4-20-2024 Intel Guru Frank26 It seems to me the pattern of these bank stories that I've been receiving are changing more in the direction that, 'Yeah, we know. We don't know when. We don't know what to tell you. We don't know how much...but yeah we know what's going on.'
4-20-2024 Newshound Guru Clare Article: "Iraq ranks fourth as the best emerging market for investment in 2024”
4-20-2024 Newshound Guru Militia Man Article "Al-Sudani receives Washington the Chairman of JP Morgan" Those that say JP Morgan don't know anything about it should read up.
4-20-2024 Guest Guru Suzie I know with all the forthcoming intel/info we've had..., the promise made by Sudani to the people...we all are speculating the next move shortly from Iraq as the blessing we've all (including the Iraqis) long awaited, I hope and pray we're not setting ourselves up for another disappointment from more of Iraq's capabilities for another set back like we've been used to seeing....praying for all this to go well this time around with no more delays.
4-20-2024 Newshound Guru Pimpy Question: "So you're telling me we should sell our dinar because it's about to lose us a lot of money?" I'm saying we don't know what's going to happen. There's a possibility we can wake up tomorrow and it's 1 to 1 and they haven't deleted the zeros a lot of people are millionaires. There's a possibility we wake up tomorrow and they delete the zeros and we have to exchange it for the new currency and then they change it 1 to 1 and you're not a millionaire.
4-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Some lady is on the television news saying once the delegation returns from the Untied States of American the budget amendment law will be sent to parliament. She's saying one of the issues is about salaries and this will end all issues on salaries for the first time ever once and for all... FRANK: She's correct. When Sudani comes back he will deal with the budget and you will have your new exchange rate because that's the only way that the salaries are going to be paid. They're tell you they're going to be paid for the first time ever. They have never been paid because of a lack of good exchange rate...
4-20-2024 Newshound Guru Clare Article: "Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund" Quote: "Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions."
4-20-2024 Intel Guru MarkZ [via PDK] ...Sudani just landed a few hours ago back in Iraq after a very interesting tour in the US. He took questions during a Q&A and was asked about the revaluation of the dinar. He said specifically that yes that was under the auspices of the CBI but we are very much working on that direction. That is paraphrasing and not exact because of the translation. But that is phenomenal news imo.
4-20-2024 Newshound Guru Militia Man MILITIA MAN: Deletion of the zeros project, is that what they're talking about? If you're going to raise the value of the currency you're going to have to do something to it and that's the exchange rate. You don't just LOP three zeros off a currency and say, 'Snip! Go use this'. It doesn't work that way. They have to raise the value...We know their reserves are $110 to $112 billion, they have gold, they have all the new electronic systems, taxes and tariffs...tourism, agriculture, liquid gas, all that stuff added into this is going to benefit them. Basically what is he saying? They're going to raise the level of the value of the Iraqi dinar. That's really powerful... Post 2 of 2]
4-20-2024 Newshound Guru Militia Man [Q&A portion of Al-Sudani interview] Question: "Is the government thinking of revaluing the dinar and readjusting the value of the dinar due to the current circumstances in the market or do you see it to stay the same?" Al-Sudani's answer: "This policy is dictated by the central bank and the government abide by what the bank decides. I believe we are in the best status we could be in and we have actually had an assessment which has given much trust, higher trust at a higher level from different global parties...This is going to raise the level or value of the Iraqi dinar. There is policy that is consistent policy that the central bank is using..." [Post 1 of 2....stay tuned]
4-20-2024 Intel Guru Frank26 [Al-Sudani Q and A in Washington DC 1 hour 28 minute mark] Community Member: The question was asked...Is the government thinking of revaluing the dinar and reinstating the value of the dinar due to the current circumstances in the markets or do you see that it say the same? Sudani replies by saying 'This policy is dedicated by the central bank and the governments abide by what the CBI decides. Right now I believe we are in the best status that we could be in...We started the reforms...this is going to raise the level of the value of the Iraqi dinar.' He told the whole world...
4-20-2024 Intel Guru Bruce [via WiserNow] ...the rates are doing very well...trending upward...the new rate on the dinar...is going up in value - and should be out as an international rate... They already have an idea where they're gonna land as far as rates on front screens at the redemption centers ...gonna be very, very strong... I would say we should finally have an internationally exposed dinar rate Sunday evening...it will probably show up in our banks on Monday...
4-20-2024 Newshound Guru Clare Article: "Iraq ranks fourth as the best emerging market for investment in 2024”
4-20-2024 Newshound Guru Militia Man Article "Al-Sudani receives Washington the Chairman of JP Morgan" Those that say JP Morgan don't know anything about it should read up.
4-20-2024 Guest Guru Suzie I know with all the forthcoming intel/info we've had..., the promise made by Sudani to the people...we all are speculating the next move shortly from Iraq as the blessing we've all (including the Iraqis) long awaited, I hope and pray we're not setting ourselves up for another disappointment from more of Iraq's capabilities for another set back like we've been used to seeing....praying for all this to go well this time around with no more delays.
4-20-2024 Newshound Guru Pimpy Question: "So you're telling me we should sell our dinar because it's about to lose us a lot of money?" I'm saying we don't know what's going to happen. There's a possibility we can wake up tomorrow and it's 1 to 1 and they haven't deleted the zeros a lot of people are millionaires. There's a possibility we wake up tomorrow and they delete the zeros and we have to exchange it for the new currency and then they change it 1 to 1 and you're not a millionaire.
4-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Some lady is on the television news saying once the delegation returns from the Untied States of American the budget amendment law will be sent to parliament. She's saying one of the issues is about salaries and this will end all issues on salaries for the first time ever once and for all... FRANK: She's correct. When Sudani comes back he will deal with the budget and you will have your new exchange rate because that's the only way that the salaries are going to be paid. They're tell you they're going to be paid for the first time ever. They have never been paid because of a lack of good exchange rate...
4-20-2024 Newshound Guru Clare Article: "Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund" Quote: "Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions."
4-20-2024 Intel Guru MarkZ [via PDK] ...Sudani just landed a few hours ago back in Iraq after a very interesting tour in the US. He took questions during a Q&A and was asked about the revaluation of the dinar. He said specifically that yes that was under the auspices of the CBI but we are very much working on that direction. That is paraphrasing and not exact because of the translation. But that is phenomenal news imo.
4-20-2024 Newshound Guru Militia Man MILITIA MAN: Deletion of the zeros project, is that what they're talking about? If you're going to raise the value of the currency you're going to have to do something to it and that's the exchange rate. You don't just LOP three zeros off a currency and say, 'Snip! Go use this'. It doesn't work that way. They have to raise the value...We know their reserves are $110 to $112 billion, they have gold, they have all the new electronic systems, taxes and tariffs...tourism, agriculture, liquid gas, all that stuff added into this is going to benefit them. Basically what is he saying? They're going to raise the level of the value of the Iraqi dinar. That's really powerful... Post 2 of 2]
4-20-2024 Newshound Guru Militia Man [Q&A portion of Al-Sudani interview] Question: "Is the government thinking of revaluing the dinar and readjusting the value of the dinar due to the current circumstances in the market or do you see it to stay the same?" Al-Sudani's answer: "This policy is dictated by the central bank and the government abide by what the bank decides. I believe we are in the best status we could be in and we have actually had an assessment which has given much trust, higher trust at a higher level from different global parties...This is going to raise the level or value of the Iraqi dinar. There is policy that is consistent policy that the central bank is using..." [Post 1 of 2....stay tuned]
4-20-2024 Intel Guru Frank26 [Al-Sudani Q and A in Washington DC 1 hour 28 minute mark] Community Member: The question was asked...Is the government thinking of revaluing the dinar and reinstating the value of the dinar due to the current circumstances in the markets or do you see that it say the same? Sudani replies by saying 'This policy is dedicated by the central bank and the governments abide by what the CBI decides. Right now I believe we are in the best status that we could be in...We started the reforms...this is going to raise the level of the value of the Iraqi dinar.' He told the whole world...
4-20-2024 Intel Guru Bruce [via WiserNow] ...the rates are doing very well...trending upward...the new rate on the dinar...is going up in value - and should be out as an international rate... They already have an idea where they're gonna land as far as rates on front screens at the redemption centers ...gonna be very, very strong... I would say we should finally have an internationally exposed dinar rate Sunday evening...it will probably show up in our banks on Monday...
4-19-2024 Newshound Guru Militia Man [Executive] Order 13303... according to the US National Emergency law failure to renew the executive order within a period of 90 days from the date of previous renewal means it will become invalid. We're not even into May yet and that's when it was signed. There's still an additional 90 days tacked on to that last date...What we're seeing I frankly don't care...It's a protection for Iraq's interests and the US's interests...All these years it's been in place. In my view a good thing because it's protection...
4-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says...if it is 1 to 1 that's a good start but he feels like because what he personally knows the rate could carry a $5+ and support it very well because our reserves are way higher than what they are telling anyone. That's just his opinion... FRANK: It will not start at 5 to 1 IMO as it will not start at 1 to 1.
4-19-2024 Newshound Guru Clare Article: "Al-Sudani receives in Washington the Chairman of JPMorgan"
4-19-2024 Newshound Guru Deepwoodz Article: "Al-Sudani: Iraq is a country full of opportunities and its projects amount to 400 billion dollars" 400 billion x 1310 = 524 trillion dinar...ummmmm….i don’t think so. Budget ain’t that big! Unless you have a roundabout 3:1 rate the opposite direction.
4-19-2024 Intel Guru Bruce [via WiserNow] We know that we have been close for this going...individual coming from Europe, is saying that...we should be receiving our emails Saturday, Sunday or Monday...So that's...from this Wells Fargo Bond Paymaster... Now...a couple of other individuals that are older and have worked in some capacity with the Reagan Treasury and administration... They...say that in their opinion, we are going to receive our emails, either [Friday] or Saturday and then we'll exchange according based on whenever we received those emails...and then finally we go to a bank that we’ve all heard of – not one of the Big 4 – but this particular bank is saying that we would be notified over the weekend which included Friday Saturday or Sunday...we'll see what happens over this weekend.
4-19-2024 Newshound Guru Pimpy Article quote: "Removing zeros off the Iraqi Dinar can indeed impact liquidity issues in Iraq. By re-denominating the currency and removing zeros, the Central Bank of Iraq aims to reduce transaction costs and make it easier for people to carry less physical money. With a lower denomination, larger amounts can be replaced with fewer notes...This can potentially enhance liquidity management within the country's financial system." So the deletion of the zeros could help Iraq with their liquidity issues...
4-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing that the delegation is saying that the term sanction is rejected. The delegation is saying we reject this because we are a sovereign country and financially independent. FRANK: No burdens! No sanctions! No program rate!
4-19-2024 Newshound Guru Clare Article 1: "Iraq’s prime minister heads to Michigan to meet Arab Americans at a tense time for the Middle East” Article 2: "Iraqi Prime Minister Mohammed Shia' al-Sudani makes quick visit to Metro Detroit" Quote: "Iraqi Prime Minister Mohammed Shia' al-Sudani was in Metro Detroit on Thursday evening for a quick visit, where he planned a trip to a Dearborn Heights mosque and a West Bloomfield country club to meet with local members of the Iraqi diaspora, Wayne County officials said."
4-19-2024 Newshound Guru Militia Man Al Sudani has a big motorcade once again...The 3rd or 4th one...In Dearborn Michigan this evening. He is in the United States still. There's a large population of Iraqi's in Dearborn, Bloomfield, those portions of Michigan...
4-19-2024 Intel Guru MarkZ [via PDK] Comment: I hear EO 13303 not expired until May 13th, 2024. MarkZ: Let’s think about this. If it was your job to make certain that the timing was clouded. Would you not extend that executive order??? Of course you would. This is not a concern. This is like picking up a Kuwaiti paper the morning of the RV, and reading 3 different articles about how they cannot change their value yet. Of course this is what they are going to do.
4-19-2024 Intel Guru Frank26 Houston Texas and Dearborn Michigan...Al-Sudani arriving [motorcade]. I stopped counting when I got up to 50. You're telling me that all these gigantic monstrous vehicles that are escorting the Prime Minister of Iraq is bring a program rate to the world? You need this type of security for toilet paper value? Of course not...This is serious. When the delegation returns back to Iraq, we already told you IOO what is going to happen...
4-19-2024 Newshound Guru Clare Article: "Sudanese arrives in Houston, Texas" Quote: "Prime Minister Muhammad Shiaa Al-Sudani arrived this afternoon, Thursday, in the city of Houston in the state of Texas, as part of his official visit to the United States of America."
4-19-2024 Newshound/Intel Guru Mnt Goat The news just keeps getting better and better. ...my CBI contact again confirmed to me that this meeting of Iraq with the Whitehouse had to take place and could be seen as a healing meeting between the two countries. One issue was of course the status of leaving or the pullout of US forces. This issue is clear, as the US forces do not plan to leave Iraq again and destabilize the middle east, especially in these turbulent times...don’t worry it is not going to happen any time soon as long-term plans are being negotiated to give Iraq what it wants and give the US what it wants...
4-19-2024 Guest Guru Rod Steele [via PDK] There has never been this big a delegation from Iraq over here before…and so many partnership agreements being signed at one time. ...All the agreements being activated are about the Iraqi economy... They are also visiting in Michigan and Houston where Iraqi populations and Iraqi banks are. Also Bush Sr. arranged for the Iraqi CBI servers to be located in Houston...The US banks are ready…all the staff is in place. All sounds very positive and silence these days is golden for sure...
4-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says...if it is 1 to 1 that's a good start but he feels like because what he personally knows the rate could carry a $5+ and support it very well because our reserves are way higher than what they are telling anyone. That's just his opinion... FRANK: It will not start at 5 to 1 IMO as it will not start at 1 to 1.
4-19-2024 Newshound Guru Clare Article: "Al-Sudani receives in Washington the Chairman of JPMorgan"
4-19-2024 Newshound Guru Deepwoodz Article: "Al-Sudani: Iraq is a country full of opportunities and its projects amount to 400 billion dollars" 400 billion x 1310 = 524 trillion dinar...ummmmm….i don’t think so. Budget ain’t that big! Unless you have a roundabout 3:1 rate the opposite direction.
4-19-2024 Intel Guru Bruce [via WiserNow] We know that we have been close for this going...individual coming from Europe, is saying that...we should be receiving our emails Saturday, Sunday or Monday...So that's...from this Wells Fargo Bond Paymaster... Now...a couple of other individuals that are older and have worked in some capacity with the Reagan Treasury and administration... They...say that in their opinion, we are going to receive our emails, either [Friday] or Saturday and then we'll exchange according based on whenever we received those emails...and then finally we go to a bank that we’ve all heard of – not one of the Big 4 – but this particular bank is saying that we would be notified over the weekend which included Friday Saturday or Sunday...we'll see what happens over this weekend.
4-19-2024 Newshound Guru Pimpy Article quote: "Removing zeros off the Iraqi Dinar can indeed impact liquidity issues in Iraq. By re-denominating the currency and removing zeros, the Central Bank of Iraq aims to reduce transaction costs and make it easier for people to carry less physical money. With a lower denomination, larger amounts can be replaced with fewer notes...This can potentially enhance liquidity management within the country's financial system." So the deletion of the zeros could help Iraq with their liquidity issues...
4-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing that the delegation is saying that the term sanction is rejected. The delegation is saying we reject this because we are a sovereign country and financially independent. FRANK: No burdens! No sanctions! No program rate!
4-19-2024 Newshound Guru Clare Article 1: "Iraq’s prime minister heads to Michigan to meet Arab Americans at a tense time for the Middle East” Article 2: "Iraqi Prime Minister Mohammed Shia' al-Sudani makes quick visit to Metro Detroit" Quote: "Iraqi Prime Minister Mohammed Shia' al-Sudani was in Metro Detroit on Thursday evening for a quick visit, where he planned a trip to a Dearborn Heights mosque and a West Bloomfield country club to meet with local members of the Iraqi diaspora, Wayne County officials said."
4-19-2024 Newshound Guru Militia Man Al Sudani has a big motorcade once again...The 3rd or 4th one...In Dearborn Michigan this evening. He is in the United States still. There's a large population of Iraqi's in Dearborn, Bloomfield, those portions of Michigan...
4-19-2024 Intel Guru MarkZ [via PDK] Comment: I hear EO 13303 not expired until May 13th, 2024. MarkZ: Let’s think about this. If it was your job to make certain that the timing was clouded. Would you not extend that executive order??? Of course you would. This is not a concern. This is like picking up a Kuwaiti paper the morning of the RV, and reading 3 different articles about how they cannot change their value yet. Of course this is what they are going to do.
4-19-2024 Intel Guru Frank26 Houston Texas and Dearborn Michigan...Al-Sudani arriving [motorcade]. I stopped counting when I got up to 50. You're telling me that all these gigantic monstrous vehicles that are escorting the Prime Minister of Iraq is bring a program rate to the world? You need this type of security for toilet paper value? Of course not...This is serious. When the delegation returns back to Iraq, we already told you IOO what is going to happen...
4-19-2024 Newshound Guru Clare Article: "Sudanese arrives in Houston, Texas" Quote: "Prime Minister Muhammad Shiaa Al-Sudani arrived this afternoon, Thursday, in the city of Houston in the state of Texas, as part of his official visit to the United States of America."
4-19-2024 Newshound/Intel Guru Mnt Goat The news just keeps getting better and better. ...my CBI contact again confirmed to me that this meeting of Iraq with the Whitehouse had to take place and could be seen as a healing meeting between the two countries. One issue was of course the status of leaving or the pullout of US forces. This issue is clear, as the US forces do not plan to leave Iraq again and destabilize the middle east, especially in these turbulent times...don’t worry it is not going to happen any time soon as long-term plans are being negotiated to give Iraq what it wants and give the US what it wants...
4-19-2024 Guest Guru Rod Steele [via PDK] There has never been this big a delegation from Iraq over here before…and so many partnership agreements being signed at one time. ...All the agreements being activated are about the Iraqi economy... They are also visiting in Michigan and Houston where Iraqi populations and Iraqi banks are. Also Bush Sr. arranged for the Iraqi CBI servers to be located in Houston...The US banks are ready…all the staff is in place. All sounds very positive and silence these days is golden for sure...
4-18-2024 Intel Guru Frank26 You know the competition that is going to be with those private banks from the CBI [in the US] with American banks? It's going to be massive and people don't even understand that right now. American banks are going to come after you and they know you. They know who has dinars. The US Treasury will tell them...Yes, they're going to tell them. They already told them. This is massive what is about to happen...
4-18-2024 Newshound Guru Pimpy What is the deletion of zeros of currency? An action aimed at increasing the nominal value of money. Nominal value, NOT the exchange rate. Re-denomination, that's what this is. What is lopping off zeros? Same thing. Changes the nominal value. What is the removal of zeros off currency? ...Also known as deleting of the zeros...Re-denomination. What is reducing of zeros off currency? Re-Denomination. I'm telling you guys all those things are the same thing...You remove the zeros off the currency and when you do that .00076 will be .76 but it doesn't change the value of your currency versus other world currencies. That stays the same.
4-18-2024 Intel Guru MarkZ [via PDK] I continue to hear rumors of the different spots that Sudani has visited. I am hearing there was a clandestine meeting with a signatory of seven of the banking families from China. Hang tight guys as we sort this over the next day or two and figure out what is hopeful rumor and what is fact. But things are very positive.
4-18-2024 Newshound Guru Samson Article: "The Iraqi Private Banks Association praises Al-Sudani's visit to Washington"
4-18-2024 Newshound Guru Militia Man [Iraq] is now in a security and stability and debt free state and now they're going into a state of expansion on their economic reforms, development programs, sustainable development...all of the things we've been talking to you about are coming to fruition. They're not going to do that at 1310...
4-18-2024 Intel Guru Frank26 Article: "After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings" This is so powerful. The closing of the auction windows is the end of those that were stopping the monetary reform...
4-18-2024 Newshound Guru Paulette Article: "Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy" Quote: "The visit comes in a very heated situation and everyone is awaiting its outcomes, and the Sudanese carries...ideas and projects that move towards consolidating the relationship with the American side and transferring it from the process of guardianship to friendship...In a way that allows Iraq to assume its pivotal role in the region." As I have been stating...Iraq needs the US Guardianship to end!! (UN 1483)
4-18-2024 Newshound Guru Pimpy Really great news came through today... Article "After 21 years of dollar actuation Iraq is approaching the window closed amid reassurances and warnings" Iran was using Iraq's currency auction to funnel the dinar into Iraq for the US dollar...The goal is to have the currency auction ended by the end of this year.
4-18-2024 Intel Guru MarkZ [via PDK] ...I am happy where we are right now. The only thing that would make me happier is us exchanging.
4-18-2024 Newshound Guru Samson Article: ”Al-Sudani receives in Washington the Chairman of JPMorgan"
4-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani...is meeting with Iraqi business owners in the United States of America ...They're talking about visits that will bring more stability. They're saying they are going to return the dinar to its price and how the dollar will drop dramatically and not be used in Iraq. A lot is being said about the strength of our currency of the dinar and the meeting is over 100 of these companies.
4-18-2024 Intel Guru Bruce [via WiserNow] ...a lot of the sources are very quiet...Typically, that means they're under new NDA’s. ...we know that we know that Iraq is doing some things in the US...I think they're really getting ready for this – to be known internationally - their reason for this session, my way of thinking the rate on the dinar has not been put out internationally yet for everyone to know what that is - but we know that rates are on the screens – all of them - They've been trading upwards, we know that the contract rate on the dinar is still very high and we know that the dong rate is also moving up in a good direction...
4-18-2024 Guest Guru Rod Steele [via PDK] Sudani has been in the US since Saturday and he met with Biden for an hour on Monday. Everything is now formally agreed too…Iraq is telling the people it is done and coming. The ABC agencies are saying to look for it between now and the rest of the week. The banks are hoping it will be tonight [Wednesday] or in the morning. I think they are a little bit ahead of the game though. Logically and realistically I think it will be next week because all the key Iraqi ministers and officers are here in the US. I think they will wait until they are back on Iraqi soil...I hear they are putting up big screen TV’s all over Baghdad and other parts of Iraq for some big announcement when they get back. We don’t know what that announcement is…but, I can guess.
4-18-2024 Newshound Guru Pimpy What is the deletion of zeros of currency? An action aimed at increasing the nominal value of money. Nominal value, NOT the exchange rate. Re-denomination, that's what this is. What is lopping off zeros? Same thing. Changes the nominal value. What is the removal of zeros off currency? ...Also known as deleting of the zeros...Re-denomination. What is reducing of zeros off currency? Re-Denomination. I'm telling you guys all those things are the same thing...You remove the zeros off the currency and when you do that .00076 will be .76 but it doesn't change the value of your currency versus other world currencies. That stays the same.
4-18-2024 Intel Guru MarkZ [via PDK] I continue to hear rumors of the different spots that Sudani has visited. I am hearing there was a clandestine meeting with a signatory of seven of the banking families from China. Hang tight guys as we sort this over the next day or two and figure out what is hopeful rumor and what is fact. But things are very positive.
4-18-2024 Newshound Guru Samson Article: "The Iraqi Private Banks Association praises Al-Sudani's visit to Washington"
4-18-2024 Newshound Guru Militia Man [Iraq] is now in a security and stability and debt free state and now they're going into a state of expansion on their economic reforms, development programs, sustainable development...all of the things we've been talking to you about are coming to fruition. They're not going to do that at 1310...
4-18-2024 Intel Guru Frank26 Article: "After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings" This is so powerful. The closing of the auction windows is the end of those that were stopping the monetary reform...
4-18-2024 Newshound Guru Paulette Article: "Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy" Quote: "The visit comes in a very heated situation and everyone is awaiting its outcomes, and the Sudanese carries...ideas and projects that move towards consolidating the relationship with the American side and transferring it from the process of guardianship to friendship...In a way that allows Iraq to assume its pivotal role in the region." As I have been stating...Iraq needs the US Guardianship to end!! (UN 1483)
4-18-2024 Newshound Guru Pimpy Really great news came through today... Article "After 21 years of dollar actuation Iraq is approaching the window closed amid reassurances and warnings" Iran was using Iraq's currency auction to funnel the dinar into Iraq for the US dollar...The goal is to have the currency auction ended by the end of this year.
4-18-2024 Intel Guru MarkZ [via PDK] ...I am happy where we are right now. The only thing that would make me happier is us exchanging.
4-18-2024 Newshound Guru Samson Article: ”Al-Sudani receives in Washington the Chairman of JPMorgan"
4-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani...is meeting with Iraqi business owners in the United States of America ...They're talking about visits that will bring more stability. They're saying they are going to return the dinar to its price and how the dollar will drop dramatically and not be used in Iraq. A lot is being said about the strength of our currency of the dinar and the meeting is over 100 of these companies.
4-18-2024 Intel Guru Bruce [via WiserNow] ...a lot of the sources are very quiet...Typically, that means they're under new NDA’s. ...we know that we know that Iraq is doing some things in the US...I think they're really getting ready for this – to be known internationally - their reason for this session, my way of thinking the rate on the dinar has not been put out internationally yet for everyone to know what that is - but we know that rates are on the screens – all of them - They've been trading upwards, we know that the contract rate on the dinar is still very high and we know that the dong rate is also moving up in a good direction...
4-18-2024 Guest Guru Rod Steele [via PDK] Sudani has been in the US since Saturday and he met with Biden for an hour on Monday. Everything is now formally agreed too…Iraq is telling the people it is done and coming. The ABC agencies are saying to look for it between now and the rest of the week. The banks are hoping it will be tonight [Wednesday] or in the morning. I think they are a little bit ahead of the game though. Logically and realistically I think it will be next week because all the key Iraqi ministers and officers are here in the US. I think they will wait until they are back on Iraqi soil...I hear they are putting up big screen TV’s all over Baghdad and other parts of Iraq for some big announcement when they get back. We don’t know what that announcement is…but, I can guess.
4-17-2024 Intel Guru Frank26 IMO just before Sudani left on his trip with his delegation to Washington DC to visit the United States Treasury he gave orders to the government of Iraq to start setting up the big screens because he wants to make an announcement once the delegation returns from Washington DC...IMO the government of Iraq is going to give the citizens what they promised them, purchasing power of their currency. He will keep his promise that he swore upon Allah, introduce the lower notes with the new exchange rate...It is Sudani's intention to make an announcement and we believe it will be done through these screens.
4-17-2024 Newshound Guru Pimpy Community Comment "When Donald Trump was president he had an interview on national television with Laura Ingram and he said to the nation just how much dinar currency the United States owns." Did he? Is that what he really said? Trump interview quote "We have a lot of their money. We have $35 billion of their money right now sitting in an account..." He wasn't talking about they were holding Iraqi dinar. We were holding Iraq's money period. We had their DFI account as well as all their foreign reserve currencies. That's the money he was talking about...
4-17-2024 Newshound Guru Militia Man The 2023/2024 budget hasn't been sent to the HOR yet but they're saying in the coming weeks...There's time constraints on getting things done...They can't likely expose an exchange rate to the House of Representatives before they give it to them, they just can't do that because that would leak around, it would get out and it would be a disruption. But...they have to give them that information because it's a legal component. If they do what they say they're going to do and get an exchange rate out...it's likely going to be before that happens.
4-17-2024 Newshound Guru Clare Article: "Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables" Quote “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024..."
4-17-2024 Intel Guru MarkZ [via PDK] Question: Is it true people have started to get notifications? MarkZ: ...most of my sources have gag orders right now. Some have actual NDA’s, and some of them are being leaned on by leadership to not say anything. Especially with groups. With so many people being leaned on to stay quiet - I think this is fantastic news. With some contacts I am going straight to voicemail which means their equipment is turned off. To me this is an excellent sign. So it appears we are close to the finish line...my Iraqi sources seem to think so.
4-17-2024 Guest Guru PompeyPeter Where are we? Why hasn't he pushed the button? Ever closer. Ever, ever ever closer. If we look at what's in front of us, no citizens entitlements...no budget...no rate change that's why...We don't know what we don't know but if we anchor in...the articles...we have to realize our situation is fantastic...
4-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Reported on our television...Part of the government delegation saying we will witness a rapid drop in the dollar in the coming days. FRANK: Whoop there it is! ...They're about to put up those screens to show you the lower notes when Sudani returns...
4-17-2024 Newshound Guru Samson Article: ”After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings"
4-17-2024 Newshound Guru Pimpy There's more than just paying attention to what's going on in Iraq. When your own country is trying to provoke World War III it makes it a little hard to focus on whether or not the Iraqi dinar is going to revalue...You've got Iran bombing Israel. We're just waiting for Israel to retaliate. That's just going to provoke things even further along.
4-17-2024 Newshound Guru Militia Man They just said they're going to decrease the value of the dollar, which doesn't make any sense. How is Iraq going to decrease the value of the dollar? The only way they can do that is if they increase the value of their currency because the United States dollar is...the most prolific currency in the world. The volume traded is the largest in the world...
4-17-2024 Intel Guru Wolverine “My Contact confirmed that there was a “pause” on everything because of our safety. But it was lifted. She said this is the closest we have ever been. She doesn’t want to give dates. But things can go any moment. Keep watching Iraq – big announcement coming soon.”...
4-17-2024 Newshound Guru Clare Article: "The Sudanese advisor expects the dollar to decline after the Washington discussions”
4-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing the CBI governor and team is meeting with the United States of America Treasury Department about the Iraq banks saying it's about the rehabilitation of these banks to the United States Treasury regulations. Talking about those banks are needed for the reform to maximize. FRANK: Didn't I tell you these 28 banks are the key part of the reinstatement? But that would be internally. Externally that's like Aki [Walkingstick's banking friend in the U.S.] and the private banks.
4-17-2024 Newshound/Intel Guru Mnt Goat I was told by my CBI contact that the currency swap out will happen as they will not hide this event and must inform the citizens (education process...). Yes, they also have to explain the exchange swap-out process and how it will work along with descriptions of the newer lower denominations. The CBI will then post those pictures of the lower denominations my contact told me were taken weeks ago. So, just wait and watch it all play out...You should be excited...with FACTUAL knowledge...
4-17-2024 Intel Guru MarkZ [via PDK] We know Sudani right now is traveling all over the US. We know people are positioning …and everything coming together is to me – very important. I originally thought Sudani was going to do it before he came to the US….but now that I know the bond schedules - it makes more sense to me that they do it when he gets back to Iraq, I cannot imagine him not wanting to be in country for it.
4-17-2024 Newshound Guru Pimpy Community Comment "When Donald Trump was president he had an interview on national television with Laura Ingram and he said to the nation just how much dinar currency the United States owns." Did he? Is that what he really said? Trump interview quote "We have a lot of their money. We have $35 billion of their money right now sitting in an account..." He wasn't talking about they were holding Iraqi dinar. We were holding Iraq's money period. We had their DFI account as well as all their foreign reserve currencies. That's the money he was talking about...
4-17-2024 Newshound Guru Militia Man The 2023/2024 budget hasn't been sent to the HOR yet but they're saying in the coming weeks...There's time constraints on getting things done...They can't likely expose an exchange rate to the House of Representatives before they give it to them, they just can't do that because that would leak around, it would get out and it would be a disruption. But...they have to give them that information because it's a legal component. If they do what they say they're going to do and get an exchange rate out...it's likely going to be before that happens.
4-17-2024 Newshound Guru Clare Article: "Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables" Quote “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024..."
4-17-2024 Intel Guru MarkZ [via PDK] Question: Is it true people have started to get notifications? MarkZ: ...most of my sources have gag orders right now. Some have actual NDA’s, and some of them are being leaned on by leadership to not say anything. Especially with groups. With so many people being leaned on to stay quiet - I think this is fantastic news. With some contacts I am going straight to voicemail which means their equipment is turned off. To me this is an excellent sign. So it appears we are close to the finish line...my Iraqi sources seem to think so.
4-17-2024 Guest Guru PompeyPeter Where are we? Why hasn't he pushed the button? Ever closer. Ever, ever ever closer. If we look at what's in front of us, no citizens entitlements...no budget...no rate change that's why...We don't know what we don't know but if we anchor in...the articles...we have to realize our situation is fantastic...
4-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Reported on our television...Part of the government delegation saying we will witness a rapid drop in the dollar in the coming days. FRANK: Whoop there it is! ...They're about to put up those screens to show you the lower notes when Sudani returns...
4-17-2024 Newshound Guru Samson Article: ”After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings"
4-17-2024 Newshound Guru Pimpy There's more than just paying attention to what's going on in Iraq. When your own country is trying to provoke World War III it makes it a little hard to focus on whether or not the Iraqi dinar is going to revalue...You've got Iran bombing Israel. We're just waiting for Israel to retaliate. That's just going to provoke things even further along.
4-17-2024 Newshound Guru Militia Man They just said they're going to decrease the value of the dollar, which doesn't make any sense. How is Iraq going to decrease the value of the dollar? The only way they can do that is if they increase the value of their currency because the United States dollar is...the most prolific currency in the world. The volume traded is the largest in the world...
4-17-2024 Intel Guru Wolverine “My Contact confirmed that there was a “pause” on everything because of our safety. But it was lifted. She said this is the closest we have ever been. She doesn’t want to give dates. But things can go any moment. Keep watching Iraq – big announcement coming soon.”...
4-17-2024 Newshound Guru Clare Article: "The Sudanese advisor expects the dollar to decline after the Washington discussions”
4-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing the CBI governor and team is meeting with the United States of America Treasury Department about the Iraq banks saying it's about the rehabilitation of these banks to the United States Treasury regulations. Talking about those banks are needed for the reform to maximize. FRANK: Didn't I tell you these 28 banks are the key part of the reinstatement? But that would be internally. Externally that's like Aki [Walkingstick's banking friend in the U.S.] and the private banks.
4-17-2024 Newshound/Intel Guru Mnt Goat I was told by my CBI contact that the currency swap out will happen as they will not hide this event and must inform the citizens (education process...). Yes, they also have to explain the exchange swap-out process and how it will work along with descriptions of the newer lower denominations. The CBI will then post those pictures of the lower denominations my contact told me were taken weeks ago. So, just wait and watch it all play out...You should be excited...with FACTUAL knowledge...
4-17-2024 Intel Guru MarkZ [via PDK] We know Sudani right now is traveling all over the US. We know people are positioning …and everything coming together is to me – very important. I originally thought Sudani was going to do it before he came to the US….but now that I know the bond schedules - it makes more sense to me that they do it when he gets back to Iraq, I cannot imagine him not wanting to be in country for it.
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The latest guru posts continue below...
The latest guru posts continue below...
4-16-2024 Intel Guru Frank26 Both Abadi and Maliki were both turned down by the presidents of the United States of America in Washington DC...Abadi was treated like a fool by Obama. The very same thing happened to Maliki...This time it is a different story. It is a historical event.
4-16-2024 Newshound Guru Militia Man The final provisions of the SFA are on the table...Security is set. The economic aspect is underway. We're going to watch al-Sudani finish up his signing of contracts... I can't imagine ...how are you going to fund all this with an exchange rate of 1310 IQD to the USD? And how is it that that you've said the Iraqi dinar, Mr Al-Sudani, is stronger than the dollar?
4-16-2024 Newshound Guru Clare Article 1 "Kurdish MP: Sudanese success in the dollar crisis is the most important step in his visit to Washington" Article 2 "Allawi: The Prime Minister’s dialogues with the US Treasury will address the government’s steps in financial reform"
4-16-2024 Intel Guru MarkZ [via PDK] ...The group leaders I know Are under a “blackout” and will not share. I think this is a very good sign. ... We need at least a third to a half of historic bonds paid before we go. So my logical mind is saying the 22nd is the soonest we could see something. I could be wrong and it could absolutely go anytime…even in the next 2 minutes and it would not surprise me.
4-16-2024 Newshound/Intel Guru Fnu Lnu The United States will NOT... repeat WILL NOT....be leaving Iraq now or in the future. The power vacuum WILL be filled by Iran and only a fool would want the US to leave IRAQ!
4-16-2024 Guru Nader From The Mid East I believe it's going to happen. I believe it's going to change. I believe it's going to change, happen when it's ready to happen. That's it. When you see the coalition leave...the government of Iraq sovereign and nobody control it and when you see a new dinar that's when the exchange rate will change. Simple as that.
4-16-2024 Intel Guru Frank26 We are now in position IMO that the banks that are going to exchange the Iraqi dinar are now on alert.
4-16-2024 Newshound/Intel Guru Walkingstick [Walkingstick's former Iraqi bank partner Number One Update] Number One is with Sudani. That's why Number One is in DC right now. He owns 6 banks and 4 of them are in Iraq. Those banks are playing a part of the monetary reform inside of Iraq. Also, outside with the private bank satellite banks that are representing the Central Bank of Iraq. They're going to Michigan because Aki [Iraqi Bank Manager] is in Michigan.
4-16-2024 Intel Guru MarkZ [via PDK] Question: Do you think RV in April Mark? I think April is still well within the sites and is the goal. I am still being told that and I believe it.
4-16-2024 Newshound Guru Sandy Ingram Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States. Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S. The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world...
4-16-2024 Newshound Guru Militia Man Al-Sudani's visit to the White House...we know he's already done that...They brought about 130 different people with them. I think they said three planes worth...That [Large] motorcade yesterday in WDC was so very telling in just how important today and tomorrow will be. If you are not excited by now? Wake up!
4-16-2024 Newshound Guru Clare Article: "Prime Minister Muhammad Shiaa Al-Sudani met this Monday evening (April 15, 2024) with US President Joseph Biden at the White House in Washington, DC. Al-Sudani said during the meeting, "We are working to move from the military relationship to a full partnership with the United States."
4-16-2024 Intel Guru Frank26 There are many Chief Executive Officers of many banks around the world at the US Treasury meeting right now with Sudani, Alaq and Barzani...Also...CEOs of CitiBank, Chase Bank and Bank of America are there. We also have all of the JP Morgan representatives, Merril Lynch, all investment companies you can think of, all of them are meeting...The meetings are going on now...This [Iraqi] entourage is here in the United States to meet with their counter parts.
4-16-2024 Intel Guru MarkZ [via PDK] Sudani‘s travels are very interesting here in the US. He is going to Texas where the CBI keeps servers…and he is going to Michigan where there is a large population of Iraqis there…dispelled from the war. And also in Dearborn they will be adding a Warka bank location. To handle exchanges for Iraqis in Michigan. Sudani traveling to Texas and Michigan is big. He is also going to California... I am hearing he is to meet with someone named Robert who is a signatory for Chinese banking elders. This is very interesting – what we are watching. Sudani has 130 people with him…a huge entourage...Including many important people from the Finance ministry and the CBI. Things are looking positive for the next week.
4-16-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S FINANCIAL REVENUES EXCEED 11 TRILLION DINARS (about 11 Billion US Dollars) WITHIN A MONTH" Yes, even in a “rentier” oil economy the Iraqi dinar can still maintain a realistic rate of at least $3 or more...
4-16-2024 Newshound Guru Militia Man The final provisions of the SFA are on the table...Security is set. The economic aspect is underway. We're going to watch al-Sudani finish up his signing of contracts... I can't imagine ...how are you going to fund all this with an exchange rate of 1310 IQD to the USD? And how is it that that you've said the Iraqi dinar, Mr Al-Sudani, is stronger than the dollar?
4-16-2024 Newshound Guru Clare Article 1 "Kurdish MP: Sudanese success in the dollar crisis is the most important step in his visit to Washington" Article 2 "Allawi: The Prime Minister’s dialogues with the US Treasury will address the government’s steps in financial reform"
4-16-2024 Intel Guru MarkZ [via PDK] ...The group leaders I know Are under a “blackout” and will not share. I think this is a very good sign. ... We need at least a third to a half of historic bonds paid before we go. So my logical mind is saying the 22nd is the soonest we could see something. I could be wrong and it could absolutely go anytime…even in the next 2 minutes and it would not surprise me.
4-16-2024 Newshound/Intel Guru Fnu Lnu The United States will NOT... repeat WILL NOT....be leaving Iraq now or in the future. The power vacuum WILL be filled by Iran and only a fool would want the US to leave IRAQ!
4-16-2024 Guru Nader From The Mid East I believe it's going to happen. I believe it's going to change. I believe it's going to change, happen when it's ready to happen. That's it. When you see the coalition leave...the government of Iraq sovereign and nobody control it and when you see a new dinar that's when the exchange rate will change. Simple as that.
4-16-2024 Intel Guru Frank26 We are now in position IMO that the banks that are going to exchange the Iraqi dinar are now on alert.
4-16-2024 Newshound/Intel Guru Walkingstick [Walkingstick's former Iraqi bank partner Number One Update] Number One is with Sudani. That's why Number One is in DC right now. He owns 6 banks and 4 of them are in Iraq. Those banks are playing a part of the monetary reform inside of Iraq. Also, outside with the private bank satellite banks that are representing the Central Bank of Iraq. They're going to Michigan because Aki [Iraqi Bank Manager] is in Michigan.
4-16-2024 Intel Guru MarkZ [via PDK] Question: Do you think RV in April Mark? I think April is still well within the sites and is the goal. I am still being told that and I believe it.
4-16-2024 Newshound Guru Sandy Ingram Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States. Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S. The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world...
4-16-2024 Newshound Guru Militia Man Al-Sudani's visit to the White House...we know he's already done that...They brought about 130 different people with them. I think they said three planes worth...That [Large] motorcade yesterday in WDC was so very telling in just how important today and tomorrow will be. If you are not excited by now? Wake up!
4-16-2024 Newshound Guru Clare Article: "Prime Minister Muhammad Shiaa Al-Sudani met this Monday evening (April 15, 2024) with US President Joseph Biden at the White House in Washington, DC. Al-Sudani said during the meeting, "We are working to move from the military relationship to a full partnership with the United States."
4-16-2024 Intel Guru Frank26 There are many Chief Executive Officers of many banks around the world at the US Treasury meeting right now with Sudani, Alaq and Barzani...Also...CEOs of CitiBank, Chase Bank and Bank of America are there. We also have all of the JP Morgan representatives, Merril Lynch, all investment companies you can think of, all of them are meeting...The meetings are going on now...This [Iraqi] entourage is here in the United States to meet with their counter parts.
4-16-2024 Intel Guru MarkZ [via PDK] Sudani‘s travels are very interesting here in the US. He is going to Texas where the CBI keeps servers…and he is going to Michigan where there is a large population of Iraqis there…dispelled from the war. And also in Dearborn they will be adding a Warka bank location. To handle exchanges for Iraqis in Michigan. Sudani traveling to Texas and Michigan is big. He is also going to California... I am hearing he is to meet with someone named Robert who is a signatory for Chinese banking elders. This is very interesting – what we are watching. Sudani has 130 people with him…a huge entourage...Including many important people from the Finance ministry and the CBI. Things are looking positive for the next week.
4-16-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S FINANCIAL REVENUES EXCEED 11 TRILLION DINARS (about 11 Billion US Dollars) WITHIN A MONTH" Yes, even in a “rentier” oil economy the Iraqi dinar can still maintain a realistic rate of at least $3 or more...
4-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing new audit report showing Iraq as the best new investment for the year 2024. FRANK: I'm sorry...How in the world is this kind of statement even possible for you to make? You're at a program rate. Ain't no way in the world Iraq is the best investment for anybody in the year 2024 unless you're trying to tell us that you changed the exchange rate, which is what you're doing ever day to the whole world...
4-15-2024 Newshound Guru Pimpy [In a LOP] The only thing that changes is the bank notes themselves...You're not changing the value of the currency. A 25,000 dinar is going to have value as a 25 dinar. They're just going to lop the zeros off. Debt is still going to be the same, your paycheck is still going to be the same. The only difference is when you go to cash your check, the dollars [dinars?] they give you back are going to look different if they lop off the zeros.
4-15-2024 Intel Guru MarkZ [via PDK] ... the bond folks have expectations of things starting from between the 15th to the 22nd. And we were told from day one that bonds need to be close to completion or well underway before they pull the trigger… Hopefully we will know by tomorrow if bonds kick off - from European contacts...
4-15-2024 Newshound Guru Clare Article: "His advisor: Sudanese attention will focus on the economy during his meeting with the American President” Quote: "Counselor Saleh believes that the economic aspect (investment, development, and financing) will be activated for the first time in this broad form of the strategic framework agreement in order to be consistent with the data and principles of the program.”
4-15-2024 Newshound Guru Militia Man Article: "Sudanese visit..Government advisor: The economy with America will be activated on a large scale for the first time" The red carpet is laid out for Iraq and the news we see is phenomenal ... That motorcade shows it. This is not a shun like we saw with Haider al-Abadi on the White House lawn.. A stark and profound difference today is and it is a good thing!
4-15-2024 Newshound/Intel Guru Mnt Goat ... I am not sure why, but this Kuwaiti dinar has been in the news so much lately...Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar. Remember this is when the Iraqi dinar finally settles down to its nominal after the onslaught by the market once reinstated for trading. Does this mean the Kuwaiti dinar could also revalue? ...quote – “the Kuwaiti dinar has maintained its position as the most expensive currency in the world for many years, and its exchange rate against the dollar is currently 1 to 3.25..." ...Will the Iraqi dinar over run the long-standing Kuwaiti dinar in its position as the most expensive currency in the world? ...we can clearly now see something BIG is about to happen to these currencies.
4-15-2024 Newshound Guru Sandy Ingram On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House. This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.
4-15-2024 Intel Guru Frank26 Sudani, where are you going? Three places - Michigan...California...Texas...Sudani goes to visit his people in his private banks...In Texas is where the CBI has its servers for its website. He only has one hour that he's dedicated to Washington DC? ...Six days and 23 hours is for the reforms...This trip is very powerful.
4-15-2024 Newshound Guru Pimpy Iraq is right on track to do some great things. They're going to continue to do that. Let's get this coalition forces out of there plus the United States military, which is why I think Al-Sudani is coming over here to talk to the president to see about getting these people out of there and leaving Iraq on it's own devices. We'll see what happens from there...
4-15-2024 Newshound Guru Clare Article: "Iraq 24 sources: Al-Sudani will meet a delegation from the Energy Companies Complex in Houston, which includes the largest oil, gas and alternative energy companies"
4-15-2024 Newshound Guru Militia Man [Sudani] is going to need some exceptional strength, which is exchange rate oriented to do business deals with the likes of GE...big oil companies...big solar energy...They're looking to get people in the steel industry, rebar industry, cement companies because they're going to need more than Iraq has on the ground. They're going to want the support from around the world and Al-Sudani is stating he's ready for business and opening to the world.
4-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is visiting Washington, Michigan and Texes while in the United States of America. FRANK: Understand the seriousness of this trip. It's not to go see some guy at the White House. It's to go lay out the groundwork for both of their reforms.
4-15-2024 Newshound/Intel Guru Mnt Goat Shafaq News Agency followed the data and tables issued by the Ministry of Finance in April for the January accounts of the current fiscal year, which showed that oil is still the main resource for Iraq’s general budget, reaching 89%, which indicates that the rentier economy is still the main basis of the country’s general budget...the “rentier” economy is the oil economy of Iraqi. But...even with the “rentier” economy alone the Iraqi dinar can still maintain a realistic rate of at least $3 or more and this is not considering all the other assets and the 2/3 more oil Iraq is pumping and selling since 1991 when the dinar was just around $3.
4-15-2024 Newshound Guru Pimpy [In a LOP] The only thing that changes is the bank notes themselves...You're not changing the value of the currency. A 25,000 dinar is going to have value as a 25 dinar. They're just going to lop the zeros off. Debt is still going to be the same, your paycheck is still going to be the same. The only difference is when you go to cash your check, the dollars [dinars?] they give you back are going to look different if they lop off the zeros.
4-15-2024 Intel Guru MarkZ [via PDK] ... the bond folks have expectations of things starting from between the 15th to the 22nd. And we were told from day one that bonds need to be close to completion or well underway before they pull the trigger… Hopefully we will know by tomorrow if bonds kick off - from European contacts...
4-15-2024 Newshound Guru Clare Article: "His advisor: Sudanese attention will focus on the economy during his meeting with the American President” Quote: "Counselor Saleh believes that the economic aspect (investment, development, and financing) will be activated for the first time in this broad form of the strategic framework agreement in order to be consistent with the data and principles of the program.”
4-15-2024 Newshound Guru Militia Man Article: "Sudanese visit..Government advisor: The economy with America will be activated on a large scale for the first time" The red carpet is laid out for Iraq and the news we see is phenomenal ... That motorcade shows it. This is not a shun like we saw with Haider al-Abadi on the White House lawn.. A stark and profound difference today is and it is a good thing!
4-15-2024 Newshound/Intel Guru Mnt Goat ... I am not sure why, but this Kuwaiti dinar has been in the news so much lately...Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar. Remember this is when the Iraqi dinar finally settles down to its nominal after the onslaught by the market once reinstated for trading. Does this mean the Kuwaiti dinar could also revalue? ...quote – “the Kuwaiti dinar has maintained its position as the most expensive currency in the world for many years, and its exchange rate against the dollar is currently 1 to 3.25..." ...Will the Iraqi dinar over run the long-standing Kuwaiti dinar in its position as the most expensive currency in the world? ...we can clearly now see something BIG is about to happen to these currencies.
4-15-2024 Newshound Guru Sandy Ingram On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House. This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.
4-15-2024 Intel Guru Frank26 Sudani, where are you going? Three places - Michigan...California...Texas...Sudani goes to visit his people in his private banks...In Texas is where the CBI has its servers for its website. He only has one hour that he's dedicated to Washington DC? ...Six days and 23 hours is for the reforms...This trip is very powerful.
4-15-2024 Newshound Guru Pimpy Iraq is right on track to do some great things. They're going to continue to do that. Let's get this coalition forces out of there plus the United States military, which is why I think Al-Sudani is coming over here to talk to the president to see about getting these people out of there and leaving Iraq on it's own devices. We'll see what happens from there...
4-15-2024 Newshound Guru Clare Article: "Iraq 24 sources: Al-Sudani will meet a delegation from the Energy Companies Complex in Houston, which includes the largest oil, gas and alternative energy companies"
4-15-2024 Newshound Guru Militia Man [Sudani] is going to need some exceptional strength, which is exchange rate oriented to do business deals with the likes of GE...big oil companies...big solar energy...They're looking to get people in the steel industry, rebar industry, cement companies because they're going to need more than Iraq has on the ground. They're going to want the support from around the world and Al-Sudani is stating he's ready for business and opening to the world.
4-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is visiting Washington, Michigan and Texes while in the United States of America. FRANK: Understand the seriousness of this trip. It's not to go see some guy at the White House. It's to go lay out the groundwork for both of their reforms.
4-15-2024 Newshound/Intel Guru Mnt Goat Shafaq News Agency followed the data and tables issued by the Ministry of Finance in April for the January accounts of the current fiscal year, which showed that oil is still the main resource for Iraq’s general budget, reaching 89%, which indicates that the rentier economy is still the main basis of the country’s general budget...the “rentier” economy is the oil economy of Iraqi. But...even with the “rentier” economy alone the Iraqi dinar can still maintain a realistic rate of at least $3 or more and this is not considering all the other assets and the 2/3 more oil Iraq is pumping and selling since 1991 when the dinar was just around $3.
4-14-2024 Intel Guru Frank26 Sudani is walking on the yellow brick road to Washington DC . This is going to be historical trip...not just for Iraq, for both sides...the trip to Washington DC is crucial.
4-14-2024 Newshound Guru Pimpy The more they get their sovereignty back, they're already on the Swift system, they're working their way through the World Trade Organization, it's just a matter of time before they remove all restrictions and we can start buying them [Iraqi dinars] through the banks again...
4-14-2024 Guru Newshound Deepwoodz Sudani has a very long statement out today and there are no plans of America leaving... Furthermore, I have a feeling that although Sudani has the well being of his people in mind concerning the exchange rate, O’biden has his eyes on the dinar in our treasury. It’s a win win. No horse trading needed.
4-14-2024 Newshound Guru Militia Man Iraq has met the required security and stability in country that is needed to be productive and to perform her duties as a nation to her people in a correct and internationally acceptable manner. If she hadn't she wouldn't be where she is now, which is out from under the protection of EO 13303 outside the DFI.
4-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talked a long time about how the national cards we have will be used for all transactions in our country. FRANK: The national cards tell Iraqi citizens that their currency is about to have value, that it's about to go international. The International world would not want anything to do with the toilet paper valued currency. These are the hints. These are the telltale signs that they are are re-denominating and a new exchange rate is at your doorstep...
4-14-2024 Newshound Guru Samson Article: "Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects"
4-14-2024 Newshound/Intel Guru Mnt Goat the TRUTH finally coming out in the Iraq news. We don’t have to guess, it’s in all the news channels from Iraq now. Yes, the Iraqi dinar and the future revaluation of it is on the agenda for the April 15th visit of the Iraqi prime minister Al-Sudani to Washington, DC...The next stop is the in-country rate if all goes well that we should expect shortly after Al-Sudani’s return from Washington DC. We then know the rest of the process and what happens next…We can almost see the finish line as the train is about to come around the bend.
4-14-2024 Newshound Guru Paulette Article quote: "Two Iraqi and American sources said that Prime Minister Muhammad Shiaa Al-Sudani will spend a week in the United States, including discussions with President Joe Biden, and a tour of 3 states." Will one State be Florida???? Mar-a-Lago???
4-14-2024 Newshound Guru Clare Article: "Al-Sudani: Meeting with Biden is an opportunity to put the two countries’ partnership on a new basis and expand relations" Quote: "Prime Minister Muhammad Shiaa Al-Sudani saw the meeting he will have with US President Joe Biden during his visit to Washington next Monday as an opportunity to put the US-Iraqi partnership on a new and more sustainable basis.”
4-14-2024 Newshound Guru Samson Article ”The prime minister’s visit to Washington. Activating the economic partnership is one of the sectors of the Strategic Framework Agreement"
4-14-2024 Newshound Guru Militia Man Al-Sudani was supposed to be in Washington on the 15, well it sounds like he's arrived and it sounds like he has the Central Bank delegation with him and it sounds like Al-Alaq is with him which would be a really good thing...They said he was going to be here on the 15th, it turns out he's early which is phenomenal...
4-14-204 Newshound/Intel Guru Frank26 Suadni got on the airplane when you guys were asleep and went to Washington. But here's the thing, Sudani left with an entourage the size of about I think 3 airplanes or more. Sudani is going with an amazing group of people...his whole cabinet...board of directors from the CBI, every important person ever part of their monetary reform process. They are all going...He's going for a week. Sudani is going to see Biden for one hour and the other 6 days and 23 hours are going to be spend on the reforms of Iraq.
4-14-2024 Intel Guru MarkZ [via PDK] Question "When do you think the RV will happen?" I think we are on the precipice and almost there. …and we should see (bare minimum) Iraq with a new value sometime in the month of April …This is just based on a gut feeling and information we see coming in.
4-14-2024 Newshound Guru Pimpy The more they get their sovereignty back, they're already on the Swift system, they're working their way through the World Trade Organization, it's just a matter of time before they remove all restrictions and we can start buying them [Iraqi dinars] through the banks again...
4-14-2024 Guru Newshound Deepwoodz Sudani has a very long statement out today and there are no plans of America leaving... Furthermore, I have a feeling that although Sudani has the well being of his people in mind concerning the exchange rate, O’biden has his eyes on the dinar in our treasury. It’s a win win. No horse trading needed.
4-14-2024 Newshound Guru Militia Man Iraq has met the required security and stability in country that is needed to be productive and to perform her duties as a nation to her people in a correct and internationally acceptable manner. If she hadn't she wouldn't be where she is now, which is out from under the protection of EO 13303 outside the DFI.
4-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talked a long time about how the national cards we have will be used for all transactions in our country. FRANK: The national cards tell Iraqi citizens that their currency is about to have value, that it's about to go international. The International world would not want anything to do with the toilet paper valued currency. These are the hints. These are the telltale signs that they are are re-denominating and a new exchange rate is at your doorstep...
4-14-2024 Newshound Guru Samson Article: "Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects"
4-14-2024 Newshound/Intel Guru Mnt Goat the TRUTH finally coming out in the Iraq news. We don’t have to guess, it’s in all the news channels from Iraq now. Yes, the Iraqi dinar and the future revaluation of it is on the agenda for the April 15th visit of the Iraqi prime minister Al-Sudani to Washington, DC...The next stop is the in-country rate if all goes well that we should expect shortly after Al-Sudani’s return from Washington DC. We then know the rest of the process and what happens next…We can almost see the finish line as the train is about to come around the bend.
4-14-2024 Newshound Guru Paulette Article quote: "Two Iraqi and American sources said that Prime Minister Muhammad Shiaa Al-Sudani will spend a week in the United States, including discussions with President Joe Biden, and a tour of 3 states." Will one State be Florida???? Mar-a-Lago???
4-14-2024 Newshound Guru Clare Article: "Al-Sudani: Meeting with Biden is an opportunity to put the two countries’ partnership on a new basis and expand relations" Quote: "Prime Minister Muhammad Shiaa Al-Sudani saw the meeting he will have with US President Joe Biden during his visit to Washington next Monday as an opportunity to put the US-Iraqi partnership on a new and more sustainable basis.”
4-14-2024 Newshound Guru Samson Article ”The prime minister’s visit to Washington. Activating the economic partnership is one of the sectors of the Strategic Framework Agreement"
4-14-2024 Newshound Guru Militia Man Al-Sudani was supposed to be in Washington on the 15, well it sounds like he's arrived and it sounds like he has the Central Bank delegation with him and it sounds like Al-Alaq is with him which would be a really good thing...They said he was going to be here on the 15th, it turns out he's early which is phenomenal...
4-14-204 Newshound/Intel Guru Frank26 Suadni got on the airplane when you guys were asleep and went to Washington. But here's the thing, Sudani left with an entourage the size of about I think 3 airplanes or more. Sudani is going with an amazing group of people...his whole cabinet...board of directors from the CBI, every important person ever part of their monetary reform process. They are all going...He's going for a week. Sudani is going to see Biden for one hour and the other 6 days and 23 hours are going to be spend on the reforms of Iraq.
4-14-2024 Intel Guru MarkZ [via PDK] Question "When do you think the RV will happen?" I think we are on the precipice and almost there. …and we should see (bare minimum) Iraq with a new value sometime in the month of April …This is just based on a gut feeling and information we see coming in.
4-13-204 Newshound/Intel Guru Frank26 If you don't like what they [Chase Bank] have got, then go somewhere else...And when you go somewhere else you already studied the bank...vetted...looked at their portfolio...know their officers...know their structure...know how they're going to take care of your money...invest your money right? If you say no to any of those questions you're in trouble because the leeches and parasites...vultures sense you, once the sharks know that there's chum in the water, they're going to circle you. They're going to tear you apart. 'Hey, MC Hammer...You Can't Touch This. You can't touch my money Frank.' How much money do you have? $200 million...How much you have now? Nothing...[this] is the situation we will be facing very soon. You're going to be attacked...You don't like Chase, make sure you check out where you're going carefully...
4-13-2024 Newshound Guru Militia Man We know Al-Sudani is gearing to come to the United States on or around the 15th. Today we see he's ready to spend about a week in the Untied States. His saying about a week in the United States is a big deal because that's a long time. He's bringing...senior representatives from the Central Bank of Iraq...They're going to be talking with the United States Treasury...
4-13-2024 Newshound Guru Clare Article "Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda" Quote "The Iraqi government source confirmed to the 964 network that Al-Sudani will hold meetings with businessmen, and will be accompanied by Iraqi bank officials...The Sudanese visit lasts a week and includes 3 American states."
4-13-2024 Newshound Guru Samson Article ”Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda"
4-13-204 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about our international debt going from trillions to billions... FRANK: That is the definition of lifting the three zeros...It's that simple...Going from trillions to billions - how? 'We already told you, we're lifting the three zeros from our exchange rate.' Why? 'Because we're re-denominating our currency.' How? 'By bringing out lower notes and getting rid of the three zero notes... ' Why? 'Because we suffered enough.'
4-13-2024 Newshound Guru Pimpy My gut feeling is they're going to re-denominate and then change the exchange rate right after that to where it should be, somewhere around $3 and something cents per dinar. I've got 5 million. If it goes to $3 and something, I made $15,000. I'm a happy camper with that. It's better than not having anything. I understand for a lot of you you're like, 'No. No. NO. that's not good because that's not what I had in mind.' And I'm sorry but you're asking me my opinion. That is my opinion. They will re-denominate the currency, LOP off the zeros - your 25,000 dinar will become 25 and then they'll reinstate the old rate...
4-13-2024 Newshound Guru Militia Man There are so many indicators now that show Iraq is heading into the global stage and is setting the stage in many ways...
4-13-204 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani say the meeting with Biden will put our reconstruction on a whole new basis. FRANK: The only reason the economic reform is going to be on a whole new basis...successful, is because the monetary reform was successful.
4-13-2024 Newshound Guru Clare From X/Twitter: Iraqi Prime Minister's Office account. Prime Minister, Mr. Muhammad Shiaa Al-Sudani, leaves the capital, Baghdad, heading to the United States of America, at the head of a government and parliamentary delegation and representatives of the private sector, at the beginning of an official visit at the invitation of US President Joseph Biden.
4-13-2024 Intel Guru MarkZ [via PDK] Community comment "Sudani looks to be coming to the US on the 15th..." I think it more likely to happen toward the tail end of the 22nd to see our new rate. But Iraqi contacts think Sudani is going to announce it in Iraq before he heads to the US on the 15th…. I hope they are right and I am wrong.
4-13-2024 Newshound/Intel Guru Mnt Goat Article Quote: “Approximately 1,000 ATMs will be installed across all provinces, districts, and areas of the Kurdistan Region of Iraq (KRG) by the end of 2024” We have been told years ago that the ATMs are pivotal to the Project to Delete the Zeros... good news!
4-13-2024 Newshound Guru Militia Man We know Al-Sudani is gearing to come to the United States on or around the 15th. Today we see he's ready to spend about a week in the Untied States. His saying about a week in the United States is a big deal because that's a long time. He's bringing...senior representatives from the Central Bank of Iraq...They're going to be talking with the United States Treasury...
4-13-2024 Newshound Guru Clare Article "Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda" Quote "The Iraqi government source confirmed to the 964 network that Al-Sudani will hold meetings with businessmen, and will be accompanied by Iraqi bank officials...The Sudanese visit lasts a week and includes 3 American states."
4-13-2024 Newshound Guru Samson Article ”Bankers excited to meet the Treasury Al-Sudani will stay in America for a week.. A source from Baghdad and another from Washington reveal the agenda"
4-13-204 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about our international debt going from trillions to billions... FRANK: That is the definition of lifting the three zeros...It's that simple...Going from trillions to billions - how? 'We already told you, we're lifting the three zeros from our exchange rate.' Why? 'Because we're re-denominating our currency.' How? 'By bringing out lower notes and getting rid of the three zero notes... ' Why? 'Because we suffered enough.'
4-13-2024 Newshound Guru Pimpy My gut feeling is they're going to re-denominate and then change the exchange rate right after that to where it should be, somewhere around $3 and something cents per dinar. I've got 5 million. If it goes to $3 and something, I made $15,000. I'm a happy camper with that. It's better than not having anything. I understand for a lot of you you're like, 'No. No. NO. that's not good because that's not what I had in mind.' And I'm sorry but you're asking me my opinion. That is my opinion. They will re-denominate the currency, LOP off the zeros - your 25,000 dinar will become 25 and then they'll reinstate the old rate...
4-13-2024 Newshound Guru Militia Man There are so many indicators now that show Iraq is heading into the global stage and is setting the stage in many ways...
4-13-204 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani say the meeting with Biden will put our reconstruction on a whole new basis. FRANK: The only reason the economic reform is going to be on a whole new basis...successful, is because the monetary reform was successful.
4-13-2024 Newshound Guru Clare From X/Twitter: Iraqi Prime Minister's Office account. Prime Minister, Mr. Muhammad Shiaa Al-Sudani, leaves the capital, Baghdad, heading to the United States of America, at the head of a government and parliamentary delegation and representatives of the private sector, at the beginning of an official visit at the invitation of US President Joseph Biden.
4-13-2024 Intel Guru MarkZ [via PDK] Community comment "Sudani looks to be coming to the US on the 15th..." I think it more likely to happen toward the tail end of the 22nd to see our new rate. But Iraqi contacts think Sudani is going to announce it in Iraq before he heads to the US on the 15th…. I hope they are right and I am wrong.
4-13-2024 Newshound/Intel Guru Mnt Goat Article Quote: “Approximately 1,000 ATMs will be installed across all provinces, districts, and areas of the Kurdistan Region of Iraq (KRG) by the end of 2024” We have been told years ago that the ATMs are pivotal to the Project to Delete the Zeros... good news!
4-12-2024 Newshound Guru Clare Article "Al-Sudani to American companies: The current stability in Iraq is encouraging for you to engage in development projects"
4-12-2024 Newshound Guru Breitling The dinar is real. The opportunity is real. I know you have to have an atomic, almost God like patience. I'm just like everybody else, can't wait for them to add value to it. But it is real. I think people who stick with it are going to benefit from it, 100%. It is real and it will come.
4-12-204 Newshound/Intel Guru Frank26 I told you there are four banks [for exchange]. I told you the echelon...What was the first bank? Bank of America. What's the second bank? [JP Morgan Chase Bank]...
4-12-2024 Newshound Guru Sandy Ingram Oil has risen to over $90 a barrel...OPEC is cornering itself into position of oil profits by reducing the amount of oil available...
4-12-2024 Newshound Guru Pimpy Nearly everybody [In Iraq] earns less than $2,500/month. 75% of the population makes less than $770/month. 50% of them earn $540/month or less. And 25% of them earn less than $400/month. This is your average monthly salaries over there in Iraq...Labor over there is cheap.
4-12-2024 Newshound Guru Clare Article "THE DOLLAR IS ON THE SUDANESE DIALOGUE TABLE IN WASHINGTON.. AL-AWADI TALKS ABOUT THE FUTURE OF THE IRAQI DINAR" Quote "the dollar file and the work of banks will be strongly present during the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington, suggesting that the dinar’s situation in the future will be better."
4-12-2024 Newshound Guru Militia Man The Iraq stage is clearly set for Al-Sudani to come to the USA...His achievements to date are phenomenal in totality! The DFI funds / funding having been the legal basis for depositing oil revenues in the new "IRAQ2" account with the Federal Reserve Bank in New York, "is the expiration of EO 13303", which granted Iraq the ability for her funds to be deposited in an account to be protected with legal authority, and to be where they are now.
4-12-2024 Newshound Guru Samson Article "THE DOLLAR IS ON THE SUDANESE DIALOGUE TABLE IN WASHINGTON ... AL-AWADI TALKS ABOUT THE FUTURE OF THE IRAQI DINAR"
4-12-2024 Newshound Guru Pimpy There still seems to be some major confusion about what a real effective exchange rate is versus an actual nominal exchange rate...A Real Effective Exchange Rate is for assessing its trade capabilities...an increase in the nations REER is an indication that the exports are becoming more expensive and its imports are becoming cheaper. It is losing its trade competitiveness. So the REER is used to check out its competitiveness with other trade partners. That's it...It's not the same thing as a nominal exchange rate...
4-12-204 Newshound/Intel Guru Frank26 Iraq is a sovereign nation now with a sovereign currency. Therefore IMO Sudani goes to Washington to deal with Monetary Reform and banking advancement...Billions and billions are retuning to Iraq. It's an incredible amount of money that's coming back. It'll [DFI?] probably come back to them now or after the 15th when Sudani comes back.
4-12-2024 Intel Guru MarkZ [via PDK] Iraq now has full control of its funds and one of the requirements now that it has control of its funds...to pay back the United States. It cannot do that at a rate of 1310. But it can easily do it with a value change. I believe the next 10-11 days are going to be huge.
4-12-2024 Newshound Guru Breitling The dinar is real. The opportunity is real. I know you have to have an atomic, almost God like patience. I'm just like everybody else, can't wait for them to add value to it. But it is real. I think people who stick with it are going to benefit from it, 100%. It is real and it will come.
4-12-204 Newshound/Intel Guru Frank26 I told you there are four banks [for exchange]. I told you the echelon...What was the first bank? Bank of America. What's the second bank? [JP Morgan Chase Bank]...
4-12-2024 Newshound Guru Sandy Ingram Oil has risen to over $90 a barrel...OPEC is cornering itself into position of oil profits by reducing the amount of oil available...
4-12-2024 Newshound Guru Pimpy Nearly everybody [In Iraq] earns less than $2,500/month. 75% of the population makes less than $770/month. 50% of them earn $540/month or less. And 25% of them earn less than $400/month. This is your average monthly salaries over there in Iraq...Labor over there is cheap.
4-12-2024 Newshound Guru Clare Article "THE DOLLAR IS ON THE SUDANESE DIALOGUE TABLE IN WASHINGTON.. AL-AWADI TALKS ABOUT THE FUTURE OF THE IRAQI DINAR" Quote "the dollar file and the work of banks will be strongly present during the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington, suggesting that the dinar’s situation in the future will be better."
4-12-2024 Newshound Guru Militia Man The Iraq stage is clearly set for Al-Sudani to come to the USA...His achievements to date are phenomenal in totality! The DFI funds / funding having been the legal basis for depositing oil revenues in the new "IRAQ2" account with the Federal Reserve Bank in New York, "is the expiration of EO 13303", which granted Iraq the ability for her funds to be deposited in an account to be protected with legal authority, and to be where they are now.
4-12-2024 Newshound Guru Samson Article "THE DOLLAR IS ON THE SUDANESE DIALOGUE TABLE IN WASHINGTON ... AL-AWADI TALKS ABOUT THE FUTURE OF THE IRAQI DINAR"
4-12-2024 Newshound Guru Pimpy There still seems to be some major confusion about what a real effective exchange rate is versus an actual nominal exchange rate...A Real Effective Exchange Rate is for assessing its trade capabilities...an increase in the nations REER is an indication that the exports are becoming more expensive and its imports are becoming cheaper. It is losing its trade competitiveness. So the REER is used to check out its competitiveness with other trade partners. That's it...It's not the same thing as a nominal exchange rate...
4-12-204 Newshound/Intel Guru Frank26 Iraq is a sovereign nation now with a sovereign currency. Therefore IMO Sudani goes to Washington to deal with Monetary Reform and banking advancement...Billions and billions are retuning to Iraq. It's an incredible amount of money that's coming back. It'll [DFI?] probably come back to them now or after the 15th when Sudani comes back.
4-12-2024 Intel Guru MarkZ [via PDK] Iraq now has full control of its funds and one of the requirements now that it has control of its funds...to pay back the United States. It cannot do that at a rate of 1310. But it can easily do it with a value change. I believe the next 10-11 days are going to be huge.
4-11-204 Newshound/Intel Guru Frank26 ...We are in the best position possible. We already went to the banks in Ohio. We already opened an account - Checking/Savings whatever you want...Some banks are willing to talk and say a little bit...I respect those banks. The banks that are telling me that, 'No we don't know anything. No, it's a scam. No, it's never going happen.' ...I will never do business with those banks. Never...I'm going to start with Chase...We can go to Well Fargo...
4-11-2024 Newshound Guru Pimpy I read this book [Quest For Good Money]...I kept playing with the numbers, reading my ass off...This is the formula they use [to determine the exchange rate]...The person that wrote the book said if they can get their inflation down, at it is down,...and they can catch up to their dinar price parity...it should be at the pre-war rate...which is over $3.00. So I did the formula based on all the information they gave me, it came out to $3.56...I said wow, that's going to be phenomenal...that is worth getting excited about...The study does tell you that there's no reason Iraq can't be the most valuable currency out there...The question is always going to be whether they re-denominate or not.
4-11-2024 Newshound Guru Sandy Ingram In Zimbabwe, the new currency, Zimbabwe Gold (ZIG) will be circulated alongside foreign currencies. Banks have to convert their current Zimbabwean dollar balances into the new Ziggy currency which will go into effect immediately. People have 21 days to exchange their old notes and coins for new ones. It is expected the new currency will have a profound on inflation...The new currency is anchored by a composite basket of foreign currency and precious metals, mainly gold...The ZIG has denominations between 1 and 200.
4-11-2024 Newshound Guru Militia Man Bottom line is Iraq has about $16 to $17 trillion worth of product in the ground that they know of and they're going to go after it...
4-11-2024 Newshound Guru Clare Article "Disclosure of Iraq's creditors internally and externally" Quote "On April 8, the Iraqi government announced a reduction in external public debt by more than 50%, bringing the debt down from $19.729 billion late. in 2022, to $15.976 billion in 2023, reaching approximately $8.9 billion in the current year."
4-11-2024 Newshound Guru Paulette IMO UN resolution 1483 will have to be lifted to allow Iraq to be totally sovereign as it established the US and UK as "occupying forces"...This is in essence "Guardianship" or "Receivership"...Absent the lifting, the US has to give Iraq permission to do most anything Internationally including "currency reinstatement"...I am hopeful that internal control of the money structure is exclusively in the hands of the CBI so they can at least move to the RD/RV stage of their monetary reform...If not, the upcoming US visit of Sudani may very well be pivotal... Saleh...recently stated he was unsure of the status of 1483 according to news articles...
4-11-2024 Newshound Guru Pimpy There won't be no in-country/out-of-country rate, just not going to happen. If [there's a LOP and] you think you're going to be able to hold the old bank notes with the zeros on there just because you're out of Iraq and...the exchange rate jumps up to a high exchange rate and you think you're going to run down there with your 25,000 and swap it with that exchange rate and get more of a return, you're sadly mistaken...In country 1 to 1 - out of country a $3.86 exchange rate, that's not going to happen. The variance is usually somewhere between 1% to 3%...
4-11-2024 Newshound/Intel Guru Mnt Goat We are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining capital outside the banking system back to the banks that need it desperately for the economy to grow. This second rate change should coincide with the project to delete the zeros.
4-11-2024 Newshound Guru Militia Man Remember when you say Iraq was paying for all of their major construction at 1310 you'll see...payments were able to disperse out of the DFI fund...Food, currency exchange programs, electricity, oil infrastructure programs, equipment for Iraqis, equipment for security forces, civil services, salaries, Ministry of budget operations - that's a broad spectrum...They had a lot of things that they could tap into that oil money revenue stream dollars [DFI}. It wasn't in dinars. Things have changed now...They have a time crunch...Since the DFI has gone into the Iraqi2 Fund you're going to see big changes I'm excited to see...
4-11-204 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about Sudani's trip to Washington. They saying high security and military personnel will accompany him...It looks like we're going to go this time with a completely different exchange rate. FRANK: My hope and prayer is he will talk to you about your new exchange rate because it is time to do so. He has given you every hint...every scenario...every option of why you're about to have a new value to your currency, about why your currency will be more valuable than the American dollar...I am sitting...in great hope he will make an announcement that will add purchasing power to your currency and then go to Washington with that power representing him as the leader of Iraq, a free sovereign nation and not the loser of a program rate country with sanctions upon him.
4-11-2024 Newshound Guru Pimpy I read this book [Quest For Good Money]...I kept playing with the numbers, reading my ass off...This is the formula they use [to determine the exchange rate]...The person that wrote the book said if they can get their inflation down, at it is down,...and they can catch up to their dinar price parity...it should be at the pre-war rate...which is over $3.00. So I did the formula based on all the information they gave me, it came out to $3.56...I said wow, that's going to be phenomenal...that is worth getting excited about...The study does tell you that there's no reason Iraq can't be the most valuable currency out there...The question is always going to be whether they re-denominate or not.
4-11-2024 Newshound Guru Sandy Ingram In Zimbabwe, the new currency, Zimbabwe Gold (ZIG) will be circulated alongside foreign currencies. Banks have to convert their current Zimbabwean dollar balances into the new Ziggy currency which will go into effect immediately. People have 21 days to exchange their old notes and coins for new ones. It is expected the new currency will have a profound on inflation...The new currency is anchored by a composite basket of foreign currency and precious metals, mainly gold...The ZIG has denominations between 1 and 200.
4-11-2024 Newshound Guru Militia Man Bottom line is Iraq has about $16 to $17 trillion worth of product in the ground that they know of and they're going to go after it...
4-11-2024 Newshound Guru Clare Article "Disclosure of Iraq's creditors internally and externally" Quote "On April 8, the Iraqi government announced a reduction in external public debt by more than 50%, bringing the debt down from $19.729 billion late. in 2022, to $15.976 billion in 2023, reaching approximately $8.9 billion in the current year."
4-11-2024 Newshound Guru Paulette IMO UN resolution 1483 will have to be lifted to allow Iraq to be totally sovereign as it established the US and UK as "occupying forces"...This is in essence "Guardianship" or "Receivership"...Absent the lifting, the US has to give Iraq permission to do most anything Internationally including "currency reinstatement"...I am hopeful that internal control of the money structure is exclusively in the hands of the CBI so they can at least move to the RD/RV stage of their monetary reform...If not, the upcoming US visit of Sudani may very well be pivotal... Saleh...recently stated he was unsure of the status of 1483 according to news articles...
4-11-2024 Newshound Guru Pimpy There won't be no in-country/out-of-country rate, just not going to happen. If [there's a LOP and] you think you're going to be able to hold the old bank notes with the zeros on there just because you're out of Iraq and...the exchange rate jumps up to a high exchange rate and you think you're going to run down there with your 25,000 and swap it with that exchange rate and get more of a return, you're sadly mistaken...In country 1 to 1 - out of country a $3.86 exchange rate, that's not going to happen. The variance is usually somewhere between 1% to 3%...
4-11-2024 Newshound/Intel Guru Mnt Goat We are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining capital outside the banking system back to the banks that need it desperately for the economy to grow. This second rate change should coincide with the project to delete the zeros.
4-11-2024 Newshound Guru Militia Man Remember when you say Iraq was paying for all of their major construction at 1310 you'll see...payments were able to disperse out of the DFI fund...Food, currency exchange programs, electricity, oil infrastructure programs, equipment for Iraqis, equipment for security forces, civil services, salaries, Ministry of budget operations - that's a broad spectrum...They had a lot of things that they could tap into that oil money revenue stream dollars [DFI}. It wasn't in dinars. Things have changed now...They have a time crunch...Since the DFI has gone into the Iraqi2 Fund you're going to see big changes I'm excited to see...
4-11-204 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about Sudani's trip to Washington. They saying high security and military personnel will accompany him...It looks like we're going to go this time with a completely different exchange rate. FRANK: My hope and prayer is he will talk to you about your new exchange rate because it is time to do so. He has given you every hint...every scenario...every option of why you're about to have a new value to your currency, about why your currency will be more valuable than the American dollar...I am sitting...in great hope he will make an announcement that will add purchasing power to your currency and then go to Washington with that power representing him as the leader of Iraq, a free sovereign nation and not the loser of a program rate country with sanctions upon him.
4-10-2024 Newshound Guru Pimpy The average dinar holder only holds 250,000 dinars...
4-10-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ ANNOUNCES THAT IT IS CLOSE TO PRODUCING 5 MILLION BARRELS PER DAY" ...they are announcing that it is close to 5 million barrels per day. Oh… but the dinar is still at 1/6 of a penny? It is like they are ignoring the oil assets already on hand in determining the rate of the dinar. Even before the 1991 invasion they were producing 2.5 million barrels per day and the dinar was around $3.22. Now they are producing twice as much oil. So what’s going on here? ...The US is playing a game with Iraq and the IQD and most importantly...It’s people are suffering from it the most. War sanctions are over and its time to give them back their currency along with their dignity.
4-10-2024 Intel Guru MarkZ [via PDK] Question: Where will redemption
centers be? MarkZ: I have been told this over and over that the majority of the US - 90% of us will have a RC within 50 miles of where we live. The only people who may have a longer drive are those in rural areas…low populations like the Dakotas and Wyo…They will not release exact locations before the event starts for security.
4-10-2024 Newshound Guru Clare Article "Two Iraqi fintechs listed in Forbes’ Top 50 Fintechs in the Middle East" Quote "Iraq Wallet (ZainCash Iraq) and NEO Pay Iraq, have secured coveted spots among Forbes’ Top 50 Fintech Companies in the Middle East, demonstrating evidence of the financial technology sector in Iraq’s rapidly developing creativity. Iraq Wallet (ZainCash Iraq) came in at number 6 in the region, while NEO Pay Iraq came in at number 35 in the Middle East."
4-10-2024 Newshound Guru Pimpy Question "Do you think Iraq's government is sovereign?" To some degree yeah, but no. If that were the case Iraq wouldn't have to keep sending their budget over to us to get it approved. They would stand on their own feet.
4-10-2024 Intel Guru Frank26 Do you think the world is interested in the monetary reform? No, you are. You are such a small populous. The amount of people that have dinars as an investment is minuscule. The CBI doesn't care about you having dinars. They care about countries that have dinars in their reserves. You're talking billions. That's serious money...It's not the contracts, businesses, companies that are excited about the monetary reform like you are. No, they're excited about the economic reform because that's where they're going to make money. If the economic reform is not successful they know they're screwed.
4-10-2024 Newshound Guru Militia Man Article quote "Al Sudani uttered a very important phrase, 'keep the dinar...I bear witness that the Iraqi dinar will return to its lofty economic value as it was'..." Lofty economic value is not 1310. It's not 1159. It's not 1182 or 1160 or any of those number. It's back to previous era like they said. They shut this thing down at...$3.22...The true value from the IMF...estimates were about $2.80. Those are their words not mine and in print...They can support it...Remember, Iraq was at $35 a barrel of oil. It's $85 right now. Then add in all the extra revenue streams that we know of...They're massive and they're just going to keep growing.
4-10-2024 Newshound Guru Pimpy People have been asking about how much dinar does the International Monetary Fund hold...or World Bank...or World Trade Organization or US Treasury...There is no proof in writing anywhere that the United States is holding any Iraqi dinar. Yes there could be some Iraqi dinar being held in our foreign reserves but it's not 4 trillion...Google it, go on any website, go anywhere and see if you could find if these organizations are invested into currencies or any other investments whatsoever...you're not going to find it. That's not what they do...They don't hold the Iraqi dinar. That's not what they do.
4-10-2024 Intel Guru Frank26 To release executive order 13303 IMO was the domino effect that also released the DFI funds...IMO the currency exchange of the Iraqi dinar is under the DFI fund. Executive order 13303 has not been resigned therefore the DFI fund is free to be returned, therefore Iraq needs to protect those funds with a new exchange rate...To not see Biden resign this executive order it means to me the monetary reform/new exchange rate is free as a bird to be exposed, to come out for the citizens to use to add purchasing power to their currency.
4-10-2024 Newshound Guru NORV [aka Kaperoni] They will also have to use dinar to pay for goods and services which will make the dinar internationally traded...they want the banks and Iraq to establish relationships around the world with International standards and full compliance which means that means IMF Article XIV...This seems pretty clear and excellent news. We very well see that Iraqi dinar float on the global market at the end of this year or early next year...I think it's very promising...it definitely is very good news. [Post 2 of 2]
4-10-2024 Newshound Guru NORV [aka Kaperoni] Article: "Advisor to the Association of Banks: The Central Bank is following a consistent approach to achieving banking reform" Quote: "the management of the Central Bank of Iraq plans to gradually cancel the window for selling foreign currency during the year 2024, until it leaves it completely." ...this is huge news... Iraq cannot end the auctions unless they have an alternative to the auctions... which means they plan to float the dinar by the end of the year...floating the dinar will give them a new mechanism to maintain the dinar, the CBI will buy and sell blocks of dinar like other central banks do to maintain their currency... [Post 1 of 2....stay tuned]
4-10-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ ANNOUNCES THAT IT IS CLOSE TO PRODUCING 5 MILLION BARRELS PER DAY" ...they are announcing that it is close to 5 million barrels per day. Oh… but the dinar is still at 1/6 of a penny? It is like they are ignoring the oil assets already on hand in determining the rate of the dinar. Even before the 1991 invasion they were producing 2.5 million barrels per day and the dinar was around $3.22. Now they are producing twice as much oil. So what’s going on here? ...The US is playing a game with Iraq and the IQD and most importantly...It’s people are suffering from it the most. War sanctions are over and its time to give them back their currency along with their dignity.
4-10-2024 Intel Guru MarkZ [via PDK] Question: Where will redemption
centers be? MarkZ: I have been told this over and over that the majority of the US - 90% of us will have a RC within 50 miles of where we live. The only people who may have a longer drive are those in rural areas…low populations like the Dakotas and Wyo…They will not release exact locations before the event starts for security.
4-10-2024 Newshound Guru Clare Article "Two Iraqi fintechs listed in Forbes’ Top 50 Fintechs in the Middle East" Quote "Iraq Wallet (ZainCash Iraq) and NEO Pay Iraq, have secured coveted spots among Forbes’ Top 50 Fintech Companies in the Middle East, demonstrating evidence of the financial technology sector in Iraq’s rapidly developing creativity. Iraq Wallet (ZainCash Iraq) came in at number 6 in the region, while NEO Pay Iraq came in at number 35 in the Middle East."
4-10-2024 Newshound Guru Pimpy Question "Do you think Iraq's government is sovereign?" To some degree yeah, but no. If that were the case Iraq wouldn't have to keep sending their budget over to us to get it approved. They would stand on their own feet.
4-10-2024 Intel Guru Frank26 Do you think the world is interested in the monetary reform? No, you are. You are such a small populous. The amount of people that have dinars as an investment is minuscule. The CBI doesn't care about you having dinars. They care about countries that have dinars in their reserves. You're talking billions. That's serious money...It's not the contracts, businesses, companies that are excited about the monetary reform like you are. No, they're excited about the economic reform because that's where they're going to make money. If the economic reform is not successful they know they're screwed.
4-10-2024 Newshound Guru Militia Man Article quote "Al Sudani uttered a very important phrase, 'keep the dinar...I bear witness that the Iraqi dinar will return to its lofty economic value as it was'..." Lofty economic value is not 1310. It's not 1159. It's not 1182 or 1160 or any of those number. It's back to previous era like they said. They shut this thing down at...$3.22...The true value from the IMF...estimates were about $2.80. Those are their words not mine and in print...They can support it...Remember, Iraq was at $35 a barrel of oil. It's $85 right now. Then add in all the extra revenue streams that we know of...They're massive and they're just going to keep growing.
4-10-2024 Newshound Guru Pimpy People have been asking about how much dinar does the International Monetary Fund hold...or World Bank...or World Trade Organization or US Treasury...There is no proof in writing anywhere that the United States is holding any Iraqi dinar. Yes there could be some Iraqi dinar being held in our foreign reserves but it's not 4 trillion...Google it, go on any website, go anywhere and see if you could find if these organizations are invested into currencies or any other investments whatsoever...you're not going to find it. That's not what they do...They don't hold the Iraqi dinar. That's not what they do.
4-10-2024 Intel Guru Frank26 To release executive order 13303 IMO was the domino effect that also released the DFI funds...IMO the currency exchange of the Iraqi dinar is under the DFI fund. Executive order 13303 has not been resigned therefore the DFI fund is free to be returned, therefore Iraq needs to protect those funds with a new exchange rate...To not see Biden resign this executive order it means to me the monetary reform/new exchange rate is free as a bird to be exposed, to come out for the citizens to use to add purchasing power to their currency.
4-10-2024 Newshound Guru NORV [aka Kaperoni] They will also have to use dinar to pay for goods and services which will make the dinar internationally traded...they want the banks and Iraq to establish relationships around the world with International standards and full compliance which means that means IMF Article XIV...This seems pretty clear and excellent news. We very well see that Iraqi dinar float on the global market at the end of this year or early next year...I think it's very promising...it definitely is very good news. [Post 2 of 2]
4-10-2024 Newshound Guru NORV [aka Kaperoni] Article: "Advisor to the Association of Banks: The Central Bank is following a consistent approach to achieving banking reform" Quote: "the management of the Central Bank of Iraq plans to gradually cancel the window for selling foreign currency during the year 2024, until it leaves it completely." ...this is huge news... Iraq cannot end the auctions unless they have an alternative to the auctions... which means they plan to float the dinar by the end of the year...floating the dinar will give them a new mechanism to maintain the dinar, the CBI will buy and sell blocks of dinar like other central banks do to maintain their currency... [Post 1 of 2....stay tuned]
4-9-2024 Intel Guru Frank26 The reason why Sudani is going to Washington is about the monetary reform. End of story.
4-9-2024 Newshound Guru Militia Man Article: "Dinar and dollar" This piece was from March 4th, 2024 and is redone again fresh today. By stating they are going to overthrow the dollar very soon will be making it hard for the citizens to want to let their dinar go. Al-Sudani stated as we noted before to keep the dinar, as it will return to its lofty economic value, as it was before. From, what we know, there is a lot of issues on the table that are exchange rate oriented. This is a good sign.. imo. They are not letting the idea or the expectations of increased value to the dinar go away.
4-9-2024 Newshound Guru Pimpy For those of you thinking that all of a sudden some 'Real Effective Exchange Rate" is coming along and then all of a sudden the value of the dinar is going change, that's not what they're talking about. The one we're looking for any changes to happen to would be the 'Official Exchange Rate'...
4-9-2024 Intel Guru MarkZ [via PDK] I do have one Iraqi contact that is convinced we are in a day or two. I think he may be premature…but he is convinced it is this week. He does work in the Iraqi government so he may know more than I do. I am hoping he does. But I am keeping an eye on it.
4-9-2024 Newshound Guru Sandy Ingram The upcoming visit by the Iraqi Prime minister to Washington DC is a significant event packed with potential and fraught with challenges. The meeting is expected to address a range of issues from the fight against the Islamic State...to Iraqi financial reforms... As the clock ticks down to April 15, the world watches with bated breath. Will this be the turning point that ushers in a new era of cooperation between the United States and Iraq? Time as they say will tell.
4-9-2024 Intel Guru Frank26 Executive order 13303 was not resigned therefore Iraq is now completely free. They are totally sovereign. They are a sovereign country with the total sovereign right to do anything they want with their banking structure...currency...currency notes...exchange rate. They have the prerogative to do so.
4-9-2024 Intel Guru MarkZ [via PDK] I heard there will be more activity from Redemption banks for later this month as they are getting some last minute instructions... They even used the term “Last minute instructions” So I take that as a very good sign. I am hopeful we are in the last few days or weeks at worse….
4-9-2024 Newshound Guru Clare Article: "The Central Bank is preparing a report to lift the ban on 28 Iraqi banks"
4-9-2024 Newshound Guru Militia Man Iraq is getting ready to go international and they are going to become a powerhouse in the world because they have a lot of value. They have a a lot of assets. They have natural resources to the extent...they're 1st, 2nd, 5th, 10th in the world of having the biggest deposits in the world. They also have one of the youngest populations and growing populations...The WTO and the World Customs Organization are probably chomping at the bit waiting for Iraq to do what? Give themselves a Real Effective Exchange Rate and to move forward...
4-9-2024 Newshound Guru Pimpy You guys are still saying the LOP and the deletion of the zeros are two separate things. It's the same damn thing...LOP, the deletion or the zeros, the removing of the zeros, the reducing of the zeros are the same thing. It's called a re-denomination...When a country re-denominates the old currency is no longer any good...
4-9-2024 Intel Guru Frank26 From the 9th to the 13th I consider that to be a very serious study window for us to pay attention.
4-9-2024 Intel Guru MarkZ [via PDK] A big thing that just happened is the reopening of the pipeline between Iraq and Turkey. They say it can handle an unlimited amount of oil. This is huge for the amount of oil they are exporting. This means more money for their currency.
4-9-2024 Newshound/Intel Guru Mnt Goat Does Iraq need the Oil and Gas law in place prior to the RV? I have to tell you that there is nothing in the 2011 Dr Shabibi plan that tells us it does. Remember back in 2012-2013 he had signoffs from everyone and was moving forward. Did they have the Oil and Gas Law passed. Of course not. So, I believe anything is possible.
4-9-2024 Newshound Guru Militia Man Article: "Dinar and dollar" This piece was from March 4th, 2024 and is redone again fresh today. By stating they are going to overthrow the dollar very soon will be making it hard for the citizens to want to let their dinar go. Al-Sudani stated as we noted before to keep the dinar, as it will return to its lofty economic value, as it was before. From, what we know, there is a lot of issues on the table that are exchange rate oriented. This is a good sign.. imo. They are not letting the idea or the expectations of increased value to the dinar go away.
4-9-2024 Newshound Guru Pimpy For those of you thinking that all of a sudden some 'Real Effective Exchange Rate" is coming along and then all of a sudden the value of the dinar is going change, that's not what they're talking about. The one we're looking for any changes to happen to would be the 'Official Exchange Rate'...
4-9-2024 Intel Guru MarkZ [via PDK] I do have one Iraqi contact that is convinced we are in a day or two. I think he may be premature…but he is convinced it is this week. He does work in the Iraqi government so he may know more than I do. I am hoping he does. But I am keeping an eye on it.
4-9-2024 Newshound Guru Sandy Ingram The upcoming visit by the Iraqi Prime minister to Washington DC is a significant event packed with potential and fraught with challenges. The meeting is expected to address a range of issues from the fight against the Islamic State...to Iraqi financial reforms... As the clock ticks down to April 15, the world watches with bated breath. Will this be the turning point that ushers in a new era of cooperation between the United States and Iraq? Time as they say will tell.
4-9-2024 Intel Guru Frank26 Executive order 13303 was not resigned therefore Iraq is now completely free. They are totally sovereign. They are a sovereign country with the total sovereign right to do anything they want with their banking structure...currency...currency notes...exchange rate. They have the prerogative to do so.
4-9-2024 Intel Guru MarkZ [via PDK] I heard there will be more activity from Redemption banks for later this month as they are getting some last minute instructions... They even used the term “Last minute instructions” So I take that as a very good sign. I am hopeful we are in the last few days or weeks at worse….
4-9-2024 Newshound Guru Clare Article: "The Central Bank is preparing a report to lift the ban on 28 Iraqi banks"
4-9-2024 Newshound Guru Militia Man Iraq is getting ready to go international and they are going to become a powerhouse in the world because they have a lot of value. They have a a lot of assets. They have natural resources to the extent...they're 1st, 2nd, 5th, 10th in the world of having the biggest deposits in the world. They also have one of the youngest populations and growing populations...The WTO and the World Customs Organization are probably chomping at the bit waiting for Iraq to do what? Give themselves a Real Effective Exchange Rate and to move forward...
4-9-2024 Newshound Guru Pimpy You guys are still saying the LOP and the deletion of the zeros are two separate things. It's the same damn thing...LOP, the deletion or the zeros, the removing of the zeros, the reducing of the zeros are the same thing. It's called a re-denomination...When a country re-denominates the old currency is no longer any good...
4-9-2024 Intel Guru Frank26 From the 9th to the 13th I consider that to be a very serious study window for us to pay attention.
4-9-2024 Intel Guru MarkZ [via PDK] A big thing that just happened is the reopening of the pipeline between Iraq and Turkey. They say it can handle an unlimited amount of oil. This is huge for the amount of oil they are exporting. This means more money for their currency.
4-9-2024 Newshound/Intel Guru Mnt Goat Does Iraq need the Oil and Gas law in place prior to the RV? I have to tell you that there is nothing in the 2011 Dr Shabibi plan that tells us it does. Remember back in 2012-2013 he had signoffs from everyone and was moving forward. Did they have the Oil and Gas Law passed. Of course not. So, I believe anything is possible.
4-8-2024 Newshound Guru Sandy Ingram Zimbabwe has a new structured currency...People will have 21 days from Friday April 5th to exchange their currency for the new structured currency...[We] were always concerned Iraq would use this same process to eliminate the millions of Iraqi dinar banknotes outside the country. If this were Iraq and not Zimbabwe, you would only have 21 days to exchange the currency within Iraq.
4-8-2024 Newshound Guru Pimpy Iraq is transforming in a very quick and powerful way is great news...The fact they're able to accomplish all these projects and there are a lot of huge projects being accomplished somehow with an exchange rate of 1320...
4-8-2024 Intel Guru MarkZ [via PDK] Question: Do you think things have started? MarkZ: After this week I have no doubts that things have started. And are well underway. I think we are in the rollout process right now.
4-8-2024 Newshound Guru Militia Man Al-Sudani is coming to America and hopefully coming home that he has accomplished everything in Iraq's favor as a whole. So give or take, whether it's before he comes home or after he comes home Iraq is going to be whole. That means everything is in Iraq's cards...they have the ability to be sovereign again. That's what we're waiting for.
4-8-2024 Intel Guru Frank26 Question: "How long do you think we'll have to exchange IYO?" I don't know. Normally they give you anywhere from 6 months to about a year.
4-8-2024 Newshound/Intel Guru Fnu Lnu Iraq is worth far more than 16 trillion dollars and there is far less than 80 trillion in circulation...To espouse such inciting commentary [against this]...negates everything Dr. Shabibi has stated and everything the CBI and GOI have stated. The Dinar was worth $3.22 pre-sanctions and at that time all they had was oil at $32 dollars a barrel...
4-8-2024 Newshound Guru Clare Article: "Office of Mr. Al-Sistani: It is expected that Wednesday will be the first day of Eid Al-Fitr” Quote: “The office’s forecasts for the crescent times for the Hijri months indicated the possibility of seeing the crescent of Shawwal tomorrow, Tuesday, so that Wednesday will be the first day of Eid al-Fitr.”
4-8-2024 Newshound Guru Sandy Ingram Iraq's prime minister will be in Washington, DC in less than 8 days to meet with President Biden.
4-8-2024 Newshound Guru Pimpy There seems to still be some confusion about the official exchange rate versus the real effective exchange rate... comments like "When they get to the real effective exchange rate" or When they switch to the real effective exchange rate." Or "When they use the real effective exchange rate"...This is confusing...what a real effective exchange rate is...An official exchange rate is at which country's currency can be exchanged for another country's' currency...Real Effective Exchange Rate is a broader measure that takes into account not just one bilateral exchange rate but a weighted average of a country's currency against the basket of it's major trading partners...Iraq already reports the effective exchange rate...It's already there...you don't have to wait for the real effective exchange rate to come popping up, it's already being used...
4-8-2024 Newshound Guru Militia Man We're watching Iraq go international. It's an interesting study. It's fascinating...Iraq is coming up...Iraq is moving in the a direction to go international and it's phenomenal.
4-8-2024 Newshound/Intel Gurus Walkingstick and Frank26 This monetary reform is right in front of your face. It's at your doorstep. I envision being at the very edge of a cliff, on my tiptoes, with my arms out, leaning forward, my head down, waiting for a gust of wind to let me fly....
4-8-2024 Intel Guru Goldilocks Iraq is in the process of signing bilateral agreements that will support their infrastructure through their shipping ports. This move will help Iraq to spend their money locally and support their own economy. Projects such as this will help justify new values on their Iraqi Dinar...
4-8-2024 Newshound Guru Pimpy Iraq is transforming in a very quick and powerful way is great news...The fact they're able to accomplish all these projects and there are a lot of huge projects being accomplished somehow with an exchange rate of 1320...
4-8-2024 Intel Guru MarkZ [via PDK] Question: Do you think things have started? MarkZ: After this week I have no doubts that things have started. And are well underway. I think we are in the rollout process right now.
4-8-2024 Newshound Guru Militia Man Al-Sudani is coming to America and hopefully coming home that he has accomplished everything in Iraq's favor as a whole. So give or take, whether it's before he comes home or after he comes home Iraq is going to be whole. That means everything is in Iraq's cards...they have the ability to be sovereign again. That's what we're waiting for.
4-8-2024 Intel Guru Frank26 Question: "How long do you think we'll have to exchange IYO?" I don't know. Normally they give you anywhere from 6 months to about a year.
4-8-2024 Newshound/Intel Guru Fnu Lnu Iraq is worth far more than 16 trillion dollars and there is far less than 80 trillion in circulation...To espouse such inciting commentary [against this]...negates everything Dr. Shabibi has stated and everything the CBI and GOI have stated. The Dinar was worth $3.22 pre-sanctions and at that time all they had was oil at $32 dollars a barrel...
4-8-2024 Newshound Guru Clare Article: "Office of Mr. Al-Sistani: It is expected that Wednesday will be the first day of Eid Al-Fitr” Quote: “The office’s forecasts for the crescent times for the Hijri months indicated the possibility of seeing the crescent of Shawwal tomorrow, Tuesday, so that Wednesday will be the first day of Eid al-Fitr.”
4-8-2024 Newshound Guru Sandy Ingram Iraq's prime minister will be in Washington, DC in less than 8 days to meet with President Biden.
4-8-2024 Newshound Guru Pimpy There seems to still be some confusion about the official exchange rate versus the real effective exchange rate... comments like "When they get to the real effective exchange rate" or When they switch to the real effective exchange rate." Or "When they use the real effective exchange rate"...This is confusing...what a real effective exchange rate is...An official exchange rate is at which country's currency can be exchanged for another country's' currency...Real Effective Exchange Rate is a broader measure that takes into account not just one bilateral exchange rate but a weighted average of a country's currency against the basket of it's major trading partners...Iraq already reports the effective exchange rate...It's already there...you don't have to wait for the real effective exchange rate to come popping up, it's already being used...
4-8-2024 Newshound Guru Militia Man We're watching Iraq go international. It's an interesting study. It's fascinating...Iraq is coming up...Iraq is moving in the a direction to go international and it's phenomenal.
4-8-2024 Newshound/Intel Gurus Walkingstick and Frank26 This monetary reform is right in front of your face. It's at your doorstep. I envision being at the very edge of a cliff, on my tiptoes, with my arms out, leaning forward, my head down, waiting for a gust of wind to let me fly....
4-8-2024 Intel Guru Goldilocks Iraq is in the process of signing bilateral agreements that will support their infrastructure through their shipping ports. This move will help Iraq to spend their money locally and support their own economy. Projects such as this will help justify new values on their Iraqi Dinar...
4-7-2024 Newshound Guru Pimpy Re-denomination of a currency involves changing the face value of the currency by dropping zeros from the existing notes and issuing new currency at a lower nominal value... Therefore a re-denomination of the Iraqi dinar would not inherently necessitate adjustments to Iraq stocks...If Iraq increases the exchange rate of the Iraqi dinar...this is different. A re-denomination will have a slight effect, if at all, verses changing the exchange rate...increases the purchasing power for Iraqis... The stock is already priced in American dollars so no the increase in the exchange rate of the Iraqi dinar is not going to make everybody millionaires on the stock market... [Post 2 of 2]
4-7-2024 Newshound Guru Pimpy Question: "How are changes to the Iraqi dinar going to affect the Iraq stock market?" 3 or 4 years ago there was a group of us invited to join a couple different people who were investing in the Iraqi Stock Exchange...When I first heard about this we were told that if we buy the stock now and when they reinstate the rate the value of the stock would really shoot up and we would have tons and tons of money...Iraqi Stock Exchange ...the cost of the stock is in USD not the Iraqi dinar. That's important...If the Iraqi dinar is re-denominated, that's when they LOP off the zeros...it would not necessarily require any adjustments to the Iraq stock. [Post 1 of 2....stay tuned]
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4-7-2024 Intel Guru Frank26 When you hold up the new lower notes you will not be able to see all the safety features, not even with a black light. This currency is so far advanced you cannot counterfeit it because you don't even know what's in it.
4-7-2024 Newshound/Intel Guru Walkingstick It's not 92% [of the 3 zero notes] they've collected. It's a lot more... It's at your doorstep.
4-7-2024 Newshound Guru Sandy Ingram Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq's export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely. [Post 2 of 2]
4-7-2024 Newshound Guru Sandy Ingram The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued... Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners. [Post 1 of 2....stay tuned]
4-7-2024 Newshound Guru Samson Article: ”WTO - ACCESSIONS - MAY 9th, 2024 - Includes Iraq"
4-7-2024 Newshound Guru Militia Man Article: "The start of drawing liquidity from the hands or Iraqi's" Iraq is getting money outside of the bank, into the bank...They've gotten off the street upwards of 8 trillion dinar. That's a lot of dinar...Reducing the note count is the direction which is where they're headed...If you reduce the note count, purchasing power comes with it...
4-7-2024 Newshound Guru Pimpy On the one hand this [Closing Iraq's DFI in the United States] is a big step for Iraq. They now have control over their own funds and they can make their own decisions without asking for permission. On the downside we still have Maliki and the Coordinating Framework in charge of the government...This [The DFI closing] is a good thing though. It's a big step for Iraq. It's a big step in gaining their freedom 100%. Internationally it looks really good for Iraq as well...Untied States is saying, 'Look we trust Iraq can deal with whatever comes at them...'
4-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Have not seen any of it on the news today about the lower notes that are going to be distributed in May...However there are a lot of rumors saying it was something out here today. We have not seen yet but we are looking... FRANK: There are many rumors about the monetary reform right now. Yes there seems to be a rumor about the lower notes...let's see what happens this coming week. Let's see how things start to unfold.
4-7-2024 Newshound Guru Pimpy Question: "How are changes to the Iraqi dinar going to affect the Iraq stock market?" 3 or 4 years ago there was a group of us invited to join a couple different people who were investing in the Iraqi Stock Exchange...When I first heard about this we were told that if we buy the stock now and when they reinstate the rate the value of the stock would really shoot up and we would have tons and tons of money...Iraqi Stock Exchange ...the cost of the stock is in USD not the Iraqi dinar. That's important...If the Iraqi dinar is re-denominated, that's when they LOP off the zeros...it would not necessarily require any adjustments to the Iraq stock. [Post 1 of 2....stay tuned]
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4-7-2024 Intel Guru Frank26 When you hold up the new lower notes you will not be able to see all the safety features, not even with a black light. This currency is so far advanced you cannot counterfeit it because you don't even know what's in it.
4-7-2024 Newshound/Intel Guru Walkingstick It's not 92% [of the 3 zero notes] they've collected. It's a lot more... It's at your doorstep.
4-7-2024 Newshound Guru Sandy Ingram Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq's export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely. [Post 2 of 2]
4-7-2024 Newshound Guru Sandy Ingram The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued... Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners. [Post 1 of 2....stay tuned]
4-7-2024 Newshound Guru Samson Article: ”WTO - ACCESSIONS - MAY 9th, 2024 - Includes Iraq"
4-7-2024 Newshound Guru Militia Man Article: "The start of drawing liquidity from the hands or Iraqi's" Iraq is getting money outside of the bank, into the bank...They've gotten off the street upwards of 8 trillion dinar. That's a lot of dinar...Reducing the note count is the direction which is where they're headed...If you reduce the note count, purchasing power comes with it...
4-7-2024 Newshound Guru Pimpy On the one hand this [Closing Iraq's DFI in the United States] is a big step for Iraq. They now have control over their own funds and they can make their own decisions without asking for permission. On the downside we still have Maliki and the Coordinating Framework in charge of the government...This [The DFI closing] is a good thing though. It's a big step for Iraq. It's a big step in gaining their freedom 100%. Internationally it looks really good for Iraq as well...Untied States is saying, 'Look we trust Iraq can deal with whatever comes at them...'
4-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Have not seen any of it on the news today about the lower notes that are going to be distributed in May...However there are a lot of rumors saying it was something out here today. We have not seen yet but we are looking... FRANK: There are many rumors about the monetary reform right now. Yes there seems to be a rumor about the lower notes...let's see what happens this coming week. Let's see how things start to unfold.
4-6-2024 Newshound Guru Pimpy Nobody knows how much dinar the US government has. Nobody does. You can speculate all you want. You don't know ho much dinar they actually have.
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4-6-2024 Intel Guru Frank26 Question "I lost my receipt, is that going to be a problem?" Yeah that's a problem when you get audited but that's the only time it's a problem. When you get audited they're gong to ask you when did you buy that and if you've held your dinar for one year and have proof of a receipt you'll probably be in the 20% but if you have held it for one year and you don't have a receipt you'll probably be in the 40%. I'd rather pay $200,000 on a million than $400,000. You lost your receipt? Call the person you bought it from to see if their records have it...Did you write a check? Got to your bank and ask...please look up my check statement on this date on this month on that year... [Dinar Guru Note: Some gurus speculate the dinar will be taxed capital gains, others ordinary income. The only opinion that matters in the end is the IRS's. Consult your tax professional at the appropriate time to determine the correct tax for your unique circumstances.]
4-6-2024 Newshound Guru Militia Man They're going to pay salaries and they're going to start pumping oil. They're going to have to have some sort of value in those assets and what we believe is that we're looking for is a real effective exchange rate...
4-6-2024 Newshound Guru Kaperoni There is no RV and there is no delete three zeros going to occur in the near future. Only with the success and growth of Iraq's only economy can the dinar ever go up in value.
4-6-2024 Intel Guru MarkZ [via PDK] Question: Is this weekend still in play? MarkZ: I do not think this weekend is in play. But many others believe this weekend is still in play. Most of what I am hearing is they expect most of the historic bonds to start between the 15th-22nd. Then Currency exchanges following directly on its heels. But, none of us know the timing. They cloud it on purpose.
4-6-2024 Newshound Guru Sandy Ingram Deleting the zeros will not change the currency's value, at least it has not changed the currency's value for any other country that has deleted the zeros. [We] could not find information on the Central Bank of Iraq's website or any other reliable Iraqi news blog on deleting the zeros the past 24 months.
4-6-2024 Newshound Guru Pimpy Article: "Iraqi economy faces threat as US closes oil revenue account" This latest move by the United States is something I'd be a little concerned about...Why the hell would you do that...? Maybe Biden is going to tell Iraq, 'You don't need these accounts no more. We're going to go ahead and turn everything over to you. All this is now in your control.' Which would be good for Iraq...It would be a big move on the United States part to go ahead and turn over all of that money to Iraq...
4-6-2024 Intel Guru Frank26 I believe [Sudani] will see the president with authority, with confidence, with power in their reforms. I believe he will see him exactly the way the IMF, World Bank, BIS, United States Treasury has described the monetary reform...
4-6-2024 Intel Guru MarkZ [via PDK] Comment: Ramadan ends April 9th or 10th…then 3 days of Eid El Fitr…where they like to give each other gifts…. It would make sense for Sudani to give it to the people of Iraq before Eid El Fitr. MarkZ: That would make sense...that is the celebration at the end of Ramadan. It would make a lot of sense for Sudani to release it about then.
4-6-2024 Newshound/Intel Guru Mnt Goat Like the unfolding of the season of Spring we are slowly seeing the sovereignty of Iraq coming to a reality and not just on paper but in tangible evidence.
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4-6-2024 Intel Guru Frank26 Question "I lost my receipt, is that going to be a problem?" Yeah that's a problem when you get audited but that's the only time it's a problem. When you get audited they're gong to ask you when did you buy that and if you've held your dinar for one year and have proof of a receipt you'll probably be in the 20% but if you have held it for one year and you don't have a receipt you'll probably be in the 40%. I'd rather pay $200,000 on a million than $400,000. You lost your receipt? Call the person you bought it from to see if their records have it...Did you write a check? Got to your bank and ask...please look up my check statement on this date on this month on that year... [Dinar Guru Note: Some gurus speculate the dinar will be taxed capital gains, others ordinary income. The only opinion that matters in the end is the IRS's. Consult your tax professional at the appropriate time to determine the correct tax for your unique circumstances.]
4-6-2024 Newshound Guru Militia Man They're going to pay salaries and they're going to start pumping oil. They're going to have to have some sort of value in those assets and what we believe is that we're looking for is a real effective exchange rate...
4-6-2024 Newshound Guru Kaperoni There is no RV and there is no delete three zeros going to occur in the near future. Only with the success and growth of Iraq's only economy can the dinar ever go up in value.
4-6-2024 Intel Guru MarkZ [via PDK] Question: Is this weekend still in play? MarkZ: I do not think this weekend is in play. But many others believe this weekend is still in play. Most of what I am hearing is they expect most of the historic bonds to start between the 15th-22nd. Then Currency exchanges following directly on its heels. But, none of us know the timing. They cloud it on purpose.
4-6-2024 Newshound Guru Sandy Ingram Deleting the zeros will not change the currency's value, at least it has not changed the currency's value for any other country that has deleted the zeros. [We] could not find information on the Central Bank of Iraq's website or any other reliable Iraqi news blog on deleting the zeros the past 24 months.
4-6-2024 Newshound Guru Pimpy Article: "Iraqi economy faces threat as US closes oil revenue account" This latest move by the United States is something I'd be a little concerned about...Why the hell would you do that...? Maybe Biden is going to tell Iraq, 'You don't need these accounts no more. We're going to go ahead and turn everything over to you. All this is now in your control.' Which would be good for Iraq...It would be a big move on the United States part to go ahead and turn over all of that money to Iraq...
4-6-2024 Intel Guru Frank26 I believe [Sudani] will see the president with authority, with confidence, with power in their reforms. I believe he will see him exactly the way the IMF, World Bank, BIS, United States Treasury has described the monetary reform...
4-6-2024 Intel Guru MarkZ [via PDK] Comment: Ramadan ends April 9th or 10th…then 3 days of Eid El Fitr…where they like to give each other gifts…. It would make sense for Sudani to give it to the people of Iraq before Eid El Fitr. MarkZ: That would make sense...that is the celebration at the end of Ramadan. It would make a lot of sense for Sudani to release it about then.
4-6-2024 Newshound/Intel Guru Mnt Goat Like the unfolding of the season of Spring we are slowly seeing the sovereignty of Iraq coming to a reality and not just on paper but in tangible evidence.
4-5-2024 Intel Guru Frank Question: "The deleting of the zeros, would that lessen our dinar that we have here in the U.S." Yes, because...the moment they delete the 3 zeros it's going to add value to the currency and that's what you're waiting for - For them to add value to the currency so you can take your 3-zeros to a bank and exchange them for American dollars.
4-5-2024 Newshound Guru Clare Article: "Iraq will become an "alternative" to the Suez Canal" Quote: "Iraq will become, during the next few years, a 'center' for international trade between the East and the Middle East and the West.”
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4-5-2024 Intel Guru Goldilocks Article: "Viet Nam's Minister of Finance and Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region" Quote: "As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency."
4-5-2024 Newshound Guru Militia Man They are ready to resume exports at any time. Why? Because they have the systems in place. Iraq's natural resources are phenomenal...these guys have so much natural resources it's not even funny.
4-5-2024 Newshound/Intel Guru Walkingstick Sudani is not going to go see Biden with a resigned executive order 13303 because it means the monetary reforms new exchange rate is free as bird to come out. It means Iraq is a sovereign nation now with a sovereign currency...Sudani goes to Washington on the 15th...to announce a new sovereign and confident Iraq under new the new leadership of Sudani and his staff...
4-5-2024 Intel Guru MarkZ [via PDK] Comment: Praying this is the weekend we have been waiting for. MarkZ: I’m with you about this weekend. Either way I feel doggone good about April...A lot of people have been told its coming- It’s coming for so long that they don’t jump anymore when told its time for things…now suddenly it appears its time for things – so a bit of scrambling going on.
4-5-2024 Newshound Guru Pimpy The only thing left is to remove the troops out of Iraq. No more coalition forces...US military, get them out of there. Then Iraq would have full sovereignty. It is exciting. But the real reason why the United States closed the fund is because...there was an audit done, there's billions of dollars missing...The big question is, well who's responsible for those missing billions? Is it the United States or is it Iraq? Not to mention the money that was sent to Iraq for projects were being mismanaged, misused and somehow come up missing... [Post 3 of 3]
4-5-2024 Newshound Guru Pimpy Here's the good and the bad of everything...With Iraq in control of the Development Fund they have access to that money...There are no restrictions on it. They don't have to ask permission to get the money when they do their budget. That is a huge step forward. In addition to that it just wouldn't look good for Iraq to go into the World Trade Organization having anther country control the money that you use for trade or anything else. So yes, that is another huge step toward reinstating full sovereignty for Iraq. [Post 2 of 3....stay tuned]
4-5-2024 Newshound Guru Pimpy The protection of Iraq's assets and funds were because you had tons of individuals...companies and corporations...nations going after Iraq for one reason or another...If everyone was allowed to sue Iraq then it would take forever for Iraq to recover...What we need to find out is once the protections are lifted are those individuals that could have sued Iraq in the past able to sue them now? What they've done is turn over all of the money to Iraq to handle from now on. [Post 1 of 3....stay tuned]
4-5-2024 Intel Guru Frank26 The exchange rate is in the budget to be voted on by parliament. But the budget is waiting for the new exchange rate. The budget is not waiting for any vote on parliament.
4-5-2024 Newshound/Intel Guru Mnt Goat But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros... [post 2 of 2]
4-5-2024 Newshound/Intel Guru Mnt Goat What are the next steps? We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for. [Post 1 of 2....stay tuned]
4-5-2024 Intel Guru MarkZ [via PDK] I know a person in banking that helped to set up 3 redeeming locations. Now whether you want to call them redemption centers or redeeming banks …these are locations that have trained their personnel and has the equipment to handle the process. You can call it whatever you want. One location in N. Carolina borrowed my currency and me to help make certain their staff was trained. For me they are very real.
4-5-2024 Newshound Guru Clare Article: "Iraq will become an "alternative" to the Suez Canal" Quote: "Iraq will become, during the next few years, a 'center' for international trade between the East and the Middle East and the West.”
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4-5-2024 Intel Guru Goldilocks Article: "Viet Nam's Minister of Finance and Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region" Quote: "As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency."
4-5-2024 Newshound Guru Militia Man They are ready to resume exports at any time. Why? Because they have the systems in place. Iraq's natural resources are phenomenal...these guys have so much natural resources it's not even funny.
4-5-2024 Newshound/Intel Guru Walkingstick Sudani is not going to go see Biden with a resigned executive order 13303 because it means the monetary reforms new exchange rate is free as bird to come out. It means Iraq is a sovereign nation now with a sovereign currency...Sudani goes to Washington on the 15th...to announce a new sovereign and confident Iraq under new the new leadership of Sudani and his staff...
4-5-2024 Intel Guru MarkZ [via PDK] Comment: Praying this is the weekend we have been waiting for. MarkZ: I’m with you about this weekend. Either way I feel doggone good about April...A lot of people have been told its coming- It’s coming for so long that they don’t jump anymore when told its time for things…now suddenly it appears its time for things – so a bit of scrambling going on.
4-5-2024 Newshound Guru Pimpy The only thing left is to remove the troops out of Iraq. No more coalition forces...US military, get them out of there. Then Iraq would have full sovereignty. It is exciting. But the real reason why the United States closed the fund is because...there was an audit done, there's billions of dollars missing...The big question is, well who's responsible for those missing billions? Is it the United States or is it Iraq? Not to mention the money that was sent to Iraq for projects were being mismanaged, misused and somehow come up missing... [Post 3 of 3]
4-5-2024 Newshound Guru Pimpy Here's the good and the bad of everything...With Iraq in control of the Development Fund they have access to that money...There are no restrictions on it. They don't have to ask permission to get the money when they do their budget. That is a huge step forward. In addition to that it just wouldn't look good for Iraq to go into the World Trade Organization having anther country control the money that you use for trade or anything else. So yes, that is another huge step toward reinstating full sovereignty for Iraq. [Post 2 of 3....stay tuned]
4-5-2024 Newshound Guru Pimpy The protection of Iraq's assets and funds were because you had tons of individuals...companies and corporations...nations going after Iraq for one reason or another...If everyone was allowed to sue Iraq then it would take forever for Iraq to recover...What we need to find out is once the protections are lifted are those individuals that could have sued Iraq in the past able to sue them now? What they've done is turn over all of the money to Iraq to handle from now on. [Post 1 of 3....stay tuned]
4-5-2024 Intel Guru Frank26 The exchange rate is in the budget to be voted on by parliament. But the budget is waiting for the new exchange rate. The budget is not waiting for any vote on parliament.
4-5-2024 Newshound/Intel Guru Mnt Goat But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros... [post 2 of 2]
4-5-2024 Newshound/Intel Guru Mnt Goat What are the next steps? We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for. [Post 1 of 2....stay tuned]
4-5-2024 Intel Guru MarkZ [via PDK] I know a person in banking that helped to set up 3 redeeming locations. Now whether you want to call them redemption centers or redeeming banks …these are locations that have trained their personnel and has the equipment to handle the process. You can call it whatever you want. One location in N. Carolina borrowed my currency and me to help make certain their staff was trained. For me they are very real.
4-4-2024 Intel Guru Frank26 You know how close you are to this? If you're not as close to being prepared, good luck.
4-4-2024 Newshound Guru Pimpy Question: "Do you think the war is finished with Iraq or not?" Because the war powers are still available to Biden, technically the war is not ended there...Until the war powers are removed from the president, technically we're still at war and you're still an occupied country...Technically we are still at war with Iraq.
4-4-2024 Guru Nader From The Mid East In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire. No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States...have to say yes you can do it or not...The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.
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4-4-2024 Newshound/Intel Guru Walkingstick Executive order 13303 was the protection of the DFI funds of their oil money. All protected by the United States of America...No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds... 13303 was not sighed. This is good. It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency...
4-4-2024 Intel Guru Frank26 Sudani said to his citizens, 'Before the end of Ramadan, before the start of EID it is my desire to make a major announcement.' Ramadan comes to an end on the 8th of April. On the 9th EID starts. From the 9th to the 11th we have an amazing window to study and to see what happens with our investment because on the 15th Sudani will go to Washington DC to see the president of the Untied States.
4-4-2024 Newshound Guru Militia Man Raising the value of your currency is going to help make it easier for sustainable development and deducing the phenomenon of cash. In other words if you have a 1 to 1 ratio you have a significant reduction in cash do you not? I think you do. If it was at a previous era, for instance...$2.80, $3.22..wouldn't that be a phenomenon of less cash in the economy? Of course it would.
4-4-2024 Intel Guru MarkZ [via PDK] Question: Mark do you think this will happen before 2025? MarkZ: Yes I do…I don’t think we will get anywhere close to 2025 before it happens. But, nobody knows the exact timing.
4-4-2024 Newshound Guru Samson "The office of the Grand Ayatollah Sistani expects next Wednesday, April 10, the first day of Eid al-Fitr"
4-4-2024 Newshound Guru Pimpy ...If the Iraqi dinar is re-denominated, that's when they LOP off the zeros, delete the zeros, reduce the zeros, remove the zeros, call it whatever you want, they're all the same thing...Re-denomination of a currency involves changing the face value of the currency by dropping zeros from the existing notes and issuing new currency at a lower nominal value...The nominal value of the 25,000 is 25,000 single dinars on one note. If we do a re-denomination and we remove the zeros off the currency, then they have to make whole new...smaller denominations...most likely going to have 1, 5, 10, 20, 50 and 100 dinar...So instead of having 25,000 written across the bill it's only going to be 25...If Iraq increases the exchange rate of the Iraqi dinar...this is different. A re-denomination will have a slight effect, if at all, verses changing the exchange rate, increases currency value...increases the purchasing power for Iraqis...
4-4-2024 Intel Guru Frank26 Article: "The Central Bank of Iraq clarifies the mechanism for depositing oil revenues abroad" DFI was part of something called Executive order 13303. President Bush signed executive order 13303...Clinton... Trump...Biden...resigned it. Guess what, executive order 13303...has not been resigned...
4-4-2024 Newshound/Intel Guru Mnt Goat ...we read in the articles today that the post-war DFI fund and its process is also no longer in effect. WOW! This means that oil revenues no longer have to be placed under US Treasury accounts in NYC...These remaining dollars will now be transported from the Federal Reserve Bank in NYC to the Baghdad, Iraq CBI...Yet more signs of full sovereignty not just on paper but tangible evidence we can see by events. The sovereignty of their currency is also coming and on the near horizon... WOW! WOW! WOW! We have waited so long to hear this good news.
4-4-2024 Intel Guru Bruce [via WiserNow & Bob] So our number one guy said that there are only – and this is important to know - there are only 19 people in the world that know when this is gonna go... What we got...from a top person at Wells Fargo...this could go any time between...Wednesday afternoon [4/3/24] and Friday morning...this is our current window... Everything's moving in that direction.
4-4-2024 Newshound Guru Pimpy Question: "Do you think the war is finished with Iraq or not?" Because the war powers are still available to Biden, technically the war is not ended there...Until the war powers are removed from the president, technically we're still at war and you're still an occupied country...Technically we are still at war with Iraq.
4-4-2024 Guru Nader From The Mid East In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire. No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States...have to say yes you can do it or not...The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.
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4-4-2024 Newshound/Intel Guru Walkingstick Executive order 13303 was the protection of the DFI funds of their oil money. All protected by the United States of America...No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds... 13303 was not sighed. This is good. It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency...
4-4-2024 Intel Guru Frank26 Sudani said to his citizens, 'Before the end of Ramadan, before the start of EID it is my desire to make a major announcement.' Ramadan comes to an end on the 8th of April. On the 9th EID starts. From the 9th to the 11th we have an amazing window to study and to see what happens with our investment because on the 15th Sudani will go to Washington DC to see the president of the Untied States.
4-4-2024 Newshound Guru Militia Man Raising the value of your currency is going to help make it easier for sustainable development and deducing the phenomenon of cash. In other words if you have a 1 to 1 ratio you have a significant reduction in cash do you not? I think you do. If it was at a previous era, for instance...$2.80, $3.22..wouldn't that be a phenomenon of less cash in the economy? Of course it would.
4-4-2024 Intel Guru MarkZ [via PDK] Question: Mark do you think this will happen before 2025? MarkZ: Yes I do…I don’t think we will get anywhere close to 2025 before it happens. But, nobody knows the exact timing.
4-4-2024 Newshound Guru Samson "The office of the Grand Ayatollah Sistani expects next Wednesday, April 10, the first day of Eid al-Fitr"
4-4-2024 Newshound Guru Pimpy ...If the Iraqi dinar is re-denominated, that's when they LOP off the zeros, delete the zeros, reduce the zeros, remove the zeros, call it whatever you want, they're all the same thing...Re-denomination of a currency involves changing the face value of the currency by dropping zeros from the existing notes and issuing new currency at a lower nominal value...The nominal value of the 25,000 is 25,000 single dinars on one note. If we do a re-denomination and we remove the zeros off the currency, then they have to make whole new...smaller denominations...most likely going to have 1, 5, 10, 20, 50 and 100 dinar...So instead of having 25,000 written across the bill it's only going to be 25...If Iraq increases the exchange rate of the Iraqi dinar...this is different. A re-denomination will have a slight effect, if at all, verses changing the exchange rate, increases currency value...increases the purchasing power for Iraqis...
4-4-2024 Intel Guru Frank26 Article: "The Central Bank of Iraq clarifies the mechanism for depositing oil revenues abroad" DFI was part of something called Executive order 13303. President Bush signed executive order 13303...Clinton... Trump...Biden...resigned it. Guess what, executive order 13303...has not been resigned...
4-4-2024 Newshound/Intel Guru Mnt Goat ...we read in the articles today that the post-war DFI fund and its process is also no longer in effect. WOW! This means that oil revenues no longer have to be placed under US Treasury accounts in NYC...These remaining dollars will now be transported from the Federal Reserve Bank in NYC to the Baghdad, Iraq CBI...Yet more signs of full sovereignty not just on paper but tangible evidence we can see by events. The sovereignty of their currency is also coming and on the near horizon... WOW! WOW! WOW! We have waited so long to hear this good news.
4-4-2024 Intel Guru Bruce [via WiserNow & Bob] So our number one guy said that there are only – and this is important to know - there are only 19 people in the world that know when this is gonna go... What we got...from a top person at Wells Fargo...this could go any time between...Wednesday afternoon [4/3/24] and Friday morning...this is our current window... Everything's moving in that direction.
4-3-2024 Intel Guru Frank26 We're headed in the right direction...We've been heading in the right direction all along says my teams. But many of you are still anxious for it to happen instantly. That's not how it works...
4-3-2024 Intel Guru MarkZ [via PDK] I am hearing great things from Iraq. Comment: let’s pray we’ll start scheduling appointments next week! MarkZ: I think it’s highly possible that we could. There was a lot of expectations from my Iraqi contacts for today…but have not heard anything from them yet.
4-3-2024 Newshound Guru Pimpy Re-denomination, that's only removing the zeros off of the Iraqi dinar. That's much more different than increasing the exchange rate of the Iraqi dinar. Two different things...
4-3-2024 Newshound Guru Militia Man IMO you're not going to see the Oil and Gas Law until you see an exchange rate change. They're going to have to have asset valuation for that and we have not seen anything other than 1310...
4-3-2024 Newshound Guru Breitling Do I believe in their [Iraq's] business plan? Absolutely. Do I know where the value is coming from? Absolutely. Artificial inflation...They have more customers and they're selling even more energy. How can it be at a 10th of a penny? Nobody can tell me this. Well Tony they printed too much currency. Hallelujah, praise Jesus! Why did they print too much currency? Why do they have too much currency? Did somebody tell them to do that? Was it Abraham Lincoln? Who was it? And why are they doing it? And now you can start putting this together. It's artificial inflation . They're selling their energy in the US dollar and that's what's backing up their currency. It's a massive opportunity. But that's the power of inflation. That's what happened to Iraq and they're going to get out of it...
4-3-2024 Newshound Guru Sandy Ingram In a startling development the United States has closed the account through which Iraq collects revenue form its oil sales...the Development Fund for Iraq (DFI). The DFI...served as a lifeline for Iraq to collect and manage its oil revenues. Iraq maintained this account with the US Federal Reserve Bank allowing it to receive oil revenues in dollars and use them to cover essential expenses in accordance with agreements with the United States...With the closure of the DFI account, Iraq's oil revenue is being directed to a new account, cryptically referred to as IraqQ2...
4-3-2024 Intel Guru Frank26 The contracts IMO they are renegotiating the exchange rate for the contracts. The issue is not whether to come out with a new exchange rate but which exchange rate to come out with...
4-3-2024 Newshound Guru Pimpy Article: "The Minister of Finance and the World Bank are discussing support for the economic and financial reform program" Usually in the past I would say yeah, that all sounds good but we'll believe it when we see it. But now when you read this kind of news it's hard not to get a little excited because al-Sudani is doing a pretty good job considering his own political party is not working with him but against him.
4-3-2024 Newshound Guru Militia Man Article: "The United States has closed the account through with the Iraq collects revenue from its oil sales" The DFI fund was closed on March 18th...Big change. We have not seen this before. Is it a smoking gun? ...If they were going to stop an account that had protection for all their oil money and they just now relinquished a couple weeks ago I think that's pretty big...They must have felt comfortable in a sense they could handle recourse on that debt...I'll tell you this, if they change the value from 1310 to a previous era, it'll become a lot cheaper to pay off their debts...
4-3-2024 Intel Guru MarkZ [via PDK] Question: Did Iraq get their bank accounts and money back from the US? MarkZ: YES. This is huge. This is enormous. Iraqs money for oil sales is no longer going through the United States. I was told this is what Iraq has been waiting on before they forced things to fruition...The closed DFI account is huge…And one of the things I was consistently told from government contacts in Iraq is how hard it has been for them with oil revenues going through the US. This has enormous repercussions for Iraq and their economic sovereignty. This is an important key piece that we just saw occur...Now we need the announcement on the HCL front, which I believe has already happened- we just need the announcement.
4-3-2024 Newshound Guru Clare Article: "Iraqi economy faces threat as US closes oil revenue account" Quote "...with the closure of the DFI [Development Fund for Iraq] account, Iraq's oil revenue is now being directed to a new account, referred to as IRAQ2. This transition raises concerns...banking specialist Kamaran Qadir Yaqub...warns the protection previously afforded to Iraq's revenue may no longer be guaranteed."
4-3-2024 Newshound/Intel Guru Mnt Goat What happened next was the VERY quick response by the CBI to begin the de-dollarization process in Iraq in 2023. Then the unanticipated length of resolving the issue of the stability with the parallel market which delayed the process we are now looking for. Last week they told us the parallel market is now under control...I verified this with my CBI contact...Many investors have been waiting for this news...and tell us that this is a VERY GOOD sign for us in that since we no longer will be needing this protection, since maybe the dinar is soon to be free to move into its full potential as a sovereign, global currency...Remember it is normally renewed on April 1st and so what is in stored for us in April? Just saying... [Post 2 0f 2]
4-3-2024 Newshound/Intel Guru Mnt Goat In today’s news articles we learn about the expiration of the extension of the US President’s Executive Order 13303 put in place in 2003. So, there is no extension this year...Why is this so important to us investors? First, the expiration of 13303 shows to us once again that Iraq is slowly moving out of the sanctioned mindset altogether. But now we moved to a new level. We know that in December of 2022, Iraq completed its war reparations payments to Kuwait and thus followed that all the remaining UN sanctions were lifted. [Post 1 of 2....stay tuned]
4-3-2024 Intel Guru Frank26 The HCL simply waits for the new exchange rate to be released just like everything else is waiting for it. You, me, contracts, investors, Forex, etc etc.
4-3-2024 Intel Guru Goldilocks Wikipedia: "Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens." this executive order 13303 is being lifted.
4-3-2024 Intel Guru MarkZ [via PDK] Question: Have they already decided on a rate and date? MarkZ: My contacts in the ministry in Iraq told me they have set the rate. We are just not privy to that or the date.
4-3-2024 Intel Guru MarkZ [via PDK] I am hearing great things from Iraq. Comment: let’s pray we’ll start scheduling appointments next week! MarkZ: I think it’s highly possible that we could. There was a lot of expectations from my Iraqi contacts for today…but have not heard anything from them yet.
4-3-2024 Newshound Guru Pimpy Re-denomination, that's only removing the zeros off of the Iraqi dinar. That's much more different than increasing the exchange rate of the Iraqi dinar. Two different things...
4-3-2024 Newshound Guru Militia Man IMO you're not going to see the Oil and Gas Law until you see an exchange rate change. They're going to have to have asset valuation for that and we have not seen anything other than 1310...
4-3-2024 Newshound Guru Breitling Do I believe in their [Iraq's] business plan? Absolutely. Do I know where the value is coming from? Absolutely. Artificial inflation...They have more customers and they're selling even more energy. How can it be at a 10th of a penny? Nobody can tell me this. Well Tony they printed too much currency. Hallelujah, praise Jesus! Why did they print too much currency? Why do they have too much currency? Did somebody tell them to do that? Was it Abraham Lincoln? Who was it? And why are they doing it? And now you can start putting this together. It's artificial inflation . They're selling their energy in the US dollar and that's what's backing up their currency. It's a massive opportunity. But that's the power of inflation. That's what happened to Iraq and they're going to get out of it...
4-3-2024 Newshound Guru Sandy Ingram In a startling development the United States has closed the account through which Iraq collects revenue form its oil sales...the Development Fund for Iraq (DFI). The DFI...served as a lifeline for Iraq to collect and manage its oil revenues. Iraq maintained this account with the US Federal Reserve Bank allowing it to receive oil revenues in dollars and use them to cover essential expenses in accordance with agreements with the United States...With the closure of the DFI account, Iraq's oil revenue is being directed to a new account, cryptically referred to as IraqQ2...
4-3-2024 Intel Guru Frank26 The contracts IMO they are renegotiating the exchange rate for the contracts. The issue is not whether to come out with a new exchange rate but which exchange rate to come out with...
4-3-2024 Newshound Guru Pimpy Article: "The Minister of Finance and the World Bank are discussing support for the economic and financial reform program" Usually in the past I would say yeah, that all sounds good but we'll believe it when we see it. But now when you read this kind of news it's hard not to get a little excited because al-Sudani is doing a pretty good job considering his own political party is not working with him but against him.
4-3-2024 Newshound Guru Militia Man Article: "The United States has closed the account through with the Iraq collects revenue from its oil sales" The DFI fund was closed on March 18th...Big change. We have not seen this before. Is it a smoking gun? ...If they were going to stop an account that had protection for all their oil money and they just now relinquished a couple weeks ago I think that's pretty big...They must have felt comfortable in a sense they could handle recourse on that debt...I'll tell you this, if they change the value from 1310 to a previous era, it'll become a lot cheaper to pay off their debts...
4-3-2024 Intel Guru MarkZ [via PDK] Question: Did Iraq get their bank accounts and money back from the US? MarkZ: YES. This is huge. This is enormous. Iraqs money for oil sales is no longer going through the United States. I was told this is what Iraq has been waiting on before they forced things to fruition...The closed DFI account is huge…And one of the things I was consistently told from government contacts in Iraq is how hard it has been for them with oil revenues going through the US. This has enormous repercussions for Iraq and their economic sovereignty. This is an important key piece that we just saw occur...Now we need the announcement on the HCL front, which I believe has already happened- we just need the announcement.
4-3-2024 Newshound Guru Clare Article: "Iraqi economy faces threat as US closes oil revenue account" Quote "...with the closure of the DFI [Development Fund for Iraq] account, Iraq's oil revenue is now being directed to a new account, referred to as IRAQ2. This transition raises concerns...banking specialist Kamaran Qadir Yaqub...warns the protection previously afforded to Iraq's revenue may no longer be guaranteed."
4-3-2024 Newshound/Intel Guru Mnt Goat What happened next was the VERY quick response by the CBI to begin the de-dollarization process in Iraq in 2023. Then the unanticipated length of resolving the issue of the stability with the parallel market which delayed the process we are now looking for. Last week they told us the parallel market is now under control...I verified this with my CBI contact...Many investors have been waiting for this news...and tell us that this is a VERY GOOD sign for us in that since we no longer will be needing this protection, since maybe the dinar is soon to be free to move into its full potential as a sovereign, global currency...Remember it is normally renewed on April 1st and so what is in stored for us in April? Just saying... [Post 2 0f 2]
4-3-2024 Newshound/Intel Guru Mnt Goat In today’s news articles we learn about the expiration of the extension of the US President’s Executive Order 13303 put in place in 2003. So, there is no extension this year...Why is this so important to us investors? First, the expiration of 13303 shows to us once again that Iraq is slowly moving out of the sanctioned mindset altogether. But now we moved to a new level. We know that in December of 2022, Iraq completed its war reparations payments to Kuwait and thus followed that all the remaining UN sanctions were lifted. [Post 1 of 2....stay tuned]
4-3-2024 Intel Guru Frank26 The HCL simply waits for the new exchange rate to be released just like everything else is waiting for it. You, me, contracts, investors, Forex, etc etc.
4-3-2024 Intel Guru Goldilocks Wikipedia: "Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens." this executive order 13303 is being lifted.
4-3-2024 Intel Guru MarkZ [via PDK] Question: Have they already decided on a rate and date? MarkZ: My contacts in the ministry in Iraq told me they have set the rate. We are just not privy to that or the date.
4-2-2024 Intel Guru Frank26 Many things are waiting for the new exchange rate. I sincerely believe that the very first domino that allows everything else that is waiting for the new exchange rate is the budget that allows everything to live and function.
4-2-2024 Intel Guru MarkZ [via PDK] Comment: Remember Sudani is coming to the US on April 15th. I believe it will be a post RV victory lap. MarkZ: A lot of my contacts believe that as well. Some contacts think tomorrow may be the day. We will see. It’s not coming from enough sources to put a lot of stock in it though.
4-2-2024 Newshound Guru Pimpy Did we hear this rumor correctly? Did Iraq find a replacement for oil? ...It's been under their feet the whole time...What do you suppose that would do for their economy especially if it allows them to get away from relying so much on oil? It could be very very exciting... Article: "One more country ahead of us in the race for the 'most renewable fuel': this is a developing one and will replace oil" It looks like Iraq is going to start doing what they can to get away form oil and start producing green hydrogen... Yes, indeedy things still looking good for Iraq. Let's hope they stay on the straight and narrow and everything goes their way and we can see the Iraqi people have a prosperous life.
4-2-2024 Newshound Guru Militia Man When Iraq adjusts their exchange rate...all boats rise with the tide. All those boats that own Iraqi dinar are going to rise. The United States is going to be part of that process with the Development Road project. See how cheap it's going to be to build that country by raising the value because they have a real effective exchange rate? You can see where the deals are going to be made. It's going to be phenomenal.
4-2-2024 Newshound/Intel Guru Walkingstick There's nothing like the facts. Everything they're telling the Iraqi citizens is a fact because it's coming from the right sources.
4-2-2024 Intel Guru MarkZ [via PDK] Member: I heard Iraq is going to do what Kuwait did and allow their people to party a few days before they release rate to the world? MarkZ: Kuwait managed to keep their RV a secret for 10 days before the world found out. With today’s internet they would have a difficult time burying it for very long. I don’t think they would get more than a day or two at most.
4-2-2024 Newshound Guru Clare Article: "Iraq’s banking system grows 15.1% in 2023 to $156.7 billion"
4-2-2024 Intel Guru Frank26 Divide 1 by 1320 = .00075758. If you take the decimal point and you move it over three spaces they you have .76 cents. 3 zeros = $0.76 ...This is the easiest formula you can use.
4-2-2024 Newshound/Intel Guru Fnu Lnu Article quote: "Al-Kadhimi indicated that increasing the budget’s overall amount, from 199 trillion Iraqi dinars (nearly $152 billion) to 228 trillion Iraqi dinars (approximately $174.04 billion), resulted in a rise in the deficit, revealing that the budget is still being discussed in the Council of Ministers and would likely be presented to the Iraqi Parliament next month." It would logically follow that a revaluation would be likely before next month's USA confab.
4-2-2024 Newshound Guru Pimpy Community request "Please tell us about the smaller notes, 500s, 250 and 50s. Will they be a throwaway? What is the good and bad of them?" If they do a re-denomination there won't be a need for a 500 or 250 note...They're going to create the notes like the ones we have. You will see a 1, 5, 10, 20, 50 and 100 denomination...They don't lose the purchasing power. The 10 has the same purchasing power as a 10,000. The 5 has the same purchasing power as a 5,000. The one has the same purchasing power as the 1,000...
4-2-2024 Newshound Guru Militia Man With the Central Bank taking measures to stop the exchange rate rise in the parallel market showed they attained a gradual decline in the exchange rate due to merchants gravitated to the new platform in significant numbers whereby the parallel market decreased to a mere $25 million a day compared to over $200+ million with the legitimate system. They say that decline will continue. Likely to disappear, imo.
4-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...there's still a need to collect 30% of the people with bank accounts...Half of our parliament owns banks. That's how they were stealing all the money until Sudani and Alaq have now cleaned that up...Citizens of Iraq are veering away from banks until a rate is available...
4-2-2024 Intel Guru Bruce [via WiserNow] Rates are going to be great. Don't worry about that...we're supposed to be given the contract rate on dinar which is tied to price of oil per barrel.
4-2-2024 Intel Guru MarkZ [via PDK] Vietnam news: “VN central bank drains more money from system” They have withdrawn more than $75 Trillion VND from the last 5 trading sessions. Guys, this is almost like they are preparing for an event and I am excited about that.
4-2-2024 Intel Guru MarkZ [via PDK] Comment: Remember Sudani is coming to the US on April 15th. I believe it will be a post RV victory lap. MarkZ: A lot of my contacts believe that as well. Some contacts think tomorrow may be the day. We will see. It’s not coming from enough sources to put a lot of stock in it though.
4-2-2024 Newshound Guru Pimpy Did we hear this rumor correctly? Did Iraq find a replacement for oil? ...It's been under their feet the whole time...What do you suppose that would do for their economy especially if it allows them to get away from relying so much on oil? It could be very very exciting... Article: "One more country ahead of us in the race for the 'most renewable fuel': this is a developing one and will replace oil" It looks like Iraq is going to start doing what they can to get away form oil and start producing green hydrogen... Yes, indeedy things still looking good for Iraq. Let's hope they stay on the straight and narrow and everything goes their way and we can see the Iraqi people have a prosperous life.
4-2-2024 Newshound Guru Militia Man When Iraq adjusts their exchange rate...all boats rise with the tide. All those boats that own Iraqi dinar are going to rise. The United States is going to be part of that process with the Development Road project. See how cheap it's going to be to build that country by raising the value because they have a real effective exchange rate? You can see where the deals are going to be made. It's going to be phenomenal.
4-2-2024 Newshound/Intel Guru Walkingstick There's nothing like the facts. Everything they're telling the Iraqi citizens is a fact because it's coming from the right sources.
4-2-2024 Intel Guru MarkZ [via PDK] Member: I heard Iraq is going to do what Kuwait did and allow their people to party a few days before they release rate to the world? MarkZ: Kuwait managed to keep their RV a secret for 10 days before the world found out. With today’s internet they would have a difficult time burying it for very long. I don’t think they would get more than a day or two at most.
4-2-2024 Newshound Guru Clare Article: "Iraq’s banking system grows 15.1% in 2023 to $156.7 billion"
4-2-2024 Intel Guru Frank26 Divide 1 by 1320 = .00075758. If you take the decimal point and you move it over three spaces they you have .76 cents. 3 zeros = $0.76 ...This is the easiest formula you can use.
4-2-2024 Newshound/Intel Guru Fnu Lnu Article quote: "Al-Kadhimi indicated that increasing the budget’s overall amount, from 199 trillion Iraqi dinars (nearly $152 billion) to 228 trillion Iraqi dinars (approximately $174.04 billion), resulted in a rise in the deficit, revealing that the budget is still being discussed in the Council of Ministers and would likely be presented to the Iraqi Parliament next month." It would logically follow that a revaluation would be likely before next month's USA confab.
4-2-2024 Newshound Guru Pimpy Community request "Please tell us about the smaller notes, 500s, 250 and 50s. Will they be a throwaway? What is the good and bad of them?" If they do a re-denomination there won't be a need for a 500 or 250 note...They're going to create the notes like the ones we have. You will see a 1, 5, 10, 20, 50 and 100 denomination...They don't lose the purchasing power. The 10 has the same purchasing power as a 10,000. The 5 has the same purchasing power as a 5,000. The one has the same purchasing power as the 1,000...
4-2-2024 Newshound Guru Militia Man With the Central Bank taking measures to stop the exchange rate rise in the parallel market showed they attained a gradual decline in the exchange rate due to merchants gravitated to the new platform in significant numbers whereby the parallel market decreased to a mere $25 million a day compared to over $200+ million with the legitimate system. They say that decline will continue. Likely to disappear, imo.
4-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...there's still a need to collect 30% of the people with bank accounts...Half of our parliament owns banks. That's how they were stealing all the money until Sudani and Alaq have now cleaned that up...Citizens of Iraq are veering away from banks until a rate is available...
4-2-2024 Intel Guru Bruce [via WiserNow] Rates are going to be great. Don't worry about that...we're supposed to be given the contract rate on dinar which is tied to price of oil per barrel.
4-2-2024 Intel Guru MarkZ [via PDK] Vietnam news: “VN central bank drains more money from system” They have withdrawn more than $75 Trillion VND from the last 5 trading sessions. Guys, this is almost like they are preparing for an event and I am excited about that.
4-1-2024 Intel Guru Frank26 You're not going to a mom and pop bank. You're not going to go to a small little bank. You're not going to go to a credit union. You're not going to go to the kiosk at the airport. You're not going to go on some cruise ship in the middle of the Pacific so you can exchange and not have to pay taxes because it's in international water. How stupid is that. You're going to go to...a state bank.
4-1-2024 Newshound Guru Pimpy It really looks good for the future of Iraq. Outside of the corruption that's in the government. If they can stay on the path, Al-Sudani gets a clear path to continue, the future for Iraq's economy looks really good. They should see some economic boom as long as the coordinating framework and those political people that are in power can somehow get out of the way or removed from office altogether...
4-1-2024 Newshound Guru Militia Man Why in the world would anybody want to invest into Iraq if they were going to put their money into Iraq and then they were going to lose? Because if you invest your money in Iraq and they LOP their currency you're not going to make any money, it's a neutral event.
4-1-2024 Newshound/Intel Guru Walkingstick [Report from #1 - his Iraqi bank owner friend in Iraq and in our opinion] The HCL has been long done! ....Article 140 and the disputed territories, done! The redenomination at the onset, that rate is done! Awaiting nothing but the release and implementation of all of this.
4-1-2024 Intel Guru MarkZ [via PDK] Question: Since Sudani has to go to US on April 15th does that mean nothing will happen on the RV until then or after? MarkZ: Many believe he could be coming to the US after the RV for his “victory lap”.
4-1-2024 Newshound Guru Clare Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar" Quote: "Al-Sudani's visit to Washington will be practical and will not be for taking pictures...The Iraqi delegation will ask the American side about the reasons for their decisions to impose sanctions on Iraqi banks... Our expectations are that the visit will be very successful..."
4-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Ramadan is over on the 8th. Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...
4-1-2024 Newshound/Intel Guru Fnu Lnu It is quite clear that the HCL has intentions to codify the issue of welfare (not for government) and the number 1 issue is REVENUE SHARING. To be more specific; Section 1314 of the FY2007 Supplemental Appropriations Act [P.L.110-28] specifically identified the enactment and implementation of legislation “to ensure the equitable distribution of hydrocarbon resources of the people of Iraq without regard to the sect or ethnicity of recipients” and “to ensure that the energy resources of Iraq benefit Sunni Arabs, Shia Arabs, Kurds, and other Iraqi citizens in an equitable manner” as benchmarks. [Post 2 of 2]
4-1-2024 Newshound/Intel Guru Fnu Lnu [Response to Pimpy's HCL non-revenue sharing post from 3-31-2024 below] The notion of revenue-sharing is nothing new in the Middle East. Bruni and Kuwait both do it...Revenue Watch Middle East Director Yahia Said recently returned from several months in Iraq working on the International Compact with the UN...This USIPeace Briefing summarizes the discussion. Many Iraqi citizens look to the law for what it can contribute to reconciliation, security, and welfare. The three parts of the agreement will deal with the issues of 1) revenue sharing; 2) restructuring of the ministry of oil; and 3) establishing the Iraqi National Oil Company (INOC). [Post 1 of 2....stay tuned]
4-1-2024 Newshound Guru Pimpy Community Comment: "It's the exchange rate. I don't know where they get taking zeros off the bills." Every study out there that talks about the deletion of the zeros tells you it comes off the bank notes...If they delete the zeros, your 25,000 becomes a 25 dinar. They're going to take the zeros off [the rate as well]. .00076 becomes .76...still the same value. You have a smaller denominated note but your purchasing power stays the same.
4-1-2024 Intel Guru MarkZ [via PDK] “Iraq’s banking system grows 15.1 percent in 2023 to $158.7 Billion” That is an enormous jump. This is part of the process to reinstate their currency. Deposits continue to increase as more people keep their money in the bank instead of under mattresses.
4-1-2024 Newshound Guru Militia Man Auctions are going to stop as we know them. They're suggesting they have a move... Quote: "The bank said it would stop the platform at the beginning of the year..." But then they moved to next April 1st. That's Monday...It's exciting times to be sure. If they're stopping those auctions as we know them something's going to change.
4-1-2024 Intel Guru Frank26 Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar" THE FINANCIAL FILES WILL REPLACE THE PROGRAM RATE Quote: "The government is planning to reduce the dollar to the official rate." This is certain, but it takes time.
4-1-2024 Intel Guru Texas Snake ...what my banker has just shared with me: “THE LATEST MESSAGE TO ALL REGIONAL CURRENCY EXCHANGE MANAGERS IS TO ADVISE YOUR SPECIALISTS TO BE AVAILABLE FOR DUTY IN THE WEEK FOLLOWING THE EASTER WEEKEND AS OUR
INFORMATION IS ALL REQUIREMENTS HAVE BEEN SATISFIED GLOBALLY AND THE ANNOUNCEMENTS WILL OCCUR IN THE FORTHCOMING WEEK...PLEASE RECOGNIZE WE HAVE HAD SUCH NOTIFICATIONS BEFORE SO HOPEFULLY FURTHER DELAYS WILL BE UNDERSTOOD.”
4-1-2024 Newshound Guru Pimpy It really looks good for the future of Iraq. Outside of the corruption that's in the government. If they can stay on the path, Al-Sudani gets a clear path to continue, the future for Iraq's economy looks really good. They should see some economic boom as long as the coordinating framework and those political people that are in power can somehow get out of the way or removed from office altogether...
4-1-2024 Newshound Guru Militia Man Why in the world would anybody want to invest into Iraq if they were going to put their money into Iraq and then they were going to lose? Because if you invest your money in Iraq and they LOP their currency you're not going to make any money, it's a neutral event.
4-1-2024 Newshound/Intel Guru Walkingstick [Report from #1 - his Iraqi bank owner friend in Iraq and in our opinion] The HCL has been long done! ....Article 140 and the disputed territories, done! The redenomination at the onset, that rate is done! Awaiting nothing but the release and implementation of all of this.
4-1-2024 Intel Guru MarkZ [via PDK] Question: Since Sudani has to go to US on April 15th does that mean nothing will happen on the RV until then or after? MarkZ: Many believe he could be coming to the US after the RV for his “victory lap”.
4-1-2024 Newshound Guru Clare Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar" Quote: "Al-Sudani's visit to Washington will be practical and will not be for taking pictures...The Iraqi delegation will ask the American side about the reasons for their decisions to impose sanctions on Iraqi banks... Our expectations are that the visit will be very successful..."
4-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Ramadan is over on the 8th. Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...
4-1-2024 Newshound/Intel Guru Fnu Lnu It is quite clear that the HCL has intentions to codify the issue of welfare (not for government) and the number 1 issue is REVENUE SHARING. To be more specific; Section 1314 of the FY2007 Supplemental Appropriations Act [P.L.110-28] specifically identified the enactment and implementation of legislation “to ensure the equitable distribution of hydrocarbon resources of the people of Iraq without regard to the sect or ethnicity of recipients” and “to ensure that the energy resources of Iraq benefit Sunni Arabs, Shia Arabs, Kurds, and other Iraqi citizens in an equitable manner” as benchmarks. [Post 2 of 2]
4-1-2024 Newshound/Intel Guru Fnu Lnu [Response to Pimpy's HCL non-revenue sharing post from 3-31-2024 below] The notion of revenue-sharing is nothing new in the Middle East. Bruni and Kuwait both do it...Revenue Watch Middle East Director Yahia Said recently returned from several months in Iraq working on the International Compact with the UN...This USIPeace Briefing summarizes the discussion. Many Iraqi citizens look to the law for what it can contribute to reconciliation, security, and welfare. The three parts of the agreement will deal with the issues of 1) revenue sharing; 2) restructuring of the ministry of oil; and 3) establishing the Iraqi National Oil Company (INOC). [Post 1 of 2....stay tuned]
4-1-2024 Newshound Guru Pimpy Community Comment: "It's the exchange rate. I don't know where they get taking zeros off the bills." Every study out there that talks about the deletion of the zeros tells you it comes off the bank notes...If they delete the zeros, your 25,000 becomes a 25 dinar. They're going to take the zeros off [the rate as well]. .00076 becomes .76...still the same value. You have a smaller denominated note but your purchasing power stays the same.
4-1-2024 Intel Guru MarkZ [via PDK] “Iraq’s banking system grows 15.1 percent in 2023 to $158.7 Billion” That is an enormous jump. This is part of the process to reinstate their currency. Deposits continue to increase as more people keep their money in the bank instead of under mattresses.
4-1-2024 Newshound Guru Militia Man Auctions are going to stop as we know them. They're suggesting they have a move... Quote: "The bank said it would stop the platform at the beginning of the year..." But then they moved to next April 1st. That's Monday...It's exciting times to be sure. If they're stopping those auctions as we know them something's going to change.
4-1-2024 Intel Guru Frank26 Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar" THE FINANCIAL FILES WILL REPLACE THE PROGRAM RATE Quote: "The government is planning to reduce the dollar to the official rate." This is certain, but it takes time.
4-1-2024 Intel Guru Texas Snake ...what my banker has just shared with me: “THE LATEST MESSAGE TO ALL REGIONAL CURRENCY EXCHANGE MANAGERS IS TO ADVISE YOUR SPECIALISTS TO BE AVAILABLE FOR DUTY IN THE WEEK FOLLOWING THE EASTER WEEKEND AS OUR
INFORMATION IS ALL REQUIREMENTS HAVE BEEN SATISFIED GLOBALLY AND THE ANNOUNCEMENTS WILL OCCUR IN THE FORTHCOMING WEEK...PLEASE RECOGNIZE WE HAVE HAD SUCH NOTIFICATIONS BEFORE SO HOPEFULLY FURTHER DELAYS WILL BE UNDERSTOOD.”
3-31-2024 Newshound Guru Pimpy Community Comment: "I printed this executive order out and took it to my my bank manager. She agreed that executive order make the dinar tax exempt." Your bank manager is an expert in tax? ...No it's not exempt from taxes. But if you want to believe that, get your money and don't pay your taxes. Go ahead. I dare you. Anything over $500 on an exchange you have to pay taxes on it...Don't pay your taxes and watch what happens. [Dinar Guru Note: Consult your tax advisors to determine the correct taxes for your unique financial circumstances.]
3-31-2024 Newshound Guru Militia Man Article quote: "...The head of the Parliamentary Finance confirmed the exchange rate will continue to decline according to current data." Exactly. Because once you guys go public and private and you adjust your real effective exchange rate the parallel market goes bye-bye...and the dollar's pricing is going to go down, the dinar is going to get stronger. Exactly what Sudani said...
3-31-2024 Intel Guru Frank26 The next thing I want to see [After the restrictions are lifted on the one main Iraqi bank] is the budget being amended and released because then after that it's a domino effect. Everything else will follow it...
3-31-2024 Newshound Guru Kaperoni It has been clearly stated that Iraq's net worth is about 16 trillion dollars including all minerals and oil in the ground. Iraq has over 100 trillion dinar in circulation. There can never be a significant RV.
3-31-2024 Newshound/Intel Guru Fnu Lnu There is nowhere near 80 trillion Dinar in circulation. Much of it has been destroyed, huge sums are frozen in Nostro / Vostro accounts, and many banks have foreign reserves which are NOT circulating. 97% of the three zero notes have been taken off the streets in Iraq already and destroyed. It simply isn't true nor is it accurate on both counts.
3-31-2024 Newshound Guru Pimpy Where did anybody get the information that the Iraqi citizens were going to be paid for the hydrocarbon law? ...I've heard that rumor so many times and still to this day cannot figure out where it comes from...Iraq's hydrocarbon law revenue sharing include the Council of Ministers...[and]... Federal Oil and Gas council... Nowhere in the hydrocarbon law...does it say anywhere in there about disbursement to the Iraqi people...I haven't been able to find anything in which the Iraqi citizens are able to benefit from the hydrocarbon law. They're not getting payment whatsoever...
3-31-2024 Newshound Guru Militia Man Article quote: "Minister of Finance ...will launch funding for the government tomorrow Sunday...explained the value of salaries amounts to 69 trillion dinars." 69 trillion is over half what they've ever printed. It doesn't make any sense. How do you have a 228 trillion budget when you don't ever have that much money?
3-31-2024 Intel Guru Frank26 The CBI announcement - We believe it's about the currency. We believe it's about the auctions. We believe it's about a change in the auctions, a metamorphosis of the auctions which is exactly what the US Treasury wanted in order to have security and stability in the bank, which was exactly what was needed in order to bring forth a new exchange rate for their currency.
3-31-2024 Intel Guru Bruce [via WiserNow] Iraq has a new rate on their CBI rate, and it's very good and they should be bringing out the international rate on the Iraqi Dinar on Sunday - Easter Sunday...So we're looking to get notified Monday, set appointments...and start on Tuesday with our exchanges...I think we're all set to start.
3-31-2024 Newshound Guru Militia Man Article quote: "...The head of the Parliamentary Finance confirmed the exchange rate will continue to decline according to current data." Exactly. Because once you guys go public and private and you adjust your real effective exchange rate the parallel market goes bye-bye...and the dollar's pricing is going to go down, the dinar is going to get stronger. Exactly what Sudani said...
3-31-2024 Intel Guru Frank26 The next thing I want to see [After the restrictions are lifted on the one main Iraqi bank] is the budget being amended and released because then after that it's a domino effect. Everything else will follow it...
3-31-2024 Newshound Guru Kaperoni It has been clearly stated that Iraq's net worth is about 16 trillion dollars including all minerals and oil in the ground. Iraq has over 100 trillion dinar in circulation. There can never be a significant RV.
3-31-2024 Newshound/Intel Guru Fnu Lnu There is nowhere near 80 trillion Dinar in circulation. Much of it has been destroyed, huge sums are frozen in Nostro / Vostro accounts, and many banks have foreign reserves which are NOT circulating. 97% of the three zero notes have been taken off the streets in Iraq already and destroyed. It simply isn't true nor is it accurate on both counts.
3-31-2024 Newshound Guru Pimpy Where did anybody get the information that the Iraqi citizens were going to be paid for the hydrocarbon law? ...I've heard that rumor so many times and still to this day cannot figure out where it comes from...Iraq's hydrocarbon law revenue sharing include the Council of Ministers...[and]... Federal Oil and Gas council... Nowhere in the hydrocarbon law...does it say anywhere in there about disbursement to the Iraqi people...I haven't been able to find anything in which the Iraqi citizens are able to benefit from the hydrocarbon law. They're not getting payment whatsoever...
3-31-2024 Newshound Guru Militia Man Article quote: "Minister of Finance ...will launch funding for the government tomorrow Sunday...explained the value of salaries amounts to 69 trillion dinars." 69 trillion is over half what they've ever printed. It doesn't make any sense. How do you have a 228 trillion budget when you don't ever have that much money?
3-31-2024 Intel Guru Frank26 The CBI announcement - We believe it's about the currency. We believe it's about the auctions. We believe it's about a change in the auctions, a metamorphosis of the auctions which is exactly what the US Treasury wanted in order to have security and stability in the bank, which was exactly what was needed in order to bring forth a new exchange rate for their currency.
3-31-2024 Intel Guru Bruce [via WiserNow] Iraq has a new rate on their CBI rate, and it's very good and they should be bringing out the international rate on the Iraqi Dinar on Sunday - Easter Sunday...So we're looking to get notified Monday, set appointments...and start on Tuesday with our exchanges...I think we're all set to start.
3-30-2024 Newshound Guru Pimpy We're dealing with two different things... We have what's known as the nominal value, which is the numbers on the bank notes and then we have an exchange rate value. That's two different things.
3-30-2024 Newshound Guru Militia Man The Iraqi dinar is not a scam. It's a real currency. It's a real country. It's a real government...It's going to be a real component to the international financial world...
3-30-2024 Intel Guru Frank26 Question "Should we exchange all our dinar at the first meeting or just a little amount at a time?" That's your prerogative. You have to make your own decisions. I'm not going to tell you what to do. Let's pretend you have a million dinars. I wouldn't exchange all of it. Why? Because the Iraqi dinar is going to float. It may float by itself or it may float in a basket but either way it's going to gain value in the international market. Whatever rate they come out at I'll exchange at that rate and I'll hold back some of it because as time goes by the rate will increase and I'll make more profit. [Dinar Guru Note: Consult your financial advisor team to build the best exchange strategy for your unique circumstances.]
3-30-2024 Newshound Guru Paulette They [Central Bank of Iraq] have 135 tons of gold which has a value of about 7.5 billion USD...not a whole lot to back trillions of IQD...I know Iraq has a lot of gold in the ground but that is not property of the CBI
3-30-2024 Newshound Guru Sandy Ingram I would say [They] do not want us to have wealth from our investment in the Iraqi dinar. Why? Because it would become too difficult for them to continue to control us. We are the ones they do not want to give power to...When I...imply Iraq will go on to readjust its currency and we may not be privileged to participate in the profits this is where I am coming from. Iraq readjusting its currency does not mean the country will join the global financial platforms. Saddam never did and his currency was worth 1 dinar to 3 US dollars...Will they allow the people of Iraq to connect with the people outside of Iraq on the Forex market?
3-30-2024 Intel Guru MarkZ [via PDK] I believe we are just waiting on a REER (Real Effective Exchange rate) right now. The question is what are they waiting for on the timing? I hear from banking contacts, government contacts, A Ministry of Finance contact in Iraq…that they just need the announcement of the REER. Question: So we wait for the REER- and then it will float up? MarkZ: Not necessarily. If the rate is high enough …and we believe it will come in higher and not float...We believe the REER is coming in strong.
3-30-2024 Newshound Guru Pimpy This is [from] the World Bank data bank - Real Effective Exchange Rate is the nominal effective exchange rate in measure of the value of a currency against a weighted average of several foreign currencies divided by a price denominator or index of costs... Iraq already reports a real effective exchange rate. They report it all the time...It's reported to the IMF regularly...
3-30-2024 Intel Guru yada We are practically sitting on it, all things in Iraq are in place, markets are set to explode with the increased spending in Iraq, and the REER is about to be seen. Before 4-1-24
3-30-2024 Newshound Guru Militia Man The 15th of April, I'll tell you this, most likely what...Sudani, Alaq, all those folks in the Ministerial Council of Economics, they're working their tails off to make sure to make sure they're ready, if not done, well before Al-Sudani shows. Because if he's coming to town and he wants bargaining chips and I'm pretty sure a real effect exchange rate is going to be one of those bargaining chips.
3-30-2024 Newshound/Intel Guru Mnt Goat I know it’s been a very long road for us investors but we will get to the end of this and we can now see the writing is on the wall...we must...follow the 2011 plan and it is going to lead us to the RV, whenever that occurs. We can see now their next step ...we can clearly see it is VERY, VERY close, according to the interview with Salih.
3-30-2024 Intel Guru Frank26 Minister of Finance..in Washington DC. He's not there to see the president of the United States. He's there to deal with the exchange rate of their country not with the American dollar.
3-30-2024 Newshound Guru Militia Man The Iraqi dinar is not a scam. It's a real currency. It's a real country. It's a real government...It's going to be a real component to the international financial world...
3-30-2024 Intel Guru Frank26 Question "Should we exchange all our dinar at the first meeting or just a little amount at a time?" That's your prerogative. You have to make your own decisions. I'm not going to tell you what to do. Let's pretend you have a million dinars. I wouldn't exchange all of it. Why? Because the Iraqi dinar is going to float. It may float by itself or it may float in a basket but either way it's going to gain value in the international market. Whatever rate they come out at I'll exchange at that rate and I'll hold back some of it because as time goes by the rate will increase and I'll make more profit. [Dinar Guru Note: Consult your financial advisor team to build the best exchange strategy for your unique circumstances.]
3-30-2024 Newshound Guru Paulette They [Central Bank of Iraq] have 135 tons of gold which has a value of about 7.5 billion USD...not a whole lot to back trillions of IQD...I know Iraq has a lot of gold in the ground but that is not property of the CBI
3-30-2024 Newshound Guru Sandy Ingram I would say [They] do not want us to have wealth from our investment in the Iraqi dinar. Why? Because it would become too difficult for them to continue to control us. We are the ones they do not want to give power to...When I...imply Iraq will go on to readjust its currency and we may not be privileged to participate in the profits this is where I am coming from. Iraq readjusting its currency does not mean the country will join the global financial platforms. Saddam never did and his currency was worth 1 dinar to 3 US dollars...Will they allow the people of Iraq to connect with the people outside of Iraq on the Forex market?
3-30-2024 Intel Guru MarkZ [via PDK] I believe we are just waiting on a REER (Real Effective Exchange rate) right now. The question is what are they waiting for on the timing? I hear from banking contacts, government contacts, A Ministry of Finance contact in Iraq…that they just need the announcement of the REER. Question: So we wait for the REER- and then it will float up? MarkZ: Not necessarily. If the rate is high enough …and we believe it will come in higher and not float...We believe the REER is coming in strong.
3-30-2024 Newshound Guru Pimpy This is [from] the World Bank data bank - Real Effective Exchange Rate is the nominal effective exchange rate in measure of the value of a currency against a weighted average of several foreign currencies divided by a price denominator or index of costs... Iraq already reports a real effective exchange rate. They report it all the time...It's reported to the IMF regularly...
3-30-2024 Intel Guru yada We are practically sitting on it, all things in Iraq are in place, markets are set to explode with the increased spending in Iraq, and the REER is about to be seen. Before 4-1-24
3-30-2024 Newshound Guru Militia Man The 15th of April, I'll tell you this, most likely what...Sudani, Alaq, all those folks in the Ministerial Council of Economics, they're working their tails off to make sure to make sure they're ready, if not done, well before Al-Sudani shows. Because if he's coming to town and he wants bargaining chips and I'm pretty sure a real effect exchange rate is going to be one of those bargaining chips.
3-30-2024 Newshound/Intel Guru Mnt Goat I know it’s been a very long road for us investors but we will get to the end of this and we can now see the writing is on the wall...we must...follow the 2011 plan and it is going to lead us to the RV, whenever that occurs. We can see now their next step ...we can clearly see it is VERY, VERY close, according to the interview with Salih.
3-30-2024 Intel Guru Frank26 Minister of Finance..in Washington DC. He's not there to see the president of the United States. He's there to deal with the exchange rate of their country not with the American dollar.
3-29-2024 Intel Guru MarkZ [via PDK] We do have some reports from some bankers and they were requested not to leave their area this weekend. That is a bit of a change. Even my redemption center contact in Virginia is hearing they have to stay within a 2 hour traveling distance this weekend…even if its Easter weekend. I think that is interesting.
3-29-2024 Intel Guru Wolverine There is a lot happening right now...the process has started, and we WILL have a beautiful week coming up...We need the notifications for Tier4B, and we are sure to get that this weekend...We are THAT close!
3-29-2024 Intel Guru FRANK26 We are in the mode of anticipation. We're not in the mode of study. There's no more files to crack. We're sitting here waiting for them and the big thing I'm waiting for is the announcement that all the restrictions have been lifted. But it's only on one Iraqi bank. It's a lot closer than we realize...
3-29-2024 Newshound/Intel Guru Fnu Lnu It is disingenuous to try to say that Iraq ONLY has a net worth of 16 trillion dollars. Those calculations do not account for many factors like tourism, a monumental gold deposit that is never spoken of, port revenues, tariffs...etc.
3-29-2024 Intel Guru Bruce [via WiserNow] First of all, all sanctions with one of our US banks were dropped by Iraq. We dropped sanctions...On Iraq I think about three or four days ago...Everything's clear from that point of view.
3-29-2024 Newshound/Intel Guru Walkingstick The 228 trillion budget is going to turn into 22.8 billion dinars at 1 to 1 rate, along with the lower notes.
3-29-2024 Newshound Guru Pimpy The IMF, WTO, World Bank and whoever don't have a say whether or not Iraq LOPS off their zeros. That is decided by the Central Bank of Iraq as well as the government of Iraq. You're confusing the 'lopping of the zeros', 'the deletion of the zeros', 'the reducing of the zeros', 'the removing of the zeros', as somehow a loss in value. It is a neutral event. It doesn't affect outside investment into the Iraqi dinar. I told you when you remove the zeros all you're doing is lowing the nominal value of the currency. Has nothing to do Iraq's exchange rate versus other wold currencies - noting whatsoever.
3-29-2024 Newshound Guru Militia Man When people suggest they're going to LOP the currency ask them about...How is it that a country that's worth $16 to $17 trillion with no inflation is going to LOP their currency? And that would be allowed by the IMF, the Bank of International Settlements and the WTO...US Treasury? Why would they be able to just erase the value of the currency when the US Treasury holds lets say 7, 9, 10 trillion dinar? ...This is what's in the news. This is what's reality...
3-29-2024 Intel Guru MarkZ [via PDK] I am getting back and forth news from groups. Some say it’s happening now and some say May…. They are really bouncing back and forth.
3-29-2024 Intel Guru Frank26 I strongly believe [The foreign minister] is in Washington right now showing the United States Treasury the new exchange rate and then on April the 15th when Sudani goes to the president of the United States he will see him with a great authority with great power...
3-29-2024 Newshound/Intel Guru Mnt Goat But slow down cowboy, I did not yet say reinstatement...this is going to be first an in-country revaluation... We don’t actually know the next “program” rate revaluation from 1320, but we do know with certainly it must be over a dollar. How much over to give enough incentive to turn in the dollars, we don’t know. ... We are not going to exchange at this rate anyhow. Later, after the reinstatement, If you live in the U.S. you will get the U.S. rate, if in Canada you will get the Canadian rate or if you live in the EU you will get the European rate. I told it will be significantly higher than the initial in-country rate by the time we see it and go to the bank... [Post 2 of 2]
3-29-2024 Newshound/Intel Guru Mnt Goat ...it is very significant to collect...dollars stashed in the homes of the citizens. This is the next step. But they told us the CBI would not take this next big step, to collect all this cash, unless they first got the parallel market under control. Now they are telling us it is under control. ...But how will the CBI get all these hordes of cash out of the homes and into the banks? ...Yes, more purchasing power...But how do you get more purchasing power? You must increase the rate of the dinar and I firmly believe this will be next step and this is coming soon, VERY soon! [Post 1 of 2....stay tuned]
3-29-2024 Intel Guru Wolverine There is a lot happening right now...the process has started, and we WILL have a beautiful week coming up...We need the notifications for Tier4B, and we are sure to get that this weekend...We are THAT close!
3-29-2024 Intel Guru FRANK26 We are in the mode of anticipation. We're not in the mode of study. There's no more files to crack. We're sitting here waiting for them and the big thing I'm waiting for is the announcement that all the restrictions have been lifted. But it's only on one Iraqi bank. It's a lot closer than we realize...
3-29-2024 Newshound/Intel Guru Fnu Lnu It is disingenuous to try to say that Iraq ONLY has a net worth of 16 trillion dollars. Those calculations do not account for many factors like tourism, a monumental gold deposit that is never spoken of, port revenues, tariffs...etc.
3-29-2024 Intel Guru Bruce [via WiserNow] First of all, all sanctions with one of our US banks were dropped by Iraq. We dropped sanctions...On Iraq I think about three or four days ago...Everything's clear from that point of view.
3-29-2024 Newshound/Intel Guru Walkingstick The 228 trillion budget is going to turn into 22.8 billion dinars at 1 to 1 rate, along with the lower notes.
3-29-2024 Newshound Guru Pimpy The IMF, WTO, World Bank and whoever don't have a say whether or not Iraq LOPS off their zeros. That is decided by the Central Bank of Iraq as well as the government of Iraq. You're confusing the 'lopping of the zeros', 'the deletion of the zeros', 'the reducing of the zeros', 'the removing of the zeros', as somehow a loss in value. It is a neutral event. It doesn't affect outside investment into the Iraqi dinar. I told you when you remove the zeros all you're doing is lowing the nominal value of the currency. Has nothing to do Iraq's exchange rate versus other wold currencies - noting whatsoever.
3-29-2024 Newshound Guru Militia Man When people suggest they're going to LOP the currency ask them about...How is it that a country that's worth $16 to $17 trillion with no inflation is going to LOP their currency? And that would be allowed by the IMF, the Bank of International Settlements and the WTO...US Treasury? Why would they be able to just erase the value of the currency when the US Treasury holds lets say 7, 9, 10 trillion dinar? ...This is what's in the news. This is what's reality...
3-29-2024 Intel Guru MarkZ [via PDK] I am getting back and forth news from groups. Some say it’s happening now and some say May…. They are really bouncing back and forth.
3-29-2024 Intel Guru Frank26 I strongly believe [The foreign minister] is in Washington right now showing the United States Treasury the new exchange rate and then on April the 15th when Sudani goes to the president of the United States he will see him with a great authority with great power...
3-29-2024 Newshound/Intel Guru Mnt Goat But slow down cowboy, I did not yet say reinstatement...this is going to be first an in-country revaluation... We don’t actually know the next “program” rate revaluation from 1320, but we do know with certainly it must be over a dollar. How much over to give enough incentive to turn in the dollars, we don’t know. ... We are not going to exchange at this rate anyhow. Later, after the reinstatement, If you live in the U.S. you will get the U.S. rate, if in Canada you will get the Canadian rate or if you live in the EU you will get the European rate. I told it will be significantly higher than the initial in-country rate by the time we see it and go to the bank... [Post 2 of 2]
3-29-2024 Newshound/Intel Guru Mnt Goat ...it is very significant to collect...dollars stashed in the homes of the citizens. This is the next step. But they told us the CBI would not take this next big step, to collect all this cash, unless they first got the parallel market under control. Now they are telling us it is under control. ...But how will the CBI get all these hordes of cash out of the homes and into the banks? ...Yes, more purchasing power...But how do you get more purchasing power? You must increase the rate of the dinar and I firmly believe this will be next step and this is coming soon, VERY soon! [Post 1 of 2....stay tuned]
3-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy says the only way they would stop funding the budget and stop everything is to make a rate change in the budget...the new rate will produce excess funds to cover the reform projects...He says when that budget gets done this weekend and if it is amended the rate change will come real close in his opinion... FRANK: I agree 100%...once we see the budget amended and released it will expose a new exchange rate. I don't think that a simple rate of 1 to 1 is what Sudani is looking for anymore.
3-28-2024 Newshound Guru Militia Man Article quote: "...in addition to the possibility of achieving a significant increase in its Financial incomes that would raise the purchasing power of the Iraqi individual..." To me that's massive because...they're talking about raising the purchasing power of the Iraqi dinar. How do you raise the purchasing power of the Iraqi dinar without changing the exchange rate? Obviously...they can't.
3-28-2024 Intel Guru MarkZ [via PDK] COMMENT: Sudani is supposed to be in the US on April 15th. MARKZ: Personally I think Sudani may be here for a “victory lap” after we have already started doing out exchange.
3-28-2024 Newshound Guru Kaperoni Iraq only has a net worth of about $16 trillion dollars including all minerals and oil in the ground. With over 80 trillion dinar in circulation they could never significantly RV the Iraqi dinar....
3-28-2024 Newshound Guru Sandy Ingram We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar.
3-28-2024 Intel Guru MarkZ [via PDK] Question: Do we have the green light yet Mark? MarkZ: I think we have the green light. I am looking forward to what the next few days bring.
3-28-2024 Newshound Guru Pimpy When they re-denominate all currencies are going to have a new look. Most likely what you're going to see is the same thing you see here in the United States. We have a $100... $50...$20... $10...$5... and $1 bill. Most likely that's what you're going to see in the dinars...
3-28-2024 Newshound Guru Militia Man Article Quote: "Advisor to the Prime Minister al-Sudani...the global economic community estimates as a stock capital at prevailing price today, Iraq's worth about $16 to $17 trillion U.S. dollar" It's a lot...Instead of having people come in and mine it, take it away and produce and sell it, Iraq's going to mine it, produce it and sell it. They're going to get both sides of the equation...That raises the income stream for Iraq...
3-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that's coming April 1st, our new fiscal year. FRANK: So much is now pointing for your 1st quarter. April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April. It seems to me he's going to go see the president with a new exchange rate under his belt...not the weak leadership of a program rate.
3-28-2024 Intel Guru MarkZ [via PDK] Bank story: One of our members had a friend go to a bank in N. Carolina yesterday. They had a conversation with a branch manager. They talked about an hour on life, currencies, expectations etc. The Bank manager said they are absolutely prepared for this. He said he knew a lot of banks were avoiding it but they were preparing for it. He said “We don’t know the timing but it could be at any moment” So they were having a very long conversation with a banker that was clued in, plugged in and prepared...
3-28-2024 Newshound/Inte Guru Mnt Goat Article: "BIDEN TO HOST IRAQI PRIME MINISTER ON APRIL 15: WHITE HOUSE" ...could this visit to Washington talk about the currency reform and getting support for it? Certainly it may and probably will...President Biden is scheduled to meet with the Iraqi Prime Minister Sudani...and dedicate several days to Iraq and the situation in it, a clear signal of respect for the Prime Minister and Iraq’s political and international standing. Talks I am sure will be mostly about the Status of Forces Agreement.
3-28-2024 Newshound Guru Militia Man Article quote: "...in addition to the possibility of achieving a significant increase in its Financial incomes that would raise the purchasing power of the Iraqi individual..." To me that's massive because...they're talking about raising the purchasing power of the Iraqi dinar. How do you raise the purchasing power of the Iraqi dinar without changing the exchange rate? Obviously...they can't.
3-28-2024 Intel Guru MarkZ [via PDK] COMMENT: Sudani is supposed to be in the US on April 15th. MARKZ: Personally I think Sudani may be here for a “victory lap” after we have already started doing out exchange.
3-28-2024 Newshound Guru Kaperoni Iraq only has a net worth of about $16 trillion dollars including all minerals and oil in the ground. With over 80 trillion dinar in circulation they could never significantly RV the Iraqi dinar....
3-28-2024 Newshound Guru Sandy Ingram We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar.
3-28-2024 Intel Guru MarkZ [via PDK] Question: Do we have the green light yet Mark? MarkZ: I think we have the green light. I am looking forward to what the next few days bring.
3-28-2024 Newshound Guru Pimpy When they re-denominate all currencies are going to have a new look. Most likely what you're going to see is the same thing you see here in the United States. We have a $100... $50...$20... $10...$5... and $1 bill. Most likely that's what you're going to see in the dinars...
3-28-2024 Newshound Guru Militia Man Article Quote: "Advisor to the Prime Minister al-Sudani...the global economic community estimates as a stock capital at prevailing price today, Iraq's worth about $16 to $17 trillion U.S. dollar" It's a lot...Instead of having people come in and mine it, take it away and produce and sell it, Iraq's going to mine it, produce it and sell it. They're going to get both sides of the equation...That raises the income stream for Iraq...
3-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that's coming April 1st, our new fiscal year. FRANK: So much is now pointing for your 1st quarter. April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April. It seems to me he's going to go see the president with a new exchange rate under his belt...not the weak leadership of a program rate.
3-28-2024 Intel Guru MarkZ [via PDK] Bank story: One of our members had a friend go to a bank in N. Carolina yesterday. They had a conversation with a branch manager. They talked about an hour on life, currencies, expectations etc. The Bank manager said they are absolutely prepared for this. He said he knew a lot of banks were avoiding it but they were preparing for it. He said “We don’t know the timing but it could be at any moment” So they were having a very long conversation with a banker that was clued in, plugged in and prepared...
3-28-2024 Newshound/Inte Guru Mnt Goat Article: "BIDEN TO HOST IRAQI PRIME MINISTER ON APRIL 15: WHITE HOUSE" ...could this visit to Washington talk about the currency reform and getting support for it? Certainly it may and probably will...President Biden is scheduled to meet with the Iraqi Prime Minister Sudani...and dedicate several days to Iraq and the situation in it, a clear signal of respect for the Prime Minister and Iraq’s political and international standing. Talks I am sure will be mostly about the Status of Forces Agreement.
3-27-2024 Intel Guru Frank26 IMO the United States of America has been paid in full...mission accomplished...IMO Iraq and the United States have come to an agreement on many files and the one important file was the sanctions on the banks that needed to be lifted...There is a lot happening. It is complex. It is tedious. It's all concerning the monetary reform.
3-27-2024 Newshound Guru Pimpy Surprise! I literally just a couple months ago was looking up the steps Iraq has to take in order to get back on the Swift system and it listed everything saying they were in the process. That's all it said. Apparently they are beyond the process and they've been through the process since the end of 2022 beginning of 2023. Great, that's another big accomplishment for Iraq. We need to make sure restrictions under the currency are lifted. We need for them to get into the World Trade Organization and we need to see them on the Forex. Those things have got to be coming soon. This is exciting new for Iraq....
3-27-2024 Intel Guru MarkZ [via PDK] ...bank story...One of our members went into a Wells Fargo and spoke to a manger. She asked if all the recent redecorating was because they were going to be a redemption center. The manager said “As a matter of fact –yes.” Then went on to say that they have to wait for a notifications to start... I thought this was positive as we so rarely get a positive story from WF.
3-27-2024 Newshound Guru Militia Man Article: "Fouad Hussein: America avoids talking about sanctions against Iraqi banks" The banks that were sanctioned were likely ones that may have had connections to the crime of the century. Those arrest warrants for many in the previous government are fresh in the news. Regardless the US Treasury has more important things to talk about. They are talking reforming the banks and financial issues above and beyond energy!! Things are coming along very well. They are setting the stage in the USA and the UK, while informing us all along the way.. I so very like today's news.. It is amazing.
3-27-2024 Newshound/Intel Guru Walkingstick The citizens of Iraq are not exchanging for the float. They're exchanging for purchasing power. That's all the Iraqi citizens get. They only get purchasing power of their currency which is everything to them.
3-27-2024 Intel Guru Bruce [via WiserNow] I think we're going to be pleasantly surprised by what should be happening this Easter week...Thursday is looking very good for us...So the idea is that we do get started this week before the end of the month and that's a very positive thing...that is really good news...I'm excited about this week guys...
3-27-2024 Newshound Guru Sandy Ingram A pivotal moment looms on the horizon with Iraqi Prime Minister Mohammed Shia al-Sudani slated to visit Washington DC on April 15, 2024. President Biden is set to host this crucial meeting...It's not all about military...the meeting is also expected to tour upon Iraqi financial reforms...This is the reason this meeting is important for Iraqi dinar investors. The US...undoubtedly has a vested interest in the successful implementation of these reforms.
3-27-2024 Intel Guru Frank26 All the contracts that Al-Sudani signed around the world are now being recalculated and being converted into dinars...That takes guts to do that. Normally a country would simply walk away and say forget you, up yours. But right now Sudani has so much power, he is in so much control that the world will bow to any of his demands concerning the economic reform of Iraq all because the monetary reform was successful and proven to them. They all want a piece of Iraq, at whatever cost.
3-27-2024 Newshound/Intel Guru Fnu Lnu The Dinar Mythology surrounding this EO is amazing...It says exactly NOTHING about buying Dinar. Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq... Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise. The Executive Order also declares a national emergency to deal with the threat to a peaceful reconstruction of Iraq, which US Presidents have renewed every year since, most recently in May 2023.
3-27-2024 Intel Guru MarkZ [via PDK] There are some meetings with Iraqi ministers in DC and some at the UN in New York. We will not see Sudani until April 15th…but no part of me thinks they would pull the trigger with him not in his own country. Comment: IMO Sudani isn’t coming here on 4/15 to raise rates after he leaves…i think he is taking a victory lap because it will RV before he comes. MarkZ: That is what I think is going to happen. My gut is screaming somewhere between now and next Wednesday based on what I am hearing...but nobody knows the exact timing. I certainly am feeling good about it.
3-27-2024 Newshound Guru Pimpy Community Comment: "George Bush once stated the war will eventually pay for itself." Nope that was Paul Wolfowitz. He worked for the Bush Administration but it was not George Bush who said that.
3-27-2024 Newshound Guru Militia Man Article: "Investing Iraq's natural wealth is a step towards economic integration". The next step to integration is here. The estimate of $16-17 trillion in stock capital by itself is massive. The legislation has been put in place for Iraq to use their executive authority to partner with the private sector...That will expand their wealth even further. They will be doing exactly what they said they would do and bring purchase power to their citizens and by extension to investors in and of the Iraqi Dinar. The dinar will be stronger than the dollar and Al-Sudani knows it, Al-Alaq, Taif Sami, Fuad Hussein and the whole MCOE knows it, I sure do too! ...No more reliance on just oil is here to stay...
3-27-2024 Newshound Guru Clare Article: "Natural resources in Iraq...a huge treasure neglected by an “official decision”!" Quote: unfair government decisions have deprived Iraq of huge billion-dollar revenues...It has natural resources ... such as oil, natural gas, phosphate, sulfur, and other minerals...Estimations indicate the value of Iraqi natural resources reaches up to 16 trillion dollars...this puts Iraq in a distinguished position among the countries of the world rich in natural resources...For example...Iraq’s possession of 9% of the global phosphate reserve, and phosphate exports can generate tens of billions of revenues annually for the Iraqi treasury.
3-27-2024 Intel Guru Frank26 No bank is going to exchange your Iraqi dinars. It is the wealth management departments. For example the one that we're using Chase is using JP Morgan. Chase is not going to exchange your dinar. JP Morgan is...
3-27-2024 Intel Guru RayRen98 STOP LOOKING FOR IT "TODAY...THIS HOUR...THIS MINUTE." IT'S COMING SHORTLY.
3-27-2024 Intel Guru MarkZ [via PDK] We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time.
3-27-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS NINTH IN THE WORLD IN NATURAL RESOURCE RESERVES.." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years." OK, so if this is part of the Basel IV currency valuation algorithm then where is it reflected in the rate of the dinar? Why is it still 1/6 of a penny? Folks is just doesn’t make any sense. The IMF and the US Treasury are artificially suppressing the rate of the dinar. Remember VALUE and RATE are two different items and the value should be reflected honestly in the rate...
3-27-2024 Newshound Guru Pimpy Surprise! I literally just a couple months ago was looking up the steps Iraq has to take in order to get back on the Swift system and it listed everything saying they were in the process. That's all it said. Apparently they are beyond the process and they've been through the process since the end of 2022 beginning of 2023. Great, that's another big accomplishment for Iraq. We need to make sure restrictions under the currency are lifted. We need for them to get into the World Trade Organization and we need to see them on the Forex. Those things have got to be coming soon. This is exciting new for Iraq....
3-27-2024 Intel Guru MarkZ [via PDK] ...bank story...One of our members went into a Wells Fargo and spoke to a manger. She asked if all the recent redecorating was because they were going to be a redemption center. The manager said “As a matter of fact –yes.” Then went on to say that they have to wait for a notifications to start... I thought this was positive as we so rarely get a positive story from WF.
3-27-2024 Newshound Guru Militia Man Article: "Fouad Hussein: America avoids talking about sanctions against Iraqi banks" The banks that were sanctioned were likely ones that may have had connections to the crime of the century. Those arrest warrants for many in the previous government are fresh in the news. Regardless the US Treasury has more important things to talk about. They are talking reforming the banks and financial issues above and beyond energy!! Things are coming along very well. They are setting the stage in the USA and the UK, while informing us all along the way.. I so very like today's news.. It is amazing.
3-27-2024 Newshound/Intel Guru Walkingstick The citizens of Iraq are not exchanging for the float. They're exchanging for purchasing power. That's all the Iraqi citizens get. They only get purchasing power of their currency which is everything to them.
3-27-2024 Intel Guru Bruce [via WiserNow] I think we're going to be pleasantly surprised by what should be happening this Easter week...Thursday is looking very good for us...So the idea is that we do get started this week before the end of the month and that's a very positive thing...that is really good news...I'm excited about this week guys...
3-27-2024 Newshound Guru Sandy Ingram A pivotal moment looms on the horizon with Iraqi Prime Minister Mohammed Shia al-Sudani slated to visit Washington DC on April 15, 2024. President Biden is set to host this crucial meeting...It's not all about military...the meeting is also expected to tour upon Iraqi financial reforms...This is the reason this meeting is important for Iraqi dinar investors. The US...undoubtedly has a vested interest in the successful implementation of these reforms.
3-27-2024 Intel Guru Frank26 All the contracts that Al-Sudani signed around the world are now being recalculated and being converted into dinars...That takes guts to do that. Normally a country would simply walk away and say forget you, up yours. But right now Sudani has so much power, he is in so much control that the world will bow to any of his demands concerning the economic reform of Iraq all because the monetary reform was successful and proven to them. They all want a piece of Iraq, at whatever cost.
3-27-2024 Newshound/Intel Guru Fnu Lnu The Dinar Mythology surrounding this EO is amazing...It says exactly NOTHING about buying Dinar. Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq... Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise. The Executive Order also declares a national emergency to deal with the threat to a peaceful reconstruction of Iraq, which US Presidents have renewed every year since, most recently in May 2023.
3-27-2024 Intel Guru MarkZ [via PDK] There are some meetings with Iraqi ministers in DC and some at the UN in New York. We will not see Sudani until April 15th…but no part of me thinks they would pull the trigger with him not in his own country. Comment: IMO Sudani isn’t coming here on 4/15 to raise rates after he leaves…i think he is taking a victory lap because it will RV before he comes. MarkZ: That is what I think is going to happen. My gut is screaming somewhere between now and next Wednesday based on what I am hearing...but nobody knows the exact timing. I certainly am feeling good about it.
3-27-2024 Newshound Guru Pimpy Community Comment: "George Bush once stated the war will eventually pay for itself." Nope that was Paul Wolfowitz. He worked for the Bush Administration but it was not George Bush who said that.
3-27-2024 Newshound Guru Militia Man Article: "Investing Iraq's natural wealth is a step towards economic integration". The next step to integration is here. The estimate of $16-17 trillion in stock capital by itself is massive. The legislation has been put in place for Iraq to use their executive authority to partner with the private sector...That will expand their wealth even further. They will be doing exactly what they said they would do and bring purchase power to their citizens and by extension to investors in and of the Iraqi Dinar. The dinar will be stronger than the dollar and Al-Sudani knows it, Al-Alaq, Taif Sami, Fuad Hussein and the whole MCOE knows it, I sure do too! ...No more reliance on just oil is here to stay...
3-27-2024 Newshound Guru Clare Article: "Natural resources in Iraq...a huge treasure neglected by an “official decision”!" Quote: unfair government decisions have deprived Iraq of huge billion-dollar revenues...It has natural resources ... such as oil, natural gas, phosphate, sulfur, and other minerals...Estimations indicate the value of Iraqi natural resources reaches up to 16 trillion dollars...this puts Iraq in a distinguished position among the countries of the world rich in natural resources...For example...Iraq’s possession of 9% of the global phosphate reserve, and phosphate exports can generate tens of billions of revenues annually for the Iraqi treasury.
3-27-2024 Intel Guru Frank26 No bank is going to exchange your Iraqi dinars. It is the wealth management departments. For example the one that we're using Chase is using JP Morgan. Chase is not going to exchange your dinar. JP Morgan is...
3-27-2024 Intel Guru RayRen98 STOP LOOKING FOR IT "TODAY...THIS HOUR...THIS MINUTE." IT'S COMING SHORTLY.
3-27-2024 Intel Guru MarkZ [via PDK] We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time.
3-27-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS NINTH IN THE WORLD IN NATURAL RESOURCE RESERVES.." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years." OK, so if this is part of the Basel IV currency valuation algorithm then where is it reflected in the rate of the dinar? Why is it still 1/6 of a penny? Folks is just doesn’t make any sense. The IMF and the US Treasury are artificially suppressing the rate of the dinar. Remember VALUE and RATE are two different items and the value should be reflected honestly in the rate...
3-26-2024 Intel Guru Frank26 The 15th of April is interesting because we have him [PM Sudani] going over there [DC] but do we have to wait until the 15th of April to see the new exchange rate. No. Especially when Sudani says I have an announcement to make to you. He said he would do it during the Ramadan...
3-26-2024 Newshound Guru Pimpy Iraq has now joined the World Free and Special Economic Zones Federation. The other day we read an article about the Europenan Union's reconstruction bank that Iraq has joined. This is something totally different. Another step for Iraq in the right direction.
3-26-2024 Newshound Guru Militia Man Having this LOP information of 1310 is ridiculous, it's reckless...They said they're going to have a lofty exchange rate to expose. If that's the case, lets see what they have and how they play it out...I think it's going to be phenomenal.
3-26-2024 Newshound Guru Clare Article: "From Tuesday until Saturday.. Iraq announces the Eid al-Fitr holiday" Quote: "The Iraqi government announced the Eid al-Fitr holiday, which extends from the ninth of next April until the 13th... official working hours will resume in all government institutions, On Sunday, April 14, 2024."
3-26-2024 Intel Guru MarkZ [via PDK] “Customers at the Central Bank of Iraq, which says many foreign trade transactions now go through its electronic platform” This tells me that some of the Iraqi sanctions may have been lifted as we speak. The key is when will we see the rate? I don’t know what to expect yet on that front. There is a lot of positive chatter that it could be imminent. I might actually purchase some champagne.
3-26-2024 Newshound Guru Paulette Comment: "Biden has nothing to do with this but the feet dragging in Iraq has become the constant..." The "Biden Regime" has everything to do with this...Just look at the currency sales numbers and you should see why the "Biden Regime" does not want change. You still have the Coalition Provisional Authority functioning in Iraq led by the US...We know from articles last fall that US Receivership is still in place and UN1483 status is unknown...Saleh recently even stated in an interview that even he did not know the status of 1483...not to mention the OFAC sanctions...Yes...the "Biden Regime" has everything to do with this...
3-26-2024 Intel Guru Frank26 IMO all auctions have stopped in their current form...
3-26-2024 Newshound Guru Sandy Ingram There has been no new news from reputable sources on deleting the zeros from the Iraqi dinar currency in recent weeks or months by either the CBI or parliament...The end result of removing the zeros is to make money more manageable. It will not change the currency's value in relation to the U.S. dollar.
3-26-2024 Intel Guru MarkZ [via PDK] We definitely have Iraqi representatives/Ministers inside the US right now. Some are in DC and there are a couple in New York - for UN reasons…which I think is interesting...I don’t expect Sudani to visit DC just yet. I believe his ministers are taking care of it. I believe Sudani would want to be in his own country for the revaluation...To me things are shaping up just as I expected they would at the end...Very positive stuff happening right now.
3-26-2024 Newshound Guru Pimpy People keep taking about the $3.22 rate. In their minds they keep thinking, 'Oh yeah, the $3.22 rate when Iraq had 25,000 notes.' No. That's not the case. That exchange rate is when they had lower denominations, not these these hyper inflated currency...We're all hoping the exchange rate will change without deletion of the zeros. That's what we want. We'll see how that plays out...
3-26-2024 Newshound Guru Militia Man How are they going to attract foreign investment? They're going to open their borders with an International currency ... and they're going to rock and roll. The signs are everywhere. Al Sudani recently said he was going to make a change to the dinar to 1.32 dinars to the dollar, which is about $0.76. But that doesn't include adding the Real Effective Exchange Rate.
3-26-2024 Intel/Newshound Guru Frank26 You've got the prime minister of Iraq already having a discussion with President Trump. You got the prime minister of Iraq already having a discussion with former President Bush. It's interesting now we have the foreign minister in DC...he's talking with the United States Treasury...No one talks to anybody at the White House until April the 15th because...they're not going there to hand them the exchange rate they want to use, they're going there to activate it and tell them that's it...
3-26-2024 Intel Guru yada Question: ...doesn’t executive order 13303, allow the private American citizen to invest in the country of Iraq through its currency? yada: ...from what I know, the EX order's statement was to allow us Americans to be able to benefit in the restructuring of Iraq due to the sacrifice made to liberate them. That was inclusive of buying the dinar. Back in 2014, some tried to exclude us but that was left uncontested and here we are.
3-26-2024 Intel Guru MarkZ [via PDK] COMMENT: Sudani is supposed to be in the US on April 15th. MarkZ: Personally I think Sudani may be here for a “victory lap” after we have already started doing out exchange.
3-26-2024 Newshound Guru Pimpy Iraq has now joined the World Free and Special Economic Zones Federation. The other day we read an article about the Europenan Union's reconstruction bank that Iraq has joined. This is something totally different. Another step for Iraq in the right direction.
3-26-2024 Newshound Guru Militia Man Having this LOP information of 1310 is ridiculous, it's reckless...They said they're going to have a lofty exchange rate to expose. If that's the case, lets see what they have and how they play it out...I think it's going to be phenomenal.
3-26-2024 Newshound Guru Clare Article: "From Tuesday until Saturday.. Iraq announces the Eid al-Fitr holiday" Quote: "The Iraqi government announced the Eid al-Fitr holiday, which extends from the ninth of next April until the 13th... official working hours will resume in all government institutions, On Sunday, April 14, 2024."
3-26-2024 Intel Guru MarkZ [via PDK] “Customers at the Central Bank of Iraq, which says many foreign trade transactions now go through its electronic platform” This tells me that some of the Iraqi sanctions may have been lifted as we speak. The key is when will we see the rate? I don’t know what to expect yet on that front. There is a lot of positive chatter that it could be imminent. I might actually purchase some champagne.
3-26-2024 Newshound Guru Paulette Comment: "Biden has nothing to do with this but the feet dragging in Iraq has become the constant..." The "Biden Regime" has everything to do with this...Just look at the currency sales numbers and you should see why the "Biden Regime" does not want change. You still have the Coalition Provisional Authority functioning in Iraq led by the US...We know from articles last fall that US Receivership is still in place and UN1483 status is unknown...Saleh recently even stated in an interview that even he did not know the status of 1483...not to mention the OFAC sanctions...Yes...the "Biden Regime" has everything to do with this...
3-26-2024 Intel Guru Frank26 IMO all auctions have stopped in their current form...
3-26-2024 Newshound Guru Sandy Ingram There has been no new news from reputable sources on deleting the zeros from the Iraqi dinar currency in recent weeks or months by either the CBI or parliament...The end result of removing the zeros is to make money more manageable. It will not change the currency's value in relation to the U.S. dollar.
3-26-2024 Intel Guru MarkZ [via PDK] We definitely have Iraqi representatives/Ministers inside the US right now. Some are in DC and there are a couple in New York - for UN reasons…which I think is interesting...I don’t expect Sudani to visit DC just yet. I believe his ministers are taking care of it. I believe Sudani would want to be in his own country for the revaluation...To me things are shaping up just as I expected they would at the end...Very positive stuff happening right now.
3-26-2024 Newshound Guru Pimpy People keep taking about the $3.22 rate. In their minds they keep thinking, 'Oh yeah, the $3.22 rate when Iraq had 25,000 notes.' No. That's not the case. That exchange rate is when they had lower denominations, not these these hyper inflated currency...We're all hoping the exchange rate will change without deletion of the zeros. That's what we want. We'll see how that plays out...
3-26-2024 Newshound Guru Militia Man How are they going to attract foreign investment? They're going to open their borders with an International currency ... and they're going to rock and roll. The signs are everywhere. Al Sudani recently said he was going to make a change to the dinar to 1.32 dinars to the dollar, which is about $0.76. But that doesn't include adding the Real Effective Exchange Rate.
3-26-2024 Intel/Newshound Guru Frank26 You've got the prime minister of Iraq already having a discussion with President Trump. You got the prime minister of Iraq already having a discussion with former President Bush. It's interesting now we have the foreign minister in DC...he's talking with the United States Treasury...No one talks to anybody at the White House until April the 15th because...they're not going there to hand them the exchange rate they want to use, they're going there to activate it and tell them that's it...
3-26-2024 Intel Guru yada Question: ...doesn’t executive order 13303, allow the private American citizen to invest in the country of Iraq through its currency? yada: ...from what I know, the EX order's statement was to allow us Americans to be able to benefit in the restructuring of Iraq due to the sacrifice made to liberate them. That was inclusive of buying the dinar. Back in 2014, some tried to exclude us but that was left uncontested and here we are.
3-26-2024 Intel Guru MarkZ [via PDK] COMMENT: Sudani is supposed to be in the US on April 15th. MarkZ: Personally I think Sudani may be here for a “victory lap” after we have already started doing out exchange.
3-25-2024 Intel Guru Frank26 Don't despair if you're having trouble at banks...IMO just go to a bank that exchanges foreign currency. We're using Chase as one example. There's others. Go to that bank and simply open a savings or checking account. If they ask you why do you want to open this checking or savings account tell them because, 'I have money...I want to put into the account.' Once you have your account open, go home and just sit there and wait until it happens...When the blessing occurs go back to that bank and tell them, can I talk to your Wealth Manage Department? They'll send you to the back, away from the bank and they will take care of you...
3-25-2024 Newshound Guru Pimpy People always say, Oh, you know, President Bush said the Iraqi dinar will pay for the war itself. No, what he said was Iraq would pay for the war itself, not the Iraqi dinar. They're talking about the oil. It wasn't even Bush that said that...
3-25-2024 Intel Guru MarkZ [via PDK] We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time.
3-25-2024 Newshound Guru Militia Man The private sector is going to be the fuel to what they consider is the most important project in the world (Development Road project). Their words not mine. Article quote: "The initial designs for the Development Road Project have reached advanced stages... The development road is a vital project, one of the most important projects in the world..."
3-25-2024 Newshound Guru Paulette While Iraq appears to be on the way to a full RI, I believe there will be an interim step very soon. If they make the move I anticipate the MCP will be quickly eliminated and they can proceed to a full RI. A RI is full Article 8 compliance and a return to the rate that reflects the True Value. In 2009, the MOP/MOF stated move to 1.14-1.17USD/IQD and monitor for inflation up to 3 years and then move the rate to reflect the True Value of 3.208USD/IQD. This was the plan of Dr S and it appears they are back on track following that plan.
3-25-2024 Newshound/Intel Guru Fnu Lnu New notes will be a necessity. However, they will be used in the domestic market primarily, as almost everything else will be done electronically. The IMF will not allow member country's to "walk away" from their currency. This new note / delete the zeros paradigm is not complicated. The hand wringing can stop now.
3-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying when Sudani goes to Washington. OMG that's a long time off. Means nothing changing until after that probably, if it does this year. FRANK: I don't care if it happens on the 15th of April. I don't care if it happens tomorrow. I just know it's happening with all that we're seeing. The proof is there. There's no doubt about it.
3-25-2024 Newshound Guru Pimpy Once they re-denominate the old currency is no longer any good. You can exchange it for the new lower bank notes but your higher bank note doesn't have any extra or more purchasing power or more valuable than the new notes.
3-25-2024 Intel Guru MarkZ [via PDK] There is some fun stuff coming from sources over the weekend. Bond contacts really lit up overnight/and over the weekend. One of my contacts that “lit up” after going quiet said they very much expect things by mid-week this week...People who have not been excited for quite awhile are now excited...I am also hearing similar things from my banking side...I understand that the whole process should only be a week long and that the very first things we should see is bond folks getting dollars...We...are supposed to go immediately following bonds.
3-25-2024 Newshound Guru Clare Article: "Government spokesman: The Prime Minister will discuss 5 basic files during his visit to Washington" Quote: "among the files that will be discussed during the visit also are the financial file and what is related to the decisions of the US Treasury, the influence of Iraqi banks and the debts owed by Iraq,"
3-25-2024 Newshound Guru Militia Man Their new accession law seems to be gaining traction with Iraq having accession to the European Bank of Reconstruction and Development and the FEMOZA World Federation of Free Economic Zones. The WTO is likely next in line for Iraq's integration with the international world.
3-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Tv talked about parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have. This is a good sign. They are meeting right before the budget goes to parliament next week. FRANK: Firefly knows if it does go to parliament and they vote, it will expose an exchange rate. Certainly not a program rate.
3-25-2024 Newshound Guru tishwash Article: "The decline of the dollar.. Parliamentary Finance says that the crisis is on its way to ending “finally" Quotes: "The Finance Committee in the Iraqi Parliament confirmed, today, Sunday (March 24, 2024), that the dollar exchange rates in the parallel market will continue to decline until the official price fixed by the Central Bank of Iraq is reached."; "... this crisis are on their way to being resolved once and for all."; "The visit of Prime Minister Muhammad Shia Al-Sudani to Washington is very important at the level of financial and economic files, and Al-Sudani is discussing with the American side strengthening and strengthening the Iraqi dinar"
3-25-2024 Newshound Guru Pimpy People always say, Oh, you know, President Bush said the Iraqi dinar will pay for the war itself. No, what he said was Iraq would pay for the war itself, not the Iraqi dinar. They're talking about the oil. It wasn't even Bush that said that...
3-25-2024 Intel Guru MarkZ [via PDK] We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time.
3-25-2024 Newshound Guru Militia Man The private sector is going to be the fuel to what they consider is the most important project in the world (Development Road project). Their words not mine. Article quote: "The initial designs for the Development Road Project have reached advanced stages... The development road is a vital project, one of the most important projects in the world..."
3-25-2024 Newshound Guru Paulette While Iraq appears to be on the way to a full RI, I believe there will be an interim step very soon. If they make the move I anticipate the MCP will be quickly eliminated and they can proceed to a full RI. A RI is full Article 8 compliance and a return to the rate that reflects the True Value. In 2009, the MOP/MOF stated move to 1.14-1.17USD/IQD and monitor for inflation up to 3 years and then move the rate to reflect the True Value of 3.208USD/IQD. This was the plan of Dr S and it appears they are back on track following that plan.
3-25-2024 Newshound/Intel Guru Fnu Lnu New notes will be a necessity. However, they will be used in the domestic market primarily, as almost everything else will be done electronically. The IMF will not allow member country's to "walk away" from their currency. This new note / delete the zeros paradigm is not complicated. The hand wringing can stop now.
3-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying when Sudani goes to Washington. OMG that's a long time off. Means nothing changing until after that probably, if it does this year. FRANK: I don't care if it happens on the 15th of April. I don't care if it happens tomorrow. I just know it's happening with all that we're seeing. The proof is there. There's no doubt about it.
3-25-2024 Newshound Guru Pimpy Once they re-denominate the old currency is no longer any good. You can exchange it for the new lower bank notes but your higher bank note doesn't have any extra or more purchasing power or more valuable than the new notes.
3-25-2024 Intel Guru MarkZ [via PDK] There is some fun stuff coming from sources over the weekend. Bond contacts really lit up overnight/and over the weekend. One of my contacts that “lit up” after going quiet said they very much expect things by mid-week this week...People who have not been excited for quite awhile are now excited...I am also hearing similar things from my banking side...I understand that the whole process should only be a week long and that the very first things we should see is bond folks getting dollars...We...are supposed to go immediately following bonds.
3-25-2024 Newshound Guru Clare Article: "Government spokesman: The Prime Minister will discuss 5 basic files during his visit to Washington" Quote: "among the files that will be discussed during the visit also are the financial file and what is related to the decisions of the US Treasury, the influence of Iraqi banks and the debts owed by Iraq,"
3-25-2024 Newshound Guru Militia Man Their new accession law seems to be gaining traction with Iraq having accession to the European Bank of Reconstruction and Development and the FEMOZA World Federation of Free Economic Zones. The WTO is likely next in line for Iraq's integration with the international world.
3-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Tv talked about parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have. This is a good sign. They are meeting right before the budget goes to parliament next week. FRANK: Firefly knows if it does go to parliament and they vote, it will expose an exchange rate. Certainly not a program rate.
3-25-2024 Newshound Guru tishwash Article: "The decline of the dollar.. Parliamentary Finance says that the crisis is on its way to ending “finally" Quotes: "The Finance Committee in the Iraqi Parliament confirmed, today, Sunday (March 24, 2024), that the dollar exchange rates in the parallel market will continue to decline until the official price fixed by the Central Bank of Iraq is reached."; "... this crisis are on their way to being resolved once and for all."; "The visit of Prime Minister Muhammad Shia Al-Sudani to Washington is very important at the level of financial and economic files, and Al-Sudani is discussing with the American side strengthening and strengthening the Iraqi dinar"
3-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Talked to bank friend. He told me it seems to be the quiet time but soon news on the amending budget will appear...Nothing will get done, so it's going to be soon. The dropping of the zeros is off the exchange rate...We were told on TV that during next week the 2024 amended budget will arrive at parliament for their vote. FRANK: Stay very close to your friend because at any moment IMO I believe he'll be able to give you what you're looking for, what they promised you.
3-24-2024 Newshound Guru Sandy Ingram Article quote: "Salih summarized on Friday the benefits of Iraq's accession to the membership of the European Bank for Reconstruction and Development." It looks like Iraq is doing everything possible to join the international financial platforms. We need to wait and see how this will affect our ability to exchange our Iraqi dinar bank notes for US dollars.
3-24-2024 Newshound Guru Jeff Parliament can only approve the budget after the rate officially changes. The rate has to officially change before parliament can approve it...
3-24-2024 Newshound Guru Pimpy One of those myths that are out there...Executive order 13303...If you're a new persons investing into the Iraqi dinar you will hear...we're allowed to invest in Iraqi dinar because George Bush signed executive order 13303...Nowhere in executive order 13303 does it state such a thing...Having said that, it doesn't mean you can't invest in Iraqi dinar...Obviously investing in currencies are a thing but nothing in these orders at all say that Bush gave you the right to invest in the Iraqi dinar.
3-24-2024 Intel Guru Frank26 She says to me, this is private banking. None of your information will be shared with anyone. It will not be seen more exposed by any of our tellers. Only people in the wealth management department will see your numbers. The people in the front are for the public. We in the wealth management are separate from them. The bank, they are the public side, we are the private side...You are the highest tier that we offer... [Post 2 of 2]
3-24-2024 Intel Guru Frank26 Hawaiians, your bank is The Bank of Hawaii. They do exchange foreign currency right now. The people that represented us...went past the front line of defense...and got to the wealth management advisors...They did not deny the Iraqi dinar. They knew what was going on...She said, unfortunately brother at this time we are not able to assist you but as the time progresses in the future we will reach out and contact you...When the time comes we can accommodate all functions that you will need from legalities, lawyers, trust funds, foundations, if you want us to collect your property tax and report it we'll do that for you as well. She chose her words very carefully... [Post 1 of 2....stay tuned]
3-24-2024 Newshound Guru Clare Article: "Adviser to the Prime Minister: The decline of the dollar is an indicator of the strength of the dinar and a tangible success of economic policy" Quote: “We indicate the strength of the Iraqi dinar, expressed in the decline in the parallel market rates of exchange in favor of the official exchange rate..."
3-24-2024 Newshound Guru Militia Man Article quote: "Iraq joins FEMOZA" It's the World Federation of Free Economic Zones. Why is this important? Iraq has accession to this...We have the accession law to join the European Bank and now we have the accession to the World Free and special economic zones federation...Both of these entities are about finance and building new industrial cities. If you don't think Iraq is going to go international, you might think again...
3-24-2024 Intel Guru Frank26 Article: "Statement from Press Secretary Karine Jean-Pierre on the Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House On April 15" SUDANI IS NOT GOING TO DC TO GIVE A NEW EXCHANGE RATE... HE IS GOING TO ACTIVATE IT!
3-24-2024 Newshound/Intel Guru Mnt Goat Wars, displacement, and sanctions have left Iraq’s economy underdeveloped and almost solely dependent on oil exports. But things have changed in Iraq and come this mid-year 2024 we are about to see the results of many years or reforms in an explosion of progress in many areas of development in Iraq. You see, all these reforms we all have been reading about in the many articles are all good but unless Iraq actually sees any impact they are meaningless. Oh…but we are about to see the impact and it is going to be HUGE $$$.
3-24-2024 Newshound Guru tishwash Article: "Iraq is ninth in the world in natural resource reserves..." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years."
3-24-2024 Newshound Guru Sandy Ingram Article quote: "Salih summarized on Friday the benefits of Iraq's accession to the membership of the European Bank for Reconstruction and Development." It looks like Iraq is doing everything possible to join the international financial platforms. We need to wait and see how this will affect our ability to exchange our Iraqi dinar bank notes for US dollars.
3-24-2024 Newshound Guru Jeff Parliament can only approve the budget after the rate officially changes. The rate has to officially change before parliament can approve it...
3-24-2024 Newshound Guru Pimpy One of those myths that are out there...Executive order 13303...If you're a new persons investing into the Iraqi dinar you will hear...we're allowed to invest in Iraqi dinar because George Bush signed executive order 13303...Nowhere in executive order 13303 does it state such a thing...Having said that, it doesn't mean you can't invest in Iraqi dinar...Obviously investing in currencies are a thing but nothing in these orders at all say that Bush gave you the right to invest in the Iraqi dinar.
3-24-2024 Intel Guru Frank26 She says to me, this is private banking. None of your information will be shared with anyone. It will not be seen more exposed by any of our tellers. Only people in the wealth management department will see your numbers. The people in the front are for the public. We in the wealth management are separate from them. The bank, they are the public side, we are the private side...You are the highest tier that we offer... [Post 2 of 2]
3-24-2024 Intel Guru Frank26 Hawaiians, your bank is The Bank of Hawaii. They do exchange foreign currency right now. The people that represented us...went past the front line of defense...and got to the wealth management advisors...They did not deny the Iraqi dinar. They knew what was going on...She said, unfortunately brother at this time we are not able to assist you but as the time progresses in the future we will reach out and contact you...When the time comes we can accommodate all functions that you will need from legalities, lawyers, trust funds, foundations, if you want us to collect your property tax and report it we'll do that for you as well. She chose her words very carefully... [Post 1 of 2....stay tuned]
3-24-2024 Newshound Guru Clare Article: "Adviser to the Prime Minister: The decline of the dollar is an indicator of the strength of the dinar and a tangible success of economic policy" Quote: “We indicate the strength of the Iraqi dinar, expressed in the decline in the parallel market rates of exchange in favor of the official exchange rate..."
3-24-2024 Newshound Guru Militia Man Article quote: "Iraq joins FEMOZA" It's the World Federation of Free Economic Zones. Why is this important? Iraq has accession to this...We have the accession law to join the European Bank and now we have the accession to the World Free and special economic zones federation...Both of these entities are about finance and building new industrial cities. If you don't think Iraq is going to go international, you might think again...
3-24-2024 Intel Guru Frank26 Article: "Statement from Press Secretary Karine Jean-Pierre on the Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House On April 15" SUDANI IS NOT GOING TO DC TO GIVE A NEW EXCHANGE RATE... HE IS GOING TO ACTIVATE IT!
3-24-2024 Newshound/Intel Guru Mnt Goat Wars, displacement, and sanctions have left Iraq’s economy underdeveloped and almost solely dependent on oil exports. But things have changed in Iraq and come this mid-year 2024 we are about to see the results of many years or reforms in an explosion of progress in many areas of development in Iraq. You see, all these reforms we all have been reading about in the many articles are all good but unless Iraq actually sees any impact they are meaningless. Oh…but we are about to see the impact and it is going to be HUGE $$$.
3-24-2024 Newshound Guru tishwash Article: "Iraq is ninth in the world in natural resource reserves..." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years."
3-23-2024 Newshound Guru Clare Article "Statement from Press Secretary Karine Jean-Pierre on the Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House" Quote "On April 15, President Joe Biden will welcome Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House to coordinate on common priorities and reinforce the strong bilateral partnership between the United States and Iraq."
3-23-2024 Intel Guru Frank26 When this blessing occurs don't run to the bank. Don't trip over yourself and others. Walk. Take your time. Learn. Look. Ask questions. Learn from other's mistakes. That's what a wise person does. Don't run to the bank. Take your time and understand exactly what you're doing. [NOTE: Be sure you're on the Dinar Guru Official Alert list. You'll get the good bad and ugly of exchange. Enter your name and email in the blue box at the top of this page...it's free.]
3-23-2024 Newshound Guru Pimpy Community Comment "Pimpy needs to understand outside investors of Iraq have absolutely nothing to do with project to delete the zeros. Our 25,000 note will be 25,000 note in America." I'm guessing you think that if they re-denominate the currency inside of Iraq and they change the exchange rate to $0.76, I guess you thought we could take the old currency and exchange it for the current exchange rate. That's not going to happen. I'm telling you right now that's not going to happen...25,000 dinar would be equivalent to the 25 dinar...What Iraq does in country to its currency affects the currency worldwide..
3-23-2024 Newshound Guru Militia Man Article Quote: "Al Sudani of Iraq to the White House to coordinate common priorities and reinforce the strong bilateral partnership between the United States and Iraq. The leaders will reaffirm the commitment to the Strategic framework agreement..." I like that part they will reaffirm it so in other words, if they reaffirm it as it is the United States isn't going anywhere... Quote "Al Sudani of Iraq to the White House on the 15th of April."
3-23-2024 Intel Guru Frank26 The only thing we're waiting for is the new exchange rate. The HCL is waiting for the new exchange rate.
3-23-2024 Newshound Guru Jeff Article: "The White House announces the date of Sudanese's visit to Washington" Three articles tell you that on April 15th Iraq's prime minister Sudani will come to Washington DC to meet with Joe Biden and US official...Iraq has just officially give you the rate change date in these articles. No it is not April 15th. April 15 is not your rate change date... (Kuwait March 24,1991. Sunday.)
3-23-2024 Newshound Guru Samson Article: ”Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House" Quote: "On April 15, President Joe Biden will welcome Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House to coordinate on common priorities and reinforce the strong bilateral partnership between the United States and Iraq."
3-23-2024 Intel Guru Bruce [via WiserNow] For the Last couple of days we have heard that we would get this blessing the RV started an exchange started between now and Sunday...And that does look really good.
3-23-2024 Newshound Guru Clare Article: "For the first time, dollarization decreased by 20% in Iraqi markets"
3-23-2024 Intel Guru Frank26 You're not going to hear to much more about the 'deleting the dinars'. You're going to hear the word 'thinning' a lot...That's what they're using with the Iraqi citizens. They are thinning out the amount of dinars in the street. They are thinning out the zeros in the exchange rate. The CBI is already doing it.
3-23-2024 Newshound/Intel Guru Mnt Goat Article Quote: “...Iraq will leave government cash dealing and switch to 100% electronic collection in mid-2024.” So, by reading today’s article on the surface it seems that Iraq would be doing away with all paper currency as they said “switch to 100% Electronic collection by mid-2024”. But I assure you this is NOT the case... it does NOT say they are doing way with cash altogether, as the Dr. Shabibi plan that I know and have been following very diligently does not indicate this either...this will be a huge milestone in the banking reform process...Iraq has been struggling to get the electronic payment process completed and now they are telling us it will be completed by mid-year 2024. WOW! WOW! WOW!
3-23-2024 Intel Guru MarkZ [via PDK] Comment: 3-24 is the anniversary of the Kuwait RV….Would be a good time to let it go. MarkZ: Yes it would …that would put it on Sunday which is a good day to do it.
3-23-2024 Intel Guru Frank26 When this blessing occurs don't run to the bank. Don't trip over yourself and others. Walk. Take your time. Learn. Look. Ask questions. Learn from other's mistakes. That's what a wise person does. Don't run to the bank. Take your time and understand exactly what you're doing. [NOTE: Be sure you're on the Dinar Guru Official Alert list. You'll get the good bad and ugly of exchange. Enter your name and email in the blue box at the top of this page...it's free.]
3-23-2024 Newshound Guru Pimpy Community Comment "Pimpy needs to understand outside investors of Iraq have absolutely nothing to do with project to delete the zeros. Our 25,000 note will be 25,000 note in America." I'm guessing you think that if they re-denominate the currency inside of Iraq and they change the exchange rate to $0.76, I guess you thought we could take the old currency and exchange it for the current exchange rate. That's not going to happen. I'm telling you right now that's not going to happen...25,000 dinar would be equivalent to the 25 dinar...What Iraq does in country to its currency affects the currency worldwide..
3-23-2024 Newshound Guru Militia Man Article Quote: "Al Sudani of Iraq to the White House to coordinate common priorities and reinforce the strong bilateral partnership between the United States and Iraq. The leaders will reaffirm the commitment to the Strategic framework agreement..." I like that part they will reaffirm it so in other words, if they reaffirm it as it is the United States isn't going anywhere... Quote "Al Sudani of Iraq to the White House on the 15th of April."
3-23-2024 Intel Guru Frank26 The only thing we're waiting for is the new exchange rate. The HCL is waiting for the new exchange rate.
3-23-2024 Newshound Guru Jeff Article: "The White House announces the date of Sudanese's visit to Washington" Three articles tell you that on April 15th Iraq's prime minister Sudani will come to Washington DC to meet with Joe Biden and US official...Iraq has just officially give you the rate change date in these articles. No it is not April 15th. April 15 is not your rate change date... (Kuwait March 24,1991. Sunday.)
3-23-2024 Newshound Guru Samson Article: ”Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House" Quote: "On April 15, President Joe Biden will welcome Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House to coordinate on common priorities and reinforce the strong bilateral partnership between the United States and Iraq."
3-23-2024 Intel Guru Bruce [via WiserNow] For the Last couple of days we have heard that we would get this blessing the RV started an exchange started between now and Sunday...And that does look really good.
3-23-2024 Newshound Guru Clare Article: "For the first time, dollarization decreased by 20% in Iraqi markets"
3-23-2024 Intel Guru Frank26 You're not going to hear to much more about the 'deleting the dinars'. You're going to hear the word 'thinning' a lot...That's what they're using with the Iraqi citizens. They are thinning out the amount of dinars in the street. They are thinning out the zeros in the exchange rate. The CBI is already doing it.
3-23-2024 Newshound/Intel Guru Mnt Goat Article Quote: “...Iraq will leave government cash dealing and switch to 100% electronic collection in mid-2024.” So, by reading today’s article on the surface it seems that Iraq would be doing away with all paper currency as they said “switch to 100% Electronic collection by mid-2024”. But I assure you this is NOT the case... it does NOT say they are doing way with cash altogether, as the Dr. Shabibi plan that I know and have been following very diligently does not indicate this either...this will be a huge milestone in the banking reform process...Iraq has been struggling to get the electronic payment process completed and now they are telling us it will be completed by mid-year 2024. WOW! WOW! WOW!
3-23-2024 Intel Guru MarkZ [via PDK] Comment: 3-24 is the anniversary of the Kuwait RV….Would be a good time to let it go. MarkZ: Yes it would …that would put it on Sunday which is a good day to do it.
3-22-2024 Intel Guru Frank26 Community comment: "That's what's amazing because before you mentioned dinar and they [Banks] are like get out of here, we don't want to talk to you. Now it's like, Oh, please come on in and have a seat." Because that's what they were told to tell you. The upper echelon ...in the banks have to protect their banks...workers, employees... Let's just tell them it's a scam ...They never considered the internet would have a leader that would teach him what to do...
3-22-2024 Newshound Guru Pimpy Article: "Iraq's accession to the European Bank for reconstruction and development" This is another step for Iraq to start working with the International community. This shows outside investors how serious Iraq is of getting back on track.
3-22-2024 Intel Guru MarkZ [via Zester] There is not a lot of news on the RV ...Essentially we we are in a bit of a holding pattern.
3-22-2024 Newshound Guru Clare Article: "Iraq's accession to the European Bank for Reconstruction and Development" Quote: "The Iraqi Fund for External Development in the Ministry of Finance announced on Wednesday that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law."
3-22-2024 Newshound/Intel Guru Fnu Lnu There is a debate over using the term "Redemption" instead of the term "Exchange". What we will be doing is an exchange...A redemption is what you do with poker chips or other tokens. We are exchanging one currency for the equivalent in another currency...What you call it will have NO bearing on your tax status.
3-22-2024 Intel Guru Frank26 I believe, God willing, everything is coming to a culmination, to an apex. That's why so many things, electronic payment system, WTO, Chase [bank] talking...All of these things are for a very good reason and that is we are all going to be exchanging soon.
3-22-2024 Newshound Guru Militia Man 1310, 1460, 1182...they didn't go international with that...Why would you today at 1310? It doesn't make any sense...They had oil at $3.22 to 1 [Back in Saddam's day]...If you reinstate with oil at...$80 to $85 a barrel today ($35 to $40 a barrel back then) and they increased their production since then. Even on that one thing, lopping their currency is ludicrous. It makes no sense to anyone that does basic math.
3-22-2024 Newshound Guru Pimpy The gap between the official and the parallel market exchange rates...is starting to get smaller. Remember they have to be within 5% consistently for a length of time and it absolutely looks like Iraq is accomplishing that so congrats to Iraq.
3-22-2024 Intel Guru MarkZ [via PDK] It has been quiet out of Iraq but, there is lots of expectations...There is movement from what I call a “Massive whale” he’s in between a whale, paymaster and group leader. He was asked to pack his bags and get to Reno. I think that is a positive sign... There has been a lot of travel requests in the last day or so to get headed west.
3-22-2024 Newshound Guru Clare Article: "The battle for the dollar is nearing its end...a sharp decline in exchange rates" Quote: "The prices of the US dollar against the Iraqi dinar closed lower in Baghdad, today, Thursday, with the stock market closed."
3-22-2024 Intel Guru Frank26 You think they froze everything, paying everybody and having a normal functioning government just for the heck of it? You think they did it to 3 budgets retroactive...? There's a new exchange rate...This budget is about to be brought back. The time of overlapping with all the things we're seeing is incredible. It's wonderful. Because they're in the process of raising the value of their currency of course you got to recalculate the budget...
3-22-2024 Newshound Guru tishwash Article: "Adviser to the Prime Minister: The decline of the dollar is an indicator of the strength of the dinar and a tangible success of the economic policy" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the strength of the dinar against the dinar after a relative decline in the exchange rate."
3-22-2024 Intel Guru MarkZ [via PDK] I would like to point that when we talk of redemption centers…these are redeeming bank…BANKS…not some sleezy back alley place. BANK locations with trained staff to exchange currencies and have equipment to verify foreign currency in front of us…
3-22-2024 Newshound Guru Pimpy Article: "Iraq's accession to the European Bank for reconstruction and development" This is another step for Iraq to start working with the International community. This shows outside investors how serious Iraq is of getting back on track.
3-22-2024 Intel Guru MarkZ [via Zester] There is not a lot of news on the RV ...Essentially we we are in a bit of a holding pattern.
3-22-2024 Newshound Guru Clare Article: "Iraq's accession to the European Bank for Reconstruction and Development" Quote: "The Iraqi Fund for External Development in the Ministry of Finance announced on Wednesday that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law."
3-22-2024 Newshound/Intel Guru Fnu Lnu There is a debate over using the term "Redemption" instead of the term "Exchange". What we will be doing is an exchange...A redemption is what you do with poker chips or other tokens. We are exchanging one currency for the equivalent in another currency...What you call it will have NO bearing on your tax status.
3-22-2024 Intel Guru Frank26 I believe, God willing, everything is coming to a culmination, to an apex. That's why so many things, electronic payment system, WTO, Chase [bank] talking...All of these things are for a very good reason and that is we are all going to be exchanging soon.
3-22-2024 Newshound Guru Militia Man 1310, 1460, 1182...they didn't go international with that...Why would you today at 1310? It doesn't make any sense...They had oil at $3.22 to 1 [Back in Saddam's day]...If you reinstate with oil at...$80 to $85 a barrel today ($35 to $40 a barrel back then) and they increased their production since then. Even on that one thing, lopping their currency is ludicrous. It makes no sense to anyone that does basic math.
3-22-2024 Newshound Guru Pimpy The gap between the official and the parallel market exchange rates...is starting to get smaller. Remember they have to be within 5% consistently for a length of time and it absolutely looks like Iraq is accomplishing that so congrats to Iraq.
3-22-2024 Intel Guru MarkZ [via PDK] It has been quiet out of Iraq but, there is lots of expectations...There is movement from what I call a “Massive whale” he’s in between a whale, paymaster and group leader. He was asked to pack his bags and get to Reno. I think that is a positive sign... There has been a lot of travel requests in the last day or so to get headed west.
3-22-2024 Newshound Guru Clare Article: "The battle for the dollar is nearing its end...a sharp decline in exchange rates" Quote: "The prices of the US dollar against the Iraqi dinar closed lower in Baghdad, today, Thursday, with the stock market closed."
3-22-2024 Intel Guru Frank26 You think they froze everything, paying everybody and having a normal functioning government just for the heck of it? You think they did it to 3 budgets retroactive...? There's a new exchange rate...This budget is about to be brought back. The time of overlapping with all the things we're seeing is incredible. It's wonderful. Because they're in the process of raising the value of their currency of course you got to recalculate the budget...
3-22-2024 Newshound Guru tishwash Article: "Adviser to the Prime Minister: The decline of the dollar is an indicator of the strength of the dinar and a tangible success of the economic policy" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the strength of the dinar against the dinar after a relative decline in the exchange rate."
3-22-2024 Intel Guru MarkZ [via PDK] I would like to point that when we talk of redemption centers…these are redeeming bank…BANKS…not some sleezy back alley place. BANK locations with trained staff to exchange currencies and have equipment to verify foreign currency in front of us…
3-21-2024 Intel Guru Frank26 The Minister of Finance together with the World Bank and the government of Iraq is determined to bring forth the monetary reform policy of their currencies, of their bank. This is great news. These are the things we have dreamed about. Many things are coming that are fantastic.
3-21-2024 Newshound Guru Pimpy [The dinar] is a good investment. It's going to take a little time. I know some of you've been in this for 20 years. I understand that. There's no doubt. Just between 2019 to where we are now is leaps and bounds from where we were. It's really crazy.
3-21-2024 Intel Guru MarkZ [via PDK] There are some interesting people doing some traveling – that’s for certain. Maybe it could be this weekend. There are some interesting whales being pushed, pulled and moved suddenly...I cannot tell you which ones and where-for security reasons…But it is exciting. I am not the only person hearing this... We did have a key signatory in Reno over the weekend. I got a verification on that today.
3-21-2024 Newshound Guru Militia Man Deleting the zeros from the notes, how are you going to do that? You're going to re-denominate the currency ...The way to re-denominate is to add value. If you don't add any value, re-
denomination means those that hold currency don't gain anything. I don't think the United States Treasury...Great Britain...Canada...Australia...Coalition forces ...South Koreans came into Iraq to get completely 100% hosed with anything like that...The Project to Delete The Zeros is from the exchange rate. Then, once you delete the zeros from the exchange rate you have a 1 to 1 situation - Not value wise but it's $1 to 1 dinar. Then apply a real effective exchange rate.
3-21-2024 Newshound Guru Jeff The next big step in this is we want to see when Iraq will be amending their budget...They can amend it before or after the rate changes...
3-21-2024 Intel Guru Frank26 Community Comment: "If the current rate is 1320 to 1 and you remove the three zeros wouldn't the new rate be $1.32 to 1?"
Frank26: No...Stop putting a decimal in the 1320...You must understand this relationship as 132 dinars equals $1.00 which is a rate of $0.76. If you have 1 million dinar 760 American dollars. If you have 1 million dinar and they take it to 1 to 1 you have $1 million.
3-21-2024 Newshound/Intel Guru Fnu Lnu There is NO LOP happening and the 1.32 Dinar to $1 USD is in country as the FOREX numbers will be far more attractive.
3-21-2024 Newshound Guru Pimpy The official exchange rate, that's the one we want to change but surely wouldn't want it to change with new re-denominated currency with the deletion of the zeros. I want a nice fat $3.00 to 1 Iraqi dinar exchange rate with the currency we have now. [Post 2 of 2]
3-21-2024 Newshound Guru Pimpy If they're going to do a re-denomination and a reevaluation at the same time then I guarantee the notes they're going to use are going to be the lower denominations. So instead of getting $3 per dinar for a 25000 note, you're going to get $3 per dinar for a 25 dinar note. You can jump up and down and have a fit all you want. I've been telling you guys this is what's going to happen [If they re-denominate]. This is great for the Iraqi people...They'll be happy about the change in their wealth but the western people will not even have a taste of it...I keep warning you guys about this... [Post 1 of 2....stay tuned]
3-21-2024 Intel Guru MarkZ [via PDK] Question: ...what is your gut saying about the street rate on the VND when all this goes? MarkZ: My gut still thinks it will be in the $2-$2.50 range. But nobody knows until we get there. [On the dinar] I was told to expect between $3.33 to $4.81. Somewhere in that range.
3-21-2024 Newshound/Intel Guru Walkingstick If the example of $4.25 is the float then it will be maintained...The CBI will not allow the cap rate to decrease within a certain percentage. This percentage is normally within a plus or minus 5%...It will stay within that general vicinity. That will bring the security and demand of the Iraqi dinar internationally even stronger.
3-21-2024 Newshound Guru Militia Man Article: "A specialist points out the reasons for the noticeable decline of the dollar in Iraq: It will reach the official price" We have been told inflation has been contained to about 3.7% and the Iraqi dinar has ample cover with over 15 months worth of imports over the standard or more typical 3 months. They have increased gold by about 43 tonnes. They have a new ASYCUDA system for oil and non-oil revenue streams. A real effective exchange rate will be an additional tool to curb the illegal parallel market and quickly imo.
3-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...when we do the 1.32 and $0.76... FRANK: WHEN we do it? You don't want to deny it? FIREFLY: ...we have to do the smaller notes and then they have to have a little bit of time to adjust...before any reinstatement. This should be maybe within two weeks. Then everyone can see this roll in reinstatement. FRANK: Wow, wow, wow, wow. This is amazing...
3-21-2024 Newshound/Intel Guru Mnt Goat ...another article came out from the CBI telling us about yet another step in the RV/Reinstatement process is about to be implemented...The reinstatement is coming and I firmly believe from what we now know we are about to witness the major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is now slowly getting out of the sanctioned mindset / banking practices and return to common international banking practices of how they will be doing business with the rest of the world. Yet more evidence of it this period of news in March.
3-21-2024 Intel Guru MarkZ [via PDK] Still progress in Iraq…From articles…they are fixing the exchange rate or getting the street rate the same as the official rate. De-dollarization is going well... Iraq joined the European Bank for Reconstruction and development (EBRD). This is more confirmation that they are dotting their I’s and crossing their t’s.
3-21-2024 Newshound Guru Pimpy [The dinar] is a good investment. It's going to take a little time. I know some of you've been in this for 20 years. I understand that. There's no doubt. Just between 2019 to where we are now is leaps and bounds from where we were. It's really crazy.
3-21-2024 Intel Guru MarkZ [via PDK] There are some interesting people doing some traveling – that’s for certain. Maybe it could be this weekend. There are some interesting whales being pushed, pulled and moved suddenly...I cannot tell you which ones and where-for security reasons…But it is exciting. I am not the only person hearing this... We did have a key signatory in Reno over the weekend. I got a verification on that today.
3-21-2024 Newshound Guru Militia Man Deleting the zeros from the notes, how are you going to do that? You're going to re-denominate the currency ...The way to re-denominate is to add value. If you don't add any value, re-
denomination means those that hold currency don't gain anything. I don't think the United States Treasury...Great Britain...Canada...Australia...Coalition forces ...South Koreans came into Iraq to get completely 100% hosed with anything like that...The Project to Delete The Zeros is from the exchange rate. Then, once you delete the zeros from the exchange rate you have a 1 to 1 situation - Not value wise but it's $1 to 1 dinar. Then apply a real effective exchange rate.
3-21-2024 Newshound Guru Jeff The next big step in this is we want to see when Iraq will be amending their budget...They can amend it before or after the rate changes...
3-21-2024 Intel Guru Frank26 Community Comment: "If the current rate is 1320 to 1 and you remove the three zeros wouldn't the new rate be $1.32 to 1?"
Frank26: No...Stop putting a decimal in the 1320...You must understand this relationship as 132 dinars equals $1.00 which is a rate of $0.76. If you have 1 million dinar 760 American dollars. If you have 1 million dinar and they take it to 1 to 1 you have $1 million.
3-21-2024 Newshound/Intel Guru Fnu Lnu There is NO LOP happening and the 1.32 Dinar to $1 USD is in country as the FOREX numbers will be far more attractive.
3-21-2024 Newshound Guru Pimpy The official exchange rate, that's the one we want to change but surely wouldn't want it to change with new re-denominated currency with the deletion of the zeros. I want a nice fat $3.00 to 1 Iraqi dinar exchange rate with the currency we have now. [Post 2 of 2]
3-21-2024 Newshound Guru Pimpy If they're going to do a re-denomination and a reevaluation at the same time then I guarantee the notes they're going to use are going to be the lower denominations. So instead of getting $3 per dinar for a 25000 note, you're going to get $3 per dinar for a 25 dinar note. You can jump up and down and have a fit all you want. I've been telling you guys this is what's going to happen [If they re-denominate]. This is great for the Iraqi people...They'll be happy about the change in their wealth but the western people will not even have a taste of it...I keep warning you guys about this... [Post 1 of 2....stay tuned]
3-21-2024 Intel Guru MarkZ [via PDK] Question: ...what is your gut saying about the street rate on the VND when all this goes? MarkZ: My gut still thinks it will be in the $2-$2.50 range. But nobody knows until we get there. [On the dinar] I was told to expect between $3.33 to $4.81. Somewhere in that range.
3-21-2024 Newshound/Intel Guru Walkingstick If the example of $4.25 is the float then it will be maintained...The CBI will not allow the cap rate to decrease within a certain percentage. This percentage is normally within a plus or minus 5%...It will stay within that general vicinity. That will bring the security and demand of the Iraqi dinar internationally even stronger.
3-21-2024 Newshound Guru Militia Man Article: "A specialist points out the reasons for the noticeable decline of the dollar in Iraq: It will reach the official price" We have been told inflation has been contained to about 3.7% and the Iraqi dinar has ample cover with over 15 months worth of imports over the standard or more typical 3 months. They have increased gold by about 43 tonnes. They have a new ASYCUDA system for oil and non-oil revenue streams. A real effective exchange rate will be an additional tool to curb the illegal parallel market and quickly imo.
3-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...when we do the 1.32 and $0.76... FRANK: WHEN we do it? You don't want to deny it? FIREFLY: ...we have to do the smaller notes and then they have to have a little bit of time to adjust...before any reinstatement. This should be maybe within two weeks. Then everyone can see this roll in reinstatement. FRANK: Wow, wow, wow, wow. This is amazing...
3-21-2024 Newshound/Intel Guru Mnt Goat ...another article came out from the CBI telling us about yet another step in the RV/Reinstatement process is about to be implemented...The reinstatement is coming and I firmly believe from what we now know we are about to witness the major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is now slowly getting out of the sanctioned mindset / banking practices and return to common international banking practices of how they will be doing business with the rest of the world. Yet more evidence of it this period of news in March.
3-21-2024 Intel Guru MarkZ [via PDK] Still progress in Iraq…From articles…they are fixing the exchange rate or getting the street rate the same as the official rate. De-dollarization is going well... Iraq joined the European Bank for Reconstruction and development (EBRD). This is more confirmation that they are dotting their I’s and crossing their t’s.
3-20-2024 Intel Guru Frank26 Question "Are the Saddam dinars worthless?" Yeah, they're worthless because they're no longer recognized by anybody.
3-20-2024 Newshound Guru Pimpy Think about it. The current Iraqi dinar of 25,000 dinar - they delete the zeros off, now becomes 25 dinar and then all of a sudden they change the exchange rate from where it is to $3.22 per dinar. This is good for the Iraqi people, their purchasing power has changed. They can get a lot more things bought with their money. But that doesn't help us because they lopped the zeros off...so instead of getting a $3.22 rate against a 25000, we're only going to get that $3.22 rate against a 25 dinar. Instead of getting millions you get thousands...At least be aware that that's possible.
3-20-2024 Newshound Guru Kaperoni If Iraq is unable to achieve diversity they will have no alternative but to simply just delete the zeros (LOP) which is a neutral event reducing the currency from around 80 trillion to 80 billion dinar. Any exchange rate gain would be minimal as a result.
3-20-2024 Newshound Guru Sandy Ingram There is absolutely no law against carrying large sums of cash...You can travel with as much money as you want. However, there is a catch. If you are entering or leaving the Untied States with more than ten thousand dollars in cash or equivalent, you are required to report it to customs and border protection. This rule applies whether the cash is in U.S. dollars or in a foreign currency...You need to complete a "FinCen 105 form"...What happens if you don't report more than 10 thousand dollars in cash? Failure to report can lead to seizure of the money...You may also face criminal charges...Remember these rules...it's always better to be safe than sorry.
3-20-2024 Newshound/Intel Guru Walkingstick The closer it gets to the reinstatement the more they will tell the citizens concerning the monetary steps...There's nothing like facts being told to the citizens with confidence.
3-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: When it floats it's going to go up really fast. The demand is going to be big on our currency...This thing may have the ability to reach $4.25...probably they will cap it out and go back to settle just a little ahead of Kuwait... FRANK: I believe Kuwait will allow that to happen as well...Sudani made them happy...
3-20-2024 Intel Guru MarkZ [via PDK] Sudani is expressing the need to freeze all electronic transfers….basically freezing all banking and currencies. This is exactly what they would have to do to start the exchange process. I am a firm believer they are doing that to prepare people that the banking system may be funky for a day or two while they flip that switch. There is so much going on. The chatter has gone through the roof in Iraq with Sudani and the Central Banks movements. If only 10% of the people are right – we are within sight of the finish line.
3-20-2024 Newshound Guru Jeff This weekend coming up would be the historical anniversary date of when Kuwait reinstated their currency - March 24, 1991
3-20-2024 Newshound Guru Militia Man Oil is anywhere from $88 to $85 right now. Add in the tax revenues and customs duties and fees at the borders, the tourism you got to see the exchange rate of the Iraqi dinar is not going to be at $0.76. They're going to have to add that real effective exchange rate to it and that's probably...exactly why they haven't exposed it just yet. It's a sensitive issue. They need to keep it close to the chest... They can't go out and tell everyone on the street, 'Hey you know next week your exchange rate is going to be X.' It doesn't work that way...Eventually they will expose it...
3-20-2024 Newshound Guru Pimpy [Response to Guru Jeff's budget/ exchange rate posts 3-19-2024 below] They are going to amend the budget with or without a rate change....Does it make sense for you to release the budget before they increase the exchange rate because then you have to turn around and redo the budget and make all the changes to the budget using the new exchange rate. So no, it doesn't make sense to release the budget before you change the exchange rate. You would change the exchange rate then go through and amend all of your budget because the money you've allocated obviously has changed...The suspension of the funds has to do with corruption. The reforms can be activated without changing the rate. They're going to reallocate revenue from oil to help fund all these reforms...
3-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's going to float once it gets to 1.32. FRANK: I disagree because it's already at 1.32. It will float IMO a little higher. The RI will take it to $3.22 IMO. But because it's been 20 years I strongly believe IMO they may cap it around $4.25...The other currencies around the Middle East will not complain if the Iraqi dinar is higher than their rate...
3-20-2024 Intel Guru MarkZ [via PDK] I think the news is getting restricted as we get closer. I think the quiet is a positive sign. A number of sources were given cautionary notices to be quiet or NDA’s. So to me it’s a great sign that things are quiet...Contacts in Iraq and around the world still think we are within days…but they have thought that before….so not going to jump out of my skin just yet. The quiet is probably the thing that is the most encouraging to me right now.
3-20-2024 Newshound Guru Pimpy Think about it. The current Iraqi dinar of 25,000 dinar - they delete the zeros off, now becomes 25 dinar and then all of a sudden they change the exchange rate from where it is to $3.22 per dinar. This is good for the Iraqi people, their purchasing power has changed. They can get a lot more things bought with their money. But that doesn't help us because they lopped the zeros off...so instead of getting a $3.22 rate against a 25000, we're only going to get that $3.22 rate against a 25 dinar. Instead of getting millions you get thousands...At least be aware that that's possible.
3-20-2024 Newshound Guru Kaperoni If Iraq is unable to achieve diversity they will have no alternative but to simply just delete the zeros (LOP) which is a neutral event reducing the currency from around 80 trillion to 80 billion dinar. Any exchange rate gain would be minimal as a result.
3-20-2024 Newshound Guru Sandy Ingram There is absolutely no law against carrying large sums of cash...You can travel with as much money as you want. However, there is a catch. If you are entering or leaving the Untied States with more than ten thousand dollars in cash or equivalent, you are required to report it to customs and border protection. This rule applies whether the cash is in U.S. dollars or in a foreign currency...You need to complete a "FinCen 105 form"...What happens if you don't report more than 10 thousand dollars in cash? Failure to report can lead to seizure of the money...You may also face criminal charges...Remember these rules...it's always better to be safe than sorry.
3-20-2024 Newshound/Intel Guru Walkingstick The closer it gets to the reinstatement the more they will tell the citizens concerning the monetary steps...There's nothing like facts being told to the citizens with confidence.
3-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: When it floats it's going to go up really fast. The demand is going to be big on our currency...This thing may have the ability to reach $4.25...probably they will cap it out and go back to settle just a little ahead of Kuwait... FRANK: I believe Kuwait will allow that to happen as well...Sudani made them happy...
3-20-2024 Intel Guru MarkZ [via PDK] Sudani is expressing the need to freeze all electronic transfers….basically freezing all banking and currencies. This is exactly what they would have to do to start the exchange process. I am a firm believer they are doing that to prepare people that the banking system may be funky for a day or two while they flip that switch. There is so much going on. The chatter has gone through the roof in Iraq with Sudani and the Central Banks movements. If only 10% of the people are right – we are within sight of the finish line.
3-20-2024 Newshound Guru Jeff This weekend coming up would be the historical anniversary date of when Kuwait reinstated their currency - March 24, 1991
3-20-2024 Newshound Guru Militia Man Oil is anywhere from $88 to $85 right now. Add in the tax revenues and customs duties and fees at the borders, the tourism you got to see the exchange rate of the Iraqi dinar is not going to be at $0.76. They're going to have to add that real effective exchange rate to it and that's probably...exactly why they haven't exposed it just yet. It's a sensitive issue. They need to keep it close to the chest... They can't go out and tell everyone on the street, 'Hey you know next week your exchange rate is going to be X.' It doesn't work that way...Eventually they will expose it...
3-20-2024 Newshound Guru Pimpy [Response to Guru Jeff's budget/ exchange rate posts 3-19-2024 below] They are going to amend the budget with or without a rate change....Does it make sense for you to release the budget before they increase the exchange rate because then you have to turn around and redo the budget and make all the changes to the budget using the new exchange rate. So no, it doesn't make sense to release the budget before you change the exchange rate. You would change the exchange rate then go through and amend all of your budget because the money you've allocated obviously has changed...The suspension of the funds has to do with corruption. The reforms can be activated without changing the rate. They're going to reallocate revenue from oil to help fund all these reforms...
3-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's going to float once it gets to 1.32. FRANK: I disagree because it's already at 1.32. It will float IMO a little higher. The RI will take it to $3.22 IMO. But because it's been 20 years I strongly believe IMO they may cap it around $4.25...The other currencies around the Middle East will not complain if the Iraqi dinar is higher than their rate...
3-20-2024 Intel Guru MarkZ [via PDK] I think the news is getting restricted as we get closer. I think the quiet is a positive sign. A number of sources were given cautionary notices to be quiet or NDA’s. So to me it’s a great sign that things are quiet...Contacts in Iraq and around the world still think we are within days…but they have thought that before….so not going to jump out of my skin just yet. The quiet is probably the thing that is the most encouraging to me right now.
3-19-2024 Newshound Guru Jeff Iraq technically does not need to amend the budget if they're not changing their rate. The budget already covers their operating expenses. But they would need surplus funds to cover the reforms. The reforms are contingent upon the rate changing. They can't bring these reform package forward if the rate does not change. The only reason they're amending the budget is because the rate is changing...The step of amending the budget can happen either before or after the rate changes ... They will probably announce Thursday or Friday as to when they plan to amend the budget, which they'll probably do around this weekend...
3-19-2024 Newshound Guru Militia Man If Al-Sudani says, the dinar hold on to it, it's going too be stronger than the dollar...$0.76 is not stronger than the dollar. Add the real effective exchange rate and you can easily get over a dollar...
3-19-2024 Intel Guru Frank26 Continued : I am crazy excited your prime minister Al-Sudani and the governor of the CBI Alaq and the board of directors are constantly telling you they're going to give you 1.32 dinars to $1 and a new exchange rate to match it with lower notes...It looks like the next two weeks will be very loud on the monetary reform education. Be ready to move quick. [Post 2 of 2]
3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says...Al-Sudani is making an announcement during Ramadan remember? He'll go to Washington DC but after he comes back I believe that this rate [1.32 dinar to $1.00} with the deletion of the zeros will coincide with the WTO. We are basically in a countdown. FRANK: ...The final countdown. Let's roll! I think when they finish with Washington DC and they come back, we may see what we're looking for. [Post 1 of 2....stay tuned]
3-19-2024 Intel Guru yada Be of good cheer folks, this is unfolding before our eyes...what we are are expecting is taking place...The articles last week regarding the 1.32 in Iraq was telling the people what to expect. The salaries, contracts, infrastructure are at a point the REER [Real Effective Exchange Rate] will activate it all...Today-tonight is very good for us.
3-19-2024 Newshound Guru Pimpy Deleting of the zeros means a re-denomination. Article quote: "The Iraqi government is currently weighing the question of changing the currency..." CHANGING THE CURRENCY. It didn't say exchange rate. What is says is currency... Definition "Re-denomination is a government policy in simplifying currency values without changing the exchange rate." ...If we can get them to change the exchange rate without removing the zeros then we're sitting pretty...
3-19-2024 Newshound Guru Clare Article: "Iron and Steel Company: Iraq is on the verge of a major industrial revolution"
3-19-2024 Newshound/Intel Guru Walkingstick Sudani is starting the monetary reform education by using the official rate, which is 1320. He's using 1320 in explaining the possible rate...1.32 to 1 American dollar. IMO the reinstatement could take that International rate further...
3-19-2024 Newshound Guru Jeff One of the major things Iraq has to do before they can revalue the currency is they have to pause all of their money. They have to suspend it. Freeze it. As of Friday both the central bank and the government of Iraq paused and froze all their monies. What does that mean to us? ...By them suspending all of their monies between the central bank and the government that makes this [past] weekend...the first eligible weekend for Iraq to be able to revalue the currency...
3-19-2024 Newshound Guru Militia Man Al-Sudani...talked about having the dinar be 1.32 dinars to the dollar...turns out to be around $0.76. That's a big bit of purchasing power for the citizens. Is it what they're going to end up with in the future based off all the natural resources that they...all the non-oil maximized income...tourism, all the extra stuff you never had when Saddam Hussein was in office? Saddam Hussein's $3.22 to 1 dinar was based off about $35 a barrel of oil. Oil is pushing $85 today...They have surplus money coming from all these different places...
3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The funding for all of 2024, last Wednesday was suspended...and it was changed...They must be using the new exchange rate. They said they changed it and then sent it to the Council of Ministers for the review. Then it is to be sent to the House for a vote...It should be going for a vote any time. We think it's going to move to 1.32 making it $0.76 which is not more than the dollar like Sudani promised, until they add the new exchange rate to it. That's what we're expecting.
3-19-2024 Intel Guru MarkZ ...I've been told absolutely clear that it does not matter circulated or uncirculated to participate and that makes sense...
3-19-2024 Intel Guru Wolverine [via Judy Byington] Most recent banker update...Mon. 18 March...Word from those higher ups was that we were in a 24 to 36 hour... window for announcement with Thurs. 21 March...being an important day for the banks...we know the time of our blessing is approaching quickly...All is looking good according to ALL sources...
3-19-2024 Intel Guru MarkZ [via PDK] I have a number of banking contacts that have launched into overdrive for this week …Lots of people expected announcements overnight last night...the electronic platforms being wildly successful is key to them implementing their change in value. And the Real Effective Exchange Rate (REER) is expected this week according to Iraqi contacts. Most of my Iraqi contacts expect it by April 1st. Praying they are right.
3-19-2024 Newshound Guru Militia Man If Al-Sudani says, the dinar hold on to it, it's going too be stronger than the dollar...$0.76 is not stronger than the dollar. Add the real effective exchange rate and you can easily get over a dollar...
3-19-2024 Intel Guru Frank26 Continued : I am crazy excited your prime minister Al-Sudani and the governor of the CBI Alaq and the board of directors are constantly telling you they're going to give you 1.32 dinars to $1 and a new exchange rate to match it with lower notes...It looks like the next two weeks will be very loud on the monetary reform education. Be ready to move quick. [Post 2 of 2]
3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says...Al-Sudani is making an announcement during Ramadan remember? He'll go to Washington DC but after he comes back I believe that this rate [1.32 dinar to $1.00} with the deletion of the zeros will coincide with the WTO. We are basically in a countdown. FRANK: ...The final countdown. Let's roll! I think when they finish with Washington DC and they come back, we may see what we're looking for. [Post 1 of 2....stay tuned]
3-19-2024 Intel Guru yada Be of good cheer folks, this is unfolding before our eyes...what we are are expecting is taking place...The articles last week regarding the 1.32 in Iraq was telling the people what to expect. The salaries, contracts, infrastructure are at a point the REER [Real Effective Exchange Rate] will activate it all...Today-tonight is very good for us.
3-19-2024 Newshound Guru Pimpy Deleting of the zeros means a re-denomination. Article quote: "The Iraqi government is currently weighing the question of changing the currency..." CHANGING THE CURRENCY. It didn't say exchange rate. What is says is currency... Definition "Re-denomination is a government policy in simplifying currency values without changing the exchange rate." ...If we can get them to change the exchange rate without removing the zeros then we're sitting pretty...
3-19-2024 Newshound Guru Clare Article: "Iron and Steel Company: Iraq is on the verge of a major industrial revolution"
3-19-2024 Newshound/Intel Guru Walkingstick Sudani is starting the monetary reform education by using the official rate, which is 1320. He's using 1320 in explaining the possible rate...1.32 to 1 American dollar. IMO the reinstatement could take that International rate further...
3-19-2024 Newshound Guru Jeff One of the major things Iraq has to do before they can revalue the currency is they have to pause all of their money. They have to suspend it. Freeze it. As of Friday both the central bank and the government of Iraq paused and froze all their monies. What does that mean to us? ...By them suspending all of their monies between the central bank and the government that makes this [past] weekend...the first eligible weekend for Iraq to be able to revalue the currency...
3-19-2024 Newshound Guru Militia Man Al-Sudani...talked about having the dinar be 1.32 dinars to the dollar...turns out to be around $0.76. That's a big bit of purchasing power for the citizens. Is it what they're going to end up with in the future based off all the natural resources that they...all the non-oil maximized income...tourism, all the extra stuff you never had when Saddam Hussein was in office? Saddam Hussein's $3.22 to 1 dinar was based off about $35 a barrel of oil. Oil is pushing $85 today...They have surplus money coming from all these different places...
3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The funding for all of 2024, last Wednesday was suspended...and it was changed...They must be using the new exchange rate. They said they changed it and then sent it to the Council of Ministers for the review. Then it is to be sent to the House for a vote...It should be going for a vote any time. We think it's going to move to 1.32 making it $0.76 which is not more than the dollar like Sudani promised, until they add the new exchange rate to it. That's what we're expecting.
3-19-2024 Intel Guru MarkZ ...I've been told absolutely clear that it does not matter circulated or uncirculated to participate and that makes sense...
3-19-2024 Intel Guru Wolverine [via Judy Byington] Most recent banker update...Mon. 18 March...Word from those higher ups was that we were in a 24 to 36 hour... window for announcement with Thurs. 21 March...being an important day for the banks...we know the time of our blessing is approaching quickly...All is looking good according to ALL sources...
3-19-2024 Intel Guru MarkZ [via PDK] I have a number of banking contacts that have launched into overdrive for this week …Lots of people expected announcements overnight last night...the electronic platforms being wildly successful is key to them implementing their change in value. And the Real Effective Exchange Rate (REER) is expected this week according to Iraqi contacts. Most of my Iraqi contacts expect it by April 1st. Praying they are right.
3-18-2024 Intel Guru Frank26 I was excited when Sudani suggested 1.32 but now I am crazy excited to see Alaq the governor of the Central Bank of Iraq suggesting the same thing.
3-18-2024 Newshound Guru Pimpy Vietnam became the 150th member of the World Trade Organization back in 2007...with the same icky exchange rate. Not only that but...Vietnam is currently trading on the Forex...In addition to that Vietnam is on the Swift System...When you try to look up Iraq there is no Iraq because they're not on the Swift System. So you have Vietnam with a way
worse exchange rate than Iraq part of the World Trade Organization...on Swift and they're trading on the Forex...If Vietnam is there with their current exchange rate then there's no doubt...Iraq...can be on these programs as well [at their current exchange rate].
3-18-2024 Intel Guru MarkZ ...There is a tremendous amount of chatter from my contacts with expectations for the next day or 2...we will see but I think that may be a little premature...I do feel really good about where we are.
3-18-2024 Newshound Guru Militia Man Al-Sudani talked about having $1.00 equaling 1.32 dinars...I believe in my view is when they drop the three zeros from the exchange rate, what you'll have is about .76 USD. Then they apply the Real Effect Exchange Rate to that. And that's going to be based off of their assets...
3-18-2024 Newshound Guru Samson Article: ”Al-Sudani: There are those who want to obstruct reconstruction, and they will not discourage the government from proceeding with its plans"
3-18-2024 Newshound/Intel Guru Walkingstick WTO means currency restriction free, therefore all members can use multiple foreign currencies to buy, sell and trade but Iraq has decided...all...contracts that have been recently signed with Sudani must be converted into Iraqi dinars.
3-18-2024 Newshound Guru Clare Article: "Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars" Quote: "The head of the Iraqi Securities Commission, Faisal Al-Haimas, announced that three Iraqi banks were sanctioned by the US Treasury, and 25 banks were banned from dealing in dollars."
3-18-2024 Intel Guru Frank26 The Prime Minister is going to Washington DC ...He's going to talk to the U.S. Treasury about the new exchange rate...He's talking to it with everybody.
3-18-2024 Newshound/Intel Guru Fnu Lnu On the issue of Old Notes (circulated) versus New Notes (uncirculated) I can tell you this. The "Oil for Dinar" program is very real and those are called Private Placements. They require ONLY uncirculated notes to participate. Otherwise, if you aren't in such a Private Placement exchange then it doesn't matter at all. Also, new uncirculated notes of certain serial numbers are going to be used as Bonds. The new Dinar have all the info needed to be used as bonds and it was planned this way before the new notes were printed. They will be used on the unregulated trading platforms in Shanghai as part of certain trading packages.
3-18-2024 Intel Guru MarkZ [via PDK] I think things are in a mad dash to the finish line… We have an impending visit from Sudani here in the Us... We have Sudani on Friday mentioning the rate of $1.32…which is very specific... Comment: The $1.32 rate is actually .76 cents US for each dinar…. Al Sudani promised the Iraqi people the dinar would be stronger than the dollar. . 76 cents is NOT stronger. MarkZ: They may be floating the rates of $1.32 and .76 cents to get people ready for a change. I still think it will be more in the $3 or $4 range…but I could be wrong. IMO $1.32 and .76 cents rates would still be fantastic..
3-18-2024 Newshound Guru Pimpy Everyone is excited that Iraq has completed all the requirements to join the World Trade Organization but the bigger question is what's next for Iraq? ...There's this impression going on around the Iraqi dinar community that this is going to happen next week or next month. Is this true or could the process take longer? ...What's remaining for
Iraq? Approval by the general council...which is composed of all WTO members. ...As of now they don't appear to be on the calendar to be voted in...We got between now and June to see if indeed Iraq is added to the calendar...unless for some reason the WTO holds a special session...
3-18-2024 Newshound Guru Militia Man Article: "Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there is no specific date for sending it" Quote: "On June 12, 2023, the Iraqi Parliament approved the tripartite budget law for the years 2023, 2024, and 2025. Last year’s total budget amounted to 197 billion dinars, which is the largest in the
country’s history." Take note that they used 197 Billion Dinars. That is a little over $150 million USD at the current exchange rate of 1,310 IQD... Seriously? I do not think so, unless they have done something we have yet to see.
3-18-2024 Intel Guru Frank26 ...JP Morgan representatives at a Chase Banks, why are they there? And why do they have all of these cubicles that they're setting up? ...They don't even say it's not a scam, they simply say when it happens we're ready for you. The whole mantra/attitude is changing but it doesn't change all at once. It's a slow process. It travels from the east to the west...north to the south. That information is slowly being given to everybody that is going to be involved in this exchange process.
3-18-2024 Newshound/Intel Guru Mnt Goat So according to Shafaq News/ The Parliamentary Finance Committee discussed, on Thursday, with the Central Bank of Iraq, the monetary policy and banking system in the country and ways to increase the value of the Iraqi dinar. I quote from the article – “to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.” Folks I don’t know about you but this article was WOW!
3-18-2024 Newshound Guru Pimpy Vietnam became the 150th member of the World Trade Organization back in 2007...with the same icky exchange rate. Not only that but...Vietnam is currently trading on the Forex...In addition to that Vietnam is on the Swift System...When you try to look up Iraq there is no Iraq because they're not on the Swift System. So you have Vietnam with a way
worse exchange rate than Iraq part of the World Trade Organization...on Swift and they're trading on the Forex...If Vietnam is there with their current exchange rate then there's no doubt...Iraq...can be on these programs as well [at their current exchange rate].
3-18-2024 Intel Guru MarkZ ...There is a tremendous amount of chatter from my contacts with expectations for the next day or 2...we will see but I think that may be a little premature...I do feel really good about where we are.
3-18-2024 Newshound Guru Militia Man Al-Sudani talked about having $1.00 equaling 1.32 dinars...I believe in my view is when they drop the three zeros from the exchange rate, what you'll have is about .76 USD. Then they apply the Real Effect Exchange Rate to that. And that's going to be based off of their assets...
3-18-2024 Newshound Guru Samson Article: ”Al-Sudani: There are those who want to obstruct reconstruction, and they will not discourage the government from proceeding with its plans"
3-18-2024 Newshound/Intel Guru Walkingstick WTO means currency restriction free, therefore all members can use multiple foreign currencies to buy, sell and trade but Iraq has decided...all...contracts that have been recently signed with Sudani must be converted into Iraqi dinars.
3-18-2024 Newshound Guru Clare Article: "Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars" Quote: "The head of the Iraqi Securities Commission, Faisal Al-Haimas, announced that three Iraqi banks were sanctioned by the US Treasury, and 25 banks were banned from dealing in dollars."
3-18-2024 Intel Guru Frank26 The Prime Minister is going to Washington DC ...He's going to talk to the U.S. Treasury about the new exchange rate...He's talking to it with everybody.
3-18-2024 Newshound/Intel Guru Fnu Lnu On the issue of Old Notes (circulated) versus New Notes (uncirculated) I can tell you this. The "Oil for Dinar" program is very real and those are called Private Placements. They require ONLY uncirculated notes to participate. Otherwise, if you aren't in such a Private Placement exchange then it doesn't matter at all. Also, new uncirculated notes of certain serial numbers are going to be used as Bonds. The new Dinar have all the info needed to be used as bonds and it was planned this way before the new notes were printed. They will be used on the unregulated trading platforms in Shanghai as part of certain trading packages.
3-18-2024 Intel Guru MarkZ [via PDK] I think things are in a mad dash to the finish line… We have an impending visit from Sudani here in the Us... We have Sudani on Friday mentioning the rate of $1.32…which is very specific... Comment: The $1.32 rate is actually .76 cents US for each dinar…. Al Sudani promised the Iraqi people the dinar would be stronger than the dollar. . 76 cents is NOT stronger. MarkZ: They may be floating the rates of $1.32 and .76 cents to get people ready for a change. I still think it will be more in the $3 or $4 range…but I could be wrong. IMO $1.32 and .76 cents rates would still be fantastic..
3-18-2024 Newshound Guru Pimpy Everyone is excited that Iraq has completed all the requirements to join the World Trade Organization but the bigger question is what's next for Iraq? ...There's this impression going on around the Iraqi dinar community that this is going to happen next week or next month. Is this true or could the process take longer? ...What's remaining for
Iraq? Approval by the general council...which is composed of all WTO members. ...As of now they don't appear to be on the calendar to be voted in...We got between now and June to see if indeed Iraq is added to the calendar...unless for some reason the WTO holds a special session...
3-18-2024 Newshound Guru Militia Man Article: "Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there is no specific date for sending it" Quote: "On June 12, 2023, the Iraqi Parliament approved the tripartite budget law for the years 2023, 2024, and 2025. Last year’s total budget amounted to 197 billion dinars, which is the largest in the
country’s history." Take note that they used 197 Billion Dinars. That is a little over $150 million USD at the current exchange rate of 1,310 IQD... Seriously? I do not think so, unless they have done something we have yet to see.
3-18-2024 Intel Guru Frank26 ...JP Morgan representatives at a Chase Banks, why are they there? And why do they have all of these cubicles that they're setting up? ...They don't even say it's not a scam, they simply say when it happens we're ready for you. The whole mantra/attitude is changing but it doesn't change all at once. It's a slow process. It travels from the east to the west...north to the south. That information is slowly being given to everybody that is going to be involved in this exchange process.
3-18-2024 Newshound/Intel Guru Mnt Goat So according to Shafaq News/ The Parliamentary Finance Committee discussed, on Thursday, with the Central Bank of Iraq, the monetary policy and banking system in the country and ways to increase the value of the Iraqi dinar. I quote from the article – “to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.” Folks I don’t know about you but this article was WOW!
3-17-2024 Newshound Guru Pimpy I warned you guys about this...that if you get together in a group you can negotiate a different rate. No, no you can't. That's false.
3-17-2024 Intel Guru Frank26 Article: "An economist identifies the "ideal solution" to reduce the dollar difference between the official and the parallel" THE ONLY SOLUTION IS A NEW EXCHANGE RATE WITH LOWER NOTES... AND THAT'S EXACTLY WHAT SUDANI & ALAQ ARE SAYING TO THE CITIZENS OF IRAQ!
3-17-2024 Newshound/Intel Guru Walkingstick Iraq is indeed ready but the USA still has multiple conditions for release in the region which are presently being satisfied. We are getting to the end of the game which could monetarily finish as Iraq is going public to force a potential release. It is any minute, any second time frame.
3-17-2024 Newshound Guru Samson Article: "Al-Sudani faces American pressure to resolve problems with the Kurds before visiting Washington" Quote: "Iraqi Prime Minister Muhammad Shia al-Sudani is expected to make his first official visit to the White House in April since taking power"
3-17-2024 Newshound Guru Pimpy Everybody thought Iraq was at the end of becoming a member with the World Trade Organization...Come to find out they're just barely at the beginning stages. What does this mean for Iraq? How long is this going to take? Wikipedia quote: "An offer of accession is given once consensus is reached among members. The process takes about five years on average but can take some countries almost a decade...The shortest accession negotiation was...2 years and 10 months. The longest were that of Russia lasting 19 years and 2 months."
3-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq was on TV Channel One talking...with the United States Treasury on reconsidering sanctions on our banks. FRANK: He's going over there to tell them about the new exchange rate...
3-17-2024 Newshound Guru Sandy Ingram Iraq has completed the necessary prerequisites to join the World Trade Organization WTO. This pivotal development reported by Gulf News marks new chapter in Iraq's economic journey...Joining the WTO is not a mere formality, it necessitates a commitment to aligning with WTO rules by enhancing private sector performance and overhauling trade policies.... Membership in the WTO is a significant milestone for any country.
3-17-2024 Newshound Guru Jeff They have suspended currency auctions from this point forward, through the remainder of March...giving them eligibility to revalue this weekend - having this weekend being the earliest point throughout this entire year to be able to revalue...Iraq was not even eligible to revalue before this weekend...
3-17-2024 Newshound Guru Pimpy If you go to 1.32, it actually comes out to $0.76. So if I take my 5 million dinars times $0.76 oh yeah! $3.8 million, we'll take it! But...if this is moving the decimal place over 3 positions coming out to 1.320 for every US dollar...they need to change their currency...That's the deletion of the zeros. Your 25,000 dinar becomes 25 dinar. So if I take my 5 million and remove the three zeros and multiply $0.76 - 5,000 dinars x $.76 = $3,800. Yeah, that's what it comes down to...When Al-Sudani was talking about he would love to have an exchange rate of 1.32...he was talking about the deletion of the zeros. I said that's what we need to avoid...You do not want the deletion of the zeros but it looks now like it's inevitable.
3-17-2024 Newshound/Intel Guru Mnt Goat I have to say that the CBI cannot turn back from all the progress already made. Also remember that the citizens of Iraq are reading all these articles too about increasing the value of the dinar and so it is way beyond the point of returning to the same old, same old...Remember two things if nothing else: 1. It’s not IF but WHEN this event is going to happen and; 2. It has to happen and soon.
3-17-2024 Intel Guru Frank26 We know Sudani came out, it's no longer a secret...We know the monetary reform is coming. We know they are suggesting 1.32. I suggested higher, but who knows. All of a sudden... parliament came out and said, 'Oh...we look forward to our currency to have value, put on to it...we're passing the laws.' That was interesting. Those that for decades have stopped the possibility of a new exchange rate to come out for the currency of Iraq are now finally saying, Uncle...! Even those that were against the Monetary Reform are now forced to tell the truth!
3-17-2024 Intel Guru RayRen98 ...WE HAVE A DATE... IT'S COMING SHORTLY.
3-17-2024 Intel Guru Frank26 Article: "An economist identifies the "ideal solution" to reduce the dollar difference between the official and the parallel" THE ONLY SOLUTION IS A NEW EXCHANGE RATE WITH LOWER NOTES... AND THAT'S EXACTLY WHAT SUDANI & ALAQ ARE SAYING TO THE CITIZENS OF IRAQ!
3-17-2024 Newshound/Intel Guru Walkingstick Iraq is indeed ready but the USA still has multiple conditions for release in the region which are presently being satisfied. We are getting to the end of the game which could monetarily finish as Iraq is going public to force a potential release. It is any minute, any second time frame.
3-17-2024 Newshound Guru Samson Article: "Al-Sudani faces American pressure to resolve problems with the Kurds before visiting Washington" Quote: "Iraqi Prime Minister Muhammad Shia al-Sudani is expected to make his first official visit to the White House in April since taking power"
3-17-2024 Newshound Guru Pimpy Everybody thought Iraq was at the end of becoming a member with the World Trade Organization...Come to find out they're just barely at the beginning stages. What does this mean for Iraq? How long is this going to take? Wikipedia quote: "An offer of accession is given once consensus is reached among members. The process takes about five years on average but can take some countries almost a decade...The shortest accession negotiation was...2 years and 10 months. The longest were that of Russia lasting 19 years and 2 months."
3-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq was on TV Channel One talking...with the United States Treasury on reconsidering sanctions on our banks. FRANK: He's going over there to tell them about the new exchange rate...
3-17-2024 Newshound Guru Sandy Ingram Iraq has completed the necessary prerequisites to join the World Trade Organization WTO. This pivotal development reported by Gulf News marks new chapter in Iraq's economic journey...Joining the WTO is not a mere formality, it necessitates a commitment to aligning with WTO rules by enhancing private sector performance and overhauling trade policies.... Membership in the WTO is a significant milestone for any country.
3-17-2024 Newshound Guru Jeff They have suspended currency auctions from this point forward, through the remainder of March...giving them eligibility to revalue this weekend - having this weekend being the earliest point throughout this entire year to be able to revalue...Iraq was not even eligible to revalue before this weekend...
3-17-2024 Newshound Guru Pimpy If you go to 1.32, it actually comes out to $0.76. So if I take my 5 million dinars times $0.76 oh yeah! $3.8 million, we'll take it! But...if this is moving the decimal place over 3 positions coming out to 1.320 for every US dollar...they need to change their currency...That's the deletion of the zeros. Your 25,000 dinar becomes 25 dinar. So if I take my 5 million and remove the three zeros and multiply $0.76 - 5,000 dinars x $.76 = $3,800. Yeah, that's what it comes down to...When Al-Sudani was talking about he would love to have an exchange rate of 1.32...he was talking about the deletion of the zeros. I said that's what we need to avoid...You do not want the deletion of the zeros but it looks now like it's inevitable.
3-17-2024 Newshound/Intel Guru Mnt Goat I have to say that the CBI cannot turn back from all the progress already made. Also remember that the citizens of Iraq are reading all these articles too about increasing the value of the dinar and so it is way beyond the point of returning to the same old, same old...Remember two things if nothing else: 1. It’s not IF but WHEN this event is going to happen and; 2. It has to happen and soon.
3-17-2024 Intel Guru Frank26 We know Sudani came out, it's no longer a secret...We know the monetary reform is coming. We know they are suggesting 1.32. I suggested higher, but who knows. All of a sudden... parliament came out and said, 'Oh...we look forward to our currency to have value, put on to it...we're passing the laws.' That was interesting. Those that for decades have stopped the possibility of a new exchange rate to come out for the currency of Iraq are now finally saying, Uncle...! Even those that were against the Monetary Reform are now forced to tell the truth!
3-17-2024 Intel Guru RayRen98 ...WE HAVE A DATE... IT'S COMING SHORTLY.
3-16-2024 Newshound Guru Pimpy People always think I'm being negative about the Iraqi dinar. I'm not. I'm trying to make sure people are grounded...I tell you guys this is what we need to look for, this is what we need to deal with and we don't want the deletion of the zeros. We do want the Iraqi dinar to continue to increase in value without deleting the zeros. That's how you're going to make your money.
3-16-2024 Intel Guru Frank26 It sure looks like it's happening in the next five minutes doesn't it? I need you to be realistic. This is the Middle East. Yes, what you're reading [Articles] is past tense. What they're doing is implementing it with the banks around the world.
3-16-2024 Newshound Guru Sandy Ingram Do not purchase any currency with Saddam's face on it unless you purchase it as a collector. Purchase currency that is now in circulation in Iraq.
3-16-2024 Newshound Guru Clare Article: "The Central Bank announces an understanding with the US Treasury to reconsider sanctions and indicates 'illegal trade' "
3-16-2024 Newshound Guru Samson Article: "Central Bank Governor Announces Understanding with US Treasury to Review Sanctions on Banks"
3-16-2024 Intel Guru MarkZ It's been exceptionally quiet on the RV front overnight...Some have anticipation for this weekend...I hope they are right.
3-16-2024 Newshound Guru Pimpy I was hoping you guys caught this part of this paragraph... Article quote: "The Iraqi government is currently weighing the question of changing the currency." That should have told you everything you should have known right then and there...They're talking about deletion of the zeros. If they're deleting the zeros off of this (1.32) then they're also deleting the zeros off the currency...That's exactly doing critical thinking which is what you're going to need in order to get through this process.
3-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: You are within arms length of receiving your new exchange rate with your lower notes because it is in print. More importantly these words come from the right people that you can trust...Coming to you with the holy solemn oath promised that your prime minister bears witness that you will receive purchasing power and lower notes... FIREFLY: Yes...it is exciting. When we saw Alaq come on television and talk to us we knew we were going to be told more...
3-16-2024 Intel/Newshound Guru Babysmom THE ONLY DIFFERENCE BETWEEN CIRCULATED AND UNCIRCULATED CURRENCY REALLY ONLY APPEALS TO COLLECTORS. COLLECTORS WANT UNCIRCULATED CURRENCY BECAUSE IT'S IN PRISTINE CONDITION AND THEY CAN FRAME IT. FOR OUR PURPOSES WE ARE GOING TO BE EXCHANGING IT WITH THE BANK SO IT DOESN'T MATTER IF YOU PURCHASE CIRCULATED OR UNCIRCULATED AND OFTEN CIRCULATED IS LESS EXPENSIVE TO PURCHASE.
3-16-2024 Newshound/Intel Guru Walkingstick There were a few statements released by the GOI officials regarding their currency. The coming value at the onset of the release was revealed. That value was disclosed at/in negotiations...
3-16-2024 Newshound Guru Militia Man Iraq is going to go through that industrial revolution because they're going to rebuild the country. The evidence is quite clear. The fascinating part about it is we had Al-Sudani/his government say they were going to do the project to delete the zeros...They were going to have the Iraqi dinar be worth 1.32 dinars to the dollar. That equates to about $0.76. Those folks that talk about a LOP, how do they explain that? They can't because that's not what it is.
3-16-2024 Newshound Guru Pimpy It [the article] doesn't say the exchange rate is $1.32, more likely what it is Al-Sudani will change the exchange rate where you can buy 132 dinar for $1. That's a 90% increase. I don't know about you but I'd be pretty happy with that. I'd be content with that. I know a lot of you are expecting million, that doesn't mean it can't happen but if we're allowed to keep this currency that we have right now with all the zero and they change the exchange rate I'm going to count my blessing and sell them because I'm not going to take the risk of hoping for a higher exchange rate and then turn around and delete the zeros. $37,000 is not too bad for less than a $2,000 investment.
3-16-2024 Intel Guru Frank26 I made a mistake...$0.76 was correct. I apologized...It's 1.32 to $1 which comes out to the $0.76.
3-16-2024 Intel Guru MarkZ [via PDK] Comment: There is currently a bond crisis brewing. MarkZ: Yes there is…and years ago one of the key players in the RV told us to keep our eyes on the bond market and when it finally gasps its last breath…that is when we go... It is certainly troubled enough to gasp its last breath.
3-16-2024 Newshound/Intel Guru Mnt Goat ...the Chairman of the Finance Committee stressed, and I quote: “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.” What they are basically telling the CBI is to follow up and move more aggressively on this issue of increasing the value of the dinar...I believe there is enormous pressure to get the dinar revalued and conduct the 3 zero note changeout (The Project to Delete the Zeros).
3-16-2024 Intel Guru Frank26 It sure looks like it's happening in the next five minutes doesn't it? I need you to be realistic. This is the Middle East. Yes, what you're reading [Articles] is past tense. What they're doing is implementing it with the banks around the world.
3-16-2024 Newshound Guru Sandy Ingram Do not purchase any currency with Saddam's face on it unless you purchase it as a collector. Purchase currency that is now in circulation in Iraq.
3-16-2024 Newshound Guru Clare Article: "The Central Bank announces an understanding with the US Treasury to reconsider sanctions and indicates 'illegal trade' "
3-16-2024 Newshound Guru Samson Article: "Central Bank Governor Announces Understanding with US Treasury to Review Sanctions on Banks"
3-16-2024 Intel Guru MarkZ It's been exceptionally quiet on the RV front overnight...Some have anticipation for this weekend...I hope they are right.
3-16-2024 Newshound Guru Pimpy I was hoping you guys caught this part of this paragraph... Article quote: "The Iraqi government is currently weighing the question of changing the currency." That should have told you everything you should have known right then and there...They're talking about deletion of the zeros. If they're deleting the zeros off of this (1.32) then they're also deleting the zeros off the currency...That's exactly doing critical thinking which is what you're going to need in order to get through this process.
3-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: You are within arms length of receiving your new exchange rate with your lower notes because it is in print. More importantly these words come from the right people that you can trust...Coming to you with the holy solemn oath promised that your prime minister bears witness that you will receive purchasing power and lower notes... FIREFLY: Yes...it is exciting. When we saw Alaq come on television and talk to us we knew we were going to be told more...
3-16-2024 Intel/Newshound Guru Babysmom THE ONLY DIFFERENCE BETWEEN CIRCULATED AND UNCIRCULATED CURRENCY REALLY ONLY APPEALS TO COLLECTORS. COLLECTORS WANT UNCIRCULATED CURRENCY BECAUSE IT'S IN PRISTINE CONDITION AND THEY CAN FRAME IT. FOR OUR PURPOSES WE ARE GOING TO BE EXCHANGING IT WITH THE BANK SO IT DOESN'T MATTER IF YOU PURCHASE CIRCULATED OR UNCIRCULATED AND OFTEN CIRCULATED IS LESS EXPENSIVE TO PURCHASE.
3-16-2024 Newshound/Intel Guru Walkingstick There were a few statements released by the GOI officials regarding their currency. The coming value at the onset of the release was revealed. That value was disclosed at/in negotiations...
3-16-2024 Newshound Guru Militia Man Iraq is going to go through that industrial revolution because they're going to rebuild the country. The evidence is quite clear. The fascinating part about it is we had Al-Sudani/his government say they were going to do the project to delete the zeros...They were going to have the Iraqi dinar be worth 1.32 dinars to the dollar. That equates to about $0.76. Those folks that talk about a LOP, how do they explain that? They can't because that's not what it is.
3-16-2024 Newshound Guru Pimpy It [the article] doesn't say the exchange rate is $1.32, more likely what it is Al-Sudani will change the exchange rate where you can buy 132 dinar for $1. That's a 90% increase. I don't know about you but I'd be pretty happy with that. I'd be content with that. I know a lot of you are expecting million, that doesn't mean it can't happen but if we're allowed to keep this currency that we have right now with all the zero and they change the exchange rate I'm going to count my blessing and sell them because I'm not going to take the risk of hoping for a higher exchange rate and then turn around and delete the zeros. $37,000 is not too bad for less than a $2,000 investment.
3-16-2024 Intel Guru Frank26 I made a mistake...$0.76 was correct. I apologized...It's 1.32 to $1 which comes out to the $0.76.
3-16-2024 Intel Guru MarkZ [via PDK] Comment: There is currently a bond crisis brewing. MarkZ: Yes there is…and years ago one of the key players in the RV told us to keep our eyes on the bond market and when it finally gasps its last breath…that is when we go... It is certainly troubled enough to gasp its last breath.
3-16-2024 Newshound/Intel Guru Mnt Goat ...the Chairman of the Finance Committee stressed, and I quote: “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.” What they are basically telling the CBI is to follow up and move more aggressively on this issue of increasing the value of the dinar...I believe there is enormous pressure to get the dinar revalued and conduct the 3 zero note changeout (The Project to Delete the Zeros).
3-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq CBI governor said improving relations with international banks and amending the CBI bank Law. Alaq also saying about the $1.32 from 1320, if that's the case then Iraq will need lower notes for change if we go under 250 notes. FRANK: They're hinting to you what they're about to give you. They're having the conversation out in the open so you can prepare yourself...all of this is seeing the state to add value to your currency.
3-15-2024 Newshound Guru Pimpy The Coordinating Framework is trying to remove Al-Sudani. The political scene is going to be very unstable. If Maliki does his job and cause protest that means the country is going to be unstable which means the economy is unstable. All these things are going in the wrong direction. We went from being high as hell with lots of hope to now it's just looking terrible.
3-15-2024 Newshound Guru Militia Man Al Sudani has told the citizens the dinar is going to be stronger. $0.76 is not stronger however once they delete the zeros then they can apply their Real Effective Exchange Rate. Totally different ball game. Totally different circumstances. Pay attention. Let's see how this turns out.
3-15-2024 Guest Guru Harlequinc3 It helps me to think of it this way. 1.32 IQD to 1 USD means it takes 1 whole dinar and .32 of ANOTHER dinar just to get $1. It's not QUITE at a dollar. That's $.76. So if it was .50 IQD to 1 USD, that means it only takes HALF of one whole dinar to equal a dollar -- so that's a $2 rate. If it was .33 IQD to 1 USD, that means it only takes 1/3 of a whole dinar to equal a dollar -- wow, that's a $3 rate! [Dinar Guru Note: The Dinar Guru Calculator automatically converts different possible dinar to USD or USD to dinar rates. It tells you exactly how much U.S. money you get at the different rates. It's easy to understand and it's free to use. You can find it in the navigation bar at the top of this page. It's free to use for dinar guru community members.]
3-15-2024 Intel Guru Bruce [via WiserNow] ...I feel like we're making the final turn on the track. We're getting ready - We're in the homestretch before we cross the finish line...
3-15-2024 Newshound Guru Pimpy Article Quote: "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1,32 Iraqi dinars instead of 1320 dinars. Implementing such a decision is likely to significantly increase Al-Sudani's popularity." I know everybody somehow, someway got that the exchange rate was going to be
$1.32. That's not what this article says. It says the official cost of the US dollar will be 1.32 Iraqi dinars...What I'm hoping this means is $1 US will get you 132 Iraqi dinar. That would be pretty nice increase in the Iraqi exchange rate. That's a 90% increase.
3-15-2024 Intel Guru Frank26 Article: "Among them concerns the dinar... the outcomes of Parliament’s finance meeting with the Central Bank" ALL THEY TALK ABOUT IS THE 1.32 & THE INTRODUCTION OF THE LOWER NOTES!!! FINALLY... THE SOUND HEARD AROUND THE WORLD! This is actually happening. This is a reality. The monetary reform to add value to the currency and then to float internationally is a reality...because it's in print.
3-15-2024 Newshound/Intel Guru Petra Early Monday morning was the article demonstrating the fact that Sudani was considering changing the rate of the dinar from 1310 to 1.32 which for us in the United States is $0.79... Then the very next day we get an article talking about the new small category notes. They're talking rate, they're talking notes. And then you got Tannini the Commerce Director there talking about a surprise could happen within hours in regards to their monetary reform...
3-15-2024 Newshound Guru Samson "Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market"
3-15-2024 Intel Guru MarkZ [via PDK] We still do not know the timing but I am going to reiterate that the weekend before last they formed a committee to help inform businesses and citizens how to deal with the changing rate and changing prices that is going to occur. This is huge.
3-15-2024 Intel Guru Frank26 There was an announcement made by the Prime Minister Sudani...He told the Iraqi citizens, I'm going to add value to your currency. He used a solemn oath that swears upon Allah their God. You don't go around breaking that promise. It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency...Sudani told the citizens we're going to raise it to $1.32...He explained if we lift the 3-zeros from the exchange rate we'll be able to give you $1.32 in country. That's good purchasing power.
3-15-2024 Newshound Guru Clare Article: "After hosting the Governor... Parliamentary Finance: We look forward to raising the value of the dinar" Quote: "...Thursday, the Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market."
3-15-2024 Newshound/Intel Guru Mnt Goat There are many who want to force the reinstatement which is like me telling you that on March 19th (first day of Spring) suddenly overnight everything will change and wamoo we will have spring. But we all know it doesn’t work this way and so we must make this logical analogy / comparison to our investment the RV. Just like mother nature has a plan for spring the CBI too has a plan and it takes time to execute it
3-15-2024 Newshound Guru Pimpy The Coordinating Framework is trying to remove Al-Sudani. The political scene is going to be very unstable. If Maliki does his job and cause protest that means the country is going to be unstable which means the economy is unstable. All these things are going in the wrong direction. We went from being high as hell with lots of hope to now it's just looking terrible.
3-15-2024 Newshound Guru Militia Man Al Sudani has told the citizens the dinar is going to be stronger. $0.76 is not stronger however once they delete the zeros then they can apply their Real Effective Exchange Rate. Totally different ball game. Totally different circumstances. Pay attention. Let's see how this turns out.
3-15-2024 Guest Guru Harlequinc3 It helps me to think of it this way. 1.32 IQD to 1 USD means it takes 1 whole dinar and .32 of ANOTHER dinar just to get $1. It's not QUITE at a dollar. That's $.76. So if it was .50 IQD to 1 USD, that means it only takes HALF of one whole dinar to equal a dollar -- so that's a $2 rate. If it was .33 IQD to 1 USD, that means it only takes 1/3 of a whole dinar to equal a dollar -- wow, that's a $3 rate! [Dinar Guru Note: The Dinar Guru Calculator automatically converts different possible dinar to USD or USD to dinar rates. It tells you exactly how much U.S. money you get at the different rates. It's easy to understand and it's free to use. You can find it in the navigation bar at the top of this page. It's free to use for dinar guru community members.]
3-15-2024 Intel Guru Bruce [via WiserNow] ...I feel like we're making the final turn on the track. We're getting ready - We're in the homestretch before we cross the finish line...
3-15-2024 Newshound Guru Pimpy Article Quote: "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1,32 Iraqi dinars instead of 1320 dinars. Implementing such a decision is likely to significantly increase Al-Sudani's popularity." I know everybody somehow, someway got that the exchange rate was going to be
$1.32. That's not what this article says. It says the official cost of the US dollar will be 1.32 Iraqi dinars...What I'm hoping this means is $1 US will get you 132 Iraqi dinar. That would be pretty nice increase in the Iraqi exchange rate. That's a 90% increase.
3-15-2024 Intel Guru Frank26 Article: "Among them concerns the dinar... the outcomes of Parliament’s finance meeting with the Central Bank" ALL THEY TALK ABOUT IS THE 1.32 & THE INTRODUCTION OF THE LOWER NOTES!!! FINALLY... THE SOUND HEARD AROUND THE WORLD! This is actually happening. This is a reality. The monetary reform to add value to the currency and then to float internationally is a reality...because it's in print.
3-15-2024 Newshound/Intel Guru Petra Early Monday morning was the article demonstrating the fact that Sudani was considering changing the rate of the dinar from 1310 to 1.32 which for us in the United States is $0.79... Then the very next day we get an article talking about the new small category notes. They're talking rate, they're talking notes. And then you got Tannini the Commerce Director there talking about a surprise could happen within hours in regards to their monetary reform...
3-15-2024 Newshound Guru Samson "Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market"
3-15-2024 Intel Guru MarkZ [via PDK] We still do not know the timing but I am going to reiterate that the weekend before last they formed a committee to help inform businesses and citizens how to deal with the changing rate and changing prices that is going to occur. This is huge.
3-15-2024 Intel Guru Frank26 There was an announcement made by the Prime Minister Sudani...He told the Iraqi citizens, I'm going to add value to your currency. He used a solemn oath that swears upon Allah their God. You don't go around breaking that promise. It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency...Sudani told the citizens we're going to raise it to $1.32...He explained if we lift the 3-zeros from the exchange rate we'll be able to give you $1.32 in country. That's good purchasing power.
3-15-2024 Newshound Guru Clare Article: "After hosting the Governor... Parliamentary Finance: We look forward to raising the value of the dinar" Quote: "...Thursday, the Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market."
3-15-2024 Newshound/Intel Guru Mnt Goat There are many who want to force the reinstatement which is like me telling you that on March 19th (first day of Spring) suddenly overnight everything will change and wamoo we will have spring. But we all know it doesn’t work this way and so we must make this logical analogy / comparison to our investment the RV. Just like mother nature has a plan for spring the CBI too has a plan and it takes time to execute it
3-14-2024 Intel Guru MarkZ [via PDK] If any of you are questioning if this is ever going to happen …I want to give you some reassurance…. Here we are at Thursday and this is the second time this week …directly from the Iraqi Parliament: “Parliamantary Finance and CBI discuss increasing the DINAR and controlling the market”. In other words they need to remove restrictions on the banks and increase the value…that is how they control the market...They are still openly talking about it…again.
3-14-2024 Newshound Guru Militia Man ...If they adjust the exchange rate and delete the zeroes who's going to need the dollar when they apply the new Real Effective Exchange Rate to it? Nobody is going to need the dollar because the dinar is going to be stronger than the dollar and that's my opinion. We are in a situation where ...a political crisis...or surprises could change the exchange rate and that could come within hours...
3-14-2024 Newshound Guru tishwash Article: "Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market"
3-14-2024 Intel Guru MarkZ [via PDK] I take it as a very good sign...It is encouraging to hear an active conversation about it and that it’s going soon...I am still hearing that the majority of the currencies will be going all at once. But, its best to be prepared. Question: if Iraq and Iran go first and alone, I wonder- will the currency still be allowed to float? MarkZ: I would assume “YES” …I believe all currencies will be allowed to float after this. Because of the underlying asset values. [post 2 of 2]
3-14-2024 Intel Guru MarkZ [via PDK] Question: Anyone heard anything about Iraq going by itself - not all countries? MarkZ: A person in our community had an interesting conversation. He has a personal relationship with a banker. Quote: "Met for dinner with a banking executive...the banker told me about the basket, or first round is going to be only the Iraqi dinar and the Iranian Rial. He said those countries are gold backed and their internal banking systems are more set up…more so then the others are. The dong should be ready to exchange by late fall...He did not know about the shotgun start and said it will be easier to roll them out piecemeal..." [post 1 of 2....stay tuned]
3-14-2024 Intel/Newshound Guru Babysmom ...THE DINAR RATE OF $1.32 IS WHAT THEY ARE HOPING WILL COME OUT IN IRAQ. OUR RATE WILL BE BETTER.
3-14-2024 Newshound/Intel Guru BGG Article quote: “The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely to significantly increase Al-Sudani’s popularity.” ...The article was published yesterday & I am suspicious of it’s veracity and timing. It always seems to get tossed around during election season. Furthermore, how they decide to get from 1320:1 to 1.32:1 is another story entirely...Everyone will get all excited, when in reality… even if this is a legit move – it could still go 20 different ways.
3-14-2024 Intel Guru RayRen98 SO, SOME AGREEMENTS WERE MET LAST NIGHT....LET'S SEE WHERE THAT TAKES US FOR LATER TODAY?
3-14-2024 Newshound/Intel Guru Mnt Goat Don’t be discouraged, the currency reform and banking process has come a very long way in a short period of time since January 2023 compared to waiting since 2011, when the plan originated with the IMF on how to turn the currency back on. So we went 11 years with not much progress then suddenly a huge jump which tells us something is up. This alone is all telling...If Iraq is to progress, as they say is their goal, they will need a globally recognized and traded currency once again and get it VERY SOON!
3-14-2023 Intel Guru MarkZ [via PDK] The calls out of Iraq...have been phenomenal. A couple of sources there are reaffirming that everything is finished on their side. They are waiting for the US Treasury assistance to release. They have told me it could be any moment to a couple weeks - but, they expect it very soon. But they stress that their end is done.
3-14-2024 Newshound Guru Militia Man ...If they adjust the exchange rate and delete the zeroes who's going to need the dollar when they apply the new Real Effective Exchange Rate to it? Nobody is going to need the dollar because the dinar is going to be stronger than the dollar and that's my opinion. We are in a situation where ...a political crisis...or surprises could change the exchange rate and that could come within hours...
3-14-2024 Newshound Guru tishwash Article: "Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market"
3-14-2024 Intel Guru MarkZ [via PDK] I take it as a very good sign...It is encouraging to hear an active conversation about it and that it’s going soon...I am still hearing that the majority of the currencies will be going all at once. But, its best to be prepared. Question: if Iraq and Iran go first and alone, I wonder- will the currency still be allowed to float? MarkZ: I would assume “YES” …I believe all currencies will be allowed to float after this. Because of the underlying asset values. [post 2 of 2]
3-14-2024 Intel Guru MarkZ [via PDK] Question: Anyone heard anything about Iraq going by itself - not all countries? MarkZ: A person in our community had an interesting conversation. He has a personal relationship with a banker. Quote: "Met for dinner with a banking executive...the banker told me about the basket, or first round is going to be only the Iraqi dinar and the Iranian Rial. He said those countries are gold backed and their internal banking systems are more set up…more so then the others are. The dong should be ready to exchange by late fall...He did not know about the shotgun start and said it will be easier to roll them out piecemeal..." [post 1 of 2....stay tuned]
3-14-2024 Intel/Newshound Guru Babysmom ...THE DINAR RATE OF $1.32 IS WHAT THEY ARE HOPING WILL COME OUT IN IRAQ. OUR RATE WILL BE BETTER.
3-14-2024 Newshound/Intel Guru BGG Article quote: “The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely to significantly increase Al-Sudani’s popularity.” ...The article was published yesterday & I am suspicious of it’s veracity and timing. It always seems to get tossed around during election season. Furthermore, how they decide to get from 1320:1 to 1.32:1 is another story entirely...Everyone will get all excited, when in reality… even if this is a legit move – it could still go 20 different ways.
3-14-2024 Intel Guru RayRen98 SO, SOME AGREEMENTS WERE MET LAST NIGHT....LET'S SEE WHERE THAT TAKES US FOR LATER TODAY?
3-14-2024 Newshound/Intel Guru Mnt Goat Don’t be discouraged, the currency reform and banking process has come a very long way in a short period of time since January 2023 compared to waiting since 2011, when the plan originated with the IMF on how to turn the currency back on. So we went 11 years with not much progress then suddenly a huge jump which tells us something is up. This alone is all telling...If Iraq is to progress, as they say is their goal, they will need a globally recognized and traded currency once again and get it VERY SOON!
3-14-2023 Intel Guru MarkZ [via PDK] The calls out of Iraq...have been phenomenal. A couple of sources there are reaffirming that everything is finished on their side. They are waiting for the US Treasury assistance to release. They have told me it could be any moment to a couple weeks - but, they expect it very soon. But they stress that their end is done.
3-13-2024 Intel Guru Frank26 I've always said that when it would happen IMO it would be from a Saturday night when you're asleep to when you wake up on Sunday morning. Saturday into Sunday is what I've always said. Sunday into Monday is illogical because that's a second day of the week. The first day of the week is when you would officially kick the football and start the game.
3-13-2024 Newshound Guru Pimpy I hold millions of dinar and people act like I don't want the $3.22 exchange rate with the current currency, 'No, Pimpy doesn't like it. He doesn't believe in it.' What the hell are you talking about? I own millions of dinars. Nothing would make me more happier than them to jump up to a $3.22 rate and keep the same bank notes that we got now.
3-13-2024 Newshound Guru Clare Article: "Al-Sistani: The beginning of the month of Ramadan is today, Tuesday”
3-13-2024 Newshound Guru Sandy Ingram OPEC+ members agreed to extend voluntary production cuts by 2.2 million barrels per day in the second quarter of the year...Iraq is losing anywhere from $2 to $3 billion a month in OPEC's volunteer program to cut oil production.
3-13-2024 Newshound Guru Militia Man Article: "Economics website: A new application enhances investment movement in Iraq" Quote: “...The new index, called (RSISX Total Return), compares currency exchange rate changes and the returns achieved.” It is not surprising they have a new RSISX Total Returns index for currency exchange rate changes. With Al-Sudani's government mention of 1.32 dinars to the dollar yesterday and then today we see that there is talk of smaller denominations. Small enough to make change for 250 notes...Put all that with this new index being launched suggests for me, is that they are ready for change to come and not just in the exchange rate but...as in fils...This is another good sign Iraq is opening up to the world in a big way.
3-13-2024 Intel Guru Frank26 The banks are not saying as much that it's a scam. If you hear someone that says it's a scam it's probably someone at the very front line. But once you get past them we're finding they have JP Morgan representatives at every Chase Bank it seems like. Perfect timing...Not one bank story has been negative in 8 or 9 days or so...The resistance is getting less and less. The force field is no longer at 10, it's probably at 1 or 2.
3-13-2024 Newshound Guru Pimpy Can the Iraqi dinar get as valuable as a Kuwait dinar? Of course it could. There's a lot of hurdles there. Are they [Iraq] going to be reinstated? No. Two different stories. The invasion and occupation [of Kuwait] was about 7 months...The Kuwait government was still able to do business as usual outside of Kuwait, use the money they had in their reserve fund. Iraq did not have that, not to mention the fact that Saddam Hussein... printed the hell out of the Iraqi dinar causing the value of the Iraqi dinar to drop...You can't compare Iraq to Kuwait because there's no comparisons...
3-13-2024 Intel Guru MarkZ [via PDK] The market crash is looking closer and closer. More and more economists are saying it is likely …Jaime Diamond [CEO J.P. Morgan Chase] recently said the Iraqi dinar is going to save the worldwide financial system. So will we see the crash and then bam…they pull the trigger???
3-13-2024 Newshound Guru Paulette ...What we want to see posted on the CBI website as to how many IQD are required to purchase 1 USD is 1.00 or less. If they post 3.22 IQD to 1 USD, this would mean 31 cents per 1 IQD. We want them to post .31 IQD to 1 USD which is then 3.22 USD to 1 IQD. Realize, they post how many IQD it takes to purchase 1 of another currency. [Post 2 of 2] [Dinar Guru Note: The Dinar Guru Calculator automatically converts different possible dinar to USD or USD to dinar rates. It tells you exactly how much U.S. money you get at the different rates. It's easy to understand and it's free to use. You can find it in the navigation bar at the top of this page.]
3-13-2024 Newshound Guru Paulette This is clearly what the article said... They are weighing changing the rate from 1,320 dinars per dollar to 1.32 dinars per dollar. This is clearly 76 cents to 1 IQD...Currently the rate is 1,320 IQD to 1 USD. Looking it at the other way, this is 0.0007575 USD to 1 IQD. If they drop 1 zero from the exchange rate: 132.0 IQD to 1 USD or 0.007575 USD to 1 IQD. If they drop 2 zeros: 13.2 IQD to 1 USD or 0.07575 USD to 1 IQD. If they drop 3 zeros: 1.32 IQD to 1 USD or .7575 USD to 1 IQD. Therefore, 1.32 IQD to 1 USD is 76 cents to each IQD. [Post 1 of 2....stay tuned]
3-13-2024 Intel Guru Frank26 We were looking for 1,200 or 1,000 [to 1 USD] but I don't think we're going to see it...We haven't seen a single pip movement ...It's possible they may be looking at $1.10, $1.20 or $1.30...Let's see where they enter the basket. I'd love for them enter at 1320 because that means we're ready. I don't think there's any more preparation is required...I believe they have the potential to cap it at about $4.25 [in the float].
3-13-2024 Intel Guru MarkZ [via PDK] Comment: ...I am starting to think this is all bullcrap…please talk me off the cliff. MarkZ: Were you paying attention yesterday morning? Did you see the article yesterday where they are “OPENLY” talking about changing the rate [Reference MarkZ posts 1 & 2, 3-11-24, below] …and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….
3-13-2024 Newshound/Intel Guru Mnt Goat This Saturday I had my normal call to my CBI contact in Iraq and was told they too are waiting for the signal to go ahead with the Project to Delete the Zeros. This is the next step. Everything from the Iraqi side has been cleared but the US Treasury has not yet given their assurance of the reinstatement once the process moves to the next step. The CBI now wants this in writing and a formal document stating the approvals. They are waiting for this to come. ...we know that what has been accomplished in the de-dollarization process is hard to undo at that point...So, there is no turning back and they must move ahead.
3-13-2024 Newshound Guru Pimpy I hold millions of dinar and people act like I don't want the $3.22 exchange rate with the current currency, 'No, Pimpy doesn't like it. He doesn't believe in it.' What the hell are you talking about? I own millions of dinars. Nothing would make me more happier than them to jump up to a $3.22 rate and keep the same bank notes that we got now.
3-13-2024 Newshound Guru Clare Article: "Al-Sistani: The beginning of the month of Ramadan is today, Tuesday”
3-13-2024 Newshound Guru Sandy Ingram OPEC+ members agreed to extend voluntary production cuts by 2.2 million barrels per day in the second quarter of the year...Iraq is losing anywhere from $2 to $3 billion a month in OPEC's volunteer program to cut oil production.
3-13-2024 Newshound Guru Militia Man Article: "Economics website: A new application enhances investment movement in Iraq" Quote: “...The new index, called (RSISX Total Return), compares currency exchange rate changes and the returns achieved.” It is not surprising they have a new RSISX Total Returns index for currency exchange rate changes. With Al-Sudani's government mention of 1.32 dinars to the dollar yesterday and then today we see that there is talk of smaller denominations. Small enough to make change for 250 notes...Put all that with this new index being launched suggests for me, is that they are ready for change to come and not just in the exchange rate but...as in fils...This is another good sign Iraq is opening up to the world in a big way.
3-13-2024 Intel Guru Frank26 The banks are not saying as much that it's a scam. If you hear someone that says it's a scam it's probably someone at the very front line. But once you get past them we're finding they have JP Morgan representatives at every Chase Bank it seems like. Perfect timing...Not one bank story has been negative in 8 or 9 days or so...The resistance is getting less and less. The force field is no longer at 10, it's probably at 1 or 2.
3-13-2024 Newshound Guru Pimpy Can the Iraqi dinar get as valuable as a Kuwait dinar? Of course it could. There's a lot of hurdles there. Are they [Iraq] going to be reinstated? No. Two different stories. The invasion and occupation [of Kuwait] was about 7 months...The Kuwait government was still able to do business as usual outside of Kuwait, use the money they had in their reserve fund. Iraq did not have that, not to mention the fact that Saddam Hussein... printed the hell out of the Iraqi dinar causing the value of the Iraqi dinar to drop...You can't compare Iraq to Kuwait because there's no comparisons...
3-13-2024 Intel Guru MarkZ [via PDK] The market crash is looking closer and closer. More and more economists are saying it is likely …Jaime Diamond [CEO J.P. Morgan Chase] recently said the Iraqi dinar is going to save the worldwide financial system. So will we see the crash and then bam…they pull the trigger???
3-13-2024 Newshound Guru Paulette ...What we want to see posted on the CBI website as to how many IQD are required to purchase 1 USD is 1.00 or less. If they post 3.22 IQD to 1 USD, this would mean 31 cents per 1 IQD. We want them to post .31 IQD to 1 USD which is then 3.22 USD to 1 IQD. Realize, they post how many IQD it takes to purchase 1 of another currency. [Post 2 of 2] [Dinar Guru Note: The Dinar Guru Calculator automatically converts different possible dinar to USD or USD to dinar rates. It tells you exactly how much U.S. money you get at the different rates. It's easy to understand and it's free to use. You can find it in the navigation bar at the top of this page.]
3-13-2024 Newshound Guru Paulette This is clearly what the article said... They are weighing changing the rate from 1,320 dinars per dollar to 1.32 dinars per dollar. This is clearly 76 cents to 1 IQD...Currently the rate is 1,320 IQD to 1 USD. Looking it at the other way, this is 0.0007575 USD to 1 IQD. If they drop 1 zero from the exchange rate: 132.0 IQD to 1 USD or 0.007575 USD to 1 IQD. If they drop 2 zeros: 13.2 IQD to 1 USD or 0.07575 USD to 1 IQD. If they drop 3 zeros: 1.32 IQD to 1 USD or .7575 USD to 1 IQD. Therefore, 1.32 IQD to 1 USD is 76 cents to each IQD. [Post 1 of 2....stay tuned]
3-13-2024 Intel Guru Frank26 We were looking for 1,200 or 1,000 [to 1 USD] but I don't think we're going to see it...We haven't seen a single pip movement ...It's possible they may be looking at $1.10, $1.20 or $1.30...Let's see where they enter the basket. I'd love for them enter at 1320 because that means we're ready. I don't think there's any more preparation is required...I believe they have the potential to cap it at about $4.25 [in the float].
3-13-2024 Intel Guru MarkZ [via PDK] Comment: ...I am starting to think this is all bullcrap…please talk me off the cliff. MarkZ: Were you paying attention yesterday morning? Did you see the article yesterday where they are “OPENLY” talking about changing the rate [Reference MarkZ posts 1 & 2, 3-11-24, below] …and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….
3-13-2024 Newshound/Intel Guru Mnt Goat This Saturday I had my normal call to my CBI contact in Iraq and was told they too are waiting for the signal to go ahead with the Project to Delete the Zeros. This is the next step. Everything from the Iraqi side has been cleared but the US Treasury has not yet given their assurance of the reinstatement once the process moves to the next step. The CBI now wants this in writing and a formal document stating the approvals. They are waiting for this to come. ...we know that what has been accomplished in the de-dollarization process is hard to undo at that point...So, there is no turning back and they must move ahead.
3-12-2024 Intel Guru Frank26 [Three corners of Arkansas, Oklahoma, Missouri Chase Bank Story] I just walked in. I didn't at first tell them what was going on...I started saying I'm coming into some money, I made a couple investments that look like they're going to pay off. He flat out asked, is this the dinar?...Yes...He stood up at that point and was like, I'll be right back. He
goes and gets the JP Morgan guy. FRANK: You are blessed. Not everyone is going to the banks with the JP Morgan reps. If you got one of those there they'll talk to you. If not, they'll still treat you like an idiot.
3-12-2024 Newshound Guru Paulette Sistani set...3/12/24 as the first day of Ramadan...Note, IMO, Kuwait Reinstated their currency during Ramadan in 1991...therefore, it appears that it very well can be possible to see Iraq change their currency structure during Ramadan.
3-12-2024 Intel Guru MarkZ [via PDK] [Reference MarkZ posts 1 & 2, 3-11-24, below] If Iraqs rate comes out at .76…Wonder what VND rate will be? MarkZ: ...that could mean...dong at .36 - .40 cents…we always thought the VND would be 3/4 of the value of the IQD. And I believe those rates are the worst case scenarios. So nobody panic. I still very much think that we could get up to $4 on the dinar…and closer to $2 on the dong...
3-12-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki Update] They had a zoom meeting. It was with the CBI, all other banks and US Treasury, IMF, everybody, they were all in this zoom meeting. They told him a lot but the only important thing...was I was told once again, 'We need you to be back at the bank because at anytime you are going to be very busy.' Aki is just like you and I, sitting there waiting...
3-12-2024 Intel Guru Frank26 The transitional period is what you're experiencing right now...in the monetary reform.
3-12-2024 Newshound Guru Pimpy Does Iraq have the ability to be similar to what Kuwait has? Of course it does, but they got a long way to go...When I first started talking about the Iraqi dinar, I thought Iraq is going to be just like Kuwait. Until you actually start really digging into it and researching you find out they're nothing alike...
3-12-2024 Newshound Guru Militia Man This is fascinating because this is coming from the Iraqi government today in the same context of Al-Sudani. Article quote: "The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely to significantly increase Al-Sudani's popularity." You think!? Bring the purchasing power of $0.76 - that's what it equates to...deleting the zeros just like we've been talking about.
3-12-2024 Intel Guru Frank26 Article: "Coordination Framework seeks early election to curb al-Sudani's growing popularity: analysis" Quote: "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars." Now do you understand why they left it at 1320 even though we suggested that they would take it to 1200 or 1000?
3-12-2024 Newshound Guru Samson Article: "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity"
3-12-2024 Newshound/Intel Guru Mnt Goat Article: "THE NEW IRAQI OIL LAW UNDERMINES THE DREAM OF KURDISH INDEPENDENCE" Quote: "On February 21, the Federal Supreme Court ruled that the Iraqi Kurdistan Regional Government must hand over “all oil and non-oil revenues” to Baghdad." This is a solid start to getting the Oil and Gas Law completed and to parliament for a vote. This must be completed to finish a Constitutional requirement to fully implement the new 2005 Iraqi Constitution. This was told to me a decade ago that this is critical to normalizing Iraq. So this is all excellent news for us today... [DinarGuru NOTE: View the full 'Possible To Do List' in the left column of this page...]
3-12-2024 Intel Guru MarkZ [via PDK] Comment: ...contacts in Iraq...think it will go between the 10th to the 24th of March. MarkZ: That’s the general consensus amongst my Iraqi contacts as well…. We will see how it plays out.
3-12-2024 Intel Guru MarkZ [via PDK] Comment: I think .76 cents is a sucker rate. MarkZ: I also believe .76 cents would be a sucker rate. Comment: Maybe .76 cents prepares the forex market for what is to come. So $3.50 to $4.25 won’t surprise them? MarkZ: I agree and it also prepares the people for a different rate. This big a change needs to be prepared for.
goes and gets the JP Morgan guy. FRANK: You are blessed. Not everyone is going to the banks with the JP Morgan reps. If you got one of those there they'll talk to you. If not, they'll still treat you like an idiot.
3-12-2024 Newshound Guru Paulette Sistani set...3/12/24 as the first day of Ramadan...Note, IMO, Kuwait Reinstated their currency during Ramadan in 1991...therefore, it appears that it very well can be possible to see Iraq change their currency structure during Ramadan.
3-12-2024 Intel Guru MarkZ [via PDK] [Reference MarkZ posts 1 & 2, 3-11-24, below] If Iraqs rate comes out at .76…Wonder what VND rate will be? MarkZ: ...that could mean...dong at .36 - .40 cents…we always thought the VND would be 3/4 of the value of the IQD. And I believe those rates are the worst case scenarios. So nobody panic. I still very much think that we could get up to $4 on the dinar…and closer to $2 on the dong...
3-12-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki Update] They had a zoom meeting. It was with the CBI, all other banks and US Treasury, IMF, everybody, they were all in this zoom meeting. They told him a lot but the only important thing...was I was told once again, 'We need you to be back at the bank because at anytime you are going to be very busy.' Aki is just like you and I, sitting there waiting...
3-12-2024 Intel Guru Frank26 The transitional period is what you're experiencing right now...in the monetary reform.
3-12-2024 Newshound Guru Pimpy Does Iraq have the ability to be similar to what Kuwait has? Of course it does, but they got a long way to go...When I first started talking about the Iraqi dinar, I thought Iraq is going to be just like Kuwait. Until you actually start really digging into it and researching you find out they're nothing alike...
3-12-2024 Newshound Guru Militia Man This is fascinating because this is coming from the Iraqi government today in the same context of Al-Sudani. Article quote: "The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely to significantly increase Al-Sudani's popularity." You think!? Bring the purchasing power of $0.76 - that's what it equates to...deleting the zeros just like we've been talking about.
3-12-2024 Intel Guru Frank26 Article: "Coordination Framework seeks early election to curb al-Sudani's growing popularity: analysis" Quote: "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars." Now do you understand why they left it at 1320 even though we suggested that they would take it to 1200 or 1000?
3-12-2024 Newshound Guru Samson Article: "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity"
3-12-2024 Newshound/Intel Guru Mnt Goat Article: "THE NEW IRAQI OIL LAW UNDERMINES THE DREAM OF KURDISH INDEPENDENCE" Quote: "On February 21, the Federal Supreme Court ruled that the Iraqi Kurdistan Regional Government must hand over “all oil and non-oil revenues” to Baghdad." This is a solid start to getting the Oil and Gas Law completed and to parliament for a vote. This must be completed to finish a Constitutional requirement to fully implement the new 2005 Iraqi Constitution. This was told to me a decade ago that this is critical to normalizing Iraq. So this is all excellent news for us today... [DinarGuru NOTE: View the full 'Possible To Do List' in the left column of this page...]
3-12-2024 Intel Guru MarkZ [via PDK] Comment: ...contacts in Iraq...think it will go between the 10th to the 24th of March. MarkZ: That’s the general consensus amongst my Iraqi contacts as well…. We will see how it plays out.
3-12-2024 Intel Guru MarkZ [via PDK] Comment: I think .76 cents is a sucker rate. MarkZ: I also believe .76 cents would be a sucker rate. Comment: Maybe .76 cents prepares the forex market for what is to come. So $3.50 to $4.25 won’t surprise them? MarkZ: I agree and it also prepares the people for a different rate. This big a change needs to be prepared for.
3-11-2024 Intel Guru Frank26 Question: "Do you believe one more move to 1,000 or RI?" It looks like 1310 might be what they were seeking. Maybe a dollar is not enough.
3-11-2024 Newshound Guru Pimpy You can still see Iraq is taking the steps necessary to deal with corruption, update all their systems so they can keep better track of things and continue down the path to joining the international community...Iraq has taken all the steps necessary...It's looking very good for Iraq as long as they stay on this path...
3-11-2024 Intel Guru MarkZ [via PDK] Question: Are they going to knock it out this week? They need to knock it out this week…. A lot of people are expecting it this week in the banking world…we will see what happens.…
3-11-2024 Newshound Guru Clare Article: "Advisor to the Prime Minister: The stability of the exchange rate gives relative stability to gold prices" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the relative stability of gold prices in Iraq due to the value of the dinar... What determines gold prices today are the international gold exchanges, noting that the stability of the official Iraqi dinar exchange rate to the dollar gives relative stability to gold prices.”
3-11-2024 Guru Nader From The Mid East Article quote: "The Iraqi government and the Central Bank are dissatisfied with the nature of the US treasury's dealings with Iraqi banks...There is an effort to lift the sanctions..." They need to take off the sanctions of Iraq IQD.
3-11-2024 Newshound Guru Sandy Ingram IMF's report on Iraq's economy. This is a critical report dealing with Iraq's...financial future...Iraq could easily be on the path to a higher exchange rate depending on how the country responds to the IMF recommendations...Iraq's non-oil economy is expected to continue to its growth in 2024 after expanding by 6% in 2023. The IMF also reported Iraq's economy is projected to rebound in 2024...Iraq needs more sustainable non-oil growth according to...the IMF mission.
3-11-2024 Intel Guru MarkZ [via PDK] What does this mean? It means they don’t need the zeros anymore. This means that each Iraqi dinar would be worth .76 cents. This was right from Iraq’s own paper. And they are “currently weighing this question” I still very much believe we will see a higher rate than that …but let’s say each dinar is worth .76 cents. They may be coming in at .76 and letting it float. We don’t know for sure...I still believe it will be higher... But to see it openly discussed in their news is huge. [post 2 of 2]
3-11-2024 Intel Guru MarkZ [via PDK] Article: “Iraq’s ruling coalition may call for early elections” The Iranian lined up divisions seem to be afraid of Sudani. But he has about a 78 percent approval rating from the people and has gotten a lot done. But this statement is what they fear the most right now: ”The Iraqi government is currently weighing the question to change the currency so that the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320.” Implementing such a decision is likely to significantly increase Al Sudani’s popularity. [post 1 of 2....stay tuned]
3-11-2024 Intel Guru Frank26 JP Morgan I think is going to be extremely important to us...Don't just think that you're going to be limited to Chase and JP Morgan. I used [them as example] only so that it could be of help to you. To guide you. At least you know where you can start. If you don't like them go somewhere else.
3-11-2024 Newshound Guru Militia Man They're not going to...build a country at 1310. The math doesn't work. I don't care how many times people try to figure that out. Think about it for a second...1310 dinars to buy a pencil but if you can buy 100 pencils for one dinar because the dinar is worth $3.00, $4.00 or more. How many pencils can you buy? Think about that in bricks, steel, sewer systems, infrastructure, lighting, military operations, airplanes, guns and weapons, grocery stores at 1310 as opposed to 2, 3, 4 bucks. They specifically bring up and invoke 'previous eras' not me. I just report that...
3-11-2024 Intel Guru MarkZ [via PDK] Comment: Ramadan now…could be a while. MarkZ: If Kuwait is any kind of example…they don’t mind revaluing in Ramadan...I still think we could RV before April. But, nobody knows the exact timing.
3-11-2024 Newshound Guru Pimpy What is the difference between a mixed economy and a market economy? In a mixed economy the government plays a more active role in regulating and controlling certain aspects of the economy while in a market economy, the government's role is limited to maintaining a level playing field and protecting property rights...We know right now Iraq has a mixed economy...[with] a lot of state ran businesses...
3-11-2024 Intel Guru Frank26 The conditions of the monetary reform are perfect. All the waiting that we've been having forever and ever is also very perfect because what we're waiting for is just one thing and one thing only, the new exchange rate. That's it. The evidence is, banks know now.
3-11-2024 Newshound Guru Clare Article: "With its rise locally... Iraq's gold reserves were revealed" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the size of the Iraqi gold reserve at the Central Bank of Iraq...Monetary gold falls within the diversification of the monetary authority’s investment portfolio, and the numbers indicate that it exceeds 132 tons of monetary gold and within the safe range of reserves.”
3-11-2024 Newshound Guru Pimpy You can still see Iraq is taking the steps necessary to deal with corruption, update all their systems so they can keep better track of things and continue down the path to joining the international community...Iraq has taken all the steps necessary...It's looking very good for Iraq as long as they stay on this path...
3-11-2024 Intel Guru MarkZ [via PDK] Question: Are they going to knock it out this week? They need to knock it out this week…. A lot of people are expecting it this week in the banking world…we will see what happens.…
3-11-2024 Newshound Guru Clare Article: "Advisor to the Prime Minister: The stability of the exchange rate gives relative stability to gold prices" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the relative stability of gold prices in Iraq due to the value of the dinar... What determines gold prices today are the international gold exchanges, noting that the stability of the official Iraqi dinar exchange rate to the dollar gives relative stability to gold prices.”
3-11-2024 Guru Nader From The Mid East Article quote: "The Iraqi government and the Central Bank are dissatisfied with the nature of the US treasury's dealings with Iraqi banks...There is an effort to lift the sanctions..." They need to take off the sanctions of Iraq IQD.
3-11-2024 Newshound Guru Sandy Ingram IMF's report on Iraq's economy. This is a critical report dealing with Iraq's...financial future...Iraq could easily be on the path to a higher exchange rate depending on how the country responds to the IMF recommendations...Iraq's non-oil economy is expected to continue to its growth in 2024 after expanding by 6% in 2023. The IMF also reported Iraq's economy is projected to rebound in 2024...Iraq needs more sustainable non-oil growth according to...the IMF mission.
3-11-2024 Intel Guru MarkZ [via PDK] What does this mean? It means they don’t need the zeros anymore. This means that each Iraqi dinar would be worth .76 cents. This was right from Iraq’s own paper. And they are “currently weighing this question” I still very much believe we will see a higher rate than that …but let’s say each dinar is worth .76 cents. They may be coming in at .76 and letting it float. We don’t know for sure...I still believe it will be higher... But to see it openly discussed in their news is huge. [post 2 of 2]
3-11-2024 Intel Guru MarkZ [via PDK] Article: “Iraq’s ruling coalition may call for early elections” The Iranian lined up divisions seem to be afraid of Sudani. But he has about a 78 percent approval rating from the people and has gotten a lot done. But this statement is what they fear the most right now: ”The Iraqi government is currently weighing the question to change the currency so that the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320.” Implementing such a decision is likely to significantly increase Al Sudani’s popularity. [post 1 of 2....stay tuned]
3-11-2024 Intel Guru Frank26 JP Morgan I think is going to be extremely important to us...Don't just think that you're going to be limited to Chase and JP Morgan. I used [them as example] only so that it could be of help to you. To guide you. At least you know where you can start. If you don't like them go somewhere else.
3-11-2024 Newshound Guru Militia Man They're not going to...build a country at 1310. The math doesn't work. I don't care how many times people try to figure that out. Think about it for a second...1310 dinars to buy a pencil but if you can buy 100 pencils for one dinar because the dinar is worth $3.00, $4.00 or more. How many pencils can you buy? Think about that in bricks, steel, sewer systems, infrastructure, lighting, military operations, airplanes, guns and weapons, grocery stores at 1310 as opposed to 2, 3, 4 bucks. They specifically bring up and invoke 'previous eras' not me. I just report that...
3-11-2024 Intel Guru MarkZ [via PDK] Comment: Ramadan now…could be a while. MarkZ: If Kuwait is any kind of example…they don’t mind revaluing in Ramadan...I still think we could RV before April. But, nobody knows the exact timing.
3-11-2024 Newshound Guru Pimpy What is the difference between a mixed economy and a market economy? In a mixed economy the government plays a more active role in regulating and controlling certain aspects of the economy while in a market economy, the government's role is limited to maintaining a level playing field and protecting property rights...We know right now Iraq has a mixed economy...[with] a lot of state ran businesses...
3-11-2024 Intel Guru Frank26 The conditions of the monetary reform are perfect. All the waiting that we've been having forever and ever is also very perfect because what we're waiting for is just one thing and one thing only, the new exchange rate. That's it. The evidence is, banks know now.
3-11-2024 Newshound Guru Clare Article: "With its rise locally... Iraq's gold reserves were revealed" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the size of the Iraqi gold reserve at the Central Bank of Iraq...Monetary gold falls within the diversification of the monetary authority’s investment portfolio, and the numbers indicate that it exceeds 132 tons of monetary gold and within the safe range of reserves.”
3-10-2024 Intel Guru RayRen98 [via Babysmom] "EAST COAST BANK CONTACTS ARE "VERY EXCITED" AND ANTICIPATE INITIATING EXCHANGES EITHER LATE TONIGHT OR EARLY IN THE MORNING. TIME WILL TELL...
3-10-2024 Intel Guru Frank26 IMO This is an RI not and RV like the other people tell you. The RV was a long time ago...This is an RI. It is to be reinstated. I believe it's trying to reach $3.22 so he can be on par and then float in the basket and gain more value.
3-10-2024 Newshound Guru Pimpy Deleting the zeros off the currency will not change the price on the ISX [Iraqi Stock Exchange]. Changing the exchange rate will have an impact on the ISX.
3-10-2024 Newshound Guru Clare Article: "Central Bank: Inflation in Iraq decreased to 4%"
3-10-2024 Newshound Guru Sandy Ingram Iraq's stock market - A joke to many, a profit for others. Article: "Nasdaq signs New Agreement with Iraq Stock Exchange". This new Iraqi dinar stock market is now electronic and instead of taking three weeks for a transaction to complete it takes only five minutes.
3-10-2024 Newshound Guru Militia Man Everybody realized they have all these income streams. You realize it's not just going to be oil. The non-oil revenues, tourism, agriculture, liquid natural gas, natural resources, all those are going to be part of the future and so that's really powerful.
3-10-2024 Newshound Guru Paulette Community Comment: "...The rate doesn't matter but "freedom of movement of capital" is important. That is Article 8 compliance." They cannot be Article 8 compliant if the country is functioning under a MCP. A MCP [Multiple Currency Practices] includes a parallel rate of greater than 2% of the official rate by IMF definition. Saleh said last year that the parallel rate is "REQUIRED" to be 2% or less of the official rate...This 2% or less needs to be maintained for a period of 90 days. The parallel rate is still around 14% difference.
3-10-2024 Intel Guru Frank26 Each one has done their job - BOA, Chase, CitiBank, Wells Fargo. They're all in the chain of command now. These banks are being informed of what's going on. I also believe...the ones [banks] inside of Iraq are receiving new machines that have the software for the new lower notes...Chase, they don't need that software because they will not be proving/inspecting it [lower notes] they're just the middle person who sends it to the others. The others at JP [Morgan] have the new technology...machines...software. They are the ones training and practicing IMO...
3-10-2024 Newshound Guru Pimpy If we went from where it is now at .00077 all the way up to $3.22, you're looking at a 4,180% increase in value. The largest amount a currency ever revalued occurred January 1, 1948 when the Chinese government decided to revalue its currency the yuan as part of the efforts to stabilize the economy and recover from the devastation of World War II...The government set the new exchange rate at $1 US for every 1.4 yuan which was a 46.9% appreciation - The largest increase in value we have ever seen in the world is 46.9% in value...So Iraq is going to smash the old record of 46.9% increase in value by 4133%? Not going to happen.
3-10-2024 Newshound Guru Breitling Question: "The difference between Kuwaiti revaluation and the Iraqi dinar - what's the difference?" It's a completely different model...Kuwaiti got invaded. Saddam Hussein stole the printing press, the Kuwaiti version of the Treasury. Stole everything...Iraqi dinar was completely different. It was planned. They knew the old Iraqi currency was going to collapse. We injected their economy with dollars and euros. That's when they took the old dinars off the streets and introduced the new dinar you and I have. It's a completely different model. There's no way to compare.
3-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is going to Washington in April about getting controversy of Iraqi allies and Washington.
3-10-2024 Intel Guru MarkZ [via PDK] Question: So is this the month? MarkZ: I very much think this could be our month, I do not have a magical ball…but going back to the Simply Linn bank story and remind you that bank manager said he does not know the timing but know it’s soon. And we may know before they do. [Reference MarkZ's Simpy Linn Bank story from 3-9-2024 below]
3-10-2024 Intel Guru Frank26 IMO This is an RI not and RV like the other people tell you. The RV was a long time ago...This is an RI. It is to be reinstated. I believe it's trying to reach $3.22 so he can be on par and then float in the basket and gain more value.
3-10-2024 Newshound Guru Pimpy Deleting the zeros off the currency will not change the price on the ISX [Iraqi Stock Exchange]. Changing the exchange rate will have an impact on the ISX.
3-10-2024 Newshound Guru Clare Article: "Central Bank: Inflation in Iraq decreased to 4%"
3-10-2024 Newshound Guru Sandy Ingram Iraq's stock market - A joke to many, a profit for others. Article: "Nasdaq signs New Agreement with Iraq Stock Exchange". This new Iraqi dinar stock market is now electronic and instead of taking three weeks for a transaction to complete it takes only five minutes.
3-10-2024 Newshound Guru Militia Man Everybody realized they have all these income streams. You realize it's not just going to be oil. The non-oil revenues, tourism, agriculture, liquid natural gas, natural resources, all those are going to be part of the future and so that's really powerful.
3-10-2024 Newshound Guru Paulette Community Comment: "...The rate doesn't matter but "freedom of movement of capital" is important. That is Article 8 compliance." They cannot be Article 8 compliant if the country is functioning under a MCP. A MCP [Multiple Currency Practices] includes a parallel rate of greater than 2% of the official rate by IMF definition. Saleh said last year that the parallel rate is "REQUIRED" to be 2% or less of the official rate...This 2% or less needs to be maintained for a period of 90 days. The parallel rate is still around 14% difference.
3-10-2024 Intel Guru Frank26 Each one has done their job - BOA, Chase, CitiBank, Wells Fargo. They're all in the chain of command now. These banks are being informed of what's going on. I also believe...the ones [banks] inside of Iraq are receiving new machines that have the software for the new lower notes...Chase, they don't need that software because they will not be proving/inspecting it [lower notes] they're just the middle person who sends it to the others. The others at JP [Morgan] have the new technology...machines...software. They are the ones training and practicing IMO...
3-10-2024 Newshound Guru Pimpy If we went from where it is now at .00077 all the way up to $3.22, you're looking at a 4,180% increase in value. The largest amount a currency ever revalued occurred January 1, 1948 when the Chinese government decided to revalue its currency the yuan as part of the efforts to stabilize the economy and recover from the devastation of World War II...The government set the new exchange rate at $1 US for every 1.4 yuan which was a 46.9% appreciation - The largest increase in value we have ever seen in the world is 46.9% in value...So Iraq is going to smash the old record of 46.9% increase in value by 4133%? Not going to happen.
3-10-2024 Newshound Guru Breitling Question: "The difference between Kuwaiti revaluation and the Iraqi dinar - what's the difference?" It's a completely different model...Kuwaiti got invaded. Saddam Hussein stole the printing press, the Kuwaiti version of the Treasury. Stole everything...Iraqi dinar was completely different. It was planned. They knew the old Iraqi currency was going to collapse. We injected their economy with dollars and euros. That's when they took the old dinars off the streets and introduced the new dinar you and I have. It's a completely different model. There's no way to compare.
3-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is going to Washington in April about getting controversy of Iraqi allies and Washington.
3-10-2024 Intel Guru MarkZ [via PDK] Question: So is this the month? MarkZ: I very much think this could be our month, I do not have a magical ball…but going back to the Simply Linn bank story and remind you that bank manager said he does not know the timing but know it’s soon. And we may know before they do. [Reference MarkZ's Simpy Linn Bank story from 3-9-2024 below]
3-9-2024 Intel Guru Frank26 In November, December we started sending you [to the banks]. You came back with, oh, man they don't know nothing. They say it's a scam. Even the banks you bought the dinars from say it's a scam. Then in January we started to see a different trend. It was more like, just go away. Last month we started to see them talking a little bit more and then toward the end of the month I said to you banks in Iraq can start answering questions of the Iraqi citizens...now you see what's going on.
3-9-2024 Newshound Guru Pimpy Does Iraq have the potential to have a more valuable currency than Kuwait? Yeah absolutely...They have way more resources. As a matter of fact...Iraq is in the top 5 worldwide for the most resources. So, yeah, they have the potential to be there. There just not there yet...They have a lot more things to export than Kuwait does but they have to get past these hurdles. I think they will.
3-9-2024 Newshound Guru Militia Man They're not stopping. We don't have a date and rate but we can see the progress is before us...They're gearing to move Iraq to the private sector and to open up to the world...There's going to be money to be made and there's going to be a lot of it...
3-9-2024 Newshound Guru Samson Article: "Iraq is the fourth in the Arab world and the 30th in the world in the reserves of Yellow Resonant" [Gold]
3-9-2024 Newshound Guru Paulette Question: "I thought they met all the requirements [to join the WTO]?" All the articles say they have legislation that needs to be passed and the next meeting is in the "middle of the year.
3-9-2024 Intel Guru Frank26 In my opinion the Iraqi dinar is going through an internal float...Something is going on.
3-9-2024 Newshound Guru Sandy Ingram Vietnam Dong (VND): The reason for such a low rate is the transition from a centralized economy to a market-based one...We learned [Vietnam had] over 3 million international arrivals in the first 2 months of 2024, an increase of 68.7% year-on-year according to data released by The General Statistics Office.
3-9-2024 Newshound Guru Pimpy We're staying grounded...about the possibility of getting a huge payday. Remember it's only a possibility, just like there's a possibility they could re-denominate before they change the exchange rate...Re-denomination has nothing to do with the exchange rate. We want the exchange rate to change, not the Iraqi currency to delete the zeros. We don't want that to happen...Stop rooting for the deletion of the zeros. You don't want that to happen.
3-9-2024 Intel Guru MarkZ I thought this was brilliant and I plan on doing that as well. Not exchanging in my town. Anonymity is a good thing to have. He also mentioned our funds go into special accounts...When the man asked if it was the QFS - the lady smiled and nodded and said it was account that no one else can see it…even tellers will not be able to see it. Very safe. ...they also said they do now know “when” but know it’s coming soon and they have been preparing for it and equipped to exchange it right in front of your eyes…and there will be armed guards while you do the exchange. This was a fantastic bank story. [Post 2 of 2]
3-9-2024 Intel Guru MarkZ Bank Story via Simply Linn: In a nutshell - a guy goes to a chase bank and they know nothing…. He goes to another and sits down with a personal banker who asked him what assets he had… and the guy says he has foreign currency…dinar and dong…they bring in a wealth manager… Whose eyes light up and the wealth manager shared some serious details about exchanging and the QFS...they suggested to him to exchange out of his area for anonymity and security and to avoid local tellers talking about his exchange. [Post 1 of 2....stay tuned]
3-9-2024 Newshound Guru Militia Man Hypothetically the United States has lets say 5 to 10 trillion dinar. We have a nation debt of $30+ trillion. If the US is sitting on 5 to 10 trillion dinar, if they [Iraq] come back to a previous era which they say they are going to do...they talk about about $3.22...If they apply the Real Effective Exchange Rate to the Iraqi dinar based off their natural resources, not based off a punishment rate from the war era, not just based off of oil. Iraq's $3.22 was based off primarily oil. Now it's a different situation... [This would dramatically help the US with their debt] Iraq has a lot of gold...oil...religious tourism...
3-9-2024 Intel Guru Frank26 IMO They've already deleted the three zeros from the exchange rate. IMO that exchange rate came from the RV phase of the monetary reform that was accepted in Washington DC and all these other banks. That's why Sudani has thousands and thousands of contracts all waiting for the new exchange rate.
3-9-2024 Newshound/Intel Guru Mnt Goat Article: "INCLUDING IRAQ… 5 ARAB COUNTRIES POSSESS MORE THAN A THOUSAND TONS OF GOLD
RESERVES" Quote: "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves..." Yet the IQD is still 1/6 of a penny?
3-9-2024 Newshound Guru Pimpy Does Iraq have the potential to have a more valuable currency than Kuwait? Yeah absolutely...They have way more resources. As a matter of fact...Iraq is in the top 5 worldwide for the most resources. So, yeah, they have the potential to be there. There just not there yet...They have a lot more things to export than Kuwait does but they have to get past these hurdles. I think they will.
3-9-2024 Newshound Guru Militia Man They're not stopping. We don't have a date and rate but we can see the progress is before us...They're gearing to move Iraq to the private sector and to open up to the world...There's going to be money to be made and there's going to be a lot of it...
3-9-2024 Newshound Guru Samson Article: "Iraq is the fourth in the Arab world and the 30th in the world in the reserves of Yellow Resonant" [Gold]
3-9-2024 Newshound Guru Paulette Question: "I thought they met all the requirements [to join the WTO]?" All the articles say they have legislation that needs to be passed and the next meeting is in the "middle of the year.
3-9-2024 Intel Guru Frank26 In my opinion the Iraqi dinar is going through an internal float...Something is going on.
3-9-2024 Newshound Guru Sandy Ingram Vietnam Dong (VND): The reason for such a low rate is the transition from a centralized economy to a market-based one...We learned [Vietnam had] over 3 million international arrivals in the first 2 months of 2024, an increase of 68.7% year-on-year according to data released by The General Statistics Office.
3-9-2024 Newshound Guru Pimpy We're staying grounded...about the possibility of getting a huge payday. Remember it's only a possibility, just like there's a possibility they could re-denominate before they change the exchange rate...Re-denomination has nothing to do with the exchange rate. We want the exchange rate to change, not the Iraqi currency to delete the zeros. We don't want that to happen...Stop rooting for the deletion of the zeros. You don't want that to happen.
3-9-2024 Intel Guru MarkZ I thought this was brilliant and I plan on doing that as well. Not exchanging in my town. Anonymity is a good thing to have. He also mentioned our funds go into special accounts...When the man asked if it was the QFS - the lady smiled and nodded and said it was account that no one else can see it…even tellers will not be able to see it. Very safe. ...they also said they do now know “when” but know it’s coming soon and they have been preparing for it and equipped to exchange it right in front of your eyes…and there will be armed guards while you do the exchange. This was a fantastic bank story. [Post 2 of 2]
3-9-2024 Intel Guru MarkZ Bank Story via Simply Linn: In a nutshell - a guy goes to a chase bank and they know nothing…. He goes to another and sits down with a personal banker who asked him what assets he had… and the guy says he has foreign currency…dinar and dong…they bring in a wealth manager… Whose eyes light up and the wealth manager shared some serious details about exchanging and the QFS...they suggested to him to exchange out of his area for anonymity and security and to avoid local tellers talking about his exchange. [Post 1 of 2....stay tuned]
3-9-2024 Newshound Guru Militia Man Hypothetically the United States has lets say 5 to 10 trillion dinar. We have a nation debt of $30+ trillion. If the US is sitting on 5 to 10 trillion dinar, if they [Iraq] come back to a previous era which they say they are going to do...they talk about about $3.22...If they apply the Real Effective Exchange Rate to the Iraqi dinar based off their natural resources, not based off a punishment rate from the war era, not just based off of oil. Iraq's $3.22 was based off primarily oil. Now it's a different situation... [This would dramatically help the US with their debt] Iraq has a lot of gold...oil...religious tourism...
3-9-2024 Intel Guru Frank26 IMO They've already deleted the three zeros from the exchange rate. IMO that exchange rate came from the RV phase of the monetary reform that was accepted in Washington DC and all these other banks. That's why Sudani has thousands and thousands of contracts all waiting for the new exchange rate.
3-9-2024 Newshound/Intel Guru Mnt Goat Article: "INCLUDING IRAQ… 5 ARAB COUNTRIES POSSESS MORE THAN A THOUSAND TONS OF GOLD
RESERVES" Quote: "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves..." Yet the IQD is still 1/6 of a penny?
3-8-2024 Intel Guru Frank26 [Indiana Chase Bank Story] A nice guy sat down with us asked us questions about opening accounts...In the process of that being done...He asked me a simple question how much are you planning on putting in here? I told him it was going to be a sizable amount. He said, give me a figure. I said 7 figures at least... He looks at me and says, dinar? ...I said absolutely. He said he had a meeting yesterday...It wasn't long after that a nice looking young man...shook my hand and said Hi, my name is so and so and I'm with JP Morgan. FRANK: Oh my word, you're the 5th one that's told me this. It seems like they're bringing in JP Morgan representatives inside of Chase Banks. That what I'm noticing. BANK STORY MAN: This guy from JP Morgan he says...we've been waiting for this a long time haven't we... FRANK: This is exciting what's going on...
3-8-2024 Newshound Guru Pimpy People are pissed at me because I'm telling them of the possibility they should at least be aware of...What I'm talking to people about are the possibilities in the directions the IQD can go. I'm not saying it's one way or the other. I'm just saying these are the possibilities...These are just possibilities, we don't know. We can wake up tomorrow and the exchange rate is now $3.22...they have not...redenominated [A.K.A. LOPPED IT]. Then everybody is happy...
3-8-2024 Newshound Guru Militia Man Article: "We will soon announce Iraq accession to the World Trade Organization" They haven't quite said it yet but they're saying it. Isn't that telling?
3-8-2024 Newshound Guru Sandy Ingram On Monday of this week the president of Iraq Adbul Latif Jamal Rashid, met with the special representative of the Secretary General of the United Nations in Iraq, Jeanine Hennis-Plasschaert. In that meeting the President of Iraq...stated Iraq is keen to work with international organizations to confront challenges in the field of environment, climate, health, and education in a way that ensures a decent living for Iraqis. It is our hope as investors that a 'decent living' means an increase in the value of the currency.
3-8-2024 Newshound Guru Clare Article: "Iraq completes requirements to join WTO” ALL REQUIREMENTS HAVE BEEN MET FOR THE WTO
ACCESSION... IT CAN HAPPEN ANY TIME, DON'T LET THEM FOOL YOU.
3-8-2024 Newshound Guru Pimpy If you want to see an increase in the value of the Iraq dinar then there are things that need to happen in Iraq in order for the dinar to increase in value. One of them is they have to have a stable and robust economy. Then there are things Iraq need to do that continues to support, stabilize and strengthen the Iraqi dinar. One of those big steps is joining the World Trade Organization...
3-8-2024 Intel Guru Frank26 A lot of you are asking me, 'Do you think they'll do this new exchange rate during Ramadan?' I would prefer before or after Ramadan, not during. Ramadan is a holy time. You don't go around celebrating that you go purchasing power. No. You go around worshiping and honoring God.
3-8-2024 Intel Guru Bruce [via WiserNow] One of our Iraqi sources called - and I got this information...that Iraq was said that they were going to try to get this out to us. – meaning get the RV out over the weekend...we fully expect this to manifest over the weekend...I think that is very possible and...we do know that rates are going up on the screens...we know that these currencies are being traded on forex, we know that everything's pretty much running right along.
3-8-2024 Newshound Guru Paulette Question: "When is Iraq supposed to be in the WTO?" Not before they pass needed legislation, eliminate the MCP [Multiple Currency Practices] and are recognized as having accepted IMF Article 8 obligations. Accession Committee next meeting with Iraq is planned for the "middle of the year".
3-8-2024 Newshound Guru Militia Man Ministerial Council of Economics... Ministry of Planning, Industry, Trade, Central Bank of Iraq, Prime Minister, Deputy Prime Minister, advisers, all of those folks that are involved...have been knocking it out of the park themselves and showing why they are bringing Iraq to be the financial savior...The world expectations are Iraq is going to be a key component into the global financial system...When they say it's imminent that's a broadcast to the world...
3-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is on television talking about Iraq's financial situation. He said...we have enough reserves to back a stable exchange rate... FRANK: That's the reinstatement of your currency. That's going to be the float eventually too. FIREFLY: ...He says we are capably of many other things besides oil, our country is powerful, growing and the world knows it. FRANK: Have you noticed the only topic in Iraq is about the exchange rate of a new currency that is coming to you?
3-8-2024 Newshound/Intel Guru Mnt Goat ...I have to come on an clarify the false rumors...about the IQD backside trading that is taking place. Read my lips- THERE IS NO BACKSIDE, BACKDOOR OR ??? trading being conducted on the IQD. If you want to buy it you can go to the Iraqi Stock Exchange (ISX) and the rate is the official rate minus the trading of demand curve for the day... So ... Thursday the ISX dinar sales closed at 1309 (not $3.09) dinars per one US dollar compared to the CBI official rate of 1320. END of all the rumors...Done! ...There is no back office, government or other side trading before it goes LIVE to the public.
3-8-2024 Intel Guru MarkZ [via PDK] There is...a lot of chatter again about the lower denominations at many Iraqi banking locations. They are using cut sheets with samples of the LD’s etc…. I am trying to find someone over there to send a picture of these cut sheets to us…. (sample sheets with Lower denoms on it) I would love to see an official sheet from the CBI.
3-8-2024 Newshound Guru Pimpy People are pissed at me because I'm telling them of the possibility they should at least be aware of...What I'm talking to people about are the possibilities in the directions the IQD can go. I'm not saying it's one way or the other. I'm just saying these are the possibilities...These are just possibilities, we don't know. We can wake up tomorrow and the exchange rate is now $3.22...they have not...redenominated [A.K.A. LOPPED IT]. Then everybody is happy...
3-8-2024 Newshound Guru Militia Man Article: "We will soon announce Iraq accession to the World Trade Organization" They haven't quite said it yet but they're saying it. Isn't that telling?
3-8-2024 Newshound Guru Sandy Ingram On Monday of this week the president of Iraq Adbul Latif Jamal Rashid, met with the special representative of the Secretary General of the United Nations in Iraq, Jeanine Hennis-Plasschaert. In that meeting the President of Iraq...stated Iraq is keen to work with international organizations to confront challenges in the field of environment, climate, health, and education in a way that ensures a decent living for Iraqis. It is our hope as investors that a 'decent living' means an increase in the value of the currency.
3-8-2024 Newshound Guru Clare Article: "Iraq completes requirements to join WTO” ALL REQUIREMENTS HAVE BEEN MET FOR THE WTO
ACCESSION... IT CAN HAPPEN ANY TIME, DON'T LET THEM FOOL YOU.
3-8-2024 Newshound Guru Pimpy If you want to see an increase in the value of the Iraq dinar then there are things that need to happen in Iraq in order for the dinar to increase in value. One of them is they have to have a stable and robust economy. Then there are things Iraq need to do that continues to support, stabilize and strengthen the Iraqi dinar. One of those big steps is joining the World Trade Organization...
3-8-2024 Intel Guru Frank26 A lot of you are asking me, 'Do you think they'll do this new exchange rate during Ramadan?' I would prefer before or after Ramadan, not during. Ramadan is a holy time. You don't go around celebrating that you go purchasing power. No. You go around worshiping and honoring God.
3-8-2024 Intel Guru Bruce [via WiserNow] One of our Iraqi sources called - and I got this information...that Iraq was said that they were going to try to get this out to us. – meaning get the RV out over the weekend...we fully expect this to manifest over the weekend...I think that is very possible and...we do know that rates are going up on the screens...we know that these currencies are being traded on forex, we know that everything's pretty much running right along.
3-8-2024 Newshound Guru Paulette Question: "When is Iraq supposed to be in the WTO?" Not before they pass needed legislation, eliminate the MCP [Multiple Currency Practices] and are recognized as having accepted IMF Article 8 obligations. Accession Committee next meeting with Iraq is planned for the "middle of the year".
3-8-2024 Newshound Guru Militia Man Ministerial Council of Economics... Ministry of Planning, Industry, Trade, Central Bank of Iraq, Prime Minister, Deputy Prime Minister, advisers, all of those folks that are involved...have been knocking it out of the park themselves and showing why they are bringing Iraq to be the financial savior...The world expectations are Iraq is going to be a key component into the global financial system...When they say it's imminent that's a broadcast to the world...
3-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is on television talking about Iraq's financial situation. He said...we have enough reserves to back a stable exchange rate... FRANK: That's the reinstatement of your currency. That's going to be the float eventually too. FIREFLY: ...He says we are capably of many other things besides oil, our country is powerful, growing and the world knows it. FRANK: Have you noticed the only topic in Iraq is about the exchange rate of a new currency that is coming to you?
3-8-2024 Newshound/Intel Guru Mnt Goat ...I have to come on an clarify the false rumors...about the IQD backside trading that is taking place. Read my lips- THERE IS NO BACKSIDE, BACKDOOR OR ??? trading being conducted on the IQD. If you want to buy it you can go to the Iraqi Stock Exchange (ISX) and the rate is the official rate minus the trading of demand curve for the day... So ... Thursday the ISX dinar sales closed at 1309 (not $3.09) dinars per one US dollar compared to the CBI official rate of 1320. END of all the rumors...Done! ...There is no back office, government or other side trading before it goes LIVE to the public.
3-8-2024 Intel Guru MarkZ [via PDK] There is...a lot of chatter again about the lower denominations at many Iraqi banking locations. They are using cut sheets with samples of the LD’s etc…. I am trying to find someone over there to send a picture of these cut sheets to us…. (sample sheets with Lower denoms on it) I would love to see an official sheet from the CBI.
3-7-2024 Newshound Guru Pimpy Community comment "...The IQDs are oil credits. Our currency will go to the banks and then then the Untied States Treasury. The US will use the currency to trade with Iraq for oil or other commodities." ...No it's not an oil credit, it's just a currency. I've heard that rumor before. It's just a normal currency Iraq has.
3-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic experts on television saying Iraq has a lofty exchange rate to uncover... FRANK: Do you understand the word lofty? ...The word lofty means at its highest, at a pinnacle. They are telling you they have an exchange rate they are about to give you that will be lofty for your currency and for you...that is the opposite of a program rate...
3-7-2024 Newshound Guru Militia Man Financing a country to rebuild at 1310 is not going to happen. There's not enough money...90 trillion dinar divided by 1310 is somewhere around $68 billion. Building a country with all its components with that value is probably not going to happen...Can you imagine how much it's going to cost at 1310 to build 15 industrial cities? 3 to 4 million houses, infrastructure, roads, sewer systems, water systems, their military all those things on $68 billion? I shake my head.
3-7-2024 Intel Guru MarkZ [via PDK] Question: Vietnam has a really low rate and they are in the WTO. Does Iraq have to change the value to be in it? MarkZ: Yes. And Vietnam is under pressure as well to change the value of their currency. The US has considered putting them on the sanction list for manipulating their currency...Surprisingly Vietnam was one of the most powerful currencies in the world before the Vietnam war… Iraq has been very up front and they have made it very clear they want to be the most valuable currency in the world again…like they were in the past.
3-7-2024 Newshound Guru Kaperoni IMF report: "Iraq: Staff Concluding Statement of the 2024 IMF Article IV Mission" Quote: "The authorities should therefore seek to enable private sector development, including...modernization of the financial sector and restructuring of state-owned banks, pension and electricity sector reforms...and continued efforts to...reduce corruption." I have
been stating something similar for years. If the Iraqi dinar is ever going to go up in value, it's going to be as a direct result of Iraq diversifying and growing their economy. Iraq needs to quit stalling and pass legislation to encourage and invite investment into their own country.
3-7-2024 Newshound Guru Walkingstick [Bank Friend #1 Update - He owns 7 banks, 2 in Jordan] He had to put his banks on alert. The alert was, you will be receiving equipment...These machines are for the purpose of counting and sorting the lower notes because the older machines are only for the three zero notes.
3-7-2024 Newshound Guru Pimpy I don't want you guys to be discouraged. Iraq has come a long way. You guys know this. I know you guys want everything to happen overnight because you guys have been waiting for such a long time. You've been patient for this long, just be patient a little longer. We see their foreign reserves going up. We know there's reform taking place. We know they got construction going on. We know they're going to fix their infrastructure ...Yes, things are looking very bright for Iraq.
3-7-2024 Intel Guru Frank26 [Correction to Frank26's dinar live on forex post 3-5-2024 below - Information received from community member Tomas K] THOMAS K: When you put USD/IQD on the chart that was incorrect...The only way the US dollar paired with the Iraqi dinar is this way - USDIQD or IQDUSD , whichever way you want to view the numbers but with no forward slash. Forward slash is another indication for that chart to give you some other data. Don't put a slash between the two Forex symbols. FRANK: This man is correct. I must apologize.
3-7-2024 Newshound Guru Clare Article: "Saleh confirms Iraq's monetary sovereignty and reduces the effects of speculation in the parallel market" Quote: "Saleh noted that this confirms the monetary sovereignty of our country through the stability of the national currency and dealing in it alone without the participation of foreign currencies in internal economic operations."
3-7-2024 Newshound Guru Pimpy We know that a good-sized portion of the infrastructure has already been worked on and somehow some way they did it at an exchange rate of 1310...
3-7-2024 Intel Guru MarkZ [via PDK] It’s been crazy quiet overnight …I feel like it’s the calm before the storm.
3-7-2024 Newshound Guru Militia Man I got a lot of blowback from me using the word imminent. I didn't use those words, that wasn't me talking. It's not me telling you - They are telling us. Article: "Iraq announces its imminent accession to the World Trade Organization" I didn't say it other than reiterating what the quote is...They said that.
3-7-2024 Intel Guru Frank26 Article: "Dinar and dollar" Quote: "In a televised interview with the Iraqi President, Engineer Muhammad Shiaa Al-Sudani, he uttered a very important phrase (keep the dinar). Today, through my humble vision, I bear witness that the Iraqi dinar will return to its lofty economic value” Holy CaCa! I have to tell you, if a middle easterner ever says to you...I bear witness...it's like swearing on your mother's grave. It's a promising that can't be broken. It is a gift that is given...I believe this article is unbelievable...
3-7-2024 Intel Guru Wolverine We are just one millimeter away...It’s coming...
3-7-2024 Intel Guru MarkZ [via PDK] ...JP Morgan (Jaime Dimon) made a statement that “Iraq will be the savior of the world economy” ...That tells you the importance of what is going on in Iraq right now. There is a tremendous amount of effort and hope around this event.
3-7-2024 Intel Guru Bruce ...We know that the dinar and the other currencies have been coming in on the forex and trading upward...the bank screens reflect that. They reflect the fact that the currencies are trading up and still blinking - on the screen, which means they're not set. They're not stable, but they're continually moving upward in value. And they're blinking. So...What are we waiting on? I think they're just waiting for the currencies to hit the values that they want them to hit before we get started. And it would appear that they are moving in that direction...So I'm excited about where we are...And I really think that we're in really good shape right now...
3-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic experts on television saying Iraq has a lofty exchange rate to uncover... FRANK: Do you understand the word lofty? ...The word lofty means at its highest, at a pinnacle. They are telling you they have an exchange rate they are about to give you that will be lofty for your currency and for you...that is the opposite of a program rate...
3-7-2024 Newshound Guru Militia Man Financing a country to rebuild at 1310 is not going to happen. There's not enough money...90 trillion dinar divided by 1310 is somewhere around $68 billion. Building a country with all its components with that value is probably not going to happen...Can you imagine how much it's going to cost at 1310 to build 15 industrial cities? 3 to 4 million houses, infrastructure, roads, sewer systems, water systems, their military all those things on $68 billion? I shake my head.
3-7-2024 Intel Guru MarkZ [via PDK] Question: Vietnam has a really low rate and they are in the WTO. Does Iraq have to change the value to be in it? MarkZ: Yes. And Vietnam is under pressure as well to change the value of their currency. The US has considered putting them on the sanction list for manipulating their currency...Surprisingly Vietnam was one of the most powerful currencies in the world before the Vietnam war… Iraq has been very up front and they have made it very clear they want to be the most valuable currency in the world again…like they were in the past.
3-7-2024 Newshound Guru Kaperoni IMF report: "Iraq: Staff Concluding Statement of the 2024 IMF Article IV Mission" Quote: "The authorities should therefore seek to enable private sector development, including...modernization of the financial sector and restructuring of state-owned banks, pension and electricity sector reforms...and continued efforts to...reduce corruption." I have
been stating something similar for years. If the Iraqi dinar is ever going to go up in value, it's going to be as a direct result of Iraq diversifying and growing their economy. Iraq needs to quit stalling and pass legislation to encourage and invite investment into their own country.
3-7-2024 Newshound Guru Walkingstick [Bank Friend #1 Update - He owns 7 banks, 2 in Jordan] He had to put his banks on alert. The alert was, you will be receiving equipment...These machines are for the purpose of counting and sorting the lower notes because the older machines are only for the three zero notes.
3-7-2024 Newshound Guru Pimpy I don't want you guys to be discouraged. Iraq has come a long way. You guys know this. I know you guys want everything to happen overnight because you guys have been waiting for such a long time. You've been patient for this long, just be patient a little longer. We see their foreign reserves going up. We know there's reform taking place. We know they got construction going on. We know they're going to fix their infrastructure ...Yes, things are looking very bright for Iraq.
3-7-2024 Intel Guru Frank26 [Correction to Frank26's dinar live on forex post 3-5-2024 below - Information received from community member Tomas K] THOMAS K: When you put USD/IQD on the chart that was incorrect...The only way the US dollar paired with the Iraqi dinar is this way - USDIQD or IQDUSD , whichever way you want to view the numbers but with no forward slash. Forward slash is another indication for that chart to give you some other data. Don't put a slash between the two Forex symbols. FRANK: This man is correct. I must apologize.
3-7-2024 Newshound Guru Clare Article: "Saleh confirms Iraq's monetary sovereignty and reduces the effects of speculation in the parallel market" Quote: "Saleh noted that this confirms the monetary sovereignty of our country through the stability of the national currency and dealing in it alone without the participation of foreign currencies in internal economic operations."
3-7-2024 Newshound Guru Pimpy We know that a good-sized portion of the infrastructure has already been worked on and somehow some way they did it at an exchange rate of 1310...
3-7-2024 Intel Guru MarkZ [via PDK] It’s been crazy quiet overnight …I feel like it’s the calm before the storm.
3-7-2024 Newshound Guru Militia Man I got a lot of blowback from me using the word imminent. I didn't use those words, that wasn't me talking. It's not me telling you - They are telling us. Article: "Iraq announces its imminent accession to the World Trade Organization" I didn't say it other than reiterating what the quote is...They said that.
3-7-2024 Intel Guru Frank26 Article: "Dinar and dollar" Quote: "In a televised interview with the Iraqi President, Engineer Muhammad Shiaa Al-Sudani, he uttered a very important phrase (keep the dinar). Today, through my humble vision, I bear witness that the Iraqi dinar will return to its lofty economic value” Holy CaCa! I have to tell you, if a middle easterner ever says to you...I bear witness...it's like swearing on your mother's grave. It's a promising that can't be broken. It is a gift that is given...I believe this article is unbelievable...
3-7-2024 Intel Guru Wolverine We are just one millimeter away...It’s coming...
3-7-2024 Intel Guru MarkZ [via PDK] ...JP Morgan (Jaime Dimon) made a statement that “Iraq will be the savior of the world economy” ...That tells you the importance of what is going on in Iraq right now. There is a tremendous amount of effort and hope around this event.
3-7-2024 Intel Guru Bruce ...We know that the dinar and the other currencies have been coming in on the forex and trading upward...the bank screens reflect that. They reflect the fact that the currencies are trading up and still blinking - on the screen, which means they're not set. They're not stable, but they're continually moving upward in value. And they're blinking. So...What are we waiting on? I think they're just waiting for the currencies to hit the values that they want them to hit before we get started. And it would appear that they are moving in that direction...So I'm excited about where we are...And I really think that we're in really good shape right now...
3-6-2024 Newshound Guru Pimpy Being admitted into the World Trade Organization is going to be a huge step...This is why I'm saying most likely you're going to see the Iraqi dinar go up in value, in increments. Once that gets started I anticipate it going at a really fast pace.
3-6-2024 Intel Guru Frank26 You have the 25,000 dinar note. You don't take a pair of scissors and cut out the three zeros. A lot of you think that. No...The official exchange rate... .00085971 . You don't go around thinking to yourself they're going to take a pair of scissors and they're going to cut the physical dinar. No. No. No. What they're going to do is take the exchange rate...put the decimal point there so the exchange rate then would be about .86 cents [rounded off]... What does that mean? If you have 1 dinar you have $0.86 cents when they lift the 3 zeros from the exchange rate...It's a reinstatement...back the way it was.
3-6-2024 Newshound Guru Militia Man Article "The dinar and the dollar" Remember Al Sudani told everyone that the Iraq dinar will return to its lofty economic value because the dinar is stronger than the dollar. There are things that are coming back up. This is Muhammad Rasheed, he's talking about the national currency...the dinar. He's stating that the economic world is witnessing a qualitative boom in awareness. A lot of people around the world are figuring this out and very soon it will overthrow the dollar. So the dinar is going to be stronger. Al-Sudani told us that...This guy Muhammad Rasheed is holding his feet to the fire...
3-6-2024 Guest Guru Fiat Padawan [Reply to Frank26's dinar on Forex post 3-5-2024 below] ...The underlying charting technology is from TradingView...This software handles a wide variety of markets and products. You have to be careful about what you put in the search criteria...“USDIQD” is NOT the same as “USD/IQD”… the first refers to the forex market, the latter to index funds. In fact, as index funds “USD” is “ProShares Ultra Semiconductors” (pre-market trading at about $100), and “IQD” is “Wisdomtree International Quality Division Growth Index” (trading at $34.61), so you can see 100 / 34.61 = 2.89 ...It has nothing to do with the IQD currency...
3-6-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens. They were very very precise pictures of the lower notes. It turns out #1 has them...They started to practice and use them but they needed more help so they requested. You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now...The new software will be with them and the banks within this week.
3-6-2024 Newshound/Intel Guru Fnu Lnu [Reply to Guru Frank26's Dinar on Forex post 3-5-2024 below] There is no such thing. A) The rule of One Price and B) There is no back side or private side to FOREX...With that being said: There are platforms in Shanghai and Singapore that are totally unregulated. It is the wild west of commodity trading and they create investment packages where they bundle up packages containing many different speculative investments into a bundle and trade those. But that isn't happening now either though it was a thing with the IQD several years ago but not now...
3-6-2024 Newshound Guru Pimpy Within the past year we have seen more and more exciting news. It isn't just talk and hype...This time we actually see articles that are showing the progress that Iraq is making in order to start working and trading with the international markets. They're doing all they can to strengthen their currency while at the same time show stability... Things are going good. They're actually going a lot quicker than I anticipated.
3-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying we are now using the best and most improved international electronic payment system they said it's one of the best in the world with all the security features and all of this is from the CBI... FRANK: The electronic payment system is a huge key to the monetary reform for the float...Notice everything is coming from the CBI and not one word of negativity from anybody else.
3-6-2024 Intel Guru MarkZ [via PDK] I feel confident we are extremely close…Maybe today or tomorrow…I’ll take either...or whenever we get it. I am afraid to let myself get to excited.
3-6-2024 Newshound Guru Militia Man Article quote: "Accession [Into WTO] is imminent"...What are they waiting for? ...Iraq's going to have to make a decision on their real effective exchange rate. That's my view...You can't have Iraq having imminent accession to the international markets through the World Trade Organization without having a Real Effective Exchange Rate. Most of us believe 1310 is not a real effective exchange rate.
3-6-2024 Newshound Guru Pimpy There's a lot of hoopla going on about Iraq joining the World Trade Organization and rightfully so. This is one of the big steps that Iraq needs to take in order to rejoin the international community... Article "Official: The issue of Iraq's accession to the World Trade Organization is coming soon"
3-6-2024 Guest Guru Suzie [Reply to Guru Frank26's Dinar on Forex post 3-5-2024] Just MY opinion, no smarter than a dumb blonde can be, I think we're over-speculating on this Forex thing. I've done those calculations same as most and my OWN reality is none of it means anything until Iraq gets the dinar rate down to the 1-1 and then I think we'll see the rate rise quickly to what we're all looking for...
3-6-2024 Intel Guru Frank26 I told you a long time ago, the IMF said to the world, Iraq is in the process of adding value to their currency. You can look it up on the IMF website. How come they don't say that about any other currency in the world? Article: "The International Monetary Fund promises to support the digital transformation in Iraq" The digital transformation is what's going to allow the Iraqi dinar to float in the basket internationally.
3-6-2024 Newshound/Intel Guru Mnt Goat Article: "OFFICIAL: THE ISSUE OF IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION IS COMING SOON" Quotes: "the issue of Iraq’s accession to the World Trade Organization was imminent,"; "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon."
3-6-2024 Intel Guru MarkZ [via PDK] Last time I checked [Forex]…it [dinar] was about $2.80. You cannot exchange at that yet but it does show things are changing and something is cooking.
3-6-2024 Intel Guru Frank26 You have the 25,000 dinar note. You don't take a pair of scissors and cut out the three zeros. A lot of you think that. No...The official exchange rate... .00085971 . You don't go around thinking to yourself they're going to take a pair of scissors and they're going to cut the physical dinar. No. No. No. What they're going to do is take the exchange rate...put the decimal point there so the exchange rate then would be about .86 cents [rounded off]... What does that mean? If you have 1 dinar you have $0.86 cents when they lift the 3 zeros from the exchange rate...It's a reinstatement...back the way it was.
3-6-2024 Newshound Guru Militia Man Article "The dinar and the dollar" Remember Al Sudani told everyone that the Iraq dinar will return to its lofty economic value because the dinar is stronger than the dollar. There are things that are coming back up. This is Muhammad Rasheed, he's talking about the national currency...the dinar. He's stating that the economic world is witnessing a qualitative boom in awareness. A lot of people around the world are figuring this out and very soon it will overthrow the dollar. So the dinar is going to be stronger. Al-Sudani told us that...This guy Muhammad Rasheed is holding his feet to the fire...
3-6-2024 Guest Guru Fiat Padawan [Reply to Frank26's dinar on Forex post 3-5-2024 below] ...The underlying charting technology is from TradingView...This software handles a wide variety of markets and products. You have to be careful about what you put in the search criteria...“USDIQD” is NOT the same as “USD/IQD”… the first refers to the forex market, the latter to index funds. In fact, as index funds “USD” is “ProShares Ultra Semiconductors” (pre-market trading at about $100), and “IQD” is “Wisdomtree International Quality Division Growth Index” (trading at $34.61), so you can see 100 / 34.61 = 2.89 ...It has nothing to do with the IQD currency...
3-6-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens. They were very very precise pictures of the lower notes. It turns out #1 has them...They started to practice and use them but they needed more help so they requested. You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now...The new software will be with them and the banks within this week.
3-6-2024 Newshound/Intel Guru Fnu Lnu [Reply to Guru Frank26's Dinar on Forex post 3-5-2024 below] There is no such thing. A) The rule of One Price and B) There is no back side or private side to FOREX...With that being said: There are platforms in Shanghai and Singapore that are totally unregulated. It is the wild west of commodity trading and they create investment packages where they bundle up packages containing many different speculative investments into a bundle and trade those. But that isn't happening now either though it was a thing with the IQD several years ago but not now...
3-6-2024 Newshound Guru Pimpy Within the past year we have seen more and more exciting news. It isn't just talk and hype...This time we actually see articles that are showing the progress that Iraq is making in order to start working and trading with the international markets. They're doing all they can to strengthen their currency while at the same time show stability... Things are going good. They're actually going a lot quicker than I anticipated.
3-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying we are now using the best and most improved international electronic payment system they said it's one of the best in the world with all the security features and all of this is from the CBI... FRANK: The electronic payment system is a huge key to the monetary reform for the float...Notice everything is coming from the CBI and not one word of negativity from anybody else.
3-6-2024 Intel Guru MarkZ [via PDK] I feel confident we are extremely close…Maybe today or tomorrow…I’ll take either...or whenever we get it. I am afraid to let myself get to excited.
3-6-2024 Newshound Guru Militia Man Article quote: "Accession [Into WTO] is imminent"...What are they waiting for? ...Iraq's going to have to make a decision on their real effective exchange rate. That's my view...You can't have Iraq having imminent accession to the international markets through the World Trade Organization without having a Real Effective Exchange Rate. Most of us believe 1310 is not a real effective exchange rate.
3-6-2024 Newshound Guru Pimpy There's a lot of hoopla going on about Iraq joining the World Trade Organization and rightfully so. This is one of the big steps that Iraq needs to take in order to rejoin the international community... Article "Official: The issue of Iraq's accession to the World Trade Organization is coming soon"
3-6-2024 Guest Guru Suzie [Reply to Guru Frank26's Dinar on Forex post 3-5-2024] Just MY opinion, no smarter than a dumb blonde can be, I think we're over-speculating on this Forex thing. I've done those calculations same as most and my OWN reality is none of it means anything until Iraq gets the dinar rate down to the 1-1 and then I think we'll see the rate rise quickly to what we're all looking for...
3-6-2024 Intel Guru Frank26 I told you a long time ago, the IMF said to the world, Iraq is in the process of adding value to their currency. You can look it up on the IMF website. How come they don't say that about any other currency in the world? Article: "The International Monetary Fund promises to support the digital transformation in Iraq" The digital transformation is what's going to allow the Iraqi dinar to float in the basket internationally.
3-6-2024 Newshound/Intel Guru Mnt Goat Article: "OFFICIAL: THE ISSUE OF IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION IS COMING SOON" Quotes: "the issue of Iraq’s accession to the World Trade Organization was imminent,"; "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon."
3-6-2024 Intel Guru MarkZ [via PDK] Last time I checked [Forex]…it [dinar] was about $2.80. You cannot exchange at that yet but it does show things are changing and something is cooking.
3-5-2024 Newshound Guru Pimpy We all know this, the Iraqi dinar is not a scam itself. The Iraqi dinar is legitimate but there are people out there that use Iraqi dinar to pull off scams.
3-5-2024 Intel Guru Frank26 [Colorado Bank Story] I called my bank [Well Fargo] and had a conversation with someone over the phone and they treated me like I just came out of a cave - 'No. There's no way. No we don't handle [dinar].' All that negative talk that everybody's getting. Then today I asked to speak to the bank manager for other purposes but while I have you on the phone, lets [try again]. He [says] yes I'm very aware.
3-5-2024 Newshound Guru Clare Article 1: "Al-Muslimawy: There is a policy to reduce the dollar exchange rate and control it in Iraqi markets" Article 2: "A government advisor to Al-Ghad Press: Dollar prices in the markets will gradually decline"
3-5-2024 Newshound Guru Sandy Ingram In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country. All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon.
3-5-2024 Intel Guru MarkZ [via PDK] ...still getting plenty of chatter from groups that they are waiting for the shoe to drop…everybody is at the edge of their seats.
3-5-2024 Newshound/Intel Guru Walkingstick Question: "Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate.
3-5-2024 Newshound Guru Pimpy Question: "Why would [Iraq] let anyone benefit from this?" Why wouldn't they? It's the Iraqi people that really need to benefit from this...It's not their fault their leaders are all wack-a-doodles... There's enough resources in Iraq where they should be living pretty dang good over there. Increasing the exchange rate and giving them more purchasing power would definitely change their quality of life...Once Iraq can get their crap together and it looks like they're there - No more sanctions, get into the World Trade Organization, get back on the Swift system...Forex, finish the Port of Faw, finish with the Development Road Project, all those things are going to bring a lot of money into Iraq and their currency is only going to get stronger.
3-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying investment in Iraq is over the last three years up 60%. FRANK: The world is pouring in and they can... FIREFLY: It's a great sign of stability and security and they're saying with these projects on board investments are only going to go up from there to an all-time high... FRANK: All these reports are good. I believe soon you will be celebrating a new exchange rate for your lower notes.
3-5-2024 Intel Guru MarkZ [via PDK] There is constant chatter. Their expectations and preparations are overwhelming. We are all just watching and waiting for the “Go” buzzer to sound.
3-5-2024 Newshound Guru Clare Article: "Dinar and dollar" Quote: ”Iraqi dinar will return to its lofty economic value”
3-5-2024 Newshound Guru Deepwoodz [Response to Guru Frank's post below] The listing USD/IQD = 2.81 would mean $1 = 2.81 dinar. Not the other way around. Even if this is true, definitely an improvement worthy of praise. If you want to see the value of the dinar, simply list it the other direction. i.e….IQD/USD. Which equals .355. 1 dinar =0.35$ [DINAR GURU NOTE: To see the dinar at different possible rates use the Dinar Guru calculator. You'll find the link in the navigation bar at the top of this page...it's free to use for Dinar Guru community!]
3-5-2024 Newshound Guru Pimpy I'm sure you've heard the great news by now, the IQD is on the "private side" of the Forex...This sounds like some great news don't you think? ...I'm grateful to do all the research for you so you don't have to...There is no "private side" of Forex. None. The Forex is open to all participants who have access to the necessary trading platforms and infrastructure...There is no "private side" of the Forex...
3-5-2024 Intel Guru Frank26 IQD on Forex is on the private side. [Found by Forex Girl] 1. www.Forexlive.com 2. Click Live Charts. This is free but there is a private side. We can at least get a little example. 3. Click EURUSD in the top left of the chart. 4. Delete EURUSD in the top left box and type in USD/IQD. Wow! Oh, my goodness...The Iraqi dinar is going through a phase where it's being traded internationally on a private side of Forex. It is live. In December it was trading about $2.40 to $2.50. In January it was trading at about $2.60. Last month it was about $2.63 or so. Sunday it was $2.70...IMO this is a trend that is going towards the reinstate phase of the Monetary reform to reach the $3.22 that it was.
3-5-2024 Intel Guru MarkZ [via PDK] We are seeing rates bounce all over the place based on the trading screens…the only way you will see those is if you know somebody who is a licensed, accredited forex trader.
3-5-2024 Intel Guru Frank26 [Colorado Bank Story] I called my bank [Well Fargo] and had a conversation with someone over the phone and they treated me like I just came out of a cave - 'No. There's no way. No we don't handle [dinar].' All that negative talk that everybody's getting. Then today I asked to speak to the bank manager for other purposes but while I have you on the phone, lets [try again]. He [says] yes I'm very aware.
3-5-2024 Newshound Guru Clare Article 1: "Al-Muslimawy: There is a policy to reduce the dollar exchange rate and control it in Iraqi markets" Article 2: "A government advisor to Al-Ghad Press: Dollar prices in the markets will gradually decline"
3-5-2024 Newshound Guru Sandy Ingram In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country. All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon.
3-5-2024 Intel Guru MarkZ [via PDK] ...still getting plenty of chatter from groups that they are waiting for the shoe to drop…everybody is at the edge of their seats.
3-5-2024 Newshound/Intel Guru Walkingstick Question: "Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate.
3-5-2024 Newshound Guru Pimpy Question: "Why would [Iraq] let anyone benefit from this?" Why wouldn't they? It's the Iraqi people that really need to benefit from this...It's not their fault their leaders are all wack-a-doodles... There's enough resources in Iraq where they should be living pretty dang good over there. Increasing the exchange rate and giving them more purchasing power would definitely change their quality of life...Once Iraq can get their crap together and it looks like they're there - No more sanctions, get into the World Trade Organization, get back on the Swift system...Forex, finish the Port of Faw, finish with the Development Road Project, all those things are going to bring a lot of money into Iraq and their currency is only going to get stronger.
3-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying investment in Iraq is over the last three years up 60%. FRANK: The world is pouring in and they can... FIREFLY: It's a great sign of stability and security and they're saying with these projects on board investments are only going to go up from there to an all-time high... FRANK: All these reports are good. I believe soon you will be celebrating a new exchange rate for your lower notes.
3-5-2024 Intel Guru MarkZ [via PDK] There is constant chatter. Their expectations and preparations are overwhelming. We are all just watching and waiting for the “Go” buzzer to sound.
3-5-2024 Newshound Guru Clare Article: "Dinar and dollar" Quote: ”Iraqi dinar will return to its lofty economic value”
3-5-2024 Newshound Guru Deepwoodz [Response to Guru Frank's post below] The listing USD/IQD = 2.81 would mean $1 = 2.81 dinar. Not the other way around. Even if this is true, definitely an improvement worthy of praise. If you want to see the value of the dinar, simply list it the other direction. i.e….IQD/USD. Which equals .355. 1 dinar =0.35$ [DINAR GURU NOTE: To see the dinar at different possible rates use the Dinar Guru calculator. You'll find the link in the navigation bar at the top of this page...it's free to use for Dinar Guru community!]
3-5-2024 Newshound Guru Pimpy I'm sure you've heard the great news by now, the IQD is on the "private side" of the Forex...This sounds like some great news don't you think? ...I'm grateful to do all the research for you so you don't have to...There is no "private side" of Forex. None. The Forex is open to all participants who have access to the necessary trading platforms and infrastructure...There is no "private side" of the Forex...
3-5-2024 Intel Guru Frank26 IQD on Forex is on the private side. [Found by Forex Girl] 1. www.Forexlive.com 2. Click Live Charts. This is free but there is a private side. We can at least get a little example. 3. Click EURUSD in the top left of the chart. 4. Delete EURUSD in the top left box and type in USD/IQD. Wow! Oh, my goodness...The Iraqi dinar is going through a phase where it's being traded internationally on a private side of Forex. It is live. In December it was trading about $2.40 to $2.50. In January it was trading at about $2.60. Last month it was about $2.63 or so. Sunday it was $2.70...IMO this is a trend that is going towards the reinstate phase of the Monetary reform to reach the $3.22 that it was.
3-5-2024 Intel Guru MarkZ [via PDK] We are seeing rates bounce all over the place based on the trading screens…the only way you will see those is if you know somebody who is a licensed, accredited forex trader.
3-4-2024 Intel Guru Frank26 Question: "IYO does it matter who is in the White House? Will it help or hurt the RI?" No, not at all. No, the person in the White House has nothing to do [with it]. The people in the IMF, the board of directors of the CBI, they have a lot to do with it.
3-4-2024 Newshound Guru Militia Man They're going to have a very strong country...Iraq's foreign reserves are huge, historic in history, all-time high and they increased their gold supply another 10 tons. You can see the direction they're going and why they're getting praises...
3-4-2024 Intel Guru MarkZ [via PDK] I am still getting amazing chatter from groups…Things are very positive…But, stay calm this week - it’s going to be a roller coaster...I would not be surprised to see it before we reach the weekend as of right now.
3-4-2024 Newshound Guru Pimpy Article: "The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants" The crazy thing is this is a new article but all they're doing is talking about the same countries we spoke about several times. You have the Euro, Chinese yuan, Turkish lira, Emirate Durham and Indian rupee and the currencies they're talking about...
3-4-2024 Guru Nader From The Mid East Nothing will change in Ramadan month...because in Ramadan...like any religious holiday we don't deal with money...It's against our religion to talk about financial things and money [during Ramadan]...
3-4-2024 Newshound Guru Sandy Ingram The Prime Minister of Iraq is pushing the Iraqi CBI governor hard on the electronic payment system.
3-4-2024 Newshound Guru Jeff Iraq has already revealed to you they'll be revaluing their currency specifically within the month of March. It's not even a secret.
3-4-2024 Newshound Guru Pimpy When we're talking about the deletion of the zeros, it comes off the bank note only. It isn't going to change the exchange rate. The exchange rate is going to be equal in value...You got people out there saying that deleting the zeros does not mean the currency, it only means the exchange rate. That's not accurate... The 25,000 dinar has the same value as a 25 dinar...25,000 dinar times .00076 gives you $19. So when we delete the zeros...25 x .76 is the same exchange rate [$19]...Delete the zeros...is not increasing the exchange rate against other currencies.
3-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Parliament Finance is calling in the CBI to open bank branches outside of Iraq. FRANK: Too late, That's been going on a while! All last year we already told about the private banks of the CBI - They're going to retrieve the 3-zeros outside of Iraq because 97% or more is already been retrieved inside...The satellite banks are all over the world right now are ready to collect the 3-zero notes...All of these actions are to introduce the new exchange rate and the new national sovereignty to you, Iraqi citizens.
3-4-2024 Intel Guru MarkZ [via PDK] I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.
3-4-2024 Newshound Guru Militia Man The Central Bank of Iraq just told Iraq that you guys can use dinar to buy multi-currencies. To do what? Clearing and settlement in the system with accurate and facial data. Those two things right here are solidifying that there's something happening...
3-4-2024 Newshound Guru Pimpy Article: "Central Bank announces the increase in the volume of foreign reserves from 140 to 148 trillion dinars" That's perfect because...the more reserves you have the easier it is to protect your exchange rate.
3-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...in his opinion a new rate that will float. We're going to have gateway from Iraq to European side in trading. It will be amazing...The deletion of the zeros is near...Four different experts of the economy being sent to us by the CBI saying what is needed to be done with the zeros. It's no secret. FRANK: He's 100% correct. I keep telling you it's here.
3-4-2023 Newshound/Intel Guru Mnt Goat remember...the difference between RATE and VALUE...the value is in the dinar already but not reflected yet in the rate. There is no need to increase the value if the TRUE value is being suppressed by the 3 zero rate...Economic expert, Durgham Muhammad, said to the citizens and I quote – “that deleting the currency’s zeros does not conflict with its value”...Okay, so...we all know the rate is being artificially suppressed ...Once the 3 zeros are dropped, (not lopped) the only thing that will change by the Project to Delete the Zeros, is the realization of the TRUE value through its currency. [post 2 of 2]
3-4-2023 Newshound/Intel Guru Mnt Goat Article quote: "Does deleting the currency’s zeros affect its value?...” I called my CBI contact...and I was told to expect the Project to delete the Zeros to occur very soon. WOW! WOW! WOW! Then...out pops this article, then another and...yet another all dealing with the Project to Delete the Zeros- coincidental? WOW! WOW! WOW! I don’t think so...It is now on the radar scope for the CBI for the very near future? [Post 1 of 2....stay tuned]
3-4-2024 Newshound Guru Militia Man They're going to have a very strong country...Iraq's foreign reserves are huge, historic in history, all-time high and they increased their gold supply another 10 tons. You can see the direction they're going and why they're getting praises...
3-4-2024 Intel Guru MarkZ [via PDK] I am still getting amazing chatter from groups…Things are very positive…But, stay calm this week - it’s going to be a roller coaster...I would not be surprised to see it before we reach the weekend as of right now.
3-4-2024 Newshound Guru Pimpy Article: "The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants" The crazy thing is this is a new article but all they're doing is talking about the same countries we spoke about several times. You have the Euro, Chinese yuan, Turkish lira, Emirate Durham and Indian rupee and the currencies they're talking about...
3-4-2024 Guru Nader From The Mid East Nothing will change in Ramadan month...because in Ramadan...like any religious holiday we don't deal with money...It's against our religion to talk about financial things and money [during Ramadan]...
3-4-2024 Newshound Guru Sandy Ingram The Prime Minister of Iraq is pushing the Iraqi CBI governor hard on the electronic payment system.
3-4-2024 Newshound Guru Jeff Iraq has already revealed to you they'll be revaluing their currency specifically within the month of March. It's not even a secret.
3-4-2024 Newshound Guru Pimpy When we're talking about the deletion of the zeros, it comes off the bank note only. It isn't going to change the exchange rate. The exchange rate is going to be equal in value...You got people out there saying that deleting the zeros does not mean the currency, it only means the exchange rate. That's not accurate... The 25,000 dinar has the same value as a 25 dinar...25,000 dinar times .00076 gives you $19. So when we delete the zeros...25 x .76 is the same exchange rate [$19]...Delete the zeros...is not increasing the exchange rate against other currencies.
3-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Parliament Finance is calling in the CBI to open bank branches outside of Iraq. FRANK: Too late, That's been going on a while! All last year we already told about the private banks of the CBI - They're going to retrieve the 3-zeros outside of Iraq because 97% or more is already been retrieved inside...The satellite banks are all over the world right now are ready to collect the 3-zero notes...All of these actions are to introduce the new exchange rate and the new national sovereignty to you, Iraqi citizens.
3-4-2024 Intel Guru MarkZ [via PDK] I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.
3-4-2024 Newshound Guru Militia Man The Central Bank of Iraq just told Iraq that you guys can use dinar to buy multi-currencies. To do what? Clearing and settlement in the system with accurate and facial data. Those two things right here are solidifying that there's something happening...
3-4-2024 Newshound Guru Pimpy Article: "Central Bank announces the increase in the volume of foreign reserves from 140 to 148 trillion dinars" That's perfect because...the more reserves you have the easier it is to protect your exchange rate.
3-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...in his opinion a new rate that will float. We're going to have gateway from Iraq to European side in trading. It will be amazing...The deletion of the zeros is near...Four different experts of the economy being sent to us by the CBI saying what is needed to be done with the zeros. It's no secret. FRANK: He's 100% correct. I keep telling you it's here.
3-4-2023 Newshound/Intel Guru Mnt Goat remember...the difference between RATE and VALUE...the value is in the dinar already but not reflected yet in the rate. There is no need to increase the value if the TRUE value is being suppressed by the 3 zero rate...Economic expert, Durgham Muhammad, said to the citizens and I quote – “that deleting the currency’s zeros does not conflict with its value”...Okay, so...we all know the rate is being artificially suppressed ...Once the 3 zeros are dropped, (not lopped) the only thing that will change by the Project to Delete the Zeros, is the realization of the TRUE value through its currency. [post 2 of 2]
3-4-2023 Newshound/Intel Guru Mnt Goat Article quote: "Does deleting the currency’s zeros affect its value?...” I called my CBI contact...and I was told to expect the Project to delete the Zeros to occur very soon. WOW! WOW! WOW! Then...out pops this article, then another and...yet another all dealing with the Project to Delete the Zeros- coincidental? WOW! WOW! WOW! I don’t think so...It is now on the radar scope for the CBI for the very near future? [Post 1 of 2....stay tuned]
3-3-2024 Intel Guru Frank26 Willie Wonka...you get that golden ticket. I think we got a golden ticket here. I'm not too sure because it looks like something is going on.
3-3-2024 Newshound Guru Pimpy On the Central Bank of Iraq website it tells you how many dinar they put into circulation. But what is not reflected is what has been removed out of circulation, whether the government took it out of circulation or whether they were damaged, fire, destroyed, lost forever, who knows. That's not reflected in there. It's not really 101 trillion Iraqi dinars in circulation. That's what they put out in circulation but not what's actually in circulation.
3-3-2024 Newshound Guru Militia Man Merchants will now be able to use the dinar to pay for foreign currency to buy international products...I would imagine there will be changes to Iraq's currency that will be reflective of the real value of the IQD...They haven't been using Iraq dinar at 1310 to purchase other foreign currencies. They've never done that before at 1310. Now they're saying they can do that...1310 exchange rate has never been an international exchange rate...That's coming from the Central Bank of Iraq so obviously something is happening because they've never done it before. I think it's really good.
3-3-2024 Guest Guru PompeyPeter Yeah, Iraq could come out at 1310 internationally on Forex. A man could land on the sun or pigs could fly. In other words the odds are slightly better than those two scenarios but in the opinion of most people it will not happen. Here's why: Sudani stated clearly that the dinar was worth more than the dollar and the value of the dinar would be higher than the value of the dollar. That ain't 1310 to $1. Secondly, Sudani said Iraqi's dinar would be the solution to the world's financial and economic problems. Not at 1310 it's not. Three, if they come out at 1310 it's impossible for the tripartite budget to work.
3-3-2024 Newshound Guru Sandy Ingram 10 weakest currencies in the world: The value of a currency depends on supply and demand while some are pegged, meaning the currency is valued at an agreed rate. The foreign exchange rate is an indicator of a country's economic wealth. #10 The Iraqi dinar - inflation and political instability are the given reasons. #9 Ugandan shilling (USH)... #8 Paraguayan Guarani (PYG)...land locked in South America #7 Guinean Franc (GNF)... #6 Uzbekistani Som (UZS) 1 USD = 12,501 UZS #5 Indonesian Rupiah (IDR) #4 Laotian Kip (LAK)...only land locked country in Southeast Asia. #3 Sierra Leonean Leone (SLL). #2 Vietnam Dong (VND) #1 Iranian Rial (IRR)
3-3-2024 Intel Guru Frank26 Article: "Iraq.. Expectations of a decline in the dollar difference and a return to the official rate" Something is going on... Quote: "The economic expert, Safwan Qusay, expected today, Saturday, a decline in the dollar difference in Iraq and a return to the official rate after a series of financial and economic measures taken by the government of Muhammad Shiaa Al-Sudani." That's a beautiful article. There's immense power behind that article.
3-3-2024 Newshound Guru Pimpy Article: "The central bank announces the increase in the size of its reserves to more than $100 billion..." That's adding a lot of money to the amount they already had... This is awesome for Iraq because having those foreign currency receivers does a great job in stabilizing your currency, supporting it and making it stronger...
3-3-2024 Newshound Guru Samson Article: "The central bank announces the increase in the size of its reserves to more than $100 billion."
3-3-2024 Newshound Guru Militia Man There's a quietness from the WTO when it comes to Iraq...Why did they do that? We can speculate on that. The truth be told is Iraq...would have more impact on the economic situation in the global financial system...It's a big thing, a very big thing that the WTO lifted up two of the smallest lower developed countries in the world but they didn't talk about one that was going to fix the financial system in the world. They didn't talk about Iraq...Why? The shocks that the World Bank talked about. You can't go and shock the whole world...and not have everybody ready because that's going to cause chaos...
3-3-2024 Intel Guru RayRen98 EVEN THOUGH I DON'T SEE IT YET...THEY ARE TELLING US "IT'S DONE"...THIS HERE "RIDE" IS FINALLY COMING TO AN END...HOPEFULLY TODAY.
3-3-2024 Intel Guru Frank26 IMO the Forex is live. It is trading the Iraqi dinar live. I don't believe I've ever seen it trading live against the dollar. It's being traded in real time. That's impressive. It started today or maybe yesterday ...That's why I say something is going on...It's trading at $2.70 live. I'm not making this up. You can go look this up yourself. Let's see if these numbers stay the same on Sunday...when they start trading live...Isn't this suspicious? Isn't this a precursor? Isn't this a sign? Isn't this a logical step for a currency that is about to go through a movement of some type?
3-3-2024 Intel Guru MarkZ [via PDK] Question: what is your guy saying about rates? Others are saying $1.30 in country... MarkZ: TO me $1.30 doesn’t make a whole lot of sense. Would it work for them - yes. They have been very blunt with their people and even Sadr said they were going to restore the dinar to its former glory. And $1.30 is about a third of what it used to be...I would be ok with $1.30…but I expect higher.
3-3-2024 Newshound Guru Pimpy On the Central Bank of Iraq website it tells you how many dinar they put into circulation. But what is not reflected is what has been removed out of circulation, whether the government took it out of circulation or whether they were damaged, fire, destroyed, lost forever, who knows. That's not reflected in there. It's not really 101 trillion Iraqi dinars in circulation. That's what they put out in circulation but not what's actually in circulation.
3-3-2024 Newshound Guru Militia Man Merchants will now be able to use the dinar to pay for foreign currency to buy international products...I would imagine there will be changes to Iraq's currency that will be reflective of the real value of the IQD...They haven't been using Iraq dinar at 1310 to purchase other foreign currencies. They've never done that before at 1310. Now they're saying they can do that...1310 exchange rate has never been an international exchange rate...That's coming from the Central Bank of Iraq so obviously something is happening because they've never done it before. I think it's really good.
3-3-2024 Guest Guru PompeyPeter Yeah, Iraq could come out at 1310 internationally on Forex. A man could land on the sun or pigs could fly. In other words the odds are slightly better than those two scenarios but in the opinion of most people it will not happen. Here's why: Sudani stated clearly that the dinar was worth more than the dollar and the value of the dinar would be higher than the value of the dollar. That ain't 1310 to $1. Secondly, Sudani said Iraqi's dinar would be the solution to the world's financial and economic problems. Not at 1310 it's not. Three, if they come out at 1310 it's impossible for the tripartite budget to work.
3-3-2024 Newshound Guru Sandy Ingram 10 weakest currencies in the world: The value of a currency depends on supply and demand while some are pegged, meaning the currency is valued at an agreed rate. The foreign exchange rate is an indicator of a country's economic wealth. #10 The Iraqi dinar - inflation and political instability are the given reasons. #9 Ugandan shilling (USH)... #8 Paraguayan Guarani (PYG)...land locked in South America #7 Guinean Franc (GNF)... #6 Uzbekistani Som (UZS) 1 USD = 12,501 UZS #5 Indonesian Rupiah (IDR) #4 Laotian Kip (LAK)...only land locked country in Southeast Asia. #3 Sierra Leonean Leone (SLL). #2 Vietnam Dong (VND) #1 Iranian Rial (IRR)
3-3-2024 Intel Guru Frank26 Article: "Iraq.. Expectations of a decline in the dollar difference and a return to the official rate" Something is going on... Quote: "The economic expert, Safwan Qusay, expected today, Saturday, a decline in the dollar difference in Iraq and a return to the official rate after a series of financial and economic measures taken by the government of Muhammad Shiaa Al-Sudani." That's a beautiful article. There's immense power behind that article.
3-3-2024 Newshound Guru Pimpy Article: "The central bank announces the increase in the size of its reserves to more than $100 billion..." That's adding a lot of money to the amount they already had... This is awesome for Iraq because having those foreign currency receivers does a great job in stabilizing your currency, supporting it and making it stronger...
3-3-2024 Newshound Guru Samson Article: "The central bank announces the increase in the size of its reserves to more than $100 billion."
3-3-2024 Newshound Guru Militia Man There's a quietness from the WTO when it comes to Iraq...Why did they do that? We can speculate on that. The truth be told is Iraq...would have more impact on the economic situation in the global financial system...It's a big thing, a very big thing that the WTO lifted up two of the smallest lower developed countries in the world but they didn't talk about one that was going to fix the financial system in the world. They didn't talk about Iraq...Why? The shocks that the World Bank talked about. You can't go and shock the whole world...and not have everybody ready because that's going to cause chaos...
3-3-2024 Intel Guru RayRen98 EVEN THOUGH I DON'T SEE IT YET...THEY ARE TELLING US "IT'S DONE"...THIS HERE "RIDE" IS FINALLY COMING TO AN END...HOPEFULLY TODAY.
3-3-2024 Intel Guru Frank26 IMO the Forex is live. It is trading the Iraqi dinar live. I don't believe I've ever seen it trading live against the dollar. It's being traded in real time. That's impressive. It started today or maybe yesterday ...That's why I say something is going on...It's trading at $2.70 live. I'm not making this up. You can go look this up yourself. Let's see if these numbers stay the same on Sunday...when they start trading live...Isn't this suspicious? Isn't this a precursor? Isn't this a sign? Isn't this a logical step for a currency that is about to go through a movement of some type?
3-3-2024 Intel Guru MarkZ [via PDK] Question: what is your guy saying about rates? Others are saying $1.30 in country... MarkZ: TO me $1.30 doesn’t make a whole lot of sense. Would it work for them - yes. They have been very blunt with their people and even Sadr said they were going to restore the dinar to its former glory. And $1.30 is about a third of what it used to be...I would be ok with $1.30…but I expect higher.
3-2-2024 Intel Guru Frank26 Question 'Will 25000 [dinar note] still be worth the same if it's 1 to 1?' Yes. A 25000 Iraqi note at a rate of 1 to 1 is equal to $25,000.
3-2-2024 Newshound Guru Pimpy Yeah, I know, we're all doing the pee-pee dance. But don't get overly excited because Iraq has a way of letting people down sometimes. Let's stay grounded. There are other issues out there that we still got to tackle. But for the most part a big chunk of what we were hoping would happen is starting to happen now...Everything is looking really good. The next thing we got to wait for is the member states to vote Iraq back into the World Trade Organization and see what it's going to take to get them on Forex...
3-2-2024 Newshound Guru Clare Article: "Iraq is looking forward to joining the World Trade Organization" Quote "riday, the Ministry of Commerce confirmed the government’s aspiration to join the World Trade Organization, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq’s accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files"
3-2-2024 Newshound Guru Militia Man They're holding this 2023, 24, 25 budget close to the chest. Why? Because they need to wait for that special moment in time...
3-2-2024 Newshound Guru Samson Article: "Iraq is looking forward to joining the World Trade Organization"
3-2-2024 Intel Guru Frank26 Question: "Will they make a formal announcement in Iraq just prior to letting the RI go?" No. There won't be any announcement. It's actually going to be snuck up on them. One day the Iraqi citizens will wake up and they'll get a text or ping or whatever and they'll be notified to get your butts into the banks and they will be given what will be given to them...
3-2-2024 Intel Guru MarkZ [via PDK] ...a number of group contacts are expecting liquidity the first of the week…Monday or Tuesday. The chatter is strong amidst a number of group contacts. We all hope this is actually it this time.
3-2-2024 Newshound Guru Kaperoni If Iraq is ever going to raise the value of the dinar they need to do it gradually over time so they can reduce the money supply. As well, a gradual increase reflects the economic growth of the economy.
3-2-2024 Guru Nader From The Mid East A lot of good news come out yesterday and I'm very happy...You know what? I'm excited. I'm very excited what's happening.
3-2-2024 Newshound Guru Pimpy Article: "Sudani: Investment environment in Iraq is promising and open" Remember they have to be able to draw in foreign investors. As long as the country appears to be stable, the economy looks to be stable, the exchange rate looks to be stable, the currency looks to be stable, it's all promising...this is all great news. This is one hell of a day for Iraq...
3-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO. FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan.
3-2-2024 Newshound Guru Clare Article: "Iraq is looking forward to joining the World Trade Organization" Quote: "Iraq has today become a major economic player on the world level and needs to harmonize Iraqi laws with international laws."
3-2-2024 Intel Guru MarkZ [via PDK] Question: Could Iraq RV during Ramadan? MarkZ: There is a historic precedence to go during Ramadan. For Muslims most things slow down at this time…and they do not like doing business at that time…but, it doesn’t mean they won’t...but it sure would be more convenient to go right before it. [Dinar Guru Note: Ramadan is expected to begin on Monday, March 11, and continue through Wednesday,
April 10.]
3-2-2024 Newshound Guru Pimpy Yeah, I know, we're all doing the pee-pee dance. But don't get overly excited because Iraq has a way of letting people down sometimes. Let's stay grounded. There are other issues out there that we still got to tackle. But for the most part a big chunk of what we were hoping would happen is starting to happen now...Everything is looking really good. The next thing we got to wait for is the member states to vote Iraq back into the World Trade Organization and see what it's going to take to get them on Forex...
3-2-2024 Newshound Guru Clare Article: "Iraq is looking forward to joining the World Trade Organization" Quote "riday, the Ministry of Commerce confirmed the government’s aspiration to join the World Trade Organization, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq’s accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files"
3-2-2024 Newshound Guru Militia Man They're holding this 2023, 24, 25 budget close to the chest. Why? Because they need to wait for that special moment in time...
3-2-2024 Newshound Guru Samson Article: "Iraq is looking forward to joining the World Trade Organization"
3-2-2024 Intel Guru Frank26 Question: "Will they make a formal announcement in Iraq just prior to letting the RI go?" No. There won't be any announcement. It's actually going to be snuck up on them. One day the Iraqi citizens will wake up and they'll get a text or ping or whatever and they'll be notified to get your butts into the banks and they will be given what will be given to them...
3-2-2024 Intel Guru MarkZ [via PDK] ...a number of group contacts are expecting liquidity the first of the week…Monday or Tuesday. The chatter is strong amidst a number of group contacts. We all hope this is actually it this time.
3-2-2024 Newshound Guru Kaperoni If Iraq is ever going to raise the value of the dinar they need to do it gradually over time so they can reduce the money supply. As well, a gradual increase reflects the economic growth of the economy.
3-2-2024 Guru Nader From The Mid East A lot of good news come out yesterday and I'm very happy...You know what? I'm excited. I'm very excited what's happening.
3-2-2024 Newshound Guru Pimpy Article: "Sudani: Investment environment in Iraq is promising and open" Remember they have to be able to draw in foreign investors. As long as the country appears to be stable, the economy looks to be stable, the exchange rate looks to be stable, the currency looks to be stable, it's all promising...this is all great news. This is one hell of a day for Iraq...
3-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO. FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan.
3-2-2024 Newshound Guru Clare Article: "Iraq is looking forward to joining the World Trade Organization" Quote: "Iraq has today become a major economic player on the world level and needs to harmonize Iraqi laws with international laws."
3-2-2024 Intel Guru MarkZ [via PDK] Question: Could Iraq RV during Ramadan? MarkZ: There is a historic precedence to go during Ramadan. For Muslims most things slow down at this time…and they do not like doing business at that time…but, it doesn’t mean they won’t...but it sure would be more convenient to go right before it. [Dinar Guru Note: Ramadan is expected to begin on Monday, March 11, and continue through Wednesday,
April 10.]
3-1-2024 Intel Guru Frank26 Article: "Multiple advantages and an important turning point... How did electronic payment methods affect the Iraqi economy?" Quote: "Al-Shabani...explained the possibility of absorbing approximately 92% of the cash mass saved in homes after the complete shift towards electronic currency dealing..." They recovered 92% of the 3-zero notes...
3-1-2024 Newshound Guru Pimpy Today easily has got to be one of the best days of news for Iraq I've seen in a long time. They have been busting their asses to get their country in line to get back out and do business on the international market...One great article after another...
3-1-2024 Intel Guru MarkZ [via PDK] I have one source close to the WTO that thinks it will be mid March for the actual ascension…It is clear it is now inevitable they are heading this direction.
3-1-2024 Intel Guru Bruce [via WiserNow] There was a meeting with six people, three of whom, we know, one was admiral... one was with a treasury representative of the United States and one other was, Judy Shelton...What was transmitted was that the there would be a contract rate. I think the contract rate really only applies to the dinar and it's quite healthy, really very strong. And then the other currencies, they use the term of special rates, which means I think they're going to be a little bit flexible on some of the other currencies, not all but some - But also, it's going to be great for us. So that’s exciting...The other major thing...was that we should receive our notifications between tomorrow [Friday] and Monday and exchanges between...sometime between tomorrow [Friday] and Monday... I think we're lined up and ready to start.
3-1-2024 Guest Guru Harlequinc3 Question: "I don't have any receipts of currency i bought 14 years ago...is that a problem to exchange it when the event happens?" Only in the event of an audit for taxation. The bank won't care in the slightest when and where you got your dinar -- as long as it's valid currency. All the receipt proves is WHEN you bought your dinar -- which only matters to entities like the IRS, because the tax bracket for capital gains changes depending on how LONG you've had the asset. [DINAR GURU NOTE: Some gurus feel the exchange will be capital gains, others personal income, other not taxed at all. The only opinion that matters is the IRS's - At the appropriate time consult your tax advisor to determine the right tax for your unique circumstances.]
3-1-2024 Newshound Guru Clare Article quote: "Parliamentary agreement with the European Union mission: European financial and banking institutions are preparing to invest in Iraq"
3-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing half a billion dinar recovered from a corrupt banking judiciary officer. FRANK: It just don't stop! Good gosh almighty everybody steals out there.
3-1-2024 Newshound Guru Sandy Ingram US Department of State Website Article: "Secretary Antony J. Blinken and Kurdistan Regional Government Prime Minister Masrour Barzani Before Their Meeting" The Iraqi Kurdistan prime minister has not been in Iraq at all for several days, but in Washington DC, meeting with Secretary Blinken. They are discussing what went down in the first quarter of this year in Iraq.
3-1-2024 Newshound Guru Militia Man Iraq has the attention of the world when it comes to ascension [into the WTO]. We have more than...the WTO, We have the World Bank...the ITC...Saudi Arabia....Armenia, the International Foundation for Corporations...What do they need with that? They need freedom of capital movement. That's article VIII compliance...What a time to be an investor in the Iraqi dinar...
3-1-2024 Intel Guru MarkZ [via PDK] Question: So will the Mar. 1st rumors be true today? MarkZ: It will be interesting to see what happens throughout the day today.
3-1-2024 Newshound Guru Pimpy Here's the biggie everybody is celebrating. We're not there yet but very close. Article: "Iraq has completed requirements to join WTO: Minister" We have to wait till they get voted in. Yes they completed all the steps. Let's hope they keep their nose out of trouble and finally get accepted...Iraq is right there at the cusp, man, it really is. This is big news.
3-1-2024 Intel Guru Frank26 Parliament has no choice but to get on board of the bandwagon of the monetary reform. Now they constantly take false credit for the success of the monetary reform...Why are we in a position where [they're saying] 'Yeah, they're going to be giving you a new currency and they're going to float it.' Why? Because the auctions are no more for the pleasure of Iran to steal the future from the Iraqi citizens. Parliament has no choice because it's about to happen...Iraq is in a position to move forward.
3-1-2024 Intel Guru RayRen98 [via Vinterv] 3 LTR'S [3 LETTER AGENCIES] ARE ON A 24-HOUR WATCH...
3-1-2024 Newshound/Intel Guru Mnt Goat some...recent...very interesting and informative news articles we can use to help connect the dots about what is going on with the Project to Delete the Zeros...all fantastic news but just news for now. The actual execution part is coming VERY SOON but not yet! ...I am still staying VERY excited but remember Iraq does not work on our schedule...Just relax it is coming and we must just follow the news and see what happens next...
3-1-2024 Newshound Guru Pimpy Today easily has got to be one of the best days of news for Iraq I've seen in a long time. They have been busting their asses to get their country in line to get back out and do business on the international market...One great article after another...
3-1-2024 Intel Guru MarkZ [via PDK] I have one source close to the WTO that thinks it will be mid March for the actual ascension…It is clear it is now inevitable they are heading this direction.
3-1-2024 Intel Guru Bruce [via WiserNow] There was a meeting with six people, three of whom, we know, one was admiral... one was with a treasury representative of the United States and one other was, Judy Shelton...What was transmitted was that the there would be a contract rate. I think the contract rate really only applies to the dinar and it's quite healthy, really very strong. And then the other currencies, they use the term of special rates, which means I think they're going to be a little bit flexible on some of the other currencies, not all but some - But also, it's going to be great for us. So that’s exciting...The other major thing...was that we should receive our notifications between tomorrow [Friday] and Monday and exchanges between...sometime between tomorrow [Friday] and Monday... I think we're lined up and ready to start.
3-1-2024 Guest Guru Harlequinc3 Question: "I don't have any receipts of currency i bought 14 years ago...is that a problem to exchange it when the event happens?" Only in the event of an audit for taxation. The bank won't care in the slightest when and where you got your dinar -- as long as it's valid currency. All the receipt proves is WHEN you bought your dinar -- which only matters to entities like the IRS, because the tax bracket for capital gains changes depending on how LONG you've had the asset. [DINAR GURU NOTE: Some gurus feel the exchange will be capital gains, others personal income, other not taxed at all. The only opinion that matters is the IRS's - At the appropriate time consult your tax advisor to determine the right tax for your unique circumstances.]
3-1-2024 Newshound Guru Clare Article quote: "Parliamentary agreement with the European Union mission: European financial and banking institutions are preparing to invest in Iraq"
3-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing half a billion dinar recovered from a corrupt banking judiciary officer. FRANK: It just don't stop! Good gosh almighty everybody steals out there.
3-1-2024 Newshound Guru Sandy Ingram US Department of State Website Article: "Secretary Antony J. Blinken and Kurdistan Regional Government Prime Minister Masrour Barzani Before Their Meeting" The Iraqi Kurdistan prime minister has not been in Iraq at all for several days, but in Washington DC, meeting with Secretary Blinken. They are discussing what went down in the first quarter of this year in Iraq.
3-1-2024 Newshound Guru Militia Man Iraq has the attention of the world when it comes to ascension [into the WTO]. We have more than...the WTO, We have the World Bank...the ITC...Saudi Arabia....Armenia, the International Foundation for Corporations...What do they need with that? They need freedom of capital movement. That's article VIII compliance...What a time to be an investor in the Iraqi dinar...
3-1-2024 Intel Guru MarkZ [via PDK] Question: So will the Mar. 1st rumors be true today? MarkZ: It will be interesting to see what happens throughout the day today.
3-1-2024 Newshound Guru Pimpy Here's the biggie everybody is celebrating. We're not there yet but very close. Article: "Iraq has completed requirements to join WTO: Minister" We have to wait till they get voted in. Yes they completed all the steps. Let's hope they keep their nose out of trouble and finally get accepted...Iraq is right there at the cusp, man, it really is. This is big news.
3-1-2024 Intel Guru Frank26 Parliament has no choice but to get on board of the bandwagon of the monetary reform. Now they constantly take false credit for the success of the monetary reform...Why are we in a position where [they're saying] 'Yeah, they're going to be giving you a new currency and they're going to float it.' Why? Because the auctions are no more for the pleasure of Iran to steal the future from the Iraqi citizens. Parliament has no choice because it's about to happen...Iraq is in a position to move forward.
3-1-2024 Intel Guru RayRen98 [via Vinterv] 3 LTR'S [3 LETTER AGENCIES] ARE ON A 24-HOUR WATCH...
3-1-2024 Newshound/Intel Guru Mnt Goat some...recent...very interesting and informative news articles we can use to help connect the dots about what is going on with the Project to Delete the Zeros...all fantastic news but just news for now. The actual execution part is coming VERY SOON but not yet! ...I am still staying VERY excited but remember Iraq does not work on our schedule...Just relax it is coming and we must just follow the news and see what happens next...
2-29-2024 Newshound Guru Militia Man Iraq is going to have a lot of inflows. They're going to need to make things stable...To be able to defend their currency they're going to need to keep pricing stable...All these guys, the World Trade Organization all know that.
2-29-2024 Newshound Guru Pimpy That's why you don't have to worry about whether Iraq has enough US dollars. It's going to be whether your bank has enough dollars and since everything's going to be digital there's not going to be a problem with that. That's how it's going to happen all around the world. You're going to be able to go into your bank, exchange your IQD and that's who you're exchanging it with. Iraq does not have to have all those US dollars to cover the IQD because banks are going to hold them on their books as foreign reserve assets. [Post 2 of 2]
2-29-2024 Newshound Guru Pimpy We personally do not exchange our currency with Iraq. What happens is if the sanctions are lifted, they revalue the currency, we take our currency down to our banks, we exchange the Iraqi dinar for US dollars...If that bank...buys and sell foreign currencies they would keep it on their books as an asset. If they turn it over to the Federal Reserve then the Federal Reserve would be dealing with Iraq as far as swapping the US dollar for the Iraqi dinar but most banks are going to keep it on their books. [Post 1 of 2....stay tuned]
2-29-2024 Newshound Guru Jeff Article: "Iraq completes requirements to join WTO" Quote: "The Iraqi minister of Trade...affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate."
2-29-2024 Newshound Guru Clare Article: "Iraq completes requirements to join WTO” Quote: "The Iraqi Minister of Trade, Atheer Al-Ghurairi, affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate."
2-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: I sent you to your bank friend. Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you. They are also going to be sending in people who are experts in the process of exchanging currency. In your case, three zero notes for lower notes...It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes. It is approaching you with great confidence. Be strong. You're almost there.
2-29-2024 Intel Guru MarkZ [via PDK] Question: Mark what do you think of the rumor it could happen tomorrow? MarkZ: I’m going to leave it as rumor for now. But it could happen in 3 minutes…or 2 days…we just don’t know the timing. But rumors are non-stop running hard.
2-29-2024 Newshound Guru Samson Article: "UPDATE: Ministerial Conference Thirteenth Session Abu Dhabi, 26-29 February 2024 " Quote: "The National Committee on Iraq's Accession to WTO has made distinguished efforts to align domestic legislation and laws with WTO Agreements and have the technical requirements of accession fulfilled."
2-29-2024 Newshound Guru Militia Man How are you going to finance one of the biggest world projects at 1310 when your valuation of your country is far greater than any other country in the region per kilometer? ...What value are they going to use to value the operational side of of the budget for 2023 and investment side for 2023? ...If they haven't gone to a private sector at 1310 obviously there's an circumstance that suggests they're not going to into a private sector at 1310...
2-29-2024 Intel Guru Frank26 This monetary reform, the next step which is vitally important in order for us to see what we're looking for, which is called the managed float, their currency matched at least to 1 to 1 with the dollar will be in an international basket...All the articles have been talking about it. It's going to be a managed float. They'll eventually say stop it right there, we can't go any higher than the other middle eastern currencies. This managed float is in its first stage. The float is about to happen.
2-29-2024 Guest Guru Judy Byington ...RV rates have been agreed upon with a goal for the RV to happen by Fri. 1 March. It was now my personal opinion that Tier4b (Us, the Internet Group) would receive notification for our redemption and exchange appointments around Thurs. 29 Feb. or Fri. 1 March...
2-29-2024 Intel Guru MarkZ [Reference Mnt Goat post 2-27-24] That totally fits with what we heard over the weekend. They are having very open conversations on television, articles…you name it. Plus a committee to help stores and markets reprice goods.
2-29-2024 Intel Guru Bruce [via WiserNow] ...we could get our notifications Thursday, which is the 29th of February...start exchange on first of March, which is Friday... Everything is moving in the right direction...So let's see what happens guys.
2-29-2024 Newshound Guru Pimpy That's why you don't have to worry about whether Iraq has enough US dollars. It's going to be whether your bank has enough dollars and since everything's going to be digital there's not going to be a problem with that. That's how it's going to happen all around the world. You're going to be able to go into your bank, exchange your IQD and that's who you're exchanging it with. Iraq does not have to have all those US dollars to cover the IQD because banks are going to hold them on their books as foreign reserve assets. [Post 2 of 2]
2-29-2024 Newshound Guru Pimpy We personally do not exchange our currency with Iraq. What happens is if the sanctions are lifted, they revalue the currency, we take our currency down to our banks, we exchange the Iraqi dinar for US dollars...If that bank...buys and sell foreign currencies they would keep it on their books as an asset. If they turn it over to the Federal Reserve then the Federal Reserve would be dealing with Iraq as far as swapping the US dollar for the Iraqi dinar but most banks are going to keep it on their books. [Post 1 of 2....stay tuned]
2-29-2024 Newshound Guru Jeff Article: "Iraq completes requirements to join WTO" Quote: "The Iraqi minister of Trade...affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate."
2-29-2024 Newshound Guru Clare Article: "Iraq completes requirements to join WTO” Quote: "The Iraqi Minister of Trade, Atheer Al-Ghurairi, affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate."
2-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: I sent you to your bank friend. Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you. They are also going to be sending in people who are experts in the process of exchanging currency. In your case, three zero notes for lower notes...It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes. It is approaching you with great confidence. Be strong. You're almost there.
2-29-2024 Intel Guru MarkZ [via PDK] Question: Mark what do you think of the rumor it could happen tomorrow? MarkZ: I’m going to leave it as rumor for now. But it could happen in 3 minutes…or 2 days…we just don’t know the timing. But rumors are non-stop running hard.
2-29-2024 Newshound Guru Samson Article: "UPDATE: Ministerial Conference Thirteenth Session Abu Dhabi, 26-29 February 2024 " Quote: "The National Committee on Iraq's Accession to WTO has made distinguished efforts to align domestic legislation and laws with WTO Agreements and have the technical requirements of accession fulfilled."
2-29-2024 Newshound Guru Militia Man How are you going to finance one of the biggest world projects at 1310 when your valuation of your country is far greater than any other country in the region per kilometer? ...What value are they going to use to value the operational side of of the budget for 2023 and investment side for 2023? ...If they haven't gone to a private sector at 1310 obviously there's an circumstance that suggests they're not going to into a private sector at 1310...
2-29-2024 Intel Guru Frank26 This monetary reform, the next step which is vitally important in order for us to see what we're looking for, which is called the managed float, their currency matched at least to 1 to 1 with the dollar will be in an international basket...All the articles have been talking about it. It's going to be a managed float. They'll eventually say stop it right there, we can't go any higher than the other middle eastern currencies. This managed float is in its first stage. The float is about to happen.
2-29-2024 Guest Guru Judy Byington ...RV rates have been agreed upon with a goal for the RV to happen by Fri. 1 March. It was now my personal opinion that Tier4b (Us, the Internet Group) would receive notification for our redemption and exchange appointments around Thurs. 29 Feb. or Fri. 1 March...
2-29-2024 Intel Guru MarkZ [Reference Mnt Goat post 2-27-24] That totally fits with what we heard over the weekend. They are having very open conversations on television, articles…you name it. Plus a committee to help stores and markets reprice goods.
2-29-2024 Intel Guru Bruce [via WiserNow] ...we could get our notifications Thursday, which is the 29th of February...start exchange on first of March, which is Friday... Everything is moving in the right direction...So let's see what happens guys.
2-28-2024 Intel Guru Frank26 If you have Saddam Swiss dinar notes, they're worthless...but if you have Iraqi dinar that you purchased from a bank or a licensed broker you should be okay.
2-28-2024 Guest Guru Harlequinc3 To an Iraqi, an exchange rate of pounds sterling to dinar is meaningless. 1 dinar is just 1 dinar. But what does that 1 dinar buy? That's what matters to an Iraqi...IMO, the latest article is explaining, the named value of both notes don't change (it doesn't affect the 'nominal value.') It answers the question about a lop of the old dinar, explaining you will exchange 25,000 old dinar for 25,000 new dinar (electronically) at a 1:1 value -- the named value remains the same. Of course, for people outside Iraq they will be exchanging 25,000 dinar for their home country's national currency of 25,000 dinar at an approved exchange rate. [Post 2 of 2]
2-28-2024 Guest Guru Harlequinc3 Over the years, there's been many articles about the old currency retaining its 'nominal value' -- the denomination remains the same, a 25,000 dinar note remains 25,000 one dinars. And the new 25 denomination remains 25 one dinars. 1 dinar = 1 dinar. Denomination value just means 'name' not exchange rate. The confusion arises from people thinking 'value' means exchange rate, when it's just talking about the nominal value -- the 'named' value of the dinar, which in this example is a '25,000 dinar' note -- that's its name, not its exchange rate. [Post 1 of 2]
2-28-2024 Newshound Guru Pimpy Question: "How is the development road project going to be funded at 1310?" The development road project is not the world's largest project. It's not even in the top 20. But it is a very expensive project...Pay close attention... Article quote "This year's budget is Iraq's largest at 198.9 trillion Iraqi dinars, about $153 billion based on the exchange rate. The 2024 and 2025 budgets will be the same unless the cabinet requests any changes and parliament approves them." This budget has already calculated...What did it say in the article? 'With the current exchange rate. And what is the current exchange rate? 1310 dinars per dollar.
2-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani did a speech putting economic and banking reforms as a major priority. FRANK: I'm all for it! ...All of their efforts of their energy is directed to the success of the monetary reform first that will then bring success to the economic reform...This sequence cannot be reversed...Your day is coming.
2-28-2024 Newshound/Intel Guru Walkingstick When you see the prices in the market of Iraq start to drop, get excited. They would be parallel to the exchange rate.
2-28-2024 Newshound Guru Clare Article: "Prime Minister: The government has placed the issue of economic and banking reform among its most important priorities"
2-28-2024 Intel Guru MarkZ [via PDK] Comment: I am of the belief if they reinstate to pre-war rate…it will be at $3.22 MarkZ: I am of that belief as well. I think that is their minimum...I do not expect a wild or crazy float. It is not good for their money if it swings wildly. But to me it’s looking like it may be one BAM then done for a rate change.
2-28-2024 Newshound Guru Militia Man Everything we've been seeing in the news...is quite intense in respect to a lot of the things we've been talking about... Article: "Iraq's Minister of Trade: We seek to join the World Trade Organization and expand our economic relations with the world" That's pretty bold. Quote: "...Iraq is now able to enter the global trade market through the organization on a large scale." There you have it...That is a massive quote.
2-28-2024 Intel Guru Frank26 [Key Bank story] BANK STORY LADY: I've been banking with them for about a year...A few months ago I was talking to my contact and I was telling her about the exchange and asked if she had heard anything. She hadn't and they probably weren't going to deal with it at all. She even asked her higher-ups and they didn't say a thing. She said she had a list of people to call and if she heard anything she would be in touch. Over the last few months I've kind of given up on it...I had a talk with her the other day and she said, 'I'm so glad you called. We just underwent training for the exchange.' FRANK: The dinar? BANK STORY LADY: Yeah. It must be coming.
2-28-2024 Intel Guru Goldilocks Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward. At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.
2-28-2024 Guest Guru Vinterv Article: "Iraq has completed requirements to join WTO" Quote: " ...Minister of Commerce of Iraq, has confirmed that Iraq has completed the requirements to join the World Trade Organisation (WTO) after completing economic reforms and improving the business environment."
2-28-2024 Guest Guru Harlequinc3 To an Iraqi, an exchange rate of pounds sterling to dinar is meaningless. 1 dinar is just 1 dinar. But what does that 1 dinar buy? That's what matters to an Iraqi...IMO, the latest article is explaining, the named value of both notes don't change (it doesn't affect the 'nominal value.') It answers the question about a lop of the old dinar, explaining you will exchange 25,000 old dinar for 25,000 new dinar (electronically) at a 1:1 value -- the named value remains the same. Of course, for people outside Iraq they will be exchanging 25,000 dinar for their home country's national currency of 25,000 dinar at an approved exchange rate. [Post 2 of 2]
2-28-2024 Guest Guru Harlequinc3 Over the years, there's been many articles about the old currency retaining its 'nominal value' -- the denomination remains the same, a 25,000 dinar note remains 25,000 one dinars. And the new 25 denomination remains 25 one dinars. 1 dinar = 1 dinar. Denomination value just means 'name' not exchange rate. The confusion arises from people thinking 'value' means exchange rate, when it's just talking about the nominal value -- the 'named' value of the dinar, which in this example is a '25,000 dinar' note -- that's its name, not its exchange rate. [Post 1 of 2]
2-28-2024 Newshound Guru Pimpy Question: "How is the development road project going to be funded at 1310?" The development road project is not the world's largest project. It's not even in the top 20. But it is a very expensive project...Pay close attention... Article quote "This year's budget is Iraq's largest at 198.9 trillion Iraqi dinars, about $153 billion based on the exchange rate. The 2024 and 2025 budgets will be the same unless the cabinet requests any changes and parliament approves them." This budget has already calculated...What did it say in the article? 'With the current exchange rate. And what is the current exchange rate? 1310 dinars per dollar.
2-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani did a speech putting economic and banking reforms as a major priority. FRANK: I'm all for it! ...All of their efforts of their energy is directed to the success of the monetary reform first that will then bring success to the economic reform...This sequence cannot be reversed...Your day is coming.
2-28-2024 Newshound/Intel Guru Walkingstick When you see the prices in the market of Iraq start to drop, get excited. They would be parallel to the exchange rate.
2-28-2024 Newshound Guru Clare Article: "Prime Minister: The government has placed the issue of economic and banking reform among its most important priorities"
2-28-2024 Intel Guru MarkZ [via PDK] Comment: I am of the belief if they reinstate to pre-war rate…it will be at $3.22 MarkZ: I am of that belief as well. I think that is their minimum...I do not expect a wild or crazy float. It is not good for their money if it swings wildly. But to me it’s looking like it may be one BAM then done for a rate change.
2-28-2024 Newshound Guru Militia Man Everything we've been seeing in the news...is quite intense in respect to a lot of the things we've been talking about... Article: "Iraq's Minister of Trade: We seek to join the World Trade Organization and expand our economic relations with the world" That's pretty bold. Quote: "...Iraq is now able to enter the global trade market through the organization on a large scale." There you have it...That is a massive quote.
2-28-2024 Intel Guru Frank26 [Key Bank story] BANK STORY LADY: I've been banking with them for about a year...A few months ago I was talking to my contact and I was telling her about the exchange and asked if she had heard anything. She hadn't and they probably weren't going to deal with it at all. She even asked her higher-ups and they didn't say a thing. She said she had a list of people to call and if she heard anything she would be in touch. Over the last few months I've kind of given up on it...I had a talk with her the other day and she said, 'I'm so glad you called. We just underwent training for the exchange.' FRANK: The dinar? BANK STORY LADY: Yeah. It must be coming.
2-28-2024 Intel Guru Goldilocks Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward. At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.
2-28-2024 Guest Guru Vinterv Article: "Iraq has completed requirements to join WTO" Quote: " ...Minister of Commerce of Iraq, has confirmed that Iraq has completed the requirements to join the World Trade Organisation (WTO) after completing economic reforms and improving the business environment."
2-27-2024 Intel Guru Frank26 Back in 2005 Dr Shabibi said 'We aspire to bring the IQD back to the glory days of the 80's and 90's' Article: "The dinar and its three zeros - is it time to symak the dinar and return to the dinar 1980?" Dr. Shabibi, it's done.
2-27-2024 Newshound Guru Militia Man Article quote: "...Because accession represents and urgent priority the government seeks to meet its requirements.." Urgent priority...Whether they do it this week or not is going to be determined but I tell you what, it sure is looking like they have come a long way. This is a big set of [WTO] meetings.
2-27-2024 Intel Guru MarkZ [via PDK] Bankers still believe we are in that “any moment “ window with sooner rather than later.
2-27-2024 Newshound/Intel Guru Walkingstick The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back...
2-27-2024 Newshound Guru Clare Article: "The Minister of Commerce discusses in Abu Dhabi with the World Trade Organization the completion of procedures for Iraq to join the organization” Quote: “The organization is looking forward to and following the steps for Iraq’s accession carefully, given that Iraq is one of the important and powerful economies that is still outside the organization, and that Iraq’s presence within the organization’s membership will be a great added value to the organization and to the global economy.”
2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: You citizens need this because they took the dollar away and all other foreign currency away from you...And they took almost 97% to 98% of your three zero notes off the street already. They created this giant void in your monetary structure so they could fill it in and present to you the lower notes with the new exchange rate that would match it...Your bank friend knows something is happening...IMO that is quite an improvement in the landscape of your economic and monetary reform. [Post 2 of 2]
2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Talked to bank friend. He said ever since July 2023 Alaq has said the deletion project is still in effect. He said there's a lot going on with this process and the joining of the WTO this week could see some type of announcement. My bank friend thinks the dinar will be stronger than it was in the 1980's. The article made it very clear that it will be. We are still stuck at 1310...we'll take $1.30. FRANK: I know it's been since last year this project to delete the zeros has been going on but the beauty of it is that it's been going on! It's real. It does exist. It's not fictitious. Your currency is very very close to having value added to your Iraqi dinar. [Post 1 of 2....stay tuned]
2-27-2024 Intel Guru MarkZ [via PDK] The World Trade Organization and the IMF and World Bank are there working with Iraq for the last week or two. The WTO and Iraq are still talking about Iraq’s ascension to the WTO. Iraq has met all the markers and goals…so we are waiting on that news.
2-27-2024 Newshound Guru Sandy Ingram Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe. This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry.
2-27-2024 Newshound Guru Samson Article 1: "The Minister of Commerce discusses with the Director of the International Trade Center the formula for joint action and support for Iraq to obtain membership in the WTO" Article 2: "For the first time in 20 years...Iraq participates in the Ministerial Conference of the World Trade Organization"
2-27-2024 Newshound Guru Militia Man Article quote: "Deleting the zeros...does not conflict with its value but needs educational campaigns to proceed it and a traditional period for trading the currency with zeros and the new currency to know the two currencies are equal in value." If they are going to be equal in value...a dinar is a dinar is a dinar. A dollar is a dollar. When it comes to an international stage a dinar is not a dollar, nor is a dollar a British pound or a Japanese yen. There's a difference in value. Are they one of each? Of course they are...But are they valued the same? Absolutely not...
2-27-2023 Newshound/Intel Guru Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON!
2-27-2024 Intel Guru Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
2-27-2024 Intel Guru RayRen98 ...HEARD FROM ONE OF THE 3-LTR FOLKS, THEY'RE BEING TOLD IT'S COMING "FAST" AND TO BE READY.
2-27-2024 Intel Guru Goldilocks Article quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” Iraq is currently participating in the World Trade Organization. Their potential membership is moving forward. As a full member of the WTO, they will need a rate to fully participate in this inclusion. This is truly a monumental achievement for Iraq and something the world has been waiting for for a long time. ...There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place...
2-27-2024 Newshound Guru Militia Man Article quote: "...Because accession represents and urgent priority the government seeks to meet its requirements.." Urgent priority...Whether they do it this week or not is going to be determined but I tell you what, it sure is looking like they have come a long way. This is a big set of [WTO] meetings.
2-27-2024 Intel Guru MarkZ [via PDK] Bankers still believe we are in that “any moment “ window with sooner rather than later.
2-27-2024 Newshound/Intel Guru Walkingstick The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back...
2-27-2024 Newshound Guru Clare Article: "The Minister of Commerce discusses in Abu Dhabi with the World Trade Organization the completion of procedures for Iraq to join the organization” Quote: “The organization is looking forward to and following the steps for Iraq’s accession carefully, given that Iraq is one of the important and powerful economies that is still outside the organization, and that Iraq’s presence within the organization’s membership will be a great added value to the organization and to the global economy.”
2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: You citizens need this because they took the dollar away and all other foreign currency away from you...And they took almost 97% to 98% of your three zero notes off the street already. They created this giant void in your monetary structure so they could fill it in and present to you the lower notes with the new exchange rate that would match it...Your bank friend knows something is happening...IMO that is quite an improvement in the landscape of your economic and monetary reform. [Post 2 of 2]
2-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Talked to bank friend. He said ever since July 2023 Alaq has said the deletion project is still in effect. He said there's a lot going on with this process and the joining of the WTO this week could see some type of announcement. My bank friend thinks the dinar will be stronger than it was in the 1980's. The article made it very clear that it will be. We are still stuck at 1310...we'll take $1.30. FRANK: I know it's been since last year this project to delete the zeros has been going on but the beauty of it is that it's been going on! It's real. It does exist. It's not fictitious. Your currency is very very close to having value added to your Iraqi dinar. [Post 1 of 2....stay tuned]
2-27-2024 Intel Guru MarkZ [via PDK] The World Trade Organization and the IMF and World Bank are there working with Iraq for the last week or two. The WTO and Iraq are still talking about Iraq’s ascension to the WTO. Iraq has met all the markers and goals…so we are waiting on that news.
2-27-2024 Newshound Guru Sandy Ingram Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe. This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry.
2-27-2024 Newshound Guru Samson Article 1: "The Minister of Commerce discusses with the Director of the International Trade Center the formula for joint action and support for Iraq to obtain membership in the WTO" Article 2: "For the first time in 20 years...Iraq participates in the Ministerial Conference of the World Trade Organization"
2-27-2024 Newshound Guru Militia Man Article quote: "Deleting the zeros...does not conflict with its value but needs educational campaigns to proceed it and a traditional period for trading the currency with zeros and the new currency to know the two currencies are equal in value." If they are going to be equal in value...a dinar is a dinar is a dinar. A dollar is a dollar. When it comes to an international stage a dinar is not a dollar, nor is a dollar a British pound or a Japanese yen. There's a difference in value. Are they one of each? Of course they are...But are they valued the same? Absolutely not...
2-27-2023 Newshound/Intel Guru Mnt Goat ...Iraq is finally breaking the news all about the Project to Delete the Zeros. This is fantastic news but just news for now. The actual execution part is coming and I was told by my weekly call to my CBI contact in Iraq on Saturday, that it will be VERY SOON!
2-27-2024 Intel Guru Frank26 Article: "Does deleting the currency’s zeros affect its value? An economist explains" THE CBI IS SENDING TRUSTED ECONOMISTS TO EXPLAIN THE MONETARY REFORM EDUCATION OF DELETING THE ZEROS FROM THE EXCHANGE RATE! IMO they're about to give the citizens a new exchange rate with new lower notes to match...They already told them that process will then take that exchange rate, which will be at least 1 to 1 but I think is going to be higher, to float in the basket internationally.
2-27-2024 Intel Guru RayRen98 ...HEARD FROM ONE OF THE 3-LTR FOLKS, THEY'RE BEING TOLD IT'S COMING "FAST" AND TO BE READY.
2-27-2024 Intel Guru Goldilocks Article quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” Iraq is currently participating in the World Trade Organization. Their potential membership is moving forward. As a full member of the WTO, they will need a rate to fully participate in this inclusion. This is truly a monumental achievement for Iraq and something the world has been waiting for for a long time. ...There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place...
2-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI came on our TV Channel One financial channel and the government is saying saying there are no liquidity issues... FRANK: He is trying to explain he has full control over the American dollar inside of your country...
2-26-2024 Newshound Guru Militia Man Article: "The Central Banks show that the amount of printed currency decreased by 1trillion between November and December 2023" They've been reducing their money supply for 20 years... They're telling you specifically they have been, in the trillions... Less supply means more value...They've been doing what we said they were doing. They've reduced the note count. We're going to see what the accurate numbers are and we're probably gong to see that in valuation of the Iraqi dinar.
2-26-2024 Newshound Guru Clare Article: "The Prime Minister of the Kurdistan Regional Government arrives in Washington on an official visit”
2-26-2024 Intel Guru MarkZ [via PDK] “For the first time in 20 years, Iraq participates in the Ministerial conference of the World Trade Organization” Including the completion of the requirements of Iraq’s ascension to the organization!! And joining the multi lateral trading system. This is a big one…
2-26-2024 Newshound Guru Pimpy The deletion of the zeros is not off the exchange rate...I've showed you in writing.
2-26-2024 Guru Nader From The Mid East Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..." Very good news, IQD decreasing. Wow.
2-26-2024 Newshound Guru Paulette IMSO...now that the Federal Court ruled, the Oil and Gas Law is no longer needed.The court wrote the entire Oil and Gas Law in one decision. All government employee salaries are paid through Baghdad and all oil and non oil revenues of Kurdistan go to the Federal government. Nothing more to say or agree to. "Binding and Compelling".
2-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: The GOI and the CBI came out and told you Iraqi citizens they are forming a committee to reprice your products in the markets...We told you once you see them start to do this repricing of items inside of Iraq's markets to get excited. IMO this is the precursor to your new exchange rate...things are very exciting right now. Your bank friend will be talking to you very soon.
2-26-2024 Newshound Guru Militia Man Question: "Does deleting the currency zeros affect its value?" Of course it will. Quote: "Currency zeros do not conflict with its value." Of course it's not going to conflict. You delete the zeros, is that a conflict? No. It brings purchasing power. If you deleted the zeros and there was no gain that would be a conflict. How are you going to tell people for all these years we're going to get purchasing power and then you do a LOP and there's no value difference?
2-26-2024 Intel Guru MarkZ [via PDK] Now over the weekend - this is where it gets fun…There was a lot of conversation and many stories about needing to have a committee for “repricing”... Why do they need to reprice? Maybe they are getting ready to change the value of the dinar? This is HUGE. And they were very up front over the weekend on “Removing the zeros” and this process provides more purchasing power…they call this the “mechanism to delete the zeros” This process requires increasing purchasing power when deleting the zeros…this was a huge weekend...As they increase their value they need to update their bills including the lower denominations
2-26-2024 Newshound/Intel Guru Walkingstick IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
2-26-2024 Newshound Guru Clare Article quote: "the prevailing proposal is to replace every thousand dinars of the current currency with one dinar of the new currency...The deleting zeros can achieve many benefits, the most important of which is getting rid of high inflation pressures on the economy and restoring confidence in the national currency and the monetary system as a whole, facilitating accounting processes and cash exchange between citizens, and reducing the cost of managing and maintaining the monetary block by reducing its volume under circulation"
2-26-2024 Intel Guru Frank26 Article: "The dinar and its three zeros - is it time to symak the dinar and return to the dinar 1980" IMO [symak means make] What's so big about 1980? So you want to return the dinar to the 1980's? By 1971, '72, '73, the Iraqi dinar on the international market was $3.778. Then...it was reduced on purpose to $3.2169 in 1980.
2-26-2024 Newshound Guru Militia Man They're talking about deleting the zeros again...We're not talking 1, 2 or three articles... Article quote: "The issue of deleting the zeros and splinting the dinar has become a topic that causes a lot of reflection and controversy in economic circles..." If you go from 1310 to something back to a 'previous era'...is a big move...Article quote: "When this is done correctly we can expect...a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980."
2-26-2024 Intel Guru MarkZ [via PDK] One of the articles I like the most from Iraq: “ITC hosts Iraq National trade forum” With support from Iraq’s national Trade center and the government, and a joint agency of the UN and the World Trade Organization. The entire goal of this is to foster International trade, and import and export opportunities in business on the international stage.
2-26-2024 Newshound Guru tlm724 Article: "For The First Time In 20 Years...Iraq Participates In The Ministerial Conference Of The World Trade Organization" Quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization...pointing to “the completion of the requirements for Iraq’s accession to the organization, which is the completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system.”
2-26-2024 Newshound Guru Militia Man Article: "The Central Banks show that the amount of printed currency decreased by 1trillion between November and December 2023" They've been reducing their money supply for 20 years... They're telling you specifically they have been, in the trillions... Less supply means more value...They've been doing what we said they were doing. They've reduced the note count. We're going to see what the accurate numbers are and we're probably gong to see that in valuation of the Iraqi dinar.
2-26-2024 Newshound Guru Clare Article: "The Prime Minister of the Kurdistan Regional Government arrives in Washington on an official visit”
2-26-2024 Intel Guru MarkZ [via PDK] “For the first time in 20 years, Iraq participates in the Ministerial conference of the World Trade Organization” Including the completion of the requirements of Iraq’s ascension to the organization!! And joining the multi lateral trading system. This is a big one…
2-26-2024 Newshound Guru Pimpy The deletion of the zeros is not off the exchange rate...I've showed you in writing.
2-26-2024 Guru Nader From The Mid East Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..." Very good news, IQD decreasing. Wow.
2-26-2024 Newshound Guru Paulette IMSO...now that the Federal Court ruled, the Oil and Gas Law is no longer needed.The court wrote the entire Oil and Gas Law in one decision. All government employee salaries are paid through Baghdad and all oil and non oil revenues of Kurdistan go to the Federal government. Nothing more to say or agree to. "Binding and Compelling".
2-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: The GOI and the CBI came out and told you Iraqi citizens they are forming a committee to reprice your products in the markets...We told you once you see them start to do this repricing of items inside of Iraq's markets to get excited. IMO this is the precursor to your new exchange rate...things are very exciting right now. Your bank friend will be talking to you very soon.
2-26-2024 Newshound Guru Militia Man Question: "Does deleting the currency zeros affect its value?" Of course it will. Quote: "Currency zeros do not conflict with its value." Of course it's not going to conflict. You delete the zeros, is that a conflict? No. It brings purchasing power. If you deleted the zeros and there was no gain that would be a conflict. How are you going to tell people for all these years we're going to get purchasing power and then you do a LOP and there's no value difference?
2-26-2024 Intel Guru MarkZ [via PDK] Now over the weekend - this is where it gets fun…There was a lot of conversation and many stories about needing to have a committee for “repricing”... Why do they need to reprice? Maybe they are getting ready to change the value of the dinar? This is HUGE. And they were very up front over the weekend on “Removing the zeros” and this process provides more purchasing power…they call this the “mechanism to delete the zeros” This process requires increasing purchasing power when deleting the zeros…this was a huge weekend...As they increase their value they need to update their bills including the lower denominations
2-26-2024 Newshound/Intel Guru Walkingstick IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
2-26-2024 Newshound Guru Clare Article quote: "the prevailing proposal is to replace every thousand dinars of the current currency with one dinar of the new currency...The deleting zeros can achieve many benefits, the most important of which is getting rid of high inflation pressures on the economy and restoring confidence in the national currency and the monetary system as a whole, facilitating accounting processes and cash exchange between citizens, and reducing the cost of managing and maintaining the monetary block by reducing its volume under circulation"
2-26-2024 Intel Guru Frank26 Article: "The dinar and its three zeros - is it time to symak the dinar and return to the dinar 1980" IMO [symak means make] What's so big about 1980? So you want to return the dinar to the 1980's? By 1971, '72, '73, the Iraqi dinar on the international market was $3.778. Then...it was reduced on purpose to $3.2169 in 1980.
2-26-2024 Newshound Guru Militia Man They're talking about deleting the zeros again...We're not talking 1, 2 or three articles... Article quote: "The issue of deleting the zeros and splinting the dinar has become a topic that causes a lot of reflection and controversy in economic circles..." If you go from 1310 to something back to a 'previous era'...is a big move...Article quote: "When this is done correctly we can expect...a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980."
2-26-2024 Intel Guru MarkZ [via PDK] One of the articles I like the most from Iraq: “ITC hosts Iraq National trade forum” With support from Iraq’s national Trade center and the government, and a joint agency of the UN and the World Trade Organization. The entire goal of this is to foster International trade, and import and export opportunities in business on the international stage.
2-26-2024 Newshound Guru tlm724 Article: "For The First Time In 20 Years...Iraq Participates In The Ministerial Conference Of The World Trade Organization" Quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization...pointing to “the completion of the requirements for Iraq’s accession to the organization, which is the completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system.”
2-25-2024 Intel Guru Frank26 Iraq is one step ahead of us. The Iraqi citizens...are already taking their 3-zero notes and taking them to the bank and opening accounts because they know the monetary reform has educated them...All of a sudden bank accounts just exploded in Iraqi banks...
2-25-2024 Newshound Guru Militia Man Iraq is going to explode with growth. We all know that...You're going to provide thousands and thousands of jobs and build 10 industrial cities, millions of homes...it creates a lot of growth. It creates a lot of jobs...
2-25-2024 Guru Nader From The Mid East The RV will not happen if no one declares the end of the war...we still on war. In December 2021 they took troops out...but they never declared the end of the war...and they never took out the international coalition. For everything to happen they have to declare the end of the war. The international coalition have to be out of there. The soldiers of United States have to be out of there. Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.
2-25-2024 Newshound Guru Sandy Ingram The interest rate in Iraq averaged 6.17% from 2004 until 2024 reaching an all time high of 20% in December of 2007 and a record low of 4% in March of 2016. 6.17% is a high rate, yet they still are having trouble getting the Iraqi people to put their money into the bank. Iraq does have a bank deposit protection program similar to the US's FDIC. [Dinar Guru NOTE: For comparison the average US bank account offers .47%. You can find high yield savings accounts that offer around 5%]
2-25-2024 Newshound Guru Pimpy There's no doubt this [Development Road Project] is going to turn Iraq into a transit center. There's going to be a lot of traffic going through there. [But] Article quote: "Iraq has postponed the launch of its $7 billion development road project to early 2025..." Hello, remember, don't count your chickens before they hatch. We are talking about Iraq. This happens quite often.
2-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The entire city is uncomfortable and upset knowing the HCL is still not dealt with, knowing this is a key for us citizens. Today they [parliament] all walked out. They can't agree on the bill and they said we don't know when or if ever we will pass it. FRANK: That's a bunch of bull Ka-Ka. What do you mean you don't know when you're going to pass it. No one needs you to pass it!
2-25-2024 Intel Guru yada Question: Are we waiting for 5 pm...For Forex? yada: Not necessarily for the FOREX but for the markets to open. The lower denoms will be released after the rate change, almost seeming simultaneously. All the contracts from Davos, Baghdad forum, and now the OTC that closed on the 22nd, are all activated with the rate change.
2-25-2024 Newshound Guru Samson Article: "Washington: Senator Coons is holding important talks with our partners in Baghdad"
2-25-2024 Newshound Guru Militia Man Article quote: "...the prime minister's...advisors do not have any information regarding the amount of the read and expected deficit in the 2024 budget. This mater is completely closed until the moment exclusively with the Ministry of Finance." Parts of the government do not know yet what is coming. Why? Because they don't have a need to know... Article quote: "...no one know what they include... numbers and details." No one knows until the last moment. Why? Because they need to keep it tight to the chest.
2-25-2024 Intel Guru Frank26 Article: "Trade: Forming a committee to price foodstuffs, limit their rise, and exploit crises" THIS IS WHAT WE TOLD YOU TO LOOK FOR NEXT...Alaq has formed with his cabinet a committee in order to do the repricing because it will be required with a new exchange rate. What is the conclusion of all this? I'm excited. I told you, you should be too.
2-25-2024 Intel Guru Bruce [via WiserNow] This is a non taxable event. These exchanges that we're doing...they're not taxable to you...It was designed to be tax free. [Dinar Guru Note: Some gurus feel the dinar is non-taxable, others feel capital gains and still other feel it will be taxed as ordinary income. The only opinion that matters in the end is the IRS's. At the appropriate time consult your tax advisors to determine the correct tax for your unique circumstances.]
2-25-2024 Intel Guru MarkZ [via PDK] One of my three redemption center contacts have not been called into work…but they said there is always a possibility. They are being told to prepare for a possibly very busy week this week. They have warned them of that 2 or 3 times in the past…but they did give them a heads up that there is a potential of this week for them to be working some major overtime. The banks are stuck in the position of having to be prepared to go at any moment for when that trigger is pulled. So they are prepared for a potentially very busy work week.
2-25-2024 Newshound Guru Militia Man Iraq is going to explode with growth. We all know that...You're going to provide thousands and thousands of jobs and build 10 industrial cities, millions of homes...it creates a lot of growth. It creates a lot of jobs...
2-25-2024 Guru Nader From The Mid East The RV will not happen if no one declares the end of the war...we still on war. In December 2021 they took troops out...but they never declared the end of the war...and they never took out the international coalition. For everything to happen they have to declare the end of the war. The international coalition have to be out of there. The soldiers of United States have to be out of there. Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.
2-25-2024 Newshound Guru Sandy Ingram The interest rate in Iraq averaged 6.17% from 2004 until 2024 reaching an all time high of 20% in December of 2007 and a record low of 4% in March of 2016. 6.17% is a high rate, yet they still are having trouble getting the Iraqi people to put their money into the bank. Iraq does have a bank deposit protection program similar to the US's FDIC. [Dinar Guru NOTE: For comparison the average US bank account offers .47%. You can find high yield savings accounts that offer around 5%]
2-25-2024 Newshound Guru Pimpy There's no doubt this [Development Road Project] is going to turn Iraq into a transit center. There's going to be a lot of traffic going through there. [But] Article quote: "Iraq has postponed the launch of its $7 billion development road project to early 2025..." Hello, remember, don't count your chickens before they hatch. We are talking about Iraq. This happens quite often.
2-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The entire city is uncomfortable and upset knowing the HCL is still not dealt with, knowing this is a key for us citizens. Today they [parliament] all walked out. They can't agree on the bill and they said we don't know when or if ever we will pass it. FRANK: That's a bunch of bull Ka-Ka. What do you mean you don't know when you're going to pass it. No one needs you to pass it!
2-25-2024 Intel Guru yada Question: Are we waiting for 5 pm...For Forex? yada: Not necessarily for the FOREX but for the markets to open. The lower denoms will be released after the rate change, almost seeming simultaneously. All the contracts from Davos, Baghdad forum, and now the OTC that closed on the 22nd, are all activated with the rate change.
2-25-2024 Newshound Guru Samson Article: "Washington: Senator Coons is holding important talks with our partners in Baghdad"
2-25-2024 Newshound Guru Militia Man Article quote: "...the prime minister's...advisors do not have any information regarding the amount of the read and expected deficit in the 2024 budget. This mater is completely closed until the moment exclusively with the Ministry of Finance." Parts of the government do not know yet what is coming. Why? Because they don't have a need to know... Article quote: "...no one know what they include... numbers and details." No one knows until the last moment. Why? Because they need to keep it tight to the chest.
2-25-2024 Intel Guru Frank26 Article: "Trade: Forming a committee to price foodstuffs, limit their rise, and exploit crises" THIS IS WHAT WE TOLD YOU TO LOOK FOR NEXT...Alaq has formed with his cabinet a committee in order to do the repricing because it will be required with a new exchange rate. What is the conclusion of all this? I'm excited. I told you, you should be too.
2-25-2024 Intel Guru Bruce [via WiserNow] This is a non taxable event. These exchanges that we're doing...they're not taxable to you...It was designed to be tax free. [Dinar Guru Note: Some gurus feel the dinar is non-taxable, others feel capital gains and still other feel it will be taxed as ordinary income. The only opinion that matters in the end is the IRS's. At the appropriate time consult your tax advisors to determine the correct tax for your unique circumstances.]
2-25-2024 Intel Guru MarkZ [via PDK] One of my three redemption center contacts have not been called into work…but they said there is always a possibility. They are being told to prepare for a possibly very busy week this week. They have warned them of that 2 or 3 times in the past…but they did give them a heads up that there is a potential of this week for them to be working some major overtime. The banks are stuck in the position of having to be prepared to go at any moment for when that trigger is pulled. So they are prepared for a potentially very busy work week.
2-24-2024 Intel Guru Frank26 Question: "Is it good to hold some of our currency and hope the exchange rate will increase years from now?" That's your decision. I can't answer that for you. But its a logical thing if it's in the float. Let's say you got 2 million, exchange 1 million and check out the float. Maybe you can get it for 2 to 1, 3 to 1, 4 to 1. Yeah, that's proper stewardship. But based on the amount of time they give you is how you determine whether you hold them or fold them.
2-24-2024 Guru Nader From The Mid East Did you see the article...? Sudani visiting the United States Soon.
2-24-2024 Newshound Guru Pimpy I want to make sure people understand. When they go, 'why do you always talk negative about the dinar?' I'm not talking negative about the dinar. I'm expanding the truth to you. I may come across as negative because you have been tuning in elsewhere...and your emotions are high...I'm going to tell you exactly what we need to look for and what it's going to take for Iraq to get us there...There's a lot of good news. Let's be happy about that. More than I've seen in a long time.
2-24-2024 Intel Guru RayRen98 ♪♫•*¨*•.¸¸❤¸¸.•*¨•*♫♪ I'm so excited, and I just can't hide it. I know, I know, I know I see a RATE CHANGE! A SHO-NUFF "RATE CHANGE"! ♪♫•*¨*•.¸¸❤¸¸.•*¨•*♫♪ Sooner THAN later♫♪♫♪♫ I GOT A FEELIN ...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫ times 3...
2-24-2024 Newshound Guru Jeff The starting point of the US interactions with Iraq was on March 17, 2003...Is it possible the US might end its actions with Iraq on the anniversary date of when it started...March 17, 2024?
2-24-2024 Intel Guru Frank26 Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?" Who said there was? You want to go to BOA and see if they can hook you up with Merrill Lynch? Go for it...I told you there would be many banks. If you don't like this one go to another bank. There will be many places you can go and exchange to.
2-24-2024 Intel Guru MarkZ [via PDK] Plenty of RV rumors running around today about Reno and Europe that we could get an announcement today. But, I think it could be a bit premature...But there are a ton of bankers and group leaders that swear I will be proven wrong and they will get notices today. ...I can tell you the chatter is off the hook...We have certainly heard this before but have never been in this same spot where this many things are completed… which does make hearing this something we need to pay attention too. Just stay grounded and calm today as we wait to find out.
2-24-2024 Newshound Guru Samson Article: ”Al-Sorgi: The Federal Court’s decision will accelerate the legislation of the oil and gas law"
2-24-2024 Newshound Guru Militia Man Iraq's natural resources to stimulate growth is off the charts. They're right there underneath just a few countries... United States, Saudi Arabia...When it comes to valuation they're going to have to value the currency at some point in time to a Real Effective Exchange Rate (REER)...
2-24-2024 Intel Guru Wolverine On Thurs. 22 Feb. the Central Bank of Iraq made an official RV announcement on TV: Iraq will present a Sovereign coin and release it.
2-24-2024 Intel Guru Frank26 You know the qualifications to be part of the WTO. Is it to have value to their currency? No. It is to have a currency with no restrictions. Therefor if there are no restrictions on their currency, Hey, CBI, go crazy!
2-24-2024 Intel Guru Bruce [via WiserNow] ...Tuesday, which is the 27th is the day that we are supposed to receive our notifications...That 27 – 28 - 29 is going to be a real interesting period for us to be notified on the afternoon of the 27 which is Tuesday, start exchanges on Wednesday, the 28th... I'm excited. I'm excited about the fact we have a really good timeline - it does get us started before the end of the month.
2-24-2024 Guru Nader From The Mid East Did you see the article...? Sudani visiting the United States Soon.
2-24-2024 Newshound Guru Pimpy I want to make sure people understand. When they go, 'why do you always talk negative about the dinar?' I'm not talking negative about the dinar. I'm expanding the truth to you. I may come across as negative because you have been tuning in elsewhere...and your emotions are high...I'm going to tell you exactly what we need to look for and what it's going to take for Iraq to get us there...There's a lot of good news. Let's be happy about that. More than I've seen in a long time.
2-24-2024 Intel Guru RayRen98 ♪♫•*¨*•.¸¸❤¸¸.•*¨•*♫♪ I'm so excited, and I just can't hide it. I know, I know, I know I see a RATE CHANGE! A SHO-NUFF "RATE CHANGE"! ♪♫•*¨*•.¸¸❤¸¸.•*¨•*♫♪ Sooner THAN later♫♪♫♪♫ I GOT A FEELIN ...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫ times 3...
2-24-2024 Newshound Guru Jeff The starting point of the US interactions with Iraq was on March 17, 2003...Is it possible the US might end its actions with Iraq on the anniversary date of when it started...March 17, 2024?
2-24-2024 Intel Guru Frank26 Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?" Who said there was? You want to go to BOA and see if they can hook you up with Merrill Lynch? Go for it...I told you there would be many banks. If you don't like this one go to another bank. There will be many places you can go and exchange to.
2-24-2024 Intel Guru MarkZ [via PDK] Plenty of RV rumors running around today about Reno and Europe that we could get an announcement today. But, I think it could be a bit premature...But there are a ton of bankers and group leaders that swear I will be proven wrong and they will get notices today. ...I can tell you the chatter is off the hook...We have certainly heard this before but have never been in this same spot where this many things are completed… which does make hearing this something we need to pay attention too. Just stay grounded and calm today as we wait to find out.
2-24-2024 Newshound Guru Samson Article: ”Al-Sorgi: The Federal Court’s decision will accelerate the legislation of the oil and gas law"
2-24-2024 Newshound Guru Militia Man Iraq's natural resources to stimulate growth is off the charts. They're right there underneath just a few countries... United States, Saudi Arabia...When it comes to valuation they're going to have to value the currency at some point in time to a Real Effective Exchange Rate (REER)...
2-24-2024 Intel Guru Wolverine On Thurs. 22 Feb. the Central Bank of Iraq made an official RV announcement on TV: Iraq will present a Sovereign coin and release it.
2-24-2024 Intel Guru Frank26 You know the qualifications to be part of the WTO. Is it to have value to their currency? No. It is to have a currency with no restrictions. Therefor if there are no restrictions on their currency, Hey, CBI, go crazy!
2-24-2024 Intel Guru Bruce [via WiserNow] ...Tuesday, which is the 27th is the day that we are supposed to receive our notifications...That 27 – 28 - 29 is going to be a real interesting period for us to be notified on the afternoon of the 27 which is Tuesday, start exchanges on Wednesday, the 28th... I'm excited. I'm excited about the fact we have a really good timeline - it does get us started before the end of the month.
2-23-2024 Intel Guru Frank26 Be in control...I suggest to you go to Chase because you want to talk to JP Morgan. Open up an account. Now that you have a bank account you're in position! For what? For when the blessing occurs you go to Chase and say, 'I have a bank account here can I talk to the wealth management advisor?' Why? Because I have dinars. 'Oh, you're one of them. Come on in.' Shoot, they'll roll out the red carpet for you. In this case the white carpet.
2-23-2024 Newshound Guru Sandy Ingram You have NOT, and I repeat, NOT been scammed as long as you purchased authentic Iraqi dinars and your dinars are not counterfeit. If you purchased the exact currency used in the country today, then your dinars will spend just like any other dinar in Iraq today.
2-23-2024 Newshound Guru Pimpy Community Comment "...Nothing is going to change until Trump is back in office period..." Funny how people really feel if Trump gets in office then it's going to happen for sure, which it might be a possibility but we thought that last time. Nothing happened. But keep your fingers crossed, we're going to find out very soon.
2-23-2024 Newshound Guru Jeff In March the UN will be submitting their official, 'We're done', 'we're ending our mission in Iraq' report to Iraq...After Iraq has revalued is when it gets submitted and turned over to the Iraq government...
2-23-2024 Intel Guru Frank26 Article: "In support of the Iraqi dinar Watch.. Forces roam the streets of Najaf and review store records in search of dollar transactions" They are going door to door...THEY ARE GOING TO BUSINESS TO BUSINESS, TO RETRIEVE EVERY DOLLAR FOR THE INTRODUCTION OF LOWER NOTES. You're shrinking the market dollars so they can be closer to the official exchange rate so you can get a 1 to 1 which will cause it to float in the international basket so you can add value to your currency...
2-23-2024 Newshound Guru Samson Article: "At Biden's request, an American senator meets with Sudanese, and a detailed statement about their discussions"
2-23-2024 Newshound Guru Clare Article: "Biden's envoy arrives in Baghdad and meets Al-Sudani"
2-23-2024 Intel Guru MarkZ [via PDK] Boy I tell you…there is a bunch of people calling for today. I still think Iraq may have a sucker rate for a short bit…and then pull the trigger…To me that makes the most sense.
2-23-2024 Newshound Guru Militia Man Article: "Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector" The work Al-Sudani has done thus far is truly amazing... Previous governments were allowing the theft of massive amounts of money. That is no longer. This is likely why...the UN Assembly meetings were successful and with powerful statements about Iraq's future in "Restoring Confidence" (DAVOS) to the Global Financial system and with the largest banks in the world, i.e., J.P. Morgan Chase, CitiBank, etc..
2-23-2024 Intel Guru Frank26 This parallel market is going to shift down to the 1310, to quickly move to a goal of 1 to 1 rate inside of Iraq. Between the 19th of this month and 29th...the WTO will be admitting 5 countries into the WTO. I believe deep in my heart one of them will be the Iraqi dinar [Iraq?]
2-23-2024 Newshound/Intel Guru Mnt Goat ...when it does finally come out on the global exchanges, like FOREX, the rate in Iraq will coincide to whatever the rates are on the global currency exchanges that you want to exchange the dinar to. The banks will then use FOREX...Once on FOREX, there will be currency exchange rates in Iraq and elsewhere according to the country’s currency you are exchanging it in. For instance, if you are in the United States you will exchange for USD. If you are in Germany you will exchange for Euros, etc.. etc... There are no other rates. The Iraqi program rate will be gone. That whole temporary currency system will be gone.
2-23-2024 Intel Guru RayRen98 GOOD SOURCES INFORM THAT THEY ARE ATTEMPTING TO PUSH IT OUT "BEFORE" THE END OF THE MONTH...
2-23-2024 Newshound Guru Sandy Ingram You have NOT, and I repeat, NOT been scammed as long as you purchased authentic Iraqi dinars and your dinars are not counterfeit. If you purchased the exact currency used in the country today, then your dinars will spend just like any other dinar in Iraq today.
2-23-2024 Newshound Guru Pimpy Community Comment "...Nothing is going to change until Trump is back in office period..." Funny how people really feel if Trump gets in office then it's going to happen for sure, which it might be a possibility but we thought that last time. Nothing happened. But keep your fingers crossed, we're going to find out very soon.
2-23-2024 Newshound Guru Jeff In March the UN will be submitting their official, 'We're done', 'we're ending our mission in Iraq' report to Iraq...After Iraq has revalued is when it gets submitted and turned over to the Iraq government...
2-23-2024 Intel Guru Frank26 Article: "In support of the Iraqi dinar Watch.. Forces roam the streets of Najaf and review store records in search of dollar transactions" They are going door to door...THEY ARE GOING TO BUSINESS TO BUSINESS, TO RETRIEVE EVERY DOLLAR FOR THE INTRODUCTION OF LOWER NOTES. You're shrinking the market dollars so they can be closer to the official exchange rate so you can get a 1 to 1 which will cause it to float in the international basket so you can add value to your currency...
2-23-2024 Newshound Guru Samson Article: "At Biden's request, an American senator meets with Sudanese, and a detailed statement about their discussions"
2-23-2024 Newshound Guru Clare Article: "Biden's envoy arrives in Baghdad and meets Al-Sudani"
2-23-2024 Intel Guru MarkZ [via PDK] Boy I tell you…there is a bunch of people calling for today. I still think Iraq may have a sucker rate for a short bit…and then pull the trigger…To me that makes the most sense.
2-23-2024 Newshound Guru Militia Man Article: "Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector" The work Al-Sudani has done thus far is truly amazing... Previous governments were allowing the theft of massive amounts of money. That is no longer. This is likely why...the UN Assembly meetings were successful and with powerful statements about Iraq's future in "Restoring Confidence" (DAVOS) to the Global Financial system and with the largest banks in the world, i.e., J.P. Morgan Chase, CitiBank, etc..
2-23-2024 Intel Guru Frank26 This parallel market is going to shift down to the 1310, to quickly move to a goal of 1 to 1 rate inside of Iraq. Between the 19th of this month and 29th...the WTO will be admitting 5 countries into the WTO. I believe deep in my heart one of them will be the Iraqi dinar [Iraq?]
2-23-2024 Newshound/Intel Guru Mnt Goat ...when it does finally come out on the global exchanges, like FOREX, the rate in Iraq will coincide to whatever the rates are on the global currency exchanges that you want to exchange the dinar to. The banks will then use FOREX...Once on FOREX, there will be currency exchange rates in Iraq and elsewhere according to the country’s currency you are exchanging it in. For instance, if you are in the United States you will exchange for USD. If you are in Germany you will exchange for Euros, etc.. etc... There are no other rates. The Iraqi program rate will be gone. That whole temporary currency system will be gone.
2-23-2024 Intel Guru RayRen98 GOOD SOURCES INFORM THAT THEY ARE ATTEMPTING TO PUSH IT OUT "BEFORE" THE END OF THE MONTH...
2-22-2024 Intel Guru Frank26 Who do the [new lower note] samples belong to right now? Only the banks, not the citizens. That will happen. It will be on their television, but not yet though.
2-22-2024 Newshound Guru Sandy Ingram The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar. Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady.
2-22-2024 Intel Guru MarkZ [via PDK] “The Sudanese received an official letter from America regarding the scheduling of the end of the tasks for the international coalition” We believe this is the final step for Iraq to become fully sovereign and increase the rate of the dinar. They didn’t give a date but imply its sooner rather than later.
2-22-2024 Newshound Guru Clare Article: "Al-Sudani is making an upcoming visit to Washington" Quote "The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,”
2-22-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] The training with the specimen sheets is a daily continuing thing...We don't know if it's going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines. Aki is working with new sorting and counting machines [Not the new DeLaRue machines]...These machines [New DeLaRue] will only be used inside of Iraq. Aki has no need for these machines...Chase's JP Morgan who buys and sell currency around the world would also have these new machines.
2-22-2024 Intel Guru Frank26 The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you're going to see the dollar go up before it is finally removed and irradiated one last time...
2-22-2024 Intel Guru MarkZ [via PDK] No, The RV is not dependent on the collapse of the stock market. But, many of us believe the collapse of the stock market will force the RV.
2-22-2024 Newshound Guru Pimpy Community Comment: "Thanks for the let down once more that Iraq will never RV." I never said it would never RV. Never. In fact I'm the one that said it's going to go up in increments.
2-22-2024 Newshound Guru Jeff Why the timing of the rate change has anything to do with a budget period? Here's why...Countries calculate their budgets off the value of the currency. In order for them to approve a budget, whatever currency value they're going to utilize has to be released publicly...That means the rate has to change before the budget can be approved...Kuwait changed their rate on March 24th of 1991...before their April 1st budget period. It's that simple.
2-22-2024 Newshound Guru Militia Man Saudi Arabia helped Iraq with about 15 years of negotiations [with the WTO] in one year...Iraq [at that time was at "observer" status]...Being an observer you have the ability to have accessions. Am I waiting for them to have accessions before they have an exchange rate? No I'm not. But the fact that they're getting to that stage shows the world's expectation is ...the cat's out of he bag.
2-22-2024 Intel Guru Frank26 Article: "ACCESSIONS 12th China Round Table on WTO Accessions ARAB PERSPECTIVES ON WTO ACCESSIONS AND THE MULTILATERAL TRADING SYSTEM" I love the word ascension... WTO...Can you tell me who you are ascending in the WTO? Article quote: "Algeria, Comoros, Iraq, Lebanese Republic, Libya, Somalia, Sudan and the Syrian Arab Republic are in the process of Article XII accession". This is a lot for the monetary reform of the Iraqi dinar that would bring forth the economic explosion reform of Iraq...This is wonderful.
2-22-2024 Intel Guru Bruce [via WiserNow] ...we haven't started yet. But we know that we've checked with certain banks...like Chase and Wells have the dinar, for example is one of our currencies on the front screens of the banks and ...they're rising in value. But there the last time we checked, the bank screens rates were flashing - ...when it's flashing on and off...it means that it's not quite ready...to be exchanged...So we're waiting according to the latest information that we have from redemption centers and banks, that they're waiting for the green light to come in the form of an email from Wells Fargo, corporate New York...When that email comes in to the redemption centers, they will know that it's time to go it's time to start...we're close. [post 2 of 2]
2-22-2024 Intel Guru Bruce [via WiserNow] Prime minister of Iraq met with our President Trump for a couple of hours in an undisclosed location on Sunday afternoon and they were discussing the fact when Prime Minister, Sudani of Iraq was going to fly back to Iraq that afternoon...he was going to announce to the entire country of Iraq they were indeed a sovereign nation and had a sovereign currency - once that occurred...we would have simultaneous announcement here...not quite sure who was going make it but was to be made to banks and to our redemption centers, and other institutions - with other officials dealing with currency exchanges...once those announcements were made, we felt like we were good to go and get ready to get started... [post 1 of 2]
2-22-2024 Newshound/Intel Guru Mnt Goat Please just be patient! The reinstatement is coming and I firmly believe from what we now already know and are about to witness is a major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is about to get out of the sanctioned mindset altogether and return to common global banking practices of how they will be doing business with the rest of the world going forward.
2-22-2024 Newshound Guru Sandy Ingram The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar. Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady.
2-22-2024 Intel Guru MarkZ [via PDK] “The Sudanese received an official letter from America regarding the scheduling of the end of the tasks for the international coalition” We believe this is the final step for Iraq to become fully sovereign and increase the rate of the dinar. They didn’t give a date but imply its sooner rather than later.
2-22-2024 Newshound Guru Clare Article: "Al-Sudani is making an upcoming visit to Washington" Quote "The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,”
2-22-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] The training with the specimen sheets is a daily continuing thing...We don't know if it's going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines. Aki is working with new sorting and counting machines [Not the new DeLaRue machines]...These machines [New DeLaRue] will only be used inside of Iraq. Aki has no need for these machines...Chase's JP Morgan who buys and sell currency around the world would also have these new machines.
2-22-2024 Intel Guru Frank26 The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you're going to see the dollar go up before it is finally removed and irradiated one last time...
2-22-2024 Intel Guru MarkZ [via PDK] No, The RV is not dependent on the collapse of the stock market. But, many of us believe the collapse of the stock market will force the RV.
2-22-2024 Newshound Guru Pimpy Community Comment: "Thanks for the let down once more that Iraq will never RV." I never said it would never RV. Never. In fact I'm the one that said it's going to go up in increments.
2-22-2024 Newshound Guru Jeff Why the timing of the rate change has anything to do with a budget period? Here's why...Countries calculate their budgets off the value of the currency. In order for them to approve a budget, whatever currency value they're going to utilize has to be released publicly...That means the rate has to change before the budget can be approved...Kuwait changed their rate on March 24th of 1991...before their April 1st budget period. It's that simple.
2-22-2024 Newshound Guru Militia Man Saudi Arabia helped Iraq with about 15 years of negotiations [with the WTO] in one year...Iraq [at that time was at "observer" status]...Being an observer you have the ability to have accessions. Am I waiting for them to have accessions before they have an exchange rate? No I'm not. But the fact that they're getting to that stage shows the world's expectation is ...the cat's out of he bag.
2-22-2024 Intel Guru Frank26 Article: "ACCESSIONS 12th China Round Table on WTO Accessions ARAB PERSPECTIVES ON WTO ACCESSIONS AND THE MULTILATERAL TRADING SYSTEM" I love the word ascension... WTO...Can you tell me who you are ascending in the WTO? Article quote: "Algeria, Comoros, Iraq, Lebanese Republic, Libya, Somalia, Sudan and the Syrian Arab Republic are in the process of Article XII accession". This is a lot for the monetary reform of the Iraqi dinar that would bring forth the economic explosion reform of Iraq...This is wonderful.
2-22-2024 Intel Guru Bruce [via WiserNow] ...we haven't started yet. But we know that we've checked with certain banks...like Chase and Wells have the dinar, for example is one of our currencies on the front screens of the banks and ...they're rising in value. But there the last time we checked, the bank screens rates were flashing - ...when it's flashing on and off...it means that it's not quite ready...to be exchanged...So we're waiting according to the latest information that we have from redemption centers and banks, that they're waiting for the green light to come in the form of an email from Wells Fargo, corporate New York...When that email comes in to the redemption centers, they will know that it's time to go it's time to start...we're close. [post 2 of 2]
2-22-2024 Intel Guru Bruce [via WiserNow] Prime minister of Iraq met with our President Trump for a couple of hours in an undisclosed location on Sunday afternoon and they were discussing the fact when Prime Minister, Sudani of Iraq was going to fly back to Iraq that afternoon...he was going to announce to the entire country of Iraq they were indeed a sovereign nation and had a sovereign currency - once that occurred...we would have simultaneous announcement here...not quite sure who was going make it but was to be made to banks and to our redemption centers, and other institutions - with other officials dealing with currency exchanges...once those announcements were made, we felt like we were good to go and get ready to get started... [post 1 of 2]
2-22-2024 Newshound/Intel Guru Mnt Goat Please just be patient! The reinstatement is coming and I firmly believe from what we now already know and are about to witness is a major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is about to get out of the sanctioned mindset altogether and return to common global banking practices of how they will be doing business with the rest of the world going forward.
2-21-2024 Intel Guru Frank26 The Untied States of America stopped using its 3 zero notes back in the late 1950's. But they're still in circulation. Nobody uses them. They were never null and void. They're actually a collectors item and worth a lot more than their face value.
2-21-2024 Newshound Guru Pimpy Question: "There have been some references...regarding some Iraqi banks in the US, have you heard about any of thee banks on US soil?" Here you go: You have the Iraq National Bank that's in New York. Rasheed Bank that's in New York. North Bank that's Dearborn Michigan, The Bank of Baghdad is in New York City, TBI Bank which is in Washington DC. These are the Iraqi banks that are currently in the US...
2-21-2024 Newshound Guru Jeff What was the number on thing in the month of January Iraq kept stating in all the news articles? How they achieved critical stability. In order for Iraq, the number one thing they have to do is achieve overall stability, to be eligible to revalue. Article quote "For Iraq to further continue on the path of stability and progress, an enabling environment will prove essential" She's stating Iraq is on a path of stability and progress and continuing in that direction will prove essential. Meaning allowing them to revalue the currency and get back on the world stage.
2-21-2024 Newshound Guru Samson Article "Al-Sudani: We received a letter from Washington agreeing to end the tasks of the international coalition"
2-21-2024 Newshound Guru Sandy Ingram Iraq's tourism could easily increase to over 10 billion US dollars a year, comparing it with Egypt's tourism.
2-21-2024 Intel Guru Frank26 Article: "Finance: Completion of the implementation of the (QR) system for the validity of electronic receipts in various transactions" THOSE ARE MECHANISMS OF THE MONETARY REFORM... BEING REVEALED...If this system is complete then Iraq has what it needs to float, to go International, to knock on FX. That's what this is...
2-21-2024 Newshound Guru Militia Man The amount of construction and all those things that we've talked about are not going to be affordable at 1310. They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...
2-21-2024 Intel Guru MarkZ [via PDK] Question: I heard that Vietnam started their currency reform on 6/23…Do you think they are almost done? MarkZ: I know they are making good progress and have talked about the need to raise their currency. Our US state dept. said a year and a half ago that they need to adjust their currency up.
2-21-2024 Newshound Guru Pimpy Community Comment: "IMO I think a $1.28 would be a sweet spot for the RV and then go up from there." $1.28 would be pretty nice if we can get it but IMO if they want to make sure not to really crash their economy they're going to have to go up in smaller increments...I know you guys don't like to hear that and it makes me the bad guy. You might see it go somewhere from...1310 for every dollar...to around 1,100 dinars for every dollar or maybe even 1,000 dinars for every dollar, then from there down to like 700s...small increments.
2-21-2024 Newshound Guru Jeff When Iraq revalues both the U.S and U.N. will automatically lift and remove their sanctions. When Iraq revalues it's an automated step and we have to give them their sovereignty back. We have to show the world Iraq has power and control over their own country...The rate change is here in March. It's not a secret...
2-21-2024 Newshound/Intel Guru Mnt Goat ...just today another article came out from the CBI telling us about yet more steps in the RV/Reinstatement process are about to be implemented...new developments...push us even closer to the RV/Reinstatement...The news could not get any better, aside from having the reinstatement itself.
2-21-2024 Newshound Guru Samson Article: ”Parliamentary Finance directs a request to the US Treasury regarding sanctions on banks"
2-21-2024 Intel Guru Frank26 To me that Baghdad dollar, which is the dollar in the black market, is going to have a huge drop, which is what we all want. When it does that in the parallel market it is possible it will take it to a 1 to 1 rate...It is possible it will float with other currencies...Then the basket will float the IQD to gain value via a supply and demand of the currency on international markets...
2-21-2024 Intel Guru MarkZ [via PDK] Comment: If Iraq has to have sustainable pricing starting March 1 and Ramadan starts on March 11, I really feel like we are in the window now. Especially with Kuwait reevaluating during Ramadan. MarkZ: Business is very much restricted or slows down during Ramadan...but it is still possible to have it happen then.
2-21-2024 Newshound Guru Pimpy Question: "There have been some references...regarding some Iraqi banks in the US, have you heard about any of thee banks on US soil?" Here you go: You have the Iraq National Bank that's in New York. Rasheed Bank that's in New York. North Bank that's Dearborn Michigan, The Bank of Baghdad is in New York City, TBI Bank which is in Washington DC. These are the Iraqi banks that are currently in the US...
2-21-2024 Newshound Guru Jeff What was the number on thing in the month of January Iraq kept stating in all the news articles? How they achieved critical stability. In order for Iraq, the number one thing they have to do is achieve overall stability, to be eligible to revalue. Article quote "For Iraq to further continue on the path of stability and progress, an enabling environment will prove essential" She's stating Iraq is on a path of stability and progress and continuing in that direction will prove essential. Meaning allowing them to revalue the currency and get back on the world stage.
2-21-2024 Newshound Guru Samson Article "Al-Sudani: We received a letter from Washington agreeing to end the tasks of the international coalition"
2-21-2024 Newshound Guru Sandy Ingram Iraq's tourism could easily increase to over 10 billion US dollars a year, comparing it with Egypt's tourism.
2-21-2024 Intel Guru Frank26 Article: "Finance: Completion of the implementation of the (QR) system for the validity of electronic receipts in various transactions" THOSE ARE MECHANISMS OF THE MONETARY REFORM... BEING REVEALED...If this system is complete then Iraq has what it needs to float, to go International, to knock on FX. That's what this is...
2-21-2024 Newshound Guru Militia Man The amount of construction and all those things that we've talked about are not going to be affordable at 1310. They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...
2-21-2024 Intel Guru MarkZ [via PDK] Question: I heard that Vietnam started their currency reform on 6/23…Do you think they are almost done? MarkZ: I know they are making good progress and have talked about the need to raise their currency. Our US state dept. said a year and a half ago that they need to adjust their currency up.
2-21-2024 Newshound Guru Pimpy Community Comment: "IMO I think a $1.28 would be a sweet spot for the RV and then go up from there." $1.28 would be pretty nice if we can get it but IMO if they want to make sure not to really crash their economy they're going to have to go up in smaller increments...I know you guys don't like to hear that and it makes me the bad guy. You might see it go somewhere from...1310 for every dollar...to around 1,100 dinars for every dollar or maybe even 1,000 dinars for every dollar, then from there down to like 700s...small increments.
2-21-2024 Newshound Guru Jeff When Iraq revalues both the U.S and U.N. will automatically lift and remove their sanctions. When Iraq revalues it's an automated step and we have to give them their sovereignty back. We have to show the world Iraq has power and control over their own country...The rate change is here in March. It's not a secret...
2-21-2024 Newshound/Intel Guru Mnt Goat ...just today another article came out from the CBI telling us about yet more steps in the RV/Reinstatement process are about to be implemented...new developments...push us even closer to the RV/Reinstatement...The news could not get any better, aside from having the reinstatement itself.
2-21-2024 Newshound Guru Samson Article: ”Parliamentary Finance directs a request to the US Treasury regarding sanctions on banks"
2-21-2024 Intel Guru Frank26 To me that Baghdad dollar, which is the dollar in the black market, is going to have a huge drop, which is what we all want. When it does that in the parallel market it is possible it will take it to a 1 to 1 rate...It is possible it will float with other currencies...Then the basket will float the IQD to gain value via a supply and demand of the currency on international markets...
2-21-2024 Intel Guru MarkZ [via PDK] Comment: If Iraq has to have sustainable pricing starting March 1 and Ramadan starts on March 11, I really feel like we are in the window now. Especially with Kuwait reevaluating during Ramadan. MarkZ: Business is very much restricted or slows down during Ramadan...but it is still possible to have it happen then.
2-20-2024 Intel Guru RayRen98 SORRY, BUT TODAY IS "NOT" THE DAY WE ARE SEEKING...BUT IT IS STEADILY APPROACHING!
2-20-2024 Newshound Guru Jeff I'm pretty much proud to tell you that you are witnessing Iraq set the stage to revalue right now. It's happening. They are preparing to revalue. All the evidence is here. There is no question it's happening.
2-20-2024 Intel Guru MarkZ [via PDK] “Iraq confirms World Banks intention to promote fiscal policy reforms.” And here is the humdinger of the day. “ Al Sudani sets the date for the opening of the port of Al Faw and decides the future of the presence of the coalition forces in Iraq” The future is they will be gone. This is not just the US they want to leave - but the entire coalition. He said it began in 2014 and ENDED TODAY! This is huge news. Decisions have been made and they no longer need them. They are moving towards independence. It is all good news today.
2-20-2024 Newshound Guru Militia Man A lot of people out there talking about this LOP business. The bottom-line is a LOP doesn't do anything for Iraq. First off I don't believe for a moment the IMF would allow them. Iraq's focusing on telling everybody their inflation has been contained for years. There's no hyperinflation so a LOP is completely out of the question...
2-20-2024 Intel Guru Frank26 Question "Will the IQD gradually increase?" In the float when it's in the international basket, yes. That's when you want to pay close attention. The problem is we don't know how much time we have to exchange the Iraqi dinar. You may not even be able to participate in it. But I think we will. Most revaluations and reinstatements of currency worldwide historically give you at least 6 months to a year.
2-20-2024 Newshound Guru Sandy Ingram The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar. Until this changes we have to find other ways to pull our profit out of Iraq. We can do this. I found one way and will discuss it in a an upcoming [post]...
2-20-2024 Newshound Guru Pimpy Community Comment: "Once the 3 zeros are deleted, establishing IQD's REER, then the rate will go up in increments." That's not what you want. You do not want them to delete the zeros before the rate goes up. If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate? That's not going to help you. We'll see what happens.
2-20-2024 Newshound Guru Jeff Article: "Al-Sudani reveals the intention to end the political role of the United Nations mission in Iraq" Do you notice how they're talking about removing the remaining US coalition forces and the United Nations together at the same time? That's because Iraq's going international. The UN has chapter VII sanctions on Iraq and the US has OFAC sanctions on Iraq...Both parties need to remove their sanctions off of Iraq... They're discussing doing both steps simultaneously at the same time. Not coincidence. It's because Iraq's preparing to revalue and go international.
2-20-2024 Intel Guru MarkZ [via PDK] something interesting from a whale… a couple of “Currency Whales” have exchange appointments in March. It may be they are setting appointments for after the event (Reset?) But it is interesting and these whales are not under NDA’s yet. I have heard from 3 of those right now. These whales have spent hundreds of thousands on currencies…one of them has spent millions.
2-20-2024 Newshound Guru Militia Man Article: "Government advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Is this the major announcement or a lead into one, that Salih told us about? If it isn't an announcement it surely is a good lead into one...Awesome news indeed.. International ships arriving, partnering with the private sector, integration with the global economy, compliance with with international standards. Surely we can all see the writing on the wall.. Yep.. Powerful.. imo
2-20-2024 Newshound Guru Clare Article: "The Baghdad dollar faces a “major withdrawal” at the beginning of the week, but the exchange rate is stable"
2-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the Baghdad dollar will see a huge drop beginning of week, however the exchange rate is stable? We don't know what it means. FRANK: What is a Baghdad dollar? It's the United States Dollar in Baghdad....That's the drop of the US dollar in the parallel market...Which means they'll try to get to 1 to 1...I'm not telling next we're going to have our blessing. I'm telling that next week they're going to do what they're saying.
2-20-2024 Newshound/Intel Guru Mnt Goat I will tell everyone who has been in this speculative investment for a long time, this couldn’t be a worst time to sell your dinar. I compare it to a severe storm. You must have the guts to weather the storm... when the storm finally does really end, it’s over and done and then you move on to a better life knowing you weathered the storm and received the blessings that come afterwards. The rewards are great.
2-20-2024 Intel Guru MarkZ [via PDK] Article: “Minister of Finance of the World Bank –The Government is determined to reform Iraqi Monetary policies” A lot coming out about all the policies of financial reform and restoring the rate of the dinar.
2-20-2024 Newshound Guru Jeff I'm pretty much proud to tell you that you are witnessing Iraq set the stage to revalue right now. It's happening. They are preparing to revalue. All the evidence is here. There is no question it's happening.
2-20-2024 Intel Guru MarkZ [via PDK] “Iraq confirms World Banks intention to promote fiscal policy reforms.” And here is the humdinger of the day. “ Al Sudani sets the date for the opening of the port of Al Faw and decides the future of the presence of the coalition forces in Iraq” The future is they will be gone. This is not just the US they want to leave - but the entire coalition. He said it began in 2014 and ENDED TODAY! This is huge news. Decisions have been made and they no longer need them. They are moving towards independence. It is all good news today.
2-20-2024 Newshound Guru Militia Man A lot of people out there talking about this LOP business. The bottom-line is a LOP doesn't do anything for Iraq. First off I don't believe for a moment the IMF would allow them. Iraq's focusing on telling everybody their inflation has been contained for years. There's no hyperinflation so a LOP is completely out of the question...
2-20-2024 Intel Guru Frank26 Question "Will the IQD gradually increase?" In the float when it's in the international basket, yes. That's when you want to pay close attention. The problem is we don't know how much time we have to exchange the Iraqi dinar. You may not even be able to participate in it. But I think we will. Most revaluations and reinstatements of currency worldwide historically give you at least 6 months to a year.
2-20-2024 Newshound Guru Sandy Ingram The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar. Until this changes we have to find other ways to pull our profit out of Iraq. We can do this. I found one way and will discuss it in a an upcoming [post]...
2-20-2024 Newshound Guru Pimpy Community Comment: "Once the 3 zeros are deleted, establishing IQD's REER, then the rate will go up in increments." That's not what you want. You do not want them to delete the zeros before the rate goes up. If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate? That's not going to help you. We'll see what happens.
2-20-2024 Newshound Guru Jeff Article: "Al-Sudani reveals the intention to end the political role of the United Nations mission in Iraq" Do you notice how they're talking about removing the remaining US coalition forces and the United Nations together at the same time? That's because Iraq's going international. The UN has chapter VII sanctions on Iraq and the US has OFAC sanctions on Iraq...Both parties need to remove their sanctions off of Iraq... They're discussing doing both steps simultaneously at the same time. Not coincidence. It's because Iraq's preparing to revalue and go international.
2-20-2024 Intel Guru MarkZ [via PDK] something interesting from a whale… a couple of “Currency Whales” have exchange appointments in March. It may be they are setting appointments for after the event (Reset?) But it is interesting and these whales are not under NDA’s yet. I have heard from 3 of those right now. These whales have spent hundreds of thousands on currencies…one of them has spent millions.
2-20-2024 Newshound Guru Militia Man Article: "Government advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Is this the major announcement or a lead into one, that Salih told us about? If it isn't an announcement it surely is a good lead into one...Awesome news indeed.. International ships arriving, partnering with the private sector, integration with the global economy, compliance with with international standards. Surely we can all see the writing on the wall.. Yep.. Powerful.. imo
2-20-2024 Newshound Guru Clare Article: "The Baghdad dollar faces a “major withdrawal” at the beginning of the week, but the exchange rate is stable"
2-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the Baghdad dollar will see a huge drop beginning of week, however the exchange rate is stable? We don't know what it means. FRANK: What is a Baghdad dollar? It's the United States Dollar in Baghdad....That's the drop of the US dollar in the parallel market...Which means they'll try to get to 1 to 1...I'm not telling next we're going to have our blessing. I'm telling that next week they're going to do what they're saying.
2-20-2024 Newshound/Intel Guru Mnt Goat I will tell everyone who has been in this speculative investment for a long time, this couldn’t be a worst time to sell your dinar. I compare it to a severe storm. You must have the guts to weather the storm... when the storm finally does really end, it’s over and done and then you move on to a better life knowing you weathered the storm and received the blessings that come afterwards. The rewards are great.
2-20-2024 Intel Guru MarkZ [via PDK] Article: “Minister of Finance of the World Bank –The Government is determined to reform Iraqi Monetary policies” A lot coming out about all the policies of financial reform and restoring the rate of the dinar.
2-19-2024 Intel Guru Frank26 Question: "Will the exchange rate be the same in all banks?" Yes, that is a law. This is nonsense - 'I belong to the United Nations humanitarian program...I'm going to get $5 because I belong to that.' You're stupid or what? There's no such thing as dual exchange rates for one currency. It's against the law.
2-19-2024 Newshound Guru Jeff Article: "Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Yeah, because they're about to revalue and go international...It is right in front of our faces...It's almost here. They needed the first quarter to prepare for it after achieving stability from the December elections. March is critical to us...
2-19-2024 Newshound Guru Pimpy If you're going to exchange your Iraqi dinar, let's just say for the sake of this particular example...3 to 1, congratulations you now got millions of dollars. So you go and you swap your currency and they're saying, 'Hey, you got $3 million in your account.' Yah! You can't say to them I want $3 million dollars because the bank doesn't carry money like that no more. They might say...we are going to allow you to carry out $5,000 for today cash but we're going to have to set an appointment with you to come pick up the rest of the cash...If they have to order currency for you, they're going to charge you a fee because they have to pay a fee...
2-19-2024 Intel Guru MarkZ [via PDK] I know we are all tired of hearing of all this progress and we still cannot go to the bank. Imagine how frustrated the Iraqi citizens feel? But we are watching steady progress towards Iraq’s reinstatement and/or revaluation. I still think its going to be revaluation…but a reinstatement would be easier for them.
2-19-2024 Newshound Guru Militia Man One of the things that's important is what we didn't have in the past was banks talking to us at the length that they are now...
2-19-2024 Intel Guru Frank26 Question: "Do you think the conflict with Iran is going to delay this?" No. In fact Iran is running out.
2-19-2024 Newshound/Intel Guru Walkingstick The CBI was given new DeLaRue machines to use by the United States Treasury. Why? Because the old DeLaRue machines cannot read the new security features on the new lower notes.
2-19-2024 Newshound Guru Sandy Ingram There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west...Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda...
2-19-2024 Intel Guru MarkZ [via PDK] Iraq has got a lead position in a number of committees etc…in the WTO. And there are meetings scheduled throughout the year. They have to be full members to do these so to me it is very clear we are about to see Iraqs ascension into the WTO in the very near future...Nearly every economist out there is calling for a new rate before that occurs...
2-19-2024 Newshound Guru Jeff Article: "Observer: Ending the mission of the Untied Nations office in Iraq takes Iraq out of Chapter Seven". The UN exiting Iraq and no longer working with them automatically will lift and remove the UN Chapter VII sanctions. But keep in mind the UN will not be exiting Iraq until after Iraq has already revalued the currency. Iraq has to revalue before the UN will exit out. [Dinar Guru NOTE: Read the Dinar Guru's Possible To Do List in the left column of this page.]
2-19-2024 Newshound Guru Pimpy You're going to see IMO a slight increase in the exchange rate, probably within the first quarter of this year...I still feel in my heart there might be some kind of change to the exchange rate the first quarter of this year. It's not going to be anything major but it is going to be an increase.
2-19-2024 Newshound Guru Militia Man Article quote "...Iraq will return to being a strong economic player." If they're not a strong economic player at 1310 why would they be tomorrow? ...Iraq's not going to go international until they show us a Real Effective Exchange Rate. I'm looking forward to it. I think it's going to be powerful.
2-19-2024 Intel Guru Frank26 If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you'll be able to see the safety features. The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers. The state of the art technology of security for toilet paper value? No, that alone is an important aspect for you to understand...
2-19-2024 Intel Guru MarkZ [via PDK] Comment: we're hearing we must have receipts on the currency. MarkZ: I was told since it has gone on for so long….they are not needing receipts to exchange unless you have an enormous amount of currency. If you have large, obscene amounts like $100 million in dinar or something like that…it would be best if you have receipts….
2-19-2024 Newshound Guru Jeff Article: "Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Yeah, because they're about to revalue and go international...It is right in front of our faces...It's almost here. They needed the first quarter to prepare for it after achieving stability from the December elections. March is critical to us...
2-19-2024 Newshound Guru Pimpy If you're going to exchange your Iraqi dinar, let's just say for the sake of this particular example...3 to 1, congratulations you now got millions of dollars. So you go and you swap your currency and they're saying, 'Hey, you got $3 million in your account.' Yah! You can't say to them I want $3 million dollars because the bank doesn't carry money like that no more. They might say...we are going to allow you to carry out $5,000 for today cash but we're going to have to set an appointment with you to come pick up the rest of the cash...If they have to order currency for you, they're going to charge you a fee because they have to pay a fee...
2-19-2024 Intel Guru MarkZ [via PDK] I know we are all tired of hearing of all this progress and we still cannot go to the bank. Imagine how frustrated the Iraqi citizens feel? But we are watching steady progress towards Iraq’s reinstatement and/or revaluation. I still think its going to be revaluation…but a reinstatement would be easier for them.
2-19-2024 Newshound Guru Militia Man One of the things that's important is what we didn't have in the past was banks talking to us at the length that they are now...
2-19-2024 Intel Guru Frank26 Question: "Do you think the conflict with Iran is going to delay this?" No. In fact Iran is running out.
2-19-2024 Newshound/Intel Guru Walkingstick The CBI was given new DeLaRue machines to use by the United States Treasury. Why? Because the old DeLaRue machines cannot read the new security features on the new lower notes.
2-19-2024 Newshound Guru Sandy Ingram There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west...Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda...
2-19-2024 Intel Guru MarkZ [via PDK] Iraq has got a lead position in a number of committees etc…in the WTO. And there are meetings scheduled throughout the year. They have to be full members to do these so to me it is very clear we are about to see Iraqs ascension into the WTO in the very near future...Nearly every economist out there is calling for a new rate before that occurs...
2-19-2024 Newshound Guru Jeff Article: "Observer: Ending the mission of the Untied Nations office in Iraq takes Iraq out of Chapter Seven". The UN exiting Iraq and no longer working with them automatically will lift and remove the UN Chapter VII sanctions. But keep in mind the UN will not be exiting Iraq until after Iraq has already revalued the currency. Iraq has to revalue before the UN will exit out. [Dinar Guru NOTE: Read the Dinar Guru's Possible To Do List in the left column of this page.]
2-19-2024 Newshound Guru Pimpy You're going to see IMO a slight increase in the exchange rate, probably within the first quarter of this year...I still feel in my heart there might be some kind of change to the exchange rate the first quarter of this year. It's not going to be anything major but it is going to be an increase.
2-19-2024 Newshound Guru Militia Man Article quote "...Iraq will return to being a strong economic player." If they're not a strong economic player at 1310 why would they be tomorrow? ...Iraq's not going to go international until they show us a Real Effective Exchange Rate. I'm looking forward to it. I think it's going to be powerful.
2-19-2024 Intel Guru Frank26 If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you'll be able to see the safety features. The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers. The state of the art technology of security for toilet paper value? No, that alone is an important aspect for you to understand...
2-19-2024 Intel Guru MarkZ [via PDK] Comment: we're hearing we must have receipts on the currency. MarkZ: I was told since it has gone on for so long….they are not needing receipts to exchange unless you have an enormous amount of currency. If you have large, obscene amounts like $100 million in dinar or something like that…it would be best if you have receipts….
2-18-2024 Intel Guru Frank26 When this blessing occurs, where do you go? Do you go to a bank? Do you go to an American Bank? Should you go to Iraq and use an Iraqi bank? Can I use the kiosk at an airport? Can I use a credit union? You want to use a large bank. You want to use a bank that would help you with your wealth and management. Don't go to a mom and pop place...We have a bank of interest - [Chase Bank]. Many of you thought it was going to be Wells Fargo. It's highly possible Wells Fargo will still play a part...We should consider Chase. We should consider a big state bank...
2-18-2024 Intel Guru MarkZ [via PDK] We have had so many stories lately with banks….I am getting them constantly. And yes, they are expecting rate changes soon. It’s fun to be getting all these bank stories that we never got in the past.
2-18-2024 Newshound Guru Jeff Article: "The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March" ...The Central Bank of Iraq is preparing the regular banks of Iraq to start being prepared to be able to trade the dinar against foreign currencies...To trade the dinar against other foreign currencies the dinar itself must be tradable...The step of revaluing the currency is what makes it tradable against other currencies... Again, what they're telling you here is they're going to start preparing for this. They're not actually going to start doing it. They're preparing to do it March 1st...This is a step of them setting the stage before the big event.
2-18-2024 Newshound Guru Sandy Ingram [Comment in response to...how a small developing country increases it economic stability and the value of its currency] 'If this infrastructure happens, of course, it would be good for Iraq's economy and GDP. However, that does not translate to any RV or RI...It could strengthen the dinar, but the term "strengthen" does not mean higher rate like dinarland is hoping for. It simply means the economy is good and the currency is not weak...' SANDY: You are correct. We can only hope the currency increases in value against the US dollar...It's our hope the value will increase against the US dollar with or without an RV.
2-18-2024 Newshound Guru Militia Man [Mr. IT Guy Bank Story] My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back. MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.
2-18-2024 Intel Guru Frank26 The high quality sample sheets [of new lower note dinar samples] are for the employees but eventually when the CBI is ready then they will invite the Iraqi citizens to come to the banks through their apps on their phones...flyers...billboards...television...commercials to come in. 'We would like to introduce you to the new lower notes that we would like to be giving you.' They'll project these new 1, 5, 10, 20, 50, 100 on the Channel One Iraqi Financial News.
2-18-2024 Newshound Guru Clare Article: "Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Article quote: "...international studies estimate that the share of natural resources per square kilometer relative to the area of our country is the highest in the world.”
2-18-2024 Newshound Guru Pimpy The ISX is the primary stock exchange in Iraq...the redenomination of the Iraqi dinar will not directly impact the ISX or the stocks traded on it. Stock prices are determined by market forces such as supply and demand...If there's any kind of effect on the Iraqi Stock Exchange it would be that people might panic a little bit...The prices are all done in US dollars. It's not in Iraqi dinars...so redenomination is not going to have any effect the value of the stocks on the stock exchange. If they change the exchange rate against other foreign currencies it will affect the stock prices... [Post 2 of 2]
2-18-2024 Newshound Guru Pimpy A lot of you are asking me...how does the deletion of the zeros affect the stocks over there in Iraq...I know we were told that the deletion of the zeros comes off the exchange rate, which is wrong. It actually comes off of their currency, their bank notes. It's called a redenomination...Since 2013 they've been talking about the deletion of the zeros off the currency. They put the zeros on when inflation is really high...Now that their inflation has been kept in check for quite a while they're talking about removing the zeros off the currency. No where in there does it say the exchange rate. It says the change does not affect the currency's value against other currencies. Instead it simplifies transactions and improves the economy's overall efficiency. [Post 1 of 2....stay tuned]
2-18-2024 Newshound Guru Jeff Article: "The Prime Minister of Iraq receives a new invitation without an appointment to visit Washington" Sudani will be visiting Washington after they've revalued their currency to discuss getting their possessions back from the United States, such as all of their OPEC oil dollars...We have other collateral and assets on them, we need to give them back. That's the reason he'll be going to Washington after the rate has changed...
2-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani talked about going to Washington DC to meet and get all oil reserves and assets from oil held in U.S. Treasury. FRANK: Dang! Like they don't have enough money! Wow!
2-18-2024 Newshound/Intel Guru Mnt Goat Question: We all have like 25000 dinar notes after the 2 extra zeros are gone and we can go to FOREX will we have any problems cashing them in at the new FOREX rate after the month is over? Mnt Goat: So, there is no time period set for exchanging our dinars outside of Iraq. However, having said this, we must refer back to Dr Shabibi’s media news interview years ago when he said in about 10 years after the reinstatement the CBI would null and void these 3 zero (not 2 zero) notes that we hold...
2-18-2024 Intel Guru MarkZ [via PDK] Comment: We have no one in the UK to help us with our exchange. MarkZ: Your process will work almost identical to ours in the US. This whole process is international and will go around the world. I hear international banks will also issue contacts and numbers for you to exchange. More of your banks are already up to speed on handling foreign currencies than banks in the US. When it happens you will get notices as to which banks are handling redemptions. They are wanting your business
2-18-2024 Intel Guru MarkZ [via PDK] We have had so many stories lately with banks….I am getting them constantly. And yes, they are expecting rate changes soon. It’s fun to be getting all these bank stories that we never got in the past.
2-18-2024 Newshound Guru Jeff Article: "The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March" ...The Central Bank of Iraq is preparing the regular banks of Iraq to start being prepared to be able to trade the dinar against foreign currencies...To trade the dinar against other foreign currencies the dinar itself must be tradable...The step of revaluing the currency is what makes it tradable against other currencies... Again, what they're telling you here is they're going to start preparing for this. They're not actually going to start doing it. They're preparing to do it March 1st...This is a step of them setting the stage before the big event.
2-18-2024 Newshound Guru Sandy Ingram [Comment in response to...how a small developing country increases it economic stability and the value of its currency] 'If this infrastructure happens, of course, it would be good for Iraq's economy and GDP. However, that does not translate to any RV or RI...It could strengthen the dinar, but the term "strengthen" does not mean higher rate like dinarland is hoping for. It simply means the economy is good and the currency is not weak...' SANDY: You are correct. We can only hope the currency increases in value against the US dollar...It's our hope the value will increase against the US dollar with or without an RV.
2-18-2024 Newshound Guru Militia Man [Mr. IT Guy Bank Story] My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back. MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.
2-18-2024 Intel Guru Frank26 The high quality sample sheets [of new lower note dinar samples] are for the employees but eventually when the CBI is ready then they will invite the Iraqi citizens to come to the banks through their apps on their phones...flyers...billboards...television...commercials to come in. 'We would like to introduce you to the new lower notes that we would like to be giving you.' They'll project these new 1, 5, 10, 20, 50, 100 on the Channel One Iraqi Financial News.
2-18-2024 Newshound Guru Clare Article: "Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Article quote: "...international studies estimate that the share of natural resources per square kilometer relative to the area of our country is the highest in the world.”
2-18-2024 Newshound Guru Pimpy The ISX is the primary stock exchange in Iraq...the redenomination of the Iraqi dinar will not directly impact the ISX or the stocks traded on it. Stock prices are determined by market forces such as supply and demand...If there's any kind of effect on the Iraqi Stock Exchange it would be that people might panic a little bit...The prices are all done in US dollars. It's not in Iraqi dinars...so redenomination is not going to have any effect the value of the stocks on the stock exchange. If they change the exchange rate against other foreign currencies it will affect the stock prices... [Post 2 of 2]
2-18-2024 Newshound Guru Pimpy A lot of you are asking me...how does the deletion of the zeros affect the stocks over there in Iraq...I know we were told that the deletion of the zeros comes off the exchange rate, which is wrong. It actually comes off of their currency, their bank notes. It's called a redenomination...Since 2013 they've been talking about the deletion of the zeros off the currency. They put the zeros on when inflation is really high...Now that their inflation has been kept in check for quite a while they're talking about removing the zeros off the currency. No where in there does it say the exchange rate. It says the change does not affect the currency's value against other currencies. Instead it simplifies transactions and improves the economy's overall efficiency. [Post 1 of 2....stay tuned]
2-18-2024 Newshound Guru Jeff Article: "The Prime Minister of Iraq receives a new invitation without an appointment to visit Washington" Sudani will be visiting Washington after they've revalued their currency to discuss getting their possessions back from the United States, such as all of their OPEC oil dollars...We have other collateral and assets on them, we need to give them back. That's the reason he'll be going to Washington after the rate has changed...
2-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani talked about going to Washington DC to meet and get all oil reserves and assets from oil held in U.S. Treasury. FRANK: Dang! Like they don't have enough money! Wow!
2-18-2024 Newshound/Intel Guru Mnt Goat Question: We all have like 25000 dinar notes after the 2 extra zeros are gone and we can go to FOREX will we have any problems cashing them in at the new FOREX rate after the month is over? Mnt Goat: So, there is no time period set for exchanging our dinars outside of Iraq. However, having said this, we must refer back to Dr Shabibi’s media news interview years ago when he said in about 10 years after the reinstatement the CBI would null and void these 3 zero (not 2 zero) notes that we hold...
2-18-2024 Intel Guru MarkZ [via PDK] Comment: We have no one in the UK to help us with our exchange. MarkZ: Your process will work almost identical to ours in the US. This whole process is international and will go around the world. I hear international banks will also issue contacts and numbers for you to exchange. More of your banks are already up to speed on handling foreign currencies than banks in the US. When it happens you will get notices as to which banks are handling redemptions. They are wanting your business
2-17-2024 Newshound Guru Pimpy Is it possible Jamie Dimon sent out a memo explaining to people that this is going to be happening soon? Yeah, that's possible but I would love to see that email. I think it sounds like B.S. to me.
2-17-2024 Intel Guru Frank26 The process for you to exchange your currency...when you decide it's time...you're going to go to Chase. You can go to other banks, nothing wrong with that...but I would suggest you go to Chase...What is the Chief Executive Officer of Chase doing in Iraq right now? Opening 10 Chase banks...I don't believe in coincidence...I encourage you to consider Chase because they're going to be able to connect you with IMO one of the most powerful ways to diversify your money. Yeah, JP Morgan.
2-17-2024 Newshound Guru Militia Man [Mr. IT Guy Bank Story Continued...] As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash... MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff. [Post 2 of 2]
2-17-2024 Newshound Guru Militia Man [Mr. IT Guy Bank Story] My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency. The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue... [Post 1 of 2]
2-17-2024 Intel Guru MarkZ [via PDK] Not a lot of RV news but there is tremendous pressure from Sudani to remove all US presence is Iraq. Both Financial restrictions and the military. Article: “Sudani urges ending foreign forces presence in Iraq“ Not just military but it is time for Iraq to be autonomous and sovereign so they want the removal of US forces and also financially. They want the US military to leave immediately because of their destabilizing affect and to reorganize the US-Iraq relationship financially. There has been a number of articles this week where they are pushing to remove US tentacles from their financial world as well. This is big.
2-17-2024 Newshound/Intel Guru Fnu Lnu Seek the expertise of an Asset Protection Specialist...Hiring a Team: Tax Professional, Wealth Manager, Attorneys, etc...is a waste of money and time. Hiring an Asset Protection Specialist is the best way to prevent lawsuits, mitigate and manage taxes, and estate planning. "Hiring A Team" is like hiring a pack of wolves to guard your hen-house. [NOTE: Speak to many different financial experts to find the right expert for your unique situation.]
2-17-2024 Newshound Guru Jeff Everything's happening exactly when it's happening for a very specific reason...Iraq is bringing some very critical steps forward specifically within the month of March... Article "The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March" March was not chosen coincidentally...Kuwait and Iraq have the same budget period which is April 1st...
2-17-2024 Newshound Guru Pimpy Question: "If you take your 25000 dinar note and get 500 dinar note...would it protect against the lopping off the three zeros...?" No...If they're going to LOP the zeros off the currency that means they're going to have new bills. So even if you did get 500...they're still going to be new looking 500 dinars.
2-17-2024 Newshound/Intel Guru BGG Article: "Law: The region requests American support to secede from Iraq" Of course they want America out, in this circumstance and narrow window, we are the ones holding back the SOL (State of Law – aka Maliki’s former Iranian backed henchmen) from continuing to loot the wealth of Iraq.
2-17-2024 Intel Guru Frank26 It's no longer a rumor that Iraq is entering the World Trade Organization. Vietnam is part of the World Trade Organization. Their currency is worthless. Does that mean the Iraqi dinar that is worthless can join the WTO? Yeah. Does that mean the Iraqi dinar is going to stay worthless? No...The whole world and the United States Treasury worked with the CBI...
2-17-2024 Newshound/Intel Guru Mnt Goat "...it was decided to transfer all financial transactions electronically through the (POS) point of sale system in traffic departments in Baghdad and all governorates instead of cash dealing.” ...it is a borderline “WOW!” article for us today as Dinar investors. ...electronic banking and POS has been on the radar and will continue to be pivotal in the monetary reform process.... It is a very good step, a sign in the right direction and may help take the demand off the dollars thus reducing the rate in the black market for the dollar.
2-17-2024 Intel Guru MarkZ [via PDK] Comment: Well this is a 3 day weekend…Monday is Presidents day…fingers crossed. MarkZ: We don’t know the timing but, this weekend would sure be a great opportunity. ...It is fairly quiet in Iraq today But there is a lot of anticipation for this weekend. We will see what happens.
2-17-2024 Intel Guru Frank26 The process for you to exchange your currency...when you decide it's time...you're going to go to Chase. You can go to other banks, nothing wrong with that...but I would suggest you go to Chase...What is the Chief Executive Officer of Chase doing in Iraq right now? Opening 10 Chase banks...I don't believe in coincidence...I encourage you to consider Chase because they're going to be able to connect you with IMO one of the most powerful ways to diversify your money. Yeah, JP Morgan.
2-17-2024 Newshound Guru Militia Man [Mr. IT Guy Bank Story Continued...] As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash... MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff. [Post 2 of 2]
2-17-2024 Newshound Guru Militia Man [Mr. IT Guy Bank Story] My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency. The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue... [Post 1 of 2]
2-17-2024 Intel Guru MarkZ [via PDK] Not a lot of RV news but there is tremendous pressure from Sudani to remove all US presence is Iraq. Both Financial restrictions and the military. Article: “Sudani urges ending foreign forces presence in Iraq“ Not just military but it is time for Iraq to be autonomous and sovereign so they want the removal of US forces and also financially. They want the US military to leave immediately because of their destabilizing affect and to reorganize the US-Iraq relationship financially. There has been a number of articles this week where they are pushing to remove US tentacles from their financial world as well. This is big.
2-17-2024 Newshound/Intel Guru Fnu Lnu Seek the expertise of an Asset Protection Specialist...Hiring a Team: Tax Professional, Wealth Manager, Attorneys, etc...is a waste of money and time. Hiring an Asset Protection Specialist is the best way to prevent lawsuits, mitigate and manage taxes, and estate planning. "Hiring A Team" is like hiring a pack of wolves to guard your hen-house. [NOTE: Speak to many different financial experts to find the right expert for your unique situation.]
2-17-2024 Newshound Guru Jeff Everything's happening exactly when it's happening for a very specific reason...Iraq is bringing some very critical steps forward specifically within the month of March... Article "The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March" March was not chosen coincidentally...Kuwait and Iraq have the same budget period which is April 1st...
2-17-2024 Newshound Guru Pimpy Question: "If you take your 25000 dinar note and get 500 dinar note...would it protect against the lopping off the three zeros...?" No...If they're going to LOP the zeros off the currency that means they're going to have new bills. So even if you did get 500...they're still going to be new looking 500 dinars.
2-17-2024 Newshound/Intel Guru BGG Article: "Law: The region requests American support to secede from Iraq" Of course they want America out, in this circumstance and narrow window, we are the ones holding back the SOL (State of Law – aka Maliki’s former Iranian backed henchmen) from continuing to loot the wealth of Iraq.
2-17-2024 Intel Guru Frank26 It's no longer a rumor that Iraq is entering the World Trade Organization. Vietnam is part of the World Trade Organization. Their currency is worthless. Does that mean the Iraqi dinar that is worthless can join the WTO? Yeah. Does that mean the Iraqi dinar is going to stay worthless? No...The whole world and the United States Treasury worked with the CBI...
2-17-2024 Newshound/Intel Guru Mnt Goat "...it was decided to transfer all financial transactions electronically through the (POS) point of sale system in traffic departments in Baghdad and all governorates instead of cash dealing.” ...it is a borderline “WOW!” article for us today as Dinar investors. ...electronic banking and POS has been on the radar and will continue to be pivotal in the monetary reform process.... It is a very good step, a sign in the right direction and may help take the demand off the dollars thus reducing the rate in the black market for the dollar.
2-17-2024 Intel Guru MarkZ [via PDK] Comment: Well this is a 3 day weekend…Monday is Presidents day…fingers crossed. MarkZ: We don’t know the timing but, this weekend would sure be a great opportunity. ...It is fairly quiet in Iraq today But there is a lot of anticipation for this weekend. We will see what happens.
2-16-2024 Newshound Guru Pimpy If you are a newbie to this...you're going to go bank-to-bank and talk to the tellers. Of course they have no idea what you're talking about because they don't deal with foreign currencies. They don't know anything about the Iraqi dinar. They don't know anything about any other currencies unless they deal with specifically exchanging your foreign currency. That shouldn't be surprising to anybody.
2-16-2024 Newshound Guru Militia Man Article: "Minister of Commerce: International welcome and desire to increase investments in Iraq" Article quote: "the meeting came out with many decision that were approved including ... welcoming Iraq's accession to the World Trade Organization." That's awesome...Are we waiting for a major announcement? Remember Salih said there was going to be a major announcement and we haven't heard it yet. This right here is that this major announcement? I don't think so. It's almost like leakage...
2-16-2024 Intel Guru MarkZ [via PDK] I continue to get phenomenal news and am trying hard not to be excited in case this is not “it” yet. But, if they are accurate then things are very much underway and we will see the fruition of it in the next 4-5 days. I hope it is accurate but I want you to stay calm and grounded right now. But things are coming together in a positive way...The news is over the top good…I’ve never heard it from this many sources before and I have not had this many people that I know in real life go quiet with NDA’s. This is unprecedented for me. I guess this is one reason that I am “calmly excited”
2-16-2024 Intel Guru Frank26 What they are giving the banks we're calling them specimen sheets. The specimen sheets are of high quality...If I was the CBI I would be giving all my banks inside of Iraq specimen sheets of high quality - samples of the lower notes that I'm about to give to the citizens of Iraq...If I was the CBI I would not have these specimen sheets for the citizens... They'd be using them, the bank employees, to learn about the new lower notes and to learn about the security features...These HIGH quality sample sheets are only for the bank employees...
2-16-2024 Intel Guru Bruce [via WiserNow] ...According to one of our strong sources...we're at the position where we could get notified...Friday or Saturday with our notifications and hopefully start by Saturday for exchanges ...we should be able to get started, hopefully within the next couple of days.
2-16-2024 Newshound Guru Pimpy Everybody is getting hyped up about Jamie Dimon and JP Morgan being over there in Iraq...It's not that big of a deal. It isn't...
2-16-2024 Newshound Guru Sandy Ingram Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy. This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico...This is one of the major paths that can lead to a higher GDP and a higher value in the currency. The project is set to start in early 2025.
2-16-2024 Newshound Guru Fnu Lnu You are in charge of how you wish to pay your taxes. They will either be a 988 tax regimen or a Capitol Gains regimen. It is your decision. There are positives and negatives to each and you must choose what works for you in your situation and how much currency you have to exchange. [NOTE: Always consult your tax professional at the appropriate time to determine the right tax for your unique situation.]
2-16-2024 Intel Guru MarkZ [via PDK] ...the fundamentals are screaming…from the projects they are doing to the international banking Iraq is setting up- to the rhetoric coming out about removing the US (puppet) strings…and one of those strings has been keeping the currency suppressed…It is all coming together. We just need it to finish.
2-16-2024 Newshound Guru Pimpy When you take the three zeros off the 25000 dinar you only have a 25 dinar. It give the impression of a stronger currency because it doesn't look like an over inflated currency. It didn't say it's going to be stronger. It says...Deletion of the zeros is to give the impression of a much stronger currency. It gives people confidence...If they do that before they change the exchange rate we are ass out. We need to figure out how to swap our currency for the new currency...What did I say we wanted to avoid? A redenomination until we see it go up in increments..Now all of a sudden they're talking about forcing Iraqi people to bring inter dinar by redenomination. Man, this is looking bad.
2-16-2024 Newshound Guru Militia Man An expert...talking about the best way for electronic payments to be successful for the central bank... Article quote: "to carry out the process of deleting the three zeros from the currency. Printing new currencies and announcing a period of 1 month for citizens to exchange all their money with the new edition which will give an impression of the strength of the dinar against the dollar and the rest of the currencies."
2-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Al Suandi is on TV news Channel One saying the best and the only way to improve the electronic payment system is the CBI should remove the three zeros, print the new currency and give us a one month period to exchange our currency. This will show the power of the dinar over the dollar...He also said this will get rid of citizen holding cash and any smugglers and money laundering. FRANK: ...That's what they're about to introduce to you, your new exchange rate to match your lower notes...the lower notes will only work with a new exchange rate. I can't believe they keep saying this to you constantly every day...You are within arms reach...One month...I believe they'll give you longer than that. Outside with us it should also be a longer time to exchange...
2-16-2024 Newshound/Intel Guru Mnt Goat We are still waiting for the CBI’s measures to take hold to control the parallel market rate and then so they can go ahead and raise the program rate one more time, as I am told by my CBI contact is still going to happen...we must just sit tight and let them work through these issues of the parallel rate. The CBI will get it under control. As you know Iraq doesn’t work like Speedy Gonzalas...
2-16-2024 Newshound Guru tishwash Article: "An international desire to invest in Iraq and three countries hold meetings in this regard" Article Quote: "The meeting came out with many decisions that were approved, including enhancing intra-trade, liberalizing trade in goods, and welcoming Iraq’s accession to the World Trade Organization."
2-16-2024 Intel Guru MarkZ [via PDK] Question: Any chatter from RV centers...? MarkZ: I know my RV center folks are planning to be on call this weekend.
2-16-2024 Newshound Guru Militia Man Article: "Minister of Commerce: International welcome and desire to increase investments in Iraq" Article quote: "the meeting came out with many decision that were approved including ... welcoming Iraq's accession to the World Trade Organization." That's awesome...Are we waiting for a major announcement? Remember Salih said there was going to be a major announcement and we haven't heard it yet. This right here is that this major announcement? I don't think so. It's almost like leakage...
2-16-2024 Intel Guru MarkZ [via PDK] I continue to get phenomenal news and am trying hard not to be excited in case this is not “it” yet. But, if they are accurate then things are very much underway and we will see the fruition of it in the next 4-5 days. I hope it is accurate but I want you to stay calm and grounded right now. But things are coming together in a positive way...The news is over the top good…I’ve never heard it from this many sources before and I have not had this many people that I know in real life go quiet with NDA’s. This is unprecedented for me. I guess this is one reason that I am “calmly excited”
2-16-2024 Intel Guru Frank26 What they are giving the banks we're calling them specimen sheets. The specimen sheets are of high quality...If I was the CBI I would be giving all my banks inside of Iraq specimen sheets of high quality - samples of the lower notes that I'm about to give to the citizens of Iraq...If I was the CBI I would not have these specimen sheets for the citizens... They'd be using them, the bank employees, to learn about the new lower notes and to learn about the security features...These HIGH quality sample sheets are only for the bank employees...
2-16-2024 Intel Guru Bruce [via WiserNow] ...According to one of our strong sources...we're at the position where we could get notified...Friday or Saturday with our notifications and hopefully start by Saturday for exchanges ...we should be able to get started, hopefully within the next couple of days.
2-16-2024 Newshound Guru Pimpy Everybody is getting hyped up about Jamie Dimon and JP Morgan being over there in Iraq...It's not that big of a deal. It isn't...
2-16-2024 Newshound Guru Sandy Ingram Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy. This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico...This is one of the major paths that can lead to a higher GDP and a higher value in the currency. The project is set to start in early 2025.
2-16-2024 Newshound Guru Fnu Lnu You are in charge of how you wish to pay your taxes. They will either be a 988 tax regimen or a Capitol Gains regimen. It is your decision. There are positives and negatives to each and you must choose what works for you in your situation and how much currency you have to exchange. [NOTE: Always consult your tax professional at the appropriate time to determine the right tax for your unique situation.]
2-16-2024 Intel Guru MarkZ [via PDK] ...the fundamentals are screaming…from the projects they are doing to the international banking Iraq is setting up- to the rhetoric coming out about removing the US (puppet) strings…and one of those strings has been keeping the currency suppressed…It is all coming together. We just need it to finish.
2-16-2024 Newshound Guru Pimpy When you take the three zeros off the 25000 dinar you only have a 25 dinar. It give the impression of a stronger currency because it doesn't look like an over inflated currency. It didn't say it's going to be stronger. It says...Deletion of the zeros is to give the impression of a much stronger currency. It gives people confidence...If they do that before they change the exchange rate we are ass out. We need to figure out how to swap our currency for the new currency...What did I say we wanted to avoid? A redenomination until we see it go up in increments..Now all of a sudden they're talking about forcing Iraqi people to bring inter dinar by redenomination. Man, this is looking bad.
2-16-2024 Newshound Guru Militia Man An expert...talking about the best way for electronic payments to be successful for the central bank... Article quote: "to carry out the process of deleting the three zeros from the currency. Printing new currencies and announcing a period of 1 month for citizens to exchange all their money with the new edition which will give an impression of the strength of the dinar against the dollar and the rest of the currencies."
2-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Al Suandi is on TV news Channel One saying the best and the only way to improve the electronic payment system is the CBI should remove the three zeros, print the new currency and give us a one month period to exchange our currency. This will show the power of the dinar over the dollar...He also said this will get rid of citizen holding cash and any smugglers and money laundering. FRANK: ...That's what they're about to introduce to you, your new exchange rate to match your lower notes...the lower notes will only work with a new exchange rate. I can't believe they keep saying this to you constantly every day...You are within arms reach...One month...I believe they'll give you longer than that. Outside with us it should also be a longer time to exchange...
2-16-2024 Newshound/Intel Guru Mnt Goat We are still waiting for the CBI’s measures to take hold to control the parallel market rate and then so they can go ahead and raise the program rate one more time, as I am told by my CBI contact is still going to happen...we must just sit tight and let them work through these issues of the parallel rate. The CBI will get it under control. As you know Iraq doesn’t work like Speedy Gonzalas...
2-16-2024 Newshound Guru tishwash Article: "An international desire to invest in Iraq and three countries hold meetings in this regard" Article Quote: "The meeting came out with many decisions that were approved, including enhancing intra-trade, liberalizing trade in goods, and welcoming Iraq’s accession to the World Trade Organization."
2-16-2024 Intel Guru MarkZ [via PDK] Question: Any chatter from RV centers...? MarkZ: I know my RV center folks are planning to be on call this weekend.
2-15-2024 Newshound Guru Clare Article: "Parliamentary Economy: Banned banks constitute 50% of private banks in Iraq"
2-15-2024 Intel Guru Frank26 Question: "Do we have to have our currency for over a year? For tax purposes, yeah. If you have your currency for at least one year you're in the about 20% tax bracket. If you have had it for less than one year and you exchange it you're in about the 40%. If you have had it for one year and you don't have a receipt, you're in the 40%. If you've had it for one year and you got a receipt you're in the 20%. [NOTE: Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all. The only opinion that matters is the IRS's - Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]
2-15-2024 Intel Guru MarkZ [via PDK] From Iraq: “An economist warns of the US Treasuries policy with Iraq” These sanctions are affecting the value of the dinar which would be higher if it were not for the US games with banking…and people are upset...They want them out. There is tremendous pressure right now to get the US out of Iraq.
2-15-2024 Newshound Guru Pimpy Sanctions on banks, that's not good. That's the thing about the new reform to the banking system...they're able to track what people are doing... Article quote: "...The US Treasury Department will include new Iraqi banks on the sanctions list unless the Central Bank of Iraq finds solutions to them...most of the banks transferred large amounts of dollars to Iraqi and the Iranian Revolutionary Guard..." ...You think Iraq is going to be able to increase their exchange rate if they can't stop the US dollar from being sent over to Iran...? More sanctions on Iraq is only going to hurt them so it's going to get worse before it gets better...
2-15-2024 Newshound Guru Breitling The reality is these guys [Iraq] have more customers, they're selling it at more per barrel but somehow they have to make sure they're using their sovereign policy for their currency - Their sovereignty monetary policy. That's what it's all about. If you can believe that, then invest in the Iraqi dinar. If you don't believe that then buzz off. It's that simple.
2-15-2024 Newshound/Intel Guru Walkingstick The Government of Iraq is soon to receive the funding for everything that is waiting for a new international exchange rate, for everything the world is waiting for, for what you're waiting for, for what the Iraqi citizens are desperately in need of.
2-15-2024 Newshound Guru Clare Article: "Parliament hosts the governor and officials of the Central Bank regarding sanctions on Iraqi banks"
2-15-2024 Intel Guru MarkZ [via PDK] ”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March” When they say “Next March” They mean this March of 2024. What does this mean? This is all about foreign currencies and International Acceptance! We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.
2-15-2024 Intel Guru Frank26 The CBI is not calling them 'lower denoms', they are calling them 'Lower notes'. They also explain the need for fractional banking through the coins they will be giving them. They are not using the word fractional banking with the citizens but they are telling them they will be able to get change so they will not lose money.
2-15-2024 Newshound Guru Pimpy Ms Plasschaert [UN special envoy for Iraq], she's another subject of rumors that are going around the dinar community - that she's getting ready to step down...because she's no longer needed because they're about to change the exchange rate and the sanctions are getting ready to be lifted off. That's not the case. That's also false.
2-15-2024 Newshound Guru Militia Man Iraq does not have fils. They're going to be talking about fils because why? Because...Al-Sudani has stated the dinar is stronger than the dollar. They're going to need to be able to make change...When they bring this up with Iraq's situation I think they're doing it in a manner that suggests the region can support Iraq having a strong currency stronger than the dollar... [Post 2 of 2]
2-15-2024 Newshound Guru Militia Man Iraq is a border country with Kuwait. Iraq is considerably larger than Kuwait...They have massive amount of oil...liquid natural gas...gold...some of the biggest mineral deposits in the world that Kuwait does not have. You have to ask, why did they bring this up? - Article quote: "The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024 while the US dollar came in last place on the list of 10 strongest global currencies ...the dinar of the Gulf State is divided into 1,000 smaller units known as fils." [Post 1 of 2...stay tuned]
2-15-2024 Intel Guru MarkZ [via PDK] Comment: I hear they are moving forward wihin 10 days. MarkZ: I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.
2-15-2024 Intel Guru Frank26 Question: "Do we have to have our currency for over a year? For tax purposes, yeah. If you have your currency for at least one year you're in the about 20% tax bracket. If you have had it for less than one year and you exchange it you're in about the 40%. If you have had it for one year and you don't have a receipt, you're in the 40%. If you've had it for one year and you got a receipt you're in the 20%. [NOTE: Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all. The only opinion that matters is the IRS's - Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]
2-15-2024 Intel Guru MarkZ [via PDK] From Iraq: “An economist warns of the US Treasuries policy with Iraq” These sanctions are affecting the value of the dinar which would be higher if it were not for the US games with banking…and people are upset...They want them out. There is tremendous pressure right now to get the US out of Iraq.
2-15-2024 Newshound Guru Pimpy Sanctions on banks, that's not good. That's the thing about the new reform to the banking system...they're able to track what people are doing... Article quote: "...The US Treasury Department will include new Iraqi banks on the sanctions list unless the Central Bank of Iraq finds solutions to them...most of the banks transferred large amounts of dollars to Iraqi and the Iranian Revolutionary Guard..." ...You think Iraq is going to be able to increase their exchange rate if they can't stop the US dollar from being sent over to Iran...? More sanctions on Iraq is only going to hurt them so it's going to get worse before it gets better...
2-15-2024 Newshound Guru Breitling The reality is these guys [Iraq] have more customers, they're selling it at more per barrel but somehow they have to make sure they're using their sovereign policy for their currency - Their sovereignty monetary policy. That's what it's all about. If you can believe that, then invest in the Iraqi dinar. If you don't believe that then buzz off. It's that simple.
2-15-2024 Newshound/Intel Guru Walkingstick The Government of Iraq is soon to receive the funding for everything that is waiting for a new international exchange rate, for everything the world is waiting for, for what you're waiting for, for what the Iraqi citizens are desperately in need of.
2-15-2024 Newshound Guru Clare Article: "Parliament hosts the governor and officials of the Central Bank regarding sanctions on Iraqi banks"
2-15-2024 Intel Guru MarkZ [via PDK] ”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March” When they say “Next March” They mean this March of 2024. What does this mean? This is all about foreign currencies and International Acceptance! We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.
2-15-2024 Intel Guru Frank26 The CBI is not calling them 'lower denoms', they are calling them 'Lower notes'. They also explain the need for fractional banking through the coins they will be giving them. They are not using the word fractional banking with the citizens but they are telling them they will be able to get change so they will not lose money.
2-15-2024 Newshound Guru Pimpy Ms Plasschaert [UN special envoy for Iraq], she's another subject of rumors that are going around the dinar community - that she's getting ready to step down...because she's no longer needed because they're about to change the exchange rate and the sanctions are getting ready to be lifted off. That's not the case. That's also false.
2-15-2024 Newshound Guru Militia Man Iraq does not have fils. They're going to be talking about fils because why? Because...Al-Sudani has stated the dinar is stronger than the dollar. They're going to need to be able to make change...When they bring this up with Iraq's situation I think they're doing it in a manner that suggests the region can support Iraq having a strong currency stronger than the dollar... [Post 2 of 2]
2-15-2024 Newshound Guru Militia Man Iraq is a border country with Kuwait. Iraq is considerably larger than Kuwait...They have massive amount of oil...liquid natural gas...gold...some of the biggest mineral deposits in the world that Kuwait does not have. You have to ask, why did they bring this up? - Article quote: "The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024 while the US dollar came in last place on the list of 10 strongest global currencies ...the dinar of the Gulf State is divided into 1,000 smaller units known as fils." [Post 1 of 2...stay tuned]
2-15-2024 Intel Guru MarkZ [via PDK] Comment: I hear they are moving forward wihin 10 days. MarkZ: I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.
2-14-2024 Newshound Guru Pimpy Question "Just be blunt...Make it simple. If someone holds a million dinars what is the most one can get from this amount over the next several years?" I've been blunt about this...It depends on how long you hold it. Let's say it starts to go up in increments like I think it's going to happen, you have to look at your 1 million dinar and think to yourself, 'Am I going to be happy with the current exchange rate.' It really depends on when it gets to a rate that you like. As long as they can stay out of conflict, continue moving forward like they have with reform, getting back in the World Trade Organization, showing back up on Forex, these things are very important on give value to the Iraqi dinar.
2-14-2024 Newshound Guru Militia Man Iraq has done the things they needed to do to be Article VIII compliant. They're going to stop the dollar auctions. They're going to have freedom of capital movement...That's going to create investor confidence. And that investor confidence is going to come from the investment law, freedom of capital movement.
2-14-2024 Intel Guru Frank26 I don't plan to go to a bank. Can you imagine? ...I got 10 million dinars, here...Personally I don't plan to go into a bank to exchange my currency. I will have a team...I'm going to have my lawyer get a hold of the bank and say, 'I represent Mr. [Frank26] and Mrs. [Frank26] and they want to make an appointment for you to come to their house and collect a large amount of foreign currency...My lawyer will already know exactly what the bank is going to offer me...The less contact I have with the bank the better...If you have a small amount then you're going probably go into the bank...
2-14-2024 Newshound Guru Kaperoni If Iraq and the dinar is ever going to rise in value it will be based on Iraq's own economic success and growth of their economy, GDP. Only then can Iraq float the dinar to allow the world to determine its value based on supply and demand.
2-14-2024 Newshound Guru Fnu Lnu International attorneys told me...there would be ten off premises exchange locations allocated by regional population throughout the Nation. I am assuming they are using the 10 United Nations Regions, roughly the same as Federal Regions...I was told...there would be an exchange facility in the most heavily populated city in that region. For instance, Region ten encompasses Washington State and Seattle would be the location for that region...Also, by Off Premises, I mean locations that were NOT inside banks but usually nearby to a participating bank...These are what the unlearned are calling Redemption Centers.
2-14-2024 Newshound Guru Clare Article: "Economist: The window for selling the currency ends in 2024, and the central bank will devote itself to supervision" Quote: "The Central Bank of Iraq decided to end the currency window process and adopt correspondent banks as an alternative. There will be a new mechanism to provide currency for transfers without returning to the currency window or the electronic platform."
2-14-2024 Intel Guru MarkZ [via PDK] Out of Iraq: “Finance Committee sets date for 2024 budget tables to reach Parliament” This includes the HCL and funding for regional governments. This is moving forward within 10 days and could be a key piece we are looking for.
2-14-2024 Newshound Guru Pimpy Don't forget Iraq is on self-imposed sanctions. Until they are cleared and there's no more restrictions over here [In the US] it's not gong to be that easy for you to find a place to exchange your currency. I'm not saying it's impossible...I reported Chase bank...was one of the banks you can go to...It's not going to be some fancy rate. It's going to be at whatever the current rate is at the time...
2-14-2024 Newshound Guru Militia Man When have we seen banks openly talking and expressing, 'We know this is happening. We're talking about it.' Oh, yeah, things are going in our direction!
2-14-2024 Intel Guru Frank26 New notes, not the 3 zero notes, the new notes - 1, 5, 10, 20, 50 and 100, IMO soon the banks of Iraq will have what I call specimens sheets. The thing about these specimen or sample sheets, whatever you want to call them, are high quality samples. Once the banks explain it to their employees then it's time to show the Iraqi citizens. Not the high quality samples that belong to the banks, but pictures of the...notes and coins. IMO Iraq Channel One will soon be showing the citizens of Iraq the new lower notes...
2-14-2024 Newshound/Intel Guru Mnt Goat We are now looking for this rate change as the CBIs’ next move. Yes, this will be their next move. NO! There is not going to be any Reinstatement until this part of the plan is completed ...The good news is that this final rate change must be getting close at hand as my CBI contact informed us last week...that someone on the committee team was tasked to supply the IT people with a good set of pictures of the lower denominations along with the coins and a written explanation of how the conversion would work from the three zero notes...keep that champagne ready! [Post 2 of 2]
2-14-2024 Newshound/Intel Guru Mnt Goat I can tell you there is only going to be one more final adjustment to the IQD rate inside the country of Iraq from the 1320 close to 1000 or less (1 dinar = 1 USD) (must be just over $1). At this time, the CBI will kick off the Project to Delete the Zeros. Did this happen yet? NO! It has not but we can see that the official rate is fluctuating from the 1320 as high as 1310 and 1300 some days. This is all good news... this rate will be temporary rate just until the new reinstated rate shows up on FOREX. [Post 1 of 2....stay tuned]
2-14-2024 Intel Guru MarkZ [via PDK] Once again I am going to report we are being leaned on to not talk about redemption stuff...Especially from banks who we expect to handle transactions and redemptions...They said they really need everyone to stay quiet right now. There is a whole lot I would like to say but right now it would be ill-advised. Just know that I am very happy and content about timing…and yes I think it is soon.
2-14-2024 Newshound Guru Militia Man Iraq has done the things they needed to do to be Article VIII compliant. They're going to stop the dollar auctions. They're going to have freedom of capital movement...That's going to create investor confidence. And that investor confidence is going to come from the investment law, freedom of capital movement.
2-14-2024 Intel Guru Frank26 I don't plan to go to a bank. Can you imagine? ...I got 10 million dinars, here...Personally I don't plan to go into a bank to exchange my currency. I will have a team...I'm going to have my lawyer get a hold of the bank and say, 'I represent Mr. [Frank26] and Mrs. [Frank26] and they want to make an appointment for you to come to their house and collect a large amount of foreign currency...My lawyer will already know exactly what the bank is going to offer me...The less contact I have with the bank the better...If you have a small amount then you're going probably go into the bank...
2-14-2024 Newshound Guru Kaperoni If Iraq and the dinar is ever going to rise in value it will be based on Iraq's own economic success and growth of their economy, GDP. Only then can Iraq float the dinar to allow the world to determine its value based on supply and demand.
2-14-2024 Newshound Guru Fnu Lnu International attorneys told me...there would be ten off premises exchange locations allocated by regional population throughout the Nation. I am assuming they are using the 10 United Nations Regions, roughly the same as Federal Regions...I was told...there would be an exchange facility in the most heavily populated city in that region. For instance, Region ten encompasses Washington State and Seattle would be the location for that region...Also, by Off Premises, I mean locations that were NOT inside banks but usually nearby to a participating bank...These are what the unlearned are calling Redemption Centers.
2-14-2024 Newshound Guru Clare Article: "Economist: The window for selling the currency ends in 2024, and the central bank will devote itself to supervision" Quote: "The Central Bank of Iraq decided to end the currency window process and adopt correspondent banks as an alternative. There will be a new mechanism to provide currency for transfers without returning to the currency window or the electronic platform."
2-14-2024 Intel Guru MarkZ [via PDK] Out of Iraq: “Finance Committee sets date for 2024 budget tables to reach Parliament” This includes the HCL and funding for regional governments. This is moving forward within 10 days and could be a key piece we are looking for.
2-14-2024 Newshound Guru Pimpy Don't forget Iraq is on self-imposed sanctions. Until they are cleared and there's no more restrictions over here [In the US] it's not gong to be that easy for you to find a place to exchange your currency. I'm not saying it's impossible...I reported Chase bank...was one of the banks you can go to...It's not going to be some fancy rate. It's going to be at whatever the current rate is at the time...
2-14-2024 Newshound Guru Militia Man When have we seen banks openly talking and expressing, 'We know this is happening. We're talking about it.' Oh, yeah, things are going in our direction!
2-14-2024 Intel Guru Frank26 New notes, not the 3 zero notes, the new notes - 1, 5, 10, 20, 50 and 100, IMO soon the banks of Iraq will have what I call specimens sheets. The thing about these specimen or sample sheets, whatever you want to call them, are high quality samples. Once the banks explain it to their employees then it's time to show the Iraqi citizens. Not the high quality samples that belong to the banks, but pictures of the...notes and coins. IMO Iraq Channel One will soon be showing the citizens of Iraq the new lower notes...
2-14-2024 Newshound/Intel Guru Mnt Goat We are now looking for this rate change as the CBIs’ next move. Yes, this will be their next move. NO! There is not going to be any Reinstatement until this part of the plan is completed ...The good news is that this final rate change must be getting close at hand as my CBI contact informed us last week...that someone on the committee team was tasked to supply the IT people with a good set of pictures of the lower denominations along with the coins and a written explanation of how the conversion would work from the three zero notes...keep that champagne ready! [Post 2 of 2]
2-14-2024 Newshound/Intel Guru Mnt Goat I can tell you there is only going to be one more final adjustment to the IQD rate inside the country of Iraq from the 1320 close to 1000 or less (1 dinar = 1 USD) (must be just over $1). At this time, the CBI will kick off the Project to Delete the Zeros. Did this happen yet? NO! It has not but we can see that the official rate is fluctuating from the 1320 as high as 1310 and 1300 some days. This is all good news... this rate will be temporary rate just until the new reinstated rate shows up on FOREX. [Post 1 of 2....stay tuned]
2-14-2024 Intel Guru MarkZ [via PDK] Once again I am going to report we are being leaned on to not talk about redemption stuff...Especially from banks who we expect to handle transactions and redemptions...They said they really need everyone to stay quiet right now. There is a whole lot I would like to say but right now it would be ill-advised. Just know that I am very happy and content about timing…and yes I think it is soon.
2-13-2024 Intel Guru Frank26 They're going to reinstate it to $3.22 but that was 20 years ago. You think that's fair? No. Especially for the citizens of Iraq. Why do you think they've kept it at 1310. You wanted 1,200 or 1,000 right? ...If I was the CBI I would have locked that 1310 in place because I would much rather come out at $1.30 or something in that range than just $1.00, it's been 20 years.
2-13-2024 Newshound Guru Pimpy Question "What is needed for this investment to be profitable?" What we need for this investment to be profitable - We need them to get back on Forex. We need them to be part of the World Trade Organization. We need them to change the exchange rate without lopping off the zeros first.
2-13-2024 Newshound Guru Militia Man Releasing them from Chapter VII...it's phenomenal to see...In 2012 we thought this was over because the UN released them from specific things but they never released them from everything. They needed to do something...Now...the push is the World Bank, the seven [largest entities in the world] are pushing them, the UN's giving them Kudos...basically stated it's time Sudani to ask the UN to do this. [NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
2-13-2024 Newshound Guru Sandy Ingram The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry. Iraq holds a significant amount of the world's history within its borders...What is needed is security and safety for travelers. Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP.
2-13-2024 Guru Nader From The Mid East Some people comes out and go, 'Hey, the dinar is going to be $7.00 or $8.00..' bullshit like that. I don't know where they get the information from. If it goes 1 to 1 I'll be happy...The second thing, when they come out and they go, 'The back screens.' What back screens? Why you not showing the back screens? Who's telling you about back screens? Other people go, 'Iraq the exchange rate is internal and external.' What the hell you saying. It's crazy. You know they're not going to come out and say, 'We're going to change the exchange rate but only in Iraq.' ...Then banks...the numbers doesn't work like that. It doesn't work at $7 or $8 or $11...Be reasonable. $2.80 or $3.50 maximum like it used to be...
2-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A guy comes on TV and he talks to us about how the end of the Untied Nations mission official has removed all sanctions from Iraq... [NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
2-13-2024 Newshound/Intel Guru Fnu Lnu Some opine that there is no such thing as a Redemption Center while others claim to be in contact with such Centers and their personnel. What they (redemption centers) are, is a simple solution to a simple problem. Many of the large banks in heavily populated urban centers were concerned about having the Dinar traffic clog their lobbies at exchange time. The solution is to have a separate, off-premises, specialized, Exchange Center, complete with Delaru computer, in the most populated city in each of the 10 federal regions...I haven't been informed of any changes.
2-13-2024 Intel Guru MarkZ [via PDK] We got another bank story overnight from a wealth manager who is reaching out to clients saying “It is time- get everything prepared” He means to get currency together and make certain they have ID’s updated if needed. He says they are at “Any moment now”. To me this is really encouraging as a lot of these stories are from bank personnel who used to say…”It’s a scam-don’t do it” when asked about buy foreign currency. Now they are telling me “you were right all along and get prepared”...we will not know the exact timing or the “when” until it actually happens. But they are now openly preparing many of their clients. We are hearing more and more repeat stories about this. But being leaned on hard to not share details right now.
2-13-2024 Newshound Guru Pimpy I want to make myself perfectly clear - Deletion of the zeros, Lopping or redenomination are all the same thing. All they're doing is changing the face of the bank notes. That's it. An increase or decrease of the Iraqi dinar against other foreign currencies is a change in the exchange rate. That's different.
2-13-2024 Newshound Guru Militia Man The 2024 Word Global Summit... Article "Al-Sudani cancels his visit to the Emirates and apologizes for it" Why did he cancel? Why did he not go to a World Global Summit? ...all the other countries...180 are all there. Sudani didn't show up. There's got to be a very important reason why he didn't... Article quote: "The Minister of Finance participates in the session of the World Government Summit in Dubai.." And Sudani didn't go...He stayed home, he talked about his borders...armed forces...his people...Why? He had to apologize for not making it. There has to be a very good reason I would think. We're going to find out what that reason is..
2-13-2024 Intel Guru Frank26 IMO when you see the prices in the [Iraqi] markets start to drop, get excited.
2-13-2024 Intel Guru Goldilocks Article: "Viet Nam’s exports surge 42% in January" Quote: "Viet Nam’s exports reached nearly US $33.6 billion in January, a 42 percent surge over the same period last year and the highest level since April 2022...The increase in their goods and services will begin to increase price pressures on their currency to meet these demands through digitized payment systems."
2-13-2024 Newshound Guru Pimpy Question "What is needed for this investment to be profitable?" What we need for this investment to be profitable - We need them to get back on Forex. We need them to be part of the World Trade Organization. We need them to change the exchange rate without lopping off the zeros first.
2-13-2024 Newshound Guru Militia Man Releasing them from Chapter VII...it's phenomenal to see...In 2012 we thought this was over because the UN released them from specific things but they never released them from everything. They needed to do something...Now...the push is the World Bank, the seven [largest entities in the world] are pushing them, the UN's giving them Kudos...basically stated it's time Sudani to ask the UN to do this. [NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
2-13-2024 Newshound Guru Sandy Ingram The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry. Iraq holds a significant amount of the world's history within its borders...What is needed is security and safety for travelers. Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP.
2-13-2024 Guru Nader From The Mid East Some people comes out and go, 'Hey, the dinar is going to be $7.00 or $8.00..' bullshit like that. I don't know where they get the information from. If it goes 1 to 1 I'll be happy...The second thing, when they come out and they go, 'The back screens.' What back screens? Why you not showing the back screens? Who's telling you about back screens? Other people go, 'Iraq the exchange rate is internal and external.' What the hell you saying. It's crazy. You know they're not going to come out and say, 'We're going to change the exchange rate but only in Iraq.' ...Then banks...the numbers doesn't work like that. It doesn't work at $7 or $8 or $11...Be reasonable. $2.80 or $3.50 maximum like it used to be...
2-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A guy comes on TV and he talks to us about how the end of the Untied Nations mission official has removed all sanctions from Iraq... [NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
2-13-2024 Newshound/Intel Guru Fnu Lnu Some opine that there is no such thing as a Redemption Center while others claim to be in contact with such Centers and their personnel. What they (redemption centers) are, is a simple solution to a simple problem. Many of the large banks in heavily populated urban centers were concerned about having the Dinar traffic clog their lobbies at exchange time. The solution is to have a separate, off-premises, specialized, Exchange Center, complete with Delaru computer, in the most populated city in each of the 10 federal regions...I haven't been informed of any changes.
2-13-2024 Intel Guru MarkZ [via PDK] We got another bank story overnight from a wealth manager who is reaching out to clients saying “It is time- get everything prepared” He means to get currency together and make certain they have ID’s updated if needed. He says they are at “Any moment now”. To me this is really encouraging as a lot of these stories are from bank personnel who used to say…”It’s a scam-don’t do it” when asked about buy foreign currency. Now they are telling me “you were right all along and get prepared”...we will not know the exact timing or the “when” until it actually happens. But they are now openly preparing many of their clients. We are hearing more and more repeat stories about this. But being leaned on hard to not share details right now.
2-13-2024 Newshound Guru Pimpy I want to make myself perfectly clear - Deletion of the zeros, Lopping or redenomination are all the same thing. All they're doing is changing the face of the bank notes. That's it. An increase or decrease of the Iraqi dinar against other foreign currencies is a change in the exchange rate. That's different.
2-13-2024 Newshound Guru Militia Man The 2024 Word Global Summit... Article "Al-Sudani cancels his visit to the Emirates and apologizes for it" Why did he cancel? Why did he not go to a World Global Summit? ...all the other countries...180 are all there. Sudani didn't show up. There's got to be a very important reason why he didn't... Article quote: "The Minister of Finance participates in the session of the World Government Summit in Dubai.." And Sudani didn't go...He stayed home, he talked about his borders...armed forces...his people...Why? He had to apologize for not making it. There has to be a very good reason I would think. We're going to find out what that reason is..
2-13-2024 Intel Guru Frank26 IMO when you see the prices in the [Iraqi] markets start to drop, get excited.
2-13-2024 Intel Guru Goldilocks Article: "Viet Nam’s exports surge 42% in January" Quote: "Viet Nam’s exports reached nearly US $33.6 billion in January, a 42 percent surge over the same period last year and the highest level since April 2022...The increase in their goods and services will begin to increase price pressures on their currency to meet these demands through digitized payment systems."
2-12-2024 Newshound Guru Pimpy Question about Pimpy's possible LOP theory: "If what I understand you're saying it's a lop. 25,000 will be 25 right or wrong?" A LOP is when you remove the zeros. Just like you pointed out... 25,000 dinar would be a 25 dinar. Yes, that would be correct.
2-12-2024 Newshound Guru Militia Man The [U.S] embassy in Baghdad is amazing. The reason why is...it's a building that's 104 acres... 43,660 square feet...It's huge. They're building a bigger one in Iraq...4.5 million square feet, of a building. You got to go, that's a big building...Why would they be building a bigger one if we're leaving anytime soon?
2-12-2024 Intel Guru Frank26 [Dallas Chase Bank Story] BANK VISITOR: Today I get a call from the wealth manager at the Fort Worth location I go to all the time. I talked to her about a year ago about...the dinar and dong...The first thing out of her mouth was about the foreign currency. I said, ok, have you heard anything? She said, no but there's been rumblings, I'm going to get with my higher ups. I thought it was really funny the first thing out of her mouth was the foreign currency. FRANK: Because she's heard something. She's not going to admit it to you. BANK VISITOR: ...I said, do me a favor and find out what's going on if you can...She said I've got your number I'll give you a call...I got the feeling from this lady they've got some competition going on even within the banks themselves [for client business].
2-12-2024 Newshound Guru Samson Article: ”South Korea confirms: The volume of trade exchange with Iraq is increasing as a result of security stability"
2-12-2024 Newshound Guru Guru Clare Article: "Saleh: Iraq is experiencing high price stability and the decline of parallel market noise "
2-12-2024 Newshound Guru Sandy Ingram "Iraq's central bank revokes Iran's Bank Melli operating license" This article tells us the US is serious about not allowing Iran to have access to US dollars. It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.
2-12-2024 Newshound Guru Pimpy ...You don't need to go to a Redemption Center...I bank out of Wells Fargo. I went in there, talked to my manager. He said this if the exchange rate is very large and you end up making a lot of profit off it, 'All you got to do is call, let me know when you come in or just walk in, wave to me so I see you and tell me that you're coming to exchange your currency. We will go ahead and run it through the machine to make sure it's not counterfeit...once we say it's all good we deposit it directly into your account.' ...They don't ask for a receipt. They don't ask where you got it from. They don't ask you about any of that...
2-12-2024 Newshound Guru Militia Man Iraq is moving towards going into a market economy...it's quite obvious...Tensions are the trade lines between Egypt and Jordan because of the Red Sea. There's been some chaos going on with different factions disrupting trade...Iraq's Development Road Project Article quote: "Iraq supports an alternative to the international transport lines that deliver good from the East to the West." Everything's coinciding at this time with the major international transport companies coming into play...
2-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: So far we are not seeing the lower notes but they talk to us about them every day. They just talk to us about them and why we'll need them. FRANK: They are talking to you about the lower notes and coins because they are about to show them to you next week or the week after. I believe your bank friend will show you something in the sense of pictures...Take as many pictures as you can.
2-12-2024 Intel Guru yada Question: so im hearing the lower notes still not out yet? how does this timing line up with what we want? does it hapoen before or after or the same time if rates are already up and waiting? yada: when the rate is released the lower denoms will have value and released afterwards. Almost simultaneously.
2-12-2024 Newshound Guru Militia Man The [U.S] embassy in Baghdad is amazing. The reason why is...it's a building that's 104 acres... 43,660 square feet...It's huge. They're building a bigger one in Iraq...4.5 million square feet, of a building. You got to go, that's a big building...Why would they be building a bigger one if we're leaving anytime soon?
2-12-2024 Intel Guru Frank26 [Dallas Chase Bank Story] BANK VISITOR: Today I get a call from the wealth manager at the Fort Worth location I go to all the time. I talked to her about a year ago about...the dinar and dong...The first thing out of her mouth was about the foreign currency. I said, ok, have you heard anything? She said, no but there's been rumblings, I'm going to get with my higher ups. I thought it was really funny the first thing out of her mouth was the foreign currency. FRANK: Because she's heard something. She's not going to admit it to you. BANK VISITOR: ...I said, do me a favor and find out what's going on if you can...She said I've got your number I'll give you a call...I got the feeling from this lady they've got some competition going on even within the banks themselves [for client business].
2-12-2024 Newshound Guru Samson Article: ”South Korea confirms: The volume of trade exchange with Iraq is increasing as a result of security stability"
2-12-2024 Newshound Guru Guru Clare Article: "Saleh: Iraq is experiencing high price stability and the decline of parallel market noise "
2-12-2024 Newshound Guru Sandy Ingram "Iraq's central bank revokes Iran's Bank Melli operating license" This article tells us the US is serious about not allowing Iran to have access to US dollars. It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.
2-12-2024 Newshound Guru Pimpy ...You don't need to go to a Redemption Center...I bank out of Wells Fargo. I went in there, talked to my manager. He said this if the exchange rate is very large and you end up making a lot of profit off it, 'All you got to do is call, let me know when you come in or just walk in, wave to me so I see you and tell me that you're coming to exchange your currency. We will go ahead and run it through the machine to make sure it's not counterfeit...once we say it's all good we deposit it directly into your account.' ...They don't ask for a receipt. They don't ask where you got it from. They don't ask you about any of that...
2-12-2024 Newshound Guru Militia Man Iraq is moving towards going into a market economy...it's quite obvious...Tensions are the trade lines between Egypt and Jordan because of the Red Sea. There's been some chaos going on with different factions disrupting trade...Iraq's Development Road Project Article quote: "Iraq supports an alternative to the international transport lines that deliver good from the East to the West." Everything's coinciding at this time with the major international transport companies coming into play...
2-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: So far we are not seeing the lower notes but they talk to us about them every day. They just talk to us about them and why we'll need them. FRANK: They are talking to you about the lower notes and coins because they are about to show them to you next week or the week after. I believe your bank friend will show you something in the sense of pictures...Take as many pictures as you can.
2-12-2024 Intel Guru yada Question: so im hearing the lower notes still not out yet? how does this timing line up with what we want? does it hapoen before or after or the same time if rates are already up and waiting? yada: when the rate is released the lower denoms will have value and released afterwards. Almost simultaneously.
2-11-2024 Newshound Guru Pimpy I've been following the Vietnam dong closely. With all these corruption cases going on, we're talking about several politicians being sent to jail or going to court. With them cleaning up so much of their corruption I've really been paying attention to the markets and seeing if there's any news coming out about a possible change in exchange rate. I'm not saying it's going to happen but if these are the same people that's holding it down...hopefully they'll allow the exchange rate to increase...It's looking pretty good over there in Vietnam.
2-11-2024 Intel Guru Frank26 [Alaska Bank Story] BANK INQUIRER: I called North Rim Bank, they didn't want to talk to me at all because they said I don't have an account. They said I would have to wait 90 days after opening an account before I could even exchange. We scratched that bank off the list. Then I called The Credit Union One and Alaska USA Credit Union. They told me neither one do exchanges. FRANK: I suggest you need to go to a major bank ...Go to the state bank... BANK INQUIRER: I called USAA Bank...they do not do foreign cash exchanges. Then I went to Key Bank...They do foreign cash exchanges in the bank. She looked up the currency and nothing shows yet...They do not have a De La Ru Machine they said they'd have to send it out.
2-11-2024 Guru Nader From The Mid East Here's what I can tell you. When the dinar changes everybody will know. Everybody in the whole world, everybody knows about. It will be all over the news. When Iraq will be sovereign again, when somebody declare the end of war and everything, that's what's going to happen...
2-11-2024 Newshound Guru Sandy Ingram Vietnam is making major financial news. Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month. The inflation rate is at a five month low of 3.7%. Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...
2-11-2024 Newshound Guru Fnu Lnu The law of one price exists because differences between asset prices in different locations would eventually be eliminated due to the arbitrage...The arbitrage opportunity would be achieved whereby a trader would purchase the asset in the market it is available at a lower price and then sell it in the market where it is available at a higher price. Over time, market equilibrium forces would align the prices of the asset. This should clear up the misconception of getting a better rate at a bank versus a redemption center, etc.... The rate will be the rate, no matter where, due to the law of One Price. [Post 2 of 2]
2-11-2024 Newshound Guru Fnu Lnu [Bank vs Redemption Center Rate Debate response] The law of one price...states that the price of an identical asset or commodity will have the same price globally, regardless of location...The law of one price takes into account a frictionless market, where there are no transaction costs, transportation costs, or legal restrictions, the currency exchange rates are the same, and that there is no price manipulation by buyers or sellers. [Post 1 of 2....stay tuned]
2-11-2024 Intel Guru RayRen98 ...HOW ABOUT TREAT LAST NIGHT AS RV EVE...I'M LOOKING FOR SOMETHNG EXCITING LATER THIS AFTERNOON.
2-11-2024 Newshound Guru Pimpy The deletion of the zeros - It'll go from a 25,000 dinar down to a 25... No one will become rich...The Iraqi government can delete the zeros, taking your 25,000 dinar note down to a 25 note and then make a major change to the exchange rate. That's a possibility. What we're hoping for is that it goes up in increments and it keeps going and they keep the zeros on it...Deletion of the zeros off the exchange rate - No such thing.
2-11-2024 Newshound Guru Militia Man There's evidence the project to delete the zeros off the exchange rate is underway or is still on the table. It exists and that's because of who said it. We know Al-Alaq has said it and it's been referenced to one of his financial advisors...Saleh.
2-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes...He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing. He said if the CBI didn't come out with these lower notes the monetary reforms would be a disaster. He said that's why we need a change in our rate...
2-11-2024 Intel Guru Goldilocks Article: "Vietnam's Rise as a Global Manufacturing Hub in the Era of Resilience and ESG Compliance" Quote: "Vietnam's cost-competitive manufacturing capabilities, expanding consumer market, and supportive policies make it an attractive destination for foreign investment. Despite challenges, Vietnam is well-positioned to capitalize on this trend and cement its position as a key player in the global economy."
2-11-2024 Guest Guru Zester Here is a little news: “Iraq revokes Iran’s bank Melli operation license” This article is interesting because of what is mentioned in it… That there are many banks in Iraq that are banned from participating in the daily US dollar auctions held by the CBI…to stop the smuggling of US dollars to Iran and that Iraq has reserves of over $100 Billion dollars held in the United States. From Rueters.
2-11-2024 Intel Guru Frank26 [Alaska Bank Story] BANK INQUIRER: I called North Rim Bank, they didn't want to talk to me at all because they said I don't have an account. They said I would have to wait 90 days after opening an account before I could even exchange. We scratched that bank off the list. Then I called The Credit Union One and Alaska USA Credit Union. They told me neither one do exchanges. FRANK: I suggest you need to go to a major bank ...Go to the state bank... BANK INQUIRER: I called USAA Bank...they do not do foreign cash exchanges. Then I went to Key Bank...They do foreign cash exchanges in the bank. She looked up the currency and nothing shows yet...They do not have a De La Ru Machine they said they'd have to send it out.
2-11-2024 Guru Nader From The Mid East Here's what I can tell you. When the dinar changes everybody will know. Everybody in the whole world, everybody knows about. It will be all over the news. When Iraq will be sovereign again, when somebody declare the end of war and everything, that's what's going to happen...
2-11-2024 Newshound Guru Sandy Ingram Vietnam is making major financial news. Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month. The inflation rate is at a five month low of 3.7%. Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...
2-11-2024 Newshound Guru Fnu Lnu The law of one price exists because differences between asset prices in different locations would eventually be eliminated due to the arbitrage...The arbitrage opportunity would be achieved whereby a trader would purchase the asset in the market it is available at a lower price and then sell it in the market where it is available at a higher price. Over time, market equilibrium forces would align the prices of the asset. This should clear up the misconception of getting a better rate at a bank versus a redemption center, etc.... The rate will be the rate, no matter where, due to the law of One Price. [Post 2 of 2]
2-11-2024 Newshound Guru Fnu Lnu [Bank vs Redemption Center Rate Debate response] The law of one price...states that the price of an identical asset or commodity will have the same price globally, regardless of location...The law of one price takes into account a frictionless market, where there are no transaction costs, transportation costs, or legal restrictions, the currency exchange rates are the same, and that there is no price manipulation by buyers or sellers. [Post 1 of 2....stay tuned]
2-11-2024 Intel Guru RayRen98 ...HOW ABOUT TREAT LAST NIGHT AS RV EVE...I'M LOOKING FOR SOMETHNG EXCITING LATER THIS AFTERNOON.
2-11-2024 Newshound Guru Pimpy The deletion of the zeros - It'll go from a 25,000 dinar down to a 25... No one will become rich...The Iraqi government can delete the zeros, taking your 25,000 dinar note down to a 25 note and then make a major change to the exchange rate. That's a possibility. What we're hoping for is that it goes up in increments and it keeps going and they keep the zeros on it...Deletion of the zeros off the exchange rate - No such thing.
2-11-2024 Newshound Guru Militia Man There's evidence the project to delete the zeros off the exchange rate is underway or is still on the table. It exists and that's because of who said it. We know Al-Alaq has said it and it's been referenced to one of his financial advisors...Saleh.
2-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes...He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing. He said if the CBI didn't come out with these lower notes the monetary reforms would be a disaster. He said that's why we need a change in our rate...
2-11-2024 Intel Guru Goldilocks Article: "Vietnam's Rise as a Global Manufacturing Hub in the Era of Resilience and ESG Compliance" Quote: "Vietnam's cost-competitive manufacturing capabilities, expanding consumer market, and supportive policies make it an attractive destination for foreign investment. Despite challenges, Vietnam is well-positioned to capitalize on this trend and cement its position as a key player in the global economy."
2-11-2024 Guest Guru Zester Here is a little news: “Iraq revokes Iran’s bank Melli operation license” This article is interesting because of what is mentioned in it… That there are many banks in Iraq that are banned from participating in the daily US dollar auctions held by the CBI…to stop the smuggling of US dollars to Iran and that Iraq has reserves of over $100 Billion dollars held in the United States. From Rueters.
2-10-2024 Newshound Guru Pimpy I absolutely positively believe the Middle East is going to be prosperous. I absolutely believe the dinar is going to be a huge part of that...
2-10-2024 Newshound Guru Militia Man What I like about the Iraqi dinar...is there's progress and there's been progress...The bottom line is ever since Al-Sudani has taken the helm...things have progressed immensely.
2-10-2024 Intel Guru Frank26 The next phase is the most difficult...most dangerous phase...You need a team...You realize how Earth shattering decision you're going to make in front of strangers that you don't know. That's why I told you to create your team. If you don't have the energy, desire, strength, will, knowledge to create a team right now don't worry about it, when the blessing occurs they'll be looking for you. You must make the proper decision on who is going to help you. These are powerful decision that you have to make with your team because it'll affect you, your children's children's future.
2-10-2024 Newshound Guru Clare Article: "Advisor to the Prime Minister: Iraq today has the highest levels of foreign reserves in its financial history"
2-10-2024 Intel Guru MarkZ [via PDK] I got some great stuff...this morning about groups in Reno and expectations of an announcement that...could happen early this week. This certainly fits with what my banking contacts are saying. I expect updates mid day on Monday. I will keep an ear out because there is a sudden flurry of activity on the Reno side.
2-10-2024 Newshound Guru Pimpy I've heard this story a zillion times - It [the Iraqi dinar] used to be $3.22 so if you adjust for inflation it's going to be much higher. If that was the case do you understand how much higher the Kuwait dinar would be? It's around the same as it was 7, 8, 10, 20 years ago. You don't see them go, 'Hey this year we raised a whole other dollar because of inflation.' No. That's just ridiculous. I've heard that all before. It's not adjusted based on inflation...There is no currency exchange out there right now that you can find that's even remotely close to $4 let alone $7...
2-10-2024 Newshound Guru Militia Man Article quote: "The World Bank praises electronic payment systems in Iraq the best in the region." So they're praising Iraq as being the best in the region... Article quote: "The infrastructure of the electronic payday system and software systems in Iraq is among the best systems in the region according to the Iraqi central bank"
2-10-2024 Intel Guru Bruce [via WiserNow] I know that there are rates on the bank screen I know that they should be locked in. ...We should also have rates on redemption center screens, which is the better way to go...you should be absolutely thrilled with the rates that are available for all of our currencies.
2-10-2024 Intel Guru Frank26 We're in the Venturi effect (a narrow opening and you're trying to squeeze a lot through it). You know how you put your finger on a hose and you can squirt it much further? That's the Venturi effect. We're having a Venturi effect with intel.
2-10-2024 Newshound Guru Militia Man What I like about the Iraqi dinar...is there's progress and there's been progress...The bottom line is ever since Al-Sudani has taken the helm...things have progressed immensely.
2-10-2024 Intel Guru Frank26 The next phase is the most difficult...most dangerous phase...You need a team...You realize how Earth shattering decision you're going to make in front of strangers that you don't know. That's why I told you to create your team. If you don't have the energy, desire, strength, will, knowledge to create a team right now don't worry about it, when the blessing occurs they'll be looking for you. You must make the proper decision on who is going to help you. These are powerful decision that you have to make with your team because it'll affect you, your children's children's future.
2-10-2024 Newshound Guru Clare Article: "Advisor to the Prime Minister: Iraq today has the highest levels of foreign reserves in its financial history"
2-10-2024 Intel Guru MarkZ [via PDK] I got some great stuff...this morning about groups in Reno and expectations of an announcement that...could happen early this week. This certainly fits with what my banking contacts are saying. I expect updates mid day on Monday. I will keep an ear out because there is a sudden flurry of activity on the Reno side.
2-10-2024 Newshound Guru Pimpy I've heard this story a zillion times - It [the Iraqi dinar] used to be $3.22 so if you adjust for inflation it's going to be much higher. If that was the case do you understand how much higher the Kuwait dinar would be? It's around the same as it was 7, 8, 10, 20 years ago. You don't see them go, 'Hey this year we raised a whole other dollar because of inflation.' No. That's just ridiculous. I've heard that all before. It's not adjusted based on inflation...There is no currency exchange out there right now that you can find that's even remotely close to $4 let alone $7...
2-10-2024 Newshound Guru Militia Man Article quote: "The World Bank praises electronic payment systems in Iraq the best in the region." So they're praising Iraq as being the best in the region... Article quote: "The infrastructure of the electronic payday system and software systems in Iraq is among the best systems in the region according to the Iraqi central bank"
2-10-2024 Intel Guru Bruce [via WiserNow] I know that there are rates on the bank screen I know that they should be locked in. ...We should also have rates on redemption center screens, which is the better way to go...you should be absolutely thrilled with the rates that are available for all of our currencies.
2-10-2024 Intel Guru Frank26 We're in the Venturi effect (a narrow opening and you're trying to squeeze a lot through it). You know how you put your finger on a hose and you can squirt it much further? That's the Venturi effect. We're having a Venturi effect with intel.
2-9-2024 Newshound Guru Militia Man Iraq is getting praise from the international world, the globe, everybody around the world. Seven of the largest entities on the planet are reaching out... Article quote: "The seven countries, the European Union, the World Bank praised Iraq's government which with continued commitment to economic reform and stimulation the private sector and growth." These guys are stoked that Iraq is committed to economic reforms and they're giving credit where due.
2-9-2024 Intel Guru Frank26 Question: "Are they going to put a cap on the dinar if it goes too high?" IMO this is an RI which means they should reinstate the value back to at least $3.22. That's the rate it was when it was brought down...$3.22 was back in 2003. What is it 21 years later it's still $3.22? ...It seems to me there should be at least anywhere from 20% to 30% added to $3.22 - Anywhere from $3.86 to about $4.25 would be a good capping range IMO.
2-9-2024 Intel Guru Bruce [via WiserNow] ...we're being told by our redemption center people that we are in for a very exciting weekend...
2-9-2024 Newshound Guru Kaperoni Sanctions on Iraqi banks for continued money laundering undermines the exchange rate and hurts the spread.
2-9-2024 Newshound Guru Sandy Ingram We are not living a pipe-dream. The IQD and the VND investments are real...Iraq is a small wealthy country...with gold reserves, oil and $100 billion in cash reserve. They are making serious effort...It is safe to say that an appreciation of $0.10 or even $1.00 to 1 Iraqi dinar is not out of the question.
2-9-2024 Intel/Newshound Guru Babysmom THE DINAR WILL COME OUT AT A SPECIFIC RATE ON FOREX. IT WILL RISE FOR A WHILE BASED ON POPULARITY OF HEDGE FUNDS ETC. THEN IT WILL COME DOWN IN 5% INCREMENTS UNTIL IT REACHES A SETTING POINT...25 CENTS OF THE KUWAIT DINAR. CURRENTLY THE KUWAIT DINAR IS APPROXIMATELY $3.25.
2-9-2024 Newshound Guru Pimpy Iraqi dinar is pegged to the US dollar. If the dollar starts to lose value because the interest rates are being cut, then is this the time for Iraq to de-peg away from the dollar? ...No, you just don't do it. You have to weigh the pros and the cons of it. Yes I would like to see Iraq de-peg from the US dollar but I also want to make sure they are set up to do so before they do that...Sure the value of the dollar is going to drop, should Iraq de-peg itself and be independent and make their own decisions with the possible risk of it losing value instead of it gaining value?
2-9-2024 Newshound Guru Samson Article: ”Politician: The UN and international praise for the Sudanese government and its achievements are unprecedented"
2-9-2024 Newshound Guru Militia Man They [Iraq] have been on steroids... ever since Al-Sudani took office and they allowed him to go to the UN assembly meeting and then over to Davos. Now the UN is talking about releasing them from UN Chapter VII sanctions because the mission from the UN is coming to a close... [NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
2-9-2024 Intel Guru Frank26 Article: "Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven" TAKES YOU OUT OF CHAPTER VII... AND PUTS YOU IN AN INTERNATIONAL BASKET!
2-9-2024 Intel Guru MarkZ [via PDK] Comment: They cannot use lower denom notes without the RV/RI- it would be an economic disaster. MarkZ: Yes it would. There is no need for lower denominations unless the big ones have too much value.
2-9-2024 Intel Guru Frank26 Question: "Are they going to put a cap on the dinar if it goes too high?" IMO this is an RI which means they should reinstate the value back to at least $3.22. That's the rate it was when it was brought down...$3.22 was back in 2003. What is it 21 years later it's still $3.22? ...It seems to me there should be at least anywhere from 20% to 30% added to $3.22 - Anywhere from $3.86 to about $4.25 would be a good capping range IMO.
2-9-2024 Intel Guru Bruce [via WiserNow] ...we're being told by our redemption center people that we are in for a very exciting weekend...
2-9-2024 Newshound Guru Kaperoni Sanctions on Iraqi banks for continued money laundering undermines the exchange rate and hurts the spread.
2-9-2024 Newshound Guru Sandy Ingram We are not living a pipe-dream. The IQD and the VND investments are real...Iraq is a small wealthy country...with gold reserves, oil and $100 billion in cash reserve. They are making serious effort...It is safe to say that an appreciation of $0.10 or even $1.00 to 1 Iraqi dinar is not out of the question.
2-9-2024 Intel/Newshound Guru Babysmom THE DINAR WILL COME OUT AT A SPECIFIC RATE ON FOREX. IT WILL RISE FOR A WHILE BASED ON POPULARITY OF HEDGE FUNDS ETC. THEN IT WILL COME DOWN IN 5% INCREMENTS UNTIL IT REACHES A SETTING POINT...25 CENTS OF THE KUWAIT DINAR. CURRENTLY THE KUWAIT DINAR IS APPROXIMATELY $3.25.
2-9-2024 Newshound Guru Pimpy Iraqi dinar is pegged to the US dollar. If the dollar starts to lose value because the interest rates are being cut, then is this the time for Iraq to de-peg away from the dollar? ...No, you just don't do it. You have to weigh the pros and the cons of it. Yes I would like to see Iraq de-peg from the US dollar but I also want to make sure they are set up to do so before they do that...Sure the value of the dollar is going to drop, should Iraq de-peg itself and be independent and make their own decisions with the possible risk of it losing value instead of it gaining value?
2-9-2024 Newshound Guru Samson Article: ”Politician: The UN and international praise for the Sudanese government and its achievements are unprecedented"
2-9-2024 Newshound Guru Militia Man They [Iraq] have been on steroids... ever since Al-Sudani took office and they allowed him to go to the UN assembly meeting and then over to Davos. Now the UN is talking about releasing them from UN Chapter VII sanctions because the mission from the UN is coming to a close... [NOTE: See the full Dinar Guru Possible To Do List in the left column of this page.]
2-9-2024 Intel Guru Frank26 Article: "Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven" TAKES YOU OUT OF CHAPTER VII... AND PUTS YOU IN AN INTERNATIONAL BASKET!
2-9-2024 Intel Guru MarkZ [via PDK] Comment: They cannot use lower denom notes without the RV/RI- it would be an economic disaster. MarkZ: Yes it would. There is no need for lower denominations unless the big ones have too much value.
2-8-2024 Newshound Guru Militia Man There was a kind of documentary out showing how they were destroying triple zero notes. Think about it, if you had printed trillions and trillions of notes, it takes a long time to reduce your note count....The fact they were going to be doing this whole delete the zeros project from the exchange rate they were going to have a use for what? [Coins]. They even talked about coins in the last week...The project to delete the zeros, they're still in the process of doing it.
2-8-2024 Intel Guru Frank26 Last year we sent many of you to banks and you came back with the same story, 'They said it's a scam.' Towards the end of December, 'Some of them are telling us it's not a scam and they talk to us.' ...January more and more banks are saying, 'We know. We just don't know when.' That's why I believe that bringing you a bank story with the bank
information can be helpful.
2-8-2024 Newshound Guru Clare Article: "Netherlands: About 60 thousand Iraqis live in our country and we are waiting for the Sudanese to visit" Quote: "Dutch Foreign Minister Hanke Bruins-Sloot announced on Tuesday that about 60,000 people from the Iraqi community live in her country, while she confirmed that Amsterdam is awaiting an upcoming visit by Prime Minister Muhammad Shiaa Al-Sudani."
2-8-2024 Newshound Guru Militia Man Article Quote: "Ending the mission of United Nations office in Iraq takes Iraq out of Chapter VII" Who hasn't been waiting for Iraq to get the last shackles off their back? Quote: "Chinese representatives in recognition of the existence of a state of political and economic stability in Iraq gives Al-Sudani the opportunity to ask the Secretary General of the Untied Notation to end the work of the Untied Nations office in Iraq or at least reduce it and then Iraq will exit from chapter VII." ...That's pretty powerful data...Could he have already asked? ...I'm really pleased with this. [NOTE: See the Dinar Guru Possible To Do List in the left column of this page.]
2-8-2024 Newshound Guru Samson Article: ”Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven"
[NOTE: See the Dinar Guru Possible To Do List in the left column of this page.]
2-8-2024 Intel Guru Frank26 [Personal Ohio Bank Story Continued] ...So Chase is a bank and JP Morgan are the investors of Chase Bank right? Yes...They will exchange your currency...He softened up a little bit. He asked, What do you have? ...The Iraqi dinar...How much? I made up a number. I have over 200 million dinars. He said, you're not going to be exchanging your dinars here at Chase. We can't handle that. You have to go to a state bank...Where should I take my dinars to have them look at them, inspect them and then deposit them correctly? He said New York [or] Chicago...You come here to my Chase office in Toledo Ohio we'll zoom with Chicago. You're going to come to me? Yes...We'll make an appointment. The Brinks truck will come, a representative will come. They will verify it. They will have all the equipment they need... [Post 2 of 2]
2-8-2024 Intel Guru Frank26 [Personal Ohio Bank Story] FRANK: I'm here to talk to you about your bank...I asked, Here at Chase do you folks exchange foreign currency? He said no, we do not. I found it odd...something was very wrong...Second Question, If you don't exchange foreign currency why is Jamie Dimon the CEO in Iraq? ... [He said] No he's not. My next statement almost started WW III...Sir, you are very ignorant. You're in charge of this bank and you're answering my questions incorrectly...I said let me try that again, Does Chase convert foreign currency into American dollars? No. J.P Morgan does. [Post 1 of 2....stay tuned]
2-8-2024 Newshound/Intel Guru Mnt Goat ...told to me just yesterday by my CBI contact...I was told that of the committee responsible for orchestrating the project to delete the zeros, had a member given a directive to supply a set of quality photos of the newer lower denomination paper currency and the coins. They are then to work with the technical side to deliver these photos and a writeup on the process of how the project to delete the zeros is going to work....I was told that in the coming weeks they were told that a meeting will be scheduled to review timetables for the coordination of all these events...Folks this is amazing news.
2-8-2024 Intel Guru MarkZ [via PDK] Question: Does...the HCL...have to pass for the RV? MarkZ: I was told from day 1 that within hours of seeing the HCL pass…we would see a new rate…..so, I keep looking for it…but we don’t necessarily have to have it.
2-8-2024 Intel Guru Bruce [via WiserNow] we did get information...that is pointing to this going very soon...So there’s a 4 letter word that we don’t use that often. ...from...main sources...we will be going in for exchanges before or by Friday morning...It looks very good...I think this could be a very interesting week, weekend into next week...
2-8-2024 Intel Guru Frank26 Last year we sent many of you to banks and you came back with the same story, 'They said it's a scam.' Towards the end of December, 'Some of them are telling us it's not a scam and they talk to us.' ...January more and more banks are saying, 'We know. We just don't know when.' That's why I believe that bringing you a bank story with the bank
information can be helpful.
2-8-2024 Newshound Guru Clare Article: "Netherlands: About 60 thousand Iraqis live in our country and we are waiting for the Sudanese to visit" Quote: "Dutch Foreign Minister Hanke Bruins-Sloot announced on Tuesday that about 60,000 people from the Iraqi community live in her country, while she confirmed that Amsterdam is awaiting an upcoming visit by Prime Minister Muhammad Shiaa Al-Sudani."
2-8-2024 Newshound Guru Militia Man Article Quote: "Ending the mission of United Nations office in Iraq takes Iraq out of Chapter VII" Who hasn't been waiting for Iraq to get the last shackles off their back? Quote: "Chinese representatives in recognition of the existence of a state of political and economic stability in Iraq gives Al-Sudani the opportunity to ask the Secretary General of the Untied Notation to end the work of the Untied Nations office in Iraq or at least reduce it and then Iraq will exit from chapter VII." ...That's pretty powerful data...Could he have already asked? ...I'm really pleased with this. [NOTE: See the Dinar Guru Possible To Do List in the left column of this page.]
2-8-2024 Newshound Guru Samson Article: ”Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven"
[NOTE: See the Dinar Guru Possible To Do List in the left column of this page.]
2-8-2024 Intel Guru Frank26 [Personal Ohio Bank Story Continued] ...So Chase is a bank and JP Morgan are the investors of Chase Bank right? Yes...They will exchange your currency...He softened up a little bit. He asked, What do you have? ...The Iraqi dinar...How much? I made up a number. I have over 200 million dinars. He said, you're not going to be exchanging your dinars here at Chase. We can't handle that. You have to go to a state bank...Where should I take my dinars to have them look at them, inspect them and then deposit them correctly? He said New York [or] Chicago...You come here to my Chase office in Toledo Ohio we'll zoom with Chicago. You're going to come to me? Yes...We'll make an appointment. The Brinks truck will come, a representative will come. They will verify it. They will have all the equipment they need... [Post 2 of 2]
2-8-2024 Intel Guru Frank26 [Personal Ohio Bank Story] FRANK: I'm here to talk to you about your bank...I asked, Here at Chase do you folks exchange foreign currency? He said no, we do not. I found it odd...something was very wrong...Second Question, If you don't exchange foreign currency why is Jamie Dimon the CEO in Iraq? ... [He said] No he's not. My next statement almost started WW III...Sir, you are very ignorant. You're in charge of this bank and you're answering my questions incorrectly...I said let me try that again, Does Chase convert foreign currency into American dollars? No. J.P Morgan does. [Post 1 of 2....stay tuned]
2-8-2024 Newshound/Intel Guru Mnt Goat ...told to me just yesterday by my CBI contact...I was told that of the committee responsible for orchestrating the project to delete the zeros, had a member given a directive to supply a set of quality photos of the newer lower denomination paper currency and the coins. They are then to work with the technical side to deliver these photos and a writeup on the process of how the project to delete the zeros is going to work....I was told that in the coming weeks they were told that a meeting will be scheduled to review timetables for the coordination of all these events...Folks this is amazing news.
2-8-2024 Intel Guru MarkZ [via PDK] Question: Does...the HCL...have to pass for the RV? MarkZ: I was told from day 1 that within hours of seeing the HCL pass…we would see a new rate…..so, I keep looking for it…but we don’t necessarily have to have it.
2-8-2024 Intel Guru Bruce [via WiserNow] we did get information...that is pointing to this going very soon...So there’s a 4 letter word that we don’t use that often. ...from...main sources...we will be going in for exchanges before or by Friday morning...It looks very good...I think this could be a very interesting week, weekend into next week...
2-7-2024 Newshound Guru Pimpy There are many countries that have a ton of resources and the governments are rich but the people are poor. I've been a huge supporter of the Iraqi people. I keep praying their government gets their shit together and they're able to prosper from the resources they have. There's no reason for them not to. Sure I want to make money off the Iraqi dinar but...not at the expense of the Iraqi people...I can see how the Iraqi people will become prosperous because if they change the exchange rate it give them more purchasing power. That means they're able to buy a lot more things with their money...An increase in the exchange rate would benefit them greatly...
2-7-2024 Newshound Guru Clare Article "Iraq increased its possession of the yellow metal to more than 142 tons" Quote "Iraq announced the purchase of gold in the year 2023, amounting to approximately 12.25 tons."
2-7-2024 Intel Guru MarkZ [via PDK] Comment: Still hearing they are showing the new lower denoms in Iraq at the banks. MarkZ: I had heard they are showing the specimen sheets at all the banks…and I am not the only one hearing that.
2-7-2024 Intel Guru Frank26 If I was the CBI within the next couple of weeks, no later sometime in this month, I would have banks show the Iraqi citizens practice currency sheets in the banks...so they can practice with the citizens of Iraq.
2-7-2024 Newshound Guru Militia Man We're in the process of watching it unfold...Everybody should be able to be excited because the news is collectively showing Iraq is moving to a private sector/market economy and there's partnerships with the public to be able to facilitate it.
2-7-2024 Newshound Guru Kaperoni I remind people again Iraq's entire net worth including all minerals in the ground including oil is only worth about $16 trillion dollars. With over 100 trillion dinar in circulation Iraq could never RV the dinar! Only with the success and growth of Iraq's economy and private-sector can the dinar go up in value. It could go up gradually over time as Iraq's GDP increases.
2-7-2024 Newshound Guru Sandy Ingram The CBI must carefully manage the timing of revaluation...[Iraq] has over $100 billion in foreign currency reserves. The IMF has continually said Iraq needs more income streams to offset the oil industry. The Development Road Project and several other manufacturing projects are all a part of increasing Iraq's income streams.
2-7-2024 Intel Guru MarkZ [via PDK] Article: “Central Bank of Iraq is facilitating transfers” ...this has to do with the electronic platforms...the claim that they made...by government officials that Iraq has the most modern system in the entire middle east. This is big...It means that government officials will not be able to embezzle etc…this system will be very transparent for the people. This is a key part before they usually revalue currencies.
2-7-2024 Newshound Guru Pimpy I already said this about the World Trade Organization - There is no certain exchange rate that you must have to get into the World Trade Organization. What they're looking for is an exchange rate that's very stable. Although...IMO I'm pretty sure they would prefer it if you didn't have so many zeros.
2-7-2024 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" Separate article quote: "The World Bank confirmed on Wednesday that the infrastructure for electronic payment systems in Iraq is the best in the region."
2-7-2024 Intel Guru Frank26 I email them from time to time and give them an update on what's going on...He said you know there's been a lot of speculation on the foreign currencies and when they were going to revalue. He never said it was a scam. He looked at me and grinned. He said we will be in touch with you. Then I said to him, let me ask you something, nothing against your other locations but how come they haven't treated me this way? They know who I am. I go there all the time. He said, this particular site is set up to help customers like you. He said, 'we are directly tied to JP Morgan in New York. This is how we operate this site'...You get that feeling when you're sat in front of these people that something's going on now and they may not be able to tell you all of it but they know who has what... [Post 2 of 2]
2-7-2024 Intel Guru Frank26 [Fort Worth Chase Bank Story] BANK VISITOR: I went to one of the largest Chase Banks in Dallas. This bank is different than I've ever seen. It was two stories and upstairs there was many window you couldn't see into. FRANK: A lot of banks are metamorphosizing their environment in order to be part of the exchange process... BANK VISITOR: I go and sit down and within 5 minutes this private banker, who BTW is Vice President on his card, comes over and greets me...I said I have a large amount of foreign currency and can you let me know when you will be able to exchange this currency. I didn't say dinar...I said I know we're getting close...with Chase being the number one bank in Iraq. He looked at me and grinned and he said, I've got a couple other clients just like you. [Post 1 of 2....stay tuned]
2-7-2024 Intel Guru RayRen98 3 LETTER GUYS ARE INDICATING THAT THE DINAR RATE IS STILL SET FOR $4.81 BUT MAY TEMPORARILY INTRODUCE LOWER...THEY ARE "WATCHING THE CLOCK"
2-7-2024 Intel Guru MarkZ [via PDK] “Vietnam pushes the Us to grant them market economy status” This could lead to the increase of the value of the Vietnamese dong. The US state dept has called upon Vietnam to raise the value of their currency.
2-7-2024 Newshound Guru Clare Article "Iraq increased its possession of the yellow metal to more than 142 tons" Quote "Iraq announced the purchase of gold in the year 2023, amounting to approximately 12.25 tons."
2-7-2024 Intel Guru MarkZ [via PDK] Comment: Still hearing they are showing the new lower denoms in Iraq at the banks. MarkZ: I had heard they are showing the specimen sheets at all the banks…and I am not the only one hearing that.
2-7-2024 Intel Guru Frank26 If I was the CBI within the next couple of weeks, no later sometime in this month, I would have banks show the Iraqi citizens practice currency sheets in the banks...so they can practice with the citizens of Iraq.
2-7-2024 Newshound Guru Militia Man We're in the process of watching it unfold...Everybody should be able to be excited because the news is collectively showing Iraq is moving to a private sector/market economy and there's partnerships with the public to be able to facilitate it.
2-7-2024 Newshound Guru Kaperoni I remind people again Iraq's entire net worth including all minerals in the ground including oil is only worth about $16 trillion dollars. With over 100 trillion dinar in circulation Iraq could never RV the dinar! Only with the success and growth of Iraq's economy and private-sector can the dinar go up in value. It could go up gradually over time as Iraq's GDP increases.
2-7-2024 Newshound Guru Sandy Ingram The CBI must carefully manage the timing of revaluation...[Iraq] has over $100 billion in foreign currency reserves. The IMF has continually said Iraq needs more income streams to offset the oil industry. The Development Road Project and several other manufacturing projects are all a part of increasing Iraq's income streams.
2-7-2024 Intel Guru MarkZ [via PDK] Article: “Central Bank of Iraq is facilitating transfers” ...this has to do with the electronic platforms...the claim that they made...by government officials that Iraq has the most modern system in the entire middle east. This is big...It means that government officials will not be able to embezzle etc…this system will be very transparent for the people. This is a key part before they usually revalue currencies.
2-7-2024 Newshound Guru Pimpy I already said this about the World Trade Organization - There is no certain exchange rate that you must have to get into the World Trade Organization. What they're looking for is an exchange rate that's very stable. Although...IMO I'm pretty sure they would prefer it if you didn't have so many zeros.
2-7-2024 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" Separate article quote: "The World Bank confirmed on Wednesday that the infrastructure for electronic payment systems in Iraq is the best in the region."
2-7-2024 Intel Guru Frank26 I email them from time to time and give them an update on what's going on...He said you know there's been a lot of speculation on the foreign currencies and when they were going to revalue. He never said it was a scam. He looked at me and grinned. He said we will be in touch with you. Then I said to him, let me ask you something, nothing against your other locations but how come they haven't treated me this way? They know who I am. I go there all the time. He said, this particular site is set up to help customers like you. He said, 'we are directly tied to JP Morgan in New York. This is how we operate this site'...You get that feeling when you're sat in front of these people that something's going on now and they may not be able to tell you all of it but they know who has what... [Post 2 of 2]
2-7-2024 Intel Guru Frank26 [Fort Worth Chase Bank Story] BANK VISITOR: I went to one of the largest Chase Banks in Dallas. This bank is different than I've ever seen. It was two stories and upstairs there was many window you couldn't see into. FRANK: A lot of banks are metamorphosizing their environment in order to be part of the exchange process... BANK VISITOR: I go and sit down and within 5 minutes this private banker, who BTW is Vice President on his card, comes over and greets me...I said I have a large amount of foreign currency and can you let me know when you will be able to exchange this currency. I didn't say dinar...I said I know we're getting close...with Chase being the number one bank in Iraq. He looked at me and grinned and he said, I've got a couple other clients just like you. [Post 1 of 2....stay tuned]
2-7-2024 Intel Guru RayRen98 3 LETTER GUYS ARE INDICATING THAT THE DINAR RATE IS STILL SET FOR $4.81 BUT MAY TEMPORARILY INTRODUCE LOWER...THEY ARE "WATCHING THE CLOCK"
2-7-2024 Intel Guru MarkZ [via PDK] “Vietnam pushes the Us to grant them market economy status” This could lead to the increase of the value of the Vietnamese dong. The US state dept has called upon Vietnam to raise the value of their currency.
2-6-2024 Newshound Guru Clare Article: 'Approaching official'... Sudanese advisor reveals steps to reduce exchange rates in the parallel market" Quote: "He stressed that "there is a clear trend and encouraging beginnings in which the parallel market has begun to approach the official exchange market"
2-6-2024 Intel Guru MarkZ [via PDK] I have had so many people in the banking world telling me this is our month. Nobody knows the timing but my gut is screaming they are spot on. I think we are in our last few weeks …or days.
2-6-2024 Newshound Guru Pimpy Corruption is one of Vietnam's biggest problems. It's a lot worse than Iraq is but definitely Vietnam is much further along as far as where their economy is, them not being under any kind of sanctions. They just need an incentive to want to increase the value of their Vietnam dong.
2-6-2024 Intel Guru Frank26 If I was the CBI I would tell all my children that I'm going to give them pictures of the new small category notes that are about to come out...If I was the CBI I would not give them the exchange rate and the new currency together...the last thing we need is mass confusion...If I was the CBI... Last Tuesday and Friday I would have told all my children, all my banks that within the next week or so to be prepared...If I was the CBI I would say the next phase in the monetary reform is to make sure everybody outside of Iraq understands that we are about to retrieve our 3-zero notes...Iraqi citizens are already being told to do this.
2-6-2024 Newshound Guru Militia Man Article quote: "Iraq is better off now every than it's in its financial history." Even at a program rate, even at where we've been and what we've seen the central bank has probably done the job that they said they were going to do...Bottom line is Iraq has reserves...gold..more natural resources found, probably proven or probably...That is huge.
2-6-2024 Intel Guru MarkZ [via PDK] In Iraq we are being told “Denomination specimen sheets” are being shown in banks in Iraq. This is a sheet showing the new money and pictures of all the features on the new lower denominations...If Iraqi banks are indeed doing this…we are awfully close.
2-6-2024 Newshound Guru Clare Article: "A government advisor details indicators of the efficiency of foreign reserves: Iraq is in the best financial condition" Quote: "All indicators of the efficiency of foreign reserves mentioned above indicate that Iraq today is in the best condition in its financial history."
2-6-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] Aki [and his boss Number One] went to the meeting on Thursday with everybody else that represents banks in Iraq. The one question we had for them, 'Gentlemen, we've been seeing some articles that are suggesting maybe we're looking at about two more months away...' [they answered] 'NO! Who told you that!'
2-6-2024 Newshound Guru Pimpy Is it possible the exchange rate of the Iraqi dinar increases and for whatever reason we can't benefit from it over here in the west? ...I want to make money off the Iraqi dinar but not at the expense of the Iraqi people. The thing that's most important is that the people in Iraq prosper from this, they've been suffering a long time...As far as the people in the west not getting a taste of this wealth, the only thing I can think of is the exchange rate changing and for whatever reason Iraq is still on sanctions so we have a hard time finding a place to exchange our Iraqi dinar because a lot of people aren't going to have the money to go fly elsewhere to exchange...That would be a scenario I think that could play out...
2-6-2024 Intel Guru Frank26 [Georgia Truist Bank story follow up from last week] BANK VISITOR: The lady I was supposed to be speaking with was out with the flu... [A new financial advisor] calls me and honestly it was a little confusing because the guy...acts like he didn't know anything. In fact...he said...I'm pretty sure this is a hoax. FRANK: First recording [story]...the lady says we know, we're preparing. Here is at the same bank with another officer that says [the opposite]...The same bank, you had people that know what's going on and then you have another person that doesn't know what's going on. One gives positive information and one gives negative information. They're both from the same source. That's the problem with a speculative investment. The evidence is out. It's not a secret...
2-6-2024 Newshound/Intel Guru Mnt Goat ...the rate will be whatever it is in the QFS system when the time comes to reinstate it. This will be the starting rate. All they need to do is bring it over to FOREX by mapping it from the QFS. It is a simple process. It will most likely be around $3-$4 when it does come out...Yes, when the IQD rate does come out, it could vary but only a drastic change in the price of oil will affect it. However, the projection is for the price of oil to hover around $70-90 this year which will still produce an IQD rate well within the range we investors want... [Post 2 of 2]
2-6-2024 Newshound/Intel Guru Mnt Goat ...I talked to my CBI contact...I was told the rate will be determined just as it has been determined all along by the new asset backed Quantum Financial System (QFS) now in place. It was put in place from 2011-2012 and now running daily. Only technically they have not yet linked or mapped these new rates into the foreign currency exchanges as of yet. This is what we are waiting for. Not all the rates will come over at once and many call them “baskets” or “groups” of currencies. The plan is for the years to come to slowly roll out these new rates and map them to the foreign exchanges as the new market rates... [Post 1 of 2....stay tuned]
2-6-2024 Intel Guru RayRen98 REPORTS ARE COMING IN THAT THE PACE OF THE RATE INCREMENTS HAS INCREASED....LATER THIS WEEK LOOKS EXTREMELY FAVORABLE. EXTREMELY!!!
2-6-2024 Intel Guru MarkZ Question: Will we pay a service fee at the redemption center? MarkZ: I am told at participating redemption banks/ centers we will have a pre-negotiated rate. Which will be more favorable for us then regular bank spreads of up to 10%. That is what I was told from banking personnel who have trained for this.
2-6-2024 Intel Guru MarkZ [via PDK] I have had so many people in the banking world telling me this is our month. Nobody knows the timing but my gut is screaming they are spot on. I think we are in our last few weeks …or days.
2-6-2024 Newshound Guru Pimpy Corruption is one of Vietnam's biggest problems. It's a lot worse than Iraq is but definitely Vietnam is much further along as far as where their economy is, them not being under any kind of sanctions. They just need an incentive to want to increase the value of their Vietnam dong.
2-6-2024 Intel Guru Frank26 If I was the CBI I would tell all my children that I'm going to give them pictures of the new small category notes that are about to come out...If I was the CBI I would not give them the exchange rate and the new currency together...the last thing we need is mass confusion...If I was the CBI... Last Tuesday and Friday I would have told all my children, all my banks that within the next week or so to be prepared...If I was the CBI I would say the next phase in the monetary reform is to make sure everybody outside of Iraq understands that we are about to retrieve our 3-zero notes...Iraqi citizens are already being told to do this.
2-6-2024 Newshound Guru Militia Man Article quote: "Iraq is better off now every than it's in its financial history." Even at a program rate, even at where we've been and what we've seen the central bank has probably done the job that they said they were going to do...Bottom line is Iraq has reserves...gold..more natural resources found, probably proven or probably...That is huge.
2-6-2024 Intel Guru MarkZ [via PDK] In Iraq we are being told “Denomination specimen sheets” are being shown in banks in Iraq. This is a sheet showing the new money and pictures of all the features on the new lower denominations...If Iraqi banks are indeed doing this…we are awfully close.
2-6-2024 Newshound Guru Clare Article: "A government advisor details indicators of the efficiency of foreign reserves: Iraq is in the best financial condition" Quote: "All indicators of the efficiency of foreign reserves mentioned above indicate that Iraq today is in the best condition in its financial history."
2-6-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] Aki [and his boss Number One] went to the meeting on Thursday with everybody else that represents banks in Iraq. The one question we had for them, 'Gentlemen, we've been seeing some articles that are suggesting maybe we're looking at about two more months away...' [they answered] 'NO! Who told you that!'
2-6-2024 Newshound Guru Pimpy Is it possible the exchange rate of the Iraqi dinar increases and for whatever reason we can't benefit from it over here in the west? ...I want to make money off the Iraqi dinar but not at the expense of the Iraqi people. The thing that's most important is that the people in Iraq prosper from this, they've been suffering a long time...As far as the people in the west not getting a taste of this wealth, the only thing I can think of is the exchange rate changing and for whatever reason Iraq is still on sanctions so we have a hard time finding a place to exchange our Iraqi dinar because a lot of people aren't going to have the money to go fly elsewhere to exchange...That would be a scenario I think that could play out...
2-6-2024 Intel Guru Frank26 [Georgia Truist Bank story follow up from last week] BANK VISITOR: The lady I was supposed to be speaking with was out with the flu... [A new financial advisor] calls me and honestly it was a little confusing because the guy...acts like he didn't know anything. In fact...he said...I'm pretty sure this is a hoax. FRANK: First recording [story]...the lady says we know, we're preparing. Here is at the same bank with another officer that says [the opposite]...The same bank, you had people that know what's going on and then you have another person that doesn't know what's going on. One gives positive information and one gives negative information. They're both from the same source. That's the problem with a speculative investment. The evidence is out. It's not a secret...
2-6-2024 Newshound/Intel Guru Mnt Goat ...the rate will be whatever it is in the QFS system when the time comes to reinstate it. This will be the starting rate. All they need to do is bring it over to FOREX by mapping it from the QFS. It is a simple process. It will most likely be around $3-$4 when it does come out...Yes, when the IQD rate does come out, it could vary but only a drastic change in the price of oil will affect it. However, the projection is for the price of oil to hover around $70-90 this year which will still produce an IQD rate well within the range we investors want... [Post 2 of 2]
2-6-2024 Newshound/Intel Guru Mnt Goat ...I talked to my CBI contact...I was told the rate will be determined just as it has been determined all along by the new asset backed Quantum Financial System (QFS) now in place. It was put in place from 2011-2012 and now running daily. Only technically they have not yet linked or mapped these new rates into the foreign currency exchanges as of yet. This is what we are waiting for. Not all the rates will come over at once and many call them “baskets” or “groups” of currencies. The plan is for the years to come to slowly roll out these new rates and map them to the foreign exchanges as the new market rates... [Post 1 of 2....stay tuned]
2-6-2024 Intel Guru RayRen98 REPORTS ARE COMING IN THAT THE PACE OF THE RATE INCREMENTS HAS INCREASED....LATER THIS WEEK LOOKS EXTREMELY FAVORABLE. EXTREMELY!!!
2-6-2024 Intel Guru MarkZ Question: Will we pay a service fee at the redemption center? MarkZ: I am told at participating redemption banks/ centers we will have a pre-negotiated rate. Which will be more favorable for us then regular bank spreads of up to 10%. That is what I was told from banking personnel who have trained for this.
2-5-2024 Newshound Guru Pimpy Didn't Pimpy say there might be some slight changes to the Iraq dinar exchange rate within the first quarter? Yeah, I stick to that story. I don't think it's going to be anything significant. It's going to go up in increments if they do change the exchange rate. No where out there does it say that's what they're going to do...That'd be really nice if they did but it ain't going to be any major changes if they do it at all.
2-5-2024 Intel Guru Frank26 The moment this news is out every good person and every bad person will know. Bad people look for opportunities to take advantage of good people...Make sure you get a lawyer and a team put together. That team, it's what you want. I will have lawyers, accountants, IRS agent that I know, security. I will have a security team leader with me...to protect my wife and I. You're becoming something different. You're becoming very valuable. A lot of evil people take advantage of good people...
2-5-2024 Intel Guru MarkZ [via PDK] This one banking story...A person made contact with a manager in a financial institution…The manager told them to try to relax...it will happen sooner than you think…and I expect it to happen in the month of February. This is from a trained person in the banking system.
2-5-2024 Newshound Guru Militia Man The Iraqi Central Bank is not going to come out and say, 'by the way you guys, tomorrow we're going to come out and drop the three zeros and guess what it's going to be at X [rate].' They're not going to do that. Nor is the...Finance Minister going to say, 'Hey by the way, I'm going to order the Central Bank of Iraq to what they got to to to change the value of the currency.' Nor is the US Treasury, US Federal Reserve, World Bank, IMF or Bank of International Settlements...
2-5-2024 Newshound Guru Fnu Lnu When you sanction a country so badly that they have children starving and practically no medical supplies, let alone a currency that was worth less than toilet paper, people will do as they must...This is why Iraq has such a problem with criminal activity. Two generations have grown up in the shadows doing what they must to be able to eat and have medicine...Prosperity is the only remedy for a criminal nation. When people have jobs, make money, can feed their families, and have pride in their lives, they seldom turn to crime. This is where Iraq is now. Only a speedy and sufficient revaluation of the currency will bring Iraq back to the land of the living.
2-5-2024 Newshound Guru Pimpy Article: "8 Iraqi banks banned from participating in the window of buying and selling foreign currency" Eight banks were banned from the currency auctions...My guess is they got caught taking money over to Iran. That's usually what happens.
2-5-2024 Newshound Guru Henig Reuters Article "Iraq bans 8 local banks from US dollar transactions" Quote: "Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official."
2-5-2024 Newshound Guru Samson Article: ”Document... banning 8 Iraqi banks from participating in the foreign currency buying and selling window"
2-5-2024 Intel Guru MarkZ [via PDK] A lot of news coming out of Iraq this weekend. A lot of it about Iraq’s economic prowess. They are now ranked the 7th central bank in buying metals. Think about that. They are not in the G7 or the G20…but they are the 7th largest purchaser of gold bullion. This is amazing. They also point out that their oil revenues are now surpassing Saudi Arabia in exports to the US. There are a number of articles pointing out how financially secure is Iraq. To me this is a precursor to a change of value in their currency.
2-5-2024 Intel Guru Frank26 IMO this week they're giving the government of Iraq everything needed to fund the budget. The Central Bank of Iraq has finished with all its meeting... with all of its meeting with all of the people that are part of the monetary reform. All of the contracts are also in position, waiting for this to happen as well.
2-5-2024 Newshound Guru Pimpy I'm sure by now you've heard already the United States is striking more targets...What we don't want to see is things escalating. There was an emergency meeting called to figure out what it is Iraq wants to do or needs to do. What we hope is their decision is not to enter into a conflict with the United States.
2-5-2024 Intel Guru RayRen98 GOOD NEWS: A TOP SOURCE SAYS THAT THE BOMBINGS WERE "ACCOUNTED FOR" IN THE PLANNED RELEASE OF THE RV. SO, IT APPEARS THAT EVERYTHING IS "ON SCHEDULE" AS WE WERE INFORMED.
2-5-2024 Intel Guru Frank26 The moment this news is out every good person and every bad person will know. Bad people look for opportunities to take advantage of good people...Make sure you get a lawyer and a team put together. That team, it's what you want. I will have lawyers, accountants, IRS agent that I know, security. I will have a security team leader with me...to protect my wife and I. You're becoming something different. You're becoming very valuable. A lot of evil people take advantage of good people...
2-5-2024 Intel Guru MarkZ [via PDK] This one banking story...A person made contact with a manager in a financial institution…The manager told them to try to relax...it will happen sooner than you think…and I expect it to happen in the month of February. This is from a trained person in the banking system.
2-5-2024 Newshound Guru Militia Man The Iraqi Central Bank is not going to come out and say, 'by the way you guys, tomorrow we're going to come out and drop the three zeros and guess what it's going to be at X [rate].' They're not going to do that. Nor is the...Finance Minister going to say, 'Hey by the way, I'm going to order the Central Bank of Iraq to what they got to to to change the value of the currency.' Nor is the US Treasury, US Federal Reserve, World Bank, IMF or Bank of International Settlements...
2-5-2024 Newshound Guru Fnu Lnu When you sanction a country so badly that they have children starving and practically no medical supplies, let alone a currency that was worth less than toilet paper, people will do as they must...This is why Iraq has such a problem with criminal activity. Two generations have grown up in the shadows doing what they must to be able to eat and have medicine...Prosperity is the only remedy for a criminal nation. When people have jobs, make money, can feed their families, and have pride in their lives, they seldom turn to crime. This is where Iraq is now. Only a speedy and sufficient revaluation of the currency will bring Iraq back to the land of the living.
2-5-2024 Newshound Guru Pimpy Article: "8 Iraqi banks banned from participating in the window of buying and selling foreign currency" Eight banks were banned from the currency auctions...My guess is they got caught taking money over to Iran. That's usually what happens.
2-5-2024 Newshound Guru Henig Reuters Article "Iraq bans 8 local banks from US dollar transactions" Quote: "Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official."
2-5-2024 Newshound Guru Samson Article: ”Document... banning 8 Iraqi banks from participating in the foreign currency buying and selling window"
2-5-2024 Intel Guru MarkZ [via PDK] A lot of news coming out of Iraq this weekend. A lot of it about Iraq’s economic prowess. They are now ranked the 7th central bank in buying metals. Think about that. They are not in the G7 or the G20…but they are the 7th largest purchaser of gold bullion. This is amazing. They also point out that their oil revenues are now surpassing Saudi Arabia in exports to the US. There are a number of articles pointing out how financially secure is Iraq. To me this is a precursor to a change of value in their currency.
2-5-2024 Intel Guru Frank26 IMO this week they're giving the government of Iraq everything needed to fund the budget. The Central Bank of Iraq has finished with all its meeting... with all of its meeting with all of the people that are part of the monetary reform. All of the contracts are also in position, waiting for this to happen as well.
2-5-2024 Newshound Guru Pimpy I'm sure by now you've heard already the United States is striking more targets...What we don't want to see is things escalating. There was an emergency meeting called to figure out what it is Iraq wants to do or needs to do. What we hope is their decision is not to enter into a conflict with the United States.
2-5-2024 Intel Guru RayRen98 GOOD NEWS: A TOP SOURCE SAYS THAT THE BOMBINGS WERE "ACCOUNTED FOR" IN THE PLANNED RELEASE OF THE RV. SO, IT APPEARS THAT EVERYTHING IS "ON SCHEDULE" AS WE WERE INFORMED.
2-4-2024 Newshound Guru Pimpy Where do you exchange your currency? It's going to be at your local [bank] branch. There are no redemption centers. Some places won't charge you fees depending on how much. Some of them have a flat rate.
2-4-2024 Intel Guru Frank26 How many times have we heard words electronic payment platform? ...We keep hearing it constantly because that's the phase that the monetary reform is at right now. It is preparing the vehicle where the dinar will get into it and drive out of the country domestically into an international market that will increase the value of the Iraqi dinar based on supply and demand...
2-4-2024 Newshound Guru Sandy Ingram Furthermore...Neighboring countries may retaliate by imposing tariffs or restrictions in response to Iraq's higher value in currency...A sudden revaluation potentially could destabilize other currencies...Iraq could have a domino effect on the economies and currency values of countries like the U.S., China and Russia because these countries hold significant amounts of dinar in their reserves...The central bank of Iraq is under tremendous pressure to fit in when it comes to the revaluation of its currency. [Post 2 of 2]
2-4-2024 Newshound Guru Sandy Ingram These are some of the major factors holding up the Iraqi dinar revalue...There's a lot at stake...First...Iraq relies on its oil export for revenue...If oil prices were to decrease suddenly, it could cause a drain on Iraq's foreign exchange reserves as they try to stabilize their currency's value...Second...Iraq's political stability and security issues... Uncertainties make it challenging for investors to trust...making them hesitant to buy the dinar...Thirdly...A sudden and significant increase in their currency's value could adversely affect their exports and trade balances. It could also lead to inflation... Balancing the exports and trade revenue is one of the key factors in deciding and implementing a currency revaluation. [Post 1 of 2....stay tuned]
2-4-2024 Newshound Guru Clare Article: "A government advisor details indicators of the efficiency of foreign reserves: Iraq is in the best financial condition" Quote: "...The financial advisor to the Prime Minister, Mazhar Muhammad Salih, detailed indicators of the efficiency of foreign reserves, while confirming that they indicate that Iraq today is better off in its financial history"
2-4-2024 Newshound Guru Pimpy What they're trying to do is a study of the deletion of the zeros. They're trying to figure out how this is going to affect Iraq, to make sure they are in a position to go ahead and remove the zeros off the Iraqi dinar - currency, not the exchange rate. Because once they make that decision...the citizens are going to be a little confused, there's going to be a slight interruption to the economy and to businesses who have to change all their bookkeeping as well as prices throughout Iraq...You need to educate the Iraqi people about what's going on...
2-4-2024 Intel Guru MarkZ [via PDK] ...coming out of Iraq: “Contract signed for new residential city near Baghdad” Will include more than 100,000 units. They are busy working on housing for their people. This is a large scale project worth big bucks…. How are they going to pay for it???
2-4-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] Aki's orders for the month of January 1st to 31st were to establish all the electronic stuff for the monetary reform, to send the IQD internationally either via 1. a basket in a float 2. Stock Exchange. 3. Global supply and demand. Aki's role is strictly in three phases as well and he is ready. 1. Collect the IQDs for destruction by the CBI. 2. Exchange 3-zero notes into American currency. 3. He will not issue lower denoms. It is mathematically impossible...
2-4-2024 Newshound Guru Militia Man Article: "Postponing Electronic Application for Housing Funds" They told us they were going to build hundreds of thousands of homes. They were going to have loans ready for them but they decided to postpone it. Quote "...until new mechanisms for getting loans is approved...' What's that about? You were going to open up for loans for hundreds of thousands of housing units but you posted it for a 'mechanism'. What's their definition of mechanism? They don't say but we have to think - Writing up a mortgage at 1310 exchange rate and that changing the next day creates a problem...They need to know how much.
2-4-2024 Newshound Guru Pimpy We know Iraq is doing everything possible to get back on track and in the good graces of the international community. The problem is they got Iran as one of their neighbors...that keeps bringing all kinds of conflict into their country...Turkey...the Untied States as well as Iran have done bombings inside Iraq. All this is against their sovereignty. These are acts of war. There's not a whole lot Iraq can do about it...The last thing you want to see is Iraq all of a sudden become unstable.
2-4-2024 Intel Guru Frank26 Let's say you have 10-20 million dinars and you take it to a bank and you exchange it. No bank in the United States of America is going to hold your millions in their bank. Not physically and probably not electronically...You cannot park that much money in an American Bank. You may have to exchange your money in stages. You have to find protection for you money. The bank is not going to let you put more than they can cover in their bank...Some banks may change that and say we can cover that. Ask the bank... [Look into] Treasury Bonds, annuities...trust funds, property...precious metals...I'm going to diversity in these and many others. [NOTE: Consult your financial advisors at the appropriate time about a diversification strategy that's right for your unique exchange amounts and circumstances.]
2-4-2024 Intel Guru Frank26 How many times have we heard words electronic payment platform? ...We keep hearing it constantly because that's the phase that the monetary reform is at right now. It is preparing the vehicle where the dinar will get into it and drive out of the country domestically into an international market that will increase the value of the Iraqi dinar based on supply and demand...
2-4-2024 Newshound Guru Sandy Ingram Furthermore...Neighboring countries may retaliate by imposing tariffs or restrictions in response to Iraq's higher value in currency...A sudden revaluation potentially could destabilize other currencies...Iraq could have a domino effect on the economies and currency values of countries like the U.S., China and Russia because these countries hold significant amounts of dinar in their reserves...The central bank of Iraq is under tremendous pressure to fit in when it comes to the revaluation of its currency. [Post 2 of 2]
2-4-2024 Newshound Guru Sandy Ingram These are some of the major factors holding up the Iraqi dinar revalue...There's a lot at stake...First...Iraq relies on its oil export for revenue...If oil prices were to decrease suddenly, it could cause a drain on Iraq's foreign exchange reserves as they try to stabilize their currency's value...Second...Iraq's political stability and security issues... Uncertainties make it challenging for investors to trust...making them hesitant to buy the dinar...Thirdly...A sudden and significant increase in their currency's value could adversely affect their exports and trade balances. It could also lead to inflation... Balancing the exports and trade revenue is one of the key factors in deciding and implementing a currency revaluation. [Post 1 of 2....stay tuned]
2-4-2024 Newshound Guru Clare Article: "A government advisor details indicators of the efficiency of foreign reserves: Iraq is in the best financial condition" Quote: "...The financial advisor to the Prime Minister, Mazhar Muhammad Salih, detailed indicators of the efficiency of foreign reserves, while confirming that they indicate that Iraq today is better off in its financial history"
2-4-2024 Newshound Guru Pimpy What they're trying to do is a study of the deletion of the zeros. They're trying to figure out how this is going to affect Iraq, to make sure they are in a position to go ahead and remove the zeros off the Iraqi dinar - currency, not the exchange rate. Because once they make that decision...the citizens are going to be a little confused, there's going to be a slight interruption to the economy and to businesses who have to change all their bookkeeping as well as prices throughout Iraq...You need to educate the Iraqi people about what's going on...
2-4-2024 Intel Guru MarkZ [via PDK] ...coming out of Iraq: “Contract signed for new residential city near Baghdad” Will include more than 100,000 units. They are busy working on housing for their people. This is a large scale project worth big bucks…. How are they going to pay for it???
2-4-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] Aki's orders for the month of January 1st to 31st were to establish all the electronic stuff for the monetary reform, to send the IQD internationally either via 1. a basket in a float 2. Stock Exchange. 3. Global supply and demand. Aki's role is strictly in three phases as well and he is ready. 1. Collect the IQDs for destruction by the CBI. 2. Exchange 3-zero notes into American currency. 3. He will not issue lower denoms. It is mathematically impossible...
2-4-2024 Newshound Guru Militia Man Article: "Postponing Electronic Application for Housing Funds" They told us they were going to build hundreds of thousands of homes. They were going to have loans ready for them but they decided to postpone it. Quote "...until new mechanisms for getting loans is approved...' What's that about? You were going to open up for loans for hundreds of thousands of housing units but you posted it for a 'mechanism'. What's their definition of mechanism? They don't say but we have to think - Writing up a mortgage at 1310 exchange rate and that changing the next day creates a problem...They need to know how much.
2-4-2024 Newshound Guru Pimpy We know Iraq is doing everything possible to get back on track and in the good graces of the international community. The problem is they got Iran as one of their neighbors...that keeps bringing all kinds of conflict into their country...Turkey...the Untied States as well as Iran have done bombings inside Iraq. All this is against their sovereignty. These are acts of war. There's not a whole lot Iraq can do about it...The last thing you want to see is Iraq all of a sudden become unstable.
2-4-2024 Intel Guru Frank26 Let's say you have 10-20 million dinars and you take it to a bank and you exchange it. No bank in the United States of America is going to hold your millions in their bank. Not physically and probably not electronically...You cannot park that much money in an American Bank. You may have to exchange your money in stages. You have to find protection for you money. The bank is not going to let you put more than they can cover in their bank...Some banks may change that and say we can cover that. Ask the bank... [Look into] Treasury Bonds, annuities...trust funds, property...precious metals...I'm going to diversity in these and many others. [NOTE: Consult your financial advisors at the appropriate time about a diversification strategy that's right for your unique exchange amounts and circumstances.]
2-3-2024 Intel Guru Frank26 Article "Securities: Electronic payment outlets are witnessing significant progress" There is a massive volume of dinars being moved electronically around the world in many banks.
2-3-2024 Newshound Guru Pimpy People are like, ‘Are we going to get this rate reinstated?’ You don’t want that $3.22 rate to happen because you know what they’re going do? They’ll delete the zeros first, swap out the currencies and then change the exchange rate. What you should hope should happen is we get to keep the same dinars that we have now and they keep going up in increments. Then we have the value of the extra three zeros on there…
2-3-2024 Newshound Guru Militia Man Iraq is doing a phenomenal job...Thinking that this is never going to get done? And we have issues? Well of course. The Middle East has always got issues. But are they getting better? Yeah...Anybody and everybody that owns the Iraqi dinar...should have an idea where the Development Road Project is headed and where where their outlets are in the Mediterranean and in Europe. It'll make you wake up.
2-3-2024 Newshound Guru Sandy Ingram Kuwait receives oil revenue in its currency. Wrong. Kuwait is a member of OPEC and receive its oil revenue in US dollars just like Iraq. It's all about how you spend your profits. This is why the IMF encourages Iraq to create more streams of income...
2-3-2024 Guru Nader From The Mid East A lot of people's comparing Iraq with Kuwait. Kuwait is only 4,400,000 people...they have 104 billion barrels of oil. Iraq has 140 billion barrels oil and this is only with the 4 or 5 manufacturers. The other ones are not working yet. Iraq from here to 2025 will almost 300 billion barrel of oil...
2-3-2024 Intel Guru Frank26 This week into next week many banks around the world are talking about what the CBI deliver to the GOI and they talk about it in Davos. They know when it's to be delivered, they know the rate, they know the date, they know everything. It is approaching us very very soon. It is highly possible we are right around that two month range based on what I know...It's going to explode. It's going to climb so quickly...It might happen so fast that it might jeopardize us. We need to make decision quick...
2-3-2024 Intel/Newshound Guru Holly Things are moving in the right direction and we are definitely looking good for this event to happen. I will not give a date when. Just sit tight and stay grounded till this happens.
2-3-2024 Newshound Guru Pimpy A LOP is the removal and deletion of the zeros...There's no difference between them. It's removing the zeros off the currency. I've challenged all these people million times, show me proof. Show us an article where it says the deletion, removal or lopping of the zeros is coming off the exchange and not the actual currency...
2-3-2024 Newshound Guru Militia Man When we say non-oil economy - Iraq's currency back in the day during Saddam Hussein was $3.22...I think everybody can agree with that...it's public information. That was on oil only. You didn't add in tourism...gold...reserves..natural gas...hydrogen... lithium...taxes and tariffs at the borders...Everybody that is invested in the Iraqi dinar...should know...these things to be evident and true...
2-3-2024 Intel Guru Frank26 [Chase Bank story] I went into Chase Bank to speak to the wealth manager... [I asked] Are you aware of the reinstatement of the Iraqi dinar? She looked at me and chuckled and said I just got out of a meeting on that...I started asking questions and she says, as a banker I cannot answer those question right now...personally I can tell you things are moving. She said, I will put you in my computer to call you in two months if I have not heard from you.
2-3-2024 Intel Guru Bruce [via WiserNow] ...redemption centers are ready. The rates have been coming up on the screens of banks and redemption centers...they are significantly higher at the redemption centers than the banks...And I think you guys will be more than pleased...
2-3-2024 Guest Guru Sah I think Iraq is finally getting it. What is safe in an international market going forward. They are finally listening the the World Bank and the IMF and not blowing them off. About time to get going in the right direction. Better late than ever.
2-3-2024 Newshound Guru Pimpy People are like, ‘Are we going to get this rate reinstated?’ You don’t want that $3.22 rate to happen because you know what they’re going do? They’ll delete the zeros first, swap out the currencies and then change the exchange rate. What you should hope should happen is we get to keep the same dinars that we have now and they keep going up in increments. Then we have the value of the extra three zeros on there…
2-3-2024 Newshound Guru Militia Man Iraq is doing a phenomenal job...Thinking that this is never going to get done? And we have issues? Well of course. The Middle East has always got issues. But are they getting better? Yeah...Anybody and everybody that owns the Iraqi dinar...should have an idea where the Development Road Project is headed and where where their outlets are in the Mediterranean and in Europe. It'll make you wake up.
2-3-2024 Newshound Guru Sandy Ingram Kuwait receives oil revenue in its currency. Wrong. Kuwait is a member of OPEC and receive its oil revenue in US dollars just like Iraq. It's all about how you spend your profits. This is why the IMF encourages Iraq to create more streams of income...
2-3-2024 Guru Nader From The Mid East A lot of people's comparing Iraq with Kuwait. Kuwait is only 4,400,000 people...they have 104 billion barrels of oil. Iraq has 140 billion barrels oil and this is only with the 4 or 5 manufacturers. The other ones are not working yet. Iraq from here to 2025 will almost 300 billion barrel of oil...
2-3-2024 Intel Guru Frank26 This week into next week many banks around the world are talking about what the CBI deliver to the GOI and they talk about it in Davos. They know when it's to be delivered, they know the rate, they know the date, they know everything. It is approaching us very very soon. It is highly possible we are right around that two month range based on what I know...It's going to explode. It's going to climb so quickly...It might happen so fast that it might jeopardize us. We need to make decision quick...
2-3-2024 Intel/Newshound Guru Holly Things are moving in the right direction and we are definitely looking good for this event to happen. I will not give a date when. Just sit tight and stay grounded till this happens.
2-3-2024 Newshound Guru Pimpy A LOP is the removal and deletion of the zeros...There's no difference between them. It's removing the zeros off the currency. I've challenged all these people million times, show me proof. Show us an article where it says the deletion, removal or lopping of the zeros is coming off the exchange and not the actual currency...
2-3-2024 Newshound Guru Militia Man When we say non-oil economy - Iraq's currency back in the day during Saddam Hussein was $3.22...I think everybody can agree with that...it's public information. That was on oil only. You didn't add in tourism...gold...reserves..natural gas...hydrogen... lithium...taxes and tariffs at the borders...Everybody that is invested in the Iraqi dinar...should know...these things to be evident and true...
2-3-2024 Intel Guru Frank26 [Chase Bank story] I went into Chase Bank to speak to the wealth manager... [I asked] Are you aware of the reinstatement of the Iraqi dinar? She looked at me and chuckled and said I just got out of a meeting on that...I started asking questions and she says, as a banker I cannot answer those question right now...personally I can tell you things are moving. She said, I will put you in my computer to call you in two months if I have not heard from you.
2-3-2024 Intel Guru Bruce [via WiserNow] ...redemption centers are ready. The rates have been coming up on the screens of banks and redemption centers...they are significantly higher at the redemption centers than the banks...And I think you guys will be more than pleased...
2-3-2024 Guest Guru Sah I think Iraq is finally getting it. What is safe in an international market going forward. They are finally listening the the World Bank and the IMF and not blowing them off. About time to get going in the right direction. Better late than ever.
2-2-2024 Intel Guru Frank26 Have I not been telling you for a long time now the next phase for you as an investor in the Iraqi dinar is going to be the most difficult phase. Many of you unfortunately only want to buy the dinar to get rich. It's like buying a gun - If you don't know how to use it you can hurt yourself or someone else. You bought the Iraq dinar...I have been begging you to put a team together. [NOTE: At the appropriate time consult great financial Advisors, tax attorneys, tax professionals to build the best exchange strategy for your unique circumstances.]
2-2-2024 Intel Guru MarkZ [via PDK] There is no negative news and groups still have high expectations. A lot of NDA’s but no word on timing as of yet.
2-2-2024 Newshound Guru Pimpy Even with Kuwait 90% of their budget is on the sale of oil. Where Iraq gets hurt and Kuwait doesn’t, if the oil prices dropped. That’s what happened at the end of 2019 and 2020. Their [Iraq’s] …economy was going to crash. They had to devalue the currency and it saved them. With Kuwait, that’s not going to happen. Their Wealth Fund is something they can fall back on…Iraq cannot do that…Iraq is going to get there no doubt about it…We want it to go up in increments and keep the same currency we have…
2-2-2024 Newshound Guru Sandy Ingram Kuwait, is a country that successfully revalued its currency in the early 90s. Following the Gulf War Kuwait's economy was in ruins, yet within a short span the Kuwaiti dinar was reinstated as one of the most valuable currencies in the world...Unlike Iraq, Kuwait had a relatively stable political environment and a resilient economy backed by vast oil reserves. The international community had faith in Kuwait's ability to rebuild and stabilize which facilitated the revaluation process...A stable political environment, a strong economy, a positive balance of trade and the trust of the international markets are all critical ingredients for successful revaluation. It's not a magic wand...
2-2-2024 Intel Guru Bruce [via WiserNow] ...we've heard from a couple of...sources that we should be there...with notifications by [Friday]...and maybe we do get started [Friday] or Saturday but we should go right through the weekend...I think that's great news for us...Even though we didn't get started [Thursday] like we had thought, like we had hoped...I was honestly surprised we were not going to get started [Wednesday]...So things are moving forward...I think it’s coming...I think it's got to, you just have to say super patient like we’ve been...
2-2-2024 Newshound/Intel Guru Walkingstick The Central Bank of Iraq is done with the constant meetings to get the monetary reform education out because the campaign was started and its doing very well.
2-2-2024 Intel Guru Frank26 Question: "What does canceling the auctions mean?" Iran used to use the CBI auctions to steal dinars. How? When oil is sold by Iraq...they have to receive payment in dollars. Iran would steal it in the auctions...The IMF, US Treasury, World Bank told them this is what you got to do before you release everything... The auctions that were used by terrorist to steal the life of Iraqi citizens has been changed.... metamorphosized. It is now under better control...If they try to steal something, the CBI knows right away and they get busted...that was called cleaning the floor of the CBI.
2-2-2024 Newshound Guru Samson Article: "US Secretary of Defense: We will not tolerate the killers of our soldiers, and the Middle East is going through a “dangerous moment”.
2-2-2024 Intel Guru MarkZ [via PDK] ...rumors...from every corner of the “blogisphere” …they are saying the CBI has released rates to the government of Iraq and Iraq has released those to all the central banks in the world including the US…and that everything is locked and loaded. That is the chatter.
2-2-2024 Newshound Guru Pimpy Auctions...are not about dumping the dollar. Currency auctions are held for a reason...They take the US dollar and sell them to banks and exchange for foreign currency. That's how they're able to build up their foreign currency reserves to...$115 billion. Not only that but it helps stabilize the Iraqi dinar exchange rate against other foreign currencies...This isn't about proof they're dumping the dollar...This is not about de-dollarization.
2-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: In summary [Firefly's] bank friend is telling him the parallel market is very soon to be nonexistent. FRANK: If the parallel market is gone then that means we don't have a program rate.
2-2-2024 Newshound/Intel Guru Mnt Goat Article: "THE FINANCE COMMITTEE RESPONDS TO THE US SANCTIONS: LET US SELL OIL IN
CURRENCIES OTHER THAN THE DOLLAR" Quote: "Imposing sanctions on Iraqi banks would undermine and obstruct the steps taken by the Central Bank to adjust the stability of the dollar exchange rate and reduce the selling gap between the official and parallel rates." ...the TRUTH finally comes out. This is what is causing the inability of the CBI to take the necessary steps to adjust the stability of the dollar exchange rate? ...if they the CBI did this diversification it would adjust the parallel market rate very quickly and then…..
2-2-2024 Intel Guru MarkZ [via PDK] There is no negative news and groups still have high expectations. A lot of NDA’s but no word on timing as of yet.
2-2-2024 Newshound Guru Pimpy Even with Kuwait 90% of their budget is on the sale of oil. Where Iraq gets hurt and Kuwait doesn’t, if the oil prices dropped. That’s what happened at the end of 2019 and 2020. Their [Iraq’s] …economy was going to crash. They had to devalue the currency and it saved them. With Kuwait, that’s not going to happen. Their Wealth Fund is something they can fall back on…Iraq cannot do that…Iraq is going to get there no doubt about it…We want it to go up in increments and keep the same currency we have…
2-2-2024 Newshound Guru Sandy Ingram Kuwait, is a country that successfully revalued its currency in the early 90s. Following the Gulf War Kuwait's economy was in ruins, yet within a short span the Kuwaiti dinar was reinstated as one of the most valuable currencies in the world...Unlike Iraq, Kuwait had a relatively stable political environment and a resilient economy backed by vast oil reserves. The international community had faith in Kuwait's ability to rebuild and stabilize which facilitated the revaluation process...A stable political environment, a strong economy, a positive balance of trade and the trust of the international markets are all critical ingredients for successful revaluation. It's not a magic wand...
2-2-2024 Intel Guru Bruce [via WiserNow] ...we've heard from a couple of...sources that we should be there...with notifications by [Friday]...and maybe we do get started [Friday] or Saturday but we should go right through the weekend...I think that's great news for us...Even though we didn't get started [Thursday] like we had thought, like we had hoped...I was honestly surprised we were not going to get started [Wednesday]...So things are moving forward...I think it’s coming...I think it's got to, you just have to say super patient like we’ve been...
2-2-2024 Newshound/Intel Guru Walkingstick The Central Bank of Iraq is done with the constant meetings to get the monetary reform education out because the campaign was started and its doing very well.
2-2-2024 Intel Guru Frank26 Question: "What does canceling the auctions mean?" Iran used to use the CBI auctions to steal dinars. How? When oil is sold by Iraq...they have to receive payment in dollars. Iran would steal it in the auctions...The IMF, US Treasury, World Bank told them this is what you got to do before you release everything... The auctions that were used by terrorist to steal the life of Iraqi citizens has been changed.... metamorphosized. It is now under better control...If they try to steal something, the CBI knows right away and they get busted...that was called cleaning the floor of the CBI.
2-2-2024 Newshound Guru Samson Article: "US Secretary of Defense: We will not tolerate the killers of our soldiers, and the Middle East is going through a “dangerous moment”.
2-2-2024 Intel Guru MarkZ [via PDK] ...rumors...from every corner of the “blogisphere” …they are saying the CBI has released rates to the government of Iraq and Iraq has released those to all the central banks in the world including the US…and that everything is locked and loaded. That is the chatter.
2-2-2024 Newshound Guru Pimpy Auctions...are not about dumping the dollar. Currency auctions are held for a reason...They take the US dollar and sell them to banks and exchange for foreign currency. That's how they're able to build up their foreign currency reserves to...$115 billion. Not only that but it helps stabilize the Iraqi dinar exchange rate against other foreign currencies...This isn't about proof they're dumping the dollar...This is not about de-dollarization.
2-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: In summary [Firefly's] bank friend is telling him the parallel market is very soon to be nonexistent. FRANK: If the parallel market is gone then that means we don't have a program rate.
2-2-2024 Newshound/Intel Guru Mnt Goat Article: "THE FINANCE COMMITTEE RESPONDS TO THE US SANCTIONS: LET US SELL OIL IN
CURRENCIES OTHER THAN THE DOLLAR" Quote: "Imposing sanctions on Iraqi banks would undermine and obstruct the steps taken by the Central Bank to adjust the stability of the dollar exchange rate and reduce the selling gap between the official and parallel rates." ...the TRUTH finally comes out. This is what is causing the inability of the CBI to take the necessary steps to adjust the stability of the dollar exchange rate? ...if they the CBI did this diversification it would adjust the parallel market rate very quickly and then…..
2-1-2024 Intel Guru Frank26 The month of January...was a month...to implement...restore...complete, the monetary mechanism that's being used to add value to the Iraqi dinar. That's what I sincerely felt January was about.
2-1-2024 Newshound Guru Militia Man We all know the progress is amazing ... Article quote: "Central Bank Governor says, we prevented banks and companies from obtaining the dollar and the work on the electronic platform will end during the current year." He didn't say at the end of the year. He said it's going to end during the currency year...The electronic platform is where you get the dollar that goes to the parallel market which is smuggled out of the country... He's going to cease that. Could that come any time? That very well could come at any time because tomorrow is during the current year...I believe Alaq is on a mission.
2-1-2024 Newshound/Intel Guru Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. All the things that Aki [Iraqi bank friend] had to do in order to qualify to exchange the 3-zero notes into American dollars is done. International platforms that were needed in order to do electronic transfers is done...
2-1-2024 Newshound Guru Sandy Ingram Reuters Article: "Iraq's Kataib Hezbollah says it suspends attacks on US forces" "Iran-aligned Iraqi armed group Kataib Hezbollah announced on Tuesday the suspension of all its military operations against U.S. troops in the region, in a decision aimed at preventing 'embarrassment' of the Iraqi government, the group said."
2-1-2024 Newshound Guru Clare Article: "Advisor to the Prime Minister: The financial situation in Iraq is stable and sound" Quote: "Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the future outlook for the financial situation in Iraq is stable, while indicating that oil market indicators are still more than 10% above the price specified in the budget until now"
2-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Big campaign to get citizens to trust the Iraqi banks starting today. FRANK: This is the last part of the monetary reform education. Congratulations!
2-1-2024 Newshound Guru Pimpy You've got people all going, yeah man this next budget they're going to increase the value [of the dinar] when they're now talking about possibly devaluing the Iraqi dinar. That's not set in stone but it's something they're contemplating. I'm not saying they're going to do it. I'm just saying it's on their mind. It really depends on how far down oil prices drops.
2-1-2024 Intel Guru MarkZ [via PDK] My Iraqi contacts have said that the CBI has sent the new rates to the government. So the rumor is the CBI has released the rates to the Iraqi government...I have heard similar things from US bankers - that all rates are now set and fixed. So imo it’s “any moment” A number of contacts are still remaining silent because they have signed an NDA.
2-1-2024 Newshound Guru Militia Man You're not going to LOP your currency. You're just not going to do that to your currency...Elementary school math will not allow Iraq's budget at 1310 to do any of this [Investments, reforms, reconstruction projects etc.]
2-1-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] This is the monetary reform roadmap for the next couple of weeks...January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens...Either Thursday or Friday the Minister of Planning, Minister of Finance, the Governor of the Central Bank of Iraq and the Prime Minister Sudani are all going to be receiving the flow down of information regarding the new currency that is to be released and the new exchange rate for that new currency...Also...the Erbil Stock Exchange (ESX) and The Iraqi Stock Exchange (ISX) have completed their linkup...of international platforms. They are done and going live at any moment.
2-1-2024 Newshound Guru tlm724 Article: "The Bank Of Jordan Links Iraq Through An Electronic System With Four Arab Countries" Quotes: "...Iraq is linked to an electronic system with four Arab countries, while indicating that the Central Bank is making great efforts to develop the banking sector in Iraq."; “...and I believe that they are moving at a very good speed to shorten the time gap, to reach the ranks of developed countries with these services.”
2-1-2024 Intel Guru MarkZ [via PDK] “The US Treasury requests Iraqi cooperation to limit funding for armed factions” This is all part of what’s going on as Iraq cleans up. And yesterday - again in Iraq - they started openly talking about the exchange rate and the value of the dinar.
2-1-2024 Newshound Guru Militia Man We all know the progress is amazing ... Article quote: "Central Bank Governor says, we prevented banks and companies from obtaining the dollar and the work on the electronic platform will end during the current year." He didn't say at the end of the year. He said it's going to end during the currency year...The electronic platform is where you get the dollar that goes to the parallel market which is smuggled out of the country... He's going to cease that. Could that come any time? That very well could come at any time because tomorrow is during the current year...I believe Alaq is on a mission.
2-1-2024 Newshound/Intel Guru Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. All the things that Aki [Iraqi bank friend] had to do in order to qualify to exchange the 3-zero notes into American dollars is done. International platforms that were needed in order to do electronic transfers is done...
2-1-2024 Newshound Guru Sandy Ingram Reuters Article: "Iraq's Kataib Hezbollah says it suspends attacks on US forces" "Iran-aligned Iraqi armed group Kataib Hezbollah announced on Tuesday the suspension of all its military operations against U.S. troops in the region, in a decision aimed at preventing 'embarrassment' of the Iraqi government, the group said."
2-1-2024 Newshound Guru Clare Article: "Advisor to the Prime Minister: The financial situation in Iraq is stable and sound" Quote: "Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the future outlook for the financial situation in Iraq is stable, while indicating that oil market indicators are still more than 10% above the price specified in the budget until now"
2-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Big campaign to get citizens to trust the Iraqi banks starting today. FRANK: This is the last part of the monetary reform education. Congratulations!
2-1-2024 Newshound Guru Pimpy You've got people all going, yeah man this next budget they're going to increase the value [of the dinar] when they're now talking about possibly devaluing the Iraqi dinar. That's not set in stone but it's something they're contemplating. I'm not saying they're going to do it. I'm just saying it's on their mind. It really depends on how far down oil prices drops.
2-1-2024 Intel Guru MarkZ [via PDK] My Iraqi contacts have said that the CBI has sent the new rates to the government. So the rumor is the CBI has released the rates to the Iraqi government...I have heard similar things from US bankers - that all rates are now set and fixed. So imo it’s “any moment” A number of contacts are still remaining silent because they have signed an NDA.
2-1-2024 Newshound Guru Militia Man You're not going to LOP your currency. You're just not going to do that to your currency...Elementary school math will not allow Iraq's budget at 1310 to do any of this [Investments, reforms, reconstruction projects etc.]
2-1-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] This is the monetary reform roadmap for the next couple of weeks...January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens...Either Thursday or Friday the Minister of Planning, Minister of Finance, the Governor of the Central Bank of Iraq and the Prime Minister Sudani are all going to be receiving the flow down of information regarding the new currency that is to be released and the new exchange rate for that new currency...Also...the Erbil Stock Exchange (ESX) and The Iraqi Stock Exchange (ISX) have completed their linkup...of international platforms. They are done and going live at any moment.
2-1-2024 Newshound Guru tlm724 Article: "The Bank Of Jordan Links Iraq Through An Electronic System With Four Arab Countries" Quotes: "...Iraq is linked to an electronic system with four Arab countries, while indicating that the Central Bank is making great efforts to develop the banking sector in Iraq."; “...and I believe that they are moving at a very good speed to shorten the time gap, to reach the ranks of developed countries with these services.”
2-1-2024 Intel Guru MarkZ [via PDK] “The US Treasury requests Iraqi cooperation to limit funding for armed factions” This is all part of what’s going on as Iraq cleans up. And yesterday - again in Iraq - they started openly talking about the exchange rate and the value of the dinar.
1-31-2024 Intel Guru Frank26 Article: "The Iraqi judiciary and the US Treasury discuss sanctions on Iraqi people and companies" THE US TREASURY HELPS THE CBI CLEAN THE FLOOR Quote: "The two parties discussed the legal measures and sanctions issued by the US Treasury Department (OFAC) regarding Iraqi people and companies."
1-31-2024 Newshound Guru Militia Man Everyone's excited because we're seeing exactly what this country is doing. They're doing what they said they're going to do. They're working towards going international...we should all have significant confidence that Iraq is going international...
1-31-2024 Newshound Guru Kaperoni I still have significant concern over Iraq wanting to redenominate (LOP) their currency. There are numerous educational symposiums teaching the citizens about such an event. This is a very real possibility.
1-31-2024 Newshound Guru Paulette The issue I still see is in order to peg to a basket of currencies, they would "officially" have to depeg from the USD. While I have yet to see the US relinquish their receivership status over Iraq and the fact that the US is desperate to try to keep the USD propped up, I am unsure the actual mechanism of how they will be allowed to depeg and then repeg. It seems like receivership would need lifted first for that kind of move.
1-31-2024 Newshound Guru Pimpy As long as they keep moving forward like they’re doing there’s no reason for it not to, IMO, go up in increment…
1-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is not playing games with anybody. It looks like he's working hand in hand with the US Treasury...Television now shows Rafidain Bank doing investigations on smuggling of the dollar...There's no end to the amount of corruption... FRANK: Your corruption is amplified by Iran...that's why you have not had the new exchange rate or lower denoms...but it is really being curtailed...controlled...Pay attention to the leadership in your country removing the corruption...
1-31-2024 Newshound Guru Clare Article: "Romanowski regarding the US Treasury’s visit to Iraq: enhancing cooperation between the two countries” Quote: “The United States and Iraq share the goal of supporting a sound and strong financial system in Iraq, which will attract investment and ultimately benefit the Iraqi people. She added: I am pleased with the visit of US Treasury Undersecretary Ryan Nelson to Iraq, stressing that this visit has strengthened this important cooperation."
1-31-2024 Newshound Guru Samson Article: "The chief US sanctions official is in Baghdad to curb dollar smuggling to Iran"
1-31-2024 Intel Guru MarkZ [via PDK] Comment: I hear more and more groups are under NDA’s. MarkZ: We are hearing of more and more… My banking contacts still feel If we have to sign one - it will be about the amount we get...we are definitely close.
1-31-2024 Newshound Guru Militia Man The AFC Fund is up 110.4% in Iraq. HUGE! Think about that for a minute, What do you get at your savings account? What do you get in your IRA's? What are you getting percentage wise over an annual growth? They have 110.4%. This country is going to explode. Everybody and their brother that's invested in the dinar should be thinking clearly by now as far as I'm concerned...This is fun! ...How does Iraq have one of the best funds in the world without having reasons behind it.
1-31-2024 Intel Guru Frank26 [Georgia Bank Story FOLLOWUP from 1-30-2024 below] BANK VISITOR: The following day Saturday I got a phone call from Truist [Bank]...a wealth manager...She set up an appointment this Thursday to meet with me...The funny thing about this Frank is this account is a petty cash account. I don't keep any money in this account. FRANK: But they know you will soon. BANK VISITOR: My wife said that's not a coincidence. You go and speak to somebody and it's a petty cash account... Why would a wealth manager be calling you? FRANK: It's obvious they are getting ready for you... [Stay tuned for the follow up of his Thursday appointment.]
1-31-2024 Intel/Newshound Gurus yada & CANDYKISSES Regarding the new US ambassador to Iraq... Jacobson has history with Iraq having served there back in 2006-2007. Her last post has been that of aiding countries recover economically. She was successful in the past and call to stear Iraq's economy as they are on their way... Ms. Jacobson appears to be a good fit for Iraq.
1-31-2024 Newshound Guru Militia Man Everyone's excited because we're seeing exactly what this country is doing. They're doing what they said they're going to do. They're working towards going international...we should all have significant confidence that Iraq is going international...
1-31-2024 Newshound Guru Kaperoni I still have significant concern over Iraq wanting to redenominate (LOP) their currency. There are numerous educational symposiums teaching the citizens about such an event. This is a very real possibility.
1-31-2024 Newshound Guru Paulette The issue I still see is in order to peg to a basket of currencies, they would "officially" have to depeg from the USD. While I have yet to see the US relinquish their receivership status over Iraq and the fact that the US is desperate to try to keep the USD propped up, I am unsure the actual mechanism of how they will be allowed to depeg and then repeg. It seems like receivership would need lifted first for that kind of move.
1-31-2024 Newshound Guru Pimpy As long as they keep moving forward like they’re doing there’s no reason for it not to, IMO, go up in increment…
1-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is not playing games with anybody. It looks like he's working hand in hand with the US Treasury...Television now shows Rafidain Bank doing investigations on smuggling of the dollar...There's no end to the amount of corruption... FRANK: Your corruption is amplified by Iran...that's why you have not had the new exchange rate or lower denoms...but it is really being curtailed...controlled...Pay attention to the leadership in your country removing the corruption...
1-31-2024 Newshound Guru Clare Article: "Romanowski regarding the US Treasury’s visit to Iraq: enhancing cooperation between the two countries” Quote: “The United States and Iraq share the goal of supporting a sound and strong financial system in Iraq, which will attract investment and ultimately benefit the Iraqi people. She added: I am pleased with the visit of US Treasury Undersecretary Ryan Nelson to Iraq, stressing that this visit has strengthened this important cooperation."
1-31-2024 Newshound Guru Samson Article: "The chief US sanctions official is in Baghdad to curb dollar smuggling to Iran"
1-31-2024 Intel Guru MarkZ [via PDK] Comment: I hear more and more groups are under NDA’s. MarkZ: We are hearing of more and more… My banking contacts still feel If we have to sign one - it will be about the amount we get...we are definitely close.
1-31-2024 Newshound Guru Militia Man The AFC Fund is up 110.4% in Iraq. HUGE! Think about that for a minute, What do you get at your savings account? What do you get in your IRA's? What are you getting percentage wise over an annual growth? They have 110.4%. This country is going to explode. Everybody and their brother that's invested in the dinar should be thinking clearly by now as far as I'm concerned...This is fun! ...How does Iraq have one of the best funds in the world without having reasons behind it.
1-31-2024 Intel Guru Frank26 [Georgia Bank Story FOLLOWUP from 1-30-2024 below] BANK VISITOR: The following day Saturday I got a phone call from Truist [Bank]...a wealth manager...She set up an appointment this Thursday to meet with me...The funny thing about this Frank is this account is a petty cash account. I don't keep any money in this account. FRANK: But they know you will soon. BANK VISITOR: My wife said that's not a coincidence. You go and speak to somebody and it's a petty cash account... Why would a wealth manager be calling you? FRANK: It's obvious they are getting ready for you... [Stay tuned for the follow up of his Thursday appointment.]
1-31-2024 Intel/Newshound Gurus yada & CANDYKISSES Regarding the new US ambassador to Iraq... Jacobson has history with Iraq having served there back in 2006-2007. Her last post has been that of aiding countries recover economically. She was successful in the past and call to stear Iraq's economy as they are on their way... Ms. Jacobson appears to be a good fit for Iraq.
1-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq is in the news and he's talking about the monetary reform mechanism that the CBI used to control the rate. The project to delete the 3-zeros still exists. He's saying the parallel market will come to an end soon. FRANK: Oh my goodness! This is what we want to hear. This is who we want to hear it from. This is perfect.
1-30-2024 Newshound Guru Pimpy Guru Nader question: “People are going to lose money if they change the 25000 for 25…If…I get 25 dinars that means I’m gonna go to the bank, if it go 3 to 1 that mean I’m gonna have only $75?” I told everybody that is a possibility. Doesn’t mean it’s gonna happen but I’m saying this is what people should at least be prepared for…There’s a possibility they delete the zeros and then change the exchange rate.
1-30-2024 Newshound Guru Clare Article: "The US Treasury includes an Iraqi bank on the sanctions list” Quote: “On Monday, the US Treasury Department included the Iraqi Al-Huda Bank on the sanctions list, as a source of major concern regarding money laundering because it “acts as a channel for financing terrorism by Iran.”
1-30-2024 Intel Guru MarkZ [via PDK] “Burhan Nassir Mohammed Al Namral sworn in as Iraq’s new Parliament speaker” This one is important. It has been rumored in some circles for a few months that he was a stickler for moving forward with the white papers and rate change. I’m taking this as a good sign.
1-30-2024 Newshound Guru Samson Article: "Senior US Treasury official travels to Iraq to counter illicit finance"
1-30-2024 Newshound Guru Fnu Lnu They do not have a massive amount of Dinar with which to deal. Small incremental increases of value over time will guarantee failure and all the many billions of dollars spent, and man-hours wasted will for naught. It is more likely they will come out high on the exchange rate and let it fall until it finds equilibrium instead of creeping upwards in 2% measures every 90 days over decades. Meanwhile everyone loses faith in the GOI, riots, and starves to death. Small increments over time makes absolutely no sense and is illogical.
1-30-2024 Intel Guru Frank26 [Georgia Bank Story cont.] I said, I don't know I want that to happen without knowing who that might be and she said, I can't tell you but I can answer your questions. I said, well is Chase Bank part of that? She said, yes. I said, What about Bank of America...? She said yes... FRANK: The answers she's given you IMO are spot on...Did you ask her if they're going to have a fee to exchange? BANK VISITOR: Yeah...I said, if I was to exchange here what is the fee you would charge me...? She said...from my understanding there will not be a fee for people especially of a certain caliber. FRANK: Bingo! BANK VISITOR: She said, but we can discuss that more at an appropriate time...probably not too far in the future... [Post 2 of 2]
1-30-2024 Intel Guru Frank26 [Georgia Bank Story] BANK VISITOR: Today I went to a bank called Truist in Georgia...I asked [the financial advisor] you mind if I get a minute...I'd like to ask you a few questions? She said Yeah...I said I've been banking with this bank a long time...Have you heard of the Iraqi dinar? She got quiet...She said, well I know there are things happening in Iraq...yes...I can't really tell you anything but if you want to ask me some question I'll be more than happy to answer... FRANK: Bingo! BANK VISITOR: ...Are you guys going to be exchanging the Iraq dinar? She said, well we will not be exchanging the Iraqi dinar but we will take it and send it off for you to have it exchanged. [Post 1 of 2....stay tuned]
1-30-2024 Intel Guru MarkZ [via PDK] ...bank story from Canada... “My brother went to a Canadian Imperial bank of Commerce or CIBC in Saskatoon. Establishing his new bank account...my brother said he had several devalued currencies. Then he asked them if they were aware of the RV we are waiting on. She replied “Yes I am - I can’t say anything else as I am under an NDA from the bank“ So they cannot give details but they are ready.”
1-30-2024 Newshound Guru Militia Man 1310 is not a Real Effective Exchange Rate. I don't think the largest accounting firms in the world would be dealing with this, at this time, which they've never done before, we've never seen ever the Central Bank of Iraq talk about...the 13 [big accounting firms]...They have now.
1-30-2024 Newshound Guru Pimpy Changing the exchange rate has a huge impact on inflation, imports and exports. I think Iraq can easily go up in increments. This will allow them to really monitor the inflation. This will also increase the quality of life for the Iraqi people.
1-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani says Iraq is on the verge of transformation process. FRANK: Transforming from a program rate to a sovereign national rate...Everyday Sudani is pointing in the direction of your new exchange rate or your new national currency. Everyday he tells you there's a transaction, yeah from a program rate to an international rate.
1-30-2024 Newshound/Intel Guru Mnt Goat Article: "NATO CONFIRMED TODAY, TUESDAY, THAT IRAQ IS A REGIONAL LEADER IN THE REGION AND IS TODAY MORE SECURE AND STABLE" Quote: "...the NATO mission is an advisory mission, not a combat mission, and that Iraq is a regional leader in the region, and is safer today and stability." This was nice to hear that they believe Iraq is SAFER and STABLE. This is what we need.
1-30-2024 Intel Guru MarkZ [via PDK] Question: Can the RV happen before the Mar. 11 fiat/asset backed flip? MarkZ: I don’t know anything about that date … but its anticipated to happen soon. Can it happen before that date? Absolutely - especially what is happening this week. Today [Monday] has already been a huge day.
1-30-2024 Newshound Guru Pimpy Guru Nader question: “People are going to lose money if they change the 25000 for 25…If…I get 25 dinars that means I’m gonna go to the bank, if it go 3 to 1 that mean I’m gonna have only $75?” I told everybody that is a possibility. Doesn’t mean it’s gonna happen but I’m saying this is what people should at least be prepared for…There’s a possibility they delete the zeros and then change the exchange rate.
1-30-2024 Newshound Guru Clare Article: "The US Treasury includes an Iraqi bank on the sanctions list” Quote: “On Monday, the US Treasury Department included the Iraqi Al-Huda Bank on the sanctions list, as a source of major concern regarding money laundering because it “acts as a channel for financing terrorism by Iran.”
1-30-2024 Intel Guru MarkZ [via PDK] “Burhan Nassir Mohammed Al Namral sworn in as Iraq’s new Parliament speaker” This one is important. It has been rumored in some circles for a few months that he was a stickler for moving forward with the white papers and rate change. I’m taking this as a good sign.
1-30-2024 Newshound Guru Samson Article: "Senior US Treasury official travels to Iraq to counter illicit finance"
1-30-2024 Newshound Guru Fnu Lnu They do not have a massive amount of Dinar with which to deal. Small incremental increases of value over time will guarantee failure and all the many billions of dollars spent, and man-hours wasted will for naught. It is more likely they will come out high on the exchange rate and let it fall until it finds equilibrium instead of creeping upwards in 2% measures every 90 days over decades. Meanwhile everyone loses faith in the GOI, riots, and starves to death. Small increments over time makes absolutely no sense and is illogical.
1-30-2024 Intel Guru Frank26 [Georgia Bank Story cont.] I said, I don't know I want that to happen without knowing who that might be and she said, I can't tell you but I can answer your questions. I said, well is Chase Bank part of that? She said, yes. I said, What about Bank of America...? She said yes... FRANK: The answers she's given you IMO are spot on...Did you ask her if they're going to have a fee to exchange? BANK VISITOR: Yeah...I said, if I was to exchange here what is the fee you would charge me...? She said...from my understanding there will not be a fee for people especially of a certain caliber. FRANK: Bingo! BANK VISITOR: She said, but we can discuss that more at an appropriate time...probably not too far in the future... [Post 2 of 2]
1-30-2024 Intel Guru Frank26 [Georgia Bank Story] BANK VISITOR: Today I went to a bank called Truist in Georgia...I asked [the financial advisor] you mind if I get a minute...I'd like to ask you a few questions? She said Yeah...I said I've been banking with this bank a long time...Have you heard of the Iraqi dinar? She got quiet...She said, well I know there are things happening in Iraq...yes...I can't really tell you anything but if you want to ask me some question I'll be more than happy to answer... FRANK: Bingo! BANK VISITOR: ...Are you guys going to be exchanging the Iraq dinar? She said, well we will not be exchanging the Iraqi dinar but we will take it and send it off for you to have it exchanged. [Post 1 of 2....stay tuned]
1-30-2024 Intel Guru MarkZ [via PDK] ...bank story from Canada... “My brother went to a Canadian Imperial bank of Commerce or CIBC in Saskatoon. Establishing his new bank account...my brother said he had several devalued currencies. Then he asked them if they were aware of the RV we are waiting on. She replied “Yes I am - I can’t say anything else as I am under an NDA from the bank“ So they cannot give details but they are ready.”
1-30-2024 Newshound Guru Militia Man 1310 is not a Real Effective Exchange Rate. I don't think the largest accounting firms in the world would be dealing with this, at this time, which they've never done before, we've never seen ever the Central Bank of Iraq talk about...the 13 [big accounting firms]...They have now.
1-30-2024 Newshound Guru Pimpy Changing the exchange rate has a huge impact on inflation, imports and exports. I think Iraq can easily go up in increments. This will allow them to really monitor the inflation. This will also increase the quality of life for the Iraqi people.
1-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani says Iraq is on the verge of transformation process. FRANK: Transforming from a program rate to a sovereign national rate...Everyday Sudani is pointing in the direction of your new exchange rate or your new national currency. Everyday he tells you there's a transaction, yeah from a program rate to an international rate.
1-30-2024 Newshound/Intel Guru Mnt Goat Article: "NATO CONFIRMED TODAY, TUESDAY, THAT IRAQ IS A REGIONAL LEADER IN THE REGION AND IS TODAY MORE SECURE AND STABLE" Quote: "...the NATO mission is an advisory mission, not a combat mission, and that Iraq is a regional leader in the region, and is safer today and stability." This was nice to hear that they believe Iraq is SAFER and STABLE. This is what we need.
1-30-2024 Intel Guru MarkZ [via PDK] Question: Can the RV happen before the Mar. 11 fiat/asset backed flip? MarkZ: I don’t know anything about that date … but its anticipated to happen soon. Can it happen before that date? Absolutely - especially what is happening this week. Today [Monday] has already been a huge day.
1-29-2024 Intel Guru Frank26 They are removing the dollar. It's only used in 3 different ways. The government of Iraq will use the dollar as they see fit. The Iraq citizens if they want to buy medicine can go to a bank and receive American dollars for their dinars...The last way the Iraqi dinar will be used is Iraqi citizens can go to a bank...and take dollars out if they prove they are traveling abroad and need the dollar...The dollar is being ignored/pushed aside...All the things the Iraqi dinar has been punished for 20 years, now the dollar will have the same symptoms...Whereas the dinar will gain security and stability because everybody will be using it.
1-29-2024 Newshound Guru Pimpy People are getting confused…When they delete the zeros, they’ll change the currency. It’s not the exchange rate. That’s where the confusion is…If I have a 25000 dinar and I delete the zeros, now I have a new currency that comes out…They have the same value. The nominal value is a number...25000…the new one says 25, but the exchange rate between these two currencies stays the same - 1 to 1. What they’re saying is the 25000 dinar has an equal value of the 25 dinar. That goes on for a little time until people trade in all the notes. They’re not talking about against other currencies.
1-29-2024 Guru Nader From The Mid East Algeria is big and has a lot of assets but they have a lot less than Iraq and their dinar is stronger than Iraqi dinars. If you look a the Tunisian dinars, Tunisia has nothing...and their dinars are 3 to 1 - Three dinars to $1. My point is these people has nothing. They're coming out a revolution. They is a mess. It's completely a mess. They lost a lot. The private sector is a mess and it's [their dinar] is still strong. Iraq, this rate is still a punishment rate...They have to revalue. If they revalue they're going to revalue 1 to 1.
1-29-2024 Newshound/Intel Guru Walkingstick The electronic platform that Aki's bank is doing are being done in all the banks around the world linking up to the CBI. The citizens from here to there, Visa/Mastercard, all these accounts, this is a big deal...This is the door that is opening up for the Iraq dinar to float.
1-29-2024 Intel Guru MarkZ [via PDK] Question: Are rates showing up on US bank screens? MarkZ: ...I have not personally seen them show up on the tellers screens yet ...But there are reports of tellers showing people the rates.
1-29-2024 Newshound Guru Samson Article: "With a growth rate of 150%... taxes announce an increase in their revenues to more than 4 trillion" Quote: "Baghdad The General Tax Authority announced, on Thursday, that its revenues had risen to 4 trillion and 500 million dinars within 8 months..."
1-29-2024 Intel Guru Frank26 Question: "Do you think they'll come out with a sucker rate?" I don't care if it's suckered or not! Give me a rate! Give it to me! Make it international! Let it go and they'll float it up. Give me $0.10 I don't care.
1-29-2024 Newshound Guru Militia Man An investment budget it's not going to work at 1310. They don't have enough dinar to do that...The project is to delete the zeros off the exchange rate. Once they have done that, they've applied the Real Effective Exchange Rate they're going to have to do things differently. The world knows that. WTO...Bank of International Settlements ... IMF...US Treasury...US Fed - everybody seems to be the ones that are knowing it but they just haven't quite done it yet or are they working to finish a process that is highly complex? That's my opinion...
1-29-2024 Intel Guru MarkZ [via PDK] “US dollar exchange rate drops in Baghdad and Erbil” Iraq is going to be forced to pull that trigger sooner rather than later. This is a good sign for us and is going to force them to push forward with a value change. They want to be pegged to a basket to realize their full value.
1-29-2024 Newshound Guru Pimpy Iraq has a few more things they really have to fix. Taxation [and] their tax system in general. In addition to that they have to learn how to balance a budget...Balancing their budget, fixing their tax system would go a long ways in Iraq...
1-29-2024 Newshound/Intel Guru Mnt Goat I then asked about the “basket of currencies” we been hearing about to re-peg the dinar. I was told this is coming but they can’t peg the current in-country rate until they resolve the parallel market crisis and move to FOREX. This is exactly what I wanted and needed to hear. This falls directly in-line with the 2011 Dr. Shabibi plan I have talked so much about already. So all is very good in my eyes as far as this process goes. [post 2 of 2]
1-29-2024 Newshound/Intel Guru Mnt Goat ...the hot topic in the CBI, as my contact told me...is that the CBI is working towards getting the parallel black market rate in check with the “official” CBI rate of the dinar. I asked my contact why the past plan to end this crisis has not yet ended it? I was told it is taking more than expected for the measures underway to take hold, but that they will eventually end the crisis and the rate will come down... [post 1 of 2....stay tuned]
1-29-2024 Intel Guru MarkZ [via PDK] “Urgent- The foreign ministry announces the success of the Iraqi-American negotiations on the presence of coalition forces in the country” This has really been some kind of week over there. Years ago Trump told us the troops would leave when Iraq gets revalued and we get paid.
1-29-2024 Newshound Guru Pimpy People are getting confused…When they delete the zeros, they’ll change the currency. It’s not the exchange rate. That’s where the confusion is…If I have a 25000 dinar and I delete the zeros, now I have a new currency that comes out…They have the same value. The nominal value is a number...25000…the new one says 25, but the exchange rate between these two currencies stays the same - 1 to 1. What they’re saying is the 25000 dinar has an equal value of the 25 dinar. That goes on for a little time until people trade in all the notes. They’re not talking about against other currencies.
1-29-2024 Guru Nader From The Mid East Algeria is big and has a lot of assets but they have a lot less than Iraq and their dinar is stronger than Iraqi dinars. If you look a the Tunisian dinars, Tunisia has nothing...and their dinars are 3 to 1 - Three dinars to $1. My point is these people has nothing. They're coming out a revolution. They is a mess. It's completely a mess. They lost a lot. The private sector is a mess and it's [their dinar] is still strong. Iraq, this rate is still a punishment rate...They have to revalue. If they revalue they're going to revalue 1 to 1.
1-29-2024 Newshound/Intel Guru Walkingstick The electronic platform that Aki's bank is doing are being done in all the banks around the world linking up to the CBI. The citizens from here to there, Visa/Mastercard, all these accounts, this is a big deal...This is the door that is opening up for the Iraq dinar to float.
1-29-2024 Intel Guru MarkZ [via PDK] Question: Are rates showing up on US bank screens? MarkZ: ...I have not personally seen them show up on the tellers screens yet ...But there are reports of tellers showing people the rates.
1-29-2024 Newshound Guru Samson Article: "With a growth rate of 150%... taxes announce an increase in their revenues to more than 4 trillion" Quote: "Baghdad The General Tax Authority announced, on Thursday, that its revenues had risen to 4 trillion and 500 million dinars within 8 months..."
1-29-2024 Intel Guru Frank26 Question: "Do you think they'll come out with a sucker rate?" I don't care if it's suckered or not! Give me a rate! Give it to me! Make it international! Let it go and they'll float it up. Give me $0.10 I don't care.
1-29-2024 Newshound Guru Militia Man An investment budget it's not going to work at 1310. They don't have enough dinar to do that...The project is to delete the zeros off the exchange rate. Once they have done that, they've applied the Real Effective Exchange Rate they're going to have to do things differently. The world knows that. WTO...Bank of International Settlements ... IMF...US Treasury...US Fed - everybody seems to be the ones that are knowing it but they just haven't quite done it yet or are they working to finish a process that is highly complex? That's my opinion...
1-29-2024 Intel Guru MarkZ [via PDK] “US dollar exchange rate drops in Baghdad and Erbil” Iraq is going to be forced to pull that trigger sooner rather than later. This is a good sign for us and is going to force them to push forward with a value change. They want to be pegged to a basket to realize their full value.
1-29-2024 Newshound Guru Pimpy Iraq has a few more things they really have to fix. Taxation [and] their tax system in general. In addition to that they have to learn how to balance a budget...Balancing their budget, fixing their tax system would go a long ways in Iraq...
1-29-2024 Newshound/Intel Guru Mnt Goat I then asked about the “basket of currencies” we been hearing about to re-peg the dinar. I was told this is coming but they can’t peg the current in-country rate until they resolve the parallel market crisis and move to FOREX. This is exactly what I wanted and needed to hear. This falls directly in-line with the 2011 Dr. Shabibi plan I have talked so much about already. So all is very good in my eyes as far as this process goes. [post 2 of 2]
1-29-2024 Newshound/Intel Guru Mnt Goat ...the hot topic in the CBI, as my contact told me...is that the CBI is working towards getting the parallel black market rate in check with the “official” CBI rate of the dinar. I asked my contact why the past plan to end this crisis has not yet ended it? I was told it is taking more than expected for the measures underway to take hold, but that they will eventually end the crisis and the rate will come down... [post 1 of 2....stay tuned]
1-29-2024 Intel Guru MarkZ [via PDK] “Urgent- The foreign ministry announces the success of the Iraqi-American negotiations on the presence of coalition forces in the country” This has really been some kind of week over there. Years ago Trump told us the troops would leave when Iraq gets revalued and we get paid.
1-28-2024 Newshound Guru Sandy Ingram The financial World buzzing... Iraq is now making headlines with its own investment fund the AFC Iraq fund managed by Asia Frontier Capital limited has emerged as the top performing long only unleveraged actively managed generalist Equity Fund in the world in 2023 boasting a net performance of over 110%. This remarkable feat can be attributed to the funds investment strategy that focuses on long-term drivers of the transformation of the Iraqi economy...Iraq's investments in streams of income outside of the oil industry goes a long way in helping the country to gain economic stability and to increase the value of their currency.
1-28-2024 Newshound Guru Pimpy If you increase your money supply that is going to cause the value of your currency to go down. Think supply and demand. The more you have of something the less valuable it is. What does that mean? You have to get rid of the 3-zeros. By getting rid of the 3 zeros you need less bills to make purchases...
1-28-2024 Intel Guru Frank26 Question: "What comes first, the small denoms, Forex or even the RI?" I've said it a hundred times, the next thing that we seek is the lower denoms and the new exchange rate. Once we have that let's float.
1-28-2024 Guest Guru Imperator I would like clarify the term “Delete the Zeros”. Some Gurus think it means drop the zeros off of the notes. Other Gurus think it means drop the three zeros off the EXCHANGE RATE. The first one is a lateral move, no gain in purchasing power and is only accepted by the world community in cases of runaway inflation. The second one is a real change in the value of the a currency greatly benefiting the currency holders. This is only accepted by the world community when there is a consensus that the currency is undervalued. Draw your own conclusions.
1-28-2024 Intel Guru MarkZ [via PDK] “Instead of Romansky Bide nominates new ambassador to Iraq” This one is important as the ambassador heading over there also oversaw Turkministans revaluation not long ago. He is renown for helping financial reforms in countries. I don’t know if they are getting ready to let Iraq go its own way or not. But it appears to be a key move at a key time with a key person.
1-28-2024 Newshound Guru Clare Article: "The Credit Bank of Iraq achieves a profit of 17.5 billion dinars during the year 2023” Quote: "For the year 2023... its assets rose to 507.7 billion dinars, while it was 406.7 billion dinars in the year 2022, a growth rate of 24.8%...The bank's profits grew by 63.5% during the year 2023 compared to the year 2022, which reached 10.7 billion dinars”
1-28-2024 Newshound Guru Militia Man Germany had a marshal plan. Japan had a marshal plan. Iraq to me is a Marshal Plan. What does that mean? It means after the war they're going to rebuild the country. After Germany, rebuilt. After Japan, rebuilt. And what did they become? Economic powerhouses...Is Iraq going to be the economic powerhouse in the Middle East? ...That's what it looks like. Who helped them get there? ....United States of America...United Kingdom...Canada...Japan...Korea, everybody...
1-28-2024 Newshound Guru Samson Article: "Washington's message to Baghdad: Economic support will disappear after the withdrawal, and there will be no negotiations before the attacks stop"
1-28-2024 Newshound Guru Sandy Ingram US President Joe Biden announced on Thursday his intent to nominate Tracy Ann Jacobson to be the US Ambassador to Iraq. Biden said Jacobson would serve as one of the key leaders in his administration...No comments were provide on why Ms. Alina Romanowski leaving her post as US Ambassador to Iraq.
1-28-2024 Newshound Guru Pimpy Iraq's revenues from oil exports could potentially rise. So they can increase their exchange rate and what they could do to balance that increase in their exchange rate is either increase or decrease their oil production...We also know their foreign currency reserves have increased to $115 billion. Increasing the exchange rate would also increase their currency holding, which is good because they can us that to protect the Iraqi dinar. Increasing the exchange rate would benefit Iraq big time. [Post 2 of 2]
1-28-2024 Newshound Guru Pimpy 90% of Iraq's exports are in oil... Remember Iraq wants to be competitive in the trade market. Increases in their exchange rate would cause the items they are exporting to go up in cost. Since 90% of the exports is oil, this is different...An increase in Iraq's exchange rate could lead to a stronger Iraqi dinar relative to other currencies. This would mean for each unit of oil sold, Iraq would receive more foreign currency. [Post 1 of 2....stay tuned]
1-28-2024 Intel Guru Frank26 IMO a lot of promises were made by Sudani in Davos. Today Sudani uses more new words to describe to the citizens that the time to wait for the reinstatement of their currency and new exchange rate is shorter than it's ever been before. It's shorter than a step stool with the legs of a corgi dog...these are exciting times.
1-28-2024 Intel Guru Bruce [via WiserNow] ...I know that rates on the dinar And the Dong, specifically are populating on the back screen. The Redemption center, the redemption centers screens for dinar and Dong were $4 to $5 higher on each currency just on the front screens...
1-28-2024 Newshound Guru Pimpy If you increase your money supply that is going to cause the value of your currency to go down. Think supply and demand. The more you have of something the less valuable it is. What does that mean? You have to get rid of the 3-zeros. By getting rid of the 3 zeros you need less bills to make purchases...
1-28-2024 Intel Guru Frank26 Question: "What comes first, the small denoms, Forex or even the RI?" I've said it a hundred times, the next thing that we seek is the lower denoms and the new exchange rate. Once we have that let's float.
1-28-2024 Guest Guru Imperator I would like clarify the term “Delete the Zeros”. Some Gurus think it means drop the zeros off of the notes. Other Gurus think it means drop the three zeros off the EXCHANGE RATE. The first one is a lateral move, no gain in purchasing power and is only accepted by the world community in cases of runaway inflation. The second one is a real change in the value of the a currency greatly benefiting the currency holders. This is only accepted by the world community when there is a consensus that the currency is undervalued. Draw your own conclusions.
1-28-2024 Intel Guru MarkZ [via PDK] “Instead of Romansky Bide nominates new ambassador to Iraq” This one is important as the ambassador heading over there also oversaw Turkministans revaluation not long ago. He is renown for helping financial reforms in countries. I don’t know if they are getting ready to let Iraq go its own way or not. But it appears to be a key move at a key time with a key person.
1-28-2024 Newshound Guru Clare Article: "The Credit Bank of Iraq achieves a profit of 17.5 billion dinars during the year 2023” Quote: "For the year 2023... its assets rose to 507.7 billion dinars, while it was 406.7 billion dinars in the year 2022, a growth rate of 24.8%...The bank's profits grew by 63.5% during the year 2023 compared to the year 2022, which reached 10.7 billion dinars”
1-28-2024 Newshound Guru Militia Man Germany had a marshal plan. Japan had a marshal plan. Iraq to me is a Marshal Plan. What does that mean? It means after the war they're going to rebuild the country. After Germany, rebuilt. After Japan, rebuilt. And what did they become? Economic powerhouses...Is Iraq going to be the economic powerhouse in the Middle East? ...That's what it looks like. Who helped them get there? ....United States of America...United Kingdom...Canada...Japan...Korea, everybody...
1-28-2024 Newshound Guru Samson Article: "Washington's message to Baghdad: Economic support will disappear after the withdrawal, and there will be no negotiations before the attacks stop"
1-28-2024 Newshound Guru Sandy Ingram US President Joe Biden announced on Thursday his intent to nominate Tracy Ann Jacobson to be the US Ambassador to Iraq. Biden said Jacobson would serve as one of the key leaders in his administration...No comments were provide on why Ms. Alina Romanowski leaving her post as US Ambassador to Iraq.
1-28-2024 Newshound Guru Pimpy Iraq's revenues from oil exports could potentially rise. So they can increase their exchange rate and what they could do to balance that increase in their exchange rate is either increase or decrease their oil production...We also know their foreign currency reserves have increased to $115 billion. Increasing the exchange rate would also increase their currency holding, which is good because they can us that to protect the Iraqi dinar. Increasing the exchange rate would benefit Iraq big time. [Post 2 of 2]
1-28-2024 Newshound Guru Pimpy 90% of Iraq's exports are in oil... Remember Iraq wants to be competitive in the trade market. Increases in their exchange rate would cause the items they are exporting to go up in cost. Since 90% of the exports is oil, this is different...An increase in Iraq's exchange rate could lead to a stronger Iraqi dinar relative to other currencies. This would mean for each unit of oil sold, Iraq would receive more foreign currency. [Post 1 of 2....stay tuned]
1-28-2024 Intel Guru Frank26 IMO a lot of promises were made by Sudani in Davos. Today Sudani uses more new words to describe to the citizens that the time to wait for the reinstatement of their currency and new exchange rate is shorter than it's ever been before. It's shorter than a step stool with the legs of a corgi dog...these are exciting times.
1-28-2024 Intel Guru Bruce [via WiserNow] ...I know that rates on the dinar And the Dong, specifically are populating on the back screen. The Redemption center, the redemption centers screens for dinar and Dong were $4 to $5 higher on each currency just on the front screens...
1-27-2024 Intel Guru Frank26 The problem is we don't know if we will be able to participate in the float. We don't know how much time they are gong to give us to turn in the 3 zero notes. Let's see what happens.
1-27-2024 Newshound Guru Pimpy Question: "Say we go international, we're article VIII compliant we delete the 3-zeros, What does that do for...a rate of $0.22 or $0.40 cents...?" That's something nobody likes to talk about. There's a scenario out there in which they delete the zeros...A 25,000 turns into 25 dinars and then they change the exchange rate...I don't think it's going to happen but I'm saying you got to at least have it in the back of your mind that it's a possibility...
1-27-2024 Newshound Guru Militia Man They're basically going to have to make announcements publicly that the currency exchange must be made...They're going to have to say something before too far along...I'm very positive with what we're seeing...things coming together at this time, it's compact. There's just one thing after another, seems to have a symbiotic relationship to Iraq's monetary/financial/banking/tax reforms...
1-27-2024 Newshound Guru Breitling I think the dinar is going to revalue. I think it's great. It's a great opportunity. A lot of it has to do with its foreign currency reserves which is in the US dollar. It [Iraq's] is one of the biggest in the world.
1-27-2024 Newshound Guru Pimpy Increasing the exchange rate would help them [Iraq]. It would increase their foreign asset reserves...You don't want to increase the exchange rate too high, like $3.22, because you can cause the economy to overheat and prices to shoot up. It's one thing to have the cost of goods go up slowly verse...a dozen eggs costs you 10 cents...all of a sudden you wake up the next day it's like $1.10...This should give you some idea why it is Iraq does not want to reinstate the exchange rate at $3.22. It would crash the economy. Going up in small increments would make sense.
1-27-2024 Intel Guru Frank26 Article: "The Central Bank monitors the misuse of electronic payment cards outside Iraq" EVERY DAY MORE & MORE CORRUPTION IS BEING REMOVED FROM THE REFORMS OF IRAQ...
1-27-2024 Intel Guru MarkZ [via PDK] It is possible that some of the groups may get announcements of expected timing this weekend. I have heard chatter on this from some groups. I really do think we are close.
1-27-2024 Newshound Guru Militia Man Article: "Instead of Romanski, Biden nominates an extraordinary 'new' American ambassador to Iraq" Interesting timing of this event. The nominee [Tracy Ann Jacobson]...held a position in Turkmenistan prior to the Tajikistan mission. Article Quote: "Introducing a new currency is a complex process—one that Turkmenistan completed successfully." Turkmenistan is a model that looks to have been in the cards after she left office...I have a strong feeling she would be very aware of...the introduction to a new currency...Is there a coincidence here? I am not sure but, we sure will likely find out if it is or not very soon...What has been going on fits the complex model the Turks used...
1-27-2024 Newshound Guru Samson Article: "Instead of Romanski, Biden nominates an extraordinary “new” American ambassador to Iraq"
1-27-2024 Intel Guru Bruce [via WiserNow] ...we do have the impression that we're very close to this going. And it appears that two of our sources agreed on the timing...It appears more like Saturday through Tuesday...the 27th through the 30th with emphasis on Saturday, the 27th..The timing of this is very close - We do believe that Saturday holds the best chance for us to be notified between Saturday and Tuesday. So let's see ...what happens...we're very close.
1-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying 9 Iraqi officials arrested for extreme wealth from corruption. FRANK: Sudani is going all out...this is amazing...You're busted!
1-27-2024 Intel Guru MarkZ [via PDK] We have been told years ago that the most likely time- or easiest time for them to execute this was Saturday night or Sunday night between 11 pm and 3 AM est…. It does not have to be then…but I was told that was the easiest time for them technically.
1-27-2024 Newshound Guru Pimpy Question: "Say we go international, we're article VIII compliant we delete the 3-zeros, What does that do for...a rate of $0.22 or $0.40 cents...?" That's something nobody likes to talk about. There's a scenario out there in which they delete the zeros...A 25,000 turns into 25 dinars and then they change the exchange rate...I don't think it's going to happen but I'm saying you got to at least have it in the back of your mind that it's a possibility...
1-27-2024 Newshound Guru Militia Man They're basically going to have to make announcements publicly that the currency exchange must be made...They're going to have to say something before too far along...I'm very positive with what we're seeing...things coming together at this time, it's compact. There's just one thing after another, seems to have a symbiotic relationship to Iraq's monetary/financial/banking/tax reforms...
1-27-2024 Newshound Guru Breitling I think the dinar is going to revalue. I think it's great. It's a great opportunity. A lot of it has to do with its foreign currency reserves which is in the US dollar. It [Iraq's] is one of the biggest in the world.
1-27-2024 Newshound Guru Pimpy Increasing the exchange rate would help them [Iraq]. It would increase their foreign asset reserves...You don't want to increase the exchange rate too high, like $3.22, because you can cause the economy to overheat and prices to shoot up. It's one thing to have the cost of goods go up slowly verse...a dozen eggs costs you 10 cents...all of a sudden you wake up the next day it's like $1.10...This should give you some idea why it is Iraq does not want to reinstate the exchange rate at $3.22. It would crash the economy. Going up in small increments would make sense.
1-27-2024 Intel Guru Frank26 Article: "The Central Bank monitors the misuse of electronic payment cards outside Iraq" EVERY DAY MORE & MORE CORRUPTION IS BEING REMOVED FROM THE REFORMS OF IRAQ...
1-27-2024 Intel Guru MarkZ [via PDK] It is possible that some of the groups may get announcements of expected timing this weekend. I have heard chatter on this from some groups. I really do think we are close.
1-27-2024 Newshound Guru Militia Man Article: "Instead of Romanski, Biden nominates an extraordinary 'new' American ambassador to Iraq" Interesting timing of this event. The nominee [Tracy Ann Jacobson]...held a position in Turkmenistan prior to the Tajikistan mission. Article Quote: "Introducing a new currency is a complex process—one that Turkmenistan completed successfully." Turkmenistan is a model that looks to have been in the cards after she left office...I have a strong feeling she would be very aware of...the introduction to a new currency...Is there a coincidence here? I am not sure but, we sure will likely find out if it is or not very soon...What has been going on fits the complex model the Turks used...
1-27-2024 Newshound Guru Samson Article: "Instead of Romanski, Biden nominates an extraordinary “new” American ambassador to Iraq"
1-27-2024 Intel Guru Bruce [via WiserNow] ...we do have the impression that we're very close to this going. And it appears that two of our sources agreed on the timing...It appears more like Saturday through Tuesday...the 27th through the 30th with emphasis on Saturday, the 27th..The timing of this is very close - We do believe that Saturday holds the best chance for us to be notified between Saturday and Tuesday. So let's see ...what happens...we're very close.
1-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying 9 Iraqi officials arrested for extreme wealth from corruption. FRANK: Sudani is going all out...this is amazing...You're busted!
1-27-2024 Intel Guru MarkZ [via PDK] We have been told years ago that the most likely time- or easiest time for them to execute this was Saturday night or Sunday night between 11 pm and 3 AM est…. It does not have to be then…but I was told that was the easiest time for them technically.
1-26-2024 Newshound Guru Kaperoni Delete the zeros. This is not what we want to happen. Deleting the zeros is a redenomination LOP.
1-26-2024 Newshound Guru Pimpy Wikipedia quote "The deletion of the zeros is known as a redenomination. Redenomination itself is considered symbolic as it does not have any impact on the country's exchange rate." Let me repeat this, it does not have any impact on the country's exchange rate...
1-26-2024 Intel Guru MarkZ [via PDK] Question: Has anyone verified the rate of $2.40 from the bank story from last night? MarkZ: Not yet…but a number of bankers are telling me that is exactly the rate they are seeing on screens right now. From $2.38 to $2.40
1-26-2024 Intel Guru Walkingstick At any time of notice the next step in the monetary reform IMO will be very quickly at a moments notice.
1-26-2024 Newshound/Intel Guru Frank26 Is there a lot of dinars out there? no. The CBI doesn't sell dinars anymore. They stopped about 6 years ago. The demand is great now, look at Davos. So as soon as it floats in the basket the supply and demand is going to move that rate very quickly...
1-26-2024 Newshound Guru Militia Man Iraq is going to use the dinar as of January 1st for commercial use, not the dollar. If they get rid of the dollar or they cease the auctions or they apply the delete the zeros project you can see where all of a sudden the parallel market/illegal market is going to go bye-bye.
1-26-2024 Newshound Guru Pimpy One of the key economic factors Iraq has to take in consideration if they're going to decide to delete the zeros or change the exchange rate...Inflation... Iraq is where they need to be. They need to be between 2% and 4%...Iraq is in a good position as far as inflation is concerned...
1-26-2024 Newshound Guru Samson Article "Washington: We will move to a sustainable security situation with Iraq"
1-26-2024 Newshound Guru Sandy As investors we have a vested interest in the country's we-being... [US Pentagon Official Statement about Iraq quote] "Let me be clear, the HCM meeting is not a negotiation about the withdrawal of US forces from Iraq. The Untied States and the coalition are in Iraq at the invitation of the Iraqi government to fight ISIS. Our Iraqi partners have assured us of their commitment towards working together to shape this future on US military presence and the enduring defeat of ISIS."
1-26-2024 Intel Guru MarkZ [via PDK] Very quiet out of Iraq...and quiet on
the banking side. Question: Is this weekend a possibility? MarkZ: It is definitely a possibility.
1-26-2024 Newshound Guru Kaperoni Article "US and Iraq agree to start talks to end presence of US-led coalition"
1-26-2024 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is on TV saying Iraq is on the verge of a transformation process. FRANK: Every day Sudani is joining in the direction of your new exchange rate and your new national currency. He tells you there's a new direction occurring, yeah, from a program rate to an international rate.
1-26-2024 Newshound/Intel Guru Mnt Goat Remember again this is not all about us investors. It is about the Iraqi people and their lives. We will only benefit too because we helped invest our money in Iraq in their time of need... I have never seen such a rate of progress since the end of the wars in 2003 and I entered this investment.
1-26-2024 Newshound Guru Pimpy Wikipedia quote "The deletion of the zeros is known as a redenomination. Redenomination itself is considered symbolic as it does not have any impact on the country's exchange rate." Let me repeat this, it does not have any impact on the country's exchange rate...
1-26-2024 Intel Guru MarkZ [via PDK] Question: Has anyone verified the rate of $2.40 from the bank story from last night? MarkZ: Not yet…but a number of bankers are telling me that is exactly the rate they are seeing on screens right now. From $2.38 to $2.40
1-26-2024 Intel Guru Walkingstick At any time of notice the next step in the monetary reform IMO will be very quickly at a moments notice.
1-26-2024 Newshound/Intel Guru Frank26 Is there a lot of dinars out there? no. The CBI doesn't sell dinars anymore. They stopped about 6 years ago. The demand is great now, look at Davos. So as soon as it floats in the basket the supply and demand is going to move that rate very quickly...
1-26-2024 Newshound Guru Militia Man Iraq is going to use the dinar as of January 1st for commercial use, not the dollar. If they get rid of the dollar or they cease the auctions or they apply the delete the zeros project you can see where all of a sudden the parallel market/illegal market is going to go bye-bye.
1-26-2024 Newshound Guru Pimpy One of the key economic factors Iraq has to take in consideration if they're going to decide to delete the zeros or change the exchange rate...Inflation... Iraq is where they need to be. They need to be between 2% and 4%...Iraq is in a good position as far as inflation is concerned...
1-26-2024 Newshound Guru Samson Article "Washington: We will move to a sustainable security situation with Iraq"
1-26-2024 Newshound Guru Sandy As investors we have a vested interest in the country's we-being... [US Pentagon Official Statement about Iraq quote] "Let me be clear, the HCM meeting is not a negotiation about the withdrawal of US forces from Iraq. The Untied States and the coalition are in Iraq at the invitation of the Iraqi government to fight ISIS. Our Iraqi partners have assured us of their commitment towards working together to shape this future on US military presence and the enduring defeat of ISIS."
1-26-2024 Intel Guru MarkZ [via PDK] Very quiet out of Iraq...and quiet on
the banking side. Question: Is this weekend a possibility? MarkZ: It is definitely a possibility.
1-26-2024 Newshound Guru Kaperoni Article "US and Iraq agree to start talks to end presence of US-led coalition"
1-26-2024 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is on TV saying Iraq is on the verge of a transformation process. FRANK: Every day Sudani is joining in the direction of your new exchange rate and your new national currency. He tells you there's a new direction occurring, yeah, from a program rate to an international rate.
1-26-2024 Newshound/Intel Guru Mnt Goat Remember again this is not all about us investors. It is about the Iraqi people and their lives. We will only benefit too because we helped invest our money in Iraq in their time of need... I have never seen such a rate of progress since the end of the wars in 2003 and I entered this investment.
1-25-2024 Intel Guru Frank26 Article "Parliamentary Finance: We are close to ending the phenomenon of “parallel markets” and prices are heading to decline" You guys are running out of ways telling the citizens that they're about to get their new exchange rate...Next week the CBI has a meeting on this very subject!
1-25-2024 Newshound Guru Militia Man They're working currently underway to end the so-called parallel markets. Article quote "The dollar will not be exchanged except at the rate approved by the Central Bank of Iraq.' The office exchange rate, give 10 to 20 points one side or the other of that 1310. Quote "The parallel markets will gradually decline and cease over the next few days.' I'm fairly certain if they apply a Real Effective Exchange rate, gradually is going to be a thing of the past. But we'll see how it works out.
1-25-2024 Newshound Guru Pimpy You don't have to change your exchange rate in order to be in the World Trade Organization. Vietnam is in the World Trade Organization and they have a crappy currency...It's not mandatory for you to change your exchange rate. They can go in with a program rate.
1-25-2024 Newshound Guru Paulette If they are truly heading to a simple 3 decimal space move on their exchange rate and...they are heading to 1.31USD to 1 IQD, they would have to make another move first to 763.4 from 1310...As of now, a simple decimal move of 3 places would mean 1310 IQD to 1 USD would become 1.310 IQD to 1 USD or 76 cents per IQD...
1-25-2024 Newshound Guru Samson Article: "Parliamentary Finance: We are close to ending the phenomenon of “parallel markets” and prices are heading to decline"
1-25-2024 Intel Guru Frank26 There are three things that the Davos meeting was demanding that they do. 1. Do you have liquidity to back up your currency? Yeah, they showed it. 2. Do you have supervision/overview of your monetary reform? That's why the United States Treasury was explaining and then the IMF. Ok good. 3. Can you monitor your banks? ...Yeah. That is good enough with us. You are Basel 3 compliant...This is huge.
1-25-2024 Intel Guru MarkZ [via PDK] Question: Do you think it is still possible that things go this month? MarkZ: I think it’s possible. I am hopeful we will at least get announcements this month …even if we have not yet made it into the banks.
1-25-2024 Newshound Guru Militia Man The oil for the [??] Port hasn't left yet, salaries payment hasn't been paid yet. One thing leads to another, that leads to what? A Real Effective Exchange Rate. I think that's where we are are. I think that's pretty self-evident...
1-25-2024 Newshound Guru Pimpy Article: "Urgent: Iraq receives an important message from America. And the Sudanese are studying it to respond" Not only did they not tell us what was in the message but they're letting us know that an important one came across...I'm sure it's really serious...We need Iraq to stay stable and secure in order for their economy to grow, in order for outside investors to get involved, in order for them to strengthen their dinar, before we ever see an exchange take place...
1-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing Parliament Finance committee saying we are close to closing the parallel market and solving the dollar exchange rate. FRANK: How many ways can they tell them?
1-25-2024 Newshound/Intel Guru Mnt Goat Quote from Deputy Prime Minister and Foreign Minister Fuad Hussein: “Iraq’s endeavor to occupy its natural position in the region and the international community”. ...Part of what it means for us investors in the dinar is to realize that when they mention international community, they are talking global...liberating Iraq from the war years. It is a FACT they cannot operate effectively in the global arena without a tradable currency on the currency exchanges, such as FOREX. Iraq is also at the sheer brink of a final announcement into the World Trade Organization (WTO), which we know they want back their dinar in the process...I believe that when you put all the FACTS together you can clearly see where they are leading Iraq and it is down a very nice road of prosperity and abundance...
1-25-2024 Intel Guru MarkZ [via PDK] We keep getting positive news. Over the last 2 days in Iraq I’ve seen about 4 articles pushing to remove the US. And about them executing their white papers or economic reforms and restoring their exchange rate. To me “restoring” is to put it back the way it was. Right? And restoring it back to its former glory when it was one of the most valuable currencies in the world. So to me that would mean at least $3+...If you do the math $3.22 in 1991 and adding in inflation would be a rate of around $7.25 today. Wouldn’t that be something. WOW
1-25-2024 Newshound Guru Militia Man They're working currently underway to end the so-called parallel markets. Article quote "The dollar will not be exchanged except at the rate approved by the Central Bank of Iraq.' The office exchange rate, give 10 to 20 points one side or the other of that 1310. Quote "The parallel markets will gradually decline and cease over the next few days.' I'm fairly certain if they apply a Real Effective Exchange rate, gradually is going to be a thing of the past. But we'll see how it works out.
1-25-2024 Newshound Guru Pimpy You don't have to change your exchange rate in order to be in the World Trade Organization. Vietnam is in the World Trade Organization and they have a crappy currency...It's not mandatory for you to change your exchange rate. They can go in with a program rate.
1-25-2024 Newshound Guru Paulette If they are truly heading to a simple 3 decimal space move on their exchange rate and...they are heading to 1.31USD to 1 IQD, they would have to make another move first to 763.4 from 1310...As of now, a simple decimal move of 3 places would mean 1310 IQD to 1 USD would become 1.310 IQD to 1 USD or 76 cents per IQD...
1-25-2024 Newshound Guru Samson Article: "Parliamentary Finance: We are close to ending the phenomenon of “parallel markets” and prices are heading to decline"
1-25-2024 Intel Guru Frank26 There are three things that the Davos meeting was demanding that they do. 1. Do you have liquidity to back up your currency? Yeah, they showed it. 2. Do you have supervision/overview of your monetary reform? That's why the United States Treasury was explaining and then the IMF. Ok good. 3. Can you monitor your banks? ...Yeah. That is good enough with us. You are Basel 3 compliant...This is huge.
1-25-2024 Intel Guru MarkZ [via PDK] Question: Do you think it is still possible that things go this month? MarkZ: I think it’s possible. I am hopeful we will at least get announcements this month …even if we have not yet made it into the banks.
1-25-2024 Newshound Guru Militia Man The oil for the [??] Port hasn't left yet, salaries payment hasn't been paid yet. One thing leads to another, that leads to what? A Real Effective Exchange Rate. I think that's where we are are. I think that's pretty self-evident...
1-25-2024 Newshound Guru Pimpy Article: "Urgent: Iraq receives an important message from America. And the Sudanese are studying it to respond" Not only did they not tell us what was in the message but they're letting us know that an important one came across...I'm sure it's really serious...We need Iraq to stay stable and secure in order for their economy to grow, in order for outside investors to get involved, in order for them to strengthen their dinar, before we ever see an exchange take place...
1-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing Parliament Finance committee saying we are close to closing the parallel market and solving the dollar exchange rate. FRANK: How many ways can they tell them?
1-25-2024 Newshound/Intel Guru Mnt Goat Quote from Deputy Prime Minister and Foreign Minister Fuad Hussein: “Iraq’s endeavor to occupy its natural position in the region and the international community”. ...Part of what it means for us investors in the dinar is to realize that when they mention international community, they are talking global...liberating Iraq from the war years. It is a FACT they cannot operate effectively in the global arena without a tradable currency on the currency exchanges, such as FOREX. Iraq is also at the sheer brink of a final announcement into the World Trade Organization (WTO), which we know they want back their dinar in the process...I believe that when you put all the FACTS together you can clearly see where they are leading Iraq and it is down a very nice road of prosperity and abundance...
1-25-2024 Intel Guru MarkZ [via PDK] We keep getting positive news. Over the last 2 days in Iraq I’ve seen about 4 articles pushing to remove the US. And about them executing their white papers or economic reforms and restoring their exchange rate. To me “restoring” is to put it back the way it was. Right? And restoring it back to its former glory when it was one of the most valuable currencies in the world. So to me that would mean at least $3+...If you do the math $3.22 in 1991 and adding in inflation would be a rate of around $7.25 today. Wouldn’t that be something. WOW
1-24-2024 Intel Guru Frank26 What happens when there is a demand for a specific supply? It runs out quickly. Or it goes up in value quickly. The simplest thing, toilet paper, became so valuable when the covid hit us...If I was Sudani I'd give the lower denoms and the new exchange rate and instantly the dinar goes into a basket with other currencies around the world to float. The definition of supply and demand is going to take that float to the REER (Real Effective Exchange Rate). How are they going to reach the REER? By supply and demand.
1-24-2024 Newshound Guru Militia Man Revenue streams are increasing. They're promoting the private sector which is going to create thousands and thousands of jobs...These 10 cities they're going to build it's going to be a lot of construction. They're not going to do that at 1310. If it costs you 1310 dinars for every dollar, for every screw that might cost a buck a screw. Try to build a country with 1310. It's not going to happen...
1-24-2024 Intel Guru Bruce [via WiserNow] we got word from several of our sources that came in last night and also today, and...I think we've, we've gone past the point of no return on this so that even a few people that were pretty tight lipped have been allowed to open up to my main source. They've been allowed to get the information from the banks - and redemption centers – so that is really good to have that information fed down to me...one of our best sources said at midnight last night...we've been in this is Monday night he said within 24 to 36 hours...it could be Thursday... We will all be smiling from ear to ear... it should be a really wonderful week...
1-24-2024 Newshound Guru Kaperoni The dinar either rises gradually over time as Iraq's economy prospers reducing the money supply or Parliament will authorize the deletion of zeros reducing trillions to billions and a LOP. Not what we want to see.
1-24-2024 Newshound Guru Sandy Ingram [The Development Road Project] is major, let me explain why - This is going to change ports of call and the international shipping routes...The Suez Canal route is 6,400 miles, 14 days and cost $4.5 billion per day...The Development Road Project is...only 745 miles...That means the costs drop dramatically if you put the shipment on trucks or rail...Once you get into the Mediterranean Sea you can deliver your shipment to anywhere in Europe. That is the importance of this Development Road Project...
1-24-2024 Intel Guru MarkZ [via PDK] Comment: ...we are expected to get notifications Friday morning. MarkZ: That is definitely the rumors running around. Let’s see if it pans out or not.
1-24-2024 Newshound Guru Clare Article: "Reconstruction: The year 2024 will witness the completion of ninety percent of the first package projects”
1-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars. They stole over 1 trillion dinar...individuals arrested and groups have been stopped. FRANK: The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally...
1-24-2024 Newshound Guru Paulette The basket of currencies is what they intend to peg to instead of just pegging to one currency - the USD...This is what the CBI and the GOI has stated...If they are pegged to just one currency, if the value (purchasing power) of that currency drops significantly, so does the value (purchasing power) of the IQD. If they are pegged to a basket a currencies, if one drops the others keep the IQD "propped up". This is extremely important to Iraq as they are predominantly an import country. This is precisely what they stated years ago...Bottom line, the pegging to a basket is to maintain the purchasing power and stability of the currency and not a singular event to increase the IQD purchasing power.
1-24-2024 Intel Guru MarkZ [via PDK] Question: What’s the impact of Iraq joining the Bank of international Settlements? MarkZ: It’s their acceptance and elevation to the World Trade Organization and all the other organizations they were removed from when they were sanctioned many years ago. These sanctions are quickly all going away which means they will be able to reinstate or revalue their currency. It is just one more clear indicator of how close we are getting.
1-24-2024 Newshound Guru Pimpy Article: "UN staff on 1.5 billion Iraq aid project demanding bribes" Quote: "Whistle blowers allege large sums are being lost to corruption in Iraq..." This is exactly one of the issue Iraq has to tackle and we know they're working on it.
1-24-2024 Newshound Guru Militia Man The fact remains Iraq is filthy with wealth. They're filthy with their revenue streams. They're going to be filthy with employment. They're going to be doing a massive amount of stuff. When I say, 'radical', it's true. Is there going to be a radical change...in their currency? I believe so...When I talk about radical changes, they're happening.
1-24-2024 Intel Guru Frank26 It was a paradigm shift is what happened in Davos...INVESTORS AT DAVOS = AN ACCELERATION OF SUPPLY & DEMAND TO THE IQD IN AN INTERNATIONAL FLOAT = VALUE ADDED TO THE IQD BASKET!
1-24-2024 Newshound/Intel Guru Mnt Goat On the sidelines of the Davos Forum...held in Switzerland last week, Iraqi Prime Minister Al-Sudani and his accompanying delegation, and Ali Al-Alaq, Governor of the Central Bank, continued to hold meetings, understandings, and negotiations with the World Bank, the International Monetary Fund, the President of the European Bank for
Reconstruction, the American bank, J.P. Morgan, and international financial institutions, with the aim of accelerating the procedures that… and I quote – “It is implemented by the government in cooperation with the Central Bank towards achieving financial and banking reform”. ... It is all VERY GOOD news for us investors.
1-24-2024 Newshound Guru Militia Man Revenue streams are increasing. They're promoting the private sector which is going to create thousands and thousands of jobs...These 10 cities they're going to build it's going to be a lot of construction. They're not going to do that at 1310. If it costs you 1310 dinars for every dollar, for every screw that might cost a buck a screw. Try to build a country with 1310. It's not going to happen...
1-24-2024 Intel Guru Bruce [via WiserNow] we got word from several of our sources that came in last night and also today, and...I think we've, we've gone past the point of no return on this so that even a few people that were pretty tight lipped have been allowed to open up to my main source. They've been allowed to get the information from the banks - and redemption centers – so that is really good to have that information fed down to me...one of our best sources said at midnight last night...we've been in this is Monday night he said within 24 to 36 hours...it could be Thursday... We will all be smiling from ear to ear... it should be a really wonderful week...
1-24-2024 Newshound Guru Kaperoni The dinar either rises gradually over time as Iraq's economy prospers reducing the money supply or Parliament will authorize the deletion of zeros reducing trillions to billions and a LOP. Not what we want to see.
1-24-2024 Newshound Guru Sandy Ingram [The Development Road Project] is major, let me explain why - This is going to change ports of call and the international shipping routes...The Suez Canal route is 6,400 miles, 14 days and cost $4.5 billion per day...The Development Road Project is...only 745 miles...That means the costs drop dramatically if you put the shipment on trucks or rail...Once you get into the Mediterranean Sea you can deliver your shipment to anywhere in Europe. That is the importance of this Development Road Project...
1-24-2024 Intel Guru MarkZ [via PDK] Comment: ...we are expected to get notifications Friday morning. MarkZ: That is definitely the rumors running around. Let’s see if it pans out or not.
1-24-2024 Newshound Guru Clare Article: "Reconstruction: The year 2024 will witness the completion of ninety percent of the first package projects”
1-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars. They stole over 1 trillion dinar...individuals arrested and groups have been stopped. FRANK: The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally...
1-24-2024 Newshound Guru Paulette The basket of currencies is what they intend to peg to instead of just pegging to one currency - the USD...This is what the CBI and the GOI has stated...If they are pegged to just one currency, if the value (purchasing power) of that currency drops significantly, so does the value (purchasing power) of the IQD. If they are pegged to a basket a currencies, if one drops the others keep the IQD "propped up". This is extremely important to Iraq as they are predominantly an import country. This is precisely what they stated years ago...Bottom line, the pegging to a basket is to maintain the purchasing power and stability of the currency and not a singular event to increase the IQD purchasing power.
1-24-2024 Intel Guru MarkZ [via PDK] Question: What’s the impact of Iraq joining the Bank of international Settlements? MarkZ: It’s their acceptance and elevation to the World Trade Organization and all the other organizations they were removed from when they were sanctioned many years ago. These sanctions are quickly all going away which means they will be able to reinstate or revalue their currency. It is just one more clear indicator of how close we are getting.
1-24-2024 Newshound Guru Pimpy Article: "UN staff on 1.5 billion Iraq aid project demanding bribes" Quote: "Whistle blowers allege large sums are being lost to corruption in Iraq..." This is exactly one of the issue Iraq has to tackle and we know they're working on it.
1-24-2024 Newshound Guru Militia Man The fact remains Iraq is filthy with wealth. They're filthy with their revenue streams. They're going to be filthy with employment. They're going to be doing a massive amount of stuff. When I say, 'radical', it's true. Is there going to be a radical change...in their currency? I believe so...When I talk about radical changes, they're happening.
1-24-2024 Intel Guru Frank26 It was a paradigm shift is what happened in Davos...INVESTORS AT DAVOS = AN ACCELERATION OF SUPPLY & DEMAND TO THE IQD IN AN INTERNATIONAL FLOAT = VALUE ADDED TO THE IQD BASKET!
1-24-2024 Newshound/Intel Guru Mnt Goat On the sidelines of the Davos Forum...held in Switzerland last week, Iraqi Prime Minister Al-Sudani and his accompanying delegation, and Ali Al-Alaq, Governor of the Central Bank, continued to hold meetings, understandings, and negotiations with the World Bank, the International Monetary Fund, the President of the European Bank for
Reconstruction, the American bank, J.P. Morgan, and international financial institutions, with the aim of accelerating the procedures that… and I quote – “It is implemented by the government in cooperation with the Central Bank towards achieving financial and banking reform”. ... It is all VERY GOOD news for us investors.
1-23-2024 Intel Guru Frank26 Question: "Does it RI once it goes international?" That's the reason why it would go international because it would be a rate change, it would be equivalent to a reinstatement to the value of the currency.
1-23-2024 Intel Guru MarkZ [via PDK] Question: Is tomorrow the big day? MarkZ: We will see soon.
1-23-2024 Newshound Guru Pimpy What is going International? Because their currency is already International. Iraq is international. Did you forget they're on sanctions? ...They're not on the Swift system...That's a biggie. If they get their crap together and get back on the Swift system that would make a world of difference with the exchange rate because then they could start doing business again internationally.
1-23-2024 Newshound Guru Militia Man Everybody's coming together. Everybody's trying to get this country to go. The development Road Projects... cities, industrial cities, agriculture, tourism, all of those things are happening before our eyes and we're watching and waiting to see when they give us that big announcement Saleh told us the country was about to do.
1-23-2024 Intel Guru MarkZ [via PDK] There is an enormous piece of news...Somewhere in the last 48 hours appearing on the website of the Bank of International Settlements (BIS). “Central Bank and Monetary Authority Websites” ...In Iraq they have made it to the BIS website now as a “Central Bank” I believe this is an enormous sign that we are about to see a “boom“ in the World Trade Organization. To me this is a big one.
1-23-2024 Newshound Guru Paulette Community Comment: "IMO- CBI official rate 1310. 1 USD ~ 1310 IQD = 0.000763. Drop the three zeros. 1 USD ~ IQD 0.763 = 1.310" I don't believe .76 USD for one IQD (1.31 IQD/1USD) would be adequate for the Iraqis to want to abandon the more valuable USD...The MOP/MOI study all the way back in 2009 stated 1.14 - 1.18 USD to 1 IQD to start for 3 years prior to reinstating the true value of 3.22 USD per 1 IQD.
1-23-2024 Newshound Guru Fnu Lnu Article: "The Central Bank of Iraq announced the approval from the US Federal Reserve to supply dollar cash in 2024, as part of efforts to stabilize the Iraqi economy and its currency." Quote: "The decision came after officials from the Central Bank of Iraq held a meeting with representatives from the Fed and the US Treasury in Dubai." As of last Thursday, the official market recorded an exchange rate of 1,296 dinars per dollar. It appears the UST is helping Iraq to stabilize. The Dubai meetings concluded with praise for the bank's strategies in reducing dollar transactions in the local market. Iraq could end the parallel market activity by simply revaluing the Dinar above one USD and the black market activity would come to a screeching halt. So why haven’t they? Are they stalling for some reason?
1-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform. They're saying it's a shorter time expected now to complete the reforms. FRANK: He is telling you they are very very close to giving you the new exchange rate with the lower denoms...What happened at Davos put the monetary reform on light speed.
1-23-2024 Newshound Guru Clare Article: "Dollar prices decline in Baghdad and Erbil with the closure"
1-23-2024 Intel Guru MarkZ [via PDK] Comment: I believe the Iraqi dinar has to come back where it went out at. $3.22. And the VND has to come back to $2.27. According to the IMF? MarkZ: If you correct the VND back to its old value it would be about $2.21 to $2.30…depending how they adjust for inflation…but, yeah. This is why I believe certain values will make more sense. These follow historic norms for revaluations.
1-23-2024 Newshound Guru Pimpy When people say they have to be article VIII compliant, they have to delete the 3-zeros, they make it sound like it's a mandate. They don't have to delete the 3-zeros. It's idealistic if they do but they don't have to delete the 3-zeros...No where does it say it's mandated.
1-23-2024 Newshound Guru Militia Man Big push...They are finishing the reforms...But one of the things they need...is an international currency exchange rate. They haven't started pumping oil to the Cyan Port yet, why? Because they haven't had a customs valuation yet. Why haven't they gone to the WTO just yet? Because the WTO is going to need what? Valuation. What did they say they were going to bring in the short term? The customs valuation with the WTO...They need big movements. They're going to need a Real Effective Exchange Rate. 1310 is radically different than what I believe a Real Effective Exchange Rate is.
1-23-2024 Intel Guru Frank26 It's complex, the monetary reform. There are many facets to it. There' are many things happening. There are many levers and buttons being pushed and moved. The beauty of it is these things are actually occurring...I don't know when they're going to release the new exchange rate...All I know is that they are...
1-23-2024 Intel Guru MarkZ [via PDK] Question: Can you clarify who has the authority and final say on the RV of the Iraqi Dinar? MarkZ: It is the US Treasury. But the UST is controlled by the western banking world elites…. That’s who has been stalling it. Iraq and BRICS has been doing everything to force them into a corner where they have no choice but to go. That is what we have been watching. It would have gone years ago if it wasn’t for the western banking world. Here in the US – the western banking elites representatives is the US Treasury... IMO they are doing everything right to force the US treasuries hand. Iraq told us in Dec. they would totally de-dollarize after Jan 1….
1-23-2024 Intel Guru MarkZ [via PDK] Question: Is tomorrow the big day? MarkZ: We will see soon.
1-23-2024 Newshound Guru Pimpy What is going International? Because their currency is already International. Iraq is international. Did you forget they're on sanctions? ...They're not on the Swift system...That's a biggie. If they get their crap together and get back on the Swift system that would make a world of difference with the exchange rate because then they could start doing business again internationally.
1-23-2024 Newshound Guru Militia Man Everybody's coming together. Everybody's trying to get this country to go. The development Road Projects... cities, industrial cities, agriculture, tourism, all of those things are happening before our eyes and we're watching and waiting to see when they give us that big announcement Saleh told us the country was about to do.
1-23-2024 Intel Guru MarkZ [via PDK] There is an enormous piece of news...Somewhere in the last 48 hours appearing on the website of the Bank of International Settlements (BIS). “Central Bank and Monetary Authority Websites” ...In Iraq they have made it to the BIS website now as a “Central Bank” I believe this is an enormous sign that we are about to see a “boom“ in the World Trade Organization. To me this is a big one.
1-23-2024 Newshound Guru Paulette Community Comment: "IMO- CBI official rate 1310. 1 USD ~ 1310 IQD = 0.000763. Drop the three zeros. 1 USD ~ IQD 0.763 = 1.310" I don't believe .76 USD for one IQD (1.31 IQD/1USD) would be adequate for the Iraqis to want to abandon the more valuable USD...The MOP/MOI study all the way back in 2009 stated 1.14 - 1.18 USD to 1 IQD to start for 3 years prior to reinstating the true value of 3.22 USD per 1 IQD.
1-23-2024 Newshound Guru Fnu Lnu Article: "The Central Bank of Iraq announced the approval from the US Federal Reserve to supply dollar cash in 2024, as part of efforts to stabilize the Iraqi economy and its currency." Quote: "The decision came after officials from the Central Bank of Iraq held a meeting with representatives from the Fed and the US Treasury in Dubai." As of last Thursday, the official market recorded an exchange rate of 1,296 dinars per dollar. It appears the UST is helping Iraq to stabilize. The Dubai meetings concluded with praise for the bank's strategies in reducing dollar transactions in the local market. Iraq could end the parallel market activity by simply revaluing the Dinar above one USD and the black market activity would come to a screeching halt. So why haven’t they? Are they stalling for some reason?
1-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform. They're saying it's a shorter time expected now to complete the reforms. FRANK: He is telling you they are very very close to giving you the new exchange rate with the lower denoms...What happened at Davos put the monetary reform on light speed.
1-23-2024 Newshound Guru Clare Article: "Dollar prices decline in Baghdad and Erbil with the closure"
1-23-2024 Intel Guru MarkZ [via PDK] Comment: I believe the Iraqi dinar has to come back where it went out at. $3.22. And the VND has to come back to $2.27. According to the IMF? MarkZ: If you correct the VND back to its old value it would be about $2.21 to $2.30…depending how they adjust for inflation…but, yeah. This is why I believe certain values will make more sense. These follow historic norms for revaluations.
1-23-2024 Newshound Guru Pimpy When people say they have to be article VIII compliant, they have to delete the 3-zeros, they make it sound like it's a mandate. They don't have to delete the 3-zeros. It's idealistic if they do but they don't have to delete the 3-zeros...No where does it say it's mandated.
1-23-2024 Newshound Guru Militia Man Big push...They are finishing the reforms...But one of the things they need...is an international currency exchange rate. They haven't started pumping oil to the Cyan Port yet, why? Because they haven't had a customs valuation yet. Why haven't they gone to the WTO just yet? Because the WTO is going to need what? Valuation. What did they say they were going to bring in the short term? The customs valuation with the WTO...They need big movements. They're going to need a Real Effective Exchange Rate. 1310 is radically different than what I believe a Real Effective Exchange Rate is.
1-23-2024 Intel Guru Frank26 It's complex, the monetary reform. There are many facets to it. There' are many things happening. There are many levers and buttons being pushed and moved. The beauty of it is these things are actually occurring...I don't know when they're going to release the new exchange rate...All I know is that they are...
1-23-2024 Intel Guru MarkZ [via PDK] Question: Can you clarify who has the authority and final say on the RV of the Iraqi Dinar? MarkZ: It is the US Treasury. But the UST is controlled by the western banking world elites…. That’s who has been stalling it. Iraq and BRICS has been doing everything to force them into a corner where they have no choice but to go. That is what we have been watching. It would have gone years ago if it wasn’t for the western banking world. Here in the US – the western banking elites representatives is the US Treasury... IMO they are doing everything right to force the US treasuries hand. Iraq told us in Dec. they would totally de-dollarize after Jan 1….
1-22-2024 Newshound/Intel Guru Frank26 It's happening. I told you December was for everything to be put into place...The CBI and Sudani made sure everything for monetary reform was in position. Dear God look at it! Since January has come about look at the articles...!
1-22-2024 Newshound Guru Pimpy There is a lot of good news out there for Iraq. But you can't keep reporting the good news and saying that's the reason why it's going to be reinstated at $3.22. There's no way they can carry out all these projects because they can't afford to. That's a lie. They've already calculated it in their budget the necessary money needed to do these projects. They did it at the current rate. Don't fall for that crap.
1-22-2024 Newshound Guru Militia Man Article "The ports discuss the operational plan for the years (2023-2024)" Al-Sudani told us this the year of achievements. Finishing the Port of Faw 100% this year will be flat out amazing. Having it 100% operational is going to bring massive revenue stream into the country for decades and decades to come.
1-22-2024 Newshound Guru Sandy China has decided to take up interest in Iraq and Turkey's Development Road Project. This is exciting and excellent news because China in the picture means Iraq is on the path to success with this entire project. We as investors are looking for the development Road Project to increase the GDP of Iraq and provide another high stream of annual income per the IMF's recommendation. All of this posts to a higher value in the Iraqi currency.
1-22-2024 Newshound/Intel Guru Frank26 The monetary reform IMO is at a stage right now where it is educating the citizens on the next step...Based on what we're seeing what do you think is the next step the Central Bank of Iraq, Sudani and the board of directors are going to enact/activate/push the button of the monetary reform? New small category notes - I agree. The float - I agree. LD's and rate - I agree. Revalue - I agree. HCL - I don't agree. Not yet. Although everything will be poured out of the bucket the moment the new exchange rate occurs and that's the HCL too.
1-22-2024 Newshound/Intel Guru Fnu Lnu In order for Iraq to do business with other nations, under the current regimen (SWIFT), they must use Nostro / Vostro accounts...Nostro comes from the Latin word for "ours," as in "our money that is on deposit at your bank." Vostro comes from the Latin word for "yours," as in "your money that is on deposit at our bank."...These are to be placed on deposit with a designated bank in each and every nation for cross-border payments....How much Iraq has on deposit in other countries depends on how many countries with whom they intend to do business. As we have recently seen, there are quite a few Nations with whom they...have deposited Dinar in their banks and the Nations that will export to Iraq have money in the CBI. Nostro / Vostro accounts have no bearing on the International exchange rate of the Iraqi Dinar.
1-22-2024 Newshound Guru Pimpy I never said it's not going to happen. It absolutely will but it's going to go up in increments IMO. Is Iraq doing what they need to do to get back on track? They are. What are the biggest hurdles? They need to do something about corruption...Unless these things change we're going to have a hard time getting to where we're trying to...change the exchange rate.
1-22-2024 Intel Guru MarkZ [via PDK] Iraq is again discussing the change in dinar value openly. This makes more than 4 articles etc…in the last week. They are expecting a major change in the valuation of their currency soon. Also still talking about pegging to a basket of middle eastern currencies in order to compete with the US dollar. Also in the news there seems to be big happenings in the Iraqi currency auctions. Bringing in much more dinar. They are making all the moves we expect to see just before a revaluation. They are telling us it is coming… it is very clear how close we are.
1-22-2024 Newshound Guru Clare Article "Parliamentary Finance Committee: A surplus of more than 10 trillion in the 2023 budget” Quote "The total revenues of the Iraqi state, as of November 2023, amounted to more than 121 trillion dinars, while expenditures amounted to more than 110 trillion dinars, which means there is a surplus of more than 10 trillion dinars, according to the Iraqi Ministry of Finance.
1-22-2024 Newshound/Intel Guru Frank26 For any Iraqi that lives outside of Iraq they will take advantage and exchange their 3-zero notes for American dollars. The monetary reform is getting louder and louder everyday and very direct. There is no confusion. There's no need to wonder when it's going to happen because they're telling you it's happening. IMO the lower denoms, new exchange rate and the float in the basket is the next phase of your monetary reform...Prime Minister Sudani is bragging about it right now...
1-22-2024 Newshound Guru Militia Man The whole thing is basically doing what? Restoring confidence, engaging the private sector. Iraq's going to be going international. What we expect to see is that Iraq has an IMF article VIII compliant currency that has a Real Effective Exchange Rate (REER) that supports the value of the currency and does restore that confidence...Is 1310 exchange rate going to restore confidence? ...In my belief absolutely not.
1-22-2024 Newshound Guru Pimpy There is a lot of good news out there for Iraq. But you can't keep reporting the good news and saying that's the reason why it's going to be reinstated at $3.22. There's no way they can carry out all these projects because they can't afford to. That's a lie. They've already calculated it in their budget the necessary money needed to do these projects. They did it at the current rate. Don't fall for that crap.
1-22-2024 Newshound Guru Militia Man Article "The ports discuss the operational plan for the years (2023-2024)" Al-Sudani told us this the year of achievements. Finishing the Port of Faw 100% this year will be flat out amazing. Having it 100% operational is going to bring massive revenue stream into the country for decades and decades to come.
1-22-2024 Newshound Guru Sandy China has decided to take up interest in Iraq and Turkey's Development Road Project. This is exciting and excellent news because China in the picture means Iraq is on the path to success with this entire project. We as investors are looking for the development Road Project to increase the GDP of Iraq and provide another high stream of annual income per the IMF's recommendation. All of this posts to a higher value in the Iraqi currency.
1-22-2024 Newshound/Intel Guru Frank26 The monetary reform IMO is at a stage right now where it is educating the citizens on the next step...Based on what we're seeing what do you think is the next step the Central Bank of Iraq, Sudani and the board of directors are going to enact/activate/push the button of the monetary reform? New small category notes - I agree. The float - I agree. LD's and rate - I agree. Revalue - I agree. HCL - I don't agree. Not yet. Although everything will be poured out of the bucket the moment the new exchange rate occurs and that's the HCL too.
1-22-2024 Newshound/Intel Guru Fnu Lnu In order for Iraq to do business with other nations, under the current regimen (SWIFT), they must use Nostro / Vostro accounts...Nostro comes from the Latin word for "ours," as in "our money that is on deposit at your bank." Vostro comes from the Latin word for "yours," as in "your money that is on deposit at our bank."...These are to be placed on deposit with a designated bank in each and every nation for cross-border payments....How much Iraq has on deposit in other countries depends on how many countries with whom they intend to do business. As we have recently seen, there are quite a few Nations with whom they...have deposited Dinar in their banks and the Nations that will export to Iraq have money in the CBI. Nostro / Vostro accounts have no bearing on the International exchange rate of the Iraqi Dinar.
1-22-2024 Newshound Guru Pimpy I never said it's not going to happen. It absolutely will but it's going to go up in increments IMO. Is Iraq doing what they need to do to get back on track? They are. What are the biggest hurdles? They need to do something about corruption...Unless these things change we're going to have a hard time getting to where we're trying to...change the exchange rate.
1-22-2024 Intel Guru MarkZ [via PDK] Iraq is again discussing the change in dinar value openly. This makes more than 4 articles etc…in the last week. They are expecting a major change in the valuation of their currency soon. Also still talking about pegging to a basket of middle eastern currencies in order to compete with the US dollar. Also in the news there seems to be big happenings in the Iraqi currency auctions. Bringing in much more dinar. They are making all the moves we expect to see just before a revaluation. They are telling us it is coming… it is very clear how close we are.
1-22-2024 Newshound Guru Clare Article "Parliamentary Finance Committee: A surplus of more than 10 trillion in the 2023 budget” Quote "The total revenues of the Iraqi state, as of November 2023, amounted to more than 121 trillion dinars, while expenditures amounted to more than 110 trillion dinars, which means there is a surplus of more than 10 trillion dinars, according to the Iraqi Ministry of Finance.
1-22-2024 Newshound/Intel Guru Frank26 For any Iraqi that lives outside of Iraq they will take advantage and exchange their 3-zero notes for American dollars. The monetary reform is getting louder and louder everyday and very direct. There is no confusion. There's no need to wonder when it's going to happen because they're telling you it's happening. IMO the lower denoms, new exchange rate and the float in the basket is the next phase of your monetary reform...Prime Minister Sudani is bragging about it right now...
1-22-2024 Newshound Guru Militia Man The whole thing is basically doing what? Restoring confidence, engaging the private sector. Iraq's going to be going international. What we expect to see is that Iraq has an IMF article VIII compliant currency that has a Real Effective Exchange Rate (REER) that supports the value of the currency and does restore that confidence...Is 1310 exchange rate going to restore confidence? ...In my belief absolutely not.
1-21-2024 Newshound Guru Paulette I am very encouraged that if they can get their parallel Market Rate within 2% ending the MCP they currently have everything we are hoping for will begin to move quickly. Based on Aki's reports, it appears all is ready behind the scenes.
1-21-2024 Newshound Guru Militia Man It's absolutely a fact Iraq is taking about the WTO. They're taking it serous. Saudi Arabia being one of the main focus points in the region are giving utmost support...They said there's no political boundaries anymore. They've completed everything they need to do to get in. I think it's awesome. I think it's great.
1-21-2024 Newshound Guru Pimpy [Response to Nader's Iraq's economy is one of the best in the world below] No it's not. Not right now...There are other contributing factors...I agree in the future [they're going to be fine] but I'm talking about now...Anything is possible in the future but in their current position these things are what's wrong that need fixed...
1-21-2024 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK cont: They will never talk to you about something that needs to be done. They will talk to you about it after it is done. That is what is called the float and that is what is going to take you back to your RI. Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...The goal of the CBI is to reach the Real Effective Exchange Rate. In doing so it adds value to you even though it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for. [Post 2 of 2]
1-21-2024 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar. FRANK: Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you. This is the next phase IOO...This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar. [Post 1 of 2]
1-21-2024 Newshound Guru Clare Article "An exciting statement by Al-Sudani: How will Iraq double its non-oil revenues by 200% in just two years?" Quote "For oil revenues to be 80% of total revenues, non-oil revenues must be more than 24 trillion dinars, which means doubling them by about 200% of their current number"
1-21-2024 Newshound Guru Militia Man Al-Sudani, Central Bank of Iraq, the whole country is going to bring confidence to the International financial system and they also stated the largest banks in the world...who's there [in Davos] is involved, JP Morgan Chase and all the bigger banks.
1-21-2024 Newshound Guru Pimpy Infrastructure, education, tourism, oil and gas, agriculture, electricity, energy - a big chunk of these projects are targeted to be done the end of 2025...If this is accomplished by Iraq this would be a huge facelift to the entire country...Now what is the problem Iraq has always had? In the past...they would start them and then steal the money and never complete the projects...IF they could just keep the corruption low and do what they say they're going to do, these are why I think the Iraqi dinar will go up in increments...
1-21-2024 Intel Guru Nader From The Mid East Iraq survived the worst thing in their life. We survived 3 or 4 wars in the last 50 years. We survived it and each time we came back and we came back strong. This time we're going to come back very strong...Iraq economy never collapse by himself. Iraq economy always stable unless somebody else disable it for them. Iraq's economy is one of the best economy in the world and it's going to come back to the best economy in the world. The negative things about Iraq will never revalue, it's a scam, that's all bullshit. Iraq's going to come back one day and it's coming to come back soon. [Post 2 of 2]
1-21-2024 Intel Guru Nader From The Mid East We coming out from war. We coming out from the worst thing in our life. We just start to walk...We just start to grow...It almost collapsed but didn't collapse. It maintained itself and maintained himself stable...The only thing that destabilize the economy of Iraq is the war...Iraq is a very strong country...In a couple years Iraq is going to be one of the stronger countries in the world...Iraq is very strong. [Post 1 of 2]
1-21-2024 Newshound/Intel Guru Frank26 Article "The International Monetary Fund welcomes Iraq's accession to a program that supports economic reforms" All I could say was Holy cow! That's huge. The IMF, remember who they are. They are the one who give Iraq/CBI permission to raise or lower the value of their currency, to print or to destroy currency. Everything they do in their banking structure is governed by the IMF...This is the announcement by the IMF that Iraq is international.
1-21-2024 Newshound Guru Militia Man It's absolutely a fact Iraq is taking about the WTO. They're taking it serous. Saudi Arabia being one of the main focus points in the region are giving utmost support...They said there's no political boundaries anymore. They've completed everything they need to do to get in. I think it's awesome. I think it's great.
1-21-2024 Newshound Guru Pimpy [Response to Nader's Iraq's economy is one of the best in the world below] No it's not. Not right now...There are other contributing factors...I agree in the future [they're going to be fine] but I'm talking about now...Anything is possible in the future but in their current position these things are what's wrong that need fixed...
1-21-2024 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK cont: They will never talk to you about something that needs to be done. They will talk to you about it after it is done. That is what is called the float and that is what is going to take you back to your RI. Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...The goal of the CBI is to reach the Real Effective Exchange Rate. In doing so it adds value to you even though it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for. [Post 2 of 2]
1-21-2024 Newshound/Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar. FRANK: Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you. This is the next phase IOO...This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar. [Post 1 of 2]
1-21-2024 Newshound Guru Clare Article "An exciting statement by Al-Sudani: How will Iraq double its non-oil revenues by 200% in just two years?" Quote "For oil revenues to be 80% of total revenues, non-oil revenues must be more than 24 trillion dinars, which means doubling them by about 200% of their current number"
1-21-2024 Newshound Guru Militia Man Al-Sudani, Central Bank of Iraq, the whole country is going to bring confidence to the International financial system and they also stated the largest banks in the world...who's there [in Davos] is involved, JP Morgan Chase and all the bigger banks.
1-21-2024 Newshound Guru Pimpy Infrastructure, education, tourism, oil and gas, agriculture, electricity, energy - a big chunk of these projects are targeted to be done the end of 2025...If this is accomplished by Iraq this would be a huge facelift to the entire country...Now what is the problem Iraq has always had? In the past...they would start them and then steal the money and never complete the projects...IF they could just keep the corruption low and do what they say they're going to do, these are why I think the Iraqi dinar will go up in increments...
1-21-2024 Intel Guru Nader From The Mid East Iraq survived the worst thing in their life. We survived 3 or 4 wars in the last 50 years. We survived it and each time we came back and we came back strong. This time we're going to come back very strong...Iraq economy never collapse by himself. Iraq economy always stable unless somebody else disable it for them. Iraq's economy is one of the best economy in the world and it's going to come back to the best economy in the world. The negative things about Iraq will never revalue, it's a scam, that's all bullshit. Iraq's going to come back one day and it's coming to come back soon. [Post 2 of 2]
1-21-2024 Intel Guru Nader From The Mid East We coming out from war. We coming out from the worst thing in our life. We just start to walk...We just start to grow...It almost collapsed but didn't collapse. It maintained itself and maintained himself stable...The only thing that destabilize the economy of Iraq is the war...Iraq is a very strong country...In a couple years Iraq is going to be one of the stronger countries in the world...Iraq is very strong. [Post 1 of 2]
1-21-2024 Newshound/Intel Guru Frank26 Article "The International Monetary Fund welcomes Iraq's accession to a program that supports economic reforms" All I could say was Holy cow! That's huge. The IMF, remember who they are. They are the one who give Iraq/CBI permission to raise or lower the value of their currency, to print or to destroy currency. Everything they do in their banking structure is governed by the IMF...This is the announcement by the IMF that Iraq is international.
1-20-2024 Newshound Guru Paulette Community Comment "We've been told in the last couple of weeks that we may only have 30 days to exchange, no one knows....and that we may not be able to take advantage of any float..." I don't think the 30 days is a probability. It certainly may be a possibility. I hope not for MANY reasons...This is a speculative investment.
1-20-2024 Newshound Guru Militia Man .0006 or .0007 as far as exchange rates concerned, when they drop the 3 zeros off of that it makes a big difference. Do a little math. Get a calculator and see what the difference is when you have .0007 to the dollar and you drop those 3 zeros and see what the calculation is. You can see there's a big difference...It's phenomenal wonderful stuff.
1-20-2024 Intel Guru Frank26 Question "How long will it take for the US to update the IQD price?" Instantly, the moment the CBI pulls the switch on the new exchange rate. It's electronic. It pops up everywhere.
1-20-2024 Newshound/Intel Guru Fnu Lnu I'M BELIEVING THAT THE DINAR WILL REVALUE AND VERY VERY SOON. IT ONLY MAKES SENSE THAT IT WILL COME OUT HIGH, PERHAPS $10, AND THEY WILL ALLOW IT TO SETTLE. THIS GIVES IRAQ A BIG ADVANTAGE FOR BUYING RECONSTRUCTION MATERIALS AND PAYING CONTRACTORS AND THEN ALLOW IT TO SETTLE DOWNWARD TO REACH AROUND $3.90 - $4.20.
1-20-2024 Newshound Guru Pimpy Article "Unshackling the Iraqi dinar...Iraq possesses over 100 billion in reserves parked at the US banks rendering it dependent on US officials goodwill" I was speaking about this before, the United States has to approve most everything the Iraqi government does, which means Iraq is not in a good position. The reason for that is they have to do whatever the American government wants...You think they are going to have what's best for the Iraqi people? No. They're more interested in these big corporations and doing what they can do to hold down the value of the Iraqi dinar...
1-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banking news today on Channel One for the first time ever they're telling us our bank in Iraq have recorded assets over 200 trillion dollars. News says accounts are up all over the place. FRANK: I kept telling you, you have no idea how much they have to back up their currency. That's just assets. You also have futures in the ground, contracts that have been signed, supply and demand of the basket...I get the chills thinking about the power of this nation.
1-20-2024 Newshound Guru Clare Article "For the first time...the assets of Iraqi banks record an unprecedented number" quote “the volume of assets of Iraqi banks operating in Iraq amounted to more than 202 trillion dinars, which is the first time that it has exceeded the barrier of 200 trillion dinars.”
1-20-2024 Newshound Guru Militia Man Sudani...I think he's right when he says 2024 is going to be a year of achievement...We haven't seen the spending of the '23 budget yet nor have we se a pumping of that oil just yet and nor have we seen a full-blown assession to the World Trade Organization yet. Why is that? Because we probably have to wait to hear what they have to say when it comes to a Real Effective Exchange Rate. Hopefully that's what we'll see...in a very very short period of time.
1-20-2024 Intel Guru MarkZ [via PDK] Comment: Vietnam is sitting really pretty in their economy. They are main processors of silver! And get this, Cinnamon! MarkZ: News from Vietnam: “Vietnam treads the path to becoming an International Financial Hub” There is a lot of pressure from countries around the world for Vietnam to move their currency value up. Great things happening there.
1-20-2024 Intel Guru Frank26 [Hypothetical conversation with the CBI] The next phase is to put our currency [dinar] in a basket. We have control of it do we not? It's all the way down to 1310/1320 so close to 1200 or 1000. We have control of the auctions have we not? Yes. We have control over our reserves have we not? Yes. You have it all...These other currencies don't mind going in a basket with you? No. They know by going into that basket supply and demand will be called upon for everyone in the basket...Iraq is the prettiest girl in town.
1-20-2024 Newshound/Intel Guru Mnt Goat Finally, the CBI has told us many times already that January is the most opportune time to reinstate for accounting purposes, since it begins their new FISCAL year (for accounting purposes). Imminent World Trade Organization full accession. Just be patient, the reinstatement is coming and I firmly believe from what we now know there is a very strong likelihood we NOT are going to be at the banks in early 2024 but there is still strong hope for early part of the new year. There is no guarantees and so no one really knows a date when the event will occur. Let’s just follow the FACTS and see where they lead us…okay? Iraq is full of surprises and so anything is possible. [Post 3 of 3]
1-20-2024 Newshound/Intel Guru Mnt Goat We know since January they have undertaken a massive “de-dollarization” program and told it should have taken 6 years but they decided to do it in 1 year (2023). Why such a hurry? We know the value of the IQD right now does exceed even pre-1991 era but still at 1/6 of a penny for a rate? The value won’t go up, its already there... Why is it being suppressed? Iraq needs to see a rate reflecting the TRUE VALUE. What is holding it back? We know Iraq now pumps 2/3 more oil than in pre-1991 era. Iraq also has announced 132+ tons of GOLD reserves. We know they are pushing this year alone, more than any other year since 2005, for the passing of Oil and Gas law. Why? We know for a FACT that it is the U.S. through the Treasury Dept. direction that will NOT give sign-off to allow the reinstatement. Why? [Post 2 of 3....stay tuned]
1-20-2024 Newshound/Intel Guru Mnt Goat So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate its own currency? Why do I say “now is the time”? We know they are completely out of Chapter VII sanctions since December 2022...We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody...We know they have plans for yet more Sovereign Funds to invest their reserves. We know they are making agreements now for “currency swaps” for trade...as Iraq will no longer be using any US dollars in Iraq as of January 1st 2024. We know that the IMF is now working on the final stages of pulling together agreements to build a new basket of six (6) currencies to re-peg the IQD. More pressure from Iraqi economics advisors to the government to use a “basket” of currencies for the new dinar peg. This is the IMF plan of 2011 all along. [Post 1 of 3....stay tuned]
1-20-2024 Newshound Guru Militia Man .0006 or .0007 as far as exchange rates concerned, when they drop the 3 zeros off of that it makes a big difference. Do a little math. Get a calculator and see what the difference is when you have .0007 to the dollar and you drop those 3 zeros and see what the calculation is. You can see there's a big difference...It's phenomenal wonderful stuff.
1-20-2024 Intel Guru Frank26 Question "How long will it take for the US to update the IQD price?" Instantly, the moment the CBI pulls the switch on the new exchange rate. It's electronic. It pops up everywhere.
1-20-2024 Newshound/Intel Guru Fnu Lnu I'M BELIEVING THAT THE DINAR WILL REVALUE AND VERY VERY SOON. IT ONLY MAKES SENSE THAT IT WILL COME OUT HIGH, PERHAPS $10, AND THEY WILL ALLOW IT TO SETTLE. THIS GIVES IRAQ A BIG ADVANTAGE FOR BUYING RECONSTRUCTION MATERIALS AND PAYING CONTRACTORS AND THEN ALLOW IT TO SETTLE DOWNWARD TO REACH AROUND $3.90 - $4.20.
1-20-2024 Newshound Guru Pimpy Article "Unshackling the Iraqi dinar...Iraq possesses over 100 billion in reserves parked at the US banks rendering it dependent on US officials goodwill" I was speaking about this before, the United States has to approve most everything the Iraqi government does, which means Iraq is not in a good position. The reason for that is they have to do whatever the American government wants...You think they are going to have what's best for the Iraqi people? No. They're more interested in these big corporations and doing what they can do to hold down the value of the Iraqi dinar...
1-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banking news today on Channel One for the first time ever they're telling us our bank in Iraq have recorded assets over 200 trillion dollars. News says accounts are up all over the place. FRANK: I kept telling you, you have no idea how much they have to back up their currency. That's just assets. You also have futures in the ground, contracts that have been signed, supply and demand of the basket...I get the chills thinking about the power of this nation.
1-20-2024 Newshound Guru Clare Article "For the first time...the assets of Iraqi banks record an unprecedented number" quote “the volume of assets of Iraqi banks operating in Iraq amounted to more than 202 trillion dinars, which is the first time that it has exceeded the barrier of 200 trillion dinars.”
1-20-2024 Newshound Guru Militia Man Sudani...I think he's right when he says 2024 is going to be a year of achievement...We haven't seen the spending of the '23 budget yet nor have we se a pumping of that oil just yet and nor have we seen a full-blown assession to the World Trade Organization yet. Why is that? Because we probably have to wait to hear what they have to say when it comes to a Real Effective Exchange Rate. Hopefully that's what we'll see...in a very very short period of time.
1-20-2024 Intel Guru MarkZ [via PDK] Comment: Vietnam is sitting really pretty in their economy. They are main processors of silver! And get this, Cinnamon! MarkZ: News from Vietnam: “Vietnam treads the path to becoming an International Financial Hub” There is a lot of pressure from countries around the world for Vietnam to move their currency value up. Great things happening there.
1-20-2024 Intel Guru Frank26 [Hypothetical conversation with the CBI] The next phase is to put our currency [dinar] in a basket. We have control of it do we not? It's all the way down to 1310/1320 so close to 1200 or 1000. We have control of the auctions have we not? Yes. We have control over our reserves have we not? Yes. You have it all...These other currencies don't mind going in a basket with you? No. They know by going into that basket supply and demand will be called upon for everyone in the basket...Iraq is the prettiest girl in town.
1-20-2024 Newshound/Intel Guru Mnt Goat Finally, the CBI has told us many times already that January is the most opportune time to reinstate for accounting purposes, since it begins their new FISCAL year (for accounting purposes). Imminent World Trade Organization full accession. Just be patient, the reinstatement is coming and I firmly believe from what we now know there is a very strong likelihood we NOT are going to be at the banks in early 2024 but there is still strong hope for early part of the new year. There is no guarantees and so no one really knows a date when the event will occur. Let’s just follow the FACTS and see where they lead us…okay? Iraq is full of surprises and so anything is possible. [Post 3 of 3]
1-20-2024 Newshound/Intel Guru Mnt Goat We know since January they have undertaken a massive “de-dollarization” program and told it should have taken 6 years but they decided to do it in 1 year (2023). Why such a hurry? We know the value of the IQD right now does exceed even pre-1991 era but still at 1/6 of a penny for a rate? The value won’t go up, its already there... Why is it being suppressed? Iraq needs to see a rate reflecting the TRUE VALUE. What is holding it back? We know Iraq now pumps 2/3 more oil than in pre-1991 era. Iraq also has announced 132+ tons of GOLD reserves. We know they are pushing this year alone, more than any other year since 2005, for the passing of Oil and Gas law. Why? We know for a FACT that it is the U.S. through the Treasury Dept. direction that will NOT give sign-off to allow the reinstatement. Why? [Post 2 of 3....stay tuned]
1-20-2024 Newshound/Intel Guru Mnt Goat So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate its own currency? Why do I say “now is the time”? We know they are completely out of Chapter VII sanctions since December 2022...We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody...We know they have plans for yet more Sovereign Funds to invest their reserves. We know they are making agreements now for “currency swaps” for trade...as Iraq will no longer be using any US dollars in Iraq as of January 1st 2024. We know that the IMF is now working on the final stages of pulling together agreements to build a new basket of six (6) currencies to re-peg the IQD. More pressure from Iraqi economics advisors to the government to use a “basket” of currencies for the new dinar peg. This is the IMF plan of 2011 all along. [Post 1 of 3....stay tuned]
1-19-2024 Intel Guru Frank26 Question: "Do you think Iraq will depose current currency once revalued?" Once they revalue of course they're going to get rid of the currency...the 3-zero notes. They will introduce the lower denominations and the fils to the citizens. But it needs a different exchange rate that would match it to give it value. The exchange rate right now is so low there is no value...
1-19-2024 Newshound Guru Militia Man They're taking the public and the private sector and they're merging them together so they can move this into a full-blown market economy...
1-19-2024 Intel Guru MarkZ [via PDK] Question: Any word on any Whales being paid or on any NDA's? MarkZ: I am hearing a ton about it but have not been able to verify anything. I have talked to a number of them and they have great expectations and are expecting payments very soon. They have been told they will have a “iron clad NDA” ...I think that is their way of saying “when I can’t say anything” that this means they have funds and NDA’s signed. But, they are still talking right now. ...these are the facts I have from people involved.
1-19-2024 Intel Guru Bruce [via WiserNow] ...we heard from...one of our contact in Iraq...that not only do we have an international rate and an in country rate - which are different – for Iraq - but we also have Iraq trading that rate on the Iraqi dinar internationally...about when markets close ...Friday...banks close around six o'clock - somewhere in that timeframe the Iraqi dinar - the new Iraqi dinar rate will be trading internationally - and that we should see it here...in the US...Now we know where the dinar closed [Thursday] we know where it was a couple of days ago on Tuesday and it's still really strong ...trading range way above the international rates and way above the in country rate for Iraq...One of our very strongest highest banks and sources is saying that we will have our notifications by or before Saturday - this coming Saturday...I think we're we're almost home.
1-19-2024 Newshound Guru Paulette The CBI has clearly stated to the Citizens that they should not fear the implementation of the Delete the Zeros Project as they plan to do it in a manner to minimize confusion and the 3 zero series currency will co-exist for a period of 2 years in the marketplace and up to ten years through the Banks.
1-19-2024 Newshound Guru Fnu Lnu A "small increase" will do nothing to jump-start their economy. They need big bucks in a hurry as they must import almost everything at this point but soon will be a powerhouse in the middle east.
1-19-2024 Newshound Guru Pimpy IMO they'll go up in increments. One of the things Iraq needs to really start working on is non oil revenue...A lot of [construction] projects started in 2023, a huge chunk of them start in 2024. The deadlines are between the end of this year stretching out all the way to 2028 with the bulk of them having a deadline of 2025. This is a lot of job opportunities. This is a lot of infrastructure being done. This is a huge change in Iraq. All of this strengthens their economy and...strengthen the use of the Iraq dinar...This is not small by any stretch of the imagination...When Sudani said 2024 was going to be the time Iraq was going to change, this is what he's talking about. This is huge...This is what I'm focused on. There are hundreds and hundreds and hundreds of projects starting in Iraq...
1-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: House of Representatives is talking today about what is needed in the final steps of the WTO. We are part of it now. They've told us this. Iraq can perform global trades. They're talking about this how it's needed for our monetary reform.
1-19-2024 Newshound Guru Militia Man Article: "The International Monetary Fund welcomes Iraq's accession to a program that supports economic reforms" Quote: "Thursday...the International Monetary Fund welcomed Iraq’s accession to a non-financing program to support economic reforms" After decades of involvement...the specificity of many things are likely to be known by the IMF,
exchange rate regimes be sure. For Iraq to be moving forward with all reforms ...in that there is no financing needed should be eye opening for everyone. How does non-financing work with the IQD at 1,310 IQD to 1 USD for to pay for projects and commodities? It has not ever while with an IQD exchange rate of $.0006 or even $.0007 to the dollar. So why would it be any different now? It clearly wouldn't.
1-19-2024 Intel Guru MarkZ [via PDK] “Iraq won the position of Director General of the Arab World Institute in Paris” This means they are on the world stage. What is going to be necessary for this? Full membership in the WTO and a new rate. That would make sense. Yesterday was a great news day from Iraq where they are openly talking about changing their value and a rate competing with the US dollar.
1-19-2024 Newshound Guru Clare Article: "Al-Sudani concludes his visit to Switzerland and returns to Baghdad" Quote: "meetings were also held on its sidelines, which are the following: ■ Meeting with French President Emmanuel Macron ■ President of the Swiss Confederation, Viola Amherd ■ Secretary-General of the United Nations, António Guterres ■ Secretary General of the North Atlantic Treaty Organization (NATO) ■ US National Security Advisor ■ President of the World Bank Group ■ Director General of the International Monetary Fund ■ President of the European Commission ■ President of the European Bank for Reconstruction and Development (EBRD) ■ Saudi Ministers of Trade and Investment ■ International Finance Corporation (IFC). ■ regional CEO of JPMorgan ■ Secretary-General of the Organization for Digital Cooperation ■ President of HKN Energy Oil Company ■ 57 international companies specialized in oil, energy, and other economic fields ■ Interview with Bloomberg website ■ Interview with the Wall Street Journal
1-19-2024 Intel Guru Bruce [via WiserNow] The Dong is also going to be at a really good rate way higher than we thought in the old days, way higher and where they do not have a contract rate on the Dong – And never have - we understand, they will offer us a very substantial higher rate.
1-19-2024 Intel Guru Frank26 IMO those of you that deal in commodities...you saw 1.68...on the 15th. Today you saw 3.04 on the commodity trades with the Iraqi dinar and you saw it being done in Iraqi dinars, no other foreign currency ...based on what we are seeing, they are agreeing to the future rate of the Iraqi dinar in commodities in dinars. These are contracts...to buy or sell a specific quantity of a physical commodity at a specific price on a particular date. Basically what you saw...IMO are Futures.
1-19-2024 Intel Guru MarkZ [via PDK] “Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program” They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to have a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq. We just don’t know the exact time…but know they are prepared. And they told us via an article...that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar.
1-19-2024 Newshound Guru Militia Man They're taking the public and the private sector and they're merging them together so they can move this into a full-blown market economy...
1-19-2024 Intel Guru MarkZ [via PDK] Question: Any word on any Whales being paid or on any NDA's? MarkZ: I am hearing a ton about it but have not been able to verify anything. I have talked to a number of them and they have great expectations and are expecting payments very soon. They have been told they will have a “iron clad NDA” ...I think that is their way of saying “when I can’t say anything” that this means they have funds and NDA’s signed. But, they are still talking right now. ...these are the facts I have from people involved.
1-19-2024 Intel Guru Bruce [via WiserNow] ...we heard from...one of our contact in Iraq...that not only do we have an international rate and an in country rate - which are different – for Iraq - but we also have Iraq trading that rate on the Iraqi dinar internationally...about when markets close ...Friday...banks close around six o'clock - somewhere in that timeframe the Iraqi dinar - the new Iraqi dinar rate will be trading internationally - and that we should see it here...in the US...Now we know where the dinar closed [Thursday] we know where it was a couple of days ago on Tuesday and it's still really strong ...trading range way above the international rates and way above the in country rate for Iraq...One of our very strongest highest banks and sources is saying that we will have our notifications by or before Saturday - this coming Saturday...I think we're we're almost home.
1-19-2024 Newshound Guru Paulette The CBI has clearly stated to the Citizens that they should not fear the implementation of the Delete the Zeros Project as they plan to do it in a manner to minimize confusion and the 3 zero series currency will co-exist for a period of 2 years in the marketplace and up to ten years through the Banks.
1-19-2024 Newshound Guru Fnu Lnu A "small increase" will do nothing to jump-start their economy. They need big bucks in a hurry as they must import almost everything at this point but soon will be a powerhouse in the middle east.
1-19-2024 Newshound Guru Pimpy IMO they'll go up in increments. One of the things Iraq needs to really start working on is non oil revenue...A lot of [construction] projects started in 2023, a huge chunk of them start in 2024. The deadlines are between the end of this year stretching out all the way to 2028 with the bulk of them having a deadline of 2025. This is a lot of job opportunities. This is a lot of infrastructure being done. This is a huge change in Iraq. All of this strengthens their economy and...strengthen the use of the Iraq dinar...This is not small by any stretch of the imagination...When Sudani said 2024 was going to be the time Iraq was going to change, this is what he's talking about. This is huge...This is what I'm focused on. There are hundreds and hundreds and hundreds of projects starting in Iraq...
1-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: House of Representatives is talking today about what is needed in the final steps of the WTO. We are part of it now. They've told us this. Iraq can perform global trades. They're talking about this how it's needed for our monetary reform.
1-19-2024 Newshound Guru Militia Man Article: "The International Monetary Fund welcomes Iraq's accession to a program that supports economic reforms" Quote: "Thursday...the International Monetary Fund welcomed Iraq’s accession to a non-financing program to support economic reforms" After decades of involvement...the specificity of many things are likely to be known by the IMF,
exchange rate regimes be sure. For Iraq to be moving forward with all reforms ...in that there is no financing needed should be eye opening for everyone. How does non-financing work with the IQD at 1,310 IQD to 1 USD for to pay for projects and commodities? It has not ever while with an IQD exchange rate of $.0006 or even $.0007 to the dollar. So why would it be any different now? It clearly wouldn't.
1-19-2024 Intel Guru MarkZ [via PDK] “Iraq won the position of Director General of the Arab World Institute in Paris” This means they are on the world stage. What is going to be necessary for this? Full membership in the WTO and a new rate. That would make sense. Yesterday was a great news day from Iraq where they are openly talking about changing their value and a rate competing with the US dollar.
1-19-2024 Newshound Guru Clare Article: "Al-Sudani concludes his visit to Switzerland and returns to Baghdad" Quote: "meetings were also held on its sidelines, which are the following: ■ Meeting with French President Emmanuel Macron ■ President of the Swiss Confederation, Viola Amherd ■ Secretary-General of the United Nations, António Guterres ■ Secretary General of the North Atlantic Treaty Organization (NATO) ■ US National Security Advisor ■ President of the World Bank Group ■ Director General of the International Monetary Fund ■ President of the European Commission ■ President of the European Bank for Reconstruction and Development (EBRD) ■ Saudi Ministers of Trade and Investment ■ International Finance Corporation (IFC). ■ regional CEO of JPMorgan ■ Secretary-General of the Organization for Digital Cooperation ■ President of HKN Energy Oil Company ■ 57 international companies specialized in oil, energy, and other economic fields ■ Interview with Bloomberg website ■ Interview with the Wall Street Journal
1-19-2024 Intel Guru Bruce [via WiserNow] The Dong is also going to be at a really good rate way higher than we thought in the old days, way higher and where they do not have a contract rate on the Dong – And never have - we understand, they will offer us a very substantial higher rate.
1-19-2024 Intel Guru Frank26 IMO those of you that deal in commodities...you saw 1.68...on the 15th. Today you saw 3.04 on the commodity trades with the Iraqi dinar and you saw it being done in Iraqi dinars, no other foreign currency ...based on what we are seeing, they are agreeing to the future rate of the Iraqi dinar in commodities in dinars. These are contracts...to buy or sell a specific quantity of a physical commodity at a specific price on a particular date. Basically what you saw...IMO are Futures.
1-19-2024 Intel Guru MarkZ [via PDK] “Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program” They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to have a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq. We just don’t know the exact time…but know they are prepared. And they told us via an article...that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar.
1-18-2024 Newshound Guru Pimpy I'm not the 100% good news guru, sorry. I'm the grounded and I'm just going to tell you the truth guru - Good, bad or ugly. I'm hated in the dinar community. I was given the bad body of the dinar community label which is kinda funny because you would think I would be the good boy because I'm being honest...But it doesn't bother me...This is about what we need to accomplish, what direction we're going into, how much we've accomplished, How close is it to a reality...
1-18-2024 Newshound Guru Militia Man The fun part is we are watching history in the making...Saudi Arabia strongly supports Iraq's ascension to the World Trade Organization...They've basically said Iraq has completed everything needed to be done. Everything is just shy of announcing they have WTO ascension.
1-18-2024 Intel Guru Frank26 Article: "JPMorgan Bank announces its readiness to open accounts for three private Iraqi banks" HEY CHASE BANK MANAGER... READ 'EM & WEEP!!! I TOLD YOU SO!
1-18-2024 Intel Guru MarkZ [via PDK] We have articles that say their ascension to the WTO was approved back in Feb of 2023. At this point I believe they are just dotting the i’s and crossing the t’s …. My contracting sources in Iraq say the valuation has been determined …and we are just waiting on the release. I think that is very accurate...
1-18-2024 Guru Nader From The Mid East The export of oil is going to go up. Tourism...go back to normal. A lot of things will go back. But nobody know that. I see a lot of negative things. Everybody is talking bullshit. They are going to have to revalue it [the dinar]....
1-18-2024 Newshound Guru Sandy Ingram So far the conflicts in the Middle East have not affected the Iraqi dinar exchange rate. Iraq continues to increase its GDP and create more streams of income outside of the oil industry. These are the recommendations of the IMF to create economic stability.
1-18-2024 Newshound Guru Pimpy Let me make this perfectly clear, the deletion of the zeros has nothing to do with the exchange rate. They're talking specifically about the bank note...
1-18-2024 Newshound Guru Militia Man The deletion of the zeros project off the exchange rate. Alaq has done it. Seleh has come out and done it in the last two days...It's fresh. It's important. We all know the WTO is about trade. If anybody thinks they were going to do this at 1310, show me why because they could have that that a year ago at 1450...They didn't...
1-18-2024 Newshound Guru Clare Article: "JPMorgan Bank announces its readiness to open accounts for three private Iraqi banks " Quote: "JPMorgan Regional CEO for the Middle East and North Africa, Khaled Hoballah, announced ...the bank’s readiness to enhance cooperation with Iraq and open accounts for three private Iraqi banks."
1-18-2024 Newshound Guru Samson Article 1: "JPMorgan plans to open accounts for 3 Iraqi banks" Article 2: "Al-Sudani discusses trading in digital currencies with JP Morgan Bank"
1-18-2024 Intel Guru MarkZ [via PDK] They are calling to no longer have a fixed rate. But, attaching it to a basket so its value can compete with the USD. You know they have been working on de-dollarization. One US dollar buys 1300 dinar right now. For it to compete with the US dollar…the rate needs to be a whole lot closer...I know things have been moving slowly, slowly, slowly… I think we are about to see the “suddenly” part of this thing.
1-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television showing Sudani in Davos. He's sitting right next to JP Morgan. A representative on the news showing they are ready to open three more branches here in Iraq with private Iraqi banks... FRANK: JP Morgan...knows what's going on and they know that a new exchange rate is coming. The employees of Chase don't know anything but the Chief Executive Officer of Chase, Dimon obviously does know and is making an amazing statement in these articles...
1-18-2024 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: Economic experts in Iraq are talking about using a basket of currencies. They are talking using other currencies and for the dinar to compete with the value of the dollar. MarkZ: When you said Iraq plans to compete with the US dollar- They cannot compete with the USD at 1 dollar buying 1310 dinar. Militia Man: I just read that the basket of currencies with the Euro, the Chinese yuan, and the UAE durham will be used to value the Iraqi dinar in the way that competes with the US dollar. That is the quote. MarkZ: That is telling.
1-18-2024 Intel Guru Bruce [via WiserNow] So today we heard that there was an in country rate on the dinar little over $3 - That's in country - for Iraq. But our rate is going to be - remember what...Dr. shabibbi maybe said back in December of 2012 at the International Chamber of Commerce meeting, when Bluestar asked him what he thought the rate on the dinar would be to the dollar and Dr Shabibbi said that it would be over sixteen - Well, we're well over that, and we should be in good shape In terms of what they offer us... Do not be surprised, though, make sure you're sitting down when you get offered a quote unquote contract rate on the dinar. Because I know it's going to be very amazing. And I've heard of these rates before and I've been keeping up with them. It's gonna blow your mind...
1-18-2024 Newshound Guru Militia Man The fun part is we are watching history in the making...Saudi Arabia strongly supports Iraq's ascension to the World Trade Organization...They've basically said Iraq has completed everything needed to be done. Everything is just shy of announcing they have WTO ascension.
1-18-2024 Intel Guru Frank26 Article: "JPMorgan Bank announces its readiness to open accounts for three private Iraqi banks" HEY CHASE BANK MANAGER... READ 'EM & WEEP!!! I TOLD YOU SO!
1-18-2024 Intel Guru MarkZ [via PDK] We have articles that say their ascension to the WTO was approved back in Feb of 2023. At this point I believe they are just dotting the i’s and crossing the t’s …. My contracting sources in Iraq say the valuation has been determined …and we are just waiting on the release. I think that is very accurate...
1-18-2024 Guru Nader From The Mid East The export of oil is going to go up. Tourism...go back to normal. A lot of things will go back. But nobody know that. I see a lot of negative things. Everybody is talking bullshit. They are going to have to revalue it [the dinar]....
1-18-2024 Newshound Guru Sandy Ingram So far the conflicts in the Middle East have not affected the Iraqi dinar exchange rate. Iraq continues to increase its GDP and create more streams of income outside of the oil industry. These are the recommendations of the IMF to create economic stability.
1-18-2024 Newshound Guru Pimpy Let me make this perfectly clear, the deletion of the zeros has nothing to do with the exchange rate. They're talking specifically about the bank note...
1-18-2024 Newshound Guru Militia Man The deletion of the zeros project off the exchange rate. Alaq has done it. Seleh has come out and done it in the last two days...It's fresh. It's important. We all know the WTO is about trade. If anybody thinks they were going to do this at 1310, show me why because they could have that that a year ago at 1450...They didn't...
1-18-2024 Newshound Guru Clare Article: "JPMorgan Bank announces its readiness to open accounts for three private Iraqi banks " Quote: "JPMorgan Regional CEO for the Middle East and North Africa, Khaled Hoballah, announced ...the bank’s readiness to enhance cooperation with Iraq and open accounts for three private Iraqi banks."
1-18-2024 Newshound Guru Samson Article 1: "JPMorgan plans to open accounts for 3 Iraqi banks" Article 2: "Al-Sudani discusses trading in digital currencies with JP Morgan Bank"
1-18-2024 Intel Guru MarkZ [via PDK] They are calling to no longer have a fixed rate. But, attaching it to a basket so its value can compete with the USD. You know they have been working on de-dollarization. One US dollar buys 1300 dinar right now. For it to compete with the US dollar…the rate needs to be a whole lot closer...I know things have been moving slowly, slowly, slowly… I think we are about to see the “suddenly” part of this thing.
1-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television showing Sudani in Davos. He's sitting right next to JP Morgan. A representative on the news showing they are ready to open three more branches here in Iraq with private Iraqi banks... FRANK: JP Morgan...knows what's going on and they know that a new exchange rate is coming. The employees of Chase don't know anything but the Chief Executive Officer of Chase, Dimon obviously does know and is making an amazing statement in these articles...
1-18-2024 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: Economic experts in Iraq are talking about using a basket of currencies. They are talking using other currencies and for the dinar to compete with the value of the dollar. MarkZ: When you said Iraq plans to compete with the US dollar- They cannot compete with the USD at 1 dollar buying 1310 dinar. Militia Man: I just read that the basket of currencies with the Euro, the Chinese yuan, and the UAE durham will be used to value the Iraqi dinar in the way that competes with the US dollar. That is the quote. MarkZ: That is telling.
1-18-2024 Intel Guru Bruce [via WiserNow] So today we heard that there was an in country rate on the dinar little over $3 - That's in country - for Iraq. But our rate is going to be - remember what...Dr. shabibbi maybe said back in December of 2012 at the International Chamber of Commerce meeting, when Bluestar asked him what he thought the rate on the dinar would be to the dollar and Dr Shabibbi said that it would be over sixteen - Well, we're well over that, and we should be in good shape In terms of what they offer us... Do not be surprised, though, make sure you're sitting down when you get offered a quote unquote contract rate on the dinar. Because I know it's going to be very amazing. And I've heard of these rates before and I've been keeping up with them. It's gonna blow your mind...
1-17-2024 Newshound Guru Pimpy I've had people say can you make an argument for the $3.22 rate? Yep. Can you make an argument for the $1.17 rate. Yep I can. I can make an argument for all these different rates easily but there's a difference between making an argument for what you want versus the reality of things of what's going to happen.
1-17-2024 Intel Guru Frank26 What did we say they were going to do on the 15th? Go international. Do you think they did? Yeah. It's not for me to prove it to you, it's for them to show it to you. But let them show it to the citizens first.
1-17-2024 Newshound Guru Militia Man Now you have 5 articles from the WTO, you have documents from the Central Bank of Iraq, 11 pages talking about metal coins? Why would you be talking about metal coins/currencies and exchanging notes, counting them, mechanisms to do all that when you don't have any? 1310 there's no coins. Then you see 5 articles about the ascension to the World Trade Organization...I'm pumped. I'm excited about it.
1-17-2024 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: Last July Al Alaq said the “Drop the 3 zero” project still exists. Not a lop…. They are going to add value to the dinar and adjust the exchange rate... A good thing is Sudani keeps warning the citizens that the dinar is going to be stronger then the dollar…he said it more than once. MarkZ: Iraq is positioned well for the world wide economy... Militia Man: Iraq is going to be a very wealthy country.
1-17-2024 Guest Guru GameofPatience Iraq is waiting for their reforms to be implemented to complete their accession and join [WTO]!
1-17-2024 Newshound Guru Clare Article: "Saudi Arabia strongly supports Iraq's accession to the World Trade Organization" Quote: "the head of the Saudi delegation confirmed that the Kingdom believes that Iraq is a country that has chosen peace and stability and seeks to achieve economic development, pointing to the importance of Iraq to the Kingdom of Saudi Arabia from an economic standpoint."
1-17-2024 Intel Guru Bruce [via WiserNow] We were looking for this to happen anywhere from now, through probably Friday. We have heard one source of very high respected source, talking about notifications [Wednesday], or Thursday... I can't we just cannot absolutely prove it...I'm only giving you what I'm getting from the top sources...So many of these sources that we have have gone dark. They've gone gag order, new NDAs but we have heard a little bit come through...We should get done this week.
1-17-2024 Newshound Guru Paulette Based on the articles today, it looks to be clear that Iraq still has some work to do for full accession to the WTO but it appears the final push is on....
1-17-2024 Intel/Newshound Gurus MarkZ & Militia Man [via PDK] Article: “Iraq recalls ambassador from Iran after missile strikes-Ministry” MarkZ: This is concerning while we watch what is going on in the middle east. There were missile strikes launched from Iran to the Kurdish region of Iraq. Question: Do you think the attacks on our embassy…in Erbil, Kurdistan will hinder/delay the RV? MarkZ: To me this doesn’t change what’s going on economically…and if anything may put the pressure on to move things faster. Militia Man: Iran is in a pinch…their cash cow is going away. Stopping the graft at the Iraq border will stop their ability to do the money laundering and smuggling through customs. So, imo this attack is blow back….
1-17-2024 Newshound Guru Pimpy This was a concern, Iraq was definitely on the right track but it appears that at no fault of their own their country is being bombed by two different nations [Iran and Turkey]. Let's just hope whatever is going on it gets over with quickly so that Iraq can get back on track...
1-17-2024 Intel Guru Frank26 Beside Sudani and Alaq, the only two we listen to, I want you to add Barzani. As time goes by you'll understand why. Barzani is working very nicely with Sudani, Baghdad, the GOI...We're adding Barzani to the group. Sudani and Alaq are explaing the monetary reward to the Iraqi citizens, so is Barzani.
1-17-2024 Intel Guru MarkZ [via PDK] In Iraq: “Al Sudani discusses with JP Morgan the opening of accounts with Iraqi banks.” This is a worldwide thing and to me this means international.
1-17-2024 Newshound Guru Fnu Lnu There are several plans afoot... Iraq recently held a two day event looking for foreign investment to develop their mineral resources. During the event, Minister of Industry and Minerals Kahlid Battal Najam offered investors long-term partnership opportunities in a long list of state-linked phosphate, nitrogen, Sulphur, fertilizer and glass production projects. No, Iraq is not short of means of diversification. These examples just scratch the surface... [Post 2 of 2]
1-17-2024 Newshound Guru Fnu Lnu [Response to Pimpy's 1-15-2024 post below] Iraq has more oil than Kuwait. They also have a huge, top of the ground, gold deposit...Iraq has a very large gas supply which would add nearly 3 billion cubic feet a day (bcf/d) – around 517,000 barrels of oil equivalent per day. This will fuel gas powered electricity production. This will eliminate Iran from the equation and they would lose their grip on Iraq. [Post 1 of 2....stay tuned]
1-17-2024 Newshound Guru Militia Man Article quote: "We completed in one year the equivalent of more than 15 years of work..." The delegation has been working with Iraq to have an ascension to the WTO. They're telling you they did the equivalent of 15 years worth of work in one year...It's flat out knock your socks off good information. It's not me making it up, not anybody else making this stuff up. This is what they're giving to us to share with you...
1-17-2024 Newshound Guru Clare Article: "The House of Representatives discusses the latest requirements for Iraq’s accession to the World Trade Organization" Quote: "... Iraq has completed all the requirements for joining the World Trade Organization in 2023, and only legislation remains."
1-17-2024 Intel Guru MarkZ [via PDK] Article: “Al Sudani arrives in Davos to push the “Development and Road Agenda” He is pushing to be international in world trade.
1-17-2024 Newshound/Intel Guru Mnt Goat The news...could not get any better. I know we all await news of the accession of Iraq to the WTO. Many have asked if Iraq has already completed the accession process. I will tell you they have completed it and we are waiting for the announcement of full accession but there is some legislation requirements that must be met first. Why is the WTO important for our investment in the dinar? It is important because Iraq will need an international currency in order to trade with the international markets.
1-17-2024 Intel Guru Frank26 What did we say they were going to do on the 15th? Go international. Do you think they did? Yeah. It's not for me to prove it to you, it's for them to show it to you. But let them show it to the citizens first.
1-17-2024 Newshound Guru Militia Man Now you have 5 articles from the WTO, you have documents from the Central Bank of Iraq, 11 pages talking about metal coins? Why would you be talking about metal coins/currencies and exchanging notes, counting them, mechanisms to do all that when you don't have any? 1310 there's no coins. Then you see 5 articles about the ascension to the World Trade Organization...I'm pumped. I'm excited about it.
1-17-2024 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: Last July Al Alaq said the “Drop the 3 zero” project still exists. Not a lop…. They are going to add value to the dinar and adjust the exchange rate... A good thing is Sudani keeps warning the citizens that the dinar is going to be stronger then the dollar…he said it more than once. MarkZ: Iraq is positioned well for the world wide economy... Militia Man: Iraq is going to be a very wealthy country.
1-17-2024 Guest Guru GameofPatience Iraq is waiting for their reforms to be implemented to complete their accession and join [WTO]!
1-17-2024 Newshound Guru Clare Article: "Saudi Arabia strongly supports Iraq's accession to the World Trade Organization" Quote: "the head of the Saudi delegation confirmed that the Kingdom believes that Iraq is a country that has chosen peace and stability and seeks to achieve economic development, pointing to the importance of Iraq to the Kingdom of Saudi Arabia from an economic standpoint."
1-17-2024 Intel Guru Bruce [via WiserNow] We were looking for this to happen anywhere from now, through probably Friday. We have heard one source of very high respected source, talking about notifications [Wednesday], or Thursday... I can't we just cannot absolutely prove it...I'm only giving you what I'm getting from the top sources...So many of these sources that we have have gone dark. They've gone gag order, new NDAs but we have heard a little bit come through...We should get done this week.
1-17-2024 Newshound Guru Paulette Based on the articles today, it looks to be clear that Iraq still has some work to do for full accession to the WTO but it appears the final push is on....
1-17-2024 Intel/Newshound Gurus MarkZ & Militia Man [via PDK] Article: “Iraq recalls ambassador from Iran after missile strikes-Ministry” MarkZ: This is concerning while we watch what is going on in the middle east. There were missile strikes launched from Iran to the Kurdish region of Iraq. Question: Do you think the attacks on our embassy…in Erbil, Kurdistan will hinder/delay the RV? MarkZ: To me this doesn’t change what’s going on economically…and if anything may put the pressure on to move things faster. Militia Man: Iran is in a pinch…their cash cow is going away. Stopping the graft at the Iraq border will stop their ability to do the money laundering and smuggling through customs. So, imo this attack is blow back….
1-17-2024 Newshound Guru Pimpy This was a concern, Iraq was definitely on the right track but it appears that at no fault of their own their country is being bombed by two different nations [Iran and Turkey]. Let's just hope whatever is going on it gets over with quickly so that Iraq can get back on track...
1-17-2024 Intel Guru Frank26 Beside Sudani and Alaq, the only two we listen to, I want you to add Barzani. As time goes by you'll understand why. Barzani is working very nicely with Sudani, Baghdad, the GOI...We're adding Barzani to the group. Sudani and Alaq are explaing the monetary reward to the Iraqi citizens, so is Barzani.
1-17-2024 Intel Guru MarkZ [via PDK] In Iraq: “Al Sudani discusses with JP Morgan the opening of accounts with Iraqi banks.” This is a worldwide thing and to me this means international.
1-17-2024 Newshound Guru Fnu Lnu There are several plans afoot... Iraq recently held a two day event looking for foreign investment to develop their mineral resources. During the event, Minister of Industry and Minerals Kahlid Battal Najam offered investors long-term partnership opportunities in a long list of state-linked phosphate, nitrogen, Sulphur, fertilizer and glass production projects. No, Iraq is not short of means of diversification. These examples just scratch the surface... [Post 2 of 2]
1-17-2024 Newshound Guru Fnu Lnu [Response to Pimpy's 1-15-2024 post below] Iraq has more oil than Kuwait. They also have a huge, top of the ground, gold deposit...Iraq has a very large gas supply which would add nearly 3 billion cubic feet a day (bcf/d) – around 517,000 barrels of oil equivalent per day. This will fuel gas powered electricity production. This will eliminate Iran from the equation and they would lose their grip on Iraq. [Post 1 of 2....stay tuned]
1-17-2024 Newshound Guru Militia Man Article quote: "We completed in one year the equivalent of more than 15 years of work..." The delegation has been working with Iraq to have an ascension to the WTO. They're telling you they did the equivalent of 15 years worth of work in one year...It's flat out knock your socks off good information. It's not me making it up, not anybody else making this stuff up. This is what they're giving to us to share with you...
1-17-2024 Newshound Guru Clare Article: "The House of Representatives discusses the latest requirements for Iraq’s accession to the World Trade Organization" Quote: "... Iraq has completed all the requirements for joining the World Trade Organization in 2023, and only legislation remains."
1-17-2024 Intel Guru MarkZ [via PDK] Article: “Al Sudani arrives in Davos to push the “Development and Road Agenda” He is pushing to be international in world trade.
1-17-2024 Newshound/Intel Guru Mnt Goat The news...could not get any better. I know we all await news of the accession of Iraq to the WTO. Many have asked if Iraq has already completed the accession process. I will tell you they have completed it and we are waiting for the announcement of full accession but there is some legislation requirements that must be met first. Why is the WTO important for our investment in the dinar? It is important because Iraq will need an international currency in order to trade with the international markets.
1-16-2024 Intel Guru Frank26 Notice articles this week are focusing on the monetary reform education, which is about the currency, lower denoms, new exchange rate, accounting, banking reform, everything. It's all being unloaded onto the citizens of Iraq...Let's be fair, they're just getting started. Let's see what happens this quarter...
1-16-2024 Newshound Guru Militia Man It's a numbers game and - the project to delete the three zeros, off of what? Monetary transactions or we can say off the exchange rate...That's a key important thing. Do the math on it...
1-16-2024 Intel Guru MarkZ [via PDK] Article: “Liberation of the dinar from the official rate: Obstacles and Solutions” They are again talking about the need to increase the value and adjust all the mechanisms to do so. They talk about killing the black market because the markets will determine the new rate.
1-16-2024 Newshound/Intel Guru Walkingstick They are now in Davos... Iraq's monetary reform is a hot topic because Iraq's monetary reform is restoring confidence in the Middle East...These conferences are only by invitation only. To see Iraq there and to be the star at the Davos meeting tells us Iraq is no longer with a program rate. It is an impossibility...
1-16-2024 Newshound Guru Sandy Ingram 3. Kuwait is tax free. Being a tax-free country enables the GDP to be higher and it just makes everyone happier not to have to pay taxes. Since May of 2007 the Kuwaiti dinar (KWD) is pegged to an undisclosed basket of currencies... 4. This is good news for some of you and not good news for others...Kuwaiti currency is scarce. It is very difficult to get your hands on a Kuwaiti dinar unless you are inside of the country...Being scarce when it comes to currency is a good thing. [Post 2 of 2]
1-16-2024 Newshound Guru Sandy Ingram There are 4 major reasons Kuwait, Iraq's next-door neighbor has the strongest currency in the world...Kuwait dinar is $3.36... 1. Major exporter of oil. Kuwait is estimated to hold 10% of the world's oil reserves. The tiny country has a population of 4.3 million people vs Iraq who has approximately 43 million people and a lot more oil than Kuwait. 2. Kuwait has an excellent reinvestment of oil revenue. Kuwait uses its oil revenue to build infrastructure and develop microeconomic sectors to increase its GDP. [Post 1 of 2....stay tuned]
1-16-2024 Newshound Guru Pimpy If I'm being honest I'm expecting a small increase in the exchange rate in this budget. I told you in the first quarter of this year I was expecting it. But the last thing you need is all these headaches with bombings in Iraq and all the crap that's going on all the way around them...
1-16-2024 Intel Guru Frank26 Article: "Instructions and standards for the circulation and exchange of banknotes and counting and sorting mechanisms" FINALLY... WHAT WE CALLED THE 2ND ARTICLE FOR THE CBI TO THE IRAQI CITIZENS!
1-16-2024 Intel Guru MarkZ [via PDK] There is a lot of news out of Iraq. According to the Iraqi press they are working hard on a change of value and deleting of the zeros. Deleting the zeros does not mean just take the zeros off…it means the dinar gains so much strength that you cannot use the bills with the 3 zeros on it… This is good news for us.
1-16-2024 Newshound Guru Militia Man Article: "Iraq returns to the World Trade Organization 14 years after its expulsion” They didn’t finish fifteen years of work in one year to not have accession. The development road and sustainable development projects are only just beginning. Iraq as we have been noting here has been setting the stage for entering the international financial system. We are a part of and watching history in the making!! This is truly an amazing article...
1-16-2024 Newshound/Intel Guru Walkingstick Movements before they release the lower denoms and new exchange rate we expected to see this... December was to have everything ready in place to go. January all these systems are being implemented through the monetary reform education. From private banks like the one Aki [Iraqi bank friend] represents to international markets as of today January 15, 2024 they're all international now. It's what we expected...there's not more to say...because everything now is in print...
1-16-2024 Newshound/Intel Guru Mnt Goat NO, the RV did not yet happen! But we all should know the process is in motion. How can anyone deny it when we look at all the progress made in 2023 on currency reform. The dinar and dollar crisis filled the headlines every day.
1-16-2024 Intel Guru MarkZ [via PDK] Iraq needs the official rate to be close to the trading rate. They can fix this. Saleh and others are suggesting they let the economy figure the rate out and no longer have an official fixed rate. If the market decides that would remove the black market completely...This is similar to conversations Kuwait was having just before they RV’d and had a release in value. These are steps we have seen before in past currency revaluations. They have been doing this for quite some time…they are just now starting to tell us about it.
1-16-2024 Newshound Guru Militia Man It's a numbers game and - the project to delete the three zeros, off of what? Monetary transactions or we can say off the exchange rate...That's a key important thing. Do the math on it...
1-16-2024 Intel Guru MarkZ [via PDK] Article: “Liberation of the dinar from the official rate: Obstacles and Solutions” They are again talking about the need to increase the value and adjust all the mechanisms to do so. They talk about killing the black market because the markets will determine the new rate.
1-16-2024 Newshound/Intel Guru Walkingstick They are now in Davos... Iraq's monetary reform is a hot topic because Iraq's monetary reform is restoring confidence in the Middle East...These conferences are only by invitation only. To see Iraq there and to be the star at the Davos meeting tells us Iraq is no longer with a program rate. It is an impossibility...
1-16-2024 Newshound Guru Sandy Ingram 3. Kuwait is tax free. Being a tax-free country enables the GDP to be higher and it just makes everyone happier not to have to pay taxes. Since May of 2007 the Kuwaiti dinar (KWD) is pegged to an undisclosed basket of currencies... 4. This is good news for some of you and not good news for others...Kuwaiti currency is scarce. It is very difficult to get your hands on a Kuwaiti dinar unless you are inside of the country...Being scarce when it comes to currency is a good thing. [Post 2 of 2]
1-16-2024 Newshound Guru Sandy Ingram There are 4 major reasons Kuwait, Iraq's next-door neighbor has the strongest currency in the world...Kuwait dinar is $3.36... 1. Major exporter of oil. Kuwait is estimated to hold 10% of the world's oil reserves. The tiny country has a population of 4.3 million people vs Iraq who has approximately 43 million people and a lot more oil than Kuwait. 2. Kuwait has an excellent reinvestment of oil revenue. Kuwait uses its oil revenue to build infrastructure and develop microeconomic sectors to increase its GDP. [Post 1 of 2....stay tuned]
1-16-2024 Newshound Guru Pimpy If I'm being honest I'm expecting a small increase in the exchange rate in this budget. I told you in the first quarter of this year I was expecting it. But the last thing you need is all these headaches with bombings in Iraq and all the crap that's going on all the way around them...
1-16-2024 Intel Guru Frank26 Article: "Instructions and standards for the circulation and exchange of banknotes and counting and sorting mechanisms" FINALLY... WHAT WE CALLED THE 2ND ARTICLE FOR THE CBI TO THE IRAQI CITIZENS!
1-16-2024 Intel Guru MarkZ [via PDK] There is a lot of news out of Iraq. According to the Iraqi press they are working hard on a change of value and deleting of the zeros. Deleting the zeros does not mean just take the zeros off…it means the dinar gains so much strength that you cannot use the bills with the 3 zeros on it… This is good news for us.
1-16-2024 Newshound Guru Militia Man Article: "Iraq returns to the World Trade Organization 14 years after its expulsion” They didn’t finish fifteen years of work in one year to not have accession. The development road and sustainable development projects are only just beginning. Iraq as we have been noting here has been setting the stage for entering the international financial system. We are a part of and watching history in the making!! This is truly an amazing article...
1-16-2024 Newshound/Intel Guru Walkingstick Movements before they release the lower denoms and new exchange rate we expected to see this... December was to have everything ready in place to go. January all these systems are being implemented through the monetary reform education. From private banks like the one Aki [Iraqi bank friend] represents to international markets as of today January 15, 2024 they're all international now. It's what we expected...there's not more to say...because everything now is in print...
1-16-2024 Newshound/Intel Guru Mnt Goat NO, the RV did not yet happen! But we all should know the process is in motion. How can anyone deny it when we look at all the progress made in 2023 on currency reform. The dinar and dollar crisis filled the headlines every day.
1-16-2024 Intel Guru MarkZ [via PDK] Iraq needs the official rate to be close to the trading rate. They can fix this. Saleh and others are suggesting they let the economy figure the rate out and no longer have an official fixed rate. If the market decides that would remove the black market completely...This is similar to conversations Kuwait was having just before they RV’d and had a release in value. These are steps we have seen before in past currency revaluations. They have been doing this for quite some time…they are just now starting to tell us about it.
1-15-2024 Newshound Guru Pimpy No, it's not going to be reinstated at $3.22 rate. This is something that's going to be done in increments. There's either going to be an adjustment up or down. We don't know yet so don't get overly excited...
1-15-2024 Intel Guru Frank26 Question: "Is [Firefly boots on the ground in Iraq] optimistic or frustrated?" Both. He's optimistic because he knows what Sudani and the CBI have been telling the citizens of Iraq...Because he can go into a bank in Iraq now and ask questions and they will answer them point blank. But he's also frustrated because how much longer? We're talking about going into...January already. This thing should have happened at the beginning of the year. What's the hold up? Why are we waiting?
1-15-2024 Intel Guru MarkZ [via PDK] Comment: Another intel provider said the redemption center staff are on 45 min. notice to show up for work. MarkZ: I am definitely hearing they are on call for an hour or less to get to work according to 3 different contacts I have.
1-15-2024 Newshound Guru Militia Man Article quote: "The new role of government banking in financing foreign trade for the private sector is in accordance with approval of the International standards..." Iraq is telling you that they have the private sector in mind. They're doing it in what? In accordance with the approved international standards. Did they have that before? Obviously not. Why would they be talking about it if they did...
1-15-2024 Guru Nader From The Mid East A lot of people talking about the circulation of the dinar. Some peoples 120 trillion, the other one 170 trillion...The circulation of the dinar has been decreasing since last April...you see it going down, down, down by billions...Anyone worried about the circulation of dinar and it's too many dinar out there and all that the dinar is disappearing slowly...the dinar has been going down by billions, 156 billion, 160 billion...each month last year...
1-15-2024 Newshound Guru Kaperoni there is no way Iraq can RV the Iraqi dinar with [120] trillion dinar in circulation. No country could afford. Iraq's total net worth is only around $16 trillon dollars.
1-15-2024 Newshound Guru Clare Article: "Al-Sudani leaves Baghdad for Switzerland to attend the Davos Forum" Quote: "On Monday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, for Switzerland to participate in the 54th session of the Davos Economic Forum."
1-15-2024 Intel Guru MarkZ [via PDK] There is a lot of expectations in the banking world because it’s a 3 day weekend...there is a lot of “pie in the sky” stuff being talked about …but is it verifiable? ... What is verifiable is they (Iraq) are in a mad dash to get dinar out of circulation to reduce the money supply and support a higher value. We can also verify they are taking strategic, solid steps to increase the value of the dinar opposed to the US dollar.
1-15-2024 Newshound Guru Pimpy Why is it that the Iraqi dinar is unstable? That is because they rely too much on oil sales. 95% of their budget relies on oil sales. There's too many people out there going, they got so much oil there's no reason why their currency isn't valuable. No, you don't understand. That's the problem. Article quote "The CBI devalued the notation currency in December 2020 amid a sever drop in global crude prices which threatened economic collapse given Iraq's heavy dependence on oil exports..." If it wasn't for the fact that they devalued the Iraqi dinar they would have collapsed...
1-15-2024 Newshound Guru tishwash Article: "Iraq returns to the World Trade Organization 14 years after its expulsion" Quotes: "Iraq is taking steps to return as a strong economic player by opening relations with Arab countries and all countries of the world..."; "...we accomplished in one year the equivalent of more than 15 years’ work..."
1-15-2024 Intel Guru Frank26 I don't think they're waiting for much of anything right now. They're moving fast. They're moving quickly in every aspect of the monetary reform. The next step is to show the lower denoms...new exchange rate and to allow it to float on an international platform...These are not subjects we are proposing to you, these are subjects that are in the articles themselves...
1-15-2024 Newshound Guru Militia Man There's some very significant, big, big players exposed to this. We all know JP Morgan, CitiBank and others are 100% involved...See the picture of the Vice President of JP Morgan Chase doing deals with Iraq...You walk into the bank at Chase and your average guy doesn't know what we know because what we know is we study and we have the data to support and the articles that are public that present that information.
1-15-2024 Newshound/Intel Guru Mnt Goat I asked [my CBI contact] what rate the CBI wants to bring the parallel rate of the dollar down to? I was told at least around the “official” CBI rate. They are driving to have them match very closely. In consultation with the IMF this is what they are now mandating and is in the plan. When this is reached and stable, the committee will be notified to begin the process of deleting the zeros and move ahead with it.
1-15-2024 Intel Guru Frank26 Question: "Is [Firefly boots on the ground in Iraq] optimistic or frustrated?" Both. He's optimistic because he knows what Sudani and the CBI have been telling the citizens of Iraq...Because he can go into a bank in Iraq now and ask questions and they will answer them point blank. But he's also frustrated because how much longer? We're talking about going into...January already. This thing should have happened at the beginning of the year. What's the hold up? Why are we waiting?
1-15-2024 Intel Guru MarkZ [via PDK] Comment: Another intel provider said the redemption center staff are on 45 min. notice to show up for work. MarkZ: I am definitely hearing they are on call for an hour or less to get to work according to 3 different contacts I have.
1-15-2024 Newshound Guru Militia Man Article quote: "The new role of government banking in financing foreign trade for the private sector is in accordance with approval of the International standards..." Iraq is telling you that they have the private sector in mind. They're doing it in what? In accordance with the approved international standards. Did they have that before? Obviously not. Why would they be talking about it if they did...
1-15-2024 Guru Nader From The Mid East A lot of people talking about the circulation of the dinar. Some peoples 120 trillion, the other one 170 trillion...The circulation of the dinar has been decreasing since last April...you see it going down, down, down by billions...Anyone worried about the circulation of dinar and it's too many dinar out there and all that the dinar is disappearing slowly...the dinar has been going down by billions, 156 billion, 160 billion...each month last year...
1-15-2024 Newshound Guru Kaperoni there is no way Iraq can RV the Iraqi dinar with [120] trillion dinar in circulation. No country could afford. Iraq's total net worth is only around $16 trillon dollars.
1-15-2024 Newshound Guru Clare Article: "Al-Sudani leaves Baghdad for Switzerland to attend the Davos Forum" Quote: "On Monday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, for Switzerland to participate in the 54th session of the Davos Economic Forum."
1-15-2024 Intel Guru MarkZ [via PDK] There is a lot of expectations in the banking world because it’s a 3 day weekend...there is a lot of “pie in the sky” stuff being talked about …but is it verifiable? ... What is verifiable is they (Iraq) are in a mad dash to get dinar out of circulation to reduce the money supply and support a higher value. We can also verify they are taking strategic, solid steps to increase the value of the dinar opposed to the US dollar.
1-15-2024 Newshound Guru Pimpy Why is it that the Iraqi dinar is unstable? That is because they rely too much on oil sales. 95% of their budget relies on oil sales. There's too many people out there going, they got so much oil there's no reason why their currency isn't valuable. No, you don't understand. That's the problem. Article quote "The CBI devalued the notation currency in December 2020 amid a sever drop in global crude prices which threatened economic collapse given Iraq's heavy dependence on oil exports..." If it wasn't for the fact that they devalued the Iraqi dinar they would have collapsed...
1-15-2024 Newshound Guru tishwash Article: "Iraq returns to the World Trade Organization 14 years after its expulsion" Quotes: "Iraq is taking steps to return as a strong economic player by opening relations with Arab countries and all countries of the world..."; "...we accomplished in one year the equivalent of more than 15 years’ work..."
1-15-2024 Intel Guru Frank26 I don't think they're waiting for much of anything right now. They're moving fast. They're moving quickly in every aspect of the monetary reform. The next step is to show the lower denoms...new exchange rate and to allow it to float on an international platform...These are not subjects we are proposing to you, these are subjects that are in the articles themselves...
1-15-2024 Newshound Guru Militia Man There's some very significant, big, big players exposed to this. We all know JP Morgan, CitiBank and others are 100% involved...See the picture of the Vice President of JP Morgan Chase doing deals with Iraq...You walk into the bank at Chase and your average guy doesn't know what we know because what we know is we study and we have the data to support and the articles that are public that present that information.
1-15-2024 Newshound/Intel Guru Mnt Goat I asked [my CBI contact] what rate the CBI wants to bring the parallel rate of the dollar down to? I was told at least around the “official” CBI rate. They are driving to have them match very closely. In consultation with the IMF this is what they are now mandating and is in the plan. When this is reached and stable, the committee will be notified to begin the process of deleting the zeros and move ahead with it.
1-14-2024 Newshound Guru Pimpy Telling people the new budget cannot pass with the current exchange rate is false. What do you think Iraq has been doing for 23 years? Sitting on her thumbs? No. [The new] Central Bank of Iraq [Building], that's tens of millions of dollars to build this sucker. Did they have to wait for a new exchange rate? No. It's already taken into consideration when they calculate out the budget. The new highways, damns, infrastructure, they've been working on it now for quite some time and they've done it all with the piss poor exchange rate. That's the kind of thinking that gets a lot of people misled...
1-14-2024 Newshound Guru Militia Man Take it seriously. Think deeper than just, 'Wow it's supposed to have happened yesterday...' All of these things are true and in print. We follow it. It's just not...news, it's documents you can get from the World Trade Organization...the United States Treasury...the IMF...the Middle East Institute. You can get all this data...and realize what we're talking about has nothing but legs...support.
1-14-2024 Intel Guru Frank26 Time goes by so fast even when you're not having fun...I know some of you may say, well it doesn't. It seems like it's taking forever. It's taking forever for this blessing to occur. Yeah, I agree but you have to give thanks to the fact that you know about this investment and you're involved in it...
1-14-2024 Newshound Guru Samson Article: "Sudanese participates in the World Economic Forum in Davos, Switzerland"
1-14-2024 Newshound Guru Paulette Saleh told us early in last year that they must bring the parallel market rate to the "Required Two Percent". This is part of the IMF requirement for full compliance with Article VIII. Based on what he said recently, it appears the target is 1350 or less in spite of 2% being 1346.4. I am only watching the Market Rate at this time. It has decreased slightly since Wednesday and as of today is 1540 in Baghdad and 1530 in Kurdistan. Saleh said 1350 (135,000 to $100) soon. Hopefully soon is weeks and not months. IMSO, if they would RD, show the RV as just over a USD, they would get the Market Rate within the Required 2% very quick so they can RI. Perhaps that is the plan.
1-14-2024 Newshound Guru Pimpy Article: "Iraq and 4 Arab countries have more than 1 million tons of global gold reserves" Why do they have so much gold? Because you need that to strengthen your own local currency. Gold is way more liquid than anything else. If you want to make sure the currency stays strong you want to have tons of gold as well as foreign reserve assets in your holding.
1-14-2024 Intel Guru Wolverine Iraqi Prime Minister Al Sudani and the Governor of the Central Bank of Iraq Al Allaq would both be attending the World Economic Forum in Davos Switzerland for the annual meeting January 14th to 19th. “Everyone is expecting the RV on Sun. 14 Jan.” according to Sudani. The IMF, which is in charge of timing, said, “Anytime Friday to Sunday.”... Everything is ready to go. There is nothing more to do, we just have to sit back and wait for the Green Light.
1-14-2024 Newshound Guru Militia Man The Central Bank of Iraq...they're not going to be doing all the banking...JP Morgan Chase, CitiBank...those are the the banks that are going to be doing the correspondent work with the trade, cross border payments...That's what we've been waiting on. That's what happening. It looks like the international institutions have the green light. Looks like it's a pretty phenomenal time frame for that....
1-14-2024 Intel Guru Frank26 Question: "Once the black [market] rate gets close to the official rate of 1320 will the CBI wait for a while to move to 1000 to be sure it's stable or will it quickly make the next move to 1000?" Our desire is to see another exchange rate movement which would be somewhere between let's say 1,200 or 1,000 to 1. We believe that's what will happen next. But I don't think we'll get to see it because of the speed things are happening right now...
1-14-2024 Intel Guru Bruce [via WiserNow] ...What we're finding now is that some of the sources that we've had have...clammed up – they’re under new NDAs they've got gag orders...we don’t get as much intel as we'd like...That's the bad side...The good side is...It shows that we're so close to this going because they don't want certain leaks to come out of certain portions of this exchange procedure and everything...they just want to have it quiet. That's a good sign...
1-14-2024 Newshound Guru Militia Man Take it seriously. Think deeper than just, 'Wow it's supposed to have happened yesterday...' All of these things are true and in print. We follow it. It's just not...news, it's documents you can get from the World Trade Organization...the United States Treasury...the IMF...the Middle East Institute. You can get all this data...and realize what we're talking about has nothing but legs...support.
1-14-2024 Intel Guru Frank26 Time goes by so fast even when you're not having fun...I know some of you may say, well it doesn't. It seems like it's taking forever. It's taking forever for this blessing to occur. Yeah, I agree but you have to give thanks to the fact that you know about this investment and you're involved in it...
1-14-2024 Newshound Guru Samson Article: "Sudanese participates in the World Economic Forum in Davos, Switzerland"
1-14-2024 Newshound Guru Paulette Saleh told us early in last year that they must bring the parallel market rate to the "Required Two Percent". This is part of the IMF requirement for full compliance with Article VIII. Based on what he said recently, it appears the target is 1350 or less in spite of 2% being 1346.4. I am only watching the Market Rate at this time. It has decreased slightly since Wednesday and as of today is 1540 in Baghdad and 1530 in Kurdistan. Saleh said 1350 (135,000 to $100) soon. Hopefully soon is weeks and not months. IMSO, if they would RD, show the RV as just over a USD, they would get the Market Rate within the Required 2% very quick so they can RI. Perhaps that is the plan.
1-14-2024 Newshound Guru Pimpy Article: "Iraq and 4 Arab countries have more than 1 million tons of global gold reserves" Why do they have so much gold? Because you need that to strengthen your own local currency. Gold is way more liquid than anything else. If you want to make sure the currency stays strong you want to have tons of gold as well as foreign reserve assets in your holding.
1-14-2024 Intel Guru Wolverine Iraqi Prime Minister Al Sudani and the Governor of the Central Bank of Iraq Al Allaq would both be attending the World Economic Forum in Davos Switzerland for the annual meeting January 14th to 19th. “Everyone is expecting the RV on Sun. 14 Jan.” according to Sudani. The IMF, which is in charge of timing, said, “Anytime Friday to Sunday.”... Everything is ready to go. There is nothing more to do, we just have to sit back and wait for the Green Light.
1-14-2024 Newshound Guru Militia Man The Central Bank of Iraq...they're not going to be doing all the banking...JP Morgan Chase, CitiBank...those are the the banks that are going to be doing the correspondent work with the trade, cross border payments...That's what we've been waiting on. That's what happening. It looks like the international institutions have the green light. Looks like it's a pretty phenomenal time frame for that....
1-14-2024 Intel Guru Frank26 Question: "Once the black [market] rate gets close to the official rate of 1320 will the CBI wait for a while to move to 1000 to be sure it's stable or will it quickly make the next move to 1000?" Our desire is to see another exchange rate movement which would be somewhere between let's say 1,200 or 1,000 to 1. We believe that's what will happen next. But I don't think we'll get to see it because of the speed things are happening right now...
1-14-2024 Intel Guru Bruce [via WiserNow] ...What we're finding now is that some of the sources that we've had have...clammed up – they’re under new NDAs they've got gag orders...we don’t get as much intel as we'd like...That's the bad side...The good side is...It shows that we're so close to this going because they don't want certain leaks to come out of certain portions of this exchange procedure and everything...they just want to have it quiet. That's a good sign...
1-13-2024 Intel Guru Frank26 You are involved in this dinar investment. The next step is the most crucial. It's the most dangerous for you...I'm concerned for you...I wish you well. I've already prepared you. I've already told you what to do...
1-13-2024 Newshound Guru Pimpy Iraq's minimum exchange rate needs to be in order for them to be compliant with the IMF - Take the SDR $1.33 minus 2%...Iraq has to be at an exchange rate at a minimum in order to be in compliant with the IMF...$1.28...
1-13-2024 Newshound/Intel Guru Walkingstick The rate doesn't matter. You're going to trip over you own feet when it finally does float because you're going to be looking for a rate. Watch the growth of the dinar's value.
1-13-2024 Newshound Guru Samson Article: "More than 800 companies at the Baghdad International Fair...an active Japanese presence and solid international companies enhancing their presence in the local market"
1-13-2024 Intel Guru MarkZ [via PDK] There is a lot of good news coming out of Iraq… Lots of good group chatter...There is all kinds of exciting rumors.
1-13-2024 Intel Guru Frank26 Question: "Is the US government placing a hold on the currency revaluation to keep people from becoming wealthy?" No, our government has nothing to do with the monetary reform of the Central Bank of Iraq...We did everything possible to make them modern and they are. But can we tell them, Okay go ahead do it now? No. It is strictly their prerogative.
1-13-2024 Newshound Guru Pimpy Stop falling for that crap that there's no way Iraq can get all these major projects that they have listed in their budget unless they change the exchange rate. That's false. It's already accounted for. The budget is already created with the proper amount of money set aside for these projects. It's just done in Iraqi dinars with the current exchange rate.
1-13-2024 Newshound Guru Henig Article: "Vietnamese currency to appreciate despite forex fluctuations" Quote: "Experts predict that recent fluctuations in foreign exchange rates are short-term, and the Vietnamese currency, the dong, will trend to appreciate again in the medium to long term."
1-13-2024 Newshound Guru Militia Man The Port of Faw is going be absolutely insane when it comes to...global expansion...How much revenue streams are going to go through? From the Silk Road...development road in to Europe...This is really exciting stuff...Why would all this be happening if Iraqis use going to be at this punishment rate of 1310 to the dollar? Why would Al-Sudani be going to Davos trying to explain how his country is going to be the savior of the Global Financial System?
1-13-2024 Guest Guru Fnu Lnu [Response to Pimpy's Post 1-12-2024 below] ...Iraq is an "IMPORT COUNTRY" with, at this time, little to export except oil. To rebuild the country, they will have to IMPORT almost everything they need so they WANT a very STRONG currency so they get much more for their Dinar...If they were an export country they would want a very cheap Dinar as is the case with Vietnam who profits from a vigorous export business due to cheap DONG.
1-13-2024 Intel Guru Frank26 The lower denoms to me is the most top secret subject of the monetary reform of Iraq. The lower denoms and the new exchange rate that they have selected through the RV process. That to me is the most critical piece of information to release and that should be released in the last seconds of the monetary reform...
1-13-2024 Intel Guru MarkZ [via PDK] “Sudani: We are proceeding in the wheel of reconstruction and construction despite the challenges facing us” Sudani says they are meeting and fulfilling their promises to the Iraqi people. Part of the wheel of reconstruction is the Monetary reform and the White Papers and making the dinar stronger and more valuable.
1-13-2024 Newshound Guru Pimpy Iraq's minimum exchange rate needs to be in order for them to be compliant with the IMF - Take the SDR $1.33 minus 2%...Iraq has to be at an exchange rate at a minimum in order to be in compliant with the IMF...$1.28...
1-13-2024 Newshound/Intel Guru Walkingstick The rate doesn't matter. You're going to trip over you own feet when it finally does float because you're going to be looking for a rate. Watch the growth of the dinar's value.
1-13-2024 Newshound Guru Samson Article: "More than 800 companies at the Baghdad International Fair...an active Japanese presence and solid international companies enhancing their presence in the local market"
1-13-2024 Intel Guru MarkZ [via PDK] There is a lot of good news coming out of Iraq… Lots of good group chatter...There is all kinds of exciting rumors.
1-13-2024 Intel Guru Frank26 Question: "Is the US government placing a hold on the currency revaluation to keep people from becoming wealthy?" No, our government has nothing to do with the monetary reform of the Central Bank of Iraq...We did everything possible to make them modern and they are. But can we tell them, Okay go ahead do it now? No. It is strictly their prerogative.
1-13-2024 Newshound Guru Pimpy Stop falling for that crap that there's no way Iraq can get all these major projects that they have listed in their budget unless they change the exchange rate. That's false. It's already accounted for. The budget is already created with the proper amount of money set aside for these projects. It's just done in Iraqi dinars with the current exchange rate.
1-13-2024 Newshound Guru Henig Article: "Vietnamese currency to appreciate despite forex fluctuations" Quote: "Experts predict that recent fluctuations in foreign exchange rates are short-term, and the Vietnamese currency, the dong, will trend to appreciate again in the medium to long term."
1-13-2024 Newshound Guru Militia Man The Port of Faw is going be absolutely insane when it comes to...global expansion...How much revenue streams are going to go through? From the Silk Road...development road in to Europe...This is really exciting stuff...Why would all this be happening if Iraqis use going to be at this punishment rate of 1310 to the dollar? Why would Al-Sudani be going to Davos trying to explain how his country is going to be the savior of the Global Financial System?
1-13-2024 Guest Guru Fnu Lnu [Response to Pimpy's Post 1-12-2024 below] ...Iraq is an "IMPORT COUNTRY" with, at this time, little to export except oil. To rebuild the country, they will have to IMPORT almost everything they need so they WANT a very STRONG currency so they get much more for their Dinar...If they were an export country they would want a very cheap Dinar as is the case with Vietnam who profits from a vigorous export business due to cheap DONG.
1-13-2024 Intel Guru Frank26 The lower denoms to me is the most top secret subject of the monetary reform of Iraq. The lower denoms and the new exchange rate that they have selected through the RV process. That to me is the most critical piece of information to release and that should be released in the last seconds of the monetary reform...
1-13-2024 Intel Guru MarkZ [via PDK] “Sudani: We are proceeding in the wheel of reconstruction and construction despite the challenges facing us” Sudani says they are meeting and fulfilling their promises to the Iraqi people. Part of the wheel of reconstruction is the Monetary reform and the White Papers and making the dinar stronger and more valuable.
1-12-2024 Intel Guru Frank26 Question: "Do you feel the dong will go with the dinar?" I believe the dong is still a little bit behind the race of the monetary reform. I believe Vietnam has a lot of issues with China. I believe Vietnam ...dong has great potential...But unfortunately it is being shackled ...retarded ...abused by the banking policies that China continues to use...
1-12-2024 Newshound Guru Pimpy Don't get me wrong, they're going in the right direction. They're taking the right steps to strengthen their economy to strengthen the Iraqi dinar but if you're thinking this is going to happen overnight, you are sadly mistaken...The Iraqi dinar IMO is going to go up in increments. I still believe you're going to see an increase in the first quarter of this year.
1-12-2024 Newshound Guru Militia Man Al-Alaq said he was going to delete the zeros/the project to delete the zeros off the exchange rate. What did Al-Sudani say? He said the dinar would be stronger than the dollar. What did Salih say? He said they were going to have a major announcement. We're going to see if all three of those guys are telling the truth or not. I have a feeling they are...
1-12-2024 Intel Guru Bruce [via WiserNow] ...This time ...is really an interesting time for us. We are right in...the throes of the final days of this... what we're hearing from a major paymaster with Wells...that we should receive our notifications within the next four days... Friday, Saturday, Sunday, to Monday ...Now, they may take this to the very end...Let's see what happens for us Over the next four days
1-12-2024 Newshound Guru Clare Article: "With the exception of Iraq...the World Bank announces a rise in food sector inflation in the world" Quote "...the International Monetary Fund announced a decrease in the inflation rate in Iraq, which is expected to stabilize due to the policy of the Central Bank of Iraq and the impact resulting from raising the exchange rate of the Iraqi dinar..."
1-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There are many reports coming out today from Sudani people indirectly through the CBI telling us the amount of corruption here in Iraq is still staggering. They are finding ways to seal our currency... FRANK: It is extremely hard for you guys to deal with your currency when...the currency you do have is being stolen.
1-12-2024 Intel Guru MarkZ [via PDK] The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate...Most groups are looking for over the weekend or first of next week…let’s see what happens.
1-12-2024 Newshound/Intel Guru Walkingstick The only thing missing is the lower denoms and the new exchange rate. Everything else is in position.
1-12-2024 Newshound Guru Pimpy What's attractive about coming over to Iraq to do business is the fact that the currency is so cheap, that labor... production...and product cost are all cheap as well. Why do you suppose Nike gets their shoes made in China? Because...they pay $5/month and then bring the shoes over here to America and sell them for several hundred dollars. Do you see the huge profit margin. That's the same thing with Iraq. The currency is so cheap the companies would rather do business in Iraq ...because of the cheap labor...When they increase the exchange rate it's more costly for labor, products and production...Do you think they want this low exchange rate? Yes. And...they want it much lower. They don't give a shit.
1-12-2024 Newshound/Intel Guru Mnt Goat ...in my conversation with my CBI contact on my Wednesday call...We...talked about...the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.
1-12-2024 Intel Guru Frank26 Question: "Why would Iraq give the date of January 15th when they have tried to keep the timing of everything else a secret?" They're not telling you that's when they're going to reinstate their currency. They're telling you that's when their currency will go international. Now the question is at what rate?
1-12-2024 Intel Guru MarkZ [via PDK] ”Here is a great article written last August..”The Kuwaiti Dinar: A closer look at the world’s strongest currency” this talks about the history of the Kuwait dinar and why it is so valued…They have many of the same things going for it that Iraq now has. What does that tell us? The Iraqi dinar should be worth the same or higher…imo
1-12-2024 Newshound Guru Pimpy Don't get me wrong, they're going in the right direction. They're taking the right steps to strengthen their economy to strengthen the Iraqi dinar but if you're thinking this is going to happen overnight, you are sadly mistaken...The Iraqi dinar IMO is going to go up in increments. I still believe you're going to see an increase in the first quarter of this year.
1-12-2024 Newshound Guru Militia Man Al-Alaq said he was going to delete the zeros/the project to delete the zeros off the exchange rate. What did Al-Sudani say? He said the dinar would be stronger than the dollar. What did Salih say? He said they were going to have a major announcement. We're going to see if all three of those guys are telling the truth or not. I have a feeling they are...
1-12-2024 Intel Guru Bruce [via WiserNow] ...This time ...is really an interesting time for us. We are right in...the throes of the final days of this... what we're hearing from a major paymaster with Wells...that we should receive our notifications within the next four days... Friday, Saturday, Sunday, to Monday ...Now, they may take this to the very end...Let's see what happens for us Over the next four days
1-12-2024 Newshound Guru Clare Article: "With the exception of Iraq...the World Bank announces a rise in food sector inflation in the world" Quote "...the International Monetary Fund announced a decrease in the inflation rate in Iraq, which is expected to stabilize due to the policy of the Central Bank of Iraq and the impact resulting from raising the exchange rate of the Iraqi dinar..."
1-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There are many reports coming out today from Sudani people indirectly through the CBI telling us the amount of corruption here in Iraq is still staggering. They are finding ways to seal our currency... FRANK: It is extremely hard for you guys to deal with your currency when...the currency you do have is being stolen.
1-12-2024 Intel Guru MarkZ [via PDK] The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate...Most groups are looking for over the weekend or first of next week…let’s see what happens.
1-12-2024 Newshound/Intel Guru Walkingstick The only thing missing is the lower denoms and the new exchange rate. Everything else is in position.
1-12-2024 Newshound Guru Pimpy What's attractive about coming over to Iraq to do business is the fact that the currency is so cheap, that labor... production...and product cost are all cheap as well. Why do you suppose Nike gets their shoes made in China? Because...they pay $5/month and then bring the shoes over here to America and sell them for several hundred dollars. Do you see the huge profit margin. That's the same thing with Iraq. The currency is so cheap the companies would rather do business in Iraq ...because of the cheap labor...When they increase the exchange rate it's more costly for labor, products and production...Do you think they want this low exchange rate? Yes. And...they want it much lower. They don't give a shit.
1-12-2024 Newshound/Intel Guru Mnt Goat ...in my conversation with my CBI contact on my Wednesday call...We...talked about...the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.
1-12-2024 Intel Guru Frank26 Question: "Why would Iraq give the date of January 15th when they have tried to keep the timing of everything else a secret?" They're not telling you that's when they're going to reinstate their currency. They're telling you that's when their currency will go international. Now the question is at what rate?
1-12-2024 Intel Guru MarkZ [via PDK] ”Here is a great article written last August..”The Kuwaiti Dinar: A closer look at the world’s strongest currency” this talks about the history of the Kuwait dinar and why it is so valued…They have many of the same things going for it that Iraq now has. What does that tell us? The Iraqi dinar should be worth the same or higher…imo
1-11-2024 Intel Guru Frank26 Question: "What do you know about the length of time that we can exchange?" More than likely inside of a year. We should be able to see the growth of the Iraqi dinar to go back into what is comfortable for the Middle Eastern currency exchange rate that's fair.
1-11-2024 Newshound Guru Militia Man Accounting started January 1st. Taxation in the dinar, commercial trading in the dinar was supposed to start on the 1st. We're going to have to watch them expose how this rolls out.
1-11-2024 Newshound Guru Pimpy What they are talking about is a redenomination...Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate. So deletion of the zeros, otherwise know as a redenomination doesn't have anything to do with the exchange rate... [Post 2 of 2]
1-11-2024 Newshound Guru Pimpy Article: "Al-Kazemi's Advisor: The project to delete zeros from the currency is subject to two conditions" From the currency. Not the exchange rate. It says the currency. The currency is the same thing as a bank note. The 25,000 dinar the 10,000 dinar that's what they're talking about. When you read this don't mix the two up and assume when they say currency, they're talking about the value. They're not. They're talking about the bank note. [Post 1 of 2....stay tuned]
1-11-2024 Intel Guru MarkZ [via PDK] There has been some incredible chatter, gossip and rumors today. Group contacts have erupted through the day. There are great expectations of last minute changes to compliance over this weekend and our notifications early next week... Other contacts are saying the same thing…the chatter is notifications early next week. Just cross your fingers and hope it’s accurate. I’m kinda excited but going to stay grounded.
1-11-2024 Newshound Guru Breitling Community Comment "To me I feel we're at the cusp of this happen. I hope my feeling is legitimate." It is. I have the same feeling. But...your feelings have nothing to do with logic. Reading the articles, especially the ones from the CBI, Ministry of Finance, all that stuff is fantastic but that still does not guarantee the exact time when it's going to do it...
1-11-2024 Newshound Guru Kaperoni There is no significant RV of the Iraqi dinar. And if the dinar does ever go up in value, it will be based on the success and growth of Iraq's own economy. There are no shortcuts.
1-11-2024 Intel Guru Frank26 They are doing what the monetary reform requires right now. That is for the Iraqi citizens to now be in position to receive the lower denoms, the fils and a new exchange rate. It's all being done by the process of removing the American dollar and increasing the confidence, the value, the usage of the Iraqi dinar...
1-11-2024 Newshound/Intel Guru Walkingstick [Aki - Iraq Bank In US update] AKI: There are many Iraqi citizens in the United States of American holding 3-zero notes. It is my job to collect them for the CBI, where they will destroy them. Our [job] is to turn in the 3-zero notes. WALKINGSTICK: This is huge! AKI: Agree. Direct deposit from now on. No limitations. Article VIII not only for the citizens but for investors.
1-11-2024 Intel Guru MarkZ [via PDK] Some of my contractor contacts are back in Iraq now after the holidays and they are hearing very positive things for this month. Their expectations are running extremely high right now.
1-11-2024 Newshound Guru Militia Man Iraqi stock exchange soars 97%. The other day we talked about what 52% and that was a pretty bold statement for them to say that. Now they're talking about 97% annual gain as an indication of economic upswing...
1-11-2024 Newshound Guru Pimpy [I never said they will, I said they said they may revisit/consider 12 to 1. But...] Just because they switch it to 12 to 1 doesn't mean you have to cash in all your dinars. If you believe it's going to go up more in value then hold on to them. Cash some in at least, get some of your money back or cash in enough...to pay off your bills, pay off your house... cars... medical bills...make yourself debt free and then hold on to the rest of the dinars and see what happens.
1-11-2024 Intel Guru Frank26 These institutions [WTO etc] want Iraq to join them because they know Iraq is about to go into a float state. Let's look for 1 to 1200, 1 to 1,000, 1 to 1. Let's look for a change that is dramatic enough for it to be allowed to be released into the international theater. Within the next 5 days I'm very curious to see what the exchange rate will be after the 15th. Very curious to see if they're going to leave it at at penny stocks or are we improving?
1-11-2024 Intel Guru Bruce [via WiserNow] ...the the leaders of...redemption centers, the bank managers all put in their access codes. And now all they were waiting for is some form of return that gives them the green light from Treasury to proceed...Now it's up to Treasury...to get the green light placed for everything to begin... we'll see what develops over the next couple of days.
1-11-2024 Newshound/Intel Guru Mnt Goat There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm.
1-11-2024 Newshound Guru Militia Man Accounting started January 1st. Taxation in the dinar, commercial trading in the dinar was supposed to start on the 1st. We're going to have to watch them expose how this rolls out.
1-11-2024 Newshound Guru Pimpy What they are talking about is a redenomination...Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate. So deletion of the zeros, otherwise know as a redenomination doesn't have anything to do with the exchange rate... [Post 2 of 2]
1-11-2024 Newshound Guru Pimpy Article: "Al-Kazemi's Advisor: The project to delete zeros from the currency is subject to two conditions" From the currency. Not the exchange rate. It says the currency. The currency is the same thing as a bank note. The 25,000 dinar the 10,000 dinar that's what they're talking about. When you read this don't mix the two up and assume when they say currency, they're talking about the value. They're not. They're talking about the bank note. [Post 1 of 2....stay tuned]
1-11-2024 Intel Guru MarkZ [via PDK] There has been some incredible chatter, gossip and rumors today. Group contacts have erupted through the day. There are great expectations of last minute changes to compliance over this weekend and our notifications early next week... Other contacts are saying the same thing…the chatter is notifications early next week. Just cross your fingers and hope it’s accurate. I’m kinda excited but going to stay grounded.
1-11-2024 Newshound Guru Breitling Community Comment "To me I feel we're at the cusp of this happen. I hope my feeling is legitimate." It is. I have the same feeling. But...your feelings have nothing to do with logic. Reading the articles, especially the ones from the CBI, Ministry of Finance, all that stuff is fantastic but that still does not guarantee the exact time when it's going to do it...
1-11-2024 Newshound Guru Kaperoni There is no significant RV of the Iraqi dinar. And if the dinar does ever go up in value, it will be based on the success and growth of Iraq's own economy. There are no shortcuts.
1-11-2024 Intel Guru Frank26 They are doing what the monetary reform requires right now. That is for the Iraqi citizens to now be in position to receive the lower denoms, the fils and a new exchange rate. It's all being done by the process of removing the American dollar and increasing the confidence, the value, the usage of the Iraqi dinar...
1-11-2024 Newshound/Intel Guru Walkingstick [Aki - Iraq Bank In US update] AKI: There are many Iraqi citizens in the United States of American holding 3-zero notes. It is my job to collect them for the CBI, where they will destroy them. Our [job] is to turn in the 3-zero notes. WALKINGSTICK: This is huge! AKI: Agree. Direct deposit from now on. No limitations. Article VIII not only for the citizens but for investors.
1-11-2024 Intel Guru MarkZ [via PDK] Some of my contractor contacts are back in Iraq now after the holidays and they are hearing very positive things for this month. Their expectations are running extremely high right now.
1-11-2024 Newshound Guru Militia Man Iraqi stock exchange soars 97%. The other day we talked about what 52% and that was a pretty bold statement for them to say that. Now they're talking about 97% annual gain as an indication of economic upswing...
1-11-2024 Newshound Guru Pimpy [I never said they will, I said they said they may revisit/consider 12 to 1. But...] Just because they switch it to 12 to 1 doesn't mean you have to cash in all your dinars. If you believe it's going to go up more in value then hold on to them. Cash some in at least, get some of your money back or cash in enough...to pay off your bills, pay off your house... cars... medical bills...make yourself debt free and then hold on to the rest of the dinars and see what happens.
1-11-2024 Intel Guru Frank26 These institutions [WTO etc] want Iraq to join them because they know Iraq is about to go into a float state. Let's look for 1 to 1200, 1 to 1,000, 1 to 1. Let's look for a change that is dramatic enough for it to be allowed to be released into the international theater. Within the next 5 days I'm very curious to see what the exchange rate will be after the 15th. Very curious to see if they're going to leave it at at penny stocks or are we improving?
1-11-2024 Intel Guru Bruce [via WiserNow] ...the the leaders of...redemption centers, the bank managers all put in their access codes. And now all they were waiting for is some form of return that gives them the green light from Treasury to proceed...Now it's up to Treasury...to get the green light placed for everything to begin... we'll see what develops over the next couple of days.
1-11-2024 Newshound/Intel Guru Mnt Goat There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm.
1-10-2024 Intel Guru MarkZ [via PDK] Question: I am hearing dinar $3.81 and dong .47…is that what you are hearing? MarkZ: That’s not what I am hearing but I would be ok with it. That would still be fantastic. But I am hearing higher rates than that.
1-10-2024 Newshound Guru Pimpy I never said there was an official 12 to 1 exchange rate. What I said was I thought it was interesting that in that article they even considered revisiting the 12 to 1 exchange rate policy in the year 2026...It says they're revisiting the 12 to 1 exchange rate policy and they're going to do it the beginning of 2026. I didn't make that up, nor did I say they were going to go to 12 to 1. I was explaining to you what the 12 to 1 exchange rate policy is.
1-10-2024 Intel Guru Frank26 Question "Are redemption centers at a bank or elsewhere?" I'm going to a bank. You can find redemption centers in a lot of places. Some large credit unions might do it. Go to an airport, they have those kiosks and try there if you want. You're not going to get a good exchange rate IMO if you go to those places. Go to a large bank. Don't go to the mom and pop bank either...
1-10-2024 Newshound Guru Clare Article "With wide local and international participation.. Baghdad Exhibition opens its 47th session today" Quote "...with the participation of 850 different companies from 20 countries...the exhibition will last for 10 days, starting today and ending on the 19th of this month..."
1-10-2024 Newshound Guru Jeff You'll notice as they have finished those elections, they're now hitting the ground running. The ball's rolling and everything is now starting to move forward to prepare for the revaluation ...That is why you are seeing the aggressive forward movement that you are.
1-10-2024 Newshound Guru Samson Article: "We are not planning to withdraw currently.” The Pentagon: We are not aware of notification from Baghdad of a decision to withdraw American forces"
1-10-2024 Newshound Guru Militia Man The oil & gas law is a very important and is considered to be integral to the citizens needs and the economic development of the country. They stop short of telling us what came of the oil & gas law today. Why? ...One reason would be that there is exchange rate sensitivity with respect to the law...An exchange rate to be one that is stronger than the dollar (Per Al-Sudani) will help largely in that regard. So, yesterday they were focusing on the importance of this law and with urgency. A very good sign!!!
1-10-2024 Newshound/Intel Guru Walkingstick When you ask about the LDs they are only found in Iraq. We do not possess them. Iraq will give to the Iraqi citizens, when the time comes, physical lower notes and coins and collect three zero notes...The difference is that here in the US I have to do everything electronic where my friends in Iraq, their banks can do it electronic or physically if they want the lower denoms and coins in their hands. [Post 2 of 2]
1-10-2024 Newshound/Intel Guru Walkingstick [Aki - Iraq Bank owner in US update] Question: "The new orders you got on January 1st, are they for you to dispense the lower denoms and collect 3 zero notes?" Here in the Untied States we are preparing to do everything with electronic platforms...We are prepared to collect the 3 zero notes from those that wish to exchange them for American dollars...We follow International banking laws, the same laws American banks follow. Here in the United States the bank that I am in charge of will be all electronic. [Post 1 of 2....stay tuned]
1-10-2024 Intel Guru MarkZ [via PDK] Iraqs stock market is up 90% in valuation based on the US dollar…and they continuously talk about the exchange rate and what their market is going to look like after a change in the exchange rate. They are telling us its coming and that they will address it in their first parliamentary session. And that session has just started. Positive stuff.
1-10-2024 Newshound Guru Pimpy I've heard so many [gurus] talk about - according to the IMF Iraq needs to be within 2% between the parallel rate and their official exchange rate. No that's not right...To maintain stability Iraq needs to maintain a narrow spread, that's the gap between the official exchange rate and the black market. Generally a spread of less than 5% is considered acceptable. Not 2%, 5%. A spread more than 10% is considered a significant risk to the economy. Iraq is going to have to shoot for between 5 and 10%. They want to be less than 10. It'd be idealistic if they can get around 5...
1-10-2024 Intel Guru Frank26 What have the articles been telling us? That the Iraqi dinar and the American dollar are divorcing by mechanisms...It's causing the American dollar to go down...just in one week 150 to 140 to... 135. The value of the Iraqi dinar is going up as the American dollar inside of Iraq is being put away...it's not in the picture anymore.
1-10-2024 Newshound/Intel Guru Mnt Goat Article: "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS
SOON" If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today.
1-10-2024 Intel Guru MarkZ [via PDK] “Getting Vietnam off the money laundering Gray list” …the UK seems worried that someone may filter money through Vietnam. And artificially lower their rates to take advantage of trade imbalances. Europe and the US believe Vietnam should have a higher currency rate. What does this tell you? That your investment with Vietnamese currency should be worth more money than it is. Comment: I heard the dong may rv at .47 cents? MarkZ: .47 cents would be fantastic…but, I think it will be more than that... I am still hearing the low $2 range…and bankers think it’s higher than that.
1-10-2024 Newshound Guru Pimpy I never said there was an official 12 to 1 exchange rate. What I said was I thought it was interesting that in that article they even considered revisiting the 12 to 1 exchange rate policy in the year 2026...It says they're revisiting the 12 to 1 exchange rate policy and they're going to do it the beginning of 2026. I didn't make that up, nor did I say they were going to go to 12 to 1. I was explaining to you what the 12 to 1 exchange rate policy is.
1-10-2024 Intel Guru Frank26 Question "Are redemption centers at a bank or elsewhere?" I'm going to a bank. You can find redemption centers in a lot of places. Some large credit unions might do it. Go to an airport, they have those kiosks and try there if you want. You're not going to get a good exchange rate IMO if you go to those places. Go to a large bank. Don't go to the mom and pop bank either...
1-10-2024 Newshound Guru Clare Article "With wide local and international participation.. Baghdad Exhibition opens its 47th session today" Quote "...with the participation of 850 different companies from 20 countries...the exhibition will last for 10 days, starting today and ending on the 19th of this month..."
1-10-2024 Newshound Guru Jeff You'll notice as they have finished those elections, they're now hitting the ground running. The ball's rolling and everything is now starting to move forward to prepare for the revaluation ...That is why you are seeing the aggressive forward movement that you are.
1-10-2024 Newshound Guru Samson Article: "We are not planning to withdraw currently.” The Pentagon: We are not aware of notification from Baghdad of a decision to withdraw American forces"
1-10-2024 Newshound Guru Militia Man The oil & gas law is a very important and is considered to be integral to the citizens needs and the economic development of the country. They stop short of telling us what came of the oil & gas law today. Why? ...One reason would be that there is exchange rate sensitivity with respect to the law...An exchange rate to be one that is stronger than the dollar (Per Al-Sudani) will help largely in that regard. So, yesterday they were focusing on the importance of this law and with urgency. A very good sign!!!
1-10-2024 Newshound/Intel Guru Walkingstick When you ask about the LDs they are only found in Iraq. We do not possess them. Iraq will give to the Iraqi citizens, when the time comes, physical lower notes and coins and collect three zero notes...The difference is that here in the US I have to do everything electronic where my friends in Iraq, their banks can do it electronic or physically if they want the lower denoms and coins in their hands. [Post 2 of 2]
1-10-2024 Newshound/Intel Guru Walkingstick [Aki - Iraq Bank owner in US update] Question: "The new orders you got on January 1st, are they for you to dispense the lower denoms and collect 3 zero notes?" Here in the Untied States we are preparing to do everything with electronic platforms...We are prepared to collect the 3 zero notes from those that wish to exchange them for American dollars...We follow International banking laws, the same laws American banks follow. Here in the United States the bank that I am in charge of will be all electronic. [Post 1 of 2....stay tuned]
1-10-2024 Intel Guru MarkZ [via PDK] Iraqs stock market is up 90% in valuation based on the US dollar…and they continuously talk about the exchange rate and what their market is going to look like after a change in the exchange rate. They are telling us its coming and that they will address it in their first parliamentary session. And that session has just started. Positive stuff.
1-10-2024 Newshound Guru Pimpy I've heard so many [gurus] talk about - according to the IMF Iraq needs to be within 2% between the parallel rate and their official exchange rate. No that's not right...To maintain stability Iraq needs to maintain a narrow spread, that's the gap between the official exchange rate and the black market. Generally a spread of less than 5% is considered acceptable. Not 2%, 5%. A spread more than 10% is considered a significant risk to the economy. Iraq is going to have to shoot for between 5 and 10%. They want to be less than 10. It'd be idealistic if they can get around 5...
1-10-2024 Intel Guru Frank26 What have the articles been telling us? That the Iraqi dinar and the American dollar are divorcing by mechanisms...It's causing the American dollar to go down...just in one week 150 to 140 to... 135. The value of the Iraqi dinar is going up as the American dollar inside of Iraq is being put away...it's not in the picture anymore.
1-10-2024 Newshound/Intel Guru Mnt Goat Article: "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS
SOON" If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today.
1-10-2024 Intel Guru MarkZ [via PDK] “Getting Vietnam off the money laundering Gray list” …the UK seems worried that someone may filter money through Vietnam. And artificially lower their rates to take advantage of trade imbalances. Europe and the US believe Vietnam should have a higher currency rate. What does this tell you? That your investment with Vietnamese currency should be worth more money than it is. Comment: I heard the dong may rv at .47 cents? MarkZ: .47 cents would be fantastic…but, I think it will be more than that... I am still hearing the low $2 range…and bankers think it’s higher than that.
1-9-2024 Intel Guru Frank26 The next step in the monetary reform investment that you're involved in will be the most difficult step. It wasn't difficult to decide to buy the currency. It wasn't difficult to put it in a safe all these years and wait. Well I guess it was a little difficult. But you're now at the point where you have to make decisions with what you have...You will be attacked ...You all need to take this a little bit more serious...
1-9-2024 Newshound Guru Pimpy The best suggestion I would make when it comes to this is get a tax expert that can help you with this. Let them tell you what you can do to help reduce the amount of money you owe based on the amount you get when you swap your currencies. When you swap your Iraqi Dinar for US dollar if the exchange rate gets up there to a level you like you're going to have to pay capital gains taxes on it... [Note: Some gurus feel it will be/could be taxed as ordinary income. Consult your tax expert to determine what's right for you.]
1-9-2024 Guru Nader From The Mid East We told you we're going to switch from dollars to dinar and that happened...They talked about it yesterday and I'm really excited about it. Today they're talking about again about the market and how it's excellent...It's going up slowly. Listen, it's a lot of steps to do. They're working on it. Everyday it's a new step and that's really good. I'm excited about it. I hope everybody getting excited. Don't get too excited though. Keep grounded.
1-9-2024 Intel Guru MarkZ [via PDK] There are a lot of folks looking squarely at today through the 14th-15th...we are very much sitting at the edge of our seats…again...I do feel like we are close to it being over.
1-9-2024 Newshound Guru Samson Article: "Iraq is preparing to start trading in the Turkish lira and the Emirati dirham"
1-9-2024 Intel Guru Frank26 on the 15th is when the CBI said the dinar would go international. IMO it already did on January 1, 2024. On the 15th I think it's when they make it official on the boards. That would be good because then it's going to be used in markets. It's going to be used to buy, sell trade. It's going to develop trust, security, stability, value and that's not even the basket...!
1-9-2024 Newshound Guru Pimpy You guys out there think I don't know what I'm talking about because you don't listen. I never said the exchange rate is going to be 12 to 1 in the year 2026. I said the article that talks about the 12 to 1 exchange rate I found it interesting because they're talking about revisiting that in 2026. What I'm curious about is if they're going to finally allow the Iraqi people to have access to that 12 to 1 exchange rate or is it just going to be used for other purposes like it was last time...
1-9-2024 Newshound/Intel Guru Walkingstick [Aki - Iraq Bank In US update] Training is complete....They are educating the citizens and answering their questions on the next step of the monetary reform. Once the LDs are announced the exchange rate inside of Iraq will move quickly. Citizens want this and they will play a part in adding value to the currency...Iraqis are starting to come into the banks here in the United State asking us questions.
1-9-2024 Intel Guru MarkZ [via PDK] Article: “Iran backs Iraqi call to end presence of US led forces” Many around the world are pushing this…it is one of the key pieces for us…the removal date appears to be imminent... Flash back to an interview that Donald Trump did…he said to get us out-we will be gone as soon as they pay us. It looks like we are leaving…so what does that tell you?
1-9-2024 Newshound Guru Militia Man Developing the market for the banking sector is huge because look, the ISX shows that their index has been up about 52% in 2023...Why is that if Iraq is just status quo and it's just blah...? It's not.
1-9-2024 Intel Guru Frank26 The electronic platforms are being established through Visa and MasterCard for the citizens of Iraq in order to be able to transfer money in and out of their country because the float is about to start. The dollar is going down and the dinar is going up. Today you saw a third change 135,000 to 100 USD. It's going in the right direction and it's moving fast...
1-9-2024 Intel Guru MarkZ [via PDK] “Iraq issues $1.5 Billion reconstruction bonds” These are based on US pricing but in Iraqi dinar.
1-9-2024 Newshound/Intel Guru Mnt Goat I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact ...gave me assurances that this could be the case. Keep our fingers crossed nothing else interferes in the process.
1-9-2024 Newshound Guru Pimpy The best suggestion I would make when it comes to this is get a tax expert that can help you with this. Let them tell you what you can do to help reduce the amount of money you owe based on the amount you get when you swap your currencies. When you swap your Iraqi Dinar for US dollar if the exchange rate gets up there to a level you like you're going to have to pay capital gains taxes on it... [Note: Some gurus feel it will be/could be taxed as ordinary income. Consult your tax expert to determine what's right for you.]
1-9-2024 Guru Nader From The Mid East We told you we're going to switch from dollars to dinar and that happened...They talked about it yesterday and I'm really excited about it. Today they're talking about again about the market and how it's excellent...It's going up slowly. Listen, it's a lot of steps to do. They're working on it. Everyday it's a new step and that's really good. I'm excited about it. I hope everybody getting excited. Don't get too excited though. Keep grounded.
1-9-2024 Intel Guru MarkZ [via PDK] There are a lot of folks looking squarely at today through the 14th-15th...we are very much sitting at the edge of our seats…again...I do feel like we are close to it being over.
1-9-2024 Newshound Guru Samson Article: "Iraq is preparing to start trading in the Turkish lira and the Emirati dirham"
1-9-2024 Intel Guru Frank26 on the 15th is when the CBI said the dinar would go international. IMO it already did on January 1, 2024. On the 15th I think it's when they make it official on the boards. That would be good because then it's going to be used in markets. It's going to be used to buy, sell trade. It's going to develop trust, security, stability, value and that's not even the basket...!
1-9-2024 Newshound Guru Pimpy You guys out there think I don't know what I'm talking about because you don't listen. I never said the exchange rate is going to be 12 to 1 in the year 2026. I said the article that talks about the 12 to 1 exchange rate I found it interesting because they're talking about revisiting that in 2026. What I'm curious about is if they're going to finally allow the Iraqi people to have access to that 12 to 1 exchange rate or is it just going to be used for other purposes like it was last time...
1-9-2024 Newshound/Intel Guru Walkingstick [Aki - Iraq Bank In US update] Training is complete....They are educating the citizens and answering their questions on the next step of the monetary reform. Once the LDs are announced the exchange rate inside of Iraq will move quickly. Citizens want this and they will play a part in adding value to the currency...Iraqis are starting to come into the banks here in the United State asking us questions.
1-9-2024 Intel Guru MarkZ [via PDK] Article: “Iran backs Iraqi call to end presence of US led forces” Many around the world are pushing this…it is one of the key pieces for us…the removal date appears to be imminent... Flash back to an interview that Donald Trump did…he said to get us out-we will be gone as soon as they pay us. It looks like we are leaving…so what does that tell you?
1-9-2024 Newshound Guru Militia Man Developing the market for the banking sector is huge because look, the ISX shows that their index has been up about 52% in 2023...Why is that if Iraq is just status quo and it's just blah...? It's not.
1-9-2024 Intel Guru Frank26 The electronic platforms are being established through Visa and MasterCard for the citizens of Iraq in order to be able to transfer money in and out of their country because the float is about to start. The dollar is going down and the dinar is going up. Today you saw a third change 135,000 to 100 USD. It's going in the right direction and it's moving fast...
1-9-2024 Intel Guru MarkZ [via PDK] “Iraq issues $1.5 Billion reconstruction bonds” These are based on US pricing but in Iraqi dinar.
1-9-2024 Newshound/Intel Guru Mnt Goat I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact ...gave me assurances that this could be the case. Keep our fingers crossed nothing else interferes in the process.
1-8-2024 Intel Guru Frank26 The floor of the CBI is really spotless, spotless enough to bring forth the new exchange rate, the lower denominations to the Iraqi citizens without fear...
1-8-2024 Newshound Guru Pimpy 12 to 1 is better than nothing. A lot of people will get out...If it goes 12 to 1 95% of the people are going to jump the hell out of it. They'd be scared that something would happen and screw everything up. They'll take it. I'll take 12 to 1. I'm not greedy. I'll take 12 to 1, that gives me $333,000. I'd be very happy with that. Don't get me wrong, I would take more but I'd be very happy with that. [Note: Use the Dinar Guru Calculator to determine how much USD you'd make. Link is at the top of this page.]
1-8-2024 Newshound Guru Militia Man Once they...get the parallel price to say 1320, 1310 as apposed from 1560...they'll adjust and finish the project to delete the zeros. Remember, it's not off the currency, it's off the exchange rate of the currency. There is a difference. A lot of people are still hung up on that...
1-8-2024 Newshound Guru Breitling "What is Iraq waiting for at this point [to RV]?" No body knows...When [Senator] McCain was around those were the heavy hitters. Those were the guys I would listen to. This was nothing 'official' but these guys knew what was going on, 'you want to be in the dinar.' I have some very good friends who didn't buy it and they talked to McCain and he said you better buy this currency. According to them, it should have happened by now. I still hang out with the same group and to this day nobody knows why Iraq has not pulled the trigger yet. What's strange is back in they day Iraq didn't talk about it that much, now they talk about it all the time. Whatever the CBI is looking at, it's starting to look like they need to be there.
1-8-2024 Newshound Guru Clare Article: "An Iraqi delegation heads to Washington within days, followed by a visit to Sudan" Quote: "Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani."
1-8-2024 Newshound Guru Samson Article: "The gap between supply and demand is “exhausting” the Iraqi dinar... Two paths for the decline in dollar prices"
1-8-2024 Intel Guru Frank26 [Hypothetical bank interaction] I went to Chase Bank and they told me it's a scam. Remember [FireFly boot on the ground in Iraq] tells us JPMorgan is building 10 more banks [In Iraq]. So tell them when they say it's a scam - you are really ignorant. Don't you know about those 10 banks they're building right now? No. Hey, did you know know JPMorgan
will support the Iraqi dinar 100% and that's direct from the CEO Mr. Jamie Dimon...Did you know the US Treasury has millions of dinars in its foreign reserve? Scam huh?...Did you know as of January 1, 2024 there won't be a single American dollar used in Iraq any longer and only the Iraqi dinar which means it's going to have value? ...How in the world do you not know these facts about your bank? Or are you lying...
1-8-2024 Newshound Guru Pimpy You'll see changes IMO after the end of the 1st quarter of this year. I might be wrong on that but I'm anticipating. With all the trading they're doing, the fact that they got rid of the dollar, that is going to cause the Iraqi dinar to increase in value to the point where they might have to change the exchange rate...But any major major changes like 12 to 1 that's not small. That's a big change in the exchange rate.
1-8-2024 Intel Guru MarkZ [via PDK] ...on the group side I am hearing very positive things. They are specifically looking at dates between the 9th and the 14th of this month. This does give us a range to look at...
1-8-2024 Newshound Guru Militia Man Article: "URGENT: The Baghdad Stock Exchange operates on the “NASDAQ” system, and foreigners and banks have become more investors" This is a very good sign that Iraq is opening to the world...Take notice of what they say about what currency the shares will be denominated in.. The Iraqi dinar. Take even more notice that they are telling the world that the shares will be affected by the exchange rate. With the expectation of a rate change to be stronger than the dollar one could imagine the impact that is already having and how much more growth there will be. This is a very good sign of things to come. I am so ready...
1-8-2024 Intel/Newshound Guru Babysmom NEWEST ANTICIPATED POSSIBLE OPENING RATES... DINAR 3.81-4.81, DONG .47...
1-8-2024 Newshound/Intel Guru Mnt Goat I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT!
1-8-2024 Newshound Guru Pimpy 12 to 1 is better than nothing. A lot of people will get out...If it goes 12 to 1 95% of the people are going to jump the hell out of it. They'd be scared that something would happen and screw everything up. They'll take it. I'll take 12 to 1. I'm not greedy. I'll take 12 to 1, that gives me $333,000. I'd be very happy with that. Don't get me wrong, I would take more but I'd be very happy with that. [Note: Use the Dinar Guru Calculator to determine how much USD you'd make. Link is at the top of this page.]
1-8-2024 Newshound Guru Militia Man Once they...get the parallel price to say 1320, 1310 as apposed from 1560...they'll adjust and finish the project to delete the zeros. Remember, it's not off the currency, it's off the exchange rate of the currency. There is a difference. A lot of people are still hung up on that...
1-8-2024 Newshound Guru Breitling "What is Iraq waiting for at this point [to RV]?" No body knows...When [Senator] McCain was around those were the heavy hitters. Those were the guys I would listen to. This was nothing 'official' but these guys knew what was going on, 'you want to be in the dinar.' I have some very good friends who didn't buy it and they talked to McCain and he said you better buy this currency. According to them, it should have happened by now. I still hang out with the same group and to this day nobody knows why Iraq has not pulled the trigger yet. What's strange is back in they day Iraq didn't talk about it that much, now they talk about it all the time. Whatever the CBI is looking at, it's starting to look like they need to be there.
1-8-2024 Newshound Guru Clare Article: "An Iraqi delegation heads to Washington within days, followed by a visit to Sudan" Quote: "Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani."
1-8-2024 Newshound Guru Samson Article: "The gap between supply and demand is “exhausting” the Iraqi dinar... Two paths for the decline in dollar prices"
1-8-2024 Intel Guru Frank26 [Hypothetical bank interaction] I went to Chase Bank and they told me it's a scam. Remember [FireFly boot on the ground in Iraq] tells us JPMorgan is building 10 more banks [In Iraq]. So tell them when they say it's a scam - you are really ignorant. Don't you know about those 10 banks they're building right now? No. Hey, did you know know JPMorgan
will support the Iraqi dinar 100% and that's direct from the CEO Mr. Jamie Dimon...Did you know the US Treasury has millions of dinars in its foreign reserve? Scam huh?...Did you know as of January 1, 2024 there won't be a single American dollar used in Iraq any longer and only the Iraqi dinar which means it's going to have value? ...How in the world do you not know these facts about your bank? Or are you lying...
1-8-2024 Newshound Guru Pimpy You'll see changes IMO after the end of the 1st quarter of this year. I might be wrong on that but I'm anticipating. With all the trading they're doing, the fact that they got rid of the dollar, that is going to cause the Iraqi dinar to increase in value to the point where they might have to change the exchange rate...But any major major changes like 12 to 1 that's not small. That's a big change in the exchange rate.
1-8-2024 Intel Guru MarkZ [via PDK] ...on the group side I am hearing very positive things. They are specifically looking at dates between the 9th and the 14th of this month. This does give us a range to look at...
1-8-2024 Newshound Guru Militia Man Article: "URGENT: The Baghdad Stock Exchange operates on the “NASDAQ” system, and foreigners and banks have become more investors" This is a very good sign that Iraq is opening to the world...Take notice of what they say about what currency the shares will be denominated in.. The Iraqi dinar. Take even more notice that they are telling the world that the shares will be affected by the exchange rate. With the expectation of a rate change to be stronger than the dollar one could imagine the impact that is already having and how much more growth there will be. This is a very good sign of things to come. I am so ready...
1-8-2024 Intel/Newshound Guru Babysmom NEWEST ANTICIPATED POSSIBLE OPENING RATES... DINAR 3.81-4.81, DONG .47...
1-8-2024 Newshound/Intel Guru Mnt Goat I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT!
1-7-2024 Newshound Guru Pimpy IRS says these would be capital gains...If you make more than $500 you've got to report it. The tax bracket will be based on the amount of profit you earn...People try to over complicate it...You don't ever get a loss or a profit until you sell them. [NOTE: Some gurus feel it's capital gains others feel ordinary income. The only opinion that matters is the IRS's. Always consult your tax professionals at the appropriate time to determine the correct tax for your unique situation.]
1-7-2024 Intel Guru Frank26 The IQD is going up in value because the American dollar is going down. This is the skeleton key to the monetary reform.
1-7-2024 Guru Nader From The Mid East It's going to be $3.50 to 1 and it's going to play about Forex between $3.50 and $4.50. It's true what I tell you. I'm not playing around.
1-7-2024 Newshound Guru Kaperoni Article: "Ali Al-Alaq, the current governor of the Central Bank of Iraq confirms that Iraq's money supply exceeds 100 trillion dinar."
1-7-2024 Newshound Guru Pimpy In 2003...for every 1 IQD you got back $1.53 of US money. That's what it was in 2003.
1-7-2024 Newshound Guru Sandy Ingram The stronger the currency, the more confidence the world has in the country's economic stability and growth potential. How does a GDP affect a country's currency rate? Simply, a higher GDP signals a stronger, productive economy. This attracts foreign investors, who need to buy the country's currency to invest. This surge in demand for the currency increases its value, or 'rate'...A rise in Iraq's GDP implies a healthier economy and a potential increase in the dinars value. [Post 2 of 2]
1-7-2024 Newshound Guru Sandy Ingram What will it take for the Iraqi dinar to strengthen against the US dollar? Imagine a country as a business. The Gross Domestic Product (GDP) is essentially its annual report showcasing the value of all goods and services produced. A high GDP indicates a booming economy...The currency rate on the other hand is a bit like a company's share price. It's the global market's way of saying how much it thinks that...country is worth. [Post 1 of 2....stay tuned]
1-7-2024 Newshound Guru Militia Man The Central Bank of Iraq is giving out instructions for what they're doing and how they're doing it...I think you should be pretty excited because I know I am...
1-7-2024 Intel Guru Frank26 Question: "Are you looking for any major announcements from the CBI next week?" When you say major announcement obviously that's trying to entrap me. I'm looking for an announcement every freaking morning that I wake up...
1-7-2024 Newshound Guru Pimpy They're saying 12 to 1 [possibly revisit/consider the change in 2026]. If they implemented that tomorrow I would not have any dinar left over. I'll take 12 to 1. I can pay off my house as well as a lot of other debt and start all over debt free plus having pretty church of change to put toward my retirement. [Note: Use the free Dinar Guru Calculator at the top of this page to determine how much dollars that rate means to you.]
1-7-2024 Intel Guru Bruce [via WiserNow] Now we're getting a couple of different things from three different Intel sources. Two of them are pretty much lining up with this can go any time between now and Monday...our final source that we heard from...was saying that...all releases Start this weekend...I think that's good news. And these are pretty top sources too that’s giving this information...
1-7-2024 Intel Guru Frank26 The IQD is going up in value because the American dollar is going down. This is the skeleton key to the monetary reform.
1-7-2024 Guru Nader From The Mid East It's going to be $3.50 to 1 and it's going to play about Forex between $3.50 and $4.50. It's true what I tell you. I'm not playing around.
1-7-2024 Newshound Guru Kaperoni Article: "Ali Al-Alaq, the current governor of the Central Bank of Iraq confirms that Iraq's money supply exceeds 100 trillion dinar."
1-7-2024 Newshound Guru Pimpy In 2003...for every 1 IQD you got back $1.53 of US money. That's what it was in 2003.
1-7-2024 Newshound Guru Sandy Ingram The stronger the currency, the more confidence the world has in the country's economic stability and growth potential. How does a GDP affect a country's currency rate? Simply, a higher GDP signals a stronger, productive economy. This attracts foreign investors, who need to buy the country's currency to invest. This surge in demand for the currency increases its value, or 'rate'...A rise in Iraq's GDP implies a healthier economy and a potential increase in the dinars value. [Post 2 of 2]
1-7-2024 Newshound Guru Sandy Ingram What will it take for the Iraqi dinar to strengthen against the US dollar? Imagine a country as a business. The Gross Domestic Product (GDP) is essentially its annual report showcasing the value of all goods and services produced. A high GDP indicates a booming economy...The currency rate on the other hand is a bit like a company's share price. It's the global market's way of saying how much it thinks that...country is worth. [Post 1 of 2....stay tuned]
1-7-2024 Newshound Guru Militia Man The Central Bank of Iraq is giving out instructions for what they're doing and how they're doing it...I think you should be pretty excited because I know I am...
1-7-2024 Intel Guru Frank26 Question: "Are you looking for any major announcements from the CBI next week?" When you say major announcement obviously that's trying to entrap me. I'm looking for an announcement every freaking morning that I wake up...
1-7-2024 Newshound Guru Pimpy They're saying 12 to 1 [possibly revisit/consider the change in 2026]. If they implemented that tomorrow I would not have any dinar left over. I'll take 12 to 1. I can pay off my house as well as a lot of other debt and start all over debt free plus having pretty church of change to put toward my retirement. [Note: Use the free Dinar Guru Calculator at the top of this page to determine how much dollars that rate means to you.]
1-7-2024 Intel Guru Bruce [via WiserNow] Now we're getting a couple of different things from three different Intel sources. Two of them are pretty much lining up with this can go any time between now and Monday...our final source that we heard from...was saying that...all releases Start this weekend...I think that's good news. And these are pretty top sources too that’s giving this information...
1-6-2024 Newshound Guru Pimpy Community Comment "The bad part would be when you minus taxes on it." Yeah, it's going to be capital gains tax...Whenever you're dealing with foreign currencies as an investment you're dealing with capital gains. [NOTE: Speak to your tax professional at the appropriate time to determine the right tax for your unique situation.]
1-6-2024 Intel Guru Frank26 You're only going to use the receipt if you're ever audited. That receipt will determine whether they will be in the 40% or the 20% tax bracket. You will be taxed. Anybody that tell you that this is not a taxable event run away as quickly as possible...If you think you're going to get away without paying taxes I've got some land on the moon to sell you. [Note: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances.]
1-6-2024 Newshound/Intel Guru Walkingstick Just because you didn't see it...hear it...read it...doesn't mean it hasn't happened or in the process of happening.
1-6-2024 Newshound Guru Militia Man They've totally said they're going to cease using multi currencies. You go to the grocery store, you pay your bills inside the country you're going to be doing it in dinar. You're not going to be using the dollar. You're not going to use the yuan, yen or any of those things. You're going to be using one currency...
1-6-2024 Intel Guru MarkZ [via PDK] “Iraq wants US military gone” Especially after the US military killed a militia leader last week. Remember what Donald Trump said years ago. “We will be out as soon as you revalue and we are paid” So I think this is a good thing for us. He wanted the US to recoup all our economic interests and investments in Iraq. Iraq continues to show us that things are imminent. I believe this gives us an indication as they want us to leave quickly…so we should expect the RV quickly.
1-6-2024 Newshound Guru Sandy Ingram Iraq is believed to be floating on oil. Meaning there are millions of barrels of oil still in the ground which has not been tapped. The additional good news is Iraq drilled and reclaimed over 190 oil wells in 2023...
1-6-2024 Newshound Guru Pimpy To see any real significant change in Iraqi dinar, no. I just can't imagine that happening anytime really soon. They're too dependent on oil. As Iraq continues to change that situation that's better for Iraqis plus those holding on to the Iraqi dinar altogether. You can't rely on oil for 95% of your budget. If oil crashes then guess what, so does that country. Period.
1-6-2024 Newshound Guru Samson Article: "The Central Bank announces the imminent issuance of decisions to support the Iraqi dinar"
1-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI on news saying they have taken measures and decisions on supporting the dinar and maintaining its value against other currencies in the world talking about how CBI fully supports and back dinar and how it will be holding its own against other currencies. Saying this will positively affect the exchange rate. FRANK: I am excited that they are giving you deeper information about the monetary reform and how it’s going to add value to your currency and I love how they keep saying in the coming days let’s see what happens around 15 January.
1-6-2024 Newshound/Intel Guru Mnt Goat The CBI is still closely monitoring the parallel rate...the parallel rate is expected to decline sometime in early January and at least match the CBI “official” rate. At that time the CBI will revalue the “official” rate to much closer to if not at 1000. Then again drive the parallel market to match it. This may take some time but I am being told they are talking weeks and not months... my CBI contact tells me we are almost here now and with the opening and spending of the 2024 budget and currency swaps with other neighboring countries for trade, it should finally break the parallel market and end it.
1-6-2024 Intel Guru MarkZ [via PDK] There are some very key meetings going on around the world on Iraq...Around the 12th through the 19th…. The banking side keeps telling me to relax because its done…and we should be able to see it soon. Problem is I don’t know what “soon” means anymore.
1-6-2024 Intel Guru Frank26 You're only going to use the receipt if you're ever audited. That receipt will determine whether they will be in the 40% or the 20% tax bracket. You will be taxed. Anybody that tell you that this is not a taxable event run away as quickly as possible...If you think you're going to get away without paying taxes I've got some land on the moon to sell you. [Note: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances.]
1-6-2024 Newshound/Intel Guru Walkingstick Just because you didn't see it...hear it...read it...doesn't mean it hasn't happened or in the process of happening.
1-6-2024 Newshound Guru Militia Man They've totally said they're going to cease using multi currencies. You go to the grocery store, you pay your bills inside the country you're going to be doing it in dinar. You're not going to be using the dollar. You're not going to use the yuan, yen or any of those things. You're going to be using one currency...
1-6-2024 Intel Guru MarkZ [via PDK] “Iraq wants US military gone” Especially after the US military killed a militia leader last week. Remember what Donald Trump said years ago. “We will be out as soon as you revalue and we are paid” So I think this is a good thing for us. He wanted the US to recoup all our economic interests and investments in Iraq. Iraq continues to show us that things are imminent. I believe this gives us an indication as they want us to leave quickly…so we should expect the RV quickly.
1-6-2024 Newshound Guru Sandy Ingram Iraq is believed to be floating on oil. Meaning there are millions of barrels of oil still in the ground which has not been tapped. The additional good news is Iraq drilled and reclaimed over 190 oil wells in 2023...
1-6-2024 Newshound Guru Pimpy To see any real significant change in Iraqi dinar, no. I just can't imagine that happening anytime really soon. They're too dependent on oil. As Iraq continues to change that situation that's better for Iraqis plus those holding on to the Iraqi dinar altogether. You can't rely on oil for 95% of your budget. If oil crashes then guess what, so does that country. Period.
1-6-2024 Newshound Guru Samson Article: "The Central Bank announces the imminent issuance of decisions to support the Iraqi dinar"
1-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI on news saying they have taken measures and decisions on supporting the dinar and maintaining its value against other currencies in the world talking about how CBI fully supports and back dinar and how it will be holding its own against other currencies. Saying this will positively affect the exchange rate. FRANK: I am excited that they are giving you deeper information about the monetary reform and how it’s going to add value to your currency and I love how they keep saying in the coming days let’s see what happens around 15 January.
1-6-2024 Newshound/Intel Guru Mnt Goat The CBI is still closely monitoring the parallel rate...the parallel rate is expected to decline sometime in early January and at least match the CBI “official” rate. At that time the CBI will revalue the “official” rate to much closer to if not at 1000. Then again drive the parallel market to match it. This may take some time but I am being told they are talking weeks and not months... my CBI contact tells me we are almost here now and with the opening and spending of the 2024 budget and currency swaps with other neighboring countries for trade, it should finally break the parallel market and end it.
1-6-2024 Intel Guru MarkZ [via PDK] There are some very key meetings going on around the world on Iraq...Around the 12th through the 19th…. The banking side keeps telling me to relax because its done…and we should be able to see it soon. Problem is I don’t know what “soon” means anymore.
1-5-2024 Intel Guru Frank26 Article: "Dollar exchange rates in local markets recorded a decline today...this list" The dollar exchange rate is dropping like an anvil in the middle of the pacific ocean.
1-5-2024 Newshound Guru Pimpy Article: "Central Bank: Non-oil deficit more than 80% and threatens the state's financial situation" Threatens...? This is why it's so important for the non oil sector to get developed and get rocking and rolling so they're not just relying on oil.
1-5-2024 Intel Guru Bruce [via WiserNow] Now, the bank screens...are going solid rates on front and back screens and are showing on our redemption center screens - on the back screen, solid - but the front screens are still flashing ... Now, what's interesting about that is that the theory is that when those front screens stop blinking and go solid on these rates, that it would be “go time” - that we would get the green light. So I have a feeling they'll be blinking up until the Treasury says go...
1-5-2024 Intel Guru MarkZ Article quote: “Today Friday the Central Bank of Iraq revealed measures and decisions to support the Dinar...And maintain its strength against other measures and currencies that will possibly affect the exchange rate..." It makes sense to me that they are forcing Iraq citizens out of the US dollars and using the dinar before they revalue…then you have all them benefit from the revaluation. Plus its part of de-dollarization in general and strengthens the dinar. To me this story is absolutely enormous.
1-5-2024 Newshound Guru Kaperoni If and when the Central Bank decides to increase the value of the Iraqi dinar more than likely it will be based on some type of gradual float as a result of the success and growth of Iraq's own economy and an increase in GDP.
1-5-2024 Newshound Guru Sandy Ingram What would it take for the Iraqi dinar to strengthen against the US dollar? The answer lies in economic development and stability. The Development road project...aims to boost Iraq's GDP by improving infrastructure, fostering foreign investment and stimulating economic growth...With the right steps and sustained growth the dinar's narrative can only get stronger.
1-5-2023 Newshound Guru Militia Man The dollar exchange rate will stabilize with the broader launch of the budget...
1-5-2023 Intel/Newshound Gurus MarkZ & Militia Man MarkZ: There is no future for them without an improved exchange rate... Militia Man: If they have a REER (Real Effective Exchange Rate) based on true values…from oil, natural gas, borders, tourism, taxes and tariffs…it’s going to be phenomenal…and that is what they are working on. I think everyone should be excited as we are watching it unfold. We should all have confidence that what we are invested in is coming to fruition. That is my belief…everything is very positive.
1-5-2024 Intel Guru Frank26 We are in the waiting phase. Simply in a waiting phase. That's all. There isn't, this needs to be done, that needs to be done, That T crossed, That I dotted. No. We are in a waiting phase.
1-5-2024 Newshound/Intel Guru Walkingstick All systems for the monetary reform are in place, they're just not linked yet. The uplink is not on yet...Many months ago the CBI told her banks to be prepared to be ready on January 1, 2024 because of all the banking system would be in place before '24...What they're doing right now is they're telling the citizens what they need to hear for the next step of the monetary reform...Once the lower denoms are announced the exchange inside Iraq will move even more quickly. You know how - through a float. Citizens want this movement to occur now. Citizens want their purchasing power.
1-5-2024 Newshound Guru Pimpy 12 to 1 exchange rate. Nobody was speaking about it. I showed an article, their article, not my article, their article saying they were considering the 12 to 1 exchange rate but they would not consider it until...2026. I didn't make it up. I'm just pointing this out in an article...I believe they are going to go up in increments between now and 2026. That's just my opinion.
1-5-2024 Intel Guru Bruce [via WiserNow] ...Iraq has already been doing exchanges at their new rate in the country of Iraq. They were told that on the first...of January, the USD or Fiat dollar is dead. It is no longer usable – it’s gone - they want them to completely transition to the new lower denominations of the Iraqi dinar and those are in the ATMs. They're in banks and in shops in Iraq. They're in the businesses and shops.
1-5-2024 Intel Guru MarkZ [via PDK] Question: We keep hearing that Iraq cannot base the RV on just oil. Other than oil…what did Iraq export under Saddam when the dinar was $ 3.48? MarkZ: Their economy is far more diversified and robust then it was back then when their dinar value was the highest in the world. They used to burn off their natural gas and now it’s a huge commodity. Plus their rare and precious minerals in the ground. And their tourist industry visiting all the historic sites. They are located between some of the largest rivers in the region and used to be the breadbasket of the region. They have far more going for them now then they did when their currency was exponentially higher.
1-5-2024 Newshound Guru Pimpy Article: "Central Bank: Non-oil deficit more than 80% and threatens the state's financial situation" Threatens...? This is why it's so important for the non oil sector to get developed and get rocking and rolling so they're not just relying on oil.
1-5-2024 Intel Guru Bruce [via WiserNow] Now, the bank screens...are going solid rates on front and back screens and are showing on our redemption center screens - on the back screen, solid - but the front screens are still flashing ... Now, what's interesting about that is that the theory is that when those front screens stop blinking and go solid on these rates, that it would be “go time” - that we would get the green light. So I have a feeling they'll be blinking up until the Treasury says go...
1-5-2024 Intel Guru MarkZ Article quote: “Today Friday the Central Bank of Iraq revealed measures and decisions to support the Dinar...And maintain its strength against other measures and currencies that will possibly affect the exchange rate..." It makes sense to me that they are forcing Iraq citizens out of the US dollars and using the dinar before they revalue…then you have all them benefit from the revaluation. Plus its part of de-dollarization in general and strengthens the dinar. To me this story is absolutely enormous.
1-5-2024 Newshound Guru Kaperoni If and when the Central Bank decides to increase the value of the Iraqi dinar more than likely it will be based on some type of gradual float as a result of the success and growth of Iraq's own economy and an increase in GDP.
1-5-2024 Newshound Guru Sandy Ingram What would it take for the Iraqi dinar to strengthen against the US dollar? The answer lies in economic development and stability. The Development road project...aims to boost Iraq's GDP by improving infrastructure, fostering foreign investment and stimulating economic growth...With the right steps and sustained growth the dinar's narrative can only get stronger.
1-5-2023 Newshound Guru Militia Man The dollar exchange rate will stabilize with the broader launch of the budget...
1-5-2023 Intel/Newshound Gurus MarkZ & Militia Man MarkZ: There is no future for them without an improved exchange rate... Militia Man: If they have a REER (Real Effective Exchange Rate) based on true values…from oil, natural gas, borders, tourism, taxes and tariffs…it’s going to be phenomenal…and that is what they are working on. I think everyone should be excited as we are watching it unfold. We should all have confidence that what we are invested in is coming to fruition. That is my belief…everything is very positive.
1-5-2024 Intel Guru Frank26 We are in the waiting phase. Simply in a waiting phase. That's all. There isn't, this needs to be done, that needs to be done, That T crossed, That I dotted. No. We are in a waiting phase.
1-5-2024 Newshound/Intel Guru Walkingstick All systems for the monetary reform are in place, they're just not linked yet. The uplink is not on yet...Many months ago the CBI told her banks to be prepared to be ready on January 1, 2024 because of all the banking system would be in place before '24...What they're doing right now is they're telling the citizens what they need to hear for the next step of the monetary reform...Once the lower denoms are announced the exchange inside Iraq will move even more quickly. You know how - through a float. Citizens want this movement to occur now. Citizens want their purchasing power.
1-5-2024 Newshound Guru Pimpy 12 to 1 exchange rate. Nobody was speaking about it. I showed an article, their article, not my article, their article saying they were considering the 12 to 1 exchange rate but they would not consider it until...2026. I didn't make it up. I'm just pointing this out in an article...I believe they are going to go up in increments between now and 2026. That's just my opinion.
1-5-2024 Intel Guru Bruce [via WiserNow] ...Iraq has already been doing exchanges at their new rate in the country of Iraq. They were told that on the first...of January, the USD or Fiat dollar is dead. It is no longer usable – it’s gone - they want them to completely transition to the new lower denominations of the Iraqi dinar and those are in the ATMs. They're in banks and in shops in Iraq. They're in the businesses and shops.
1-5-2024 Intel Guru MarkZ [via PDK] Question: We keep hearing that Iraq cannot base the RV on just oil. Other than oil…what did Iraq export under Saddam when the dinar was $ 3.48? MarkZ: Their economy is far more diversified and robust then it was back then when their dinar value was the highest in the world. They used to burn off their natural gas and now it’s a huge commodity. Plus their rare and precious minerals in the ground. And their tourist industry visiting all the historic sites. They are located between some of the largest rivers in the region and used to be the breadbasket of the region. They have far more going for them now then they did when their currency was exponentially higher.
1-4-2024 Newshound Guru Pimpy Community Comment: "The Iraqi people that live in Iraq can't exchange, only people abroad." Here's what would happen. We would change our dinars for the new rate but the people in Iraq would have a much much stronger purchasing power.
1-4-2024 Intel Guru Frank26 Question: "When the rate is changed IYO will the Iraqi citizens be exchanging their 3-zero notes in country before the rate is on Forex?" Iraqi citizens don't care about Forex. You care about Forex. Because that's one of the vehicles/platforms that's going to float the currency and go up in value internationally. But inside a dinar is a dinar. Whatever the rate is that they establish, it could be $0.10, it could be a $1.00...that is what they will use inside of their country not outside.
1-4-2024 Guru Nader From The Mid East Many people sending me things, things about 2026. I don't think they're going to wait till 2026. I don't think whoever explained you this, he read it wrong...If it start to float it's going to go quick. We just need to float it...If they did like they said and took off the dollar from the market, from the streets, things going to go quick...I agree with them that it's going to go up gradually but it's not going to take two or three years to reach 1 to 1...
1-4-2024 Intel Guru Angel1 Another way they can do it is when they do exchange their bigs for their smalls, they can add value at that point. So it's not just the re-denomination but it's also a reinstatement at the same time. Then by IMF law they have 72 hours in which they must show it internationally. If they do a re-denomination with no value change then they can keep that in country for a little bit longer than the 72 hours. [Post 2 of 2]
1-4-2024 Intel Guru Angel1 Here's one way they can do it. They can do what's called a re-denomination... You got 3-zeros and then you've got a re-denomination which is another set of currency which is what many call the smalls. You've got a 25,000 note and then you've got a 25 note...The key...a re-denomination occurs when there is an exchange in currency but there is no value change. No value change - that is what a re-denomination is [LOP]. What can happen is you get the larges, you exchange them for smalls, they're given a certain time frame, say 10 to 20 days and in that 10 to 20 days they change prices in their markets...and then sometime between 10-20 days they jump on Forex and it goes International...That is one way they can do it... [Post 1 of 2....stay tuned]
1-4-2024 Newshound Guru Sandy Ingram The Iraqi dinar is not on the Forex market, yet. The Iraqi dinar is an exotic currency, as is the Vietnam dong... Currencies are traded in pairs on the Forex Market. The 3 main types... majors, minors and exotics...The more liquid an asset the easier and more efficient it is to turn it back into cash. Major currency pairs have the highest trading volume... Exotic currencies...are not traded that often. There is little technical analysis or data available to support trading decisions for exotic currencies...
1-4-2024 Intel Guru MarkZ [via PDK] ...a number of banking contacts keep saying to “stay calm- it’s coming”...I feel fantastic about where we are. Iraq says it is pushing forward with its economic reforms this month…Let’s see what happens in January.
1-4-2024 Newshound/Intel Guru Walkingstick The closer we get to this monetary reform, much more will be revealed...So much is already being revealed and put in print but as we get closer you will see so much more.
1-4-2024 Newshound Guru Pimpy Question: "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?" Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros. Pay attention to the wording. It doesn't say anything at all about the exchange rate. It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note. Nothing about the rate. The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...
1-4-2024 Intel Guru Frank26 Question: "The war is likely escalating in the Middle East. When Iran gets involved will this negatively affect the rate? the float?" IMO the war is affecting more the relationships between counties in the Middle East...As far as it affecting the monetary reform of the Iraqi dinar that's in a sealed envelope...figuratively speaking. It has nothing to do with the war. Once that envelope is opened, it would definitely/probably have some cause and effect on the float, in the basket. Because what countries are in those baskets? Yeah, the ones that might be affected but I don't think it'd be affected in a negative way. War has a tendency to (snap) speed things up.
1-4-2023 Intel/Newshound Gurus MarkZ & Militia Man Question: What happens if they just print new notes and the dinar we hold are not good anymore? MarkZ: That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though. Militia Man: We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions. Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.
1-4-2024 Intel Guru Frank26 Question: "When the rate is changed IYO will the Iraqi citizens be exchanging their 3-zero notes in country before the rate is on Forex?" Iraqi citizens don't care about Forex. You care about Forex. Because that's one of the vehicles/platforms that's going to float the currency and go up in value internationally. But inside a dinar is a dinar. Whatever the rate is that they establish, it could be $0.10, it could be a $1.00...that is what they will use inside of their country not outside.
1-4-2024 Guru Nader From The Mid East Many people sending me things, things about 2026. I don't think they're going to wait till 2026. I don't think whoever explained you this, he read it wrong...If it start to float it's going to go quick. We just need to float it...If they did like they said and took off the dollar from the market, from the streets, things going to go quick...I agree with them that it's going to go up gradually but it's not going to take two or three years to reach 1 to 1...
1-4-2024 Intel Guru Angel1 Another way they can do it is when they do exchange their bigs for their smalls, they can add value at that point. So it's not just the re-denomination but it's also a reinstatement at the same time. Then by IMF law they have 72 hours in which they must show it internationally. If they do a re-denomination with no value change then they can keep that in country for a little bit longer than the 72 hours. [Post 2 of 2]
1-4-2024 Intel Guru Angel1 Here's one way they can do it. They can do what's called a re-denomination... You got 3-zeros and then you've got a re-denomination which is another set of currency which is what many call the smalls. You've got a 25,000 note and then you've got a 25 note...The key...a re-denomination occurs when there is an exchange in currency but there is no value change. No value change - that is what a re-denomination is [LOP]. What can happen is you get the larges, you exchange them for smalls, they're given a certain time frame, say 10 to 20 days and in that 10 to 20 days they change prices in their markets...and then sometime between 10-20 days they jump on Forex and it goes International...That is one way they can do it... [Post 1 of 2....stay tuned]
1-4-2024 Newshound Guru Sandy Ingram The Iraqi dinar is not on the Forex market, yet. The Iraqi dinar is an exotic currency, as is the Vietnam dong... Currencies are traded in pairs on the Forex Market. The 3 main types... majors, minors and exotics...The more liquid an asset the easier and more efficient it is to turn it back into cash. Major currency pairs have the highest trading volume... Exotic currencies...are not traded that often. There is little technical analysis or data available to support trading decisions for exotic currencies...
1-4-2024 Intel Guru MarkZ [via PDK] ...a number of banking contacts keep saying to “stay calm- it’s coming”...I feel fantastic about where we are. Iraq says it is pushing forward with its economic reforms this month…Let’s see what happens in January.
1-4-2024 Newshound/Intel Guru Walkingstick The closer we get to this monetary reform, much more will be revealed...So much is already being revealed and put in print but as we get closer you will see so much more.
1-4-2024 Newshound Guru Pimpy Question: "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?" Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros. Pay attention to the wording. It doesn't say anything at all about the exchange rate. It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note. Nothing about the rate. The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...
1-4-2024 Intel Guru Frank26 Question: "The war is likely escalating in the Middle East. When Iran gets involved will this negatively affect the rate? the float?" IMO the war is affecting more the relationships between counties in the Middle East...As far as it affecting the monetary reform of the Iraqi dinar that's in a sealed envelope...figuratively speaking. It has nothing to do with the war. Once that envelope is opened, it would definitely/probably have some cause and effect on the float, in the basket. Because what countries are in those baskets? Yeah, the ones that might be affected but I don't think it'd be affected in a negative way. War has a tendency to (snap) speed things up.
1-4-2023 Intel/Newshound Gurus MarkZ & Militia Man Question: What happens if they just print new notes and the dinar we hold are not good anymore? MarkZ: That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though. Militia Man: We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions. Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.
1-3-2024 Intel Guru Bruce [via WiserNow] I got a call that said the...US Treasury was going to send out an email to all banks and redemption centers ...when we talk to people like the southeastern regional manager of Wells Fargo and certain other people they say everything is done...everything's done. We don't know why it hasn't happened. And when you get that from your top banking sources, that you really haven't heard what that email was - it tends to make us believe - Yes, we're super close, but we still don't know exactly when it's gonna go...
1-3-2024 Newshound Guru Pimpy I think you're going to start seeing the dinar go up in increments. That's just my opinion and my feelings. As they continue to get their ducks in a row. Let's hope this happens...
1-3-2024 Newshound/Intel Guru Walkingstick [Iraqi banks] are having a stampede of people going in because of the understanding of the monetary reform education. Direct deposit accounts were opened for the citizens that didn't have any accounts...they opened up about 1 million...and they're not done yet...These bank accounts are extremely important for the monetary reform...These accounts are for payments that will be made to the citizens...salaries given to the citizens, for any retirement salaries given...for HCL payments...What they are doing is extremely important for the monetary reform process...
1-3-2024 Newshound Guru Breitling Question: "Why do the [Iraqi] citizens want to keep using the dinar when the value is so low?" Not everybody has access to the US dollar for one thing. #2 It's artificially low. A lot of Iraqi's know this. They know what's going on. There's nothing they can do about it. That's one of the things, if you watch the parliamentary elections of Iraq one of the number one campaign promises all these guys make is we're going to add value to the dinar. They know it's artificially low. [They look around and think] we're selling more energy, the price per barrel is more, we have more customers and yet the dinar is [worthless] and we're all running around in poverty.
1-3-2024 Newshound Guru Militia Man I highly recommend people pay attention to what we're talking about because this is not something to take lightly. If you're still on the fence I really think you should...start doing some research...I hate to see anyone miss out on an opportunity...
1-3-2024 Newshound Guru Clare Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling" Quote: "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars."
1-3-2024 Newshound Guru Henig ...The situation with the Iraqi Dinar is no longer limited to a few observers. It is getting world-wide attention...
1-3-2024 Intel Guru Frank26 2023 was the year of preparation for the monetary reform to be revealed. We are now in that position. We are now in the position that the monetary reform is being revealed to the citizens of Iraq. One of the things that is happening, and I pray that it happens faster, is the value of the Iraqi dinar is going up every day causing the dollar to go down...down...down... Once they reach a certain plateau that they're looking for then they're going to float the currency. That's why they've educated the citizens of Iraq about the float...
1-3-2024 Intel Guru MarkZ [via PDK] ...with the government forcing the use of dinar only from now on…they need to have a higher value…or these people who have the green light to come in and start building are not coming…I am being told from my folks on the street over there to watch in the coming days or weeks for the rate of dinar on the prices of goods to change. To me this signals there is going to be a substantial change. And they told us they are going to implement their economic reforms in the month of January. And the exchange rate is a key issue in those.
1-3-2024 Newshound Guru Pimpy Question: "When you say, managed float, if it hits Forex tonight and comes out let's call it $0.22...if that thing shot up to $1.00 in 24 hours are they going to try to restrict it?" There has to be more growth. You would de-stabilize the economy. They're just now getting on their feet. The last thing you want to do is drop some huge exchange rate in their laps because it effects all businesses...there's a lot more involved. I'm not saying it's not going to go up in value. Obviously...I believe that it's gonna go up in value but I'm not a person that supports...we're gonna get a $3.22 rate.
1-3-2023 Newshound/Intel Guru Walkingstick The evidence for the monetary reform was perfectly set up at the start of 2024. If that's the case, what happened? Ka-ka happens. Things happen. It is what it is. What...I'm very very excited about, it's not about rumors..Iran stealing...lies...our government here in the United States of America...Right now what it is, is they are announcing the monetary reform to the Iraqi citizens. There talking about the float and the reason why they're talking about the float IMO is because that's the next phase...
1-3-2024 Newshound/Intel Guru Mnt Goat My CBI contact tells me they do need it closer and stable and when it does, they will trigger another CBI official rate revaluation. But this will still be the program rate not what we want. We need to keep our eyes on the CBI “official” rate. When this rate drops again, I was told they will move ahead on the project to delete the zeros. They want to accomplish this in the month of January and are optimistic they can. So, this is the very good news for today to kick off the new year. [Post 2 of 2]
1-3-2024 Newshound/Intel Guru Mnt Goat ...2023 was an outstanding year for progress in the currency monetary reforms in Iraq. I could hardly believe that so much was done in such a short period of time, if you compare the other 20 years since the 2003 invasion. In today’s news we read multiple articles talking about all this progress and how they have so far managed to get the parallel rate from 160,000 to 145,000. This is very close to the official CBI rate of 132,000, but not yet there as they expected. My CBI contact is telling me they still want to bring it closer and more stable...It’s all very good signs but now there yet. [Post 1 of 2....stay tuned]
1-3-2024 Intel Guru MarkZ [via PDK] ...I have ZERO doubt that we are going to reset and the Iraqi dinar, Vietnamese dong, and others are going to do exceptionally well…It’s all in our history.
1-3-2024 Newshound Guru Pimpy I think you're going to start seeing the dinar go up in increments. That's just my opinion and my feelings. As they continue to get their ducks in a row. Let's hope this happens...
1-3-2024 Newshound/Intel Guru Walkingstick [Iraqi banks] are having a stampede of people going in because of the understanding of the monetary reform education. Direct deposit accounts were opened for the citizens that didn't have any accounts...they opened up about 1 million...and they're not done yet...These bank accounts are extremely important for the monetary reform...These accounts are for payments that will be made to the citizens...salaries given to the citizens, for any retirement salaries given...for HCL payments...What they are doing is extremely important for the monetary reform process...
1-3-2024 Newshound Guru Breitling Question: "Why do the [Iraqi] citizens want to keep using the dinar when the value is so low?" Not everybody has access to the US dollar for one thing. #2 It's artificially low. A lot of Iraqi's know this. They know what's going on. There's nothing they can do about it. That's one of the things, if you watch the parliamentary elections of Iraq one of the number one campaign promises all these guys make is we're going to add value to the dinar. They know it's artificially low. [They look around and think] we're selling more energy, the price per barrel is more, we have more customers and yet the dinar is [worthless] and we're all running around in poverty.
1-3-2024 Newshound Guru Militia Man I highly recommend people pay attention to what we're talking about because this is not something to take lightly. If you're still on the fence I really think you should...start doing some research...I hate to see anyone miss out on an opportunity...
1-3-2024 Newshound Guru Clare Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling" Quote: "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars."
1-3-2024 Newshound Guru Henig ...The situation with the Iraqi Dinar is no longer limited to a few observers. It is getting world-wide attention...
1-3-2024 Intel Guru Frank26 2023 was the year of preparation for the monetary reform to be revealed. We are now in that position. We are now in the position that the monetary reform is being revealed to the citizens of Iraq. One of the things that is happening, and I pray that it happens faster, is the value of the Iraqi dinar is going up every day causing the dollar to go down...down...down... Once they reach a certain plateau that they're looking for then they're going to float the currency. That's why they've educated the citizens of Iraq about the float...
1-3-2024 Intel Guru MarkZ [via PDK] ...with the government forcing the use of dinar only from now on…they need to have a higher value…or these people who have the green light to come in and start building are not coming…I am being told from my folks on the street over there to watch in the coming days or weeks for the rate of dinar on the prices of goods to change. To me this signals there is going to be a substantial change. And they told us they are going to implement their economic reforms in the month of January. And the exchange rate is a key issue in those.
1-3-2024 Newshound Guru Pimpy Question: "When you say, managed float, if it hits Forex tonight and comes out let's call it $0.22...if that thing shot up to $1.00 in 24 hours are they going to try to restrict it?" There has to be more growth. You would de-stabilize the economy. They're just now getting on their feet. The last thing you want to do is drop some huge exchange rate in their laps because it effects all businesses...there's a lot more involved. I'm not saying it's not going to go up in value. Obviously...I believe that it's gonna go up in value but I'm not a person that supports...we're gonna get a $3.22 rate.
1-3-2023 Newshound/Intel Guru Walkingstick The evidence for the monetary reform was perfectly set up at the start of 2024. If that's the case, what happened? Ka-ka happens. Things happen. It is what it is. What...I'm very very excited about, it's not about rumors..Iran stealing...lies...our government here in the United States of America...Right now what it is, is they are announcing the monetary reform to the Iraqi citizens. There talking about the float and the reason why they're talking about the float IMO is because that's the next phase...
1-3-2024 Newshound/Intel Guru Mnt Goat My CBI contact tells me they do need it closer and stable and when it does, they will trigger another CBI official rate revaluation. But this will still be the program rate not what we want. We need to keep our eyes on the CBI “official” rate. When this rate drops again, I was told they will move ahead on the project to delete the zeros. They want to accomplish this in the month of January and are optimistic they can. So, this is the very good news for today to kick off the new year. [Post 2 of 2]
1-3-2024 Newshound/Intel Guru Mnt Goat ...2023 was an outstanding year for progress in the currency monetary reforms in Iraq. I could hardly believe that so much was done in such a short period of time, if you compare the other 20 years since the 2003 invasion. In today’s news we read multiple articles talking about all this progress and how they have so far managed to get the parallel rate from 160,000 to 145,000. This is very close to the official CBI rate of 132,000, but not yet there as they expected. My CBI contact is telling me they still want to bring it closer and more stable...It’s all very good signs but now there yet. [Post 1 of 2....stay tuned]
1-3-2024 Intel Guru MarkZ [via PDK] ...I have ZERO doubt that we are going to reset and the Iraqi dinar, Vietnamese dong, and others are going to do exceptionally well…It’s all in our history.
1-2-2024 Intel Guru Frank26 Question: "...Some of the banks I called said they're going to send them to another bank and inspect them and then bring them back?" What happens if the Brink truck as it's driving to the the other bank gets robbed? 'We will replace the dinar.' No you won't. You'll replace the value, which is ka-ka right now. Don't ever lose site of your dinars. I told you take pictures. You just need pictures of the front of your dinar not necessarily the back. The front has the batch number and the serial numbers. That's what's important.
1-2-2024 Newshound Guru Pimpy Question: "What's the difference between a dirty float and a managed float?" You have a fixed rate like we have now... where they come out and say you get 1320 dinar for a dollar, fixed. Then you have two types of floats...Free Float - that means a market determines the value no ifs, ands, or buts. The market determines the value. That's a free float. A managed float is the same as a dirty float. That means the Central Bank of Iraq will watch what happens in the free market, like Forex, but if it goes too far in one direction...then they intervene. They'll do something to control the exchange rate to keep it from getting out of whack.
1-2-2024 Intel Guru MarkZ [via PDK] It’s a painful nothing burger this evening with RV news…I ran into a brick wall everywhere I go this evening. I do not know if this is good/bad…but it is only Jan.2nd.and this is the first work day of the new year.
1-2-2024 Guru Nader From The Mid East Question: "Is the rate and the [lower] currency gonna come out together?" I think yes. This is why I think yes. First, because they cannot change an exchange rate with a big numbers [rate] and Second, they cannot change a [lower] currency with the small exchange rate...If you change, you've gotta change both. If you take the 3-zeros from the currency, you're gonna have to take the 3-zeros out of the exchange rate in the same time. That's what I think.
1-2-2024 Newshound Guru Sandy Ingram People have been asking, 'Why is the Iraqi dinar one rate in Iraq and a different rate online...?' There are two major reasons for the different rates. 1. The Iraqi government imposes strict currency controls to limit the flow of dinars out of the country. This creates a dual exchange rate system: Official rate - fixed rate imposed by the Central Bank of Iraq...Market Rate - Freely fluctuating rate is used for private transactions and most imports... 2. The IQD is not widely traded internationally ...Limited demand for dinars outside Iraq weakens its value on
the international market. But...they are now saying speculation about a potential revaluation of the Iraqi dinar sometimes influences online prices... Speculation investors, that's us. We are causing fluctuations in the currency value...
1-2-2024 Newshound/Intel Guru Walkingstick They didn't print new coins. The old coins they had are still good. That might be one of the reasons why IMO they're going to incorporate it along with the lower denoms at the same time...They have not manufactured any new coins. The CBI is going to use the old coins. Those coins are sitting in the CBI vault...You can throw away fiat. You can throw away paper, the 3-zero notes, but it would be dumb to throw away precious medals. It doesn't have Saddam on it...Coins don't.
1-2-2024 Intel Guru Frank26 I told you IMO they would go one more major move. I think that's where they're going. Look where they're at. Look where they're going. When they get to 1000 to 1, talk about the perfect scenario to lift the 3-zeros...But remember there's a good chance we're not going to see the 1000 to 1.
1-2-2024 Newshound Guru Militia Man The United States Treasury, the US Federal Reserve Bank, the Bank of International Settlements, World Trade Organization, the EU, many different entities have been working with Iraq to get her to go to an international standard. The stage is set for Iraq to be international...Everybody should know that and it's not just a simple Dinar Guru situation, it's actually the largest financial entities in the world are the ones that are giving us this information. I hope you take that to heart and pay attention to it.
1-2-2024 Newshound Guru Pimpy What is that exchange rate? 12 Iraqi dinars for every $1.00. I think I have 4 million dinars. Divide by 12...that means I have $333,5000. That's what I get when I change in my Iraqi dinar 12 to 1...Take the number of dinars you have, divide by 12 and that's what you will get back. According to this article that's not going to happen until 2026. Could something happen to expedite that? Of course it could. But they're saying here 2026 is when they expect to review whether or not they change it to the 12/1 rule. My view is this is their wall. [Note: Use the Dinar Guru Calculator to determine how much money you could have. Link is at the very top of this page.] [Post 2 of 2]
1-2-2024 Newshound Guru Pimpy Here's the thing that everybody is missing. Article: "Government adviser announces entry into force of 2024 budget" Quote: "...the exchange rule 12/1 does not currently exist under the Financial Management Law No. 6 of 2019, as amended until the beginning of 2026." What is Iraq's exchange rule 12/1? ...The 12/1 rule refers to the rate at which the Iraqi dinar is exchanged with the US dollar. 12 Iraqi dinars for every 1 US dollar...Over time the 12/1 rule has been revised several times...1160...in 2003...1170...in 2006...It looks to me like they're trying to say the exchange rate will change in the beginning of 2026. [Post 1 of 2...stay tuned]
1-2-2024 Intel Guru Frank26 The monetary reform is successful. All they need to do now is give them the new exchange rate and the new currency that they've been talking to them about. It's successful. That's why everybody's signing contracts left and right and pouring into Iraq...You honestly think the contracts are being signed at a program rate? Of course not...
1-2-2024 Intel Guru RayRen98 3-LETTER GUYS ARE INFORMING THAT THE "ISSUE" STOPPING THE RV HAS BEEN RESOLVED...
1-2-2024 Intel Guru yada The removal of the dollar will increase the value of the dinar from the reissued rate and none of the international contracts would be worth anything if the rate was not adjusted. We are in the midst of seeing that now... Understanding where Iraq came from, what they had to do go get back to international standard, and watching it come to pass as needed is key to confidence we are about see it transpire.
1-2-2024 Newshound Guru Pimpy Question: "What's the difference between a dirty float and a managed float?" You have a fixed rate like we have now... where they come out and say you get 1320 dinar for a dollar, fixed. Then you have two types of floats...Free Float - that means a market determines the value no ifs, ands, or buts. The market determines the value. That's a free float. A managed float is the same as a dirty float. That means the Central Bank of Iraq will watch what happens in the free market, like Forex, but if it goes too far in one direction...then they intervene. They'll do something to control the exchange rate to keep it from getting out of whack.
1-2-2024 Intel Guru MarkZ [via PDK] It’s a painful nothing burger this evening with RV news…I ran into a brick wall everywhere I go this evening. I do not know if this is good/bad…but it is only Jan.2nd.and this is the first work day of the new year.
1-2-2024 Guru Nader From The Mid East Question: "Is the rate and the [lower] currency gonna come out together?" I think yes. This is why I think yes. First, because they cannot change an exchange rate with a big numbers [rate] and Second, they cannot change a [lower] currency with the small exchange rate...If you change, you've gotta change both. If you take the 3-zeros from the currency, you're gonna have to take the 3-zeros out of the exchange rate in the same time. That's what I think.
1-2-2024 Newshound Guru Sandy Ingram People have been asking, 'Why is the Iraqi dinar one rate in Iraq and a different rate online...?' There are two major reasons for the different rates. 1. The Iraqi government imposes strict currency controls to limit the flow of dinars out of the country. This creates a dual exchange rate system: Official rate - fixed rate imposed by the Central Bank of Iraq...Market Rate - Freely fluctuating rate is used for private transactions and most imports... 2. The IQD is not widely traded internationally ...Limited demand for dinars outside Iraq weakens its value on
the international market. But...they are now saying speculation about a potential revaluation of the Iraqi dinar sometimes influences online prices... Speculation investors, that's us. We are causing fluctuations in the currency value...
1-2-2024 Newshound/Intel Guru Walkingstick They didn't print new coins. The old coins they had are still good. That might be one of the reasons why IMO they're going to incorporate it along with the lower denoms at the same time...They have not manufactured any new coins. The CBI is going to use the old coins. Those coins are sitting in the CBI vault...You can throw away fiat. You can throw away paper, the 3-zero notes, but it would be dumb to throw away precious medals. It doesn't have Saddam on it...Coins don't.
1-2-2024 Intel Guru Frank26 I told you IMO they would go one more major move. I think that's where they're going. Look where they're at. Look where they're going. When they get to 1000 to 1, talk about the perfect scenario to lift the 3-zeros...But remember there's a good chance we're not going to see the 1000 to 1.
1-2-2024 Newshound Guru Militia Man The United States Treasury, the US Federal Reserve Bank, the Bank of International Settlements, World Trade Organization, the EU, many different entities have been working with Iraq to get her to go to an international standard. The stage is set for Iraq to be international...Everybody should know that and it's not just a simple Dinar Guru situation, it's actually the largest financial entities in the world are the ones that are giving us this information. I hope you take that to heart and pay attention to it.
1-2-2024 Newshound Guru Pimpy What is that exchange rate? 12 Iraqi dinars for every $1.00. I think I have 4 million dinars. Divide by 12...that means I have $333,5000. That's what I get when I change in my Iraqi dinar 12 to 1...Take the number of dinars you have, divide by 12 and that's what you will get back. According to this article that's not going to happen until 2026. Could something happen to expedite that? Of course it could. But they're saying here 2026 is when they expect to review whether or not they change it to the 12/1 rule. My view is this is their wall. [Note: Use the Dinar Guru Calculator to determine how much money you could have. Link is at the very top of this page.] [Post 2 of 2]
1-2-2024 Newshound Guru Pimpy Here's the thing that everybody is missing. Article: "Government adviser announces entry into force of 2024 budget" Quote: "...the exchange rule 12/1 does not currently exist under the Financial Management Law No. 6 of 2019, as amended until the beginning of 2026." What is Iraq's exchange rule 12/1? ...The 12/1 rule refers to the rate at which the Iraqi dinar is exchanged with the US dollar. 12 Iraqi dinars for every 1 US dollar...Over time the 12/1 rule has been revised several times...1160...in 2003...1170...in 2006...It looks to me like they're trying to say the exchange rate will change in the beginning of 2026. [Post 1 of 2...stay tuned]
1-2-2024 Intel Guru Frank26 The monetary reform is successful. All they need to do now is give them the new exchange rate and the new currency that they've been talking to them about. It's successful. That's why everybody's signing contracts left and right and pouring into Iraq...You honestly think the contracts are being signed at a program rate? Of course not...
1-2-2024 Intel Guru RayRen98 3-LETTER GUYS ARE INFORMING THAT THE "ISSUE" STOPPING THE RV HAS BEEN RESOLVED...
1-2-2024 Intel Guru yada The removal of the dollar will increase the value of the dinar from the reissued rate and none of the international contracts would be worth anything if the rate was not adjusted. We are in the midst of seeing that now... Understanding where Iraq came from, what they had to do go get back to international standard, and watching it come to pass as needed is key to confidence we are about see it transpire.
1-1-2024 Intel Guru Frank26 The next step IMO is the new exchange rate and the introduction of the lower denoms to your hands to you Iraqi citizens. Not to the world because the world will never use the lower denoms only you inside of your country [Iraq] will use them...This thing can pop at any moment and the baby is crowning.
1-1-2024 Newshound Guru Pimpy Community comment: "They can change the rate anytime they want..." They can change it anytime they want. They have the ability to do that. The reason why you do it at the beginning of the year is because then you have the whole entire year you need to plan for. If. They're going to make any changes to the budget it's definitely going to be around the first of the year...
1-1-2024 Guru Nader From The Mid East Happy New Year, best wishes and all that stuff...A lot of people are sending me messages going like do you see any changes? ...I don't know why you're asking me that. What you guys heard? Who told you anything? Some people wrote me tonight at midnight the currency will be launched. Some people said their new rate will come out tonight at midnight ...I didn't see anything like that. They didn't say they're going to change the rate tonight. They didn't say they're coming out with currency tonight... They'll never tell you they're coming out with it...I'm not expecting anything tonight...
1-1-2024 Newshound Guru Militia Man All of this is coming together. There's no reason for any pessimism or snide remarks for anybody around in dinarland... There's shouldn't be any doubt anymore that this is a real process and it's underway...
1-1-2024 Intel Guru MarkZ [via PDK] A lot of banking contacts are thinking we will see solid movement by the second…today on the first is a holiday and they are consolidating and moving things together…meaning possible announcements...There is a lot of fantastic chatter on what is going to. happen in the next 24 hours or so….
1-1-2024 Intel Guru Frank26 Question: "Is there a chance de-dollariztion could be delayed...and they keep using the dollar? No, no, no no no...You can't change the speed of light.
1-1-2024 Newshound/Intel Guru Walkingstick By mid-January 2024 the CBI is giving a time frame where the IQD CBI exchange rate will be one in the same as the market rate. That's all that matters. Let's see what that rate is by mid-January. The black market rate will be no longer...that shows great control of the CBI official exchange rate for their currency...
1-1-2024 Newshound Guru Clare Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual " Quote: "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."
1-1-2024 Newshound Guru Pimpy Article: "The central Bank determines the entities covered by obtaining their remittances in dollars starting Tuesday" As we all know...Iraq decided to de-dollarize. They're no longer going to use the dollar. Quote: "Central Bank of Iraq specified the parties covered by obtaining their foreign transfers and cash and dollar currency starting from January 2nd..." They are definitely going to drastically reduce the use of the US dollar.
1-1-2024 Intel Guru Frank26 Question: "What would be the punishment for using the dollar after the 1st?" First time a big fine. If you continue, a bigger fine and the third one, jail.
1-1-2024 Intel Guru Goldilocks Banking Announcement of the CBI in Iraq: In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar. This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries.
1-1-2024 Intel Guru MarkZ [via PDK] Comment: I was in a Chase bank last week and noticed an entrance for private banking services. In the bank I noticed cubicles and training ongoing. MarkZ: Clearly they are preparing.
1-1-2024 Newshound Guru Pimpy Community comment: "They can change the rate anytime they want..." They can change it anytime they want. They have the ability to do that. The reason why you do it at the beginning of the year is because then you have the whole entire year you need to plan for. If. They're going to make any changes to the budget it's definitely going to be around the first of the year...
1-1-2024 Guru Nader From The Mid East Happy New Year, best wishes and all that stuff...A lot of people are sending me messages going like do you see any changes? ...I don't know why you're asking me that. What you guys heard? Who told you anything? Some people wrote me tonight at midnight the currency will be launched. Some people said their new rate will come out tonight at midnight ...I didn't see anything like that. They didn't say they're going to change the rate tonight. They didn't say they're coming out with currency tonight... They'll never tell you they're coming out with it...I'm not expecting anything tonight...
1-1-2024 Newshound Guru Militia Man All of this is coming together. There's no reason for any pessimism or snide remarks for anybody around in dinarland... There's shouldn't be any doubt anymore that this is a real process and it's underway...
1-1-2024 Intel Guru MarkZ [via PDK] A lot of banking contacts are thinking we will see solid movement by the second…today on the first is a holiday and they are consolidating and moving things together…meaning possible announcements...There is a lot of fantastic chatter on what is going to. happen in the next 24 hours or so….
1-1-2024 Intel Guru Frank26 Question: "Is there a chance de-dollariztion could be delayed...and they keep using the dollar? No, no, no no no...You can't change the speed of light.
1-1-2024 Newshound/Intel Guru Walkingstick By mid-January 2024 the CBI is giving a time frame where the IQD CBI exchange rate will be one in the same as the market rate. That's all that matters. Let's see what that rate is by mid-January. The black market rate will be no longer...that shows great control of the CBI official exchange rate for their currency...
1-1-2024 Newshound Guru Clare Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual " Quote: "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."
1-1-2024 Newshound Guru Pimpy Article: "The central Bank determines the entities covered by obtaining their remittances in dollars starting Tuesday" As we all know...Iraq decided to de-dollarize. They're no longer going to use the dollar. Quote: "Central Bank of Iraq specified the parties covered by obtaining their foreign transfers and cash and dollar currency starting from January 2nd..." They are definitely going to drastically reduce the use of the US dollar.
1-1-2024 Intel Guru Frank26 Question: "What would be the punishment for using the dollar after the 1st?" First time a big fine. If you continue, a bigger fine and the third one, jail.
1-1-2024 Intel Guru Goldilocks Banking Announcement of the CBI in Iraq: In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar. This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries.
1-1-2024 Intel Guru MarkZ [via PDK] Comment: I was in a Chase bank last week and noticed an entrance for private banking services. In the bank I noticed cubicles and training ongoing. MarkZ: Clearly they are preparing.
12-31-2023 Intel Guru Frank26 Do we hold them or do we fold them? We have a lot to consider...
12-31-2023 Newshound Guru Pimpy Article "Iraq is ranked 4th in the list of the most dynamic countries with foreign investment" quote "Iraq ranked 4th among 10 countries with the growth of foreign investment momentum until 2024 with a growth rate in expanse of more than 370% from 2021 until the end of 2023 according to a report by the Foreign Direct Investment (FDI) website." This is really good for Iraq.
12-31-2023 Newshound/Intel Guru Walkingstick The goal to de-dollarize has been the goal all along of the monetary reform - to remove the American dollar from Iraq's banking structure. The fact that we are there is exciting.
12-31-2023 Guest Guru DataSteward A few minutes ago it turned midnight in IQD land, Jan 1, 2024 and the website still shows 1310.000 USD. Hope it changes soon.
12-31-2023 Newshound Guru Militia Man Iraq is going to be interconnecting with international countries and they're going to be doing it by International standards and guess what they're not going to be doing that with a 1310 program, or I call it, a punishment rate...
12-31-2023 Intel Guru Frank26 It's still at 1310...Right now. Don't you understand [the dinar] is being put into a position to change the rate? It's that simple. It's not complicated. It's that simple at this simple step...That's what you're seeing. That's what you're witnessing.
12-31-2023 Intel Guru Angel1 People are asking are they international? Are they gonna go international? ...They have two currencies trading in dinar...pegged to the dinar...They are already operating internationally in a controlled environment...It's not going to shock the market when they go on Forex and peg to six different currencies. They're already doing that now. The roll out has already begun. The markets are already accepting them. The markets are warming up for them to go on Forex officially. They are already doing what we want them to do on a small controlled scale...They've proven that they can do it.
12-31-2023 Guru Nader From The Mid East I hope it gets 1 to 1. I'd be happy with that...Let's see what's going on with the budget and the elimination of the dollar. Let's wait for the best and expect the best.
12-31-2023 Newshound Guru Pimpy Looks like Iraq has put their ducks in a row. They're getting ready to start the new year of 2024 doing exactly what they said they were going to do - stop using the US dollar, making sure the Iraqi dinar is stable before they do that.
12-31-2023 Intel Guru Frank26 Question: "Is Iraq going forward with only dinars as of January 1st?" Yes and that is the key...the next 24 hours is a very important key to see if they use it to unlock the monetary reform....If the Iraqi citizens have absolutely no other currency but the dinar to use in their country...how are they going to do it with a 3-zero note that has almost no value to it?
12-31-2023 Intel Guru MarkZ [via PDK] Question: Do you still expect all currencies to go at the same time? MarkZ: Yes…I still it expect it to all go at once.
12-31-2023 Intel Guru sheila IMHO... We wait for ISX to open Tuesday... Then Tuesday evening Iraq said they will pay salaries out of budget? Hoping these are clues to going from program rate to international market rate.
12-31-2023 Newshound Guru Pimpy Article "Iraq is ranked 4th in the list of the most dynamic countries with foreign investment" quote "Iraq ranked 4th among 10 countries with the growth of foreign investment momentum until 2024 with a growth rate in expanse of more than 370% from 2021 until the end of 2023 according to a report by the Foreign Direct Investment (FDI) website." This is really good for Iraq.
12-31-2023 Newshound/Intel Guru Walkingstick The goal to de-dollarize has been the goal all along of the monetary reform - to remove the American dollar from Iraq's banking structure. The fact that we are there is exciting.
12-31-2023 Guest Guru DataSteward A few minutes ago it turned midnight in IQD land, Jan 1, 2024 and the website still shows 1310.000 USD. Hope it changes soon.
12-31-2023 Newshound Guru Militia Man Iraq is going to be interconnecting with international countries and they're going to be doing it by International standards and guess what they're not going to be doing that with a 1310 program, or I call it, a punishment rate...
12-31-2023 Intel Guru Frank26 It's still at 1310...Right now. Don't you understand [the dinar] is being put into a position to change the rate? It's that simple. It's not complicated. It's that simple at this simple step...That's what you're seeing. That's what you're witnessing.
12-31-2023 Intel Guru Angel1 People are asking are they international? Are they gonna go international? ...They have two currencies trading in dinar...pegged to the dinar...They are already operating internationally in a controlled environment...It's not going to shock the market when they go on Forex and peg to six different currencies. They're already doing that now. The roll out has already begun. The markets are already accepting them. The markets are warming up for them to go on Forex officially. They are already doing what we want them to do on a small controlled scale...They've proven that they can do it.
12-31-2023 Guru Nader From The Mid East I hope it gets 1 to 1. I'd be happy with that...Let's see what's going on with the budget and the elimination of the dollar. Let's wait for the best and expect the best.
12-31-2023 Newshound Guru Pimpy Looks like Iraq has put their ducks in a row. They're getting ready to start the new year of 2024 doing exactly what they said they were going to do - stop using the US dollar, making sure the Iraqi dinar is stable before they do that.
12-31-2023 Intel Guru Frank26 Question: "Is Iraq going forward with only dinars as of January 1st?" Yes and that is the key...the next 24 hours is a very important key to see if they use it to unlock the monetary reform....If the Iraqi citizens have absolutely no other currency but the dinar to use in their country...how are they going to do it with a 3-zero note that has almost no value to it?
12-31-2023 Intel Guru MarkZ [via PDK] Question: Do you still expect all currencies to go at the same time? MarkZ: Yes…I still it expect it to all go at once.
12-31-2023 Intel Guru sheila IMHO... We wait for ISX to open Tuesday... Then Tuesday evening Iraq said they will pay salaries out of budget? Hoping these are clues to going from program rate to international market rate.
12-30-2023 Newshound Guru Pimpy Community comment "Pimpy last month said he believed the dinar will revalue in 3 years so I stopped listening..." I didn't say it was going to revalue in 3 years. I said it's going to go up in increments over three years. Big difference.
12-30-2023 Intel Guru Frank26 Question "Do you think we will be limited to the exchange time?" ...They will give you the time frame. I'm hoping...they never stop. Now, Iraq will stop. They will eventually cancel their 3-zero notes but you'll be told way in advance. My only sadness is I hope they don't say you you got 3 months to exchange. I would love to see the float go into 6 months or a year...If we are stopped then the float is of no value to us any longer...
12-30-2023 Newshound Guru Kaperoni I hope each and every one of you find success in this investment...It may take time. It may be another 1 to 5 years. I certainly hope not but I believe things could happen quickly over the next 36 to 48 months. It all depends on Iraq.
12-30-2023 Guru Nader From The Mid East Don't worry about the budget. The budget has nothing to do with nothing. Has stuff to do with making the economy stronger and all that stuff but has nothing to do with the rates...
12-30-2023 Newshound Guru Pimpy You guys keep forgetting they rely way way too much on oil revenues for their budget. That has got to change before you can really make any major changes to the Iraqi dinar exchange rate...
12-30-2023 Intel Guru MarkZ [via PDK] Everything still appears to be on track with a tremendous amount of anticipation for the next few days... There is a big push now to get the US military out of Iraq immediately. “Iraq’s PM says government working to end presence of US led coalition forces in the country” Donald Trump once said that that when they reduced the numbers they would not completely leave the country until we have been paid for the war effort. So what does that tell us? They are trying to get us out in “the next coming days” which means the RV needs to happen…as I understand it. This could be an indicator of how close we are. Iraq is also indicating the problems with the parallel or black market selling the dollar would be done by the first. Buckle up for this week…We may not make it by the first…but I believe it will be very close to it.
12-30-2023 Newshound/Intel Guru Walkingstick 1310 is actually a really good rate right now because it's good to keep control of the IQD exchange rate. By keeping it at 1310 until they're ready to pull the trigger, there's no profiteering. There's no reason to steal a dinar. As the CBI maintains the exchange rate value of the IQD it is affecting the rate of the USD verses IQD...The CBI is controlling the dinar...
12-30-2023 Newshound Guru Militia Man The facts are in the pudding. Anybody that says it's never going to happen has not done any study...When people do that I think it's reckless and I don't think they've done their research properly...
12-30-2023 Intel Guru Frank26 This is not an RV like a lot of silly people say. This is a reinstatement. It's about the numbers of the reinstatement. They are talking about the fils...It's blowing my mind all the things they're telling you...We have landed on the shore of monetary reform. IMO because they are telling you so much in such a concentrated amount of time it's because they are in a hurry as January the 1st approaches us...
12-30-2023 Newshound Guru Pimpy Article: "Parliament is awaiting the 2024 budget schedules...preparing for major changes in numbers" Remember I told you if they're going to make any kind of change to the exchange rate it would happen at the end of the year or before the beginning of this next year 2024. The reason for that is businesses in Iraq have to prepare their budgets...based on what the government in Iraq does...The fact that they're saying they need to reconsider the total revenues and expenditures for the year make me wonder what it is they have up their sleeve. There's no guarantees that's what's going to happen but if they are going to make a change to the exchange rate this would be the time to do it.
12-30-2023 Newshound/Intel Guru Mnt Goat ...we can see what is slowly happening is that Iraq is moving back to a normalcy of their financial system an international normalcy. It takes much more than just putting in place the banking reforms, the means and the mechanisms to do it as we have witnessed over the past years. But now they are actually doing it. It may be slow but remember they are still under the strong arm of the US Treasury on this matter too and are working very closely with them at their pace. In many ways this is good as we want the US to support this process when it comes time to give the “green light”. This is why so many visits by the US Treasury to Iraq.
12-30-2023 Intel Guru MarkZ [via PDK] Question: What do you think the dong rate will be? MarkZ: I am still looking at $2 or $2.25…but my bank contacts think this is low. They think it may be as high as the $3+ range.
12-30-2023 Intel Guru Frank26 Question "Do you think we will be limited to the exchange time?" ...They will give you the time frame. I'm hoping...they never stop. Now, Iraq will stop. They will eventually cancel their 3-zero notes but you'll be told way in advance. My only sadness is I hope they don't say you you got 3 months to exchange. I would love to see the float go into 6 months or a year...If we are stopped then the float is of no value to us any longer...
12-30-2023 Newshound Guru Kaperoni I hope each and every one of you find success in this investment...It may take time. It may be another 1 to 5 years. I certainly hope not but I believe things could happen quickly over the next 36 to 48 months. It all depends on Iraq.
12-30-2023 Guru Nader From The Mid East Don't worry about the budget. The budget has nothing to do with nothing. Has stuff to do with making the economy stronger and all that stuff but has nothing to do with the rates...
12-30-2023 Newshound Guru Pimpy You guys keep forgetting they rely way way too much on oil revenues for their budget. That has got to change before you can really make any major changes to the Iraqi dinar exchange rate...
12-30-2023 Intel Guru MarkZ [via PDK] Everything still appears to be on track with a tremendous amount of anticipation for the next few days... There is a big push now to get the US military out of Iraq immediately. “Iraq’s PM says government working to end presence of US led coalition forces in the country” Donald Trump once said that that when they reduced the numbers they would not completely leave the country until we have been paid for the war effort. So what does that tell us? They are trying to get us out in “the next coming days” which means the RV needs to happen…as I understand it. This could be an indicator of how close we are. Iraq is also indicating the problems with the parallel or black market selling the dollar would be done by the first. Buckle up for this week…We may not make it by the first…but I believe it will be very close to it.
12-30-2023 Newshound/Intel Guru Walkingstick 1310 is actually a really good rate right now because it's good to keep control of the IQD exchange rate. By keeping it at 1310 until they're ready to pull the trigger, there's no profiteering. There's no reason to steal a dinar. As the CBI maintains the exchange rate value of the IQD it is affecting the rate of the USD verses IQD...The CBI is controlling the dinar...
12-30-2023 Newshound Guru Militia Man The facts are in the pudding. Anybody that says it's never going to happen has not done any study...When people do that I think it's reckless and I don't think they've done their research properly...
12-30-2023 Intel Guru Frank26 This is not an RV like a lot of silly people say. This is a reinstatement. It's about the numbers of the reinstatement. They are talking about the fils...It's blowing my mind all the things they're telling you...We have landed on the shore of monetary reform. IMO because they are telling you so much in such a concentrated amount of time it's because they are in a hurry as January the 1st approaches us...
12-30-2023 Newshound Guru Pimpy Article: "Parliament is awaiting the 2024 budget schedules...preparing for major changes in numbers" Remember I told you if they're going to make any kind of change to the exchange rate it would happen at the end of the year or before the beginning of this next year 2024. The reason for that is businesses in Iraq have to prepare their budgets...based on what the government in Iraq does...The fact that they're saying they need to reconsider the total revenues and expenditures for the year make me wonder what it is they have up their sleeve. There's no guarantees that's what's going to happen but if they are going to make a change to the exchange rate this would be the time to do it.
12-30-2023 Newshound/Intel Guru Mnt Goat ...we can see what is slowly happening is that Iraq is moving back to a normalcy of their financial system an international normalcy. It takes much more than just putting in place the banking reforms, the means and the mechanisms to do it as we have witnessed over the past years. But now they are actually doing it. It may be slow but remember they are still under the strong arm of the US Treasury on this matter too and are working very closely with them at their pace. In many ways this is good as we want the US to support this process when it comes time to give the “green light”. This is why so many visits by the US Treasury to Iraq.
12-30-2023 Intel Guru MarkZ [via PDK] Question: What do you think the dong rate will be? MarkZ: I am still looking at $2 or $2.25…but my bank contacts think this is low. They think it may be as high as the $3+ range.
12-29-2023 Intel Guru Frank26 Don't ever let go of your sight of your dinars until you know you've been credited. Don't let them [bank, redemption center, exchange house etc] send them anywhere else.
12-29-2023 Newshound Guru Militia Man There's more to the story...It's not their job to tell you specifically we're going to do this, this, this and that tomorrow. They're not going to do that. But we're going to watch and see...
12-29-2023 Newshound/Intel Guru Walkingstick Question: "Where is the new exchange rate?" You don't see it yet but they are telling you directly what you are about to see. They are in the process of making the new exchange rate public...This is the monetary reform education at its best. They are telling the Iraqi citizens while you investors listen.
12-29-2023 Newshound Guru Pimpy There's no float. It's fixed 1320 for every dollar. Once it ends up on Forex then you'll see a float. Most likely it will be a managed float where if it starts to get crazy one way or the other then the government will intervene and control the rate...
12-29-2023 Newshound Guru Sandy Ingram In January 2024 foreign currencies will no longer be allowed inside Iraq and any violations will be criminalized. The Iraqi dinar will be used for all transitions.
12-29-2023 Intel Guru Angel1 They have met all international banking standards. That was something the US Treasury walked them through...That was a massive deal. Shortly there after the UST signed off on their part. Shortly after the UST signed off on their part they met with the IMF...On the IMF report is this, they approved the pass through from the exchange rate revaluation. In other words they approved for them to go international and allowed them to let it go and the markets will determine what the exchange rate is...We're looking really really good.
12-29-2023 Intel Guru Bruce [via WiserNow] ...We have sources from the redemption center that we heard from ...That said...they are ready for us...This same redemption center leader is saying there's a strong possibility that...we could start exchanging on the 30th which would be Saturday... But...other two intel sources which are both very strong are talking about the first and second of January... This is one of those we got to wait and see what happens...we are pretty, pretty much assured starting Monday, and go on Tuesday for our exchanges...
12-29-2023 Newshound Guru Militia Man Anybody that's not thinking this is ever going to happen, it has absolutely been in track. The UN is having what they called...the fast track...Nobody's going to take the Iraqi dinar seriously at 1310...The UN assembly...talked about how Iraq's going to be a savior for the global financial system. If they're going to be such a savior...how is it that 1310 hasn't worked so far?
12-29-2023 Intel Guru Frank26 IMO the monetary reform will mature...They are trying their best to help you understand they are about to give you [Iraqi citizens] your monetary reform in the coming days. I don't care what rate it comes out at just release the tiger...
12-29-2023 Guru Nader From The Mid East They're doing great. I can't wait for January to see what's next week to see what's gonna happen. I mean I can't wait, like the day get longer when you want to know, when you want to see what's happening there, the days got longer and longer. I wish to see what's the first step...
12-29-2023 Intel Guru MarkZ [via PDK] Well there is plenty of expectation for this weekend...things are highly possible by the first.
12-29-2023 Newshound/Intel Guru Walkingstick The blackmarket rate verse the official rate is off by only 10%. They have made great strides with the monetary reform. It has been accomplished. It is done. It is in position to be freed up.
12-29-2023 Newshound Guru Pimpy As we close out this year Iraq continues to take steps in a positive direction. Let's hope this continues. You guys keep asking about a rate change at the beginning of this year. If they're going to do it it's going to be done now, not later. I'm not saying it's going to. I'm just saying if it's going to be done, it's going to be done now so they can re-change all the budgets for the years. I don't think it's going to happen but we'll see what happens from here.
12-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Financial expert on TV saying there will be changes to the value to the Iraqi dinar after the new year. FRANK: The CBI, without any fear, without pulling any punches back, they flat out tell you the beginning for next year your currency will have value added to it. Of course, because you won't be able to use any other currency in your country. Therefore the sanctioned, punished program, used toilet paper rate of your 3-zero notes is going away...You are about to be a powerful linchpin in the financial theater of this world. Iraq is about to change as quickly as darkness turns into light. Get ready, you are about to walk with elegance and grace once again.
12-29-2023 Intel Guru MarkZ [via PDK] I asked him if I opened an account today would it help with the process, and would this branch be where I would be exchanging? He said “Yes and No” Yes I could bring in my currencies here…but they would have to send them to a branch in a different city to verify the currencies are legitimate. I asked if I could just drive to that branch and redeem it myself there and he said “Absolutely” and that way you do not have to let your currency out of your sight. So what I call a redeeming bank or redemption center- are locations like that one that are set up to verify and exchange it right there in front of you with trained personnel. RC’s are banking facilities specifically set up with specially trained staff to verify your currency in front of you so you do not have to let it out of your sight. [Post 2 of 2]
12-29-2023 Intel Guru MarkZ [via PDK] ...bank story...I am going to leave out the name of the bank so they do not get harassed.: “I went to my nearest ____ bank in California on Mon 12-18 to talk about the possibility of opening an account with them. I told the account rep I had a lot of foreign currency and have been reading that ______ bank was one of the banks doing deals in Iraq and were going to be one of the participating banks when the RV (Re-valuation) happened. I asked if that was accurate? The account rep lowered his voice a bit, smiled at me and said “Yes, they are going to be one of the participating banks when it happens but I would need to have an account in order to redeem” [Post 1 of 2....stay tuned]
12-29-2023 Newshound Guru Militia Man There's more to the story...It's not their job to tell you specifically we're going to do this, this, this and that tomorrow. They're not going to do that. But we're going to watch and see...
12-29-2023 Newshound/Intel Guru Walkingstick Question: "Where is the new exchange rate?" You don't see it yet but they are telling you directly what you are about to see. They are in the process of making the new exchange rate public...This is the monetary reform education at its best. They are telling the Iraqi citizens while you investors listen.
12-29-2023 Newshound Guru Pimpy There's no float. It's fixed 1320 for every dollar. Once it ends up on Forex then you'll see a float. Most likely it will be a managed float where if it starts to get crazy one way or the other then the government will intervene and control the rate...
12-29-2023 Newshound Guru Sandy Ingram In January 2024 foreign currencies will no longer be allowed inside Iraq and any violations will be criminalized. The Iraqi dinar will be used for all transitions.
12-29-2023 Intel Guru Angel1 They have met all international banking standards. That was something the US Treasury walked them through...That was a massive deal. Shortly there after the UST signed off on their part. Shortly after the UST signed off on their part they met with the IMF...On the IMF report is this, they approved the pass through from the exchange rate revaluation. In other words they approved for them to go international and allowed them to let it go and the markets will determine what the exchange rate is...We're looking really really good.
12-29-2023 Intel Guru Bruce [via WiserNow] ...We have sources from the redemption center that we heard from ...That said...they are ready for us...This same redemption center leader is saying there's a strong possibility that...we could start exchanging on the 30th which would be Saturday... But...other two intel sources which are both very strong are talking about the first and second of January... This is one of those we got to wait and see what happens...we are pretty, pretty much assured starting Monday, and go on Tuesday for our exchanges...
12-29-2023 Newshound Guru Militia Man Anybody that's not thinking this is ever going to happen, it has absolutely been in track. The UN is having what they called...the fast track...Nobody's going to take the Iraqi dinar seriously at 1310...The UN assembly...talked about how Iraq's going to be a savior for the global financial system. If they're going to be such a savior...how is it that 1310 hasn't worked so far?
12-29-2023 Intel Guru Frank26 IMO the monetary reform will mature...They are trying their best to help you understand they are about to give you [Iraqi citizens] your monetary reform in the coming days. I don't care what rate it comes out at just release the tiger...
12-29-2023 Guru Nader From The Mid East They're doing great. I can't wait for January to see what's next week to see what's gonna happen. I mean I can't wait, like the day get longer when you want to know, when you want to see what's happening there, the days got longer and longer. I wish to see what's the first step...
12-29-2023 Intel Guru MarkZ [via PDK] Well there is plenty of expectation for this weekend...things are highly possible by the first.
12-29-2023 Newshound/Intel Guru Walkingstick The blackmarket rate verse the official rate is off by only 10%. They have made great strides with the monetary reform. It has been accomplished. It is done. It is in position to be freed up.
12-29-2023 Newshound Guru Pimpy As we close out this year Iraq continues to take steps in a positive direction. Let's hope this continues. You guys keep asking about a rate change at the beginning of this year. If they're going to do it it's going to be done now, not later. I'm not saying it's going to. I'm just saying if it's going to be done, it's going to be done now so they can re-change all the budgets for the years. I don't think it's going to happen but we'll see what happens from here.
12-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Financial expert on TV saying there will be changes to the value to the Iraqi dinar after the new year. FRANK: The CBI, without any fear, without pulling any punches back, they flat out tell you the beginning for next year your currency will have value added to it. Of course, because you won't be able to use any other currency in your country. Therefore the sanctioned, punished program, used toilet paper rate of your 3-zero notes is going away...You are about to be a powerful linchpin in the financial theater of this world. Iraq is about to change as quickly as darkness turns into light. Get ready, you are about to walk with elegance and grace once again.
12-29-2023 Intel Guru MarkZ [via PDK] I asked him if I opened an account today would it help with the process, and would this branch be where I would be exchanging? He said “Yes and No” Yes I could bring in my currencies here…but they would have to send them to a branch in a different city to verify the currencies are legitimate. I asked if I could just drive to that branch and redeem it myself there and he said “Absolutely” and that way you do not have to let your currency out of your sight. So what I call a redeeming bank or redemption center- are locations like that one that are set up to verify and exchange it right there in front of you with trained personnel. RC’s are banking facilities specifically set up with specially trained staff to verify your currency in front of you so you do not have to let it out of your sight. [Post 2 of 2]
12-29-2023 Intel Guru MarkZ [via PDK] ...bank story...I am going to leave out the name of the bank so they do not get harassed.: “I went to my nearest ____ bank in California on Mon 12-18 to talk about the possibility of opening an account with them. I told the account rep I had a lot of foreign currency and have been reading that ______ bank was one of the banks doing deals in Iraq and were going to be one of the participating banks when the RV (Re-valuation) happened. I asked if that was accurate? The account rep lowered his voice a bit, smiled at me and said “Yes, they are going to be one of the participating banks when it happens but I would need to have an account in order to redeem” [Post 1 of 2....stay tuned]
12-28-2023 Intel Guru Bruce [via WiserNow] ...we had screen rates at the banks. We didn't get the rates at the redemption centers...but we did get the rates at the bank and of all of those currencies that are going up in value - Most of them are in a...Very nice range...Four and seven is where they're going to settle in. Now the dinar is much higher, and even on even on the bank screens, it's much higher and the Dong may be maybe higher.
12-28-2023 Newshound/Intel Guru Walkingstick Remember Iraq is still under the umbrella of the IMF. They may not be under sanctions but they are under the umbrella/protection of the IMF. These were the meetings that were taking place in New York, then Dubai and then in Baghdad. Remember the two things the IMF said - The Iraqi dinar is adding value and they are very undervalued with their exchange rate.
12-28-2023 Newshound Guru Militia Man Iraq is not going to be at a punished rate. They're going to have a real effective exchange rate (REER) coming in the future. That's what our expectations are and that's what the citizens of Iraq's expectations are.
12-28-2023 Intel Guru Pimpy The year is winding down. I would say Iraq did pretty good despite all the BS that's going . We are looking forward to 2024, hopefully with a lot of great news as Iraq continues to move forward to do what's best for the people of Iraq.
12-28-2023 Intel Guru MarkZ [via PDK] There seems to be a lot of fear about redemption centers. What I refer to as redemption centers are participating banking institutions. You can call them what you want. These are banking properties with banking personnel trained to handle foreign currency transaction and verify them on-site instead of sending them off somewhere...
12-28-2023 Intel Guru Angel1 Question: "Do you believe in redemption centers?" I have not been able to confirm that redemption centers exist. But just because I haven't been able to confirm it doesn't mean they don't exist.
12-28-2023 Guru Nader From The Mid East I don't believe in redemption center. I don't believe in that. I believe in banks and exchange offices. I don't believe in redemption centers.
12-28-2023 Newshound Guru Sandy Ingram Why are we seeing reports of a meeting with the IMF in Jordan and a meeting with the Department of the Treasury and the US Federal Reserve in Dubai? ...The meeting with the IMF had to do with the IMF staff team helping the Iraqi authorities reform the banking system...This meeting more than any other tells us Iraq may be preparing to join the global financial network, aka Forex Market...Here's the bottom line. Iraq has never really been on the Forex market. These reports IMPLY Iraq is headed in the direction of international currency inclusion while using its own currency for transactions within th country beginning January 1, 2024.
12-28-2023 Intel Guru MarkZ [via PDK] Question: What does you gut say Mark? MarkZ: My gut feels it will be at the bridge of 2023 to the first of January.
12-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about how Iraq and a basket of currencies will help to reduce the dollar rate. They are already talking about the yuan and rupee... The government is saying we aspire to end the parallel market dollar in the coming days.
12-28-2023 Newshound/Intel Guru Walkingstick They are telling the citizens in the middle of January the IQD exchange rate will finally match the official exchange rate of the CBI. What is the official exchange rate of the CBI high now? 1310. Do you think it will stay at 1310? No. No matter what the CBI exchange rate is in the middle of January the CBI is saying the market rate and the official exchange rate of the CBI will be the same. So it could be an RI rate. Or it could be at 1310...It really doesn't matter what the rate is. As long as they are the same...
12-28-2023 Newshound Guru Militia Man We have been watching some of the most fantastic news articles...We can clearly say we have the confidence Iraq is going to be going international...We see evidence of that in a lot of different ways...They're doing things in a big way...The U.N. is saying Iraq has emerged...
12-28-2023 Newshound Guru Pimpy Iraq has taken the necessary steps to strengthen the Iraqi dinar. We know there's restrictions on the amount of money Iraq is receiving from the US. But doing that has put the pressure on parallel market because they don't have enough dollars to trade...on the black market ...causing companies to have to use the official exchange rate instead of trying to be sneaky on the parallel market. That means they have a stronger Iraqi dinar... Because of that they have more purchasing power... This is why I think as time goes on you're going to see the Iraqi dinar go up in increments.
12-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about Fils and what they will mean to us. FRANK: What are fils? Coins. Because they're coins [REAL metals] and not fiat [paper currency or numbers on a screen] they are pip incremental increases FIREFLY: They're talking about coins they are going to give us along with the lower denoms. They're saying the battle with the dollar is soon coming to an end.
12-28-2023 Newshound/Intel Guru Mnt Goat They are finally getting off the sanctioned use of ONLY US dollars for trade outside Iraq. Yes, they are beginning to act now like they are out of the UN 1991 & 2003 sanctions, that by the way, happened over a year ago. So, yes, it is about time. We all should be jumping for joy and maybe even taking a couple sips (I said just a couple) of that refrigerated champagne… lol.. lol.. lol. Save the rest for what is coming next and that includes going to the bank. [post 2 of 2]
12-28-2023 Newshound/Intel Guru Mnt Goat ...there is always one news article to grab my attention and stands out from the rest...WOW, WOW, WOW news. It says that the purpose of foreign currency in Iraq is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation...Folks this is just what we have been waiting for so long to hear...This is huge news. [Post 1 of 2....stay tuned]
12-28-2023 Intel Guru MarkZ [via PDK] Question: Is the dong still a go at $3-$3.50? MarkZ: I still put it at $2 -$2.25 ish. But I still hear from some folks it may be as high as $3+ range.
12-28-2023 Intel Guru Bruce [via WiserNow] ...we did not get this before Christmas as was the desire. It just didn't happen. And it looks like we should be in a position to get this Any day now... once the Treasury gives the green light to start - then we're underway. That's pretty much where we stand right now.
12-28-2023 Newshound/Intel Guru Walkingstick Remember Iraq is still under the umbrella of the IMF. They may not be under sanctions but they are under the umbrella/protection of the IMF. These were the meetings that were taking place in New York, then Dubai and then in Baghdad. Remember the two things the IMF said - The Iraqi dinar is adding value and they are very undervalued with their exchange rate.
12-28-2023 Newshound Guru Militia Man Iraq is not going to be at a punished rate. They're going to have a real effective exchange rate (REER) coming in the future. That's what our expectations are and that's what the citizens of Iraq's expectations are.
12-28-2023 Intel Guru Pimpy The year is winding down. I would say Iraq did pretty good despite all the BS that's going . We are looking forward to 2024, hopefully with a lot of great news as Iraq continues to move forward to do what's best for the people of Iraq.
12-28-2023 Intel Guru MarkZ [via PDK] There seems to be a lot of fear about redemption centers. What I refer to as redemption centers are participating banking institutions. You can call them what you want. These are banking properties with banking personnel trained to handle foreign currency transaction and verify them on-site instead of sending them off somewhere...
12-28-2023 Intel Guru Angel1 Question: "Do you believe in redemption centers?" I have not been able to confirm that redemption centers exist. But just because I haven't been able to confirm it doesn't mean they don't exist.
12-28-2023 Guru Nader From The Mid East I don't believe in redemption center. I don't believe in that. I believe in banks and exchange offices. I don't believe in redemption centers.
12-28-2023 Newshound Guru Sandy Ingram Why are we seeing reports of a meeting with the IMF in Jordan and a meeting with the Department of the Treasury and the US Federal Reserve in Dubai? ...The meeting with the IMF had to do with the IMF staff team helping the Iraqi authorities reform the banking system...This meeting more than any other tells us Iraq may be preparing to join the global financial network, aka Forex Market...Here's the bottom line. Iraq has never really been on the Forex market. These reports IMPLY Iraq is headed in the direction of international currency inclusion while using its own currency for transactions within th country beginning January 1, 2024.
12-28-2023 Intel Guru MarkZ [via PDK] Question: What does you gut say Mark? MarkZ: My gut feels it will be at the bridge of 2023 to the first of January.
12-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about how Iraq and a basket of currencies will help to reduce the dollar rate. They are already talking about the yuan and rupee... The government is saying we aspire to end the parallel market dollar in the coming days.
12-28-2023 Newshound/Intel Guru Walkingstick They are telling the citizens in the middle of January the IQD exchange rate will finally match the official exchange rate of the CBI. What is the official exchange rate of the CBI high now? 1310. Do you think it will stay at 1310? No. No matter what the CBI exchange rate is in the middle of January the CBI is saying the market rate and the official exchange rate of the CBI will be the same. So it could be an RI rate. Or it could be at 1310...It really doesn't matter what the rate is. As long as they are the same...
12-28-2023 Newshound Guru Militia Man We have been watching some of the most fantastic news articles...We can clearly say we have the confidence Iraq is going to be going international...We see evidence of that in a lot of different ways...They're doing things in a big way...The U.N. is saying Iraq has emerged...
12-28-2023 Newshound Guru Pimpy Iraq has taken the necessary steps to strengthen the Iraqi dinar. We know there's restrictions on the amount of money Iraq is receiving from the US. But doing that has put the pressure on parallel market because they don't have enough dollars to trade...on the black market ...causing companies to have to use the official exchange rate instead of trying to be sneaky on the parallel market. That means they have a stronger Iraqi dinar... Because of that they have more purchasing power... This is why I think as time goes on you're going to see the Iraqi dinar go up in increments.
12-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about Fils and what they will mean to us. FRANK: What are fils? Coins. Because they're coins [REAL metals] and not fiat [paper currency or numbers on a screen] they are pip incremental increases FIREFLY: They're talking about coins they are going to give us along with the lower denoms. They're saying the battle with the dollar is soon coming to an end.
12-28-2023 Newshound/Intel Guru Mnt Goat They are finally getting off the sanctioned use of ONLY US dollars for trade outside Iraq. Yes, they are beginning to act now like they are out of the UN 1991 & 2003 sanctions, that by the way, happened over a year ago. So, yes, it is about time. We all should be jumping for joy and maybe even taking a couple sips (I said just a couple) of that refrigerated champagne… lol.. lol.. lol. Save the rest for what is coming next and that includes going to the bank. [post 2 of 2]
12-28-2023 Newshound/Intel Guru Mnt Goat ...there is always one news article to grab my attention and stands out from the rest...WOW, WOW, WOW news. It says that the purpose of foreign currency in Iraq is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation...Folks this is just what we have been waiting for so long to hear...This is huge news. [Post 1 of 2....stay tuned]
12-28-2023 Intel Guru MarkZ [via PDK] Question: Is the dong still a go at $3-$3.50? MarkZ: I still put it at $2 -$2.25 ish. But I still hear from some folks it may be as high as $3+ range.
12-28-2023 Intel Guru Bruce [via WiserNow] ...we did not get this before Christmas as was the desire. It just didn't happen. And it looks like we should be in a position to get this Any day now... once the Treasury gives the green light to start - then we're underway. That's pretty much where we stand right now.
12-27-2023 Intel Guru MarkZ [via PDK] Have not heard anything negative. Hearing things are still on track.
12-27-2023 Intel Guru Frank26 Question: "Can any country RV their currency whenever they want?" Yeah but they have to go through the IMF. That's what the International Monetary Fund does - they regulate all the banks around the world and allow them to either increase, decrease, print new currency, destroy their currency, change their exchange rate. There is a systematic way of doing it. They're called international banking laws.
12-27-2023 Newshound/Intel Guru Walkingstick The 3-zeros the citizens have right now are soon to be replaced with lower denoms because of the de-dollarizing. The American dollar is public enemy #1 for the monetary reform...So are the 3-zeros. Both the American dollar and the 3-zero are being arrested, collected, removed. Therefore the black market rate will no longer be.
12-27-2023 Intel Guru MarkZ [via PDK] Iraq is working on a “Equal deal” with China Iran and India for trade and imports. This is part of the de-dollarization they plan to finish by Jan 1st.
12-27-2023 Newshound Guru Pimpy We know they are going to do away with using the US dollar the beginning for 2024. Let's see how this effects the Iraqi exchange rate. Like I anticipated this should strengthen the Iraqi dinar in a major way and hopefully soon after that it affect the exchange rate...
12-27-2023 Guru Nader From The Mid East I'm waiting for the first week of January to see what's happening. The 1st of January they will make a decision. They will make a lot of decision next.
12-27-2023 Newshound Guru Sandy Ingram A drone attack on a military base hosting US troops near Erbil in northern Iraq...caused casualties...Iran-backed militants claimed responsibility for the attacks...The attacks occurred on December 25th.
12-27-2023 Newshound Guru Clare Article: "A financial expert points out the reasons for the continuous decline in the dollar exchange rate" Quote: "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."
12-27-2023 Intel Guru Frank26 The black market rate will no longer be...The black market rate is the American dollar. The CBI wants the official rate 1310 to match the dollar rate. That means the currency of Iraq is too low... Slowly we're having a reciprocal effect where the dollar is going down and the dinar is going up...
12-27-2023 Newshound Guru Militia Man Iraq is going to go international. We don't have very long time to wait as far as what they are telling us. If they throw us a curve ball and we find out something different, don't shoot the messenger...I hope you have a Happy New Year and I think we're going to be moving forward with some really positive information.
12-27-2023 Intel Guru MarkZ [via PDK] Question: Do you see any problem with the RV now that they have closed the Red Sea? MarkZ: I don’t see any problems that would negatively affect the RV… I do see some things that would positively affect them. We have talked about shipping...and the fact that Iraq is becoming a hub in the region…using overland, ports and rails. Iraq is a key and very important location. Comment: They are building new shipping routes. MarkZ: Exactly – watch what happens…. It’s getting “crunch“ time.
12-27-2023 Newshound/Intel Guru Walkingstick The whole de-dollarization phase the monetary reform is going through right now is in order to not use the American dollar any longer. This system was meant to be temporary. It was not meant to last 20 years...They have stability and security. These are the 2 factors we've been seeking. They tell you they have it. De-dollarizing is the last part before you introduce a new exchange rate and a new currency into a country...I should say de-foreign-currency-izing...A country should not have many currencies. It causes many problems.
12-27-2023 Newshound Guru Pimpy Article: "Advisor to the Sudanese: We aspire to end of the parallel market for the dollar in the coming days" We know they've been talking about that now for quite some time. Supposedly the beginning of this next year they're going to do away using the US dollar and just start using Iraqi dinar for their transactions. Their goal is to get rid of the parallel market all together...
12-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have a special on TV and they say the Iraqi dinar wins the struggle against the dollar and wins control of the markets... FRANK: The goal of the last few weeks has been to bring the market rate parallel with the dollar rate. Remember the CBI can't touch the dollar value but they can touch the value of your currency of the dinar...They have been victorious of reducing the value of their enemy foreign currency like the American dollar and all foreign currency in your country verses your national currency which is at 1310 right now. But that rate is now in a position to change because of all the success of the monetary reform from the CBI and Sudani. That's all there is to it.
12-27-2023 Intel/Newshound Guru Babysmom WE WILL NOT KNOW WHAT THE RATES ARE UNTIL THE DAY WE GO TO EXCHANGE. THEY WILL BE BASED ON FOREX AND WITH THE DINAR IT WILL BE BASED ON WHAT THE PRICE OF A BARREL OF OIL IS AT THE TIME WE EXCHANGE
12-27-2023 Intel Guru MarkZ [via PDK] “Iraq’s ports emerge as key transit points amidst international shipping route changes” With the unrest in the Red Sea…they have found alternative paths through Iraq using ports, rails and trucks. I think this one is big and solidifies Iraqs position in the international world. They are also shoring up their financial world and Iraq’s position as a trade hub. They are going to need a currency to go with it…especially once the de-dollarize. Question: What does your gut say? MarkZ: That we may be in the last week or the last days of this thing.
12-27-2023 Intel Guru Frank26 Question: "Can any country RV their currency whenever they want?" Yeah but they have to go through the IMF. That's what the International Monetary Fund does - they regulate all the banks around the world and allow them to either increase, decrease, print new currency, destroy their currency, change their exchange rate. There is a systematic way of doing it. They're called international banking laws.
12-27-2023 Newshound/Intel Guru Walkingstick The 3-zeros the citizens have right now are soon to be replaced with lower denoms because of the de-dollarizing. The American dollar is public enemy #1 for the monetary reform...So are the 3-zeros. Both the American dollar and the 3-zero are being arrested, collected, removed. Therefore the black market rate will no longer be.
12-27-2023 Intel Guru MarkZ [via PDK] Iraq is working on a “Equal deal” with China Iran and India for trade and imports. This is part of the de-dollarization they plan to finish by Jan 1st.
12-27-2023 Newshound Guru Pimpy We know they are going to do away with using the US dollar the beginning for 2024. Let's see how this effects the Iraqi exchange rate. Like I anticipated this should strengthen the Iraqi dinar in a major way and hopefully soon after that it affect the exchange rate...
12-27-2023 Guru Nader From The Mid East I'm waiting for the first week of January to see what's happening. The 1st of January they will make a decision. They will make a lot of decision next.
12-27-2023 Newshound Guru Sandy Ingram A drone attack on a military base hosting US troops near Erbil in northern Iraq...caused casualties...Iran-backed militants claimed responsibility for the attacks...The attacks occurred on December 25th.
12-27-2023 Newshound Guru Clare Article: "A financial expert points out the reasons for the continuous decline in the dollar exchange rate" Quote: "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."
12-27-2023 Intel Guru Frank26 The black market rate will no longer be...The black market rate is the American dollar. The CBI wants the official rate 1310 to match the dollar rate. That means the currency of Iraq is too low... Slowly we're having a reciprocal effect where the dollar is going down and the dinar is going up...
12-27-2023 Newshound Guru Militia Man Iraq is going to go international. We don't have very long time to wait as far as what they are telling us. If they throw us a curve ball and we find out something different, don't shoot the messenger...I hope you have a Happy New Year and I think we're going to be moving forward with some really positive information.
12-27-2023 Intel Guru MarkZ [via PDK] Question: Do you see any problem with the RV now that they have closed the Red Sea? MarkZ: I don’t see any problems that would negatively affect the RV… I do see some things that would positively affect them. We have talked about shipping...and the fact that Iraq is becoming a hub in the region…using overland, ports and rails. Iraq is a key and very important location. Comment: They are building new shipping routes. MarkZ: Exactly – watch what happens…. It’s getting “crunch“ time.
12-27-2023 Newshound/Intel Guru Walkingstick The whole de-dollarization phase the monetary reform is going through right now is in order to not use the American dollar any longer. This system was meant to be temporary. It was not meant to last 20 years...They have stability and security. These are the 2 factors we've been seeking. They tell you they have it. De-dollarizing is the last part before you introduce a new exchange rate and a new currency into a country...I should say de-foreign-currency-izing...A country should not have many currencies. It causes many problems.
12-27-2023 Newshound Guru Pimpy Article: "Advisor to the Sudanese: We aspire to end of the parallel market for the dollar in the coming days" We know they've been talking about that now for quite some time. Supposedly the beginning of this next year they're going to do away using the US dollar and just start using Iraqi dinar for their transactions. Their goal is to get rid of the parallel market all together...
12-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have a special on TV and they say the Iraqi dinar wins the struggle against the dollar and wins control of the markets... FRANK: The goal of the last few weeks has been to bring the market rate parallel with the dollar rate. Remember the CBI can't touch the dollar value but they can touch the value of your currency of the dinar...They have been victorious of reducing the value of their enemy foreign currency like the American dollar and all foreign currency in your country verses your national currency which is at 1310 right now. But that rate is now in a position to change because of all the success of the monetary reform from the CBI and Sudani. That's all there is to it.
12-27-2023 Intel/Newshound Guru Babysmom WE WILL NOT KNOW WHAT THE RATES ARE UNTIL THE DAY WE GO TO EXCHANGE. THEY WILL BE BASED ON FOREX AND WITH THE DINAR IT WILL BE BASED ON WHAT THE PRICE OF A BARREL OF OIL IS AT THE TIME WE EXCHANGE
12-27-2023 Intel Guru MarkZ [via PDK] “Iraq’s ports emerge as key transit points amidst international shipping route changes” With the unrest in the Red Sea…they have found alternative paths through Iraq using ports, rails and trucks. I think this one is big and solidifies Iraqs position in the international world. They are also shoring up their financial world and Iraq’s position as a trade hub. They are going to need a currency to go with it…especially once the de-dollarize. Question: What does your gut say? MarkZ: That we may be in the last week or the last days of this thing.
12-26-2023 Intel Guru Frank26 [North West US Bank Story continued] I have my fingers next to my lips. They said, oh it's okay everybody is invested here. FRANK: They got invested and now every time they see you they want to know more. Yeah, this is a small bank. That's why they don't know too much about it. But the fact that you planted a seed with them and you know very well they went and asked questions to the right people in the banking industry. Next thing you know they're waiting. BANK STORY WOMAN: ...They have a lot of branches in 5 or 6 states. They're big but they're not big like Well Fargo or other companies. [Post 2 of 2]
12-26-2023 Intel Guru Frank26 [North West US Bank Story] BANK STORY WOMAN: All the way up until a few months ago, I kept buying dinar from this bank...The VP came into the office and says, 'Hey, we want to know why are you buying all this dinar? Is there something you know that we don't know?' FRANK: Oh, my goodness. BANK STORY WOMAN: I kind of gave them the foundation of it and then before you know it I end up walking into the bank [weeks later] they sort of shouted at me, so have you heard anything? This was in the lobby! I was looking around like oh, my gosh why are they talking so loud? [Post 1 of 2]
12-26-2023 Newshound Guru Militia Man Multi-currency practices are using more than one currency. For instance if you're using the dinar and the dollar, that's multi-currency practice within internal circumstances. That's going to go away.
12-26-2023 Newshound Guru Clare Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market” Quote “The US Treasury continues its cooperation with the Central Bank of Iraq, as many Iraqi banks have now formed relationships with international banks for the first time.”
12-26-2023 Guru Nader From The Mid East I'm not saying the rate is going to change the 1st of January but things going to be stronger, a lot stronger. Once they start using the dinar they're going to be a lot stronger...
12-26-2023 Newshound Guru Pimpy 2014 IQD experienced another devaluation. This time it was due to the decline in oil prices and conflict with ISIS. The currency lost about 15% of its value against the USD. [Later] the CBI implemented a new exchange regime allowing the IQD to float freely against the basket of currencies. This led to further devaluation of the currency with the IQD losing another 10% of its value against the US dollar and then not even a year later to turn around and...increase the value of the Iraqi dinar exchange rate...So yeah at one time the Iraqi dinar was more valuable than the US dollar. Do I think it can get there again? Of course I believe that absolutely but there are hurdles that Iraq has to get over. [Post 3 of 3]
12-26-2023 Newshound Guru Pimpy The funny thing is I would take that right about now because I have about four or five million Iraqi dinars. If it jumped up to $0.31, woo, I'd be happy with that because I'd get over a million dollars back. 1995 the IQD was officially pegged to the US dollar at a fixed rate of 1 IQD for $2.85 USD. 2003 we know the US led an invasion of Iraq...This led to economic instability and currency fluctuations. The Iraqi dinar was devalued to around 1 IQD for $1.30 USD...Got rid of the ones with the faces of Saddam Hussein... 1 new IQD was equivalent to 1,000 old IQDs. In 2012 the central bank...allowed the IQD to float freely. This led to a significant devaluation of the currency with the IQD losing 20% of its value... [Post 2 of 3....stay tuned]
12-26-2023 Newshound Guru Pimpy Iraq has experienced multiple devaluations and revaluations of the currency...From 1988 to currently where we are these are the major events that affected currency. 1988 the IQD as introduced. This was replacing the IQP (Iraqi pound). This was done at a fixed rate of 1 to 1. You could exchange your IQP straight across 1 for 1 for the Iraqi dinar (IQD). 1990 when Bush went to war with Iraq of course the gulf war caused significant devaluation of the IQD. The currency lost about 80% of its value against the US dollar. You could exchange 1 Iraqi dinar for $0.31 cents US. [Post 1 of 3....stay tuned]
12-26-2023 Newshound/Intel Guru Walkingstick At what rate will the IQD go into the [Middle East] basket? I don't know...This is an RI. This is the reinstatement phase. The goal is to reinstate the value that the Iraqi dinar once was proud of...It's a reinstatement to get to the Real Effective Exchange Rate (REER) to a float. The key is to let them get to that number.
12-26-2023 Intel Guru Frank26 The IMF regulates all banks around the world. If a bank wants to come out with a new currency they will talk to the IMF about it...Whatever it might be concerning the financial structure of a country with its banks the IMF has to give the okay...Why? Because you're dealing with every country internationally. Well, Iraq isn't. They're about to! And that's the point...They're about to do what big boys do, what big banks do. The IMF has worked with them...This is the conclusion of those meetings.
12-26-2023 Intel Guru Wolverine (from a member): I live in a very small town and called my local banker at Wells Fargo. I asked the bank manager if the bank was ready for re-evaluation of currency. He said they were all ready and fully trained and when the green light goes on his bank will be able to take any currency in any denomination. He said he was waiting on the green light.
12-26-2023 Intel Guru Frank26 [North West US Bank Story] BANK STORY WOMAN: All the way up until a few months ago, I kept buying dinar from this bank...The VP came into the office and says, 'Hey, we want to know why are you buying all this dinar? Is there something you know that we don't know?' FRANK: Oh, my goodness. BANK STORY WOMAN: I kind of gave them the foundation of it and then before you know it I end up walking into the bank [weeks later] they sort of shouted at me, so have you heard anything? This was in the lobby! I was looking around like oh, my gosh why are they talking so loud? [Post 1 of 2]
12-26-2023 Newshound Guru Militia Man Multi-currency practices are using more than one currency. For instance if you're using the dinar and the dollar, that's multi-currency practice within internal circumstances. That's going to go away.
12-26-2023 Newshound Guru Clare Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market” Quote “The US Treasury continues its cooperation with the Central Bank of Iraq, as many Iraqi banks have now formed relationships with international banks for the first time.”
12-26-2023 Guru Nader From The Mid East I'm not saying the rate is going to change the 1st of January but things going to be stronger, a lot stronger. Once they start using the dinar they're going to be a lot stronger...
12-26-2023 Newshound Guru Pimpy 2014 IQD experienced another devaluation. This time it was due to the decline in oil prices and conflict with ISIS. The currency lost about 15% of its value against the USD. [Later] the CBI implemented a new exchange regime allowing the IQD to float freely against the basket of currencies. This led to further devaluation of the currency with the IQD losing another 10% of its value against the US dollar and then not even a year later to turn around and...increase the value of the Iraqi dinar exchange rate...So yeah at one time the Iraqi dinar was more valuable than the US dollar. Do I think it can get there again? Of course I believe that absolutely but there are hurdles that Iraq has to get over. [Post 3 of 3]
12-26-2023 Newshound Guru Pimpy The funny thing is I would take that right about now because I have about four or five million Iraqi dinars. If it jumped up to $0.31, woo, I'd be happy with that because I'd get over a million dollars back. 1995 the IQD was officially pegged to the US dollar at a fixed rate of 1 IQD for $2.85 USD. 2003 we know the US led an invasion of Iraq...This led to economic instability and currency fluctuations. The Iraqi dinar was devalued to around 1 IQD for $1.30 USD...Got rid of the ones with the faces of Saddam Hussein... 1 new IQD was equivalent to 1,000 old IQDs. In 2012 the central bank...allowed the IQD to float freely. This led to a significant devaluation of the currency with the IQD losing 20% of its value... [Post 2 of 3....stay tuned]
12-26-2023 Newshound Guru Pimpy Iraq has experienced multiple devaluations and revaluations of the currency...From 1988 to currently where we are these are the major events that affected currency. 1988 the IQD as introduced. This was replacing the IQP (Iraqi pound). This was done at a fixed rate of 1 to 1. You could exchange your IQP straight across 1 for 1 for the Iraqi dinar (IQD). 1990 when Bush went to war with Iraq of course the gulf war caused significant devaluation of the IQD. The currency lost about 80% of its value against the US dollar. You could exchange 1 Iraqi dinar for $0.31 cents US. [Post 1 of 3....stay tuned]
12-26-2023 Newshound/Intel Guru Walkingstick At what rate will the IQD go into the [Middle East] basket? I don't know...This is an RI. This is the reinstatement phase. The goal is to reinstate the value that the Iraqi dinar once was proud of...It's a reinstatement to get to the Real Effective Exchange Rate (REER) to a float. The key is to let them get to that number.
12-26-2023 Intel Guru Frank26 The IMF regulates all banks around the world. If a bank wants to come out with a new currency they will talk to the IMF about it...Whatever it might be concerning the financial structure of a country with its banks the IMF has to give the okay...Why? Because you're dealing with every country internationally. Well, Iraq isn't. They're about to! And that's the point...They're about to do what big boys do, what big banks do. The IMF has worked with them...This is the conclusion of those meetings.
12-26-2023 Intel Guru Wolverine (from a member): I live in a very small town and called my local banker at Wells Fargo. I asked the bank manager if the bank was ready for re-evaluation of currency. He said they were all ready and fully trained and when the green light goes on his bank will be able to take any currency in any denomination. He said he was waiting on the green light.
12-25-2023 Intel Guru Frank26 Right now it's an illusion to many banks because they don't know. But the banks that do know, are the ones that are being primed.
12-25-2023 Guru Nader From The Mid East 80% of Iraqi use the dollar. That means when I carry $100 I carry 1390. If I carry 10 $100 which is $1000 I'm carrying 1,460,000. In January, the 80% of people are going to carry 1,460,000 dinars. Do you think really going to carry that? ...Guys like me, I'm not going to go to Iraq and carry 1,460,000. That's a lot of money in my pocket...If they taking off the dollar from the market, they're going to have to match the dollar...They're going to have to come with small category of dinars...100, 20s, 25s, 5s like everybody else.
12-25-2023 Newshound Guru Pimpy You're not going to see new currency come out. Not yet. And you're not going to see them change the exchange rate. Not yet. Remember they put together a 3 year budget...that was calculated using the exchange rate of 1,310 dinars.
12-25-2023 Newshound Guru Militia Man They've met their new international compliance requirements. The banks are facilitating currency movements and international trade going forward. Really this is a very good sign that what we've been dealing with and what we've been waiting for is knocking on the doorsteps. It is really good.
12-25-2023 Newshound/Intel Guru Petra Patterns over the last couple weeks have been nothing but exciting...Their focus has been on tightening up their relationships and activities...with their new partners globally...Now they're reaching out to countries and corresponded banks...which is critical for their currency to do what it needs to do. What we're seeing very clearly is a very focused and direct effort to get them over this finish line and to get them Article VIII compliant...all of these things line up...It's basically done...Now they're ready to go.
12-25-2023 Intel Guru Frank26 You [the bank] are not going to be charging me because I'm going to be depositing my money in your bank...If they say no, go to another bank. You are in control. If you had a million, 4% they want. I don't want to give up $40,000 to nobody. Especially if it's not necessary. It's an insult to be charged to put your money in a bank. It's like a tax upon a tax.
12-25-2023 Intel Guru RayRen98 [via Babysmom] ..."EFFECTIVE 1/1/24 (BUT STARTED ALREADY) DEALERS (USA) CAN ONLY SELL YOU $1,000 WORTH OF DINAR PER 24 HOUR DAY. THAT'S NOT EVEN 1 MILLION DINAR TODAY."
12-25-2023 Newshound/Intel Guru Walkingstick Article: "A government source reveals the Sudanese measures to reduce the dollar to its official price" IT IS BECAUSE THE IQD IS GOING UP IN VALUE AGAINST THE USD...NOT THE OTHER WAY AROUND!
12-25-2023 Intel Guru Frank26 Article: "Media Advisor to the Prime Minister: Our battle with the dollar is almost over" THE SANCTIONED PROGRAM RATE IS ALMOST OVER!
12-25-2023 Guru Nader From The Mid East Article quote: "Salih the financial advisor to the Prime Minister confirmed that the dollar exchange rates in the parallel market began to approach the official price set at 1320 per dollar after recent measures taken by the central bank and the Iraqi government..."
12-25-2023 Newshound Guru Samson Article: "Sudanese Advisor: Dollar prices in Iraqi markets will approach 132 thousand soon"
12-25-2023 Intel Guru RayRen98 [via Babysmom] ..."BANKERS CAN SEE RATES..."NOW" EVEN THOUGH THEY HAVE TO WAIT ON FOREX TO OPEN FOR THIS WEEK...WOOOOO HOOOOOO"
12-25-2023 Guru Nader From The Mid East 80% of Iraqi use the dollar. That means when I carry $100 I carry 1390. If I carry 10 $100 which is $1000 I'm carrying 1,460,000. In January, the 80% of people are going to carry 1,460,000 dinars. Do you think really going to carry that? ...Guys like me, I'm not going to go to Iraq and carry 1,460,000. That's a lot of money in my pocket...If they taking off the dollar from the market, they're going to have to match the dollar...They're going to have to come with small category of dinars...100, 20s, 25s, 5s like everybody else.
12-25-2023 Newshound Guru Pimpy You're not going to see new currency come out. Not yet. And you're not going to see them change the exchange rate. Not yet. Remember they put together a 3 year budget...that was calculated using the exchange rate of 1,310 dinars.
12-25-2023 Newshound Guru Militia Man They've met their new international compliance requirements. The banks are facilitating currency movements and international trade going forward. Really this is a very good sign that what we've been dealing with and what we've been waiting for is knocking on the doorsteps. It is really good.
12-25-2023 Newshound/Intel Guru Petra Patterns over the last couple weeks have been nothing but exciting...Their focus has been on tightening up their relationships and activities...with their new partners globally...Now they're reaching out to countries and corresponded banks...which is critical for their currency to do what it needs to do. What we're seeing very clearly is a very focused and direct effort to get them over this finish line and to get them Article VIII compliant...all of these things line up...It's basically done...Now they're ready to go.
12-25-2023 Intel Guru Frank26 You [the bank] are not going to be charging me because I'm going to be depositing my money in your bank...If they say no, go to another bank. You are in control. If you had a million, 4% they want. I don't want to give up $40,000 to nobody. Especially if it's not necessary. It's an insult to be charged to put your money in a bank. It's like a tax upon a tax.
12-25-2023 Intel Guru RayRen98 [via Babysmom] ..."EFFECTIVE 1/1/24 (BUT STARTED ALREADY) DEALERS (USA) CAN ONLY SELL YOU $1,000 WORTH OF DINAR PER 24 HOUR DAY. THAT'S NOT EVEN 1 MILLION DINAR TODAY."
12-25-2023 Newshound/Intel Guru Walkingstick Article: "A government source reveals the Sudanese measures to reduce the dollar to its official price" IT IS BECAUSE THE IQD IS GOING UP IN VALUE AGAINST THE USD...NOT THE OTHER WAY AROUND!
12-25-2023 Intel Guru Frank26 Article: "Media Advisor to the Prime Minister: Our battle with the dollar is almost over" THE SANCTIONED PROGRAM RATE IS ALMOST OVER!
12-25-2023 Guru Nader From The Mid East Article quote: "Salih the financial advisor to the Prime Minister confirmed that the dollar exchange rates in the parallel market began to approach the official price set at 1320 per dollar after recent measures taken by the central bank and the Iraqi government..."
12-25-2023 Newshound Guru Samson Article: "Sudanese Advisor: Dollar prices in Iraqi markets will approach 132 thousand soon"
12-25-2023 Intel Guru RayRen98 [via Babysmom] ..."BANKERS CAN SEE RATES..."NOW" EVEN THOUGH THEY HAVE TO WAIT ON FOREX TO OPEN FOR THIS WEEK...WOOOOO HOOOOOO"
12-24-2023 Newshound Guru Militia Man Keep positive. Keep upbeat. There's nothing bad as far as I can see at the moment. We'll see. Anything can happen. Anything can change...
12-24-2023 Intel Guru Frank26 The HCL is waiting for what you're waiting for, what the contracts are waiting for, what everybody's waiting for - the new exchange rate. You see the new exchange rate you got the HCL automatically. It has no choice but to come out hand in hand. One feeds the other. But only once can feed the other, not both ways. It's not symbiotic.
12-24-2023 Intel Guru RayRen98 US BANKS HAVE THE RATES, SAID THEY WERE WAITING FOR FOREX TO LOAD BEFORE THEY CAN START ...THEY "THOUGHT" IT WOULD BE AT OPENING ON SUNDAY EVENING, BUT NOT YET. FEDERAL RESERVE IS SENDING ALL STAFF IN TOMORROW NIGHT TO OBSERVE THE "TRANSACTION".
12-24-2023 Newshound Guru Pimpy If they're going to make a change at all it's going to be happening at the end of this month or at the beginning of next month. It's too expensive, too chaotic, not to mention it's very disruptive of the economy because people have to turn around and re-budget everything and that takes time and nobody want to go through that hassle partway through the
year. If it's going to happen it's going to happen between now and the beginning of next month.
12-24-2023 Newshound Guru Samson Article: "Plasschaert: Iraq has an excellent opportunity for rapid progress in its sustainable development" Quote: "the United Nations in Iraq, Jeanine Hennis-Plasschaert, confirmed today, Saturday, that Iraq has an excellent opportunity for rapid progress in its sustainable development...it has emerged..."
12-24-2023 Newshound Guru Sandy Ingram Inflation...political stability... balance of payment...national debt...recession - each of these...categories helps determine the currency rate of any country...We want to wish each of you a happy holiday...
12-24-2023 Intel Guru Frank26 Question: "When we go to exchange is the removal of the 3-zero notes going to affect the value of our dinar?" If you look at the American currency...we actually have a $500...$1,000...$10,000 bill...but after World War II our country become very powerful and we got rid of the 3 zeros just what Iraq is doing but we didn't do it physically. We did it on our exchange rate... Those zero notes are still legal tender...
12-24-2023 Newshound/Intel Guru Walkingstick Have we not been saying to you over and over again look for it in the beginning, in the middle or at the end of a quarter...Iraq is on a fiscal calendar year. January 1st to December the 31st. This is the end of a quarter. It is all about the accounting. It's all about the numbers.
12-24-2023 Newshound Guru Militia Man The chronological order of getting us to where we are today just goes to show you Iraq is opening for international business to the world and they say it. Those are their words. I just bring you guys the news to the best of my ability and I'm stoked you guys are here with me...
12-24-2023 Intel Guru Frank26 [Reno NV Bank Story] FRANK: The reason I share these with you is because the pattern is changing... BANK STORY WOMAN: I called the branch office...of Chase. I could tell I was talking to a lower level employee but I decided to continue with my questioning. I asked, the clerk if they did foreign currency exchange and she said yes, ma'am we do. Then I asked her if the bank would be exchanging the Iraqi dinar and dong...She said not at this time ma'am... FRANK: 'Not at this time'. That is a pinch of hope, no doubt. BANK STORY WOMAN: I asked, do you have any idea when they might be exchanging? She said we never know. Not once did she tell me it was a scam. She was encouraging me. She did say we would have to have an account to exchange.
12-24-2023 Intel Guru MarkZ [via PDK] Comment: Exchanges should not be taxed…but, be prepared. MarkZ: That’s the way I look at it...memo from the US State Dept. directly about Iraq...The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” [NOTE: Always consult with your tax professional at the appropriate time to determine the right tax for your unique circumstances.]
12-24-2023 Intel Guru Frank26 The HCL is waiting for what you're waiting for, what the contracts are waiting for, what everybody's waiting for - the new exchange rate. You see the new exchange rate you got the HCL automatically. It has no choice but to come out hand in hand. One feeds the other. But only once can feed the other, not both ways. It's not symbiotic.
12-24-2023 Intel Guru RayRen98 US BANKS HAVE THE RATES, SAID THEY WERE WAITING FOR FOREX TO LOAD BEFORE THEY CAN START ...THEY "THOUGHT" IT WOULD BE AT OPENING ON SUNDAY EVENING, BUT NOT YET. FEDERAL RESERVE IS SENDING ALL STAFF IN TOMORROW NIGHT TO OBSERVE THE "TRANSACTION".
12-24-2023 Newshound Guru Pimpy If they're going to make a change at all it's going to be happening at the end of this month or at the beginning of next month. It's too expensive, too chaotic, not to mention it's very disruptive of the economy because people have to turn around and re-budget everything and that takes time and nobody want to go through that hassle partway through the
year. If it's going to happen it's going to happen between now and the beginning of next month.
12-24-2023 Newshound Guru Samson Article: "Plasschaert: Iraq has an excellent opportunity for rapid progress in its sustainable development" Quote: "the United Nations in Iraq, Jeanine Hennis-Plasschaert, confirmed today, Saturday, that Iraq has an excellent opportunity for rapid progress in its sustainable development...it has emerged..."
12-24-2023 Newshound Guru Sandy Ingram Inflation...political stability... balance of payment...national debt...recession - each of these...categories helps determine the currency rate of any country...We want to wish each of you a happy holiday...
12-24-2023 Intel Guru Frank26 Question: "When we go to exchange is the removal of the 3-zero notes going to affect the value of our dinar?" If you look at the American currency...we actually have a $500...$1,000...$10,000 bill...but after World War II our country become very powerful and we got rid of the 3 zeros just what Iraq is doing but we didn't do it physically. We did it on our exchange rate... Those zero notes are still legal tender...
12-24-2023 Newshound/Intel Guru Walkingstick Have we not been saying to you over and over again look for it in the beginning, in the middle or at the end of a quarter...Iraq is on a fiscal calendar year. January 1st to December the 31st. This is the end of a quarter. It is all about the accounting. It's all about the numbers.
12-24-2023 Newshound Guru Militia Man The chronological order of getting us to where we are today just goes to show you Iraq is opening for international business to the world and they say it. Those are their words. I just bring you guys the news to the best of my ability and I'm stoked you guys are here with me...
12-24-2023 Intel Guru Frank26 [Reno NV Bank Story] FRANK: The reason I share these with you is because the pattern is changing... BANK STORY WOMAN: I called the branch office...of Chase. I could tell I was talking to a lower level employee but I decided to continue with my questioning. I asked, the clerk if they did foreign currency exchange and she said yes, ma'am we do. Then I asked her if the bank would be exchanging the Iraqi dinar and dong...She said not at this time ma'am... FRANK: 'Not at this time'. That is a pinch of hope, no doubt. BANK STORY WOMAN: I asked, do you have any idea when they might be exchanging? She said we never know. Not once did she tell me it was a scam. She was encouraging me. She did say we would have to have an account to exchange.
12-24-2023 Intel Guru MarkZ [via PDK] Comment: Exchanges should not be taxed…but, be prepared. MarkZ: That’s the way I look at it...memo from the US State Dept. directly about Iraq...The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” [NOTE: Always consult with your tax professional at the appropriate time to determine the right tax for your unique circumstances.]
12-23-2023 Intel Guru Frank26 The dollar is slowly going down in value inside of Iraq. The Iraqi citizens are removing the dollar from their lives whether it be usage in commercial transactions, business, at the markets. By doing that they're using their currency the way they were told to do. That action is causing the dollar to lose ground and the Iraqi dinar to gain ground.
12-23-2023 Newshound Guru Militia Man What I've always said is it makes more sense for Iraq to have a managed float which is effectively a fixed exchange rate...1 to 1 or 2 to 1, 3 to 1, 4 to 1 whatever they decide to do it makes it easier the higher that exchange rate is to defend...Having a...3 years budget keeps it stable...pricing stays stable. Anybody that says it's going to float to from a relatively low range to a high range over time they don't understand. Article quote: "The exchange rate will be fixed especially since it's been fixed in the federal budget law for 3 years says Saleh..." This is coming from the advisor. Don't talk about float. It just doesn't make sense to anybody.
12-23-2023 Newshound Guru Clare Article: "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules" Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”
12-23-2023 Newshound Guru Kaperoni ...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq. And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance.
12-23-2023 Guru Nader From The Mid East That's what's slowing down all this process. It's people still using the dollar in Iraq. Even me, I use the dollar in Iraq. When I was there last week I use a dollar in Iraq. Why? Because it's a lot easier. It's smaller. You don't carry a lot. You carry $500, $600, $700 with you, $1000 max...If I didn't have the dollar and If the dinar for me to carry...it would be a lot in my pockets...
12-23-2023 Intel Guru MarkZ [via PDK] Pretty quiet from Iraq so far today. One of my sources believe the local elections had some effect on our timing and are finishing the ballot counting before they release rates. If hes accurate…the counting should be finished in the next day or so, Possibly as early as today. I have one source in Iraq who believes they will release the rate in Iraq as soon as they finish seating these new electees. Possibly in a day or so or as early as today.
12-23-2023 Newshound Guru Pimpy Remember the goal is to become a cashless society...Just because they're doing away with the US dollar has nothing to do with them changing the Iraqi exchange rate. I did say IMO towards the end of the first quarter, the beginning of the second quarter you might see a bump in the Iraqi dinar exchange rate only because of supply and demand. If they do away with using the US dollar and they start using Iraqi dinar more in country, that's going to strengthen the Iraqi dinar. Plus there's going be a much larger demand for the Iraqi dinar because the dollar won't be around anymore for them to use...
12-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television special is saying we are seeking monetary sovereignty over the dollar. FRANK: Can't get any more straight forward to the point than that can we. When they say the word Monetary they mean money...They want your currency to dominate...They have told you after January 1st you will not be using anything but your sovereign national currency. To me that sounds like a currency that has great pride in being announced to the world. A currency that is about to go up in value. It does not sound like the continued sanctioned, programed rate that has robbed you citizens of your future...
12-23-2023 Newshound Guru Militia Man They said only one currency by the first of this next year and they also said that the taxation will be on the dinar, customs and borders this year. They'll have to educate those citizens effectively though - in the next 10 days. We're going to watch and see how it rolls.
12-23-2023 Newshound Guru Militia Man What I've always said is it makes more sense for Iraq to have a managed float which is effectively a fixed exchange rate...1 to 1 or 2 to 1, 3 to 1, 4 to 1 whatever they decide to do it makes it easier the higher that exchange rate is to defend...Having a...3 years budget keeps it stable...pricing stays stable. Anybody that says it's going to float to from a relatively low range to a high range over time they don't understand. Article quote: "The exchange rate will be fixed especially since it's been fixed in the federal budget law for 3 years says Saleh..." This is coming from the advisor. Don't talk about float. It just doesn't make sense to anybody.
12-23-2023 Newshound Guru Clare Article: "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules" Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”
12-23-2023 Newshound Guru Kaperoni ...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq. And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance.
12-23-2023 Guru Nader From The Mid East That's what's slowing down all this process. It's people still using the dollar in Iraq. Even me, I use the dollar in Iraq. When I was there last week I use a dollar in Iraq. Why? Because it's a lot easier. It's smaller. You don't carry a lot. You carry $500, $600, $700 with you, $1000 max...If I didn't have the dollar and If the dinar for me to carry...it would be a lot in my pockets...
12-23-2023 Intel Guru MarkZ [via PDK] Pretty quiet from Iraq so far today. One of my sources believe the local elections had some effect on our timing and are finishing the ballot counting before they release rates. If hes accurate…the counting should be finished in the next day or so, Possibly as early as today. I have one source in Iraq who believes they will release the rate in Iraq as soon as they finish seating these new electees. Possibly in a day or so or as early as today.
12-23-2023 Newshound Guru Pimpy Remember the goal is to become a cashless society...Just because they're doing away with the US dollar has nothing to do with them changing the Iraqi exchange rate. I did say IMO towards the end of the first quarter, the beginning of the second quarter you might see a bump in the Iraqi dinar exchange rate only because of supply and demand. If they do away with using the US dollar and they start using Iraqi dinar more in country, that's going to strengthen the Iraqi dinar. Plus there's going be a much larger demand for the Iraqi dinar because the dollar won't be around anymore for them to use...
12-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television special is saying we are seeking monetary sovereignty over the dollar. FRANK: Can't get any more straight forward to the point than that can we. When they say the word Monetary they mean money...They want your currency to dominate...They have told you after January 1st you will not be using anything but your sovereign national currency. To me that sounds like a currency that has great pride in being announced to the world. A currency that is about to go up in value. It does not sound like the continued sanctioned, programed rate that has robbed you citizens of your future...
12-23-2023 Newshound Guru Militia Man They said only one currency by the first of this next year and they also said that the taxation will be on the dinar, customs and borders this year. They'll have to educate those citizens effectively though - in the next 10 days. We're going to watch and see how it rolls.
12-22-2023 Intel Guru Bruce [via WiserNow] ...we were told a couple of weeks ago that we are expecting to receive this RV - our blessing - before Christmas and as far as we know, that is still the plan...I will tell you why...there was a conference call...[Thursday] morning...I believe it was with Treasury and with the leaders of the redemption centers. We have over 7000 redemption centers in the US...the outcome of the call was this - there was a 98% chance of us going in before Christmas...Another source when I asked ...Could we be exchanging before Christmas? He did say yes. I believe it is definitely possible.
12-22-2023 Intel Guru Frank26 [Clarifying Franklin Bank Story] The individual said, can I exchange my currency at your bank? Oh, the dinar, yes we will be able to take care of you. Open accounts. Deposit your money in our accounts but you can only take out $5,000 per day in cash. If you want $10, $20, $30, $50,000 in cash we can arrange it but we'll have to order it for you... [He's saying this bank's daily physical cash exchange policy is/will be $5,000 USD cash per day but you can prearrange for more if you'd like.]
12-22-2023 Newshound Guru Clare Article: "Sudanese Advisor: The dollar is declining, prices are stabilizing, and expectations are optimistic" [Note: We want to see the dollar declining in Iraq. This is good for the dinar.]
12-22-2023 Guru Nader From The Mid East The facts are the facts. If they delete the dollar, if they take off the dollar from the markets in Iraq, they're going to have to come out with a small category of dinar. That's it. Why? Because it's too much dinars to carry...I'm not going to carry 150,000 dinars in my pockets. I'm not going to do that. I prefer to have $100 than 150,000.
12-22-2023 Newshound Guru Pimpy With them taking away the US dollar there's some logic to...an increase in Iraqi dinar. Will they? You're not going to see them go 1 for 1... Nothing would make me happier than to be wrong about this. I would love to go, 'Oh, my gosh, everybody was right and I was wrong. Darn.' As I take my dinar down to the bank...It's not that simple. There are a lot of hurdles and...precautions countries have to take before you do anything that outrageous with your exchange rate. The best you can hope for is it goes up in increments...You're not going to see any huge significant change in the Iraqi exchange rate despite the fact they're taking away the US dollar.
12-22-2023 Intel Guru Frank26 The IMF is telling the world that the CBI is about to add value and change the exchange rate. Congratulations. As far as I'm concerned the announcement was just made.
12-22-2023 Newshound Guru Jeff The elections are the linchpin to all their remaining economic steps and movements including the rate change...These elections were a reform step, which is exactly what the rate change has been waiting on throughout this entire year.
12-22-2023 Newshound/Intel Guru Walkingstick They were mopping up excessive liquidity. That's the 3-zeros of the Iraqi dinar and the American dollar. Even the dinar is a liquidity that had to be mopped up to collect the 3-zeros. They have accomplished that enough, now they are collecting the American dollar from their market...
12-22-2023 Intel Guru MarkZ [via PDK] So far this morning - very quiet…no real changes since last night. There is nothing negative…Just no news saying anyone is spending any money yet this morning. Maybe we will get more news throughout the day today.
12-22-2023 Newshound Guru Militia Man Since November of last year they have been working to do what? Get rid of the parallel market. And how are they doing that? They're populating banks with many other currencies. They're doing all those things that are necessary to do what? Be article VIII compliant, to have a single currency, not a dual currency country. They're getting rid of multi-currency practices.
12-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani has statement to us citizens to be on watch for change in the dinar pricing for goods in our market. FRANK: Realize that Sudani is telling you there is a change coming to the exchange rate of your sovereign national currency...He told you to look for it. That is simply amazing. It is part of the monetary reform education that is so loud even the man on the moon can hear it. FIREFLY: Sudani didn't say the amount of the change that will occur, whether it was small or large. He just told us to watch in our markets for the dinar to increase and the plan they had to devour the parallel markets is all but complete. FRANK: [Happy fist pump yes!] How much time is there left!?
12-22-2023 Newshound/Intel Guru RVAlready ...if Iraq wants to pay out the 2023 budget between now and Jan 1, they need to RV their currency.
12-22-2023 Intel Guru Bruce [via WiserNow] The best rates are available only at bonafide redemption centers in the United States for United States citizens. Highest rates are on redemption center screens NOT on the bank screens...I think we're ready for the most part.
12-22-2023 Newshound/Intel Guru Mnt Goat ... We can clearly see that Iraq is moving to the normalization of how to do business with other countries and moving out of the sanctioned way of doing business with the world. They are already doing INTERNATIONAL. It is happening right now...Folks, I can not emphasize enough just how good all this news is today. WOW, WOW WOW!
12-22-2023 Intel Guru Frank26 [Clarifying Franklin Bank Story] The individual said, can I exchange my currency at your bank? Oh, the dinar, yes we will be able to take care of you. Open accounts. Deposit your money in our accounts but you can only take out $5,000 per day in cash. If you want $10, $20, $30, $50,000 in cash we can arrange it but we'll have to order it for you... [He's saying this bank's daily physical cash exchange policy is/will be $5,000 USD cash per day but you can prearrange for more if you'd like.]
12-22-2023 Newshound Guru Clare Article: "Sudanese Advisor: The dollar is declining, prices are stabilizing, and expectations are optimistic" [Note: We want to see the dollar declining in Iraq. This is good for the dinar.]
12-22-2023 Guru Nader From The Mid East The facts are the facts. If they delete the dollar, if they take off the dollar from the markets in Iraq, they're going to have to come out with a small category of dinar. That's it. Why? Because it's too much dinars to carry...I'm not going to carry 150,000 dinars in my pockets. I'm not going to do that. I prefer to have $100 than 150,000.
12-22-2023 Newshound Guru Pimpy With them taking away the US dollar there's some logic to...an increase in Iraqi dinar. Will they? You're not going to see them go 1 for 1... Nothing would make me happier than to be wrong about this. I would love to go, 'Oh, my gosh, everybody was right and I was wrong. Darn.' As I take my dinar down to the bank...It's not that simple. There are a lot of hurdles and...precautions countries have to take before you do anything that outrageous with your exchange rate. The best you can hope for is it goes up in increments...You're not going to see any huge significant change in the Iraqi exchange rate despite the fact they're taking away the US dollar.
12-22-2023 Intel Guru Frank26 The IMF is telling the world that the CBI is about to add value and change the exchange rate. Congratulations. As far as I'm concerned the announcement was just made.
12-22-2023 Newshound Guru Jeff The elections are the linchpin to all their remaining economic steps and movements including the rate change...These elections were a reform step, which is exactly what the rate change has been waiting on throughout this entire year.
12-22-2023 Newshound/Intel Guru Walkingstick They were mopping up excessive liquidity. That's the 3-zeros of the Iraqi dinar and the American dollar. Even the dinar is a liquidity that had to be mopped up to collect the 3-zeros. They have accomplished that enough, now they are collecting the American dollar from their market...
12-22-2023 Intel Guru MarkZ [via PDK] So far this morning - very quiet…no real changes since last night. There is nothing negative…Just no news saying anyone is spending any money yet this morning. Maybe we will get more news throughout the day today.
12-22-2023 Newshound Guru Militia Man Since November of last year they have been working to do what? Get rid of the parallel market. And how are they doing that? They're populating banks with many other currencies. They're doing all those things that are necessary to do what? Be article VIII compliant, to have a single currency, not a dual currency country. They're getting rid of multi-currency practices.
12-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani has statement to us citizens to be on watch for change in the dinar pricing for goods in our market. FRANK: Realize that Sudani is telling you there is a change coming to the exchange rate of your sovereign national currency...He told you to look for it. That is simply amazing. It is part of the monetary reform education that is so loud even the man on the moon can hear it. FIREFLY: Sudani didn't say the amount of the change that will occur, whether it was small or large. He just told us to watch in our markets for the dinar to increase and the plan they had to devour the parallel markets is all but complete. FRANK: [Happy fist pump yes!] How much time is there left!?
12-22-2023 Newshound/Intel Guru RVAlready ...if Iraq wants to pay out the 2023 budget between now and Jan 1, they need to RV their currency.
12-22-2023 Intel Guru Bruce [via WiserNow] The best rates are available only at bonafide redemption centers in the United States for United States citizens. Highest rates are on redemption center screens NOT on the bank screens...I think we're ready for the most part.
12-22-2023 Newshound/Intel Guru Mnt Goat ... We can clearly see that Iraq is moving to the normalization of how to do business with other countries and moving out of the sanctioned way of doing business with the world. They are already doing INTERNATIONAL. It is happening right now...Folks, I can not emphasize enough just how good all this news is today. WOW, WOW WOW!
12-21-2023 Newshound Guru Pimpy Article: "Launch of the third annual scientific conference on economic challenges and reform in Iraq" This part is very interesting to me. Quote: "Restructuring the general budget" Why would they have to restructure the general budget unless there's about to be some changes made. I don't want to get all crazy and make assumptions that it has something to do with the change in the exchange rate but I find this very interesting. Like I said, if they're going to ever change the exchange rate they usually do it at the end of the year or the beginning of the year so everybody could do what? Restructure their budgets for the year...I do find this interesting...my ears are perking...what do you got going on over there Iraq?
12-21-2023 Intel Guru Frank26 [Bank Story] BANK STORY WOMAN: I just spoke to a representative of the company for whom I purchased my currency. I asked, when the reinstatement occurs what happens from your end? She said when the revaluation occurs...we will be notified by the United States Treasury. We will then notify all of our customers. FRANK: I find that interesting, so this bank is saying they have the addresses and phone numbers of the people they sold dinars to. Like I told you, they're going to come after you. They want you badly. BANK STORY WOMAN: I was struck by the fact that she spoke of the RI as a matter of fact which will occur. She did not deny it. FRANK: Like I've been saying to you sister, it's not a secret.
12-21-2023 Intel Guru MarkZ [via PDK] Comment: Iraq may be spending 80% of their 2023 budget to flood its citizens with dinar right before the RV. MarkZ: That makes a lot of sense. There was a lot of backlash in Kuwait because they did not do something similar. A lot of Kuwait people were caught without having Kuwait dinar because they were using US dollars.
12-21-2023 Newshound Guru Militia Man People need to know what they own. I feel what we're presenting to everybody is the ability to have a better understanding and know what you own...It's going to be really important because you're going to know the consequences...This is a complex event. It's going to be a complex event. They've proven it to us that there's so much more than just flipping the switch. You can't just think basic. You got to remember ...it's not their job to tell you everything...Understand what you own. The Iraqi dinar should not be taken lightly.
12-21-2023 Newshound Guru Jeff The elections are the lynch-pin to the rate change. That's what we've waited on this entire year to even get to the point of being eligible to change the rate...Remember, it was the central bank's absolute minimum requirement to have and hold these elections. Or really to remove corruption. The most effective fastest way to remove corruption is through elections and that's what you're witnessing...
12-21-2023 Newshound Guru Kaperoni A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar. When Iraq passed their tripartite 3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years. Now Iraq is on the clock to accomplish such.
12-21-2023 Guru Nader From The Mid East Everybody's asking me what's going on. What's the news. The news, you will see it on the 1st of January - what exactly is going on. They already gave you a date. I told you the 1st of January we'll be out of the dollar. We will not work with the dollar anymore in Iraq.
12-21-2023 Intel Guru MarkZ [via PDK] Article: “Iraq pushes to shift away from dollar dependency” they are going to need a currency- one that works internationally and carries a value…. They are telling us…we are just frustrated it’s taken so long. We know their de-dollarization goal is Jan 1st.
12-21-2023 Newshound Guru Pimpy What the IMF is saying is really good. But, no, the exchange rate isn't going change tomorrow. It's just another step in the right direction for Iraq...
12-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV special saying we are seeking monetary sovereignty over the dollar. FRANK: When they say the word monetary, they are talking about your currency. And when they say sovereignty they're talking about you only using your currency the Iraqi dinar and not suing any other currency like the American dollar. That's why the dollar is going down in value. That's how your dinar is gaining value. Sudani said it clearly, I am adding value to our currency. They want the American dollar to go down. They want your currency to dominate...
12-21-2023 Intel Guru Bruce [via WiserNow] They want this blessing to go...to come to us before Christmas this year...2023 Christmas. That's the goal. That's the plan...I believe we still will get this done this week... everything is set to go. Redemption centers are fully trained and ready...lets look forward to the next couple of days
12-21-2023 Intel Guru Frank26 [Bank Story] BANK STORY WOMAN: I just spoke to a representative of the company for whom I purchased my currency. I asked, when the reinstatement occurs what happens from your end? She said when the revaluation occurs...we will be notified by the United States Treasury. We will then notify all of our customers. FRANK: I find that interesting, so this bank is saying they have the addresses and phone numbers of the people they sold dinars to. Like I told you, they're going to come after you. They want you badly. BANK STORY WOMAN: I was struck by the fact that she spoke of the RI as a matter of fact which will occur. She did not deny it. FRANK: Like I've been saying to you sister, it's not a secret.
12-21-2023 Intel Guru MarkZ [via PDK] Comment: Iraq may be spending 80% of their 2023 budget to flood its citizens with dinar right before the RV. MarkZ: That makes a lot of sense. There was a lot of backlash in Kuwait because they did not do something similar. A lot of Kuwait people were caught without having Kuwait dinar because they were using US dollars.
12-21-2023 Newshound Guru Militia Man People need to know what they own. I feel what we're presenting to everybody is the ability to have a better understanding and know what you own...It's going to be really important because you're going to know the consequences...This is a complex event. It's going to be a complex event. They've proven it to us that there's so much more than just flipping the switch. You can't just think basic. You got to remember ...it's not their job to tell you everything...Understand what you own. The Iraqi dinar should not be taken lightly.
12-21-2023 Newshound Guru Jeff The elections are the lynch-pin to the rate change. That's what we've waited on this entire year to even get to the point of being eligible to change the rate...Remember, it was the central bank's absolute minimum requirement to have and hold these elections. Or really to remove corruption. The most effective fastest way to remove corruption is through elections and that's what you're witnessing...
12-21-2023 Newshound Guru Kaperoni A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar. When Iraq passed their tripartite 3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years. Now Iraq is on the clock to accomplish such.
12-21-2023 Guru Nader From The Mid East Everybody's asking me what's going on. What's the news. The news, you will see it on the 1st of January - what exactly is going on. They already gave you a date. I told you the 1st of January we'll be out of the dollar. We will not work with the dollar anymore in Iraq.
12-21-2023 Intel Guru MarkZ [via PDK] Article: “Iraq pushes to shift away from dollar dependency” they are going to need a currency- one that works internationally and carries a value…. They are telling us…we are just frustrated it’s taken so long. We know their de-dollarization goal is Jan 1st.
12-21-2023 Newshound Guru Pimpy What the IMF is saying is really good. But, no, the exchange rate isn't going change tomorrow. It's just another step in the right direction for Iraq...
12-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV special saying we are seeking monetary sovereignty over the dollar. FRANK: When they say the word monetary, they are talking about your currency. And when they say sovereignty they're talking about you only using your currency the Iraqi dinar and not suing any other currency like the American dollar. That's why the dollar is going down in value. That's how your dinar is gaining value. Sudani said it clearly, I am adding value to our currency. They want the American dollar to go down. They want your currency to dominate...
12-21-2023 Intel Guru Bruce [via WiserNow] They want this blessing to go...to come to us before Christmas this year...2023 Christmas. That's the goal. That's the plan...I believe we still will get this done this week... everything is set to go. Redemption centers are fully trained and ready...lets look forward to the next couple of days
12-20-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story continued] The girl I was talking to pointed at the screen and the other girl looked down...and went, oh, yes we will but we don't have the ability to talk to you about it now. FRANK: Boom! Mums the word. BANK STORY MAN: I said I understand...I said is it true about the $5,000 increments [That they can only exchange $5,000 worth at a time]? She said, it is true. She said, but listen to me sir, we want your business. If you sit here all day doing $5,000 increments we don't care. [Post 2 of 2]
12-20-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story] BANK STORY MAN: There's a Chase right own the road where I live and I though let me go verify [The information from my other Chase bank story below 12-19-2023] ...I walk in and there were two young girls. The branch manager was tied up in a meeting...I said I'm curious whether you do foreign exchange. She said yes we do, which currency? I said Iraqi dinar. She had the funniest look on her face. She said, yes I believe we can. The girl next to her said, no we cannot. [Post 1 of 2...stay tuned]
12-20-2023 Newshound Guru Pimpy Iraq is still taking the steps necessary to stabilize their economy, stabilize their currency, give value and strength to the Iraqi dinar.
12-20-2023 Newshound Guru Militia Man They're talking about reducing Iraq's dependence on oil. Dependence on oil is going to go away because they have non oil related products...services...and sectors. That's going to be from the taxes and tariffs at the borders, imports, exports, natural resources. They're going to have other than just oil. They're going to have other circumstances...They're talking about 350 million ton of sulfur...They're trying to achieve sustainability for the private sector...
12-20-2023 Intel Guru MarkZ [via PDK] The big news is the article and report...from the IMF...where they quite literally say that Iraq has a fantastic year ahead and much of that is due because of the passing of the exchange rate revaluation. The IMF released an actual bulletin discussing how well their meetings went with Iraqi officials…they talk about all the things Iraq did right and what the world is going to be…they even mention that part of what will make their economy so successful in 2024 is the exchange rate revaluation...I asked an Iraqi contact in government/finance his thoughts about if the revaluation they mention was the one in Feb where the dinar went from 1562 to about 1300 dinar per one dollar. …He said NO this is not what they are referencing. …so this is exiting straight from the IMF itself. Now we just need to cross the finish line.
12-20-2023 Guru Nader From The Mid East When we told you new currency coming out, it is. When we told you the rate will change, it is. Now, it depends how it's going to go. If they continue to attack the embassy and continue the bull shit over there it can slow down things. But here's my expectation, I can be wrong, I can be right, my expectation the 1st of January will be no more [dollar]. Couple days later, a week later, new currency will come out. And maybe 2 or 3 days later a rate will come up...That's what I think.
12-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy said the dinar inside our country has steadily being established with stability...Because of these efforts the dollar is dropping every day this whole week. It had a major decline...the dollar will continue to drop. Start the new year with no dollar actions allowed anywhere. FRANK: ...I believe somewhere around the first they have no choice but to give you value...
12-20-2023 Newshound Guru Jeff The reforms are absolutely waiting on the rate change to implement. They can't implement the reforms without changing the rate. They're telling you the rate change itself is very clearly waiting and has been waiting this entire year on these [provincial] elections...
12-20-2023 Newshound Guru Samson Article: "Al-Sudani congratulates the winners of the local elections and invites them to interact with his government’s plans"
12-20-2023 Intel Guru MarkZ [via PDK] Bank Story: From a member "I went into my local Chase bank to withdraw some cash and the teller asked me if I would wait one moment. I asked her if everything was all right with my account and she said yes. Moments later the bank manager approached me and introduced herself. She took me to her office and asked me if I still had the Vietnamese Dong that I had purchased. I told her yes…. She smiled and shook my hand and said she looks forward to doing business with me very soon.“ MarkZ: I’m sure the teller had a notice flash on her screen telling her this customer purchased foreign currency.
12-20-2023 Newshound Guru Pimpy Article: "IMF expresses optimism about non-oil financial growth in Iraq" This is a major must for Iraq. They need... non-oil financial growth...They can't get to this fast enough. They can't get this to grow quick enough. The fact they rely so much on oil is going to hurt them instead of benefit them...If oil prices fall, they're back to square one and they'll start devaluing the Iraqi dinar if they can't find alternative to generate revenue for the state.
12-20-2023 Intel Guru Frank26 Article: "IMF Staff Concludes Staff Visit with Iraq" FROM THE IMF, FROM THE HORSE'S MOUTH... GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM!
12-20-2023 Intel Guru MarkZ [via PDK] Question: Will we see this before Christmas? MarkZ: We don’t know - but, most of my contacts say we will…
12-20-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story] BANK STORY MAN: There's a Chase right own the road where I live and I though let me go verify [The information from my other Chase bank story below 12-19-2023] ...I walk in and there were two young girls. The branch manager was tied up in a meeting...I said I'm curious whether you do foreign exchange. She said yes we do, which currency? I said Iraqi dinar. She had the funniest look on her face. She said, yes I believe we can. The girl next to her said, no we cannot. [Post 1 of 2...stay tuned]
12-20-2023 Newshound Guru Pimpy Iraq is still taking the steps necessary to stabilize their economy, stabilize their currency, give value and strength to the Iraqi dinar.
12-20-2023 Newshound Guru Militia Man They're talking about reducing Iraq's dependence on oil. Dependence on oil is going to go away because they have non oil related products...services...and sectors. That's going to be from the taxes and tariffs at the borders, imports, exports, natural resources. They're going to have other than just oil. They're going to have other circumstances...They're talking about 350 million ton of sulfur...They're trying to achieve sustainability for the private sector...
12-20-2023 Intel Guru MarkZ [via PDK] The big news is the article and report...from the IMF...where they quite literally say that Iraq has a fantastic year ahead and much of that is due because of the passing of the exchange rate revaluation. The IMF released an actual bulletin discussing how well their meetings went with Iraqi officials…they talk about all the things Iraq did right and what the world is going to be…they even mention that part of what will make their economy so successful in 2024 is the exchange rate revaluation...I asked an Iraqi contact in government/finance his thoughts about if the revaluation they mention was the one in Feb where the dinar went from 1562 to about 1300 dinar per one dollar. …He said NO this is not what they are referencing. …so this is exiting straight from the IMF itself. Now we just need to cross the finish line.
12-20-2023 Guru Nader From The Mid East When we told you new currency coming out, it is. When we told you the rate will change, it is. Now, it depends how it's going to go. If they continue to attack the embassy and continue the bull shit over there it can slow down things. But here's my expectation, I can be wrong, I can be right, my expectation the 1st of January will be no more [dollar]. Couple days later, a week later, new currency will come out. And maybe 2 or 3 days later a rate will come up...That's what I think.
12-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy said the dinar inside our country has steadily being established with stability...Because of these efforts the dollar is dropping every day this whole week. It had a major decline...the dollar will continue to drop. Start the new year with no dollar actions allowed anywhere. FRANK: ...I believe somewhere around the first they have no choice but to give you value...
12-20-2023 Newshound Guru Jeff The reforms are absolutely waiting on the rate change to implement. They can't implement the reforms without changing the rate. They're telling you the rate change itself is very clearly waiting and has been waiting this entire year on these [provincial] elections...
12-20-2023 Newshound Guru Samson Article: "Al-Sudani congratulates the winners of the local elections and invites them to interact with his government’s plans"
12-20-2023 Intel Guru MarkZ [via PDK] Bank Story: From a member "I went into my local Chase bank to withdraw some cash and the teller asked me if I would wait one moment. I asked her if everything was all right with my account and she said yes. Moments later the bank manager approached me and introduced herself. She took me to her office and asked me if I still had the Vietnamese Dong that I had purchased. I told her yes…. She smiled and shook my hand and said she looks forward to doing business with me very soon.“ MarkZ: I’m sure the teller had a notice flash on her screen telling her this customer purchased foreign currency.
12-20-2023 Newshound Guru Pimpy Article: "IMF expresses optimism about non-oil financial growth in Iraq" This is a major must for Iraq. They need... non-oil financial growth...They can't get to this fast enough. They can't get this to grow quick enough. The fact they rely so much on oil is going to hurt them instead of benefit them...If oil prices fall, they're back to square one and they'll start devaluing the Iraqi dinar if they can't find alternative to generate revenue for the state.
12-20-2023 Intel Guru Frank26 Article: "IMF Staff Concludes Staff Visit with Iraq" FROM THE IMF, FROM THE HORSE'S MOUTH... GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM!
12-20-2023 Intel Guru MarkZ [via PDK] Question: Will we see this before Christmas? MarkZ: We don’t know - but, most of my contacts say we will…
12-19-2023 Intel Guru Frank26 I like the idea that from the 20th to the 25th isn't that a good time to bring forth a new exchange rate? Why? Because they've only used 20% of their budget all year. That's insane...What are you waiting for? New exchange rate. You say you're going to use the other 80% from the 20th to the 25th? ...What did you tell the citizens of Iraq is going to happen on the 1st of January 2024? They can't use any other currency. What are they going to use? Rocks to buy things with? Shoot rocks are probably more valuable than the used toilet paper that you got right now...The 20th to 25th is logical, the 1st onward is logical.
12-19-2023 Guru Nader From The Mid East The United States have signed off on everything and threw the ball to the IMF. Now everything is in the hand of the IMF. The World Bank, Treasury, CBI, all met...This how it's going to go now - As soon as they delete all the dollars from Iraq...things going to change.
12-19-2023 Intel Guru MarkZ [via PDK] Article: “IMF staff concludes staff visit with Iraq” They met with Iraq authorities in Amman, Jordan on the 17th to discuss recent economic developments. They are not worried fiscally about Iraq and things are coming along nicely. “Quote: “Inflation has declined from its January peak and is projected to stabilize in the coming months—helped by the Central Bank of Iraq’s (CBI) tighter monetary policy, pass through from the exchange rate revaluation,” They are telling us what they are doing.
12-19-2023 Newshound Guru Sandy Ingram Article: "Iraq links Baghdad US embassy attackers to security services" The attacks against US forces have continued. The Iraqi government said several people who are alleged to have attacked the US embassy in Iraq last week have links to the country security services...
12-19-2023 Newshound Guru Militia Man Everybody knows Iraq is about to go International and they're going to have a digital transformation...When they have this investment budget and they start spending...Iraq is going to be filthy rich with revenue streams from the electronic borders, agriculture, tourism... mining, sulfur, phosphates...they're going to have revenue like no other. There isn't anything else like it, in my lifetime, that I can see is going to trump Iraq... Don't forget...Iraq has a massive amount of hydrogen for clean energy...nobody else is talking about it...The amount of money and revenue streams Iraq is going to have is almost incomprehensible...It really is intense on how much money these guys are going to make on a regular basis.
12-19-2023 Newshound Guru Pimpy I get it there are people out there telling you it's going to happen overnight because they have an electric payment system. No, no they're not going to change your exchange rate just because of the electronic payment system. The electronic payment system will help influence it once it's up and fully implemented but it has nothing to do with being reinstated. It'll keep increasing in increments just like I said...
12-19-2023 Newshound Guru Jeff Since October of last year [Iraq's Federal elections] they have been setting the economic stage for the rate change... They're done setting the economic stage. They don't have any more economic steps to do. That's why they're finishing the very last step of removing and cleaning up corruption at the second half of the government - The provincial level.
12-19-2023 Newshound Guru Clare Article: "Election Commission: The preliminary results will be announced this evening, and we will conduct a manual count in front of everyone"
12-19-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story continued] I said, depending on the amount dinar our group brings in to you, can you work with us on the transaction fee or even eliminate it? He said sorry sir we are not...The way Chase has got it established...they have it baked in. That was his exact words, baked in transaction fee into the rate...He can't change it. I said so no matter what outlet...location or the amount of dinar? He said that's right, it will not change. FRANK: What was that fee did he say? BANK STORY MAN: He said around 4%. FRANK: Wow, I've always said a fair rate is anything like 1%, 2% or 3%. I guess they decided to go one more percent. That's a lot of money. BANK STORY MAN: He said I also I want you to be aware of something. He said when you come in to do your exchange, he said realize we can only do $5,000 increments at a time. [Post 3 of 3]
12-19-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story continued] I thanked her for her time and I thought ok two strikes let's try Chase which is 50 yards away. I walk into Chase in Franklin, Tennessee, asked for the branch manager...I said sir do you do anything with foreign currency? He said yes we do. He said which currency have you got. I said the Iraqi dinar. He said absolutely yes. He was very excited about it. We were standing right there in the middle of the lobby and he didn't try to hold back his facial expression, language or anything. He said, yes, we would love to do business with you. FRANK: Did he say anything else like yeah, we know or we're in preparation, we're getting ready? Bank Story Man: I said, how are you aware of that. He said, we've been waiting for this to transpire... [Post 2 of 3....stay tuned]
12-19-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story] BANK STORY PERSON: I'm a pastor south of Nashville...yesterday I thought I'm gonna do my due diligence and reach out to some of the banks in my area...The Franklin/Brentwood area south of Nashville is the richest county in the United States...The first bank was a Pinnacle Bank...the oldest bank in Nashville...I talked to the branch manager and she knew nothing...She knew zero about it...I walked over to the Wells Fargo...I said I'm curious if you guys verify and exchange foreign currency her eyes lit up. She said, which currency have you got? I said the Iraqi dinar. She said, sir we do not and the reason we do not is because there have been several times Wells Fargo has got burned by bad currency... [Post 1 of 3....stay tuned]
12-19-2023 Intel Guru MarkZ [via PDK] We have seen the IQD listed on foreign exchanges around the world. But, this doesn’t mean the IQD is fully international with a new rate yet. But it is showing up on all kind of exchanges…regionally and internationally and locally on all kind of bank screens. It has never shown on these before. So we are headed in the right direction. Question: What is the rate that is being shown? MarkZ: Anywhere from $1 to about $4.81 depending on who, what or where it is being shown...My Iraqi sources seem to think something will happen this week. We are looking for huge stuff starting tomorrow on the 20th through Jan 1.
12-19-2023 Intel Guru yada ...I look at the scheduled Budget release that will fund the contacts, tariffs on imports and exports, and infrastructure spending. So much so that a program rate will not be enough and a new rate is anticipated.
12-19-2023 Intel Guru Wolverine “I received a call on Sat. 16 Dec. from a very high source. All I can say is that Christmas is coming and we are going to have a very good Christmas.
12-19-2023 Guru Nader From The Mid East The United States have signed off on everything and threw the ball to the IMF. Now everything is in the hand of the IMF. The World Bank, Treasury, CBI, all met...This how it's going to go now - As soon as they delete all the dollars from Iraq...things going to change.
12-19-2023 Intel Guru MarkZ [via PDK] Article: “IMF staff concludes staff visit with Iraq” They met with Iraq authorities in Amman, Jordan on the 17th to discuss recent economic developments. They are not worried fiscally about Iraq and things are coming along nicely. “Quote: “Inflation has declined from its January peak and is projected to stabilize in the coming months—helped by the Central Bank of Iraq’s (CBI) tighter monetary policy, pass through from the exchange rate revaluation,” They are telling us what they are doing.
12-19-2023 Newshound Guru Sandy Ingram Article: "Iraq links Baghdad US embassy attackers to security services" The attacks against US forces have continued. The Iraqi government said several people who are alleged to have attacked the US embassy in Iraq last week have links to the country security services...
12-19-2023 Newshound Guru Militia Man Everybody knows Iraq is about to go International and they're going to have a digital transformation...When they have this investment budget and they start spending...Iraq is going to be filthy rich with revenue streams from the electronic borders, agriculture, tourism... mining, sulfur, phosphates...they're going to have revenue like no other. There isn't anything else like it, in my lifetime, that I can see is going to trump Iraq... Don't forget...Iraq has a massive amount of hydrogen for clean energy...nobody else is talking about it...The amount of money and revenue streams Iraq is going to have is almost incomprehensible...It really is intense on how much money these guys are going to make on a regular basis.
12-19-2023 Newshound Guru Pimpy I get it there are people out there telling you it's going to happen overnight because they have an electric payment system. No, no they're not going to change your exchange rate just because of the electronic payment system. The electronic payment system will help influence it once it's up and fully implemented but it has nothing to do with being reinstated. It'll keep increasing in increments just like I said...
12-19-2023 Newshound Guru Jeff Since October of last year [Iraq's Federal elections] they have been setting the economic stage for the rate change... They're done setting the economic stage. They don't have any more economic steps to do. That's why they're finishing the very last step of removing and cleaning up corruption at the second half of the government - The provincial level.
12-19-2023 Newshound Guru Clare Article: "Election Commission: The preliminary results will be announced this evening, and we will conduct a manual count in front of everyone"
12-19-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story continued] I said, depending on the amount dinar our group brings in to you, can you work with us on the transaction fee or even eliminate it? He said sorry sir we are not...The way Chase has got it established...they have it baked in. That was his exact words, baked in transaction fee into the rate...He can't change it. I said so no matter what outlet...location or the amount of dinar? He said that's right, it will not change. FRANK: What was that fee did he say? BANK STORY MAN: He said around 4%. FRANK: Wow, I've always said a fair rate is anything like 1%, 2% or 3%. I guess they decided to go one more percent. That's a lot of money. BANK STORY MAN: He said I also I want you to be aware of something. He said when you come in to do your exchange, he said realize we can only do $5,000 increments at a time. [Post 3 of 3]
12-19-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story continued] I thanked her for her time and I thought ok two strikes let's try Chase which is 50 yards away. I walk into Chase in Franklin, Tennessee, asked for the branch manager...I said sir do you do anything with foreign currency? He said yes we do. He said which currency have you got. I said the Iraqi dinar. He said absolutely yes. He was very excited about it. We were standing right there in the middle of the lobby and he didn't try to hold back his facial expression, language or anything. He said, yes, we would love to do business with you. FRANK: Did he say anything else like yeah, we know or we're in preparation, we're getting ready? Bank Story Man: I said, how are you aware of that. He said, we've been waiting for this to transpire... [Post 2 of 3....stay tuned]
12-19-2023 Intel Guru Frank26 [Franklin Tennessee Bank Story] BANK STORY PERSON: I'm a pastor south of Nashville...yesterday I thought I'm gonna do my due diligence and reach out to some of the banks in my area...The Franklin/Brentwood area south of Nashville is the richest county in the United States...The first bank was a Pinnacle Bank...the oldest bank in Nashville...I talked to the branch manager and she knew nothing...She knew zero about it...I walked over to the Wells Fargo...I said I'm curious if you guys verify and exchange foreign currency her eyes lit up. She said, which currency have you got? I said the Iraqi dinar. She said, sir we do not and the reason we do not is because there have been several times Wells Fargo has got burned by bad currency... [Post 1 of 3....stay tuned]
12-19-2023 Intel Guru MarkZ [via PDK] We have seen the IQD listed on foreign exchanges around the world. But, this doesn’t mean the IQD is fully international with a new rate yet. But it is showing up on all kind of exchanges…regionally and internationally and locally on all kind of bank screens. It has never shown on these before. So we are headed in the right direction. Question: What is the rate that is being shown? MarkZ: Anywhere from $1 to about $4.81 depending on who, what or where it is being shown...My Iraqi sources seem to think something will happen this week. We are looking for huge stuff starting tomorrow on the 20th through Jan 1.
12-19-2023 Intel Guru yada ...I look at the scheduled Budget release that will fund the contacts, tariffs on imports and exports, and infrastructure spending. So much so that a program rate will not be enough and a new rate is anticipated.
12-19-2023 Intel Guru Wolverine “I received a call on Sat. 16 Dec. from a very high source. All I can say is that Christmas is coming and we are going to have a very good Christmas.
12-18-2023 Intel Guru Frank26 I think the new national currency along with the exchange rate and HCL will (*snap fingers*) be simultaneously.
12-18-2023 Newshound Guru Pimpy Question: "Is Iraq part of any currency basket?" No...They have not been invited to be part of any currency basket. Iraq is part of the currency basket that makes up the Arab accounting dinar but that's local, regional...There are no other currency baskets, I mean zero, that Iraq is part of at all. Nothing in trade. Nothing in business. Nothing internationally. That don't have stable currency.
12-18-2023 Intel Guru MarkZ [via PDK] The rumors are through the roof. From Iraq especially…that they have expectations for the next 48 hours and before the 20th. I do not know if it will happen on the 20th…but I do feel it will happen within the next few weeks. Banking contacts are all looking at the next 36/48 hours… We really are close...lets see what happens. But everyone stay grounded. You all know it’s inevitable. It’s a “when” and not an “if”...
12-18-2023 Newshound Guru Militia Man Article quote: "...Iraq today is at the highest level of foreign receivers in the financial history..." They've made changes to the issue of dealing with foreign currency. We all know what they have been doing...currency swaps. They've been populating corresponding banks with currency. They didn't say if it's triple zero notes or if it's small category notes but they said they've been populating countries with foreign currency. I think it's pretty exciting.
12-18-2023 Newshound Guru Samson Article: "Advisor to the Prime Minister: Iraq today has the highest levels of foreign reserves in its financial history"
12-18-2023 Intel Guru Frank26 On the 1st of January, you citizens of Iraq will no longer be able to use any foreign currency...Nothing except their currency. Their currency is worthless. Obviously they are cleaning the floor of the CBI from terrorism, counterfeiting, those in parliament that think they were going to take everything over again like Iran was planning but didn't work. This monetary reform education right now is extremely successful.
12-18-2023 Intel Guru MarkZ [via PDK] ... article from the local news over there...says they have defeated the “parallel market” or the black market for currency. Why is this important? We were told this would be the next step before they released the new rate. So there is great expectation. They continue to tell the Iraqi people to watch for changes in the dinar values at stores and market places.
12-18-2023 Newshound Guru Sandy Ingram Article: "Iraqi council elections: Almost 17 million voters head to polls on Monday" Iraqis have begun voting for the first time in a decade to select new provincial council members who in turn will appoint governors...results are expected to be announced on Tuesday.
12-18-2023 Newshound Guru Jeff Today on Monday Iraq is holding their elections. What does this mean to us? According to Iraq's Central Bank removing corruption is the absolute minimum requirement for Iraq to be eligible to revalue their currency...These are the provincial level elections. It's the second half of the government. They already completed and held all their federal elections in October of last year...These elections are critical to the country to move it forward...
12-18-2023 Newshound Guru Clare Article: "Chairman of the Board of Commissioners: The electoral process is proceeding smoothly, and the voting machines will stop at six in the evening"
12-18-2023 Intel/Newshound Guru Babysmom ...IRAQI CITIZENS WILL BE VOTING TODAY AND TOMORROW.
12-18-2023 Intel Guru MarkZ [via PDK] I am not worried about a float. None of my bankers are worried about a float...I was told that because of the “Oil for Dinar“ program –the redeeming banks or redemption centers that this will be our best price. All my bankers agree.
12-18-2023 Newshound Guru Pimpy Question: "Is Iraq part of any currency basket?" No...They have not been invited to be part of any currency basket. Iraq is part of the currency basket that makes up the Arab accounting dinar but that's local, regional...There are no other currency baskets, I mean zero, that Iraq is part of at all. Nothing in trade. Nothing in business. Nothing internationally. That don't have stable currency.
12-18-2023 Intel Guru MarkZ [via PDK] The rumors are through the roof. From Iraq especially…that they have expectations for the next 48 hours and before the 20th. I do not know if it will happen on the 20th…but I do feel it will happen within the next few weeks. Banking contacts are all looking at the next 36/48 hours… We really are close...lets see what happens. But everyone stay grounded. You all know it’s inevitable. It’s a “when” and not an “if”...
12-18-2023 Newshound Guru Militia Man Article quote: "...Iraq today is at the highest level of foreign receivers in the financial history..." They've made changes to the issue of dealing with foreign currency. We all know what they have been doing...currency swaps. They've been populating corresponding banks with currency. They didn't say if it's triple zero notes or if it's small category notes but they said they've been populating countries with foreign currency. I think it's pretty exciting.
12-18-2023 Newshound Guru Samson Article: "Advisor to the Prime Minister: Iraq today has the highest levels of foreign reserves in its financial history"
12-18-2023 Intel Guru Frank26 On the 1st of January, you citizens of Iraq will no longer be able to use any foreign currency...Nothing except their currency. Their currency is worthless. Obviously they are cleaning the floor of the CBI from terrorism, counterfeiting, those in parliament that think they were going to take everything over again like Iran was planning but didn't work. This monetary reform education right now is extremely successful.
12-18-2023 Intel Guru MarkZ [via PDK] ... article from the local news over there...says they have defeated the “parallel market” or the black market for currency. Why is this important? We were told this would be the next step before they released the new rate. So there is great expectation. They continue to tell the Iraqi people to watch for changes in the dinar values at stores and market places.
12-18-2023 Newshound Guru Sandy Ingram Article: "Iraqi council elections: Almost 17 million voters head to polls on Monday" Iraqis have begun voting for the first time in a decade to select new provincial council members who in turn will appoint governors...results are expected to be announced on Tuesday.
12-18-2023 Newshound Guru Jeff Today on Monday Iraq is holding their elections. What does this mean to us? According to Iraq's Central Bank removing corruption is the absolute minimum requirement for Iraq to be eligible to revalue their currency...These are the provincial level elections. It's the second half of the government. They already completed and held all their federal elections in October of last year...These elections are critical to the country to move it forward...
12-18-2023 Newshound Guru Clare Article: "Chairman of the Board of Commissioners: The electoral process is proceeding smoothly, and the voting machines will stop at six in the evening"
12-18-2023 Intel/Newshound Guru Babysmom ...IRAQI CITIZENS WILL BE VOTING TODAY AND TOMORROW.
12-18-2023 Intel Guru MarkZ [via PDK] I am not worried about a float. None of my bankers are worried about a float...I was told that because of the “Oil for Dinar“ program –the redeeming banks or redemption centers that this will be our best price. All my bankers agree.
12-17-2023 Newshound Guru Militia Man They have a paragraph in the laws that may need an amendment. It has to deal with the average production cost per barrel [of oil]...it's used to be $8 but now it's $21...When they change the value of the currency it's going to need to be adjusted according for a fair valuation for how much money is it going to cost to get it out of the ground. That's going to be relevant to what's the dinar worth because we're not going to be using the dollar, we're going to be using the dinar...
12-17-2023 Intel Guru Frank26 If you held your dinars for 1 year and you have the receipt to prove that, the date, then more than likely you'll be somewhere in the 20% range of taxes. If you...have no receipt, oh boy, you might be in the 40%. Yikes. You have 1 million, you'll have to give Uncle Sam $400,000. I'd rather give him $200,000 because I have a receipt where I've held my dinars for at least 1 year. For those of you...that just bought your dinars last month. Hmmm. You may have to consider to hold on to them for another 11 more months for tax purposes. [NOTE: Some gurus feel the dinar will be taxed as ordinary income and not capital gains as suggested here. Always speak with your tax advisor at the appropriate time to determine the right tax for your unique situation.]
12-17-2023 Guru Nader From The Mid East In January we'll be using the dinar only. 1st of January is going to be a big step. A big change...Wait for the first of January, that's when things are going to start happening. You might see the deleting of the zeros or the new currency in January... Somewhere or somehow or some when it's going to be 1 to 1.
12-17-2023 Newshound Guru Sandy Ingram Iraq cuts oil production by 223,000 barrels per day voluntarily. Iraq is over 90% dependent on oil revenue and oil prices, therefore when OPEC speaks we listen and we listen very carefully, almost as carefully as when the CBI makes and announcement.
12-17-2023 Intel Guru sheila Iraq's elections days are 18th and 19th. Rumor has it they will release the new exchange rate post election...we shall see if that's true or not in the coming days.
12-17-2023 Newshound Guru Kaperoni There's a new article out that many people are translating and confusing. They are not talking about an RV in Iraq, they are talking about the spread being in compliance early next year. Just a reminder the spread is the difference between the official rate and the market rate or street rate and has been way out of whack recently in Iraq. This article simply means they expect the spread to come down closer to the official rate early next year. There is no RV.
12-17-2023 Newshound Guru Militia Man Article: "A STATEMENT ISSUED BY THE IRAQ ECONOMIC CONTACT GROUP OF THE GROUP OF SEVEN COUNTRIES, THE EUROPEAN UNION, AND THE WORLD BANK" This data supports all that we have been seeing where Iraq is going international. It is coming out strong and to the point from the horse's mouths. For those that doubt it still.. Good luck.
12-17-2023 Intel Guru Frank26 There is hidden information being revealed in these [This week's bank stories] phone calls...They're running out of time...The Venturi effect of the whole monetary reform is becoming so narrow he can barely get everything through fast enough right now. The employees are being educated/updated. Very good. They are telling them the dinar...we'll be doing it, sure...The banks know when and they're getting the customers ready and preparing them...This is what I am coming across...You may be still getting a lot of denials and that's still to be expected, but I am a central hub of information. People call me because they want me to share it with you...these bank stories are powerful.
12-17-2023 Guest Guru PompeyPeter I'm thinking these are council elections, no body give a fiddles fig about these things. Very strange. I thought, hmmm, new small category notes, ATMs, a lot of people trying to get into a bank to change their notes...Thinking about it, they may want the army involved to protect movements of new notes and coins...The 20th they've got 5 days to spend the big chunk of the budget that's been sitting there waiting for over 11 months. Why? Because they don't want to spend it at 1300. It's too expensive....It would seem perfect timing perhaps they mask these elections with something else which may or may not be the rate change and new small category notes. That's my eye on the prize today. Could be wrong. Just my opinion. [Post 2 of 2]
12-17-2023 Guest Guru PompeyPeter The head of the armed forces coming out and saying the whole of the armed forces from Wednesday to Wednesday starting the day before yesterday through Wednesday of next week are on the highest level of alert in the whole of the armed forces. Level C...It's like a bloody call for a war, reservists and so on. It's saying it's because of the election on the Monday the 18th...That makes no sense. Most countries like here in the UK and the US we don't have a day off for an election. Last time they had council elections they only had 40% turn out. Pretty apathetic. It's Iraq, they give them a day off. Now Sudani says they have two days off, Monday and Tuesday. Now we hear the whole bloody army's been called up on massive stay of alert. [Post 1 of 2....stay tuned]
12-17-2023 Intel Guru MarkZ [via PDK] They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people. This is about all they can say without giving away to much. It is very exciting what we are hearing in Iraq. ...The leaders are telling the people that they are about to have an imminent change coming to their valuations and to pay attention when they shop...Most people believe they are setting us up for the next few days. I believe they may be accurate...It is coming from many different angles and directions.
12-17-2023 Intel Guru Bruce [via WiserNow] The Redemption center rates on their screens will be the best rates available they will be the best rates if you try to just say well, I'm just gonna go to this small mom and pop bank - You're not gonna get the big rates. You're not gonna get the rates that President Trump wants us to have...there's a vast difference between the redemption center screen rates and that of the banks. Even the tier one banks are not a match up.
12-17-2023 Intel Guru Frank26 If you held your dinars for 1 year and you have the receipt to prove that, the date, then more than likely you'll be somewhere in the 20% range of taxes. If you...have no receipt, oh boy, you might be in the 40%. Yikes. You have 1 million, you'll have to give Uncle Sam $400,000. I'd rather give him $200,000 because I have a receipt where I've held my dinars for at least 1 year. For those of you...that just bought your dinars last month. Hmmm. You may have to consider to hold on to them for another 11 more months for tax purposes. [NOTE: Some gurus feel the dinar will be taxed as ordinary income and not capital gains as suggested here. Always speak with your tax advisor at the appropriate time to determine the right tax for your unique situation.]
12-17-2023 Guru Nader From The Mid East In January we'll be using the dinar only. 1st of January is going to be a big step. A big change...Wait for the first of January, that's when things are going to start happening. You might see the deleting of the zeros or the new currency in January... Somewhere or somehow or some when it's going to be 1 to 1.
12-17-2023 Newshound Guru Sandy Ingram Iraq cuts oil production by 223,000 barrels per day voluntarily. Iraq is over 90% dependent on oil revenue and oil prices, therefore when OPEC speaks we listen and we listen very carefully, almost as carefully as when the CBI makes and announcement.
12-17-2023 Intel Guru sheila Iraq's elections days are 18th and 19th. Rumor has it they will release the new exchange rate post election...we shall see if that's true or not in the coming days.
12-17-2023 Newshound Guru Kaperoni There's a new article out that many people are translating and confusing. They are not talking about an RV in Iraq, they are talking about the spread being in compliance early next year. Just a reminder the spread is the difference between the official rate and the market rate or street rate and has been way out of whack recently in Iraq. This article simply means they expect the spread to come down closer to the official rate early next year. There is no RV.
12-17-2023 Newshound Guru Militia Man Article: "A STATEMENT ISSUED BY THE IRAQ ECONOMIC CONTACT GROUP OF THE GROUP OF SEVEN COUNTRIES, THE EUROPEAN UNION, AND THE WORLD BANK" This data supports all that we have been seeing where Iraq is going international. It is coming out strong and to the point from the horse's mouths. For those that doubt it still.. Good luck.
12-17-2023 Intel Guru Frank26 There is hidden information being revealed in these [This week's bank stories] phone calls...They're running out of time...The Venturi effect of the whole monetary reform is becoming so narrow he can barely get everything through fast enough right now. The employees are being educated/updated. Very good. They are telling them the dinar...we'll be doing it, sure...The banks know when and they're getting the customers ready and preparing them...This is what I am coming across...You may be still getting a lot of denials and that's still to be expected, but I am a central hub of information. People call me because they want me to share it with you...these bank stories are powerful.
12-17-2023 Guest Guru PompeyPeter I'm thinking these are council elections, no body give a fiddles fig about these things. Very strange. I thought, hmmm, new small category notes, ATMs, a lot of people trying to get into a bank to change their notes...Thinking about it, they may want the army involved to protect movements of new notes and coins...The 20th they've got 5 days to spend the big chunk of the budget that's been sitting there waiting for over 11 months. Why? Because they don't want to spend it at 1300. It's too expensive....It would seem perfect timing perhaps they mask these elections with something else which may or may not be the rate change and new small category notes. That's my eye on the prize today. Could be wrong. Just my opinion. [Post 2 of 2]
12-17-2023 Guest Guru PompeyPeter The head of the armed forces coming out and saying the whole of the armed forces from Wednesday to Wednesday starting the day before yesterday through Wednesday of next week are on the highest level of alert in the whole of the armed forces. Level C...It's like a bloody call for a war, reservists and so on. It's saying it's because of the election on the Monday the 18th...That makes no sense. Most countries like here in the UK and the US we don't have a day off for an election. Last time they had council elections they only had 40% turn out. Pretty apathetic. It's Iraq, they give them a day off. Now Sudani says they have two days off, Monday and Tuesday. Now we hear the whole bloody army's been called up on massive stay of alert. [Post 1 of 2....stay tuned]
12-17-2023 Intel Guru MarkZ [via PDK] They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people. This is about all they can say without giving away to much. It is very exciting what we are hearing in Iraq. ...The leaders are telling the people that they are about to have an imminent change coming to their valuations and to pay attention when they shop...Most people believe they are setting us up for the next few days. I believe they may be accurate...It is coming from many different angles and directions.
12-17-2023 Intel Guru Bruce [via WiserNow] The Redemption center rates on their screens will be the best rates available they will be the best rates if you try to just say well, I'm just gonna go to this small mom and pop bank - You're not gonna get the big rates. You're not gonna get the rates that President Trump wants us to have...there's a vast difference between the redemption center screen rates and that of the banks. Even the tier one banks are not a match up.
12-16-2023 Newshound Guru Pimpy Definitely looks like reform is well on its way with the banking system. Let's hope this continues. It looks like there's a lot of agreements that the US will hold their word and make sure that Iraq gets the money that they need for 2024...They definitely need to get Article 140 out of the way. That's a big hesitation between Kurdistan and Iraq. That's also a big part of their tension between the two. Iraq is looking good. Still moving forward. That's what we want to see especially since the stuff they're working on is going to help them do business internationally.
12-16-2023 Newshound Guru Militia Man We had some problems with the embassy recently...They put the army out from the 12th, a couple days back, through the 20th. So you kind of go, wow. They're really focusing in on the 20th. Again, they are telling us a story. Whether that is an indicator or not it's going to be determined. Don't think that we're telling you it's going down on the 20th because that's not what we said and that's not what I'm telling you. But it's fascinating stuff...
12-16-2023 Newshound/Intel Guru Walkingstick As the days go by and we walk toward the 1st of this year IMO so far the monetary reform is keeping its word on their intent of adding value and introducing a new monetary system called the lower denominations.
12-16-2023 Intel Guru Frank26 [California Golden Valley Bank Story Continued] FRANK: The updates came...Turns out this bank has told this group of people...we can't handle that much volume at our banks, therefore we are sending you to an exchange center and they will give you 4.5% to put it in the bank. They said Morgan Stanley are the people we are going to introduce you to for a management company to help you when you come in towards the end of the year. [Post 2 of 2]
12-16-2023 Intel Guru Frank26 [California Golden Valley Bank Story] Bank Story Lady: (family friend) had an appointment yesterday. Whenever the banker found out how many dinar that we are holding in our group which is about half a billion he said that was too much, they weren't going to be able to handle that much...Then this morning he got a call from his bank Golden Valley and they said look we had a meeting about you and your group last night. FRANK: They had a meeting about his issue with the dinar? BANK STORY LADY: Yes, because it was so much. They invited him back...we're waiting for that update. [Post 1 of 2....stay tuned]
12-16-2023 Newshound Guru Breitling The only way you can answer those questions is you have to put a piece of paper down and realistically what is it that you want. You have to be realistic about it. You can't say the first thing is I'm going to start off with a $50 million dollar mansion. Don't be stupid...Let's be a little more practical. A home over your head, debt free, for you and your family...then you can go for the big stuff. Your investments are based on that...what it is you want. [Post 2 of 2]
12-16-2023 Newshound Guru Breitling Question: "When it does revalue, when do we get out? How long do we wait?" That depends on your own needs. Are you trying to get a house? Are you trying to pay off a loan? What is it because once you hit that number get out. Or if it doesn't go up to that number - Let's say you're trying to make...$250,000 and you realize the investment is only going to get you about $180,000, then get out! Diversify. Get into something else. Don't just stick around. [Post 1 of 2....stay tuned]
12-16-2023 Intel Guru MarkZ [via PDK] From Iraq: “Statement of the Iraq Economic Contact Group of the G &, European Union and World Bank” They had some phenomenal meetings over the week about the tremendous progress that they have made in Iraq. This is coming from our own US embassy and consulate in Iraq. They talk about the budget and how it is “life changing” to Iraqis…. Even more important is what is going on in the streets of Iraq in the last day. Sudani is explaining to the citizens that they need to pay attention to “valuations”. Especially in shopping and in stores. This is because they are strengthening the dinar.
12-16-2023 Newshound Guru Pimpy Question: "Does this electric payment system have anything to do with the Iraqi dinar exchange rate?" Installing it is not going to make the exchange rate change but, what it does do is it will influence the exchange rate. There's a huge difference...How it does that is...if people all have an ATM card...then there's an increase in transactions...that will help influence the exchange rate. But just installing the payment system has nothing to do with the exchange rate...the exchange rate is not going to change because they put it in.
12-16-2023 Newshound Guru Militia Man Romanowski [US Ambassador to Iraq] had her G7 meeting...She's taken photo op with the G7 supporting the reforms of Iraq. That's powerful stuff. Article quote: "...during the coming year the Iraq economic contact group will further cooperation to support the development of the economic and financial sector in Iraq including prime minister Al-Sudani's policies to enhance the value of the dinar...This is a clear announcement of the new policies regarding the dinar during the transitional period..." That's a drop the mic you guys. Phenomenal...In other words if you're going to enhance the value of the dinar something is going to change.
12-16-2023 Intel Guru Frank26 Article: "A STATEMENT ISSUED BY THE IRAQ ECONOMIC CONTACT GROUP OF THE GROUP OF SEVEN COUNTRIES, THE EUROPEAN UNION, AND THE WORLD BANK" Quote: "During the coming year, the Iraq Economic Contact Group welcomes further cooperation to support the development of the economic and financial sector in Iraq, including Prime Minister Muhammad Shia al-Sudani’s policies to enhance the value of the dinar and oversee monetary policy. A clear announcement of the new policies regarding the dinar during the transitional period..." WHEN IS THE TRANSITIONAL PERIOD?... STARTS DEC. 20TH FOR 5 DAYS.
12-16-2023 Intel Guru MarkZ [via PDK] I am hearing more and more contacts from different nations saying that they now have the “GO”. We don’t know the timing but it’s my understanding that they have been releasing the countries one by one. They all should go at one time but they are getting their permissions and marching orders now. I am hearing from different governmental sources that it is all released and the amounts have been agreed to and shared with the participating countries. Now, we are waiting for someone to say “GO” and we do not know what the timing is. I think the banks may know but they are not telling me.
12-16-2023 Newshound Guru Militia Man We had some problems with the embassy recently...They put the army out from the 12th, a couple days back, through the 20th. So you kind of go, wow. They're really focusing in on the 20th. Again, they are telling us a story. Whether that is an indicator or not it's going to be determined. Don't think that we're telling you it's going down on the 20th because that's not what we said and that's not what I'm telling you. But it's fascinating stuff...
12-16-2023 Newshound/Intel Guru Walkingstick As the days go by and we walk toward the 1st of this year IMO so far the monetary reform is keeping its word on their intent of adding value and introducing a new monetary system called the lower denominations.
12-16-2023 Intel Guru Frank26 [California Golden Valley Bank Story Continued] FRANK: The updates came...Turns out this bank has told this group of people...we can't handle that much volume at our banks, therefore we are sending you to an exchange center and they will give you 4.5% to put it in the bank. They said Morgan Stanley are the people we are going to introduce you to for a management company to help you when you come in towards the end of the year. [Post 2 of 2]
12-16-2023 Intel Guru Frank26 [California Golden Valley Bank Story] Bank Story Lady: (family friend) had an appointment yesterday. Whenever the banker found out how many dinar that we are holding in our group which is about half a billion he said that was too much, they weren't going to be able to handle that much...Then this morning he got a call from his bank Golden Valley and they said look we had a meeting about you and your group last night. FRANK: They had a meeting about his issue with the dinar? BANK STORY LADY: Yes, because it was so much. They invited him back...we're waiting for that update. [Post 1 of 2....stay tuned]
12-16-2023 Newshound Guru Breitling The only way you can answer those questions is you have to put a piece of paper down and realistically what is it that you want. You have to be realistic about it. You can't say the first thing is I'm going to start off with a $50 million dollar mansion. Don't be stupid...Let's be a little more practical. A home over your head, debt free, for you and your family...then you can go for the big stuff. Your investments are based on that...what it is you want. [Post 2 of 2]
12-16-2023 Newshound Guru Breitling Question: "When it does revalue, when do we get out? How long do we wait?" That depends on your own needs. Are you trying to get a house? Are you trying to pay off a loan? What is it because once you hit that number get out. Or if it doesn't go up to that number - Let's say you're trying to make...$250,000 and you realize the investment is only going to get you about $180,000, then get out! Diversify. Get into something else. Don't just stick around. [Post 1 of 2....stay tuned]
12-16-2023 Intel Guru MarkZ [via PDK] From Iraq: “Statement of the Iraq Economic Contact Group of the G &, European Union and World Bank” They had some phenomenal meetings over the week about the tremendous progress that they have made in Iraq. This is coming from our own US embassy and consulate in Iraq. They talk about the budget and how it is “life changing” to Iraqis…. Even more important is what is going on in the streets of Iraq in the last day. Sudani is explaining to the citizens that they need to pay attention to “valuations”. Especially in shopping and in stores. This is because they are strengthening the dinar.
12-16-2023 Newshound Guru Pimpy Question: "Does this electric payment system have anything to do with the Iraqi dinar exchange rate?" Installing it is not going to make the exchange rate change but, what it does do is it will influence the exchange rate. There's a huge difference...How it does that is...if people all have an ATM card...then there's an increase in transactions...that will help influence the exchange rate. But just installing the payment system has nothing to do with the exchange rate...the exchange rate is not going to change because they put it in.
12-16-2023 Newshound Guru Militia Man Romanowski [US Ambassador to Iraq] had her G7 meeting...She's taken photo op with the G7 supporting the reforms of Iraq. That's powerful stuff. Article quote: "...during the coming year the Iraq economic contact group will further cooperation to support the development of the economic and financial sector in Iraq including prime minister Al-Sudani's policies to enhance the value of the dinar...This is a clear announcement of the new policies regarding the dinar during the transitional period..." That's a drop the mic you guys. Phenomenal...In other words if you're going to enhance the value of the dinar something is going to change.
12-16-2023 Intel Guru Frank26 Article: "A STATEMENT ISSUED BY THE IRAQ ECONOMIC CONTACT GROUP OF THE GROUP OF SEVEN COUNTRIES, THE EUROPEAN UNION, AND THE WORLD BANK" Quote: "During the coming year, the Iraq Economic Contact Group welcomes further cooperation to support the development of the economic and financial sector in Iraq, including Prime Minister Muhammad Shia al-Sudani’s policies to enhance the value of the dinar and oversee monetary policy. A clear announcement of the new policies regarding the dinar during the transitional period..." WHEN IS THE TRANSITIONAL PERIOD?... STARTS DEC. 20TH FOR 5 DAYS.
12-16-2023 Intel Guru MarkZ [via PDK] I am hearing more and more contacts from different nations saying that they now have the “GO”. We don’t know the timing but it’s my understanding that they have been releasing the countries one by one. They all should go at one time but they are getting their permissions and marching orders now. I am hearing from different governmental sources that it is all released and the amounts have been agreed to and shared with the participating countries. Now, we are waiting for someone to say “GO” and we do not know what the timing is. I think the banks may know but they are not telling me.
12-15-2023 Intel Guru Frank26 Question: "Are we at the point in this journey where the rate could be changed at any time?" Yes.
12-15-2023 Newshound/Intel Guru Walkingstick The intent of the government of Iraq and the board of directors of the CBI is to eventually float. We see this information in the articles they have already released...
12-15-2023 Intel Guru Bruce [via WiserNow] I received...good intel from a very trusted source and a treasury representative...We're ...looking at us to be notified on Monday...Which is the 18th and exchange on the 19th...Monday into Tuesday is what looks like is going to happen to tier 4B - that's us...
the redemption centers...did say they intend to get the started before Christmas and it looks like that's what is going to happen...I think we're good to go...
12-15-2023 Newshound Guru Samson Article: "The delegation of the Central Bank of Iraq ends its meetings with the delegation of the US Federal Reserve and the US Treasury in Dubai" Quote: "December 14, 2023 Representatives of the US Federal Reserve Bank and the US Treasury appreciated the efforts made by the Central Bank of Iraq"
12-15-2023 Intel Guru Frank26 The monetary reform is not a secret and the Venturi effect of the monetary reform is causing so much pressure with so little time left to accomplish what they need to accomplish. What do they need to accomplish? They need to help their citizens of Iraq, to add value to their currency...
12-15-23 Intel Guru Goldilocks Iraq has completed all of their banking competencies required by the CBI in Iraq to meet International Banking Standards. And tomorrow, they are expected to finish their banking reforms with their managers per a recent article.
12-15-2023 Newshound Guru Pimpy Question: "Can Iraq get into the World Trade Organization with the currency exchange rate of 1310 to 1 US dollar?" One of the key requirements for joining the WTO is establishing a convertible currency at a "realistic exchange rate"...the exchange rate of 1310 to 1 USD raises concerns about the convertibility and stability of Iraq's currency... There is no specific threshold for what constitutes a "realistic" exchange rate...It has to be a stable currency which means...Iraq must have a stable economy...When 95% of your budget is totally relied on oil sales that is not a stable economy. Iraq is going to have to build their private and public sectors...Can Iraq go into the World Trade Organization with an exchange rate of 1310 dinar? Yes...if the dinar is stable.
12-15-2023 Intel Guru MarkZ [via PDK] A lot has happened over the 14th and the 15th and more is expected to happen over the next couple of days. We have seen tremendous progress over the last few days…behind the scenes...I absolutely think we are finally here.
12-15-2023 Newshound Guru Clare Article: "The delegation of the Central Bank of Iraq ends its meetings with the delegation of the US Federal Reserve and the US Treasury in Dubai"
12-15-2023 Newshound Guru Militia Man Article "STATEMENT OF THE IRAQ ECONOMIC CONTACT GROUP OF THE G7, EUROPEAN UNION AND WORLD BANK" This is the road map they have been using to show the world their intentions. They have every intention to see Iraq succeed and get back into the international arena and into her rightful place in the international financial system! We can see by the evidence over the last few months that support they are getting down to the wire...
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12-15-2023 Intel Guru Frank26 [Chase Bank Story] BANK STORY LADY: I called Chase Bank this morning...I asked would they be exchanging the Iraqi dinar this January 1, 2024. He said we haven't been given the information yet but we will probably get it around December 31, 2023 or January 1, 2024. FRANK: I agree with him BTW. BANK STORY LADY: He was so nice. He invited me to come in at anytime and open an account. The other [call] said not all the Chase Banks would not be handling the foreign currency. They didn't know which ones yet.
12-15-2023 Intel Guru MarkZ [via PDK] When we first got into this and looked at the Vietnamese dong we were hopeful it would come out around .30 to .36 cents. Which is still amazing. But I have not heard it was going to be that low. I am still hearing it will be between $2 and $3.
12-15-2023 Newshound/Intel Guru Walkingstick The intent of the government of Iraq and the board of directors of the CBI is to eventually float. We see this information in the articles they have already released...
12-15-2023 Intel Guru Bruce [via WiserNow] I received...good intel from a very trusted source and a treasury representative...We're ...looking at us to be notified on Monday...Which is the 18th and exchange on the 19th...Monday into Tuesday is what looks like is going to happen to tier 4B - that's us...
the redemption centers...did say they intend to get the started before Christmas and it looks like that's what is going to happen...I think we're good to go...
12-15-2023 Newshound Guru Samson Article: "The delegation of the Central Bank of Iraq ends its meetings with the delegation of the US Federal Reserve and the US Treasury in Dubai" Quote: "December 14, 2023 Representatives of the US Federal Reserve Bank and the US Treasury appreciated the efforts made by the Central Bank of Iraq"
12-15-2023 Intel Guru Frank26 The monetary reform is not a secret and the Venturi effect of the monetary reform is causing so much pressure with so little time left to accomplish what they need to accomplish. What do they need to accomplish? They need to help their citizens of Iraq, to add value to their currency...
12-15-23 Intel Guru Goldilocks Iraq has completed all of their banking competencies required by the CBI in Iraq to meet International Banking Standards. And tomorrow, they are expected to finish their banking reforms with their managers per a recent article.
12-15-2023 Newshound Guru Pimpy Question: "Can Iraq get into the World Trade Organization with the currency exchange rate of 1310 to 1 US dollar?" One of the key requirements for joining the WTO is establishing a convertible currency at a "realistic exchange rate"...the exchange rate of 1310 to 1 USD raises concerns about the convertibility and stability of Iraq's currency... There is no specific threshold for what constitutes a "realistic" exchange rate...It has to be a stable currency which means...Iraq must have a stable economy...When 95% of your budget is totally relied on oil sales that is not a stable economy. Iraq is going to have to build their private and public sectors...Can Iraq go into the World Trade Organization with an exchange rate of 1310 dinar? Yes...if the dinar is stable.
12-15-2023 Intel Guru MarkZ [via PDK] A lot has happened over the 14th and the 15th and more is expected to happen over the next couple of days. We have seen tremendous progress over the last few days…behind the scenes...I absolutely think we are finally here.
12-15-2023 Newshound Guru Clare Article: "The delegation of the Central Bank of Iraq ends its meetings with the delegation of the US Federal Reserve and the US Treasury in Dubai"
12-15-2023 Newshound Guru Militia Man Article "STATEMENT OF THE IRAQ ECONOMIC CONTACT GROUP OF THE G7, EUROPEAN UNION AND WORLD BANK" This is the road map they have been using to show the world their intentions. They have every intention to see Iraq succeed and get back into the international arena and into her rightful place in the international financial system! We can see by the evidence over the last few months that support they are getting down to the wire...
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12-15-2023 Intel Guru Frank26 [Chase Bank Story] BANK STORY LADY: I called Chase Bank this morning...I asked would they be exchanging the Iraqi dinar this January 1, 2024. He said we haven't been given the information yet but we will probably get it around December 31, 2023 or January 1, 2024. FRANK: I agree with him BTW. BANK STORY LADY: He was so nice. He invited me to come in at anytime and open an account. The other [call] said not all the Chase Banks would not be handling the foreign currency. They didn't know which ones yet.
12-15-2023 Intel Guru MarkZ [via PDK] When we first got into this and looked at the Vietnamese dong we were hopeful it would come out around .30 to .36 cents. Which is still amazing. But I have not heard it was going to be that low. I am still hearing it will be between $2 and $3.
12-14-2023 Newshound/Intel Guru Walkingstick They have told them [Iraqi citizens] a change is coming. Do you need another clue? Come January 1st what are the citizens supposed to do? What are they supposed to use? Should they continue to use a worthless currency? Should they continue to live in misery, poverty, when they were promised other things? Iraq will be another Dubai. What more can the CBI do after the first? Reinstate and float. That will make the Iraqi citizens very happy...
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12-14-2023 Intel Guru Frank26 1 to 1 is stupid...Did they not say their desire is to be on par 1 to 1 with the American dollar? Did they not say their desire is to take that relationship and de-peg from the dollar and go into a basket where the dollar, ...instead of being pegged, will be paired with the dollar along with many other currencies...They told us that did they not? I didn't make this up in my imagination. This is the monetary reform plan...They told us about what is going to happen on the 1st...1 to 1 in a basket to start out with? No. IMO when it comes to calculating...look at inflation factors...M1, 2 and 3 figures ...No - 1 to 1 is stupid...it's ridiculous.
12-14-2023 Intel Guru MarkZ [via PDK] In Iraq: “Central Bank achieves a new step in the right direction to regulate foreign trade.” Also the CBI just wrapped up meetings with the US Treasury and the Federal Reserve about “Becoming International” and they are content with the changes they have made for Iraq to be fully recognized internationally.
12-14-2023 Newshound Guru Breitling Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that? To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure.
12-14-2023 Newshound Guru Jeff You'll be able to go to 53rd Bank on the east coast [to exchange your dinar]. I've already consulted with them. You'll be able to exchange your foreign currency there and they won't charge you any fees to exchange your foreign currency..
12-14-2023 Newshound Guru Clare Article: "Iraq agrees with the UAE to launch financial transfer and trade financing operations between the two countries" Quote: "The Central Bank stated in a statement...that Central Bank Governor Ali Mohsen Al-Alaq met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Hana Al Rostamani, indicating that during the meeting it was agreed to launch financial transfer operations between the two countries and finance trade and imports between them. Iraq and the United Arab Emirates in the UAE dirham currency through First Abu Dhabi Bank"
12-14-2023 Newshound Guru Militia Man Iraq is presenting that they're going international and they have been talking about it for a long period of time. They've actually doing it for a long period of time and they're coming to fruition to where they've publicly told us they were going to start spending money and that could be as soon as around the 20th. Then you have the end of the year dinar only. They have the taxation in dinar on the same time frame. These little bits and pieces they feed us, their time frames, we put it together...and we'll see how they roll out in the coming days. It's a phenomenal process...
12-14-2023 Intel Guru MarkZ [via PDK] Most of my Iraqi people think we are within a couple of days. My banking people think we are within a couple of days. Just remember we don’t know the timing. But I am super excited.
12-14-2023 Intel Guru Frank26 Question: 'How fast do you think the rate will increase [Once it floats]?' Frank26: I always thought within a year. [Now] Anywhere within 3 to 6 months IMO.
12-14-2023 Newshound Guru Samson Article: "The Governor of the Central Bank visits the branch of the International Development Bank in Dubai"
12-14-2023 Newshound/Intel Guru Walkingstick Why only [spend] 20% [of their budget] in 11 months? IOO they're waiting for a new exchange rate. They're going to use their currency...pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing. IMO they are telling them all so they will understand where the monetary reform process is at at this moment.
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12-14-2023 Newshound Guru Pimpy When this thing happens and it's gonna happen...we have no idea about 2024. That doesn't mean it can't happen in 2024. I'm anticipating a rate change happening in the first quarter as they get away from using the dollar and they use the dinar more, as they start doing business with these countries they did a currency swap with, the demand for dinar will increase and is it'll go up in value.
12-14-2023 Intel Guru Frank26 [Beaver West Virginia Chase Bank Story] BANK STORY LADY: ...I got into the wealth department...The lady was very pleasant and nice and she said, ma'am I do have the currency...She explained they should be all set up a week from Friday. FRANK: I guess it's no secret. Bank Story Lady: I said I would love to be your customer. You respect me, I will respect you...I asked what would I need to do? She says just come right up in here to this branch office and we'll take care of you. FRANK: They're ready to do exchange with any foreign currency but they're not ready for the dinar until a week from this Friday. Bank Story Lady: ...I said I do have dinars, but I do have others...[she says] Yes ma'am we should be ready a week from Friday. FRANK: They didn't deny the dinar will be exchangeable, they told you we'll be ready for the dinar a week from this Friday...that's the 21st or 22nd...
12-14-2023 Newshound/Intel Guru Mnt Goat So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week. [Post 2 of 2]
12-14-2023 Newshound/Intel Guru Mnt Goat I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq. I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice. [Post 1 of 2....stay tuned]
12-14-2023 Intel Guru RayRen98 [via Babysmom] THE IMF STATED THEY ARE FINISHED WITH THE RV AND HAVE RELEASED EVERYTHING TO THE INDIVIDUAL COUNTRIES! WOOOOOOO HOOOOOO!
12-14-2023 Intel Guru Bruce [via WiserNow] I believe that's going to happen sooner than Christmas. Everything that we're getting yesterday and today is pointing toward this happening - Very soon...we are right at the precipice of this happening... I think we're looking at getting this done and having a wonderful Christmas moving into the new year with Prosperity.
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12-14-2023 Intel Guru Frank26 1 to 1 is stupid...Did they not say their desire is to be on par 1 to 1 with the American dollar? Did they not say their desire is to take that relationship and de-peg from the dollar and go into a basket where the dollar, ...instead of being pegged, will be paired with the dollar along with many other currencies...They told us that did they not? I didn't make this up in my imagination. This is the monetary reform plan...They told us about what is going to happen on the 1st...1 to 1 in a basket to start out with? No. IMO when it comes to calculating...look at inflation factors...M1, 2 and 3 figures ...No - 1 to 1 is stupid...it's ridiculous.
12-14-2023 Intel Guru MarkZ [via PDK] In Iraq: “Central Bank achieves a new step in the right direction to regulate foreign trade.” Also the CBI just wrapped up meetings with the US Treasury and the Federal Reserve about “Becoming International” and they are content with the changes they have made for Iraq to be fully recognized internationally.
12-14-2023 Newshound Guru Breitling Question: "These articles that keeps coming out where starting January 1st commercial transaction will only be in dinar - How significant is that? To me it sounds significant." Yeah, that's a big deal. It is. It's a super big deal because at a minimum it's the beginning of the end for them raising the value of their currency. It will be the beginning of it for sure.
12-14-2023 Newshound Guru Jeff You'll be able to go to 53rd Bank on the east coast [to exchange your dinar]. I've already consulted with them. You'll be able to exchange your foreign currency there and they won't charge you any fees to exchange your foreign currency..
12-14-2023 Newshound Guru Clare Article: "Iraq agrees with the UAE to launch financial transfer and trade financing operations between the two countries" Quote: "The Central Bank stated in a statement...that Central Bank Governor Ali Mohsen Al-Alaq met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Hana Al Rostamani, indicating that during the meeting it was agreed to launch financial transfer operations between the two countries and finance trade and imports between them. Iraq and the United Arab Emirates in the UAE dirham currency through First Abu Dhabi Bank"
12-14-2023 Newshound Guru Militia Man Iraq is presenting that they're going international and they have been talking about it for a long period of time. They've actually doing it for a long period of time and they're coming to fruition to where they've publicly told us they were going to start spending money and that could be as soon as around the 20th. Then you have the end of the year dinar only. They have the taxation in dinar on the same time frame. These little bits and pieces they feed us, their time frames, we put it together...and we'll see how they roll out in the coming days. It's a phenomenal process...
12-14-2023 Intel Guru MarkZ [via PDK] Most of my Iraqi people think we are within a couple of days. My banking people think we are within a couple of days. Just remember we don’t know the timing. But I am super excited.
12-14-2023 Intel Guru Frank26 Question: 'How fast do you think the rate will increase [Once it floats]?' Frank26: I always thought within a year. [Now] Anywhere within 3 to 6 months IMO.
12-14-2023 Newshound Guru Samson Article: "The Governor of the Central Bank visits the branch of the International Development Bank in Dubai"
12-14-2023 Newshound/Intel Guru Walkingstick Why only [spend] 20% [of their budget] in 11 months? IOO they're waiting for a new exchange rate. They're going to use their currency...pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing. IMO they are telling them all so they will understand where the monetary reform process is at at this moment.
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12-14-2023 Newshound Guru Pimpy When this thing happens and it's gonna happen...we have no idea about 2024. That doesn't mean it can't happen in 2024. I'm anticipating a rate change happening in the first quarter as they get away from using the dollar and they use the dinar more, as they start doing business with these countries they did a currency swap with, the demand for dinar will increase and is it'll go up in value.
12-14-2023 Intel Guru Frank26 [Beaver West Virginia Chase Bank Story] BANK STORY LADY: ...I got into the wealth department...The lady was very pleasant and nice and she said, ma'am I do have the currency...She explained they should be all set up a week from Friday. FRANK: I guess it's no secret. Bank Story Lady: I said I would love to be your customer. You respect me, I will respect you...I asked what would I need to do? She says just come right up in here to this branch office and we'll take care of you. FRANK: They're ready to do exchange with any foreign currency but they're not ready for the dinar until a week from this Friday. Bank Story Lady: ...I said I do have dinars, but I do have others...[she says] Yes ma'am we should be ready a week from Friday. FRANK: They didn't deny the dinar will be exchangeable, they told you we'll be ready for the dinar a week from this Friday...that's the 21st or 22nd...
12-14-2023 Newshound/Intel Guru Mnt Goat So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week. [Post 2 of 2]
12-14-2023 Newshound/Intel Guru Mnt Goat I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq. I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice. [Post 1 of 2....stay tuned]
12-14-2023 Intel Guru RayRen98 [via Babysmom] THE IMF STATED THEY ARE FINISHED WITH THE RV AND HAVE RELEASED EVERYTHING TO THE INDIVIDUAL COUNTRIES! WOOOOOOO HOOOOOO!
12-14-2023 Intel Guru Bruce [via WiserNow] I believe that's going to happen sooner than Christmas. Everything that we're getting yesterday and today is pointing toward this happening - Very soon...we are right at the precipice of this happening... I think we're looking at getting this done and having a wonderful Christmas moving into the new year with Prosperity.
12-13-2023 Intel Guru Frank26 Citizens are now being told in [Iraqi] banks about the monetary reform. Why? I told you there would be a massive campaign of education monetary reform...The banks are allowed to answer all the questions now.
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12-13-2023 Newshound/Intel Guru Walkingstick Would you care, would you be upset, would you throw a tantrum if the Iraqi dinar came out at $0.50? No because it's going to move fast...Once you set that beast out of the cage it will devour everything. Once you release the Iraqi dinar on an international market in an international basket, oh! That's the point we're trying to make. It's not the rate we seek...It is the release...into a basket.
12-13-2023 Newshound Guru Pimpy Question "Does Iraq need to change their exchange rate in order to be part of a currency basket?" In the news lately Iraq has talked about expanding their currency basket but somehow, some way, that ended up being that Iraq wanted to be part of a currency basket...I did the research...'In order for Iraq to be part of a currency basket it may need to consider changing its exchange rate.' Slow down. Don't get excited. It says, 'It may need to consider changing its exchange rate.'...If Iraq was actually being invited to join the currency basket then I would say with confidence Iraq must be doing very very good in order to be invited...
12-13-2023 Newshound Guru Breitling Question: "Does Iraq need to RI by December 31st in order to open their 2024 budget?" No. I get that question every year. I don't know why. Who's putting that out there?
12-13-2023 Newshound Guru Kaperoni It is a fact that Iraq could not float the currency under the current economic conditions it just wouldn't work. Especially with close to 90% dependence on oil.
12-13-2023 Newshound Guru Sandy Ingram Article: "CIA warns Baghdad of serious consequences if attacks against US personnel continue" Since October 17th the US presence in Syria and Iraq has been under constant threat.
12-13-2023 Newshound Guru Jeff Iraq's about to revalue their currency very soon...There are some major things coming forward starting next year...
12-13-2023 Intel Guru Frank26 I believe the new denominations, they're called lower denominations, will soon be shown to the citizens of Iraq.
12-13-2023 Newshound Guru Militia Man The dollar is going away between now and the 20th for commercial purposes. It will not be used as of the same data for taxation in the country... Will they still be able to buy dollars to travel...? Yes. Will they be able to use the dollar for transactions in country for commercial purposes? Answer, No. Will they be able to use any other currency other than the dinar for commercial purposes within the country as of January 1, 2024? ...the answer is no... Standby for this to get really exciting because everything we're seeing is telling me that we've never been here before...
12-13-2023 Intel Guru MarkZ [via PDK] In Iraq they are supposedly opening the 2023 budget on Dec. 20th and have to have it (supposedly) all spent between the 20th and the First of the year when they do their full de-dollarization. There are a whole lot of eyes on Iraq for the next few days leading up to the 20th... Something is happening. IMO. Comment: I hear the RV will be between the 15th and the 20th. MarkZ: A lot of people are agreeing with you right now.
12-13-2023 Newshound/Intel Guru Walkingstick What does it mean to float? ...It means the Iraqi dinar de-pegging [from the dollar] and pairing with a bunch of currencies in an international basket from the Middle East...The reason why they're adding it to a basket is to add value to the currency of Iraq via the international markets...The most important thing here is all of this international movements via this basket are being done with no restrictions...This rate will be determined by the amount of supply and demand of the currency of Iraq in that basket. You can already see that demand is astronomical with all the contracts that have been signed that want to come into the country of Iraq and invest...Currencies have already been swapped.
12-13-2023 Newshound Guru Pimpy They've been talking...for the past couple weeks or even couple months - They want people now to start taking pride in their currency, start using their currency. Their goal is to strengthen Iraqi dinar and one of the steps they needed to do was get rid of the US dollar.
12-13-2023 Intel Guru Frank26 Article: "Parliamentary Finance: Spending only 20% of the current year’s budget" Quote: "the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20" IF THE EXCHANGE RATE DOES NOT GIVE VALUE TO THE DINAR THEN THE GOI/CBI WILL SUFFOCATE EVERYTHING IN IRAQ! Quote: "He pointed out that the government's move towards currencies other than the dollar will facilitate the issue of trade" THIS IS THE INTERNATIONAL BASKET!
12-13-2023 Newshound/Intel Guru Mnt Goat ...just recently Iraq now began broadcasting news in-country to the citizens that the dinar is an “issue of a homeland” in a real way...a patriotic video...is telling the people that the dinar is valuable and will revitalize the nation...It DOES NOT say the dinar is going to be stronger than the dollar, but it does tell the citizens they should be very proud of their national currency and that it is very valuable. Valuable at 1/6 of a penny? ...something BIG is about to happen with the dinar...
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12-13-2023 Newshound/Intel Guru Walkingstick Would you care, would you be upset, would you throw a tantrum if the Iraqi dinar came out at $0.50? No because it's going to move fast...Once you set that beast out of the cage it will devour everything. Once you release the Iraqi dinar on an international market in an international basket, oh! That's the point we're trying to make. It's not the rate we seek...It is the release...into a basket.
12-13-2023 Newshound Guru Pimpy Question "Does Iraq need to change their exchange rate in order to be part of a currency basket?" In the news lately Iraq has talked about expanding their currency basket but somehow, some way, that ended up being that Iraq wanted to be part of a currency basket...I did the research...'In order for Iraq to be part of a currency basket it may need to consider changing its exchange rate.' Slow down. Don't get excited. It says, 'It may need to consider changing its exchange rate.'...If Iraq was actually being invited to join the currency basket then I would say with confidence Iraq must be doing very very good in order to be invited...
12-13-2023 Newshound Guru Breitling Question: "Does Iraq need to RI by December 31st in order to open their 2024 budget?" No. I get that question every year. I don't know why. Who's putting that out there?
12-13-2023 Newshound Guru Kaperoni It is a fact that Iraq could not float the currency under the current economic conditions it just wouldn't work. Especially with close to 90% dependence on oil.
12-13-2023 Newshound Guru Sandy Ingram Article: "CIA warns Baghdad of serious consequences if attacks against US personnel continue" Since October 17th the US presence in Syria and Iraq has been under constant threat.
12-13-2023 Newshound Guru Jeff Iraq's about to revalue their currency very soon...There are some major things coming forward starting next year...
12-13-2023 Intel Guru Frank26 I believe the new denominations, they're called lower denominations, will soon be shown to the citizens of Iraq.
12-13-2023 Newshound Guru Militia Man The dollar is going away between now and the 20th for commercial purposes. It will not be used as of the same data for taxation in the country... Will they still be able to buy dollars to travel...? Yes. Will they be able to use the dollar for transactions in country for commercial purposes? Answer, No. Will they be able to use any other currency other than the dinar for commercial purposes within the country as of January 1, 2024? ...the answer is no... Standby for this to get really exciting because everything we're seeing is telling me that we've never been here before...
12-13-2023 Intel Guru MarkZ [via PDK] In Iraq they are supposedly opening the 2023 budget on Dec. 20th and have to have it (supposedly) all spent between the 20th and the First of the year when they do their full de-dollarization. There are a whole lot of eyes on Iraq for the next few days leading up to the 20th... Something is happening. IMO. Comment: I hear the RV will be between the 15th and the 20th. MarkZ: A lot of people are agreeing with you right now.
12-13-2023 Newshound/Intel Guru Walkingstick What does it mean to float? ...It means the Iraqi dinar de-pegging [from the dollar] and pairing with a bunch of currencies in an international basket from the Middle East...The reason why they're adding it to a basket is to add value to the currency of Iraq via the international markets...The most important thing here is all of this international movements via this basket are being done with no restrictions...This rate will be determined by the amount of supply and demand of the currency of Iraq in that basket. You can already see that demand is astronomical with all the contracts that have been signed that want to come into the country of Iraq and invest...Currencies have already been swapped.
12-13-2023 Newshound Guru Pimpy They've been talking...for the past couple weeks or even couple months - They want people now to start taking pride in their currency, start using their currency. Their goal is to strengthen Iraqi dinar and one of the steps they needed to do was get rid of the US dollar.
12-13-2023 Intel Guru Frank26 Article: "Parliamentary Finance: Spending only 20% of the current year’s budget" Quote: "the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20" IF THE EXCHANGE RATE DOES NOT GIVE VALUE TO THE DINAR THEN THE GOI/CBI WILL SUFFOCATE EVERYTHING IN IRAQ! Quote: "He pointed out that the government's move towards currencies other than the dollar will facilitate the issue of trade" THIS IS THE INTERNATIONAL BASKET!
12-13-2023 Newshound/Intel Guru Mnt Goat ...just recently Iraq now began broadcasting news in-country to the citizens that the dinar is an “issue of a homeland” in a real way...a patriotic video...is telling the people that the dinar is valuable and will revitalize the nation...It DOES NOT say the dinar is going to be stronger than the dollar, but it does tell the citizens they should be very proud of their national currency and that it is very valuable. Valuable at 1/6 of a penny? ...something BIG is about to happen with the dinar...
12-12-2023 Intel Guru Frank26 As an investor [in Iraqi dinar] there's only one thing left for you [to do]. Wait. But, 'Frank, I'm been waiting forever.' Not this time around. Wait for it with your eyes wide open.
12-12-2023 Newshound Guru Militia Man Article: "Samsung: Iraq represents the most prominent market in the Middle East" The Iraqi markets are going to explode. Samsung is going to be there all along the way. They will not be alone be sure. Having an early start is a big deal...Iraq's private sector is going to be on fire.
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12-12-2023 Newshound/Intel Guru Walkingstick The 1st of January is when no other currency will be used by Iraqi citizens inside the country except their own currency. Don't you think that's a clue! They are pretty much telling you without telling you. Can you pick up on this intent? You don't have to be a detective to pick up on a clue like this!
12-12-2023 Newshound Guru Pimpy Shortage of liquidity...Iraq has been plagued by political instability...the ongoing conflict with the terrorist groups ISIS as well as tensions between Kurdistan and the central government this has disrupted the economic activity and discouraged investors. Iraq's economy is not diversified enough. This makes the country vulnerable to fluctuations in the global oil prices. Iraq has dealt with inflation which has eroded the purchasing power of the Iraqi dinar...Iraq has limited access to international financial markets...These factors had contributed to the liquidity shortage in Iraq. Of course this has had a negative impact on Iraq's economy.
12-12-2023 Newshound Guru Breitling US dollar, Iraqi dinar - they have one of the biggest US dollar reserves on the planet. And that's what backs up their dinar (outside of their energy sales). They are not de-dollarizing to do business internationally without using the dollar...they're not getting rid of the US dollar. It's still part of their reserve. If they're going to sell oil to the United States they're going to use the US dollar...
12-12-2023 Newshound Guru Clare Article: "Samsung: Iraq represents the most prominent market in the Middle East"
12-12-2023 Newshound Guru Militia Man Al Sudani has established a "Unique private sector development council..." ...Giving credibility to the private sector is getting ready to explode. It's going to be phenomenal.
12-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Here's a problem they are talking to us about. They're calling it cash hoarding ...They presented it to us as dinar mattresses. They're saying the cash hoarding hits an all time high here in Iraq. The television report says despite the inflation people are still hoarding the Iraqi dinar. FRANK: Yeah, but not for long because they are going in to open accounts...bringing in the 3-zeros.
12-12-2023 Newshound/Intel Guru Walkingstick You are going to keep hearing more and more about the monetary reform education until they announce it. This monetary reform was once a secret but...now they're flat out telling you. That which was once a secret is no longer needed to be a secret. The secret is no more.
12-12-2023 Newshound Guru Pimpy Nowhere and I mean nowhere out there is there proof the US dollar now equals $1.39 Iraqi dinars.
12-12-2023 Intel Guru MarkZ There is nothing negative. Some folks are still thinking it will happen mid-month while others think it will be the first of January. Either way –there is nothing negative right now. In fact everything is very positive.
12-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's a campaign. They are doing this constantly. They keep telling us they want to build up the dinar and make it the gateway of the country. That's what they're telling us - Strength. FRANK: Is this strength at a program rate? Of course not.
12-12-2023 Newshound/Intel Guru Mnt Goat Article Quote: “covering imports from retailers Turkey in tens of millions of euros, through Iraqi merchants paying in Iraqi dinars and the Central Bank strengthening them in euros to settle with Turkish merchants in Turkish lira.” ...WOW! WOW! WOW! Iraq is paying for imports in dinars. We have been waiting for this news for so long now, almost 17 years... We also previously heard that Iraq is trading with Iran in dinars too... this is all VERY GOOD news as this is how international trade should work...
12-12-2023 Intel Guru MarkZ [via PDK] Bank story...sent to me…: A couple of weeks ago I had a team meeting with a VP of a bank. This is a smaller bank. They wanted to know which bonds and currencies I had. They needed to know what I had – in order to set up my appointment and see if they could handle my (exchange) apt. there or if they needed to send them to a larger bank. (Like Wells Fargo) or a military base. So this was a “sit-down” with a high level person at a small bank.
12-12-2023 Newshound Guru Militia Man Article: "Samsung: Iraq represents the most prominent market in the Middle East" The Iraqi markets are going to explode. Samsung is going to be there all along the way. They will not be alone be sure. Having an early start is a big deal...Iraq's private sector is going to be on fire.
12-12-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. We've discovered a fun way to get some. We can even make some money together too if you want. Discover how to double your purchasing power without changing anything you already do in this quick 3 minute video. Click here to learn more >>
12-12-2023 Newshound/Intel Guru Walkingstick The 1st of January is when no other currency will be used by Iraqi citizens inside the country except their own currency. Don't you think that's a clue! They are pretty much telling you without telling you. Can you pick up on this intent? You don't have to be a detective to pick up on a clue like this!
12-12-2023 Newshound Guru Pimpy Shortage of liquidity...Iraq has been plagued by political instability...the ongoing conflict with the terrorist groups ISIS as well as tensions between Kurdistan and the central government this has disrupted the economic activity and discouraged investors. Iraq's economy is not diversified enough. This makes the country vulnerable to fluctuations in the global oil prices. Iraq has dealt with inflation which has eroded the purchasing power of the Iraqi dinar...Iraq has limited access to international financial markets...These factors had contributed to the liquidity shortage in Iraq. Of course this has had a negative impact on Iraq's economy.
12-12-2023 Newshound Guru Breitling US dollar, Iraqi dinar - they have one of the biggest US dollar reserves on the planet. And that's what backs up their dinar (outside of their energy sales). They are not de-dollarizing to do business internationally without using the dollar...they're not getting rid of the US dollar. It's still part of their reserve. If they're going to sell oil to the United States they're going to use the US dollar...
12-12-2023 Newshound Guru Clare Article: "Samsung: Iraq represents the most prominent market in the Middle East"
12-12-2023 Newshound Guru Militia Man Al Sudani has established a "Unique private sector development council..." ...Giving credibility to the private sector is getting ready to explode. It's going to be phenomenal.
12-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Here's a problem they are talking to us about. They're calling it cash hoarding ...They presented it to us as dinar mattresses. They're saying the cash hoarding hits an all time high here in Iraq. The television report says despite the inflation people are still hoarding the Iraqi dinar. FRANK: Yeah, but not for long because they are going in to open accounts...bringing in the 3-zeros.
12-12-2023 Newshound/Intel Guru Walkingstick You are going to keep hearing more and more about the monetary reform education until they announce it. This monetary reform was once a secret but...now they're flat out telling you. That which was once a secret is no longer needed to be a secret. The secret is no more.
12-12-2023 Newshound Guru Pimpy Nowhere and I mean nowhere out there is there proof the US dollar now equals $1.39 Iraqi dinars.
12-12-2023 Intel Guru MarkZ There is nothing negative. Some folks are still thinking it will happen mid-month while others think it will be the first of January. Either way –there is nothing negative right now. In fact everything is very positive.
12-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's a campaign. They are doing this constantly. They keep telling us they want to build up the dinar and make it the gateway of the country. That's what they're telling us - Strength. FRANK: Is this strength at a program rate? Of course not.
12-12-2023 Newshound/Intel Guru Mnt Goat Article Quote: “covering imports from retailers Turkey in tens of millions of euros, through Iraqi merchants paying in Iraqi dinars and the Central Bank strengthening them in euros to settle with Turkish merchants in Turkish lira.” ...WOW! WOW! WOW! Iraq is paying for imports in dinars. We have been waiting for this news for so long now, almost 17 years... We also previously heard that Iraq is trading with Iran in dinars too... this is all VERY GOOD news as this is how international trade should work...
12-12-2023 Intel Guru MarkZ [via PDK] Bank story...sent to me…: A couple of weeks ago I had a team meeting with a VP of a bank. This is a smaller bank. They wanted to know which bonds and currencies I had. They needed to know what I had – in order to set up my appointment and see if they could handle my (exchange) apt. there or if they needed to send them to a larger bank. (Like Wells Fargo) or a military base. So this was a “sit-down” with a high level person at a small bank.
12-11-2023 Intel Guru Frank26 Question: "Is there a bank in the US to keep dinars deposited in dinars?" No. Not even the satellite banks that will represent the CBI because they will be under American banking laws. Which means they will have to convert it into American dollars. That's what they want to do because they will take your dinars and send it back to the CBI. If you go to Chase, Huntington Bank, whatever American bank, those dinars go to our US reserves.
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12-11-2023 Newshound Guru Pimpy There are some people who are unclear ... when I say Iraq is relying too much on oil. This is an issue. That's why there's no stability in the economy of Iraq. When 95% of your economy is based on oil sales then there's always a potential for the economy to take a dive if for some reason oil prices drop on Iraq. We saw that happen in 2019/2020 when the oil prices dropped...It also affected their liquidity...Iraq has set the price per barrel of oil in the budget at $70 per barrel and right now Brent crude oil is selling at $71. This is not good. If it slips any more then Iraq is going to definitely be running in a deficit which you don't want.
12-11-2023 Intel Guru MarkZ [via PDK] Banking people are telling us we are in the window between now and the first of the year.
12-11-2023 Newshound Guru Clare Article: "Iraq requests US Treasury assistance in tracking the funds of Saddam Hussein's regime"
12-11-2023 Newshound Guru Militia Man If the Finance Minister needs to work to the end of the year to make sure that everything's sorted and ready to go and do it right and do it properly so the Iraqi citizens get what they deserve which is purchasing power. I think it's a phenomenal situation. I think everybody can clearly see...they're doing it and it's coming to fruition...
12-11-2023 Guru Nader From The Mid East It's a very good video [Central Bank Iraqi's dinar propaganda/advertisement video that came out Friday - you can see it below Guru Frank26's 12-8-2023 post] . I like it a lot...It's an advertisement for Iraq to use only Iraqi dinars. That's very very very good thing. That's big big step. Big step we taken. It's not bad...I said it before and I'm repeating it, in January things it's going to change big, big, big, time. Big time. If I was you, I'll be ready.
12-11-2023 Intel Guru Frank26 IMO the CBI meetings is in Dubai of all places. It's pretty obvious why. Iraq is going to become a Dubai.
12-11-2023 Newshound Guru Pimpy They've been talking now for several months about needing to strengthen the Iraqi dinar, doing what they need to do to close the gap between the official rate and the parallel market. One of the steps they need to do...is to stop using dual currencies...do away with the US dollar and just use strictly Iraqi dinar. They've been taking steps to make that happen. They had already started it in...government buildings...but now as of January 1, 2024 that's going to be the start of the nation...strictly using Iraqi dinar...to me this is a great step moving forward for Iraq. But it's one of many steps they have to take...
12-11-2023 Intel Guru Wolverine ...The big meeting in Dubai is finished now – everything is ready. Iraq is ready. They should be ready to celebrate. Then so should we. My Whale said it all looks good, everything is moving. By Mon. 11 Dec. they will be celebrating in Iraq and it is my opinion that so should we.”
12-11-2023 Newshound Guru Sandy Ingram [We] tried to ignore this news however, that is not possible Article: "Iraqi PM places security forces under investigation over US embassy attack" Iraq is doing what they can, but have not been able to stop the attacks against American Forces in Iraq. Article: "Iran-backed militia vows more attacks after US Embassy in Iraq comes under fire" When you attack the embassy of another country, this is far more serious.
12-11-2023 Intel Guru MarkZ [via PDK] ...I am hearing the push is to be well underway by [January]. I’m hearing they still want money moving by Christmas. But nobody knows the timing…
12-11-2023 Intel Guru Frank26 We're at the stage now where there's no need to look for anything. There's a need to watch everything that's coming out. Everything that's going to be coming out is the ambrosia of our study, the reward of our years of studying together.
12-11-2023 Newshound Guru Pimpy Rumor the exchange rate had changed. It has not changed...It doesn't make sense for them to change the exchange rate in one location and not another. What's to keep people from taking their Iraqi dinar to the new 1 to 1 location, exchanging their currency, getting tons of money, running back over to another location that has not yet changed the exchange rate, buy more cheap Iraqi dinar, then run back over to the new exchange rate...You're making millions of dollars. This is why you'll never hear, 'Oh, they have an in-country rate and out-country rate.' No, the rate is the same. That doesn't make any sense whatsoever...no where out there is there a location where it's 1 to 1 and not at other locations.
12-11-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY INVESTMENT AND DEVELOPMENT: THE INDUSTRIAL INVESTMENT LAW WILL BE APPROVED DURING THIS SESSION" Quote: "...the Industrial Investment Law has completed its first and second readings, and is ready for a vote in the House of Representatives during the current session..." This Industrial Investment Law goes hand in hand with the revaluation of the dinar and rebuilding of the economy. You can see it all coming together and 2024 will be explosive...
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12-11-2023 Newshound Guru Pimpy There are some people who are unclear ... when I say Iraq is relying too much on oil. This is an issue. That's why there's no stability in the economy of Iraq. When 95% of your economy is based on oil sales then there's always a potential for the economy to take a dive if for some reason oil prices drop on Iraq. We saw that happen in 2019/2020 when the oil prices dropped...It also affected their liquidity...Iraq has set the price per barrel of oil in the budget at $70 per barrel and right now Brent crude oil is selling at $71. This is not good. If it slips any more then Iraq is going to definitely be running in a deficit which you don't want.
12-11-2023 Intel Guru MarkZ [via PDK] Banking people are telling us we are in the window between now and the first of the year.
12-11-2023 Newshound Guru Clare Article: "Iraq requests US Treasury assistance in tracking the funds of Saddam Hussein's regime"
12-11-2023 Newshound Guru Militia Man If the Finance Minister needs to work to the end of the year to make sure that everything's sorted and ready to go and do it right and do it properly so the Iraqi citizens get what they deserve which is purchasing power. I think it's a phenomenal situation. I think everybody can clearly see...they're doing it and it's coming to fruition...
12-11-2023 Guru Nader From The Mid East It's a very good video [Central Bank Iraqi's dinar propaganda/advertisement video that came out Friday - you can see it below Guru Frank26's 12-8-2023 post] . I like it a lot...It's an advertisement for Iraq to use only Iraqi dinars. That's very very very good thing. That's big big step. Big step we taken. It's not bad...I said it before and I'm repeating it, in January things it's going to change big, big, big, time. Big time. If I was you, I'll be ready.
12-11-2023 Intel Guru Frank26 IMO the CBI meetings is in Dubai of all places. It's pretty obvious why. Iraq is going to become a Dubai.
12-11-2023 Newshound Guru Pimpy They've been talking now for several months about needing to strengthen the Iraqi dinar, doing what they need to do to close the gap between the official rate and the parallel market. One of the steps they need to do...is to stop using dual currencies...do away with the US dollar and just use strictly Iraqi dinar. They've been taking steps to make that happen. They had already started it in...government buildings...but now as of January 1, 2024 that's going to be the start of the nation...strictly using Iraqi dinar...to me this is a great step moving forward for Iraq. But it's one of many steps they have to take...
12-11-2023 Intel Guru Wolverine ...The big meeting in Dubai is finished now – everything is ready. Iraq is ready. They should be ready to celebrate. Then so should we. My Whale said it all looks good, everything is moving. By Mon. 11 Dec. they will be celebrating in Iraq and it is my opinion that so should we.”
12-11-2023 Newshound Guru Sandy Ingram [We] tried to ignore this news however, that is not possible Article: "Iraqi PM places security forces under investigation over US embassy attack" Iraq is doing what they can, but have not been able to stop the attacks against American Forces in Iraq. Article: "Iran-backed militia vows more attacks after US Embassy in Iraq comes under fire" When you attack the embassy of another country, this is far more serious.
12-11-2023 Intel Guru MarkZ [via PDK] ...I am hearing the push is to be well underway by [January]. I’m hearing they still want money moving by Christmas. But nobody knows the timing…
12-11-2023 Intel Guru Frank26 We're at the stage now where there's no need to look for anything. There's a need to watch everything that's coming out. Everything that's going to be coming out is the ambrosia of our study, the reward of our years of studying together.
12-11-2023 Newshound Guru Pimpy Rumor the exchange rate had changed. It has not changed...It doesn't make sense for them to change the exchange rate in one location and not another. What's to keep people from taking their Iraqi dinar to the new 1 to 1 location, exchanging their currency, getting tons of money, running back over to another location that has not yet changed the exchange rate, buy more cheap Iraqi dinar, then run back over to the new exchange rate...You're making millions of dollars. This is why you'll never hear, 'Oh, they have an in-country rate and out-country rate.' No, the rate is the same. That doesn't make any sense whatsoever...no where out there is there a location where it's 1 to 1 and not at other locations.
12-11-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY INVESTMENT AND DEVELOPMENT: THE INDUSTRIAL INVESTMENT LAW WILL BE APPROVED DURING THIS SESSION" Quote: "...the Industrial Investment Law has completed its first and second readings, and is ready for a vote in the House of Representatives during the current session..." This Industrial Investment Law goes hand in hand with the revaluation of the dinar and rebuilding of the economy. You can see it all coming together and 2024 will be explosive...
12-10-2023 Intel Guru Frank26 There's only one thing left on the CBI's and Sudani's part of the monetary reform...bring out the new exchange rate and the new national currency that belongs to the Iraqi citizens and to their future. That' the one thing that's left.
12-10-2023 Newshound Guru Pimpy Remember Iraq is an importing country, not like Vietnam who's exporting...They have room for the Iraqi dinar to grow. This will allow them allow them to bring in goods from around the world to the Iraqi people...
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12-10-2023 Newshound Guru Militia Man We've seen nothing but loans for salaries. Why? Because they haven't changed the exchange rate in my view. Projects haven't been paid. Why? Because they haven't changed the exchange rate. Why? Because they need specific time maybe? I'm not really sure. But...everything becomes cheaper once they change the exchange rate. Do they have a time frame for it? Of course they must...Alaq said they're done commercially with the dollar on the 1st of next month. We're going to have to be cautious and wise and pay close attention.
12-10-2023 Newshound Guru Breitling The inflation for Iraq is artificial inflation. You go back and look, How many customers did Iraq have back in the day? How much oil were they selling? What was the value of the currency back in those days? $3.22 value. How many customers do they have today? They have way more customers. They have more production. The price per barrel is more than in those days when it [the dinar] was $3.22. It's not a market bearing inflation, it's artificial inflation. They have more customers. They have a bigger reserve than they've ever had. One of the biggest in the world for the US dollar. That's the reality that you're looking at. You are sitting on a gold mine.
12-10-2023 Intel Guru Frank26 There is no more guessing. The World Bank has just told the whole world Iraq is about to raise the value of its currency.
12-10-2023 Newshound/Intel Guru Walkingstick Question: "Do you think the tellers [In Iraq] have the lower denoms?" No. "...Executive levels?" Yes. Samples and specimens and LDs only at executive levels right now...
12-10-2023 Newshound Guru Pimpy Question: "Article 140, HCL, Oil and Gas - RV ready?" Even if they pass that doesn't mean the RV is going to to happen. That's what I keep telling people...There are people out there...telling you, 'Yeah, once the HCL, oil and gas law passes then we're going to see an increase in the exchange rate.' They say that about everything. 'Well, the new budget, it's impossible for them to move forward without a higher exchange rate.' Or 'They can't get into the World Trade Organization without a higher exchange rate.' All those are lies. They can.
12-10-2023 Intel Guru RayRen98 [via Babysmom] ...MOST RECENT ANTICIPATED OPENING RATES AS PER RAY...DONG .47... DINAR 3.81...WE WON'T KNOW UNTIL THE DAY WE GO TO EXCHANGE WHAT THE CURRENT RATE IS...
12-10-2023 Newshound Guru Militia Man Article: "Encouraging the local currency and dealing with it in light of the current economic conditions the country is experiencing is an important issue especially with the government's intention to strengthen the Iraqi dinar against other hard currencies especially the dollar..." They're educating them. All these things are fascinating. It's happening before our eyes.
12-10-2023 Intel Guru Frank26 Question: "How long will we have to exchange IYO?" The American dollar 3-zero notes are still legal tender. They're from the turn of last century! We still have 3-zero notes...and they've never been expired. But in this case it's different. IMO I think they'll probably give you within a year. Therefore it could be a year, six months, 3 months...
12-10-2023 Newshound Guru Pimpy [Response to the the new Iraqi Dinar Commercial video...See Frank26's 10-8-2023 post below to watch it.] The video shouldn't be shocking to anybody. The video that was released is only supporting what we've been reading over the last couple months - That Iraq was going to start taking pride in their currency, the government wants to encourage them to take pride in their currency, they want them to start getting away from using the US dollar and start using Iraqi dinar and together they'll do what it take to strengthen the Iraqi dinar...Nice little commercial...
12-10-2023 Newshound/Intel Guru Mnt Goat ...the reinstatement is a multi-step process. First a new in-country rate of about 1:1, then the swap-out and then a move to FOREX. It is this move to FOREX we want and I cannot also emphasize this enough. There will NEVER be two rates...Once the reinstatement occurs the program rate stuff goes away....Then the CBI will also link to and reference the FOREX rate.
12-10-2023 Newshound Guru Pimpy Remember Iraq is an importing country, not like Vietnam who's exporting...They have room for the Iraqi dinar to grow. This will allow them allow them to bring in goods from around the world to the Iraqi people...
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12-10-2023 Newshound Guru Militia Man We've seen nothing but loans for salaries. Why? Because they haven't changed the exchange rate in my view. Projects haven't been paid. Why? Because they haven't changed the exchange rate. Why? Because they need specific time maybe? I'm not really sure. But...everything becomes cheaper once they change the exchange rate. Do they have a time frame for it? Of course they must...Alaq said they're done commercially with the dollar on the 1st of next month. We're going to have to be cautious and wise and pay close attention.
12-10-2023 Newshound Guru Breitling The inflation for Iraq is artificial inflation. You go back and look, How many customers did Iraq have back in the day? How much oil were they selling? What was the value of the currency back in those days? $3.22 value. How many customers do they have today? They have way more customers. They have more production. The price per barrel is more than in those days when it [the dinar] was $3.22. It's not a market bearing inflation, it's artificial inflation. They have more customers. They have a bigger reserve than they've ever had. One of the biggest in the world for the US dollar. That's the reality that you're looking at. You are sitting on a gold mine.
12-10-2023 Intel Guru Frank26 There is no more guessing. The World Bank has just told the whole world Iraq is about to raise the value of its currency.
12-10-2023 Newshound/Intel Guru Walkingstick Question: "Do you think the tellers [In Iraq] have the lower denoms?" No. "...Executive levels?" Yes. Samples and specimens and LDs only at executive levels right now...
12-10-2023 Newshound Guru Pimpy Question: "Article 140, HCL, Oil and Gas - RV ready?" Even if they pass that doesn't mean the RV is going to to happen. That's what I keep telling people...There are people out there...telling you, 'Yeah, once the HCL, oil and gas law passes then we're going to see an increase in the exchange rate.' They say that about everything. 'Well, the new budget, it's impossible for them to move forward without a higher exchange rate.' Or 'They can't get into the World Trade Organization without a higher exchange rate.' All those are lies. They can.
12-10-2023 Intel Guru RayRen98 [via Babysmom] ...MOST RECENT ANTICIPATED OPENING RATES AS PER RAY...DONG .47... DINAR 3.81...WE WON'T KNOW UNTIL THE DAY WE GO TO EXCHANGE WHAT THE CURRENT RATE IS...
12-10-2023 Newshound Guru Militia Man Article: "Encouraging the local currency and dealing with it in light of the current economic conditions the country is experiencing is an important issue especially with the government's intention to strengthen the Iraqi dinar against other hard currencies especially the dollar..." They're educating them. All these things are fascinating. It's happening before our eyes.
12-10-2023 Intel Guru Frank26 Question: "How long will we have to exchange IYO?" The American dollar 3-zero notes are still legal tender. They're from the turn of last century! We still have 3-zero notes...and they've never been expired. But in this case it's different. IMO I think they'll probably give you within a year. Therefore it could be a year, six months, 3 months...
12-10-2023 Newshound Guru Pimpy [Response to the the new Iraqi Dinar Commercial video...See Frank26's 10-8-2023 post below to watch it.] The video shouldn't be shocking to anybody. The video that was released is only supporting what we've been reading over the last couple months - That Iraq was going to start taking pride in their currency, the government wants to encourage them to take pride in their currency, they want them to start getting away from using the US dollar and start using Iraqi dinar and together they'll do what it take to strengthen the Iraqi dinar...Nice little commercial...
12-10-2023 Newshound/Intel Guru Mnt Goat ...the reinstatement is a multi-step process. First a new in-country rate of about 1:1, then the swap-out and then a move to FOREX. It is this move to FOREX we want and I cannot also emphasize this enough. There will NEVER be two rates...Once the reinstatement occurs the program rate stuff goes away....Then the CBI will also link to and reference the FOREX rate.
12-9-2023 Intel Guru Frank26 Of course they [the banks] are going to verify it [your dinars upon exchange]. I love when people say, 'Hey Frank I need my Certificate of Authenticity...So I can give it to the guy at the bank to prove this is real dinars.' Who told you that? 'The guy that sold me the dinars...' When you take your dinars to a bank they are not going to say let me see your certificate of authenticity. They will tell you if they are real or not.
12-9-2023 Newshound Guru Militia Man Let's see how much stronger the dinar is over the dollar. Al-Sudani has stated..the dinar is going to be stronger than the dollar. That's the key focus in my view. I think it's powerful stuff.
12-9-2023 Newshound Guru Pimpy Community comment: "I disagree with your position. The dinar going up in increments doesn't help anyone." Sure does. It helps the Iraqi people. They get more purchasing power.
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12-9-2023 Newshound Guru Kaperoni A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation. It doesn't make sense...
12-9-2023 Intel Guru Frank26 The CBI meetings are in Dubai right now...they are coming to a conclusion. Were the CBI meetings discussing, should we use this rate, should we do this, this this, that? No. What they were discussing is, 'Are we going to release it on this date at this rate and this is what we have to do and this, this, this and this.' Okay! Now these meetings IMO are coming to a conclusion. Yeah, they are working a few things but it's over and done with.
12-9-2023 Intel Guru MarkZ [via PDK] I have one real positive banking story. A banker who was working at one of the large banks that is planning on being part of all of this…they work in wealth management...he figured out the RV was real and started buying currency. He switched jobs because of pressure and went to work at another bank in a lower level of wealth management …Well they told him they were preparing now for all of this…The RV and revaluations. This is another real world report from a member of our community telling us the banks are ready and this is real. This is very exciting to me...Upper level and mid level bankers are now being informed. I know of 5 stories like this just this month on people we personally know getting a “heads up” from bankers.
12-9-2023 Newshound Guru Breitling Question: "Why is the dinar still available for sale?" I'm assuming [you mean] internationally. Because of good ole fashioned capitalism.
12-9-2023 Newshound Guru Militia Man Article - "The Finance Minister to the employees of the budget department, No vacation until the end of the year. " In other words, stay working. We got work to do and it's probably likely going to be significantly more. Why? Because if they change the value of the exchange rate their budget is going have to be addressed in a big way...It's telling you the budget's going to be sorted by the end of the year. We're getting close...the year is coming quick.
12-9-2023 Newshound Guru Pimpy Article: "A matter of a homeland. A campaign to support the Iraqi dinar and make it the gateway to build the country." The quicker they do away with the dollar and start dealing only in their own currency is a huge step towards doing what they can to strengthening their own local currency against the US dollar. We know that's happening 1st of this January 2024. At least that's what they tell us.
12-9-2023 Intel Guru Frank26 [Iraq Kurdistan boots-on-the-ground report] SUPERGIRL: Dyaa got news 2 days ago from Iraqi news. They are removing the zeros but they didn't say when. FRANK: Bingo...! SUPERGIRL: He said it was BBC. News also said something about it...He did hear they are removing the zeros and they will change it to a one, 5, 10, 20 50... FRANK: Wow! Jackpot!
12-9-2023 Intel Guru MarkZ [via PDK] ...a little ad...has been rolling all over Iraqi television lately. Talking about the dinar and how great it is. They are running ads talking about the future of the dinar...
12-9-2023 Newshound/Intel Guru Mnt Goat Article Quote: “Encouraging and dealing with the local currency under the current economic conditions in the country is an important issue, especially with the government’s tendency to “strengthen” the Iraqi dinar against other hard currencies, especially the dollar, as well as seeking to present it first in order to be a “issue of a homeland” in a real way." They are telling us once again they must complete the currency reform first as in integral part of rebuilding...the economy and the country...Their goal is to have the dinar come out higher than the dollar. This is not a fairy tale or rumor. This is FACT...
12-9-2023 Newshound Guru Militia Man Let's see how much stronger the dinar is over the dollar. Al-Sudani has stated..the dinar is going to be stronger than the dollar. That's the key focus in my view. I think it's powerful stuff.
12-9-2023 Newshound Guru Pimpy Community comment: "I disagree with your position. The dinar going up in increments doesn't help anyone." Sure does. It helps the Iraqi people. They get more purchasing power.
12-9-2023 Get Extra Income Imagine two debit cards on a table…one red and one lime green. Each loaded with $1,000. The red card gets you $1,000 worth of stuff like normal. The green card gets you $2,000 worth of stuff. Which card do you want in your wallet? 61% of American adults live paycheck to paycheck.…Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. Uber turned people’s phones into an instant taxi business. Now you can turn your phone into a lucrative banking business. Up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Video Click here to learn more >>
12-9-2023 Newshound Guru Kaperoni A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation. It doesn't make sense...
12-9-2023 Intel Guru Frank26 The CBI meetings are in Dubai right now...they are coming to a conclusion. Were the CBI meetings discussing, should we use this rate, should we do this, this this, that? No. What they were discussing is, 'Are we going to release it on this date at this rate and this is what we have to do and this, this, this and this.' Okay! Now these meetings IMO are coming to a conclusion. Yeah, they are working a few things but it's over and done with.
12-9-2023 Intel Guru MarkZ [via PDK] I have one real positive banking story. A banker who was working at one of the large banks that is planning on being part of all of this…they work in wealth management...he figured out the RV was real and started buying currency. He switched jobs because of pressure and went to work at another bank in a lower level of wealth management …Well they told him they were preparing now for all of this…The RV and revaluations. This is another real world report from a member of our community telling us the banks are ready and this is real. This is very exciting to me...Upper level and mid level bankers are now being informed. I know of 5 stories like this just this month on people we personally know getting a “heads up” from bankers.
12-9-2023 Newshound Guru Breitling Question: "Why is the dinar still available for sale?" I'm assuming [you mean] internationally. Because of good ole fashioned capitalism.
12-9-2023 Newshound Guru Militia Man Article - "The Finance Minister to the employees of the budget department, No vacation until the end of the year. " In other words, stay working. We got work to do and it's probably likely going to be significantly more. Why? Because if they change the value of the exchange rate their budget is going have to be addressed in a big way...It's telling you the budget's going to be sorted by the end of the year. We're getting close...the year is coming quick.
12-9-2023 Newshound Guru Pimpy Article: "A matter of a homeland. A campaign to support the Iraqi dinar and make it the gateway to build the country." The quicker they do away with the dollar and start dealing only in their own currency is a huge step towards doing what they can to strengthening their own local currency against the US dollar. We know that's happening 1st of this January 2024. At least that's what they tell us.
12-9-2023 Intel Guru Frank26 [Iraq Kurdistan boots-on-the-ground report] SUPERGIRL: Dyaa got news 2 days ago from Iraqi news. They are removing the zeros but they didn't say when. FRANK: Bingo...! SUPERGIRL: He said it was BBC. News also said something about it...He did hear they are removing the zeros and they will change it to a one, 5, 10, 20 50... FRANK: Wow! Jackpot!
12-9-2023 Intel Guru MarkZ [via PDK] ...a little ad...has been rolling all over Iraqi television lately. Talking about the dinar and how great it is. They are running ads talking about the future of the dinar...
12-9-2023 Newshound/Intel Guru Mnt Goat Article Quote: “Encouraging and dealing with the local currency under the current economic conditions in the country is an important issue, especially with the government’s tendency to “strengthen” the Iraqi dinar against other hard currencies, especially the dollar, as well as seeking to present it first in order to be a “issue of a homeland” in a real way." They are telling us once again they must complete the currency reform first as in integral part of rebuilding...the economy and the country...Their goal is to have the dinar come out higher than the dollar. This is not a fairy tale or rumor. This is FACT...
12-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's a campaign they told us today. They keep repeating it over and over. [See commercial video below from earlier today] It's a campaign they are doing they say to build up the dinar, to make it the gateway of the country. That's what they're telling us. They're adding strength to our currency. FRANK: I know what they are trying to tell you... Is there strength in a program rate? Of course not. They're preparing you...
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12-8-2023 Newshound Guru Pimpy Question: "Sudani on several occasions did say the dinar would be worth more than the US dollar...was he spreading more false hope to his worrying people?" I've heard him say that...not just him but a couple other people as well...but you don't pull a wand out of your butt and presto! You have to worry about all the repercussion from the change in the exchange rate. You could crash the economy. So they have to do it in increments. They're not going to do it overnight. I'd love to be wrong. I would love to do a video, 'Man I was wrong. Yahoo!'... But no, it's not going to happen. We will see it go up in increments.
12-8-2023 Intel Guru MarkZ [via PDK] The last news I got from people on the street over there is they are expecting a 1 to 1 in-country rate at any time. I very much believe [Guru] Frank and [Guru] Nader that there is already some using that rate within contractors/contracts…They would not be doing this is we were not close.
12-8-2023 Newshound Guru Clare Article: "The World Gold Council announced, on Thursday, that Iraq and 4 Arab countries possess more than one million tons of global gold reserves." Quote: "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 132.7 tons, which represents 7.7% of the rest of its other reserves."
12-8-2023 Newshound/Intel Guru Walkingstick IRAQI BANK FRIEND continues: They keep asking questions over and over again. Also the question people are asking a lot about, 'When? And how much?' But at the meeting we agreed that the banks are not to be given that information just yet, not even the upper echelon. The banks are saying, "In the very near future." These questions are due to the fact that it is no longer a secret...The monetary reform has been successful thus far. [Post 2 of 2]
12-8-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend update] IRAQI BANK FRIEND: The meetings we have had with the CBI we are learning the next steps. Also we talked about in the meeting we are seeing many people in Iraq now coming into the banks and asking questions and we have given the banks permission, they are now allowed to explain all about the monetary reform process and where it's at right now to the citizens as they ask...One of their biggest questions is, 'Is it true we are getting a new currency? Yes. Are we going to receive more purchasing power with this new currency? Yes. Are we going to see a change in our exchange rate? Yes. Is this why we are removing the dollar? Yes.' [Post 1 of 2....stay tuned]
12-8-2023 Intel Guru Frank26 Community comment "The future of Iraq is on the conference table in Dubai." You better believe it is...It doesn't get any more plainer. It doesn't get any more obvious.
12-8-2023 Intel Guru MarkZ [via PDK] Comment: Frank26...Says its 1 to 1 somewhere in Iraq. MarkZ: …and the 1 to 1 is expected to go higher. We do not know the exact timing but do know they are pushing for total de-dollarization around Jan 1st. And we know that the IMF slipped up and talked about the dinar revaluation coming and how Iraq is suddenly going to be great “importers of goods”...We know it’s really close for sure.
12-8-2023 Newshound Guru Militia Man Article "...A campaign to support the Iraqi dinar and make it the gateway to bustling the country." They're talking about the Iraqi dinar...They're not talking about the Euro ...[or] all the other currencies ...They're saying we're going to do trade in the dinar and it's going to be the gateway...
12-8-2023 Guru Nader From The Mid East They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1. [See the Iraqi dinar advertisement video under Guru Frank26's post below]
12-8-2023 Newshound/Intel Guru Mnt Goat I truly can hardly believe all the good news coming from Iraq. Maybe it’s not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks...
12-8-2023 Intel/Newshound Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Did you see this [sends video]? ...They are talking about how the dinar is about to become stronger. Then a commercial comes out talking about how strong the dinar is already and will be even stronger very soon...It's about the strength of the dinar, telling them to use it for everyday things and will only get stronger and stronger. [Watch video below] FRANK: You better be ready Iraqi citizens! In my interpretation of it...This is part of the monetary reform education they are teaching the Iraqi citizens that they will soon have value added to their currency...
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12-8-2023 Newshound Guru Pimpy Question: "Sudani on several occasions did say the dinar would be worth more than the US dollar...was he spreading more false hope to his worrying people?" I've heard him say that...not just him but a couple other people as well...but you don't pull a wand out of your butt and presto! You have to worry about all the repercussion from the change in the exchange rate. You could crash the economy. So they have to do it in increments. They're not going to do it overnight. I'd love to be wrong. I would love to do a video, 'Man I was wrong. Yahoo!'... But no, it's not going to happen. We will see it go up in increments.
12-8-2023 Intel Guru MarkZ [via PDK] The last news I got from people on the street over there is they are expecting a 1 to 1 in-country rate at any time. I very much believe [Guru] Frank and [Guru] Nader that there is already some using that rate within contractors/contracts…They would not be doing this is we were not close.
12-8-2023 Newshound Guru Clare Article: "The World Gold Council announced, on Thursday, that Iraq and 4 Arab countries possess more than one million tons of global gold reserves." Quote: "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 132.7 tons, which represents 7.7% of the rest of its other reserves."
12-8-2023 Newshound/Intel Guru Walkingstick IRAQI BANK FRIEND continues: They keep asking questions over and over again. Also the question people are asking a lot about, 'When? And how much?' But at the meeting we agreed that the banks are not to be given that information just yet, not even the upper echelon. The banks are saying, "In the very near future." These questions are due to the fact that it is no longer a secret...The monetary reform has been successful thus far. [Post 2 of 2]
12-8-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend update] IRAQI BANK FRIEND: The meetings we have had with the CBI we are learning the next steps. Also we talked about in the meeting we are seeing many people in Iraq now coming into the banks and asking questions and we have given the banks permission, they are now allowed to explain all about the monetary reform process and where it's at right now to the citizens as they ask...One of their biggest questions is, 'Is it true we are getting a new currency? Yes. Are we going to receive more purchasing power with this new currency? Yes. Are we going to see a change in our exchange rate? Yes. Is this why we are removing the dollar? Yes.' [Post 1 of 2....stay tuned]
12-8-2023 Intel Guru Frank26 Community comment "The future of Iraq is on the conference table in Dubai." You better believe it is...It doesn't get any more plainer. It doesn't get any more obvious.
12-8-2023 Intel Guru MarkZ [via PDK] Comment: Frank26...Says its 1 to 1 somewhere in Iraq. MarkZ: …and the 1 to 1 is expected to go higher. We do not know the exact timing but do know they are pushing for total de-dollarization around Jan 1st. And we know that the IMF slipped up and talked about the dinar revaluation coming and how Iraq is suddenly going to be great “importers of goods”...We know it’s really close for sure.
12-8-2023 Newshound Guru Militia Man Article "...A campaign to support the Iraqi dinar and make it the gateway to bustling the country." They're talking about the Iraqi dinar...They're not talking about the Euro ...[or] all the other currencies ...They're saying we're going to do trade in the dinar and it's going to be the gateway...
12-8-2023 Guru Nader From The Mid East They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1. [See the Iraqi dinar advertisement video under Guru Frank26's post below]
12-8-2023 Newshound/Intel Guru Mnt Goat I truly can hardly believe all the good news coming from Iraq. Maybe it’s not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks...
12-8-2023 Intel/Newshound Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Did you see this [sends video]? ...They are talking about how the dinar is about to become stronger. Then a commercial comes out talking about how strong the dinar is already and will be even stronger very soon...It's about the strength of the dinar, telling them to use it for everyday things and will only get stronger and stronger. [Watch video below] FRANK: You better be ready Iraqi citizens! In my interpretation of it...This is part of the monetary reform education they are teaching the Iraqi citizens that they will soon have value added to their currency...
Iraqi Dinar Advertisement Reported To Be
Playing On Iraqi TV Right Now.
Playing On Iraqi TV Right Now.
12-8-2023 Intel Guru MarkZ [via PDK] A banking story: A friend of mine in New Brunswick in Canada and is a dinar holder walked into one of the Scotia banks and asked a manager if they were Basel 3 and ISO 20022 compliant. He replied that they were… My friend went on to say that he was a dinar holder and asked the manager if he knew anything about the upcoming currency exchange/RV. The manager said that his staff is trained and ready for it. They are just waiting for the word...So there is a bank manager in Scotia who knows about the RV, is trained and ready for it….
12-7-2023 Newshound Guru Pimpy I'm anticipating an increase at somewhere around the first quarter of next year. The only reason why I think that is I'm paying attention to everything that Iraq is doing. I think because they're getting away from the dollar in 2024. Let's hope and see if they do it. In addition to that they have already started doing currency swaps with other counties which means they're going to start doing trade in each other's dollars. This is good. That's why I think we're going to start to see an increase somewhere around the 1st quarter of next year...
12-7-2023 Intel Guru MarkZ [via PDK] Comment: I saw where the World Bank basically acknowledged the imminent revaluation of the IQD. MarkZ: ...I did a deep dive this afternoon and reached out to boots on the ground over there and Well-Holy crap its confirmed. I guess they said to back off of Iraq as everything is settled and will soon be importing in a massive way. I am very tickled to find out this is accurate... I have verified that there was a slip of the tongue on Iraqi television about the dinar revaluing. But stay calm…it has not occurred yet. We do not know the timing. It could be a day or a week…but, this is absolutely huge.
12-7-2023 Intel Guru Frank26 Question/comment: "I recall you saying you're thinking about doing your exchange process at your home or attorney office." Yes I definitely plan to do my exchange more than likely in my own home. If a bank wants my dinars they are going to have to prove to me they want to take care of me and my dinars...They will not charge me anything to exchange it. How rude would that be? ...My attorney will come to my house. The bank will come to my house. They will collect my dinars we will sign papers, whatever, I have my account, paperwork. It's not that difficult.
12-7-2023 Newshound Guru Militia Man Bilateral trade...Multilateral trade, Multilateral banking - all of these things show Iraq is going international...I believe I'm going to be 100% right. The evidence is clear as day.
12-7-2023 Intel Guru MarkZ [via PDK] A member story: Former US congressman at a function in North Carolina this past weekend…They point blank asked the politician about some of the banking changes and if he owned any foreign currencies and was he familiar with the revaluation? The former congressman said absolutely. I have some. I bought the currency and it is absolutely real...when asked by our community member (who I have great respect for) he said (when asked about the dinar) I have some and we are expecting it. This is somebody with a high level of knowledge from the inside.
12-7-2023 Newshound Guru Kaperoni They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand. All of these processes and or steps required time.
12-7-2023 Newshound Guru Breitling Community Comment: "Obviously Iraq wants and is expanding their markets. The currency swaps with all these other countries are something new...Why now? Why would a country wish to participate with Iraq in a currency swap? For a currency worth 1/10th of a penny unless you saw the future of the dinar?" Bingo. Not just the future of the dinar, it's the future of the market that's inside of Iraq. The reason you're seeing the tempo of the currency swaps inside of Iraq is because they're pulling all the currencies out that are competing with the local currency, which is Iraqi dinar. From the local markets they're trying to pull every currency out - Euro, Dollar, it doesn't matter. They're pulling it all out. You can only use the Iraqi dinar. This is very very good news for us that this is happening...
12-7-2023 Intel Guru MarkZ [via PDK] (From Rod Steele) “The IMF was the hold up with some things taking a bit longer than expected. Yesterday they predicted a completion and release for today in Iraq. I guess we will see shortly.“
12-7-2023 Newshound Guru Pimpy Not only is Iraq tackling infrastructure - fixing the 10th largest port in the world, opening up one of the largest roads for interstate commerce, in addition to that they're meeting with companies with the opportunity to do business with them and meeting with other countries for the opportunity to do trade with them. As they continue to grow economically and become stronger...and they come up with alternative revenue outside of relying on oil if they could do away with corruption, stabilize their government, keep these idiots...from launching missiles at US soldiers, all this contributes to the strengthening of the Iraqi dinar and from there we'll start to see increases happening in increments as they go along.
12-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the IMF and the World Bank talking about Iraq and then the IMF kind of started talking bad about us...Iraq. Criticizing. Out of no where the World Bank stands up and says, 'Get off their backs. There is a plan in place and expect imports to bust wide open because soon as the dinar revalues...' YES the World Bank said this. The World Bank is saying the dinar revaluation will cause us to buy more imports because we have more purchasing power. They're telling us this! FRANK: It's no longer a secret...My goodness...this is straight from the horses mouth...This is basically an announcement...evidence. He said it.
12-7-2023 Newshound/Intel Guru Mnt Goat This gets more and more exciting with each call to Iraq [with CBI contact]. So, we know from past conversations that Iraq wants and needs to continue the process of the financial reform plan, of which the currency reform is a part of and a VERY high priority.
12-7-2023 Intel Guru MarkZ [via PDK] Article: “Vietnam and Japan establish comprehensive strategic partnership” Vietnam moved into the number 4 slot for trading partners for Japan. This means Vietnam is growing in trade and militarily. Vietnam and Turkey are also establishing much closer ties and swapping local currencies for trade. Vietnam is making big solid moves in the international economy.
12-7-2023 Intel Guru MarkZ [via PDK] Comment: I saw where the World Bank basically acknowledged the imminent revaluation of the IQD. MarkZ: ...I did a deep dive this afternoon and reached out to boots on the ground over there and Well-Holy crap its confirmed. I guess they said to back off of Iraq as everything is settled and will soon be importing in a massive way. I am very tickled to find out this is accurate... I have verified that there was a slip of the tongue on Iraqi television about the dinar revaluing. But stay calm…it has not occurred yet. We do not know the timing. It could be a day or a week…but, this is absolutely huge.
12-7-2023 Intel Guru Frank26 Question/comment: "I recall you saying you're thinking about doing your exchange process at your home or attorney office." Yes I definitely plan to do my exchange more than likely in my own home. If a bank wants my dinars they are going to have to prove to me they want to take care of me and my dinars...They will not charge me anything to exchange it. How rude would that be? ...My attorney will come to my house. The bank will come to my house. They will collect my dinars we will sign papers, whatever, I have my account, paperwork. It's not that difficult.
12-7-2023 Newshound Guru Militia Man Bilateral trade...Multilateral trade, Multilateral banking - all of these things show Iraq is going international...I believe I'm going to be 100% right. The evidence is clear as day.
12-7-2023 Intel Guru MarkZ [via PDK] A member story: Former US congressman at a function in North Carolina this past weekend…They point blank asked the politician about some of the banking changes and if he owned any foreign currencies and was he familiar with the revaluation? The former congressman said absolutely. I have some. I bought the currency and it is absolutely real...when asked by our community member (who I have great respect for) he said (when asked about the dinar) I have some and we are expecting it. This is somebody with a high level of knowledge from the inside.
12-7-2023 Newshound Guru Kaperoni They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand. All of these processes and or steps required time.
12-7-2023 Newshound Guru Breitling Community Comment: "Obviously Iraq wants and is expanding their markets. The currency swaps with all these other countries are something new...Why now? Why would a country wish to participate with Iraq in a currency swap? For a currency worth 1/10th of a penny unless you saw the future of the dinar?" Bingo. Not just the future of the dinar, it's the future of the market that's inside of Iraq. The reason you're seeing the tempo of the currency swaps inside of Iraq is because they're pulling all the currencies out that are competing with the local currency, which is Iraqi dinar. From the local markets they're trying to pull every currency out - Euro, Dollar, it doesn't matter. They're pulling it all out. You can only use the Iraqi dinar. This is very very good news for us that this is happening...
12-7-2023 Intel Guru MarkZ [via PDK] (From Rod Steele) “The IMF was the hold up with some things taking a bit longer than expected. Yesterday they predicted a completion and release for today in Iraq. I guess we will see shortly.“
12-7-2023 Newshound Guru Pimpy Not only is Iraq tackling infrastructure - fixing the 10th largest port in the world, opening up one of the largest roads for interstate commerce, in addition to that they're meeting with companies with the opportunity to do business with them and meeting with other countries for the opportunity to do trade with them. As they continue to grow economically and become stronger...and they come up with alternative revenue outside of relying on oil if they could do away with corruption, stabilize their government, keep these idiots...from launching missiles at US soldiers, all this contributes to the strengthening of the Iraqi dinar and from there we'll start to see increases happening in increments as they go along.
12-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the IMF and the World Bank talking about Iraq and then the IMF kind of started talking bad about us...Iraq. Criticizing. Out of no where the World Bank stands up and says, 'Get off their backs. There is a plan in place and expect imports to bust wide open because soon as the dinar revalues...' YES the World Bank said this. The World Bank is saying the dinar revaluation will cause us to buy more imports because we have more purchasing power. They're telling us this! FRANK: It's no longer a secret...My goodness...this is straight from the horses mouth...This is basically an announcement...evidence. He said it.
12-7-2023 Newshound/Intel Guru Mnt Goat This gets more and more exciting with each call to Iraq [with CBI contact]. So, we know from past conversations that Iraq wants and needs to continue the process of the financial reform plan, of which the currency reform is a part of and a VERY high priority.
12-7-2023 Intel Guru MarkZ [via PDK] Article: “Vietnam and Japan establish comprehensive strategic partnership” Vietnam moved into the number 4 slot for trading partners for Japan. This means Vietnam is growing in trade and militarily. Vietnam and Turkey are also establishing much closer ties and swapping local currencies for trade. Vietnam is making big solid moves in the international economy.
12-6-2023 Intel Guru Frank26 You don't have to go to a bank. There are other places you can go to. There will be other places and you'll find out. There are many places...It will not be just one bank. It will not be just one source. It will be diversified.
12-6-2023 Newshound Guru Militia Man Article quote 'They're preserving the foreign cash reserves of Iraq in the central bank so it's a benefit for the country thus they will control the movement of speculators on the black market putting pressure on the dollar circulating on the parallel market and unofficial outlets.' The black market, parallel market, the illicit market, whatever you want to call it is going bye-bye.
12-6-2023 Newshound Guru Pimpy Remember I told you I was aware that Iraq was sitting on the discovery of some oil fields and I had not heard anything about it in the news whatsoever...Article "Russia Takes Control of Iraq's Biggest Oil Discovery for 20 years" This is one of the discoveries I was talking about. There's more than one... Quote "preliminary estimates suggest Iraq's oil field holds between 7 and 10 billion barrels of reserves...oil price.com last week said the true figure may well be 50% more than the higher figure..."
12-6-2023 Guru Nader From The Mid East Question "Can you talk about the steps involved in cashing in dinars?" When exchange time comes we're going to have to go to three things - Redemption center, 1-800# or the army base. :) [Nader is clearly joking about these three things]...People are telling them that. That's wrong. The only thing you can do to change your money, walk to your bank, if they accept it, or go through exchange offices. There's no redemption centers, no army bases, there is no 1-800#s, nothing that way. [NOTE: Gurus disagree on the potential exchange procedures. Stay tuned to Dinar Guru as this important subject unfolds and become clear.]
12-6-2023 Newshound/Intel Guru Walkingstick What is occurring now is all about the numbers. It's not about some politician. It's not about some soldier. It's all about the numbers. It's not about parliament. It's not about the cabinet. It's not even about the prime minister. It's all about the numbers that the board of directors and the CBI are dealing with right now.
12-6-2023 Intel Guru Frank26 [Iraqi Kurdish region boots on the ground update] SUPERGIRL: I talk to my Kurdish friend, Dyaa got news two days ago from Iraqi news. They're saying to the citizens here they are removing the zeros but they didn't not say when...He heard from Iraqi news and he thinks it was BBC (British Broadcasting Company), it could have been CNN, he was not sure but he did hear they are removing the zeros an they will change it to a 1, 5, 10, 20, 50... FRANK: Wow, jackpot! I'm excited to see what he has to show you very soon...
12-6-2023 Intel Guru MarkZ [via PDK] It’s still eerily quiet from my contacts. I’m assuming they have again cracked down on leaks...Don’t take the “no news” as “bad news”. It’s all still positive...everyone agrees that “any moment now” is possible.
12-6-2023 Newshound Guru Clare Article: "Zain Cash relaunches the “Western Union” service" Quote: "In light of the rapid development in the world of financial transfers and a renewal of the company’s commitment to providing safe and reliable services to its customers, Zain Cash has relaunched the Western Union service after updating and developing it,"
12-6-2023 Newshound Guru Militia Man Article: "Al-Sudani...the time has come for our economy to be linked to the global economic cycle and...supports stability and industrial entrepreneurship and must...integrate with regional and international industries." There's all kinds of different things that are happening that are just off the charts powerful and support that this is coming to an end...
12-6-2023 Newshound Guru Pimpy Vietnam purposely keeps their rate low because they are an export country, unlike Iraq. Iraq is an import country so for Iraq it makes more sense for them to increase the value of their currency, unlike Vietnam.
12-6-2023 Intel Guru Frank26 [Bank story continued] FRANK26: Oh, snap! ...You talked to the most prefect individual, the Wealth Management Advisor Director of all the Chase Banks in America. Holy cow...Notice he wasn't in defensive posture. He wasn't in an angry mood...He had a straightforward conversation. BANK STORY PERSON: ...Me and my fiancé went November 28th, a couple days before I talked to the Chase guy and walked into my regular Wells Fargo branch...I asked if I could speak with the branch manager...the teller asked what is it in reference about? I said exchanging foreign currency. He said well if you're talking about the dinar it's not going to happen. He said I've talked to somebody really high up and it's not gonna happen... FRANK26: How in the world can we trust Wells Fargo when they are purposely lying to us? All they have to do is say no comment. That's it...they sold me dinars back in 2005. [Post 2 of 2]
12-6-2023 Intel Guru Frank26 [Virginia Chase Bank/Well Fargo Bank Story] FRANK26: What was the officer's position? The world financial advisers of Chase Bank, perfect guy to talk to. What happened when you walked into the bank? BANK STORY PERSON: I asked him if he ever heard of the Iraq dinar or Vietnamese dong. He said I have heard of both...He used to work for Wells-Fargo for 12 year...He told me when he was at Wells Fargo they were specifically told to tell everyone it was a scam. That's why obviously 95% of the population thinks it's a scam...He said I know Jamie Dimon [CEO of Chase Bank]...he did know that he supports the Iraqi's dinar 100%. He did know that. FRANK: Did he hint about the future with Chase and the Iraqi dinar? BANK STORY PERSON: He said he does know they will be exchanging the currency. [Post 1 of 2....stay tuned]
12-6-2023 Newshound/Intel Guru Mnt Goat Oh my gosh!!! I truly can hardly believe all the good news coming from Iraq this period. Maybe its not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks.
12-6-2023 Intel Guru MarkZ [via PDK] Question: I heard that the rate at banks would be different from those at redemption centers. Is this true? MarkZ: That is what we have been told. That the rates will be higher at redeeming banks/centers than if you just walked in off the streets. Question: Where are those redeeming banks? MarkZ: They will be all over. They could be right down the street from you. They are not going to give us redemption center locations until it is time to set appointments. For security reasons. It is a well guarded secret for now. Comment: I have seen photos of banks getting ready. MarkZ: IMO they are clearly gearing up.
12-6-2023 Newshound Guru Militia Man Article quote 'They're preserving the foreign cash reserves of Iraq in the central bank so it's a benefit for the country thus they will control the movement of speculators on the black market putting pressure on the dollar circulating on the parallel market and unofficial outlets.' The black market, parallel market, the illicit market, whatever you want to call it is going bye-bye.
12-6-2023 Newshound Guru Pimpy Remember I told you I was aware that Iraq was sitting on the discovery of some oil fields and I had not heard anything about it in the news whatsoever...Article "Russia Takes Control of Iraq's Biggest Oil Discovery for 20 years" This is one of the discoveries I was talking about. There's more than one... Quote "preliminary estimates suggest Iraq's oil field holds between 7 and 10 billion barrels of reserves...oil price.com last week said the true figure may well be 50% more than the higher figure..."
12-6-2023 Guru Nader From The Mid East Question "Can you talk about the steps involved in cashing in dinars?" When exchange time comes we're going to have to go to three things - Redemption center, 1-800# or the army base. :) [Nader is clearly joking about these three things]...People are telling them that. That's wrong. The only thing you can do to change your money, walk to your bank, if they accept it, or go through exchange offices. There's no redemption centers, no army bases, there is no 1-800#s, nothing that way. [NOTE: Gurus disagree on the potential exchange procedures. Stay tuned to Dinar Guru as this important subject unfolds and become clear.]
12-6-2023 Newshound/Intel Guru Walkingstick What is occurring now is all about the numbers. It's not about some politician. It's not about some soldier. It's all about the numbers. It's not about parliament. It's not about the cabinet. It's not even about the prime minister. It's all about the numbers that the board of directors and the CBI are dealing with right now.
12-6-2023 Intel Guru Frank26 [Iraqi Kurdish region boots on the ground update] SUPERGIRL: I talk to my Kurdish friend, Dyaa got news two days ago from Iraqi news. They're saying to the citizens here they are removing the zeros but they didn't not say when...He heard from Iraqi news and he thinks it was BBC (British Broadcasting Company), it could have been CNN, he was not sure but he did hear they are removing the zeros an they will change it to a 1, 5, 10, 20, 50... FRANK: Wow, jackpot! I'm excited to see what he has to show you very soon...
12-6-2023 Intel Guru MarkZ [via PDK] It’s still eerily quiet from my contacts. I’m assuming they have again cracked down on leaks...Don’t take the “no news” as “bad news”. It’s all still positive...everyone agrees that “any moment now” is possible.
12-6-2023 Newshound Guru Clare Article: "Zain Cash relaunches the “Western Union” service" Quote: "In light of the rapid development in the world of financial transfers and a renewal of the company’s commitment to providing safe and reliable services to its customers, Zain Cash has relaunched the Western Union service after updating and developing it,"
12-6-2023 Newshound Guru Militia Man Article: "Al-Sudani...the time has come for our economy to be linked to the global economic cycle and...supports stability and industrial entrepreneurship and must...integrate with regional and international industries." There's all kinds of different things that are happening that are just off the charts powerful and support that this is coming to an end...
12-6-2023 Newshound Guru Pimpy Vietnam purposely keeps their rate low because they are an export country, unlike Iraq. Iraq is an import country so for Iraq it makes more sense for them to increase the value of their currency, unlike Vietnam.
12-6-2023 Intel Guru Frank26 [Bank story continued] FRANK26: Oh, snap! ...You talked to the most prefect individual, the Wealth Management Advisor Director of all the Chase Banks in America. Holy cow...Notice he wasn't in defensive posture. He wasn't in an angry mood...He had a straightforward conversation. BANK STORY PERSON: ...Me and my fiancé went November 28th, a couple days before I talked to the Chase guy and walked into my regular Wells Fargo branch...I asked if I could speak with the branch manager...the teller asked what is it in reference about? I said exchanging foreign currency. He said well if you're talking about the dinar it's not going to happen. He said I've talked to somebody really high up and it's not gonna happen... FRANK26: How in the world can we trust Wells Fargo when they are purposely lying to us? All they have to do is say no comment. That's it...they sold me dinars back in 2005. [Post 2 of 2]
12-6-2023 Intel Guru Frank26 [Virginia Chase Bank/Well Fargo Bank Story] FRANK26: What was the officer's position? The world financial advisers of Chase Bank, perfect guy to talk to. What happened when you walked into the bank? BANK STORY PERSON: I asked him if he ever heard of the Iraq dinar or Vietnamese dong. He said I have heard of both...He used to work for Wells-Fargo for 12 year...He told me when he was at Wells Fargo they were specifically told to tell everyone it was a scam. That's why obviously 95% of the population thinks it's a scam...He said I know Jamie Dimon [CEO of Chase Bank]...he did know that he supports the Iraqi's dinar 100%. He did know that. FRANK: Did he hint about the future with Chase and the Iraqi dinar? BANK STORY PERSON: He said he does know they will be exchanging the currency. [Post 1 of 2....stay tuned]
12-6-2023 Newshound/Intel Guru Mnt Goat Oh my gosh!!! I truly can hardly believe all the good news coming from Iraq this period. Maybe its not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks.
12-6-2023 Intel Guru MarkZ [via PDK] Question: I heard that the rate at banks would be different from those at redemption centers. Is this true? MarkZ: That is what we have been told. That the rates will be higher at redeeming banks/centers than if you just walked in off the streets. Question: Where are those redeeming banks? MarkZ: They will be all over. They could be right down the street from you. They are not going to give us redemption center locations until it is time to set appointments. For security reasons. It is a well guarded secret for now. Comment: I have seen photos of banks getting ready. MarkZ: IMO they are clearly gearing up.
12-5-2023 Newshound Guru Pimpy We know elections are coming up and we know what happened last election. I'm not trying to jinx it but we're definitely hoping that everything goes a lot smoother than it did last election.
12-5-2023 Newshound Guru Militia Man In July Alaq the Central Bank governor said the project to delete the zeros off the currency exchange rate still exists. I think it's fascinating and awesome...
12-5-2023 Intel Guru Frank26 Article: "The President of the Republic: There is no dollar crisis in Iraq" OF COURSE NOT... THERE'S A NEW NATIONAL CURRENCY & A NEW EXCHANGE RATE COMING... AND EVERYONE KNOWS IT.
12-5-2023 Intel Guru MarkZ [via PDK] Iraq has...told us there will be no budget deficit in 2024. Next years budget starts Jan 1st. Without a revalued currency their deficit should be over $100 billion dollars…so the only way they cannot have a budget deficit is with a change of value in their currency …that is news worth reporting...And Iraq says they will be totally de-dollarized by Jan 1st. They are telling us what they are doing.
12-5-2023 Newshound Guru Clare Article: "Government source: Starting to implement the banking arrangements agreement with Türkiye” Quote: "The Central Bank has reinforced tens of millions of euros as an initial payment to cover retailers’ imports from Turkey."
12-5-2023 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] There is a meeting going on in Dubai...What they're doing is finalizing the exchange rate. They got the currency in position and what they need to do is...get the exchange rate in position too...
12-5-2023 Intel Guru Frank26 You are now standing on the grounds of the RD and you're soon to walk into the float. These are the steps. This is the journey you've taken whether your recognize it and understand it or not. The monetary reform is moving forward beautifully.
12-5-2023 Newshound Guru Breitling For Iraq it's not a question if more dollars are coming into Iraq, it's do the average citizens have access to them. That's what they're trying to fight...They want to take the dollar out so the supply times velocity of the dinar goes up.
12-5-2023 Newshound Guru Pimpy There's no 800 numbers. There's no redemption centers. There's no pay stations or however way you want to cleverly call these things. It's all bull crap...IQD is bought and sold the same way as all the other currencies. You can go to any currency exchange location and swap out your currencies or buy currencies there. Go to any international airport and they will have a currency exchange center there...No there's no special stations planted all around the world specifically for the IQD... [Post 2 of 2]
12-5-2023 Newshound Guru Pimpy 'Pay stations around the country where you can cash in your dinars' She's full of crap. Pay-stations? I guess that's the same as redemption centers, right? Let me put it this way, How does everybody else deal with other international currencies? Why would Iraq be special for some reason? It's not like Iraq's the only currency to be devalued and possibly revalued. All international currencies are done the same way. [Post 1 or 2...stay tuned]
12-5-2023 Intel Guru MarkZ [via PDK] Question: How do we hold on to faith when everyday is a groundhog day? MarkZ: The problem is we are trying to pick the timing of this historic event. We are looking at all the pieces and trying to guess the timing...You are watching it happen…all the greatest economic voices tell us it is coming…it is not a groundhog day even though we are not across the finish line yet.
12-5-2023 Newshound Guru Militia Man World Bank Article...the part here I like the most: "...an expected influx of imports driven by the dinar revaluation and the significant increase in government expenditures..." If you think about this for a minute if they give the citizens purchasing power are they not going to drive up an influx of imports because everybody has a little bit more money to maybe buy a new car, carpets, paint their house, build an addition to their home. They're going to have that extra money for those kids...The World Bank has an expectation of influx of imports due to what? '...Driven by the dinar revaluation...'
12-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says we are moving towards monetary sovereignty. FRANK: The reason they tell you this is because it's moving towards a monetary sovereign national currency that will replace the 3-zero notes that are worthless and also replace the American dollar...They're not hiding anything. It's not a secret. Everything is out in the open...
12-5-2023 Newshound/Intel Guru Mnt Goat The [CBI] contact...told me that the rate is going to change very soon but not backwards only forwards, meaning to go up in value and not down. I was also told that as an investor we will like the final rate. Again, it was emphasized to me that there would first be an in-country rate (close to USD 1 to IQD 1) during the swap-out in Iraq of the three zero notes and then later a new rate once the dinar is liberated back to the foreign currency exchanges and re-pegged. At this point the in-country rate goes away. There will NEVER be two rates...They wanted to make this point very clear to me that this is the process. When the in-country rate comes out there is little we, as investors, can do to exchange and our turn-out will come later, if we so choose to give up our dinars.
12-5-2023 Newshound Guru Militia Man In July Alaq the Central Bank governor said the project to delete the zeros off the currency exchange rate still exists. I think it's fascinating and awesome...
12-5-2023 Intel Guru Frank26 Article: "The President of the Republic: There is no dollar crisis in Iraq" OF COURSE NOT... THERE'S A NEW NATIONAL CURRENCY & A NEW EXCHANGE RATE COMING... AND EVERYONE KNOWS IT.
12-5-2023 Intel Guru MarkZ [via PDK] Iraq has...told us there will be no budget deficit in 2024. Next years budget starts Jan 1st. Without a revalued currency their deficit should be over $100 billion dollars…so the only way they cannot have a budget deficit is with a change of value in their currency …that is news worth reporting...And Iraq says they will be totally de-dollarized by Jan 1st. They are telling us what they are doing.
12-5-2023 Newshound Guru Clare Article: "Government source: Starting to implement the banking arrangements agreement with Türkiye” Quote: "The Central Bank has reinforced tens of millions of euros as an initial payment to cover retailers’ imports from Turkey."
12-5-2023 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] There is a meeting going on in Dubai...What they're doing is finalizing the exchange rate. They got the currency in position and what they need to do is...get the exchange rate in position too...
12-5-2023 Intel Guru Frank26 You are now standing on the grounds of the RD and you're soon to walk into the float. These are the steps. This is the journey you've taken whether your recognize it and understand it or not. The monetary reform is moving forward beautifully.
12-5-2023 Newshound Guru Breitling For Iraq it's not a question if more dollars are coming into Iraq, it's do the average citizens have access to them. That's what they're trying to fight...They want to take the dollar out so the supply times velocity of the dinar goes up.
12-5-2023 Newshound Guru Pimpy There's no 800 numbers. There's no redemption centers. There's no pay stations or however way you want to cleverly call these things. It's all bull crap...IQD is bought and sold the same way as all the other currencies. You can go to any currency exchange location and swap out your currencies or buy currencies there. Go to any international airport and they will have a currency exchange center there...No there's no special stations planted all around the world specifically for the IQD... [Post 2 of 2]
12-5-2023 Newshound Guru Pimpy 'Pay stations around the country where you can cash in your dinars' She's full of crap. Pay-stations? I guess that's the same as redemption centers, right? Let me put it this way, How does everybody else deal with other international currencies? Why would Iraq be special for some reason? It's not like Iraq's the only currency to be devalued and possibly revalued. All international currencies are done the same way. [Post 1 or 2...stay tuned]
12-5-2023 Intel Guru MarkZ [via PDK] Question: How do we hold on to faith when everyday is a groundhog day? MarkZ: The problem is we are trying to pick the timing of this historic event. We are looking at all the pieces and trying to guess the timing...You are watching it happen…all the greatest economic voices tell us it is coming…it is not a groundhog day even though we are not across the finish line yet.
12-5-2023 Newshound Guru Militia Man World Bank Article...the part here I like the most: "...an expected influx of imports driven by the dinar revaluation and the significant increase in government expenditures..." If you think about this for a minute if they give the citizens purchasing power are they not going to drive up an influx of imports because everybody has a little bit more money to maybe buy a new car, carpets, paint their house, build an addition to their home. They're going to have that extra money for those kids...The World Bank has an expectation of influx of imports due to what? '...Driven by the dinar revaluation...'
12-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says we are moving towards monetary sovereignty. FRANK: The reason they tell you this is because it's moving towards a monetary sovereign national currency that will replace the 3-zero notes that are worthless and also replace the American dollar...They're not hiding anything. It's not a secret. Everything is out in the open...
12-5-2023 Newshound/Intel Guru Mnt Goat The [CBI] contact...told me that the rate is going to change very soon but not backwards only forwards, meaning to go up in value and not down. I was also told that as an investor we will like the final rate. Again, it was emphasized to me that there would first be an in-country rate (close to USD 1 to IQD 1) during the swap-out in Iraq of the three zero notes and then later a new rate once the dinar is liberated back to the foreign currency exchanges and re-pegged. At this point the in-country rate goes away. There will NEVER be two rates...They wanted to make this point very clear to me that this is the process. When the in-country rate comes out there is little we, as investors, can do to exchange and our turn-out will come later, if we so choose to give up our dinars.
12-4-2023 Intel Guru RayRen98 GOOD SOURCES INFORM THAT THEY ARE ATTEMPTING TO PUSH IT ON OUT TONIGHT...INTO THE MORNING.
12-4-2023 Newshound Guru Pimpy Question: "Are there steps Iraq can take to have the $3.22 rate reinstated?" Yes. I'm not saying that they can do it...I'm not saying it's not going to increase in value, I'm saying it's just not going to happen overnight. We're going to see it continue to increase in increments. Just give it time. You're going to start seeing it jump up and just hold on to your dinar.
12-4-2023 Intel Guru Frank26 On January the 1st of 2024 you [Iraqi citizens] will not be able to use or touch the American dollar in any way, shape or form anymore. The CBI...will tell you not anymore, come and get your new small category notes and let us introduce you to your new exchange rate...it is now coming IMO...
12-4-2023 Intel Guru MarkZ [via PDK] Iraq is being very clear the dinar will be higher than the dollar and no more dollars after Jan 1st…They are telling us everything we need to know. We just need to stay calm.
12-4-2023 Newshound Guru Kaperoni If Iraq is ever going to raise the value of the dinar there are several things that need to occur first of which requires Iraq to diversify their economy away from oil. To create a private sector, employ their citizens and begin to manufacture, create agriculture etc. This is an absolute requirement to be self-sufficient. Currently, Iraq Imports about 90% of the goods they need.
12-4-2023 Newshound Guru Sandy Ingram The Central Bank of Iraq confirmed some Iraqi banks are transferring dollars from their accounts to intermediary banks who are distributing the dollars to their customers. The Central Bank of Iraq said this will contribute to reducing the exchange rate of the parallel dollar...[We're] thinking this is to keep the black market intact. This means the decision to only use Iraqi dinar in all transactions beginning January 1, 2024 may cause concerns and the Central Bank of Iraq is making moves to control any possible issues.
12-4-2023 Newshound Guru Pimpy Still today I can't find any news so called restrictions removed. No restrictions have been removed yet.
12-4-2023 Newshound Guru Militia Man Article: "It's time for the Iraqi economy to be linked to the global economic cycle. Al-Sudani stresses the government's endeavors to achieve an industry that exports its product outside Iraq." That's exactly what we need. Everybody knows Iraq has been an import country and they've been using oil as a revenue stream. Now they're going to go from a rentier oil industry to a non-oil revenue stream country...You have the industrial cities, liquid natural gas, tourism, agriculture...Iraq is filthy with minerals.
12-4-2023 Intel Guru MarkZ [via PDK] ...today at 4:15 pm the Fed will have a meeting on “FOREIGN EXCHANGE RATES” This does not pop up on their calendar very often but today they are discussing foreign currency exchange rates at the Federal Reserve at 4:15 pm. Could this be what we are looking for? It’s possible.
12-4-2023 Intel Guru Frank26 Question: 'Is it December for Iraq or for international as well?' [Frank's current timeline for the RI is before 2024] Both, because the citizens will be receiving their purchasing power and the currency will then start to go outside the border in international trade and start to climb in value.
12-4-2023 Newshound Guru Pimpy Article: "Central Bank reveals two agreements during joint Iraqi delegation talks in Turkey" This agreement with Turkey allows...merchants to purchase goods from each other's country using their own currency. If I'm a merchant in Iraq and I want to buy goods from over there in Turkey to sell in my store I can purchase those goods using Iraqi dinars and vice versa. If I'm a merchant in Turkey and I want to buy some goods that I can sell in my store over here in Turkey I can use the Euro or the Lera and then the banks will settle the issue with the two currencies. That's why they [the banks] do currency swaps. These are pretty big hurdles Iraq has managed to get over. Let's hope they continue down this path and nothing bad happens...
12-4-2023 Newshound/Intel Guru Mnt Goat ...The rate is NOT going to start at 1/6 of a penny and climb from there when it does get reinstated. The rate has to reflect the TRUE rate of the value of the assets Iraq now holds. Not the value of an intentional, sanctioned, suppressed currency. Why would they even bother to do all this work for the banking, financial and currency reforms if they were just going to leave the rate at 1/6 of a penny?
12-4-2023 Newshound Guru Pimpy Question: "Are there steps Iraq can take to have the $3.22 rate reinstated?" Yes. I'm not saying that they can do it...I'm not saying it's not going to increase in value, I'm saying it's just not going to happen overnight. We're going to see it continue to increase in increments. Just give it time. You're going to start seeing it jump up and just hold on to your dinar.
12-4-2023 Intel Guru Frank26 On January the 1st of 2024 you [Iraqi citizens] will not be able to use or touch the American dollar in any way, shape or form anymore. The CBI...will tell you not anymore, come and get your new small category notes and let us introduce you to your new exchange rate...it is now coming IMO...
12-4-2023 Intel Guru MarkZ [via PDK] Iraq is being very clear the dinar will be higher than the dollar and no more dollars after Jan 1st…They are telling us everything we need to know. We just need to stay calm.
12-4-2023 Newshound Guru Kaperoni If Iraq is ever going to raise the value of the dinar there are several things that need to occur first of which requires Iraq to diversify their economy away from oil. To create a private sector, employ their citizens and begin to manufacture, create agriculture etc. This is an absolute requirement to be self-sufficient. Currently, Iraq Imports about 90% of the goods they need.
12-4-2023 Newshound Guru Sandy Ingram The Central Bank of Iraq confirmed some Iraqi banks are transferring dollars from their accounts to intermediary banks who are distributing the dollars to their customers. The Central Bank of Iraq said this will contribute to reducing the exchange rate of the parallel dollar...[We're] thinking this is to keep the black market intact. This means the decision to only use Iraqi dinar in all transactions beginning January 1, 2024 may cause concerns and the Central Bank of Iraq is making moves to control any possible issues.
12-4-2023 Newshound Guru Pimpy Still today I can't find any news so called restrictions removed. No restrictions have been removed yet.
12-4-2023 Newshound Guru Militia Man Article: "It's time for the Iraqi economy to be linked to the global economic cycle. Al-Sudani stresses the government's endeavors to achieve an industry that exports its product outside Iraq." That's exactly what we need. Everybody knows Iraq has been an import country and they've been using oil as a revenue stream. Now they're going to go from a rentier oil industry to a non-oil revenue stream country...You have the industrial cities, liquid natural gas, tourism, agriculture...Iraq is filthy with minerals.
12-4-2023 Intel Guru MarkZ [via PDK] ...today at 4:15 pm the Fed will have a meeting on “FOREIGN EXCHANGE RATES” This does not pop up on their calendar very often but today they are discussing foreign currency exchange rates at the Federal Reserve at 4:15 pm. Could this be what we are looking for? It’s possible.
12-4-2023 Intel Guru Frank26 Question: 'Is it December for Iraq or for international as well?' [Frank's current timeline for the RI is before 2024] Both, because the citizens will be receiving their purchasing power and the currency will then start to go outside the border in international trade and start to climb in value.
12-4-2023 Newshound Guru Pimpy Article: "Central Bank reveals two agreements during joint Iraqi delegation talks in Turkey" This agreement with Turkey allows...merchants to purchase goods from each other's country using their own currency. If I'm a merchant in Iraq and I want to buy goods from over there in Turkey to sell in my store I can purchase those goods using Iraqi dinars and vice versa. If I'm a merchant in Turkey and I want to buy some goods that I can sell in my store over here in Turkey I can use the Euro or the Lera and then the banks will settle the issue with the two currencies. That's why they [the banks] do currency swaps. These are pretty big hurdles Iraq has managed to get over. Let's hope they continue down this path and nothing bad happens...
12-4-2023 Newshound/Intel Guru Mnt Goat ...The rate is NOT going to start at 1/6 of a penny and climb from there when it does get reinstated. The rate has to reflect the TRUE rate of the value of the assets Iraq now holds. Not the value of an intentional, sanctioned, suppressed currency. Why would they even bother to do all this work for the banking, financial and currency reforms if they were just going to leave the rate at 1/6 of a penny?
12-3-2023 Intel Guru Frank26 The CBI wants more dollars? No, they want less dollars. What does the US Treasury want? More dollars in Iraq? No, they want the CBI to introduce the new currency with the new exchange rate. That will benefit the United States because the United States and the Federal Reserve have billions and billions of dinars stacked up just like they did the last time they did this...with Kuwait from 1990 to 1999. The only problem this time is they took twice [the time]...
12-3-2023 Intel Guru RayRen98 [via Babysmom] ...HEARD FROM...IMF CONTACT LATE LAST NIGHT...WINDOW IS STILL OPEN...TO MONDAY MORNING.
12-3-2023 Newshound Guru Pimpy Sovereignty means freedom. That means you're in control. Nobody else tells you what you can and can't do with your country, with your currency or anything else. That's the whole purpose of sovereignty. Iraq wants control of their currency. This is what we want for them to do...We have to make sure the people that are in control don't screw things up...Let's hope Iraq is ready to do this because if not it really could be a major setback...
12-3-2023 Newshound Guru Clare Article: "Al-Sudani: We have natural resources that enable us to export products outside Iraq " Quote "Prime Minister Muhammad Shiaa Al-Sudani said on Saturday that Iraq has the natural resources that qualify it to meet the market’s need for local products and export the surplus outside the country."
12-3-2023 Guru Nader From The Mid East The revolution of the dinar exists, yes. Is going to revalue? Yes. When? I don't know. It can be now. It can be next month. It can be 2 years from now. It can be 5 years form now. You know people are going to hate this but the reality is there...You have to be a realist...You know it's going to revalue.
12-3-2023 Newshound Guru Breitling Question: "Why haven't all the big sharks bought in anticipation of the RI?" Who says they haven't? I told you guys with some of the companies that I've worked with we did research and we had contact with a lot of senators and congressmen from both sides of the aisle, they all have it. They all have Iraqi dinar. They have other currencies too.
12-3-2023 Newshound Guru Militia Man The last two weeks what did they do? They [countries around the world] opened 'corresponding banks' with Iraq. To do what ? To facilitate trade. Through what? All these different currencies. Is it fact or is it fiction? It's a fact. I deal in facts. I deal in truth. I deal in data. Article quote: "With the assistance of the Untied States...there is opening of accounts or correspondent banks which have now reached more than 40 new accounts."
12-3-2023 Intel Guru Frank26 Some of you were asking, Frank, You don't want me to take my eyes off of my dinars but some of the banks I called said they're going to send them to another bank and inspect them and then bring them back? Yeah, well you ask them for the address of that bank and you take your dinars to that bank and let them inspect them in front of you. Once that's done and they give you credit and you see your account is credited with the right amount well then you're happy they can have all the dinars you took to them. But never separate yourself from your dinars. There are evil people in this world. They'll find a way to steal.
12-3-2023 Newshound Guru Pimpy Currency Auctions...Adjusting the auction mechanisms and policies could help control the supply and demand dynamics of the IQD...Fifth, Government of Iraq - Investors...have to feel their investment is secure. Having a stable government and stable economy goes a long way. Political stability...that encourages domestic and foreign investment ...Lastly, International Support...IMF and World Bank...these organization can provide financial aid, technical assistance and guidance on implementing economic reforms...Those are the steps necessary to reinstate the $3.22 rate. I still think it'll go up in increments just so they can make sure there is stability in the economy without bankrupting themselves... [Post 2 of 2]
12-3-2023 Newshound Guru Pimpy I found the steps Iraq would need to take in order to reinstate its $3.22 rate...Stabilize the economy by addressing issues such as inflation, unemployment and corruption...diversifying the economy beyond oil dependence...Monetary policy - To reinstate a specific exchange rate the Central Bank of Iraq would need to implement appropriate measures...like interest rates, reserve requirements and open market operations. Third, Foreign Reserves - Iraq's foreign reserves...The more they get the better it is for them...particularly the US dollar would provide the CBI with the necessary resources to support the desired exchange rate... [Post 1 of 2]
12-3-2023 Intel Guru Bruce [via WiserNow] Lets talk about rates...We had rates on redemption center screens on dinar and Dong that were put out... definitely that were terrific. Excellent... Notice I said on redemption center screens not banks...Because rates at the redemption center will be higher than they are in the banks - Our contacts see rates on the bank screens - They also see rates in the redemption center screens – I can tell you know they are that much higher – as much as 4 times higher on redemption center screens than they are on the bank screens...
12-3-2023 Intel Guru RayRen98 [via Babysmom] ...HEARD FROM...IMF CONTACT LATE LAST NIGHT...WINDOW IS STILL OPEN...TO MONDAY MORNING.
12-3-2023 Newshound Guru Pimpy Sovereignty means freedom. That means you're in control. Nobody else tells you what you can and can't do with your country, with your currency or anything else. That's the whole purpose of sovereignty. Iraq wants control of their currency. This is what we want for them to do...We have to make sure the people that are in control don't screw things up...Let's hope Iraq is ready to do this because if not it really could be a major setback...
12-3-2023 Newshound Guru Clare Article: "Al-Sudani: We have natural resources that enable us to export products outside Iraq " Quote "Prime Minister Muhammad Shiaa Al-Sudani said on Saturday that Iraq has the natural resources that qualify it to meet the market’s need for local products and export the surplus outside the country."
12-3-2023 Guru Nader From The Mid East The revolution of the dinar exists, yes. Is going to revalue? Yes. When? I don't know. It can be now. It can be next month. It can be 2 years from now. It can be 5 years form now. You know people are going to hate this but the reality is there...You have to be a realist...You know it's going to revalue.
12-3-2023 Newshound Guru Breitling Question: "Why haven't all the big sharks bought in anticipation of the RI?" Who says they haven't? I told you guys with some of the companies that I've worked with we did research and we had contact with a lot of senators and congressmen from both sides of the aisle, they all have it. They all have Iraqi dinar. They have other currencies too.
12-3-2023 Newshound Guru Militia Man The last two weeks what did they do? They [countries around the world] opened 'corresponding banks' with Iraq. To do what ? To facilitate trade. Through what? All these different currencies. Is it fact or is it fiction? It's a fact. I deal in facts. I deal in truth. I deal in data. Article quote: "With the assistance of the Untied States...there is opening of accounts or correspondent banks which have now reached more than 40 new accounts."
12-3-2023 Intel Guru Frank26 Some of you were asking, Frank, You don't want me to take my eyes off of my dinars but some of the banks I called said they're going to send them to another bank and inspect them and then bring them back? Yeah, well you ask them for the address of that bank and you take your dinars to that bank and let them inspect them in front of you. Once that's done and they give you credit and you see your account is credited with the right amount well then you're happy they can have all the dinars you took to them. But never separate yourself from your dinars. There are evil people in this world. They'll find a way to steal.
12-3-2023 Newshound Guru Pimpy Currency Auctions...Adjusting the auction mechanisms and policies could help control the supply and demand dynamics of the IQD...Fifth, Government of Iraq - Investors...have to feel their investment is secure. Having a stable government and stable economy goes a long way. Political stability...that encourages domestic and foreign investment ...Lastly, International Support...IMF and World Bank...these organization can provide financial aid, technical assistance and guidance on implementing economic reforms...Those are the steps necessary to reinstate the $3.22 rate. I still think it'll go up in increments just so they can make sure there is stability in the economy without bankrupting themselves... [Post 2 of 2]
12-3-2023 Newshound Guru Pimpy I found the steps Iraq would need to take in order to reinstate its $3.22 rate...Stabilize the economy by addressing issues such as inflation, unemployment and corruption...diversifying the economy beyond oil dependence...Monetary policy - To reinstate a specific exchange rate the Central Bank of Iraq would need to implement appropriate measures...like interest rates, reserve requirements and open market operations. Third, Foreign Reserves - Iraq's foreign reserves...The more they get the better it is for them...particularly the US dollar would provide the CBI with the necessary resources to support the desired exchange rate... [Post 1 of 2]
12-3-2023 Intel Guru Bruce [via WiserNow] Lets talk about rates...We had rates on redemption center screens on dinar and Dong that were put out... definitely that were terrific. Excellent... Notice I said on redemption center screens not banks...Because rates at the redemption center will be higher than they are in the banks - Our contacts see rates on the bank screens - They also see rates in the redemption center screens – I can tell you know they are that much higher – as much as 4 times higher on redemption center screens than they are on the bank screens...
12-2-2023 Intel Guru Frank26 Anybody that tells you, 'give me your dinars and I will give you more than what the CBI will give you' because, 'I belong to the [whatever] group/organization' They're thieves. They're vipers. They're liars...No body is going to give you more than what the CBI can and is willing to give you.
12-2-2023 Newshound Guru Pimpy Iraqi dinar is going to go up in increments because as you go up one step at a time you're able to see what kind of shock you're going to have to your economy, if at all. As they keep making a move forward with the value of the Iraqi dinar measured against your economy they're able to determine whether they can keep going forward and make the value of the Iraqi dinar increase or whether they should decrease the value of the Iraqi dinar.
12-2-2023 Newshound Guru Militia Man What we're seeing is probably one of the most exciting times we've ever been in and there's more to come...
12-2-2023 Intel Guru Wolverine ...This is going to get very emotional when it happens and so I suggest to get those tissues and that bottle of champagne. This is all part of history and all of you are part of history. The biggest transfer of wealth in the history of this planet is about to get started. Always remember where you were and what you were doing when it happens. God bless you all.
12-2-2023 Newshound Guru Kaperoni Floating a national currency is intended ...to determine its price in a free market according to the forces of supply and demand. That is what we are looking for...
12-2-2023 Newshound Guru Samson Article: "Washington congratulates the Sudanese on the launch of the five-year development plan: We appreciate our partnership with Iraq"
12-2-2023 Intel Guru MarkZ [via PDK] The group chatter has been amazing as they are waiting for release of funds… sitting at the edge of their seats. Redemption contacts who are “on call” have not been called in…yet. But we are stinking, painfully close….
12-2-2023 Newshound Guru Clare Article: "Parliamentarian: Al-Halbousi’s imprisonment for one year is within reach" Quote: "Iraqi Parliament member Basem Khashan expected, on Friday, that the deposed Speaker of the House of Representatives, Muhammad al-Halbousi, would be imprisoned for a period of no less than one year, after the “Taqaddum” Party, which he heads, paid a sum of money to the American company BGR without obtaining legal approval."
12-2-2023 Intel Guru Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn't matter. Whenever they do it they'll do it but what's really important is in order to join the WTO you have to be Article VIII...All they have to do is raise the value of their currency, that's it.
12-2-2023 Newshound Guru Pimpy When we talk about stability this is not what you want to see. Article: "10 Killed, 14 injured in Iraq roadside Bomb Attack" If you're going after politicians that's not a stable country...Essentially you're talking about assassinations...these are types of things we hope Iraq can get away from. Not the kind of news we want to hear.
12-2-2023 Newshound/Intel Guru Mnt Goat “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” ...more proof that Iraqi’s economy does not need to grow any more at this time in order to get to the value of the dinar to what we need for a fair and honest rate reflected...the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. ...Iraq will never be able to raise enough the money alone to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors...
12-2-2023 Newshound Guru Pimpy Iraqi dinar is going to go up in increments because as you go up one step at a time you're able to see what kind of shock you're going to have to your economy, if at all. As they keep making a move forward with the value of the Iraqi dinar measured against your economy they're able to determine whether they can keep going forward and make the value of the Iraqi dinar increase or whether they should decrease the value of the Iraqi dinar.
12-2-2023 Newshound Guru Militia Man What we're seeing is probably one of the most exciting times we've ever been in and there's more to come...
12-2-2023 Intel Guru Wolverine ...This is going to get very emotional when it happens and so I suggest to get those tissues and that bottle of champagne. This is all part of history and all of you are part of history. The biggest transfer of wealth in the history of this planet is about to get started. Always remember where you were and what you were doing when it happens. God bless you all.
12-2-2023 Newshound Guru Kaperoni Floating a national currency is intended ...to determine its price in a free market according to the forces of supply and demand. That is what we are looking for...
12-2-2023 Newshound Guru Samson Article: "Washington congratulates the Sudanese on the launch of the five-year development plan: We appreciate our partnership with Iraq"
12-2-2023 Intel Guru MarkZ [via PDK] The group chatter has been amazing as they are waiting for release of funds… sitting at the edge of their seats. Redemption contacts who are “on call” have not been called in…yet. But we are stinking, painfully close….
12-2-2023 Newshound Guru Clare Article: "Parliamentarian: Al-Halbousi’s imprisonment for one year is within reach" Quote: "Iraqi Parliament member Basem Khashan expected, on Friday, that the deposed Speaker of the House of Representatives, Muhammad al-Halbousi, would be imprisoned for a period of no less than one year, after the “Taqaddum” Party, which he heads, paid a sum of money to the American company BGR without obtaining legal approval."
12-2-2023 Intel Guru Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn't matter. Whenever they do it they'll do it but what's really important is in order to join the WTO you have to be Article VIII...All they have to do is raise the value of their currency, that's it.
12-2-2023 Newshound Guru Pimpy When we talk about stability this is not what you want to see. Article: "10 Killed, 14 injured in Iraq roadside Bomb Attack" If you're going after politicians that's not a stable country...Essentially you're talking about assassinations...these are types of things we hope Iraq can get away from. Not the kind of news we want to hear.
12-2-2023 Newshound/Intel Guru Mnt Goat “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” ...more proof that Iraqi’s economy does not need to grow any more at this time in order to get to the value of the dinar to what we need for a fair and honest rate reflected...the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. ...Iraq will never be able to raise enough the money alone to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors...
12-1-2023 Intel Guru Frank26 Question: 'Do you think the rate might come out more than 1 to 1 or higher?' It is possible they might be looking at $1.18...1 to 1 is a good start no doubt but it's been 20 years and I think $1.18 is fair enough to start the float at against the dollar. The goal is to go past the dollar.
12-1-2023 Intel Guru Bruce [via WiserNow] Iraq is looking to put their HCL law in the Gazette along with their new international rates...And since [Friday] is a High Holy Day - I don't know this, but I think they would probably put it in the virtual online version, if you will, the digital Gazette on Friday, and...put it in the printed version of the Gazette on Saturday.
12-1-2023 Newshound Guru Militia Man Do your own research. Get professional advice. I don't care if it's legal, tax, anything, everybody should get their own professionals. I'm not one. Nor is my crew. We just help read the news...
12-1-2023 Newshound Guru Clare Article: "Strengthening the balance of Iraqi banks in foreign currency supports the private sector and the local market" Quote: “The increase in the currency exchange rate by accredited banks provides another safe path to meet the local market’s needs for foreign currency.”
12-1-2023 Newshound Guru Kaperoni Those who are wondering about the dinar market rate in Iraq. It is currently about 18% over the official CBI rate. Not acceptable. Until Iraq is in compliance they will not be able to accept IMF article VIII...The problem in Iraq right now is the spread which is completely out of whack from IMF guidelines...
12-1-2023 Intel Guru Bruce [via WiserNow] ...we were supposed to according to pretty high up sources...to be exchanging Wednesday or Thursday and I had clarifications that we would be exchanging...Well, guess what, we are not – yet – exchanging...I think there’s a number of factors and...one in particular ...that's delayed us slightly...Everything really is ready to go. I really do believe that we are ready.
12-1-2023 Intel Guru Frank26 Why are all these countries, why are all these companies saying such great and wonderful things about Iraq and Sudani when they never did before? Why is it that parliament is saying beautiful things about reforms and the success of it that Sudani has had? There is a change in your [Iraqi citizens] monetary policy. Your monetary sovereignty is coming to you before '24.
12-1-2023 Newshound Guru Breitling In the article, they want to go and do this monetary sovereignty. What do they have to do? They have to eliminate the US dollar out of the public. But the dollars they eliminate they want to put into their reserve. So they're not de-dollarizing. They're trying to build up their reserve and at the same time expand the supply times velocity of their currency...
12-1-2023 Intel Guru MarkZ [via PDK] Yes its Dec 1st …and yes we were hoping we would have gone by now...but the Redemption center folks will be on call this weekend. They are very hopeful for the next few days...We can feel this is so close which makes it much tougher to wait.
12-1-2023 Newshound Guru Pimpy The problem is I could find no such information...There's still restrictions on the Iraqi dinar. That's not counting they're still under sanctions with the United States. This is why we see them having to get permission from the United States to do certain things... There's been a lot of good news lately coming out of Iraq and it's exciting. I get it. Be we don't want to get too far ahead of ourselves. You're got people out there talking about...God told them there's no more restrictions on the Iraqi dinar...I guess we're going to find out. It would seem to us that that kind of news would have been out and about real quick because that is a major major step for Iraq to have no restrictions on their currency...Getting rid of any kind of sanctions on the Iraqi dinar would be a huge step for Iraq. It would be exciting for everyone. [Post 2 of 2]
12-1-2023 Newshound Guru Pimpy Content creators are trying to be the first out there to break some news...so they could go, 'See I told you so!' When you've been doing this as long as I have you get past all that crap. So, God is telling [this content creator] that the Iraqi dinar no longer has any restrictions. Well I made a phone call to God myself personally, he don't recall seeing anything like that at all...God's telling her there's no more restrictions on Iraqi dinar...I looked around to find out if that was true because, you know, when it comes to God, God's not wrong and if she's getting a message from God and God's telling her there's no more restrictions on an Iraqi dinar well that would be splendid, that would be wonderful. [Post 1 of 2....stay tuned]
12-1-2023 Intel Guru Frank26 Question: 'Are we at the point this could happen this weekend as well as the last week of December or any time in-between?' IMO December is a month to remember if they stay on the schedule that we believe before '24.
12-1-2023 Newshound/Intel Guru Mnt Goat “ADVISER TO THE PRIME MINISTER: ECONOMIC POLICY IN IRAQ IS MOVING TOWARDS IMPLEMENTING THE PRINCIPLE OF MONETARY SOVEREIGNTY” WOW! WOW! WOW! It tells us flat right out in the open that Iraq is about to take complete control over their currency again. WOW! ...This has reinstatement and RV written all over this statement...
12-1-2023 Intel Guru yada Article: “Baghdad today - Baghdad Today, Friday (December 1, 2023), the National Public Retirement Authority announced the start of disbursing salaries to retirees next Sunday“ Yes, that is this Sunday the 3rd.; The reduction of the oil output by 650,000 barrels means an increase in the price of oil, higher rates in the dinar value will follow.; Lastly, the official change in the auction practice stopping the auctions while the banks are NOW transferring dollars through the designated banks connected with Chase and Citibank started... All clear signs we will see our expected end, now IMO.
12-1-2023 Intel Guru Bruce [via WiserNow] ...we really do have good contact in Iraq. And we're getting word that the ATM machines are filled with the lower denomination bills like ours...10 20 50 and 100 dinar notes - I think those are all available in the actual ATM machines...Now they have been working...since Thanksgiving - maybe a little bit before that - in the airport locations in Baghdad and at the border location – where ever the ATM’s are at the border...they are working now and they are in use...I do not believe they're all in use all over the country yet. But I think that is about to change... they are minting new coins for people to use...Iraqis are going to feel a little jingle in their pockets soon...
12-1-2023 Intel Guru Bruce [via WiserNow] Iraq is looking to put their HCL law in the Gazette along with their new international rates...And since [Friday] is a High Holy Day - I don't know this, but I think they would probably put it in the virtual online version, if you will, the digital Gazette on Friday, and...put it in the printed version of the Gazette on Saturday.
12-1-2023 Newshound Guru Militia Man Do your own research. Get professional advice. I don't care if it's legal, tax, anything, everybody should get their own professionals. I'm not one. Nor is my crew. We just help read the news...
12-1-2023 Newshound Guru Clare Article: "Strengthening the balance of Iraqi banks in foreign currency supports the private sector and the local market" Quote: “The increase in the currency exchange rate by accredited banks provides another safe path to meet the local market’s needs for foreign currency.”
12-1-2023 Newshound Guru Kaperoni Those who are wondering about the dinar market rate in Iraq. It is currently about 18% over the official CBI rate. Not acceptable. Until Iraq is in compliance they will not be able to accept IMF article VIII...The problem in Iraq right now is the spread which is completely out of whack from IMF guidelines...
12-1-2023 Intel Guru Bruce [via WiserNow] ...we were supposed to according to pretty high up sources...to be exchanging Wednesday or Thursday and I had clarifications that we would be exchanging...Well, guess what, we are not – yet – exchanging...I think there’s a number of factors and...one in particular ...that's delayed us slightly...Everything really is ready to go. I really do believe that we are ready.
12-1-2023 Intel Guru Frank26 Why are all these countries, why are all these companies saying such great and wonderful things about Iraq and Sudani when they never did before? Why is it that parliament is saying beautiful things about reforms and the success of it that Sudani has had? There is a change in your [Iraqi citizens] monetary policy. Your monetary sovereignty is coming to you before '24.
12-1-2023 Newshound Guru Breitling In the article, they want to go and do this monetary sovereignty. What do they have to do? They have to eliminate the US dollar out of the public. But the dollars they eliminate they want to put into their reserve. So they're not de-dollarizing. They're trying to build up their reserve and at the same time expand the supply times velocity of their currency...
12-1-2023 Intel Guru MarkZ [via PDK] Yes its Dec 1st …and yes we were hoping we would have gone by now...but the Redemption center folks will be on call this weekend. They are very hopeful for the next few days...We can feel this is so close which makes it much tougher to wait.
12-1-2023 Newshound Guru Pimpy The problem is I could find no such information...There's still restrictions on the Iraqi dinar. That's not counting they're still under sanctions with the United States. This is why we see them having to get permission from the United States to do certain things... There's been a lot of good news lately coming out of Iraq and it's exciting. I get it. Be we don't want to get too far ahead of ourselves. You're got people out there talking about...God told them there's no more restrictions on the Iraqi dinar...I guess we're going to find out. It would seem to us that that kind of news would have been out and about real quick because that is a major major step for Iraq to have no restrictions on their currency...Getting rid of any kind of sanctions on the Iraqi dinar would be a huge step for Iraq. It would be exciting for everyone. [Post 2 of 2]
12-1-2023 Newshound Guru Pimpy Content creators are trying to be the first out there to break some news...so they could go, 'See I told you so!' When you've been doing this as long as I have you get past all that crap. So, God is telling [this content creator] that the Iraqi dinar no longer has any restrictions. Well I made a phone call to God myself personally, he don't recall seeing anything like that at all...God's telling her there's no more restrictions on Iraqi dinar...I looked around to find out if that was true because, you know, when it comes to God, God's not wrong and if she's getting a message from God and God's telling her there's no more restrictions on an Iraqi dinar well that would be splendid, that would be wonderful. [Post 1 of 2....stay tuned]
12-1-2023 Intel Guru Frank26 Question: 'Are we at the point this could happen this weekend as well as the last week of December or any time in-between?' IMO December is a month to remember if they stay on the schedule that we believe before '24.
12-1-2023 Newshound/Intel Guru Mnt Goat “ADVISER TO THE PRIME MINISTER: ECONOMIC POLICY IN IRAQ IS MOVING TOWARDS IMPLEMENTING THE PRINCIPLE OF MONETARY SOVEREIGNTY” WOW! WOW! WOW! It tells us flat right out in the open that Iraq is about to take complete control over their currency again. WOW! ...This has reinstatement and RV written all over this statement...
12-1-2023 Intel Guru yada Article: “Baghdad today - Baghdad Today, Friday (December 1, 2023), the National Public Retirement Authority announced the start of disbursing salaries to retirees next Sunday“ Yes, that is this Sunday the 3rd.; The reduction of the oil output by 650,000 barrels means an increase in the price of oil, higher rates in the dinar value will follow.; Lastly, the official change in the auction practice stopping the auctions while the banks are NOW transferring dollars through the designated banks connected with Chase and Citibank started... All clear signs we will see our expected end, now IMO.
12-1-2023 Intel Guru Bruce [via WiserNow] ...we really do have good contact in Iraq. And we're getting word that the ATM machines are filled with the lower denomination bills like ours...10 20 50 and 100 dinar notes - I think those are all available in the actual ATM machines...Now they have been working...since Thanksgiving - maybe a little bit before that - in the airport locations in Baghdad and at the border location – where ever the ATM’s are at the border...they are working now and they are in use...I do not believe they're all in use all over the country yet. But I think that is about to change... they are minting new coins for people to use...Iraqis are going to feel a little jingle in their pockets soon...
11-30-2023 Intel Guru Frank26 Coming out at a higher rate could destroy the monetary reform. It could cause it to fail. That's what they're working on right now with the US Treasury.
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11-30-2023 Newshound Guru Pimpy Next year is going to be very interesting especially if they're going to start doing everything in just Iraqi dinars. I'm curious to see what kind of effect that's going to have on the Iraqi dinar. I'm actually looking forward to it.
11-30-2023 Newshound Guru Militia Man We all see the writing on the wall at this point in time that Iraq is going to go international. They're going to be part of the WTO. With them going to the private sector you can just see it's going to be a robust economy in this country.
11-30-2023 Newshound Guru Clare Article "A Chinese advisor describes Iraq as the "largest" investment destination for his country" Quote "Counselor of the Chinese Embassy in Baghdad, Xu Haifeng...said in a press conference held today at the Chinese Embassy in Baghdad that Iraq is a country rich in energy represented by oil and gas, and it is natural that the energy field is a relatively greater source of attraction for Chinese investments, and is in line with the industrial diversity in Iraq"
11-30-2023 Newshound/Intel Guru Walkingstick At this phase of the monetary reform they have to figure out the note count. That's what the US Treasury is working with them about as well. The note count that will be released into circulation with these lower denoms. Why? So as not to introduce currency inflation which is part of the experiment they're running [in Kurdistan with lower notes] IOO. The monetary steps have put the lower denoms and the new exchange rate in position to come out and float strongly without failure because that would be a catastrophe.
11-30-2023 Intel Guru Frank26 Can the CBI, Alaq and the board of directors reduce the exchange rate of the American dollar? No, of course not. They don't have jurisdiction to do that. Who can do that? The US Treasury. Alaq and Sudani said to the citizens, 'Private banks will give support to the Iraqi citizens by reducing the dollar exchange rate.' What that means is they're going to give value to the Iraqi dinar...It reduces the value of the American dollar in the country of Iraq.
11-30-2023 Intel Guru MarkZ [via PDK] Very little out of Iraq overnight. But everything coming out of Iraq this week has been overwhelmingly positive. I know this is tough…I know we have been sitting at the edge of our seats for entirely too long…But, it’s hard to nail down a world-wide historic, once in a millennium event…But we know its coming.
11-30-2023 Newshound Guru Sandy Ingram Article: "Inflation rate in Iraq declines in 2023 compared to 2022" The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022. Inflation in Iraq reached approximately 3.7% in August 2023, compared to 4.4% in August 2022. Iraq's inflation rate is good compared to many countries where inflation has reached 30% and 40%...
11-30-2023 Newshound Guru Pimpy It looks like Iraq is pushing for its own monetary sovereignty... Article: "Iraq is moving towards applying the principle of monetary sovereignty. What does that mean?" This is actually really good news...This is what we've been bugging Iraq to do - get out of the shadow of the United States and do your own thing...In other words, our little child is wanting to be all grown up and make a move to be on its own. This is exactly what we've been looking for...Once we kick the training wheels off of Iraq, you have to trust the people who are making the decisions about the Iraqi dinar make smart ones and not screw everything up...
11-30-2023 Intel Guru Frank26 Every day those that were against it [The dinar/monetary reform], those that were negative like parliament are complimenting and cheering on what is about to happen. Everyday they come up with new ways of saying the same thing. Article: "Advisor to the prime minister: Economic policy in Iraq is moving towards implementing the principle of monetary sovereignty" MONETARY SOVEREIGNTY... ANOTHER BEAUTIFUL WAY OF SAYING WE HAVE A NEW CURRENCY.
11-30-2023 Intel Guru Goldilocks Bonds increase demand for a country's national currency. It also increases its value. Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar. Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen.
11-30-2023 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: ...Iraq is going International big time…Iraq is considered to be one of the world’s wealthiest nations with vast reserves…They have the money they need for a new real effective exchange rate. With the oil, natural gas, sulfer, precious metals etc…they can afford it. MarkZ: And the rare earth minerals…Iraq has just discovered…Iraq is worth much more now than when the rate was $3.22 over 20 years ago.
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11-30-2023 Intel Guru Bruce [via WiserNow] I've been told that we should get notifications... Thursday, very early morning...possibly wake up to it on a Thursday. Let's see what happens.
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11-30-2023 Newshound Guru Pimpy Next year is going to be very interesting especially if they're going to start doing everything in just Iraqi dinars. I'm curious to see what kind of effect that's going to have on the Iraqi dinar. I'm actually looking forward to it.
11-30-2023 Newshound Guru Militia Man We all see the writing on the wall at this point in time that Iraq is going to go international. They're going to be part of the WTO. With them going to the private sector you can just see it's going to be a robust economy in this country.
11-30-2023 Newshound Guru Clare Article "A Chinese advisor describes Iraq as the "largest" investment destination for his country" Quote "Counselor of the Chinese Embassy in Baghdad, Xu Haifeng...said in a press conference held today at the Chinese Embassy in Baghdad that Iraq is a country rich in energy represented by oil and gas, and it is natural that the energy field is a relatively greater source of attraction for Chinese investments, and is in line with the industrial diversity in Iraq"
11-30-2023 Newshound/Intel Guru Walkingstick At this phase of the monetary reform they have to figure out the note count. That's what the US Treasury is working with them about as well. The note count that will be released into circulation with these lower denoms. Why? So as not to introduce currency inflation which is part of the experiment they're running [in Kurdistan with lower notes] IOO. The monetary steps have put the lower denoms and the new exchange rate in position to come out and float strongly without failure because that would be a catastrophe.
11-30-2023 Intel Guru Frank26 Can the CBI, Alaq and the board of directors reduce the exchange rate of the American dollar? No, of course not. They don't have jurisdiction to do that. Who can do that? The US Treasury. Alaq and Sudani said to the citizens, 'Private banks will give support to the Iraqi citizens by reducing the dollar exchange rate.' What that means is they're going to give value to the Iraqi dinar...It reduces the value of the American dollar in the country of Iraq.
11-30-2023 Intel Guru MarkZ [via PDK] Very little out of Iraq overnight. But everything coming out of Iraq this week has been overwhelmingly positive. I know this is tough…I know we have been sitting at the edge of our seats for entirely too long…But, it’s hard to nail down a world-wide historic, once in a millennium event…But we know its coming.
11-30-2023 Newshound Guru Sandy Ingram Article: "Inflation rate in Iraq declines in 2023 compared to 2022" The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022. Inflation in Iraq reached approximately 3.7% in August 2023, compared to 4.4% in August 2022. Iraq's inflation rate is good compared to many countries where inflation has reached 30% and 40%...
11-30-2023 Newshound Guru Pimpy It looks like Iraq is pushing for its own monetary sovereignty... Article: "Iraq is moving towards applying the principle of monetary sovereignty. What does that mean?" This is actually really good news...This is what we've been bugging Iraq to do - get out of the shadow of the United States and do your own thing...In other words, our little child is wanting to be all grown up and make a move to be on its own. This is exactly what we've been looking for...Once we kick the training wheels off of Iraq, you have to trust the people who are making the decisions about the Iraqi dinar make smart ones and not screw everything up...
11-30-2023 Intel Guru Frank26 Every day those that were against it [The dinar/monetary reform], those that were negative like parliament are complimenting and cheering on what is about to happen. Everyday they come up with new ways of saying the same thing. Article: "Advisor to the prime minister: Economic policy in Iraq is moving towards implementing the principle of monetary sovereignty" MONETARY SOVEREIGNTY... ANOTHER BEAUTIFUL WAY OF SAYING WE HAVE A NEW CURRENCY.
11-30-2023 Intel Guru Goldilocks Bonds increase demand for a country's national currency. It also increases its value. Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar. Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen.
11-30-2023 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: ...Iraq is going International big time…Iraq is considered to be one of the world’s wealthiest nations with vast reserves…They have the money they need for a new real effective exchange rate. With the oil, natural gas, sulfer, precious metals etc…they can afford it. MarkZ: And the rare earth minerals…Iraq has just discovered…Iraq is worth much more now than when the rate was $3.22 over 20 years ago.
11-30-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-30-2023 Intel Guru Bruce [via WiserNow] I've been told that we should get notifications... Thursday, very early morning...possibly wake up to it on a Thursday. Let's see what happens.
11-29-2023 Newshound Guru Militia Man All the data we've had in the last two weeks has been pretty much phenomenal because it sets the stage of so many things that converge on one another.
11-29-2023 Intel Guru Frank26 Question: "Do I need my receipt when I go exchange my Iraqi dinar?" The answer is no but you will need your receipt if you are ever audited to determine the tax bracket that they would charge you under. [Note: Speak with your tax professionals at the appropriate time to determine the right tax for your unique circumstances.]
11-29-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-29-2023 Intel Guru MarkZ [via PDK] A number of bankers I know are seeing “Pending” on the screens instead of “on hold” . Which is what they have seen on a number of currencies… So for the first time bankers are reporting seeing pending now. Depending on the bank…different rates are showing like $4.50 or $4.60 on the dinar. We don’t know if this is a test…or this is “it”. We don’t know if they are priming or prepping the system.
11-29-2023 Newshound Guru Kaperoni There is no overnight RV and the main reason why that could never happen is because the money supply in Iraq is too significant. There's close to 90 trillion dinar in circulation which makes it impossible for there to be such an event.
11-29-2023 Newshound Guru Samson Article: "Central Bank: US Treasury restrictions are still imposed on Iraqi banks"
11-29-2023 Newshound Guru Pimpy In 2020 we know they almost went bankrupt and they ended up devaluing their currency. After about a year they increased it again. Not to where it was. We used to be able to get 1,190 for every dollar. Now we're getting what 1,310 for every dollar...We need it to go in the other direction. The less amount of dinars we get per dollar the better it
is for our investment. Eventually what you want...it to cost you more dollars than it does dinars. You want to spend $2.00 for 1 dinar. That's the direction we want to go in.
11-29-2023 Intel Guru MarkZ [via PDK] ”Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and meeting with it next month 28th of Nov.” This article was from yesterday. Quote: “There are no restrictions on Iraqi funds abroad” This is what we call “International” Awesome things are coming out of Iraq. Question: I am hearing that a Dinar rate announcement is likely in the next couple days...are you hearing the same with reason for confidence? MarkZ: I am hearing that.
11-29-2023 Intel Guru Frank26 There is a start IOO of a testing of the lower denominations and the new exchange rate. We believe the testing is starting in the Kurdistan region...Once they show the citizens the colors/ crayon [New lower note samples] they will release the currency within 24-28 hours. We should also see a new exchange rate to come out with it as well. Has all this started? We are not seeing it in the streets. We're seeing it in preparation...
11-29-2023 Guru Nader From The Mid East Article from [Advisor to the prime minister] Salah. I love Salah. You always come with the good news...He says ...the Iraqi dinar is going to master the currency of the world soon. That's what we're working hard for and it's going to master it. A lot of people do not know what you guys know.
11-29-2023 Newshound Guru Militia Man Most of these bilateral agreements and treaties include provisions related to the freedom of movement of capital. This whole topic...Article VIII, Article 14 of the IMF is accepting the obligations...It encourages the freedom of movement of capital between countries. So everybody get ready because the fact is what we're seeing is evidence of them actually doing it in real time...
11-29-2023 Newshound/Intel Guru Mnt Goat What will 2024 look like? I will say one thing for sure as it will not be business as usual in Iraq...I will also dismiss this silly notion once again that Iraq must first rebuilt their economy and then watch the value of the dinar grow with it from 1/6 of a penny upwards...the very basis of the economy now is generating billions each month in oil revenues ...So why not reflect this value of the oil reserves alone in the rate of the dinar. If nothing else this wealth should be reflected into the equation of the rate of the dinar...I mean right now, NOT five or ten years from now... we can see the current rate does not reflect the currency value...Oh…but there is much more growth already than just oil too...We know for a FACT the dinar is being “artificially suppressed”.
11-29-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-29-2023 Intel Guru Frank26 The meeting the CBI will be having with the United States Treasury is to finalize the new exchange rate that they talked to the UST with last month. It's all about the accounting right now. It is not about the political situation...laws being passed...troops...missiles from Iran. It's not about anything but the accounting mathematics of your new exchange rate and that's what they're doing with the US Treasury. When they come back from the US Treasury I believe with all my heart you will then see the next phase which will be the HCL and a movement of the exchange rate to 1000 to 1...At a flip of a switch it will be 1 to 1...and Iraqi citizens will then have purchasing power...
11-29-2023 Intel Guru MarkZ [via PDK] In Iraq they are saying that the dinar will soon be the master currency again…meaning the most valuable. Before the invasion of Kuwait = Iraq had the most valuable currency in the world. Kuwait came in second… They are telling us very clearly we are still in the window…imo.
11-29-2023 Intel Guru Frank26 Question: "Do I need my receipt when I go exchange my Iraqi dinar?" The answer is no but you will need your receipt if you are ever audited to determine the tax bracket that they would charge you under. [Note: Speak with your tax professionals at the appropriate time to determine the right tax for your unique circumstances.]
11-29-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-29-2023 Intel Guru MarkZ [via PDK] A number of bankers I know are seeing “Pending” on the screens instead of “on hold” . Which is what they have seen on a number of currencies… So for the first time bankers are reporting seeing pending now. Depending on the bank…different rates are showing like $4.50 or $4.60 on the dinar. We don’t know if this is a test…or this is “it”. We don’t know if they are priming or prepping the system.
11-29-2023 Newshound Guru Kaperoni There is no overnight RV and the main reason why that could never happen is because the money supply in Iraq is too significant. There's close to 90 trillion dinar in circulation which makes it impossible for there to be such an event.
11-29-2023 Newshound Guru Samson Article: "Central Bank: US Treasury restrictions are still imposed on Iraqi banks"
11-29-2023 Newshound Guru Pimpy In 2020 we know they almost went bankrupt and they ended up devaluing their currency. After about a year they increased it again. Not to where it was. We used to be able to get 1,190 for every dollar. Now we're getting what 1,310 for every dollar...We need it to go in the other direction. The less amount of dinars we get per dollar the better it
is for our investment. Eventually what you want...it to cost you more dollars than it does dinars. You want to spend $2.00 for 1 dinar. That's the direction we want to go in.
11-29-2023 Intel Guru MarkZ [via PDK] ”Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and meeting with it next month 28th of Nov.” This article was from yesterday. Quote: “There are no restrictions on Iraqi funds abroad” This is what we call “International” Awesome things are coming out of Iraq. Question: I am hearing that a Dinar rate announcement is likely in the next couple days...are you hearing the same with reason for confidence? MarkZ: I am hearing that.
11-29-2023 Intel Guru Frank26 There is a start IOO of a testing of the lower denominations and the new exchange rate. We believe the testing is starting in the Kurdistan region...Once they show the citizens the colors/ crayon [New lower note samples] they will release the currency within 24-28 hours. We should also see a new exchange rate to come out with it as well. Has all this started? We are not seeing it in the streets. We're seeing it in preparation...
11-29-2023 Guru Nader From The Mid East Article from [Advisor to the prime minister] Salah. I love Salah. You always come with the good news...He says ...the Iraqi dinar is going to master the currency of the world soon. That's what we're working hard for and it's going to master it. A lot of people do not know what you guys know.
11-29-2023 Newshound Guru Militia Man Most of these bilateral agreements and treaties include provisions related to the freedom of movement of capital. This whole topic...Article VIII, Article 14 of the IMF is accepting the obligations...It encourages the freedom of movement of capital between countries. So everybody get ready because the fact is what we're seeing is evidence of them actually doing it in real time...
11-29-2023 Newshound/Intel Guru Mnt Goat What will 2024 look like? I will say one thing for sure as it will not be business as usual in Iraq...I will also dismiss this silly notion once again that Iraq must first rebuilt their economy and then watch the value of the dinar grow with it from 1/6 of a penny upwards...the very basis of the economy now is generating billions each month in oil revenues ...So why not reflect this value of the oil reserves alone in the rate of the dinar. If nothing else this wealth should be reflected into the equation of the rate of the dinar...I mean right now, NOT five or ten years from now... we can see the current rate does not reflect the currency value...Oh…but there is much more growth already than just oil too...We know for a FACT the dinar is being “artificially suppressed”.
11-29-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-29-2023 Intel Guru Frank26 The meeting the CBI will be having with the United States Treasury is to finalize the new exchange rate that they talked to the UST with last month. It's all about the accounting right now. It is not about the political situation...laws being passed...troops...missiles from Iran. It's not about anything but the accounting mathematics of your new exchange rate and that's what they're doing with the US Treasury. When they come back from the US Treasury I believe with all my heart you will then see the next phase which will be the HCL and a movement of the exchange rate to 1000 to 1...At a flip of a switch it will be 1 to 1...and Iraqi citizens will then have purchasing power...
11-29-2023 Intel Guru MarkZ [via PDK] In Iraq they are saying that the dinar will soon be the master currency again…meaning the most valuable. Before the invasion of Kuwait = Iraq had the most valuable currency in the world. Kuwait came in second… They are telling us very clearly we are still in the window…imo.
11-28-2023 Intel Guru Frank26 A lot of the sites that study the Iraqi dinar they are on the same page that we are on now. We're at that point where it's a venturi effect. Everything is being squeezed into a narrow little opening and it's creating a lot of pressure, which is good. It's positive pressure.
11-28-2023 Newshound Guru Pimpy All those gurus out there making the claim that because of the amount of oil they have, 'Oh, my God, they're going to be reinstated. The Iraqi dinar is going be extremely valuable. Pimpy doesn't know what he's talking about.' What did I say? I say, stay grounded. That's not true. Not true at all. There are other hurdles Iraq has to go through in order
for the exchange rate to increase in value. I said this a million times, Iraq relies too much on oil to fund their government so it's not going to go up just because they got tons of oil.
11-28-2023 Newshound Guru Militia Man Article: "The story of the Faili Kurds with the Central Bank of Iraq" This story is looking to be what they need to do. That is to educate the citizens. The recent talk shows that it is what is to be expected going on. The citizens will need to have confidence. Their confidence will build and will come more quickly with the realization of having purchasing power.
11-28-2023 Newshound Guru Samson Article: "Iraq is looking to eliminate the dollar and buy imported goods in local currency"
11-28-2023 Newshound/Intel Guru Walkingstick [Iraqi Bank friend Aki report] [lower note tests] are happening now. Where? North [Perhaps Kurdistan] ...He said it's happening right now. In fact he says it's been happening...for about a week...We're looking for any rumors or scuttlebutt in the markets. Look everywhere. We're looking for 6 currencies - 1, 5, 10, 20, 50 and 100. Do we have colors for them? Yes, yellow, green, blue, tan, orange and light red. And coins...they're going to come out with coins too.
11-28-2023 Intel Guru Frank26 There's going to be a meeting with the CBI and the US Treasury in Dubai. All you got to do is figure it out. The first [meeting in Washington] was for what? The American dollar. So you go to the US Treasury. This one is important for what? The Iraqi dinar. So you go to a place like Dubai. Would you go anywhere else? ...It is exciting times. It's amazing what's going on.
11-28-2023 Intel Guru MarkZ [via PDK] From Iraq: “The dinar will recover: Iraq nears imminent end of dollar crisis before end of 2023” We all know only one thing that will cure the dollar crisis …and that’s a new higher dinar value. They are telling us this is coming….
11-28-2023 Newshound Guru Clare Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023” Quote: “The government and the central bank are working to end the dollar crisis once and for all, and there is great progress in this file and there is control over the market, as well as a gradual decline in exchange rates in the parallel market..."
11-28-2023 Newshound Guru Pimpy I've heard people talk negatively about the Iraqi dinar several times...What you find out is a lot of these professionals, their reason for why the Iraq dinar will never revalue are not real reasons. Those are reasons why Iraqi dinar has not revalued YET. I've never heard a so-called professional come out and give a 100% reason why it's never ever going to happen...
11-28-2023 Newshound Guru Militia Man Article: "Electronic Payment raises the value of the dinar" Quote: "electronic payments will in all circumstances restrict all local cash payments and currencies other than the dinar." The 'other than the dinar' part is really cool because all dollars and everything inside the country internally are not going to be used. You're going to have to use the dinar, not the dollar...yen or anything else...
11-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying CBI has come a long ways in battling the dollar and the battle is about to come to end. FRANK: Yeah, darn right! The theme, mantra, ambrosia in the taste of Iraq's monetary reform is repeating the same thing over and over, It's about to come to an end. What? The dollar. Which means our currency is going to blossom.
11-28-2023 Intel Guru MarkZ [via PDK] Question: What is your gut saying right now? MarkZ: It was screaming “by Dec 1st” And, with the news coming out of Iraq I would not be surprised to see it this week. But NOBIDY KNOWS THE EXACT TIMING.
11-28-2023 Newshound Guru tishwash Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023" Quote: "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year."
11-28-2023 Newshound Guru Pimpy All those gurus out there making the claim that because of the amount of oil they have, 'Oh, my God, they're going to be reinstated. The Iraqi dinar is going be extremely valuable. Pimpy doesn't know what he's talking about.' What did I say? I say, stay grounded. That's not true. Not true at all. There are other hurdles Iraq has to go through in order
for the exchange rate to increase in value. I said this a million times, Iraq relies too much on oil to fund their government so it's not going to go up just because they got tons of oil.
11-28-2023 Newshound Guru Militia Man Article: "The story of the Faili Kurds with the Central Bank of Iraq" This story is looking to be what they need to do. That is to educate the citizens. The recent talk shows that it is what is to be expected going on. The citizens will need to have confidence. Their confidence will build and will come more quickly with the realization of having purchasing power.
11-28-2023 Newshound Guru Samson Article: "Iraq is looking to eliminate the dollar and buy imported goods in local currency"
11-28-2023 Newshound/Intel Guru Walkingstick [Iraqi Bank friend Aki report] [lower note tests] are happening now. Where? North [Perhaps Kurdistan] ...He said it's happening right now. In fact he says it's been happening...for about a week...We're looking for any rumors or scuttlebutt in the markets. Look everywhere. We're looking for 6 currencies - 1, 5, 10, 20, 50 and 100. Do we have colors for them? Yes, yellow, green, blue, tan, orange and light red. And coins...they're going to come out with coins too.
11-28-2023 Intel Guru Frank26 There's going to be a meeting with the CBI and the US Treasury in Dubai. All you got to do is figure it out. The first [meeting in Washington] was for what? The American dollar. So you go to the US Treasury. This one is important for what? The Iraqi dinar. So you go to a place like Dubai. Would you go anywhere else? ...It is exciting times. It's amazing what's going on.
11-28-2023 Intel Guru MarkZ [via PDK] From Iraq: “The dinar will recover: Iraq nears imminent end of dollar crisis before end of 2023” We all know only one thing that will cure the dollar crisis …and that’s a new higher dinar value. They are telling us this is coming….
11-28-2023 Newshound Guru Clare Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023” Quote: “The government and the central bank are working to end the dollar crisis once and for all, and there is great progress in this file and there is control over the market, as well as a gradual decline in exchange rates in the parallel market..."
11-28-2023 Newshound Guru Pimpy I've heard people talk negatively about the Iraqi dinar several times...What you find out is a lot of these professionals, their reason for why the Iraq dinar will never revalue are not real reasons. Those are reasons why Iraqi dinar has not revalued YET. I've never heard a so-called professional come out and give a 100% reason why it's never ever going to happen...
11-28-2023 Newshound Guru Militia Man Article: "Electronic Payment raises the value of the dinar" Quote: "electronic payments will in all circumstances restrict all local cash payments and currencies other than the dinar." The 'other than the dinar' part is really cool because all dollars and everything inside the country internally are not going to be used. You're going to have to use the dinar, not the dollar...yen or anything else...
11-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying CBI has come a long ways in battling the dollar and the battle is about to come to end. FRANK: Yeah, darn right! The theme, mantra, ambrosia in the taste of Iraq's monetary reform is repeating the same thing over and over, It's about to come to an end. What? The dollar. Which means our currency is going to blossom.
11-28-2023 Intel Guru MarkZ [via PDK] Question: What is your gut saying right now? MarkZ: It was screaming “by Dec 1st” And, with the news coming out of Iraq I would not be surprised to see it this week. But NOBIDY KNOWS THE EXACT TIMING.
11-28-2023 Newshound Guru tishwash Article: "The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023" Quote: "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year."
11-27-2023 Newshound Guru Militia Man The transition away from the dollar is underway. Now there's room for a new exchange rate to come because they're going to finally [pass] this Oil and Gas Law at some point, the distribution of allocations for the 2023 budget, investment projects are all going to need the same thing...I think it's going to be the exchange rate, the newest one, the Article VIII compliant one. They're focusing in on this...
11-27-2023 Newshound Guru Pimpy Article: "An Iraqi delegation will go to Turkey tomorrow to discuss the possibility of opening correspondent accounts for Iraqi banks" They are going there to iron out what they need to do for this currency swap...this is a continuation of what we've been talking about for a couple weeks now. Turkey is one of the countries Iraq will be holding their
currency and Turkey will be holding Iraqi dinar. The currency swap. This is good.
11-27-2023 Intel Guru MarkZ [via PDK] The chatter in Iraq is extremely awesome right now... I am hearing today that they are educating folks and spreading lower denominations ...brand new lower denominations. They are more prominent in the Kurdish region now is what I heard. A number of ministers have said that the ”parallel market” will be fixed in the coming days. How are they going to fix that? A revaluation.
11-27-2023 Newshound Guru Kaperoni A significant increase in the value of the dinar at or equal to its face value with 90 trillion dinar in circulation would, in essence, be six times the value of the entire countries wealth...This is why I have stated numerous times that if and when the dinar ever was to go up in value, it would have to go up gradually over time so that the dinar money supply could be reduced. But that only could occur if Iraq's economy began to significantly prosper.
11-27-2023 Newshound Guru Clare Article: "Central Bank: There is no scarcity of dinar stocks and the monetary supply exceeds 100 trillion" Quote: “the size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70 percent of which is in circulation.”
11-27-2023 Intel Guru Frank26 JP Morgan Chase is now actively involved with the Iraqi dinar. They may doubt it half the time but the other half they guide you. The Chief Executive Office of Chase Mr. Diamond released a document last month saying his bank is now supporting the Iraqi dinar 100% and he's building Chase Banks in Iraq. The employees of Chase do not know what's going on in order to protect the corporation that will soon be exchanging the Iraqi dinar in America...
11-27-2023 Intel Guru MarkZ [via PDK] There is so much happening…..Its shaking out to be an interesting few days. Article: “Iraq Financial Delegation heads to Ankara to discuss trade with Turkey” this is more Iraq coming on the International scene. They continue to function as if they are already a member of the World Trade Organization. They are busy making regional alliances.
11-27-2023 Newshound Guru Militia Man The banks now have liquidity with all the currency swaps that we've seen that are completed...We've got all the meetings with all the different countries on currency swap. These currency swaps are phenomenal because...they're going to be clearing the Iraqi dinar with Article VIII compliant currencies...
11-27-2023 Guru Nader From The Mid East Great news this morning...They start them leaving the country to discuss the exchange rates between countries. They're going to start with Turkey... Article "Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey"
11-27-2023 Newshound Guru Pimpy There was a content creator who absolutely misinterpreted an article we need to clarify the mistakes that were made so people don't panic... Article "We are not thinking of returning the dollar to its previous price and the problem began under Saddam - Central Bank" When they say return it to the precious price, for some reason the individual thought that meant returning to the $3.22 rate. That's not what they're talking about. Nowhere in the article does it say the $3.22 rate. It just says return it to its previous price...that means the one before this one. That would be 1450 dinar. He's talking about they're not going to devalue the Iraq dinar.
11-27-2023 Intel Guru MarkZ [via PDK] In Iraq: “Change of business dealings- Iraq replaced dollar with currencies to stabilize the dinar.” In other words “De-Dollarization” They want to be totally dollar free by Jan. 1st. All part of creating a basket of currencies that will help support the dinar. Something to measure against other than the dollar...
11-27-2023 Newshound Guru Pimpy Article: "An Iraqi delegation will go to Turkey tomorrow to discuss the possibility of opening correspondent accounts for Iraqi banks" They are going there to iron out what they need to do for this currency swap...this is a continuation of what we've been talking about for a couple weeks now. Turkey is one of the countries Iraq will be holding their
currency and Turkey will be holding Iraqi dinar. The currency swap. This is good.
11-27-2023 Intel Guru MarkZ [via PDK] The chatter in Iraq is extremely awesome right now... I am hearing today that they are educating folks and spreading lower denominations ...brand new lower denominations. They are more prominent in the Kurdish region now is what I heard. A number of ministers have said that the ”parallel market” will be fixed in the coming days. How are they going to fix that? A revaluation.
11-27-2023 Newshound Guru Kaperoni A significant increase in the value of the dinar at or equal to its face value with 90 trillion dinar in circulation would, in essence, be six times the value of the entire countries wealth...This is why I have stated numerous times that if and when the dinar ever was to go up in value, it would have to go up gradually over time so that the dinar money supply could be reduced. But that only could occur if Iraq's economy began to significantly prosper.
11-27-2023 Newshound Guru Clare Article: "Central Bank: There is no scarcity of dinar stocks and the monetary supply exceeds 100 trillion" Quote: “the size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70 percent of which is in circulation.”
11-27-2023 Intel Guru Frank26 JP Morgan Chase is now actively involved with the Iraqi dinar. They may doubt it half the time but the other half they guide you. The Chief Executive Office of Chase Mr. Diamond released a document last month saying his bank is now supporting the Iraqi dinar 100% and he's building Chase Banks in Iraq. The employees of Chase do not know what's going on in order to protect the corporation that will soon be exchanging the Iraqi dinar in America...
11-27-2023 Intel Guru MarkZ [via PDK] There is so much happening…..Its shaking out to be an interesting few days. Article: “Iraq Financial Delegation heads to Ankara to discuss trade with Turkey” this is more Iraq coming on the International scene. They continue to function as if they are already a member of the World Trade Organization. They are busy making regional alliances.
11-27-2023 Newshound Guru Militia Man The banks now have liquidity with all the currency swaps that we've seen that are completed...We've got all the meetings with all the different countries on currency swap. These currency swaps are phenomenal because...they're going to be clearing the Iraqi dinar with Article VIII compliant currencies...
11-27-2023 Guru Nader From The Mid East Great news this morning...They start them leaving the country to discuss the exchange rates between countries. They're going to start with Turkey... Article "Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey"
11-27-2023 Newshound Guru Pimpy There was a content creator who absolutely misinterpreted an article we need to clarify the mistakes that were made so people don't panic... Article "We are not thinking of returning the dollar to its previous price and the problem began under Saddam - Central Bank" When they say return it to the precious price, for some reason the individual thought that meant returning to the $3.22 rate. That's not what they're talking about. Nowhere in the article does it say the $3.22 rate. It just says return it to its previous price...that means the one before this one. That would be 1450 dinar. He's talking about they're not going to devalue the Iraq dinar.
11-27-2023 Intel Guru MarkZ [via PDK] In Iraq: “Change of business dealings- Iraq replaced dollar with currencies to stabilize the dinar.” In other words “De-Dollarization” They want to be totally dollar free by Jan. 1st. All part of creating a basket of currencies that will help support the dinar. Something to measure against other than the dollar...
11-26-2023 Newshound Guru Militia Man ...A new exchange rate...will likely be coming quickly now. The salaries will need it, the budget spending for projects will need it, getting into the international global financial system will require it.
11-26-2023 Intel Guru Frank26 Our time is coming to an end in my strong opinion. I'm excited about the fact that 2024 is around the corner.
11-26-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-26-2023 Newshound Guru Pimpy There's people out there making the claim that if you all put your dinars together then you can get a better rate. That's not true. You're not gonna get a better rate. There's a rate for everybody. There is no 'getting together'. And they're sending their serial numbers on their dinars to these people. What you don't understand is these people are counterfeiting the dinars and they're using your serial numbers. Don't be sending your serial numbers in to people. Don't fall for any of that crap.
11-26-2023 Newshound/Intel Guru Walkingstick It's all about the accounting in order to make the exchange rate easier to transition for the accounting. It's all about...the numbers...once they are done with the accounting, once the rate is at 1000 to 1, stand by.
11-26-2023 Intel Guru Frank26 Article: "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”. THE SOLUTION IS NOT A PROGRAM RATE!
11-26-2023 Newshound Guru Militia Man Article: "The dollar exchange rates are subject to the forces of supply and demand in the market" By adding other currencies from around the world they're going do diminish the need for the dollar and therefore it's basically going to go away...these guys are not playing games anymore...The US Treasury, Central Bank of Iraq, US Federal Reserve they are all working towards going one direction and that's to enhance the Global Financial System...
11-26-2023 Newshound Guru Samson Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month"
11-26-2023 Newshound Guru Clare Article: "The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed...Friday, that the dollar battle is nearing its end" X Tweet: "The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market. In short, the battle for the dollar is nearing its end."
11-26-2023 Newshound Guru Pimpy Why is it that countries were willing to exchange more Iraqi dinar for US dollars? There's a black market out there. It isn't just the citizens that are taking advantage of it...There are countries that one way or another...get their hand on Iraqi dinar and then they swap them on the black market for US dollars. Yes, they are sacrificing more Iraqi dinar than what the official rate is but to them it's worth it...Iran has agreed to be paid in Iraqi dinars from Iraq to counter depreciation for the rial. They then exchange Iraqi dinar for US dollars on the black market. Iran is one of a few countries under sanctions that do this...
11-26-2023 Newshound Guru Militia Man Article: "The highest among the Gulf countries.. The Arab Monetary Fund expects the Iraqi economy to grow by 4.5%" There is likely no doubt that Iraq is about to have massive growth going forward. To be the highest just now among all middle eastern countries is going to be a big deal. I suspect the ISX is going to be on fire this next year even more so than ever before..
11-26-2023 Intel Guru MarkZ [via PDK] Here is one more...bank story: This person went to Krogers…and what they had installed in Krogers will surprise you. A currency redemption machine that reads foreign currency...And they are building a brand new BOA right across the street with no drive through windows …in the lobby there are no tellers...in the lobby are 2 big tables…and there are 10 offices down each side of the building. This is a totally new format and will be open next week...They are expecting people in with foreign currency. How many people roll around with foreign currency? I think this is a huge tell on what they suspect is coming…
11-26-2023 Intel Guru Frank26 Our time is coming to an end in my strong opinion. I'm excited about the fact that 2024 is around the corner.
11-26-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-26-2023 Newshound Guru Pimpy There's people out there making the claim that if you all put your dinars together then you can get a better rate. That's not true. You're not gonna get a better rate. There's a rate for everybody. There is no 'getting together'. And they're sending their serial numbers on their dinars to these people. What you don't understand is these people are counterfeiting the dinars and they're using your serial numbers. Don't be sending your serial numbers in to people. Don't fall for any of that crap.
11-26-2023 Newshound/Intel Guru Walkingstick It's all about the accounting in order to make the exchange rate easier to transition for the accounting. It's all about...the numbers...once they are done with the accounting, once the rate is at 1000 to 1, stand by.
11-26-2023 Intel Guru Frank26 Article: "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”. THE SOLUTION IS NOT A PROGRAM RATE!
11-26-2023 Newshound Guru Militia Man Article: "The dollar exchange rates are subject to the forces of supply and demand in the market" By adding other currencies from around the world they're going do diminish the need for the dollar and therefore it's basically going to go away...these guys are not playing games anymore...The US Treasury, Central Bank of Iraq, US Federal Reserve they are all working towards going one direction and that's to enhance the Global Financial System...
11-26-2023 Newshound Guru Samson Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month"
11-26-2023 Newshound Guru Clare Article: "The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed...Friday, that the dollar battle is nearing its end" X Tweet: "The reform plans for the financial and banking system undertaken by the government and the Central Bank of Iraq aim to build strong foundations for the stability of the economy and pave the way for creating a suitable climate for investment, and end the eras of illegal trade, dollar smuggling, and speculative operations in market. In short, the battle for the dollar is nearing its end."
11-26-2023 Newshound Guru Pimpy Why is it that countries were willing to exchange more Iraqi dinar for US dollars? There's a black market out there. It isn't just the citizens that are taking advantage of it...There are countries that one way or another...get their hand on Iraqi dinar and then they swap them on the black market for US dollars. Yes, they are sacrificing more Iraqi dinar than what the official rate is but to them it's worth it...Iran has agreed to be paid in Iraqi dinars from Iraq to counter depreciation for the rial. They then exchange Iraqi dinar for US dollars on the black market. Iran is one of a few countries under sanctions that do this...
11-26-2023 Newshound Guru Militia Man Article: "The highest among the Gulf countries.. The Arab Monetary Fund expects the Iraqi economy to grow by 4.5%" There is likely no doubt that Iraq is about to have massive growth going forward. To be the highest just now among all middle eastern countries is going to be a big deal. I suspect the ISX is going to be on fire this next year even more so than ever before..
11-26-2023 Intel Guru MarkZ [via PDK] Here is one more...bank story: This person went to Krogers…and what they had installed in Krogers will surprise you. A currency redemption machine that reads foreign currency...And they are building a brand new BOA right across the street with no drive through windows …in the lobby there are no tellers...in the lobby are 2 big tables…and there are 10 offices down each side of the building. This is a totally new format and will be open next week...They are expecting people in with foreign currency. How many people roll around with foreign currency? I think this is a huge tell on what they suspect is coming…
11-25-2023 Newshound Guru Pimpy To say it's never going to happen, is false. It can happen. But is it going to happen because they pass the three-year budget and they need the exchange rate to increase in order to do all the things they wanted to do? No. Is it going to increase because a hydro-carbon law has been singed...? No. Is it going to increase because it's impossible for them to get into the World Trade Organization with the current exchange rate that they have? No...Stay grounded. Let's watch how Iraq progresses. It's not going to happen overnight...
11-25-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-25-2023 Newshound Guru Militia Man There's things happening as we speak - one thing after another. I can't imagine anybody being discouraged at this time because of the nature of what's happening.
11-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying private banks and exchange companies are expressing the preparation in reducing the exchange rate. FRANK: Oooo, snap!
11-25-2023 Newshound Guru Samson Article: "The Ministry of Transport intends to open direct airlines towards Australia, America and Malaysia"
11-25-2023 Newshound Guru Sandy Ingram The country has no tax on foreign income, capital gains, inheritance, stock profits, wealth or gifts...The former Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, obtained Dominica citizenship in 2017 along with his wife and two children and did not renounce it upon his appointment as governor of the CBI which was clear violation of article 18 paragraph 4 of the Iraqi Constitution. He held the position of governor of the Central Bank of Iraq from September 2020 until his removal by the current prime minister on January 23, 2023...There are corruption questions...a legal complaint... has been filed due to the loss and depletion of millions of dollars regarding forged import documents... [Post 2 of 2]
11-25-2023 Newshound Guru Sandy Ingram Wealthy Iraqis move to the Caribbean. Guess who's on the list? ...The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected of corruption...Iraq's politician are monitored by the organized Crime and Corruption Report Project (OCCRP)...This is part of the effort to catch
individual involved in corruption....The project reported the purchase of Dominica (tiny Caribbean island) citizenship...enabling them to travel worldwide without a Visa...This country's visa is magical. Citizens can travel to 144 countries without a visa... [Post 1 of 2....stay tuned]
11-25-2023 Newshound Guru Clare Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month" Quote: "Al-Alaq said in a press interview that “the Iraqi Central Bank will hold a meeting with the US Treasury and the Federal Reserve early next month in Dubai, noting that “radical steps will be taken within the framework of reorganizing trade on the right foundations,” noting that the electronic platform will be completed early next year.”
11-25-2023 Intel Guru MarkZ [via PDK] My Redemption Center contacts are still on call this weekend. As of this morning they have not been called in…yet.
11-25-2023 Newshound Guru Pimpy If you are being forced to rely on the US dollar that strengthens the US dollar. Think supply and demand. If the US keeps going around forcing these countries to have a dual currency and to take the US dollar, people will rather have the US dollars. They believe those dollars to be stronger but as people start to de-dollarize and get away from using the US dollars and start using their currencies that strengthens their currency and weakens the US dollar...
11-25-2023 Newshound Guru Militia Man Article: "Ministry of Transport intends to open direct airlines towards Australia, America, Malaysia" It's not just about a few regional countries. It's about many different places. Once you start opening up the airports all the investors can gain access to the country to take charge of their investment, produce their businesses. It's a really big thing to have an international airport full...they have their capacity...what they're using today is at 100% and they're not even international yet...
11-25-2023 Intel Guru MarkZ [via PDK] We have some bank stories I think you will enjoy... I thought this was a fantastic one: I am editing the name of the bank for the bank and the individual’s safety: I have an account with -----------I was there the other day talking with a bank manager. I asked her if she knew about Basel 3 and the changes in banks requirements in becoming a world’s currency exchange center and gold backed institution…She said they knew about the changes...and that they had been watching me (The bank customer) and had a portfolio on me and they were excited for me and hoped they could keep me as a customer…. She said that was all she could say…and she may have said to much. I think this was fantastic. We have heard similar stories from other members.
11-25-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-25-2023 Newshound Guru Militia Man There's things happening as we speak - one thing after another. I can't imagine anybody being discouraged at this time because of the nature of what's happening.
11-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying private banks and exchange companies are expressing the preparation in reducing the exchange rate. FRANK: Oooo, snap!
11-25-2023 Newshound Guru Samson Article: "The Ministry of Transport intends to open direct airlines towards Australia, America and Malaysia"
11-25-2023 Newshound Guru Sandy Ingram The country has no tax on foreign income, capital gains, inheritance, stock profits, wealth or gifts...The former Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, obtained Dominica citizenship in 2017 along with his wife and two children and did not renounce it upon his appointment as governor of the CBI which was clear violation of article 18 paragraph 4 of the Iraqi Constitution. He held the position of governor of the Central Bank of Iraq from September 2020 until his removal by the current prime minister on January 23, 2023...There are corruption questions...a legal complaint... has been filed due to the loss and depletion of millions of dollars regarding forged import documents... [Post 2 of 2]
11-25-2023 Newshound Guru Sandy Ingram Wealthy Iraqis move to the Caribbean. Guess who's on the list? ...The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected of corruption...Iraq's politician are monitored by the organized Crime and Corruption Report Project (OCCRP)...This is part of the effort to catch
individual involved in corruption....The project reported the purchase of Dominica (tiny Caribbean island) citizenship...enabling them to travel worldwide without a Visa...This country's visa is magical. Citizens can travel to 144 countries without a visa... [Post 1 of 2....stay tuned]
11-25-2023 Newshound Guru Clare Article: "Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and a meeting with it next month" Quote: "Al-Alaq said in a press interview that “the Iraqi Central Bank will hold a meeting with the US Treasury and the Federal Reserve early next month in Dubai, noting that “radical steps will be taken within the framework of reorganizing trade on the right foundations,” noting that the electronic platform will be completed early next year.”
11-25-2023 Intel Guru MarkZ [via PDK] My Redemption Center contacts are still on call this weekend. As of this morning they have not been called in…yet.
11-25-2023 Newshound Guru Pimpy If you are being forced to rely on the US dollar that strengthens the US dollar. Think supply and demand. If the US keeps going around forcing these countries to have a dual currency and to take the US dollar, people will rather have the US dollars. They believe those dollars to be stronger but as people start to de-dollarize and get away from using the US dollars and start using their currencies that strengthens their currency and weakens the US dollar...
11-25-2023 Newshound Guru Militia Man Article: "Ministry of Transport intends to open direct airlines towards Australia, America, Malaysia" It's not just about a few regional countries. It's about many different places. Once you start opening up the airports all the investors can gain access to the country to take charge of their investment, produce their businesses. It's a really big thing to have an international airport full...they have their capacity...what they're using today is at 100% and they're not even international yet...
11-25-2023 Intel Guru MarkZ [via PDK] We have some bank stories I think you will enjoy... I thought this was a fantastic one: I am editing the name of the bank for the bank and the individual’s safety: I have an account with -----------I was there the other day talking with a bank manager. I asked her if she knew about Basel 3 and the changes in banks requirements in becoming a world’s currency exchange center and gold backed institution…She said they knew about the changes...and that they had been watching me (The bank customer) and had a portfolio on me and they were excited for me and hoped they could keep me as a customer…. She said that was all she could say…and she may have said to much. I think this was fantastic. We have heard similar stories from other members.
11-24-2023 Newshound Guru Militia Man They're saying it's done. I really like that. I think you guys should be happy about it because if all the currency swaps are taken care of...I think it's a precursor to an exchange rate change in the future.
11-24-2023 Intel Guru MarkZ [via PDK] Lots of financial experts are... still hoping we see the RV by Dec 1st. That is their goal. And Iraq has been very clear it needs to go by Jan 1st.
11-24-2023. Get Free zBucks Get 500 zBucks FREE every week. 1 zBuck = $1 "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." Discover how this little known currency doubles your purchasing power and/or Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Shows You How Click here to learn more >>
11-24-2023 Newshound Guru Pimpy They have things they can fall back on...GDP per capita...according to World Bank data Kuwait had a GDP per capita of approximately $29,000 in 2019 while Iraq was $5,000...Kuwait does share the wealth with the citizens, Iraq was not doing that. This substantial difference in GDP per capita clearly indicates Kuwait is wealthier on a person basis than Iraq. Even thought that's true it doesn't mean Iraq can't turn around get their crap together because if they did they would easily smash Kuwait...Once the Iraqi people are becoming prosperous as well you're going see Iraq pass up Kuwait as far as being a rich nation...Kuwait's got their act together. We need Iraq to do the same thing. [Post 2 of 2]
11-24-2023 Newshound Guru Pimpy [Response to Guru Nader below] What I'm about to talk about proves Iraq has potential to be much much richer than Kuwait and could have much more valuable currency than a Kuwait dinar... [Guru] Nader is stating Iraq is 100, no, 1000 times richer than Kuwait. I've done a side-by-side comprising...What makes Kuwait such a rich nation, Iraq absolutely has a lot more. But what's keeping Iraq behind is the following - ...Nader is right, when it comes to oil. Iraq has so much more than Kuwait does and Kuwait relies on their export of oil to make their country rich. The difference between Kuwait and Iraq is Kuwait has other things bringing money into their country besides oil. [Post 1 of 2....stay tuned]
11-24-2023 Guru Nader From The Mid East It has to revalue. If you talk about the assets and how much Iraq has...Look at Kuwait doesn't have anything. No agriculture. They have a little bit of tourism. When Kuwait hits your mind? Almost never. Here's the thing though, Iraq is more richer than Kuwait. It's 100x, 1000x richer than Kuwait. Of course because it's bigger than Kuwait... When you hear the head of state saying the dinar is stronger than the dollar you got to believe him. It is stronger.
11-24-2023 Intel Guru MarkZ [via PDK] In Iraq they do not have a rate posted yet. But we continue to hear great things that should happen in the coming days. We don’t know the timing but it sure appears close...I believe this currency window is still wide open waiting for someone to say “go” ...
11-24-2023 Newshound Guru Militia Man Article: "With the participation of 120 companies...the launch of the Iraq International Building, Construction and Infrastructure Exhibition" This...being launched in Baghdad for the next few days is not surprising at all on the back of all the WTO meetings...since Oct 31st regarding Iraq's accession to the organization. The 2023-2024-2025 budget is about investment primarily into infrastructure. It takes a lot of capital to build a country back...It will take massive amounts. It is far too expensive with 1310 exchange rate. An internationally accepted REER will likely make it far cheaper.
11-24-2023 Newshound Guru Clare Article: "US approval to increase the dollar balances of 10 Iraqi banks" Quote: "The source explained that this agreement came in light of the recent meetings held by the Central Bank of Iraq with the American side, which resulted in an increase in the number of banks that can directly enhance their dollar balance to 10 banks, 5 of which are through Citibank, and the other five are through JP Morgan Bank."
11-24-2023 Newshound Guru Pimpy I started thinking about something. Right now Iraq is mostly importing. This is a time when a country would want to increase their exchange rate. This gives them more purchasing power. But that's not what is happening over there in Iraq...I was wondering why don't they just increase the exchange rate? This would give them more purchasing power and would help them as far as dealing with the deficit because if your exchange rate if higher then you have more purchasing power...Increase in the value of the Iraqi dinar means the imports that they pay for would be cheaper because they would have purchasing power...
11-24-2023 Intel Guru MarkZ [via PDK] Lots of financial experts are... still hoping we see the RV by Dec 1st. That is their goal. And Iraq has been very clear it needs to go by Jan 1st.
11-24-2023. Get Free zBucks Get 500 zBucks FREE every week. 1 zBuck = $1 "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." Discover how this little known currency doubles your purchasing power and/or Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Shows You How Click here to learn more >>
11-24-2023 Newshound Guru Pimpy They have things they can fall back on...GDP per capita...according to World Bank data Kuwait had a GDP per capita of approximately $29,000 in 2019 while Iraq was $5,000...Kuwait does share the wealth with the citizens, Iraq was not doing that. This substantial difference in GDP per capita clearly indicates Kuwait is wealthier on a person basis than Iraq. Even thought that's true it doesn't mean Iraq can't turn around get their crap together because if they did they would easily smash Kuwait...Once the Iraqi people are becoming prosperous as well you're going see Iraq pass up Kuwait as far as being a rich nation...Kuwait's got their act together. We need Iraq to do the same thing. [Post 2 of 2]
11-24-2023 Newshound Guru Pimpy [Response to Guru Nader below] What I'm about to talk about proves Iraq has potential to be much much richer than Kuwait and could have much more valuable currency than a Kuwait dinar... [Guru] Nader is stating Iraq is 100, no, 1000 times richer than Kuwait. I've done a side-by-side comprising...What makes Kuwait such a rich nation, Iraq absolutely has a lot more. But what's keeping Iraq behind is the following - ...Nader is right, when it comes to oil. Iraq has so much more than Kuwait does and Kuwait relies on their export of oil to make their country rich. The difference between Kuwait and Iraq is Kuwait has other things bringing money into their country besides oil. [Post 1 of 2....stay tuned]
11-24-2023 Guru Nader From The Mid East It has to revalue. If you talk about the assets and how much Iraq has...Look at Kuwait doesn't have anything. No agriculture. They have a little bit of tourism. When Kuwait hits your mind? Almost never. Here's the thing though, Iraq is more richer than Kuwait. It's 100x, 1000x richer than Kuwait. Of course because it's bigger than Kuwait... When you hear the head of state saying the dinar is stronger than the dollar you got to believe him. It is stronger.
11-24-2023 Intel Guru MarkZ [via PDK] In Iraq they do not have a rate posted yet. But we continue to hear great things that should happen in the coming days. We don’t know the timing but it sure appears close...I believe this currency window is still wide open waiting for someone to say “go” ...
11-24-2023 Newshound Guru Militia Man Article: "With the participation of 120 companies...the launch of the Iraq International Building, Construction and Infrastructure Exhibition" This...being launched in Baghdad for the next few days is not surprising at all on the back of all the WTO meetings...since Oct 31st regarding Iraq's accession to the organization. The 2023-2024-2025 budget is about investment primarily into infrastructure. It takes a lot of capital to build a country back...It will take massive amounts. It is far too expensive with 1310 exchange rate. An internationally accepted REER will likely make it far cheaper.
11-24-2023 Newshound Guru Clare Article: "US approval to increase the dollar balances of 10 Iraqi banks" Quote: "The source explained that this agreement came in light of the recent meetings held by the Central Bank of Iraq with the American side, which resulted in an increase in the number of banks that can directly enhance their dollar balance to 10 banks, 5 of which are through Citibank, and the other five are through JP Morgan Bank."
11-24-2023 Newshound Guru Pimpy I started thinking about something. Right now Iraq is mostly importing. This is a time when a country would want to increase their exchange rate. This gives them more purchasing power. But that's not what is happening over there in Iraq...I was wondering why don't they just increase the exchange rate? This would give them more purchasing power and would help them as far as dealing with the deficit because if your exchange rate if higher then you have more purchasing power...Increase in the value of the Iraqi dinar means the imports that they pay for would be cheaper because they would have purchasing power...
11-23-2023 Newshound Guru Pimpy The good news keeps flowing in. That's what we want to hear. That's what we want to see...
11-23-2023 Newshound Guru Militia Man What's the exchange rate crisis? It's been at 1310 since the early part of 2023. They devalued to 1460 then they adjusted it by 10%. What's not good about that? What did it prove? That adjustment the World Bank was talking about of 10.3% is actually a positive sign because what did it do? It staved off inflation...There's some positive aspects to some of these things...Revaluations happen. They need to be tested.
11-23-2023. Get Free zBucks Get 500 zBucks FREE every week. 1 zBuck = $1 "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." Discover how this little known currency doubles your purchasing power and/or Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Shows You How Click here to learn more >>
11-23-2023 Intel Guru RayRen98 [via Babysmom] TURKEY DAY UPDATE "SOME CURRENCY REGULATOR TYPES ARE REPORTING TO WORK LATER TONIGHT...WORKING THE "HOLIDAY" NIGHT SHIFT, LOOKING FOR SOMETHING TO HAPPEN BEFORE THE SUN RISES. TIME WILL TELL".
11-23-2023 Intel Guru Frank26 When is it going to end? When are we going to have our blessing? When is the new exchange rate going to come out? The chances of that happening are like 99% improved compared to any date in the past...
11-23-2023 Newshound Guru Kaperoni If and when the day comes where Iraq begins to diversify their economy, then they can begin to withdraw some of the larger notes from circulation and begin to raise the value to counter inflation gradually. This process then could begin to introduce a smaller notes to replace the larger notes as the currency appreciates. But again, this would have to happen gradually over time so Iraq could reduce the money supply, which currently is over 90 trillion.
11-23-2023 Intel Guru MarkZ [via PDK] I can tell you so far this morning none of my redemption center contacts have been called in yet. But they are “on call” today. They are on a short leash which is very unusual for a holiday weekend.
11-23-2023 Newshound Guru Pimpy Every decision they make when it comes to Iraqi dinar absolutely positively affects the economy. Before they can make a decision to either devalue the currency or increase the value of the currency they have to sit back and figure out how it affects the economy...Iraq is mostly an import country. They rely way too much on other countries providing goods for them. An increase in Iraqi dinar would make those goods cheaper... They're still trying to rebuild so an increase in the value of the exchange rate would help them go a long way. It would give them more purchasing power and imports would be a lot cheaper.
11-23-2023 Newshound Guru Militia Man Article quote: "Many countries in the region and the world have expressed a great desire to participate in this project [Iraq's Development Road Project] especially since it will be the most appropriate, shortest, least expensive way to transport goods between the continents of Asia and Europe" It's going to be a major hub of the globe and you're thinking that Iraq can't ever revalue their currency? I think that is just flat-out silly. To think that it's not going to ever happen...the news speaks for itself...
11-23-2023 Guru Nader From The Mid East The CBI website it's been 3 days on and off. I don't know if they've been hacked. I don't know if they doing updates. I don't know what they doing but it's been done. Yesterday I Have a lot of errors, today it's blank...
11-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: For the first time we're seeing a video. It's new. It's 10 minutes long. It's being shown to us every day now this week...They say they are dedicated to the Iraqi citizens to keep us updated on the changes by the banks on our new monetary system reform...It will be every day updating us on new financial news. FRANK: They told them now every day for 10 minutes during the financial report of Iraq Channel One we're going to start to talk to you more about the monetary reform...These are the things we told you they were going to do. Pretty cool.
11-23-2023 Newshound/Intel Guru Mnt Goat We know for a FACT that it is the U.S. through the Treasury Dept. direction that will NOT give sign-off to allow the reinstatement. Why? Finally, we know, the CBI has told us that January is the most opportune time to reinstate for accounting purposes, since it begins their new FISCAL year. Just be patient, the reinstatement is coming and I firmly believe with what we now are 99% sure it is going to be a January 2024 event. WOW! Finally!!! [Post 3 of 3]
11-23-2023 Newshound/Intel Guru Mnt Goat We know since January they have undertaken a massive “de-dollarization” program and told it should have taken 6 years but they decided to do it in 1 year (2023). Why such a hurry? We know the value of the IQD right now without any further economic development does exceed even pre-1991 era ($3.22) but still at 1/6 of a penny? We know Iraq now pumps 2/3 more oil than in pre-1991 era. We know Iraq also has announced 132+ tons of GOLD reserves. We know they are pushing this year alone, more than any other year since 2005, for the passing of Oil and Gas law. Why? [Post 2 of 3....stay tuned]
11-23-2023 Newshound/Intel Guru Mnt Goat So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate it’s own currency? Why do I say “now is the time”? We know they are completely out of Chapter VII sanctions since December 2022, and so why not treat them as such? We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody to do what they want with it... We know they have plans for yet more Sovereign Funds to invest their reserves. We know they are making agreements now for “currency swaps” and will no longer be using any US dollars in Iraq as of January 1st 2024. [Post 1 of 3....stay tuned]
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11-23-2023 Newshound Guru Militia Man What's the exchange rate crisis? It's been at 1310 since the early part of 2023. They devalued to 1460 then they adjusted it by 10%. What's not good about that? What did it prove? That adjustment the World Bank was talking about of 10.3% is actually a positive sign because what did it do? It staved off inflation...There's some positive aspects to some of these things...Revaluations happen. They need to be tested.
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11-23-2023 Intel Guru RayRen98 [via Babysmom] TURKEY DAY UPDATE "SOME CURRENCY REGULATOR TYPES ARE REPORTING TO WORK LATER TONIGHT...WORKING THE "HOLIDAY" NIGHT SHIFT, LOOKING FOR SOMETHING TO HAPPEN BEFORE THE SUN RISES. TIME WILL TELL".
11-23-2023 Intel Guru Frank26 When is it going to end? When are we going to have our blessing? When is the new exchange rate going to come out? The chances of that happening are like 99% improved compared to any date in the past...
11-23-2023 Newshound Guru Kaperoni If and when the day comes where Iraq begins to diversify their economy, then they can begin to withdraw some of the larger notes from circulation and begin to raise the value to counter inflation gradually. This process then could begin to introduce a smaller notes to replace the larger notes as the currency appreciates. But again, this would have to happen gradually over time so Iraq could reduce the money supply, which currently is over 90 trillion.
11-23-2023 Intel Guru MarkZ [via PDK] I can tell you so far this morning none of my redemption center contacts have been called in yet. But they are “on call” today. They are on a short leash which is very unusual for a holiday weekend.
11-23-2023 Newshound Guru Pimpy Every decision they make when it comes to Iraqi dinar absolutely positively affects the economy. Before they can make a decision to either devalue the currency or increase the value of the currency they have to sit back and figure out how it affects the economy...Iraq is mostly an import country. They rely way too much on other countries providing goods for them. An increase in Iraqi dinar would make those goods cheaper... They're still trying to rebuild so an increase in the value of the exchange rate would help them go a long way. It would give them more purchasing power and imports would be a lot cheaper.
11-23-2023 Newshound Guru Militia Man Article quote: "Many countries in the region and the world have expressed a great desire to participate in this project [Iraq's Development Road Project] especially since it will be the most appropriate, shortest, least expensive way to transport goods between the continents of Asia and Europe" It's going to be a major hub of the globe and you're thinking that Iraq can't ever revalue their currency? I think that is just flat-out silly. To think that it's not going to ever happen...the news speaks for itself...
11-23-2023 Guru Nader From The Mid East The CBI website it's been 3 days on and off. I don't know if they've been hacked. I don't know if they doing updates. I don't know what they doing but it's been done. Yesterday I Have a lot of errors, today it's blank...
11-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: For the first time we're seeing a video. It's new. It's 10 minutes long. It's being shown to us every day now this week...They say they are dedicated to the Iraqi citizens to keep us updated on the changes by the banks on our new monetary system reform...It will be every day updating us on new financial news. FRANK: They told them now every day for 10 minutes during the financial report of Iraq Channel One we're going to start to talk to you more about the monetary reform...These are the things we told you they were going to do. Pretty cool.
11-23-2023 Newshound/Intel Guru Mnt Goat We know for a FACT that it is the U.S. through the Treasury Dept. direction that will NOT give sign-off to allow the reinstatement. Why? Finally, we know, the CBI has told us that January is the most opportune time to reinstate for accounting purposes, since it begins their new FISCAL year. Just be patient, the reinstatement is coming and I firmly believe with what we now are 99% sure it is going to be a January 2024 event. WOW! Finally!!! [Post 3 of 3]
11-23-2023 Newshound/Intel Guru Mnt Goat We know since January they have undertaken a massive “de-dollarization” program and told it should have taken 6 years but they decided to do it in 1 year (2023). Why such a hurry? We know the value of the IQD right now without any further economic development does exceed even pre-1991 era ($3.22) but still at 1/6 of a penny? We know Iraq now pumps 2/3 more oil than in pre-1991 era. We know Iraq also has announced 132+ tons of GOLD reserves. We know they are pushing this year alone, more than any other year since 2005, for the passing of Oil and Gas law. Why? [Post 2 of 3....stay tuned]
11-23-2023 Newshound/Intel Guru Mnt Goat So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate it’s own currency? Why do I say “now is the time”? We know they are completely out of Chapter VII sanctions since December 2022, and so why not treat them as such? We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody to do what they want with it... We know they have plans for yet more Sovereign Funds to invest their reserves. We know they are making agreements now for “currency swaps” and will no longer be using any US dollars in Iraq as of January 1st 2024. [Post 1 of 3....stay tuned]
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11-22-2023 Intel Guru Frank26 I know it looks like parliament is trying to delay the monetary reform. They keep breaking the crayons for Sudani and Alaq...
11-22-2023 Intel Guru MarkZ [via PDK] I have heard some very encouraging things about the next 4 days…Banks are excited...and banking personnel believe we are very close. In a nutshell it points to the next 4-5 days for our announcements.
11-22-2023 Newshound Guru Pimpy This is what I think is funny about these so-called professionals. They start off by telling you the Iraqi dinar is never going revalue and then they turn around and tell you well, there is some possibilities. Either it is or it isn't. Why don't you just be honest about the Iraqi dinar? The dinar is not a scam. It's a legitimate currency. Can it increase in value? Of course it could.
11-22-2023 Intel Guru Bruce [via WiserNow] Think everything is in full prep mode ready to roll. Now what could happen - we don't know...do not know if tomorrow is in play – Thanksgiving night might be in play for notifications. Start of everything could be Friday...you know, we just don't know...I think it is possible they will let us have our numbers and we set our appointments for Friday...
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11-22-2023 Guru Nader From The Mid East Yes, it's going to revalue. When? I don't know. But it's going to revalue. They have to revalue. If you look at the history and you look at the wealth Iraq has...It's real. What's going on is real...The revolution of the dinar is there. The reinstatement is there. They're going to have to reinstate...The...dinar was down because of the war and the sanctions...Iraq got heavily sanctions. But now the country is going back to normal.
11-22-2023 Newshound Guru Clare Article: "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful” Quote: "Monday (November 20, 2023), an informed source reported an expected meeting between the Central Bank of Iraq and the US Treasury Department next week."
11-22-2023 Intel Guru MarkZ [via PDK] In Iraq they are talking about how de-dollarization is working…and now that they have opened banks using other currencies …it has greatly reduced their reliance on the US dollar. And they are seeing the dinar rate gain against the US dollar. I was told that as soon as the parallel/black market rate reaches the official rate…then the big value change. They need to stabilize the rates before they can change them.
11-22-2023 Newshound Guru Samson Article: "The dollar in Iraq... Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”
11-22-2023 Newshound Guru Militia Man The Finance Minister is working with the United States, the UK ambassador and what are they talking about? ...The steps for ascension to the global financial system. What comes to mind when talking about 'ascension'? WTO has ascension. What else?
11-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq's security teams arrested the most dangerous foreign currency smuggler inside of Iraq. They're saying this is the head of the snake. They tell us that by removing this man our reforms will continue and move forward as has been promised to us Iraqi citizens. FRANK: These events...are extremely powerful events to allow the new exchange rate to come out.
11-22-2023 Newshound Guru Pimpy Month, month and a half there's been quite a bit of positive news coming out of Iraq. Let's hope they stay out of trouble and continue working on doing what it takes to regain their sovereignty. They're taking all the right steps to do what it takes to appreciate the Iraqi dinar which all of us are happy about. You still got people out there...swearing up and down that means there's going to be a reinstatement of the $3.22 rate. I'm going to continue to tell you no it isn't. I still believe the Iraqi dinar is going to go up in increments. It's not going to jump up to $3.22 right off the get-go. It'll get there fairly quick but it's not going to happen overnight. As long as they stay in the good graces of the Untied States everything should be fine...
11-22-2023 Intel Guru MarkZ [via PDK] Comment: Researching bank websites in my little town - "Wealth Management" is a service found on all - not used to seeing that. Another service is "Foreign Currency Exchange". MarkZ: Banks are preparing for the shift.
11-22-2023 Intel Guru MarkZ [via PDK] I have heard some very encouraging things about the next 4 days…Banks are excited...and banking personnel believe we are very close. In a nutshell it points to the next 4-5 days for our announcements.
11-22-2023 Newshound Guru Pimpy This is what I think is funny about these so-called professionals. They start off by telling you the Iraqi dinar is never going revalue and then they turn around and tell you well, there is some possibilities. Either it is or it isn't. Why don't you just be honest about the Iraqi dinar? The dinar is not a scam. It's a legitimate currency. Can it increase in value? Of course it could.
11-22-2023 Intel Guru Bruce [via WiserNow] Think everything is in full prep mode ready to roll. Now what could happen - we don't know...do not know if tomorrow is in play – Thanksgiving night might be in play for notifications. Start of everything could be Friday...you know, we just don't know...I think it is possible they will let us have our numbers and we set our appointments for Friday...
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11-22-2023 Guru Nader From The Mid East Yes, it's going to revalue. When? I don't know. But it's going to revalue. They have to revalue. If you look at the history and you look at the wealth Iraq has...It's real. What's going on is real...The revolution of the dinar is there. The reinstatement is there. They're going to have to reinstate...The...dinar was down because of the war and the sanctions...Iraq got heavily sanctions. But now the country is going back to normal.
11-22-2023 Newshound Guru Clare Article: "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful” Quote: "Monday (November 20, 2023), an informed source reported an expected meeting between the Central Bank of Iraq and the US Treasury Department next week."
11-22-2023 Intel Guru MarkZ [via PDK] In Iraq they are talking about how de-dollarization is working…and now that they have opened banks using other currencies …it has greatly reduced their reliance on the US dollar. And they are seeing the dinar rate gain against the US dollar. I was told that as soon as the parallel/black market rate reaches the official rate…then the big value change. They need to stabilize the rates before they can change them.
11-22-2023 Newshound Guru Samson Article: "The dollar in Iraq... Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”
11-22-2023 Newshound Guru Militia Man The Finance Minister is working with the United States, the UK ambassador and what are they talking about? ...The steps for ascension to the global financial system. What comes to mind when talking about 'ascension'? WTO has ascension. What else?
11-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq's security teams arrested the most dangerous foreign currency smuggler inside of Iraq. They're saying this is the head of the snake. They tell us that by removing this man our reforms will continue and move forward as has been promised to us Iraqi citizens. FRANK: These events...are extremely powerful events to allow the new exchange rate to come out.
11-22-2023 Newshound Guru Pimpy Month, month and a half there's been quite a bit of positive news coming out of Iraq. Let's hope they stay out of trouble and continue working on doing what it takes to regain their sovereignty. They're taking all the right steps to do what it takes to appreciate the Iraqi dinar which all of us are happy about. You still got people out there...swearing up and down that means there's going to be a reinstatement of the $3.22 rate. I'm going to continue to tell you no it isn't. I still believe the Iraqi dinar is going to go up in increments. It's not going to jump up to $3.22 right off the get-go. It'll get there fairly quick but it's not going to happen overnight. As long as they stay in the good graces of the Untied States everything should be fine...
11-22-2023 Intel Guru MarkZ [via PDK] Comment: Researching bank websites in my little town - "Wealth Management" is a service found on all - not used to seeing that. Another service is "Foreign Currency Exchange". MarkZ: Banks are preparing for the shift.
11-21-2023 Intel Guru Frank26 We want to see what Sudani and Alaq are saying. We don't care one bit about anything else...Why don't you care? Because there's only one thing I care about, that's the new exchange rate...
11-21-2023 Intel Guru MarkZ [via PDK] They are really screaming today…. What is really shocking when I talk to some of my folks in foreign currency and Wealth Management…I call them redemption contacts…Well, they are on call tomorrow. This will be their first major holiday where they are actually “ON CALL” in case this happens. This was a big one IMO. This was a first for me.
11-21-2023 Newshound/Intel Guru Walkingstick [Aki Iraqi Bank Friend Update] Number 1 [Aki's Boss] has informed Aki the CBI is going to have...'All hands on meeting' to share the results of a recent CBI meeting. These meetings are continual and only with the banks, no politicians. These meetings were with all the upper management of every bank in Iraq...IOO they're talking about the new exchange rate of the Iraqi dinar and the new small category notes...We told you there would be one last rate change on the exchange rate of the Iraqi dinar. Aki suggested to us it would be 1,200 to 1... WALKINGSTICK: ...Look more for 1000 to 1 because when they get there then they can lift the three zeros.
11-21-2023 Newshound Guru Pimpy In the news we see Iraq is involved in another currency swap...The fact they're now starting to prepare themselves to do currency swaps with UAE is big news. The more they do that with other countries the stronger the Iraqi dinar becomes. Think supply and demand. In order for you to do a currency swap you have to take in their currencies and they have to take in yours...
11-21-2023 Newshound Guru Militia Man Article: "Alaq says the rise in the exchange rate in his time and the project to delete the zeros still exists" When was that? July 26, 2023. The plan is still underway, hasn't changed. It's a dynamic and fluid circumstance. We had the Bank of International Settlements come out and talk about highly complex financial transactions ...shocks, warning people...we can see there's some fireworks going on...in the background.
11-21-2023 Intel Guru MarkZ Question: What is the difference between and RV and an RI? ...RI means they are re-instating the old value. An RV is revaluing at something different than the old value. Either one will be great for us. If they re-Instate it – I believe the rate was $3 something…maybe $3.30 or so…. Even with a re-instatement they are able to add more for inflation which could put it in the $4 dollar range. That is the basics.
11-21-2023 Newshound Guru Clare Article: "An upcoming meeting between the Iraqi Central Bank and the US Treasury next week” Quote "...new meeting between Iraq and the United States of America regarding the dollar...On (last September 19) in New York, Iraqi Prime Minister Muhammad Shia al-Sudani informed the US Treasury Under Secretary of the expansion of his government’s work in reducing money laundering operations, while the latter indicated that the confidence of global financial institutions had been restored."
11-21-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better and better as the months roll on. Folks, we are almost done with this long journey. More and more pieces of the puzzle are put in place over these past weeks. We can now see the picture and see it clearly. It has become not a matter of “if” this event will occur but “when”. Iraq has given us further nuggets of information to speculate but with pretty good evidence that our speculative conclusions maybe spot on.
11-21-2023 Newshound Guru Samson Article: "An upcoming meeting between the Iraqi Central Bank and the US Treasury next week"
11-21-2023 Intel Guru Frank26 Article quote: "Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar." What?!? Word for word of what we taught you...This is the last step. IMO the CBI is going to be going to the US Treasury next week...This is exactly what we want next. [Post 2 of 2]
11-21-2023 Intel Guru Frank26 Two months ago a quick little pip movement took the exchange rate of the Iraqi dinar from 1460 to 1320...They were supposed to make the next step. I told you at that time, 'Now that they've made this movement, let's say 1320 to 1, the next one will be 1,000 to 1 and when they do they will be in position to lift the three zeros and float the currency in a basket...' [Post 1 of 2....stay tuned]
11-21-2023 Intel Guru MarkZ [via PDK] They are really screaming today…. What is really shocking when I talk to some of my folks in foreign currency and Wealth Management…I call them redemption contacts…Well, they are on call tomorrow. This will be their first major holiday where they are actually “ON CALL” in case this happens. This was a big one IMO. This was a first for me.
11-21-2023 Newshound/Intel Guru Walkingstick [Aki Iraqi Bank Friend Update] Number 1 [Aki's Boss] has informed Aki the CBI is going to have...'All hands on meeting' to share the results of a recent CBI meeting. These meetings are continual and only with the banks, no politicians. These meetings were with all the upper management of every bank in Iraq...IOO they're talking about the new exchange rate of the Iraqi dinar and the new small category notes...We told you there would be one last rate change on the exchange rate of the Iraqi dinar. Aki suggested to us it would be 1,200 to 1... WALKINGSTICK: ...Look more for 1000 to 1 because when they get there then they can lift the three zeros.
11-21-2023 Newshound Guru Pimpy In the news we see Iraq is involved in another currency swap...The fact they're now starting to prepare themselves to do currency swaps with UAE is big news. The more they do that with other countries the stronger the Iraqi dinar becomes. Think supply and demand. In order for you to do a currency swap you have to take in their currencies and they have to take in yours...
11-21-2023 Newshound Guru Militia Man Article: "Alaq says the rise in the exchange rate in his time and the project to delete the zeros still exists" When was that? July 26, 2023. The plan is still underway, hasn't changed. It's a dynamic and fluid circumstance. We had the Bank of International Settlements come out and talk about highly complex financial transactions ...shocks, warning people...we can see there's some fireworks going on...in the background.
11-21-2023 Intel Guru MarkZ Question: What is the difference between and RV and an RI? ...RI means they are re-instating the old value. An RV is revaluing at something different than the old value. Either one will be great for us. If they re-Instate it – I believe the rate was $3 something…maybe $3.30 or so…. Even with a re-instatement they are able to add more for inflation which could put it in the $4 dollar range. That is the basics.
11-21-2023 Newshound Guru Clare Article: "An upcoming meeting between the Iraqi Central Bank and the US Treasury next week” Quote "...new meeting between Iraq and the United States of America regarding the dollar...On (last September 19) in New York, Iraqi Prime Minister Muhammad Shia al-Sudani informed the US Treasury Under Secretary of the expansion of his government’s work in reducing money laundering operations, while the latter indicated that the confidence of global financial institutions had been restored."
11-21-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better and better as the months roll on. Folks, we are almost done with this long journey. More and more pieces of the puzzle are put in place over these past weeks. We can now see the picture and see it clearly. It has become not a matter of “if” this event will occur but “when”. Iraq has given us further nuggets of information to speculate but with pretty good evidence that our speculative conclusions maybe spot on.
11-21-2023 Newshound Guru Samson Article: "An upcoming meeting between the Iraqi Central Bank and the US Treasury next week"
11-21-2023 Intel Guru Frank26 Article quote: "Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar." What?!? Word for word of what we taught you...This is the last step. IMO the CBI is going to be going to the US Treasury next week...This is exactly what we want next. [Post 2 of 2]
11-21-2023 Intel Guru Frank26 Two months ago a quick little pip movement took the exchange rate of the Iraqi dinar from 1460 to 1320...They were supposed to make the next step. I told you at that time, 'Now that they've made this movement, let's say 1320 to 1, the next one will be 1,000 to 1 and when they do they will be in position to lift the three zeros and float the currency in a basket...' [Post 1 of 2....stay tuned]
11-20-2023 Intel Guru MarkZ [via PDK] I have a great bank story to share with you guys. I will leave her name out for anonymity: “Went to a JP Morgan Chase bank today. The teller confirmed that they are in training and admitted they are changing their systems. There was a 13 foot pillar advertisement – a LED screen that was saying “Foreign Currency Exchange” And admitted
what you [MarkZ] and the others like Frank...others tell us. We were smiling a lot after that bank visit today."
11-20-2023 Newshound Guru Militia Man We're hoping Iraq will show us they have Article VIII compliance any time now. Let's see what happens...
11-20-2023 Newshound Guru Clare Article: "Iraqi Banks Association: The dollar will fall to the rate of 1,400 dinars... and the date is expected" Quote: "The advisor to the Iraqi Banks Association, Samir Al-Nusairi, expected dollar prices to fall to 1,400 dinars during the first quarter of next year."
11-20-2023 Intel Guru Frank26 Question: "What if you lost your receipt for your dinar?" Try to get ahold of the individual you bought it from. If they have records...maybe they might help you. My broker does not...If you lost it. Oh, dear. That can be a problem financially for you because you want to hold your currency for one year...Because...your [tax] bracket is whatever the
government says but if you don't have a receipt or if you don't hold it for a year and you go exchange...that's a different tax bracket. They're going to really bite you hard. It's the difference between 40% tax and 20% tax... [NOTE: Consult your tax professionals at the appropriate time to determinate proper tax for your unique circumstances]
11-20-2023 Intel Guru MarkZ [via PDK] Question: What is your gut saying today Mark? MarkZ: My gut is screaming that we are on the precipice …I think my Iraqi contacts are right and we will see it before Dec 1st.
11-20-2023 Guru Nader From The Mid East The facts are true. The changes are true. But the numbers are not true. Iraq cannot afford a rate like this anymore. They can't...Whatever you hear about [1400] and stuff like that don't believe it. Revaluation is coming for sure. Yes it is coming...it's not going to stop. They're going to keep pushing pushing and pushing and pushing...
11-20-2023 Newshound Guru Pimpy Article: "Changes in business dealings...Iraq replaces the dollar with other currencies to stabilize the dinar" All this is good news but it's going to take a little time for some of this to be implemented. What I'm looking forward to is seeing how Iraq does in the first quarter of next year because by then all the kinks should have been worked out of these programs implemented and we should start to see the results in the first quarter of 2024.
11-20-2023 Newshound Guru Militia Man Article [via MeetMeOnline] quote: "Easing of global commodity prices, the revaluation of the dinar, the continued price subsidies are projected to keep inflation in check..." This is coming from the World Bank...price subsidies are projected to keep inflation in check because of why? Because of the revaluation of the dinar...The World Bank are the ones talking about the revaluation of the dinar and the revaluation will help facilitate [many things]...
11-20-2023 Intel Guru MarkZ [via PDK] This was a very interesting weekend. Multiple redemption center contacts say they DID WORK THIS WEEKEND…not for redeeming people but for training new people to fill out their rosters. This to me is a very big deal...according to my sources and other people’s sources…they were training more teller level individuals over the weekend in foreign currency and exchange procedures. This is absolutely exciting news. So redemption center folks were spending their Saturday and Sunday in preparation for our exchange. Very exciting. This tells me how extremely close we are.
11-20-2023 Newshound Guru Clare Article Written by: Baqir Jabr Al-Zubaidi - former Minister of Finance "The ongoing dollar crisis" Quote: "The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen...Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar."
11-20-2023 Intel Guru Frank26 The Iraqi dinar is now going to enter a basket in a float and that's why the CBI has been talking...about the basket and coins... All they talk about is the exchange rate of the Iraqi dinar, about the black market going away and the only way that all of this can happen is if we have a new exchange rate and a new currency to match it. They are preparing [Iraqi citizens]. This is the monetary reform at its highest point...
11-20-2023 Intel Guru MarkZ [via PDK] “Iraqi Prime Minister orders a reform of the Iraqi banking sector” He goes on to address exchange rates. “Iraqi financial expert predicts decline in dollar exchange rate.” He expects the dinar to continue to gain strength against the US dollar. “BRICS: Iraq to ditch US dollar for imported goods” They are looking to start their own “free trade zone” for selling local goods in their own currency. With a steep discount for the goods. So by using the dinar they get a better deal on these products. This is part of de-dollarization.
what you [MarkZ] and the others like Frank...others tell us. We were smiling a lot after that bank visit today."
11-20-2023 Newshound Guru Militia Man We're hoping Iraq will show us they have Article VIII compliance any time now. Let's see what happens...
11-20-2023 Newshound Guru Clare Article: "Iraqi Banks Association: The dollar will fall to the rate of 1,400 dinars... and the date is expected" Quote: "The advisor to the Iraqi Banks Association, Samir Al-Nusairi, expected dollar prices to fall to 1,400 dinars during the first quarter of next year."
11-20-2023 Intel Guru Frank26 Question: "What if you lost your receipt for your dinar?" Try to get ahold of the individual you bought it from. If they have records...maybe they might help you. My broker does not...If you lost it. Oh, dear. That can be a problem financially for you because you want to hold your currency for one year...Because...your [tax] bracket is whatever the
government says but if you don't have a receipt or if you don't hold it for a year and you go exchange...that's a different tax bracket. They're going to really bite you hard. It's the difference between 40% tax and 20% tax... [NOTE: Consult your tax professionals at the appropriate time to determinate proper tax for your unique circumstances]
11-20-2023 Intel Guru MarkZ [via PDK] Question: What is your gut saying today Mark? MarkZ: My gut is screaming that we are on the precipice …I think my Iraqi contacts are right and we will see it before Dec 1st.
11-20-2023 Guru Nader From The Mid East The facts are true. The changes are true. But the numbers are not true. Iraq cannot afford a rate like this anymore. They can't...Whatever you hear about [1400] and stuff like that don't believe it. Revaluation is coming for sure. Yes it is coming...it's not going to stop. They're going to keep pushing pushing and pushing and pushing...
11-20-2023 Newshound Guru Pimpy Article: "Changes in business dealings...Iraq replaces the dollar with other currencies to stabilize the dinar" All this is good news but it's going to take a little time for some of this to be implemented. What I'm looking forward to is seeing how Iraq does in the first quarter of next year because by then all the kinks should have been worked out of these programs implemented and we should start to see the results in the first quarter of 2024.
11-20-2023 Newshound Guru Militia Man Article [via MeetMeOnline] quote: "Easing of global commodity prices, the revaluation of the dinar, the continued price subsidies are projected to keep inflation in check..." This is coming from the World Bank...price subsidies are projected to keep inflation in check because of why? Because of the revaluation of the dinar...The World Bank are the ones talking about the revaluation of the dinar and the revaluation will help facilitate [many things]...
11-20-2023 Intel Guru MarkZ [via PDK] This was a very interesting weekend. Multiple redemption center contacts say they DID WORK THIS WEEKEND…not for redeeming people but for training new people to fill out their rosters. This to me is a very big deal...according to my sources and other people’s sources…they were training more teller level individuals over the weekend in foreign currency and exchange procedures. This is absolutely exciting news. So redemption center folks were spending their Saturday and Sunday in preparation for our exchange. Very exciting. This tells me how extremely close we are.
11-20-2023 Newshound Guru Clare Article Written by: Baqir Jabr Al-Zubaidi - former Minister of Finance "The ongoing dollar crisis" Quote: "The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen...Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar."
11-20-2023 Intel Guru Frank26 The Iraqi dinar is now going to enter a basket in a float and that's why the CBI has been talking...about the basket and coins... All they talk about is the exchange rate of the Iraqi dinar, about the black market going away and the only way that all of this can happen is if we have a new exchange rate and a new currency to match it. They are preparing [Iraqi citizens]. This is the monetary reform at its highest point...
11-20-2023 Intel Guru MarkZ [via PDK] “Iraqi Prime Minister orders a reform of the Iraqi banking sector” He goes on to address exchange rates. “Iraqi financial expert predicts decline in dollar exchange rate.” He expects the dinar to continue to gain strength against the US dollar. “BRICS: Iraq to ditch US dollar for imported goods” They are looking to start their own “free trade zone” for selling local goods in their own currency. With a steep discount for the goods. So by using the dinar they get a better deal on these products. This is part of de-dollarization.
11-19-2023 Newshound Guru Pimpy Iraq is rocking and rolling on infrastructure. This is going provide a lot of jobs. This is going to start really opening up the economy for Iraq...Things are starting to rock and roll, let's hope nothing spoils it...
11-19-2023 Intel Guru Frank26 Question: "If you just have a small amount of dinars would you just go to the bank manager [to exchange]?" Yeah. You got a small amount... 100,000, quarter of a million whatever, yeah, go up to the teller and have them take care of you. They won't take care of you at the counter, they'll move you over. That's why they're building these cubicles all over the place.
11-19-2023 Newshound Guru Sandy Ingram The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless. It's common practice for central banks of different countries around the world to hold large amounts of reserves of foreign exchange. Most of these reserves are held in US dollars since it is the most traded currency in the world...The amount of monies a country holds in its reserves has a lot to do with the county's currency rate...Iraq has the largest foreign currency reserves in its' history...
11-19-2023 Newshound Guru Jeff The reason why there's no news coming out of Iraq is because Iraq is done with everything. They finished everything needed to revalue. They're ready to revalue but they can't and they're not going revalue immediately because they have to clean up corruption. Article: "Al-Halbousi faces 4 criminal charges after the end of his presidency" Boom!... Halabousi is going to be facing 4 criminal charges.
11-19-2023 Newshound Guru Pimpy Article: "Iraqi banks begin straightening their accounts in UAE dirhams next week" There you go next week they start a different currency swap. This one is now going to be with the UAE. They're currently working on India as well...This is...necessary for them to do business with one another...These currency swaps can start happening but in order for us to see any real results it's going to take at least the rest of the year for this thing to get ironed out and implemented...The end of the first quarter of 2024...we'll start to see some results.
11-19-2023 Newshound Guru Samson Article: "Source: Iraqi banks will begin strengthening their accounts in UAE dirhams next week"
11-19-2023 Intel Guru RayRen98 [via Babysmom] ...THIS MORNING "3 LTR GUYS SAY THEY ARE NOT SURE IF WE WILL SEE "IT" THIS MORNING OR LATER TODAY AFTER THE MARKET OPENS...BUT THEY ARE DEFINITELY THINKING "TODAY".. TIME WILL TELL"; "... "ALL IS READY, AND WE JUST GOT THE (GO) SIGNAL. ALL SYSTEMS READY...NO HOLD UPS IN SIGHT. TIME WILL TELL".
11-19-2023 Intel Guru Frank26 [Call the bank experiment results] Of about 300 people...half of them told me Mr. Frank, they said it's a scam. And the other half told me, Mr Frank, they told me everything and more...The experiment worked. I didn't give you a phone number for a bank...I gave you an 800 number for Chase Financial call center...Of nearly 300 phone calls we were able to find a pattern...the names of these operators. We found the operators that were negative...Yet there were these other operators that were...educated or maybe students of the Iraqi dinar said, oh, yes you need to talk to our Wealth Management Department let me transfer you over there right away...The experiment was a success! [See yesterday's Spain Bank Story Below 11-18-2023]
11-19-2023 Newshound Guru Militia Man Quote: "the meeting comes under highly complex economic conditions...discussing a number of aspects related to the role of monetary policy in facing risks resulted from the repercussions of possible macroeconomic shocks..." In other words, something is going to happen and they're telling the largest entities in the world that they're facing risks resulting from repercussions of possible macroeconomic shocks. In other words if something happens in a small country, something else could happen in a big country...If the bank of International Settlements is telling this to other central banks who does business with other central banks, those that need to know this information just got told something's up. [Post 2 of 2]
11-19-2023 Newshound Guru Militia Man The Bank of International Settlements is the central banks of all central banks. They move markets. Commercial traders fear central banks because of the amount of money they have to be able to throw at markets. The Bank of International Settlements talked with language I've never heard before in my 30 years of trading. When central banks have to be very very careful on how they say things because what they say will move markets. People can lose and make money. Article "The Arab Monetary Fund of the International Settlements organized a meeting...on Wednesday and Tuesday November 15th 16th of 2023" This article did not come out until the 16th. The 15th they never mentioned it...Why not tell you in advance they're having a meeting...? [Post 1 of 2....stay tuned]
11-19-2023 Intel Guru MarkZ [via PDK] In Iraq: “Iraq joins EBRD, becoming the 74th shareholder announces foreign ministry” This is the European bank for Reconstructions and Development. This is a major worldwide organization and bank. They are not doing this for some third world country. Iraq applied to be a member in 2018. But, they waited until now to bring them on board. Does this tell you anything? I believe it tells us we are about to see a currency change. If they are joining an international organization they are going to need an international currency.
11-19-2023 Intel Guru Frank26 Question: "If you just have a small amount of dinars would you just go to the bank manager [to exchange]?" Yeah. You got a small amount... 100,000, quarter of a million whatever, yeah, go up to the teller and have them take care of you. They won't take care of you at the counter, they'll move you over. That's why they're building these cubicles all over the place.
11-19-2023 Newshound Guru Sandy Ingram The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless. It's common practice for central banks of different countries around the world to hold large amounts of reserves of foreign exchange. Most of these reserves are held in US dollars since it is the most traded currency in the world...The amount of monies a country holds in its reserves has a lot to do with the county's currency rate...Iraq has the largest foreign currency reserves in its' history...
11-19-2023 Newshound Guru Jeff The reason why there's no news coming out of Iraq is because Iraq is done with everything. They finished everything needed to revalue. They're ready to revalue but they can't and they're not going revalue immediately because they have to clean up corruption. Article: "Al-Halbousi faces 4 criminal charges after the end of his presidency" Boom!... Halabousi is going to be facing 4 criminal charges.
11-19-2023 Newshound Guru Pimpy Article: "Iraqi banks begin straightening their accounts in UAE dirhams next week" There you go next week they start a different currency swap. This one is now going to be with the UAE. They're currently working on India as well...This is...necessary for them to do business with one another...These currency swaps can start happening but in order for us to see any real results it's going to take at least the rest of the year for this thing to get ironed out and implemented...The end of the first quarter of 2024...we'll start to see some results.
11-19-2023 Newshound Guru Samson Article: "Source: Iraqi banks will begin strengthening their accounts in UAE dirhams next week"
11-19-2023 Intel Guru RayRen98 [via Babysmom] ...THIS MORNING "3 LTR GUYS SAY THEY ARE NOT SURE IF WE WILL SEE "IT" THIS MORNING OR LATER TODAY AFTER THE MARKET OPENS...BUT THEY ARE DEFINITELY THINKING "TODAY".. TIME WILL TELL"; "... "ALL IS READY, AND WE JUST GOT THE (GO) SIGNAL. ALL SYSTEMS READY...NO HOLD UPS IN SIGHT. TIME WILL TELL".
11-19-2023 Intel Guru Frank26 [Call the bank experiment results] Of about 300 people...half of them told me Mr. Frank, they said it's a scam. And the other half told me, Mr Frank, they told me everything and more...The experiment worked. I didn't give you a phone number for a bank...I gave you an 800 number for Chase Financial call center...Of nearly 300 phone calls we were able to find a pattern...the names of these operators. We found the operators that were negative...Yet there were these other operators that were...educated or maybe students of the Iraqi dinar said, oh, yes you need to talk to our Wealth Management Department let me transfer you over there right away...The experiment was a success! [See yesterday's Spain Bank Story Below 11-18-2023]
11-19-2023 Newshound Guru Militia Man Quote: "the meeting comes under highly complex economic conditions...discussing a number of aspects related to the role of monetary policy in facing risks resulted from the repercussions of possible macroeconomic shocks..." In other words, something is going to happen and they're telling the largest entities in the world that they're facing risks resulting from repercussions of possible macroeconomic shocks. In other words if something happens in a small country, something else could happen in a big country...If the bank of International Settlements is telling this to other central banks who does business with other central banks, those that need to know this information just got told something's up. [Post 2 of 2]
11-19-2023 Newshound Guru Militia Man The Bank of International Settlements is the central banks of all central banks. They move markets. Commercial traders fear central banks because of the amount of money they have to be able to throw at markets. The Bank of International Settlements talked with language I've never heard before in my 30 years of trading. When central banks have to be very very careful on how they say things because what they say will move markets. People can lose and make money. Article "The Arab Monetary Fund of the International Settlements organized a meeting...on Wednesday and Tuesday November 15th 16th of 2023" This article did not come out until the 16th. The 15th they never mentioned it...Why not tell you in advance they're having a meeting...? [Post 1 of 2....stay tuned]
11-19-2023 Intel Guru MarkZ [via PDK] In Iraq: “Iraq joins EBRD, becoming the 74th shareholder announces foreign ministry” This is the European bank for Reconstructions and Development. This is a major worldwide organization and bank. They are not doing this for some third world country. Iraq applied to be a member in 2018. But, they waited until now to bring them on board. Does this tell you anything? I believe it tells us we are about to see a currency change. If they are joining an international organization they are going to need an international currency.
11-18-2023 Intel Guru Frank26 Community comment "We don't have to pay taxes on dinar exchange." Stop that nonsense...how dumb is that. Where in history of the United States of America have you seen our government say you don't have to pay any tax on any of that? They'll chase you until Hades to get the taxes they think you owe them. Don't deceive yourself. Don't be that way. That's part of proper stewardship. You're going to pay taxes and pay them... [NOTE: Consult your tax professionals at the appropriate time to determinate proper tax for your unique circumstances]
11-18-2023 Newshound Guru Militia Man They need to have an exchange rate for the HCL. That's what I see. That's my opinion.
11-18-2023 Newshound Guru Jeff In order for the 2023 budget to be implemented Iraq needed to have publicly posted in the Gazette the budget operating instructions. They never did that. That step never happened...Iraq has not implemented its '23 budget that's why they have to resort to financing salaries and have done so since July...If they had an active budget they would not need to finance.
11-18-2023 Newshound/Intel Guru Walkingstick Sudani told the Iraqi citizens your currency will soon be the strongest currency in the world not just the Middle East.
11-18-2023 Newshound Guru Pimpy Without a doubt these last few months for Iraq have seemed very good. They're heading in the right direction. They're doing all the things necessary to be accepted back into the International community. Little by little they're gaining back privileges that they didn't have before. Before long they'll have their own sovereignty. We know they are currently working on the ascension into the World Trade Organization. We know now their banks are able to do international foreign exchange transfers into the bank and other countries are doing currency swaps with them. The good news doesn't end there...
11-18-2023 Intel Guru MarkZ [via PDK] The big news...is “Parliament convenes Special Session as alliance nominates three successor candidates to Al-Halibousi” The overwhelming agreement is that Halibousi has been a major roadblock especially on the 3 paragraphs of the HCL…the Kurds and Baghdad. So they removed Al Halibousi who was wildly considered to be a roadblock and kept us from getting across the finish line with the HCL law. From my sources I feel very confident that he was the roadblock. It is very encouraging that he was removed and is being replaced. They continue to tell me they want this done by Dec. 1st. Let’s pray and hope this is accurate.
11-18-2023 Intel Guru Frank26 [Spain Bank Story] As you know I live in Spain. Last Friday I went to the Bank of Spain branch in Barcelona. It's the Central Bank of Spain. There are only two branches in our country...I showed the man at the counter a 50K dinar bill. The man looked at me and told me they couldn't change that bill there...but he told me the two banks that will 100% be
involved in exchanging this currency is Banco Santander and BBVA. They are the two largest banks here in Spain. They know everything. He even explained to me the process on how to do the exchange. He spent time with me, the amount of cash that I could legally withdraw etc. etc. He knew what bill it was and where it was from. Here they are paying attention to what is going on, what is going to happen in a very short time. They're not playing no games in Spain...The banks know about everything.
11-18-2023 Newshound Guru Clare Article: "Private banks and exchange companies express their preparations to reduce the exchange rate" Quote: "Private banks and exchange companies are showing great preparations, collectively and in coordination, to reduce the price of the dollar”
11-18-2023 Newshound Guru Militia Man "Federal Reserve Bank, German Central Bank, Central Bank of Italy, Central Bank of Spain, People's Bank of China...Kuwait Finance House, Riad Bank, Saudi Arabia, First Abu Dhabi Bank and other leading banks will also attend...the output of these meetings is the publication of...working papers...and how to respond to economic shocks..." What they're telling us is something's coming...This is the Bank of International Settlements saying we're going to have a document...for how to respond to economic shock in countries...They're warning them they're going to do something. It's fascinating.
11-18-2023 Intel Guru Frank26 Once you see the HCL IMO within nanoseconds afterwards you will see the new exchange rate...
11-18-2023 Newshound/Intel Guru Mnt Goat ...Iraq is just moving now to standard protocol in money exchanging. This is such fantastic news. As of January 2024 there will be no more program rate...There will be no more dollars taken by any merchant in Iraq...But what is the timing of the switchover, I asked? First let me say it is not going to be a sudden switchover all at once, as many of us anticipated. I was told it would be more gradual and has already begun. So, there is no turning back...Based on this latest conversation with my CBI contact, it could be said that they might be planning to RV prior to January...I will tell you I have never received such good information before... [Post 2 of 2]
11-18-2023 Newshound/Intel Guru Mnt Goat Wednesday intel call to my contact at the CBI: I was told there was a TV media output broadcast that told the citizens the official rate of the dinar would be over $1 in the coming days. They used the PM Al-Sudani in a speech like format to explain most of it...This is part of the education process. So, it did begin...I was told that the process of the revaluation is now in motion and they expect to begin issuing the newer lower denominations to the banks in exchange for the larger 3 zero notes...when they do distribute the lower denominations to the public for circulation, they will start at the airports first...they are only going to use dinars exclusively as of January 1st, 2024 in Iraq. This is also why they needed and allowed to let the banks now hold other foreign currencies besides dollars. [Post 1 of 2....stay tuned]
11-18-2023 Intel Guru MarkZ [via PDK] We certainly expect it to go by Dec 1st. The latest chatter I am getting from Iraqi sources is the last 3 paragraphs of the HCL have been 100% completed. And the World Trade Organization Iraq ascension is expected within days. They are feeling very confident with their Dec 1st goal. A number of my sources are still saying before Thanksgiving. It looks really good.
11-18-2023 Newshound Guru Militia Man They need to have an exchange rate for the HCL. That's what I see. That's my opinion.
11-18-2023 Newshound Guru Jeff In order for the 2023 budget to be implemented Iraq needed to have publicly posted in the Gazette the budget operating instructions. They never did that. That step never happened...Iraq has not implemented its '23 budget that's why they have to resort to financing salaries and have done so since July...If they had an active budget they would not need to finance.
11-18-2023 Newshound/Intel Guru Walkingstick Sudani told the Iraqi citizens your currency will soon be the strongest currency in the world not just the Middle East.
11-18-2023 Newshound Guru Pimpy Without a doubt these last few months for Iraq have seemed very good. They're heading in the right direction. They're doing all the things necessary to be accepted back into the International community. Little by little they're gaining back privileges that they didn't have before. Before long they'll have their own sovereignty. We know they are currently working on the ascension into the World Trade Organization. We know now their banks are able to do international foreign exchange transfers into the bank and other countries are doing currency swaps with them. The good news doesn't end there...
11-18-2023 Intel Guru MarkZ [via PDK] The big news...is “Parliament convenes Special Session as alliance nominates three successor candidates to Al-Halibousi” The overwhelming agreement is that Halibousi has been a major roadblock especially on the 3 paragraphs of the HCL…the Kurds and Baghdad. So they removed Al Halibousi who was wildly considered to be a roadblock and kept us from getting across the finish line with the HCL law. From my sources I feel very confident that he was the roadblock. It is very encouraging that he was removed and is being replaced. They continue to tell me they want this done by Dec. 1st. Let’s pray and hope this is accurate.
11-18-2023 Intel Guru Frank26 [Spain Bank Story] As you know I live in Spain. Last Friday I went to the Bank of Spain branch in Barcelona. It's the Central Bank of Spain. There are only two branches in our country...I showed the man at the counter a 50K dinar bill. The man looked at me and told me they couldn't change that bill there...but he told me the two banks that will 100% be
involved in exchanging this currency is Banco Santander and BBVA. They are the two largest banks here in Spain. They know everything. He even explained to me the process on how to do the exchange. He spent time with me, the amount of cash that I could legally withdraw etc. etc. He knew what bill it was and where it was from. Here they are paying attention to what is going on, what is going to happen in a very short time. They're not playing no games in Spain...The banks know about everything.
11-18-2023 Newshound Guru Clare Article: "Private banks and exchange companies express their preparations to reduce the exchange rate" Quote: "Private banks and exchange companies are showing great preparations, collectively and in coordination, to reduce the price of the dollar”
11-18-2023 Newshound Guru Militia Man "Federal Reserve Bank, German Central Bank, Central Bank of Italy, Central Bank of Spain, People's Bank of China...Kuwait Finance House, Riad Bank, Saudi Arabia, First Abu Dhabi Bank and other leading banks will also attend...the output of these meetings is the publication of...working papers...and how to respond to economic shocks..." What they're telling us is something's coming...This is the Bank of International Settlements saying we're going to have a document...for how to respond to economic shock in countries...They're warning them they're going to do something. It's fascinating.
11-18-2023 Intel Guru Frank26 Once you see the HCL IMO within nanoseconds afterwards you will see the new exchange rate...
11-18-2023 Newshound/Intel Guru Mnt Goat ...Iraq is just moving now to standard protocol in money exchanging. This is such fantastic news. As of January 2024 there will be no more program rate...There will be no more dollars taken by any merchant in Iraq...But what is the timing of the switchover, I asked? First let me say it is not going to be a sudden switchover all at once, as many of us anticipated. I was told it would be more gradual and has already begun. So, there is no turning back...Based on this latest conversation with my CBI contact, it could be said that they might be planning to RV prior to January...I will tell you I have never received such good information before... [Post 2 of 2]
11-18-2023 Newshound/Intel Guru Mnt Goat Wednesday intel call to my contact at the CBI: I was told there was a TV media output broadcast that told the citizens the official rate of the dinar would be over $1 in the coming days. They used the PM Al-Sudani in a speech like format to explain most of it...This is part of the education process. So, it did begin...I was told that the process of the revaluation is now in motion and they expect to begin issuing the newer lower denominations to the banks in exchange for the larger 3 zero notes...when they do distribute the lower denominations to the public for circulation, they will start at the airports first...they are only going to use dinars exclusively as of January 1st, 2024 in Iraq. This is also why they needed and allowed to let the banks now hold other foreign currencies besides dollars. [Post 1 of 2....stay tuned]
11-18-2023 Intel Guru MarkZ [via PDK] We certainly expect it to go by Dec 1st. The latest chatter I am getting from Iraqi sources is the last 3 paragraphs of the HCL have been 100% completed. And the World Trade Organization Iraq ascension is expected within days. They are feeling very confident with their Dec 1st goal. A number of my sources are still saying before Thanksgiving. It looks really good.
11-17-2023 Intel Guru Frank26 You want to know the exchange rate of the BRICS because maybe, maybe the Iraqi dinar will be 1 to 1 with a basket of BRICS. Maybe...one clue. It's an RI not and RV.
11-17-2023 Newshound Guru Pimpy The thing that's disgusting about the Vietnam dong is it appears they are comfortable and content with leaving the rate low...
11-17-2023 Intel Guru Bruce [via WiserNow] [the ISO 200 2022 allows for all currencies to be exchanged - And to be trading, to take place using multiple currencies as payments for trade international trade.] ...the ISO 200 2022...is to be fully implemented...and fully activated ...by midnight, Sunday night...We could probably expect the Iraqi dinars international rates to be out in that time window...and we're hearing supposed to be printed in the Gazette... Saturday is their normal print day...HCL law is also supposed to be mentioned they brought up printed in the Gazette to...So that should be in there as well...I think it's really important to understand – this thing is good to go – and ready to go and should go...So let’s just see what happens...
11-17-2023 Newshound Guru Militia Man They've had some problems with corruption in Iraq... [To say the least]
11-17-2023 Newshound Guru Sandy Ingram Article: "Good News for Investors: US Treasury Continues to Omit Vietnam Currency Off Currency Manipulator's List" Vietnam was not included on the US Treasury Department currency manipulators list this time. The list comes out twice a year and includes countries that may have surpassed the value of their currency. When a country does this it cheats investors on potential profits...Iraq is rebuilding after the war so is not yet subject to currency manipulation lists...
11-17-2023 Newshound/Intel Guru Walkingstick IOO of our teams the new exchange rate of the Iraqi dinar this year is a fact...
11-17-2023 Intel Guru MarkZ [via PDK] Comment: Chase Bank wealth management sent me a lengthy email that they would like to manage my wealth. Funny thing is I only have about 2 thousand dollars in my account. MarkZ: They know what’s coming. It is a regular conversation with many bank employees now.
11-17-2023 Newshound Guru Pimpy It's a tug-of-war for you to find that sweet spot when it comes to currency exchanges. Right now I believe the Iraqi dinar is way too low, It's too cheap. Iraq is starting to get get back on track. If they're going to start doing trade with other countries they're going to need a stronger Iraqi dinar...
11-17-2023 Intel Guru Frank26 Question: "Has anything changed in regards to Iraq satellite banks exchanging dinars for US citizens?" No. They will follow American banking laws. They won't do anything different than any American bank is doing in American territory.
11-17-2023 Newshound Guru Militia Man Bank of International Settlements ....when the Central Bank of all central banks starts talking the world starts to listen... Quote: "One of the outputs of the meeting is the preparation and publication of...workings papers on the latest...monetary policy challenges and how to respond to economic shocks in the countries represented at the meeting." All these banks....have been told there's going to be challenges ...When you raise the value of currencies...there's going to be consequences ...There's gong to be some good and bad but they're telling you, We're doing something and you need to be prepared...
11-17-2023 Intel Guru MarkZ [via PDK] I still continue to hear from Iraqi sources that come hell or high water they are going by the first of Dec. I continue to hear fantastic things about the progress and how Iraq has positioned itself to force this across the finish line. I’m excited as to where we are... Question: Many said RV is going to happen this weekend, what do you think? MarkZ: The chatter is phenominal…so its possible.
11-17-2023 Newshound Guru Samson Article: "The Arab Monetary Fund and the Bank for International Settlements organize the fifth meeting of the Monetary Policy Working Group in the Arab Countries"
11-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can't change the rate. They say only the CBI. What's going on? Why don't the CBI help? FRANK: Calm down, calm down...As far as parliament saying whatever they are saying...who cares. Their voice is an echo in the abyss of darkness.
11-17-2023 Newshound/Intel Guru Mnt Goat It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed. I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement).
11-17-2023 Intel Guru MarkZ [via PDK] Article: “Baghdad reveals new economic package to further de-dollarize trade” Of course the goal is to strengthen the dinar. This one is from the Express Tribune “Unshackling the Iraq Dinar” Talking about how Iraq has a plan to unshackle themselves from US dealings…and is aligning themselves with BRICS and new emerging global commodities. Part of that process is strengthening the dinar…removing the 3 zeros…(not a lop). These are great…They are coming from main stream
worldwide news sources and are talking about exactly what we are expecting. The Strengthening of the dinar…de-dollarization...and return of commodities backing their money.
11-17-2023 Newshound Guru Pimpy The thing that's disgusting about the Vietnam dong is it appears they are comfortable and content with leaving the rate low...
11-17-2023 Intel Guru Bruce [via WiserNow] [the ISO 200 2022 allows for all currencies to be exchanged - And to be trading, to take place using multiple currencies as payments for trade international trade.] ...the ISO 200 2022...is to be fully implemented...and fully activated ...by midnight, Sunday night...We could probably expect the Iraqi dinars international rates to be out in that time window...and we're hearing supposed to be printed in the Gazette... Saturday is their normal print day...HCL law is also supposed to be mentioned they brought up printed in the Gazette to...So that should be in there as well...I think it's really important to understand – this thing is good to go – and ready to go and should go...So let’s just see what happens...
11-17-2023 Newshound Guru Militia Man They've had some problems with corruption in Iraq... [To say the least]
11-17-2023 Newshound Guru Sandy Ingram Article: "Good News for Investors: US Treasury Continues to Omit Vietnam Currency Off Currency Manipulator's List" Vietnam was not included on the US Treasury Department currency manipulators list this time. The list comes out twice a year and includes countries that may have surpassed the value of their currency. When a country does this it cheats investors on potential profits...Iraq is rebuilding after the war so is not yet subject to currency manipulation lists...
11-17-2023 Newshound/Intel Guru Walkingstick IOO of our teams the new exchange rate of the Iraqi dinar this year is a fact...
11-17-2023 Intel Guru MarkZ [via PDK] Comment: Chase Bank wealth management sent me a lengthy email that they would like to manage my wealth. Funny thing is I only have about 2 thousand dollars in my account. MarkZ: They know what’s coming. It is a regular conversation with many bank employees now.
11-17-2023 Newshound Guru Pimpy It's a tug-of-war for you to find that sweet spot when it comes to currency exchanges. Right now I believe the Iraqi dinar is way too low, It's too cheap. Iraq is starting to get get back on track. If they're going to start doing trade with other countries they're going to need a stronger Iraqi dinar...
11-17-2023 Intel Guru Frank26 Question: "Has anything changed in regards to Iraq satellite banks exchanging dinars for US citizens?" No. They will follow American banking laws. They won't do anything different than any American bank is doing in American territory.
11-17-2023 Newshound Guru Militia Man Bank of International Settlements ....when the Central Bank of all central banks starts talking the world starts to listen... Quote: "One of the outputs of the meeting is the preparation and publication of...workings papers on the latest...monetary policy challenges and how to respond to economic shocks in the countries represented at the meeting." All these banks....have been told there's going to be challenges ...When you raise the value of currencies...there's going to be consequences ...There's gong to be some good and bad but they're telling you, We're doing something and you need to be prepared...
11-17-2023 Intel Guru MarkZ [via PDK] I still continue to hear from Iraqi sources that come hell or high water they are going by the first of Dec. I continue to hear fantastic things about the progress and how Iraq has positioned itself to force this across the finish line. I’m excited as to where we are... Question: Many said RV is going to happen this weekend, what do you think? MarkZ: The chatter is phenominal…so its possible.
11-17-2023 Newshound Guru Samson Article: "The Arab Monetary Fund and the Bank for International Settlements organize the fifth meeting of the Monetary Policy Working Group in the Arab Countries"
11-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking to us all day about the government taking measures to address the exchange rate and the parallel market but they can't change the rate. They say only the CBI. What's going on? Why don't the CBI help? FRANK: Calm down, calm down...As far as parliament saying whatever they are saying...who cares. Their voice is an echo in the abyss of darkness.
11-17-2023 Newshound/Intel Guru Mnt Goat It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed. I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement).
11-17-2023 Intel Guru MarkZ [via PDK] Article: “Baghdad reveals new economic package to further de-dollarize trade” Of course the goal is to strengthen the dinar. This one is from the Express Tribune “Unshackling the Iraq Dinar” Talking about how Iraq has a plan to unshackle themselves from US dealings…and is aligning themselves with BRICS and new emerging global commodities. Part of that process is strengthening the dinar…removing the 3 zeros…(not a lop). These are great…They are coming from main stream
worldwide news sources and are talking about exactly what we are expecting. The Strengthening of the dinar…de-dollarization...and return of commodities backing their money.
11-16-2023 Intel Guru RayRen98 [via Babysmom] A GOOD SOURCE SAYS, "ALL IS READY, JUST WAITING ON THE (GO) SIGNAL...ALL SYSTEMS ARE READY...NO HOLD UPS IN SIGHT TIME WILL TELL... "AGENCY FOLKS ARE ON HIGH ALERT..."
11-16-2023 Intel Guru Frank26 The process to exchange your dinars it's not going to be as difficult as your mind tells you right now that it's going to be.
11-16-2023 Newshound Guru Militia Man If you own this currency and are an investor and you don't know what you own it's time to pay attention...because this is all coming to fruition...It's a beautiful time frame to be a so-called 'dinarian'...
11-16-2023 Newshound Guru Pimpy What would really be a super huge lift and bring a ton of value to the Iraq dinar is if they get away from the greenbacks and start using their own currency to do transactions for the oil. That would be huge.
11-16-2023 Newshound Guru Kaperoni A lot of people probably don't realize, but I've been in the dinar investment since 2008. Probably one of the most knowledgeable on the facts, and read most professional documents ever written pertaining to the dinar. I know what I'm talking about.
11-16-2023 Newshound Guru Sandy Ingram On Wednesday the Prime Minister of Iraq's advisor took the lead from the Central Bank of Iraq and announced Iraq has the largest foreign currency reserves in its' history and that the exchange rate treatment package aims to prevent profiteering at the expense of the economy...
11-16-2023 Intel Guru Frank26 [Colorado Bank Story Cont.] What's funny all of a sudden his poker face breaks and he says when it comes time to do the exchange I'm sure we can... assist in some way. I said that's what I was hoping to hear. If and when the time comes, you and I have been friends for a long time, you know I have 100% trust in you, do I come to you to get advice on how not to lose my funds? He's says no. I'm going to set you up with a wealth manager and he immediately is typing stuff in to his computer and this is what caught me off guard, he turns around and he says you know I've seen exchanges and movement in the dinar in just the past few days... I said I got to get to Albuquerque this afternoon...I got to get going when I get back I'll give you a call...I stood up and shook his hand I said you know what I probably won't talk to you for a while so Happy Thanksgiving to you and your family...and he said oh, we'll talk before that. FRANK: There it is! [Post 3 of 3]
11-16-2023 Intel Guru Frank26 [Colorado Bank Story Cont.] And considering they're now talking about releasing change to the people. I said, when I first started talking to you about this the exchange rate was about 1470 roughly to 1...does it make any sense to start issuing any coinage? He kind of grinned at me big. He said, no sir it really doesn't. I said, Tom, I'm nervous...I know what the FDIC covers and ...you know how much currency I have. Even if it goes at 1 to 1 I'm kind of spooked about how much wealth I could lose. I said...you're a small bank. They're very well known throughout the state of Colorado...but they're not a Chase or Wells Fargo. I told him I've got a Wells Fargo account and I said honestly Tom I hate that bank but push comes to shove I can transfer my funds. [Post 2 of 3....stay tuned]
11-16-2023 Intel Guru Frank26 [Colorado Bank Story] FRANK: I've had so many bank stories in the last two weeks that it not only knocked me off my feet but I'm still floating up in cloud nine. It's no secret. What happened. BANK STORY GUY: I live in a very small town in Western Colorado. I've been banking with the same bank for 30 year...The bank president...borders on the edge of being a very good friend...This morning I walked into the bank...and I saw him sitting in his office and...I said you know 4 or 5 years ago I started talking about the dinar and he said yeah...he had on his poker face...I said myself and my wife have X number of dinar. He said ok. I said I hear Sudani talking about a date of January 1st that you can no longer use the American dollar in Iraq. [Post 1 of 3....stay tuned]
11-16-2023 Intel Guru MarkZ [via PDK] My gut agrees with my bankers. They say it could be any moment between now and Dec 1st. That is the latest from the banking side of it. I hope and pray they are right...This “Any moment” alert sure fits with what we are hearing from Iraq. The WTO, UN, banks and Reno.
11-16-2023 Newshound Guru Jeff You're like, why hasn't Iraq revalued? They've gotten everything done?' And they do! Iraq has everything done. They're ready to revalue but they're not going to revalue till they tackle corruption...They have to remove this corruption.
11-16-2023 Newshound Guru Militia Man The Hydro-Carbon Law will require an international exchange rate. The 2023, 24, 25 budget will require it. The salaries and the payment to the citizens will require it. The WTO will require one. The house contracts will require one. The Development Road Projects, economic and financial reforms, all of them are going to require an international acceptable Article VIII compliant exchange rate...
11-16-2023 Newshound Guru Pimpy There are a lot of things happening in Iraq that are contributing to the growth of their economy and the strengthening of their currency. If Iraq could just get out of their own way.
11-16-2023 Intel Guru Frank26 If I WAS THE CBI, I WOULD BE FOCUSING ON THE NEW EXCHANGE RATE AND THE NEW CURRENCY TO COME OUT TOGETHER...SUDANI IS IN ERBIL WITH BARZANI, AND THEY ARE DEALING WITH THE LAST THREE PARAGRAPHS OF THE HCL. THEIR INTENT IS TO RELEASE IT VERY SOON IF THAT IS THE CASE, THEN IMO THE NEW EXCHANGE RATE AND THE NEW LOWER NOTES SHOULD FOLLOW. REMEMBER WHAT I’VE ALWAYS SAID...THE MOMENT YOU SEE THE HCL SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE.
11-16-2023 Intel Guru MarkZ [via PDK] I have had more banking confirmations ...saying that all we are waiting for is a “GO” and any final instructions for anything that may have changed last minute. I talked to some banking sources…and it is overwhelming the banks saying we are at “any moment” and a number of them are saying it’s this week. The sheer number of bank sources from different banks (3 regional banks and 4 major banks) that were told to get ready for any moment this week...Whether it is this week or not - the chatter is sure great.
11-16-2023 Intel Guru Frank26 The process to exchange your dinars it's not going to be as difficult as your mind tells you right now that it's going to be.
11-16-2023 Newshound Guru Militia Man If you own this currency and are an investor and you don't know what you own it's time to pay attention...because this is all coming to fruition...It's a beautiful time frame to be a so-called 'dinarian'...
11-16-2023 Newshound Guru Pimpy What would really be a super huge lift and bring a ton of value to the Iraq dinar is if they get away from the greenbacks and start using their own currency to do transactions for the oil. That would be huge.
11-16-2023 Newshound Guru Kaperoni A lot of people probably don't realize, but I've been in the dinar investment since 2008. Probably one of the most knowledgeable on the facts, and read most professional documents ever written pertaining to the dinar. I know what I'm talking about.
11-16-2023 Newshound Guru Sandy Ingram On Wednesday the Prime Minister of Iraq's advisor took the lead from the Central Bank of Iraq and announced Iraq has the largest foreign currency reserves in its' history and that the exchange rate treatment package aims to prevent profiteering at the expense of the economy...
11-16-2023 Intel Guru Frank26 [Colorado Bank Story Cont.] What's funny all of a sudden his poker face breaks and he says when it comes time to do the exchange I'm sure we can... assist in some way. I said that's what I was hoping to hear. If and when the time comes, you and I have been friends for a long time, you know I have 100% trust in you, do I come to you to get advice on how not to lose my funds? He's says no. I'm going to set you up with a wealth manager and he immediately is typing stuff in to his computer and this is what caught me off guard, he turns around and he says you know I've seen exchanges and movement in the dinar in just the past few days... I said I got to get to Albuquerque this afternoon...I got to get going when I get back I'll give you a call...I stood up and shook his hand I said you know what I probably won't talk to you for a while so Happy Thanksgiving to you and your family...and he said oh, we'll talk before that. FRANK: There it is! [Post 3 of 3]
11-16-2023 Intel Guru Frank26 [Colorado Bank Story Cont.] And considering they're now talking about releasing change to the people. I said, when I first started talking to you about this the exchange rate was about 1470 roughly to 1...does it make any sense to start issuing any coinage? He kind of grinned at me big. He said, no sir it really doesn't. I said, Tom, I'm nervous...I know what the FDIC covers and ...you know how much currency I have. Even if it goes at 1 to 1 I'm kind of spooked about how much wealth I could lose. I said...you're a small bank. They're very well known throughout the state of Colorado...but they're not a Chase or Wells Fargo. I told him I've got a Wells Fargo account and I said honestly Tom I hate that bank but push comes to shove I can transfer my funds. [Post 2 of 3....stay tuned]
11-16-2023 Intel Guru Frank26 [Colorado Bank Story] FRANK: I've had so many bank stories in the last two weeks that it not only knocked me off my feet but I'm still floating up in cloud nine. It's no secret. What happened. BANK STORY GUY: I live in a very small town in Western Colorado. I've been banking with the same bank for 30 year...The bank president...borders on the edge of being a very good friend...This morning I walked into the bank...and I saw him sitting in his office and...I said you know 4 or 5 years ago I started talking about the dinar and he said yeah...he had on his poker face...I said myself and my wife have X number of dinar. He said ok. I said I hear Sudani talking about a date of January 1st that you can no longer use the American dollar in Iraq. [Post 1 of 3....stay tuned]
11-16-2023 Intel Guru MarkZ [via PDK] My gut agrees with my bankers. They say it could be any moment between now and Dec 1st. That is the latest from the banking side of it. I hope and pray they are right...This “Any moment” alert sure fits with what we are hearing from Iraq. The WTO, UN, banks and Reno.
11-16-2023 Newshound Guru Jeff You're like, why hasn't Iraq revalued? They've gotten everything done?' And they do! Iraq has everything done. They're ready to revalue but they're not going to revalue till they tackle corruption...They have to remove this corruption.
11-16-2023 Newshound Guru Militia Man The Hydro-Carbon Law will require an international exchange rate. The 2023, 24, 25 budget will require it. The salaries and the payment to the citizens will require it. The WTO will require one. The house contracts will require one. The Development Road Projects, economic and financial reforms, all of them are going to require an international acceptable Article VIII compliant exchange rate...
11-16-2023 Newshound Guru Pimpy There are a lot of things happening in Iraq that are contributing to the growth of their economy and the strengthening of their currency. If Iraq could just get out of their own way.
11-16-2023 Intel Guru Frank26 If I WAS THE CBI, I WOULD BE FOCUSING ON THE NEW EXCHANGE RATE AND THE NEW CURRENCY TO COME OUT TOGETHER...SUDANI IS IN ERBIL WITH BARZANI, AND THEY ARE DEALING WITH THE LAST THREE PARAGRAPHS OF THE HCL. THEIR INTENT IS TO RELEASE IT VERY SOON IF THAT IS THE CASE, THEN IMO THE NEW EXCHANGE RATE AND THE NEW LOWER NOTES SHOULD FOLLOW. REMEMBER WHAT I’VE ALWAYS SAID...THE MOMENT YOU SEE THE HCL SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE.
11-16-2023 Intel Guru MarkZ [via PDK] I have had more banking confirmations ...saying that all we are waiting for is a “GO” and any final instructions for anything that may have changed last minute. I talked to some banking sources…and it is overwhelming the banks saying we are at “any moment” and a number of them are saying it’s this week. The sheer number of bank sources from different banks (3 regional banks and 4 major banks) that were told to get ready for any moment this week...Whether it is this week or not - the chatter is sure great.
11-15-2023 Intel Guru Bruce [via WiserNow] ...one of our military sources said today – “any minute now”...the latest Intel says it could happen tomorrow, it could happen Friday or Saturday of this week...Now, I believe we're gonna get there before Thanksgiving. I think we should get there sometime this week.
11-15-2023 Intel Guru Frank26 You see these banks finally admitting the truth about the Iraqi dinar monetary reform. They would never talk about it before because they would lose their licenses. They would lose the opportunity to exchange when a time comes. And that time has come!
11-15-2023 Newshound Guru Pimpy I haven't been this excited about Iraq in a long time. I remember in 2019 they were really striving, making great steps and then everything kind of fell apart and then we had the whole "Rona" thing took place and it just seemed like they could not get their head above water. But this past year, everything is looking pretty good.
11-15-2023 Newshound Guru Militia Man What the WTO and the world want to see is that Iraq is a balanced nation...They need to produce. I'm talking about industry...Development Road Program, the Silk Road Initiative. All of that's coming together and coming into play to be able to prove to the world Iraq is ready to stand on her own two fee and start doing trade and be that additional bread basket to the world...
11-15-2023 Newshound Guru Clare Article: "The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year" Quote: "This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year."
11-15-2023 Intel Guru MarkZ [via PDK] I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished. I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources... but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news.
11-15-2023 Intel Guru Frank26 [Bank Story] BANK STORY MAN: I called JP Morgan Chase financial office again just to make sure that it wasn't a fluke and reassuring myself...This time I got a different advisor...Guess what? He told me the same thing...that Iraq was about to reinstate their currency...I wanted to find out in Houston area which JP Morgan Chase Bank would be exchanging the Iraqi dinar...He transferred my call to the JP Morgan Chase bank and a lady by the name of 'Ms Bank Lady' didn't deny anything. I asked her and she suggested that I call back tomorrow and talk to one of the bank agents about setting up an appointment with them to find out how to do my exchange with the bank... FRANK: This is incredible information. I'm so glad you pursued it to the next level... [Post 2 of 2]
11-15-2023 Intel Guru Frank26 [Bank Story] I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated... FRANK: What?? Chase told you this?! Bank Story: He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me. I just wanted to share my JP Morgan Chase story with you. This is amazing isn't it? FRANK: Follow up on this don't leave it there. [Post 1 of 2....stay tuned]
11-15-2023 Newshound Guru Kaperoni We found out very quickly many years ago that there would never be an RV of the Iraqi dinar or the term reinstatement. Those are made up terms and will not happen. If this is something new to you to hear it's probably best that you learn it now because there will be no single RV or overnight RV or reinstatement of the Iraqi dinar. The Iraqi dinar is not a lottery ticket...If the dinar is ever going to go up in value it will go up gradually as a result of the success and growth of their own economy...
11-15-2023 Newshound Guru Breitling Iraq right now they simply don't know what to do. That doesn't mean they can't revalue their currency and add value to it tomorrow. The can do it. They can get away with it. They could maintain a rate. But I'm telling you right now what's going on between Israel and Hamas and their watching the response from Iran and Saudi Arabia, they don't know what to do. So they're probably going to be a little bit trigger shy. Am I getting out? Nope...
11-15-2023 Newshound Guru Pimpy We know the beginning of 2024, we heard anyways, we'll see if it actually happens, Iraq is no longer going to use the US dollar in the country. That will lower the demand for US dollars but that still doesn't curve the demand for US dollars that are being smuggled into other countries. It will decrease the demand for US dollars and increase the demand for Iraqi dinars. This is really good.
11-15-2023 Intel Guru MarkZ [via PDK] I heard one banking story from another persons local bank. After telling him that investing in currencies was not a good thing…yesterday the teller asked if he still had those currencies and he just heard they will be exchanging them soon….
11-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A lot of contracts are being announced left and right. Hundreds and hundreds of them. It is impossible to be signing at a program rate... FRANK: Do you honestly believe it's being done at a program rate? Absolutely not. These are the tale tell signs of the monetary reform and it's also part of your education.
11-15-2023 Newshound/Intel Guru Mnt Goat Article: "THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ" Quote: "We hold the
highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history...stressing that this agreement constitutes the beginning of price stability in the exchange market."
11-15-2023 Intel Guru Frank26 You see these banks finally admitting the truth about the Iraqi dinar monetary reform. They would never talk about it before because they would lose their licenses. They would lose the opportunity to exchange when a time comes. And that time has come!
11-15-2023 Newshound Guru Pimpy I haven't been this excited about Iraq in a long time. I remember in 2019 they were really striving, making great steps and then everything kind of fell apart and then we had the whole "Rona" thing took place and it just seemed like they could not get their head above water. But this past year, everything is looking pretty good.
11-15-2023 Newshound Guru Militia Man What the WTO and the world want to see is that Iraq is a balanced nation...They need to produce. I'm talking about industry...Development Road Program, the Silk Road Initiative. All of that's coming together and coming into play to be able to prove to the world Iraq is ready to stand on her own two fee and start doing trade and be that additional bread basket to the world...
11-15-2023 Newshound Guru Clare Article: "The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year" Quote: "This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year."
11-15-2023 Intel Guru MarkZ [via PDK] I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished. I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources... but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news.
11-15-2023 Intel Guru Frank26 [Bank Story] BANK STORY MAN: I called JP Morgan Chase financial office again just to make sure that it wasn't a fluke and reassuring myself...This time I got a different advisor...Guess what? He told me the same thing...that Iraq was about to reinstate their currency...I wanted to find out in Houston area which JP Morgan Chase Bank would be exchanging the Iraqi dinar...He transferred my call to the JP Morgan Chase bank and a lady by the name of 'Ms Bank Lady' didn't deny anything. I asked her and she suggested that I call back tomorrow and talk to one of the bank agents about setting up an appointment with them to find out how to do my exchange with the bank... FRANK: This is incredible information. I'm so glad you pursued it to the next level... [Post 2 of 2]
11-15-2023 Intel Guru Frank26 [Bank Story] I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated... FRANK: What?? Chase told you this?! Bank Story: He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me. I just wanted to share my JP Morgan Chase story with you. This is amazing isn't it? FRANK: Follow up on this don't leave it there. [Post 1 of 2....stay tuned]
11-15-2023 Newshound Guru Kaperoni We found out very quickly many years ago that there would never be an RV of the Iraqi dinar or the term reinstatement. Those are made up terms and will not happen. If this is something new to you to hear it's probably best that you learn it now because there will be no single RV or overnight RV or reinstatement of the Iraqi dinar. The Iraqi dinar is not a lottery ticket...If the dinar is ever going to go up in value it will go up gradually as a result of the success and growth of their own economy...
11-15-2023 Newshound Guru Breitling Iraq right now they simply don't know what to do. That doesn't mean they can't revalue their currency and add value to it tomorrow. The can do it. They can get away with it. They could maintain a rate. But I'm telling you right now what's going on between Israel and Hamas and their watching the response from Iran and Saudi Arabia, they don't know what to do. So they're probably going to be a little bit trigger shy. Am I getting out? Nope...
11-15-2023 Newshound Guru Pimpy We know the beginning of 2024, we heard anyways, we'll see if it actually happens, Iraq is no longer going to use the US dollar in the country. That will lower the demand for US dollars but that still doesn't curve the demand for US dollars that are being smuggled into other countries. It will decrease the demand for US dollars and increase the demand for Iraqi dinars. This is really good.
11-15-2023 Intel Guru MarkZ [via PDK] I heard one banking story from another persons local bank. After telling him that investing in currencies was not a good thing…yesterday the teller asked if he still had those currencies and he just heard they will be exchanging them soon….
11-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: A lot of contracts are being announced left and right. Hundreds and hundreds of them. It is impossible to be signing at a program rate... FRANK: Do you honestly believe it's being done at a program rate? Absolutely not. These are the tale tell signs of the monetary reform and it's also part of your education.
11-15-2023 Newshound/Intel Guru Mnt Goat Article: "THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ" Quote: "We hold the
highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history...stressing that this agreement constitutes the beginning of price stability in the exchange market."
11-14-2023 Newshound Guru Militia Man We've heard this about different currencies. Iraq's going to be trading outside the dollar. They're going to be using different currencies...They're going to be on a level playing field...Iraq's been working through an international interconnectivity system the ITC, The World Bank, the Bank of International Settlements, the central banks of the world, the federal Reserve Bank. It isn't just a push the button situation...it's a complex process.
11-14-2023 Newshound Guru Clare Article: "Al-Basri: We have complete information about exchange rate speculators and we arrested 22 accused of corruption"
11-14-2023 Intel Guru MarkZ [via PDK] We have some very interesting chatter this evening. I have gotten this from many banking sources that they are expecting instructions very soon. Specifically instructions for “Foreign Currency Exchanges”!!! This is the event that we are looking for. I have heard this now from 3 different banking sources...Nobody knows the exact date…but they are expecting instructions at any moment and are prepared. They know it’s coming. Banking people from the mid-level up know it’s coming and are prepared for it. IMO this is great news.
11-14-2023 Newshound Guru Pimpy All of a sudden all these moves and all this reforming and all these new systems and all this training is starting to make sense don't you think? We've been hearing about the banks getting trained for a long time. We've been hearing about all kinds of different reforms. But now you see why. They're getting ready to finally be free, hopefully get their sovereignty back and be allowed to trade and do business on the international level. This is going to make a world of difference with the Iraqi people as well as their currency...
11-14-2023 Newshound Guru Walkingstick Remember, we started with a MR that led to an RV that leads now today to an RD that will lead to an international float. Now...When it gets to the point of the float, a supply and demand of the Iraqi dinar...will determine which exchange rate of the RV that they cap it at.
11-14-2023 Intel Guru Frank26 He smiled and he said well I know quite a bit about it...it's no secret in the banking world. The Iraqi dinar is about to reinstate. He gave me the rate. You want me to give the rate? FRANK: No. JAMES ONE: He said any day has potential but he said definitely before 2024. He said everything is done and there is a date. Now he didn't say what it was but he was very forthcoming. He said it's no secret. This is about to happen...He was so confident of the rate...I come from a military background too, when someone from the special ops says something you don't question... FRANK: There's no doubting this guy's information...we're presenting it as a rumor but I'm not doubting his rumor. [Post 2 of 2]
11-14-2023 Intel Guru Frank26 [Dinar Story] JAMES ONE: A gentleman came up, definitely someone that had it all together and in a bit of conversation he told us his job. I don't want to speak of the agency. FRANK: Let's say this is a banking agency that is one of the top three agencies banks need in order to function. JAMES ONE: Very good...This man was former special ops, has
retired and is doing a lot of work with a US agency that all banks around the world have to coordinate with. There was some small talk and conversation and then it was what do you know about the Iraqi dinar? [Post 1 of 2....stay tuned]
11-14-2023 Newshound Guru Samson Article: "JP Morgan lends Iraq $257 million to maintain power facilities"
11-14-2023 Intel Guru MarkZ [via PDK] ... I am hearing- they want things completed and fully active and everything done by Jan. For that to happen it could go any day.
11-14-2023 Guru Nader From The Mid East Article quote: "The governor of the Central Bank, Al-Alaq failed to control the rise in the dollar exchange rate." Don't panic. Alaq has nothing to do with what's going on. He's not doing a very good job. He's a very good guy, hard worker, doing whatever he can but I think this job is too big for him to handle...I would not be surprised if he got fired. I would not be sad either...He can not handle the job. He should do something else...He's not good at controlling things. He can't control the CBI. It's too big for him...I'm not saying they're going to fire him, maybe not. Maybe he's going to get his shit together and do a better job but don't panic. This has nothing to do with what's going on.
11-14-2023 Newshound Guru Militia Man There's a lot of things that reeking of going international. Article quote: "The Central Bank is making intensive efforts through its discussions with the US Federal Reserve Bank to ease restrictions on Iraqi Banks...as well as developing practical solutions to liberalize the Iraqi currency by opening outlets in most of the countries of the world for dealing." Hello!?! It should be a light bulb everybody! They're talking about going international with what? The Iraqi dinar...they're going to liberalize the dinar.
11-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States is meeting all day with Iraq on ways to help with the dollar crisis and now JP Morgan has stepped in too. They say JP will...help five Iraqi banks and this is a firm standpoint that will help start an end to the black market issue. We believe it would be the start of also of the float... FRANK: ...They are preparing you to make an announcement on your new category notes. JP Morgan has always said this dinar investment is a scam and now they are 100% behind the dinar monetary reform huh? Why? Because they are about to explode the currency internationally with the CBI.
11-14-2023 Intel Guru yada Review from the articles... The PM announced the banks are now able to exchange foreign in country last week. The digital connections have been activated to collect the tariffs and taxes from all border crossings Monday last week. Their stock mark showed a 3000 point drop in dinars this past Sunday. To me, the dollar to dinar value is adjusting to the actual reissued value of the dinar. 10 days or so, 12 countries did currency swaps with Iraq. Contracts that were previously agreed upon are being signed from countries coming into Iraq to do business. TOTAL being one of the largest and along with the infrastructure contracts. All this requiring a new REISSUED rate. IMO, they've gone a far as they can go without not changing the rate...
11-14-2023 Intel Guru MarkZ [via PDK] “Iraq plans “to neglect the US dollar” and parliament proposes to diversify foreign currency baskets” Iraq will hold foreign currencies so they can do business in and around the middle east without the US. This story is bigger than it appears. It is all about de-dollarization. We know Iraq plans to be de-dollarized by January 1st. So for Iraq to be de-dollarized by January 1st…then their oil profits, etc will no longer be going through the US system that it is going through now…AND, they will need a fully functional, international currency. We have a really good indicator of when this rv has to happen by. It makes logical sense for it to be sooner. This article is fantastic.
11-14-2023 Newshound Guru Clare Article: "Al-Basri: We have complete information about exchange rate speculators and we arrested 22 accused of corruption"
11-14-2023 Intel Guru MarkZ [via PDK] We have some very interesting chatter this evening. I have gotten this from many banking sources that they are expecting instructions very soon. Specifically instructions for “Foreign Currency Exchanges”!!! This is the event that we are looking for. I have heard this now from 3 different banking sources...Nobody knows the exact date…but they are expecting instructions at any moment and are prepared. They know it’s coming. Banking people from the mid-level up know it’s coming and are prepared for it. IMO this is great news.
11-14-2023 Newshound Guru Pimpy All of a sudden all these moves and all this reforming and all these new systems and all this training is starting to make sense don't you think? We've been hearing about the banks getting trained for a long time. We've been hearing about all kinds of different reforms. But now you see why. They're getting ready to finally be free, hopefully get their sovereignty back and be allowed to trade and do business on the international level. This is going to make a world of difference with the Iraqi people as well as their currency...
11-14-2023 Newshound Guru Walkingstick Remember, we started with a MR that led to an RV that leads now today to an RD that will lead to an international float. Now...When it gets to the point of the float, a supply and demand of the Iraqi dinar...will determine which exchange rate of the RV that they cap it at.
11-14-2023 Intel Guru Frank26 He smiled and he said well I know quite a bit about it...it's no secret in the banking world. The Iraqi dinar is about to reinstate. He gave me the rate. You want me to give the rate? FRANK: No. JAMES ONE: He said any day has potential but he said definitely before 2024. He said everything is done and there is a date. Now he didn't say what it was but he was very forthcoming. He said it's no secret. This is about to happen...He was so confident of the rate...I come from a military background too, when someone from the special ops says something you don't question... FRANK: There's no doubting this guy's information...we're presenting it as a rumor but I'm not doubting his rumor. [Post 2 of 2]
11-14-2023 Intel Guru Frank26 [Dinar Story] JAMES ONE: A gentleman came up, definitely someone that had it all together and in a bit of conversation he told us his job. I don't want to speak of the agency. FRANK: Let's say this is a banking agency that is one of the top three agencies banks need in order to function. JAMES ONE: Very good...This man was former special ops, has
retired and is doing a lot of work with a US agency that all banks around the world have to coordinate with. There was some small talk and conversation and then it was what do you know about the Iraqi dinar? [Post 1 of 2....stay tuned]
11-14-2023 Newshound Guru Samson Article: "JP Morgan lends Iraq $257 million to maintain power facilities"
11-14-2023 Intel Guru MarkZ [via PDK] ... I am hearing- they want things completed and fully active and everything done by Jan. For that to happen it could go any day.
11-14-2023 Guru Nader From The Mid East Article quote: "The governor of the Central Bank, Al-Alaq failed to control the rise in the dollar exchange rate." Don't panic. Alaq has nothing to do with what's going on. He's not doing a very good job. He's a very good guy, hard worker, doing whatever he can but I think this job is too big for him to handle...I would not be surprised if he got fired. I would not be sad either...He can not handle the job. He should do something else...He's not good at controlling things. He can't control the CBI. It's too big for him...I'm not saying they're going to fire him, maybe not. Maybe he's going to get his shit together and do a better job but don't panic. This has nothing to do with what's going on.
11-14-2023 Newshound Guru Militia Man There's a lot of things that reeking of going international. Article quote: "The Central Bank is making intensive efforts through its discussions with the US Federal Reserve Bank to ease restrictions on Iraqi Banks...as well as developing practical solutions to liberalize the Iraqi currency by opening outlets in most of the countries of the world for dealing." Hello!?! It should be a light bulb everybody! They're talking about going international with what? The Iraqi dinar...they're going to liberalize the dinar.
11-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States is meeting all day with Iraq on ways to help with the dollar crisis and now JP Morgan has stepped in too. They say JP will...help five Iraqi banks and this is a firm standpoint that will help start an end to the black market issue. We believe it would be the start of also of the float... FRANK: ...They are preparing you to make an announcement on your new category notes. JP Morgan has always said this dinar investment is a scam and now they are 100% behind the dinar monetary reform huh? Why? Because they are about to explode the currency internationally with the CBI.
11-14-2023 Intel Guru yada Review from the articles... The PM announced the banks are now able to exchange foreign in country last week. The digital connections have been activated to collect the tariffs and taxes from all border crossings Monday last week. Their stock mark showed a 3000 point drop in dinars this past Sunday. To me, the dollar to dinar value is adjusting to the actual reissued value of the dinar. 10 days or so, 12 countries did currency swaps with Iraq. Contracts that were previously agreed upon are being signed from countries coming into Iraq to do business. TOTAL being one of the largest and along with the infrastructure contracts. All this requiring a new REISSUED rate. IMO, they've gone a far as they can go without not changing the rate...
11-14-2023 Intel Guru MarkZ [via PDK] “Iraq plans “to neglect the US dollar” and parliament proposes to diversify foreign currency baskets” Iraq will hold foreign currencies so they can do business in and around the middle east without the US. This story is bigger than it appears. It is all about de-dollarization. We know Iraq plans to be de-dollarized by January 1st. So for Iraq to be de-dollarized by January 1st…then their oil profits, etc will no longer be going through the US system that it is going through now…AND, they will need a fully functional, international currency. We have a really good indicator of when this rv has to happen by. It makes logical sense for it to be sooner. This article is fantastic.
11-13-2023 Newshound Guru Militia Man Iraq's going to have a Real Effective Exchange Rate not just a Nominal Effective Exchange Rate and the WTO is going to know about it, so is the UN, so is the United States Treasury, the Bank of International Settlements. Everybody is going to be paying attention to the amount of money that's going to come out of this country...
11-13-2023 Newshound Guru Pimpy There's many factors that help increase the value of the currency but this one move of them start to import foreign exchange, this is a biggie. This opens the doors for everything else...
11-13-2023 Intel Guru MarkZ [via PDK] Question: So, are we making appointments tomorrow? MarkZ: That continues to be a rumor from some banking sources…we shall see…but, they would have to kick it into massive overdrive for that to happen.
11-13-2023 Newshound Guru Clare Article: "An Iraqi-American agreement to enhance Iraqi bank balances in dollars, yuan, and Indian rupees" Quote: “In light of the recent meetings of the Central Bank with the American side, the number of banks that can directly strengthen their balance in US dollars has become ten banks, five through Citi Bank, and five other banks other than the first. Through JP Morgan Bank."
11-13-2023 Newshound Guru Sandy Ingram Iraq has the same mattress banking issue as Zimbabwe. Iraq has introduced the POS (Point of Sale) digital currency and is literally taking cash off the table. In addition Iraq will eliminate the US dollar from all public transactions beginning January 1 2024. Iraq is gaining control over its currency. What we as investors must figure out is how can we participate in this money transfer to digital without actually traveling to the Middle East which is nowhere near safe...
11-13-2023 Newshound Guru Militia Man Salaries, oil and gas, what do they need? Salaries need an exchange rate. Oil and gas need an exchange rate. 2023, 24, 25 budget need an exchange rate. All the contracts for housing need an adjustment to the exchange rate to be able to finish those things...It's fairly cut and dry...what are they looking for? They're looking for the exchange rate...It hasn't all happened yet. Why? Because it's obvious now. We're waiting them four in on that pinpoint. What is it? There's only one item I think is left to do...
11-13-2023 Newshound Guru Samson Article: "CBI, Federal Reserve sign deals to ease forex transfers from Iraq after intensive meetings in UAE: official source"
11-13-2023 Intel Guru Frank26 Right now the monetary reform plan is telling you we're going to be part of the WTO. Now, we don't have to have a rise in our currency but we have to have restriction free currency so that our currency can be internationally accepted. Therefore our currency can now float internationally in an international basket...
11-13-2023 Intel Guru MarkZ [via PDK] I don’t expect us to wait much longer. The chatter is huge… Some still thinks we will start tomorrow to set appointments …we shall see. Nobody knows the exact timing.
11-13-2023 Newshound Guru Militia Man Article quote: "The CBI, the federal Reserve signed deals to ease Forex transfers from Iraq after intensive meetings in the UAE..." ...Key in on this one key word - Ease...They say the process is poised to kick off in the coming days. They're in process of working to doing trade in globally acceptable international currencies ... Phenomenal stuff.
11-13-2023 Newshound Guru Pimpy The news continues to get better and better. Article: "JP Morgan strengthens 5 Iraqi Banks" Another article with really good news...It's exciting to hear this news. I'm not going to get overly hyped. I'm going to stay grounded but it is looking very very good.
11-13-2023 Newshound Guru Clare Article: "A government source reveals the outcomes of the meeting between the Central Bank and the American side" Quote: "It was agreed to enhance the advance balance of five Iraqi banks in their accounts in dollars with Jordanian banks and transfers via (JP Morgan), noting that the problems related to the rejected transfers were resolved..."
11-13-2023 Intel Guru yada ...we are witnessing the process playing out before us. It means the checks and balance were put in place by the stopping of the launding the dollar causing the decline of the use of the dollar in country. The seed was placed in the ground with all the regulations and the growth started and now, it is braking the surface such we will benefit from it...Articles have revealed it will not be in vain and the change over is taking place...NOW!
11-13-2023 Intel Guru MarkZ [via PDK] In Vietnam: “Lego’s 1Bn factory in southern Vietnam is 26 percent complete” Why is this important? It’s important because international business is looking at Vietnam as secure and stable…. They are employing up to 4 thousand. IMO this is a great one.
11-13-2023 Intel Guru Bruce [via WiserNow] If anybody thinks that there are no 800 numbers or actually it's probably an 800 number...They really don't know anything - if they don't know this... our contacts are at the redemption centers...we know what's going on. We know, for example, that there was a very, very good dinar rate on the bank screens...and it'll migrate to the front screen of the banks... but realize this, our redemption center rates will be higher than the regular bank screens...Bank screens are tied to the Forex...redemption centers are not. They have their own rates and will have the very best and highest rates for us.
11-13-2023 Newshound Guru Pimpy There's many factors that help increase the value of the currency but this one move of them start to import foreign exchange, this is a biggie. This opens the doors for everything else...
11-13-2023 Intel Guru MarkZ [via PDK] Question: So, are we making appointments tomorrow? MarkZ: That continues to be a rumor from some banking sources…we shall see…but, they would have to kick it into massive overdrive for that to happen.
11-13-2023 Newshound Guru Clare Article: "An Iraqi-American agreement to enhance Iraqi bank balances in dollars, yuan, and Indian rupees" Quote: “In light of the recent meetings of the Central Bank with the American side, the number of banks that can directly strengthen their balance in US dollars has become ten banks, five through Citi Bank, and five other banks other than the first. Through JP Morgan Bank."
11-13-2023 Newshound Guru Sandy Ingram Iraq has the same mattress banking issue as Zimbabwe. Iraq has introduced the POS (Point of Sale) digital currency and is literally taking cash off the table. In addition Iraq will eliminate the US dollar from all public transactions beginning January 1 2024. Iraq is gaining control over its currency. What we as investors must figure out is how can we participate in this money transfer to digital without actually traveling to the Middle East which is nowhere near safe...
11-13-2023 Newshound Guru Militia Man Salaries, oil and gas, what do they need? Salaries need an exchange rate. Oil and gas need an exchange rate. 2023, 24, 25 budget need an exchange rate. All the contracts for housing need an adjustment to the exchange rate to be able to finish those things...It's fairly cut and dry...what are they looking for? They're looking for the exchange rate...It hasn't all happened yet. Why? Because it's obvious now. We're waiting them four in on that pinpoint. What is it? There's only one item I think is left to do...
11-13-2023 Newshound Guru Samson Article: "CBI, Federal Reserve sign deals to ease forex transfers from Iraq after intensive meetings in UAE: official source"
11-13-2023 Intel Guru Frank26 Right now the monetary reform plan is telling you we're going to be part of the WTO. Now, we don't have to have a rise in our currency but we have to have restriction free currency so that our currency can be internationally accepted. Therefore our currency can now float internationally in an international basket...
11-13-2023 Intel Guru MarkZ [via PDK] I don’t expect us to wait much longer. The chatter is huge… Some still thinks we will start tomorrow to set appointments …we shall see. Nobody knows the exact timing.
11-13-2023 Newshound Guru Militia Man Article quote: "The CBI, the federal Reserve signed deals to ease Forex transfers from Iraq after intensive meetings in the UAE..." ...Key in on this one key word - Ease...They say the process is poised to kick off in the coming days. They're in process of working to doing trade in globally acceptable international currencies ... Phenomenal stuff.
11-13-2023 Newshound Guru Pimpy The news continues to get better and better. Article: "JP Morgan strengthens 5 Iraqi Banks" Another article with really good news...It's exciting to hear this news. I'm not going to get overly hyped. I'm going to stay grounded but it is looking very very good.
11-13-2023 Newshound Guru Clare Article: "A government source reveals the outcomes of the meeting between the Central Bank and the American side" Quote: "It was agreed to enhance the advance balance of five Iraqi banks in their accounts in dollars with Jordanian banks and transfers via (JP Morgan), noting that the problems related to the rejected transfers were resolved..."
11-13-2023 Intel Guru yada ...we are witnessing the process playing out before us. It means the checks and balance were put in place by the stopping of the launding the dollar causing the decline of the use of the dollar in country. The seed was placed in the ground with all the regulations and the growth started and now, it is braking the surface such we will benefit from it...Articles have revealed it will not be in vain and the change over is taking place...NOW!
11-13-2023 Intel Guru MarkZ [via PDK] In Vietnam: “Lego’s 1Bn factory in southern Vietnam is 26 percent complete” Why is this important? It’s important because international business is looking at Vietnam as secure and stable…. They are employing up to 4 thousand. IMO this is a great one.
11-13-2023 Intel Guru Bruce [via WiserNow] If anybody thinks that there are no 800 numbers or actually it's probably an 800 number...They really don't know anything - if they don't know this... our contacts are at the redemption centers...we know what's going on. We know, for example, that there was a very, very good dinar rate on the bank screens...and it'll migrate to the front screen of the banks... but realize this, our redemption center rates will be higher than the regular bank screens...Bank screens are tied to the Forex...redemption centers are not. They have their own rates and will have the very best and highest rates for us.
11-12-2023 Newshound Guru Militia Man We don't believe for a second Iraq is going to join the World Trade Organization at 1310 exchange rate. We think it's going to be different. We think the project to delete the zeros is going to be part of the process.
11-12-2023 Intel Guru Frank26 Question: "Will there be a short time frame that the Iraqi citizens are informed of the rate change and able to benefit before the rest of the world finds out or do you feel we will all know when they know?" We'll all know at the same time...But a dinar is a dinar inside of Iraq. It will not be affected by the external exchange rate as it grows it stays at whatever exchange rate they release it at internally. Will citizens become rich? No, I wouldn't say they're going to be rich but they're going to have a lot more purchasing power...
11-12-2023 Newshound Guru Pimpy We all agree that it appears Iraq is headed in the right direction. That's always a good sign.
11-12-2023 Newshound Guru Jeff Back in mid-September Sudani went to the UN meeting in New York. He stressed and put a huge emphasis on...cleaning, tackling and removing corruption. Since that point they've had a lot of articles coming out talking about combating corruption...This is what you're waiting on for the rate change...This is the central banks absolute #1 requirement in order to revalue...
11-12-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] How will Aki profit by having these banks? By exchanging the Iraqi dinar for dollars. This is a profit for the bank. For Aki...
11-12-2023 Newshound Guru Militia Man Iraq's assistance for ascension is a key indicator especially when they're talking about post ascension. That is powerful because if they're talking about post ascension it gives you the heads up that the game's on - They're ready to finish it...
11-12-2023 Intel Guru RayRen98 ...LET'S WAIT AND SEE IF THINGS ARE STILL "ON TARGET" FOR LATER THIS EVENING AND ON INTO MONDAY/ TUESDAY FOR LIL OLE US.
11-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: On television they are showing Sudani again in Kurdistan...they are still having talks with the WTO...That caught us by surprise...They are saying from the WTO that they are doing the final edits to conclude the post ascension of Iraq into the WTO... FRANK: You got shoulder to shoulder. There are no problems! ...The WTO is not in Baghdad anymore, they're in Kurdistan... Wow, this is getting serious! FIREFLY: They are telling us they will be included in it because of what they have done with the monetary reform...
11-12-2023 Newshound Guru Pimpy Articles that we spoke about pertaining to the importing of foreign currencies is a great thing for Iraq but they need more than just that to move forward with increasing the Iraqi dinar. Now, having said that, that is a great huge first step. That isn't a small thing. That's big. The other things are making sure your government and economy are stable. That is something within their grasp if they could just work together.
11-12-2023 Newshound Guru Clare Article: "Intensive Iraqi-American meetings in the Emirates result in important decisions regarding external transfers of the dollar” Quote: "The official Iraqi News Agency quoted a government source as saying that intensive meetings took place during the past few days in Abu Dhabi between a delegation from the Central Bank of Iraq and the American side responsible for foreign transfer operations to cover imports, indicating that the negotiations culminated in a number of decisions and mechanisms that contribute to facilitating procedures. Regarding external transfers related to imports through the foreign currency sales window."
11-12-2023 Intel Guru MarkZ [via PDK] “The seventh Ambassadors conference confirms the increase in Iraq’s effectiveness regionally and internationally” Leaders from different regions got together to talk about their progress. This was a especially fruitful conference in Iraq.
11-12-2023 Intel Guru Frank26 Question: "Will there be a short time frame that the Iraqi citizens are informed of the rate change and able to benefit before the rest of the world finds out or do you feel we will all know when they know?" We'll all know at the same time...But a dinar is a dinar inside of Iraq. It will not be affected by the external exchange rate as it grows it stays at whatever exchange rate they release it at internally. Will citizens become rich? No, I wouldn't say they're going to be rich but they're going to have a lot more purchasing power...
11-12-2023 Newshound Guru Pimpy We all agree that it appears Iraq is headed in the right direction. That's always a good sign.
11-12-2023 Newshound Guru Jeff Back in mid-September Sudani went to the UN meeting in New York. He stressed and put a huge emphasis on...cleaning, tackling and removing corruption. Since that point they've had a lot of articles coming out talking about combating corruption...This is what you're waiting on for the rate change...This is the central banks absolute #1 requirement in order to revalue...
11-12-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] How will Aki profit by having these banks? By exchanging the Iraqi dinar for dollars. This is a profit for the bank. For Aki...
11-12-2023 Newshound Guru Militia Man Iraq's assistance for ascension is a key indicator especially when they're talking about post ascension. That is powerful because if they're talking about post ascension it gives you the heads up that the game's on - They're ready to finish it...
11-12-2023 Intel Guru RayRen98 ...LET'S WAIT AND SEE IF THINGS ARE STILL "ON TARGET" FOR LATER THIS EVENING AND ON INTO MONDAY/ TUESDAY FOR LIL OLE US.
11-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: On television they are showing Sudani again in Kurdistan...they are still having talks with the WTO...That caught us by surprise...They are saying from the WTO that they are doing the final edits to conclude the post ascension of Iraq into the WTO... FRANK: You got shoulder to shoulder. There are no problems! ...The WTO is not in Baghdad anymore, they're in Kurdistan... Wow, this is getting serious! FIREFLY: They are telling us they will be included in it because of what they have done with the monetary reform...
11-12-2023 Newshound Guru Pimpy Articles that we spoke about pertaining to the importing of foreign currencies is a great thing for Iraq but they need more than just that to move forward with increasing the Iraqi dinar. Now, having said that, that is a great huge first step. That isn't a small thing. That's big. The other things are making sure your government and economy are stable. That is something within their grasp if they could just work together.
11-12-2023 Newshound Guru Clare Article: "Intensive Iraqi-American meetings in the Emirates result in important decisions regarding external transfers of the dollar” Quote: "The official Iraqi News Agency quoted a government source as saying that intensive meetings took place during the past few days in Abu Dhabi between a delegation from the Central Bank of Iraq and the American side responsible for foreign transfer operations to cover imports, indicating that the negotiations culminated in a number of decisions and mechanisms that contribute to facilitating procedures. Regarding external transfers related to imports through the foreign currency sales window."
11-12-2023 Intel Guru MarkZ [via PDK] “The seventh Ambassadors conference confirms the increase in Iraq’s effectiveness regionally and internationally” Leaders from different regions got together to talk about their progress. This was a especially fruitful conference in Iraq.
11-11-2023 Newshound Guru Pimpy I believe the dinar is going to go up in value in such a way that it's going to create a bunch of millionaires.
11-11-2023 Newshound Guru Militia Man At the moment we're at 1310. If you drop 3 zeros you have a number...The dinar at 1000...drop the 3 zeros, what are you at? You're at 1 to 1. That's the project to delete the zeros off the exchange rate. Not the currency. The exchange rate.
11-11-2023 Intel Guru Frank26 Question: "What do you think the rate will be?" IMO a reinstatement of $3.22 to a cap of about $4.25.
11-11-2023 Guru Nader From The Mid East I can't wait to see what's going on. If they're going to bring the dollar to 1,000 or less.
11-11-2023 Newshound/Intel Guru Walkingstick The economic reform is blossoming...because the monetary reform was a success...It is due to the security and stability that Sudani and Alaq have created for the reforms.
11-11-2023 Newshound Guru Clare Article: "Central Bank: Inflation rates in Iraq are low and their percentage is acceptable compared to countries in the region"
11-11-2023 Newshound Guru Militia Man The second workshop the UNCTAD will put on through 11-14 November 2023. It is for Iraq's on going preparation for WTO accession... They are in it to the end now. They are in a place where they can have accession at anytime that the check boxes are checked...They are not waiting on any distant time frame. It is all a part of the process that they have to go through and the completion stage they are in...Just note, post assistance for Iraq and for after accession is a key indicator that they are in the completion phase..
11-11-2023 Intel Guru Frank26 When Sudani went over to the United States Treasury at the the UN...they told him to do a couple more things. He said fine I'll do it. He went back he did it in less than 24 hours because it was simple. But the purpose for him going there was to deliver the new exchange rate that they are going to release.
11-11-2023 Intel Guru MarkZ [via PDK] The earliest we expected things was Friday evening… The most probable time is Saturday. But there is nothing yet. Iraq is embracing alternative currencies like the Indian Rupee and the Chinese Yuan. Euro ect…Many interesting things happening in Iraq that points to an ”International Currency”. This means a new rate.
11-11-2023 Newshound Guru Pimpy The only people I could think of would be the corrupt people. As long as there's a black market well then they get to make a lot of money off of it. IMO it's most likely somebody with the political party, I don't want to name no names, Maliki, but I'm guessing it's got to be somebody from the Coordinating Framework that is opposing this. Because if you do allow them to import foreign exchanges and the currencies are coming into the bank it makes it really hard for there to be a black market especially if the Iraqi dinar starts going up in value...No need to panic...Positive Juju...come on everybody, positive Juju. Everything is going to go according to plan... [Post 2 of 2]
11-11-2023 Newshound Guru Pimpy Importing of foreign exchange, that was a huge step for Iraq but don't count chickens before they hatch. Hopefully they don't do anything to mess it up... There's somebody in there challenging this...On the face of things with everything that's going on with Iraq...trying to open up to the international community...trying to bring prosperity to the people...trying to get rid of the United States as a babysitter, them wanting their own sovereignty back, I just don't understand how anybody would ever think about challenging this. [Post 1 of 2...stay tuned]
11-11-2023 Newshound Guru Militia Man Article quote: "It's not possible to import the dollar and secure in the local market without registering the dinar in the basket of Arab and international currencies." Bing! Wow, what did they just say? ...That's like going back to where they were in the past, that 'previous era'...
11-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK continues: They prepare you inside of Iraq for your new exchange rate by telling you about the coins. Those are even smaller than the new small category notes...To see it right now is perfect timing...In these last final second of all this information is being given to you about your monetary reform... Congratulations. Every day is one breath closer to you new exchange rate before 2024. [Post 2 of 2]
11-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about some economist...we trust him, saying Iraq needs to bring the dinar to a register inside of a basket with internationals...Then they say to us the reason for this is so the black market can be dealt with. FRANK: This monetary reform education is at it's best! FIREFLY: The talks are about bringing value to the dinar. They also say they're going to give us metal currency. Coins... FRANK: This is the part where I tell you, I told you so! Lol... [Post 1 of 2....stay tuned]
11-11-2023 Intel Guru Bruce [via WiserNow] ...first of all regarding Iraq, very early in the morning...Friday...the ATM machines which have been loaded with lower denomination dinar...meaning being 5 / 10 / 20 /50 / 100’s - sort of like we would have 20s in our ATMs. I don't know how many different denominations they have...those are activated early this morning for the first time – that’s new...So the lower denomination dinar are in the ATMs and were utilized...
11-11-2023 Intel Guru MarkZ [via PDK] Iraq is now selling gold to banks and that is good news…. They are doing everything they need to do and are making solid progress toward this Rv…but, stay grounded. We know we are close…we are hopeful…but, manage your expectations...But everything seems to be pointing to an announcement in the next day or so.
11-11-2023 Newshound Guru Militia Man At the moment we're at 1310. If you drop 3 zeros you have a number...The dinar at 1000...drop the 3 zeros, what are you at? You're at 1 to 1. That's the project to delete the zeros off the exchange rate. Not the currency. The exchange rate.
11-11-2023 Intel Guru Frank26 Question: "What do you think the rate will be?" IMO a reinstatement of $3.22 to a cap of about $4.25.
11-11-2023 Guru Nader From The Mid East I can't wait to see what's going on. If they're going to bring the dollar to 1,000 or less.
11-11-2023 Newshound/Intel Guru Walkingstick The economic reform is blossoming...because the monetary reform was a success...It is due to the security and stability that Sudani and Alaq have created for the reforms.
11-11-2023 Newshound Guru Clare Article: "Central Bank: Inflation rates in Iraq are low and their percentage is acceptable compared to countries in the region"
11-11-2023 Newshound Guru Militia Man The second workshop the UNCTAD will put on through 11-14 November 2023. It is for Iraq's on going preparation for WTO accession... They are in it to the end now. They are in a place where they can have accession at anytime that the check boxes are checked...They are not waiting on any distant time frame. It is all a part of the process that they have to go through and the completion stage they are in...Just note, post assistance for Iraq and for after accession is a key indicator that they are in the completion phase..
11-11-2023 Intel Guru Frank26 When Sudani went over to the United States Treasury at the the UN...they told him to do a couple more things. He said fine I'll do it. He went back he did it in less than 24 hours because it was simple. But the purpose for him going there was to deliver the new exchange rate that they are going to release.
11-11-2023 Intel Guru MarkZ [via PDK] The earliest we expected things was Friday evening… The most probable time is Saturday. But there is nothing yet. Iraq is embracing alternative currencies like the Indian Rupee and the Chinese Yuan. Euro ect…Many interesting things happening in Iraq that points to an ”International Currency”. This means a new rate.
11-11-2023 Newshound Guru Pimpy The only people I could think of would be the corrupt people. As long as there's a black market well then they get to make a lot of money off of it. IMO it's most likely somebody with the political party, I don't want to name no names, Maliki, but I'm guessing it's got to be somebody from the Coordinating Framework that is opposing this. Because if you do allow them to import foreign exchanges and the currencies are coming into the bank it makes it really hard for there to be a black market especially if the Iraqi dinar starts going up in value...No need to panic...Positive Juju...come on everybody, positive Juju. Everything is going to go according to plan... [Post 2 of 2]
11-11-2023 Newshound Guru Pimpy Importing of foreign exchange, that was a huge step for Iraq but don't count chickens before they hatch. Hopefully they don't do anything to mess it up... There's somebody in there challenging this...On the face of things with everything that's going on with Iraq...trying to open up to the international community...trying to bring prosperity to the people...trying to get rid of the United States as a babysitter, them wanting their own sovereignty back, I just don't understand how anybody would ever think about challenging this. [Post 1 of 2...stay tuned]
11-11-2023 Newshound Guru Militia Man Article quote: "It's not possible to import the dollar and secure in the local market without registering the dinar in the basket of Arab and international currencies." Bing! Wow, what did they just say? ...That's like going back to where they were in the past, that 'previous era'...
11-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK continues: They prepare you inside of Iraq for your new exchange rate by telling you about the coins. Those are even smaller than the new small category notes...To see it right now is perfect timing...In these last final second of all this information is being given to you about your monetary reform... Congratulations. Every day is one breath closer to you new exchange rate before 2024. [Post 2 of 2]
11-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about some economist...we trust him, saying Iraq needs to bring the dinar to a register inside of a basket with internationals...Then they say to us the reason for this is so the black market can be dealt with. FRANK: This monetary reform education is at it's best! FIREFLY: The talks are about bringing value to the dinar. They also say they're going to give us metal currency. Coins... FRANK: This is the part where I tell you, I told you so! Lol... [Post 1 of 2....stay tuned]
11-11-2023 Intel Guru Bruce [via WiserNow] ...first of all regarding Iraq, very early in the morning...Friday...the ATM machines which have been loaded with lower denomination dinar...meaning being 5 / 10 / 20 /50 / 100’s - sort of like we would have 20s in our ATMs. I don't know how many different denominations they have...those are activated early this morning for the first time – that’s new...So the lower denomination dinar are in the ATMs and were utilized...
11-11-2023 Intel Guru MarkZ [via PDK] Iraq is now selling gold to banks and that is good news…. They are doing everything they need to do and are making solid progress toward this Rv…but, stay grounded. We know we are close…we are hopeful…but, manage your expectations...But everything seems to be pointing to an announcement in the next day or so.
11-10-2023 Newshound Guru Clare Article: "Economist: It is not possible to mint an Iraqi coin currently, and inflation is a thousand times high ”
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11-10-2023 Newshound Guru Militia Man They just told you their natural resource wealth is just phenomenal. They're telling you their taxes and tariffs at the border have been activated...tourism...all of that. What do you really know about what you own. Pay attention to that.
11-10-2023 Intel Guru Bruce [via WiserNow] ...we heard that redemption centers had two conference calls... to go over the final details, last minute touches...Before we go...they did say that this came off the calls, that we should have our notifications delivered to us by email tomorrow late morning...
11-10-2023 Newshound Guru Pimpy I still think it's going to go up in increments. That's because there's too many factors that have to be looked at in order for an RI to actually happen. Now I'm not saying it's impossible...Know a lot of you out there get pissy about what I say. Look, it's just my option and I share why I come up with that opinion. For all I know tomorrow we wake up and they reinstated a $3.22 rate. That would be awesome and people are like well, well pimpy was wrong...That's one time I won't be depressed about being wrong...
11-10-2023 Intel Guru Frank26 There's only one thing we're waiting for - Sudani to introduce the new exchange rate. [People say] Well no Frank, we're waiting for the new exchange rate to get to Sudani from Alaq. [No.] they already got it...Sudani took it to New York and the Untied States Treasury and they looked at it and they said, wow! Okay, go home and get it done... And he came home.
11-10-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] When Saddam was removed, many retirees...expatriots...soldiers...citizens left Iraq...A great portion has come to the United States of America therefore these [CBI affiliated] private banks are needed for the reinstatement for the Central Bank of Iraq to re-collect the 3-zero notes that are missing...They turned the private exchange centers into private banks for...the change in the exchange rate of the Iraqi currency.
11-10-2023 Intel Guru MarkZ [via PDK] I continue to hear that they are positioned and we should get an announcement over the weekend and exchanges should start on Tuesday…That is what I am hearing. The chatter is great. But I find it difficult to believe that anyone knows the exact date…for security reasons... My gut is saying we are close. And Iraq has put themselves in a position that it is time to go.
11-10-2023 Newshound Guru Clare Article: "Misdemeanor Integrity Court: Iraq has come a long way to get off the money laundering blacklist"
11-10-2023 Newshound Guru Militia Man You can't vote on the hydrocarbon law for the citizens without revaluation. You have to have value...Just like the World Trade Organization. You have to have a value for ascension. That's my view....I think it's falling into place. It's really looking kind of cool...
11-10-2023 Newshound Guru Pimpy Now that Iraq is doing this with the Central Bank, the import of Foreign Exchange does that help the currency at all? ...This is a sanction that was lifted. This is opening the door for Iraq to start doing trade again with the international community...
11-10-2023 Guru Nader From The Mid East Pimpy was talking about the sanction about the money sanctions and he was not sure if we were out of money sanction or not...An article came out and said we are out from the blacklist of trafficking money...That means the sanctions have been lifted on the money side...banking side. This is very very good news. Now it's a matter of time.
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11-10-2023 Intel Guru MarkZ [via PDK] I do know there is a lot of pressure on them. I had a UN contact reach out and told me there is a whole lot of pressure on Iraq to go now.
11-10-2023 Intel/Newshound Guru Mnt Goat The CBI and the Finance Committee are really tightening their restrictions on the dollar. They need to get this de-dollarization process ended...Why not just make the dinar much more valuable than the dollar “officially” by raising the rate? ...we can see the CBI wants to follow up on this outcome...we know they first have to create the demand for the IQD outside of Iraq...That is the hurdle the CBI is now working on. They must now get agreements in place to accept the dinar in trade transactions with other Arabic countries and other developed nations trading partners.
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11-10-2023 Newshound Guru Militia Man They just told you their natural resource wealth is just phenomenal. They're telling you their taxes and tariffs at the border have been activated...tourism...all of that. What do you really know about what you own. Pay attention to that.
11-10-2023 Intel Guru Bruce [via WiserNow] ...we heard that redemption centers had two conference calls... to go over the final details, last minute touches...Before we go...they did say that this came off the calls, that we should have our notifications delivered to us by email tomorrow late morning...
11-10-2023 Newshound Guru Pimpy I still think it's going to go up in increments. That's because there's too many factors that have to be looked at in order for an RI to actually happen. Now I'm not saying it's impossible...Know a lot of you out there get pissy about what I say. Look, it's just my option and I share why I come up with that opinion. For all I know tomorrow we wake up and they reinstated a $3.22 rate. That would be awesome and people are like well, well pimpy was wrong...That's one time I won't be depressed about being wrong...
11-10-2023 Intel Guru Frank26 There's only one thing we're waiting for - Sudani to introduce the new exchange rate. [People say] Well no Frank, we're waiting for the new exchange rate to get to Sudani from Alaq. [No.] they already got it...Sudani took it to New York and the Untied States Treasury and they looked at it and they said, wow! Okay, go home and get it done... And he came home.
11-10-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] When Saddam was removed, many retirees...expatriots...soldiers...citizens left Iraq...A great portion has come to the United States of America therefore these [CBI affiliated] private banks are needed for the reinstatement for the Central Bank of Iraq to re-collect the 3-zero notes that are missing...They turned the private exchange centers into private banks for...the change in the exchange rate of the Iraqi currency.
11-10-2023 Intel Guru MarkZ [via PDK] I continue to hear that they are positioned and we should get an announcement over the weekend and exchanges should start on Tuesday…That is what I am hearing. The chatter is great. But I find it difficult to believe that anyone knows the exact date…for security reasons... My gut is saying we are close. And Iraq has put themselves in a position that it is time to go.
11-10-2023 Newshound Guru Clare Article: "Misdemeanor Integrity Court: Iraq has come a long way to get off the money laundering blacklist"
11-10-2023 Newshound Guru Militia Man You can't vote on the hydrocarbon law for the citizens without revaluation. You have to have value...Just like the World Trade Organization. You have to have a value for ascension. That's my view....I think it's falling into place. It's really looking kind of cool...
11-10-2023 Newshound Guru Pimpy Now that Iraq is doing this with the Central Bank, the import of Foreign Exchange does that help the currency at all? ...This is a sanction that was lifted. This is opening the door for Iraq to start doing trade again with the international community...
11-10-2023 Guru Nader From The Mid East Pimpy was talking about the sanction about the money sanctions and he was not sure if we were out of money sanction or not...An article came out and said we are out from the blacklist of trafficking money...That means the sanctions have been lifted on the money side...banking side. This is very very good news. Now it's a matter of time.
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11-10-2023 Intel Guru MarkZ [via PDK] I do know there is a lot of pressure on them. I had a UN contact reach out and told me there is a whole lot of pressure on Iraq to go now.
11-10-2023 Intel/Newshound Guru Mnt Goat The CBI and the Finance Committee are really tightening their restrictions on the dollar. They need to get this de-dollarization process ended...Why not just make the dinar much more valuable than the dollar “officially” by raising the rate? ...we can see the CBI wants to follow up on this outcome...we know they first have to create the demand for the IQD outside of Iraq...That is the hurdle the CBI is now working on. They must now get agreements in place to accept the dinar in trade transactions with other Arabic countries and other developed nations trading partners.
11-9-2023 Intel Guru MarkZ [via PDK] Folks continue to target the next couple of days starting late tomorrow. News continues to be very positive. Great reports from Iraq …they have high expectations of dinar being openly and freely traded over the next few days-internationally. They have completed so much and now they need to pull the trigger.
11-9-2023 Newshound Guru Militia Man The Swift System...it's been tested...but has it been implemented? It hasn't been implemented with the Iraqi dinar at 1310. They haven't done it yet...Are they openly trading globally around the world right now at 1310? No they're not. I don't care if you have Forex sites that are giving quotes...they're not doing it...When it happens it's going to be a level playing field...
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11-9-2023 Intel Guru Frank26 Question "Will the dinar continue to float after the RI?" Well that is the process...After the reinstatement of the Iraqi dinar internally then it'll float externally in all the markets...
11-9-2023 Newshound/Intel Guru Walkingstick You have all these countries that want to pour into Iraq and they're going to bring in their currency...Go ahead bring in your currency but you're going to have to convert it into Iraqi dinar. And that's what? Supply and demand on the market which will blow the Iraqi dinar value up...
11-9-2023 Newshound Guru Militia Man The 2023, 24, 25 budget it's an investment budget. They haven't dispersed the money yet. What do they need to do that? What does the HCL need...? What do the salaries need to supply the money for them to get those things? What is it? It's an exchange rate. That's why they haven't done it yet...
11-9-2023 Intel Guru Frank26 Purchasing power, that's what the citizens of Iraq feel like right now. They buy things but they are not getting their money's worth.
11-9-2023 Newshound Guru Pimpy This is really significant. Quote: "Their development marks a significant step towards Iraq in terms of economic growth and integration into the global market" ...I don't know if all the sanctions are being lifted but this is definitely one of the sanctions. By lifting these restrictions Iraq can now import a diverse range of product that's from all over internationally ...Looks like Iraq is taking off the training wheels and it's about to step back onto the international world. This is going to be big on their economy and yes over time it will increase the value of the Iraqi dinar...This definitely is a reason for people to smile... [Post 2 of 2]
11-9-2023 Newshound Guru Pimpy There is some really good news...out of Iraq... Article: "The central bank allows Iraqi banks to import foreign currency..." Of course everybody's...talking about how great it is but what they're not doing is explaining to you why it's great...The move...is really going to open the doors for them economically and strengthen the dinar...This article is a biggie...not just good but very good. Why is this such a big deal Pimpy? Oh it's a very big deal. Iraq is now allowed to import foreign exchanges. [Post 1 of 2....stay tuned]
11-9-2023 Intel Guru MarkZ [via PDK] I am still getting Friday night through Sunday morning from nearly all of my contacts…. I am being told that Iraq on Friday is expected to join the World Trade Organization and that they have a fully international currency. This means a lot needs to happen in the next 24-36 hours. We are going to watch it closely.
11-9-2023 Newshound Guru Samson Article: "Iraq Central Bank - Allows Foreign Currency Import - Kills the Black Market?"
11-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is saying the Central Bank of Iraq is allowing foreign countries and currencies to trade now inside of Iraq banks...
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11-9-2023 Guru Nader From The Mid East Article quote: "The Central Bank of Iraq...decided to allow you to import foreign currency from outside Iraq..." Very very important. We start receiving money internationally...this means in a couple days we be International be on Forex...Get ready to cash out soon...
11-9-2023 Intel Guru MarkZ [via PDK] Comment: [Guru] Nader said IQD is going international in a couple of days! MarkZ: That is huge and I continue to get the same from my Iraqi sources as well.
11-9-2023 Newshound Guru Militia Man The Swift System...it's been tested...but has it been implemented? It hasn't been implemented with the Iraqi dinar at 1310. They haven't done it yet...Are they openly trading globally around the world right now at 1310? No they're not. I don't care if you have Forex sites that are giving quotes...they're not doing it...When it happens it's going to be a level playing field...
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11-9-2023 Intel Guru Frank26 Question "Will the dinar continue to float after the RI?" Well that is the process...After the reinstatement of the Iraqi dinar internally then it'll float externally in all the markets...
11-9-2023 Newshound/Intel Guru Walkingstick You have all these countries that want to pour into Iraq and they're going to bring in their currency...Go ahead bring in your currency but you're going to have to convert it into Iraqi dinar. And that's what? Supply and demand on the market which will blow the Iraqi dinar value up...
11-9-2023 Newshound Guru Militia Man The 2023, 24, 25 budget it's an investment budget. They haven't dispersed the money yet. What do they need to do that? What does the HCL need...? What do the salaries need to supply the money for them to get those things? What is it? It's an exchange rate. That's why they haven't done it yet...
11-9-2023 Intel Guru Frank26 Purchasing power, that's what the citizens of Iraq feel like right now. They buy things but they are not getting their money's worth.
11-9-2023 Newshound Guru Pimpy This is really significant. Quote: "Their development marks a significant step towards Iraq in terms of economic growth and integration into the global market" ...I don't know if all the sanctions are being lifted but this is definitely one of the sanctions. By lifting these restrictions Iraq can now import a diverse range of product that's from all over internationally ...Looks like Iraq is taking off the training wheels and it's about to step back onto the international world. This is going to be big on their economy and yes over time it will increase the value of the Iraqi dinar...This definitely is a reason for people to smile... [Post 2 of 2]
11-9-2023 Newshound Guru Pimpy There is some really good news...out of Iraq... Article: "The central bank allows Iraqi banks to import foreign currency..." Of course everybody's...talking about how great it is but what they're not doing is explaining to you why it's great...The move...is really going to open the doors for them economically and strengthen the dinar...This article is a biggie...not just good but very good. Why is this such a big deal Pimpy? Oh it's a very big deal. Iraq is now allowed to import foreign exchanges. [Post 1 of 2....stay tuned]
11-9-2023 Intel Guru MarkZ [via PDK] I am still getting Friday night through Sunday morning from nearly all of my contacts…. I am being told that Iraq on Friday is expected to join the World Trade Organization and that they have a fully international currency. This means a lot needs to happen in the next 24-36 hours. We are going to watch it closely.
11-9-2023 Newshound Guru Samson Article: "Iraq Central Bank - Allows Foreign Currency Import - Kills the Black Market?"
11-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is saying the Central Bank of Iraq is allowing foreign countries and currencies to trade now inside of Iraq banks...
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11-9-2023 Guru Nader From The Mid East Article quote: "The Central Bank of Iraq...decided to allow you to import foreign currency from outside Iraq..." Very very important. We start receiving money internationally...this means in a couple days we be International be on Forex...Get ready to cash out soon...
11-9-2023 Intel Guru MarkZ [via PDK] Comment: [Guru] Nader said IQD is going international in a couple of days! MarkZ: That is huge and I continue to get the same from my Iraqi sources as well.
11-8-2023 Newshound Guru Militia Man They said while they were at the UN...they're a sovereign country. They're going to need a sovereign currency. They're not going without one.
11-8-2023 Newshound Guru Pimpy There's a difference between an RV and an RI. The revaluation we seen happen a couple of times. We seen it go from 1,190 - It was devalued and it dropped to 1450. Then it revalued back up to 1320. So revalue we see quite often. RI is a reinstatement. If we remove the sanctions and the currency is reinstated that rate would be $3.22...
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11-8-2023 Intel Guru MarkZ [via PDK] I’m told to expect it Friday – if not before…with an announcement coming out of Iraq. We’ll see. Just stay calm. IMO if they are telling us an exact date- It’s probably not accurate. It could be before or after…but they are going to cloud the timing.
11-8-2023 Intel Guru Frank26 [Community Member Bank Story] I believe banking experiences are driven by the individual location and especially the training level of the bankers. I mentioned my investment to a baker at Chase yesterday, and she immediately dug out a "Private Client" business card, different than the one on her desk. She said "When that happens, call me."
11-8-2023 Intel Guru Bruce [via WiserNow] ...you know this, this is ready to go and you know, I told you guys I wouldn't call it but this is probably as close as I've ever been...there's the only thing we were waiting for today right now is the okay by the military. To give to the Treasury they would have the green light to give to the redemption centers and banks...I'm excited about where we are...I think everything is set
11-8-2023 Newshound Guru Kaperoni ...The Iraqi dinar being equal to the US dollar. I assure you if they change it to that, it will be a redenomination LOP. Which is a neutral event. Not what we want. There is no way for Iraq to afford such an event with over 90 trillion dinar in circulation.
11-8-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] These banks that Aki is representing the CBI with, they were exchange centers... but they were converted into banks recently last year. The reason why is because they know a change to the Iraqi dinar exchange rate is coming...
11-8-2023 Newshound Guru Militia Man The ascension to the World Trade Organization is a key component but they need a value to be able to do that for pricing all the components that are going to come through in and out of the country...That is massive. We're staring at that right now.
11-8-2023 Intel Guru MarkZ [via PDK] I know a number of group leaders have been traveling for this thing…but, they are not giving me any specifics. They have been cracked down on what they can say and NDA’s. They have been leaned on hard to not leak the timing of this event. To me this means timing is “sooner” rather than “later”.
11-8-2023 Newshound Guru Samson Article: "An American official from Erbil: Passing the oil and gas law is a priority for Washington"
11-8-23 Newshound Guru Pimpy One year report card...Al-Sudani and his cabinet...Given all the circumstances I would give Sudani definitely a B- . To be honest I thought it was going to be a lot worse than this. But like I said once the budget is passed we're going to start to see people's true colors. The second year is going to tell us a whole lot about Al-Sudani. Just when you think you got the right guy in there who seems to be getting everybody on the right path we have another election coming up again. That's going to tell us everything we need to know...
11-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Oil and Gas law by the 9th...or have to wait...Without the Oil and Gas no rate until 2024. FRANK: You say, without the HCL you will not have an exchange rate until January 1st? I can agree with you to a certain point...IMO Between now and January 1 you will see what you want...They already gave you a clue - The dollar will stop on January 1st...
11-8-2023 Intel Guru MarkZ “The central bank of Iraq have decided to resume the sale of gold bars and coins starting from Wednesday Nov. 8th”. ...they will be selling to private banks and the government. This is big imo…and shows more de-dollarization. And shows a similar pattern to Zimbabwe…going back to gold to support the value of their currencies.
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11-8-2023 Newshound Guru Pimpy There's a difference between an RV and an RI. The revaluation we seen happen a couple of times. We seen it go from 1,190 - It was devalued and it dropped to 1450. Then it revalued back up to 1320. So revalue we see quite often. RI is a reinstatement. If we remove the sanctions and the currency is reinstated that rate would be $3.22...
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11-8-2023 Intel Guru MarkZ [via PDK] I’m told to expect it Friday – if not before…with an announcement coming out of Iraq. We’ll see. Just stay calm. IMO if they are telling us an exact date- It’s probably not accurate. It could be before or after…but they are going to cloud the timing.
11-8-2023 Intel Guru Frank26 [Community Member Bank Story] I believe banking experiences are driven by the individual location and especially the training level of the bankers. I mentioned my investment to a baker at Chase yesterday, and she immediately dug out a "Private Client" business card, different than the one on her desk. She said "When that happens, call me."
11-8-2023 Intel Guru Bruce [via WiserNow] ...you know this, this is ready to go and you know, I told you guys I wouldn't call it but this is probably as close as I've ever been...there's the only thing we were waiting for today right now is the okay by the military. To give to the Treasury they would have the green light to give to the redemption centers and banks...I'm excited about where we are...I think everything is set
11-8-2023 Newshound Guru Kaperoni ...The Iraqi dinar being equal to the US dollar. I assure you if they change it to that, it will be a redenomination LOP. Which is a neutral event. Not what we want. There is no way for Iraq to afford such an event with over 90 trillion dinar in circulation.
11-8-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] These banks that Aki is representing the CBI with, they were exchange centers... but they were converted into banks recently last year. The reason why is because they know a change to the Iraqi dinar exchange rate is coming...
11-8-2023 Newshound Guru Militia Man The ascension to the World Trade Organization is a key component but they need a value to be able to do that for pricing all the components that are going to come through in and out of the country...That is massive. We're staring at that right now.
11-8-2023 Intel Guru MarkZ [via PDK] I know a number of group leaders have been traveling for this thing…but, they are not giving me any specifics. They have been cracked down on what they can say and NDA’s. They have been leaned on hard to not leak the timing of this event. To me this means timing is “sooner” rather than “later”.
11-8-2023 Newshound Guru Samson Article: "An American official from Erbil: Passing the oil and gas law is a priority for Washington"
11-8-23 Newshound Guru Pimpy One year report card...Al-Sudani and his cabinet...Given all the circumstances I would give Sudani definitely a B- . To be honest I thought it was going to be a lot worse than this. But like I said once the budget is passed we're going to start to see people's true colors. The second year is going to tell us a whole lot about Al-Sudani. Just when you think you got the right guy in there who seems to be getting everybody on the right path we have another election coming up again. That's going to tell us everything we need to know...
11-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Oil and Gas law by the 9th...or have to wait...Without the Oil and Gas no rate until 2024. FRANK: You say, without the HCL you will not have an exchange rate until January 1st? I can agree with you to a certain point...IMO Between now and January 1 you will see what you want...They already gave you a clue - The dollar will stop on January 1st...
11-8-2023 Intel Guru MarkZ “The central bank of Iraq have decided to resume the sale of gold bars and coins starting from Wednesday Nov. 8th”. ...they will be selling to private banks and the government. This is big imo…and shows more de-dollarization. And shows a similar pattern to Zimbabwe…going back to gold to support the value of their currencies.
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11-7-2023 Newshound Guru Militia Man Article quote: "The government has achieved a lot in his first year." I don't disagree with that. I think the man's been off and running like no other inside the country and globally...He was at the UN assembly meeting. He went to Europe. He's been to Switzerland...China... Russia. He's been doing a lot of things in his first year...
11-7-2033 Newshound Guru Pimpy I believe they're going to go up in increments as the dinar gets stronger especially next year when they're using solely the Iraqi dinar. That's going to strengthen the dinar but there's always things that could change the way the dinar goes up in value. Removing the sanctions would be huge...
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11-7-2023 Intel Guru Frank26 This year IMO is a fact...that's 57 days until the year is over with. In that 57 days we believe we will see our blessing.
11-7-2023 Intel Guru MarkZ Question: Mark do you think the RV is waiting until January? MarkZ: I don’t think so. So much is happening now…and all at once...Most of my sources believe things are moving at a wonderful pace this week.
11-7-2023 Guru Nader From The Mid East Things are moving fast. We're moving pretty good. The economy is getting pretty good. Believe me it's gonna be very very good. The private sector is solid and it's getting stronger. You're almost there...Like I tell you always, keep your head on your shoulder...
11-7-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] Aki's boss who has a bank inside of Iraqi ordered Aki last week to stay at [Aki's bank in the southern part of the state where the bank is located]. The reason why is because there is a change to the exchange rate of the Iraqi dinar [coming].
11-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television says the parliament session will end on the 9th of this month and parliament is telling us that there are no more scheduled sessions this year nor are there any emergency sessions. That means the HCL law didn't make it again. They've been telling us it was going to come. That they were going to vote on it on this session. They're saying no more sessions until next year. It's a little disappointing... FRANK: I don't care what parliament says and neither should you...Sudani and Barzani have your HCL. All that is needed is for the new exchange rate to come out in order to activate it... Sudani can call a session on his own.
11-7-2023 Newshound/Intel Guru Mnt Goat The Parliamentary Finance Committee renewed its support for the Central Bank’s measures to control the exchange rate. This tells us they are still onboard and working with the CBI towards their common goal or the eventual reinstatement on FOREX.
11-7-2023 Newshound Guru Militia Man Article: "Preventing the withdrawal of the dollars in Erbil via the ATMs"...They're closing up shop...They're prohibiting withdrawals of the dollar via ATM machines...the process is happening. Quote: "The elimination of the parallel markets and parallel exchange rate in the end of the state of the dollarization and trends towards an automatic increase in the value of the dinar." ...I believe...[when] the parallel market goes away within moments, an international acceptable exchange rate...
11-7-2023 Newshound Guru Pimpy Article: "The Baghdad dollar jumps to 168 after intense speculation on the stock exchanges" So the exchange rate of the US dollar soared. In other words that's the wrong direction. Quote: "the selling price reached 1680 for every dollar." What does this mean? They need to change the exchange rate...At least go back to the original rate of 1190 dinar...
11-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The black market dollar rate is at 1680 now continuing to rise... FRANK: Of course the black market rate is continuing to rise because it's constantly being suffocated by Sudani and Alaq with the monetary reform process.
11-7-2023 Intel Guru MarkZ Not a lot of RV news but, the overwhelming consensus is that they did their best to pull the trigger over Friday and Saturday. Their backup plan was Monday night or Tuesday....They feel very confident they will get this thing wrapped in the near future. There is a whole heck of a lot of expectations for the next 2 days.
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11-7-2033 Newshound Guru Pimpy I believe they're going to go up in increments as the dinar gets stronger especially next year when they're using solely the Iraqi dinar. That's going to strengthen the dinar but there's always things that could change the way the dinar goes up in value. Removing the sanctions would be huge...
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11-7-2023 Intel Guru Frank26 This year IMO is a fact...that's 57 days until the year is over with. In that 57 days we believe we will see our blessing.
11-7-2023 Intel Guru MarkZ Question: Mark do you think the RV is waiting until January? MarkZ: I don’t think so. So much is happening now…and all at once...Most of my sources believe things are moving at a wonderful pace this week.
11-7-2023 Guru Nader From The Mid East Things are moving fast. We're moving pretty good. The economy is getting pretty good. Believe me it's gonna be very very good. The private sector is solid and it's getting stronger. You're almost there...Like I tell you always, keep your head on your shoulder...
11-7-2023 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] Aki's boss who has a bank inside of Iraqi ordered Aki last week to stay at [Aki's bank in the southern part of the state where the bank is located]. The reason why is because there is a change to the exchange rate of the Iraqi dinar [coming].
11-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television says the parliament session will end on the 9th of this month and parliament is telling us that there are no more scheduled sessions this year nor are there any emergency sessions. That means the HCL law didn't make it again. They've been telling us it was going to come. That they were going to vote on it on this session. They're saying no more sessions until next year. It's a little disappointing... FRANK: I don't care what parliament says and neither should you...Sudani and Barzani have your HCL. All that is needed is for the new exchange rate to come out in order to activate it... Sudani can call a session on his own.
11-7-2023 Newshound/Intel Guru Mnt Goat The Parliamentary Finance Committee renewed its support for the Central Bank’s measures to control the exchange rate. This tells us they are still onboard and working with the CBI towards their common goal or the eventual reinstatement on FOREX.
11-7-2023 Newshound Guru Militia Man Article: "Preventing the withdrawal of the dollars in Erbil via the ATMs"...They're closing up shop...They're prohibiting withdrawals of the dollar via ATM machines...the process is happening. Quote: "The elimination of the parallel markets and parallel exchange rate in the end of the state of the dollarization and trends towards an automatic increase in the value of the dinar." ...I believe...[when] the parallel market goes away within moments, an international acceptable exchange rate...
11-7-2023 Newshound Guru Pimpy Article: "The Baghdad dollar jumps to 168 after intense speculation on the stock exchanges" So the exchange rate of the US dollar soared. In other words that's the wrong direction. Quote: "the selling price reached 1680 for every dollar." What does this mean? They need to change the exchange rate...At least go back to the original rate of 1190 dinar...
11-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The black market dollar rate is at 1680 now continuing to rise... FRANK: Of course the black market rate is continuing to rise because it's constantly being suffocated by Sudani and Alaq with the monetary reform process.
11-7-2023 Intel Guru MarkZ Not a lot of RV news but, the overwhelming consensus is that they did their best to pull the trigger over Friday and Saturday. Their backup plan was Monday night or Tuesday....They feel very confident they will get this thing wrapped in the near future. There is a whole heck of a lot of expectations for the next 2 days.
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11-6-2023 Newshound Guru Pimpy You always hear these people saying you have to have humanitarian projects and I keep saying no you don't have to have humanitarian projects in order for you to exchange your currency. People misunderstand what I'm saying. I'm not saying don't have a humanitarian project, I'm saying it's not necessary...
11-6-2023 Newshound Guru Sandy Ingram Iraqi dinar IQD - we do not know when the IQD will revalue or increase in value against the US dollar however out of each of the [low value] currencies [Vietnam dong, Indonesia IDR, Filipino PHP, Egyptian EGP, Turkish TRY, Zimbabwe] Iraq has the most natural resources and the greatest positioning for global financial growth.
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11-6-2023 Intel Guru Frank26 Question: "Do you think Iraq will eclipse the UAE?" Yeah I do. I think they'll eclipse all middle eastern currencies because all Middle Eastern currencies will be inside of Iraq. It's the only country that can say that.
11-6-2023 Newshound Guru Militia Man The Mineral Petrochemical and Fertilizer Investment Conference which was held in May 2023 - natural resources, oil, gas...fertilizers, refined sulfur...Starting to get that picture now where the money is going to come from to support...them being able to support an exchange rate that's going to be an international one? I think we can start to see it's coming to fruition.
11-6-2023 Newshound Guru Pimpy The only reason why people are picking up dollars on the black market...is you can get a lot more Iraqi dinars than you could at the official exchange rate at the Central Bank of Iraq. So if you're trying to make ends meet and you happen to get your hand on dollars because you got relatives over there in the United States making good money and they're sending some money back to you well of course you want your dinars to stretch. You're going to get more dinars for your dollar...Iraq needs to increase their exchange rate so the desire to want to get rid of your dinars decreases and people start using the dinars and not needing a dollar so much...
11-6-2023 Newshound Guru Kaperoni The dinar cannot go up in value until Iraq diversifies and creates significant economic growth. The current conditions in Iraq will continue to keep the dinar weak...Until they pass laws...there will be no change. We have a window now over the next three years...
11-6-2023 Intel Guru MarkZ [via PDK] Seems that things appear to be heating up…so many rumors.
11-6-2023 Guru Nader From The Mid East Purchasing power...when you buy for $100 over here [U.S.], over there [In Iraq] cost you $200. If it [dinar rate] goes to 1 to 1 if you buy it in America for $100, we'll buy over here for $100 too.
11-6-2023 Newshound Guru Pimpy It's definitely going to revalue. They're under sanctions, as soon as the sanctions are lifted and Iraq can get their crap together then definitely it'll be done...If they remove the sanctions I'm curious to see if they're going to go up in increment or are they going to just reinstate the $3.22 rate. That's always a possibility...
11-6-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: WE RENEW OUR SUPPORT FOR THE CENTRAL BANK’S MEASURES TO CONTROL THE EXCHANGE RATE" Article quote: "Al-Atwani denied “the news circulating that there is a tendency to dismiss the governor of the Central Bank." Nice to see that it was just more rumors...He is an intelligent, patriotic and most important wants the RV as much as we do.
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11-6-2023 Newshound Guru Sandy Ingram Iraqi dinar IQD - we do not know when the IQD will revalue or increase in value against the US dollar however out of each of the [low value] currencies [Vietnam dong, Indonesia IDR, Filipino PHP, Egyptian EGP, Turkish TRY, Zimbabwe] Iraq has the most natural resources and the greatest positioning for global financial growth.
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11-6-2023 Intel Guru Frank26 Question: "Do you think Iraq will eclipse the UAE?" Yeah I do. I think they'll eclipse all middle eastern currencies because all Middle Eastern currencies will be inside of Iraq. It's the only country that can say that.
11-6-2023 Newshound Guru Militia Man The Mineral Petrochemical and Fertilizer Investment Conference which was held in May 2023 - natural resources, oil, gas...fertilizers, refined sulfur...Starting to get that picture now where the money is going to come from to support...them being able to support an exchange rate that's going to be an international one? I think we can start to see it's coming to fruition.
11-6-2023 Newshound Guru Pimpy The only reason why people are picking up dollars on the black market...is you can get a lot more Iraqi dinars than you could at the official exchange rate at the Central Bank of Iraq. So if you're trying to make ends meet and you happen to get your hand on dollars because you got relatives over there in the United States making good money and they're sending some money back to you well of course you want your dinars to stretch. You're going to get more dinars for your dollar...Iraq needs to increase their exchange rate so the desire to want to get rid of your dinars decreases and people start using the dinars and not needing a dollar so much...
11-6-2023 Newshound Guru Kaperoni The dinar cannot go up in value until Iraq diversifies and creates significant economic growth. The current conditions in Iraq will continue to keep the dinar weak...Until they pass laws...there will be no change. We have a window now over the next three years...
11-6-2023 Intel Guru MarkZ [via PDK] Seems that things appear to be heating up…so many rumors.
11-6-2023 Guru Nader From The Mid East Purchasing power...when you buy for $100 over here [U.S.], over there [In Iraq] cost you $200. If it [dinar rate] goes to 1 to 1 if you buy it in America for $100, we'll buy over here for $100 too.
11-6-2023 Newshound Guru Pimpy It's definitely going to revalue. They're under sanctions, as soon as the sanctions are lifted and Iraq can get their crap together then definitely it'll be done...If they remove the sanctions I'm curious to see if they're going to go up in increment or are they going to just reinstate the $3.22 rate. That's always a possibility...
11-6-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: WE RENEW OUR SUPPORT FOR THE CENTRAL BANK’S MEASURES TO CONTROL THE EXCHANGE RATE" Article quote: "Al-Atwani denied “the news circulating that there is a tendency to dismiss the governor of the Central Bank." Nice to see that it was just more rumors...He is an intelligent, patriotic and most important wants the RV as much as we do.
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11-5-2023 Newshound Guru Militia Man I don't think [Iraq] is
going to have a deficit ever again. I think they're going to move
beyond that by far with all the income streams they got coming online.
And once they change the value of their currency they won't be tapping
into their dollar reserves anymore. Those reserves are just going to
grow and they're going to grow big. Not to mention the money they've
been clawing back over the last year or so...They were estimating $450
billion that's going to be clawed back. Iraq is not going to be a
poor country. It's going to be filthy rich...
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11-5-2023 Newshound Guru Pimpy Released from their sanctions
that's what we're really waiting for. So even if we woke up in the
morning and you found out the Iraqi dinar had been reinstated to
$3.22, Hallelujah, We're rich right?!? Jumping around celebrating.
But where are you going to redeem your dinar at if they are still
under sanctions? Your options are going to be very limited here in
the United States. Chase Bank still deals with the Iraqi dinars but
not a lot of other companies or banks do just because of the
sanctions...Will they be released from their sanctions before the
revaluation or if they do an RI will they be released from their
sanctions?
11-5-2023 Intel Guru Frank26 Remember, Sudani told the citizens
in a week I will announce and introduce a new banking service that
will decline the USD. That equals to an increase in the Iraqi
dinar. He said it.
11-5-2023 Intel Guru RayRen98 IRAQIS CALLED OVER EXTREMELY EARLY IN THE AM, THEY ARE EXCITED ABOUT THE LOWER DENOMS. ....STAY TUNED.
11-5-2023 Newshound Guru Walkingstick The RD is inches away from entering what's called the RI. The RI of Iraq's currency is what will happen after this RD phase. Once you see...they have the redenomination in their hands, then the RI of their currency coupled with an RV of their new exchange rate value...will kick in. What it boils down to is it will start an international float using an international currency basket... [Post 2 of 2]
11-5-2023 Newshound/Intel Guru Walkingstick Our Federal Reserve is pushing the monetary reform of the Iraqi dinar for the new exchange rate...This MR (monetary reform) first started out with an RV (revaluation). In other words they did all the calculations on all the numbers of everything that they had in their reserves...banks...bank accounts, at the CBI...assets in the ground...The RV has led the MR to the phase they're in right now which is called an RD (redenomination of their currency) - The new currency to replace the 3-zero notes. [Post 1 of 2....stay tuned]
11-5-2023 Newshound Guru Militia Man The citizens have known for a long period of time that Iraq has the project to delete the zeros from the exchange rate and they don't want to give up their dinar...because they're going to have purchasing power and they're going to make a lot of money from that.
11-5-2023 Newshound Guru Clare Article: "An economic expert told Nina: Preventing the withdrawal of dollars in Erbil via ATM, i.e., an automated teller machine, is a health measure” Quote: "He stressed that this measure will contribute to the elimination of parallel markets and parallel exchange rates, the end of the state of dollarization, and the trend towards an automatic increase in the value of the Iraqi dinar."
11-5-2023 Newshound Guru Pimpy Looks like Al-Sudani is taking a stance letting the world know Iraq is trying to avoid getting involved in this little scuffle that going on in the Middle East. He's make it perfectly clear Iraq's already been through a lot and although they support their brothers over there in Palestine they are not going to get in the middle of this and they are not going to cause a ruckus with the United States...
11-5-2023 Newshound/Intel Guru Mnt Goat ...We can see many events in-line with January 2024. I want to bring you up to date on my latest conversation with my CBI contact... It was told to me that the re-education campaign is still going forward but not yet rolled out as of yet. There is talk in the CBI it may be postponed due to the Gaza strip conflict, but no action or direction has been given to signify this as of yet...
11–5-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. People are hungry for this solution. FREE On-Demand Web Class shows you how. Click here to learn more >>
going to have a deficit ever again. I think they're going to move
beyond that by far with all the income streams they got coming online.
And once they change the value of their currency they won't be tapping
into their dollar reserves anymore. Those reserves are just going to
grow and they're going to grow big. Not to mention the money they've
been clawing back over the last year or so...They were estimating $450
billion that's going to be clawed back. Iraq is not going to be a
poor country. It's going to be filthy rich...
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11-5-2023 Newshound Guru Pimpy Released from their sanctions
that's what we're really waiting for. So even if we woke up in the
morning and you found out the Iraqi dinar had been reinstated to
$3.22, Hallelujah, We're rich right?!? Jumping around celebrating.
But where are you going to redeem your dinar at if they are still
under sanctions? Your options are going to be very limited here in
the United States. Chase Bank still deals with the Iraqi dinars but
not a lot of other companies or banks do just because of the
sanctions...Will they be released from their sanctions before the
revaluation or if they do an RI will they be released from their
sanctions?
11-5-2023 Intel Guru Frank26 Remember, Sudani told the citizens
in a week I will announce and introduce a new banking service that
will decline the USD. That equals to an increase in the Iraqi
dinar. He said it.
11-5-2023 Intel Guru RayRen98 IRAQIS CALLED OVER EXTREMELY EARLY IN THE AM, THEY ARE EXCITED ABOUT THE LOWER DENOMS. ....STAY TUNED.
11-5-2023 Newshound Guru Walkingstick The RD is inches away from entering what's called the RI. The RI of Iraq's currency is what will happen after this RD phase. Once you see...they have the redenomination in their hands, then the RI of their currency coupled with an RV of their new exchange rate value...will kick in. What it boils down to is it will start an international float using an international currency basket... [Post 2 of 2]
11-5-2023 Newshound/Intel Guru Walkingstick Our Federal Reserve is pushing the monetary reform of the Iraqi dinar for the new exchange rate...This MR (monetary reform) first started out with an RV (revaluation). In other words they did all the calculations on all the numbers of everything that they had in their reserves...banks...bank accounts, at the CBI...assets in the ground...The RV has led the MR to the phase they're in right now which is called an RD (redenomination of their currency) - The new currency to replace the 3-zero notes. [Post 1 of 2....stay tuned]
11-5-2023 Newshound Guru Militia Man The citizens have known for a long period of time that Iraq has the project to delete the zeros from the exchange rate and they don't want to give up their dinar...because they're going to have purchasing power and they're going to make a lot of money from that.
11-5-2023 Newshound Guru Clare Article: "An economic expert told Nina: Preventing the withdrawal of dollars in Erbil via ATM, i.e., an automated teller machine, is a health measure” Quote: "He stressed that this measure will contribute to the elimination of parallel markets and parallel exchange rates, the end of the state of dollarization, and the trend towards an automatic increase in the value of the Iraqi dinar."
11-5-2023 Newshound Guru Pimpy Looks like Al-Sudani is taking a stance letting the world know Iraq is trying to avoid getting involved in this little scuffle that going on in the Middle East. He's make it perfectly clear Iraq's already been through a lot and although they support their brothers over there in Palestine they are not going to get in the middle of this and they are not going to cause a ruckus with the United States...
11-5-2023 Newshound/Intel Guru Mnt Goat ...We can see many events in-line with January 2024. I want to bring you up to date on my latest conversation with my CBI contact... It was told to me that the re-education campaign is still going forward but not yet rolled out as of yet. There is talk in the CBI it may be postponed due to the Gaza strip conflict, but no action or direction has been given to signify this as of yet...
11–5-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. People are hungry for this solution. FREE On-Demand Web Class shows you how. Click here to learn more >>
11-4-2023 Intel Guru Frank26 Question: "Are the new small category notes the next thing Iraq needs to move the reinstatement forward?" No, the exchange rate IMO. Although it would be nice to have them both come out together.
11-4-2023 Intel Guru RayRen98 SOME CURRENCY REGULATOR TYPES ARE "AGAIN" SHOWING UP EARLY TO WORK TONIGHT...WORKING THE NIGHT SHIFT, LOOKING FOR SOMETHING TO HAPPEN. TIME WILL TELL.
11-4-2023 Newshound Guru Militia Man Back at the U.N. assembly they talked about the fact that Iraq was going to be bringing confidence to banks like JP Morgan and they effectively fix the financial system of the world. Iraq is going to be one of those countries that's going to help do that and I'm looking forward to it and I hope you guys are too...
11–4-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. People are hungry for this solution. FREE On-Demand Web Class shows you how. Click here to learn more >>
11-4-2023 Newshound Guru Pimpy I still think they're going to go in increments but that doesn't mean you won't wake up one day and all of a sudden you find out the damn exchange rate's been reinstated...
11-4-2023 Newshound Guru Sandy Ingram Just because the value increases against the US dollar does not mean the currency will be on the Forex market and just because the Iraqi currency increases in value also does not mean we as investors will have access to the currency.
11-4-2023 Newshound Guru Samson Article: "The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers"
11-4-2023 Intel Guru MarkZ [via PDK] Chatter continues to be great and we will see if anything happens over this weekend. We have a lot of group leaders that seem to think this is it.
11-4-2023 Intel Guru Frank26 [Community Member Bank Story] I was in Philadelphia, I went to Chase to deposit money and decided to ask if they exchange foreign currency, the branch manager immediately had me talk to a private banker who set up an appointment for me and my husband to speak to a private banker in wealth management... we went yesterday we’re treated so nicely! We were told they currently exchange Dong along with other currencies we hold. She knew all about the IQD and we were told once it’s on OFX - FOREX and the rate changes to call and they will have everything set up for us to come in and exchange. A truly wonderful experience. The bank is in PA.
11-4-2023 Newshound Guru Militia Man Things are happening on the banking side... Article Quote: "Visa Direct tool...simple transfers for the citizens. The tool facilitates the demand for foreign currencies." Not just the dinar, Not just the dollar...They're talking about 160 currencies. That's what they said. It's not my words...That's a lot. That's phenomenal. That means what? Iraq is going international with up to 160 currencies...
11-4-2023 Newshound/Intel Guru Mnt Goat ...in the news is yet more de-dollarization efforts as they convert the remaining of the border crossing stations all to “all dinars” only for custom fees. The Parliamentary Finance Committee renewed on Tuesday, its support for the Central Bank’s measures to control the exchange rate and address any obstacles...we learned that the new government of Al-Sudani made promises in his administrations curriculum to bring back the dinar stronger than the dollar. Is this why he has openly in public stated the dinar is already stronger than the dollar? Well then…where is it? As investors we wait for it.
11-4-2023 Newshound Guru Pimpy Things are still looking really good for Iraq. They still manage to be keeping their nose out of what's going on over there in the Middle East even though it starting to escalate...
11-4-2023 Intel Guru MarkZ [via PDK] Here is another one that is putting pressure on this “re-valuation” "Amid war on Gaza – Egypt see highest exchange rate on US dollar in black market” So in the middle east the dollar is gaining and will cause regional issues and inflation. They are painting themselves in a corner without a reset. They need rate changes.
11–4-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. People are hungry for this solution. FREE On-Demand Web Class shows you how. Click here to learn more >>
11-4-2023 Intel Guru RayRen98 SOME CURRENCY REGULATOR TYPES ARE "AGAIN" SHOWING UP EARLY TO WORK TONIGHT...WORKING THE NIGHT SHIFT, LOOKING FOR SOMETHING TO HAPPEN. TIME WILL TELL.
11-4-2023 Newshound Guru Militia Man Back at the U.N. assembly they talked about the fact that Iraq was going to be bringing confidence to banks like JP Morgan and they effectively fix the financial system of the world. Iraq is going to be one of those countries that's going to help do that and I'm looking forward to it and I hope you guys are too...
11–4-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. People are hungry for this solution. FREE On-Demand Web Class shows you how. Click here to learn more >>
11-4-2023 Newshound Guru Pimpy I still think they're going to go in increments but that doesn't mean you won't wake up one day and all of a sudden you find out the damn exchange rate's been reinstated...
11-4-2023 Newshound Guru Sandy Ingram Just because the value increases against the US dollar does not mean the currency will be on the Forex market and just because the Iraqi currency increases in value also does not mean we as investors will have access to the currency.
11-4-2023 Newshound Guru Samson Article: "The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers"
11-4-2023 Intel Guru MarkZ [via PDK] Chatter continues to be great and we will see if anything happens over this weekend. We have a lot of group leaders that seem to think this is it.
11-4-2023 Intel Guru Frank26 [Community Member Bank Story] I was in Philadelphia, I went to Chase to deposit money and decided to ask if they exchange foreign currency, the branch manager immediately had me talk to a private banker who set up an appointment for me and my husband to speak to a private banker in wealth management... we went yesterday we’re treated so nicely! We were told they currently exchange Dong along with other currencies we hold. She knew all about the IQD and we were told once it’s on OFX - FOREX and the rate changes to call and they will have everything set up for us to come in and exchange. A truly wonderful experience. The bank is in PA.
11-4-2023 Newshound Guru Militia Man Things are happening on the banking side... Article Quote: "Visa Direct tool...simple transfers for the citizens. The tool facilitates the demand for foreign currencies." Not just the dinar, Not just the dollar...They're talking about 160 currencies. That's what they said. It's not my words...That's a lot. That's phenomenal. That means what? Iraq is going international with up to 160 currencies...
11-4-2023 Newshound/Intel Guru Mnt Goat ...in the news is yet more de-dollarization efforts as they convert the remaining of the border crossing stations all to “all dinars” only for custom fees. The Parliamentary Finance Committee renewed on Tuesday, its support for the Central Bank’s measures to control the exchange rate and address any obstacles...we learned that the new government of Al-Sudani made promises in his administrations curriculum to bring back the dinar stronger than the dollar. Is this why he has openly in public stated the dinar is already stronger than the dollar? Well then…where is it? As investors we wait for it.
11-4-2023 Newshound Guru Pimpy Things are still looking really good for Iraq. They still manage to be keeping their nose out of what's going on over there in the Middle East even though it starting to escalate...
11-4-2023 Intel Guru MarkZ [via PDK] Here is another one that is putting pressure on this “re-valuation” "Amid war on Gaza – Egypt see highest exchange rate on US dollar in black market” So in the middle east the dollar is gaining and will cause regional issues and inflation. They are painting themselves in a corner without a reset. They need rate changes.
11–4-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. People are hungry for this solution. FREE On-Demand Web Class shows you how. Click here to learn more >>
11-3-2023 Newshound Guru Militia Man There's a little bit of turmoil going on with Kuwait...when it comes to demarcations ...Maritime borders are sovereign right too but the most important one is the 'unspoken Chapter VII'. I believe the unspoken one is because of their currency exchange rate...Chapter VII has to do with the UN and until they are released and allowed to go Article VIII compliant with the IMF...ascend to the World Trade Organization...be able to have a valuation for their oil and gas law...That's what's in play right now...They are going to need an internationally accepted exchange rate...
11-3-2023 Intel Guru Bruce [via WiserNow] ...Iraq did not put the rate in the printed Gazette [Wednesday] and our Iraqi sources are looking forward to quite possibly this Saturday... So let's see if Saturday happens...
11-3-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-3-2023 Newshound Guru Pimpy I still think the Iraqi dinar is going to go up in increments. I'm anticipating them to do at least one increase before the end of the year. It looks like they don't have any choice and I'm curious to see what they're going to do...
11-3-2023 Intel Guru Frank26 Sudani is arresting people left and right every day. It's like clearing the runway so that the new exchange rate will land safely...They are trying to drive corruption out of business and they're doing a good job.
11-3-2023 Newshound Guru Militia Man Article quote: "Visa Direct...where money transfer services are aimed at transformation global money movements between Iraq and the rest of the world." That's talking about what we expect - an international exchange rate to facilitate international trade. Without an international acceptable currency it's not going to happen in my view.
11-3-2023 Newshound Guru Samson Article: "Iraq launches Visa Direct service to combat corruption, illicit funding" Article: "It will securely accept faster and easier money transfers electronically. The Central Bank officially launches the "Visa Direct" service"
11-3-2023 Intel Guru Bruce [via WiserNow] ...we got some intel today...and it comes from a very strong source...a military source and the information was...our notifications will come out between after five o'clock Friday [today]...when the markets are closed and the banks are just about closed...to Tuesday, mid morning.
11-3-2023 Intel Guru MarkZ [via PDK] Pretty quiet in Iraq as of this morning... A number of group leaders that have been in place since last week think this is it. ...Bankers are really stoked and excited for this weekend.
11-3-2023 Guru Nader From The Mid East I heard a debate the other day...If Iraqi citizens care about the exchange rate or not. Here it is. The regular people like you and me they don't pay attention to it because for them it's the same thing...But exchange companies, governments, offices...big things like that cares about the exchange rate because it's a lot easier to deal in small amounts...So regular people don't care about it...Me I care about it a lot. Why? Because it will make easier for me to pay people and get paid from people.
11-3-2023 Newshound Guru Pimpy There's so many things happening...We got elections coming up here soon. Al-Sudani has been taking many good steps to warrant an opportunity to be the Prime Minister once again but if he doesn't control that currency it'll destabilize the economy as well as the currency itself and this is not going to go over very well with the people of Iraq. If he increases the value of the Iraqi dinar that gives the people of Iraq a little bit more purchasing power at the same time stabilizing the currency and hopefully closing the gap between the fixed exchange rate versus the parallel rate.
11-3-2023 Intel Guru MarkZ [via PDK] My gut is still screaming that sometimes in the next few days or week we will be across the finish line…my analytical mind looking at documents, governments and articles say we will have it by Jan 1st.
11-3-2023 Newshound/Intel Guru Mnt Goat Articles: "NEARLY TEN BILLION DOLLARS IN IRAQI OIL REVENUES LAST MONTH"; "IRAQ IS AMONG THE LARGEST ARAB COUNTRIES IN GOLD RESERVES... INTERNATIONAL STATISTICS DURING 2023" Yes, and still the dinar is at 1/6 of a penny. How outrageous is this that they still continue to manipulate the dollar in Iraq. We will see what happens in January when the CBI has reported they plan to cut off all dollars for imports. The dollars will dry up. So get ready Iraq…
11-3-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-3-2023 Intel Guru Bruce [via WiserNow] ...Iraq did not put the rate in the printed Gazette [Wednesday] and our Iraqi sources are looking forward to quite possibly this Saturday... So let's see if Saturday happens...
11-3-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-3-2023 Newshound Guru Pimpy I still think the Iraqi dinar is going to go up in increments. I'm anticipating them to do at least one increase before the end of the year. It looks like they don't have any choice and I'm curious to see what they're going to do...
11-3-2023 Intel Guru Frank26 Sudani is arresting people left and right every day. It's like clearing the runway so that the new exchange rate will land safely...They are trying to drive corruption out of business and they're doing a good job.
11-3-2023 Newshound Guru Militia Man Article quote: "Visa Direct...where money transfer services are aimed at transformation global money movements between Iraq and the rest of the world." That's talking about what we expect - an international exchange rate to facilitate international trade. Without an international acceptable currency it's not going to happen in my view.
11-3-2023 Newshound Guru Samson Article: "Iraq launches Visa Direct service to combat corruption, illicit funding" Article: "It will securely accept faster and easier money transfers electronically. The Central Bank officially launches the "Visa Direct" service"
11-3-2023 Intel Guru Bruce [via WiserNow] ...we got some intel today...and it comes from a very strong source...a military source and the information was...our notifications will come out between after five o'clock Friday [today]...when the markets are closed and the banks are just about closed...to Tuesday, mid morning.
11-3-2023 Intel Guru MarkZ [via PDK] Pretty quiet in Iraq as of this morning... A number of group leaders that have been in place since last week think this is it. ...Bankers are really stoked and excited for this weekend.
11-3-2023 Guru Nader From The Mid East I heard a debate the other day...If Iraqi citizens care about the exchange rate or not. Here it is. The regular people like you and me they don't pay attention to it because for them it's the same thing...But exchange companies, governments, offices...big things like that cares about the exchange rate because it's a lot easier to deal in small amounts...So regular people don't care about it...Me I care about it a lot. Why? Because it will make easier for me to pay people and get paid from people.
11-3-2023 Newshound Guru Pimpy There's so many things happening...We got elections coming up here soon. Al-Sudani has been taking many good steps to warrant an opportunity to be the Prime Minister once again but if he doesn't control that currency it'll destabilize the economy as well as the currency itself and this is not going to go over very well with the people of Iraq. If he increases the value of the Iraqi dinar that gives the people of Iraq a little bit more purchasing power at the same time stabilizing the currency and hopefully closing the gap between the fixed exchange rate versus the parallel rate.
11-3-2023 Intel Guru MarkZ [via PDK] My gut is still screaming that sometimes in the next few days or week we will be across the finish line…my analytical mind looking at documents, governments and articles say we will have it by Jan 1st.
11-3-2023 Newshound/Intel Guru Mnt Goat Articles: "NEARLY TEN BILLION DOLLARS IN IRAQI OIL REVENUES LAST MONTH"; "IRAQ IS AMONG THE LARGEST ARAB COUNTRIES IN GOLD RESERVES... INTERNATIONAL STATISTICS DURING 2023" Yes, and still the dinar is at 1/6 of a penny. How outrageous is this that they still continue to manipulate the dollar in Iraq. We will see what happens in January when the CBI has reported they plan to cut off all dollars for imports. The dollars will dry up. So get ready Iraq…
11-3-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-2-2023 Intel Guru RayRen98 BANK STAFF RECEIVED "GET READY" MEMOS THIS MORNING, THEY'VE BEEN EXCITED ALL DAY!
11-2-2023 Newshound Guru Pimpy Two more months until the end of the year. Is Iraq going be able to tough it out with this currency exchange rate for two months? As long as the market doesn't get any more out of whack than it is, we'll see. IMO they should do something with the exchange rate a little bit to help this situation.
11-2-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-2-2023 Newshound Guru Militia Man Since the Ministerial Council of Economics got involved, which was in November of last year, the dynamics have completely changed. It isn't the blah, blah, blah, same ole story. Those that think that way really should know their investment and get involved because the time is coming to where change is about to happen...
11-2-2023 Intel Guru MarkZ [via PDK] I am hearing some very fun and interesting stuff that is telling me things are well underway, and we will see the manifestation of it very soon. I continue to get news from the middle east that things are already done and we are waiting for it to implement. Back in the days when Kuwait went –they kept it under wraps for about 10 days. I don’t know if they can hide it that long in today’s world. But they continue to tell me they expect notifications soon.
11-2-2023 Intel Guru Frank26 Article: "The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers" THE UST HELPING THE CBI TO REMOVE CORRUPTION IN THE MONETARY REFORM.
11-2-2023 Guru Nader From The Mid East You guys saw all this news coming out. This is getting exciting and excited more and more. It's amazing. I think things are happening...It's good what's happening. Now the big fight against the corrupted people...
11-2-2023 Newshound Guru Clare Article: "The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers" Quote: "The Finance Committee is in constant contact with the Central Bank of Iraq and other concerned parties regarding the problem of the fluctuation of dollar selling prices and supports all steps and measures that would restore stability to the exchange rate...with the aim of finding alternatives and solutions...in a way that preserves the strength of the Iraqi dinar and also preserves the strength of our cash reserves of hard currency.”
11-2-2023 Newshound Guru Pimpy Article: "As of the beginning of next month, Kurdistan will adopt the Iraqi dinar in crossings and airport transactions" This is what I was talking about - Steps towards straightening the Iraqi dinar...This is a major move. This is awesome. This is great for the Iraqi dinar. This helps strengthen the Iraqi dinar..
11-2-2023 Newshound/Intel Guru Mnt Goat My contact from the CBI has told me...that January 2024 is their target and is the best most opportune time to reinstate the dinar. In my last conversation with my contact I was told they were given the green light to begin the re-education criteria to teach the citizens about the newer lower denominations and how the conversion back to the lower denominations as they had before 2004 is going to take place...I am still being very hopeful for a January 2024 reinstatement...
11-2-2023 Newshound Guru Militia Man Article quote: "There are negotiations with the Iranian side to create a platform for new currencies other than the dollar to secure Inter-trade between the two countries. It's called Visa Direct. It's a new banking service launched by one of the most important digital banks in the country under the supervision of the Central Bank and in cooperation with Visa International...this will help in the collapse of the black market prices..." Kinda big right? International...That's their goal, get rid of the black market and I think the corrupt see their cash cow is about ready to go bye-bye.
11-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have big new report on television saying the Iraqi parliament is in full support of the CBI and its actions to control the exchange rate for the monetary reform. FRANK: The only reason parliament is saying you're now going to have your new exchange...your HCL...your budget...you're now going to have everything that was promised to you by Sudani and Alaq is because they lost full control of the corruption...
11-2-2023 Newshound Guru Pimpy In all fairness Iraq has managed to stay out of the crap that's going on over there despite calls by Sadr to get involved...
11-2-2023 Intel Guru yada A lot of events that they can't hide. The currency swaps with other countries, the activation of their banking using dinars only starting 11-1-23, the connection of the banks, ports, and government offices with their central bank, hence, all these activation before the rate change in country and next, internationally.
11-2-2023 Intel Guru MarkZ [via PDK] Comment: I heard Iraq is applying to the WTO today [11-1-23]. Presumably meeting over the next 3 days. MarkZ: They have already applied…they have already been approved for ascension…but, it hasn’t happened…so these 3 days of meetings are very important. Question: Don’t they have to change the rate before Iraq joins the WTO? MarkZ: That’s what everyone says. This is assumed by almost everybody that Iraq will need to change their rate before they join the World Trade Organization...
11-2-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-2-2023 Newshound Guru Pimpy Two more months until the end of the year. Is Iraq going be able to tough it out with this currency exchange rate for two months? As long as the market doesn't get any more out of whack than it is, we'll see. IMO they should do something with the exchange rate a little bit to help this situation.
11-2-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-2-2023 Newshound Guru Militia Man Since the Ministerial Council of Economics got involved, which was in November of last year, the dynamics have completely changed. It isn't the blah, blah, blah, same ole story. Those that think that way really should know their investment and get involved because the time is coming to where change is about to happen...
11-2-2023 Intel Guru MarkZ [via PDK] I am hearing some very fun and interesting stuff that is telling me things are well underway, and we will see the manifestation of it very soon. I continue to get news from the middle east that things are already done and we are waiting for it to implement. Back in the days when Kuwait went –they kept it under wraps for about 10 days. I don’t know if they can hide it that long in today’s world. But they continue to tell me they expect notifications soon.
11-2-2023 Intel Guru Frank26 Article: "The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers" THE UST HELPING THE CBI TO REMOVE CORRUPTION IN THE MONETARY REFORM.
11-2-2023 Guru Nader From The Mid East You guys saw all this news coming out. This is getting exciting and excited more and more. It's amazing. I think things are happening...It's good what's happening. Now the big fight against the corrupted people...
11-2-2023 Newshound Guru Clare Article: "The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers" Quote: "The Finance Committee is in constant contact with the Central Bank of Iraq and other concerned parties regarding the problem of the fluctuation of dollar selling prices and supports all steps and measures that would restore stability to the exchange rate...with the aim of finding alternatives and solutions...in a way that preserves the strength of the Iraqi dinar and also preserves the strength of our cash reserves of hard currency.”
11-2-2023 Newshound Guru Pimpy Article: "As of the beginning of next month, Kurdistan will adopt the Iraqi dinar in crossings and airport transactions" This is what I was talking about - Steps towards straightening the Iraqi dinar...This is a major move. This is awesome. This is great for the Iraqi dinar. This helps strengthen the Iraqi dinar..
11-2-2023 Newshound/Intel Guru Mnt Goat My contact from the CBI has told me...that January 2024 is their target and is the best most opportune time to reinstate the dinar. In my last conversation with my contact I was told they were given the green light to begin the re-education criteria to teach the citizens about the newer lower denominations and how the conversion back to the lower denominations as they had before 2004 is going to take place...I am still being very hopeful for a January 2024 reinstatement...
11-2-2023 Newshound Guru Militia Man Article quote: "There are negotiations with the Iranian side to create a platform for new currencies other than the dollar to secure Inter-trade between the two countries. It's called Visa Direct. It's a new banking service launched by one of the most important digital banks in the country under the supervision of the Central Bank and in cooperation with Visa International...this will help in the collapse of the black market prices..." Kinda big right? International...That's their goal, get rid of the black market and I think the corrupt see their cash cow is about ready to go bye-bye.
11-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have big new report on television saying the Iraqi parliament is in full support of the CBI and its actions to control the exchange rate for the monetary reform. FRANK: The only reason parliament is saying you're now going to have your new exchange...your HCL...your budget...you're now going to have everything that was promised to you by Sudani and Alaq is because they lost full control of the corruption...
11-2-2023 Newshound Guru Pimpy In all fairness Iraq has managed to stay out of the crap that's going on over there despite calls by Sadr to get involved...
11-2-2023 Intel Guru yada A lot of events that they can't hide. The currency swaps with other countries, the activation of their banking using dinars only starting 11-1-23, the connection of the banks, ports, and government offices with their central bank, hence, all these activation before the rate change in country and next, internationally.
11-2-2023 Intel Guru MarkZ [via PDK] Comment: I heard Iraq is applying to the WTO today [11-1-23]. Presumably meeting over the next 3 days. MarkZ: They have already applied…they have already been approved for ascension…but, it hasn’t happened…so these 3 days of meetings are very important. Question: Don’t they have to change the rate before Iraq joins the WTO? MarkZ: That’s what everyone says. This is assumed by almost everybody that Iraq will need to change their rate before they join the World Trade Organization...
11-2-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-1-2023 Newshound Guru Militia Man If they do in fact get the oil and gas law done they're going to need an evaluation for that. They're going to need to know what to pay the wealth of the citizens a fair distribution.
11-1-2023 Intel Guru MarkZ [via PDK] I finally got some chatter from Iraqi contacts today and they did say that things went very well over the weekend (WTO meetings?) and they expect an announcement in the coming days. I got this from a number of sources- both internationally and domestic.
11-1-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-1-2023 Intel Guru Frank26 Article: "New statement from Oil on the draft oil and gas law" REMEMBER... IMO...THE NANO SECOND YOU SEE THE HCL, SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE OF THE IQD.
11-1-2023 Newshound Guru Kaperoni Despite efforts from the CBI to reduce the spread of the market street rate in Iraq, it still remains almost 18% higher... than the official rate from the CBI at 1310. Not good!
11-1-2023 Intel Guru Bruce [via WiserNow] I would say, based on what we're hearing, the fact that the Intel is sort of drying up a little bit, the good and a bad sign, it's a good sign for us in that - It shows how close everything is it shows how the proximity is ready to go.
11-1-2023 Newshound/Intel Guru Walkingstick Question: "It seems to me the United Staes Treasury wants a new exchange rate for the dinar. Do you think they want the exchange rate not so much to benefit Iraq but for all the Iraqi dinars that we have in our Federal reserves?" Yes...And the new exchange rate they agreed upon through the RV they gave it to the US Treasury when they went over there last week. That's why they're all excited. They know it's about to happen...Our Feds are pushing for its release to happen now because they got what they wanted...
11-1-2023 Newshound Guru Samson Article: "The Ministry of Oil confirms that the government is continuing to pass the oil and gas law"
11-1-2023 Intel Guru MarkZ [via PDK] I have not heard from Iraqi sources in the sandbox yet today…. I know they had high anticipation for the 1st...Comment: I think it will happen in January. MarkZ: I feel it will be much sooner…so much happening...now and all at one time.
11-1-2023 Newshound Guru Pimpy Now Al-Sudani is coming over here to the White House to speak to Biden....I'm curious to see if the Biden Administration is going to do anything to help Iraq in their situation. He could help flood their country with US dollars and the dollar would lose value and the Iraqi dinar would gain value. Or they could just turn around and increase the exchange rate. [Post 2 of 2]
11-1-2023 Newshound Guru Pimpy As I watch the markets and read more and more about what's going on in Iraq it's really starting to look inevitable that Iraq has to do something with the exchange rate. This gap between the parallel market and the fixed market is starting to get really out of control. We know Al-Sudani made an announcement that he was going to take some steps to close this gap. [Post 1 of 2....stay tuned]
11-1-2023 Newshound Guru Militia Man Article quote: "There are no sanctions imposed on Iraq by the US Treasury but sometimes there is a tightening of standards..." They say it twice today in different articles that there are no sanctions imposed on Iraq. If that's the case and the US Treasury gives the green light then, wow, we really have nothing holding us back...
11-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is on the news today warning people not to deal with unlicensed companies. FRANK: If you're not dealing with unlicensed businesses then those companies are going to go out of business...And fines are going to drive them out of business. There's no more problems with banks that are using the American dollars in Iraq. They are being eradicated.
11-1-2023 Newshound/Intel Guru Mnt Goat I...want to make it VERY, VERY clear to everyone that the IQD is NOT yet reinstated on FOREX...“NOT YET TRADING ON FOREX”. Yes, if you go to FOREX there is a benchmark rate for the IQD but it is a linked rate only, linked back to the CBI. It is a page holder. Yes, this is still a very good thing and I don’t want to down play it either...The IQD rate is there...only in preparation for the future. But there is not yet any trading ability to buy or sell.
11-1-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover The 3 Steps To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-1-2023 Intel Guru MarkZ [via PDK] I finally got some chatter from Iraqi contacts today and they did say that things went very well over the weekend (WTO meetings?) and they expect an announcement in the coming days. I got this from a number of sources- both internationally and domestic.
11-1-2023 Get Monthly Income "As of October, 81% of Americans haven’t added anything to their rainy day emergency fund in 2023. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over - new survey from Bankrate...As of October Americans worry more about money than…relationship problems and health concerns…Almost 50%…said it would take at least double their current income to give them peace of mind - FINRA" People are hungry for a solution. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $12,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
11-1-2023 Intel Guru Frank26 Article: "New statement from Oil on the draft oil and gas law" REMEMBER... IMO...THE NANO SECOND YOU SEE THE HCL, SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE OF THE IQD.
11-1-2023 Newshound Guru Kaperoni Despite efforts from the CBI to reduce the spread of the market street rate in Iraq, it still remains almost 18% higher... than the official rate from the CBI at 1310. Not good!
11-1-2023 Intel Guru Bruce [via WiserNow] I would say, based on what we're hearing, the fact that the Intel is sort of drying up a little bit, the good and a bad sign, it's a good sign for us in that - It shows how close everything is it shows how the proximity is ready to go.
11-1-2023 Newshound/Intel Guru Walkingstick Question: "It seems to me the United Staes Treasury wants a new exchange rate for the dinar. Do you think they want the exchange rate not so much to benefit Iraq but for all the Iraqi dinars that we have in our Federal reserves?" Yes...And the new exchange rate they agreed upon through the RV they gave it to the US Treasury when they went over there last week. That's why they're all excited. They know it's about to happen...Our Feds are pushing for its release to happen now because they got what they wanted...
11-1-2023 Newshound Guru Samson Article: "The Ministry of Oil confirms that the government is continuing to pass the oil and gas law"
11-1-2023 Intel Guru MarkZ [via PDK] I have not heard from Iraqi sources in the sandbox yet today…. I know they had high anticipation for the 1st...Comment: I think it will happen in January. MarkZ: I feel it will be much sooner…so much happening...now and all at one time.
11-1-2023 Newshound Guru Pimpy Now Al-Sudani is coming over here to the White House to speak to Biden....I'm curious to see if the Biden Administration is going to do anything to help Iraq in their situation. He could help flood their country with US dollars and the dollar would lose value and the Iraqi dinar would gain value. Or they could just turn around and increase the exchange rate. [Post 2 of 2]
11-1-2023 Newshound Guru Pimpy As I watch the markets and read more and more about what's going on in Iraq it's really starting to look inevitable that Iraq has to do something with the exchange rate. This gap between the parallel market and the fixed market is starting to get really out of control. We know Al-Sudani made an announcement that he was going to take some steps to close this gap. [Post 1 of 2....stay tuned]
11-1-2023 Newshound Guru Militia Man Article quote: "There are no sanctions imposed on Iraq by the US Treasury but sometimes there is a tightening of standards..." They say it twice today in different articles that there are no sanctions imposed on Iraq. If that's the case and the US Treasury gives the green light then, wow, we really have nothing holding us back...
11-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is on the news today warning people not to deal with unlicensed companies. FRANK: If you're not dealing with unlicensed businesses then those companies are going to go out of business...And fines are going to drive them out of business. There's no more problems with banks that are using the American dollars in Iraq. They are being eradicated.
11-1-2023 Newshound/Intel Guru Mnt Goat I...want to make it VERY, VERY clear to everyone that the IQD is NOT yet reinstated on FOREX...“NOT YET TRADING ON FOREX”. Yes, if you go to FOREX there is a benchmark rate for the IQD but it is a linked rate only, linked back to the CBI. It is a page holder. Yes, this is still a very good thing and I don’t want to down play it either...The IQD rate is there...only in preparation for the future. But there is not yet any trading ability to buy or sell.
11-1-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover The 3 Steps To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-31-2023 Intel Guru Frank26 Hey, D.C or whoever, I wouldn't count on Sudani coming to Washington D.C. the way you think he is because you already gave him the green light...You already removed the sanctions...You shouldn't have done all of that. You shouldn't have done any of these things but you did...
10-31-2023 Newshound Guru Samson Article: "48 hours have passed since Al-Sadr’s demand and all indicators are against “closing the embassy”... What will happen?"
10-31-2023 3 Steps To Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-31-2023 Newshound/Intel Guru Walkingstick As we told you last week the CBI did some swapping of currency. We believe that it's also part of the controlling of the American dollar. This swapping was done with 12 different countries. It causes us to wonder if this is the 12 that are going to be put in a basket. All of this was done not this Sunday but the Sunday before. Iraq is putting other currencies in their reserves as well.
10-31-2023 Guest Guru Imperator [Reference Guru Kaperoni post 10-30-2023] Kaperoni says Iraq has NOTHING to export! Think about that. Third most oil reserves...Many countries only export oil with very strong currencies. Oil is not going away anytime soon.
10-31-2023 Newshound Guru Pimpy Article: "What should be put in the Sudanese bag on his visit to Washington?" So Al-Sudani heads back over to Washington I see...I don't know what he's going to gain by visiting with Joe Biden.
10-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying the CBI has reached the point where they are unable to defend the exchange rate saying the dollar keeps rising. FRANK: Who's saying the American dollar is out of control? ...It's the TV. It's this stubborn Iranian television media owners, politicians, parliament that refuses to work with Sudani...
10-31-2023 Newshound Guru Clare Article: "What should be put in Sudanese's bag during his visit to Washington?" Quote: "Prime Minister, Muhammad Shiaa Al-Sudani, received an official invitation from US President Joe Biden to visit the White House, after months of ongoing controversy inside Iraq, over Washington’s postponement of the visit, which was delayed “much” since Al-Sudani took office last October....The expert in Iraqi-American affairs and relations...said: 'A Sudanese visit to Washington must bring in his bag of achievements to prove to the American ally how he will deal with him in terms of oil, the economy, the dollar, the banking system, and others.”
10-31-2023 Intel Guru Frank26 Article: "Al-Shammari: No US sanctions on Iraq and negotiations with Iran to create a platform for currencies other than the dollar" THIS IS POWERFUL MONETARY REFORM EDUCATION... IRAQ IS SANCTION FREE TO DO BUSINESS WITH EVERYONE FROM THE USA EVEN UP TO IRAN. (Al-SHAMMARI is Advisor to the Prime Minister)
10-31-2023 Newshound Guru Samson Article: "Al-Shammari: No US sanctions on Iraq and negotiations with Iran to create a platform for currencies other than the dollar"
10-31-2023 Newshound/Intel Guru Mnt Goat Article: "NEW STATEMENT FROM OIL ON THE DRAFT OIL AND GAS LAW" Quote: “the government is committed to approving this law.” Within the current government session, and it is also within the government curriculum.” This is of course excellent news for us...
10-31-2023 Newshound Guru tlm724 Article: "Al-Shammari: There Are No Sanctions From The US Treasury Department On Iraq" Quote: "The launch of the platform is Iraq's entry into the international financial and economic system. There are no sanctions imposed on Iraq by the US Treasury, but sometimes there is a tightening of standards to deliver potential political messages."
10-31-2023 Intel/Newshound Guru Babysmom MOST RECENT ANTICIPATED OPENING RATES AS PER RAY [Guru RayRen98] DONG .47 ...DINAR 3.81...
10-31-2023 Get Monthly Income Imagine two debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-31-2023 Newshound Guru Samson Article: "48 hours have passed since Al-Sadr’s demand and all indicators are against “closing the embassy”... What will happen?"
10-31-2023 3 Steps To Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-31-2023 Newshound/Intel Guru Walkingstick As we told you last week the CBI did some swapping of currency. We believe that it's also part of the controlling of the American dollar. This swapping was done with 12 different countries. It causes us to wonder if this is the 12 that are going to be put in a basket. All of this was done not this Sunday but the Sunday before. Iraq is putting other currencies in their reserves as well.
10-31-2023 Guest Guru Imperator [Reference Guru Kaperoni post 10-30-2023] Kaperoni says Iraq has NOTHING to export! Think about that. Third most oil reserves...Many countries only export oil with very strong currencies. Oil is not going away anytime soon.
10-31-2023 Newshound Guru Pimpy Article: "What should be put in the Sudanese bag on his visit to Washington?" So Al-Sudani heads back over to Washington I see...I don't know what he's going to gain by visiting with Joe Biden.
10-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying the CBI has reached the point where they are unable to defend the exchange rate saying the dollar keeps rising. FRANK: Who's saying the American dollar is out of control? ...It's the TV. It's this stubborn Iranian television media owners, politicians, parliament that refuses to work with Sudani...
10-31-2023 Newshound Guru Clare Article: "What should be put in Sudanese's bag during his visit to Washington?" Quote: "Prime Minister, Muhammad Shiaa Al-Sudani, received an official invitation from US President Joe Biden to visit the White House, after months of ongoing controversy inside Iraq, over Washington’s postponement of the visit, which was delayed “much” since Al-Sudani took office last October....The expert in Iraqi-American affairs and relations...said: 'A Sudanese visit to Washington must bring in his bag of achievements to prove to the American ally how he will deal with him in terms of oil, the economy, the dollar, the banking system, and others.”
10-31-2023 Intel Guru Frank26 Article: "Al-Shammari: No US sanctions on Iraq and negotiations with Iran to create a platform for currencies other than the dollar" THIS IS POWERFUL MONETARY REFORM EDUCATION... IRAQ IS SANCTION FREE TO DO BUSINESS WITH EVERYONE FROM THE USA EVEN UP TO IRAN. (Al-SHAMMARI is Advisor to the Prime Minister)
10-31-2023 Newshound Guru Samson Article: "Al-Shammari: No US sanctions on Iraq and negotiations with Iran to create a platform for currencies other than the dollar"
10-31-2023 Newshound/Intel Guru Mnt Goat Article: "NEW STATEMENT FROM OIL ON THE DRAFT OIL AND GAS LAW" Quote: “the government is committed to approving this law.” Within the current government session, and it is also within the government curriculum.” This is of course excellent news for us...
10-31-2023 Newshound Guru tlm724 Article: "Al-Shammari: There Are No Sanctions From The US Treasury Department On Iraq" Quote: "The launch of the platform is Iraq's entry into the international financial and economic system. There are no sanctions imposed on Iraq by the US Treasury, but sometimes there is a tightening of standards to deliver potential political messages."
10-31-2023 Intel/Newshound Guru Babysmom MOST RECENT ANTICIPATED OPENING RATES AS PER RAY [Guru RayRen98] DONG .47 ...DINAR 3.81...
10-31-2023 Get Monthly Income Imagine two debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-30-2023 Newshound Guru Clare Article: "Out of 329.. 'only' 32 Iraqi parliamentarians signed the closure of the American embassy.. Documents" Quote: "32 Iraqi parliamentarians, out of 329 others, submitted a request to the Presidency of Parliament to close the American embassy in Baghdad and expel Ambassador Alina Romanski."
10-30-2023 Intel Guru MarkZ [via PDK] A lot of people are saying it’s happening as we speak. And...we will see the fruition at some point tomorrow. We’ll see. I know we are close and can feel it...
10-30-2023 Get Monthly Income Imagine two debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-30-2023 Intel Guru Frank26 THE ONLY IMPORTANT PEOPLE TO LISTEN TO IS SUDANI & ALAQ...Understand the process of the monetary reform...Understand where the CBI is at. And where they're at right now is the introduction of the exchange rate of the Iraqi dinar with stability...
10-30-2023 Newshound Guru Samson Article: "The US Ambassador: Sudanese is our primary partner in our efforts to maintain regional stability"
10-30-2023 Intel Guru MarkZ [via PDK] Question: ...how do you RI at $3 with 90 TRILLION of Dinar printed? MarkZ: Good Question: There has been a number of stories in the recent past that they have gotten trillions of dinar off the streets or confiscated. We shared many of them over the last 9 months that they have pulled back in as much dinar as they could. Also they will pay for the RV over time with the “Oil for Dinar” program...
10-30-2023 Newshound Guru Kaperoni Iraq had another meeting with the WTO...pertaining to a full session...Iraq has nothing to export yet so there is no reason to be in the WTO. Develop your economy Iraq!
10-30-2023 Newshound Guru Militia Man There's progress...going into an International world is evident. There's proof of it...
10-30-2023 Newshound Guru Pimpy Things have been moving along until today. The man who's been quiet for months and months and months decided to come out of his shell and start threatening the United States. Article: "Sadr calls on government and parliament to close U.S. Embassy in Iraq"
10-30-2023 Newshound Guru Clare Article: "Iraq is working to join the World Trade Organization (WTO)." Quote: "In the meeting, Al-Hashemi reviewed Iraq’s current efforts and its plan for the next stage in completing the technical files...and preparing them in accordance with the organization’s conditions and fruitful cooperation with international organizations supporting Iraq’s accession to the organization and its quest to obtain full membership in the organization.”
10-30-2023 Intel Guru MarkZ [via PDK] A lot of rumors coming out of Iraq right now. They still think they are a “GO” by Nov.1st...If you listen to the rumors- things are still beyond fantastic…Guess we will find out in the next day or two.
10-30-2023 Intel Guru Frank26 Article: "Iraq is working to join the World Trade Organization (WTO)" Quote: "To review the steps taken by Iraq and the Ministry of Trade to complete the technical files that must be submitted to the organization during the coming period, which will be sent by the organization’s secretariat and the accession department to member states in preparation for holding the next negotiating rounds." FULL MEMBERSHIP... FULL THROTTLE ON THE MONETARY REFORM!
10-30-2023 Newshound Guru Samson Article: "Iraq is working to join the World Trade Organization (WTO)."
10-30-2023 Intel Guru Wolverine “Already in South America some people have been told which bank they have to go. We are close, so stand by everyone.”
10-30-2023 Get Monthly Income Imagine two debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-30-2023 Intel Guru MarkZ [via PDK] A lot of people are saying it’s happening as we speak. And...we will see the fruition at some point tomorrow. We’ll see. I know we are close and can feel it...
10-30-2023 Get Monthly Income Imagine two debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-30-2023 Intel Guru Frank26 THE ONLY IMPORTANT PEOPLE TO LISTEN TO IS SUDANI & ALAQ...Understand the process of the monetary reform...Understand where the CBI is at. And where they're at right now is the introduction of the exchange rate of the Iraqi dinar with stability...
10-30-2023 Newshound Guru Samson Article: "The US Ambassador: Sudanese is our primary partner in our efforts to maintain regional stability"
10-30-2023 Intel Guru MarkZ [via PDK] Question: ...how do you RI at $3 with 90 TRILLION of Dinar printed? MarkZ: Good Question: There has been a number of stories in the recent past that they have gotten trillions of dinar off the streets or confiscated. We shared many of them over the last 9 months that they have pulled back in as much dinar as they could. Also they will pay for the RV over time with the “Oil for Dinar” program...
10-30-2023 Newshound Guru Kaperoni Iraq had another meeting with the WTO...pertaining to a full session...Iraq has nothing to export yet so there is no reason to be in the WTO. Develop your economy Iraq!
10-30-2023 Newshound Guru Militia Man There's progress...going into an International world is evident. There's proof of it...
10-30-2023 Newshound Guru Pimpy Things have been moving along until today. The man who's been quiet for months and months and months decided to come out of his shell and start threatening the United States. Article: "Sadr calls on government and parliament to close U.S. Embassy in Iraq"
10-30-2023 Newshound Guru Clare Article: "Iraq is working to join the World Trade Organization (WTO)." Quote: "In the meeting, Al-Hashemi reviewed Iraq’s current efforts and its plan for the next stage in completing the technical files...and preparing them in accordance with the organization’s conditions and fruitful cooperation with international organizations supporting Iraq’s accession to the organization and its quest to obtain full membership in the organization.”
10-30-2023 Intel Guru MarkZ [via PDK] A lot of rumors coming out of Iraq right now. They still think they are a “GO” by Nov.1st...If you listen to the rumors- things are still beyond fantastic…Guess we will find out in the next day or two.
10-30-2023 Intel Guru Frank26 Article: "Iraq is working to join the World Trade Organization (WTO)" Quote: "To review the steps taken by Iraq and the Ministry of Trade to complete the technical files that must be submitted to the organization during the coming period, which will be sent by the organization’s secretariat and the accession department to member states in preparation for holding the next negotiating rounds." FULL MEMBERSHIP... FULL THROTTLE ON THE MONETARY REFORM!
10-30-2023 Newshound Guru Samson Article: "Iraq is working to join the World Trade Organization (WTO)."
10-30-2023 Intel Guru Wolverine “Already in South America some people have been told which bank they have to go. We are close, so stand by everyone.”
10-30-2023 Get Monthly Income Imagine two debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >>
10-29-2023 Newshound/Intel Guru RVAlready I think it is an
imf requirement not to advertise a pending RV on the central bank. We
probably will not see anything until the RV is done.
10-29-2023 Newshound Guru Pimpy I hope Iraq stays out of the
fray and stays away from all these conflicts, doesn't get involved and
just goes about their own business. My concern is they're not going
to be able to do that...We're definitely going into some interesting
times in our lives but Iraq right now, man I hope they just stay out
of this altogether. I don't know if it's going to be possible.
Nothing's worse than we feel like we're getting that much closer to
increases in the Iraqi dinar only to have this kind of crap happen and
we start all over from square one. Keep your fingers crossed...
10-29-2023 Intel Guru Frank26 Question "When everything
happens and the exchange rate has been announced, do we have to
exchange everything we have at once or can we do it incrementally?"
That is a personal decision You must decide how much you want to hold
and how much you want to fold and when you want to hold it and when
you want to fold it.
10-29-2023 Newshound/Intel Guru Walkingstick In the coming days a new currency will be given to the Iraqi citizens IOO...They are forewarning the Iraqi citizens of what is about to be given to them.
10-29-2023 Newshound Guru Sandy Ingram The other day a [Community Member] said...Coinbase was exchanging the Iraqi dinar on the platform. Sure enough [we] found that Coinbase is allowing clients to trade cryptocurrency for the Iraqi dinar. Further research shows clients can buy the Iraqi dinar using bitcoin...
10-29-23 Intel Guru RayRen98 Question: "...WHAT KIND OF PEEPS ARE EXCITED?" RayRen RESPONSE: "THREE LETTER PEEPS AND IRAQIS FOR SURE. BANK PEEPS ARE ON NOTICE FOR BEING CALLED IN OVER THE WEEKEND".
10-29-2023 Newshound Guru Pimpy The gap between the fixed exchange rate versus the black market is widening...The last time we saw that Iraq was forced to increase the value of the Iraqi dinars. It's very possible between now and the end of the year we could see an increase in the exchange rate. Nothing significant but at least going in the right direction. Like I said, they're going to go up in increments...At least they can do us a favor and take us back to where we originally started - 1,190 dinars for every dollar. I would love to see a better exchange rate than that but I'll take it. That's twice in one year going in the right direction. This is exactly what we would want.
10-29-2023 Intel Guru Frank26 The new exchange rate is the hope of the Iraqi citizens that they can't see yet. It's unseen to them but yet the evidence is there...
10-29-2023 Newshound Guru Militia Man Every one asks why isn't it [HCL] done yet?...Everybody wants it today...I know everybody wants it. So do I, but the truth is we're seeing things that's never been done before...They have the law out there and written. They just haven't got to it...I think we all know...if they were going to do it at 1310, 1305 or 1320 they would have already done this by now and they haven't...I hope and pray...the thing that they need is an international Article VIII compliant exchange rate...
imf requirement not to advertise a pending RV on the central bank. We
probably will not see anything until the RV is done.
10-29-2023 Newshound Guru Pimpy I hope Iraq stays out of the
fray and stays away from all these conflicts, doesn't get involved and
just goes about their own business. My concern is they're not going
to be able to do that...We're definitely going into some interesting
times in our lives but Iraq right now, man I hope they just stay out
of this altogether. I don't know if it's going to be possible.
Nothing's worse than we feel like we're getting that much closer to
increases in the Iraqi dinar only to have this kind of crap happen and
we start all over from square one. Keep your fingers crossed...
10-29-2023 Intel Guru Frank26 Question "When everything
happens and the exchange rate has been announced, do we have to
exchange everything we have at once or can we do it incrementally?"
That is a personal decision You must decide how much you want to hold
and how much you want to fold and when you want to hold it and when
you want to fold it.
10-29-2023 Newshound/Intel Guru Walkingstick In the coming days a new currency will be given to the Iraqi citizens IOO...They are forewarning the Iraqi citizens of what is about to be given to them.
10-29-2023 Newshound Guru Sandy Ingram The other day a [Community Member] said...Coinbase was exchanging the Iraqi dinar on the platform. Sure enough [we] found that Coinbase is allowing clients to trade cryptocurrency for the Iraqi dinar. Further research shows clients can buy the Iraqi dinar using bitcoin...
10-29-23 Intel Guru RayRen98 Question: "...WHAT KIND OF PEEPS ARE EXCITED?" RayRen RESPONSE: "THREE LETTER PEEPS AND IRAQIS FOR SURE. BANK PEEPS ARE ON NOTICE FOR BEING CALLED IN OVER THE WEEKEND".
10-29-2023 Newshound Guru Pimpy The gap between the fixed exchange rate versus the black market is widening...The last time we saw that Iraq was forced to increase the value of the Iraqi dinars. It's very possible between now and the end of the year we could see an increase in the exchange rate. Nothing significant but at least going in the right direction. Like I said, they're going to go up in increments...At least they can do us a favor and take us back to where we originally started - 1,190 dinars for every dollar. I would love to see a better exchange rate than that but I'll take it. That's twice in one year going in the right direction. This is exactly what we would want.
10-29-2023 Intel Guru Frank26 The new exchange rate is the hope of the Iraqi citizens that they can't see yet. It's unseen to them but yet the evidence is there...
10-29-2023 Newshound Guru Militia Man Every one asks why isn't it [HCL] done yet?...Everybody wants it today...I know everybody wants it. So do I, but the truth is we're seeing things that's never been done before...They have the law out there and written. They just haven't got to it...I think we all know...if they were going to do it at 1310, 1305 or 1320 they would have already done this by now and they haven't...I hope and pray...the thing that they need is an international Article VIII compliant exchange rate...
10-28-2023 Intel Guru MarkZ [via PDK] ...news out of Iraq. Boy, they have a lot of anticipation between now and the 1st of Nov. With heavy emphasis on this weekend. Lots of chatter for a rate change by the 1st. Iraq is trying to totally de-dollarize by Jan 1st so this means they have to move quick…they cannot de-dollarize unless they have a currency with a larger value. …I still believe it will happen before the end of the year. There are some great global things happening and pointing to how close we are.
10-28-2023 Newshound Guru Pimpy Community comment "My community college has a Dinar Guru class. One semester, two credits. I get my certificate November 20th." Man, I love that. That is funny.
10-28-2023 Intel Guru Frank26 Question "What is the next thing we are looking for?" The exchange rate or the exchange rate and the new small category notes together simultaneously.
10-28-2023 Newshound Guru Clare Article "In response to Al-Sadr's call, a parliamentarian announces the start of collecting signatures to close the American embassy in Baghdad"
10-28-2023 Newshound Guru Militia Man A lot of different things that go on behind the scenes that your average person has no idea that it's even going on. They're just looking for what we all are to some degree - When's it going to go, when's it going to happen. But it's a complex process and the awesome thing about it is what we're seeing in public and behind the scenes is showing it's coming. It's coming fast. It's coming furious. It's good.
10-28-2023 Intel Guru Frank26 Why does the world want to pour into Iraq now when it's still a sanctioned programed rate? The answer is because Sudani is showing them the Monetary reform mechanism and it includes a new exchange rate for a new national currency IMO...
10-28-2023 Newshound Guru Pimpy It stabilized for a little while but now...the parallel markets are way out of control. You now can get 1630 for every dollar compared to 1300 on the official market...if any of the citizens have US dollars they can get more dinars on the black market than they can through the bank at the official rate. Where is the incentive for the citizen to avoid the black market? The US dollar is much stronger in Iraq than the Iraqi dinar. The only thing you could do is try to find a way to strengthen the dinar as much as possible so it can compete with the US dollar. [Post 2 of 2]
10-28-2023 Newshound Guru Pimpy There's talk about Al-Sudani doing something that will help with the dinar exchange rate... Article: "Sudani will announce next week a banking service that leads to the decline of the dollar" I've been racking my brain out trying to think what it is Al-Sudani is going to do. The only thing I can think of Al-Sudani has got to do something about the exchange rate. What other options does Iraq have? They rose the exchange rate last time from 1450 dinars for every dollar because the parallel exchange rate was getting out of control. [Post 1 of 2....stay tuned]
10-28-2023 Newshound Guru Samson Article: "Al-Shamri: Al-Sudani will announce next week a banking service that leads to the decline of the dollar"
10-28-2023 Intel Guru Bruce New Iraqi Dinar Rate expected to be published in Gazette Fri. or Sat. 27, 28 Oct...International Iraqi Dinar Rate expected to be very high, as is Dong...
10-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It sounds like they're saying January 1st as the a date the stabilization process will be complete. FRANK: Remember I told you...between now and January 1st there's a two-week phase/time Frame inside of these two months of November and December where these two weeks will play an important part in what we're studying. So it doesn't have to go all the way to January the 1st for it to be announced. It can be announced and released inside of this time frame. That's what Sudani is telling the Iraqi citizens - We got stability.
10-28-2023 Newshound Guru Clare Article: "Al-Shammari: The Sudanese will announce next week a banking service that will lead to a decline in the dollar"
10-28-2023 Intel Guru MarkZ [via PDK] Today Iraq is talking about “Electronic Payment Support” We are seeing they are modernizing their banking system to launch in the real world...We are still seeing their ascension into the World Trade Organizations but when are they going to announce it? There is lots of internal documentation off their own websites showing this...But they cannot fully join without an international currency that is not sanctioned or restricted. When will they unveil what has happened? The take away is “It’s confusing on purpose” …I just hope Iraqi contacts are right and it’s going over this weekend.
10-28-2023 Newshound Guru Pimpy Community comment "My community college has a Dinar Guru class. One semester, two credits. I get my certificate November 20th." Man, I love that. That is funny.
10-28-2023 Intel Guru Frank26 Question "What is the next thing we are looking for?" The exchange rate or the exchange rate and the new small category notes together simultaneously.
10-28-2023 Newshound Guru Clare Article "In response to Al-Sadr's call, a parliamentarian announces the start of collecting signatures to close the American embassy in Baghdad"
10-28-2023 Newshound Guru Militia Man A lot of different things that go on behind the scenes that your average person has no idea that it's even going on. They're just looking for what we all are to some degree - When's it going to go, when's it going to happen. But it's a complex process and the awesome thing about it is what we're seeing in public and behind the scenes is showing it's coming. It's coming fast. It's coming furious. It's good.
10-28-2023 Intel Guru Frank26 Why does the world want to pour into Iraq now when it's still a sanctioned programed rate? The answer is because Sudani is showing them the Monetary reform mechanism and it includes a new exchange rate for a new national currency IMO...
10-28-2023 Newshound Guru Pimpy It stabilized for a little while but now...the parallel markets are way out of control. You now can get 1630 for every dollar compared to 1300 on the official market...if any of the citizens have US dollars they can get more dinars on the black market than they can through the bank at the official rate. Where is the incentive for the citizen to avoid the black market? The US dollar is much stronger in Iraq than the Iraqi dinar. The only thing you could do is try to find a way to strengthen the dinar as much as possible so it can compete with the US dollar. [Post 2 of 2]
10-28-2023 Newshound Guru Pimpy There's talk about Al-Sudani doing something that will help with the dinar exchange rate... Article: "Sudani will announce next week a banking service that leads to the decline of the dollar" I've been racking my brain out trying to think what it is Al-Sudani is going to do. The only thing I can think of Al-Sudani has got to do something about the exchange rate. What other options does Iraq have? They rose the exchange rate last time from 1450 dinars for every dollar because the parallel exchange rate was getting out of control. [Post 1 of 2....stay tuned]
10-28-2023 Newshound Guru Samson Article: "Al-Shamri: Al-Sudani will announce next week a banking service that leads to the decline of the dollar"
10-28-2023 Intel Guru Bruce New Iraqi Dinar Rate expected to be published in Gazette Fri. or Sat. 27, 28 Oct...International Iraqi Dinar Rate expected to be very high, as is Dong...
10-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It sounds like they're saying January 1st as the a date the stabilization process will be complete. FRANK: Remember I told you...between now and January 1st there's a two-week phase/time Frame inside of these two months of November and December where these two weeks will play an important part in what we're studying. So it doesn't have to go all the way to January the 1st for it to be announced. It can be announced and released inside of this time frame. That's what Sudani is telling the Iraqi citizens - We got stability.
10-28-2023 Newshound Guru Clare Article: "Al-Shammari: The Sudanese will announce next week a banking service that will lead to a decline in the dollar"
10-28-2023 Intel Guru MarkZ [via PDK] Today Iraq is talking about “Electronic Payment Support” We are seeing they are modernizing their banking system to launch in the real world...We are still seeing their ascension into the World Trade Organizations but when are they going to announce it? There is lots of internal documentation off their own websites showing this...But they cannot fully join without an international currency that is not sanctioned or restricted. When will they unveil what has happened? The take away is “It’s confusing on purpose” …I just hope Iraqi contacts are right and it’s going over this weekend.
10-27-2023 Intel Guru Frank26 You should know an "800#" doesn't exist. That's stupid - One phone number for every bank in American? In an ironic twist there is one 800# ...it's the U.S. Treasury. When the blessing comes, pick up the phone and call the US Treasury...'Which one of your banks in the United States of America is exchanging the Iraqi dinar?' ...You'll have a big list of all the banks in the United States of American that are exchanging the Iraqi dinar...
10-27-2023 Newshound Guru Kaperoni Community Comment "It's interesting when u compare Iraq with Jordan's economy. Pretty similar stats, I'd say Iraq is better with lower unemployment, higher average income. and over 4 times higher GDP. However the Jordanian Dinar is 1.41 to 1 USD and the Iraqi Dinar is 1/6 th of a penny to 1 USD." Yes, but Iraq's money supply is over 90 trillion, Jordan's is 18 billion. Big difference!
10-27-2023 Intel Guru MarkZ [via PDK] ...the chatter out of Iraq is the lower denoms have been seen and they are expecting an announcement within days. Now, every time somebody tries to put up a video showing them…they disappear. I think the longest one of those videos stayed up today is about an hour. I’m so sorry I did not record it. But the chatter has gone through the roof in Iraq. Iraq has told us they want full de-dollarization by January 1st. For that to happen they need to move quickly IMO.…like now.
10-27-2023 Newshound Guru Desert Advisor Kuwait is $3.24 and Jordan is $1.41. Their currency is worth more than our [U.S.] currency...We look at Iraq...$0.0007. That don't even look attractive...The exchange rate was pretty stable until the Gulf War in 1991. The dinar was worth over $3...We can see that with Kuwait right next door. Iraq does have a lot of oil. We've known this...
10-27-203 Intel Guru RayRen98 Lower Denoms placed in atm at ports and airports today. Told...that Dinar announcement is …(imminent).
10-27-2023 Intel Guru Frank26 Article: "Al-Alaq: Stabilizing the exchange rate is a major process that requires changes to the commercial system and external transfer in Iraq" Wow! For the next person that says to you it's a scam, first punch them in the nose - no. no. no. :)...take them [this article]. That's fantastic. This is the monetary reform education and it's being given to the citizens in massive amounts...
10-27-2023 Newshound Guru Pimpy IMO if this keeps getting out of control I don't think they're going to have any choice but to do the same thing again...Keep in mind the Iraqi dinar before they devalued you got 1,190 dinars for every dollar, it dropped down to 1,450 for every dollar then they increased it to where you get 1,300 for every dollar. If they go to make a move again is it possible they finally bring us back to where we started from at 1,190 or every dollar. It almost looks unavoidable at this moment. [Post 2 of 2]
10-27-2023 Newshound Guru Pimpy Let's talk about the high possibly of a reevaluation taking place here real soon with the Iraqi dinar... Article: "The dollar is flying fast and registering 162 thousand dinars in the markets". 1,620 for every dollar is a huge gap between the fixed rate of 1,320...Iraq is going to have to do something very soon about this situation. They can't keep allowing this to get out of control. It's causing inflation...and it's affecting the economy... The last time we started to see this type of gap between the fixed rate and the black market rate, Iraq was forced to increase the value of dinar... [Post 1 of 2....stay tuned]
10-27-2023 Intel Guru MarkZ [via PDK] I hope my Iraqi sources are right and it’s this weekend…They did expect everything to be wrapped up by Nov 1st. That is exactly what they were being told…and that is what they told me. …Remember no one knows the exact timing…we are all guessing at it based on the information we receive.
10-27-2023 Newshound Guru Militia Man If you've been paying attention closely, it isn't just the oil and gas law anymore. It's the oil, gas and natural resources law. They're going to add more to it so the citizens are going to benefit from this...that's all the politicians too. Everybody in the country is going to benefit from it...
10-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is talking and he tells the Iraqi citizens we are in a stabilized mode. FRANK: Do you understand? They're not at first base...second base...third base. They're at home base...they touched all the bases and they scored. FIREFLY: He says we will be complete by January 1st 2024. He's saying we have to stabilize the exchange rate.
10-27-2023 Intel Guru RayRen98 [via Babysmom] "...FOREX TRADERS ARE BEING TOLD TO LOOK FOR RATE CHANGES ON FRIDAY OR SATURDAY...TIME WILL TELL"
10-27-2023 Newshound Guru Kaperoni Community Comment "It's interesting when u compare Iraq with Jordan's economy. Pretty similar stats, I'd say Iraq is better with lower unemployment, higher average income. and over 4 times higher GDP. However the Jordanian Dinar is 1.41 to 1 USD and the Iraqi Dinar is 1/6 th of a penny to 1 USD." Yes, but Iraq's money supply is over 90 trillion, Jordan's is 18 billion. Big difference!
10-27-2023 Intel Guru MarkZ [via PDK] ...the chatter out of Iraq is the lower denoms have been seen and they are expecting an announcement within days. Now, every time somebody tries to put up a video showing them…they disappear. I think the longest one of those videos stayed up today is about an hour. I’m so sorry I did not record it. But the chatter has gone through the roof in Iraq. Iraq has told us they want full de-dollarization by January 1st. For that to happen they need to move quickly IMO.…like now.
10-27-2023 Newshound Guru Desert Advisor Kuwait is $3.24 and Jordan is $1.41. Their currency is worth more than our [U.S.] currency...We look at Iraq...$0.0007. That don't even look attractive...The exchange rate was pretty stable until the Gulf War in 1991. The dinar was worth over $3...We can see that with Kuwait right next door. Iraq does have a lot of oil. We've known this...
10-27-203 Intel Guru RayRen98 Lower Denoms placed in atm at ports and airports today. Told...that Dinar announcement is …(imminent).
10-27-2023 Intel Guru Frank26 Article: "Al-Alaq: Stabilizing the exchange rate is a major process that requires changes to the commercial system and external transfer in Iraq" Wow! For the next person that says to you it's a scam, first punch them in the nose - no. no. no. :)...take them [this article]. That's fantastic. This is the monetary reform education and it's being given to the citizens in massive amounts...
10-27-2023 Newshound Guru Pimpy IMO if this keeps getting out of control I don't think they're going to have any choice but to do the same thing again...Keep in mind the Iraqi dinar before they devalued you got 1,190 dinars for every dollar, it dropped down to 1,450 for every dollar then they increased it to where you get 1,300 for every dollar. If they go to make a move again is it possible they finally bring us back to where we started from at 1,190 or every dollar. It almost looks unavoidable at this moment. [Post 2 of 2]
10-27-2023 Newshound Guru Pimpy Let's talk about the high possibly of a reevaluation taking place here real soon with the Iraqi dinar... Article: "The dollar is flying fast and registering 162 thousand dinars in the markets". 1,620 for every dollar is a huge gap between the fixed rate of 1,320...Iraq is going to have to do something very soon about this situation. They can't keep allowing this to get out of control. It's causing inflation...and it's affecting the economy... The last time we started to see this type of gap between the fixed rate and the black market rate, Iraq was forced to increase the value of dinar... [Post 1 of 2....stay tuned]
10-27-2023 Intel Guru MarkZ [via PDK] I hope my Iraqi sources are right and it’s this weekend…They did expect everything to be wrapped up by Nov 1st. That is exactly what they were being told…and that is what they told me. …Remember no one knows the exact timing…we are all guessing at it based on the information we receive.
10-27-2023 Newshound Guru Militia Man If you've been paying attention closely, it isn't just the oil and gas law anymore. It's the oil, gas and natural resources law. They're going to add more to it so the citizens are going to benefit from this...that's all the politicians too. Everybody in the country is going to benefit from it...
10-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is talking and he tells the Iraqi citizens we are in a stabilized mode. FRANK: Do you understand? They're not at first base...second base...third base. They're at home base...they touched all the bases and they scored. FIREFLY: He says we will be complete by January 1st 2024. He's saying we have to stabilize the exchange rate.
10-27-2023 Intel Guru RayRen98 [via Babysmom] "...FOREX TRADERS ARE BEING TOLD TO LOOK FOR RATE CHANGES ON FRIDAY OR SATURDAY...TIME WILL TELL"
10-26-2023 Newshound Guru Militia Man I'm convinced that when the time's right...they're going to use the dinar globally. That means, you, I, Europe, everybody that has it is going to be able to use it.
10-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend - We've received new computers with updates and we're studying with updated software - FRANK: The same software that's in the ATM machines...it has all the new currency data that will be needed to give you your new exchange rate and your new currency. I don't know when they're going to do this, I just know they're preparing you for it and you can see your bank friend is being loaded. Look at all the evidence all around inside of that bank...
10-26-2023 Newshound Guru Pimpy People have asked me, 'Do you expect any changes in 2024?' Yes, nothing in '23 though but 2024 absolutely. As a mater of fact I'm anticipating a couple of changes. Over then next couple years I'm expecting to see the Iraqi dinar start to take steps towards increasing its exchange rate little by little. At least it's going in the right direction...
10-26-2023 Newshound/Intel Guru Walkingstick The CBI swapped the Iraqi dinar currency with 12 different countries. Countries do this all the time but to see this done right now it's obviously a pre-cursor of the monetary reform. It's obviously part of the monetary reform process...
10-26-2023 Newshound Guru Militia Man On the WTO site...you'll come to the ITC (International Trade Center) help system. Click on that...and type in Iraq...You can see they're set up on the WTO's website. Why that is important is because...these guys are already hooked up. They're already set up. They have code numbers already today at the WTO. Even thought they're not international completely yet, they haven't published ascension, you can see though they're ready to go. It's really phenomenal.
10-26-2023 Intel Guru Frank26 Question: "Have the sanctions been removed from Iraq?" IMO 99.9% have been removed. The 99.9% that stopped the monetary reform have been removed.
10-26-2023 Intel Guru MarkZ [via PDK] Iraq has a lot of banking news…they are getting money in the banking system…building exchange centers…My sources in Iraq are still expecting it by the first…so sometime over the next 5-6 days. I hope they are accurate...My gut says we are about a week out.
10-26-2023 Newshound Guru Clare Article: "Al-Sudani reveals the “reasons” for the rise in the price of the dollar and admits to a legal problem: We need strict penalties"
10-26-2023 Newshound Guru Militia Man Article: "International and international pressure to approve the oil and gas law" as soon as there is an international exchange rate in Iraq, this will be done pronto!! The world is waiting and likely not for much longer.
10-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK CONTINUED: This is part of the monetary reform process, to pass these laws. But it's the last phase of it to bring security and stability and to remove any corruption from your currency. These laws will allow Sudani to arrest more evil people that are against you Iraqi citizens and Sudani's reforms...Congratulations you are one step closer to what you seek - Value to your currency.... [Post 2 of 2]
10-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on the news saying Iraq lacks strict laws against currency speculators. These are the people that have been delaying what we want to bring to you Iraqi citizens. Then he talks about more needs to be in place to hold accountability. These laws will allow him to protect us more with our currency. FRANK: Wow! Ta-Dah!...Look at the articles...you can find some of [this] tomorrow...you will find even more the next day. It will get louder and louder until they make the announcement. [Post 1 of 2....stay tuned]
10-26-2023 Intel Guru RayRen98 Question: ...do you think we’re going to have Christmas in October? YES, DEFINITELY.
10-26-2023 Newshound/Intel Guru Mnt Goat ...We have been told in just a recent article that the CBI is attempting to accomplish in 1 year in 2023 what should normally take 6 years. I am talking about the full Dr Shabibi plan and the process of how to conduct the de-dollarization, then the project to delete the zeros and to get back on FOREX. We can see it playing out...
10-26-2023 Intel Guru MarkZ [via PDK] News from Iraq continues to be very positive...The majority of my Iraqi contacts believe we will see RV somewhere between now and the first. Remember that none us of know for certain what the timing is. I’m just telling you what they are feeling and hearing from inside their own country. These people are in banking and government.
10-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend - We've received new computers with updates and we're studying with updated software - FRANK: The same software that's in the ATM machines...it has all the new currency data that will be needed to give you your new exchange rate and your new currency. I don't know when they're going to do this, I just know they're preparing you for it and you can see your bank friend is being loaded. Look at all the evidence all around inside of that bank...
10-26-2023 Newshound Guru Pimpy People have asked me, 'Do you expect any changes in 2024?' Yes, nothing in '23 though but 2024 absolutely. As a mater of fact I'm anticipating a couple of changes. Over then next couple years I'm expecting to see the Iraqi dinar start to take steps towards increasing its exchange rate little by little. At least it's going in the right direction...
10-26-2023 Newshound/Intel Guru Walkingstick The CBI swapped the Iraqi dinar currency with 12 different countries. Countries do this all the time but to see this done right now it's obviously a pre-cursor of the monetary reform. It's obviously part of the monetary reform process...
10-26-2023 Newshound Guru Militia Man On the WTO site...you'll come to the ITC (International Trade Center) help system. Click on that...and type in Iraq...You can see they're set up on the WTO's website. Why that is important is because...these guys are already hooked up. They're already set up. They have code numbers already today at the WTO. Even thought they're not international completely yet, they haven't published ascension, you can see though they're ready to go. It's really phenomenal.
10-26-2023 Intel Guru Frank26 Question: "Have the sanctions been removed from Iraq?" IMO 99.9% have been removed. The 99.9% that stopped the monetary reform have been removed.
10-26-2023 Intel Guru MarkZ [via PDK] Iraq has a lot of banking news…they are getting money in the banking system…building exchange centers…My sources in Iraq are still expecting it by the first…so sometime over the next 5-6 days. I hope they are accurate...My gut says we are about a week out.
10-26-2023 Newshound Guru Clare Article: "Al-Sudani reveals the “reasons” for the rise in the price of the dollar and admits to a legal problem: We need strict penalties"
10-26-2023 Newshound Guru Militia Man Article: "International and international pressure to approve the oil and gas law" as soon as there is an international exchange rate in Iraq, this will be done pronto!! The world is waiting and likely not for much longer.
10-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK CONTINUED: This is part of the monetary reform process, to pass these laws. But it's the last phase of it to bring security and stability and to remove any corruption from your currency. These laws will allow Sudani to arrest more evil people that are against you Iraqi citizens and Sudani's reforms...Congratulations you are one step closer to what you seek - Value to your currency.... [Post 2 of 2]
10-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on the news saying Iraq lacks strict laws against currency speculators. These are the people that have been delaying what we want to bring to you Iraqi citizens. Then he talks about more needs to be in place to hold accountability. These laws will allow him to protect us more with our currency. FRANK: Wow! Ta-Dah!...Look at the articles...you can find some of [this] tomorrow...you will find even more the next day. It will get louder and louder until they make the announcement. [Post 1 of 2....stay tuned]
10-26-2023 Intel Guru RayRen98 Question: ...do you think we’re going to have Christmas in October? YES, DEFINITELY.
10-26-2023 Newshound/Intel Guru Mnt Goat ...We have been told in just a recent article that the CBI is attempting to accomplish in 1 year in 2023 what should normally take 6 years. I am talking about the full Dr Shabibi plan and the process of how to conduct the de-dollarization, then the project to delete the zeros and to get back on FOREX. We can see it playing out...
10-26-2023 Intel Guru MarkZ [via PDK] News from Iraq continues to be very positive...The majority of my Iraqi contacts believe we will see RV somewhere between now and the first. Remember that none us of know for certain what the timing is. I’m just telling you what they are feeling and hearing from inside their own country. These people are in banking and government.
10-25-2023 Newshound Guru Pimpy I think over the next few years
you'll start to see the Iraqi dinar slowly increase in value little by
little. It's hard to talk about where the dinar is going to be just
because the United States isn't going to let those resources go and Iraq
can't stop getting in trouble - at least that's what we're told...
10-25-2023 Newshound Guru Militia Man This gentleman is
fascinating. He's giving Al-Sudani some kudos but he's also poking
him in the eye a little bit because if you remember Al-Sudani said and
confirmed to his people more than once that the dinar is stronger than
the dollar and this guy gives a reality check, well it's not today.
Article quote "The Sudanese confirm that the dinar is stronger than
the dollar but the reality is currently the opposite." He's not
wrong at this moment in time but the plan is to be [stronger]...
10-25-2023 Intel Guru Frank26 Iraq is not going to come out
at a 1,000 to 1 rate...They are going to come straight out of the
gates...to reinstate their currency IMO above a 1 to 1 rate. Because
right now Iraq has an inflation rate at 20% and if they come out at
1,000 to 1 to start the float in removing the 3-zeros they would be at
a 40% inflation rate in their country...It makes no sense to come out
at 1 to 1. It would not accomplish what they are trying to do...When
they should have released it at 1,000 to 1 that would have worked
instantly...at that time. But they didn't. They stalled...Now
there is just one rate...These are exciting time.
10-25-2023 Newshound Guru Breitling [On his approach to the Iraqi dinar] I am the ultimate puritan. I only believe in what I can prove. I don't have faith about nothing. I have faith about my abilities but if someone comes up to me and goes, 'Good, ole fashioned faith?' Nope...
10-25-2023 Newshound/Intel Guru Walkingstick [Aki Iraqi bank friend update] Iraqi Bank friend #1 [Aki's boss] told Aki you gotta stay put. Stay right where you are at [his bank in the south of a northern state]. As much as Aki wants to go stay in the north because in the north he has a home there... Obviously something's happening IMO.
10-25-2023 Newshound Guru Sandy Ingram There is a global shortage of wheat due to Russia's invasion of Ukraine...Next year flour prices in the United States will skyrocket due to drought... Dunums is the unit of measurement of land in the Middle East. One acre equals approximately 4 dunums. Iraq will plant 1.5 million dunums in irrigated areas of the desert and 4 million dunums in desert areas using underground water. This planning event will take place during the winter months (October and November) and will secure Iraq's food security for the coming year...
10-25-2023 Newshound Guru Pimpy Iraq continues to move forward to do what they can for the Iraqi people, improving more on the banking sector, trying to find ways to make their economy stronger but these conflicts are causing huge delays and huge issues in Iraq and we don't need that at this time.
10-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: Sudani sent his people...to tell you Iraqi citizens your currency, NOT your 3-zero notes, but your new national currency is going to be stronger than the USD. Hell yes! That's the whole purpose...This is fantastic because they are opening up...These guys are busting open the doors and talking to you... [Post 2 of 2]
10-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani sent a government spokesman...we know and trust him...He comes on Iraqi Channel One and says Sudani wants you to know the dinar will be stronger than the dollar...He's saying it's currently not. FRANK: No kidding! FIREFLY: They are showing clips of past video speeches of Sudani when he says the dinar will be a pillar of the Middle East and...is going to help and fix the global financial world. This is very good for the monetary reform... Oh, yes, this is exactly what we are looking for. [Post 1 of 2....stay tuned]
10-25-2023 Newshound Guru Militia Man Article quote: "...the government's plan included establishing 1,600 project...The budget for ongoing project will reach the government in the coming days..." That's the 2023, 24, 25 budget we've been talking about...they haven't funded anything and they haven't shown any money to be spent...but here he's saying, "The budget for ongoing projects will reach the governance in the coming days..." They've been paying for all this stuff in dollars. The dollar is going to end...by January.
10-25-2023 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the rate of 1/6 of a penny is a “suppressed” rate and being “artificially manipulated”. Just with all the assets Iraq now has without any banking reforms or any other economic development, the rate should be at least what it was prior to the 1991 invasion and the 10 year boycott plus even more...
10-25-2023 Intel Guru Frank26 Yesterday was the start of the end of the two weeks Sudani requested of the Iraqi citizens...He said I'm going lay everything out on the table. I won't hold anything back. I will answer all your questions. We only have one question dude - Where's the exchange rate? ...Next thing you know Sudani sends one of his officials, one that is known and trusted, to Channel One News and he talked to the Iraqi citizens. [Stay Tuned for Boots on the Ground Fire Fly report on what the official said about the dinar exchange rate.]
10-25-2023 Intel Guru MarkZ [via PDK] There is a lot of repetition in the news… We have shared many articles over the last few days/weeks on improvements in the banking system in Iraq…. Articles about how they have secured their borders…how they are attracting more money into the banks…(85% of the dinar is outside the banking system in Iraq) and they are trying to make their banking system more attractive. I do not think this will be successful until there is a value change in the dinar. Why put it in the banks when it’s not worth much?
you'll start to see the Iraqi dinar slowly increase in value little by
little. It's hard to talk about where the dinar is going to be just
because the United States isn't going to let those resources go and Iraq
can't stop getting in trouble - at least that's what we're told...
10-25-2023 Newshound Guru Militia Man This gentleman is
fascinating. He's giving Al-Sudani some kudos but he's also poking
him in the eye a little bit because if you remember Al-Sudani said and
confirmed to his people more than once that the dinar is stronger than
the dollar and this guy gives a reality check, well it's not today.
Article quote "The Sudanese confirm that the dinar is stronger than
the dollar but the reality is currently the opposite." He's not
wrong at this moment in time but the plan is to be [stronger]...
10-25-2023 Intel Guru Frank26 Iraq is not going to come out
at a 1,000 to 1 rate...They are going to come straight out of the
gates...to reinstate their currency IMO above a 1 to 1 rate. Because
right now Iraq has an inflation rate at 20% and if they come out at
1,000 to 1 to start the float in removing the 3-zeros they would be at
a 40% inflation rate in their country...It makes no sense to come out
at 1 to 1. It would not accomplish what they are trying to do...When
they should have released it at 1,000 to 1 that would have worked
instantly...at that time. But they didn't. They stalled...Now
there is just one rate...These are exciting time.
10-25-2023 Newshound Guru Breitling [On his approach to the Iraqi dinar] I am the ultimate puritan. I only believe in what I can prove. I don't have faith about nothing. I have faith about my abilities but if someone comes up to me and goes, 'Good, ole fashioned faith?' Nope...
10-25-2023 Newshound/Intel Guru Walkingstick [Aki Iraqi bank friend update] Iraqi Bank friend #1 [Aki's boss] told Aki you gotta stay put. Stay right where you are at [his bank in the south of a northern state]. As much as Aki wants to go stay in the north because in the north he has a home there... Obviously something's happening IMO.
10-25-2023 Newshound Guru Sandy Ingram There is a global shortage of wheat due to Russia's invasion of Ukraine...Next year flour prices in the United States will skyrocket due to drought... Dunums is the unit of measurement of land in the Middle East. One acre equals approximately 4 dunums. Iraq will plant 1.5 million dunums in irrigated areas of the desert and 4 million dunums in desert areas using underground water. This planning event will take place during the winter months (October and November) and will secure Iraq's food security for the coming year...
10-25-2023 Newshound Guru Pimpy Iraq continues to move forward to do what they can for the Iraqi people, improving more on the banking sector, trying to find ways to make their economy stronger but these conflicts are causing huge delays and huge issues in Iraq and we don't need that at this time.
10-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: Sudani sent his people...to tell you Iraqi citizens your currency, NOT your 3-zero notes, but your new national currency is going to be stronger than the USD. Hell yes! That's the whole purpose...This is fantastic because they are opening up...These guys are busting open the doors and talking to you... [Post 2 of 2]
10-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani sent a government spokesman...we know and trust him...He comes on Iraqi Channel One and says Sudani wants you to know the dinar will be stronger than the dollar...He's saying it's currently not. FRANK: No kidding! FIREFLY: They are showing clips of past video speeches of Sudani when he says the dinar will be a pillar of the Middle East and...is going to help and fix the global financial world. This is very good for the monetary reform... Oh, yes, this is exactly what we are looking for. [Post 1 of 2....stay tuned]
10-25-2023 Newshound Guru Militia Man Article quote: "...the government's plan included establishing 1,600 project...The budget for ongoing project will reach the government in the coming days..." That's the 2023, 24, 25 budget we've been talking about...they haven't funded anything and they haven't shown any money to be spent...but here he's saying, "The budget for ongoing projects will reach the governance in the coming days..." They've been paying for all this stuff in dollars. The dollar is going to end...by January.
10-25-2023 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the rate of 1/6 of a penny is a “suppressed” rate and being “artificially manipulated”. Just with all the assets Iraq now has without any banking reforms or any other economic development, the rate should be at least what it was prior to the 1991 invasion and the 10 year boycott plus even more...
10-25-2023 Intel Guru Frank26 Yesterday was the start of the end of the two weeks Sudani requested of the Iraqi citizens...He said I'm going lay everything out on the table. I won't hold anything back. I will answer all your questions. We only have one question dude - Where's the exchange rate? ...Next thing you know Sudani sends one of his officials, one that is known and trusted, to Channel One News and he talked to the Iraqi citizens. [Stay Tuned for Boots on the Ground Fire Fly report on what the official said about the dinar exchange rate.]
10-25-2023 Intel Guru MarkZ [via PDK] There is a lot of repetition in the news… We have shared many articles over the last few days/weeks on improvements in the banking system in Iraq…. Articles about how they have secured their borders…how they are attracting more money into the banks…(85% of the dinar is outside the banking system in Iraq) and they are trying to make their banking system more attractive. I do not think this will be successful until there is a value change in the dinar. Why put it in the banks when it’s not worth much?
10-24-2023 Newshound Guru Pimpy There's too many things that have to fall into place. #1 Iraq can't keep relying on just oil revenue to fund their government. They need other alternatives. We know Iraq decided to start dealing in gas...that's a good move. It's a good step in the right direction but agriculture and all their other exports is where the exchange rate is going to make a difference...You want the percentage of oil revenues that support the budget to dwindle. There's others factors but that's definitely one of the biggest ones...
10-24-2023 Intel Guru Frank26 Question: "Does the Iraqi dinar have to stop at one penny above the Kuwait dinar?" Not anymore IMO. The reason why is because...you have Kumbaya. You have working relationships. You got Kuwait saying a lot of nice things they have never said in the last 20 years about Iraq...I don't think that is the criteria anymore. The sky is the limit.
10-24-2023 Intel Guru MarkZ [via PDK] While digging for news on timing…all I am getting is circle-tel. Some of my better sources keep telling me “soon”...not yet, but extremely soon...There is so much disinformation right now to keep the timing clouded...stay calm…Yes sources say its soon…far closer than we think...
10-24-2023 Newshound/Intel Guru Walkingstick They never had a budget before. Now to have three in a row? A three-year budget does not work with a program rate...Based on what you're seeing this monetary reform is really developing well.
10-24-2023 Newshound Guru Militia Man Recently we showed that the World Trade Organization is talking about full ascension in the 4th quarter. We are in it. They didn't say what day. They just said we're doing it...It's coming to fruition. It's pretty good.
10-24-2023 Guru Nader From The Mid East I believe it's going to get higher. I believe it's going to be 3 to 1...but we don't know.
10-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about the Iraqi Development Fund that is inside of the budget...They keep talking about the budget, what's in it and the development fund is what's key. FRANK: Profound...the Development Fund is what's going to fund the budget. This development fund is the new exchange rate. They're talking about it because they're talking about the exchange rate...What they're talking about is you have a new exchange rate that is coming for everything to work...
10-24-2023 Newshound Guru Pimpy Article: "Iraq recovers $70 million smuggled into Switzerland" Remember I spoke about this before that there's a lot of unaccounted for Iraqi dinar that's somewhere. It's considered stolen. So before they do any kind of RV or major RI they have to make sure to account for as much of it as possible to make sure when they do this they're not enriching some terrorist group...This is great news. That's a huge chunk of money they got from over there in Switzerland. Let's hope they continue to recover it all. The sooner the better.
10-24-2023 Intel Guru MarkZ [via PDK] Comment: Wells Fargo keep running Wealth Management commercials instead of banking! MarkZ: It’s almost like they know somethings coming…lol. The economy is tanking and people are out of money yet they are opening Wealth Management locations… Many banks are opening Wealth Management centers in a time where there is not much wealth. Makes you scratch your head. There is a lot going on in the financial world telling us how close we are….
10-24-2023 Newshound Guru Clare Article: "Iraqi Integrity announces the recovery of more than $70 million from a Swiss bank"
10-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guys says corruption is still the major holdup right now but even Sudani was on the news saying for parliament to stop calling out Alaq. He's saying the parliament members are the problem...
10-24-2023 Intel Guru yada The borders are now connected with the main account to manage it digitally. That is the difference between then and now. Corruption is nipped in the bud so no more theft and Baghdad will control all the revenue...Considering they have to get it right. Looking at what they’ve done of late, the release, to me, is done it’s now a matter of going international.
10-24-2023 Intel Guru MarkZ [via PDK] ...I spoke to some people that are key to this process and they say it has not started yet. The groundwork is done but the trigger has not been pulled yet. I think we are in the last few weeks of this thing...My gut says 2-3 days…or a week to a week in a half…but, I am waiting to get some confirmations on that. Real confirmations from high and credible sources...no one knows the exact date. It’s going to be a complete surprise to all of us the moment it goes...
10-24-2023 Intel Guru Frank26 Question: "Does the Iraqi dinar have to stop at one penny above the Kuwait dinar?" Not anymore IMO. The reason why is because...you have Kumbaya. You have working relationships. You got Kuwait saying a lot of nice things they have never said in the last 20 years about Iraq...I don't think that is the criteria anymore. The sky is the limit.
10-24-2023 Intel Guru MarkZ [via PDK] While digging for news on timing…all I am getting is circle-tel. Some of my better sources keep telling me “soon”...not yet, but extremely soon...There is so much disinformation right now to keep the timing clouded...stay calm…Yes sources say its soon…far closer than we think...
10-24-2023 Newshound/Intel Guru Walkingstick They never had a budget before. Now to have three in a row? A three-year budget does not work with a program rate...Based on what you're seeing this monetary reform is really developing well.
10-24-2023 Newshound Guru Militia Man Recently we showed that the World Trade Organization is talking about full ascension in the 4th quarter. We are in it. They didn't say what day. They just said we're doing it...It's coming to fruition. It's pretty good.
10-24-2023 Guru Nader From The Mid East I believe it's going to get higher. I believe it's going to be 3 to 1...but we don't know.
10-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is talking about the Iraqi Development Fund that is inside of the budget...They keep talking about the budget, what's in it and the development fund is what's key. FRANK: Profound...the Development Fund is what's going to fund the budget. This development fund is the new exchange rate. They're talking about it because they're talking about the exchange rate...What they're talking about is you have a new exchange rate that is coming for everything to work...
10-24-2023 Newshound Guru Pimpy Article: "Iraq recovers $70 million smuggled into Switzerland" Remember I spoke about this before that there's a lot of unaccounted for Iraqi dinar that's somewhere. It's considered stolen. So before they do any kind of RV or major RI they have to make sure to account for as much of it as possible to make sure when they do this they're not enriching some terrorist group...This is great news. That's a huge chunk of money they got from over there in Switzerland. Let's hope they continue to recover it all. The sooner the better.
10-24-2023 Intel Guru MarkZ [via PDK] Comment: Wells Fargo keep running Wealth Management commercials instead of banking! MarkZ: It’s almost like they know somethings coming…lol. The economy is tanking and people are out of money yet they are opening Wealth Management locations… Many banks are opening Wealth Management centers in a time where there is not much wealth. Makes you scratch your head. There is a lot going on in the financial world telling us how close we are….
10-24-2023 Newshound Guru Clare Article: "Iraqi Integrity announces the recovery of more than $70 million from a Swiss bank"
10-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guys says corruption is still the major holdup right now but even Sudani was on the news saying for parliament to stop calling out Alaq. He's saying the parliament members are the problem...
10-24-2023 Intel Guru yada The borders are now connected with the main account to manage it digitally. That is the difference between then and now. Corruption is nipped in the bud so no more theft and Baghdad will control all the revenue...Considering they have to get it right. Looking at what they’ve done of late, the release, to me, is done it’s now a matter of going international.
10-24-2023 Intel Guru MarkZ [via PDK] ...I spoke to some people that are key to this process and they say it has not started yet. The groundwork is done but the trigger has not been pulled yet. I think we are in the last few weeks of this thing...My gut says 2-3 days…or a week to a week in a half…but, I am waiting to get some confirmations on that. Real confirmations from high and credible sources...no one knows the exact date. It’s going to be a complete surprise to all of us the moment it goes...
10-23-2023 Newshound Guru Militia Man This stuff that I bring to you is not pie-in-the-sky. It's phenomenal stuff. So get ready we're about ready to see some fireworks. That's my hope.
10-23-2023 Newshound Guru Pimpy People keep asking me, 'In your opinion Pimpy are we going to see a change in the exchange rate before the end of the year?' I say no but if we do it's not going to be very significant. If anything you might see it go from 1320 down to maybe 1,200. It's at least a step in the right direction and I'll take it...I don't care how small it is just as long as they're doing something with the current exchange rate. Baby steps that's fine. [NOTE: Going "down" from 1320 to 1200 is good for dinar investors.]
10-23-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-23-2023 Intel Guru MarkZ [via PDK] Its quiet on all fronts today…Quiet is not a bad thing. The sheer volume of misinformation things being dropped right now tell us important things…like how they are trying to cloud the timing.
10-23-2023 Newshound Guru Desert Advisor Article: "Iraq allows transactions in Chinese yuan as it seeks to avoid US restrictions on use of the dollar" that's a big deal. They're getting away from the US dollar... Quote "The decision came after the return of an Iraqi delegation from a visit...to Washington" They got approval from Washington it seems...They banned people from dealing in US dollars also [in their local markets], another big move...they don't want to use he dollar anymore.
10-23-2023 Intel Guru Frank26 When you ask when is it going to happen... ask how is the cleaning going. How is the removal of Iran...eradicating the smuggling going. That's what we want to know. Nothing else. Because once the atmosphere is suitable you're going to get what you want. You're never going to get rid of the cockroaches but you can definitely control them. That's what's happening right now - corruption is being controlled, it's being cleaned up.
10-23-2023 Newshound Guru Militia Man If they're going to go from 1310 to something different...likely to get into the international world with a Fair Effective Exchange Rate there's going to be a major change to the commercial system ...Obviously he's [Alaq] talking about changing the commercial system. So something has to change and what we think that is...is their exchange rate.
10-23-2023 Newshound Guru Pimpy They need to 100% de-dollarize. And I mean all markets with stiff penalties. We understand they have to do it [Use the dollar] when they're doing sales of oil but everything else stiff penalties. Nobody else is allowed to use US dollars. I wouldn't even sell them to the locals. There's always going to be a black market. You have countries under sanctions like Iran, Turkey Syria all under sanctions by the United States and they want US dollars. This is a poor predicament Iraq is in but they need to do something...
10-23-2023 Guru Nader From The Mid East Article: "The governor of the Central Bank Ali Al-Alaq...considered the process of stabling the dinar exchange rate against the dollar as a big operation that requires changes to the Iraqi commercial system...This came in a speech during the first annual banking conference hosted by the city of Erbil under the slogan The Banking Sector Opportunities for Advancement and the Future of International Companies."
10-23-2023 Newshound Guru Clare Article: "The US State Department statement pushes the state administration coalition to an “important” meeting at Al-Maliki’s house"
10-23-2023 Intel Guru MarkZ [via PDK] Comment: lot of rumors about dinar going to 1000? MarkZ: The 1000 to 1 always made sense to me…then they quickly pull the big revaluation right after…but there are rumors around the streets…even though its been very quiet in Iraq. Right now getting any news over there is like pulling teeth from a grizzly bear with no anesthesia…but it is pointing toward they already did that his weekend in Iraq. We are watching for that. If its accurate…then BAM.
10-23-2023 Newshound Guru Pimpy This is not what you want, our own government to be so concerned about the actions of Iraq that they would be forced to do this. Article: "Washington directed the departure of the family of its diplomats and non-essential staff from Iraq and not to use Baghdad airport" That's not good. We need for Iraq to say out of conflict of any kind...Unfortunately there are Iranian backed politicians therefore they're going to be involved...
10-23-2023 Intel Guru Wolverine ...Iraqi Rate is going to 1000, next is 1:1, then the CBI will give an In Country Rate, followed by an International Rate approved by the US. ...The unlock codes arrived on Fri. 20 Oct. from the World Bank.
10-23-2023 Newshound Guru CandyKisses Article: "International and international pressure to pass the oil and gas law" Quote: "The Prime Minister's financial adviser, Mazer Mohammed Saleh, confirmed in a press statement that accelerating the approval of the federal oil and gas project law in the House of Representatives as soon as possible will establish a stable national road map for investment and production for the country's main sovereign resource, which is oil and gas."
10-23-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-23-2023 Newshound Guru Pimpy People keep asking me, 'In your opinion Pimpy are we going to see a change in the exchange rate before the end of the year?' I say no but if we do it's not going to be very significant. If anything you might see it go from 1320 down to maybe 1,200. It's at least a step in the right direction and I'll take it...I don't care how small it is just as long as they're doing something with the current exchange rate. Baby steps that's fine. [NOTE: Going "down" from 1320 to 1200 is good for dinar investors.]
10-23-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-23-2023 Intel Guru MarkZ [via PDK] Its quiet on all fronts today…Quiet is not a bad thing. The sheer volume of misinformation things being dropped right now tell us important things…like how they are trying to cloud the timing.
10-23-2023 Newshound Guru Desert Advisor Article: "Iraq allows transactions in Chinese yuan as it seeks to avoid US restrictions on use of the dollar" that's a big deal. They're getting away from the US dollar... Quote "The decision came after the return of an Iraqi delegation from a visit...to Washington" They got approval from Washington it seems...They banned people from dealing in US dollars also [in their local markets], another big move...they don't want to use he dollar anymore.
10-23-2023 Intel Guru Frank26 When you ask when is it going to happen... ask how is the cleaning going. How is the removal of Iran...eradicating the smuggling going. That's what we want to know. Nothing else. Because once the atmosphere is suitable you're going to get what you want. You're never going to get rid of the cockroaches but you can definitely control them. That's what's happening right now - corruption is being controlled, it's being cleaned up.
10-23-2023 Newshound Guru Militia Man If they're going to go from 1310 to something different...likely to get into the international world with a Fair Effective Exchange Rate there's going to be a major change to the commercial system ...Obviously he's [Alaq] talking about changing the commercial system. So something has to change and what we think that is...is their exchange rate.
10-23-2023 Newshound Guru Pimpy They need to 100% de-dollarize. And I mean all markets with stiff penalties. We understand they have to do it [Use the dollar] when they're doing sales of oil but everything else stiff penalties. Nobody else is allowed to use US dollars. I wouldn't even sell them to the locals. There's always going to be a black market. You have countries under sanctions like Iran, Turkey Syria all under sanctions by the United States and they want US dollars. This is a poor predicament Iraq is in but they need to do something...
10-23-2023 Guru Nader From The Mid East Article: "The governor of the Central Bank Ali Al-Alaq...considered the process of stabling the dinar exchange rate against the dollar as a big operation that requires changes to the Iraqi commercial system...This came in a speech during the first annual banking conference hosted by the city of Erbil under the slogan The Banking Sector Opportunities for Advancement and the Future of International Companies."
10-23-2023 Newshound Guru Clare Article: "The US State Department statement pushes the state administration coalition to an “important” meeting at Al-Maliki’s house"
10-23-2023 Intel Guru MarkZ [via PDK] Comment: lot of rumors about dinar going to 1000? MarkZ: The 1000 to 1 always made sense to me…then they quickly pull the big revaluation right after…but there are rumors around the streets…even though its been very quiet in Iraq. Right now getting any news over there is like pulling teeth from a grizzly bear with no anesthesia…but it is pointing toward they already did that his weekend in Iraq. We are watching for that. If its accurate…then BAM.
10-23-2023 Newshound Guru Pimpy This is not what you want, our own government to be so concerned about the actions of Iraq that they would be forced to do this. Article: "Washington directed the departure of the family of its diplomats and non-essential staff from Iraq and not to use Baghdad airport" That's not good. We need for Iraq to say out of conflict of any kind...Unfortunately there are Iranian backed politicians therefore they're going to be involved...
10-23-2023 Intel Guru Wolverine ...Iraqi Rate is going to 1000, next is 1:1, then the CBI will give an In Country Rate, followed by an International Rate approved by the US. ...The unlock codes arrived on Fri. 20 Oct. from the World Bank.
10-23-2023 Newshound Guru CandyKisses Article: "International and international pressure to pass the oil and gas law" Quote: "The Prime Minister's financial adviser, Mazer Mohammed Saleh, confirmed in a press statement that accelerating the approval of the federal oil and gas project law in the House of Representatives as soon as possible will establish a stable national road map for investment and production for the country's main sovereign resource, which is oil and gas."
10-23-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-22-2023 Newshound Guru Pimpy I don't think the government gives a crap about dinar holders because...the average dinar holder holds 250,000 dinars. That's it. Sure if an RV happened tomorrow there would be a lot of rich people but just think about a lot of those lotto winners, they win all this money and then all of a sudden they lose it all within the year. Most people would spend it quickly. It would give a huge jump to our economy and they don't care because the money would just go right back to them. I don't think they care that much...
10-22-2023 Newshound Guru Desert Advisor Article: "Iraq to end all dollar cash withdrawal by jan. 1 2024, central-bank official say" They're not allowing dollars to be taken out of banks anymore. That's pretty big news.
10-22-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-22-2023 Newshound Guru Sandy Ingram Article: "Iraq to end all dollar cash withdrawals by Jan. 1 2024 - Central Bank official". Iraq is back on track...starting January 1, 2024. The Central Bank of Iraq will only do banking with Iraqi citizens using the Iraqi dinar...
10-22-2023 Newshound Guru Pimpy There's a lot of confusion about whether these banks in Iraq are on sanction and how it is affecting the exchange rate. Article: "The Reality of US 'Sanctions' on Iraqi Banks" ...I've seen articles where they say these banks are under sanctions but if you go to the official website they're not listed there so it's like a gray area. They're under sanctions but they're not officially under sanctions. It's like putting them in a 'time-out' is what it is.
10-22-2023 Newshound Guru Militia Man Article quote: "The decision to collect fees in Iraqi dinars at border crossings is an important decision aimed at preserving the hard currency and also straightening the Iraqi dinar" They have a goal of stop using the dollar and using the Iraqi dinar at the customs borders. Everybody should be clicking their ruby slippers because that's going to be a lot money. A lot of revenues are going to come through those borders. Quote: "Any party that does not adhere to this decision will be subject to punishment." They're getting strict.
10-22-2023 Intel Guru Frank26 Major powerful countries are coming into Iraq. It's going to effect their currency exchange rate. More than anything else it will rocket their float and that when you have to be very astute. Watch it...You've got to watch the rate in the float. Know when to hold'm and know when to fold'm. Know when to backoff.
10-22-2023 Newshound Guru Samson Article: "Al-Alaq stresses the importance of achieving stability in the dollar price and the necessity of changes in the trade system"
10-22-2023 Newshound Guru Pimpy The beginning of January there will be no more use of the US dollar, that should be a major plus for the Iraqi dinar. It shouldn't take very long after that and we should start seeing some increases in the Iraqi dinar exchange rate.
10-22-2023 Intel Guru MarkZ [via PDK] There are some interesting articles from Iraq. “Teachers in Iraqi Kurdistan strike over delayed salaries” This is all part of the HCL stuff and the money that is supposed to be flowing to the Kurdish region. They have a urgent need to get this thing done so they can meet their obligations and take care of their people. This new government over there does care about their people and they are working hard to fix things…
10-22-2023 Intel Guru Bruce [via WiserNow] When it comes to the currencies that we know about, things are moving along nicely with those. They're trading upward. We know that the Dinar is continuing to do well. Dong has been up and down...it's really good to see these things taking place.
10-22-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-22-2023 Newshound Guru Desert Advisor Article: "Iraq to end all dollar cash withdrawal by jan. 1 2024, central-bank official say" They're not allowing dollars to be taken out of banks anymore. That's pretty big news.
10-22-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-22-2023 Newshound Guru Sandy Ingram Article: "Iraq to end all dollar cash withdrawals by Jan. 1 2024 - Central Bank official". Iraq is back on track...starting January 1, 2024. The Central Bank of Iraq will only do banking with Iraqi citizens using the Iraqi dinar...
10-22-2023 Newshound Guru Pimpy There's a lot of confusion about whether these banks in Iraq are on sanction and how it is affecting the exchange rate. Article: "The Reality of US 'Sanctions' on Iraqi Banks" ...I've seen articles where they say these banks are under sanctions but if you go to the official website they're not listed there so it's like a gray area. They're under sanctions but they're not officially under sanctions. It's like putting them in a 'time-out' is what it is.
10-22-2023 Newshound Guru Militia Man Article quote: "The decision to collect fees in Iraqi dinars at border crossings is an important decision aimed at preserving the hard currency and also straightening the Iraqi dinar" They have a goal of stop using the dollar and using the Iraqi dinar at the customs borders. Everybody should be clicking their ruby slippers because that's going to be a lot money. A lot of revenues are going to come through those borders. Quote: "Any party that does not adhere to this decision will be subject to punishment." They're getting strict.
10-22-2023 Intel Guru Frank26 Major powerful countries are coming into Iraq. It's going to effect their currency exchange rate. More than anything else it will rocket their float and that when you have to be very astute. Watch it...You've got to watch the rate in the float. Know when to hold'm and know when to fold'm. Know when to backoff.
10-22-2023 Newshound Guru Samson Article: "Al-Alaq stresses the importance of achieving stability in the dollar price and the necessity of changes in the trade system"
10-22-2023 Newshound Guru Pimpy The beginning of January there will be no more use of the US dollar, that should be a major plus for the Iraqi dinar. It shouldn't take very long after that and we should start seeing some increases in the Iraqi dinar exchange rate.
10-22-2023 Intel Guru MarkZ [via PDK] There are some interesting articles from Iraq. “Teachers in Iraqi Kurdistan strike over delayed salaries” This is all part of the HCL stuff and the money that is supposed to be flowing to the Kurdish region. They have a urgent need to get this thing done so they can meet their obligations and take care of their people. This new government over there does care about their people and they are working hard to fix things…
10-22-2023 Intel Guru Bruce [via WiserNow] When it comes to the currencies that we know about, things are moving along nicely with those. They're trading upward. We know that the Dinar is continuing to do well. Dong has been up and down...it's really good to see these things taking place.
10-22-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-21-2023 Newshound Guru Militia Man When people say there's not too much progress going on - well some of these things take a long time to put together and most of them are coming into fruition as we speak.
10-21-2023 Intel Guru Frank26 Question "Many years ago Dr. Shabibi said the dinar would be able to support it up to $16. Would that still be true for the RI?" No, it's far past that but it would be illogical to come out at $16 or $28 or whatever. You need that margin for the float. You don't need it to show off. That's what Kuwait did and they realized their mistake...The next day
they brought it back down very quickly. It gave a window for sharks and whales...and they made massive amount of money. Obviously it was done on purpose. And obviously the IMF doesn't allow that to happen again.
10-21-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-21-2023 Newshound Guru Pimpy Humanitarian projects...800#s, numbers on the back screens, somebody with magical codes, redemption centers, all that is bull shit...I'm not saying I don't want to do one [humanitarian project] but I'm saying it's not a prerequisite to exchange your dinars...I encourage people to do humanitarian projects...You don't have to do a humanitarian project...but there's going to be an overwhelming feeling to want to do humanitarian projects as soon as it happens...
10-21-2023 Newshound Guru Breitling Look at the opportunity for Iraq. They're saying, 'Hey, we need to sell energy in these other currencies.' The United States is like 'No problem. We don't care. We're expanding our markets anyways.' There might have been in the past a situation where if Iraq sold energy in other currencies that we lost market share. But that's not the case coming down the road...Iraq...figured out a plan to go forward to be able to sell to as many customers as possible. That's how they want to add value to the currency is taking that route. It's good for the United States. It's good for Iraq...
10-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's a restaurant coming into Iraq. It's called Johnny Rockets. It's a burger join. FRANK: I told you the whole world is pouring in...When you stop and think about it, those places that are coming into your country, they're either stupid or they know exactly what the monetary reform is about to do for them and you Iraqi citizens...
10-21-2023 Newshound Guru Pimpy I still think over the next couple 3 years you're going to see the dinar continue to go up in increments but you're not going to see any real major changes until...they get off sanctions. That's one thing, we also want alternatives to revenue generating other than oil...Iraq is headed in the right direction.
10-21-2023 Newshound Guru Sandy Ingram IQD investors outside of Iraq may have difficulty exchanging the currency. Why? Because we will not have access to IQD banking. 2. The IQD may not be available on the Forex market thus not exchangeable by US banks...In other words it is not beyond the US Federal Bank to help Iraq come up with a plan that could exclude individuals with Iraqi dinar but include different countries around the world...If we do not address this issue there is a real possibility we may have difficulty exchanging the IQD for the USD. [Note: Be sure you're on the Dinar Guru Alert list to stay informed about possible exchange procedure updates. Blue box at top of this page...it's free.]
10-21-2023 Newshound Guru Militia Man Iraqi-Saudi coordination council has played a major role with their bilateral relations. Iraq is doing a good job. If you've noticed in the news, Iraq is a mediator. It's almost like the Switzerland of the Middle East. Kudos to Al-Sudani...
10-21-2023 Intel Guru Frank26 The goal is to get to 1 to 1 for what reason? To add purchasing power. There is the key, to add purchasing power to the currency of Iraq. I didn't say the Iraqi citizens are going to get rich. I said to add purchasing power to buy good and services with their currency...
10-21-2023 Newshound Guru Pimpy I missed this one when it first came out. Reuters Article: "Exclusive: Iraq to end all dollar cash withdrawals by Jan 1, 2024, central-bank official says" We should see how this affects the value of the Iraqi dinar. I have a feeling come 2024 we're going to start seeing those increments happen. There' not going to be large but at least they're going to be heading in the right direction. Stopping the use of the US dollar is a major step towards strengthening the Iraqi dinar.
10-21-2023 Intel Guru Bruce [via WiserNow] ...we heard that once the currency sellers stopped being able to sell...It was our turn...what is remarkable about this, we have three confirmations so far from currency sellers, that they have been advised that they are no longer to sell these currencies that we have - which is dinar - Dong...there's a bunch of others that are going up in value...they are no longer able to sell those after 11:59pm [last] night - Friday night...Central time...Then all those currency sales will be shut off...that's great news for us because I think that sets the bar for us to get started.
10-21-2023 Intel Guru MarkZ [via PDK] There is still lots of chatter out of Iraq…there is a huge project that is underway right now as they look to fix their housing crisis. “Bismayah New City” This is part of the national housing program …massive new city about 10 miles north of Baghdad. Huge project and they have already broken ground. Where is this money coming from? How are they planning the potential 600,000 population city with houses, high rises, entertainment…you name it? It’s clear Iraq is planning for prosperity. They are going to need a new exchange rate to justify this city…imo.
10-21-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-21-2023 Intel Guru Frank26 Question "Many years ago Dr. Shabibi said the dinar would be able to support it up to $16. Would that still be true for the RI?" No, it's far past that but it would be illogical to come out at $16 or $28 or whatever. You need that margin for the float. You don't need it to show off. That's what Kuwait did and they realized their mistake...The next day
they brought it back down very quickly. It gave a window for sharks and whales...and they made massive amount of money. Obviously it was done on purpose. And obviously the IMF doesn't allow that to happen again.
10-21-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-21-2023 Newshound Guru Pimpy Humanitarian projects...800#s, numbers on the back screens, somebody with magical codes, redemption centers, all that is bull shit...I'm not saying I don't want to do one [humanitarian project] but I'm saying it's not a prerequisite to exchange your dinars...I encourage people to do humanitarian projects...You don't have to do a humanitarian project...but there's going to be an overwhelming feeling to want to do humanitarian projects as soon as it happens...
10-21-2023 Newshound Guru Breitling Look at the opportunity for Iraq. They're saying, 'Hey, we need to sell energy in these other currencies.' The United States is like 'No problem. We don't care. We're expanding our markets anyways.' There might have been in the past a situation where if Iraq sold energy in other currencies that we lost market share. But that's not the case coming down the road...Iraq...figured out a plan to go forward to be able to sell to as many customers as possible. That's how they want to add value to the currency is taking that route. It's good for the United States. It's good for Iraq...
10-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's a restaurant coming into Iraq. It's called Johnny Rockets. It's a burger join. FRANK: I told you the whole world is pouring in...When you stop and think about it, those places that are coming into your country, they're either stupid or they know exactly what the monetary reform is about to do for them and you Iraqi citizens...
10-21-2023 Newshound Guru Pimpy I still think over the next couple 3 years you're going to see the dinar continue to go up in increments but you're not going to see any real major changes until...they get off sanctions. That's one thing, we also want alternatives to revenue generating other than oil...Iraq is headed in the right direction.
10-21-2023 Newshound Guru Sandy Ingram IQD investors outside of Iraq may have difficulty exchanging the currency. Why? Because we will not have access to IQD banking. 2. The IQD may not be available on the Forex market thus not exchangeable by US banks...In other words it is not beyond the US Federal Bank to help Iraq come up with a plan that could exclude individuals with Iraqi dinar but include different countries around the world...If we do not address this issue there is a real possibility we may have difficulty exchanging the IQD for the USD. [Note: Be sure you're on the Dinar Guru Alert list to stay informed about possible exchange procedure updates. Blue box at top of this page...it's free.]
10-21-2023 Newshound Guru Militia Man Iraqi-Saudi coordination council has played a major role with their bilateral relations. Iraq is doing a good job. If you've noticed in the news, Iraq is a mediator. It's almost like the Switzerland of the Middle East. Kudos to Al-Sudani...
10-21-2023 Intel Guru Frank26 The goal is to get to 1 to 1 for what reason? To add purchasing power. There is the key, to add purchasing power to the currency of Iraq. I didn't say the Iraqi citizens are going to get rich. I said to add purchasing power to buy good and services with their currency...
10-21-2023 Newshound Guru Pimpy I missed this one when it first came out. Reuters Article: "Exclusive: Iraq to end all dollar cash withdrawals by Jan 1, 2024, central-bank official says" We should see how this affects the value of the Iraqi dinar. I have a feeling come 2024 we're going to start seeing those increments happen. There' not going to be large but at least they're going to be heading in the right direction. Stopping the use of the US dollar is a major step towards strengthening the Iraqi dinar.
10-21-2023 Intel Guru Bruce [via WiserNow] ...we heard that once the currency sellers stopped being able to sell...It was our turn...what is remarkable about this, we have three confirmations so far from currency sellers, that they have been advised that they are no longer to sell these currencies that we have - which is dinar - Dong...there's a bunch of others that are going up in value...they are no longer able to sell those after 11:59pm [last] night - Friday night...Central time...Then all those currency sales will be shut off...that's great news for us because I think that sets the bar for us to get started.
10-21-2023 Intel Guru MarkZ [via PDK] There is still lots of chatter out of Iraq…there is a huge project that is underway right now as they look to fix their housing crisis. “Bismayah New City” This is part of the national housing program …massive new city about 10 miles north of Baghdad. Huge project and they have already broken ground. Where is this money coming from? How are they planning the potential 600,000 population city with houses, high rises, entertainment…you name it? It’s clear Iraq is planning for prosperity. They are going to need a new exchange rate to justify this city…imo.
10-21-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq is on TV. He says it's simple - The dollar exchange is high due to the black market. Period. End of discussion. However he says the end of the black market will be seen and there's no truth to Iraq printing a new currency. That is totally untrue. We have what we need. We have reserves to back up the dinar and when the black market is dealt with the exchange area will be stable.
10-20-2023 Newshound Guru Pimpy My concern at the moment is whether or not Al-Sudani is going to be able to keep Iraq out of the middle of the crap that's going on over there...95% of the people around the world just want peace and to live and do their own thing...As far as Iraq and dinar is concerned, as long as they stay out of trouble and don't get involved then they should be just fine.
10-20-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-20-2023 Intel Guru MarkZ [via PDK] In Iraq: “Barzoni and the CBI Governor discuss economic cooperation” It was great to see this article come out today. This is a feel good article on how much has been accomplished. I am also getting reports from a finance ministry contact in Iraq that things are exceptionally good right now between Barzoni and the government of Iraq. So this is fantastic.
10-20-2023 Intel Guru RayRen98 [via Babysmom] FRIDAY UPDATES "LOOKS LIKE THE " WINDOW" JUST GOT SHORTER...AND SHORTER AND SHORTER!!! TIME WILL DEFINITELY TELL!!!" ..."HAVEN'T HEARD FROM BANKS YET (THEY'RE STILL QUIET) BUT THREE LETTER FOLKS ARE EXCITED BOUT SUMPTIM" $$$...
10-20-2023 Newshound Guru Kaperoni Yes Iraq is a fairly wealthy country. In fact, probably the 9th country in the world in terms of natural resources and wealth. But there can never be a significant RV of the Iraqi dinar with that much currency in circulation.
10-20-2023 Newshound/Intel Guru Walkingstick Everything is there for the citizens concerning the monetary reform. Everything is in its position. Everything is ready to go. They may be waiting for more Iraqi citizens to open bank accounts...maybe they're waiting for more accounts to open up because that's how they're going to deliver the HCL.
10-20-2023 Intel Guru MarkZ [via PDK] Question: Rumor has it that currency dealers have been notified to stop selling currency after 11:59 CST. Any idea if this is accurate at all? MarkZ: I was told they would stop selling right before the RV…of course they can change the wording and maybe slow down if they think it’s really close.
10-20-2023 Newshound Guru Militia Man They've increased the interest rate to encourage citizens to save their money. They're going to be paying 7.5%... What's the main goal here? I think what they're really trying to do is to get large amounts of money off the street...mattress money is what they call it. They're still trying to get that money in...
10-20-2023 Intel Guru Frank26 Article: "Thwarting the smuggling of $400,000 out of the country of Baghdad Airport" Corruption...smuggling...that's what it's all about. That's the #1 issue. That's how you're gonna get what you want...This was a huge massive corruption cleanup for the new exchange rate to come out with security and stability. It's that simple. This is not rocket science. This is not complicated...There's only one thing happening right now. Sudani is cleaning the floor of the CBI from the corruption of these horrible people...
10-20-2023 Intel Guru Bruce Currency Sellers have been advised they were no longer able to sell currencies after 11:59 pm Fri. night 20 Oct. Central Daylight time. Once the Currency Sellers stopped being able to sell, Tier4b (us, the Internet Group) would go. The optimal time we could be notified was Sat. morning 21 Oct.
10-20-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-20-2023 Newshound Guru Pimpy Article: "Iraq to charge Customs Duties/Taxes "Exclusively in Iraqi Dinars" This is awesome. There we go - De-dollarizing, heading in the right direction.
10-20-2023 Intel Guru MarkZ [via PDK] We were warned that we would see rough things before it happened and we are…I firmly believe we are much closer than it appears. ...they could just pull the trigger at any time.
10-20-2023 Newshound Guru Pimpy My concern at the moment is whether or not Al-Sudani is going to be able to keep Iraq out of the middle of the crap that's going on over there...95% of the people around the world just want peace and to live and do their own thing...As far as Iraq and dinar is concerned, as long as they stay out of trouble and don't get involved then they should be just fine.
10-20-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-20-2023 Intel Guru MarkZ [via PDK] In Iraq: “Barzoni and the CBI Governor discuss economic cooperation” It was great to see this article come out today. This is a feel good article on how much has been accomplished. I am also getting reports from a finance ministry contact in Iraq that things are exceptionally good right now between Barzoni and the government of Iraq. So this is fantastic.
10-20-2023 Intel Guru RayRen98 [via Babysmom] FRIDAY UPDATES "LOOKS LIKE THE " WINDOW" JUST GOT SHORTER...AND SHORTER AND SHORTER!!! TIME WILL DEFINITELY TELL!!!" ..."HAVEN'T HEARD FROM BANKS YET (THEY'RE STILL QUIET) BUT THREE LETTER FOLKS ARE EXCITED BOUT SUMPTIM" $$$...
10-20-2023 Newshound Guru Kaperoni Yes Iraq is a fairly wealthy country. In fact, probably the 9th country in the world in terms of natural resources and wealth. But there can never be a significant RV of the Iraqi dinar with that much currency in circulation.
10-20-2023 Newshound/Intel Guru Walkingstick Everything is there for the citizens concerning the monetary reform. Everything is in its position. Everything is ready to go. They may be waiting for more Iraqi citizens to open bank accounts...maybe they're waiting for more accounts to open up because that's how they're going to deliver the HCL.
10-20-2023 Intel Guru MarkZ [via PDK] Question: Rumor has it that currency dealers have been notified to stop selling currency after 11:59 CST. Any idea if this is accurate at all? MarkZ: I was told they would stop selling right before the RV…of course they can change the wording and maybe slow down if they think it’s really close.
10-20-2023 Newshound Guru Militia Man They've increased the interest rate to encourage citizens to save their money. They're going to be paying 7.5%... What's the main goal here? I think what they're really trying to do is to get large amounts of money off the street...mattress money is what they call it. They're still trying to get that money in...
10-20-2023 Intel Guru Frank26 Article: "Thwarting the smuggling of $400,000 out of the country of Baghdad Airport" Corruption...smuggling...that's what it's all about. That's the #1 issue. That's how you're gonna get what you want...This was a huge massive corruption cleanup for the new exchange rate to come out with security and stability. It's that simple. This is not rocket science. This is not complicated...There's only one thing happening right now. Sudani is cleaning the floor of the CBI from the corruption of these horrible people...
10-20-2023 Intel Guru Bruce Currency Sellers have been advised they were no longer able to sell currencies after 11:59 pm Fri. night 20 Oct. Central Daylight time. Once the Currency Sellers stopped being able to sell, Tier4b (us, the Internet Group) would go. The optimal time we could be notified was Sat. morning 21 Oct.
10-20-2023 Get Monthly Income - Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff. Which card do you want in your wallet? Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-20-2023 Newshound Guru Pimpy Article: "Iraq to charge Customs Duties/Taxes "Exclusively in Iraqi Dinars" This is awesome. There we go - De-dollarizing, heading in the right direction.
10-20-2023 Intel Guru MarkZ [via PDK] We were warned that we would see rough things before it happened and we are…I firmly believe we are much closer than it appears. ...they could just pull the trigger at any time.
10-19-2023 Intel Guru Frank26 Alaq and Sudani are doing a good job because I looked at Maliki, Abadi, Kudami I don't see them as the equivalent as Sudani. These three prime ministers...were all bad...
10-19-2023 Newshound Guru Pimpy In Iraq they have the ability IMO to do a controlled free float...People ask me, 'Why doesn't Iraqi dinar free float?' Because it could be very very risky. They could benefit from it. They might go in the right direction. People might think they have something to offer...worth investing into, that they have a bright strong future...which I think Iraq does and I think they could benefit from being on the Forex but they have to have the restrictions removed off their currency...Iraqi dinar is on the local one [Forex]. They're not on the big Forex.
10-19-2023 Newshound Guru Breitling LOP - If they're going to LOP they don't need to shut the dollar off in their country. They don't need to reduce their money supply. They don't need to get rid of the 50 dinar note. They don't need to pass banking laws. They would have said that's what they wanted to do. They said they wanted to add value to their currency and that's it.
10-19-2023 Newshound Guru Militia Man They're going to be building roads, railways, building residential cities, industrial cities...How are they going do that without being Article VIII complaint?
10-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television...CBI governor is saying the reason why there's no funding for the budget instructions is not due to the exchange rate. He's saying it's internal... FRANK: Actually...it's due to the relationship between the dinar and the American dollar that's the exchange rate that they're talking about. Notice they have to clean the floor of the CBI from all terrorism and that's why they're also doing this...The monetary reform plan is moving forward very nicely...
10-19-2023 Intel Guru Bruce [via WiserNow] What we got in report today was all the rates are extremely good. And we know that the dinar came back up on the Forex yesterday and came back up on the streets for trading on forex and on the bank screen today. The rates are very good.
10-19-2023 Newshound Guru Sandy Ingram Iraq has a secret asset many people are not aware of...the ancient city of Babylon is only 54 miles from the capital city of Baghdad. The gold deposits have not changed. The only difference Iraq was busy drilling for oil...It is reported gold production value could someday rival or equal oil production value...This massive amount of gold is still in place in Iraq today. The eastern Baghdad region, the western desert and the Kurdistan area have all been discovered to have enormous gold deposits. Mining operations are currently underway...
10-19-2023 Newshound Guru Pimpy There's still problems with the exchange rate...Right now the solution they've come up with is increasing the interest rates for customers if they deposit their money and leave it there [In a bank]. 7.5% is a pretty good size interest rate if you're going to leave your money in a deposit at your bank. In the past we used to have stuff like that but we don't anymore unfortunately.
10-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying in news that the decision to raise interest rate in Iraq will increase the banking sector. FRANK: The only reason they're talking about raising the interest rate is because your exchange rate is about to go up in value...
10-19-2023 Newshound/Intel Guru Mnt Goat ...we have learned that the global system for the automation and modernization of customs (ACYCUDA) project is making headway. This system will require a link to the international currency exchange to convert rates of currencies between countries for up-to-the-minute rates. The system is planned to take in any international currency not just the US dollar for payments of customs duties and tariffs. With this is a huge plan to make Iraq a central hub for commerce in the middle east and this revenue, as they told us, could rival the oil revenue. This new ACYCUDA system is due to come online when? ...does January 2024 sound familiar?...Just be patient, the reinstatement is coming.
10-19-2023 Intel Guru MarkZ [via PDK] Question: What do you still expect as the rate for the dong? MarkZ: I still expect the low $2 range…$2.25ish. But, most of my sources say it could be more in the $3 dollar range…we shall see.
10-19-2023 Newshound Guru Pimpy In Iraq they have the ability IMO to do a controlled free float...People ask me, 'Why doesn't Iraqi dinar free float?' Because it could be very very risky. They could benefit from it. They might go in the right direction. People might think they have something to offer...worth investing into, that they have a bright strong future...which I think Iraq does and I think they could benefit from being on the Forex but they have to have the restrictions removed off their currency...Iraqi dinar is on the local one [Forex]. They're not on the big Forex.
10-19-2023 Newshound Guru Breitling LOP - If they're going to LOP they don't need to shut the dollar off in their country. They don't need to reduce their money supply. They don't need to get rid of the 50 dinar note. They don't need to pass banking laws. They would have said that's what they wanted to do. They said they wanted to add value to their currency and that's it.
10-19-2023 Newshound Guru Militia Man They're going to be building roads, railways, building residential cities, industrial cities...How are they going do that without being Article VIII complaint?
10-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television...CBI governor is saying the reason why there's no funding for the budget instructions is not due to the exchange rate. He's saying it's internal... FRANK: Actually...it's due to the relationship between the dinar and the American dollar that's the exchange rate that they're talking about. Notice they have to clean the floor of the CBI from all terrorism and that's why they're also doing this...The monetary reform plan is moving forward very nicely...
10-19-2023 Intel Guru Bruce [via WiserNow] What we got in report today was all the rates are extremely good. And we know that the dinar came back up on the Forex yesterday and came back up on the streets for trading on forex and on the bank screen today. The rates are very good.
10-19-2023 Newshound Guru Sandy Ingram Iraq has a secret asset many people are not aware of...the ancient city of Babylon is only 54 miles from the capital city of Baghdad. The gold deposits have not changed. The only difference Iraq was busy drilling for oil...It is reported gold production value could someday rival or equal oil production value...This massive amount of gold is still in place in Iraq today. The eastern Baghdad region, the western desert and the Kurdistan area have all been discovered to have enormous gold deposits. Mining operations are currently underway...
10-19-2023 Newshound Guru Pimpy There's still problems with the exchange rate...Right now the solution they've come up with is increasing the interest rates for customers if they deposit their money and leave it there [In a bank]. 7.5% is a pretty good size interest rate if you're going to leave your money in a deposit at your bank. In the past we used to have stuff like that but we don't anymore unfortunately.
10-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying in news that the decision to raise interest rate in Iraq will increase the banking sector. FRANK: The only reason they're talking about raising the interest rate is because your exchange rate is about to go up in value...
10-19-2023 Newshound/Intel Guru Mnt Goat ...we have learned that the global system for the automation and modernization of customs (ACYCUDA) project is making headway. This system will require a link to the international currency exchange to convert rates of currencies between countries for up-to-the-minute rates. The system is planned to take in any international currency not just the US dollar for payments of customs duties and tariffs. With this is a huge plan to make Iraq a central hub for commerce in the middle east and this revenue, as they told us, could rival the oil revenue. This new ACYCUDA system is due to come online when? ...does January 2024 sound familiar?...Just be patient, the reinstatement is coming.
10-19-2023 Intel Guru MarkZ [via PDK] Question: What do you still expect as the rate for the dong? MarkZ: I still expect the low $2 range…$2.25ish. But, most of my sources say it could be more in the $3 dollar range…we shall see.
10-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying expected changes in the revenues of the 3 budgets. FRANK: Let's translate that into simple language... - There's a change in the revenue ...the exchange rate...your new national currency to replace the 3 zero notes coming. These words are not used in articles today. These words of communication are about the monetary reform are for you Iraqi citizens not for anyone else. Listen to them carefully.
10-18-2023 Newshound Guru Pimpy Al-Sudani has been doing very good about being neutral, as he should. There's no reason for Iraq to get involved in any of the crap. Just keep moving forward. Focus on your people and you should do good. Get all these projects funded. Follow up on it. Make sure people are not stealing money from you like they did in the past. Maintain
relationships with everybody and grow your economy. That in return will grow the Iraq dinar.
10-18-2023 Newshound/Intel Guru Walkingstick The CBI, they don't have to convince you or me that they're going to change the rate. They simply have to convey it to the citizens of Iraq. It must be successful with the citizens. It must not fail with the citizens of Iraq or the whole monetary reform will crumble...they are not trying to gain your trust...they are trying to gain the trust of the Iraqi citizens.
10-18-2023 Newshound Guru Militia Man Their goal is to de-dollarize the country. They've been working on this for a long time. Their job is not to specifically say, 'We're going to change the rate on Thursday of next week.' They're not going to do that. They just will not. I think everybody should understand that by now...
10-18-2023 Intel Guru Bruce [via WiserNow] ...our hope is that we get notified - we set our appointments - and at least start Thursday. That's what I'm hoping that we'll see if that's what manifests... you know guys, we've been awfully close before, or at least we thought it was that case. And now we're at that same point of could it happen? ...So we hope that this is it...
10-18-2023 Intel Guru Frank26 Article: "Iraq raises the interest rate to 7.5%, and the Economic Council is considering increasing the rate" IRAQ RAISES ITS INTEREST RATE... BECAUSE THEY ARE GOING TO RAISE THE VALUE OF THE IQD.
10-18-2023 Newshound Guru Sandy Ingram Article: "Iraq Economy News for 2024, According to the IMF is not Good, Iraq Says Differently" What the IMF is saying is Iraq's economy forecast is leaning towards a negative because countries with currencies pegged to the US dollar, except Iraq's central bank, have followed the US fed's footsteps and adjusting the interest rates accordingly. In other words Iraq did not follow in the footsteps of the Federal Reserve and as a result the IMF sees Iraq's inflation rate at or around 9% in 2024 rather than at 3.5% the the Iraqi minister of planning announced. The 5.5% difference is enough to be concerned about.
10-18-2023 Intel Guru MarkZ [via PDK] ...They are making certain that everything is conducted in dinar from here on out. For government function they can only use dinar…no other currencies... Question: Do we need a new speaker of the house before Iraq can move forward? We are being told that the ball is in Iraq’s court now…so no… Question: ...are we close...just asking for a friend? MarkZ: I think we are close…It certainly feels close.
10-18-2023 Newshound Guru Pimpy Article: "Al-Kadhimi: The decision to increase the interest rate will activate the banking system inside Iraq" Will increasing interest rates on your account to 7.5% draw people in? Heck yeah it will! If a bank did that in American you would see a lot of people run to it... Quote: "The Central bank's decision...falls within banking reform measures... of prime minister Al-Sudani's directives... The decision...will certainly encourage citizens to deposit in banks which will stimulate financial movement...in addition to... reducing the exchange rate of the dollar against the Iraqi dinar." That's really what the goal is...If this doesn't work there's going to be other measures that need to be taken in order for them to do something about closing that gap between the parallel market and the set rate of 1320 dinar.
10-18-2023 Newshound Guru Samson Article: "The Kurdistan Government announces the adoption of the Iraqi dinar instead of the dollar in customs duties"
10-18-2023 Intel Guru Frank26 Parliament is the reason why we don't have a new exchange rate, why we don't have the new small category notes released yet. Parliament is demanding...they know what's going on with the American dollar which is extremely hypocritical. It's not even ironic...it's sickening because they want to know what the problem is. Guess what, they are the problem.
10-18-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better as the months roll on. More and more pieces are put in place for the inevitable revaluation and reinstatement of the dinar. It has become not a matter of “if” these events will occur but “when”.
10-18-2023 Intel Guru MarkZ [via PDK] I think this is an important piece…. ”Iraq raises interest rates to 7.5% and the economic council is considering raising that rate” This is not the borrowing rate…this is the savings rate. They are paying 7.5 percent to get you to put your money in the bank. This does a couple things…it shores up their economy, stabilizes the consumer (not the government but the people) …So in Iraq they are putting the citizen ahead of the government. It also does something else very important. It streamlines any rate changes. With the money in the banks…they are not as worried about the money changers on the street… This makes it easier to do a re-valuation.
10-18-2023 Newshound Guru Pimpy Al-Sudani has been doing very good about being neutral, as he should. There's no reason for Iraq to get involved in any of the crap. Just keep moving forward. Focus on your people and you should do good. Get all these projects funded. Follow up on it. Make sure people are not stealing money from you like they did in the past. Maintain
relationships with everybody and grow your economy. That in return will grow the Iraq dinar.
10-18-2023 Newshound/Intel Guru Walkingstick The CBI, they don't have to convince you or me that they're going to change the rate. They simply have to convey it to the citizens of Iraq. It must be successful with the citizens. It must not fail with the citizens of Iraq or the whole monetary reform will crumble...they are not trying to gain your trust...they are trying to gain the trust of the Iraqi citizens.
10-18-2023 Newshound Guru Militia Man Their goal is to de-dollarize the country. They've been working on this for a long time. Their job is not to specifically say, 'We're going to change the rate on Thursday of next week.' They're not going to do that. They just will not. I think everybody should understand that by now...
10-18-2023 Intel Guru Bruce [via WiserNow] ...our hope is that we get notified - we set our appointments - and at least start Thursday. That's what I'm hoping that we'll see if that's what manifests... you know guys, we've been awfully close before, or at least we thought it was that case. And now we're at that same point of could it happen? ...So we hope that this is it...
10-18-2023 Intel Guru Frank26 Article: "Iraq raises the interest rate to 7.5%, and the Economic Council is considering increasing the rate" IRAQ RAISES ITS INTEREST RATE... BECAUSE THEY ARE GOING TO RAISE THE VALUE OF THE IQD.
10-18-2023 Newshound Guru Sandy Ingram Article: "Iraq Economy News for 2024, According to the IMF is not Good, Iraq Says Differently" What the IMF is saying is Iraq's economy forecast is leaning towards a negative because countries with currencies pegged to the US dollar, except Iraq's central bank, have followed the US fed's footsteps and adjusting the interest rates accordingly. In other words Iraq did not follow in the footsteps of the Federal Reserve and as a result the IMF sees Iraq's inflation rate at or around 9% in 2024 rather than at 3.5% the the Iraqi minister of planning announced. The 5.5% difference is enough to be concerned about.
10-18-2023 Intel Guru MarkZ [via PDK] ...They are making certain that everything is conducted in dinar from here on out. For government function they can only use dinar…no other currencies... Question: Do we need a new speaker of the house before Iraq can move forward? We are being told that the ball is in Iraq’s court now…so no… Question: ...are we close...just asking for a friend? MarkZ: I think we are close…It certainly feels close.
10-18-2023 Newshound Guru Pimpy Article: "Al-Kadhimi: The decision to increase the interest rate will activate the banking system inside Iraq" Will increasing interest rates on your account to 7.5% draw people in? Heck yeah it will! If a bank did that in American you would see a lot of people run to it... Quote: "The Central bank's decision...falls within banking reform measures... of prime minister Al-Sudani's directives... The decision...will certainly encourage citizens to deposit in banks which will stimulate financial movement...in addition to... reducing the exchange rate of the dollar against the Iraqi dinar." That's really what the goal is...If this doesn't work there's going to be other measures that need to be taken in order for them to do something about closing that gap between the parallel market and the set rate of 1320 dinar.
10-18-2023 Newshound Guru Samson Article: "The Kurdistan Government announces the adoption of the Iraqi dinar instead of the dollar in customs duties"
10-18-2023 Intel Guru Frank26 Parliament is the reason why we don't have a new exchange rate, why we don't have the new small category notes released yet. Parliament is demanding...they know what's going on with the American dollar which is extremely hypocritical. It's not even ironic...it's sickening because they want to know what the problem is. Guess what, they are the problem.
10-18-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better as the months roll on. More and more pieces are put in place for the inevitable revaluation and reinstatement of the dinar. It has become not a matter of “if” these events will occur but “when”.
10-18-2023 Intel Guru MarkZ [via PDK] I think this is an important piece…. ”Iraq raises interest rates to 7.5% and the economic council is considering raising that rate” This is not the borrowing rate…this is the savings rate. They are paying 7.5 percent to get you to put your money in the bank. This does a couple things…it shores up their economy, stabilizes the consumer (not the government but the people) …So in Iraq they are putting the citizen ahead of the government. It also does something else very important. It streamlines any rate changes. With the money in the banks…they are not as worried about the money changers on the street… This makes it easier to do a re-valuation.
10-17-2023 Newshound Guru Pimpy All kinds of articles about the exchange rate. And how easy is it to predict when you see a bunch of articles about the exchange rate you got a bunch of people out there...making claims this means they're going to change the exchange rate...I keep telling you guys not to fall for that...Could they increase the Iraqi dinar exchange rate? Of course they could but if you think they're going to do an RI you're sadly mistaken. An RV is possible but not an RI...
10-17-2023 Intel Guru Frank26 I bought my dinars April 2004. I paid $500 and something for a million dinars. Good gosh I think it's more than doubled now. It's almost tripled. So I guess it was a good investment. But that's not what I'm in it for. I'm in it for the long haul. I don't just want to get a first down I want to get a touchdown...
10-17-2023 Intel Guru MarkZ [via PDK] Some...banker rumors…they have been all over the place today…saying anywhere from tomorrow until after the new war is settled... Usually when rumors go kuku-crazy like this it means something is about to happen so I think this is a good thing.
10-17-2023 Newshound Guru Kaperoni I often am asked... what is holding Iraq back? The answer to that is Parliament. Until Iraq passes the needed legislation to develop their economy and encourage foreign investment, the dinar will remain weak.
10-17-2023 Newshound Guru Militia Man When they do direct banking to go international it's not going be at a rate like 1310, it's going to be something that's fair, real effective exchange rate, something similar to that...This is good information. It's phenomenal. Central banks' involved, the appropriate ground has been set for the auction window to leave...
10-17-2023 Newshound Guru Samson Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank"
10-17-2023 Intel Guru MarkZ [via PDK] ...the Iraqi dinar is strengthening and the US dollar is weakening which is what we want to happen.
10-17-2023 Intel Guru Frank26 This is the CBI Article Quote: "The expectations of the Central Bank and specialist is that the exchange rate will return to a stable state but it requires time which we hope will not be long." Man I have read so many good things my mouth feels like sugar! I feel like I have candy in my mouth, sugar cookies. This is from the CBI. This is them talking about the the exchange rate. They tell you don't believe the bull KaKa from those other guys...
10-17-2023 Newshound Guru Pimpy There is a lot of concern in Iraq about the current exchange rate and I understand why. Remember the currency exchange rate really does hamper with their imports. What you want is more purchasing power...
10-17-2023 Newshound Guru Clare Article: "A new statement by the Iraqi Central Governor regarding the dollar exchange rate" Quote: "Today, Monday (October 16, 2023), the Governor of the Central Bank of Iraq, Ali Al-Alaq, identified several factors affecting the dollar exchange rate, the most important of which is the leakage of the dollar to neighboring countries."
10-17-2023 Intel Guru MarkZ [via PDK] ...in Iraq “Sudani receives an official invitation from Sisi to participate on a summit on Gaza” He is a leader of Israel and he wants Iraq there as a calming “voice of reason” in the region. This is Iraq ascending to the world stage and becoming a key, important player. This shows their stability as a nation and leadership in their government. One of the key things we needed for the rv of their currency is stability of their nation. We are seeing this now plus respect from other Arab nations.
10-17-2023 Newshound Guru Samson Article: "The most important of which is the dollar leak. Relationships identify many factors that caused the exchange rate to rise "
10-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying within 2 months the dollar exchange rate will stabilize. FRANK26: Remember they're talking about November and December to get it done by January 1st. That's the time period I believe we're going to see a change because that's what they tell the Iraqi citizens...In order to stabilize the dollar exchange rate you're going to increase the value of the Iraqi dinar.
10-17-2023 Intel/Newshound Guru Babysmom ...WE WON'T KNOW WHAT THE RATES WILL BE UNTIL THE DAY WE EXCHANGE...MOST RECENT ANTICIPATED OPENING RATES AS PER RAY [Guru RayRen98] DONG .47... DINAR 3.81...
10-17-2023 Intel Guru MarkZ [via PDK] Comment: In my opinion Iraq will officially join BRICS by Jan 1st. MarkZ: I agree with you…I think its coming sooner than later. Article: “Iraq ready to join BRICS after banning cash withdrawals in US dollars” This is dated Oct 13th.
10-17-2023 Intel Guru Frank26 I bought my dinars April 2004. I paid $500 and something for a million dinars. Good gosh I think it's more than doubled now. It's almost tripled. So I guess it was a good investment. But that's not what I'm in it for. I'm in it for the long haul. I don't just want to get a first down I want to get a touchdown...
10-17-2023 Intel Guru MarkZ [via PDK] Some...banker rumors…they have been all over the place today…saying anywhere from tomorrow until after the new war is settled... Usually when rumors go kuku-crazy like this it means something is about to happen so I think this is a good thing.
10-17-2023 Newshound Guru Kaperoni I often am asked... what is holding Iraq back? The answer to that is Parliament. Until Iraq passes the needed legislation to develop their economy and encourage foreign investment, the dinar will remain weak.
10-17-2023 Newshound Guru Militia Man When they do direct banking to go international it's not going be at a rate like 1310, it's going to be something that's fair, real effective exchange rate, something similar to that...This is good information. It's phenomenal. Central banks' involved, the appropriate ground has been set for the auction window to leave...
10-17-2023 Newshound Guru Samson Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank"
10-17-2023 Intel Guru MarkZ [via PDK] ...the Iraqi dinar is strengthening and the US dollar is weakening which is what we want to happen.
10-17-2023 Intel Guru Frank26 This is the CBI Article Quote: "The expectations of the Central Bank and specialist is that the exchange rate will return to a stable state but it requires time which we hope will not be long." Man I have read so many good things my mouth feels like sugar! I feel like I have candy in my mouth, sugar cookies. This is from the CBI. This is them talking about the the exchange rate. They tell you don't believe the bull KaKa from those other guys...
10-17-2023 Newshound Guru Pimpy There is a lot of concern in Iraq about the current exchange rate and I understand why. Remember the currency exchange rate really does hamper with their imports. What you want is more purchasing power...
10-17-2023 Newshound Guru Clare Article: "A new statement by the Iraqi Central Governor regarding the dollar exchange rate" Quote: "Today, Monday (October 16, 2023), the Governor of the Central Bank of Iraq, Ali Al-Alaq, identified several factors affecting the dollar exchange rate, the most important of which is the leakage of the dollar to neighboring countries."
10-17-2023 Intel Guru MarkZ [via PDK] ...in Iraq “Sudani receives an official invitation from Sisi to participate on a summit on Gaza” He is a leader of Israel and he wants Iraq there as a calming “voice of reason” in the region. This is Iraq ascending to the world stage and becoming a key, important player. This shows their stability as a nation and leadership in their government. One of the key things we needed for the rv of their currency is stability of their nation. We are seeing this now plus respect from other Arab nations.
10-17-2023 Newshound Guru Samson Article: "The most important of which is the dollar leak. Relationships identify many factors that caused the exchange rate to rise "
10-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying within 2 months the dollar exchange rate will stabilize. FRANK26: Remember they're talking about November and December to get it done by January 1st. That's the time period I believe we're going to see a change because that's what they tell the Iraqi citizens...In order to stabilize the dollar exchange rate you're going to increase the value of the Iraqi dinar.
10-17-2023 Intel/Newshound Guru Babysmom ...WE WON'T KNOW WHAT THE RATES WILL BE UNTIL THE DAY WE EXCHANGE...MOST RECENT ANTICIPATED OPENING RATES AS PER RAY [Guru RayRen98] DONG .47... DINAR 3.81...
10-17-2023 Intel Guru MarkZ [via PDK] Comment: In my opinion Iraq will officially join BRICS by Jan 1st. MarkZ: I agree with you…I think its coming sooner than later. Article: “Iraq ready to join BRICS after banning cash withdrawals in US dollars” This is dated Oct 13th.
10-16-2023 Newshound Guru Pimpy There's no numbers on the back screen, there's no 1-800 number, you don't have to do a so-called humanity project. Don't get me wrong I encourage people to do humanity projects if you come out of this with a ton of money. You should give back and I mean that with all my heart but it's not a requirement in order for you to get this money. You don't have to call no 800 numbers, there's no redemption centers, there's no numbers on the back screen. All that is freaking bull shit...
10-16-2023 Newshound Guru Militia Man Al-Sudani said he's keen on BRICS for all you BRICS lovers but obviously he's not going into BRICS at 1310...
10-16-2023 Intel Guru MarkZ [via PDK] I can confirm that a number of banks are ready…even non redeeming ones. They are seeing lots of rates and rate changes with holds on them. They have been prepped and a number of bank presidents…even on smaller banks…have commented they know it’s coming. They are telling them they have to wait until they get the “go ahead”...A certain regional bank president told me that they expect to be able to exchange within this week...I am hopeful this is accurate...The rest of my banking contacts say they are “on notice” and feel it could happen at any time…any hour…or any minute. And they are prepared for this.
10-16-2023 Intel Guru Frank26 Question: "Does this [Auctions changing/no USD withdrawals in January] mean it will revalue after the 1st of the year?" First of all it's not a revalue...I have said it over a billion times this is an RI, reinstatement ...So what if you have to wait until January? What is the problem?
10-16-2023 Newshound Guru Kaperoni I think it's important for Iraq to transition to Article VIII because with the help of such a large company [JP Morgan] I don't think Iraq will continue to drag their feet. I think they will make those changes when the conditions are met and JP Morgan will be right there with them.
10-16-2023 Newshound Guru Sandy Ingram Article: "35 million lost every day: Shutdown of Iraq-Turkey oil pipeline has hurt stat and oil companies" In total Iraq lost $7 billion USD. Turkey has officially notified Iraq the oil pipeline is ready to be reopened...
10-16-2023 Newshound Guru Pimpy Question: "Please explain what you mean by dirty float." There are different monetary policies that people could put into place to control their exchange rates. A dirty float is a free float with the government's ability to intervene at any time.
10-16-2023 Newshound Guru Clare Article: "Sudanese Advisor: 70% of Iraq’s imports are made with BRICS countries" Quote: "Iraq announced its desire to join the BRICS group, as there is an objective basis related to the connections of the Iraqi economy with the markets of the BRICS group itself, as it reflects the current account of the Iraqi balance of payments with the countries of that economic group, which includes the strongest emerging markets in "The world"
10-16-2023 Intel Guru MarkZ [via PDK] There are a lot of interesting articles on de-dollarization coming out of Iraq. “KRG to collect customs fees in dinar exclusively” This is the Kurdish region in northern Iraq. They have fully jumped on board with the de-dollarization effort. Comment: In Iraq –they took all the dollars out of the ATM’s - dinar only. MarkZ: Yes…it’s all part of the de-dollarization...I can tell you from my sources they agree…and Kuwait did the same thing before they RV'd. Back then all fees and transaction had to also be paid in Kuwaiti dinar. To me this tells us we are circling around the drain on finishing this thing.
10-16-2023 Newshound Guru Militia Man Article: "...Representative have agreed on the importance of passing this law [HCL] because it guarantees the fair distribution of wealth to all Iraqis..." That's everybody in parliament, that's everybody, so I think there isn't going to be anybody that would miss that vote... So why haven't they done it? They have to value that. That's what we're waiting for to see if they have a new valuation for that based off the new international exchange rate...
10-16-2023 Intel Guru Frank26 Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank" [Boots on the ground update] SUPERGIRL'S REPORT [From last week] Quote "We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks."
10-16-2023 Newshound/Intel Guru Mnt Goat Article quote: “We hope that the Central Bank will remain steadfast and independent, stand against pressure and rumors, and continue to implement international standards and prudent measures that will improve and stabilize Iraq’s economy and exchange rate.” Al-Najjar also pointed out...the presence of major corruption within a group of banks and banking companies, which led to smuggle dollars. ...there are elements that do not want the currency reform to be completed since the goose with the golden eggs will end. I assure you it will end and end soon! This corruption will not continue...I know much more of what is going on behind the scenes that I am not telling you and can’t tell you. I know this reinstatement process has to continue to the end and is going to move quickly...
10-16-2023 Newshound Guru Militia Man Al-Sudani said he's keen on BRICS for all you BRICS lovers but obviously he's not going into BRICS at 1310...
10-16-2023 Intel Guru MarkZ [via PDK] I can confirm that a number of banks are ready…even non redeeming ones. They are seeing lots of rates and rate changes with holds on them. They have been prepped and a number of bank presidents…even on smaller banks…have commented they know it’s coming. They are telling them they have to wait until they get the “go ahead”...A certain regional bank president told me that they expect to be able to exchange within this week...I am hopeful this is accurate...The rest of my banking contacts say they are “on notice” and feel it could happen at any time…any hour…or any minute. And they are prepared for this.
10-16-2023 Intel Guru Frank26 Question: "Does this [Auctions changing/no USD withdrawals in January] mean it will revalue after the 1st of the year?" First of all it's not a revalue...I have said it over a billion times this is an RI, reinstatement ...So what if you have to wait until January? What is the problem?
10-16-2023 Newshound Guru Kaperoni I think it's important for Iraq to transition to Article VIII because with the help of such a large company [JP Morgan] I don't think Iraq will continue to drag their feet. I think they will make those changes when the conditions are met and JP Morgan will be right there with them.
10-16-2023 Newshound Guru Sandy Ingram Article: "35 million lost every day: Shutdown of Iraq-Turkey oil pipeline has hurt stat and oil companies" In total Iraq lost $7 billion USD. Turkey has officially notified Iraq the oil pipeline is ready to be reopened...
10-16-2023 Newshound Guru Pimpy Question: "Please explain what you mean by dirty float." There are different monetary policies that people could put into place to control their exchange rates. A dirty float is a free float with the government's ability to intervene at any time.
10-16-2023 Newshound Guru Clare Article: "Sudanese Advisor: 70% of Iraq’s imports are made with BRICS countries" Quote: "Iraq announced its desire to join the BRICS group, as there is an objective basis related to the connections of the Iraqi economy with the markets of the BRICS group itself, as it reflects the current account of the Iraqi balance of payments with the countries of that economic group, which includes the strongest emerging markets in "The world"
10-16-2023 Intel Guru MarkZ [via PDK] There are a lot of interesting articles on de-dollarization coming out of Iraq. “KRG to collect customs fees in dinar exclusively” This is the Kurdish region in northern Iraq. They have fully jumped on board with the de-dollarization effort. Comment: In Iraq –they took all the dollars out of the ATM’s - dinar only. MarkZ: Yes…it’s all part of the de-dollarization...I can tell you from my sources they agree…and Kuwait did the same thing before they RV'd. Back then all fees and transaction had to also be paid in Kuwaiti dinar. To me this tells us we are circling around the drain on finishing this thing.
10-16-2023 Newshound Guru Militia Man Article: "...Representative have agreed on the importance of passing this law [HCL] because it guarantees the fair distribution of wealth to all Iraqis..." That's everybody in parliament, that's everybody, so I think there isn't going to be anybody that would miss that vote... So why haven't they done it? They have to value that. That's what we're waiting for to see if they have a new valuation for that based off the new international exchange rate...
10-16-2023 Intel Guru Frank26 Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank" [Boots on the ground update] SUPERGIRL'S REPORT [From last week] Quote "We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks."
10-16-2023 Newshound/Intel Guru Mnt Goat Article quote: “We hope that the Central Bank will remain steadfast and independent, stand against pressure and rumors, and continue to implement international standards and prudent measures that will improve and stabilize Iraq’s economy and exchange rate.” Al-Najjar also pointed out...the presence of major corruption within a group of banks and banking companies, which led to smuggle dollars. ...there are elements that do not want the currency reform to be completed since the goose with the golden eggs will end. I assure you it will end and end soon! This corruption will not continue...I know much more of what is going on behind the scenes that I am not telling you and can’t tell you. I know this reinstatement process has to continue to the end and is going to move quickly...
10-15-2023 Newshound Guru Militia Man There's a lot of movement and evidence to suggest Iraq is going to to international. They pretty much have all the tools they need to do so. We haven't seen any payment internationally for projects. We know the 23, 24 and 25 budget has not been spent yet...It's all very good.
10-15-2023 Intel Guru Frank26 January 1st, no more USDs [In Iraq]. But that's only the final day of USD removal. It has nothing to do with the monetary reform.
10-15-2023 Newshound Guru Breitling If you don't believe the Iraqi dinar [note count] is artificially inflated then you don't need to be in this investment because you'll never understand it. All kinds of evidence from back in the day when they had less oil, less customers and the value was $2.75, $2.25...range. Now they have more customers and they're pumping out more oil and their currency is at a 1/10 of a penny? You have to understand that. It [the Iraqi dinar note count] is artificially inflated and it's controlled by its money supply - how much dinar is out there.
10-15-2023 Newshound Guru Clare Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank” Quote: "A number of Erbil residents were surprised, on Saturday, by the stopping of the ATMs, which were designated for withdrawing US dollars, in several areas, including the “Empire” complex, which witnesses a large presence of foreign expatriates... There are banks that still issue dollars via ATM machines, and they are subject to stopping at any time."
10-15-2023 Newshound Guru Pimpy There's no proof whatsoever that anybody inside our congress hold Iraqi dinar. Now I'm not saying they don't because the truth of the matter is most of them are in the know. So if something big is going to happen I guarantee they're going to have Iraqi dinar. But where's the proof that congress has Iraqi dinar? Where's the proof that Trump has it? You know that's a funny thing, I believe Trump was asked one time and he said he didn't have any at the time but was thinking about it...
10-15-2023 Newshound Guru Samson Article: "Iraq is in the first quarter of the list of the most powerful and influential countries around the world" Quote: "Iraq is ranked 50th globally and fourth in the Arab world in the most influential countries in the world..."
10-15-2023 Newshound Guru Militia Man Article: "China hosts representatives from 130 countries at the New Silk Roads Forum" This Belt Road project is linking right through Iraq. Al-Sudani just met with Putin on his Development Road Project as well... The 10th anniversary of this coinciding with electronic systems hook ups in Iraq are looking to be timed accordingly...I like it.
10-15-2023 Intel Guru RayRen98 ...I DO "BELIEVE" THAT IT HAS BEGUN!! RATES DID CHANGE IN IRAQ LAST WEEK...MAYBE AGAIN OVER THE WEEKEND? WAITING TO HEAR FROM SOME FOLKS WHO WERE EXCITED LAST NIGHT AND WERE LOOKING TO SEE SOMETHING (BEHIND THE SCENES) THROUGHOUT THE NIGHT...TIME WILL TELL
10-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying within 2 months the dollar exchange rate will stabilize. FRANK: Inside the next 2 months it's highly possible we'll see a new exchange rate. That's the only thing that can stabilize it because a program rate unstabilizes it. This is as simple as I can put it. I'm not exaggerating. I'm not adding to it. This is for real.
10-15-2023 Intel Guru MarkZ [via PDK] ...What one person calls a redemption center-another calls a bank. But overwhelmingly redemption centers are in banks…Banks that are set up with people trained to exchange currencies and all the procedures and equipment…. Call it whatever you want. Call it a “redeeming bank”…Most work in dual roles…in wealth management and will be assisting with exchanges when it happens…so most are already employed at banks.
10-15-2023 Intel Guru Frank26 January 1st, no more USDs [In Iraq]. But that's only the final day of USD removal. It has nothing to do with the monetary reform.
10-15-2023 Newshound Guru Breitling If you don't believe the Iraqi dinar [note count] is artificially inflated then you don't need to be in this investment because you'll never understand it. All kinds of evidence from back in the day when they had less oil, less customers and the value was $2.75, $2.25...range. Now they have more customers and they're pumping out more oil and their currency is at a 1/10 of a penny? You have to understand that. It [the Iraqi dinar note count] is artificially inflated and it's controlled by its money supply - how much dinar is out there.
10-15-2023 Newshound Guru Clare Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank” Quote: "A number of Erbil residents were surprised, on Saturday, by the stopping of the ATMs, which were designated for withdrawing US dollars, in several areas, including the “Empire” complex, which witnesses a large presence of foreign expatriates... There are banks that still issue dollars via ATM machines, and they are subject to stopping at any time."
10-15-2023 Newshound Guru Pimpy There's no proof whatsoever that anybody inside our congress hold Iraqi dinar. Now I'm not saying they don't because the truth of the matter is most of them are in the know. So if something big is going to happen I guarantee they're going to have Iraqi dinar. But where's the proof that congress has Iraqi dinar? Where's the proof that Trump has it? You know that's a funny thing, I believe Trump was asked one time and he said he didn't have any at the time but was thinking about it...
10-15-2023 Newshound Guru Samson Article: "Iraq is in the first quarter of the list of the most powerful and influential countries around the world" Quote: "Iraq is ranked 50th globally and fourth in the Arab world in the most influential countries in the world..."
10-15-2023 Newshound Guru Militia Man Article: "China hosts representatives from 130 countries at the New Silk Roads Forum" This Belt Road project is linking right through Iraq. Al-Sudani just met with Putin on his Development Road Project as well... The 10th anniversary of this coinciding with electronic systems hook ups in Iraq are looking to be timed accordingly...I like it.
10-15-2023 Intel Guru RayRen98 ...I DO "BELIEVE" THAT IT HAS BEGUN!! RATES DID CHANGE IN IRAQ LAST WEEK...MAYBE AGAIN OVER THE WEEKEND? WAITING TO HEAR FROM SOME FOLKS WHO WERE EXCITED LAST NIGHT AND WERE LOOKING TO SEE SOMETHING (BEHIND THE SCENES) THROUGHOUT THE NIGHT...TIME WILL TELL
10-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying within 2 months the dollar exchange rate will stabilize. FRANK: Inside the next 2 months it's highly possible we'll see a new exchange rate. That's the only thing that can stabilize it because a program rate unstabilizes it. This is as simple as I can put it. I'm not exaggerating. I'm not adding to it. This is for real.
10-15-2023 Intel Guru MarkZ [via PDK] ...What one person calls a redemption center-another calls a bank. But overwhelmingly redemption centers are in banks…Banks that are set up with people trained to exchange currencies and all the procedures and equipment…. Call it whatever you want. Call it a “redeeming bank”…Most work in dual roles…in wealth management and will be assisting with exchanges when it happens…so most are already employed at banks.
10-14-2023 Newshound Guru Pimpy Question: "I'm confused, are you for an RV or you saying it's not going to happen?" What do you mean? What part are you confused about? I'm for an RV, hell yeah man! Let it happen tomorrow. Geez. I'm for an RV, I'm just saying we're grounded...I'm not negative. I'm telling you the truth...I'm saying the RV will happen in increments. Are you talking about a reinstatement, the $3.22 rate? No, that's not going to happen...
10-14-2023 Newshound Guru Militia Man Sudani has been knocking it out of the park...Turkey is going to be massive...building road, industrial cities, industrial parks. Think about all the infrastructure that has to go into that. Water, sewer, roads, electrical...All kinds of things happening behind the scenes.
10-14-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-14-2023 Intel Guru Frank26 Nobody used to touch the Iraqi dinar. Nobody used to any Iraqi stocks. They wouldn't touch [Iraqi's] currency. It was worthless. But the whole world now knows thanks to Sudani the potential of your currency...
10-14-2023 Newshound Guru Kaperoni The only way for Iraq to raise the value would be to do so gradually over time based on the success and growth of the economy. Doing so would allow them to withdraw the large quantities of currency as the economy prospers. It also would allow them to float the currency based on the economic success and diversification.
10-14-2023 Newshound Guru Pimpy The one major issue with Iraq is they rely too much on oil. I don't care what them guys tell you about, 'oh, they're article VIII compliant.' That doesn't mean crap. Compliant what? Article VIII of what? What article VIII are you talking about? The biggest issue with Iraq besides the fact they don't have a stable economy and their government is not stable is they rely way too much on oil...
10-14-2023 Intel Guru MarkZ [via PDK] We are watching it happen…and yes it is just moving so slowly. Slowly, slowly then suddenly it’s going to go. BAM
10-14-2023 Newshound Guru Samson Article: "Economic praise for Iraq and Russia's agreement to deal in dinars and rubles: a masterstroke"
10-14-2033 Newshound Guru Militia Man Article: "Parliamentary Energy: Work is continuing towards passing the oil and gas law" This is going to be a big deal and it needs the same thing everyone else needs and that is the international acceptable currency exchange rate. The way they are talking on this gives me the impression they are ready for the rate, so that they can discus, read and vote on it. Who wouldn't vote for it when it is for all Iraqi people. I am sure the priority is going to be toward a yes vote...A unanimous one at that!
10-14-2023 Newshound/Intel Guru Walkingstick HCL payments are all over the world where Iraqi citizens live, where they qualify for these funds...
10-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the oil and gas law is still with the government technical committees and is being reviewed. FRANK: See! Where did I tell you the HCL is at? In a little box in the top shelf of Sudani's desk...It is being reviewed? I agree, because it will require a new exchange rate. What are they going to do pay you $0.30 a month?
10-14-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-14-2023 Intel Guru MarkZ [via PDK] Question: ...Mr. C. [Guru Mike Cottrell] said that Iraq will have an RI (as opposed to the RV); what is an RI and what's the difference? MarkZ: An RI is a reinstatement of the former rate before they devalued the dinar…It is my understanding they can reinstate it to the old rate PLUS…add more for the inflation that happened during that time period…. I think the old rate was around $3.22-$3.30 or so…then if you add in inflation for the last 20 years and you can justify a rate of over $4 or so,…a RV is a revaluation of any rate that’s not the RI rate.
10-14-2023 Newshound Guru Militia Man Sudani has been knocking it out of the park...Turkey is going to be massive...building road, industrial cities, industrial parks. Think about all the infrastructure that has to go into that. Water, sewer, roads, electrical...All kinds of things happening behind the scenes.
10-14-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-14-2023 Intel Guru Frank26 Nobody used to touch the Iraqi dinar. Nobody used to any Iraqi stocks. They wouldn't touch [Iraqi's] currency. It was worthless. But the whole world now knows thanks to Sudani the potential of your currency...
10-14-2023 Newshound Guru Kaperoni The only way for Iraq to raise the value would be to do so gradually over time based on the success and growth of the economy. Doing so would allow them to withdraw the large quantities of currency as the economy prospers. It also would allow them to float the currency based on the economic success and diversification.
10-14-2023 Newshound Guru Pimpy The one major issue with Iraq is they rely too much on oil. I don't care what them guys tell you about, 'oh, they're article VIII compliant.' That doesn't mean crap. Compliant what? Article VIII of what? What article VIII are you talking about? The biggest issue with Iraq besides the fact they don't have a stable economy and their government is not stable is they rely way too much on oil...
10-14-2023 Intel Guru MarkZ [via PDK] We are watching it happen…and yes it is just moving so slowly. Slowly, slowly then suddenly it’s going to go. BAM
10-14-2023 Newshound Guru Samson Article: "Economic praise for Iraq and Russia's agreement to deal in dinars and rubles: a masterstroke"
10-14-2033 Newshound Guru Militia Man Article: "Parliamentary Energy: Work is continuing towards passing the oil and gas law" This is going to be a big deal and it needs the same thing everyone else needs and that is the international acceptable currency exchange rate. The way they are talking on this gives me the impression they are ready for the rate, so that they can discus, read and vote on it. Who wouldn't vote for it when it is for all Iraqi people. I am sure the priority is going to be toward a yes vote...A unanimous one at that!
10-14-2023 Newshound/Intel Guru Walkingstick HCL payments are all over the world where Iraqi citizens live, where they qualify for these funds...
10-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the oil and gas law is still with the government technical committees and is being reviewed. FRANK: See! Where did I tell you the HCL is at? In a little box in the top shelf of Sudani's desk...It is being reviewed? I agree, because it will require a new exchange rate. What are they going to do pay you $0.30 a month?
10-14-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like, no caps. Flexible hours. FREE WEB CLASS Click here to learn more >>
10-14-2023 Intel Guru MarkZ [via PDK] Question: ...Mr. C. [Guru Mike Cottrell] said that Iraq will have an RI (as opposed to the RV); what is an RI and what's the difference? MarkZ: An RI is a reinstatement of the former rate before they devalued the dinar…It is my understanding they can reinstate it to the old rate PLUS…add more for the inflation that happened during that time period…. I think the old rate was around $3.22-$3.30 or so…then if you add in inflation for the last 20 years and you can justify a rate of over $4 or so,…a RV is a revaluation of any rate that’s not the RI rate.
10-13-2023 Intel Guru Frank26 We study this investment that is moving forward unless for some reason Sudani and Alaq are not what we think they are. I'm not giving up on them. I'm not seeing anything that tells me to give up on them except, What the hell are you waiting for?
10-13-2023 Newshound Guru Breitling When we talk about...what they want the value of their currency at a minimum has to be at the average of the value of the currencies in the region. But they don't just want to be regional they want to be international and be able to trade internationally so they want to be around at least a buck for that.
10-13-2023 Newshound Guru Sandy Ingram Don't think you can come here [Online broker/bank etc] and at the last minute purchase Iraqi dinar as the currency is increasing in value because the first thing they are going to do is increase the cost of the currency as it changes. This old investing - meaning we are not using the Forex Market. We are purchasing currency, holding it until it increases in value against the US dollar and then we are seeing the currency for profit...
10-13-2023 Intel Guru MarkZ [via PDK] We were getting strange rates in Iraq today...It doesn’t seem to be an official process but an unofficial process. Many merchants or money handlers have put a different value on their dinar. They believe the dinar is about to take a serious spike in value. So they were charging a premium if you wanted any of their dinar... It’s been an interesting day but, I have not been able to confirm the rumors of $1.13 or so rate…but I can verify the number of sources that tell me “yes, there were major wild swings in the dinar based on who you were negotiating with...I could not confirm the rates many...have said…I can verify the value swung greatly today. I believe its telling us that the people of Iraq believe the timing is very, very soon.
10-13-2023 Newshound Guru Clare Article: "The Central Bank in Nineveh: We are subject to Washington’s sanctions and we are waiting for them to be lifted to open the dollar auction"
10-13-2023 Intel Guru Bruce [via WiserNow] So we believe our start is imminent...and we've been told to keep specifically to keep an eye on and watch for the emails for us...I'm excited about us getting started...We're looking very seriously for what should be occurring according to our best sources between now and midnight...Friday night. Let's see what happens.
10-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani came on the news and he's saying Iraq is ready to join the BRICS... FRANK: ...That's highly possible that might be the basket they will eventually float in because even the Iranian currency is in that basket and it is logical to consider this because this is the next step in the monetary reform process.
Your currency does not need a new exchange rate, it needs to float internationally without any restrictions. It has no restrictions. It is about to float internationally.
10-13-2023 Newshound Guru Tishwash Article: "Economic praise for Iraq and Russia's agreement to deal in dinars and rubles: a masterstroke" Quote: “In light of the agreement, Iraq will open new horizons of openness with important countries to deal with in the local currency. Therefore, the demand for the dollar will decrease and the value of the Iraqi dinar will rise against the dollar."
10-13-2023 Newshound Guru Militia Man Al Sudani was in Russia...one of the things he said is they're going to be doing business between the Iraqi dinar and the Russian ruble in commercial dealings...
10-13-2023 Intel Guru MarkZ [via PDK] A lot of Iraqi sources are claiming we will see a brand new Iraq on Sunday... They have great expectations and many of them are pointing to Sunday. They believe peace will break out with an RV. (revaluation)
10-13-2023 Newshound Guru Samson Article: "Political analyst: Al-Sudani’s visit to Moscow is not anti-American, but one must be careful"
10-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television said the dinar will be replacing the dollar and the auctions will come to an end, then the CBI can control the exchange rate totally and we will be no black market anymore...The television says the Federal Reserve is still in control of the financial budgets but expects this to end in two weeks...
10-13-2023 Intel Guru RAYRen98 [via Babysmom] ..."WE WERE TOLD ON WEDNESDAY TO LOOK TOWARDS MONDAY...THAT TIMETABLE HAS BEEN SHORTENED...CONSIDERABLY"
10-13-2023 Intel Guru MarkZ [via PDK] Question: What happens to the US if Iraq joins BRICS? What happens to the RV or the dinar? MarkZ: We’ll get the RV anyway. If Iraq joins BRICS and goes solo they would basically be giving up on billions of dollars that the US is holding of theirs. It may not be as big an RV (revaluation) as we would like …but imo it would still be a substantial one... Our best days are ahead of us.
10-13-2023 Newshound Guru Breitling When we talk about...what they want the value of their currency at a minimum has to be at the average of the value of the currencies in the region. But they don't just want to be regional they want to be international and be able to trade internationally so they want to be around at least a buck for that.
10-13-2023 Newshound Guru Sandy Ingram Don't think you can come here [Online broker/bank etc] and at the last minute purchase Iraqi dinar as the currency is increasing in value because the first thing they are going to do is increase the cost of the currency as it changes. This old investing - meaning we are not using the Forex Market. We are purchasing currency, holding it until it increases in value against the US dollar and then we are seeing the currency for profit...
10-13-2023 Intel Guru MarkZ [via PDK] We were getting strange rates in Iraq today...It doesn’t seem to be an official process but an unofficial process. Many merchants or money handlers have put a different value on their dinar. They believe the dinar is about to take a serious spike in value. So they were charging a premium if you wanted any of their dinar... It’s been an interesting day but, I have not been able to confirm the rumors of $1.13 or so rate…but I can verify the number of sources that tell me “yes, there were major wild swings in the dinar based on who you were negotiating with...I could not confirm the rates many...have said…I can verify the value swung greatly today. I believe its telling us that the people of Iraq believe the timing is very, very soon.
10-13-2023 Newshound Guru Clare Article: "The Central Bank in Nineveh: We are subject to Washington’s sanctions and we are waiting for them to be lifted to open the dollar auction"
10-13-2023 Intel Guru Bruce [via WiserNow] So we believe our start is imminent...and we've been told to keep specifically to keep an eye on and watch for the emails for us...I'm excited about us getting started...We're looking very seriously for what should be occurring according to our best sources between now and midnight...Friday night. Let's see what happens.
10-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani came on the news and he's saying Iraq is ready to join the BRICS... FRANK: ...That's highly possible that might be the basket they will eventually float in because even the Iranian currency is in that basket and it is logical to consider this because this is the next step in the monetary reform process.
Your currency does not need a new exchange rate, it needs to float internationally without any restrictions. It has no restrictions. It is about to float internationally.
10-13-2023 Newshound Guru Tishwash Article: "Economic praise for Iraq and Russia's agreement to deal in dinars and rubles: a masterstroke" Quote: “In light of the agreement, Iraq will open new horizons of openness with important countries to deal with in the local currency. Therefore, the demand for the dollar will decrease and the value of the Iraqi dinar will rise against the dollar."
10-13-2023 Newshound Guru Militia Man Al Sudani was in Russia...one of the things he said is they're going to be doing business between the Iraqi dinar and the Russian ruble in commercial dealings...
10-13-2023 Intel Guru MarkZ [via PDK] A lot of Iraqi sources are claiming we will see a brand new Iraq on Sunday... They have great expectations and many of them are pointing to Sunday. They believe peace will break out with an RV. (revaluation)
10-13-2023 Newshound Guru Samson Article: "Political analyst: Al-Sudani’s visit to Moscow is not anti-American, but one must be careful"
10-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television said the dinar will be replacing the dollar and the auctions will come to an end, then the CBI can control the exchange rate totally and we will be no black market anymore...The television says the Federal Reserve is still in control of the financial budgets but expects this to end in two weeks...
10-13-2023 Intel Guru RAYRen98 [via Babysmom] ..."WE WERE TOLD ON WEDNESDAY TO LOOK TOWARDS MONDAY...THAT TIMETABLE HAS BEEN SHORTENED...CONSIDERABLY"
10-13-2023 Intel Guru MarkZ [via PDK] Question: What happens to the US if Iraq joins BRICS? What happens to the RV or the dinar? MarkZ: We’ll get the RV anyway. If Iraq joins BRICS and goes solo they would basically be giving up on billions of dollars that the US is holding of theirs. It may not be as big an RV (revaluation) as we would like …but imo it would still be a substantial one... Our best days are ahead of us.
10-12-2023 Intel Guru Frank26 Article "What is the relationship of the US Federal Reserve to the federal budget?" Quote "The Federal Reserves are still in control of the financial budget...he says the matter will end in two weeks." Two weeks? That's the third time I hear two weeks. Sunday when they were at the banks, Monday when they gave us the report and then today...The article is saying within 2 weeks the problem they've been having with their money...
10-12-2023 Newshound Guru Pimpy People always go, 'You're so negative.' No, I'm grounded. What's been happening lately I'm feeling really good about. There's got to be some consistency there. The seem to be making all the right moves and that's exactly what you want in this investment...
10-12-2023 Newshound Guru Clare Article "The Prime Minister confirms Iraq's readiness to join the BRICS group" Quote “Iraq is ready to join the BRICS group if it receives an invitation from the founding countries, noting that Iraq understands the role played by the group and is aware of the conditions and specifications for joining it"
10-12-2023 Newshound Guru Sandy Ingram This money move by Iraq is to put an end to Iran wrapping itself around Iraq's finances...to control corruption and the illegal flow of money so they can get International investments. This money move by Iraq is to show favoritism to their own currency and their own government. Anytime the young girls decide to date or marry a man who has lots of US dollars rather than Iraqi dinars, then it is time to readjust the thought process. Make no doubt about it, this money move will help strengthen the Iraqi dinar and hopefully the value of the IQD against the USD. [Post 2 of 2]
10-12-2023 Newshound Guru Sandy Ingram On the topic of Iraq's dedollarization plan starting in January 2024... Article: "BRICS: What Iraq's Cash Ban Means for the Global Status of USD" The BRICS people...are trying to say Iraq is abandoning the US dollar in favor of the BRICS' agenda. WRONG...Iraq has over $100 billion US dollars in a New York Federal Reserve Bank and they understand the consequences of crossing over their own wealth. [Post 1 of 2....say tuned]
10-12-2023 Intel Guru Frank26 I got some things for the week and it came out to $80 but he cannot accept USD so it's going to be more...I said how much more? He said a lot more. He told me $100 USD is probably $180. FRANK: These changes are occurring internally. They're not advertising it. Forex wants to get a hold of this but the CBI is not allowing it just yet. They are still cleaning the terrorist activities...You try to get American dollars and they say no...They tell you to wait because the value is about to go up not of the American dollar but of the Iraqi dinar. SUPERGIRL: Yes. He said it happened two days ago here in country. [Post 2 of 2]
10-12-2023 Intel Guru Frank26 [Kurdistan boots-on-the-ground report] SUPERGIRL: Yes, I'm waiting to go back in...I'm sorry I'm just overly excited...I went to the ATM 30 minutes ago to get cash, I went into the grocery store to ask them if they own the ATM. He said no. I said I tried getting USD out and it won't let me. He said it no longer will give you USD. I said why? He said because the currency rate just went up. When did that happen? Two days ago. I said are you serious. He said yes. [Post 1 of 2....stay tuned]
10-12-2023 Newshound Guru Militia Man Article VIII implicitly states no member may impose without the Fund's approval restrictions on the performance of payments and transfers related to international commercial transactions ... Article 14 implicitly indicates if the member is prepared to accept the obligations (which we haven't quite seen yet)...contained in sections 2, 3 and 4 of Article VIII it says thus the agreement encourages the free movement of capital between countries and the transfer of balances between other members...to facilitate the performance of international payments and work to create a stable exchange rate system which provides the appropriate foreign investments...Article VIII...is the freedom of movement of capital. If you don't have it and you're not released to get it, you're not going anywhere.
10-12-2023 Newshound Guru Pimpy Iraq can't do anything without permission of the United States. They're on sanctions. The only reason why I know that is because I actually read...
10-12-2023 Newshound Guru Clare Article: "For the second day...the dollar continues to decline against the Iraqi dinar”
10-12-2023 Intel Guru Frank26 If you are a student of Forex you will be able to see right now the Iraqi dinar is trading in massive volumes. It is putting itself in position when the new exchange rate comes out.
10-12-2023 Intel Guru MarkZ [via PDK] Expectations remain high and everyone remains all geared up for it.
10-12-2023 Newshound Guru Pimpy People always go, 'You're so negative.' No, I'm grounded. What's been happening lately I'm feeling really good about. There's got to be some consistency there. The seem to be making all the right moves and that's exactly what you want in this investment...
10-12-2023 Newshound Guru Clare Article "The Prime Minister confirms Iraq's readiness to join the BRICS group" Quote “Iraq is ready to join the BRICS group if it receives an invitation from the founding countries, noting that Iraq understands the role played by the group and is aware of the conditions and specifications for joining it"
10-12-2023 Newshound Guru Sandy Ingram This money move by Iraq is to put an end to Iran wrapping itself around Iraq's finances...to control corruption and the illegal flow of money so they can get International investments. This money move by Iraq is to show favoritism to their own currency and their own government. Anytime the young girls decide to date or marry a man who has lots of US dollars rather than Iraqi dinars, then it is time to readjust the thought process. Make no doubt about it, this money move will help strengthen the Iraqi dinar and hopefully the value of the IQD against the USD. [Post 2 of 2]
10-12-2023 Newshound Guru Sandy Ingram On the topic of Iraq's dedollarization plan starting in January 2024... Article: "BRICS: What Iraq's Cash Ban Means for the Global Status of USD" The BRICS people...are trying to say Iraq is abandoning the US dollar in favor of the BRICS' agenda. WRONG...Iraq has over $100 billion US dollars in a New York Federal Reserve Bank and they understand the consequences of crossing over their own wealth. [Post 1 of 2....say tuned]
10-12-2023 Intel Guru Frank26 I got some things for the week and it came out to $80 but he cannot accept USD so it's going to be more...I said how much more? He said a lot more. He told me $100 USD is probably $180. FRANK: These changes are occurring internally. They're not advertising it. Forex wants to get a hold of this but the CBI is not allowing it just yet. They are still cleaning the terrorist activities...You try to get American dollars and they say no...They tell you to wait because the value is about to go up not of the American dollar but of the Iraqi dinar. SUPERGIRL: Yes. He said it happened two days ago here in country. [Post 2 of 2]
10-12-2023 Intel Guru Frank26 [Kurdistan boots-on-the-ground report] SUPERGIRL: Yes, I'm waiting to go back in...I'm sorry I'm just overly excited...I went to the ATM 30 minutes ago to get cash, I went into the grocery store to ask them if they own the ATM. He said no. I said I tried getting USD out and it won't let me. He said it no longer will give you USD. I said why? He said because the currency rate just went up. When did that happen? Two days ago. I said are you serious. He said yes. [Post 1 of 2....stay tuned]
10-12-2023 Newshound Guru Militia Man Article VIII implicitly states no member may impose without the Fund's approval restrictions on the performance of payments and transfers related to international commercial transactions ... Article 14 implicitly indicates if the member is prepared to accept the obligations (which we haven't quite seen yet)...contained in sections 2, 3 and 4 of Article VIII it says thus the agreement encourages the free movement of capital between countries and the transfer of balances between other members...to facilitate the performance of international payments and work to create a stable exchange rate system which provides the appropriate foreign investments...Article VIII...is the freedom of movement of capital. If you don't have it and you're not released to get it, you're not going anywhere.
10-12-2023 Newshound Guru Pimpy Iraq can't do anything without permission of the United States. They're on sanctions. The only reason why I know that is because I actually read...
10-12-2023 Newshound Guru Clare Article: "For the second day...the dollar continues to decline against the Iraqi dinar”
10-12-2023 Intel Guru Frank26 If you are a student of Forex you will be able to see right now the Iraqi dinar is trading in massive volumes. It is putting itself in position when the new exchange rate comes out.
10-12-2023 Intel Guru MarkZ [via PDK] Expectations remain high and everyone remains all geared up for it.
10-11-2023 Intel Guru Frank26 I'm frustrated like you. I'm disappointed in Sudani although I should respect the process but dog-gone-it Sudani.
10-11-2023 Intel Guru MarkZ [via PDK] Question: What is your gut saying right now Mark? My gut is screaming – right now!! I’m looking at all these diversions, and my gut is still screaming we are right on top of this thing…and that we are going at any moment…maybe even this week.
10-11-2023 Newshound Guru Samson Article: "Iraq new signature 50,000-dinar note (B357e) confirmed"
10-11-2023 Newshound/Intel Guru Walkingstick Iraqi private banks vs. American banks banks what is the difference? Iraqi private banks will send the dinars to the CBI. The banks in America will send them to the US Treasury. You have a choice. Is there an advantage between American bank and Aki bank? There is none.
10-11-2023 Intel Guru Bruce [via WiserNow] We have been told to be ready at any moment for notifications to come out. ...we are just right on the edge of it. We've been told this thing is imminent. it's right there. Everything's done. ...we're looking...for our notifications and start of our exchanges within the next three days. Let's see what manifests. Let's see what happens.
10-11-2023 Newshound Guru Militia Man The Central Bank of Iraq, the government of Iraq, the tripartite budget of Iraq - 2023, 24, 25 they haven't spend any money yet...Why? Because they haven't adjusted their exchange rate yet. Do they need to? I think they really do...June 12th they passed the trig-part type budget. It's in the Gazette. There's no amendments to it. If anybody has them, I like to see them...[Gurus] Jeff...Pimpy...Frank26 you guys are welcome to do that. Let's see if they made any amendments to their budget. I don't think they have.
10-11-2023 Intel Guru Frank26 Alaq and Sudani are removing all foreign currency from your [Iraqi citizens'] country because they are protecting you and your national currency from any foreign terrorism. They are using all mechanisms...These mechanisms come from the CBI. They were structured by the monetary reform under Dr. Shabbibi. One of the last final things is to remove all foreign currency so you only have your currency in your country.
10-11-2023 Intel Guru MarkZ [via PDK] This is a big one and has got to have the US scrambling right now. “Al-Sudani confirms Iraq’s readiness to join the BRICS group” Why is this important? Iraq is signaling to the US they have a “PLAN B” that if they don’t let this go they can go without you. The US is holding billions of Iraqi dollars…and at some point they may just write those billions off so they can have freedom. I believe the US is now on a time schedule…they only have so much time left before Iraq joins the BRICS nations and no longer needs the US. To me this is a huge story.
10-11-2023 Newshound Guru Pimpy I said several times that Iraq was on sanctions. They can't do anything without the United States saying, 'Hey it's okay to do so.' That included their budget. People like, 'Pimpy doesn't know what he's talking about. Pimpy's wrong. Blah blah, blah.' Article: "What does the US federal reserve have to do with the federal budget?" Quote: "...US
Federal Bank is behind the failure to release financial allocations in the budget..." Not that Iraq isn't doing it - The US is holding this up...I told you these people can't do anything without permission from the US...
10-11-2023 Guru Nader From The Mid East You always come back to my words, to my sentence, [Guru] Piimpy just came back my sentence when I said only, 'only the US can RV Iraq.' It's only the U.S. I've been telling you for year...the RV is in the hands of U.S. If U.S. tomorrow give green light to Iraq, Iraq will do whatever they wants. Iraq will be the richest country in the world with all the oil they got. They got more oil than Saudis...Venezuela ...Russia, more than anybody else. They'll be rich as hell. You see it.
10-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said the banks that did not have our money that we deposited have basically been using that money on the black market to make money with a high exchange rate and this will stop. They better come up with the month to pay our deposited money back or actions will be taken by the CBI toward these banks. He spoke to high end corruption and how this too will end. FRANK: I knew Sudani had everything under control but this is a little surprising to me. It is very good news.
10-11-2023 Intel Guru yada I guess they have stopped 95% of the smuggling. The rest will stop when the rate is changed which I still believe is about to happen.
10-11-2023 Intel Guru MarkZ [via PDK] We do have people from the UN in Iraq today. “UN Security council to discuss Iraq: budget, security and human rights on the agenda” They are telling us how well the discussions went. They say Iraq is making great progress.
10-11-2023 Intel Guru MarkZ [via PDK] Question: What is your gut saying right now Mark? My gut is screaming – right now!! I’m looking at all these diversions, and my gut is still screaming we are right on top of this thing…and that we are going at any moment…maybe even this week.
10-11-2023 Newshound Guru Samson Article: "Iraq new signature 50,000-dinar note (B357e) confirmed"
10-11-2023 Newshound/Intel Guru Walkingstick Iraqi private banks vs. American banks banks what is the difference? Iraqi private banks will send the dinars to the CBI. The banks in America will send them to the US Treasury. You have a choice. Is there an advantage between American bank and Aki bank? There is none.
10-11-2023 Intel Guru Bruce [via WiserNow] We have been told to be ready at any moment for notifications to come out. ...we are just right on the edge of it. We've been told this thing is imminent. it's right there. Everything's done. ...we're looking...for our notifications and start of our exchanges within the next three days. Let's see what manifests. Let's see what happens.
10-11-2023 Newshound Guru Militia Man The Central Bank of Iraq, the government of Iraq, the tripartite budget of Iraq - 2023, 24, 25 they haven't spend any money yet...Why? Because they haven't adjusted their exchange rate yet. Do they need to? I think they really do...June 12th they passed the trig-part type budget. It's in the Gazette. There's no amendments to it. If anybody has them, I like to see them...[Gurus] Jeff...Pimpy...Frank26 you guys are welcome to do that. Let's see if they made any amendments to their budget. I don't think they have.
10-11-2023 Intel Guru Frank26 Alaq and Sudani are removing all foreign currency from your [Iraqi citizens'] country because they are protecting you and your national currency from any foreign terrorism. They are using all mechanisms...These mechanisms come from the CBI. They were structured by the monetary reform under Dr. Shabbibi. One of the last final things is to remove all foreign currency so you only have your currency in your country.
10-11-2023 Intel Guru MarkZ [via PDK] This is a big one and has got to have the US scrambling right now. “Al-Sudani confirms Iraq’s readiness to join the BRICS group” Why is this important? Iraq is signaling to the US they have a “PLAN B” that if they don’t let this go they can go without you. The US is holding billions of Iraqi dollars…and at some point they may just write those billions off so they can have freedom. I believe the US is now on a time schedule…they only have so much time left before Iraq joins the BRICS nations and no longer needs the US. To me this is a huge story.
10-11-2023 Newshound Guru Pimpy I said several times that Iraq was on sanctions. They can't do anything without the United States saying, 'Hey it's okay to do so.' That included their budget. People like, 'Pimpy doesn't know what he's talking about. Pimpy's wrong. Blah blah, blah.' Article: "What does the US federal reserve have to do with the federal budget?" Quote: "...US
Federal Bank is behind the failure to release financial allocations in the budget..." Not that Iraq isn't doing it - The US is holding this up...I told you these people can't do anything without permission from the US...
10-11-2023 Guru Nader From The Mid East You always come back to my words, to my sentence, [Guru] Piimpy just came back my sentence when I said only, 'only the US can RV Iraq.' It's only the U.S. I've been telling you for year...the RV is in the hands of U.S. If U.S. tomorrow give green light to Iraq, Iraq will do whatever they wants. Iraq will be the richest country in the world with all the oil they got. They got more oil than Saudis...Venezuela ...Russia, more than anybody else. They'll be rich as hell. You see it.
10-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said the banks that did not have our money that we deposited have basically been using that money on the black market to make money with a high exchange rate and this will stop. They better come up with the month to pay our deposited money back or actions will be taken by the CBI toward these banks. He spoke to high end corruption and how this too will end. FRANK: I knew Sudani had everything under control but this is a little surprising to me. It is very good news.
10-11-2023 Intel Guru yada I guess they have stopped 95% of the smuggling. The rest will stop when the rate is changed which I still believe is about to happen.
10-11-2023 Intel Guru MarkZ [via PDK] We do have people from the UN in Iraq today. “UN Security council to discuss Iraq: budget, security and human rights on the agenda” They are telling us how well the discussions went. They say Iraq is making great progress.
10-10-2023 Intel Guru Frank26 I think when the United Nations meeting occurred with Sudani a lot of things were accomplished and a lot of things moved forward faster than we expected. And I believe because of that meeting in New York, the United States of America is boxing in Iraq by demanding they stop the corruption with the American dollar...
10-10-2023 Newshound Guru Pimpy We know nothing is going to happen in the year 2023 but there's a good outlook so far for the year 2024 when it comes to Iraqi dinar.
10-10-2023 Intel Guru MarkZ [via PDK] Comment: I think the US is holding up the process. MarkZ: I think they were…I don’t think they are now. I think they desperately need it now...guess what the US desperately needs right now for stability? They need Iraq to RV.
10-10-2023 Intel Guru Suzie Article: "Iraq announces the imminent entry into force of the electrical interconnection with Jordan" How is all this possible without a rate? We must be really close. I mean really close. Within days.
10-10-2023 Newshound Guru Clare Article: "Putin announces the size of Russia's investments in Iraq: $19 billion and 50 operating companies" Quote: "Russia is currently implementing a large project to rebuild and modernize a factory for the production of glass and ceramic products in the city of Ramadi in Anbar Governorate. "
10-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Dollarization is over in Iraq TV says. FRANK: Told you so. Now listen to Alaq and Sudani and do what they tell you.
10-10-2023 Intel Guru MarkZ [via PDK] Comment: I have exchanged currencies all over the world and have never been taxed on it. MarkZ: And this should be no different …I am still hearing we will not be taxed on this exchange…BUT, am prepared in case we are…. [Always check with your tax professional at the appropriate time.]
10-10-2023 Newshound Guru Militia Man Article: "The Iraqi Central Bank issues a warning to banks regarding dollar deposits." A fresh edict from the central bank...Spelling out that the citizens have the right to redeem their deposits in the banks and that the monies are guaranteed and it is their inherent right to do so through or by the year 2024. None the less the unprecedented crowds ensued...What is unusual is...the way the Central Bank exposed those [banks] that didn't have the money on hand were apparently found to be speculating with depositors funds in dollars. That is not good and there will be consequences. The Central Bank is now going to take measures against banks that abstain from taking care of their obligations to the citizens.
10-10-2023 Newshound Guru Samson Article: "Central bank settles dollar deposits: The era of “dollarization” is over in Iraq"
10-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar is out of control and we afraid from what TV says makes like we are in trouble. FRANK: It's just the same ole exaggeration...please don't drown on a drop of water...Both Alaq and Sudani are doing the monetary reform and they're doing it to the best of their abilities. I will admit they are kind of slow and I wish they would speed it up. One of the requirements is to remove all foreign currency because you are now a sovereign country with a sovereign national currency which will soon have a new international exchange rate...
10-10-2023 Intel Guru MarkZ [via PDK] Question: How is the war affecting the RV…is it now delayed? MarkZ: I am told it may be a small speed bump but will not distract from it completely. Most of my sources think this is still our week. I sure hope so…
10-10-2023 Newshound Guru Pimpy We know nothing is going to happen in the year 2023 but there's a good outlook so far for the year 2024 when it comes to Iraqi dinar.
10-10-2023 Intel Guru MarkZ [via PDK] Comment: I think the US is holding up the process. MarkZ: I think they were…I don’t think they are now. I think they desperately need it now...guess what the US desperately needs right now for stability? They need Iraq to RV.
10-10-2023 Intel Guru Suzie Article: "Iraq announces the imminent entry into force of the electrical interconnection with Jordan" How is all this possible without a rate? We must be really close. I mean really close. Within days.
10-10-2023 Newshound Guru Clare Article: "Putin announces the size of Russia's investments in Iraq: $19 billion and 50 operating companies" Quote: "Russia is currently implementing a large project to rebuild and modernize a factory for the production of glass and ceramic products in the city of Ramadi in Anbar Governorate. "
10-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Dollarization is over in Iraq TV says. FRANK: Told you so. Now listen to Alaq and Sudani and do what they tell you.
10-10-2023 Intel Guru MarkZ [via PDK] Comment: I have exchanged currencies all over the world and have never been taxed on it. MarkZ: And this should be no different …I am still hearing we will not be taxed on this exchange…BUT, am prepared in case we are…. [Always check with your tax professional at the appropriate time.]
10-10-2023 Newshound Guru Militia Man Article: "The Iraqi Central Bank issues a warning to banks regarding dollar deposits." A fresh edict from the central bank...Spelling out that the citizens have the right to redeem their deposits in the banks and that the monies are guaranteed and it is their inherent right to do so through or by the year 2024. None the less the unprecedented crowds ensued...What is unusual is...the way the Central Bank exposed those [banks] that didn't have the money on hand were apparently found to be speculating with depositors funds in dollars. That is not good and there will be consequences. The Central Bank is now going to take measures against banks that abstain from taking care of their obligations to the citizens.
10-10-2023 Newshound Guru Samson Article: "Central bank settles dollar deposits: The era of “dollarization” is over in Iraq"
10-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar is out of control and we afraid from what TV says makes like we are in trouble. FRANK: It's just the same ole exaggeration...please don't drown on a drop of water...Both Alaq and Sudani are doing the monetary reform and they're doing it to the best of their abilities. I will admit they are kind of slow and I wish they would speed it up. One of the requirements is to remove all foreign currency because you are now a sovereign country with a sovereign national currency which will soon have a new international exchange rate...
10-10-2023 Intel Guru MarkZ [via PDK] Question: How is the war affecting the RV…is it now delayed? MarkZ: I am told it may be a small speed bump but will not distract from it completely. Most of my sources think this is still our week. I sure hope so…
10-9-2023 Newshound Guru Pimpy Article quote: "The adoption of new measures to implement the US conditions to prevent the smuggling of dollars, the direct devaluation of the Iraqi dinars." The more this happens the less valuable the Iraqi dinar is. We don't want that to happen. The quicker Iraq can get into just using Iraqi dinars, de-dollerize, un-peg, start doing business with foreign countries find a way to ascend within the World Trade Organization I think they'll be better off. I have a feeling those of us who are holding on to to Iraqi dinar are going to be beyond pleasantly surprised within the next two or three years.
10-9-2023 Intel Guru MarkZ [via PDK] Comment: Iraq PM is meeting with Putin tomorrow. MarkZ: Yes I have heard that…we don’t know what if anything will come from that. Luc oil is one of the biggest Russian oil companies and has a lot of holdings in northern Iraq.
10-9-2023 Newshound/Intel Guru Walkingstick Question: "What is the difference between using private banks that represent the CBI or using an American bank?" There is no difference whatsoever.
10-9-2023 Intel Guru Frank26 Question: "Are we at the point in this journey where the rate could be changed at any time?" Yes.
10-9-2023 Intel Guru MarkZ “Global oil prices soar after Hamas attack on Israel” Oil prices after hitting a slump start to spike. It would make it easier for Iraq to revalue with higher oil prices.
10-9-2023 Newshound Guru Sandy Ingram Day in and day out it is bankers who hold the money and politicians who spend the money and they are always battling for power. For the Iraqi dinar to reach the top and revalue, float or do whatever...all of these powers must come into alignment. When one group of people want to ignore another group of people it messes up the money. Until Iraq can play nice in the sandbox with Israel and all other countries we can only hope the IQD currency increases in value with or without a revalue or adjustment.
10-9-2023 Intel Guru yada Im of the mind that the rate release was delayed to see if there would be any further fallout of other countries in the middle east getting involved with the Hamas issue. Im also thinking only Isreal will deal with it and this has nothing to do with the reissue of the rate in Iraq. Conditions are still ripe to see this release any moment.
10-9-2023 Newshound Guru Pimpy Article: "Putin: Sudanese visit to Moscow will be fruitful and come at the right time" I bet it will but this also could be why it is that the Biden Administration is putting a clamp down on Iraq with US dollars...
10-9-2023 Guru Nader From The Mid East When the government of Iraq requested a billion dollars from United States demanding their money to pay their bills and everything, Untied States refuse. That's bullying. I'm talking about the government of United States...
10-9-2023 Intel Guru MarkZ Article: “Iraq Central bank warns Iraqi banks refusing USD withdrawals” ...Iraq has to be positively livid with the US government right now…don't let it throw you though...my Iraqi sources believe we are on the fast track…and this situation with Israel and Hamas will not cause more than a slight speed bump in the RV. I hope they are accurate.
10-9-2023 Newshound Guru Militia Man Article quote: "The United States has warned Al-Sudani's government eight times publicly ...American side has provided ample evidence the majority of buyers of the dollar are smuggling it out of the country to Iran, Syria and Lebanon." Local and private banks don't have the dollar. You're going to see how that plays out...The request for a specific cash [$1 billion] was denied by the Federal Reserve Bank...The black market is the problem and they just got pinched...I think the US Federal Reserve Bank, US Treasury, Central Bank of Iraq and Al-Sudani got fed up and tired and said we're going to fix it whether you like it or not...the black market will go away if they do this properly.
10-9-2023 Newshound Guru Clare Article: "The million is paid in 6,000 weekly installments The dollar disaster has begun.. Baghdad banks to depositors: We apologize, our balance is zero today (photos)" Quote: "The manager of the bank branch in the mall informed customers at 11:00 a.m. that the dollar balance in the bank had run out, and said, “The Central Bank did not send reinforcements.”
10-9-2023 Double Your Purchasing Power - Calling all Dinar Investors who love free stuff. Banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff by doubling your purchasing power. Which card do you want in your wallet? Free Web Class How To Make A Monthly Income While Helping Others Double Their Purchasing Power...without asking them to change anything they already do... Click here to learn more >>
10-9-2023 Newshound/Intel Guru Mnt Goat I was...told [by my CBI contact in Iraq] the real reason why the GOI, under prime minister al-Sudani has not directed full funding distribution for all the projects listed in the budget. It was for multiple reasons: 1. to first continue to clean up more of the corruption in the provinces; 2. hold back the dollars in the reserves as long as possible needed to back any reinstatement process and global rating for the dinar.
10-9-2023 Intel Guru MarkZ [via PDK] Comment: Iraq PM is meeting with Putin tomorrow. MarkZ: Yes I have heard that…we don’t know what if anything will come from that. Luc oil is one of the biggest Russian oil companies and has a lot of holdings in northern Iraq.
10-9-2023 Newshound/Intel Guru Walkingstick Question: "What is the difference between using private banks that represent the CBI or using an American bank?" There is no difference whatsoever.
10-9-2023 Intel Guru Frank26 Question: "Are we at the point in this journey where the rate could be changed at any time?" Yes.
10-9-2023 Intel Guru MarkZ “Global oil prices soar after Hamas attack on Israel” Oil prices after hitting a slump start to spike. It would make it easier for Iraq to revalue with higher oil prices.
10-9-2023 Newshound Guru Sandy Ingram Day in and day out it is bankers who hold the money and politicians who spend the money and they are always battling for power. For the Iraqi dinar to reach the top and revalue, float or do whatever...all of these powers must come into alignment. When one group of people want to ignore another group of people it messes up the money. Until Iraq can play nice in the sandbox with Israel and all other countries we can only hope the IQD currency increases in value with or without a revalue or adjustment.
10-9-2023 Intel Guru yada Im of the mind that the rate release was delayed to see if there would be any further fallout of other countries in the middle east getting involved with the Hamas issue. Im also thinking only Isreal will deal with it and this has nothing to do with the reissue of the rate in Iraq. Conditions are still ripe to see this release any moment.
10-9-2023 Newshound Guru Pimpy Article: "Putin: Sudanese visit to Moscow will be fruitful and come at the right time" I bet it will but this also could be why it is that the Biden Administration is putting a clamp down on Iraq with US dollars...
10-9-2023 Guru Nader From The Mid East When the government of Iraq requested a billion dollars from United States demanding their money to pay their bills and everything, Untied States refuse. That's bullying. I'm talking about the government of United States...
10-9-2023 Intel Guru MarkZ Article: “Iraq Central bank warns Iraqi banks refusing USD withdrawals” ...Iraq has to be positively livid with the US government right now…don't let it throw you though...my Iraqi sources believe we are on the fast track…and this situation with Israel and Hamas will not cause more than a slight speed bump in the RV. I hope they are accurate.
10-9-2023 Newshound Guru Militia Man Article quote: "The United States has warned Al-Sudani's government eight times publicly ...American side has provided ample evidence the majority of buyers of the dollar are smuggling it out of the country to Iran, Syria and Lebanon." Local and private banks don't have the dollar. You're going to see how that plays out...The request for a specific cash [$1 billion] was denied by the Federal Reserve Bank...The black market is the problem and they just got pinched...I think the US Federal Reserve Bank, US Treasury, Central Bank of Iraq and Al-Sudani got fed up and tired and said we're going to fix it whether you like it or not...the black market will go away if they do this properly.
10-9-2023 Newshound Guru Clare Article: "The million is paid in 6,000 weekly installments The dollar disaster has begun.. Baghdad banks to depositors: We apologize, our balance is zero today (photos)" Quote: "The manager of the bank branch in the mall informed customers at 11:00 a.m. that the dollar balance in the bank had run out, and said, “The Central Bank did not send reinforcements.”
10-9-2023 Double Your Purchasing Power - Calling all Dinar Investors who love free stuff. Banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff by doubling your purchasing power. Which card do you want in your wallet? Free Web Class How To Make A Monthly Income While Helping Others Double Their Purchasing Power...without asking them to change anything they already do... Click here to learn more >>
10-9-2023 Newshound/Intel Guru Mnt Goat I was...told [by my CBI contact in Iraq] the real reason why the GOI, under prime minister al-Sudani has not directed full funding distribution for all the projects listed in the budget. It was for multiple reasons: 1. to first continue to clean up more of the corruption in the provinces; 2. hold back the dollars in the reserves as long as possible needed to back any reinstatement process and global rating for the dinar.
10-8-2023 Intel Guru Frank26 You will get the HCL when the new exchange rate comes out. When will the new exchange rate come out? When they damn well feel like it.
10-8-2023 Newshound Guru Breitling Question: "Is it true they're going to have an in-country RV first?" No such thing. There's never been such a thing. There never will be such a thing...
10-8-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free Web Class. Click here to learn more >>
10-8-2023 Newshound Guru Kaperoni There is a future here that appears to be developing...Maybe we'll see some success here in the near future and of course with that success will be the opportunity for Iraq to transition their banking system and grow their economy and hopefully the dinar...
10-8-2023 Newshound/Intel Guru RVAlready Many folks seem to be having favorable Bank interactions. No exchanges yet, but more bankers saying this is going to happen.
10-8-2023 Newshound Guru Militia Man Article "Director of Al-Sistani’s Office: The authority warned against corruption and called for combating it, but there is no life for whomever you call for." WOW!! When the Supreme Religious Authority, Ali al-Sistani, speaks of a fatwa to follow laws...the people that fit the shoes and ware them better be careful to make things right and quickly.. Failure...will likely have significant consequences...He issued a fatwa that money any employee or official obtains in violation of the law is forbidden. Also, wasting public money and appropriating it, or illegal disposal of it, is forbidden. That is some heavy stuff. Think of all those that are guilty in the line up.. [NOTE: The Arabic word fatwa refers, in simple terms, to an edict or ruling by a recognized religious authority on a point of Islamic law.]
10-8-2023 Newshound Guru Sandy Ingram This is one of the reasons the IQD investment is stalled. Article: "Iraqi Prime Minister to pay official visit to Russia next week" ...it's all connected. The Iraqi Prime minister will pay an official visit to Russia on October 10th and 11th...
10-8-2023 Intel Guru Frank26 Let's make sure we understand something about this bank [Walkingsticks friend Aki's bank in the US]. I don't want to call it a CBI bank. I did that because in the beginning you needed a reference to relate it to so we said CBI satellite private banks. But the reality, anybody can open a bank in the United States of America...It's not so much they belong to the CBI, they work with the CBI.
10-8-2023 Newshound Guru Samson Article: "Sudanese’s visit to Moscow will discuss 7 files"
10-8-2023 Intel/Newshound Guru Babysmom MOST RECENT ANTICIPATED OPENING RATES AS PER RAY [Guru RayRen98] DONG .47 ...DINAR 3.81...
10-8-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free Web Class. Click here to learn more >>
10-8-23 Newshound Guru Clare Article: "urgent... Al-Sudani will visit Moscow next week and meet Putin"
10-8-2023 Newshound/Intel Guru Mnt Goat I was...told [by my CBI contact in Iraq] not to over-speculate on the RV and the CBI has a plan and is actively working on it. The CBI can not put the cart before the horse and needs the support of the GOI for all the monetary reform. They feel that Al-Sudani is definitely onboard with the details of this effort and “fully” supports the plan and what the CBI is doing in this regards. They also told me the re-education news (program) is about to come out. Stay tuned….
10-8-2023 Newshound Guru Breitling Question: "Is it true they're going to have an in-country RV first?" No such thing. There's never been such a thing. There never will be such a thing...
10-8-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free Web Class. Click here to learn more >>
10-8-2023 Newshound Guru Kaperoni There is a future here that appears to be developing...Maybe we'll see some success here in the near future and of course with that success will be the opportunity for Iraq to transition their banking system and grow their economy and hopefully the dinar...
10-8-2023 Newshound/Intel Guru RVAlready Many folks seem to be having favorable Bank interactions. No exchanges yet, but more bankers saying this is going to happen.
10-8-2023 Newshound Guru Militia Man Article "Director of Al-Sistani’s Office: The authority warned against corruption and called for combating it, but there is no life for whomever you call for." WOW!! When the Supreme Religious Authority, Ali al-Sistani, speaks of a fatwa to follow laws...the people that fit the shoes and ware them better be careful to make things right and quickly.. Failure...will likely have significant consequences...He issued a fatwa that money any employee or official obtains in violation of the law is forbidden. Also, wasting public money and appropriating it, or illegal disposal of it, is forbidden. That is some heavy stuff. Think of all those that are guilty in the line up.. [NOTE: The Arabic word fatwa refers, in simple terms, to an edict or ruling by a recognized religious authority on a point of Islamic law.]
10-8-2023 Newshound Guru Sandy Ingram This is one of the reasons the IQD investment is stalled. Article: "Iraqi Prime Minister to pay official visit to Russia next week" ...it's all connected. The Iraqi Prime minister will pay an official visit to Russia on October 10th and 11th...
10-8-2023 Intel Guru Frank26 Let's make sure we understand something about this bank [Walkingsticks friend Aki's bank in the US]. I don't want to call it a CBI bank. I did that because in the beginning you needed a reference to relate it to so we said CBI satellite private banks. But the reality, anybody can open a bank in the United States of America...It's not so much they belong to the CBI, they work with the CBI.
10-8-2023 Newshound Guru Samson Article: "Sudanese’s visit to Moscow will discuss 7 files"
10-8-2023 Intel/Newshound Guru Babysmom MOST RECENT ANTICIPATED OPENING RATES AS PER RAY [Guru RayRen98] DONG .47 ...DINAR 3.81...
10-8-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free Web Class. Click here to learn more >>
10-8-23 Newshound Guru Clare Article: "urgent... Al-Sudani will visit Moscow next week and meet Putin"
10-8-2023 Newshound/Intel Guru Mnt Goat I was...told [by my CBI contact in Iraq] not to over-speculate on the RV and the CBI has a plan and is actively working on it. The CBI can not put the cart before the horse and needs the support of the GOI for all the monetary reform. They feel that Al-Sudani is definitely onboard with the details of this effort and “fully” supports the plan and what the CBI is doing in this regards. They also told me the re-education news (program) is about to come out. Stay tuned….
10-7-2023 Intel Guru Frank26 Question "Could Iraqi dinar go international without placing on Forex?" Yes, but I really doubt that. Forex is going to grab it like they're in heat. The whole world is going to grab it. I told you, as soon as it changes it's like putting chum in the ocean, every shark is going to come. That's when sharks bite.
10-7-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free Web Class. Click here to learn more >>
10-7-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] I can't bring my 1 million dinars and deposit them as dinars in your bank? AKI: No. We're an American bank.
10-7-2023 Newshound Guru Pimpy Question: "Is it worth it to invest in the dinar?" I have them. I think it's something to consider. You should have discretionary funds if you're going to buy the Iraqi dinar. I hold like 4 or 5 million...I think it's worth it. I'm just holding on to it. It's a legitimate currency. It's way undervalued. They have a lot of sanctions on them. So what happens if you take away the sanctions? Well then the currency will be able to function like it should without all this weight on its back. I think it's worth it. Is it going to RV tomorrow? No. It's going to take time. But not a lot of time. Not like before...The steps that Iraq's taking at this present moment you can see it go up in increments without a doubt...
10-7-2023 Intel Guru MarkZ [via PDK] Very quiet overnight on the RV side…..but, great expectations for this weekend or the first part of this week. My redemption center folks are on call this weekend. They are not at work…they are “on call”...Last week I told you all that I know a number of bankers...put on “stand by” for imminent currency value changes. I thought this was huge news. My bank crew is sure ramped up and expecting something big this week.
10-7-2023 Intel Guru Frank26 Sudani went and told all the contractors he signed with, they can come into Iraq without any restrictions. That's Article VIII...You are a sovereign country. You can do whatever the hell you want to do with your currency and exchange rate.
10-7-2023 Newshound Guru Militia Man Article: "Specialist: The government is obligated to present its vision for next year’s budget in the middle of this month" The government still being unable to implement the budget for the years 2023, 20224 and 2025 are amid secrecy and strict instructions to officials and advisors not to talk about the issue of the current or upcoming budget. Think about all of this. They are keeping what we are looking for tight to the chest. Rightfully so.. I love this!
10-7-2023 Newshound Guru Jeff The budget remains unapproved right now. The budget is not approved because of something they did to the budget specifically in the month of September [Amended it]. Prior to this event in September the budget was approved. They did something specifically in September making the budget unapproved...Parliament still has to approve the budget again.
10-7-2023 Newshound/Intel Guru Mnt Goat I asked [my CBI contact in Iraq] about the project to delete the zeros and was told it is coming and is now an active project no longer just a later project. I asked for some target dates and was given that they planned to redenominate sometime prior to the end of the year. To me this is so inline what we are thinking for a January 2024 reinstatement timeframe and other events also lining up.
10-7-2023 Newshound Guru Clare Wall Street Journal Article: "Iraq Asked for $1 Billion in Cash. This Time, Washington Said No." Quote: "Iraq is seeking a special shipment of $1 billion in cash from the Federal Reserve Bank of New York, but U.S. officials have withheld approval, saying the request runs counter to their efforts to rein in Baghdad’s use of dollars and halt illicit cash flows to Iran. Since the U.S. invasion of Iraq two decades ago, the U.S. has supplied $10 billion or more a year to Baghdad on semimonthly cargo flights carrying massive pallets of cash, drawn from Iraqi oil sales proceeds deposited at the Fed. In Iraqi hands, the bank notes have become a lucrative source of illicit dollars for powerful militias and corrupt politicians, as well as for Iran, U.S. officials say"
10-7-2023 Intel Guru MarkZ [via PDK] …no update yet...from redemption center folks...as to whether they expect to work this weekend. I have been hitting a brick wall…their phones seem to be turned off…. I don’t know if that is a great thing or a coincidence. Yesterday a number of them told me they are on “stand by” specifically for currency exchanges. I think this is huge. Let’s see if something comes of it.
10-7-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free Web Class. Click here to learn more >>
10-7-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] I can't bring my 1 million dinars and deposit them as dinars in your bank? AKI: No. We're an American bank.
10-7-2023 Newshound Guru Pimpy Question: "Is it worth it to invest in the dinar?" I have them. I think it's something to consider. You should have discretionary funds if you're going to buy the Iraqi dinar. I hold like 4 or 5 million...I think it's worth it. I'm just holding on to it. It's a legitimate currency. It's way undervalued. They have a lot of sanctions on them. So what happens if you take away the sanctions? Well then the currency will be able to function like it should without all this weight on its back. I think it's worth it. Is it going to RV tomorrow? No. It's going to take time. But not a lot of time. Not like before...The steps that Iraq's taking at this present moment you can see it go up in increments without a doubt...
10-7-2023 Intel Guru MarkZ [via PDK] Very quiet overnight on the RV side…..but, great expectations for this weekend or the first part of this week. My redemption center folks are on call this weekend. They are not at work…they are “on call”...Last week I told you all that I know a number of bankers...put on “stand by” for imminent currency value changes. I thought this was huge news. My bank crew is sure ramped up and expecting something big this week.
10-7-2023 Intel Guru Frank26 Sudani went and told all the contractors he signed with, they can come into Iraq without any restrictions. That's Article VIII...You are a sovereign country. You can do whatever the hell you want to do with your currency and exchange rate.
10-7-2023 Newshound Guru Militia Man Article: "Specialist: The government is obligated to present its vision for next year’s budget in the middle of this month" The government still being unable to implement the budget for the years 2023, 20224 and 2025 are amid secrecy and strict instructions to officials and advisors not to talk about the issue of the current or upcoming budget. Think about all of this. They are keeping what we are looking for tight to the chest. Rightfully so.. I love this!
10-7-2023 Newshound Guru Jeff The budget remains unapproved right now. The budget is not approved because of something they did to the budget specifically in the month of September [Amended it]. Prior to this event in September the budget was approved. They did something specifically in September making the budget unapproved...Parliament still has to approve the budget again.
10-7-2023 Newshound/Intel Guru Mnt Goat I asked [my CBI contact in Iraq] about the project to delete the zeros and was told it is coming and is now an active project no longer just a later project. I asked for some target dates and was given that they planned to redenominate sometime prior to the end of the year. To me this is so inline what we are thinking for a January 2024 reinstatement timeframe and other events also lining up.
10-7-2023 Newshound Guru Clare Wall Street Journal Article: "Iraq Asked for $1 Billion in Cash. This Time, Washington Said No." Quote: "Iraq is seeking a special shipment of $1 billion in cash from the Federal Reserve Bank of New York, but U.S. officials have withheld approval, saying the request runs counter to their efforts to rein in Baghdad’s use of dollars and halt illicit cash flows to Iran. Since the U.S. invasion of Iraq two decades ago, the U.S. has supplied $10 billion or more a year to Baghdad on semimonthly cargo flights carrying massive pallets of cash, drawn from Iraqi oil sales proceeds deposited at the Fed. In Iraqi hands, the bank notes have become a lucrative source of illicit dollars for powerful militias and corrupt politicians, as well as for Iran, U.S. officials say"
10-7-2023 Intel Guru MarkZ [via PDK] …no update yet...from redemption center folks...as to whether they expect to work this weekend. I have been hitting a brick wall…their phones seem to be turned off…. I don’t know if that is a great thing or a coincidence. Yesterday a number of them told me they are on “stand by” specifically for currency exchanges. I think this is huge. Let’s see if something comes of it.
10-6-2023 Intel Guru Frank26 It [the dinar] will be introduced internationally. I don't care if it stays at 1132 as long as it's international. What is that definition? Restrictions free...The next step of the Iraqi dinar should be coming out... International equals a new exchange rate.
10-6-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] Can I bring my dinars to your bank to deposit them? AKI: No. I follow international laws. I'm a bank in the United States of American. You can only deposit American dollars in my bank. I work with the CBI but I follow American international laws.
10-6-2023 Intel Guru MarkZ [via PDK] More chatter on the Iraqi side of things with great expectations for the weekend. Most are looking Late Saturday/early Sunday for something from Iraq. Some type of announcement?
10-6-2023 Newshound Guru Pimpy I think you're going to see it go up in increments...but it's going to take 2 or 3 years for it to even get close to 1 to 1. I know you guys don't want to hear that...I definitely feel we're going to get there within the next 3 years absolutely...It's my feeling a lot of great things are happening over in the Middle East...
10-6-2023 Intel Guru Bruce [via WiserNow] They are trading the rates up. Iraq did what they needed to do. They're all good to go. They've already been sending out hydrocarbon law funds on the on the profit sharing, if you will of the oil and gas in Iraq...maybe we get notified Saturday, maybe it's Monday afternoon, but either way we go we're definitely moving forward this final result for us...
10-6-2023 Newshound Guru Militia Man The parallel market is a black market. It's illegal. They're not supposed to be doing it. They're only supposed to be doing trade in dinar...At some point in time, whether it be today, tomorrow, the next day or out to the end of the year, they're going to de-dollarize the country...There's illicit trade going on and there's fraud/money laundering and the ultimate goal is to get rid of it...If you're going to de-dollarize the country you're going to need to bring it [dinar] some value because a dollar is worth a lot more than a dinar at the moment...
10-6-2023 Newshound Guru Jeff A very very very important article came out... "Iraq prohibits cash withdrawals in dollar in early January 2024" This is either very very extremely good new or very extremely bad news... Quote: "The country will ban cash withdrawals and transactions in dollars starting from January 1, 2024 in the latest effort to limit the misuse of the country's hard currency reserves in financial crimes" Again this is either very bad news or very good news. If you receive it as good news it has nothing to do with the rate change specifically in the month of January. The rate is not changing in January.
10-6-2023 Intel Guru MarkZ [via PDK] A lot of my sources feel that Monday is our day…A lot of them …actually...think our day is before that and Monday is when we start going to the bank! They are all expecting big things this weekend. I am hesitant to say if it’s a “go” or “not a go” just yet. But I am excited about the potential. There is nothing negative at all.
10-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within two weeks it will be the first step of the electronic transfer formation. FRANK: In two weeks they told Iraqi citizens they will be the first step of the electronic transfer formation? Which started on the 28th of last month? So what are your intentions in two weeks CBI? What are you sending across your border internationally?
10-6-2023 Newshound Guru Sandy Article: "Iraq to end all dollar cash withdrawals by Jan. 1 2024 -C.bank official" Breaking news...Iraq will bank cash withdrawals and transactions in US dollars as of January 1 2024 in the latest push to curb the misuse of hard currency reserves in financial crimes and the evasion of US sanctions on Iraq....This move aims to stamp out the illicit use of some 50% of the 10 billion US dollars that Iraq imports in cash from New York Federal reserve each year...guys this is major.
10-6-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free On-demand-video. Click here to learn more >>
10-6-2023 Newshound Guru Clare Article: "Iraq prohibits cash withdrawals in dollars as of the beginning of 2024". Quote: "A senior official in the Central Bank of Iraq said that the country will ban cash withdrawals and transactions in US dollars as of January 1, 2024, in the latest effort to limit the misuse of the country’s hard currency reserves in financial crimes...dollars deposited in 2024 can only be withdrawn in local currency at the official rate of 1,320 dinars to the dollar.
10-6-2023 Intel Guru MarkZ [via PDK] ...From the banking side (I got this from a couple different sources) So from bankers in different states…They were told they are officially on “STAND BY”... We have not seen that in a very, very long time…and I have never gotten it from multiple states in different areas that are un-related…AND, these are from different top-tier banks. So this is something going out from multiple banks…in multiple states.
10-6-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] Can I bring my dinars to your bank to deposit them? AKI: No. I follow international laws. I'm a bank in the United States of American. You can only deposit American dollars in my bank. I work with the CBI but I follow American international laws.
10-6-2023 Intel Guru MarkZ [via PDK] More chatter on the Iraqi side of things with great expectations for the weekend. Most are looking Late Saturday/early Sunday for something from Iraq. Some type of announcement?
10-6-2023 Newshound Guru Pimpy I think you're going to see it go up in increments...but it's going to take 2 or 3 years for it to even get close to 1 to 1. I know you guys don't want to hear that...I definitely feel we're going to get there within the next 3 years absolutely...It's my feeling a lot of great things are happening over in the Middle East...
10-6-2023 Intel Guru Bruce [via WiserNow] They are trading the rates up. Iraq did what they needed to do. They're all good to go. They've already been sending out hydrocarbon law funds on the on the profit sharing, if you will of the oil and gas in Iraq...maybe we get notified Saturday, maybe it's Monday afternoon, but either way we go we're definitely moving forward this final result for us...
10-6-2023 Newshound Guru Militia Man The parallel market is a black market. It's illegal. They're not supposed to be doing it. They're only supposed to be doing trade in dinar...At some point in time, whether it be today, tomorrow, the next day or out to the end of the year, they're going to de-dollarize the country...There's illicit trade going on and there's fraud/money laundering and the ultimate goal is to get rid of it...If you're going to de-dollarize the country you're going to need to bring it [dinar] some value because a dollar is worth a lot more than a dinar at the moment...
10-6-2023 Newshound Guru Jeff A very very very important article came out... "Iraq prohibits cash withdrawals in dollar in early January 2024" This is either very very extremely good new or very extremely bad news... Quote: "The country will ban cash withdrawals and transactions in dollars starting from January 1, 2024 in the latest effort to limit the misuse of the country's hard currency reserves in financial crimes" Again this is either very bad news or very good news. If you receive it as good news it has nothing to do with the rate change specifically in the month of January. The rate is not changing in January.
10-6-2023 Intel Guru MarkZ [via PDK] A lot of my sources feel that Monday is our day…A lot of them …actually...think our day is before that and Monday is when we start going to the bank! They are all expecting big things this weekend. I am hesitant to say if it’s a “go” or “not a go” just yet. But I am excited about the potential. There is nothing negative at all.
10-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within two weeks it will be the first step of the electronic transfer formation. FRANK: In two weeks they told Iraqi citizens they will be the first step of the electronic transfer formation? Which started on the 28th of last month? So what are your intentions in two weeks CBI? What are you sending across your border internationally?
10-6-2023 Newshound Guru Sandy Article: "Iraq to end all dollar cash withdrawals by Jan. 1 2024 -C.bank official" Breaking news...Iraq will bank cash withdrawals and transactions in US dollars as of January 1 2024 in the latest push to curb the misuse of hard currency reserves in financial crimes and the evasion of US sanctions on Iraq....This move aims to stamp out the illicit use of some 50% of the 10 billion US dollars that Iraq imports in cash from New York Federal reserve each year...guys this is major.
10-6-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free On-demand-video. Click here to learn more >>
10-6-2023 Newshound Guru Clare Article: "Iraq prohibits cash withdrawals in dollars as of the beginning of 2024". Quote: "A senior official in the Central Bank of Iraq said that the country will ban cash withdrawals and transactions in US dollars as of January 1, 2024, in the latest effort to limit the misuse of the country’s hard currency reserves in financial crimes...dollars deposited in 2024 can only be withdrawn in local currency at the official rate of 1,320 dinars to the dollar.
10-6-2023 Intel Guru MarkZ [via PDK] ...From the banking side (I got this from a couple different sources) So from bankers in different states…They were told they are officially on “STAND BY”... We have not seen that in a very, very long time…and I have never gotten it from multiple states in different areas that are un-related…AND, these are from different top-tier banks. So this is something going out from multiple banks…in multiple states.
10-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report]
FIREFLY: We are celebrating our independence and being a sovereign
country...Sudani...talking about how we will not allow others to rule
over us... FRANK: Congratulations...your country is now
restriction free...You are a sovereign country...Your country is
secure and stable...These are the two magic words Dr. Shabibi the
author of your monetary reform plan wanted before he released the new
exchange rate and new currency.
10-5-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free On-demand-video. Click here to learn more >>
10-5-2023 Intel Guru MarkZ [via PDK] “Iraq asked for $1
Billion in cash and this time Washington said no” This is from the
WSJ. Iraq is between a rock and a hard spot for foreign currency….
They are not yet fully internationally recognized. There are still
some sanctions and controls there. Going fully international with a
rate change would fix their woes. Iraq has everything at stake for
this revaluation.
10-5-2023 Newshound Guru Sandy Ingram Article: "Iraq Receives
Its Second Boeing 787 Dreamliner" Iraq has taken possession of its
second Boeing 787 Dreamliner aircraft. This is the second of 10
airplanes Iraq has ordered. International research and reports say
travel in the Middle East will increase by more than 40% in the coming
years.
10-5-2023 Newshound Guru Pimpy Community comment "We are
looking at the very least 2 to 3 years left to go if they can keep on
the same track they are currently on..." That's my thinking, it's
going to take about 2 to 3 years. Before everybody starts banging
their head against the wall, that's for it to reach its full
potential. I'm the one who thinks it should go up in increments.
It's going to take at least 2 to 3 year, you might be around 1 to 1
around that time.
10-5-2023 Newshound Guru Jeff Article: "The American decision still dominates Iraq. What do we need to get rid of it?" The United States still has possession and control over all of Iraq's OPEC dollars in Washington DC. Quote: "America is putting pressure on Iraq because it has not completely emerged from the UN resolutions..." Those are the U.N. Chapter 7 sanctions.
10-5-2023 Intel Guru Frank26 We see the evidence of the financial international transactions on the 28th. We see the private banks opening with Aki [Guru Walkingsticks Iraq bank friend in the US- October 1st]. We see Independence Day [Tuesday October 3rd]. The only thing we're not seeing is the HCL. Why? Let me ask you something. Did they release the new exchange rate? No. What did I tell you? The moment you see the HCL in the next nanosecond you will see the new exchange rate...
10-5-2023 Guest Guru Pompey Peter Ascension to the WTO is enormous because it means that they could then literally start start moving goods in and out freely, they can make taxes and tariffs at the border and they can trade freely without having to do this 'oil for aid' nonsense process... To have an international currency therefore to be article VIII, to be WTO, we need to know something on the Forex.
10-5-2023 Intel Guru MarkZ [via PDK] Question: Any news on Iraq and the WTO? MarkZ: When I find out – I will tell you. I think this is a big “tell” they are trying to keep from us. If they let this news out before they are ready for us…it would be a mad dash for everyone to buy Iraqi dinar…It would be a clear signal of a changing rate…so my guess is they have already been accepted and are waiting to announce the value…that is my best guess.
10-5-2023 Newshound/Intel Guru Walkingstick IMO the opening date [For Iraqi private banks] of October 1st was for the HCL. Their main goal was to be online internationally before the HCL payments. They are.
10-5-2023 Newshound Guru Militia Man Iraq went to the U.N. and told everybody they were a free sovereign state. That goes along with having a sovereign currency...and then to be able to go into the international financial system...All of that is on the table...I don't think there is anything stopping them. I don't know if this is going to happen in the next 24-48 hours or if it's going to still be a significant amount of time. Bottom line is we can see them moving forward ...I'm elated and I think it's going to be a good week.
10-5-2023 Intel Guru Frank26 [Boots on the ground SuperGirl in Erbil Update] I spoke with Dyaa and his family, so far no one has received anything nor have they heard anyone receive anything concerning the HCL... FRANK: We are hearing it from many sources but we believe they are just rumors. They mentioned they may be doing traunches but we have not seen any evidence of it yet.
10-5-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free video explains everything. Click here to learn more >>
10-5-2023 Intel Guru MarkZ [via PDK] We are hearing some conflicting opinions that we need the house of representatives to be back with a new speaker of the house to remove the remaining sanctions on Iraq. It is my understanding the bill is already at the senate and it could happen at any time.
10-5-2023 Intel Guru Bruce [via WiserNow] I don't really talk specifically on rates...But...we've got very strong rates on dinar and Dong well into double digits.
10-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying in two weeks it will be the first step of the electronic transformation. FRANK: That would be the digital electronic international transformation. {Mic drop}
10-4-2023 Newshound Guru Militia Man Where are they going to get all the money to do all this road construction? Where are you going to get all the money for the water, sewer and all of those things? Where is that money going to come from when you have an exchange rate at 1310? Everybody should be pretty happy to see Iraq is getting ready to be underway...
10-6-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free video explains everything. Click here to learn more >>
10-4-2023 Intel Guru MarkZ [via PDK] Some banking sources Think redemptions may start on Monday…they think this…but do not know for sure. Focus on the fact that we are seeing solid progress…and that things are close. To be honest I am hoping for it to happen this weekend.
10-4-2023 Newshound Guru Pimpy Article: "Financial expert: The International financial system prevents Iraq from dealing with non-dollars" It's kind of hard to be part of a system that prevents you from dealing in non-us dollars...People are not using the central bank. The United States is not helping the central bank central the issue. They're creating the issue. They're creating the black market.
10-4-2023 Newshound Guru Samson Article: "Iraqis celebrate their 91st National Day" Quote: "Iraqis celebrate the 91st National Day, as Iraq became the first Arab country to get rid of the British mandate, and the 57th in the world to gain independence and full powers in accordance with international law."
10-4-2023 Intel Guru Bruce [via WiserNow] ...they paid contractors...and they're also paying on the HCL Law...The oil and gas law...they've paid people that we know have already received it...So Iraq is rolling...they're doing everything that they said that they were going to do and bringing it out including their budget and all of that good stuff...I'm looking forward to everything transpiring. This is an incredible time for us. Everything is ready to go...getting ready to get notified that appointments can start exchanges... hopefully as early as tomorrow [Wednesday] afternoon/evening.
10-4-2023 Guest Guru PompeyPeter Iraq has to be Article VIII to ascend to the WTO...Are they going to say they're Article VIII at 1300? No they're not. Absolutely not. Theoretically/technically they could but they're not...How do we know they're not? They'll implode. They cannot do all the things listed on the budget. Why would you go at 1300 to 1 when you could go 1 to 4?
10-4-2023 Newshound Guru Clare Article: "Al-Sudani congratulated him on the National Day: Iraq will remain a pillar of stability, security and prosperity in the world" Quote: "In February of 2008, it was decided to make October 3 a national holiday, and that decision was not effective until September 2020 after the Iraqi government issued a law related to the national holiday."
10-4-2023 Intel Guru MarkZ [via PDK] Question: hearing that a currency lockdown has occurred. Have you heard this Mark? MarkZ: No I havn’t…but I am wondering if that is why there is sudden quiet out of Iraqi contacts. I reached out yesterday and today and am hitting a brick wall. It would not surprise me if a currency lockdown had started in-country. Question: What is a currency lock-down? MarkZ: Basically it is where a country locks down borders so people cannot come and go carrying currency…while they handle a “change in value” ….In other words they go dark similar to what Kuwait did for about 10 days.
10-4-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] Why October 1st [to open your bank]? AKI: This date was chosen. That date was based on when the HCL would come out. Also this date was picked to pay the Iraqi citizens their oil sales proceeds through the HCL. As of yesterday [October 1st] all Iraqi citizens past the age of 16 years old should have opened an account or one was opened for them...As of [October 1st] Iraqi citizens from around the world can open in these banks. They've been coming in to my bank to open up because of the monetary reform education...
10-4-2023 Intel Guru Frank26 Now they will only use the auctions for the GOI to run its businesses from now on making it very difficult for Iran to steal dinars through the auctions because that's where they used to steal the dollar through the auctions but there are no more dollars and that's why your security and stability is so strong right now. That's why we believe you're article VIII and the whole world is pouring in right now because they know that.
10-4-23 Newshound Guru Militia Man Article quote: "The union submitted an invitation to the organization to attend the introductory symposium on Iraq's entry into the World Trade Organization which will be held October 4, 2023..." You have World Trade Organization going to have a meeting...We're going to have to wait and see how that turns out...Ascension is hopefully on the table...
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10-4-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ADOPT FOUR CURRENCIES INSTEAD OF THE DOLLAR FOR EXTERNAL TRANSFER" Yes, they are finally going to pay for imports outside of the dollar. Wonderfull news for us… Yet another sign the currency auctions to pay for imports solely in US dollars is coming to an end and fast. This yet more WOW! News!
10-4-2023 Intel Guru MarkZ ...I am told we will suddenly see a lot of movement on the removal of sanctions...I expect to see that in the next day or two...
10-4-2023 Newshound Guru Militia Man Where are they going to get all the money to do all this road construction? Where are you going to get all the money for the water, sewer and all of those things? Where is that money going to come from when you have an exchange rate at 1310? Everybody should be pretty happy to see Iraq is getting ready to be underway...
10-6-2023 Get Monthly Income "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY...Day after day, month after month automatically, like clockwork. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Now, Banking Changes Forever. Discover How To Make A Monthly Income While Helping Others (and yourself) Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $30,000/month. Earn as little or as much as you like, no caps. Flexible hours. Free video explains everything. Click here to learn more >>
10-4-2023 Intel Guru MarkZ [via PDK] Some banking sources Think redemptions may start on Monday…they think this…but do not know for sure. Focus on the fact that we are seeing solid progress…and that things are close. To be honest I am hoping for it to happen this weekend.
10-4-2023 Newshound Guru Pimpy Article: "Financial expert: The International financial system prevents Iraq from dealing with non-dollars" It's kind of hard to be part of a system that prevents you from dealing in non-us dollars...People are not using the central bank. The United States is not helping the central bank central the issue. They're creating the issue. They're creating the black market.
10-4-2023 Newshound Guru Samson Article: "Iraqis celebrate their 91st National Day" Quote: "Iraqis celebrate the 91st National Day, as Iraq became the first Arab country to get rid of the British mandate, and the 57th in the world to gain independence and full powers in accordance with international law."
10-4-2023 Intel Guru Bruce [via WiserNow] ...they paid contractors...and they're also paying on the HCL Law...The oil and gas law...they've paid people that we know have already received it...So Iraq is rolling...they're doing everything that they said that they were going to do and bringing it out including their budget and all of that good stuff...I'm looking forward to everything transpiring. This is an incredible time for us. Everything is ready to go...getting ready to get notified that appointments can start exchanges... hopefully as early as tomorrow [Wednesday] afternoon/evening.
10-4-2023 Guest Guru PompeyPeter Iraq has to be Article VIII to ascend to the WTO...Are they going to say they're Article VIII at 1300? No they're not. Absolutely not. Theoretically/technically they could but they're not...How do we know they're not? They'll implode. They cannot do all the things listed on the budget. Why would you go at 1300 to 1 when you could go 1 to 4?
10-4-2023 Newshound Guru Clare Article: "Al-Sudani congratulated him on the National Day: Iraq will remain a pillar of stability, security and prosperity in the world" Quote: "In February of 2008, it was decided to make October 3 a national holiday, and that decision was not effective until September 2020 after the Iraqi government issued a law related to the national holiday."
10-4-2023 Intel Guru MarkZ [via PDK] Question: hearing that a currency lockdown has occurred. Have you heard this Mark? MarkZ: No I havn’t…but I am wondering if that is why there is sudden quiet out of Iraqi contacts. I reached out yesterday and today and am hitting a brick wall. It would not surprise me if a currency lockdown had started in-country. Question: What is a currency lock-down? MarkZ: Basically it is where a country locks down borders so people cannot come and go carrying currency…while they handle a “change in value” ….In other words they go dark similar to what Kuwait did for about 10 days.
10-4-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] Why October 1st [to open your bank]? AKI: This date was chosen. That date was based on when the HCL would come out. Also this date was picked to pay the Iraqi citizens their oil sales proceeds through the HCL. As of yesterday [October 1st] all Iraqi citizens past the age of 16 years old should have opened an account or one was opened for them...As of [October 1st] Iraqi citizens from around the world can open in these banks. They've been coming in to my bank to open up because of the monetary reform education...
10-4-2023 Intel Guru Frank26 Now they will only use the auctions for the GOI to run its businesses from now on making it very difficult for Iran to steal dinars through the auctions because that's where they used to steal the dollar through the auctions but there are no more dollars and that's why your security and stability is so strong right now. That's why we believe you're article VIII and the whole world is pouring in right now because they know that.
10-4-23 Newshound Guru Militia Man Article quote: "The union submitted an invitation to the organization to attend the introductory symposium on Iraq's entry into the World Trade Organization which will be held October 4, 2023..." You have World Trade Organization going to have a meeting...We're going to have to wait and see how that turns out...Ascension is hopefully on the table...
10-4-2023 Double Your Purchasing Power - Calling all Dinar Investors who love free stuff. Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff by doubling your purchasing power. Which card do you want in your wallet? To learn more about the green card and how to get one for yourself watch this quick 3-minute video >>
10-4-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ADOPT FOUR CURRENCIES INSTEAD OF THE DOLLAR FOR EXTERNAL TRANSFER" Yes, they are finally going to pay for imports outside of the dollar. Wonderfull news for us… Yet another sign the currency auctions to pay for imports solely in US dollars is coming to an end and fast. This yet more WOW! News!
10-4-2023 Intel Guru MarkZ ...I am told we will suddenly see a lot of movement on the removal of sanctions...I expect to see that in the next day or two...
10-3-2023 Intel Guru Frank26 Oh my goodness the float is going to be fantastic. You think the float is going to take a few months? No. It may take a few hours!
10-3-2023 Double Your Purchasing Power - Calling all Dinar Investors who love free stuff. Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff by doubling your purchasing power. Which card do you want in your wallet? To learn more about the green card and how to get one for yourself watch this quick 3-minute video >>
10-3-2023 Newshound Guru Samson Article: "Deputy: 11 countries want to invest in the path of development...the number will reach 50 soon"
10-3-2023 Intel Guru RayRen98 [via Babysmom] Tuesday Afternoon Update: "I DO"BELIEVE " THAT IT HAS BEGUN"..."THE COUNTDOWN HAS CONCLUDED..."
10-3-2023 Newshound Guru Pimpy Article: "Iraq is fourth in the Arab world by possessing the 'lion's share' of gold reserves" I always love to hear that. Right now Iraq is holding 132.6 tons of gold. You notice that these nations are still buying up large quantities of gold, which is a good sign.
now if you want to know the full story.
10-3-2023 Newshound Guru Jeff There's a huge consensus out there among most of the dinar content creators that the rate is going to change this coming week between now and this weekend. None of that is true of course...There's a huge tremendous misunderstanding throughout the dinar community right now...of what's really happening within the dinar investment...
10-3-2023 Intel Guru MarkZ [via PDK] My gut is screaming “Within the week” It will start tingling tomorrow…imo…and I hope by this weekend we will have it.
10-3-2023 Intel Guru Frank26 One of the mandates, rules, orders, laws of the WTO is not for you to have an international currency value but for you to have a currency with no restrictions...That's why you'll [Iraq] be part of the WTO because you won't have any restrictions...Everyday you get closer and closer and closer. The inchworm, it's getting there isn't it. All these pieces are snapping together perfect...
10-3-2023 Guru Nader From The Mid East Forex, you're gonna see all zeros. I called a friend of mine in the banks and she explained the reason for [Sunday] all Forex are in zeros is because the banks were working after hours. 10 or 8 hours of work updated all the currencies of the world....She's a banker auditor with a lot of friends in banks so she called them on the currency side and asked them why. They told her they'll edit all the currencies of the world and this is the first time it happened. They don't know why...A lot of things going on these days. A lot of good news...A lot of things happening in one week. A lot of things gonna happen.
10-3-2023 Newshound Guru Militia Man Did they say they were Sovereign? According to the Prime Minister at the U.N., yes they did say they were sovereign ...What you can deduce from the bigger picture...Iraq is going international. You can't deny it. They're getting ready to do something and we can see that...We're in a really good spot...
10-3-2023 Intel Guru MarkZ [via PDK] For those worried about paying taxes on the exchange…..This is from the US state Dept. Bilateral Investment Agreements and Taxation Treaties… Iraq does not have a Bilateral Investment Treaty (BIT) or a bilateral taxation treaty with the United States. ...it states “There are no taxes or subsidies on purchases or sales of foreign exchange.“
10-3-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] Your bank opened? Yes it did...The bank was not open until now to the public...Due to the United States Treasury giving them a new license they now can run as an international bank inside of the United States of America that will have to follow all international banking laws inside of America. This is not the only one [bank] that has an opening around the world...As of this hour we're in right now, worldwide 138 of these banks have opened so far...
10-3-2023 Intel Guru Frank26 A long time ago, I told you, the moment you see the HCL, seconds later you'll see the new exchange rate...There are a lot of rumors saying this guy got all this [HCL] money, they're going to get it every month for now on. No. No. If it's true, show me. It's been 5 or 6 days now and you still have not shown the internet...The rumors have some truth to them. IMO the HCL is being distributed in tranches. These increments are only being done specifically. But the HCL is not out yet...The moment you see the HCL, BOOM! You'll see the new exchange rate.
10-3-2023 Intel/Newshound Guru Babysmom HCL STANDS FOR HYDROCARBON LAW. IT IS MONEY THAT IRAQI CITIZENS GET AS A STIPEND FOR THE OIL THAT BAGHDAD SELLS. IT IS BELIEVED THAT IF THE IRAQI CITIZENS WERE GETTING THEIR HCL STIPENDS, IT WOULD BE AT THE NEW RATE.
10-3-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
10-3-2023 Intel Guru RayRen98 They are making HCL payments through out the country today...
10-3-2023 Intel Guru MarkZ ...a few sources are traveling back to Iraq later this week in the hopes that this is “it” for them. This is encouraging and we will see if it is accurate...
10-3-2023 Double Your Purchasing Power - Calling all Dinar Investors who love free stuff. Imagine two Visa debit cards sitting on a table…one red and one lime green. Each loaded with $1,000. The red card can get you $1,000 worth of stuff like normal. The green card can get you $2,000 worth of stuff by doubling your purchasing power. Which card do you want in your wallet? To learn more about the green card and how to get one for yourself watch this quick 3-minute video >>
10-3-2023 Newshound Guru Samson Article: "Deputy: 11 countries want to invest in the path of development...the number will reach 50 soon"
10-3-2023 Intel Guru RayRen98 [via Babysmom] Tuesday Afternoon Update: "I DO"BELIEVE " THAT IT HAS BEGUN"..."THE COUNTDOWN HAS CONCLUDED..."
10-3-2023 Newshound Guru Pimpy Article: "Iraq is fourth in the Arab world by possessing the 'lion's share' of gold reserves" I always love to hear that. Right now Iraq is holding 132.6 tons of gold. You notice that these nations are still buying up large quantities of gold, which is a good sign.
now if you want to know the full story.
10-3-2023 Newshound Guru Jeff There's a huge consensus out there among most of the dinar content creators that the rate is going to change this coming week between now and this weekend. None of that is true of course...There's a huge tremendous misunderstanding throughout the dinar community right now...of what's really happening within the dinar investment...
10-3-2023 Intel Guru MarkZ [via PDK] My gut is screaming “Within the week” It will start tingling tomorrow…imo…and I hope by this weekend we will have it.
10-3-2023 Intel Guru Frank26 One of the mandates, rules, orders, laws of the WTO is not for you to have an international currency value but for you to have a currency with no restrictions...That's why you'll [Iraq] be part of the WTO because you won't have any restrictions...Everyday you get closer and closer and closer. The inchworm, it's getting there isn't it. All these pieces are snapping together perfect...
10-3-2023 Guru Nader From The Mid East Forex, you're gonna see all zeros. I called a friend of mine in the banks and she explained the reason for [Sunday] all Forex are in zeros is because the banks were working after hours. 10 or 8 hours of work updated all the currencies of the world....She's a banker auditor with a lot of friends in banks so she called them on the currency side and asked them why. They told her they'll edit all the currencies of the world and this is the first time it happened. They don't know why...A lot of things going on these days. A lot of good news...A lot of things happening in one week. A lot of things gonna happen.
10-3-2023 Newshound Guru Militia Man Did they say they were Sovereign? According to the Prime Minister at the U.N., yes they did say they were sovereign ...What you can deduce from the bigger picture...Iraq is going international. You can't deny it. They're getting ready to do something and we can see that...We're in a really good spot...
10-3-2023 Intel Guru MarkZ [via PDK] For those worried about paying taxes on the exchange…..This is from the US state Dept. Bilateral Investment Agreements and Taxation Treaties… Iraq does not have a Bilateral Investment Treaty (BIT) or a bilateral taxation treaty with the United States. ...it states “There are no taxes or subsidies on purchases or sales of foreign exchange.“
10-3-2023 Newshound/Intel Guru Walkingstick [Iraqi banking friend Aki update] Your bank opened? Yes it did...The bank was not open until now to the public...Due to the United States Treasury giving them a new license they now can run as an international bank inside of the United States of America that will have to follow all international banking laws inside of America. This is not the only one [bank] that has an opening around the world...As of this hour we're in right now, worldwide 138 of these banks have opened so far...
10-3-2023 Intel Guru Frank26 A long time ago, I told you, the moment you see the HCL, seconds later you'll see the new exchange rate...There are a lot of rumors saying this guy got all this [HCL] money, they're going to get it every month for now on. No. No. If it's true, show me. It's been 5 or 6 days now and you still have not shown the internet...The rumors have some truth to them. IMO the HCL is being distributed in tranches. These increments are only being done specifically. But the HCL is not out yet...The moment you see the HCL, BOOM! You'll see the new exchange rate.
10-3-2023 Intel/Newshound Guru Babysmom HCL STANDS FOR HYDROCARBON LAW. IT IS MONEY THAT IRAQI CITIZENS GET AS A STIPEND FOR THE OIL THAT BAGHDAD SELLS. IT IS BELIEVED THAT IF THE IRAQI CITIZENS WERE GETTING THEIR HCL STIPENDS, IT WOULD BE AT THE NEW RATE.
10-3-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
10-3-2023 Intel Guru RayRen98 They are making HCL payments through out the country today...
10-3-2023 Intel Guru MarkZ ...a few sources are traveling back to Iraq later this week in the hopes that this is “it” for them. This is encouraging and we will see if it is accurate...
10-2-2023 Intel Guru Frank26 Community comment "I always felt that if the dinar came out of the gate at one to one it would cause mass inflation due to the amount in circulation. Hitting the forex at 1000 to 1 makes more sense to me. I do believe however that it won’t stay there very long IMO as the demand will be great." Yes!!
10-2-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
10-2-2023 Newshound Guru Militia Man There are a lot of projects that are very expensive and they need to have an investment budget to go along with that. Why has it been delayed? Probably because there's something they're not quite yet ready to expose or they're just about ready to expose. They're going to have to have an International currency...exchange rate and the country needs to have that final step to sovereignty.
10-2-2023 Intel Guru MarkZ [via PDK] Hearing some pretty interesting stuff…including confirmations from banks...This comes from different sources... Many of the foreign currencies that we have been look for and talking about are now showing on bank screens. This came after the weekend forex updates. We believe this is fantastic news...I had a number of bankers reach out …ones that had always questioned and doubted me…saying they think I am right and this is about to go. I am getting excited about this …even though we don’t know the exact timing. Question: Could it be this week? Absolutely...We are still looking for announcements out of Iraq on the 3rd or the 4th….most likely the 4th...
10-2-2023 Newshound Guru Jeff The budget has not been approved to date. That means it remains in an incomplete unapproved state...Yes they voted on it since last June but...two Sundays ago Iraq's council of Ministers...did a draft amendment to the budget making it so it's no longer in an approved state. Parliament still needs to approve the budget again...The budget right now is incomplete and unapproved by parliament.
10-2-2023 Newshound Guru Kaperoni The Central Bank announced that approx 90% of the currency transferred for imports was done electronically at the official rate, which is a good thing as it shows the implementation of the electronic platform is working.
10-2-2023 Newshound Guru Pimpy There is nothing out there right now not a single action that's happening that points to a revaluation of the Iraqi dinar. Nothing out there right now. Nothing. Now, they are taking all the steps necessary to increase the value of the Iraqi dinar but there is nothing out there that points to the revelation of the Iraqi dinar, nothing whatsoever.
10-2-2023 Intel Guru Angel1 Here's the the thing, a country doesn't claim its independence hoping that one day they become independent. Nope, they claim their independence when they are independent. They are no longer waiting for their independence. I'm talking about banking reform, economic reform, military, geopolitical, every level. They're not waiting to be independent, they are waiting for the day to celebrate their independence. Independence is upon them now. It is who they are. That dinar is about to be independent and travel the world like a free little bird and baby I cannot wait to celebrate! It has been too long.
10-2-2023 Intel Guru MarkZ ...One of my contractor sources verified that yes, HCL money is indeed moving & people are getting paid...one was told to hang onto as much as he could because they are expecting a value change in the very near future...So is it possible this week? Absolutely. Things are lining up. Lots of comments going on for this week ...and we are expecting some announcements out of Iraq on Wednesday on that front...
10-2-2023 Intel Guru Frank26 The WTO...you don't have to have a high exchange rate. But what do you have to have in order to be part of the WTO? Your currency must be what? Sanction free. There must not be any restrictions on your bank or your currency to join the WTO.
10-2-2023 Newshound Guru Samson Article: "The Finance Committee criticizes the delay in budget implementation and promises to host the Ministers of Planning and Finance"
10-2-2023 Newshound Guru Militia Man Is the country sovereign? According to Al-Sudani who is the prime minister - yes. According to the Gazette, the 2023, 2024, 2025 budget has been published and it's enforced. However they haven't actually finished implement it or spending anything from it...The pressure is on to get this budget implemented now...
10-2-2023 Newshound Guru Jeff Community comment: "Iraq is a sovereign country." If Iraq was really sovereign that would mean no other country would have any power or control over them. They would have their independence and they would have possession of all their country's property. We're still waiting on the House of representatives within the United States to vote to remove the United State's War Authorization off of Iraq...That's one level of not having sovereignty and still having restrictions on Iraq.
10-2-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
10-2-2023 Intel Guru MarkZ [via PDK] I continue to hear we will not have taxes on this exchange. I suggest everyone plan on having taxes…but hopefully there will be none. [NOTE: Some gurus feel this will be taxed as ordinary income, others feel capital gains. The only opinion that matters is the IRS's. Always consult with your tax professionals at the appropriate time to figure out the right tax for your unique situation.]
10-2-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
10-2-2023 Newshound Guru Militia Man There are a lot of projects that are very expensive and they need to have an investment budget to go along with that. Why has it been delayed? Probably because there's something they're not quite yet ready to expose or they're just about ready to expose. They're going to have to have an International currency...exchange rate and the country needs to have that final step to sovereignty.
10-2-2023 Intel Guru MarkZ [via PDK] Hearing some pretty interesting stuff…including confirmations from banks...This comes from different sources... Many of the foreign currencies that we have been look for and talking about are now showing on bank screens. This came after the weekend forex updates. We believe this is fantastic news...I had a number of bankers reach out …ones that had always questioned and doubted me…saying they think I am right and this is about to go. I am getting excited about this …even though we don’t know the exact timing. Question: Could it be this week? Absolutely...We are still looking for announcements out of Iraq on the 3rd or the 4th….most likely the 4th...
10-2-2023 Newshound Guru Jeff The budget has not been approved to date. That means it remains in an incomplete unapproved state...Yes they voted on it since last June but...two Sundays ago Iraq's council of Ministers...did a draft amendment to the budget making it so it's no longer in an approved state. Parliament still needs to approve the budget again...The budget right now is incomplete and unapproved by parliament.
10-2-2023 Newshound Guru Kaperoni The Central Bank announced that approx 90% of the currency transferred for imports was done electronically at the official rate, which is a good thing as it shows the implementation of the electronic platform is working.
10-2-2023 Newshound Guru Pimpy There is nothing out there right now not a single action that's happening that points to a revaluation of the Iraqi dinar. Nothing out there right now. Nothing. Now, they are taking all the steps necessary to increase the value of the Iraqi dinar but there is nothing out there that points to the revelation of the Iraqi dinar, nothing whatsoever.
10-2-2023 Intel Guru Angel1 Here's the the thing, a country doesn't claim its independence hoping that one day they become independent. Nope, they claim their independence when they are independent. They are no longer waiting for their independence. I'm talking about banking reform, economic reform, military, geopolitical, every level. They're not waiting to be independent, they are waiting for the day to celebrate their independence. Independence is upon them now. It is who they are. That dinar is about to be independent and travel the world like a free little bird and baby I cannot wait to celebrate! It has been too long.
10-2-2023 Intel Guru MarkZ ...One of my contractor sources verified that yes, HCL money is indeed moving & people are getting paid...one was told to hang onto as much as he could because they are expecting a value change in the very near future...So is it possible this week? Absolutely. Things are lining up. Lots of comments going on for this week ...and we are expecting some announcements out of Iraq on Wednesday on that front...
10-2-2023 Intel Guru Frank26 The WTO...you don't have to have a high exchange rate. But what do you have to have in order to be part of the WTO? Your currency must be what? Sanction free. There must not be any restrictions on your bank or your currency to join the WTO.
10-2-2023 Newshound Guru Samson Article: "The Finance Committee criticizes the delay in budget implementation and promises to host the Ministers of Planning and Finance"
10-2-2023 Newshound Guru Militia Man Is the country sovereign? According to Al-Sudani who is the prime minister - yes. According to the Gazette, the 2023, 2024, 2025 budget has been published and it's enforced. However they haven't actually finished implement it or spending anything from it...The pressure is on to get this budget implemented now...
10-2-2023 Newshound Guru Jeff Community comment: "Iraq is a sovereign country." If Iraq was really sovereign that would mean no other country would have any power or control over them. They would have their independence and they would have possession of all their country's property. We're still waiting on the House of representatives within the United States to vote to remove the United State's War Authorization off of Iraq...That's one level of not having sovereignty and still having restrictions on Iraq.
10-2-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
10-2-2023 Intel Guru MarkZ [via PDK] I continue to hear we will not have taxes on this exchange. I suggest everyone plan on having taxes…but hopefully there will be none. [NOTE: Some gurus feel this will be taxed as ordinary income, others feel capital gains. The only opinion that matters is the IRS's. Always consult with your tax professionals at the appropriate time to figure out the right tax for your unique situation.]
10-1-2023 Intel Guru Frank26 A program rate is not a stable controlled exchange rate. They are saying things are different now. They are secure and stable. We do have international standards established...
10-1-2023 Newshound Guru Clare Article: "Iraq opens a project that produces more than 2,000 tons of liquid gas"
10-1-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
10-1-2023 Newshound Guru Breitling The reason I always pick $0.56 or $0.50 or $0.60 is because it dealt with the average value in the region of all the currencies. And also enough to deal in the western markets. That's the worst case scenario. That's how I always came up with those numbers.
10-1-2023 Intel Guru Frank26 What was the rate the Kuwait dinar came out at in 1999? It was a ridiculous rate. They came out huge! ...I don't care what they [Iraq] comes out at. What I care about is are you restriction free? Are you sanction free? When you went to the UN I know what you did - You're free!
10-1-2023 Intel Guru MarkZ [via PDK] Question: Does the RV (Revaluation) have to happen before Iraq ascends to the World Trade organization on Oct. 4th? Not...but the dinar has to be a fully accepted international currency all around the world without any restrictions…this would be a massive change.
10-1-2023 Newshound Guru Kaperoni Question: "What if anything is Iraq doing to reduce the note count...isn’t a reduction of the note count required before a float can occur?" It's very difficult for Iraq to reduce their money supply due to the current monetary policy. Remember, the currency auctions are a balance between dinars and dollars in order to maintain the exchange rate...Using dinar in international transactions would give them the freedom to unpeg and end auctions. I think the most important thing for Iraq to do is to diversify their economy...
10-1-2023 Newshound Guru Militia Man It's amazing that what we're talking about is specifically being readdressed in a little more blunt and accurate manner....security, stability, combating corruption, supporting investment in Iraq, these are the things every single investor in the Iraqi dinar and or even in their stock market should be fascinated with because the trade that's going to go through Iraq is going to be phenomenal. It's going to be unbelievable...
10-1-2023 Intel Guru Frank26 Question: "Is Article VIII needed?" Article VIII will automatically come on once Article VII is official. In other words it's the next step that they walk into under the United Nations Security Council.
10-1-2023 Newshound/Intel Guru Mnt Goat About the WTO accession, the articles told us months ago they were in the final stages and so they are all ready to go. They only want a currency that can be international prior to making the final move. They don’t need the currency to revalue only reinstate to be in the WTO, but we know they will revalue when they do reinstate it and go international...I repeat, they DO NOT have to RV (no mandate for the WTO says they do) only need to reinstate for the WTO, but they are choosing to significantly revalue when they do reinstate it. So we are good…
10-1-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
10-1-2023 Newshound Guru Clare Article: "Iraq opens a project that produces more than 2,000 tons of liquid gas"
10-1-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
10-1-2023 Newshound Guru Breitling The reason I always pick $0.56 or $0.50 or $0.60 is because it dealt with the average value in the region of all the currencies. And also enough to deal in the western markets. That's the worst case scenario. That's how I always came up with those numbers.
10-1-2023 Intel Guru Frank26 What was the rate the Kuwait dinar came out at in 1999? It was a ridiculous rate. They came out huge! ...I don't care what they [Iraq] comes out at. What I care about is are you restriction free? Are you sanction free? When you went to the UN I know what you did - You're free!
10-1-2023 Intel Guru MarkZ [via PDK] Question: Does the RV (Revaluation) have to happen before Iraq ascends to the World Trade organization on Oct. 4th? Not...but the dinar has to be a fully accepted international currency all around the world without any restrictions…this would be a massive change.
10-1-2023 Newshound Guru Kaperoni Question: "What if anything is Iraq doing to reduce the note count...isn’t a reduction of the note count required before a float can occur?" It's very difficult for Iraq to reduce their money supply due to the current monetary policy. Remember, the currency auctions are a balance between dinars and dollars in order to maintain the exchange rate...Using dinar in international transactions would give them the freedom to unpeg and end auctions. I think the most important thing for Iraq to do is to diversify their economy...
10-1-2023 Newshound Guru Militia Man It's amazing that what we're talking about is specifically being readdressed in a little more blunt and accurate manner....security, stability, combating corruption, supporting investment in Iraq, these are the things every single investor in the Iraqi dinar and or even in their stock market should be fascinated with because the trade that's going to go through Iraq is going to be phenomenal. It's going to be unbelievable...
10-1-2023 Intel Guru Frank26 Question: "Is Article VIII needed?" Article VIII will automatically come on once Article VII is official. In other words it's the next step that they walk into under the United Nations Security Council.
10-1-2023 Newshound/Intel Guru Mnt Goat About the WTO accession, the articles told us months ago they were in the final stages and so they are all ready to go. They only want a currency that can be international prior to making the final move. They don’t need the currency to revalue only reinstate to be in the WTO, but we know they will revalue when they do reinstate it and go international...I repeat, they DO NOT have to RV (no mandate for the WTO says they do) only need to reinstate for the WTO, but they are choosing to significantly revalue when they do reinstate it. So we are good…
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9-30-2023 Intel Guru Frank26 I don't care if they come out at 1132. I don't care if they come out at $0.10. I don't care if they come out at $0.50. You think it's going to stay there for long when the world is wanting to pour in? Whatever the rate is they come out at, in a blink of an eye - bam, you better know when to hold'm and when to fold'm.
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9-30-2023 Intel Guru MarkZ [via PDK] I am continuing to hear very positive stuff on expectations of a rate change. They are giving us dates from this weekend to sometime in the first week of October.
9-30-2023 Newshound Guru Militia Man Community comment "Bla-bla - nothing ever gets done." The amount of work that has been done to get us to where we are now is absolutely phenomenal. Anybody that doesn't see it, they have not studied and it's too bad...
9-30-2023 Intel Guru Angel1 When the UST Secretary Rosenberg was here a couple weeks ago, the day after she left, auctions changed...and there were changes after the UN meetings. There have been tons of changes because things have been signed off.
9-30-2023 Newshound Guru Sandy Ingram Investing in exotic currencies, excessive profits can be realized quickly. Knowing how you will create a monthly income to avoid spending your initial profits is preparing to maintain your wealth and not spending it month after month to live on. Spending your initial investment is the fastest way to go broke.
9-30-2023 Intel Guru Frank26 Another bank being busted. Banks being closed, busted, licenses being removed, people being thrown in jail, positions being removed, yeah, there's no doubt about it, that the security and stability that is needed for the new exchange rate is here. The security and stability...is what has allowed the CBI floor to be so clean and spotless you can definitely eat off it...
9-30-2023 Intel Guru MarkZ [via PDK] The Hydo Carbon Law...Its where they share money, profits, revenues from oil-natural gas etc…with the citizens of Iraq including the Kurdish region. We have been told for many years this is a key piece. And Very soon after the HCL was implemented we were told that we would see the dinar value changes.
9-30-2023 Newshound Guru Kaperoni ...In order for Iraq to go international they'll have to be IMF Article VIII compliant. They're not close with a current market rate of 1152 which is over 18% from the official rate. Well out of compliance.
9-30-2023 Guru Nader From The Mid East About the HCL - We received some payments...I checked my bank over there. I received some money. It's good news. It's great. So the HCL start paying. This time we got some money. Next time a little less but it's going to be month to month and it's going to depend on if oil is going up or down...hang in there. It's happening.
9-30-2023 Intel Guru Frank26 What about the HCL? It's ready. Why isn't it out? It's waiting for the new exchange rate.
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9-30-2023 Intel Guru MarkZ [via PDK] I have had some whales reach out to tell me they have a potential for weekend travels. A number of sources believe it’s this weekend and others think between the 5th and 12th of Oct...Just stay calm and know things are quickly moving.
9-30-2023 Newshound/Intel Guru Mnt Goat Question: Holiday in Iraq on October 3...their Independence Day. ...October 4 is Iraq finally a member of World Trade Organization...Can Iraq still continue with the program rate of 1132 until the end of the year? Or will CBI release the new small category notes before October 4? Mnt Goat Answer: ...As you know they will not give out any dates only a window when they plan to do it. I was told October for the re-education and them they should follow closely with the newer lower notes.
9-30-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-30-2023 Intel Guru MarkZ [via PDK] I am continuing to hear very positive stuff on expectations of a rate change. They are giving us dates from this weekend to sometime in the first week of October.
9-30-2023 Newshound Guru Militia Man Community comment "Bla-bla - nothing ever gets done." The amount of work that has been done to get us to where we are now is absolutely phenomenal. Anybody that doesn't see it, they have not studied and it's too bad...
9-30-2023 Intel Guru Angel1 When the UST Secretary Rosenberg was here a couple weeks ago, the day after she left, auctions changed...and there were changes after the UN meetings. There have been tons of changes because things have been signed off.
9-30-2023 Newshound Guru Sandy Ingram Investing in exotic currencies, excessive profits can be realized quickly. Knowing how you will create a monthly income to avoid spending your initial profits is preparing to maintain your wealth and not spending it month after month to live on. Spending your initial investment is the fastest way to go broke.
9-30-2023 Intel Guru Frank26 Another bank being busted. Banks being closed, busted, licenses being removed, people being thrown in jail, positions being removed, yeah, there's no doubt about it, that the security and stability that is needed for the new exchange rate is here. The security and stability...is what has allowed the CBI floor to be so clean and spotless you can definitely eat off it...
9-30-2023 Intel Guru MarkZ [via PDK] The Hydo Carbon Law...Its where they share money, profits, revenues from oil-natural gas etc…with the citizens of Iraq including the Kurdish region. We have been told for many years this is a key piece. And Very soon after the HCL was implemented we were told that we would see the dinar value changes.
9-30-2023 Newshound Guru Kaperoni ...In order for Iraq to go international they'll have to be IMF Article VIII compliant. They're not close with a current market rate of 1152 which is over 18% from the official rate. Well out of compliance.
9-30-2023 Guru Nader From The Mid East About the HCL - We received some payments...I checked my bank over there. I received some money. It's good news. It's great. So the HCL start paying. This time we got some money. Next time a little less but it's going to be month to month and it's going to depend on if oil is going up or down...hang in there. It's happening.
9-30-2023 Intel Guru Frank26 What about the HCL? It's ready. Why isn't it out? It's waiting for the new exchange rate.
9-30-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-30-2023 Intel Guru MarkZ [via PDK] I have had some whales reach out to tell me they have a potential for weekend travels. A number of sources believe it’s this weekend and others think between the 5th and 12th of Oct...Just stay calm and know things are quickly moving.
9-30-2023 Newshound/Intel Guru Mnt Goat Question: Holiday in Iraq on October 3...their Independence Day. ...October 4 is Iraq finally a member of World Trade Organization...Can Iraq still continue with the program rate of 1132 until the end of the year? Or will CBI release the new small category notes before October 4? Mnt Goat Answer: ...As you know they will not give out any dates only a window when they plan to do it. I was told October for the re-education and them they should follow closely with the newer lower notes.
9-29-2023 Intel Guru Frank26 What do you think the rate will be when it comes out? I don't care! What I care about is for them to announce in 72 hours they're sanction free and their currency is restriction free... international. If it's international hello Forex...What will it turn into, that's what you need to be paying attention to and at what speed...It ain't going to be no 6 months to a year before it reaches the potential of the Middle Eastern exchange rates of 3 to 1. No. Shoot, you're going to sleep, the next morning, boom!
9-29-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-29-2023 Newshound Guru Sandy Ingram More than a few people are saying we are unwise to expect that the IQD will revalue to $1 or $2. What people outside the IQD investment do not yet understand is this - Even if the IQD only increases in value to $0.20 to 1 Iraqi dinar, in the beginning, many people would experience a profit of $200,000 [$0.20 X 1,000,000] or more. This is when visitors stop talking down to IQD investors and start asking where can I purchase the currency...
9-29-2023 Newshound Guru Breitling They [Iraqis] are selling more oil than they ever have at a higher rate.
9-29-2023 Newshound Guru Kaperoni There are many countries around the world with weak currencies, and Iraq's currency will remain weak until they diversify their economy.
9-29-2023 Intel Guru Bruce [via WiserNow] ...they'll have their new rate out on Sunday. Whether it goes in the Gazette or not Saturday, doesn't really matter but it may - they are, as I mentioned going to be, like the independent nation and a sovereign state. They're going to evidently talk about that a little bit when they bring their new rate out internationally on Sunday...what we heard...from our redemption center contacts, we really aren't looking to get notified over the weekend, anything is possible. We are hearing...that we should get notified on Monday...So that's the timing that we have right now...I really truly believe they finally hit the end zone... I believe we should be good to go.
9-29-2023 Intel Guru Angel1 Sunday, Alaq makes an official announcement... there's going to be massive important shifts in external transfer mechanism and it says this came after an agreement between the CBI and the US Federal Bank. What they're saying is at the end of the year, January 1, the Central Bank of Iraq's auctions will be completely different. They will be run like all the other international central banks of the world. That's what will happen January 1. That's an announcement.
9-29-2023 Intel Guru Frank26 Security and stability. Mission accomplished...That's what it boils down to. That's what we need for the monetary reform to come out...
9-29-2023 Newshound Guru Militia Man The de-dollarization of the country is happening before our eyes. If they're telling you they're restricting all transactions to the local currency the dollar in the country is going away...The parallel market or black illegal market once they fix this is going to be see you later, bye.
9-29-2023 Intel Guru Bruce [via WiserNow] Let's talk about rates...you know I have been asked not to do that so I don't...But I try to approximate or get close... Banks screens - Banks screens for you - Both dinar and Dong are in double digits...Dinar was higher – but both were outstanding...
9-29-2023 Newshound Guru Pimpy What you're hoping for is Iraq to start de-dollerizing so they can start strengthening their currency...Things are looking really really good for Iraq. Hopefully things will start to change. I know there's a lot of prosperity that's going to be coming to the Middle East. I'm sure Iraq is a big part of that...
9-29-2023 Intel Guru Goldilocks Article: "The Central Bank of Iraq (CBI) intends to limit all domestic trade transactions to the local currency starting next year." I found another article letting us know that the Iraqi Dinar will go International early next year in domestic trade transactions. They will use their local currency to make these trades around the world and the price pressures that come with it to increase demand for their currency will create authentic exchange rates.
9-29-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-29-2023 Newshound Guru Guru Clare Article: "Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy" Quote: "In a decisive move to strengthen the local currency, the Iraqi Council of Ministers has mandated that all local contracts be denominated in Iraqi dinars. This decision is a notable departure from the previous norm of executing contracts in US dollars."
9-29-2023 Intel Guru Frank26 CSC is the Central Security Custody system. Somewhere between the 28th and the 1st and these next 72 hours this CSC will go into effect because it was a mandate from the BIS to make sure Iraq was ready on the 28th to do international transfers...The auctions we believe you will see a change in them on the 28th...This is an important step. There are many steps that are occurring right now at the end of this monetary reform that are important.
9-29-2023 Newshound/Intel Guru Mnt Goat Question: Will there be a cap limit on the dinar when exchanging? Mnt Goat Answer: Yes, the IMF will place the dinar initially on a managed float and I was told around a $9 cap but that was years ago and things have changed...I wouldn’t be surprised if we witness up to $12 before they cut it off. Dr Shabibi told us in 2011 that the dinar back then could sustain a rate of $16...They are now pumping 2/3 more oil and have agriculture exports now and also 132 tons of gold...They are filthy rich! I am seeing a constant rate of about USD $3.80 - $4.25 range on the back screens at the bank right now...
9-29-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-29-2023 Newshound Guru Sandy Ingram More than a few people are saying we are unwise to expect that the IQD will revalue to $1 or $2. What people outside the IQD investment do not yet understand is this - Even if the IQD only increases in value to $0.20 to 1 Iraqi dinar, in the beginning, many people would experience a profit of $200,000 [$0.20 X 1,000,000] or more. This is when visitors stop talking down to IQD investors and start asking where can I purchase the currency...
9-29-2023 Newshound Guru Breitling They [Iraqis] are selling more oil than they ever have at a higher rate.
9-29-2023 Newshound Guru Kaperoni There are many countries around the world with weak currencies, and Iraq's currency will remain weak until they diversify their economy.
9-29-2023 Intel Guru Bruce [via WiserNow] ...they'll have their new rate out on Sunday. Whether it goes in the Gazette or not Saturday, doesn't really matter but it may - they are, as I mentioned going to be, like the independent nation and a sovereign state. They're going to evidently talk about that a little bit when they bring their new rate out internationally on Sunday...what we heard...from our redemption center contacts, we really aren't looking to get notified over the weekend, anything is possible. We are hearing...that we should get notified on Monday...So that's the timing that we have right now...I really truly believe they finally hit the end zone... I believe we should be good to go.
9-29-2023 Intel Guru Angel1 Sunday, Alaq makes an official announcement... there's going to be massive important shifts in external transfer mechanism and it says this came after an agreement between the CBI and the US Federal Bank. What they're saying is at the end of the year, January 1, the Central Bank of Iraq's auctions will be completely different. They will be run like all the other international central banks of the world. That's what will happen January 1. That's an announcement.
9-29-2023 Intel Guru Frank26 Security and stability. Mission accomplished...That's what it boils down to. That's what we need for the monetary reform to come out...
9-29-2023 Newshound Guru Militia Man The de-dollarization of the country is happening before our eyes. If they're telling you they're restricting all transactions to the local currency the dollar in the country is going away...The parallel market or black illegal market once they fix this is going to be see you later, bye.
9-29-2023 Intel Guru Bruce [via WiserNow] Let's talk about rates...you know I have been asked not to do that so I don't...But I try to approximate or get close... Banks screens - Banks screens for you - Both dinar and Dong are in double digits...Dinar was higher – but both were outstanding...
9-29-2023 Newshound Guru Pimpy What you're hoping for is Iraq to start de-dollerizing so they can start strengthening their currency...Things are looking really really good for Iraq. Hopefully things will start to change. I know there's a lot of prosperity that's going to be coming to the Middle East. I'm sure Iraq is a big part of that...
9-29-2023 Intel Guru Goldilocks Article: "The Central Bank of Iraq (CBI) intends to limit all domestic trade transactions to the local currency starting next year." I found another article letting us know that the Iraqi Dinar will go International early next year in domestic trade transactions. They will use their local currency to make these trades around the world and the price pressures that come with it to increase demand for their currency will create authentic exchange rates.
9-29-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-29-2023 Newshound Guru Guru Clare Article: "Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy" Quote: "In a decisive move to strengthen the local currency, the Iraqi Council of Ministers has mandated that all local contracts be denominated in Iraqi dinars. This decision is a notable departure from the previous norm of executing contracts in US dollars."
9-29-2023 Intel Guru Frank26 CSC is the Central Security Custody system. Somewhere between the 28th and the 1st and these next 72 hours this CSC will go into effect because it was a mandate from the BIS to make sure Iraq was ready on the 28th to do international transfers...The auctions we believe you will see a change in them on the 28th...This is an important step. There are many steps that are occurring right now at the end of this monetary reform that are important.
9-29-2023 Newshound/Intel Guru Mnt Goat Question: Will there be a cap limit on the dinar when exchanging? Mnt Goat Answer: Yes, the IMF will place the dinar initially on a managed float and I was told around a $9 cap but that was years ago and things have changed...I wouldn’t be surprised if we witness up to $12 before they cut it off. Dr Shabibi told us in 2011 that the dinar back then could sustain a rate of $16...They are now pumping 2/3 more oil and have agriculture exports now and also 132 tons of gold...They are filthy rich! I am seeing a constant rate of about USD $3.80 - $4.25 range on the back screens at the bank right now...
9-28-2023 Intel Guru Frank26 On the 28th - go international financial transfers. On October 1st - all international private satellite banks of the CBI around the world to be opened. On 3rd - for them to have an Independence Day...In the days to come a new currency will be given to the Iraqi citizens IMO. This is a forewarning a new exchange rate is coming but the new exchange rate won't come out until they give the new currency or simultaneously.
9-28-2023 Newshound Guru Sandy Ingram Iraq is on the verge of satisfying the IMF (International Monetary Fund) recommendation that they have a solid income stream outside the oil industry. The Development Road Project will not only provide 4 billion US dollars in revenue each year, it will also increase the GDP of Iraqi citizens.
9-28-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-28-2023 Newshound Guru Kaperoni If Iraq wants to do business with the world, they need to get in compliance with IMF regulations, accept Article VIII, pass economic laws encouraging investment.
9-28-2023 Intel Guru MarkZ [via PDK] Question: When they announce the new rate in Iraq- will we get the same rate when we exchange? MarkZ Answer: I am told when we go to exchange and use one of the “qualifying banking centers” in other words has the staff with special training and the special verifying equipment…I am told our rate is “pre-determined” and we don’t have to pay fees and get better service…all of those things. My bankers still believe there is a bonus to be gained in the rate offered to us because of the “Oil For Dinar” program…and they will be offering us a higher rate.
9-28-2023 Newshound Guru Pimpy They're working on the Port of Faw, this will help them with shipping. So they have shipping going on, they're opening up a new rail system, they're developing huge highways, basically shipping and receiving of goods. This is going to be a huge plus for Iraq and it's really going to open up their economy and as you know as they become stronger economically and they get away from just relying so much on oil this is going to help strengthen up the dinar...
9-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying from the advisor to Sudani within 72 hours there will be a change to the dollar exchange rate. If that's true that means our exchange rate automatically changes too. They're saying the dollar rate will have a mechanism applied through which will control the parallel market rate. They said Sudani and the CBI have many proposals and papers...to fix the issue. And within 72 hours we will see all this applied to fix the dollar exchange rate.
9-28-2023 Intel Guru Bruce [via WiserNow] So if they do what they said that they were going to do - we're in pretty good shape - Really good shape - and we'll get this party started before the end of the week...
9-28-2023 Newshound Guru Militia Man Article quote: "All state contracts inside Iraq shall be in Iraq dinars." I don't know what else to say.
9-28-2023 Intel Guru MarkZ [via PDK] There is a lot of expectation for announcements sometime today...We have had some whales – in states without Wells Fargo banks –get contacted by out of state WF ‘s saying that they are prepared for them...So we are having a lot of scrambling at the banker level now who are chasing whales to make sure they get their business... Redemption folks are ready. They are on call and they are in and out of the office. They are waiting for the “GO”. ...IMO things are ramping up … everything feels good and smells good and I think “Soon” actually means “Soon” for a change...
9-28-2023 Intel Guru Angel1 When Iraq got placed on sanctions, yes they got a program rate, but the nail that kept them functional to sanctions was the auctions...What they're telling us now is the way they've always done auctions is going to be gone...The old way for you to pay for imports would be you would have to go to the auctions and do it through submitting invoices and proof and paperwork. It takes about 2 weeks...Now a coffee shop is going to be able to pay his own import right through his bank like every other normal country in the world. We are excited...That means they're going to be an internationally acceptable...tradable currency. They're going to have value...
9-28-2023 Intel Guru Frank26 I believe on the 28th Iraq is going be in a position to do financial international transfers without any restrictions. Oh, boy! Wouldn't that be great? I believe it's a 10 day period...28th to 8th of next month...I believe in these 10 days we're also going to see the HCL. And I believe without a doubt, the reason why we haven't added the HCL and everything else is because we don't have a new international exchange rate...It is fantastic. These 10 days have great potential for may things to be paid.
9-28-2023 Intel Guru MarkZ [via PDK] “State contracts are executed in Iraqi dinar” This is important and part of the de-dollarization process and the sovereignty of their currency. They are also converting old contracts to dinar as well. Article: “Iraq imposes dinar- only policy for domestic transactions” They say they are going to honor contracts at the “exchange rate” and that rate can change…and is expected to …but they want to make certain that the framework for all the contracts get converted based on the official exchange rate. This is huge and Iraq has made enormous progress.
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9-28-2023 Intel/Newshound Guru Holly Some very important things are going to happen: 1. The USA sanctions on auctions for Iraq are being lifted after 30 years! Signed off by treasury last week when Iraq was in USA! Boom 2. Iraq is being part of the WTO by October 4th! They have to have an international rate to be part of it! Boom 3. Iraq is having their first ever Independence Day on October 3rd!! Congratulations Iraq! This means they are independent and their war has ended! This by far is the biggest boom ever!
9-28-2023 Newshound Guru Sandy Ingram Iraq is on the verge of satisfying the IMF (International Monetary Fund) recommendation that they have a solid income stream outside the oil industry. The Development Road Project will not only provide 4 billion US dollars in revenue each year, it will also increase the GDP of Iraqi citizens.
9-28-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-28-2023 Newshound Guru Kaperoni If Iraq wants to do business with the world, they need to get in compliance with IMF regulations, accept Article VIII, pass economic laws encouraging investment.
9-28-2023 Intel Guru MarkZ [via PDK] Question: When they announce the new rate in Iraq- will we get the same rate when we exchange? MarkZ Answer: I am told when we go to exchange and use one of the “qualifying banking centers” in other words has the staff with special training and the special verifying equipment…I am told our rate is “pre-determined” and we don’t have to pay fees and get better service…all of those things. My bankers still believe there is a bonus to be gained in the rate offered to us because of the “Oil For Dinar” program…and they will be offering us a higher rate.
9-28-2023 Newshound Guru Pimpy They're working on the Port of Faw, this will help them with shipping. So they have shipping going on, they're opening up a new rail system, they're developing huge highways, basically shipping and receiving of goods. This is going to be a huge plus for Iraq and it's really going to open up their economy and as you know as they become stronger economically and they get away from just relying so much on oil this is going to help strengthen up the dinar...
9-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying from the advisor to Sudani within 72 hours there will be a change to the dollar exchange rate. If that's true that means our exchange rate automatically changes too. They're saying the dollar rate will have a mechanism applied through which will control the parallel market rate. They said Sudani and the CBI have many proposals and papers...to fix the issue. And within 72 hours we will see all this applied to fix the dollar exchange rate.
9-28-2023 Intel Guru Bruce [via WiserNow] So if they do what they said that they were going to do - we're in pretty good shape - Really good shape - and we'll get this party started before the end of the week...
9-28-2023 Newshound Guru Militia Man Article quote: "All state contracts inside Iraq shall be in Iraq dinars." I don't know what else to say.
9-28-2023 Intel Guru MarkZ [via PDK] There is a lot of expectation for announcements sometime today...We have had some whales – in states without Wells Fargo banks –get contacted by out of state WF ‘s saying that they are prepared for them...So we are having a lot of scrambling at the banker level now who are chasing whales to make sure they get their business... Redemption folks are ready. They are on call and they are in and out of the office. They are waiting for the “GO”. ...IMO things are ramping up … everything feels good and smells good and I think “Soon” actually means “Soon” for a change...
9-28-2023 Intel Guru Angel1 When Iraq got placed on sanctions, yes they got a program rate, but the nail that kept them functional to sanctions was the auctions...What they're telling us now is the way they've always done auctions is going to be gone...The old way for you to pay for imports would be you would have to go to the auctions and do it through submitting invoices and proof and paperwork. It takes about 2 weeks...Now a coffee shop is going to be able to pay his own import right through his bank like every other normal country in the world. We are excited...That means they're going to be an internationally acceptable...tradable currency. They're going to have value...
9-28-2023 Intel Guru Frank26 I believe on the 28th Iraq is going be in a position to do financial international transfers without any restrictions. Oh, boy! Wouldn't that be great? I believe it's a 10 day period...28th to 8th of next month...I believe in these 10 days we're also going to see the HCL. And I believe without a doubt, the reason why we haven't added the HCL and everything else is because we don't have a new international exchange rate...It is fantastic. These 10 days have great potential for may things to be paid.
9-28-2023 Intel Guru MarkZ [via PDK] “State contracts are executed in Iraqi dinar” This is important and part of the de-dollarization process and the sovereignty of their currency. They are also converting old contracts to dinar as well. Article: “Iraq imposes dinar- only policy for domestic transactions” They say they are going to honor contracts at the “exchange rate” and that rate can change…and is expected to …but they want to make certain that the framework for all the contracts get converted based on the official exchange rate. This is huge and Iraq has made enormous progress.
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9-28-2023 Intel/Newshound Guru Holly Some very important things are going to happen: 1. The USA sanctions on auctions for Iraq are being lifted after 30 years! Signed off by treasury last week when Iraq was in USA! Boom 2. Iraq is being part of the WTO by October 4th! They have to have an international rate to be part of it! Boom 3. Iraq is having their first ever Independence Day on October 3rd!! Congratulations Iraq! This means they are independent and their war has ended! This by far is the biggest boom ever!
9-26-2023 Intel Guru Frank26 The WTO is going to have a meeting that will announce to the world the introduction of Iraq into the WTO. Does the WTO require an international exchange rate? No. So we're not going to look for that here...They are going to do this on the 4th of next month...
9-26-2023 Newshound Guru Pimpy I still think the dinar is going to go up in increments. I'd like to start seeing some of those increments take place now. I don't think you'll see any increases this year but very possibly next year.
9-26-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-26-2023 Newshound/Intel Guru Walkingstick [Aki Iraqi bank friend update] Bank here [In the United States] will open October 1st. It will be news coverage. All 700+ of their employees over there [In Middle East] bordering countries and here [US] have a bank account opened and/or had an account for electronic deposits from oil procedures, retirement and salaries opened.
9-26-2023 Intel Guru MarkZ [via PDK] Member Comment: I would think it would get done soon…with the rumors of the Governor of the CBI being removed because rate change hasn't happened? Both Sudani and Alaq’s necks are on the line…imo. MarkZ: Yes they are…and on top of that is the ascension to the WTO on Oct 4th. Things are heating up. It’s do or die for Iraq to get this knocked out.
9-26-2023 Intel Guru Angel1 There are only two things left to do on this laundry list of things for us to get to the bank. What are they? Change the exchange rate and release the lower denominations...at that point, shortly thereafter if not simultaneously. I have the opinion it'll be on Forex internationally. They'll have an internationally exchangeable currency. That is when we go to the bank...I would not be surprised if something special happened very quickly.
9-26-2023 Newshound Guru Pimpy It really looks like they're covering a lot of ground really quick. I'd love to see the sanctions removed. I would love to see the authorization for military use reversed. I would love to see them expedited and put into the World Trade Organization. I would love to see this development road...railway get build really quick. I would love to see them finish the Port of Faw real quick. These things all contribute to a booming economy for the Iraqi people. But we're not there yet. It's not going to happen overnight.
9-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We're hearing we have the full support and acceptance into the global financial world...All the financial institutions like JPMorgan Chase, all of them are welcoming Iraq Sudani says. This is great for Iraq and it will attract more investors. FRANK: Even Wells Fargo...
9-26-2023 Newshound Guru Militia Man Article: "Alaq pointed out the new system of external transfer and the sale of dollars provides protection from risk to all parties to operations and enjoys international acceptance." There you go. I think that's kind of almost a drop the mic situation...
9-26-2023 Intel Guru MarkZ [via PDK] Many of my sources are looking at the end of the week…since Oct 1st is on a weekend…after that it all explodes…We know Iraq needs a real currency for its full ascension to the World Trade Organization. And this is coming in the first week of Oct.
9-26-2023 Newshound Guru Sandy Ingram Major news coming out of Iraq. Article: "Iraq to restrict all internal trade to dinars form next year" This move aims to help control the black market exchange rate. The policy will stop transactions from being conducted in U.S. dollars was announced following a meeting between the central bank governor and representatives of private banks...the US Federal Reserve has agreed to this change...These actions are seen as a positive step in building up the strength of the Iraqi dinar...
9-26-2023 Newshound Guru Pimpy Article: "Central Bank of Iraq approves new system for external transfer" They're turning more and more to the Iraqi dinar for use than the US dollar which is exactly what you want. This will definitely strengthen the Iraqi dinar and as it becomes stronger, the value in the exchange between US dollar and Iraqi dinar will strengthen - They will have more value. We will see an increase in the exchange for the Iraqi dinar.
9-26-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-26-2023 Newshound Guru butterfly Article: "Iraq: New law allows foreign companies to own oil output" Quote: "As a founding member of OPEC, Iraq possesses approximately 145 billion barrels of recoverable crude deposits, making it one of the world’s largest oil reserves. With this new law, Iraq seeks to leverage its oil wealth to attract foreign investment and enhance the development of its oil and gas industry, potentially transforming its economic landscape for years to come."
9-26-2023 Intel Guru MarkZ [via PDK] Question: What about the oil for dinar program…Is that still happening? MarkZ Answer: I am told that is still happening. That is how we should get more than the street rate.
9-26-2023 Newshound Guru Pimpy I still think the dinar is going to go up in increments. I'd like to start seeing some of those increments take place now. I don't think you'll see any increases this year but very possibly next year.
9-26-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-26-2023 Newshound/Intel Guru Walkingstick [Aki Iraqi bank friend update] Bank here [In the United States] will open October 1st. It will be news coverage. All 700+ of their employees over there [In Middle East] bordering countries and here [US] have a bank account opened and/or had an account for electronic deposits from oil procedures, retirement and salaries opened.
9-26-2023 Intel Guru MarkZ [via PDK] Member Comment: I would think it would get done soon…with the rumors of the Governor of the CBI being removed because rate change hasn't happened? Both Sudani and Alaq’s necks are on the line…imo. MarkZ: Yes they are…and on top of that is the ascension to the WTO on Oct 4th. Things are heating up. It’s do or die for Iraq to get this knocked out.
9-26-2023 Intel Guru Angel1 There are only two things left to do on this laundry list of things for us to get to the bank. What are they? Change the exchange rate and release the lower denominations...at that point, shortly thereafter if not simultaneously. I have the opinion it'll be on Forex internationally. They'll have an internationally exchangeable currency. That is when we go to the bank...I would not be surprised if something special happened very quickly.
9-26-2023 Newshound Guru Pimpy It really looks like they're covering a lot of ground really quick. I'd love to see the sanctions removed. I would love to see the authorization for military use reversed. I would love to see them expedited and put into the World Trade Organization. I would love to see this development road...railway get build really quick. I would love to see them finish the Port of Faw real quick. These things all contribute to a booming economy for the Iraqi people. But we're not there yet. It's not going to happen overnight.
9-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We're hearing we have the full support and acceptance into the global financial world...All the financial institutions like JPMorgan Chase, all of them are welcoming Iraq Sudani says. This is great for Iraq and it will attract more investors. FRANK: Even Wells Fargo...
9-26-2023 Newshound Guru Militia Man Article: "Alaq pointed out the new system of external transfer and the sale of dollars provides protection from risk to all parties to operations and enjoys international acceptance." There you go. I think that's kind of almost a drop the mic situation...
9-26-2023 Intel Guru MarkZ [via PDK] Many of my sources are looking at the end of the week…since Oct 1st is on a weekend…after that it all explodes…We know Iraq needs a real currency for its full ascension to the World Trade Organization. And this is coming in the first week of Oct.
9-26-2023 Newshound Guru Sandy Ingram Major news coming out of Iraq. Article: "Iraq to restrict all internal trade to dinars form next year" This move aims to help control the black market exchange rate. The policy will stop transactions from being conducted in U.S. dollars was announced following a meeting between the central bank governor and representatives of private banks...the US Federal Reserve has agreed to this change...These actions are seen as a positive step in building up the strength of the Iraqi dinar...
9-26-2023 Newshound Guru Pimpy Article: "Central Bank of Iraq approves new system for external transfer" They're turning more and more to the Iraqi dinar for use than the US dollar which is exactly what you want. This will definitely strengthen the Iraqi dinar and as it becomes stronger, the value in the exchange between US dollar and Iraqi dinar will strengthen - They will have more value. We will see an increase in the exchange for the Iraqi dinar.
9-26-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-26-2023 Newshound Guru butterfly Article: "Iraq: New law allows foreign companies to own oil output" Quote: "As a founding member of OPEC, Iraq possesses approximately 145 billion barrels of recoverable crude deposits, making it one of the world’s largest oil reserves. With this new law, Iraq seeks to leverage its oil wealth to attract foreign investment and enhance the development of its oil and gas industry, potentially transforming its economic landscape for years to come."
9-26-2023 Intel Guru MarkZ [via PDK] Question: What about the oil for dinar program…Is that still happening? MarkZ Answer: I am told that is still happening. That is how we should get more than the street rate.
9-27-2023 Intel Guru Angel1 Thursday I'm guaranteeing you the auctions change. That's the CBI announcement. That's the 28th...that's their banking Friday. That means they automatically go into offline... I wouldn't go crazy looking for something on Thursday but let me tell you, official implementation date is Thursday per the CBI. Whether we see it Friday, Saturday I cannot promise you that...I'll also tell you this, this is very damn close...
9-27-2023 Newshound Guru Pimpy Yes, there are a lot of reasons to be excited about the Iraqi dinar's future. There are a lot of steps taking place to make things happen. This Authorization of Military Use would definitely give Iraq back their sovereignty. They'd be free to do what they want without asking for permission all the damn time.
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9-27-2023 Intel Guru MarkZ [via PDK] Rumors are “screaming” right now. But the biggest news of the day is the Senate passing the resolution to end the sanctions and the war on Iraq. This is huge and once the house passes it – it will allow Iraq to have full control over their own money …their own oil and their own destiny. Watch what happens the next few days. We know they are celebrating …and a lot of people think we may see something overnight tonight. I still think it won’t be until the weekend at the earliest. I hope they are right and I am wrong. News is overwhelmingly positive.
9-27-2023 Intel Guru Frank26 Sudani's mission at the UN is completed. Is his mission to the US Treasury completed? Yes. Who's next? The citizens on October 1st.
9-27-2023 Newshound Guru Kaperoni Several articles the last few days talking about a unified treasury account in Iraq. We have talked about this for years, as it is necessary for the central bank to begin monitoring inflationary pressure created by investment capital. Unified account makes it easier statistically.
9-27-2023 Newshound Guru Clare Article "Al-Sudani directs the suspension of official working hours on October 3" Quote "The Iraqi National Day is a day that was proposed in 2008 to be made a national day that falls on October 3, to commemorate the day of Iraq’s declaration of independence from the British Mandate and its joining the League of the United Nations, and that independence was on October 3, 1932."
9-27-2023 Intel Guru Angel1 What does Sudani come out today and say? He says, 'Hey everybody I am announcing to you we are going to have a special holiday. We are going to have our very own Independence Day and that will be October 3rd'...Iraq has never ever had an Independence Day. Citizens of Iraq, I'm hearing from boots on the ground, are beyond themselves.
9-27-2023 Newshound Guru Pimpy We know congress is supposed to vote for Iraq on whether or not they want to reverse the authorization for military force over there in Iraq. That's going to be a biggie. I'm curious to see what happens. I don't know if they're going to reverse it all the way but I do believe you might see a modified version of it that still would benefit Iraq...
9-27-2023 Newshound Guru Militia Man Alaq the central bank governor he's posting some things on the CBI website that's pretty powerful...24 pages of instructions talking about international banking...He also put a piece out specifically talking about a new system of external transfers...This particular piece is phenomenal because he's working with the Central Bank of Iraq and the United States Federal Bank...They're talking about different currencies...UAE dirham, Turkish lira, European euro, Indian rupee...He's been knocking it out of the park.
9-27-2023 Intel Guru MarkZ [via PDK] Comment: October 3rd, Iraq Republic Freedom Day…or independence Day… MarkZ: Looks like they are finally getting their freedom from us...This day in history…Iraq earns independence. This was in 1932 where they announced their independence from Great Britain. Why is this important? Look at the date. OCTOBER 3, 1932! ...is that not poetic that they are expected to give the announcement of their independence from US sanctions and the control over their money on October 3, 2023… this is interesting timing. I very much expect a massive breakthrough…if not a value change of direction by Oct 3rd. Banking sources still expect it sooner.
9-27-2023 Intel Guru Frank26 Article: "Al-Sudani directs the suspension of official working hours on October 3" IMPORTANT DATES BETWEEN THE 28TH AND THE 8TH... INDEPENDENCE DAY HAS NO SANCTIONS IN IT!
9-27-2023 Intel Guru Angel1 They're doing away with the auctions January 1, 2024. But as of this Thursday...the implementation of how you do the auctions are completely changing...it's dinars from here on out only...
9-27-2023 Guru Nader From The Mid East What I saw today made me believe I am sure we are independent. Sudani tells the whole country on the 3rd of October for Independence Day. That means the war is ended guys. That's good news. Remember I told you, wait till the war is finished. Wait till they announce no more war. They did it today by saying the 3rd will be our first Independence Day.
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9-27-2023 Intel Guru yada Contracts are signed, central banks are in sync to receive the new rate, and Iraq is staging a release unprecedent in history past. ...Because of what they've done and releasing, this is a sure thing...the facts of readiness have never been achieved until now and the World event is about to be seen.
9-27-2023 Intel Guru MarkZ [via PDK] Question: Will the RV be announced to the public? MarkZ Answer: Yes but they not use the same terminology (like RV or Revaluation) that you and I use. They will most likely call it a “financial reset” or a “sound money act” or something like that. This will let us know they have gone asset backed and have new bills …you will see it all over the news. If you are paying attention…you will know what it is.
9-27-2023 Newshound Guru Pimpy Yes, there are a lot of reasons to be excited about the Iraqi dinar's future. There are a lot of steps taking place to make things happen. This Authorization of Military Use would definitely give Iraq back their sovereignty. They'd be free to do what they want without asking for permission all the damn time.
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9-27-2023 Intel Guru MarkZ [via PDK] Rumors are “screaming” right now. But the biggest news of the day is the Senate passing the resolution to end the sanctions and the war on Iraq. This is huge and once the house passes it – it will allow Iraq to have full control over their own money …their own oil and their own destiny. Watch what happens the next few days. We know they are celebrating …and a lot of people think we may see something overnight tonight. I still think it won’t be until the weekend at the earliest. I hope they are right and I am wrong. News is overwhelmingly positive.
9-27-2023 Intel Guru Frank26 Sudani's mission at the UN is completed. Is his mission to the US Treasury completed? Yes. Who's next? The citizens on October 1st.
9-27-2023 Newshound Guru Kaperoni Several articles the last few days talking about a unified treasury account in Iraq. We have talked about this for years, as it is necessary for the central bank to begin monitoring inflationary pressure created by investment capital. Unified account makes it easier statistically.
9-27-2023 Newshound Guru Clare Article "Al-Sudani directs the suspension of official working hours on October 3" Quote "The Iraqi National Day is a day that was proposed in 2008 to be made a national day that falls on October 3, to commemorate the day of Iraq’s declaration of independence from the British Mandate and its joining the League of the United Nations, and that independence was on October 3, 1932."
9-27-2023 Intel Guru Angel1 What does Sudani come out today and say? He says, 'Hey everybody I am announcing to you we are going to have a special holiday. We are going to have our very own Independence Day and that will be October 3rd'...Iraq has never ever had an Independence Day. Citizens of Iraq, I'm hearing from boots on the ground, are beyond themselves.
9-27-2023 Newshound Guru Pimpy We know congress is supposed to vote for Iraq on whether or not they want to reverse the authorization for military force over there in Iraq. That's going to be a biggie. I'm curious to see what happens. I don't know if they're going to reverse it all the way but I do believe you might see a modified version of it that still would benefit Iraq...
9-27-2023 Newshound Guru Militia Man Alaq the central bank governor he's posting some things on the CBI website that's pretty powerful...24 pages of instructions talking about international banking...He also put a piece out specifically talking about a new system of external transfers...This particular piece is phenomenal because he's working with the Central Bank of Iraq and the United States Federal Bank...They're talking about different currencies...UAE dirham, Turkish lira, European euro, Indian rupee...He's been knocking it out of the park.
9-27-2023 Intel Guru MarkZ [via PDK] Comment: October 3rd, Iraq Republic Freedom Day…or independence Day… MarkZ: Looks like they are finally getting their freedom from us...This day in history…Iraq earns independence. This was in 1932 where they announced their independence from Great Britain. Why is this important? Look at the date. OCTOBER 3, 1932! ...is that not poetic that they are expected to give the announcement of their independence from US sanctions and the control over their money on October 3, 2023… this is interesting timing. I very much expect a massive breakthrough…if not a value change of direction by Oct 3rd. Banking sources still expect it sooner.
9-27-2023 Intel Guru Frank26 Article: "Al-Sudani directs the suspension of official working hours on October 3" IMPORTANT DATES BETWEEN THE 28TH AND THE 8TH... INDEPENDENCE DAY HAS NO SANCTIONS IN IT!
9-27-2023 Intel Guru Angel1 They're doing away with the auctions January 1, 2024. But as of this Thursday...the implementation of how you do the auctions are completely changing...it's dinars from here on out only...
9-27-2023 Guru Nader From The Mid East What I saw today made me believe I am sure we are independent. Sudani tells the whole country on the 3rd of October for Independence Day. That means the war is ended guys. That's good news. Remember I told you, wait till the war is finished. Wait till they announce no more war. They did it today by saying the 3rd will be our first Independence Day.
9-27-2023 Double Your Purchasing Power Calling all Dinar Investors who love free stuff. I've discovered a cool and fun way to get some. we can even make some money together if you're interested, but you don’t have to. Watch this quick 3-minute video and let me know if you want to know the full story.
9-27-2023 Intel Guru yada Contracts are signed, central banks are in sync to receive the new rate, and Iraq is staging a release unprecedent in history past. ...Because of what they've done and releasing, this is a sure thing...the facts of readiness have never been achieved until now and the World event is about to be seen.
9-27-2023 Intel Guru MarkZ [via PDK] Question: Will the RV be announced to the public? MarkZ Answer: Yes but they not use the same terminology (like RV or Revaluation) that you and I use. They will most likely call it a “financial reset” or a “sound money act” or something like that. This will let us know they have gone asset backed and have new bills …you will see it all over the news. If you are paying attention…you will know what it is.
9-25-2023 Newshound Guru Pimpy After the past week we're seeing a lot of things happening fairly quick over there in Iraq...You guys want to know if I'm excited about what's going on? Of course I am. Is it good news? Of course it is. But what do I always say? Stay grounded because when it comes to Iraq they have a habit of doing a lot of great things and doing something that screws it all up. But this time around I'm more optimistic than I am pessimistic.
9-25-2023 Newshound Guru Militia Man Article: "The invitation to the organization to attend the introductory symposium on Iraq's entry into the World Trade Organization which is being held on 4th of October" The showcasing of them having had an international exchange rate has got to be coming because the WTO is not going to allow IMO ascension to the WTO without having a valuation of their country...
9-25-2023 Newshound Guru Jeff You might want to go see what day of the month Kuwait reinstated the value of their currency because history is about to repeat itself between Iraq and Kuwait...they're going to revalue on the same day of the month that Kuwait did.
9-25-2023 Intel Guru MarkZ [via PDK] “Iraqi Central Bank to restrict internal trades to Dinar” From Bloomberg…. They are de-dollarizing. Payments in dinar only …they cannot do that and handle trades without the dinar having a more meaningful value and is international…also they are expected to formally announce this on October 4th. There is a lot happening on Oct 4th. To me this means they need a new value by October 4th. I am hearing they really do expect that dinar rate change by Oct. 4th.
9-25-2023 Newshound Guru Pimpy The reverse of the Authorization for Military use that can actually be done by next week. I'm looking forward to that because I'm curious to see how that's going to work out, how that affects the sanctions that are against the currency of Iraq. Because if we can get those reversed that's going to be a major step for Iraq and Iraqi dinar...
9-25-2023 Newshound/Intel Guru Walkingstick The tender that put Kurdistan and Erbil, the last remaining banks that are outside the reform process, inline... The tender for the currency and coins has been met per request, meaning the needed currency and coins, the count and the value, for the release of the new exchange rate has been fulfilled.
9-25-2023 Intel Guru Suzie I would like to think this "Jolly Farm's" ride is about to come to an end soon. With all the meetings with the UST, WTO, AMF, travels back and forth between countries, contracts being signed, countries pouring in to do business, Iraq to be the leader in the middle east and so on and so forth, this cannot drag out...I'm personally looking for this soon, not months down the road, as international business, if all true, won't stand for it.
9-25-2023 Guru Nader From The Mid East The HCL they start payment tomorrow and it goes all the way to 28th to 8th of October for 10 days. They're gonna pay people.
9-25-2023 Intel Guru MarkZ [via PDK] There are a number of articles and comments that we are to expect some kind of announcement out of Iraq on Tuesday…on how they plan to handle the exchange rate. Perhaps this means they are still fighting the rate in the parallel market…or perhaps it is our full blown revaluation. But we are expecting some kind of announcement on the value of the Iraqi dinar to the US dollar.
9-25-2023 Newshound Guru Militia Man Al-Sudani came home from the United States of America. He showcased his presentation. He did it very very well, professionally, turns out people felt he was a statesman all around the world. When it comes down to it are you going to do a tripartite budget at 1310? The answer is probably 100% IMO no...
9-25-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-25-2023 Newshound Guru Pimpy Al-Sudani wraps up his visit with the United Nations General Assembly...He was supposed to meet with Biden but my understand is that they did not meet but he did speak with a couple of his staff members. I'm sure by now he must have some kind of idea how this [Thursday's] vote's gonna go...on whether or not they reverse the authorization of military use over there in Baghdad. I'm wondering if there was any kind of stipulations or agreements that were made one way or the other but next week we're going to find out.
9-25-2023 Intel Guru yada Article: "Al-Sudani listens to a comprehensive presentation on the steps for implementing the unified treasury account" Article Quote: "Prime Minister Muhammad Shia Al-Sudani confirmed today, Sunday (September 24, 2023), during a special meeting to follow up on the implementation of the unified treasury account and electronic payment that these steps are among the most important financial, banking and economic reform measures in Iraq." A follow up "on the implementation"...The Unifird Treasury Account is the account where all the money is stored and the electronic payment is the tool they are using their banking. Stuffs taking place folks...
9-25-2023 Intel Guru MarkZ [via PDK] “Iraq to reopen embassy in Vietnam”. This is good news and showing their ties. Vietnam and Iraq are both major trading partners and of course we expect both currencies to revalue at the same time...Reopening embassies is important… If Iraq is going to be international player…they are going to need an “International Currency”...
9-25-2023 Newshound Guru Militia Man Article: "The invitation to the organization to attend the introductory symposium on Iraq's entry into the World Trade Organization which is being held on 4th of October" The showcasing of them having had an international exchange rate has got to be coming because the WTO is not going to allow IMO ascension to the WTO without having a valuation of their country...
9-25-2023 Newshound Guru Jeff You might want to go see what day of the month Kuwait reinstated the value of their currency because history is about to repeat itself between Iraq and Kuwait...they're going to revalue on the same day of the month that Kuwait did.
9-25-2023 Intel Guru MarkZ [via PDK] “Iraqi Central Bank to restrict internal trades to Dinar” From Bloomberg…. They are de-dollarizing. Payments in dinar only …they cannot do that and handle trades without the dinar having a more meaningful value and is international…also they are expected to formally announce this on October 4th. There is a lot happening on Oct 4th. To me this means they need a new value by October 4th. I am hearing they really do expect that dinar rate change by Oct. 4th.
9-25-2023 Newshound Guru Pimpy The reverse of the Authorization for Military use that can actually be done by next week. I'm looking forward to that because I'm curious to see how that's going to work out, how that affects the sanctions that are against the currency of Iraq. Because if we can get those reversed that's going to be a major step for Iraq and Iraqi dinar...
9-25-2023 Newshound/Intel Guru Walkingstick The tender that put Kurdistan and Erbil, the last remaining banks that are outside the reform process, inline... The tender for the currency and coins has been met per request, meaning the needed currency and coins, the count and the value, for the release of the new exchange rate has been fulfilled.
9-25-2023 Intel Guru Suzie I would like to think this "Jolly Farm's" ride is about to come to an end soon. With all the meetings with the UST, WTO, AMF, travels back and forth between countries, contracts being signed, countries pouring in to do business, Iraq to be the leader in the middle east and so on and so forth, this cannot drag out...I'm personally looking for this soon, not months down the road, as international business, if all true, won't stand for it.
9-25-2023 Guru Nader From The Mid East The HCL they start payment tomorrow and it goes all the way to 28th to 8th of October for 10 days. They're gonna pay people.
9-25-2023 Intel Guru MarkZ [via PDK] There are a number of articles and comments that we are to expect some kind of announcement out of Iraq on Tuesday…on how they plan to handle the exchange rate. Perhaps this means they are still fighting the rate in the parallel market…or perhaps it is our full blown revaluation. But we are expecting some kind of announcement on the value of the Iraqi dinar to the US dollar.
9-25-2023 Newshound Guru Militia Man Al-Sudani came home from the United States of America. He showcased his presentation. He did it very very well, professionally, turns out people felt he was a statesman all around the world. When it comes down to it are you going to do a tripartite budget at 1310? The answer is probably 100% IMO no...
9-25-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-25-2023 Newshound Guru Pimpy Al-Sudani wraps up his visit with the United Nations General Assembly...He was supposed to meet with Biden but my understand is that they did not meet but he did speak with a couple of his staff members. I'm sure by now he must have some kind of idea how this [Thursday's] vote's gonna go...on whether or not they reverse the authorization of military use over there in Baghdad. I'm wondering if there was any kind of stipulations or agreements that were made one way or the other but next week we're going to find out.
9-25-2023 Intel Guru yada Article: "Al-Sudani listens to a comprehensive presentation on the steps for implementing the unified treasury account" Article Quote: "Prime Minister Muhammad Shia Al-Sudani confirmed today, Sunday (September 24, 2023), during a special meeting to follow up on the implementation of the unified treasury account and electronic payment that these steps are among the most important financial, banking and economic reform measures in Iraq." A follow up "on the implementation"...The Unifird Treasury Account is the account where all the money is stored and the electronic payment is the tool they are using their banking. Stuffs taking place folks...
9-25-2023 Intel Guru MarkZ [via PDK] “Iraq to reopen embassy in Vietnam”. This is good news and showing their ties. Vietnam and Iraq are both major trading partners and of course we expect both currencies to revalue at the same time...Reopening embassies is important… If Iraq is going to be international player…they are going to need an “International Currency”...
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9-24-2023 Newshound Guru Pimpy We know they've been working on reforming their banking system so it could work with international financial system. If they de-dollarize, get rid of the capital controls and they can have access to international financial systems, outside investors would come from all over to invest in Iraq. You could see the Iraqi dinar jump up pretty good.
9-24-2023 Intel/Newshound Guru Babysmom IT DOES NOT HAVE TO HAPPEN ON A WEEKEND THE GOAL IS FOR IT TO HAPPEN WHEN OUR MARKET IS CLOSED AND THE IRAQ BANKS ARE CLOSED...KUWAIT HAPPENED ON A SUNDAY AND IT WAS REPORTED MONDAY IN THE NEW YORK TIMES.
9-24-2023 Newshound Guru Militia Man There's a total shift and a move to expose Iraq. What are they doing? They're creating confidence. They're going to create liquidity...Iraq is gearing for a global financial system mechanism that's gonna provide liquidity to the world.
9-24-2023 Intel Guru MarkZ [via PDK] “Iraq’s Prime Minister talks to CNN about the future of his country’s relationship with the US” So they are starting to cover stories like this even in the MSM. This is showing Iraq is coming to the world stage.
9-24-2023 Newshound Guru Kaperoni Guru Pimpy thinks sanctions are what are excluding Iraq from access to the international financial system...Wrong! There's nothing holding Iraq back from engaging with the world financial system other than Iraq themselves.
9-24-2023 Newshound Guru Sandy Ingram Article: "Summary of Iraqi Prime Minister's Schedule at the UN General Assembly September 2023". The Prime Minister of Iraq addressed the UN General Assembly this past week in New York City...He had a one-on-one meeting with US Secretary of State...He also met with US companies on Thursday...In his speech to the general assembly..he said the country has become a safe environment for investors focusing on eradicating corruption and is committed to international law...The PM told the general assembly everything they wanted to hear. He called Iraq a key player in the global marketplace and said other countries cannot use Iraq as a central point to hurt either Iran or Turkey.
9-24-2023 Newshound Guru Pimpy We know that the Iraq dinar is much more valuable currency, how much of an impact it's [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] going to have on Iraqi dinar remains to be seen. Like I said I don't want to promise anything but I think then we could see some much bigger jumps in the value if outside investors start coming in because the authorization has been reversed, if these restriction are removed off the Iraqi dinar then we can see some huge jumps.
9-24-2023 Guru Nader From The Mid East My boss [Prime Minister Sudani] back home let see what his decisions
9-24-2023 Newshound Guru Militia Man They're really serious about this investing aspect of Iraq...The meeting with the US Secretary of State discussed the activation of the Strategic Framework Agreement, the entry of American companies and the resumption of oil exports through the Turkish port...They're going to help Iraq to be supportive of their currency and the value of that currency because all the income streams are going to be able to support Iraq to get investment projects done...
9-24-2023 Intel Guru RayRen98 GET READY...GET READY!...GET READY! ...$$$$...THE CLOCK IS TICKING...THE COUNTDOWN BEGINS... Question: Ray, where are we in the countdown...? RanyRen98 Answer: RIGHT NOW...I'M THINKING HOURS. TIME WILL TELL!! ♫♪♫♪♫ I GOT A FEELIN ...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫ times 2...
9-24-2023 Newshound Guru Clare Article: "The Prime Minister returns home after concluding his visit to New York" Quote: "Prime Minister Muhammad Shiaa Al-Sudani returned to the homeland today, Saturday, after concluding his visit to New York."
9-24-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-24-2023 Newshound Guru Samson Article: "Al-Sudani concludes his visit to New York with a British and international meeting"
9-24-2023 Intel Guru MarkZ [via PDK] When I say redemption centers...a redemption center is a bank in the region …in your area…that is specially equipped and set up with the people who have been trained to handle it. This difference in terminology causes a tremendous amount of confusion... Maybe I should start calling them “redeeming banks?”
9-24-2023 Newshound Guru Pimpy We know they've been working on reforming their banking system so it could work with international financial system. If they de-dollarize, get rid of the capital controls and they can have access to international financial systems, outside investors would come from all over to invest in Iraq. You could see the Iraqi dinar jump up pretty good.
9-24-2023 Intel/Newshound Guru Babysmom IT DOES NOT HAVE TO HAPPEN ON A WEEKEND THE GOAL IS FOR IT TO HAPPEN WHEN OUR MARKET IS CLOSED AND THE IRAQ BANKS ARE CLOSED...KUWAIT HAPPENED ON A SUNDAY AND IT WAS REPORTED MONDAY IN THE NEW YORK TIMES.
9-24-2023 Newshound Guru Militia Man There's a total shift and a move to expose Iraq. What are they doing? They're creating confidence. They're going to create liquidity...Iraq is gearing for a global financial system mechanism that's gonna provide liquidity to the world.
9-24-2023 Intel Guru MarkZ [via PDK] “Iraq’s Prime Minister talks to CNN about the future of his country’s relationship with the US” So they are starting to cover stories like this even in the MSM. This is showing Iraq is coming to the world stage.
9-24-2023 Newshound Guru Kaperoni Guru Pimpy thinks sanctions are what are excluding Iraq from access to the international financial system...Wrong! There's nothing holding Iraq back from engaging with the world financial system other than Iraq themselves.
9-24-2023 Newshound Guru Sandy Ingram Article: "Summary of Iraqi Prime Minister's Schedule at the UN General Assembly September 2023". The Prime Minister of Iraq addressed the UN General Assembly this past week in New York City...He had a one-on-one meeting with US Secretary of State...He also met with US companies on Thursday...In his speech to the general assembly..he said the country has become a safe environment for investors focusing on eradicating corruption and is committed to international law...The PM told the general assembly everything they wanted to hear. He called Iraq a key player in the global marketplace and said other countries cannot use Iraq as a central point to hurt either Iran or Turkey.
9-24-2023 Newshound Guru Pimpy We know that the Iraq dinar is much more valuable currency, how much of an impact it's [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] going to have on Iraqi dinar remains to be seen. Like I said I don't want to promise anything but I think then we could see some much bigger jumps in the value if outside investors start coming in because the authorization has been reversed, if these restriction are removed off the Iraqi dinar then we can see some huge jumps.
9-24-2023 Guru Nader From The Mid East My boss [Prime Minister Sudani] back home let see what his decisions
9-24-2023 Newshound Guru Militia Man They're really serious about this investing aspect of Iraq...The meeting with the US Secretary of State discussed the activation of the Strategic Framework Agreement, the entry of American companies and the resumption of oil exports through the Turkish port...They're going to help Iraq to be supportive of their currency and the value of that currency because all the income streams are going to be able to support Iraq to get investment projects done...
9-24-2023 Intel Guru RayRen98 GET READY...GET READY!...GET READY! ...$$$$...THE CLOCK IS TICKING...THE COUNTDOWN BEGINS... Question: Ray, where are we in the countdown...? RanyRen98 Answer: RIGHT NOW...I'M THINKING HOURS. TIME WILL TELL!! ♫♪♫♪♫ I GOT A FEELIN ...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫ times 2...
9-24-2023 Newshound Guru Clare Article: "The Prime Minister returns home after concluding his visit to New York" Quote: "Prime Minister Muhammad Shiaa Al-Sudani returned to the homeland today, Saturday, after concluding his visit to New York."
9-24-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-24-2023 Newshound Guru Samson Article: "Al-Sudani concludes his visit to New York with a British and international meeting"
9-24-2023 Intel Guru MarkZ [via PDK] When I say redemption centers...a redemption center is a bank in the region …in your area…that is specially equipped and set up with the people who have been trained to handle it. This difference in terminology causes a tremendous amount of confusion... Maybe I should start calling them “redeeming banks?”
9-23-2023 Newshound Guru Militia Man Iraq has been in the UN in New York since the 18th...doing things like The Path of Development which is going to shape the face of Iraq's county in the next stage...It's going to be a post oil era...their path to prosperity and growth...Sudani coming to New York is an instrumental step and we'll see if that is THE step that is going to be the beginning...
9-23-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-23-2023 Newshound Guru Pimpy Things are starting to look up, this is awesome...Prosperity is definitely on its way to Iraq. I'm pretty sure I know what's on everybody's mind - When will the dinar change? I get it why people are excited but things have to be implemented. They have to be already in play before you start to see some changes happening.
9-23-2023 Intel Guru MarkZ [via PDK] It is not in the Gazette yet…they have not done it yet…But…the chatter has been over the top...The chatter in Iraq right now is for a rate change early in the week...there is a lot of reporting out there that it has already happened but I can tell you (from contacts on the ground over there) that it has not occurred yet…the frenzy is whipping up for certain but, it has not gone yet. No one knows the exact date…they cloud things on purpose. But things look great and there is a “potential” for it to happen soon…
9-23-2023 Newshound Guru Jeff I found out Fifth Third Bank is one of the bank that will be exchanging your currency for you and give you face value for it.
9-23-2023 Intel Guru Angel1 I do not believe we will get out of September and I do not believe we will see a rate change while Sudani is out of country...This week we focus on the international world. We focus on Iraq's reach. And where is Iraq's reach? At our banks. That's where we are.
9-23-2023 Intel Guru Frank26 Keep a very close, close eye on your dinars. Don't let them out of your site. If a bank says to you we're going to send them to another bank so they can be inspected and all of that, no thank you. I'm not going to let my dinars out of my sight. What if someone steals them in route to wherever you're sending them. What if there's an accident and they burn up? 'Well, we'll replace them.' No you won't...Be very careful who you trust, who you put your faith in.
9-23-2023 Newshound Guru Militia Man Sudani Quote from UN speech "The time has come for Iraq to take its natural place in the International community..." Sudani is saying it's time for us to open up to the world...He said it to the UN...to the World....Iraq is going international how can you deny it? It's completely phenomenal...
9-23-2023 Intel Guru MarkZ [via PDK] I heard he [Sudani] would be back in Iraq late this evening or early tomorrow. That is from my sources…Still waiting for confirmation. A lot of people in Iraq believe that is when we will see the rate change. It sounds plausible to me and I am very hopeful that is the case.
9-23-2023 Guru Nader From The Mid East [Response to needing documents to exchange] "Hey, get your documents/papers ready" What documents? What papers? ...You can change any money in the world you don't need any documents besides the passport, drivers license or ID. You don't need anything else even if you have 50 million of them.
9-23-2023 Newshound Guru Pimpy The last sanction is limited access to international financial system. Iraq has been excluded from the global financial system due to US sanctions which has limited its ability to access international markets and made it difficult for foreign investors to participate in their country's economy. With the reveals of this authorization [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] this can all change. You might see a pretty big jump in the Iraqi dinar. I don't want to promise anything and don't want to blow smoke up people's butt but it has the potential to have a really big positive impact on the Iraqi dinar.
9-23-2023 Intel Guru RayRen98 ATMs tested and operational today... It’s going to be a superfantastic wknd.
9-23-2023 Newshound Guru Samson Article: "The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq"
9-23-2023 Guest Guru jssmi765 As I was looking through all my old Dinar related documents, I came across one from 2012 which listed all the things that needed to take place for the RV to happen. Interestingly, it is only within the last few of weeks/days that everything that was listed has finally been completed...I also found an old document from 2011 which was a Q & A with someone at Treasury who was one of the original planners of the RV. It was the reason I became a true believer back in the day...This is real people...It's time.
9-23-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-23-2023 Newshound Guru Pimpy Things are starting to look up, this is awesome...Prosperity is definitely on its way to Iraq. I'm pretty sure I know what's on everybody's mind - When will the dinar change? I get it why people are excited but things have to be implemented. They have to be already in play before you start to see some changes happening.
9-23-2023 Intel Guru MarkZ [via PDK] It is not in the Gazette yet…they have not done it yet…But…the chatter has been over the top...The chatter in Iraq right now is for a rate change early in the week...there is a lot of reporting out there that it has already happened but I can tell you (from contacts on the ground over there) that it has not occurred yet…the frenzy is whipping up for certain but, it has not gone yet. No one knows the exact date…they cloud things on purpose. But things look great and there is a “potential” for it to happen soon…
9-23-2023 Newshound Guru Jeff I found out Fifth Third Bank is one of the bank that will be exchanging your currency for you and give you face value for it.
9-23-2023 Intel Guru Angel1 I do not believe we will get out of September and I do not believe we will see a rate change while Sudani is out of country...This week we focus on the international world. We focus on Iraq's reach. And where is Iraq's reach? At our banks. That's where we are.
9-23-2023 Intel Guru Frank26 Keep a very close, close eye on your dinars. Don't let them out of your site. If a bank says to you we're going to send them to another bank so they can be inspected and all of that, no thank you. I'm not going to let my dinars out of my sight. What if someone steals them in route to wherever you're sending them. What if there's an accident and they burn up? 'Well, we'll replace them.' No you won't...Be very careful who you trust, who you put your faith in.
9-23-2023 Newshound Guru Militia Man Sudani Quote from UN speech "The time has come for Iraq to take its natural place in the International community..." Sudani is saying it's time for us to open up to the world...He said it to the UN...to the World....Iraq is going international how can you deny it? It's completely phenomenal...
9-23-2023 Intel Guru MarkZ [via PDK] I heard he [Sudani] would be back in Iraq late this evening or early tomorrow. That is from my sources…Still waiting for confirmation. A lot of people in Iraq believe that is when we will see the rate change. It sounds plausible to me and I am very hopeful that is the case.
9-23-2023 Guru Nader From The Mid East [Response to needing documents to exchange] "Hey, get your documents/papers ready" What documents? What papers? ...You can change any money in the world you don't need any documents besides the passport, drivers license or ID. You don't need anything else even if you have 50 million of them.
9-23-2023 Newshound Guru Pimpy The last sanction is limited access to international financial system. Iraq has been excluded from the global financial system due to US sanctions which has limited its ability to access international markets and made it difficult for foreign investors to participate in their country's economy. With the reveals of this authorization [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] this can all change. You might see a pretty big jump in the Iraqi dinar. I don't want to promise anything and don't want to blow smoke up people's butt but it has the potential to have a really big positive impact on the Iraqi dinar.
9-23-2023 Intel Guru RayRen98 ATMs tested and operational today... It’s going to be a superfantastic wknd.
9-23-2023 Newshound Guru Samson Article: "The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq"
9-23-2023 Guest Guru jssmi765 As I was looking through all my old Dinar related documents, I came across one from 2012 which listed all the things that needed to take place for the RV to happen. Interestingly, it is only within the last few of weeks/days that everything that was listed has finally been completed...I also found an old document from 2011 which was a Q & A with someone at Treasury who was one of the original planners of the RV. It was the reason I became a true believer back in the day...This is real people...It's time.
9-22-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-22-2023 Newshound Guru Pimpy We have gas approaching $6 in California. I think oil per barrel is above $95...I knew once Joe Biden used all of our oil reserves to try to hold prices down...this was going to happen. It was easy to predict. But on the plus side, the fact oil per barrel is above $95 this helps Iraq as long as they stay above the projected amount they put into the budget. Iraq is rocking and rolling and looking good.
9-22-2023 Intel Guru MarkZ [via PDK] I saw some very impressive math in the early 2010’s. Maybe 2012 from an exceptional Iraqi source. They were pointing to a rate between $12.70 ish-$14.70 ish for the dinar based on the math for that day and time…a lot has changed since then...With values and inflation…so I could defiantly see that now. But I am preparing myself for lower…but hoping for higher. Since Vietnam and Iraq are trading partners...I feel if Iraq rate is high…then the Vietnam rate will also be high.
9-22-2023 Intel Guru Frank26 Question: "Do you think the VND will be close in value to the dinar...?" Not close to the same value, no. The Middle East has incredible power through their resources...If I was to see the Vietnamese currency go up in value I would see their exchange rate going up...to $0.05 to $0.10. You may say, 'What? That's it?' If you have some of their money that's a major windfall. They could take it up more. Vietnam is slowly growing up. They're getting some feathers on those wings but I don't think they'll ever leave the nest of China...
9-22-2023 Newshound Guru Clare Article: "House Foreign Affairs Committee will hold a hearing next week on repealing the law that made the 2003 Iraq invasion possible" Quote: "The hearing, scheduled for 10 am next Thursday, is expected to address both the repeal of the 2002 authorization of the use of military force (AUMF) against Iraq and the replacement of the 2001 AUMF, according to one person familiar with the planning."
9-22-2023 Intel Guru Bruce [via WiserNow] ...what we have heard...we will get started on or by Saturday...What we also know is on Saturday, the plan is to put the rate of the Iraqi dinar out on the digital version of the gazette. ...my understanding is that's the version that people would be able to see internationally...So we're looking for a pretty big weekend. [post 2 of 2]
9-22-2023 Intel Guru Bruce [via WiserNow] ...we talked about whether or not the rate of the Iraqi dinar would be in the printed gazette Wednesday...And we checked it and yes, it was. It was according to our sources, put in the printed version of the Gazette, which means that the RV actually happened yesterday [Wednesday] - in Iraq and throughout the Middle East - who were able to see... and read the printed version of the Gazette in Arabic - and so they got started, essentially yesterday in that region of the world...Now, what about us... [post 1 of 2....stay tuned]
9-22-2023 Newshound Guru Sandy Ingram Today is my last day of travel...As usual I'm traveling with only thirty thousand Iraqi dinar. I take the IQD with me everywhere I go because it could increase in value at any time.
9-22-2023 Intel Guru Suzie So far Sudani has not addressed anything pertaining to monetary reform in his talks at the UN, perhaps that will come later or in "private" meetings with the UST.
9-22-2023 Intel Guru RayRen98 Review your plan and get your documents in order. First window opens after 4pm est...
9-22-2023 Newshound/Intel Guru Walkingstick [Iraqi Banking friend Aki update] The ATMs are ready to go with the 'new currency'. The CBI was talking with the private banks on when to bring them online. No date was given at the meeting. But they will be notified when to bring these new ATMs online...
9-22-2023 Intel Guru MarkZ [via PDK] There is an article out that has people panicked today…”Parliament sets 3 months to restore the exchange rate of the dollar to the official rate” Do not panic about this. We saw similar articles come out of Kuwait just before they RV’d…an article came out saying they were not going to RV for at least 6 months…then bam…they did it that same day…. They are clouding it…and clouding it on purpose.
9-22-2023 Newshound Guru Kaperoni Guru Bruce says the Iraqi oil and gas law or hydrocarbon law has been passed and they're starting to disperse money to the Iraqi people. Absolutely bullshit! Parliament has not passed a HCL law.
9-22-2023 Newshound Guru Pimpy Potential good news for Iraq that could affect the Iraqi dinar...to me it is a good sign and it is good news... Article: "The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq" This here is a biggie...There's pros and cons to this...the cool thing is - if this authorization is reversed this would give Iraq their full sovereignty. That means they're on their own. There's no more training wheels. There's not more kit gloves...this could have both a positive and negative impact on the currency...
9-22-2023 Intel Guru RayRen98 MEMBERS ARE CALLING WITH THEIR OWN 3-LETTER STORIES - THEY'RE SAYING LOOK FORWARD TO AN EXCITING SATURDAY! ...Some banks are making appointments for this weekend.
9-22-2023 Intel Guru Frank26 Sudani didn't go [to the UN] to make one speech. He went there to make that speech to invite the whole world into Iraq and then he went and did all of these little sidebar meetings at the United Nations with many different groups - businesses, companies, countries, presidents...He went on a mission to promote his two reforms.
9-22-2023 Newshound Guru Clare Article: "Al-Sudani: The meeting is being arranged with Biden, and we will call for the formation of an international bloc in the region"
9-22-2023 Intel Guru MarkZ [via PDK] “Joint leader’s statement: Elevating United States and Vietnam relations to a comprehensive strategic partnership” So we really want to work with Vietnam. Be best buddies…It’s obvious the US is putting a lot of effort into Vietnam right now…this is a good thing. This means the US wants Vietnam to revalue and be successful.
9-22-2023 Newshound Guru Pimpy We have gas approaching $6 in California. I think oil per barrel is above $95...I knew once Joe Biden used all of our oil reserves to try to hold prices down...this was going to happen. It was easy to predict. But on the plus side, the fact oil per barrel is above $95 this helps Iraq as long as they stay above the projected amount they put into the budget. Iraq is rocking and rolling and looking good.
9-22-2023 Intel Guru MarkZ [via PDK] I saw some very impressive math in the early 2010’s. Maybe 2012 from an exceptional Iraqi source. They were pointing to a rate between $12.70 ish-$14.70 ish for the dinar based on the math for that day and time…a lot has changed since then...With values and inflation…so I could defiantly see that now. But I am preparing myself for lower…but hoping for higher. Since Vietnam and Iraq are trading partners...I feel if Iraq rate is high…then the Vietnam rate will also be high.
9-22-2023 Intel Guru Frank26 Question: "Do you think the VND will be close in value to the dinar...?" Not close to the same value, no. The Middle East has incredible power through their resources...If I was to see the Vietnamese currency go up in value I would see their exchange rate going up...to $0.05 to $0.10. You may say, 'What? That's it?' If you have some of their money that's a major windfall. They could take it up more. Vietnam is slowly growing up. They're getting some feathers on those wings but I don't think they'll ever leave the nest of China...
9-22-2023 Newshound Guru Clare Article: "House Foreign Affairs Committee will hold a hearing next week on repealing the law that made the 2003 Iraq invasion possible" Quote: "The hearing, scheduled for 10 am next Thursday, is expected to address both the repeal of the 2002 authorization of the use of military force (AUMF) against Iraq and the replacement of the 2001 AUMF, according to one person familiar with the planning."
9-22-2023 Intel Guru Bruce [via WiserNow] ...what we have heard...we will get started on or by Saturday...What we also know is on Saturday, the plan is to put the rate of the Iraqi dinar out on the digital version of the gazette. ...my understanding is that's the version that people would be able to see internationally...So we're looking for a pretty big weekend. [post 2 of 2]
9-22-2023 Intel Guru Bruce [via WiserNow] ...we talked about whether or not the rate of the Iraqi dinar would be in the printed gazette Wednesday...And we checked it and yes, it was. It was according to our sources, put in the printed version of the Gazette, which means that the RV actually happened yesterday [Wednesday] - in Iraq and throughout the Middle East - who were able to see... and read the printed version of the Gazette in Arabic - and so they got started, essentially yesterday in that region of the world...Now, what about us... [post 1 of 2....stay tuned]
9-22-2023 Newshound Guru Sandy Ingram Today is my last day of travel...As usual I'm traveling with only thirty thousand Iraqi dinar. I take the IQD with me everywhere I go because it could increase in value at any time.
9-22-2023 Intel Guru Suzie So far Sudani has not addressed anything pertaining to monetary reform in his talks at the UN, perhaps that will come later or in "private" meetings with the UST.
9-22-2023 Intel Guru RayRen98 Review your plan and get your documents in order. First window opens after 4pm est...
9-22-2023 Newshound/Intel Guru Walkingstick [Iraqi Banking friend Aki update] The ATMs are ready to go with the 'new currency'. The CBI was talking with the private banks on when to bring them online. No date was given at the meeting. But they will be notified when to bring these new ATMs online...
9-22-2023 Intel Guru MarkZ [via PDK] There is an article out that has people panicked today…”Parliament sets 3 months to restore the exchange rate of the dollar to the official rate” Do not panic about this. We saw similar articles come out of Kuwait just before they RV’d…an article came out saying they were not going to RV for at least 6 months…then bam…they did it that same day…. They are clouding it…and clouding it on purpose.
9-22-2023 Newshound Guru Kaperoni Guru Bruce says the Iraqi oil and gas law or hydrocarbon law has been passed and they're starting to disperse money to the Iraqi people. Absolutely bullshit! Parliament has not passed a HCL law.
9-22-2023 Newshound Guru Pimpy Potential good news for Iraq that could affect the Iraqi dinar...to me it is a good sign and it is good news... Article: "The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq" This here is a biggie...There's pros and cons to this...the cool thing is - if this authorization is reversed this would give Iraq their full sovereignty. That means they're on their own. There's no more training wheels. There's not more kit gloves...this could have both a positive and negative impact on the currency...
9-22-2023 Intel Guru RayRen98 MEMBERS ARE CALLING WITH THEIR OWN 3-LETTER STORIES - THEY'RE SAYING LOOK FORWARD TO AN EXCITING SATURDAY! ...Some banks are making appointments for this weekend.
9-22-2023 Intel Guru Frank26 Sudani didn't go [to the UN] to make one speech. He went there to make that speech to invite the whole world into Iraq and then he went and did all of these little sidebar meetings at the United Nations with many different groups - businesses, companies, countries, presidents...He went on a mission to promote his two reforms.
9-22-2023 Newshound Guru Clare Article: "Al-Sudani: The meeting is being arranged with Biden, and we will call for the formation of an international bloc in the region"
9-22-2023 Intel Guru MarkZ [via PDK] “Joint leader’s statement: Elevating United States and Vietnam relations to a comprehensive strategic partnership” So we really want to work with Vietnam. Be best buddies…It’s obvious the US is putting a lot of effort into Vietnam right now…this is a good thing. This means the US wants Vietnam to revalue and be successful.
9-21-2023 Newshound/Intel Guru Walkingstick Sudani going to New York is extremely crucial because he's having all these meetings. These meetings are important for the monetary reform and to bring forth the economic reform...
9-21-2023 Double Your Purchasing Power The average American is struggling to make ends-meat. “Nearly 4 in 10 Americans now struggle to pay their usual bills. Here’s the No. 1 reason why…“-MarketWatchPicks. Housing prices are sky high. Food prices have gone up and even gas is going higher and higher and higher - “Fuel Prices Are Soaring…”-The Wall Street Journal. “The high cost of putting food on the table is not going down any time soon, report says”-DesertNews All these indicators you hear about are pointing toward a recession and a hard landing. “10 Red Flags Warn of a Looming Recession”-TheMessengerBusiness Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-21-2023 Intel Guru Bruce [via WiserNow] ...the oil and gas law which is the HCL, the hydrocarbon law...got...passed... they're going to start paying that out to the people of Iraq, this is something they get proceeds from their portion meted out to each citizen... I believe it's this month...could be October... I can't remember exactly when but that has been agreed upon...
9-21-2023 Intel Guru Frank26 Question: "I don't know what HCL is?" If you live in Alaska or Texas you would be able to receive mineral and oil rights/money because you live on that land. The state owes you as a citizen of that state a royalty. Iraqi citizens live on an ocean of oil...They are being given their rights when they sell these precious items through what's called a Hydro-carbon Law.
9-21-2023 Intel Guru MarkZ [via PDK] Member Comment: ...Praying this is our last week of waiting. MarkZ: Things are looking good…that’s for certain.
9-21-2023 Newshound Guru Kaperoni Guru Frank26 thinks there will be no hydrocarbon law in Iraq until the central bank revalues the currency. One has nothing to do with the other. The dinar will remain weak until Iraq diversifies their economy.
9-21-2023 Newshound Guru Sandy Ingram The Prime Minister of Iraq has announced the development road project with Turkey is expected to increase the country's Gross Domestic Product (GDP) value. When you hear the words GDP increase you can expect currency increase in value to follow...
9-21-2023 Newshound Guru Pimpy Vietnam dong...the last we heard they were trying to recoup from a strong dollar. Unfortunately, they have been selling their reserve currencies to try to hold onto the current exchange rate. Remember, every time the United States hikes their interest rates it affects currencies all around the world making a US dollar stronger while making theirs
[currency] weaker.
9-21-2023 Intel Guru yada ...the meetings with the PM in NY is basically a, "We are Open For Business In Iraq" gathering. Citibank and JP Morgan are on board to handle all the digital transactions and the world is at their doorstep.
9-21-2023 Newshound/Intel Guru Walkingstick [Iraqi Banking friend Aki update] There were meetings on Monday and Tuesday [Between CBI and Private banks] talking about the ATMs and they called it a 'new currency. Not once did they say lower denoms or LDs they simply called it 'new currency'. When you see this you'll know exactly what the CBI is talking about to the citizens. Not the old 3-zero notes but the lower denominations.
9-21-2023 Intel Guru MarkZ [via PDK] In Iraq: “Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the Oil and Gas law” We were also hearing this kind of thing from Kuwait before their last RV. I was always told to watch for this as a final trigger that needs to be hit right before we see RV. They are working on it. They may be releasing things like this so we don’t know if it’s already done or not.
9-21-2023 Newshound Guru Militia Man JP Morgan and Citi Bank are looking to have liquidity... Article quote about Nelson the US Under Secretary, "Nelson appreciated the government reforms in the banking and financial sectors and the government's success in restoring the confidence of global financial institutions." ...JP Morgan, US Treasury and the Central Bank of Iraq are all cooperating in the Iraqi files. For what? Financial liquidity, commercial bank transfers outside the country...Drop the mic! That's pretty heavy!
9-21-2023 Intel Guru Frank26 Sudani went to the United Nations and he Article quote "...convinced the whole world that he is capable of solving the country's chronic problems." You're talking about the sanctioned program rate? That's the chronic problem you've been having forever and ever.
9-21-2023 Newshound/Intel Guru Mnt Goat Article: "AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY" ...Why would a foreign country want to invest in Iraq if they were not truly stable and ready to reinstate back on FOREX? The signs are all around us...
9-21-2023 Intel Guru MarkZ [via PDK] ...His [Sudani] first speech at the UN was more on the military situation, security etc…for the region. Latest reports are that he is now expected to talk again on Friday and address the UN…then hurry home...There is a lot of speculation that he will announce a rate…or that they are going international with their currency…when he gives that speech. Cross your fingers and say your prayers that this comes to fruition.
9-21-2023 Double Your Purchasing Power The average American is struggling to make ends-meat. “Nearly 4 in 10 Americans now struggle to pay their usual bills. Here’s the No. 1 reason why…“-MarketWatchPicks. Housing prices are sky high. Food prices have gone up and even gas is going higher and higher and higher - “Fuel Prices Are Soaring…”-The Wall Street Journal. “The high cost of putting food on the table is not going down any time soon, report says”-DesertNews All these indicators you hear about are pointing toward a recession and a hard landing. “10 Red Flags Warn of a Looming Recession”-TheMessengerBusiness Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-21-2023 Intel Guru Bruce [via WiserNow] ...the oil and gas law which is the HCL, the hydrocarbon law...got...passed... they're going to start paying that out to the people of Iraq, this is something they get proceeds from their portion meted out to each citizen... I believe it's this month...could be October... I can't remember exactly when but that has been agreed upon...
9-21-2023 Intel Guru Frank26 Question: "I don't know what HCL is?" If you live in Alaska or Texas you would be able to receive mineral and oil rights/money because you live on that land. The state owes you as a citizen of that state a royalty. Iraqi citizens live on an ocean of oil...They are being given their rights when they sell these precious items through what's called a Hydro-carbon Law.
9-21-2023 Intel Guru MarkZ [via PDK] Member Comment: ...Praying this is our last week of waiting. MarkZ: Things are looking good…that’s for certain.
9-21-2023 Newshound Guru Kaperoni Guru Frank26 thinks there will be no hydrocarbon law in Iraq until the central bank revalues the currency. One has nothing to do with the other. The dinar will remain weak until Iraq diversifies their economy.
9-21-2023 Newshound Guru Sandy Ingram The Prime Minister of Iraq has announced the development road project with Turkey is expected to increase the country's Gross Domestic Product (GDP) value. When you hear the words GDP increase you can expect currency increase in value to follow...
9-21-2023 Newshound Guru Pimpy Vietnam dong...the last we heard they were trying to recoup from a strong dollar. Unfortunately, they have been selling their reserve currencies to try to hold onto the current exchange rate. Remember, every time the United States hikes their interest rates it affects currencies all around the world making a US dollar stronger while making theirs
[currency] weaker.
9-21-2023 Intel Guru yada ...the meetings with the PM in NY is basically a, "We are Open For Business In Iraq" gathering. Citibank and JP Morgan are on board to handle all the digital transactions and the world is at their doorstep.
9-21-2023 Newshound/Intel Guru Walkingstick [Iraqi Banking friend Aki update] There were meetings on Monday and Tuesday [Between CBI and Private banks] talking about the ATMs and they called it a 'new currency. Not once did they say lower denoms or LDs they simply called it 'new currency'. When you see this you'll know exactly what the CBI is talking about to the citizens. Not the old 3-zero notes but the lower denominations.
9-21-2023 Intel Guru MarkZ [via PDK] In Iraq: “Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the Oil and Gas law” We were also hearing this kind of thing from Kuwait before their last RV. I was always told to watch for this as a final trigger that needs to be hit right before we see RV. They are working on it. They may be releasing things like this so we don’t know if it’s already done or not.
9-21-2023 Newshound Guru Militia Man JP Morgan and Citi Bank are looking to have liquidity... Article quote about Nelson the US Under Secretary, "Nelson appreciated the government reforms in the banking and financial sectors and the government's success in restoring the confidence of global financial institutions." ...JP Morgan, US Treasury and the Central Bank of Iraq are all cooperating in the Iraqi files. For what? Financial liquidity, commercial bank transfers outside the country...Drop the mic! That's pretty heavy!
9-21-2023 Intel Guru Frank26 Sudani went to the United Nations and he Article quote "...convinced the whole world that he is capable of solving the country's chronic problems." You're talking about the sanctioned program rate? That's the chronic problem you've been having forever and ever.
9-21-2023 Newshound/Intel Guru Mnt Goat Article: "AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY" ...Why would a foreign country want to invest in Iraq if they were not truly stable and ready to reinstate back on FOREX? The signs are all around us...
9-21-2023 Intel Guru MarkZ [via PDK] ...His [Sudani] first speech at the UN was more on the military situation, security etc…for the region. Latest reports are that he is now expected to talk again on Friday and address the UN…then hurry home...There is a lot of speculation that he will announce a rate…or that they are going international with their currency…when he gives that speech. Cross your fingers and say your prayers that this comes to fruition.
9-20-2023 Newshound Guru Militia Man During this time-frame we had some key components that were needed to be sorted. We've been talking about this for a while - the 23, 24, 25 tripartite budget has not been spending any money, hasn't allocated any money...that's going to be resolved.
9-20-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-20-2023 Intel Guru Frank26 The see-saw just teeters and totters. The ocean waves just ebb and flow, nothing ever changes but everything will dramatically change the moment you have the new exchange rate that Sudandi and Alaq have told the Iraqi citizens very clearly it's coming...
9-20-2023 Guru Nader From The Mid East I'm sure you saw Sudani invited by Biden. That's a good thing. I'm sure you saw the Iraqi government reduced his bonds with the United States $400 million. That's great news. The most important thing when Sudani said he's gonna reduce the corruption big-time...You know what that mean? I'll let you guess...We working, working, working. I'm happy about that. What's happening today and Iraq and in the world I'm happy about it...
9-20-2023 Newshound Guru Kaperoni Iraq is having a very difficult time managing the market rate from the official rate of the CBI. It is over 20% at this time. At almost 1,600 dinars to one US dollar. Way out of IMF compliance.
9-20-2023 Intel Guru Bruce [via WiserNow] ...Prime Minister Al-Sudani is telling us the RV that we're looking for...is to happen this week...He's talking about putting out the new rate which would be an international rate, not our rate that we're gonna get, but an international rate of the new Iraqi dinar in the printed version of the gazette on Wednesday [today]...So between 8am in the morning and 8pm tomorrow [Wednesday] it is supposed to be our pay day. It is supposed to be the day that we get started with our exchanges... [Post 2 of 2]
9-20-2023 Intel Guru Bruce [via WiserNow] ...We got a visit from Prime Minister Sudani from Iraq. He met with President Trump and a few others, in an undisclosed location that I know where it is. And I think it was just going over last minute stuff. But he flew back, prime minister Sudani flew back to Iraq ...and is going to bring out news of the revaluation of the Iraqi dinar to his people tomorrow [Wednesday]. He said...this week...will be a miracle week...He said not only for the country of Iraq, but for the entire world. [post 1 of 2....stay tuned]
9-20-2023 Intel Guru Angel1 I am zero concerned about HCL. Yesterday I do believe the Kurd's issues were resolved officially...We see some very strong rumblings that HCL is done. We have seen a few articles on it...we are having translated for us...On Friday it was announced on the radio that it was going to be resolved on Sunday and activated...
9-20-2023 Newshound Guru Militia Man This U.N. assembly goes on for quite a few days...it goes all the way out to the 23rd and then a final day on the 26th. Iraq is going to showcase themselves this next Friday.
9-20-2023 Newshound Guru Pimpy Article: "It seems clear and practical...The New York Times: Al:-Sudani won the support of the Iraqis" If you ask me it's still out there on the limb. There has been protest people are not talking about...but I will admit he definitely seems to be getting things on track for Iraq...
9-20-2023 Intel Guru MarkZ [via PDK] ...an article dropped today...is screaming “Shades of the Kuwait RV”...this article is just like ones we saw coming out of Kuwait...“Iraq PM’s visit to the US coincides with dollar exchange rate crisis” They are talking about external factors and the progress they have made. They are talking about the exchange rate is unstable…Similar articles dropped in Kuwait before their RV. The rate is only unstable right now because they havn’t released the new rate yet.
9-20-2023 Intel Guru Frank26 Question: "HCL was given to the Iraqi citizens?" No. Nothing is given to the Iraqi citizens until you get the new exchange rate. It's that simple.
9-20-2023 Newshound Guru Samson Article: "Iraqi PM Al Sudani to meet Biden at White House soon, says Blinken Washington worried over the influence of Shiite militias and wants Iraq to introduce reforms"
9-20-2023 Newshound Guru Clare Article "Al-Awadi: Al-Sudani’s meeting with Biden will deepen understanding between Baghdad and Washington" Quote "The Iraqi government spokesman, Bassem Al-Awadi, confirmed...US President Joe Biden’s invitation to Prime Minister Muhammad Shiaa Al-Sudani to visit Washington confirms the independence of the Prime Minister’s approach to domestic and foreign policies and the high international appreciation he enjoys...the upcoming meeting...will culminate in a policy of respecting mutual interests and deepening mutual understanding."
9-20-2023 Intel Guru MarkZ [via PDK] Question: When does Sudani return to Iraq? MarkZ Answer: Most of my DC and New York sources say he should be in private meetings all week and then head home late this week or over the weekend. But, we do not know for sure.
9-20-2023 Intel Guru yada ...it is all done...They are too the point they have to release the rate to go further. All the contracts with other countries are set to go, corporations are set to come into the country and only with a released rate.
9-20-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-20-2023 Intel Guru Frank26 The see-saw just teeters and totters. The ocean waves just ebb and flow, nothing ever changes but everything will dramatically change the moment you have the new exchange rate that Sudandi and Alaq have told the Iraqi citizens very clearly it's coming...
9-20-2023 Guru Nader From The Mid East I'm sure you saw Sudani invited by Biden. That's a good thing. I'm sure you saw the Iraqi government reduced his bonds with the United States $400 million. That's great news. The most important thing when Sudani said he's gonna reduce the corruption big-time...You know what that mean? I'll let you guess...We working, working, working. I'm happy about that. What's happening today and Iraq and in the world I'm happy about it...
9-20-2023 Newshound Guru Kaperoni Iraq is having a very difficult time managing the market rate from the official rate of the CBI. It is over 20% at this time. At almost 1,600 dinars to one US dollar. Way out of IMF compliance.
9-20-2023 Intel Guru Bruce [via WiserNow] ...Prime Minister Al-Sudani is telling us the RV that we're looking for...is to happen this week...He's talking about putting out the new rate which would be an international rate, not our rate that we're gonna get, but an international rate of the new Iraqi dinar in the printed version of the gazette on Wednesday [today]...So between 8am in the morning and 8pm tomorrow [Wednesday] it is supposed to be our pay day. It is supposed to be the day that we get started with our exchanges... [Post 2 of 2]
9-20-2023 Intel Guru Bruce [via WiserNow] ...We got a visit from Prime Minister Sudani from Iraq. He met with President Trump and a few others, in an undisclosed location that I know where it is. And I think it was just going over last minute stuff. But he flew back, prime minister Sudani flew back to Iraq ...and is going to bring out news of the revaluation of the Iraqi dinar to his people tomorrow [Wednesday]. He said...this week...will be a miracle week...He said not only for the country of Iraq, but for the entire world. [post 1 of 2....stay tuned]
9-20-2023 Intel Guru Angel1 I am zero concerned about HCL. Yesterday I do believe the Kurd's issues were resolved officially...We see some very strong rumblings that HCL is done. We have seen a few articles on it...we are having translated for us...On Friday it was announced on the radio that it was going to be resolved on Sunday and activated...
9-20-2023 Newshound Guru Militia Man This U.N. assembly goes on for quite a few days...it goes all the way out to the 23rd and then a final day on the 26th. Iraq is going to showcase themselves this next Friday.
9-20-2023 Newshound Guru Pimpy Article: "It seems clear and practical...The New York Times: Al:-Sudani won the support of the Iraqis" If you ask me it's still out there on the limb. There has been protest people are not talking about...but I will admit he definitely seems to be getting things on track for Iraq...
9-20-2023 Intel Guru MarkZ [via PDK] ...an article dropped today...is screaming “Shades of the Kuwait RV”...this article is just like ones we saw coming out of Kuwait...“Iraq PM’s visit to the US coincides with dollar exchange rate crisis” They are talking about external factors and the progress they have made. They are talking about the exchange rate is unstable…Similar articles dropped in Kuwait before their RV. The rate is only unstable right now because they havn’t released the new rate yet.
9-20-2023 Intel Guru Frank26 Question: "HCL was given to the Iraqi citizens?" No. Nothing is given to the Iraqi citizens until you get the new exchange rate. It's that simple.
9-20-2023 Newshound Guru Samson Article: "Iraqi PM Al Sudani to meet Biden at White House soon, says Blinken Washington worried over the influence of Shiite militias and wants Iraq to introduce reforms"
9-20-2023 Newshound Guru Clare Article "Al-Awadi: Al-Sudani’s meeting with Biden will deepen understanding between Baghdad and Washington" Quote "The Iraqi government spokesman, Bassem Al-Awadi, confirmed...US President Joe Biden’s invitation to Prime Minister Muhammad Shiaa Al-Sudani to visit Washington confirms the independence of the Prime Minister’s approach to domestic and foreign policies and the high international appreciation he enjoys...the upcoming meeting...will culminate in a policy of respecting mutual interests and deepening mutual understanding."
9-20-2023 Intel Guru MarkZ [via PDK] Question: When does Sudani return to Iraq? MarkZ Answer: Most of my DC and New York sources say he should be in private meetings all week and then head home late this week or over the weekend. But, we do not know for sure.
9-20-2023 Intel Guru yada ...it is all done...They are too the point they have to release the rate to go further. All the contracts with other countries are set to go, corporations are set to come into the country and only with a released rate.
9-19-2023 Intel Guru Angel1 Intel is hot right now. There were some dotting in the I's and crossing the T's that Sudani needed to do before he came to New York for the United Nations session. The New York Times has already put out a beautiful article praising him.
9-19-2023 Intel Guru MarkZ [via PDK] As to what I expect on timing…From everything I am hearing - I think the window opens tomorrow. It certainly looks great right now. So somewhere between tomorrow and Oct. 8th…But I think it will be sooner rather than later.
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9-19-2023 Intel Guru Frank26 This relationship with Iran is what I have been looking for. You should have been looking for it too. I told you we need the floor of the CBI to be so clean that you can eat off of it. You can cook on it because as far as I'm concerned and my strong opinion the RI is here and it is coming to be introduced to the citizens of Iraq...
9-19-2023 Newshound/Intel Guru Walkingstick All levels, executive levels, employee levels, everybody associated with banks is meeting with the CBI and they're being given instructions on how to send the Iraqi dinar outside of the country. They were already trained on the ATMs and how to teach the lower denoms to the citizens of Iraq. They are now being taught the final stage, the international float...
9-19-2023 Intel Guru MarkZ [via PDK] Walkingstick is right...[Reference Guru Walkingstick post 9-18-2023]…having conversations with people in Iraq, people in government sectors there…in finance and oil sectors…the contractors...saying it’s a deafening roar right now is an understatement.
9-19-2023 Guru Nader From The Mid East Sudani meets with the Treasury again today. Last week they met in Iraq. This week they met over here. He gave his speech already, small one. He's gonna give another speech on Wednesday or Friday I think.
9-19-2023 Intel Guru Angel1 Sudani has been in New York...We were told Sudani was scheduled to speak on Friday - Sudani has already spoke...Last week Sudani had a special meeting that was broadcast across the nation, 1 hour and 24 minutes. He went off on security, stability, exchange rate, water, wheat, deals, about how incredibly well Iraq was doing. Today in a speech we see a mirror image of that...in New York on an international stage...He has let the world leaders know exactly where Iraq is and that they are open for business and they are coming.
9-19-2023 Intel Guru MarkZ [via PDK] He [Sudani] did address the UN and he has more meetings. A big week is already underway. He has meetings with the State Dept and with the Asst. Secretary of the Treasury today...To me they are setting the stage. Sudani is telling everyone that Iraq is in compliance and that they are done before they pull that trigger for the world stage on the currency change. That is my opinion and the opinions of many others I have been talking too high up in this process. They are stage setting and expect Sudani to let the cat out of the bag while at the UN…
I hope that is accurate.
9-19-2023 Newshound Guru Clare Article: "It seemed clear and practical... The New York Times: Al-Sudani won the support of the Iraqis" Quote: "The American newspaper The New York Times said on Monday that Iraqi Prime Minister Muhammad Shia al-Sudani has won the support of the Iraqis and is seeking to address Iraq's many problems."
9-19-2023 Newshound Guru Henig Article: "Sudanese arrives in New York" Quote: "Prime Minister, Mohamed Shia Sudani, arrived on Monday in New York to participate in the meetings of the United Nations General Assembly."
9-19-2023 Intel Guru Frank26 Sudani is going to the United Nations. What's that? The world! Has the Prime Minister of Iraq ever been in front of the United Nations that you can remember? ...He's going with great pride...joy, to tell the world something. You think he's going to tell the world, 'Hey, we're staying with a program rate? Hey, we want to remain a third world country? Hey, we want Iran to continue to abuse us...?' He's going to tell the world what you and I know about the monetary and economic reform of Iraq...
9-19-2023 Intel Guru MarkZ [via PDK] Question: ...Does the passage of the HCL mean we will have a new rate? MarkZ answer: I was always told HCL before the rate change.
9-19-2023 Newshound/Intel Guru Mnt Goat ...the dinar, when reinstated, will NOT come out at the low program rate and then float slowly to something we want to see to exchange. Instead, it will be placed back on FOREX and by the time you hear about it, it may very well already be over $4. Remember at some point the IMF will cap it out and let it settle down. I heard this could be at about $9...
9-19-2023 Intel Guru MarkZ [via PDK] As to what I expect on timing…From everything I am hearing - I think the window opens tomorrow. It certainly looks great right now. So somewhere between tomorrow and Oct. 8th…But I think it will be sooner rather than later.
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9-19-2023 Intel Guru Frank26 This relationship with Iran is what I have been looking for. You should have been looking for it too. I told you we need the floor of the CBI to be so clean that you can eat off of it. You can cook on it because as far as I'm concerned and my strong opinion the RI is here and it is coming to be introduced to the citizens of Iraq...
9-19-2023 Newshound/Intel Guru Walkingstick All levels, executive levels, employee levels, everybody associated with banks is meeting with the CBI and they're being given instructions on how to send the Iraqi dinar outside of the country. They were already trained on the ATMs and how to teach the lower denoms to the citizens of Iraq. They are now being taught the final stage, the international float...
9-19-2023 Intel Guru MarkZ [via PDK] Walkingstick is right...[Reference Guru Walkingstick post 9-18-2023]…having conversations with people in Iraq, people in government sectors there…in finance and oil sectors…the contractors...saying it’s a deafening roar right now is an understatement.
9-19-2023 Guru Nader From The Mid East Sudani meets with the Treasury again today. Last week they met in Iraq. This week they met over here. He gave his speech already, small one. He's gonna give another speech on Wednesday or Friday I think.
9-19-2023 Intel Guru Angel1 Sudani has been in New York...We were told Sudani was scheduled to speak on Friday - Sudani has already spoke...Last week Sudani had a special meeting that was broadcast across the nation, 1 hour and 24 minutes. He went off on security, stability, exchange rate, water, wheat, deals, about how incredibly well Iraq was doing. Today in a speech we see a mirror image of that...in New York on an international stage...He has let the world leaders know exactly where Iraq is and that they are open for business and they are coming.
9-19-2023 Intel Guru MarkZ [via PDK] He [Sudani] did address the UN and he has more meetings. A big week is already underway. He has meetings with the State Dept and with the Asst. Secretary of the Treasury today...To me they are setting the stage. Sudani is telling everyone that Iraq is in compliance and that they are done before they pull that trigger for the world stage on the currency change. That is my opinion and the opinions of many others I have been talking too high up in this process. They are stage setting and expect Sudani to let the cat out of the bag while at the UN…
I hope that is accurate.
9-19-2023 Newshound Guru Clare Article: "It seemed clear and practical... The New York Times: Al-Sudani won the support of the Iraqis" Quote: "The American newspaper The New York Times said on Monday that Iraqi Prime Minister Muhammad Shia al-Sudani has won the support of the Iraqis and is seeking to address Iraq's many problems."
9-19-2023 Newshound Guru Henig Article: "Sudanese arrives in New York" Quote: "Prime Minister, Mohamed Shia Sudani, arrived on Monday in New York to participate in the meetings of the United Nations General Assembly."
9-19-2023 Intel Guru Frank26 Sudani is going to the United Nations. What's that? The world! Has the Prime Minister of Iraq ever been in front of the United Nations that you can remember? ...He's going with great pride...joy, to tell the world something. You think he's going to tell the world, 'Hey, we're staying with a program rate? Hey, we want to remain a third world country? Hey, we want Iran to continue to abuse us...?' He's going to tell the world what you and I know about the monetary and economic reform of Iraq...
9-19-2023 Intel Guru MarkZ [via PDK] Question: ...Does the passage of the HCL mean we will have a new rate? MarkZ answer: I was always told HCL before the rate change.
9-19-2023 Newshound/Intel Guru Mnt Goat ...the dinar, when reinstated, will NOT come out at the low program rate and then float slowly to something we want to see to exchange. Instead, it will be placed back on FOREX and by the time you hear about it, it may very well already be over $4. Remember at some point the IMF will cap it out and let it settle down. I heard this could be at about $9...
9-18-2023 Intel Guru Frank26 Sudani and Alaq have run out of time...now they have no other choice but to press the green button and go International. IMO that's exactly what they're doing.
9-18-23 Rich People Love Opportunity & Free Stuff - 61% of adults are living paycheck to paycheck. It's a tough, overwhelming situation no one should have to endure. People are starving for relief, and today, you have a chance to be part of something extraordinary - a game-changing product that doubles people's purchasing power without them changing a thing they already do...No cutting back. No penny pinching. No compromises. 3-minute video. Click here to learn more >>
9-18-2023 Intel Guru MarkZ [via PDK] Question: Mark...do you think we will be notified to make our exchange appointments before Sudani takes the stage at the UN? MarkZ Answer: What I am hearing is it may happen about the same time. At least this is the chatter from the Iraq side. Sudani is in the states and will be addressing the UN this week…It’s not a secret. Question: So this could go by the 21st??? MarkZ Answer: It absolutely could go by then...we are sure close.
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9-18-2023 Newshound Guru Militia Man Al Sudani going to New York for a week to cut deals? Maybe. We'll see how that turns out...
9-18-2023 Newshound/Intel Guru Walkingstick The monetary reform is very loud right now. It's extremely loud right now. The decibel level is at a hurting point...
9-18-2023 Intel Guru MarkZ [via PDK] Question: What do you think the RV rate for the dinar will be? MarkZ Answer: I believe it will be between $4 and $6 dollars… just my opinion.
9-18-2023 Newshound Guru Pimpy [US Treasury Secretary Elizabeth Rosenberg in Iraq last week] She is an expert in banking...Her job is to do an analysis on the bank and what is she looking for? ...Security...She's there to check on the reforms that have been implemented and what is left for Iraq. Nothing to do with investing...Somebody's gonna hear that she came to Iraq and...make it bigger than it is and somehow tie it back to the exchange rate change of the Iraqi dinar...She's not there to talk about the exchange rate. All she is doing is making sure the programs that were supposed to be implemented are implemented...
9-18-2023 Guru Nader From The Mid East A couple article come out today about the HCL has been approved and has been activated today. By next month all the Iraqi citizens should see some money in their banks and that's a good thing...We should see something soon.
9-18-2023 Intel Guru MarkZ [via PDK] ...A lot happened over the weekend. A huge amount was accomplished on the HCL in the Kurdish region…and budget agreements. This tremendous HCL progress is definitely the talk on the streets over there. It’s the execution of the HCL we are waiting on. I have been told over the last 15-20 years that when we see HCL (hydrocarbon law) finished and executed we would be days from the rate change…so I am super excited about the progress over the weekend and it certainly lines up with what my sources are saying...So for me, this means anything after Wed this week is fair game.
9-18-2023 Intel Guru Frank26 Hey, Alaq, how clean is the CBI floor? 'It's dinner time.' ...I never thought I'd see the CBI floor so clean. Iran, Iraq, U.S. Treasury meeting with the CBI? Why would you let the wolf back in the chicken coop? ...Iran said we promise [to be good]. Whoa! How clean is that floor at the CBI Alaq? 'Spotless'
9-18-2023 Newshound Guru Militia Man Everything we've been seeing...is showing Iraq is going to have a big week. Al Sudani is set to arrive in New York on the 18th. I would imagine there's going to be sideline deals. If you look at the lineup from the U.N...Iraq is slated [to speak] on Friday the 22nd...Iraq is coming out to the world and we're going to be a part of it. I'm really excited to see it...
9-18-2023 Newshound/Intel Guru RVAlready We are in a great place. Iraq needs the RV. All the trade and business agreements have been signed. The US needs the RV too. Time to push the button...I think everything needed or wanted before the RV is done. Now, we just wait.
9-18-2023 Newshound Guru Clare Article: "Al-Sudani and Fouad Hussein alongside world leaders in New York" Quote: "The Iraqi delegation will participate in the meetings of the United Nations General Assembly, headed by Prime Minister Muhammad Shiaa al-Sudani and Foreign Minister Fuad Hussein, and they will meet there with many world leaders, according to Foreign Ministry spokesman Ahmed al-Sahhaf."
9-18-2023 Intel Guru MarkZ [via PDK] Question: Fact or fiction…some dinar sellers are being told they can no longer sell? MarkZ answer: Fact. Some of the smaller dealers have had their supply and purchasing limited as to what they can buy at all…yes…I have talked to a couple of smaller dealers that have had their access cut off so they can no longer get it. They can no longer get dinar. So, is this important or is this the US stopping dinar from getting outside and flowing to Iran?
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9-18-2023 Intel Guru MarkZ [via PDK] Question: Mark...do you think we will be notified to make our exchange appointments before Sudani takes the stage at the UN? MarkZ Answer: What I am hearing is it may happen about the same time. At least this is the chatter from the Iraq side. Sudani is in the states and will be addressing the UN this week…It’s not a secret. Question: So this could go by the 21st??? MarkZ Answer: It absolutely could go by then...we are sure close.
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9-18-2023 Newshound Guru Militia Man Al Sudani going to New York for a week to cut deals? Maybe. We'll see how that turns out...
9-18-2023 Newshound/Intel Guru Walkingstick The monetary reform is very loud right now. It's extremely loud right now. The decibel level is at a hurting point...
9-18-2023 Intel Guru MarkZ [via PDK] Question: What do you think the RV rate for the dinar will be? MarkZ Answer: I believe it will be between $4 and $6 dollars… just my opinion.
9-18-2023 Newshound Guru Pimpy [US Treasury Secretary Elizabeth Rosenberg in Iraq last week] She is an expert in banking...Her job is to do an analysis on the bank and what is she looking for? ...Security...She's there to check on the reforms that have been implemented and what is left for Iraq. Nothing to do with investing...Somebody's gonna hear that she came to Iraq and...make it bigger than it is and somehow tie it back to the exchange rate change of the Iraqi dinar...She's not there to talk about the exchange rate. All she is doing is making sure the programs that were supposed to be implemented are implemented...
9-18-2023 Guru Nader From The Mid East A couple article come out today about the HCL has been approved and has been activated today. By next month all the Iraqi citizens should see some money in their banks and that's a good thing...We should see something soon.
9-18-2023 Intel Guru MarkZ [via PDK] ...A lot happened over the weekend. A huge amount was accomplished on the HCL in the Kurdish region…and budget agreements. This tremendous HCL progress is definitely the talk on the streets over there. It’s the execution of the HCL we are waiting on. I have been told over the last 15-20 years that when we see HCL (hydrocarbon law) finished and executed we would be days from the rate change…so I am super excited about the progress over the weekend and it certainly lines up with what my sources are saying...So for me, this means anything after Wed this week is fair game.
9-18-2023 Intel Guru Frank26 Hey, Alaq, how clean is the CBI floor? 'It's dinner time.' ...I never thought I'd see the CBI floor so clean. Iran, Iraq, U.S. Treasury meeting with the CBI? Why would you let the wolf back in the chicken coop? ...Iran said we promise [to be good]. Whoa! How clean is that floor at the CBI Alaq? 'Spotless'
9-18-2023 Newshound Guru Militia Man Everything we've been seeing...is showing Iraq is going to have a big week. Al Sudani is set to arrive in New York on the 18th. I would imagine there's going to be sideline deals. If you look at the lineup from the U.N...Iraq is slated [to speak] on Friday the 22nd...Iraq is coming out to the world and we're going to be a part of it. I'm really excited to see it...
9-18-2023 Newshound/Intel Guru RVAlready We are in a great place. Iraq needs the RV. All the trade and business agreements have been signed. The US needs the RV too. Time to push the button...I think everything needed or wanted before the RV is done. Now, we just wait.
9-18-2023 Newshound Guru Clare Article: "Al-Sudani and Fouad Hussein alongside world leaders in New York" Quote: "The Iraqi delegation will participate in the meetings of the United Nations General Assembly, headed by Prime Minister Muhammad Shiaa al-Sudani and Foreign Minister Fuad Hussein, and they will meet there with many world leaders, according to Foreign Ministry spokesman Ahmed al-Sahhaf."
9-18-2023 Intel Guru MarkZ [via PDK] Question: Fact or fiction…some dinar sellers are being told they can no longer sell? MarkZ answer: Fact. Some of the smaller dealers have had their supply and purchasing limited as to what they can buy at all…yes…I have talked to a couple of smaller dealers that have had their access cut off so they can no longer get it. They can no longer get dinar. So, is this important or is this the US stopping dinar from getting outside and flowing to Iran?
9-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said he's not worried about the parallel black market. They have a mechanism which is about to be implemented that will down the dollar and make the dinar strongest. FRANK: WHAT!?!...Good God almighty...Holy guacamole!
9-17-2023 Newshound Guru Kaperoni Iraq can talk about the WTO all the time and they can get excited about joining, but it's all hype until Iraq it creates the conditions for them to be a full member. Currently, they are still 90% dependent on oil exports.
9-17-2023 Intel Guru Bruce [via WiserNow] ...information is coming in...
most likely we'll see something...on Monday...Now, it could be notifications ...it could be the start of exchanges...
9-17-2023 Newshound Guru Sandy Ingram Good news, Iraq and the US hold financial reform discussions in Baghdad. This little meeting not reported in the mainstream news tells us the US may be ready to help Iraq move towards significant growth in its currency. At least we hope that's what this meeting is pointing to.
9-17-2023 Newshound Guru Militia Man Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "The United Nations General Assembly meeting scheduled to be held on Monday, September 18, 2023" There is obvious motivation for him to move up his schedule up from the 20th to the 18th...Is there more to the story than meets the eye? ...He would have to be awfully motivated to move things along so quickly now. The UST apparently wrapped it up in Baghdad this week and from the successes of those meetings that were on going, they may have allowed for the urgency of him to arrive in the USA. I like it.
9-17-2023 Intel Guru Frank26 [CBI put out a RFP-Request for Proposal tender] SHANGDODDLE: It appears to be the government of Iraq is seeking contractor bids for the purchase of machines used to count, sort and packet currency. IMO that would be for the new currency in the lower denominations in the new small category notes... FRANK: This is fantastic. Then an article comes out and says, "This tender will be accomplished by October 22, 2023". October 22nd is simply the time limit parameters of this tender...You think it's going to take until October the 22nd? No.
9-17-2023 Intel Guru Angel1 There is one more requirement the WTO is asking from Iraq and that is to change their exchange rate. That is what the WTO is waiting for.
9-17-2023 Intel Guru RayRen98 [via Sweetpeas7] ...THE CLOCK IS TICKING ...I'M FIXED ON A SET TIME FOR TODAY...
9-17-2023 Newshound Guru Clare Article: "Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines" Quote: "The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil."
9-17-2023 Intel Guru MarkZ [via PDK] Member Comment: I am hearing Tuesday is our day. MarkZ: That timing certainly fits. We are also expecting an announcement from the Iraqi officials here in the states at that same time.
9-17-2023 Newshound Guru Samson Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "Prime Minister Muhammad Shiaa Al-Sudani is scheduled to participate in the annual meeting of the United Nations General Assembly next week."
9-17-2023 Intel Guru Frank26 Why would Iran be at the CBI governor's office dealing with international issues? I think you know why. They can't steal anymore. The floor is spotless. It's dinner time. Something is about to happen.
9-17-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
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9-17-2023 Newshound Guru Kaperoni Iraq can talk about the WTO all the time and they can get excited about joining, but it's all hype until Iraq it creates the conditions for them to be a full member. Currently, they are still 90% dependent on oil exports.
9-17-2023 Intel Guru Bruce [via WiserNow] ...information is coming in...
most likely we'll see something...on Monday...Now, it could be notifications ...it could be the start of exchanges...
9-17-2023 Newshound Guru Sandy Ingram Good news, Iraq and the US hold financial reform discussions in Baghdad. This little meeting not reported in the mainstream news tells us the US may be ready to help Iraq move towards significant growth in its currency. At least we hope that's what this meeting is pointing to.
9-17-2023 Newshound Guru Militia Man Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "The United Nations General Assembly meeting scheduled to be held on Monday, September 18, 2023" There is obvious motivation for him to move up his schedule up from the 20th to the 18th...Is there more to the story than meets the eye? ...He would have to be awfully motivated to move things along so quickly now. The UST apparently wrapped it up in Baghdad this week and from the successes of those meetings that were on going, they may have allowed for the urgency of him to arrive in the USA. I like it.
9-17-2023 Intel Guru Frank26 [CBI put out a RFP-Request for Proposal tender] SHANGDODDLE: It appears to be the government of Iraq is seeking contractor bids for the purchase of machines used to count, sort and packet currency. IMO that would be for the new currency in the lower denominations in the new small category notes... FRANK: This is fantastic. Then an article comes out and says, "This tender will be accomplished by October 22, 2023". October 22nd is simply the time limit parameters of this tender...You think it's going to take until October the 22nd? No.
9-17-2023 Intel Guru Angel1 There is one more requirement the WTO is asking from Iraq and that is to change their exchange rate. That is what the WTO is waiting for.
9-17-2023 Intel Guru RayRen98 [via Sweetpeas7] ...THE CLOCK IS TICKING ...I'M FIXED ON A SET TIME FOR TODAY...
9-17-2023 Newshound Guru Clare Article: "Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines" Quote: "The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil."
9-17-2023 Intel Guru MarkZ [via PDK] Member Comment: I am hearing Tuesday is our day. MarkZ: That timing certainly fits. We are also expecting an announcement from the Iraqi officials here in the states at that same time.
9-17-2023 Newshound Guru Samson Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting" Quote: "Prime Minister Muhammad Shiaa Al-Sudani is scheduled to participate in the annual meeting of the United Nations General Assembly next week."
9-17-2023 Intel Guru Frank26 Why would Iran be at the CBI governor's office dealing with international issues? I think you know why. They can't steal anymore. The floor is spotless. It's dinner time. Something is about to happen.
9-17-2023 Double Your Purchasing Power Article “Here’s why Americans can’t stop living paycheck to paycheck” Quote “As of June, 61% of adults are living paycheck to paycheck…with little to no money left over…Almost three-quarters, 72%, of Americans say they aren’t financially secure…and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.” Now, Banking Changes Forever. Discover how to double your purchasing power without changing a thing you already do in this 3-minute video. Click here to learn more >>
9-17-2023 Get Monthly Income By Doubling Your Purchasing Power Bankers receive $440 million from card swipe fees…EVERY SINGLE DAY. As of June, 61% of American adults live paycheck to paycheck…with little to no money left over. It shouldn’t be that way. Get a share of this $440 million helping others double their purchasing power. $500 to $30,000/month +. Click here to discover how >>
9-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see Austria is back here in Iraq. They are reopening their embassy here. Their ambassador says due to the security and stability here it leads them to trust and reopen. FRANK: Hey, Sudani how clean is the floor of the CBI bro!?
9-16-2023 Intel Guru MarkZ [via PDK] Most of the news we are expecting should start tomorrow or Monday coming out of Iraq...we are expecting a lot of activity tomorrow and Monday.
9-16-2023 Newshound Guru Samson Article "Sources: Al-Sudani
will participate in the United Nations General Assembly next week"
9-16-2023 Newshound Guru Pimpy I'm really excited about the future for Iraq...I see an economical boom in the future for Iraq...It's going to be sometime around 2025 but that doesn't mean the Iraqi dinar isn't going to go up, it's just not going to happen overnight...It's going to go up in increments...
9-16-2023 Newshound Guru Militia Man Al Sudani was denied access to come to...the US because he had three things to get done. And now he is scheduled to be in the U.S. on the 20th which is Wednesday. I have a hard time thinking on the 20th he's going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate.
9-16-2023 Intel Guru Frank26 The CBI had a meeting with the United States Treasury...The CBI got their butts chewed out in front of Sudani. In less than 24 hours all the nonsense they were complaining about has been wiped out...
9-16-2023 Intel Guru Angel1 Here's why I am extremely excited and fired up. I got a very special call...and here is what I was told. The CBI has begun the rollout. The CBI's teams have been activated, assigned and started working on Wednesday. So it has begun...We'll see some education. We'll see people getting in place. It has begun...Here's how I see it going. Sunday there will be approvals made. Monday it'll be pushed through parliament and next week should be very very exciting...I would be shocked if there is not a rate change by the end of September. Shocked. Shocked. Shocked.
9-16-2023 Intel Guru MarkZ [via PDK] Well…this surprised me, but I got it from 3 different sources that they are (with hopeful anticipation) keeping a skeleton crew in call centers/ redemption centers and working on how they are going to handle appointments... I think this is good news. I think its comforting that the banking side of this is taking it seriously and has a small crew ready - just in case they pull the trigger.
9-16-2023 Newshound Guru Sandy Ingram The Iraq prime minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant of the Secretary of the Treasury Department, Elizabeth Rosenberg. The meeting addressed measures the Iraqi government took to reduce corruption. The Prim Minister indicated the government is advancing the banking sector reforms which are crucial for the economy's growth by adhering to international standards... Rosenberg applauded the Iraqi government's outstanding efforts in implementing financial and banking reforms which would support Iraq's attempts to...expand its economy.
9-16-2023 Intel Guru Frank26 You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn't make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there's security and stability in Iraq and it's all because Iran finally conceded, 'we give up'.
9-16-2023 Intel Guru MarkZ [via PDK] Question: Do we know why Iraqi delegates are coming to DC on Sun-Tues?? MarkZ answer: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
9-16-2023 Intel Guru MarkZ [via PDK] Most of the news we are expecting should start tomorrow or Monday coming out of Iraq...we are expecting a lot of activity tomorrow and Monday.
9-16-2023 Newshound Guru Samson Article "Sources: Al-Sudani
will participate in the United Nations General Assembly next week"
9-16-2023 Newshound Guru Pimpy I'm really excited about the future for Iraq...I see an economical boom in the future for Iraq...It's going to be sometime around 2025 but that doesn't mean the Iraqi dinar isn't going to go up, it's just not going to happen overnight...It's going to go up in increments...
9-16-2023 Newshound Guru Militia Man Al Sudani was denied access to come to...the US because he had three things to get done. And now he is scheduled to be in the U.S. on the 20th which is Wednesday. I have a hard time thinking on the 20th he's going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate.
9-16-2023 Intel Guru Frank26 The CBI had a meeting with the United States Treasury...The CBI got their butts chewed out in front of Sudani. In less than 24 hours all the nonsense they were complaining about has been wiped out...
9-16-2023 Intel Guru Angel1 Here's why I am extremely excited and fired up. I got a very special call...and here is what I was told. The CBI has begun the rollout. The CBI's teams have been activated, assigned and started working on Wednesday. So it has begun...We'll see some education. We'll see people getting in place. It has begun...Here's how I see it going. Sunday there will be approvals made. Monday it'll be pushed through parliament and next week should be very very exciting...I would be shocked if there is not a rate change by the end of September. Shocked. Shocked. Shocked.
9-16-2023 Intel Guru MarkZ [via PDK] Well…this surprised me, but I got it from 3 different sources that they are (with hopeful anticipation) keeping a skeleton crew in call centers/ redemption centers and working on how they are going to handle appointments... I think this is good news. I think its comforting that the banking side of this is taking it seriously and has a small crew ready - just in case they pull the trigger.
9-16-2023 Newshound Guru Sandy Ingram The Iraq prime minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant of the Secretary of the Treasury Department, Elizabeth Rosenberg. The meeting addressed measures the Iraqi government took to reduce corruption. The Prim Minister indicated the government is advancing the banking sector reforms which are crucial for the economy's growth by adhering to international standards... Rosenberg applauded the Iraqi government's outstanding efforts in implementing financial and banking reforms which would support Iraq's attempts to...expand its economy.
9-16-2023 Intel Guru Frank26 You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn't make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there's security and stability in Iraq and it's all because Iran finally conceded, 'we give up'.
9-16-2023 Intel Guru MarkZ [via PDK] Question: Do we know why Iraqi delegates are coming to DC on Sun-Tues?? MarkZ answer: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
9-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: USA Treasury was threatening us about sanctions on more banks here if not addressed on misuse of the American dollar that the US Treasury is seeing all over Iraq. I don't know what they're talking about, we can't find the dollar anywhere. FRANK: Don't let that bother you. The US Treasury is simply trying to get Sudani and the board of directors to move.
9-15-2023 Newshound Guru Militia Man We're in such a good space I can't contain the excitement because what we've seen in the last 96 hours. There's nothing but powerful information from Al-Sudani, we have the US Treasury Assistant showing up...big companies...Stellar Energy...Total...Barzani being tickled pink because they've signed agreements. We have a change of pace...
9-15-2023 Intel Guru Bruce [via WiserNow] ...a delegation from United States, a small group that included Judy Shelton, Stephen Munchin, and a couple of senators from the United States...went over to Iraq to have – I’m gonna say, effect the changes that...needed to be made...they're already home...My thinking is that they probably accomplished what it was they went over there to do...we've heard that everything's done and signed everything was signed off on...everything was signed off by our treasury - and everything was quote, unquote, good to go...The fact that they're back, I believe, is saying that Iraq is finally ready to go...Everything is ready to go is what we're getting from our key sources...
9-15-2023 Newshound Guru Pimpy Article: "First U.S. assistant Secretary of Treasury visits Baghdad" This one starts all the rumors. Everybody's like it has to be about the exchange rate. No, it's not at all...She's just going over there to make sure the applications that need to be implemented over there for banking are done properly...No where on here does it say anything about exchange rate. Just because the person comes from Treasury doesn't mean nothing... She's just coming to make sure...these banks are in lock step as far as reforms are concerned.
9-15-2023 Newshound Guru Kaperoni We believe over the next several months of JP Morgan in Iraq will be involved in Iraq's banking system to help Iraq raise their level of banking with the world and provide global banking preference.
9-15-2023 Guru Nader From The Mid East We said the exchange rate is gonna change. They made a decision...in New York. They agree to everything. Now it's a waiting game. Now the United States have the ball in their hands and who they're going to throw it and how are they going to threw it. We don't know that. We cannot control that. Now it's in the hands of the United States.
9-15-2023 Intel Guru Frank26 These are amazing times...Why would the United States Treasury and Iran be with your Central Bank governor and your prime minister talking about international contracts, international agreements. Why is this happening? Because everyone is positioning themselves for the new exchange rate when it comes out...this is phenomenal...
9-15-2023 Newshound Guru Samson Article: "Oil jumps to 10 month high Brent crosses $94"
9-15-2023 Intel Guru MarkZ [via PDK] We are painfully close…Lots of expectations for Sunday and Monday and those meetings on HCL agreements and with the US Treasury. Things are really appearing to be lining up perfectly. All eyes at this point are on the Sunday/Monday meetings in IRAQ…on HCL and they say they are addressing the exchange rate of the dinar…we will see what comes of those. . .
9-15-2023 Intel Guru Angel1 She had a special visitor. Iran showed up... Agreements were accepted and inked by Mrs Rosenberg. Those agreements are executed...Iran is no longer slowing us down. Brilliant... Wednesday...4 meetings with Rosenberg. Rosenberg also met with Sudani and GOI leaders...Budget, budget, budget... Thursday, Kurdistan region showed up. Meetings with Sudani. Here's the powerful thing. Barzani is all smiles. He is no longer concerned about salaries being paid because he believes parliament will make the necessary decisions for payments.
[Post 2 of 2]
9-15-2023 Intel Guru Angel1 Monday Sudani makes announcements through the special meeting televised throughout the country. He said a whole lot. We'll move along day by by...of what has happened since Monday, where we're at now, where we're gonna be and how close that finish line really is. Tuesday our friend US Secretary Elizabeth Rosenberg lands in Baghdad. She is an international wizard. She is brilliant...International business, that's why she was there. Why is she there now? Because everything is done except two things in country - that's your new notes and your rate. They have secured the border...Now they are focusing on international investment contracts/banking. [Post 1 of 2....stay tuned]
9-15-2023 Intel Guru Frank26 The Prime Minister of Iraq spoke to the Iraqi people for an hour and a half. You think he told them, 'Oh, Iraq is a mess...Oh man, we're never going to see any value in our currency...The monetary and economic reform are a failure...I have a nightmare about our country.'? No...That speech was very very reassuring to the Iraqi citizens that the monetary and economic reforms are here.
9-15-2023 Newshound/Intel Guru Mnt Goat ...I believe that the U.S. is slowly realizing, as Iraq has already done years ago, that the Barrack Obama plan for the economic reforms in Iraq is not going to work without first the liberalization of the dinar. So...I called my CBI contact to get an update on the situation in Iraq...I was told was some very good news. This news stems around the new assignment just given to my contact on a team, recently put together that is responsible for supervising the rollout of the newer lower denominations and the redenomination process...it is telling me the implementation of the project to delete the zeros is so VERY CLOSE at hand...I was told it will be moving forward in the coming days not months.
9-15-2023 Newshound Guru Militia Man [via PDK] ...on Tuesday – The US assistant secretary of the Treasury showed up to Iraq... other folks from the US were there- on the business side. So businesses showed up and other countries showed up...We are talking about International trade. Iran, Iraq, France, The US and many others...The US Secretary of the Treasury has the power to make certain things happen…and I think the US is now allowing the facilitation of Iraq joining the international financial system. And they say the Us now supports the tripartite budget for 2023, 24 and 25...And letting Iraq and Iran trade outside of using the US dollar is huge. There are deals with UAE, France, Japan, China and many more. This really is huge...These international contracts and international financial systems …well, we have never seen this before...I think we are in a phenomenal timeframe...
9-15-2023 Newshound Guru Militia Man We're in such a good space I can't contain the excitement because what we've seen in the last 96 hours. There's nothing but powerful information from Al-Sudani, we have the US Treasury Assistant showing up...big companies...Stellar Energy...Total...Barzani being tickled pink because they've signed agreements. We have a change of pace...
9-15-2023 Intel Guru Bruce [via WiserNow] ...a delegation from United States, a small group that included Judy Shelton, Stephen Munchin, and a couple of senators from the United States...went over to Iraq to have – I’m gonna say, effect the changes that...needed to be made...they're already home...My thinking is that they probably accomplished what it was they went over there to do...we've heard that everything's done and signed everything was signed off on...everything was signed off by our treasury - and everything was quote, unquote, good to go...The fact that they're back, I believe, is saying that Iraq is finally ready to go...Everything is ready to go is what we're getting from our key sources...
9-15-2023 Newshound Guru Pimpy Article: "First U.S. assistant Secretary of Treasury visits Baghdad" This one starts all the rumors. Everybody's like it has to be about the exchange rate. No, it's not at all...She's just going over there to make sure the applications that need to be implemented over there for banking are done properly...No where on here does it say anything about exchange rate. Just because the person comes from Treasury doesn't mean nothing... She's just coming to make sure...these banks are in lock step as far as reforms are concerned.
9-15-2023 Newshound Guru Kaperoni We believe over the next several months of JP Morgan in Iraq will be involved in Iraq's banking system to help Iraq raise their level of banking with the world and provide global banking preference.
9-15-2023 Guru Nader From The Mid East We said the exchange rate is gonna change. They made a decision...in New York. They agree to everything. Now it's a waiting game. Now the United States have the ball in their hands and who they're going to throw it and how are they going to threw it. We don't know that. We cannot control that. Now it's in the hands of the United States.
9-15-2023 Intel Guru Frank26 These are amazing times...Why would the United States Treasury and Iran be with your Central Bank governor and your prime minister talking about international contracts, international agreements. Why is this happening? Because everyone is positioning themselves for the new exchange rate when it comes out...this is phenomenal...
9-15-2023 Newshound Guru Samson Article: "Oil jumps to 10 month high Brent crosses $94"
9-15-2023 Intel Guru MarkZ [via PDK] We are painfully close…Lots of expectations for Sunday and Monday and those meetings on HCL agreements and with the US Treasury. Things are really appearing to be lining up perfectly. All eyes at this point are on the Sunday/Monday meetings in IRAQ…on HCL and they say they are addressing the exchange rate of the dinar…we will see what comes of those. . .
9-15-2023 Intel Guru Angel1 She had a special visitor. Iran showed up... Agreements were accepted and inked by Mrs Rosenberg. Those agreements are executed...Iran is no longer slowing us down. Brilliant... Wednesday...4 meetings with Rosenberg. Rosenberg also met with Sudani and GOI leaders...Budget, budget, budget... Thursday, Kurdistan region showed up. Meetings with Sudani. Here's the powerful thing. Barzani is all smiles. He is no longer concerned about salaries being paid because he believes parliament will make the necessary decisions for payments.
[Post 2 of 2]
9-15-2023 Intel Guru Angel1 Monday Sudani makes announcements through the special meeting televised throughout the country. He said a whole lot. We'll move along day by by...of what has happened since Monday, where we're at now, where we're gonna be and how close that finish line really is. Tuesday our friend US Secretary Elizabeth Rosenberg lands in Baghdad. She is an international wizard. She is brilliant...International business, that's why she was there. Why is she there now? Because everything is done except two things in country - that's your new notes and your rate. They have secured the border...Now they are focusing on international investment contracts/banking. [Post 1 of 2....stay tuned]
9-15-2023 Intel Guru Frank26 The Prime Minister of Iraq spoke to the Iraqi people for an hour and a half. You think he told them, 'Oh, Iraq is a mess...Oh man, we're never going to see any value in our currency...The monetary and economic reform are a failure...I have a nightmare about our country.'? No...That speech was very very reassuring to the Iraqi citizens that the monetary and economic reforms are here.
9-15-2023 Newshound/Intel Guru Mnt Goat ...I believe that the U.S. is slowly realizing, as Iraq has already done years ago, that the Barrack Obama plan for the economic reforms in Iraq is not going to work without first the liberalization of the dinar. So...I called my CBI contact to get an update on the situation in Iraq...I was told was some very good news. This news stems around the new assignment just given to my contact on a team, recently put together that is responsible for supervising the rollout of the newer lower denominations and the redenomination process...it is telling me the implementation of the project to delete the zeros is so VERY CLOSE at hand...I was told it will be moving forward in the coming days not months.
9-15-2023 Newshound Guru Militia Man [via PDK] ...on Tuesday – The US assistant secretary of the Treasury showed up to Iraq... other folks from the US were there- on the business side. So businesses showed up and other countries showed up...We are talking about International trade. Iran, Iraq, France, The US and many others...The US Secretary of the Treasury has the power to make certain things happen…and I think the US is now allowing the facilitation of Iraq joining the international financial system. And they say the Us now supports the tripartite budget for 2023, 24 and 25...And letting Iraq and Iran trade outside of using the US dollar is huge. There are deals with UAE, France, Japan, China and many more. This really is huge...These international contracts and international financial systems …well, we have never seen this before...I think we are in a phenomenal timeframe...
9-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran and the CBI also here meeting with the CBI and the U.S. Treasury...they talked about Iran and Iraq have a mechanism in place now to transfer funds in trading. FRANK: That's the float...
9-14-2023 Intel Guru MarkZ [via PDK] Question: Do you think it will RV before the 20th. MarkZ Answer: My gut says around the 20th…but sources say they believe it will be sooner. Getting all positive news – nothing negative. Comment: We are fixin to be blessed. MarkZ: I agree with you. Sudani said he was going to address the exchange rate and the strength of the dinar. He is telling us…now we just need to see it happen.
9-14-2023 Newshound Guru Pimpy Article: "Washington appreciates the efforts and steps of the Central Bank of Iraq to contract with international audit companies" This discussion has been going on for some time, sure we lose our purchasing power. Yes, it sucks for the American citizens but the fact that Trump said we should be on a level playing field as far as currencies are concerned, now you have the Biden Administration over there talking to them about allowing the Euro, Yuan and the Durham to be used for trade. I find that very very interesting...Are they trying to make an equal playing field for everybody?
9-14-2023 Newshound Guru Sandy Ingram The Turkish currency has steadily increased abasing the U.S. dollar since March 2023. If Iraq's currency were to match the Turkish Lira many of us would be looking at $40,000 in profits (with 1 million dinar) even without a so-called revalue. In a matter of months you can realize thousands of dollars in profits when dealing with exotic currencies. It is taking Iraq longer than usual but they have had so many more issues than many countries.
9-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: U.S. Assistant to the Secretary of Treasury is in Iraq and she's meeting with the CBI banking official. FRANK: Iran has a meeting with the CBI [too]! FIREFLY: Sudani when he we was done he left us with these final words. A spokesman came out for Sudani on the news saying Iraq will achieve its dreams.
9-14-2023 Intel Guru Angel1 What we have been hoping for all these years is upon us. It really is...Why now...Sudani all of a sudden having special televised meeting talking about security? Why stability? The bottom line is this. Iraq is ready. The environment is ready.
9-14-2023 Intel Guru MarkZ [via PDK] “US Treasury discusses with CBI foreign trade in three currencies other than the dollar” This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things...They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect…I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. ...I am hearing out of Iraq…That they are finalizing that rate change...I still believe everything is in place and they just need to flip a switch.
9-14-2023 Newshound Guru Militia Man Once they go international they're going to have to have an international exchange rate to value assets. Those assets are going to have to be competitive in the marketplace. I think Al-Sudani's speech...the U.S. Treasury showing back up today, the Central Banks of Iran and Iraq are a key focus and everybody should be really excited about it. Let's see what happens in the next couple days. Obviously they're going to tell us more about this whole process because it's going to be a public deal...
9-14-2023 Guru Nader From The Mid East The Secretary of Treasury of the United States just landed in Iraq to meet with the CBI and the government and the auctions have been changed for good. This is major. You know what happened on the auction changed usually the dinar goes up. So get ready. Good luck!
9-14-2023 Intel Guru RayRen98 [via Babysmom] "THREE LETTER AGENCY REPORTING THAT NUMBERS ARE FORTHCOMING AND TO START LOOKING FOR THEM ANY TIME NOW! TIME WILL TELL"
9-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Everyone all over Iraq is talking about Sudani's speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability. FRANK: Sudani, how clean is the CBI floor? 'Spotless Frank!' FIREFLY: He talked how so many countries all around the world are investing here...he has many contracts and he can't even reveal them yet... FRANK: He's waiting for the new exchange rate!
9-14-2023 Intel Guru MarkZ [via PDK] Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled.
9-14-2023 Intel Guru MarkZ [via PDK] Question: Do you think it will RV before the 20th. MarkZ Answer: My gut says around the 20th…but sources say they believe it will be sooner. Getting all positive news – nothing negative. Comment: We are fixin to be blessed. MarkZ: I agree with you. Sudani said he was going to address the exchange rate and the strength of the dinar. He is telling us…now we just need to see it happen.
9-14-2023 Newshound Guru Pimpy Article: "Washington appreciates the efforts and steps of the Central Bank of Iraq to contract with international audit companies" This discussion has been going on for some time, sure we lose our purchasing power. Yes, it sucks for the American citizens but the fact that Trump said we should be on a level playing field as far as currencies are concerned, now you have the Biden Administration over there talking to them about allowing the Euro, Yuan and the Durham to be used for trade. I find that very very interesting...Are they trying to make an equal playing field for everybody?
9-14-2023 Newshound Guru Sandy Ingram The Turkish currency has steadily increased abasing the U.S. dollar since March 2023. If Iraq's currency were to match the Turkish Lira many of us would be looking at $40,000 in profits (with 1 million dinar) even without a so-called revalue. In a matter of months you can realize thousands of dollars in profits when dealing with exotic currencies. It is taking Iraq longer than usual but they have had so many more issues than many countries.
9-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: U.S. Assistant to the Secretary of Treasury is in Iraq and she's meeting with the CBI banking official. FRANK: Iran has a meeting with the CBI [too]! FIREFLY: Sudani when he we was done he left us with these final words. A spokesman came out for Sudani on the news saying Iraq will achieve its dreams.
9-14-2023 Intel Guru Angel1 What we have been hoping for all these years is upon us. It really is...Why now...Sudani all of a sudden having special televised meeting talking about security? Why stability? The bottom line is this. Iraq is ready. The environment is ready.
9-14-2023 Intel Guru MarkZ [via PDK] “US Treasury discusses with CBI foreign trade in three currencies other than the dollar” This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things...They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect…I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. ...I am hearing out of Iraq…That they are finalizing that rate change...I still believe everything is in place and they just need to flip a switch.
9-14-2023 Newshound Guru Militia Man Once they go international they're going to have to have an international exchange rate to value assets. Those assets are going to have to be competitive in the marketplace. I think Al-Sudani's speech...the U.S. Treasury showing back up today, the Central Banks of Iran and Iraq are a key focus and everybody should be really excited about it. Let's see what happens in the next couple days. Obviously they're going to tell us more about this whole process because it's going to be a public deal...
9-14-2023 Guru Nader From The Mid East The Secretary of Treasury of the United States just landed in Iraq to meet with the CBI and the government and the auctions have been changed for good. This is major. You know what happened on the auction changed usually the dinar goes up. So get ready. Good luck!
9-14-2023 Intel Guru RayRen98 [via Babysmom] "THREE LETTER AGENCY REPORTING THAT NUMBERS ARE FORTHCOMING AND TO START LOOKING FOR THEM ANY TIME NOW! TIME WILL TELL"
9-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Everyone all over Iraq is talking about Sudani's speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability. FRANK: Sudani, how clean is the CBI floor? 'Spotless Frank!' FIREFLY: He talked how so many countries all around the world are investing here...he has many contracts and he can't even reveal them yet... FRANK: He's waiting for the new exchange rate!
9-14-2023 Intel Guru MarkZ [via PDK] Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled.
9-13-2023 Newshound Guru Militia Man The Central Bank of Iraq and Iranian, who are they having meetings with? The United States Secretary of the Treasury... Article: "The Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar." That tells you the dollar is going to decline and their currencies are going to go up...I believe they're in execution stage...
9-13-2023 Intel Guru Frank26 Article: "Iraq announced to the world that its oil reserves have risen to nearly 6 billion barrels" I think this is going to affect the monetary reform, exchange rate, the RV of the monetary reform phase. I think it has great potential. If it continues, to help the float reach the $3 to $4 cap area...
9-13-2023 Intel Guru Angel1 America has now agreed to support Iraq in all its endeavors, including currency reform.
9-13-2023 Intel Guru RayRen98 [via Babysmom] ...BANK SOURCE UPDATE HEARING IT'S 100% DONE AND THEY ARE JUST WAITING FOR THE "GO AHEAD. THEY ARE SAYING MAYBE TOMORROW OR EVEN POSSIBLY TONIGHT...ANOTHER SOURCE JUST CONFIRMED "EXPECTING TO SEE IT TONIGHT." TIME WILL TELL.
9-13-2023 Newshound Guru Kaperoni The Prime Minister talked about addressing the exchange rate...He's not talking about an RV...he's talking about getting the spread back in line...The market rate in Iraq continues to fall. Now at around 1550 to $1. This is reaching close to 20% spread from official rate. Not good and will continue to hamper the CBI effects to meet IMF compliance.
9-13-2023 Intel Guru Bruce [via WiserNow] ...we received word through one of the redemption centers that the Treasury...gave word to the redemption centers...They signed off on everything...And everything was ready to go...we have heard...that there's been back and forth between our new treasury and Iraq about putting the Iraqi dinar rate up even higher for us...I knew what it was last week. And it should be scaling upward - the tendency is for that to trade UP And the same thing with the Vietnamese dong...The rates that we will be offered on dinar are very...Very Very high. And the same thing is true on the [Vietnamese] dong...They're way higher than we used to think they would be...I'm getting the feeling that everything is ready to go...So I'm excited about this...We are dang close - and obviously, closer than we've ever been.
9-13-2023 Guru Nader From The Mid East Here's my opinion about Sudani in the media...First, he got me all excited. He's talking to the Iraqi people. He's kind of like Trump, he's United States first, Sudani is Iraqi first. I love that. That's one thing I love about him. Whatever he said about business, trading, manufacturers, money, everything he said it showing me the future we're going to be very strong. That's why I get excited...
9-13-2023 Newshound Guru Militia Man Article quote: "Iraqi and Iranian Central Banks are working on a mechanism to regulate trade and break the back of the parallel market." They had a problem with the black market. The parallel market is illegal. It's illegal to be trading in dollars...Sounds like they're about to get rid of it. Iraq is supposed to be dealing in dinar only...on the streets...
9-13-2023 Newshound Guru Samson Article: "Source: Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar"
9-13-2023 Intel Guru MarkZ [via PDK] I am continuing to hear very positive stuff. The consensus is from my Iraqi contacts…that they are looking for a worldwide announcement of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. That means that is when it should be announced to the public. We should hear something before then based on what I am hearing right now. Let’s hope this is accurate. I don’t think I have ever heard this much hype before…It’s almost overwhelming…In a positive way.
9-13-2023 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury"
9-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani traveling to meet USA president Biden on Sept 20th. This after meeting in New York for UN meeting.
9-13-2023 Intel Guru Angel1 ...WTO had asked Iraq for stability purposes, to finalize trade agreements...so they can show they had enough trade for many years to come. They've done that. That was announced today. Sudani even said in the special televised meeting that they have contracts that he's not even able to discuss. He even said some of thee contracts are not able to begin yet. And we know why. They're waiting for the exchange rate to change.
9-13-2023 Intel Guru MarkZ [via PDk] My banking contacts believe it will be in the next day or two. My Iraqi sources say between now and the 20th. We do not know the timing but the indicators look absolutely stunning for this timing of the next 8 days…with the emphasis on the next day or two being highly possible. Get excited, stay excited and know what you are going to do.
9-13-2023 Intel Guru Frank26 Article: "Iraq announced to the world that its oil reserves have risen to nearly 6 billion barrels" I think this is going to affect the monetary reform, exchange rate, the RV of the monetary reform phase. I think it has great potential. If it continues, to help the float reach the $3 to $4 cap area...
9-13-2023 Intel Guru Angel1 America has now agreed to support Iraq in all its endeavors, including currency reform.
9-13-2023 Intel Guru RayRen98 [via Babysmom] ...BANK SOURCE UPDATE HEARING IT'S 100% DONE AND THEY ARE JUST WAITING FOR THE "GO AHEAD. THEY ARE SAYING MAYBE TOMORROW OR EVEN POSSIBLY TONIGHT...ANOTHER SOURCE JUST CONFIRMED "EXPECTING TO SEE IT TONIGHT." TIME WILL TELL.
9-13-2023 Newshound Guru Kaperoni The Prime Minister talked about addressing the exchange rate...He's not talking about an RV...he's talking about getting the spread back in line...The market rate in Iraq continues to fall. Now at around 1550 to $1. This is reaching close to 20% spread from official rate. Not good and will continue to hamper the CBI effects to meet IMF compliance.
9-13-2023 Intel Guru Bruce [via WiserNow] ...we received word through one of the redemption centers that the Treasury...gave word to the redemption centers...They signed off on everything...And everything was ready to go...we have heard...that there's been back and forth between our new treasury and Iraq about putting the Iraqi dinar rate up even higher for us...I knew what it was last week. And it should be scaling upward - the tendency is for that to trade UP And the same thing with the Vietnamese dong...The rates that we will be offered on dinar are very...Very Very high. And the same thing is true on the [Vietnamese] dong...They're way higher than we used to think they would be...I'm getting the feeling that everything is ready to go...So I'm excited about this...We are dang close - and obviously, closer than we've ever been.
9-13-2023 Guru Nader From The Mid East Here's my opinion about Sudani in the media...First, he got me all excited. He's talking to the Iraqi people. He's kind of like Trump, he's United States first, Sudani is Iraqi first. I love that. That's one thing I love about him. Whatever he said about business, trading, manufacturers, money, everything he said it showing me the future we're going to be very strong. That's why I get excited...
9-13-2023 Newshound Guru Militia Man Article quote: "Iraqi and Iranian Central Banks are working on a mechanism to regulate trade and break the back of the parallel market." They had a problem with the black market. The parallel market is illegal. It's illegal to be trading in dollars...Sounds like they're about to get rid of it. Iraq is supposed to be dealing in dinar only...on the streets...
9-13-2023 Newshound Guru Samson Article: "Source: Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar"
9-13-2023 Intel Guru MarkZ [via PDK] I am continuing to hear very positive stuff. The consensus is from my Iraqi contacts…that they are looking for a worldwide announcement of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. That means that is when it should be announced to the public. We should hear something before then based on what I am hearing right now. Let’s hope this is accurate. I don’t think I have ever heard this much hype before…It’s almost overwhelming…In a positive way.
9-13-2023 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury"
9-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani traveling to meet USA president Biden on Sept 20th. This after meeting in New York for UN meeting.
9-13-2023 Intel Guru Angel1 ...WTO had asked Iraq for stability purposes, to finalize trade agreements...so they can show they had enough trade for many years to come. They've done that. That was announced today. Sudani even said in the special televised meeting that they have contracts that he's not even able to discuss. He even said some of thee contracts are not able to begin yet. And we know why. They're waiting for the exchange rate to change.
9-13-2023 Intel Guru MarkZ [via PDk] My banking contacts believe it will be in the next day or two. My Iraqi sources say between now and the 20th. We do not know the timing but the indicators look absolutely stunning for this timing of the next 8 days…with the emphasis on the next day or two being highly possible. Get excited, stay excited and know what you are going to do.
9-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is showing US ambassador saying Iraq is close to its goal - it has more stability and security in a very long time and praised us about a new trade export at the Baghdad International Airport. FRANK: You've got the US ambassador telling the whole world telling Iraq's security and stability is thumbs up!
9-12-2023 Intel Guru Angel1 Very very soon we will have a brand new rate that they have been working on that you have been looking for and I have been looking for all these years. For Sudani to come out and talk about security and stability and the exchange rate is the ultimate setup to change their rate.
9-12-2023 Intel Guru MarkZ [via PDk] People are there in Iraq to make things happen. This is main stream news on the streets of Iraq. What a news day today. They are expecting news tomorrow from rate, timing etc…in Iraq…is what I am being told by Iraqi sources…Things are getting super exciting. We do know that some of the last representatives needed are expected to be in place today and tomorrow…It is close...
9-12-2023 Newshound Guru Samson Article: "The Central Bank of Iran intends to substitute the US dollar with Iraqi dinars for tourism to regional countries, as it rep..."
9-12-2023 Newshound Guru Militia Man Iraq is showing signs of incredible security and stability...ISIS has been taken care of, that's security.
9-12-2023 Newshound Guru Pimpy [Response to Guru Nader below] Is Iraq done with all their paperwork? Are they fully ascended into the World Trade Organization? You know it's not very hard to do, you can go over to the World Trade Organization website...and look up what the status is for Iraq...You can see right here, July 19 2023...they appear to be submitting all the necessary paperwork in order to ascend through the World Trade Organization...They're not a member yet...We are waiting for at least the announcement of their next level or next step...
9-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV news is saying Iran is plans to give Iraqi dinars to travelers not the US dollar anymore. So Iran travelers will have Iraqi dinars not US dollars. FRANK: Holy guacamole! Sudani you already got your country not to use the dollar...You got Iran not to use the dollar? How'd you do that? I told them not to use it...Security and stability at at diamond level...What was the reason we don't have the monetary reform? Because of Iran! ...this is amazing!
9-12-2023 Intel Guru Angel1 Sudani was flexing today. It was a gorgeous, gorgeous, gorgeous hour and twenty-four minute nationally televised meeting. He talked about water, railroads, trade, energy, wheat, you name it...He talked about how this is no longer a 3rd world country...A first world country is secure...stable...highly coveted. He talked about the agreement with India, Iran, China...they have agreements with everybody.
9-12-2023 Guru Nader From The Mid East The exchange rate has been discussed with the WTO, World Bank...last week in New York they all agreed into it. Iran tried to slow it down but they can't anymore. That's it. They're done...Now we're just waiting for the approval of United States Treasury. They just have to sign it. Everything is done. This is from the horses mouth... Sudani...Happy day today. [Post 2 of 2]
9-12-2023 Guru Nader From The Mid East This is straight from the horses mouth, straight from Sudani. He had an interview today...He talked about security...ISIS and any other terrorist group does not have anymore power in our life. Stability, Iraq is stable. It's amazing. Cannot get more stable than this. Three...we signed all the agreements. It's ready with world trade. It's done. Finished...Iraq become the hub of Asia, Middle East, North Africa and maybe Europe... [Post 1 of 2....stay tuned]
9-12-2023 Intel Guru MarkZ [via PDK] Question: "Why does the US have any say in Iraq’s revaluation?" MarkZ: Because of the Iraqi war and the rebuild Iraq money and part of the surrender agreement with Sadaam Hussein when they pulled out of Kuwait. That is it in a nutshell…so the US can recoup the cost of the war. Question: "Will the US get in the way of the RV again?" I can tell you they are caving and cannot get in the way now.
9-12-2023 Intel Guru Angel1 Very very soon we will have a brand new rate that they have been working on that you have been looking for and I have been looking for all these years. For Sudani to come out and talk about security and stability and the exchange rate is the ultimate setup to change their rate.
9-12-2023 Intel Guru MarkZ [via PDk] People are there in Iraq to make things happen. This is main stream news on the streets of Iraq. What a news day today. They are expecting news tomorrow from rate, timing etc…in Iraq…is what I am being told by Iraqi sources…Things are getting super exciting. We do know that some of the last representatives needed are expected to be in place today and tomorrow…It is close...
9-12-2023 Newshound Guru Samson Article: "The Central Bank of Iran intends to substitute the US dollar with Iraqi dinars for tourism to regional countries, as it rep..."
9-12-2023 Newshound Guru Militia Man Iraq is showing signs of incredible security and stability...ISIS has been taken care of, that's security.
9-12-2023 Newshound Guru Pimpy [Response to Guru Nader below] Is Iraq done with all their paperwork? Are they fully ascended into the World Trade Organization? You know it's not very hard to do, you can go over to the World Trade Organization website...and look up what the status is for Iraq...You can see right here, July 19 2023...they appear to be submitting all the necessary paperwork in order to ascend through the World Trade Organization...They're not a member yet...We are waiting for at least the announcement of their next level or next step...
9-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV news is saying Iran is plans to give Iraqi dinars to travelers not the US dollar anymore. So Iran travelers will have Iraqi dinars not US dollars. FRANK: Holy guacamole! Sudani you already got your country not to use the dollar...You got Iran not to use the dollar? How'd you do that? I told them not to use it...Security and stability at at diamond level...What was the reason we don't have the monetary reform? Because of Iran! ...this is amazing!
9-12-2023 Intel Guru Angel1 Sudani was flexing today. It was a gorgeous, gorgeous, gorgeous hour and twenty-four minute nationally televised meeting. He talked about water, railroads, trade, energy, wheat, you name it...He talked about how this is no longer a 3rd world country...A first world country is secure...stable...highly coveted. He talked about the agreement with India, Iran, China...they have agreements with everybody.
9-12-2023 Guru Nader From The Mid East The exchange rate has been discussed with the WTO, World Bank...last week in New York they all agreed into it. Iran tried to slow it down but they can't anymore. That's it. They're done...Now we're just waiting for the approval of United States Treasury. They just have to sign it. Everything is done. This is from the horses mouth... Sudani...Happy day today. [Post 2 of 2]
9-12-2023 Guru Nader From The Mid East This is straight from the horses mouth, straight from Sudani. He had an interview today...He talked about security...ISIS and any other terrorist group does not have anymore power in our life. Stability, Iraq is stable. It's amazing. Cannot get more stable than this. Three...we signed all the agreements. It's ready with world trade. It's done. Finished...Iraq become the hub of Asia, Middle East, North Africa and maybe Europe... [Post 1 of 2....stay tuned]
9-12-2023 Intel Guru MarkZ [via PDK] Question: "Why does the US have any say in Iraq’s revaluation?" MarkZ: Because of the Iraqi war and the rebuild Iraq money and part of the surrender agreement with Sadaam Hussein when they pulled out of Kuwait. That is it in a nutshell…so the US can recoup the cost of the war. Question: "Will the US get in the way of the RV again?" I can tell you they are caving and cannot get in the way now.
9-11-2023 Intel Guru Frank26 Corruption is being squashed...
9-11-2023 Intel/Newshound Guru Babysmom WE SHOULD KNOW BY 1AM EST IF CBI CHANGES THE RATE BECAUSE AFTER 1:00 A.M. WHICH IS 8:00 A.M. IRAQ TIME THEIR BANKS OPEN AND THEY'VE ALWAYS WANTED TO DO IT BEFORE THEIR BANKS OPEN.
9-11-2023 Intel Guru MarkZ [via PDK] We have been seeing all kinds of bank rates on currency calculators. My bankers believe they are priming the pump for the system and punching in different values to test things. I really think this may be the last week we have to deal with all of this.
9-11-2023 Guru Nader From The Mid East I told you before the CBI has nothing to do with it. CBI can change the rate to 1160, 1134 but that's the maximum do...Who's gonna put it back? The United States government.
9-11-2023 Newshound Guru Clare Article: "Touches 100 dollars. Economist expects oil prices to continue to rise" Quote: "expecting the price of a barrel to reach $ 100 during the remainder of 2023."
9-11-2023 Intel Guru MarkZ [via PDK] My Iraqi contacts believe it will be here from yesterday up through the 20th…tops. Most of my sources over here believe this is it!!! Don’t be upset if it’s not quite that quick as there are a lot of moving pieces behind the curtain... [post 2 of 2]
9-11-2023 Intel Guru MarkZ [via PDK] ...We are so close…coming right from Sudani...it is time to address the exchange rate…BAM. They have been in many meetings…we have had people here from Iraq for the last few weeks. Folks from our Us Fed Reserve and Treasury have been over there. I totally agree that it is done…. We are just waiting for some reason. Waiting for when that trigger is flipped. [post 1 of 2....stay tuned]
9-11-2023 Newshound Guru Sandy Ingram [I] was to hire an individual who could be bonded, who speaks both English and Arabic and who could open a brokerage account on the Iraqi Stock Market and an Iraqi bank account. [We] asked this person to contact us using the channels Facebook page. There were several responses. But before conversations could begin the Facebook account was disabled. No explanation. No reason...These actions led me to believe someone in high place did not want us to bring our over $10 million investment in or on the Iraqi stock market into play...
9-11-2023 Intel Guru Frank26 Question: "What percentage rate should I look for when I exchange?" 1%, 2%, 3% I think is more than fair especially if you're dealing with high million numbers. Anything past that gets a little gluttonous. Me personally, my % for exchanging will be zero. You know how many dinars I will be taking to a bank? 'You're going to charge me, to deposit my money into your bank?!?? Bye-Bye. Of course we can work something out. Now do it.' It bothers me that this is what's going to happen... banks will take advantage of you.
9-11-2023 Newshound Guru Samson Article: "Economist: The budget was not implemented even 90 days after its approval" Quote: "it was not implemented due to the presence of thieves and corrupt people, stressing the necessity of changing disbursement methods to keep the funds of the tripartite budget from the hands of corrupt officials."
9-11-2023 Newshound Guru Militia Man The news outlets and the media doesn't quite paint the picture in a cut and dry manner. That's not their job is to babysit us and it's not their job to tell you every specific thing that they're going to do, how they're going to do it, what the exchange rate is, what the date is. Anybody that thinks that is going to ever be possible I'm not sure you should be in this investment. The fact remains we all have curiosity so fair enough. We're all curious to what that is and we're going to have to wait to find out...
9-11-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS ADVANCING GLOBALLY AND SETTLING IN THE ARAB WORLD WITH THE LARGEST ECONOMY IN THE WORLD IN 2023" Quote: "...Iraq ranked 49th in the world’s largest economies for the year 2023, after it was ranked 52nd last year, within a list of 190 countries, according to a report by the International Monetary Fund."
9-11-2023 Intel Guru yada I will say that the reasons we should see this, finally is the implementations are in full mode. The money from the budget will cover the employee salaries, activate the contracts to improve their national airport, and complete the funding to have their rail line active with Iran. Lets not forget the French 28 billion contract to build their electric plant,,,all awaiting the reissued dinar
9-11-2023 Intel/Newshound Guru Babysmom WE SHOULD KNOW BY 1AM EST IF CBI CHANGES THE RATE BECAUSE AFTER 1:00 A.M. WHICH IS 8:00 A.M. IRAQ TIME THEIR BANKS OPEN AND THEY'VE ALWAYS WANTED TO DO IT BEFORE THEIR BANKS OPEN.
9-11-2023 Intel Guru MarkZ [via PDK] We have been seeing all kinds of bank rates on currency calculators. My bankers believe they are priming the pump for the system and punching in different values to test things. I really think this may be the last week we have to deal with all of this.
9-11-2023 Guru Nader From The Mid East I told you before the CBI has nothing to do with it. CBI can change the rate to 1160, 1134 but that's the maximum do...Who's gonna put it back? The United States government.
9-11-2023 Newshound Guru Clare Article: "Touches 100 dollars. Economist expects oil prices to continue to rise" Quote: "expecting the price of a barrel to reach $ 100 during the remainder of 2023."
9-11-2023 Intel Guru MarkZ [via PDK] My Iraqi contacts believe it will be here from yesterday up through the 20th…tops. Most of my sources over here believe this is it!!! Don’t be upset if it’s not quite that quick as there are a lot of moving pieces behind the curtain... [post 2 of 2]
9-11-2023 Intel Guru MarkZ [via PDK] ...We are so close…coming right from Sudani...it is time to address the exchange rate…BAM. They have been in many meetings…we have had people here from Iraq for the last few weeks. Folks from our Us Fed Reserve and Treasury have been over there. I totally agree that it is done…. We are just waiting for some reason. Waiting for when that trigger is flipped. [post 1 of 2....stay tuned]
9-11-2023 Newshound Guru Sandy Ingram [I] was to hire an individual who could be bonded, who speaks both English and Arabic and who could open a brokerage account on the Iraqi Stock Market and an Iraqi bank account. [We] asked this person to contact us using the channels Facebook page. There were several responses. But before conversations could begin the Facebook account was disabled. No explanation. No reason...These actions led me to believe someone in high place did not want us to bring our over $10 million investment in or on the Iraqi stock market into play...
9-11-2023 Intel Guru Frank26 Question: "What percentage rate should I look for when I exchange?" 1%, 2%, 3% I think is more than fair especially if you're dealing with high million numbers. Anything past that gets a little gluttonous. Me personally, my % for exchanging will be zero. You know how many dinars I will be taking to a bank? 'You're going to charge me, to deposit my money into your bank?!?? Bye-Bye. Of course we can work something out. Now do it.' It bothers me that this is what's going to happen... banks will take advantage of you.
9-11-2023 Newshound Guru Samson Article: "Economist: The budget was not implemented even 90 days after its approval" Quote: "it was not implemented due to the presence of thieves and corrupt people, stressing the necessity of changing disbursement methods to keep the funds of the tripartite budget from the hands of corrupt officials."
9-11-2023 Newshound Guru Militia Man The news outlets and the media doesn't quite paint the picture in a cut and dry manner. That's not their job is to babysit us and it's not their job to tell you every specific thing that they're going to do, how they're going to do it, what the exchange rate is, what the date is. Anybody that thinks that is going to ever be possible I'm not sure you should be in this investment. The fact remains we all have curiosity so fair enough. We're all curious to what that is and we're going to have to wait to find out...
9-11-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS ADVANCING GLOBALLY AND SETTLING IN THE ARAB WORLD WITH THE LARGEST ECONOMY IN THE WORLD IN 2023" Quote: "...Iraq ranked 49th in the world’s largest economies for the year 2023, after it was ranked 52nd last year, within a list of 190 countries, according to a report by the International Monetary Fund."
9-11-2023 Intel Guru yada I will say that the reasons we should see this, finally is the implementations are in full mode. The money from the budget will cover the employee salaries, activate the contracts to improve their national airport, and complete the funding to have their rail line active with Iran. Lets not forget the French 28 billion contract to build their electric plant,,,all awaiting the reissued dinar
9-10-2023 Intel Guru Frank26 Community Comment "I'm so confused about 'Humanitarian Projects' " There's no such thing...And there is no such thing as any project out there that's going to give you more than what the CBI is going to give. Don't be gullible. Don't be greedy. Don't let the serpent tempt you to be glutenous...
9-10-2023 Guru Nader From The Mid East Before the end of the month we're gonna announce they have almost $140 billion in reserved...
8-10-2023 Newshound Guru Militia Man Iraq's gearing to go international and you can see that with all the trade that's done with China, Japan, United States of America, Canada, Jordan, Saudi Arabia, Iran, the borders, trucking everything is coming together...Iraq's oil capacity and output is increasing, the non-oil revenues are increasing and they're exporting agriculture and their credit rating is in good standing. They're basically saying we're open for business...It's stuff we've never seen before. It's phenomenal...
9-10-2023 Newshound Guru Sandy Ingram How we know the value of the IQD will increase. Mega banks slipped into Iraq...JP Morgan has assets of more than $2.62 trillion and is the 5th or 6th largest bank in the world...Earlier this month JP Morgan & Chase won the contract to run the Trade Bank of Iraq. The Trade Bank of Iraq facilitates foreign trade financing operations... this is huge. Other banks working with JP Morgan are out of the United Kingdom, Poland, France, Canada and Kuwait...Banks that influence the Forex Market are doing business in Iraq...Iraq is connected at the top.
9-10-2023 Newshound Guru Clare Article: "An upcoming visit by the Sudanese to New York" Quote: "Prime Minister Muhammad Shia al-Sudani is scheduled to meet US President Joe Biden on the sidelines of the United Nations meetings in New York this September, according to informed Iraqi sources."
9-10-2023 Newshound Guru Kaperoni I believe JP Morgan is going to be a key player over the next few years in Iraq and I think us as individuals may end up somehow being involved with the company JP Morgan. JP Morgan has a track record of previously handling processes of financial transfers for Iraq...
9-10-2023 Intel Guru Frank26 Question: "Why would JP Morgan ever release Iraq from their current situation?" Because JP Morgan knows they have to make money in the exchange process that's about to occur.
9-10-2023 Newshound/Intel Guru Mnt Goat ...they now have a VERY high level of Security and Stability, something that we have heard over the last 20 years they needed. Well…now its here…
9-10-2023 Intel Guru RayRen98 PEEPS ACROSS THE POND WERE TOLD TO LOOK TOWARDS MONDAY MORNING.
9-10-2023 Guru Nader From The Mid East Before the end of the month we're gonna announce they have almost $140 billion in reserved...
8-10-2023 Newshound Guru Militia Man Iraq's gearing to go international and you can see that with all the trade that's done with China, Japan, United States of America, Canada, Jordan, Saudi Arabia, Iran, the borders, trucking everything is coming together...Iraq's oil capacity and output is increasing, the non-oil revenues are increasing and they're exporting agriculture and their credit rating is in good standing. They're basically saying we're open for business...It's stuff we've never seen before. It's phenomenal...
9-10-2023 Newshound Guru Sandy Ingram How we know the value of the IQD will increase. Mega banks slipped into Iraq...JP Morgan has assets of more than $2.62 trillion and is the 5th or 6th largest bank in the world...Earlier this month JP Morgan & Chase won the contract to run the Trade Bank of Iraq. The Trade Bank of Iraq facilitates foreign trade financing operations... this is huge. Other banks working with JP Morgan are out of the United Kingdom, Poland, France, Canada and Kuwait...Banks that influence the Forex Market are doing business in Iraq...Iraq is connected at the top.
9-10-2023 Newshound Guru Clare Article: "An upcoming visit by the Sudanese to New York" Quote: "Prime Minister Muhammad Shia al-Sudani is scheduled to meet US President Joe Biden on the sidelines of the United Nations meetings in New York this September, according to informed Iraqi sources."
9-10-2023 Newshound Guru Kaperoni I believe JP Morgan is going to be a key player over the next few years in Iraq and I think us as individuals may end up somehow being involved with the company JP Morgan. JP Morgan has a track record of previously handling processes of financial transfers for Iraq...
9-10-2023 Intel Guru Frank26 Question: "Why would JP Morgan ever release Iraq from their current situation?" Because JP Morgan knows they have to make money in the exchange process that's about to occur.
9-10-2023 Newshound/Intel Guru Mnt Goat ...they now have a VERY high level of Security and Stability, something that we have heard over the last 20 years they needed. Well…now its here…
9-10-2023 Intel Guru RayRen98 PEEPS ACROSS THE POND WERE TOLD TO LOOK TOWARDS MONDAY MORNING.
9-9-2023 Newshound Guru Militia Man 2023-24-25 budget has not been opened. They're not spending money yet. I don't think anybody out there has any data to support the fact that they have. I haven't seen it.
9-9-2023 Newshound Guru Kaperoni ...I see the dinar rising over the next several years gradually via a float as Iraq continues to pass laws, encourage investment, diversify and achieve economic growth increase in GDP...Only with that success can the dinar rise as a result...The Central Bank of Iraq will then institute a monetary policy that counters inflationary pressure created by that success raising the dinar value.
9-9-2023 Intel/Newhound Guru Frank26 When you go to a bank they don't even want a receipt. 'Why do I need a receipt?' In case you're audited...Long term [tax] might be in the 20% range. Short term might be in the 40% range. Somewhere in that ballpark. That's why you need a receipt. That's why it's important. [NOTE: Remember some gurus think dinar exchange tax will be considered ordinary income while others fell it will be capital gains...the only opinion that matter's here is the IRS's...Consult your tax professionals so you pay the right amount of tax for your unique situation.]
9-9-2023 Intel Guru Bruce [via WiserNow] ...it looks like things are moving forward. And we should be - if this intel holds up...then Sunday night into Monday should look good for us.
9-9-2023 Guru Nader From The Mid East Advisor to the Prime Minister Al-Najar revealed that the monetary mass of the local currency has reached the barrier of 116 trillion dinars...of which between 30 and 40 trillion dinars are circulating within the banking system...
9-9-2023 Newshound Guru Clare Article: "America Is On The Top Of Global Gold Reserves" Quote: "The data of the World Gold Council indicate that Saudi Arabia maintains the first place in the Arab world among the countries most hedged with gold, and it is in an advanced rank globally, as it ranks 17th with total reserves of 323.1 tons, and Lebanon is second in the Arab world (21 globally) with a score of 286.8 tons, and Algeria is in third place with 173 tons. 6 tons, Iraq fourth with 132.6 tons of gold, while Egypt ranks fifth in the Arab world with 125.9 tons."
9-9-2023 Intel Guru MarkZ [via PDK] What I am hearing from a number of my group contacts is that money will be moving on or by Tuesday. Some indicators are expected tomorrow or Monday to let us know if we are on target for that... chatter has been off the hook for the last 72 hours or so that they 24 hours or so for things to really launch. I think my groups and bankers are probably accurate and we are possibly this close to finally having this thing nailed down with their expectations for Tuesday. They are overall just down right excited. Reminder - None of us know the timing…we just know what we expect according to the news a chatter.
9-9-2023 Newshound Guru Militia Man Article quote: "...Many Iraqi people including the Kurds may not have known in order to clarify part of the secrets of the crisis despite Baghdad's efforts to overcome them." What are they talking about? They're giving an excuse why some things didn't happen. They're giving themselves a way out and that way out was something that was secret. What could not be disclosed to them until the last minute? ...My view on it is that secret, that unknown, is likely going to turn out to be an exchange rate change...
9-9-2023 Intel Guru Frank26 Suandi keeps repeating once security is stabilized and established and is firmly in place you are going to see the explosion of your currency/new exchange rate...It's many that are helping Sudani return wealth back to [Iraq]. To do this special type of cleaning for the new exchange rate took a coordinated effort of many countries...All those countries that have helped bring back millions and trillions that were stolen by the corruption of the past decades they are all pitching in to help Sudani because they know what's about to happen to your monetary reform...The whole world wants Iraq and the pain of waiting is coming to an end...
9-9-2023 Newshound/Intel Guru Mnt Goat ...I have to tell you the currency rate of 1/6 of a penny (IQD 1320 = USD 1) absolutely does not reflect the currency rate of the dinar. It is being “artificially suppressed”! But most importantly...many other financial wizards, much more knowledgeable than I, also feel this way. To make a very good comparison one only needs to compare Iraq to Kuwait to see the imbalance and inequity happening (KWD 1 = USD 3.45).
9-9-2023 Intel Guru Bruce [via WiserNow] Iraq did not put their new rates on the dinar in their gazette - their official document called the Gazette...which is a major publication day Wednesdays and Saturdays. But according to our contacts in Iraq, they should be putting in Saturday's gazette So we'll see what happens.
9-9-2023 Newshound Guru Kaperoni ...I see the dinar rising over the next several years gradually via a float as Iraq continues to pass laws, encourage investment, diversify and achieve economic growth increase in GDP...Only with that success can the dinar rise as a result...The Central Bank of Iraq will then institute a monetary policy that counters inflationary pressure created by that success raising the dinar value.
9-9-2023 Intel/Newhound Guru Frank26 When you go to a bank they don't even want a receipt. 'Why do I need a receipt?' In case you're audited...Long term [tax] might be in the 20% range. Short term might be in the 40% range. Somewhere in that ballpark. That's why you need a receipt. That's why it's important. [NOTE: Remember some gurus think dinar exchange tax will be considered ordinary income while others fell it will be capital gains...the only opinion that matter's here is the IRS's...Consult your tax professionals so you pay the right amount of tax for your unique situation.]
9-9-2023 Intel Guru Bruce [via WiserNow] ...it looks like things are moving forward. And we should be - if this intel holds up...then Sunday night into Monday should look good for us.
9-9-2023 Guru Nader From The Mid East Advisor to the Prime Minister Al-Najar revealed that the monetary mass of the local currency has reached the barrier of 116 trillion dinars...of which between 30 and 40 trillion dinars are circulating within the banking system...
9-9-2023 Newshound Guru Clare Article: "America Is On The Top Of Global Gold Reserves" Quote: "The data of the World Gold Council indicate that Saudi Arabia maintains the first place in the Arab world among the countries most hedged with gold, and it is in an advanced rank globally, as it ranks 17th with total reserves of 323.1 tons, and Lebanon is second in the Arab world (21 globally) with a score of 286.8 tons, and Algeria is in third place with 173 tons. 6 tons, Iraq fourth with 132.6 tons of gold, while Egypt ranks fifth in the Arab world with 125.9 tons."
9-9-2023 Intel Guru MarkZ [via PDK] What I am hearing from a number of my group contacts is that money will be moving on or by Tuesday. Some indicators are expected tomorrow or Monday to let us know if we are on target for that... chatter has been off the hook for the last 72 hours or so that they 24 hours or so for things to really launch. I think my groups and bankers are probably accurate and we are possibly this close to finally having this thing nailed down with their expectations for Tuesday. They are overall just down right excited. Reminder - None of us know the timing…we just know what we expect according to the news a chatter.
9-9-2023 Newshound Guru Militia Man Article quote: "...Many Iraqi people including the Kurds may not have known in order to clarify part of the secrets of the crisis despite Baghdad's efforts to overcome them." What are they talking about? They're giving an excuse why some things didn't happen. They're giving themselves a way out and that way out was something that was secret. What could not be disclosed to them until the last minute? ...My view on it is that secret, that unknown, is likely going to turn out to be an exchange rate change...
9-9-2023 Intel Guru Frank26 Suandi keeps repeating once security is stabilized and established and is firmly in place you are going to see the explosion of your currency/new exchange rate...It's many that are helping Sudani return wealth back to [Iraq]. To do this special type of cleaning for the new exchange rate took a coordinated effort of many countries...All those countries that have helped bring back millions and trillions that were stolen by the corruption of the past decades they are all pitching in to help Sudani because they know what's about to happen to your monetary reform...The whole world wants Iraq and the pain of waiting is coming to an end...
9-9-2023 Newshound/Intel Guru Mnt Goat ...I have to tell you the currency rate of 1/6 of a penny (IQD 1320 = USD 1) absolutely does not reflect the currency rate of the dinar. It is being “artificially suppressed”! But most importantly...many other financial wizards, much more knowledgeable than I, also feel this way. To make a very good comparison one only needs to compare Iraq to Kuwait to see the imbalance and inequity happening (KWD 1 = USD 3.45).
9-9-2023 Intel Guru Bruce [via WiserNow] Iraq did not put their new rates on the dinar in their gazette - their official document called the Gazette...which is a major publication day Wednesdays and Saturdays. But according to our contacts in Iraq, they should be putting in Saturday's gazette So we'll see what happens.
9-8-2023 Intel Guru Frank26 The official rate is 1132. That's 132 pips away from 1000. They can do that in your sleep. Yes, I strongly believe we have another movement to get to 1000 so it can be paired at 1 to 1. That's the goal.
9-8-2023 Newshound Guru Militia Man For Iraq to go international they're going to have to be article VIII compliant with the IMF and their currency exchange rate...They haven't come this far to go ahead and do the status quo...All the news...is phenomenal...
9-8-2023 Newshound Guru Breitling If you go back...how many customers did they [Iraq] have in the 90's? How much were they producing. And you compare then to what they have now and they have a lot more now. Then how is the value of the dinar so far down? ...They have more customers, they're producing more. More people are buying. That's why you and I are in this investment.
9-8-2023 Newshound Guru Kaperoni The Central Bank of Iraq continues to struggle with trying to reduce the market rate spread. Dinar is priced around 1540, which is about 18%.
9-8-2023 Intel Guru Frank26 IMF tells every central bank what they can do with their monetary reform. The IMF has said...Iraq is going through a change to add value to their currency right now...Any other country doing that? No. Article quote: "The International Monetary Fund confirmed that the Greater Middle East, including in Iraq...is currently witnessing a profound shift in geopolitics, creating new possibilities for achieving prosperity, even despite the current international conflicts." ...Profound.
9-8-2023 Newshound Guru Sandy Ingram Article: "Tehran's subtle efforts to control Iraq" Iran and Iraqi supporters of Iran want Iraq to eliminate all connection with the United States or the west. This line of thought affects our investment because Iran may not support Iraq's currency value to increase against the U.S. dollar...
9-8-2023 Intel Guru MarkZ [via PDK] So many rumors out there...I definitely feel like we are close. IT was off the hook yesterday with expectation... Many thought it would happen overnight last night… I really didn’t think it was ready yet... We continue to hear fantastic personal banking stories...So many banking stories from you all from wealth managers etc… Comment: I said it will happen 9-11... MarkZ: For whatever reason my gut is saying the same thing…
9-8-2023 Newshound Guru Militia Man Why haven't they [Paid the salaries]? There's got to be a reason for it and we believe it comes down to that the 23, 24, 25 budget is going to have an internationally acceptable exchange rate that's going to be on the Forex so that we all as investors can freely trade the Iraqi dinar in an international environment. That's the whole purpose of us being here...
9-8-2023 Intel Guru Frank26 If they [the bank] made a profit off of you, shame on you. Don't let them make a profit off of you. You're Mr. Clampett and they're Mr Drysdale. Act accordingly. You have the power. I don't care if you go in there with 500,000, 100,000, don't let them treat you stupid. The bank is not your friend. They have laws that do not allow them to be your friends.
9-8-2023 Newshound/Intel Guru Mnt Goat I believe there is nothing more for the CBI to do but to issue the lower denominations and them to watch for inflation over a period, as their plan states they will do, and if all goes well, they liberate their currency to the global markets as in FOREX. I thought we needed the Oil and Gas Law passed first? Yes, I still believe they do and we might have to wait for it. But there is a chance that based on how fast the economy is growing they may just put that on the back burner and rethink it (remember that Dr Shababi in 2012-2013 did not have this law passed, yet he was moving forward). We must remember the past.
9-8-2023 Intel Guru MarkZ [via PDK] From Iraq...A chief strategist of the AFC Iraq fund is talking about how “Banks will fuel the next market phase of Iraq” they have made exceptional progress. Top tier banks have a lot of funding and money and this is where the future is going to explode for Iraq…and they are now ready to start funding entrepreneurs, projects etc…. This is a great piece that shows us where Iraq is heading...We were told the banking implementation is key for them to be able to change their value. It also brings financial security.
9-8-2023 Newshound Guru Militia Man For Iraq to go international they're going to have to be article VIII compliant with the IMF and their currency exchange rate...They haven't come this far to go ahead and do the status quo...All the news...is phenomenal...
9-8-2023 Newshound Guru Breitling If you go back...how many customers did they [Iraq] have in the 90's? How much were they producing. And you compare then to what they have now and they have a lot more now. Then how is the value of the dinar so far down? ...They have more customers, they're producing more. More people are buying. That's why you and I are in this investment.
9-8-2023 Newshound Guru Kaperoni The Central Bank of Iraq continues to struggle with trying to reduce the market rate spread. Dinar is priced around 1540, which is about 18%.
9-8-2023 Intel Guru Frank26 IMF tells every central bank what they can do with their monetary reform. The IMF has said...Iraq is going through a change to add value to their currency right now...Any other country doing that? No. Article quote: "The International Monetary Fund confirmed that the Greater Middle East, including in Iraq...is currently witnessing a profound shift in geopolitics, creating new possibilities for achieving prosperity, even despite the current international conflicts." ...Profound.
9-8-2023 Newshound Guru Sandy Ingram Article: "Tehran's subtle efforts to control Iraq" Iran and Iraqi supporters of Iran want Iraq to eliminate all connection with the United States or the west. This line of thought affects our investment because Iran may not support Iraq's currency value to increase against the U.S. dollar...
9-8-2023 Intel Guru MarkZ [via PDK] So many rumors out there...I definitely feel like we are close. IT was off the hook yesterday with expectation... Many thought it would happen overnight last night… I really didn’t think it was ready yet... We continue to hear fantastic personal banking stories...So many banking stories from you all from wealth managers etc… Comment: I said it will happen 9-11... MarkZ: For whatever reason my gut is saying the same thing…
9-8-2023 Newshound Guru Militia Man Why haven't they [Paid the salaries]? There's got to be a reason for it and we believe it comes down to that the 23, 24, 25 budget is going to have an internationally acceptable exchange rate that's going to be on the Forex so that we all as investors can freely trade the Iraqi dinar in an international environment. That's the whole purpose of us being here...
9-8-2023 Intel Guru Frank26 If they [the bank] made a profit off of you, shame on you. Don't let them make a profit off of you. You're Mr. Clampett and they're Mr Drysdale. Act accordingly. You have the power. I don't care if you go in there with 500,000, 100,000, don't let them treat you stupid. The bank is not your friend. They have laws that do not allow them to be your friends.
9-8-2023 Newshound/Intel Guru Mnt Goat I believe there is nothing more for the CBI to do but to issue the lower denominations and them to watch for inflation over a period, as their plan states they will do, and if all goes well, they liberate their currency to the global markets as in FOREX. I thought we needed the Oil and Gas Law passed first? Yes, I still believe they do and we might have to wait for it. But there is a chance that based on how fast the economy is growing they may just put that on the back burner and rethink it (remember that Dr Shababi in 2012-2013 did not have this law passed, yet he was moving forward). We must remember the past.
9-8-2023 Intel Guru MarkZ [via PDK] From Iraq...A chief strategist of the AFC Iraq fund is talking about how “Banks will fuel the next market phase of Iraq” they have made exceptional progress. Top tier banks have a lot of funding and money and this is where the future is going to explode for Iraq…and they are now ready to start funding entrepreneurs, projects etc…. This is a great piece that shows us where Iraq is heading...We were told the banking implementation is key for them to be able to change their value. It also brings financial security.
9-7-2023 Intel Guru Frank26 There's no such thing as an NDA...'Here, sign this. I don't want you to say a single word about what you're seeing ok?' | "Whatcha gonna do?" | 'I don't know.' | "What are you going to take me to court with an NDA? You think they're going to recognize it? You think this is a legal term?" | 'No.' | "Then get out of my face NDA! "
9-7-2023 Newshound Guru Kaperoni There are only two options for the Iraqi dinar, one is to allow it to gradually rise over time via a float giving them the opportunity to withdraw the large amount of currency and circulation. Or two, redenominate LOP the dinar making 1,000 dinar equal to 1 dinar which is a neutral event and you'll make little to no profit...Not what we want.
9-7-2023 Newshound Guru Sandy Ingram ...Separation, internal conflict, corruption and security issues when it comes to international investors are the major reason holding up economic stability in the country, ie the increase in the Iraq dinar value against the U.S. dollar.
9-7-2023 Intel Guru RayRen98 BANK STAFFERS ARE FRUSTRATED, THEY WERE "TOLD" BY UPPER MANAGEMENT TO EXPECT LARGE CROWDS LAST WEEKEND GOING INTO THIS WEEK. BUT, THERE WAS A HICCUP THEY WERE NOT AWARE OF AT "THAT" TIME...WE'RE RECEIVING ADDITIONAL COMMUNICATION REGARDING THE "HICCUP" BEING RESOLVED. IT'S ON NOW!!!!!...$$$$$$$...WE'RE GETTING ADDITIONAL COLLABORATION ON THE "ANY MOMENT, ANY TIME" THOUGHT PROCESS. HOPEFULLY, THE CLOCK IS "TICKING" AS WE SPEAK!
9-7-2023 Intel Guru Frank26 Bank friend believes the rate is 1132. The CBI deputies have to post that on their page by law if not International...he thinks the official rate will not be shown to anyone right now. But he keeps telling me with force that he thinks it's 1132 unofficially known to everyone...He stands behind this. FRANK: How many times have they come out and told you the exchange rate is 1132. They tell you not to pay attention to the lie of the street rate which is 1320. They keep repeating it to you for a very good reason... [NOTE: You can always see the official CBI listed exchange rate in the left column of this page.]
9-7-2023 Newshound Guru Samson Article: "Washington: We call for resolving the differences in Kirkuk through dialogue and activating
Article 140"
9-7-2023 Intel Guru MarkZ [via PDK] ...lots of quiet…but its enough to get some a little excited. I really thought we would some leaks or news by this morning…but I don’t have them yet. We just need to stay calm and patient.
9-7-2023 Newshound Guru Militia Man We have Standard & Poor giving them [Iraq] a stable outlook to an increasing positive outlook because they're now exporting agricultural wares and they have non-oil revenue streams coming in at the borders. That's why they're beginning to look good - because of the investment environment is ripe...
9-7-2023 Intel Guru Frank26 Question: "Will we have to pay any kind of tax after or during the exchanging of the dinar for American dollars?" When you go to the bank and you present your dinar...don't leave your eyes off of them. You make sure that you see your account has been credited...At that point they are not going to say to you, 'Ok Mr Frank you have 1 million dinars you owe $300,000 in taxes.' A bank doesn't collect taxes. They're not made to do that...They don't have the facilities to collect taxes from you as an individual... [NOTE: Consult your tax professionals so you pay the right amount of tax for your unique situation.]
9-7-2023 Newshound/Intel Guru Mnt Goat I address this question to guru Kaperoni who still thinks Iraq has to grow their economy first to get the current TRUE VALUE of their currency reflected in their rate. SO grow it to what standard? What is the benchmark when they would turn on their currency? Did they shut it off because of the war and so the war has been over for 20 years. Yes, that is Obama’s plan not Dr Shabibi and it is a bad plan and will not work. Iraq needs its currency to grow the country and it’s economy. [post 2 of 2]
9-7-2023 Newshound/Intel Guru Mnt Goat Iraq records the highest oil revenues since the start of 2023 which is also 2/3 more oil pumped than in 1991. The dinar rate in 1991 was over USD $3. So why is the currency still being under valued? Yes, it is important to get out of a “rentier economy” based solely on oil and this will also create yet more wealth. But what about right now...I am talking about today! Doesn’t the oil wealth mean anything? Doesn’t the 113 billion in reserves and 132 tons of gold mean anything? Not to mention all the minerals and agricultural products being exported. So why still at 1/6 of a penny? [post 1 of 2....stay tuned]
9-7-2023 Intel Guru MarkZ [via PDK] Question: If IQD and VND have agreements…will they not float up together? MarkZ: I do not expect a float. But, I am prepared in case there is one. I expect a substantial change in value …then maybe a small float.
9-7-2023 Newshound Guru Kaperoni There are only two options for the Iraqi dinar, one is to allow it to gradually rise over time via a float giving them the opportunity to withdraw the large amount of currency and circulation. Or two, redenominate LOP the dinar making 1,000 dinar equal to 1 dinar which is a neutral event and you'll make little to no profit...Not what we want.
9-7-2023 Newshound Guru Sandy Ingram ...Separation, internal conflict, corruption and security issues when it comes to international investors are the major reason holding up economic stability in the country, ie the increase in the Iraq dinar value against the U.S. dollar.
9-7-2023 Intel Guru RayRen98 BANK STAFFERS ARE FRUSTRATED, THEY WERE "TOLD" BY UPPER MANAGEMENT TO EXPECT LARGE CROWDS LAST WEEKEND GOING INTO THIS WEEK. BUT, THERE WAS A HICCUP THEY WERE NOT AWARE OF AT "THAT" TIME...WE'RE RECEIVING ADDITIONAL COMMUNICATION REGARDING THE "HICCUP" BEING RESOLVED. IT'S ON NOW!!!!!...$$$$$$$...WE'RE GETTING ADDITIONAL COLLABORATION ON THE "ANY MOMENT, ANY TIME" THOUGHT PROCESS. HOPEFULLY, THE CLOCK IS "TICKING" AS WE SPEAK!
9-7-2023 Intel Guru Frank26 Bank friend believes the rate is 1132. The CBI deputies have to post that on their page by law if not International...he thinks the official rate will not be shown to anyone right now. But he keeps telling me with force that he thinks it's 1132 unofficially known to everyone...He stands behind this. FRANK: How many times have they come out and told you the exchange rate is 1132. They tell you not to pay attention to the lie of the street rate which is 1320. They keep repeating it to you for a very good reason... [NOTE: You can always see the official CBI listed exchange rate in the left column of this page.]
9-7-2023 Newshound Guru Samson Article: "Washington: We call for resolving the differences in Kirkuk through dialogue and activating
Article 140"
9-7-2023 Intel Guru MarkZ [via PDK] ...lots of quiet…but its enough to get some a little excited. I really thought we would some leaks or news by this morning…but I don’t have them yet. We just need to stay calm and patient.
9-7-2023 Newshound Guru Militia Man We have Standard & Poor giving them [Iraq] a stable outlook to an increasing positive outlook because they're now exporting agricultural wares and they have non-oil revenue streams coming in at the borders. That's why they're beginning to look good - because of the investment environment is ripe...
9-7-2023 Intel Guru Frank26 Question: "Will we have to pay any kind of tax after or during the exchanging of the dinar for American dollars?" When you go to the bank and you present your dinar...don't leave your eyes off of them. You make sure that you see your account has been credited...At that point they are not going to say to you, 'Ok Mr Frank you have 1 million dinars you owe $300,000 in taxes.' A bank doesn't collect taxes. They're not made to do that...They don't have the facilities to collect taxes from you as an individual... [NOTE: Consult your tax professionals so you pay the right amount of tax for your unique situation.]
9-7-2023 Newshound/Intel Guru Mnt Goat I address this question to guru Kaperoni who still thinks Iraq has to grow their economy first to get the current TRUE VALUE of their currency reflected in their rate. SO grow it to what standard? What is the benchmark when they would turn on their currency? Did they shut it off because of the war and so the war has been over for 20 years. Yes, that is Obama’s plan not Dr Shabibi and it is a bad plan and will not work. Iraq needs its currency to grow the country and it’s economy. [post 2 of 2]
9-7-2023 Newshound/Intel Guru Mnt Goat Iraq records the highest oil revenues since the start of 2023 which is also 2/3 more oil pumped than in 1991. The dinar rate in 1991 was over USD $3. So why is the currency still being under valued? Yes, it is important to get out of a “rentier economy” based solely on oil and this will also create yet more wealth. But what about right now...I am talking about today! Doesn’t the oil wealth mean anything? Doesn’t the 113 billion in reserves and 132 tons of gold mean anything? Not to mention all the minerals and agricultural products being exported. So why still at 1/6 of a penny? [post 1 of 2....stay tuned]
9-7-2023 Intel Guru MarkZ [via PDK] Question: If IQD and VND have agreements…will they not float up together? MarkZ: I do not expect a float. But, I am prepared in case there is one. I expect a substantial change in value …then maybe a small float.
9-6-2023 Newshound Guru Kaperoni I assure you the dong will also remain weak since Vietnams economy has to compete with China for mfg contracts.
9-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is now showing the CBI now has finger prints and web cameras when purchasing dollars for travel abroad. They're not letting anything slip anymore. The purpose Sudani said is the CBI is happy to do this because some people are still pulling tricks and getting away with buying and selling more dollars. This will help curtail this corruption. FRANK: Every form of corruption is being removed. And every form of corruption is stealing the Iraqi dinar.
9-6-2023 Newshound Guru Militia Man Article: "Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government's policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees..." ...People want their money. You have to ask the question, Why have they gone from July and into September and they're being placated. For what reason. What do they know is keeping them at bay? ...they're not going to stand for not getting paid...
9-6-2023 Newshound Guru Pimpy Looks like Russia and Saudi Arabia agreed together to keep [oil] production low until the end of 2023. This is definitely going to drive the price of gasoline up...As soon as that announcement was made, oil jumped up to above $90...
9-6-2023 Newshound Guru Clare Article: "Iraq maintains its credit rating with a stable outlook" Quote: "A report by Standard & Poor's Credit Rating Agency (S&P) revealed that Iraq maintained its credit rating at B - / B with a stable outlook, with an emphasis on financial and economic stability."
9-6-2023 Newshound Guru Breitling The [CBI] governor flat out said they cannot float the dinar...I think the governor of the CBI knows what he's talking about...
9-6-2023 Intel Guru MarkZ [via PDK] ...we are starting to see changes in bank values etc. But, not an open trade on them yet...We have seen this in the past and it’s our theory that they are preparing the process when we see those rate changes. Is this the one where they actually pull the trigger???...The banker side has a lot of anticipation for late this afternoon...We have bank personnel keeping us abreast if any of these currencies become “tradable”...We will see what materializes. [post 2 of 2]
9-6-2023 Intel Guru MarkZ [via PDK] There are interesting things showing on currency converters…from the Forbes one to the EIX…. There are some interesting values showing on many of our currencies... There are a lot of “inconsistencies” on currency calculators right now. We are seeing Bolivar made it up to .35 cents. (doesn’t mean you can exchange it right now) We tried... Dong rates have also been bouncing around... [post 1 of 2....stay tuned]
9-6-2023 Newshound Guru Kaperoni Article: "Tabaqchali: Banks to Fuel the Iraqi Market's Next Phase" A step to diversify Iraq's economy.
9-6-2023 Intel Guru Frank26 If we had about a million Americans citizens all of a sudden came out millionaires instantly that would be a really good shot in the arm for America's structure wouldn't it? It would...
9-6-2023 Newshound/Intel Guru Mnt Goat Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site. This is not true, however I believe this is their next target rate and maybe the last rate change prior to moving ahead once again aggressively with the plan for the reinstatement. Seems this dollar issue has stalled their plan for now but they will overcome it as they always do but it takes time.
9-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is now showing the CBI now has finger prints and web cameras when purchasing dollars for travel abroad. They're not letting anything slip anymore. The purpose Sudani said is the CBI is happy to do this because some people are still pulling tricks and getting away with buying and selling more dollars. This will help curtail this corruption. FRANK: Every form of corruption is being removed. And every form of corruption is stealing the Iraqi dinar.
9-6-2023 Newshound Guru Militia Man Article: "Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government's policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees..." ...People want their money. You have to ask the question, Why have they gone from July and into September and they're being placated. For what reason. What do they know is keeping them at bay? ...they're not going to stand for not getting paid...
9-6-2023 Newshound Guru Pimpy Looks like Russia and Saudi Arabia agreed together to keep [oil] production low until the end of 2023. This is definitely going to drive the price of gasoline up...As soon as that announcement was made, oil jumped up to above $90...
9-6-2023 Newshound Guru Clare Article: "Iraq maintains its credit rating with a stable outlook" Quote: "A report by Standard & Poor's Credit Rating Agency (S&P) revealed that Iraq maintained its credit rating at B - / B with a stable outlook, with an emphasis on financial and economic stability."
9-6-2023 Newshound Guru Breitling The [CBI] governor flat out said they cannot float the dinar...I think the governor of the CBI knows what he's talking about...
9-6-2023 Intel Guru MarkZ [via PDK] ...we are starting to see changes in bank values etc. But, not an open trade on them yet...We have seen this in the past and it’s our theory that they are preparing the process when we see those rate changes. Is this the one where they actually pull the trigger???...The banker side has a lot of anticipation for late this afternoon...We have bank personnel keeping us abreast if any of these currencies become “tradable”...We will see what materializes. [post 2 of 2]
9-6-2023 Intel Guru MarkZ [via PDK] There are interesting things showing on currency converters…from the Forbes one to the EIX…. There are some interesting values showing on many of our currencies... There are a lot of “inconsistencies” on currency calculators right now. We are seeing Bolivar made it up to .35 cents. (doesn’t mean you can exchange it right now) We tried... Dong rates have also been bouncing around... [post 1 of 2....stay tuned]
9-6-2023 Newshound Guru Kaperoni Article: "Tabaqchali: Banks to Fuel the Iraqi Market's Next Phase" A step to diversify Iraq's economy.
9-6-2023 Intel Guru Frank26 If we had about a million Americans citizens all of a sudden came out millionaires instantly that would be a really good shot in the arm for America's structure wouldn't it? It would...
9-6-2023 Newshound/Intel Guru Mnt Goat Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site. This is not true, however I believe this is their next target rate and maybe the last rate change prior to moving ahead once again aggressively with the plan for the reinstatement. Seems this dollar issue has stalled their plan for now but they will overcome it as they always do but it takes time.
9-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us the official rate technically is 1132. They say in news about budget has words in it saying the exchange rate will be adjusted. FRANK: The CBI told you this? FIREFLY: Yes...And it will be retro to January 1st... FRANK: This is Earth shattering. Powerful...If they lift the three zeros can you live with $1.13?
9-5-2023 Newshound Guru Pimpy For those of you buying dinar off eBay: 1. You better make sure they're not counterfeit dollars... 2. Make sure when you go to make your purchase that you're not spending way more money than the dinar is worth...just be very careful you're not paying way more than necessary...
9-5-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Frank26 says he knows someone with contracts in both Iraq and Vietnam who wanted to expand. His financial advisors told them wait…as both countries are about to change in a huge way. MarkZ: That would be accurate. The sheer amount of business those 2 countries do with each others currencies that both hold in their foreign currency reserves is huge. They have to both go at once. IMO.
9-5-2023 Intel Guru RayRen98 [via Babysmom] ..."ONE OF MY BEST SOURCES TELLING ME, "IT IS GOING TO POP AT ANY MINUTE".... ONE OF MY OTHER BEST SOURCES IS ALSO TELLING ME, "IT SHOULD BE SOMETIME TODAY"
9-5-2023 Newshound Guru Militia Man Now we see stuff about the oil and gas law which I don't think they're going to expose it. It could be 100% finalized until after an exchange rate change...the exchange rate is necessary for the oil and gas law...
9-5-2023 Newshound Guru Kaperoni There are two possible scenarios for the Iraqi dinar. One of which is not good for us as investors, which is a redenomination/LOP also referred to delete the three zeros. I believe much of this talk is just talk to curb speculation. This also could have been done years ago. The other option is to float the dinar which is the most logical option. Which allows the dinar to actually rise in value over time based on the growth of their own economic success, and increase in GDP. This is the most likely outcome.
9-5-2023 Newshound Guru Sandy Ingram Article: "Iran could attack Iraq beginning September 19th" Military actions could destabilize our currency investment. This is frightening. Six different Iranian-Kurdish political groups have established a presence in Iraq's Kurdistan region. Iran has accused these groups...of instigating and starting the protests that lasted months in Iran in September of 2022. More than 300 people were killed in the protests...No one doubts Iran will attack Iraq's northern Kurdistan region on September 19th.
9-5-2023 Intel Guru MarkZ [via PDK] We just need to get through the very end of what appears to be the end of our journey. They are doing a good job on keeping people quiet. They have cracked down even harder on leaks. They absolutely do not want anyone to know ahead of that money is moving. Still hearing from the Iraqi side that…politicians are talking about a 1 to 1 rate yesterday in Iraq. I certainly expect more than that. Lots of rumors from Iraq that we may see the new rate this week. Just try to stay grounded…the news is all over the place. Member comment: Some gurus say it will happen within 24-48 hours. Markz: A lot of people at the upper levels of the banking world are saying that….
9-5-2023 Newshound Guru Clare Question: "Do you think the Oil & Gas Law will get approved 1st or the Rate Change?" I think the rate could come any time, even first, because the major agreements to the HCL are met & that too is waiting for a rate (publicly). As you know, they don't tell us everything ...nor do they have to...
9-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] EYES: My Banker...says let me send you some emails...This Vietnam contract is real and a change is coming. He tells me once that change occurs within 24/hours the Vietnamese dong will also change to be economically fair to both Iraq and Vietnam. He says Vietnam has a lot of Iraqi dinars in reserves and Iraq has a lot of dongs in their reserves. They will not take advantage of each other...When a financial change occurs it will effect both the VND and IQD. This is a unilateral financial agreement...
9-5-2023 Intel Guru RayRen98 [via Babysmom] MEETINGS TOOK PLACE OVER THE WEEKEND, AGREEMENTS WERE MET, NEW DOCUMENTS NEEDED SIGNATURES. IT'S ALL A WRAP NOW.
9-5-2023 Intel Guru MarkZ [via PDK] My Iraqi contacts are hesitantly excited with expectations for this week. There are more and more confirmations that the government is using that 1132 rate with contractors right now. I feel pretty confident the CBI is starting to make moves. They have said before they would stabilize at that rate and then give us the big change we are looking for. We just need to wait and see what pops out of all this. The chatter is overwhelming right now that things have finished...
9-5-2023 Newshound Guru Pimpy For those of you buying dinar off eBay: 1. You better make sure they're not counterfeit dollars... 2. Make sure when you go to make your purchase that you're not spending way more money than the dinar is worth...just be very careful you're not paying way more than necessary...
9-5-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Frank26 says he knows someone with contracts in both Iraq and Vietnam who wanted to expand. His financial advisors told them wait…as both countries are about to change in a huge way. MarkZ: That would be accurate. The sheer amount of business those 2 countries do with each others currencies that both hold in their foreign currency reserves is huge. They have to both go at once. IMO.
9-5-2023 Intel Guru RayRen98 [via Babysmom] ..."ONE OF MY BEST SOURCES TELLING ME, "IT IS GOING TO POP AT ANY MINUTE".... ONE OF MY OTHER BEST SOURCES IS ALSO TELLING ME, "IT SHOULD BE SOMETIME TODAY"
9-5-2023 Newshound Guru Militia Man Now we see stuff about the oil and gas law which I don't think they're going to expose it. It could be 100% finalized until after an exchange rate change...the exchange rate is necessary for the oil and gas law...
9-5-2023 Newshound Guru Kaperoni There are two possible scenarios for the Iraqi dinar. One of which is not good for us as investors, which is a redenomination/LOP also referred to delete the three zeros. I believe much of this talk is just talk to curb speculation. This also could have been done years ago. The other option is to float the dinar which is the most logical option. Which allows the dinar to actually rise in value over time based on the growth of their own economic success, and increase in GDP. This is the most likely outcome.
9-5-2023 Newshound Guru Sandy Ingram Article: "Iran could attack Iraq beginning September 19th" Military actions could destabilize our currency investment. This is frightening. Six different Iranian-Kurdish political groups have established a presence in Iraq's Kurdistan region. Iran has accused these groups...of instigating and starting the protests that lasted months in Iran in September of 2022. More than 300 people were killed in the protests...No one doubts Iran will attack Iraq's northern Kurdistan region on September 19th.
9-5-2023 Intel Guru MarkZ [via PDK] We just need to get through the very end of what appears to be the end of our journey. They are doing a good job on keeping people quiet. They have cracked down even harder on leaks. They absolutely do not want anyone to know ahead of that money is moving. Still hearing from the Iraqi side that…politicians are talking about a 1 to 1 rate yesterday in Iraq. I certainly expect more than that. Lots of rumors from Iraq that we may see the new rate this week. Just try to stay grounded…the news is all over the place. Member comment: Some gurus say it will happen within 24-48 hours. Markz: A lot of people at the upper levels of the banking world are saying that….
9-5-2023 Newshound Guru Clare Question: "Do you think the Oil & Gas Law will get approved 1st or the Rate Change?" I think the rate could come any time, even first, because the major agreements to the HCL are met & that too is waiting for a rate (publicly). As you know, they don't tell us everything ...nor do they have to...
9-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] EYES: My Banker...says let me send you some emails...This Vietnam contract is real and a change is coming. He tells me once that change occurs within 24/hours the Vietnamese dong will also change to be economically fair to both Iraq and Vietnam. He says Vietnam has a lot of Iraqi dinars in reserves and Iraq has a lot of dongs in their reserves. They will not take advantage of each other...When a financial change occurs it will effect both the VND and IQD. This is a unilateral financial agreement...
9-5-2023 Intel Guru RayRen98 [via Babysmom] MEETINGS TOOK PLACE OVER THE WEEKEND, AGREEMENTS WERE MET, NEW DOCUMENTS NEEDED SIGNATURES. IT'S ALL A WRAP NOW.
9-5-2023 Intel Guru MarkZ [via PDK] My Iraqi contacts are hesitantly excited with expectations for this week. There are more and more confirmations that the government is using that 1132 rate with contractors right now. I feel pretty confident the CBI is starting to make moves. They have said before they would stabilize at that rate and then give us the big change we are looking for. We just need to wait and see what pops out of all this. The chatter is overwhelming right now that things have finished...
9-4-2023 Newshound Guru Kaperoni Guru Walkingstick thinks that the goal is for the Iraqi dinar to be on par at 1 to $1 with the US dollar. That's never going to happen overnight. Iraq doesn't have $80 trillion dollars when their entire net worth is only $16 trillion.
9-4-2023 Intel Guru Frank26 Question: "When the rate is released in Iraq will it go international at the same time?" Instantly it's everywhere. It will be national news. If there's a man on the moon, he'll read about it. If Hillary is on Mars, she'll know about it. Everybody, instantly. You'll wake up one morning and everybody will be talking about it. Everybody will be saying, 'You were right!' That's when it's going to get tough on you.
9-4-2023 Newshound Guru Pimpy Iraq has built a new central bank. It's a huge tall building. Nothing has changed except for their location.
9-4-2023 Intel Guru MarkZ [via PDK] There is certainly a lot of chatter saying it could be this week. The rumors are thick that the money is moving and started over this weekend. But, I cannot find anybody with that money in their pockets yet. I have received a lot of messages from a lot of people in positions and places that are saying “we are done” and it’s happening now… I guess we will find out throughout the day today and by tomorrow if things have moved or not...I do have a physical get together with one of my contacts later today. I am pretty excited about that one.
9-4-2023 Newshound Guru Militia Man Article: "Deal with the International Finance Corporation for the development and rehabilitation of the Baghdad International Airport" It's going to be just like the Saudi Arabia International Airport, Los Angeles International Airport. It's going be a big hub and they're gateway to the country...It shows a sign of sovereignty ...internationalism ...it's a massive thing...When it says it's going to qualify Baghdad as an international airport, it comes will a lot of different things. We're not talking about an international currency at 1310. It doesn't work that way...
9-4-2023 Newshound Guru Kaperoni Guru Militiaman thinks Iraq can just get their currency in line with IMF requirements and then change the exchange rate. Not going to happen. First off they need to get within 2% and hold it for over 90 days...Whether or not other financial institutions choose to do business with Iraq or not is based on Iraq's position within the IMF...Meeting IMF compliance requirements and then accepting Article VIII would put them on the same financial standing as most financial institutions...
9-4-2023 Newshound Guru Clare Article: "The Iraqi Central Bank is taking new measures to exchange dollars to travelers" Currency traders took advantage of this decision by collecting hundreds of passports from simple people and buying travel tickets and entry visas, in order to buy dollars at the official price and sell them at the parallel market price, collecting profits
estimated at millions of dinars daily.
9-4-2023 Intel Guru Frank26 ...They wanted from 2003 to now to come up with a fair number. My number would be $4.25. But...I'm not going to be greedy. As soon as I see that $3+ just like the rest of the Middle Eastern countries I'll jump on that man! Not all of it. That's the beauty. Even if you only have 1 million dinars, exchange half and hold on to the other half. Calculate. You're going to need a team..lawyers...advisers...your pastors...your family...seek council, make right decisions. Because...you can only make this decision one time...
9-4-2023 Guest Guru jmsca08 [Response to Guru Frank26 and Guru Breitling below] Want to make it clear: UAE is $1 = .27 cents USD not $3 + The Saudi is $1 = .26 cents USD not $3 + Now if you said Jordan yes JD1 = $1.41 USD. Oman Rial 1 = $2.59 USD. Baharian Dinar 1 = $2.65 USD. Kuwait Dinar 1 = $3.24 USD. This are Arabs country that are higher than the dollar.
9-4-2023 Intel Guru MarkZ [via PDK] The WTO is big and it’s been percolating in the back since January. My sources told me years ago that when we saw them join the WTO- then it was done. They would have to be fully international for that.
9-4-2023 Newshound Guru Militia Man I wrapped up this week talking about all the progress that has been made. What has been done since January. Big things like joining the World Trade organization as an observer status...which has been ongoing since 2004...in February to August we see they are gearing up for full ascension to the WTO and this is a big deal. They will be out in the world economy again and in the global financial system. My understanding is they have the security and stability in the country…enough that we can see all the countries making deals and doing things with Iraq. …Iraq is going to make a lot of money...once they have an article 8 exchange rate …that is required...For full ascension…all of us will have a different venue in a short period of time.
9-4-2023 Intel Guru Frank26 Question: "When the rate is released in Iraq will it go international at the same time?" Instantly it's everywhere. It will be national news. If there's a man on the moon, he'll read about it. If Hillary is on Mars, she'll know about it. Everybody, instantly. You'll wake up one morning and everybody will be talking about it. Everybody will be saying, 'You were right!' That's when it's going to get tough on you.
9-4-2023 Newshound Guru Pimpy Iraq has built a new central bank. It's a huge tall building. Nothing has changed except for their location.
9-4-2023 Intel Guru MarkZ [via PDK] There is certainly a lot of chatter saying it could be this week. The rumors are thick that the money is moving and started over this weekend. But, I cannot find anybody with that money in their pockets yet. I have received a lot of messages from a lot of people in positions and places that are saying “we are done” and it’s happening now… I guess we will find out throughout the day today and by tomorrow if things have moved or not...I do have a physical get together with one of my contacts later today. I am pretty excited about that one.
9-4-2023 Newshound Guru Militia Man Article: "Deal with the International Finance Corporation for the development and rehabilitation of the Baghdad International Airport" It's going to be just like the Saudi Arabia International Airport, Los Angeles International Airport. It's going be a big hub and they're gateway to the country...It shows a sign of sovereignty ...internationalism ...it's a massive thing...When it says it's going to qualify Baghdad as an international airport, it comes will a lot of different things. We're not talking about an international currency at 1310. It doesn't work that way...
9-4-2023 Newshound Guru Kaperoni Guru Militiaman thinks Iraq can just get their currency in line with IMF requirements and then change the exchange rate. Not going to happen. First off they need to get within 2% and hold it for over 90 days...Whether or not other financial institutions choose to do business with Iraq or not is based on Iraq's position within the IMF...Meeting IMF compliance requirements and then accepting Article VIII would put them on the same financial standing as most financial institutions...
9-4-2023 Newshound Guru Clare Article: "The Iraqi Central Bank is taking new measures to exchange dollars to travelers" Currency traders took advantage of this decision by collecting hundreds of passports from simple people and buying travel tickets and entry visas, in order to buy dollars at the official price and sell them at the parallel market price, collecting profits
estimated at millions of dinars daily.
9-4-2023 Intel Guru Frank26 ...They wanted from 2003 to now to come up with a fair number. My number would be $4.25. But...I'm not going to be greedy. As soon as I see that $3+ just like the rest of the Middle Eastern countries I'll jump on that man! Not all of it. That's the beauty. Even if you only have 1 million dinars, exchange half and hold on to the other half. Calculate. You're going to need a team..lawyers...advisers...your pastors...your family...seek council, make right decisions. Because...you can only make this decision one time...
9-4-2023 Guest Guru jmsca08 [Response to Guru Frank26 and Guru Breitling below] Want to make it clear: UAE is $1 = .27 cents USD not $3 + The Saudi is $1 = .26 cents USD not $3 + Now if you said Jordan yes JD1 = $1.41 USD. Oman Rial 1 = $2.59 USD. Baharian Dinar 1 = $2.65 USD. Kuwait Dinar 1 = $3.24 USD. This are Arabs country that are higher than the dollar.
9-4-2023 Intel Guru MarkZ [via PDK] The WTO is big and it’s been percolating in the back since January. My sources told me years ago that when we saw them join the WTO- then it was done. They would have to be fully international for that.
9-4-2023 Newshound Guru Militia Man I wrapped up this week talking about all the progress that has been made. What has been done since January. Big things like joining the World Trade organization as an observer status...which has been ongoing since 2004...in February to August we see they are gearing up for full ascension to the WTO and this is a big deal. They will be out in the world economy again and in the global financial system. My understanding is they have the security and stability in the country…enough that we can see all the countries making deals and doing things with Iraq. …Iraq is going to make a lot of money...once they have an article 8 exchange rate …that is required...For full ascension…all of us will have a different venue in a short period of time.
9-3-2023 Intel Guru Frank26 ...If they lift 3-zeros that's still not enough because that would be at a 1 to 1. They need this thing to float...IMO I think the Iraqi dinar will at least come out at 1 to 1 because that's what they say. Then I believe deep IMO they are going to float this currency. That's when it's going to get tough on you. You're going to be so tempted to go to the bank and exchange everything you've got at 1 to 1. Wouldn't you like to exchange at 2 to 1? 3 to 1?...I believe 1 to 1 is their goal but the hard part is for you to decide if you want to exchange at a higher exchange rate... [Post 2 of 2]
9-3-2023 Intel Guru Frank26 Question: "What do you think the rate should be?" You have to understand this is a Middle Eastern currency. Do you think it should have the value it has now? Of course not...Saudi Arabia what's your exchange rate to the dollar? $3 plus. UAE what's your exchange rate to the dollar? $3 plus. Saudi Arabia...what's your exchange rate to the American dollar? $3 plus. Do you get my point? [Post 1 of 2....stay tuned]
9-3-2023 Newshound Guru Kaperoni The CBI needs to free itself and move to IMF Article VIII but in order for that to occur they need to meet IMF compliance before they can accept Article VIII. Part of that compliance is maintaining the exchange rate within 2%...Iraq has had trouble doing this. Until they figure out how to make a stable exchange rate within country I don't see them accepting obligations of Article VIII...
9-3-2023 Newshound Guru Breitling As far as Iraq revaluing their currency there is no more problems...If they're going to be regional you've got to look at Iran, Saudi Arabia, all these local currencies...and you can average out the value of the currencies of the Middle East...They need to maintain that balance. Either way it's going to be a major revaluation.
9-3-2023 Intel Guru MarkZ [via PDK] ...with the extended holiday this week between now and Thursday the indicators seem to be really coming together. We see that 1132 rate all the time behind the scenes...but the CBI has a different rate that is published.
9-3-2023 Newshound Guru Pimpy Somebody reached out to me and said, 'Pimpy what do you think of this [Ebay] deal?' For $37 you get 5,000 dinar...5,000 dinar is equal to what? $3.80. Don't get caught up or trapped in that kind of thing. Make sure when you're buying dinars you're not spending a ridiculous amount of money higher than the actual value...
9-3-2023 Newshound Guru Militia Man Iraq is ready to go international. What we're hoping and praying for is they show us an Article VIII compliant exchange rate and show us their new currency they're going to be using in the near future. I think those new small category notes that were printed back in 2018 need to get exposed to the world...
9-3-2023 Intel Guru Frank26 I have a dear friend who used to be military...but still works indirectly. Therefore consider my friend to have contractual agreements. These contractual agreements are with Iraq and Vietnam. My friend calls me and say, 'Frank, I'm ready to expand...but my financial people are telling me wait...There is a major financial change that is about to occur and we think it would be wise for you to just wait. You see Iraq has a lot of dong in their reserves and Vietnam Central Bank has a lot of Iraqi dinar in their reserves.' Something is happening.
9-3-2023 Newshound/Intel Guru Mnt Goat Article: "SPECIALISTS CALL FOR A REVIEW OF THE IRAQI FINANCIAL SYSTEM" Quote: "...the financial and administrative system in Iraq needs to be restructured..." ...of course Iraq does not need all these structural changes to reinstate their currency as the value is already in the dinar with the oil market. Building the economy will only enhance the dinar and bring the rate up even more...
9-3-2023 Intel Guru Frank26 Question: "What do you think the rate should be?" You have to understand this is a Middle Eastern currency. Do you think it should have the value it has now? Of course not...Saudi Arabia what's your exchange rate to the dollar? $3 plus. UAE what's your exchange rate to the dollar? $3 plus. Saudi Arabia...what's your exchange rate to the American dollar? $3 plus. Do you get my point? [Post 1 of 2....stay tuned]
9-3-2023 Newshound Guru Kaperoni The CBI needs to free itself and move to IMF Article VIII but in order for that to occur they need to meet IMF compliance before they can accept Article VIII. Part of that compliance is maintaining the exchange rate within 2%...Iraq has had trouble doing this. Until they figure out how to make a stable exchange rate within country I don't see them accepting obligations of Article VIII...
9-3-2023 Newshound Guru Breitling As far as Iraq revaluing their currency there is no more problems...If they're going to be regional you've got to look at Iran, Saudi Arabia, all these local currencies...and you can average out the value of the currencies of the Middle East...They need to maintain that balance. Either way it's going to be a major revaluation.
9-3-2023 Intel Guru MarkZ [via PDK] ...with the extended holiday this week between now and Thursday the indicators seem to be really coming together. We see that 1132 rate all the time behind the scenes...but the CBI has a different rate that is published.
9-3-2023 Newshound Guru Pimpy Somebody reached out to me and said, 'Pimpy what do you think of this [Ebay] deal?' For $37 you get 5,000 dinar...5,000 dinar is equal to what? $3.80. Don't get caught up or trapped in that kind of thing. Make sure when you're buying dinars you're not spending a ridiculous amount of money higher than the actual value...
9-3-2023 Newshound Guru Militia Man Iraq is ready to go international. What we're hoping and praying for is they show us an Article VIII compliant exchange rate and show us their new currency they're going to be using in the near future. I think those new small category notes that were printed back in 2018 need to get exposed to the world...
9-3-2023 Intel Guru Frank26 I have a dear friend who used to be military...but still works indirectly. Therefore consider my friend to have contractual agreements. These contractual agreements are with Iraq and Vietnam. My friend calls me and say, 'Frank, I'm ready to expand...but my financial people are telling me wait...There is a major financial change that is about to occur and we think it would be wise for you to just wait. You see Iraq has a lot of dong in their reserves and Vietnam Central Bank has a lot of Iraqi dinar in their reserves.' Something is happening.
9-3-2023 Newshound/Intel Guru Mnt Goat Article: "SPECIALISTS CALL FOR A REVIEW OF THE IRAQI FINANCIAL SYSTEM" Quote: "...the financial and administrative system in Iraq needs to be restructured..." ...of course Iraq does not need all these structural changes to reinstate their currency as the value is already in the dinar with the oil market. Building the economy will only enhance the dinar and bring the rate up even more...
9-2-2023 Newshound Guru Kaperoni Community Comment "The US is
allowing the dinars (we hold) to go directly to the us treasury against the Iraqi debt to the US." Bullshit.
9-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: President of Iraq on TV news saying we are in a state of high economic stability. FRANK: What is that a warning!?! That's beautiful...that means you can have your new exchange rate if you want it...You are being educated.
9-2-2023 Newshound/Intel Guru Walkingstick The goal is to be 1 to 1 with the USD...
9-2-2023 Newshound Guru Breitling There's nothing wrong with cheering the dinar is going to revalue. There's nothing wrong with being wrong if it doesn't revalue. BTW I don't think I'm wrong. It's a principled based investment and there's plenty of future coming for the Iraqi dinar. Trust me, there just is...
9-2-2023 Newshound Guru Kaperoni Community comment "Who cares what the Dinar is for, as long as long as the Treasury wants it from us. This is what Kap has missed all these years. EO 13303 says it all" 13303 has nothing to do with the dinar. I've been studying Iraq for almost 18 years, you've been misled... Unlikely your dinar will ever go to the US Treasury. Various other central banks around the world, maybe.
9-2-2023 Intel Guru MarkZ [via PDK] Redemption folks working a few short hours tomorrow. That does not mean we are redeeming this weekend…but it’s a good sign... We continue to get good news from Iraq…They are on a holiday from now until Thursday. This would give them a tremendous opportunity …and a lot of chatter in Iraq that they are going to take this opportunity this week to put things into place...Many indicators from Iraq about next week.
9-2-2023 Newshound Guru Pimpy Article: "Record number of new firms seen in eight months" This is great news for Vietnam, their economy as well as their currency. As long as the economy continues to get strong we will see the exchange rate increase over the US dollar.
9-2-2023 Newshound/Intel Militia Man It hasn't been their job to tell us everything. It's because we're outsiders. It's their country and they keep it to themselves as best as they possibly can. We should be able to understand that that's a big component of this whole process...
9-2-2023 Newshound/Intel Frank It's not like you're going to need a receipt [from when you bought your dinars] when you exchange. No body at at a bank is going to say, 'Greetings, Mr. Smith. You have a million dinars, let me see your receipt.' All they care about is, let me see the dinar. And you say, 'Here's my certificate of authenticity.' Well you can take that and throw it in the garbage. Look, we'll [The bank] tell you if these dinar are good are not...
9-2-2023 Newshound/Intel Guru Mnt Goat Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But...They have told me over and over again that when they get ready to do it there will be no secrets to the progress of the project to delete the zeros. This step will be announced and shown to the world... But here is the good news, The “secret” lies...in the redenomination in that the next step afterwards is the reinstatement and the liberalization of the dinar back to its “former glory”. [post 2 of 2]
9-2-2023 Newshound/Intel Guru Mnt Goat ...according to my conversation with my CBI contact in Iraq...I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq...There is still work to be done in this area. It was also confirmed to me that the CBI did intend to conduct the project to delete the zeros sooner than later but there are obstacles to moving ahead that still need work. [post 1 of 2....stay tuned]
allowing the dinars (we hold) to go directly to the us treasury against the Iraqi debt to the US." Bullshit.
9-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: President of Iraq on TV news saying we are in a state of high economic stability. FRANK: What is that a warning!?! That's beautiful...that means you can have your new exchange rate if you want it...You are being educated.
9-2-2023 Newshound/Intel Guru Walkingstick The goal is to be 1 to 1 with the USD...
9-2-2023 Newshound Guru Breitling There's nothing wrong with cheering the dinar is going to revalue. There's nothing wrong with being wrong if it doesn't revalue. BTW I don't think I'm wrong. It's a principled based investment and there's plenty of future coming for the Iraqi dinar. Trust me, there just is...
9-2-2023 Newshound Guru Kaperoni Community comment "Who cares what the Dinar is for, as long as long as the Treasury wants it from us. This is what Kap has missed all these years. EO 13303 says it all" 13303 has nothing to do with the dinar. I've been studying Iraq for almost 18 years, you've been misled... Unlikely your dinar will ever go to the US Treasury. Various other central banks around the world, maybe.
9-2-2023 Intel Guru MarkZ [via PDK] Redemption folks working a few short hours tomorrow. That does not mean we are redeeming this weekend…but it’s a good sign... We continue to get good news from Iraq…They are on a holiday from now until Thursday. This would give them a tremendous opportunity …and a lot of chatter in Iraq that they are going to take this opportunity this week to put things into place...Many indicators from Iraq about next week.
9-2-2023 Newshound Guru Pimpy Article: "Record number of new firms seen in eight months" This is great news for Vietnam, their economy as well as their currency. As long as the economy continues to get strong we will see the exchange rate increase over the US dollar.
9-2-2023 Newshound/Intel Militia Man It hasn't been their job to tell us everything. It's because we're outsiders. It's their country and they keep it to themselves as best as they possibly can. We should be able to understand that that's a big component of this whole process...
9-2-2023 Newshound/Intel Frank It's not like you're going to need a receipt [from when you bought your dinars] when you exchange. No body at at a bank is going to say, 'Greetings, Mr. Smith. You have a million dinars, let me see your receipt.' All they care about is, let me see the dinar. And you say, 'Here's my certificate of authenticity.' Well you can take that and throw it in the garbage. Look, we'll [The bank] tell you if these dinar are good are not...
9-2-2023 Newshound/Intel Guru Mnt Goat Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But...They have told me over and over again that when they get ready to do it there will be no secrets to the progress of the project to delete the zeros. This step will be announced and shown to the world... But here is the good news, The “secret” lies...in the redenomination in that the next step afterwards is the reinstatement and the liberalization of the dinar back to its “former glory”. [post 2 of 2]
9-2-2023 Newshound/Intel Guru Mnt Goat ...according to my conversation with my CBI contact in Iraq...I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq...There is still work to be done in this area. It was also confirmed to me that the CBI did intend to conduct the project to delete the zeros sooner than later but there are obstacles to moving ahead that still need work. [post 1 of 2....stay tuned]
9-1-2023 Intel Guru Frank26 You still see whatever you see as the exchange rate on the CBI website. You can go to the...airport and it's still at 13-whatever. But you see the [CBI] articles tell you, 'Our official exchange rate is 1132...' I'm going to believe the CBI. I'm going to say, 'Yes sir, understood!'
9-1-2023 Newshound Guru Kaperoni [I have] always believed the dinar can rise in value significantly but it's not going to happen overnight. If the dinar is going to rise it will rise gradually as a result from the success and growth of Iraq's own economy...private sector investments and of course an increase in their GDP. In order for that to work Iraq needs to make the dinar their main currency in Iraq...and implement their new Securities Law...and they can begin to float the dinar...
9-1-2023 Intel Guru Bruce [via WiserNow] Now what we believe we have is ability to move forward...with our notifications on the first of September. However, it could be that we're notified...[Friday] or Saturday, but it looks more like [Friday] with a start of exchanges to be on Saturday...Things can happen even over Labor Day weekend. At least that's what we're hearing that we can get started...the good news is...that we should be notified...[Friday] after markets close...This thing is looking like we're finally... reaching the end of what we've been waiting for...
9-1-2023 Guest Guru ToyVP Article: "Iraq rises to 49th in global economies ranking for 2023" Quote: "Iraq has climbed to the 49th position in the list of the world's largest economies for the year 2023, a notable advancement from its 52nd rank in the previous year, as per a report by the International Monetary Fund (IMF)...Iraq has secured the fourth spot among Arab countries for the second consecutive year."
9-1-2023 Intel Guru Frank26 This monetary reform is taking the IQD to places of international affairs that are no longer sanctioned. The IQD they say will be king as the USD steps back in the banking structure of Iraq and now in the whole Middle East...Then Alaq caps this report by saying we are increasing out capital. What do you think that means? That means they are going to increase your currency count with new lower denomination notes...Doesn't get any better than that.
9-1-2023 Newshound Guru Samson Article: "Iraqi-American" judicial negotiations to extradite those accused of "theft of the century"
9-1-2023 Intel Guru MarkZ [via PDK] Question: Can Iraq do everything in their budget with the 1100 rate that is going now? MarkZ answer: No, it will be in the hole if they do it with the 1132 rate...but it gets them a lot closer though. Question: What do you estimate the NEER [Nominal Effective Exchange Rate] rate would be necessary to do their projects? MarkZ answer: About $1.30 based on all the math that we have done, that many have done, would be the cheapest NEER rate that they can get away with, but then again they won't be able to achieve the final value that they want if the come in that low.
9-1-2023 Newshound Guru Militia Man What's this business about this 1132 that Alaq mentioned? Alaq is the central bank governor...He said the official exchange rate for the Iraqi currency is 1132...A lot of people are going, 'Well that's not true!'. The fact remains...he said it...as the official rate of the Iraq dinar but it's not on their website. I'm not making it up. I'm not giving you accusations...it's proved...
9-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Tax authority saying getting things in place to never have another 'Crime of the Century' FRANK: Security and stability, that's how you're going to get your new exchange rate.
9-1-2023 Intel Guru Texas Snake On Wed. 30 Aug, very positive news about appointment notifications possibly being released. A banker was told to have all his trained exchange personnel at their exchange locations starting Wednesday and forth going.
9-1-2023 Newshound Guru Kaperoni [I have] always believed the dinar can rise in value significantly but it's not going to happen overnight. If the dinar is going to rise it will rise gradually as a result from the success and growth of Iraq's own economy...private sector investments and of course an increase in their GDP. In order for that to work Iraq needs to make the dinar their main currency in Iraq...and implement their new Securities Law...and they can begin to float the dinar...
9-1-2023 Intel Guru Bruce [via WiserNow] Now what we believe we have is ability to move forward...with our notifications on the first of September. However, it could be that we're notified...[Friday] or Saturday, but it looks more like [Friday] with a start of exchanges to be on Saturday...Things can happen even over Labor Day weekend. At least that's what we're hearing that we can get started...the good news is...that we should be notified...[Friday] after markets close...This thing is looking like we're finally... reaching the end of what we've been waiting for...
9-1-2023 Guest Guru ToyVP Article: "Iraq rises to 49th in global economies ranking for 2023" Quote: "Iraq has climbed to the 49th position in the list of the world's largest economies for the year 2023, a notable advancement from its 52nd rank in the previous year, as per a report by the International Monetary Fund (IMF)...Iraq has secured the fourth spot among Arab countries for the second consecutive year."
9-1-2023 Intel Guru Frank26 This monetary reform is taking the IQD to places of international affairs that are no longer sanctioned. The IQD they say will be king as the USD steps back in the banking structure of Iraq and now in the whole Middle East...Then Alaq caps this report by saying we are increasing out capital. What do you think that means? That means they are going to increase your currency count with new lower denomination notes...Doesn't get any better than that.
9-1-2023 Newshound Guru Samson Article: "Iraqi-American" judicial negotiations to extradite those accused of "theft of the century"
9-1-2023 Intel Guru MarkZ [via PDK] Question: Can Iraq do everything in their budget with the 1100 rate that is going now? MarkZ answer: No, it will be in the hole if they do it with the 1132 rate...but it gets them a lot closer though. Question: What do you estimate the NEER [Nominal Effective Exchange Rate] rate would be necessary to do their projects? MarkZ answer: About $1.30 based on all the math that we have done, that many have done, would be the cheapest NEER rate that they can get away with, but then again they won't be able to achieve the final value that they want if the come in that low.
9-1-2023 Newshound Guru Militia Man What's this business about this 1132 that Alaq mentioned? Alaq is the central bank governor...He said the official exchange rate for the Iraqi currency is 1132...A lot of people are going, 'Well that's not true!'. The fact remains...he said it...as the official rate of the Iraq dinar but it's not on their website. I'm not making it up. I'm not giving you accusations...it's proved...
9-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Tax authority saying getting things in place to never have another 'Crime of the Century' FRANK: Security and stability, that's how you're going to get your new exchange rate.
9-1-2023 Intel Guru Texas Snake On Wed. 30 Aug, very positive news about appointment notifications possibly being released. A banker was told to have all his trained exchange personnel at their exchange locations starting Wednesday and forth going.
8-31-2023 Intel Guru Frank26 The end of September is the end of a quarter. April is the beginning of a quarter...will they do it by the end of the quarter? Let's find out.
8-31-2023 Newshound Guru Pimpy The future looks promising for Iraq it's just that every time we try to get to a good point one thing after another pops up preventing Iraqi people from being prosperous. But I still have faith in Iraq and I still keep their currency and so should you...I believe the Iraqi dinar will go up in increments. I still believe that today and I will still hold on to my Iraqi dinar because I do think it's a good investment.
8-31-2023 Newshound Guru Kaperoni Guru Mtn Goat [See Guru Mnt Goat's Post 8-30-2023] keeps talking about Iraq's plan to drop the zeros...Yes there is such a plan, but it is a LOP and not what we want. Only with the success and growth of Iraq's own economy and GDP can the dinar ever go up in value.
8-31-2023 Newshound Guru Sandy Ingram Article: "CBI Governor Receives World Bank Delegation" The Central Bank of Iraq received high-ranking World Bank delegation headed by the Vice President of the World Bank for the Middle East and North Africa...They discussed the Central Banks of Iraq's money transfers in compliance with International standards...
8-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...the amount of corruption they are uncovering is astonishing to the one in charge of cleaning up all this and Iraq they say is determined to clean the swamp before any movement of a rate change. The corruption is far reaching and must be dealt with.
8-31-2023 Intel Guru MarkZ ...RV news...chatter among the banking folks... possible within the next 72 hours is the chatter amongst bankers and groups...government contacts think as far out as the 9th, that is what they are hearing right now, banking contacts think we are much closer than that...my redemption contacts are working on Sunday, which is unusual...
8-31-2023 Newshound Guru Militia Man You're going from an old style to a new style in this new world economy...the triple zero notes aren't going to be a thing of the future. They're going to be a thing of the past...
8-31-2023 Intel Guru Frank26 It's the World Bank that is constantly meeting with the CBI governor and Sudani right now. The reason why is because of the reforms...They can't make it any more clear...They are making sure Iraq is set up with external transfers. This is all for the banking reform education.
8-31-2023 Newshound/Intel Guru Mnt Goat ...over the years we have seen the dinar rate change but this is an “artificially” manipulated rate and not a “free” float. This is important concept to understand. A free float is subjected to investors buying and selling a currency or stock on the open and free international market. The demand drives up the rate...
8-31-2023 Intel Guru Bruce [via WiserNow] ...everything is moving in the direction we want it to move...in terms of timing, there have been meetings ...big meetings with redemption center and some of the top bank personnel ...And ...this particular meeting had a top tier treasury person on the call...this particular information that we received, We actually had it prior to this call, but the call verified it to us. We got it...from another couple of sources and the gist of it is that we should be notified by...Thursday, which is the 31st. And we should start our exchanges either Thursday, or Friday, which is the first of September...Intel is aiming to come together to bring this finally to fruition...We're excited about it.
8-31-2023 Newshound Guru Pimpy The future looks promising for Iraq it's just that every time we try to get to a good point one thing after another pops up preventing Iraqi people from being prosperous. But I still have faith in Iraq and I still keep their currency and so should you...I believe the Iraqi dinar will go up in increments. I still believe that today and I will still hold on to my Iraqi dinar because I do think it's a good investment.
8-31-2023 Newshound Guru Kaperoni Guru Mtn Goat [See Guru Mnt Goat's Post 8-30-2023] keeps talking about Iraq's plan to drop the zeros...Yes there is such a plan, but it is a LOP and not what we want. Only with the success and growth of Iraq's own economy and GDP can the dinar ever go up in value.
8-31-2023 Newshound Guru Sandy Ingram Article: "CBI Governor Receives World Bank Delegation" The Central Bank of Iraq received high-ranking World Bank delegation headed by the Vice President of the World Bank for the Middle East and North Africa...They discussed the Central Banks of Iraq's money transfers in compliance with International standards...
8-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...the amount of corruption they are uncovering is astonishing to the one in charge of cleaning up all this and Iraq they say is determined to clean the swamp before any movement of a rate change. The corruption is far reaching and must be dealt with.
8-31-2023 Intel Guru MarkZ ...RV news...chatter among the banking folks... possible within the next 72 hours is the chatter amongst bankers and groups...government contacts think as far out as the 9th, that is what they are hearing right now, banking contacts think we are much closer than that...my redemption contacts are working on Sunday, which is unusual...
8-31-2023 Newshound Guru Militia Man You're going from an old style to a new style in this new world economy...the triple zero notes aren't going to be a thing of the future. They're going to be a thing of the past...
8-31-2023 Intel Guru Frank26 It's the World Bank that is constantly meeting with the CBI governor and Sudani right now. The reason why is because of the reforms...They can't make it any more clear...They are making sure Iraq is set up with external transfers. This is all for the banking reform education.
8-31-2023 Newshound/Intel Guru Mnt Goat ...over the years we have seen the dinar rate change but this is an “artificially” manipulated rate and not a “free” float. This is important concept to understand. A free float is subjected to investors buying and selling a currency or stock on the open and free international market. The demand drives up the rate...
8-31-2023 Intel Guru Bruce [via WiserNow] ...everything is moving in the direction we want it to move...in terms of timing, there have been meetings ...big meetings with redemption center and some of the top bank personnel ...And ...this particular meeting had a top tier treasury person on the call...this particular information that we received, We actually had it prior to this call, but the call verified it to us. We got it...from another couple of sources and the gist of it is that we should be notified by...Thursday, which is the 31st. And we should start our exchanges either Thursday, or Friday, which is the first of September...Intel is aiming to come together to bring this finally to fruition...We're excited about it.
8-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report]
FIREFLY: Two urgent decisions have been made to enhance the ability
of the dinar against foreign currency. FRANK: IMO those two are
your new exchange rate and lower denomination notes.
8-30-2023 Newshound/Intel Guru Walkingstick The exchange rate
numbers on the CBI website are not solid. They're optics at this
time because the CBI does not have to show true exchange numbers until
they go international. Therefor 1132 is real, not 1320. The official rate is 1132...
8-30-2023 Newshound Guru Breitling Warka Bank...what's
happening is the Central Bank of Iraq has told Warka you guys need to
come up with $500 million in assets...or 50 billion in dinar.
Otherwise you're going to get liquidated or merged with another
bank...Your dinar is covered. It's insured. It has nothing to do
with anything. That's what's going on with Warka.
8-30-2023 Guest Guru Math Blaster Article "The region is
"resentful" of Baghdad: We do not have the money to pay salaries...
Where are the budget allocations?" No worries.. It will get done..
Possibly this week, or into the weekend... They will not allow for
this to get out of hand...But we can certainly surmise that it seems
that they are waiting on the new rate before payment is made... This
has certainly been an interesting venture. But in the end timed
perfectly... Have to admit that those who have not been paid for the
last few months have certainly shown a tremendous amount of restraint.
8-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor has met again with parliament...They talked about the exchange rate...They actually told them about the exchange rate and the rise of the dollar and the struggles it has to overcome this dollar dominance. They presented solutions yet saying the dollar is going to be forbidden and the stability of the dinar is a major concern. FRANK: Yeah, you know what the solution is and you know the stability will come because of the solution.
8-30-2023 Intel/Newshound Guru Babysmom Ray's [Guru RayRen98] Tuesday Evening Updates: "MEMOS, MEMOS, MEMOS! BANKS ARE GETTING THEM, THREE LETTER AGENCIES ARE GETTING THEM, MAYBE...I WILL GET ONE SOON?...SOME MEMOS ARE GIVING AN EXACT DAY BUT NO TIME FRAME, OTHER MEMOS ARE NOT..."
8-30-2023 Newshound Guru Pimpy Iraq still has sanctions on their money, which is a big deal to us because if you are invested the currency it makes it really hard for the currency to go up in value when there are certain types of sanctions on there...Yes there are sanctions...which means every time Iraq does something with their currency they have to clear it first with the United States...
8-30-2023 Intel Guru MarkZ I'm not getting anything negative...I still have group leaders that think we are going to break all speed records and still think we will get things done in the month of August, between now and tomorrow night at midnight. They are going to have to do something quickly if they are going to meet those deadlines...it's encouraging.
8-30-2023 Newshound Guru Militia Man Article: "Kurdistan Presidency Office: Baghdad's failure to send financial dues to the region is unfair" There is far more to this story in this than what meets the eyes. They'll need the salaries quickly or it is going to get iffy.. lol We can see that there is a reason for them not getting the salaries yet. They'll need the new exchange rate to be allocated.. imo.. Seems fairly obvious now.
8-30-2023 Guest Guru Suzie Article: "Basra Oil announces the activation of the four "Total" contracts" This would "imply" to me a rate change should be forthcoming as we were told months ago that Total wouldn't go into these contracts on a "tp" rate...
8-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's more meetings behind closed doors with high ranking bank officials across the board. Everybody you can think of is there with the World Bank and the CBI. This is two days in a row bank official are here. FRANK: ...They are talking about the new exchange rate...Sudani is telling all foreign investors Iraq is a great investment. He's telling them to invest inside Iraq...
8-30-2023 Newshound/Intel Guru Mnt Goat This is why we need them to issue the lower denominations. So, when they do reach around 1000 program rate (probably more like just under 1000) they plan to drop the zeros. The rate then changes by just moving the decimal place over by 3...It is really that simple...this in-country RV rate will not remain long. They will then move to FOREX after waiting a period of time as they “adjust for inflation”, which they are now doing. This is right out of Dr Shabibi’s plan. In each country, for instance the USA, will have an exchange rate for the dinar based on their economy and currency being exchanged. [post 3 of 3]
8-30-2023 Newshound/Intel Guru Mnt Goat The IMF and the CBI told us years ago they are not going to swap out the 3 zeros notes for the newer lower denominations at a fraction of the value. The 3 notes will be “legal tender” for up to 10 years but not in general circulation and used primarily for interbank transactions...The banks call this “public” vs “institutional” use.
[post 2 of 3....stay tuned]
8-30-2023 Newshound/Intel Guru Mnt Goat I presented scenarios to you in the past about the rate of these 3 zero notes...the rate is already close to 1:1 only they added 3 zeros to the currency. By adding these three zeros it circumvents any real profit for us investors until they delete the zeros and issue the newer notes. Our 3 zero notes then will still be valid currency, thus we multiply the new rate times the notes face value. [post 1 of 3....stay tuned]
FIREFLY: Two urgent decisions have been made to enhance the ability
of the dinar against foreign currency. FRANK: IMO those two are
your new exchange rate and lower denomination notes.
8-30-2023 Newshound/Intel Guru Walkingstick The exchange rate
numbers on the CBI website are not solid. They're optics at this
time because the CBI does not have to show true exchange numbers until
they go international. Therefor 1132 is real, not 1320. The official rate is 1132...
8-30-2023 Newshound Guru Breitling Warka Bank...what's
happening is the Central Bank of Iraq has told Warka you guys need to
come up with $500 million in assets...or 50 billion in dinar.
Otherwise you're going to get liquidated or merged with another
bank...Your dinar is covered. It's insured. It has nothing to do
with anything. That's what's going on with Warka.
8-30-2023 Guest Guru Math Blaster Article "The region is
"resentful" of Baghdad: We do not have the money to pay salaries...
Where are the budget allocations?" No worries.. It will get done..
Possibly this week, or into the weekend... They will not allow for
this to get out of hand...But we can certainly surmise that it seems
that they are waiting on the new rate before payment is made... This
has certainly been an interesting venture. But in the end timed
perfectly... Have to admit that those who have not been paid for the
last few months have certainly shown a tremendous amount of restraint.
8-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor has met again with parliament...They talked about the exchange rate...They actually told them about the exchange rate and the rise of the dollar and the struggles it has to overcome this dollar dominance. They presented solutions yet saying the dollar is going to be forbidden and the stability of the dinar is a major concern. FRANK: Yeah, you know what the solution is and you know the stability will come because of the solution.
8-30-2023 Intel/Newshound Guru Babysmom Ray's [Guru RayRen98] Tuesday Evening Updates: "MEMOS, MEMOS, MEMOS! BANKS ARE GETTING THEM, THREE LETTER AGENCIES ARE GETTING THEM, MAYBE...I WILL GET ONE SOON?...SOME MEMOS ARE GIVING AN EXACT DAY BUT NO TIME FRAME, OTHER MEMOS ARE NOT..."
8-30-2023 Newshound Guru Pimpy Iraq still has sanctions on their money, which is a big deal to us because if you are invested the currency it makes it really hard for the currency to go up in value when there are certain types of sanctions on there...Yes there are sanctions...which means every time Iraq does something with their currency they have to clear it first with the United States...
8-30-2023 Intel Guru MarkZ I'm not getting anything negative...I still have group leaders that think we are going to break all speed records and still think we will get things done in the month of August, between now and tomorrow night at midnight. They are going to have to do something quickly if they are going to meet those deadlines...it's encouraging.
8-30-2023 Newshound Guru Militia Man Article: "Kurdistan Presidency Office: Baghdad's failure to send financial dues to the region is unfair" There is far more to this story in this than what meets the eyes. They'll need the salaries quickly or it is going to get iffy.. lol We can see that there is a reason for them not getting the salaries yet. They'll need the new exchange rate to be allocated.. imo.. Seems fairly obvious now.
8-30-2023 Guest Guru Suzie Article: "Basra Oil announces the activation of the four "Total" contracts" This would "imply" to me a rate change should be forthcoming as we were told months ago that Total wouldn't go into these contracts on a "tp" rate...
8-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's more meetings behind closed doors with high ranking bank officials across the board. Everybody you can think of is there with the World Bank and the CBI. This is two days in a row bank official are here. FRANK: ...They are talking about the new exchange rate...Sudani is telling all foreign investors Iraq is a great investment. He's telling them to invest inside Iraq...
8-30-2023 Newshound/Intel Guru Mnt Goat This is why we need them to issue the lower denominations. So, when they do reach around 1000 program rate (probably more like just under 1000) they plan to drop the zeros. The rate then changes by just moving the decimal place over by 3...It is really that simple...this in-country RV rate will not remain long. They will then move to FOREX after waiting a period of time as they “adjust for inflation”, which they are now doing. This is right out of Dr Shabibi’s plan. In each country, for instance the USA, will have an exchange rate for the dinar based on their economy and currency being exchanged. [post 3 of 3]
8-30-2023 Newshound/Intel Guru Mnt Goat The IMF and the CBI told us years ago they are not going to swap out the 3 zeros notes for the newer lower denominations at a fraction of the value. The 3 notes will be “legal tender” for up to 10 years but not in general circulation and used primarily for interbank transactions...The banks call this “public” vs “institutional” use.
[post 2 of 3....stay tuned]
8-30-2023 Newshound/Intel Guru Mnt Goat I presented scenarios to you in the past about the rate of these 3 zero notes...the rate is already close to 1:1 only they added 3 zeros to the currency. By adding these three zeros it circumvents any real profit for us investors until they delete the zeros and issue the newer notes. Our 3 zero notes then will still be valid currency, thus we multiply the new rate times the notes face value. [post 1 of 3....stay tuned]
8-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Meeting with the World Bank...They talked about wanting...external transfers made up of international standards...They said it was about banking reforms. And they're also saying how important it is for citizens to join this new platform. This will be set up to ensure citizens are receiving all they are entitled. FRANK: ...You're seeing it unfold before your eyes right now...you know what you're entitled to? A new exchange rate and new currency.
8-29-2023 Newshound Guru Breitling Can Iraq revalue in World War III?" It leads to the understanding we are in WW III. We are in an indirect conflict with Putin. We're doing our best, all sides, even the other side, making sure we don't get in a direct conflict. Then it would get really really bad. I don't see us getting into direct contact...Do not worry about Iraq if they can revalue under these situations, because it can.
8-29-2023 Intel/Newshound Guru Babysmom ...TODAY IS NOT OVER... IRAQ BANKS OPEN AT 8:00 A.M. AND 9:00 A.M. DEPENDING ON THE BRANCH. THAT'S 1:00 A.M. EASTERN STANDARD TIME. I AM STILL HOLDING OUT HOPE. 12:55 A.M. EASTERN STANDARD TIME WOULD BE LOVELY...
8-29-2023 Newshound Guru Pimpy We know Iraq is being pushed through the World Trade Organization. Their application and their ascension into the organization is moving quickly which would be a huge boost to Iraq and their economy.
8-29-2023 Newshound/Intel Guru Mnt Goat no one...can tell you the date of the RV? In fact, I don’t even think the CBI knows until they get closer. But what I do know...is that the CBI is still planning to conduct the project to delete the zeros and to follow that forward with the reinstatement of the dinar back to FOREX. They are working through a plan...
8-29-2023 Newshound Guru Militia Man We can see there's a push now to get the projects...up and and running. There's going to have to be spending ...but we haven't seen it openly yet. This is all about Iraq's future. They're going to need to be Article VIII complaint exchange rate fairly quickly...
8-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says Iran and Iraq agree to disarm and get rid of the militant groups in the KRI. This leads to better stability. FRANK: Are you kidding me? I never thought I'd live long enough to see Iran say they are willing to disarm in order to work with Iraq...This is stability at its highest form, which is exactly what the monetary reform needs.
8-29-2023 Intel Guru RayRen98 AGENCY FOLKS ARE ON HIGH ALERT... SUPPOSEDLY THRU THE NIGHT. TIME WILL TELL ♫♪♫♪♫ I GOT A FEELIN...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫
8-29-2023 Guest Guru Randy Question: "Many countries have a horrible exchange rate and business still work with them and then exchange. So why would this be any different for Iraq?" When I traveled to say Brazil and got more than 3 Reais at the border crossing for $1, and traveled more, boy I felt American strength. Trade is likewise. When I traveled to England, though this was years ago, I shelled out, $2.40/British Pound Sterling. It spent like dollars, not going as far as the cost of exchange. Couldn't feel strong until I got home to some more cheap a$$ dollars. Trade is likewise. All this points to Iraq needing to be close to a dollar, to get any global respect.
8-29-2023 Newshound Guru Samson Article: "Iran: We agreed with Iraq to disarm terrorist groups in Kurdistan and close their headquarters"
8-29-2023 Intel Guru Frank26 1320 is not the official rate...that's just the street rate...They told you very plainly 1132 is the official exchange rate today. I'm not saying they're using 2 exchange rates. That's against the law. But there's nothing against the law to have two sets of books. The CBI website may show 1320 but IMO the economic reforms are at a different rate with permission to do so.
8-29-2023 Intel Guru MarkZ [via PDK] ...I do have an update from the redemption side/wealth management. They are saying they were asked to stay close to home this week…in case they are needed. It may have nothing to do with us and exchanges…but something internal. I don’t know as of yet.
8-29-2023 Newshound Guru Breitling Can Iraq revalue in World War III?" It leads to the understanding we are in WW III. We are in an indirect conflict with Putin. We're doing our best, all sides, even the other side, making sure we don't get in a direct conflict. Then it would get really really bad. I don't see us getting into direct contact...Do not worry about Iraq if they can revalue under these situations, because it can.
8-29-2023 Intel/Newshound Guru Babysmom ...TODAY IS NOT OVER... IRAQ BANKS OPEN AT 8:00 A.M. AND 9:00 A.M. DEPENDING ON THE BRANCH. THAT'S 1:00 A.M. EASTERN STANDARD TIME. I AM STILL HOLDING OUT HOPE. 12:55 A.M. EASTERN STANDARD TIME WOULD BE LOVELY...
8-29-2023 Newshound Guru Pimpy We know Iraq is being pushed through the World Trade Organization. Their application and their ascension into the organization is moving quickly which would be a huge boost to Iraq and their economy.
8-29-2023 Newshound/Intel Guru Mnt Goat no one...can tell you the date of the RV? In fact, I don’t even think the CBI knows until they get closer. But what I do know...is that the CBI is still planning to conduct the project to delete the zeros and to follow that forward with the reinstatement of the dinar back to FOREX. They are working through a plan...
8-29-2023 Newshound Guru Militia Man We can see there's a push now to get the projects...up and and running. There's going to have to be spending ...but we haven't seen it openly yet. This is all about Iraq's future. They're going to need to be Article VIII complaint exchange rate fairly quickly...
8-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says Iran and Iraq agree to disarm and get rid of the militant groups in the KRI. This leads to better stability. FRANK: Are you kidding me? I never thought I'd live long enough to see Iran say they are willing to disarm in order to work with Iraq...This is stability at its highest form, which is exactly what the monetary reform needs.
8-29-2023 Intel Guru RayRen98 AGENCY FOLKS ARE ON HIGH ALERT... SUPPOSEDLY THRU THE NIGHT. TIME WILL TELL ♫♪♫♪♫ I GOT A FEELIN...TONIGHT'S GONNA BE A GOOD NIGHT ♫♪♫♪♫
8-29-2023 Guest Guru Randy Question: "Many countries have a horrible exchange rate and business still work with them and then exchange. So why would this be any different for Iraq?" When I traveled to say Brazil and got more than 3 Reais at the border crossing for $1, and traveled more, boy I felt American strength. Trade is likewise. When I traveled to England, though this was years ago, I shelled out, $2.40/British Pound Sterling. It spent like dollars, not going as far as the cost of exchange. Couldn't feel strong until I got home to some more cheap a$$ dollars. Trade is likewise. All this points to Iraq needing to be close to a dollar, to get any global respect.
8-29-2023 Newshound Guru Samson Article: "Iran: We agreed with Iraq to disarm terrorist groups in Kurdistan and close their headquarters"
8-29-2023 Intel Guru Frank26 1320 is not the official rate...that's just the street rate...They told you very plainly 1132 is the official exchange rate today. I'm not saying they're using 2 exchange rates. That's against the law. But there's nothing against the law to have two sets of books. The CBI website may show 1320 but IMO the economic reforms are at a different rate with permission to do so.
8-29-2023 Intel Guru MarkZ [via PDK] ...I do have an update from the redemption side/wealth management. They are saying they were asked to stay close to home this week…in case they are needed. It may have nothing to do with us and exchanges…but something internal. I don’t know as of yet.
8-28-2023 Newshound Guru Pimpy We know they put together a 3-year budget. It has been voted on, it passed, it was announced in the news and still they had not yet allocated out all the funds for the budgets. Once they have been fully implemented and the money has been dispersed what we're hoping to see is the start of infrastructure which would give a lot of employment for the locals...
8-28-2023 Newshound Guru Militia Man When they say, "Iraq is the heart of BRICS but yet still under the American tutelage..." Why? Are they saying Iraq has a job to do? Are they saying Iraq has something left to do to make some changes? ...Does that sound like change in your exchange rate? That's what it sounds like...to me. Are they going to go international to the private sector? Yeah. Are they going to have the World Trade Organization knocking on the door? Yeah. All these different things are phenomenal items to pay attention to.
8-28-2023 Intel Guru MarkZ [via PDK] ...I have been tracking today...a number of articles and commentary coming out of Iraq. There are meetings between representatives of the CBI and the government...I am being told these meetings will continue into tomorrow and a major topic in these meetings is the “Exchange Rate”...they are focusing on increasing the strength of the dinar in comparison to the US dollar so they can continue to de-dollarize...By changing purchases to dinar instead of dollars…interesting from Iraq on that front.
8-28-2023 Intel Guru Frank26 Until they say they voted then you don't have the HCL. But...they got the HCL. They got everything. Everything is in a line waiting for one thing and one thing only...
8-28-2023 Newshound/Intel Walkingstick [Aki's Iraqi Bank report] We are waiting for the same thing everyone is waiting for - the new exchange rate.
8-28-2023 Newshound Guru Sandy Ingram The POS - Point of Sale system, in Iraq is operational and on YouTube...Using POS is exempt from taxes...POS devices are being distributed to all shops and businesses for cashless transactions...There is still lots and lost of cash hidden in the mattresses by Iraqi citizens. The Iraqi banking system is trying to get all these Iraqi dinars...It looks like Iraq is slowly pulling in all of its own currency, the dinar. Everything will be digital. The question is where does this leave investors who are holding the paper Iraqi dinar?
8-28-2023 Newshound Guru Pimpy ...The Biden Administration started allowing Iran, not Iraq, Iran to increase their production of oil.
8-28-2023 Newshound Guru Clare Article: "After the 'newspaper campaign'... Expectations for the expansion of car sales and purchases in Iraqi dinars" Quote: “...large and original car dealers began to widely enter the electronic platform to obtain dollars at the official rate and import cars, as well as began selling cars at the official price, but the car market is still dealing according to the parallel exchange rate...In the future, the process of selling cars in Iraqi dinars will expand at a price close to the exchange rate of 1132."
8-28-2023 Intel Guru MarkZ [via PDK] ...the chatter this morning is things are very much “back on track” … Mondays are usually super slow, so to get news over the weekend from a number of group leaders that things are back on track with great expectations is good... that really lit me up over the weekend with all their preparations for this coming week... So cross your fingers …I am hearing things are now off of “stuck”...
8-28-2023 Newshound Guru Militia Man Article quote: "Two urgent decision to enhance the ability of the Iraqi dinar against foreign currencies"...That sounds like you're going to raise the exchange rate...This is a sign change is coming... we're in the process of watching it.
8-28-2023 Intel Guru Frank26 How do you get an increase in the Iraqi IQD? It is by adding value to the dinar that you take value away from the American dollar.
8-28-2023 Newshound Guru tlm724 Article: "Parliamentary Finance Reveals Details Of Hosting The Governor Of The Central Bank Regarding The Dollar Exchange Rate And Housing Initiatives" Quotes: "...the Governor of the Central Bank, Ali Al-Alaq, to discuss the Central Bank's initiative to grant citizens loans to solve the housing crisis and the exchange rate of the dollar."; "..."The issue of the exchange rate of the dinar against the dollar and the reasons for the high prices were discussed..."
8-28-2023 Newshound Guru Militia Man When they say, "Iraq is the heart of BRICS but yet still under the American tutelage..." Why? Are they saying Iraq has a job to do? Are they saying Iraq has something left to do to make some changes? ...Does that sound like change in your exchange rate? That's what it sounds like...to me. Are they going to go international to the private sector? Yeah. Are they going to have the World Trade Organization knocking on the door? Yeah. All these different things are phenomenal items to pay attention to.
8-28-2023 Intel Guru MarkZ [via PDK] ...I have been tracking today...a number of articles and commentary coming out of Iraq. There are meetings between representatives of the CBI and the government...I am being told these meetings will continue into tomorrow and a major topic in these meetings is the “Exchange Rate”...they are focusing on increasing the strength of the dinar in comparison to the US dollar so they can continue to de-dollarize...By changing purchases to dinar instead of dollars…interesting from Iraq on that front.
8-28-2023 Intel Guru Frank26 Until they say they voted then you don't have the HCL. But...they got the HCL. They got everything. Everything is in a line waiting for one thing and one thing only...
8-28-2023 Newshound/Intel Walkingstick [Aki's Iraqi Bank report] We are waiting for the same thing everyone is waiting for - the new exchange rate.
8-28-2023 Newshound Guru Sandy Ingram The POS - Point of Sale system, in Iraq is operational and on YouTube...Using POS is exempt from taxes...POS devices are being distributed to all shops and businesses for cashless transactions...There is still lots and lost of cash hidden in the mattresses by Iraqi citizens. The Iraqi banking system is trying to get all these Iraqi dinars...It looks like Iraq is slowly pulling in all of its own currency, the dinar. Everything will be digital. The question is where does this leave investors who are holding the paper Iraqi dinar?
8-28-2023 Newshound Guru Pimpy ...The Biden Administration started allowing Iran, not Iraq, Iran to increase their production of oil.
8-28-2023 Newshound Guru Clare Article: "After the 'newspaper campaign'... Expectations for the expansion of car sales and purchases in Iraqi dinars" Quote: “...large and original car dealers began to widely enter the electronic platform to obtain dollars at the official rate and import cars, as well as began selling cars at the official price, but the car market is still dealing according to the parallel exchange rate...In the future, the process of selling cars in Iraqi dinars will expand at a price close to the exchange rate of 1132."
8-28-2023 Intel Guru MarkZ [via PDK] ...the chatter this morning is things are very much “back on track” … Mondays are usually super slow, so to get news over the weekend from a number of group leaders that things are back on track with great expectations is good... that really lit me up over the weekend with all their preparations for this coming week... So cross your fingers …I am hearing things are now off of “stuck”...
8-28-2023 Newshound Guru Militia Man Article quote: "Two urgent decision to enhance the ability of the Iraqi dinar against foreign currencies"...That sounds like you're going to raise the exchange rate...This is a sign change is coming... we're in the process of watching it.
8-28-2023 Intel Guru Frank26 How do you get an increase in the Iraqi IQD? It is by adding value to the dinar that you take value away from the American dollar.
8-28-2023 Newshound Guru tlm724 Article: "Parliamentary Finance Reveals Details Of Hosting The Governor Of The Central Bank Regarding The Dollar Exchange Rate And Housing Initiatives" Quotes: "...the Governor of the Central Bank, Ali Al-Alaq, to discuss the Central Bank's initiative to grant citizens loans to solve the housing crisis and the exchange rate of the dollar."; "..."The issue of the exchange rate of the dinar against the dollar and the reasons for the high prices were discussed..."
8-27-2023 Newshound Guru Militia Man The parallel market is an illegal market...it's a manipulation situation and It's not something that's going to last forever...raising the value to an International acceptable exchange rate, Article VIII compliant will make that go away. The private sector along with the CBI is moving in that direction...You can't buy real estate...cars and you're gonna have to buy gold in Iraqi dinars...
8-27-2023 Intel Guru Frank26 Question: "Do you believe they are waiting for a holiday or religious event [before the rate change]?" Absolutely not. The monetary reform doesn't wait for anybody. Everybody's waiting for the monetary reform.
8-27-2023 Newshound/Intel Guru Walkingstick The monetary reform will be done at the beginning or at the end of a quarter. It's all about accounting. It's all about the math of the exchange rate...
8-27-2023 Newshound Guru Breitling [Common dinar thought] 'They're going to have an in-country revaluation.' Guys there's no such thing. There's never been such a thing in the history of all mankind. With the currencies going in and out of Iraq how would you regulate that? How would you do that? It's the most asinine thing I've ever heard...
8-27-2023 Guest Guru Daytrader Article: "Under implementation.. Bloomberg reveals an American-Iranian oil agreement" We know Iran will be joining the BRICS nations, yet the US is making moves to tie up as much of their oil production as possible. That will be interesting since the US still has sanctions on Iran based on this article; specifically access to the international banking system.
8-27-2023 Newshound Guru Militia Man Article Quote: "Iranian Deputy foreign minister...announced his county no longer has any frozen funds in Iraq and South Korea after the understanding between Tehran and Washington... Funds in Iraq has already begun to be solved..." If Iran has the full authority to manage its funds there's no sanctions...That's phenomenal...Iran is a major trading partner with Iraq and they will need to do trade with local currencies. From this deal...the process of money moving should have not problem...They should be on a competitive exchange rate system with local currencies...Iraq is the heart of this whole deal.
8-27-2023 Intel Guru MarkZ [via PDK] I am very much hearing that Iran is now in the first basket to go... That is encouraging as they are trade partners with Iraq and share joint oil fields. I think this is an important piece.
8-27-2023 Newshound Guru Samson Article: "Under implementation... Bloomberg reveals an American-Iranian oil agreement" Quote: "Keeping the cost of gasoline - now close to $4 a gallon in the US - in check could also help President Joe Biden's re-election campaign in 2024."
8-27-2023 Intel Guru Frank26 Historically, this isn't opinion, it's a factual statement...we have seen bank movements...currency printed...exchange rates change...the IMF and the CBI working together and doing things in the month of April and in the month of September. I don't know of any other month where they have made any other type of financial moves with their budget...currency... banking structure. All of it. It's always been April and September.
8-27-2023 Intel Guru RayRen98 SOME SOURCES ARE LOOKING FOR THIS RV TO POP THROUGHOUT TONIGHT...I THINK "NOT" BUT, HEY, WHO AM I? LOL
8-27-2023 Intel Guru Frank26 Question: "Do you believe they are waiting for a holiday or religious event [before the rate change]?" Absolutely not. The monetary reform doesn't wait for anybody. Everybody's waiting for the monetary reform.
8-27-2023 Newshound/Intel Guru Walkingstick The monetary reform will be done at the beginning or at the end of a quarter. It's all about accounting. It's all about the math of the exchange rate...
8-27-2023 Newshound Guru Breitling [Common dinar thought] 'They're going to have an in-country revaluation.' Guys there's no such thing. There's never been such a thing in the history of all mankind. With the currencies going in and out of Iraq how would you regulate that? How would you do that? It's the most asinine thing I've ever heard...
8-27-2023 Guest Guru Daytrader Article: "Under implementation.. Bloomberg reveals an American-Iranian oil agreement" We know Iran will be joining the BRICS nations, yet the US is making moves to tie up as much of their oil production as possible. That will be interesting since the US still has sanctions on Iran based on this article; specifically access to the international banking system.
8-27-2023 Newshound Guru Militia Man Article Quote: "Iranian Deputy foreign minister...announced his county no longer has any frozen funds in Iraq and South Korea after the understanding between Tehran and Washington... Funds in Iraq has already begun to be solved..." If Iran has the full authority to manage its funds there's no sanctions...That's phenomenal...Iran is a major trading partner with Iraq and they will need to do trade with local currencies. From this deal...the process of money moving should have not problem...They should be on a competitive exchange rate system with local currencies...Iraq is the heart of this whole deal.
8-27-2023 Intel Guru MarkZ [via PDK] I am very much hearing that Iran is now in the first basket to go... That is encouraging as they are trade partners with Iraq and share joint oil fields. I think this is an important piece.
8-27-2023 Newshound Guru Samson Article: "Under implementation... Bloomberg reveals an American-Iranian oil agreement" Quote: "Keeping the cost of gasoline - now close to $4 a gallon in the US - in check could also help President Joe Biden's re-election campaign in 2024."
8-27-2023 Intel Guru Frank26 Historically, this isn't opinion, it's a factual statement...we have seen bank movements...currency printed...exchange rates change...the IMF and the CBI working together and doing things in the month of April and in the month of September. I don't know of any other month where they have made any other type of financial moves with their budget...currency... banking structure. All of it. It's always been April and September.
8-27-2023 Intel Guru RayRen98 SOME SOURCES ARE LOOKING FOR THIS RV TO POP THROUGHOUT TONIGHT...I THINK "NOT" BUT, HEY, WHO AM I? LOL
8-26-2023 Intel Guru Frank26 Question "Do we expect any other currencies to re-value when Iraq finally releases the new exchange rate?" The new exchange rate only belongs to the IQD. As for as another currency, the dinar is the only currency the IMF has said is going to go up in value. Why should I care about any other currency - yet. Although there are good investments. I don't want to mislead. Diversification and currency is a good investment but you better know what you're doing...
8-26-2023 Newshound Guru Militia Man Article quote "Joint efforts to attract investors and developing the economic plan." The Securities Commission is looking to make headway now big time. Global investors are not going to come into Iraq Stock Exchange at 1310. They've not done it before and they're not going to do it tomorrow. Something is going to have to change for them to be motivated.
8-26-2023 Newshound Guru Breitling Some of the questions I get from the heavier investors is, "We want to exchange our dinar upfront so we get a big chunk but how do we play this out?" I have no idea the rate when it does come out, that it's going to go up or retract. I don't know anyone with the ability to predict that. So when you go to exchange your first chunk you better have enough that's going to take care of all your hopes and dreams. And the rest you can risk if that's what you wish to do.
8-26-2023 Newshound Guru Kaperoni The truth is in order for the Iraqi dinar to ever rise in value Iraq needs to make several significant changes including passing laws to diversify their economy. They also need a sound banking system, processes and proven compliance with international standards under IMF Article VIII. They currently are not in such compliance.
8-26-23 Newshound Guru Sandy Ingram There are 4 significant benefits to the Iraq dinar increasing in value against the US dollar... 1. You could make a profit...when they appreciate in value. On the backside the US Department of Treasury would earn a substantial amount in taxes for people who cash in their Iraqi dinars. 2. An Iraqi dinar surge would improve Iraq's economy which could positively spill over into the global economy... 3. An Iraq dinar surge would also benefit businesses and individuals who have invested in Iraq as their investments would become more valuable. 4. An Iraqi dinar surge would help stabilize Iraq's currency for both Iraqis and foreigners who do business in Iraq.
8-26-2023 Newshound Guru Pimpy "Iraq prepares for the arrival of millions of foreign visitors and allocates 15,000 items to secure the fortieth" As you can well imagine this is going to be a huge boost for the Iraqi economy.
8-26-2023 Intel Guru MarkZ [via PDK] I am still hearing from my sources here and there that they are expecting things to be well launched and people with money in the month of August...I have heard no negative news at all. We continue to get positive news out of Iraq from Sadr to Sudani…we are in a good spot…lets see what happens.
8-26-2023 Newshound Guru Samson Article: "The US ambassador tweeted I met with representatives of the World Bank to support the efforts of the Iraqi government"
8-26-2023 Intel Guru Frank26 The fear that they could steal this new exchange rate /currency is no longer that strong. Sudani is dealing with corruption. When he's done with corruption we will have the new exchange rate. There's no other reason not to have it.
8-26-2023 Newshound Guru Militia Man [Reference Guru Clare's Iran Article below] If they released the funds to Iran there's something going on. If sanctions have been lifted there's a reason for that...We're going to find out really quick what that really truly means...The most important situation to me is they are going to release billions of dollars and they already begun that process to do so...
8-26-2023 Intel Guru RayRen98 ...WE DON'T HAVE A RATE CHANGE YET...IT "APPEARS" THAT SOME 3 LETTER AND PTB ARE HAVING A "TUG OF WAR" REGARDING FLIPPING THE SWITCH - TIME WILL TELL.
8-26-2023 Intel Guru Bruce [via WiserNow] ...in Iraq yesterday we heard had a much higher rate in Iraq on dinar - I say, much higher - And that's really good news...Iraq wants us to have a high rate on the dinar - and it will be - and I'd love to tell you what I know about it, but just suffice to say that higher than we thought it would be, And that's a good news...And then I think the dong is going to come in with a very, very, very high rate as well... compared to what certain people have said it was coming in at. We know it's much higher because we know what the bank screens are telling us.
8-26-2023 Newshound Guru Militia Man Article quote "Joint efforts to attract investors and developing the economic plan." The Securities Commission is looking to make headway now big time. Global investors are not going to come into Iraq Stock Exchange at 1310. They've not done it before and they're not going to do it tomorrow. Something is going to have to change for them to be motivated.
8-26-2023 Newshound Guru Breitling Some of the questions I get from the heavier investors is, "We want to exchange our dinar upfront so we get a big chunk but how do we play this out?" I have no idea the rate when it does come out, that it's going to go up or retract. I don't know anyone with the ability to predict that. So when you go to exchange your first chunk you better have enough that's going to take care of all your hopes and dreams. And the rest you can risk if that's what you wish to do.
8-26-2023 Newshound Guru Kaperoni The truth is in order for the Iraqi dinar to ever rise in value Iraq needs to make several significant changes including passing laws to diversify their economy. They also need a sound banking system, processes and proven compliance with international standards under IMF Article VIII. They currently are not in such compliance.
8-26-23 Newshound Guru Sandy Ingram There are 4 significant benefits to the Iraq dinar increasing in value against the US dollar... 1. You could make a profit...when they appreciate in value. On the backside the US Department of Treasury would earn a substantial amount in taxes for people who cash in their Iraqi dinars. 2. An Iraqi dinar surge would improve Iraq's economy which could positively spill over into the global economy... 3. An Iraq dinar surge would also benefit businesses and individuals who have invested in Iraq as their investments would become more valuable. 4. An Iraqi dinar surge would help stabilize Iraq's currency for both Iraqis and foreigners who do business in Iraq.
8-26-2023 Newshound Guru Pimpy "Iraq prepares for the arrival of millions of foreign visitors and allocates 15,000 items to secure the fortieth" As you can well imagine this is going to be a huge boost for the Iraqi economy.
8-26-2023 Intel Guru MarkZ [via PDK] I am still hearing from my sources here and there that they are expecting things to be well launched and people with money in the month of August...I have heard no negative news at all. We continue to get positive news out of Iraq from Sadr to Sudani…we are in a good spot…lets see what happens.
8-26-2023 Newshound Guru Samson Article: "The US ambassador tweeted I met with representatives of the World Bank to support the efforts of the Iraqi government"
8-26-2023 Intel Guru Frank26 The fear that they could steal this new exchange rate /currency is no longer that strong. Sudani is dealing with corruption. When he's done with corruption we will have the new exchange rate. There's no other reason not to have it.
8-26-2023 Newshound Guru Militia Man [Reference Guru Clare's Iran Article below] If they released the funds to Iran there's something going on. If sanctions have been lifted there's a reason for that...We're going to find out really quick what that really truly means...The most important situation to me is they are going to release billions of dollars and they already begun that process to do so...
8-26-2023 Intel Guru RayRen98 ...WE DON'T HAVE A RATE CHANGE YET...IT "APPEARS" THAT SOME 3 LETTER AND PTB ARE HAVING A "TUG OF WAR" REGARDING FLIPPING THE SWITCH - TIME WILL TELL.
8-26-2023 Intel Guru Bruce [via WiserNow] ...in Iraq yesterday we heard had a much higher rate in Iraq on dinar - I say, much higher - And that's really good news...Iraq wants us to have a high rate on the dinar - and it will be - and I'd love to tell you what I know about it, but just suffice to say that higher than we thought it would be, And that's a good news...And then I think the dong is going to come in with a very, very, very high rate as well... compared to what certain people have said it was coming in at. We know it's much higher because we know what the bank screens are telling us.
8-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We seeing we rank 5th in the world in oil reserves and yet we have a program rate?
8-25-2023 Newshound Guru Clare Article: "7 times more.. Iran announces the release of its money withheld in Iraq" Quote: "6 billion dollars of Iranian funds frozen in South Korea will be released, along with a large part also of Iranian funds in the Iraqi TBI Bank," noting that "the first stages of the process of releasing Iranian funds in European banks have begun."
8-25-2023 Intel Guru Bruce [via WiserNow] The information that we are getting...is that we should be notified Saturday, or...another source that either Saturday or Monday at the very latest...But the good news is, this looks like it is imminent and it is coming in a matter of days...So let's see where this takes us through the weekend.
8-25-2023 Newshound Guru Breitling Iraq...wants to be part of the west's economic structure. They can't because of Iran. Iran is completely against the western economic infrastructure and they're backed by Russia who's trying to destroy the entire western economic structure. That's a problem for Iraq. That's not going to stop them from revaluing...let's say they never got into the western system, it would be harder to maintain a higher value because they wouldn't have enough customers...If they get cut off of the western world they're going to have less customers.
8-25-2023 Intel/Newshound Guru Walkingstick There is a big push right now to arrest as many as possible before they come out with the new exchange rate.
8-25-2023 Newshound Guru Militia Man I believe they're at that stage where the spending project is about ready to go. The security and stability is being enforced. Let's see how it goes.
8-25-2023 Intel Guru RayRen98 [via Babysmom] MOST RECENT ANTICIPATED OPENING RATES... DONG .47...DINAR 3.81...
8-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend said he's thinking we're going to see a move either to around 1138 or an even 1000 very shortly from what he's getting... FRANK: I believe him...I believe him to be ready to greet you into the banks very soon...
8-25-2023 Newshound/Intel Guru Mnt Goat ...when I read the 2011 Dr Shabibi plan for the reinstatement process...He told us then that the de-dollarization is critical in Iraq’s currency reform process. So, it sounds to me like this phase of the Dr Shabibi plan is ending and they are moving to the next stage of the process. We all know what that is, don’t we…hint…hint…hint.
8-25-2023 Newshound Guru Clare Article: "7 times more.. Iran announces the release of its money withheld in Iraq" Quote: "6 billion dollars of Iranian funds frozen in South Korea will be released, along with a large part also of Iranian funds in the Iraqi TBI Bank," noting that "the first stages of the process of releasing Iranian funds in European banks have begun."
8-25-2023 Intel Guru Bruce [via WiserNow] The information that we are getting...is that we should be notified Saturday, or...another source that either Saturday or Monday at the very latest...But the good news is, this looks like it is imminent and it is coming in a matter of days...So let's see where this takes us through the weekend.
8-25-2023 Newshound Guru Breitling Iraq...wants to be part of the west's economic structure. They can't because of Iran. Iran is completely against the western economic infrastructure and they're backed by Russia who's trying to destroy the entire western economic structure. That's a problem for Iraq. That's not going to stop them from revaluing...let's say they never got into the western system, it would be harder to maintain a higher value because they wouldn't have enough customers...If they get cut off of the western world they're going to have less customers.
8-25-2023 Intel/Newshound Guru Walkingstick There is a big push right now to arrest as many as possible before they come out with the new exchange rate.
8-25-2023 Newshound Guru Militia Man I believe they're at that stage where the spending project is about ready to go. The security and stability is being enforced. Let's see how it goes.
8-25-2023 Intel Guru RayRen98 [via Babysmom] MOST RECENT ANTICIPATED OPENING RATES... DONG .47...DINAR 3.81...
8-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend said he's thinking we're going to see a move either to around 1138 or an even 1000 very shortly from what he's getting... FRANK: I believe him...I believe him to be ready to greet you into the banks very soon...
8-25-2023 Newshound/Intel Guru Mnt Goat ...when I read the 2011 Dr Shabibi plan for the reinstatement process...He told us then that the de-dollarization is critical in Iraq’s currency reform process. So, it sounds to me like this phase of the Dr Shabibi plan is ending and they are moving to the next stage of the process. We all know what that is, don’t we…hint…hint…hint.
8-24-2023 Newshound Guru Militia Man What we're looking for is the investment projects because that's going to be going into the market economy. Those investment projects is what we're waiting for...
8-24-2023 Intel Guru Frank26 We're at the end of the monetary reform. Everything that we want...is about to be given to the citizens. It's going to be slowly announced and brought out to them...
8-24-2023 Newshound Guru Kaperoni We're going to see a lot happen over the next two years. A lot. At what stage will the dinar have more value? It could start at any time. It could be a little increment next month. It could be nothing for 6 months and then more, maybe they float at that point and then there's a little bit more significant improvement. I think it's inevitable that the dinar begins to gain value if they follow through with...reintegration into the global economy and creation of an economy within Iraq.
8-24-2023 Newshound Guru Clare Article: "Central Bank Governor: Iraq's gold reserves amount to 132 tons"
8-24-2023 Intel Guru RayRen98 ...A 3 LTR [3 letter agency] IS SAYING TONIGHT OR TOMORROW NIGHT AT THE LATEST...BUT, TIME WILL TELL. LET'S JUST "BE READY" FOR EITHER REALITY.
8-24-2023 Newshound Guru Militia Man We can see they're about to start spending and spending is going to need an exchange rate that is not 1310 as the official exchange rate.
8-24-2023 Intel Guru MarkZ Its quiet on the RV front as expected but, but this will be a big day with what is coming out of BRICS.
8-24-2023 Newshound/Intel Guru Walkingstick I wish for all of you to be on the highest of alertness that you can. Keep your eye on Sudani because Sudani will equal Alaq. Alaq will equal the CBI's board of directors which will equal a new exchange rate.
8-24-2023 Newshound/Intel Guru Mnt Goat ...the VALUE and RATE of the dinar are two different issues. Yes, the RATE should reflect a true VALUE but it does not today. They know it and we know it. Iraq does not have to rebuild their economy for the rate to change accordingly as the value is already present, just with the resources they can now exploit and sell...Once they do rebuild Iraq cities and grow their economy the dinar should also then adjust its rate and go even higher as thy plan to put it on a FLOAT when it is reinstated. ...No, it is not possible to float the dinar starting at the program rate...
8-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Federal Court is being talked about On Television Channel One saying the decision made was on July 26th that the new budget to be activated and funded within 30 day and we are nearing the date...
8-24-2023 Intel Guru Bruce [via WiserNow] ...we draw a conclusion that maybe we will...be able to have access to funds from our exchanges on Thursday....a military source is giving us a timeline that takes us ...through Saturday to receive notifications and begin exchanges... Let's see what happens...We are definitely on a day to day – hour by hour basis.
8-24-2023 Intel Guru Frank26 We're at the end of the monetary reform. Everything that we want...is about to be given to the citizens. It's going to be slowly announced and brought out to them...
8-24-2023 Newshound Guru Kaperoni We're going to see a lot happen over the next two years. A lot. At what stage will the dinar have more value? It could start at any time. It could be a little increment next month. It could be nothing for 6 months and then more, maybe they float at that point and then there's a little bit more significant improvement. I think it's inevitable that the dinar begins to gain value if they follow through with...reintegration into the global economy and creation of an economy within Iraq.
8-24-2023 Newshound Guru Clare Article: "Central Bank Governor: Iraq's gold reserves amount to 132 tons"
8-24-2023 Intel Guru RayRen98 ...A 3 LTR [3 letter agency] IS SAYING TONIGHT OR TOMORROW NIGHT AT THE LATEST...BUT, TIME WILL TELL. LET'S JUST "BE READY" FOR EITHER REALITY.
8-24-2023 Newshound Guru Militia Man We can see they're about to start spending and spending is going to need an exchange rate that is not 1310 as the official exchange rate.
8-24-2023 Intel Guru MarkZ Its quiet on the RV front as expected but, but this will be a big day with what is coming out of BRICS.
8-24-2023 Newshound/Intel Guru Walkingstick I wish for all of you to be on the highest of alertness that you can. Keep your eye on Sudani because Sudani will equal Alaq. Alaq will equal the CBI's board of directors which will equal a new exchange rate.
8-24-2023 Newshound/Intel Guru Mnt Goat ...the VALUE and RATE of the dinar are two different issues. Yes, the RATE should reflect a true VALUE but it does not today. They know it and we know it. Iraq does not have to rebuild their economy for the rate to change accordingly as the value is already present, just with the resources they can now exploit and sell...Once they do rebuild Iraq cities and grow their economy the dinar should also then adjust its rate and go even higher as thy plan to put it on a FLOAT when it is reinstated. ...No, it is not possible to float the dinar starting at the program rate...
8-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Federal Court is being talked about On Television Channel One saying the decision made was on July 26th that the new budget to be activated and funded within 30 day and we are nearing the date...
8-24-2023 Intel Guru Bruce [via WiserNow] ...we draw a conclusion that maybe we will...be able to have access to funds from our exchanges on Thursday....a military source is giving us a timeline that takes us ...through Saturday to receive notifications and begin exchanges... Let's see what happens...We are definitely on a day to day – hour by hour basis.
8-23-2023 Newshound Guru Militia Man Article "Specialists: The path of development gives Iraq an important position in international trade". The development road is the investment side of the tripartite budget. Get ready folks, we can see the efforts being taken are to join the Global Financial System.. There is no denying it. imo..
8-23-2023 Intel/Newshound Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Our government is saying USA defense interest is secured in Iraq for the first time since 2003. Wow! That's when we were at 1 to $3. Iraq agrees on the troops being here in Iraq. I guess Sudani wants you guys here...this is a win-win for all of us. FRANK: Let's see you try to steal something now.
8-23-2023 Newshound Guru Breitling We have to watch the CBI. Don't listen to what any body else has to say. Do not contemplate opinions or other ideas...
8-23-2023 Newshound Guru Kaperoni ...Until Iraq diversifies, creates the conditions, there will be no change in the dinar.
8-23-2023 Newshound Guru Sandy Ingram Iraq has 3 significant tasks before we will see an increase in the currency's value. 1. Rebuild their infrastructure, which they are actively doing... 2. Making the country safe for citizens and international investors. In other words stopping the assaults against foreign investors. International investors want to invest in Iraq because their investment will be worth more when the value of the IQD increases. 3. Creating additional streams of income outside of the oil industry. Iraq is actively making progress by implementing new factories...road projects connecting Asia to Europe and partnering with a neighboring country to build oil vessels...
8-23-2023 Intel Guru Frank26 All I know is that things are coming to a crescendo...at that high point where there's nothing else to climb...you're at the very end.
8-23-2023 Intel Guru MarkZ [via PDK] Its been quiet on the RV front - Quiet on purpose… The supposed goal for all my sources was yesterday. They are very quiet so I know nothing on timing right now. Many still think they will get it done this month. I sure hope so…we all need it. The world needs it.
8-23-2023 Newshound/Intel Guru Walkingstick [Aki's Iraqi Bank report] Not all banks will be brought back even though they will all be online. This is to monitor them. This step has already started. It is already well advanced ... Bringing these banks back online is needed for the monetary reform...these banks are scattered all over Iraq...
8-23-2023 Newshound Guru Clare Article: "Al-Sudani: More than 60% of Iraq's population is under 25 years old"
8-23-2023 Intel Guru Frank26 It's like a black hole in space. We know it exists. We can see all the evidence...the gravitational fields around the black hole is the evidence of it...You just can't see it. The monetary reform is alive, is moving, is activated. The new exchange rate is coming to the citizens. The currency will float...everything we want is occurring...we are at the 'event horizon'...
8-23-2023 Newshound Guru Militia Man My take is a float won’t work in a digital world. I just don’t see it. I think they are going to make an adjustment to their Reel Effective Exchange Rate (REER) and I hope and expect it will be better than it was in a previous era. When I first got into this - the IMF had shut them down from $3.22 …so, when they reinstate - I think they will start there…maybe add some for inflation , and they probably will do a “managed float”...
8-23-2023 Intel/Newshound Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Our government is saying USA defense interest is secured in Iraq for the first time since 2003. Wow! That's when we were at 1 to $3. Iraq agrees on the troops being here in Iraq. I guess Sudani wants you guys here...this is a win-win for all of us. FRANK: Let's see you try to steal something now.
8-23-2023 Newshound Guru Breitling We have to watch the CBI. Don't listen to what any body else has to say. Do not contemplate opinions or other ideas...
8-23-2023 Newshound Guru Kaperoni ...Until Iraq diversifies, creates the conditions, there will be no change in the dinar.
8-23-2023 Newshound Guru Sandy Ingram Iraq has 3 significant tasks before we will see an increase in the currency's value. 1. Rebuild their infrastructure, which they are actively doing... 2. Making the country safe for citizens and international investors. In other words stopping the assaults against foreign investors. International investors want to invest in Iraq because their investment will be worth more when the value of the IQD increases. 3. Creating additional streams of income outside of the oil industry. Iraq is actively making progress by implementing new factories...road projects connecting Asia to Europe and partnering with a neighboring country to build oil vessels...
8-23-2023 Intel Guru Frank26 All I know is that things are coming to a crescendo...at that high point where there's nothing else to climb...you're at the very end.
8-23-2023 Intel Guru MarkZ [via PDK] Its been quiet on the RV front - Quiet on purpose… The supposed goal for all my sources was yesterday. They are very quiet so I know nothing on timing right now. Many still think they will get it done this month. I sure hope so…we all need it. The world needs it.
8-23-2023 Newshound/Intel Guru Walkingstick [Aki's Iraqi Bank report] Not all banks will be brought back even though they will all be online. This is to monitor them. This step has already started. It is already well advanced ... Bringing these banks back online is needed for the monetary reform...these banks are scattered all over Iraq...
8-23-2023 Newshound Guru Clare Article: "Al-Sudani: More than 60% of Iraq's population is under 25 years old"
8-23-2023 Intel Guru Frank26 It's like a black hole in space. We know it exists. We can see all the evidence...the gravitational fields around the black hole is the evidence of it...You just can't see it. The monetary reform is alive, is moving, is activated. The new exchange rate is coming to the citizens. The currency will float...everything we want is occurring...we are at the 'event horizon'...
8-23-2023 Newshound Guru Militia Man My take is a float won’t work in a digital world. I just don’t see it. I think they are going to make an adjustment to their Reel Effective Exchange Rate (REER) and I hope and expect it will be better than it was in a previous era. When I first got into this - the IMF had shut them down from $3.22 …so, when they reinstate - I think they will start there…maybe add some for inflation , and they probably will do a “managed float”...
8-22-2023 Intel Guru Frank26 Corruption in Iraq is being dismantled and that's what we need to have the new exchange rate...they stepped on the gas...hundreds of people being arrested. Millions and million of dinars being brought back to Iraq. This is all part of the monetary reform...
8-22-2023 Guru Nader From The Mid East As long as they [Iraqis] have money and they can buy and sell stuff they don't pay attention to it [dinar RV]. That guy's gonna have one million in his pocket or 1500 it's gonna be the same thing. It's going to spend the same thing. In the United States and Europe too they talk about...all over the world they talk about because they know it's gonna happen...It's an investment for the outsiders. But for Iraqis it's not an investment...Over there if we change the currency all we have to do is take that 2 millions and change them to two millions with small categories...
8-22-2023 Newshound Guru Militia Man Federal Court specified their own timelines...They specifically stated 30 days from July 26, 2023 that the 2023-2024-25 budget has to be implemented by that date. That's 30 days.
8-22-2023 Newshound/Intel Guru Walkingstick [Aki's Iraqi Bank report] All banks are back online. The ones they did not give licenses to will be under the tutelage of the CBI. No more F$%^ing around...Banks...machines have been set up. We have done everything that the CBI has requested of us. We do not know of any other meetings that we are scheduled with the CBI...All that we are waiting for is the exchange rate now.
8-22-2023 Intel Guru MarkZ [reference Militia Man post below, 8-22-2023]
The most important timing he [Militia Man] mentioned is with Al Sudani and the expectations to have money flowing by the 26th. A lot of folks in Iraq and involved with Iraq believe this could mean a change in value.
8-22-2023 Intel Guru Frank26 Why isn't there a lot of article...information this past week? Why? It's on the [down] low side right now on purpose. You'll see.
8-22-2023 Newshound Guru Pimpy I know a lot of you are eagerly waiting for the announcement that the exchange rate is massively jumped up to this large number because...this budget can't function without a large exchange rate. I'm saying that's BS...
8-22-2023 Newshound Guru Militia Man ...I believe there was an article from the courts that Iraq had 30 days from July 26th for the budget to be implemented and for them to start spending… for them to start spending –it’s a heck of a lot cheaper to buy things to rebuild with a at least a rate of $1 then 1310...Whatever rate they come out at I believe it will have to be strong. Alaq has said he is not going to float the currency…suggesting it’s going to be a strong rate.
8-22-2023 Newshound Guru Clare Article: "World Bank: Iraq's economy is "fragile" and its debts have risen to $152 billion". Quote: "...noting that the Central Bank auction caused the redirection of hard currency to the parallel market, which led to a decrease in the value of the dinar against the dollar."
8-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on television again saying in the coming days we will see the overthrow of the major corrupt. This is what we think is the final part to cut the head off the snake...My bank friend told me this it the part we're looking for next and then we get what we want. FRANK: ...You can trust Sudani to cut the head off that snake.
8-22-2023 Newshound/Intel Guru Mnt Goat ... we have learned that the CBI is targeting a new revalued rate for the dinar of 1132 from 1320 and very soon...this is their target, and we know now it is. Is this the last rate change we are looking for prior to the 1:1 coming revaluation and triggering the project to delete the zeros? Just be patient, the reinstatement is coming.
8-22-2023 Newshound Guru Militia Man I think as far as everything being in place where Iraq is concerned with their re-instatement timeframe…I think the writing is on the wall that they are going to go into the international financial system...And we also expect to see the new small category notes (lower denominations) released in Iraq…and I am hoping this will happen in the next short period of time.
8-22-2023 Guru Nader From The Mid East As long as they [Iraqis] have money and they can buy and sell stuff they don't pay attention to it [dinar RV]. That guy's gonna have one million in his pocket or 1500 it's gonna be the same thing. It's going to spend the same thing. In the United States and Europe too they talk about...all over the world they talk about because they know it's gonna happen...It's an investment for the outsiders. But for Iraqis it's not an investment...Over there if we change the currency all we have to do is take that 2 millions and change them to two millions with small categories...
8-22-2023 Newshound Guru Militia Man Federal Court specified their own timelines...They specifically stated 30 days from July 26, 2023 that the 2023-2024-25 budget has to be implemented by that date. That's 30 days.
8-22-2023 Newshound/Intel Guru Walkingstick [Aki's Iraqi Bank report] All banks are back online. The ones they did not give licenses to will be under the tutelage of the CBI. No more F$%^ing around...Banks...machines have been set up. We have done everything that the CBI has requested of us. We do not know of any other meetings that we are scheduled with the CBI...All that we are waiting for is the exchange rate now.
8-22-2023 Intel Guru MarkZ [reference Militia Man post below, 8-22-2023]
The most important timing he [Militia Man] mentioned is with Al Sudani and the expectations to have money flowing by the 26th. A lot of folks in Iraq and involved with Iraq believe this could mean a change in value.
8-22-2023 Intel Guru Frank26 Why isn't there a lot of article...information this past week? Why? It's on the [down] low side right now on purpose. You'll see.
8-22-2023 Newshound Guru Pimpy I know a lot of you are eagerly waiting for the announcement that the exchange rate is massively jumped up to this large number because...this budget can't function without a large exchange rate. I'm saying that's BS...
8-22-2023 Newshound Guru Militia Man ...I believe there was an article from the courts that Iraq had 30 days from July 26th for the budget to be implemented and for them to start spending… for them to start spending –it’s a heck of a lot cheaper to buy things to rebuild with a at least a rate of $1 then 1310...Whatever rate they come out at I believe it will have to be strong. Alaq has said he is not going to float the currency…suggesting it’s going to be a strong rate.
8-22-2023 Newshound Guru Clare Article: "World Bank: Iraq's economy is "fragile" and its debts have risen to $152 billion". Quote: "...noting that the Central Bank auction caused the redirection of hard currency to the parallel market, which led to a decrease in the value of the dinar against the dollar."
8-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on television again saying in the coming days we will see the overthrow of the major corrupt. This is what we think is the final part to cut the head off the snake...My bank friend told me this it the part we're looking for next and then we get what we want. FRANK: ...You can trust Sudani to cut the head off that snake.
8-22-2023 Newshound/Intel Guru Mnt Goat ... we have learned that the CBI is targeting a new revalued rate for the dinar of 1132 from 1320 and very soon...this is their target, and we know now it is. Is this the last rate change we are looking for prior to the 1:1 coming revaluation and triggering the project to delete the zeros? Just be patient, the reinstatement is coming.
8-22-2023 Newshound Guru Militia Man I think as far as everything being in place where Iraq is concerned with their re-instatement timeframe…I think the writing is on the wall that they are going to go into the international financial system...And we also expect to see the new small category notes (lower denominations) released in Iraq…and I am hoping this will happen in the next short period of time.
8-21-2023 Newshound Guru Clare Article: "Trillion dinars, Iraq's revenues in 6 months, and an economist warns of the "Dutch disease" Quote: "The Iraqi economy is a rentier economy, and this economy is neither investment nor productive, and therefore it creates a kind of dependency called (Dutch disease), so we see hundreds of thousands of young people unemployed because The government relies on oil sales to get things going, and this represents a major imbalance in the economy."
8-21-2023 Intel/Newshound Gurus MarkZ & Militia Man [via PDK] MarkZ: At one point I felt Iraq needed one more rate change but I do not believe that is now going to happen. I do not feel that is in their best interest now. Militia Man: My understanding is that is not going to happen. It doesn't make any sense at this time in the game.
8-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says we have done a good job on getting away from the dollar but it still faces an up hill struggle. I'm not the smartest man in the world but why don't the CBI give us a rate and a value? Then the people will flock to the dinar and be no black market dollar because Sudani says the dinar will be higher than the dollar. Why they not just do that. It's simple in our eyes. FRANK: What you're asking for is what you're going to get...if they give this rate to you now...the monetary reform will fail. If the monetary reform fails you ain't gonna see Jack son. Nothing...I don't blame you for venting right now. I know it's simple in your eyes.
8-21-2023 Newshound Guru Pimpy They still have not started dispersing the budget out like it should be...Is this because they want Iraq to be under the Central Bank Digital Currency? ...They've obviously not dispersed out the funds necessary for job growth and that's what a lot of us are waiting for...
8-21-2023 Newshound Guru Militia Man Article: "Iraq..The total looted funds are estimated at $450 billion" Quote: "The Iraqi government is working to strengthen cooperation with international organizations concerned with combating corruption, such as the United Nations, the World Bank, the International Police (Interpol)..." ...Al-Sudani and other international entities are stating...corruption needed to be under control...They appear to have a good handle on things...I like the stability that it is likely to bring from the effort, not to mention the amounts of money that will be clawed back...is breathtaking.
8-21-2023 Newshound/Intel Guru Walkingstick Question: "These banned countries - Why does Alaq the Governor of the CBI want the United States to help?" Because sanctions on these banned countries make it difficult for them to acquire the USD. The USD rate goes up via supply and demand....This must and has been stopped by laws Suadni has implemented and brought fourth...It is bulldozing over the corruption that has prevented the new exchange rate from coming out...Sudani asked the United States of American for help to stop using the American dollar in Iraq.
8-21-2023 Intel Guru MarkZ [via PDK] Things look great this week…we need to buckle up and see what happens. Just remember- nobody knows the exact timing…
8-21-2023 Newshound Guru Clare Article: "Al-Sudani's Advisor Talks About An Expected Assault That Will Affect The Senior Corrupt" Quote: "We will witness in the coming days the overthrow of major corrupt people, because there is seriousness in the Sudanese approach, and this is one of the priorities of his government program and with the approval of all political blocs."
8-21-2023 Newshound Guru Kaperoni [Response to Guru Breitling's post 8-20-2023 below] ...There won't be a float of the Iraqi dinar. LOL. Wrong! A float is what they will do, but not until they diversify their economy. Only with the success and growth of their own economy can the dinar rise in value.
8-21-2023 Intel Guru Frank26 I love the big push...to arrest all of the corrupt people in Iraq because it's not just Iran, they are also arresting Iraqi crooked politicians like the former Oil Minister...all of these have been the reason why the CBI cannot advance the IQD exchange rate. This huge push to eradicate corruption is the latest of the monetary reform steps to bring forth your new exchange rate...they are destroying the corruption that was preventing your reforms...
8-21-2023 Newshound/Intel Guru Mnt Goat I do not believe the RV will go right away once the CBI gets the green light...they would RV first in-country and restrict it to Iraq. At that time, it will be just under or over a dollar. Probably more like over to give incentives for citizens to turn in their 3 zero notes. Then the CBI will watch carefully for inflation. We don’t know how long this would take. Maybe a few days or weeks?
8-21-2023 Intel/Newshound Gurus MarkZ & Militia Man [via PDK] MarkZ: At one point I felt Iraq needed one more rate change but I do not believe that is now going to happen. I do not feel that is in their best interest now. Militia Man: My understanding is that is not going to happen. It doesn't make any sense at this time in the game.
8-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says we have done a good job on getting away from the dollar but it still faces an up hill struggle. I'm not the smartest man in the world but why don't the CBI give us a rate and a value? Then the people will flock to the dinar and be no black market dollar because Sudani says the dinar will be higher than the dollar. Why they not just do that. It's simple in our eyes. FRANK: What you're asking for is what you're going to get...if they give this rate to you now...the monetary reform will fail. If the monetary reform fails you ain't gonna see Jack son. Nothing...I don't blame you for venting right now. I know it's simple in your eyes.
8-21-2023 Newshound Guru Pimpy They still have not started dispersing the budget out like it should be...Is this because they want Iraq to be under the Central Bank Digital Currency? ...They've obviously not dispersed out the funds necessary for job growth and that's what a lot of us are waiting for...
8-21-2023 Newshound Guru Militia Man Article: "Iraq..The total looted funds are estimated at $450 billion" Quote: "The Iraqi government is working to strengthen cooperation with international organizations concerned with combating corruption, such as the United Nations, the World Bank, the International Police (Interpol)..." ...Al-Sudani and other international entities are stating...corruption needed to be under control...They appear to have a good handle on things...I like the stability that it is likely to bring from the effort, not to mention the amounts of money that will be clawed back...is breathtaking.
8-21-2023 Newshound/Intel Guru Walkingstick Question: "These banned countries - Why does Alaq the Governor of the CBI want the United States to help?" Because sanctions on these banned countries make it difficult for them to acquire the USD. The USD rate goes up via supply and demand....This must and has been stopped by laws Suadni has implemented and brought fourth...It is bulldozing over the corruption that has prevented the new exchange rate from coming out...Sudani asked the United States of American for help to stop using the American dollar in Iraq.
8-21-2023 Intel Guru MarkZ [via PDK] Things look great this week…we need to buckle up and see what happens. Just remember- nobody knows the exact timing…
8-21-2023 Newshound Guru Clare Article: "Al-Sudani's Advisor Talks About An Expected Assault That Will Affect The Senior Corrupt" Quote: "We will witness in the coming days the overthrow of major corrupt people, because there is seriousness in the Sudanese approach, and this is one of the priorities of his government program and with the approval of all political blocs."
8-21-2023 Newshound Guru Kaperoni [Response to Guru Breitling's post 8-20-2023 below] ...There won't be a float of the Iraqi dinar. LOL. Wrong! A float is what they will do, but not until they diversify their economy. Only with the success and growth of their own economy can the dinar rise in value.
8-21-2023 Intel Guru Frank26 I love the big push...to arrest all of the corrupt people in Iraq because it's not just Iran, they are also arresting Iraqi crooked politicians like the former Oil Minister...all of these have been the reason why the CBI cannot advance the IQD exchange rate. This huge push to eradicate corruption is the latest of the monetary reform steps to bring forth your new exchange rate...they are destroying the corruption that was preventing your reforms...
8-21-2023 Newshound/Intel Guru Mnt Goat I do not believe the RV will go right away once the CBI gets the green light...they would RV first in-country and restrict it to Iraq. At that time, it will be just under or over a dollar. Probably more like over to give incentives for citizens to turn in their 3 zero notes. Then the CBI will watch carefully for inflation. We don’t know how long this would take. Maybe a few days or weeks?
8-20-2023 Intel Guru Frank26 Community Comment: "We only get one chance to get this right." Oh boy is that ever so profound for you to say. You can't make a mistake and go back and fix it. Not in a monetary reform. Math would not allow it. You make a mathematical mistake in this monetary reform it will all crumble. Worse than anything else, you make a mistake Sudani/Alaq with the Iraqi citizens, that's it...your monetary reform will fail.
8-20-2023 Newshound Guru Kaperoni Iraq is very close to joining the WTO. Wrong. There are often articles about joining, but until they diversify their economy so they have products to export, there is no reason to be in the WTO.
8-20-2023 Newshound Guru Breitling Article quote: "It is not possible to float the dinar in Iraq because we don't have various sources of foreign currency." Which is unbelievable...I've been researching it. The question is a float verses a hard revaluation, a hard manipulation, what they're doing right now. You and I are in a hard manipulation. It is not based on market value...on float...on anything...He's right...Iraq doesn't have access to a foreign currency reserve like everyone else does. So they're going to do a hard revalue. There's no threats at all...this means everything because there's not going to be a float. There's doesn't need to be a float.
8-20-2023 Newshound Guru Pimpy The meetings that are coming up are going to be very telling about the future of Iraq...What they got to do is come over here and work with the United States and seeing if there's a happy medium where they can raise the exchange rate but not by much. Then the United States promise to bring in X amount of U.S. dollars into Iraq so the gap between the official rate and the parallel exchange rate is not so big. It's causing too many problems.
8-20-2023 Newshound Guru Clare Article: "The US ambassador's statements about the rise in the exchange rate of the dollar against the Iraqi dinar" Quote: "US ambassador to Baghdad, Alina Romansky...indicated that Iraq's adoption of the legitimate banking system guarantees the stability of the dollar's exchange rates."
8-20-2023 Newshound Guru Militia Man Those of you out there on the Internet that are doing the math saying this doesn't work, if you don't know how much money they've destroyed, you don't have good calculations. So be very careful on telling people that it's not going to happen when it clearly is showing the Central Bank of Iraq, The Finance Ministry, the World Bank, the U.S. Treasury and everybody else goes against what you're saying. Be fair in your analysis. [Post 2 of 2]
8-20-2023 Newshound Guru Militia Man We saw a documentary video of them specifically reducing the note count, destroying money....We don't know how much money they have destroyed yet but they will probably disclose it because it'll be a necessary thing to disclose when they go international. People are going to want to know what their money supply is. The bottom line is they were destroying and...making little pellets with perfectly good money. [Post 1 of 2....stay tuned]
8-20-2023 Intel Guru Frank26 The next step in the monetary reform is exactly what you're seeing right now. Remove those evil people - Iranians and Iraqis and any other foreign persons...Have you ever seen...a prime minister from Iraq do what this man is doing? Never, not in your lifetime...Sudani is a great leader and Iraq is blessed to have him. The things that he's doing is amazing. There are no delays. It is the next step of the monetary reform plan. [Post 2 of 2]
8-20-2023 Intel Guru Frank26 There is no delay...If you know very well that Iran is stealing the currency, the bloodline, destroying the spinal cord, destroying the unity, the harmony, the sovereignty, the proudness of Iraqi citizens as their nation would you not also want to remove that? ...we don't have the perfect situation for the monetary reform to be released. We've got terrorists... corruption ...thieves...Now granted it's been really reduced... [Post 1 of 2]
8-20-2023 Newshound/Intel Guru Mnt Goat ...We wait for more news on the progression of the currency reforms being instituted by the CBI and the coming second “official” rate change to around 1000. But they are not there yet and I do not expect this will take too long now that the budget is released. What if they do experience inflation? They will also have to take more reform measures to combat it. Also, to coincide with the RV they would have to conduct the Project to Delete the Zeros thus the redenomination... there is no mistake on the CBI plan...
8-20-2023 Intel Guru MarkZ [via PDK] Question: ...what is your confidence level that we will revalue by the end of 2023. MarkZ Answer: I don’t know about August but I still feel good about 2023 as a year of historic change.
8-20-2023 Newshound Guru Kaperoni Iraq is very close to joining the WTO. Wrong. There are often articles about joining, but until they diversify their economy so they have products to export, there is no reason to be in the WTO.
8-20-2023 Newshound Guru Breitling Article quote: "It is not possible to float the dinar in Iraq because we don't have various sources of foreign currency." Which is unbelievable...I've been researching it. The question is a float verses a hard revaluation, a hard manipulation, what they're doing right now. You and I are in a hard manipulation. It is not based on market value...on float...on anything...He's right...Iraq doesn't have access to a foreign currency reserve like everyone else does. So they're going to do a hard revalue. There's no threats at all...this means everything because there's not going to be a float. There's doesn't need to be a float.
8-20-2023 Newshound Guru Pimpy The meetings that are coming up are going to be very telling about the future of Iraq...What they got to do is come over here and work with the United States and seeing if there's a happy medium where they can raise the exchange rate but not by much. Then the United States promise to bring in X amount of U.S. dollars into Iraq so the gap between the official rate and the parallel exchange rate is not so big. It's causing too many problems.
8-20-2023 Newshound Guru Clare Article: "The US ambassador's statements about the rise in the exchange rate of the dollar against the Iraqi dinar" Quote: "US ambassador to Baghdad, Alina Romansky...indicated that Iraq's adoption of the legitimate banking system guarantees the stability of the dollar's exchange rates."
8-20-2023 Newshound Guru Militia Man Those of you out there on the Internet that are doing the math saying this doesn't work, if you don't know how much money they've destroyed, you don't have good calculations. So be very careful on telling people that it's not going to happen when it clearly is showing the Central Bank of Iraq, The Finance Ministry, the World Bank, the U.S. Treasury and everybody else goes against what you're saying. Be fair in your analysis. [Post 2 of 2]
8-20-2023 Newshound Guru Militia Man We saw a documentary video of them specifically reducing the note count, destroying money....We don't know how much money they have destroyed yet but they will probably disclose it because it'll be a necessary thing to disclose when they go international. People are going to want to know what their money supply is. The bottom line is they were destroying and...making little pellets with perfectly good money. [Post 1 of 2....stay tuned]
8-20-2023 Intel Guru Frank26 The next step in the monetary reform is exactly what you're seeing right now. Remove those evil people - Iranians and Iraqis and any other foreign persons...Have you ever seen...a prime minister from Iraq do what this man is doing? Never, not in your lifetime...Sudani is a great leader and Iraq is blessed to have him. The things that he's doing is amazing. There are no delays. It is the next step of the monetary reform plan. [Post 2 of 2]
8-20-2023 Intel Guru Frank26 There is no delay...If you know very well that Iran is stealing the currency, the bloodline, destroying the spinal cord, destroying the unity, the harmony, the sovereignty, the proudness of Iraqi citizens as their nation would you not also want to remove that? ...we don't have the perfect situation for the monetary reform to be released. We've got terrorists... corruption ...thieves...Now granted it's been really reduced... [Post 1 of 2]
8-20-2023 Newshound/Intel Guru Mnt Goat ...We wait for more news on the progression of the currency reforms being instituted by the CBI and the coming second “official” rate change to around 1000. But they are not there yet and I do not expect this will take too long now that the budget is released. What if they do experience inflation? They will also have to take more reform measures to combat it. Also, to coincide with the RV they would have to conduct the Project to Delete the Zeros thus the redenomination... there is no mistake on the CBI plan...
8-20-2023 Intel Guru MarkZ [via PDK] Question: ...what is your confidence level that we will revalue by the end of 2023. MarkZ Answer: I don’t know about August but I still feel good about 2023 as a year of historic change.
8-19-2023 Intel Guru Frank26 Question "If the rate goes to .75 or if it goes to 1 to 1 will that be enough income for the people of Iraq?" IMO any increase in the dinar value is added income and necessary for the Iraqi citizens. They're not trying to get rich...They're trying to eat and pay their bills. They will see value in their currency...Social Security...retirement checks...HCL. that alone is four different incomes they will be having very soon.
8-19-2023 Newshound Guru Kaperoni I remind people once again, Iraq could never afford a significant RV of the Iraqi dinar. It would cause chaos in the country and would bankrupt them immediately. There's over 80 trillion dinar in circulation. No country could afford such an event.
8-19-2023 Newshound Guru Pimpy I think people really need to pay attention to what's going on over in Syria. I think that situation is way worse than people are telling us and that could really really affect what's going on in Iraq.
8-19-2023 Newshound Guru Militia Man Article: "Iraq is looking to accelerate its accession to the World Trade Organization" It's pretty exciting because they have come a long way...getting to the final end stage of being a full member has been ongoing for...about 3 years and they're in advanced stages... they're going to need to be Article VIII compliant with that. That's one of the major things we're hoping to see in the near future.
8-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying with the funding of the budget we are going to see a major decrease in the dollar exchange rate. FRANK: They cannot touch the dollar exchange rate. Only the US Treasury can touch that exchange rate. So what are they talking about? They're talking about adding value to their currency which will decrease the value of the American dollar in their country. That's what they're talking about.
8-19-2023 Newshound Guru Clare Article: "Iraq is trying to join the World Trade Organization" Quote: "Iraq needs to diversify its economy in a flexible manner, such as the agricultural, industrial and investment sectors, and that Iraq's accession to the World Trade Organization be useful as one of the tools for building a market economy within the standards of the global market and a tool for achieving reforms and decisions to achieve these measures."
8-19-2023 Newshound Guru Samson Article: "Iraq is looking to accelerate its accession to the World Trade Organization"
8-19-2023 Intel Guru Goldilocks Iraq recently became a trading partner with India and seeking inclusion in the Unified Payment System that will allow them to go across borders sometimes by land sometimes by sea seeking more demand for their currency which gives it more value.
8-19-2023 Intel Guru Frank26 There are no issues...problems...delays. Everything is moving forward. Do you understand that? It's a perpetual motion of moving forward. Nowhere do I see any stalling...standing still...No. Everything is moving forward...leaning forward picking up speed...There is no delay.
8-19-2023 Intel Guru Bruce [via WiserNow] I know that we have a really good situation with the rates...They have a fixed rate that they plan to offer us on our dinar It's very good very high...There's also...the planned rate to offer us ...for any dong...
8-19-2023 Newshound Guru Kaperoni I remind people once again, Iraq could never afford a significant RV of the Iraqi dinar. It would cause chaos in the country and would bankrupt them immediately. There's over 80 trillion dinar in circulation. No country could afford such an event.
8-19-2023 Newshound Guru Pimpy I think people really need to pay attention to what's going on over in Syria. I think that situation is way worse than people are telling us and that could really really affect what's going on in Iraq.
8-19-2023 Newshound Guru Militia Man Article: "Iraq is looking to accelerate its accession to the World Trade Organization" It's pretty exciting because they have come a long way...getting to the final end stage of being a full member has been ongoing for...about 3 years and they're in advanced stages... they're going to need to be Article VIII compliant with that. That's one of the major things we're hoping to see in the near future.
8-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying with the funding of the budget we are going to see a major decrease in the dollar exchange rate. FRANK: They cannot touch the dollar exchange rate. Only the US Treasury can touch that exchange rate. So what are they talking about? They're talking about adding value to their currency which will decrease the value of the American dollar in their country. That's what they're talking about.
8-19-2023 Newshound Guru Clare Article: "Iraq is trying to join the World Trade Organization" Quote: "Iraq needs to diversify its economy in a flexible manner, such as the agricultural, industrial and investment sectors, and that Iraq's accession to the World Trade Organization be useful as one of the tools for building a market economy within the standards of the global market and a tool for achieving reforms and decisions to achieve these measures."
8-19-2023 Newshound Guru Samson Article: "Iraq is looking to accelerate its accession to the World Trade Organization"
8-19-2023 Intel Guru Goldilocks Iraq recently became a trading partner with India and seeking inclusion in the Unified Payment System that will allow them to go across borders sometimes by land sometimes by sea seeking more demand for their currency which gives it more value.
8-19-2023 Intel Guru Frank26 There are no issues...problems...delays. Everything is moving forward. Do you understand that? It's a perpetual motion of moving forward. Nowhere do I see any stalling...standing still...No. Everything is moving forward...leaning forward picking up speed...There is no delay.
8-19-2023 Intel Guru Bruce [via WiserNow] I know that we have a really good situation with the rates...They have a fixed rate that they plan to offer us on our dinar It's very good very high...There's also...the planned rate to offer us ...for any dong...
8-18-2023 Newshound Guru Militia Man You have to pay attention to what they're saying and then realize they talk outside both sides of their mouth. So you have to be very careful of what's being said and then you have to understand who's saying it...If Sudani is talking about it, you got to give that that credit. If his advisors...saying it, give it some credibility. If it's a parliamentary Finance Committee be careful. If it's the Finance Committee and it's directly from Sammy I would listen to that just as I would listen to Alaq because they're the top.
8-18-2023 Intel Guru Frank26 There is no delay in the monetary reform process. The monetary reform process plows forward with great success. This corruption cleaning equals a new exchange rate.
8-18-2023 Newshound/Intel Guru Walkingstick These individuals that are being arrested have great influence in Iraq which can impact the outcome of the monetary reform process. And all these funds Sudani is recovering is helping to bring forth the new exchange rate and that's why every day you see more people being arrested, more corrupting being cleaned up.
8-18-2023 Intel Guru Bruce [via WiserNow] What is Iraq going to do - when are they going to maybe bring out their new rate, print it in the gazette - and all of that on Sunday? We believe the Prime Minister is here. Could he make the announcement from here or would that new rate and the opening of the budget and the HCl law which has been passed and needs to be implemented and soon...Would that be announced here or would that come out on Sunday or Wednesday? We don't know the answer to that yet...This is looking very solid for next week. Let's see what happens.
8-18-2023 Newshound Guru Militia Man Alaq out of the blue [In an article] Quote "from 5 to 6 cents the cost of the Iraqi currency edition per paper." He just happens to throw in how much it costs to print a note. Whether it's the small category notes or large notes, he's saying it is 5 to 6 cents...They're not printing any more triple zero notes from what they said...
8-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on television again...saying the CBI is in the middle of a battle fighting the dollar smugglers.
8-18-2023 Newshound Guru Clare Article: "Al-Alaq: The Iraqi government's debts to the Central Bank amount to 46 trillion dinars" Quote: "Regarding the cost of printing the Iraqi currency, the governor of the bank said that it costs 5-6 cents per paper"
8-18-2023 Intel Guru MarkZ [via PDK] Article: “Sudanese and Mandalowi agree to speed up implementation of budget items” They are talking about the economic reforms, the projects etc…they need to stop in-fighting and get this thing implemented. In this implementation they need to control their rates. Exchange rates, parallel markets etc…so to me, this was a very encouraging article…they need to go sooner rather than later to get these reforms done…with a concerted effort from the various blocs to make it happen.
8-18-2023 Newshound Guru Sandy Ingram Article: "Member of parliamentary finance accuses Iran of printing Iraqi dinar sand replacing them with dollars" A parliament member is saying...Iran is reproducing Iraqi dinars in Argentina and then trading the dinar for U.S. dollars in Iraq before smuggling the money into Iran on a truck...Bottom line more banks in Iraq will be closed. Iraq's currency has been compromised even more.
8-18-2023 Intel Guru Frank26 What is the reason why we do not have the new exchange rate of the Iraqi dinar, the lower denoms, why? ...criminals...the corrupt...thieves...Iran...This is the perfect timing to remove Iran influence. Did you not see the money exchanges that are owned by the Iranian politicians closing up? Do you not see the banks that are owned by the Iranian politicians being closed up? Do you not see Iranian politicians being arrested? In fact do you not also see Iraqi politicians being arrested?
8-18-2023 Newshound/Intel Guru Mnt Goat ...the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules... an interview with Ali Alaq he told us the future vision of the Iraqi dinar...It is backing the dinar with GOLD! WOW!!! no longer just the dollar. Yes, we can definitely see the trend already to get the dollar out of Iraq. It is a process... Alaq says that today they back the dinar with the billions of reserves, which is the dollar. Then he talks about the future where it will be backed by GOLD not the Dollar. He says Iraq has 132 tons of gold...about $8,008,704,000 billion worth of GOLD...
8-18-2023 Intel Guru Frank26 There is no delay in the monetary reform process. The monetary reform process plows forward with great success. This corruption cleaning equals a new exchange rate.
8-18-2023 Newshound/Intel Guru Walkingstick These individuals that are being arrested have great influence in Iraq which can impact the outcome of the monetary reform process. And all these funds Sudani is recovering is helping to bring forth the new exchange rate and that's why every day you see more people being arrested, more corrupting being cleaned up.
8-18-2023 Intel Guru Bruce [via WiserNow] What is Iraq going to do - when are they going to maybe bring out their new rate, print it in the gazette - and all of that on Sunday? We believe the Prime Minister is here. Could he make the announcement from here or would that new rate and the opening of the budget and the HCl law which has been passed and needs to be implemented and soon...Would that be announced here or would that come out on Sunday or Wednesday? We don't know the answer to that yet...This is looking very solid for next week. Let's see what happens.
8-18-2023 Newshound Guru Militia Man Alaq out of the blue [In an article] Quote "from 5 to 6 cents the cost of the Iraqi currency edition per paper." He just happens to throw in how much it costs to print a note. Whether it's the small category notes or large notes, he's saying it is 5 to 6 cents...They're not printing any more triple zero notes from what they said...
8-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on television again...saying the CBI is in the middle of a battle fighting the dollar smugglers.
8-18-2023 Newshound Guru Clare Article: "Al-Alaq: The Iraqi government's debts to the Central Bank amount to 46 trillion dinars" Quote: "Regarding the cost of printing the Iraqi currency, the governor of the bank said that it costs 5-6 cents per paper"
8-18-2023 Intel Guru MarkZ [via PDK] Article: “Sudanese and Mandalowi agree to speed up implementation of budget items” They are talking about the economic reforms, the projects etc…they need to stop in-fighting and get this thing implemented. In this implementation they need to control their rates. Exchange rates, parallel markets etc…so to me, this was a very encouraging article…they need to go sooner rather than later to get these reforms done…with a concerted effort from the various blocs to make it happen.
8-18-2023 Newshound Guru Sandy Ingram Article: "Member of parliamentary finance accuses Iran of printing Iraqi dinar sand replacing them with dollars" A parliament member is saying...Iran is reproducing Iraqi dinars in Argentina and then trading the dinar for U.S. dollars in Iraq before smuggling the money into Iran on a truck...Bottom line more banks in Iraq will be closed. Iraq's currency has been compromised even more.
8-18-2023 Intel Guru Frank26 What is the reason why we do not have the new exchange rate of the Iraqi dinar, the lower denoms, why? ...criminals...the corrupt...thieves...Iran...This is the perfect timing to remove Iran influence. Did you not see the money exchanges that are owned by the Iranian politicians closing up? Do you not see the banks that are owned by the Iranian politicians being closed up? Do you not see Iranian politicians being arrested? In fact do you not also see Iraqi politicians being arrested?
8-18-2023 Newshound/Intel Guru Mnt Goat ...the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules... an interview with Ali Alaq he told us the future vision of the Iraqi dinar...It is backing the dinar with GOLD! WOW!!! no longer just the dollar. Yes, we can definitely see the trend already to get the dollar out of Iraq. It is a process... Alaq says that today they back the dinar with the billions of reserves, which is the dollar. Then he talks about the future where it will be backed by GOLD not the Dollar. He says Iraq has 132 tons of gold...about $8,008,704,000 billion worth of GOLD...
8-17-2023 Intel Guru MarkZ [via PDK] Comment: Many still think Iraq will float. MarkZ: My sources still believe straight to contract rates for us…
8-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor Alaq is on TV right now Channel One saying the trade with banned countries around us make the rise of the dollar. He didn't say the name of the counties but we are wise. We know he's talking about Iran... Turkey and Syria...Iran alone imports $10 billion of good for our markets. This makes the parallel market high on the dollar. Alaq is saying this is a struggle...he needs the United States of America to set up a way to trade with the banned countries to strengthen our dinar.
8-17-2023 Newshound Guru Militia Man Their job [parliament, GOI, CBI] is not to tell you, 'We're going to change the exchange rate from X to X tomorrow.' They're not going to do that.
8-17-2023 Intel Guru MarkZ [via PDK] ”Iraq possesses 132 tons of gold reserves” They are continuing to stock up. I believe they are way closer than they are telling us.
8-17-2023 Newshound Guru Clare Article: "We will not print dinars except under conditions." Quote: "Al-Alaq ruled out the central bank's resort to printing the dinar to secure the budget's need, unless we get an equivalent foreign currency."
8-17-2023 Newshound Guru Sandy Ingram $2,500,000,000 stolen. 160 cheques were used to withdraw $2.5 billion from Rafidain Bank in Iraq. It has only recovered $125 million. Interpol was called in because all 4 defendants live outside Iraq and hold US or British citizenship.
8-17-2023 Newshound Guru Samson Article "Expert: Trade with banned countries is behind the rise in the dollar.. Al-Alaq: The exchange rate cannot be reduced"
8-17-2023 Newshound/Intel Guru Walkingstick There is no delay. The process of the monetary reform right now is to clean the CBI...the government of Iraq of corruption and it is being done at a very fast pace...
8-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are showing us on television how they are arresting the corrupt in...high up positions. We are seeing the former Oil Minister and several others that are being arrested and they still have warrants out for the former prime minister... FRANK: There's a lot of cleanup going on in your country and you see it...
8-17-2023 Newshound Guru Militia Man What are we looking for? For them to spend the money [from the budget]. If they haven't spent the money they don't have it yet.
8-17-2023 Intel Guru MarkZ [via PDK] I believe it will stay quiet until we cross the finish line...But, I have been assured Iraq plans to finish in the month of August. And bankers are still looking at around the 20th…I hope that is accurate. And yes…I am an optimist.
8-17-2023 Newshound Guru Clare Article: "Expert: The visit of the security delegation to Washington paves the way for the visit of Al-Sudani..and warns"
8-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani being cleared to make trip to America FRANK: IMO the Prime Minister of Iraq Sudani is being cleared to make a trip to the United States of America... When was the last time that happened? (When Maliki was shunned by President Obama and sent back to Iraq.)
8-17-2023 Intel Guru Bruce [via WiserNow] ...we're sort of that day by day situation where we've been told – we’re minutes away – this is getting ready to go... things are really happening...I think the next two to three days we're going to be really significant if we go this week... Iraq is still saying they're going to put out a new rate and open their budget and pull it out in their gazette...they might wait until Saturday or it could be printed in a special edition...of the Gazette...and...the so called HCL the hydrocarbon law the oil and gas law... which has been passed a long time ago – would be implemented with the new rate... We'll see what happens.
8-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor Alaq is on TV right now Channel One saying the trade with banned countries around us make the rise of the dollar. He didn't say the name of the counties but we are wise. We know he's talking about Iran... Turkey and Syria...Iran alone imports $10 billion of good for our markets. This makes the parallel market high on the dollar. Alaq is saying this is a struggle...he needs the United States of America to set up a way to trade with the banned countries to strengthen our dinar.
8-17-2023 Newshound Guru Militia Man Their job [parliament, GOI, CBI] is not to tell you, 'We're going to change the exchange rate from X to X tomorrow.' They're not going to do that.
8-17-2023 Intel Guru MarkZ [via PDK] ”Iraq possesses 132 tons of gold reserves” They are continuing to stock up. I believe they are way closer than they are telling us.
8-17-2023 Newshound Guru Clare Article: "We will not print dinars except under conditions." Quote: "Al-Alaq ruled out the central bank's resort to printing the dinar to secure the budget's need, unless we get an equivalent foreign currency."
8-17-2023 Newshound Guru Sandy Ingram $2,500,000,000 stolen. 160 cheques were used to withdraw $2.5 billion from Rafidain Bank in Iraq. It has only recovered $125 million. Interpol was called in because all 4 defendants live outside Iraq and hold US or British citizenship.
8-17-2023 Newshound Guru Samson Article "Expert: Trade with banned countries is behind the rise in the dollar.. Al-Alaq: The exchange rate cannot be reduced"
8-17-2023 Newshound/Intel Guru Walkingstick There is no delay. The process of the monetary reform right now is to clean the CBI...the government of Iraq of corruption and it is being done at a very fast pace...
8-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are showing us on television how they are arresting the corrupt in...high up positions. We are seeing the former Oil Minister and several others that are being arrested and they still have warrants out for the former prime minister... FRANK: There's a lot of cleanup going on in your country and you see it...
8-17-2023 Newshound Guru Militia Man What are we looking for? For them to spend the money [from the budget]. If they haven't spent the money they don't have it yet.
8-17-2023 Intel Guru MarkZ [via PDK] I believe it will stay quiet until we cross the finish line...But, I have been assured Iraq plans to finish in the month of August. And bankers are still looking at around the 20th…I hope that is accurate. And yes…I am an optimist.
8-17-2023 Newshound Guru Clare Article: "Expert: The visit of the security delegation to Washington paves the way for the visit of Al-Sudani..and warns"
8-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani being cleared to make trip to America FRANK: IMO the Prime Minister of Iraq Sudani is being cleared to make a trip to the United States of America... When was the last time that happened? (When Maliki was shunned by President Obama and sent back to Iraq.)
8-17-2023 Intel Guru Bruce [via WiserNow] ...we're sort of that day by day situation where we've been told – we’re minutes away – this is getting ready to go... things are really happening...I think the next two to three days we're going to be really significant if we go this week... Iraq is still saying they're going to put out a new rate and open their budget and pull it out in their gazette...they might wait until Saturday or it could be printed in a special edition...of the Gazette...and...the so called HCL the hydrocarbon law the oil and gas law... which has been passed a long time ago – would be implemented with the new rate... We'll see what happens.
8-16-2023 Newshound Guru Clare Article "An arrest warrant was issued against the former Minister of Transport, Kazem Finjan Al-Hamami"
8-16-2023 Intel Guru Frank26 Question "Have they released the new small category notes in Iraq yet?" No. But IMO samples and specimens are about to be shown to the Iraqi citizens.
8-16-2023 Newshound Guru Militia Man They're going to have to be able to get to the stage, 'Look are we going to do the allocations for the 2023 budget...? Are we going to disperse that money? Are we going to spend it?' They haven't done that yet. They're not going to be able to buy all those widgets at 1310, build those bridges and all those different things. It just doesn't work...
8-16-2023 Newshound Guru Samson Article "Jaafar: The theft of the century has become an international issue and countries do not mind extraditing those involved"
8-16-2023 Intel Guru MarkZ Iraq is cleaning dinar off the streets…cleaning up…from counterfeit to illegal dinar...They have already taken in $1.4 trillion in dinar off the streets in the last few days. This is part of the same effort to support the value...they are getting rid of corruption…they are trying to control the dinar completely so they can justify a value change…they are working hard towards it… I believe its going to happen quicker than we think…They will go after the majority of the corruption then release the new rate. I think its imminent...Iraq has put themselves out there with projects…they need that change in value.
8-16-2023 Newshound/Intel Guru Walkingstick It is possible we will see more arrests coming...Money from many different bank accounts from around the world has been retrieved. All of this has an effect. When they retrieve all this money/property this has an effect on the new exchange rate. It has an effect on the release of the new currency. Three trillion Iraqi dinar (over $2 billion) is...what Sudani recovered. Sudani is doing what's needed to bring forth the new exchange rate...
8-16-2023 Intel Guru Frank26 Article Quote: "Many financial advisors in the government hope, with the release of budget funds, that next month will be a catalyst for the very large decrease in the dollar exchange rate." Well the CBI can't do that. How can you get a very large decrease in the American Exchange rate against the dinar? By adding value to the Iraqi dinar exchange rate.
Which is what they're about to do.
8-16-2023 Newshound Guru Kaperoni ...Claims the dinar is at a program rate. There's no such thing as a program rate, the exchange rate of dinar is the rate of the dinar! ...Iraq won't trade the dinar internationally at the current exchange rate of 1310. They already do and that is the exchange rate.
8-16-2023 Newshound Guru Clare Article: "A government source: Al-Sudani will announce from Baiji that the stolen materials will be returned from its refineries "
8-16-2023 Newshound Guru Militia Man There was an article...41 million forged dinars seized by the Kurdistan region. 41 million dinars isn't a lot of money right? But what it was was 41 million 25,000 notes that were seized that were forged. Why would somebody do that? They would do that because they're trying to figure out a way to game the system because they know something's changing.
8-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One says Iraq needs half of the existing exchange companies and banking needs to be rehabilitated. FRANK: Yes they're shutting them down left and right...they're selecting which ones they will give licenses back to because they will need many money exchangers when the rate goes up inside of Iraq because they...will bring in their 3-zero notes and exchange them for the lower denoms because the lower denoms will be more powerful than the 3-zero notes and IMO more powerful than the American dollar. Mark my word.
8-16-2023 Newshound/Intel Guru Mnt Goat In summary the process begins in Iraq with the project to delete the zeros. Once they complete this project they must wait and watch for inflation (1 -2 weeks), then if all goes well, they will trigger the reinstatement to FOREX. So, I am told right now we are waiting for yet one more rate change from the 1320 to around 1000. I think more like 1100ish, 1166ish... The rate of 1320 is very close to it... [post 2 of 2]
8-16-2023 Newshound/Intel Guru Mnt Goat I...want to remind everyone again that when they do decide RV they must follow “the process” already set up to do it as I was told in 2011 by Dr Shabibi. Also...all the other past rate changes... article after article came out afterwards telling us about them. This is what will happen again. Folks the RV, when it happens, will NOT be a secret. Get it? It will be sudden and swift. [post 1 of 2....stay tuned]
8-16-2023 Intel Guru MarkZ [via PDK] It’s exceptionally quiet on the RV front...A lot of them say things appear to be on schedule …but nothing more than that...We have the Iraq budget scheduled to release on the 20th. Question: I wonder are we going to see something this month?, or going into next month?. MarkZ: I very much think we will see it this month.
8-16-2023 Intel Guru Frank26 Question "Have they released the new small category notes in Iraq yet?" No. But IMO samples and specimens are about to be shown to the Iraqi citizens.
8-16-2023 Newshound Guru Militia Man They're going to have to be able to get to the stage, 'Look are we going to do the allocations for the 2023 budget...? Are we going to disperse that money? Are we going to spend it?' They haven't done that yet. They're not going to be able to buy all those widgets at 1310, build those bridges and all those different things. It just doesn't work...
8-16-2023 Newshound Guru Samson Article "Jaafar: The theft of the century has become an international issue and countries do not mind extraditing those involved"
8-16-2023 Intel Guru MarkZ Iraq is cleaning dinar off the streets…cleaning up…from counterfeit to illegal dinar...They have already taken in $1.4 trillion in dinar off the streets in the last few days. This is part of the same effort to support the value...they are getting rid of corruption…they are trying to control the dinar completely so they can justify a value change…they are working hard towards it… I believe its going to happen quicker than we think…They will go after the majority of the corruption then release the new rate. I think its imminent...Iraq has put themselves out there with projects…they need that change in value.
8-16-2023 Newshound/Intel Guru Walkingstick It is possible we will see more arrests coming...Money from many different bank accounts from around the world has been retrieved. All of this has an effect. When they retrieve all this money/property this has an effect on the new exchange rate. It has an effect on the release of the new currency. Three trillion Iraqi dinar (over $2 billion) is...what Sudani recovered. Sudani is doing what's needed to bring forth the new exchange rate...
8-16-2023 Intel Guru Frank26 Article Quote: "Many financial advisors in the government hope, with the release of budget funds, that next month will be a catalyst for the very large decrease in the dollar exchange rate." Well the CBI can't do that. How can you get a very large decrease in the American Exchange rate against the dinar? By adding value to the Iraqi dinar exchange rate.
Which is what they're about to do.
8-16-2023 Newshound Guru Kaperoni ...Claims the dinar is at a program rate. There's no such thing as a program rate, the exchange rate of dinar is the rate of the dinar! ...Iraq won't trade the dinar internationally at the current exchange rate of 1310. They already do and that is the exchange rate.
8-16-2023 Newshound Guru Clare Article: "A government source: Al-Sudani will announce from Baiji that the stolen materials will be returned from its refineries "
8-16-2023 Newshound Guru Militia Man There was an article...41 million forged dinars seized by the Kurdistan region. 41 million dinars isn't a lot of money right? But what it was was 41 million 25,000 notes that were seized that were forged. Why would somebody do that? They would do that because they're trying to figure out a way to game the system because they know something's changing.
8-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One says Iraq needs half of the existing exchange companies and banking needs to be rehabilitated. FRANK: Yes they're shutting them down left and right...they're selecting which ones they will give licenses back to because they will need many money exchangers when the rate goes up inside of Iraq because they...will bring in their 3-zero notes and exchange them for the lower denoms because the lower denoms will be more powerful than the 3-zero notes and IMO more powerful than the American dollar. Mark my word.
8-16-2023 Newshound/Intel Guru Mnt Goat In summary the process begins in Iraq with the project to delete the zeros. Once they complete this project they must wait and watch for inflation (1 -2 weeks), then if all goes well, they will trigger the reinstatement to FOREX. So, I am told right now we are waiting for yet one more rate change from the 1320 to around 1000. I think more like 1100ish, 1166ish... The rate of 1320 is very close to it... [post 2 of 2]
8-16-2023 Newshound/Intel Guru Mnt Goat I...want to remind everyone again that when they do decide RV they must follow “the process” already set up to do it as I was told in 2011 by Dr Shabibi. Also...all the other past rate changes... article after article came out afterwards telling us about them. This is what will happen again. Folks the RV, when it happens, will NOT be a secret. Get it? It will be sudden and swift. [post 1 of 2....stay tuned]
8-16-2023 Intel Guru MarkZ [via PDK] It’s exceptionally quiet on the RV front...A lot of them say things appear to be on schedule …but nothing more than that...We have the Iraq budget scheduled to release on the 20th. Question: I wonder are we going to see something this month?, or going into next month?. MarkZ: I very much think we will see it this month.
8-15-2023 Newshound Guru Militia Man If they haven't gone to the international stage of 1310 and they haven't done it today, the chances of them doing it are highly unlikely the International world wouldn't accept Iraq at 1310.
8-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying battle of the stability of the exchange rate will end soon with the recovery of the dinar. FRANK: This is amazing. I admit it has been a battle to stabilize the exchange rate and a program rate is not stable...a program rate has no equilibrium. The CBI is about to decrease the value of the American dollar in your country...these are indeed very exciting time.
8-15-2023 Newshound Guru Breitling What makes you think they were going to revalue their currency? They were depending on going international...and provide for the big boys - China, United States and Western Europe. That's still their plan they've never changed it.
8-15-2023 Newshound Guru Enorrste There is no such thing as an RV. That's the bottom line right there. There's a float leading to growth. We can hope that it'll grow fast and I suspect that it will but there certainly isn't going to go from 1601 to $3.50 overnight. It just can't happen.
8-15-2023 Newshound Guru Militia Man [Financial] systems are in place that have been updated, modified and now they're waiting for Iraq to be ready to go to the global financial system. Once they get to that stage they're going to be an Article VIII IMF compliant currency. That's our expectation...That's what they've been saying for quite some time.
8-15-2023 Intel Guru MarkZ I have not heard anything negative...a lot of projects are being funded. We know that now that money is moving they have go to get a rate change at any moment.
8-15-2023 Intel Guru Frank26 Article Quote: "The Iraqi dinar has been in an unenviable situation for nearly 20 years. After one dinar was equal to 3 and a half dollars..." Why are they doing this? We told you years ago when the second article from the CBI comes to the citizens they would explain to them in detail the history of their currency, they would explain the exchange rates, the currencies around them and you are seeing this... $3.21 - why are they bringing this up to their memory...psyche? ...To educate them. That's what we told you...voila.
8-15-2023 Guru Nader From The Mid East They need to find at least 80% of the money and get it back from them [The corrupt politicians and mafia] back for them to revalue the dinar.
8-15-2023 Newshound/Intel Guru Walkingstick There is no issue with the HCL and the Kurds and Baghdad. IOO the budget equals the HCL and the HCL equals the new exchange rate.
8-15-2023 Newshound Guru Militia Man Article Quote: "The parliamentary economic committee stands with the government and the central bank in fighting the speculators at the exchange rate..." Everybody's in agreement we need to fight this parallel market - we need to shut it down. Again, what is the easiest way to shut it down? Change the exchange rates to a Real Effective Exchange Rate shuts is down. In a broad sense that's what they're actually saying without saying it...
8-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Friend from the bank said this is what I heard trough the rumor mill. There will be another push. It will be the final push round up of the heads of corruption coming very soon. They are looking for a blend of the budget and money flow after this final push. This is just from the rumors.
8-15-2023 Intel Guru MarkZ [via PDK] Question: We have never seen an RV…so how do we know what to expect? We have seen RV’s (Re-Valuations). We may not have seen a world-wide event…but there have been many RV’s. We saw one in China in the 90’s…We saw Kuwait go through one in 91…in the 1970’s we saw Iraq go through one…After world war 2 we saw Japan go through this…We have seen Germany go through this twice…once after world war 1 and once after world war 2. This is not unprecedented.
8-15-2023 Intel Guru MarkZ [via PDK] Comment: [Guru] Nader said, corruption slowed down RV IQD no budget no HCL? [reference Nader post 8-14-2023] MarkZ: Remember these are the same stories we saw before the RV is Kuwait…The same stories we saw in China…the same stories we historically see before any revaluation of any currency in the last 100 years. Could it be a little longer? It could but I don’t think so…they are desperate and need the rate...
8-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying battle of the stability of the exchange rate will end soon with the recovery of the dinar. FRANK: This is amazing. I admit it has been a battle to stabilize the exchange rate and a program rate is not stable...a program rate has no equilibrium. The CBI is about to decrease the value of the American dollar in your country...these are indeed very exciting time.
8-15-2023 Newshound Guru Breitling What makes you think they were going to revalue their currency? They were depending on going international...and provide for the big boys - China, United States and Western Europe. That's still their plan they've never changed it.
8-15-2023 Newshound Guru Enorrste There is no such thing as an RV. That's the bottom line right there. There's a float leading to growth. We can hope that it'll grow fast and I suspect that it will but there certainly isn't going to go from 1601 to $3.50 overnight. It just can't happen.
8-15-2023 Newshound Guru Militia Man [Financial] systems are in place that have been updated, modified and now they're waiting for Iraq to be ready to go to the global financial system. Once they get to that stage they're going to be an Article VIII IMF compliant currency. That's our expectation...That's what they've been saying for quite some time.
8-15-2023 Intel Guru MarkZ I have not heard anything negative...a lot of projects are being funded. We know that now that money is moving they have go to get a rate change at any moment.
8-15-2023 Intel Guru Frank26 Article Quote: "The Iraqi dinar has been in an unenviable situation for nearly 20 years. After one dinar was equal to 3 and a half dollars..." Why are they doing this? We told you years ago when the second article from the CBI comes to the citizens they would explain to them in detail the history of their currency, they would explain the exchange rates, the currencies around them and you are seeing this... $3.21 - why are they bringing this up to their memory...psyche? ...To educate them. That's what we told you...voila.
8-15-2023 Guru Nader From The Mid East They need to find at least 80% of the money and get it back from them [The corrupt politicians and mafia] back for them to revalue the dinar.
8-15-2023 Newshound/Intel Guru Walkingstick There is no issue with the HCL and the Kurds and Baghdad. IOO the budget equals the HCL and the HCL equals the new exchange rate.
8-15-2023 Newshound Guru Militia Man Article Quote: "The parliamentary economic committee stands with the government and the central bank in fighting the speculators at the exchange rate..." Everybody's in agreement we need to fight this parallel market - we need to shut it down. Again, what is the easiest way to shut it down? Change the exchange rates to a Real Effective Exchange Rate shuts is down. In a broad sense that's what they're actually saying without saying it...
8-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Friend from the bank said this is what I heard trough the rumor mill. There will be another push. It will be the final push round up of the heads of corruption coming very soon. They are looking for a blend of the budget and money flow after this final push. This is just from the rumors.
8-15-2023 Intel Guru MarkZ [via PDK] Question: We have never seen an RV…so how do we know what to expect? We have seen RV’s (Re-Valuations). We may not have seen a world-wide event…but there have been many RV’s. We saw one in China in the 90’s…We saw Kuwait go through one in 91…in the 1970’s we saw Iraq go through one…After world war 2 we saw Japan go through this…We have seen Germany go through this twice…once after world war 1 and once after world war 2. This is not unprecedented.
8-15-2023 Intel Guru MarkZ [via PDK] Comment: [Guru] Nader said, corruption slowed down RV IQD no budget no HCL? [reference Nader post 8-14-2023] MarkZ: Remember these are the same stories we saw before the RV is Kuwait…The same stories we saw in China…the same stories we historically see before any revaluation of any currency in the last 100 years. Could it be a little longer? It could but I don’t think so…they are desperate and need the rate...
8-14-2023 Intel Guru Frank26 Question: "Has the oil and gas law been passed and implemented as the articles indicated?" Yes but IMO it too has to wait for the new exchange rate.
8-14-2023 Newshound Guru Militia Man ...Alaq, the Central Bank Governor, he's not new to Iraq. This man's been involved for many many years. He led the Arab Monetary Fund. He spent time there as the head honcho and now he's back here to do what? To finish this process. He recently stated the Iraqi dinar and/or subsequently the project to delete the zeros from the exchange rate still exists. If anybody's telling you this is a joke you really got to think about it and say did he really say that?
8-14-2023 Intel Guru MarkZ [via PDK] ...in the news “Argentina has a 18% devaluation of their currency” Just Boom and they flipped the switch. This is what a number of countries are facing if they do not asset back their currency. Argentina may be a “motivator” for Iraq, Vietnam and other countries to go ahead and pull their triggers…in a positive way on their values.
8-14-2023 Guru Nader From The Mid East What's slowing down the RV...and it's going to slow it down more and more until they find a solution for it. It's not the HCL...budget....What's slowing down the RV is the corruption...You guys have no idea how much corruption going on in Iraq...It's like a big mafia...bigger than the government for now...It's going to be a big fight...When the corruption goes to 20%, 15%, 10% that's where the RV is gonna happen...
8-14-2023 Newshound Guru Sandy Ingram Jeanine Hennis-Plasschaert, UN Special Representative in Iraq "Pervasive corruption is a major root cause of Iraqi dysfunction. And frankly, no leader can claim to be shielded from it." There will be little to no increase in currency value in Iraq until multinational companies can safely invest in Iraq without corruption or safety issues.
8-14-2023 Newshound Guru Samson Article: "Adviser to the Prime Minister: The financial situation in the country indicates a high degree of stability."
8-14-2023 Newshound Guru Militia Man The House of Representative ...Central Bank of Iraq...the legal departments all got together. What are they talking about? They're talking about implementing allocating and spending money for this budget. Anybody thinking this is not happening I have to disagree with you...
8-14-2023 Intel Guru Frank26 The CBI cannot change the rate of the American dollar...but they can change the rate of the Iraqi dinar...which will affect the rate of the American dollar to the point of not being used in Iraq any longer and that gives birth to a new sovereign national currency...
8-14-2023 Intel Guru MarkZ [via PDK] No negative news over the weekend…We are expecting a very busy week between now and the 20th….
8-14-2023 Newshound Guru Clare Article: "urgent... After a long wait, the Ministry of Finance finally publishes the instructions for implementing the budget"
8-14-2023 Newshound Guru Militia Man It's been weeks...and still to this day they haven't actually shown us the spending ability of the budget. Why is that? It's obvious - they're not coming out at 1310, 1320 or 1305...
8-14-2023 Newshound Guru tishwash Article: "The Sudanese government acknowledges the experience of dollar speculators and counts on September" Quote: "The launch of the budget definitely means the availability of funds... and this means that there is a large cash flow. " Al-Awadi added, "Many financial advisors in the government hope, with the release of budget funds, that next month will be a catalyst for the very large decrease in the dollar exchange rate."
8-14-2023 Newshound Guru Militia Man ...Alaq, the Central Bank Governor, he's not new to Iraq. This man's been involved for many many years. He led the Arab Monetary Fund. He spent time there as the head honcho and now he's back here to do what? To finish this process. He recently stated the Iraqi dinar and/or subsequently the project to delete the zeros from the exchange rate still exists. If anybody's telling you this is a joke you really got to think about it and say did he really say that?
8-14-2023 Intel Guru MarkZ [via PDK] ...in the news “Argentina has a 18% devaluation of their currency” Just Boom and they flipped the switch. This is what a number of countries are facing if they do not asset back their currency. Argentina may be a “motivator” for Iraq, Vietnam and other countries to go ahead and pull their triggers…in a positive way on their values.
8-14-2023 Guru Nader From The Mid East What's slowing down the RV...and it's going to slow it down more and more until they find a solution for it. It's not the HCL...budget....What's slowing down the RV is the corruption...You guys have no idea how much corruption going on in Iraq...It's like a big mafia...bigger than the government for now...It's going to be a big fight...When the corruption goes to 20%, 15%, 10% that's where the RV is gonna happen...
8-14-2023 Newshound Guru Sandy Ingram Jeanine Hennis-Plasschaert, UN Special Representative in Iraq "Pervasive corruption is a major root cause of Iraqi dysfunction. And frankly, no leader can claim to be shielded from it." There will be little to no increase in currency value in Iraq until multinational companies can safely invest in Iraq without corruption or safety issues.
8-14-2023 Newshound Guru Samson Article: "Adviser to the Prime Minister: The financial situation in the country indicates a high degree of stability."
8-14-2023 Newshound Guru Militia Man The House of Representative ...Central Bank of Iraq...the legal departments all got together. What are they talking about? They're talking about implementing allocating and spending money for this budget. Anybody thinking this is not happening I have to disagree with you...
8-14-2023 Intel Guru Frank26 The CBI cannot change the rate of the American dollar...but they can change the rate of the Iraqi dinar...which will affect the rate of the American dollar to the point of not being used in Iraq any longer and that gives birth to a new sovereign national currency...
8-14-2023 Intel Guru MarkZ [via PDK] No negative news over the weekend…We are expecting a very busy week between now and the 20th….
8-14-2023 Newshound Guru Clare Article: "urgent... After a long wait, the Ministry of Finance finally publishes the instructions for implementing the budget"
8-14-2023 Newshound Guru Militia Man It's been weeks...and still to this day they haven't actually shown us the spending ability of the budget. Why is that? It's obvious - they're not coming out at 1310, 1320 or 1305...
8-14-2023 Newshound Guru tishwash Article: "The Sudanese government acknowledges the experience of dollar speculators and counts on September" Quote: "The launch of the budget definitely means the availability of funds... and this means that there is a large cash flow. " Al-Awadi added, "Many financial advisors in the government hope, with the release of budget funds, that next month will be a catalyst for the very large decrease in the dollar exchange rate."
8-13-2023 Newshound Guru Militia Man Article: "The dinar is in the central recovery rooms.. and accusations against the Americans of creating crises" Quote: "...The National Currency requires elaborate measures to maintain strength in value internally and externally, on the basis of the measures to be taken will activate the private sector and expand the import and reduce exports." I may have this wrong, but, to build out the country, they need to do just as it is being stated. They need to take extreme measures to get the imports increased and the exports reduced. Why? Because, it is far cheaper to re-build the country with strength in the national currency. It is the foremost item that is now needed.
8-13-2023 Intel Guru Frank26 It sure seems like the key to everything is in the relationship between Baghdad and Kurdistan because that relationship agreed to open up the budget, agrees on HCL, agrees on Article 140, agrees on the oil right and without a doubt agrees with everything concerning monetary reform. They have exemplified that to Sudani.
8-13-2023 Newshound/Intel Guru Walkingstick The pause of monetary reform is due to smuggling, the profiteering of Iranian politician who own outlets.
8-13-2023 Newshound Guru Samson Article: "The dinar is in the central recovery rooms.. and accusations against the Americans of creating crises" Quote: "The sources of countries' strength in the economic field are determined by several factors, foremost of which is the national currency, which requires elaborate measures to maintain its strength internally and externally, and the basis of these measures is to activate the private sector, expand the import sector and reduce exports."
8-13-2023 Newshound Guru Pimpy Article: "Oil and gas...A law to resolve the dispute between Baghdad an 8th region, and a gateway to open all files" The oil and gas law issue has not been resolved. This has been ongoing for years...the hang up has a lot to do with the oil fields that were found after the constitution was written and they're saying technically it belongs to them but Iraq is saying, no, those still belong to us...
8-13-2023 Newshound Guru Militia Man The Oil and Gas Law...they keep saying they're going to have things done. I believe these guys have already done almost all the leg work... Article quote: "they're in very advanced steps in accelerating the legislation of the oil and gas law..." They're basically saying we're going to approve the law end of story. That's phenomenal...
8-13-2023 Newshound Guru Clare Article: "What are the reasons for the weakness of the Iraqi dinar compared to other currencies? ... An economist answers" Quote: "Al-Mashhadani said, The other matter is trade, that is, import and export, without relying on the government sector in particular. In Iraq's markets, as a result of the large discrepancy between import and export, it is natural that there is a great demand for dollars...The Iraqi dinar has been in an unenviable situation for nearly 20 years. After one dinar was equal to 3 and a half dollars during the past century, it reached more than 1550 against one US dollar, which caused problems in the Iraqi economy."
8-13-2023 Intel Guru sheila LATEST RATES ESTIMATED: QUOTES THE ANTICIPATED OPENING RATES BECAUSE WE DON'T KNOW HOW HIGH THE RATES MAY GO BASED ON FOREX AND OR YOUR ABILITY TO NEGOTIATE A HIGHER RATE -- MOST RECENT ANTICIPATED OPENING RATES -- DONG .47...DINAR 3.81...
8-13-2023 Intel Guru Frank26 New exchange rate equals sovereignty...it's not a secret. Everybody knows.
8-13-2023 Newshound Guru Militia Man If you're trying to buy widgets at 1310 dinar to a dollar you can't get very many widgets...Once they change the value of their currency to reflect the Real Effective Exchange Rate things become a lot cheaper for Iraq especially if they have the backing to prove they have...oil, gas, natural resources, tourism - all those things...they can easily meet a similarity to Kuwait. They're a bigger country, they have more assets...They have everything going for them...they're definitely undervalued at this time.
8-13-2023 Intel Guru MarkZ [via PDK] Question: Is it true dong could go as high as $3.00 rate. MarkZ Answer: There are a lot of rumors that the dong could go at $3.00 per dong. When I first started I was hoping for .36 cents. I was told recently about $2.25…but as of late…many of my banking folks say about $3.00. This would be just huge.
8-13-2023 Intel Guru Frank26 It sure seems like the key to everything is in the relationship between Baghdad and Kurdistan because that relationship agreed to open up the budget, agrees on HCL, agrees on Article 140, agrees on the oil right and without a doubt agrees with everything concerning monetary reform. They have exemplified that to Sudani.
8-13-2023 Newshound/Intel Guru Walkingstick The pause of monetary reform is due to smuggling, the profiteering of Iranian politician who own outlets.
8-13-2023 Newshound Guru Samson Article: "The dinar is in the central recovery rooms.. and accusations against the Americans of creating crises" Quote: "The sources of countries' strength in the economic field are determined by several factors, foremost of which is the national currency, which requires elaborate measures to maintain its strength internally and externally, and the basis of these measures is to activate the private sector, expand the import sector and reduce exports."
8-13-2023 Newshound Guru Pimpy Article: "Oil and gas...A law to resolve the dispute between Baghdad an 8th region, and a gateway to open all files" The oil and gas law issue has not been resolved. This has been ongoing for years...the hang up has a lot to do with the oil fields that were found after the constitution was written and they're saying technically it belongs to them but Iraq is saying, no, those still belong to us...
8-13-2023 Newshound Guru Militia Man The Oil and Gas Law...they keep saying they're going to have things done. I believe these guys have already done almost all the leg work... Article quote: "they're in very advanced steps in accelerating the legislation of the oil and gas law..." They're basically saying we're going to approve the law end of story. That's phenomenal...
8-13-2023 Newshound Guru Clare Article: "What are the reasons for the weakness of the Iraqi dinar compared to other currencies? ... An economist answers" Quote: "Al-Mashhadani said, The other matter is trade, that is, import and export, without relying on the government sector in particular. In Iraq's markets, as a result of the large discrepancy between import and export, it is natural that there is a great demand for dollars...The Iraqi dinar has been in an unenviable situation for nearly 20 years. After one dinar was equal to 3 and a half dollars during the past century, it reached more than 1550 against one US dollar, which caused problems in the Iraqi economy."
8-13-2023 Intel Guru sheila LATEST RATES ESTIMATED: QUOTES THE ANTICIPATED OPENING RATES BECAUSE WE DON'T KNOW HOW HIGH THE RATES MAY GO BASED ON FOREX AND OR YOUR ABILITY TO NEGOTIATE A HIGHER RATE -- MOST RECENT ANTICIPATED OPENING RATES -- DONG .47...DINAR 3.81...
8-13-2023 Intel Guru Frank26 New exchange rate equals sovereignty...it's not a secret. Everybody knows.
8-13-2023 Newshound Guru Militia Man If you're trying to buy widgets at 1310 dinar to a dollar you can't get very many widgets...Once they change the value of their currency to reflect the Real Effective Exchange Rate things become a lot cheaper for Iraq especially if they have the backing to prove they have...oil, gas, natural resources, tourism - all those things...they can easily meet a similarity to Kuwait. They're a bigger country, they have more assets...They have everything going for them...they're definitely undervalued at this time.
8-13-2023 Intel Guru MarkZ [via PDK] Question: Is it true dong could go as high as $3.00 rate. MarkZ Answer: There are a lot of rumors that the dong could go at $3.00 per dong. When I first started I was hoping for .36 cents. I was told recently about $2.25…but as of late…many of my banking folks say about $3.00. This would be just huge.
8-12-2023 Intel Guru Frank26 There's no such thing as "one" 800# unless you're talking about the United States Treasury. That's your universal 800# that you can pick up and ask them, 'Hey which one of your banks is going to be exchanging the Iraqi dinar?' They'll gladly tell you. You know why? Because they want you to exchange your dinars at these American banks so the dinar can be put into our federal reserves.
8-12-2023 Newshound Guru Militia Man Article "Towards a new global financial system Economical" This article doesn't go so far as to suggest Iraq is in the running or even applying to be a member of BRICS. Iraq may fall into the category of interested and monitoring developments while collecting and analyzing information. We will be watching close...
8-12-2023 Newshound Guru Breitling Look at all the countries surrounding Iraq and you look at the values of the currencies and you average it out. They don't want to be below that average. They don't want to be too far above that average because they'd be too expensive to do business with them.
8-12-2023 Newshound Guru Kaperoni Iraq made a decision some years ago that they want to raise the exchange rate based on the economic success of the country. This is the only way Iraq could afford such an event. Only with the success and growth and increase in GDP can the dinar go up in value. This takes time.
8-12-2023 Intel Guru Frank26 Question "If I only turn in a few dinars, how long will I have to exchange the rest? 60 days? 30 days?" Unknown. But IMO the IMF normally gives years for the float but with the great demand of the Iraqi dinar right now IMO it will not take that long.
8-12-2023 Newshound Guru Militia Man The Central Bank put out strict measures...now they've put out a 4th package. That 4th package is to reduce the interfaces for people to be able to get the dollar. Once they get rid of the dollar, what happens? The parallel market is going to get even worse... because ...supply and demand. If you reduce the dollar, it'll become so expensive that they're not going to want to use it. There will come a time where because they can't get it they'll be forced to use their own dinar. That's what this package is dealing with.
8-12-2023 Intel Guru MarkZ [via PDK] They need this sooner not later. IMO they do not need a float that is going to take forever. Things are very positive coming out of Iraq. ...I cannot tell you the exact timing yet…but sources think it may be sometime between the 15th and the 20th of August …This August – not next..lol.
8-12-2023 Newshound Guru Pimpy For 20 years Iraq has passed and was able to implement a budget even with the bad exchange rate... But people out there say, 'It's impossible, this budget won't be able to make it without a higher exchange rate.' That's not true. Who said they can't make it without a higher exchange rate? ...the exchange rate does affect the budget but...they already know the value of their currency. The entire budget is based on that value...I'm not saying you guys [Iraqis] couldn't appreciate a much higher exchange rate. I know we would love for you guys to get one...but...those individuals out there swearing up and down Iraq is not going to be able to make it without a higher exchange rate for these budgets, that's just a false claim...
8-12-2023 Intel Guru Frank26 The HCL is not delayed...it's in the budget and it waits for the new exchange rate...HCL is a vital key in releasing the new exchange rate...Once you see the HCL you will also automatically see the new exchange rate. They go hand in hand.
8-12-2023 Newshound Guru Militia Man Article: "Development Fund.. a step for economic advancement and investment revival" This article is packed with data! They are talking about the "nucleus" of the projects that will get Iraq into the real world of infrastructure build out, to get the development project off the ground and into to the private sector...It is all about show time...The costs associated with building networks of industrial cities, infrastructure, etc.. It is going to be massive and effectively far more cheaper once they adjust their currency to reflect a real effective exchange rate.. Amazingly cheaper IMO...
8-12-2023 Newshound/Intel Guru Mnt Goat Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once again. The mere fact that we are seeing an article like this one tells us the pressure is building to let go. This may take some actions from the UN to force the US to let go. They will also have to let go of OFAC sanctions on the dinar, which are still be imposed on it. If the constitution is fully implemented and the Pillars of Financial Reform are completed, we may see the RV and the Reinstatement. [post 2 of 2]
8-12-2023 Newshound/Intel Guru Mnt Goat the BIG, BIG news...I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the Federal Bank controls the dollar.” Actually “officially”...Iraq has been “fully” released out of Chapter VII. So why does this advisor say otherwise? ...the US won’t let Iraq get out their control of the billions of dollars of oil revenues flowing through the NY Chase Bank. That is really the issue...So, what situation does this put us in for getting the RV? [Post 1 of 2....stay tuned]
8-12-2023 Intel Guru MarkZ [via PDK] “Dana Gas receives $80 million from Iraq’s Kurdistan region” oil is absolutely flowing in the Kurdistan region. I think this is a solid sign that the money is moving and so is the HCL (hydrocarbon law). This is a big one in my book…
8-12-2023 Newshound Guru Militia Man Article "Towards a new global financial system Economical" This article doesn't go so far as to suggest Iraq is in the running or even applying to be a member of BRICS. Iraq may fall into the category of interested and monitoring developments while collecting and analyzing information. We will be watching close...
8-12-2023 Newshound Guru Breitling Look at all the countries surrounding Iraq and you look at the values of the currencies and you average it out. They don't want to be below that average. They don't want to be too far above that average because they'd be too expensive to do business with them.
8-12-2023 Newshound Guru Kaperoni Iraq made a decision some years ago that they want to raise the exchange rate based on the economic success of the country. This is the only way Iraq could afford such an event. Only with the success and growth and increase in GDP can the dinar go up in value. This takes time.
8-12-2023 Intel Guru Frank26 Question "If I only turn in a few dinars, how long will I have to exchange the rest? 60 days? 30 days?" Unknown. But IMO the IMF normally gives years for the float but with the great demand of the Iraqi dinar right now IMO it will not take that long.
8-12-2023 Newshound Guru Militia Man The Central Bank put out strict measures...now they've put out a 4th package. That 4th package is to reduce the interfaces for people to be able to get the dollar. Once they get rid of the dollar, what happens? The parallel market is going to get even worse... because ...supply and demand. If you reduce the dollar, it'll become so expensive that they're not going to want to use it. There will come a time where because they can't get it they'll be forced to use their own dinar. That's what this package is dealing with.
8-12-2023 Intel Guru MarkZ [via PDK] They need this sooner not later. IMO they do not need a float that is going to take forever. Things are very positive coming out of Iraq. ...I cannot tell you the exact timing yet…but sources think it may be sometime between the 15th and the 20th of August …This August – not next..lol.
8-12-2023 Newshound Guru Pimpy For 20 years Iraq has passed and was able to implement a budget even with the bad exchange rate... But people out there say, 'It's impossible, this budget won't be able to make it without a higher exchange rate.' That's not true. Who said they can't make it without a higher exchange rate? ...the exchange rate does affect the budget but...they already know the value of their currency. The entire budget is based on that value...I'm not saying you guys [Iraqis] couldn't appreciate a much higher exchange rate. I know we would love for you guys to get one...but...those individuals out there swearing up and down Iraq is not going to be able to make it without a higher exchange rate for these budgets, that's just a false claim...
8-12-2023 Intel Guru Frank26 The HCL is not delayed...it's in the budget and it waits for the new exchange rate...HCL is a vital key in releasing the new exchange rate...Once you see the HCL you will also automatically see the new exchange rate. They go hand in hand.
8-12-2023 Newshound Guru Militia Man Article: "Development Fund.. a step for economic advancement and investment revival" This article is packed with data! They are talking about the "nucleus" of the projects that will get Iraq into the real world of infrastructure build out, to get the development project off the ground and into to the private sector...It is all about show time...The costs associated with building networks of industrial cities, infrastructure, etc.. It is going to be massive and effectively far more cheaper once they adjust their currency to reflect a real effective exchange rate.. Amazingly cheaper IMO...
8-12-2023 Newshound/Intel Guru Mnt Goat Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once again. The mere fact that we are seeing an article like this one tells us the pressure is building to let go. This may take some actions from the UN to force the US to let go. They will also have to let go of OFAC sanctions on the dinar, which are still be imposed on it. If the constitution is fully implemented and the Pillars of Financial Reform are completed, we may see the RV and the Reinstatement. [post 2 of 2]
8-12-2023 Newshound/Intel Guru Mnt Goat the BIG, BIG news...I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the Federal Bank controls the dollar.” Actually “officially”...Iraq has been “fully” released out of Chapter VII. So why does this advisor say otherwise? ...the US won’t let Iraq get out their control of the billions of dollars of oil revenues flowing through the NY Chase Bank. That is really the issue...So, what situation does this put us in for getting the RV? [Post 1 of 2....stay tuned]
8-12-2023 Intel Guru MarkZ [via PDK] “Dana Gas receives $80 million from Iraq’s Kurdistan region” oil is absolutely flowing in the Kurdistan region. I think this is a solid sign that the money is moving and so is the HCL (hydrocarbon law). This is a big one in my book…
8-11-2023 Newshound Guru Militia Man They are going to need the exchange rate change to value the oil and gas law so they can distribute the wealth to the citizens.
8-11-2023 Intel Guru Frank26 Question: "Do you think we may get a sudden shock - the new exchange rate, or more likely to gradually grow over time?" We told you last month that IMO a third change in the exchange rate would occur. Let's see if that happens...it has been gradual.
8-11-2023 Intel Guru Bruce [via WiserNow] It was going to be Wednesday or Thursday we would be notified - and we'd be exchanging Thursday or Friday - hasn't happened...And if it in fact got started in Iraq...which we haven't confirmed, we're having difficulty getting the confirmation out of Iraq. However, if that did happen, then everything's moving forward in that light...We'll have to see how it goes in the next few days. Maybe something happens before and during the weekend. Maybe... next week. We'll just have to see what happens.
8-11-2023 Newshound Guru Paulette Community Comment: "At 1310 they could roll it [the budget] out but would run out of money due to high cost of materials needed to be brought into country without a new rate, a new rate will allow them to buy more materials ...1310 will bankrupt them internationally" I am not sure why they would run out of IQD to bring materials into the country. I thought that they have to pay for all imports with USD, The IQD is sanctioned and not able to be used to pay for imports. Isn't this the whole reason for Currency Sales of 200 million plus daily in order to pay imports?
8-11-2023 Newshound Guru Breitling There's an email being blasted out about Warka [Bank in Iraq] selling stock in Warka, where you can buy shares and own a share of Warka. I have not been able to confirm that and I know people who work at Warka so that's not a good sign. Even if they did offer that I sure as hell wouldn't get into that...It's backed by the CBI but it's also sanctioned by the CBI. Until they open everybody's account I'm not doing anything with Warka. I'm not afraid of losing my dinar or anything like that and if something like that did come up we have a lock tight mother scratching lawsuit that we will win and they will suffer. I'm not worried about that.
8-11-2023 Intel Guru MarkZ [via PDK] I could be wrong but I honestly think we will see it before the 20th… ...this weekend or next week…I do not know that answer. But I don’t think I have ever felt this good about things.
8-11-2023 Newshound Guru Militia Man ...they are doing a lot with the budget and finalizing disbursements and allocations. They are getting ready to spend money. Some of those time frames are coming on us quickly...I think things are pretty darn exciting.
8-11-2023 Newshound Guru Pimpy Article: "The Iraqi delegation in Washington paves the way for the Sudanese" Looks like the delegation from Iraq is here in the United States meeting with our officials over here in Washington. Looks like they're doing all they can to prepare a visit from Al-Sudani...
8-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV right now talking about how the oil and gas law will end all disputes with the regions...Sudani sees the situation and has brought the two sides together and this oil and gas law will bring stability and open all files. FRANK: Stability equals sovereignty. Sovereignty is the national currency and the files is the whole budget.
8-11-2023 Newshound Guru Militia Man They want to ween themselves off the dollar. We've seen numerous things about the dollar being phased out because the multi-currency practices aren't allowed and the black market is an illegal market...they don't want that illegal side of things anymore...
8-11-2023 Intel Guru MarkZ [via PDK] Question: If it’s a float-how will exchanging it at a contract rate work? MarkZ Answer: I am told they will still have redemption areas…they will still have trained staff to prove the validity of your currency.…I am also told if it comes in at a float they will offer you a multi currency account so you can deposit it and hold it as Iraqi dinar…. But the goal was to be in the $4 range…lets see which way they go. [post 2 of 2]
8-11-2023 Intel Guru MarkZ [via PDK] It absolutely could be a float. But that is not what I hear from my banking side. A float in-market and since our dinar is being claimed through the oil for dinar program and paid over time…we will get a contract price. Both stories make sense. I am just telling you what my sources and I believe. But anything under $1.30 doesn’t make sense for them…mathematically…for their budget and what they need to accomplish. [post 1 of 2....stay tuned]
8-11-2023 Newshound Guru Samson Article: "The Iraqi delegation in Washington paves the way for the Sudanese" Quote: "...there are usually preliminary meetings related to the strategic framework agreement, prior to reaching the summit meeting between the two parties," and it is likely that "this meeting will include US President Joe Biden and Iraqi Prime Minister Muhammad Shia'a Al-Sudani."
8-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV from CBI talking about central securities deposit system. It's on the news. FRANK: Whoa! That's big. How else are you going to control this 'monetary mass'.
8-11-2023 Intel Guru MarkZ [via PDK] banking story...From a reader: ”...my mom...mentions to me that a private client service from her major bank has been trying to get in touch with her in regards to the dong she has purchased...she made the appointment with the branch manager. This manager knew all about the QFS, and dinar, dong and Zim. She advised mom that she has to have at least $100,000 in cash to make an appointment with private client services. My mom has $800 bucks in her account. So the appointment was made on the basis of the future value of the dong which she purchased through that bank...The appointment with the VP of investments private client services will be this coming Monday morning...So we should get news on that then if we have not already crossed the finish line.
8-11-2023 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK THREATENS EXCHANGE COMPANIES WITH UNPRECEDENTED MEASURES" Quote: "The Central Bank of Iraq issued new directives that included strict measures on exchange companies, reaching the point of withdrawing their licenses and denying them access to the window of buying and selling currency." WOW! So the CBI is VERY serious and its about time!
8-11-2023 Intel Guru Frank26 Question: "Do you think we may get a sudden shock - the new exchange rate, or more likely to gradually grow over time?" We told you last month that IMO a third change in the exchange rate would occur. Let's see if that happens...it has been gradual.
8-11-2023 Intel Guru Bruce [via WiserNow] It was going to be Wednesday or Thursday we would be notified - and we'd be exchanging Thursday or Friday - hasn't happened...And if it in fact got started in Iraq...which we haven't confirmed, we're having difficulty getting the confirmation out of Iraq. However, if that did happen, then everything's moving forward in that light...We'll have to see how it goes in the next few days. Maybe something happens before and during the weekend. Maybe... next week. We'll just have to see what happens.
8-11-2023 Newshound Guru Paulette Community Comment: "At 1310 they could roll it [the budget] out but would run out of money due to high cost of materials needed to be brought into country without a new rate, a new rate will allow them to buy more materials ...1310 will bankrupt them internationally" I am not sure why they would run out of IQD to bring materials into the country. I thought that they have to pay for all imports with USD, The IQD is sanctioned and not able to be used to pay for imports. Isn't this the whole reason for Currency Sales of 200 million plus daily in order to pay imports?
8-11-2023 Newshound Guru Breitling There's an email being blasted out about Warka [Bank in Iraq] selling stock in Warka, where you can buy shares and own a share of Warka. I have not been able to confirm that and I know people who work at Warka so that's not a good sign. Even if they did offer that I sure as hell wouldn't get into that...It's backed by the CBI but it's also sanctioned by the CBI. Until they open everybody's account I'm not doing anything with Warka. I'm not afraid of losing my dinar or anything like that and if something like that did come up we have a lock tight mother scratching lawsuit that we will win and they will suffer. I'm not worried about that.
8-11-2023 Intel Guru MarkZ [via PDK] I could be wrong but I honestly think we will see it before the 20th… ...this weekend or next week…I do not know that answer. But I don’t think I have ever felt this good about things.
8-11-2023 Newshound Guru Militia Man ...they are doing a lot with the budget and finalizing disbursements and allocations. They are getting ready to spend money. Some of those time frames are coming on us quickly...I think things are pretty darn exciting.
8-11-2023 Newshound Guru Pimpy Article: "The Iraqi delegation in Washington paves the way for the Sudanese" Looks like the delegation from Iraq is here in the United States meeting with our officials over here in Washington. Looks like they're doing all they can to prepare a visit from Al-Sudani...
8-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV right now talking about how the oil and gas law will end all disputes with the regions...Sudani sees the situation and has brought the two sides together and this oil and gas law will bring stability and open all files. FRANK: Stability equals sovereignty. Sovereignty is the national currency and the files is the whole budget.
8-11-2023 Newshound Guru Militia Man They want to ween themselves off the dollar. We've seen numerous things about the dollar being phased out because the multi-currency practices aren't allowed and the black market is an illegal market...they don't want that illegal side of things anymore...
8-11-2023 Intel Guru MarkZ [via PDK] Question: If it’s a float-how will exchanging it at a contract rate work? MarkZ Answer: I am told they will still have redemption areas…they will still have trained staff to prove the validity of your currency.…I am also told if it comes in at a float they will offer you a multi currency account so you can deposit it and hold it as Iraqi dinar…. But the goal was to be in the $4 range…lets see which way they go. [post 2 of 2]
8-11-2023 Intel Guru MarkZ [via PDK] It absolutely could be a float. But that is not what I hear from my banking side. A float in-market and since our dinar is being claimed through the oil for dinar program and paid over time…we will get a contract price. Both stories make sense. I am just telling you what my sources and I believe. But anything under $1.30 doesn’t make sense for them…mathematically…for their budget and what they need to accomplish. [post 1 of 2....stay tuned]
8-11-2023 Newshound Guru Samson Article: "The Iraqi delegation in Washington paves the way for the Sudanese" Quote: "...there are usually preliminary meetings related to the strategic framework agreement, prior to reaching the summit meeting between the two parties," and it is likely that "this meeting will include US President Joe Biden and Iraqi Prime Minister Muhammad Shia'a Al-Sudani."
8-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV from CBI talking about central securities deposit system. It's on the news. FRANK: Whoa! That's big. How else are you going to control this 'monetary mass'.
8-11-2023 Intel Guru MarkZ [via PDK] banking story...From a reader: ”...my mom...mentions to me that a private client service from her major bank has been trying to get in touch with her in regards to the dong she has purchased...she made the appointment with the branch manager. This manager knew all about the QFS, and dinar, dong and Zim. She advised mom that she has to have at least $100,000 in cash to make an appointment with private client services. My mom has $800 bucks in her account. So the appointment was made on the basis of the future value of the dong which she purchased through that bank...The appointment with the VP of investments private client services will be this coming Monday morning...So we should get news on that then if we have not already crossed the finish line.
8-11-2023 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK THREATENS EXCHANGE COMPANIES WITH UNPRECEDENTED MEASURES" Quote: "The Central Bank of Iraq issued new directives that included strict measures on exchange companies, reaching the point of withdrawing their licenses and denying them access to the window of buying and selling currency." WOW! So the CBI is VERY serious and its about time!
8-10-2023 Newshound Guru Militia Man It's pretty powerful they're talking about Iraq is going to join the global financial system. Well, they're not going to do that with a program rate of 1310. They would have done it already...
8-10-2023 Intel Guru Frank26 Question: "If Iraq goes to 1 to 1 are we also 1 to 1 even internationally?" Yes, immediately, instantly. For example a 25000 note at 1 to 1 for you becomes...a value of $25,000.
8-10-2023 Intel Guru MarkZ [via PDK] ...Somebody making a reservation at a very expensive hotel in California, went online to try to book a room. As he was about to pay – he noticed something new on the website. They take different currencies as payment- a list of 30 or 40 of them from different countries... including Iraq and Vietnam...The question was asked “Do you know what this means?” and the booking agent said “I know exactly what this means-all the currencies are getting ready to be in line 1 to 1 with each other.“ There are even McDonalds now that you can pay with multiple currencies… Different people at well connected places are starting to hear this…its getting out.
8-10-2023 Newshound/Intel Guru Walkingstick How do you increase the value of the IQD? 'Monetary Mass'...the amount of currency in circulation... You can't reduce the value of the American dollar but you can increase the value of the Iraq dinar. They're telling the Iraqi citizens this is what they want to do to increase the value of the IQD. Anytime you see this [Monetary mass], they are trying to say they are trying to reduce the value of the USD by increasing the value of the IQD which is the only option they have.
8-10-2023 Newshound Guru Breitling Obviously the bank sanctions that were going to be put on Iraq, 14 banks, the Treasury got together with the CBI and they avoided that. That's no longer a threat. It probably wasn't a threat to the dinar to revalue in hindsight looking at it and what needed to be done to add value to the currency. There are a few people out there that speculated that it would probably cause it to move forward quicker. I'm not going to agree with it, but I'm not going to disagree with it either. It might be a very valid point, but it's all mute now because it's over with.
8-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some kind of new edition of oil and gas law about to be revealed. FRANK: When you see what this new addition to the HCL law is and you see that it is in position to be presented to the citizens then dog gone it that tells you there is a new exchange rate to give sovereignty to the citizens of Iraq...
8-10-2023 Newshound Guru Paulette If the rate is 1320 and there is an expense that needs to be paid by the MOF of 1,000 USD value, the MOF will exchange the 1,000 USD to 1,320,000 IQD in order to cover that expense. If the rate is 1 USD to 1 IQD, the MOF will exchange the 1,000 USD to 1,000 IQD in order to cover that expense. In both cases, the value of the expense the MOF covers is still $1,000. This is why I am confused when people state that they can't make the budget work at a "program rate". They have with every other budget they passed through the years and have continued on the 1/12 system at a "program rate" in the years they did not pass a budget... [Post 2 of 2]
8-10-2023 Newshound Guru Paulette Community comment: "None of the Projects in the Tripartite Budget can be begun at a Toilet Paper, Program Rate of 1310 +/-. The Tripartite Budget needs the Rate of $ 1.00 USD to $ 1.00 IQD as much, if not more..." ...Iraq's primary source of revenues is from oil sales...in USD. The MOF is authorized BY THE BUDGET to exchange the USD to IQD for specific approved line item expenses. The rate wouldn't seem to matter as it only dictates the amount of IQD the MOF obtains and remits for each USD. [Post 1 of 2....stay tuned]
8-10-2023 Intel Guru MarkZ [via PDK] News is still quiet. Even things specific from Iraq has been quiet for me...So far no changes in rates…
8-10-2023 Newshound Guru Militia Man Article quote: "Financial Experts for the adoption of the slogan 'Our Dinar' " The Iraqi people are about ready to start focusing in on their currency. The Central Bank is doing so and now even financial experts are out there trying to get the media and other entities to be on board.
8-10-2023 Newshound/Intel Guru Mnt Goat ...in the news this period, the International Islamic Bank (IMTB) in Iraq has announced the signing of a strategic partnership with CR2, with the aim of developing banking services. This partnership represents an important stage for the International Islamic Bank...This is all very good news for the banking sector and us investors as it feeds into the three “Pillars of the Iraqi Financial Reform” that they defined in the White Paper which will get us to the RV sooner than later...
8-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he still thinks we're going to see one more change to maybe 1166 or maybe 1000 then it will get good. FRANK: I told you the very same thing that there would be one more exchange rate change before the final official exchange rate to start to float and then they can get it to 1166 and they can come out at $1.16 which is fine with me.
8-10-2023 Intel Guru Bruce [via WiserNow] ...we were looking forward from about three or four different sources to this going...meaning notifications either Tuesday or Wednesday...Now, the way it stands now, we have not received notifications...but it definitely makes Thursday...definitely in play...Let's see what happens over the next few days.
8-10-2023 Intel Guru Frank26 Question: "If Iraq goes to 1 to 1 are we also 1 to 1 even internationally?" Yes, immediately, instantly. For example a 25000 note at 1 to 1 for you becomes...a value of $25,000.
8-10-2023 Intel Guru MarkZ [via PDK] ...Somebody making a reservation at a very expensive hotel in California, went online to try to book a room. As he was about to pay – he noticed something new on the website. They take different currencies as payment- a list of 30 or 40 of them from different countries... including Iraq and Vietnam...The question was asked “Do you know what this means?” and the booking agent said “I know exactly what this means-all the currencies are getting ready to be in line 1 to 1 with each other.“ There are even McDonalds now that you can pay with multiple currencies… Different people at well connected places are starting to hear this…its getting out.
8-10-2023 Newshound/Intel Guru Walkingstick How do you increase the value of the IQD? 'Monetary Mass'...the amount of currency in circulation... You can't reduce the value of the American dollar but you can increase the value of the Iraq dinar. They're telling the Iraqi citizens this is what they want to do to increase the value of the IQD. Anytime you see this [Monetary mass], they are trying to say they are trying to reduce the value of the USD by increasing the value of the IQD which is the only option they have.
8-10-2023 Newshound Guru Breitling Obviously the bank sanctions that were going to be put on Iraq, 14 banks, the Treasury got together with the CBI and they avoided that. That's no longer a threat. It probably wasn't a threat to the dinar to revalue in hindsight looking at it and what needed to be done to add value to the currency. There are a few people out there that speculated that it would probably cause it to move forward quicker. I'm not going to agree with it, but I'm not going to disagree with it either. It might be a very valid point, but it's all mute now because it's over with.
8-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some kind of new edition of oil and gas law about to be revealed. FRANK: When you see what this new addition to the HCL law is and you see that it is in position to be presented to the citizens then dog gone it that tells you there is a new exchange rate to give sovereignty to the citizens of Iraq...
8-10-2023 Newshound Guru Paulette If the rate is 1320 and there is an expense that needs to be paid by the MOF of 1,000 USD value, the MOF will exchange the 1,000 USD to 1,320,000 IQD in order to cover that expense. If the rate is 1 USD to 1 IQD, the MOF will exchange the 1,000 USD to 1,000 IQD in order to cover that expense. In both cases, the value of the expense the MOF covers is still $1,000. This is why I am confused when people state that they can't make the budget work at a "program rate". They have with every other budget they passed through the years and have continued on the 1/12 system at a "program rate" in the years they did not pass a budget... [Post 2 of 2]
8-10-2023 Newshound Guru Paulette Community comment: "None of the Projects in the Tripartite Budget can be begun at a Toilet Paper, Program Rate of 1310 +/-. The Tripartite Budget needs the Rate of $ 1.00 USD to $ 1.00 IQD as much, if not more..." ...Iraq's primary source of revenues is from oil sales...in USD. The MOF is authorized BY THE BUDGET to exchange the USD to IQD for specific approved line item expenses. The rate wouldn't seem to matter as it only dictates the amount of IQD the MOF obtains and remits for each USD. [Post 1 of 2....stay tuned]
8-10-2023 Intel Guru MarkZ [via PDK] News is still quiet. Even things specific from Iraq has been quiet for me...So far no changes in rates…
8-10-2023 Newshound Guru Militia Man Article quote: "Financial Experts for the adoption of the slogan 'Our Dinar' " The Iraqi people are about ready to start focusing in on their currency. The Central Bank is doing so and now even financial experts are out there trying to get the media and other entities to be on board.
8-10-2023 Newshound/Intel Guru Mnt Goat ...in the news this period, the International Islamic Bank (IMTB) in Iraq has announced the signing of a strategic partnership with CR2, with the aim of developing banking services. This partnership represents an important stage for the International Islamic Bank...This is all very good news for the banking sector and us investors as it feeds into the three “Pillars of the Iraqi Financial Reform” that they defined in the White Paper which will get us to the RV sooner than later...
8-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he still thinks we're going to see one more change to maybe 1166 or maybe 1000 then it will get good. FRANK: I told you the very same thing that there would be one more exchange rate change before the final official exchange rate to start to float and then they can get it to 1166 and they can come out at $1.16 which is fine with me.
8-10-2023 Intel Guru Bruce [via WiserNow] ...we were looking forward from about three or four different sources to this going...meaning notifications either Tuesday or Wednesday...Now, the way it stands now, we have not received notifications...but it definitely makes Thursday...definitely in play...Let's see what happens over the next few days.
8-9-2023 Newshound Guru Militia Man [The Prime Minister Sudani]
is suggesting..the government has launched major projects...
Article Quote "5 cities have been announced and we are in the process
of preparing the second meal in order to prepare it for investment...
" He's effectively telling you we're launching all of that...
You have to ask yourself, how are you going to do that at 1300,
1310 or 1320 as the exchange rate? You can't. We're gonna have
to watch and see what he's going to do...Remember, go back in time.
Al Sudani said, 'Hold on to your dinar because the dinar is stronger
than the dollar.'
8-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report]
FIREFLY: My bank friend say when they delete the zeros it will be
from the exchange rate and not the currency. Alaq said the rate
change is on his time and the delete the zeros still exists.
8-9-2023 Newshound/Intel Guru Walkingstick You should not panic
if we do not see the new exchange rate just yet. I can be changed at
a moment's notice. Why? Because a new exchange rate has already
been calculated. IMO it's coming out to make the budget function
financially. Nothing makes sense until we get a different exchange
rate.
8-9-2023 Newshound Guru Breitling Question: "Wouldn't it be great
for the U.S economy for an Iraqi RV?" How would that be good?
"Biden could over tax it." I don't think it's as big as you think it
is...It's not that the Iraqi dinar isn't important. It is. But
it's peanuts.
8-9-2023 Newshound Guru Kaperoni ...Issuing one's, fives tens, twenty notes. There will be no issuing of any smaller denominations until they develop a private sector economy, improve the countries GDP, reduce the money supply significantly.
8-9-2023 Intel Guru Frank26 The CBI can't reduce the value of the American dollar. Only the U.S. Treasury can do that...but you can add value to your currency can't you CBI? You can add mechanism to your own currency that will increase the value and decrease the American dollar in the process...
8-9-2023 Newshound Guru Pimpy Question: "What if Iraq un-pegged from the U.S. dollar?" ...it would have significant implications for the country's economy as well as for its international trade and financial relations. People are talking about un-pegging because of all the crap and stunts the United States pulls on Iraq causing the Iraqi dinar to lose its value...I think they would feel a lot more comfortable on de-pegging themselves if they had more than just oil providing the money for their budget. If they had other revenue streams that would be big...I don't think Iraq is in position quite yet to do that...
8-9-2023 Intel Guru MarkZ ...I'm expecting something big to break loose by Friday...most of my sources are "hey, just relax, watch it unroll between now and the 16th and 18th...you'll have everything you ever wanted"...I'm watching it all come together...but we don't know the time...we are clearly moving in that direction...
8-9-2023 Newshound Guru Samson Article: "Exchange companies refuse to sell the dollar: We are content with little and do not anger the central bank" Quote: "Explanation of the new instructions Many exchange companies stopped selling dollars on the black market, to avoid the penalties waved"
8-9-2023 Newshound Guru Militia Man The World Trade Organization is waiting patiently for Iraq's ability to get certain things stabilized and agreed to. They have some obstacles to get over the World Organization wants them to do. That obstacle is most likely their exchange rate - being Article VIII IMF compliant. That's going to be a very key component for this to happen.
8-9-2023 Intel Guru Frank26 The instructions for the budget, which I say is an exchange rate, a different one, is not in the gazette that is being released...These clowns, parliament committee, they went behind Sudani's back and they added projects to the budget for themselves...knuckleheads...We were going to do it this week but no you had to put this abuse in it. So we're going to hold up on the budget.
8-9-2023 Newshound/Intel Guru Mnt Goat ...If you were around a decade ago...remember that the CBI governor back then, Dr. Shabibi, he was able to stabilize the rate of the dinar at about 1166. I firmly believe this is about the rate they are targeting from 1320 to around 1166 next as their next “official” CBI rate. I was told this by my CBI contact that we would see yet one more official rate change prior to the project to delete the zeros and then the reinstatement...
is suggesting..the government has launched major projects...
Article Quote "5 cities have been announced and we are in the process
of preparing the second meal in order to prepare it for investment...
" He's effectively telling you we're launching all of that...
You have to ask yourself, how are you going to do that at 1300,
1310 or 1320 as the exchange rate? You can't. We're gonna have
to watch and see what he's going to do...Remember, go back in time.
Al Sudani said, 'Hold on to your dinar because the dinar is stronger
than the dollar.'
8-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report]
FIREFLY: My bank friend say when they delete the zeros it will be
from the exchange rate and not the currency. Alaq said the rate
change is on his time and the delete the zeros still exists.
8-9-2023 Newshound/Intel Guru Walkingstick You should not panic
if we do not see the new exchange rate just yet. I can be changed at
a moment's notice. Why? Because a new exchange rate has already
been calculated. IMO it's coming out to make the budget function
financially. Nothing makes sense until we get a different exchange
rate.
8-9-2023 Newshound Guru Breitling Question: "Wouldn't it be great
for the U.S economy for an Iraqi RV?" How would that be good?
"Biden could over tax it." I don't think it's as big as you think it
is...It's not that the Iraqi dinar isn't important. It is. But
it's peanuts.
8-9-2023 Newshound Guru Kaperoni ...Issuing one's, fives tens, twenty notes. There will be no issuing of any smaller denominations until they develop a private sector economy, improve the countries GDP, reduce the money supply significantly.
8-9-2023 Intel Guru Frank26 The CBI can't reduce the value of the American dollar. Only the U.S. Treasury can do that...but you can add value to your currency can't you CBI? You can add mechanism to your own currency that will increase the value and decrease the American dollar in the process...
8-9-2023 Newshound Guru Pimpy Question: "What if Iraq un-pegged from the U.S. dollar?" ...it would have significant implications for the country's economy as well as for its international trade and financial relations. People are talking about un-pegging because of all the crap and stunts the United States pulls on Iraq causing the Iraqi dinar to lose its value...I think they would feel a lot more comfortable on de-pegging themselves if they had more than just oil providing the money for their budget. If they had other revenue streams that would be big...I don't think Iraq is in position quite yet to do that...
8-9-2023 Intel Guru MarkZ ...I'm expecting something big to break loose by Friday...most of my sources are "hey, just relax, watch it unroll between now and the 16th and 18th...you'll have everything you ever wanted"...I'm watching it all come together...but we don't know the time...we are clearly moving in that direction...
8-9-2023 Newshound Guru Samson Article: "Exchange companies refuse to sell the dollar: We are content with little and do not anger the central bank" Quote: "Explanation of the new instructions Many exchange companies stopped selling dollars on the black market, to avoid the penalties waved"
8-9-2023 Newshound Guru Militia Man The World Trade Organization is waiting patiently for Iraq's ability to get certain things stabilized and agreed to. They have some obstacles to get over the World Organization wants them to do. That obstacle is most likely their exchange rate - being Article VIII IMF compliant. That's going to be a very key component for this to happen.
8-9-2023 Intel Guru Frank26 The instructions for the budget, which I say is an exchange rate, a different one, is not in the gazette that is being released...These clowns, parliament committee, they went behind Sudani's back and they added projects to the budget for themselves...knuckleheads...We were going to do it this week but no you had to put this abuse in it. So we're going to hold up on the budget.
8-9-2023 Newshound/Intel Guru Mnt Goat ...If you were around a decade ago...remember that the CBI governor back then, Dr. Shabibi, he was able to stabilize the rate of the dinar at about 1166. I firmly believe this is about the rate they are targeting from 1320 to around 1166 next as their next “official” CBI rate. I was told this by my CBI contact that we would see yet one more official rate change prior to the project to delete the zeros and then the reinstatement...
8-8-2023 Newshound Guru Militia Man The Black market goes away as we know it once Iraq changes the exchange rate to exceed the dollar in value. imo.
8-8-2023 Intel Guru MarkZ [via PDK] In Iraq “On top of them is Al Kazemi. Al Musawi demands that those who were involved in steal of the century be tried publically in the center of the capital” 2 and ½ Billion dollars funneled out by government officials. They want disclosure…It’s everything to them, and they want to air all the dirty laundry. I think this is a huge step and a very healing step. They want to try these people so it never happens again...They are making certain things are safe and transparent.
8-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Went to bank friend. He says in his opinion we're going to see another official change down from 1320 to closer to 1100 or 1000 and I heard through the rumor mill that this next step, rate change, is needed. FRANK: ...Was this not the exact numbers we told you months ago that there would be a 3rd exchange rate somewhere between 1200 10 1000...this will make it so much easier to lift the 3-zeros because IMO the IQD is next in line..
8-8-2023 Newshound Guru Pimpy There's no such thing as in-country rate versus a rate for outside the country...Whatever they [Iraqis] learn and find out about the exchange rate so do we. It's not that they're going to get an advance notice. That won't happen.
8-8-2023 Guru Nader From The Mid East Iraq need an exchange rate... 1 to 1 that's not a big deal. Why? Because the county is not poor. The country is very rich...Now we have oil... we have gas, soon we're gonna have tourists... manufacturers. We're gonna have a lot of things like every country...we need a new exchange rate. We need to be equal to other countries. I think it's gonna come soon...
8-8-2023 Newshound/Intel Guru Walkingstick 1200 to 1000 IMO is the instructions of the budget, is the instructions of the monetary reforms next step. The instructions is part of the exchange rate and the exchange rate is always a component of the budget. Is it is in the Gazette with the new exchange rate? No. ...The budget law is now in the Gazette because the budget law is the budget. It is in the Gazette which puts the exchange rate to be seen. It will reveal the exchange rate now. Will it be different from the 1320? We wait to see.
8-8-2023 Newshound Guru Militia Man They're openly telling you, 'Our dinar is our sovereignty.' Well exactly, so let's get on it. Do it. Get it done. And that's what we're seeing...I think they're going to be doing it quite quickly now. And I think we're going to start watching some circumstances unfold in the very short period of time, whether that's this week or not is to be determined but they're openly showing that they are doing things that suggest they're doing things today, tomorrow, the next day, next week, they're moving forward. They're not going to stop.
8-8-2023 Intel Guru MarkZ [via PDK] Member comment: A banker was said to have told a customer who asked about the new offices…was told it was for currency exchanges. He was asked if he had any and he said “dong and rate will be $3 per dong” MarkZ: We had something similar happen in several different areas.
8-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We hear on TV that the budget is active now since the instructions have been given. FRANK: Your budget is active. Your budget is open. The problem is there are issues...amendments...appeals being put on the budget right now. Once those are removed you will have more of your presents open on this Christmas Day.
8-8-2023 Newshound Guru Clare Article: "The tripartite budget instructions come into effect after being published in the Iraqi Gazette" Quote: "The Iraqi Al-Waqi newspaper published, on Monday, the instructions for the tripartite budget, which entered into force. "The instructions of the tripartite budget law have been published in the Official Gazette, said Hanan Munther Nassif, Director General of the Iraqi Gazette."
8-8-2023 Newshound Guru CANDYKISSES Article: " 'Our dinar'. A campaign to return the dollar exchange to its normal rates" Quotes: "...the return of the dollar exchange to its normal rates needs to adopt the slogan "Our dinar", calling at the same time for the concerted efforts of government institutions, the private sector and the media to support dealing with dinars exclusively, and to leave dollar transactions."; "Restricting transactions to dinars is an important step that raises the value of the dinar and takes the market to the stage of stability,"
8-8-2023 Intel Guru MarkZ [via PDK] I have been told over and over again the NDA will be about the rate. We can tell them we exchanged dinar…we are just not allowed to tell the specific rate we were paid. That is what I was told. This makes sense.
8-8-2023 Intel Guru MarkZ [via PDK] In Iraq “On top of them is Al Kazemi. Al Musawi demands that those who were involved in steal of the century be tried publically in the center of the capital” 2 and ½ Billion dollars funneled out by government officials. They want disclosure…It’s everything to them, and they want to air all the dirty laundry. I think this is a huge step and a very healing step. They want to try these people so it never happens again...They are making certain things are safe and transparent.
8-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Went to bank friend. He says in his opinion we're going to see another official change down from 1320 to closer to 1100 or 1000 and I heard through the rumor mill that this next step, rate change, is needed. FRANK: ...Was this not the exact numbers we told you months ago that there would be a 3rd exchange rate somewhere between 1200 10 1000...this will make it so much easier to lift the 3-zeros because IMO the IQD is next in line..
8-8-2023 Newshound Guru Pimpy There's no such thing as in-country rate versus a rate for outside the country...Whatever they [Iraqis] learn and find out about the exchange rate so do we. It's not that they're going to get an advance notice. That won't happen.
8-8-2023 Guru Nader From The Mid East Iraq need an exchange rate... 1 to 1 that's not a big deal. Why? Because the county is not poor. The country is very rich...Now we have oil... we have gas, soon we're gonna have tourists... manufacturers. We're gonna have a lot of things like every country...we need a new exchange rate. We need to be equal to other countries. I think it's gonna come soon...
8-8-2023 Newshound/Intel Guru Walkingstick 1200 to 1000 IMO is the instructions of the budget, is the instructions of the monetary reforms next step. The instructions is part of the exchange rate and the exchange rate is always a component of the budget. Is it is in the Gazette with the new exchange rate? No. ...The budget law is now in the Gazette because the budget law is the budget. It is in the Gazette which puts the exchange rate to be seen. It will reveal the exchange rate now. Will it be different from the 1320? We wait to see.
8-8-2023 Newshound Guru Militia Man They're openly telling you, 'Our dinar is our sovereignty.' Well exactly, so let's get on it. Do it. Get it done. And that's what we're seeing...I think they're going to be doing it quite quickly now. And I think we're going to start watching some circumstances unfold in the very short period of time, whether that's this week or not is to be determined but they're openly showing that they are doing things that suggest they're doing things today, tomorrow, the next day, next week, they're moving forward. They're not going to stop.
8-8-2023 Intel Guru MarkZ [via PDK] Member comment: A banker was said to have told a customer who asked about the new offices…was told it was for currency exchanges. He was asked if he had any and he said “dong and rate will be $3 per dong” MarkZ: We had something similar happen in several different areas.
8-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We hear on TV that the budget is active now since the instructions have been given. FRANK: Your budget is active. Your budget is open. The problem is there are issues...amendments...appeals being put on the budget right now. Once those are removed you will have more of your presents open on this Christmas Day.
8-8-2023 Newshound Guru Clare Article: "The tripartite budget instructions come into effect after being published in the Iraqi Gazette" Quote: "The Iraqi Al-Waqi newspaper published, on Monday, the instructions for the tripartite budget, which entered into force. "The instructions of the tripartite budget law have been published in the Official Gazette, said Hanan Munther Nassif, Director General of the Iraqi Gazette."
8-8-2023 Newshound Guru CANDYKISSES Article: " 'Our dinar'. A campaign to return the dollar exchange to its normal rates" Quotes: "...the return of the dollar exchange to its normal rates needs to adopt the slogan "Our dinar", calling at the same time for the concerted efforts of government institutions, the private sector and the media to support dealing with dinars exclusively, and to leave dollar transactions."; "Restricting transactions to dinars is an important step that raises the value of the dinar and takes the market to the stage of stability,"
8-8-2023 Intel Guru MarkZ [via PDK] I have been told over and over again the NDA will be about the rate. We can tell them we exchanged dinar…we are just not allowed to tell the specific rate we were paid. That is what I was told. This makes sense.
8-7-2023 Intel Guru Frank26 [In response to large currency exchange kiosks being set up in malls in Texas and Florida] Why in Gods name are these places being set up right now? Timing.
8-7-2023 Newshound Guru Militia Man If they issue new notes, 1s, 5s, 10s, 20s, 50s etc alongside the bigger notes they're going to be able to be in country side by side for a period of up to 10 years...
8-7-2023 Newshound Guru Enorrste They already have 132 tons of gold. Now they're coming in with another 50 tons per year. They're planning on making this the strongest currency in the world. There's no question in my mind. They already have the strongest currency in the world because they've got 110 billion in cash in reserves...they're over 100% coverage of their full money supply. No other country has that strong of a currency... they're not messing around. They want to have the strongest currency in the world.
8-7-2023 Guru Nader From The Mid East Where would you go? Would you come to me? Of course you would come to me because you'll make more money on your dollars...That's why it's so hard...That's why the parallel market will always exist. It will never go off no matter how many they're gonna arrest. But they can control it. Instead now it's 70% parallel market will become like 20%, 10% maybe. The dinar is going to be a lot stronger if the parallel market goes down to 10%-20%. [Post 2 of 2]
8-7-2023 Guru Nader From The Mid East Let me explain...why the parallel market is so hard to get out of it...If you live in Iraq and you have say, $1000. If you go to the bank or you go in an exchange office they will change your dollar for 1320-1310 plus some fees. You lose a lot of money. If you go to the parallel market...can be in a street changing money, without license, without anything... You come see me [Street vendor] with $1,000 and I'll give you 1500 dinar for a dollar. [Post 1 of 2....stay tuned]
8-7-2023 Intel Guru MarkZ [via PDK] “Iraq shut down Telegram yesterday for National Security” This was yesterday about noon their time. From a number of news agencies. They said it’s for “national security” that they suspended the popular messaging system. We were also told they wanted control of information across borders in and out of Iraq close to the revaluation. So things could not leak…It could be. We were told they would start controlling currency movement at the borders …and control the press releases…at that time… I think its interesting…let’s see if it pans out.
8-7-2023 Intel Guru Frank26 What has been the reason why we don't have the monetary reform? Why don't we have the new exchange rate? The reason is because of the...acts of Iran upon Iraq's government and banking structure...
8-7-2023 Newshound Guru Militia Man Article Quote: "Regarding the increase in the monetary mass, Khalaf stressed that the process of increasing the monetary mass is directly linked to the process of increasing the foreign reserves owned by the Central Bank, so any financing for the public treasury is through the exchange of dollars obtained from oil sales with dinars, and therefore any increase in the dinar mass comes mainly from foreign currency...There is no fear of any increase in the monetary mass." There we have it. The Central Bank is not going to increase the monetary mass. There should be no fear of any increase in it from here on out. The CBI is giving reassurances to the citizens on that matter.
8-7-2023 Newshound Guru Samson Article: "Planning: Budget instructions issued this week and many projects will see the light of day"
8-7-2023 Newshound Guru Clare Article: "The Minister of Labor confirms: This week is the date to start implementing the instructions of the financial budget"
8-7-2023 Intel Guru MarkZ [via PDK] We have a great bank story...out of North Carolina from a Regional Bank. A person goes in their local branch…There is a new office in there. …In it is a currency exchange room with pictures of mostly European currencies on them. The person asked what this was about?... It was explained to them that they would be handling a lot of currencies. The person said “I have a lot of ...“Vietnamese dong, “ The branch manager said “That’s great” The person asked “What do you think the rate is going to be? The bank manager said “Around $3 is what we are hearing..."
8-7-2023 Newshound Guru Militia Man If they issue new notes, 1s, 5s, 10s, 20s, 50s etc alongside the bigger notes they're going to be able to be in country side by side for a period of up to 10 years...
8-7-2023 Newshound Guru Enorrste They already have 132 tons of gold. Now they're coming in with another 50 tons per year. They're planning on making this the strongest currency in the world. There's no question in my mind. They already have the strongest currency in the world because they've got 110 billion in cash in reserves...they're over 100% coverage of their full money supply. No other country has that strong of a currency... they're not messing around. They want to have the strongest currency in the world.
8-7-2023 Guru Nader From The Mid East Where would you go? Would you come to me? Of course you would come to me because you'll make more money on your dollars...That's why it's so hard...That's why the parallel market will always exist. It will never go off no matter how many they're gonna arrest. But they can control it. Instead now it's 70% parallel market will become like 20%, 10% maybe. The dinar is going to be a lot stronger if the parallel market goes down to 10%-20%. [Post 2 of 2]
8-7-2023 Guru Nader From The Mid East Let me explain...why the parallel market is so hard to get out of it...If you live in Iraq and you have say, $1000. If you go to the bank or you go in an exchange office they will change your dollar for 1320-1310 plus some fees. You lose a lot of money. If you go to the parallel market...can be in a street changing money, without license, without anything... You come see me [Street vendor] with $1,000 and I'll give you 1500 dinar for a dollar. [Post 1 of 2....stay tuned]
8-7-2023 Intel Guru MarkZ [via PDK] “Iraq shut down Telegram yesterday for National Security” This was yesterday about noon their time. From a number of news agencies. They said it’s for “national security” that they suspended the popular messaging system. We were also told they wanted control of information across borders in and out of Iraq close to the revaluation. So things could not leak…It could be. We were told they would start controlling currency movement at the borders …and control the press releases…at that time… I think its interesting…let’s see if it pans out.
8-7-2023 Intel Guru Frank26 What has been the reason why we don't have the monetary reform? Why don't we have the new exchange rate? The reason is because of the...acts of Iran upon Iraq's government and banking structure...
8-7-2023 Newshound Guru Militia Man Article Quote: "Regarding the increase in the monetary mass, Khalaf stressed that the process of increasing the monetary mass is directly linked to the process of increasing the foreign reserves owned by the Central Bank, so any financing for the public treasury is through the exchange of dollars obtained from oil sales with dinars, and therefore any increase in the dinar mass comes mainly from foreign currency...There is no fear of any increase in the monetary mass." There we have it. The Central Bank is not going to increase the monetary mass. There should be no fear of any increase in it from here on out. The CBI is giving reassurances to the citizens on that matter.
8-7-2023 Newshound Guru Samson Article: "Planning: Budget instructions issued this week and many projects will see the light of day"
8-7-2023 Newshound Guru Clare Article: "The Minister of Labor confirms: This week is the date to start implementing the instructions of the financial budget"
8-7-2023 Intel Guru MarkZ [via PDK] We have a great bank story...out of North Carolina from a Regional Bank. A person goes in their local branch…There is a new office in there. …In it is a currency exchange room with pictures of mostly European currencies on them. The person asked what this was about?... It was explained to them that they would be handling a lot of currencies. The person said “I have a lot of ...“Vietnamese dong, “ The branch manager said “That’s great” The person asked “What do you think the rate is going to be? The bank manager said “Around $3 is what we are hearing..."
8-6-2023 Newshound Guru Militia Man What this could mean is that that sets the stage for them to be able to have the ability to funnel money into the Iraqi Stock Exchange from international circumstances...That's really really big because going international, the amount of money that will flow through their stock exchange is going to probably be astronomical. It's going to be good for them...Iraqi citizens...investors...you and I. It's a powerful thing. Take it seriously. It's coming to us now. [Post 2 of 2]
8-6-2023 Newshound Guru Militia Man The Central Securities Deposit System has a time frame on it that's going to start as early as, as they say specifically on the CBI's website...August 7th...All banks in the country were notified 14 days days prior to the first of August to be set up and ready to go on this new system and they have until implementation day. Their words not mine - August 7, 2023. [Post 1 of 2....stay tuned]
8-6-2023 Intel Guru Bruce [via WiserNow] The latest information I have so far...is pointing toward Monday or Tuesday for notifications and Tuesday, Wednesday... for our exchanges... rates are changing at the banks every day with new rates with the trading that's going on globally. I think things are happening...We're looking forward to being notified...
8-6-2023 Newshound Guru Pimpy People who are poor are not going to go to the bank to exchange their money when they can get a lot more dinar for the dollar...People are smuggling currencies out of Iraq to countries who are under sanctions. How they're doing it is by creating a black market. They give you more dinars for your US dollar than you could get at the bank. As you can see somebody's sending $100 from the United States to somebody in Iraq who's able to go to the black market and get 1550 dinars for every dollar will benefit by 23,000 dinars. You can buy enough food to last your family anywhere from two to four weeks in Iraq. [Post 2 of 2]
8-6-2023 Newshound Guru Pimpy [Hypothetically] Do you see how much food I was able to buy [in Iraq] with 23,000 dinars - enough food to stretch out weeks if not a month...I got milk, bread, pounds or rice, eggs, chicken fillets, beef, bananas, oranges, a couple pounds of potatoes, I got water - this stretches out. So why would I go to the bank and swap my $100 for 1320 dinars per dollar when I can exchange it for 1550 dinars for every dollar. Do you understand why Iraq is running into this dilemma? [Post 1 of 2....stay tuned]
8-6-2023 Intel Guru Frank26 The bad guys...they took 5000 families, they moved them from where they lived, closer to Baghdad so they could open bank accounts. They paid them $200 to take over the bank account so they could smuggle American dollar out of Iraq through Iraqi banks...You'd think that would be the end of the stealing. Yah! We caught everybody that's stealing. No. This is just the tip. This is why we don't see the monetary reform and new exchange rate moving forward just yet. These things have to be taken care of and Sudani and Alaq are doing fantastic...
8-6-2023 Guru Nader From The Mid East Forget anywhere in the world. Even Africa I can't because when I take 2 million or 3 million dinars if you...have a family like me...15 day or even a week that's not enough...Before 2003 when Saddam was alive a minimum paycheck used to be $3,000...which is 1000 dinars. With 1000 dinar you can do a lot of things...I can bring in my family for a week...Iraq needs an exchange rate. Need their money to go back at least 1 to 1. 1 to 1 would be very fair. 3 to 1, 2 to 1 would be better. But for now 1 to 1. [Post 2 of 2]
8-6-2023 Guru Nader From The Mid East I'm gonna disagree with you [Guru Pimpy] when you say the budget doesn't need a new exchange rate because Iraq has been living for 20 years with a bad exchange rate and it didn't bother us. No, it bothered us a lot and things are very very expensive...Why we need a new exchange rate? First for purchasing power. Second when we travel a lot especially for work or even for pleasure...If I want to come over here [The US] on vacation I can't. If I want to go to Europe...Australia... Canada I can't. [Post 1 of 2....stay tuned]
8-6-2023 Newshound Guru Clare Article: "And finally.. 50 days after its approval.. the budget enters into force" Quote: "The Parliamentary Finance Committee confirmed, today, Saturday, that the federal budget law will enter into force during the current week, pointing out that the budget instructions will be circulated to all ministries."
8-6-2023 Newshound Guru Militia Man Article quote: "...new decisions will be issued next week that may contribute to lowing the price of the dollar." Okay, they have a new package. We've had probably...three packages so far that the central bank has talked about. Is this the 4th package? It surely looks like it is. Is this the final phase they're going to be in? It sounds like it...Basically, there are decisions that...will be issued next week. They decided on something...could be as early as Sunday, that will contribute to lowing the price of the dollar to the exchange rate of the dinar.
8-6-2023 Newshound Guru CANDYKISSES Article: "Parliamentary Finance: The budget will be implemented during the current week" Quote: "And the Parliamentary Finance Committee confirmed earlier that the federal budget law for the next three years will enter into force during the next few days, pointing out that sub-committees have been formed to monitor exchange operations."
8-6-2023 Newshound Guru Militia Man The Central Securities Deposit System has a time frame on it that's going to start as early as, as they say specifically on the CBI's website...August 7th...All banks in the country were notified 14 days days prior to the first of August to be set up and ready to go on this new system and they have until implementation day. Their words not mine - August 7, 2023. [Post 1 of 2....stay tuned]
8-6-2023 Intel Guru Bruce [via WiserNow] The latest information I have so far...is pointing toward Monday or Tuesday for notifications and Tuesday, Wednesday... for our exchanges... rates are changing at the banks every day with new rates with the trading that's going on globally. I think things are happening...We're looking forward to being notified...
8-6-2023 Newshound Guru Pimpy People who are poor are not going to go to the bank to exchange their money when they can get a lot more dinar for the dollar...People are smuggling currencies out of Iraq to countries who are under sanctions. How they're doing it is by creating a black market. They give you more dinars for your US dollar than you could get at the bank. As you can see somebody's sending $100 from the United States to somebody in Iraq who's able to go to the black market and get 1550 dinars for every dollar will benefit by 23,000 dinars. You can buy enough food to last your family anywhere from two to four weeks in Iraq. [Post 2 of 2]
8-6-2023 Newshound Guru Pimpy [Hypothetically] Do you see how much food I was able to buy [in Iraq] with 23,000 dinars - enough food to stretch out weeks if not a month...I got milk, bread, pounds or rice, eggs, chicken fillets, beef, bananas, oranges, a couple pounds of potatoes, I got water - this stretches out. So why would I go to the bank and swap my $100 for 1320 dinars per dollar when I can exchange it for 1550 dinars for every dollar. Do you understand why Iraq is running into this dilemma? [Post 1 of 2....stay tuned]
8-6-2023 Intel Guru Frank26 The bad guys...they took 5000 families, they moved them from where they lived, closer to Baghdad so they could open bank accounts. They paid them $200 to take over the bank account so they could smuggle American dollar out of Iraq through Iraqi banks...You'd think that would be the end of the stealing. Yah! We caught everybody that's stealing. No. This is just the tip. This is why we don't see the monetary reform and new exchange rate moving forward just yet. These things have to be taken care of and Sudani and Alaq are doing fantastic...
8-6-2023 Guru Nader From The Mid East Forget anywhere in the world. Even Africa I can't because when I take 2 million or 3 million dinars if you...have a family like me...15 day or even a week that's not enough...Before 2003 when Saddam was alive a minimum paycheck used to be $3,000...which is 1000 dinars. With 1000 dinar you can do a lot of things...I can bring in my family for a week...Iraq needs an exchange rate. Need their money to go back at least 1 to 1. 1 to 1 would be very fair. 3 to 1, 2 to 1 would be better. But for now 1 to 1. [Post 2 of 2]
8-6-2023 Guru Nader From The Mid East I'm gonna disagree with you [Guru Pimpy] when you say the budget doesn't need a new exchange rate because Iraq has been living for 20 years with a bad exchange rate and it didn't bother us. No, it bothered us a lot and things are very very expensive...Why we need a new exchange rate? First for purchasing power. Second when we travel a lot especially for work or even for pleasure...If I want to come over here [The US] on vacation I can't. If I want to go to Europe...Australia... Canada I can't. [Post 1 of 2....stay tuned]
8-6-2023 Newshound Guru Clare Article: "And finally.. 50 days after its approval.. the budget enters into force" Quote: "The Parliamentary Finance Committee confirmed, today, Saturday, that the federal budget law will enter into force during the current week, pointing out that the budget instructions will be circulated to all ministries."
8-6-2023 Newshound Guru Militia Man Article quote: "...new decisions will be issued next week that may contribute to lowing the price of the dollar." Okay, they have a new package. We've had probably...three packages so far that the central bank has talked about. Is this the 4th package? It surely looks like it is. Is this the final phase they're going to be in? It sounds like it...Basically, there are decisions that...will be issued next week. They decided on something...could be as early as Sunday, that will contribute to lowing the price of the dollar to the exchange rate of the dinar.
8-6-2023 Newshound Guru CANDYKISSES Article: "Parliamentary Finance: The budget will be implemented during the current week" Quote: "And the Parliamentary Finance Committee confirmed earlier that the federal budget law for the next three years will enter into force during the next few days, pointing out that sub-committees have been formed to monitor exchange operations."
8-5-2023 Newshound/Intel Guru Mnt Goat In today’s news the CBI tells us that on Thursday (August 3, 2023), the Central Bank of Iraq revealed new decisions that will be issued next week to reduce the price of the dollar in Iraq...We know this is the fourth time the CBI told us they were implementing a package of currency reforms...
8-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All the corrupt people in Iraq are trying to blame the USA for the issues. They're saying it's the USA 's fault. However the problem, just like Alaq told us, is in the local merchants that are refusing to get on the dinar platform and still use the dollar and smuggling of dollars outside of Iraq by false companies, by citizens we know is the corrupt that are getting caught. We know this.
8-5-2023 Newshound Guru Militia Man Article Quote: "...the printing of the Iraqi currency will not be random...there's no fear of any increase in the monetary mass." ...What they're talking about is education. They're telling people educational items...So if they do print a currency...it's going to do it for a purpose...If they increase the supply of currency on the street it's going to devalue the currency. What they're stating is there's no fear of an increase in the monetary mass therefore there would be no reduction in the value of the dinar...they keep reiterating next week which may contribute significantly to reducing the exchange rate of the dollar...
8-5-2023 Guru Nader From The Mid East We're waiting for next week. We see what's going to happen. I hope we go to 1000 because once it goes to 1000 I'm sure they're gonna remove the zeros and it's be 1 to 1. I hope so. I hope this was gonna happen. That's what everybody think is going to happen. But it's tough. It's not easy...
8-5-2023 Newshound Guru Pimpy Community comment: "Contrary to what some think, the budget needs a significant RV to work." NO it doesn't. Iraq has been dealing with this type of exchange rate for 20 years. Their budgets are based on the Iraqi dinar, not the exchange rate between the U.S. and Iraq, just their own currency.
8-5-2023 Newshound Guru Clare Article: "Exchange offices in Baghdad are closed for fear of arrest" Quote: "The price of the dollar has become unknown in the markets because there is no parallel market, as it is prohibited to trade in exchange offices except at the official rate, noting that the exchange shops that opened their doors do not sell or buy dollars for fear of arrest." LOL!!! DO YOU THINK THEY GOT THE MESSAGE!!! PERFECT TIMING!
8-5-2023 Intel Guru Frank26 They are protecting the dinar and they're protecting the exchange rate from any speculation, fluctuation, lies, profiteering from any Iranian thief. This is amazing. This is 304...They just blew the door wide open to bring forth the new exchange rate, the budget, the HCL, the lower denoms, the coins, the future of Iraq...
8-5-2023 Newshound Guru Militia Man Article Quote: "The Deputy Governor of the bank...promised yesterday other decisions will be issued next week that may contribute significantly to reducing the dollar exchange rate." They're talking about reducing the dollar exchange rate. They can do it in the official sense or they could be considering that to be in the parallel market sense. IMV...the quote for the black market or the parallel market...were fake. Basically the corrupt were cheating the corrupt and some of them were complaining...there's something happening next week.
8-5-2023 Intel Guru MarkZ [via PDK] Question: ...do you think there will be an interim rate change in Iraq to between 1000 and 700 before they drop the three zeroes and get us to better than 1:1? MarkZ Answer: If you had asked that a few weeks ago I would have said yes. But asking that today-I think they are going to skip that step…but we will see.
8-5-2023 Newshound Guru Samson Article: "Central Bank: New decisions will be issued next week that may contribute to lowering the exchange rate"
8-5-2023 Newshound/Intel Guru Mnt Goat What is the plan once this new rate range is met? I was told that the CBI could then go ahead with the project to delete the zeros. We know that when this new rate is rolled out the CBI will then drop three zeros from the currency. It was my feeling that they are heading to around an 1166 from 1320 rate so we are not that far to go and these new measures should take them to the rate they need.[post 2 of 2]
8-5-2023 Newshound/Intel Guru Mnt Goat This week I had an interesting conversation with my CBI contact in Iraq. I was told to expect yet another “official” rate change of the dinar from the 1320 rate. I was told the new measures were trying to get as close to 1000 rate as possible. I asked about a more specific number, but I could not get a commitment on the actual range. However, I was told that the measures to be taken in the coming weeks should move the dinar within this range. [post 1 of 2....stay tuned]
8-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All the corrupt people in Iraq are trying to blame the USA for the issues. They're saying it's the USA 's fault. However the problem, just like Alaq told us, is in the local merchants that are refusing to get on the dinar platform and still use the dollar and smuggling of dollars outside of Iraq by false companies, by citizens we know is the corrupt that are getting caught. We know this.
8-5-2023 Newshound Guru Militia Man Article Quote: "...the printing of the Iraqi currency will not be random...there's no fear of any increase in the monetary mass." ...What they're talking about is education. They're telling people educational items...So if they do print a currency...it's going to do it for a purpose...If they increase the supply of currency on the street it's going to devalue the currency. What they're stating is there's no fear of an increase in the monetary mass therefore there would be no reduction in the value of the dinar...they keep reiterating next week which may contribute significantly to reducing the exchange rate of the dollar...
8-5-2023 Guru Nader From The Mid East We're waiting for next week. We see what's going to happen. I hope we go to 1000 because once it goes to 1000 I'm sure they're gonna remove the zeros and it's be 1 to 1. I hope so. I hope this was gonna happen. That's what everybody think is going to happen. But it's tough. It's not easy...
8-5-2023 Newshound Guru Pimpy Community comment: "Contrary to what some think, the budget needs a significant RV to work." NO it doesn't. Iraq has been dealing with this type of exchange rate for 20 years. Their budgets are based on the Iraqi dinar, not the exchange rate between the U.S. and Iraq, just their own currency.
8-5-2023 Newshound Guru Clare Article: "Exchange offices in Baghdad are closed for fear of arrest" Quote: "The price of the dollar has become unknown in the markets because there is no parallel market, as it is prohibited to trade in exchange offices except at the official rate, noting that the exchange shops that opened their doors do not sell or buy dollars for fear of arrest." LOL!!! DO YOU THINK THEY GOT THE MESSAGE!!! PERFECT TIMING!
8-5-2023 Intel Guru Frank26 They are protecting the dinar and they're protecting the exchange rate from any speculation, fluctuation, lies, profiteering from any Iranian thief. This is amazing. This is 304...They just blew the door wide open to bring forth the new exchange rate, the budget, the HCL, the lower denoms, the coins, the future of Iraq...
8-5-2023 Newshound Guru Militia Man Article Quote: "The Deputy Governor of the bank...promised yesterday other decisions will be issued next week that may contribute significantly to reducing the dollar exchange rate." They're talking about reducing the dollar exchange rate. They can do it in the official sense or they could be considering that to be in the parallel market sense. IMV...the quote for the black market or the parallel market...were fake. Basically the corrupt were cheating the corrupt and some of them were complaining...there's something happening next week.
8-5-2023 Intel Guru MarkZ [via PDK] Question: ...do you think there will be an interim rate change in Iraq to between 1000 and 700 before they drop the three zeroes and get us to better than 1:1? MarkZ Answer: If you had asked that a few weeks ago I would have said yes. But asking that today-I think they are going to skip that step…but we will see.
8-5-2023 Newshound Guru Samson Article: "Central Bank: New decisions will be issued next week that may contribute to lowering the exchange rate"
8-5-2023 Newshound/Intel Guru Mnt Goat What is the plan once this new rate range is met? I was told that the CBI could then go ahead with the project to delete the zeros. We know that when this new rate is rolled out the CBI will then drop three zeros from the currency. It was my feeling that they are heading to around an 1166 from 1320 rate so we are not that far to go and these new measures should take them to the rate they need.[post 2 of 2]
8-5-2023 Newshound/Intel Guru Mnt Goat This week I had an interesting conversation with my CBI contact in Iraq. I was told to expect yet another “official” rate change of the dinar from the 1320 rate. I was told the new measures were trying to get as close to 1000 rate as possible. I asked about a more specific number, but I could not get a commitment on the actual range. However, I was told that the measures to be taken in the coming weeks should move the dinar within this range. [post 1 of 2....stay tuned]
8-4-2023 Intel Guru Frank26 Article: "The judiciary: the arrest of suspects who carried out suspicious banking activities and the seizure of 15 million dollars" This week all these articles are about what? All the bad guys being busted. All the banks that are being punished. All the merchants that are being closed down...The CBI floor is almost spotless for the Monetary reform!
8-4-2023 Newshound Guru Clare Article: "Prime Minister Muhammad Shia Al-Sudani issued a ban on the interference of all agencies in the work of exchange companies" Quote: "...to implement Resolution No. 56 of 2004 that includes granting exclusive powers and powers to the Central Bank to monitor and inspect its financial institutions, and according to the Prime Minister’s directive to prevent interference in the work of the Central Bank with other government agencies."
8-4-2023 Intel Guru MarkZ [via PDK] Question: ...is this our weekend? MarkZ Answer: We don’t know for sure but there are a lot of pieces put into to place that could let it go this weekend. A heck of a lot of them…But, we won’t know until we cross the finish line...Most of my sources still believe we are very close. MR.C [Guru Mike Cottrell] thinks any day now to just a few weeks and I agree...My connections in wealth management have been preparing for this for some time. My guess is we are closer than we think...
8-4-2023 Newshound Guru Kaperoni Guru Pimpy thinks the reason why they haven't raised the dinar is because the US has put sanctions on Iraq...Individual bank sanctions are compliance issues and have nothing to do with the dinar value. The dinar will remain weak until Iraq diversifies their economy.
8-4-2023 Newshound Guru Sandy Ingram Since the integration of AI
gathering knowledge from across the Internet, we are learning more about what was said behind closed doors...We now know the 'big dogs' do expect an increase in the Iraqi currency.
8-4-2023 Newshound Guru Pimpy Once Iraq and Iran made that agreement between the two countries I told you...the United States is going to screw with Iraq. They're going to screw with their exchange rate. I knew this was going to happen. All of a sudden, magically, 14 other banks are hit with sanctions. Why were they hit with sanctions? Those 14 banks are under "suspicion" of laundering money. There's no proof. It just said the United States "suspects" the banks of money laundering. That's all it took for the United States to screw with Iraq, a suspicion.
8-4-2023 Intel Guru Bruce ...we had Vietnam come to the party...They got Basel three compliant...So...Vietnam is good to go...
8-4-2023 Newshound Guru Militia Man Support the dinar, that's the focus and the demand to diminish with the dollar. We can see they're moving to that end. We all know the central bank law says it's illegal to the dollar. The IMF Article VIII compliance requires the dollar to disappear when it comes to goods and services within the country...Bottom line is there's not going to be a need for that parallel market anymore...
8-4-2023 Intel Guru Frank26 What is Article 304? To protect the dinar... Since when do you protect toilet paper? Since when do you protect used toilet paper that's already been flushed down the toilet? Never. You're going to release 304 right now? What for? Have you done it the years before? No. Have you done it decades before? No...Sudani is arresting people left and right, backwards and forwards, up and down...because he's not messing around anymore with those that are delaying the monetary reform.
8-4-2023 Newshound Guru Clare Article: "Next week.. The Iraqi Central Bank launches a package of measures that will reduce the price of the dollar" Quote: "decisions will be issued next week, which may contribute significantly to reducing the exchange rate of the dollar. "
8-4-2023 Intel Guru Bruce [via WiserNow] I can tell you the rates are continuing to go up. The Dong is is terrific. And the dinar is very good. Extremely good... way more than we thought they were looking for ...both rates are excellent right now - this is coming right up the bank screens...
8-4-2023 Newshound Guru Clare Article: "Prime Minister Muhammad Shia Al-Sudani issued a ban on the interference of all agencies in the work of exchange companies" Quote: "...to implement Resolution No. 56 of 2004 that includes granting exclusive powers and powers to the Central Bank to monitor and inspect its financial institutions, and according to the Prime Minister’s directive to prevent interference in the work of the Central Bank with other government agencies."
8-4-2023 Intel Guru MarkZ [via PDK] Question: ...is this our weekend? MarkZ Answer: We don’t know for sure but there are a lot of pieces put into to place that could let it go this weekend. A heck of a lot of them…But, we won’t know until we cross the finish line...Most of my sources still believe we are very close. MR.C [Guru Mike Cottrell] thinks any day now to just a few weeks and I agree...My connections in wealth management have been preparing for this for some time. My guess is we are closer than we think...
8-4-2023 Newshound Guru Kaperoni Guru Pimpy thinks the reason why they haven't raised the dinar is because the US has put sanctions on Iraq...Individual bank sanctions are compliance issues and have nothing to do with the dinar value. The dinar will remain weak until Iraq diversifies their economy.
8-4-2023 Newshound Guru Sandy Ingram Since the integration of AI
gathering knowledge from across the Internet, we are learning more about what was said behind closed doors...We now know the 'big dogs' do expect an increase in the Iraqi currency.
8-4-2023 Newshound Guru Pimpy Once Iraq and Iran made that agreement between the two countries I told you...the United States is going to screw with Iraq. They're going to screw with their exchange rate. I knew this was going to happen. All of a sudden, magically, 14 other banks are hit with sanctions. Why were they hit with sanctions? Those 14 banks are under "suspicion" of laundering money. There's no proof. It just said the United States "suspects" the banks of money laundering. That's all it took for the United States to screw with Iraq, a suspicion.
8-4-2023 Intel Guru Bruce ...we had Vietnam come to the party...They got Basel three compliant...So...Vietnam is good to go...
8-4-2023 Newshound Guru Militia Man Support the dinar, that's the focus and the demand to diminish with the dollar. We can see they're moving to that end. We all know the central bank law says it's illegal to the dollar. The IMF Article VIII compliance requires the dollar to disappear when it comes to goods and services within the country...Bottom line is there's not going to be a need for that parallel market anymore...
8-4-2023 Intel Guru Frank26 What is Article 304? To protect the dinar... Since when do you protect toilet paper? Since when do you protect used toilet paper that's already been flushed down the toilet? Never. You're going to release 304 right now? What for? Have you done it the years before? No. Have you done it decades before? No...Sudani is arresting people left and right, backwards and forwards, up and down...because he's not messing around anymore with those that are delaying the monetary reform.
8-4-2023 Newshound Guru Clare Article: "Next week.. The Iraqi Central Bank launches a package of measures that will reduce the price of the dollar" Quote: "decisions will be issued next week, which may contribute significantly to reducing the exchange rate of the dollar. "
8-4-2023 Intel Guru Bruce [via WiserNow] I can tell you the rates are continuing to go up. The Dong is is terrific. And the dinar is very good. Extremely good... way more than we thought they were looking for ...both rates are excellent right now - this is coming right up the bank screens...
8-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani talking about how Iraq will be International open to the world...He said...all who continue with dollar sales and business will fall by wayside and held accountable. FRANK: This is beautiful. This is fantastic.
8-3-2023 Newshound Guru Kaperoni We'd always talked about...how we would exchange our dinar. We talked about a facilitator or creating a dinar denominated account and watching it rise in value. It may end up being that we end up depositing our money through some relation to JP Morgan...I don't know anything about this yet but this could end up being the biggest player in Iraq from American and...may end up being...what we're going to do with our dinar. [Post 2 of 2]
8-3-2023 Newshound Guru Kaperoni A lot of gurus have talked about going to Well Fargo and things like that. I've always felt that would never happen because a lot of the local banks or regional banks...would never want to get involved in an emerging market currency that could be volatile. We're hearing now that JP Morgan...is to have an office in Iraq. They are going to be engaging in transactions at exchange rates. [Post 1 of 2...stay tuned]
8-3-2023 Newshound Guru Jeff The reason why it's not getting implemented, the instructions or the budget itself or the rate change is because...the budget has a specific period of time at which it's allowed to be implemented. That's not right now...there's a specific point in the year and they can only implement the budget at that specific point in the year. It's called the budget period. We're not there yet.
8-3-2023 Intel Guru Frank26 It is extremely impressive to see the relationship between Kuwait and Iraq. That was an impossibility just a few months ago. That tells me Kuwait agrees with the monetary reform of Iraq's currency as long as it is not one penny above Kuwaits exchange rate. This is exciting see what's happening with Kuwait.
8-3-2023 Newshound Guru Militia Man You're seeing in the news there's massive amounts of people being arrested and charged for money laundering/illegal trading and smuggling of the dollar and the dinar.
8-3-2023 Intel Guru MarkZ [via PDK] I am still hearing the rumor that we will see the new rate when they issue and publish the instructions for the budget…which has already been passed. They have done a great job of keeping this under wraps and secret. Getting mixed reports as to whether this will be Saturday or Monday/Tuesday. Personally I think this is going to be “IT”.
8-3-2023 Newshound Guru Pimpy Hopefully everything works itself out between Iraq and the United States and they'd lift these sanctions so that the value of the dinar will go back up. It's ridiculous they're putting sanctions on these banks based on suspicions. They should have evidence, they should have proof, before they slap sanctions on anything IMO.
8-3-2023 Newshound/Intel Guru Mnt Goat Article: "DELETING ZEROS AND PRINTING A NEW CURRENCY WILL RAISE INFLATION" We have read articles years ago that a German firm was contracted to print the newer lower denominations and a Swiss firm to stamp the coins. So we know these are in the wings awaiting.
8-3-2023 Intel Guru Frank26 Article quote: "304...which stipulates the punishment and the imprisonment of anyone who publicly broadcasts or fabricates the facts or allegations that would be causing a decline in the national bank note or weakening the confidence in the state's currency and its bonds." That language says we're coming out with a new exchange rate with a new currency and don't you dare touch it Iran. That's what it says. That's what it's for...this article is powerful. The timing is amazing.
8-3-2023 Intel Guru RayRen98 [via Beth-n-Greenville] ...SUPPOSEDLY, THE LAST SIGNATURES HAVE BEEN SUBMITTED AND WE SHOULD BE SEEING "PROGRESS" PDS (PRETTY DARN SOON) - $$$$$... AGENCIES ARE XCITED...IRAQIS ARE XCITED...AND PRETTY SOON "YOU" WILL BE XCITED! $$$$$...MORE CONFIRMATION HAS COME IN...NO TAX ON THE EXCHANGE ON "ANY" CURRENCY!! WHOA! ANOTHER AGENCY SOURCE JUST INFORMED THEY ARE AWAITING THE "GO" SIGNAL TO ARRIVE ON THURSDAY. TIME WILL TELL! [NOTE: Consult your tax professionals at the appropriate time to determine the right taxes for your unique situation.]
8-3-2023 Newshound Guru Kaperoni We'd always talked about...how we would exchange our dinar. We talked about a facilitator or creating a dinar denominated account and watching it rise in value. It may end up being that we end up depositing our money through some relation to JP Morgan...I don't know anything about this yet but this could end up being the biggest player in Iraq from American and...may end up being...what we're going to do with our dinar. [Post 2 of 2]
8-3-2023 Newshound Guru Kaperoni A lot of gurus have talked about going to Well Fargo and things like that. I've always felt that would never happen because a lot of the local banks or regional banks...would never want to get involved in an emerging market currency that could be volatile. We're hearing now that JP Morgan...is to have an office in Iraq. They are going to be engaging in transactions at exchange rates. [Post 1 of 2...stay tuned]
8-3-2023 Newshound Guru Jeff The reason why it's not getting implemented, the instructions or the budget itself or the rate change is because...the budget has a specific period of time at which it's allowed to be implemented. That's not right now...there's a specific point in the year and they can only implement the budget at that specific point in the year. It's called the budget period. We're not there yet.
8-3-2023 Intel Guru Frank26 It is extremely impressive to see the relationship between Kuwait and Iraq. That was an impossibility just a few months ago. That tells me Kuwait agrees with the monetary reform of Iraq's currency as long as it is not one penny above Kuwaits exchange rate. This is exciting see what's happening with Kuwait.
8-3-2023 Newshound Guru Militia Man You're seeing in the news there's massive amounts of people being arrested and charged for money laundering/illegal trading and smuggling of the dollar and the dinar.
8-3-2023 Intel Guru MarkZ [via PDK] I am still hearing the rumor that we will see the new rate when they issue and publish the instructions for the budget…which has already been passed. They have done a great job of keeping this under wraps and secret. Getting mixed reports as to whether this will be Saturday or Monday/Tuesday. Personally I think this is going to be “IT”.
8-3-2023 Newshound Guru Pimpy Hopefully everything works itself out between Iraq and the United States and they'd lift these sanctions so that the value of the dinar will go back up. It's ridiculous they're putting sanctions on these banks based on suspicions. They should have evidence, they should have proof, before they slap sanctions on anything IMO.
8-3-2023 Newshound/Intel Guru Mnt Goat Article: "DELETING ZEROS AND PRINTING A NEW CURRENCY WILL RAISE INFLATION" We have read articles years ago that a German firm was contracted to print the newer lower denominations and a Swiss firm to stamp the coins. So we know these are in the wings awaiting.
8-3-2023 Intel Guru Frank26 Article quote: "304...which stipulates the punishment and the imprisonment of anyone who publicly broadcasts or fabricates the facts or allegations that would be causing a decline in the national bank note or weakening the confidence in the state's currency and its bonds." That language says we're coming out with a new exchange rate with a new currency and don't you dare touch it Iran. That's what it says. That's what it's for...this article is powerful. The timing is amazing.
8-3-2023 Intel Guru RayRen98 [via Beth-n-Greenville] ...SUPPOSEDLY, THE LAST SIGNATURES HAVE BEEN SUBMITTED AND WE SHOULD BE SEEING "PROGRESS" PDS (PRETTY DARN SOON) - $$$$$... AGENCIES ARE XCITED...IRAQIS ARE XCITED...AND PRETTY SOON "YOU" WILL BE XCITED! $$$$$...MORE CONFIRMATION HAS COME IN...NO TAX ON THE EXCHANGE ON "ANY" CURRENCY!! WHOA! ANOTHER AGENCY SOURCE JUST INFORMED THEY ARE AWAITING THE "GO" SIGNAL TO ARRIVE ON THURSDAY. TIME WILL TELL! [NOTE: Consult your tax professionals at the appropriate time to determine the right taxes for your unique situation.]
8-2-2023 Intel Guru Bruce [via WiserNow] As far as we can tell by the sources that we have, everything is done on the banking front...I'm really looking forward to getting something in the way of a notification. Hopefully, tomorrow. Now, this guy wouldn't have said unless he believed that's what's going to happen....Things are definitely happening... let's see what happens.
8-2-2023 Intel Guru Frank26 There are no issues with Kurdistan . There are no issues with the monetary reform. Both of them are being attacked by...Iranian politicians that want to steal. Everyday they're being caught...busted... arrested. Every day they're being kicked out of Iraq . Every day they're loosing their merchants and losing their banks. Good. Because that is what's stopping you from having the new exchange rate of the Iraqi dinar. That is what's stopping them from releasing the new lower denoms and coins...
8-2-2023 Newshound Guru Kaperoni ...When they mention delete the zeros. They are talking about a redenomination/LOP. Not what we want.
8-2-2023 Newshound Guru Militia Man If you go back a month, two months or three months you can see there's been progress. I know it seems like they always seem to be kicking the can but to be fair I think what's happening is it's like a moving target. It's constantly being adjusted and many many many things are happening behind the scenes...
8-2-2023 Newshound/Intel Guru Walkingstick The articles are not keeping up with where the monetary reform is right now. It is far more advanced than the articles are indicating...the budget is primed, locked and ready...one of the very first line items in the budget is the new exchange rate and that's why they say when the budget law is enacted the dinar will increase in value.
8-2-2023 Newshound Guru Clare Article: "Al-Sudani: Budget instructions will be published next week" Quote: "The State Council has completed auditing the instructions for implementing the financial budget for the three years 2023-2024-2025. The achievement took place in the presence of the Minister of Finance, Taif Sami, and representatives of the Ministry of Planning and the relevant authorities, for the purpose of facilitating the procedures for implementing the tripartite budget."
8-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: That US ambassador said the CBI took appropriate actions on the banks that were dealing in dollars so the sanctions were removed on those banks. Word of that has the street market already lowering and getting better...
8-2-2023 Intel Guru MarkZ [via PDK] “Iraq and Kuwait to settle territorial and maritime borders” They are sitting down and working out anything left on the table from the Iraqi invasion of Kuwait under Saadam Husssein. They are committed to settle any outstanding disputes including joint oilfields...The information continues to be phenomenal from Iraq...
8-2-2023 Newshound Guru Samson Article: "Al-Sudani: The instructions of the general budget law will be published this week in the Iraqi Gazette"
8-2-2023 Newshound Guru Pimpy We're all waiting for the budget law to finally be passed. We heard it was passed but we need instructions on how to allocate out the budget. This is the craziest thing I've seen. This is what I talk about all the time when it comes to Iraq. They just can't get their crap together. This law was passed how long ago? It made it through all the proper steps...it was published and then halted waiting for instructions on how to allocate out the money which is like the craziest thing ever.
8-2-2023 Newshound/Intel Guru Mnt Goat There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar reinstated. But remember also they can not just pop it out there either since they must follow the process of deleting the zeros...The RV is coming but I refuse to hype up events and lie to you. WE must relax and let it come to us.
8-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV news saying from parliament the work of the budget law will increase the value of the dinar...saying budget to be implemented in next few days and committee formed to watch the exchanges.
8-2-2023 Intel Guru MarkZ [via PDK] I know a number of very connected people who are traveling to be in place by Friday. I hope it means this thing is finally coming to an end. We just don’t know. But it is very encouraging the sheer number of reports from folks that were asked to travel and be in place. Stay calm – but this is getting interesting.
8-2-2023 Intel Guru Frank26 There are no issues with Kurdistan . There are no issues with the monetary reform. Both of them are being attacked by...Iranian politicians that want to steal. Everyday they're being caught...busted... arrested. Every day they're being kicked out of Iraq . Every day they're loosing their merchants and losing their banks. Good. Because that is what's stopping you from having the new exchange rate of the Iraqi dinar. That is what's stopping them from releasing the new lower denoms and coins...
8-2-2023 Newshound Guru Kaperoni ...When they mention delete the zeros. They are talking about a redenomination/LOP. Not what we want.
8-2-2023 Newshound Guru Militia Man If you go back a month, two months or three months you can see there's been progress. I know it seems like they always seem to be kicking the can but to be fair I think what's happening is it's like a moving target. It's constantly being adjusted and many many many things are happening behind the scenes...
8-2-2023 Newshound/Intel Guru Walkingstick The articles are not keeping up with where the monetary reform is right now. It is far more advanced than the articles are indicating...the budget is primed, locked and ready...one of the very first line items in the budget is the new exchange rate and that's why they say when the budget law is enacted the dinar will increase in value.
8-2-2023 Newshound Guru Clare Article: "Al-Sudani: Budget instructions will be published next week" Quote: "The State Council has completed auditing the instructions for implementing the financial budget for the three years 2023-2024-2025. The achievement took place in the presence of the Minister of Finance, Taif Sami, and representatives of the Ministry of Planning and the relevant authorities, for the purpose of facilitating the procedures for implementing the tripartite budget."
8-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: That US ambassador said the CBI took appropriate actions on the banks that were dealing in dollars so the sanctions were removed on those banks. Word of that has the street market already lowering and getting better...
8-2-2023 Intel Guru MarkZ [via PDK] “Iraq and Kuwait to settle territorial and maritime borders” They are sitting down and working out anything left on the table from the Iraqi invasion of Kuwait under Saadam Husssein. They are committed to settle any outstanding disputes including joint oilfields...The information continues to be phenomenal from Iraq...
8-2-2023 Newshound Guru Samson Article: "Al-Sudani: The instructions of the general budget law will be published this week in the Iraqi Gazette"
8-2-2023 Newshound Guru Pimpy We're all waiting for the budget law to finally be passed. We heard it was passed but we need instructions on how to allocate out the budget. This is the craziest thing I've seen. This is what I talk about all the time when it comes to Iraq. They just can't get their crap together. This law was passed how long ago? It made it through all the proper steps...it was published and then halted waiting for instructions on how to allocate out the money which is like the craziest thing ever.
8-2-2023 Newshound/Intel Guru Mnt Goat There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar reinstated. But remember also they can not just pop it out there either since they must follow the process of deleting the zeros...The RV is coming but I refuse to hype up events and lie to you. WE must relax and let it come to us.
8-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV news saying from parliament the work of the budget law will increase the value of the dinar...saying budget to be implemented in next few days and committee formed to watch the exchanges.
8-2-2023 Intel Guru MarkZ [via PDK] I know a number of very connected people who are traveling to be in place by Friday. I hope it means this thing is finally coming to an end. We just don’t know. But it is very encouraging the sheer number of reports from folks that were asked to travel and be in place. Stay calm – but this is getting interesting.
8-1-2023 Newshound Guru Pimpy Article: "An upcoming visit of an Iraqi government delegation to America to discuss the issue of the exchange rate" We have Iraq ready to meet with the United States over the value of the Iraqi dinar...Iraq really needs to figure out a way to get out of control of the United States. It's really a pain in the ass for them... Quote: "...The devaluation of the dinar is one of the hottest issues in the Iraqi streets so would be the most prominent access of the meeting..."
8-1-2023 Intel Guru Frank26 There is an entourage/delegation headed to the US Treasury in D.C. to talk about the exchange rate of the Iraqi dinar...It is my opinion they are going to deliver the new exchange rate to the US Treasury.
8-1-2023 Intel Guru MarkZ [via PDK] ...the Iraqi people are done waiting and are forcing the issue. This discussion is in the streets, with government officials and the banks. We will be getting our rate change. Its happening.
8-1-2023 Newshound Guru Militia Man If the Central Bank is ready to go and...the Finance Ministry is ready to go, if Al-Sudani is ready to go, Why aren't we ready to go? I can't answer that question. No body can except for the-powers-that-be. We know the United States Treasury came involved. We know the U.S. ambassador Romanowski is involved and we know the Central Bank of Iraq had conversations in the last 48 hours...these guys are talking about what we're talking about.
8-1-2023 Newshound Guru Kaperoni Guru Jeff says the budget and a rate change are linked together. Want to bet? They will begin to implement the budget for the next three years and there will be no RV. Only with the success and growth of Iraq's economy can the dinar go up in value.
8-1-2023 Newshound Guru Jeff The budget can only be implemented at a specific time in the year. Not any time. That's the reason why we haven't see the budget or the rate change at this time. The rate change is linked to the timing of the budget. They're peas in a pod. They're kind of married together.
8-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying upcoming delegation heading to America to discuss the exchange rate! Saying it's an Iraqi government delectation going to America. FRANK: It's fantastic to see a CBI delegation is now head to America to discuss your exchange rate with the US Treasury. Wow...holy guacamole!
8-1-2023 Newshound/Intel Guru Walkingstick Question: "Article 304 - It's one of the things we've been waiting for haven't we?" It's one of the things we've been waiting for yes. In a nutshell 304 is to protect fluctuations in the exchange rate of the IQD...to outlaw speculation on the exchange rate...They are protecting their exchange from, most likely, UST interference...
8-1-2023 Newshound Guru Pimpy When they signed that agreement with Iran I knew there was going to be consequences...that is probably something they should have thought twice about before they did it because as soon as that happened all of a sudden magically we have sanctions on 14 new banks, 18 altogether. That's causing a huge problem with depreciation of the Iraqi dinar causing a big gap between the official exchange rate and the black market rate.
8-1-2023 Intel Guru MarkZ [via PDK] We are also hearing from people inside Iraq that the instructions for releasing the implementation for the budget have been issued a time ago and publicly they been acting as if things were not done. They are doing this on purpose as certain people and positions were being removed. They were quietly cleaning house behind the scenes. Firm discussions were issued from the Prime Minister’s office to NOT disclose these matters. They are about ready to announce they have made these necessary changes. I think this lets us know they are working diligently on full implementation of the budget…and This should bring us a change in value.
8-1-2023 Newshound Guru Clare Article: "The Secretary General Of The National Product Calls For The Application Of Article 304 Of The Iraqi Penal Code To Protect The Dinar" Quote: "Article 304 of the Iraqi Penal Code, which stipulates the punishment and imprisonment of anyone who publicly broadcasts fabricated facts or allegations that would Causing a decline in the national banknotes or weakening confidence in the state’s currency and its bonds."
8-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV talking about Iraq activation of Article 304. It protects the dinar.
8-1-2023 Guest Guru Sah "PM Barzani Chairs Special Meeting on Public Finance Restructuring ERBIL" This article shows that Kurdistan Banks and government financials are all going digital at the same time...No more money laundering and corruption in banking or government payrolls and etc. Total transparency...Just what the IMF and the US Treasury asked for...This is great news. One step closer to international.
8-1-2023 Newshound/Intel Guru Mnt Goat I know for a FACT they must reinstate the dinar to satisfy their plans to revive Iraq and make it hub for the middle east. This is their plan and they know they have to reinstate the dinar to do it. This is just not Mnt Goat speaking but the IMF, World Bank and the CBI...you have come this far in the process. Don’t give up now we are about to cross the finish line very soon.
8-1-2023 Intel Guru Frank26 There is an entourage/delegation headed to the US Treasury in D.C. to talk about the exchange rate of the Iraqi dinar...It is my opinion they are going to deliver the new exchange rate to the US Treasury.
8-1-2023 Intel Guru MarkZ [via PDK] ...the Iraqi people are done waiting and are forcing the issue. This discussion is in the streets, with government officials and the banks. We will be getting our rate change. Its happening.
8-1-2023 Newshound Guru Militia Man If the Central Bank is ready to go and...the Finance Ministry is ready to go, if Al-Sudani is ready to go, Why aren't we ready to go? I can't answer that question. No body can except for the-powers-that-be. We know the United States Treasury came involved. We know the U.S. ambassador Romanowski is involved and we know the Central Bank of Iraq had conversations in the last 48 hours...these guys are talking about what we're talking about.
8-1-2023 Newshound Guru Kaperoni Guru Jeff says the budget and a rate change are linked together. Want to bet? They will begin to implement the budget for the next three years and there will be no RV. Only with the success and growth of Iraq's economy can the dinar go up in value.
8-1-2023 Newshound Guru Jeff The budget can only be implemented at a specific time in the year. Not any time. That's the reason why we haven't see the budget or the rate change at this time. The rate change is linked to the timing of the budget. They're peas in a pod. They're kind of married together.
8-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying upcoming delegation heading to America to discuss the exchange rate! Saying it's an Iraqi government delectation going to America. FRANK: It's fantastic to see a CBI delegation is now head to America to discuss your exchange rate with the US Treasury. Wow...holy guacamole!
8-1-2023 Newshound/Intel Guru Walkingstick Question: "Article 304 - It's one of the things we've been waiting for haven't we?" It's one of the things we've been waiting for yes. In a nutshell 304 is to protect fluctuations in the exchange rate of the IQD...to outlaw speculation on the exchange rate...They are protecting their exchange from, most likely, UST interference...
8-1-2023 Newshound Guru Pimpy When they signed that agreement with Iran I knew there was going to be consequences...that is probably something they should have thought twice about before they did it because as soon as that happened all of a sudden magically we have sanctions on 14 new banks, 18 altogether. That's causing a huge problem with depreciation of the Iraqi dinar causing a big gap between the official exchange rate and the black market rate.
8-1-2023 Intel Guru MarkZ [via PDK] We are also hearing from people inside Iraq that the instructions for releasing the implementation for the budget have been issued a time ago and publicly they been acting as if things were not done. They are doing this on purpose as certain people and positions were being removed. They were quietly cleaning house behind the scenes. Firm discussions were issued from the Prime Minister’s office to NOT disclose these matters. They are about ready to announce they have made these necessary changes. I think this lets us know they are working diligently on full implementation of the budget…and This should bring us a change in value.
8-1-2023 Newshound Guru Clare Article: "The Secretary General Of The National Product Calls For The Application Of Article 304 Of The Iraqi Penal Code To Protect The Dinar" Quote: "Article 304 of the Iraqi Penal Code, which stipulates the punishment and imprisonment of anyone who publicly broadcasts fabricated facts or allegations that would Causing a decline in the national banknotes or weakening confidence in the state’s currency and its bonds."
8-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV talking about Iraq activation of Article 304. It protects the dinar.
8-1-2023 Guest Guru Sah "PM Barzani Chairs Special Meeting on Public Finance Restructuring ERBIL" This article shows that Kurdistan Banks and government financials are all going digital at the same time...No more money laundering and corruption in banking or government payrolls and etc. Total transparency...Just what the IMF and the US Treasury asked for...This is great news. One step closer to international.
8-1-2023 Newshound/Intel Guru Mnt Goat I know for a FACT they must reinstate the dinar to satisfy their plans to revive Iraq and make it hub for the middle east. This is their plan and they know they have to reinstate the dinar to do it. This is just not Mnt Goat speaking but the IMF, World Bank and the CBI...you have come this far in the process. Don’t give up now we are about to cross the finish line very soon.
7-31-2023 Intel Guru Frank26 To lift the 3 zeros is to lift the 3 zeros from the exchange rate, is to lift the 3 zeros from the currency notes. They will introduce to you the lower denomination notes to replace those 3 zero notes they removed. The lower denominations are without the zeros...
7-31-2023 Newshound Guru Militia Man Alaq came out four or five days ago with a five page report specifically saying the delete the zeros project still exists. He stated specifically that...Al Sudani is still in support of the Iraqi dinar...
7-31-2023 Intel Guru MarkZ [via PDK] People I have spoken to who have crunched the numbers say it needs to be at least $1.30 to make sense for Iraq - IF they are going to do it that way. I am still hearing that we will have a contract rate no matter how they do it… because they need it for the “Oil for Dinar” program.
7-31-2023 Newshound Guru Kaperoni Community Comment "...The Reinstatement is unfolding in the most appropriate way possible. There are many different forces at play and there are reasons why the RV is happening the way it is." The money supply in Iraq is over 80 trillion. The net worth of the country is only $16 trillion US dollars. There is no way they can RV the currency.
7-31-2023 Newshound/Intel Guru Walkingstick It is more sound. It is more logical. It is safer at the onset that the rate should at least be 1 to 1 with the American dollar. Then a gradual increase via an international basket that floats the currency is very realistic.
7-31-2023 Intel Guru Wolverine [via Judy Byington] Sun. 30 July: “Very early today I received Intel from a very high Contact. I can’t tell you what they said other than things are progressing. Everything is ready. It won’t happen today but we may have very good news this week.”
7-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News showing Sudani meeting with CBI governor Alaq talking about measures to make the dinar strong and stable in the markets and talking about reforms...CBI saying nothing should be higher than the official CBI exchange rate of the street which is 1320.
7-31-2023 Newshound Guru Jeff The budget and the rate change, which are very much linked together, they're like two peas in a pod. The budget cannot be implemented because it's a structured budget in a way where it can only be implemented at a specific certain time...that's why as of right now you haven't seen the budget implemented yet. Neither have you see the rate change. Everything can only happen at a specific time...
7-31-2023 Newshound Guru Clare Article: "An upcoming visit of an Iraqi government delegation to America to discuss the issue of the exchange rate" Quote: "there are fears of a further decline in the value of the dinar," noting that there is a vision among the leaders of the coordination framework and the state administration as well to send a delegation representing the Iraqi government to discuss this issue with the US Federal Bank and discuss with it threats and risks and present proposals to address the situation."
7-31-2023 Intel Guru MarkZ [via PDK] I have been told by at least 3 different contacts to expect a very fruitful week...A number of sources think that this week will see our release? We shall see. I am hopeful but do not know the timing.
7-31-2023 Intel Guru Frank26 Article: "The US ambassador in Baghdad announces the success of her mediation between the Iraqi Central Bank and the US Treasury". AS WE PREDICTED THE US TREASURY IS NOT DUMB ENOUGH TO PUT SANCTIONS BACK ON IRAQ.
7-31-2023 Newshound Guru Militia Man Article: "U.S. ambassador in Baghdad announces the success of mediation between the Iraqi government, Central Bank and U.S. Treasury" Do you find that to be fascinating? Because it should be. Because the bottom line is that the largest entities in the world...is the Untied States Treasury and the central banks...The Central Bank of Iraq, The United States Treasury and the U.S. ambassador have come to some sort of an agreement in respect to what's going on...
7-31-2023 Intel Guru Goldilocks "HCM CITY — HDBank is one of the first lenders in Việt Nam to have successfully adopted Basel III reforms standards." HD Bank in Vietnam has upgraded from Basel 2 to Basel 3 Reforms across the board on all of the requirements it takes to be compliant. The Basel Committee has recommended this for International Banks since January 1, 2023, and HD Bank is our first International pioneer. They have reached sustainable goals through Article 4...with the IMF, and they are now able to move forward... Iraq being on a similar track...HDBank, one of the pioneers in Việt Nam, has applied leading international risk management standards...
7-31-2023 Newshound Guru Militia Man Alaq came out four or five days ago with a five page report specifically saying the delete the zeros project still exists. He stated specifically that...Al Sudani is still in support of the Iraqi dinar...
7-31-2023 Intel Guru MarkZ [via PDK] People I have spoken to who have crunched the numbers say it needs to be at least $1.30 to make sense for Iraq - IF they are going to do it that way. I am still hearing that we will have a contract rate no matter how they do it… because they need it for the “Oil for Dinar” program.
7-31-2023 Newshound Guru Kaperoni Community Comment "...The Reinstatement is unfolding in the most appropriate way possible. There are many different forces at play and there are reasons why the RV is happening the way it is." The money supply in Iraq is over 80 trillion. The net worth of the country is only $16 trillion US dollars. There is no way they can RV the currency.
7-31-2023 Newshound/Intel Guru Walkingstick It is more sound. It is more logical. It is safer at the onset that the rate should at least be 1 to 1 with the American dollar. Then a gradual increase via an international basket that floats the currency is very realistic.
7-31-2023 Intel Guru Wolverine [via Judy Byington] Sun. 30 July: “Very early today I received Intel from a very high Contact. I can’t tell you what they said other than things are progressing. Everything is ready. It won’t happen today but we may have very good news this week.”
7-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News showing Sudani meeting with CBI governor Alaq talking about measures to make the dinar strong and stable in the markets and talking about reforms...CBI saying nothing should be higher than the official CBI exchange rate of the street which is 1320.
7-31-2023 Newshound Guru Jeff The budget and the rate change, which are very much linked together, they're like two peas in a pod. The budget cannot be implemented because it's a structured budget in a way where it can only be implemented at a specific certain time...that's why as of right now you haven't seen the budget implemented yet. Neither have you see the rate change. Everything can only happen at a specific time...
7-31-2023 Newshound Guru Clare Article: "An upcoming visit of an Iraqi government delegation to America to discuss the issue of the exchange rate" Quote: "there are fears of a further decline in the value of the dinar," noting that there is a vision among the leaders of the coordination framework and the state administration as well to send a delegation representing the Iraqi government to discuss this issue with the US Federal Bank and discuss with it threats and risks and present proposals to address the situation."
7-31-2023 Intel Guru MarkZ [via PDK] I have been told by at least 3 different contacts to expect a very fruitful week...A number of sources think that this week will see our release? We shall see. I am hopeful but do not know the timing.
7-31-2023 Intel Guru Frank26 Article: "The US ambassador in Baghdad announces the success of her mediation between the Iraqi Central Bank and the US Treasury". AS WE PREDICTED THE US TREASURY IS NOT DUMB ENOUGH TO PUT SANCTIONS BACK ON IRAQ.
7-31-2023 Newshound Guru Militia Man Article: "U.S. ambassador in Baghdad announces the success of mediation between the Iraqi government, Central Bank and U.S. Treasury" Do you find that to be fascinating? Because it should be. Because the bottom line is that the largest entities in the world...is the Untied States Treasury and the central banks...The Central Bank of Iraq, The United States Treasury and the U.S. ambassador have come to some sort of an agreement in respect to what's going on...
7-31-2023 Intel Guru Goldilocks "HCM CITY — HDBank is one of the first lenders in Việt Nam to have successfully adopted Basel III reforms standards." HD Bank in Vietnam has upgraded from Basel 2 to Basel 3 Reforms across the board on all of the requirements it takes to be compliant. The Basel Committee has recommended this for International Banks since January 1, 2023, and HD Bank is our first International pioneer. They have reached sustainable goals through Article 4...with the IMF, and they are now able to move forward... Iraq being on a similar track...HDBank, one of the pioneers in Việt Nam, has applied leading international risk management standards...
7-30-2023 Intel Guru Frank26 Is the governor of the CBI the one that makes the decision on when to release the new exchange rate? Turns out it is the Board of Directors.
7-30-2023 Newshound/Intel Guru Walkingstick They are talking about the float now. They are doing a lot of work about the international connections and everything that's connected to the float... 3 to 1 at the onset is ridiculous. It's better to have small incremental pip movements of let's say $0.50, $0.60, $1. That would be more logical.
7-30-2023 Newshound/Intel Guru Mnt Goat The VERY good news...is that the honest Iraqis are waking up and it will very soon become public knowledge that they MUST liberate the dinar and this is the real and only solution. When I talk to my CBI contact I am still told that the Project to Delete the Zeros is “not off the table” and is going to be executed shortly...
7-30-2023 Newshound Guru Jeff They can only change the rate at a certain time because that's how their new budget is structured. It's time specific sensitive. Because of that that's the reason why it looks like nothing is getting done. The timing of the budget has to do with the timing of the rate change. They are paired and linked together...
7-30-2023 Newshound Guru Enorrste ...Opening a dinar denominated checking or banking account at Chase for instance as a possibility. If it's denominated in dinar and the dinar goes up, then you're already home free, convert dollars right to your bank. You get rid of that whole problem of taking 10 million dinar down to downtown Los Angeles and going up 15 stories into some building and hoping you don't get rousted before you get there.
7-30-2023 Newshound Guru Sandy Ingram Professionals in the currency industry use statements like "Things can change suddenly in the Forex world." You must be prepared to protect your profits or you can lose 30% of your wealth the day you realize your currency gains...The wealthy have an unwritten iron-tight rule which they do not teach in public schools - You never spend your initial profits. You use these profits to generate more profits. You keep your day job until you can replace your monthly income WITHOUT touching your initial profits...This info is for the new wealthy or exotic currency investors...
7-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some currency expert is on the news, on the financial section and he's saying the future of the dinar could reach 3 to 1 with the American dollar by the year 2025. FRANK: I believe he's from the CBI...that can only happen in a float. That's the hot theme I'm trying to teach you. The international float is the
education of monetary reform being drilled into the citizens right now. That's the phase of monetary reform education right now. The external international float of their national currency that's soon to come...To see a float over a year and half is logical and stable.
7-30-2023 Newshound Guru Militia Man I do not think this 1310 or 1.3 means $1.30 cents. I think it’s a reciprocal of 1 to 1 and that would be about .77 cents …like dropping the 3 zeros...Then once they apply the REER (Real Effective Exchange Rate) the game is going to change. Their purchasing power is going to change. Their projects in the budget are going to be funded. [post 2 of 2]
7-30-2023 Newshound Guru Militia Man Sudani did say the Dinar will be stronger than the dollar. There is a lot of talk about the dinar –on the streets and everywhere. It’s all about the exchange rate. This is definitely a big topic…even on the streets.1132 is not going to help them...To me…they are keeping this correction hush, hush…we saw the Arabic side of the budget was published and read by people at 1.3. A Forbes article said 1.3 and they have been keeping it tight. [post 1 of 2....stay tuned]
7-30-2023 Newshound Guru Clare Article: "The US ambassador in Baghdad announces the success of her mediation between the Iraqi Central Bank and the US Treasury" Quote: "The US Ambassador to Iraq, Alina Romansky, announced that the US Treasury will not impose sanctions on Iraqi banks due to money laundering fears. 'Yesterday, I participated in a call between the Treasury Department and the Central Bank of Iraq (CBI) about the recent US measures to restrict 14 Iraqi banks from dollar services after money laundering concerns...CBI took appropriate and prompt measures. No sanctions were imposed on any Iraqi banks.'
7-30-2023 Newshound/Intel Guru Walkingstick They are talking about the float now. They are doing a lot of work about the international connections and everything that's connected to the float... 3 to 1 at the onset is ridiculous. It's better to have small incremental pip movements of let's say $0.50, $0.60, $1. That would be more logical.
7-30-2023 Newshound/Intel Guru Mnt Goat The VERY good news...is that the honest Iraqis are waking up and it will very soon become public knowledge that they MUST liberate the dinar and this is the real and only solution. When I talk to my CBI contact I am still told that the Project to Delete the Zeros is “not off the table” and is going to be executed shortly...
7-30-2023 Newshound Guru Jeff They can only change the rate at a certain time because that's how their new budget is structured. It's time specific sensitive. Because of that that's the reason why it looks like nothing is getting done. The timing of the budget has to do with the timing of the rate change. They are paired and linked together...
7-30-2023 Newshound Guru Enorrste ...Opening a dinar denominated checking or banking account at Chase for instance as a possibility. If it's denominated in dinar and the dinar goes up, then you're already home free, convert dollars right to your bank. You get rid of that whole problem of taking 10 million dinar down to downtown Los Angeles and going up 15 stories into some building and hoping you don't get rousted before you get there.
7-30-2023 Newshound Guru Sandy Ingram Professionals in the currency industry use statements like "Things can change suddenly in the Forex world." You must be prepared to protect your profits or you can lose 30% of your wealth the day you realize your currency gains...The wealthy have an unwritten iron-tight rule which they do not teach in public schools - You never spend your initial profits. You use these profits to generate more profits. You keep your day job until you can replace your monthly income WITHOUT touching your initial profits...This info is for the new wealthy or exotic currency investors...
7-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some currency expert is on the news, on the financial section and he's saying the future of the dinar could reach 3 to 1 with the American dollar by the year 2025. FRANK: I believe he's from the CBI...that can only happen in a float. That's the hot theme I'm trying to teach you. The international float is the
education of monetary reform being drilled into the citizens right now. That's the phase of monetary reform education right now. The external international float of their national currency that's soon to come...To see a float over a year and half is logical and stable.
7-30-2023 Newshound Guru Militia Man I do not think this 1310 or 1.3 means $1.30 cents. I think it’s a reciprocal of 1 to 1 and that would be about .77 cents …like dropping the 3 zeros...Then once they apply the REER (Real Effective Exchange Rate) the game is going to change. Their purchasing power is going to change. Their projects in the budget are going to be funded. [post 2 of 2]
7-30-2023 Newshound Guru Militia Man Sudani did say the Dinar will be stronger than the dollar. There is a lot of talk about the dinar –on the streets and everywhere. It’s all about the exchange rate. This is definitely a big topic…even on the streets.1132 is not going to help them...To me…they are keeping this correction hush, hush…we saw the Arabic side of the budget was published and read by people at 1.3. A Forbes article said 1.3 and they have been keeping it tight. [post 1 of 2....stay tuned]
7-30-2023 Newshound Guru Clare Article: "The US ambassador in Baghdad announces the success of her mediation between the Iraqi Central Bank and the US Treasury" Quote: "The US Ambassador to Iraq, Alina Romansky, announced that the US Treasury will not impose sanctions on Iraqi banks due to money laundering fears. 'Yesterday, I participated in a call between the Treasury Department and the Central Bank of Iraq (CBI) about the recent US measures to restrict 14 Iraqi banks from dollar services after money laundering concerns...CBI took appropriate and prompt measures. No sanctions were imposed on any Iraqi banks.'
7-29-2023 Newshound Guru Jeff Article: "The Federal Court is considering articles of the federal general budget contested by the government" You have no idea how critical this step was of appealing the budget. This is the most critical step regarding the rate change...
7-29-2023 Intel Guru Frank26 The key to...the new exchange rate lies in the HCL that is in the budget. The HCL is just but one of the line items. The new exchange rate is another one of the line items in the budget. That's why I feel that when they bust open this budget it will be like busting open a piñata. There's gonna be candy flying everywhere, for everyone...
7-29-2023 Newshound Guru Kaperoni Article quote: "The government will implement reform to strengthen the anti-money laundering combating the financing of terrorism that will contribute to improve the integration of the domestic Financial system into the global economy." ...All of this is going to bring them to the day when they float the dinar and stop the daily currency auctions. That's what we're waiting for.
7-29-2023 Newshound Guru Sandy Ingram Article: "Iraqis banned from dealing in US dollars" If it is against the law for citizens to use U.S. dollars for any transaction then why is the Central Bank selling the US dollar at the currency window? To pay for credit card transactions and invoices that must be paid in USD.
7-29-2023 Intel Guru MarkZ [via PDK] out of Vietnam “Vietnam aims to annually exploit 2MN tonnes of rare earths” this points out how strategic the area is and its value. Vietnam is a powerhouse of manufacturing and technology. They have large amounts of iron ore and untapped energy reserves. They have sizable deposits or rare earth minerals…this will help back the value of their currency in the new commodity based world soon.
7-29-2023 Newshound Guru Militia Man Article: "A Representative of The State Law: government measures against the dollar will soon raise the value of the Iraqi dinar" That's in the news...I don't make it up. This is not a sham. It's what they're telling me.
7-29-2023 Intel Guru Frank26 As much as we want to blame Sudani...Alaq, you can't. There's really no one to blame. The monetary reform is actually moving forward and marching in the right direction. Now, it may be moving at the pace of a sloth. It may be moving at the pace of quicksand. It may be moving at the pace of a snail. But it's moving in the right direction. Even the turtle won the race...
7-29-2023 Guru Nader From The Mid East A very good article this morning came out talking about the history of dinar of 2003...it gave me some hope. That means they still talking about and thinking about the good day. They want to go back to those good days. They want to be involved in the world...
7-29-2023 Intel Guru Bruce [via WiserNow] we have seen where Iraq the Iraqi dinar has been trading up and up and up. Very very pleased with where the rate is showing on our front banks screens - the dinar and I'd say last several days, the Vietnamese Dong is also trading up into a decent range.
7-29-2023 Newshound Guru Jeff Article: "Parliamentary finance sets the date for the entry into force of the budget provisions" They're saying the budget will be implemented in the next few days. I will disagree with this article and say it can't, because right now is not the correct period of time for the budget to be able or eligible to be implemented. More time is needed for the budget. The Article says next few days, I'm going to dispute it IMO say nope, nothing will happen this week or next week with the budget.
7-29-2023 Intel Guru Frank26 THE NEW NATIONAL EXCHANGE RATE FOR THE NEW NATIONAL CURRENCY OF IRAQ...BELONGS ONLY TO THE CBI BOARD OF DIRECTORS TO GIVE TO ALAQ THE GOV OF THE CBI... TO GIVE TO THE IRAQI CITIZENS!
7-29-2023 Newshound/Intel Guru Mnt Goat Am I going to...give you what I heard from the CBI myself this week. Nope!...Until I see stronger evidence of a move by the CBI and not just words I will keep it to myself. But I will say this – they told me it is soon not years away!
7-29-2023 Intel Guru Frank26 The key to...the new exchange rate lies in the HCL that is in the budget. The HCL is just but one of the line items. The new exchange rate is another one of the line items in the budget. That's why I feel that when they bust open this budget it will be like busting open a piñata. There's gonna be candy flying everywhere, for everyone...
7-29-2023 Newshound Guru Kaperoni Article quote: "The government will implement reform to strengthen the anti-money laundering combating the financing of terrorism that will contribute to improve the integration of the domestic Financial system into the global economy." ...All of this is going to bring them to the day when they float the dinar and stop the daily currency auctions. That's what we're waiting for.
7-29-2023 Newshound Guru Sandy Ingram Article: "Iraqis banned from dealing in US dollars" If it is against the law for citizens to use U.S. dollars for any transaction then why is the Central Bank selling the US dollar at the currency window? To pay for credit card transactions and invoices that must be paid in USD.
7-29-2023 Intel Guru MarkZ [via PDK] out of Vietnam “Vietnam aims to annually exploit 2MN tonnes of rare earths” this points out how strategic the area is and its value. Vietnam is a powerhouse of manufacturing and technology. They have large amounts of iron ore and untapped energy reserves. They have sizable deposits or rare earth minerals…this will help back the value of their currency in the new commodity based world soon.
7-29-2023 Newshound Guru Militia Man Article: "A Representative of The State Law: government measures against the dollar will soon raise the value of the Iraqi dinar" That's in the news...I don't make it up. This is not a sham. It's what they're telling me.
7-29-2023 Intel Guru Frank26 As much as we want to blame Sudani...Alaq, you can't. There's really no one to blame. The monetary reform is actually moving forward and marching in the right direction. Now, it may be moving at the pace of a sloth. It may be moving at the pace of quicksand. It may be moving at the pace of a snail. But it's moving in the right direction. Even the turtle won the race...
7-29-2023 Guru Nader From The Mid East A very good article this morning came out talking about the history of dinar of 2003...it gave me some hope. That means they still talking about and thinking about the good day. They want to go back to those good days. They want to be involved in the world...
7-29-2023 Intel Guru Bruce [via WiserNow] we have seen where Iraq the Iraqi dinar has been trading up and up and up. Very very pleased with where the rate is showing on our front banks screens - the dinar and I'd say last several days, the Vietnamese Dong is also trading up into a decent range.
7-29-2023 Newshound Guru Jeff Article: "Parliamentary finance sets the date for the entry into force of the budget provisions" They're saying the budget will be implemented in the next few days. I will disagree with this article and say it can't, because right now is not the correct period of time for the budget to be able or eligible to be implemented. More time is needed for the budget. The Article says next few days, I'm going to dispute it IMO say nope, nothing will happen this week or next week with the budget.
7-29-2023 Intel Guru Frank26 THE NEW NATIONAL EXCHANGE RATE FOR THE NEW NATIONAL CURRENCY OF IRAQ...BELONGS ONLY TO THE CBI BOARD OF DIRECTORS TO GIVE TO ALAQ THE GOV OF THE CBI... TO GIVE TO THE IRAQI CITIZENS!
7-29-2023 Newshound/Intel Guru Mnt Goat Am I going to...give you what I heard from the CBI myself this week. Nope!...Until I see stronger evidence of a move by the CBI and not just words I will keep it to myself. But I will say this – they told me it is soon not years away!
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The latest guru posts continue below...
The latest guru posts continue below...
7-28-2023 Intel Guru Frank26 That's the whole project...They don't take a pair of scissors and cut the three zeros from the 25k note...Electronically they remove the three zeros from the exchange rate which in turn stops the citizens from using the three zeros notes because the exchange rate does not work with 3 zero notes. What does this new exchange rate work with? The new lower denoms. The 1, 5, 10, 20...100... [Post 2 of 2]
7-28-2023 Intel Guru Frank26 Question: "Are they going to take the three zeros off of the 25k note? Are they going to take the three zeros off the exchange rate?" When you delete the three zeros from the official exchange rate of the Iraqi dinar with the CBI you automatically remove 3 zero currency notes from the street... .00085791 something like that this morning, if you take that decimal point and move it to the right three time you remove the three zeros. You've got about $0.86 cents, round off to a dollar... [Post 1 of 2....stay tuned]
7-28-2023 Newshound Guru Paulette Question: "Has there been any word on the HCL possibly being resolved yet?" I have not seen anything on the HCL for years, only the Oil and Gas Law between Baghdad and Kurdistan. Did you not see that they finalized agreement and signed MOU's...?? This will be the final basis for the Oil and Gas Law!! DONE!! DONE!! DONE!!
7-28-2023 Intel Guru MarkZ [via PDK] They told us they are at least going 1 to 1 as a bare minimum. I still expect considerably higher.
7-28-2023 Intel Guru Bruce [via WiserNow] ...we heard from a very, very high military source that is well connected to this process. He is telling us that we could get notified between now let's call it...tomorrow and Monday, the 31st...We could get notified over the weekend. But it might not be until the 31st or the first which is Monday...get started on Tuesday, the first... I think we're all going to be very happy campers at the end of this month. And at the very beginning of August and I'm excited about that.
7-28-2023 Newshound/Intel Guru Walkingstick The plan is to de-dollarize Iraq as much as possible. They're doing a very good job.
7-28-2023 Newshound Guru Militia Man ...There's a rate that's being involved...to all these allocations that they'll need for this '23, '24, '25 budget, that hasn't been exposed yet...We believe they are not going to go into an international market at 1310. If they could have done it already they would have done so...
7-28-2023 Newshound Guru Samson Article: "The Central Bank of: Issuing a new denomination for the national currency is not on our agenda at the moment". ...The Deletion of the zeros project still exists...
7-28-2023 Newshound Guru Jeff A very important article came out today that is very critical and important to the rate change. Article "Parliamentary addresses to Al-Sudani calling for changing the head of the Central Bank" This is a very important critical step for the rate change...
7-28-2023 Intel Guru Frank26 The CBI is talking about the American dollar... Look, stop using it. If you stop using it you don't have to worry about the exchange rate of the American dollar verse the Iraqi dinar...The value of the American dollar will drop like a meteor in the ocean. If you stop using the American dollars...the value of the dollar will go down and the value of the Iraqi dinar will go up.
7-28-2023 Intel Guru MarkZ [via PDK] “The Text of the Baghdad-Kurdistan agreement on the implementation of the budget.” This is a massive move forward and it looks like they have worked through the last of the HCL hold up stuff. Money and agreements- looks like things are moving.
7-28-2023 Newshound Guru Clare Article: "Parliamentary address to Al-Sudani calling for changing the head of the Central Bank (document)"
7-28-2023 Newshound/Intel Guru Mnt Goat The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday, measures that will contribute to the stability of the exchange rate, and...he also pointed out that the new proposed 20k note has been dismissed from printing...we do not wish to expand the current categories, because the project to delete zeros still exists... All we can do is sit tight and wait. It is coming soon and this is yet another good sign that the new governor Ali Alaq is on the reform side and wants what we want.
7-28-2023 Intel Guru Frank26 Question: "Are they going to take the three zeros off of the 25k note? Are they going to take the three zeros off the exchange rate?" When you delete the three zeros from the official exchange rate of the Iraqi dinar with the CBI you automatically remove 3 zero currency notes from the street... .00085791 something like that this morning, if you take that decimal point and move it to the right three time you remove the three zeros. You've got about $0.86 cents, round off to a dollar... [Post 1 of 2....stay tuned]
7-28-2023 Newshound Guru Paulette Question: "Has there been any word on the HCL possibly being resolved yet?" I have not seen anything on the HCL for years, only the Oil and Gas Law between Baghdad and Kurdistan. Did you not see that they finalized agreement and signed MOU's...?? This will be the final basis for the Oil and Gas Law!! DONE!! DONE!! DONE!!
7-28-2023 Intel Guru MarkZ [via PDK] They told us they are at least going 1 to 1 as a bare minimum. I still expect considerably higher.
7-28-2023 Intel Guru Bruce [via WiserNow] ...we heard from a very, very high military source that is well connected to this process. He is telling us that we could get notified between now let's call it...tomorrow and Monday, the 31st...We could get notified over the weekend. But it might not be until the 31st or the first which is Monday...get started on Tuesday, the first... I think we're all going to be very happy campers at the end of this month. And at the very beginning of August and I'm excited about that.
7-28-2023 Newshound/Intel Guru Walkingstick The plan is to de-dollarize Iraq as much as possible. They're doing a very good job.
7-28-2023 Newshound Guru Militia Man ...There's a rate that's being involved...to all these allocations that they'll need for this '23, '24, '25 budget, that hasn't been exposed yet...We believe they are not going to go into an international market at 1310. If they could have done it already they would have done so...
7-28-2023 Newshound Guru Samson Article: "The Central Bank of: Issuing a new denomination for the national currency is not on our agenda at the moment". ...The Deletion of the zeros project still exists...
7-28-2023 Newshound Guru Jeff A very important article came out today that is very critical and important to the rate change. Article "Parliamentary addresses to Al-Sudani calling for changing the head of the Central Bank" This is a very important critical step for the rate change...
7-28-2023 Intel Guru Frank26 The CBI is talking about the American dollar... Look, stop using it. If you stop using it you don't have to worry about the exchange rate of the American dollar verse the Iraqi dinar...The value of the American dollar will drop like a meteor in the ocean. If you stop using the American dollars...the value of the dollar will go down and the value of the Iraqi dinar will go up.
7-28-2023 Intel Guru MarkZ [via PDK] “The Text of the Baghdad-Kurdistan agreement on the implementation of the budget.” This is a massive move forward and it looks like they have worked through the last of the HCL hold up stuff. Money and agreements- looks like things are moving.
7-28-2023 Newshound Guru Clare Article: "Parliamentary address to Al-Sudani calling for changing the head of the Central Bank (document)"
7-28-2023 Newshound/Intel Guru Mnt Goat The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday, measures that will contribute to the stability of the exchange rate, and...he also pointed out that the new proposed 20k note has been dismissed from printing...we do not wish to expand the current categories, because the project to delete zeros still exists... All we can do is sit tight and wait. It is coming soon and this is yet another good sign that the new governor Ali Alaq is on the reform side and wants what we want.
7-27-2023 Newshound Guru Militia Man They want to get rid of the black market...The Federal Reserve [is] putting pressure on Iraq to get rid of it and the easiest way to get rid of that black market is to make the dinar more valuable than the dollar...
7-27-2023 Intel Guru MarkZ [via PDK] In the last 24 hours the Iraq government said they are not going to print any more bigger bills…we are not going to need them. And then they talked the project to delete the zeros. This is key piece. So big bills will not be needed except for settling large debts. It appears they may be changing that value pretty soon
7-27-2023 Intel Gruu Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...The IFC was here. That's big. It's a really big step that they accomplished...plus our Iraqi banking system just attended a banking symposium and it's all on international standards. This is the float. This is the next step. All banks there were international, so why were we there if not believe we not coming back to the world. FRANK: Everyone at that symposium knows Iraq is coming back to the International community. That's why they are pouring in.
7-27-2023 Newshound Guru Jeff We're all wondering, 'How come the budget is not getting implement? What's going on? Why can't they implement the budget?" Iraq has a lot of hidden secrets going on right now...the budget is one of those secrets. There's something very special and unique about the budget that requires it to be implemented only at a specific time...the rate change is linked to that...
7-27-2023 Newshound/Intel Guru Walkingstick The idea is to get rid of the 3 zero notes. The idea is not to print more 3 zero notes.
7-27-2023 Intel Guru MarkZ [via PDK] “Deleting the 3 zero project” The project still exists and is being discussed. This does not mean they take the 3 zeros off the notes…It means they break out the lower denominations and they won’t need the 3 zero notes any more. This means they are revaluing the currency. Seeing this back in the news is a good thing.
7-27-2023 Guru Nader From The Mid East The dinar it's going to go up the end of this week or beginning of next week. It's going to be 1700...if you look at the dinar internationally it's going down...Biden Administration is punishing Iraq because they paid Iran with the dollars...14 banks has been punished from Iraq. Otherwise the rate would be change already. We'll be 1000 already. [NOTE: "going up" in this instance is bad for dinar investors...we want that number to go down.]
7-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Chatter from the street now is to remove Alaq from the CBI. He's not doing his job just like the parliament members have asked Sudani to remove Alaq. All this talk is in the streets. FRANK: Alaq...is only a figurehead...He listens to the board of directors of the CBI...to say exactly what they want him to say.
7-27-2023 Intel Guru MarkZ [via PDK] ...with the chatter from the Iraqi front…that they were given 72 hours deadline to deal with the change in price after yesterday’s protests…that fits in with everything I am hearing. So watch between last night and Monday night.
7-27-2023 Newshound Guru Militia Man Article: "The rise in the exchange rate my time and the project to delete the zeros still exists" A lot of people said it's never going to happen...Today they reiterate specifically in the headline that their 'deletion of the zeros' still exists...my understanding...is they're not talking about taking off 3-zeros off the currency notes themselves. It's taking 3-zeros off the exchange rate. There is a difference. It's not about taking three zeros off the notes.
7-27-2023 Newshound Guru CANDYKISSES Article: "Details of the agreement signed between Baghdad and Erbil on the commitment to implement the provisions of the budget law" Quote: "A government source revealed on Thursday that Baghdad and Erbil signed an agreement on full commitment to the implementation of the provisions of the general budget law, while noting that the agreement includes the regional government to deliver oil to the Federal Ministry of Oil."
7-27-2023 Intel Guru Frank26 Article Quote: "It has been dismissed from printing the category of twenty thousand dinars because of the existence of a category of 25 thousand dinars, and we do not wish to expand the current categories, because the project to delete zeros still exists." There you go! ...We're trying to collect the 25ks. You know why? Because once we collect the 25ks we collect the 3-zeros...This is amazing to see from the CBI.
7-27-2023 Newshound Guru Clare Article: "Alaq: the rise in the exchange rate "my time" and the project to delete zeros still exists" Quote: "The governor of the Central Bank, Ali Al-Alaq...the rise in the exchange rate of the dollar in the market was temporary, and while he indicated that there was no indication or indication from the American side to include new banks within the sanctions, he confirmed that the project to delete zeros from the currency still exists."
7-27-2023 Intel Guru Bruce [via WiserNow] ...we know the Iraqi dinar is trading up. We know the rates that are on the redemption center screens, front screens we know that they're substantial and very high... This is the front screen rate that will be offered to us...We also know that dong has been pulling up the rear and going up in value as well... I was told by a redemption center person that ... it looks like...Thursday, for notifications and it looks like the start of exchanges will be Thursday, Maybe Friday...
7-27-2023 Intel Guru MarkZ [via PDK] Lets get into Iraqi news….”Bank owners and citizens protest the deterioration of the Iraqi dinar following Us ban on Iraqi banks.” The chatter in Iraq is that the pressure is huge on Al Sadr and Sudani to force this thing to come to fruition. The pressure on the US has now gotten extreme as the US is losing its influence in Iraq. I am being told there is a great push on right now. Tremendous pressure to go now…like within 48 hours…but I don’t know…we have heard that before.
7-27-2023 Intel Guru MarkZ [via PDK] In the last 24 hours the Iraq government said they are not going to print any more bigger bills…we are not going to need them. And then they talked the project to delete the zeros. This is key piece. So big bills will not be needed except for settling large debts. It appears they may be changing that value pretty soon
7-27-2023 Intel Gruu Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...The IFC was here. That's big. It's a really big step that they accomplished...plus our Iraqi banking system just attended a banking symposium and it's all on international standards. This is the float. This is the next step. All banks there were international, so why were we there if not believe we not coming back to the world. FRANK: Everyone at that symposium knows Iraq is coming back to the International community. That's why they are pouring in.
7-27-2023 Newshound Guru Jeff We're all wondering, 'How come the budget is not getting implement? What's going on? Why can't they implement the budget?" Iraq has a lot of hidden secrets going on right now...the budget is one of those secrets. There's something very special and unique about the budget that requires it to be implemented only at a specific time...the rate change is linked to that...
7-27-2023 Newshound/Intel Guru Walkingstick The idea is to get rid of the 3 zero notes. The idea is not to print more 3 zero notes.
7-27-2023 Intel Guru MarkZ [via PDK] “Deleting the 3 zero project” The project still exists and is being discussed. This does not mean they take the 3 zeros off the notes…It means they break out the lower denominations and they won’t need the 3 zero notes any more. This means they are revaluing the currency. Seeing this back in the news is a good thing.
7-27-2023 Guru Nader From The Mid East The dinar it's going to go up the end of this week or beginning of next week. It's going to be 1700...if you look at the dinar internationally it's going down...Biden Administration is punishing Iraq because they paid Iran with the dollars...14 banks has been punished from Iraq. Otherwise the rate would be change already. We'll be 1000 already. [NOTE: "going up" in this instance is bad for dinar investors...we want that number to go down.]
7-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Chatter from the street now is to remove Alaq from the CBI. He's not doing his job just like the parliament members have asked Sudani to remove Alaq. All this talk is in the streets. FRANK: Alaq...is only a figurehead...He listens to the board of directors of the CBI...to say exactly what they want him to say.
7-27-2023 Intel Guru MarkZ [via PDK] ...with the chatter from the Iraqi front…that they were given 72 hours deadline to deal with the change in price after yesterday’s protests…that fits in with everything I am hearing. So watch between last night and Monday night.
7-27-2023 Newshound Guru Militia Man Article: "The rise in the exchange rate my time and the project to delete the zeros still exists" A lot of people said it's never going to happen...Today they reiterate specifically in the headline that their 'deletion of the zeros' still exists...my understanding...is they're not talking about taking off 3-zeros off the currency notes themselves. It's taking 3-zeros off the exchange rate. There is a difference. It's not about taking three zeros off the notes.
7-27-2023 Newshound Guru CANDYKISSES Article: "Details of the agreement signed between Baghdad and Erbil on the commitment to implement the provisions of the budget law" Quote: "A government source revealed on Thursday that Baghdad and Erbil signed an agreement on full commitment to the implementation of the provisions of the general budget law, while noting that the agreement includes the regional government to deliver oil to the Federal Ministry of Oil."
7-27-2023 Intel Guru Frank26 Article Quote: "It has been dismissed from printing the category of twenty thousand dinars because of the existence of a category of 25 thousand dinars, and we do not wish to expand the current categories, because the project to delete zeros still exists." There you go! ...We're trying to collect the 25ks. You know why? Because once we collect the 25ks we collect the 3-zeros...This is amazing to see from the CBI.
7-27-2023 Newshound Guru Clare Article: "Alaq: the rise in the exchange rate "my time" and the project to delete zeros still exists" Quote: "The governor of the Central Bank, Ali Al-Alaq...the rise in the exchange rate of the dollar in the market was temporary, and while he indicated that there was no indication or indication from the American side to include new banks within the sanctions, he confirmed that the project to delete zeros from the currency still exists."
7-27-2023 Intel Guru Bruce [via WiserNow] ...we know the Iraqi dinar is trading up. We know the rates that are on the redemption center screens, front screens we know that they're substantial and very high... This is the front screen rate that will be offered to us...We also know that dong has been pulling up the rear and going up in value as well... I was told by a redemption center person that ... it looks like...Thursday, for notifications and it looks like the start of exchanges will be Thursday, Maybe Friday...
7-27-2023 Intel Guru MarkZ [via PDK] Lets get into Iraqi news….”Bank owners and citizens protest the deterioration of the Iraqi dinar following Us ban on Iraqi banks.” The chatter in Iraq is that the pressure is huge on Al Sadr and Sudani to force this thing to come to fruition. The pressure on the US has now gotten extreme as the US is losing its influence in Iraq. I am being told there is a great push on right now. Tremendous pressure to go now…like within 48 hours…but I don’t know…we have heard that before.
7-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is doing a major campaign. They're telling us on television the CBI says this major campaign is to enhance Iraqi dinar. Saying all payments, transactions, anything we do in our country will be in dinars and they're telling all banks that are not certified that they must deal in dinars. This is a big campaign of the monetary reform going on right now about the Iraqi dinar. This is our education. They are saying the CBI has taken steps to enhance the dinar against foreign currencies. FRANK: Darn right! It's coming!
7-26-2023 Newshound Guru Kaperoni An exchange rate is a reaction to growth of an economy, not the other way around.
7-26-2023 Newshound Guru Militia Man Article: "The committee members..." That's a group of people other than Alaq, "ask a number of question regarding the reason for rising exchange rates..." ...What they're asking is what type of solutions do you have... Quote: "The central bank is working with the importance of developing radical solutions to the crisis." What's a radical solution? Going from 1460 to 1310 wasn't a radical solution. Going from 1310 to 1132 which is seriously not a radical solution. What they're really talking about...a 'radical solution'...going back to a 'previous era'...
7-26-2023 Newshound/Intel Guru Walkingstick Question: "1700 or Chapter VII they are saying to Iraq. What would you liken that to?" A wake up call. They're not going to do it, but they said it, they threatened it. That draws their attention. They are not waiting on anything but themselves...they just need to get out of their own way.
7-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are seeing 8 more banks hit with sanctions. They are saying the dollar will reach 1700.
7-26-2023 Newshound Guru Pimpy They need to figure out a way to work with the United States all over again and stop doing things to piss off the US until Iraq is further along with rebuilding infrastructure, building a stable economy and making sure they're opened up new streams of revenue other than just oil sales...
7-26-2023 Intel Guru MarkZ [via PDK] Now there is more pressure and the people are taking to the streets and insisting they fulfill those political promises. This is a good thing for us. Even them talking about how it’s the US holding things up is a good thing for us. They have a short window...This will erase the debt problems in the Us when they let Iraq finally RV their currency...I believe Iraqis taking to the streets is forcing it…It’s time. [post 2 of 2]
7-26-2023 Intel Guru MarkZ [via PDK] The people have seen the steps the people were told had to be done before they got their rate change and prosperity. The people are growing impatient...The IQD is losing value against the dollar right now. This is costing Iraqis dearly. They are upset. They had been promised a change in rate...Iraq is doing everything it can to get from under America’s thumb. It’s a battle and I believe Iraq is winning. Maybe not as quick as we want them to win though. [post 1 of 2....stay tuned]
7-26-2023 Guru Nader From The Mid East Article Quote: "The Harith Exchange in Baghdad, said, at 11:00 a.m., an exchange rate of IQD 155,200 per [100] US dollar...Dozens of angry protesters are gathered in front of the Central Bank of Iraq building in the middle of Baghdad to protest against the dollar's exchange rate...demanding quick action to reduce the continuing rise of exchange rates."
7-26-2023 Intel Guru Frank26 Article: "Economic warning of Iraq's return to Chapter VII" A RETURN TO CHAPTER VII IS THE CONSEQUENCE OF NOT HAVING A NEW EXCHANGE RATE!
7-26-2023 Newshound/Intel Guru Mnt Goat Well the RV has not yet happened in Iraq nor has the reinstatement of the dinar. As far as the banks are concerned there is still the US Treasury OFAC sanctions in place on the Iraqi dinar. This is not just my opinion but FACT...I was told by my CBI contact to expect the new rate on FOREX, however it did not occur, as stated. So...I inquired on my weekly call to Iraq and asked what happened. I was told it was stopped due to the US Treasury audits of many of the major banks in Iraq...
7-26-2023 Newshound Guru Kaperoni An exchange rate is a reaction to growth of an economy, not the other way around.
7-26-2023 Newshound Guru Militia Man Article: "The committee members..." That's a group of people other than Alaq, "ask a number of question regarding the reason for rising exchange rates..." ...What they're asking is what type of solutions do you have... Quote: "The central bank is working with the importance of developing radical solutions to the crisis." What's a radical solution? Going from 1460 to 1310 wasn't a radical solution. Going from 1310 to 1132 which is seriously not a radical solution. What they're really talking about...a 'radical solution'...going back to a 'previous era'...
7-26-2023 Newshound/Intel Guru Walkingstick Question: "1700 or Chapter VII they are saying to Iraq. What would you liken that to?" A wake up call. They're not going to do it, but they said it, they threatened it. That draws their attention. They are not waiting on anything but themselves...they just need to get out of their own way.
7-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are seeing 8 more banks hit with sanctions. They are saying the dollar will reach 1700.
7-26-2023 Newshound Guru Pimpy They need to figure out a way to work with the United States all over again and stop doing things to piss off the US until Iraq is further along with rebuilding infrastructure, building a stable economy and making sure they're opened up new streams of revenue other than just oil sales...
7-26-2023 Intel Guru MarkZ [via PDK] Now there is more pressure and the people are taking to the streets and insisting they fulfill those political promises. This is a good thing for us. Even them talking about how it’s the US holding things up is a good thing for us. They have a short window...This will erase the debt problems in the Us when they let Iraq finally RV their currency...I believe Iraqis taking to the streets is forcing it…It’s time. [post 2 of 2]
7-26-2023 Intel Guru MarkZ [via PDK] The people have seen the steps the people were told had to be done before they got their rate change and prosperity. The people are growing impatient...The IQD is losing value against the dollar right now. This is costing Iraqis dearly. They are upset. They had been promised a change in rate...Iraq is doing everything it can to get from under America’s thumb. It’s a battle and I believe Iraq is winning. Maybe not as quick as we want them to win though. [post 1 of 2....stay tuned]
7-26-2023 Guru Nader From The Mid East Article Quote: "The Harith Exchange in Baghdad, said, at 11:00 a.m., an exchange rate of IQD 155,200 per [100] US dollar...Dozens of angry protesters are gathered in front of the Central Bank of Iraq building in the middle of Baghdad to protest against the dollar's exchange rate...demanding quick action to reduce the continuing rise of exchange rates."
7-26-2023 Intel Guru Frank26 Article: "Economic warning of Iraq's return to Chapter VII" A RETURN TO CHAPTER VII IS THE CONSEQUENCE OF NOT HAVING A NEW EXCHANGE RATE!
7-26-2023 Newshound/Intel Guru Mnt Goat Well the RV has not yet happened in Iraq nor has the reinstatement of the dinar. As far as the banks are concerned there is still the US Treasury OFAC sanctions in place on the Iraqi dinar. This is not just my opinion but FACT...I was told by my CBI contact to expect the new rate on FOREX, however it did not occur, as stated. So...I inquired on my weekly call to Iraq and asked what happened. I was told it was stopped due to the US Treasury audits of many of the major banks in Iraq...
7-25-2023 Intel Guru Frank26 About two weeks ago it was nothing but IMF, last week it was nothing but the government of Iraq and now this week it's all about the CBI. The CBI took the microphone, 'Get out of our way!'... Who? Basically themselves. Who's in charge of monetary reform? CBI. Who's gonna receive the new exchange rate? The GOI. Who's doing all this? Alaq, the governor of the CBI and Sudani the PM of Iraq. They're sitting there saying, 'Get out of our way.' Who? Mainly those little things are Iran. It's the parliament in Iraq which is Iran influenced...
7-25-2023 Newshound Guru Clare Article: "Economic warning of Iraq's return to Chapter VII" Quote: "Economic expert Abd al-Hasan al-Shammari warned, on Monday, that Iraq would return to Chapter VII and impose sanctions on it due to banking violations of the Swift system, stressing the importance of diversifying the sources of the economy and trade exchange with capitalist countries."
7-25-2023 Intel Guru MarkZ [via PDK] I have been getting calls and messages all afternoon about chase banks...about systems being down, remodelings, closing branches, adding virtual branches…all kinds of craziness. Rumors are flying and its very interesting whats happening at Chase as they prepare for the brand new system...The official story is they are simply downsizing banking. More and more people are going electronic… they are automating as much as they can to save on labor. The unofficial story is a number of employees are telling folks they were told to expect a lot of new wealthy customers. We are gearing toward wealth management.
7-25-2023 Newshound/Intel Guru Walkingstick Iran wants to stop the HCL because Iran can't exploit Iraq's money anymore. Their money grabbing is coming to an end and they are very angry about this...you would think that with so many being busted left and right that they'd stop stealing but they are so stubborn...
7-25-2023 Guru Nader From The Mid East The government of the United States can help, yes. The government of Iraq can help, yes. The CBI can help, yes. The call is the Treasury. The call is on Forex. The call is on all this World Bank and all that stuff. It's not on CBI...The CBI can only get better, do better a job and get stronger and get more money, more reserves, more goals, more things like that for the dinar to go up for these people to decide, 'Okay, Iraq has this, this, this, this, the dinar is worth this much.' ...Iraq is doing a lot better, yes. [Post 2 of 2]
7-25-2023 Guru Nader From The Mid East Since December 2021 they started to build the country. They started to fix their economy. They start to fix their private sector. They start to fix their banking system...international system ...the dollar against the dinar...the dinar himself...He needs a lot of work. I told you before..whoever put the dinar down, that's the person who's gonna put the dinar back up...It's not the CBI. It's not the government of Iraq and it's not government of the United States. [Post 1 of 2....stay tuned]
7-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is saying the banks are to refrain from using the American dollar but they can use the dinar and they can use international currencies outside of Iraq other than the dollar.
7-25-2023 Newshound Guru Pimpy Article: "Iraqi Dinar retreats on 14 banks' sanctions" Most of the news today is pertaining around the exchange rate. We know there's a problem. I spoke about this before. I was a little concerned about what would happen between Iraq and the United States once Iraq and Iran made their little deal to circumvent the US sanctions. We're starting to see what is happening. These sanctions on these banks are starting to affect the exchange rate.
7-25-2023 Newshound Guru Militia Man They've been having problems with the parallel market...but they're going to actually try to resolve it...Right now the dollar and dinar are being used in the country...multi-currency practices aren't supposed to happen. There's legitimate reasons for them to be able to use the dollar...the dinar is the currency of choice from the central bank. It's by law...
7-25-2023 Intel Guru MarkZ [via PDK] Rumors are all over the place right now…that today is going to be huge and tomorrow will be great…I am hearing a lot about the 27th for a few days now...rumors that people have money …I just have not seen that economic receipt yet. But, I am seeing a lot of people under an NDA or being effectively “hushed” right now. That makes me feel warm and fuzzy…
7-25-2023 Intel Guru Frank26 Articles Quote: "The parallel price means the exchange rate of the dollar in the market and exchange offices, and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." That rate is the goal of the CBI right now...They're telling the world, citizens, everybody, you that their official rate is 1132. Yet what you see on the CBI website is 1320. ...Why? Because they are trying to de-dollarize. Why? So they can bring in the new exchange rate with the new currency and new value. Why? Because that is the only way Iraq will be able to protect itself from...Iran that steals their money...
7-25-2023 Newshound/Intel Guru Mnt Goat On Thursday, the Central Bank of Iraq issued instructions to all licensed banks and non-bank financial institutions not to deal in dollars with 14 of the Iraqi banks. I can see that if these illegal dollar cash transactions continue the CBI will close down these banks. It’s coming and this will help tremendously in bringing down and keeping down the value of the dollar against the dinar. This may be the last step in the banking sector that needs to be addressed. The diversification of banking practices to make profits with products outside of currency exchange spreads, will come naturally once the free market economy kicks in. The 3 year budget is now open and the money is being dispersed to the districts for projects.
7-25-2023 Intel Guru MarkZ [via PDK] From Iraq: “The crisis of the rise of the dollar returns to the fore…and an upcoming parliamentary procedure” We are starting to see this number…this parallel price of 1132 for the dinar against the dollar. It is not trending there yet but is part of what they have been doing the last few days...They are doing this in articles all the time. They list the rate one way…then in the same article its listed another. The important part is they are trying to get to the parallel rate. I have been told repeatedly that when they do they are ready for the big rate change. At least this is progress...This thing is going to take however long it’s going to take whether we like it or not...It’s going to happen guys.
7-25-2023 Newshound Guru Clare Article: "Economic warning of Iraq's return to Chapter VII" Quote: "Economic expert Abd al-Hasan al-Shammari warned, on Monday, that Iraq would return to Chapter VII and impose sanctions on it due to banking violations of the Swift system, stressing the importance of diversifying the sources of the economy and trade exchange with capitalist countries."
7-25-2023 Intel Guru MarkZ [via PDK] I have been getting calls and messages all afternoon about chase banks...about systems being down, remodelings, closing branches, adding virtual branches…all kinds of craziness. Rumors are flying and its very interesting whats happening at Chase as they prepare for the brand new system...The official story is they are simply downsizing banking. More and more people are going electronic… they are automating as much as they can to save on labor. The unofficial story is a number of employees are telling folks they were told to expect a lot of new wealthy customers. We are gearing toward wealth management.
7-25-2023 Newshound/Intel Guru Walkingstick Iran wants to stop the HCL because Iran can't exploit Iraq's money anymore. Their money grabbing is coming to an end and they are very angry about this...you would think that with so many being busted left and right that they'd stop stealing but they are so stubborn...
7-25-2023 Guru Nader From The Mid East The government of the United States can help, yes. The government of Iraq can help, yes. The CBI can help, yes. The call is the Treasury. The call is on Forex. The call is on all this World Bank and all that stuff. It's not on CBI...The CBI can only get better, do better a job and get stronger and get more money, more reserves, more goals, more things like that for the dinar to go up for these people to decide, 'Okay, Iraq has this, this, this, this, the dinar is worth this much.' ...Iraq is doing a lot better, yes. [Post 2 of 2]
7-25-2023 Guru Nader From The Mid East Since December 2021 they started to build the country. They started to fix their economy. They start to fix their private sector. They start to fix their banking system...international system ...the dollar against the dinar...the dinar himself...He needs a lot of work. I told you before..whoever put the dinar down, that's the person who's gonna put the dinar back up...It's not the CBI. It's not the government of Iraq and it's not government of the United States. [Post 1 of 2....stay tuned]
7-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is saying the banks are to refrain from using the American dollar but they can use the dinar and they can use international currencies outside of Iraq other than the dollar.
7-25-2023 Newshound Guru Pimpy Article: "Iraqi Dinar retreats on 14 banks' sanctions" Most of the news today is pertaining around the exchange rate. We know there's a problem. I spoke about this before. I was a little concerned about what would happen between Iraq and the United States once Iraq and Iran made their little deal to circumvent the US sanctions. We're starting to see what is happening. These sanctions on these banks are starting to affect the exchange rate.
7-25-2023 Newshound Guru Militia Man They've been having problems with the parallel market...but they're going to actually try to resolve it...Right now the dollar and dinar are being used in the country...multi-currency practices aren't supposed to happen. There's legitimate reasons for them to be able to use the dollar...the dinar is the currency of choice from the central bank. It's by law...
7-25-2023 Intel Guru MarkZ [via PDK] Rumors are all over the place right now…that today is going to be huge and tomorrow will be great…I am hearing a lot about the 27th for a few days now...rumors that people have money …I just have not seen that economic receipt yet. But, I am seeing a lot of people under an NDA or being effectively “hushed” right now. That makes me feel warm and fuzzy…
7-25-2023 Intel Guru Frank26 Articles Quote: "The parallel price means the exchange rate of the dollar in the market and exchange offices, and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." That rate is the goal of the CBI right now...They're telling the world, citizens, everybody, you that their official rate is 1132. Yet what you see on the CBI website is 1320. ...Why? Because they are trying to de-dollarize. Why? So they can bring in the new exchange rate with the new currency and new value. Why? Because that is the only way Iraq will be able to protect itself from...Iran that steals their money...
7-25-2023 Newshound/Intel Guru Mnt Goat On Thursday, the Central Bank of Iraq issued instructions to all licensed banks and non-bank financial institutions not to deal in dollars with 14 of the Iraqi banks. I can see that if these illegal dollar cash transactions continue the CBI will close down these banks. It’s coming and this will help tremendously in bringing down and keeping down the value of the dollar against the dinar. This may be the last step in the banking sector that needs to be addressed. The diversification of banking practices to make profits with products outside of currency exchange spreads, will come naturally once the free market economy kicks in. The 3 year budget is now open and the money is being dispersed to the districts for projects.
7-25-2023 Intel Guru MarkZ [via PDK] From Iraq: “The crisis of the rise of the dollar returns to the fore…and an upcoming parliamentary procedure” We are starting to see this number…this parallel price of 1132 for the dinar against the dollar. It is not trending there yet but is part of what they have been doing the last few days...They are doing this in articles all the time. They list the rate one way…then in the same article its listed another. The important part is they are trying to get to the parallel rate. I have been told repeatedly that when they do they are ready for the big rate change. At least this is progress...This thing is going to take however long it’s going to take whether we like it or not...It’s going to happen guys.
7-24-2023 Intel Guru Frank26 I said before they make a grand move there's probably going to be about 3 more rate changes...It was 1460. Then it went to 1320. Then it went to 1300. It's been at 1132...in 2nd set of books, behind closed doors, contracts, whatever you want to say. These exchange rates are being presented by the Central Bank of Iraq as official rates...1460 to 1320 to 1300 to 1132 - I wonder if the next rate change they show you will be 1100 or 1000 that I'm looking for.
7-24-2023 Newshound Guru Militia Man We're waiting to see what happens and ultimately the goal is the 2023, 24, 25 budget. We've talked about is all about going to a market economy and ...[Al-Sudani] confirms Article Quote: "The development Road Project will turn Iraq into a country that is open to the world". Almost sounds like an announcement, 'We're going International.' The prime minister says that. ...when we see these things coming from the Prime Minister it's massive.
7-24-2023 Newshound Guru Kaperoni World Trade Organization - If you're going to buy and sell or import or export merchandise around the world you have to trade in your currency. That can't happen unless your banking system is in compliance and other banks respect their ability to perform those transactions.
7-24-2023 Newshound Guru Sandy Ingram What is holding up the revalue? ...Before the IMF will sign off or support a change in the currency's value, Iraq needs more reliable income income streams outside of the oil industry.
7-24-2023 Intel Guru Frank26 Article: "A parliamentary committee is awaiting a meeting with the President of the Kurdistan Region regarding the oil and gas law, which the Sudanese insist on approving". THE HCL EQUALS A NEW EXCHANGE RATE & EVERYTHING IS WAITING FOR THE NEW EXCHANGE RATE.
7-24-2023 Newshound Guru Militia Man The banks need to attract real capital. If they can't do that they're not going to be able to employ out into the new economic world. The Central bank is tightening up...There is a large difference between the official rate and what's on the parallel market. It's because the parallel market is illegal. They're going to to curb it and it's going to go away. I think the quickest way for them to do that is to change the value of their exchange rate and move forward into an international world market economy.
7-24-2023 Intel Guru MarkZ [via PDK] It was fairly quiet over the weekend. Finally got a message yesterday from a redemption contact that just said “working today” and nothing else. Are they preparing for us or just doing stuff for wealth management? I know in some locations they are setting things up after construction with cubicles...that I find interesting... I’m sure you guys have seen that all over the news, on facebook etc…that many banks are switching to more “wealth management” services.
7-24-2023 Newshound Guru Clare Article "The Baghdad and Erbil stock exchanges closed at a new high in dollar prices" Quote: "News agency reporter said that the dollar prices rose with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, to record 153,700 Iraqi dinars against 100 dollars, while the prices this morning were 151,650 dinars against 100 dollars." [NOTE: The dinar number going UP in this instance is bad for dinar holders.]
7-24-2023 Newshound Guru Samson Article: "Baghdad The exchange rates of the dollar against the dinar rose to unprecedented levels for months..." The dollar is "losing its mind" and is accelerating upward. Customers of "banned banks" flock to the parallel market...
7-24-2023 Intel Guru Bruce [via WiserNow] ...the funds that are moving for us...are in place at the banks. They did disseminate the funds from Treasury to have them available for us to go in for exchanges...our understanding is that everything, as far as we know is ready... rates are going up. We did get an update...and the rates are the least of your worries. Don't worry about it. They're gonna be fine...
7-24-2023 Newshound Guru Militia Man We're waiting to see what happens and ultimately the goal is the 2023, 24, 25 budget. We've talked about is all about going to a market economy and ...[Al-Sudani] confirms Article Quote: "The development Road Project will turn Iraq into a country that is open to the world". Almost sounds like an announcement, 'We're going International.' The prime minister says that. ...when we see these things coming from the Prime Minister it's massive.
7-24-2023 Newshound Guru Kaperoni World Trade Organization - If you're going to buy and sell or import or export merchandise around the world you have to trade in your currency. That can't happen unless your banking system is in compliance and other banks respect their ability to perform those transactions.
7-24-2023 Newshound Guru Sandy Ingram What is holding up the revalue? ...Before the IMF will sign off or support a change in the currency's value, Iraq needs more reliable income income streams outside of the oil industry.
7-24-2023 Intel Guru Frank26 Article: "A parliamentary committee is awaiting a meeting with the President of the Kurdistan Region regarding the oil and gas law, which the Sudanese insist on approving". THE HCL EQUALS A NEW EXCHANGE RATE & EVERYTHING IS WAITING FOR THE NEW EXCHANGE RATE.
7-24-2023 Newshound Guru Militia Man The banks need to attract real capital. If they can't do that they're not going to be able to employ out into the new economic world. The Central bank is tightening up...There is a large difference between the official rate and what's on the parallel market. It's because the parallel market is illegal. They're going to to curb it and it's going to go away. I think the quickest way for them to do that is to change the value of their exchange rate and move forward into an international world market economy.
7-24-2023 Intel Guru MarkZ [via PDK] It was fairly quiet over the weekend. Finally got a message yesterday from a redemption contact that just said “working today” and nothing else. Are they preparing for us or just doing stuff for wealth management? I know in some locations they are setting things up after construction with cubicles...that I find interesting... I’m sure you guys have seen that all over the news, on facebook etc…that many banks are switching to more “wealth management” services.
7-24-2023 Newshound Guru Clare Article "The Baghdad and Erbil stock exchanges closed at a new high in dollar prices" Quote: "News agency reporter said that the dollar prices rose with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, to record 153,700 Iraqi dinars against 100 dollars, while the prices this morning were 151,650 dinars against 100 dollars." [NOTE: The dinar number going UP in this instance is bad for dinar holders.]
7-24-2023 Newshound Guru Samson Article: "Baghdad The exchange rates of the dollar against the dinar rose to unprecedented levels for months..." The dollar is "losing its mind" and is accelerating upward. Customers of "banned banks" flock to the parallel market...
7-24-2023 Intel Guru Bruce [via WiserNow] ...the funds that are moving for us...are in place at the banks. They did disseminate the funds from Treasury to have them available for us to go in for exchanges...our understanding is that everything, as far as we know is ready... rates are going up. We did get an update...and the rates are the least of your worries. Don't worry about it. They're gonna be fine...
7-23-2023 Newshound Guru Militia Man Do we believe they're gonna fund projects at 1310 to 1300 or even 1320? Absolutely not. I don't think anybody believes that because the math doesn't work.
7-23-2023 Intel Guru Frank26 When the dollar rate goes down the dinar automatically goes up. It's reciprocal. It's the opposite. It's a teeter...totter. It's equilibrium to balance things out...
7-23-2023 Newshound Guru Kaperoni Until Iraq diversifies their economy, gets away from oil dependence, becomes an exporting country, nothing is going to happen with the dinar. But they now have a 3-year window to accomplish this. So we watch and wait.
7-23-2023 Newshound Guru Militia Man Article: "Prime Minister Mohamed Shia Al-Sudani confirmed on Saturday that the development road project will turn Iraq into a country open to the world." It sure looks like the the PM is set to take Iraq into the international world of business and commerce. The "Development Road Project" is no small task. It is going the be a regional and global issue from here on out...
7-23-2023 Guru Nader From The Mid East We're going to be the first one in the world/biggest seller in the world of oil. We can tell you we're gonna own the most gold. We can tell you we're gonna own the most reserve...It's true but the true story is are we sovereign yet? We are not. You know what you do? You gotta ask your government to give us our sovereignty 100% and you'll see things will change any minute.
7-23-2023 Newshound Guru Walkingstick The HCL is a number of laws within a law...there are many parts and they all equal a new exchange rate. The new exchange rate is the reason for the proper distribution of the proceeds to the citizens from the HCL rights. The distribution of the HCL is a line item. The New exchange rate is a line item...
7-23-2023 Newshound Guru Militia Man Allocations and budgets, they go first. A new exchange rate goes second. It can be within a very short period of time.
7-23-2023 Newshound Guru Clare Article: "Al-Sudani: We are in the process of preparing the second round of urban projects and preparing them for investment" Quote: "The development path project will transform Iraq into a country open to the world..."
7-23-2023 Intel Guru Frank26 Back in October of last year I said there would be IMO possibly 3 rate changes. I don't know what they're doing but they're pairing the Iraqi dinar with many currencies around the world and that pairing is bringing the Iraqi dinar on an international stage, not fully accepted yet, but greatly appreciated...
7-23-2023 Newshound/Intel Guru RVAlready IMO we now wait on one guy, Alaq, at the CBI. This is in his hands now...the RV is completely his responsibility...The RV in Iraq does not require anything. Alaq revalues the Dinar and releases the lower denoms. Nothing to do with the budget...I think we will see this very soon. I think everyone wants the RV before Aug 1. Most folks think this weekend.
7-23-2023 Intel Guru Frank26 When the dollar rate goes down the dinar automatically goes up. It's reciprocal. It's the opposite. It's a teeter...totter. It's equilibrium to balance things out...
7-23-2023 Newshound Guru Kaperoni Until Iraq diversifies their economy, gets away from oil dependence, becomes an exporting country, nothing is going to happen with the dinar. But they now have a 3-year window to accomplish this. So we watch and wait.
7-23-2023 Newshound Guru Militia Man Article: "Prime Minister Mohamed Shia Al-Sudani confirmed on Saturday that the development road project will turn Iraq into a country open to the world." It sure looks like the the PM is set to take Iraq into the international world of business and commerce. The "Development Road Project" is no small task. It is going the be a regional and global issue from here on out...
7-23-2023 Guru Nader From The Mid East We're going to be the first one in the world/biggest seller in the world of oil. We can tell you we're gonna own the most gold. We can tell you we're gonna own the most reserve...It's true but the true story is are we sovereign yet? We are not. You know what you do? You gotta ask your government to give us our sovereignty 100% and you'll see things will change any minute.
7-23-2023 Newshound Guru Walkingstick The HCL is a number of laws within a law...there are many parts and they all equal a new exchange rate. The new exchange rate is the reason for the proper distribution of the proceeds to the citizens from the HCL rights. The distribution of the HCL is a line item. The New exchange rate is a line item...
7-23-2023 Newshound Guru Militia Man Allocations and budgets, they go first. A new exchange rate goes second. It can be within a very short period of time.
7-23-2023 Newshound Guru Clare Article: "Al-Sudani: We are in the process of preparing the second round of urban projects and preparing them for investment" Quote: "The development path project will transform Iraq into a country open to the world..."
7-23-2023 Intel Guru Frank26 Back in October of last year I said there would be IMO possibly 3 rate changes. I don't know what they're doing but they're pairing the Iraqi dinar with many currencies around the world and that pairing is bringing the Iraqi dinar on an international stage, not fully accepted yet, but greatly appreciated...
7-23-2023 Newshound/Intel Guru RVAlready IMO we now wait on one guy, Alaq, at the CBI. This is in his hands now...the RV is completely his responsibility...The RV in Iraq does not require anything. Alaq revalues the Dinar and releases the lower denoms. Nothing to do with the budget...I think we will see this very soon. I think everyone wants the RV before Aug 1. Most folks think this weekend.
7-22-2023 Intel Guru Frank26 The new exchange rate and the budget will probably come out together.
7-22-2023 Newshound Guru Kaperoni Can the Iraqi dinar go up in value? Of course it can but it will never go up significantly overnight. If they decide to raise it, it will go up gradually over months and years. Iraq could never handle an overnight RV not to mention the expense.
7-22-2023 Intel Guru MarkZ Rumor...from someone on the street that it is accurate...we heard that the rate changed from 1 - 1300 to 1-1132. That's a massive change, especially since we've been told for about 6 months to expect one more rate change for de-dollarization and then "BAM" we get the big one. So, it appears that they have made that move...the CBI is still showing 1300 so that's the part that has me confused right now...I will look for the concrete proof of that. [NOTE: You can always see the latest official CBI exchange rate in the left column of this page.]
7-22-2023 Newshound/Intel Guru Walkingstick Things are happening. Interesting enough they are not putting out articles fast enough. There's things...that are not even in articles that are rather important...
7-22-2023 Intel Guru Frank26 Article: "Al-Tamimi: The oil and gas law needs to include the decisions of the Federal Court" THE HCL IS THE KEY TO THE NEW EXCHANGE RATE & TO THE 2023 BUDGET.
7-22-2023 Guru Nader From The Mid East All the banks of Iraq demands strength of the dinar against the dollar.
7-22-2023 Newshound Guru Pimpy I know there's a lot of chitter-chatter going on about all the things that are going on with the Iraq bank. I get it. I understand that. But just understand there's changes happening that Iraq wants to do more to make sure funds are available for projects...personal loans....for people who want to start businesses. This all helps the Iraqi economy grow. Doesn't mean much at the moment. It depends on how many people come in and are successful with taking out a loan and being able to do something with the money they take out.
7-22-2023 Newshound Guru Clare Article: "The crisis of the rise of the dollar returns to the fore... and an upcoming parliamentary procedure" Quote "The Parliamentary Finance Committee confirmed, on Friday, its intention to host the Governor of the Central Bank and the Minister of Finance during the next week, to find out the reasons for not controlling the parallel exchange rate."
7-22-2023 Intel Guru Frank26 Article Quote: "The parallel price means the exchange rate of the dollar in the market...and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." What...when? They don't have to tell you when. They don't have to tell you
nothing. But all of a sudden...this exchange rate comes out of nowhere like Godzilla coming out of the ocean and surprising with a big roar, 'Our official exchange rate is 1132.' No it's not. You've been telling everybody it's 1320...If you remember, I told you I was hoping they would get this down to 1100 or to around 1000. In that way we can just drop the zeros and we're at 1 to 1.
7-22-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S NEED TO LEGISLATE IMPORTANT LAWS, INCLUDING THE OIL AND GAS LAW TO
COMPLETE THE BUDGET" The oil and gas law compliments the new budget, Article 140 compliments the oil and gas law. Get it? They are all hard to separate and are connected.
7-22-2023 Newshound Guru Militia Man [via PDK] There are...things we are hoping to see in the next short period of time. ...I am looking to see the 2023, 24, 25 budget allocations …they need to start spending money on projects. We will hopefully see things come to fruition in a short period of time. We are in a fascinating time frame... everyone and their brother are chomping at the bit to have a previous era exchange rate that’s internationally accepted to do business with in the region…everyone is coming to Iraq. These are exciting times and I am feeling very upbeat.
7-22-2023 Newshound Guru Kaperoni Can the Iraqi dinar go up in value? Of course it can but it will never go up significantly overnight. If they decide to raise it, it will go up gradually over months and years. Iraq could never handle an overnight RV not to mention the expense.
7-22-2023 Intel Guru MarkZ Rumor...from someone on the street that it is accurate...we heard that the rate changed from 1 - 1300 to 1-1132. That's a massive change, especially since we've been told for about 6 months to expect one more rate change for de-dollarization and then "BAM" we get the big one. So, it appears that they have made that move...the CBI is still showing 1300 so that's the part that has me confused right now...I will look for the concrete proof of that. [NOTE: You can always see the latest official CBI exchange rate in the left column of this page.]
7-22-2023 Newshound/Intel Guru Walkingstick Things are happening. Interesting enough they are not putting out articles fast enough. There's things...that are not even in articles that are rather important...
7-22-2023 Intel Guru Frank26 Article: "Al-Tamimi: The oil and gas law needs to include the decisions of the Federal Court" THE HCL IS THE KEY TO THE NEW EXCHANGE RATE & TO THE 2023 BUDGET.
7-22-2023 Guru Nader From The Mid East All the banks of Iraq demands strength of the dinar against the dollar.
7-22-2023 Newshound Guru Pimpy I know there's a lot of chitter-chatter going on about all the things that are going on with the Iraq bank. I get it. I understand that. But just understand there's changes happening that Iraq wants to do more to make sure funds are available for projects...personal loans....for people who want to start businesses. This all helps the Iraqi economy grow. Doesn't mean much at the moment. It depends on how many people come in and are successful with taking out a loan and being able to do something with the money they take out.
7-22-2023 Newshound Guru Clare Article: "The crisis of the rise of the dollar returns to the fore... and an upcoming parliamentary procedure" Quote "The Parliamentary Finance Committee confirmed, on Friday, its intention to host the Governor of the Central Bank and the Minister of Finance during the next week, to find out the reasons for not controlling the parallel exchange rate."
7-22-2023 Intel Guru Frank26 Article Quote: "The parallel price means the exchange rate of the dollar in the market...and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." What...when? They don't have to tell you when. They don't have to tell you
nothing. But all of a sudden...this exchange rate comes out of nowhere like Godzilla coming out of the ocean and surprising with a big roar, 'Our official exchange rate is 1132.' No it's not. You've been telling everybody it's 1320...If you remember, I told you I was hoping they would get this down to 1100 or to around 1000. In that way we can just drop the zeros and we're at 1 to 1.
7-22-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S NEED TO LEGISLATE IMPORTANT LAWS, INCLUDING THE OIL AND GAS LAW TO
COMPLETE THE BUDGET" The oil and gas law compliments the new budget, Article 140 compliments the oil and gas law. Get it? They are all hard to separate and are connected.
7-22-2023 Newshound Guru Militia Man [via PDK] There are...things we are hoping to see in the next short period of time. ...I am looking to see the 2023, 24, 25 budget allocations …they need to start spending money on projects. We will hopefully see things come to fruition in a short period of time. We are in a fascinating time frame... everyone and their brother are chomping at the bit to have a previous era exchange rate that’s internationally accepted to do business with in the region…everyone is coming to Iraq. These are exciting times and I am feeling very upbeat.
7-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq is on the verge of urban renaissance upon implantation of the budget. This is on our news. FRANK: You think a program rate...a sanctioned toilet paper valued program rate currency is going to take them into the renaissance? I mean how many ways can Sudani encourage the citizens of Iraq, 'It's coming.'
7-21-2023 Newshound/Intel Guru Walkingstick Iraq has a tendency to get in its own way. That's a fact of Iraq life, of the Middle East life. But the reforms point only one way - a new exchange rate because everything waits for a new exchange rate. It's that simple.
7-21-2023 Newshound Guru Militia Man [via PDK] They (Iraq) need to expose some things to us and this exposure could happen as early as tomorrow or Sunday or Monday. They have work to do and contracts to deal with. People need to get paid so they are going to have to show their cards. Basically that is where they are at I believe the short term looks better than the long term right now.
7-21-2023 Newshound/Intel Guru Mnt Goat I know we are right at the cusps of this event happening. I know for a fact that Iraq is now a full member of the WTO yet they hold back the news and officially announcing it. Why? Could it be they want Iraq to coordinate this event with the reinstatement of the dinar?
7-21-2023 Intel Guru Bruce [via WiserNow] We've been told that the redemption centers are now on high alert as of ...Friday. And the information we have from another source directly connected to the process is that we should be there for our notifications...Friday, Saturday or Sunday. We could get notified anytime within that period...Let's see what happens with this window.
7-21-2023 Newshound Guru Paulette After the budget posts in the Gazette and therefore becomes law, it goes to the MOF to prepare it for disbursements ...This often takes as much as 30 days. This is clearly the period we are currently in and is the NORMAL process. Technically, the PM never gets the budget after the President signs it except for review of what Parliament did to the COM's budget. His MOF has it now in conjunction with the MOP...Personally, I hope we at least see the restructure of the currency prior to budget disbursements so everyday that there are no disbursements if there is no rate change, I am happy...
7-21-2023 Newshound Guru Kaperoni Whose fault is it that it's taking years? It's Iraq's of course! They are unwilling to conform to International standards and are trying to take shortcuts. Until they follow the rules and begin to diversify, nothing will ever happen...There are no shortcuts.
7-21-2023 Intel Guru MarkZ [via PDK] Most of my contacts have just gone dark ... I still think things are exceptionally positive. I am trying to make myself stay calm during this process. Just buckle up and stay ready. Start getting your ducks in a row with preparations.
7-21-2023 Newshound Guru Sandy Ingram If Iran were to sway Iraq to go against their signed agreement with the Untied States, both Iran and Iraq could end up under sanctions. This would mean Iraq would no longer be able to secretly help Iran to stay afloat. Everybody knows Iraq is helping their neighbors, it's how they help them that matters. No US dollars.
7-21-2023 Newshound Guru Pimpy Article: "With names...America imposes sanctions on 14 Iraqi banks over dollar transactions with Iraqi" It looks like the very thing I was concerned about happening between the United States and Iraq is starting to happen just like I thought. As soon as the Iran-Iraq deal came out it was just a matter of time before the United States came back with some excuse to start screwing with Iraq...
7-21-2023 Newshound Guru Militia Man We've been waiting for and are still waiting for the 2023-2024 budget to have allocations to pay for things and to get projects started...we have to see if Sunday is one of those days that subsequently presents itself for them to expose things/roll out process.
7-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying the oil and gas law need to include the decision of the federal court. FRANK: There it is again. Notice that the HCL is the key to the budget. Notice that the budget is the key to the new exchange rate. It is also the key for Iraq to stop depending on other countries for energy...
7-21-2023 Intel Guru MarkZ [via PDK] I keep hearing rumors that whales have money. I have great whale contacts- phenomenal whale contacts in Reno, Miami, Shanghai and Hong Kong and Zurich. And I cannot find a single one that has spendable dollars. Quite a few of them talk about having money in their accounts but they can’t get to it. Its on hold. But are they very hopeful they will soon see a release of it- yes. But they just have not seen it yet.
7-21-2023 Newshound/Intel Guru Walkingstick Iraq has a tendency to get in its own way. That's a fact of Iraq life, of the Middle East life. But the reforms point only one way - a new exchange rate because everything waits for a new exchange rate. It's that simple.
7-21-2023 Newshound Guru Militia Man [via PDK] They (Iraq) need to expose some things to us and this exposure could happen as early as tomorrow or Sunday or Monday. They have work to do and contracts to deal with. People need to get paid so they are going to have to show their cards. Basically that is where they are at I believe the short term looks better than the long term right now.
7-21-2023 Newshound/Intel Guru Mnt Goat I know we are right at the cusps of this event happening. I know for a fact that Iraq is now a full member of the WTO yet they hold back the news and officially announcing it. Why? Could it be they want Iraq to coordinate this event with the reinstatement of the dinar?
7-21-2023 Intel Guru Bruce [via WiserNow] We've been told that the redemption centers are now on high alert as of ...Friday. And the information we have from another source directly connected to the process is that we should be there for our notifications...Friday, Saturday or Sunday. We could get notified anytime within that period...Let's see what happens with this window.
7-21-2023 Newshound Guru Paulette After the budget posts in the Gazette and therefore becomes law, it goes to the MOF to prepare it for disbursements ...This often takes as much as 30 days. This is clearly the period we are currently in and is the NORMAL process. Technically, the PM never gets the budget after the President signs it except for review of what Parliament did to the COM's budget. His MOF has it now in conjunction with the MOP...Personally, I hope we at least see the restructure of the currency prior to budget disbursements so everyday that there are no disbursements if there is no rate change, I am happy...
7-21-2023 Newshound Guru Kaperoni Whose fault is it that it's taking years? It's Iraq's of course! They are unwilling to conform to International standards and are trying to take shortcuts. Until they follow the rules and begin to diversify, nothing will ever happen...There are no shortcuts.
7-21-2023 Intel Guru MarkZ [via PDK] Most of my contacts have just gone dark ... I still think things are exceptionally positive. I am trying to make myself stay calm during this process. Just buckle up and stay ready. Start getting your ducks in a row with preparations.
7-21-2023 Newshound Guru Sandy Ingram If Iran were to sway Iraq to go against their signed agreement with the Untied States, both Iran and Iraq could end up under sanctions. This would mean Iraq would no longer be able to secretly help Iran to stay afloat. Everybody knows Iraq is helping their neighbors, it's how they help them that matters. No US dollars.
7-21-2023 Newshound Guru Pimpy Article: "With names...America imposes sanctions on 14 Iraqi banks over dollar transactions with Iraqi" It looks like the very thing I was concerned about happening between the United States and Iraq is starting to happen just like I thought. As soon as the Iran-Iraq deal came out it was just a matter of time before the United States came back with some excuse to start screwing with Iraq...
7-21-2023 Newshound Guru Militia Man We've been waiting for and are still waiting for the 2023-2024 budget to have allocations to pay for things and to get projects started...we have to see if Sunday is one of those days that subsequently presents itself for them to expose things/roll out process.
7-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying the oil and gas law need to include the decision of the federal court. FRANK: There it is again. Notice that the HCL is the key to the budget. Notice that the budget is the key to the new exchange rate. It is also the key for Iraq to stop depending on other countries for energy...
7-21-2023 Intel Guru MarkZ [via PDK] I keep hearing rumors that whales have money. I have great whale contacts- phenomenal whale contacts in Reno, Miami, Shanghai and Hong Kong and Zurich. And I cannot find a single one that has spendable dollars. Quite a few of them talk about having money in their accounts but they can’t get to it. Its on hold. But are they very hopeful they will soon see a release of it- yes. But they just have not seen it yet.
7-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are rather anxious. There are many folks here in the streets that are talking about the dinar. We were told that the Iraqi dinar would be stronger than the dollar and yet it has not happened yet. The Financial Committee of parliament is calling in the CBI governor Allaq to question him about it asking him why hasn't there been a change in the exchange rate of our currency...that are asking the governor of the Central Bank of Iraq to make the dinar stronger than the dollar as quickly as possible...
7-20-2023 Newshound Guru Kaperoni According to docs, I will tell you Iraq 's net worth including all minerals, oil in the ground is around $16 trillion dollars. With over 80 trillion dinar in circulation, there could never be a significant RV.
7-20-2023 Newshound Guru Enorrste We're hopeful the securities law will get passed within a month or two. That allows for the stock exchange in Iraq to grow. At this point it's minuscule...
7-20-2023 Newshound Guru Pimpy There's more than just oil in Iraq. Once the waters in the Euphrates River started to go down not only did they find a city down there that's 3600 years old that's biblical but they kept finding gold on the surface...right out there in the open...
7-20-2023 Guest Guru Suzie If there IS outside interference such as from the US that tells me Iraq isn't "sovereign" yet and with the exchange rates of dollar and dinar going up again....who knows? Until they iron out the HCL and finalize it and have FULL clearance from the IMF I think we're waiting for awhile yet...
7-20-2023 Newshound Guru Clare Article: "With names.. America imposes sanctions on 14 Iraqi banks for dealings with Iran in dollars" Quote: "A senior US official told the newspaper...The main danger of sanctions in Iraq is definitely related to Iran,"
7-20-2023 Intel Guru MarkZ [via PDK] We have heard the HCL is a big key piece and they are acting like its already done over there... I continue to hear everything is ready and prepared and they just need to decide when to pull the trigger.
7-20-2023 Newshound/Intel Guru BGG [reference Guru Pimpy's post dated 7-17-2023] Personally, I think it would be the best thing in the world for the Dinar Investor if they did join some “Brics type” union APART from the US. They could even be a reserve currency (since their oil would be bought and sold in Dinar)… meaning the currency you hold would be vastly more valuable. Forget what the US thinks…
7-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friends says the key to everything that we're looking for is within the oil and gas because we all know here in Iraq that when they present to us the oil and gas law it will be with a new rate because how are you gonna decide to divide up what everybody gets if you don't know what the rate is? FRANK: The key to everything is in that HCL, that's in the budget, that is waiting for the new exchange rate...
7-20-2023 Intel Guru Bruce [via WiserNow] Regarding windows when would it start? ...all the bankers, all the heads of banks have been contacted. This is to go and to let their people know, it's real and it's starting. And we're underway. ...So I'm excited about where we stand right now, you guys. I think this is the closest we've ever been to having it actually manifest. And I'm excited about that.
7-20-2023 Newshound Guru Kaperoni According to docs, I will tell you Iraq 's net worth including all minerals, oil in the ground is around $16 trillion dollars. With over 80 trillion dinar in circulation, there could never be a significant RV.
7-20-2023 Newshound Guru Enorrste We're hopeful the securities law will get passed within a month or two. That allows for the stock exchange in Iraq to grow. At this point it's minuscule...
7-20-2023 Newshound Guru Pimpy There's more than just oil in Iraq. Once the waters in the Euphrates River started to go down not only did they find a city down there that's 3600 years old that's biblical but they kept finding gold on the surface...right out there in the open...
7-20-2023 Guest Guru Suzie If there IS outside interference such as from the US that tells me Iraq isn't "sovereign" yet and with the exchange rates of dollar and dinar going up again....who knows? Until they iron out the HCL and finalize it and have FULL clearance from the IMF I think we're waiting for awhile yet...
7-20-2023 Newshound Guru Clare Article: "With names.. America imposes sanctions on 14 Iraqi banks for dealings with Iran in dollars" Quote: "A senior US official told the newspaper...The main danger of sanctions in Iraq is definitely related to Iran,"
7-20-2023 Intel Guru MarkZ [via PDK] We have heard the HCL is a big key piece and they are acting like its already done over there... I continue to hear everything is ready and prepared and they just need to decide when to pull the trigger.
7-20-2023 Newshound/Intel Guru BGG [reference Guru Pimpy's post dated 7-17-2023] Personally, I think it would be the best thing in the world for the Dinar Investor if they did join some “Brics type” union APART from the US. They could even be a reserve currency (since their oil would be bought and sold in Dinar)… meaning the currency you hold would be vastly more valuable. Forget what the US thinks…
7-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friends says the key to everything that we're looking for is within the oil and gas because we all know here in Iraq that when they present to us the oil and gas law it will be with a new rate because how are you gonna decide to divide up what everybody gets if you don't know what the rate is? FRANK: The key to everything is in that HCL, that's in the budget, that is waiting for the new exchange rate...
7-20-2023 Intel Guru Bruce [via WiserNow] Regarding windows when would it start? ...all the bankers, all the heads of banks have been contacted. This is to go and to let their people know, it's real and it's starting. And we're underway. ...So I'm excited about where we stand right now, you guys. I think this is the closest we've ever been to having it actually manifest. And I'm excited about that.
7-19-2023 Newshound Guru Pimpy Article: "Washington extends Iraq's exemption by paying the cost of electricity to Iran for four new months" All of a sudden the Untied States wants to play nice.
7-19-2023 Intel Guru Frank26 Iraq is a virgin to the international world community...The California rush will look like a sneeze compared to what Sudani is doing for the Iraqis, to go 100% independent and international. Therefore every opportunity to make money will and is flooding [Iraq] even prematurely...
7-19-2023 Intel Guru MarkZ [via PDK] Iraqi contacts are still very hopeful for today or tomorrow. This is based on what they are hearing on the ground-in Iraq… not what I am saying...I don’t know if they will see it or not...Stay calm. Rumors will continue until “BAM” and its suddenly here. It could be at any hour or still a day or two away. We just don’t know yet.
7-19-2023 Newshound Guru Kaperoni Creating such a private sector will allow them to not only begin to diversify away from oil and create their own manufacturing, tourism, agriculture, etc. They can begin to export goods so they are not dependent on Imports. As a result of that success and growth, Iraq's will create pressure internally on their own financial system often known as inflation. The result will allow the central bank to float their currency. The result will allow supply and demand to raise the value. [Post 2 of 2]
7-19-2023 Newshound Guru Kaperoni In order for the dinar to go up in value several things must be done first. They must pass over a 100 stalled laws that affect their economy. These laws have been outstanding for several years. Iraq must encourage foreign investment to diversify away from oil dependence. Currently they are well over 90% dependent on oil production and export. Diversification in creating a private sector will allow the government to transfer the workforce from state to the private sector. [Post 1 of 2....stay tuned]
7-19-2023 Intel Guru Bruce [via WiserNow] So first of all, yours truly was awakened at 7:02 this morning [Tuesday]...I was given some information that led me to believe I might just get something delivered, which would have the toll free numbers. ...Now...I don't know when I'm gonna get delivery, but I know it's pretty quickly here pretty soon...
7-19-2023 Newshound Guru Clare Article: "The President of the Republic: Iraq is on the verge of an urban renaissance after approving the budget"
7-19-2023 Newshound Guru Militia Man The advisor to the prime minister says we received requests from countries from three continents to do business. Did we ever see that before? No we have never seen it before.
7-19-2023 Intel Guru MarkZ [via PDK] There are rumors all over the place and even the whales are hearing rumors that other whales now have free moving money. They are hearing the same rumors that are now all over... I just cannot substantiate the rumors with anyone I know in real life. So I will leave this in the “Hopeful rumor “ list for now...in Iraq there is a lot of anticipation for late in their business day today. This is from a finance minister connection in the banking world over there. We will see if it pans out.
7-19-2023 Newshound Guru Pimpy The budget is about to be implemented. There is a high amount of priority in regards to the private sector and growing it which is what we want to hear.
7-19-2023 Newshound Guru Petra I am sure there are folks who don’t want this to happen. Fortunately, there are a lot more powerful and influential people who want this to go…like 44 million Iraqi’s who have been promised more PP and a new rate! And there are many “influential and powerful” people in Iraq that are mad that this has “not” occurred!
7-19-2023 Intel Guru Frank26 Iraq has the materials to build their economy/ monetary structure, to reform their financial structure...Not only to do it once but IMO 100 times over and still have leftover. They are so incredibly rich...It's not a secret anymore. Everybody knows. The whole world is pouring into Iraq. That's going to equal an explosion in their reforms. We're only waiting for one thing. That's why they're getting ready for that new exchange rate to be released.
7-19-2023 Intel Guru MarkZ [via PDK] Question: What are your redemption contacts saying about timing? MarkZ Answer: They are not. As of yesterday morning I have been unable to reach them. 2 contacts in 2 states have me hitting a brick wall. Personally I think its great news that I cannot reach them.
7-19-2023 Intel Guru Frank26 Iraq is a virgin to the international world community...The California rush will look like a sneeze compared to what Sudani is doing for the Iraqis, to go 100% independent and international. Therefore every opportunity to make money will and is flooding [Iraq] even prematurely...
7-19-2023 Intel Guru MarkZ [via PDK] Iraqi contacts are still very hopeful for today or tomorrow. This is based on what they are hearing on the ground-in Iraq… not what I am saying...I don’t know if they will see it or not...Stay calm. Rumors will continue until “BAM” and its suddenly here. It could be at any hour or still a day or two away. We just don’t know yet.
7-19-2023 Newshound Guru Kaperoni Creating such a private sector will allow them to not only begin to diversify away from oil and create their own manufacturing, tourism, agriculture, etc. They can begin to export goods so they are not dependent on Imports. As a result of that success and growth, Iraq's will create pressure internally on their own financial system often known as inflation. The result will allow the central bank to float their currency. The result will allow supply and demand to raise the value. [Post 2 of 2]
7-19-2023 Newshound Guru Kaperoni In order for the dinar to go up in value several things must be done first. They must pass over a 100 stalled laws that affect their economy. These laws have been outstanding for several years. Iraq must encourage foreign investment to diversify away from oil dependence. Currently they are well over 90% dependent on oil production and export. Diversification in creating a private sector will allow the government to transfer the workforce from state to the private sector. [Post 1 of 2....stay tuned]
7-19-2023 Intel Guru Bruce [via WiserNow] So first of all, yours truly was awakened at 7:02 this morning [Tuesday]...I was given some information that led me to believe I might just get something delivered, which would have the toll free numbers. ...Now...I don't know when I'm gonna get delivery, but I know it's pretty quickly here pretty soon...
7-19-2023 Newshound Guru Clare Article: "The President of the Republic: Iraq is on the verge of an urban renaissance after approving the budget"
7-19-2023 Newshound Guru Militia Man The advisor to the prime minister says we received requests from countries from three continents to do business. Did we ever see that before? No we have never seen it before.
7-19-2023 Intel Guru MarkZ [via PDK] There are rumors all over the place and even the whales are hearing rumors that other whales now have free moving money. They are hearing the same rumors that are now all over... I just cannot substantiate the rumors with anyone I know in real life. So I will leave this in the “Hopeful rumor “ list for now...in Iraq there is a lot of anticipation for late in their business day today. This is from a finance minister connection in the banking world over there. We will see if it pans out.
7-19-2023 Newshound Guru Pimpy The budget is about to be implemented. There is a high amount of priority in regards to the private sector and growing it which is what we want to hear.
7-19-2023 Newshound Guru Petra I am sure there are folks who don’t want this to happen. Fortunately, there are a lot more powerful and influential people who want this to go…like 44 million Iraqi’s who have been promised more PP and a new rate! And there are many “influential and powerful” people in Iraq that are mad that this has “not” occurred!
7-19-2023 Intel Guru Frank26 Iraq has the materials to build their economy/ monetary structure, to reform their financial structure...Not only to do it once but IMO 100 times over and still have leftover. They are so incredibly rich...It's not a secret anymore. Everybody knows. The whole world is pouring into Iraq. That's going to equal an explosion in their reforms. We're only waiting for one thing. That's why they're getting ready for that new exchange rate to be released.
7-19-2023 Intel Guru MarkZ [via PDK] Question: What are your redemption contacts saying about timing? MarkZ Answer: They are not. As of yesterday morning I have been unable to reach them. 2 contacts in 2 states have me hitting a brick wall. Personally I think its great news that I cannot reach them.
7-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the CBI is on the ground working on banking reforms. FRANK: Banking reforms mean a new exchange rate and international currency and the removal of USD by de-pegging. And by de-pegging from the American dollar so they can pair with many other counties in an international basket that will float and add value to your currency. That's what what means.
7-18-2023 Newshound Guru Kaperoni They need to start implementing. They need to launch all of these plans. They need to...make changes to laws that are still outstanding that relate to the direct economy and growth of the economy. Everything is falling into line. It's very slow but it's falling into place.
7-18-2023 Newshound Guru Pimpy People are asking a lot of questions about Article 140... Article quote: "Article 140 lays down a clear road map to define the final boundaries of the territory to be administered by the Kurdistan Regional government." This was supposed to be resolved years ago. There really is no excuse...
7-18-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar soon. I will not give you a target date as I do not spread rumors. How can anyone not see that we are on the precipice of something huge? I mean really huge!!
7-18-2023 Newshound Guru Militia Man Article: "New details regarding the oil and gas law.. What is the position of Barzani's party?" If they have a purpose for the discussion to finalize the oil and gas law they'll need to know the value of the assets. That purpose is going to come from Al-Alag at some time. The likelihood of it coming sooner than later is in the cards...
7-18-2023 Newshound Guru Jeff Iraq cannot release the monies from any part of the current budget until the rate changes.
7-18-2023 Intel Guru MarkZ [via PDK] Most of my Iraqi sources are more excited about tomorrow or overnight tonight. But honestly we don’t know the timing yet...we are watching all the pieces come together. This long anticipated event is finally occurring right in front of us. As for the budget my sources say they are implementing it now. Money has started flowing and things have started happening. I am still looking for articles on this to come out of Iraq. It could be tomorrow before they are out. We are at a turning point...I believe the tide has turned.
7-18-2023 Newshound Guru Petra ...We do know that somebody dealing with the deployment of the new rate dropped the ball…hence the UST personnel being sent to Iraq to GET IT DONE! ...the game of chicken was lost when the “execution” of the rate and notes was not accomplished in the time frame Sadani wanted...
7-18-2023 Intel Guru Frank26 I know they were supposed to open the budget...with instruction and they did not. Once again I say who cares. We know the cha-cha-cha of this dance. The Middle East does not have a watch. They use a sundial and it just take a little longer to develop...
7-18-2023 Newshound Guru tlm724 Article: "Parliamentary Finance Hosts The Governor Of The Central Bank To Discuss The Exchange Rate Of The Dollar" Quote: "After approving the budget and fixing the exchange rate of the dollar at 1,320 dinars, there will be a hosting of the governor of the Central Bank and his advanced staff next week in the Finance Committee to discuss the issue of the exchange rate.” He added, “The committee will discuss with the governor about the bank’s plan. ” In maintaining the exchange rate.”
7-18-2023 Intel Guru MarkZ [via PDK] In Iraq: Listing shares on the Iraqi stock exchange… Iraq is pushing electronic companies to be on the stock exchange. Why is this important? Because it forces another level of transparency. They will be responsible to shareholders and shareholders will be able to see what they are doing…and that they are doing things honestly and legitimately. Imo this is pretty big news coming out of Iraq…and they are prepared for this. They have modernized banking and squashed corruption.
7-18-2023 Newshound Guru Kaperoni They need to start implementing. They need to launch all of these plans. They need to...make changes to laws that are still outstanding that relate to the direct economy and growth of the economy. Everything is falling into line. It's very slow but it's falling into place.
7-18-2023 Newshound Guru Pimpy People are asking a lot of questions about Article 140... Article quote: "Article 140 lays down a clear road map to define the final boundaries of the territory to be administered by the Kurdistan Regional government." This was supposed to be resolved years ago. There really is no excuse...
7-18-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar soon. I will not give you a target date as I do not spread rumors. How can anyone not see that we are on the precipice of something huge? I mean really huge!!
7-18-2023 Newshound Guru Militia Man Article: "New details regarding the oil and gas law.. What is the position of Barzani's party?" If they have a purpose for the discussion to finalize the oil and gas law they'll need to know the value of the assets. That purpose is going to come from Al-Alag at some time. The likelihood of it coming sooner than later is in the cards...
7-18-2023 Newshound Guru Jeff Iraq cannot release the monies from any part of the current budget until the rate changes.
7-18-2023 Intel Guru MarkZ [via PDK] Most of my Iraqi sources are more excited about tomorrow or overnight tonight. But honestly we don’t know the timing yet...we are watching all the pieces come together. This long anticipated event is finally occurring right in front of us. As for the budget my sources say they are implementing it now. Money has started flowing and things have started happening. I am still looking for articles on this to come out of Iraq. It could be tomorrow before they are out. We are at a turning point...I believe the tide has turned.
7-18-2023 Newshound Guru Petra ...We do know that somebody dealing with the deployment of the new rate dropped the ball…hence the UST personnel being sent to Iraq to GET IT DONE! ...the game of chicken was lost when the “execution” of the rate and notes was not accomplished in the time frame Sadani wanted...
7-18-2023 Intel Guru Frank26 I know they were supposed to open the budget...with instruction and they did not. Once again I say who cares. We know the cha-cha-cha of this dance. The Middle East does not have a watch. They use a sundial and it just take a little longer to develop...
7-18-2023 Newshound Guru tlm724 Article: "Parliamentary Finance Hosts The Governor Of The Central Bank To Discuss The Exchange Rate Of The Dollar" Quote: "After approving the budget and fixing the exchange rate of the dollar at 1,320 dinars, there will be a hosting of the governor of the Central Bank and his advanced staff next week in the Finance Committee to discuss the issue of the exchange rate.” He added, “The committee will discuss with the governor about the bank’s plan. ” In maintaining the exchange rate.”
7-18-2023 Intel Guru MarkZ [via PDK] In Iraq: Listing shares on the Iraqi stock exchange… Iraq is pushing electronic companies to be on the stock exchange. Why is this important? Because it forces another level of transparency. They will be responsible to shareholders and shareholders will be able to see what they are doing…and that they are doing things honestly and legitimately. Imo this is pretty big news coming out of Iraq…and they are prepared for this. They have modernized banking and squashed corruption.
7-17-2023 Newshound Guru Pimpy I know they have been approached by the BRICs but you're not going to see them go because the IQD and Iraq is still under sanction and restriction by the United States government. Not to mention we hold their gold and we hold their foreign asset reserve. So no they're not going make that move. I wouldn't worry about it, not at the moment...
7-17-2023 Newshound/Intel Guru Petra What is stopping them from moving forward? ...yes, the rate…AND...Sadani’s integrity with the people, as well as Alaq and his position as “independent” from the GOI...With the article indicating the Parliamentary Finance Committee recommending that the Budget to be released on the 18th is a “message” to Alaq to move on the rate!
7-17-2023 Intel Guru MarkZ [via PDK] ...My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today. And we will see those articles all over the papers tomorrow morning. He says this was an enormous, key piece that needed to be done before they could change the value. Overall still positive stuff. Nothing negative. I don’t have a great idea on timing but they still are looking between the 15th and the 18th…If this is accurate tomorrow should be a wham bam day...
7-17-2023 Newshound Guru Kaperoni Question: "US [IQD] paper holders should be able to exchange in the US for US$ at some point in the future?" The dinar is a currency of a country therefore it has monetary value that can be exchanged at any time at its current value. Any alternative process is unknown...
7-17-2023 Intel Guru Frank26 All we are looking for is when is it going to happen...I have no idea when it's going to happen but I've never seen it poised the way it is right now...
7-17-2023 Intel Guru Wolverine Guys we are closer than I can say at the moment. It is all confidential hush-hush things are quiet right now but everything is looking good. That’s all I can say.
7-17-2023 Newshound Guru Militia Man Iraq has been destroyed and war torn. They are going to need the IFC (International Financial Corporation)...Their main business is taking countries to the private sector. It's phenomenal. Anybody that says, 'This will never happen. Is not going to happen. It's a scam.' They're misled. That's all there is to it. This country is going international...
7-17-2023 Intel Guru MarkZ [via PDK] For the implementation of the budget…I am still waiting for an update out of Iraq. My last report on Saturday afternoon was they were expecting the “go” yesterday on the budget. It is already approved…just needs to be put into affect with all the money moving where it is supposed to. My finance contact over there thinks this is a serious key piece before they change the rate. So we are watching it. There is a lot of pressure from the Iraqi people on the government to release these budget funds……this is a good thing.
7-17-2023 Newshound Guru Jeff Everybody's...focusing on releasing of the the budget monies. They are under the assumption that releasing the budget monies brings forward the rate change. I'm sorry but it doesn't work that way. There's other steps that have to happen that introduces the rate change.
7-17-2023 Newshound Guru Pimpy Article: "Parliamentary Finance likely to launch budget funds after July 18" So here we are. We've passed the budget. It's made the Gazette and still they have not allocated out the money.
7-17-2023 Intel Guru Bruce [via WiserNow] ...we have information that says we are in a window... We've been told by some of our redemption center people that this could happen at any time...
7-17-2023 Newshound/Intel Guru Petra What is stopping them from moving forward? ...yes, the rate…AND...Sadani’s integrity with the people, as well as Alaq and his position as “independent” from the GOI...With the article indicating the Parliamentary Finance Committee recommending that the Budget to be released on the 18th is a “message” to Alaq to move on the rate!
7-17-2023 Intel Guru MarkZ [via PDK] ...My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today. And we will see those articles all over the papers tomorrow morning. He says this was an enormous, key piece that needed to be done before they could change the value. Overall still positive stuff. Nothing negative. I don’t have a great idea on timing but they still are looking between the 15th and the 18th…If this is accurate tomorrow should be a wham bam day...
7-17-2023 Newshound Guru Kaperoni Question: "US [IQD] paper holders should be able to exchange in the US for US$ at some point in the future?" The dinar is a currency of a country therefore it has monetary value that can be exchanged at any time at its current value. Any alternative process is unknown...
7-17-2023 Intel Guru Frank26 All we are looking for is when is it going to happen...I have no idea when it's going to happen but I've never seen it poised the way it is right now...
7-17-2023 Intel Guru Wolverine Guys we are closer than I can say at the moment. It is all confidential hush-hush things are quiet right now but everything is looking good. That’s all I can say.
7-17-2023 Newshound Guru Militia Man Iraq has been destroyed and war torn. They are going to need the IFC (International Financial Corporation)...Their main business is taking countries to the private sector. It's phenomenal. Anybody that says, 'This will never happen. Is not going to happen. It's a scam.' They're misled. That's all there is to it. This country is going international...
7-17-2023 Intel Guru MarkZ [via PDK] For the implementation of the budget…I am still waiting for an update out of Iraq. My last report on Saturday afternoon was they were expecting the “go” yesterday on the budget. It is already approved…just needs to be put into affect with all the money moving where it is supposed to. My finance contact over there thinks this is a serious key piece before they change the rate. So we are watching it. There is a lot of pressure from the Iraqi people on the government to release these budget funds……this is a good thing.
7-17-2023 Newshound Guru Jeff Everybody's...focusing on releasing of the the budget monies. They are under the assumption that releasing the budget monies brings forward the rate change. I'm sorry but it doesn't work that way. There's other steps that have to happen that introduces the rate change.
7-17-2023 Newshound Guru Pimpy Article: "Parliamentary Finance likely to launch budget funds after July 18" So here we are. We've passed the budget. It's made the Gazette and still they have not allocated out the money.
7-17-2023 Intel Guru Bruce [via WiserNow] ...we have information that says we are in a window... We've been told by some of our redemption center people that this could happen at any time...
7-16-2023 Newshound Guru Clare Article "Central Bank: The volume of foreign reserves increased to 113 billion dollars" Quote "Today, Saturday, the Central Bank of Iraq announced that the volume of internal debt has risen to about 70 trillion dinars, and the volume of foreign reserves to 113 billion dollars.
7-16-2023 Intel Guru Frank26 If you're fearful that all of a sudden you cannot exchange your Iraqi dinar anymore because the CBI says that they're all null and void, the IMF has rules and regulations and one of their rules is you have to notify the populace of your time frame. They cannot necessarily come out and say, 'We're going to float our currency.' Without telling you how long they'll float their currency. Some countries don't play fairly but I think Iraq has to because of the way they're under the thumb of the IMF, WB, WTO and US treasury. I think they'll follow the rules and laws.
7-16-2023 Newshound/Intel Guru Petra Question: "Would it be your opinion that the UST folks showed up to click Sudani's heels, or is it more than that?" It is clear Sadani let them in because his people could not get it done, so they brought in “the pro’s” to make it happen...He wants this now...they [UST] were not welcome with open arms because it demonstrated their inability to “perform!”...if they had done their job…there would have been no need for the UST to travel back to Iraq...Sadani made the commitment…the UST is there to get it done. As to their role, I can only speculate that it was due to the lack of progress with executing the new rate, new notes, etc.
7-16-2023 Newshound Guru Enorrste They're going to switch from a 'Keep my money in the mattress' economy to forcing these people to take their money out of the mattresses and to put it into banks and the banks will then send the money to the central bank and the central bank will burn it...If they want to do any international trading at all they're going to have to use electronic methods such as Visa/MasterCard...The process is beginning. This is really key to moving toward getting to the float, which is what we're looking for.
7-16-2023 Intel Guru yada Article: "A statement from the Central Bank regarding the campaign to support the dinar" Quote: "...the Deputy Governor of the Central Bank, Ammar Khalaf, announced the success of the campaign to support the dinar, and while confirming the application of controls that helped stabilize the exchange rate, he pointed out that there is no problem with the
amount of foreign currency supply." This statement will nullify a few in dinarland who think there too much money out there. Fact is, that money in the central banks of other countries will be used to invest and buy in Iraq because they will only be using dinars. We are in the best of positions, the one about to enter the banks.
7-16-2023 Newshound Guru Militia Man Sudani...asked to come to the USA and was denied. My view is he was told...three items to get to work on. He did. We now see the UST show up after. So, it appears an assessment was made as to where they were in getting this completed and likely found they were sitting on the ball on the side lines.. not good. Hence the arrests, the Rafadain Bank shake up, etc.. The level of focus now is fascinating to me. The IFC / WB still in town!! Al-Alaq having had a progress report that looked good !
7-16-2023 Newshound Guru Kaperoni You've got a brand new 30 to 50 story Central Bank building that's going to be state of the art and you're going to be represented amongst the world as the Central Bank of Iraq but you're going to have a weak currency or a currency that doesn't reflect the actual economic success of your country? I don't think that's going to happen. I think that's why they're launching...the stock market, the diversification of the economy, all of that is a prelude to 16 months from now.
7-16-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ: REVITALIZING THE STOCK MARKET" Article quotes: "...there is an urgent need to activate the role of the stock market as a mirror reflecting economic activity in the country"; "It is said that the size of the cash block that is hoarded outside the banking circulation space amounts to about 70 percent of the cash issued" Remember a lot of this cash is outside the country in our pockets and they won’t get it unless they reinstate the dinar and we can go to the bank and exchange at a rate we want as investors. Heck they sold us this currency in a time of need and now, as they are so rich, they have to pay us for it with a higher exchange rate.
7-16-2023 Intel Guru MarkZ [via PDK] From my Redemption Contact in Virginia...a very short, crisp....."working Sunday"...don't know what that mean yet. Contacts still saying the 15th thru the 18th...In Iraq they are pushing forward...to be able to process some world class events...
7-16-2023 Intel Guru Frank26 If you're fearful that all of a sudden you cannot exchange your Iraqi dinar anymore because the CBI says that they're all null and void, the IMF has rules and regulations and one of their rules is you have to notify the populace of your time frame. They cannot necessarily come out and say, 'We're going to float our currency.' Without telling you how long they'll float their currency. Some countries don't play fairly but I think Iraq has to because of the way they're under the thumb of the IMF, WB, WTO and US treasury. I think they'll follow the rules and laws.
7-16-2023 Newshound/Intel Guru Petra Question: "Would it be your opinion that the UST folks showed up to click Sudani's heels, or is it more than that?" It is clear Sadani let them in because his people could not get it done, so they brought in “the pro’s” to make it happen...He wants this now...they [UST] were not welcome with open arms because it demonstrated their inability to “perform!”...if they had done their job…there would have been no need for the UST to travel back to Iraq...Sadani made the commitment…the UST is there to get it done. As to their role, I can only speculate that it was due to the lack of progress with executing the new rate, new notes, etc.
7-16-2023 Newshound Guru Enorrste They're going to switch from a 'Keep my money in the mattress' economy to forcing these people to take their money out of the mattresses and to put it into banks and the banks will then send the money to the central bank and the central bank will burn it...If they want to do any international trading at all they're going to have to use electronic methods such as Visa/MasterCard...The process is beginning. This is really key to moving toward getting to the float, which is what we're looking for.
7-16-2023 Intel Guru yada Article: "A statement from the Central Bank regarding the campaign to support the dinar" Quote: "...the Deputy Governor of the Central Bank, Ammar Khalaf, announced the success of the campaign to support the dinar, and while confirming the application of controls that helped stabilize the exchange rate, he pointed out that there is no problem with the
amount of foreign currency supply." This statement will nullify a few in dinarland who think there too much money out there. Fact is, that money in the central banks of other countries will be used to invest and buy in Iraq because they will only be using dinars. We are in the best of positions, the one about to enter the banks.
7-16-2023 Newshound Guru Militia Man Sudani...asked to come to the USA and was denied. My view is he was told...three items to get to work on. He did. We now see the UST show up after. So, it appears an assessment was made as to where they were in getting this completed and likely found they were sitting on the ball on the side lines.. not good. Hence the arrests, the Rafadain Bank shake up, etc.. The level of focus now is fascinating to me. The IFC / WB still in town!! Al-Alaq having had a progress report that looked good !
7-16-2023 Newshound Guru Kaperoni You've got a brand new 30 to 50 story Central Bank building that's going to be state of the art and you're going to be represented amongst the world as the Central Bank of Iraq but you're going to have a weak currency or a currency that doesn't reflect the actual economic success of your country? I don't think that's going to happen. I think that's why they're launching...the stock market, the diversification of the economy, all of that is a prelude to 16 months from now.
7-16-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ: REVITALIZING THE STOCK MARKET" Article quotes: "...there is an urgent need to activate the role of the stock market as a mirror reflecting economic activity in the country"; "It is said that the size of the cash block that is hoarded outside the banking circulation space amounts to about 70 percent of the cash issued" Remember a lot of this cash is outside the country in our pockets and they won’t get it unless they reinstate the dinar and we can go to the bank and exchange at a rate we want as investors. Heck they sold us this currency in a time of need and now, as they are so rich, they have to pay us for it with a higher exchange rate.
7-16-2023 Intel Guru MarkZ [via PDK] From my Redemption Contact in Virginia...a very short, crisp....."working Sunday"...don't know what that mean yet. Contacts still saying the 15th thru the 18th...In Iraq they are pushing forward...to be able to process some world class events...
7-15-2023 Guru Nader From The Mid East When I tell you Iraq is not independent yet, then it is not... Quote: "The head of the Fatah alliance, Hadi Al-Amri...said in a speech at a memorial service followed by the Twilight news agency, it is a shame that we have to be controlled by an employee of the U.S treasury he called on the political forces to take a United position on the independence of Iraq."
7-15-2023 Newshound Guru Pimpy It never fails, as soon as Iraq starts to make progress moving forward something always happens that sets them back... Article: "Iraq Tests U.S. Sanctions With Oil-for-Gas Deal With Iran" So they're circumventing the sanctions...I'm really concerned about this because if all of a sudden the U.S. starts getting pissed you could see...sanctions on Iraq...as I stated it never fails, as soon as you take one step forward with Iraq they'll find a way to fumble it, mess it up and end up going back three steps. Let's hope that's not the case this time around.
7-15-2023 Intel Guru Frank26 Sudani is cleaning the floors with the monetary and economic reforms. They are real. It is true. It is no longer a secret. There is no need for the monetary reform to continue to lie about the exchange rate.
7-15-2023 Intel Guru Bruce [via WiserNow] ...the exchange rate we were looking to see yesterday in the Gazette...should be in Saturdays Gazette... So other than that, we know the rates that were supposed to be in the Gazette yesterday [Wednesday], the so called in country rate, or CBI rate, the International rate all of that...was very, very strong, and is still strong. And the rate that was on our screens here is very strong... [post 2 of 2]
7-15-2023 Intel Guru Bruce [via WiserNow] ...we found out they were planning to print the new rate and the oil and gas law or the HCl hydrocarbon law...HCl in the printed version Gazette...Wednesday...guess what - it didn't happen. ...our contacts from Iraq are saying they're planning to bring it out in a printed version Saturday. They said this weekend, but I believe it's gonna be Saturday their normal, printed version day. So let's look for it Saturday... [post 1 of 2....stay tuned]
7-15-2023 Newshound Guru tishwash Article: "Parliamentary Finance: Tomorrow you will witness the release of conservative allocations within the budget" Quote: "A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, confirmed the launch of the governorates' allocations, tomorrow, Sunday." they are still saying tomorrow we will see the launch of budget allocations.
7-15-2023 Newshound Guru Kaperoni The truth is, we are months if not years away from seeing the dinar rise in value via float. Before that happens, they must implement laws to create a suitable investment environment for their economy to diversify and prosper.
7-15-2023 Newshound Guru Militia Man It's not about get rich quick. It's been about, get the country up to its real effective exchange rate and I think that's where we're headed.
7-15-2023 Intel Guru yada Interestingly, all the articles since last week pointed to 7-15-23 as the date the budget was to be implemented. It was stated they, the CBI, gave the banks the instructions on implementing such as the rate, amount of notes, and timing of the release... And the people for the most part are expecting the implementation as well...Im expecting the implementation this weekend and surely not in Aug...
7-15-2023 Newshound Guru Pimpy It never fails, as soon as Iraq starts to make progress moving forward something always happens that sets them back... Article: "Iraq Tests U.S. Sanctions With Oil-for-Gas Deal With Iran" So they're circumventing the sanctions...I'm really concerned about this because if all of a sudden the U.S. starts getting pissed you could see...sanctions on Iraq...as I stated it never fails, as soon as you take one step forward with Iraq they'll find a way to fumble it, mess it up and end up going back three steps. Let's hope that's not the case this time around.
7-15-2023 Intel Guru Frank26 Sudani is cleaning the floors with the monetary and economic reforms. They are real. It is true. It is no longer a secret. There is no need for the monetary reform to continue to lie about the exchange rate.
7-15-2023 Intel Guru Bruce [via WiserNow] ...the exchange rate we were looking to see yesterday in the Gazette...should be in Saturdays Gazette... So other than that, we know the rates that were supposed to be in the Gazette yesterday [Wednesday], the so called in country rate, or CBI rate, the International rate all of that...was very, very strong, and is still strong. And the rate that was on our screens here is very strong... [post 2 of 2]
7-15-2023 Intel Guru Bruce [via WiserNow] ...we found out they were planning to print the new rate and the oil and gas law or the HCl hydrocarbon law...HCl in the printed version Gazette...Wednesday...guess what - it didn't happen. ...our contacts from Iraq are saying they're planning to bring it out in a printed version Saturday. They said this weekend, but I believe it's gonna be Saturday their normal, printed version day. So let's look for it Saturday... [post 1 of 2....stay tuned]
7-15-2023 Newshound Guru tishwash Article: "Parliamentary Finance: Tomorrow you will witness the release of conservative allocations within the budget" Quote: "A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, confirmed the launch of the governorates' allocations, tomorrow, Sunday." they are still saying tomorrow we will see the launch of budget allocations.
7-15-2023 Newshound Guru Kaperoni The truth is, we are months if not years away from seeing the dinar rise in value via float. Before that happens, they must implement laws to create a suitable investment environment for their economy to diversify and prosper.
7-15-2023 Newshound Guru Militia Man It's not about get rich quick. It's been about, get the country up to its real effective exchange rate and I think that's where we're headed.
7-15-2023 Intel Guru yada Interestingly, all the articles since last week pointed to 7-15-23 as the date the budget was to be implemented. It was stated they, the CBI, gave the banks the instructions on implementing such as the rate, amount of notes, and timing of the release... And the people for the most part are expecting the implementation as well...Im expecting the implementation this weekend and surely not in Aug...
7-14-2023 Intel Guru Frank26 Question: "Does the USA have to wait 7 days after Iraq's rate change or all changes at once...?" It will all happen at once. You cannot have a duel exchange rate...it will be instant. One day you're going to wake up and see on the CBI the new exchange rate. It will be across every board, market, trading center everywhere...as soon as the button is pressed the numbers are adjusted. [NOTE: You can always see the latest official CBI rate in the left column of this page.]
7-14-2023 Guru Nader From The Mid East Facts...Iraq still under restriction because I listened to the speech Sudani gave. In his speech he said Iraq still under restriction and he said clearly, Iraq still under restrictions of the United States. He said it in Arabic...black and white.
7-14-2023 Intel Guru MarkZ [via PDK] Still hearing lots of expectations for the 15th through the 18th. Many on the group side are saying that. But on the news front – just hearing recycled news from yesterday. I have been unable to contact my redemption center contact to find out if they are working or on call this weekend. I am going straight to voice mail. This is extremely unusual. Maybe- they have managed to silence the loose lips that might be sinking the ships.
7-14-2023 Newshound Guru Pimpy Article: "Billionaire Sawirls plans to launch a giant project in Baghdad" There are people who are considering getting back into Iraq to invest... Quote: "...confirmed his intention to launch a huge real estate project in Iraq representing the return of the Egyptian businessman to the Iraqi Market in which he had previously invested in the telecommunications sector 20 years ago." My friend was there 15 years ago...and he had a lot of people thinking about going back. This is exactly what we want. So congratulation to Iraq. The more outside investors you got coming in the better it is for your country.
7-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying the price of the dollar will decrease after implementation of the budget. FRANK: Well of course!
7-14-2023 Newshound Guru Samson Article: "The head of the National Commission for Investment instructs companies to pay the dues of housing units in dinars exclusively"
7-14-2023 Intel Guru MarkZ [via PDK] Everyone went really quiet since yesterday. Even redemption center folks have gone MIA….won’t respond. That can be a great thing… Yesterday was so noisy with expectation and anticipation of something between the 15th and 18th…to nothing today...It is eerily dead silent.
7-14-2023 Newshound Guru Militia Man It's fascinating at this time...At this stage what we're looking for, because of the budget hopefully going to be exposed by Sunday...They're going to show us what's involved in that. We hope it's an International exchange rate. That's what we're looking for.
7-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on news saying Iraq is pursuing reforms in financial and banking sectors. FRANK: He is talking to you about the monetary reforms. That's fantastic. Exactly what we told you - the monetary reform education to you.
7-14-2023 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR RATE WILL FALL AGAINST THE DINAR AFTER THE IMPLEMENTATION OF THE PROVISIONS OF THE FEDERAL GENERAL BUDGET" I also believe there are provisions in the budget for the project to delete the zeros and we will need the budget opened to get this work done and move ahead.
7-14-2023 Intel Guru MarkZ [via PDK] We heard a banking story yesterday From California - somebody went into a Wealth Management location where they were building separate private cubicles…the person straight up asked them if this was for the QFS. The bank manager knew all about the QFS and said “Yes, we will be doing currency things here” and they are expecting a lot of new, wealthy people. There was another similar story from Charlotte, NC and from Arizona – all in the last few days. Banks are getting outfitted and banks are being trained. To me this tells us how close we are.
7-14-2023 Guru Nader From The Mid East Facts...Iraq still under restriction because I listened to the speech Sudani gave. In his speech he said Iraq still under restriction and he said clearly, Iraq still under restrictions of the United States. He said it in Arabic...black and white.
7-14-2023 Intel Guru MarkZ [via PDK] Still hearing lots of expectations for the 15th through the 18th. Many on the group side are saying that. But on the news front – just hearing recycled news from yesterday. I have been unable to contact my redemption center contact to find out if they are working or on call this weekend. I am going straight to voice mail. This is extremely unusual. Maybe- they have managed to silence the loose lips that might be sinking the ships.
7-14-2023 Newshound Guru Pimpy Article: "Billionaire Sawirls plans to launch a giant project in Baghdad" There are people who are considering getting back into Iraq to invest... Quote: "...confirmed his intention to launch a huge real estate project in Iraq representing the return of the Egyptian businessman to the Iraqi Market in which he had previously invested in the telecommunications sector 20 years ago." My friend was there 15 years ago...and he had a lot of people thinking about going back. This is exactly what we want. So congratulation to Iraq. The more outside investors you got coming in the better it is for your country.
7-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying the price of the dollar will decrease after implementation of the budget. FRANK: Well of course!
7-14-2023 Newshound Guru Samson Article: "The head of the National Commission for Investment instructs companies to pay the dues of housing units in dinars exclusively"
7-14-2023 Intel Guru MarkZ [via PDK] Everyone went really quiet since yesterday. Even redemption center folks have gone MIA….won’t respond. That can be a great thing… Yesterday was so noisy with expectation and anticipation of something between the 15th and 18th…to nothing today...It is eerily dead silent.
7-14-2023 Newshound Guru Militia Man It's fascinating at this time...At this stage what we're looking for, because of the budget hopefully going to be exposed by Sunday...They're going to show us what's involved in that. We hope it's an International exchange rate. That's what we're looking for.
7-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on news saying Iraq is pursuing reforms in financial and banking sectors. FRANK: He is talking to you about the monetary reforms. That's fantastic. Exactly what we told you - the monetary reform education to you.
7-14-2023 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR RATE WILL FALL AGAINST THE DINAR AFTER THE IMPLEMENTATION OF THE PROVISIONS OF THE FEDERAL GENERAL BUDGET" I also believe there are provisions in the budget for the project to delete the zeros and we will need the budget opened to get this work done and move ahead.
7-14-2023 Intel Guru MarkZ [via PDK] We heard a banking story yesterday From California - somebody went into a Wealth Management location where they were building separate private cubicles…the person straight up asked them if this was for the QFS. The bank manager knew all about the QFS and said “Yes, we will be doing currency things here” and they are expecting a lot of new, wealthy people. There was another similar story from Charlotte, NC and from Arizona – all in the last few days. Banks are getting outfitted and banks are being trained. To me this tells us how close we are.
7-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is telling us our population here in Iraq has swelled to 43 million. They're talking about the mechanisms to help support the dinar and how to get away from the dollar. FRANK26: ...You know what the mechanism is. To support the dinar, a program rate is not a mechanism. The program rate cannot support the dinar. And to get away from the dollar - so they can introduce the new mechanism, the new exchange rate.
7-13-2023 Intel Guru MarkZ [via PDK] Member Comment: [Guru] Walkingstick owns a bank in Iraq…said that big CBI meeting with the big three took place today or yesterday. They were given the timing of the release. Value, Note count and type of denominations. MarkZ Response: That would certainly explain why there is a sudden flurry and conversations over the last couple of hours...Rumors that “a dam has broken” in a good way... Contacts are giddy about the 15th through the 18th. So this news would make sense. I can’t say if its accurate or not but it would explain all the chatter that has suddenly erupted within a short time...
7-13-2023 Newshound Guru Enorrste Article Quote: "JP Morgan had previously handled the process of financial transactions for Iraqi trade with China..." Isn't that amazing. China and the United States, two of the biggest trade people into entire plant, and Morgan has invested China to participate with America to go into Iraq. It doesn't get bigger than that. That's the two biggest traders in the world. Wow.
7-13-2023 Guru Nader From The Mid East Economy, Economy, economy, that's what's going to drive the dinar up.
7-13-2023 Newshound/Intel Guru Walkingstick That CBI meeting with the big three took place today [yesterday]...they were given the timing of the release, value, note count and type of denominations.
7-13-2023 Intel Guru yada Article quote: "...Through our follow-up with the Ministry of Finance, next Sunday, allocations to the governorates and ministries will be launched to implement the 2023 budget and send instructions for implementing the budget, its schedules, texts and agreed items..." The instructions, is another name for the Rates.
7-13-2023 Newshound Guru Militia Man The Iraqi Central Bank has many measures, packages as they put it, in place and have been in place to curb the illegal parallel market that everybody seems to talk about. The bottom line is if they adjust their exchange rate to be and exceed the US dollar that pretty much is going to go away.
7-13-2023 Intel Guru MarkZ [via PDK] We do know Iraq is moving forward and dotting all the I’s and crossing all the T’s and trying to get from under the US thumb so they can change their value of the IQD. I am hearing very positive stuff for Sunday...But, that doesn’t mean that is when it’s going to happen…but that’s when they plan on opening all the coffers from the budget. That is when most of my contacts think it could go.
7-13-2023 Newshound Guru Kaperoni [Follow up to yesterday's Kaperoni community comment post below - 1300 IQD to $1 USD vs. 1 Jordanian dinar to $1.41 USD] Also want to remind you that Iraq has trillions of dinar in circulation vs Jordan who has millions. Big difference. Iraq could never afford to significantly raise the value without reducing the money supply.
7-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Breaking news Parliamentary Finance... FRANK: Parliament Finance? Boo! Okay what about them? FIREFLY: Says next Sunday they will start the allocations of the funds for the budget and instructions on certain projects. FRANK: 6 days they're going to give you instructions on the budget? ...the new exchange rate that is the instructions for all the projects that's inside of that budget for the next 3 years...everything waits for the new exchange rate.
7-13-2023 Newshound Guru Clare Article: "Parliamentary Finance: The price of the dollar will decrease after the implementation of the budget" Quote: "The Iraqi dinar will gradually recover and decrease dramatically against the price of the dollar...He added, The exchange rate of the dollar in the parallel markets depends on the principle of supply and demand, and the start of implementation of the 2023 budget will mean the release of large sums of money that will lead to a greater increase in the purchase of the dollar."
7-13-2023 Newshound/Intel Guru Mnt Goat Article: "AL-NUSIRI: IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION CONTRIBUTES TO THE DEVELOPMENT OF THE FINANCIAL AND BANKING SYSTEM" Quote: "one of the most important returns and benefit achieved by the financial and banking system in Iraq from Iraq’s accession to the full membership in the World Trade Organization is regularity in the global financial system..." come’on folks can it get any better than this?
7-13-2023 Intel Guru MarkZ [via PDK] Member Comment: [Guru] Walkingstick owns a bank in Iraq…said that big CBI meeting with the big three took place today or yesterday. They were given the timing of the release. Value, Note count and type of denominations. MarkZ Response: That would certainly explain why there is a sudden flurry and conversations over the last couple of hours...Rumors that “a dam has broken” in a good way... Contacts are giddy about the 15th through the 18th. So this news would make sense. I can’t say if its accurate or not but it would explain all the chatter that has suddenly erupted within a short time...
7-13-2023 Newshound Guru Enorrste Article Quote: "JP Morgan had previously handled the process of financial transactions for Iraqi trade with China..." Isn't that amazing. China and the United States, two of the biggest trade people into entire plant, and Morgan has invested China to participate with America to go into Iraq. It doesn't get bigger than that. That's the two biggest traders in the world. Wow.
7-13-2023 Guru Nader From The Mid East Economy, Economy, economy, that's what's going to drive the dinar up.
7-13-2023 Newshound/Intel Guru Walkingstick That CBI meeting with the big three took place today [yesterday]...they were given the timing of the release, value, note count and type of denominations.
7-13-2023 Intel Guru yada Article quote: "...Through our follow-up with the Ministry of Finance, next Sunday, allocations to the governorates and ministries will be launched to implement the 2023 budget and send instructions for implementing the budget, its schedules, texts and agreed items..." The instructions, is another name for the Rates.
7-13-2023 Newshound Guru Militia Man The Iraqi Central Bank has many measures, packages as they put it, in place and have been in place to curb the illegal parallel market that everybody seems to talk about. The bottom line is if they adjust their exchange rate to be and exceed the US dollar that pretty much is going to go away.
7-13-2023 Intel Guru MarkZ [via PDK] We do know Iraq is moving forward and dotting all the I’s and crossing all the T’s and trying to get from under the US thumb so they can change their value of the IQD. I am hearing very positive stuff for Sunday...But, that doesn’t mean that is when it’s going to happen…but that’s when they plan on opening all the coffers from the budget. That is when most of my contacts think it could go.
7-13-2023 Newshound Guru Kaperoni [Follow up to yesterday's Kaperoni community comment post below - 1300 IQD to $1 USD vs. 1 Jordanian dinar to $1.41 USD] Also want to remind you that Iraq has trillions of dinar in circulation vs Jordan who has millions. Big difference. Iraq could never afford to significantly raise the value without reducing the money supply.
7-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Breaking news Parliamentary Finance... FRANK: Parliament Finance? Boo! Okay what about them? FIREFLY: Says next Sunday they will start the allocations of the funds for the budget and instructions on certain projects. FRANK: 6 days they're going to give you instructions on the budget? ...the new exchange rate that is the instructions for all the projects that's inside of that budget for the next 3 years...everything waits for the new exchange rate.
7-13-2023 Newshound Guru Clare Article: "Parliamentary Finance: The price of the dollar will decrease after the implementation of the budget" Quote: "The Iraqi dinar will gradually recover and decrease dramatically against the price of the dollar...He added, The exchange rate of the dollar in the parallel markets depends on the principle of supply and demand, and the start of implementation of the 2023 budget will mean the release of large sums of money that will lead to a greater increase in the purchase of the dollar."
7-13-2023 Newshound/Intel Guru Mnt Goat Article: "AL-NUSIRI: IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION CONTRIBUTES TO THE DEVELOPMENT OF THE FINANCIAL AND BANKING SYSTEM" Quote: "one of the most important returns and benefit achieved by the financial and banking system in Iraq from Iraq’s accession to the full membership in the World Trade Organization is regularity in the global financial system..." come’on folks can it get any better than this?
7-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says they're going to be taking all transactions from banks and even insurance payments that have been in dollars to be all now converted into dinars and things that were dealt in dollars will be in dinars at the official exchange rate. Doing all transactions in dinars that way is going to strengthen the dinar and make it more attractive to outside investors and it will bring a stronger dinar and stability and help the Iraqi citizens and our economy.
7-12-2023 Newshound Guru Kaperoni Community Comment "It's interesting when u compare Iraq with Jordan's economy. Pretty similar stats, I'd say Iraq is better with lower unemployment, higher average income. and over 4 times higher GDP. However the Jordanian Dinar is 1.41 to 1 USD and the Iraqi Dinar is 1/6 th of a penny to 1 USD." This is only part of the problem. Iraq must create the
conditions, pass laws and encourage investment. Only then will they be on par with neighboring countries so they can unleash (float) the dinar to create its own value.
7-12-2023 Intel Guru MarkZ [via PDK] Articles out today of deals being made in Iraq. Like the 27 Billion Total gas deal…. Businesses don’t invest billions of dollars without being sure of a ROI. If all of these companies are investing – they are pretty dang sure of the outcome. They are pretty sure they will make a good return on their money. They cannot do that unless Iraq makes a move with currency and stability. Some of the biggest companies are banking on the fact that Iraq is going soon and quickly.
7-12-2023 Newshound Guru Militia Man Article quote: "Al-Sudani received the head of the French company at total energies after assigning a deal with a deal worth 27 billion dinars..." I don't know if that's a mistake but that's what it says...$27 billion dinars. You go down a little bit... Article Quote: "French Giant total energy signed an energy agreement worth 27 billion dollars" So there you have it. Two ways in the article. Why would they do that? I don't know but they did it. You have to ask yourself are they broadcasting something...? Is it a 1 to 1 ratio? Don't know but that's what this article says.
7-12-2023 Newshound Guru Pimpy Question: "Is the Iraqi dinar asset backed?" No. It's not an asset backed currency.
7-12-2023 Intel Guru Bruce [via WiserNow] ...they're very high and very favorable especially for us that are in this country...our notifications should come out as early as, sometime tomorrow [Wednesday] afternoon. And if not tomorrow afternoon/evening...They would come out Thursday morning...this is looking very good from many different sources. It's lining up very nicely. I do not have anything that goes beyond Thursday... [post 2 of 2]
7-12-2023 Intel Guru Bruce [via WiserNow] ...the oil and gas law we understand is finally done and passed and should be announced tomorrow [Wednesday], and...into the Gazette...tomorrow, Wednesday...Now if it comes out, it's supposed to come out with...The new Iraqi dinar rate - this would be an in country rate for the country of Iraq - and it may have international implications as well...it won't be the same rate...I roughly know what those rates are but...I'm not really supposed to put that out...but... [post 1 of 2....stay tuned]
7-12-2023 Intel Guru Frank26 Do we need laws? No. Do we need Erbil Stock Exchange set up? No. All that can be done afterwords. Do we need budget signed, sealed delivered? No. Do we need to satisfy any country that needs to get paid by Iraq? No. In fact other countries are paying Iraq right now just to do business/just to pay attention to them right now. So the monetary reform only needs the exchange rate? Yes, That's right.
7-12-2023 Newshound Guru Clare "The Federal Court issues a state order to stop some articles of the budget law" Quote: "On Wednesday...The court said...that it issued a state order on 7/12/2023 that included stopping the implementation of the following articles: Article 28..57...65...70...71 and 75 of Law No. 13 for the year 2023 (the federal general budget of the Republic of Iraq for the fiscal years (2023-2024-2025) Until the constitutional lawsuit filed before this court to challenge its constitutionality, registered in the number (153 / Federal / 2023), is decided" IT MEANS SUDANI GOT WHAT HE WANTED. THIS DOES NOT AFFECT THE BUDGET FROM BEING IMPLEMENTED IMO
7-12-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Nader says the RV will never happen until the US gives Iraq sovereignty? MarkZ: That is exactly why we see Iraq behaving the way it is behaving. Nader says Iraq is still under the command of the US. Iraq is paying off its debts…that is why they filed with the WTO for ascension…It is bringing its banking up to snuff... Iraq is doing everything it needs to do to support a higher currency rate. They are doing everything it needs to do to remove the US influence. They want the US completely out of there. I believe they have made tremendous progress. …I believe they are close to being able to pull the trigger and go their own way without the US… I believe they are closer than they are telling us…and they are using smoke to cloud the timing.
7-12-2023 Guru Nader From The Mid East Anything Iraq does it's for the okay of United States. If United States says no, nothing will happen. So [Guru] Pimpy is right, still a lot of punishment still there...You never heard United States declared sovereignty to Iraq. That never happened yet. When that happen everything else will change...It's not going to take long to get out of there because they're working hard to show them we're capable of control our own country... [Post 2 of 2]
7-12-2023 Guru Nader From The Mid East [Response to Guru Pimpy's 7-11-2023 post below] [Guru] Pimpy saying Iraq still under restrictions of the United States...Let me tell you something. Pimpy is right. Iraq is still under the command of United States...Maybe 50% free but not 100% free...Iraq is going to be under the punishment of United States for a while. Iraq is working hard to gain the trust of the United States government... [Post 1 of 2....stay tuned]
7-12-2023 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT WILL RESUME ITS SESSIONS NEXT WEEK" On the thirteenth of July, the Iraqi Parliament will resume its regular sessions, after the end of its legislative recess.
7-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about a date to show us citizens the instructions to implement the budget after the federal court rulings. FRANK: So, after the federal court ruling there's a date to use to open the budget...we're just waiting for one bloody thing. That's it. The new exchange rate...all roads lead to the new exchange rate of the Iraqi dinar.
7-12-2023 Intel Guru yada 1 dinar will equal $1 in Iraq. But when we exchange that dinar in the US, it will be $3.81. Because the dinar will have 4x the spending power in Iraq or worth 4x the value of the dollar. If it floats in Iraq starting at $1.60, that means we get $1.60 in the us starting out...As the exchanges increase and demand for the dinar increases, we will see the value increase in the US also...What affects the float is the demand for the dinar. All governments are holding dinars in reserve, when we go and purchase oil, we will use their dinar with it's increased value...And what is even more amazing, all countries will be purchasing Iraqi oil using their dinar, not the petro dollar.
7-12-2023 Newshound Guru Kaperoni Community Comment "It's interesting when u compare Iraq with Jordan's economy. Pretty similar stats, I'd say Iraq is better with lower unemployment, higher average income. and over 4 times higher GDP. However the Jordanian Dinar is 1.41 to 1 USD and the Iraqi Dinar is 1/6 th of a penny to 1 USD." This is only part of the problem. Iraq must create the
conditions, pass laws and encourage investment. Only then will they be on par with neighboring countries so they can unleash (float) the dinar to create its own value.
7-12-2023 Intel Guru MarkZ [via PDK] Articles out today of deals being made in Iraq. Like the 27 Billion Total gas deal…. Businesses don’t invest billions of dollars without being sure of a ROI. If all of these companies are investing – they are pretty dang sure of the outcome. They are pretty sure they will make a good return on their money. They cannot do that unless Iraq makes a move with currency and stability. Some of the biggest companies are banking on the fact that Iraq is going soon and quickly.
7-12-2023 Newshound Guru Militia Man Article quote: "Al-Sudani received the head of the French company at total energies after assigning a deal with a deal worth 27 billion dinars..." I don't know if that's a mistake but that's what it says...$27 billion dinars. You go down a little bit... Article Quote: "French Giant total energy signed an energy agreement worth 27 billion dollars" So there you have it. Two ways in the article. Why would they do that? I don't know but they did it. You have to ask yourself are they broadcasting something...? Is it a 1 to 1 ratio? Don't know but that's what this article says.
7-12-2023 Newshound Guru Pimpy Question: "Is the Iraqi dinar asset backed?" No. It's not an asset backed currency.
7-12-2023 Intel Guru Bruce [via WiserNow] ...they're very high and very favorable especially for us that are in this country...our notifications should come out as early as, sometime tomorrow [Wednesday] afternoon. And if not tomorrow afternoon/evening...They would come out Thursday morning...this is looking very good from many different sources. It's lining up very nicely. I do not have anything that goes beyond Thursday... [post 2 of 2]
7-12-2023 Intel Guru Bruce [via WiserNow] ...the oil and gas law we understand is finally done and passed and should be announced tomorrow [Wednesday], and...into the Gazette...tomorrow, Wednesday...Now if it comes out, it's supposed to come out with...The new Iraqi dinar rate - this would be an in country rate for the country of Iraq - and it may have international implications as well...it won't be the same rate...I roughly know what those rates are but...I'm not really supposed to put that out...but... [post 1 of 2....stay tuned]
7-12-2023 Intel Guru Frank26 Do we need laws? No. Do we need Erbil Stock Exchange set up? No. All that can be done afterwords. Do we need budget signed, sealed delivered? No. Do we need to satisfy any country that needs to get paid by Iraq? No. In fact other countries are paying Iraq right now just to do business/just to pay attention to them right now. So the monetary reform only needs the exchange rate? Yes, That's right.
7-12-2023 Newshound Guru Clare "The Federal Court issues a state order to stop some articles of the budget law" Quote: "On Wednesday...The court said...that it issued a state order on 7/12/2023 that included stopping the implementation of the following articles: Article 28..57...65...70...71 and 75 of Law No. 13 for the year 2023 (the federal general budget of the Republic of Iraq for the fiscal years (2023-2024-2025) Until the constitutional lawsuit filed before this court to challenge its constitutionality, registered in the number (153 / Federal / 2023), is decided" IT MEANS SUDANI GOT WHAT HE WANTED. THIS DOES NOT AFFECT THE BUDGET FROM BEING IMPLEMENTED IMO
7-12-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Nader says the RV will never happen until the US gives Iraq sovereignty? MarkZ: That is exactly why we see Iraq behaving the way it is behaving. Nader says Iraq is still under the command of the US. Iraq is paying off its debts…that is why they filed with the WTO for ascension…It is bringing its banking up to snuff... Iraq is doing everything it needs to do to support a higher currency rate. They are doing everything it needs to do to remove the US influence. They want the US completely out of there. I believe they have made tremendous progress. …I believe they are close to being able to pull the trigger and go their own way without the US… I believe they are closer than they are telling us…and they are using smoke to cloud the timing.
7-12-2023 Guru Nader From The Mid East Anything Iraq does it's for the okay of United States. If United States says no, nothing will happen. So [Guru] Pimpy is right, still a lot of punishment still there...You never heard United States declared sovereignty to Iraq. That never happened yet. When that happen everything else will change...It's not going to take long to get out of there because they're working hard to show them we're capable of control our own country... [Post 2 of 2]
7-12-2023 Guru Nader From The Mid East [Response to Guru Pimpy's 7-11-2023 post below] [Guru] Pimpy saying Iraq still under restrictions of the United States...Let me tell you something. Pimpy is right. Iraq is still under the command of United States...Maybe 50% free but not 100% free...Iraq is going to be under the punishment of United States for a while. Iraq is working hard to gain the trust of the United States government... [Post 1 of 2....stay tuned]
7-12-2023 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT WILL RESUME ITS SESSIONS NEXT WEEK" On the thirteenth of July, the Iraqi Parliament will resume its regular sessions, after the end of its legislative recess.
7-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about a date to show us citizens the instructions to implement the budget after the federal court rulings. FRANK: So, after the federal court ruling there's a date to use to open the budget...we're just waiting for one bloody thing. That's it. The new exchange rate...all roads lead to the new exchange rate of the Iraqi dinar.
7-12-2023 Intel Guru yada 1 dinar will equal $1 in Iraq. But when we exchange that dinar in the US, it will be $3.81. Because the dinar will have 4x the spending power in Iraq or worth 4x the value of the dollar. If it floats in Iraq starting at $1.60, that means we get $1.60 in the us starting out...As the exchanges increase and demand for the dinar increases, we will see the value increase in the US also...What affects the float is the demand for the dinar. All governments are holding dinars in reserve, when we go and purchase oil, we will use their dinar with it's increased value...And what is even more amazing, all countries will be purchasing Iraqi oil using their dinar, not the petro dollar.
7-11-2023 Intel Guru Frank26 The HCL is the key to the budget and the budget is the key to the exchange rate. It doesn't really matter what parliament does or passes or says. The structure of the budget is ready to go. It is ready to activate. To explode. Not to implode but to explode.
7-11-2023 Intel Guru MarkZ [via PDK] There are rumors that in Iraq they are pushing for sometime this week and they would go to a 1 to 1 in a float …not affecting us…and turn in their bills for new bills without the zeros on it. This is a absolutely unsubstantiated rumor. Not verified from anyone in Iraq on my end... Hopefully we would get a call saying this is true which would mean we are well under way and should expect ours at any moment. But, until we can spend the money- these are just rumors.
7-11-2023 Newshound Guru Kaperoni How many agreements now with other Middle East countries to bring investors to participate in the reconstruction? Iraq is building a bank in Saudi Arabia. Saudi Arabia is building a bank in Iraq. This is all tied together and what's the point if you're not going to create the conditions for the economy to grow, for the dinar to go up in value?
7-11-2023 Newshound Guru Militia Man They haven't effectively published an exchange rate of 1310 like a lot of the people out there are saying the did. They didn't do that. The Iraqi currency hasn't been put on the Forex. They have it as a marker but it's not internationally traded...They've got a lot of work done...We're definitely waiting to see if they move forward with this 2023, 24, 25 budget...
7-11-2023 Newshound Guru Pimpy I made a comment that Iraq was still under restriction, they have to ask the United States permission to do everything and somebody said, 'No they don't man. They have their own sovereignty blah blah bah. They could do whatever stye want.' That's not true. Article Quote: "The Coordinating Framework called on the government to address the United States side to release the dues of importing Iranian gas and not to use the file politically." Hmmm, sounds to me like they have to turn to the United States to get their money and permission...Yes they have restriction on their currency. America controls them. Once again I come with recipes and show you I was correct in what I was saying. There's still restrictions.
7-11-2023 Intel Guru Frank26 If you truly truly have a need for an 800 number...then call the United States Treasury's 800#. Why? Because all the banks in the United States belongs to them. The United States Treasury will tell you exactly which banks are going to exchange the Iraqi dinar. They're not going to tell you that right now. That's not happening right now. So if you're interesting in knowing what banks, call the US treasury. They'll tell you every bank that's doing it...
7-11-2023 Intel Guru MarkZ [via PDK] Question: what do you think is the number 1 reason we haven’t seen the RV yet? MarkZ: Clean-up on aisle 3. This is a massive undertaking. When they pull the trigger- There is going to be no stopping it. It’s going to be hard to control it very well once it starts…. There may be unrest and upheaval. They have to make sure things are prepared as are reasonably possible before they pull that trigger. They are never going to get it perfect…but it needs to go soon.
7-11-2023 Newshound/Intel Guru Walkingstick There is a meeting the CBI is doing right now. This meeting is very important. It is about the HCL...Iraqi Stock Exchange and the Erbil Stock Exchange. Basically it's the marriage between Kurdistan and Baghdad...The CBI is also now involved with another set of meetings...to start tomorrow [Today]. You'll be able to sense it if you see articles talking about the CBI meeting with IMF, AMF, WB...If I was in charge of that meeting...I would tell them...I want to disclose to you...the date of the launching of our new national currency...This is just my opinion...If there's any value to it you're going to be looking for an article from the CBI that has these three entities [in it].
7-11-2023 Guru Nader From The Mid East You see Iran try to switch and try to pay Iraq or...paid from Iraq with the Iraqi dinars. They know something is going on. They know they're gonna make money off it. They know something that's happening...If everyone decide tomorrow to get paid with the dinar instead of a dollar from Iraq, they're not stupid. They know they're gonna triple their money...Why would somebody get paid with an Iraqi dinar? Why? Not only Iran, Turkey...Qatar...many countries are going to do the same thing...that's how it is. Good news...
7-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is now all over our news today. They are really telling us a lot. They're saying they are getting rid of the U.S. dollar and they're going to deal with Iraq only in dinars...
7-11-2023 Newshound/Intel Guru Mnt Goat Article: "AN IRAQI PROPOSAL TO DEAL IN DINARS INSTEAD OF DOLLARS WITH IRAN" Quote: "...I suggest Iraq that all our financial dealings be with Iraq in dinars" This is excellent news and could not get any better. This is one of those WOW articles.
7-11-2023 Intel Guru MarkZ [via PDK] “Basra looks forward to the results of “Trillion dinars” of petrodollar funds” They are looking for money coming in from oil sales…in the Kurdish region. And the funding of projects that come along with that funding…This is just one more clue that the HCL law is coming…if not already done.
7-11-2023 Intel Guru MarkZ [via PDK] There are rumors that in Iraq they are pushing for sometime this week and they would go to a 1 to 1 in a float …not affecting us…and turn in their bills for new bills without the zeros on it. This is a absolutely unsubstantiated rumor. Not verified from anyone in Iraq on my end... Hopefully we would get a call saying this is true which would mean we are well under way and should expect ours at any moment. But, until we can spend the money- these are just rumors.
7-11-2023 Newshound Guru Kaperoni How many agreements now with other Middle East countries to bring investors to participate in the reconstruction? Iraq is building a bank in Saudi Arabia. Saudi Arabia is building a bank in Iraq. This is all tied together and what's the point if you're not going to create the conditions for the economy to grow, for the dinar to go up in value?
7-11-2023 Newshound Guru Militia Man They haven't effectively published an exchange rate of 1310 like a lot of the people out there are saying the did. They didn't do that. The Iraqi currency hasn't been put on the Forex. They have it as a marker but it's not internationally traded...They've got a lot of work done...We're definitely waiting to see if they move forward with this 2023, 24, 25 budget...
7-11-2023 Newshound Guru Pimpy I made a comment that Iraq was still under restriction, they have to ask the United States permission to do everything and somebody said, 'No they don't man. They have their own sovereignty blah blah bah. They could do whatever stye want.' That's not true. Article Quote: "The Coordinating Framework called on the government to address the United States side to release the dues of importing Iranian gas and not to use the file politically." Hmmm, sounds to me like they have to turn to the United States to get their money and permission...Yes they have restriction on their currency. America controls them. Once again I come with recipes and show you I was correct in what I was saying. There's still restrictions.
7-11-2023 Intel Guru Frank26 If you truly truly have a need for an 800 number...then call the United States Treasury's 800#. Why? Because all the banks in the United States belongs to them. The United States Treasury will tell you exactly which banks are going to exchange the Iraqi dinar. They're not going to tell you that right now. That's not happening right now. So if you're interesting in knowing what banks, call the US treasury. They'll tell you every bank that's doing it...
7-11-2023 Intel Guru MarkZ [via PDK] Question: what do you think is the number 1 reason we haven’t seen the RV yet? MarkZ: Clean-up on aisle 3. This is a massive undertaking. When they pull the trigger- There is going to be no stopping it. It’s going to be hard to control it very well once it starts…. There may be unrest and upheaval. They have to make sure things are prepared as are reasonably possible before they pull that trigger. They are never going to get it perfect…but it needs to go soon.
7-11-2023 Newshound/Intel Guru Walkingstick There is a meeting the CBI is doing right now. This meeting is very important. It is about the HCL...Iraqi Stock Exchange and the Erbil Stock Exchange. Basically it's the marriage between Kurdistan and Baghdad...The CBI is also now involved with another set of meetings...to start tomorrow [Today]. You'll be able to sense it if you see articles talking about the CBI meeting with IMF, AMF, WB...If I was in charge of that meeting...I would tell them...I want to disclose to you...the date of the launching of our new national currency...This is just my opinion...If there's any value to it you're going to be looking for an article from the CBI that has these three entities [in it].
7-11-2023 Guru Nader From The Mid East You see Iran try to switch and try to pay Iraq or...paid from Iraq with the Iraqi dinars. They know something is going on. They know they're gonna make money off it. They know something that's happening...If everyone decide tomorrow to get paid with the dinar instead of a dollar from Iraq, they're not stupid. They know they're gonna triple their money...Why would somebody get paid with an Iraqi dinar? Why? Not only Iran, Turkey...Qatar...many countries are going to do the same thing...that's how it is. Good news...
7-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is now all over our news today. They are really telling us a lot. They're saying they are getting rid of the U.S. dollar and they're going to deal with Iraq only in dinars...
7-11-2023 Newshound/Intel Guru Mnt Goat Article: "AN IRAQI PROPOSAL TO DEAL IN DINARS INSTEAD OF DOLLARS WITH IRAN" Quote: "...I suggest Iraq that all our financial dealings be with Iraq in dinars" This is excellent news and could not get any better. This is one of those WOW articles.
7-11-2023 Intel Guru MarkZ [via PDK] “Basra looks forward to the results of “Trillion dinars” of petrodollar funds” They are looking for money coming in from oil sales…in the Kurdish region. And the funding of projects that come along with that funding…This is just one more clue that the HCL law is coming…if not already done.
7-10-2023 Newshound Guru Clare Article: "Wholesale corruption" in the Rafidain Bank... the most prominent reasons for the overthrow of its administration (documents)" Quote: "The current management of Al-Rafidain Bank, which has been withdrawn, is accused of several cases, including causing waste of public money and mismanagement, and making administrative transfers on the basis of nepotism and nepotism away from the standard of competence and integrity, and the rise of unqualified people to assume administrative positions."
7-10-2023 Intel Guru MarkZ [via PDK] I hoped we would get news today, but it is still VERY quiet. Some rumors about Iraq announcing new bills on the street in the next day or two but otherwise, very quiet...it’s quiet on almost every RV front. Nothing overly exciting in the news but nothing negative.
7-10-2023 Intel Guru Frank26 The other place you'll find 3-zeros is in the currency itself. It's not like somebody's gonna take a pair of scissors and cut where it says 25000 out of the physical currency. Of course not. They cut it out of the exchange rate. When they cut it out of the exchange rate it adds value to the currency so the 25000 dinar note outside of Iraq is at 1 to 1 or $25,000 note. But inside of Iraq their exchange rate is what makes that valuable to whatever rate they have... [Post 2 of 2]
7-10-2023 Intel Guru Frank26 Question: "Will they be dropping the 3-zeros on a 25,000 dinar note? I'm new to this and I keep hearing conflicting information." You'll find 3-zeros in two places. First of all in the exchange rate. The exchange rate right now for the Iraqi dinar is .0008597 something like that. When they move the decimal point to the right because they have added value to their currency...3 zeros it'll be roughly about .86. We can round that up to $1. That's where we're looking for 1 to 1. [Post 1 of 2....stay tuned]
7-10-2023 Intel/Newshound Guru Babysmom OK I JUST GOT PERMISSION TO SHARE THE FOLLOWING INFO. THE CITIZENS OF IRAQ WERE TOLD THEIR RATE IS CHANGING TO ONE TO ONE, THEY WERE ALSO TOLD THAT THE RATE WILL FLOAT IN IRAQ. THEY WERE TOLD IF THEY DIDN'T TURN IN THEIR 3 ZERO NOTES THEY WOULD MISS THE OPPORTUNITY TO CHANGE THEM FOR THE LOWER DENOMINATIONS. THE 1:1 RATE WILL BE IN IRAQ ONLY AND THEN WE'LL FLOAT HIGHER. OUR RATE WILL COME OUT ON FOREX HOPEFULLY AT A MINIMUM OF$3.81 USD TO 1 DINAR.
7-10-2023 Newshound Guru Enorrste Getting out of Article 14 of the IMF charter is essential for them to do what's called international trading. [See Guru Enorrste post from earlier today for reference.]
7-10-2023 Newshound Guru Militia Man Iran is talking about circumventing using the dollar, which they've been after all this time but now they want to use the dinar. There's obviously something going on. They know there's some change is about to come and they want to be a part of that. They are one of the largest trading partners for Iraq.
7-10-2023 Newshound Guru Paulette It looks like the weekend of 7/14-7/16 will be a Holiday weekend with the New Year on 7/18. Shabs said ".....after Eid, before the New Year....." Perhaps the next target since they missed 7/1...
7-10-2023 Newshound Guru Pimpy Question: "Kuwait has $3.29 dinars. What do they have that Iraq doesn't? A currency that's free of sanctions and restriction is what they have.
7-10-2023 Intel Guru Frank26 Here's one I get a kick out of, 'Hey Frank what I belong to is tier 4. What tier do you belong to?' The ones coming out of my eyes! There are no 1, 2, 3 , 4 tiers. It's illegal. It would be impossible...No. There is no such thing as tier 1, 2, 3 and 4. Everyone goes to the bank and exchanges and that's it. Nobody gets treated special...
7-10-2023 Newshound Guru Sandy Ingram The good news is the mainstream news media is saying the IQD is expected to increase in value as the country becomes more stable.
7-10-2023 Intel Guru MarkZ [via PDK] We are expecting…and most of my sources are in agreement that we should have a very action packed first part of this week with news. Hopefully we will get something that dispels the rumor of no RV until “way down the road” or 2024 or whatever…They are trying to keep the riming “cloudy” Especially in Iraq. So when you hear these things- do not panic.
7-10-2023 Newshound Guru Enorrste JP Morgan [bank] is ready to leap into the fray...Their words are amazing, 'Bring it into the world trade system'... They're [Iraq's] going to go from being a little regional area to being a world trader thanks to the efforts of JP Morgan signing this agreement with the Central Bank of Iraq. They're ready to role...You can't do this in Article 14 of the IMF charter. I suspect the IMF is behind all of this because they said to the biggest bank in the world JP Morgan get your ass over there and get this thing on the road. I wouldn't be surprised to see a change to Article VIII within months...
7-10-2023 Newshound Guru Clare "Parliamentary Finance Talks About The Stage Of Implementing The Budget.. What Are You Waiting For?" Quote "...We will wait for the court’s decision regarding the contested articles that there will be a state order to be issued, and in the event that it is not issued, the Finance will continue."
7-10-2023 Intel Guru Frank26 We are right on the edge of the cliff of the monetary reform, on our tiptoes leaning forward with our arms open, our head down waiting for a gust of wind to knock us over. That's how close we are.
7-10-2023 Newshound/Intel Guru Mnt Goat There is not much more we can do but relax and let the reinstatement come to us. ...we have not heard even an update on the project to delete the zeros. Normally Ali Al-Alaq is real good at giving periodic updates on this event. He has been back in the seat of CBI governor now for almost 6 months and still no word. I am told by my CBI contact that they are still working on it and plan to do it very soon. This is all the news I can get on this topic.
7-10-2023 Intel Guru MarkZ [via PDK] I hoped we would get news today, but it is still VERY quiet. Some rumors about Iraq announcing new bills on the street in the next day or two but otherwise, very quiet...it’s quiet on almost every RV front. Nothing overly exciting in the news but nothing negative.
7-10-2023 Intel Guru Frank26 The other place you'll find 3-zeros is in the currency itself. It's not like somebody's gonna take a pair of scissors and cut where it says 25000 out of the physical currency. Of course not. They cut it out of the exchange rate. When they cut it out of the exchange rate it adds value to the currency so the 25000 dinar note outside of Iraq is at 1 to 1 or $25,000 note. But inside of Iraq their exchange rate is what makes that valuable to whatever rate they have... [Post 2 of 2]
7-10-2023 Intel Guru Frank26 Question: "Will they be dropping the 3-zeros on a 25,000 dinar note? I'm new to this and I keep hearing conflicting information." You'll find 3-zeros in two places. First of all in the exchange rate. The exchange rate right now for the Iraqi dinar is .0008597 something like that. When they move the decimal point to the right because they have added value to their currency...3 zeros it'll be roughly about .86. We can round that up to $1. That's where we're looking for 1 to 1. [Post 1 of 2....stay tuned]
7-10-2023 Intel/Newshound Guru Babysmom OK I JUST GOT PERMISSION TO SHARE THE FOLLOWING INFO. THE CITIZENS OF IRAQ WERE TOLD THEIR RATE IS CHANGING TO ONE TO ONE, THEY WERE ALSO TOLD THAT THE RATE WILL FLOAT IN IRAQ. THEY WERE TOLD IF THEY DIDN'T TURN IN THEIR 3 ZERO NOTES THEY WOULD MISS THE OPPORTUNITY TO CHANGE THEM FOR THE LOWER DENOMINATIONS. THE 1:1 RATE WILL BE IN IRAQ ONLY AND THEN WE'LL FLOAT HIGHER. OUR RATE WILL COME OUT ON FOREX HOPEFULLY AT A MINIMUM OF$3.81 USD TO 1 DINAR.
7-10-2023 Newshound Guru Enorrste Getting out of Article 14 of the IMF charter is essential for them to do what's called international trading. [See Guru Enorrste post from earlier today for reference.]
7-10-2023 Newshound Guru Militia Man Iran is talking about circumventing using the dollar, which they've been after all this time but now they want to use the dinar. There's obviously something going on. They know there's some change is about to come and they want to be a part of that. They are one of the largest trading partners for Iraq.
7-10-2023 Newshound Guru Paulette It looks like the weekend of 7/14-7/16 will be a Holiday weekend with the New Year on 7/18. Shabs said ".....after Eid, before the New Year....." Perhaps the next target since they missed 7/1...
7-10-2023 Newshound Guru Pimpy Question: "Kuwait has $3.29 dinars. What do they have that Iraq doesn't? A currency that's free of sanctions and restriction is what they have.
7-10-2023 Intel Guru Frank26 Here's one I get a kick out of, 'Hey Frank what I belong to is tier 4. What tier do you belong to?' The ones coming out of my eyes! There are no 1, 2, 3 , 4 tiers. It's illegal. It would be impossible...No. There is no such thing as tier 1, 2, 3 and 4. Everyone goes to the bank and exchanges and that's it. Nobody gets treated special...
7-10-2023 Newshound Guru Sandy Ingram The good news is the mainstream news media is saying the IQD is expected to increase in value as the country becomes more stable.
7-10-2023 Intel Guru MarkZ [via PDK] We are expecting…and most of my sources are in agreement that we should have a very action packed first part of this week with news. Hopefully we will get something that dispels the rumor of no RV until “way down the road” or 2024 or whatever…They are trying to keep the riming “cloudy” Especially in Iraq. So when you hear these things- do not panic.
7-10-2023 Newshound Guru Enorrste JP Morgan [bank] is ready to leap into the fray...Their words are amazing, 'Bring it into the world trade system'... They're [Iraq's] going to go from being a little regional area to being a world trader thanks to the efforts of JP Morgan signing this agreement with the Central Bank of Iraq. They're ready to role...You can't do this in Article 14 of the IMF charter. I suspect the IMF is behind all of this because they said to the biggest bank in the world JP Morgan get your ass over there and get this thing on the road. I wouldn't be surprised to see a change to Article VIII within months...
7-10-2023 Newshound Guru Clare "Parliamentary Finance Talks About The Stage Of Implementing The Budget.. What Are You Waiting For?" Quote "...We will wait for the court’s decision regarding the contested articles that there will be a state order to be issued, and in the event that it is not issued, the Finance will continue."
7-10-2023 Intel Guru Frank26 We are right on the edge of the cliff of the monetary reform, on our tiptoes leaning forward with our arms open, our head down waiting for a gust of wind to knock us over. That's how close we are.
7-10-2023 Newshound/Intel Guru Mnt Goat There is not much more we can do but relax and let the reinstatement come to us. ...we have not heard even an update on the project to delete the zeros. Normally Ali Al-Alaq is real good at giving periodic updates on this event. He has been back in the seat of CBI governor now for almost 6 months and still no word. I am told by my CBI contact that they are still working on it and plan to do it very soon. This is all the news I can get on this topic.
7-9-2023 Intel Guru Frank26 You have to know when to hold them and when to fold them. When the new exchange rate comes out at least IMO 1 to 1, 90% of you are going to go to your banks and exchange. You're going to say, 'I'm done. I'm out of here. I'm happy with this.' And that's enough. That's what the CBI is counting on by the way. If you have only a few dinars I don't blame you. But if you have a lot of dinars, I would tell you to consider exchanging 10% and holding onto the 90% and watch the float. [NOTE: At the appropriate time consult your financial advisors to build the best exchange strategy for your unique circumstances.]
7-9-2023 Newshound Guru Militia Man The Minister of Transport announced the completion of the port is 60%...At 1310 how many dinars is it going to cost to rebuild a port? How's that going to work? It didn't. It's not finished... Remember this 2023-24-25 budget is retroactive to the 1st of this year...If they change the exchange rate...if they got to 1 to 1 that's 1300% cheaper. What if they come back to the previous era...around $2.80 to $3.22...that's 2600% cheaper... amazing how much cheaper that port's going to be to build. Same with all these construction projects...The country is going to have to import those materials.
7-9-2023 Newshound Guru Kaperoni We've been saying for a long time nothing was ever going to happen with the dinar until Iraq diversified their economy. We're reading about it today that this is their focus.
7-9-2023 Newshound Guru Pimpy All currencies have some type of backing ...what supports the IQD is the oil industry. But there are other things out there like the amount of gold they buy, the amount of foreign currency assets they build up, all these things support the IQD. But when you say something is asset-backed that means this particular commodity solely and purposely supports the currency and Iraq doesn't have any assets or any commodities that solely are developed for the sole purpose of supporting the IQD.
7-9-2023 Intel Guru Frank26 XRP pairing with the dinar is a tell tale sign of an international float that's coming with a pairing of many currencies with the Iraqi dinar.
7-9-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ AND GERMANY SIGN A STRATEGIC COOPERATION AGREEMENT IN THE FIELD OF COMMUNICATIONS AND POSTAL SERVICES" Does Iraq need this to RV? NO! But it certainly shows us once again just where this country of Iraq is slowly progressing more and more “open to the rest of the world”.
7-9-2023 Newshound/Intel Guru Walkingstick There are no restrictions on the Iraqi dinar? Yes there are...It's still a program rate. That's a sanctioned rate. The Iraqi dinar is in position to trade internationally when they put it on Forex...I believe the Iraqi dinar is being put into position to go to Forex, to go into international platforms without restrictions...
7-9-2023 Newshound Guru Paulette Question: "The latest article...suggests that the HCL will be passed in the next legislative term. When is that term?" The legislative term starts on the 13th but currently the Oil and Gas Law is not on the agenda. When it is, expect a first reading, at least 3 days and probably two weeks before the second reading at which time a Third reading could be waived and the Law voted. If third reading, expect another 3 days to two weeks after the second reading.
7-9-2023 Intel Guru Frank26 Nothing will happen without the new exchange rate. How do you get the new exchange rate? By cleaning the floor of the CBI that has the new exchange rate so all Iraqi citizens will be well protected and their currency will not be stolen anymore, will not be counterfeited anymore ... Sudani is busting everybody's behind and it's on a daily basis for the monetary reform...
7-9-2023 Newshound Guru Militia Man Halabousi was talking to the leaders of the country, the politicians etc, he says to run away before your arrest on corruption charges. So the Speaker of the House of Representatives is telling the people, those of you that are corrupt, you better start running...There's been 96 arrests...those arrests probably have some influence on why Halabousi has suggested these guys take off and start running.
7-9-2023 Newshound Guru Militia Man The Minister of Transport announced the completion of the port is 60%...At 1310 how many dinars is it going to cost to rebuild a port? How's that going to work? It didn't. It's not finished... Remember this 2023-24-25 budget is retroactive to the 1st of this year...If they change the exchange rate...if they got to 1 to 1 that's 1300% cheaper. What if they come back to the previous era...around $2.80 to $3.22...that's 2600% cheaper... amazing how much cheaper that port's going to be to build. Same with all these construction projects...The country is going to have to import those materials.
7-9-2023 Newshound Guru Kaperoni We've been saying for a long time nothing was ever going to happen with the dinar until Iraq diversified their economy. We're reading about it today that this is their focus.
7-9-2023 Newshound Guru Pimpy All currencies have some type of backing ...what supports the IQD is the oil industry. But there are other things out there like the amount of gold they buy, the amount of foreign currency assets they build up, all these things support the IQD. But when you say something is asset-backed that means this particular commodity solely and purposely supports the currency and Iraq doesn't have any assets or any commodities that solely are developed for the sole purpose of supporting the IQD.
7-9-2023 Intel Guru Frank26 XRP pairing with the dinar is a tell tale sign of an international float that's coming with a pairing of many currencies with the Iraqi dinar.
7-9-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ AND GERMANY SIGN A STRATEGIC COOPERATION AGREEMENT IN THE FIELD OF COMMUNICATIONS AND POSTAL SERVICES" Does Iraq need this to RV? NO! But it certainly shows us once again just where this country of Iraq is slowly progressing more and more “open to the rest of the world”.
7-9-2023 Newshound/Intel Guru Walkingstick There are no restrictions on the Iraqi dinar? Yes there are...It's still a program rate. That's a sanctioned rate. The Iraqi dinar is in position to trade internationally when they put it on Forex...I believe the Iraqi dinar is being put into position to go to Forex, to go into international platforms without restrictions...
7-9-2023 Newshound Guru Paulette Question: "The latest article...suggests that the HCL will be passed in the next legislative term. When is that term?" The legislative term starts on the 13th but currently the Oil and Gas Law is not on the agenda. When it is, expect a first reading, at least 3 days and probably two weeks before the second reading at which time a Third reading could be waived and the Law voted. If third reading, expect another 3 days to two weeks after the second reading.
7-9-2023 Intel Guru Frank26 Nothing will happen without the new exchange rate. How do you get the new exchange rate? By cleaning the floor of the CBI that has the new exchange rate so all Iraqi citizens will be well protected and their currency will not be stolen anymore, will not be counterfeited anymore ... Sudani is busting everybody's behind and it's on a daily basis for the monetary reform...
7-9-2023 Newshound Guru Militia Man Halabousi was talking to the leaders of the country, the politicians etc, he says to run away before your arrest on corruption charges. So the Speaker of the House of Representatives is telling the people, those of you that are corrupt, you better start running...There's been 96 arrests...those arrests probably have some influence on why Halabousi has suggested these guys take off and start running.
7-8-2023 Intel Guru Frank26 Question "Do you think the new small category notes will be announced soon?" Yes, I sincerely do. When the CBI was having all of its meeting I suggested...that they should come up with a date when those small category notes would be released.
7-8-2023 Intel Guru Goldilocks Tier-1 Banks are receiving an upgrade. This upgrade is compatible with Sepa and Swift payments. It's purpose is to facilitate Cross-Border International Settlements efficiently. This upgrade supports multiple currencies, and it enables seamless transactions in multiple units. Multiple units refers to having a multi-currency account. This allows you to hold, receive, and spend multiple foreign currencies as you wish.
7-8-2023 Newshound Guru Kaperoni The next 16 months is going to be massive...the transition from physical paper currency to digital, the POS systems and everything we've learned over the year that have never been accomplished it looks like they're all being put into in essence a basket that's going to come to fruition here in the next 16 months.
7-8-2023 Guru Nader From The Mid East Be patient until next year okay. It's not long 2024...between March and July next year...
7-8-2023 Newshound Guru Paulette If the HCL were in the budget, I would think that the Citizens would know exactly what they would receive in USD value and...the Citizens would be talking about it. After all, the Budget was published to the World last week at 152.2 Billion USD so nothing is hidden any longer. I just don't understand why...the Citizens would not be talking about it.
7-8-2023 Newshound Guru Militia Man They want their citizens to use the dinar because the dinar is going to great demand by using it and create a stable environment. The whole purpose of this is to get these folks to be a one currency country. No multi-currency practices. It's to maintain the strength of the Iraqi dinar in financial and commercial transactions... They're ceasing the multi-currency practices...everyone buys and sells in Iraqi dinars... whoever is not doing it is going to be held accountable.
7-8-2023 Intel Guru Frank26 Question: "How long would an external float take - A day, week, month?" They're all different...this one is based...on how long it's taken, good grief it was only supposed to take 10 years, it's taken twice that amount...First of all we want it to at least be 1 to 1...How long will it take to get to $1.50 to 1? IMO because it's take so bloody long, probably within 1 month. How long would it take to get to $2 to 1? At that same speed. Probably within two to three month. How long would it take it to get to what it was - $3.22 and to maybe $3.86? Probably within less than 6 months.
7-8-2023 Intel Guru MarkZ [via PDK] ...the chatter out of Iraq is...all eyes are between now and the 12th when they release the funds in their budget...is there a lot of hope that's when it will go...absolutely... They certainly have everything in place to pull the trigger.
7-8-2023 Intel Guru Goldilocks Tier-1 Banks are receiving an upgrade. This upgrade is compatible with Sepa and Swift payments. It's purpose is to facilitate Cross-Border International Settlements efficiently. This upgrade supports multiple currencies, and it enables seamless transactions in multiple units. Multiple units refers to having a multi-currency account. This allows you to hold, receive, and spend multiple foreign currencies as you wish.
7-8-2023 Newshound Guru Kaperoni The next 16 months is going to be massive...the transition from physical paper currency to digital, the POS systems and everything we've learned over the year that have never been accomplished it looks like they're all being put into in essence a basket that's going to come to fruition here in the next 16 months.
7-8-2023 Guru Nader From The Mid East Be patient until next year okay. It's not long 2024...between March and July next year...
7-8-2023 Newshound Guru Paulette If the HCL were in the budget, I would think that the Citizens would know exactly what they would receive in USD value and...the Citizens would be talking about it. After all, the Budget was published to the World last week at 152.2 Billion USD so nothing is hidden any longer. I just don't understand why...the Citizens would not be talking about it.
7-8-2023 Newshound Guru Militia Man They want their citizens to use the dinar because the dinar is going to great demand by using it and create a stable environment. The whole purpose of this is to get these folks to be a one currency country. No multi-currency practices. It's to maintain the strength of the Iraqi dinar in financial and commercial transactions... They're ceasing the multi-currency practices...everyone buys and sells in Iraqi dinars... whoever is not doing it is going to be held accountable.
7-8-2023 Intel Guru Frank26 Question: "How long would an external float take - A day, week, month?" They're all different...this one is based...on how long it's taken, good grief it was only supposed to take 10 years, it's taken twice that amount...First of all we want it to at least be 1 to 1...How long will it take to get to $1.50 to 1? IMO because it's take so bloody long, probably within 1 month. How long would it take to get to $2 to 1? At that same speed. Probably within two to three month. How long would it take it to get to what it was - $3.22 and to maybe $3.86? Probably within less than 6 months.
7-8-2023 Intel Guru MarkZ [via PDK] ...the chatter out of Iraq is...all eyes are between now and the 12th when they release the funds in their budget...is there a lot of hope that's when it will go...absolutely... They certainly have everything in place to pull the trigger.
7-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: To get the HCL done they will need to know what the new exchange rate is...So next week with the passing of the oil and gas law like they're telling us it will be very pivotal what is in the budget. Now this is just the groundwork for the HCL. This is exciting to know our prime minister is taking care of the budget for the HCL, for us Iraqi citizens...
7-7-2023 Newshound Guru Militia Man Al-Sudani had a request to come to America and they refused. What they wanted him to do was to complete a few things they felt he needed to accomplish. Washington still refuses to receive the Iraqi prime minister Al-Sudani...They wanted to see tangible achievement in the field of combating corruption...Second...to dismantle the popular crowd by merging military institutions, stripping the powers of the administrative and military leaders. Third, monitoring the movement of Iraqi money and not allowing foreign currency to be smuggled into Iran and Syria...Al-Sudani has apparently been given orders and it looks like he has taken to them quickly.
7-7-2023 Intel Guru Bruce [via WiserNow] ...as it is now – all redemption centers will be open for 15 days – from the first day of our exchanges – which it could be tomorrow [Friday] or it could be Saturday – or it could even be Sunday - should probably be Saturday...Iraq has done their thing. They put up a new currency on Sunday with new rates and that is continuing to go up and escalate. And I believe that they are on the forex and I don't know if our Forex can see it yet here. They have kept it from us for a long time. It would not surprise me if it's not visible here.
7-7-2023 Newshound Guru Paulette I do not see any reference to passing the final part of the HCL which we believe will be direct payments to the citizens. The only thing I see is the Oil and Gas Law which addresses the issues between Baghdad and Erbil.
7-7-2023 Newshound Guru Kaperoni They are making clear steps now to create an economy in Iraq. They are trying to get people who are not working, working and people who work for the government to the private sector.
7-7-2023 Intel Guru Frank26 Article: "Parliamentary efforts to legislate a law that will soon end the disputes between Baghdad and Erbil" Quote: "The oil and gas law is one of the important laws that falls within the government's priorities ...the law will be presented during the new legislative term." THE HCL IS THE KEY TO THE BUDGET & THE BUDGET IS THE KEY TO THE EXCHANGE RATE.
7-7-2023 Intel Guru MarkZ ...I'm not hearing anything negative...still hearing things are progressing nicely behind the scenes ...I continue to get a lot of anticipation from a couple of sources...for something happening next week...I don't know if we are ready yet but I do feel that we are close...if anything happens we will announce it.
7-7-2023 Newshound Guru Pimpy We know their foreign currency reserves are up that's one of the things that help it. We know that their gold reserves are up that's another thing that helps strengthen the currency. Governmental stability that has not been there for a long time, although this government looks pretty good.
7-7-2023 Newshound Guru Clare Article: "Parliamentary efforts to legislate a law that will soon end the disputes between Baghdad and Erbil" Quote: "The Parliamentary Oil, Gas and Natural Resources Committee revealed, on Wednesday, that the oil and gas law will be put forward during the next legislative term, considering its passage as a solution to all disputes between Baghdad and Erbil."
7-7-2023 Intel Guru Frank26 I don't want you to get overly excited about this XRP. And I don't want you to miss the value behind this XRP. This is a de-facto of a de-pegging of the American dollar...XRP is very good for the monetary reform of the Iraqi dinar no doubt because...this XRP system is showing the Iraqi dinar pairing with the Digital XRP but also with other currencies...XRP is an excellent tool for international trade. It's good for the Iraqi dinar that wants to float...nothing makes sense until we have the new exchange rate.
7-7-2023 Intel Guru Goldilocks Iraq has hired a Quality Control Consultant to give guidance to their banks in following the new ISO Compliance Standards. This will keep them compliant with updated changes that may take place to tweak our new monetary system. Iraq is truly complying with International Banking Standards that will enable them to be well-received in the global community.
7-7-2023 Newshound Guru Militia Man Al-Sudani had a request to come to America and they refused. What they wanted him to do was to complete a few things they felt he needed to accomplish. Washington still refuses to receive the Iraqi prime minister Al-Sudani...They wanted to see tangible achievement in the field of combating corruption...Second...to dismantle the popular crowd by merging military institutions, stripping the powers of the administrative and military leaders. Third, monitoring the movement of Iraqi money and not allowing foreign currency to be smuggled into Iran and Syria...Al-Sudani has apparently been given orders and it looks like he has taken to them quickly.
7-7-2023 Intel Guru Bruce [via WiserNow] ...as it is now – all redemption centers will be open for 15 days – from the first day of our exchanges – which it could be tomorrow [Friday] or it could be Saturday – or it could even be Sunday - should probably be Saturday...Iraq has done their thing. They put up a new currency on Sunday with new rates and that is continuing to go up and escalate. And I believe that they are on the forex and I don't know if our Forex can see it yet here. They have kept it from us for a long time. It would not surprise me if it's not visible here.
7-7-2023 Newshound Guru Paulette I do not see any reference to passing the final part of the HCL which we believe will be direct payments to the citizens. The only thing I see is the Oil and Gas Law which addresses the issues between Baghdad and Erbil.
7-7-2023 Newshound Guru Kaperoni They are making clear steps now to create an economy in Iraq. They are trying to get people who are not working, working and people who work for the government to the private sector.
7-7-2023 Intel Guru Frank26 Article: "Parliamentary efforts to legislate a law that will soon end the disputes between Baghdad and Erbil" Quote: "The oil and gas law is one of the important laws that falls within the government's priorities ...the law will be presented during the new legislative term." THE HCL IS THE KEY TO THE BUDGET & THE BUDGET IS THE KEY TO THE EXCHANGE RATE.
7-7-2023 Intel Guru MarkZ ...I'm not hearing anything negative...still hearing things are progressing nicely behind the scenes ...I continue to get a lot of anticipation from a couple of sources...for something happening next week...I don't know if we are ready yet but I do feel that we are close...if anything happens we will announce it.
7-7-2023 Newshound Guru Pimpy We know their foreign currency reserves are up that's one of the things that help it. We know that their gold reserves are up that's another thing that helps strengthen the currency. Governmental stability that has not been there for a long time, although this government looks pretty good.
7-7-2023 Newshound Guru Clare Article: "Parliamentary efforts to legislate a law that will soon end the disputes between Baghdad and Erbil" Quote: "The Parliamentary Oil, Gas and Natural Resources Committee revealed, on Wednesday, that the oil and gas law will be put forward during the next legislative term, considering its passage as a solution to all disputes between Baghdad and Erbil."
7-7-2023 Intel Guru Frank26 I don't want you to get overly excited about this XRP. And I don't want you to miss the value behind this XRP. This is a de-facto of a de-pegging of the American dollar...XRP is very good for the monetary reform of the Iraqi dinar no doubt because...this XRP system is showing the Iraqi dinar pairing with the Digital XRP but also with other currencies...XRP is an excellent tool for international trade. It's good for the Iraqi dinar that wants to float...nothing makes sense until we have the new exchange rate.
7-7-2023 Intel Guru Goldilocks Iraq has hired a Quality Control Consultant to give guidance to their banks in following the new ISO Compliance Standards. This will keep them compliant with updated changes that may take place to tweak our new monetary system. Iraq is truly complying with International Banking Standards that will enable them to be well-received in the global community.
7-6-2023 Intel Guru MarkZ [via PDK] My redemption contacts are all geared up and ready. They firmly believe they will be working hard at any moment. They think they may be working the next couple of weekends. We will see.
7-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying currency companies are requesting amendments to the currency auctions. FRANK: ...There are no currency auctions. There is no longer a way for you Iran to steal the money of Iraq. Sudani is not going to amend anything in the budget so we get the auctions back...
7-6-2023 Newshound Guru Sandy Ingram The Iraq-Qatar agreement was signed about 3 weeks ago...the impact is enormous and is one of the many reason we believe the IQD will float at a higher rate. Qatar and Iraq have signed what is considered an explosive agreement to establish 150,000 barrels per day oil refinery in Iraq...Qatar has the highest GDP per capita in the world, meaning Qatar is filthy rich as a country.
7-6-2023 Newshound Guru Breitling Question: "Iraq has banned the use of U.S. dollars in transactions personal and business in an effort to try to strengthen their dinar which is what we want...I see this as a real positive step toward the RV and I wondered if you did as well?" If it's true, it's a huge positive step... there's something that kind of scares me though. Countries will do all sorts of weird things trying to get the dollars from the population so they can use it themselves...right now it's just information. Don't get all your hopes [up] and hype it until it plays out...If they are limiting the use of the US dollar it's a big deal.
7-6-2023 Newshound Guru Kaperoni One of the biggest issues in Iraq is the physical paper. There can never be an increase in the value with that much paper in circulation...there's 90 trillion dinar or more in circulation. We always thought they would have to gradually reduce that in order to increase the value...They need to remove the dinar. They're going electronic with their currency and they're pulling in the physical paper money. That's not removing the money supply but it's converting it from paper to electronic...
7-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on television said the dollar exchange rate will decrease after Iraq catches and arrests all those responsible persons for the illegal trade of parallel markets in making the dollar rise. FRANK: Wow...nothing will happen without the new exchange rate. How do you get the new exchange rate? By controlling those that want to control the new exchange rate illegally...
7-6-2023 Newshound Guru Paulette Why does everybody keep talking about the "HCL is in the budget"? The only thing I have seen is the foundation for the Oil and Gas Law between Iraq and Kurdistan in the budget. This is not the HCL portion for the Citizens. They are two separate issues...
7-6-2023 Intel Guru MarkZ [via PDK] It’s still crazy quiet. I have been reassured that this is not a negative thing. Things appear to moving behind the scenes. But, they are clamping down on any leaks. This is a good thing. I believe this silence is a good thing right now...it appears we are very close due to the efforts they are using to keep things quiet. Most are under some type of NDA... I continue to hear our “window” is wide open now and they expect something within 10 days of the first of this month. We are now 6 days in.
7-6-2023 Newshound Guru Militia Man The hydrocarbon law/oil and gas law....is going to be based off what their exchange rate is and the value of oil...It will be put for a vote during the current parliamentary session...my assumption here is once they apply an international exchange rate they'll have the valuations they need to be able to complete the process...I think they have the support from around the world to be able to do that...
7-6-2023 Intel Guru Frank26 They were supposed to open the budget on Monday. They didn't. Why? Because we don't have the exchange rate yet. There's a lot of confusion...but everything that is confusing will become crystal clear with a new exchange rate...
7-6-2023 Newshound/Intel Guru Mnt Goat ...the CBI told me they were moving along and we should expect the rate in the US. But last Saturday I did finally get in contact with my CBI representative and I was told that the Oil and Gas law did impact the ability for the Central Bank to move ahead...the RV or Reinstatement has NOT occurred I can assure you with 1000% certainty. We still wait. Will the passing of the Oil and Gas law make any difference. To me it should since I also know it is a constitutional requirement and I was told a decade ago there will be no Reinstatement unless the Iraqi constitution is fully implemented and this law is such a critical law...
7-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying currency companies are requesting amendments to the currency auctions. FRANK: ...There are no currency auctions. There is no longer a way for you Iran to steal the money of Iraq. Sudani is not going to amend anything in the budget so we get the auctions back...
7-6-2023 Newshound Guru Sandy Ingram The Iraq-Qatar agreement was signed about 3 weeks ago...the impact is enormous and is one of the many reason we believe the IQD will float at a higher rate. Qatar and Iraq have signed what is considered an explosive agreement to establish 150,000 barrels per day oil refinery in Iraq...Qatar has the highest GDP per capita in the world, meaning Qatar is filthy rich as a country.
7-6-2023 Newshound Guru Breitling Question: "Iraq has banned the use of U.S. dollars in transactions personal and business in an effort to try to strengthen their dinar which is what we want...I see this as a real positive step toward the RV and I wondered if you did as well?" If it's true, it's a huge positive step... there's something that kind of scares me though. Countries will do all sorts of weird things trying to get the dollars from the population so they can use it themselves...right now it's just information. Don't get all your hopes [up] and hype it until it plays out...If they are limiting the use of the US dollar it's a big deal.
7-6-2023 Newshound Guru Kaperoni One of the biggest issues in Iraq is the physical paper. There can never be an increase in the value with that much paper in circulation...there's 90 trillion dinar or more in circulation. We always thought they would have to gradually reduce that in order to increase the value...They need to remove the dinar. They're going electronic with their currency and they're pulling in the physical paper money. That's not removing the money supply but it's converting it from paper to electronic...
7-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani on television said the dollar exchange rate will decrease after Iraq catches and arrests all those responsible persons for the illegal trade of parallel markets in making the dollar rise. FRANK: Wow...nothing will happen without the new exchange rate. How do you get the new exchange rate? By controlling those that want to control the new exchange rate illegally...
7-6-2023 Newshound Guru Paulette Why does everybody keep talking about the "HCL is in the budget"? The only thing I have seen is the foundation for the Oil and Gas Law between Iraq and Kurdistan in the budget. This is not the HCL portion for the Citizens. They are two separate issues...
7-6-2023 Intel Guru MarkZ [via PDK] It’s still crazy quiet. I have been reassured that this is not a negative thing. Things appear to moving behind the scenes. But, they are clamping down on any leaks. This is a good thing. I believe this silence is a good thing right now...it appears we are very close due to the efforts they are using to keep things quiet. Most are under some type of NDA... I continue to hear our “window” is wide open now and they expect something within 10 days of the first of this month. We are now 6 days in.
7-6-2023 Newshound Guru Militia Man The hydrocarbon law/oil and gas law....is going to be based off what their exchange rate is and the value of oil...It will be put for a vote during the current parliamentary session...my assumption here is once they apply an international exchange rate they'll have the valuations they need to be able to complete the process...I think they have the support from around the world to be able to do that...
7-6-2023 Intel Guru Frank26 They were supposed to open the budget on Monday. They didn't. Why? Because we don't have the exchange rate yet. There's a lot of confusion...but everything that is confusing will become crystal clear with a new exchange rate...
7-6-2023 Newshound/Intel Guru Mnt Goat ...the CBI told me they were moving along and we should expect the rate in the US. But last Saturday I did finally get in contact with my CBI representative and I was told that the Oil and Gas law did impact the ability for the Central Bank to move ahead...the RV or Reinstatement has NOT occurred I can assure you with 1000% certainty. We still wait. Will the passing of the Oil and Gas law make any difference. To me it should since I also know it is a constitutional requirement and I was told a decade ago there will be no Reinstatement unless the Iraqi constitution is fully implemented and this law is such a critical law...
7-5-2023 Intel Guru Frank26 There is no CBI talking. There is no article talking about the exchange rate. We don't see Alaq explaining about the de-dollarization, about the new currency, about the ATMs. In other words everything that was hot just this past week is not hot. It's back to the GOI. It's back to the budget...it's back to the reforms. All of that needs a new exchange rate.
7-5-2023 Newshound Guru Kaperoni With the new securities law eventually passed Iraq can end their currency auctions. They can begin to float the dinar and access to the principles of supply and demand. And of course transition to the IMF article VIII which has been an issue for a long time...
7-5-2023 Newshound Guru Pimpy It's looking very good for Iraq right now. It's sounds good, it looks good, but let's see if they can actually implement the things they need to and they actually do what they promise they are going to do...A stronger economy helps build a stronger dinar...
7-5-2023 Intel Guru MarkZ [via PDK] Question: Is the IQD $3.58 on forex? MarkZ: No it is not. It is listed…but not at an international rate yet. Just a place holder rate. If it was on forex…everyone would know it.
7-5-2023 Newshound Guru Paulette The full Oil and Gas Law is still in negotiations but the framework has been established in the budget and for the next three years..... I no longer care when they pass the full Oil and Gas Law unless I see something concerning...
7-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: Have they shown you the operations of the budget yet today? FIREFLY: They just started to analyze it and go over it. We believe throughout the week we will be getting more and more information about the budget as it sits. As far as the exchange rate - nothing yet on it.
7-5-2023 Newshound Guru Militia Man They've had problems with the parallel market which is an illegal market. It's the black market and they want that to cease to exist. They want to be able to be on the dollar only for foreign exchange. Internal, external, merchants, traders they want it to be in the dinar...their goal is to get price stability. I believe they are going do that. My view is changing the exchange rate to an Article VIII compliant currency accepted by the international world is going to make all the difference to the parallel market...
7-5-2023 Intel Guru MarkZ [via PDK] In Iraq the budget is passed, published and expected to be implemented anytime. Not quite certain what that means …My finance contact over there said don’t be worried about it…it doesn’t have anything to do with their ability to change the rate at this point. They have put everything into place...Expectations remain huge for today...
7-5-2023 Newshound Guru Clare Article: "Al-Nusairi: Iraq's accession to the World Trade Organization contributes to the development of the financial and banking system" Quote: "Al-Nusairi said that one of the most important returns and benefits achieved by the financial and banking system in Iraq from Iraq's accession as a full member of the World Trade Organization..." Question: ...did they just say they are a full member of the WTO? Clare: IMO YES...THAT'S WHAT HE MEANS! "from Iraq's accession as a full member"
7-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are being told about the budget but not in its entirety. Sudani wants to break it down and tell us about 10 different things that are in that budget. Apparently he wants some amendments or articles to be done. We're not sure if he's changing anything or if he's adding on to it. But he says it's for us, the Iraqi citizens. We believe him. We trust him and we're with him.
7-5-2023 Newshound/Intel Guru Mnt Goat Article: "Iraq: Accession to the World Trade Organization (WTO)" Quote: “Iraq’s accession as a full member of the World Trade Organization is regularity in the global financial system in accordance with the criteria for liberalizing financial services”. Then yet more of the same good news and I quote –“access to foreign transfers in foreign currency to the real beneficiary, and compliance with the standards of the global financial system”. Yes, Iraq is now a full member.
7-5-2023 Newshound Guru Kaperoni With the new securities law eventually passed Iraq can end their currency auctions. They can begin to float the dinar and access to the principles of supply and demand. And of course transition to the IMF article VIII which has been an issue for a long time...
7-5-2023 Newshound Guru Pimpy It's looking very good for Iraq right now. It's sounds good, it looks good, but let's see if they can actually implement the things they need to and they actually do what they promise they are going to do...A stronger economy helps build a stronger dinar...
7-5-2023 Intel Guru MarkZ [via PDK] Question: Is the IQD $3.58 on forex? MarkZ: No it is not. It is listed…but not at an international rate yet. Just a place holder rate. If it was on forex…everyone would know it.
7-5-2023 Newshound Guru Paulette The full Oil and Gas Law is still in negotiations but the framework has been established in the budget and for the next three years..... I no longer care when they pass the full Oil and Gas Law unless I see something concerning...
7-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: Have they shown you the operations of the budget yet today? FIREFLY: They just started to analyze it and go over it. We believe throughout the week we will be getting more and more information about the budget as it sits. As far as the exchange rate - nothing yet on it.
7-5-2023 Newshound Guru Militia Man They've had problems with the parallel market which is an illegal market. It's the black market and they want that to cease to exist. They want to be able to be on the dollar only for foreign exchange. Internal, external, merchants, traders they want it to be in the dinar...their goal is to get price stability. I believe they are going do that. My view is changing the exchange rate to an Article VIII compliant currency accepted by the international world is going to make all the difference to the parallel market...
7-5-2023 Intel Guru MarkZ [via PDK] In Iraq the budget is passed, published and expected to be implemented anytime. Not quite certain what that means …My finance contact over there said don’t be worried about it…it doesn’t have anything to do with their ability to change the rate at this point. They have put everything into place...Expectations remain huge for today...
7-5-2023 Newshound Guru Clare Article: "Al-Nusairi: Iraq's accession to the World Trade Organization contributes to the development of the financial and banking system" Quote: "Al-Nusairi said that one of the most important returns and benefits achieved by the financial and banking system in Iraq from Iraq's accession as a full member of the World Trade Organization..." Question: ...did they just say they are a full member of the WTO? Clare: IMO YES...THAT'S WHAT HE MEANS! "from Iraq's accession as a full member"
7-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are being told about the budget but not in its entirety. Sudani wants to break it down and tell us about 10 different things that are in that budget. Apparently he wants some amendments or articles to be done. We're not sure if he's changing anything or if he's adding on to it. But he says it's for us, the Iraqi citizens. We believe him. We trust him and we're with him.
7-5-2023 Newshound/Intel Guru Mnt Goat Article: "Iraq: Accession to the World Trade Organization (WTO)" Quote: “Iraq’s accession as a full member of the World Trade Organization is regularity in the global financial system in accordance with the criteria for liberalizing financial services”. Then yet more of the same good news and I quote –“access to foreign transfers in foreign currency to the real beneficiary, and compliance with the standards of the global financial system”. Yes, Iraq is now a full member.
7-4-2023 Intel Guru Frank26 Question: "Will the float go fast or slow?" IMO it's going to go at the speed of light. It's like a man that was in prison for 50 years and he comes out. He's going to do everything that he couldn't do in prison at the speed of light.
7-4-2023 Newshound/Intel Guru Walkingstick After the new exchange rate goes to 1 to 1 this 64 trillion dinar budget would be on par with 64 billion dinars. Notice that's dinars to dinars. That would be equivalent to $64 billion as well...
7-4-2023 Newshound Guru Sandy Ingram This is how your finances can change in one day...Here are two reason why the Swiss currency is so strong...Switzerland has a long history of low debt and fiscal responsibility. And the nation has hard assets such as gold reserves...What is the bottom line? Low debt and high gold reserves. According to Statista, Iraq has extremely high debt, the national debt is estimated at $210 billion US dollars by 2028. This is why Iraq booting its gold reserves by 2% in one day is breaking news and good news for Iraq...Once Iraq finds a path to reduce debt and increase revenue outside of the oil industry, its currency will increase in value. [Post 2 of 2]
7-4-2023 Newshound Guru Sandy Ingram Iraq made financial headlines when it boosted gold reserves by 2% in one day. To understand why this is major news, let's compare it to the fastest-growing currency against the US dollar, the Swiss frank. The rapid rise of the Swiss franc, happened in 2015. One single event is responsible for the Swiss franc blowing up. The Swiss National Bank suddenly withdrew the peg of 1.20 franks per euro on January 15, 20215. The central bank stated this was requested since the peg was no longer viable. In the immediate aftermath...the currency surged 30% against the euro and 25% against the US dollar. The decision shook the Forex market and put several foreign currency dealers out of business... [Post 1 of 2....stay tuned]
7-4-2023 Newshound Guru Pimpy When you learn about what strengthens a currency - Iraq doesn't have it. They don't have it at all. The fact that 95% of their entire budget is reliant on oil tells you right there alone the currency cannot be stable enough to increase in value. There needs to be more money generated inside Iraq through the private sector/public sector. It just can't all be oil...
7-4-2023 Intel Guru MarkZ [via PDK] Everyone I talked to is squarely expecting things to happen on the 5th. We will watch and see if anything happens in the morning...If by any chance we get breaking news today I will let you all know...Would be a good time to squeeze in the RV. Nobody is expecting it today.
7-4-2023 Newshound Guru Militia Man The budget is an investment budget and they have not exposed it yet. They've voted on it on the 12th last month, 21st went into the gazette and they still have not opened it...Vital project of getting their money and disbursements is what we're waiting for. What we're hoping and expecting to see is a change in the exchange rate will be applied to their budget which we believe there's a clause in the budget that allows for adjustments to the budget whenever necessary...
7-4-2023 Newshound/Intel Guru Mnt Goat I am attempting to stay in close contact with the CBI during this revaluation process. ...we still have not see any real news from the CBI (Ali Al-Alaq) itself on the project to delete the zeros. This project is pivotal in the revaluation and then the reinstatement...so why is the CBI staying so quite if they plan to reinstate the dinar anytime soon... I can’t figure out why the reinstatement has not already occurred. All the outward signs are way too obvious now. Is there still something to do? Since my contact in the CBI assured me the “green light” has been given a week ago why are we still sitting here? ...My only guess is that maybe the CBI wants to revalue one more time...closer to 1000?
7-4-2023 Intel Guru Frank26 The budget is not officially open to the world just yet...Sudani is working on the inners, is working on the exchange rate...the program rate is not enough gas in the tank to get the $63 trillion worth of projects done. Absolutely not. There's just no way possible.
7-4-2023 Intel Guru MarkZ [via PDK] From Iraq: “Parliamentary work-no increase in social benefit salaries and 600 thousand families will be included” What they are meaning is – in their budget they are going to increase the salaries for people on disability etc…so they haven’t increased the salaries yet but have added 600 thousand new families…this math does not work without a value change. We are watching as they are rolling out their new projects in Iraq and they are going to need the new rate.
7-4-2023 Newshound/Intel Guru Walkingstick After the new exchange rate goes to 1 to 1 this 64 trillion dinar budget would be on par with 64 billion dinars. Notice that's dinars to dinars. That would be equivalent to $64 billion as well...
7-4-2023 Newshound Guru Sandy Ingram This is how your finances can change in one day...Here are two reason why the Swiss currency is so strong...Switzerland has a long history of low debt and fiscal responsibility. And the nation has hard assets such as gold reserves...What is the bottom line? Low debt and high gold reserves. According to Statista, Iraq has extremely high debt, the national debt is estimated at $210 billion US dollars by 2028. This is why Iraq booting its gold reserves by 2% in one day is breaking news and good news for Iraq...Once Iraq finds a path to reduce debt and increase revenue outside of the oil industry, its currency will increase in value. [Post 2 of 2]
7-4-2023 Newshound Guru Sandy Ingram Iraq made financial headlines when it boosted gold reserves by 2% in one day. To understand why this is major news, let's compare it to the fastest-growing currency against the US dollar, the Swiss frank. The rapid rise of the Swiss franc, happened in 2015. One single event is responsible for the Swiss franc blowing up. The Swiss National Bank suddenly withdrew the peg of 1.20 franks per euro on January 15, 20215. The central bank stated this was requested since the peg was no longer viable. In the immediate aftermath...the currency surged 30% against the euro and 25% against the US dollar. The decision shook the Forex market and put several foreign currency dealers out of business... [Post 1 of 2....stay tuned]
7-4-2023 Newshound Guru Pimpy When you learn about what strengthens a currency - Iraq doesn't have it. They don't have it at all. The fact that 95% of their entire budget is reliant on oil tells you right there alone the currency cannot be stable enough to increase in value. There needs to be more money generated inside Iraq through the private sector/public sector. It just can't all be oil...
7-4-2023 Intel Guru MarkZ [via PDK] Everyone I talked to is squarely expecting things to happen on the 5th. We will watch and see if anything happens in the morning...If by any chance we get breaking news today I will let you all know...Would be a good time to squeeze in the RV. Nobody is expecting it today.
7-4-2023 Newshound Guru Militia Man The budget is an investment budget and they have not exposed it yet. They've voted on it on the 12th last month, 21st went into the gazette and they still have not opened it...Vital project of getting their money and disbursements is what we're waiting for. What we're hoping and expecting to see is a change in the exchange rate will be applied to their budget which we believe there's a clause in the budget that allows for adjustments to the budget whenever necessary...
7-4-2023 Newshound/Intel Guru Mnt Goat I am attempting to stay in close contact with the CBI during this revaluation process. ...we still have not see any real news from the CBI (Ali Al-Alaq) itself on the project to delete the zeros. This project is pivotal in the revaluation and then the reinstatement...so why is the CBI staying so quite if they plan to reinstate the dinar anytime soon... I can’t figure out why the reinstatement has not already occurred. All the outward signs are way too obvious now. Is there still something to do? Since my contact in the CBI assured me the “green light” has been given a week ago why are we still sitting here? ...My only guess is that maybe the CBI wants to revalue one more time...closer to 1000?
7-4-2023 Intel Guru Frank26 The budget is not officially open to the world just yet...Sudani is working on the inners, is working on the exchange rate...the program rate is not enough gas in the tank to get the $63 trillion worth of projects done. Absolutely not. There's just no way possible.
7-4-2023 Intel Guru MarkZ [via PDK] From Iraq: “Parliamentary work-no increase in social benefit salaries and 600 thousand families will be included” What they are meaning is – in their budget they are going to increase the salaries for people on disability etc…so they haven’t increased the salaries yet but have added 600 thousand new families…this math does not work without a value change. We are watching as they are rolling out their new projects in Iraq and they are going to need the new rate.
7-3-2023 Intel Guru Frank26 Question "We're gonna see the 800 number soon Frank?" There is no 800 number...you want an 800 number? Take your credit cared, turn it around...there's the 800 number for your bank. Call them when this thing happens and see what their rate is. Want a universal 800#? Call the U.S. Treasury...don't do it now! Wait till it happens. But for there to be 1 number for every bank, every exchange institution, that's an insanity even to consider. [Note: Whether there are safe 800#s or 800#s to avoid like the plague because they're a security risk to you and your family - you will be alerted - Join the Dinar Guru Alert list in the blue box at the top of this page..it's free!]
7-3-2023 Newshound Guru Pimpy I agree it would be nice if they had a stronger currency. I think it'd be more helpful. They just don't have the right things in place in order for them to jump up to a high exchange rate. That's why I said you're going to see them doing it in increments. It's impossible for them to jump right into $3.22...All it takes is one small thing to happen within the oil market and it would totally collapse the entire economy.
7-3-2023 Newshound Guru Kaperoni We expect the dinar to rise gradually as a result of the success and growth of their economy as a result of the private sector investment and the increase in their own GDP Iraq would make the dinar the main currency in Iraq which they're beginning to do. They need to continue this transition to the digital dinar...
7-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is unlikely this budget is 65 trillion dinars. It's more in the billions. We simply wait for the budget to show us a new exchange rate...it's all in the accounting. They can change the rate at a moments notice just like that and they're prepared to do it...if you don't see a new exchange rate in the budget yet no worries. But the budget is impossible at a program rate. We know this for a fact.
7-3-2023 Newshound Guru Clare "Exchange companies are preparing for a major demonstration tomorrow, Monday " Quote: "The owners of exchange companies announced that they will stage a demonstration on the third of July in front of the Central Bank gate on Al-Rasheed Street, to demand a change in the bank's policy, which they described as wrong."
7-3-2023 Newshound Guru Militia Man There's some squabbling going on who's going to control the Iraq exchange rate that's been going on in the parallel market...they have to change some things because it hasn't been quite working ...What would cure the parallel market is obvious to everybody. It's an exchange rate change. Something significantly stronger than the dollar would clear it up...They've said yesterday the situation has become more urgent to adopt new approaches that focus on blocking illegal channels and providing the facilities and flexibility required for legitimate currency trading markets.
7-3-2023 Intel Guru MarkZ ...everyone is sitting at the ready…and the anticipation on the banking side as of yesterday they are still expecting some kind of announcement this week…they don’t know what that means as to when we go in…but, they have anticipation. We all hope it is accurate. ...I think its highly “doable” and reasonable we see an announcement this week.
7-3-2023 Intel Guru Frank26 All of you that are going to exchange your dinars into American dollars, where are those dinars going? Into our U.S. Treasury. You think we can pay off the deficit? Yeah in a blink of an eye...
7-3-2023 Newshound Guru Pimpy In the 1930's...You used to be able to get $4.86 for every Iraqi dinar you had. This continued on up until...1950's. Then all of a sudden the value started to go down for decades. Once you got to about 1971...$2.80...Then it went back up...$3.22...Then in 1973...$3.39. This continued to about 1980...and has been in a steady decline ever since...
7-3-2023 Intel Guru yada Fear not! This currency will change because the demands of the budget will require it. It will not and can not operate successfully at 1300-1.
7-3-2023 Newshound Guru Pimpy I agree it would be nice if they had a stronger currency. I think it'd be more helpful. They just don't have the right things in place in order for them to jump up to a high exchange rate. That's why I said you're going to see them doing it in increments. It's impossible for them to jump right into $3.22...All it takes is one small thing to happen within the oil market and it would totally collapse the entire economy.
7-3-2023 Newshound Guru Kaperoni We expect the dinar to rise gradually as a result of the success and growth of their economy as a result of the private sector investment and the increase in their own GDP Iraq would make the dinar the main currency in Iraq which they're beginning to do. They need to continue this transition to the digital dinar...
7-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is unlikely this budget is 65 trillion dinars. It's more in the billions. We simply wait for the budget to show us a new exchange rate...it's all in the accounting. They can change the rate at a moments notice just like that and they're prepared to do it...if you don't see a new exchange rate in the budget yet no worries. But the budget is impossible at a program rate. We know this for a fact.
7-3-2023 Newshound Guru Clare "Exchange companies are preparing for a major demonstration tomorrow, Monday " Quote: "The owners of exchange companies announced that they will stage a demonstration on the third of July in front of the Central Bank gate on Al-Rasheed Street, to demand a change in the bank's policy, which they described as wrong."
7-3-2023 Newshound Guru Militia Man There's some squabbling going on who's going to control the Iraq exchange rate that's been going on in the parallel market...they have to change some things because it hasn't been quite working ...What would cure the parallel market is obvious to everybody. It's an exchange rate change. Something significantly stronger than the dollar would clear it up...They've said yesterday the situation has become more urgent to adopt new approaches that focus on blocking illegal channels and providing the facilities and flexibility required for legitimate currency trading markets.
7-3-2023 Intel Guru MarkZ ...everyone is sitting at the ready…and the anticipation on the banking side as of yesterday they are still expecting some kind of announcement this week…they don’t know what that means as to when we go in…but, they have anticipation. We all hope it is accurate. ...I think its highly “doable” and reasonable we see an announcement this week.
7-3-2023 Intel Guru Frank26 All of you that are going to exchange your dinars into American dollars, where are those dinars going? Into our U.S. Treasury. You think we can pay off the deficit? Yeah in a blink of an eye...
7-3-2023 Newshound Guru Pimpy In the 1930's...You used to be able to get $4.86 for every Iraqi dinar you had. This continued on up until...1950's. Then all of a sudden the value started to go down for decades. Once you got to about 1971...$2.80...Then it went back up...$3.22...Then in 1973...$3.39. This continued to about 1980...and has been in a steady decline ever since...
7-3-2023 Intel Guru yada Fear not! This currency will change because the demands of the budget will require it. It will not and can not operate successfully at 1300-1.
7-2-2023 Intel Guru Frank26 Have you picked up the pattern...? We're talking about the national currency of Iraq. Not the program 3-zero punished currency they have. We're talking about the national currency with the new exchange rate that is soon to come to the citizens of Iraq as promised by the CBI and Sudani. This is the vehicle they will use to go international. To float. To trade. To gain value for the Iraqi dinar.
7-2-2023 Newshound Guru Pimpy Article: "Top 10 weakest Currencies in The World In 2023" As you go down the list Iran [#1] is one of them, which is not surprising. They're going through sanctions. Vietnam dong is the other one [#2]...Quote: "The currency is highly devalued currently but the chances are high for the currency improving considering the improvement in the economy." Did you see that? This is coming from Forbes. May 5, 2023...Iraqi dinar is 10th on the list...As you get their ducks in a row you're going to start to see the value of their currency increase...
7-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] Now that the budget is in the Gazette what's next? To show the new exchange rate. If the rate is not in the budget remember they can change it at any moment because this budget has already been calculated for the 45 trillion dinar required. IMSO 1300 is not the rate of this budget. What is the rate of the budget? To go from trillions to billions.
7-2-2023 Newshound Guru Militia Man They're saying Iraq ranks ninth in the world, that their raw wealth exceeds $15 trillion. That's massive...And they have a currency exchange rate at 1310? ...the Real Effective Exchange Rate is not 1310...this is the first time I ever recall Salih or anybody else come out and say Iraq's value [$15 Trillion]. What they're doing to me in my view is they're supporting they're going to make a move and they're giving justification why they can support a Real Effective Exchange Rate.
7-2-2023 Intel Guru Frank26 Question: "Will you hold them [Iraqi dinars] or exchange them right away?" I will exchange maybe 10% of what I've got and hold on to the rest of it as I watch it slowly increase during the float... [NOTE: At the appropriate time, consult your financial advisors to build the best exchange strategy for your unique circumstances.]
7-2-2023 Newshound Guru Kaperoni The Securities law will soon be before the House of Representative. This is something we've been talking about for a couple of years...I thought that was great because if they're going to activate the Iraq Stock Exchange for international transactions it's a big deal...this opens the door for so many things that are directly related to the dinar.
7-2-2023 Newshound Guru Clare Article: "Advisor to the Prime Minister: The market value of Iraq's raw wealth exceeds $15 trillion" Quote: “Iraq is one of the most important countries in the world, if not at the forefront of nations rich in natural resources or raw materials within the scope of the international classification of resources on the globe,"
7-2-2023 Intel Guru Frank26 They are de-dollarizing Iraq. Why are they lowing the exchange rate of the American dollar? You automatically increase the exchange rate of the Iraqi dinar...the national sovereign currency of that country.
7-2-2023 Newshound/Intel Guru Mnt Goat article from Dec 15, 2021: "MUDHHER SALIH, OUTLINED THE IMPORTANCE OF THE WHITE PAPER
AND ITS REFLECTION ON THE ECONOMIC REALITY" I will remind you once again it’s the White Paper that is going to get us to the reinstatement ... I also point out the clause that says they intend to move back to FOREX or a FOREX like global trading platform for the currency. Folks if you have been following the news since January you can clearly see the parallels from what is happening on the ground to this plan...it is moving ahead.
7-2-2023 Newshound Guru Pimpy Question: "Is Iraq and the CBI collecting 3-zero notes?" No they're not collecting them right now. If they were there'd be a redenomination...trust me we don't want to go that route if we can avoid it. I prefer the exchange rate happen in increments and they slowly remove the higher denomination. This way we benefit from a higher exchange rate.
7-2-2023 Newshound Guru Militia Man Member Question: Does a contract rate make sense when it is time to exchange …or do you think its just going to be an international rate? Militia Man: I have heard lots of different things on that…personally I think we are going to see one exchange rate that’s going to be managed by the CBI and central banks in the region...
7-2-2023 Newshound Guru Pimpy Article: "Top 10 weakest Currencies in The World In 2023" As you go down the list Iran [#1] is one of them, which is not surprising. They're going through sanctions. Vietnam dong is the other one [#2]...Quote: "The currency is highly devalued currently but the chances are high for the currency improving considering the improvement in the economy." Did you see that? This is coming from Forbes. May 5, 2023...Iraqi dinar is 10th on the list...As you get their ducks in a row you're going to start to see the value of their currency increase...
7-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] Now that the budget is in the Gazette what's next? To show the new exchange rate. If the rate is not in the budget remember they can change it at any moment because this budget has already been calculated for the 45 trillion dinar required. IMSO 1300 is not the rate of this budget. What is the rate of the budget? To go from trillions to billions.
7-2-2023 Newshound Guru Militia Man They're saying Iraq ranks ninth in the world, that their raw wealth exceeds $15 trillion. That's massive...And they have a currency exchange rate at 1310? ...the Real Effective Exchange Rate is not 1310...this is the first time I ever recall Salih or anybody else come out and say Iraq's value [$15 Trillion]. What they're doing to me in my view is they're supporting they're going to make a move and they're giving justification why they can support a Real Effective Exchange Rate.
7-2-2023 Intel Guru Frank26 Question: "Will you hold them [Iraqi dinars] or exchange them right away?" I will exchange maybe 10% of what I've got and hold on to the rest of it as I watch it slowly increase during the float... [NOTE: At the appropriate time, consult your financial advisors to build the best exchange strategy for your unique circumstances.]
7-2-2023 Newshound Guru Kaperoni The Securities law will soon be before the House of Representative. This is something we've been talking about for a couple of years...I thought that was great because if they're going to activate the Iraq Stock Exchange for international transactions it's a big deal...this opens the door for so many things that are directly related to the dinar.
7-2-2023 Newshound Guru Clare Article: "Advisor to the Prime Minister: The market value of Iraq's raw wealth exceeds $15 trillion" Quote: “Iraq is one of the most important countries in the world, if not at the forefront of nations rich in natural resources or raw materials within the scope of the international classification of resources on the globe,"
7-2-2023 Intel Guru Frank26 They are de-dollarizing Iraq. Why are they lowing the exchange rate of the American dollar? You automatically increase the exchange rate of the Iraqi dinar...the national sovereign currency of that country.
7-2-2023 Newshound/Intel Guru Mnt Goat article from Dec 15, 2021: "MUDHHER SALIH, OUTLINED THE IMPORTANCE OF THE WHITE PAPER
AND ITS REFLECTION ON THE ECONOMIC REALITY" I will remind you once again it’s the White Paper that is going to get us to the reinstatement ... I also point out the clause that says they intend to move back to FOREX or a FOREX like global trading platform for the currency. Folks if you have been following the news since January you can clearly see the parallels from what is happening on the ground to this plan...it is moving ahead.
7-2-2023 Newshound Guru Pimpy Question: "Is Iraq and the CBI collecting 3-zero notes?" No they're not collecting them right now. If they were there'd be a redenomination...trust me we don't want to go that route if we can avoid it. I prefer the exchange rate happen in increments and they slowly remove the higher denomination. This way we benefit from a higher exchange rate.
7-2-2023 Newshound Guru Militia Man Member Question: Does a contract rate make sense when it is time to exchange …or do you think its just going to be an international rate? Militia Man: I have heard lots of different things on that…personally I think we are going to see one exchange rate that’s going to be managed by the CBI and central banks in the region...
7-1-2023 Intel Guru Frank26 Between me and you when has the government ever done you a favor? When have they said, 'Oh, keep it all. Knock yourself out.' Never. So don't lie to yourself. Prepare yourself. You know there's a car coming at you at 100 MPH step on the brakes now not when it hits you. [NOTE: At the appropriate time speak with your tax advisors to be sure you pay the correct taxes for your unique circumstances.]
7-1-2023 Newshound Guru Pimpy People keep saying Iraq can't do this total rebuilding without changing the exchange rate. I was thinking the same thing too. And it was with good reason. They could really benefit from that but the more research you do into a currency exchange rate and the things that are necessary that support it the more you realize Iraq is severely lacking in almost everything. The only thing they have is oil behind it. I know there's people out there telling you oil should be good enough. No it's not.
7-1-2023 Guru Nader From The Mid East I heard one of the major banks in the United States is gonna go there [ Iraq ]. I'm not gonna say the name because I'm not sure yet. When I'm sure I'll let you know. I heard one of the major bank in the United States it's gonna be in Iraq ...they're gonna open banks in Iraq .
7-1-2023 Newshound Guru Paulette The issue is freedom of movement of capital. That is what will open Iraq to the world. Go Article VIII announcement Go RI. This is at the discretion of the IMF. In the meantime, I hope Iraq restructures their currency very soon. This is a CBI function and at their discretion.
7-1-2023 Intel Guru Bruce [via WiserNow] As far as Iraq is concerned, they are wrapping up their Eid on Sunday. We have a new rate from Iraq coming out and the Iraq dinar - the new Iraqi dinar - will be on the Forex Sunday evening at five o'clock and we would be able to see it here. If you're a Forex person, you could see it...It's been on there and it's been trading, but it's been blocked for the United States. Now my understanding is that Sunday at five o'clock if you're a subscriber to Forex, that would come off and you would be able to witness the rate and see the trading that's going on with the Iraqi dinar starting around five o'clock - On Sunday, the second of July.
7-1-2023 Newshound Guru Kaperoni Community comment "Iraq should have a tradable currency before they join the WTO." They already do! The dinar is globally tradable. The problem is no banks want to deal with it until Iraq's central bank is in compliance with other world Banks under IMF Article VIII.
7-1-2023 Newshound/Intel Guru Mnt Goat Parliament is now on recess until after Eid holiday. When they come back the focus is said to be all about two issues. How to solve the budget deficit without borrowing money and to get the Oil and Gas law passed and implemented...Seems now there is a new ignited will to get it done...I will be calling my contact in Iraq CBI and getting the full scoop, I hope, on why we have not seen the reinstatement and project to delete the zeros as they told me it would occur this week sometime. I will be asking if it is the Oil and Gas law holding it up or what? But something is holding it up, obviously.
7-1-2023 Newshound Guru Pimpy The WTO isn't going to let them in unless they change their exchange rate. That's false...They have many members in there with even worse currencies than the Iraqi dinar...Vietnam is one of the members and they've been in there since 1950...For every US dollar you get 23,540 Vietnam dong. To say they have to increase your exchange rate in order to be a member of the WTO is false.
7-1-2023 Newshound Guru Clare "After the end of its recess, the House of Representatives is preparing to pass 3 prominent laws" Quote: "Parliamentary committees intend, after the end of the legislative recess, to pass the Communications Law, the Investment Law, and the National Security Law, all of which serve the citizens."
7-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talking about after the EID holiday instructions on the budget will be given to all citizens...
7-1-2023 Intel Guru MarkZ [via PDK] I am very confident the...the dong will go at the same time as the dinar.
7-1-2023 Newshound Guru Militia Man Member Question: So whats the major hold up? Or is it just the process playing out? Militia Man: I think it’s just the process playing out. This is one of the biggest things I have ever seen in my lifetime...all coming together. All the electronic platforms...the new Iso2022 system…the new ATFX ready to go for forex currency trading and pairing… Its now 2023 and Iraq has a 3 year budget for the first time ever…Ali Alaq came back from the AMF (Arab Monetary Fund?) to get this RV off the ground because the guy before him didn’t get it done. This is all coming to an end. There is no hold up- just the process coming to an end. ...Everyone seems happy and we will be on pins and needles…hopefully between now and the third they will showcase this country.
7-1-2023 Newshound Guru Pimpy People keep saying Iraq can't do this total rebuilding without changing the exchange rate. I was thinking the same thing too. And it was with good reason. They could really benefit from that but the more research you do into a currency exchange rate and the things that are necessary that support it the more you realize Iraq is severely lacking in almost everything. The only thing they have is oil behind it. I know there's people out there telling you oil should be good enough. No it's not.
7-1-2023 Guru Nader From The Mid East I heard one of the major banks in the United States is gonna go there [ Iraq ]. I'm not gonna say the name because I'm not sure yet. When I'm sure I'll let you know. I heard one of the major bank in the United States it's gonna be in Iraq ...they're gonna open banks in Iraq .
7-1-2023 Newshound Guru Paulette The issue is freedom of movement of capital. That is what will open Iraq to the world. Go Article VIII announcement Go RI. This is at the discretion of the IMF. In the meantime, I hope Iraq restructures their currency very soon. This is a CBI function and at their discretion.
7-1-2023 Intel Guru Bruce [via WiserNow] As far as Iraq is concerned, they are wrapping up their Eid on Sunday. We have a new rate from Iraq coming out and the Iraq dinar - the new Iraqi dinar - will be on the Forex Sunday evening at five o'clock and we would be able to see it here. If you're a Forex person, you could see it...It's been on there and it's been trading, but it's been blocked for the United States. Now my understanding is that Sunday at five o'clock if you're a subscriber to Forex, that would come off and you would be able to witness the rate and see the trading that's going on with the Iraqi dinar starting around five o'clock - On Sunday, the second of July.
7-1-2023 Newshound Guru Kaperoni Community comment "Iraq should have a tradable currency before they join the WTO." They already do! The dinar is globally tradable. The problem is no banks want to deal with it until Iraq's central bank is in compliance with other world Banks under IMF Article VIII.
7-1-2023 Newshound/Intel Guru Mnt Goat Parliament is now on recess until after Eid holiday. When they come back the focus is said to be all about two issues. How to solve the budget deficit without borrowing money and to get the Oil and Gas law passed and implemented...Seems now there is a new ignited will to get it done...I will be calling my contact in Iraq CBI and getting the full scoop, I hope, on why we have not seen the reinstatement and project to delete the zeros as they told me it would occur this week sometime. I will be asking if it is the Oil and Gas law holding it up or what? But something is holding it up, obviously.
7-1-2023 Newshound Guru Pimpy The WTO isn't going to let them in unless they change their exchange rate. That's false...They have many members in there with even worse currencies than the Iraqi dinar...Vietnam is one of the members and they've been in there since 1950...For every US dollar you get 23,540 Vietnam dong. To say they have to increase your exchange rate in order to be a member of the WTO is false.
7-1-2023 Newshound Guru Clare "After the end of its recess, the House of Representatives is preparing to pass 3 prominent laws" Quote: "Parliamentary committees intend, after the end of the legislative recess, to pass the Communications Law, the Investment Law, and the National Security Law, all of which serve the citizens."
7-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talking about after the EID holiday instructions on the budget will be given to all citizens...
7-1-2023 Intel Guru MarkZ [via PDK] I am very confident the...the dong will go at the same time as the dinar.
7-1-2023 Newshound Guru Militia Man Member Question: So whats the major hold up? Or is it just the process playing out? Militia Man: I think it’s just the process playing out. This is one of the biggest things I have ever seen in my lifetime...all coming together. All the electronic platforms...the new Iso2022 system…the new ATFX ready to go for forex currency trading and pairing… Its now 2023 and Iraq has a 3 year budget for the first time ever…Ali Alaq came back from the AMF (Arab Monetary Fund?) to get this RV off the ground because the guy before him didn’t get it done. This is all coming to an end. There is no hold up- just the process coming to an end. ...Everyone seems happy and we will be on pins and needles…hopefully between now and the third they will showcase this country.
6-30-2023 Intel Guru Frank26 Article: "What is the central bank aiming at by merging exchange companies?" For introduction of the NSCN's and a new exchange rate internationally.
6-30-2023 Newshound Guru Pimpy Article: "US dollar Exchange Rate Decreases Against Iraqi Dinar in Baghdad and Erbil" This is exactly the right direction you want to go. The US dollar to decrease against the Iraqi dinar. This rate here is the parallel rate - not the fixed rate. This is the parallel rate... "recorded an exchange rate of 1473 dinars against the US dollar."
6-30-2023 Intel Guru RayRen98 BANKS ARE XCITED...AGENCIES ARE XCITED...IRAQIS ARE XCITED...AND PRETTY SOON "YOU" WILL BE XCITED! $$$$$$$$$...
6-30-2023 Newshound Guru Jeff The majority of the investors in this investment have a theory and a conclusion that the implementation of the budget just magically changes the rate. The budget is an approved law. They approved the dinar at a value of 1300 per dollar inside that budget. Iraq has never magically changed...any aspect of a law...It's not gonna happen. There's no way an approved law can magically change the rate by snapping your fingers.
6-30-2023 Intel Guru Bruce [via WiserNow] Well, it appears that the Fifth of July is the first day that we should go in for exchanges...our notifications could come out Saturday, Sunday or Monday, set our appointments and then start on Wednesday, the fifth with appointments with our exchange appointments ... My personal feeling is it'll probably come out Monday... Redemption center staff is up to speed. They know what's going on. And they're ready to go...I really believe that everything has moved to a place where now it's time for this to go...this could be a beautiful start to our new future.
6-30-2023 Newshound Guru Militia Man Article "British report: Iraq's economic growth has led to a dramatic improvement in the reality of cities" Those that seem to think Iraq is not going places has another thing coming. They are about to show case themselves to the world even more now than ever before. This article shows that the world is watching and acting on their assessment of Iraq's new found security and stability...The 2023-2024-2025 budget will jump start the next three years like we have never seen before. Again, those that seem to say this is a nothing burger are highly misguided and uneducated in the on goings with Iraq and the world's relationship with Iraq going forward.
6-30-2023 Intel Guru Goldilocks Iraq...and Vietnam have completed Article 4 with the IMF and are capable of moving forward with their currency reforms... We will see some movement in July with our currencies...
6-30-2023 Newshound/Intel Guru Walkingstick This ATFX is just another vehicle for the new IQD...new exchange rate, lower denoms, to leave its borders and to gain value. This is not big. This is immensely huge.
6-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The advisor to Al-Sudani is on television talking about the factors to stabilize the purchasing power of the Iraqi dinar. This is the monetary reform a lot louder to us. We are understanding what they want to do and how they stabilize our currency. It is going to be with a new currency with a new exchange rate. FRANK: Wow! Do you understand the power behind this new national currency with the new exchange rate? It's going to explode the online trading sites they talk to you about today. The dinar is being put into position to gain value around the world. This is amazing what is happening. All this information being thrown at you from their infomercials.
6-30-2023 Newshound Guru Kaperoni A support committee working to change the exchange rate in Iraq. Nonsense. The official statement from the committee states they aim to support the dinar, making it the primary currency in transactions working to achieving price stability. Sounds to me this committee is just an extension of the CBI working to meet compliance with the IMF.
6-30-2023 Newshound Guru Pimpy Question: "What is the ATFX?" Just another company that provides services to individuals. They're almost the same as a Forex. Forex is when they do currency pairing...The AFTX does the same thing...All they did was launch services in Iraq. But as far as the services they provide other companies have been there longer than they have providing the same services...I know somebody's out there saying this is going to change the exchange rate, no it's not. It's just another option for Iraq people. They already have Forex broker there. No big deal.
6-30-2023 Newshound/Intel Guru RVAlready Everything seems to be lining up. I can’t tell the exact timing, but,... It is sure going to be an interesting few days.
6-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see ATFX on the news right now. They're saying they are the leader in the global online trading. They say they're joining up with all the banks in Iraq. They say they've been an online leader in the trade with Jordon for many years and they say ATFX is opening in Iraq.
6-30-2023 Newshound/Intel Guru Mnt Goat On my normal Saturday call with my CBI contact...It was told to me that the US banks should expect to see a rate change this week. Really? I said, we are that close? I was told “yes”...
6-30-2023 Newshound Guru Pimpy Article: "US dollar Exchange Rate Decreases Against Iraqi Dinar in Baghdad and Erbil" This is exactly the right direction you want to go. The US dollar to decrease against the Iraqi dinar. This rate here is the parallel rate - not the fixed rate. This is the parallel rate... "recorded an exchange rate of 1473 dinars against the US dollar."
6-30-2023 Intel Guru RayRen98 BANKS ARE XCITED...AGENCIES ARE XCITED...IRAQIS ARE XCITED...AND PRETTY SOON "YOU" WILL BE XCITED! $$$$$$$$$...
6-30-2023 Newshound Guru Jeff The majority of the investors in this investment have a theory and a conclusion that the implementation of the budget just magically changes the rate. The budget is an approved law. They approved the dinar at a value of 1300 per dollar inside that budget. Iraq has never magically changed...any aspect of a law...It's not gonna happen. There's no way an approved law can magically change the rate by snapping your fingers.
6-30-2023 Intel Guru Bruce [via WiserNow] Well, it appears that the Fifth of July is the first day that we should go in for exchanges...our notifications could come out Saturday, Sunday or Monday, set our appointments and then start on Wednesday, the fifth with appointments with our exchange appointments ... My personal feeling is it'll probably come out Monday... Redemption center staff is up to speed. They know what's going on. And they're ready to go...I really believe that everything has moved to a place where now it's time for this to go...this could be a beautiful start to our new future.
6-30-2023 Newshound Guru Militia Man Article "British report: Iraq's economic growth has led to a dramatic improvement in the reality of cities" Those that seem to think Iraq is not going places has another thing coming. They are about to show case themselves to the world even more now than ever before. This article shows that the world is watching and acting on their assessment of Iraq's new found security and stability...The 2023-2024-2025 budget will jump start the next three years like we have never seen before. Again, those that seem to say this is a nothing burger are highly misguided and uneducated in the on goings with Iraq and the world's relationship with Iraq going forward.
6-30-2023 Intel Guru Goldilocks Iraq...and Vietnam have completed Article 4 with the IMF and are capable of moving forward with their currency reforms... We will see some movement in July with our currencies...
6-30-2023 Newshound/Intel Guru Walkingstick This ATFX is just another vehicle for the new IQD...new exchange rate, lower denoms, to leave its borders and to gain value. This is not big. This is immensely huge.
6-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The advisor to Al-Sudani is on television talking about the factors to stabilize the purchasing power of the Iraqi dinar. This is the monetary reform a lot louder to us. We are understanding what they want to do and how they stabilize our currency. It is going to be with a new currency with a new exchange rate. FRANK: Wow! Do you understand the power behind this new national currency with the new exchange rate? It's going to explode the online trading sites they talk to you about today. The dinar is being put into position to gain value around the world. This is amazing what is happening. All this information being thrown at you from their infomercials.
6-30-2023 Newshound Guru Kaperoni A support committee working to change the exchange rate in Iraq. Nonsense. The official statement from the committee states they aim to support the dinar, making it the primary currency in transactions working to achieving price stability. Sounds to me this committee is just an extension of the CBI working to meet compliance with the IMF.
6-30-2023 Newshound Guru Pimpy Question: "What is the ATFX?" Just another company that provides services to individuals. They're almost the same as a Forex. Forex is when they do currency pairing...The AFTX does the same thing...All they did was launch services in Iraq. But as far as the services they provide other companies have been there longer than they have providing the same services...I know somebody's out there saying this is going to change the exchange rate, no it's not. It's just another option for Iraq people. They already have Forex broker there. No big deal.
6-30-2023 Newshound/Intel Guru RVAlready Everything seems to be lining up. I can’t tell the exact timing, but,... It is sure going to be an interesting few days.
6-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see ATFX on the news right now. They're saying they are the leader in the global online trading. They say they're joining up with all the banks in Iraq. They say they've been an online leader in the trade with Jordon for many years and they say ATFX is opening in Iraq.
6-30-2023 Newshound/Intel Guru Mnt Goat On my normal Saturday call with my CBI contact...It was told to me that the US banks should expect to see a rate change this week. Really? I said, we are that close? I was told “yes”...
6-29-2023 Guest Guru KajunRedBull The words for today, "Oil for Dinars!" ...just an FYI, The ATFX is an international currency exchange that is open for business in Iraq today. Now as countries from around the world spend their money to purchase oil from Iraq they will go through this exchange to have their currency exchanged for Dinars to get the oil. This of course drives the value of the dinar up,Up,UP!
6-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There is a dinar support committee working on changes to the exchange rate.
6-29-2023 Newshound Guru Pimpy To say they can't function without a higher exchange rate is false. They have been functioning as a country without a huge exchange rate for 20+ years. That's why the budget it done in trillions. They've already done the calculations necessary to do what they need to do in their country using the current exchange rate. Yes they could benefit from an increase in exchange rate but nothing supports the currency outside of oil...
6-29-2023 Intel Guru yada the first line item of the approved budget is the ability to adjust the rate. NOW they are moving the funds to the appropriate ministries and once in place, they will reissue the rate because none of this change and progress will be completed with a program rate of 1300...
6-29-2023 Newshound Guru Kaperoni Iraq will not continue to live with a weak exchange rate. But if and when it ever rises, it will be based on their own economic growth. Not a random act.
6-29-2023 Newshound Guru Militia Man We've all been waiting for the potential of Iraq's currency to get to the Forex...ATFX is a global leader in online trading. They celebrated...today's launch of its operations in Iraq...I think the Azure bank is going to be a market maker for part of this...They not only trade currency pairs but they do precious metals...energy...indices etc. Everything is coming to a head that they're going to be able to do Forex trading. They are openly talking about it.
6-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are going to be giving instructions on the budget all week prior to it going live after EID. FRANK: This is the monetary reform education at its highest point...
6-29-2023 Intel Guru MarkZ [via PDK] Lot of international stuff happening in Iraq- Which doesn’t make much sense for a country without an international currency. Article came out- “ATFX Launches operations in Iraq with Asure bank” They certainly act like they are international...It is clearly showing us where they are at and progress...
6-29-2023 Newshound/Intel Guru Walkingstick ATFX, pretty good huh? This is not big. This is immensely huge...ATFX is an online exchange company that trades gold, silver, stocks, crypto, foreign currency, indices. This is impressive.
6-29-2023 Newshound Guru Pimpy Article: "With its entry into force A high source rules out budget challenge" Even though the budget gets passed before it gets posted...members of parliament have an opportunity to challenge it but once it's posted in the gazette that's it. They expected some challenges but that did not happen.
6-29-2023 Newshound Guru Clare Article: "ATFX Launches Operations In Iraq With Ashur Bank Partnership" Quote: "UK-based online trading and foreign exchange company ATFX has announced the start of operations in Iraq, in partnership with Iraq's Ashur Bank."
6-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI says the ATFX has been launched Today in Iraq for the very first time. It's up and running. It's online and it's trading. It is a foreign currency exchange center.
6-29-2023 Intel Guru MarkZ [via PDK] Article quote from Guru Nader: “The federal general budget 2023 which is based on methods of financing the budget in Iraqi dinar in exchange for oil revenues in foreign currency mostly!!”. What they are screaming at you is “Dinar For Oil” program with the US …. This is how they will handle the revaluation...I went woohoo.
6-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There is a dinar support committee working on changes to the exchange rate.
6-29-2023 Newshound Guru Pimpy To say they can't function without a higher exchange rate is false. They have been functioning as a country without a huge exchange rate for 20+ years. That's why the budget it done in trillions. They've already done the calculations necessary to do what they need to do in their country using the current exchange rate. Yes they could benefit from an increase in exchange rate but nothing supports the currency outside of oil...
6-29-2023 Intel Guru yada the first line item of the approved budget is the ability to adjust the rate. NOW they are moving the funds to the appropriate ministries and once in place, they will reissue the rate because none of this change and progress will be completed with a program rate of 1300...
6-29-2023 Newshound Guru Kaperoni Iraq will not continue to live with a weak exchange rate. But if and when it ever rises, it will be based on their own economic growth. Not a random act.
6-29-2023 Newshound Guru Militia Man We've all been waiting for the potential of Iraq's currency to get to the Forex...ATFX is a global leader in online trading. They celebrated...today's launch of its operations in Iraq...I think the Azure bank is going to be a market maker for part of this...They not only trade currency pairs but they do precious metals...energy...indices etc. Everything is coming to a head that they're going to be able to do Forex trading. They are openly talking about it.
6-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are going to be giving instructions on the budget all week prior to it going live after EID. FRANK: This is the monetary reform education at its highest point...
6-29-2023 Intel Guru MarkZ [via PDK] Lot of international stuff happening in Iraq- Which doesn’t make much sense for a country without an international currency. Article came out- “ATFX Launches operations in Iraq with Asure bank” They certainly act like they are international...It is clearly showing us where they are at and progress...
6-29-2023 Newshound/Intel Guru Walkingstick ATFX, pretty good huh? This is not big. This is immensely huge...ATFX is an online exchange company that trades gold, silver, stocks, crypto, foreign currency, indices. This is impressive.
6-29-2023 Newshound Guru Pimpy Article: "With its entry into force A high source rules out budget challenge" Even though the budget gets passed before it gets posted...members of parliament have an opportunity to challenge it but once it's posted in the gazette that's it. They expected some challenges but that did not happen.
6-29-2023 Newshound Guru Clare Article: "ATFX Launches Operations In Iraq With Ashur Bank Partnership" Quote: "UK-based online trading and foreign exchange company ATFX has announced the start of operations in Iraq, in partnership with Iraq's Ashur Bank."
6-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI says the ATFX has been launched Today in Iraq for the very first time. It's up and running. It's online and it's trading. It is a foreign currency exchange center.
6-29-2023 Intel Guru MarkZ [via PDK] Article quote from Guru Nader: “The federal general budget 2023 which is based on methods of financing the budget in Iraqi dinar in exchange for oil revenues in foreign currency mostly!!”. What they are screaming at you is “Dinar For Oil” program with the US …. This is how they will handle the revaluation...I went woohoo.
6-28-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Soon...the projects that are in the budget will start to be funded. FRANK: Not at a program rate! FIREFlY: And it's going to be retro to January 1st 2023. FRANK: And so will the new exchange rate be retroactive to January 1st.
6-28-2023 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISER: INTERNATIONALLY APPROVED FINANCIAL INSTRUMENTS WILL HAVE THEIR CORRECT BIRTH IN IRAQ" Quote: "The financial advisor to the Prime Minister...confirmed that it will be a place for the activities of selling and trading governmental and private securities, similar to what exists in the world, pointing out that the importance of the financial center in Iraq announced by the Central Bank of Iraq." ...this is one of these WOW!!! news articles. Do you know what this means? This supports the FACT there is now no turning back. They must now liberate/reinstate the Iraqi dinar to FOREX and other global currency exchanges.
6-28-2023 Newshound Guru Militia Man Iraq 's going to be just like Singapore ... London, Frankfurt, New York. Those are the things you don't get at 1310. Everybody out there who thinks it can work at 1310...They're not going live at 1310, 1186, 1470. They never have done it. Why? Because it doesn't work.
6-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar is jumping just like they said it would happen during EID. It is jumping because of the need of the dollar during these 6 day of the holiday and we don't have any more auctions they are closed. So the demand for the dollar is up. They told us not to worry it will change back after the holidays... FRANK: For them to tell you the exchange rate of the dinar will climb after the budget is introduced that's not a clue that's the monetary education straight to you.
6-28-2023 Guru Nader From The Mid East An article I read earlier about the exchange rate in Iraq. They published it today. They didn't put how much but the good news there is there is a new exchange rate. Anybody who hold the Iraqi dinar they're going to make a little money. I'd say must be between 13[00] and 1000. Get ready for it.
6-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] The budget is odd. It's weird. It's a break in the pattern. We have a budget, we really should have a new exchange rate to make this budget make sense. So this is why I find it to be odd, weird, not normal for this budget to come out not making any sense because one of the first line items is the vote on a new exchange rate...
6-28-2023 Newshound Guru Pimpy An increase in the exchange rate of the Iraqi dinar would be a big help to Iraq when it comes to rebuilding infrastructure but it's not going to happen. They depend way too much on oil. Anything can happen to oil prices and it would be really detrimental to Iraq.
6-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Due to a new 6 day holiday EID all stock market trading will be closed until July 3rd. FRANK: They are trying to talk to you again. The budget is at 64 trillion. That is impossible at a program rate.
6-28-2023 Intel Guru MarkZ [via PDK] Member: Question...what do you feel worst scenario will be with taxes on this? I still believe there will be no taxes…but be prepared in case I am wrong…. Noone will know for sure until the RV happens. [Check with your Tax Professional at the appropriate time.]
6-28-2023 Newshound/Intel Guru Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year 2023. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11 and now ratified by the president on June 21, as needed to become law. It is now law and needs to be posted in the Gazette but only for records sake. Anything could now happen and is going to happen. In fact, this week or next could be the pivotal last days for our investment. The CBI has told me they want to conclude this process of currency reform by July 1.
6-28-2023 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISER: INTERNATIONALLY APPROVED FINANCIAL INSTRUMENTS WILL HAVE THEIR CORRECT BIRTH IN IRAQ" Quote: "The financial advisor to the Prime Minister...confirmed that it will be a place for the activities of selling and trading governmental and private securities, similar to what exists in the world, pointing out that the importance of the financial center in Iraq announced by the Central Bank of Iraq." ...this is one of these WOW!!! news articles. Do you know what this means? This supports the FACT there is now no turning back. They must now liberate/reinstate the Iraqi dinar to FOREX and other global currency exchanges.
6-28-2023 Newshound Guru Militia Man Iraq 's going to be just like Singapore ... London, Frankfurt, New York. Those are the things you don't get at 1310. Everybody out there who thinks it can work at 1310...They're not going live at 1310, 1186, 1470. They never have done it. Why? Because it doesn't work.
6-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar is jumping just like they said it would happen during EID. It is jumping because of the need of the dollar during these 6 day of the holiday and we don't have any more auctions they are closed. So the demand for the dollar is up. They told us not to worry it will change back after the holidays... FRANK: For them to tell you the exchange rate of the dinar will climb after the budget is introduced that's not a clue that's the monetary education straight to you.
6-28-2023 Guru Nader From The Mid East An article I read earlier about the exchange rate in Iraq. They published it today. They didn't put how much but the good news there is there is a new exchange rate. Anybody who hold the Iraqi dinar they're going to make a little money. I'd say must be between 13[00] and 1000. Get ready for it.
6-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] The budget is odd. It's weird. It's a break in the pattern. We have a budget, we really should have a new exchange rate to make this budget make sense. So this is why I find it to be odd, weird, not normal for this budget to come out not making any sense because one of the first line items is the vote on a new exchange rate...
6-28-2023 Newshound Guru Pimpy An increase in the exchange rate of the Iraqi dinar would be a big help to Iraq when it comes to rebuilding infrastructure but it's not going to happen. They depend way too much on oil. Anything can happen to oil prices and it would be really detrimental to Iraq.
6-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Due to a new 6 day holiday EID all stock market trading will be closed until July 3rd. FRANK: They are trying to talk to you again. The budget is at 64 trillion. That is impossible at a program rate.
6-28-2023 Intel Guru MarkZ [via PDK] Member: Question...what do you feel worst scenario will be with taxes on this? I still believe there will be no taxes…but be prepared in case I am wrong…. Noone will know for sure until the RV happens. [Check with your Tax Professional at the appropriate time.]
6-28-2023 Newshound/Intel Guru Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year 2023. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11 and now ratified by the president on June 21, as needed to become law. It is now law and needs to be posted in the Gazette but only for records sake. Anything could now happen and is going to happen. In fact, this week or next could be the pivotal last days for our investment. The CBI has told me they want to conclude this process of currency reform by July 1.
6-27-2023 Intel Guru Frank26 Question: "Is there such a thing as redemption centers?" Of course. That's where you're going to go exchange, which is a bank.
6-27-2023 Newshound/Intel Guru Walkingstick [via Frank26] The New security law is another step for the new national currency to leave Iraq's borders.
6-27-2023 Intel Guru MarkZ Still hearing tremendous expectations from tomorrow - Wed to July 3rd. It makes sense we could see it in that time period.
6-27-2023 Newshound Guru Paulette PAULETTE: that makes a little more sense. So, they could but would they is the real question...one would have to conclude that they are certainly not planning on carrying the budget at 1300 much longer. They are attempting to De-Dollarize but don't have a current Currency Structure to do so, they have reduced the 3 zeros in circulation and are predominantly utilizing the 250, 500 and 1,000 denominations, to really De-dollarize they need to be able to utilize IQD to purchase imports, they have improved the banking sector to International Standards, they are forcing Merchants to utilize the POS units, And, infusing the market with trillions of IQD will likely lead to inflation... [Post 2 of 2]
6-27-2023 Newshound Guru Paulette PAULETTE: I still don't understand why the Budget couldn't be implemented at a Program Rate...Every Budget previously implemented was at a Program Rate even though many have said that it couldn't be done. The value of the Budget is and has always been delineated in USD as the revenues for the Budget predominantly come from oil sales in USD. The MOF given authority by the Budget Law then requests the CBI to exchange USD for IQD in order to pay the expenditures. RANDY: You're right, it can open at 1300, but it looks like financial stupidity, and three year international financial suicide if it holds at that rate, all this work for despair? [Post 1 of 2....stay tuned]
6-27-2023 Intel Guru Frank26 EID will end on July 2nd...IMO between now and the 2nd they are working to change the exchange rate in the budget...The budget will be opened on July 3rd.
6-27-2023 Newshound Guru Sandy Ingram Here's why the IMF is concerned over Iraq's new budget. The budget is based on oil prices staying at $70 or more per barrel...The budget is not only based on the price of oil but on the number of barrels per day - 3.5 million barrels...This is why the IMF said the budget is based on..."too rosy a picture".
6-27-2023 Newshound Guru Pimpy The Iraqi budget has been set in stone. It has now been published into law. Instructions for how payments are gong to be allocated have already been issued. As soon as the holidays are over you're going to start seeing a lot of people get the money they need for projects... We should start seeing a hiring wave happen. As more people get back to work over in Iraq and they start building a much stronger economy which in return strengthens the Iraqi dinar...
6-27-2023 Intel Guru MarkZ [via PDK] Iraq is definitely positioning to go full blown International!!! Between their developments, projects, paying off the WTO fees…they have done everything at this point that we can think of to go International. I continue to hear great expectations from sources about tomorrow the 28th through the 3rd of July. Most think it will be this week…. I hope that is accurate.
6-27-2023 Newshound Guru Militia Man Everybody should know this by now...the Ministry of Justice announced the publication of the general budget is in the Iraqi fact sheet...they put it in the gazette. It's definitely taken care of on that end. What's the next thing? ...The Iraqi government will come out and will send to the parliament after EID the instructions on the budget. Why is that important? Because the instructions are going to be telling...
6-27-2023 Intel Guru Frank26 The budget is in the gazette. The question is what's next? ...Is the budget open right now? No. Is the budget implemented right now? No...Just because the car is in the garage doesn't mean it's going down the highway at 100 miles an hour. It has the ability to do that but it's not doing that. The budget has been put in a position for a new exchange rate.
6-27-2023 Newshound/Intel Guru Mnt Goat Does Iraq need a tradable currency to be a member of the WTO? NO! NO! NO! However, it seems plausible that they would want a tradable currency in the midst of everything else going on...They are also about to embark on an economic reformation/revolution as investors are now flocking into Iraq to get a piece of the action...Iraq is about to emerge itself into the global markets.
6-27-2023 Newshound/Intel Guru Walkingstick [via Frank26] The New security law is another step for the new national currency to leave Iraq's borders.
6-27-2023 Intel Guru MarkZ Still hearing tremendous expectations from tomorrow - Wed to July 3rd. It makes sense we could see it in that time period.
6-27-2023 Newshound Guru Paulette PAULETTE: that makes a little more sense. So, they could but would they is the real question...one would have to conclude that they are certainly not planning on carrying the budget at 1300 much longer. They are attempting to De-Dollarize but don't have a current Currency Structure to do so, they have reduced the 3 zeros in circulation and are predominantly utilizing the 250, 500 and 1,000 denominations, to really De-dollarize they need to be able to utilize IQD to purchase imports, they have improved the banking sector to International Standards, they are forcing Merchants to utilize the POS units, And, infusing the market with trillions of IQD will likely lead to inflation... [Post 2 of 2]
6-27-2023 Newshound Guru Paulette PAULETTE: I still don't understand why the Budget couldn't be implemented at a Program Rate...Every Budget previously implemented was at a Program Rate even though many have said that it couldn't be done. The value of the Budget is and has always been delineated in USD as the revenues for the Budget predominantly come from oil sales in USD. The MOF given authority by the Budget Law then requests the CBI to exchange USD for IQD in order to pay the expenditures. RANDY: You're right, it can open at 1300, but it looks like financial stupidity, and three year international financial suicide if it holds at that rate, all this work for despair? [Post 1 of 2....stay tuned]
6-27-2023 Intel Guru Frank26 EID will end on July 2nd...IMO between now and the 2nd they are working to change the exchange rate in the budget...The budget will be opened on July 3rd.
6-27-2023 Newshound Guru Sandy Ingram Here's why the IMF is concerned over Iraq's new budget. The budget is based on oil prices staying at $70 or more per barrel...The budget is not only based on the price of oil but on the number of barrels per day - 3.5 million barrels...This is why the IMF said the budget is based on..."too rosy a picture".
6-27-2023 Newshound Guru Pimpy The Iraqi budget has been set in stone. It has now been published into law. Instructions for how payments are gong to be allocated have already been issued. As soon as the holidays are over you're going to start seeing a lot of people get the money they need for projects... We should start seeing a hiring wave happen. As more people get back to work over in Iraq and they start building a much stronger economy which in return strengthens the Iraqi dinar...
6-27-2023 Intel Guru MarkZ [via PDK] Iraq is definitely positioning to go full blown International!!! Between their developments, projects, paying off the WTO fees…they have done everything at this point that we can think of to go International. I continue to hear great expectations from sources about tomorrow the 28th through the 3rd of July. Most think it will be this week…. I hope that is accurate.
6-27-2023 Newshound Guru Militia Man Everybody should know this by now...the Ministry of Justice announced the publication of the general budget is in the Iraqi fact sheet...they put it in the gazette. It's definitely taken care of on that end. What's the next thing? ...The Iraqi government will come out and will send to the parliament after EID the instructions on the budget. Why is that important? Because the instructions are going to be telling...
6-27-2023 Intel Guru Frank26 The budget is in the gazette. The question is what's next? ...Is the budget open right now? No. Is the budget implemented right now? No...Just because the car is in the garage doesn't mean it's going down the highway at 100 miles an hour. It has the ability to do that but it's not doing that. The budget has been put in a position for a new exchange rate.
6-27-2023 Newshound/Intel Guru Mnt Goat Does Iraq need a tradable currency to be a member of the WTO? NO! NO! NO! However, it seems plausible that they would want a tradable currency in the midst of everything else going on...They are also about to embark on an economic reformation/revolution as investors are now flocking into Iraq to get a piece of the action...Iraq is about to emerge itself into the global markets.
6-26-2023 Intel Guru Frank26 Question: "With the new currency will we have a new rate?" Yeah. When the new currency comes out that they've been talking about it will definitely have a new exchange rate in order for it to work. It certainly can't work at a program rate can it.
6-26-2023 Newshound Guru Pimpy Article: "With the EID approaching and the markets booming, the dollar is flying in the sky of Baghdad" If I can go out and get 1475 dinars for every dollar I would rather go to the black market and get more dinar. This way when I'm shopping for the holidays I could get more goods. It's better than going to the exchange rate and getting 1300 dinars for
every dollar. That just makes sense. The more the US interferes in this the more demand there is for US dollars then the higher the exchange rate [for US dollars - this is bad for us] goes up. If I'm a trader or doing business in Iraq I'll take my US dollars to the black market and get more Iraqi dinars...pay off more debt, go shopping like these people are here...
6-26-2023 Newshound Guru Clare "Iraq reduces its holdings of US bonds to more than $6 billion " Quote: "Iraq's possession of US bonds in January amounted to 41.2 billion dollars, to decrease to 40.7 billion dollars in February, to decrease to 39.3 billion dollars in March, and to decline again in April to 34.8 billion dollars, indicating that Iraq's possession of US bonds is in The month of January 2022 amounted to 40.8 billion dollars. She pointed out that Iraq was the fourth largest Arab country in the largest possession of US bonds, after Saudi Arabia, the UAE and Kuwait."
6-26-2023 Intel Guru MarkZ [via PDK] ...the rate is not in the Budget or the Gazette…It was not expected to be. The budget was in the Gazette today…which was the first step...and in the budget is a mechanism that lets them change the rate. Rumors are that on Wednesday we are going to see something…. Lots of chatter things will be cranking up on Wednesday...like a value change for the dinar…crossing my fingers and hoping its right...I have heard from sources…some are looking at this Wednesday the 28th Some are looking at the 3rd. Either way it definitely appears to be close. We should all be excited that the budget was finally posted in the Gazette.
6-26-2023 Newshound/Intel Gurus Walkingstick and Frank26 IOO everything is going to be done all at once now that we have the budget. Once you crack open that piñata it's gonna give us everything - the new small category notes, the exchange rate, the ATMs, HCL, everything. It's illogical to break it up and give us this part now and another part a week from now and then the rest later. No. Everything, boom all at once.
6-26-2023 Newshound Guru Militia Man If everybody's not stoked on this I'd be surprised because what we were seeing Iraq do in the last few days...is phenomenal. I think it's great.
6-26-2023 Newshound/Intel Guru RVAlready The lower denoms will not be a holdup. They have been printed and ready for several years.
6-26-2023 Guru Nader From The Mid East Iraq is getting ready to print new category of money. I don't know how long it's gonna take to print them and all that. We see. They said cost almost $50 million or something like that to print the new. It's a good news too. I don't know what's gonna happen.
6-26-2023 Intel Guru Frank26 the HCL is about to be born. If was born at a program rate it would be like a preemie being born at 5 or 6 months. I just won't succeed...
6-26-2023 Newshound Guru Sandy Ingram The new $153 billion budget covers the years 2023 to 2025 and includes sizable spending on development and infrastructure projects and plans to add tens of thousands of public sector jobs. Yes, this will help to reduce the unemployment rate.
6-26-2023 Newshound Guru Henig [Response to GameofPatience below] Unless it was part of the budget.
6-26-2023 Guest Guru GameofPatience The HCL is still an UN-APPROVED Reform Law, needing to be Approved.
6-26-2023 Intel Guru MarkZ [via PDK] No rate change yet. But imo the budget was the last step…Now we need a rate that will allow them to “Execute “ their budget. There is a lot of anticipation for “Any Moment Now” since the budget is done. I am being told they need a day or two at least to make certain rates have completely stabilized after the budget news…I am praying this is accurate. But everyone believes the budget was the last major hurdle to get past. This certainly is the belief of all my banking contacts and my contacts in Iraq.
6-26-2023 Intel Guru Frank26 The purchasing power of the Iraqi dinar is visible inside of Iraq right now and investors outside Iraq can also see this. Everybody knows. It's no longer a secret. Investment outside of Iraq versus purchasing power inside of Iraq. It's equilibrium...
6-26-2023 Newshound Guru Pimpy Now that Iraq has posted in the gazette, the budget, that makes it official. Those are the people that keep the official records for Iraq, so we are good to go...It's definitely going retro.
6-26-2023 Newshound Guru Clare Article: "The Ministry of Justice announces the publication of the General Budget Law in the Iraqi Al-Waqa'i newspaper" Quote: "- Law No. (13) of 2023 The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025)"
6-26-2023 Intel/Newshound Guru Babysmom "The Iraqi Gazette publishes the general budget law" CBI HAS NOT YET CHANGED THEIR RATE. THAT WILL BE NEXT UP...THE NEXT STEP IS THAT THE CBI WOULD CHANGE THE RATE IN COUNTRY, THEN THE RATE WOULD CHANGE ON FOREX, THEN WE COULD EXCHANGE BECAUSE THE BANKS GO WITH THE FOREX RATE AS THEY'RE OPENING GUIDE...
6-26-2023 Newshound Guru Pimpy Article: "With the EID approaching and the markets booming, the dollar is flying in the sky of Baghdad" If I can go out and get 1475 dinars for every dollar I would rather go to the black market and get more dinar. This way when I'm shopping for the holidays I could get more goods. It's better than going to the exchange rate and getting 1300 dinars for
every dollar. That just makes sense. The more the US interferes in this the more demand there is for US dollars then the higher the exchange rate [for US dollars - this is bad for us] goes up. If I'm a trader or doing business in Iraq I'll take my US dollars to the black market and get more Iraqi dinars...pay off more debt, go shopping like these people are here...
6-26-2023 Newshound Guru Clare "Iraq reduces its holdings of US bonds to more than $6 billion " Quote: "Iraq's possession of US bonds in January amounted to 41.2 billion dollars, to decrease to 40.7 billion dollars in February, to decrease to 39.3 billion dollars in March, and to decline again in April to 34.8 billion dollars, indicating that Iraq's possession of US bonds is in The month of January 2022 amounted to 40.8 billion dollars. She pointed out that Iraq was the fourth largest Arab country in the largest possession of US bonds, after Saudi Arabia, the UAE and Kuwait."
6-26-2023 Intel Guru MarkZ [via PDK] ...the rate is not in the Budget or the Gazette…It was not expected to be. The budget was in the Gazette today…which was the first step...and in the budget is a mechanism that lets them change the rate. Rumors are that on Wednesday we are going to see something…. Lots of chatter things will be cranking up on Wednesday...like a value change for the dinar…crossing my fingers and hoping its right...I have heard from sources…some are looking at this Wednesday the 28th Some are looking at the 3rd. Either way it definitely appears to be close. We should all be excited that the budget was finally posted in the Gazette.
6-26-2023 Newshound/Intel Gurus Walkingstick and Frank26 IOO everything is going to be done all at once now that we have the budget. Once you crack open that piñata it's gonna give us everything - the new small category notes, the exchange rate, the ATMs, HCL, everything. It's illogical to break it up and give us this part now and another part a week from now and then the rest later. No. Everything, boom all at once.
6-26-2023 Newshound Guru Militia Man If everybody's not stoked on this I'd be surprised because what we were seeing Iraq do in the last few days...is phenomenal. I think it's great.
6-26-2023 Newshound/Intel Guru RVAlready The lower denoms will not be a holdup. They have been printed and ready for several years.
6-26-2023 Guru Nader From The Mid East Iraq is getting ready to print new category of money. I don't know how long it's gonna take to print them and all that. We see. They said cost almost $50 million or something like that to print the new. It's a good news too. I don't know what's gonna happen.
6-26-2023 Intel Guru Frank26 the HCL is about to be born. If was born at a program rate it would be like a preemie being born at 5 or 6 months. I just won't succeed...
6-26-2023 Newshound Guru Sandy Ingram The new $153 billion budget covers the years 2023 to 2025 and includes sizable spending on development and infrastructure projects and plans to add tens of thousands of public sector jobs. Yes, this will help to reduce the unemployment rate.
6-26-2023 Newshound Guru Henig [Response to GameofPatience below] Unless it was part of the budget.
6-26-2023 Guest Guru GameofPatience The HCL is still an UN-APPROVED Reform Law, needing to be Approved.
6-26-2023 Intel Guru MarkZ [via PDK] No rate change yet. But imo the budget was the last step…Now we need a rate that will allow them to “Execute “ their budget. There is a lot of anticipation for “Any Moment Now” since the budget is done. I am being told they need a day or two at least to make certain rates have completely stabilized after the budget news…I am praying this is accurate. But everyone believes the budget was the last major hurdle to get past. This certainly is the belief of all my banking contacts and my contacts in Iraq.
6-26-2023 Intel Guru Frank26 The purchasing power of the Iraqi dinar is visible inside of Iraq right now and investors outside Iraq can also see this. Everybody knows. It's no longer a secret. Investment outside of Iraq versus purchasing power inside of Iraq. It's equilibrium...
6-26-2023 Newshound Guru Pimpy Now that Iraq has posted in the gazette, the budget, that makes it official. Those are the people that keep the official records for Iraq, so we are good to go...It's definitely going retro.
6-26-2023 Newshound Guru Clare Article: "The Ministry of Justice announces the publication of the General Budget Law in the Iraqi Al-Waqa'i newspaper" Quote: "- Law No. (13) of 2023 The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025)"
6-26-2023 Intel/Newshound Guru Babysmom "The Iraqi Gazette publishes the general budget law" CBI HAS NOT YET CHANGED THEIR RATE. THAT WILL BE NEXT UP...THE NEXT STEP IS THAT THE CBI WOULD CHANGE THE RATE IN COUNTRY, THEN THE RATE WOULD CHANGE ON FOREX, THEN WE COULD EXCHANGE BECAUSE THE BANKS GO WITH THE FOREX RATE AS THEY'RE OPENING GUIDE...
6-25-2023 Intel Guru Frank26 Question: "Do they need the security law?" A security law for the purpose of sending the Iraqi dinar outside of the border thought the Security and Exchange Commission. To send it outside of the border to float...IMO the security law was passed by parliament while they were waiting for this budget...Everything is in its position. Everything is ready...
6-25-2023 Newshound Guru Sandy Ingram Based on news reports manufacturing seems to be Iraq's middle name after oil exports...Iraqi Industries Union announced on Sunday that a plan has been presented to the Prime minister detailing how to reopen factories that are currently closed. The Iraqi government is taking this issue seriously and has expressed its eagerness to help restore industry in Iraq. Applications from potential investors have been accepted and billions of dollars are being invested. Neighbors including Qatar, Egypt and Jordon are all committed to investments in Iraq....
6-25-2023 Newshound Guru Pimpy We know there is a fixed rate. We know there's a parallel rate. If I'm looking at 1300 as the fixed rate but on the black market I'm getting like 1400 in dinars it might seem like something very small to us because it it but if you have people out there with the ability to purchase million of dinar...and then funnel them, they make a pretty good profit.
6-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI governor talking about the change of the dollar rate in the informal markets and what actions they are taking. FRANK: You know what actions they're taking. Article VIII, introducing a new national currency without the 3-zeros in the exchange rate...but where will it go up? They're having an internal float. 4,000 - it's now 1300. That's a hell of an increase...they're having an internal float to bring it to what? They're up to 1300 to 1, to bring it to 1 to 1...How? With an external float.
6-25-2023 Newshound Guru Militia Man When they say they have a retroactive budget that means there's contractors out there that are going to still want to get paid all the way back to the 1st of January 2023...To do that at 1310 you're talking about an astronomical amount of dinar...If in fact they adjust the exchange rate...even to $1.00 it's far cheaper to rebuild this country... The higher their exchange rate back to that previous era that they've said numerous times in writing...makes it even cheaper to rebuild...
6-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "Now that they have a budget what do you think is going to happen?" It's gonna blow everything up because that's the plan.
6-25-2023 Newshound Guru Samson Article: "Government: The budget will be applied retroactively from January 1, 2023"
6-25-2023 Intel Guru Frank26 [Bluestar bank advice] I highly recommend ...when you go into the bank and you meet with the bank you want to get the cards of the folks who are the executive VPs...who are usually in a different area so when the exchange does occur you can build a team of folks that can help guide you through the process so you don't squander what you end up getting.
6-25-2023 Newshound/Intel Guru BGG ...the position I have come to understand over the last year or so… the biggest impacts on the value of the Iraqi Dinar would likely be… 1) Them using their own currency (exclusively), they are nearing this point now… 2) Them entering some “Brics type” alliance, as opposed to being so attached to the US...
6-25-2023 Newshound Guru Sandy Ingram Based on news reports manufacturing seems to be Iraq's middle name after oil exports...Iraqi Industries Union announced on Sunday that a plan has been presented to the Prime minister detailing how to reopen factories that are currently closed. The Iraqi government is taking this issue seriously and has expressed its eagerness to help restore industry in Iraq. Applications from potential investors have been accepted and billions of dollars are being invested. Neighbors including Qatar, Egypt and Jordon are all committed to investments in Iraq....
6-25-2023 Newshound Guru Pimpy We know there is a fixed rate. We know there's a parallel rate. If I'm looking at 1300 as the fixed rate but on the black market I'm getting like 1400 in dinars it might seem like something very small to us because it it but if you have people out there with the ability to purchase million of dinar...and then funnel them, they make a pretty good profit.
6-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI governor talking about the change of the dollar rate in the informal markets and what actions they are taking. FRANK: You know what actions they're taking. Article VIII, introducing a new national currency without the 3-zeros in the exchange rate...but where will it go up? They're having an internal float. 4,000 - it's now 1300. That's a hell of an increase...they're having an internal float to bring it to what? They're up to 1300 to 1, to bring it to 1 to 1...How? With an external float.
6-25-2023 Newshound Guru Militia Man When they say they have a retroactive budget that means there's contractors out there that are going to still want to get paid all the way back to the 1st of January 2023...To do that at 1310 you're talking about an astronomical amount of dinar...If in fact they adjust the exchange rate...even to $1.00 it's far cheaper to rebuild this country... The higher their exchange rate back to that previous era that they've said numerous times in writing...makes it even cheaper to rebuild...
6-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "Now that they have a budget what do you think is going to happen?" It's gonna blow everything up because that's the plan.
6-25-2023 Newshound Guru Samson Article: "Government: The budget will be applied retroactively from January 1, 2023"
6-25-2023 Intel Guru Frank26 [Bluestar bank advice] I highly recommend ...when you go into the bank and you meet with the bank you want to get the cards of the folks who are the executive VPs...who are usually in a different area so when the exchange does occur you can build a team of folks that can help guide you through the process so you don't squander what you end up getting.
6-25-2023 Newshound/Intel Guru BGG ...the position I have come to understand over the last year or so… the biggest impacts on the value of the Iraqi Dinar would likely be… 1) Them using their own currency (exclusively), they are nearing this point now… 2) Them entering some “Brics type” alliance, as opposed to being so attached to the US...
6-24-2023 Newshound/Intel Guru Mnt Goat ...We got news of an imminent accession of Iraq to the WTO this week. WOW!!! and other economic plans. This NOT business as usual as over these last couple decades. We are really here! Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder, but open for business in global trading. Just be patient, it is coming.
6-24-2023 Intel Guru Frank26 To be a member of the WTO the currency of that country cannot have any restrictions whatsoever. What is a program rate? Is a program rate an International rate? A program rate is a sanctioned rate...a program rate is a restriction...restriction are not part of an international rate...something is happening.
6-24-2023 Newshound Guru Pimpy Article "Iraq officially sets the date for provincial council elections on December 18" This December we will have an election...This isn't your normal election. This has to do with people being voted into high office to run different ministerials...
6-24-2023 Newshound Guru Paulette Anybody...thinks the IQD is worthless toilet paper money can feel free to just send what they have to me. After all, it's worthless right? ...I will be happy to take that worthless toilet paper off your hands...
6-24-2023 Newshound Guru Militia Man The official exchange rate with the CBI doesn't work with the budget. You guys can figure it out and tell me how it does. I'd like to hear it...In the meantime I believe things are going to be changing.
6-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV news showing Iraqi experts saying expecting dollar to fall very soon. Big special about this. FRANK: Remember they are trying to tell you and educate you about the monetary reform...if the exchange rate of the the dollar drops in your market then that means automatically the exchange rate of the Iraqi dinar goes up. Do you understand what they are trying to tell you? FIREFLY: Yes..very clear. It is becoming clearer and clearer when they talk to us. We understand.
6-24-2023 Newshound Guru Walkingstick [via Frank26] A program rate is a restriction. It's a restricted exchange rate. It is a sanctioned, punished exchange rate and that is why the international world has stayed away from investing in the country of Iraq. For Iraq to be a WTO member it is a sign that the currency of Iraq is soon to take the international stage...
6-24-2023 Newshound Guru Pimpy People go, Pimpy...What is the holdup? I thought Iraq once it got out of chapter VII we would start seeing increase in the Iraqi dinar exchange rate? Nothing's changing...When people go, Well, they've been punished for 20 years Iraq has had enough. The United States should let them go. What people don't understand is it's not the United States that's punishing Iraq. It's the corruption within a government that holds them back... OFAC - This is the biggest portion of the sanctions...The punishment for Iraq is nobody and no companies within the United States is allowed to export into Iraq without a license. They need permission ...This is the big hold up...as soon as Iraq can get out of the grip of the United States I think they'll flourish a lot better than they are now...
6-24-2023 Newshound Guru Clare Article: "Vietnam considered rising star to become emerging market” Quote: "A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status."
6-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran saying Iraq will be the largest and an oasis of investment in the Middle East region. They speaking highly of Iraq in new report on Baghdad 1 News. FRANK: I told you they would come running and begging to be a part of Iraq. They can't steal no more...Isn't that ironic the country that stole everything from you for decades is now kissing your a double s.
6-24-2023 Newshound/Intel Guru BGG article...: “Parliamentary Finance explains the impact of approving the budget on the exchange rate during the coming period”. While I highly doubt there is any direct change of the rate contained in the budget – the currency pressures created by the new methods in this budget may well force the currency higher over time. So ...the actual news for the future of Iraq is pretty decent. Hang in there.
6-24-2023 Intel Guru Frank26 To be a member of the WTO the currency of that country cannot have any restrictions whatsoever. What is a program rate? Is a program rate an International rate? A program rate is a sanctioned rate...a program rate is a restriction...restriction are not part of an international rate...something is happening.
6-24-2023 Newshound Guru Pimpy Article "Iraq officially sets the date for provincial council elections on December 18" This December we will have an election...This isn't your normal election. This has to do with people being voted into high office to run different ministerials...
6-24-2023 Newshound Guru Paulette Anybody...thinks the IQD is worthless toilet paper money can feel free to just send what they have to me. After all, it's worthless right? ...I will be happy to take that worthless toilet paper off your hands...
6-24-2023 Newshound Guru Militia Man The official exchange rate with the CBI doesn't work with the budget. You guys can figure it out and tell me how it does. I'd like to hear it...In the meantime I believe things are going to be changing.
6-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV news showing Iraqi experts saying expecting dollar to fall very soon. Big special about this. FRANK: Remember they are trying to tell you and educate you about the monetary reform...if the exchange rate of the the dollar drops in your market then that means automatically the exchange rate of the Iraqi dinar goes up. Do you understand what they are trying to tell you? FIREFLY: Yes..very clear. It is becoming clearer and clearer when they talk to us. We understand.
6-24-2023 Newshound Guru Walkingstick [via Frank26] A program rate is a restriction. It's a restricted exchange rate. It is a sanctioned, punished exchange rate and that is why the international world has stayed away from investing in the country of Iraq. For Iraq to be a WTO member it is a sign that the currency of Iraq is soon to take the international stage...
6-24-2023 Newshound Guru Pimpy People go, Pimpy...What is the holdup? I thought Iraq once it got out of chapter VII we would start seeing increase in the Iraqi dinar exchange rate? Nothing's changing...When people go, Well, they've been punished for 20 years Iraq has had enough. The United States should let them go. What people don't understand is it's not the United States that's punishing Iraq. It's the corruption within a government that holds them back... OFAC - This is the biggest portion of the sanctions...The punishment for Iraq is nobody and no companies within the United States is allowed to export into Iraq without a license. They need permission ...This is the big hold up...as soon as Iraq can get out of the grip of the United States I think they'll flourish a lot better than they are now...
6-24-2023 Newshound Guru Clare Article: "Vietnam considered rising star to become emerging market” Quote: "A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status."
6-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran saying Iraq will be the largest and an oasis of investment in the Middle East region. They speaking highly of Iraq in new report on Baghdad 1 News. FRANK: I told you they would come running and begging to be a part of Iraq. They can't steal no more...Isn't that ironic the country that stole everything from you for decades is now kissing your a double s.
6-24-2023 Newshound/Intel Guru BGG article...: “Parliamentary Finance explains the impact of approving the budget on the exchange rate during the coming period”. While I highly doubt there is any direct change of the rate contained in the budget – the currency pressures created by the new methods in this budget may well force the currency higher over time. So ...the actual news for the future of Iraq is pretty decent. Hang in there.
6-23-2023 Newshound Guru Militia Man A market economy/private sector is not going to be at an exchange rate of 1310. It's just not going to work...1310 is not going to get them international. We all know that. Do the math on the budget. It's just not going to happen. So thinking it's going to go until 2024 or 2025...? Hearing it on the streets doesn't make it right...This is real. It's not a joke. They're not telling us that we're going to 2024/25...
6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is talking again about improving external transfers about raising the rate of our hard currency.
6-23-2023 Intel Guru RayRen98 Article: "The budget law reaches the Ministry of Justice and will be published in the Official Gazette next Monday" And now we know when, so we just wait.
6-23-2023 Guru Nader From The Mid East They're not ready yet even with the budget signed up. Iraq is like credit. Country has to do a lot better for the rate to change. It's gonna change. But not ready, not now, not this summer. My information it's not before July next year. You take it or leave it...stay stable. Keep calm. I wish it could happen tomorrow, everybody will be happy. You don't think I'll be happy? I wish, but it is what it is...
6-23-2023 Intel Guru Bruce [via WiserNow] There's a new rate coming out, which might have actually come out today. It's a new higher rate of Iraqi dinar and is supposed to be published in the gazette...Now they can do a printed version any day. It doesn't have to be on Saturday. But I believe come out Saturday, maybe Sunday...We know that the new dinar rate is coming out and Iraq will actually start trading this on the Forex Sunday...Afternoon - ...everything else that we know is done. Budget, oil and gas law, everything that they needed to do. Their ATMs are all fired up and working with their lower denominations...
6-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] To be a member of the WTO Iraq has to collect taxes from its citizens...they have to describe how the exchange rate is determined and whether or not the currency is convertible and tradable and if their foreign exchange rate is freely able to use for trade and make payments with it.
6-23-2023 Newshound Guru Pimpy Article: "Source The budget law reaches justice and publishes it in the official Gazette next week" The Gazette is like the official record keepers of Iraq. The Gazette is usually responsible for keeping a copy of all the information and records as time goes on.
6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying Iraq has finished all the requirements for joining the WTO. Saying all financial agreements reached and Iraq is planning to join the WTO FRANK: This is monstrous. What are the requirements to join the WTO? ...You do not have to have an International exchange rate to be a part of the WTO but it's very encouraging to see they want to join because the financial requirements are part of the monetary reform. And to join the WTO is the first steps to go international.
6-23-2023 Intel Guru MarkZ [via PDK] We are hearing the budget will be in the Gazette on Sunday or Monday…Getting all kinds of back and forth on it. What we do know is it will be published for the people very soon. There is not much news...I think they are being quiet on purpose…here at the end...That is exactly what I am being told...that they are cracking down on leaks and I should expect to see “quiet”...I take the quiet as an exceptionally good sign.
6-23-2023 Newshound Guru Clare "Source: The Budget Law has reached Justice and will be published in the Official Gazette next week" Quote: "The budget law has reached the Ministry of Justice and will be published in the Official Gazette (Al-Waqa'eq) next Monday, June 26, to enter into force."
6-23-2023 Intel Guru RayRen98 [via Babysmom] MOST RECENT ANTICIPATED OPENING RATES...DONG .47...DINAR 3.81...
6-23-2023 Newshound Guru Militia Man The president of the republic is old news. He ratified the budget on the 21st...It's a turning point for Iraq because the 2023-24-25 budget is ready to go to law, is likely to go to the Gazette...Ratification is amazing. Everybody should be jumping for joy because an end result is going to come from it...
6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television news is saying the recent rise in the dollar rate of the parallel market is only temporary and the dollar exchange rate will drop very soon. FRANK: If the American dollar exchange rate drops, what happens to the Iraq dinar exchange rate? It's going to go up...hopefully 1 to 1...the Iraqi dinar is going to go up and very soon. FIREFLY: It can't be soon enough. We wait and wait and wait.
6-23-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better and better. Yes, we are VERY close to something big happening with the dinar...Yes, I do have some concerns about not seeing any news about the project to delete the zeros...but the CBI told me from their experience in the past they are not going to advertise the process at the end anymore until they are absolutely sure and are implementing it. Integral to the RV is this project to delete the zeros...Are the newer notes already printed? Yes, they are printed and in the vaults at the CBI...they are not yet in the ATMs and so we wait. One cannot happen without the other.
6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is talking again about improving external transfers about raising the rate of our hard currency.
6-23-2023 Intel Guru RayRen98 Article: "The budget law reaches the Ministry of Justice and will be published in the Official Gazette next Monday" And now we know when, so we just wait.
6-23-2023 Guru Nader From The Mid East They're not ready yet even with the budget signed up. Iraq is like credit. Country has to do a lot better for the rate to change. It's gonna change. But not ready, not now, not this summer. My information it's not before July next year. You take it or leave it...stay stable. Keep calm. I wish it could happen tomorrow, everybody will be happy. You don't think I'll be happy? I wish, but it is what it is...
6-23-2023 Intel Guru Bruce [via WiserNow] There's a new rate coming out, which might have actually come out today. It's a new higher rate of Iraqi dinar and is supposed to be published in the gazette...Now they can do a printed version any day. It doesn't have to be on Saturday. But I believe come out Saturday, maybe Sunday...We know that the new dinar rate is coming out and Iraq will actually start trading this on the Forex Sunday...Afternoon - ...everything else that we know is done. Budget, oil and gas law, everything that they needed to do. Their ATMs are all fired up and working with their lower denominations...
6-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] To be a member of the WTO Iraq has to collect taxes from its citizens...they have to describe how the exchange rate is determined and whether or not the currency is convertible and tradable and if their foreign exchange rate is freely able to use for trade and make payments with it.
6-23-2023 Newshound Guru Pimpy Article: "Source The budget law reaches justice and publishes it in the official Gazette next week" The Gazette is like the official record keepers of Iraq. The Gazette is usually responsible for keeping a copy of all the information and records as time goes on.
6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying Iraq has finished all the requirements for joining the WTO. Saying all financial agreements reached and Iraq is planning to join the WTO FRANK: This is monstrous. What are the requirements to join the WTO? ...You do not have to have an International exchange rate to be a part of the WTO but it's very encouraging to see they want to join because the financial requirements are part of the monetary reform. And to join the WTO is the first steps to go international.
6-23-2023 Intel Guru MarkZ [via PDK] We are hearing the budget will be in the Gazette on Sunday or Monday…Getting all kinds of back and forth on it. What we do know is it will be published for the people very soon. There is not much news...I think they are being quiet on purpose…here at the end...That is exactly what I am being told...that they are cracking down on leaks and I should expect to see “quiet”...I take the quiet as an exceptionally good sign.
6-23-2023 Newshound Guru Clare "Source: The Budget Law has reached Justice and will be published in the Official Gazette next week" Quote: "The budget law has reached the Ministry of Justice and will be published in the Official Gazette (Al-Waqa'eq) next Monday, June 26, to enter into force."
6-23-2023 Intel Guru RayRen98 [via Babysmom] MOST RECENT ANTICIPATED OPENING RATES...DONG .47...DINAR 3.81...
6-23-2023 Newshound Guru Militia Man The president of the republic is old news. He ratified the budget on the 21st...It's a turning point for Iraq because the 2023-24-25 budget is ready to go to law, is likely to go to the Gazette...Ratification is amazing. Everybody should be jumping for joy because an end result is going to come from it...
6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television news is saying the recent rise in the dollar rate of the parallel market is only temporary and the dollar exchange rate will drop very soon. FRANK: If the American dollar exchange rate drops, what happens to the Iraq dinar exchange rate? It's going to go up...hopefully 1 to 1...the Iraqi dinar is going to go up and very soon. FIREFLY: It can't be soon enough. We wait and wait and wait.
6-23-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better and better. Yes, we are VERY close to something big happening with the dinar...Yes, I do have some concerns about not seeing any news about the project to delete the zeros...but the CBI told me from their experience in the past they are not going to advertise the process at the end anymore until they are absolutely sure and are implementing it. Integral to the RV is this project to delete the zeros...Are the newer notes already printed? Yes, they are printed and in the vaults at the CBI...they are not yet in the ATMs and so we wait. One cannot happen without the other.
6-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We told to stay tuned an important message from the government is coming. FRANK: I'm excited to see what they have to tell you! ...These are very exciting time. In my strong opinion the CBI is about to show you your new national currency.
6-22-2023 Newshound Guru Pimpy There are a lot of exciting things going on, things I was hoping would start to happen once the budget was passed. We could see the wheels are rolling and things are starting to fall into place. We have large groups of people looking for outside investors. A report came out recently that said Iraq is stable, the government appears stable, the economy is starting to become stable. If this is the case you can definitely see a bunch of outside investors coming in pretty quickly and that's what we're hoping for...
6-22-2023 Intel Guru MarkZ [via PDK] Question: What else do they have to do before the dinar can hit the forex? MarkZ Answer: I think they just have to officially determine the rate and post it. Now that they have finished the budget and HCL ectc… I’m getting a lot of chatter about a possible $3.81 rate. This rumor is also in Iraq that they are getting ready to go at $3.81 and that is what many people are expecting. Some sources think we will see it on Saturday…Some on Monday. Am I excited? Yes. A tremendously good source on the ground in Iraq who is very connected with the government seems to think that this is accurate...That being said- we have been here before so stay grounded.
6-22-2023 Newshound Guru Clare Question about signed Budged: "Does this mean we now move forward to posting in the Gazette?" IT IS LAW NOW THAT THE PRES. HAS SIGNED IT. THEY WILL GET IT IN THE GAZETTE. THAT IS JUST A FORMALITY.
6-22-2023 Newshound Guru Militia Man The government and private banks - What they're trying to do is establish what they're call a qualitative shift in the Iraqi economy and enhance the stability...In revaluing a country's currency you need security and you need stability...Their whole goal here is to tell you bits and pieces...but it's not their job to tell you the date. It's not their job to tell you specifically the rate. However they give you an indicator...10 years ago they felt it was worth $1.13 from the Central Bank. That's just what they were saying/suggesting. They're not giving it because it's not their job to do so. But there is a job to maintain some education.
6-22-2023 Intel Guru Frank26 [Response to General Flynn post below] This was the general that was the spearhead when we went to Iraq. Do you understand the power of what General Flynn just said to the whole world? Exactly what we've been telling you about the Iraqi dinar versus the American dollar. Exactly what we've been saying about the exchange rate. They're de-dollarizing. They're lowering the value of the American dollar in their country because it adds value to their currency, the their national currency that they are soon to introduce to the Iraqi citizens...
6-22-2023 Newshound Guru Pimpy The president has signed the budget finally into law. What does that mean for Iraq? How does that benefit those who are hanging on to the Iraqi dinar? ...Finally it is set in stone. Iraq has passed a 3 year budget. Infrastructure is going to be big on here...There has been a ton of money set aside to start investing into Iraq...We should see unemployment numbers start to go down and more people contributing to the tax payment. This is exciting for Iraq as long as the corruption people don't start showing their true colors everything should be really good. So congrats to Iraq.
6-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] They're getting ready to float the currency. They're getting ready to introduce their sovereign national currency. That's why they called back all the executive level bank managers back to Iraq [Including Walkingstick's banking friend Aki]
6-22-2023 Intel Guru MarkZ [via PDK] ...It was exceptionally quiet overnight...I have had some interesting conversations with people in key positions and they believe the reason it’s so quiet and why we have gotten so many NDA’s is because the original plan which was Tier 1, tier 2, etc…has been altered and it will now happen at one time. All notices will now come at the exact same time. …So that is why they think we are seeing a lot of NDA’s and quiet. That is their opinion and it makes sense...It would be impossible to stop if they do everything all at once. No one could throw a curve or hiccup in it…It would juggernaut straight through...I am still hearing it will happen this month…
6-22-2023 Guest Guru General Flynn [Retired US Army Lieutenant General] When we do any kind of monetary activity inside of Iraq they want to start using the dinar which means it should drive the value of the dinar up and the value of other currencies down - meaning the US dollar. What it means to me after spending 23 years of my life there but after the US has spent the better part of 30 years in Iraq fighting...it's just telling me this is a big sort of slap in the face of the United States of America the fact that they are moving back to their version of their currency, the dinar and lessening the role of the US dollar. If you want to have a sovereign country you got to have your own currency and essentially that's what they decided to do. [Post 2 of 2]
6-22-2023 Guest Guru General Flynn [Retired US Army Lieutenant General] The writing that's on the wall is this shift to a central bank digital currency system is going to change the very nature of the strength of the U.S. dollar globally...I see this happening in the next 90 days not the next 20 years. I think this is going to happen very quickly. What Iraq is saying, Look in order for our sovereignty to be maintained we've got to strengthen the dinar (their version of the dollar) and lower the value of the U.S. dollar and we've got to stop using the US dollar as the currency of choice when we do trade agreements, when we do business. [Post 1 of 2...stay tuned]
6-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: President approves the budget. It's in our media news...We now have the budget. The Minister of Trade is on the news Channel One saying Iraq is in the process of doing all that is needed to become members of the WTO. The news is also showing anti-money laundering committees...talking about ways to deter corruption and also talking about the dollar exchange rate...
6-22-2023 Intel Guru MarkZ [via PDK] “Iraq’s president ratifies record $152 Billion budget-criticized by IMF for too rosy projections” In other words unless there is a change in value –Iraq cannot pay those bills. It is clear to me Iraq is expecting a substantial change in value...also...an article that they were signing the HCL law today…It was a big, big day in Iraq.
6-22-2023 Newshound Guru Pimpy There are a lot of exciting things going on, things I was hoping would start to happen once the budget was passed. We could see the wheels are rolling and things are starting to fall into place. We have large groups of people looking for outside investors. A report came out recently that said Iraq is stable, the government appears stable, the economy is starting to become stable. If this is the case you can definitely see a bunch of outside investors coming in pretty quickly and that's what we're hoping for...
6-22-2023 Intel Guru MarkZ [via PDK] Question: What else do they have to do before the dinar can hit the forex? MarkZ Answer: I think they just have to officially determine the rate and post it. Now that they have finished the budget and HCL ectc… I’m getting a lot of chatter about a possible $3.81 rate. This rumor is also in Iraq that they are getting ready to go at $3.81 and that is what many people are expecting. Some sources think we will see it on Saturday…Some on Monday. Am I excited? Yes. A tremendously good source on the ground in Iraq who is very connected with the government seems to think that this is accurate...That being said- we have been here before so stay grounded.
6-22-2023 Newshound Guru Clare Question about signed Budged: "Does this mean we now move forward to posting in the Gazette?" IT IS LAW NOW THAT THE PRES. HAS SIGNED IT. THEY WILL GET IT IN THE GAZETTE. THAT IS JUST A FORMALITY.
6-22-2023 Newshound Guru Militia Man The government and private banks - What they're trying to do is establish what they're call a qualitative shift in the Iraqi economy and enhance the stability...In revaluing a country's currency you need security and you need stability...Their whole goal here is to tell you bits and pieces...but it's not their job to tell you the date. It's not their job to tell you specifically the rate. However they give you an indicator...10 years ago they felt it was worth $1.13 from the Central Bank. That's just what they were saying/suggesting. They're not giving it because it's not their job to do so. But there is a job to maintain some education.
6-22-2023 Intel Guru Frank26 [Response to General Flynn post below] This was the general that was the spearhead when we went to Iraq. Do you understand the power of what General Flynn just said to the whole world? Exactly what we've been telling you about the Iraqi dinar versus the American dollar. Exactly what we've been saying about the exchange rate. They're de-dollarizing. They're lowering the value of the American dollar in their country because it adds value to their currency, the their national currency that they are soon to introduce to the Iraqi citizens...
6-22-2023 Newshound Guru Pimpy The president has signed the budget finally into law. What does that mean for Iraq? How does that benefit those who are hanging on to the Iraqi dinar? ...Finally it is set in stone. Iraq has passed a 3 year budget. Infrastructure is going to be big on here...There has been a ton of money set aside to start investing into Iraq...We should see unemployment numbers start to go down and more people contributing to the tax payment. This is exciting for Iraq as long as the corruption people don't start showing their true colors everything should be really good. So congrats to Iraq.
6-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] They're getting ready to float the currency. They're getting ready to introduce their sovereign national currency. That's why they called back all the executive level bank managers back to Iraq [Including Walkingstick's banking friend Aki]
6-22-2023 Intel Guru MarkZ [via PDK] ...It was exceptionally quiet overnight...I have had some interesting conversations with people in key positions and they believe the reason it’s so quiet and why we have gotten so many NDA’s is because the original plan which was Tier 1, tier 2, etc…has been altered and it will now happen at one time. All notices will now come at the exact same time. …So that is why they think we are seeing a lot of NDA’s and quiet. That is their opinion and it makes sense...It would be impossible to stop if they do everything all at once. No one could throw a curve or hiccup in it…It would juggernaut straight through...I am still hearing it will happen this month…
6-22-2023 Guest Guru General Flynn [Retired US Army Lieutenant General] When we do any kind of monetary activity inside of Iraq they want to start using the dinar which means it should drive the value of the dinar up and the value of other currencies down - meaning the US dollar. What it means to me after spending 23 years of my life there but after the US has spent the better part of 30 years in Iraq fighting...it's just telling me this is a big sort of slap in the face of the United States of America the fact that they are moving back to their version of their currency, the dinar and lessening the role of the US dollar. If you want to have a sovereign country you got to have your own currency and essentially that's what they decided to do. [Post 2 of 2]
6-22-2023 Guest Guru General Flynn [Retired US Army Lieutenant General] The writing that's on the wall is this shift to a central bank digital currency system is going to change the very nature of the strength of the U.S. dollar globally...I see this happening in the next 90 days not the next 20 years. I think this is going to happen very quickly. What Iraq is saying, Look in order for our sovereignty to be maintained we've got to strengthen the dinar (their version of the dollar) and lower the value of the U.S. dollar and we've got to stop using the US dollar as the currency of choice when we do trade agreements, when we do business. [Post 1 of 2...stay tuned]
6-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: President approves the budget. It's in our media news...We now have the budget. The Minister of Trade is on the news Channel One saying Iraq is in the process of doing all that is needed to become members of the WTO. The news is also showing anti-money laundering committees...talking about ways to deter corruption and also talking about the dollar exchange rate...
6-22-2023 Intel Guru MarkZ [via PDK] “Iraq’s president ratifies record $152 Billion budget-criticized by IMF for too rosy projections” In other words unless there is a change in value –Iraq cannot pay those bills. It is clear to me Iraq is expecting a substantial change in value...also...an article that they were signing the HCL law today…It was a big, big day in Iraq.
6-21-2023 *** Dinar Guru News Flash *** Multiple reports coming in from the gurus that the 2023, 2024 and 2025 budget has been signed by the president. This was the next step in the budget becoming an official law and about 10 days EARLIER than most expected. Stay tuned as the gurus discuss what they feel is next on Iraq's agenda to increase the exchange rate of the Iraqi dinar... The latest guru posts will continue below...
6-21-2023 Newshound Guru Pimpy Article: "Iraq Pays Its WTO Membership Amounts" This is good news. Iraq has finally paid their membership dues and they can continue to move forward doing what they need to do to ascend into membership with the World Trade Organization.
6-21-2023 Intel Guru Frank26 The key to the new exchange rate is the budget...The key to be a member of the WTO is what's inside that budget.
6-21-2023 Newshound Guru Paulette The CBI has a lot to accomplish prior to Budget funds being disbursed. Look at how busy Alak was this [past] weekend. Hopefully, we see the implementation of the "Delete the Zeros Project" prior to the Budget becoming law and certainly hope before any funds are disbursed. Simultaneously or shortly after the implementation of the "Delete the Zeros Project", hopefully the IMF launches the Reinstatement of the IQD magnifying the purchasing power of the budget disbursements allowing for all those rebuilding projects to be funded.... If we are to see the RI this year, we have a huuuuuge window ahead... [NOTE: The budget took one giant unexpected leap toward becoming law today with its signing by the president.]
6-21-2023 Newshound Guru Militia Man They're talking about establishing a city that's a financial and business center in Iraq...Could you imagine one square square mile or a half a mile of high-rise buildings all for a financial district on the amount of money that's going to cost? The amount of materials it's going to take to do that kind of endeavor? They don't have enough dinar at 1310 to ever do that.
6-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What do you think about the WTO?" I think the WTO is a big telltale sign. Member of the WTO can have multiple currencies to buy, sell and trade with but it really is not a smart thing to do. I know Vietnam uses multiple currencies. I know they keep their rate down but I also know they don't really have that much trade like they want. They're growing globally but to be a member of the WTO you can use multiple currencies. Iraq has decided to only use their currency...Powerful that is for the international world...
6-21-2023 Newshound Guru Pimpy [Response to Militia Man's 6-20 & 6-21 posts below] So will they continue to use the 50 and 25,000 dinars to do large bank transactions? Of course that's possible. Will the dinar note look the same as we know today? Heck no. Those notes will no longer be any good. He's mixing two things up. He's talking about the banknotes where they delete the zeros or LOP off the zeros and the exchange rate... Wikipedia Quote: "Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate in relation to other currencies. It may however have a psychological impact on the population..." So it has nothing to do with the exchange rate. [Post 2 of 2]
6-21-2023 Newshound Guru Pimpy [Response to Militia Man's 6-20 & 6-21 posts below] About a year and a half ago Iraq mentioned they wanted to remove the 50,000 and 25,000 dinars out of circulation and use them specifically for bank transaction or large business transactions...What he's not understanding is if they go to redenominate/remove zeros off them that doesn't mean they won't keep the large denominations to do business transactions...But if you're carrying around 25,000 and 50,000 dinars as a civilian you're going to have to trade those in or you might risk the chance of losing out...because it becomes obsolete. [Post 1 of 2....stay tuned]
6-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The central Bank Governor talked about raising the rate of daily transactions and he talked about hard currency abroad. FRANK: Hard currency is your new national currency. The program rate is not hard currency. FIREFLY: He's also talking about there's another campaign to straighten the dinar with us Iraqi citizens. He saying how the dinar's strength will grow. FRANK: What do you think that is? A new exchange rate, the lowering of the American dollar in your country...they are educating you on the monetary reform.
6-21-2023 Newshound Guru Militia Man The 25k notes - if they change the value - that value goes with it because you can't have 2 exchange rates with an international currency. It's not going to work. Never has been even suggested...the project to delete the zeros is real. It's not off the currency it's off the exchange rate...
6-21-2023 Intel Guru MarkZ [via PDK] The budget was signed today…“the President of the Republic of Iraq announces the ratification of the budget law.” …one of the massive steps we were waiting on is now complete. There is nothing holding them back at this point…as we understand it. The Kurds are happy…the banks are happy…everybody is happy. We just don’t have a rate yet...With the budget signed I think we could go at a “any moment” scenario.
6-21-2023 Intel Guru Babysmom PRESIDENT OF THE REPUBLIC HAS APPROVED THE BUDGET. WE ARE WAITING ON NEXT STEP INFORMATION...
6-21-2023 Newshound Guru Clare "urgent... The President of the Republic ratifies the budget law" Quote: "Today, Wednesday, the President of the Republic, Abdul Latif Rashid, ratified the Federal Public Financial Budget Law...approving the budget is a turning point for the government to implement its program, which includes securing the necessary needs of citizens, providing basic services such as health and education, rehabilitating the infrastructure and initiating vital and strategic projects that will positively reflect on the reality of the situation daily life of the citizens."
6-21-2023 Newshound Guru Clare Article: "Al-Kalabi: The President of the Republic did not sign the budget in order to study it well, and he has "15" days" Quote: "he has a validity of 15 days, and if it is not approved this week, it will take place after 15 days, 7/1, the budget will be launched, God willing.”
6-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said when the new security laws are passed that will allow the private sector to explode and Iraq could legally go international with the currency or may float or to reinstate. But parliament is on a month break... FRANK: ...Security law does need approval. It will happen. There's a good chance it'll be passed after they open the budget but remember Sudani can always call parliament back early if he chooses. I believe they're going to use the full 15 days.
6-21-2023 Newshound/Intel Guru Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year 2023. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11th. ... I quote from today’s article – “The budget needs formal approval from the Presidency of the Republic within 15 days and after publication in the Official Fact Sheet to be effective”. Now we wait for the president of Iraq to ratify the budget. He has told us he is going to “take his time and review it carefully” ...According to the Iraqi constitution he has 15 days from the date it was delivered to his desk (June 15) to ratify it, that brings deadline to
July 1.
6-21-2023 Intel Guru Frank26 The key to the new exchange rate is the budget...The key to be a member of the WTO is what's inside that budget.
6-21-2023 Newshound Guru Paulette The CBI has a lot to accomplish prior to Budget funds being disbursed. Look at how busy Alak was this [past] weekend. Hopefully, we see the implementation of the "Delete the Zeros Project" prior to the Budget becoming law and certainly hope before any funds are disbursed. Simultaneously or shortly after the implementation of the "Delete the Zeros Project", hopefully the IMF launches the Reinstatement of the IQD magnifying the purchasing power of the budget disbursements allowing for all those rebuilding projects to be funded.... If we are to see the RI this year, we have a huuuuuge window ahead... [NOTE: The budget took one giant unexpected leap toward becoming law today with its signing by the president.]
6-21-2023 Newshound Guru Militia Man They're talking about establishing a city that's a financial and business center in Iraq...Could you imagine one square square mile or a half a mile of high-rise buildings all for a financial district on the amount of money that's going to cost? The amount of materials it's going to take to do that kind of endeavor? They don't have enough dinar at 1310 to ever do that.
6-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What do you think about the WTO?" I think the WTO is a big telltale sign. Member of the WTO can have multiple currencies to buy, sell and trade with but it really is not a smart thing to do. I know Vietnam uses multiple currencies. I know they keep their rate down but I also know they don't really have that much trade like they want. They're growing globally but to be a member of the WTO you can use multiple currencies. Iraq has decided to only use their currency...Powerful that is for the international world...
6-21-2023 Newshound Guru Pimpy [Response to Militia Man's 6-20 & 6-21 posts below] So will they continue to use the 50 and 25,000 dinars to do large bank transactions? Of course that's possible. Will the dinar note look the same as we know today? Heck no. Those notes will no longer be any good. He's mixing two things up. He's talking about the banknotes where they delete the zeros or LOP off the zeros and the exchange rate... Wikipedia Quote: "Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate in relation to other currencies. It may however have a psychological impact on the population..." So it has nothing to do with the exchange rate. [Post 2 of 2]
6-21-2023 Newshound Guru Pimpy [Response to Militia Man's 6-20 & 6-21 posts below] About a year and a half ago Iraq mentioned they wanted to remove the 50,000 and 25,000 dinars out of circulation and use them specifically for bank transaction or large business transactions...What he's not understanding is if they go to redenominate/remove zeros off them that doesn't mean they won't keep the large denominations to do business transactions...But if you're carrying around 25,000 and 50,000 dinars as a civilian you're going to have to trade those in or you might risk the chance of losing out...because it becomes obsolete. [Post 1 of 2....stay tuned]
6-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The central Bank Governor talked about raising the rate of daily transactions and he talked about hard currency abroad. FRANK: Hard currency is your new national currency. The program rate is not hard currency. FIREFLY: He's also talking about there's another campaign to straighten the dinar with us Iraqi citizens. He saying how the dinar's strength will grow. FRANK: What do you think that is? A new exchange rate, the lowering of the American dollar in your country...they are educating you on the monetary reform.
6-21-2023 Newshound Guru Militia Man The 25k notes - if they change the value - that value goes with it because you can't have 2 exchange rates with an international currency. It's not going to work. Never has been even suggested...the project to delete the zeros is real. It's not off the currency it's off the exchange rate...
6-21-2023 Intel Guru MarkZ [via PDK] The budget was signed today…“the President of the Republic of Iraq announces the ratification of the budget law.” …one of the massive steps we were waiting on is now complete. There is nothing holding them back at this point…as we understand it. The Kurds are happy…the banks are happy…everybody is happy. We just don’t have a rate yet...With the budget signed I think we could go at a “any moment” scenario.
6-21-2023 Intel Guru Babysmom PRESIDENT OF THE REPUBLIC HAS APPROVED THE BUDGET. WE ARE WAITING ON NEXT STEP INFORMATION...
6-21-2023 Newshound Guru Clare "urgent... The President of the Republic ratifies the budget law" Quote: "Today, Wednesday, the President of the Republic, Abdul Latif Rashid, ratified the Federal Public Financial Budget Law...approving the budget is a turning point for the government to implement its program, which includes securing the necessary needs of citizens, providing basic services such as health and education, rehabilitating the infrastructure and initiating vital and strategic projects that will positively reflect on the reality of the situation daily life of the citizens."
6-21-2023 Newshound Guru Clare Article: "Al-Kalabi: The President of the Republic did not sign the budget in order to study it well, and he has "15" days" Quote: "he has a validity of 15 days, and if it is not approved this week, it will take place after 15 days, 7/1, the budget will be launched, God willing.”
6-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said when the new security laws are passed that will allow the private sector to explode and Iraq could legally go international with the currency or may float or to reinstate. But parliament is on a month break... FRANK: ...Security law does need approval. It will happen. There's a good chance it'll be passed after they open the budget but remember Sudani can always call parliament back early if he chooses. I believe they're going to use the full 15 days.
6-21-2023 Newshound/Intel Guru Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year 2023. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11th. ... I quote from today’s article – “The budget needs formal approval from the Presidency of the Republic within 15 days and after publication in the Official Fact Sheet to be effective”. Now we wait for the president of Iraq to ratify the budget. He has told us he is going to “take his time and review it carefully” ...According to the Iraqi constitution he has 15 days from the date it was delivered to his desk (June 15) to ratify it, that brings deadline to
July 1.
6-20-2023 Newshound Guru Militia Man To be an observer component of the WTO you have to be responsible. You're supposed to pay your fees and dues. Iraq hasn't been paying their dues since 2018. Why would you pay your dues if you're not having any short-term need to have ascension? You don't. So they didn't pay. Guess what? They paid it all up to date. The World Trade
Organization has got their dues...Why would you do that? Because you're looking forward towards the ascension into the World Trade Organization ...this isn't something that tells me we're going to be sitting here until 2024/2025...
6-20-2023 Intel Guru Frank26 [Bluestar bank story] That was the first time in all these years that I had gotten anyone to say something like that. I said I've been with Wells a long time...she looked it up, she said wow you've been with us for 46 years...I said you know I have these minimums that I haven't been meeting ...and therefore I've been getting these charges...I'm wondering if you can take care of me because...I want to establish a relationship with you folks...Within a day or two all my charges had been taken off. That was a signal to me that they know that it's coming. They want to make sure I realize they value me because that had never happened before. She said she couldn't do it but then she ends up doing it....That's not the most outrageous and lightening bang story however I thought it would be of interest... [Post 3 of 3]
6-20-2023 Intel Guru Frank26 [Bluestar bank story] I think you've got a great country, I know you're moving forward, I know things are modernizing, I heard JP Morgan is developing a presence there in Iraq and it's amazing but the general public has no idea what's going on and there's been a lot of disinformation. So I told her all this and she tried to play poker because you know I could tell I was hitting the right information points. She had a kind of interested look on her face. I mentioned about Iraq and the currency and she said, 'Well we've heard a lot of talk. We haven't seen anything yet. But we are, shall we say, are watching this closely.' [Post 2 of 3....stay tuned]
6-20-2023 Intel Guru Frank26 [Bluestar bank story] I went to the 'Mother Ship' in the greater part of the D.C. area...I was invited by this lady [to meet], who turns out was an Iraqi woman, it was quite exciting. She had been a premier banker for 10 years. She knew all the...bigger wigs...anyway we're talking and I told her a little bit about my history, about how I've been following this for 15 years or thereabouts and I had...been in the room with Maliki, Abadi and Jabori and I heard them speak. I didn't say anything about Shabibi I guess I could have. But I said I've been following this closely... [Post 1 of 3....stay tuned]
6-20-2023 Guru Nader From The Mid East If he doesn't go on July we're not going until 2025. I'm sorry to give you this bad news but if it's fixed it's fixed. They are going to try to work on the economy, on the private sector and all that so it'll make it better. That's what's going to happen...I was telling you guys... every budget's a rate but it was a normal rate. It's 1300.
6-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] What can avoid a recession [In Iraq] 1. Introduce the new currency with a comparable exchange rate. 2. Let your currency float in an International basket where many other currencies support each other... 3. Increase their exports... they need to start tapping into more of their natural resources...
6-20-2023 Newshound Guru Paulette Implementation of Article 140 seems to be on the horizon... This is likely the bone that was thrown to the Kurds in order to get the Budget passed. Latif, a Kurd, wanted to make sure the Supreme Judicial Council is on board. This appears to be a key to him signing the budget along with resolution of the 400,000 barrels/day issue with Turkey. All seems to be coming together nicely!
6-20-2023 Intel Guru MarkZ [via PDK] “Iraq Pays The Sums Of Its Membership In The World Trade Organization” Do you know one of the most important things to have to be in the WTO? A international tradeable currency. This article is very important. Iraq has paid off Iran and the dues for the World trade organization…we just need the “when” are they going to pull that trigger.
6-20-2023 Newshound Guru Clare Article: "Iraq Pays The Sums Of Its Membership In The World Trade Organization" Quote: "The Minister of Commerce and Chairman of the National Committee on Iraq's accession to the organization had issued directives to give the issue the utmost importance."
6-20-2023 Newshound Guru Militia Man There are issuance of currencies/ denominations coming and they're not triple zero notes...The triple zero notes [that exist today] are going to stick around for about 10 years. Those of you that think they're going to LOP...the zeros off the currency...the Central Bank of Iraq, IMF, World Bank, The Bank of International Settlements ...disagree with you because they say specifically...we'll use it to facilitate large banking transactions for 10 years.
6-20-2023 Intel Guru Frank26 The HCL is about to be born. If it was born at a program rate it would be like a preemie being born at 5 or 6 months. It just won't succeed...
6-20-2023 Intel Guru MarkZ There's a lot of pressure for Vietnam to increase the value of their currency in relation to the U.S. dollar.
Organization has got their dues...Why would you do that? Because you're looking forward towards the ascension into the World Trade Organization ...this isn't something that tells me we're going to be sitting here until 2024/2025...
6-20-2023 Intel Guru Frank26 [Bluestar bank story] That was the first time in all these years that I had gotten anyone to say something like that. I said I've been with Wells a long time...she looked it up, she said wow you've been with us for 46 years...I said you know I have these minimums that I haven't been meeting ...and therefore I've been getting these charges...I'm wondering if you can take care of me because...I want to establish a relationship with you folks...Within a day or two all my charges had been taken off. That was a signal to me that they know that it's coming. They want to make sure I realize they value me because that had never happened before. She said she couldn't do it but then she ends up doing it....That's not the most outrageous and lightening bang story however I thought it would be of interest... [Post 3 of 3]
6-20-2023 Intel Guru Frank26 [Bluestar bank story] I think you've got a great country, I know you're moving forward, I know things are modernizing, I heard JP Morgan is developing a presence there in Iraq and it's amazing but the general public has no idea what's going on and there's been a lot of disinformation. So I told her all this and she tried to play poker because you know I could tell I was hitting the right information points. She had a kind of interested look on her face. I mentioned about Iraq and the currency and she said, 'Well we've heard a lot of talk. We haven't seen anything yet. But we are, shall we say, are watching this closely.' [Post 2 of 3....stay tuned]
6-20-2023 Intel Guru Frank26 [Bluestar bank story] I went to the 'Mother Ship' in the greater part of the D.C. area...I was invited by this lady [to meet], who turns out was an Iraqi woman, it was quite exciting. She had been a premier banker for 10 years. She knew all the...bigger wigs...anyway we're talking and I told her a little bit about my history, about how I've been following this for 15 years or thereabouts and I had...been in the room with Maliki, Abadi and Jabori and I heard them speak. I didn't say anything about Shabibi I guess I could have. But I said I've been following this closely... [Post 1 of 3....stay tuned]
6-20-2023 Guru Nader From The Mid East If he doesn't go on July we're not going until 2025. I'm sorry to give you this bad news but if it's fixed it's fixed. They are going to try to work on the economy, on the private sector and all that so it'll make it better. That's what's going to happen...I was telling you guys... every budget's a rate but it was a normal rate. It's 1300.
6-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] What can avoid a recession [In Iraq] 1. Introduce the new currency with a comparable exchange rate. 2. Let your currency float in an International basket where many other currencies support each other... 3. Increase their exports... they need to start tapping into more of their natural resources...
6-20-2023 Newshound Guru Paulette Implementation of Article 140 seems to be on the horizon... This is likely the bone that was thrown to the Kurds in order to get the Budget passed. Latif, a Kurd, wanted to make sure the Supreme Judicial Council is on board. This appears to be a key to him signing the budget along with resolution of the 400,000 barrels/day issue with Turkey. All seems to be coming together nicely!
6-20-2023 Intel Guru MarkZ [via PDK] “Iraq Pays The Sums Of Its Membership In The World Trade Organization” Do you know one of the most important things to have to be in the WTO? A international tradeable currency. This article is very important. Iraq has paid off Iran and the dues for the World trade organization…we just need the “when” are they going to pull that trigger.
6-20-2023 Newshound Guru Clare Article: "Iraq Pays The Sums Of Its Membership In The World Trade Organization" Quote: "The Minister of Commerce and Chairman of the National Committee on Iraq's accession to the organization had issued directives to give the issue the utmost importance."
6-20-2023 Newshound Guru Militia Man There are issuance of currencies/ denominations coming and they're not triple zero notes...The triple zero notes [that exist today] are going to stick around for about 10 years. Those of you that think they're going to LOP...the zeros off the currency...the Central Bank of Iraq, IMF, World Bank, The Bank of International Settlements ...disagree with you because they say specifically...we'll use it to facilitate large banking transactions for 10 years.
6-20-2023 Intel Guru Frank26 The HCL is about to be born. If it was born at a program rate it would be like a preemie being born at 5 or 6 months. It just won't succeed...
6-20-2023 Intel Guru MarkZ There's a lot of pressure for Vietnam to increase the value of their currency in relation to the U.S. dollar.
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6-19-2023 Intel Guru Frank26 CBI, now you're telling all your banks to open as many banks as you can in the largest cities we've got because you're about to do something with your national currency and your exchange rate aren't you? Yep. This is logic. What you see before you is not a mirage. It's not an illusion. It's not a slight of hands. This is the monetary reform of the Iraqi dinar at its pinnacle. At its apex. At its crescendo. It's screaming from the top of the hill, 'We're coming.'.
6-19-2023 Newshound Guru Sandy Ingram President Trump has hired an Iraqi-born christian to work on his civil legal team...Happy to see the ex-president maintaining his ties to Iraq. After all, he is our highest ranking Iraqi dinar investor.
6-19-2023 Guru Nader From The Mid East You're going to see a lot of people coming out saying, 'Hey it's done. It's gonna be this, it's gonna be that, this' gonna be $0.60 cents, it's gonna be $2, gonna be $1.60, It's going to be $4, gonna be $3'. All this week you're gonna go through that but you won't know until the 1st of July or 2nd maybe...
6-19-2023 Intel Guru MarkZ On the RV front...NDA's are kicking in hard...a lot of reports of NDA's...No part of me believes we are waiting until next year... not at all...the fundamentals do not tell you next year...that's not what they are telling you...the fundamentals continue to be good...I think things are in a great position.
6-19-2023 Newshound Guru Paulette They continue to talk about the "parallel rate" when they have been talking about "a significant drop in the dollar". Saleh clearly noted "2% Required". They are still hovering around 10%. They have put many things in place and perhaps have used this as a cover/ excuse for the de-dollarization process that we all looked for...prior to them taking the next step to change their currency and bring out the NSCN's and Fils...I don't see it feasible to run their country very long on the current currency structure. All seems to be falling in place. I would be ecstatic if the "parallel rate" got to 2%.
6-19-2023 Newshound/Intel Guru Walkingstick [via Frank26] The IMF keeps saying, 'You have currency inflation'. The way to combat currency inflation is by raising the value of their exchange rate. It is the economic conditions in Iraq that determine the exchange rate. Do you think the exchange rate should be a program rate right now based on that budget? No. That's why there are multiple exchange rates that were calculated due to the nature of their speed and currency inflation that they have now. Their inflation must not get out of hand...
6-19-2023 Intel Guru Frank26 Question: "It seems at some point there needs to be a public announcement in the U.S. to get the public up to speed. Are you hearing when that might be?" The United States of America will never publicize the Iraqi dinar. Never. Our media is communist. Our media, I don't even know if they're even going to announce what happens when they finally change the exchange rate. Our media is not good. They're evil. They don't tell you the truth. Don't expect any information from our media.
6-19-2023 Newshound Guru Pimpy Article: "Iraq is witnessing remarkable growth in the world of e-commerce for the first time" Obviously this is good. It's another one of those things that helps strengthen the economy inside Iraq. As you are aware the stronger the economy the stronger the dinar.
6-19-2023 Newshound Guru Sandy Ingram On the surface Iraq appears to have achieved a measure of stability. The country finally has a functioning government after a year-long political vacuum. Terrorist violence has fallen to its lowest rate since the 2003 US invasion...however %&*$ is happening behind the curtain...For those of us outside of Iraq looking in, everything appears to be fine and for the most part it is but let's get real with what's really happening... Article: "Iraq is Quietly Falling Apart" Iran is silently and quietly...setting up financial systems of failure for Iraq starting with the 2023 budget that Iraq cannot afford.
6-19-2023 Guru Nader From The Mid East The ATM I cannot comment on it because I never saw a newer ATM, maybe operated like I told you before. But they're not loaded with smaller categories because they didn't even print it...They have picture of them but they didn't print it. It's a waiting game...
6-19-2023 Intel Guru MarkZ [via PDK] This is important guys…”THE CBI in cooperation with banks launches large financial projects.“ Their budget goes backwards with the current rate. Matter of fact they are working directly with Egypt to develop businesses: “Egypt MSMEDA cooperation with Bank of Iraq to develop SME’s entreprenership”
6-19-2023 Newshound Guru Militia Man The currency is not going to go into an international market as it is at 1310. It's going to have to have an International acceptable rate and calculation applied to it...buying materials at 1310 to build a country is going to take hundreds and hundreds of trillions of dinar but if you were to move it to a 1 to 1 basis it's so much cheaper. If you moved it to 2 to 1, 3 to 1, 4 to 1, 5 to 1, 6 to 1 you can see how cheap it's going to be to buy those products. The Real Effective Exchange Rate is going to be determined to see where were are as our investment...
6-19-2023 Intel Guru Frank26 We are in the middle of the month where [Walkingstick's bank friend] Aki told us those [new Iraqi ATM] machines would have a different currency in them... [Firefly boots on the ground] is literally camping outside of those ATMs. We believe that's the next hot spot for our investment...the ATMs have a lot more than you can imagine. It's not just a different currency.
6-19-2023 Intel Guru Babysmom ...THE PRESIDENT OF THE REPUBLIC IS "REVIEWING" THE BUDGET. ...HE HAS 15 DAYS TO SIGN/ RATIFY THE BUDGET OR IT AUTOMATICALLY BECOMES LAW. HE HAS SAID ON NUMEROUS OCCASIONS HE PLANS TO SIGN IT.
6-19-2023 Newshound Guru Sandy Ingram President Trump has hired an Iraqi-born christian to work on his civil legal team...Happy to see the ex-president maintaining his ties to Iraq. After all, he is our highest ranking Iraqi dinar investor.
6-19-2023 Guru Nader From The Mid East You're going to see a lot of people coming out saying, 'Hey it's done. It's gonna be this, it's gonna be that, this' gonna be $0.60 cents, it's gonna be $2, gonna be $1.60, It's going to be $4, gonna be $3'. All this week you're gonna go through that but you won't know until the 1st of July or 2nd maybe...
6-19-2023 Intel Guru MarkZ On the RV front...NDA's are kicking in hard...a lot of reports of NDA's...No part of me believes we are waiting until next year... not at all...the fundamentals do not tell you next year...that's not what they are telling you...the fundamentals continue to be good...I think things are in a great position.
6-19-2023 Newshound Guru Paulette They continue to talk about the "parallel rate" when they have been talking about "a significant drop in the dollar". Saleh clearly noted "2% Required". They are still hovering around 10%. They have put many things in place and perhaps have used this as a cover/ excuse for the de-dollarization process that we all looked for...prior to them taking the next step to change their currency and bring out the NSCN's and Fils...I don't see it feasible to run their country very long on the current currency structure. All seems to be falling in place. I would be ecstatic if the "parallel rate" got to 2%.
6-19-2023 Newshound/Intel Guru Walkingstick [via Frank26] The IMF keeps saying, 'You have currency inflation'. The way to combat currency inflation is by raising the value of their exchange rate. It is the economic conditions in Iraq that determine the exchange rate. Do you think the exchange rate should be a program rate right now based on that budget? No. That's why there are multiple exchange rates that were calculated due to the nature of their speed and currency inflation that they have now. Their inflation must not get out of hand...
6-19-2023 Intel Guru Frank26 Question: "It seems at some point there needs to be a public announcement in the U.S. to get the public up to speed. Are you hearing when that might be?" The United States of America will never publicize the Iraqi dinar. Never. Our media is communist. Our media, I don't even know if they're even going to announce what happens when they finally change the exchange rate. Our media is not good. They're evil. They don't tell you the truth. Don't expect any information from our media.
6-19-2023 Newshound Guru Pimpy Article: "Iraq is witnessing remarkable growth in the world of e-commerce for the first time" Obviously this is good. It's another one of those things that helps strengthen the economy inside Iraq. As you are aware the stronger the economy the stronger the dinar.
6-19-2023 Newshound Guru Sandy Ingram On the surface Iraq appears to have achieved a measure of stability. The country finally has a functioning government after a year-long political vacuum. Terrorist violence has fallen to its lowest rate since the 2003 US invasion...however %&*$ is happening behind the curtain...For those of us outside of Iraq looking in, everything appears to be fine and for the most part it is but let's get real with what's really happening... Article: "Iraq is Quietly Falling Apart" Iran is silently and quietly...setting up financial systems of failure for Iraq starting with the 2023 budget that Iraq cannot afford.
6-19-2023 Guru Nader From The Mid East The ATM I cannot comment on it because I never saw a newer ATM, maybe operated like I told you before. But they're not loaded with smaller categories because they didn't even print it...They have picture of them but they didn't print it. It's a waiting game...
6-19-2023 Intel Guru MarkZ [via PDK] This is important guys…”THE CBI in cooperation with banks launches large financial projects.“ Their budget goes backwards with the current rate. Matter of fact they are working directly with Egypt to develop businesses: “Egypt MSMEDA cooperation with Bank of Iraq to develop SME’s entreprenership”
6-19-2023 Newshound Guru Militia Man The currency is not going to go into an international market as it is at 1310. It's going to have to have an International acceptable rate and calculation applied to it...buying materials at 1310 to build a country is going to take hundreds and hundreds of trillions of dinar but if you were to move it to a 1 to 1 basis it's so much cheaper. If you moved it to 2 to 1, 3 to 1, 4 to 1, 5 to 1, 6 to 1 you can see how cheap it's going to be to buy those products. The Real Effective Exchange Rate is going to be determined to see where were are as our investment...
6-19-2023 Intel Guru Frank26 We are in the middle of the month where [Walkingstick's bank friend] Aki told us those [new Iraqi ATM] machines would have a different currency in them... [Firefly boots on the ground] is literally camping outside of those ATMs. We believe that's the next hot spot for our investment...the ATMs have a lot more than you can imagine. It's not just a different currency.
6-19-2023 Intel Guru Babysmom ...THE PRESIDENT OF THE REPUBLIC IS "REVIEWING" THE BUDGET. ...HE HAS 15 DAYS TO SIGN/ RATIFY THE BUDGET OR IT AUTOMATICALLY BECOMES LAW. HE HAS SAID ON NUMEROUS OCCASIONS HE PLANS TO SIGN IT.
6-18-2023 Intel Guru Frank26 Question: "Why Chase Bank?" Chase Bank was one of the four that was selected. There were 4 major banks that were involved in this IMO...the first one was the piggy bank of the United States, Bank of America...Chase...Wells Fargo...CitiBank. Their roles in the chain of command of the monetary reform are about to be disclosed.
6-18-2023 Newshound Guru Paulette Community comment [Thank you for your Application to join the WTO Iraq - just an FYI - 'You ain't getting in with a program rate of 1,300 to 1'] I disagree...the rate is irrelevant to the World... Very relevant to the CBI who has to supply the actual money...look at Vietnam... Instead, I believe 'You ain't getting in unless you are recognized by the IMF as Article VIII compliant' is the more appropriate statement. This brings the IQD back to FOREX and easily exchange worldwide.
6-18-2023 Newshound Guru Militia Man They said in numerous articles that once we have the budget law done that the next step would be to expedite the oil and gas, which is the hydrocarbon law that takes care of the citizens.
6-18-2023 Newshound Guru Kaperoni Passing the tripartite budget is more or less the beginning of events that will follow. They now have the ability to launch the rebuilding of their country, encourage foreign investment, continue to develop the banking system.
6-18-2023 Guest Guru Suzie With JP Morgan coming into Iraq now and countries pouring in to do business, everyone should be done frothing at the mouth over the budget by now, it's time to release the kracken and show the rate internationally if they're going to play ball and get on board with the rest of the world.
6-18-2023 Intel Guru Frank26 Article: "After approving the tripartite budget, will the dollar exchange rate decrease?" YES IT WILL... A DECREASE IN THE DOLLAR EXCHANGE RATE EQUALS AN INCREASE IN THE IQD EXCHANGE RATE... THAT'S THE GOAL. Quote: "After passing the general budget, citizens hope that the exchange rate of the dollar will decrease, especially after approving the largest budget in the country's history".
6-18-2023 Newshound Guru Paulette ALL is GOOD as of today. Look at all they have and are putting in place just this year. I like this window going into July for something to change. However, stay grounded as we really do not know...We know they have plans to change their currency and ultimately, they need to RI their currency. Whether 2 hours, 2 weeks, 2 months...a change is coming.
6-18-2023 Newshound Guru Pimpy People are claiming they can't do reconstruction and anything else with the 1300 exchange rate. Yeah...They sure the hell can. That's why the entire budget is based on that rate...The budget is the largest in history of Iraq. It's a 3-year budget. So for you to go, 'Oh, they can't do it at that exchange rate.' Is absolutely false. All the calculations were based on the exchange rate they came out with.
6-18-2023 Newshound Guru Militia Man The budget will not work with a mechanism of 1310 exchange rate. Not a chance.. Al-Alaq the CBI Governor knows that imo.. Very much so...A three year budget is meant for to keep pricing for materials in check and stable. Keep in mind a strong currency will make it cheaper for Iraq to buy materials to re construct the country. It may be something to think about coming here soon.. What an awesome time it is. This budget is not something to take lightly. It is going to be an historic event.
6-18-2023 Intel Guru Frank26 The program rate is impossible for anybody to come into the country of Iraq and invest. It hasn't happened for God knows how long and now by pure magic it's going to happen? No. There's a reason they're coming in to invest. The reason is simple. It is logical. They're about to make a change in their monetary reform.
6-18-2023 Newshound/Intel Guru Mnt Goat If the CBI was successful in regulating the use of the dollar in Iraq and now the conversion solely to Iraqi dinars as their national currency, then the redenomination to the lower denominations this could go quickly. Of course, there is lots going on here and there will probably be some hiccups as they may expose more corruption in the banks or black marketeers as usual. Anything can happen but there is no turning back now on the process.
6-18-2023 Newshound Guru Paulette Community comment [Thank you for your Application to join the WTO Iraq - just an FYI - 'You ain't getting in with a program rate of 1,300 to 1'] I disagree...the rate is irrelevant to the World... Very relevant to the CBI who has to supply the actual money...look at Vietnam... Instead, I believe 'You ain't getting in unless you are recognized by the IMF as Article VIII compliant' is the more appropriate statement. This brings the IQD back to FOREX and easily exchange worldwide.
6-18-2023 Newshound Guru Militia Man They said in numerous articles that once we have the budget law done that the next step would be to expedite the oil and gas, which is the hydrocarbon law that takes care of the citizens.
6-18-2023 Newshound Guru Kaperoni Passing the tripartite budget is more or less the beginning of events that will follow. They now have the ability to launch the rebuilding of their country, encourage foreign investment, continue to develop the banking system.
6-18-2023 Guest Guru Suzie With JP Morgan coming into Iraq now and countries pouring in to do business, everyone should be done frothing at the mouth over the budget by now, it's time to release the kracken and show the rate internationally if they're going to play ball and get on board with the rest of the world.
6-18-2023 Intel Guru Frank26 Article: "After approving the tripartite budget, will the dollar exchange rate decrease?" YES IT WILL... A DECREASE IN THE DOLLAR EXCHANGE RATE EQUALS AN INCREASE IN THE IQD EXCHANGE RATE... THAT'S THE GOAL. Quote: "After passing the general budget, citizens hope that the exchange rate of the dollar will decrease, especially after approving the largest budget in the country's history".
6-18-2023 Newshound Guru Paulette ALL is GOOD as of today. Look at all they have and are putting in place just this year. I like this window going into July for something to change. However, stay grounded as we really do not know...We know they have plans to change their currency and ultimately, they need to RI their currency. Whether 2 hours, 2 weeks, 2 months...a change is coming.
6-18-2023 Newshound Guru Pimpy People are claiming they can't do reconstruction and anything else with the 1300 exchange rate. Yeah...They sure the hell can. That's why the entire budget is based on that rate...The budget is the largest in history of Iraq. It's a 3-year budget. So for you to go, 'Oh, they can't do it at that exchange rate.' Is absolutely false. All the calculations were based on the exchange rate they came out with.
6-18-2023 Newshound Guru Militia Man The budget will not work with a mechanism of 1310 exchange rate. Not a chance.. Al-Alaq the CBI Governor knows that imo.. Very much so...A three year budget is meant for to keep pricing for materials in check and stable. Keep in mind a strong currency will make it cheaper for Iraq to buy materials to re construct the country. It may be something to think about coming here soon.. What an awesome time it is. This budget is not something to take lightly. It is going to be an historic event.
6-18-2023 Intel Guru Frank26 The program rate is impossible for anybody to come into the country of Iraq and invest. It hasn't happened for God knows how long and now by pure magic it's going to happen? No. There's a reason they're coming in to invest. The reason is simple. It is logical. They're about to make a change in their monetary reform.
6-18-2023 Newshound/Intel Guru Mnt Goat If the CBI was successful in regulating the use of the dollar in Iraq and now the conversion solely to Iraqi dinars as their national currency, then the redenomination to the lower denominations this could go quickly. Of course, there is lots going on here and there will probably be some hiccups as they may expose more corruption in the banks or black marketeers as usual. Anything can happen but there is no turning back now on the process.
6-17-2023 Newshound Guru Militia Man Article: "IRAQ DINAR: With the document.. the budget law reaches the Presidency of the Republic for approval" The completion phase is effectively done and now the implementation and distribution phase is to be upon us! I hope everyone realizes we have never been here before with a budget like this. All of those that have been in this investment should know the implications of this are huge. An investment oriented 3 year budget sets this stage for the likes of J.P. Morgan to facilitate foreign trade. We dinar holders are a part of this.
6-17-2023 Intel Guru Frank26 Question: "Will the dinar be taxed as capital gain or ordinary income?" I always say to you that our government is not going to let you get away with anything. Our government is not going to say, 'Oh, forget the taxes? You bet. no problem.' This is a major event. Our government knows very well. Probably they know how many American citizens have Iraqi dinars. You don't think they want to collect it? 87,000 IRS agents? I told you they would come after you long before they announced that. I told you...yes it will be taxed up the wazoo. [NOTE: Consult your tax professionals to determine the best tax strategies and correct taxes for your unique circumstances.]
6-17-2023 Newshound Guru Clare Article: "Parliamentary Conquest: Passing the oil and gas law depends on a signal from the government " Quote: "the representative of the Al-Fateh Alliance, Muhammad Karim, had confirmed in a previous statement to Al-Maalouma that the decision to vote on the articles related to the Kurdistan region in the draft federal general budget would pave the way for the approval of the oil and gas law."
6-17-2023 Intel Guru MarkZ [via PDK] Some news today “US permits Iraq to release billions to Iran” Why is this important? Even though Iran is under sanctions right now- Iraq has been allowed to finish paying them settlements left over from the Iraqi war. Also to pay for power and electricity that is coming from Iran. This is important because we were told this was one of the last things along with paying Kuwait before they could move forward with ascension to the World Trade Organization and change the value of their currency.
6-17-2023 Newshound Guru Pimpy Could the exchange rate change before the deletion of the zeros? Yes, of course, that's possible. Could the deletion of the zeros happen before the rate change? Yep, that's possible as well. I want to remind you of something. Let's say they do the deletion of the zeros. You have 5,000,000 dinars now it becomes 5,000 Iraqi dinars. A couple weeks later they reinstate the Iraqi dinar exchange rate to $3.22...you would still get $16,100, which is still a phenomenal return on such a small investment. Now I get it, [you] had already calculated millions and millions of dollar...man I get that...I'm always the bad guy... [Post 2 of 2]
6-17-2023 Newshound Guru Pimpy Delete the three zeros - What's it all mean pimpy? ...Let's say a 25,000 dinar [note] - remove the three zeros. What do you see left over? 25. So a 25,000 dinar would be exchanged for a 25 dinar note. Period. Has nothing to do with the exchange rate. I can already hear people asking, 'What happens to the millions and millions of dollars we thought we were gonna get?' The only way that's going to happen is if they change the exchange rate first while we still have this currency because once the delete the zeros takes place and we swap our higher dinars for a much lower looking dinar then it is what it is. 5,000,000 becomes 5,000 dinars. [Post 1 of 2....stay tuned]
6-17-2023 Intel Guru Frank26 Everything they're saying and showing the Iraqi citizens is only for one reason - to increase the value of their currency.
6-17-2023 Newshound Guru Sandy Ingram Breaking news coming out of Iraq. The Iraqi government is planning to complete the requirement for Iraq's acceptance to the World Trade Organization (WTO). This means financial contributions to the WTO have been settled. A statement issued by the Ministry of Trade said that work is underway to complete the requirements for joining the WTO...
6-17-2023 Newshound Guru Paulette The President has now officially received the budget according to the Finance Committee...15 days...is Saturday 7/1.
6-17-2023 Newshound Guru Militia Man We have never seen anybody say the project to delete the zeros from the exchange rate has ceased and stopped. We know they printed new small category notes in the past...and there's evidence of that...in the central bank's files...it's an amazing time to be invested with the Iraqi dinar and we're gonna see this come to fruition...
6-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They saying that implementation of those that were caught using the dollar have been arrested and how they're being punished and they're telling us that because they used the dollar this is what happened to them. They're telling us how the dinar will be stronger. They're saying how we should back the dinar and the CBI says are doing campaigns to show and grow the support. FRANK: Get ready... it's possible that they are preparing to tell you about your new currency and your new exchange rate and the ATMs...
6-17-2023 Newshound Guru Henig Article: "Legal expert: The arrival of the budget to the Presidency of the Republic is considered approved even if it is not approved by the President" Quote: "based on the provisions of Article 73/III of the Constitution, which stipulates that laws enacted by the House of Representatives shall be ratified and issued after fifteen days from the date of their receipt."
6-17-2023 Intel Guru MarkZ [via PDK] Member Question: Why do some believe it will float and some believe it will be a sudden rate change? MarkZ Answer: Certain parts of the float make sense. Allows them to get a lot off the streets …the problem is it does not return their currency to prominence anytime in the next years…it doesn’t cure any of their ills. They did not “float” the currency down when they devalued it…and throughout history they do not float currency back up once they reduce them. They re-instate them. Now if we see a substantial change like to $2 and then let it float might make sense.
6-17-2023 Intel Guru Frank26 Question: "Will the dinar be taxed as capital gain or ordinary income?" I always say to you that our government is not going to let you get away with anything. Our government is not going to say, 'Oh, forget the taxes? You bet. no problem.' This is a major event. Our government knows very well. Probably they know how many American citizens have Iraqi dinars. You don't think they want to collect it? 87,000 IRS agents? I told you they would come after you long before they announced that. I told you...yes it will be taxed up the wazoo. [NOTE: Consult your tax professionals to determine the best tax strategies and correct taxes for your unique circumstances.]
6-17-2023 Newshound Guru Clare Article: "Parliamentary Conquest: Passing the oil and gas law depends on a signal from the government " Quote: "the representative of the Al-Fateh Alliance, Muhammad Karim, had confirmed in a previous statement to Al-Maalouma that the decision to vote on the articles related to the Kurdistan region in the draft federal general budget would pave the way for the approval of the oil and gas law."
6-17-2023 Intel Guru MarkZ [via PDK] Some news today “US permits Iraq to release billions to Iran” Why is this important? Even though Iran is under sanctions right now- Iraq has been allowed to finish paying them settlements left over from the Iraqi war. Also to pay for power and electricity that is coming from Iran. This is important because we were told this was one of the last things along with paying Kuwait before they could move forward with ascension to the World Trade Organization and change the value of their currency.
6-17-2023 Newshound Guru Pimpy Could the exchange rate change before the deletion of the zeros? Yes, of course, that's possible. Could the deletion of the zeros happen before the rate change? Yep, that's possible as well. I want to remind you of something. Let's say they do the deletion of the zeros. You have 5,000,000 dinars now it becomes 5,000 Iraqi dinars. A couple weeks later they reinstate the Iraqi dinar exchange rate to $3.22...you would still get $16,100, which is still a phenomenal return on such a small investment. Now I get it, [you] had already calculated millions and millions of dollar...man I get that...I'm always the bad guy... [Post 2 of 2]
6-17-2023 Newshound Guru Pimpy Delete the three zeros - What's it all mean pimpy? ...Let's say a 25,000 dinar [note] - remove the three zeros. What do you see left over? 25. So a 25,000 dinar would be exchanged for a 25 dinar note. Period. Has nothing to do with the exchange rate. I can already hear people asking, 'What happens to the millions and millions of dollars we thought we were gonna get?' The only way that's going to happen is if they change the exchange rate first while we still have this currency because once the delete the zeros takes place and we swap our higher dinars for a much lower looking dinar then it is what it is. 5,000,000 becomes 5,000 dinars. [Post 1 of 2....stay tuned]
6-17-2023 Intel Guru Frank26 Everything they're saying and showing the Iraqi citizens is only for one reason - to increase the value of their currency.
6-17-2023 Newshound Guru Sandy Ingram Breaking news coming out of Iraq. The Iraqi government is planning to complete the requirement for Iraq's acceptance to the World Trade Organization (WTO). This means financial contributions to the WTO have been settled. A statement issued by the Ministry of Trade said that work is underway to complete the requirements for joining the WTO...
6-17-2023 Newshound Guru Paulette The President has now officially received the budget according to the Finance Committee...15 days...is Saturday 7/1.
6-17-2023 Newshound Guru Militia Man We have never seen anybody say the project to delete the zeros from the exchange rate has ceased and stopped. We know they printed new small category notes in the past...and there's evidence of that...in the central bank's files...it's an amazing time to be invested with the Iraqi dinar and we're gonna see this come to fruition...
6-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They saying that implementation of those that were caught using the dollar have been arrested and how they're being punished and they're telling us that because they used the dollar this is what happened to them. They're telling us how the dinar will be stronger. They're saying how we should back the dinar and the CBI says are doing campaigns to show and grow the support. FRANK: Get ready... it's possible that they are preparing to tell you about your new currency and your new exchange rate and the ATMs...
6-17-2023 Newshound Guru Henig Article: "Legal expert: The arrival of the budget to the Presidency of the Republic is considered approved even if it is not approved by the President" Quote: "based on the provisions of Article 73/III of the Constitution, which stipulates that laws enacted by the House of Representatives shall be ratified and issued after fifteen days from the date of their receipt."
6-17-2023 Intel Guru MarkZ [via PDK] Member Question: Why do some believe it will float and some believe it will be a sudden rate change? MarkZ Answer: Certain parts of the float make sense. Allows them to get a lot off the streets …the problem is it does not return their currency to prominence anytime in the next years…it doesn’t cure any of their ills. They did not “float” the currency down when they devalued it…and throughout history they do not float currency back up once they reduce them. They re-instate them. Now if we see a substantial change like to $2 and then let it float might make sense.
6-16-2023 Newshound Guru Pimpy The deletion of the zeros off the currency has nothing to do with the exchange rate. These are two different issues altogether...they just want to delete the zeros off the currency. That's it. Nothing more. Nothing less...Understand 'delete the zeros' is more of a psychological thing for the citizens. That's all it is...Now that things are getting back on track we're going to see the deletion of the zeros...So before the redenomination, 1000 dinars cost to buy an apple. After they delete the 3 zeros/redenomination you could buy the apple with 1 dinar. That's all this is...it gives the impression the currency is strong and has nothing to do with the exchange rate...
6-16-2023 Intel Guru MarkZ [via PDK] Member Question: I wonder if the Kurdistans paying their employees back salaries on June 18 means the RV must go before then? MarkZ Answer: it appears we will see it most likely by then…but, nobody knows for certain. We are all guessing at this point but, it would make sense...My redemption folks still think they will work this weekend…but I think it will be next weekend.
6-16-2023 Newshound Guru Paulette The budget value is the same at 1300 as it would be at 1-1. It is based predominantly on oil sales denominated in USD. It is just the amount of IQD that differs. The rate is just a number to the currency value. $1,000,000 USD value of IQD at 1300 is the same as a $1,000,000 USD value at .25. It is still $1,000,000 value. The value is the same but the amount of IQD is the only difference. It is just a number tally system.
6-16-2023 Newshound Guru Militia Man Think about it - What's it going to take to rebuild a war torn country? At 1310 there's not enough dinar in the world to do so. You can do all the math calculations you want but their budget's not going to work at 1310. It's just not going to do that.
6-16-2023 Intel Guru MarkZ [via PDK] What I am hearing out of Iraq on the budget is the president has it – he signed it and it will be announced tomorrow in the Gazette and in the mosques. This is a big one...The Rumor from Iraqi financial circles…Is that they do plan on starting a float this weekend of about $1.00 and float to see what kind of stability it has before they pull the trigger for the rest of the world and for us. So this will start “in-country only”...We are already seeing the numbers move. The official rate is around 1310 but it is showing in the markets at considerable better. This shows they are positioning for an immediate roll-out over the next few days. ...they are moving forward and moving forward quickly.
6-16-2023 Intel Guru Frank26 The CBI tells all of its banks you have to open branches in the largest cities we have. What a better way to advertise the new national currency and the new exchange rate in these big cities. No sense in going to the little city, you're not going to get that much information to spread. Go to the big cities it'll spread very quickly and we'll let every citizen know with the app on the phones we game them...Build banks in all the largest cities of Iraq? I guess they have some kind of a big announcement or a big project or some big service that they're about to offer the citizens of Iraq. Fascinating...
6-16-2023 Intel Guru Bruce [via WiserNow] ...15th of June was supposedly our end all be all day to be notified - to get the toll free numbers and set appointments...we had a window from Tuesday morning to Thursday morning... Guess what - the window closed...but there is some light at the end of the tunnel - Because we did hear that things that need to be complete - need to be done - are being done...we have heard that the President of Iraq will sign off sign the budget off on Saturday. And maybe they'll put it in the Gazette on...on Saturday. And maybe that's when it happens. ...So I'm gonna say let's see...what the weekend can bring...
6-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What is the next step of monetary reform?" It depends on the exchange rate. If the budget comes out and it's 1300 to 1 the next step is to change that rate because 1300 to 1 was only to be used to carry it over into a budget...The workings of the budget cannot exist at 1300 to 1. Absolutely not.
6-16-2023 Newshound Guru Pimpy People are going ape crazy about what the new exchange rate is going be. They told you already that they're not going to do anything with the exchange rate until 2025. Having said that, is it possible something could change between now and then that would have them either reduce or increase the value of the dinar? Of course there are. We've seen that happen...
6-16-2023 Newshound Guru Clare Article: "With the document.. the budget law reaches the Presidency of the Republic for approval" Quote: "The budget needs to be approved - formally - by the Presidency of the Republic within 15 days, and after publication in the Official Gazette, to be effective."
6-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor said the other day about a significant decrease in the dollar exchange rate against the dinar. He said it is coming in days. How long we don't know but he said coming days.
6-16-2023 Intel Guru RayRen98 [via Babysmom] IT'S REPORTED THAT THE PARALLEL MARKET RATES AND THE RATE ON THE STREETS IS 1,050 DINAR TO 1 USD AND CLIMBING. TIME WILL TELL.
6-16-2023 Newshound Guru Paulette The IBBC is an Annual conference. The Iraq Britain Business Council hosts this in London at The Mansion House. Alaq [Governor of the CBI] is no longer on the speaker list. Hopefully, it is because he is too busy at home.
6-16-2023 Intel Guru MarkZ [via PDK] Member Question: Mark, IYO how long do you think it will take for the Iraqi Dinar to reach over a dollar? MarkZ Answer: Well, I think they will pull the trigger in the month of June. It is floating and pushing the market forward but , if you look at the budget they need a re-instatement of a very meaningful re-valuation to meet it. They do not need a slow, steady climb...I don’t look for a slow climb but a “BAM” Rate Change!!! The biggest piece we have for today is...The budget is currently sitting on the President’s desk…and expected to be signed and fully implemented today...It may already be signed and returned to parliament as we speak. We are waiting on that news to break in Iraq...
6-16-2023 Newshound Guru Militia Man Article: "Parliamentary Conquest: Passing the oil and gas law depends on a signal from the government" There is no stopping this machine now. The law once in FINAL play will pave the way for the oil & gas law. We are going to see some seriously historic things coming out of the country.
6-16-2023 Newshound/Intel Guru Mnt Goat I had an interesting conversation with my CBI contact...I was told that the IMF, World Bank and the US Treasury has given the “green light” to reinstate the currency and liberate it back to the foreign currency exchanges A.k.A. FOREX. What does this mean? This means, as I was told, that they plan to move ahead with the redenomination beginning this week in preparation for FOREX...once they do the “project to delete the zeros” they will first monitor it for inflation for a few days or more. We just don’t know. Yes, they will have to change the rate close to $1USD per dinar inside Iraq first and see what happens. This may go on all next week even so be patient or it may not be so long.
6-16-2023 Intel Guru Frank26 Article: "The Iraqi Trade Bank and JPMorgan are discussing the development of banking operations". CHASE TOLD THE WORLD THE IRAQ DINAR IS A SCAM... NOW THEY TELL THE WORLD IT'S THE GREATEST CURRENCY IN THE WORLD
6-16-2023 Intel Guru MarkZ [via PDK] “Government movement to fulfill the requirements of iraq’s ascension to the World Trade organization.” This is enormous. There is something very important they need to have to be a full member of the WTO…they need an international fully accepted currency. It is here in print…This means reinstatement or revaluation…not a float. Iraq is moving quickly.
6-16-2023 Intel Guru MarkZ [via PDK] Member Question: I wonder if the Kurdistans paying their employees back salaries on June 18 means the RV must go before then? MarkZ Answer: it appears we will see it most likely by then…but, nobody knows for certain. We are all guessing at this point but, it would make sense...My redemption folks still think they will work this weekend…but I think it will be next weekend.
6-16-2023 Newshound Guru Paulette The budget value is the same at 1300 as it would be at 1-1. It is based predominantly on oil sales denominated in USD. It is just the amount of IQD that differs. The rate is just a number to the currency value. $1,000,000 USD value of IQD at 1300 is the same as a $1,000,000 USD value at .25. It is still $1,000,000 value. The value is the same but the amount of IQD is the only difference. It is just a number tally system.
6-16-2023 Newshound Guru Militia Man Think about it - What's it going to take to rebuild a war torn country? At 1310 there's not enough dinar in the world to do so. You can do all the math calculations you want but their budget's not going to work at 1310. It's just not going to do that.
6-16-2023 Intel Guru MarkZ [via PDK] What I am hearing out of Iraq on the budget is the president has it – he signed it and it will be announced tomorrow in the Gazette and in the mosques. This is a big one...The Rumor from Iraqi financial circles…Is that they do plan on starting a float this weekend of about $1.00 and float to see what kind of stability it has before they pull the trigger for the rest of the world and for us. So this will start “in-country only”...We are already seeing the numbers move. The official rate is around 1310 but it is showing in the markets at considerable better. This shows they are positioning for an immediate roll-out over the next few days. ...they are moving forward and moving forward quickly.
6-16-2023 Intel Guru Frank26 The CBI tells all of its banks you have to open branches in the largest cities we have. What a better way to advertise the new national currency and the new exchange rate in these big cities. No sense in going to the little city, you're not going to get that much information to spread. Go to the big cities it'll spread very quickly and we'll let every citizen know with the app on the phones we game them...Build banks in all the largest cities of Iraq? I guess they have some kind of a big announcement or a big project or some big service that they're about to offer the citizens of Iraq. Fascinating...
6-16-2023 Intel Guru Bruce [via WiserNow] ...15th of June was supposedly our end all be all day to be notified - to get the toll free numbers and set appointments...we had a window from Tuesday morning to Thursday morning... Guess what - the window closed...but there is some light at the end of the tunnel - Because we did hear that things that need to be complete - need to be done - are being done...we have heard that the President of Iraq will sign off sign the budget off on Saturday. And maybe they'll put it in the Gazette on...on Saturday. And maybe that's when it happens. ...So I'm gonna say let's see...what the weekend can bring...
6-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What is the next step of monetary reform?" It depends on the exchange rate. If the budget comes out and it's 1300 to 1 the next step is to change that rate because 1300 to 1 was only to be used to carry it over into a budget...The workings of the budget cannot exist at 1300 to 1. Absolutely not.
6-16-2023 Newshound Guru Pimpy People are going ape crazy about what the new exchange rate is going be. They told you already that they're not going to do anything with the exchange rate until 2025. Having said that, is it possible something could change between now and then that would have them either reduce or increase the value of the dinar? Of course there are. We've seen that happen...
6-16-2023 Newshound Guru Clare Article: "With the document.. the budget law reaches the Presidency of the Republic for approval" Quote: "The budget needs to be approved - formally - by the Presidency of the Republic within 15 days, and after publication in the Official Gazette, to be effective."
6-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor said the other day about a significant decrease in the dollar exchange rate against the dinar. He said it is coming in days. How long we don't know but he said coming days.
6-16-2023 Intel Guru RayRen98 [via Babysmom] IT'S REPORTED THAT THE PARALLEL MARKET RATES AND THE RATE ON THE STREETS IS 1,050 DINAR TO 1 USD AND CLIMBING. TIME WILL TELL.
6-16-2023 Newshound Guru Paulette The IBBC is an Annual conference. The Iraq Britain Business Council hosts this in London at The Mansion House. Alaq [Governor of the CBI] is no longer on the speaker list. Hopefully, it is because he is too busy at home.
6-16-2023 Intel Guru MarkZ [via PDK] Member Question: Mark, IYO how long do you think it will take for the Iraqi Dinar to reach over a dollar? MarkZ Answer: Well, I think they will pull the trigger in the month of June. It is floating and pushing the market forward but , if you look at the budget they need a re-instatement of a very meaningful re-valuation to meet it. They do not need a slow, steady climb...I don’t look for a slow climb but a “BAM” Rate Change!!! The biggest piece we have for today is...The budget is currently sitting on the President’s desk…and expected to be signed and fully implemented today...It may already be signed and returned to parliament as we speak. We are waiting on that news to break in Iraq...
6-16-2023 Newshound Guru Militia Man Article: "Parliamentary Conquest: Passing the oil and gas law depends on a signal from the government" There is no stopping this machine now. The law once in FINAL play will pave the way for the oil & gas law. We are going to see some seriously historic things coming out of the country.
6-16-2023 Newshound/Intel Guru Mnt Goat I had an interesting conversation with my CBI contact...I was told that the IMF, World Bank and the US Treasury has given the “green light” to reinstate the currency and liberate it back to the foreign currency exchanges A.k.A. FOREX. What does this mean? This means, as I was told, that they plan to move ahead with the redenomination beginning this week in preparation for FOREX...once they do the “project to delete the zeros” they will first monitor it for inflation for a few days or more. We just don’t know. Yes, they will have to change the rate close to $1USD per dinar inside Iraq first and see what happens. This may go on all next week even so be patient or it may not be so long.
6-16-2023 Intel Guru Frank26 Article: "The Iraqi Trade Bank and JPMorgan are discussing the development of banking operations". CHASE TOLD THE WORLD THE IRAQ DINAR IS A SCAM... NOW THEY TELL THE WORLD IT'S THE GREATEST CURRENCY IN THE WORLD
6-16-2023 Intel Guru MarkZ [via PDK] “Government movement to fulfill the requirements of iraq’s ascension to the World Trade organization.” This is enormous. There is something very important they need to have to be a full member of the WTO…they need an international fully accepted currency. It is here in print…This means reinstatement or revaluation…not a float. Iraq is moving quickly.
6-15-2023 Intel Guru RayRen98 ...BANKS, ALL OF A SUDDEN, WENT QUIET ON US THIS EVENING, THEY'VE BEEN TOLD TO "HUSH UP!" GET READY...GET READY!...GET READY!!...$$$$$$$$$$$$$
6-15-2023 Newshound Guru Militia Man Investors do not want to come into Iraq at an official rate of 1310, to not have the freedom of capital movement. They [GOI an CBI] have been able to create that environment so when they have the process to change the exchange rate it's ready to go in a moment's notice...They don't say what day/what moment but they do tell us they have a specified time frame and that time is of the essences...
6-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV keeps talking about the next 2 month the securities laws will allow all kinds of trade and Forex transactions. FRANK: Forex transactions is the reason why Chase Manhattan is now involved with the Iraqi dinar. It is part of the international float. Every day you get closer and closer to the announcement of your new exchange rate for your new national currency.
6-15-2023 Intel Guru MarkZ [via PDK] Article out today and the President of Iraq is back in Iraq from a European tour. In a nutshell the President who has been out of country but needed to sign off on the Iraqi 3 year budget. He is now back in country…and he is expected to sign the budget so it is fully implemented tomorrow.
6-15-2023 Newshound Guru Clare Article: "Chairman of the Securities Commission, Faisal Al-Haimus: Forex and trading in oil, commodities and international companies are prohibited in Iraq" Quote: "The Chairman of the Securities Commission, Faisal Al-Haimus, revealed that the next two months will witness the arrival of the Securities Law to the House of Representatives...the law will give the authority the legal support and tools to carry out its work properly. And its approval will lead to a qualitative leap in the work of the Iraq Stock Exchange."
6-15-2023 Newshound/Intel Guru Walkingstick [via Frank26] Everything we are seeing in the budget being shown to the citizens of Iraq...is an impossibility without a new exchange rate to match the reforms. 1300 was simply to carry it over into a new budget.
6-15-2023 Newshound/Intel Guru Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11th. Anything could now happen and is going to happen. In fact, this week could be pivotal.
6-15-2023 Newshound Guru Pimpy Article: "The government expects broad stability in the dollar exchange rates in the coming days" People out there saying, 'Oh, this means they're going to change the exchange rate.' They might or they might not but people should not get excited and expect the exchange rate to change. I'm not saying it's not. What I'm saying to you is this - hang tight. Slow down. Be grounded. Wait until we hear 100% for sure that the exchange rate is going to change.
6-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: JP Morgan is working with Iraqi Trade Bank...FRANK : JP Morgan is in Iraq and they're meeting with every bank that is in Iraq and then the governor of the Central Bank of Iraq says to all the banks you have to open more branches...I'm impressed. The #1 bank in the United States of America talking to every bank in Iraq. At this point it's logical they should. JP Morgan wants to take the Iraqi dinar on its back...where are we going? The International world. We're going to start on Forex...Wow...Can you say bye bye to the sanctioned rate? FIREFLY: We understand that and it's all been on television all day.
6-15-2023 Newshound Guru Kaperoni More good news...everyone was wondering what's going to happen now that they pass the budget? Well it seems the next process for Iraq is for Parliament to pass a new Securities Law...Over the years we've talked many times about Iraq needing a new Securities Law in order for them to open their private sector internationally, trade and support the private sector...New Securities Law...should open the door for Iraq to float their currency.
6-15-2023 Intel Guru MarkZ [via PDK] The Iraqi people believe there is a revaluation imminent...Let’s talk about rates. We are seeing rates all over the board in Iraq. …The official rates have not changed yet. Iraqi people are holding onto their dinars…they are getting rid of US dollars and other foreign currencies and hanging onto their dinars. After the passed the budget in Iraq they wanted to see the dinar grow stronger. It seems the dinar is substantially stronger than the official CBI rate right now...My bankers at redemption centers believe they will be working this weekend.
6-15-2023 Newshound Guru Militia Man Budget '23,'24,'25 Approved. Hasn't been signed by the president of the Republic.
6-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say on the news the exchange rate is set to the budget for oil exchange is at 1300 dinars...that is a completely different exchange rate than what we had yesterday. 1320 was before the budget was given to us now that the budget is finished we're seeing 1300 to 1. FRANK: If that's what they are intending to do, that would be pointless because the exchange rate of 1300 would only give you pennies for the HCL. Remember, the exchange rate can be changed at the flip of a switch and back to January 1, 2023 when they determine it.
6-15-2023 Newshound/Intel Guru Mnt Goat ...I was told by my CBI contact they must get the budget passed first, then ratified. I am hearing from my CBI contact that it does not have to be in the gazette, but that to get the green light for the reinstatement they need it passed in parliament and ratified. The Kurds must be happy! ...All I can say now is … Get that champagne in the frig!
6-15-2023 Intel Guru MarkZ [via PDK] The reports coming out of Iraq…the official rate is around 1310…. So a US dollar officially will buy 1 thousand 310 dinar…well that was true a few days ago. ...In the “parallel market” today [Wednesday] …and what they are seeing in the streets...is a rate of 1050…so one US dollar will only buy one thousand and 50 dinar. This is enormous news and coming from several regions in Iraq. This means it is stabilizing and correcting itself quickly. How the CBI responds to this will be interesting. That is almost a 10X change in value in 3 days. That is stunning progress out of Iraq.
6-15-2023 Newshound Guru Militia Man Investors do not want to come into Iraq at an official rate of 1310, to not have the freedom of capital movement. They [GOI an CBI] have been able to create that environment so when they have the process to change the exchange rate it's ready to go in a moment's notice...They don't say what day/what moment but they do tell us they have a specified time frame and that time is of the essences...
6-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV keeps talking about the next 2 month the securities laws will allow all kinds of trade and Forex transactions. FRANK: Forex transactions is the reason why Chase Manhattan is now involved with the Iraqi dinar. It is part of the international float. Every day you get closer and closer to the announcement of your new exchange rate for your new national currency.
6-15-2023 Intel Guru MarkZ [via PDK] Article out today and the President of Iraq is back in Iraq from a European tour. In a nutshell the President who has been out of country but needed to sign off on the Iraqi 3 year budget. He is now back in country…and he is expected to sign the budget so it is fully implemented tomorrow.
6-15-2023 Newshound Guru Clare Article: "Chairman of the Securities Commission, Faisal Al-Haimus: Forex and trading in oil, commodities and international companies are prohibited in Iraq" Quote: "The Chairman of the Securities Commission, Faisal Al-Haimus, revealed that the next two months will witness the arrival of the Securities Law to the House of Representatives...the law will give the authority the legal support and tools to carry out its work properly. And its approval will lead to a qualitative leap in the work of the Iraq Stock Exchange."
6-15-2023 Newshound/Intel Guru Walkingstick [via Frank26] Everything we are seeing in the budget being shown to the citizens of Iraq...is an impossibility without a new exchange rate to match the reforms. 1300 was simply to carry it over into a new budget.
6-15-2023 Newshound/Intel Guru Mnt Goat I feel we have been in a critical period of the currency reform program since January of this year. Now we are in a “vital” period since the three-year budget has been passed on Sunday June 11th. Anything could now happen and is going to happen. In fact, this week could be pivotal.
6-15-2023 Newshound Guru Pimpy Article: "The government expects broad stability in the dollar exchange rates in the coming days" People out there saying, 'Oh, this means they're going to change the exchange rate.' They might or they might not but people should not get excited and expect the exchange rate to change. I'm not saying it's not. What I'm saying to you is this - hang tight. Slow down. Be grounded. Wait until we hear 100% for sure that the exchange rate is going to change.
6-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: JP Morgan is working with Iraqi Trade Bank...FRANK : JP Morgan is in Iraq and they're meeting with every bank that is in Iraq and then the governor of the Central Bank of Iraq says to all the banks you have to open more branches...I'm impressed. The #1 bank in the United States of America talking to every bank in Iraq. At this point it's logical they should. JP Morgan wants to take the Iraqi dinar on its back...where are we going? The International world. We're going to start on Forex...Wow...Can you say bye bye to the sanctioned rate? FIREFLY: We understand that and it's all been on television all day.
6-15-2023 Newshound Guru Kaperoni More good news...everyone was wondering what's going to happen now that they pass the budget? Well it seems the next process for Iraq is for Parliament to pass a new Securities Law...Over the years we've talked many times about Iraq needing a new Securities Law in order for them to open their private sector internationally, trade and support the private sector...New Securities Law...should open the door for Iraq to float their currency.
6-15-2023 Intel Guru MarkZ [via PDK] The Iraqi people believe there is a revaluation imminent...Let’s talk about rates. We are seeing rates all over the board in Iraq. …The official rates have not changed yet. Iraqi people are holding onto their dinars…they are getting rid of US dollars and other foreign currencies and hanging onto their dinars. After the passed the budget in Iraq they wanted to see the dinar grow stronger. It seems the dinar is substantially stronger than the official CBI rate right now...My bankers at redemption centers believe they will be working this weekend.
6-15-2023 Newshound Guru Militia Man Budget '23,'24,'25 Approved. Hasn't been signed by the president of the Republic.
6-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say on the news the exchange rate is set to the budget for oil exchange is at 1300 dinars...that is a completely different exchange rate than what we had yesterday. 1320 was before the budget was given to us now that the budget is finished we're seeing 1300 to 1. FRANK: If that's what they are intending to do, that would be pointless because the exchange rate of 1300 would only give you pennies for the HCL. Remember, the exchange rate can be changed at the flip of a switch and back to January 1, 2023 when they determine it.
6-15-2023 Newshound/Intel Guru Mnt Goat ...I was told by my CBI contact they must get the budget passed first, then ratified. I am hearing from my CBI contact that it does not have to be in the gazette, but that to get the green light for the reinstatement they need it passed in parliament and ratified. The Kurds must be happy! ...All I can say now is … Get that champagne in the frig!
6-15-2023 Intel Guru MarkZ [via PDK] The reports coming out of Iraq…the official rate is around 1310…. So a US dollar officially will buy 1 thousand 310 dinar…well that was true a few days ago. ...In the “parallel market” today [Wednesday] …and what they are seeing in the streets...is a rate of 1050…so one US dollar will only buy one thousand and 50 dinar. This is enormous news and coming from several regions in Iraq. This means it is stabilizing and correcting itself quickly. How the CBI responds to this will be interesting. That is almost a 10X change in value in 3 days. That is stunning progress out of Iraq.
6-14-2023 Intel Guru Frank26 Everybody, everyone, all banks around the world, they're not stupid. They're not throwing their money in a bottomless pit. They're throwing it in a county that is about to have a monetary reform explosion and you're seeing the shadow of the monetary reform explosion. And you know what that shadow is? The economic reform...the shadow of the economic reform is growing so big...that's why you should feel good, even with a recession looming over Iraq...the United States of America. There is a rescue...
6-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] We've told you many times there's an announcement on the [New Iraqi] ATMs to the citizens basically saying, 'Hey, look, these ATMs right now are closed but coming soon you to you Iraqi citizens they will be open to you.' They are not activated. They are not turned on as of right now.
6-14-2023 Newshound Guru Kaperoni Iraq truly cannot become the economy they want until they have created the conditions. This takes work...The passing of the budget to be some significant event for an RV. Not true! Monetary policy is not a random act. Until Iraq diversifies their economy and begins to have significant Improvement in their GDP nothing will happen with the dinar.
6-14-2023 Guest Guru GameofPatience Community Comment "The CBI changes the rate not the HOR" Iraq's budget is calculated off the currency value. So it's actually a coordinated effort between CBI & GOI. If the rate were to change, it requires the House of Reps to amend the budget changing its figures / calculations.
6-14-2023 Newshound Guru Paulette The Budget is NOT law yet...Usually at least 7-10 days to be approved and signed by the President and then 3 days Gazette posting...The period of time after the President signs the Budget (likely next Thursday 6/22) and prior to the 3 day posting in the Gazette (likely the following Sunday, Monday, Tuesday 6/25-27) is a beautiful "window"
6-14-2023 Intel Guru Frank26 I gave you a formula. Kurds = HCL = RI. That's it. Are the Kurds happy? They sure are.
6-14-2023 Newshound Guru Militia Man JP Morgan one of the largest banking entities on the planet, worth about 4 trillion dollars didn't come into Iraq to do business in a quagmire. They came to do business in a functioning government with a 3 year budget. That's what's got them motivated to come in and do international trade. It's amazing and it's a key sign things are happening. So all the folks out there that seem to think there's no such thing as a reinstatement of the Iraqi dinar or no revolution in the future are highly mistaken...
6-14-2023 Intel Guru Bruce [via WiserNow] ...yesterday we got some information from some of our best sources that indicated that we would have notifications within a period within this morning...all the way to Thursday morning...It looks as though this will occur for us to get notified by Thursday morning...we believe for sure that redemption centers will be staffed from Thursday on for about two weeks...we're just looking so strong right now... I'm very excited about where we stand...we're just so close...
6-14-2023 Intel/Newshound Guru Babysmom THE PRESIDENT OF THE REPUBLIC HAS NOT SIGNED THE DOCUMENT. HE MUST SIGN THE APPROVED BUDGET IT THEN GOES TO THE GAZETTE FOR PUBLICATION. HOWEVER THE CBI CAN CHANGE THE RATE ANYTIME THEY WANT. THE PRESIDENT OF THE REPUBLIC HAS 15 DAYS TO A FIX HIS SIGNATURE. THE PRESIDENT OF THE REPUBLIC IS STILL OUT OF THE COUNTRY IN BOLOGNA [ITALY]. ON FRIDAY THERE IS A LARGE CONFERENCE WHICH WILL BE HELD IN I BELIEVE LONDON AND THE TITLE OF IT IS, "IRAQ OPEN FOR BUSINESS". THIS IS QUITE GOOD NEWS...
6-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate can be flipped liked that [snap]. 1320 to 1300 - you didn't even see it. If they want to go from 1300 to whatever other rate like that [snap] it can be done and it shall be done and it will be done. It is a fact even though this fact is IMO. The exchange rate can be flipped quickly because the RV calculation phase already has the numbers for the budget at any moment.
6-14-2023 Intel Guru MarkZ Member Question: What is your take on PPN Dallas saying he got an internal memo from Chase bank to all wealth managers? MarkZ Answer: I got sent that memo several times as well…that they are expecting a lot of new millionaires over currency stuff…. I think it is accurate. I think it is true. I just don’t know what it means for us on timing. But, our best days are ahead….
6-14-2023 Newshound Guru Pimpy There was a change to the exchange rate. Yes you heard it. They changed the Iraq exchange rate. Sure enough it was in there and yes it went in the right direction. Article quote "...the budget set the exchange rate for oil revenue in US dollars at 1300 dinars per dollar." So we shaved another 20 dinars off the exchange rate. I know 20 dinars is not that big of a deal but anytime we're taking a step in that direction I'm going to celebrate it no matter how small...Keep removing the amount of dinars you get per dollar, that's what we want...like I said it's going to happen in increments. Hopefully a much bigger step next time but I'll take it...take the W and be happy with it.
6-14-2023 Newshound Guru Kaperoni This is a very good first move for Iraq now that they passed this tripartite budget. It gives them a 3-year window to begin to diversify away from oil.
6-14-2023 Intel Guru Frank26 Article: "International Monetary comments on Iraq's budget and re-warns of "inflation" in the currency". INFLATION IN THE CURRENCY! SOLUTION; NEW EXCHANGE RATE!
6-14-2023 Newshound/Intel Guru Mnt Goat ...what took place these last 4-5 days culminating in completing the passing of the budget, getting it ratified and in the gazette...is important not because the RV rate is in it because it will NEVER be in the budget...The rate used in the budget is $IQD 1300 per 1 $USD certainly not the rate we are looking for...this rate is NOT important and this rate is “flexible”. I assure you that the reinstatement if [is?] going to happen and is just around the bend...I am still under the timing of quite possibly going to the bank sometime this week. I would be VERY surprised if we don’t. But remember if we don’t, it will still be VERY soon.
6-14-2023 Intel Guru MarkZ The delete the zeroes...getting rid of the zeroes means increasing the value...putting out lover denom bills...it does not mean taking a 25,000 note and making it a 25 note...
6-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] We've told you many times there's an announcement on the [New Iraqi] ATMs to the citizens basically saying, 'Hey, look, these ATMs right now are closed but coming soon you to you Iraqi citizens they will be open to you.' They are not activated. They are not turned on as of right now.
6-14-2023 Newshound Guru Kaperoni Iraq truly cannot become the economy they want until they have created the conditions. This takes work...The passing of the budget to be some significant event for an RV. Not true! Monetary policy is not a random act. Until Iraq diversifies their economy and begins to have significant Improvement in their GDP nothing will happen with the dinar.
6-14-2023 Guest Guru GameofPatience Community Comment "The CBI changes the rate not the HOR" Iraq's budget is calculated off the currency value. So it's actually a coordinated effort between CBI & GOI. If the rate were to change, it requires the House of Reps to amend the budget changing its figures / calculations.
6-14-2023 Newshound Guru Paulette The Budget is NOT law yet...Usually at least 7-10 days to be approved and signed by the President and then 3 days Gazette posting...The period of time after the President signs the Budget (likely next Thursday 6/22) and prior to the 3 day posting in the Gazette (likely the following Sunday, Monday, Tuesday 6/25-27) is a beautiful "window"
6-14-2023 Intel Guru Frank26 I gave you a formula. Kurds = HCL = RI. That's it. Are the Kurds happy? They sure are.
6-14-2023 Newshound Guru Militia Man JP Morgan one of the largest banking entities on the planet, worth about 4 trillion dollars didn't come into Iraq to do business in a quagmire. They came to do business in a functioning government with a 3 year budget. That's what's got them motivated to come in and do international trade. It's amazing and it's a key sign things are happening. So all the folks out there that seem to think there's no such thing as a reinstatement of the Iraqi dinar or no revolution in the future are highly mistaken...
6-14-2023 Intel Guru Bruce [via WiserNow] ...yesterday we got some information from some of our best sources that indicated that we would have notifications within a period within this morning...all the way to Thursday morning...It looks as though this will occur for us to get notified by Thursday morning...we believe for sure that redemption centers will be staffed from Thursday on for about two weeks...we're just looking so strong right now... I'm very excited about where we stand...we're just so close...
6-14-2023 Intel/Newshound Guru Babysmom THE PRESIDENT OF THE REPUBLIC HAS NOT SIGNED THE DOCUMENT. HE MUST SIGN THE APPROVED BUDGET IT THEN GOES TO THE GAZETTE FOR PUBLICATION. HOWEVER THE CBI CAN CHANGE THE RATE ANYTIME THEY WANT. THE PRESIDENT OF THE REPUBLIC HAS 15 DAYS TO A FIX HIS SIGNATURE. THE PRESIDENT OF THE REPUBLIC IS STILL OUT OF THE COUNTRY IN BOLOGNA [ITALY]. ON FRIDAY THERE IS A LARGE CONFERENCE WHICH WILL BE HELD IN I BELIEVE LONDON AND THE TITLE OF IT IS, "IRAQ OPEN FOR BUSINESS". THIS IS QUITE GOOD NEWS...
6-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate can be flipped liked that [snap]. 1320 to 1300 - you didn't even see it. If they want to go from 1300 to whatever other rate like that [snap] it can be done and it shall be done and it will be done. It is a fact even though this fact is IMO. The exchange rate can be flipped quickly because the RV calculation phase already has the numbers for the budget at any moment.
6-14-2023 Intel Guru MarkZ Member Question: What is your take on PPN Dallas saying he got an internal memo from Chase bank to all wealth managers? MarkZ Answer: I got sent that memo several times as well…that they are expecting a lot of new millionaires over currency stuff…. I think it is accurate. I think it is true. I just don’t know what it means for us on timing. But, our best days are ahead….
6-14-2023 Newshound Guru Pimpy There was a change to the exchange rate. Yes you heard it. They changed the Iraq exchange rate. Sure enough it was in there and yes it went in the right direction. Article quote "...the budget set the exchange rate for oil revenue in US dollars at 1300 dinars per dollar." So we shaved another 20 dinars off the exchange rate. I know 20 dinars is not that big of a deal but anytime we're taking a step in that direction I'm going to celebrate it no matter how small...Keep removing the amount of dinars you get per dollar, that's what we want...like I said it's going to happen in increments. Hopefully a much bigger step next time but I'll take it...take the W and be happy with it.
6-14-2023 Newshound Guru Kaperoni This is a very good first move for Iraq now that they passed this tripartite budget. It gives them a 3-year window to begin to diversify away from oil.
6-14-2023 Intel Guru Frank26 Article: "International Monetary comments on Iraq's budget and re-warns of "inflation" in the currency". INFLATION IN THE CURRENCY! SOLUTION; NEW EXCHANGE RATE!
6-14-2023 Newshound/Intel Guru Mnt Goat ...what took place these last 4-5 days culminating in completing the passing of the budget, getting it ratified and in the gazette...is important not because the RV rate is in it because it will NEVER be in the budget...The rate used in the budget is $IQD 1300 per 1 $USD certainly not the rate we are looking for...this rate is NOT important and this rate is “flexible”. I assure you that the reinstatement if [is?] going to happen and is just around the bend...I am still under the timing of quite possibly going to the bank sometime this week. I would be VERY surprised if we don’t. But remember if we don’t, it will still be VERY soon.
6-14-2023 Intel Guru MarkZ The delete the zeroes...getting rid of the zeroes means increasing the value...putting out lover denom bills...it does not mean taking a 25,000 note and making it a 25 note...
6-13-2023 Newshound Guru Kaperoni There are several articles that have been released from the prime minister's office over the last few weeks stating passing the tripartite budget will put Iraq on the verge of a major reconstruction movement in all sectors.
6-13-2023 Intel Guru Frank26 You have never seen your reforms this far advanced. You've never seen JP Morgan, that was spitting in our faces, now telling us that they're going to support the Iraqi dinar on an international market level...
6-13-2023 Guru Nader From The Mid East With it's approval, the budget now awaits the signature of the President of Iraq after which it will be sent to the Gazette to be enacted into law...
6-13-2023 Intel Guru MarkZ [via PDK] Pretty Quiet on the RV front. We are still hearing great things out of Iraq.
6-13-2023 Newshound Guru Clare Article: "International Monetary comments on Iraq's budget and re-warns of inflation in the currency" Quote: "international monetary concern is due to fears that large government spending will lead to"inflation" in the Iraqi currency, which in turn leads to a spiral of economic deterioration affecting the future of the country"
6-13-2023 Newshound Guru Pimpy Oh yeah! It's done. Finally. A 3 year budget has finally passed the House of Representatives. Is this a good thing? Is this a bad thing? It really depends on the government that's in place. Now we're going to see Maliki and his people's true colors come out. The budget has been passed. They don't have to kiss anybody's butt. The money has been allocated. This is definitely going to be interesting and this is what I've been waiting for. Let's see this government's true colors.
6-13-2023 Newshound/Intel Guru Mnt Goat ...we are in a “vital” period since the three-year budget has been passed on Sunday June 11th. On Tuesday it was announced that the approved budget would [go?] to the president to be ratified. So now we sit and wait. Literally, anything could now happen and is going to happen very quick from this point. In fact, this week could be pivotal.
6-13-2023 Intel Guru Frank26 What's the first line item in the budget IMO? The exchange rate. They changed the rate...it was 1320...what is it now? 1300. Remember what I suggested? ...1200 to 1. Firefly's bank friend thinks it's going to get to 1000...I missed it by 100...that's huge. That's exactly what we told you was going to happen. It's positioning itself to expose the full monty...they're soon to show you everything.
6-13-2023 Newshound Guru Kaperoni I want to remind everyone despite the fact that Iraq past a 3-year budget yesterday, Iraq still has a lot of work to do. Parliament needs to pass several laws to encourage and support investment.
6-13-2023 Newshound Guru Samson Article: "Al-Hakim: Urges the House of Representatives to proceed with the entitlements that follow, such as the oil and gas law and other laws that have direct contact with the lives of citizens."
6-13-2023 Newshound Guru Paulette Finally! I have waited nearly 14 years to see what just happened...Stage is set. Bring on the Oil and Gas Law NOW!! The underlying basis is established by the Tripartite Budget...The arguments and fight should be over...
6-13-2023 Newshound Guru Militia Man The 2023, 2024, 2025 budget having been very contentious took about 4 days to finish the reading and getting it done...but they were successful...it was about 5 in the wee hours of the morning they finished it and hammered it out. What they're going to do now from that point on is they're looking to proceed with the entitlements that follow the budget which is the oil and gas law.
6-13-2023 Intel Guru Frank26 Apparently they are done with the budget. It's a tripartite budget...It's not just for one year, it's for 3 years. That's amazing. I don't think Iraq has ever seen a budget, I mean truly truly seen a budget open, disclosed and shown to the world, to the citizens in probably 50 years...has it been shown to the world? No. But it's going to be.
6-13-2023 Newshound/Intel Guru RVAlready Iraq got a lot done. They have a modern budget. They have a POS system. Their markets are internationally linked. They are less dependent on paper money. They are ready for new projects. It took quite a while, but all that is done...Don’t forget, the CBI can release the rate today.
6-13-2023 Intel Guru MarkZ [via PDK] “Monday Briefing: Iraq passes a massive controversial budget bill” It is massive. They have the dollars for it and it requires oil stays at about $70 a barrel. They have the mechanism in it to change the value if their currency.
6-13-2023 Intel Guru Frank26 You have never seen your reforms this far advanced. You've never seen JP Morgan, that was spitting in our faces, now telling us that they're going to support the Iraqi dinar on an international market level...
6-13-2023 Guru Nader From The Mid East With it's approval, the budget now awaits the signature of the President of Iraq after which it will be sent to the Gazette to be enacted into law...
6-13-2023 Intel Guru MarkZ [via PDK] Pretty Quiet on the RV front. We are still hearing great things out of Iraq.
6-13-2023 Newshound Guru Clare Article: "International Monetary comments on Iraq's budget and re-warns of inflation in the currency" Quote: "international monetary concern is due to fears that large government spending will lead to"inflation" in the Iraqi currency, which in turn leads to a spiral of economic deterioration affecting the future of the country"
6-13-2023 Newshound Guru Pimpy Oh yeah! It's done. Finally. A 3 year budget has finally passed the House of Representatives. Is this a good thing? Is this a bad thing? It really depends on the government that's in place. Now we're going to see Maliki and his people's true colors come out. The budget has been passed. They don't have to kiss anybody's butt. The money has been allocated. This is definitely going to be interesting and this is what I've been waiting for. Let's see this government's true colors.
6-13-2023 Newshound/Intel Guru Mnt Goat ...we are in a “vital” period since the three-year budget has been passed on Sunday June 11th. On Tuesday it was announced that the approved budget would [go?] to the president to be ratified. So now we sit and wait. Literally, anything could now happen and is going to happen very quick from this point. In fact, this week could be pivotal.
6-13-2023 Intel Guru Frank26 What's the first line item in the budget IMO? The exchange rate. They changed the rate...it was 1320...what is it now? 1300. Remember what I suggested? ...1200 to 1. Firefly's bank friend thinks it's going to get to 1000...I missed it by 100...that's huge. That's exactly what we told you was going to happen. It's positioning itself to expose the full monty...they're soon to show you everything.
6-13-2023 Newshound Guru Kaperoni I want to remind everyone despite the fact that Iraq past a 3-year budget yesterday, Iraq still has a lot of work to do. Parliament needs to pass several laws to encourage and support investment.
6-13-2023 Newshound Guru Samson Article: "Al-Hakim: Urges the House of Representatives to proceed with the entitlements that follow, such as the oil and gas law and other laws that have direct contact with the lives of citizens."
6-13-2023 Newshound Guru Paulette Finally! I have waited nearly 14 years to see what just happened...Stage is set. Bring on the Oil and Gas Law NOW!! The underlying basis is established by the Tripartite Budget...The arguments and fight should be over...
6-13-2023 Newshound Guru Militia Man The 2023, 2024, 2025 budget having been very contentious took about 4 days to finish the reading and getting it done...but they were successful...it was about 5 in the wee hours of the morning they finished it and hammered it out. What they're going to do now from that point on is they're looking to proceed with the entitlements that follow the budget which is the oil and gas law.
6-13-2023 Intel Guru Frank26 Apparently they are done with the budget. It's a tripartite budget...It's not just for one year, it's for 3 years. That's amazing. I don't think Iraq has ever seen a budget, I mean truly truly seen a budget open, disclosed and shown to the world, to the citizens in probably 50 years...has it been shown to the world? No. But it's going to be.
6-13-2023 Newshound/Intel Guru RVAlready Iraq got a lot done. They have a modern budget. They have a POS system. Their markets are internationally linked. They are less dependent on paper money. They are ready for new projects. It took quite a while, but all that is done...Don’t forget, the CBI can release the rate today.
6-13-2023 Intel Guru MarkZ [via PDK] “Monday Briefing: Iraq passes a massive controversial budget bill” It is massive. They have the dollars for it and it requires oil stays at about $70 a barrel. They have the mechanism in it to change the value if their currency.
6-12-2023 *** Dinar Guru News Flash *** Articles and gurus are reporting the 2023, '24 and '25 budgets have been voted on and passed! Stay tuned as the gurus chime in on what the passing of the budget means for possible new smaller notes and new exchange rate . The latest guru posts will continue below...
6-12-2023 Intel Guru Frank26 How many times have you gone to J.P. Morgan-Chase and you asked them, 'What is your opinion about the Iraqi dinar?" They stopped selling it on December 21, 2008 at noon and they've been acting like they don't know anything ever since then. Same thing with Wells Fargo...the article last week JP Morgan Chase Manhattan, 'We are supporting the Iraqi dinar...We will carry it. We will make sure it goes international. We are right behind the Iraqi dinar.' ...You think they're gonna make money with the Iraqi dinar at a program rate? Of course not.
6-12-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank and JPMorgan are discussing the development of banking operations" Quote "...the directives of Prime Minister Muhammad Shia'a Al-Sudani to advance the country's economy, and to ensure that the best services are provided to the Iraqi citizen according to the best." Available methods and means within international standards, which will reflect positively on the Iraqi economy."
6-12-2023 Intel Guru MarkZ [via PDK] “Trade Bank of Iraq, JP Morgan discuss banking operations” This is all point of sale and infrastructure. They are doing everything they need to do to be prepared for this exchange...I continue to hear they have positioned the lower denominations for release into the market as soon as they get the “go ahead”.
6-12-2023 Newshound Guru Kaperoni Community comment 'an RV is in the budget.' That is not how it works. The passing of this three tripartite budget gives Iraq the opportunity now to diversify their economy and begin significant reconstruction. Only with the success and growth of their economy will the dinar go up in value.
6-12-2023 Intel Guru Angel1 This is no game. This is real life. There are a lot of people, my friends are there, are excited and encouraged because their economy is exploding. It is exploding now. Can you imagine what's going to happen when that rate reflects the true value? They can't wait. They're salivating.
6-12-2023 Intel Guru Frank26 The clock of the Middle East has to move a little faster and there's a great need for it. Many countries around the world are depending on the Iraqi dinar to become a financial central hub to the Middle East. This is powerful. This is a fact of banking. There are many countries... banks are waiting for this new exchange rate/new national currency of Iraq...
6-12-2023 Guest Guru Babysmom [reference Babysmom post below] ...ONCE THE RATE IS CHANGED IT WOULD THEN GO TO FOREX. ONCE IT'S ON FOREX WE CAN EXCHANGE...
6-12-2023 Newshound Guru Clare Member of the Parliamentary Finance Committee, Youssef Al-Kalabi Tweet "Tomorrow the budget will be sent to the President of the Republic for approval"
6-12-2023 Intel Guru MarkZ [via PDK] We are getting a lot of chatter for the possibilities of some “group level” currency exchanges over the next day or so... I am told the goal is between Tuesday and Thursday of this week...They are getting blown up with requests, times and logistics... Member question: Who are the groups? MarkZ answer: I would name some specifically but would end up in trouble. ...Things appear to be heating up very nicely...And I was told Vietnam is going with Iraq come hell or high water. They are intertwined with each other economically.
6-12-2023 Newshound Guru Militia Man Who's the authority? Central bank is the authority to talk about the exchange rate. The government is the authority to talk about the program, the rollout, the process. That's Sudani...
6-12-2023 Newshound Guru Pimpy Article: "What does JPMorgan's willingness to support Iraqi banks mean?" This is not good...this is like jumping into bed with the devil...What they're trying to do is force Iraq to use U.S. dollars along with anybody else that deals with the IMF or the World Bank...it doesn't mean we won't benefit from it, for those who are invested in the Iraqi dinar, we will. But I'm thinking more for the Iraqi people.
6-12-2023 Intel Guru Frank26 The CBI came out and said we have $111 billion dollars in federal reserves...they also said we have 132.7 tons of gold. So $111 billion in hard cash in foreign currency for their monetary reform and 132.7 tons of gold for their monetary reform. Uh, no! It's a lot more than that!! What they have to support their monetary reform is outstanding. It's astronomical. It's huge...the futures are not even calculated in these numbers. There are untapped assets that are out there right now.
6-12-2023 Intel Guru MarkZ [via PDK] “Iraq’s Parliament approves budget, ending dispute over oil revenue sharing with Kurdish region” This is huge. Oil sharing with Kurdish region is the HCL and one of the major steps we have been waiting for...What I am hearing from the streets in Iraq is that they need a day or a couple days for the prices to stabilize…and I should have an update as to what they are saying “timing wise” soon. A lot of very positive stuff occurred over this weekend.
6-12-2023 Guru Nader From The Mid East After today what is the next step? The next step is the currency...Forex...so be ready for it...next week is going to be busy.
6-12-2023 Newshound Guru Clare Question: "Once they announce the Budget completed, does that give us the HCL? or is that a whole separate thing we need to deal with?" THE HCL IS IN THE BUDGET...THERE IS AN ARTICLE ...THAT STATES THAT. THE BUDGET WILL BUST EVERYTHING WIDE OPEN...
6-12-2023 Newshound Guru Kaperoni It appears tonight that Iraq Parliament has voted on the budget for the next 3 years. Excellent news. This new tripartite budget is critical to Iraq diversifying their economy over the next 3 years. I believe this is how we will see the dinar rise in value as a result of Iraq's diversification away from oil and economic growth.
6-12-2023 Guest Guru Babysmom THE BUDGET WAS FINALIZED...IT WAS FINALLY APPROVED...THE FINALIZATION OF THIS BUDGET IS LEGENDARY. THE BUDGET WILL NOW GO TO THE PRESIDENT OF IRAQ FOR HIS SIGNATURE AND THEN HE WILL SEND IT TO THE GAZETTE TO BE MADE INTO LAW. THE CBI CAN CHANGE THEIR RATE ANYTIME BETWEEN NOW AND THEN...
6-12-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank and JPMorgan are discussing the development of banking operations" Quote "...the directives of Prime Minister Muhammad Shia'a Al-Sudani to advance the country's economy, and to ensure that the best services are provided to the Iraqi citizen according to the best." Available methods and means within international standards, which will reflect positively on the Iraqi economy."
6-12-2023 Intel Guru MarkZ [via PDK] “Trade Bank of Iraq, JP Morgan discuss banking operations” This is all point of sale and infrastructure. They are doing everything they need to do to be prepared for this exchange...I continue to hear they have positioned the lower denominations for release into the market as soon as they get the “go ahead”.
6-12-2023 Newshound Guru Kaperoni Community comment 'an RV is in the budget.' That is not how it works. The passing of this three tripartite budget gives Iraq the opportunity now to diversify their economy and begin significant reconstruction. Only with the success and growth of their economy will the dinar go up in value.
6-12-2023 Intel Guru Angel1 This is no game. This is real life. There are a lot of people, my friends are there, are excited and encouraged because their economy is exploding. It is exploding now. Can you imagine what's going to happen when that rate reflects the true value? They can't wait. They're salivating.
6-12-2023 Intel Guru Frank26 The clock of the Middle East has to move a little faster and there's a great need for it. Many countries around the world are depending on the Iraqi dinar to become a financial central hub to the Middle East. This is powerful. This is a fact of banking. There are many countries... banks are waiting for this new exchange rate/new national currency of Iraq...
6-12-2023 Guest Guru Babysmom [reference Babysmom post below] ...ONCE THE RATE IS CHANGED IT WOULD THEN GO TO FOREX. ONCE IT'S ON FOREX WE CAN EXCHANGE...
6-12-2023 Newshound Guru Clare Member of the Parliamentary Finance Committee, Youssef Al-Kalabi Tweet "Tomorrow the budget will be sent to the President of the Republic for approval"
6-12-2023 Intel Guru MarkZ [via PDK] We are getting a lot of chatter for the possibilities of some “group level” currency exchanges over the next day or so... I am told the goal is between Tuesday and Thursday of this week...They are getting blown up with requests, times and logistics... Member question: Who are the groups? MarkZ answer: I would name some specifically but would end up in trouble. ...Things appear to be heating up very nicely...And I was told Vietnam is going with Iraq come hell or high water. They are intertwined with each other economically.
6-12-2023 Newshound Guru Militia Man Who's the authority? Central bank is the authority to talk about the exchange rate. The government is the authority to talk about the program, the rollout, the process. That's Sudani...
6-12-2023 Newshound Guru Pimpy Article: "What does JPMorgan's willingness to support Iraqi banks mean?" This is not good...this is like jumping into bed with the devil...What they're trying to do is force Iraq to use U.S. dollars along with anybody else that deals with the IMF or the World Bank...it doesn't mean we won't benefit from it, for those who are invested in the Iraqi dinar, we will. But I'm thinking more for the Iraqi people.
6-12-2023 Intel Guru Frank26 The CBI came out and said we have $111 billion dollars in federal reserves...they also said we have 132.7 tons of gold. So $111 billion in hard cash in foreign currency for their monetary reform and 132.7 tons of gold for their monetary reform. Uh, no! It's a lot more than that!! What they have to support their monetary reform is outstanding. It's astronomical. It's huge...the futures are not even calculated in these numbers. There are untapped assets that are out there right now.
6-12-2023 Intel Guru MarkZ [via PDK] “Iraq’s Parliament approves budget, ending dispute over oil revenue sharing with Kurdish region” This is huge. Oil sharing with Kurdish region is the HCL and one of the major steps we have been waiting for...What I am hearing from the streets in Iraq is that they need a day or a couple days for the prices to stabilize…and I should have an update as to what they are saying “timing wise” soon. A lot of very positive stuff occurred over this weekend.
6-12-2023 Guru Nader From The Mid East After today what is the next step? The next step is the currency...Forex...so be ready for it...next week is going to be busy.
6-12-2023 Newshound Guru Clare Question: "Once they announce the Budget completed, does that give us the HCL? or is that a whole separate thing we need to deal with?" THE HCL IS IN THE BUDGET...THERE IS AN ARTICLE ...THAT STATES THAT. THE BUDGET WILL BUST EVERYTHING WIDE OPEN...
6-12-2023 Newshound Guru Kaperoni It appears tonight that Iraq Parliament has voted on the budget for the next 3 years. Excellent news. This new tripartite budget is critical to Iraq diversifying their economy over the next 3 years. I believe this is how we will see the dinar rise in value as a result of Iraq's diversification away from oil and economic growth.
6-12-2023 Guest Guru Babysmom THE BUDGET WAS FINALIZED...IT WAS FINALLY APPROVED...THE FINALIZATION OF THIS BUDGET IS LEGENDARY. THE BUDGET WILL NOW GO TO THE PRESIDENT OF IRAQ FOR HIS SIGNATURE AND THEN HE WILL SEND IT TO THE GAZETTE TO BE MADE INTO LAW. THE CBI CAN CHANGE THEIR RATE ANYTIME BETWEEN NOW AND THEN...
6-10-2023 Intel Guru Frank26 Article: "The Governor of the Central Bank meets with the Vice President of JPMorgan Bank" JP MORGAN CHASE DEALS WITH FOREIGN CURRENCY TO MAKE MONEY... A PROGRAM RATE MAKES ZERO PROFITS...WHEN YOU CALL CHASE THEY SAY THE DINAR IS A SCAM... NEXT TIME YOU CALL THEM ASK WHY THEY ARE INVESTING IN A SCAM?
6-10-2023 Newshound Guru Pimpy There's a lot of chitter-chatter about what the exchange rate might be and I understand why. But I'm not going to mislead people. I told you if it goes up it's going to go up in increments. There are people out there claiming the exchange rate is going to be reinstated. I understand where they are coming from. I do. But I'm being realistic...we won't know anything until they actually pass what's going on. Will they change the exchange rate? We don't know...Will it go down in value? Will it go up in value? We don't know and I'm not going to lie to you...what I'm saying is hang tight and let's see. There are still a lot of things that are sill not finalized in the budget...
6-10-2023 Newshound Guru Clare Article: "Central: Commitment to strict currency financing instructions will significantly reduce the exchange rate" Quote: "Today, Saturday, the Central Bank revealed its plans to raise financial and gold reserves, while noting that adherence to foreign currency financing packages will contribute to a significant decrease in the dollar exchange rate in the coming days"
6-10-2023 Guru Nader From The Mid East It come out the new currency exists already. They just need to come out with it...just throw it to the streets...it's a lot of good news coming out. They are trying hard. They are trying their best. We cannot blame them. It's like [The U.S.], you got one party and you got the other party so they will never be work together. That's why it's taking a long time... After today what is the next step? The next step is the currency...Forex...so be ready for it...next week is going to be busy.
6-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're showing JP Morgan is meeting with Sudani...today they're saying it's not about oil revenues. It's about non-oil revenues that they came to talk about... Alaq CBI governor saying America's largest bank JP Morgan willing to back Iraq banks in foreign trade in US dollars. FRANK: JP Morgan wants to back up the Iraqi dinar. But it's a scam. It's scam! No it's not. It's about time that you start telling the truth [JP Morgan Bank] and they will pretty soon IMO.
6-10-2023 Guest Guru CANDYKISSES This is good. ***Today, Saturday, a member of the Parliamentary Finance Committee, MP Mudar Al-Karwi, described today's session as crucial for the 2023 budget, denying postponing some articles until after Eid.** I've never seen it any better than it is right now. I will not lose hope. It will happen!! They will get it done.
6-10-2023 Newshound Guru Militia Man Article quote: "United States Bank expresses readiness to support Iraq banks with foreign trade, financing operations and dollars" That bank is JP Morgan Chase. It's worth about $4 trillion U.S. in value. These guys mean business. They're not coming to Iraq to joke around. Being they're that large, they're not there for a quagmire. They're there for the extravaganza of investment. That's incredible to see this at this specific time.
6-10-2023 Intel Guru Frank26 The day that you see the see the HCL you will see the RI. Have you seen the HCL yet? Ladies and gentlemen, in my very strong opinion, Kurdistan = the HCL...The HCL = the RI.
6-10-2023 Newshound Guru Pimpy There are several articles within the constitution that the budget is struggling with. They want to make sure that this budget law is very clear about how it represents those articles...So it isn't as cut and dry as in, 'We pass a budget.' There's a lot of hurdles within the budget that keep it from getting passed right away. What we see them doing is...trying to vote on certain articles...They're piece meaning the entire budget before they pass it 100%...Everybody has to be on the same page...I said it was not going to be that easy. I told you there's more things involved than people realize.
6-10-2023 Intel Guru MarkZ [via PDK] Member Comment: I believe we will see the IQD rate change on the Forex by Sunday. MarkZ: I hope you are right. May not be that soon though My gut says they may need a couple days to watch everything settle. And then they pull the trigger…. Just a guess. But listening to banking contacts – it could be sooner than I think...We have a couple very interesting days ahead of us and possibly a rate change.
6-10-2023 Newshound Guru Pimpy There's a lot of chitter-chatter about what the exchange rate might be and I understand why. But I'm not going to mislead people. I told you if it goes up it's going to go up in increments. There are people out there claiming the exchange rate is going to be reinstated. I understand where they are coming from. I do. But I'm being realistic...we won't know anything until they actually pass what's going on. Will they change the exchange rate? We don't know...Will it go down in value? Will it go up in value? We don't know and I'm not going to lie to you...what I'm saying is hang tight and let's see. There are still a lot of things that are sill not finalized in the budget...
6-10-2023 Newshound Guru Clare Article: "Central: Commitment to strict currency financing instructions will significantly reduce the exchange rate" Quote: "Today, Saturday, the Central Bank revealed its plans to raise financial and gold reserves, while noting that adherence to foreign currency financing packages will contribute to a significant decrease in the dollar exchange rate in the coming days"
6-10-2023 Guru Nader From The Mid East It come out the new currency exists already. They just need to come out with it...just throw it to the streets...it's a lot of good news coming out. They are trying hard. They are trying their best. We cannot blame them. It's like [The U.S.], you got one party and you got the other party so they will never be work together. That's why it's taking a long time... After today what is the next step? The next step is the currency...Forex...so be ready for it...next week is going to be busy.
6-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're showing JP Morgan is meeting with Sudani...today they're saying it's not about oil revenues. It's about non-oil revenues that they came to talk about... Alaq CBI governor saying America's largest bank JP Morgan willing to back Iraq banks in foreign trade in US dollars. FRANK: JP Morgan wants to back up the Iraqi dinar. But it's a scam. It's scam! No it's not. It's about time that you start telling the truth [JP Morgan Bank] and they will pretty soon IMO.
6-10-2023 Guest Guru CANDYKISSES This is good. ***Today, Saturday, a member of the Parliamentary Finance Committee, MP Mudar Al-Karwi, described today's session as crucial for the 2023 budget, denying postponing some articles until after Eid.** I've never seen it any better than it is right now. I will not lose hope. It will happen!! They will get it done.
6-10-2023 Newshound Guru Militia Man Article quote: "United States Bank expresses readiness to support Iraq banks with foreign trade, financing operations and dollars" That bank is JP Morgan Chase. It's worth about $4 trillion U.S. in value. These guys mean business. They're not coming to Iraq to joke around. Being they're that large, they're not there for a quagmire. They're there for the extravaganza of investment. That's incredible to see this at this specific time.
6-10-2023 Intel Guru Frank26 The day that you see the see the HCL you will see the RI. Have you seen the HCL yet? Ladies and gentlemen, in my very strong opinion, Kurdistan = the HCL...The HCL = the RI.
6-10-2023 Newshound Guru Pimpy There are several articles within the constitution that the budget is struggling with. They want to make sure that this budget law is very clear about how it represents those articles...So it isn't as cut and dry as in, 'We pass a budget.' There's a lot of hurdles within the budget that keep it from getting passed right away. What we see them doing is...trying to vote on certain articles...They're piece meaning the entire budget before they pass it 100%...Everybody has to be on the same page...I said it was not going to be that easy. I told you there's more things involved than people realize.
6-10-2023 Intel Guru MarkZ [via PDK] Member Comment: I believe we will see the IQD rate change on the Forex by Sunday. MarkZ: I hope you are right. May not be that soon though My gut says they may need a couple days to watch everything settle. And then they pull the trigger…. Just a guess. But listening to banking contacts – it could be sooner than I think...We have a couple very interesting days ahead of us and possibly a rate change.
6-11-2023 Intel Guru Frank26 Question "At this point can the CBI flip the switch?" At any moment they can flip the switch. At any moment.
6-11-2023 Newshound Guru Samson Article "The House of Representatives held its regular session to complete the vote on the draft financial budget law."
6-11-2023 Newshound Guru Clare Article "urgent.... Parliament approves the tripartite budget" WOOHOOOO!!! THE BUDGET IS FORMALLY DONE! Quote "Article 68 states: This law shall be published in the Official Gazette and implemented as of January 1, 2023."
6-11-2023 Newshound Guru Militia Man The world's largest bank is coming into Iraq. They're doing a digital transformation so they can handle this new growth, reconstruction effort we've been talking about. We can clearly see it's happening before your eyes. We should be really pretty pumped about this.
6-11-2023 Guru Nader From The Mid East Think about it. It made sense to me because when the war started we lost the value of our currency and it was not the CBI decision that did that. It was somebody else. The same people who put the rate down, it's the same people who's gonna put the exchange rate up. It they tell you about a new currency, I agree with them 100%. They tell you about how the economy is doing a lot better, I agree with them 100%. If they talk to you about monetary reforms and all that B.S, 100% right. But the Central Bank of Iraq have nothing to do with the exchange rate... [Post 2 of 2]
6-11-2023 Guru Nader From The Mid East The CBI have nothing to do with the RV...Anybody tell you the CBI can flip the switch, they don' know what they're talking about. It's somebody else has to flip the switch and it's right here in America . They have to agree and they have to give a green light. There's 3 of them - The Treasury of United States, Forex and The World Bank...I'm 100% sure...any Central Bank of any county have nothing to do with the exchange rate. [Post 1 of 2]
6-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: To have JP Morgan come in here and back up our currency that's got to tell us a lot doesn't it? FRANK: Yes...it tells you a lot. IMO it means your currency is now going to enter the international trading market. JP Morgan will be a carrier of the Iraqi currency into the international world and trust me they would not be doing this at a program rate...
6-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] [New Iraqi ATMs update] They're there. They're inside the banks and they're outside the banks on the wall and they're strategically located all over. There's a bulletin/piece of paper/an announcement that's on the ATMs it says, 'These ATMs are not active right now but you will be using them very soon citizens of Iraq.' ...My understanding is all the ATMs are to be loaded with a different currency before mid-month. I have to leave it that right now.
6-11-2023 Newshound Guru Clare Article: "Parliamentary bloc: Voting on controversial articles in the region's budget will pave the way for the adoption of the oil and gas law"
6-11-2023 Newshound Guru Pimpy It's going to go up in increments. It's not going to freaking be reinstated to the $3.22 rate or anything like that. There is a good possibility it could change and improve...or it could be less. I'm saying to you stay grounded. Let's see what they do. Let's see what they vote on before you jump to conclusions that the exchange rate is changing. I'm not negative. I'm not positive...We're all in the same boat. We all want the same thing.
6-11-2023 Intel Guru Frank26 Who cares about the budget. I care about when that budget is open, what it's going to do...this is amazing what's going on with the monetary and economic reform...The budget is not an issue. IMO the budget is done but it's not official, signed released yet so okay it's not 'done'. Fine. But I got a feeling tomorrow [Sunday] they're gonna make a big deal about this budget...
6-11-2023 Guest Guru Babysmom MOST OF THE [Budget] ARTICLES HAVE ALREADY BEEN VOTED UPON. THEY HAD PUT A FEW ASIDE THAT WERE MORE CONTENTIOUS. THEY ARE NOT VOTING IN ORDER BY NUMBER. THEY ARE RESUMING AT 1:00 P.M. TOMORROW IRAQ TIME WHICH IS 6:00 A.M. EASTERN STANDARD TIME. THE GOAL IS TO COMPLETE THE VOTE AS QUICKLY AS POSSIBLE...WE MAY BE CLOSER THAN WE THINK.
6-11-2023 Newshound Guru Samson Article "The House of Representatives held its regular session to complete the vote on the draft financial budget law."
6-11-2023 Newshound Guru Clare Article "urgent.... Parliament approves the tripartite budget" WOOHOOOO!!! THE BUDGET IS FORMALLY DONE! Quote "Article 68 states: This law shall be published in the Official Gazette and implemented as of January 1, 2023."
6-11-2023 Newshound Guru Militia Man The world's largest bank is coming into Iraq. They're doing a digital transformation so they can handle this new growth, reconstruction effort we've been talking about. We can clearly see it's happening before your eyes. We should be really pretty pumped about this.
6-11-2023 Guru Nader From The Mid East Think about it. It made sense to me because when the war started we lost the value of our currency and it was not the CBI decision that did that. It was somebody else. The same people who put the rate down, it's the same people who's gonna put the exchange rate up. It they tell you about a new currency, I agree with them 100%. They tell you about how the economy is doing a lot better, I agree with them 100%. If they talk to you about monetary reforms and all that B.S, 100% right. But the Central Bank of Iraq have nothing to do with the exchange rate... [Post 2 of 2]
6-11-2023 Guru Nader From The Mid East The CBI have nothing to do with the RV...Anybody tell you the CBI can flip the switch, they don' know what they're talking about. It's somebody else has to flip the switch and it's right here in America . They have to agree and they have to give a green light. There's 3 of them - The Treasury of United States, Forex and The World Bank...I'm 100% sure...any Central Bank of any county have nothing to do with the exchange rate. [Post 1 of 2]
6-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: To have JP Morgan come in here and back up our currency that's got to tell us a lot doesn't it? FRANK: Yes...it tells you a lot. IMO it means your currency is now going to enter the international trading market. JP Morgan will be a carrier of the Iraqi currency into the international world and trust me they would not be doing this at a program rate...
6-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] [New Iraqi ATMs update] They're there. They're inside the banks and they're outside the banks on the wall and they're strategically located all over. There's a bulletin/piece of paper/an announcement that's on the ATMs it says, 'These ATMs are not active right now but you will be using them very soon citizens of Iraq.' ...My understanding is all the ATMs are to be loaded with a different currency before mid-month. I have to leave it that right now.
6-11-2023 Newshound Guru Clare Article: "Parliamentary bloc: Voting on controversial articles in the region's budget will pave the way for the adoption of the oil and gas law"
6-11-2023 Newshound Guru Pimpy It's going to go up in increments. It's not going to freaking be reinstated to the $3.22 rate or anything like that. There is a good possibility it could change and improve...or it could be less. I'm saying to you stay grounded. Let's see what they do. Let's see what they vote on before you jump to conclusions that the exchange rate is changing. I'm not negative. I'm not positive...We're all in the same boat. We all want the same thing.
6-11-2023 Intel Guru Frank26 Who cares about the budget. I care about when that budget is open, what it's going to do...this is amazing what's going on with the monetary and economic reform...The budget is not an issue. IMO the budget is done but it's not official, signed released yet so okay it's not 'done'. Fine. But I got a feeling tomorrow [Sunday] they're gonna make a big deal about this budget...
6-11-2023 Guest Guru Babysmom MOST OF THE [Budget] ARTICLES HAVE ALREADY BEEN VOTED UPON. THEY HAD PUT A FEW ASIDE THAT WERE MORE CONTENTIOUS. THEY ARE NOT VOTING IN ORDER BY NUMBER. THEY ARE RESUMING AT 1:00 P.M. TOMORROW IRAQ TIME WHICH IS 6:00 A.M. EASTERN STANDARD TIME. THE GOAL IS TO COMPLETE THE VOTE AS QUICKLY AS POSSIBLE...WE MAY BE CLOSER THAN WE THINK.
6-9-2023 Intel Guru Frank26 Article: "Al-Sudani welcomes the opening of branches of a global bank in Iraq" Quote: "a delegation from the "JP Morgan" bank in Baghdad..." CHASE WAS ONE OF THE FOUR BANKS WE TOLD YOU ABOUT AS A PART OF A FINANCIAL HUB... LOOK AT THE TIMING!
6-9-2023 Newshound Guru Militia Man Kind of crazy - Lots of stuff we don't understand what's true, what's not true. It's pretty common to see things going back and forth. That's to be expected. We've always talked about this over the years. Even the great Dr. Shabibi talked about at the end there would be propaganda...We'll see if this is taking place.
6-9-2023 Intel Guru Angel1 Our investment is wild. We are literally seeing a 3rd world, war torn country become not just a first world country but a leader in the 1st world country. It's mind-boggling...we know Iraq has the value. What we're waiting for is simply the rate to reflect it. The value is there.
6-9-2023 Intel Guru Bruce [via WiserNow] ...We've heard directly from our contacts in Iraq, that Iraq did everything finally...they were allowed to do, by our Government - letting Iraq...put out a new Iraqi dinar currency and rate to open the budget so that it could be seen to make the oil and gas law passed and read...And that was done...And all the ATMs in Iraq are loaded with new lower denomination, Iraqi dinar similar to our denominations. And those have been up and running for a few days now. They have a new rate that came out earlier...[Thursday]. That is very strong...it's been exposed internationally. It's being traded up from when it first came out. And that's a good sign. ...we have heard from pretty strong sources “imminent”...it could be over the next day or two. So we're just have to wait and see what happens... I think we're super close.
6-9-2023 Newshound Guru Clare Article: "The Governor of the Central Bank meets with the Vice President of JPMorgan Bank" Quote: "Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing and the adoption of international standards in money transfers...the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step...JPMorgan Bank is the largest US bank in terms of financial assets, with assets amounting to about $4 trillion.
6-9-2023 Intel Guru Frank26 I'm frustrated too. I'm anxious too. I want this to end too...all the Iraqi citizens they're also suffering. They're all going through a lot. You have to be patient. You're in a position where you can afford to be patient. They're in a position where they cannot. There is nothing for them to use with value.
6-9-2023 Intel Guru MarkZ [via PDK] “Baghdad today publishes the final version of Iraq’s tripartite budget law” It’s published but we are still waiting for news that they have rubber stamped it and it is official. We should see that sometime today.
6-9-2023 Guru Nader From The Mid East The budge has been approved. Everything has been approved. They're saying they have to vote but they vote. It's been approved for a long time already but they just wanna make a big show...Today the budget will travel to the Senate, the Senate will sign for it and that's it, we're done with the budget and now the new currencies.
6-9-2023 Newshound Guru Clare Community comment: "I have an opinion...it's [the budget] done!" CLARE: TECHNICALLY... IT IS NOT DONE OR THEY WOULD NOT HAVE ANOTHER VOTE TO FINALIZE IT TODAY... FACT.
6-9-2023 Newshound/Intel Guru Mnt Goat ...I think, no one knows their schedule for rollout for sure...I have had many conversations with the CBI since January of this year...Sometimes I just...shake my head in amazement at what has taken place since January… The news from Iraq over these past 5 months has been all about the wanted events we have been looking for since investing in the dinar...our target is definitely in reach.
6-9-2023 Intel Guru MarkZ [via PDK] Member question: so what happens next? MarkZ Answer: As explained to me from folks over there in finance…they are waiting for markets to stabilize and they believe this could happen in short order. Is it hours? Is it days? Is it longer? We don’t know. It may be 24-48 hours before we know. My understanding is with the passing of the budget the US government fingers will finally be out of the Iraqi pocketbook. And once they get it legally stamped they can move forward...I am hearing a lot from Reno and other areas that they have expectations of this thing moving forward over the next 24 hours or so. I am hopeful as well.
6-9-2023 Newshound Guru Militia Man Kind of crazy - Lots of stuff we don't understand what's true, what's not true. It's pretty common to see things going back and forth. That's to be expected. We've always talked about this over the years. Even the great Dr. Shabibi talked about at the end there would be propaganda...We'll see if this is taking place.
6-9-2023 Intel Guru Angel1 Our investment is wild. We are literally seeing a 3rd world, war torn country become not just a first world country but a leader in the 1st world country. It's mind-boggling...we know Iraq has the value. What we're waiting for is simply the rate to reflect it. The value is there.
6-9-2023 Intel Guru Bruce [via WiserNow] ...We've heard directly from our contacts in Iraq, that Iraq did everything finally...they were allowed to do, by our Government - letting Iraq...put out a new Iraqi dinar currency and rate to open the budget so that it could be seen to make the oil and gas law passed and read...And that was done...And all the ATMs in Iraq are loaded with new lower denomination, Iraqi dinar similar to our denominations. And those have been up and running for a few days now. They have a new rate that came out earlier...[Thursday]. That is very strong...it's been exposed internationally. It's being traded up from when it first came out. And that's a good sign. ...we have heard from pretty strong sources “imminent”...it could be over the next day or two. So we're just have to wait and see what happens... I think we're super close.
6-9-2023 Newshound Guru Clare Article: "The Governor of the Central Bank meets with the Vice President of JPMorgan Bank" Quote: "Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing and the adoption of international standards in money transfers...the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step...JPMorgan Bank is the largest US bank in terms of financial assets, with assets amounting to about $4 trillion.
6-9-2023 Intel Guru Frank26 I'm frustrated too. I'm anxious too. I want this to end too...all the Iraqi citizens they're also suffering. They're all going through a lot. You have to be patient. You're in a position where you can afford to be patient. They're in a position where they cannot. There is nothing for them to use with value.
6-9-2023 Intel Guru MarkZ [via PDK] “Baghdad today publishes the final version of Iraq’s tripartite budget law” It’s published but we are still waiting for news that they have rubber stamped it and it is official. We should see that sometime today.
6-9-2023 Guru Nader From The Mid East The budge has been approved. Everything has been approved. They're saying they have to vote but they vote. It's been approved for a long time already but they just wanna make a big show...Today the budget will travel to the Senate, the Senate will sign for it and that's it, we're done with the budget and now the new currencies.
6-9-2023 Newshound Guru Clare Community comment: "I have an opinion...it's [the budget] done!" CLARE: TECHNICALLY... IT IS NOT DONE OR THEY WOULD NOT HAVE ANOTHER VOTE TO FINALIZE IT TODAY... FACT.
6-9-2023 Newshound/Intel Guru Mnt Goat ...I think, no one knows their schedule for rollout for sure...I have had many conversations with the CBI since January of this year...Sometimes I just...shake my head in amazement at what has taken place since January… The news from Iraq over these past 5 months has been all about the wanted events we have been looking for since investing in the dinar...our target is definitely in reach.
6-9-2023 Intel Guru MarkZ [via PDK] Member question: so what happens next? MarkZ Answer: As explained to me from folks over there in finance…they are waiting for markets to stabilize and they believe this could happen in short order. Is it hours? Is it days? Is it longer? We don’t know. It may be 24-48 hours before we know. My understanding is with the passing of the budget the US government fingers will finally be out of the Iraqi pocketbook. And once they get it legally stamped they can move forward...I am hearing a lot from Reno and other areas that they have expectations of this thing moving forward over the next 24 hours or so. I am hopeful as well.
6-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI saying the banks are currently adopting a mechanism to enhance and promote the banking system and stability. FRANK: The monetary reform education is just beautiful. Every day the education gets stronger and stronger, louder and louder, clearer and clearer. You think a program rate enhances stability for their currency? Of course not.
6-8-2023 Newshound Guru Militia Man With the urgency they have, what we're thinking is if they expose an exchange rate or the budget and sign off on it...you're going to see what the effects are...because this is not just an operational budget, it's an investment budget. It's the first time ever for having a 3-year budget...the most critical budget in the history of Iraq. That's a fact.
6-8-2023 Intel Guru MarkZ [via PDK] Lots happening today. Did it pass or didn’t it pass? This is what I’m hearing from Iraq. This was explained to me from an International attorney. Think of it as a closing on a house and it happened late in the day. You sign all the paperwork…everyone is dotting I’s and crossing t’s until say 5:30 in the evening. You done everything you need to do…but, you have to wait until the clerk of courts is open the next day to hand off the paperwork and get a stamp on it. I am told that is where we are at on the budget. It’s done but will not be official until their judicial system opens tomorrow morning…It’s done and passed and we will get all the official news tomorrow.
6-8-2023 Newshound Guru Sandy Ingram Did Iraq receive a warning from the IMF and the World Bank? Here's what many of us did not know about Iraq's 2023 budget. An article reported the International Monetary Fund, the World Bank and the United States warned Iraq about its 2023 budget. It seem the budget is the largest ever in Iraq history...Here's the deal, I could not confirm the IMF, WB nor the United State's disapproval of the budget. What I did confirm was the budget will run with a deficit of $48.7 billion US dollars which is IQD 63.27 trillion. I also confirmed this was up from $19.9 billion or IQD 25.7 trillion in 2021 when the government last presented a budget. So maybe the IMF, WB said something. This is a huge increase for Iraq.
6-8-2023 Guru Nader From The Mid East The budget has been passed. Congratulations on the budget has been passed. Now we're gonna wait. What's in the budget? [We'll see] if it's anything good for everybody...for you guys and for Iraq. We'll see.
6-8-2023 Newshound/Intel Guru Mnt Goat Since we already know the Iraqi Finance Committee, IMF and the US has told us they would give the “green light” to go ahead if this is completed, I really believe we may see the end to the RV saga very shortly and I mean VERY SHORTLY. I never thought I would predict this so soon but we may see the rate we are looking for even next week. But that is dependent on the budget passing without interruption. [post 2 of 2]
6-8-2023 Newshound/Intel Guru Mnt Goat So, what is thought to happen if the budget is voted and passed today? ... what I believe... is in the budget to make it an important milestone that is needed for the process of the currency reform to move to its final stage and that is the Project to Delete the Zeros and then followed by the Reinstatement on Forex. In the budget is the needed legislation for this effort (as required by law) and the money in the budget needed to follow through with it by the CBI. [post 1 of 2....stay tuned]
6-8-2023 Intel Guru MarkZ [via PDK] They are at this point expecting the vote to be at noon est…All eyes are on that one. This is one of the last steps...I do not expect a rate in the budget. But, there is a mechanism in the budget for them to change the rate. And I would not be surprised to see the new rate passed very close on the budgets heels. Based on the chatter coming out of Iraq this makes sense.
6-8-2023 Newshound Guru Clare Article: "urgent... He revealed the reason for the postponement of the parliament session to eight in the evening " Quote: "A deputy revealed the reason for postponing the House of Representatives session, scheduled for today, Thursday, to vote on the draft financial budget law, from 1:00 p.m. to 8:00 p.m...Jawad al-Ghazali, of the State of Law bloc... expressed his confidence in "approving the budget this evening because the Iraqi people need and are waiting for that."
6-8-2023 Intel Guru Frank26 Everything you're seeing is evidence it's about to happen. You can't show me one thing that says...it's not going to happen. Even if you approach me and say, 'hey, look we don't have the budget.' What do I say to you? Everything waits for the new exchange rate. Even the budget...
6-8-2023 Newshound Guru Pimpy It looks like they finally might have agreed on a budged. Supposed to be voted on by [today]. We'll see. It looks like the Kurdistan Democratic Part, the same group of people they said they were going to pass the bill without, not only were they not able to pass the budget without them but it looks like they got exactly what they wanted according to the articles...let's see if they got anything accomplished.
6-8-2023 Newshound Guru Militia Man What we're waiting on is the budget to be passed, ratified, however you want to talk about it. Does it happen [today]... Something could happen just thereafter and/or prior to getting it to The Gazette. There's a window there. I'm not saying I know how it's going to play out but the nice part is there could be a rate before the budget gets exposed or B at the same time or C within a short period of time because ...we know the budget doesn't work at 1310 so there's going to be some changes...
6-8-2023 Newshound/Intel Guru Mnt Goat ...from what I can see it is now the Finance Committee that is lagging in support to give the CBI the green light. They feel they need the 3-year budget in place and voted on and passed. Earth News/.. The parliamentary finance committee confirmed on Monday that the resolution of the vote on the budget law by the House of Representatives will be this week. Parliament Speaker Muhammad al-Halbousi and the Secretary-General of the League of the Righteous Movement, Qais Khazali, stressed the need to pass the budget as soon as possible. I think they will pass it this week since this session ends this week and the members all want their break.
6-8-2023 Newshound Guru Militia Man With the urgency they have, what we're thinking is if they expose an exchange rate or the budget and sign off on it...you're going to see what the effects are...because this is not just an operational budget, it's an investment budget. It's the first time ever for having a 3-year budget...the most critical budget in the history of Iraq. That's a fact.
6-8-2023 Intel Guru MarkZ [via PDK] Lots happening today. Did it pass or didn’t it pass? This is what I’m hearing from Iraq. This was explained to me from an International attorney. Think of it as a closing on a house and it happened late in the day. You sign all the paperwork…everyone is dotting I’s and crossing t’s until say 5:30 in the evening. You done everything you need to do…but, you have to wait until the clerk of courts is open the next day to hand off the paperwork and get a stamp on it. I am told that is where we are at on the budget. It’s done but will not be official until their judicial system opens tomorrow morning…It’s done and passed and we will get all the official news tomorrow.
6-8-2023 Newshound Guru Sandy Ingram Did Iraq receive a warning from the IMF and the World Bank? Here's what many of us did not know about Iraq's 2023 budget. An article reported the International Monetary Fund, the World Bank and the United States warned Iraq about its 2023 budget. It seem the budget is the largest ever in Iraq history...Here's the deal, I could not confirm the IMF, WB nor the United State's disapproval of the budget. What I did confirm was the budget will run with a deficit of $48.7 billion US dollars which is IQD 63.27 trillion. I also confirmed this was up from $19.9 billion or IQD 25.7 trillion in 2021 when the government last presented a budget. So maybe the IMF, WB said something. This is a huge increase for Iraq.
6-8-2023 Guru Nader From The Mid East The budget has been passed. Congratulations on the budget has been passed. Now we're gonna wait. What's in the budget? [We'll see] if it's anything good for everybody...for you guys and for Iraq. We'll see.
6-8-2023 Newshound/Intel Guru Mnt Goat Since we already know the Iraqi Finance Committee, IMF and the US has told us they would give the “green light” to go ahead if this is completed, I really believe we may see the end to the RV saga very shortly and I mean VERY SHORTLY. I never thought I would predict this so soon but we may see the rate we are looking for even next week. But that is dependent on the budget passing without interruption. [post 2 of 2]
6-8-2023 Newshound/Intel Guru Mnt Goat So, what is thought to happen if the budget is voted and passed today? ... what I believe... is in the budget to make it an important milestone that is needed for the process of the currency reform to move to its final stage and that is the Project to Delete the Zeros and then followed by the Reinstatement on Forex. In the budget is the needed legislation for this effort (as required by law) and the money in the budget needed to follow through with it by the CBI. [post 1 of 2....stay tuned]
6-8-2023 Intel Guru MarkZ [via PDK] They are at this point expecting the vote to be at noon est…All eyes are on that one. This is one of the last steps...I do not expect a rate in the budget. But, there is a mechanism in the budget for them to change the rate. And I would not be surprised to see the new rate passed very close on the budgets heels. Based on the chatter coming out of Iraq this makes sense.
6-8-2023 Newshound Guru Clare Article: "urgent... He revealed the reason for the postponement of the parliament session to eight in the evening " Quote: "A deputy revealed the reason for postponing the House of Representatives session, scheduled for today, Thursday, to vote on the draft financial budget law, from 1:00 p.m. to 8:00 p.m...Jawad al-Ghazali, of the State of Law bloc... expressed his confidence in "approving the budget this evening because the Iraqi people need and are waiting for that."
6-8-2023 Intel Guru Frank26 Everything you're seeing is evidence it's about to happen. You can't show me one thing that says...it's not going to happen. Even if you approach me and say, 'hey, look we don't have the budget.' What do I say to you? Everything waits for the new exchange rate. Even the budget...
6-8-2023 Newshound Guru Pimpy It looks like they finally might have agreed on a budged. Supposed to be voted on by [today]. We'll see. It looks like the Kurdistan Democratic Part, the same group of people they said they were going to pass the bill without, not only were they not able to pass the budget without them but it looks like they got exactly what they wanted according to the articles...let's see if they got anything accomplished.
6-8-2023 Newshound Guru Militia Man What we're waiting on is the budget to be passed, ratified, however you want to talk about it. Does it happen [today]... Something could happen just thereafter and/or prior to getting it to The Gazette. There's a window there. I'm not saying I know how it's going to play out but the nice part is there could be a rate before the budget gets exposed or B at the same time or C within a short period of time because ...we know the budget doesn't work at 1310 so there's going to be some changes...
6-8-2023 Newshound/Intel Guru Mnt Goat ...from what I can see it is now the Finance Committee that is lagging in support to give the CBI the green light. They feel they need the 3-year budget in place and voted on and passed. Earth News/.. The parliamentary finance committee confirmed on Monday that the resolution of the vote on the budget law by the House of Representatives will be this week. Parliament Speaker Muhammad al-Halbousi and the Secretary-General of the League of the Righteous Movement, Qais Khazali, stressed the need to pass the budget as soon as possible. I think they will pass it this week since this session ends this week and the members all want their break.
6-7-2023 Intel Guru Frank26 The budget is no concern to me. It is what the budget is going to reveal that is of great concern to me...
6-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank owner friend Aki update] WALKINGSTICK: I had him in the truck and I thought I would take advantage of it so I turned to him and I said, 'Hey Aki, have you heard anything more about this announcement that they're going to be making that you told me about, you know the currency?' [See Walkingstick's Aki update post below.] AKI: Be patient. They are soon to announce the tender. The tender will show the citizens the definition of the lower denoms. They will know the 1's, 5's, 10's, 20's etc etc. Also, the citizens will be told at that time the date of when they are to go and pick up the lower denoms from the banks or through their accounts. This may be together/simultaneously or it may be when they do the budget.
6-7-2023 Newshound Guru Clare Article "Iraq raises its hard currency reserves to more than $111 billion" Quote "The Central Bank announced, on Tuesday...Iraq's hard currency reserves increased during May of this year 2023 to reach 111 billion and 765 million dollars, an increase of 45.14% compared to the same period last year 2022, which amounted to Iraq's reserves. Of the hard currency, 77.003 billion dollars, an increase of 79.97% over the same period in 2021, when the reserves amounted to 62.101 billion dollars."
6-7-2023 Newshound Guru Militia Man It's not the Iraqi government's job to change the exchange rate of the dollar but what they're saying is they're using the new Swift system and that is going to effectively raise the value of the dinar...
6-7-2023 Intel Guru Bruce [via WiserNow] ...Sunday for the first time redemption center staff - full staff went in within for a two hour zoom call...they were able to see the new rates on all the currencies, hit the screens, and come up and they can watch them actually come in and change values and go up and so on as they do...I heard...from one of my Intel sources that said that the so called true back wall, the real back wall is the seventh of June... something should be happening by Wednesday [today]...what we've got now is pointing to the back wall being activated...it appears that the most likely scenario involves us starting our exchanges on Thursday is the 8th...Let's see what happens.
6-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International experts and Shia AL Sayhoud are saying in an interview on the television last night for all Iraqis do not use the American dollar but rather obtain and use the dinar for it is going to be the highest currency in the world. This is his personal opinion but he's pretty good on the international advice. FRANK: This is amazing...For those International experts to be telling you Iraqi citizens to get as many dinars as you can and to hold on to them because it's going to become the most powerful in the world, I disagree with him. I believe it's going to be the most powerful currency in the universe!
6-7-2023 Newshound Guru Pimpy They are expecting this [major oil project] to be completed in the second quarter of 2025. There is that year again - 2025. The budgets end in 2025. This will be done by 2025. If you remember correctly they're not even supposed to be dealing with the Iraqi exchange rate change until 2025. So with all these major changes happening possibly in the positive we could see definitely an increase in the value of the Iraqi dinar.
6-7-2023 Intel Guru Angel1 I'm a little bummed June 1 went right by us and there wasn't a rate that reflected the value. However seeing everything put together I am extremely confident in knowing we are extremely close to seeing a rate reflect the true value that Iraq has...
6-7-2023 Intel Guru Frank26 Once that budget is open it will set off a domino effect of many things that I so badly want to tell you...
6-7-2023 Intel Guru MarkZ [via PDK] Member Question: What happens if Iraq does not pass the budget before they go on recess on 6/9? MarkZ Answer: I am told it’s a done deal. But, I was also told that they could not go into recess if it’s not passed. Article: ”Draft Budget to be voted on in it’s entirety next week” They mean tomorrow. Thursday…thats what they are referencing.
6-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank owner friend Aki update] ...They're making an announcement about the new currency very soon...
6-7-2023 Newshound/Intel Guru Mnt Goat Remember also that this 3-year budget saga has significance on the RV in the fact that none of it effecting Iraq so much that it can’t pull the trigger on the reinstatement at any time being that the IMF and the US both stated many times recently that the Iraqi corruption is under control and the country is STABLE and SECURE. They are ready. Not to mention the extent of wealth and reserves...This is a perfect timing to reinstate. WOW! [post 2 of 2]
6-7-2023 Newshound/Intel Guru Mnt Goat The IMF just told us “The International Monetary Fund praises the policies of the Central Bank in supporting the national economy”. ...Remember...that the petro-dollar from Iraqi oil revenues is still being processes through the US banks, exec order 13303 was renewed...The CBI also implemented since January 3 packages of measures to curb and eventually eliminate the use of the US dollar in Iraq. Folks, common sense alone tells us that all these measures were not for nothing...if we look into the Dr Shabibi plan of 2011 we can clearly see that this is not random but following the last stages of the plan, step by step. [post 1 of 2....stay tuned]
6-7-2023 Intel Guru RayRen98 WHO SAYS WE NEED A BUDGET FOR AN RV. IRAQ HAS "CHANGED" IT'S RATE SEVERAL TIMES IN THE PAST 2 YEARS WITHOUT A BUDGET.
6-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank owner friend Aki update] WALKINGSTICK: I had him in the truck and I thought I would take advantage of it so I turned to him and I said, 'Hey Aki, have you heard anything more about this announcement that they're going to be making that you told me about, you know the currency?' [See Walkingstick's Aki update post below.] AKI: Be patient. They are soon to announce the tender. The tender will show the citizens the definition of the lower denoms. They will know the 1's, 5's, 10's, 20's etc etc. Also, the citizens will be told at that time the date of when they are to go and pick up the lower denoms from the banks or through their accounts. This may be together/simultaneously or it may be when they do the budget.
6-7-2023 Newshound Guru Clare Article "Iraq raises its hard currency reserves to more than $111 billion" Quote "The Central Bank announced, on Tuesday...Iraq's hard currency reserves increased during May of this year 2023 to reach 111 billion and 765 million dollars, an increase of 45.14% compared to the same period last year 2022, which amounted to Iraq's reserves. Of the hard currency, 77.003 billion dollars, an increase of 79.97% over the same period in 2021, when the reserves amounted to 62.101 billion dollars."
6-7-2023 Newshound Guru Militia Man It's not the Iraqi government's job to change the exchange rate of the dollar but what they're saying is they're using the new Swift system and that is going to effectively raise the value of the dinar...
6-7-2023 Intel Guru Bruce [via WiserNow] ...Sunday for the first time redemption center staff - full staff went in within for a two hour zoom call...they were able to see the new rates on all the currencies, hit the screens, and come up and they can watch them actually come in and change values and go up and so on as they do...I heard...from one of my Intel sources that said that the so called true back wall, the real back wall is the seventh of June... something should be happening by Wednesday [today]...what we've got now is pointing to the back wall being activated...it appears that the most likely scenario involves us starting our exchanges on Thursday is the 8th...Let's see what happens.
6-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International experts and Shia AL Sayhoud are saying in an interview on the television last night for all Iraqis do not use the American dollar but rather obtain and use the dinar for it is going to be the highest currency in the world. This is his personal opinion but he's pretty good on the international advice. FRANK: This is amazing...For those International experts to be telling you Iraqi citizens to get as many dinars as you can and to hold on to them because it's going to become the most powerful in the world, I disagree with him. I believe it's going to be the most powerful currency in the universe!
6-7-2023 Newshound Guru Pimpy They are expecting this [major oil project] to be completed in the second quarter of 2025. There is that year again - 2025. The budgets end in 2025. This will be done by 2025. If you remember correctly they're not even supposed to be dealing with the Iraqi exchange rate change until 2025. So with all these major changes happening possibly in the positive we could see definitely an increase in the value of the Iraqi dinar.
6-7-2023 Intel Guru Angel1 I'm a little bummed June 1 went right by us and there wasn't a rate that reflected the value. However seeing everything put together I am extremely confident in knowing we are extremely close to seeing a rate reflect the true value that Iraq has...
6-7-2023 Intel Guru Frank26 Once that budget is open it will set off a domino effect of many things that I so badly want to tell you...
6-7-2023 Intel Guru MarkZ [via PDK] Member Question: What happens if Iraq does not pass the budget before they go on recess on 6/9? MarkZ Answer: I am told it’s a done deal. But, I was also told that they could not go into recess if it’s not passed. Article: ”Draft Budget to be voted on in it’s entirety next week” They mean tomorrow. Thursday…thats what they are referencing.
6-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank owner friend Aki update] ...They're making an announcement about the new currency very soon...
6-7-2023 Newshound/Intel Guru Mnt Goat Remember also that this 3-year budget saga has significance on the RV in the fact that none of it effecting Iraq so much that it can’t pull the trigger on the reinstatement at any time being that the IMF and the US both stated many times recently that the Iraqi corruption is under control and the country is STABLE and SECURE. They are ready. Not to mention the extent of wealth and reserves...This is a perfect timing to reinstate. WOW! [post 2 of 2]
6-7-2023 Newshound/Intel Guru Mnt Goat The IMF just told us “The International Monetary Fund praises the policies of the Central Bank in supporting the national economy”. ...Remember...that the petro-dollar from Iraqi oil revenues is still being processes through the US banks, exec order 13303 was renewed...The CBI also implemented since January 3 packages of measures to curb and eventually eliminate the use of the US dollar in Iraq. Folks, common sense alone tells us that all these measures were not for nothing...if we look into the Dr Shabibi plan of 2011 we can clearly see that this is not random but following the last stages of the plan, step by step. [post 1 of 2....stay tuned]
6-7-2023 Intel Guru RayRen98 WHO SAYS WE NEED A BUDGET FOR AN RV. IRAQ HAS "CHANGED" IT'S RATE SEVERAL TIMES IN THE PAST 2 YEARS WITHOUT A BUDGET.
6-6-2023 Intel Guru Frank26 The currency inflation, because they don't have the new national currency is worthless - because they don't have the new exchange rate - because they don't have the budget out that will trigger the new exchange rate IMO. Yeah, this inflation is leading into a recession and that's not good.
6-6-2023 Newshound Guru Militia Man At this moment if you are buying something, the smallest denomination in Iraq is a 250 note. So if something costs 350 how are you going to get that product without giving them a 500? You're going to lose little bit of money on that because there's no change. That's inflationary...If you find they adjusted the exchange rate and you don't have any small category notes or fils, it's going to get worse...If they can support the dinar with all the commercial merchants throughout the country [with electronic POS] it's going to create what? ...Demand for their currency. That's how the currency will gain value...
6-6-2023 Intel Guru MarkZ [via PDK] “State Forces receive draft budget and parliamentary signatures to pass it this week” Some of the main stream news says it will be voted on this Thursday.
6-6-2023 Newshound Guru Kaperoni Community comment: "It will float but will make a large jump to begin with and hold for a bit to squeeze the printed currency out of circulation...." Well unfortunately you don't understand how floats work. When they float, the currency will go up but it'll be based on several factors.. GDP, supply and demand etc. A pace will be controlled by the Central Bank of Iraq as they sell currency in blocks.
6-6-2023 Newshound Guru Sandy Ingram This is what's happening behind closed doors...the Kurdistan dispute. We know you want to hear good news. However, good news doesn't always facilitate our investment goals. As investors we need to understand what's holding up the currency value...Turkey has put a dent in Iraq's agenda. However Iraq started the domino effect over 5 years ago when they sued Turkey in international courts for allowing KRG oil to pass through the Cayenne Port in Turkey without Baghdad's permission. Iraq won the lawsuit and it made Turkey so angry they closed down the oil pipeline...The bottom line is Iraq is losing billions in revenue. Revenue the country needs to climb out of the downturn the economy from the world health crisis and war.
6-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is saying the 20K note is not on the agenda anytime soon. FRANK: Do you really need the 20K note? Of course not. You need the lower denominations. That's why they told you they want to give you notes under the 250 notes...the 20K note was an idea...but it's not being accepted...it is not compatible with the new exchange rate that they want to come out with...
6-6-2023 Newshound Guru Pimpy I really do believe the Iraqi government, although I still question Maliki, they appear to definitely be on the right track and do what's best for the Iraqi people. As much as they're trying to stay neutral and stay out of trouble it doesn't help when the Untied States is looking for any an all excuses to bring troops there... Right now we know everything is just talk. We now know the U.S. troops are going over there. There's no uprising or disturbances that we should be focused on. Iraq just needs to keep moving forward to keep the nose out of trouble...we'll keep an eye on it.
6-6-2023 Intel Guru MarkZ [via PDK] There isn’t a back wall date but I know what their targets are. And, things appear to be well on track for meeting them...My redemption folks are expecting a very busy week this week and weekend. They very much believe it will happen this week. Somewhere over the next few days. I hope this is accurate.
6-6-2023 Intel Guru Angel1 The IMF report - It was a great report. I think there were some negatives in there. The reason for the negatives is because ...they are implementing some massive changes and because of that you're not going to have a bunch of great numbers...They went from a multi-currency practice to a single currency practice. Not only that, they went digital. All of this is necessary for their new currency, for their RV, for them to go international...I saw nothing bad in that report. Recommendations the IMF gave are fantastic...Iraq is already ahead of the game on it and I'd even say rounding 3rd base on a lot of those recommendations. So far so good.
6-6-2023 Intel Guru Frank26 The IMF said to the CBI and Sudani, 'Get your budget out now.' Why? Because it has the markers...evidence...reasons for a new exchange rate and international currency...So the IMF came out last week and told the CBI and Sudani will you please open your budget instead of the same old mantra, 'Raise the value of your currency.' Now it's, 'will you please open your budget because you're dealing with a recession.'
6-6-2023 Intel Guru MarkZ [via PDK] “Oil surges after Saudi’s make additional 1 million bpd voluntary production cut” To me this is important because Iraq’s value is affected by oil...I think this may be a move to help support Iraq’s value…
6-6-2023 Newshound Guru Militia Man At this moment if you are buying something, the smallest denomination in Iraq is a 250 note. So if something costs 350 how are you going to get that product without giving them a 500? You're going to lose little bit of money on that because there's no change. That's inflationary...If you find they adjusted the exchange rate and you don't have any small category notes or fils, it's going to get worse...If they can support the dinar with all the commercial merchants throughout the country [with electronic POS] it's going to create what? ...Demand for their currency. That's how the currency will gain value...
6-6-2023 Intel Guru MarkZ [via PDK] “State Forces receive draft budget and parliamentary signatures to pass it this week” Some of the main stream news says it will be voted on this Thursday.
6-6-2023 Newshound Guru Kaperoni Community comment: "It will float but will make a large jump to begin with and hold for a bit to squeeze the printed currency out of circulation...." Well unfortunately you don't understand how floats work. When they float, the currency will go up but it'll be based on several factors.. GDP, supply and demand etc. A pace will be controlled by the Central Bank of Iraq as they sell currency in blocks.
6-6-2023 Newshound Guru Sandy Ingram This is what's happening behind closed doors...the Kurdistan dispute. We know you want to hear good news. However, good news doesn't always facilitate our investment goals. As investors we need to understand what's holding up the currency value...Turkey has put a dent in Iraq's agenda. However Iraq started the domino effect over 5 years ago when they sued Turkey in international courts for allowing KRG oil to pass through the Cayenne Port in Turkey without Baghdad's permission. Iraq won the lawsuit and it made Turkey so angry they closed down the oil pipeline...The bottom line is Iraq is losing billions in revenue. Revenue the country needs to climb out of the downturn the economy from the world health crisis and war.
6-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is saying the 20K note is not on the agenda anytime soon. FRANK: Do you really need the 20K note? Of course not. You need the lower denominations. That's why they told you they want to give you notes under the 250 notes...the 20K note was an idea...but it's not being accepted...it is not compatible with the new exchange rate that they want to come out with...
6-6-2023 Newshound Guru Pimpy I really do believe the Iraqi government, although I still question Maliki, they appear to definitely be on the right track and do what's best for the Iraqi people. As much as they're trying to stay neutral and stay out of trouble it doesn't help when the Untied States is looking for any an all excuses to bring troops there... Right now we know everything is just talk. We now know the U.S. troops are going over there. There's no uprising or disturbances that we should be focused on. Iraq just needs to keep moving forward to keep the nose out of trouble...we'll keep an eye on it.
6-6-2023 Intel Guru MarkZ [via PDK] There isn’t a back wall date but I know what their targets are. And, things appear to be well on track for meeting them...My redemption folks are expecting a very busy week this week and weekend. They very much believe it will happen this week. Somewhere over the next few days. I hope this is accurate.
6-6-2023 Intel Guru Angel1 The IMF report - It was a great report. I think there were some negatives in there. The reason for the negatives is because ...they are implementing some massive changes and because of that you're not going to have a bunch of great numbers...They went from a multi-currency practice to a single currency practice. Not only that, they went digital. All of this is necessary for their new currency, for their RV, for them to go international...I saw nothing bad in that report. Recommendations the IMF gave are fantastic...Iraq is already ahead of the game on it and I'd even say rounding 3rd base on a lot of those recommendations. So far so good.
6-6-2023 Intel Guru Frank26 The IMF said to the CBI and Sudani, 'Get your budget out now.' Why? Because it has the markers...evidence...reasons for a new exchange rate and international currency...So the IMF came out last week and told the CBI and Sudani will you please open your budget instead of the same old mantra, 'Raise the value of your currency.' Now it's, 'will you please open your budget because you're dealing with a recession.'
6-6-2023 Intel Guru MarkZ [via PDK] “Oil surges after Saudi’s make additional 1 million bpd voluntary production cut” To me this is important because Iraq’s value is affected by oil...I think this may be a move to help support Iraq’s value…
6-5-2023 Intel Guru Frank26 The potential of the Iraqi dinar once it starts floating is ridiculous. That's why they' going to have to keep a + or - 2% to 3% and put a cap on it. And that's why IMO I think the cap should be somewhere around $4.25.
6-5-2023 Intel Guru Angel1 May 31 the highest level delegation arrived in DC and the purpose of that visit was to ask for an extension. Remember June 1 was the hard date...they were in DC for less than 24 hours...they got their extension ...commands... orders...That same day the CBI stops all transactions from Western Union. The purpose of that was to take full control of the IQD...June 1 was another huge day. They launched the electronic platform with great success...now we're going to see and we have been seeing lightening speed because of the decisions and agreements that these Middle Eastern countries have made and continue to make together...they want to see the Middle East explode. That is what's happening right now. [Post 2 of 2]
6-5-2023 Intel Guru Angle1 In February there was a massive delegation from Iraq who went to DC to talk about the economic reforms. Here's what we know for a fact. DC told Iraq they have until June 1 to execute everything. To revalue their currency, to make them international and to move forward with their monetary reform. June 1 passed. Let me backtrack. May 30th was absolutely massive...there was a decision in which Kurdistan Regional Government was dissolved. Iraq was like a two headed monster... Baghdad... Kurdistan...that was unconstitutional...On May 30th the judge ruled and now the KRG has been dissolved. Their power and authority has been taken from them...that was a requirement in order for them to move forward. [Post 1 of 2...stay tuned]
6-5-2023 Intel Guru MarkZ [via PDK] It was exceptionally quiet today. Everyone seems to be expecting a very big news day tomorrow. We will see how that goes.
6-5-2023 Intel/Newshound Guru Walkingstick [via Frank26] There ain't no delays. Ain't no problems. They're going down the budget and they're checking off all that is needed to prepare the release of the budget and for their monetary and economic reforms. That budget is the spinal cord for the economic reforms because of the success of the monetary reform and the RV phase that put the monetary reform where it's at right now...to see it reinstated, put back to what it was, that would be good.
6-5-2023 Newshound Guru Militia Man The IMF gave them a stern warning ...It says time is running short for this government ...Opportunities are beginning to diminish. It goes on and says it must focus on dealing with the internal economic imbalances and the corruption with all its tool...Iraq has some shackles still...I think it was protections for investors...this comment basically stating get your internal stuff done because the international external situation, those deals, are not what we're going to be talking about...get Article VIII complaint and let's move on and get to the private sector...
6-5-2023 Newshound Guru Sandy Ingram Article: "$17 billion Development Road Project Launched by Iraqi Government" ...Iraq's project could change global travel routes. Iraq is building a transport corridor between the Persian Gulf and the Mediterranean Sea...this is a major development that could change the way the world travels from Asia to Europe.
6-5-2023 Newshound Guru Pimpy Iran and Saudi Arabia whose intentions are to join the BRICS nations this obviously could affect Iraq. I'm sure those same nations approached Iraq about joining BRICS nations as well which would be a major concern to the United States and this is why the United States sent more troops back to Iraq and they're building a new base. So they have no intentions of getting out of Iraq. They're there to protect their interest and the interest isn't the Iraqi people, it's the minerals in the ground and the oil.
6-5-2023 Intel Guru MarkZ [via PDK] I expect a steller week of great news and lots of ups and downs…I am getting inundated with the expectations we will see massive movement this week... Stay bucked up and be ready.
6-5-2023 Intel Guru Frank26 Sudani constantly every day...says, 'Citizens of Iraq hold onto your dinars because they are going to be more powerful. We're adding value to it.' More powerful than what, Superman? 'No, more powerful than the American dollar.' Then it should be more powerful than $1. How about $1.50...
6-5-2023 Intel Guru Angel1 I'm no longer concerned about the budget. I truly believe the budget has worked itself out...I don't think we'll have it today or tomorrow but I do believe it'll be done this week for sure.
6-5-2023 Newshound/Intel Guru Mnt Goat ...the reinstatement of the IQD, the liberation of the IQD is coming and it’s not going to be years. Soon we will see the honest asset-backed rate...It’s all in the making and my CBI contact told me to just be patient...it must get to a high state of SECURITY and STABILITY before they release it. I believe they have already reached this point and the currency reform (with the de-dollarization and de-pegging) is at the point of no return. It must now move ahead to the next stage.
6-5-2023 Intel Guru Angel1 May 31 the highest level delegation arrived in DC and the purpose of that visit was to ask for an extension. Remember June 1 was the hard date...they were in DC for less than 24 hours...they got their extension ...commands... orders...That same day the CBI stops all transactions from Western Union. The purpose of that was to take full control of the IQD...June 1 was another huge day. They launched the electronic platform with great success...now we're going to see and we have been seeing lightening speed because of the decisions and agreements that these Middle Eastern countries have made and continue to make together...they want to see the Middle East explode. That is what's happening right now. [Post 2 of 2]
6-5-2023 Intel Guru Angle1 In February there was a massive delegation from Iraq who went to DC to talk about the economic reforms. Here's what we know for a fact. DC told Iraq they have until June 1 to execute everything. To revalue their currency, to make them international and to move forward with their monetary reform. June 1 passed. Let me backtrack. May 30th was absolutely massive...there was a decision in which Kurdistan Regional Government was dissolved. Iraq was like a two headed monster... Baghdad... Kurdistan...that was unconstitutional...On May 30th the judge ruled and now the KRG has been dissolved. Their power and authority has been taken from them...that was a requirement in order for them to move forward. [Post 1 of 2...stay tuned]
6-5-2023 Intel Guru MarkZ [via PDK] It was exceptionally quiet today. Everyone seems to be expecting a very big news day tomorrow. We will see how that goes.
6-5-2023 Intel/Newshound Guru Walkingstick [via Frank26] There ain't no delays. Ain't no problems. They're going down the budget and they're checking off all that is needed to prepare the release of the budget and for their monetary and economic reforms. That budget is the spinal cord for the economic reforms because of the success of the monetary reform and the RV phase that put the monetary reform where it's at right now...to see it reinstated, put back to what it was, that would be good.
6-5-2023 Newshound Guru Militia Man The IMF gave them a stern warning ...It says time is running short for this government ...Opportunities are beginning to diminish. It goes on and says it must focus on dealing with the internal economic imbalances and the corruption with all its tool...Iraq has some shackles still...I think it was protections for investors...this comment basically stating get your internal stuff done because the international external situation, those deals, are not what we're going to be talking about...get Article VIII complaint and let's move on and get to the private sector...
6-5-2023 Newshound Guru Sandy Ingram Article: "$17 billion Development Road Project Launched by Iraqi Government" ...Iraq's project could change global travel routes. Iraq is building a transport corridor between the Persian Gulf and the Mediterranean Sea...this is a major development that could change the way the world travels from Asia to Europe.
6-5-2023 Newshound Guru Pimpy Iran and Saudi Arabia whose intentions are to join the BRICS nations this obviously could affect Iraq. I'm sure those same nations approached Iraq about joining BRICS nations as well which would be a major concern to the United States and this is why the United States sent more troops back to Iraq and they're building a new base. So they have no intentions of getting out of Iraq. They're there to protect their interest and the interest isn't the Iraqi people, it's the minerals in the ground and the oil.
6-5-2023 Intel Guru MarkZ [via PDK] I expect a steller week of great news and lots of ups and downs…I am getting inundated with the expectations we will see massive movement this week... Stay bucked up and be ready.
6-5-2023 Intel Guru Frank26 Sudani constantly every day...says, 'Citizens of Iraq hold onto your dinars because they are going to be more powerful. We're adding value to it.' More powerful than what, Superman? 'No, more powerful than the American dollar.' Then it should be more powerful than $1. How about $1.50...
6-5-2023 Intel Guru Angel1 I'm no longer concerned about the budget. I truly believe the budget has worked itself out...I don't think we'll have it today or tomorrow but I do believe it'll be done this week for sure.
6-5-2023 Newshound/Intel Guru Mnt Goat ...the reinstatement of the IQD, the liberation of the IQD is coming and it’s not going to be years. Soon we will see the honest asset-backed rate...It’s all in the making and my CBI contact told me to just be patient...it must get to a high state of SECURITY and STABILITY before they release it. I believe they have already reached this point and the currency reform (with the de-dollarization and de-pegging) is at the point of no return. It must now move ahead to the next stage.
6-4-2023 Newshound Guru Militia Man They've been talking about the budget. It's been a big deal. Some folks think it's not important but interesting enough ...about a week ago...we were talking about convergences and what we were talking about was the 2023, 24 and 25 budget coinciding with the USA debt ceiling...We thought they had a correlation and I think we'll find out that it does or it seemingly will have an effect and has had an affect.
6-4-2023 Intel Guru Frank26 I don't know when they're going to do this. But I know what they are doing and so do you. We're not so ignorant. We're not so blind to understand what they're doing...
6-4-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 5 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...if you have one million Iraqi Dinars and you decide to exchange all of your Dinars at 25 US cents for one Dinar, you would be looking at a profit of $250,000. If you are single, you would immediately be placed in the 35% Tax Bracket. Your taxes would be $49,335.50 plus 35% of the amount over $215,950. (2022- 2023 Tax Brackets). This does not include your regular salary, which is added to the $250,000. [Series 5 of 5] [NOTE: Consult your tax advisors at the appropriate time to determine the correct tax for your unique situation.]
6-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] Let's say for example the budget shows 1000 to 1 rate when they open it up...immediately the next day the CBI/government can push a button to change the exchange rate in the budget to 1 to 1.
6-4-2023 Newshound Guru Clare Article: "After the International Monetary Fund warned... Iraq is on the verge of a major crisis, and time is running out!" Quote: “Time is running short for this government, and opportunities are beginning to diminish in front of it, and instead of preoccupying people with unimplementable international projects, it must focus on dealing with internal economic imbalance and corruption with all its tools.”
6-4-2023 Newshound Guru Pimpy They're concerned about the parallel rates. You have the fixed rate of 1320 dinars. But if...people are being offered much more dinars for US dollars, then they're gonna turn around and go to the black market with US dollars, you can buy more dinars then go the bank and exchange them for US dollars...it just goes around an around and if the demand for US dollars increases and they're willing to give you more Iraqi dinars for it, then Iraqi dinars lose value...They had spoke about stopping the use of US dollars in Federal Business and in big companies. It looks like they're finally going to stop using US dollars altogether within Iraq which would be a smart move because that would definitely increase the value of your currency...
6-4-2023 Newshound Guru Militia Man We believe the Central Bank is fully ready for the Forex system because that's what they'll be using to do international currencies. Let's see how that happens and plays out because the retail side of it is when we are affected by it, not when the central banks are having their time with the currency...Our Forex opens somewhere around 5ish on Sunday. Hopefully we see something. We never know. Obviously anything can happen. We just go with what the information that we have in writing and some of our banking sources and financial resources...we glean...
6-4-2023 Intel Guru Frank26 Article: "The Central Bank of / NINA /: Issuing a new denomination for the national currency is not on our agenda at present" Quote: "The issuance of cash currency for the category of twenty thousand dinars, is not in the agenda of the Central Bank of Iraq now." NOTICE THEY SAY THE NEW DENOMINATIONS FOR THE NATIONAL CURRENCY NOT FOR THE 3 ZERO DENOMINATIONS NOR FOR A SANCTIONED PROGRAM RATE!!! A 20K NOTE IS NOT PART OF THE MONETARY REFORM THEREFORE IT IS NOT NEEDED AT ALL.
6-4-2023 Newshound/Intel Guru Mnt Goat ...the IQD was over $3 USD per dinar before the 1991 invasion of Iraq...What does it reflect on the IQD today and since? ...the Kuwaiti dinar [is] over $3 KWD per US dollar and they don’t have half the economy that Iraq has right now, never mind all the gold, oil, agriculture and other resources...So why do they keep pretending that it is the Iraqi economy that must first flourish to raise the rate of the dinar? ...They don’t need to grow their economy or bring in investors to raise the rate of the dinar, as it is today. It is not about raising the value, as they tell us, as the value is already there and has not left, but instead raising the rate to reflect the TRUE value already present in the IQD.
6-4-2023 Intel Guru Frank26 I don't know when they're going to do this. But I know what they are doing and so do you. We're not so ignorant. We're not so blind to understand what they're doing...
6-4-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 5 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...if you have one million Iraqi Dinars and you decide to exchange all of your Dinars at 25 US cents for one Dinar, you would be looking at a profit of $250,000. If you are single, you would immediately be placed in the 35% Tax Bracket. Your taxes would be $49,335.50 plus 35% of the amount over $215,950. (2022- 2023 Tax Brackets). This does not include your regular salary, which is added to the $250,000. [Series 5 of 5] [NOTE: Consult your tax advisors at the appropriate time to determine the correct tax for your unique situation.]
6-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] Let's say for example the budget shows 1000 to 1 rate when they open it up...immediately the next day the CBI/government can push a button to change the exchange rate in the budget to 1 to 1.
6-4-2023 Newshound Guru Clare Article: "After the International Monetary Fund warned... Iraq is on the verge of a major crisis, and time is running out!" Quote: “Time is running short for this government, and opportunities are beginning to diminish in front of it, and instead of preoccupying people with unimplementable international projects, it must focus on dealing with internal economic imbalance and corruption with all its tools.”
6-4-2023 Newshound Guru Pimpy They're concerned about the parallel rates. You have the fixed rate of 1320 dinars. But if...people are being offered much more dinars for US dollars, then they're gonna turn around and go to the black market with US dollars, you can buy more dinars then go the bank and exchange them for US dollars...it just goes around an around and if the demand for US dollars increases and they're willing to give you more Iraqi dinars for it, then Iraqi dinars lose value...They had spoke about stopping the use of US dollars in Federal Business and in big companies. It looks like they're finally going to stop using US dollars altogether within Iraq which would be a smart move because that would definitely increase the value of your currency...
6-4-2023 Newshound Guru Militia Man We believe the Central Bank is fully ready for the Forex system because that's what they'll be using to do international currencies. Let's see how that happens and plays out because the retail side of it is when we are affected by it, not when the central banks are having their time with the currency...Our Forex opens somewhere around 5ish on Sunday. Hopefully we see something. We never know. Obviously anything can happen. We just go with what the information that we have in writing and some of our banking sources and financial resources...we glean...
6-4-2023 Intel Guru Frank26 Article: "The Central Bank of / NINA /: Issuing a new denomination for the national currency is not on our agenda at present" Quote: "The issuance of cash currency for the category of twenty thousand dinars, is not in the agenda of the Central Bank of Iraq now." NOTICE THEY SAY THE NEW DENOMINATIONS FOR THE NATIONAL CURRENCY NOT FOR THE 3 ZERO DENOMINATIONS NOR FOR A SANCTIONED PROGRAM RATE!!! A 20K NOTE IS NOT PART OF THE MONETARY REFORM THEREFORE IT IS NOT NEEDED AT ALL.
6-4-2023 Newshound/Intel Guru Mnt Goat ...the IQD was over $3 USD per dinar before the 1991 invasion of Iraq...What does it reflect on the IQD today and since? ...the Kuwaiti dinar [is] over $3 KWD per US dollar and they don’t have half the economy that Iraq has right now, never mind all the gold, oil, agriculture and other resources...So why do they keep pretending that it is the Iraqi economy that must first flourish to raise the rate of the dinar? ...They don’t need to grow their economy or bring in investors to raise the rate of the dinar, as it is today. It is not about raising the value, as they tell us, as the value is already there and has not left, but instead raising the rate to reflect the TRUE value already present in the IQD.
6-3-2023 Newshound Guru Pimpy 95% of the budget is being financed by oil sales. What happens if oil sales should tank? Then Iraq is right back where they were when they were damn near bankrupt. They need the budget to pass so these projected can get financed and they can start finding alternative ways to create fees and not rely on oil so much. As long as everything is done by the book that shouldn't be hard to do. But...projects ...are sitting there waiting for money so they can continue...
6-3-2023 Intel Guru Frank26 I don't care when the budget comes out. I am extremely excited about all of these sentences that Sudani and Alaq are telling you [Iraqi citizens] on a daily basis.
6-3-2023 Newshound/Intel Guru Walkingstick [via Frank26]
WALKINGSTICK: Things are looking good. It's always quiet before the storm. FRANK: It's always quiet before the perfect storm.
6-3-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 4 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...The ONLY purchase you should make is for health insurance, nothing more, nothing less. If you spend money on anything else, you will be joining the broke lotto winners and NFL football players who didn't invest their salaries when they were younger. Your ability to implement self-discipline will translate into your ability to generate a positive cash flow from your profits. Because once you spend your profits, you are broke! [Series 4 of 5]
6-3-2023 Newshound Guru Clare Article: "International report: Iraq's 2023 budget ushers in a new era of development that the country has not witnessed in 50 years"
6-3-2023 Newshound Guru Pimpy I am monitoring what's going on in Iraq but it's pretty much the same. What I'm looking forward to is once the budget has passed and they start allocating out the funds is watching the growth happen in Iraq. That's what I'm watching for.
6-3-2023 Newshound Guru Militia Man The convergence coming up this weekend is phenomenal. It's fascinating. Just know the...POS activated, implemented, launched. They're using all those words so be excited. It's looking good...
6-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Prime Minister Sudani gave a television speech and they're re-running it over and over again...it's about him saying that's it's Iraq's government responsibility to provide a safe environment opportunity for our reforms. He went on to say Iraq is a safe place to invest in. He's talking to all the companies across the world that are coming in here to invest...The speech was about 90 minutes long...it is part of the monetary reform education. FRANK: International in preparation of your national native currency to leave your borders on a float and gain more value. That's what they're teaching you. That is the monetary reform. That is why they repeat it over and over to you.
6-3-2023 Intel Guru MarkZ [via PDK] In Iraq I continue to hear solid stuff with great expectations of the culmination of the budget battle tomorrow [Saturday] or early Sunday. From the banking side…my redemption center contacts are pretty confident they will work on Sunday. I don’t know what that means…will they be seeing people? will they be doing prep work?…will they be getting all the toasters ready and rolling out red carpets? …I do not know.
6-3-2023 Intel Guru Frank26 I don't care when the budget comes out. I am extremely excited about all of these sentences that Sudani and Alaq are telling you [Iraqi citizens] on a daily basis.
6-3-2023 Newshound/Intel Guru Walkingstick [via Frank26]
WALKINGSTICK: Things are looking good. It's always quiet before the storm. FRANK: It's always quiet before the perfect storm.
6-3-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 4 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...The ONLY purchase you should make is for health insurance, nothing more, nothing less. If you spend money on anything else, you will be joining the broke lotto winners and NFL football players who didn't invest their salaries when they were younger. Your ability to implement self-discipline will translate into your ability to generate a positive cash flow from your profits. Because once you spend your profits, you are broke! [Series 4 of 5]
6-3-2023 Newshound Guru Clare Article: "International report: Iraq's 2023 budget ushers in a new era of development that the country has not witnessed in 50 years"
6-3-2023 Newshound Guru Pimpy I am monitoring what's going on in Iraq but it's pretty much the same. What I'm looking forward to is once the budget has passed and they start allocating out the funds is watching the growth happen in Iraq. That's what I'm watching for.
6-3-2023 Newshound Guru Militia Man The convergence coming up this weekend is phenomenal. It's fascinating. Just know the...POS activated, implemented, launched. They're using all those words so be excited. It's looking good...
6-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Prime Minister Sudani gave a television speech and they're re-running it over and over again...it's about him saying that's it's Iraq's government responsibility to provide a safe environment opportunity for our reforms. He went on to say Iraq is a safe place to invest in. He's talking to all the companies across the world that are coming in here to invest...The speech was about 90 minutes long...it is part of the monetary reform education. FRANK: International in preparation of your national native currency to leave your borders on a float and gain more value. That's what they're teaching you. That is the monetary reform. That is why they repeat it over and over to you.
6-3-2023 Intel Guru MarkZ [via PDK] In Iraq I continue to hear solid stuff with great expectations of the culmination of the budget battle tomorrow [Saturday] or early Sunday. From the banking side…my redemption center contacts are pretty confident they will work on Sunday. I don’t know what that means…will they be seeing people? will they be doing prep work?…will they be getting all the toasters ready and rolling out red carpets? …I do not know.
6-2-2023 Newshound Guru Pimpy Article: "In one day..Central Bank of Iraq boosts gold reserves by about 2%" Nice to see the Central Bank of Iraq booster gold reserves by about 2%...every time they add more to their foreign currency reserves and their gold reserves that exchange rate gets higher...this is a good thing.
6-2-2023 Intel Guru Frank26 A new national native currency with a new exchange rate with, coins, with a purpose to float the new currency in an international basket...'There ain't going to be no RI. We don't have no RI.' No we don't have it right now but we have the proof that it's coming. You have to be pretty ignorant not to understand the proof and the proof is in...articles.
6-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] Remember the exchange rate is a line item [in the budget] that can be changed at any time...when they open the budget the #1 issue to deal with immediately...it's a priority, the line item that contains the rate for the budget...that line item...is numero uno...that's what they are going to be dealing with right away.
6-2-2023 Newshound Guru Pimpy There's a lot of questions being asked about what is the holdup. There's a lot of rumors out there being spread one way or another that the big holdup is discussing what the exchange rate is going to be. That is not true. The biggest portion of it has to do with the oil agreement between Kurdistan and Baghdad - how the money is being dispersed...
6-2-2023 Intel Guru Bruce [via WiserNow] I was disappointed that we didn't get notified...We had heard from some pretty strong sources that we should get notified...and it didn't happen...Iraq...was to come out with their gazette version of the budget. And...they were to come out with a new rate...Well, they did come out with a new rate... They have it up on the screens and we see it on our bank screens...These aren't back screens...These are front screen teller screens that these are available on now....And it's moving up and I've already heard of the increase three times so far in two days, and it's continuing to trade up and increase. Now - The great increase in the dinar rate is going to take place Sunday night when the dinar goes back on the forex and it can be traded up into higher regions.
6-2-2023 Newshound Guru Clare Article: "The Central Bank announces the entry into force of the Cabinet's decision regarding the use of electronic payment devices" Quote: “Cabinet Resolution No. (23044) for the year 2023 entered into force, represented by increasing the number of electronic payment devices (POS), which are used as of 6/1/2023 in government institutions. And the private sector to promote a culture of electronic payment and collection, and reduce the use of paper money in collection and commercial transactions."
6-2-2023 Newshound Guru Militia Man Yesterday was a big day...they were talking about point-of-sale being activated...which now we know that's the case...the Central Bank of Iraq suspended Western Union...That was a big deal because it's money coming in and out of the country...This suggests the Central Bank of Iraq is in full control of their money.
6-2-2023 Intel Guru MarkZ [via PDK] We continue to get fantastic news that there is an expected breakthrough in budget conversations with the Kurdish region. Myself and others in Iraq are expecting the deadlock to break and be signed over the weekend. As of this morning my redemption center folks are expecting to have to work at least one of the 2 days this weekend. I think that is positive news.
6-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just came on television and they said we seek to expand banking and financial market in the International world. FRANK: For the second time in a row they're telling you about floating your currency. That's what this is...yeah, go for it! Sounds good.
6-2-2023 Newshound/Intel Guru Mnt Goat Article: "TODAY, JUNE 1ST THE CENTRAL BANK LAUNCHES THE ELECTRONIC PAYMENT PROJECT" Just as they said they would. As you may know if you have been following this RV saga for years, that the CBI has wanted to institute this POS effort for almost 2 decades now. Finally its success. But why? Why now? ...its because of the de-dollarization and the NECESSITY to do it now, yes the changeover of the currency.
6-2-2023 Intel Guru Frank26 A new national native currency with a new exchange rate with, coins, with a purpose to float the new currency in an international basket...'There ain't going to be no RI. We don't have no RI.' No we don't have it right now but we have the proof that it's coming. You have to be pretty ignorant not to understand the proof and the proof is in...articles.
6-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] Remember the exchange rate is a line item [in the budget] that can be changed at any time...when they open the budget the #1 issue to deal with immediately...it's a priority, the line item that contains the rate for the budget...that line item...is numero uno...that's what they are going to be dealing with right away.
6-2-2023 Newshound Guru Pimpy There's a lot of questions being asked about what is the holdup. There's a lot of rumors out there being spread one way or another that the big holdup is discussing what the exchange rate is going to be. That is not true. The biggest portion of it has to do with the oil agreement between Kurdistan and Baghdad - how the money is being dispersed...
6-2-2023 Intel Guru Bruce [via WiserNow] I was disappointed that we didn't get notified...We had heard from some pretty strong sources that we should get notified...and it didn't happen...Iraq...was to come out with their gazette version of the budget. And...they were to come out with a new rate...Well, they did come out with a new rate... They have it up on the screens and we see it on our bank screens...These aren't back screens...These are front screen teller screens that these are available on now....And it's moving up and I've already heard of the increase three times so far in two days, and it's continuing to trade up and increase. Now - The great increase in the dinar rate is going to take place Sunday night when the dinar goes back on the forex and it can be traded up into higher regions.
6-2-2023 Newshound Guru Clare Article: "The Central Bank announces the entry into force of the Cabinet's decision regarding the use of electronic payment devices" Quote: “Cabinet Resolution No. (23044) for the year 2023 entered into force, represented by increasing the number of electronic payment devices (POS), which are used as of 6/1/2023 in government institutions. And the private sector to promote a culture of electronic payment and collection, and reduce the use of paper money in collection and commercial transactions."
6-2-2023 Newshound Guru Militia Man Yesterday was a big day...they were talking about point-of-sale being activated...which now we know that's the case...the Central Bank of Iraq suspended Western Union...That was a big deal because it's money coming in and out of the country...This suggests the Central Bank of Iraq is in full control of their money.
6-2-2023 Intel Guru MarkZ [via PDK] We continue to get fantastic news that there is an expected breakthrough in budget conversations with the Kurdish region. Myself and others in Iraq are expecting the deadlock to break and be signed over the weekend. As of this morning my redemption center folks are expecting to have to work at least one of the 2 days this weekend. I think that is positive news.
6-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just came on television and they said we seek to expand banking and financial market in the International world. FRANK: For the second time in a row they're telling you about floating your currency. That's what this is...yeah, go for it! Sounds good.
6-2-2023 Newshound/Intel Guru Mnt Goat Article: "TODAY, JUNE 1ST THE CENTRAL BANK LAUNCHES THE ELECTRONIC PAYMENT PROJECT" Just as they said they would. As you may know if you have been following this RV saga for years, that the CBI has wanted to institute this POS effort for almost 2 decades now. Finally its success. But why? Why now? ...its because of the de-dollarization and the NECESSITY to do it now, yes the changeover of the currency.
6-1-2023 Newshound Guru Clare Article: "The US ambassador tweets in support of the single window system and calls on companies to register" In a tweet, Romanowski said, "Eliminating corruption is essential for the growth of the private sector. Starting today, Iraqi and foreign companies can complete the online registration process...These transparent and smarter procedures are now available."
6-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: It's in the southern part of Iraq...IMO it's going to be like a big city. Can you imagine that? A big city with nothing but financial movements from around the world. That's how big your country is about to get...How can Iraq be a financial hub at a program rate that has a value of toilet paper? They cannot. Therefore prepare yourself for a change in your monetary reform...that central hub will be very important for the United States of America too... [Post 2 of 2]
6-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on television. He's making a speech about that they're forming a banking and financial center hub. This will be like a special business district for special needs is what they're saying. FRANK: Iraq a financial hub? It should be a hub for outdoor toilets, that's about it. How can you be financial hub? Oh, because of what you're about to do. Oh, because of you've been telling the citizens of Iraq...And what you're told the international world huh? And that's why they're pouring in by the hundreds if not thousands huh? Okay I understand. [Post 1 of 2...stay tuned]
6-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The ATMs are lit up. The light are on the new ATMs...the screen, we paraphrase it because I really don't know the interpretation from their language into our language, but basically it says 'Offline'. The ATMs at this time say offline but the bells and whistles are on.
6-1-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 3 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...Cashier's checks, money orders, or traveler's checks worth more than $10,000 must be reported to the government by whatever institution issued them. Depositing a large sum of cash that surpasses this limit means your bank will have to report it to the federal government...because the currency you want to exchange is from the Middle East, you and your transaction will become suspect. So get ready to be kind, professional and explain how you did what. [Series 3 of 5]
6-1-2023 Newshound Guru Breitling The people that I know that are elected and understand policy...none of them have given up their currency. None of them have give up their dinar. It will happens when it happens. That's the best way to look at it.
6-1-2023 Newshound Guru Kaperoni There are a lot of new articles over this past week coming out of Iraq pertaining to the transition to the digital economy. The government, stores, fuel stations, etc all now are using POS (point of sale) card readers. Iraq is transitioning away from paper. The dinar is also becoming Iraq's primary currency as they transition away from dollars.
6-1-2023 Newshound Guru Pimpy As an individual who is an investor in the Iraqi dinar you sit back and you ask yourself, 'What are the things you don't want to see happen that can set you back?' You don't want an uprising. You don't want to see a corrupt government try to become a tyrannical government. There is fighting between Afghanistan and Iran. What you don't want to see happen is it spills over into Iraq. The last thing you want to see is an excuse for American troops to go into Iraq. And guess what's happening? Yep, troops are going back into Iraq...Biden is yes, sending troops back into Iraq. Unbelievable.
6-1-2023 Newshound Guru Clare Article: "The Central Bank of / NINA /: Issuing a new denomination for the national currency is not on our agenda at present" Quote: "The Governor of the Central Bank, Ali Al-Alaq, said...The issuance of cash currency for the category of twenty thousand dinars, is not in the agenda of the Central Bank of Iraq now."
6-1-2023 Intel Guru MarkZ We are past ready…but the news is bi-polar today...there is a lot in the air...I am hearing now it could still possibly happen today or maybe this weekend or maybe June 6-8th…it’s all over the place…sources are hearing conflicting info…and so much info all at once…. I think its purposeful to keep us all confused...There is a lot happening....I am still feeling very upbeat.
6-1-2023 Intel Guru Frank26 'Oh, it's not going to happen. Oh, it's kicking the can down the road. Oh, it's a bunch of nonsense.' Well, you argue with the CBI. They're the ones that are telling the citizens we're about to give you a new currency, a new exchange rate and they're doing it on a weekly basis.
6-1-2023 Newshound/Intel Guru Mnt Goat We know what they are about to do and have to do it. Think about all the actions the CBI has taken just since January of 2023. WOW! ...in summary- it is here and there is no turning back for Iraq now. They can ONLY go forward with the project to completion for the currency reform of the Iraqi dinar...I cannot over emphasize enough that this is a once in a lifetime event for most of us so make the best of it. [post 2 of 2]
6-1-2023 Newshound/Intel Guru Mnt Goat ...the “project to delete the zeros” must be completed just prior to or at about the same time of any major rate change to what we want to see...What we want Iraq to do now is to get off the program rate and finally “liberate” the dinar back to pre-war normalization from the embargoes and the wars. ...This is when we go to the bank and not before. ...The next step in the plan is to reinstate to FOREX thus to “liberate” the dinar once again for the investors... [post 1 of 2....stay tuned]
6-1-2023 Intel Guru Bruce [via WiserNow] Iraq did put their budget in the gazette last Saturday...The rate was to come out Sunday, which it did and it's a good rate in country rate as well as international same thing...So when are we supposed to get our notifications? Now what we're hearing the latest that we've heard...it's most likely we would wake up to those on Thursday morning...the stage is set...
6-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: It's in the southern part of Iraq...IMO it's going to be like a big city. Can you imagine that? A big city with nothing but financial movements from around the world. That's how big your country is about to get...How can Iraq be a financial hub at a program rate that has a value of toilet paper? They cannot. Therefore prepare yourself for a change in your monetary reform...that central hub will be very important for the United States of America too... [Post 2 of 2]
6-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on television. He's making a speech about that they're forming a banking and financial center hub. This will be like a special business district for special needs is what they're saying. FRANK: Iraq a financial hub? It should be a hub for outdoor toilets, that's about it. How can you be financial hub? Oh, because of what you're about to do. Oh, because of you've been telling the citizens of Iraq...And what you're told the international world huh? And that's why they're pouring in by the hundreds if not thousands huh? Okay I understand. [Post 1 of 2...stay tuned]
6-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The ATMs are lit up. The light are on the new ATMs...the screen, we paraphrase it because I really don't know the interpretation from their language into our language, but basically it says 'Offline'. The ATMs at this time say offline but the bells and whistles are on.
6-1-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 3 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...Cashier's checks, money orders, or traveler's checks worth more than $10,000 must be reported to the government by whatever institution issued them. Depositing a large sum of cash that surpasses this limit means your bank will have to report it to the federal government...because the currency you want to exchange is from the Middle East, you and your transaction will become suspect. So get ready to be kind, professional and explain how you did what. [Series 3 of 5]
6-1-2023 Newshound Guru Breitling The people that I know that are elected and understand policy...none of them have given up their currency. None of them have give up their dinar. It will happens when it happens. That's the best way to look at it.
6-1-2023 Newshound Guru Kaperoni There are a lot of new articles over this past week coming out of Iraq pertaining to the transition to the digital economy. The government, stores, fuel stations, etc all now are using POS (point of sale) card readers. Iraq is transitioning away from paper. The dinar is also becoming Iraq's primary currency as they transition away from dollars.
6-1-2023 Newshound Guru Pimpy As an individual who is an investor in the Iraqi dinar you sit back and you ask yourself, 'What are the things you don't want to see happen that can set you back?' You don't want an uprising. You don't want to see a corrupt government try to become a tyrannical government. There is fighting between Afghanistan and Iran. What you don't want to see happen is it spills over into Iraq. The last thing you want to see is an excuse for American troops to go into Iraq. And guess what's happening? Yep, troops are going back into Iraq...Biden is yes, sending troops back into Iraq. Unbelievable.
6-1-2023 Newshound Guru Clare Article: "The Central Bank of / NINA /: Issuing a new denomination for the national currency is not on our agenda at present" Quote: "The Governor of the Central Bank, Ali Al-Alaq, said...The issuance of cash currency for the category of twenty thousand dinars, is not in the agenda of the Central Bank of Iraq now."
6-1-2023 Intel Guru MarkZ We are past ready…but the news is bi-polar today...there is a lot in the air...I am hearing now it could still possibly happen today or maybe this weekend or maybe June 6-8th…it’s all over the place…sources are hearing conflicting info…and so much info all at once…. I think its purposeful to keep us all confused...There is a lot happening....I am still feeling very upbeat.
6-1-2023 Intel Guru Frank26 'Oh, it's not going to happen. Oh, it's kicking the can down the road. Oh, it's a bunch of nonsense.' Well, you argue with the CBI. They're the ones that are telling the citizens we're about to give you a new currency, a new exchange rate and they're doing it on a weekly basis.
6-1-2023 Newshound/Intel Guru Mnt Goat We know what they are about to do and have to do it. Think about all the actions the CBI has taken just since January of 2023. WOW! ...in summary- it is here and there is no turning back for Iraq now. They can ONLY go forward with the project to completion for the currency reform of the Iraqi dinar...I cannot over emphasize enough that this is a once in a lifetime event for most of us so make the best of it. [post 2 of 2]
6-1-2023 Newshound/Intel Guru Mnt Goat ...the “project to delete the zeros” must be completed just prior to or at about the same time of any major rate change to what we want to see...What we want Iraq to do now is to get off the program rate and finally “liberate” the dinar back to pre-war normalization from the embargoes and the wars. ...This is when we go to the bank and not before. ...The next step in the plan is to reinstate to FOREX thus to “liberate” the dinar once again for the investors... [post 1 of 2....stay tuned]
6-1-2023 Intel Guru Bruce [via WiserNow] Iraq did put their budget in the gazette last Saturday...The rate was to come out Sunday, which it did and it's a good rate in country rate as well as international same thing...So when are we supposed to get our notifications? Now what we're hearing the latest that we've heard...it's most likely we would wake up to those on Thursday morning...the stage is set...
5-31-2023 Newshound Guru Clare Article "The Iraqi Central Bank: The dinar is our national currency, and there is no need to deal in dollars" Quote "The members of the Iraqi Dinar Support Committee are communicating with the security services to implement the instructions of the Council of Ministers and the Central Bank to support the dinar, stabilize the exchange rate, and prevent informal dealings because there is no need to deal in dollars in Iraq."
5-31-2023 Intel Guru Frank26 If we have the budget on the 1st, if we have the POS activated on the 1st, I bet you we'll have the ATMs activated and that would be more powerful than anything else because those ATMs - you know what they got. You know the program, the software. This is all my opinion, nothing more.
5-31-2023 Newshound/Intel Guru Walkingstick [via Frank26] The combination of the POS and the ATMs would be good to be released together. Maybe Thursday.
5-31-2023 Newshound Guru Militia Man Fed-Now was going to be coming out on July 1st but turns out they sped that up to June 1st. That's just in a few days. That's to accommodate the global real-time growth settlements. To me there's probably no coincidences at this stage of the game. All currencies are going to get affected by this release...Any new exchange rate that has substantial price increase is going to affect the region. It's going to affect the globe...it's powerful. All boats rise with the tide...all of these things are going to happen in a synchronized manner. To me it's going to be a global even. I hope I'm right. I hope we're all part of it because it sure looks like it's really coming to a head...
5-31-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ RAISES ITS GOLD RESERVES BY 2% TO 132.73 TONS" Why is Iraq accumulating
all this gold? Are they backing the dinar with it? Are they going on the gold standard in a serious way? I have already given you some proof that they are. This article is just more of the same.
5-31-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 2 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...Regardless of what the status of exchanging your IQD for USD is, you will want to develop a cough and call in sick...Stay very calm. Do not text family members, and only tell your spouse if
they can be trusted to keep the information a secret...call your boss at work later on in the day and explain that you will be in to work the next day or in two days. YOU WANT TO KEEP YOUR DAY JOB UNTIL YOU CAN INVEST YOUR PROFITS AND CREATE A POSITIVE CASH FLOW FOR YOURSELF AND YOUR FAMILY. If you do anything else, you are in the fast lane to going broke. [Series 2 of 5]
5-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New currency notes are being explained to us and they're saying they are coming to us. Talked about the need of why they are bringing a new currency and a new exchange rate... FRANK: They are now again repeating to you you're going to receive a new national native currency that is being put right into your hands. You see what they're telling you about the international theater and how this new currency is going to be all all over the place.That's because it will float in a basket. These are incredible time for you...
5-31-2023 Newshound Guru Deepwoodz Community Question: "...A friend... thinks budget before the rate. I think rate before budget. What is your opinion? Rate before budget or budget before rate ?" ...All they talk about lately is the budget. Then supposedly the HCL is next. We haven’t seen any descriptions of new currency or coins. No description of denominations. Supposedly the exchange rate is a “line item”. Supposedly it can be changed any time like an amendment and I suppose I can see that happening. Sounds logical. What would be the benefit of budget first? I think the benefit is that the rate is a secret. Until it isn’t....They have huge plans ahead and will need to get the budget done in order to capitalize on a new rate...
5-31-2023 Intel Guru MarkZ [via PDK] I am still hearing as of late last night that they still have great expectations for late tonight into tomorrow morning. They are trying to squeeze it through by the skin of their teeth...I am very optimistic about this week.
5-31-2023 Newshound Guru Clare Article: "Economist: stagnation hits the Iraqi markets due to the delay in approving the budget"
5-31-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank owner friend report] It looks like on June 1st they want every point of sale device that has been handed out already to go live with the CBI.
5-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us today that Thursday they will activate all electronic payments, all POS devices in all government and private sectors... FRANK: ...That's the 1st of June...I don't know what to say except this is very interesting. June 1st.
5-31-2023 Intel Guru MarkZ [via PDK] Member Comment: Is Iraq going to float first? MarkZ answer: I am not hearing its going to float.
5-31-2023 Intel Guru Goldilocks They have a new working currency reform system. They have adopted their own National Currency, and it is now the preferred currency. * And, they have recently increased their gold reserves by over 2% stating that this is "just the beginning." ...did you know that gold and currencies are co-related? Holding gold strengthens relationship values between countries. It is one way to raise the value of a country's currency. [post 2 of 2]
5-31-2023 Intel Guru Goldilocks We currently do not have a rate change in Iraq, but we are getting closer. Let's take a good look at where we are. Iraq is currently moving into electronic mechanisms design to fulfilled trades on both sides of a transaction...These mechanisms are internationally approved and internationally based. Iraq has built up their foreign currency reserves to stabilize their economy. They have issued new VISA and MasterCard credit to their people allowing local and International payments. [post 1 of 2....stay tuned]
5-31-2023 Intel Guru Frank26 If we have the budget on the 1st, if we have the POS activated on the 1st, I bet you we'll have the ATMs activated and that would be more powerful than anything else because those ATMs - you know what they got. You know the program, the software. This is all my opinion, nothing more.
5-31-2023 Newshound/Intel Guru Walkingstick [via Frank26] The combination of the POS and the ATMs would be good to be released together. Maybe Thursday.
5-31-2023 Newshound Guru Militia Man Fed-Now was going to be coming out on July 1st but turns out they sped that up to June 1st. That's just in a few days. That's to accommodate the global real-time growth settlements. To me there's probably no coincidences at this stage of the game. All currencies are going to get affected by this release...Any new exchange rate that has substantial price increase is going to affect the region. It's going to affect the globe...it's powerful. All boats rise with the tide...all of these things are going to happen in a synchronized manner. To me it's going to be a global even. I hope I'm right. I hope we're all part of it because it sure looks like it's really coming to a head...
5-31-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ RAISES ITS GOLD RESERVES BY 2% TO 132.73 TONS" Why is Iraq accumulating
all this gold? Are they backing the dinar with it? Are they going on the gold standard in a serious way? I have already given you some proof that they are. This article is just more of the same.
5-31-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 2 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD...Regardless of what the status of exchanging your IQD for USD is, you will want to develop a cough and call in sick...Stay very calm. Do not text family members, and only tell your spouse if
they can be trusted to keep the information a secret...call your boss at work later on in the day and explain that you will be in to work the next day or in two days. YOU WANT TO KEEP YOUR DAY JOB UNTIL YOU CAN INVEST YOUR PROFITS AND CREATE A POSITIVE CASH FLOW FOR YOURSELF AND YOUR FAMILY. If you do anything else, you are in the fast lane to going broke. [Series 2 of 5]
5-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New currency notes are being explained to us and they're saying they are coming to us. Talked about the need of why they are bringing a new currency and a new exchange rate... FRANK: They are now again repeating to you you're going to receive a new national native currency that is being put right into your hands. You see what they're telling you about the international theater and how this new currency is going to be all all over the place.That's because it will float in a basket. These are incredible time for you...
5-31-2023 Newshound Guru Deepwoodz Community Question: "...A friend... thinks budget before the rate. I think rate before budget. What is your opinion? Rate before budget or budget before rate ?" ...All they talk about lately is the budget. Then supposedly the HCL is next. We haven’t seen any descriptions of new currency or coins. No description of denominations. Supposedly the exchange rate is a “line item”. Supposedly it can be changed any time like an amendment and I suppose I can see that happening. Sounds logical. What would be the benefit of budget first? I think the benefit is that the rate is a secret. Until it isn’t....They have huge plans ahead and will need to get the budget done in order to capitalize on a new rate...
5-31-2023 Intel Guru MarkZ [via PDK] I am still hearing as of late last night that they still have great expectations for late tonight into tomorrow morning. They are trying to squeeze it through by the skin of their teeth...I am very optimistic about this week.
5-31-2023 Newshound Guru Clare Article: "Economist: stagnation hits the Iraqi markets due to the delay in approving the budget"
5-31-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank owner friend report] It looks like on June 1st they want every point of sale device that has been handed out already to go live with the CBI.
5-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us today that Thursday they will activate all electronic payments, all POS devices in all government and private sectors... FRANK: ...That's the 1st of June...I don't know what to say except this is very interesting. June 1st.
5-31-2023 Intel Guru MarkZ [via PDK] Member Comment: Is Iraq going to float first? MarkZ answer: I am not hearing its going to float.
5-31-2023 Intel Guru Goldilocks They have a new working currency reform system. They have adopted their own National Currency, and it is now the preferred currency. * And, they have recently increased their gold reserves by over 2% stating that this is "just the beginning." ...did you know that gold and currencies are co-related? Holding gold strengthens relationship values between countries. It is one way to raise the value of a country's currency. [post 2 of 2]
5-31-2023 Intel Guru Goldilocks We currently do not have a rate change in Iraq, but we are getting closer. Let's take a good look at where we are. Iraq is currently moving into electronic mechanisms design to fulfilled trades on both sides of a transaction...These mechanisms are internationally approved and internationally based. Iraq has built up their foreign currency reserves to stabilize their economy. They have issued new VISA and MasterCard credit to their people allowing local and International payments. [post 1 of 2....stay tuned]
5-30-2023 Intel Guru RayRen98 BANKS ARE XCITED...AGENCIES ARE XCITED...IRAQIS ARE XCITED...AND PRETTY SOON "YOU" WILL BE XCITED! $$$$$$$$$$$$$$$$$$$$ BANK SOURCES ARE STATING THAT THEY ARE EXPECTING LIVE RATES FROM THIS MOMENT UNTIL "IT" HAPPENS.
5-30-2023 Intel Guru Frank26 Question: "Have they stated which notes will coexist with the new small categories?" All of them will coexist.
5-30-2023 Intel Guru MarkZ [via PDK] So I am trying to keep myself reined in with this news today...It’s exciting …hope it plays out...I am hearing that this month is still very much in the target. Meaning there is a possibility of notifications and announcements tomorrow...That is the rumor. I am stunned at the number of well connected sources that believe this is accurate today. From the number of communications I have received…tonight may be an interesting night on the boards. There is a very concerted effort to make this happen. I have a lot of excited bankers as well. Hope this is accurate…the chatter is through the roof.
5-30-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 1 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD. It is not unreasonable to think that you could wake up one morning and this be the case! ...Your first task would be finding out where you can exchange your IQD for greenbacks. The bad news is you may have to travel to the Middle East to trade your Dinars. Or, the good news is the banks in the United States will exchange your IQD for USD. [Series 1 of 5]
5-30-2023 Newshound Guru Henig Article: "In one day Central Bank of Iraq boosts gold reserves by about 2%" Quote: "the Central Bank Mazen Sabah revealed that Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons, pointing out that the strategy aims to obtain more gold in the second half of the year...Iraq resumed gold purchases in 2022 after a four-year hiatus as part of a program to diversify its foreign assets of about $100 billion".
5-30-2023 Newshound Guru Deepwoodz ...We have the advantage of looking back at the last year in particular and seeing hundreds of steps taken. All in the right direction. Don’t you agree that what they have done to date is amazing? I mean there were YEARS of nothing. Scraping for something in an article that remotely sounded promising. Now, take your pick. It’s all good news. I mean seriously, I don’t want to wait any longer either, but if it takes another year...what’s the difference? ...Try to be ready is the most important thing.
5-30-2023 Intel Guru Frank26 The proof of our monetary reforms are in the articles...Look at the numbers. Look at the accounting. Understand that everything they're telling you is impossible at a program rate. You're not easily fooled are you. You're not gullible.
5-30-2023 Intel Guru MarkZ [via PDK] A lot of people sitting and waiting on “go” and sitting at the edge of their seats. Out of Iraq I am hearing they have made progress with the rubber stamping of the budget…and the final vote is expected tomorrow on their budget...But again, there is conflicting articles from their media which is to be expected. When you look at China, Kuwait and other RV’s around the world –misinformation is to be expected...
5-30-2023 Newshound Guru Militia Man With the amount of back and forth, everyone should be seeing this...as a final turning point... They're getting ready for this '23, '24, '25 budget. It's an investment budget...not an operational one. They're going to have to, over the next 3 years, get that budget to be at a moderate price exchange rate. 1310 is not going to work for this...
5-30-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq boosted its gold reserves by about 2% in one day last week...” Iraq storms the gold market with intensive purchases!
5-30-2023 Intel Guru RayRen98 [via Babysmom] BANK SOURCE CONTACTED [RAY]... THEY ARE SUPER EXCITED ABOUT THIS WEEK, LOOKING FOR LARGE CROWDS TO APPEAR...
5-30-2023 Intel Guru Frank26 You know what we're waiting for. I call it the second article from the CBI. Basically it's the announcement to the Iraqi citizens, 'Here is your new national currency. Here are your coins. Here is your new exchange rate.' All these things are going to come about IMO very strongly.
5-30-2023 Intel Guru MarkZ [via PDK] The term “redemption center” may be throwing people off. Here in the states I believe about 95% of redemption locations will be at banks that are set up for it with people trained to exchange foreign currency and equipment for verifying currency. When I say the term “redemption center” it just means a place, branch, bank, location where we will go and exchange. I expect it will be the same in the UK and the rest of the world as it is in the US.
5-30-2023 Intel Guru Frank26 Question: "Have they stated which notes will coexist with the new small categories?" All of them will coexist.
5-30-2023 Intel Guru MarkZ [via PDK] So I am trying to keep myself reined in with this news today...It’s exciting …hope it plays out...I am hearing that this month is still very much in the target. Meaning there is a possibility of notifications and announcements tomorrow...That is the rumor. I am stunned at the number of well connected sources that believe this is accurate today. From the number of communications I have received…tonight may be an interesting night on the boards. There is a very concerted effort to make this happen. I have a lot of excited bankers as well. Hope this is accurate…the chatter is through the roof.
5-30-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 1 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD. It is not unreasonable to think that you could wake up one morning and this be the case! ...Your first task would be finding out where you can exchange your IQD for greenbacks. The bad news is you may have to travel to the Middle East to trade your Dinars. Or, the good news is the banks in the United States will exchange your IQD for USD. [Series 1 of 5]
5-30-2023 Newshound Guru Henig Article: "In one day Central Bank of Iraq boosts gold reserves by about 2%" Quote: "the Central Bank Mazen Sabah revealed that Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons, pointing out that the strategy aims to obtain more gold in the second half of the year...Iraq resumed gold purchases in 2022 after a four-year hiatus as part of a program to diversify its foreign assets of about $100 billion".
5-30-2023 Newshound Guru Deepwoodz ...We have the advantage of looking back at the last year in particular and seeing hundreds of steps taken. All in the right direction. Don’t you agree that what they have done to date is amazing? I mean there were YEARS of nothing. Scraping for something in an article that remotely sounded promising. Now, take your pick. It’s all good news. I mean seriously, I don’t want to wait any longer either, but if it takes another year...what’s the difference? ...Try to be ready is the most important thing.
5-30-2023 Intel Guru Frank26 The proof of our monetary reforms are in the articles...Look at the numbers. Look at the accounting. Understand that everything they're telling you is impossible at a program rate. You're not easily fooled are you. You're not gullible.
5-30-2023 Intel Guru MarkZ [via PDK] A lot of people sitting and waiting on “go” and sitting at the edge of their seats. Out of Iraq I am hearing they have made progress with the rubber stamping of the budget…and the final vote is expected tomorrow on their budget...But again, there is conflicting articles from their media which is to be expected. When you look at China, Kuwait and other RV’s around the world –misinformation is to be expected...
5-30-2023 Newshound Guru Militia Man With the amount of back and forth, everyone should be seeing this...as a final turning point... They're getting ready for this '23, '24, '25 budget. It's an investment budget...not an operational one. They're going to have to, over the next 3 years, get that budget to be at a moderate price exchange rate. 1310 is not going to work for this...
5-30-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq boosted its gold reserves by about 2% in one day last week...” Iraq storms the gold market with intensive purchases!
5-30-2023 Intel Guru RayRen98 [via Babysmom] BANK SOURCE CONTACTED [RAY]... THEY ARE SUPER EXCITED ABOUT THIS WEEK, LOOKING FOR LARGE CROWDS TO APPEAR...
5-30-2023 Intel Guru Frank26 You know what we're waiting for. I call it the second article from the CBI. Basically it's the announcement to the Iraqi citizens, 'Here is your new national currency. Here are your coins. Here is your new exchange rate.' All these things are going to come about IMO very strongly.
5-30-2023 Intel Guru MarkZ [via PDK] The term “redemption center” may be throwing people off. Here in the states I believe about 95% of redemption locations will be at banks that are set up for it with people trained to exchange foreign currency and equipment for verifying currency. When I say the term “redemption center” it just means a place, branch, bank, location where we will go and exchange. I expect it will be the same in the UK and the rest of the world as it is in the US.
5-29-2023 Newshound Guru Clare Question "Did the budget just get published? Does this make it official? Kinda goes away from rate before budget." THE 3RD VOTE TO MAKE IT OFFICIAL HAS NOT HAPPENED YET.
5-29-2023 Intel Guru Frank26 The farther we go into this the more I think these [new rate and lower denomination notes] are going to go neck and neck. I was thinking maybe we'll have the exchange rate and then we'll have the currency. Some of you feel we'll have the currency and then we'll have the new exchange rate. Well that's kind of not very good logically. I'm feeling maybe we'll have everything all at once together which would be the smartest thing...
5-29-2023 Intel Guru MarkZ [via PDK] Article: “Finance Committee suspends work until budget disputes are resolved” Just stay calm…its purposeful misinformation. They are talking about their lower denominations and much more…watch what they do. Here is another great sign “Iraq boosts gold reserves by 2 % in a single day in gradual buildup” They are separating themselves from the US dollar. It’s happening guys. Member Comment: If Nader can use his dinar based debit card anywhere in the world now…i think we have to be close. [reference Guru Nader post 5-28-2023] MarkZ answer: Obviously they've done more then they are telling us…obviously things are happening.
5-29-2023 Intel Guru yada Article: "Fatah deputy: The budget will be presented to a vote in the next two days, and we await the response of the Kurds to the framework" ...Reading the content, it indicates they can pass the budget now without the Kurds agreeing. The group of the Kurds they are referencing is a minority group and can be pass without them. But, the Framework, is giving them a chance to be a part of the consensus...We are there folks, just waiting for the minority's response...whether they respond or not, will still get done.
5-29-2023 Newshound/Intel Guru Walkingstick The ATMs are on. They are active. They have been turned on. The only problem is the citizens aren't using them yet... [Walkingsticks bank friend here in the US] bought 18 of them. He's not in Iraq.
5-29-2023 Intel Guru MarkZ [via PDK] Question: Mark do you feel confident the Dong is going to RV as well. MarkZ Answer: I feel confident the dong is going to RV at the same time as the dinar. The overwhelming majority of banking contacts, paymaster contacts...Government contacts agree they will be going all at once. Question: dong rate? MarkZ answer: I am still hearing up to $2.25. Some people are saying .47 cents. Nobody knows for certain until we cross the finish line.
5-29-2023 Newshound Guru Sandy Ingram Will we be allowed to exchange our IQD...? Probably. Will we be able to invest in Iraq and realize a profit on our Iraqi dinars? The answer is yes even if we have to hire an Iraqi company to invest or exchange our money for us. Is it possible that the currency will increase in value? Yes! It is more than possible. It may not be 1 USD to 1 dinar initially. It's all a matter of time and strategy. Hold on to your Iraqi dinars..
5-29-2023 Newshound/Intel Guru RVAlready Iraq made amendments to the budget that Kurdistan didn’t like. Then, they amended the amendments. Now, there is a meeting to see if Kurdistan will agree. Typical Iraq-Kurdistan behavior. It could be all the news is just smoke.
5-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is telling us more than 2000 projects dated back to 2012 been waiting for 11 years will be passed and covered in this budget. FRANK: There has been a lot of suitors that have been waiting to bust down the door just to get the first kiss from Iraq. She's the prettiest girl in town. There are many things for your economic reforms that have been waiting on the sidelines...you can see them pouring in...it's all because of the monetary reform that is allowing them to be protected, Article VIII, they know what is about to happen to the exchange rate via the monetary reform...
5-29-2023 Newshound Guru Militia Man You can't make this up...Lo and behold they come to an agreement to sort out the U.S. debt and then now the next thing is we're seeing they [Iraq] are getting ready to sort out the 2023, 24 and 25 budget.
5-29-2023 Intel Guru MarkZ [via PDK] I did think we would have seen the budget yesterday. I have some sources over there that still say its done…they are still working on logistical things? Over the weekend they are talking about lower denominations again. About the importance of lower denominations and the importance of digital banking. They are giving us all the information for those paying attention. They are still educating people on the coming price change ...On the rumor side: Some sources think today and tomorrow is still a “go” . Some think we will be in the banks before the 10th of June. No one knows the date or rate…but everything tells us how close we are.
5-29-2023 Newshound Guru Clare Article: "After the recent amendments" .. Shafaq News publishes the 2023 budget bill" Quote: "According to the text of the budget...the financial revenues for this year are estimated at 134 trillion, 552 billion, 919 million and 63 thousand Iraqi dinars, by calculating revenues from exporting crude oil at a price of $70 per barrel and a daily export rate of three million and 500 thousand barrels and 400 One thousand barrels per day of the region’s oil exports, and the exchange rate for the dollar is 1,300 dinars."
5-29-2023 Intel Guru Frank26 The monetary reform, oh my word, it's smoking hot. All the signals that are coming out from the right people are telling you the Iraqi dinar, the exchange rate, the new national currency is about to go boom, boom boom boom...
5-29-2023 Guru Nader From The Mid East They decided today to...tell us about new category. It's gonna come out, the new money, the new currency they said. I hope they're a lot smaller than the other ones. Remember I told you nothing would change before the currency changes. The currency changes you're gonna see a rate change. The money, the currency, doesn't change we can do nothing...
5-29-2023 Intel Guru Frank26 The farther we go into this the more I think these [new rate and lower denomination notes] are going to go neck and neck. I was thinking maybe we'll have the exchange rate and then we'll have the currency. Some of you feel we'll have the currency and then we'll have the new exchange rate. Well that's kind of not very good logically. I'm feeling maybe we'll have everything all at once together which would be the smartest thing...
5-29-2023 Intel Guru MarkZ [via PDK] Article: “Finance Committee suspends work until budget disputes are resolved” Just stay calm…its purposeful misinformation. They are talking about their lower denominations and much more…watch what they do. Here is another great sign “Iraq boosts gold reserves by 2 % in a single day in gradual buildup” They are separating themselves from the US dollar. It’s happening guys. Member Comment: If Nader can use his dinar based debit card anywhere in the world now…i think we have to be close. [reference Guru Nader post 5-28-2023] MarkZ answer: Obviously they've done more then they are telling us…obviously things are happening.
5-29-2023 Intel Guru yada Article: "Fatah deputy: The budget will be presented to a vote in the next two days, and we await the response of the Kurds to the framework" ...Reading the content, it indicates they can pass the budget now without the Kurds agreeing. The group of the Kurds they are referencing is a minority group and can be pass without them. But, the Framework, is giving them a chance to be a part of the consensus...We are there folks, just waiting for the minority's response...whether they respond or not, will still get done.
5-29-2023 Newshound/Intel Guru Walkingstick The ATMs are on. They are active. They have been turned on. The only problem is the citizens aren't using them yet... [Walkingsticks bank friend here in the US] bought 18 of them. He's not in Iraq.
5-29-2023 Intel Guru MarkZ [via PDK] Question: Mark do you feel confident the Dong is going to RV as well. MarkZ Answer: I feel confident the dong is going to RV at the same time as the dinar. The overwhelming majority of banking contacts, paymaster contacts...Government contacts agree they will be going all at once. Question: dong rate? MarkZ answer: I am still hearing up to $2.25. Some people are saying .47 cents. Nobody knows for certain until we cross the finish line.
5-29-2023 Newshound Guru Sandy Ingram Will we be allowed to exchange our IQD...? Probably. Will we be able to invest in Iraq and realize a profit on our Iraqi dinars? The answer is yes even if we have to hire an Iraqi company to invest or exchange our money for us. Is it possible that the currency will increase in value? Yes! It is more than possible. It may not be 1 USD to 1 dinar initially. It's all a matter of time and strategy. Hold on to your Iraqi dinars..
5-29-2023 Newshound/Intel Guru RVAlready Iraq made amendments to the budget that Kurdistan didn’t like. Then, they amended the amendments. Now, there is a meeting to see if Kurdistan will agree. Typical Iraq-Kurdistan behavior. It could be all the news is just smoke.
5-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is telling us more than 2000 projects dated back to 2012 been waiting for 11 years will be passed and covered in this budget. FRANK: There has been a lot of suitors that have been waiting to bust down the door just to get the first kiss from Iraq. She's the prettiest girl in town. There are many things for your economic reforms that have been waiting on the sidelines...you can see them pouring in...it's all because of the monetary reform that is allowing them to be protected, Article VIII, they know what is about to happen to the exchange rate via the monetary reform...
5-29-2023 Newshound Guru Militia Man You can't make this up...Lo and behold they come to an agreement to sort out the U.S. debt and then now the next thing is we're seeing they [Iraq] are getting ready to sort out the 2023, 24 and 25 budget.
5-29-2023 Intel Guru MarkZ [via PDK] I did think we would have seen the budget yesterday. I have some sources over there that still say its done…they are still working on logistical things? Over the weekend they are talking about lower denominations again. About the importance of lower denominations and the importance of digital banking. They are giving us all the information for those paying attention. They are still educating people on the coming price change ...On the rumor side: Some sources think today and tomorrow is still a “go” . Some think we will be in the banks before the 10th of June. No one knows the date or rate…but everything tells us how close we are.
5-29-2023 Newshound Guru Clare Article: "After the recent amendments" .. Shafaq News publishes the 2023 budget bill" Quote: "According to the text of the budget...the financial revenues for this year are estimated at 134 trillion, 552 billion, 919 million and 63 thousand Iraqi dinars, by calculating revenues from exporting crude oil at a price of $70 per barrel and a daily export rate of three million and 500 thousand barrels and 400 One thousand barrels per day of the region’s oil exports, and the exchange rate for the dollar is 1,300 dinars."
5-29-2023 Intel Guru Frank26 The monetary reform, oh my word, it's smoking hot. All the signals that are coming out from the right people are telling you the Iraqi dinar, the exchange rate, the new national currency is about to go boom, boom boom boom...
5-29-2023 Guru Nader From The Mid East They decided today to...tell us about new category. It's gonna come out, the new money, the new currency they said. I hope they're a lot smaller than the other ones. Remember I told you nothing would change before the currency changes. The currency changes you're gonna see a rate change. The money, the currency, doesn't change we can do nothing...
5-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Government and central bank are saying no dealing in dollars. It's unacceptable and they have a special police force to enforce this and they want all to respect and only use the dinar.
5-28-2023 Newshound Guru Breitling Question: "You think Trump put any extra pressure on Iraq [to revalue] when he was in?" No. He wasn't worried about that. He would have supported it if they did. He would have 100%. So would Biden but it's not a priority to them. It's not part of our [United States'] plan. We're not against it. It's not going to hurt us in any way shape or form because guess what they're going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar. [See Guest Gurus Margarita and desaddams Trump posts below.]
5-28-2023 Newshound Guru Pimpy People are like, 'Pimpy doesn't know what he's talking about. It's on the Forex in-country, it's floating freely in-country.' No it's not. Yes they do monitor both rates [Official CBI rate and black market rate] but it's for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another.
5-28-2023 Guest Guru desaddams [Response to Guest Guru Margarita Trump Below.] When Ingraham asked how Trump planned to collect money from Iraq, the president said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there."
5-28-2023 Intel Guru Frank26 What happens after the Iraqi dinar de-pegs...after the new exchange rate, the national currency and the coins come out...what's the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket...IMO the internal float of the Iraqi dinar is very self-evident...when they finally introduce the reinstatement of their currency you're going to see that currency start to float internationally.
5-28-2023 Newshound Guru Militia Man Article quote: "The national security agency carried out a wide campaign to adopt the dinar instead of the dollar in commercial dealings in Kirkuk" Why is the security agency doing that? If you have a brand new currency and it's coming out, obviously there's going to be coming out obviously there's going to be some security risks...they're also educating people...it's an awareness campaign...it enhances the citizen's confidence in the Iraqi currency...
5-28-2023 Guru Nader From The Mid East I can use my Iraqi debit card in America...I never talked about the credit cards or ATM...they're telling us today the credit cards we can use them international. I can use my debit card here or my credit card anywhere in the world...Of course our credit cards doesn't work with dollar, work with dinar. So if I'm here (United States) I'm gonna go to any bank, example Chase, get money - What's going to happen? The dinar is going to be exchange by the dollar between banks. A week ago I came out and said it's gonna float. There's your float. For now it's not showing on Forex. Believe me guys it start to float. Now I can use my card here...
5-28-2023 Guest Guru Margarita Community Comment: "I never heard Trump say how much dinar was in the U. S. Treasury...Was it 36 billion?" Well he never uttered the term dinar when he said it. He literally said we have a certain amount of THEIR money. He didn't say it was dinars nor dollars.
5-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying we're joining the BRICS and we have banned the use of the dollar. This move is to strengthen the dinar. They talked about how this will increase on the Forex market. FRANK: That's an international basket...that's de-dollarizing. That's de-pegging from the American dollar...Through the Forex markets! That's exactly right.
5-28-2023 Newshound Guru Breitling Question: "You think Trump put any extra pressure on Iraq [to revalue] when he was in?" No. He wasn't worried about that. He would have supported it if they did. He would have 100%. So would Biden but it's not a priority to them. It's not part of our [United States'] plan. We're not against it. It's not going to hurt us in any way shape or form because guess what they're going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar. [See Guest Gurus Margarita and desaddams Trump posts below.]
5-28-2023 Newshound Guru Pimpy People are like, 'Pimpy doesn't know what he's talking about. It's on the Forex in-country, it's floating freely in-country.' No it's not. Yes they do monitor both rates [Official CBI rate and black market rate] but it's for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another.
5-28-2023 Guest Guru desaddams [Response to Guest Guru Margarita Trump Below.] When Ingraham asked how Trump planned to collect money from Iraq, the president said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there."
5-28-2023 Intel Guru Frank26 What happens after the Iraqi dinar de-pegs...after the new exchange rate, the national currency and the coins come out...what's the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket...IMO the internal float of the Iraqi dinar is very self-evident...when they finally introduce the reinstatement of their currency you're going to see that currency start to float internationally.
5-28-2023 Newshound Guru Militia Man Article quote: "The national security agency carried out a wide campaign to adopt the dinar instead of the dollar in commercial dealings in Kirkuk" Why is the security agency doing that? If you have a brand new currency and it's coming out, obviously there's going to be coming out obviously there's going to be some security risks...they're also educating people...it's an awareness campaign...it enhances the citizen's confidence in the Iraqi currency...
5-28-2023 Guru Nader From The Mid East I can use my Iraqi debit card in America...I never talked about the credit cards or ATM...they're telling us today the credit cards we can use them international. I can use my debit card here or my credit card anywhere in the world...Of course our credit cards doesn't work with dollar, work with dinar. So if I'm here (United States) I'm gonna go to any bank, example Chase, get money - What's going to happen? The dinar is going to be exchange by the dollar between banks. A week ago I came out and said it's gonna float. There's your float. For now it's not showing on Forex. Believe me guys it start to float. Now I can use my card here...
5-28-2023 Guest Guru Margarita Community Comment: "I never heard Trump say how much dinar was in the U. S. Treasury...Was it 36 billion?" Well he never uttered the term dinar when he said it. He literally said we have a certain amount of THEIR money. He didn't say it was dinars nor dollars.
5-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying we're joining the BRICS and we have banned the use of the dollar. This move is to strengthen the dinar. They talked about how this will increase on the Forex market. FRANK: That's an international basket...that's de-dollarizing. That's de-pegging from the American dollar...Through the Forex markets! That's exactly right.
5-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying to all businesses that still try to sell and use the dollar that it's a violation of the law and it's against Iraqi sovereignty. If they're caught, the first offense will be a fine. But then if they're caught again it will be fine in millions of dinars and they will serve jail time. FRANK: Their new national currency is sovereign in their country.
5-27-2023 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as the result of the growth of Iraq 's economy. So all of the BS on a daily basis about an RV coming, the budget has an RV, all nonsense...There is no RV. There will be no significant overnight change in the Iraqi dinar, it's not how monetary policy works...
5-27-2023 Intel Guru RayRen98 [via saltair & Babysmom] MOST RECENT ANTICIPATED OPENING RATES AS PER RAY DONG .47... DINAR 3.81...
5-27-2023 Intel Guru Frank26 Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote: "The Ministry of Planning revealed that the budget for the current year includes new items that address the impact of changing the exchange rates of the US dollar on the Iraqi citizen" COMBINE THIS ARTICLE WITH THE FACT THAT THEY WANT TO ALSO INTRODUCE LOWER NOTES BELOW A 250, THEN WE HAVE A NEW EXCHANGE RATE AND A NEW NATIONAL CURRENCY.
5-27-2023 Newshound Guru Pimpy Don't get caught up in the hype. There is no in-country/out-of-country exchange rate. There's no in-country free-floating exchange rate/out-of-counry fixed exchange rate. No. It's the same all the way around. Just hang tight. Don't be impatient. IMO it's going to increase in value...I do believe we'll see a very healthy change in the exchange rate over the next couple years...
5-27-2023 Newshound Guru Militia Man [Budget delay] Article Quote: "the relationship between the federal government and the regional government (Baghdad and Kurdistan) will soon prompt the legislation of this law [budget]" All that's positive. Just because one guy comes out and throws gas on the fire doesn't mean that's going to burn long. At this stage of the game I believe it's not going to burn long. I think it's going to turn out to be...in the next couple days we're going to see these guys get together and hammer it out.
5-27-2023 Intel Guru Frank26 Who cares about the budget. I care about the new exchange rate. And so does the budget for that matter.
5-27-2023 Intel Guru MarkZ [via PDK] “Iraq open to the world! An IBBC conference upcoming is celebrating Iraq’s return to International engagement”
5-27-2023 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as the result of the growth of Iraq 's economy. So all of the BS on a daily basis about an RV coming, the budget has an RV, all nonsense...There is no RV. There will be no significant overnight change in the Iraqi dinar, it's not how monetary policy works...
5-27-2023 Intel Guru RayRen98 [via saltair & Babysmom] MOST RECENT ANTICIPATED OPENING RATES AS PER RAY DONG .47... DINAR 3.81...
5-27-2023 Intel Guru Frank26 Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote: "The Ministry of Planning revealed that the budget for the current year includes new items that address the impact of changing the exchange rates of the US dollar on the Iraqi citizen" COMBINE THIS ARTICLE WITH THE FACT THAT THEY WANT TO ALSO INTRODUCE LOWER NOTES BELOW A 250, THEN WE HAVE A NEW EXCHANGE RATE AND A NEW NATIONAL CURRENCY.
5-27-2023 Newshound Guru Pimpy Don't get caught up in the hype. There is no in-country/out-of-country exchange rate. There's no in-country free-floating exchange rate/out-of-counry fixed exchange rate. No. It's the same all the way around. Just hang tight. Don't be impatient. IMO it's going to increase in value...I do believe we'll see a very healthy change in the exchange rate over the next couple years...
5-27-2023 Newshound Guru Militia Man [Budget delay] Article Quote: "the relationship between the federal government and the regional government (Baghdad and Kurdistan) will soon prompt the legislation of this law [budget]" All that's positive. Just because one guy comes out and throws gas on the fire doesn't mean that's going to burn long. At this stage of the game I believe it's not going to burn long. I think it's going to turn out to be...in the next couple days we're going to see these guys get together and hammer it out.
5-27-2023 Intel Guru Frank26 Who cares about the budget. I care about the new exchange rate. And so does the budget for that matter.
5-27-2023 Intel Guru MarkZ [via PDK] “Iraq open to the world! An IBBC conference upcoming is celebrating Iraq’s return to International engagement”
5-26-2023 Intel Guru Frank26 I'm pleased with where we're at - budget or no budget, new exchange rate or no new exchange rate. All these things are a reality. It's not fiction and it's all coming together. Let them cross the finish line together...
5-26-2023 Newshound Guru Clare Article: "Nashville is looking forward to twinning with Arbel next month" Quote: "The American mayor of Nashville, John Cooper announced, on Thursday, that the city is looking forward to officially twinning with the city of Erbil, the capital of the Kurdistan Region of Iraq, next month...On behalf of all the people of Nashville, I say how lucky we are to be known as 'Little Kurdistan'...We will return to establishing close relations with Kurdistan at the individual level in many different fields such as education, culture, business and tourism."
5-26-2023 Newshound Guru Deepwoodz So when they finish what they call the project to drop the zeroes it’s just that simple. Drop the zeroes from the worthless value. So the 25,000 tax is only a roundabout $25 tax to fly...They are adding taxes to a lot of things and let’s hope this is because they expect to make lots of money…”non-oil revenues” in the near future. Let’s hope it’s because they expect people to have money via higher wages, more money via the HCL, and more purchasing power via the new national currency. [Post 2 of 2]
5-26-2023 Newshound Guru Deepwoodz Community Question "...The 25,000 IQD tax in the budget for Iraqi citizens to pay if they use the airport and fly. That tax tells me that the parliament must have no clue about the coming rate change. This worries me greatly...If the rate was going to change then 25,000 IQD will equal $25,000 USD with an initial 1 to 1 R.I. This is ludicrous." One theory is this, notice that 99.9% of the time when you see a tax, a bill, a debt, or a cost, it always ends with 000... [Post 1 of 2....stay tuned]
5-26-2023 Intel Guru Bruce [via WiserNow] The new time frame is that the budget will be out in the printed version of the Gazette Saturday. The new rate for the Iraqi dinar will be put out Sunday. If you're good at math, you can figure out the rate based on the budget..but remember, this is the in country rate for the dinar ...The rate that has been set for us is way different and much, much higher...Dong rate very strong very high, also... We should be there before the end of the month, and very possibly we see something in the way of our notifications over this Memorial Day weekend.
5-26-2023 Newshound Guru Kaperoni The truth is if the dinar is going to rise it will be the result of Iraq building a diverse economy. They are working diligently to diversify away from oil, past laws and create an investment environment. With the success of Iraq's economy, they will then be in a position to allow it to rise gradually over time. An increase in the exchange rate is not a random act, but is the result of economic success.
5-26-2023 Intel Guru Frank26 Don't you agree that the budget is going to make things a lot more transparent with the monetary reform? The economic reform is already extremely visible. Everybody can see it. Look at all the countries that are pouring in...they never did before. Kind of unusual, huh? Yeah, but if you were in their shoes and you had the ability to come into Iraq and invest you would too. Why didn't you [investors pour in] last year? Because you didn't see the evidence as you see it now. It's loud. It's clear.
5-26-2023 Intel Guru RayRen98 ...EVERYONE KNOWS THAT RAY DOESN'T MAKE ANY PROMISES WHEN IT COMES TO THE RV! BUT... THIS "MAY" BECOME YOUR MOST MEMORABLE MEMORIAL DAY WEEKEND OF YOUR LIFE! TIME WILL TELL.
5-26-2023 Intel Guru MarkZ [via PDK] There is some interesting news today. We continue to get very positive stuff out of Iraq. We are looking for budget approval this weekend on Saturday. I was told that after its passed- anytime is wide open for a rate change.
5-26-2023 Newshound Guru Pimpy They're doing all the right things now putting themselves in place to strengthen Iraqi dinar. I do believe it will increase value before 2026...in small increments...As far as the exchange rate change in 2026 there's reason to believe that that exchange rate change is going to be a doozy of an exchange rate change and I have reasons to believe that.
5-26-2023 Intel Guru Frank26 The new exchange rate is very close based on all the things they are introducing to you on a daily basis through the monetary reform education. But because the monetary reform education is not complete, the budget may not have the new exchange rate just yet. Look at the line items. The line items will tell you it requires a new rate. Now you believe once you see the budget you will see the news exchange rate. I agree, but do not look for it in the budget.
5-26-2023 Newshound Guru Deepwoodz Article: "With documents.. amending the paragraphs related to the region's dues in the budget, and the Patriotic Union confirms: a historic victory for the Kurds and a blow to the corrupt" This has been the holdup. Maliki is p*ssed but that’s a good thing and looks like they are ready to vote tomorrow!
5-26-2023 Intel Guru MarkZ [via PDK] ...they have recovered 20 million dollars of Iraqi money from Kuwait and getting ready to recover 80 million dollars from Credit Suisse. These are funds that were locked up from when Sadaam Hussein moved into Kuwait. So a lot of Iraq’s funds around the world were frozen. They are now unfreezing them because they continue to meet all their obligations. When that act of war was committed…Iraq’s currency was devalued...to take away their ability to make war. They took something that was worth a lot and changed the value to worth not much. Now they are meeting all the requirements so they can do the opposite. We are watching this all play out. Obviously it hasn’t gone as fast as we want it too. Would sure be nice to be across that finish line.
5-26-2023 Newshound Guru Clare Article: "Nashville is looking forward to twinning with Arbel next month" Quote: "The American mayor of Nashville, John Cooper announced, on Thursday, that the city is looking forward to officially twinning with the city of Erbil, the capital of the Kurdistan Region of Iraq, next month...On behalf of all the people of Nashville, I say how lucky we are to be known as 'Little Kurdistan'...We will return to establishing close relations with Kurdistan at the individual level in many different fields such as education, culture, business and tourism."
5-26-2023 Newshound Guru Deepwoodz So when they finish what they call the project to drop the zeroes it’s just that simple. Drop the zeroes from the worthless value. So the 25,000 tax is only a roundabout $25 tax to fly...They are adding taxes to a lot of things and let’s hope this is because they expect to make lots of money…”non-oil revenues” in the near future. Let’s hope it’s because they expect people to have money via higher wages, more money via the HCL, and more purchasing power via the new national currency. [Post 2 of 2]
5-26-2023 Newshound Guru Deepwoodz Community Question "...The 25,000 IQD tax in the budget for Iraqi citizens to pay if they use the airport and fly. That tax tells me that the parliament must have no clue about the coming rate change. This worries me greatly...If the rate was going to change then 25,000 IQD will equal $25,000 USD with an initial 1 to 1 R.I. This is ludicrous." One theory is this, notice that 99.9% of the time when you see a tax, a bill, a debt, or a cost, it always ends with 000... [Post 1 of 2....stay tuned]
5-26-2023 Intel Guru Bruce [via WiserNow] The new time frame is that the budget will be out in the printed version of the Gazette Saturday. The new rate for the Iraqi dinar will be put out Sunday. If you're good at math, you can figure out the rate based on the budget..but remember, this is the in country rate for the dinar ...The rate that has been set for us is way different and much, much higher...Dong rate very strong very high, also... We should be there before the end of the month, and very possibly we see something in the way of our notifications over this Memorial Day weekend.
5-26-2023 Newshound Guru Kaperoni The truth is if the dinar is going to rise it will be the result of Iraq building a diverse economy. They are working diligently to diversify away from oil, past laws and create an investment environment. With the success of Iraq's economy, they will then be in a position to allow it to rise gradually over time. An increase in the exchange rate is not a random act, but is the result of economic success.
5-26-2023 Intel Guru Frank26 Don't you agree that the budget is going to make things a lot more transparent with the monetary reform? The economic reform is already extremely visible. Everybody can see it. Look at all the countries that are pouring in...they never did before. Kind of unusual, huh? Yeah, but if you were in their shoes and you had the ability to come into Iraq and invest you would too. Why didn't you [investors pour in] last year? Because you didn't see the evidence as you see it now. It's loud. It's clear.
5-26-2023 Intel Guru RayRen98 ...EVERYONE KNOWS THAT RAY DOESN'T MAKE ANY PROMISES WHEN IT COMES TO THE RV! BUT... THIS "MAY" BECOME YOUR MOST MEMORABLE MEMORIAL DAY WEEKEND OF YOUR LIFE! TIME WILL TELL.
5-26-2023 Intel Guru MarkZ [via PDK] There is some interesting news today. We continue to get very positive stuff out of Iraq. We are looking for budget approval this weekend on Saturday. I was told that after its passed- anytime is wide open for a rate change.
5-26-2023 Newshound Guru Pimpy They're doing all the right things now putting themselves in place to strengthen Iraqi dinar. I do believe it will increase value before 2026...in small increments...As far as the exchange rate change in 2026 there's reason to believe that that exchange rate change is going to be a doozy of an exchange rate change and I have reasons to believe that.
5-26-2023 Intel Guru Frank26 The new exchange rate is very close based on all the things they are introducing to you on a daily basis through the monetary reform education. But because the monetary reform education is not complete, the budget may not have the new exchange rate just yet. Look at the line items. The line items will tell you it requires a new rate. Now you believe once you see the budget you will see the news exchange rate. I agree, but do not look for it in the budget.
5-26-2023 Newshound Guru Deepwoodz Article: "With documents.. amending the paragraphs related to the region's dues in the budget, and the Patriotic Union confirms: a historic victory for the Kurds and a blow to the corrupt" This has been the holdup. Maliki is p*ssed but that’s a good thing and looks like they are ready to vote tomorrow!
5-26-2023 Intel Guru MarkZ [via PDK] ...they have recovered 20 million dollars of Iraqi money from Kuwait and getting ready to recover 80 million dollars from Credit Suisse. These are funds that were locked up from when Sadaam Hussein moved into Kuwait. So a lot of Iraq’s funds around the world were frozen. They are now unfreezing them because they continue to meet all their obligations. When that act of war was committed…Iraq’s currency was devalued...to take away their ability to make war. They took something that was worth a lot and changed the value to worth not much. Now they are meeting all the requirements so they can do the opposite. We are watching this all play out. Obviously it hasn’t gone as fast as we want it too. Would sure be nice to be across that finish line.
5-25-2023 Newshound Guru Pimpy There's been a lot of back and forth ...People are claiming the currency is floating and that it is on the Forex ...Is the IQD on the Forex? ...Money exchanges, not the global Forex, do list the IQD. Since the IQD is a recognizable legitimate currency they still keep track of it but it's not paired up with anything and it's not trading...at this time Forex.com does not offer trading in the Iraqi dinar...
5-25-2023 Intel Guru Frank26 If they start to expose the budget, they're going to expose the line item about adjusting the exchange rate against the American dollar. It's a program rate...right now against the dollar and they're going to adjust that? Well bye-bye program rate. I wonder what the rate will be?
5-25-2023 Intel Guru MarkZ [via PDK] I still think it will happen in the month of May. I was told they are trying to have US- you and me starting our appointments around the 30th and 31st…..I still feel good about the month of May. Remember Nobody knows the exact timing.
5-25-2023 Newshound Guru Breitling All I'm trying to do is eliminate the conspiracy theories and hype out of a legitimate opportunity. Nobody knows what's going to happen. I have an idea based on policy. My evidence is policy. They said they want to revalue it at a $1.17 then they want to get it to $3.75. I have proof. The doubters don't. The only thing they can say is, 'It hasn't revalued yet.' So what. What the hell does that have to do with the price of tea in china? It's all speculative.
5-25-2023 Newshound Guru Kaperoni The current plan that Iraq has stated is over the next three years. That is why the budget will be a three-year term, that is why the new Central Bank of Iraq building will open in 2025, and over the next 16 months Iraq will diversify, pass laws and begin the rebuilding process.
5-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We need to believe we will see a new rate soon after this historic budget. It just has to be with all the ground work that's already been done. FRANK: We are really leaning in the direction that we want to see the budget. Give us the budget and then turn those trillions into billions...the flip of a switch would covert the exchange rate.
5-25-2023 Newshound Guru Militia Man the quote says, 'After these article [12, 13, 14 - Oil agreement] are resolved with the Finance Committee the parliament session will be determined to vote on the budget.' ...What we believe is that is the key point. Once we get that done, if Halbousi...their president, signs off on this it opens the door for us to be in effectively a window. I don't have a date, time, rate...but the fact remains...because of the nature of the 3 year budget it will allow them in our understanding of it to have the ability to make an exchange rate change whenever they can.
5-25-2023 Newshound Guru Pimpy Let's clear this up...an RI is a reinstatement. People always intermingle that with the RV. An RI would be reinstating the rate in which a currency once was. In Kuwait...they were invaded, they dropped the value way down but after Iraq was removed...they reinstated the rate where it was before the invasion. As far as Iraq is concerned, way different because what happened in Kuwait was a short period of time, not to mention Iraq is under restrictions. Are they going to have a reinstatement? I don't think so. That's my opinion. But could it happen? Of course. Anything is possible...I think you're going to see an RV which is a re-value...
5-25-2023 Intel Guru MarkZ [via PDK] I am now hearing they want to let this thing rip on the 30th-31st on the street level and that we will see a lot happening over the weekend-including Iraq’s budget. They expect to pass it –rubber stamp it this Saturday allowing them to move forward with rate changes...I think this month is very much still in play.
5-25-2023 Intel Guru Frank26 I don't care when the budget comes out. I don't. It's not the budget I seek. I care about when the new exchange rate comes out. And there is a line item IMO that has the new exchange rate in it...
5-25-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar...Yes, I do have some concerns about not seeing any news about the project to delete the zeros... Integral to the RV is this project to delete the zeros. One can not happen without the other. Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. ...Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?
5-25-2023 Intel Guru Frank26 If they start to expose the budget, they're going to expose the line item about adjusting the exchange rate against the American dollar. It's a program rate...right now against the dollar and they're going to adjust that? Well bye-bye program rate. I wonder what the rate will be?
5-25-2023 Intel Guru MarkZ [via PDK] I still think it will happen in the month of May. I was told they are trying to have US- you and me starting our appointments around the 30th and 31st…..I still feel good about the month of May. Remember Nobody knows the exact timing.
5-25-2023 Newshound Guru Breitling All I'm trying to do is eliminate the conspiracy theories and hype out of a legitimate opportunity. Nobody knows what's going to happen. I have an idea based on policy. My evidence is policy. They said they want to revalue it at a $1.17 then they want to get it to $3.75. I have proof. The doubters don't. The only thing they can say is, 'It hasn't revalued yet.' So what. What the hell does that have to do with the price of tea in china? It's all speculative.
5-25-2023 Newshound Guru Kaperoni The current plan that Iraq has stated is over the next three years. That is why the budget will be a three-year term, that is why the new Central Bank of Iraq building will open in 2025, and over the next 16 months Iraq will diversify, pass laws and begin the rebuilding process.
5-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We need to believe we will see a new rate soon after this historic budget. It just has to be with all the ground work that's already been done. FRANK: We are really leaning in the direction that we want to see the budget. Give us the budget and then turn those trillions into billions...the flip of a switch would covert the exchange rate.
5-25-2023 Newshound Guru Militia Man the quote says, 'After these article [12, 13, 14 - Oil agreement] are resolved with the Finance Committee the parliament session will be determined to vote on the budget.' ...What we believe is that is the key point. Once we get that done, if Halbousi...their president, signs off on this it opens the door for us to be in effectively a window. I don't have a date, time, rate...but the fact remains...because of the nature of the 3 year budget it will allow them in our understanding of it to have the ability to make an exchange rate change whenever they can.
5-25-2023 Newshound Guru Pimpy Let's clear this up...an RI is a reinstatement. People always intermingle that with the RV. An RI would be reinstating the rate in which a currency once was. In Kuwait...they were invaded, they dropped the value way down but after Iraq was removed...they reinstated the rate where it was before the invasion. As far as Iraq is concerned, way different because what happened in Kuwait was a short period of time, not to mention Iraq is under restrictions. Are they going to have a reinstatement? I don't think so. That's my opinion. But could it happen? Of course. Anything is possible...I think you're going to see an RV which is a re-value...
5-25-2023 Intel Guru MarkZ [via PDK] I am now hearing they want to let this thing rip on the 30th-31st on the street level and that we will see a lot happening over the weekend-including Iraq’s budget. They expect to pass it –rubber stamp it this Saturday allowing them to move forward with rate changes...I think this month is very much still in play.
5-25-2023 Intel Guru Frank26 I don't care when the budget comes out. I don't. It's not the budget I seek. I care about when the new exchange rate comes out. And there is a line item IMO that has the new exchange rate in it...
5-25-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar...Yes, I do have some concerns about not seeing any news about the project to delete the zeros... Integral to the RV is this project to delete the zeros. One can not happen without the other. Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. ...Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?
5-24-2023 Newshound Guru Pimpy If the RV hasn't happened by the time the currency is on the Forex it should show in real time...There's a good possibility that before it hits the Forex that the RV will happen.
5-24-2023 Intel Guru Bruce [via PDK] ...over the weekend, certainly by Sunday Iraq was going to expose their budgets, and the new rate would be in the budget. They did do that. But we were kept from seeing the new rates and we won't see it until Thursday. There's what I'm hearing out of Iraq... the new rate is supposed to be available to us to see here on Thursday. ..exchanges on Thursday...I'm just telling you I'm being told from some pretty strong sources...I think we're looking pretty good. Right now.
5-24-2023 Intel Guru Frank26 The whole world is pouring into Iraq . You don't think these companies and countries know something that you don't know? Of course.
5-24-2023 Newshound Guru Sandy Ingram [Recent Dinar History Recap] Iraq finally had an election and there is a new prime minister who is friendly with Iran. Large sums of U.S. dollars began flowing into Iran who is under sanctions. The United States immediately stopped the flow of U.S. dollars into Iraq ..and Iraq was on its way to looking like Zimbabwe . Fortunately a delegation was called to Washington D.C. and for 6 days and nights they hammered out a plan. We believe we are seeing the plan unfold...Iraq is all about making progress and when this progress continues the value of their currency will increase against the U.S. dollar. This is what we are waiting for.
5-24-2023 Newshound/Intel Guru Mnt Goat The articles this week are still rolling out yet more currency reforms but most importantly they are now “enforcing” the new CBI currency mandates and sole use of the dinar with a special task force of policemen. WOW! WOW! WOW! So we can [see] they mean business. I feel there is now no turning back. This is moving forward...we are heading for the long awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business trading...We could possibly see what we are looking for prior to June.
5-24-2023 Newshound Guru Deepwoodz Community Comment: "It's the CBI that changes the rate not parliament. The CBI can do it anytime." Constitution Article 110 - The federal government shall have exclusive authorities in the following matters: ...Formulating fiscal and customs policy; issuing currency; regulating commercial policy across regional and governorate boundaries in Iraq; drawing up the national budget of the State; formulating monetary policy; and establishing and administering a central bank." So although the CBI actually change the rate, they do it at the PM’s & COM’s discretion. Case in point, when Sudani became PM he fired Mustafa Galeh and installed Alaq.
5-24-2023 Intel Guru Frank26 What happens after they open the budget? I don't know but it's the next chapter in our investment...nothing is going to work without the new exchange rate. That's a fact of life.
5-24-2023 Newshound Guru Pimpy The official rate, which is when the bank tell you it's a fixed rate - not floating. In the streets what you have is a black market where people will pay you more dinar than you would normally get from the bank in order to get the US dollars...it has nothing to do with it floating ...there's the official one [rate] and a parallel [black market] one [rate]...all you have to do is pay attention to what the Central Bank is telling you. [NOTE: You can always see the CBI official rate in the left column of this page.]
5-24-2023 Intel Guru MarkZ [via PDK] We continue to hear positive things. There is a lot of chatter about a possible release TODAY from Reno. That may be a little early but I am still feeling very good about this month...My contacts in Iraq say Iraq is positioned to dump their Rothschild Central Bank. They are doing whatever it takes to go with or without everyone…to force the RV to fruition. They are joining BRICS and moving away from the US dollar.
5-24-2023 Newshound Guru Militia Man It's the CBI's job to make a rate change adjustment. It's not the parliament or it's not the Council of Minister's or the Finance Committee's job to do that...
5-24-2023 Intel Guru Frank26 These are good times for our investment because the things that are happening are not negative, they're moving in a positive direction...we are right at the edge of cliff, on my tiptoes, with my arms spread wide open, with my chest sticking out leaning forward over this cliff and all I need is a little gust of wind to knock me over and fly like a bird into the international world with this new national currency...
5-24-2023 Newshound Guru NORV [aka Guru Kaperoni] ...I have always stated with the success of Iraq's economy will come the increase of the dinar. ...some interesting news...Article: "The Social Security Law includes many privileges for workers in the private sector" This law was passed last weekend...This is critical to get people off the government payroll and working for the private sector which has been stated already will not only diversify Iraq's economy but rebuild the country. Article: "Retirement: The insurance law will provide a salary for more than two million workers in the private sector." They plan to launch this law in August. Which in essence means they will launch the private sector at that time. This is big news. So we can expect significant changes come August to Iraq's economy coming yet this year.
5-24-2023 Intel Guru Bruce [via PDK] ...over the weekend, certainly by Sunday Iraq was going to expose their budgets, and the new rate would be in the budget. They did do that. But we were kept from seeing the new rates and we won't see it until Thursday. There's what I'm hearing out of Iraq... the new rate is supposed to be available to us to see here on Thursday. ..exchanges on Thursday...I'm just telling you I'm being told from some pretty strong sources...I think we're looking pretty good. Right now.
5-24-2023 Intel Guru Frank26 The whole world is pouring into Iraq . You don't think these companies and countries know something that you don't know? Of course.
5-24-2023 Newshound Guru Sandy Ingram [Recent Dinar History Recap] Iraq finally had an election and there is a new prime minister who is friendly with Iran. Large sums of U.S. dollars began flowing into Iran who is under sanctions. The United States immediately stopped the flow of U.S. dollars into Iraq ..and Iraq was on its way to looking like Zimbabwe . Fortunately a delegation was called to Washington D.C. and for 6 days and nights they hammered out a plan. We believe we are seeing the plan unfold...Iraq is all about making progress and when this progress continues the value of their currency will increase against the U.S. dollar. This is what we are waiting for.
5-24-2023 Newshound/Intel Guru Mnt Goat The articles this week are still rolling out yet more currency reforms but most importantly they are now “enforcing” the new CBI currency mandates and sole use of the dinar with a special task force of policemen. WOW! WOW! WOW! So we can [see] they mean business. I feel there is now no turning back. This is moving forward...we are heading for the long awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business trading...We could possibly see what we are looking for prior to June.
5-24-2023 Newshound Guru Deepwoodz Community Comment: "It's the CBI that changes the rate not parliament. The CBI can do it anytime." Constitution Article 110 - The federal government shall have exclusive authorities in the following matters: ...Formulating fiscal and customs policy; issuing currency; regulating commercial policy across regional and governorate boundaries in Iraq; drawing up the national budget of the State; formulating monetary policy; and establishing and administering a central bank." So although the CBI actually change the rate, they do it at the PM’s & COM’s discretion. Case in point, when Sudani became PM he fired Mustafa Galeh and installed Alaq.
5-24-2023 Intel Guru Frank26 What happens after they open the budget? I don't know but it's the next chapter in our investment...nothing is going to work without the new exchange rate. That's a fact of life.
5-24-2023 Newshound Guru Pimpy The official rate, which is when the bank tell you it's a fixed rate - not floating. In the streets what you have is a black market where people will pay you more dinar than you would normally get from the bank in order to get the US dollars...it has nothing to do with it floating ...there's the official one [rate] and a parallel [black market] one [rate]...all you have to do is pay attention to what the Central Bank is telling you. [NOTE: You can always see the CBI official rate in the left column of this page.]
5-24-2023 Intel Guru MarkZ [via PDK] We continue to hear positive things. There is a lot of chatter about a possible release TODAY from Reno. That may be a little early but I am still feeling very good about this month...My contacts in Iraq say Iraq is positioned to dump their Rothschild Central Bank. They are doing whatever it takes to go with or without everyone…to force the RV to fruition. They are joining BRICS and moving away from the US dollar.
5-24-2023 Newshound Guru Militia Man It's the CBI's job to make a rate change adjustment. It's not the parliament or it's not the Council of Minister's or the Finance Committee's job to do that...
5-24-2023 Intel Guru Frank26 These are good times for our investment because the things that are happening are not negative, they're moving in a positive direction...we are right at the edge of cliff, on my tiptoes, with my arms spread wide open, with my chest sticking out leaning forward over this cliff and all I need is a little gust of wind to knock me over and fly like a bird into the international world with this new national currency...
5-24-2023 Newshound Guru NORV [aka Guru Kaperoni] ...I have always stated with the success of Iraq's economy will come the increase of the dinar. ...some interesting news...Article: "The Social Security Law includes many privileges for workers in the private sector" This law was passed last weekend...This is critical to get people off the government payroll and working for the private sector which has been stated already will not only diversify Iraq's economy but rebuild the country. Article: "Retirement: The insurance law will provide a salary for more than two million workers in the private sector." They plan to launch this law in August. Which in essence means they will launch the private sector at that time. This is big news. So we can expect significant changes come August to Iraq's economy coming yet this year.
5-23-2023 Intel Guru Frank26 Nothing is late. It's actually on schedule. Many people think this should have happened last month or at the beginning of the year...but they don't understand the logistics of what the CBI is doing with your [Iraq's] monetary reform. You as a [Iraqi] citizen now understand. You see the evidence...
5-23-2023 Intel Guru MarkZ [via PDK] Pretty quiet on the RV front today. On the banker side they are trying to figure out what to expect this week. I very much think this is still our month.
5-23-2023 Guru Nader From The Mid East No one can change the rate besides the CBI...telling you the truth we're not ready yet. They're working on it. They have good news. They have good things going on but they're not ready. When they're ready you will know...we all will know...
5-23-2023 Newshound Guru Pimpy I would like to see Iraq un-peg their dinar from the US dollar and peg to the same basket that the Arab Monetary Fund uses...22 or 23 nations are involved in this organization and they all trade using their own special dinar. That value is really high. It's the SDR rate, which I think is 1.76 x 4. That's how they figure out what the value of their [basket] dinar is worth.
5-23-2023 Guest Guru Dallasdude I personally have said for months that I did not expect a rate that favored us with the passing of the budget because they have said repeatedly for months that the official exchange rate will be in the 1300 range when budget is passed..their economy needs time to grow and over a period of time we hope gets in the 1 to 1 range or 1.50 to 1 whatever the case may be...this is not meant at all to be negative because quite honestly I really love the progress this current Iraqi administration is making...
5-23-2023 Intel Guru Frank26 Remember when they had the 50s before? They got rid of them because they were worthless at the program rate. So they're going to bring them back again? They're useless. I think a 50 note would be about $0.03 cents with the program rate they have right now. Don't get over excited, 'Oh, the lower denoms are coming out now!' I don't know when. But they are in the process of the monetary reform education showing the citizens this is what we're about to do...it's a slow gradual process. It's exciting is what it is!
5-23-2023 Intel Guru MarkZ [via PDK] Things are quiet but remain very solid. I hear they have squarely targeted the month of May. I hope that is right.
5-23-2023 Newshound Guru Clare Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote "...serious discussions were held by the ministry, with the participation of the Investment Authority, government agencies, the Federation of Industries and other concerned authorities, regarding exchange rates and their impact on the market and therefore on citizens,"
5-23-2023 Newshound Guru Militia Man Let's go back to Thursday. The Central Bank disabled electronic payment cards. We find that to be very interesting because we haven't seen them do that before...we haven't seen them come fully live yet...They said "maybe" in 2 days so in other words it could be a little longer...
5-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on television that the parallel market rate has been matched. They are telling us this over and over again. The parallel market rate has been matched. FRANK: It could possibly be a 1 to 1 rate or a 1 to 1.5 rate. Let's see what they come up with. They may also be talking about matching the street rate. Either way it is an extremely positive move in the right direction...
5-23-2023 Intel Guru MarkZ [via PDK] Remember in Kuwait…that morning of their RV they posted an article saying the RV was going to be months away… then that same day they went… this is normal. Expect misinformation …do not ride the roller coaster.
5-23-2023 Intel Guru MarkZ [via PDK] Pretty quiet on the RV front today. On the banker side they are trying to figure out what to expect this week. I very much think this is still our month.
5-23-2023 Guru Nader From The Mid East No one can change the rate besides the CBI...telling you the truth we're not ready yet. They're working on it. They have good news. They have good things going on but they're not ready. When they're ready you will know...we all will know...
5-23-2023 Newshound Guru Pimpy I would like to see Iraq un-peg their dinar from the US dollar and peg to the same basket that the Arab Monetary Fund uses...22 or 23 nations are involved in this organization and they all trade using their own special dinar. That value is really high. It's the SDR rate, which I think is 1.76 x 4. That's how they figure out what the value of their [basket] dinar is worth.
5-23-2023 Guest Guru Dallasdude I personally have said for months that I did not expect a rate that favored us with the passing of the budget because they have said repeatedly for months that the official exchange rate will be in the 1300 range when budget is passed..their economy needs time to grow and over a period of time we hope gets in the 1 to 1 range or 1.50 to 1 whatever the case may be...this is not meant at all to be negative because quite honestly I really love the progress this current Iraqi administration is making...
5-23-2023 Intel Guru Frank26 Remember when they had the 50s before? They got rid of them because they were worthless at the program rate. So they're going to bring them back again? They're useless. I think a 50 note would be about $0.03 cents with the program rate they have right now. Don't get over excited, 'Oh, the lower denoms are coming out now!' I don't know when. But they are in the process of the monetary reform education showing the citizens this is what we're about to do...it's a slow gradual process. It's exciting is what it is!
5-23-2023 Intel Guru MarkZ [via PDK] Things are quiet but remain very solid. I hear they have squarely targeted the month of May. I hope that is right.
5-23-2023 Newshound Guru Clare Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote "...serious discussions were held by the ministry, with the participation of the Investment Authority, government agencies, the Federation of Industries and other concerned authorities, regarding exchange rates and their impact on the market and therefore on citizens,"
5-23-2023 Newshound Guru Militia Man Let's go back to Thursday. The Central Bank disabled electronic payment cards. We find that to be very interesting because we haven't seen them do that before...we haven't seen them come fully live yet...They said "maybe" in 2 days so in other words it could be a little longer...
5-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on television that the parallel market rate has been matched. They are telling us this over and over again. The parallel market rate has been matched. FRANK: It could possibly be a 1 to 1 rate or a 1 to 1.5 rate. Let's see what they come up with. They may also be talking about matching the street rate. Either way it is an extremely positive move in the right direction...
5-23-2023 Intel Guru MarkZ [via PDK] Remember in Kuwait…that morning of their RV they posted an article saying the RV was going to be months away… then that same day they went… this is normal. Expect misinformation …do not ride the roller coaster.
5-22-2023 Intel Guru Frank26 I'm excited to see what's going to happen. IMO once that budget comes out it's like busting open a piñata. It's like busting open a cornucopia. We're going to have a lot of information given to us. It's very valuable in understanding where they're at with a monetary reform. Shoot, it might actually give us the new exchange rate...
5-22-2023 Newshound Guru Clare Article: "The Iraqi Stock Exchange achieves the first place in the Arab world in terms of daily trading volume and rate" Quote: "the Iraqi Stock Exchange achieved the first place as the best market in daily trading (trading volume) and the daily average number of shares traded for the year 2022"
5-22-2023 Intel Guru MarkZ [via PDK] “Budget 2023-politial consensus and parliamentary disagreement - when will it pass?” The people in Iraq want to know when the budget will pass. They want you to know they are meeting over the next few days and they are going to grind through the budgetary process. Personally I think this is all show and they have already approved it. And for whatever reason they are trying to buy a few more days before they let it go. The question is WHY? That’s the question I am asking myself.
5-22-2023 Intel Guru Frank26 Article: "Economist: The Central Bank is working on issuing new cash... and warns of a commodity catastrophe". THE NEW NATIONAL CURRENCY IN LOWER DENOMINATIONS WILL AVOID A CATASTROPHE!
5-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] This transition from USDs to IQDs in the country of Iraq can only work with a different exchange rate. The program rate is being officially removed.
5-22-2023 Guru Nader From The Mid East I'm upset. I got bad news for you guys. I'm really heart broken. It is what it is. The truth hurts. The reality is very painful. There's no rate change in the budget. There's no RV's happening tomorrow or this week with the budget. I'm sad but what do you want to do. It's life. The good news on the budget, there's no law can stop the RV...In the budget they put this law they can change the exchange rate anytime...I want to be 100% wrong believe me. I hope I'm wrong...I think it's gonna be good though. It's gonna be good. Let's see what going on...
5-22-2023 Newshound Guru Pimpy ...people trying to claim there's a in-country rate and out of country rate...there's not going to be one that's for out of country and one that's for in country. The only time you're going to see...them talk about two exchange rates are the parallel exchange rates. All that is is the difference between what the government says the exchange rate is and ...what the parallel (black market) rate is. So it's what people are willing to give you on the streets versus what the officials are willing to give you in the bank.
5-22-2023 Newshound Guru Militia Man Article: "Banknote of 50 Iraqi dinars must be printed" Right now their lowest currency is 250. This article is suggesting...a 50 or say 100...To have smaller denominations tells you there's going to be an increase in the value to the currency - to have a need for those small currencies... Article Quote "...we're in an economic crisis so we must hasten to find a solution." ...they're openly talking about small category notes. Not all of them. They just give reference to the 50 and the 100 which is a step in the right direction.
5-22-2023 Intel Guru MarkZ [via PDK] In Iraq “A special session to vote on the budget on Monday” they are working on it as we speak. I was hoping we would have had the quick rubber stamp on it by this morning…but nothing yet...We told you last week that the new rate may not be in the budget…what is important is the mechanism is in the budget to change the rate whenever they need to. Things are looking great everyone…absolutely nothing negative. Many conversations on Iraq over the weekend on lower denominations. How they need something lower than the 250 dinar note. They talk about re-establishing the 50 dinar note...Why do they need smaller notes if they have coins? It means they are preparing to change their value...
5-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are now talking on News Channel One how we need to print a note lower than the 250 notes that we have now. Something like a 50 note. They are suggesting that would in long term lower the prices of food and goods having lower denomination notes... FRANK: This is the new national currency we have been telling you about...it's going to start with the lower notes...The program rate cannot function with the lower notes but they are introducing them to you? Remember when they got rid of the 50 note a few years ago? ...They got rid of them because they were pointless at a program rate...Now they're going to give you something under the 250? ...because they're going to change the exchange rate...things are coming together very nicely...
5-22-2023 Newshound/Intel Guru Mnt Goat Article quote: “an unprecedented reconstruction campaign led by Prime Minister Muhammad Shia al-Sudani in the capital, Baghdad, in particular, and Iraq in general, stressing that the general view of Iraq now has become optimistic.” ...for years I have been saying when will they get serious about the reconstruction of the war-torn Iraq? I also said that when they do, we will then most likely see the dinar reforms we need and the reinstatement shortly following. This does not mean the reconstruction has to be completed but only budgeted and the budget passed and opened. They must show Washington they are serious this time. Iraq must be STABLE and SECURE to get the reinstatement.
5-22-2023 Intel Guru RayRen98 IS IT TIME FOR ANOTHER RATE CHANGE FOR THE DINAR? ...HMMMMMMMMM ...TIME WILL TELL...ANY DAY NOW!!!
5-22-2023 Newshound Guru Clare Article: "The Iraqi Stock Exchange achieves the first place in the Arab world in terms of daily trading volume and rate" Quote: "the Iraqi Stock Exchange achieved the first place as the best market in daily trading (trading volume) and the daily average number of shares traded for the year 2022"
5-22-2023 Intel Guru MarkZ [via PDK] “Budget 2023-politial consensus and parliamentary disagreement - when will it pass?” The people in Iraq want to know when the budget will pass. They want you to know they are meeting over the next few days and they are going to grind through the budgetary process. Personally I think this is all show and they have already approved it. And for whatever reason they are trying to buy a few more days before they let it go. The question is WHY? That’s the question I am asking myself.
5-22-2023 Intel Guru Frank26 Article: "Economist: The Central Bank is working on issuing new cash... and warns of a commodity catastrophe". THE NEW NATIONAL CURRENCY IN LOWER DENOMINATIONS WILL AVOID A CATASTROPHE!
5-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] This transition from USDs to IQDs in the country of Iraq can only work with a different exchange rate. The program rate is being officially removed.
5-22-2023 Guru Nader From The Mid East I'm upset. I got bad news for you guys. I'm really heart broken. It is what it is. The truth hurts. The reality is very painful. There's no rate change in the budget. There's no RV's happening tomorrow or this week with the budget. I'm sad but what do you want to do. It's life. The good news on the budget, there's no law can stop the RV...In the budget they put this law they can change the exchange rate anytime...I want to be 100% wrong believe me. I hope I'm wrong...I think it's gonna be good though. It's gonna be good. Let's see what going on...
5-22-2023 Newshound Guru Pimpy ...people trying to claim there's a in-country rate and out of country rate...there's not going to be one that's for out of country and one that's for in country. The only time you're going to see...them talk about two exchange rates are the parallel exchange rates. All that is is the difference between what the government says the exchange rate is and ...what the parallel (black market) rate is. So it's what people are willing to give you on the streets versus what the officials are willing to give you in the bank.
5-22-2023 Newshound Guru Militia Man Article: "Banknote of 50 Iraqi dinars must be printed" Right now their lowest currency is 250. This article is suggesting...a 50 or say 100...To have smaller denominations tells you there's going to be an increase in the value to the currency - to have a need for those small currencies... Article Quote "...we're in an economic crisis so we must hasten to find a solution." ...they're openly talking about small category notes. Not all of them. They just give reference to the 50 and the 100 which is a step in the right direction.
5-22-2023 Intel Guru MarkZ [via PDK] In Iraq “A special session to vote on the budget on Monday” they are working on it as we speak. I was hoping we would have had the quick rubber stamp on it by this morning…but nothing yet...We told you last week that the new rate may not be in the budget…what is important is the mechanism is in the budget to change the rate whenever they need to. Things are looking great everyone…absolutely nothing negative. Many conversations on Iraq over the weekend on lower denominations. How they need something lower than the 250 dinar note. They talk about re-establishing the 50 dinar note...Why do they need smaller notes if they have coins? It means they are preparing to change their value...
5-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are now talking on News Channel One how we need to print a note lower than the 250 notes that we have now. Something like a 50 note. They are suggesting that would in long term lower the prices of food and goods having lower denomination notes... FRANK: This is the new national currency we have been telling you about...it's going to start with the lower notes...The program rate cannot function with the lower notes but they are introducing them to you? Remember when they got rid of the 50 note a few years ago? ...They got rid of them because they were pointless at a program rate...Now they're going to give you something under the 250? ...because they're going to change the exchange rate...things are coming together very nicely...
5-22-2023 Newshound/Intel Guru Mnt Goat Article quote: “an unprecedented reconstruction campaign led by Prime Minister Muhammad Shia al-Sudani in the capital, Baghdad, in particular, and Iraq in general, stressing that the general view of Iraq now has become optimistic.” ...for years I have been saying when will they get serious about the reconstruction of the war-torn Iraq? I also said that when they do, we will then most likely see the dinar reforms we need and the reinstatement shortly following. This does not mean the reconstruction has to be completed but only budgeted and the budget passed and opened. They must show Washington they are serious this time. Iraq must be STABLE and SECURE to get the reinstatement.
5-22-2023 Intel Guru RayRen98 IS IT TIME FOR ANOTHER RATE CHANGE FOR THE DINAR? ...HMMMMMMMMM ...TIME WILL TELL...ANY DAY NOW!!!
5-21-2023 Newshound Guru Clare Article "For the first time... two private Iraqi banks with assets exceeding two trillion dinars, and Asiacell achieving historic profits" Quote "... Asiacell Telecom Company in Iraq achieved historical profits amounting to more than 100 billion Iraqi dinars in the first quarter of the year 2023, with a growth rate of 60%...net profit growth of Zain Iraq, to reach about 40 billion dinars in the first quarter of 2023, an increase of 800% compared to the first quarter of 2022."
5-21-2023 Intel Guru Frank26 They'll all cross the finish line together - the new exchange rate, the budget, the HCL, the new small category notes, the coins, the ATMs and bring back all the electronic cards and everything that was canceled and frozen for a few days...
5-21-2023 Newshound Guru Kaperoni Community comment: "...If it [the dinar float] starts going up two or three hundred points a day or even a week I’m gonna empty my savings buying more..." It is my opinion you won't be able to buy any physical dinar. My guess is you'll be able to deposit your dinar in a dinar denominated account through a ECM/brokerage firm and trade electronically.
5-21-2023 Intel Guru Bruce [via WiserNow] ...I believe that we are sort of waiting for Iraq to put their rate out - And they're supposed to do that Sunday...Put the new rate out and tie that in with their ATM machines that are already loaded with the lower denominations...Now when the new rate comes out Sunday, which remember, Sunday is Iraq 's first business day of the week. So when it comes out Sunday they're starting business and all the ATM machines throughout Iraq will be activated. And working with the new rates for the lower denomination notes - dinar notes that are in those machines.
5-21-2023 Guru Nader From The Mid East The rate I don't know if it's gonna change or not to the budget but they're gonna have to change the rate. They have no choice...I don't know if it's gonna float internationally. I think it's gonna go straight reinstated to $3.38, $3.45 or whatever...
5-21-2023 Intel Guru Frank26 You can go to the CBI website and you'll see that it's still the same rate. There is no float occurring externally. It's not on Forex. It's not being traded anywhere internationally. We don't see the new small category notes yet. There is no new exchange rate to take it to 1 to 1 to de-peg...
5-21-2023 Newshound Guru Sandy Ingram Article: "First robot-powered factory opens in Iraq". This is really great news for Iraq. Iraq now has its first robot powered factory...the robots are from Germany. The investment commission and economist in Iraq are happy with the investment and believe this type of investment can provide a diversified stream of income for Iraq...
5-21-2023 Newshound Guru Pimpy I would love to see Iraq change the exchange rate again - lower it. Go from 1320 per dollar and bring it down to around 1100 [Note: going down in this instance is good for dinar investors]. By doing that this allows Iraqi dinar to be stronger so when they're importing goods they get to buy more goods with their dinars. People would want more of the dinars than they would the U.S. dollar. It think it would be a good move. It's not a huge increase...they were at 1190. I'll just get it back down to 1100 and see what happens from there...
5-21-2023 Newshound Guru Clare Article: "Saleh: The insurance law allows employees to transfer to the private sector with all their pension rights" Quote: "...the approval of the Social Security and Retirement Law for Workers...has become one of the most important pillars of building the social market in Iraq, pointing out that the law will allow state employees to transfer their full pension rights to the private sector and vice versa..."
5-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us on TV that the new social security law and the retirement law will be activated. It'll be activated after 90 of these laws are published in our Gazette... FRANK: Even those two things are being adjusted with a new exchange rate IMO...
5-21-2023 Newshound/Intel Guru Mnt Goat ...we can slowly see the fourth package of currency reforms being rolled out and long-term effects of it. This is simple economics 101 folks. Create a demand and the price of the item increases. This time we are talking RATE, the rate of the dinar. So, create the demand and people will pay what they need to pay for it. The CBI has already established a fair official rate of 1320 dinars per the dollar. They are now telling us they have matched the parallel market...Remember the value has been in the dinar all along. The value is based on assets and so when will the final global rate match the true value of the dinar? We wait for this day and its coming VERY SOON!
5-21-2023 Intel Guru Frank26 They'll all cross the finish line together - the new exchange rate, the budget, the HCL, the new small category notes, the coins, the ATMs and bring back all the electronic cards and everything that was canceled and frozen for a few days...
5-21-2023 Newshound Guru Kaperoni Community comment: "...If it [the dinar float] starts going up two or three hundred points a day or even a week I’m gonna empty my savings buying more..." It is my opinion you won't be able to buy any physical dinar. My guess is you'll be able to deposit your dinar in a dinar denominated account through a ECM/brokerage firm and trade electronically.
5-21-2023 Intel Guru Bruce [via WiserNow] ...I believe that we are sort of waiting for Iraq to put their rate out - And they're supposed to do that Sunday...Put the new rate out and tie that in with their ATM machines that are already loaded with the lower denominations...Now when the new rate comes out Sunday, which remember, Sunday is Iraq 's first business day of the week. So when it comes out Sunday they're starting business and all the ATM machines throughout Iraq will be activated. And working with the new rates for the lower denomination notes - dinar notes that are in those machines.
5-21-2023 Guru Nader From The Mid East The rate I don't know if it's gonna change or not to the budget but they're gonna have to change the rate. They have no choice...I don't know if it's gonna float internationally. I think it's gonna go straight reinstated to $3.38, $3.45 or whatever...
5-21-2023 Intel Guru Frank26 You can go to the CBI website and you'll see that it's still the same rate. There is no float occurring externally. It's not on Forex. It's not being traded anywhere internationally. We don't see the new small category notes yet. There is no new exchange rate to take it to 1 to 1 to de-peg...
5-21-2023 Newshound Guru Sandy Ingram Article: "First robot-powered factory opens in Iraq". This is really great news for Iraq. Iraq now has its first robot powered factory...the robots are from Germany. The investment commission and economist in Iraq are happy with the investment and believe this type of investment can provide a diversified stream of income for Iraq...
5-21-2023 Newshound Guru Pimpy I would love to see Iraq change the exchange rate again - lower it. Go from 1320 per dollar and bring it down to around 1100 [Note: going down in this instance is good for dinar investors]. By doing that this allows Iraqi dinar to be stronger so when they're importing goods they get to buy more goods with their dinars. People would want more of the dinars than they would the U.S. dollar. It think it would be a good move. It's not a huge increase...they were at 1190. I'll just get it back down to 1100 and see what happens from there...
5-21-2023 Newshound Guru Clare Article: "Saleh: The insurance law allows employees to transfer to the private sector with all their pension rights" Quote: "...the approval of the Social Security and Retirement Law for Workers...has become one of the most important pillars of building the social market in Iraq, pointing out that the law will allow state employees to transfer their full pension rights to the private sector and vice versa..."
5-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us on TV that the new social security law and the retirement law will be activated. It'll be activated after 90 of these laws are published in our Gazette... FRANK: Even those two things are being adjusted with a new exchange rate IMO...
5-21-2023 Newshound/Intel Guru Mnt Goat ...we can slowly see the fourth package of currency reforms being rolled out and long-term effects of it. This is simple economics 101 folks. Create a demand and the price of the item increases. This time we are talking RATE, the rate of the dinar. So, create the demand and people will pay what they need to pay for it. The CBI has already established a fair official rate of 1320 dinars per the dollar. They are now telling us they have matched the parallel market...Remember the value has been in the dinar all along. The value is based on assets and so when will the final global rate match the true value of the dinar? We wait for this day and its coming VERY SOON!
5-20-2023 Newshound Guru Clare Article: "The opening of the first factory in Iraq that works with robots with international specifications" Quote: "...announced the opening of the first factory operating with robots for the production of high-performance adhesives and fluids in the construction industry,"
5-20-2023 Intel Guru MarkZ [via PDK] Redemption center folks are still on call…and on stand-by. I am hoping and praying we are about to cross the finish line.
5-20-2023 Intel Guru Frank26 Articles about worldwide leaders, their investments in Iraq, their economic explosion. Only because of the success of the monetary reform...An article came out and said they have a quantum leap in their economic growth in Iraq. Only because of the quantum monetary reform. They say, follow the money, well in this case...follow the logic. All the things that you're seeing cannot be done at a program rate...they're constantly showing the world look what we have. Now they need to show the citizens look what you have too. And it's coming.
5-20-2023 Newshound Guru CharlieOK .47 for the dong in 2023 is a joke. It was worth $2 plus in the 1950's. The economy of VN then and now are light years apart.
5-20-2023 Newshound Guru Henig Article: "Vietnamese đồng one of most stable currencies in Asia: Experts" Quote: "Experts from VNDirect forecast that Việt Nam's foreign exchange reserves will recover to reach $102 billion by the end of this year."
5-20-2023 Newshound Guru Militia Man The parallel market prompted the government to impose dealings in dinars by force by taking legal ramifications. In other words anybody that's out there now using dollars to do trade is going to be considered a problem.
5-20-2023 Newshound Guru Deepwoodz Some have said... “How can Iraq afford to come out with such a high exchange rate of 3+ ? How can they afford to pay out to all the other holders of dinars in the world and stay wealthy?” That answer is simple and also explains how their budget can be so big. They don’t actually “pay” it out. The world is in agreement ie..the IMF, the World Bank, and all the other countries who hold dinar, that their currency should be 3+. Who holds the most dinar, soon the most valuable currency in the world? IRAQ DOES.
5-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been told for weeks that the budget will be approved with no problem but they keep backing it up and it seems to be something big is up. We knowing about the HCL is part of the budget so we know it's not going to be like other budgets. We know we're going to be getting ours as well. Something is happening... FRANK: Yeah! It's kind of like the tremors just before the major eruption of the volcano.
5-20-2023 Newshound Guru Clare Article: "Korean parliamentary delegation: Iraq today is more secure, stable and prosperous..and we will recommend to the government to lift the travel ban to it"
5-20-2023 Intel Guru MarkZ [via PDK] “Parliamentary Finance completes voting on the paragraphs of the budget law” They are passing and approving sections of the budget law before the pass the whole thing-which I am being told is still expected tomorrow.. Mostly theatre right now imo…they told us we would see this over the weekend and we are indeed seeing it. Expectations are for an early vote tomorrow to officially pass the budget. We are hopeful with the HCL in the budget that we will quickly see a rate change . There is a mechanism in the budget to quickly adjust the value. This is a very important thing that tells us they are planning to change the value.
5-20-2023 Newshound Guru Pimpy A floating exchange rate is a type of exchange rate regime wherein a country's value is allowed to freely fluctuate according to the Foreign Exchange Market...Iraq is not allowed to play with the big boys - not yet...Until Forex recognizes Iraqi dinar...they're not going to be a floating exchange rate...a Pegged exchange rate system is a currency system in which governments try to maintain their currency value consistent against a specific currency...The Iraqi dinar is pegged to the US dollar. So it's fixed...A dirty float is when...it will freely fluctuate but if it gets out of whack the government interferes... [Post 2 of 2]
5-20-2023 Newshound Guru Pimpy People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean? ..Iraq is a fixed (pegged) currency. It's not a float. It's not a dirty float. It's not floating at all...It's 1320 dinar for every 1 US dollar. They're pegged to the U.S. dollar...It's not floating in country. It's not floating out of country. There's no two exchange rates. Let's go through what these are... [Post 1 of 2....stay tuned]
5-20-2023 Intel Guru Frank26 The budget they say they will supposedly have it done by Saturday. Now they're saying well maybe the early part of next week. I don't care. I sincerely do not because the new exchange rate does not wait for anything. The budget waits for the new exchange rate. Why isn't the new exchange rate out?
5-20-2023 Intel Guru yada A lot of moving parts that are coordinated. The budget is to be voted on tomorrow [Saturday]. The rate release almost simultaneously, and the debit and credit cards were shut down on Thursday for a couple of days and many believe to readjust the rate with the CBI...
5-20-2023 Intel Guru MarkZ [via PDK] Article: “Iraq builds social security system to protect workers” They are building long term infrastructure. They are behaving as if they were 100% ready to go. The latest I am hearing in Iraq they expect the budget announcement on Sunday now. I am still of the belief that it is done. My redemption center folks are on call this weekend on a “shortened” call in time. They are negotiating each contract with contractors separately right now and rates are fluctuating. To me this means we are in a float. Because of what contractors are telling me – I know we are close... We have never, ever been this close before...My contacts in Iraq have a lot of expectations for this weekend.
5-20-2023 Intel Guru MarkZ [via PDK] Redemption center folks are still on call…and on stand-by. I am hoping and praying we are about to cross the finish line.
5-20-2023 Intel Guru Frank26 Articles about worldwide leaders, their investments in Iraq, their economic explosion. Only because of the success of the monetary reform...An article came out and said they have a quantum leap in their economic growth in Iraq. Only because of the quantum monetary reform. They say, follow the money, well in this case...follow the logic. All the things that you're seeing cannot be done at a program rate...they're constantly showing the world look what we have. Now they need to show the citizens look what you have too. And it's coming.
5-20-2023 Newshound Guru CharlieOK .47 for the dong in 2023 is a joke. It was worth $2 plus in the 1950's. The economy of VN then and now are light years apart.
5-20-2023 Newshound Guru Henig Article: "Vietnamese đồng one of most stable currencies in Asia: Experts" Quote: "Experts from VNDirect forecast that Việt Nam's foreign exchange reserves will recover to reach $102 billion by the end of this year."
5-20-2023 Newshound Guru Militia Man The parallel market prompted the government to impose dealings in dinars by force by taking legal ramifications. In other words anybody that's out there now using dollars to do trade is going to be considered a problem.
5-20-2023 Newshound Guru Deepwoodz Some have said... “How can Iraq afford to come out with such a high exchange rate of 3+ ? How can they afford to pay out to all the other holders of dinars in the world and stay wealthy?” That answer is simple and also explains how their budget can be so big. They don’t actually “pay” it out. The world is in agreement ie..the IMF, the World Bank, and all the other countries who hold dinar, that their currency should be 3+. Who holds the most dinar, soon the most valuable currency in the world? IRAQ DOES.
5-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been told for weeks that the budget will be approved with no problem but they keep backing it up and it seems to be something big is up. We knowing about the HCL is part of the budget so we know it's not going to be like other budgets. We know we're going to be getting ours as well. Something is happening... FRANK: Yeah! It's kind of like the tremors just before the major eruption of the volcano.
5-20-2023 Newshound Guru Clare Article: "Korean parliamentary delegation: Iraq today is more secure, stable and prosperous..and we will recommend to the government to lift the travel ban to it"
5-20-2023 Intel Guru MarkZ [via PDK] “Parliamentary Finance completes voting on the paragraphs of the budget law” They are passing and approving sections of the budget law before the pass the whole thing-which I am being told is still expected tomorrow.. Mostly theatre right now imo…they told us we would see this over the weekend and we are indeed seeing it. Expectations are for an early vote tomorrow to officially pass the budget. We are hopeful with the HCL in the budget that we will quickly see a rate change . There is a mechanism in the budget to quickly adjust the value. This is a very important thing that tells us they are planning to change the value.
5-20-2023 Newshound Guru Pimpy A floating exchange rate is a type of exchange rate regime wherein a country's value is allowed to freely fluctuate according to the Foreign Exchange Market...Iraq is not allowed to play with the big boys - not yet...Until Forex recognizes Iraqi dinar...they're not going to be a floating exchange rate...a Pegged exchange rate system is a currency system in which governments try to maintain their currency value consistent against a specific currency...The Iraqi dinar is pegged to the US dollar. So it's fixed...A dirty float is when...it will freely fluctuate but if it gets out of whack the government interferes... [Post 2 of 2]
5-20-2023 Newshound Guru Pimpy People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean? ..Iraq is a fixed (pegged) currency. It's not a float. It's not a dirty float. It's not floating at all...It's 1320 dinar for every 1 US dollar. They're pegged to the U.S. dollar...It's not floating in country. It's not floating out of country. There's no two exchange rates. Let's go through what these are... [Post 1 of 2....stay tuned]
5-20-2023 Intel Guru Frank26 The budget they say they will supposedly have it done by Saturday. Now they're saying well maybe the early part of next week. I don't care. I sincerely do not because the new exchange rate does not wait for anything. The budget waits for the new exchange rate. Why isn't the new exchange rate out?
5-20-2023 Intel Guru yada A lot of moving parts that are coordinated. The budget is to be voted on tomorrow [Saturday]. The rate release almost simultaneously, and the debit and credit cards were shut down on Thursday for a couple of days and many believe to readjust the rate with the CBI...
5-20-2023 Intel Guru MarkZ [via PDK] Article: “Iraq builds social security system to protect workers” They are building long term infrastructure. They are behaving as if they were 100% ready to go. The latest I am hearing in Iraq they expect the budget announcement on Sunday now. I am still of the belief that it is done. My redemption center folks are on call this weekend on a “shortened” call in time. They are negotiating each contract with contractors separately right now and rates are fluctuating. To me this means we are in a float. Because of what contractors are telling me – I know we are close... We have never, ever been this close before...My contacts in Iraq have a lot of expectations for this weekend.
5-19-2023 Newshound Guru Pimpy I like the fact that Iraq is pushing more and more for the citizens to solely use the Iraqi dinar...That will allow the Iraqi dinar to strengthen and you're going to start seeing little by little increases in the value of the Iraqi dinar. It's going to be in increments. As much as I would love, just like everybody else, to see this huge change in the dinar value overnight, that's not going to happen. Everything is being done at a very deliberate pace. I'm excited about it. There are some great things happening in Iraq....
5-19-2023 Intel Guru Bruce [via WiserNow] ...on Saturday, is what they're calling exposure of the 2023 budget for Iraq...Now, will that make the Gazette on Saturday – printed version? It could - I don't know. I don't know if they're gonna put the whole budget in it or not, but the budget is supposed to be exposed on Saturday, so big weekend, right now, for Iraq.
5-19-2023 Intel Guru Frank26 I've told you a billion times, the exchange rate waits for nobody, for nothing. The budget waits for the exchange rate... The budget is ready to come out, now you're telling the Iraqi citizens you can't use your cards, the American dollar? We certainly can't use the worthless 3-zero notes either...you tell us that the budget is coming out, you tell us we're going to get our money from the HCL, you're telling us that there's going to be a new exchange rate for lower notes that you're going to be give us...well give me! ...this is perfect timing.
5-19-2023 Intel Guru MarkZ [via PDK] Member comment: "[Guru] Frank26 said... [See Guru Frank26 Firefly report Post below] that the electronic payment system in Iraq was suspended for 2 days. Including KYC cards, electronic payment cards , Visa, Masterccard due to upcoming CBI electronic payment changes." MarkZ: ...I think it’s an excellent sign that we are daggone close.
5-19-2023 Intel Guru Bruce [via WiserNow] I think we are finally at the end and we should be getting some notifications. I don't know that I sweat Saturday or even Sunday. But it's conceivable to come out over the weekend or Monday...But I think by the by Tuesday of next week you should be smiling...
5-19-2023 Newshound/Intel Guru Walkingstick Article: "For the first time in Iraq...planning to stable a 'huge' financial center in a southern governorate" This is talking about Iraq becoming a financial center and economic hub in the Middle East and around the world. This article talks about world banks pouring into the CBI/Iraq.
5-19-2023 Newshound Guru Militia Man They talked about the exchange rate changing to an another official exchange rate potentially because of the approval of the budget. They've approved it so far but they haven't voted on it...
5-19-2023 Newshound Guru Pimpy There's something going on with the exchange rate...I would love to see the Iraqi dinar increase in value slightly. I don't think it's a big move but there is talk about it. We'll see what happens...
5-19-2023 Intel Guru MarkZ [via PDK] There are meetings going on with the UN in Iraq as they talk about all the changes as they are looking to change their values....I am hearing phenomenal things about the weekend. Hearing phenomenal things about the possibility of an announcement in Iraq tomorrow. Stay calm...We are all praying its accurate this time. Everything continues to be very positive.
5-19-2023 Guru Nader From The Mid East Today it seems weird. They stopped all electronic transaction in Iraq. They stopped them all and we don't know why.
5-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All of our cards like MasterCard and Visa card and key cards...are suspended all of a sudden...they're saying due to changes in the CBI. Something is going on. And they say they'll be back up in a couple of days...This is all falling together nicely and it seems to be for this weekend. FRANK: If they have reached the budget...and they're going to come out this weekend with it, then it makes sense doesn't it that everything else now has to freeze for the budget to come out with a new exchange rate that will be calculated into your cards, loans, accounts, daily life, your new lower denominated notes...let's see what happens...
5-19-2023 Newshound/Intel Guru Mnt Goat ...Yes, they did vote on many provisions of the budget...Wednesday but did not complete it. The committee is now meeting to vote on its paragraphs and will be completed within the next few days. ...the committee has reached the final stages of resolving the general budget law and we can expect it very soon. Remember also this would be something that Iraq has never done before. First of all a three year budget and second actually open it officially for projects to reconstruct their country. WOW!
5-19-2023 Intel Guru Bruce [via WiserNow] ...on Saturday, is what they're calling exposure of the 2023 budget for Iraq...Now, will that make the Gazette on Saturday – printed version? It could - I don't know. I don't know if they're gonna put the whole budget in it or not, but the budget is supposed to be exposed on Saturday, so big weekend, right now, for Iraq.
5-19-2023 Intel Guru Frank26 I've told you a billion times, the exchange rate waits for nobody, for nothing. The budget waits for the exchange rate... The budget is ready to come out, now you're telling the Iraqi citizens you can't use your cards, the American dollar? We certainly can't use the worthless 3-zero notes either...you tell us that the budget is coming out, you tell us we're going to get our money from the HCL, you're telling us that there's going to be a new exchange rate for lower notes that you're going to be give us...well give me! ...this is perfect timing.
5-19-2023 Intel Guru MarkZ [via PDK] Member comment: "[Guru] Frank26 said... [See Guru Frank26 Firefly report Post below] that the electronic payment system in Iraq was suspended for 2 days. Including KYC cards, electronic payment cards , Visa, Masterccard due to upcoming CBI electronic payment changes." MarkZ: ...I think it’s an excellent sign that we are daggone close.
5-19-2023 Intel Guru Bruce [via WiserNow] I think we are finally at the end and we should be getting some notifications. I don't know that I sweat Saturday or even Sunday. But it's conceivable to come out over the weekend or Monday...But I think by the by Tuesday of next week you should be smiling...
5-19-2023 Newshound/Intel Guru Walkingstick Article: "For the first time in Iraq...planning to stable a 'huge' financial center in a southern governorate" This is talking about Iraq becoming a financial center and economic hub in the Middle East and around the world. This article talks about world banks pouring into the CBI/Iraq.
5-19-2023 Newshound Guru Militia Man They talked about the exchange rate changing to an another official exchange rate potentially because of the approval of the budget. They've approved it so far but they haven't voted on it...
5-19-2023 Newshound Guru Pimpy There's something going on with the exchange rate...I would love to see the Iraqi dinar increase in value slightly. I don't think it's a big move but there is talk about it. We'll see what happens...
5-19-2023 Intel Guru MarkZ [via PDK] There are meetings going on with the UN in Iraq as they talk about all the changes as they are looking to change their values....I am hearing phenomenal things about the weekend. Hearing phenomenal things about the possibility of an announcement in Iraq tomorrow. Stay calm...We are all praying its accurate this time. Everything continues to be very positive.
5-19-2023 Guru Nader From The Mid East Today it seems weird. They stopped all electronic transaction in Iraq. They stopped them all and we don't know why.
5-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All of our cards like MasterCard and Visa card and key cards...are suspended all of a sudden...they're saying due to changes in the CBI. Something is going on. And they say they'll be back up in a couple of days...This is all falling together nicely and it seems to be for this weekend. FRANK: If they have reached the budget...and they're going to come out this weekend with it, then it makes sense doesn't it that everything else now has to freeze for the budget to come out with a new exchange rate that will be calculated into your cards, loans, accounts, daily life, your new lower denominated notes...let's see what happens...
5-19-2023 Newshound/Intel Guru Mnt Goat ...Yes, they did vote on many provisions of the budget...Wednesday but did not complete it. The committee is now meeting to vote on its paragraphs and will be completed within the next few days. ...the committee has reached the final stages of resolving the general budget law and we can expect it very soon. Remember also this would be something that Iraq has never done before. First of all a three year budget and second actually open it officially for projects to reconstruct their country. WOW!
5-18-2023 Newshound Guru Pimpy Article: "Iraq and America discuss prospects for bilateral cooperation in the field of oil and energy" Of course we like to hear this...This is where the United States has Iraq by the short and fuzzies...the United States still controls a lot of what Iraq has including the Development Fund which is part of that executive order 13303.
5-18-2023 Intel Guru Frank26 IMO in these last few days of the budget being finalized they are reformulating the budget for the new exchange rate.
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5-18-2023 Intel Guru MarkZ [via PDK] Bankers are prepared for it to go anywhere from this evening to Monday morning. They are very excited.
5-18-2023 Newshound Guru Clare Article: "The European Bank for "Reconstruction and Development" is expanding in Iraq " Quote: "The European Bank for Reconstruction and Development announced, on Thursday, the shareholders' approval of the bank's expansion in Iraq and Africa, while confirming a study of a proposal to increase the capital by between three and five billion euros."
5-18-2023 Newshound Guru Militia Man Parliament is likely to vote on the budget law next Saturday. We heard that they were going to possibly do this on the 10th. Then they said they possibly do it on the 17th and then...they moved it to Saturday...the 2023-34 budget is like a chess piece. They're moving them back and forth back and forth - why? Because they're waiting on something...an exchange rate change. That's what I believe is happening.
5-18-2023 Newshound Guru Breitling Question: "Have you seen the Iraqi Parliament take any more action steps that you thought would be required before they actually have an RV?" No. They've done everything they need to do. They did that about a year and a half ago. There is nothing, no laws they can pass, all their banking restricting them, being compliant to the IMF, they're 100% compliant. So it's whenever they want to do it. Literally someone can wake up and hit the switch. That's it. There is no more policy [needed].
5-18-2023 Intel Guru Frank26 Article: "Temporarily suspending international financial transactions for MasterCard cards" A PAUSE TO RESUME WITH A DIFFERENT EXCHANGE RATE.
5-18-2023 Newshound Guru Kaperoni There's been a lot of talk and a lot of decisions lately to encourage investment. Parliament still hasn't passed any significant legislation including the budget, stalled laws, etc...There are improvements going on in Iraq in they are making progress towards diversifying their economy but all of these steps take time. Hopefully things will continue to improve over the next year or so.
5-18-2023 Guru Nader From The Mid East We're waiting for the US Treasury for what they're gonna say, what they're gonna do. It's their decision now. Everything has been done by the book. The dollar has been banned... Now everybody can buy dollars now only if you need them.
5-18-2023 Newshound Guru Pimpy Iraq is starting to...stop being a dual currency country. In other words you can't use both US dollars and the dinar. They want to go down to where people can only use the dinar...This...reduces people wanting to go into the black market because the penalties can be very severe...if you want to protect your currency just deal with the Iraqi dinar. It'll grow in value. It'll grow in strength as people exclusively us the dinar. Think supply and demand.
5-18-2023 Intel Guru Frank26 I know we were looking for Tuesday or Wednesday for the budget to be completed and it should have been but look it's the Middle East. You already know nothing happens quickly in the Middle East. That's just the way it goes. That's a fact of the Middle East...Don't get frustrated. Don't get angry about it. Remove the frustration and replace it with a focus of the truth, the truth that they are telling the citizens what is about to happen with their currency, with their monetary reform.
5-18-2023 Newshound Guru Clare Article: "The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains" Quote: "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days."
5-18-2023 Newshound/Intel Guru Mnt Goat I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign Currency Exchange) by June or about. There are no obstacles. They must have a budget passed and in place. Also they must have agreements for the oil and gas law... we may be in the window to finally see this RV to the end... We will just have to sit tight and wait this one out.
5-18-2023 Intel Guru MarkZ [via PDK] “CBI sells +$216 million in forex on Monday” This just means they sucked a tremendous amount of dinar off the streets. From foreign people trading things and buying things. $216 million in USD is $281 Billion in Iraqi dinar that was pulled off the streets. We are watching them do everything they need to do to increase the value of the dinar…they are preparing for it.
5-17-2023 Newshound Guru Pimpy It's the same gibberish going on out there. How many millions of different times can you say that we're just waiting for the budget to be approved?
5-17-2023 Intel Guru Frank26 When you see all the things they're doing you can't help but scratch your head, how? Your currency is worth nine tenths of a penny compared to the American dollar. How? ...These next few days when they open up the budget it's going to open up a new chapter.
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5-17-2023 Newshound Guru Clare Article: "Al-Rafidain directs the collection of taxes and customs fees in Iraqi dinars" Quote: "Al-Rafidain Bank directed its branches at the border crossings to collect taxes and customs fees in Iraqi dinars instead of dollars...The bank also decided that the receipt of the stamp fee will be in Iraqi dinars, noting that this step is in support of the national economy and strengthening the currency of the Iraqi dinar."
5-17-2023 Intel Guru MarkZ [via PDK] No news from bankers...They are being leaned on to be exceptionally quiet. They did have expectations for yesterday and this morning…they feel like they are on a minute by minute watch. Even my redemption center contacts are watching minute to minute right now. I hope it is accurate and really that close.
5-17-2023 Newshound/Intel Guru Walkingstick [Response to Frank26's FIREFLY HCL in the budget report below] Not at a program rate. It will not work with the accounting. The knowledge of the HCL in the budget is not a clue or a hint about a new exchange rate, it is a fact of the monetary reform education to the citizens.
5-17-2023 Newshound Guru Deepwoodz When Iraq initially changed the rate to 1310, it showed up for the first time internationally March 28. At least on the two boards I can see. From that point, it would be 1310 for a day or two then back to 1460 for two or three days and then repeat that cycle until May 2. May 2 it was 1460 and changed to 1311 on May 3. Wednesday May 3 to now…. it has flatlined at approximately 1310. I think this could be considered stable. Next step please!
5-17-2023 Newshound Guru Pimpy Yes, I heard there's an extension to executive order 13303 and everybody's losing their mind. 'This must mean something. What is it Pimpy? Has something to do with the dinar.' ... No it doesn't say anything about the currency...the executive order that was signed that everybody keeps talking about it allows you to invest in the country...it's the American's way of protecting the money that has been generated from oil and gas revenues over in Iraq...
5-17-2023 Intel Guru Frank26 Article: "Iraqis banned from trading in US dollar" They banned the American dollar. They can't use any foreign currency inside of Iraq. What does that tell you? They're preparing to introduce their new national currency paper along with a new exchange rate to match it. They're called lower denominations.
5-17-2023 Newshound Guru Sandy Ingram Article: "The governor of the Central Bank comments on the recent rise in the dollar exchange rate" He pointed out that those who go to buy dollar from he black market...may experience problems in the transactions they make. It sounds as if Iraq got the message loud and clear from the United States...We do not know how this will affect the exchange rate in the future...
5-17-2023 Intel Guru MarkZ [via PDK] What we are seeing and what people on the streets over there are telling me (people that live there and work there) is that they are seeing a very wide floating range...1100-1150 is what many are insisting on. Even contractors who get paid from one day to the next are having to renegotiate their rate because it is constantly changing. It is floating, changing and moving. Is it officially on a float…according to the CBI - no. But according to people on the streets who are experiencing the float - yes.
5-17-2023 Newshound Guru Pimpy Article: "Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform" What the cash reserves do, it allows them to flood the market with a competing currency therefore driving down the exchange rate slightly [NOTE: Down in this instance is good for dinar investors] . In this case Iraq's parallel Market, people were given up quite a bit of dinar to get the U.S. dollar. And what that does is affect the official rate.
5-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about how the oil and gas laws are in the budget. FRANK26: Wow HCL! No wonder you're not using the dollar.
5-17-2023 Intel Guru MarkZ [via PDK] “Iraqi stock exchange achieves the first place in the Arab world in the volumn and rate of daily trading.” This is huge. Iraq is positioning itself to be the cultural hub of the middle east. Unseating Saudi Arabia, Qutar and the entire region...this tells us where Iraq is heading in terms of a valuable currency.
5-17-2023 Newshound/Intel Guru RVAlready It would now seem the RV is in the hands of the CBI, and no longer waiting on anything from parliament. Hopefully, we will see an RI/RV release soon!!!
5-16-2023 Newshound Guru Clare Article: "Campaign to support the Iraqi dinar" launched in Diyala" Quote: "...the Organized Crime Director announced the implementation of a major campaign, in cooperation with the Diyala Police, to deal in dinars instead of dollars."
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "POLITICAL AGREEMENT TO PASS THE BUDGET LAW IN THE NEXT FEW DAYS" Quote: "...most of the political forces, finally agreed to pass the budget law this week without putting any obstacles.” They are aiming to take a vote on May 17th tomorrow.
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5-16-2023 Intel Guru Frank26 Article: "The government eliminates the hopes of speculators with its new procedures regarding the circulation of the dollar". THE CBI SAYS THE AMERICAN DOLLAR IS NO LONGER WELCOME IN IRAQ!!! BECAUSE THEY NOW HAVE THEIR OWN NATIONAL CURRENCY TO BE INTRODUCED, THANK YOU FOR THE MARSHALL PLAN.
5-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's all being set up to eventually say to the American dollar bye-bye. Everything you're seeing right now is doing exactly that. They are pegged to the American dollar, then supply and demand will determine the rate based on the tight bands of + - 2% compliance.
5-16-2023 Newshound Guru Sandy Ingram Article: "Iraqis banned from dealing in US dollars" Quote: "Government warns of punishments as it tries to control currency crisis that has let to price rise...the surprise announcement ...reflects an attempt to close the gap between the official exchange rate and that on the black market..."
5-16-2023 Newshound Guru Militia Man I believe we are watching Iraq go international.
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my bank friend. He said in his opinion we should see a rate just prior to the budget being opened...it make more sense he said to do it before or when they open it. Either way it's coming to us. FRANK: Yes it's coming. The problem is we don't know exactly when. The timing will bring you the [lower] notes and the new exchange rate when it's proper. It looks like it's very soon...IMO he is absolutely correct. Either before or during or after. The key is it's coming!
5-16-2023 Intel Guru RayRen98 Multiple sources are excited TODAY and are expecting to see something happen...very soon!
5-16-2023 Newshound Guru Pimpy The representatives have accomplished their second reading of the federal budget and it looks like they're going to do a vote on the budget sometime around the middle of next week or so...if they continue to delay the vote on the budget it's going to make this particular government look bad...will it get passed? You hope, the sooner the better because there's a lot of projects out there that are waiting for funding. If they can get these projects going IMO you'd be looking at some great growth economically over in Iraq...
5-16-2023 Intel Guru MarkZ [via PDK] There is no turning this monkey back…It is out in the jungle and swinging around the world with new rates…so watch it... It is exciting news…we just do not know timing yet. But we do know-according to every single one of my sources that –the float has occurred and we are simply waiting for the process to lock in our much preferred new rates. I am exceptionally excited. We don’t know exactly how it will roll out…we just know it is now rolling out. No more holding it back…it’s now out of the gate. There are rumors running around that I have not been able to substantiate yet…that this float within the next 2 days or so is projected to reach $1.61. That’s what some of my contracting sources think. [post 2 of 2]
5-16-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Nader says the float has begun. MarkZ: Yes...and I am hearing it from multiple sources. And my contractors on the ground in Iraq also agree. I am hearing similar things from almost all my Iraqi sources that a float has commenced. One of my key intel people shared that what they believe we will see next is a few days of roller coaster style adjustments in foreign currency rates and then we will see the rate lock in for announcements and notifications. There was a a lot of conjecture early on that they would do it exactly this way…a float within country …then lock in…then BAM. As I understand it- that is the process right now. [post 1 of 2....stay tuned]
5-16-2023 Newshound Guru Clare Article: "Iraqis banned from trading in US dollar" Quote: "The Iraqi Ministry of Interior issued a ban...prohibiting traders and civilians from conducting business in the United States (US) dollar,"
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say now we are banned from using dollar here and we will be held accountable if used dollar in any way.
5-16-2023 Guru Nader From The Mid East Something is happening this morning. The float has been started guys. It's floated and we see what's going on. For now everything is calm. Nothing is coming out. The budget will come out this week. Tomorrow I hope...they're gonna announce it. So get ready for everything...I want to say congratulations but not yet. Don't get all excited. Keep grounded and just wait...
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY" Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going along with the goals of the Coordination Framework. Instead he realizes Iraq must progress forward and it is time. But these Framework politicians in Parliament are holding back and trying to delay once again...But we will see very soon what happens as June 1st is very near.
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "POLITICAL AGREEMENT TO PASS THE BUDGET LAW IN THE NEXT FEW DAYS" Quote: "...most of the political forces, finally agreed to pass the budget law this week without putting any obstacles.” They are aiming to take a vote on May 17th tomorrow.
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5-16-2023 Intel Guru Frank26 Article: "The government eliminates the hopes of speculators with its new procedures regarding the circulation of the dollar". THE CBI SAYS THE AMERICAN DOLLAR IS NO LONGER WELCOME IN IRAQ!!! BECAUSE THEY NOW HAVE THEIR OWN NATIONAL CURRENCY TO BE INTRODUCED, THANK YOU FOR THE MARSHALL PLAN.
5-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's all being set up to eventually say to the American dollar bye-bye. Everything you're seeing right now is doing exactly that. They are pegged to the American dollar, then supply and demand will determine the rate based on the tight bands of + - 2% compliance.
5-16-2023 Newshound Guru Sandy Ingram Article: "Iraqis banned from dealing in US dollars" Quote: "Government warns of punishments as it tries to control currency crisis that has let to price rise...the surprise announcement ...reflects an attempt to close the gap between the official exchange rate and that on the black market..."
5-16-2023 Newshound Guru Militia Man I believe we are watching Iraq go international.
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my bank friend. He said in his opinion we should see a rate just prior to the budget being opened...it make more sense he said to do it before or when they open it. Either way it's coming to us. FRANK: Yes it's coming. The problem is we don't know exactly when. The timing will bring you the [lower] notes and the new exchange rate when it's proper. It looks like it's very soon...IMO he is absolutely correct. Either before or during or after. The key is it's coming!
5-16-2023 Intel Guru RayRen98 Multiple sources are excited TODAY and are expecting to see something happen...very soon!
5-16-2023 Newshound Guru Pimpy The representatives have accomplished their second reading of the federal budget and it looks like they're going to do a vote on the budget sometime around the middle of next week or so...if they continue to delay the vote on the budget it's going to make this particular government look bad...will it get passed? You hope, the sooner the better because there's a lot of projects out there that are waiting for funding. If they can get these projects going IMO you'd be looking at some great growth economically over in Iraq...
5-16-2023 Intel Guru MarkZ [via PDK] There is no turning this monkey back…It is out in the jungle and swinging around the world with new rates…so watch it... It is exciting news…we just do not know timing yet. But we do know-according to every single one of my sources that –the float has occurred and we are simply waiting for the process to lock in our much preferred new rates. I am exceptionally excited. We don’t know exactly how it will roll out…we just know it is now rolling out. No more holding it back…it’s now out of the gate. There are rumors running around that I have not been able to substantiate yet…that this float within the next 2 days or so is projected to reach $1.61. That’s what some of my contracting sources think. [post 2 of 2]
5-16-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Nader says the float has begun. MarkZ: Yes...and I am hearing it from multiple sources. And my contractors on the ground in Iraq also agree. I am hearing similar things from almost all my Iraqi sources that a float has commenced. One of my key intel people shared that what they believe we will see next is a few days of roller coaster style adjustments in foreign currency rates and then we will see the rate lock in for announcements and notifications. There was a a lot of conjecture early on that they would do it exactly this way…a float within country …then lock in…then BAM. As I understand it- that is the process right now. [post 1 of 2....stay tuned]
5-16-2023 Newshound Guru Clare Article: "Iraqis banned from trading in US dollar" Quote: "The Iraqi Ministry of Interior issued a ban...prohibiting traders and civilians from conducting business in the United States (US) dollar,"
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say now we are banned from using dollar here and we will be held accountable if used dollar in any way.
5-16-2023 Guru Nader From The Mid East Something is happening this morning. The float has been started guys. It's floated and we see what's going on. For now everything is calm. Nothing is coming out. The budget will come out this week. Tomorrow I hope...they're gonna announce it. So get ready for everything...I want to say congratulations but not yet. Don't get all excited. Keep grounded and just wait...
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY" Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going along with the goals of the Coordination Framework. Instead he realizes Iraq must progress forward and it is time. But these Framework politicians in Parliament are holding back and trying to delay once again...But we will see very soon what happens as June 1st is very near.
5-15-2023 Newshound Guru Clare Article: "For the first time in 15 years, the dinar devours 30% of the (dollarized) car market in Iraq" Quote: "the return to the dinar will weaken the demand for buying dollars from the parallel market by up to 20%, which means reducing the demand for buying them and blocking the way for repeated speculation to raise prices and reap profits by some."
5-15-2023 Intel Guru MarkZ [via PDK] There is still good news coming from Iraq. Articles on banning the US dollar to finish the de-dollarization. This is important. When they pull the trigger they don’t want Iraqi citizens holding US dollars instead of dinar. We knew this was going to be a sign that we are close when they started de-dollarizing… We continue to get exceptionally positive news from contractors…
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5-15-2023 Intel Guru Frank26 All I want to know is what's inside of that piñata [budget]. It's loaded. What's inside of this cornucopia? ...I don't know but I hope it's a new exchange rate. I hope it's a launching point to a new exchange rate.
5-15-2023 Newshound Guru Sandy Ingram Article: "Customs achieves the highest revenue rate during the first quarter of 2023" Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023. Revenues amounting to more than 214 billion dinars from custom duty collections. This equals around $163 million US dollar.
5-15-2023 Intel Guru MarkZ [via PDK] There is ...a lot of talk in Iraq about “Iraqi Parliament votes on largest financial budget in country’s history” ...its scheduled this week along with the HCL. My sources say HCL has already started. We are hopeful for a very exciting news week…including rates.
5-15-2023 Newshound Guru Pimpy If you're in the country and people prefer the US dollar they're willing to give up more Iraqi dinar to have the U.S. dollar. That's why there's a black market out there. That weakens the dinar. If you restrict the use of U.S. dollars then that means the demand for US dollars will decline and the demand for dinars will increase. This will give the value more to the Iraq dinar...I would love to see Iraq take the same approach that Russia has which is demanded everybody use Iraqi dinar to make purchases. This will seriously strengthen Iraqi dinar...[Post 2 of 2]
5-15-2023 Newshound Guru Pimpy Article: "Kurdistan in Baghdad's footsteps: Demands to use the dinar exclusively in the real estate and car market" This is a big move. If you want to boost the confidence and value of your currency you really have to get out of the habit of using dual currencies. We know over in Iraq they use Iraqi dinar as well as the U.S. dollar. People trust the U.S. dollar more than Iraqi dinar. If you take that option away from them and force them to start using the dinar it will strengthen the dinar especially in the exchange rate against the U.S. dollar. How does that work? [Post 1 of 2....stay tuned]
5-15-2023 Newshound Guru Clare Article: "Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities" Quote: "One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting and encouraging the private sector and investment."
5-15-2023 Newshound Guru Militia Man Why are they hiding the vote? Why are they hiding the 2023, 24, 25 budget if they're going to come out at 1310? ...It doesn't make make any sense...the 17th was suggested that they're going to have the vote...we all believe there's something that should happen from the CBI prior to that happening.
5-15-2023 Intel Guru MarkZ [via PDK] This week starts with a crazy amount of expectations. I am hearing that Iraq will be going at some point over the next week...praying we do not have much longer to wait.
5-15-2023 Intel Guru Frank26 We need to see another movement on the exchange rate - maybe 1100 or 1000. That's rather important. Will they do it just before they announce the budget? Will they do it after they announce the budget? ...lets see what happens by the end of this week...it has great potential for our investment no doubt. But what level is it taking us to?
5-15-2023 Intel Guru yada Im of the mind that we are going to see this rate release just before they pass the budget...The rate is the driver of the budget, not the other way around
5-15-2023 Intel Guru MarkZ [via PDK] There is still good news coming from Iraq. Articles on banning the US dollar to finish the de-dollarization. This is important. When they pull the trigger they don’t want Iraqi citizens holding US dollars instead of dinar. We knew this was going to be a sign that we are close when they started de-dollarizing… We continue to get exceptionally positive news from contractors…
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5-15-2023 Intel Guru Frank26 All I want to know is what's inside of that piñata [budget]. It's loaded. What's inside of this cornucopia? ...I don't know but I hope it's a new exchange rate. I hope it's a launching point to a new exchange rate.
5-15-2023 Newshound Guru Sandy Ingram Article: "Customs achieves the highest revenue rate during the first quarter of 2023" Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023. Revenues amounting to more than 214 billion dinars from custom duty collections. This equals around $163 million US dollar.
5-15-2023 Intel Guru MarkZ [via PDK] There is ...a lot of talk in Iraq about “Iraqi Parliament votes on largest financial budget in country’s history” ...its scheduled this week along with the HCL. My sources say HCL has already started. We are hopeful for a very exciting news week…including rates.
5-15-2023 Newshound Guru Pimpy If you're in the country and people prefer the US dollar they're willing to give up more Iraqi dinar to have the U.S. dollar. That's why there's a black market out there. That weakens the dinar. If you restrict the use of U.S. dollars then that means the demand for US dollars will decline and the demand for dinars will increase. This will give the value more to the Iraq dinar...I would love to see Iraq take the same approach that Russia has which is demanded everybody use Iraqi dinar to make purchases. This will seriously strengthen Iraqi dinar...[Post 2 of 2]
5-15-2023 Newshound Guru Pimpy Article: "Kurdistan in Baghdad's footsteps: Demands to use the dinar exclusively in the real estate and car market" This is a big move. If you want to boost the confidence and value of your currency you really have to get out of the habit of using dual currencies. We know over in Iraq they use Iraqi dinar as well as the U.S. dollar. People trust the U.S. dollar more than Iraqi dinar. If you take that option away from them and force them to start using the dinar it will strengthen the dinar especially in the exchange rate against the U.S. dollar. How does that work? [Post 1 of 2....stay tuned]
5-15-2023 Newshound Guru Clare Article: "Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities" Quote: "One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting and encouraging the private sector and investment."
5-15-2023 Newshound Guru Militia Man Why are they hiding the vote? Why are they hiding the 2023, 24, 25 budget if they're going to come out at 1310? ...It doesn't make make any sense...the 17th was suggested that they're going to have the vote...we all believe there's something that should happen from the CBI prior to that happening.
5-15-2023 Intel Guru MarkZ [via PDK] This week starts with a crazy amount of expectations. I am hearing that Iraq will be going at some point over the next week...praying we do not have much longer to wait.
5-15-2023 Intel Guru Frank26 We need to see another movement on the exchange rate - maybe 1100 or 1000. That's rather important. Will they do it just before they announce the budget? Will they do it after they announce the budget? ...lets see what happens by the end of this week...it has great potential for our investment no doubt. But what level is it taking us to?
5-15-2023 Intel Guru yada Im of the mind that we are going to see this rate release just before they pass the budget...The rate is the driver of the budget, not the other way around
5-14-2023 Newshound Guru Militia Man The governor of the central bank is openly talking about a delegation of experts from the International Finance Corporation. Why is he talking about the International Financial Corporation if he's coming out at a program rate (that I call it) or the official rate of 1310? It makes absolutely no sense whatsoever...they could have done it at 1310...1460...1166 and never did.
5-14-2023 Intel Guru Frank26 As soon as we see the budget all hell is going to break loose... there will be another exchange rate announced. It will be around 1000 or 1100...in preparation for the float.
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5-14-2023 Newshound Guru Pimpy This [Money Laundering] is a big issue for Iraq. If your government can't stop laundering money, you're going to stay on a so-called blacklist. Your money will never be traded internationally because nobody's going to trust you. Once again people have found out Iraq is funneling money to Iran, money laundering it. They find new, different ways and because of that the US dollars received are restricted. And because of that restriction it causes a huge black market and causes their currency to devalue.
5-14-2023 Newshound Guru Henig Article: "International Monetary Fund: Iraq is third in the Arab world in terms of exports of goods and services last year" Quote: "Iraq exported goods and services in 2022 worth $ 140.7 billion, which increased from the years 2020 and 2021, which amounted to $54 and $ 94 billion, respectively...Iraq came third among the Arab oil-producing countries with the highest value of exports of goods and services after the UAE and Saudi Arabia"
5-14-2023 Newshound Guru Militia Man The 2023, 24, 25 budget hasn't been implemented yet. They haven't shown you anything in respect to a potential exchange rate but there's some things that tell you that they are about to do that exchange rate change. They say specifically that that's part of the process.
5-14-2023 Newshound Guru Clare THE BUDGET HAS BEEN APPROVED. THE 3RD VOTE IS A FORMALITY THAT WILL MAKE IT LAW. WHICH THEY ALSO REFER TO AS APPROVAL, BUT IT REALLY MEANS MADE INTO LAW- TO IMPLEMENT. IF THEY WERE NOT GOING TO AGREE TO PASS IT INTO LAW, IT WOULD'VE BEEN SENT BACK TO THE COM... WHICH IT NEVER WAS. THE PARLIAMENT SESSION WAS SUPPOSED TO END ON THE 9TH OF MAY - THEY ALREADY EXTENDED THE SESSION TO HAVE THE 3RD VOTE ON THE BUDGET AS PER ARTICLES.
5-14-2023 Intel Guru yada Now the UN, IMF, US, World Bank, and even the CBI know the GOI can no longer stop the process. Best analogy would be the pitcher has sent the pitch and it is on the way to being received by the catcher. Pitcher is Iraq and the catcher is the rest of the world. Iraq can no long stop it, out of their control...I strongly believe we are in the last weekend of being broke...
5-14-2023 Intel Guru Frank26 As soon as we see the budget all hell is going to break loose... there will be another exchange rate announced. It will be around 1000 or 1100...in preparation for the float.
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5-14-2023 Newshound Guru Pimpy This [Money Laundering] is a big issue for Iraq. If your government can't stop laundering money, you're going to stay on a so-called blacklist. Your money will never be traded internationally because nobody's going to trust you. Once again people have found out Iraq is funneling money to Iran, money laundering it. They find new, different ways and because of that the US dollars received are restricted. And because of that restriction it causes a huge black market and causes their currency to devalue.
5-14-2023 Newshound Guru Henig Article: "International Monetary Fund: Iraq is third in the Arab world in terms of exports of goods and services last year" Quote: "Iraq exported goods and services in 2022 worth $ 140.7 billion, which increased from the years 2020 and 2021, which amounted to $54 and $ 94 billion, respectively...Iraq came third among the Arab oil-producing countries with the highest value of exports of goods and services after the UAE and Saudi Arabia"
5-14-2023 Newshound Guru Militia Man The 2023, 24, 25 budget hasn't been implemented yet. They haven't shown you anything in respect to a potential exchange rate but there's some things that tell you that they are about to do that exchange rate change. They say specifically that that's part of the process.
5-14-2023 Newshound Guru Clare THE BUDGET HAS BEEN APPROVED. THE 3RD VOTE IS A FORMALITY THAT WILL MAKE IT LAW. WHICH THEY ALSO REFER TO AS APPROVAL, BUT IT REALLY MEANS MADE INTO LAW- TO IMPLEMENT. IF THEY WERE NOT GOING TO AGREE TO PASS IT INTO LAW, IT WOULD'VE BEEN SENT BACK TO THE COM... WHICH IT NEVER WAS. THE PARLIAMENT SESSION WAS SUPPOSED TO END ON THE 9TH OF MAY - THEY ALREADY EXTENDED THE SESSION TO HAVE THE 3RD VOTE ON THE BUDGET AS PER ARTICLES.
5-14-2023 Intel Guru yada Now the UN, IMF, US, World Bank, and even the CBI know the GOI can no longer stop the process. Best analogy would be the pitcher has sent the pitch and it is on the way to being received by the catcher. Pitcher is Iraq and the catcher is the rest of the world. Iraq can no long stop it, out of their control...I strongly believe we are in the last weekend of being broke...
5-13-2023 Newshound Guru Pimpy There's so many rumors out there when it comes to Iraqi dinar that you'll go insane, you'll pull your hair out trying to figure out what is BS and what isn't. The best I could tell you is listen to all the different news, don't get your hopes up about it, take everything with a grain of salt and watch what they do not what they say. Stay grounded and you'll be just fine.
5-13-2023 Newshound Guru Militia Man Iraq is not Article VIII compliant currency at this time. They're just not. And they're not going to be at 1310, which they are officially. They are going to do something different...IMO. We're all going to be paying attention to that.
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5-13-2023 Intel Guru Frank26 Article "The Central Bank organizes a workshop to activate the mechanism of buying and selling real estate through the banking sector" THESE WORKSHOPS/MECHANISMS, HAVE NEVER BEEN OFFERED TO THE IRAQI CITIZENS. UNTIL...NOW.
5-13-2023 Guru Nader From The Mid East A lot of questions like, 'Hey, the rate in-country do we have to travel to Iraq to change our money?' First... whoever has millions of them, my opinion they're not gonna let you travel with all that money...to change it in Iraq erase it...forget it completely. Second, when the rate changes...if the one is on Forex and if it's international in Forex the banks have to buy and sell it especially if it's stronger than the dollar.
5-13-2023 Newshound Guru Pimpy We've been monitoring whether or not they're going to pass the budget as well as conclude and finally sign the oil agreement between Kurdistan and Baghdad...definitely the budget is important for many reasons...
5-13-2023 Intel Guru MarkZ [via PDK] We look at the progress they are making on electronic transfers, the ability to exchange, change value electronically and streamlining the process has been just awesome...Iraq is doing everything it needs to do to go with or without the rest of the world. They are telling us it is going. We don’t need to guess at it - just listen to their own words. I don’t know where we are at timing but I do know that my contacts in wealth management and redemption centers are extremely upbeat for this weekend...
5-13-2023 Newshound Guru Clare Article: "After a hiatus of more than 12 years.. The Textile and Leather Company announces the resumption of work" Quote: "the process of tanning raw leather extracted from sheep, cows, and goats has begun, and has been transformed into leather prepared for the manufacture of shoes, bags of various kinds, leather gloves, and belts, in addition to leather requirements for institutions and security services of all kinds."
5-13-2023 Newshound Guru Militia Man They told us it's not going to happen [voting on the budget] until potentially the 17th. It's not very far off...they're gonna have a vote on it.
5-13-2023 Intel Guru Frank26 My prediction is that the 17th will reveal the budget. Will it reveal the new exchange rate? I don't know. But it will reveal the budget and the budget needs a new exchange rate. The citizens of Iraq need their new national currency, the lower notes and coins, and the new exchange rate for it...Right now the monetary reform is explaining how they are about to do all this and then float...
5-13-2023 Intel Guru MarkZ [via PDK] “The governor of the central bank of Iraq receives experts from the international Finance Corporation“ they help nations do big projects…they see Iraq will be a massive player in the region and worldwide…. Iraq is moving forward on the world stage which means they need to have a more meaningful currency as well.
5-13-2023 Newshound Guru Militia Man Iraq is not Article VIII compliant currency at this time. They're just not. And they're not going to be at 1310, which they are officially. They are going to do something different...IMO. We're all going to be paying attention to that.
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5-13-2023 Intel Guru Frank26 Article "The Central Bank organizes a workshop to activate the mechanism of buying and selling real estate through the banking sector" THESE WORKSHOPS/MECHANISMS, HAVE NEVER BEEN OFFERED TO THE IRAQI CITIZENS. UNTIL...NOW.
5-13-2023 Guru Nader From The Mid East A lot of questions like, 'Hey, the rate in-country do we have to travel to Iraq to change our money?' First... whoever has millions of them, my opinion they're not gonna let you travel with all that money...to change it in Iraq erase it...forget it completely. Second, when the rate changes...if the one is on Forex and if it's international in Forex the banks have to buy and sell it especially if it's stronger than the dollar.
5-13-2023 Newshound Guru Pimpy We've been monitoring whether or not they're going to pass the budget as well as conclude and finally sign the oil agreement between Kurdistan and Baghdad...definitely the budget is important for many reasons...
5-13-2023 Intel Guru MarkZ [via PDK] We look at the progress they are making on electronic transfers, the ability to exchange, change value electronically and streamlining the process has been just awesome...Iraq is doing everything it needs to do to go with or without the rest of the world. They are telling us it is going. We don’t need to guess at it - just listen to their own words. I don’t know where we are at timing but I do know that my contacts in wealth management and redemption centers are extremely upbeat for this weekend...
5-13-2023 Newshound Guru Clare Article: "After a hiatus of more than 12 years.. The Textile and Leather Company announces the resumption of work" Quote: "the process of tanning raw leather extracted from sheep, cows, and goats has begun, and has been transformed into leather prepared for the manufacture of shoes, bags of various kinds, leather gloves, and belts, in addition to leather requirements for institutions and security services of all kinds."
5-13-2023 Newshound Guru Militia Man They told us it's not going to happen [voting on the budget] until potentially the 17th. It's not very far off...they're gonna have a vote on it.
5-13-2023 Intel Guru Frank26 My prediction is that the 17th will reveal the budget. Will it reveal the new exchange rate? I don't know. But it will reveal the budget and the budget needs a new exchange rate. The citizens of Iraq need their new national currency, the lower notes and coins, and the new exchange rate for it...Right now the monetary reform is explaining how they are about to do all this and then float...
5-13-2023 Intel Guru MarkZ [via PDK] “The governor of the central bank of Iraq receives experts from the international Finance Corporation“ they help nations do big projects…they see Iraq will be a massive player in the region and worldwide…. Iraq is moving forward on the world stage which means they need to have a more meaningful currency as well.
5-12-2023 Newshound Guru Clare Article: "Apple to launch first online store in Vietnam" Quote: "Apple will launch its first online store in Vietnam next week, the company said Friday, hoping to cash in on the country’s young and tech-savvy population."
5-12-2023 Newshound Guru Sandy Ingram The Central Bank of Iraq's website...you will find gold coins and nuggets that you can purchase using your Iraqi dinars. Gold is universal. You can exchange your gold for any currency in the world. International travelers travel with gold all the time, including myself, as long as the value of the gold is under $10,000 we do not have to declare it. Gold coins is one of the best ways to ensure you are liquid regardless of what the global economy does...
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5-12-2023 Intel Guru MarkZ [via PDK] The news stays positive for over the weekend and early next week. I have not heard anything negative.
5-12-2023 Newshound Guru Samson Article: ”Mr. Hakim to the American Ambassador: Iraq is experiencing an unprecedented state of stability”
5-12-2023 Intel Guru Bruce [via WiserNow] Iraq is supposed to put out a new rates and it's actually the current rates are on the bank screen from what I understand it. Redemption center screens. They've already got it...a new rate is supposed to populate on the screens either Thursday, Friday or Saturday, I believe - a new Iraqi dinar rate so it's all good...And it looks like they've got everything ready to go. At least that's what we're hearing from several sources that we're ready to rock and roll on Saturday with notifications. So let's see what happens...Let's watch it for the weekend... We should have a really wonderful Mother's Day - a really wonderful weekend.
5-12-2023 Intel Guru Frank26 Article: "Anti-money laundering and terrorist financing scenarios" Quote: "anti-money laundering and terrorist financing systems have been prepared, which are compatible with the financial work environment in Iraq, and the agents of (Western Union) and (Money Gram) can adopt them as a minimum for their electronic systems". THE CBI HAS MANY PLATFORMS TO USE AS MECHANISMS FOR THE NEW EXCHANGE RATE & NATIONAL CURRENCY!
5-12-2023 Intel Guru MarkZ [via PDK] “Port rehabilitation in Basra is complete- From Iraq’s Transport ministry” Funded by funds coming out of Japan. This was a massive upgrade to the port there. Guys- they don’t need ports like that in a third world nation. But they do need ports like that in nations that are moving products, consuming products…. This is another article showing Iraq is up and moving and it currency will soon follow...I am praying this is our week...
5-12-2023 Newshound Guru Pimpy There is some chatter about there being a new rate inside the budget. Just so you know that every time they talk about a budget that kind of chatter comes around...Here's what I say to anybody and everybody that hears that rumor...First, stay grounded. Second, just because they say that, that doesn't mean it's going to be in there. It doesn't mean it's not going to be there but what we're looking for is for it to actually be in there.
5-12-2023 Newshound Guru Clare Article: "Parliamentary Finance informs the leaders of the state administration of the latest developments in the budget" Quote: "...in the presence of Prime Minister Muhammad Shia'a al-Sudani, the 17th of this month, as the initial date for voting on the budget..."
5-12-2023 Newshound/Intel Guru Mnt Goat There are many rumors floating around that the Reinstatement could happen any day now. Yes, I believe as we get closer and closer to June 1st we could actually see an end to this RV saga. There are all the signs of the progress that Iraq needed to make to allow the CBI to go forward with the currency reform program thus reinstate the dinar on FOREX and redenominate the dinar in this process. [post 2 of 2]
5-12-2023 Newshound/Intel Guru Mnt Goat ...since January of this year...it has been absolutely amazing with all the changes made so far in the currency reform process. ...They have been moving ahead very aggressively with this process now. This is all fantastic news...so don’t get discouraged. The CBI is working towards a target and they are doing it with the full support of the GOI. This in itself is good news. Why do we keep seeing June 1st deadlines? Is June significant for some reason… hint, hint... [post 1 of 2....stay tuned]
5-12-2023 Intel Guru RayRen98 [via Babysmom] RATES ACCORDING TO RAY "OPENING RATES" "DONG 47 CENTS+, DINAR $3.47+...
5-11-2023 Newshound Guru Pimpy When you go through the news in Iraq all of it is talk about the budget. When it's going to be done. When they're going to vote on it. What is the holdup. I think where people are misunderstanding is it's not just one year. They're not trying to vote for a budget for 2023. They're voting for a budget for 2023, 24 and 25. It's not that easy. The committee had the budget. They look over it, they make their adjustments, they then send it over to the House of Representatives who...put their changes they want, they send it back to the committee and it goes back and forth like a boring game of ping-pong. Sometimes it happens really quick and they agree on the same thing. Other times times it doesn't... they're going to keep going back and forth.
5-11-2023 Intel Guru MarkZ [via PDK] Once again my sources on the ground in Iraq are telling me the budget is already done. And perhaps we will see it rubber stamped by next Wednesday when they say they are going to “officially” announce it. Most of my Iraqi contacts think it (RV) will go sometime over this weekend. Or early next week…. I hope they are accurate. I am hearing that from all sides right now. This has me hopeful.
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5-11-2023 Newshound Guru Clare Article: "The Sudanese advisor comments on the return of the dollar's rise: gangs are the reason " Quote: "Salih...organized crime gangs took advantage of (electronic) travelers' cards. These gangs illegally and legally use citizens' passports in order to issue electronic cards and smuggle them out of Iraq in order to finance black transfers and smuggle money."
5-11-2023 Newshound Guru Deepwoodz I know the expectation was 1:1 and now maybe 1:1.50 but I wouldn’t be surprised with all the build-up that they come out guns a blazin of 3+:1.
5-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] The CBI took out a tender which we told you about 2 weeks ago. The tender bid is for the new small category notes. They will also have to be paid in IQDs. This tender was accepted. It was fulfilled. It is complete in the national currency and the contract was just paid in Iraqi dinars.
5-11-2023 Intel Guru MarkZ [via PDK] Iraq: They have announced that they are going to do the third reading of the budget and vote on it on May 17th- next Wednesday. I expect things to go before that. Why? …because I am hearing its already approved after the second reading automatically once you hit a certain time frame…and that’s how they were able to send the dollars to Kurdistan this week. It has already been approved twice with no objections. I believe they are giving us that date to look over there and IMO we should see the announcement between now and then.
5-11-2023 Newshound Guru Sandy Ingram Article: "Iraqis Fly to Nearby Countries to Get Dollar as U.S. Cracks Down on Money Laundering" ...As the the US tries to stop the illegal flow of dollars into Iran, local money traders next door in Iraq are finding new ways to get hold of greenbacks as the local supply dries up in Iraq. They are flying to nearby countries with stacks of bank cards to withdraw hard cash...At least 24 Iraqis carrying around 1,200 bank cards loaded with more than $5 million have been arrested...On Friday authorities detained another Iraq traveler trying to sneak out 300 bank cards in cigarette packs at the international airport in the central Iraqi city of Najaf...
5-11-2023 Newshound Guru Pimpy Article: "Iraqis Fly to Nearby Countries to Get Dollars as U.S. Cracks Down on Money Laundering" Here's where the problem lies. When your government is allies and backed by Iran where do you think this government's loyalty is going to go to? It's going to go to Iran. It always will. Until this type of government is removed there's always going to be a problem...Money traders next door in Iraq are finding new ways to get a hold of greenbacks as the local supply dries up...
5-11-2023 Newshound Guru Clare Article: "Sharq: The collapse of the Tehran Stock Exchange caused a fifth of the liquidity to evaporate within two days" Quote: "...the significant decline in the Tehran Stock Exchange markets during the past few days as "amazing" and "shocking", as the equivalent of a fifth of the country's cash liquidity evaporated in just two days."
5-11-2023 Intel Guru MarkZ [via PDK] I had a late night conversation with Militia Man...and I told him what my expectations were- RV happening closer to the weekend or early next and he said I may be wrong. I am hearing from the vast majority of my sources that we can expect it much sooner than that…possibly even “NOW”... We do not know the timing but indicators are it is imminent!
5-11-2023 Newshound Guru Militia Man Al-Sudani's quote, 'We reassure the citizens not to acquire the dollar because the dinar is the strongest." Those are his words. They're not mine. That was on April 17th. Fast forward it's about 3 weeks what was his statement, 'The Iraqi dinar will rise against the U.S. dollar in the next few weeks.' Fascinating.
5-11-2023 Newshound/Intel Guru Mnt Goat We are still waiting for the 3-year budget to pass in parliament and for them to open it. I don’t care what rate is in it since they have told us the rate is flexible and they designed the budget accordingly. Of course, the higher the cost of oil the better.
5-10-2023 Intel Guru Frank26 Article "The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank" Quote "after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment" FROM THE CORRECT HORSES MOUTH... TAKING INTO ACCOUNT THE NEW EXCHANGE RATE... WELL ALRIGHT, ALRIGHT THEN!
5-10-2023 Newshound Guru Clare Article "Al-Sudani surprises the ministries with 3 work shifts to complete the projects" Quote "Based on the approval of the Prime Minister and for the purpose of accelerating work on all projects to take what is necessary by instructing that work be done in three shifts to ensure speed Completion of projects and increase the employment of manpower."
5-10-2023 Newshound Guru Pimpy Article: "International Monetary Fund Expects Iraq 's External Debt to Fall by $1.2 Billion" It's really been amazing to watch Iraq pay off all their debt both external and internal and they're doing it in huge leaps and bounds. That just goes to show you if they didn't have all these fines and things they had to settle out of court and pay, like Kuwait and anybody else, and they had these external debts paid off this country would be a very rich country...
5-10-2023 Newshound/Intel Guru Walkingstick {CBI's private bank meeting minutes continued} [8. Currency swaps with many countries in motion.] It means the international community, the investors of the economic reform, finally have faith, have confidence, like the citizens do, in the CBI and the prime minister of Iraq. These IQD swaps are being done right now electronically. They are not being done physically...at this point of the monetary reform they are swapping with all the banks around the world the new national currency electronically. Why? Because the tender is for the citizens inside Iraq when they exchange. And because you do not want to flood the market back with 3 zero notes. [Post 8 of 8]
5-10-2023 Newshound Guru Militia Man There's apparently lesser demand for dollars in the parallel market now and the exchange rate is going to go up. The electronic platform is working its magic...the nefarious folks that are doing a dollar exchange outside the platform they're going to find it tougher and tougher...
5-10-2023 Intel Guru MarkZ [via PDK] 2 important articles out of Iraq today “Kurdistan Region Finance announces the release of 200 million dinar from Baghdad” and ...”Kurdistan regional government to start distributing April salaries next week.” For that to happen it means they have the funding from the budget and the HCL…as we understand it. And this means this thing will be completed. This is a good indicator as to what to expect timing wise. Sudani has told us that the dinar is ready to be the father of the dollar- meaning it is going to be worth more. This is all over middle eastern news...that the value of the dinar is about to change. There is no keeping the cat in the bag anymore. We are very close to the end of this thing.
5-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're back on channel one saying it will be weeks now that the street rates should match the official rate...they went from weeks to soon and now they're back to weeks again... FRANK: ...Rumors are rampant. One minute they say one thing, the next minute they say something else. That's why we tell you only pay attention to Sudani and the governor of the CBI...
5-10-2023 Newshound Guru Clare Article: "The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank" Quote: " the Council approved, Within the course of financial and economic relations with international financial and banking institutions... Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment."
5-10-2023 Newshound/Intel Guru Mnt Goat I call my CBI contact almost every Saturday and get the full scoop of what is really happening in Iraq and the efforts of the CBI. Since we have NOT heard of any official word of progress about the redenomination process it is not yet happening I can assure you. However, we can sit still and know it is still in the plan because I know it is and it has to happen sooner than later, just not yet.
5-10-2023 Intel Guru RayRen98 ACCORDING TO ONE OF OUR 3-LETTER SOURCES, ALL RATES ARE LOADED AND READY TO GO. TIME WILL TELL.
5-10-2023 Newshound Guru Clare Article "Al-Sudani surprises the ministries with 3 work shifts to complete the projects" Quote "Based on the approval of the Prime Minister and for the purpose of accelerating work on all projects to take what is necessary by instructing that work be done in three shifts to ensure speed Completion of projects and increase the employment of manpower."
5-10-2023 Newshound Guru Pimpy Article: "International Monetary Fund Expects Iraq 's External Debt to Fall by $1.2 Billion" It's really been amazing to watch Iraq pay off all their debt both external and internal and they're doing it in huge leaps and bounds. That just goes to show you if they didn't have all these fines and things they had to settle out of court and pay, like Kuwait and anybody else, and they had these external debts paid off this country would be a very rich country...
5-10-2023 Newshound/Intel Guru Walkingstick {CBI's private bank meeting minutes continued} [8. Currency swaps with many countries in motion.] It means the international community, the investors of the economic reform, finally have faith, have confidence, like the citizens do, in the CBI and the prime minister of Iraq. These IQD swaps are being done right now electronically. They are not being done physically...at this point of the monetary reform they are swapping with all the banks around the world the new national currency electronically. Why? Because the tender is for the citizens inside Iraq when they exchange. And because you do not want to flood the market back with 3 zero notes. [Post 8 of 8]
5-10-2023 Newshound Guru Militia Man There's apparently lesser demand for dollars in the parallel market now and the exchange rate is going to go up. The electronic platform is working its magic...the nefarious folks that are doing a dollar exchange outside the platform they're going to find it tougher and tougher...
5-10-2023 Intel Guru MarkZ [via PDK] 2 important articles out of Iraq today “Kurdistan Region Finance announces the release of 200 million dinar from Baghdad” and ...”Kurdistan regional government to start distributing April salaries next week.” For that to happen it means they have the funding from the budget and the HCL…as we understand it. And this means this thing will be completed. This is a good indicator as to what to expect timing wise. Sudani has told us that the dinar is ready to be the father of the dollar- meaning it is going to be worth more. This is all over middle eastern news...that the value of the dinar is about to change. There is no keeping the cat in the bag anymore. We are very close to the end of this thing.
5-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're back on channel one saying it will be weeks now that the street rates should match the official rate...they went from weeks to soon and now they're back to weeks again... FRANK: ...Rumors are rampant. One minute they say one thing, the next minute they say something else. That's why we tell you only pay attention to Sudani and the governor of the CBI...
5-10-2023 Newshound Guru Clare Article: "The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank" Quote: " the Council approved, Within the course of financial and economic relations with international financial and banking institutions... Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment."
5-10-2023 Newshound/Intel Guru Mnt Goat I call my CBI contact almost every Saturday and get the full scoop of what is really happening in Iraq and the efforts of the CBI. Since we have NOT heard of any official word of progress about the redenomination process it is not yet happening I can assure you. However, we can sit still and know it is still in the plan because I know it is and it has to happen sooner than later, just not yet.
5-10-2023 Intel Guru RayRen98 ACCORDING TO ONE OF OUR 3-LETTER SOURCES, ALL RATES ARE LOADED AND READY TO GO. TIME WILL TELL.
5-9-2023 Newshound Guru Pimpy I'm concerned to see how the Iraqi dinar is going to respond to the .25 hike in the Fed's interest rates. Usually foreign currencies take a hit. I'm not sure how this is going to affect the Iraqi dinar. I'm watching to see if there's any kind of real dramatic change in the exchange rate. Will the US dollar gain purchasing power over the Iraqi dinar? We know the Feds plan on making a change but I'm curious to see what will happen to the Iraqi dinar because of it...
5-9-2023 Newshound Guru Clare Article: "Discontent with "procrastination" .. Iraqi employees renew their demonstrations to adjust the salary scale" Quote: "We demonstrated today in Tahrir Square in order to implement our demands, which is to amend the salary scale to achieve justice among all employees...recently, the employees heard that the government has no intention of amending the salary scale and increasing our salaries."
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5-9-2023 Newshound Guru Militia Man These guys are not stopping with this point-of-sale equipment. Whether that's going to be...swiping a card in a machine while you're at the gas station, with the grocery store or it it going to be at the ATMs in country. Word on the street is that there's things coming, different changes. Hopefully we're going to be part of all that.
5-9-2023 Intel Guru MarkZ [via PDK] ...I have been hearing fantastic things throughout the day. Especially from the groups who appear to be starting their process. I am waiting for someone with money in hand. Even my SKR group said today to “make sure my ID’s are current. This is it. And we should be giving you instructions on your SKR within the next few days.!” ...This is awesome news guys. Im exhausted but excited ...We don’t know if its this week or next week. [SKR = Safe Keeping Receipt. Where groups have aggregated (consolidated) the currency and given you the paperwork and receipts in exchange]
5-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks they are finishing up all the loose ends and soon we will see a change in the rate. He personally think with everything in dinars now it's so close and that we probably will start at $1.50 and float but who knows it could be more... FRANK: I agree with him 1000%. He is spot on.
5-9-2023 Guest Guru GameofPatience Iraq is implementing new banking reform steps IN JUNE to control their citizens and their money (POS, Cashless, Financial Transactions in front of their government)...These steps in June REQUIRE their currency to be TRADEABLE & RECOGNIZED AROUND THE WORLD. Didn't Iraq recently state the back wall for the budget was at the End of May (3rd reading comes after the rate change)!
5-9-2023 Newshound Guru Pimpy In case you're wondering why it is that they might change the exchange rate... - To have more purchasing power. If they're importing a lot of goods...this would help the people stretch their means out. This would allow them to purchase things a little cheaper because the purchasing power of the dinar would be a little bit stronger...
5-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [7. IMF, AMF, EMF rolling in again] International Monetary Fund, Arab Monetary Fund and the European Monetary Fund these three are escorting the Iraqi dinar, the central bank's new exchange rate and their new currency to the International platforms, to the world. [Post 7 of 8]
5-9-2023 Intel Guru MarkZ [via PDK] ...They are cracking down on any leaks right now. So getting any solid info is difficult right now. Based on the movement they are in the position for them to pull the trigger at any moment.
5-9-2023 Newshound Guru Clare Article: "Improving in two directions. The dinar continues its recovery journey against the dollar " Quote: "Saleh...the reason for the low exchange rate of the dinar during the last period of this year is not economic, but rather an international administrative restriction, as the United States imposed restrictions on the entry of foreign exchange into the country. Washington has placed restrictions on the movement of foreign exchange entering Iraq, because of its suspicions that 80 percent of these remittances go to unknown destinations."
5-9-2023 Newshound Guru Militia Man If these demonstrations happen tomorrow which is going to be Tuesday, I'm feeling that since Al-Sudani came out tonight, he may have tamped that down. Because why? ...Because he's the one that said the dinar was going to be stronger to the dollar. I think the citizens believe in him and I think he wants to live up to that expectation...If they take to the streets it could be serious, it could also be something that's celebratory. We're going to have to watch and see...
5-9-2023 Intel Guru MarkZ [via PDK] Question: Do you think Vietnam will go the same time as Iraq? MarkZ Answer: Yes I do.
5-9-2023 Newshound Guru Clare Article: "Discontent with "procrastination" .. Iraqi employees renew their demonstrations to adjust the salary scale" Quote: "We demonstrated today in Tahrir Square in order to implement our demands, which is to amend the salary scale to achieve justice among all employees...recently, the employees heard that the government has no intention of amending the salary scale and increasing our salaries."
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5-9-2023 Newshound Guru Militia Man These guys are not stopping with this point-of-sale equipment. Whether that's going to be...swiping a card in a machine while you're at the gas station, with the grocery store or it it going to be at the ATMs in country. Word on the street is that there's things coming, different changes. Hopefully we're going to be part of all that.
5-9-2023 Intel Guru MarkZ [via PDK] ...I have been hearing fantastic things throughout the day. Especially from the groups who appear to be starting their process. I am waiting for someone with money in hand. Even my SKR group said today to “make sure my ID’s are current. This is it. And we should be giving you instructions on your SKR within the next few days.!” ...This is awesome news guys. Im exhausted but excited ...We don’t know if its this week or next week. [SKR = Safe Keeping Receipt. Where groups have aggregated (consolidated) the currency and given you the paperwork and receipts in exchange]
5-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks they are finishing up all the loose ends and soon we will see a change in the rate. He personally think with everything in dinars now it's so close and that we probably will start at $1.50 and float but who knows it could be more... FRANK: I agree with him 1000%. He is spot on.
5-9-2023 Guest Guru GameofPatience Iraq is implementing new banking reform steps IN JUNE to control their citizens and their money (POS, Cashless, Financial Transactions in front of their government)...These steps in June REQUIRE their currency to be TRADEABLE & RECOGNIZED AROUND THE WORLD. Didn't Iraq recently state the back wall for the budget was at the End of May (3rd reading comes after the rate change)!
5-9-2023 Newshound Guru Pimpy In case you're wondering why it is that they might change the exchange rate... - To have more purchasing power. If they're importing a lot of goods...this would help the people stretch their means out. This would allow them to purchase things a little cheaper because the purchasing power of the dinar would be a little bit stronger...
5-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [7. IMF, AMF, EMF rolling in again] International Monetary Fund, Arab Monetary Fund and the European Monetary Fund these three are escorting the Iraqi dinar, the central bank's new exchange rate and their new currency to the International platforms, to the world. [Post 7 of 8]
5-9-2023 Intel Guru MarkZ [via PDK] ...They are cracking down on any leaks right now. So getting any solid info is difficult right now. Based on the movement they are in the position for them to pull the trigger at any moment.
5-9-2023 Newshound Guru Clare Article: "Improving in two directions. The dinar continues its recovery journey against the dollar " Quote: "Saleh...the reason for the low exchange rate of the dinar during the last period of this year is not economic, but rather an international administrative restriction, as the United States imposed restrictions on the entry of foreign exchange into the country. Washington has placed restrictions on the movement of foreign exchange entering Iraq, because of its suspicions that 80 percent of these remittances go to unknown destinations."
5-9-2023 Newshound Guru Militia Man If these demonstrations happen tomorrow which is going to be Tuesday, I'm feeling that since Al-Sudani came out tonight, he may have tamped that down. Because why? ...Because he's the one that said the dinar was going to be stronger to the dollar. I think the citizens believe in him and I think he wants to live up to that expectation...If they take to the streets it could be serious, it could also be something that's celebratory. We're going to have to watch and see...
5-9-2023 Intel Guru MarkZ [via PDK] Question: Do you think Vietnam will go the same time as Iraq? MarkZ Answer: Yes I do.
5-8-2023 Newshound Guru Pimpy People are saying, 'Could they change the rate Pimpy?" Yeah, of course they can. Until the final budget is out we know they had projected the budget at 1300 dinar. They could come out and say the budget has been approved...by the way the new exchange rate is whatever it is. That is a possibility but I doubt it. I do anticipate it going up in increments. We're at 1300 dinars for every dollar. Of course I would love it at least to get back to 1190 dinars where we were prior to it being devalued...
5-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Asked bank friend what is the CBI governor talking about [Parallel rate talk] . Bank friend said it's all about stability. The dinar will be strongest ever when it's parallel to the street rate. This is the best time to do a rate change - at a stable point. And since we already de-pegged from the dollar we are at a point of no return and it must happen. The deleting of the zeros will be coming. We are way ahead unlike before. FRANK: I have to be careful of what I share with you...your bank friend is 1000% correct.
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5-8-2023 Newshound Guru Clare Article: "Baghdad and Washington affirm support for Iraqi banking reform efforts" Quote: "Iraq announced the agreement with the International Monetary Fund and the World Bank to hold a "non-financial" program that includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."
5-8-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter that Iraq has been given a 3 day head start before they announce to the rest of the world that the RV has gone...That is a possibility as I am hearing a lot of chatter from a lot of plugged in people about this. But not from a few key people I listen to. I just don’t think they could keep it under wraps that long in today’s connected internet world. Remember Kuwait had a 10 day quiet period before the rest of the world found out.
5-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [6. Mining operation contracts rolling in now all paid in IQD only.] The mining contracts that are staying in line are willing now to be paid in Iraqi dinar. That's a powerful reason for a new national currency and a new exchange rate that is coming IMO very soon. [Post 6 of 8]
5-8-2023 Newshound Guru Deepwoodz Article: "To monitor state funds.. Sami is discussing with the International Monetary Fund the application of the single treasury account" IMF in the news, as well as Sudani with the UN boss lady. I love it when they talk to the IMF...This is huge. Iraq is getting serious. TSA = Treasury Single Account.
5-8-2023 Newshound Guru Sandy Ingram Article: "Western Union expresses to the Central Bank its desire to expand its branches in Iraq" This means we could possibly give Western Union Iraqi dinars to be invested in Iraq. Is that too far of a reach? ...Do you think we will be able to use Western Union to purchase or send Iraqi dinars to Iraq for investments? Western Union certainly creates a reliable money trail.
5-8-2023 Newshound Guru Kaperoni If and when the dinar does go up in value it will float. That means it will rise gradually over time as a result of Iraq's economic growth and success.
5-8-2023 Intel Guru MarkZ [via PDK] I am hearing from pretty much everyone that the window is wide open since this morning…and we are in a prime spot for them to announce it within the next few days. I am hearing a lot of excited chatter and trying to “Vet” and confirm it before I tell you all what we are hearing…everyone is exceptionally positive for this week. But nobody knows the exact timing. I am expecting a very positive week…especially from Iraq...There is so many things happening right now. From movement in Iraq...The bankers are excited…so many things are coming into a perfect storm right now.
5-8-2023 Guru Nader From The Mid East I'm sure everybody already seen the article about the POS. Everything it's digital. That's a good thing. They're trying to get the maximum money they can. They got a lot already...that's the good news. POS systems in place. It's working. Everything has been done.
5-8-2023 Newshound Guru Pimpy Article: "Baghdad and Washington emphasize support for Iraqi banking reform efforts" What gets me is how close Washington is really paying attention to how quickly Iraq implements all the reforms necessary to their banking system...
5-8-2023 Intel Guru Frank26 Article: "Al-Sudani: The official dollar exchange rate will prove our financial situation is the best compared to previous years" THE FINANCIAL SITUATION IN IRAQ IS THE BEST COMPARED TO PREVIOUS YEARS BECAUSE THE PROGRAM RATE IS NOT THE OFFICIAL RATE OF THE NEW NATIONAL CURRENCY OF IRAQ.
5-8-2023 Newshound/Intel Guru Mnt Goat The three zero notes will coincide as legal tender even after the reinstatement and rate change. The process will suck up most of the larger notes out of circulation prior as they would be worth more than the dollar. I hear the CBI will give the citizens time to turn them in for a conversion rate. But even afterwards they will still remain legal tender. Remember that Iraq is not redenominating due to hyper-inflation, but rather due to a revaluation because they are so rich, not poor....Enough said…
5-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Asked bank friend what is the CBI governor talking about [Parallel rate talk] . Bank friend said it's all about stability. The dinar will be strongest ever when it's parallel to the street rate. This is the best time to do a rate change - at a stable point. And since we already de-pegged from the dollar we are at a point of no return and it must happen. The deleting of the zeros will be coming. We are way ahead unlike before. FRANK: I have to be careful of what I share with you...your bank friend is 1000% correct.
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5-8-2023 Newshound Guru Clare Article: "Baghdad and Washington affirm support for Iraqi banking reform efforts" Quote: "Iraq announced the agreement with the International Monetary Fund and the World Bank to hold a "non-financial" program that includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."
5-8-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter that Iraq has been given a 3 day head start before they announce to the rest of the world that the RV has gone...That is a possibility as I am hearing a lot of chatter from a lot of plugged in people about this. But not from a few key people I listen to. I just don’t think they could keep it under wraps that long in today’s connected internet world. Remember Kuwait had a 10 day quiet period before the rest of the world found out.
5-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [6. Mining operation contracts rolling in now all paid in IQD only.] The mining contracts that are staying in line are willing now to be paid in Iraqi dinar. That's a powerful reason for a new national currency and a new exchange rate that is coming IMO very soon. [Post 6 of 8]
5-8-2023 Newshound Guru Deepwoodz Article: "To monitor state funds.. Sami is discussing with the International Monetary Fund the application of the single treasury account" IMF in the news, as well as Sudani with the UN boss lady. I love it when they talk to the IMF...This is huge. Iraq is getting serious. TSA = Treasury Single Account.
5-8-2023 Newshound Guru Sandy Ingram Article: "Western Union expresses to the Central Bank its desire to expand its branches in Iraq" This means we could possibly give Western Union Iraqi dinars to be invested in Iraq. Is that too far of a reach? ...Do you think we will be able to use Western Union to purchase or send Iraqi dinars to Iraq for investments? Western Union certainly creates a reliable money trail.
5-8-2023 Newshound Guru Kaperoni If and when the dinar does go up in value it will float. That means it will rise gradually over time as a result of Iraq's economic growth and success.
5-8-2023 Intel Guru MarkZ [via PDK] I am hearing from pretty much everyone that the window is wide open since this morning…and we are in a prime spot for them to announce it within the next few days. I am hearing a lot of excited chatter and trying to “Vet” and confirm it before I tell you all what we are hearing…everyone is exceptionally positive for this week. But nobody knows the exact timing. I am expecting a very positive week…especially from Iraq...There is so many things happening right now. From movement in Iraq...The bankers are excited…so many things are coming into a perfect storm right now.
5-8-2023 Guru Nader From The Mid East I'm sure everybody already seen the article about the POS. Everything it's digital. That's a good thing. They're trying to get the maximum money they can. They got a lot already...that's the good news. POS systems in place. It's working. Everything has been done.
5-8-2023 Newshound Guru Pimpy Article: "Baghdad and Washington emphasize support for Iraqi banking reform efforts" What gets me is how close Washington is really paying attention to how quickly Iraq implements all the reforms necessary to their banking system...
5-8-2023 Intel Guru Frank26 Article: "Al-Sudani: The official dollar exchange rate will prove our financial situation is the best compared to previous years" THE FINANCIAL SITUATION IN IRAQ IS THE BEST COMPARED TO PREVIOUS YEARS BECAUSE THE PROGRAM RATE IS NOT THE OFFICIAL RATE OF THE NEW NATIONAL CURRENCY OF IRAQ.
5-8-2023 Newshound/Intel Guru Mnt Goat The three zero notes will coincide as legal tender even after the reinstatement and rate change. The process will suck up most of the larger notes out of circulation prior as they would be worth more than the dollar. I hear the CBI will give the citizens time to turn them in for a conversion rate. But even afterwards they will still remain legal tender. Remember that Iraq is not redenominating due to hyper-inflation, but rather due to a revaluation because they are so rich, not poor....Enough said…
5-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying hold on to dinar that our dinar is going to be stronger than the dollar. Telling us hold on. FRANK: Every freaking day...Tell Sudani you can only hold on so much longer.
5-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [5. Introduction of notes and coins was given.] The date of the new small categories and coins is a reality. It's a fact. IMO the citizens of Iraq are learning about what we're telling you right now. They're learning about it and you're going to see the articles as they talk about all these subjects [In the coming weeks]. [Post 5 of 8....stay tuned]
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5-7-2023 Guest Guru Dallasdude Article "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" ...The 1300 range..does not benefit us..I think this still plays out for the remainder of year..they always said the best time is beginning of year, we are now 5 months in..IMO we are still here for awhile...
5-7-2023 Newshound Guru Sandy Ingram Article: "The Central Bank announces the launch of the banking supervision reporting system" This new system may seem like another boring news story but I assure you this announcement is pure gold. The new system will help the Central Bank of Iraq know instantly the financial status of banks and non-banking financial institutions approved by the Central Bank of Iraq...
5-7-2023 Intel Guru Frank26 Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price." LIKE WE TOLD YOU THEY KNOW THE DATE!
5-7-2023 Newshound Guru Pimpy Article: "Parliamentary finance suggests when the dollar price will stabilize at the official price" As much as they talk about this in the news there's obviously still some concern about the exchange rate of the Iraqi dinar. The difference between the official rate and the parallel rate is slightly off but it could be a lot closer. There's still enough margin...that the "bad guys" can still make a pretty good profit if you're dealing with large amounts of dinars verses dollars...what they're predicting is once the budget is approved and implemented then you'll see the official rate and the parallel rate equal out...
5-7-2023 Newshound Guru Clare Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price."
5-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor spoke about the street rate. He said it is unreal - do not believe in it and that bank covers the official rate of 1320. He spoke a lot about the parallel rate. He spoke a lot about this but...we were left confused on exactly what he was trying to say to us.
5-7-2023 Newshound/Intel Guru Mnt Goat ...The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now... they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May.
5-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [5. Introduction of notes and coins was given.] The date of the new small categories and coins is a reality. It's a fact. IMO the citizens of Iraq are learning about what we're telling you right now. They're learning about it and you're going to see the articles as they talk about all these subjects [In the coming weeks]. [Post 5 of 8....stay tuned]
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5-7-2023 Guest Guru Dallasdude Article "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" ...The 1300 range..does not benefit us..I think this still plays out for the remainder of year..they always said the best time is beginning of year, we are now 5 months in..IMO we are still here for awhile...
5-7-2023 Newshound Guru Sandy Ingram Article: "The Central Bank announces the launch of the banking supervision reporting system" This new system may seem like another boring news story but I assure you this announcement is pure gold. The new system will help the Central Bank of Iraq know instantly the financial status of banks and non-banking financial institutions approved by the Central Bank of Iraq...
5-7-2023 Intel Guru Frank26 Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price." LIKE WE TOLD YOU THEY KNOW THE DATE!
5-7-2023 Newshound Guru Pimpy Article: "Parliamentary finance suggests when the dollar price will stabilize at the official price" As much as they talk about this in the news there's obviously still some concern about the exchange rate of the Iraqi dinar. The difference between the official rate and the parallel rate is slightly off but it could be a lot closer. There's still enough margin...that the "bad guys" can still make a pretty good profit if you're dealing with large amounts of dinars verses dollars...what they're predicting is once the budget is approved and implemented then you'll see the official rate and the parallel rate equal out...
5-7-2023 Newshound Guru Clare Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price."
5-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor spoke about the street rate. He said it is unreal - do not believe in it and that bank covers the official rate of 1320. He spoke a lot about the parallel rate. He spoke a lot about this but...we were left confused on exactly what he was trying to say to us.
5-7-2023 Newshound/Intel Guru Mnt Goat ...The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now... they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May.
5-6-2023 Intel Guru MarkZ [via PDK] They are...discussing in the mosques …new paper money…which are the lower denomination bills. The delete the zero project is they delete the zeros, add value and release the LD bills...The news out of Iraq is fantastic.
5-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International companies are being paid in dinars so it is close. It is very close. We can sense it. All the devices in the country are set up for the reform. FRANK: Like the sun rising in the morning he cannot stop it. The momentum of your country is unstoppable right now. The monetary education is about to show you everything that they have told you. We are talking within weeks to days...
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5-6-2023 Newshound Guru Pimpy Iraq does have goods that it exports but they have to get this going...They are having to import more than they are exporting so it seemed to me you'd want a dinar with more purchasing power IMO so you can get more of the goods you're bringing into Iraq...
5-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [4. Exchanges ISX/ESX date given to trade international] ISX and ESX only trade domestically. Soon the Iraqi dinar will be online with the International Stock Exchange...the IQD is soon to be traded globally internationally. That's never been done before and they have a date of when they are going to start. They have a date when they are going to introduce the new small category notes...the CBI is sending its national currency on an international float to gain more value internationally because it will be market driven. But it will global market driven not internal [market driven] ... [Post 4 of 8....stay tuned]
5-6-2023 Newshound Guru Militia Man We all know there's a lot of things going on with Iraq and many people are starting to get in the vibe that are going, 'wow this is really coming to a head.' And rightfully so...we can see for a fact...
5-6-2023 Intel Guru MarkZ [via PDK] The news has been awfully fun...the US treasury is now ready to go...the IMF is now ready to go...possibly Sunday into Monday of this weekend...It’s done and waiting for the announcement... everything is worked out and Iraq is telling us the same thing. And they will soon announce the budget and the approval of the HCL law. People in Iraq are expecting that rate change at any moment.
5-6-2023 Intel Guru Frank26 Article: "Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes" Quote: " the bank has begun implementing the first phase of the electronic collection system and putting it into effect" THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES.
5-6-2023 Guru Nader From The Mid East My friend from LA called me gave me a couple of good news and I wanted to confirm so I called somebody else over here about the IMF saying they're ready to turn the switch. The US treasury same way. I heard about the rate...This is what they told me. I don't know if it's true or not. I cannot confirm it because over here there's no noises about it. But they said it's gonna be $4-something. Me, I believe at $3.45. I don't believe more than $3.50. I don't believe that [$4-something] strongly...
5-6-2023 Intel Guru MarkZ [via PDK] We are told the window opens late Sunday night… Lots of things pointing that way.
5-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International companies are being paid in dinars so it is close. It is very close. We can sense it. All the devices in the country are set up for the reform. FRANK: Like the sun rising in the morning he cannot stop it. The momentum of your country is unstoppable right now. The monetary education is about to show you everything that they have told you. We are talking within weeks to days...
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5-6-2023 Newshound Guru Pimpy Iraq does have goods that it exports but they have to get this going...They are having to import more than they are exporting so it seemed to me you'd want a dinar with more purchasing power IMO so you can get more of the goods you're bringing into Iraq...
5-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [4. Exchanges ISX/ESX date given to trade international] ISX and ESX only trade domestically. Soon the Iraqi dinar will be online with the International Stock Exchange...the IQD is soon to be traded globally internationally. That's never been done before and they have a date of when they are going to start. They have a date when they are going to introduce the new small category notes...the CBI is sending its national currency on an international float to gain more value internationally because it will be market driven. But it will global market driven not internal [market driven] ... [Post 4 of 8....stay tuned]
5-6-2023 Newshound Guru Militia Man We all know there's a lot of things going on with Iraq and many people are starting to get in the vibe that are going, 'wow this is really coming to a head.' And rightfully so...we can see for a fact...
5-6-2023 Intel Guru MarkZ [via PDK] The news has been awfully fun...the US treasury is now ready to go...the IMF is now ready to go...possibly Sunday into Monday of this weekend...It’s done and waiting for the announcement... everything is worked out and Iraq is telling us the same thing. And they will soon announce the budget and the approval of the HCL law. People in Iraq are expecting that rate change at any moment.
5-6-2023 Intel Guru Frank26 Article: "Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes" Quote: " the bank has begun implementing the first phase of the electronic collection system and putting it into effect" THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES.
5-6-2023 Guru Nader From The Mid East My friend from LA called me gave me a couple of good news and I wanted to confirm so I called somebody else over here about the IMF saying they're ready to turn the switch. The US treasury same way. I heard about the rate...This is what they told me. I don't know if it's true or not. I cannot confirm it because over here there's no noises about it. But they said it's gonna be $4-something. Me, I believe at $3.45. I don't believe more than $3.50. I don't believe that [$4-something] strongly...
5-6-2023 Intel Guru MarkZ [via PDK] We are told the window opens late Sunday night… Lots of things pointing that way.
5-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [3. Tenders for the IQD and the coins has been fulfilled.] We're 90% the contract the tender was fulfilled/ completed by DeLaRue Corporation. It was drafted and it was accepted. This tender should be on the CBI website very soon...they're printed and they're ready to go. [Post 3 of 8....stay tuned]
5-5-2023 Newshound Guru Clare Article: "Al-Sudani: The official dollar exchange rate will prove our financial situation is the best compared to previous years"
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5-5-2023 Intel Guru Bruce [via WiserNow] Wednesday was looking like D-Day - the day to get everything that we were looking for...And it ended up where it was not... Now – personally...I think there's a good chance our notifications will come out Sunday night into Monday morning - where we receive them and call in on Monday to set our appointments and quite possibly to start Monday the 8th or Tuesday...Again, we're very close. We almost got it. We didn’t get it - we had a couple of glitches - they've handled those I understand. Hopefully no more interruptions. no more glitches, and it looks like they’re shooting for either the weekend for our notifications or overnight on Sunday night into Monday.
5-5-2023 Newshound Guru Militia Man Al-Rafidain state bank is granting point-of-sale devices to all state institutions and the private sector free of charge. Now? Why? At a program rate/official rate at 1310? They didn't do that at 1166 or 1182 or 1190 or 1460...Why? Because that's not a reality. Something's going to change. All this work you're seeing being done is a key component of going international. When the Rafidain State Bank is going to electronic payment devices...free of charge until 2023, pretty obvious things are happening...
5-5-2023 Intel Guru MarkZ [via PDK] “Iraq to resume oil exports to Jordon” Many many articles showing they are international now...if you are international you need an international currency and a international banking system
5-5-2023 Guru Nader From The Mid East Last Friday in the mosques they talked about the new papers...they said the government is going to announce soon new money. Money can be the 20,000...I don't know...When they say soon it can be a month, it can be a week. Exactly time I don't know.
5-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The streets are still eager and they still have protests scheduled for Saturday to begin at the CBI headquarters so we wait.
5-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [2. ATMs in private banks linked internationally] Every Private bank of the Central Bank of Iraq will have 2 ATMs. You know our firm has 6 banks. 4 in Jordon and 2 in Baghdad. The two banks in Baghdad unveiled their 2 new ATMs. Citizens can see them. One of those ATMs is mobile. The other ATM is permanently stationed outside of the bank on the wall of the bank...there is a decal on the face...the decal depicts the denomination information. It is just words right now...it says, 'Iraqi citizens will soon be able to get from the ATM machines a 1, 5, 10, 20 etc'...both of the ATMs will be accompanied with a dedicated person 24/7 to train customers on how to use the ATMs once they go online... [Post 2 of 8....stay tuned]
5-5-2023 Newshound Guru Clare Article: "Al-Rafidain supports all state institutions and the private sector with POS devices for free" Quote: "...the decisions of the Central Bank of Iraq to move To electronic cash, starting from (June 1, 2023)"
5-5-2023 Newshound/Intel Guru Mnt Goat ...We will soon know one way or the other if all this fuss about the dinar was really about a reinstatement or not. I can only go by what I am told and what I read in the news. For me we should expect to see a major revaluation of at least between 1.00 - 1.50 dinars to the dollar. The articles told us and as the prime minister told the citizens, the dinar is worth much more than the dollar. If you pay attention, it does not take a rocket scientist to see that early June is significant for the currency and the economy of Iraq. Something BIG is about to change Iraq forever.
5-5-2023 Intel Guru MarkZ [via PDK] From the CBI in Iraq…this important to note: “For the purposed of strengthening the supervisory system of the money laundering and terrorist financing report unit and all licensed companies, scenarios have been prepared for money laundering and terrorist financing systems that are compatible with the financial work environment of Iraq” This sets the stage for them to be able to execute the rate change and make certain that none of the money goes where it shouldn’t…like re-hypothicating rats. Basically they have put in place the controls necessary for exchanges and so it does not go to the wrong place. They are spelling it out for us.
5-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Follow up to Walkingstick's CBI minutes #1 post below] Do you remember 3 or 4 years ago when [Guru] Walkingstick's firm was selected by the Central Bank of Iraq as part of a testing with 2 sets of books? One accounting book was to pay the employees of the firm in USDs. The other was to be kept private to pay the Iraqi citizens in IQDs. This was called the RV Phase Recalculate, Recalculate, Recalculate of the exchange rate. The test was successful ...it took all those years for what we told you to finally come out. The books were paying the Iraqi citizens in IQDs instead of American dollars. The other book that was open was paying in American dollars to their employees. The test was to see what exchange rate is capable of sustaining the Iraqi dinar.
5-4-2023 Intel Guru MarkZ [via PDK] They are telling them in the mosques to be prepared for new paper. They are referring to “new Currency” New paper money…new bills...They will be different, they will look different, and they will feel different. They are bringing the people up to speed. They are not giving them a “when” yet. But, they are telling them it’s in the very near future. And they need to be prepared because its coming at any time...I keep hearing from all my contacts there…including contacts inside the government…That they have indeed already passed the budget and are waiting to announce it…it is done. I agree…they are clearly making provisions for HCL and oil deliveries and things are moving forward... Based on the rhetoric coming out of Iraq I am confident we will see great value in the extreme near future.
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5-4-2023 Guest Guru Trader "Net short-term capital gains are subject to taxation as ordinary income at graduated tax rates"...directly from the actual official IRS.Gov Tax Topic #409; pages 1-2. My research also shows the following statement of fact in: IRS Publication 525; Taxable and Nontaxable Income - page 34; "Foreign currency transactions. If you have a gain on a personal foreign currency transaction because of changes in exchange rates, you don't have to include that gain in your income unless it's more than $200. If the gain is more than $200, report it as a capital gain." [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances and exchange strategy.]
5-4-2023 Guest Guru Trader [Tax Story] I met with my C.P.A. firm here in Tucson, Arizona on April 3rd, for a billable 1-hour. He stated to me that this investment in foreign currencies, upon exchange, will be taxed at the Capital Gains rates, which can range from 0% to 20% in tax year 2023, depending on the taxpayer's income, marital & filing status, & the length of the holding period of the investment. Holdings over 1-year are taxed as Long-Term Capital Gains, but if the holding period is under 1-year: [Post 1 of 2....stay tuned] [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances and exchange strategy.]
5-4-2023 Guru Nader From The Mid East I'm going to try to give you the best I can because I've been busy for a couple of days, not working...working at home, traveling a little bit in Iraq...We're almost there I promise. Just a little patient. A couple more weeks okay, everybody will be happy.
5-4-2023 Newshound Guru Deepwoodz The only thing that makes sense to me at this point is that they chose 1310 for a reason and not just some random number or percentage. Once they achieve symbiosis of rate at the current 1310, then they drop the zeros at that point. Why else would you have chosen that lame number in the first place? Right? Right.
5-4-2023 Intel Guru Frank26 Article: "The Central Bank participates in a workshop to support the proliferation of points of sale (pos)" Quote: "Deputy Governor, Mr. Faisal Al-Haimus, stated that this bank is the best support for the private sector participating in the paradigm shift...The reality is that this cooperation will soon reap its positive fruits" It's a paradigm shift. Heck yeah! ...to have something so dramatic from a program rate to a float on your currency that only would add value to it on a constant basis?!? Paradigm shift is right! Holy guacamole! This is fantastic article...they're talking about the new small category notes that's the only paradigm shift that's occurring I promise you. The Monetary reform takes the IQD into a new dimension
5-4-2023 Newshound Guru Militia Man We hear there is a time frame for them to have the whole country...online electronically sometime around June 1st...that's what we're hearing. It's not necessarily in writing, cut in stone but effectively based on what we're getting from the banking side of the equation...
5-4-2023 Intel Guru MarkZ [via PDK] I am excited. Excited about today…excited about where we are headed…excited about all the progress we are seeing… I continue to hear from a lot of different sources like contractors and in the finance ministry over there…that there is a lot of pressure on…and they seem to have a goal in mind somewhere around May 10th…but it could happen before that. None of us know the exact timing. We are guessing based on what we see and hear. All of the indicators are very solid right now. These are exciting times…frustrating…but exciting.
5-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] These 8 points are from the minute notes from the latest CBI and their private banks meeting that they had last week. The individuals [who got them] were at the executive level. 1. The subject was about employees are now paid in IQDs throughout Iraq] because it is their national currency. They are proud of the monetary reform success. [Post 1 of 8....stay tuned]
5-4-2023 Intel Guru Bruce [via WiserNow] They have been paying and they've acknowledged now that they're paying their contractors, their retirees - their military in new Iraqi dinar at the revalued rate...We talked about lower denominations of dinar is in the ATM ready to go...We know people personally that have exchanged in Iraq that are Iraqi citizens - we know that firsthand. So things are moving along nicely...
5-4-2023 Newshound/Intel Guru Mnt Goat ...we are close and Iraq is moving in the right direction. We have never seen such progress before in the direction we are looking for. But let’s not over-speculate. There is still much to be done but they will get there. I am still holding firm that we could see a reinstatement before June. The evidence is now right in front of our noses. Let’s see what happens before now and then...
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5-3-2023 Intel Guru Frank26 Financial Inclusion includes you [dinar investors].
5-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] Currency swaps are in motion with a number of countries right now. The IQD will be asset-backed before it hits Forex.
5-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-3-2023 Newshound Guru Clare Article: "Najaf Airport: adopting dinars exclusively for tickets for passengers" Quote: "We would like to inform you that the management of Al-Najaf Al-Ashraf International Airport has directed a decision that it is necessary to receive the sums due from Iraqi Airways passengers exclusively in Iraqi dinars and at the official rate of the Central Bank of Iraq"
5-3-2023 Intel Guru Bruce [via WiserNow] This is this is probably the strongest Intel I think I've ever had in 12 years. So let's go for it. Okay...so where do we stand with Iraq...They have a new rate, they have had a new rate. They've been doing exchanges inside Iraq for at least I think three weeks now. They are going to publish their new Iraqi dinar rate in their Gazette...They may have already done it on the online version...when they put that rate out for all to see, even us, United States...that means it's a go for Iraq...that rate may show up on forex and they'll be trading on the Forex with their new international rate.
5-3-2023 Newshound Guru Pimpy There's really not a whole lot going on in Iraq. We keep monitoring it. We're really just waiting for the budget to pass. Once it passes I'm curious to see what happens as far as their GDP is concerned and the growth economically...
5-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within a few weeks the street rate will be the same as the official rate...Street rate already getting at like 1390 and the official is 1310. FRANK: Yes the CBI is shooting for 1310/1320 to be parallel with...Once they reach that next level you will see a drop even more, probably at 1100 or 1000. Remember they told you very clearly, it's a gradual increase for the dinar and a gradual decrease for the American dollar to the point where it is no longer used in your country because you are about to have a new national currency with a new exchange rate and coins in order to be able to give change back.
5-3-2023 Intel Guru MarkZ [via PDK] From Iraq: “Iraqi dinar gains ground as US dollar exchange rate drops” The dinar continues to gain strength and the dollar continues to lose strength in their local markets.
5-3-2023 Newshound Guru Militia Man [Financial Inclusion] This is all about what? Finance, Banking and Trade. That's what they're telling us so ultimately the whole situation that we're up against in the next couple of days and this week has been and will be about training for the government officials, member countries...Institute for training and capacity building that's their goal...
5-3-2023 Newshound Guru Sandy Ingram Article: "Central: Paying the wages and salaries of foreign workers in Iraqi dinars" Iraq divorcing the US dollar. CBI to pay foreign workers in Iraqi dinars.
5-3-2023 Newshound/Intel Guru Mnt Goat ...back to the Dr. Shabibi days, when he was the director of the CBI, he told us that there must be stability and security for the “project to delete the zeros”... he told us the dinar must be stable. Part of this stability he said meant that it must stabilize at a rate matching the parallel market rate with a variance of only 2%...This was back in 2011-2012 folks... He was about to de-peg from the dollar and begin the project to delete the zeros when Nori al-Maliki corruption stopped it...So, once again in today’s news we have word of this same requirement... They have to follow the same plan. Only now they have already de-pegged from the dollar and much farther ahead, almost to a point of no return...
5-3-2023 Intel Guru Frank26 The CBI is meeting with everybody that you can think of...IMF, World Bank, US treasury is back again. It's going on like crazy.
5-3-2023 Intel Guru MarkZ “Al-Sudani meets with a German delegation and confirms the signing of the first batch of contracts with Siemans and preparations for the signing of the second batch of them.” ...Siemans is a huge company. And they are being paid in DINAR!!! This is very important.
5-3-2023 Intel Guru Frank26 Financial Inclusion includes you [dinar investors].
5-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] Currency swaps are in motion with a number of countries right now. The IQD will be asset-backed before it hits Forex.
5-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-3-2023 Newshound Guru Clare Article: "Najaf Airport: adopting dinars exclusively for tickets for passengers" Quote: "We would like to inform you that the management of Al-Najaf Al-Ashraf International Airport has directed a decision that it is necessary to receive the sums due from Iraqi Airways passengers exclusively in Iraqi dinars and at the official rate of the Central Bank of Iraq"
5-3-2023 Intel Guru Bruce [via WiserNow] This is this is probably the strongest Intel I think I've ever had in 12 years. So let's go for it. Okay...so where do we stand with Iraq...They have a new rate, they have had a new rate. They've been doing exchanges inside Iraq for at least I think three weeks now. They are going to publish their new Iraqi dinar rate in their Gazette...They may have already done it on the online version...when they put that rate out for all to see, even us, United States...that means it's a go for Iraq...that rate may show up on forex and they'll be trading on the Forex with their new international rate.
5-3-2023 Newshound Guru Pimpy There's really not a whole lot going on in Iraq. We keep monitoring it. We're really just waiting for the budget to pass. Once it passes I'm curious to see what happens as far as their GDP is concerned and the growth economically...
5-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within a few weeks the street rate will be the same as the official rate...Street rate already getting at like 1390 and the official is 1310. FRANK: Yes the CBI is shooting for 1310/1320 to be parallel with...Once they reach that next level you will see a drop even more, probably at 1100 or 1000. Remember they told you very clearly, it's a gradual increase for the dinar and a gradual decrease for the American dollar to the point where it is no longer used in your country because you are about to have a new national currency with a new exchange rate and coins in order to be able to give change back.
5-3-2023 Intel Guru MarkZ [via PDK] From Iraq: “Iraqi dinar gains ground as US dollar exchange rate drops” The dinar continues to gain strength and the dollar continues to lose strength in their local markets.
5-3-2023 Newshound Guru Militia Man [Financial Inclusion] This is all about what? Finance, Banking and Trade. That's what they're telling us so ultimately the whole situation that we're up against in the next couple of days and this week has been and will be about training for the government officials, member countries...Institute for training and capacity building that's their goal...
5-3-2023 Newshound Guru Sandy Ingram Article: "Central: Paying the wages and salaries of foreign workers in Iraqi dinars" Iraq divorcing the US dollar. CBI to pay foreign workers in Iraqi dinars.
5-3-2023 Newshound/Intel Guru Mnt Goat ...back to the Dr. Shabibi days, when he was the director of the CBI, he told us that there must be stability and security for the “project to delete the zeros”... he told us the dinar must be stable. Part of this stability he said meant that it must stabilize at a rate matching the parallel market rate with a variance of only 2%...This was back in 2011-2012 folks... He was about to de-peg from the dollar and begin the project to delete the zeros when Nori al-Maliki corruption stopped it...So, once again in today’s news we have word of this same requirement... They have to follow the same plan. Only now they have already de-pegged from the dollar and much farther ahead, almost to a point of no return...
5-3-2023 Intel Guru Frank26 The CBI is meeting with everybody that you can think of...IMF, World Bank, US treasury is back again. It's going on like crazy.
5-3-2023 Intel Guru MarkZ “Al-Sudani meets with a German delegation and confirms the signing of the first batch of contracts with Siemans and preparations for the signing of the second batch of them.” ...Siemans is a huge company. And they are being paid in DINAR!!! This is very important.
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5-2-2023 Intel Guru Frank26 Article: "Financial inclusion activities will start tomorrow to introduce banking services and reduce cash flow" CITIZEN'S MONETARY REFORM IS SERIOUS!
5-2-2023 Newshound Guru Pimpy Iraq's doing everything they can to just tread water for now and doing a pretty good job if you ask me. Iraq has $115 billion in reserve assets. That's awesome. Plus you add that to the gold I'd say they're doing pretty good.
5-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-2-2023 Intel Guru MarkZ From Iraq: “Full Cabinet decisions at today’s meetings.” Today they were making decisions and moving money, changing ministers and all sorts of things today. They are making decisions in today’s meeting that requires a budget to be done. This leads me to think the budget is already done and they are waiting to announce it along with the new rate.
5-2-2023 Guru Nader From The Mid East Article Quote: "...Foreign currency sale window platform...The growth has helped in reducing the gap between the official and parallel exchange rate significantly over the past days. The growth rate of banks participating in the platform reached 155% while demand levels raise from 42 request per week to about 1,280 requests...volume amounts for these requests rose from approximately $44 million per week to more than $490 million per week..." I follow Mohamed Salih he's very good. And a second one it's the CBI.
5-2-2023 Newshound Guru Sandy Ingram The 2nd International Conference on Real Estate and Investment kicked off in Baghdad on Yesterday May 1st. Baghdad is entertaining neighboring countries and foreign counties to encourage investment in the area. Iraq is on a roll of progress.
5-2-2023 Newshound Guru Deepwoodz Is dropping the zeros even in play here? Any articles saying so? If not, it’s going to be some time at the current rate of progress to get 1-1.5. That’s why I question the significance of becoming parallel. Is that part of being compliant that will facilitate a larger jump?
5-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi Bank Friend Aki's CBI meeting report] WALKINGSTICK: Employees are now paid in IQD throughout Iraq. FRANK: What does it mean? It means they're Article VIII...that the currency of Iraq has a new value to it and they know it. WALKINGSTICK: ATM machines are in the private banks are now linked internationally all around the world...the tender for the new national currency and the coins has been fulfilled and it will be done by DeLaRue... The exchanges that will occur through the ISX and the ESX, that date was given in order to start trading internationally. FRANK: I'm very curious to know when that date is...! WALKINGSTICK: The introduction of the notes and coins was given. Mining operation contracts rolling in now. All of them paid in Iraqi dinars...
5-2-2023 Intel Guru MarkZ [via PDK] ...the Iraqi dinar...was valued at $4.04 against the USD in the late 90’s. Then it cratered with all the sanctions against it after they invaded Kuwait. Everytime they have revalued their currency over the years…they have not just dropped zeros…the value changes and you come out ahead. …They have significantly changed values 3 times over the last 100 years...Similar to the value change we are all looking for right now.
5-2-2023 Newshound Guru Militia Man Financial inclusion is starting tomorrow. How long is it going to take...they said about a week...Banks are going to be reviewing banking services to customers, the use of electronic banking tools, point of sale devices which could include ATMs and the culture of electronic payments...the government seeks to generalize the experience to all public and private sector institutions...they're basically saying if you want your new value...you're going to have to have bank accounts. You're going to have to do it electronically and you're probably going to have to do it whether you like it or not...
5-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They said the CBI tomorrow launches a new campaign... making more services available to citizens like electronic payments, new bank accounts, open loans, new cards etc...all things to reduce cash...The governor announced all payments of salaries to foreign workers inside of Iraq will be done in dinars, plus all taxes and insurances must be paid in from now on in dinars. FRANK: The national currency is about to come out and the new exchange rate. All of these things have to be set up now. You can't introduce a new exchange rate and new currency [without these things being done first] ...this is the definition of your monetary reform education...
5-2-2023 Newshound/Intel Guru Mnt Goat Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER" I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”
5-2-2023 Intel Guru MarkZ Question: Is this our week Mark? MarkZ answer: Even though I keep getting egg on my face…I do believe this could be our week.
5-2-2023 Intel Guru Frank26 Article: "Financial inclusion activities will start tomorrow to introduce banking services and reduce cash flow" CITIZEN'S MONETARY REFORM IS SERIOUS!
5-2-2023 Newshound Guru Pimpy Iraq's doing everything they can to just tread water for now and doing a pretty good job if you ask me. Iraq has $115 billion in reserve assets. That's awesome. Plus you add that to the gold I'd say they're doing pretty good.
5-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-2-2023 Intel Guru MarkZ From Iraq: “Full Cabinet decisions at today’s meetings.” Today they were making decisions and moving money, changing ministers and all sorts of things today. They are making decisions in today’s meeting that requires a budget to be done. This leads me to think the budget is already done and they are waiting to announce it along with the new rate.
5-2-2023 Guru Nader From The Mid East Article Quote: "...Foreign currency sale window platform...The growth has helped in reducing the gap between the official and parallel exchange rate significantly over the past days. The growth rate of banks participating in the platform reached 155% while demand levels raise from 42 request per week to about 1,280 requests...volume amounts for these requests rose from approximately $44 million per week to more than $490 million per week..." I follow Mohamed Salih he's very good. And a second one it's the CBI.
5-2-2023 Newshound Guru Sandy Ingram The 2nd International Conference on Real Estate and Investment kicked off in Baghdad on Yesterday May 1st. Baghdad is entertaining neighboring countries and foreign counties to encourage investment in the area. Iraq is on a roll of progress.
5-2-2023 Newshound Guru Deepwoodz Is dropping the zeros even in play here? Any articles saying so? If not, it’s going to be some time at the current rate of progress to get 1-1.5. That’s why I question the significance of becoming parallel. Is that part of being compliant that will facilitate a larger jump?
5-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi Bank Friend Aki's CBI meeting report] WALKINGSTICK: Employees are now paid in IQD throughout Iraq. FRANK: What does it mean? It means they're Article VIII...that the currency of Iraq has a new value to it and they know it. WALKINGSTICK: ATM machines are in the private banks are now linked internationally all around the world...the tender for the new national currency and the coins has been fulfilled and it will be done by DeLaRue... The exchanges that will occur through the ISX and the ESX, that date was given in order to start trading internationally. FRANK: I'm very curious to know when that date is...! WALKINGSTICK: The introduction of the notes and coins was given. Mining operation contracts rolling in now. All of them paid in Iraqi dinars...
5-2-2023 Intel Guru MarkZ [via PDK] ...the Iraqi dinar...was valued at $4.04 against the USD in the late 90’s. Then it cratered with all the sanctions against it after they invaded Kuwait. Everytime they have revalued their currency over the years…they have not just dropped zeros…the value changes and you come out ahead. …They have significantly changed values 3 times over the last 100 years...Similar to the value change we are all looking for right now.
5-2-2023 Newshound Guru Militia Man Financial inclusion is starting tomorrow. How long is it going to take...they said about a week...Banks are going to be reviewing banking services to customers, the use of electronic banking tools, point of sale devices which could include ATMs and the culture of electronic payments...the government seeks to generalize the experience to all public and private sector institutions...they're basically saying if you want your new value...you're going to have to have bank accounts. You're going to have to do it electronically and you're probably going to have to do it whether you like it or not...
5-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They said the CBI tomorrow launches a new campaign... making more services available to citizens like electronic payments, new bank accounts, open loans, new cards etc...all things to reduce cash...The governor announced all payments of salaries to foreign workers inside of Iraq will be done in dinars, plus all taxes and insurances must be paid in from now on in dinars. FRANK: The national currency is about to come out and the new exchange rate. All of these things have to be set up now. You can't introduce a new exchange rate and new currency [without these things being done first] ...this is the definition of your monetary reform education...
5-2-2023 Newshound/Intel Guru Mnt Goat Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER" I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”
5-2-2023 Intel Guru MarkZ Question: Is this our week Mark? MarkZ answer: Even though I keep getting egg on my face…I do believe this could be our week.
5-1-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
5-1-2023 Newshound Guru Deepwoodz ...Why choose 1310 at all? Doesn’t compute in my mind...They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they can’t make an equal jump back…because they don’t want to yet. So what are they waiting on? And if you think de-dollarize, wouldn’t making your currency more valuable (with the IMF’s consent) instantly cause all the citizens to forget the dollar?
5-1-2023 Intel Guru Frank26 I don't know when it [The Iraqi dinar rate] will be capped...I don't know when it's going to stop with the cap. You must determine that. It's your stewardship/responsibility. I will say this, Middle Eastern currencies are all $3+...
5-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-1-2023 Intel Guru MarkZ [via PDK] Article: ”The State Administration sets a deadline of 10 days for resolving discussions on the budget” If they are putting this out this means they are way ahead of that timeline now…. They put out dates to keep the timing cloudy. Question: Do you expect a new rate inside the budget? MarkZ answer: I expect to see it about the same time…. HCL needs that rate. (The Hydrocarbon law)
5-1-2023 Newshound Guru Clare Article: "In the presence of Al-Sudani and Al-Halbousi.. The state administration sets a date for resolving the budget discussions” Quote: "May 10, 2023 as the last resort to resolve discussions on budget items...The meeting was attended by the Prime Minister, Speaker of Parliament and all leaders of the coalition."
5-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The basket that they have chosen to be in is probably the safest way to start the float - at 1.5...or the CBI can come out and say, 'We're done.' And come out with the new small category notes...at a full 100% asset backed after the onset instead. What do you want to start at $3.50? Ok fine. They can do that if they wanted to. Would they do that? They can.
5-1-2023 Newshound Guru Samson Article: ”Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.”
5-1-2023 Intel Guru Frank26 Article: "Central: Payment of wages and salaries of foreign workers in Iraqi dinars" THE CBI SAYS TO THE INTERNATIONAL WORLD YOU CAN TRUST OUR NATIONAL CURRENCY & BECAUSE OF ARTICLE 8 WE CAN TRUST YOUR FOREIGN CURRENCY IN OUR COUNTRY.
5-1-2023 Newshound Guru Deepwoodz ...We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town...the fact that he is quiet now only means whatever made him leave is still in effect. Now we have a lot of promises, but do we really? Parallel rates? 1310? So they took a mile and are giving back an inch. No wonder Iran isn’t causing any more trouble. They don’t have to...All I want to know is why 1310.
5-1-2023 Intel Guru MarkZ [via PDK] It appears they have made a massive change on how they are paying people internationally. It looks like 1 USD only buys 151 dinars which would be a massive change in value over the weekend. Although they have not yet announced a price change. And it is not yet on forex…It’s a crazy thing-what they are doing. Based on this I am expecting huge movement at any moment. I have friends that are contractors over there and they used to get paid in US dollars. Now they are only paid in dinar…. We are really close. [Post 2 of 2]
5-1-2023 Intel Guru MarkZ [via PDK] Many of us believe the budget and HCL is done…just needing to be announced with the new rate…many of us are hearing this from on the ground contacts in Iraq. It was expected they would announce this over the weekend in Iraq…but they have not yet. The IMF is showing the special drawing rights (SDR) of the Iraqi dinar... Saying a Nominal effective exchange rate (NEER) and there is already a float going on… [Post 1 of 2....stay tuned]
5-1-2023 Newshound Guru Pimpy There seems to be a lot of stalling happening when it comes to the budget and I'm wondering if they're just waiting to see what the United States is going to do as far as the Central Bank Digital Currency is concerned. Are they just waiting for the United States to move into the CBDC? Because if they're supposed to be the currency that they use then guess who else has to go into the CBDC's. Everybody else over there...
5-1-2023 Intel Guru Frank26 They [The Iraqi citizens] know. They're drilling it [that change is coming to the dinar] into them everyday, hour after hour, commercial after commercial. It cannot fail with the Iraqi citizens.
5-1-2023 Guest Guru CANDYKISSES TODAY IS A HOLIDAY IN IRAQ..."Iraq suspends official working hours on Monday on the occasion of Labor Day ... The Iraqi Prime Minister, Muhammad Shia'a Al-Sudani, directed the suspension of official working hours on Monday, May 1, coinciding with International Workers' Day."
5-1-2023 Newshound Guru Deepwoodz ...Why choose 1310 at all? Doesn’t compute in my mind...They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they can’t make an equal jump back…because they don’t want to yet. So what are they waiting on? And if you think de-dollarize, wouldn’t making your currency more valuable (with the IMF’s consent) instantly cause all the citizens to forget the dollar?
5-1-2023 Intel Guru Frank26 I don't know when it [The Iraqi dinar rate] will be capped...I don't know when it's going to stop with the cap. You must determine that. It's your stewardship/responsibility. I will say this, Middle Eastern currencies are all $3+...
5-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-1-2023 Intel Guru MarkZ [via PDK] Article: ”The State Administration sets a deadline of 10 days for resolving discussions on the budget” If they are putting this out this means they are way ahead of that timeline now…. They put out dates to keep the timing cloudy. Question: Do you expect a new rate inside the budget? MarkZ answer: I expect to see it about the same time…. HCL needs that rate. (The Hydrocarbon law)
5-1-2023 Newshound Guru Clare Article: "In the presence of Al-Sudani and Al-Halbousi.. The state administration sets a date for resolving the budget discussions” Quote: "May 10, 2023 as the last resort to resolve discussions on budget items...The meeting was attended by the Prime Minister, Speaker of Parliament and all leaders of the coalition."
5-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The basket that they have chosen to be in is probably the safest way to start the float - at 1.5...or the CBI can come out and say, 'We're done.' And come out with the new small category notes...at a full 100% asset backed after the onset instead. What do you want to start at $3.50? Ok fine. They can do that if they wanted to. Would they do that? They can.
5-1-2023 Newshound Guru Samson Article: ”Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.”
5-1-2023 Intel Guru Frank26 Article: "Central: Payment of wages and salaries of foreign workers in Iraqi dinars" THE CBI SAYS TO THE INTERNATIONAL WORLD YOU CAN TRUST OUR NATIONAL CURRENCY & BECAUSE OF ARTICLE 8 WE CAN TRUST YOUR FOREIGN CURRENCY IN OUR COUNTRY.
5-1-2023 Newshound Guru Deepwoodz ...We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town...the fact that he is quiet now only means whatever made him leave is still in effect. Now we have a lot of promises, but do we really? Parallel rates? 1310? So they took a mile and are giving back an inch. No wonder Iran isn’t causing any more trouble. They don’t have to...All I want to know is why 1310.
5-1-2023 Intel Guru MarkZ [via PDK] It appears they have made a massive change on how they are paying people internationally. It looks like 1 USD only buys 151 dinars which would be a massive change in value over the weekend. Although they have not yet announced a price change. And it is not yet on forex…It’s a crazy thing-what they are doing. Based on this I am expecting huge movement at any moment. I have friends that are contractors over there and they used to get paid in US dollars. Now they are only paid in dinar…. We are really close. [Post 2 of 2]
5-1-2023 Intel Guru MarkZ [via PDK] Many of us believe the budget and HCL is done…just needing to be announced with the new rate…many of us are hearing this from on the ground contacts in Iraq. It was expected they would announce this over the weekend in Iraq…but they have not yet. The IMF is showing the special drawing rights (SDR) of the Iraqi dinar... Saying a Nominal effective exchange rate (NEER) and there is already a float going on… [Post 1 of 2....stay tuned]
5-1-2023 Newshound Guru Pimpy There seems to be a lot of stalling happening when it comes to the budget and I'm wondering if they're just waiting to see what the United States is going to do as far as the Central Bank Digital Currency is concerned. Are they just waiting for the United States to move into the CBDC? Because if they're supposed to be the currency that they use then guess who else has to go into the CBDC's. Everybody else over there...
5-1-2023 Intel Guru Frank26 They [The Iraqi citizens] know. They're drilling it [that change is coming to the dinar] into them everyday, hour after hour, commercial after commercial. It cannot fail with the Iraqi citizens.
5-1-2023 Guest Guru CANDYKISSES TODAY IS A HOLIDAY IN IRAQ..."Iraq suspends official working hours on Monday on the occasion of Labor Day ... The Iraqi Prime Minister, Muhammad Shia'a Al-Sudani, directed the suspension of official working hours on Monday, May 1, coinciding with International Workers' Day."
4-30-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-30-2023 Newshound Guru Militia Man I get information just like everybody else in this [dinar community] realm - by education, by communication, by phone conversations, interviews. All this stuff goes into real-time data is that you interview the experts...people that are involved. Not all of it is in print.
4-30-2023 Newshound Guru Deepwoodz Article: "Finance Committee: The draft salary scale amendment is in the hands of the Council of Ministers and we support" Along with all the technology updates and platforms now in place, a couple other aspects I would ASSume require attention, are the salary scale and consumer product pricing that would need adjustments, and why the salary scale has been mentioned lately...salaries would have to be commensurate with a substantial rate change. AND, the POS devices would have to be connected in such a way as to make their calculations in an instant. I don’t think that’s how it works here in the U. S. but this isn’t an everyday event either...
4-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-30-2023 Guru Nader From The Mid East They said everything is done. They're waiting for what? I don't know. For the budget? I don't know. They're waiting for the new categories? I don't know. They're not saying anything about the new categories. They're not saying anything about nothing. So we'll see what's going on...
4-30-2023 Newshound Guru Clare Question: "Are they saying the vote before or after their vacation?" Clare Answer: PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH... BUT NOW PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED. HOPEFULLY THAT GIVES THEM INCENTIVE TO HURRY UP & SCHEDULE THE 3RD VOTE. BUT THEY ARE DEFINITELY WORKING ON THE NUMBERS. Question: "But we’ve been told/lead to believe, that the BUDGET WAS DONE?" Clare Answer: IT IS DONE ... THEY HAVE TO GO THROUGH THE FORMALITIES IMO ONLY. THEY'VE HAD TWO READINGS ALREADY...
4-30-2023 Newshound Guru Militia Man They're saying the dollar is going to continuously decline because of this new budget. So prior to that new budget which is expected in the coming days, we should see something happen that could be in our best interest...
4-30-2023 Intel Guru MarkZ [via PDK] Member Question: Mark do you think we will still be here waiting on June 1st? MarkZ answer: I don’t think so. But then I didn’t think we would still be here looking at May 1st...
4-30-2023 Newshound Guru Deepwoodz [Response to Guru Paulette below] ...When they went to 1460 they were out of compliance the opposite direction. Then, they went to 1310 on a whim, and that put them out of 2% compliance. Now everyone in the world is supposed to wait and see if they can attain symmetry from 1310? Why 1310? Why not 500 or 1000? Why not choose a 1-1 rate to begin with in an internal float? Out of compliance either way till you're not...Why slap them [citizens] with a worse rate than they had two years ago to attain symmetry? Why not give them something to be proud of at the onset instead of a completely Iranian idea of a value? ...It just doesn’t make sense to me.
4-30-2023 Guest Guru Docmagee94 Here is a partial list of the Strongest Currencies in the world right now, and their value to USD. Enjoy the top 4 if you will: 1. Kuwati Dinar - 1 KWD = 3.26 USD. 2. Bahraini Dinar - 1 BHD = 2.65 USD. 3. Omani Rial - 1 OMR = 2.60 USD. 4. Jordanian Dinar - 1 JOD = 1.41 USD. IMO, Iraqi Dinar could soon be in the top 10, if not top 5, most valuable currencies in the world. And what do they all have in common? Backed by assets.
4-30-2023 Newshound Guru Paulette I have watched the Market Rate for almost 15 years. IMF Article 8 compliance requires no Multi Currency Practice. A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8. Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate. The new verbiage of "Parallel Rate" has made this seem as a new issue ...Saleh has now stated this twice recently. The real question is how long must they maintain the 2%...90 days. I never saw this printed in Article 8.... Considering all we are being told, I don't accept the 90 day theory.
4-30-2023 Intel Guru Goldilocks The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Their recent Banking Reforms have allowed movements towards establishing banking protocols. It puts them into a position of having a set of standards allowing them to move into the International stage. Iraq's currency is backed by gold. This is their moment...
4-30-2023 Newshound Guru Militia Man I get information just like everybody else in this [dinar community] realm - by education, by communication, by phone conversations, interviews. All this stuff goes into real-time data is that you interview the experts...people that are involved. Not all of it is in print.
4-30-2023 Newshound Guru Deepwoodz Article: "Finance Committee: The draft salary scale amendment is in the hands of the Council of Ministers and we support" Along with all the technology updates and platforms now in place, a couple other aspects I would ASSume require attention, are the salary scale and consumer product pricing that would need adjustments, and why the salary scale has been mentioned lately...salaries would have to be commensurate with a substantial rate change. AND, the POS devices would have to be connected in such a way as to make their calculations in an instant. I don’t think that’s how it works here in the U. S. but this isn’t an everyday event either...
4-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-30-2023 Guru Nader From The Mid East They said everything is done. They're waiting for what? I don't know. For the budget? I don't know. They're waiting for the new categories? I don't know. They're not saying anything about the new categories. They're not saying anything about nothing. So we'll see what's going on...
4-30-2023 Newshound Guru Clare Question: "Are they saying the vote before or after their vacation?" Clare Answer: PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH... BUT NOW PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED. HOPEFULLY THAT GIVES THEM INCENTIVE TO HURRY UP & SCHEDULE THE 3RD VOTE. BUT THEY ARE DEFINITELY WORKING ON THE NUMBERS. Question: "But we’ve been told/lead to believe, that the BUDGET WAS DONE?" Clare Answer: IT IS DONE ... THEY HAVE TO GO THROUGH THE FORMALITIES IMO ONLY. THEY'VE HAD TWO READINGS ALREADY...
4-30-2023 Newshound Guru Militia Man They're saying the dollar is going to continuously decline because of this new budget. So prior to that new budget which is expected in the coming days, we should see something happen that could be in our best interest...
4-30-2023 Intel Guru MarkZ [via PDK] Member Question: Mark do you think we will still be here waiting on June 1st? MarkZ answer: I don’t think so. But then I didn’t think we would still be here looking at May 1st...
4-30-2023 Newshound Guru Deepwoodz [Response to Guru Paulette below] ...When they went to 1460 they were out of compliance the opposite direction. Then, they went to 1310 on a whim, and that put them out of 2% compliance. Now everyone in the world is supposed to wait and see if they can attain symmetry from 1310? Why 1310? Why not 500 or 1000? Why not choose a 1-1 rate to begin with in an internal float? Out of compliance either way till you're not...Why slap them [citizens] with a worse rate than they had two years ago to attain symmetry? Why not give them something to be proud of at the onset instead of a completely Iranian idea of a value? ...It just doesn’t make sense to me.
4-30-2023 Guest Guru Docmagee94 Here is a partial list of the Strongest Currencies in the world right now, and their value to USD. Enjoy the top 4 if you will: 1. Kuwati Dinar - 1 KWD = 3.26 USD. 2. Bahraini Dinar - 1 BHD = 2.65 USD. 3. Omani Rial - 1 OMR = 2.60 USD. 4. Jordanian Dinar - 1 JOD = 1.41 USD. IMO, Iraqi Dinar could soon be in the top 10, if not top 5, most valuable currencies in the world. And what do they all have in common? Backed by assets.
4-30-2023 Newshound Guru Paulette I have watched the Market Rate for almost 15 years. IMF Article 8 compliance requires no Multi Currency Practice. A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8. Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate. The new verbiage of "Parallel Rate" has made this seem as a new issue ...Saleh has now stated this twice recently. The real question is how long must they maintain the 2%...90 days. I never saw this printed in Article 8.... Considering all we are being told, I don't accept the 90 day theory.
4-30-2023 Intel Guru Goldilocks The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Their recent Banking Reforms have allowed movements towards establishing banking protocols. It puts them into a position of having a set of standards allowing them to move into the International stage. Iraq's currency is backed by gold. This is their moment...
4-29-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-29-2023 Newshound Guru Militia Man At this stage of the game...everybody should be smiling, going, ' Iraq 's finally coming to the open market.' What we're looking for is the Forex - the Iraqi dinar to be exposed to the international world at an internationally acceptable exchange rate. We're probably going to see that, I would hope, any time. It's pretty powerful stuff.
4-29-2023 Newshound Guru Deepwoodz All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq ...They are squeezing out the dollars. This eliminates the multi currency practice that goes against becoming article 8 compliant. I found it interesting that a country only has to notify the IMF that they will comply with article 8 to be article 8. Then simply comply.
4-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-29-2023 Intel Guru MarkZ [via PDK] I have started getting some notifications late last night and this morning that tier 1 is officially paying. I have a very good T1 contact and Im trying to get a hold of them to find out if this is accurate. If it is- that tells us that a cascade of events has sped up and we are on the cusp.
4-29-2023 Intel Guru Frank26 I have a better idea of when to hold'm and when to fold'm. Because at $1.50 I'm already half way there to the $3 I was seeking. In reality I wouldn't be surprised if this thing goes into the $4 range.
4-29-2023 Newshound Guru Walkingstick [via Frank26] The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us.
4-29-2023 Newshound Guru Militia Man Iraq's new banking system is going to be all about them facilitating international trade...They've got their systems to the point where there's internationally compliant...in compliance with the IMF regulatory requirements.
4-29-2023 Intel Guru MarkZ [via PDK] There are a lot of conflicting news stories coming out of Iraq. Part of the diversion to keep us guessing on timing…. Right now they are letting us know their legislative holiday is supposed to start on May 9th….BUT, if they budget is not done…they will extend this session until it is. We of course have contacts on the ground over there that say they have already passed the budget but have not announced it yet. That they are waiting to execute it because they are working on the exchange rate change. We were expecting this back and forth to happen at the end. Just like what they did in Kuwait. The morning of their revaluation they ran an article saying no rate change for 6-9 months then they did it that same day. This is the kind of news we are expecting to get.
4-29-2023 Newshound Guru Deepwoodz Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks". If the official rate is 1310 then according to this article, they are looking to make the rate in the market parallel within 2%, that’s a net of 1336...They are in the process of controlling their rate, and it is obviously a slow but deliberate
process, but they are controlling it. Question is why is this important? It’s definitely not the rate anyone in Iraq or anywhere else is going to be proud of. So is it just the fact that they have the ability to manipulate it? Do they have to prove this to the IMF? I think maybe...
4-29-2023 Intel Guru Frank26 Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices," Saleh said to the Euphrates News Agency, noting that "this match is if the difference between them is 2%, then it is considered a match." THE PLUS OR MINUS OF 2-3% IS DRIVING THE MONETARY REFORM.
4-29-2023 Newshound Guru Clare Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices, Saleh said to the Euphrates News Agency, noting that this match is if the difference between them is 2%, then it is considered a match."
4-29-2023 Intel Guru MarkZ [via PDK] Now that Iraq is international…they can actually process exchanges…this is huge news today...I do know if they had their “druthers”, the time they would love to announce it the most would be early Saturday morning prayers so they can put it in the Gazette. I am not saying that is when it will happen…but we are circling over the target.
4-29-2023 Newshound Guru Militia Man At this stage of the game...everybody should be smiling, going, ' Iraq 's finally coming to the open market.' What we're looking for is the Forex - the Iraqi dinar to be exposed to the international world at an internationally acceptable exchange rate. We're probably going to see that, I would hope, any time. It's pretty powerful stuff.
4-29-2023 Newshound Guru Deepwoodz All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq ...They are squeezing out the dollars. This eliminates the multi currency practice that goes against becoming article 8 compliant. I found it interesting that a country only has to notify the IMF that they will comply with article 8 to be article 8. Then simply comply.
4-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-29-2023 Intel Guru MarkZ [via PDK] I have started getting some notifications late last night and this morning that tier 1 is officially paying. I have a very good T1 contact and Im trying to get a hold of them to find out if this is accurate. If it is- that tells us that a cascade of events has sped up and we are on the cusp.
4-29-2023 Intel Guru Frank26 I have a better idea of when to hold'm and when to fold'm. Because at $1.50 I'm already half way there to the $3 I was seeking. In reality I wouldn't be surprised if this thing goes into the $4 range.
4-29-2023 Newshound Guru Walkingstick [via Frank26] The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us.
4-29-2023 Newshound Guru Militia Man Iraq's new banking system is going to be all about them facilitating international trade...They've got their systems to the point where there's internationally compliant...in compliance with the IMF regulatory requirements.
4-29-2023 Intel Guru MarkZ [via PDK] There are a lot of conflicting news stories coming out of Iraq. Part of the diversion to keep us guessing on timing…. Right now they are letting us know their legislative holiday is supposed to start on May 9th….BUT, if they budget is not done…they will extend this session until it is. We of course have contacts on the ground over there that say they have already passed the budget but have not announced it yet. That they are waiting to execute it because they are working on the exchange rate change. We were expecting this back and forth to happen at the end. Just like what they did in Kuwait. The morning of their revaluation they ran an article saying no rate change for 6-9 months then they did it that same day. This is the kind of news we are expecting to get.
4-29-2023 Newshound Guru Deepwoodz Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks". If the official rate is 1310 then according to this article, they are looking to make the rate in the market parallel within 2%, that’s a net of 1336...They are in the process of controlling their rate, and it is obviously a slow but deliberate
process, but they are controlling it. Question is why is this important? It’s definitely not the rate anyone in Iraq or anywhere else is going to be proud of. So is it just the fact that they have the ability to manipulate it? Do they have to prove this to the IMF? I think maybe...
4-29-2023 Intel Guru Frank26 Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices," Saleh said to the Euphrates News Agency, noting that "this match is if the difference between them is 2%, then it is considered a match." THE PLUS OR MINUS OF 2-3% IS DRIVING THE MONETARY REFORM.
4-29-2023 Newshound Guru Clare Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices, Saleh said to the Euphrates News Agency, noting that this match is if the difference between them is 2%, then it is considered a match."
4-29-2023 Intel Guru MarkZ [via PDK] Now that Iraq is international…they can actually process exchanges…this is huge news today...I do know if they had their “druthers”, the time they would love to announce it the most would be early Saturday morning prayers so they can put it in the Gazette. I am not saying that is when it will happen…but we are circling over the target.
4-28-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-28-2023 Newshound Guru Militia Man ...What we might see towards this last stage...when it comes to the exchange rate...some things that aren't necessarily true, a little misleading or flat out wrong.
4-28-2023 Intel Guru MarkZ [via PDK] Member question: Has the third reading of Iraq’s budget happened yet? MarkZ Answer: From folks over there they are telling me “yes” and they have just not announced it has been approved…yet. There is very purposeful “smoke” coming out of Iraq right now. Member question: ...what are your thoughts about the rumor it will take 3 more weeks or so? …we are seeing a lot of different things being thrown out there right now. They need to cloud the timing on purpose. There are so many indicators showing its “right now” so they are throwing the smoke out there. Don’t let it drive you nuts.
4-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-28-2023 Intel Guru Frank26 We want to see what the CBI and Sudani are saying. Do we care about anything else? No. Do we care what the IMF is saying? No. Do we care about what the U.S. Treasury is saying? No. Why not? They're done. All they're doing is announcing it to the citizens of Iraq...
4-28-2023 Guest Guru BobTheTaxMan The IQD is considered to be "ORDINARY INCOME"...the taxes due will be calculated by your personal tax bracket and marital status at the time you exchange your IQD for USD. This becomes a taxable event...the maximum taxation of the IQD exchange would range from 37% federal only, up to a possible 13% [additional] depending on your state of residence. (13% is calculated on California). There can be other taxes applied if you exchange more that $1 million in any given year...there's an additional 3% tax they want to impose...You're going to want to have a conversation with your tax professional and make sure you prepare for this appropriately. This is important.
4-28-2023 Intel Guru Bruce [via WiserNow] ...we need Iraq to do one thing, and that is to put their new dinar rate, which would be their CBI rate or their international rates into the printed Gazette, which comes out Saturday...they've been exchanging there for over two weeks in country - in ...Iraq ...we heard from very, very high up source, said that April's showers will bring May dollars... I think the rate will be good. The rate will be very strong. And dong rate is going to be very strong also... I'm hearing is we should be getting notified Saturday. And I think based on that we should start Monday or at the very latest. So I think we're just about there...
4-28-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)" Quote: "...the new system will collect financial data from banks and non-banking financial institutions represented by banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-banking financial institutions.” [NOTE: See Guru Militia Man's post about the importance of BSRS below]
4-28-2023 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating that they encouraged Iraq to move to a flexible exchange rate policy...which would allow a predictable and gradual appreciation of the exchange rate...
4-28-2023 Intel Guru MarkZ [via PDK] From Iraq - the last reports were they are hoping to see something on Saturday. We will find out very soon.
4-28-2023 Newshound Guru Militia Man The CBI announced today the BSRS (Banking Supervision Reporting System)...It's important is because ...the banks in Iraq...didn't have advanced technology. It was all pen and paper...and it was a mess...Now they have the whole system set up from the Central Bank of Iraq down to the banks and down to the branches. What that means is they have all the knowledge of all the currency inflow and outflow...In other words the central bank knows...how much currency inventory goes in the country and goes out of the country...they can account for all the money...The ability to account for currency and the inventory of it is phenomenal...
4-28-2023 Newshound Guru Clare Article: "The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)”
4-28-2023 Intel Guru Frank26 Article: "One week separates the dollar from stability at the parallel price of 132 thousand dinars". 1320 IS NEXT AND THEN 1100, IN MY OPINION.
4-28-2023 Intel Guru MarkZ [via PDK] I am still hearing it will be a re-instatement. I have also heard they are concerned that if it is a unmonitored float- similar to what Kuwait did- the rate will bounce all over the place. So I am hearing the plan is to go with a more solid rate…which in my opinion will put it well north of $4.00. This is just my opinion.
4-28-2023 Newshound/Intel Guru Mnt Goat I can hardly wait for them to roll out the newer lower denominations as this too will be our final sign that there is no turning back... ...the actions taken by the CBI since January you can clearly see, like me, that to this point there is really almost no turning back. Commitments are already going forward and the changes to reinstate at a revalue rate are in play. We just don’t know the date but we know it is coming and much sooner than later.
4-28-2023 Newshound Guru Militia Man ...What we might see towards this last stage...when it comes to the exchange rate...some things that aren't necessarily true, a little misleading or flat out wrong.
4-28-2023 Intel Guru MarkZ [via PDK] Member question: Has the third reading of Iraq’s budget happened yet? MarkZ Answer: From folks over there they are telling me “yes” and they have just not announced it has been approved…yet. There is very purposeful “smoke” coming out of Iraq right now. Member question: ...what are your thoughts about the rumor it will take 3 more weeks or so? …we are seeing a lot of different things being thrown out there right now. They need to cloud the timing on purpose. There are so many indicators showing its “right now” so they are throwing the smoke out there. Don’t let it drive you nuts.
4-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-28-2023 Intel Guru Frank26 We want to see what the CBI and Sudani are saying. Do we care about anything else? No. Do we care what the IMF is saying? No. Do we care about what the U.S. Treasury is saying? No. Why not? They're done. All they're doing is announcing it to the citizens of Iraq...
4-28-2023 Guest Guru BobTheTaxMan The IQD is considered to be "ORDINARY INCOME"...the taxes due will be calculated by your personal tax bracket and marital status at the time you exchange your IQD for USD. This becomes a taxable event...the maximum taxation of the IQD exchange would range from 37% federal only, up to a possible 13% [additional] depending on your state of residence. (13% is calculated on California). There can be other taxes applied if you exchange more that $1 million in any given year...there's an additional 3% tax they want to impose...You're going to want to have a conversation with your tax professional and make sure you prepare for this appropriately. This is important.
4-28-2023 Intel Guru Bruce [via WiserNow] ...we need Iraq to do one thing, and that is to put their new dinar rate, which would be their CBI rate or their international rates into the printed Gazette, which comes out Saturday...they've been exchanging there for over two weeks in country - in ...Iraq ...we heard from very, very high up source, said that April's showers will bring May dollars... I think the rate will be good. The rate will be very strong. And dong rate is going to be very strong also... I'm hearing is we should be getting notified Saturday. And I think based on that we should start Monday or at the very latest. So I think we're just about there...
4-28-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)" Quote: "...the new system will collect financial data from banks and non-banking financial institutions represented by banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-banking financial institutions.” [NOTE: See Guru Militia Man's post about the importance of BSRS below]
4-28-2023 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating that they encouraged Iraq to move to a flexible exchange rate policy...which would allow a predictable and gradual appreciation of the exchange rate...
4-28-2023 Intel Guru MarkZ [via PDK] From Iraq - the last reports were they are hoping to see something on Saturday. We will find out very soon.
4-28-2023 Newshound Guru Militia Man The CBI announced today the BSRS (Banking Supervision Reporting System)...It's important is because ...the banks in Iraq...didn't have advanced technology. It was all pen and paper...and it was a mess...Now they have the whole system set up from the Central Bank of Iraq down to the banks and down to the branches. What that means is they have all the knowledge of all the currency inflow and outflow...In other words the central bank knows...how much currency inventory goes in the country and goes out of the country...they can account for all the money...The ability to account for currency and the inventory of it is phenomenal...
4-28-2023 Newshound Guru Clare Article: "The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)”
4-28-2023 Intel Guru Frank26 Article: "One week separates the dollar from stability at the parallel price of 132 thousand dinars". 1320 IS NEXT AND THEN 1100, IN MY OPINION.
4-28-2023 Intel Guru MarkZ [via PDK] I am still hearing it will be a re-instatement. I have also heard they are concerned that if it is a unmonitored float- similar to what Kuwait did- the rate will bounce all over the place. So I am hearing the plan is to go with a more solid rate…which in my opinion will put it well north of $4.00. This is just my opinion.
4-28-2023 Newshound/Intel Guru Mnt Goat I can hardly wait for them to roll out the newer lower denominations as this too will be our final sign that there is no turning back... ...the actions taken by the CBI since January you can clearly see, like me, that to this point there is really almost no turning back. Commitments are already going forward and the changes to reinstate at a revalue rate are in play. We just don’t know the date but we know it is coming and much sooner than later.
4-27-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-27-2023 Newshound Guru Militia Man Article: "The price of the dollar against the dinar is at its lowest level in two years" The dinar is moving in the right direction.
4-27-2023 Newshound Guru Clare Article quote: "The selling price of the dollar reached 141,000 dinars, but the purchase amounted to 139,000 dinars for every 100 dollars, which is the lowest level the dollar has reached to enter within the range of 1,300, since the price of the dollar was changed in late 2020 ." [NOTE: We want to continue to see the purchase amount of dinars for every U.S. dollar to go down. It's a good thing for dinar holders.]
4-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-27-2023 Intel Guru MarkZ [via PDK] …I talked with some folks in Iraq …They are telling me that not only is...everything is done…but they are now asset backed and just waiting to release their value. The information coming out of Iraq the last few hours was very positive... That they told me they are now asset backed …well, I am very excited about this news.
4-27-2023 Newshound/Intel Guru Walkingstick [via Frank26] The rate will only go up from the start. It will be a constant increase...they have been telling the Iraqi citizens your currency will have more value than the US dollar... they're putting out right now 1.5 to 1. That will be $0.67.
4-27-2023 Guest Guru Suzie We're getting all kinds of good news about the rate change coming soon, Iraqis' hold onto your dinars for the new value, etc., etc., but we're heading into May EID over, no pictures of the nscn's yet and companies pouring into Iraq to do business, but...why and how companies would pour into Iraq IF they didn't know what the dinar's going to be worth?? ...If I was a contractor and bidding on jobs I would want to know my costs and how and what I'm going to be paid going into it or why would I want to do business? So...do they know something we don't, or...they could do the 1 to 1 with the stroke of a pen if they're really in that big a hurry to join the international world as they say they are.
4-27-2023 Intel/Newshound Guru Mnt Goat ...we are moving very quickly to the end of this long RV saga. I only hope you are prepared ...about the amount of your investment in the dinar. Remember when they do change the rate there is no turning back as investors. You will NEVER get the IQD again for 1/6 of a penny and exchange it for upwards of $3 and some say the speculation could go as high as $9 before they cut it off on a managed float. I am told by my CBI contact they intend not to let it go crazy and over speculate as was done when the Kuwaiti dinar was reinstated.
4-27-2023 Intel Guru Frank26 Article quote: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" THE NEW NATIONAL CURRENCY IS ASSET BACKED & POWERFUL!...THE MONETARY REFORM IS VERY COMFORTABLE WITH ALL THE BACKING OF THE NEW NATIONAL CURRENCY...
4-27-2023 Intel Guru Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close.
4-27-2023 Newshound Guru Militia Man Today we are heading towards open trade. That's huge... Article quote: "A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers...to all countries of the world...through their accounts opened in Iraqi dinars." Powerful statement ...effectively international...Why didn't they do this 6 years ago?
4-27-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank issues a statement regarding foreign remittances" Quote: "customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank’s branches through their accounts opened in Iraqi dinars.”
4-27-2023 Intel Guru MarkZ [via PDK] Article: “Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars” Quote: "...this step will support the economies of all oil-exporting countries...OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency." This is very big. Another huge piece is “Depositing the sum in Americans banks for oil sales is no longer a condition” Every time they tried to move forward and RV they hit a brick wall because the US was controlling all their dollars. This is absolutely huge You guys should all be excited.
4-27-2023 Newshound Guru Militia Man Article: "The price of the dollar against the dinar is at its lowest level in two years" The dinar is moving in the right direction.
4-27-2023 Newshound Guru Clare Article quote: "The selling price of the dollar reached 141,000 dinars, but the purchase amounted to 139,000 dinars for every 100 dollars, which is the lowest level the dollar has reached to enter within the range of 1,300, since the price of the dollar was changed in late 2020 ." [NOTE: We want to continue to see the purchase amount of dinars for every U.S. dollar to go down. It's a good thing for dinar holders.]
4-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-27-2023 Intel Guru MarkZ [via PDK] …I talked with some folks in Iraq …They are telling me that not only is...everything is done…but they are now asset backed and just waiting to release their value. The information coming out of Iraq the last few hours was very positive... That they told me they are now asset backed …well, I am very excited about this news.
4-27-2023 Newshound/Intel Guru Walkingstick [via Frank26] The rate will only go up from the start. It will be a constant increase...they have been telling the Iraqi citizens your currency will have more value than the US dollar... they're putting out right now 1.5 to 1. That will be $0.67.
4-27-2023 Guest Guru Suzie We're getting all kinds of good news about the rate change coming soon, Iraqis' hold onto your dinars for the new value, etc., etc., but we're heading into May EID over, no pictures of the nscn's yet and companies pouring into Iraq to do business, but...why and how companies would pour into Iraq IF they didn't know what the dinar's going to be worth?? ...If I was a contractor and bidding on jobs I would want to know my costs and how and what I'm going to be paid going into it or why would I want to do business? So...do they know something we don't, or...they could do the 1 to 1 with the stroke of a pen if they're really in that big a hurry to join the international world as they say they are.
4-27-2023 Intel/Newshound Guru Mnt Goat ...we are moving very quickly to the end of this long RV saga. I only hope you are prepared ...about the amount of your investment in the dinar. Remember when they do change the rate there is no turning back as investors. You will NEVER get the IQD again for 1/6 of a penny and exchange it for upwards of $3 and some say the speculation could go as high as $9 before they cut it off on a managed float. I am told by my CBI contact they intend not to let it go crazy and over speculate as was done when the Kuwaiti dinar was reinstated.
4-27-2023 Intel Guru Frank26 Article quote: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" THE NEW NATIONAL CURRENCY IS ASSET BACKED & POWERFUL!...THE MONETARY REFORM IS VERY COMFORTABLE WITH ALL THE BACKING OF THE NEW NATIONAL CURRENCY...
4-27-2023 Intel Guru Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close.
4-27-2023 Newshound Guru Militia Man Today we are heading towards open trade. That's huge... Article quote: "A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers...to all countries of the world...through their accounts opened in Iraqi dinars." Powerful statement ...effectively international...Why didn't they do this 6 years ago?
4-27-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank issues a statement regarding foreign remittances" Quote: "customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank’s branches through their accounts opened in Iraqi dinars.”
4-27-2023 Intel Guru MarkZ [via PDK] Article: “Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars” Quote: "...this step will support the economies of all oil-exporting countries...OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency." This is very big. Another huge piece is “Depositing the sum in Americans banks for oil sales is no longer a condition” Every time they tried to move forward and RV they hit a brick wall because the US was controlling all their dollars. This is absolutely huge You guys should all be excited.
4-26-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-26-2023 Intel Guru Frank26 They keep telling you that it's only a matter of weeks. Remember nothing is January, February, March - April is suddenly.
4-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] There were two NEERs presented this past week. One of them was higher than 1 to 1. It was 1.5 . The Prime Minister and the governor of the CBI are trying to explain to the Iraqi citizens their exchange rate in comparison to the American dollar. It's all about the recalculating. It's all about the accounting. It's all about the numbers right now. The numbers right now are 1.5 to 1 USD is true. It's in my option but true. The float can now start at 1.5 to 1.
4-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-26-2023 Newshound Guru Militia Man Salih, who is the Prime Minister's advisor, came back with a really good article...Iraq is meeting all these things - Freedom of trade, freedom of capital and in compliance with all the international rules and regulations...He's basically saying in this today, it's already done...He's announcing it. Maybe he's kind of front running it. It's not from Al-Sudani, not from Alaq but the bottom line is, his is the guy, an advisor, he's on the board of directors of the CBI. This guys comes out and talks...Everybody should be listening...
4-26-2023 Newshound/Intel Guru Mnt Goat The next phase of the plan is to change the nominal rate inside Iraq and issue the newer lower denominations and coins. I believe it will be around 1.50 dinar to the dollar.
4-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just came on Iraqi Channel One...he announced a new company that is going to be established and the purpose of it is to back the citizens with small deposits into banks. Just like your FDIC in the United States of America. They are telling us that they are backing our money and guaranteeing it in our banks if anything should go wrong with it we will get our money back. FRANK: When did you ever see this? When did you ever hear this? How long have you been wanting to read these words? This is the definition of Article VIII! ...This is huge. This is monstrous.
4-26-2023 Guru Nader From The Mid East Article: "The financial advisor to the Prime Minister...Salih, confirmed on Tuesday, that foreign currency reserves are high, safe and at comfortable levels which are the highest in the country's financial history, which are not less than balances ...between 110-115 billion dollars..." Very good article. They guy is the advisor of the Prime minister Sudani...Anything he says is true and it will happen 2 days later. I love this guy. I've been following him a lot. He's the only guy I believe in all this mess.
4-26-2023 Intel Guru MarkZ [via PDK] Article: “Trade Bank of Iraq –Foreign transfer can be made through our branches through the Central Bank” They can now make foreign transfers to ALL countries of the world through accounts opened in Iraqi dinars! The enormity of this means they are fully, 100% INTERNATIONAL! This is one of the key things we have been waiting for, Also in the news –the boots on the ground are reporting that the budget (as we speak) is being read and discussed in Parliament…for its third reading. Enormous news from Iraq right now. I believe it’s all done and we are just waiting for the countdown to finish now. This is awesome news to start our day.
4-26-2023 Newshound Guru Pimpy CBDC...In case you didn't know it looks like this July is when they're gonna launch [the CBDC in the U.S.] ...Everybody keeps asking me, 'If we go to CBDC what does this mean for our Iraqi dinar?' That's a good question because if they go to a CBDC does that mean we exchange our dinars in for the CDBDs? ...How do we go about changing them? I don't want anything to do with the CBDCs...I'm trying my darndest for you people to find out what we need to do for the Iraqi dinar as well as the Vietnam dong...
4-26-2023 Newshound Guru Clare Article: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" Quote: "the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country's financial history, which are not less than balances (in foreign exchange and gold). between 110-115 billion dollars, and at the same time it constitutes a percentage (coverage) of the cash currency issued (and according to the current exchange rate) by about 130 percent, which is a high and safe coverage."
4-26-2023 Newshound/Intel Guru Mnt Goat I have talked about the CBI 2011 plan many times already. We are literally witnessing the execution of this plan right in front of our noses...So where are we in the 2011 plan? How close are we? We are VERY close. We could see the reinstatement before June or shortly afterwards.
4-26-2023 Intel Guru Frank26 They keep telling you that it's only a matter of weeks. Remember nothing is January, February, March - April is suddenly.
4-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] There were two NEERs presented this past week. One of them was higher than 1 to 1. It was 1.5 . The Prime Minister and the governor of the CBI are trying to explain to the Iraqi citizens their exchange rate in comparison to the American dollar. It's all about the recalculating. It's all about the accounting. It's all about the numbers right now. The numbers right now are 1.5 to 1 USD is true. It's in my option but true. The float can now start at 1.5 to 1.
4-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-26-2023 Newshound Guru Militia Man Salih, who is the Prime Minister's advisor, came back with a really good article...Iraq is meeting all these things - Freedom of trade, freedom of capital and in compliance with all the international rules and regulations...He's basically saying in this today, it's already done...He's announcing it. Maybe he's kind of front running it. It's not from Al-Sudani, not from Alaq but the bottom line is, his is the guy, an advisor, he's on the board of directors of the CBI. This guys comes out and talks...Everybody should be listening...
4-26-2023 Newshound/Intel Guru Mnt Goat The next phase of the plan is to change the nominal rate inside Iraq and issue the newer lower denominations and coins. I believe it will be around 1.50 dinar to the dollar.
4-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just came on Iraqi Channel One...he announced a new company that is going to be established and the purpose of it is to back the citizens with small deposits into banks. Just like your FDIC in the United States of America. They are telling us that they are backing our money and guaranteeing it in our banks if anything should go wrong with it we will get our money back. FRANK: When did you ever see this? When did you ever hear this? How long have you been wanting to read these words? This is the definition of Article VIII! ...This is huge. This is monstrous.
4-26-2023 Guru Nader From The Mid East Article: "The financial advisor to the Prime Minister...Salih, confirmed on Tuesday, that foreign currency reserves are high, safe and at comfortable levels which are the highest in the country's financial history, which are not less than balances ...between 110-115 billion dollars..." Very good article. They guy is the advisor of the Prime minister Sudani...Anything he says is true and it will happen 2 days later. I love this guy. I've been following him a lot. He's the only guy I believe in all this mess.
4-26-2023 Intel Guru MarkZ [via PDK] Article: “Trade Bank of Iraq –Foreign transfer can be made through our branches through the Central Bank” They can now make foreign transfers to ALL countries of the world through accounts opened in Iraqi dinars! The enormity of this means they are fully, 100% INTERNATIONAL! This is one of the key things we have been waiting for, Also in the news –the boots on the ground are reporting that the budget (as we speak) is being read and discussed in Parliament…for its third reading. Enormous news from Iraq right now. I believe it’s all done and we are just waiting for the countdown to finish now. This is awesome news to start our day.
4-26-2023 Newshound Guru Pimpy CBDC...In case you didn't know it looks like this July is when they're gonna launch [the CBDC in the U.S.] ...Everybody keeps asking me, 'If we go to CBDC what does this mean for our Iraqi dinar?' That's a good question because if they go to a CBDC does that mean we exchange our dinars in for the CDBDs? ...How do we go about changing them? I don't want anything to do with the CBDCs...I'm trying my darndest for you people to find out what we need to do for the Iraqi dinar as well as the Vietnam dong...
4-26-2023 Newshound Guru Clare Article: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" Quote: "the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country's financial history, which are not less than balances (in foreign exchange and gold). between 110-115 billion dollars, and at the same time it constitutes a percentage (coverage) of the cash currency issued (and according to the current exchange rate) by about 130 percent, which is a high and safe coverage."
4-26-2023 Newshound/Intel Guru Mnt Goat I have talked about the CBI 2011 plan many times already. We are literally witnessing the execution of this plan right in front of our noses...So where are we in the 2011 plan? How close are we? We are VERY close. We could see the reinstatement before June or shortly afterwards.
4-25-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-25-2023 Newshound Guru Pimpy When it comes to the parallel rates, this is in almost every county, you've always going to have some kind of black market that's involved in currencies. The black market issue will stop once the Iraqi dinar gets very close to or passes up the US dollar in value...then you're going to see things turn around.
4-25-2023 Intel Guru MarkZ [via PDK] Saleh – the financial advisor...is talking about how secure they are in Iraq…the amount of debt …and how the government has more money than debt. I believe they want them to know these figures…so when the value changes – the people already know.
4-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-25-2023 Guest Guru Deepwoodz [Response to Guest Guru Dallasdude below...] Of course it [1310] is better than 1460 but looking at the bigger picture…Dec 2021...they devalued their currency, stoking the flames of anger and resentment from the citizens...which is what a sanctioned rate of 1190 was prior to the 1460. Now a return to a rate of 1310 doesn’t even get them back to prior levels of destitution. I know this is what they are advertising at the moment, but the citizens are not raising any alarms. They know better than we do what’s coming. Sadr has been completely quiet as well. This all bodes well for a rate change, and soon!
4-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] When they say 'the parallel rate'? It means 1 to 1. And now when Sudani says 1.5 to 1 what does it mean? He is talking about the parallel exchange rate which is a market rate determined via supply and demand. The currency value of the Iraqi dinar will run parallel with the official market exchange rate that they are establishing for the float. That rate is determined by supply and demand...the CBI...They don't want a parallel currency because that means they will use the USD in the market place...they are depolarizing. The 1.5 is true.
4-25-2023 Newshound Guru Clare Article: "The value of the dinar in the parallel market increased by 5% since the beginning of the month" Quote: "The Governor of the Central Bank, Ali Al-Alaq, said earlier this month that the central bank is on alert to restore the exchange rate of the dollar to its normal position..."
4-25-2023 Guest Guru Dallasdude [Response to Guru Deepwoodz from 4-24-2023 below] I disagree...1190,1160 or even 1100 does give more purchasing power to citizens...I agree with the scenario you have layed out as per articles...just don't agree on a imminent time-frame..hope I am wrong, I am prepared for a little longer wait to get to the 1 to 1..
4-25-2023 Intel Guru MarkZ [via PDK] We are hearing from Iraq that they are fully section 8 compliant…Its finished…. This is another key piece…its done. I believe at this point they have already passed the budget…I think the GOI is sitting on some huge news and will simply announce it and a rate change soon…. I could be wrong…but that’s what I think. Iraq is doing everything they can to move this forward…
4-25-2023 Newshound Guru Militia Man I suggest if in fact they do what they say they're going to do, 'We're going to do it soon', 'We're going to do it in weeks', 'We're going to do it in days', 'We're going to do it now', 'We're going to do 1.5 times.' By that equation that Al-Sudani is giving you, not me...if that holds true what they've done is they have adjusted the rate again to squeeze the black market...
4-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop...it has to. After EID we expect some changes to the current rate. To more like 1000 to 1... FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1.
4-25-2023 Intel Guru yada The parallel rate...is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there was a variance between the two. Since the official currency in Iraq is now the dollar [dinar ?] and illegal to use dollars, the street vendors are forced to play fair or use the same rate as the CBI...the parallel rate is flattened in Kurdistan whom always operated at a higher standard than Baghdad. Now the rate will go international and that is what we've been awaiting
4-25-2023 Intel Guru MarkZ [via PDK] Its interesting on the rate…. I am hearing from some contractors in Iraq that they were able to complete some deals today at $1.60...There is a tremendous amount of chatter from contractors involved in Iraq today. We had reports from contractors that we feel very confident about that said they actually did receive those dollars.
4-25-2023 Newshound Guru Pimpy When it comes to the parallel rates, this is in almost every county, you've always going to have some kind of black market that's involved in currencies. The black market issue will stop once the Iraqi dinar gets very close to or passes up the US dollar in value...then you're going to see things turn around.
4-25-2023 Intel Guru MarkZ [via PDK] Saleh – the financial advisor...is talking about how secure they are in Iraq…the amount of debt …and how the government has more money than debt. I believe they want them to know these figures…so when the value changes – the people already know.
4-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-25-2023 Guest Guru Deepwoodz [Response to Guest Guru Dallasdude below...] Of course it [1310] is better than 1460 but looking at the bigger picture…Dec 2021...they devalued their currency, stoking the flames of anger and resentment from the citizens...which is what a sanctioned rate of 1190 was prior to the 1460. Now a return to a rate of 1310 doesn’t even get them back to prior levels of destitution. I know this is what they are advertising at the moment, but the citizens are not raising any alarms. They know better than we do what’s coming. Sadr has been completely quiet as well. This all bodes well for a rate change, and soon!
4-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] When they say 'the parallel rate'? It means 1 to 1. And now when Sudani says 1.5 to 1 what does it mean? He is talking about the parallel exchange rate which is a market rate determined via supply and demand. The currency value of the Iraqi dinar will run parallel with the official market exchange rate that they are establishing for the float. That rate is determined by supply and demand...the CBI...They don't want a parallel currency because that means they will use the USD in the market place...they are depolarizing. The 1.5 is true.
4-25-2023 Newshound Guru Clare Article: "The value of the dinar in the parallel market increased by 5% since the beginning of the month" Quote: "The Governor of the Central Bank, Ali Al-Alaq, said earlier this month that the central bank is on alert to restore the exchange rate of the dollar to its normal position..."
4-25-2023 Guest Guru Dallasdude [Response to Guru Deepwoodz from 4-24-2023 below] I disagree...1190,1160 or even 1100 does give more purchasing power to citizens...I agree with the scenario you have layed out as per articles...just don't agree on a imminent time-frame..hope I am wrong, I am prepared for a little longer wait to get to the 1 to 1..
4-25-2023 Intel Guru MarkZ [via PDK] We are hearing from Iraq that they are fully section 8 compliant…Its finished…. This is another key piece…its done. I believe at this point they have already passed the budget…I think the GOI is sitting on some huge news and will simply announce it and a rate change soon…. I could be wrong…but that’s what I think. Iraq is doing everything they can to move this forward…
4-25-2023 Newshound Guru Militia Man I suggest if in fact they do what they say they're going to do, 'We're going to do it soon', 'We're going to do it in weeks', 'We're going to do it in days', 'We're going to do it now', 'We're going to do 1.5 times.' By that equation that Al-Sudani is giving you, not me...if that holds true what they've done is they have adjusted the rate again to squeeze the black market...
4-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop...it has to. After EID we expect some changes to the current rate. To more like 1000 to 1... FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1.
4-25-2023 Intel Guru yada The parallel rate...is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there was a variance between the two. Since the official currency in Iraq is now the dollar [dinar ?] and illegal to use dollars, the street vendors are forced to play fair or use the same rate as the CBI...the parallel rate is flattened in Kurdistan whom always operated at a higher standard than Baghdad. Now the rate will go international and that is what we've been awaiting
4-25-2023 Intel Guru MarkZ [via PDK] Its interesting on the rate…. I am hearing from some contractors in Iraq that they were able to complete some deals today at $1.60...There is a tremendous amount of chatter from contractors involved in Iraq today. We had reports from contractors that we feel very confident about that said they actually did receive those dollars.
4-24-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-24-2023 Intel Guru Frank26 Article: "It is imminent.. a major disaster befalls the dollar" US DOLLAR GO BOOM, WHILE THE IRAQI DINAR ZOOMS!
4-24-2023 Intel Guru MarkZ [via PDK] I still believe it will not be a float but an RI (ReInstatement) and a healthy, lovely one at that... There is a lot of activity going on right now that makes me feel very, very good. I am continuing to hear the rate we get will be around $4.20-$5.35…. I certainly hope that is accurate... It does appear they are moving forward very quickly...we certainly hope this is our week. Iraqi contacts expect to see it by the 1st of May.
4-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-24-2023 Guest Guru Deepwoodz [Response to Guest Guru Dalladude below...] I disagree. 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190, 1160, or even 1000. Nor do any of these numbers inspire confidence in a national currency. Sudani has said repeatedly that the dinar is stronger than the dollar. You citizens, hold on to your dinar. None of this is confusing. The float you seek is closer than you think in my opinion. Also, there is a lot in the 1 - 1.5 ratio that was mentioned earlier this week.
4-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] You will not see trillions of new small category notes printed. You will see billions printed. They'll release all this information to the citizens. The citizens are rather excited.
4-24-2023 Intel Guru Frank26 What was once my opinion is now fact...the articles are coming from people we want to talk to. Who? The governor of the Central Bank of Iraq. He's talking like a parrot on steroids! ...the prime minister of Iraq Sudani...is talking like he's drunk! What are they talking about? The monetary reform. The exchange rate of the Iraqi dinar. The national currency...
4-24-2023 Intel Guru MarkZ [via PDK] ...be prepared for a week pf ups and downs , roller coasters and scares... Member Question: Should I have a resignation letter ready to go Mark? MarkZ Answer: Get it prepared…. I think this is going to be a fun week.
4-24-2023 Newshound Guru Militia Man Al-Sudani the Prime Minister has said hold your dinar because they're going to be stronger than the dollar... When they say they're going to make it to be 1.5 times it means that the 1310 official rate is no longer going to be the official rate. They're going to adjust it 1.5 times... .000763367 is going to be .001 or close. That means 1310 becomes 837 real close. As they do that it creates an environment that the dollar becomes less valuable to the dinar...it's going to be harder and harder for the black market...It's coming to a head...the black market is going bye-bye.
4-24-2023 Newshound Guru Samson Article: ”Advisor to the Prime Minister: The parallel price of the dollar will drop to the official one very soon"
4-24-2023 Guest Guru Dallasdude They have clearly stated numerous times they intend to come out in the 1320 range...the real question is how long will they stay there...I for one would not be surprised if it's for the remaining year...hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out...1320 helps the citizens a little but not us...its all about the time frame between the 1320 range and the 1 to 1 float that I seek..
4-24-2023 Newshound Guru Pimpy Article: "Parliament finance reveals the deadline for approving the budget" the deadline has now been pushed to the end of May. So not only do we still not have a budget processed for this year, it's going to be past four months going into five months before they even vote on it...Iraq's economy could be so much stronger if they would just hurry up and get this damn budget approved. Now mind you, this is for 3 years and that's a good thing. So come on Iraq get this budget passed so you guys can start benefiting and growing the economy even quicker.
4-24-2023 Intel Guru MarkZ [via PDK] Article: “Finance minister discusses economic cooperation with Canada and Europe” I think its important that a third world country with no international currency meets with world leaders all the time with development of massive billion dollar projects.
4-24-2023 Intel Guru Frank26 Article: "It is imminent.. a major disaster befalls the dollar" US DOLLAR GO BOOM, WHILE THE IRAQI DINAR ZOOMS!
4-24-2023 Intel Guru MarkZ [via PDK] I still believe it will not be a float but an RI (ReInstatement) and a healthy, lovely one at that... There is a lot of activity going on right now that makes me feel very, very good. I am continuing to hear the rate we get will be around $4.20-$5.35…. I certainly hope that is accurate... It does appear they are moving forward very quickly...we certainly hope this is our week. Iraqi contacts expect to see it by the 1st of May.
4-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-24-2023 Guest Guru Deepwoodz [Response to Guest Guru Dalladude below...] I disagree. 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190, 1160, or even 1000. Nor do any of these numbers inspire confidence in a national currency. Sudani has said repeatedly that the dinar is stronger than the dollar. You citizens, hold on to your dinar. None of this is confusing. The float you seek is closer than you think in my opinion. Also, there is a lot in the 1 - 1.5 ratio that was mentioned earlier this week.
4-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] You will not see trillions of new small category notes printed. You will see billions printed. They'll release all this information to the citizens. The citizens are rather excited.
4-24-2023 Intel Guru Frank26 What was once my opinion is now fact...the articles are coming from people we want to talk to. Who? The governor of the Central Bank of Iraq. He's talking like a parrot on steroids! ...the prime minister of Iraq Sudani...is talking like he's drunk! What are they talking about? The monetary reform. The exchange rate of the Iraqi dinar. The national currency...
4-24-2023 Intel Guru MarkZ [via PDK] ...be prepared for a week pf ups and downs , roller coasters and scares... Member Question: Should I have a resignation letter ready to go Mark? MarkZ Answer: Get it prepared…. I think this is going to be a fun week.
4-24-2023 Newshound Guru Militia Man Al-Sudani the Prime Minister has said hold your dinar because they're going to be stronger than the dollar... When they say they're going to make it to be 1.5 times it means that the 1310 official rate is no longer going to be the official rate. They're going to adjust it 1.5 times... .000763367 is going to be .001 or close. That means 1310 becomes 837 real close. As they do that it creates an environment that the dollar becomes less valuable to the dinar...it's going to be harder and harder for the black market...It's coming to a head...the black market is going bye-bye.
4-24-2023 Newshound Guru Samson Article: ”Advisor to the Prime Minister: The parallel price of the dollar will drop to the official one very soon"
4-24-2023 Guest Guru Dallasdude They have clearly stated numerous times they intend to come out in the 1320 range...the real question is how long will they stay there...I for one would not be surprised if it's for the remaining year...hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out...1320 helps the citizens a little but not us...its all about the time frame between the 1320 range and the 1 to 1 float that I seek..
4-24-2023 Newshound Guru Pimpy Article: "Parliament finance reveals the deadline for approving the budget" the deadline has now been pushed to the end of May. So not only do we still not have a budget processed for this year, it's going to be past four months going into five months before they even vote on it...Iraq's economy could be so much stronger if they would just hurry up and get this damn budget approved. Now mind you, this is for 3 years and that's a good thing. So come on Iraq get this budget passed so you guys can start benefiting and growing the economy even quicker.
4-24-2023 Intel Guru MarkZ [via PDK] Article: “Finance minister discusses economic cooperation with Canada and Europe” I think its important that a third world country with no international currency meets with world leaders all the time with development of massive billion dollar projects.
4-23-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-23-2023 Intel Guru Frank26 I said this is going to cause a problem. They're forcing them to only use the dinar. The American dollar had some value but the Iraqi dinar has no value. You're at the crossroads of the CBI's monetary reform. Your prime minister and governor of the CBI are very close to removing this financial pain that the Iraqi people are suffering...
4-23-2023 Newshound Guru Militia Man It's getting a little bit quiet in the news...It's an indicator that quiet time sometimes is good...Al-Sadr is being quiet...he's for the people...riots in the streets...we don't have those anymore...He's not yacking that means things are going good..
4-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] ...The next step in the monetary reform process is to display the national currency and the coins because they have been talking about it for a few weeks now. The citizens are ready. That's why the CBI has put the tender request out - print more now. You will see this on the CBI website, then the education will explain the value, the design, the description. The History of the country will be on the new currency and they will explain all of this to the citizens. They will show them the colors of all the different denominations...security features of the new small category notes...It will not be a celebration but it will be known to the International world that the Iraqi dinar has now joined them.
4-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said what you are seeing right now is the battle to get the official exchange rate and dollar to close the gap between the two of them. When this gets to a number that they want whether it be 1100 like reports say or 1000 we will then see action of the deletion of the zeros and the lower notes and the fils. All of this will appear...All goods and services have already gone to dinars. We have no choice now. ATMs full of dinars. It's all set up. FRANK: That's exactly right...you are about to receive your national currency. They've already put you on alert for it, with coins and a new exchange rate. These are exciting times.
4-23-2023 Newshound Guru Breitling What is Iraq's #1 goal? They're sitting so good it's unbelievable because...their goal is to get more customers, sell more products...Think Iraq Inc. the company. And there is nothing but multiple doors in front of them. They can do it in oil. They can do it in natural gas. They could even do it in gold if they wanted to. They can trade in the US dollar. They can trade in other currencies. They can build a massive foreign currency reserve with other currencies. They don't need the US dollar. They want it because we're the big boys on the block...But they can trade in other currencies. It will diversify them.
4-23-2023 Newshound Guru Militia Man Al-Sudani said, 'now'. That is a very key point to where we're headed. He comes back a little bit later and he said the dinar is going to be a little bit stronger. He implies 1.5 times. Be careful how you think about that. Some of the folks out there seem to think that means it's $1.50 but...he's talking about the official exchange rate - 1310 [which equals approximately] .00076336...But when he says 1.5 times that's a totally different equations because currencies are valued by reciprocals...what's 1.5 x .00076336? Turns out to be about .0015405...
4-23-2023 Intel Guru Frank26 [Referencing the Instagram post and news articles from the other day] THE 1.5 TO 1 IS...TRUE. Community Question: "Can someone please tell me what the 1.5 to 1 means?" THE 1.5 IS THE NEER (Nominal effective exchange rate - a measure of the value of a currency against a weighted average of several foreign currencies. ).
4-23-2023 Newshound/Intel Guru Mnt Goat A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side. It is a slow decline but it is happening.
4-23-2023 Intel Guru Frank26 I said this is going to cause a problem. They're forcing them to only use the dinar. The American dollar had some value but the Iraqi dinar has no value. You're at the crossroads of the CBI's monetary reform. Your prime minister and governor of the CBI are very close to removing this financial pain that the Iraqi people are suffering...
4-23-2023 Newshound Guru Militia Man It's getting a little bit quiet in the news...It's an indicator that quiet time sometimes is good...Al-Sadr is being quiet...he's for the people...riots in the streets...we don't have those anymore...He's not yacking that means things are going good..
4-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] ...The next step in the monetary reform process is to display the national currency and the coins because they have been talking about it for a few weeks now. The citizens are ready. That's why the CBI has put the tender request out - print more now. You will see this on the CBI website, then the education will explain the value, the design, the description. The History of the country will be on the new currency and they will explain all of this to the citizens. They will show them the colors of all the different denominations...security features of the new small category notes...It will not be a celebration but it will be known to the International world that the Iraqi dinar has now joined them.
4-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said what you are seeing right now is the battle to get the official exchange rate and dollar to close the gap between the two of them. When this gets to a number that they want whether it be 1100 like reports say or 1000 we will then see action of the deletion of the zeros and the lower notes and the fils. All of this will appear...All goods and services have already gone to dinars. We have no choice now. ATMs full of dinars. It's all set up. FRANK: That's exactly right...you are about to receive your national currency. They've already put you on alert for it, with coins and a new exchange rate. These are exciting times.
4-23-2023 Newshound Guru Breitling What is Iraq's #1 goal? They're sitting so good it's unbelievable because...their goal is to get more customers, sell more products...Think Iraq Inc. the company. And there is nothing but multiple doors in front of them. They can do it in oil. They can do it in natural gas. They could even do it in gold if they wanted to. They can trade in the US dollar. They can trade in other currencies. They can build a massive foreign currency reserve with other currencies. They don't need the US dollar. They want it because we're the big boys on the block...But they can trade in other currencies. It will diversify them.
4-23-2023 Newshound Guru Militia Man Al-Sudani said, 'now'. That is a very key point to where we're headed. He comes back a little bit later and he said the dinar is going to be a little bit stronger. He implies 1.5 times. Be careful how you think about that. Some of the folks out there seem to think that means it's $1.50 but...he's talking about the official exchange rate - 1310 [which equals approximately] .00076336...But when he says 1.5 times that's a totally different equations because currencies are valued by reciprocals...what's 1.5 x .00076336? Turns out to be about .0015405...
4-23-2023 Intel Guru Frank26 [Referencing the Instagram post and news articles from the other day] THE 1.5 TO 1 IS...TRUE. Community Question: "Can someone please tell me what the 1.5 to 1 means?" THE 1.5 IS THE NEER (Nominal effective exchange rate - a measure of the value of a currency against a weighted average of several foreign currencies. ).
4-23-2023 Newshound/Intel Guru Mnt Goat A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side. It is a slow decline but it is happening.
4-22-2023 Get $1,500 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. If they qualify they get a huge refund grant they never have to pay back and can spend however they like and you get a $1,500 cash reward you can spend however you like… Click here to learn more >>
4-22-2023 Newshound Guru Militia Man ...Government agencies, the GOI, the CBI, their delegation - they're all talking to us about exchange rate change, forewarning...to hold onto [the dinars] because they're going to be more strong against the dollar. They go from, 'the dinar is the strongest.', [to] 'The Iraqi dinar will rise against the US dollar in a few weeks.' ... And then he says 'soon.' And then the other day on the 18th he says, 'now.' We can take all that information to let us believe that change is coming. It's before us...what we're seeing now is phenomenal.
4-22-2023 Intel Guru Frank26 I was hoping we'd see the new small category notes this week along with the coins and the new exchange rate but it looks like it's the budget first. Don't be surprised if the budget contains internal surprises.
4-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-22-2023 Newshound Guru Kaperoni What we have to hope for is that Iraq follows the guidance of the IMF and allows the currency to float and a gradual appreciation over time based on the success and growth of Iraq 's economy.
4-22-2023 Newshound Guru Sandy Ingram This is breaking news - Iraq now has a Deposit Insurance Company like the U.S. FDIC. Article: "The Governor of the Central Bank Inaugurates the headquarters of the Iraqi Deposit Insurance Company." The company will guarantee the deposits with Iraq banks approved by the Central Bank of Iraq...What will this do is get most of the old Iraqi dinars hidden under mattresses in Iraq, into the banking system. This is a major effort to regulate the number of Iraqi dinars on the open market.
4-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] With this international float that is being explained now they are proving that they can maintain the + or - 2% compliance. It's working...
4-22-2023 Intel Guru MarkZ [via PDK] In Iraq “Traders complain about poor turnout despite Al Fitr” This year at the end of Ramadan people are cutting back on spending their dinar…of course they are saying its because people are poor and rising costs…but I think there is something bigger than this going on. Especially based on news from the street. I spoke with a couple Iraqi contacts that are on the ground in the country and they are saying the exchange rate officially is about 1300…or one dollar buys 1300 dinar. But, on the street people are refusing to let it go for anything less than 1100-1000. Meaning the dinar is stronger than it is posted right now. The chatter is amazing on the streets over there…they are anticipating that big change and do not want to give up their dinar.
4-22-2023 Newshound Guru Militia Man Al-Sudani Quote: 'There's great confidence in the Iraqi dinar noting that the exchange rate of the dollar trend to stabilize and reach the official price soon.' They already changed the official price quite some time ago...February 7th. Now they're saying it again...It sounds to me like there's going to be another change...
4-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor was on the television saying they are working extremely hard on bridging the gap between the dollar and the official dinar parallel rate. That's the internal float they are talking about...As they do this there are several international banks that are asking to operate inside of Iraq... FRANK: ...the internal float, that's what they are teaching you about right now.
4-22-2023 Newshound/Intel Guru Mnt Goat I can’t think of anything bad that has happened to hinder the progress of the currency reform project within Iraq...I believe that perhaps Iraq has already moved beyond the point of no return and now has to progress forward to the end with the currency reform. Yes, the situation today is not the normal that we have witnessed in the last two decades...With everything that is going on around Iraq they simply can not stay on the program rate much longer and I am surprised they lasted this long...The tone is different and now very hopeful for the future. Even when I talk to my CBI contact the tone is different...
4-22-2023 Intel Guru Bruce [via WiserNow] we talked about Iraq already doing exchanges of large three zero dinar notes like we have into lower denomination dinar at a factor of whatever that rate was - That was done and they have been exchanging dinar for the last 14 days or two weeks...the ATMs that have been loaded with lower denominations were activated Tuesday morning...
4-22-2023 Newshound Guru Militia Man ...Government agencies, the GOI, the CBI, their delegation - they're all talking to us about exchange rate change, forewarning...to hold onto [the dinars] because they're going to be more strong against the dollar. They go from, 'the dinar is the strongest.', [to] 'The Iraqi dinar will rise against the US dollar in a few weeks.' ... And then he says 'soon.' And then the other day on the 18th he says, 'now.' We can take all that information to let us believe that change is coming. It's before us...what we're seeing now is phenomenal.
4-22-2023 Intel Guru Frank26 I was hoping we'd see the new small category notes this week along with the coins and the new exchange rate but it looks like it's the budget first. Don't be surprised if the budget contains internal surprises.
4-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-22-2023 Newshound Guru Kaperoni What we have to hope for is that Iraq follows the guidance of the IMF and allows the currency to float and a gradual appreciation over time based on the success and growth of Iraq 's economy.
4-22-2023 Newshound Guru Sandy Ingram This is breaking news - Iraq now has a Deposit Insurance Company like the U.S. FDIC. Article: "The Governor of the Central Bank Inaugurates the headquarters of the Iraqi Deposit Insurance Company." The company will guarantee the deposits with Iraq banks approved by the Central Bank of Iraq...What will this do is get most of the old Iraqi dinars hidden under mattresses in Iraq, into the banking system. This is a major effort to regulate the number of Iraqi dinars on the open market.
4-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] With this international float that is being explained now they are proving that they can maintain the + or - 2% compliance. It's working...
4-22-2023 Intel Guru MarkZ [via PDK] In Iraq “Traders complain about poor turnout despite Al Fitr” This year at the end of Ramadan people are cutting back on spending their dinar…of course they are saying its because people are poor and rising costs…but I think there is something bigger than this going on. Especially based on news from the street. I spoke with a couple Iraqi contacts that are on the ground in the country and they are saying the exchange rate officially is about 1300…or one dollar buys 1300 dinar. But, on the street people are refusing to let it go for anything less than 1100-1000. Meaning the dinar is stronger than it is posted right now. The chatter is amazing on the streets over there…they are anticipating that big change and do not want to give up their dinar.
4-22-2023 Newshound Guru Militia Man Al-Sudani Quote: 'There's great confidence in the Iraqi dinar noting that the exchange rate of the dollar trend to stabilize and reach the official price soon.' They already changed the official price quite some time ago...February 7th. Now they're saying it again...It sounds to me like there's going to be another change...
4-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor was on the television saying they are working extremely hard on bridging the gap between the dollar and the official dinar parallel rate. That's the internal float they are talking about...As they do this there are several international banks that are asking to operate inside of Iraq... FRANK: ...the internal float, that's what they are teaching you about right now.
4-22-2023 Newshound/Intel Guru Mnt Goat I can’t think of anything bad that has happened to hinder the progress of the currency reform project within Iraq...I believe that perhaps Iraq has already moved beyond the point of no return and now has to progress forward to the end with the currency reform. Yes, the situation today is not the normal that we have witnessed in the last two decades...With everything that is going on around Iraq they simply can not stay on the program rate much longer and I am surprised they lasted this long...The tone is different and now very hopeful for the future. Even when I talk to my CBI contact the tone is different...
4-22-2023 Intel Guru Bruce [via WiserNow] we talked about Iraq already doing exchanges of large three zero dinar notes like we have into lower denomination dinar at a factor of whatever that rate was - That was done and they have been exchanging dinar for the last 14 days or two weeks...the ATMs that have been loaded with lower denominations were activated Tuesday morning...
4-21-2023 Get $1,500 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. If they qualify they get a huge refund grant they never have to pay back and can spend however they like and you get a $1,500 cash reward you can spend however you like… Click here to learn more >>
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Bank Friend Aki report of last Thursday's CBI meetings with affiliate banks] You are going to see a tender that will be posted on the CBI website...the CBI is putting out a tender, a contractual agreement, on the printing of the national currency of the new small category notes and coins...they are asking to print more...because they're going to be needed for the Iraqi citizens when they come in and exchange their 3-zero notes...this tender will include pictures of the new national currency. It will include picture of the coins. It will introduce the different sizes...denominations, coins materials used...
4-21-2023 Newshound Guru Militia Man It's a fascinating time...Over the last two months we've had some interesting comments...by the Central Bank of Iraq, the government of Iraq...The Finance Ministry, The Planning, all these other Ministries, they've all been talking...Back in March the Central Bank reassures the Iraqis, 'Your dinars are stronger.' That's a key point...that's what they've been telling them.
4-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is back again on TV and he's saying all of the private sector will be in dinars. That's what he told us yesterday and he talked about paying everyone in dinars - cars, electrify, furniture, everything in dinars as we are already seeing this in the streets. We need our national currency that they are telling us about. FRANK: You have been painted into a corner of monetary reform. Congratulations...there are no other steps except to present the new National currency, the coins and the new exchange rate to you Iraqi citizens...it's no longer years or months away.
4-21-2023 Intel Guru Bruce [via WiserNow] ...guess who was in Reno to help get this thing started for us? S Mnuchin – Judy Shelton -She was the appointee by Trump to get this RV underway and stay with it till it's done...You had the Chinese elders there...You had a delegation of five delegates plus or security staff from Iraq...So there was a great compilation of individuals there to set this thing in motion for us...we are waiting - but not much longer... we'll see what happens in the next couple days.
4-21-2023 Intel Guru MarkZ [via PDK] We continue to get reports from Iraq that the budget and HCL law will be done before May 1st. We also believe that the rate will follow very quickly once the HCL law done, stamped and completed...Let’s hope this is the weekend…things are really looking awesome.
4-21-2023 Guru Nader From The Mid East The guy I follow him a lot. He's the only guy who says like normal things. You should follow him too. He's the the Prime Minister advisor. He always have something good. Everything read about his it's good. His name is Saleh. He's amazing. You should follow him. You should look for his articles. Very interesting. Very true. Very relatable.
4-21-2023 Newshound Guru Clare Article quote: "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work"
4-21-2023 Intel Guru Frank26 There's a lot of information pouring out right now. I mean a lot of information. Did we not tell you that in the 3rd week of this month you would have a plethora, a piñata full of information? The CBI would be extremely loud. But it's not just the CBI but it's also the Prime Minister. This fire hydrant of information that is pouring out at a fast volume.
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] 1.5 dinars would equal about .50 cents to the dollar...it's all about the accounting. It's all about the numbers. Once the numbers are set exactly the way the RV had established it then you'll see everything come out. That's what it's about at this stage in the monetary reform.
4-21-2023 Intel Guru MarkZ [via PDK] Iraq is now in the middle of Eid Al Fitr. A big holiday in Iraq and their government is clearly telling us “before May” so to me they will have everything done in the next 9 days. We should be able to watch that movement.
4-21-2023 Newshound Guru Militia Man Alaq on the 13th 'alerted' us that something was coming. Then three business days later they come out and say there's a value...'it's now 1.5 times more strong' so they had to make an adjustment...there comes a time...that you can't back out. If they've gotten to that stage we're in a really really good spot. I don't know if it's going to be tomorrow, the next day...but they're telling us, this is their words...
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: After EID we expect some changes to the current rate to more like maybe 1000 to 1 maybe less. Then they can drop the 3-zeros. Here comes our fils. Here comes our lower notes. FRANK: Yes you are headed in the right direction. That is a good sequence of events for the monetary reform to reveal itself. Pay attention to your prime minister. He's trying to tell you that your currency is at 1.1 to the American dollar. It is possible they will start to float at 1 to 1.5 instead of 1 to 1...
4-21-2023 Intel Guru Bruce [via WiserNow] ...Iraq has been exchanging their dinar in the country of Iraq for about over 10 days now, up to about 12 days. And we know people that have done the exchanges there that are Iraqi that have taken the high three zero notes and exchanged them at a new rate and gotten the equivalent in Iraqi dinar, new Iraqi dinar, which are the lower denominations of the currency ...basically fives 10s 20s 50s Hundreds...Now – it’s good to know that exchanges are happening there and everything's hunky dory and I think it's business as usual in Iraq...but they still don't want us to...know the rate on the Iraqi dinar until we get started for exchanges...it's hidden from us – it’s kept from us...
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Bank Friend Aki report of last Thursday's CBI meetings with affiliate banks] You are going to see a tender that will be posted on the CBI website...the CBI is putting out a tender, a contractual agreement, on the printing of the national currency of the new small category notes and coins...they are asking to print more...because they're going to be needed for the Iraqi citizens when they come in and exchange their 3-zero notes...this tender will include pictures of the new national currency. It will include picture of the coins. It will introduce the different sizes...denominations, coins materials used...
4-21-2023 Newshound Guru Militia Man It's a fascinating time...Over the last two months we've had some interesting comments...by the Central Bank of Iraq, the government of Iraq...The Finance Ministry, The Planning, all these other Ministries, they've all been talking...Back in March the Central Bank reassures the Iraqis, 'Your dinars are stronger.' That's a key point...that's what they've been telling them.
4-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is back again on TV and he's saying all of the private sector will be in dinars. That's what he told us yesterday and he talked about paying everyone in dinars - cars, electrify, furniture, everything in dinars as we are already seeing this in the streets. We need our national currency that they are telling us about. FRANK: You have been painted into a corner of monetary reform. Congratulations...there are no other steps except to present the new National currency, the coins and the new exchange rate to you Iraqi citizens...it's no longer years or months away.
4-21-2023 Intel Guru Bruce [via WiserNow] ...guess who was in Reno to help get this thing started for us? S Mnuchin – Judy Shelton -She was the appointee by Trump to get this RV underway and stay with it till it's done...You had the Chinese elders there...You had a delegation of five delegates plus or security staff from Iraq...So there was a great compilation of individuals there to set this thing in motion for us...we are waiting - but not much longer... we'll see what happens in the next couple days.
4-21-2023 Intel Guru MarkZ [via PDK] We continue to get reports from Iraq that the budget and HCL law will be done before May 1st. We also believe that the rate will follow very quickly once the HCL law done, stamped and completed...Let’s hope this is the weekend…things are really looking awesome.
4-21-2023 Guru Nader From The Mid East The guy I follow him a lot. He's the only guy who says like normal things. You should follow him too. He's the the Prime Minister advisor. He always have something good. Everything read about his it's good. His name is Saleh. He's amazing. You should follow him. You should look for his articles. Very interesting. Very true. Very relatable.
4-21-2023 Newshound Guru Clare Article quote: "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work"
4-21-2023 Intel Guru Frank26 There's a lot of information pouring out right now. I mean a lot of information. Did we not tell you that in the 3rd week of this month you would have a plethora, a piñata full of information? The CBI would be extremely loud. But it's not just the CBI but it's also the Prime Minister. This fire hydrant of information that is pouring out at a fast volume.
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] 1.5 dinars would equal about .50 cents to the dollar...it's all about the accounting. It's all about the numbers. Once the numbers are set exactly the way the RV had established it then you'll see everything come out. That's what it's about at this stage in the monetary reform.
4-21-2023 Intel Guru MarkZ [via PDK] Iraq is now in the middle of Eid Al Fitr. A big holiday in Iraq and their government is clearly telling us “before May” so to me they will have everything done in the next 9 days. We should be able to watch that movement.
4-21-2023 Newshound Guru Militia Man Alaq on the 13th 'alerted' us that something was coming. Then three business days later they come out and say there's a value...'it's now 1.5 times more strong' so they had to make an adjustment...there comes a time...that you can't back out. If they've gotten to that stage we're in a really really good spot. I don't know if it's going to be tomorrow, the next day...but they're telling us, this is their words...
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: After EID we expect some changes to the current rate to more like maybe 1000 to 1 maybe less. Then they can drop the 3-zeros. Here comes our fils. Here comes our lower notes. FRANK: Yes you are headed in the right direction. That is a good sequence of events for the monetary reform to reveal itself. Pay attention to your prime minister. He's trying to tell you that your currency is at 1.1 to the American dollar. It is possible they will start to float at 1 to 1.5 instead of 1 to 1...
4-21-2023 Intel Guru Bruce [via WiserNow] ...Iraq has been exchanging their dinar in the country of Iraq for about over 10 days now, up to about 12 days. And we know people that have done the exchanges there that are Iraqi that have taken the high three zero notes and exchanged them at a new rate and gotten the equivalent in Iraqi dinar, new Iraqi dinar, which are the lower denominations of the currency ...basically fives 10s 20s 50s Hundreds...Now – it’s good to know that exchanges are happening there and everything's hunky dory and I think it's business as usual in Iraq...but they still don't want us to...know the rate on the Iraqi dinar until we get started for exchanges...it's hidden from us – it’s kept from us...
4-20-2023 Get $1,500 Cash Reward Covid lockdowns devestated small businesses. They need help. 80% of small businesses qualify for a covid disruption refund but most don't know they qualify. The average refund is $110,000 to $270,000, with no strings attached. This is money they overpaid the government during covid. Most don’t know about it or assume they don’t qualify. But most DO qualify. Do you know a small business owner? We need help connecting with these businesses so they get their money. That’s where you and your $1,500 reward coming in… Click here to learn more >>
4-20-2023 Intel Guru MarkZ [via PDK] Community Memeber Question: "Dong rate?" I still say $2.25 but hearing it could be as high as $4. We will not know until we get there….I would be happy with $1 and be excited.
4-20-2023 Newshound Guru Clare Article "Central Bank: Car showrooms will deal in Iraqi dinars" Quote "The Central Bank confirmed...the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector."
4-20-2023 Newshound Guru Militia Man Article quote "The Central Bank of Iraq sent millions of text messages to reassure citizens about the government's measures to confront the high price of the dollar...we make the national currency stronger. Your dinars are stronger in light of government measures and the central bank." They say it specifically to us. They're gearing us...to be prepared for something to come.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] The controlled float that they are talking about to the Iraqi citizens is a plus or minus of two to three percent compliance. That's international compliance. That is removing all restrictions on the currency of Iraq . The whole point to be able to buy, sell and trade without any restrictions. This marks Article VIII.
4-20-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY:They have now made it where all goods and services being sold inside of Iraq must only be sold using the dinar, not the dollar. This is going to get dangerous if they don't release the new exchange rate soon.
4-20-2023 Newshound Guru Kaperoni Community comment: "They better hurry up and float it, because if not, and they keep linked to the US Dollar, the dinar is headed south with our dollar." They will float the dinar when they have created sufficient momentum for their economy that will support it. They will no longer be pegged.
4-20-2023 Newshound Guru Clare Article: "Iraq market stops its activity for five days" Quote: "Based on the Cabinet's decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday."
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] [CBI governor saying alert for exchange rate change] It's weird to hear this... the monetary reform education has no surprises anymore. It just has the facts...
4-20-2023 Intel Guru Frank26 Article Quote: "...we are witnessing today that the parallel exchange market is rapidly approaching the official price." Hot diggity dog. The new national currency of Iraq with a new national exchange rate! This is a powerful article. This is shove it in somebody's nose when they tell you it's a scam. Its' a great article.
4-20-2023 Intel Guru MarkZ [via PDK] Article: “Minister of Finance directs the working hours of Al Rasheed and Al Rafidan employees during the Eid El Fitr holiday” They have them working for days straight throughout the holiday …but, 99% of the country will be off. I think this is very important. If they want dinar in all the hands of the folks…If they are going to revalue or reset their currency…it would be important for banking to be open. Article: “Iraqi Market suspends its activities for five days.” Think about that…Banks will be open but the stock market will not. You would think if it’s all about the Eid Al Fitr holiday everything would be shut down. The timing is pretty interesting in my book.
4-20-2023 Newshound Guru Militia Man On April 13 Alaq Central Bank Governor says, 'Alert, Alert we're going to have a potential rate change.' The backdrop is bold red. To me he says Red Alert...am I reading into it? Maybe. But it really is powerful.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] I don't care if it's 1.5 to 1 or 15 to 1 either one of those if they start with it - Wow! That's a lot of money...it's far better than 1500 to 1...for them to be revealing this information to the Iraqi citizens it just shows you we are there...it's interesting to see these numbers in print. Hell it's about time! But who knows. This may be legit. We may be interpreting it correctly. We may be interpreting it incorrectly.
4-20-2023 Intel Guru Frank26 Instagram Post "Prime Minister Mr. Mohmaed Shia Al-Sudani: The exchange rate will return to 15 dinars per dollar and our financial situation is at its best." ...The IQD at $1.50? ...Is it 15 or is it 1.5? ... 1.5 to 1 dinar or 15 dinars to 1 dollar? I don't know.
4-20-2023 Intel Guru Bruce [via WiserNow] Are we waiting for anything else? That we don't know? We don't know of anything else. That tells us – when it’s this quiet, like people that we're supposed to have heard from did not communicate with us by text or call - Neither one - that tells me we're in this quiet before the storm. We're in the quiet before the release of everything ... the Treasury gave a green light for us to go forward. So unless something happened and those were rescinded, we should still be ready to go...we heard this could...occur at any minute.
4-20-2023 Intel Guru MarkZ [via PDK] We are hearing a lot of chatter over the next few days and especially for over the weekend. So, I feel good. I feel like we are there. The news is overwhelmingly good.
4-20-2023 Intel Guru MarkZ [via PDK] Community Memeber Question: "Dong rate?" I still say $2.25 but hearing it could be as high as $4. We will not know until we get there….I would be happy with $1 and be excited.
4-20-2023 Newshound Guru Clare Article "Central Bank: Car showrooms will deal in Iraqi dinars" Quote "The Central Bank confirmed...the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector."
4-20-2023 Newshound Guru Militia Man Article quote "The Central Bank of Iraq sent millions of text messages to reassure citizens about the government's measures to confront the high price of the dollar...we make the national currency stronger. Your dinars are stronger in light of government measures and the central bank." They say it specifically to us. They're gearing us...to be prepared for something to come.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] The controlled float that they are talking about to the Iraqi citizens is a plus or minus of two to three percent compliance. That's international compliance. That is removing all restrictions on the currency of Iraq . The whole point to be able to buy, sell and trade without any restrictions. This marks Article VIII.
4-20-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY:They have now made it where all goods and services being sold inside of Iraq must only be sold using the dinar, not the dollar. This is going to get dangerous if they don't release the new exchange rate soon.
4-20-2023 Newshound Guru Kaperoni Community comment: "They better hurry up and float it, because if not, and they keep linked to the US Dollar, the dinar is headed south with our dollar." They will float the dinar when they have created sufficient momentum for their economy that will support it. They will no longer be pegged.
4-20-2023 Newshound Guru Clare Article: "Iraq market stops its activity for five days" Quote: "Based on the Cabinet's decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday."
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] [CBI governor saying alert for exchange rate change] It's weird to hear this... the monetary reform education has no surprises anymore. It just has the facts...
4-20-2023 Intel Guru Frank26 Article Quote: "...we are witnessing today that the parallel exchange market is rapidly approaching the official price." Hot diggity dog. The new national currency of Iraq with a new national exchange rate! This is a powerful article. This is shove it in somebody's nose when they tell you it's a scam. Its' a great article.
4-20-2023 Intel Guru MarkZ [via PDK] Article: “Minister of Finance directs the working hours of Al Rasheed and Al Rafidan employees during the Eid El Fitr holiday” They have them working for days straight throughout the holiday …but, 99% of the country will be off. I think this is very important. If they want dinar in all the hands of the folks…If they are going to revalue or reset their currency…it would be important for banking to be open. Article: “Iraqi Market suspends its activities for five days.” Think about that…Banks will be open but the stock market will not. You would think if it’s all about the Eid Al Fitr holiday everything would be shut down. The timing is pretty interesting in my book.
4-20-2023 Newshound Guru Militia Man On April 13 Alaq Central Bank Governor says, 'Alert, Alert we're going to have a potential rate change.' The backdrop is bold red. To me he says Red Alert...am I reading into it? Maybe. But it really is powerful.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] I don't care if it's 1.5 to 1 or 15 to 1 either one of those if they start with it - Wow! That's a lot of money...it's far better than 1500 to 1...for them to be revealing this information to the Iraqi citizens it just shows you we are there...it's interesting to see these numbers in print. Hell it's about time! But who knows. This may be legit. We may be interpreting it correctly. We may be interpreting it incorrectly.
4-20-2023 Intel Guru Frank26 Instagram Post "Prime Minister Mr. Mohmaed Shia Al-Sudani: The exchange rate will return to 15 dinars per dollar and our financial situation is at its best." ...The IQD at $1.50? ...Is it 15 or is it 1.5? ... 1.5 to 1 dinar or 15 dinars to 1 dollar? I don't know.
4-20-2023 Intel Guru Bruce [via WiserNow] Are we waiting for anything else? That we don't know? We don't know of anything else. That tells us – when it’s this quiet, like people that we're supposed to have heard from did not communicate with us by text or call - Neither one - that tells me we're in this quiet before the storm. We're in the quiet before the release of everything ... the Treasury gave a green light for us to go forward. So unless something happened and those were rescinded, we should still be ready to go...we heard this could...occur at any minute.
4-20-2023 Intel Guru MarkZ [via PDK] We are hearing a lot of chatter over the next few days and especially for over the weekend. So, I feel good. I feel like we are there. The news is overwhelmingly good.
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4-19-2023 Newshound Guru Clare Trade Bank of Iraq tweet "It was decided that the approved cash currency in all ATMs affiliated to the Iraqi Trade Bank shall be in the dinar currency only, and the dollar currency shall be canceled from those devices, as well as the national currency shall be adopted in all electronic financial services, in implementation of the decision of the Council of Ministers and the directives of the Central Bank of Iraq."
4-19-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI governor is talking more of this program rate plan and the alert that they put us on. They are telling us this is all part of the restructure of Iraq 's banking... FRANK: It's important for you to understand. They are not trying to stabilize the program rate. They are trying to stabilize the discrepancy between the Iraqi dinar and the American dollar. To close the gap. That is the internal float...This gap is too big right now...They have to narrow it to reach 1 to 1 in order to float internationally...They are moving like a bunch of ants quickly to accomplish their goal.
4-19-2023 Newshound Guru Sandy Ingram A way to stay wealthy is finding a way to provide a monthly cash flow so we do not spend our initial profits...hiring a financial advisor is recommended... Step 3: Is NOT for everyone...many ex-pats live extremely well on $2000/month outside of the United States . If you do anything else except pay for medical insurance...you are on your way to being broke. This is not a mistake you can afford to make... [Post 3 of 3] [NOTE: Consult your tax and financial experts at the appropriate time to build plans for your unique circumstances.]
4-19-2023 Newshound Guru Sandy Ingram If you are trying to exchange 100,000 Iraqi dinar, in the future, for .25 cents or even 1 dinar to 1 US dollar there will be a lot of questions asked. This information would be forwarded to the IRS and 2 or 3 years later if this transaction did not show up on your tax return you would receive a letter from the Department of the Treasury. This letter could be the beginning of your path to prison if you do or did not comply. Step 2: The wealthy have stock and they borrow against their stock for living expenses, most times...we have to do things a little differently. [Post 2 of 3....stay tuned]
4-19-2023 Newshound Guru Sandy Ingram How to protect your exotic currency profits... Step 1: Treat taxes like an expense...In the United States you...can buy exotic currencies all day everyday and never be taxed, until you exchange the currency for US dollars (or any currency) and earn a profit...You may say, 'I travel all the time and exchange currency... without paying taxes.' While this is true, I dare you to bring back $10,000 of that country's currency and exchange it in the United States.... [Post 1 of 3...stay tuned]
4-19-2023 Intel Guru MarkZ I am excited about everything going on. ...The third reading of the 3 year budget I am hearing may be late tonight or early tomorrow? That they want it done for Eid Al Fitr by Thursday on the 20th which is tomorrow.
4-19-2023 Intel Guru Frank26 Article quote: "A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price...after the agreement with the American side." HERE IS THE NEXT RATE DECREASE WE TOLD YOU ABOUT BEFORE THEY START THE FLOAT! THERE ARE NO MORE SECRETS TO THE MONETARY REFORM!...
4-19-2023 Newshound Guru Pimpy There is no in-country/out-country special rate. I don't care what the hell people tell you. All you have to do is apply common sense. If that was the case you would have people smuggling money all day long...If somebody is selling 1750 dinars for every dollar I would take as much money as possible, buy those dinars, turn around and go back into Iraq's bank and exchange my dinars for American currency at the fixed rate 1300 dinars for every dollar. I'd be pocketing another 450 dinars in revenue. So no there is no in-country rate. There is no special rate for officials. There's none of that crap. That doesn't make any sense.
4-19-2023 Newshound Guru Militia Man Where we are is an amazing time frame because the budget is key in importance. We have Al Sudani, it's not his job to be telling people that his currency is going to change in the next few weeks, but he does...
4-19-2023 Guest Guru Goldilocks Iraq is expanding their ISX market to include oil, gold, and foreign companies. This will expand the reach of the Iraqi Dinar and create more demand for their currency. It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time. They will need to move from a programmed rate to a competitive rate to succeed on a market expansion such as this we are witnessing. We are getting even closer my friends.
4-19-2023 Newshound Guru Clare Question "since the budget has been read twice does it have to be voted on before a third reading?" No IMO.
4-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said - with the help of the US Treasury they are now working on stabilizing the program rate. It's being done with an internal float. When this is completed all these meeting with the World Bank and IMF is because they will be the one helping us go international. The process is moving at full force. FRANK: And quickly.
4-19-2023 Intel Guru MarkZ [via PDK] Member comment: I hear the dong rate will be through the roof. MarkZ: I am hearing that as well….
4-19-2023 Newshound/Intel Guru Mnt Goat The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C...the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform...Then articles...come out this week...quote - “The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister...al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks...Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading...How could the news possibly get any better?
4-19-2023 Newshound Guru Clare Trade Bank of Iraq tweet "It was decided that the approved cash currency in all ATMs affiliated to the Iraqi Trade Bank shall be in the dinar currency only, and the dollar currency shall be canceled from those devices, as well as the national currency shall be adopted in all electronic financial services, in implementation of the decision of the Council of Ministers and the directives of the Central Bank of Iraq."
4-19-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI governor is talking more of this program rate plan and the alert that they put us on. They are telling us this is all part of the restructure of Iraq 's banking... FRANK: It's important for you to understand. They are not trying to stabilize the program rate. They are trying to stabilize the discrepancy between the Iraqi dinar and the American dollar. To close the gap. That is the internal float...This gap is too big right now...They have to narrow it to reach 1 to 1 in order to float internationally...They are moving like a bunch of ants quickly to accomplish their goal.
4-19-2023 Newshound Guru Sandy Ingram A way to stay wealthy is finding a way to provide a monthly cash flow so we do not spend our initial profits...hiring a financial advisor is recommended... Step 3: Is NOT for everyone...many ex-pats live extremely well on $2000/month outside of the United States . If you do anything else except pay for medical insurance...you are on your way to being broke. This is not a mistake you can afford to make... [Post 3 of 3] [NOTE: Consult your tax and financial experts at the appropriate time to build plans for your unique circumstances.]
4-19-2023 Newshound Guru Sandy Ingram If you are trying to exchange 100,000 Iraqi dinar, in the future, for .25 cents or even 1 dinar to 1 US dollar there will be a lot of questions asked. This information would be forwarded to the IRS and 2 or 3 years later if this transaction did not show up on your tax return you would receive a letter from the Department of the Treasury. This letter could be the beginning of your path to prison if you do or did not comply. Step 2: The wealthy have stock and they borrow against their stock for living expenses, most times...we have to do things a little differently. [Post 2 of 3....stay tuned]
4-19-2023 Newshound Guru Sandy Ingram How to protect your exotic currency profits... Step 1: Treat taxes like an expense...In the United States you...can buy exotic currencies all day everyday and never be taxed, until you exchange the currency for US dollars (or any currency) and earn a profit...You may say, 'I travel all the time and exchange currency... without paying taxes.' While this is true, I dare you to bring back $10,000 of that country's currency and exchange it in the United States.... [Post 1 of 3...stay tuned]
4-19-2023 Intel Guru MarkZ I am excited about everything going on. ...The third reading of the 3 year budget I am hearing may be late tonight or early tomorrow? That they want it done for Eid Al Fitr by Thursday on the 20th which is tomorrow.
4-19-2023 Intel Guru Frank26 Article quote: "A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price...after the agreement with the American side." HERE IS THE NEXT RATE DECREASE WE TOLD YOU ABOUT BEFORE THEY START THE FLOAT! THERE ARE NO MORE SECRETS TO THE MONETARY REFORM!...
4-19-2023 Newshound Guru Pimpy There is no in-country/out-country special rate. I don't care what the hell people tell you. All you have to do is apply common sense. If that was the case you would have people smuggling money all day long...If somebody is selling 1750 dinars for every dollar I would take as much money as possible, buy those dinars, turn around and go back into Iraq's bank and exchange my dinars for American currency at the fixed rate 1300 dinars for every dollar. I'd be pocketing another 450 dinars in revenue. So no there is no in-country rate. There is no special rate for officials. There's none of that crap. That doesn't make any sense.
4-19-2023 Newshound Guru Militia Man Where we are is an amazing time frame because the budget is key in importance. We have Al Sudani, it's not his job to be telling people that his currency is going to change in the next few weeks, but he does...
4-19-2023 Guest Guru Goldilocks Iraq is expanding their ISX market to include oil, gold, and foreign companies. This will expand the reach of the Iraqi Dinar and create more demand for their currency. It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time. They will need to move from a programmed rate to a competitive rate to succeed on a market expansion such as this we are witnessing. We are getting even closer my friends.
4-19-2023 Newshound Guru Clare Question "since the budget has been read twice does it have to be voted on before a third reading?" No IMO.
4-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said - with the help of the US Treasury they are now working on stabilizing the program rate. It's being done with an internal float. When this is completed all these meeting with the World Bank and IMF is because they will be the one helping us go international. The process is moving at full force. FRANK: And quickly.
4-19-2023 Intel Guru MarkZ [via PDK] Member comment: I hear the dong rate will be through the roof. MarkZ: I am hearing that as well….
4-19-2023 Newshound/Intel Guru Mnt Goat The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C...the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform...Then articles...come out this week...quote - “The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister...al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks...Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading...How could the news possibly get any better?
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4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This has never happened before. The CBI has never come out on television, on our media and said 'A rate change alert'. This is amazing to hear. FRANK: It doesn't get any better than that! ...The streets are ablaze. We've got some serious fire here with all the talk of a new exchange rate coming to us and a new currency with coins. It's not a rumor any more is it...there are no secrets between the citizens of Iraq and the CBI monetary reform..
4-18-2023 Guest Guru Deepwoodz Question: "How rich is Iraq?" ...The world proven oil reserves, and Iraq 12%. If oil in the ground is money in the bank, Iraq is wealthy. Iraq can produce 2 billion barrels per year. At $100 per barrel, that oil would sell for $200 billion...If Iraq sells a quarter of its potential reserves at an average price of $100 for the next 20 years, that would generate 90 billion x $100 = $9 trillion...If Iraq invests only a quarter of its oil revenue for the next 20 years, it will match current US productive assets per capita...These calculations do not include natural gas revenue, lately about equal to oil revenue. Also, most of Iraq has not been explored for gas or oil...By this I’d guess…filthy rich. Keep in mind this is only oil.
4-18-2023 Guru Nader From The Mid East I give the news. I just like the news from the TV, from the radio and give it to people. It's not an opinion.
4-18-2023 Intel Guru MarkZ [via PDK] “Iraqi official states Kurdistan oil exports could restart within days” ...This is important because they won’t resume until they have the HCL law. The section 140 hydrocarbon law. This is a big piece of news because if they are resuming…this means the HCL and the budget is done...It’s all been agreed to- they just need to announce it. It’s going to be a great week…an interesting week...Try to stay sane this week…it may be full of ups and downs.
4-18-2023 Intel/Newshound Guru Walkingstick [via Frank26] They want the citizens to know their new national currency will be stronger than it's ever been - Stronger than any currency that they have ever been using because the American dollar is tumbling and Iraq is going in the opposite direction.
4-18-2023 Intel Guru Frank26 Articles Quote: "The convergence between the official exchange rate and the parallel market rate is a positive reflection of the national currency, and the coming days will witness a greater acceleration in its decline." What you're saying is there are two rates in your country. One of them is based against the dollar. And the other one is based against jerks who want to inflate your currency...what have you done? Controlled it. How? Having an internal float. The controlled float is being done internally right now, they are talking about the + or - 2%-3% compliance. This is removing all restriction on the national currency of Iraq!
4-18-2023 Newshound Guru Militia Man ...Al Sudani stated this weekend that there was going to be a rise against the dollar with the Iraqi dinar. So the Iraqi dinar is to increase. If you remember back about a week or two ago, maybe a little longer...he says, '...we reassure the citizen to not acquire the dollar because the dinar is the strongest". It's open public information that he's telling his citizens be careful using the dollar. Don't get rid of your dinars...He not only said it once, he said it twice...
4-18-2023 Intel Guru MarkZ [via PDK] Well it was cooking in Iraq last night with expectations of more cooking in the next few hours again...I am hearing the Iraqi Parliament may call a late session for the third budget meeting late tonight. If not, I am being told that session will be opened for it tomorrow. They went into the wee hours last night to pass the second reading. The HCL in the budget is supposed to go into effect in days telling us they do plan on having everything done…pretty exciting news over there.
4-18-2023 Intel Guru yada ...I believe we are very close...before/during Eid and expectation of the rate release before the budget is finalized, EID is this weekend, 2nd reading yesterday...
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor...is saying the CBI is on high alert to change the dinar exchange rate. He is saying this on News Channel One...He's saying do to the auditing transfers of the hard currency. This has to be done. FRANK: He's talking about the float.
4-18-2023 Intel Guru MarkZ [via PDK] Question: What do you think the dinar rate will be? MarkZ Answer: With a combination of what my gut is telling me…charts, and conversations...I believe it will be somewhere between $4.20 - $5.35… After many conversations that is what I think we are going to see. But I could be way off and completely wrong.
4-18-2023 Newshound/Intel Guru Mnt Goat In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar...
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This has never happened before. The CBI has never come out on television, on our media and said 'A rate change alert'. This is amazing to hear. FRANK: It doesn't get any better than that! ...The streets are ablaze. We've got some serious fire here with all the talk of a new exchange rate coming to us and a new currency with coins. It's not a rumor any more is it...there are no secrets between the citizens of Iraq and the CBI monetary reform..
4-18-2023 Guest Guru Deepwoodz Question: "How rich is Iraq?" ...The world proven oil reserves, and Iraq 12%. If oil in the ground is money in the bank, Iraq is wealthy. Iraq can produce 2 billion barrels per year. At $100 per barrel, that oil would sell for $200 billion...If Iraq sells a quarter of its potential reserves at an average price of $100 for the next 20 years, that would generate 90 billion x $100 = $9 trillion...If Iraq invests only a quarter of its oil revenue for the next 20 years, it will match current US productive assets per capita...These calculations do not include natural gas revenue, lately about equal to oil revenue. Also, most of Iraq has not been explored for gas or oil...By this I’d guess…filthy rich. Keep in mind this is only oil.
4-18-2023 Guru Nader From The Mid East I give the news. I just like the news from the TV, from the radio and give it to people. It's not an opinion.
4-18-2023 Intel Guru MarkZ [via PDK] “Iraqi official states Kurdistan oil exports could restart within days” ...This is important because they won’t resume until they have the HCL law. The section 140 hydrocarbon law. This is a big piece of news because if they are resuming…this means the HCL and the budget is done...It’s all been agreed to- they just need to announce it. It’s going to be a great week…an interesting week...Try to stay sane this week…it may be full of ups and downs.
4-18-2023 Intel/Newshound Guru Walkingstick [via Frank26] They want the citizens to know their new national currency will be stronger than it's ever been - Stronger than any currency that they have ever been using because the American dollar is tumbling and Iraq is going in the opposite direction.
4-18-2023 Intel Guru Frank26 Articles Quote: "The convergence between the official exchange rate and the parallel market rate is a positive reflection of the national currency, and the coming days will witness a greater acceleration in its decline." What you're saying is there are two rates in your country. One of them is based against the dollar. And the other one is based against jerks who want to inflate your currency...what have you done? Controlled it. How? Having an internal float. The controlled float is being done internally right now, they are talking about the + or - 2%-3% compliance. This is removing all restriction on the national currency of Iraq!
4-18-2023 Newshound Guru Militia Man ...Al Sudani stated this weekend that there was going to be a rise against the dollar with the Iraqi dinar. So the Iraqi dinar is to increase. If you remember back about a week or two ago, maybe a little longer...he says, '...we reassure the citizen to not acquire the dollar because the dinar is the strongest". It's open public information that he's telling his citizens be careful using the dollar. Don't get rid of your dinars...He not only said it once, he said it twice...
4-18-2023 Intel Guru MarkZ [via PDK] Well it was cooking in Iraq last night with expectations of more cooking in the next few hours again...I am hearing the Iraqi Parliament may call a late session for the third budget meeting late tonight. If not, I am being told that session will be opened for it tomorrow. They went into the wee hours last night to pass the second reading. The HCL in the budget is supposed to go into effect in days telling us they do plan on having everything done…pretty exciting news over there.
4-18-2023 Intel Guru yada ...I believe we are very close...before/during Eid and expectation of the rate release before the budget is finalized, EID is this weekend, 2nd reading yesterday...
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor...is saying the CBI is on high alert to change the dinar exchange rate. He is saying this on News Channel One...He's saying do to the auditing transfers of the hard currency. This has to be done. FRANK: He's talking about the float.
4-18-2023 Intel Guru MarkZ [via PDK] Question: What do you think the dinar rate will be? MarkZ Answer: With a combination of what my gut is telling me…charts, and conversations...I believe it will be somewhere between $4.20 - $5.35… After many conversations that is what I think we are going to see. But I could be way off and completely wrong.
4-18-2023 Newshound/Intel Guru Mnt Goat In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar...
4-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-17-2023 Intel Guru MarkZ [via PDK] In Iraq - “The house of representatives keeps its session open and resumes this evening” They completed the second reading. We do not yet know the timing of the third reading. There were no changes in the budget law…this is important...What I am hearing from Iraq …there is a possibility they do their third reading tomorrow and just announce it. They are trying to keep things as quiet as they can. They want to keep it under wraps until Thursday or maybe Friday. There are a lot of rumors and chatter from the banking side that tomorrow could be the “GO”…. We will see.
4-17-2023 Intel Guru Frank26 It is strictly in my opinion they are now prepared to show them the new small category notes
4-17-2023 Newshound Guru Breitling What is Iraq looking at? They're looking at more customers. They want to sell more product and have more customers. That's it... Iraq and the Middle East are changing their financial strategy/business plan on how to gain more customers...
4-17-2023 Intel Guru MarkZ [via PDK] ...they were suddenly ready to do the second reading of the budget on Sunday…Earlier we had been told they were not going to read it until after Ramadan and make a lot of changes to the budget. But many of us were of the mindset that everything is already done. We firmly believe we will see a little bit of smoke and then they send it out. Similar to the smoke we saw from Kuwait and China before they had major value changes to their currency. They read it and passed it with no changes for the second reading…the final reading is coming…my sources say they expect to see that tomorrow. Perhaps that is why we are seeing a lot of chatter about tomorrow right now….
4-17-2023 Newshound Guru Sandy Ingram Participate in one or more of the low-cost investment options so that you are building wealth while we wait on the Iraqi dinar to revalue, float or go digital. It is important to keep the doors of investment open. Once you train the mind to expect wealth it will come. Your subconscious mind will never ever let you down. Be careful of your thoughts...
4-17-2023 Newshound Guru Clare Article: "Central Bank: Foreign exchange reserves exceed $110 billion" Quote: "most of them are invested in assets that are as close as possible to risk-free"
4-17-2023 Newshound/Intel Guru Walkingstick [via Frank26] We suggested there would be another rate change before the float at least 1 to 1. It went from 1300 to 1132 then IMO the next rate change will put the IQD in position to float at 1 to 1, 1 to 2, 1 to 3 it is unknown to us at this time. We do not have those variable. It's being presented to the Iraqi citizens themselves. They already told them. That alone is so powerful.
4-17-2023 Newshound Guru Militia Man ...The Central Bank...told everybody on TV that the Central Bank issued 3 circulars obligating the owners of residential complexes and companies to the official dollar price and pricing everything in Iraqi dinars. Based on the decision of the Council of Ministers which stipulated obligating all government agencies and the private sector to price their products in dinars. That's huge... That's everything in country in dinars. Also keep in mind they're sayings you'll need to be doing it in the currency at the official exchange rate.
4-17-2023 Intel Guru MarkZ [via PDK] Question: ...will we receive our RV phone numbers this week. MarkZ answer: if 5% of the rumors and chatter are accurate, yes....I had a major contact reach out and tell me “Hey, we are getting ready to be done…I am so excited” But I have not heard any details on timing yet...stay calm this week. Don’t be surprised about rumors coming out on delays for a couple months…disinformation and smoke is a necessary thing during the final process.
4-17-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar”... He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-17-2023 Intel Guru Frank26 Article: "Saleh: Iraq's exit from the list of the most indebted to the "International Monetary" is an attractive factor for investment" Quote: "Salih, considered that Iraq's exit from the list of countries most indebted to the International Monetary Fund is an attractive element for investment, as it greatly raises the creditworthiness of Iraq"
4-17-2023 Intel Guru yada ...Rate will need to be released before they finalize the budget...
4-17-2023 Intel Guru MarkZ [via PDK] In Iraq - “The house of representatives keeps its session open and resumes this evening” They completed the second reading. We do not yet know the timing of the third reading. There were no changes in the budget law…this is important...What I am hearing from Iraq …there is a possibility they do their third reading tomorrow and just announce it. They are trying to keep things as quiet as they can. They want to keep it under wraps until Thursday or maybe Friday. There are a lot of rumors and chatter from the banking side that tomorrow could be the “GO”…. We will see.
4-17-2023 Intel Guru Frank26 It is strictly in my opinion they are now prepared to show them the new small category notes
4-17-2023 Newshound Guru Breitling What is Iraq looking at? They're looking at more customers. They want to sell more product and have more customers. That's it... Iraq and the Middle East are changing their financial strategy/business plan on how to gain more customers...
4-17-2023 Intel Guru MarkZ [via PDK] ...they were suddenly ready to do the second reading of the budget on Sunday…Earlier we had been told they were not going to read it until after Ramadan and make a lot of changes to the budget. But many of us were of the mindset that everything is already done. We firmly believe we will see a little bit of smoke and then they send it out. Similar to the smoke we saw from Kuwait and China before they had major value changes to their currency. They read it and passed it with no changes for the second reading…the final reading is coming…my sources say they expect to see that tomorrow. Perhaps that is why we are seeing a lot of chatter about tomorrow right now….
4-17-2023 Newshound Guru Sandy Ingram Participate in one or more of the low-cost investment options so that you are building wealth while we wait on the Iraqi dinar to revalue, float or go digital. It is important to keep the doors of investment open. Once you train the mind to expect wealth it will come. Your subconscious mind will never ever let you down. Be careful of your thoughts...
4-17-2023 Newshound Guru Clare Article: "Central Bank: Foreign exchange reserves exceed $110 billion" Quote: "most of them are invested in assets that are as close as possible to risk-free"
4-17-2023 Newshound/Intel Guru Walkingstick [via Frank26] We suggested there would be another rate change before the float at least 1 to 1. It went from 1300 to 1132 then IMO the next rate change will put the IQD in position to float at 1 to 1, 1 to 2, 1 to 3 it is unknown to us at this time. We do not have those variable. It's being presented to the Iraqi citizens themselves. They already told them. That alone is so powerful.
4-17-2023 Newshound Guru Militia Man ...The Central Bank...told everybody on TV that the Central Bank issued 3 circulars obligating the owners of residential complexes and companies to the official dollar price and pricing everything in Iraqi dinars. Based on the decision of the Council of Ministers which stipulated obligating all government agencies and the private sector to price their products in dinars. That's huge... That's everything in country in dinars. Also keep in mind they're sayings you'll need to be doing it in the currency at the official exchange rate.
4-17-2023 Intel Guru MarkZ [via PDK] Question: ...will we receive our RV phone numbers this week. MarkZ answer: if 5% of the rumors and chatter are accurate, yes....I had a major contact reach out and tell me “Hey, we are getting ready to be done…I am so excited” But I have not heard any details on timing yet...stay calm this week. Don’t be surprised about rumors coming out on delays for a couple months…disinformation and smoke is a necessary thing during the final process.
4-17-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar”... He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-17-2023 Intel Guru Frank26 Article: "Saleh: Iraq's exit from the list of the most indebted to the "International Monetary" is an attractive factor for investment" Quote: "Salih, considered that Iraq's exit from the list of countries most indebted to the International Monetary Fund is an attractive element for investment, as it greatly raises the creditworthiness of Iraq"
4-17-2023 Intel Guru yada ...Rate will need to be released before they finalize the budget...
4-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-16-2023 Intel Guru Frank26 [Sudani and CBI's stacking up over the weeks] Whale song 1. Hold on to your dinars. 2. ...soon you will be exchanging them for your new national currency. 3. ...soon they [dinars] will have value. 4. And finally today, Iraqi citizens your currency is worth more than the American dollar. What!?! : )
4-16-2023 Newshound Guru Militia Man They're at an official rate of 1310 and the parallel market has been as high as 1800. They're going to fix that. One way to fix that is to get all the citizens goods and services...off the dollar. That is exactly what they're doing. They've stated numerous times the dollar is going to be gone and the dinar is going to be the strongest. Al Sudani says it twice, people are starting to take him seriously and now that... they're going to force people to use the dinar only in country is very very powerful.
4-16-2023 Newshound Guru Sandy Ingram What happens to Iraq's paper money once they go digital? ...Only 5 countries are fully digital and these are all Caribbean countries (Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, and Grenada)...The questions we have are 1. Will non-citizens be given an opportunity to exchange paper money for digital money? 2. Will there be a limit on how much we can exchange? Until Iraq joins the international monetary platform, we will be at the discretion of Iraq on how they handle paper money outside of the country.
4-16-2023 Newshound Guru Clare Article: "The Central Bank of Iraq is in the process of expanding the network of banks to provide service in different currencies such as yuan or euro" Quote: "there is a desire by solid international banks to enter the Iraqi banking sector and work inside the country."
4-16-2023 Newshound Guru Kaperoni Iraq is working diligently to create the economy needed to float the dinar. Hopefully, within year or two they will be in a position to begin to float...owning Iraqi dinar is not a lottery ticket there is no overnight significant increase in the dinar. ...It's going to take time but only with the success and growth of their economy will the dinar go up. They do have a plan, it just takes time. The economic success of Iraq will proceed any increase in value. And the value increase will be a direct result of the success of that growth...Hopefully in the next month or so we will see the budget pass, then some important legislation will follow.
4-16-2023 Newshound Guru Henig Article: "Chambers of Commerce: Dollarization of markets has decreased and the exchange rate will reach 140" Quote: "the use of the dollar in trade exchange and debt repayment at home, or what is known as market dollarization, fell by 10% for the first time in many years, and the demand began to be greater for the adoption of the dinar in ending transactions and exchanges between traders within local markets... The markets of Diyala and the rest of the provinces are witnessing a remarkable decline in the exchange rate of the dollar recently..."
4-16-23 Intel Guru Frank26 After the 1950's our exchange rate started to improve. All the 3-zero notes that were in our circulation were no longer being used. Did the United States tell the citizens, 'You know that $1,000, $500? It's no longer legal tender after a certain amount of time.' No. It's still legal tender...I don't believe they're going to put that pressure on the Iraqi citizens ...which means they're not going to put that pressure on you to trade in your 3-zeros either. [Post 2 of 2]
4-16-23 Intel Guru Frank26 Question: "Will there be a cutoff date on the 3-zero notes to encourage the citizens to get their notes off the street?" I don't believe the CBI is going to mandate, 'you've only got 3 months to bring in your 3-zero notes.' They would be stabbing their own citizens in the back...I always use the example of the United States of America. [Post 1 of 2....stay tuned]
4-16-2023 Newshound Guru Militia Man They're publicly making it known to everybody inside the country to start repricing in the dinar. What else can you say? Something's coming. Something's up. They're already in the dinar per se at 1310, are they not? Why reprice? Well because the change is coming.
4-16-2023 Newshound Guru Sandy Ingram We cannot confirm yet. We are being told that ALL shop owners in Iraq have been ordered to price and sell all goods in Iraqi dinars at the rate of 1310. This may be a good thing.
4-16-2023 Newshound/Intel Guru Mnt Goat ...The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the dinar reaches at some point close to 1000 rate after comparing to the parallel market, they fully intend to drop the three zeros and begin issuing the newer lower denominations
4-16-2023 Intel Guru Frank26 [Sudani and CBI's stacking up over the weeks] Whale song 1. Hold on to your dinars. 2. ...soon you will be exchanging them for your new national currency. 3. ...soon they [dinars] will have value. 4. And finally today, Iraqi citizens your currency is worth more than the American dollar. What!?! : )
4-16-2023 Newshound Guru Militia Man They're at an official rate of 1310 and the parallel market has been as high as 1800. They're going to fix that. One way to fix that is to get all the citizens goods and services...off the dollar. That is exactly what they're doing. They've stated numerous times the dollar is going to be gone and the dinar is going to be the strongest. Al Sudani says it twice, people are starting to take him seriously and now that... they're going to force people to use the dinar only in country is very very powerful.
4-16-2023 Newshound Guru Sandy Ingram What happens to Iraq's paper money once they go digital? ...Only 5 countries are fully digital and these are all Caribbean countries (Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, and Grenada)...The questions we have are 1. Will non-citizens be given an opportunity to exchange paper money for digital money? 2. Will there be a limit on how much we can exchange? Until Iraq joins the international monetary platform, we will be at the discretion of Iraq on how they handle paper money outside of the country.
4-16-2023 Newshound Guru Clare Article: "The Central Bank of Iraq is in the process of expanding the network of banks to provide service in different currencies such as yuan or euro" Quote: "there is a desire by solid international banks to enter the Iraqi banking sector and work inside the country."
4-16-2023 Newshound Guru Kaperoni Iraq is working diligently to create the economy needed to float the dinar. Hopefully, within year or two they will be in a position to begin to float...owning Iraqi dinar is not a lottery ticket there is no overnight significant increase in the dinar. ...It's going to take time but only with the success and growth of their economy will the dinar go up. They do have a plan, it just takes time. The economic success of Iraq will proceed any increase in value. And the value increase will be a direct result of the success of that growth...Hopefully in the next month or so we will see the budget pass, then some important legislation will follow.
4-16-2023 Newshound Guru Henig Article: "Chambers of Commerce: Dollarization of markets has decreased and the exchange rate will reach 140" Quote: "the use of the dollar in trade exchange and debt repayment at home, or what is known as market dollarization, fell by 10% for the first time in many years, and the demand began to be greater for the adoption of the dinar in ending transactions and exchanges between traders within local markets... The markets of Diyala and the rest of the provinces are witnessing a remarkable decline in the exchange rate of the dollar recently..."
4-16-23 Intel Guru Frank26 After the 1950's our exchange rate started to improve. All the 3-zero notes that were in our circulation were no longer being used. Did the United States tell the citizens, 'You know that $1,000, $500? It's no longer legal tender after a certain amount of time.' No. It's still legal tender...I don't believe they're going to put that pressure on the Iraqi citizens ...which means they're not going to put that pressure on you to trade in your 3-zeros either. [Post 2 of 2]
4-16-23 Intel Guru Frank26 Question: "Will there be a cutoff date on the 3-zero notes to encourage the citizens to get their notes off the street?" I don't believe the CBI is going to mandate, 'you've only got 3 months to bring in your 3-zero notes.' They would be stabbing their own citizens in the back...I always use the example of the United States of America. [Post 1 of 2....stay tuned]
4-16-2023 Newshound Guru Militia Man They're publicly making it known to everybody inside the country to start repricing in the dinar. What else can you say? Something's coming. Something's up. They're already in the dinar per se at 1310, are they not? Why reprice? Well because the change is coming.
4-16-2023 Newshound Guru Sandy Ingram We cannot confirm yet. We are being told that ALL shop owners in Iraq have been ordered to price and sell all goods in Iraqi dinars at the rate of 1310. This may be a good thing.
4-16-2023 Newshound/Intel Guru Mnt Goat ...The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the dinar reaches at some point close to 1000 rate after comparing to the parallel market, they fully intend to drop the three zeros and begin issuing the newer lower denominations
4-15-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-15-2023 Intel Guru MarkZ [via PDK] “Central Bank: There is harmony between the Iraqi government and the bank in the process of reforming the banking sector.” When they say “the bank” they are referring to the World Bank , UN, IMF. There are multiple articles out about the meetings . This to me is huge. They are running all these articles to give confidence to the dinar before the reinstatement. A lot is occurring in Iraq and it is exciting.
4-15-2023 Newshound Guru Militia Man Al-Bawi says it's likely the dinar will recover from its fall to the dollar with that approaching budget. The expectation is with what they're doing, the dollar is going to be bye-bye - it's going to go away...because they're removing the dollar from internal usage. That means they're telling everybody all goods and services have to be in dinar.
4-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-15-2023 Intel Guru Frank26 Article " Iraq revives its tea plantation in Vietnam and discusses its development" THE IQD & THE VND ARE INTERESTING.
4-15-2023 Newshound Guru Pimpy That's worse than where the dinar is today. "But this past week a dollar was fetching just 750 to 1100 dinars per dollar..." You're looking at a 62% increase. I don't know about you but I wouldn't mind the value of the dinar increasing up to 750 dinars than where we are right now. That'd be really nice. Still not where we want it to be but definitely a lot better than where it is and where it was...the number we want to continue to decrease is the amount of dinars per dollar...I'm telling you we're going to see articles like this pretty soon. [Post 2 of 2]
4-15-2023 Newshound Guru Pimpy I came across this older article about the Iraqi dinar... Article: "Saddam winning out over dollar" Quote: "The Iraqi dinars bearing the former dictator's image soars in value against a dollar in recent days." You might see these same headlines here shortly. This is from May 22, 2003. Quote: "Is a currency posting the biggest gains against a dollar in recent weeks isn't the Euro or the Yen, it's the Iraqi dinar...Baghdad says the dinar's value is soaring reversing a slide that had accelerated during the war. The Baltimore Sun reported that 2 weeks ago $1 could buy 2,000 dinars..." [Post 1 of 2....stay tuned]
4-15-2023 Intel Guru MarkZ [via PDK] Breaking News! 2nd budgeting reading tomorrow in Iraq! Article: “The House of Representatives will hold a session tomorrow, Sunday, for the second reading of the budget bill.” ...they are done…just simply watching them play out. This is BIG news guys. Everybody had been concerned that this was put off until after Ramadan.
4-15-2023 Newshound Guru Henig Article: "In preparation for holding her accountable. Central Bank: Recording a list of complexes and companies that are not committed to the exchange rate" Quote: "The Central Bank issued three circulars obliging the owners of residential complexes and companies at the official dollar rate and pricing in Iraqi dinars...we sent the list to the Investment Authority to hold it accountable...all providers of services and goods inside Iraq must adhere to the official exchange rate and be dealing in local currency,"
4-15-2023 Newshound Guru Militia Man If you looked at the pictures in the public eye between Brian Nelson [US Department of the Treasury] and the Central Bank Governor - both those guys are grinning like Cheshire cats. It's pretty big. [From the Iraqi Central Bank delegation meeting in Washington D.C]
4-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's been a massive campaign. Day after day all they do is talk to us. They talking about how private sector will be growing with a boom and also how the dinar is stronger than the American dollar and to only use the dinar not the dollar. FRANK: ...That's a powerful statement from those that you are supposed to only listen to. The CBI just told you the Iraqi dinar is more powerful than the American dollar? On what planet? They are trying to tell you that you have a new exchange rate on your new national currency. Congratulation son!
4-15-2023 Newshound Guru Sandy Ingram Article: "Iraqi delegation meets with IMF, World Bank officials in Washington". The World Bank and the IMF! Quote: "...Iraqi delegation included the CBI's governor...and the Iraqi Minister of Finance..." This meeting did not make headlines but was tried in the news feed from two days ago. Not sure if this meeting really has to do with the existing exchange rate or future proposals. All I can say for sure is something is going on.
4-15-2023 Intel Guru MarkZ [via PDK] Member Comment: I was told Iraq banks will be open all weekend. MarkZ: Yes… I have heard that too. Even with it being Ramadan...that is very unusual. They are usually closed Fridays and Saturdays and reopen on Sundays.
4-15-2023 Intel Guru Bruce [via WiserNow] ...we're getting pretty good information about what happened here...with delegations from Iraq that were here and negotiating with some of our key people...they were able to finalize negotiations on the Iraqi dinar that we will see on our bank screens, including the one that is considered the contract rate...By the way, they [the rates] are very good...There is NO contract rate on the dong...But if that rate I heard is still there...when we go in, it’s going to blow us away...
4-15-2023 Intel Guru MarkZ [via PDK] “Central Bank: There is harmony between the Iraqi government and the bank in the process of reforming the banking sector.” When they say “the bank” they are referring to the World Bank , UN, IMF. There are multiple articles out about the meetings . This to me is huge. They are running all these articles to give confidence to the dinar before the reinstatement. A lot is occurring in Iraq and it is exciting.
4-15-2023 Newshound Guru Militia Man Al-Bawi says it's likely the dinar will recover from its fall to the dollar with that approaching budget. The expectation is with what they're doing, the dollar is going to be bye-bye - it's going to go away...because they're removing the dollar from internal usage. That means they're telling everybody all goods and services have to be in dinar.
4-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-15-2023 Intel Guru Frank26 Article " Iraq revives its tea plantation in Vietnam and discusses its development" THE IQD & THE VND ARE INTERESTING.
4-15-2023 Newshound Guru Pimpy That's worse than where the dinar is today. "But this past week a dollar was fetching just 750 to 1100 dinars per dollar..." You're looking at a 62% increase. I don't know about you but I wouldn't mind the value of the dinar increasing up to 750 dinars than where we are right now. That'd be really nice. Still not where we want it to be but definitely a lot better than where it is and where it was...the number we want to continue to decrease is the amount of dinars per dollar...I'm telling you we're going to see articles like this pretty soon. [Post 2 of 2]
4-15-2023 Newshound Guru Pimpy I came across this older article about the Iraqi dinar... Article: "Saddam winning out over dollar" Quote: "The Iraqi dinars bearing the former dictator's image soars in value against a dollar in recent days." You might see these same headlines here shortly. This is from May 22, 2003. Quote: "Is a currency posting the biggest gains against a dollar in recent weeks isn't the Euro or the Yen, it's the Iraqi dinar...Baghdad says the dinar's value is soaring reversing a slide that had accelerated during the war. The Baltimore Sun reported that 2 weeks ago $1 could buy 2,000 dinars..." [Post 1 of 2....stay tuned]
4-15-2023 Intel Guru MarkZ [via PDK] Breaking News! 2nd budgeting reading tomorrow in Iraq! Article: “The House of Representatives will hold a session tomorrow, Sunday, for the second reading of the budget bill.” ...they are done…just simply watching them play out. This is BIG news guys. Everybody had been concerned that this was put off until after Ramadan.
4-15-2023 Newshound Guru Henig Article: "In preparation for holding her accountable. Central Bank: Recording a list of complexes and companies that are not committed to the exchange rate" Quote: "The Central Bank issued three circulars obliging the owners of residential complexes and companies at the official dollar rate and pricing in Iraqi dinars...we sent the list to the Investment Authority to hold it accountable...all providers of services and goods inside Iraq must adhere to the official exchange rate and be dealing in local currency,"
4-15-2023 Newshound Guru Militia Man If you looked at the pictures in the public eye between Brian Nelson [US Department of the Treasury] and the Central Bank Governor - both those guys are grinning like Cheshire cats. It's pretty big. [From the Iraqi Central Bank delegation meeting in Washington D.C]
4-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's been a massive campaign. Day after day all they do is talk to us. They talking about how private sector will be growing with a boom and also how the dinar is stronger than the American dollar and to only use the dinar not the dollar. FRANK: ...That's a powerful statement from those that you are supposed to only listen to. The CBI just told you the Iraqi dinar is more powerful than the American dollar? On what planet? They are trying to tell you that you have a new exchange rate on your new national currency. Congratulation son!
4-15-2023 Newshound Guru Sandy Ingram Article: "Iraqi delegation meets with IMF, World Bank officials in Washington". The World Bank and the IMF! Quote: "...Iraqi delegation included the CBI's governor...and the Iraqi Minister of Finance..." This meeting did not make headlines but was tried in the news feed from two days ago. Not sure if this meeting really has to do with the existing exchange rate or future proposals. All I can say for sure is something is going on.
4-15-2023 Intel Guru MarkZ [via PDK] Member Comment: I was told Iraq banks will be open all weekend. MarkZ: Yes… I have heard that too. Even with it being Ramadan...that is very unusual. They are usually closed Fridays and Saturdays and reopen on Sundays.
4-15-2023 Intel Guru Bruce [via WiserNow] ...we're getting pretty good information about what happened here...with delegations from Iraq that were here and negotiating with some of our key people...they were able to finalize negotiations on the Iraqi dinar that we will see on our bank screens, including the one that is considered the contract rate...By the way, they [the rates] are very good...There is NO contract rate on the dong...But if that rate I heard is still there...when we go in, it’s going to blow us away...
4-14-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-14-2023 Intel Guru Frank26 There is no such thing as an '800#' except an 800 number for the United States Treasury. They can tell you what banks they're going to be exchanging at... 'Hey come with me because I got an 800#. It's the only number where you can exchange.' That's a lie. That's a flat out lie. You want an 800# give me your credit card, turn it around. See that 800#? That's the 800# for your bank.
4-14-2023 Newshound Guru Sandy Ingram We have positive news that we like to hear. The governor of the Central Bank of Iraq receives the Regional President of the Visa corporation...during the same week the governor of the CBI received a delegation from the World Bank...there are a lot of high level meetings happening behind the scenes...
4-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-14-2023 Intel Guru MarkZ [via PDK] Member Comment: I hear Iraq is on “high alert” for a sudden change in value. MarkZ: We don’t know exactly when…but we know it is coming and they are on notice...There is still a lot of chatter about things moving at the end of the week (next week?) I think we are going to see a very quiet weekend and a very busy week next week on the news front... I don’t remember ever being this content and relaxed as to how close we are...
4-14-2023 Newshound Guru Pimpy You've got 3 major companies trying to come into Iraq. Article: "It owns Apple, Google, and Amazon data centers. Iraq receives an offer from a major international company"
4-14-2023 Intel Guru Bruce [via WiserNow] Iraq has opened their budget...They already started paying out their military, their contractors and their public works people...they started paying those three groups out yesterday in newly revalued Iraqi dinar. That's a big deal...According to our Iraqi sources, Iraq is opening their banks...on their holy day – Friday...So why would they be doing this? I understand that they're bringing in a new rate for the dinar in country – not for us – but in country...A new higher rate.
4-14-2023 Intel Guru MarkZ [via PDK] Article: “Syria’s Assad returns to Arab fold after years of Isolation” Why is this one important? We were told before Iraq RV’d we would see peace break out in the middle east. And for the most part it has. Now even in Syria we have peace.
4-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Trade Bank of Iraq is doing a campaign blitz on television today saying all their transactions will be done through electronic platforms and through their ATMs. They also emphasize strongly that the ATMs will only have dinars in them from this point onward in accord with Iraq's new national currency...
4-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's absolutely no secret...there are no secrets of the monetary reform any longer. It's all being laid out step by step exactly as the sequential effects need to be presented to the citizens in order for them to be successful with them. They have to tell and explain and educate the Iraqi citizens with every detail of the monetary reform and that is a process that is occurring right now because it must not fail at this juncture with the citizens.
4-14-2023 Newshound Guru Militia Man The Iraqi Trade Bank decides to adopt the dinar only in its electronic financial transactions. I would have to say that's pretty big because one of the key components that is a requirement of the IMF is to cease multi-currency practices and here you have a state bank, the Iraqi Trade Bank decide to adopt the dinar. Therefore it's starting to look like they're getting ready to only use the dinar and that bodes well for us...everybody should be really pretty pumped up and happy...
4-14-2023 Intel Guru MarkZ [via PDK] I don’t know if this is our weekend but there is an excellent chance this is our weekend. There is a tremendous amount of chatter that it is. We are right on it…that I do not doubt...None of my sources are telling me June or 2024. I was already told that misinformation was going to be thrown out there...We know its coming…we know it’s happening.
4-14-2023 Intel Guru Frank26 Article: "Governor of the Bank: Iraq is on alert to control the exchange rate of the dinar" THE CBI GOV PUTS THE IRAQI CITIZENS ON HIGH ALERT FOR AN ANNOUNCEMENT OF A NEW EXCHANGE RATE!
4-14-2023 Guru Nader From The Mid East Article: "The governor of the Central Bank of Iraq, Ali Al-Alaq confirmed on Thursday that Iraq is on alert to control the dinar exchange rate..."
4-14-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using ...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar” ...He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-14-2023 Intel Guru Frank26 There is no such thing as an '800#' except an 800 number for the United States Treasury. They can tell you what banks they're going to be exchanging at... 'Hey come with me because I got an 800#. It's the only number where you can exchange.' That's a lie. That's a flat out lie. You want an 800# give me your credit card, turn it around. See that 800#? That's the 800# for your bank.
4-14-2023 Newshound Guru Sandy Ingram We have positive news that we like to hear. The governor of the Central Bank of Iraq receives the Regional President of the Visa corporation...during the same week the governor of the CBI received a delegation from the World Bank...there are a lot of high level meetings happening behind the scenes...
4-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-14-2023 Intel Guru MarkZ [via PDK] Member Comment: I hear Iraq is on “high alert” for a sudden change in value. MarkZ: We don’t know exactly when…but we know it is coming and they are on notice...There is still a lot of chatter about things moving at the end of the week (next week?) I think we are going to see a very quiet weekend and a very busy week next week on the news front... I don’t remember ever being this content and relaxed as to how close we are...
4-14-2023 Newshound Guru Pimpy You've got 3 major companies trying to come into Iraq. Article: "It owns Apple, Google, and Amazon data centers. Iraq receives an offer from a major international company"
4-14-2023 Intel Guru Bruce [via WiserNow] Iraq has opened their budget...They already started paying out their military, their contractors and their public works people...they started paying those three groups out yesterday in newly revalued Iraqi dinar. That's a big deal...According to our Iraqi sources, Iraq is opening their banks...on their holy day – Friday...So why would they be doing this? I understand that they're bringing in a new rate for the dinar in country – not for us – but in country...A new higher rate.
4-14-2023 Intel Guru MarkZ [via PDK] Article: “Syria’s Assad returns to Arab fold after years of Isolation” Why is this one important? We were told before Iraq RV’d we would see peace break out in the middle east. And for the most part it has. Now even in Syria we have peace.
4-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Trade Bank of Iraq is doing a campaign blitz on television today saying all their transactions will be done through electronic platforms and through their ATMs. They also emphasize strongly that the ATMs will only have dinars in them from this point onward in accord with Iraq's new national currency...
4-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's absolutely no secret...there are no secrets of the monetary reform any longer. It's all being laid out step by step exactly as the sequential effects need to be presented to the citizens in order for them to be successful with them. They have to tell and explain and educate the Iraqi citizens with every detail of the monetary reform and that is a process that is occurring right now because it must not fail at this juncture with the citizens.
4-14-2023 Newshound Guru Militia Man The Iraqi Trade Bank decides to adopt the dinar only in its electronic financial transactions. I would have to say that's pretty big because one of the key components that is a requirement of the IMF is to cease multi-currency practices and here you have a state bank, the Iraqi Trade Bank decide to adopt the dinar. Therefore it's starting to look like they're getting ready to only use the dinar and that bodes well for us...everybody should be really pretty pumped up and happy...
4-14-2023 Intel Guru MarkZ [via PDK] I don’t know if this is our weekend but there is an excellent chance this is our weekend. There is a tremendous amount of chatter that it is. We are right on it…that I do not doubt...None of my sources are telling me June or 2024. I was already told that misinformation was going to be thrown out there...We know its coming…we know it’s happening.
4-14-2023 Intel Guru Frank26 Article: "Governor of the Bank: Iraq is on alert to control the exchange rate of the dinar" THE CBI GOV PUTS THE IRAQI CITIZENS ON HIGH ALERT FOR AN ANNOUNCEMENT OF A NEW EXCHANGE RATE!
4-14-2023 Guru Nader From The Mid East Article: "The governor of the Central Bank of Iraq, Ali Al-Alaq confirmed on Thursday that Iraq is on alert to control the dinar exchange rate..."
4-14-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using ...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar” ...He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-13-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-13-2023 Intel Guru Frank26 Question: "Does 25% seem about right for taxes?" No. I take it up to 40% and then you can give yourself a refund! [NOTE: Consult your tax professionals to determine the right amount money to withhold for taxes for your unique circumstances.]
4-13-2023 Newshound Guru Clare Article: "The US Treasury announces its readiness to assist the Iraqi Central Bank in stabilizing the exchange rate" Quote: "The US Treasury Department showed, on Wednesday, "great flexibility and willingness" to assist the Central Bank of Iraq in achieving stability in the exchange rate of the dollar against the dinar."
4-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of what they're doing right now is to establish security and stability for the exchange rate for the national currency. There are many mechanisms to bring stability to the IQD. One is to change the exchange rate against the dollar. As you can see that's exactly what they're doing...
4-13-2023 Newshound Guru Militia Man We had some really awesome news...the Finance Minister and the Central Bank of Iraq they're in Washington and they're having meetings...with the IMF, World Bank... One of their topics...is the stability of the exchange rate of the Iraqi dinar... Very telling signs. We're in a very very good place. Obviously if they're talking about the exchange rate stability of the Iraqi dinar we're probably pretty sure we're not talking about the official rate of 1310 because...they didn't do it at 1166, 1182, 1190 or 1460. So why in the world would they be having meetings at this level at this time for an exchange rate to be stabilized at 1310? It doesn't make any sense.
4-13-2023 Newshound Guru Pimpy It looks like the parallel rates between the market and the official exchange rate for the dinar is pretty much equal. This is a great sign.
4-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States of America has their Treasury Department saying in our news that they are ready to help Iraq stabilize the exchange rate and we hear on our Iraqi Channel 1 NewsTV that there are many new deals with the IMF and the World Bank on helping us with our economic reforms. A lot going on on the news today about reforms and the IMF and the World Bank and the U.S. Treasury. FRANK: They're all going to be having a big pow-wow...
4-13-2023 Guru Nader From The Mid East You have to look for...a repricing. When you see your repricing you see the exchange rate...If you see them coming repricing things in Iraq, one hour, two hour...before that they make the decision with the exchange rate. This is what we have to look for repricing in Iraq. For now everything cost 20 numbers you have to look for small numbers - the big numbers to smaller numbers that's what we're looking for...repricing is very important.
4-13-2023 Intel Guru MarkZ [via PDK] Follow the fundamentals …The dinar had value…It was devalued…it will get the value back...If they were not going to change the value appreciably …they would have reprinted bills a long time ago that did not have the zeros on it. They would have already done that if they did not intend to revalue or reinstate their currency value...Most of my contacts on the street including contractors …are looking for it to be a re-instatement …which to me is awesome. With inflation that should put the rate over $4 bucks? ...Iraq is going to be a regional powerhouse...I may be totally wrong but I believe with everything going on that next week is going to be our week.
4-13-2023 Intel Guru Frank26 Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" THE CBI STERILIZES IRAQ OF ALL FOREIGN CURRENCIES IN PREPARATION OF THE INTRODUCTION OF THEIR NEW NATIONAL CURRENCY! THE NSCN's IS THE NEW NATIONAL CURRENCY OF IRAQ!
4-13-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" Quote: "it was decided to cancel the dollar currency from ATMs, and also to adopt the national currency in all electronic financial services."
4-13-2023 Guest Guru CANDYKISSES Article: "Bank Governor: Iraq is on alert to adjust the exchange rate of the dinar" Quote: "The US Treasury Department showed "great flexibility and readiness" to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar."
4-13-2023 Intel Guru Frank26 Question: "Does 25% seem about right for taxes?" No. I take it up to 40% and then you can give yourself a refund! [NOTE: Consult your tax professionals to determine the right amount money to withhold for taxes for your unique circumstances.]
4-13-2023 Newshound Guru Clare Article: "The US Treasury announces its readiness to assist the Iraqi Central Bank in stabilizing the exchange rate" Quote: "The US Treasury Department showed, on Wednesday, "great flexibility and willingness" to assist the Central Bank of Iraq in achieving stability in the exchange rate of the dollar against the dinar."
4-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of what they're doing right now is to establish security and stability for the exchange rate for the national currency. There are many mechanisms to bring stability to the IQD. One is to change the exchange rate against the dollar. As you can see that's exactly what they're doing...
4-13-2023 Newshound Guru Militia Man We had some really awesome news...the Finance Minister and the Central Bank of Iraq they're in Washington and they're having meetings...with the IMF, World Bank... One of their topics...is the stability of the exchange rate of the Iraqi dinar... Very telling signs. We're in a very very good place. Obviously if they're talking about the exchange rate stability of the Iraqi dinar we're probably pretty sure we're not talking about the official rate of 1310 because...they didn't do it at 1166, 1182, 1190 or 1460. So why in the world would they be having meetings at this level at this time for an exchange rate to be stabilized at 1310? It doesn't make any sense.
4-13-2023 Newshound Guru Pimpy It looks like the parallel rates between the market and the official exchange rate for the dinar is pretty much equal. This is a great sign.
4-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States of America has their Treasury Department saying in our news that they are ready to help Iraq stabilize the exchange rate and we hear on our Iraqi Channel 1 NewsTV that there are many new deals with the IMF and the World Bank on helping us with our economic reforms. A lot going on on the news today about reforms and the IMF and the World Bank and the U.S. Treasury. FRANK: They're all going to be having a big pow-wow...
4-13-2023 Guru Nader From The Mid East You have to look for...a repricing. When you see your repricing you see the exchange rate...If you see them coming repricing things in Iraq, one hour, two hour...before that they make the decision with the exchange rate. This is what we have to look for repricing in Iraq. For now everything cost 20 numbers you have to look for small numbers - the big numbers to smaller numbers that's what we're looking for...repricing is very important.
4-13-2023 Intel Guru MarkZ [via PDK] Follow the fundamentals …The dinar had value…It was devalued…it will get the value back...If they were not going to change the value appreciably …they would have reprinted bills a long time ago that did not have the zeros on it. They would have already done that if they did not intend to revalue or reinstate their currency value...Most of my contacts on the street including contractors …are looking for it to be a re-instatement …which to me is awesome. With inflation that should put the rate over $4 bucks? ...Iraq is going to be a regional powerhouse...I may be totally wrong but I believe with everything going on that next week is going to be our week.
4-13-2023 Intel Guru Frank26 Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" THE CBI STERILIZES IRAQ OF ALL FOREIGN CURRENCIES IN PREPARATION OF THE INTRODUCTION OF THEIR NEW NATIONAL CURRENCY! THE NSCN's IS THE NEW NATIONAL CURRENCY OF IRAQ!
4-13-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" Quote: "it was decided to cancel the dollar currency from ATMs, and also to adopt the national currency in all electronic financial services."
4-13-2023 Guest Guru CANDYKISSES Article: "Bank Governor: Iraq is on alert to adjust the exchange rate of the dinar" Quote: "The US Treasury Department showed "great flexibility and readiness" to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar."
4-12-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-12-2023 Intel Guru MarkZ [via PDK] The most excitement I’ve seen today is from west coast bankers…. They believe everything is done in Iraq. And that we will see the new rate very soon. The bankers think we may see it over the weekend.
4-12-2023 Newshound Guru Pimpy We will continue to pay attention to the market. We'll continue to monitor the dollar drop against the Iraqi dinar. But be prepared for the Biden Administration to pull another trick out of their sleeve, either by using their Fed or other means to try to make the US dollar look strong and powerful and to stop the decline of its purchasing power so they could look good right in time for elections.
4-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-12-2023 Intel Guru Frank26 If you've got a small amount of Iraqi dinar it's easy to consider when to exchange your currency because you've just got a small amount. If you've got a large amount you can afford to do calculations of when to hold'm and when to fold'm.
4-12-2023 Newshound Guru Clare Article "The Sudanese advisor comments on the continued decline in the "parallel" price of the dollar" Quote "The decline in the exchange rate of the dollar in the parallel market and its start to converge towards the official exchange rate is mainly due to the success of the monetary policy of the Central Bank of Iraq...At the same time, it is supported by large foreign currency reserves, which are the highest in the country's financial history. All of these factors are gradually shrinking the gap between the two prices,"
4-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are telling you what they are doing with the monetary reform. In order to teach that they are keeping the 5k notes, tells us that the 50, 100K will also go away too. It's all going in the right direction. The monetary reform this week got very loud, very clear and closer to the end. The exchange rate is going in the right direction...
4-12-2023 Intel Guru MarkZ [via PDK] This is a big one… ”The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions” De-Dollarization. This is big.
4-12-2023 Newshound/Intel Guru Breitling You don't need as much oil as you did back in the day. Everything is becoming more and more and more efficient. They see that trend. That's why Iraq doesn't want to be in that $0.30 range and depend on energy. They need a currency that supports the foundation for their energy markets and they also need a currency that can help them invest in completely different sectors so they can diversify. That's why they want it way above the $0.30 average that everybody else has in that region...they want to go a lot higher than that...my strategy is up to a buck. Beyond that I don't know.
4-12-2023 Intel Guru Frank26 You're going to see another rate change just before they get to the 1 to 1. One to one is the mirror effect they are educating you about right now. And then it enters the float at an international level. Remember, Iraq will become a currency central hub...
4-12-2023 Guru Nader From The Mid East All we need is 1000 to 1. If we were 1000 to 1 believe me a week later we'll be 1 to 1. So wait for 1000 to 1. It's coming soon.
4-12-2023 Intel Guru MarkZ [via PDK] Expectations are HUGE for today, tomorrow and Friday. I was hoping we would have seen factual movement of money by this morning… So far it is just chatter…but that chatter has gotten enormous. I have seen a lot of positive banking stories…from tellers and bank personnel telling you that there is something massive coming and our currencies are going to be worth a lot!! It sounds really good but still waiting for somebody to have money. The news however, has been overwhelmingly positive. We need to stay grounded and see what happens today.
4-12-2023 Newshound Guru Pimpy Article: "Sudan Advisor: Central Bank succeeded in Increasing the strength of the dinar and began to approach the parallel price" This is good news. We like for them to continue to strengthen the dinar...this is awesome news. That what you want to hear. Let's hope Iraq continues to do exactly that - strengthen the Iraqi dinar.
4-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today we hear they are working on the monetary items to improve our exchange rate. This is getting exciting. Everyday they're giving us more and more information. It's pretty obvious of what's about to happen. Now they are telling us the exchange rate is moving from 1460 to 1132. FRANK: ...don't worry about the exchange rate...The program rate is reducing down to 1130. None of that matters. What matters is the Iraqi dinar is being mirrored to the USD, de-pegged and put into an international basket...it will launch the Iraqi dinar into a brand new stratosphere...
4-12-2023 Newshound/Intel Guru Mnt Goat The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market...The first step is for the parallel rate to match the CBI rate of 1132...we don’t know, and even the CBI does not know, how long this change will take...Saleh also stated that at the same time, the rate of the dinar is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices...
4-12-2023 Intel Guru MarkZ [via PDK] The most excitement I’ve seen today is from west coast bankers…. They believe everything is done in Iraq. And that we will see the new rate very soon. The bankers think we may see it over the weekend.
4-12-2023 Newshound Guru Pimpy We will continue to pay attention to the market. We'll continue to monitor the dollar drop against the Iraqi dinar. But be prepared for the Biden Administration to pull another trick out of their sleeve, either by using their Fed or other means to try to make the US dollar look strong and powerful and to stop the decline of its purchasing power so they could look good right in time for elections.
4-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-12-2023 Intel Guru Frank26 If you've got a small amount of Iraqi dinar it's easy to consider when to exchange your currency because you've just got a small amount. If you've got a large amount you can afford to do calculations of when to hold'm and when to fold'm.
4-12-2023 Newshound Guru Clare Article "The Sudanese advisor comments on the continued decline in the "parallel" price of the dollar" Quote "The decline in the exchange rate of the dollar in the parallel market and its start to converge towards the official exchange rate is mainly due to the success of the monetary policy of the Central Bank of Iraq...At the same time, it is supported by large foreign currency reserves, which are the highest in the country's financial history. All of these factors are gradually shrinking the gap between the two prices,"
4-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are telling you what they are doing with the monetary reform. In order to teach that they are keeping the 5k notes, tells us that the 50, 100K will also go away too. It's all going in the right direction. The monetary reform this week got very loud, very clear and closer to the end. The exchange rate is going in the right direction...
4-12-2023 Intel Guru MarkZ [via PDK] This is a big one… ”The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions” De-Dollarization. This is big.
4-12-2023 Newshound/Intel Guru Breitling You don't need as much oil as you did back in the day. Everything is becoming more and more and more efficient. They see that trend. That's why Iraq doesn't want to be in that $0.30 range and depend on energy. They need a currency that supports the foundation for their energy markets and they also need a currency that can help them invest in completely different sectors so they can diversify. That's why they want it way above the $0.30 average that everybody else has in that region...they want to go a lot higher than that...my strategy is up to a buck. Beyond that I don't know.
4-12-2023 Intel Guru Frank26 You're going to see another rate change just before they get to the 1 to 1. One to one is the mirror effect they are educating you about right now. And then it enters the float at an international level. Remember, Iraq will become a currency central hub...
4-12-2023 Guru Nader From The Mid East All we need is 1000 to 1. If we were 1000 to 1 believe me a week later we'll be 1 to 1. So wait for 1000 to 1. It's coming soon.
4-12-2023 Intel Guru MarkZ [via PDK] Expectations are HUGE for today, tomorrow and Friday. I was hoping we would have seen factual movement of money by this morning… So far it is just chatter…but that chatter has gotten enormous. I have seen a lot of positive banking stories…from tellers and bank personnel telling you that there is something massive coming and our currencies are going to be worth a lot!! It sounds really good but still waiting for somebody to have money. The news however, has been overwhelmingly positive. We need to stay grounded and see what happens today.
4-12-2023 Newshound Guru Pimpy Article: "Sudan Advisor: Central Bank succeeded in Increasing the strength of the dinar and began to approach the parallel price" This is good news. We like for them to continue to strengthen the dinar...this is awesome news. That what you want to hear. Let's hope Iraq continues to do exactly that - strengthen the Iraqi dinar.
4-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today we hear they are working on the monetary items to improve our exchange rate. This is getting exciting. Everyday they're giving us more and more information. It's pretty obvious of what's about to happen. Now they are telling us the exchange rate is moving from 1460 to 1132. FRANK: ...don't worry about the exchange rate...The program rate is reducing down to 1130. None of that matters. What matters is the Iraqi dinar is being mirrored to the USD, de-pegged and put into an international basket...it will launch the Iraqi dinar into a brand new stratosphere...
4-12-2023 Newshound/Intel Guru Mnt Goat The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market...The first step is for the parallel rate to match the CBI rate of 1132...we don’t know, and even the CBI does not know, how long this change will take...Saleh also stated that at the same time, the rate of the dinar is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices...
4-11-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] This coming Thursday you're going to be learning about a very large meeting. All hands on deck meeting. This Thursday the CBI will be talking to its bank managers/structure. They will be giving them instructions on credit cards they will be passing out, the ATMs on where they are and how to use them and the new small category notes. This is a meeting they're having this coming Thursday...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is already doing campaigns telling everyone only pay attention to what is on our site and not to listen to any other sources about banking issue...They are telling us only to watch the CBI for true information on changes. FRANK: The CBI is focusing in on the announcement...They want to make perfectly clear to any idiot that has a different opinion to keep their mouth shut...IMO they are about to make an announcement of a new national currency, with a new exchange rate...and possibly the procedure on the float of the Iraqi dinar internationally...this is the last phase.
4-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-11-2023 Intel Guru MarkZ [via PDK] I have a lot of excited people calling me …but we have not seen the money move yet... There is a heck of a lot of emphasis right now on the next 3 days...The number of people excited right now is exciting…just stay grounded. I know we are close...We know based on what Iraq is telling us that we are extremely close.
4-11-2023 Guru Nader From The Mid East This week you're gonna see a lot of changes on the dinar side. You're gonna see dinar up. It's going to start to float. When it starts to float you're gonna see it going to 1 to 1,000. When you see 1000 to 1 you're gonna see people talk about about the 3-zeros - How we delete the 3-zeros. They have to delete the 3-zeros first and that's going to happen soon.
4-11-2023 Guest Guru Deepwoodz Article: "Trump: The dollar will collapse and it will be the biggest loss for America" I like this statement from Trump and the fact that Iraq is taking notice. Dollars need to be taboo to the citizens of Iraq. They need to let it go once and for all and never look back. Unless of course they want to travel to America. Articles of late show that the world is pulling back from the dollar...For now I like a weak dollar if that transmits into a stronger dinar. We should want as many dollars as we can get for our dinar. No lottery winners, only smart investors.
4-11-2023 Newshound Guru Militia Man Back in February they changed the exchange rate from 1450 to 1310...when they did that Al Sudani warned people, 'Hey, your dinar are going to be stronger.' But he wasn't specific ...In a previous statement Al-Sudani said...quote "We reassure the citizens not to acquire the dollar because the dinar is strongest." And then this weekend we see videos of marketplaces. We see the parallel market decreasing which means the Iraqi dinar is increasing...it looks like what we're seeing on public media is they're out using their dollars to buy dinar...The expectation is there will be significant change in the future in the dinar and it will be stronger than the dollar. That's my words...what I feel is the description of what was said by Al-Sudani today. Everything looks really really pretty spectacular...they have massive inroads of progress.
4-11-2023 Intel Guru Frank26 If you've got the dollar going down in value inside Iraq automatically the dinar goes up in value. That's all there is to it.
4-11-2023 Newshound Guru Clare Article: "Trump: The dollar will collapse and it will be the biggest loss for America" Quote: "Former US President Donald Trump said, Our currency is collapsing and soon it will no longer be the world's reserve currency and it will be our biggest loss in 200 years" [Reference Guru Pimpy's Post Below]
4-11-2023 Intel Guru MarkZ [via PDK] The disinformation is very strong right now. They are trying to cloud everything. You can continue to ride the roller coaster or watch it all happen...the question of course is “What’s the timing?” There is an enormous amount of attention being paid by people here in the states and some European contacts and Asian contacts to Wed thru Fri of this week. We will see if it materializes. We are paying close attention to the 12th, 13th and 14th.
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] We knew some of the 3-zero notes would coexist. Now they're talking about one note of the 3-zero notes that are out there. The 5K is going to be used for internal usage only. Here in the US we have a $1000...but they don't use them anymore in circulation...The reason you don't see it is because it's used for internal usage in American banks...if the new small category notes were not coming out there would be no reason to tell them about the 5K note.
4-11-2023 Newshound Guru Pimpy A lot of you are asking me what does it mean about the dollar continuing to lose its value. As you can see the dinar continues to gain strength against the U.S. dollar...In addition to everything else that's going on in Iraq, also keep an eye on the value of the dollar. As it continues to drop, other currencies will rise up against it. I caught a lot of flack for that but as you can see what I was saying was accurate. This is going to allow the Iraqi dinar to continue to go up in increments...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI today said...the 5000 note and how this will still be used. Wow...I asked my bank friend and he said...even after the project to delete the 3-zeros and we're given the new currency and the coins that the 5K note is still going to be used in the banking system...from one bank to another bank...it's not going to be for everyday usage of citizens of Iraq... FRANK: That's great news...because it's going to join the 50K and 100K for internal use...the monetary reform education is getting louder and more specific. They are preparing you so you can trade in your 3-zeros note for your new small category notes and coins...
4-11-2023 Newshound/Intel Guru Mnt Goat The CBI needs to get this parallel market to the CBI official rate of 1132. 147.750 is a good start down from 150.000. It’s moving finally and I think this recent move is do the retriction of selling dollars to street venders and citizens. They also cut back on how much you can take on your cards. Eventually the CBI will find the needed balance and the rate will drop to the needed 100.000 and away we go…
4-11-2023 Intel Guru MarkZ [via PDK] “A rapid decline in dollar prices in Baghdad and Erbil-and the stock market clarifies” Especially in the Kurdish region they are dumping US dollars and embracing their dinar. They know something is coming. Maybe they are looking for a serious change in value.
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] This coming Thursday you're going to be learning about a very large meeting. All hands on deck meeting. This Thursday the CBI will be talking to its bank managers/structure. They will be giving them instructions on credit cards they will be passing out, the ATMs on where they are and how to use them and the new small category notes. This is a meeting they're having this coming Thursday...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is already doing campaigns telling everyone only pay attention to what is on our site and not to listen to any other sources about banking issue...They are telling us only to watch the CBI for true information on changes. FRANK: The CBI is focusing in on the announcement...They want to make perfectly clear to any idiot that has a different opinion to keep their mouth shut...IMO they are about to make an announcement of a new national currency, with a new exchange rate...and possibly the procedure on the float of the Iraqi dinar internationally...this is the last phase.
4-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-11-2023 Intel Guru MarkZ [via PDK] I have a lot of excited people calling me …but we have not seen the money move yet... There is a heck of a lot of emphasis right now on the next 3 days...The number of people excited right now is exciting…just stay grounded. I know we are close...We know based on what Iraq is telling us that we are extremely close.
4-11-2023 Guru Nader From The Mid East This week you're gonna see a lot of changes on the dinar side. You're gonna see dinar up. It's going to start to float. When it starts to float you're gonna see it going to 1 to 1,000. When you see 1000 to 1 you're gonna see people talk about about the 3-zeros - How we delete the 3-zeros. They have to delete the 3-zeros first and that's going to happen soon.
4-11-2023 Guest Guru Deepwoodz Article: "Trump: The dollar will collapse and it will be the biggest loss for America" I like this statement from Trump and the fact that Iraq is taking notice. Dollars need to be taboo to the citizens of Iraq. They need to let it go once and for all and never look back. Unless of course they want to travel to America. Articles of late show that the world is pulling back from the dollar...For now I like a weak dollar if that transmits into a stronger dinar. We should want as many dollars as we can get for our dinar. No lottery winners, only smart investors.
4-11-2023 Newshound Guru Militia Man Back in February they changed the exchange rate from 1450 to 1310...when they did that Al Sudani warned people, 'Hey, your dinar are going to be stronger.' But he wasn't specific ...In a previous statement Al-Sudani said...quote "We reassure the citizens not to acquire the dollar because the dinar is strongest." And then this weekend we see videos of marketplaces. We see the parallel market decreasing which means the Iraqi dinar is increasing...it looks like what we're seeing on public media is they're out using their dollars to buy dinar...The expectation is there will be significant change in the future in the dinar and it will be stronger than the dollar. That's my words...what I feel is the description of what was said by Al-Sudani today. Everything looks really really pretty spectacular...they have massive inroads of progress.
4-11-2023 Intel Guru Frank26 If you've got the dollar going down in value inside Iraq automatically the dinar goes up in value. That's all there is to it.
4-11-2023 Newshound Guru Clare Article: "Trump: The dollar will collapse and it will be the biggest loss for America" Quote: "Former US President Donald Trump said, Our currency is collapsing and soon it will no longer be the world's reserve currency and it will be our biggest loss in 200 years" [Reference Guru Pimpy's Post Below]
4-11-2023 Intel Guru MarkZ [via PDK] The disinformation is very strong right now. They are trying to cloud everything. You can continue to ride the roller coaster or watch it all happen...the question of course is “What’s the timing?” There is an enormous amount of attention being paid by people here in the states and some European contacts and Asian contacts to Wed thru Fri of this week. We will see if it materializes. We are paying close attention to the 12th, 13th and 14th.
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] We knew some of the 3-zero notes would coexist. Now they're talking about one note of the 3-zero notes that are out there. The 5K is going to be used for internal usage only. Here in the US we have a $1000...but they don't use them anymore in circulation...The reason you don't see it is because it's used for internal usage in American banks...if the new small category notes were not coming out there would be no reason to tell them about the 5K note.
4-11-2023 Newshound Guru Pimpy A lot of you are asking me what does it mean about the dollar continuing to lose its value. As you can see the dinar continues to gain strength against the U.S. dollar...In addition to everything else that's going on in Iraq, also keep an eye on the value of the dollar. As it continues to drop, other currencies will rise up against it. I caught a lot of flack for that but as you can see what I was saying was accurate. This is going to allow the Iraqi dinar to continue to go up in increments...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI today said...the 5000 note and how this will still be used. Wow...I asked my bank friend and he said...even after the project to delete the 3-zeros and we're given the new currency and the coins that the 5K note is still going to be used in the banking system...from one bank to another bank...it's not going to be for everyday usage of citizens of Iraq... FRANK: That's great news...because it's going to join the 50K and 100K for internal use...the monetary reform education is getting louder and more specific. They are preparing you so you can trade in your 3-zeros note for your new small category notes and coins...
4-11-2023 Newshound/Intel Guru Mnt Goat The CBI needs to get this parallel market to the CBI official rate of 1132. 147.750 is a good start down from 150.000. It’s moving finally and I think this recent move is do the retriction of selling dollars to street venders and citizens. They also cut back on how much you can take on your cards. Eventually the CBI will find the needed balance and the rate will drop to the needed 100.000 and away we go…
4-11-2023 Intel Guru MarkZ [via PDK] “A rapid decline in dollar prices in Baghdad and Erbil-and the stock market clarifies” Especially in the Kurdish region they are dumping US dollars and embracing their dinar. They know something is coming. Maybe they are looking for a serious change in value.
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4-10-2023 Intel Guru Frank26 Question: "Is there one thing that worries you about the monetary reform?" Yeah. That it's coming. I mean that sincerely...now that it's here on the doorsteps knocking on our door. They're soon to open that door and I'm concerned about how people are gong to react with this money...I'm worried about how this money is going to affect you.
4-10-2023 Newshound Guru Clare Article: "Iraq is on the way to achieving the second rank in the Arab world with the largest GDP growth in 2024" Quote: "the World Bank expected that Iraq would achieve the second rank in the Arab world, with the largest growth of gross domestic product, during the year 2024...Iraq's gross domestic product is expected to grow during the current year 2023 by 2.8%, after it achieved a growth during the year 2022 of 7.9%".
4-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-10-2023 Newshound Guru Militia Man 1132/1310 or whatever they tell you, [those rates] are not going to be international...improving the exchange rate of the dinar from 1460 to 1310 isn't really doing them any favors when it was 1190....So when they say, 'Monetary policy pursued by the Central Bank in its effort to improve the exchange rate of the Iraqi dinar,' it's got to mean something completely different...Article 8 compliance with the IMF is not at 1310. It doesn't fit...
4-10-2023 Intel Guru MarkZ [via PDK] ...A lot of smoke has been hitting today. They do not want anyone to guess the exact timing...they are floating later dates like May or June on purpose. They need to hide things now because they are on a short timeline to get things finished. Don’t get upset when you hear these kind of things today. They are throwing a lot of dates out there on purpose. My folks are still excited though …they are still hearing great things. I was even told to “not” reassure you people as much anymore…that want us to be uncertain of the timing right now…on purpose. But, I am especially encouraged after some calls and some back and forths today…I am going to leave it there.
4-10-2023 Newshound Guru Henig Article: "The Romanian Ambassador to Nina: Iraq is a traditional friend of ours. It will soon become one of the most important countries in the Middle East." Quote: "Iraq is located in a very active geopolitical region, and I think it will soon become one of the most important countries in the Middle East, and for the security of Romania and the European Union, it is crucial to have a politically stable and economically developed Iraq."
4-10-2023 Guest Guru Suzie Well we're a third of the way into April with this being the month to supposedly set to be shown the exchange rate and I'll go with that as things SEEM to be happening quickly, but if the end of April comes around and still no rate change or pictures of the nscn's, I may have doubts about their willingness to get this done as quickly as they report, just MY opinion.
4-10-2023 Newshound Guru Pimpy Article: "A rapid drop in dollar prices in Baghdad, Erbil and the stock exchange shows" The parallel exchange rate is dropping and getting closer to the official exchange rate...
4-10-2023 Guru Nader From The Mid East You should see how many people are changing their dollar to dinars. They're selling the dollar to dinars. This morning [Sunday] it was crazy in the stock market ...the market was at 1470 I think and everybody scared to lose their money so they changed the dollars to the dinar. This I was impressed with. They know something is going to happen. They know something is coming so they switching their dollars to the dinar. It's crazy guys.
4-10-2023 Intel Guru MarkZ [via PDK] On the RV side- you can hear a pin drop in most of the financial locations...all across the board. They are waiting quietly. ...We need to stay patient today.
4-10-2023 Newshound Guru Clare Article: "The dollar continues to decline in Baghdad and Erbil" Quote: "the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded, at 1:00 pm, 146,500 Iraqi dinars for 100 US dollars. While the prices this morning were 147,950 dinars for 100 dollars."
4-10-2023 Intel Guru Frank26 Article: "A rapid decline in dollar prices in Baghdad and Erbil, and the Stock Exchange explains." THE EXCHANGE RATE CHANGE OF THE IRAQI DINAR IS DYNAMIC RIGHT NOW, AS IT PREPARES TO FLOAT.
4-10-2023 Newshound/Intel Guru Mnt Goat Article: "Iraq new date (2023) 5,000-dinar note (B354c) confirmed" I thought Iraq was trying to get rid of these larger notes in the very near future with the project to delete the zeros? ...The fact is even after the project to delete the zeros is completed, this is one of the 3 zero notes that will be used for inter-banking transactions between countries who want to trade in hard currency transfers. These notes will not be in general circulation on the streets afterwards.
4-10-2023 Intel Guru Frank26 Question: "Is there one thing that worries you about the monetary reform?" Yeah. That it's coming. I mean that sincerely...now that it's here on the doorsteps knocking on our door. They're soon to open that door and I'm concerned about how people are gong to react with this money...I'm worried about how this money is going to affect you.
4-10-2023 Newshound Guru Clare Article: "Iraq is on the way to achieving the second rank in the Arab world with the largest GDP growth in 2024" Quote: "the World Bank expected that Iraq would achieve the second rank in the Arab world, with the largest growth of gross domestic product, during the year 2024...Iraq's gross domestic product is expected to grow during the current year 2023 by 2.8%, after it achieved a growth during the year 2022 of 7.9%".
4-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-10-2023 Newshound Guru Militia Man 1132/1310 or whatever they tell you, [those rates] are not going to be international...improving the exchange rate of the dinar from 1460 to 1310 isn't really doing them any favors when it was 1190....So when they say, 'Monetary policy pursued by the Central Bank in its effort to improve the exchange rate of the Iraqi dinar,' it's got to mean something completely different...Article 8 compliance with the IMF is not at 1310. It doesn't fit...
4-10-2023 Intel Guru MarkZ [via PDK] ...A lot of smoke has been hitting today. They do not want anyone to guess the exact timing...they are floating later dates like May or June on purpose. They need to hide things now because they are on a short timeline to get things finished. Don’t get upset when you hear these kind of things today. They are throwing a lot of dates out there on purpose. My folks are still excited though …they are still hearing great things. I was even told to “not” reassure you people as much anymore…that want us to be uncertain of the timing right now…on purpose. But, I am especially encouraged after some calls and some back and forths today…I am going to leave it there.
4-10-2023 Newshound Guru Henig Article: "The Romanian Ambassador to Nina: Iraq is a traditional friend of ours. It will soon become one of the most important countries in the Middle East." Quote: "Iraq is located in a very active geopolitical region, and I think it will soon become one of the most important countries in the Middle East, and for the security of Romania and the European Union, it is crucial to have a politically stable and economically developed Iraq."
4-10-2023 Guest Guru Suzie Well we're a third of the way into April with this being the month to supposedly set to be shown the exchange rate and I'll go with that as things SEEM to be happening quickly, but if the end of April comes around and still no rate change or pictures of the nscn's, I may have doubts about their willingness to get this done as quickly as they report, just MY opinion.
4-10-2023 Newshound Guru Pimpy Article: "A rapid drop in dollar prices in Baghdad, Erbil and the stock exchange shows" The parallel exchange rate is dropping and getting closer to the official exchange rate...
4-10-2023 Guru Nader From The Mid East You should see how many people are changing their dollar to dinars. They're selling the dollar to dinars. This morning [Sunday] it was crazy in the stock market ...the market was at 1470 I think and everybody scared to lose their money so they changed the dollars to the dinar. This I was impressed with. They know something is going to happen. They know something is coming so they switching their dollars to the dinar. It's crazy guys.
4-10-2023 Intel Guru MarkZ [via PDK] On the RV side- you can hear a pin drop in most of the financial locations...all across the board. They are waiting quietly. ...We need to stay patient today.
4-10-2023 Newshound Guru Clare Article: "The dollar continues to decline in Baghdad and Erbil" Quote: "the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded, at 1:00 pm, 146,500 Iraqi dinars for 100 US dollars. While the prices this morning were 147,950 dinars for 100 dollars."
4-10-2023 Intel Guru Frank26 Article: "A rapid decline in dollar prices in Baghdad and Erbil, and the Stock Exchange explains." THE EXCHANGE RATE CHANGE OF THE IRAQI DINAR IS DYNAMIC RIGHT NOW, AS IT PREPARES TO FLOAT.
4-10-2023 Newshound/Intel Guru Mnt Goat Article: "Iraq new date (2023) 5,000-dinar note (B354c) confirmed" I thought Iraq was trying to get rid of these larger notes in the very near future with the project to delete the zeros? ...The fact is even after the project to delete the zeros is completed, this is one of the 3 zero notes that will be used for inter-banking transactions between countries who want to trade in hard currency transfers. These notes will not be in general circulation on the streets afterwards.
4-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-9-2023 Intel Guru Frank26 Question: "What do you think the ceiling of the float could be?" IMO $4.25.
4-9-2023 Newshound Guru Militia Man The talk of exchange rate volatility between the parallel market and the official rate it's been in the news quite a bit. I think there is probably one fix for that and I think it's pretty obvious but they're not openly talking about it. I think that is an exchange rate change in a quantum leap way. Those are the words they are using. They're using 'speed'...'accelerated'...'accurate'... 'expedited'... 'quantum leap' ...it's an educational process so it's good that we see that kind of stuff.
4-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] There are many articles that are coming out saying the official exchange rate of the Iraqi dinar right now is at 1132. Even though it's not posted doesn't mean it is not. They are using that rate. They don't want people profiting from the exchange rate anymore...they want a parallel exchange rate to match the official exchange rate. No more dual exchange rates...
4-9-2023 Newshound Guru Henig Article "Report: Dollar exchange rate drops in Iraq as Iran stops buying it on the black market" Quote "the Iranian authorities found themselves forced to pay 400 out of every million dollars to obtain the currency, which caused them significant economic losses and forced them to stop illegal purchases of dollars from the Iraqi black market ... Iran's suspension of purchases, raised the levels of currency in the Iraqi market significantly, stressing that exchange outlets and private banks that used to keep large amounts of dollars withdraw them from the Iraqi market in favor of Iran, found themselves owning large quantities of US currency without the presence of many buyers after Iran stopped purchases...Iran stopped buying dollars from Iraq a week ago..."
4-9-2023 Newshound Guru Sandy Ingram If the IQD reinstates to 1 to 1 US dollar many of you will be cash rich immediately minus the quarter of a million dollars you will have to pay in taxes - especially if you do not have a tax plan. If the currency floats to .25 to the US dollar many of you will have a nest egg to begin your wealth building. [NOTE: Cusult your tax professionals at the appropriate time to create a tax plan that's right for your unique circumstances.]
4-9-2023 Guru Nader From The Mid East This morning I heard something made me very very happy. It's been a week since Iran stopped buying dinars on the black market. Why? Because each time they bought...dinar they lost money. They lost almost $500 million. That's why today you see the dinar is up again ...2 or 3 countries who's used to buy the dinar on the black market they can't anymore because they're losing money...
4-9-2023 Intel Guru Frank26 Article: "Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the black market" NO! IT DROPPED BECAUSE IRAN COULD NO LONGER STEAL THE IQD THROUGH THE CBI AUCTIONS! THE MONETARY REFORM STARVED IRAN!
4-9-2023 Intel Guru MarkZ [via PDK] over the last couple of weeks think about the progress we have made. The banking reforms…The revalue of the dinar to 1132 (not as big as we want –yet) de-dollarization, Approval of the HCL (We have been waiting for this for 15-20 years) We have seen the budget, the re-introduction of coins. Why in the heck do they need coins and lower denominations unless they were about to do a serious revaluation? We are watching tremendous changes.
4-9-2023 Intel Guru Frank26 Question: "What do you think the ceiling of the float could be?" IMO $4.25.
4-9-2023 Newshound Guru Militia Man The talk of exchange rate volatility between the parallel market and the official rate it's been in the news quite a bit. I think there is probably one fix for that and I think it's pretty obvious but they're not openly talking about it. I think that is an exchange rate change in a quantum leap way. Those are the words they are using. They're using 'speed'...'accelerated'...'accurate'... 'expedited'... 'quantum leap' ...it's an educational process so it's good that we see that kind of stuff.
4-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] There are many articles that are coming out saying the official exchange rate of the Iraqi dinar right now is at 1132. Even though it's not posted doesn't mean it is not. They are using that rate. They don't want people profiting from the exchange rate anymore...they want a parallel exchange rate to match the official exchange rate. No more dual exchange rates...
4-9-2023 Newshound Guru Henig Article "Report: Dollar exchange rate drops in Iraq as Iran stops buying it on the black market" Quote "the Iranian authorities found themselves forced to pay 400 out of every million dollars to obtain the currency, which caused them significant economic losses and forced them to stop illegal purchases of dollars from the Iraqi black market ... Iran's suspension of purchases, raised the levels of currency in the Iraqi market significantly, stressing that exchange outlets and private banks that used to keep large amounts of dollars withdraw them from the Iraqi market in favor of Iran, found themselves owning large quantities of US currency without the presence of many buyers after Iran stopped purchases...Iran stopped buying dollars from Iraq a week ago..."
4-9-2023 Newshound Guru Sandy Ingram If the IQD reinstates to 1 to 1 US dollar many of you will be cash rich immediately minus the quarter of a million dollars you will have to pay in taxes - especially if you do not have a tax plan. If the currency floats to .25 to the US dollar many of you will have a nest egg to begin your wealth building. [NOTE: Cusult your tax professionals at the appropriate time to create a tax plan that's right for your unique circumstances.]
4-9-2023 Guru Nader From The Mid East This morning I heard something made me very very happy. It's been a week since Iran stopped buying dinars on the black market. Why? Because each time they bought...dinar they lost money. They lost almost $500 million. That's why today you see the dinar is up again ...2 or 3 countries who's used to buy the dinar on the black market they can't anymore because they're losing money...
4-9-2023 Intel Guru Frank26 Article: "Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the black market" NO! IT DROPPED BECAUSE IRAN COULD NO LONGER STEAL THE IQD THROUGH THE CBI AUCTIONS! THE MONETARY REFORM STARVED IRAN!
4-9-2023 Intel Guru MarkZ [via PDK] over the last couple of weeks think about the progress we have made. The banking reforms…The revalue of the dinar to 1132 (not as big as we want –yet) de-dollarization, Approval of the HCL (We have been waiting for this for 15-20 years) We have seen the budget, the re-introduction of coins. Why in the heck do they need coins and lower denominations unless they were about to do a serious revaluation? We are watching tremendous changes.
4-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-8-2023 Intel Guru Frank26 Question "If the American dollar gets driven down to, let's say .0001 how can that be 1 to 1 with the dinar?" Because you cancel the 3 zeros on both sides and it becomes 1 to 1.
4-8-2023 Newshound Guru Sandy Ingram Article "Goldman Sachs: Oil will reach $100 a barrel in April 2024" That's about a year from now...[we] believe this prediction is right on target because --> Article "Iraq joins Arab countries in reducing oil production" ...This move is a precautionary measure aiming to support the stability of oil markets...This reduction will go on until the end of 2023.
4-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-8-2023 Guru Nader From The Mid East You guys waiting for us to give you a news. We give it to you but we're not sure of it because they can change their mind tomorrow. But here's one thing I can tell you budget has been approved. Why? Because [they] have no choice...they cannot embarrass themselves anymore. They talked about it. They put it out there. They send it from one side to the other. Budget has really been approved.
4-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Comment "Historically we have seen April and September..." I don't care about no April. I don't care about no September. I don't care about no historical pattern that they've done. Trust me, they want this and they're going to get this done. The RV phase calculated many rates that can succeed with the monetary reform. It's all about the accounting... Accounting is beginning, mid or end of a quarter.
4-8-2023 Intel Guru Wolverine ...I’m told that hopefully within 48hrs Iraq should be ready to go and that will set up the Green Light so we can move forward. Notifications I was told should be coming on the weekend or latest by Monday.
4-8-2023 Newshound Guru Pimpy Things seem to be calm over there. There's a lot of agreements going on and it looks like Iraq is moving forward in a major way which I'm excited about. I do want to see the Iraqi dinar increase in value so does everybody else.
4-8-2023 Guest Guru Deepwoodz Article: "The budget is halfway there...a challenge to the government and a test for the coalition state - Urgent" I like this one! I think you can calculate the rate using these budget numbers. I think a rate change eliminates the “deficit” to be a balanced budget...Interesting that the “planned” deficit is 1/3 the planned budget. Or 3/1, or 3:1…or 3.12/1 to be more precise depending on which way you turn it.
4-8-2023 Intel Guru MarkZ [via PDK] The budget has been approved and now we are just going through the process until it is officially in place. Articles come out saying how effective the revaluation has been from 1300 to 1132...I am still expecting a bigger rate change. We know what their target is and they know what their target is...We are all hoping this is going to be a phenomenal week for us.
4-8-2023 Intel Guru Frank26 What are the 2 months of the year that the Central Bank of Iraq has historically has made a change to their monetary reform? April and September. What month are we in?
4-8-2023 Newshound Guru Militia Man The draft budget law...the whole process is about the citizens and for implementation of investment project...it's about the private sector...Everything is changing. What are they telling you? If they're going to a private sector, they're going international. That is huge. We're in a huge space at this time...
4-8-2023 Intel Guru Bruce [via WiserNow] Iraq is going to make their additional increase in the Iraqi dinar rate. It's substantial, and this would be an in country dinar rate...Meaning in country of Iraq and this will be their official increase in the rate of the dinar. And I believe that will take place Sunday, our Easter Sunday, which in Iraq is their first business day of the week...now that would reflect on our bank screens – Forex – probably Sunday night or Monday...we look pretty solid for Monday into Tuesday - right now...That's the latest information that we have so far.
4-8-2023 Intel Guru Frank26 Question "If the American dollar gets driven down to, let's say .0001 how can that be 1 to 1 with the dinar?" Because you cancel the 3 zeros on both sides and it becomes 1 to 1.
4-8-2023 Newshound Guru Sandy Ingram Article "Goldman Sachs: Oil will reach $100 a barrel in April 2024" That's about a year from now...[we] believe this prediction is right on target because --> Article "Iraq joins Arab countries in reducing oil production" ...This move is a precautionary measure aiming to support the stability of oil markets...This reduction will go on until the end of 2023.
4-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-8-2023 Guru Nader From The Mid East You guys waiting for us to give you a news. We give it to you but we're not sure of it because they can change their mind tomorrow. But here's one thing I can tell you budget has been approved. Why? Because [they] have no choice...they cannot embarrass themselves anymore. They talked about it. They put it out there. They send it from one side to the other. Budget has really been approved.
4-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Comment "Historically we have seen April and September..." I don't care about no April. I don't care about no September. I don't care about no historical pattern that they've done. Trust me, they want this and they're going to get this done. The RV phase calculated many rates that can succeed with the monetary reform. It's all about the accounting... Accounting is beginning, mid or end of a quarter.
4-8-2023 Intel Guru Wolverine ...I’m told that hopefully within 48hrs Iraq should be ready to go and that will set up the Green Light so we can move forward. Notifications I was told should be coming on the weekend or latest by Monday.
4-8-2023 Newshound Guru Pimpy Things seem to be calm over there. There's a lot of agreements going on and it looks like Iraq is moving forward in a major way which I'm excited about. I do want to see the Iraqi dinar increase in value so does everybody else.
4-8-2023 Guest Guru Deepwoodz Article: "The budget is halfway there...a challenge to the government and a test for the coalition state - Urgent" I like this one! I think you can calculate the rate using these budget numbers. I think a rate change eliminates the “deficit” to be a balanced budget...Interesting that the “planned” deficit is 1/3 the planned budget. Or 3/1, or 3:1…or 3.12/1 to be more precise depending on which way you turn it.
4-8-2023 Intel Guru MarkZ [via PDK] The budget has been approved and now we are just going through the process until it is officially in place. Articles come out saying how effective the revaluation has been from 1300 to 1132...I am still expecting a bigger rate change. We know what their target is and they know what their target is...We are all hoping this is going to be a phenomenal week for us.
4-8-2023 Intel Guru Frank26 What are the 2 months of the year that the Central Bank of Iraq has historically has made a change to their monetary reform? April and September. What month are we in?
4-8-2023 Newshound Guru Militia Man The draft budget law...the whole process is about the citizens and for implementation of investment project...it's about the private sector...Everything is changing. What are they telling you? If they're going to a private sector, they're going international. That is huge. We're in a huge space at this time...
4-8-2023 Intel Guru Bruce [via WiserNow] Iraq is going to make their additional increase in the Iraqi dinar rate. It's substantial, and this would be an in country dinar rate...Meaning in country of Iraq and this will be their official increase in the rate of the dinar. And I believe that will take place Sunday, our Easter Sunday, which in Iraq is their first business day of the week...now that would reflect on our bank screens – Forex – probably Sunday night or Monday...we look pretty solid for Monday into Tuesday - right now...That's the latest information that we have so far.
4-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-7-2023 Guru Nader From The Mid East My guy from California says implementation has already been done. This week has been a lot of good news.
4-7-2023 Intel Guru Frank26 Hold onto your dinars because they'll soon have value. And you'll be able to take those 3-zero note and convert them for - depends on where you come from.
4-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-7-2023 Intel Guru MarkZ Article: “Baghdad’s draft budget includes Article 140-Peshmerga” We had suspected this but now have the proof. Article 140 is the HCL law. This is very important as many of us thought the vote on the HCL was going to be a separate event...but its already in the budget …this is a key piece on information for us.
4-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] They're telling them to hold on to the 3-zero notes because they will receive their national currency for them. What is the national currency? The new small category notes and the coins with a new exchange rate to match the accounting.
4-7-2023 Newshound Guru Militia Man The central bank calls for accurate news...basically...they're calling on the media to be careful in conveying news related to its monetary policy. Seems interesting this comes out yesterday. It's a day after the CBI met with the World Bank...
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Surprised they have not had a second rate change by now... FRANK: I am not at all concerned.
..4-7-2023 Newshound Guru Pimpy The Iraqi dinar is slowly gaining strength. There's some policies and procedures that were implemented within the Iraqi Central Bank that's making things a lot better...Iraqi dinar is pegged to the US dollar. They need to find a way to un-peg themselves. They're not going to do it right away but eventually they will.
4-7-2023 Guru Nader From The Mid East I told you guys the budget has been already approved. It's confirmed today. This morning somebody told me they approved it. They're just making believe they're reading it but they already read it. They already did everything and they just have to go by law and say we're reading it first, second, third readings. But that's it. It's been passed. I think things gonna get better by next week.
4-7-2023 Intel Guru MarkZ [via PDK] Question: Do you think the rate change (RV) is already established as they read the budget for the 2nd and 3rd time? Or is that revealed publicly in conjunction with the release of the smaller notes? MarkZ Answer: I am looking for it to be revealed publicly in conjunction with the release of the lower denomination notes. I think the budget being approved is all behind the scenes.
4-7-2023 Newshound Guru Clare Article: "A 'record' period... Parliamentary finance sets a date for approving the tripartite budget" Quote: "The House of Representatives will work to read, discuss and approve the budget law within a record period that does not exceed a month...the House of Representatives has now begun the first reading of the budget law, and next week the second reading of the law will take place."
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is showing United Nations welcome Iraq to the International Transport Highway. Now Iraq has joined international trade with all neighboring countries...they keep saying we are international ascension. FRANK: International ascension for an International currency.
4-7-2023 Newshound/Intel Guru Mnt Goat ...I believe we are on the very cusp of the reinstatement. We are closer to this event than ever before. In these recent months I have presented so much information pointing in the direction that we may see this event very soon. I am not going to over speculate...I am just presenting the evidence, then making sound conclusions based off it.
4-7-2023 Guru Nader From The Mid East My guy from California says implementation has already been done. This week has been a lot of good news.
4-7-2023 Intel Guru Frank26 Hold onto your dinars because they'll soon have value. And you'll be able to take those 3-zero note and convert them for - depends on where you come from.
4-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-7-2023 Intel Guru MarkZ Article: “Baghdad’s draft budget includes Article 140-Peshmerga” We had suspected this but now have the proof. Article 140 is the HCL law. This is very important as many of us thought the vote on the HCL was going to be a separate event...but its already in the budget …this is a key piece on information for us.
4-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] They're telling them to hold on to the 3-zero notes because they will receive their national currency for them. What is the national currency? The new small category notes and the coins with a new exchange rate to match the accounting.
4-7-2023 Newshound Guru Militia Man The central bank calls for accurate news...basically...they're calling on the media to be careful in conveying news related to its monetary policy. Seems interesting this comes out yesterday. It's a day after the CBI met with the World Bank...
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Surprised they have not had a second rate change by now... FRANK: I am not at all concerned.
..4-7-2023 Newshound Guru Pimpy The Iraqi dinar is slowly gaining strength. There's some policies and procedures that were implemented within the Iraqi Central Bank that's making things a lot better...Iraqi dinar is pegged to the US dollar. They need to find a way to un-peg themselves. They're not going to do it right away but eventually they will.
4-7-2023 Guru Nader From The Mid East I told you guys the budget has been already approved. It's confirmed today. This morning somebody told me they approved it. They're just making believe they're reading it but they already read it. They already did everything and they just have to go by law and say we're reading it first, second, third readings. But that's it. It's been passed. I think things gonna get better by next week.
4-7-2023 Intel Guru MarkZ [via PDK] Question: Do you think the rate change (RV) is already established as they read the budget for the 2nd and 3rd time? Or is that revealed publicly in conjunction with the release of the smaller notes? MarkZ Answer: I am looking for it to be revealed publicly in conjunction with the release of the lower denomination notes. I think the budget being approved is all behind the scenes.
4-7-2023 Newshound Guru Clare Article: "A 'record' period... Parliamentary finance sets a date for approving the tripartite budget" Quote: "The House of Representatives will work to read, discuss and approve the budget law within a record period that does not exceed a month...the House of Representatives has now begun the first reading of the budget law, and next week the second reading of the law will take place."
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is showing United Nations welcome Iraq to the International Transport Highway. Now Iraq has joined international trade with all neighboring countries...they keep saying we are international ascension. FRANK: International ascension for an International currency.
4-7-2023 Newshound/Intel Guru Mnt Goat ...I believe we are on the very cusp of the reinstatement. We are closer to this event than ever before. In these recent months I have presented so much information pointing in the direction that we may see this event very soon. I am not going to over speculate...I am just presenting the evidence, then making sound conclusions based off it.
4-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is extremely significant that Sudani the leader of this country told the Iraqi citizens hold on to your 3-zero worthless currency because you're gonna trade it in for something with more value. It's coming. You can't stop it...it's being announced and it's being introduced.
4-6-2023 Intel Guru Frank26 They are more than likely going to come out 1300 to 1 for their budget.
4-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-6-2023 Intel Guru MarkZ [via PDK] Question: do we have to wait for after Ramadan to exchange now? MarkZ Answer: I highly doubt it…. If they want things completed by then – they should probably have us in and out the door. That is how I understand it.
4-6-2023 Newshound Guru Sandy Ingram VND exchange rate increase against the US dollar. Article: "Financial experts say Vietnam's economic growth to reach 6.5% in 2023" The Vietnam dong is traded on the Forex market...the VND rate is going up up and up against the US dollar in the past several weeks. This means somebody on the Forex market made a profit. This is excellent news...
4-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're moving very fast on the budget. It's interesting because it's got to mean something. They talked on how the budget will be flexible for adjustments especially this being a 3-year contract... FRANK: That's not in the articles. That's what they told the citizens. What do you think that means? ...They're showing you your budget and don't forget IMO the line item that has the exchange rate is crucial for us...if it comes out at the program rate they can quickly change it at the push of a button.
4-6-2023 Newshound Guru Pimpy Article: "First Deputy Speaker of Parliament calls for speeding up the preparation of a report on the draft budget law for its second reading" The way the Constitution works over there is you have a draft budget. It is passed down to the parliamentary... they make the recommendations and they send their draft budget back with the amendments to the committee. The committee reviews those... they turn around and sent it back to parliament...If they agree with them then they take a vote and the budget is passed...They're getting ready to do their second reading. If there's more changes they are going to recommend it will go back...
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The budget has to be read into law by reading all the line items of the budget. And one of the first things on that 2023 budget is the exchange rate...Is it 1132? Is it something else? I have no idea...it's all about the accounting right now. Nothing else.
4-6-2023 Intel Guru MarkZ [via PDK] ...They have already agreed to the budget…now they are just going through the process. It sailed through the first reading in record time... Everything is worked out along with the HCL. I am still looking for a nice, lovely fat rate. They need it to fix the problems.
4-6-2023 Guru Nader From The Mid East The budget has been read the first reading...If I tell you guys the budget has been already approved would you agree with me or disagree? ...Me I tell you the budget has already been approved. To believe me or not you can do whatever you want. The budget has already been approved. First read and second reading, third reading, 100 reading, the budget it's been ready. Let me tell you why. I'm gonna give you a good reason and there's a good reason... [4] words. They Have No Choice. That's it.
4-6-2023 Intel Guru Frank26 Article: "The Central Bank calls for accuracy in conveying news related to its monetary policy" Quote: "The Central Bank of Iraq called...the media to be careful in reporting news related to its monetary policy. And the Central Bank confirmed... to: 'depend on what is published on its official website in order to avoid misleading news that confuses the market in the interest of speculators in foreign currency.'” THE CBI PREPARES FOR A MAJOR ANNOUNCEMENT & THEY DON'T WANT ANY MISTAKES!
4-6-2023 Newshound Guru Clare Press Release: "The Central Bank of Iraq calls on the media and all relevant parties to be accurate in reporting news related to the bank and its monetary policy, and to adopt what is published on its official website in order to avoid misleading news that confuses the market in favor of foreign currency speculators."
4-6-2023 Intel Guru MarkZ [via PDK] Article: “First Deputy Speaker of Parliament calls for speedy preparation of a report in draft budget law for it’s second reading” ...[Wednesday] was the first reading…just like what we expected...This is a huge step forward. Now they are being pressured to read it the second and third times. They have to read it 3 times …then pass it.
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is extremely significant that Sudani the leader of this country told the Iraqi citizens hold on to your 3-zero worthless currency because you're gonna trade it in for something with more value. It's coming. You can't stop it...it's being announced and it's being introduced.
4-6-2023 Intel Guru Frank26 They are more than likely going to come out 1300 to 1 for their budget.
4-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-6-2023 Intel Guru MarkZ [via PDK] Question: do we have to wait for after Ramadan to exchange now? MarkZ Answer: I highly doubt it…. If they want things completed by then – they should probably have us in and out the door. That is how I understand it.
4-6-2023 Newshound Guru Sandy Ingram VND exchange rate increase against the US dollar. Article: "Financial experts say Vietnam's economic growth to reach 6.5% in 2023" The Vietnam dong is traded on the Forex market...the VND rate is going up up and up against the US dollar in the past several weeks. This means somebody on the Forex market made a profit. This is excellent news...
4-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're moving very fast on the budget. It's interesting because it's got to mean something. They talked on how the budget will be flexible for adjustments especially this being a 3-year contract... FRANK: That's not in the articles. That's what they told the citizens. What do you think that means? ...They're showing you your budget and don't forget IMO the line item that has the exchange rate is crucial for us...if it comes out at the program rate they can quickly change it at the push of a button.
4-6-2023 Newshound Guru Pimpy Article: "First Deputy Speaker of Parliament calls for speeding up the preparation of a report on the draft budget law for its second reading" The way the Constitution works over there is you have a draft budget. It is passed down to the parliamentary... they make the recommendations and they send their draft budget back with the amendments to the committee. The committee reviews those... they turn around and sent it back to parliament...If they agree with them then they take a vote and the budget is passed...They're getting ready to do their second reading. If there's more changes they are going to recommend it will go back...
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The budget has to be read into law by reading all the line items of the budget. And one of the first things on that 2023 budget is the exchange rate...Is it 1132? Is it something else? I have no idea...it's all about the accounting right now. Nothing else.
4-6-2023 Intel Guru MarkZ [via PDK] ...They have already agreed to the budget…now they are just going through the process. It sailed through the first reading in record time... Everything is worked out along with the HCL. I am still looking for a nice, lovely fat rate. They need it to fix the problems.
4-6-2023 Guru Nader From The Mid East The budget has been read the first reading...If I tell you guys the budget has been already approved would you agree with me or disagree? ...Me I tell you the budget has already been approved. To believe me or not you can do whatever you want. The budget has already been approved. First read and second reading, third reading, 100 reading, the budget it's been ready. Let me tell you why. I'm gonna give you a good reason and there's a good reason... [4] words. They Have No Choice. That's it.
4-6-2023 Intel Guru Frank26 Article: "The Central Bank calls for accuracy in conveying news related to its monetary policy" Quote: "The Central Bank of Iraq called...the media to be careful in reporting news related to its monetary policy. And the Central Bank confirmed... to: 'depend on what is published on its official website in order to avoid misleading news that confuses the market in the interest of speculators in foreign currency.'” THE CBI PREPARES FOR A MAJOR ANNOUNCEMENT & THEY DON'T WANT ANY MISTAKES!
4-6-2023 Newshound Guru Clare Press Release: "The Central Bank of Iraq calls on the media and all relevant parties to be accurate in reporting news related to the bank and its monetary policy, and to adopt what is published on its official website in order to avoid misleading news that confuses the market in favor of foreign currency speculators."
4-6-2023 Intel Guru MarkZ [via PDK] Article: “First Deputy Speaker of Parliament calls for speedy preparation of a report in draft budget law for it’s second reading” ...[Wednesday] was the first reading…just like what we expected...This is a huge step forward. Now they are being pressured to read it the second and third times. They have to read it 3 times …then pass it.
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4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] March was to educate them on the monetary reform and IMO April is to start showing the evidence of the new small category notes and coins and a new exchange rate, maybe even a float.
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: This first week of April will start to show you many things. They're going to start with a budget with the HCL, 140, new small category notes, coins etc etc. I pray that as this month of April continues they also start to show you your new currency and your new exchange rate or at least explain it to you deeper on what they are about to do. FIREFLY: They are telling us a lot. We know what they're going to do...
4-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-5-2023 Newshound Guru Sandy Ingram ...Millions of people believe the IQD will never amount to more than a penny against the USD, this is highly unlikely. For many reasons - economics, inflation or losing the country to a US dollar economy, these are all reasons why the Iraqi dinar will revalue, reinstate, float or go digital, and we know they have plans to go digital there is a mandate.
4-5-2023 Intel Guru Bruce [via WiserNow] ...things are tight things are clammed up - people are under NDAs and they're under almost gag orders - pretty much - it's that tight which is usually a good thing for us... They're still trying to determine to determine our start when our story is going to be I hope it's this week...let's just stay patient and watch this thing come to us.
4-5-2023 Newshound Guru Pimpy Apparently they have a mechanism that's going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing to give you 1750 dinars for every dollar that means there's a shitload of Iraq dinars out there. In the past they used to spend anywhere between 1 and 1 1/2 billion dollars buying IQD off the open market and then they would destroy these currencies. Could they start going down that path again because if they do hang on to your currency because that sucker is going to shoot up in value real quick.
4-5-2023 Intel Guru Frank26 Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government". DOLLAR STABILITY EQUALS A PARALLEL RATE... A PARALLEL RATE EQUALS 1 TO 1... 1 TO 1 EQUALS A FLOAT.
4-5-2023 Intel Guru MarkZ [via PDK] ...it’s been very quiet. But maybe the quietness is the news? ...I think it’s a very good thing. Especially with the vast number of folks that got quiet suddenly domestically here.
4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement will only come from the CBI. Halibusi is on vacation but he doesn't have to be there. He can go on his vacation. It does not interfere with a monetary reform. Anything put on Halibusi's desk regardless if he's there or not, within 15 days of receipt it automatically becomes law...signatures or not.
4-5-2023 Newshound Guru Militia Man What I believe is going on... they're throwing two stones out in the water in a massive way and it's going to have a rippling effect around the world...Iraq we feel is a linchpin that's going to stimulate the economy...trading with other currencies, cross-border payments, all those things are happening right in front of our eyes...history is basically going to be written about this because Iraq is going to be very very wealthy. They could write this in tablets of gold. I really do believe that...
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...[as of] Monday the dollar is no longer accepted in Iraq and it is not the national currency of Iraq banks...citizens are not allowed with any dollar transaction... FRANK: Notice they're telling you the national currency is coming to replace the 3-zero notes. It is crystal clear...Isn't that cool! We got it in articles but to be able to see that they're telling the citizens in deeper details.
4-5-2023 Newshound Guru Clare Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government" Quote: "Al-Shammari, in a televised interview followed by Ultra Iraq, defended the decision to reduce the exchange rate of the dollar to 1,300 dinars by the Sudanese government, and said that "if the exchange rate had not changed, we would now be on the cusp of two thousand," meaning 2,000 dinars per dollar.
4-5-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank expects a further decline in dollar exchange rates” What the CBI is saying is they believe they have made the necessary adjustments for a de-dollarization effect. This means the dinar is gaining strength daily. Iraqi people are now holding on to their dinar and not the US dollar.
4-5-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS" We have waited for this news for a very long time. ...I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore...This will seriously help stabilize the market which we need to go to the next step in the process…
4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] March was to educate them on the monetary reform and IMO April is to start showing the evidence of the new small category notes and coins and a new exchange rate, maybe even a float.
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: This first week of April will start to show you many things. They're going to start with a budget with the HCL, 140, new small category notes, coins etc etc. I pray that as this month of April continues they also start to show you your new currency and your new exchange rate or at least explain it to you deeper on what they are about to do. FIREFLY: They are telling us a lot. We know what they're going to do...
4-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-5-2023 Newshound Guru Sandy Ingram ...Millions of people believe the IQD will never amount to more than a penny against the USD, this is highly unlikely. For many reasons - economics, inflation or losing the country to a US dollar economy, these are all reasons why the Iraqi dinar will revalue, reinstate, float or go digital, and we know they have plans to go digital there is a mandate.
4-5-2023 Intel Guru Bruce [via WiserNow] ...things are tight things are clammed up - people are under NDAs and they're under almost gag orders - pretty much - it's that tight which is usually a good thing for us... They're still trying to determine to determine our start when our story is going to be I hope it's this week...let's just stay patient and watch this thing come to us.
4-5-2023 Newshound Guru Pimpy Apparently they have a mechanism that's going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing to give you 1750 dinars for every dollar that means there's a shitload of Iraq dinars out there. In the past they used to spend anywhere between 1 and 1 1/2 billion dollars buying IQD off the open market and then they would destroy these currencies. Could they start going down that path again because if they do hang on to your currency because that sucker is going to shoot up in value real quick.
4-5-2023 Intel Guru Frank26 Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government". DOLLAR STABILITY EQUALS A PARALLEL RATE... A PARALLEL RATE EQUALS 1 TO 1... 1 TO 1 EQUALS A FLOAT.
4-5-2023 Intel Guru MarkZ [via PDK] ...it’s been very quiet. But maybe the quietness is the news? ...I think it’s a very good thing. Especially with the vast number of folks that got quiet suddenly domestically here.
4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement will only come from the CBI. Halibusi is on vacation but he doesn't have to be there. He can go on his vacation. It does not interfere with a monetary reform. Anything put on Halibusi's desk regardless if he's there or not, within 15 days of receipt it automatically becomes law...signatures or not.
4-5-2023 Newshound Guru Militia Man What I believe is going on... they're throwing two stones out in the water in a massive way and it's going to have a rippling effect around the world...Iraq we feel is a linchpin that's going to stimulate the economy...trading with other currencies, cross-border payments, all those things are happening right in front of our eyes...history is basically going to be written about this because Iraq is going to be very very wealthy. They could write this in tablets of gold. I really do believe that...
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...[as of] Monday the dollar is no longer accepted in Iraq and it is not the national currency of Iraq banks...citizens are not allowed with any dollar transaction... FRANK: Notice they're telling you the national currency is coming to replace the 3-zero notes. It is crystal clear...Isn't that cool! We got it in articles but to be able to see that they're telling the citizens in deeper details.
4-5-2023 Newshound Guru Clare Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government" Quote: "Al-Shammari, in a televised interview followed by Ultra Iraq, defended the decision to reduce the exchange rate of the dollar to 1,300 dinars by the Sudanese government, and said that "if the exchange rate had not changed, we would now be on the cusp of two thousand," meaning 2,000 dinars per dollar.
4-5-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank expects a further decline in dollar exchange rates” What the CBI is saying is they believe they have made the necessary adjustments for a de-dollarization effect. This means the dinar is gaining strength daily. Iraqi people are now holding on to their dinar and not the US dollar.
4-5-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS" We have waited for this news for a very long time. ...I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore...This will seriously help stabilize the market which we need to go to the next step in the process…
4-4-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We know something is coming we just don't know when. They keep telling us all day long except when they show us a recording of Al-Sudani. It's like waking up everyday expecting the day to be the day... FRANK: It's here. The reality of it to sink in for the citizens...you are being constantly educated. They are loading you with all kinds of education, all kinds of information on what to do with the new small category notes and coins when they come out, where to go exchange them...they're teaching you about the float now...
4-4-2023 Intel Guru MarkZ [via PDK] So what have we learned? People in Iraq are abandoning the dollar and adopting the dinar…Erbil/HCL has moved forward very quickly and the budget is in front of Parliament. We are hearing they will read it for the first time tomorrow. So there is exceptionally positive things on the Iraqi RV.
4-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-4-2023 Newshound Guru Sandy Ingram 3 Major Reasons People Buying & Selling Iraqi Dinars Online First...currency collectors and the Iraqi Dinar go hand in hand...Why? Believe it or not collecting foreign currencies is more than just a hobby, it can be profitable...Second reason...travel. More and more Christians and Muslims are traveling to Iraq. There is a spike in IQD sales...It is cheaper or easier to buy the Iraqi Dinars online rather then to wait and exchange in Iraq. The third reason is the same reason many of us hold the Iraqi Dinar. For investment purposes. Investing is a major reason people hold and use the Iraqi Dinar. Just like any other investment, there are risks involved.
4-4-2023 Guru Nader From The Mid East You're gonna have to wait 24/25 more days because that's when Ramadan ends.
4-4-2023 Intel Guru MarkZ [via PDK] We are waiting to see if there is a first reading of the budget today. They plan on the budget and the HCL this week. We hope so as we understand these are the last 2 items Iraq need to RV on their own –if they need to.
4-4-2023 Newshound Guru Militia Man They're apparently looking at this budget as a very sensitive one so that's why they're probably keeping it close to the chest...it looks like it's actually front and center because of some of the words and language they're using..."accelerating"... "expediting"...you get the picture they're moving forward.
4-4-2023 Newshound Guru Pimpy Article: "Reserve currencies of the dollar as a store of value and secondary reserves in central banks". This is pretty interesting article and it's good if you own the Iraqi dinar... you're going to see one way or another that currency increase in value.
4-4-2023 Intel Guru MarkZ [via PDK] Question: I wonder if we are still in the window? IMO we are absolutely still in the window. ...the latest from the rumor mill is they expect it within the next 3 days. Take all rumors with a grain of salt.
4-4-2023 Newshound Guru Clare Article: "A new statement by Al-Sudanese about changing the exchange rate of the dollar" Quote: "al-Sudanese revealed today...changing the exchange rate was a basic demand, and it included a previous agreement between the government and the central bank with the Federal Reserve and the US Treasury. The agreement was not implemented within two years, and the two years ended with the start of our government's work."
4-4-2023 Intel Guru Frank26 Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" THE EXCHANGE RATE CONTINUES TO DECREASE IN THE CORRECT DIRECTION... IN THIS CASE STREET VALUE FROM 1500 TO 1400.
4-4-2023 Intel Guru MarkZ [via PDK] Article: “Parliamentary finance sets the date for the first reading of the budget” This is this week…the first reading is tomorrow. We are also expecting to hear the first reading of the HCL law this week. If all goes as smoothly as they are saying. Both are expected to pass this week.
4-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We know something is coming we just don't know when. They keep telling us all day long except when they show us a recording of Al-Sudani. It's like waking up everyday expecting the day to be the day... FRANK: It's here. The reality of it to sink in for the citizens...you are being constantly educated. They are loading you with all kinds of education, all kinds of information on what to do with the new small category notes and coins when they come out, where to go exchange them...they're teaching you about the float now...
4-4-2023 Intel Guru MarkZ [via PDK] So what have we learned? People in Iraq are abandoning the dollar and adopting the dinar…Erbil/HCL has moved forward very quickly and the budget is in front of Parliament. We are hearing they will read it for the first time tomorrow. So there is exceptionally positive things on the Iraqi RV.
4-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-4-2023 Newshound Guru Sandy Ingram 3 Major Reasons People Buying & Selling Iraqi Dinars Online First...currency collectors and the Iraqi Dinar go hand in hand...Why? Believe it or not collecting foreign currencies is more than just a hobby, it can be profitable...Second reason...travel. More and more Christians and Muslims are traveling to Iraq. There is a spike in IQD sales...It is cheaper or easier to buy the Iraqi Dinars online rather then to wait and exchange in Iraq. The third reason is the same reason many of us hold the Iraqi Dinar. For investment purposes. Investing is a major reason people hold and use the Iraqi Dinar. Just like any other investment, there are risks involved.
4-4-2023 Guru Nader From The Mid East You're gonna have to wait 24/25 more days because that's when Ramadan ends.
4-4-2023 Intel Guru MarkZ [via PDK] We are waiting to see if there is a first reading of the budget today. They plan on the budget and the HCL this week. We hope so as we understand these are the last 2 items Iraq need to RV on their own –if they need to.
4-4-2023 Newshound Guru Militia Man They're apparently looking at this budget as a very sensitive one so that's why they're probably keeping it close to the chest...it looks like it's actually front and center because of some of the words and language they're using..."accelerating"... "expediting"...you get the picture they're moving forward.
4-4-2023 Newshound Guru Pimpy Article: "Reserve currencies of the dollar as a store of value and secondary reserves in central banks". This is pretty interesting article and it's good if you own the Iraqi dinar... you're going to see one way or another that currency increase in value.
4-4-2023 Intel Guru MarkZ [via PDK] Question: I wonder if we are still in the window? IMO we are absolutely still in the window. ...the latest from the rumor mill is they expect it within the next 3 days. Take all rumors with a grain of salt.
4-4-2023 Newshound Guru Clare Article: "A new statement by Al-Sudanese about changing the exchange rate of the dollar" Quote: "al-Sudanese revealed today...changing the exchange rate was a basic demand, and it included a previous agreement between the government and the central bank with the Federal Reserve and the US Treasury. The agreement was not implemented within two years, and the two years ended with the start of our government's work."
4-4-2023 Intel Guru Frank26 Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" THE EXCHANGE RATE CONTINUES TO DECREASE IN THE CORRECT DIRECTION... IN THIS CASE STREET VALUE FROM 1500 TO 1400.
4-4-2023 Intel Guru MarkZ [via PDK] Article: “Parliamentary finance sets the date for the first reading of the budget” This is this week…the first reading is tomorrow. We are also expecting to hear the first reading of the HCL law this week. If all goes as smoothly as they are saying. Both are expected to pass this week.
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4-3-2023 Newshound Guru Pimpy It doesn't even look like the budget will be approved by the end of April...
4-3-2023 Intel Guru Frank26 You notice the speed of the CBI? You notice how fast they're trying to get this done now? I told you they were running out of time. What time are they running out of? The American dollar value...the monetary reform is exciting right now, exciting.
4-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-3-2023 Newshound Guru Sandy Ingram Here is what I want to show you. Kuwait's currency is .31 Kuwaiti Dinar to one US dollar. Jordan's currency is .71 Jordanian Dinar to one US dollar. Turkey's currency has suffered ups and downs but it's valued at 19.16 Turkish Lira to one US dollar. With Iraq's currency being worth so little to the US dollar, [1311] it places massive weight on imports. Thus far Iraq has used dollars to pay import invoices. But as in the case with Iran, that is no longer possible. We have every right to believe that the currency will increase in value.
4-3-2023 Guru Nader From The Mid East I was reading something about back screens again. They've been see seeing back screens in the United States the rate is $6, $7 or $11...maybe they're dreaming? I don't know. [See Guru Frank's 4-2-2023 Three Part Bank Story Post Below.]
4-3-2023 Intel Guru RayRen98 NEWS: SOME BANK STAFFERS WERE "CALLED IN" SATURDAY EXPECTING RATE CHANGE ACTIVITY BUT WERE FRUSTRATED FOR "COMING IN" FOR NOTHING. TIME WILL TELL!
4-3-2023 Newshound Guru Clare Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" Quote: "It is noteworthy that the price of the dollar is witnessing a daily decline against the Iraqi dinar in the parallel market, to reach today 149,900 thousand dinars against 100 dollars, at a time when the dollar was fixed in the budget at 1,300 dinars against one dollar."
4-3-2023 Intel Guru Frank26 Article: "Prime Minister inaugurates the strategic Karbala refinery" Quote: "leading to dispensing with imports and switching to The export stage to achieve the highest added value of the exported barrel." IRAQ NOW EXPORTING MORE OIL NOW THAN THEY WERE IMPORTING DUE TO THE REFORMS SUCCESS.
4-3-2023 Intel Guru MarkZ [via PDK] Question: Did Our window of opportunity move? MarkZ Answer: No we are in the middle of it. We are very close…you can see it.
4-3-2023 Newshound Guru Pimpy I went to go look at how the Iraqi exchange rate closed for the day...at 1430 something dinars for every dollar. It is shrinking the gap between the official rate and the parallel rate. But that guy said the gap was going to be very close within two days. I'm not sure if he's going to be able to pull that off but I might be wrong.
4-3-2023 Intel Guru Frank26 Some of the 3-zero notes will co-exist with the new small category notes and the coins that are soon to join the 3-zero notes that are in circulation right now. This whole concept about printing the 20k note it's actually just a rumor...the fact that they're talking about this 20k is just another round megaphone announcement to the citizens of Iraq that a change is coming to their currency.
4-3-2023 Newshound/Intel Guru Mnt Goat Article: "AL-ALAQ: CENTRAL BANK PACKAGES CONTRIBUTED TO THE STABILITY OF THE DOLLAR EXCHANGE RATE" Quote: "the governor of the Central Bank, Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period." Yes, kudos to Al-Alaq, hip, hip array!!!! Quote: "the central bank’s reserves are within international standards." In fact way over the required reserves of about $45 billion as told to us years ago by the IMF.
4-3-2023 Newshound Guru Pimpy It doesn't even look like the budget will be approved by the end of April...
4-3-2023 Intel Guru Frank26 You notice the speed of the CBI? You notice how fast they're trying to get this done now? I told you they were running out of time. What time are they running out of? The American dollar value...the monetary reform is exciting right now, exciting.
4-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-3-2023 Newshound Guru Sandy Ingram Here is what I want to show you. Kuwait's currency is .31 Kuwaiti Dinar to one US dollar. Jordan's currency is .71 Jordanian Dinar to one US dollar. Turkey's currency has suffered ups and downs but it's valued at 19.16 Turkish Lira to one US dollar. With Iraq's currency being worth so little to the US dollar, [1311] it places massive weight on imports. Thus far Iraq has used dollars to pay import invoices. But as in the case with Iran, that is no longer possible. We have every right to believe that the currency will increase in value.
4-3-2023 Guru Nader From The Mid East I was reading something about back screens again. They've been see seeing back screens in the United States the rate is $6, $7 or $11...maybe they're dreaming? I don't know. [See Guru Frank's 4-2-2023 Three Part Bank Story Post Below.]
4-3-2023 Intel Guru RayRen98 NEWS: SOME BANK STAFFERS WERE "CALLED IN" SATURDAY EXPECTING RATE CHANGE ACTIVITY BUT WERE FRUSTRATED FOR "COMING IN" FOR NOTHING. TIME WILL TELL!
4-3-2023 Newshound Guru Clare Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" Quote: "It is noteworthy that the price of the dollar is witnessing a daily decline against the Iraqi dinar in the parallel market, to reach today 149,900 thousand dinars against 100 dollars, at a time when the dollar was fixed in the budget at 1,300 dinars against one dollar."
4-3-2023 Intel Guru Frank26 Article: "Prime Minister inaugurates the strategic Karbala refinery" Quote: "leading to dispensing with imports and switching to The export stage to achieve the highest added value of the exported barrel." IRAQ NOW EXPORTING MORE OIL NOW THAN THEY WERE IMPORTING DUE TO THE REFORMS SUCCESS.
4-3-2023 Intel Guru MarkZ [via PDK] Question: Did Our window of opportunity move? MarkZ Answer: No we are in the middle of it. We are very close…you can see it.
4-3-2023 Newshound Guru Pimpy I went to go look at how the Iraqi exchange rate closed for the day...at 1430 something dinars for every dollar. It is shrinking the gap between the official rate and the parallel rate. But that guy said the gap was going to be very close within two days. I'm not sure if he's going to be able to pull that off but I might be wrong.
4-3-2023 Intel Guru Frank26 Some of the 3-zero notes will co-exist with the new small category notes and the coins that are soon to join the 3-zero notes that are in circulation right now. This whole concept about printing the 20k note it's actually just a rumor...the fact that they're talking about this 20k is just another round megaphone announcement to the citizens of Iraq that a change is coming to their currency.
4-3-2023 Newshound/Intel Guru Mnt Goat Article: "AL-ALAQ: CENTRAL BANK PACKAGES CONTRIBUTED TO THE STABILITY OF THE DOLLAR EXCHANGE RATE" Quote: "the governor of the Central Bank, Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period." Yes, kudos to Al-Alaq, hip, hip array!!!! Quote: "the central bank’s reserves are within international standards." In fact way over the required reserves of about $45 billion as told to us years ago by the IMF.
4-2-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-2-2023 Newshound Guru Pimpy Looks like Iraq has finally gotten the budget back to the house of representatives. Now the committee will study it and respond to whatever the new amendments are... Article: "Parliamentary Finance Announces The Receipt of the Draft Federal Budget Law" Sounds really good to me. This is what usually happens. The committee gets the draft budget law they send it to the House of Representatives. The HOR responds to amendments they want. They send it back to the Financial committee. It goes back and forth until they all agree on everything. Then they vote on it to pass.
4-2-2023 Intel Guru Frank26 Article: "Parliamentary Finance is discussing with the International Monetary Fund support for the 2023 budget law" FROM THE WB TO THE IMF, ALL T's CROSSED AND ALL I's DOTTED FOR THE MONETARY REFORM.
4-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-2-2023 Guru Nader From The Mid East A lot of people talking about the back screens. Please if anyone can explain me what's back screen and how they see the back screens. Please because I...don't know why you guys talking about back screens. There's no back screens...show us proof to see it. I don't see any proof.
4-2-2023 Newshound Guru Breitling Look. We're speculating. You have to believe Iraq can add value to its currency based on how much customers they have, how much production they have and the control of their money supply. They created artificial inflation with their money supply. Always remember that. Always go back to that. If you don't believe they can reduce this money supply then this investment definitely isn't for you.
4-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency monetary reform climate inside of Iraq determines if the fils were right...to be released at the onset. They told the citizens they will receive them at the onset with the new small category notes - that is a quantum leap.
4-2-2023 Newshound Guru Militia Man Today was a big day...it's massive. Everybody should be pumped about it because they've stopped the dollar sales. The Central Bank of Iraq is not going to sell dollars anymore. They're going to sell it to other banks that have legitimacy. Those banks will sell those dollars for legitimate purposes [to citizens]. It'll be tracked effectively...Once they dry up the dollar, the parallel market becomes obsolete. What we're hoping for is...the parallel market will get down to a 2% ratio like the IMF requires...
4-2-2023 Newshound Guru Pimpy The dollar is still continuing to slightly decline against the Iraqi dinar. What was it that guys said? Oh, yeah, the gap should be closed within two days so let's keep an eye on this and see if in fact that gap between the official versus parallel market rate is closing at all.
4-2-2023 Intel Guru Frank26 [Bank story continued] My husband is a retired Police officer...I don't have money like that to fund this account...the wealth manager called me today. He's actually the Vice President here in Oklahoma. He says I've been waiting 15 years for this to happen. And I'm going to wake up one day and receive an email from either Chase Bank or VP Morgan explaining what we need to do for our clients. He knew all about the currency...Iraq and what's been going on...what these banking people know what's going on and what's fix'n to happen is just amazing...he says can I come and meet with y'all? I said I'd rather meet with our legal team...He's actually going to call me again tomorrow. [Post 3 of 3]
4-2-2023 Intel Guru Frank26 [Bank story continued] 2 1/2 hours later we finally got out of there. We are private clients now with Chase Bank. Private Client Accounts are the larger accounts...meanwhile when we were meeting with the branch manager...He said he's seeing it [dinar] come and go on the screens. He showed me they had two screens. I stood there and watch him...He said you have 30 days to fund the account and the wealth manager will be calling you...He said he looked forward to seeing you in the future... [Post 2 of 3....stay tuned]
4-2-2023 Intel Guru Frank26 [Bank Story] I called my local Chase bank. I said, can you tell me if you're currently exchanging Iraq currency? They said everything is changing minute by minute. Your best bet is too coming into the branch. I do not have an account with Chase bank... me and my husband went down...I was at the teller letting them know I needed to open an account and needed to exchange foreign currency... She starts taking all of our information and says can you hold on just a sec? The branch manager is wanting to talk to you. I said sure. [Post 1 of 3....stay tuned]
4-2-2023 Intel Guru MarkZ [via PDK] ... the negative impact of Parliament not moving forward with the budget. It’s my opinion that the reason they have not moved forward is they know they are about to spring the new rate. But they are being pressured by the people as they have not been able to pay 600,000 government employees or so because they haven’t taken care of the mechanism in the budget. This push to me signals sooner than the end of Ramadan because these people need to be paid. This is very positive things in the streets of Iraq.
4-2-2023 Newshound Guru Pimpy Looks like Iraq has finally gotten the budget back to the house of representatives. Now the committee will study it and respond to whatever the new amendments are... Article: "Parliamentary Finance Announces The Receipt of the Draft Federal Budget Law" Sounds really good to me. This is what usually happens. The committee gets the draft budget law they send it to the House of Representatives. The HOR responds to amendments they want. They send it back to the Financial committee. It goes back and forth until they all agree on everything. Then they vote on it to pass.
4-2-2023 Intel Guru Frank26 Article: "Parliamentary Finance is discussing with the International Monetary Fund support for the 2023 budget law" FROM THE WB TO THE IMF, ALL T's CROSSED AND ALL I's DOTTED FOR THE MONETARY REFORM.
4-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-2-2023 Guru Nader From The Mid East A lot of people talking about the back screens. Please if anyone can explain me what's back screen and how they see the back screens. Please because I...don't know why you guys talking about back screens. There's no back screens...show us proof to see it. I don't see any proof.
4-2-2023 Newshound Guru Breitling Look. We're speculating. You have to believe Iraq can add value to its currency based on how much customers they have, how much production they have and the control of their money supply. They created artificial inflation with their money supply. Always remember that. Always go back to that. If you don't believe they can reduce this money supply then this investment definitely isn't for you.
4-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency monetary reform climate inside of Iraq determines if the fils were right...to be released at the onset. They told the citizens they will receive them at the onset with the new small category notes - that is a quantum leap.
4-2-2023 Newshound Guru Militia Man Today was a big day...it's massive. Everybody should be pumped about it because they've stopped the dollar sales. The Central Bank of Iraq is not going to sell dollars anymore. They're going to sell it to other banks that have legitimacy. Those banks will sell those dollars for legitimate purposes [to citizens]. It'll be tracked effectively...Once they dry up the dollar, the parallel market becomes obsolete. What we're hoping for is...the parallel market will get down to a 2% ratio like the IMF requires...
4-2-2023 Newshound Guru Pimpy The dollar is still continuing to slightly decline against the Iraqi dinar. What was it that guys said? Oh, yeah, the gap should be closed within two days so let's keep an eye on this and see if in fact that gap between the official versus parallel market rate is closing at all.
4-2-2023 Intel Guru Frank26 [Bank story continued] My husband is a retired Police officer...I don't have money like that to fund this account...the wealth manager called me today. He's actually the Vice President here in Oklahoma. He says I've been waiting 15 years for this to happen. And I'm going to wake up one day and receive an email from either Chase Bank or VP Morgan explaining what we need to do for our clients. He knew all about the currency...Iraq and what's been going on...what these banking people know what's going on and what's fix'n to happen is just amazing...he says can I come and meet with y'all? I said I'd rather meet with our legal team...He's actually going to call me again tomorrow. [Post 3 of 3]
4-2-2023 Intel Guru Frank26 [Bank story continued] 2 1/2 hours later we finally got out of there. We are private clients now with Chase Bank. Private Client Accounts are the larger accounts...meanwhile when we were meeting with the branch manager...He said he's seeing it [dinar] come and go on the screens. He showed me they had two screens. I stood there and watch him...He said you have 30 days to fund the account and the wealth manager will be calling you...He said he looked forward to seeing you in the future... [Post 2 of 3....stay tuned]
4-2-2023 Intel Guru Frank26 [Bank Story] I called my local Chase bank. I said, can you tell me if you're currently exchanging Iraq currency? They said everything is changing minute by minute. Your best bet is too coming into the branch. I do not have an account with Chase bank... me and my husband went down...I was at the teller letting them know I needed to open an account and needed to exchange foreign currency... She starts taking all of our information and says can you hold on just a sec? The branch manager is wanting to talk to you. I said sure. [Post 1 of 3....stay tuned]
4-2-2023 Intel Guru MarkZ [via PDK] ... the negative impact of Parliament not moving forward with the budget. It’s my opinion that the reason they have not moved forward is they know they are about to spring the new rate. But they are being pressured by the people as they have not been able to pay 600,000 government employees or so because they haven’t taken care of the mechanism in the budget. This push to me signals sooner than the end of Ramadan because these people need to be paid. This is very positive things in the streets of Iraq.
4-1-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-1-2023 Intel Guru Frank26 Concern "I'm not sure what to do about how to prepare for taxes." You take a portion out. If you have a million dollars you should consider $300,000 or maybe even $400,000 doesn't belong to you. If you're left with $500,000 or $600,000 be grateful for that....When you exchange your currency you are also taking out what you need to pay your taxes with of that amount. Never never use money that doesn't belong to you because how are you going to pay it back? [NOTE: Consult your tax professionals to help you determine the appropriate amount of tax for your unique circumstances.]
4-1-2023 Newshound Guru Pimpy The market rate is ridiculous. One of the ways they can combat it is to revalue the Iraqi dinar. But that would take it from 1300 dinars right back to where it was before...1100 dinar. Maybe even as low as 1050 dinars. By doing that it's going to strengthen the Iraqi dinar while at the same time closing that gap when it comes to the black market.
4-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-1-2023 Guest Guru Deepwoodz Article: "Central Bank: The dollar began to decline continuously" The float?
4-1-2023 Guru Nader From The Mid East This is coming from my friend in California . He's giving you a message. He said they start implementation. They're going to straighten out the dollar. They said a couple of days, yesterday so it should be today or tomorrow you should see the difference a little bit...
4-1-2023 Intel Guru Frank26 Article: "The US Senate supports the repeal of authorizations for the Iraq war". THE AMERICAN SUPPORT NOW COMES TO AN END AFTER TWO DECADES... BECAUSE THE MONETARY REFORM HAS MATURED THE IRAQI CURRENCY... IRAQ DOES NOT NEED ANYBODY'S HELP!
4-1-2023 Newshound Guru Militia Man Iraq's reserves are sufficient. They have the freedom of transfer. They have the legal frameworks. They're in compliance. All of these things are effectively giving strength to the Iraqi dinar. To my thinking, and to some others, at some point in time they're going to have to make another adjustment to their exchange rate to be internationally compliant and finish the final process...
4-1-2023 Intel Guru MarkZ [via PDK] ...on the RV side…I have never seen so much overwhelming stuff out of bankers during this whole process. Yes, they have been upbeat before…but right now they are losing it…in a good way...
4-1-2023 Newshound Guru Clare Article: "Al-Sudani's advisor identifies the reasons for the decline in the parallel price of the dollar in the Iraqi market" Quote: "The Central Bank's window sales began to touch their previous normal rates of sale, to reach approximately $200 million per working day in the foreign currency auction, which is a very stable level of sales to meet the market demand for foreign exchange...the price differences between the official exchange rate of the dinar against the dollar and the price equivalent to it did not widen, but there are strong signals towards contraction...especially the decline of the dollar in the parallel price...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar"
4-1-2023 Newshound Guru Pimpy Article: "Central Bank: Dollar will gradually fall within two days to reach official rate" This article I find very interesting...this person was able to pinpoint an actual time when the gap between the official rate and the market rate would be closed...it looks like it has fallen. You get 1461 dinars for every dollar compared to where it was - 1700 and something...the market rate is indeed going down. This is good. We want that number to shrink...I would love to see that sucker continue to drop, drop and drop...
4-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend thinks it might not float but go straight to $3+ FRANK: I heard about that rumor...it's stupid. It has to float. Mathematically they need to float...Either way we win...
4-1-2023 Intel Guru MarkZ [via PDK] I know people who helped set up centers in banks …You can call them redemption centers or you can call them banking locations set up logistically to handle exchanges…the terminology is different but they are the same. You can call it whatever you want to call it. I know there are places set up to specifically handle this.
4-1-2023 Intel Guru Bruce [via WiserNow] ...it appears that the kickoff day for this could be somewhere around the weekend, Saturday, Sunday, Monday. It could be if we don't get started on Saturday, for example - It may defer to Monday...money is really supposed to really be flowing on Saturday, April 1st...I think we're in a really good place...
4-1-2023 Intel Guru Frank26 Concern "I'm not sure what to do about how to prepare for taxes." You take a portion out. If you have a million dollars you should consider $300,000 or maybe even $400,000 doesn't belong to you. If you're left with $500,000 or $600,000 be grateful for that....When you exchange your currency you are also taking out what you need to pay your taxes with of that amount. Never never use money that doesn't belong to you because how are you going to pay it back? [NOTE: Consult your tax professionals to help you determine the appropriate amount of tax for your unique circumstances.]
4-1-2023 Newshound Guru Pimpy The market rate is ridiculous. One of the ways they can combat it is to revalue the Iraqi dinar. But that would take it from 1300 dinars right back to where it was before...1100 dinar. Maybe even as low as 1050 dinars. By doing that it's going to strengthen the Iraqi dinar while at the same time closing that gap when it comes to the black market.
4-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-1-2023 Guest Guru Deepwoodz Article: "Central Bank: The dollar began to decline continuously" The float?
4-1-2023 Guru Nader From The Mid East This is coming from my friend in California . He's giving you a message. He said they start implementation. They're going to straighten out the dollar. They said a couple of days, yesterday so it should be today or tomorrow you should see the difference a little bit...
4-1-2023 Intel Guru Frank26 Article: "The US Senate supports the repeal of authorizations for the Iraq war". THE AMERICAN SUPPORT NOW COMES TO AN END AFTER TWO DECADES... BECAUSE THE MONETARY REFORM HAS MATURED THE IRAQI CURRENCY... IRAQ DOES NOT NEED ANYBODY'S HELP!
4-1-2023 Newshound Guru Militia Man Iraq's reserves are sufficient. They have the freedom of transfer. They have the legal frameworks. They're in compliance. All of these things are effectively giving strength to the Iraqi dinar. To my thinking, and to some others, at some point in time they're going to have to make another adjustment to their exchange rate to be internationally compliant and finish the final process...
4-1-2023 Intel Guru MarkZ [via PDK] ...on the RV side…I have never seen so much overwhelming stuff out of bankers during this whole process. Yes, they have been upbeat before…but right now they are losing it…in a good way...
4-1-2023 Newshound Guru Clare Article: "Al-Sudani's advisor identifies the reasons for the decline in the parallel price of the dollar in the Iraqi market" Quote: "The Central Bank's window sales began to touch their previous normal rates of sale, to reach approximately $200 million per working day in the foreign currency auction, which is a very stable level of sales to meet the market demand for foreign exchange...the price differences between the official exchange rate of the dinar against the dollar and the price equivalent to it did not widen, but there are strong signals towards contraction...especially the decline of the dollar in the parallel price...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar"
4-1-2023 Newshound Guru Pimpy Article: "Central Bank: Dollar will gradually fall within two days to reach official rate" This article I find very interesting...this person was able to pinpoint an actual time when the gap between the official rate and the market rate would be closed...it looks like it has fallen. You get 1461 dinars for every dollar compared to where it was - 1700 and something...the market rate is indeed going down. This is good. We want that number to shrink...I would love to see that sucker continue to drop, drop and drop...
4-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend thinks it might not float but go straight to $3+ FRANK: I heard about that rumor...it's stupid. It has to float. Mathematically they need to float...Either way we win...
4-1-2023 Intel Guru MarkZ [via PDK] I know people who helped set up centers in banks …You can call them redemption centers or you can call them banking locations set up logistically to handle exchanges…the terminology is different but they are the same. You can call it whatever you want to call it. I know there are places set up to specifically handle this.
4-1-2023 Intel Guru Bruce [via WiserNow] ...it appears that the kickoff day for this could be somewhere around the weekend, Saturday, Sunday, Monday. It could be if we don't get started on Saturday, for example - It may defer to Monday...money is really supposed to really be flowing on Saturday, April 1st...I think we're in a really good place...
3-31-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-31-2023 Intel Guru Frank26 Question: "What about taxes on the RV?" There are many of you that believe you're not going to be paying any taxes on this transaction. When was the last time that our government allowed you not top pay taxes on money that you earned? ...you're going to pay taxes. Stop kidding yourself. [NOTE: At the appropriate time consult your tax advisors to determine the right taxes for your unique circumstances.]
3-31-2023 Newshound Guru Pimpy They need to...combat that open market so every time they increase the value for the IQD...it keeps screwing up the criminals who keep going out there on the black market and getting the IQD for 1750 or 1550 dinars for every dollar, turn around and sell them back to the bank at a rate of 1300+ for every dollar. They're profiting around 200 IQD for every dollar buying them off the black market...That's what they're doing. Back-forth back-forth. You need to do something that just screws them over. One of those things are just increase the value of the IQD and you won't have such a black market.
3-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-31-2023 Intel Guru MarkZ [via PDK] Not a huge amount of news today but all of it continues to be very, very positive. We are hearing very good things about the weekend. But, it could be premature. We will see. Its best to stay grounded in this process.
3-31-2023 Guest Guru Deepwoodz Question: "The prevailing opinion is the 1 to 1 exchange rate...Is this 20k note to throw us off of that?" Not to throw you off. I believe it’s simply to make their mathematics simpler for the banks...Having more denominations is like having more tools in your toolbox...This to me is just another GOOD sign that progress is being made and the CBI is preparing themselves. The IMF refers to this as “binary-decimal triplets”. 1, 5, 10……20, 50, 100 etc….The CBI is filling in the missing links...
3-31-2023 Intel Guru Bruce [via WiserNow] ...we have information from a source - That's very strong - That says that Saturday, yes, April 1st is the day that all the funds start flowing...what makes this time different is that Iraq finally made their way onto the Forex... Wednesday, the 29th of March, for the first time in...I'm going to say almost 20 years on the Forex...Not as a an exotic currency but as a real bonafide currency that's been revalued and has a new value that is probably being traded up as we speak...we've been waiting for that to show up... now we've got to see how that manifests.
3-31-2023 Newshound Guru Clare Article: "Member of Parliamentary Finance: The stability of the dollar exchange depends on the government's control of the market" Quote: "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests, noting that this contributed to reducing the difference between the official and parallel exchange rate, pointing out that most markets began dealing in the Iraqi dinar, and this will contribute to its support."
3-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The IMF is doing interviews on the news on our Iraqi Channel One...they're saying they are backing the 2023 budget and the president of Iraq is saying how Iraq needs to push and approve the oil and gas law as soon as possible because it's ready. A lot of news is popping all over the place... FRANK: Like we told you this last week would be explosive because the media campaign that they are doing...now with the monetary reform at the beginning of next month it will really be loud.
3-31-2023 Intel Guru MarkZ [via PDK] [Guru] Nader did tell us and I think it’s very important …He says the process has started. And I couldn’t agree more. I am hearing this from all my sources that it has started…It cannot be pulled back…It is well underway. None of us know exactly the timing. We...know that Kuwait did indeed RV during Ramadan. No matter what we have a few interesting weeks ahead.
3-31-2023 Newshound Guru Militia Man What they're trying to do is adjust the official rate to the parallel market rate...they are at an official rate of 1310 but the parallel market isn't quite the same. We'll have to see how they roll, whether that's at 1570 or 1132 to be determined. There are articles out that suggest they were going to go to 1132 but it's not official yet. We'll have to wait and see how that turns out.
3-31-2023 Newshound/Intel Guru Mnt Goat Article: "THE FEDERAL OIL AND GAS LAW WILL BE AGREED UPON SOON" Quote: "...there is an agreement between Baghdad and Erbil to enact the federal oil and gas law soon."
3-31-2023 Intel Guru Frank26 Here are 3 clues that this 20k is a bunch of nonsense. 1. They told the citizens they're going to introduce new lower small category notes... 2. They told the citizens they're gonna give them coins when they introduce the new small category notes. 3. They're gonna float. These three things have been told to the citizens of Iraq...so why bother with the 20k notes?
3-31-2023 Intel Guru Bruce [via WiserNow] ...I'm looking forward to the end of it as much as you are, but we'll see where it goes for the rest of the week...we should have a very interesting April Fool's Day, coming up Saturday. So we'll see what that looks like for us.
3-31-2023 Intel Guru Frank26 Question: "What about taxes on the RV?" There are many of you that believe you're not going to be paying any taxes on this transaction. When was the last time that our government allowed you not top pay taxes on money that you earned? ...you're going to pay taxes. Stop kidding yourself. [NOTE: At the appropriate time consult your tax advisors to determine the right taxes for your unique circumstances.]
3-31-2023 Newshound Guru Pimpy They need to...combat that open market so every time they increase the value for the IQD...it keeps screwing up the criminals who keep going out there on the black market and getting the IQD for 1750 or 1550 dinars for every dollar, turn around and sell them back to the bank at a rate of 1300+ for every dollar. They're profiting around 200 IQD for every dollar buying them off the black market...That's what they're doing. Back-forth back-forth. You need to do something that just screws them over. One of those things are just increase the value of the IQD and you won't have such a black market.
3-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-31-2023 Intel Guru MarkZ [via PDK] Not a huge amount of news today but all of it continues to be very, very positive. We are hearing very good things about the weekend. But, it could be premature. We will see. Its best to stay grounded in this process.
3-31-2023 Guest Guru Deepwoodz Question: "The prevailing opinion is the 1 to 1 exchange rate...Is this 20k note to throw us off of that?" Not to throw you off. I believe it’s simply to make their mathematics simpler for the banks...Having more denominations is like having more tools in your toolbox...This to me is just another GOOD sign that progress is being made and the CBI is preparing themselves. The IMF refers to this as “binary-decimal triplets”. 1, 5, 10……20, 50, 100 etc….The CBI is filling in the missing links...
3-31-2023 Intel Guru Bruce [via WiserNow] ...we have information from a source - That's very strong - That says that Saturday, yes, April 1st is the day that all the funds start flowing...what makes this time different is that Iraq finally made their way onto the Forex... Wednesday, the 29th of March, for the first time in...I'm going to say almost 20 years on the Forex...Not as a an exotic currency but as a real bonafide currency that's been revalued and has a new value that is probably being traded up as we speak...we've been waiting for that to show up... now we've got to see how that manifests.
3-31-2023 Newshound Guru Clare Article: "Member of Parliamentary Finance: The stability of the dollar exchange depends on the government's control of the market" Quote: "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests, noting that this contributed to reducing the difference between the official and parallel exchange rate, pointing out that most markets began dealing in the Iraqi dinar, and this will contribute to its support."
3-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The IMF is doing interviews on the news on our Iraqi Channel One...they're saying they are backing the 2023 budget and the president of Iraq is saying how Iraq needs to push and approve the oil and gas law as soon as possible because it's ready. A lot of news is popping all over the place... FRANK: Like we told you this last week would be explosive because the media campaign that they are doing...now with the monetary reform at the beginning of next month it will really be loud.
3-31-2023 Intel Guru MarkZ [via PDK] [Guru] Nader did tell us and I think it’s very important …He says the process has started. And I couldn’t agree more. I am hearing this from all my sources that it has started…It cannot be pulled back…It is well underway. None of us know exactly the timing. We...know that Kuwait did indeed RV during Ramadan. No matter what we have a few interesting weeks ahead.
3-31-2023 Newshound Guru Militia Man What they're trying to do is adjust the official rate to the parallel market rate...they are at an official rate of 1310 but the parallel market isn't quite the same. We'll have to see how they roll, whether that's at 1570 or 1132 to be determined. There are articles out that suggest they were going to go to 1132 but it's not official yet. We'll have to wait and see how that turns out.
3-31-2023 Newshound/Intel Guru Mnt Goat Article: "THE FEDERAL OIL AND GAS LAW WILL BE AGREED UPON SOON" Quote: "...there is an agreement between Baghdad and Erbil to enact the federal oil and gas law soon."
3-31-2023 Intel Guru Frank26 Here are 3 clues that this 20k is a bunch of nonsense. 1. They told the citizens they're going to introduce new lower small category notes... 2. They told the citizens they're gonna give them coins when they introduce the new small category notes. 3. They're gonna float. These three things have been told to the citizens of Iraq...so why bother with the 20k notes?
3-31-2023 Intel Guru Bruce [via WiserNow] ...I'm looking forward to the end of it as much as you are, but we'll see where it goes for the rest of the week...we should have a very interesting April Fool's Day, coming up Saturday. So we'll see what that looks like for us.
3-31-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-30-2023 Intel Guru Frank26 This is the last week of this month. The month where they're educating them. I strongly believe next month they're going to start to show them...I know you're excited but I'm more excited about what I haven't answered yet...
3-30-2023 Newshound/Intel Gurus Walkingstick & Frank26 The time, effort, logistics, cost of doing such a massive printing [of 20k notes] just before they're ready to give them what they've been talking about is the reason why not to print the 20k. It is only logical that it might be used for internal usage than anything else.
3-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-30-2023 Intel Guru MarkZ [via PDK] A number of sources are still saying April 1st through the 3rd is a “go”...I did speak to one contact from the redemption side… They are planning on working this weekend. They believe they will be working this weekend. Could that change between now and the weekend…possibly. But this is the first time in a long while that they are expecting to work.
3-30-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK EXPECTS A DECREASE IN THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL EXCHANGE RATES IN THE COMING PERIOD" Quote: "...the Department of Issuance and Treasurys is working to study the possibility of printing a cash denomination of 20,000 dinars, and in the coming days it will take the decision to print it or not printed.” I consider this 20k note yet another possible currency reform measure they are thinking about taking to increase the rate of the dinar and get it under control. But the official decision has not yet been made for sure.
3-30-2023 Newshound Guru Militia Man Four months ago they were talking about studying the possibility of introducing a 20k note. We believe that the language that they use is misleading...Many people do...They didn't say they did they just said they're talking about it as a possibility ...they were talking about this 4 month [ago]...the 29th of November and they did it again [yesterday]...The belief would be that they're not going to do that and they'll maybe come out and say something to the affect that we decided not to do that but we're doing this instead...
3-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News the CBI is saying in coming days they will make a decision on whether to print this new 20k note or not to print it. They're telling us it would help solve the difference in the price range in Erbil and Baghdad...the street also talking about new 20k note and they're telling us changes coming to our currency. FRANK: This new note they're talking about is actually part of the monetary reform ...this will only be temporary until they float the currency Internationally.
3-30-2023 Intel Guru MarkZ [via PDK] They have already told us that over the next few weeks that their currency…the dinar will parallel the market and wealth of Iraq. Parallel means to represent the true value. We know it’s coming. Its their job to keep things uncertain as to timing. Regarding Iraqi border crossings…this dropped yesterday from the CBI. There is an extreme tightening of cash going in and out of Iraq. I was always told to look for this toward the end. Coming from the CBI I think this is a big sign that things are impending.
3-30-2023 Guru Nader From The Mid East I'm sure everybody heard about the printing of the 20,000 dinars. I don't think it's gonna go through. I don't believe. If they print 20,000 dinars why are they doing all this stuff? I think they're gonna print smaller categories. I think it's gonna happen soon. So I disagree with that. I totally disagree with it. Strongly disagree with it. Don't bring big bills when you're talking about nickels and dimes and cents...
3-30-2023 Newshound Guru Clare Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars” Quote: “the central bank is amending and updating currency notes in response to market requests and developments and limiting counterfeiting,” noting that “the issuance and treasury department is working to study the possibility of printing a cash category of 20 thousand dinars, and in the coming days it will take action The decision to print or not to print..."
3-30-2023 Intel Guru Frank26 Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars" THIS IS MONETARY REFORM EDUCATION TELLING THE CITIZENS WE ARE REMOVING THE 25K, INTERNALLY & BRINGING IN THE 20K, WHERE EVENTUALLY 3 ZEROS WILL BE REMOVED & ADJUSTED WITH THE NEW EXCHANGE RATE.
3-30-2023 Intel Guru MarkZ [via PDK] They have record amounts of reserves. Record amounts of money and record amounts of assets…and they are telling us the currency rate will soon parallel that “To show its true value”...
3-30-2023 Intel Guru Frank26 This is the last week of this month. The month where they're educating them. I strongly believe next month they're going to start to show them...I know you're excited but I'm more excited about what I haven't answered yet...
3-30-2023 Newshound/Intel Gurus Walkingstick & Frank26 The time, effort, logistics, cost of doing such a massive printing [of 20k notes] just before they're ready to give them what they've been talking about is the reason why not to print the 20k. It is only logical that it might be used for internal usage than anything else.
3-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-30-2023 Intel Guru MarkZ [via PDK] A number of sources are still saying April 1st through the 3rd is a “go”...I did speak to one contact from the redemption side… They are planning on working this weekend. They believe they will be working this weekend. Could that change between now and the weekend…possibly. But this is the first time in a long while that they are expecting to work.
3-30-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK EXPECTS A DECREASE IN THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL EXCHANGE RATES IN THE COMING PERIOD" Quote: "...the Department of Issuance and Treasurys is working to study the possibility of printing a cash denomination of 20,000 dinars, and in the coming days it will take the decision to print it or not printed.” I consider this 20k note yet another possible currency reform measure they are thinking about taking to increase the rate of the dinar and get it under control. But the official decision has not yet been made for sure.
3-30-2023 Newshound Guru Militia Man Four months ago they were talking about studying the possibility of introducing a 20k note. We believe that the language that they use is misleading...Many people do...They didn't say they did they just said they're talking about it as a possibility ...they were talking about this 4 month [ago]...the 29th of November and they did it again [yesterday]...The belief would be that they're not going to do that and they'll maybe come out and say something to the affect that we decided not to do that but we're doing this instead...
3-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News the CBI is saying in coming days they will make a decision on whether to print this new 20k note or not to print it. They're telling us it would help solve the difference in the price range in Erbil and Baghdad...the street also talking about new 20k note and they're telling us changes coming to our currency. FRANK: This new note they're talking about is actually part of the monetary reform ...this will only be temporary until they float the currency Internationally.
3-30-2023 Intel Guru MarkZ [via PDK] They have already told us that over the next few weeks that their currency…the dinar will parallel the market and wealth of Iraq. Parallel means to represent the true value. We know it’s coming. Its their job to keep things uncertain as to timing. Regarding Iraqi border crossings…this dropped yesterday from the CBI. There is an extreme tightening of cash going in and out of Iraq. I was always told to look for this toward the end. Coming from the CBI I think this is a big sign that things are impending.
3-30-2023 Guru Nader From The Mid East I'm sure everybody heard about the printing of the 20,000 dinars. I don't think it's gonna go through. I don't believe. If they print 20,000 dinars why are they doing all this stuff? I think they're gonna print smaller categories. I think it's gonna happen soon. So I disagree with that. I totally disagree with it. Strongly disagree with it. Don't bring big bills when you're talking about nickels and dimes and cents...
3-30-2023 Newshound Guru Clare Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars” Quote: “the central bank is amending and updating currency notes in response to market requests and developments and limiting counterfeiting,” noting that “the issuance and treasury department is working to study the possibility of printing a cash category of 20 thousand dinars, and in the coming days it will take action The decision to print or not to print..."
3-30-2023 Intel Guru Frank26 Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars" THIS IS MONETARY REFORM EDUCATION TELLING THE CITIZENS WE ARE REMOVING THE 25K, INTERNALLY & BRINGING IN THE 20K, WHERE EVENTUALLY 3 ZEROS WILL BE REMOVED & ADJUSTED WITH THE NEW EXCHANGE RATE.
3-30-2023 Intel Guru MarkZ [via PDK] They have record amounts of reserves. Record amounts of money and record amounts of assets…and they are telling us the currency rate will soon parallel that “To show its true value”...
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3-29-2023 Newshound Guru Militia Man Earlier today the Central Bank came out. Alaq says they have those 3 packages they launched to create an environment that stabilized the dollar exchange rate...he says the amount of reserves they've acquired from the oil sales is astonishing...about $115 billion...He's basically stating those central bank reserves are within International standards. That's a big thing...having a massive foreign reserves, plus the gold, it supports the value fo the currency and it brings on stability...
3-29-2023 Newshound Guru Clare Article "Al-Alaq: Central Bank packages contributed to the stability of the dollar exchange rate" Quote "Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period...The central bank's reserves depend on oil revenues through the sale of oil, as it is the source of foreign currency reserves that come from Iraq's oil exports. It is the main factor in determining the reserves," noting that "the central bank's reserves are within international standards."
3-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-29-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report continued] FRANK: And IMO April is when they will show it to you and give it to you in your hands. These are exciting times that they are presenting to you because they are constantly reminding you on TV Channel One...hold onto your dinars because they will soon have value with your lower currency notes and fils. All of that screams a 1 to 1 exchange rate with the American dollar to soon float in an international basket with the Iraqi dinar being the currency power because they will be a currency hub. [Post 2 of 2]
3-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news keeps talking about fils and about the new lower notes and why it's going to help the citizens. They keep explaining the meaning and how it's going to give us purchasing power and how we will be able to make change...they also keep talking about, 'Hold onto your dinars'... FRANK: The monetary reform education continues to march forward...I strongly believe March is where they will tell you all about the new currency and the new exchange rate and the coins [Post 1 of 2....stay tuned]
3-29-2023 Intel Guru Bruce [via WiserNow] It looks like we're in position to get this thing started for us between Wednesday and Friday...is what we're getting from one of our best sources...It’s looking very solid for us... We'll see what happens...
3-29-2023 Newshound Guru Sandy Ingram The bank made an announcement that travelers in Iraq should come to the bank during business hours to exchange currency for U.S dollars. It appears the money shortage of Iraqi dinars is over especially since Iraq will be paying its debts to Iran using another currency other than U.S. dollars.
3-29-2023 Newshound Guru Samson Article: ”The U.S. Senate voted overwhelmingly...to push forward with legislation to overturn two decades-old mandates to wage wars in Iraq as Congress seeks to reaffirm its role in deciding to send troops to fight...The vote ended with a score of 65 to 28, more than the necessary 60 in the 100-member Senate, paving the way for a vote..."
3-29-2023 Newshound Guru Pimpy Is the IQD on life support? Yeah it is...Currencies around the world are being crushed right now by the US dollar. That's a fact. Not to mention the fact that on the open market/black market rate...at one time was 1750 dinars. It dropped down to 1500 which is a good moment but...1300 dinars for every dollar is the official rate. I think one of the ways to combat that would be to continue to increase the value of the IQD. Move it from 1300 dinars for every dollar down to somewhere around 1050 dinars for every dollar. It's a huge jump. It's big. It's not small. That's big.
3-29-2023 Intel Guru MarkZ [via PDK] My guesses or hunches: We are seeing a lot of scrambling as if they are preparing and trying to go between April 1st-3rd. It actually would not surprise me if we got notices today. It would not surprise me if we got notices in 3 weeks. ...it appears that 3 day window is in their targets. So my hunch is somewhere in there. But this is just a hunch.
3-29-2023 Newshound Guru Militia Man In the final stage, what we're expecting is the education of the citizens. On the street we're hearing that the citizens have been told about new things that are coming and it has to do with their currency. Not money but currency.
3-29-2023 Newshound Guru Clare Article: "Advisor to the Prime Minister: Iraq's economy is strong and moving towards improvement" Quote: "Salih reassured the Iraqis that Iraq's reserves are sufficient and freedom of transfer is available through legal frameworks and compliance, as imports are made at an exchange rate of 1,300 dinars to the dollar, which gives strength to the Iraqi dinar... The central bank's reserves today are around $115 billion, which is the largest reserve in the country's history."
3-29-2023 Intel Guru Frank26 Early summer of last year I started to tell you, you needed to start paying attention because...they are about to tell the Iraqi citizens everything about the new small category notes...back then...I said there wouldn't be any coins right away...UPDATE! UPDATE! ...it turns out the coins are coming out...what did you see this month? Articles about coins ...this is the month of March where they are educating them IMO. In the month of April IMO is where they are going to show them...new small category notes, with a new exchange rate and coins.
3-29-2023 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRANSPORT: THE GOVERNMENT’S VISION ASPIRES TO TRANSFORM IRAQ INTO AN INTERNATIONAL TRADE CENTER BETWEEN ASIA AND EUROPE" ...I told you that Iraq is going to be a huge clearing house for the middle east between Asia (China) and Europe (EU). So here it is now in black and white from their own news media. Their words not mine…. No Rumors, No Hype, No Opinions...Just the FACTS! They can not possible continue with this approach with a program rate and not being an internationally traded currency.
3-29-2023 Newshound Guru Militia Man Earlier today the Central Bank came out. Alaq says they have those 3 packages they launched to create an environment that stabilized the dollar exchange rate...he says the amount of reserves they've acquired from the oil sales is astonishing...about $115 billion...He's basically stating those central bank reserves are within International standards. That's a big thing...having a massive foreign reserves, plus the gold, it supports the value fo the currency and it brings on stability...
3-29-2023 Newshound Guru Clare Article "Al-Alaq: Central Bank packages contributed to the stability of the dollar exchange rate" Quote "Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period...The central bank's reserves depend on oil revenues through the sale of oil, as it is the source of foreign currency reserves that come from Iraq's oil exports. It is the main factor in determining the reserves," noting that "the central bank's reserves are within international standards."
3-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-29-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report continued] FRANK: And IMO April is when they will show it to you and give it to you in your hands. These are exciting times that they are presenting to you because they are constantly reminding you on TV Channel One...hold onto your dinars because they will soon have value with your lower currency notes and fils. All of that screams a 1 to 1 exchange rate with the American dollar to soon float in an international basket with the Iraqi dinar being the currency power because they will be a currency hub. [Post 2 of 2]
3-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news keeps talking about fils and about the new lower notes and why it's going to help the citizens. They keep explaining the meaning and how it's going to give us purchasing power and how we will be able to make change...they also keep talking about, 'Hold onto your dinars'... FRANK: The monetary reform education continues to march forward...I strongly believe March is where they will tell you all about the new currency and the new exchange rate and the coins [Post 1 of 2....stay tuned]
3-29-2023 Intel Guru Bruce [via WiserNow] It looks like we're in position to get this thing started for us between Wednesday and Friday...is what we're getting from one of our best sources...It’s looking very solid for us... We'll see what happens...
3-29-2023 Newshound Guru Sandy Ingram The bank made an announcement that travelers in Iraq should come to the bank during business hours to exchange currency for U.S dollars. It appears the money shortage of Iraqi dinars is over especially since Iraq will be paying its debts to Iran using another currency other than U.S. dollars.
3-29-2023 Newshound Guru Samson Article: ”The U.S. Senate voted overwhelmingly...to push forward with legislation to overturn two decades-old mandates to wage wars in Iraq as Congress seeks to reaffirm its role in deciding to send troops to fight...The vote ended with a score of 65 to 28, more than the necessary 60 in the 100-member Senate, paving the way for a vote..."
3-29-2023 Newshound Guru Pimpy Is the IQD on life support? Yeah it is...Currencies around the world are being crushed right now by the US dollar. That's a fact. Not to mention the fact that on the open market/black market rate...at one time was 1750 dinars. It dropped down to 1500 which is a good moment but...1300 dinars for every dollar is the official rate. I think one of the ways to combat that would be to continue to increase the value of the IQD. Move it from 1300 dinars for every dollar down to somewhere around 1050 dinars for every dollar. It's a huge jump. It's big. It's not small. That's big.
3-29-2023 Intel Guru MarkZ [via PDK] My guesses or hunches: We are seeing a lot of scrambling as if they are preparing and trying to go between April 1st-3rd. It actually would not surprise me if we got notices today. It would not surprise me if we got notices in 3 weeks. ...it appears that 3 day window is in their targets. So my hunch is somewhere in there. But this is just a hunch.
3-29-2023 Newshound Guru Militia Man In the final stage, what we're expecting is the education of the citizens. On the street we're hearing that the citizens have been told about new things that are coming and it has to do with their currency. Not money but currency.
3-29-2023 Newshound Guru Clare Article: "Advisor to the Prime Minister: Iraq's economy is strong and moving towards improvement" Quote: "Salih reassured the Iraqis that Iraq's reserves are sufficient and freedom of transfer is available through legal frameworks and compliance, as imports are made at an exchange rate of 1,300 dinars to the dollar, which gives strength to the Iraqi dinar... The central bank's reserves today are around $115 billion, which is the largest reserve in the country's history."
3-29-2023 Intel Guru Frank26 Early summer of last year I started to tell you, you needed to start paying attention because...they are about to tell the Iraqi citizens everything about the new small category notes...back then...I said there wouldn't be any coins right away...UPDATE! UPDATE! ...it turns out the coins are coming out...what did you see this month? Articles about coins ...this is the month of March where they are educating them IMO. In the month of April IMO is where they are going to show them...new small category notes, with a new exchange rate and coins.
3-29-2023 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRANSPORT: THE GOVERNMENT’S VISION ASPIRES TO TRANSFORM IRAQ INTO AN INTERNATIONAL TRADE CENTER BETWEEN ASIA AND EUROPE" ...I told you that Iraq is going to be a huge clearing house for the middle east between Asia (China) and Europe (EU). So here it is now in black and white from their own news media. Their words not mine…. No Rumors, No Hype, No Opinions...Just the FACTS! They can not possible continue with this approach with a program rate and not being an internationally traded currency.
3-28-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-28-2023 Intel Guru Frank26 Yes, you can go to the CBI website and it's at 1310 right now. You saw the article. The CBI governor is the one who's suggesting/presenting the 1132 exchange rate. When he approves it, it will be on the CBI website. They are talking about that's the next step. I told [Firefly] they're talking about making another change before we get to the 1 to 1. That's exactly what we told you... [NOTE: You can always see the latest official CBI dinar exchagne rate on the left side of this page]
3-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's a serious media campaign of the monetary reform. It's getting louder and louder with each passing day...the last week of March has great potential for the monetary reform to expose more to the citizens.
3-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-28-2023 Intel Guru MarkZ [via PDK] We are getting a tremendous amount of chatter – surprisingly from Iraq. They seem to be on a expedited time scale. What I am hearing is to watch between the 1st and the 3rd right now. We are still trying to “vet” some things...They keep telling us they are about to have more money…we should listen to them.
3-28-2023 Newshound Guru Henig Article: "The Ministry of Planning discusses the effects of changing the exchange rate on the Iraqi market" Quote: "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and trade movement...the ministry will submit its recommendations to the Council of Ministers in the near future. Prime Minister Mohammed Shia al-Sudani had directed that the Ministry of Planning study the effects of changing the exchange rate on the Iraqi market."
3-28-2023 Newshound Guru Militia Man They have an agenda...to get their financial system...ceasing the multi-currency practices - which is not using the dollar. It's going to be using the dinar but they're also going to be able to clear on new platforms, all these different currency of the world.
3-28-2023 Newshound Guru Clare Article: "Al-Sudani’s Advisor Determines, Via Earth News, The Date For The Disappearance Of The Dollar Price Difference" Quote: "...Salih, set today, Tuesday, a date when the difference in the price of the dollar from the central bank will be removed from the market... The exchange market in Iraq is still gradually adapting to international compliance controls in financing foreign trade for the private sector...we find that the country is still dealing with two exchange rates, which is a very temporary matter that will disappear over time.”
3-28-2023 Guru Nader From The Mid East Everything is in place. Now we're just waiting for them to do something to make a move...
3-28-2023 Intel Guru MarkZ [via PDK] Article: “PM Advisor: Iraq economy is strong and moving toward improvement” ...They are literally telling you what they are doing. Quotes: “He emphasized that the situation is gradually improving as long as there is freedom in transferring the process that is subject to compliance” “Noting that during the next few weeks or months the official exchange rate will match with the parallel” What they are telling us is that the rate in the next few weeks will be in parallel with their assets…or their great wealth. They are telling you it is happening. Don’t panic about the timing…they have to say that to keep the timing confused…it is part of the process.
3-28-2023 Newshound Guru Pimpy Article: "USD/IQD rate declines in Baghdad, Erbil" The U.S. dollar is continuing to gain ground on the Iraqi dinar. This is not good. This is out of whack...the Iraqi dinar is not gaining in value versus the U.S. dollar and it's going in the wrong direction...
3-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my [bank] friend and he says with the dollar gone from ATM machines very soon we will have to see value more. And the lower notes and the fils, without these it will lead to hyper-inflation. The point has been set. Looks like soon more greater news is coming. FRANK: That's exactly right. This last week of March may be very explosive as they give you the final definitions and instructions of the monetary reform. Next Monday is when I hope they will show you your new national currency with value and the coins...I'm excited about what they are now telling you and showing you.
3-28-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" Quote: "A member of the Oil, Gas and Natural Resources Committee, Kazem Al-Tooki, revealed that there are parliamentary efforts to pass the oil and gas law soon, indicating that all roads are clear towards passing the law." This article is music to me when I read it…Yes we waiting so long to see this. Finally!!! Go RV!
3-28-2023 Intel Guru MarkZ [via PDK] Question: So if Vietnam goes when Iraq goes alone…will it float as well? MarkZ Answer: I am hearing from many contacts throughout the day today…that the rate may be fixed and should not be a float.
3-28-2023 Intel Guru Frank26 Yes, you can go to the CBI website and it's at 1310 right now. You saw the article. The CBI governor is the one who's suggesting/presenting the 1132 exchange rate. When he approves it, it will be on the CBI website. They are talking about that's the next step. I told [Firefly] they're talking about making another change before we get to the 1 to 1. That's exactly what we told you... [NOTE: You can always see the latest official CBI dinar exchagne rate on the left side of this page]
3-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's a serious media campaign of the monetary reform. It's getting louder and louder with each passing day...the last week of March has great potential for the monetary reform to expose more to the citizens.
3-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-28-2023 Intel Guru MarkZ [via PDK] We are getting a tremendous amount of chatter – surprisingly from Iraq. They seem to be on a expedited time scale. What I am hearing is to watch between the 1st and the 3rd right now. We are still trying to “vet” some things...They keep telling us they are about to have more money…we should listen to them.
3-28-2023 Newshound Guru Henig Article: "The Ministry of Planning discusses the effects of changing the exchange rate on the Iraqi market" Quote: "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and trade movement...the ministry will submit its recommendations to the Council of Ministers in the near future. Prime Minister Mohammed Shia al-Sudani had directed that the Ministry of Planning study the effects of changing the exchange rate on the Iraqi market."
3-28-2023 Newshound Guru Militia Man They have an agenda...to get their financial system...ceasing the multi-currency practices - which is not using the dollar. It's going to be using the dinar but they're also going to be able to clear on new platforms, all these different currency of the world.
3-28-2023 Newshound Guru Clare Article: "Al-Sudani’s Advisor Determines, Via Earth News, The Date For The Disappearance Of The Dollar Price Difference" Quote: "...Salih, set today, Tuesday, a date when the difference in the price of the dollar from the central bank will be removed from the market... The exchange market in Iraq is still gradually adapting to international compliance controls in financing foreign trade for the private sector...we find that the country is still dealing with two exchange rates, which is a very temporary matter that will disappear over time.”
3-28-2023 Guru Nader From The Mid East Everything is in place. Now we're just waiting for them to do something to make a move...
3-28-2023 Intel Guru MarkZ [via PDK] Article: “PM Advisor: Iraq economy is strong and moving toward improvement” ...They are literally telling you what they are doing. Quotes: “He emphasized that the situation is gradually improving as long as there is freedom in transferring the process that is subject to compliance” “Noting that during the next few weeks or months the official exchange rate will match with the parallel” What they are telling us is that the rate in the next few weeks will be in parallel with their assets…or their great wealth. They are telling you it is happening. Don’t panic about the timing…they have to say that to keep the timing confused…it is part of the process.
3-28-2023 Newshound Guru Pimpy Article: "USD/IQD rate declines in Baghdad, Erbil" The U.S. dollar is continuing to gain ground on the Iraqi dinar. This is not good. This is out of whack...the Iraqi dinar is not gaining in value versus the U.S. dollar and it's going in the wrong direction...
3-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my [bank] friend and he says with the dollar gone from ATM machines very soon we will have to see value more. And the lower notes and the fils, without these it will lead to hyper-inflation. The point has been set. Looks like soon more greater news is coming. FRANK: That's exactly right. This last week of March may be very explosive as they give you the final definitions and instructions of the monetary reform. Next Monday is when I hope they will show you your new national currency with value and the coins...I'm excited about what they are now telling you and showing you.
3-28-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" Quote: "A member of the Oil, Gas and Natural Resources Committee, Kazem Al-Tooki, revealed that there are parliamentary efforts to pass the oil and gas law soon, indicating that all roads are clear towards passing the law." This article is music to me when I read it…Yes we waiting so long to see this. Finally!!! Go RV!
3-28-2023 Intel Guru MarkZ [via PDK] Question: So if Vietnam goes when Iraq goes alone…will it float as well? MarkZ Answer: I am hearing from many contacts throughout the day today…that the rate may be fixed and should not be a float.
3-27-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-27-2023 Newshound Guru Militia Man We are hearing things that are coming from Iraq that are about the exchange. We know Al-Sudani did a talk about the currency being strong and we had Al-Sustani talking about the currency and what you could do/what you can't do. That's really important because Al-Sustani is a very very very important figure in the nation of Iraq and the Middle East. The education has been ongoing and...they've had a little more communication with respect to the small category notes...
3-27-2023 Intel Guru Frank26 Question: "At exchange do they [the bank] file anything...?" They're not going file anything. You're on your own when you exchange your currency. It is your responsibility to report your capital gains...to pay your taxes. The banks are not going to tell Uncle Sam anything about you... [Community Comment] The bank automatically will report to the IRS any deposits of $10,000 or more. FRANK: that's true, any transaction worth over $10,000 ends up in our governments lap. [Note: Always consult your tax professionals to determine the proper taxes for your unique circumstances.]
3-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-27-2023 Intel Guru MarkZ [via PDK] ...we are being told from all of our sources that there is a “mad scramble” now to close any deal, tighten any loose ends …because the time scale has moved up and they are scrambling to get it out the door...It would not surprise me if it’s about to happen. It is very fluid and I hear it is moving very quickly. Expect a lot of back and forth news. Its close guys...We are watching it all play out like a “demolition derby”. I just need you to know where we are at right now and it’s a mad dash scramble to the finish line. I have not gotten this many emails, texts, calls and messages from this many people in a very long time. It certainly could be any moment.
3-27-2023 Newshound Guru Kaperoni Common dinar community comment - 'Kuwait RV'd thier dinar in 1992.' Not true. Keep in mind there's a significant difference between Kuwait and Iraq. Kuwait has billions of dinar in circulation, Iraq has trillions.
3-27-2023 Guru Nader From The Mid East I don't think it's gonna be 1 to 1. I think it's gonna go...between $3.28 and $3.50 directly. After this rate 1132 it's gonna be big thing to happen.
3-27-2023 Intel Guru Frank26 The world is pouring into Iraq because of the monetary reform that is exploding the economic reform. The only reason why the economic reform has been so successful is because they know very well what is happening with the budget of Iraq and they know how it is being funded and they know what's backing it...
3-27-2023 Intel Guru MarkZ [via PDK] It appears that Iraq has fired the shot heard around the financial world. They are preparing to go solo… It appears that many other countries want to go with them. Member Question: If the dinar and dong go separately…will they float? MarkZ Answer: Yes if they go alone we expect them to float. I still think there is a 90% chance they go all at once...We are now seeing a very clear end coming…that is super exciting to me.
3-27-2023 Newshound Guru Sandy Ingram Article: "Central bank sales exceed 800 million last week" Based on the Middle East News feeds it is important...The total sales of the Central Bank of Iraq through the window of selling hard currency to the dollar during the past week amounted to more than 800 million dollars. This news flash leads me to believe Iraq is becoming more and more like Panama each day, however Panama's currency is valued at 1 to 1 against the US dollar...Is Iraq hanging on to the US dollar so tightly because the foundation of their wealth is in US dollars? Meaning the oil revenue? ...this is a massive amount of exchange for the US dollar in one week.
3-27-2023 Newshound Guru Militia Man Everything we're seeing is phenomenal. They can't go back. They're gonna reprice at some point in time because they have to and I wouldn't be surprised if they are forced to talk about that very quickly...
3-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend from First Bank of Iraq has new global money transfers. He said this system just started. This screams international. FRANK: That's awesome! Yes it does!
3-27-2023 Intel Guru MarkZ [via PDK] Member comment: I hear Iraq’s ready. MarkZ Answer: Yes they are...I was told [the rate] between $1.61 and $1.68. We wont know for certain which one until we get there. They know it’s going to float to that $3+ range. ...I was told it was announced and they have let the world know that they are moving forward... And I was told they are going to go towards the end of Ramadan...[Ramadan ends April 20] I’ve been told...there is a hard push to get it out the doors in the next few days. The comforting part is we can now see the end.
3-27-2023 *** Dinar Guru News Update *** About 5 days ago various news outlets from Iraq suggested that the exchange rate of the Iraqi Dinar has experienced a significant increase to its highest value in several years, at 1132. Boots on the ground reports confirm the CBI and goverment offiicals made reference to this sudden change in value. However, it is important to note that despite these reports, the CBI has yet to officially change the rate of the Dinar, which currently stands at 1310. In the past, discrepancies of this nature typically clarified within 24 hours. However, as of now, no such clarity has been discovered. We enourage you to stay alert as we keep a close eye on this peculiar situation as we await the gurus insights and updates on what the heck is going on here. The latest guru posts will continue below...
3-27-2023 Newshound Guru Militia Man We are hearing things that are coming from Iraq that are about the exchange. We know Al-Sudani did a talk about the currency being strong and we had Al-Sustani talking about the currency and what you could do/what you can't do. That's really important because Al-Sustani is a very very very important figure in the nation of Iraq and the Middle East. The education has been ongoing and...they've had a little more communication with respect to the small category notes...
3-27-2023 Intel Guru Frank26 Question: "At exchange do they [the bank] file anything...?" They're not going file anything. You're on your own when you exchange your currency. It is your responsibility to report your capital gains...to pay your taxes. The banks are not going to tell Uncle Sam anything about you... [Community Comment] The bank automatically will report to the IRS any deposits of $10,000 or more. FRANK: that's true, any transaction worth over $10,000 ends up in our governments lap. [Note: Always consult your tax professionals to determine the proper taxes for your unique circumstances.]
3-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-27-2023 Intel Guru MarkZ [via PDK] ...we are being told from all of our sources that there is a “mad scramble” now to close any deal, tighten any loose ends …because the time scale has moved up and they are scrambling to get it out the door...It would not surprise me if it’s about to happen. It is very fluid and I hear it is moving very quickly. Expect a lot of back and forth news. Its close guys...We are watching it all play out like a “demolition derby”. I just need you to know where we are at right now and it’s a mad dash scramble to the finish line. I have not gotten this many emails, texts, calls and messages from this many people in a very long time. It certainly could be any moment.
3-27-2023 Newshound Guru Kaperoni Common dinar community comment - 'Kuwait RV'd thier dinar in 1992.' Not true. Keep in mind there's a significant difference between Kuwait and Iraq. Kuwait has billions of dinar in circulation, Iraq has trillions.
3-27-2023 Guru Nader From The Mid East I don't think it's gonna be 1 to 1. I think it's gonna go...between $3.28 and $3.50 directly. After this rate 1132 it's gonna be big thing to happen.
3-27-2023 Intel Guru Frank26 The world is pouring into Iraq because of the monetary reform that is exploding the economic reform. The only reason why the economic reform has been so successful is because they know very well what is happening with the budget of Iraq and they know how it is being funded and they know what's backing it...
3-27-2023 Intel Guru MarkZ [via PDK] It appears that Iraq has fired the shot heard around the financial world. They are preparing to go solo… It appears that many other countries want to go with them. Member Question: If the dinar and dong go separately…will they float? MarkZ Answer: Yes if they go alone we expect them to float. I still think there is a 90% chance they go all at once...We are now seeing a very clear end coming…that is super exciting to me.
3-27-2023 Newshound Guru Sandy Ingram Article: "Central bank sales exceed 800 million last week" Based on the Middle East News feeds it is important...The total sales of the Central Bank of Iraq through the window of selling hard currency to the dollar during the past week amounted to more than 800 million dollars. This news flash leads me to believe Iraq is becoming more and more like Panama each day, however Panama's currency is valued at 1 to 1 against the US dollar...Is Iraq hanging on to the US dollar so tightly because the foundation of their wealth is in US dollars? Meaning the oil revenue? ...this is a massive amount of exchange for the US dollar in one week.
3-27-2023 Newshound Guru Militia Man Everything we're seeing is phenomenal. They can't go back. They're gonna reprice at some point in time because they have to and I wouldn't be surprised if they are forced to talk about that very quickly...
3-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend from First Bank of Iraq has new global money transfers. He said this system just started. This screams international. FRANK: That's awesome! Yes it does!
3-27-2023 Intel Guru MarkZ [via PDK] Member comment: I hear Iraq’s ready. MarkZ Answer: Yes they are...I was told [the rate] between $1.61 and $1.68. We wont know for certain which one until we get there. They know it’s going to float to that $3+ range. ...I was told it was announced and they have let the world know that they are moving forward... And I was told they are going to go towards the end of Ramadan...[Ramadan ends April 20] I’ve been told...there is a hard push to get it out the doors in the next few days. The comforting part is we can now see the end.
3-27-2023 *** Dinar Guru News Update *** About 5 days ago various news outlets from Iraq suggested that the exchange rate of the Iraqi Dinar has experienced a significant increase to its highest value in several years, at 1132. Boots on the ground reports confirm the CBI and goverment offiicals made reference to this sudden change in value. However, it is important to note that despite these reports, the CBI has yet to officially change the rate of the Dinar, which currently stands at 1310. In the past, discrepancies of this nature typically clarified within 24 hours. However, as of now, no such clarity has been discovered. We enourage you to stay alert as we keep a close eye on this peculiar situation as we await the gurus insights and updates on what the heck is going on here. The latest guru posts will continue below...
3-26-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-26-2023 Guru Nader From The Mid East In our religion [Muslim] it's against our religion to make profits from Banks and everybody can tell you that and it's in the Quran. When you put your money in a bank and that money makes babies you give it back to the bank or you give it to poor people.
3-26-2023 Intel Guru Frank26 Question: "If we no longer have receipts or if we want to give some away do we need a receipt?" If you don't have a receipt that could be a problem for you. Not when you go to exchange but when you pay your taxes. You'll want to prove to the government you held your currency for at least 1 year in the sense of capital gains taxes. You see what Biden wants to do - charge everyone up to 39% for everyone make a certain amount of money. That's wicked...
3-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-26-2023 Newshound Guru Militia Man We're hearing there could very well be some repricing coming sometime in the next week or so or less. Repricing is important because it means they have a change coming. Let's see what happens in the next 24 and 28 hours.
3-26-2023 Newshound Guru Breitling Iraq's new strategy is...very simple. How do they expand their customer base? Right now they want to accept other currencies...it's very very good news.
3-26-2023 Newshound Guru Pimpy As we are all aware Ramadan has started. We're talking about 30 days of usually nothing really gets accomplished during this time. I'm not saying it won't but usually it doesn't.
3-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have economist, CBI and parliament finance all on Channel One all day...talking about the lower notes and the fils. They say they're bringing them back to give the citizens purchasing power.
3-26-2023 Guru Nader From The Mid East There will not be an RV without new currencies. If you see new currencies comes out (I'm not saying it's gonna come out soon. I'm not saying when.) I'm saying if you see the new currency come out, exactly twelve days after that...there will be a new rate. They will not release the small category notes with no strong exchange rate.
3-26-2023 Newshound Guru Sandy Ingram The exchange rate...has changed online, which is a big deal. [It's now showing 1310 to 1 USD] This means what the parliament voted on is now factual globally.
3-26-2023 Intel Guru Frank26 Every day they're telling them more and more...they made another exchange rate change. And as we predicted it, it would happen before it takes them to an international float... [NOTE: The official CBI rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-26-2023 Newshound Guru Militia Man [Boots on the ground report] Guest Guru PompeyPeter has a business relationship and friendship with people from some of the ministries over in Iraq and his brother, they own a business there that deals in banks...[Guest Guru] PompeyPeter got in contact with him again yesterday morning...they have a good conversation for about 10-15 minutes which is a pretty long call...at the end he says, 'Peter, get with me. Bring me something before the 31st of March.' We know what that means because he's expecting something just like we are. The man dealt with currency and he's a professional. He's a smart man/educated ...He's kind of brilliant in the way he acts and reacts to [Guest Guru] Peter because that's their culture...
3-26-2023 Newshound/Intel Guru Mnt Goat They have...fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq. They have changed the entire structure of the currency auctions with the new Electronic Platform. They have moved the rate from 1450 to 1320 and now to 1132... if you read the 5 years redevelopment plan issued 5 years ago, they are right on track.
3-26-2023 Guru Nader From The Mid East In our religion [Muslim] it's against our religion to make profits from Banks and everybody can tell you that and it's in the Quran. When you put your money in a bank and that money makes babies you give it back to the bank or you give it to poor people.
3-26-2023 Intel Guru Frank26 Question: "If we no longer have receipts or if we want to give some away do we need a receipt?" If you don't have a receipt that could be a problem for you. Not when you go to exchange but when you pay your taxes. You'll want to prove to the government you held your currency for at least 1 year in the sense of capital gains taxes. You see what Biden wants to do - charge everyone up to 39% for everyone make a certain amount of money. That's wicked...
3-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-26-2023 Newshound Guru Militia Man We're hearing there could very well be some repricing coming sometime in the next week or so or less. Repricing is important because it means they have a change coming. Let's see what happens in the next 24 and 28 hours.
3-26-2023 Newshound Guru Breitling Iraq's new strategy is...very simple. How do they expand their customer base? Right now they want to accept other currencies...it's very very good news.
3-26-2023 Newshound Guru Pimpy As we are all aware Ramadan has started. We're talking about 30 days of usually nothing really gets accomplished during this time. I'm not saying it won't but usually it doesn't.
3-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have economist, CBI and parliament finance all on Channel One all day...talking about the lower notes and the fils. They say they're bringing them back to give the citizens purchasing power.
3-26-2023 Guru Nader From The Mid East There will not be an RV without new currencies. If you see new currencies comes out (I'm not saying it's gonna come out soon. I'm not saying when.) I'm saying if you see the new currency come out, exactly twelve days after that...there will be a new rate. They will not release the small category notes with no strong exchange rate.
3-26-2023 Newshound Guru Sandy Ingram The exchange rate...has changed online, which is a big deal. [It's now showing 1310 to 1 USD] This means what the parliament voted on is now factual globally.
3-26-2023 Intel Guru Frank26 Every day they're telling them more and more...they made another exchange rate change. And as we predicted it, it would happen before it takes them to an international float... [NOTE: The official CBI rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-26-2023 Newshound Guru Militia Man [Boots on the ground report] Guest Guru PompeyPeter has a business relationship and friendship with people from some of the ministries over in Iraq and his brother, they own a business there that deals in banks...[Guest Guru] PompeyPeter got in contact with him again yesterday morning...they have a good conversation for about 10-15 minutes which is a pretty long call...at the end he says, 'Peter, get with me. Bring me something before the 31st of March.' We know what that means because he's expecting something just like we are. The man dealt with currency and he's a professional. He's a smart man/educated ...He's kind of brilliant in the way he acts and reacts to [Guest Guru] Peter because that's their culture...
3-26-2023 Newshound/Intel Guru Mnt Goat They have...fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq. They have changed the entire structure of the currency auctions with the new Electronic Platform. They have moved the rate from 1450 to 1320 and now to 1132... if you read the 5 years redevelopment plan issued 5 years ago, they are right on track.
3-25-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-25-2023 Intel Guru Frank26 Question "Should we exchange one smaller 3-zero note first or our 50,000 dinar note first?" It depends on how many dinars you have. If you have a lot you have a lot of options...it depends on what you have so I can't really answer that because we don't know what the variable are. [NOTE: Consult your financial advisor at the appropriate time to create an exchange plan suitable to your unique circumstances.]
3-25-2023 Newshound/Intel Guru Mnt Goat Are they conducting the project to delete the zeros to coincide with the reinstatement? They moved to taking the dollars out of the ATMs and they will only now dispense dinars. Rumors tells us they already recalibrated for the newer lower denominations and loaded them but I have to [no?] real proof of this occurring yet.
3-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-25-2023 Guru Nader From The Mid East It's good if something happened in the month of Ramadan. Why? Because it will give you more time to change your money instead of give you one week, two weeks, 30 days. They will give you more than that. Why? Because they know in Ramadan the Muslims they're not going to bing their money to the bank. They're not going to make any profit from that money. They know if they make a profit of that money they're going to give it away...
3-25-2023 Intel Guru Frank26 You see an article that says there's 70 trillion dinars out there. No. The article is wrong. It's translated wrong. They collected over 70 trillion 3-zero notes. That's what caused all the confusion.
3-25-2023 Newshound Guru Militia Man The next stage of the game is the final stage. That's my view. When they reveal, 'the direction and the plans of the central bank for the next stage to advancing the banking sector.' What are they trying to do? They're trying to get deposits. They want to lend money. They've got to a bottleneck IMV that suggests that they've got to a stage when...they need to lend money. Banks have a liquidity issue. They have to get deposits so they can lend. They need to get that money that's out there not-circulating, circulating.
3-25-2023 Newshound Guru Pimpy It [the Iraqi dinar rate] used to be 1190 dinars for every 1 dollar. Obviously 1132 is lower than that. So we have now passed where we were at the start of all this...The market rate is 1155 or 1158 over the 1132? That margin is much smaller than where it was before. That's maintainable.
3-25-2023 Newshound Guru Samson Article: ”Abdullah congratulates the advent of Ramadan and confirms that the House of Representatives will continue to perform its tasks and work".
3-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the Central bank director of currency window and the CBI is on Channel One News...they're saying the CBI is training licensed banks on the electronic platform. It's a big deal. It's been going on all morning... FRANK: The CBI is educating you and training all the banks and their employees not only for internal use but right now they are preparing them for the float also. To be honest with you education is done it is the float they are teaching them...
3-25-2023 Intel Guru Bruce [via WiserNow] ...the Iraqi citizens have been exchanging in country at a decent rate just under seven and that’s an in country rate for dinar they've been getting...we're talking about the three zero notes, which would be 25k 10K 5k 1k notes...They take those notes in and get an exchange rate...times the number of dinar put into new Iraqi dinar, which is lower denominations...They're even flying certain Iraqi American citizens over to do exchanges back in Iraq at Rafidain bank...I think that will help them to clean up all of the three zero notes that might still be in Iraq... [NOTE: As of now the other gurus are not reporting lower denomination sightings or exchanges. We have not gotten guru concensus on this so stay tuned as this unfolds.]
3-25-2023 Intel Guru MarkZ [via PDK] Member Question: Have you any news about Vietnam Dong? Are they still looking like same time as Iraq? MarkZ Answer: ...I know the news articles make it look like Iraq is going alone…but banking sources still say they are all going together still.
3-25-2023 Intel Guru Frank26 Question "Should we exchange one smaller 3-zero note first or our 50,000 dinar note first?" It depends on how many dinars you have. If you have a lot you have a lot of options...it depends on what you have so I can't really answer that because we don't know what the variable are. [NOTE: Consult your financial advisor at the appropriate time to create an exchange plan suitable to your unique circumstances.]
3-25-2023 Newshound/Intel Guru Mnt Goat Are they conducting the project to delete the zeros to coincide with the reinstatement? They moved to taking the dollars out of the ATMs and they will only now dispense dinars. Rumors tells us they already recalibrated for the newer lower denominations and loaded them but I have to [no?] real proof of this occurring yet.
3-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-25-2023 Guru Nader From The Mid East It's good if something happened in the month of Ramadan. Why? Because it will give you more time to change your money instead of give you one week, two weeks, 30 days. They will give you more than that. Why? Because they know in Ramadan the Muslims they're not going to bing their money to the bank. They're not going to make any profit from that money. They know if they make a profit of that money they're going to give it away...
3-25-2023 Intel Guru Frank26 You see an article that says there's 70 trillion dinars out there. No. The article is wrong. It's translated wrong. They collected over 70 trillion 3-zero notes. That's what caused all the confusion.
3-25-2023 Newshound Guru Militia Man The next stage of the game is the final stage. That's my view. When they reveal, 'the direction and the plans of the central bank for the next stage to advancing the banking sector.' What are they trying to do? They're trying to get deposits. They want to lend money. They've got to a bottleneck IMV that suggests that they've got to a stage when...they need to lend money. Banks have a liquidity issue. They have to get deposits so they can lend. They need to get that money that's out there not-circulating, circulating.
3-25-2023 Newshound Guru Pimpy It [the Iraqi dinar rate] used to be 1190 dinars for every 1 dollar. Obviously 1132 is lower than that. So we have now passed where we were at the start of all this...The market rate is 1155 or 1158 over the 1132? That margin is much smaller than where it was before. That's maintainable.
3-25-2023 Newshound Guru Samson Article: ”Abdullah congratulates the advent of Ramadan and confirms that the House of Representatives will continue to perform its tasks and work".
3-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the Central bank director of currency window and the CBI is on Channel One News...they're saying the CBI is training licensed banks on the electronic platform. It's a big deal. It's been going on all morning... FRANK: The CBI is educating you and training all the banks and their employees not only for internal use but right now they are preparing them for the float also. To be honest with you education is done it is the float they are teaching them...
3-25-2023 Intel Guru Bruce [via WiserNow] ...the Iraqi citizens have been exchanging in country at a decent rate just under seven and that’s an in country rate for dinar they've been getting...we're talking about the three zero notes, which would be 25k 10K 5k 1k notes...They take those notes in and get an exchange rate...times the number of dinar put into new Iraqi dinar, which is lower denominations...They're even flying certain Iraqi American citizens over to do exchanges back in Iraq at Rafidain bank...I think that will help them to clean up all of the three zero notes that might still be in Iraq... [NOTE: As of now the other gurus are not reporting lower denomination sightings or exchanges. We have not gotten guru concensus on this so stay tuned as this unfolds.]
3-25-2023 Intel Guru MarkZ [via PDK] Member Question: Have you any news about Vietnam Dong? Are they still looking like same time as Iraq? MarkZ Answer: ...I know the news articles make it look like Iraq is going alone…but banking sources still say they are all going together still.
3-24-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-24-2023 Guru Nader From The Mid East Whatever the CBI is gonna do ... the CBI make a decision everybody's gonna have to agree with it because this is a trust team...so whatever the CBI is going to decide everybody else is going to decide it's going to be happy. They're gonna have to sign off on it and that's it...
3-24-2023 Newshound/Intel Guru Mnt Goat Is the IQD going to be reinstated on FOREX...? We now see that they told us recently this is where they are heading very shortly...
3-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-24-2023 Newshound Guru Militia Man The triple zeros on our currency we have today...we believe...that's gonna change...one of the reason why I believe it's going to change is because Iraq is openly talking about coins. They're talking about smaller denominations. Those are the types of things that made me go, 'hmmmm, why did that happen?'
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate in the budget is going to exchangeable. They said it's going to start off at 1300 to 1 or whatever. It has room to play and change... FRANK: This is the RV phase...that's why there are multiple exchangeable rates for your budget but they're mainly for the float...This is massively huge for you to understand...It is not only exchangeable in the budget it will be exchangeable for you to be able to exchange the 3-zero notes to the new national currency they are bragging about.
3-24-2023 Newshound Guru Clare Article: "An economic institution indicates a rise in the inflation rate, which is the "highest" in Iraq in years" Quote: "The Future Iraq Foundation for Economic Studies and Consultations announced, on Friday, that the annual inflation rate for January 2023 has increased, reaching more than 8.2%, which is the highest rise in Iraq in years."
3-24-2023 Intel Guru Bruce [via WiserNow] ...here's one that came from the Vice President of HSBC - just last night – he indicated that we would be looking at our exchanges within the next three days...Thursday, Friday, Saturday. That's pretty specific. I think we could all live with that...I think we're supposed to keep an eye according to HSBC...the next...few days, Friday and Saturday...So I'm excited about that...we'll see what manifests in the next day or so.
3-24-2023 Guru Nader From The Mid East The smaller notes in the ATM machines...is not true. The ATMs are not allowed it with the small categories ...for sure I know...They can't put small category in the streets and I know because I asked somebody very close to me to get some money...from the ATMs in Baghdad and there's still the same categories notes. This happened yesterday.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have heard much from the CBI governor...he's talking about having consistent pricing inside of Iraq...the only way of doing this is through having a strong currency...he is telling us how we are getting away from a dual currency and only deal in the Iraqi dinar in our nation for now on...the dinar will be strong and the reconstruction revolution is coming...All day the television Channel One has been educating us... FRANK: Monetary reform education! That's what you're getting buddy. And it's going to get louder.
3-24-2023 Newshound Guru Pimpy I've been out of the loop for 3 days but I went back and I did not see any article that I could find that said the official rate for the Iraqi dinar moved from 1300 dinars to 1132 dinars. I think this is a typo. I might be wrong...1132...would be phenomenal...If this is truly the new exchange rate, 1132, that's a huge jump in the value of the Iraqi dinar... The lower this number becomes...the better it is for us who have invested in the Iraqi dinar. [Post 2 of 2]
3-24-2023 Newshound Guru Pimpy What is the real exchange rate? ...the official rate is...1300...There's a discrepancy between the official rate and the market rate. When you read this article there's confusion and I can understand why. Article: "Ali Al-Alaq for Shafaq news: Wait for a decline at the parallel dollar exchange rate." Quote: "the parallel rate means the exchange are of the dollar in the market and not the official price set at 1132 dinars for every dollar." [Post 1 of 2....stay tuned]
3-24-2023 Intel Guru MarkZ [via PDK] Member Question: Is this our weekend Mark? MarkZ Answer: It could well be…IMO its getting exciting. I am hearing amazing things from banking contacts...Those who have been silent until now are suddenly giddy and excited. Redemption centers are geared up for this weekend…they are on a short “on call” status. They have to be able to at work within an hour of being called. Everyone is hoping this is going to be it...we don’t know the exact timing.
3-24-2023 Newshound Guru Militia Man What you and I and everybody else are waiting for is for the private sector. You're not going to get into the private sector without having an international acceptable exchange rate. They didn't do it at 1360 or 1166, 1192, 1460, 1310. What are they going to do when they change it to 1132? Really are they going to an international compliant currency at 1132? ...They're not going to go to the International market and be article VIII compliant at 1132.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News just did an interview with the Finance Minister he's saying soon the dinar will be parallel with other middle eastern currencies in the region. FRANK: Are you kidding me? That's absolutely fantastic! That's insane for him to say that. In other words he's telling you that when they reach the REER of the float the dinar will be parallel with other middle eastern exchange rates...everyday they are telling you more and more. It's getting ridiculous with the excitement of the monetary reform! You are inches away from receiving your new small category notes and new exchange rate...
3-24-2023 Newshound/Intel Guru Mnt Goat Article: "THE RECONSTRUCTION OF IRAQ WITHIN A CLEARLY DEFINED VISION AND A DRAWN ROAD MAP BASED ON SEVERAL STAGES." ...the key phrase here is “several stages”...This reinstatement could not just pop out one day...But now we are in the stage of progress to get the dinar reinstated and then there are many more stages to work on the Iraqi economy. Folks they are following the plan as outlined in the “White Paper”. There is no secrets to what they are doing.
3-24-2023 Intel Guru yada ...Cant be stressed enough that the budget needs the rate, not the rate needs the budget. The budget is going through the motions and once the rate is released, it will sort itself out.
3-24-2023 Guru Nader From The Mid East Whatever the CBI is gonna do ... the CBI make a decision everybody's gonna have to agree with it because this is a trust team...so whatever the CBI is going to decide everybody else is going to decide it's going to be happy. They're gonna have to sign off on it and that's it...
3-24-2023 Newshound/Intel Guru Mnt Goat Is the IQD going to be reinstated on FOREX...? We now see that they told us recently this is where they are heading very shortly...
3-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-24-2023 Newshound Guru Militia Man The triple zeros on our currency we have today...we believe...that's gonna change...one of the reason why I believe it's going to change is because Iraq is openly talking about coins. They're talking about smaller denominations. Those are the types of things that made me go, 'hmmmm, why did that happen?'
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate in the budget is going to exchangeable. They said it's going to start off at 1300 to 1 or whatever. It has room to play and change... FRANK: This is the RV phase...that's why there are multiple exchangeable rates for your budget but they're mainly for the float...This is massively huge for you to understand...It is not only exchangeable in the budget it will be exchangeable for you to be able to exchange the 3-zero notes to the new national currency they are bragging about.
3-24-2023 Newshound Guru Clare Article: "An economic institution indicates a rise in the inflation rate, which is the "highest" in Iraq in years" Quote: "The Future Iraq Foundation for Economic Studies and Consultations announced, on Friday, that the annual inflation rate for January 2023 has increased, reaching more than 8.2%, which is the highest rise in Iraq in years."
3-24-2023 Intel Guru Bruce [via WiserNow] ...here's one that came from the Vice President of HSBC - just last night – he indicated that we would be looking at our exchanges within the next three days...Thursday, Friday, Saturday. That's pretty specific. I think we could all live with that...I think we're supposed to keep an eye according to HSBC...the next...few days, Friday and Saturday...So I'm excited about that...we'll see what manifests in the next day or so.
3-24-2023 Guru Nader From The Mid East The smaller notes in the ATM machines...is not true. The ATMs are not allowed it with the small categories ...for sure I know...They can't put small category in the streets and I know because I asked somebody very close to me to get some money...from the ATMs in Baghdad and there's still the same categories notes. This happened yesterday.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have heard much from the CBI governor...he's talking about having consistent pricing inside of Iraq...the only way of doing this is through having a strong currency...he is telling us how we are getting away from a dual currency and only deal in the Iraqi dinar in our nation for now on...the dinar will be strong and the reconstruction revolution is coming...All day the television Channel One has been educating us... FRANK: Monetary reform education! That's what you're getting buddy. And it's going to get louder.
3-24-2023 Newshound Guru Pimpy I've been out of the loop for 3 days but I went back and I did not see any article that I could find that said the official rate for the Iraqi dinar moved from 1300 dinars to 1132 dinars. I think this is a typo. I might be wrong...1132...would be phenomenal...If this is truly the new exchange rate, 1132, that's a huge jump in the value of the Iraqi dinar... The lower this number becomes...the better it is for us who have invested in the Iraqi dinar. [Post 2 of 2]
3-24-2023 Newshound Guru Pimpy What is the real exchange rate? ...the official rate is...1300...There's a discrepancy between the official rate and the market rate. When you read this article there's confusion and I can understand why. Article: "Ali Al-Alaq for Shafaq news: Wait for a decline at the parallel dollar exchange rate." Quote: "the parallel rate means the exchange are of the dollar in the market and not the official price set at 1132 dinars for every dollar." [Post 1 of 2....stay tuned]
3-24-2023 Intel Guru MarkZ [via PDK] Member Question: Is this our weekend Mark? MarkZ Answer: It could well be…IMO its getting exciting. I am hearing amazing things from banking contacts...Those who have been silent until now are suddenly giddy and excited. Redemption centers are geared up for this weekend…they are on a short “on call” status. They have to be able to at work within an hour of being called. Everyone is hoping this is going to be it...we don’t know the exact timing.
3-24-2023 Newshound Guru Militia Man What you and I and everybody else are waiting for is for the private sector. You're not going to get into the private sector without having an international acceptable exchange rate. They didn't do it at 1360 or 1166, 1192, 1460, 1310. What are they going to do when they change it to 1132? Really are they going to an international compliant currency at 1132? ...They're not going to go to the International market and be article VIII compliant at 1132.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News just did an interview with the Finance Minister he's saying soon the dinar will be parallel with other middle eastern currencies in the region. FRANK: Are you kidding me? That's absolutely fantastic! That's insane for him to say that. In other words he's telling you that when they reach the REER of the float the dinar will be parallel with other middle eastern exchange rates...everyday they are telling you more and more. It's getting ridiculous with the excitement of the monetary reform! You are inches away from receiving your new small category notes and new exchange rate...
3-24-2023 Newshound/Intel Guru Mnt Goat Article: "THE RECONSTRUCTION OF IRAQ WITHIN A CLEARLY DEFINED VISION AND A DRAWN ROAD MAP BASED ON SEVERAL STAGES." ...the key phrase here is “several stages”...This reinstatement could not just pop out one day...But now we are in the stage of progress to get the dinar reinstated and then there are many more stages to work on the Iraqi economy. Folks they are following the plan as outlined in the “White Paper”. There is no secrets to what they are doing.
3-24-2023 Intel Guru yada ...Cant be stressed enough that the budget needs the rate, not the rate needs the budget. The budget is going through the motions and once the rate is released, it will sort itself out.
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3-23-2023 Guru Nader From The Mid East In our religion [Muslim] ...if I make a profit in the bank I have to give it up as a citizen. I'm not talking about companies...If I put my money in a bank and I make profit the whole month of Ramadan I have to give it up to poor people...bank...mosque. I have to give it up. That's why people will not go and change their money this month and bring it if they change the rate. Nobody's gonna move...this is a religion thing...
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see infomercials...one after the other on our television and they're talking about reintroducing fils/coins to us. Then they told us we will also be receiving lower notes and we're adding value to these lower notes and then they said the coins/fils will give us more purchasing power and when we buy things in the market we will not lose money no more do to having coins and lower notes with value. FRANK: Whoa!! ...you are right on the edge from receiving what they are bragging about to you. A new exchange rate that will match a new lower denomination along with coins to match them...this is absolutely stupendous...congratulations you are so close.
3-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-23-2023 Newshound Guru Sandy Ingram In 2021 OPEC member countries accounted for more than 80% of the world's proven oil reserves... proven reserves are when certified engineers have surveyed the land and reported on the profitability of the oil based on they analyzed reports...Iraq is #4 on the [OPEC proven crude oil reserves] list...Iraq has lots, lots more oil hidden under the earth. Iraq is literally floating on oil according to geologist reports...It is our hope that the oil industry will allow Iraq to revalue its currency at a higher rate against the US dollar.
3-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The monetary reform of the Iraqi dinar is asset backed. Some of you need that information in your calculations. Some of you need it in the float. Understand the monetary reform will be asset backed. And here's the key, it's not only tapped but untapped resources. Developed or not developed...the mineral industry from around the world is salivating to get started in Iraq...
3-23-2023 Intel Guru yada Doubt very much waiting on Ramadan is going to delay this, it a matter of the next quarter starting on the 1st and this machine is already in stride. Increasing the dinar's value will also give the other countries added value to their currencies just by having the dinar in their coffers. Its a done deal and expecting it any moment now.
3-23-2023 Newshound Guru Militia Man At this stage of the game we can't deny something's up and these guys are talking because Alaq is talking. Al-Sudani said hold your dinar, it's going to be worth more. He didn't say worth more than the dollar, he just said it's going to be worth more. All of these things are coming into play...I think their plan is brilliant at this stage of the game...I really do believe what the central bank is doing what we expect them to do and they're going to keep pounding the pavement moving forward. It's going to be good.
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI talking about 1132... FRANK: Do you recall when it was 1700 to 1... I told you look they just moved it's now 1300 to 1. I said our goal is for it to reach 1000 to 1 but {Firefly's} bank friend says he thinks it's going to hit 1190 then 1000 to 1 therefore to you we said IMO there will be one more exchange rate movement before it floats at 1 to 1. Remember that? FIREFLY: They're trying with new measures to get the parallel dollar rate in the market to mirror the official exchange rate. The street rate is still 1500 but they're trying to get it to be 1132. FRANK: 1132 is excellent! It keeps going in the right direction...The fact that it comes from the CBI it's crucial... Now I believe we will see 1000 to 1 as the next movement.
3-23-2023 Intel Guru MarkZ [via PDK] there is a lot of chatter that things may be starting over this evening. We shall see. We know we are close...the news out of Iraq continues to be fantastic. They are openly talking about their currency having parity with other countries in the region. I hear from all my sources that the RV is still in play and it doesn’t matter if its Ramadan.
3-23-2023 Guru Nader From The Mid East In the mosque in our Muslim religion they will...never mention money and tell you what to do with your money or not...They give you information that informs you, 'Okay the government send us letters next week or next month we're gonna change our money or our rate or something' and that's it. They will stop there...they will not go like, 'yeah we're gonna have the 50's and this is how they look.' They'll not educate you on that. They will inform you...The only people who can educate you on that is the CBI or...banks. This is how it is. This is how it works. Now he asked me if in mosque they informed about it? Yes, exactly they informed us about this. They never say when and what, why and when. They didn't say bigger or smaller. They said they're gonna change. [Post 2 of 2]
3-23-2023 Guru Nader From The Mid East I have a...very educated, very smart friend who lives in California. He knows a couple of things. He gives me a lot of information....some things I cannot tell them...I just hang up the phone with him and he was yelling at me because...He said, did the mosque talked about smaller currency? I didn't want to answer because [if] I say things, I don't want to look like an ass$%$# if it's not true or if it doesn't happen...So, yes, I told him, yes, they talked about it. He said, they trying to educate you about that? [Post 1 of 2....stay tuned]
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about that 1134 all morning and all afternoon. They keep repeating it over and over again. They want the citizens to understand their exchange rate is moving and changing.
3-23-2023 Newshound/Intel Guru Mnt Goat ... I would be VERY SURPRISED if we got to June 1st and still did not see the reinstatement of the IQD on FOREX and have it trading. Personally I can even see April as a target… if we had not been to the bank...by then...I would be surprised. This event is moving that fast.
3-23-2023 Intel Guru MarkZ [via PDK] There is a lot of concern that this will not happen during Ramadan...Could they be waiting until after Ramadan? It’s possible. But I am hearing it will be sooner than that and during Ramadan ...I do not think we will be waiting another 30 days... We will know very soon.
3-23-2023 Guru Nader From The Mid East In our religion [Muslim] ...if I make a profit in the bank I have to give it up as a citizen. I'm not talking about companies...If I put my money in a bank and I make profit the whole month of Ramadan I have to give it up to poor people...bank...mosque. I have to give it up. That's why people will not go and change their money this month and bring it if they change the rate. Nobody's gonna move...this is a religion thing...
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see infomercials...one after the other on our television and they're talking about reintroducing fils/coins to us. Then they told us we will also be receiving lower notes and we're adding value to these lower notes and then they said the coins/fils will give us more purchasing power and when we buy things in the market we will not lose money no more do to having coins and lower notes with value. FRANK: Whoa!! ...you are right on the edge from receiving what they are bragging about to you. A new exchange rate that will match a new lower denomination along with coins to match them...this is absolutely stupendous...congratulations you are so close.
3-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-23-2023 Newshound Guru Sandy Ingram In 2021 OPEC member countries accounted for more than 80% of the world's proven oil reserves... proven reserves are when certified engineers have surveyed the land and reported on the profitability of the oil based on they analyzed reports...Iraq is #4 on the [OPEC proven crude oil reserves] list...Iraq has lots, lots more oil hidden under the earth. Iraq is literally floating on oil according to geologist reports...It is our hope that the oil industry will allow Iraq to revalue its currency at a higher rate against the US dollar.
3-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The monetary reform of the Iraqi dinar is asset backed. Some of you need that information in your calculations. Some of you need it in the float. Understand the monetary reform will be asset backed. And here's the key, it's not only tapped but untapped resources. Developed or not developed...the mineral industry from around the world is salivating to get started in Iraq...
3-23-2023 Intel Guru yada Doubt very much waiting on Ramadan is going to delay this, it a matter of the next quarter starting on the 1st and this machine is already in stride. Increasing the dinar's value will also give the other countries added value to their currencies just by having the dinar in their coffers. Its a done deal and expecting it any moment now.
3-23-2023 Newshound Guru Militia Man At this stage of the game we can't deny something's up and these guys are talking because Alaq is talking. Al-Sudani said hold your dinar, it's going to be worth more. He didn't say worth more than the dollar, he just said it's going to be worth more. All of these things are coming into play...I think their plan is brilliant at this stage of the game...I really do believe what the central bank is doing what we expect them to do and they're going to keep pounding the pavement moving forward. It's going to be good.
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI talking about 1132... FRANK: Do you recall when it was 1700 to 1... I told you look they just moved it's now 1300 to 1. I said our goal is for it to reach 1000 to 1 but {Firefly's} bank friend says he thinks it's going to hit 1190 then 1000 to 1 therefore to you we said IMO there will be one more exchange rate movement before it floats at 1 to 1. Remember that? FIREFLY: They're trying with new measures to get the parallel dollar rate in the market to mirror the official exchange rate. The street rate is still 1500 but they're trying to get it to be 1132. FRANK: 1132 is excellent! It keeps going in the right direction...The fact that it comes from the CBI it's crucial... Now I believe we will see 1000 to 1 as the next movement.
3-23-2023 Intel Guru MarkZ [via PDK] there is a lot of chatter that things may be starting over this evening. We shall see. We know we are close...the news out of Iraq continues to be fantastic. They are openly talking about their currency having parity with other countries in the region. I hear from all my sources that the RV is still in play and it doesn’t matter if its Ramadan.
3-23-2023 Guru Nader From The Mid East In the mosque in our Muslim religion they will...never mention money and tell you what to do with your money or not...They give you information that informs you, 'Okay the government send us letters next week or next month we're gonna change our money or our rate or something' and that's it. They will stop there...they will not go like, 'yeah we're gonna have the 50's and this is how they look.' They'll not educate you on that. They will inform you...The only people who can educate you on that is the CBI or...banks. This is how it is. This is how it works. Now he asked me if in mosque they informed about it? Yes, exactly they informed us about this. They never say when and what, why and when. They didn't say bigger or smaller. They said they're gonna change. [Post 2 of 2]
3-23-2023 Guru Nader From The Mid East I have a...very educated, very smart friend who lives in California. He knows a couple of things. He gives me a lot of information....some things I cannot tell them...I just hang up the phone with him and he was yelling at me because...He said, did the mosque talked about smaller currency? I didn't want to answer because [if] I say things, I don't want to look like an ass$%$# if it's not true or if it doesn't happen...So, yes, I told him, yes, they talked about it. He said, they trying to educate you about that? [Post 1 of 2....stay tuned]
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about that 1134 all morning and all afternoon. They keep repeating it over and over again. They want the citizens to understand their exchange rate is moving and changing.
3-23-2023 Newshound/Intel Guru Mnt Goat ... I would be VERY SURPRISED if we got to June 1st and still did not see the reinstatement of the IQD on FOREX and have it trading. Personally I can even see April as a target… if we had not been to the bank...by then...I would be surprised. This event is moving that fast.
3-23-2023 Intel Guru MarkZ [via PDK] There is a lot of concern that this will not happen during Ramadan...Could they be waiting until after Ramadan? It’s possible. But I am hearing it will be sooner than that and during Ramadan ...I do not think we will be waiting another 30 days... We will know very soon.
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3-22-2023 Guru Nader From The Mid East The 70 trillion dinars...they're still in the streets...Guru Pimpy remember when you used to say 130 trillion, 150 trillion now it's only 70 trillion left...In America it was 30 trillion dinars or something like that. In America only...they're gonna have to come out with a very good rate for you guys to return your money to the banks. You're not gonna give it for a thousand. You're not gonna give it for 800...500. If I was you I would not give it for 1 to 1 or 2 to 1. I'll wait, wait, wait, wait, wait, wait till you reach the maximum.
3-22-2023 Intel Guru Frank26 It was about two months ago the prime minister of Iraq, Sudani, comes on television and tells the Iraqi citizens...I would like to tell you I need you to hold onto your dinars...Less than a week later Sudani comes out on television...he adds...I'd like you to hold onto your dinars because soon it will have value...About a month ago Sudani comes on Iraqi television Channel One and tells Iraqi citizens I would like to tell you to hold onto your dinars...because soon they will have value...and you'll be exchanging your 3-zero notes. What?! ...last week Sudani adds again...you'll be able to change them for your new national currency. What!?! Last night the song got sweeter...
3-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-22-2023 Newshound Guru Militia Man Alaq...when he's saying he's got 70 trillion dinar outstanding, he's not necessarily saying he's got 70 trillion physical because they don't have that. They didn't print 70 trillion in cash and coins...you have to be careful with the M1 and M2 description... value is the key point...
3-22-2023 Intel Guru MarkZ [via PDK] ...The dinar has been so broken for so long that many of the day to day transactions are done with the US dollars or other currencies. They are doing what is necessary to de-dollarize and get more dinar in the hands of the people. They are telling the people their currency will soon be on par with other nations in the region. These other countries have the most valuable currencies in the world. Some over the $2 range. This tells us what their target is. We are getting close to the end and I really hope you guys can hang on.
3-22-2023 Intel Guru Bruce [via WiserNow] Iraq is done. There's nothing else they have to do...They've already started doing their exchanges in country. They've already got their international rate where they can trade Iraqi dinar and I think I think it's a big thing and it's really happening - so that's really good. ...the ISO 200 2022 When that kicked in, that really brought everything together...a very top source in the treasury told us...our toll free numbers, tier 4A...everything gets released - He said Wednesday or Thursday at the latest...Now that's as close as we can get – believe me - as high up as we can get to what's happening for us...So what that tells me is we are right there...
3-22-2023 Newshound Guru Pimpy Any other news being reported if it doesn't come from the central bank is just B.S.
3-22-2023 Guru Nader From The Mid East This new rate [1132] has been approved by everybody besides parliament. Parliament have to approve it now and that's it.
3-22-2023 Newshound Guru Sandy Ingram The real reason for the IQD RV delay...Iraq is expanding its tourism industry. If they can maintain safety for global travelers both Christians and Muslims from around the world have Iraq on their 'bucket list' of places to visit. Why? Because Iraq is important to both religions...This will lead to a massive number of US dollars and other global currencies. The IQD to the US dollar is 1300 dinar to 1 US dollar...US expats receive income in US dollars and we spend in the currency of the country we are in. We live well on less...Now ask yourself, 'Would you be quick to increase the value of your currency if you were Iraq?'
3-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told the citizens hold on to dinar. Value is coming and we could exchange out 3-zero notes for the national currency... FRANK: There it is...these were the next words we told you they would introduce to you, your "national currency"!
3-22-2023 Newshound Guru Militia Man Triple zeros don't need coins. They don't need small denominations but yet they spent $50 million on it in 2018. Don't be alarmed to see them make an adjustment again for the currency to help the citizens out one more time. It's very possible we could see that happen. Let's just say they moved it back to 1100 or 1000 in a short period of time they would only do that to help the citizens. If they don't and we see something different, in a bigger way, I think you'll get the picture...
3-22-2023 Newshound Guru Clare Article: "Al-Alaq: 70 trillion dinars outside the banking system, and our next focus is on small projects" Quote: "there are more than 70 trillion dinars outside the banking system for circulation, and this is a very large amount and represents a high percentage of the gross domestic product, so it is necessary to focus in the next stage on finding the necessary means to activate the deposit movement through several procedures in this regard."
3-22-2023 Intel Guru MarkZ [via PDK] We did get some very positive news overnight…Awesome chatter and really great news. Something we were waiting for has occurred. They changed the official exchange rate to 1,132 dinar per US dollar...This was designed to get people to de-dollarize and citizens to hold onto their dinars...So when the RV they will get the economic benefits...Of course we all want a much bigger one, but this...is the last step before we see the lower denominations and a massive rate change. ...We also saw them reactivate coins…This is big...I think this is exciting. [NOTE: The CBI official rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-22-2023 Guru Nader From The Mid East Tomorrow it's Ramadan... What's happening between now and after Ramadan it's big. Everybody's gonna be happy with it. The rate is gonna be 1132 for sure. It's gonna go down this month maybe...
3-22-2023 Intel Guru Frank26 Article: "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" [Boots on the ground Firefly] ... SAYS ON TV, CBI IS TALKING ABOUT 1132 AS RATE & TRYING WITH NEW MEASURES TO GET THE PARALLEL DOLLAR RATE IN THE STREET MARKETS TO MIRROR THE OFFICIAL RATE.
3-22-2023 Newshound/Intel Guru Mnt Goat If this was not all amazing news out pops an article about the coins and I quote – “issuing coins in order to restore the value of the small currency, which has become worthless in daily transaction”...for Iraq to now be talking about bringing back the coins is yet another sign they must first change the rate to give the coins real value...we know these coins are available and ready for distribution. [post 2 of 2]
3-22-2023 Newshound/Intel Guru Mnt Goat From my contact at the CBI: In the Mosque last Friday, they talked about the dinar once again. They told the people the dinar will “soon” be on the level of the other middle eastern currencies. So this explains to us why they published in Iraq that list of the top ten powerful currencies and it list the top 4 as middle eastern currencies ...Then to make our news even better, they said...that the “newer notes of lower numbers” meaning the new lower denominations would be out in public to support a new rate change. Folks they are preparing the public to what is about to come. [post 1 of 2....stay tuned]
3-22-2023 Newshound/Intel Guru RVAlready This now seems fairly straightforward - finish re-educating on the new currency in Iraq, and release the RV. Feels like we are about done.
3-22-2023 Guru Nader From The Mid East The 70 trillion dinars...they're still in the streets...Guru Pimpy remember when you used to say 130 trillion, 150 trillion now it's only 70 trillion left...In America it was 30 trillion dinars or something like that. In America only...they're gonna have to come out with a very good rate for you guys to return your money to the banks. You're not gonna give it for a thousand. You're not gonna give it for 800...500. If I was you I would not give it for 1 to 1 or 2 to 1. I'll wait, wait, wait, wait, wait, wait till you reach the maximum.
3-22-2023 Intel Guru Frank26 It was about two months ago the prime minister of Iraq, Sudani, comes on television and tells the Iraqi citizens...I would like to tell you I need you to hold onto your dinars...Less than a week later Sudani comes out on television...he adds...I'd like you to hold onto your dinars because soon it will have value...About a month ago Sudani comes on Iraqi television Channel One and tells Iraqi citizens I would like to tell you to hold onto your dinars...because soon they will have value...and you'll be exchanging your 3-zero notes. What?! ...last week Sudani adds again...you'll be able to change them for your new national currency. What!?! Last night the song got sweeter...
3-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-22-2023 Newshound Guru Militia Man Alaq...when he's saying he's got 70 trillion dinar outstanding, he's not necessarily saying he's got 70 trillion physical because they don't have that. They didn't print 70 trillion in cash and coins...you have to be careful with the M1 and M2 description... value is the key point...
3-22-2023 Intel Guru MarkZ [via PDK] ...The dinar has been so broken for so long that many of the day to day transactions are done with the US dollars or other currencies. They are doing what is necessary to de-dollarize and get more dinar in the hands of the people. They are telling the people their currency will soon be on par with other nations in the region. These other countries have the most valuable currencies in the world. Some over the $2 range. This tells us what their target is. We are getting close to the end and I really hope you guys can hang on.
3-22-2023 Intel Guru Bruce [via WiserNow] Iraq is done. There's nothing else they have to do...They've already started doing their exchanges in country. They've already got their international rate where they can trade Iraqi dinar and I think I think it's a big thing and it's really happening - so that's really good. ...the ISO 200 2022 When that kicked in, that really brought everything together...a very top source in the treasury told us...our toll free numbers, tier 4A...everything gets released - He said Wednesday or Thursday at the latest...Now that's as close as we can get – believe me - as high up as we can get to what's happening for us...So what that tells me is we are right there...
3-22-2023 Newshound Guru Pimpy Any other news being reported if it doesn't come from the central bank is just B.S.
3-22-2023 Guru Nader From The Mid East This new rate [1132] has been approved by everybody besides parliament. Parliament have to approve it now and that's it.
3-22-2023 Newshound Guru Sandy Ingram The real reason for the IQD RV delay...Iraq is expanding its tourism industry. If they can maintain safety for global travelers both Christians and Muslims from around the world have Iraq on their 'bucket list' of places to visit. Why? Because Iraq is important to both religions...This will lead to a massive number of US dollars and other global currencies. The IQD to the US dollar is 1300 dinar to 1 US dollar...US expats receive income in US dollars and we spend in the currency of the country we are in. We live well on less...Now ask yourself, 'Would you be quick to increase the value of your currency if you were Iraq?'
3-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told the citizens hold on to dinar. Value is coming and we could exchange out 3-zero notes for the national currency... FRANK: There it is...these were the next words we told you they would introduce to you, your "national currency"!
3-22-2023 Newshound Guru Militia Man Triple zeros don't need coins. They don't need small denominations but yet they spent $50 million on it in 2018. Don't be alarmed to see them make an adjustment again for the currency to help the citizens out one more time. It's very possible we could see that happen. Let's just say they moved it back to 1100 or 1000 in a short period of time they would only do that to help the citizens. If they don't and we see something different, in a bigger way, I think you'll get the picture...
3-22-2023 Newshound Guru Clare Article: "Al-Alaq: 70 trillion dinars outside the banking system, and our next focus is on small projects" Quote: "there are more than 70 trillion dinars outside the banking system for circulation, and this is a very large amount and represents a high percentage of the gross domestic product, so it is necessary to focus in the next stage on finding the necessary means to activate the deposit movement through several procedures in this regard."
3-22-2023 Intel Guru MarkZ [via PDK] We did get some very positive news overnight…Awesome chatter and really great news. Something we were waiting for has occurred. They changed the official exchange rate to 1,132 dinar per US dollar...This was designed to get people to de-dollarize and citizens to hold onto their dinars...So when the RV they will get the economic benefits...Of course we all want a much bigger one, but this...is the last step before we see the lower denominations and a massive rate change. ...We also saw them reactivate coins…This is big...I think this is exciting. [NOTE: The CBI official rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-22-2023 Guru Nader From The Mid East Tomorrow it's Ramadan... What's happening between now and after Ramadan it's big. Everybody's gonna be happy with it. The rate is gonna be 1132 for sure. It's gonna go down this month maybe...
3-22-2023 Intel Guru Frank26 Article: "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" [Boots on the ground Firefly] ... SAYS ON TV, CBI IS TALKING ABOUT 1132 AS RATE & TRYING WITH NEW MEASURES TO GET THE PARALLEL DOLLAR RATE IN THE STREET MARKETS TO MIRROR THE OFFICIAL RATE.
3-22-2023 Newshound/Intel Guru Mnt Goat If this was not all amazing news out pops an article about the coins and I quote – “issuing coins in order to restore the value of the small currency, which has become worthless in daily transaction”...for Iraq to now be talking about bringing back the coins is yet another sign they must first change the rate to give the coins real value...we know these coins are available and ready for distribution. [post 2 of 2]
3-22-2023 Newshound/Intel Guru Mnt Goat From my contact at the CBI: In the Mosque last Friday, they talked about the dinar once again. They told the people the dinar will “soon” be on the level of the other middle eastern currencies. So this explains to us why they published in Iraq that list of the top ten powerful currencies and it list the top 4 as middle eastern currencies ...Then to make our news even better, they said...that the “newer notes of lower numbers” meaning the new lower denominations would be out in public to support a new rate change. Folks they are preparing the public to what is about to come. [post 1 of 2....stay tuned]
3-22-2023 Newshound/Intel Guru RVAlready This now seems fairly straightforward - finish re-educating on the new currency in Iraq, and release the RV. Feels like we are about done.
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3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget we heard has a rate of 1300 but also has amendments are coming to the budget... FRANK: I believe the budget will be exposed hopefully with the new exchange rate...and somewhere in there they are going to give you what they are bragging about...this is beyond exciting! ...as far as the budget coming out at 1300 to 1...they will amend it...there is a retroaction that will amend the exchange rate in the budget and prepare your currency to start a float. I pray that it starts 1 to 1. It could start lower. But the most important thing is that it is now starting.
3-21-2023 Newshound Guru Breitling It's always been strange. When we first got into this and I started reporting on it there was more a buzz coming from Iraq, 'when are they going to add value?' than there is today. But today they're in a better position to do it. So it's kind of strange.
3-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-21-2023 Newshound Guru Henig Article: "Political insistence on enacting law 'postponed' 16 years ago - urgent" Quote: "the law has remained for 16 years in the shelves of parliament, but the political agreement stipulated that it be passed, and this is what was included in the government program of Prime Minister Mohammed Shia al-Sudani as well. This law has become an urgent legislation because oil belongs to all the Iraqi people, and this law will guarantee the right for all...Halbousi added, the good relationship between the federal government and the regional government will soon push the legislation of this law."
3-21-2023 Newshound Guru Clare Article "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" Quote "The Governor of the Central Bank of Iraq, Ali Al-Alaq, expected, on Tuesday, a decrease in the parallel dollar exchange rate (the market price and local exchange rates) during the coming period...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." [NOTE: The official CBI rate is 1310...this article states 1132. Is the article an error, leak and/or foreshadowing of what's coming? Stay tuned as the gurus chime in on this major oversight..]
3-21-2023 Newshound Guru Militia Man Alaq the central bank governor came out today and he talked about that they have more than 70 trillion dinars outside the banking system for circulation....I believe he's saying in value terms - that they have 70 trillion dinars worth of assets or value out there. So be careful when you see that and you read it...I think...when he says he has 70 trillion dinars he's talking about he's got a lot of money in assets. That means he can support and defend his currency. That's my belief. We'll have to see how it turns out but it really does sound like it's going in our direction.
3-21-2023 Guru Nader From The Mid East I'm sure you all heard about the 73 trillion dinars...They're talking about the 70 trillion we in America, Canada, Australia, France, Iraq, wherever in the world - we're sitting on it and we don't want to give it up...The good news here...to get the 70 trillion dinars back to the bank of Iraq they're gonna have to come out with a very good rate...to make whoever hold the money happy. That's the good thing about it.
3-21-2023 Newshound Guru Samson Article: ”Central Bank Governor: We have more than 70 trillion dinars outside the banking system for circulation"
3-21-2023 Intel Guru Frank26 FIREFLY: Then they told us in phase 1 they have collected over 60 trillion 3-zero notes and they expect more to be collected during phase 2...he explained this will help stabilize the economy and control inflation... FRANK: These are the final days...of your monetary reform. It is the start of the economic reform...Both of your reforms will bring forth your explosion in your country...it is coming to an apex. It is coming faster than they can print it and show it to you...we believe at the beginning of next month they will give it to you. [Post 2 of 2]
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Channel One...being interviewed. He's saying he wants to explain to the citizens Phase II and tell us about the 6 new exchange branches they told us about in and around Baghdad...This is part of the plan of step 2 to collect the 3-zero notes from the citizens and replace them with lower notes... FRANK: It's been a campaign of massive advertisement for the 3rd day now. They won't stop. They keep talking to the citizens of Iraq on their Channel One news... [Post 1 of 2....stay tuned]
3-21-2023 Intel Guru MarkZ [via PDK] We are getting more articles from Iraq that the HCL is done. But, I do not have confirmation it has been completed and signed by parliament yet. We are just waiting for them to drop the new rate. ...It was explained to me by bankers that the stackers in ATMS there are set to dispense different size bills right now…
3-21-2023 Intel Guru RayRen98 Member comment: THE BANKS GOT UPDATED RATES, THINGS ARE FLOWING THEY ARE MORE EXCITED THAN BEFORE - RAY WILL GO OVER THE RATES... RAYRen98: DINAR $6.80 DONG - 3 - 4...
3-21-2023 Intel Guru yada We are in the midst of the process...close enough to see the rate...A good week for us. As to how fast is of no matter, fact it has started...The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connnected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And the lower denoms being released. The trigger for us to now the rate is being released.
3-21-2023 Intel Guru MarkZ [via PDK] We are seeing some really substantial rates bouncing around the screens. $6.80 has been one we have seen for the dinar. We don’t know if that is a real rate or a place holder. We are also seeing dong showing up over $4 regularly. We really don’t know if they are placeholders or real rates...
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget we heard has a rate of 1300 but also has amendments are coming to the budget... FRANK: I believe the budget will be exposed hopefully with the new exchange rate...and somewhere in there they are going to give you what they are bragging about...this is beyond exciting! ...as far as the budget coming out at 1300 to 1...they will amend it...there is a retroaction that will amend the exchange rate in the budget and prepare your currency to start a float. I pray that it starts 1 to 1. It could start lower. But the most important thing is that it is now starting.
3-21-2023 Newshound Guru Breitling It's always been strange. When we first got into this and I started reporting on it there was more a buzz coming from Iraq, 'when are they going to add value?' than there is today. But today they're in a better position to do it. So it's kind of strange.
3-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-21-2023 Newshound Guru Henig Article: "Political insistence on enacting law 'postponed' 16 years ago - urgent" Quote: "the law has remained for 16 years in the shelves of parliament, but the political agreement stipulated that it be passed, and this is what was included in the government program of Prime Minister Mohammed Shia al-Sudani as well. This law has become an urgent legislation because oil belongs to all the Iraqi people, and this law will guarantee the right for all...Halbousi added, the good relationship between the federal government and the regional government will soon push the legislation of this law."
3-21-2023 Newshound Guru Clare Article "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" Quote "The Governor of the Central Bank of Iraq, Ali Al-Alaq, expected, on Tuesday, a decrease in the parallel dollar exchange rate (the market price and local exchange rates) during the coming period...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." [NOTE: The official CBI rate is 1310...this article states 1132. Is the article an error, leak and/or foreshadowing of what's coming? Stay tuned as the gurus chime in on this major oversight..]
3-21-2023 Newshound Guru Militia Man Alaq the central bank governor came out today and he talked about that they have more than 70 trillion dinars outside the banking system for circulation....I believe he's saying in value terms - that they have 70 trillion dinars worth of assets or value out there. So be careful when you see that and you read it...I think...when he says he has 70 trillion dinars he's talking about he's got a lot of money in assets. That means he can support and defend his currency. That's my belief. We'll have to see how it turns out but it really does sound like it's going in our direction.
3-21-2023 Guru Nader From The Mid East I'm sure you all heard about the 73 trillion dinars...They're talking about the 70 trillion we in America, Canada, Australia, France, Iraq, wherever in the world - we're sitting on it and we don't want to give it up...The good news here...to get the 70 trillion dinars back to the bank of Iraq they're gonna have to come out with a very good rate...to make whoever hold the money happy. That's the good thing about it.
3-21-2023 Newshound Guru Samson Article: ”Central Bank Governor: We have more than 70 trillion dinars outside the banking system for circulation"
3-21-2023 Intel Guru Frank26 FIREFLY: Then they told us in phase 1 they have collected over 60 trillion 3-zero notes and they expect more to be collected during phase 2...he explained this will help stabilize the economy and control inflation... FRANK: These are the final days...of your monetary reform. It is the start of the economic reform...Both of your reforms will bring forth your explosion in your country...it is coming to an apex. It is coming faster than they can print it and show it to you...we believe at the beginning of next month they will give it to you. [Post 2 of 2]
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Channel One...being interviewed. He's saying he wants to explain to the citizens Phase II and tell us about the 6 new exchange branches they told us about in and around Baghdad...This is part of the plan of step 2 to collect the 3-zero notes from the citizens and replace them with lower notes... FRANK: It's been a campaign of massive advertisement for the 3rd day now. They won't stop. They keep talking to the citizens of Iraq on their Channel One news... [Post 1 of 2....stay tuned]
3-21-2023 Intel Guru MarkZ [via PDK] We are getting more articles from Iraq that the HCL is done. But, I do not have confirmation it has been completed and signed by parliament yet. We are just waiting for them to drop the new rate. ...It was explained to me by bankers that the stackers in ATMS there are set to dispense different size bills right now…
3-21-2023 Intel Guru RayRen98 Member comment: THE BANKS GOT UPDATED RATES, THINGS ARE FLOWING THEY ARE MORE EXCITED THAN BEFORE - RAY WILL GO OVER THE RATES... RAYRen98: DINAR $6.80 DONG - 3 - 4...
3-21-2023 Intel Guru yada We are in the midst of the process...close enough to see the rate...A good week for us. As to how fast is of no matter, fact it has started...The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connnected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And the lower denoms being released. The trigger for us to now the rate is being released.
3-21-2023 Intel Guru MarkZ [via PDK] We are seeing some really substantial rates bouncing around the screens. $6.80 has been one we have seen for the dinar. We don’t know if that is a real rate or a place holder. We are also seeing dong showing up over $4 regularly. We really don’t know if they are placeholders or real rates...
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3-20-2023 Newshound Guru Pimpy Looks like the momentum is in favor of Iraq and this new government. All the things we've been speaking about over the last couple days seem to be happening quickly...We got a 3-year budget now in the hands of the representatives. It looks like we have an agreement between Kurdistan and the federal government of Iraq. All seems well so far in Iraq.
3-20-2023 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq appoints "Al-Haimus" as his deputy" THEY'RE BRINGING IN MANY NEW DEPUTY GOVERNORS BECAUSE IT'S A NEW MONETARY REFORM PLAN. Quote: "Al-Haimus had worked as general manager of the Trade Bank of Iraq (TBI) and head of the Securities Commission." THE MONETARY REFORM IS SECURE.
3-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-20-2023 Intel Guru MarkZ [via PDK] We do have some news coming out of Iraq. “The Central bank of Iraq is preparing a lending strategy and recommends a plan to attract deposits” Why is this important? Because you have to have a workable currency to be loaning money…right? Not a currency that is worthless.
3-20-2023 Guru Nader From The Mid East "Fifth Baghdad International Dialogue Conference -US Ambassador...Iraq can reach energy self-sufficiency in 10 years. Some say in less time...approximately half of Iraq's population is under 20...they want the skills necessary to compete in an increasingly connected global economy...they want a strong economy including a vibrant private sector that produces jobs...The United States is committed to help Iraq build its economic foundation..."
3-20-2023 Newshound Guru Sandy Ingram A Republican Senator or Representative has introduced a bill in congress to get rid of the Income tax and possibly the IRS. This could mean NO taxes on our exchange. There's a long road before any of this could happen...
3-20-2023 Newshound Guru Clare Article: "Al-Sudani: We look forward to transforming Iraq into a center for world trade through the Al-Faw port project" Quote: "..transforming Iraq into a center for global trade between Asia and Europe through the great port of Faw project and everything related to it." economic zones, residential communities and tourist attractions. We look forward from this giant project, which will extend over an area of more than 20 square miles, to open the way for an economic boom for Iraq,"
3-20-2023 Intel Guru Frank26 The lower denoms and the new exchange rate have to coincide together. IMO the lower denominations is the most important thing for us right now...because you cannot be given the lower denoms the way you're being given the budget. The budget can be foretold but the new small category notes...are the trigger for...everything...the lower denoms will never come out without the new exchange rate.
3-20-2023 Newshound Guru Militia Man Quote: 'The finance committee and the Iraqi parliament calls on the central bank to reintroduce the metal currency.' This was on the 17th - reintroduce metal currency. Why would you reintroduce metal currency if in fact you're going to come out as they state in the budget - 1300? Sounds to me from what we've read in the article...they have a caveat that they can amend the budget at any time... Quote: "small coins facilitate many daily banking transactions as the use of metal denominations and their circulation will give currency a legal value." So not only do they have value but it's legal... [Post 2 of 2]
3-20-2023 Newshound Guru Militia Man They spent somewhere around $49,429,000 in 2018...on currency issuance. That would be for the new small category notes and potentially the fils, which are coins...March 17th there was the article that came out about the coins. It also spoke about the deletion of the zeros. Those 2 things go hand in hand. Quote: "the central bank is the only one responsible for supplying the currency, bank notes and coins to the country of Iraq." That's the central bank's job. They did that in 2018...we know they did issue currency to the tune of about just under $50 million worth and they did it for a reason. [Post 1 of 2....stay tuned]
3-20-2023 Intel Guru MarkZ [via PDK] It is looking like a great week. They are being forced into a corner where they don’t have a choice. One of the...big pieces of news coming out of Iraq is about coins and how they will be “immediately“ usable. The first story broke late Thursday into Friday. Then rumors and more confirmations over the weekend... Currently the $50 dinar note is only worth .4 cents or so. A coin is only worth a fraction of a single dinar. This would make no sense. But we have had some clear indicators out of Iraq that 1. The rate in the budget is now changeable. And 2. Coins can be used immediately to support the lower denominations. This is really important. Denominations of their coins is similar to our coins in Iraq...them being able to use coins is huge.
3-20-2023 Newshound Guru Pimpy Article: "Iraq Must Not Squander Another Opportunity to Rebuild" It's the 20th anniversary of our attack on Iraq...20 years since the start of the war, since Iraq has been "liberated"...I like to believe this time around things are going to be different. I'm not happy about what happened with Sadr bailing out and allowing the coordinated framework to be there but so far the coordinated framework appeared to be doing all the right things. Let's hope they stay down that path - not for their own sake but for the sake of the Iraqi people...
3-20-2023 Intel Guru Frank26 It is my opinion you will see an exchange rate about a week before April 1st. Why would I have have such an opinion? You don't have the budget. You don't have the exchange rate. But once you have the exchange rate you can have anything you want in that budget. Do you have the budget? No. Did they tell you it's coming? Yes. For 3 years. Did they give you the rate for the budget? No.
3-20-2023 Newshound Guru Pimpy Looks like the momentum is in favor of Iraq and this new government. All the things we've been speaking about over the last couple days seem to be happening quickly...We got a 3-year budget now in the hands of the representatives. It looks like we have an agreement between Kurdistan and the federal government of Iraq. All seems well so far in Iraq.
3-20-2023 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq appoints "Al-Haimus" as his deputy" THEY'RE BRINGING IN MANY NEW DEPUTY GOVERNORS BECAUSE IT'S A NEW MONETARY REFORM PLAN. Quote: "Al-Haimus had worked as general manager of the Trade Bank of Iraq (TBI) and head of the Securities Commission." THE MONETARY REFORM IS SECURE.
3-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-20-2023 Intel Guru MarkZ [via PDK] We do have some news coming out of Iraq. “The Central bank of Iraq is preparing a lending strategy and recommends a plan to attract deposits” Why is this important? Because you have to have a workable currency to be loaning money…right? Not a currency that is worthless.
3-20-2023 Guru Nader From The Mid East "Fifth Baghdad International Dialogue Conference -US Ambassador...Iraq can reach energy self-sufficiency in 10 years. Some say in less time...approximately half of Iraq's population is under 20...they want the skills necessary to compete in an increasingly connected global economy...they want a strong economy including a vibrant private sector that produces jobs...The United States is committed to help Iraq build its economic foundation..."
3-20-2023 Newshound Guru Sandy Ingram A Republican Senator or Representative has introduced a bill in congress to get rid of the Income tax and possibly the IRS. This could mean NO taxes on our exchange. There's a long road before any of this could happen...
3-20-2023 Newshound Guru Clare Article: "Al-Sudani: We look forward to transforming Iraq into a center for world trade through the Al-Faw port project" Quote: "..transforming Iraq into a center for global trade between Asia and Europe through the great port of Faw project and everything related to it." economic zones, residential communities and tourist attractions. We look forward from this giant project, which will extend over an area of more than 20 square miles, to open the way for an economic boom for Iraq,"
3-20-2023 Intel Guru Frank26 The lower denoms and the new exchange rate have to coincide together. IMO the lower denominations is the most important thing for us right now...because you cannot be given the lower denoms the way you're being given the budget. The budget can be foretold but the new small category notes...are the trigger for...everything...the lower denoms will never come out without the new exchange rate.
3-20-2023 Newshound Guru Militia Man Quote: 'The finance committee and the Iraqi parliament calls on the central bank to reintroduce the metal currency.' This was on the 17th - reintroduce metal currency. Why would you reintroduce metal currency if in fact you're going to come out as they state in the budget - 1300? Sounds to me from what we've read in the article...they have a caveat that they can amend the budget at any time... Quote: "small coins facilitate many daily banking transactions as the use of metal denominations and their circulation will give currency a legal value." So not only do they have value but it's legal... [Post 2 of 2]
3-20-2023 Newshound Guru Militia Man They spent somewhere around $49,429,000 in 2018...on currency issuance. That would be for the new small category notes and potentially the fils, which are coins...March 17th there was the article that came out about the coins. It also spoke about the deletion of the zeros. Those 2 things go hand in hand. Quote: "the central bank is the only one responsible for supplying the currency, bank notes and coins to the country of Iraq." That's the central bank's job. They did that in 2018...we know they did issue currency to the tune of about just under $50 million worth and they did it for a reason. [Post 1 of 2....stay tuned]
3-20-2023 Intel Guru MarkZ [via PDK] It is looking like a great week. They are being forced into a corner where they don’t have a choice. One of the...big pieces of news coming out of Iraq is about coins and how they will be “immediately“ usable. The first story broke late Thursday into Friday. Then rumors and more confirmations over the weekend... Currently the $50 dinar note is only worth .4 cents or so. A coin is only worth a fraction of a single dinar. This would make no sense. But we have had some clear indicators out of Iraq that 1. The rate in the budget is now changeable. And 2. Coins can be used immediately to support the lower denominations. This is really important. Denominations of their coins is similar to our coins in Iraq...them being able to use coins is huge.
3-20-2023 Newshound Guru Pimpy Article: "Iraq Must Not Squander Another Opportunity to Rebuild" It's the 20th anniversary of our attack on Iraq...20 years since the start of the war, since Iraq has been "liberated"...I like to believe this time around things are going to be different. I'm not happy about what happened with Sadr bailing out and allowing the coordinated framework to be there but so far the coordinated framework appeared to be doing all the right things. Let's hope they stay down that path - not for their own sake but for the sake of the Iraqi people...
3-20-2023 Intel Guru Frank26 It is my opinion you will see an exchange rate about a week before April 1st. Why would I have have such an opinion? You don't have the budget. You don't have the exchange rate. But once you have the exchange rate you can have anything you want in that budget. Do you have the budget? No. Did they tell you it's coming? Yes. For 3 years. Did they give you the rate for the budget? No.
3-19-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-19-2023 Guru Nader From The Mid East I'm surprised the rate didn't have changed yet too. A lot of friends of mine they're surprised. We see. Monday is the 20th anniversary of Iraq. We'll see what's going on...
3-19-2023 Intel Guru Frank26 Question: "Will there be taxes on our exchange?" Yeah. Please don't present this is not a capital gain tax...on what planet did you ever not pay taxes for anything? ...you pay taxes for everything...Be around so that you can pay taxes... [Note: Different Gurus have differing views on tax obligations of exchanging IQD. Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]
3-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-19-2023 Newshound Guru Militia Man Because they're going to try and facilitate the transfer of monies in international trade in foreign currencies ... with the Iraqi dinar. As far as I can tell that happened...I think we can take it seriously that something's really up...the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th. The data is out there. It's not something they're gonna not do...as of yesterday they're basically stating that they have no delays and they're going to migrate... [Post 2 of 2]
3-19-2023 Newshound Guru Militia Man [CBI governor Alaq talking about Iraqi dinar becoming a major currency] The central bank is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies. That was back in February...they were including...yuan...euro... yen...and dollar...Why is that important? [Post 1 of 2....stay tuned]
3-19-2023 Guest Guru GameofPatience the budget is waiting on the rate. Kuwait changed their rate on 3/24/91, this year that would be the weekend of 3-25/26. Iraq and Kuwait have the same budget periods April - March.
3-19-2023 Guest Guru BobTheTaxMan We as private holders of this currency were considered speculators anticipating gains from this revaluation ...This is not tradable on the Forex. It's not even usable here in the United States...for us [In the United States] we're just holders. That's part of the reason why it's being treated as an ordinary income instead of a long-term capital gains. [NOTE - Consult your financial and tax professionals at the appropriate time to determine the right taxes for your unique situation and circumstances.]
3-19-2023 Intel Guru MarkZ [via PDK] Now this is important: Coming out of state.gov. www.state.gov/report/custom/6fbb1fb8fe-5/ Under the section titled “Foreign Exchange and Remittance”... Section 6/paragraph 2... It states: The currency of Iraq is the dinar. Here is the important part. “There are no taxes or subsidies on the purchase or sales of foreign exchange” Now this is about Iraq and treaties with IQD and the US …so we don’t know for sure on other currencies. But the US government is clear on this one. No Taxes on exchanging IQD. [Note: It is unclear if this document is referring to bank business or individual investors or both. Consult tax professionals at the appropriate time to determine the taxes for your unique situation.]
3-19-2023 Intel Guru Frank26 Article: "Why does not Iraq re-adopt the coin?" Quote: "The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003." THE MONETARY REFORM EDUCATION IS REACHING ALL THE LEVELS... WHY TEACH ABOUT THE COINS? BECAUSE THEY ARE NOW COMING OUT WITH THE NSCN's. BY THE WAY THIS IS NOT A QUESTION THIS IS MONETARY REFORM EDUCATION.
3-19-2023 Guru Nader From The Mid East The budget says about the exchange rate...1300. It didn't say 1310, 1320... Article... said the exchange rate in the budget is 1300. I was surprised the budget has a rate in it in the first place. The second thing, the very good news...they made it open. They can exchange the rate anytime they want. Why they did that? For a reason...that means 1300 is not fixed for the next 3 years.
3-19-2023 Newshound Guru Clare Article: "Shafak News publishes the draft budget law for Iraq for three years" Quote: "News Agency publishes the draft state budget law for the years 2023, 2024, 2025 sent by the Iraqi government to Parliament."
3-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have opened 6 new branches in and around Baghdad. They are telling us these 6 new branches...are being set up to help collect the citizens depositing dinars. They are calling it the 2nd phase to get dinars deposited... FRANK: The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes...The CBI is super eager to collect as many 3-zero notes as possible back. It's brilliant.
3-19-2023 Intel Guru MarkZ [via PDK] ...The news is coming straight out of Iraq. Talking about coinage. Pay attention: “Economists believe that coins facilitate many of the daily banking transactions The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003.” What is important is “the discussion returned in economic circles about the reasons why Iraq did not resort to issuing coins with the aim of restoring the value of the small currency, which has become worthless in daily transactions." They are talking about re-introducing the coins. And restoring the value of the small denomination currency. Why would they need coins and small denominations if they weren’t going to increase the value… Fantastic news, putting out coins…restoring coins…restoring the value of the coins…this is a huge one!!!
3-19-2023 Guru Nader From The Mid East I'm surprised the rate didn't have changed yet too. A lot of friends of mine they're surprised. We see. Monday is the 20th anniversary of Iraq. We'll see what's going on...
3-19-2023 Intel Guru Frank26 Question: "Will there be taxes on our exchange?" Yeah. Please don't present this is not a capital gain tax...on what planet did you ever not pay taxes for anything? ...you pay taxes for everything...Be around so that you can pay taxes... [Note: Different Gurus have differing views on tax obligations of exchanging IQD. Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]
3-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-19-2023 Newshound Guru Militia Man Because they're going to try and facilitate the transfer of monies in international trade in foreign currencies ... with the Iraqi dinar. As far as I can tell that happened...I think we can take it seriously that something's really up...the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th. The data is out there. It's not something they're gonna not do...as of yesterday they're basically stating that they have no delays and they're going to migrate... [Post 2 of 2]
3-19-2023 Newshound Guru Militia Man [CBI governor Alaq talking about Iraqi dinar becoming a major currency] The central bank is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies. That was back in February...they were including...yuan...euro... yen...and dollar...Why is that important? [Post 1 of 2....stay tuned]
3-19-2023 Guest Guru GameofPatience the budget is waiting on the rate. Kuwait changed their rate on 3/24/91, this year that would be the weekend of 3-25/26. Iraq and Kuwait have the same budget periods April - March.
3-19-2023 Guest Guru BobTheTaxMan We as private holders of this currency were considered speculators anticipating gains from this revaluation ...This is not tradable on the Forex. It's not even usable here in the United States...for us [In the United States] we're just holders. That's part of the reason why it's being treated as an ordinary income instead of a long-term capital gains. [NOTE - Consult your financial and tax professionals at the appropriate time to determine the right taxes for your unique situation and circumstances.]
3-19-2023 Intel Guru MarkZ [via PDK] Now this is important: Coming out of state.gov. www.state.gov/report/custom/6fbb1fb8fe-5/ Under the section titled “Foreign Exchange and Remittance”... Section 6/paragraph 2... It states: The currency of Iraq is the dinar. Here is the important part. “There are no taxes or subsidies on the purchase or sales of foreign exchange” Now this is about Iraq and treaties with IQD and the US …so we don’t know for sure on other currencies. But the US government is clear on this one. No Taxes on exchanging IQD. [Note: It is unclear if this document is referring to bank business or individual investors or both. Consult tax professionals at the appropriate time to determine the taxes for your unique situation.]
3-19-2023 Intel Guru Frank26 Article: "Why does not Iraq re-adopt the coin?" Quote: "The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003." THE MONETARY REFORM EDUCATION IS REACHING ALL THE LEVELS... WHY TEACH ABOUT THE COINS? BECAUSE THEY ARE NOW COMING OUT WITH THE NSCN's. BY THE WAY THIS IS NOT A QUESTION THIS IS MONETARY REFORM EDUCATION.
3-19-2023 Guru Nader From The Mid East The budget says about the exchange rate...1300. It didn't say 1310, 1320... Article... said the exchange rate in the budget is 1300. I was surprised the budget has a rate in it in the first place. The second thing, the very good news...they made it open. They can exchange the rate anytime they want. Why they did that? For a reason...that means 1300 is not fixed for the next 3 years.
3-19-2023 Newshound Guru Clare Article: "Shafak News publishes the draft budget law for Iraq for three years" Quote: "News Agency publishes the draft state budget law for the years 2023, 2024, 2025 sent by the Iraqi government to Parliament."
3-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have opened 6 new branches in and around Baghdad. They are telling us these 6 new branches...are being set up to help collect the citizens depositing dinars. They are calling it the 2nd phase to get dinars deposited... FRANK: The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes...The CBI is super eager to collect as many 3-zero notes as possible back. It's brilliant.
3-19-2023 Intel Guru MarkZ [via PDK] ...The news is coming straight out of Iraq. Talking about coinage. Pay attention: “Economists believe that coins facilitate many of the daily banking transactions The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003.” What is important is “the discussion returned in economic circles about the reasons why Iraq did not resort to issuing coins with the aim of restoring the value of the small currency, which has become worthless in daily transactions." They are talking about re-introducing the coins. And restoring the value of the small denomination currency. Why would they need coins and small denominations if they weren’t going to increase the value… Fantastic news, putting out coins…restoring coins…restoring the value of the coins…this is a huge one!!!
3-18-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-18-2023 Intel Guru Frank26 Question "With the banks having a shortage of cash should we give them a heads up that we'll be coming in and the amount exchanging?" Oh, yeah...you're going to need an entourage. You need a team. You don't want to walk in there by yourself...I will tell them I want $100,000 in cash by next Thursday. It will be there. It may take 2 weeks. It may take a while but they will deliver you the money...you've got to order the amount of cash you want...you need your CPA...book keeper...tax consultant...tax lawyer who can answer all these questions for you.
3-18-2023 Newshound Guru Pimpy I get a lot of people saying, 'How come Iraq's currency is not the same as Kuwait?' It's not that simple. At one time it was very close to the same exchange rate as the Kuwait dinar...but things have changed since then...That doesn't mean it can't get there again. It can. But there's a lot of hurdles that need to be crossed...I don't think they're going to get there anytime real soon. But you will see the dinar start to go up in increments as they get their ducks in a row. It seems this administration is doing everything they can as quickly as possible to reach that level so you never know. We'll see where Iraq ends up...
3-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-18-2023 Newshound Guru Clare Article "The industry opens a new window on the Arab markets for the export of aluminum sheets" Quote "The Ur State Company of the Ministry of Industry and Minerals opened, on Tuesday, a new window on the Arab markets...strengthening the economic partnership between Iraq and its Arab surroundings, pointing out that the company opened the first line to export its products through the markets of Syria and Lebanon"
3-18-2023 Newshound Guru Sandy Ingram Before 1935 what was Iran called? The answer is Persia...This may be a deep-rooted reason why Iran keeps harboring over Iraq like a lost child over and above the monetary reasons...if you look at the map...Persia included the land that is now occupied by Iran and Iraq...Iran took over the country of Persia's name in 1935 but that does not change the DNA of the Iraqi or Iranian people...
3-18-2023 Intel Guru Frank26 The rate and the budget that's a 'Line Item'. It's in the budget. I don't care if it's 1300. I don't care if it's 1 to 1. Just give me the budget because the budget is waiting for the exchange rate. I said April 1st budget exposed...everything waits for the exchange rate. You want the new budget on April 1st?
3-18-2023 Intel Guru yada ...the activation of their debit, credit, and prepaid cards on Sunday so they can buy and sell internationally, would have to include a valid rate, not a program rate of 1300 to 1. Believe the float will begin and we will have to option to exchange some at the low rate or wait. Mainly, the release is upon us. I'm also of the mind since, "All Boats Rise With The Tide", we may see a slight increase in the dong also.
3-18-2023 Intel Guru MarkZ [via PDK] A lot of news coming out of Iraq over the last 24 hours…. I mean a lot of fun stuff coming out of the Iraqi news. “Al Sudani advisor: The Baghdad and Erbil agreement is one of the achievements of the federal government” Money has already started moving. Its not 100% tightened up until they finish voting on it. But they have agreed to and implementing their programs and the regions revenues into one central account. I was told this one would be a big one and we are watching it.
3-18-2023 Newshound Guru Pimpy Article: "The Iraq parliament begins discussing the budget law" According to their constitution they have 30 days to review this particular law...This is unique...the fact Iraq is going ahead and passing a three-year budget...I think this is a smart move. I love the fact it's also open for amendments if necessary.
3-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks the rate and budget are tied together in a really nice package with the new rate. But the rate can come anytime. FRANK: What does the budget wait for? The rate. What do we have...? The budget. Therefore normal logic you're now going to see the rate. I told you it doesn't matter if it comes out at 1300 or whatever that's not the point. The point is they are preparing the currency to float...they are moving in the direction of a float. Your internal float is almost done.
3-18-2023 Newshound/Intel Guru Mnt Goat ...the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of the dinar being a major currency prevailing in the market in cooperation with the government. This was music to the ears…Alaq goes on with better news and I quote from the article...“the currency is a symbol of sovereignty and a title for the country, and abandoning it is tantamount to lowering the flag”. Oh my gosh! This patriotism and loyalty to Iraq is what Alaq really brings to his job and the Iraqi people...this is how we are going to get the reinstatement…. He has the brains to do it but also the willingness to do it...
3-18-2023 Intel Guru MarkZ [via PDK] Member Question: What will redemption centers look like? MarkZ Answer: The term “redemption center” may be a little off. They are mainly different banks and banking facilities that are set up and will have equipment and trained personnel for exchanging foreign currency. It may just be a bank branch with extra offices in your area. Some may be full blown centers in areas with many foreign currency holders. They have a good idea on demographics from who has bought what in areas...
3-18-2023 Intel Guru Frank26 Question "With the banks having a shortage of cash should we give them a heads up that we'll be coming in and the amount exchanging?" Oh, yeah...you're going to need an entourage. You need a team. You don't want to walk in there by yourself...I will tell them I want $100,000 in cash by next Thursday. It will be there. It may take 2 weeks. It may take a while but they will deliver you the money...you've got to order the amount of cash you want...you need your CPA...book keeper...tax consultant...tax lawyer who can answer all these questions for you.
3-18-2023 Newshound Guru Pimpy I get a lot of people saying, 'How come Iraq's currency is not the same as Kuwait?' It's not that simple. At one time it was very close to the same exchange rate as the Kuwait dinar...but things have changed since then...That doesn't mean it can't get there again. It can. But there's a lot of hurdles that need to be crossed...I don't think they're going to get there anytime real soon. But you will see the dinar start to go up in increments as they get their ducks in a row. It seems this administration is doing everything they can as quickly as possible to reach that level so you never know. We'll see where Iraq ends up...
3-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-18-2023 Newshound Guru Clare Article "The industry opens a new window on the Arab markets for the export of aluminum sheets" Quote "The Ur State Company of the Ministry of Industry and Minerals opened, on Tuesday, a new window on the Arab markets...strengthening the economic partnership between Iraq and its Arab surroundings, pointing out that the company opened the first line to export its products through the markets of Syria and Lebanon"
3-18-2023 Newshound Guru Sandy Ingram Before 1935 what was Iran called? The answer is Persia...This may be a deep-rooted reason why Iran keeps harboring over Iraq like a lost child over and above the monetary reasons...if you look at the map...Persia included the land that is now occupied by Iran and Iraq...Iran took over the country of Persia's name in 1935 but that does not change the DNA of the Iraqi or Iranian people...
3-18-2023 Intel Guru Frank26 The rate and the budget that's a 'Line Item'. It's in the budget. I don't care if it's 1300. I don't care if it's 1 to 1. Just give me the budget because the budget is waiting for the exchange rate. I said April 1st budget exposed...everything waits for the exchange rate. You want the new budget on April 1st?
3-18-2023 Intel Guru yada ...the activation of their debit, credit, and prepaid cards on Sunday so they can buy and sell internationally, would have to include a valid rate, not a program rate of 1300 to 1. Believe the float will begin and we will have to option to exchange some at the low rate or wait. Mainly, the release is upon us. I'm also of the mind since, "All Boats Rise With The Tide", we may see a slight increase in the dong also.
3-18-2023 Intel Guru MarkZ [via PDK] A lot of news coming out of Iraq over the last 24 hours…. I mean a lot of fun stuff coming out of the Iraqi news. “Al Sudani advisor: The Baghdad and Erbil agreement is one of the achievements of the federal government” Money has already started moving. Its not 100% tightened up until they finish voting on it. But they have agreed to and implementing their programs and the regions revenues into one central account. I was told this one would be a big one and we are watching it.
3-18-2023 Newshound Guru Pimpy Article: "The Iraq parliament begins discussing the budget law" According to their constitution they have 30 days to review this particular law...This is unique...the fact Iraq is going ahead and passing a three-year budget...I think this is a smart move. I love the fact it's also open for amendments if necessary.
3-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks the rate and budget are tied together in a really nice package with the new rate. But the rate can come anytime. FRANK: What does the budget wait for? The rate. What do we have...? The budget. Therefore normal logic you're now going to see the rate. I told you it doesn't matter if it comes out at 1300 or whatever that's not the point. The point is they are preparing the currency to float...they are moving in the direction of a float. Your internal float is almost done.
3-18-2023 Newshound/Intel Guru Mnt Goat ...the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of the dinar being a major currency prevailing in the market in cooperation with the government. This was music to the ears…Alaq goes on with better news and I quote from the article...“the currency is a symbol of sovereignty and a title for the country, and abandoning it is tantamount to lowering the flag”. Oh my gosh! This patriotism and loyalty to Iraq is what Alaq really brings to his job and the Iraqi people...this is how we are going to get the reinstatement…. He has the brains to do it but also the willingness to do it...
3-18-2023 Intel Guru MarkZ [via PDK] Member Question: What will redemption centers look like? MarkZ Answer: The term “redemption center” may be a little off. They are mainly different banks and banking facilities that are set up and will have equipment and trained personnel for exchanging foreign currency. It may just be a bank branch with extra offices in your area. Some may be full blown centers in areas with many foreign currency holders. They have a good idea on demographics from who has bought what in areas...
3-17-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-17-2023 Newshound Guru Pimpy There's a lot going on in Iraq. The budgets are being looked at. We have the agreement between Kurdistan and the federal government of Iraq finally on hydrocarbon laws. There's a lot of tentative agreements there, but what we're looking for is these things to get signed.
3-17-2023 Intel Guru Frank26 What is Sudani telling the Iraqi citizens for the last 3 weeks? He says to them, 'Hold onto your dinars.' ...Then something else happened. 'Hold onto your dinars...because it's going to have value soon.' That was the second part that was added. Then something else happened...'Hold onto your dinars because it's going to have value soon and you Iraqi citizens are going to...be able to take your 3-zero notes and exchange them'. For what? The national currency.
3-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-17-2023 Newshound Guru Sandy Ingram Article: "Baghdad, Erbil reach comprehensive agreement" Disputes over the over the sovereignty of the Kurdistan region continue. The Prime minister of Iraq announced this week that Baghdad and Erbil had reached a comprehensive agreement in regards to oil revenue.
3-17-2023 Intel Guru MarkZ [via PDK] Member Question: Will they drop zeros off the dong? MarkZ Answer: They will also change the value and have lower denomination bills just like with Iraq’s currency. From the Vietnamese war they had done the same thing in Vietnam. Artificially reduced the rate. And they need to restore that value. Vietnam may be the longest devaluation in history…that I can find. ... ...No one knows the exact timing…we just know we are close. [post 2 of 2]
3-17-2023 Intel Guru MarkZ [via PDK] Member comment: I read yesterday that the Iraqi dinar was once $3.78 to $1 USD- Wikipedia. MarkZ Answer: That is accurate. It had that value before the US declared war on Iraq. The US petitioned the UN, IMF, World Bank and all the agencies to reduce the value of their currency. So when they re-instate they put back the value from where it used to be. They artificially reduced it and now they have to correct that reduction. [post 1 of 2....stay tuned]
3-17-2023 Intel Guru Bruce [via WiserNow] I'm not hearing any more chatter about Iraq has to do this or get this done. We did confirm that...They don't have to...get their budget out for 2023 before we start...That was rumored a while back...I feel like...this is as solid as we've ever been...in terms of what has to happen... what we're hearing from...two our sources...we should...receive our notifications before noon, Monday, the 20th... If that happens, there's a good possibility we could set appointments Monday and possibly go Monday, but certainly go on Tuesday. Rates are going to be terrific...we'll see what happens...
3-17-2023 Newshound Guru Militia Man Alaq is saying today...the central bank is working with the Iraqi government to make the dinar the main currency in the Iraqi market. They're going to have no multi-currency practices anymore. They're de-dollarizing...what are we talking about here? A major currency in the world. 1310 IQD to $1 is not a major currency. It's obvious he's talking about something...private sector coming in from around the world is not about a currency that has triple zero notes anymore. We're talking about major currencies...he's saying that we'll represent strength in the currency 'externally'. Externally is across the borders...
3-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on Channel One the other day that the ATM machines will only use dinars for now on. There will no longer be American dollars found in these machines or any foreign currency. Just dinars from this point onward. According to my bank friend...expect the ATMs to be set up to use lower notes now that it is only dinars. FRANK: ...the new ATM machines have the new software for the new small category notes and because we are very close to having it introduced to you I believe these new ATMs...are already loaded and ready for you...
3-17-2023 Intel Guru MarkZ [via PDK] This one is 2 days old…but very important. “Vietnam discusses increasing trade with Iraq” These are major trading partners ..both are slated to change currency values at the same time. Our own state dept has called on Vietnam to change their exchange rate. This is another one where they are telling us what they are doing...
3-17-2023 Newshound Guru Pimpy Article: "Central Bank Issues Third Package To Facilitate Procedures For Obtaining Dollars" Quote: "...the official exchange rate is 1320 dinars for every US dollar will be calculated through the electronic payment card issued by the license authority." The exchange rate is the same in-country as it is out of country. That's exactly what it's saying and the rate is 1320 dinars for every dollar. I keep hearing people going, 'That's not the in -county rate and that's not the out of country rate.' ...it's the same no matter what...
3-17-2023 Newshound Guru Clare Article: "Parliament announces receipt of the draft budget law" Quote: "Today, Friday, the House of Representatives announced that it had received the draft budget law"
3-17-2023 Intel Guru Frank26 Article: "It caused the dollar crisis. Is the government able to end the phenomenon of "dollarization" DE-DOLLARIZATION IS THE ULTIMATE GOAL OF THE MONETARY REFORM! THE GOAL OF DE-DOLLARIZATION IS NOW IN THE HANDS OF THE IRAQI CITIZENS.
3-17-2023 Intel Guru MarkZ [via PDK] It would be poetic for Iraq to go on the 20th “Senate votes to proceed with repeal of authorization for Iraq, Gulf wars” This is the 20 year anniversary on the 20th of March. This is very important. Member Question: Mark, is there ANYTHING now that could take this RV past the 20th at this point? MarkZ answer: At this point I don’t know. We are in the short and skinny of this. The mechanisms are in place…. I think this thing is done.
3-17-2023 Newshound/Intel Guru Mnt Goat Article: "THE LARGEST BUDGET OF 2023 IN THE HISTORY OF IRAQ" I believe this three year budget is going to be the “rebuilding of war torn” Iraq budget. This is why they will also need a strong international currency.
3-17-2023 Newshound Guru Pimpy There's a lot going on in Iraq. The budgets are being looked at. We have the agreement between Kurdistan and the federal government of Iraq finally on hydrocarbon laws. There's a lot of tentative agreements there, but what we're looking for is these things to get signed.
3-17-2023 Intel Guru Frank26 What is Sudani telling the Iraqi citizens for the last 3 weeks? He says to them, 'Hold onto your dinars.' ...Then something else happened. 'Hold onto your dinars...because it's going to have value soon.' That was the second part that was added. Then something else happened...'Hold onto your dinars because it's going to have value soon and you Iraqi citizens are going to...be able to take your 3-zero notes and exchange them'. For what? The national currency.
3-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-17-2023 Newshound Guru Sandy Ingram Article: "Baghdad, Erbil reach comprehensive agreement" Disputes over the over the sovereignty of the Kurdistan region continue. The Prime minister of Iraq announced this week that Baghdad and Erbil had reached a comprehensive agreement in regards to oil revenue.
3-17-2023 Intel Guru MarkZ [via PDK] Member Question: Will they drop zeros off the dong? MarkZ Answer: They will also change the value and have lower denomination bills just like with Iraq’s currency. From the Vietnamese war they had done the same thing in Vietnam. Artificially reduced the rate. And they need to restore that value. Vietnam may be the longest devaluation in history…that I can find. ... ...No one knows the exact timing…we just know we are close. [post 2 of 2]
3-17-2023 Intel Guru MarkZ [via PDK] Member comment: I read yesterday that the Iraqi dinar was once $3.78 to $1 USD- Wikipedia. MarkZ Answer: That is accurate. It had that value before the US declared war on Iraq. The US petitioned the UN, IMF, World Bank and all the agencies to reduce the value of their currency. So when they re-instate they put back the value from where it used to be. They artificially reduced it and now they have to correct that reduction. [post 1 of 2....stay tuned]
3-17-2023 Intel Guru Bruce [via WiserNow] I'm not hearing any more chatter about Iraq has to do this or get this done. We did confirm that...They don't have to...get their budget out for 2023 before we start...That was rumored a while back...I feel like...this is as solid as we've ever been...in terms of what has to happen... what we're hearing from...two our sources...we should...receive our notifications before noon, Monday, the 20th... If that happens, there's a good possibility we could set appointments Monday and possibly go Monday, but certainly go on Tuesday. Rates are going to be terrific...we'll see what happens...
3-17-2023 Newshound Guru Militia Man Alaq is saying today...the central bank is working with the Iraqi government to make the dinar the main currency in the Iraqi market. They're going to have no multi-currency practices anymore. They're de-dollarizing...what are we talking about here? A major currency in the world. 1310 IQD to $1 is not a major currency. It's obvious he's talking about something...private sector coming in from around the world is not about a currency that has triple zero notes anymore. We're talking about major currencies...he's saying that we'll represent strength in the currency 'externally'. Externally is across the borders...
3-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on Channel One the other day that the ATM machines will only use dinars for now on. There will no longer be American dollars found in these machines or any foreign currency. Just dinars from this point onward. According to my bank friend...expect the ATMs to be set up to use lower notes now that it is only dinars. FRANK: ...the new ATM machines have the new software for the new small category notes and because we are very close to having it introduced to you I believe these new ATMs...are already loaded and ready for you...
3-17-2023 Intel Guru MarkZ [via PDK] This one is 2 days old…but very important. “Vietnam discusses increasing trade with Iraq” These are major trading partners ..both are slated to change currency values at the same time. Our own state dept has called on Vietnam to change their exchange rate. This is another one where they are telling us what they are doing...
3-17-2023 Newshound Guru Pimpy Article: "Central Bank Issues Third Package To Facilitate Procedures For Obtaining Dollars" Quote: "...the official exchange rate is 1320 dinars for every US dollar will be calculated through the electronic payment card issued by the license authority." The exchange rate is the same in-country as it is out of country. That's exactly what it's saying and the rate is 1320 dinars for every dollar. I keep hearing people going, 'That's not the in -county rate and that's not the out of country rate.' ...it's the same no matter what...
3-17-2023 Newshound Guru Clare Article: "Parliament announces receipt of the draft budget law" Quote: "Today, Friday, the House of Representatives announced that it had received the draft budget law"
3-17-2023 Intel Guru Frank26 Article: "It caused the dollar crisis. Is the government able to end the phenomenon of "dollarization" DE-DOLLARIZATION IS THE ULTIMATE GOAL OF THE MONETARY REFORM! THE GOAL OF DE-DOLLARIZATION IS NOW IN THE HANDS OF THE IRAQI CITIZENS.
3-17-2023 Intel Guru MarkZ [via PDK] It would be poetic for Iraq to go on the 20th “Senate votes to proceed with repeal of authorization for Iraq, Gulf wars” This is the 20 year anniversary on the 20th of March. This is very important. Member Question: Mark, is there ANYTHING now that could take this RV past the 20th at this point? MarkZ answer: At this point I don’t know. We are in the short and skinny of this. The mechanisms are in place…. I think this thing is done.
3-17-2023 Newshound/Intel Guru Mnt Goat Article: "THE LARGEST BUDGET OF 2023 IN THE HISTORY OF IRAQ" I believe this three year budget is going to be the “rebuilding of war torn” Iraq budget. This is why they will also need a strong international currency.
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3-16-2023 Newshound Guru Pimpy Article: "Al-Shammari: The largest budget of 2023 in the history of Iraq, Baghdad and the south will witness an reconstruction revolution" Yes, that's what we want to hear! But I don't want you to just talk about it, I want to see it happen. Because if they can make that happen then we're going to be looking at a much more valuable Iraqi dinar...
3-16-2023 Intel Guru Frank26 IMO the budget is complete. But you are not going to see the budget IMO until April 1st. But the rate for April 1st IMO will be 1 week before that.
3-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-16-2023 Intel Guru MarkZ [via PDK] “Central Bank governor sets two monetary policy goals in Iraq” “Monetary policy includes two main objectives: maintaining the overall level of prices, that is, the strength of the currency locally, and the exchange rate, which represents the strength of the currency externally,” This is from Alaq and He just told you right here they have 2 jobs. Stability and rate. They are telling us what they are doing...
3-16-2023 Newshound Guru Militia Man The whole budget for 2023, 2024, 2025 is all about going to a private sector. The stability and security that they're going to get for the investor and for the public is going to be pretty big because that goes to show they're committed...with them being open and being able to be adjusted and amended based off of oil pricing, natural gas prices, taxes/tariffs revenues or even an adjustment to their exchange rate, they can do all of that...
3-16-2023 Newshound/Intel Guru Mnt Goat ...the news today is still all about the dinar...Surprisingly enough the second rate change has not yet come out. Today the 2023-three-year budget just arrived at Parliament for the readings...So, the budget must first get voted on in the cabinet then it gets passed on to Parliament for the legal two readings, makes amendments and can vote on it or send it back to the cabinet for revision. Article: "EARLY NEXT WEEK.. PARLIAMENTARY SESSION TO READ THE 2023 BUDGET" Quote: "...there may be a parliament session next Saturday or Sunday to conduct the first and second reading of the budget law," So, here is proof of where the 2023 budget is...
3-16-2023 Newshound Guru Clare Article: "Central Bank Governor: We are working with the government to make the dinar the main currency in the Iraqi market" Quote: "...goals is to maintain the general level of prices, that is, the strength of the currency locally and the exchange rate, which represents the strength of the currency externally...he added he will take the necessary legal steps in the context of the dinar being a major currency prevailing in the market, in cooperation with the government...
3-16-2023 Guru Nader From The Mid East Like I told you before it's a waiting game...one morning, one day it's gonna come out. They're gonna go 'let's RV'. But believe me it's not gonna be 1 to 1. You'll never see it at 1 to 1. You'll see it higher than 1 to 1. You'll see at $3, $3.28, $3.60, $3.80 but you'll never see it at 1 to 1...There is no 1 to 1. If they're going to reinstate it then they're gonna throw it to Forex and it's gonna be stronger than that...
3-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us we will have currency to match other currencies including lower notes. This is telling us what's about to happen... FRANK: They are bombarding you and preparing you and giving you every reason reason not to fail this monetary reform.
3-16-2023 Intel Guru MarkZ [via PDK] There is very little news from the Iraqi front today. This is understandable with the overwhelming amount of news we have had earlier this week…its all been positive. The budget is moving way faster than expected.
3-16-2023 Newshound Guru Sandy Ingram To our knowledge, the budget does not include information or provisions for a rate change. However, this does not mean a float or rate change is totally out of the picture.
3-16-2023 Newshound Guru Pimpy Article: "Al-Sudani returns to Baghdad after concluding his visit to the Kurdistan region" Al-Sudani just got back from being over there in Kurdistan. We know he was over there ironing out the last of the details necessary for them to come up with an agreement on hydrocarbon laws. I'm excited about that but I'm more eager about them signing it so we know it's official.
3-16-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars" THE CENTRAL BANK ISSUES MANY NEW REFORM STEPS FOR THE NEW EXCHANGE RATE AND THE NEW CURRENCY!
3-16-2023 Intel Guru MarkZ [via PDK] Member Question: $4.30 rate for dinar? MarkZ Answer: That’s a rumor at this point. Is it possible? Yes it is. Many of us have direct contacts on the ground over there like contractors , CBI employees , government workers…and they say the rate has not been announced yet. But it is possible that could be the rate….
3-16-2023 Newshound/Intel Guru Mnt Goat Article: "THE OIL AND GAS LAW IS IN ITS FINAL STAGES OF APPROVAL" Coincidental? All the pieces to the puzzle are coming together very quickly now…
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3-15-2023 Intel Guru MarkZ [via PDK] Member comment: I heard to start looking for RV overnight tonight. MarkZ: I’m not looking for it tonight…that may be premature…but I know a lot of bankers that are suddenly looking for it overnight tonight. Most of the chatter out of Iraq is looking at this weekend... Remember we do not know the timing…but the chatter is exceptionally good.
3-15-2023 Newshound Guru Pimpy How far are we from passing a budget? And this budget isn't for just one year. This budget tentatively is for 3 years. Article "Parliament Finance: Parliament will need 30-45 days to pass the budget" It's going to take a little time. We went form possibly the end of March to early the middle of April to now possibly...sometime in May.
3-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-15-2023 Newshound Guru Henig Article "The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars" Quote " the official exchange rate of "1320" dinars per dollar will be calculated by the electronic payment card issued by the licensed authorities when used abroad,"
3-15-2023 Intel Guru Frank26 Not only do you see your budget as Sudani promised but you see it for the next 3 years. That is telling you they are preparing the economic reform because the monetary reform was extremely successful. The next step is for your national currency to float and to add value to it. It's going to be a long process too but we're going in the right direction...it's a beautiful day in Iraq . It's a beautiful day in the neighborhood. Amen!
3-15-2023 Newshound Guru Militia Man They didn't push these guys over the edge to get them off the dollar for no reason...they did it for them to get on the dinar...De-dollarization of the country - Everybody's got to go to the dinar...they're not going to be using the dollar. They're getting them physically prepared to do that...they're going to an economy that's going to be able to be vibrant. It's going to have transparency. It's going to have less corruption.
3-15-2023 Guru Nader From The Mid East Remember I told you the dinar gonna change rate not a lot? I said to 1260 or 1160 and it changed to 1310...That rate is just to scare people to bring their dollars to the bank and it's gonna be another rate change like that just to scare people before reinstatement. It's not going to be 1 to 1...not...$1.60 to 1. There's gonna be $3.28 to 1...Maybe more...it doesn't go more than $4...It's a little too early still. A lot of processes they'll have to go through. Be patient...smile...keep working. Keep happy...it's a waiting game.
3-15-2023 Newshound Guru Sandy Ingram Iraq's cabinet has approved a draft budget law for 2023 to 2025, which will now be referred to parliament for approval and possible amendments. The operational expenditures stands at 150.27 trillion dinar or about $115.59 billion. Investment expenditures will be about $35.58 billion. The budget calculations are based on an oil price of $70 a barrel with average daily output of 3.5 million barrels...this is the first time Iraq is proposing a multi-year budget...
3-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is now saying any issues that were with Erbil and Kurdistan are all removed. First time in 18 years. FRANK: How many time did I tell you not to worry about it!
3-15-2023 Newshound Guru Pimpy One of the major stepping stones for Iraq is to get an agreement between Kurdistan and the federal Iraqi government and it looks like it's about to be done. This would be the Hydrocarbon Law, the Gas Law is what we're talking about. It looks like it's going to be signed but until it's signed just keep your fingers crossed.
3-15-2023 Intel Guru MarkZ [via PDK] Ides of March starts today and I am hearing a whole heck of a lot of chatter for the next few days. This has me pretty excited...My banking contacts are still of the mindset that we are going to see something around the 20th or so...
3-15-2023 Newshound Guru Henig Article: "Al-Sudani Advisor: The draft approval of the budget for the coming years remains indicative and amendable" Quote: "The draft approval of the budget for the coming years by the Council of Ministers remains indicative and amendable according to oil prices and the nature of revenues and expenditures in the coming years..."
3-15-2023 Intel Guru Frank26 You now have the budget. Therefore, beyond logic the new exchange rate is soon to show itself.
3-15-2023 Newshound Guru Militia Man MarkZ Question: Many ask me if you want to make a guess of what you think rates might be. Militia Man Answer: My understanding is the IMF have the ability to go as high as 3 times the Special Drawing Rights. That is what they could do…it doesn’t mean that’s what they will do. They test systems to what the region can handle. The Real Effective Exchange rate (REER) can be derived from many different things . They are going to come up with a rate that is strong and stable and rebuild the country.
3-15-2023 Newshound/Intel Guru Mnt Goat [via PDK] ...in the news we witnessed yet another currency reform implemented by the CBI when the Central Bank decided in the ATMs to use only the local currency of the dinar. WOW! Previously they could use both dollars and dinars. I was also told by my CBI contact a week ago that they will soon be recalibrating the ATMs to dispense the lower denominations…
3-15-2023 Intel Guru MarkZ [via PDK] Member comment: I heard to start looking for RV overnight tonight. MarkZ: I’m not looking for it tonight…that may be premature…but I know a lot of bankers that are suddenly looking for it overnight tonight. Most of the chatter out of Iraq is looking at this weekend... Remember we do not know the timing…but the chatter is exceptionally good.
3-15-2023 Newshound Guru Pimpy How far are we from passing a budget? And this budget isn't for just one year. This budget tentatively is for 3 years. Article "Parliament Finance: Parliament will need 30-45 days to pass the budget" It's going to take a little time. We went form possibly the end of March to early the middle of April to now possibly...sometime in May.
3-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-15-2023 Newshound Guru Henig Article "The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars" Quote " the official exchange rate of "1320" dinars per dollar will be calculated by the electronic payment card issued by the licensed authorities when used abroad,"
3-15-2023 Intel Guru Frank26 Not only do you see your budget as Sudani promised but you see it for the next 3 years. That is telling you they are preparing the economic reform because the monetary reform was extremely successful. The next step is for your national currency to float and to add value to it. It's going to be a long process too but we're going in the right direction...it's a beautiful day in Iraq . It's a beautiful day in the neighborhood. Amen!
3-15-2023 Newshound Guru Militia Man They didn't push these guys over the edge to get them off the dollar for no reason...they did it for them to get on the dinar...De-dollarization of the country - Everybody's got to go to the dinar...they're not going to be using the dollar. They're getting them physically prepared to do that...they're going to an economy that's going to be able to be vibrant. It's going to have transparency. It's going to have less corruption.
3-15-2023 Guru Nader From The Mid East Remember I told you the dinar gonna change rate not a lot? I said to 1260 or 1160 and it changed to 1310...That rate is just to scare people to bring their dollars to the bank and it's gonna be another rate change like that just to scare people before reinstatement. It's not going to be 1 to 1...not...$1.60 to 1. There's gonna be $3.28 to 1...Maybe more...it doesn't go more than $4...It's a little too early still. A lot of processes they'll have to go through. Be patient...smile...keep working. Keep happy...it's a waiting game.
3-15-2023 Newshound Guru Sandy Ingram Iraq's cabinet has approved a draft budget law for 2023 to 2025, which will now be referred to parliament for approval and possible amendments. The operational expenditures stands at 150.27 trillion dinar or about $115.59 billion. Investment expenditures will be about $35.58 billion. The budget calculations are based on an oil price of $70 a barrel with average daily output of 3.5 million barrels...this is the first time Iraq is proposing a multi-year budget...
3-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is now saying any issues that were with Erbil and Kurdistan are all removed. First time in 18 years. FRANK: How many time did I tell you not to worry about it!
3-15-2023 Newshound Guru Pimpy One of the major stepping stones for Iraq is to get an agreement between Kurdistan and the federal Iraqi government and it looks like it's about to be done. This would be the Hydrocarbon Law, the Gas Law is what we're talking about. It looks like it's going to be signed but until it's signed just keep your fingers crossed.
3-15-2023 Intel Guru MarkZ [via PDK] Ides of March starts today and I am hearing a whole heck of a lot of chatter for the next few days. This has me pretty excited...My banking contacts are still of the mindset that we are going to see something around the 20th or so...
3-15-2023 Newshound Guru Henig Article: "Al-Sudani Advisor: The draft approval of the budget for the coming years remains indicative and amendable" Quote: "The draft approval of the budget for the coming years by the Council of Ministers remains indicative and amendable according to oil prices and the nature of revenues and expenditures in the coming years..."
3-15-2023 Intel Guru Frank26 You now have the budget. Therefore, beyond logic the new exchange rate is soon to show itself.
3-15-2023 Newshound Guru Militia Man MarkZ Question: Many ask me if you want to make a guess of what you think rates might be. Militia Man Answer: My understanding is the IMF have the ability to go as high as 3 times the Special Drawing Rights. That is what they could do…it doesn’t mean that’s what they will do. They test systems to what the region can handle. The Real Effective Exchange rate (REER) can be derived from many different things . They are going to come up with a rate that is strong and stable and rebuild the country.
3-15-2023 Newshound/Intel Guru Mnt Goat [via PDK] ...in the news we witnessed yet another currency reform implemented by the CBI when the Central Bank decided in the ATMs to use only the local currency of the dinar. WOW! Previously they could use both dollars and dinars. I was also told by my CBI contact a week ago that they will soon be recalibrating the ATMs to dispense the lower denominations…
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3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are urging citizens to hold on to their dinars...they are telling us more each day... FRANK: Either this week or next week they will start to show you your new small category notes and your new exchange rate that will go along with them...it's exciting...you're going to take your 3-zero notes and turn them in for new purchasing power with the new small category notes. [Post 2 of 2]
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see more news and they're coming at us as alerts in the financial news. This is the first time we've seen something like this. They're telling us to hold onto our dinars. They're saying we will have more value added to it soon. And then they tell us for the first time that we will be able to exchange our 3-zero notes. They're saying the plan will be brought to light very soon. [Post 1 of 2....stay tuned]
3-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-14-2023 Intel Guru MarkZ [via PDK] I continue to get positive stuff out of Iraq…both in the budget and the rates. The chatter has started over there on lower denominations. Question: Do you think the RV will be released on Ramadan? (Mar. 22) Answer: It could possibly go on Ramadan …I was told long ago they would like to release it right before or early on Ramadan because the people are celebrating. And the RV will be a celebration for the Iraqi people.
3-14-2023 Newshound Guru Pimpy Article: "Cabinet approves draft budget law for 2023, 2024 and 2025" ...The budget is set for the next 3 years...For some reason it's really hard for them to pass the budget. So Al-Sudani did the smart thing. He said, 'We will pass a 3-year budget.' What does that mean about the Iraqi dinar rate? If they're not going to change the budget then that means they're not going to change the rate. I'm not saying it can't be changed...they can make amendments. If something pops up and it looks like an opportunity for them to change the rate, they'll change it but it look like everything is sent for the next 3 years. Remember they told us they wouldn't change the Iraqi dinar rate for at least 5 years. That ends in 2025. Is that a coincidence? I don't know. We'll find out.
3-14-2023 Newshound Guru Clare Article: "Minister of Industry: Iraq is the first in the world in sulfur reserves"
3-14-2023 Newshound Guru Militia Man Now that Alaq is back for a stint at the CBI - I think we can see we are at the last stage of the game.
3-14-2023 Guru Nader From The Mid East Wait till we see what's in the budget because nobody knows what's in the budget. They can do whatever they want. The budget is not out there yet. They're not working with it yet but they're going to start working with it soon. As soon as they start working with the budget things are going to change quicker. A lot faster. I don't now about the exchange rate but the rest I know. It's going to be a lot better and it's gonna make a lot of things better...
3-14-2023 Newshound Guru Sandy Ingram I do research on Iraq almost every day of my life. So it would be natural for the search engines to populate information about travel to Iraq on my home page...I guess the search engines knew I wanted to travel to Iraq but I would never type that into the search so it may be true that Google and Bing know more about us than we know about
ourselves...Those of you who would say at this point what does this have to do with the IQD exchange rate? I say to you - everything. Connect the dots people. Connect the dots.
3-14-2023 Intel Guru MarkZ [via PDK] Question: Could this be our week? MarkZ answer: Absolutely it could …we are in a sweet spot right now...We have banks struggling to stay afloat…we have everybody waiting for the next shoe to fall…We have the Iraq budget passed…the HCL law submitted to be passed…We are in the best spot we have ever been in the entire history of this thing.
3-14-2023 Intel Guru Frank26 They got the budget...you know what else? They got themselves a budget for the next three years. How serious is Sudani? Have you ever seen a budget, let alone for the next 3 years? How serious is Suandi about what he's going to do with the economic reforms thanks to the success of the monetary reform? Tremendous...you cannot project with a program rate.
3-14-2023 Newshound Guru Pimpy I got all kinds of people excited in my group talking about, 'man, did you hear? ...Iraq is international!' ...I was like International? What? House of Pancakes? What does that mean? It doesn't make any sense to me whatsoever...What do you mean they're going international? Nobody can answer...I don't know what that means they're going international...what is going international?
3-14-2023 Intel Guru RayRen98 I'm so excited, and I just can't hide it. I know, I know, I know I see an RV! A SHO-NUFF RV! I'M EXPECTING THE "REST" OF MY MIRACLE...ANY DAY NOW!
3-14-2023 Intel Guru MarkZ [via PDK] ...this is a great time with countries floundering and banks floundering and have a real need for liquidity…for revaluing the Iraqi dinar and letting it go. A lot of countries issues would be solved by allowing Iraq to move forward with a rate of at least $1.50…but I keep hearing…like Sudano said…they are going to return the dinar to its former glory which is over $3 something...
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are urging citizens to hold on to their dinars...they are telling us more each day... FRANK: Either this week or next week they will start to show you your new small category notes and your new exchange rate that will go along with them...it's exciting...you're going to take your 3-zero notes and turn them in for new purchasing power with the new small category notes. [Post 2 of 2]
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see more news and they're coming at us as alerts in the financial news. This is the first time we've seen something like this. They're telling us to hold onto our dinars. They're saying we will have more value added to it soon. And then they tell us for the first time that we will be able to exchange our 3-zero notes. They're saying the plan will be brought to light very soon. [Post 1 of 2....stay tuned]
3-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-14-2023 Intel Guru MarkZ [via PDK] I continue to get positive stuff out of Iraq…both in the budget and the rates. The chatter has started over there on lower denominations. Question: Do you think the RV will be released on Ramadan? (Mar. 22) Answer: It could possibly go on Ramadan …I was told long ago they would like to release it right before or early on Ramadan because the people are celebrating. And the RV will be a celebration for the Iraqi people.
3-14-2023 Newshound Guru Pimpy Article: "Cabinet approves draft budget law for 2023, 2024 and 2025" ...The budget is set for the next 3 years...For some reason it's really hard for them to pass the budget. So Al-Sudani did the smart thing. He said, 'We will pass a 3-year budget.' What does that mean about the Iraqi dinar rate? If they're not going to change the budget then that means they're not going to change the rate. I'm not saying it can't be changed...they can make amendments. If something pops up and it looks like an opportunity for them to change the rate, they'll change it but it look like everything is sent for the next 3 years. Remember they told us they wouldn't change the Iraqi dinar rate for at least 5 years. That ends in 2025. Is that a coincidence? I don't know. We'll find out.
3-14-2023 Newshound Guru Clare Article: "Minister of Industry: Iraq is the first in the world in sulfur reserves"
3-14-2023 Newshound Guru Militia Man Now that Alaq is back for a stint at the CBI - I think we can see we are at the last stage of the game.
3-14-2023 Guru Nader From The Mid East Wait till we see what's in the budget because nobody knows what's in the budget. They can do whatever they want. The budget is not out there yet. They're not working with it yet but they're going to start working with it soon. As soon as they start working with the budget things are going to change quicker. A lot faster. I don't now about the exchange rate but the rest I know. It's going to be a lot better and it's gonna make a lot of things better...
3-14-2023 Newshound Guru Sandy Ingram I do research on Iraq almost every day of my life. So it would be natural for the search engines to populate information about travel to Iraq on my home page...I guess the search engines knew I wanted to travel to Iraq but I would never type that into the search so it may be true that Google and Bing know more about us than we know about
ourselves...Those of you who would say at this point what does this have to do with the IQD exchange rate? I say to you - everything. Connect the dots people. Connect the dots.
3-14-2023 Intel Guru MarkZ [via PDK] Question: Could this be our week? MarkZ answer: Absolutely it could …we are in a sweet spot right now...We have banks struggling to stay afloat…we have everybody waiting for the next shoe to fall…We have the Iraq budget passed…the HCL law submitted to be passed…We are in the best spot we have ever been in the entire history of this thing.
3-14-2023 Intel Guru Frank26 They got the budget...you know what else? They got themselves a budget for the next three years. How serious is Sudani? Have you ever seen a budget, let alone for the next 3 years? How serious is Suandi about what he's going to do with the economic reforms thanks to the success of the monetary reform? Tremendous...you cannot project with a program rate.
3-14-2023 Newshound Guru Pimpy I got all kinds of people excited in my group talking about, 'man, did you hear? ...Iraq is international!' ...I was like International? What? House of Pancakes? What does that mean? It doesn't make any sense to me whatsoever...What do you mean they're going international? Nobody can answer...I don't know what that means they're going international...what is going international?
3-14-2023 Intel Guru RayRen98 I'm so excited, and I just can't hide it. I know, I know, I know I see an RV! A SHO-NUFF RV! I'M EXPECTING THE "REST" OF MY MIRACLE...ANY DAY NOW!
3-14-2023 Intel Guru MarkZ [via PDK] ...this is a great time with countries floundering and banks floundering and have a real need for liquidity…for revaluing the Iraqi dinar and letting it go. A lot of countries issues would be solved by allowing Iraq to move forward with a rate of at least $1.50…but I keep hearing…like Sudano said…they are going to return the dinar to its former glory which is over $3 something...
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3-13-2023 Intel Guru Frank26 Question: "What will the REER be?" That's the Real Effective Exchange Rate of the Iraqi dinar and it's no 1300 to 1. That's ridiculous. So what is the REER? When we went there in 2003 every dinar was $3.22. When you add inflation factors to it 2 decades later 1 to 1 is an insult. At least catch up to the Middle East - $3.40...somewhere in that ballpark...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: I believe that too …and they are de-dollarizing…and will only use the dinar. They have been talking about that for weeks...On Mar 6th they sent out messages to their citizens reminding them that their currency is going to be stronger. What they mean by “stronger” is still to be determined , and they are talking about releasing the lower notes that will mirror the denominations of other countries…and you would need a stronger dinar to warrant that. That’s a big thing. [post 3 of 3]
3-13-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man MarkZ: I have one contractor who got a partial payment on a 7 day contract. Militia Man: The one I know got a partial payout as well. With expectation of the final payment on the 20th of March. MarkZ: To me this is huge. The partial payment was NOT at the current rate of the dinar. I am confident that the numbers are changing and they know what they are. [post 2 of 3....stay tuned]
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: ...There is always some good news out there. One of the things that caught my eyes is a recent visit from the Ayatollah Al Sistani. He had a few words to say about the Iraqi currency. He was basically reassuring the citizens that they can now trade it and sell around the world with other currencies...I know there are people with contracts that do business with the country of Iraq and are excited. MarkZ: I have contractors over there that work building infrastructure and they are excited. Militiaman: They should be…Some of the contracts I know have a 30 day timeline and some have a 7 day timeline. I know of one with a 30 day timeline that ends about Mar 20th…a week from today. So we will see how that works. [post 1 of 3....stay tuned]
3-13-2023 Newshound Guru Pimpy Nothing in this world would make me happier than to wake up tomorrow and find out that they did change the rate to $3 or whatever the hell it is that people keep saying...and me be wrong...I'd come on here...apologizing, telling everybody how wrong I was...
3-13-2023 Newshound Guru Militia Man At this stage of the game we're in a good place...
3-13-2023 Newshound Guru Sandy Ingram Article: "Iraq's central FX receivers rose to $96 ben, prime minister says" We already know the Iraqi government has over 85 billion U.S. dollars in foreign currency reserves...Iraq uses the U.S. Federal Reserve as a piggy bank.
3-13-2023 Intel Guru Frank26 IMO now we're down to a matter of days. It is not soon. It is not next week. I think it is this week. [for a new rate and new small category note articles] ...this is amazing what's happened with this monetary reform...
3-13-2023 Newshound Guru Clare Article: "The Cabinet approved the draft budget law for the years 2023, 2024 and 2025" Quote: "...in its regular session chaired by the Prime Minister, Muhammad Shia'a Al-Sudani, and refers it to the House of Representatives."
3-13-2023 Intel Guru MarkZ [via PDK] Bankers are scrambling this morning with final preparations…they believe we are about to see it over the next day or two. Some Iraq news. “Iraqi cabinet approves the budget bill for 2023-2025 and sends to parliament” So they are covering 3 years. It has made it out of the cabinet and gone to the parliament …Now parliament needs to pass it. This is huge news for us.
3-13-2023 Guru Nader From The Mid East Everybody's asking me if they can send money to Iraq with Apple Pay or a cash app. Tell you the truth I didn't try it and didn't try it in any country. I gotta try it to see. I never sent money with cash app to another country or Apple...We're gonna try tonight and I'll let you know...I know I can send money with Western Union. I can send money bank transfer. Yes, I can do that. Apps I've never tried so I gotta try it...Give me a couple days and I'll let you know. I know it's [dinar] international for sure. My friend told me and I saw 2 articles too.
3-13-2023 Newshound Guru Clare Article: "Adviser to the Prime Minister: Approval of the budget in a special session of the Council of Ministers tomorrow" Quote: "Adviser to the Prime Minister Diaa Al-Nasseri announced that the draft budget law for the current year 2023 will be approved in a special session of the Council of Ministers tomorrow, Monday."
3-13-2023 Newshound Guru Clare Article: "Taif Sami announces the completion of the "2023 budget" and sends it to the Council of Ministers for a vote"
3-13-2023 Intel Guru Wolverine I’m expecting big news from Zurich and Reno today guys. Let’s pray that we finally get that miracle call that we have all been waiting for so long.
3-13-2023 Intel Guru Frank26 Question: "What will the REER be?" That's the Real Effective Exchange Rate of the Iraqi dinar and it's no 1300 to 1. That's ridiculous. So what is the REER? When we went there in 2003 every dinar was $3.22. When you add inflation factors to it 2 decades later 1 to 1 is an insult. At least catch up to the Middle East - $3.40...somewhere in that ballpark...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: I believe that too …and they are de-dollarizing…and will only use the dinar. They have been talking about that for weeks...On Mar 6th they sent out messages to their citizens reminding them that their currency is going to be stronger. What they mean by “stronger” is still to be determined , and they are talking about releasing the lower notes that will mirror the denominations of other countries…and you would need a stronger dinar to warrant that. That’s a big thing. [post 3 of 3]
3-13-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man MarkZ: I have one contractor who got a partial payment on a 7 day contract. Militia Man: The one I know got a partial payout as well. With expectation of the final payment on the 20th of March. MarkZ: To me this is huge. The partial payment was NOT at the current rate of the dinar. I am confident that the numbers are changing and they know what they are. [post 2 of 3....stay tuned]
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: ...There is always some good news out there. One of the things that caught my eyes is a recent visit from the Ayatollah Al Sistani. He had a few words to say about the Iraqi currency. He was basically reassuring the citizens that they can now trade it and sell around the world with other currencies...I know there are people with contracts that do business with the country of Iraq and are excited. MarkZ: I have contractors over there that work building infrastructure and they are excited. Militiaman: They should be…Some of the contracts I know have a 30 day timeline and some have a 7 day timeline. I know of one with a 30 day timeline that ends about Mar 20th…a week from today. So we will see how that works. [post 1 of 3....stay tuned]
3-13-2023 Newshound Guru Pimpy Nothing in this world would make me happier than to wake up tomorrow and find out that they did change the rate to $3 or whatever the hell it is that people keep saying...and me be wrong...I'd come on here...apologizing, telling everybody how wrong I was...
3-13-2023 Newshound Guru Militia Man At this stage of the game we're in a good place...
3-13-2023 Newshound Guru Sandy Ingram Article: "Iraq's central FX receivers rose to $96 ben, prime minister says" We already know the Iraqi government has over 85 billion U.S. dollars in foreign currency reserves...Iraq uses the U.S. Federal Reserve as a piggy bank.
3-13-2023 Intel Guru Frank26 IMO now we're down to a matter of days. It is not soon. It is not next week. I think it is this week. [for a new rate and new small category note articles] ...this is amazing what's happened with this monetary reform...
3-13-2023 Newshound Guru Clare Article: "The Cabinet approved the draft budget law for the years 2023, 2024 and 2025" Quote: "...in its regular session chaired by the Prime Minister, Muhammad Shia'a Al-Sudani, and refers it to the House of Representatives."
3-13-2023 Intel Guru MarkZ [via PDK] Bankers are scrambling this morning with final preparations…they believe we are about to see it over the next day or two. Some Iraq news. “Iraqi cabinet approves the budget bill for 2023-2025 and sends to parliament” So they are covering 3 years. It has made it out of the cabinet and gone to the parliament …Now parliament needs to pass it. This is huge news for us.
3-13-2023 Guru Nader From The Mid East Everybody's asking me if they can send money to Iraq with Apple Pay or a cash app. Tell you the truth I didn't try it and didn't try it in any country. I gotta try it to see. I never sent money with cash app to another country or Apple...We're gonna try tonight and I'll let you know...I know I can send money with Western Union. I can send money bank transfer. Yes, I can do that. Apps I've never tried so I gotta try it...Give me a couple days and I'll let you know. I know it's [dinar] international for sure. My friend told me and I saw 2 articles too.
3-13-2023 Newshound Guru Clare Article: "Adviser to the Prime Minister: Approval of the budget in a special session of the Council of Ministers tomorrow" Quote: "Adviser to the Prime Minister Diaa Al-Nasseri announced that the draft budget law for the current year 2023 will be approved in a special session of the Council of Ministers tomorrow, Monday."
3-13-2023 Newshound Guru Clare Article: "Taif Sami announces the completion of the "2023 budget" and sends it to the Council of Ministers for a vote"
3-13-2023 Intel Guru Wolverine I’m expecting big news from Zurich and Reno today guys. Let’s pray that we finally get that miracle call that we have all been waiting for so long.
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3-12-2023 Intel Guru Frank26 Question: "If you were to purchase dinar would you buy the 25K note or 50K notes and what year or does it matter?" It doesn't really matter. I suppose it matters for someone that has a limited amount and they're looking for diversification. For example if you have a 50K note - you've got to exchange that 50k note but if you have two 25k notes you can exchange one and hold onto the other one.
3-12-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-12-2023 Newshound Guru Sandy Ingram Article: "Iraq: Government orders audit of official's funds" Iraq is considered one of the most corrupt countries in the world. It ranks 157th out of 180 nations on the Transparency International 2021 Corruption Index. The fact Iraq is now ordering the officials bank accounts to be audited is a big step towards stopping the flow of corruption and increasing the value of the currency.
3-12-2023 Intel Guru Frank26 Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" THEY TELL THE IRAQI CITIZENS THIS BECAUSE IT'S PART OF THE MONETARY REFORM EDUCATION & THE NATIONAL CURRENCY IS ABOUT TO BECOME POWERFUL! [NOTE: See the world's most valuable currency list in Guru Clare's post from yesterday below]
3-12-2023 Newshound Guru Breitling Iraq, what are they looking at? ...using the yuan, the euro and other currencies. They know the US dollar supply is going to retract. So they have to add value to the currency...every one is still fighting for the US dollar. The US dollar is going to be king...this is a massive game-changer because they have to do it [Change the value of the dinar].
3-12-2023 Newshound Guru Pimpy Article: "Kuwait Dinar First and US dollar Tenth: The 10 Strongest Coins in the World" What I think is cool...you have the Kuwait dinar, Bahrami dinar, the Jordanian dinar - so if dinar is part of your currency name it looks pretty promising. I can already hear you guys, 'There's no reason why Iraq can't be up there!" Well there's plenty of reason why it can't be up there but if we're just being honest...there's no reason why they couldn't be up here. I'm not saying it's going to happen overnight. It's going to happen over time...in increments. But there's no reason for them not to be on this list other than the fact that they're corrupt and they can't get their crap together.
3-12-2023 Guru Nader From The Mid East My friend from California called me and gave me great news. He's amazing...very smart guy, very sharp. He said...'you guys are international'...I can send you money from Iran and you revise it in dollar. You can send money anywhere in the world - you'll receive it in your currency wherever you are. We are International...That's good news. That's great news. We are international.
3-12-2023 Newshound/Intel Gurus Walkingstick & Frank26 The introduction of a float, which is coming, will give us the true value of the IQD...
3-12-2023 Intel Guru MarkZ [via PDK] We know when the money was spent in Iraq to print the lower denominations. “The Central bank announces the imminent introductions of large quantities of small denominations of the currency” this was Oct. 4th 2018. This is where they spent the money with DeLaRue to create these lower denominations.
3-12-2023 Intel Guru Frank26 Question: "If you were to purchase dinar would you buy the 25K note or 50K notes and what year or does it matter?" It doesn't really matter. I suppose it matters for someone that has a limited amount and they're looking for diversification. For example if you have a 50K note - you've got to exchange that 50k note but if you have two 25k notes you can exchange one and hold onto the other one.
3-12-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-12-2023 Newshound Guru Sandy Ingram Article: "Iraq: Government orders audit of official's funds" Iraq is considered one of the most corrupt countries in the world. It ranks 157th out of 180 nations on the Transparency International 2021 Corruption Index. The fact Iraq is now ordering the officials bank accounts to be audited is a big step towards stopping the flow of corruption and increasing the value of the currency.
3-12-2023 Intel Guru Frank26 Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" THEY TELL THE IRAQI CITIZENS THIS BECAUSE IT'S PART OF THE MONETARY REFORM EDUCATION & THE NATIONAL CURRENCY IS ABOUT TO BECOME POWERFUL! [NOTE: See the world's most valuable currency list in Guru Clare's post from yesterday below]
3-12-2023 Newshound Guru Breitling Iraq, what are they looking at? ...using the yuan, the euro and other currencies. They know the US dollar supply is going to retract. So they have to add value to the currency...every one is still fighting for the US dollar. The US dollar is going to be king...this is a massive game-changer because they have to do it [Change the value of the dinar].
3-12-2023 Newshound Guru Pimpy Article: "Kuwait Dinar First and US dollar Tenth: The 10 Strongest Coins in the World" What I think is cool...you have the Kuwait dinar, Bahrami dinar, the Jordanian dinar - so if dinar is part of your currency name it looks pretty promising. I can already hear you guys, 'There's no reason why Iraq can't be up there!" Well there's plenty of reason why it can't be up there but if we're just being honest...there's no reason why they couldn't be up here. I'm not saying it's going to happen overnight. It's going to happen over time...in increments. But there's no reason for them not to be on this list other than the fact that they're corrupt and they can't get their crap together.
3-12-2023 Guru Nader From The Mid East My friend from California called me and gave me great news. He's amazing...very smart guy, very sharp. He said...'you guys are international'...I can send you money from Iran and you revise it in dollar. You can send money anywhere in the world - you'll receive it in your currency wherever you are. We are International...That's good news. That's great news. We are international.
3-12-2023 Newshound/Intel Gurus Walkingstick & Frank26 The introduction of a float, which is coming, will give us the true value of the IQD...
3-12-2023 Intel Guru MarkZ [via PDK] We know when the money was spent in Iraq to print the lower denominations. “The Central bank announces the imminent introductions of large quantities of small denominations of the currency” this was Oct. 4th 2018. This is where they spent the money with DeLaRue to create these lower denominations.
3-11-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-11-2023 Intel Guru Frank26 Historically when has Iraq made a move/a change in their monetary structure? What months of the year does that normally happen? The answer is April and September. Therefor IMO March has a good chance for them to show them everything/explain everything to them and in April walk into the new exchange with a new currency...
3-11-2023 Newshound Guru Pimpy Inside Iraq they're gonna start using the dinars and start getting away from the American dollar. That's what they need to do if they want to strengthen their currency. They're going to have to pull away from using the US dollar. Not to mention there's already the gap between the official rate and the black market rate is getting wider again. One of the ways you can help tamper that down is stop offering the US dollars. Iraq is heading in that direction. Their ATMs are going to be dinars only. They're going to be limiting people to the amount of dollars they can have...that's a good thing for Iraq . It's a step in the right direction.
3-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-11-2023 Guru Nader From The Mid East There's no choice of Iraq using their own currency. We have to use our own currency...it's gonna change soon...the dinar would be always stronger than dollar...3x or 4x [more valuable than the US dollar]...
3-11-2023 Newshound Guru Sandy Ingram There are rumors Iraq has been told not to revalue the currency below a set amount...[we're] neither able to confirm or deny these rumors...
3-11-2023 Newshound Guru Clare Article Continued: "Here are the 10 most powerful currencies: 1. The Kuwaiti dinar - Is the strongest currency in the world..buys 3.26 US dollars (or in other words, 1 US dollar is equivalent to 0.31 Kuwaiti dinars, meaning that every Kuwaiti dinar is equivalent to about 3 dollars). 2. The Bahraini dinar - one Bahraini dinar buying 2.65 US dollars (or one dollar equals 0.38 Bahraini dinars). 3. The Omani Rial 4. The Jordanian dinar 5. Sterling 6. The Cayman Islands dollar 7. Gibraltar pound 8. Swiss francs 9. EUR 10. US dollars" [Post 2 of 2]
3-11-2023 Newshound Guru Clare Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" Quote: "The American "Forbes" magazine stated that the US dollar is not the strongest currency in the world, but rather the Kuwaiti dinar, and with a big difference between them. The American magazine stated that the US dollar is generally seen as the most powerful currency in the world, adding that it is the most traded currency on the world stage, but it is surprising that the "dollar" is not the most powerful paper currency, among the world's 180 legally recognized currencies. all over the world. [Post 1 of 2....stay tuned]
3-11-2023 Intel Guru MarkZ [via PDK] IMO we are on the cusp of this. There is a lot of news showing the stage is being set for this week... MEMBER QUESTION: Mark do you believe we are now in a window for new currency and a 1 to 1 rate to come to fruition? Yes. Although I believe our rate will be higher.
3-11-2023 Newshound Guru Militia Man You haven't seen Al-Sadr come into play. He hasn't forced thousands or tens of thousands of people into the street so he must be confident that what he's seeing is the reforms are on their way...
3-11-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq decides to use only the local currency at ATMs". THE MONETARY REFORM NOW DEMANDS... THE NSCN's [New Small Category Note]!
3-11-2023 Guru Nader From The Mid East What I'm gonna show you today I'm not sure about. Somebody send it to me...they sent me the video of it...I'm not sure. I don't know if this guy printed them but I'm gonna show you the fifty new Iraqi dinars...if it's not true it's not me. Somebody send it to me. [UPDATE: It appears this note is the discontinued 50 dinar note. It appears not to be a NSCN. NOTE: Guru Nader shared because it could have turned out to be important...the more eyes we have on things the better.]
3-11-2023 Intel Guru Frank26 Historically when has Iraq made a move/a change in their monetary structure? What months of the year does that normally happen? The answer is April and September. Therefor IMO March has a good chance for them to show them everything/explain everything to them and in April walk into the new exchange with a new currency...
3-11-2023 Newshound Guru Pimpy Inside Iraq they're gonna start using the dinars and start getting away from the American dollar. That's what they need to do if they want to strengthen their currency. They're going to have to pull away from using the US dollar. Not to mention there's already the gap between the official rate and the black market rate is getting wider again. One of the ways you can help tamper that down is stop offering the US dollars. Iraq is heading in that direction. Their ATMs are going to be dinars only. They're going to be limiting people to the amount of dollars they can have...that's a good thing for Iraq . It's a step in the right direction.
3-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-11-2023 Guru Nader From The Mid East There's no choice of Iraq using their own currency. We have to use our own currency...it's gonna change soon...the dinar would be always stronger than dollar...3x or 4x [more valuable than the US dollar]...
3-11-2023 Newshound Guru Sandy Ingram There are rumors Iraq has been told not to revalue the currency below a set amount...[we're] neither able to confirm or deny these rumors...
3-11-2023 Newshound Guru Clare Article Continued: "Here are the 10 most powerful currencies: 1. The Kuwaiti dinar - Is the strongest currency in the world..buys 3.26 US dollars (or in other words, 1 US dollar is equivalent to 0.31 Kuwaiti dinars, meaning that every Kuwaiti dinar is equivalent to about 3 dollars). 2. The Bahraini dinar - one Bahraini dinar buying 2.65 US dollars (or one dollar equals 0.38 Bahraini dinars). 3. The Omani Rial 4. The Jordanian dinar 5. Sterling 6. The Cayman Islands dollar 7. Gibraltar pound 8. Swiss francs 9. EUR 10. US dollars" [Post 2 of 2]
3-11-2023 Newshound Guru Clare Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" Quote: "The American "Forbes" magazine stated that the US dollar is not the strongest currency in the world, but rather the Kuwaiti dinar, and with a big difference between them. The American magazine stated that the US dollar is generally seen as the most powerful currency in the world, adding that it is the most traded currency on the world stage, but it is surprising that the "dollar" is not the most powerful paper currency, among the world's 180 legally recognized currencies. all over the world. [Post 1 of 2....stay tuned]
3-11-2023 Intel Guru MarkZ [via PDK] IMO we are on the cusp of this. There is a lot of news showing the stage is being set for this week... MEMBER QUESTION: Mark do you believe we are now in a window for new currency and a 1 to 1 rate to come to fruition? Yes. Although I believe our rate will be higher.
3-11-2023 Newshound Guru Militia Man You haven't seen Al-Sadr come into play. He hasn't forced thousands or tens of thousands of people into the street so he must be confident that what he's seeing is the reforms are on their way...
3-11-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq decides to use only the local currency at ATMs". THE MONETARY REFORM NOW DEMANDS... THE NSCN's [New Small Category Note]!
3-11-2023 Guru Nader From The Mid East What I'm gonna show you today I'm not sure about. Somebody send it to me...they sent me the video of it...I'm not sure. I don't know if this guy printed them but I'm gonna show you the fifty new Iraqi dinars...if it's not true it's not me. Somebody send it to me. [UPDATE: It appears this note is the discontinued 50 dinar note. It appears not to be a NSCN. NOTE: Guru Nader shared because it could have turned out to be important...the more eyes we have on things the better.]
3-11-2023 Intel Guru MarkZ [via PDK] I am still getting reports that they expect to start training folks on the lower denoms as early as next week. When this does occur I guess there may be a total blackout in communications in Iraq…or canned and recycled news. They will need a few days to keep things quiet…imo. Before they let everyone into the banks.
3-10-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news...saying we're going to be the hub for the trading world for the region as well as to reach international means. Telling us our float will add value to our currency. FRANK: We March into the month of March to show your new exchange rate and your new small category notes and everything you just told me enforces it...
3-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-10-2023 Newshound Guru Sandy Ingram The currency rate still does not show 1300 dinars to $1 U.S. on the international markets. We are waiting for so much more to happen. We know Iraq has the ability but what we have to wonder is if they have the desire...
3-10-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank of Iraq decides to only use local currency at ATM’s” Think about this – their money doesn’t have much value right now…it takes a big stack just to buy groceries or pay bills. But…now the ATMS are only set up to dispense Iraqi dinar. Why would they do this? They are clearly anticipating more value and lower denominations...I am excited on the news we are getting…finally seeing something tangible and real that we can see.
3-10-2023 Newshound Guru Militia Man Regarding dealing with the yuan, which is the Chinese currency, [The council of Ministers] says there's a continuous communication by the Central Bank with Chinese banks in order to activate and allow merchants to directly transfer...Iraq is gearing to be fully international trading dinar for yuan for foreign trade is so timely...I pretty happy about that I think you all should be as well...
3-10-2023 Intel Guru Bruce [via WiserNow] ...we've heard this from three or more different sources - some are saying that we will receive this [notifications] in three to four days, which would be Friday, Saturday, Sunday...or Monday...two other sources has specifically said that we would receive this over the weekend...I just don't know if it's going to stretch us out to early next week...I know it's coming...So we are really, really close...I would think we'd be pretty, pretty good shape for Saturday or Sunday.
3-10-2023 Newshound Guru Pimpy Article: "The Central Bank of Iraq decides to us the local currency only with ATMs" That's good. I'm excited about that. To me it's a big step. It's one of the things you got to do is start getting people away from the US dollar. Get them in the habit of using their local currencies.
3-10-2023 Intel Guru Frank26 Question: "When they get to 1 to 1 will it float internationally immediately?" Yes instantly. One day you're going to wake up and you're going to go to the CBI website and you're going see the new exchange rate. There won't be any jet airplanes flying over Iraq. There won't be any guns going off in celebration. It'll be a normal business day. [NOTE: You can always see the latest CBI official exchange rate in the left column of this page.]
3-10-2023 Intel Guru MarkZ [via PDK] After years of the same old roller coaster...the news has been solid and it’s all good ...everything is prepared and ready. There are rumors in Iraq that the lower denominations could be released next week. [Guru] Nader says he believes it [dinar] will be worth 3 to 4 times than the US dollar. And I believe that is accurate.
3-10-2023 Guru Nader From The Mid East Remember in December...I said when Iraq we started using only dinars that's where you're gonna be happier. You're gonna see the difference...then couple days ago and said, 'Hey Iraq would be using only dinar next couple of days'. That's what happened yesterday...
3-10-2023 Newshound Guru Clare Article: "Sudanese advisor: The "parallel" exchange rate will approach the "official" in this case" Quote: "Saleh said, If the daily sales of the Central Bank of Iraq window reach approximately $200 million per working day and continuously, then certainly the parallel market will shrink and exchange rates in it will approach the fixed central official market"
3-10-2023 Intel Guru Frank26 We are now in the month of March and we're marching into the monetary reform education that we call the 2nd article from the CBI. Very very soon. I still hoping this week...deep in my heart no later than next week IMO there's going to be another article coming out and it's going to show them the new exchange rate and the new small category notes and explain everything to them, including the float.
3-10-2023 Intel Guru MarkZ [via PDK] A good, solid article from the CBI. “The Central Bank decides to use the local currency only at ATMs“ Why is this important? This is their de-dollarization …by only using their dinar it is telling us they think their currency is steady and stable. This is fantastic news.
3-10-2023 Newshound/Intel Guru Mnt Goat The news today from the CBI is flat out telling us and I quote – “ADOPTION OF THE NATIONAL CURRENCY” in Iraq. Yes, this was the CBI itself telling us this news... they already de-pegged from the dollar and we are now just waiting for the second new rate adjustment and then then new basket of currencies that they will re-peg to once they move to FOREX....Folks we are soooooo close to the RV I can hardly maintain myself and stay calm... [post 2 of 2]
3-10-2023 Newshound/Intel Guru Mnt Goat ... Over the weekend I talked to my CBI contact and I was told to expect the second of the two rate changes “within 7 to 14 days”. Then I was also told they needed to begin the education process of the newer lower denominations and we could expect this effort only when we get really close...It is my guess that these newer notes should come out sometime in March or early April... [post 1 of 2....stay tuned]
3-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news...saying we're going to be the hub for the trading world for the region as well as to reach international means. Telling us our float will add value to our currency. FRANK: We March into the month of March to show your new exchange rate and your new small category notes and everything you just told me enforces it...
3-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-10-2023 Newshound Guru Sandy Ingram The currency rate still does not show 1300 dinars to $1 U.S. on the international markets. We are waiting for so much more to happen. We know Iraq has the ability but what we have to wonder is if they have the desire...
3-10-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank of Iraq decides to only use local currency at ATM’s” Think about this – their money doesn’t have much value right now…it takes a big stack just to buy groceries or pay bills. But…now the ATMS are only set up to dispense Iraqi dinar. Why would they do this? They are clearly anticipating more value and lower denominations...I am excited on the news we are getting…finally seeing something tangible and real that we can see.
3-10-2023 Newshound Guru Militia Man Regarding dealing with the yuan, which is the Chinese currency, [The council of Ministers] says there's a continuous communication by the Central Bank with Chinese banks in order to activate and allow merchants to directly transfer...Iraq is gearing to be fully international trading dinar for yuan for foreign trade is so timely...I pretty happy about that I think you all should be as well...
3-10-2023 Intel Guru Bruce [via WiserNow] ...we've heard this from three or more different sources - some are saying that we will receive this [notifications] in three to four days, which would be Friday, Saturday, Sunday...or Monday...two other sources has specifically said that we would receive this over the weekend...I just don't know if it's going to stretch us out to early next week...I know it's coming...So we are really, really close...I would think we'd be pretty, pretty good shape for Saturday or Sunday.
3-10-2023 Newshound Guru Pimpy Article: "The Central Bank of Iraq decides to us the local currency only with ATMs" That's good. I'm excited about that. To me it's a big step. It's one of the things you got to do is start getting people away from the US dollar. Get them in the habit of using their local currencies.
3-10-2023 Intel Guru Frank26 Question: "When they get to 1 to 1 will it float internationally immediately?" Yes instantly. One day you're going to wake up and you're going to go to the CBI website and you're going see the new exchange rate. There won't be any jet airplanes flying over Iraq. There won't be any guns going off in celebration. It'll be a normal business day. [NOTE: You can always see the latest CBI official exchange rate in the left column of this page.]
3-10-2023 Intel Guru MarkZ [via PDK] After years of the same old roller coaster...the news has been solid and it’s all good ...everything is prepared and ready. There are rumors in Iraq that the lower denominations could be released next week. [Guru] Nader says he believes it [dinar] will be worth 3 to 4 times than the US dollar. And I believe that is accurate.
3-10-2023 Guru Nader From The Mid East Remember in December...I said when Iraq we started using only dinars that's where you're gonna be happier. You're gonna see the difference...then couple days ago and said, 'Hey Iraq would be using only dinar next couple of days'. That's what happened yesterday...
3-10-2023 Newshound Guru Clare Article: "Sudanese advisor: The "parallel" exchange rate will approach the "official" in this case" Quote: "Saleh said, If the daily sales of the Central Bank of Iraq window reach approximately $200 million per working day and continuously, then certainly the parallel market will shrink and exchange rates in it will approach the fixed central official market"
3-10-2023 Intel Guru Frank26 We are now in the month of March and we're marching into the monetary reform education that we call the 2nd article from the CBI. Very very soon. I still hoping this week...deep in my heart no later than next week IMO there's going to be another article coming out and it's going to show them the new exchange rate and the new small category notes and explain everything to them, including the float.
3-10-2023 Intel Guru MarkZ [via PDK] A good, solid article from the CBI. “The Central Bank decides to use the local currency only at ATMs“ Why is this important? This is their de-dollarization …by only using their dinar it is telling us they think their currency is steady and stable. This is fantastic news.
3-10-2023 Newshound/Intel Guru Mnt Goat The news today from the CBI is flat out telling us and I quote – “ADOPTION OF THE NATIONAL CURRENCY” in Iraq. Yes, this was the CBI itself telling us this news... they already de-pegged from the dollar and we are now just waiting for the second new rate adjustment and then then new basket of currencies that they will re-peg to once they move to FOREX....Folks we are soooooo close to the RV I can hardly maintain myself and stay calm... [post 2 of 2]
3-10-2023 Newshound/Intel Guru Mnt Goat ... Over the weekend I talked to my CBI contact and I was told to expect the second of the two rate changes “within 7 to 14 days”. Then I was also told they needed to begin the education process of the newer lower denominations and we could expect this effort only when we get really close...It is my guess that these newer notes should come out sometime in March or early April... [post 1 of 2....stay tuned]
3-9-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-9-2023 Intel Guru Frank26 Question "Will they go to 1000 prior to 1 to 1?" It's 1300 right now...we believe the next move will be 1190...Why? Because they've used that exchange rate before...I would much rather they go to 1000 to 1...that will excite me. That will really get my attention. Because at 1000 to 1 you just knock off the 3-zeros and it's 1 to 1. At that point the Iraqi dinar will be worth $1 inside of Iraq ...
3-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-9-2023 Newshound Guru Breitling Community comment/question "I keep talking about what I'm watching. What Iraq is watching. What position? How are they posturing? How are they looking at the globe financially to help make the decision when they're going to add value to the currency?" Because they will and they are. They've stated it over and over again. It's never been a debate...
3-9-2023 Guru Nader From The Mid East The budget will be sent to Parliament next month...the first week of April the budget will be sent to Parliament.
3-9-2023 Newshound Guru Sandy Ingram Barron's Article: "Iraq issues Arrest Warrants In 'Heist Of The Century" Taming corruption will help increase the value of the dinar. It will also gain the people's trust which is greatly needed to get bank deposits up. All of this plays into the hands of increasing the value of the Iraqi dinar against the U.S. dollar.
3-9-2023 Guest Guru Deepwoodz Article: "Wasata and a long wait"... Citizens are dissatisfied with the procedures of "dollar banks" in Iraq" The squeeze is on. Hard for them to get the dollar they are so used to using. Sudani telling them to keep their dinar but they have to use something. This can’t go on for much longer I would think.
3-9-2023 Intel Guru Frank26 IMO this week, no later than into next week they're going to show you [Iraqi's] your new small category notes in an article and they're going to introduce to you citizens of Iraq another new exchange rate. After that a float will commence for your currency which means you will have an exchange rate of at least 1 to 1 inside of your country [Iraq]. These are exciting time.
3-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 [Iraqi bank friends update] The new articles concerning the new exchange rate and new small category notes are slated to be released in the coming days.
3-9-2023 Newshound Guru Militia Man We are seeing data that supports the World Trade Organization, the Government of Iraq, the Regional Government and the Grand Ayatollah Al- Sistani support for reforms and have edicts and agreements that are set now. The citizens know where they stand on currency exchange do's and don'ts per Sistani, progress on accession to the WTO and most of all the finalized agreement of the Oil & Gas Law and 2023 Budget Draft Law between both sides of Erbil and Baghdad. What else is to be done? Watch and see what they do.
3-9-2023 Intel Guru MarkZ [via PDK] Chatter from Iraq is they have dotted all their I’s and crossed all their t’s and we should get ready. They are going to start educating people on lower denominations at any moment. I absolutely believe things are happening or I would not be here. I have many more things I could be doing if I did not believe we were this close.
3-9-2023 Newshound Guru Pimpy IMO they are truly after all these years very close to finally coming up with the agreement between Kurdistan the federal government of Iraq. If they can come up with this agreement and they finalize it and they agree with the gas and oil law which everybody and their mama out there in dinar world told that once that is signed...'oh man the Iraqi dinar to the moon!'...I think it's a great first step...Once it's signed I'm curious to see where Iraq goes in the future but I wouldn't be holding my breath too long. Let's first get this agreement signed...that's one of the major boxes that need to be checked...
3-9-2023 Newshound Guru Clare Article: "The Central Bank of Iraq decides to use only the local currency at ATMs " Quote "...it was decided that the electronic financial services provided inside Iraq Through (automated teller machines, point-of-sale devices, electronic payment gateway) in the Iraqi dinar."
3-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All day showing on the news leaders of Iraq...say to us buy in dinar and soon our dinars will be trading and exchanging with other currencies... FRANK: I agree...a float...they're telling them hold onto your dinars, don't get rid of them...They are going to be worth money...
3-9-2023 Newshound/Intel Guru Mnt Goat Article: "ADOPTION OF THE NATIONAL CURRENCY (CBI)" Quote: "...the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions" It is articles like this one that is music to my ears (eyes)…Yes, we know for sure and without a doubt that the reinstatement of the Iraq dinar is just around the corner.
3-9-2023 Intel Guru MarkZ [via PDK] ...Iraq does a tremendous amount of trade with Vietnam and Vietnam is already prepared and ready to change their value. The US state dept has been pushing them to change their value ...I have been told…that the same time Iraq goes…or within days…then Vietnam will go as well...
3-9-2023 Intel Guru Frank26 Question "Will they go to 1000 prior to 1 to 1?" It's 1300 right now...we believe the next move will be 1190...Why? Because they've used that exchange rate before...I would much rather they go to 1000 to 1...that will excite me. That will really get my attention. Because at 1000 to 1 you just knock off the 3-zeros and it's 1 to 1. At that point the Iraqi dinar will be worth $1 inside of Iraq ...
3-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-9-2023 Newshound Guru Breitling Community comment/question "I keep talking about what I'm watching. What Iraq is watching. What position? How are they posturing? How are they looking at the globe financially to help make the decision when they're going to add value to the currency?" Because they will and they are. They've stated it over and over again. It's never been a debate...
3-9-2023 Guru Nader From The Mid East The budget will be sent to Parliament next month...the first week of April the budget will be sent to Parliament.
3-9-2023 Newshound Guru Sandy Ingram Barron's Article: "Iraq issues Arrest Warrants In 'Heist Of The Century" Taming corruption will help increase the value of the dinar. It will also gain the people's trust which is greatly needed to get bank deposits up. All of this plays into the hands of increasing the value of the Iraqi dinar against the U.S. dollar.
3-9-2023 Guest Guru Deepwoodz Article: "Wasata and a long wait"... Citizens are dissatisfied with the procedures of "dollar banks" in Iraq" The squeeze is on. Hard for them to get the dollar they are so used to using. Sudani telling them to keep their dinar but they have to use something. This can’t go on for much longer I would think.
3-9-2023 Intel Guru Frank26 IMO this week, no later than into next week they're going to show you [Iraqi's] your new small category notes in an article and they're going to introduce to you citizens of Iraq another new exchange rate. After that a float will commence for your currency which means you will have an exchange rate of at least 1 to 1 inside of your country [Iraq]. These are exciting time.
3-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 [Iraqi bank friends update] The new articles concerning the new exchange rate and new small category notes are slated to be released in the coming days.
3-9-2023 Newshound Guru Militia Man We are seeing data that supports the World Trade Organization, the Government of Iraq, the Regional Government and the Grand Ayatollah Al- Sistani support for reforms and have edicts and agreements that are set now. The citizens know where they stand on currency exchange do's and don'ts per Sistani, progress on accession to the WTO and most of all the finalized agreement of the Oil & Gas Law and 2023 Budget Draft Law between both sides of Erbil and Baghdad. What else is to be done? Watch and see what they do.
3-9-2023 Intel Guru MarkZ [via PDK] Chatter from Iraq is they have dotted all their I’s and crossed all their t’s and we should get ready. They are going to start educating people on lower denominations at any moment. I absolutely believe things are happening or I would not be here. I have many more things I could be doing if I did not believe we were this close.
3-9-2023 Newshound Guru Pimpy IMO they are truly after all these years very close to finally coming up with the agreement between Kurdistan the federal government of Iraq. If they can come up with this agreement and they finalize it and they agree with the gas and oil law which everybody and their mama out there in dinar world told that once that is signed...'oh man the Iraqi dinar to the moon!'...I think it's a great first step...Once it's signed I'm curious to see where Iraq goes in the future but I wouldn't be holding my breath too long. Let's first get this agreement signed...that's one of the major boxes that need to be checked...
3-9-2023 Newshound Guru Clare Article: "The Central Bank of Iraq decides to use only the local currency at ATMs " Quote "...it was decided that the electronic financial services provided inside Iraq Through (automated teller machines, point-of-sale devices, electronic payment gateway) in the Iraqi dinar."
3-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All day showing on the news leaders of Iraq...say to us buy in dinar and soon our dinars will be trading and exchanging with other currencies... FRANK: I agree...a float...they're telling them hold onto your dinars, don't get rid of them...They are going to be worth money...
3-9-2023 Newshound/Intel Guru Mnt Goat Article: "ADOPTION OF THE NATIONAL CURRENCY (CBI)" Quote: "...the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions" It is articles like this one that is music to my ears (eyes)…Yes, we know for sure and without a doubt that the reinstatement of the Iraq dinar is just around the corner.
3-9-2023 Intel Guru MarkZ [via PDK] ...Iraq does a tremendous amount of trade with Vietnam and Vietnam is already prepared and ready to change their value. The US state dept has been pushing them to change their value ...I have been told…that the same time Iraq goes…or within days…then Vietnam will go as well...
3-8-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-8-2023 Newshound Guru Militia Man There's some interesting information. The Ministry of Planning and the European Union are supporting Iraq to join the World Trade Organization...European Union, International Trade Center and Department of International cooperation ... getting together for that support. We're going to see how these guys work it out...progress is underway. It's not stopping...
3-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-8-2023 Newshound Guru Pimpy Article: "An 'important' statement from Al-Kazemi regarding the recent arrest warrants against his government team" Al-Kazemi has become the Donald Trump of Iraq. As soon as that guy got out of office they're going to go after him with everything trying very hard to find ways to implement this guy so they could throw him in jail.
3-8-2023 Intel Guru MarkZ [via PDK] Banks are still seeing different rates on the screens. The one that pops up most is a dinar rate of $1.51. It could just be a place holder.
3-8-2023 Guru Nader From The Mid East A friend of mine told me...you can transfer money from Iraq to anywhere in the world. That's very good news. I'm happy...
3-8-2023 Intel Guru Bruce [via WiserNow] Over the weekend, we found out that we had so called green light turned on by military to begin exchanges ...we also had the green light turned on by the Treasury to begin these exchanges...we do feel that we are very close to the end of our ride...we should be getting clearance to land this baby, any day... I don't have an actual window for you. I don't have an actual timeframe... but we know that this is very close, and we just have to wait it out.
3-8-2023 Intel Guru MarkZ [via PDK] ...we do not need to be concerned about the budget…as we understand it – we need the rate before the budget. The important part of the budget is the hydrocarbon law.(HCL) which is the sharing of oil revenues with the Iraqi people...
3-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about using the dinar and not the dollar. They keep telling us the dinar will have more value... FRANK: This is the 3rd time in Firefly's report - 'they're telling us to hold onto our dinar because it's going to have more value'. The 3-Zero note you have [Firefly] they want you to hold onto them because you're going to trade them in for the new exchange rate that has more purchasing value...your ticket to paradise is your 3-zero notes internally. My ticket to paradise is the same 3-zero notes but externally.
3-8-2023 Guest Guru Deepwoodz Article: "The draft budget law 2023 will not be included on the cabinet table" Quote: "the draft budget law for the current year will be ready and will be sent to the House of Representatives by the end of this month." Great news! We don’t want the budget yet.
3-8-2023 Newshound Guru Militia Man Sistani Grand Ayatollah coming out and talking about foreign currency exchange with the citizens is some of the best education I've seen in 13 years. I take it very seriously. I'm very excited about it because he's not a banker. He's not a businessman. He is a cleric. He's a religious man. But when he speaks to his citizens they listen and so what he did was he was educating them...it's all good for us.
3-8-2023 Intel Guru MarkZ [via PDK] The news has been great and we know Iraq is ready for it. It is my understanding again that they need the rate before the budget. This news is encouraging and we can see the logical steps towards the establishment of their currency. We are hearing similar things from Vietnam that they are also ready...I have been told by folks involved in it...that we are minute to minute. And yes…it is event driven. I wish I could tell you more than that.
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will explain to them in detail...purchasing power...and how to use it in their markets. The pricing in the markets will have to be adjusted and will be explained...They will be made aware of the time frame to exchange from the higher notes to the lower notes and any co-existing of currency...The wiring of currency outside of their country to wherever they want will be explained to them in details...BTW All of this is going to be in that article in the coming days...Anything on the banking services there will be a slew of articles coming very soon...All of this monetary reform education is for the citizens of Iraq and not for the investors... [Post 2 of 2]
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] The article that is about to come out will deal with depictions [Of the new small category notes]...visual aids. They will also give them descriptions - security features, size, the number of notes to be released, denominations, the category of the denominations, colors. Everything that they put on these new small category notes is all about Iraqi history...They will explain to them how to do the exchange from the large 3-zero notes to the new small category notes and coins/fils...They will talk about how this will affect the market place. [Post 1 of 2....stay tuned]
3-8-2023 Newshound/Intel Guru Mnt Goat Article: "AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?" There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know the new Iraqi constitution must be fully implemented or at least on it way prior to the reinstatement... we see yet another positive sign that the Al-Sudani administration is very serious about finally implementing Article 140...
3-8-2023 Newshound Guru Militia Man There's some interesting information. The Ministry of Planning and the European Union are supporting Iraq to join the World Trade Organization...European Union, International Trade Center and Department of International cooperation ... getting together for that support. We're going to see how these guys work it out...progress is underway. It's not stopping...
3-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-8-2023 Newshound Guru Pimpy Article: "An 'important' statement from Al-Kazemi regarding the recent arrest warrants against his government team" Al-Kazemi has become the Donald Trump of Iraq. As soon as that guy got out of office they're going to go after him with everything trying very hard to find ways to implement this guy so they could throw him in jail.
3-8-2023 Intel Guru MarkZ [via PDK] Banks are still seeing different rates on the screens. The one that pops up most is a dinar rate of $1.51. It could just be a place holder.
3-8-2023 Guru Nader From The Mid East A friend of mine told me...you can transfer money from Iraq to anywhere in the world. That's very good news. I'm happy...
3-8-2023 Intel Guru Bruce [via WiserNow] Over the weekend, we found out that we had so called green light turned on by military to begin exchanges ...we also had the green light turned on by the Treasury to begin these exchanges...we do feel that we are very close to the end of our ride...we should be getting clearance to land this baby, any day... I don't have an actual window for you. I don't have an actual timeframe... but we know that this is very close, and we just have to wait it out.
3-8-2023 Intel Guru MarkZ [via PDK] ...we do not need to be concerned about the budget…as we understand it – we need the rate before the budget. The important part of the budget is the hydrocarbon law.(HCL) which is the sharing of oil revenues with the Iraqi people...
3-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about using the dinar and not the dollar. They keep telling us the dinar will have more value... FRANK: This is the 3rd time in Firefly's report - 'they're telling us to hold onto our dinar because it's going to have more value'. The 3-Zero note you have [Firefly] they want you to hold onto them because you're going to trade them in for the new exchange rate that has more purchasing value...your ticket to paradise is your 3-zero notes internally. My ticket to paradise is the same 3-zero notes but externally.
3-8-2023 Guest Guru Deepwoodz Article: "The draft budget law 2023 will not be included on the cabinet table" Quote: "the draft budget law for the current year will be ready and will be sent to the House of Representatives by the end of this month." Great news! We don’t want the budget yet.
3-8-2023 Newshound Guru Militia Man Sistani Grand Ayatollah coming out and talking about foreign currency exchange with the citizens is some of the best education I've seen in 13 years. I take it very seriously. I'm very excited about it because he's not a banker. He's not a businessman. He is a cleric. He's a religious man. But when he speaks to his citizens they listen and so what he did was he was educating them...it's all good for us.
3-8-2023 Intel Guru MarkZ [via PDK] The news has been great and we know Iraq is ready for it. It is my understanding again that they need the rate before the budget. This news is encouraging and we can see the logical steps towards the establishment of their currency. We are hearing similar things from Vietnam that they are also ready...I have been told by folks involved in it...that we are minute to minute. And yes…it is event driven. I wish I could tell you more than that.
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will explain to them in detail...purchasing power...and how to use it in their markets. The pricing in the markets will have to be adjusted and will be explained...They will be made aware of the time frame to exchange from the higher notes to the lower notes and any co-existing of currency...The wiring of currency outside of their country to wherever they want will be explained to them in details...BTW All of this is going to be in that article in the coming days...Anything on the banking services there will be a slew of articles coming very soon...All of this monetary reform education is for the citizens of Iraq and not for the investors... [Post 2 of 2]
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] The article that is about to come out will deal with depictions [Of the new small category notes]...visual aids. They will also give them descriptions - security features, size, the number of notes to be released, denominations, the category of the denominations, colors. Everything that they put on these new small category notes is all about Iraqi history...They will explain to them how to do the exchange from the large 3-zero notes to the new small category notes and coins/fils...They will talk about how this will affect the market place. [Post 1 of 2....stay tuned]
3-8-2023 Newshound/Intel Guru Mnt Goat Article: "AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?" There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know the new Iraqi constitution must be fully implemented or at least on it way prior to the reinstatement... we see yet another positive sign that the Al-Sudani administration is very serious about finally implementing Article 140...
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3-7-2023 Intel Guru MarkZ [via PDK] This is the biggest news piece of the day today. “KRG Finance Minister: We agreed with Baghdad on the share of Kurdistan in the 2023 budget” this is from the Kurdish region finance minister. This is very big news. This has never happened before…. It’s huge. We have never been at this point before …and it’s exciting.
3-7-2023 Newshound Guru Pimpy It's on the exchange...the Iraqi dinar is. It's not on the big one, Forex, but it is on the local exchange...right now it's trading on the open market at 1459 dinars for every $1...that's the one [1459] you don't want to get higher. The higher this gets the worse off it is for us. That means more people are wanting US dollars and they're willing to pay more Iraqi dinar for that. We don't want that to happen but right now it's been maintaining in the same area now for quite some time.
3-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-7-2023 Intel Guru Frank26 How long will the float go before they cap it? ...possibly inside of a year and then afterwards will they cancel the 3-zero notes? ...probably not. No. The central bank wants to collect all of them.
3-7-2023 Guest Guru Deepwoodz Article "Parliamentary Finance stresses the introduction of the new salary scale before the budget legislation" I’ve often thought about some of the things they would have to do BEFORE changing the rate. One of those things was to change the salary scale. Why? Google shows the national minimum wage to be 250,000-350,000 dinar per MONTH. Not much income at 1460 or even 1310, but if you plan on going through a major change, it would behoove you to change the scale accordingly. Don’t ya think? ...it states that has been the going rate since 2018. Which one can also confer that during the rate change in Dec. 2020, they did not make an adjustment. They also did not make an adjustment BEFORE going back to 1310. So, Why do they need one now would be the next question I would ask, with a grin on my face?!
3-7-2023 Guru Nader From The Mid East The street demonstrations you see...First it's for the food baskets. Second is for what we call it ID - retired people want more money. Third is for the exchange rate...purchasing power. Power to purchase more things with their money. That's what they want to do. That's why you see there's a demonstration.
3-7-2023 Newshound Guru Sandy Ingram The Federal Reserve Bank in New York City had a fit and began implementing restrictions...You see, the U.S. holds the money Iraq makes from oil sales...Iraq is caught between the U.S. massive amounts of oil revenue and OPEC controlling Iraq's oil exports and Iran controlling Iraq's electricity...the bottom line - Iran obtained large large amounts of the Iraqi currency that Iraq needs to pay government salaries and run the government...this is a global issue. [Post 2 of 2]
3-7-2023 Newshound Guru Sandy Ingram How Iraq caused the currency crisis - Here's what happened. Iraq spends around $900 million a month on Iranian goods. $50...is for electricity and gas...Now the mistake - The U.S. and Iraq decided to pay Iran in Iraqi dinars. Surprisingly Iran said okay. Iran then proceeded to the Iraqi daily exchange auctions to trade the dinars for U.S dollars. [Post 1 of 2....stay tuned]
3-7-2023 Intel Guru Frank26 If the budget comes out at 1300 it will not stay at 1300 for long. I hope that you can tattoo this somewhere you can always remember it...there's another exchange rate coming...there's another rate change coming. It was 1750. It's 1300. There's another rate change coming.
3-7-2023 Newshound Guru Pimpy A lot of people asking me if the Iraqi dinar exchange rate has changed again. No it has not. When you hear people out there whether it's from the news or people posting about the exchange rate they're usually talking about the open market rate which is different than the official rate. We know right now the official rate is 1300. We know the black market is somewhere around 1450 which is where they wanted it in the first place...
3-7-2023 Intel Guru MarkZ [via PDK] “not quite” a banking story... Someone needed to pay a bill and took some VND to a currency exchanger in a local mall. When he told the staff there he needed to sell some to cover a bill…she asked him “Do you know what is about to happen? He said yes but needed a bill paid today. She checked the rate on the screen and then said she didn’t want him to lose out and changes could happen at any moment over the next few days. This to me is awesome as you are starting to see this from certain banking and exchange personnel. They are seeing things.
3-7-2023 Newshound Guru Militia Man The Council of Ministers referred to dealing in dinars. It says there's no justification for citizens to use foreign currency in local transactions. In other words in their local transactions there's no reason to be doing anything outside of the dinar...if you're going to go buy a car - dinar. You're going to go buy a loaf of bread - dinar. Just the way it's going to be...
3-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend thinks soon we will see the CBI talk about the lower notes and the upcoming rates. It's all pointing to this. He says everything now being set at 1320 but he still thinks we will see another move soon on the exchange rate. Then to 1 to 1 ratio before the float internationally. FRANK: IMSO everything your bank friend is telling you is 100% correct. This month of March will show you what he...told you. You will see your new small category notes and new exchange rate. Remember you will see it first in article print and then it will be given to you physically. These are exciting times as we cross the finish line together...
3-7-2023 Intel Guru Texas Snake ...very positive information has been provided from the Treasury to Tier 1 banks, including my personal banker, confirming that our event is going ahead.
3-7-2023 Intel Guru MarkZ [via PDK] Article: “Iraqi government to carry out reforms for economic renaissance” ...it says they are ready for a “financial renaissance” and a return to being one of the top in the world...
3-7-2023 Intel Guru MarkZ [via PDK] This is the biggest news piece of the day today. “KRG Finance Minister: We agreed with Baghdad on the share of Kurdistan in the 2023 budget” this is from the Kurdish region finance minister. This is very big news. This has never happened before…. It’s huge. We have never been at this point before …and it’s exciting.
3-7-2023 Newshound Guru Pimpy It's on the exchange...the Iraqi dinar is. It's not on the big one, Forex, but it is on the local exchange...right now it's trading on the open market at 1459 dinars for every $1...that's the one [1459] you don't want to get higher. The higher this gets the worse off it is for us. That means more people are wanting US dollars and they're willing to pay more Iraqi dinar for that. We don't want that to happen but right now it's been maintaining in the same area now for quite some time.
3-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-7-2023 Intel Guru Frank26 How long will the float go before they cap it? ...possibly inside of a year and then afterwards will they cancel the 3-zero notes? ...probably not. No. The central bank wants to collect all of them.
3-7-2023 Guest Guru Deepwoodz Article "Parliamentary Finance stresses the introduction of the new salary scale before the budget legislation" I’ve often thought about some of the things they would have to do BEFORE changing the rate. One of those things was to change the salary scale. Why? Google shows the national minimum wage to be 250,000-350,000 dinar per MONTH. Not much income at 1460 or even 1310, but if you plan on going through a major change, it would behoove you to change the scale accordingly. Don’t ya think? ...it states that has been the going rate since 2018. Which one can also confer that during the rate change in Dec. 2020, they did not make an adjustment. They also did not make an adjustment BEFORE going back to 1310. So, Why do they need one now would be the next question I would ask, with a grin on my face?!
3-7-2023 Guru Nader From The Mid East The street demonstrations you see...First it's for the food baskets. Second is for what we call it ID - retired people want more money. Third is for the exchange rate...purchasing power. Power to purchase more things with their money. That's what they want to do. That's why you see there's a demonstration.
3-7-2023 Newshound Guru Sandy Ingram The Federal Reserve Bank in New York City had a fit and began implementing restrictions...You see, the U.S. holds the money Iraq makes from oil sales...Iraq is caught between the U.S. massive amounts of oil revenue and OPEC controlling Iraq's oil exports and Iran controlling Iraq's electricity...the bottom line - Iran obtained large large amounts of the Iraqi currency that Iraq needs to pay government salaries and run the government...this is a global issue. [Post 2 of 2]
3-7-2023 Newshound Guru Sandy Ingram How Iraq caused the currency crisis - Here's what happened. Iraq spends around $900 million a month on Iranian goods. $50...is for electricity and gas...Now the mistake - The U.S. and Iraq decided to pay Iran in Iraqi dinars. Surprisingly Iran said okay. Iran then proceeded to the Iraqi daily exchange auctions to trade the dinars for U.S dollars. [Post 1 of 2....stay tuned]
3-7-2023 Intel Guru Frank26 If the budget comes out at 1300 it will not stay at 1300 for long. I hope that you can tattoo this somewhere you can always remember it...there's another exchange rate coming...there's another rate change coming. It was 1750. It's 1300. There's another rate change coming.
3-7-2023 Newshound Guru Pimpy A lot of people asking me if the Iraqi dinar exchange rate has changed again. No it has not. When you hear people out there whether it's from the news or people posting about the exchange rate they're usually talking about the open market rate which is different than the official rate. We know right now the official rate is 1300. We know the black market is somewhere around 1450 which is where they wanted it in the first place...
3-7-2023 Intel Guru MarkZ [via PDK] “not quite” a banking story... Someone needed to pay a bill and took some VND to a currency exchanger in a local mall. When he told the staff there he needed to sell some to cover a bill…she asked him “Do you know what is about to happen? He said yes but needed a bill paid today. She checked the rate on the screen and then said she didn’t want him to lose out and changes could happen at any moment over the next few days. This to me is awesome as you are starting to see this from certain banking and exchange personnel. They are seeing things.
3-7-2023 Newshound Guru Militia Man The Council of Ministers referred to dealing in dinars. It says there's no justification for citizens to use foreign currency in local transactions. In other words in their local transactions there's no reason to be doing anything outside of the dinar...if you're going to go buy a car - dinar. You're going to go buy a loaf of bread - dinar. Just the way it's going to be...
3-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend thinks soon we will see the CBI talk about the lower notes and the upcoming rates. It's all pointing to this. He says everything now being set at 1320 but he still thinks we will see another move soon on the exchange rate. Then to 1 to 1 ratio before the float internationally. FRANK: IMSO everything your bank friend is telling you is 100% correct. This month of March will show you what he...told you. You will see your new small category notes and new exchange rate. Remember you will see it first in article print and then it will be given to you physically. These are exciting times as we cross the finish line together...
3-7-2023 Intel Guru Texas Snake ...very positive information has been provided from the Treasury to Tier 1 banks, including my personal banker, confirming that our event is going ahead.
3-7-2023 Intel Guru MarkZ [via PDK] Article: “Iraqi government to carry out reforms for economic renaissance” ...it says they are ready for a “financial renaissance” and a return to being one of the top in the world...
3-6-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-6-2023 Intel Guru Frank26 The Iraqi citizens are being educated at a very very fast quick pace. The cadence have picked up. It's really moving fast.
3-6-2023 Newshound Guru Clare Article: "Sudanese and the World Bank delegation are discussing joint cooperation and support for the government's plans"
3-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-6-2023 Intel Guru MarkZ [via PDK] News from Iraq: “Cabinet approves the draft budget tomorrow” This is the rough draft and its supposed to be approved tomorrow. Maybe the full budget later this week. This does not mean we are waiting for the budget to RV. It can certainly go before. What I am hearing from all my Iraqi sources is that they plan to introduce ...in a wide scale fashion - the lower denominations this month and the training for all the folks. The banking side is still convinced it will happen at any second. We are in one heck of a close window…imo.
3-6-2023 Guest Guru Suzie With this news of the budget coming forth and all the other info being brought to us and especially with the Kurds being happy with the HCL I can see no way Iraq won't pull this off in the month of March, I mean, what else could get in their way at this point?
3-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The private [satellite] banks are not owned by the CBI... #2 is an Iraqi [Walkingstick's bank friend] but he owns a bank in the United States under American banking law. These banks do have to follow the CBI laws...international standards and they have to follow the laws of the country that they represent. Can I as an American citizen and go to these banks and exchange? It's unknown right now...but based on the fact that they will follow CBI laws that will follow international laws I don't see why we cannot.
3-6-2023 Newshound Guru Breitling ...Iraq is going to accept the yuan... Euro...US dollar but they're going to start adding value to their currency because there's not going to be as many U.S. dollars out there. Not only that but the EU is going to start going broke so there's not going to be very many Euros out there. That's another reason for them to add value to the Iraqi dinar. [Post 2 of 2]
3-6-2023 Newshound Guru Breitling The United States money supply - we're pulling it in. We built China with that money supply. We built the EU with that money supply. We competed against emerging markets with that money supply. We're binging it in. There's not going to be as many dollars out there...China's going to have less. That's why they want to use the yuan to buy energy...How does Iraq gain from that? [Post 1 of 2....stay tuned]
3-6-2023 Newshound Guru Pimpy It's going to happen eventually. I don't think it's going to happen the way people think but right now certainly there is nothing out there that indicates Al-Sudani said he's going to restore it to the $3 rate...
3-6-2023 Guest Guru GameofPatience Budget and Laws appear to be waiting on the rate change. Many recent articles have suggested new things might be implemented after the 20th anniversary of the Iraq war (March 19th/20th) (Waiting on the Rate change). Ramadan starts on 3/23/23. Kuwait has the same budget period as Iraq 4/1 and re-instated on 3/24/91. Many historic CBI articles have stated they can only change that rate at a budget Period (starting 4/1/23).
3-6-2023 Intel Guru MarkZ [via PDK] Member comment: "I was always saying it will happen around Easter..." MarkZ: I still do not think we will be waiting that long. I think we are getting a lot of misinformation right now. Someone is having fun playing with us. Which means we are close. ...As far as I’m concerned it could be any moment. We just don’t know.
3-6-2023 Intel Guru Frank26 I think this month of March is when they're going to show them the new small category notes. They're going to introduce them to the goal of the new exchange rate where they want to reach in order to float...
3-6-2023 Newshound Guru Clare Article: "The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance" Quote: "Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental reforms in order to provide the requirements for a balanced economic renaissance in the country."
3-6-2023 Newshound/Intel Guru Mnt Goat Article: "AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS" Quote: "...there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with an oil agreement within the terms of the 2023 budget..." Can you see now how the oil and gas law and the budget are interconnected? Now let’s also add the rate of the dinar on top of it all.
3-6-2023 Intel Guru Frank26 The Iraqi citizens are being educated at a very very fast quick pace. The cadence have picked up. It's really moving fast.
3-6-2023 Newshound Guru Clare Article: "Sudanese and the World Bank delegation are discussing joint cooperation and support for the government's plans"
3-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-6-2023 Intel Guru MarkZ [via PDK] News from Iraq: “Cabinet approves the draft budget tomorrow” This is the rough draft and its supposed to be approved tomorrow. Maybe the full budget later this week. This does not mean we are waiting for the budget to RV. It can certainly go before. What I am hearing from all my Iraqi sources is that they plan to introduce ...in a wide scale fashion - the lower denominations this month and the training for all the folks. The banking side is still convinced it will happen at any second. We are in one heck of a close window…imo.
3-6-2023 Guest Guru Suzie With this news of the budget coming forth and all the other info being brought to us and especially with the Kurds being happy with the HCL I can see no way Iraq won't pull this off in the month of March, I mean, what else could get in their way at this point?
3-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The private [satellite] banks are not owned by the CBI... #2 is an Iraqi [Walkingstick's bank friend] but he owns a bank in the United States under American banking law. These banks do have to follow the CBI laws...international standards and they have to follow the laws of the country that they represent. Can I as an American citizen and go to these banks and exchange? It's unknown right now...but based on the fact that they will follow CBI laws that will follow international laws I don't see why we cannot.
3-6-2023 Newshound Guru Breitling ...Iraq is going to accept the yuan... Euro...US dollar but they're going to start adding value to their currency because there's not going to be as many U.S. dollars out there. Not only that but the EU is going to start going broke so there's not going to be very many Euros out there. That's another reason for them to add value to the Iraqi dinar. [Post 2 of 2]
3-6-2023 Newshound Guru Breitling The United States money supply - we're pulling it in. We built China with that money supply. We built the EU with that money supply. We competed against emerging markets with that money supply. We're binging it in. There's not going to be as many dollars out there...China's going to have less. That's why they want to use the yuan to buy energy...How does Iraq gain from that? [Post 1 of 2....stay tuned]
3-6-2023 Newshound Guru Pimpy It's going to happen eventually. I don't think it's going to happen the way people think but right now certainly there is nothing out there that indicates Al-Sudani said he's going to restore it to the $3 rate...
3-6-2023 Guest Guru GameofPatience Budget and Laws appear to be waiting on the rate change. Many recent articles have suggested new things might be implemented after the 20th anniversary of the Iraq war (March 19th/20th) (Waiting on the Rate change). Ramadan starts on 3/23/23. Kuwait has the same budget period as Iraq 4/1 and re-instated on 3/24/91. Many historic CBI articles have stated they can only change that rate at a budget Period (starting 4/1/23).
3-6-2023 Intel Guru MarkZ [via PDK] Member comment: "I was always saying it will happen around Easter..." MarkZ: I still do not think we will be waiting that long. I think we are getting a lot of misinformation right now. Someone is having fun playing with us. Which means we are close. ...As far as I’m concerned it could be any moment. We just don’t know.
3-6-2023 Intel Guru Frank26 I think this month of March is when they're going to show them the new small category notes. They're going to introduce them to the goal of the new exchange rate where they want to reach in order to float...
3-6-2023 Newshound Guru Clare Article: "The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance" Quote: "Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental reforms in order to provide the requirements for a balanced economic renaissance in the country."
3-6-2023 Newshound/Intel Guru Mnt Goat Article: "AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS" Quote: "...there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with an oil agreement within the terms of the 2023 budget..." Can you see now how the oil and gas law and the budget are interconnected? Now let’s also add the rate of the dinar on top of it all.
3-5-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-5-2023 Intel Guru Frank26 ...All the gold they have in their foreign reserves for your [Iraq's] currency is the common sense that tells you you [Iraqis] are going to have a new exchange rate to match all of that reserve power...they are positioning mechanisms that allow the dinar to float. I strongly believe this month of March you are going to be shown the new small category notes and the new exchange rate that will go with it...
3-5-2023 Newshound Guru Clare Article: "Democratic: semi-final agreement on the share of the Kurdistan region in the budget" Quote: "The Kurdistan region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget"
3-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-5-2023 Newshound/Intel Gurus Walkingstick & Frank26 The explanation of the new exchange rate with those new small category notes is all going to come out in articles first. IOO that's the next phase/step in the process of the monetary reform education...then you'll see it physically on the CBI website, on markets across the world as they trade with it, you'll see the rate and you'll see as it floats.
3-5-2023 Intel Guru Frank26 It is possible they will introduce the budget at [1310] but it won't stay that way for long because inflation will force the float to start in order to counter inflation.
3-5-2023 Newshound Guru Henig Republished Article: "Global gold: Central banks buy 30 tons of yellow metal and Iraq maintains its rank" Quote: "Iraq maintained its classification of 30th globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July by buying 33.9 tons of gold, to reach its possession of gold 130.3 tons, which represents 8.6% of the rest of its other reserves."
3-5-2023 Newshound Guru Militia Man International transfers, international withdrawals, international payments...you haven't done that before and you haven't done it at an official rate of 1460, 1190, 1310 or 1166. They have never done that. Never been allowed to do that. Why would they do that now a 1310? My view they won't...all of this...is really fascinating because it means going from a public country to a private sector. It's phenomenal.
3-5-2023 Intel Guru Frank26 Question: "Can I go to a money changer center to change my IQD if I don't want to go to a bank?" I wouldn't go to a money exchanger bank. That's up to you. I'm not telling you not to. I wouldn't because it's too small. It's like going to a kiosk at an airport. It's too small. It's like going to a credit union. It's too small. It's like going to a mom and pop bank. They're too small.
3-5-2023 Newshound Guru Breitling A couple days ago I get a call from one of these guys and he's like 'Hey, you still into this IQD thing?'...I'm like, 'Yeah, I watch it and follow that stuff.' He goes, 'Cool, I just bought a ton of dinar.' He started telling me the strategy that Iraq had...Very very good news. We're at a different place today. Sort of hit that reset button. Iraq is on a completely different strategy. I'm excited. The information I got was cool but I'm excited because this is genius what they're doing and how they're doing it. Hang in there. Be happy. [Post 2 of 2]
3-5-2023 Newshound Guru Breitling One of the gentlemen I've known since I was a teenager worked putting out reports for...companies that invest based on policy. They don't sit out the market and wait for something to happen. If a policy goes in...they follow that and they invest in it. How do you think senators congressmen get so rich? It's though policy. They know where the next big thing is coming from. Anyways...I've talked to these guys about it [the dinar over the years]. It's not that they didn't believe in it, there was other investments in their mind that had less of a risk. [Post 1 of 2....stay tuned]
3-5-2023 Intel Guru Frank26 ...All the gold they have in their foreign reserves for your [Iraq's] currency is the common sense that tells you you [Iraqis] are going to have a new exchange rate to match all of that reserve power...they are positioning mechanisms that allow the dinar to float. I strongly believe this month of March you are going to be shown the new small category notes and the new exchange rate that will go with it...
3-5-2023 Newshound Guru Clare Article: "Democratic: semi-final agreement on the share of the Kurdistan region in the budget" Quote: "The Kurdistan region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget"
3-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-5-2023 Newshound/Intel Gurus Walkingstick & Frank26 The explanation of the new exchange rate with those new small category notes is all going to come out in articles first. IOO that's the next phase/step in the process of the monetary reform education...then you'll see it physically on the CBI website, on markets across the world as they trade with it, you'll see the rate and you'll see as it floats.
3-5-2023 Intel Guru Frank26 It is possible they will introduce the budget at [1310] but it won't stay that way for long because inflation will force the float to start in order to counter inflation.
3-5-2023 Newshound Guru Henig Republished Article: "Global gold: Central banks buy 30 tons of yellow metal and Iraq maintains its rank" Quote: "Iraq maintained its classification of 30th globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July by buying 33.9 tons of gold, to reach its possession of gold 130.3 tons, which represents 8.6% of the rest of its other reserves."
3-5-2023 Newshound Guru Militia Man International transfers, international withdrawals, international payments...you haven't done that before and you haven't done it at an official rate of 1460, 1190, 1310 or 1166. They have never done that. Never been allowed to do that. Why would they do that now a 1310? My view they won't...all of this...is really fascinating because it means going from a public country to a private sector. It's phenomenal.
3-5-2023 Intel Guru Frank26 Question: "Can I go to a money changer center to change my IQD if I don't want to go to a bank?" I wouldn't go to a money exchanger bank. That's up to you. I'm not telling you not to. I wouldn't because it's too small. It's like going to a kiosk at an airport. It's too small. It's like going to a credit union. It's too small. It's like going to a mom and pop bank. They're too small.
3-5-2023 Newshound Guru Breitling A couple days ago I get a call from one of these guys and he's like 'Hey, you still into this IQD thing?'...I'm like, 'Yeah, I watch it and follow that stuff.' He goes, 'Cool, I just bought a ton of dinar.' He started telling me the strategy that Iraq had...Very very good news. We're at a different place today. Sort of hit that reset button. Iraq is on a completely different strategy. I'm excited. The information I got was cool but I'm excited because this is genius what they're doing and how they're doing it. Hang in there. Be happy. [Post 2 of 2]
3-5-2023 Newshound Guru Breitling One of the gentlemen I've known since I was a teenager worked putting out reports for...companies that invest based on policy. They don't sit out the market and wait for something to happen. If a policy goes in...they follow that and they invest in it. How do you think senators congressmen get so rich? It's though policy. They know where the next big thing is coming from. Anyways...I've talked to these guys about it [the dinar over the years]. It's not that they didn't believe in it, there was other investments in their mind that had less of a risk. [Post 1 of 2....stay tuned]
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3-4-2023 Intel Guru Frank26 ...The monetary reform is about to do something with its exchange rate...currency...banking structure. A float is approaching.
3-4-2023 Newshound Guru Militia Man Question "Do you think they'll just drop the zeros and go from there? So if it revalues to $3 a 25000 Iraqi dinar will bring you 25x3=$75 usd?" No.
3-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] If you go to the private [CBI satellite] banks the 3-zero notes will go back to the CBI. They will not go to the US Treasury. Is there an advantage to using these banks? No. Because these banks have to follow all the international rules. FRANK: I'm just going after the bank that's going to give me the best rate.
3-4-2023 Intel Guru MarkZ [via PDK] On the banking side we continue to hear positive things…Rates are still bouncing all over the place when you ask the bankers. Rates do not seem to go below $1.51 now...but they have seen up to $5 or $6 bucks. Hopefully this gives us an idea on possible ranges.
3-4-2023 Newshound Guru Henig Article: "Dollar exceeds 60,<> tomans, vice president shocks Iranians with statement" Quote: "The price of the dollar exceeded the barrier of 60 thousand tomans on Sunday, in a continuation of the unprecedented decline in the price of the Iranian local currency against global currencies"
3-4-2023 Intel Guru Frank26 Question: "Will banks accept our dinars with no issue?" You better have a certificate of authenticity - what BS! ...a certificate of authenticity that's just a business card...you think when you go to the bank they're going to say let me see your certificate of authenticity? Heck no! They're going to take your dinars and they're going to tell you, 'yeah, they're real.' [or] 'No, you got screwed. This ain't real.' Certificate of authenticity is a bunch of B.S.
3-4-2023 Newshound Guru Breitling Iraq has been talking about adding value to the currency more than they have in the past...
3-4-2023 Intel Guru MarkZ [via PDK] We do have some news out of Iraq. ”Al-Rafidain begins depositing the Iraqi dinar and delivering the dollar starting Sunday” meaning they want you to have your dinar in the bank. Very few Iraqis use banks so they are pushing to streamline the process for the value when it goes…making massive efforts for that value change. Sudani this week is still pushing for that rate change and to expect the budget this week to be in parliament. The budget is considered by most to be a key part of this as it has the HCL law in it.
3-4-2023 Newshound Guru Pimpy Community comment "Their [Iraq's] money has to be comparable to the region. Kuwait is over $3." Who said it has to be comparable to the region?...It doesn't have to be comparable to the region. Even if you looked at the exchange rates all around in the other countries you could see they're all out of whack....Iran you have 42,000 Iranian dollars for every $1 US. Turkey is 18.90 of their currency to $1 US. Syria is 2,511 to $1 US. Jordan has 1.41 to $1. Egypt has 30.68 to $1. Sudan has 565.15 to $1. Saudi Arabia...needs 3.75...to = $1. Yemen is 249.95 to every $1. Omen on the other hand it's 1 of their dollars is equal to $2.60...all the other ones are upside down so I'm not sure where you guys can get "regional"...
3-4-2023 Newshound Guru Samson Article 1: "Chinese goods to be sold to Iraqis in Dinar" Quote: "Iraq's dealings with China in the yuan currency needs more time, and this requires building an oil refinery inside China, so that it supplies quantities of oil outside its share in OPEC, given that the refinery is Iraqi, and here neither America nor anyone else can prevent Iraq to take this step.”
3-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New land transfer trade projects Iraq is doing - they're saying will have us as the center of the global land trade. Again there is talk about our borders and bank system that are being set up digital for security. They said this will deal with other countries and their currencies only. FRANK: This is the economic reform exploding and you don't even have the new exchange rate given to the citizens yet (until now IMO March 2023)...
3-4-2023 Newshound/Intel Guru Mnt Goat ...as long as the budget is not yet opened a new rate can be calculated within the budget. There is always times to change it if it is not yet passed in parliament...they can adjust it for the new 1320 fixed rate of the dinar. This has been the holdup...as told to me by my CBI contact, is that they are holding off also because they know yet another rate change is expected and is coming...between 1000-1150 within this 90 days. [reference Mnt Goat post below]
3-4-2023 Intel Guru Bruce [via WiserNow] We know our rates are going to be really stellar. We're going to be good... we're going to get started here – not this week, I don't think but you got to keep an eye on for the possibility of surprise. Just keep an eye out...Dong rate that I heard a few days ago was excellent. Probably three times where we thought it was going to be.
3-4-2023 Intel Guru Frank26 ...The monetary reform is about to do something with its exchange rate...currency...banking structure. A float is approaching.
3-4-2023 Newshound Guru Militia Man Question "Do you think they'll just drop the zeros and go from there? So if it revalues to $3 a 25000 Iraqi dinar will bring you 25x3=$75 usd?" No.
3-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] If you go to the private [CBI satellite] banks the 3-zero notes will go back to the CBI. They will not go to the US Treasury. Is there an advantage to using these banks? No. Because these banks have to follow all the international rules. FRANK: I'm just going after the bank that's going to give me the best rate.
3-4-2023 Intel Guru MarkZ [via PDK] On the banking side we continue to hear positive things…Rates are still bouncing all over the place when you ask the bankers. Rates do not seem to go below $1.51 now...but they have seen up to $5 or $6 bucks. Hopefully this gives us an idea on possible ranges.
3-4-2023 Newshound Guru Henig Article: "Dollar exceeds 60,<> tomans, vice president shocks Iranians with statement" Quote: "The price of the dollar exceeded the barrier of 60 thousand tomans on Sunday, in a continuation of the unprecedented decline in the price of the Iranian local currency against global currencies"
3-4-2023 Intel Guru Frank26 Question: "Will banks accept our dinars with no issue?" You better have a certificate of authenticity - what BS! ...a certificate of authenticity that's just a business card...you think when you go to the bank they're going to say let me see your certificate of authenticity? Heck no! They're going to take your dinars and they're going to tell you, 'yeah, they're real.' [or] 'No, you got screwed. This ain't real.' Certificate of authenticity is a bunch of B.S.
3-4-2023 Newshound Guru Breitling Iraq has been talking about adding value to the currency more than they have in the past...
3-4-2023 Intel Guru MarkZ [via PDK] We do have some news out of Iraq. ”Al-Rafidain begins depositing the Iraqi dinar and delivering the dollar starting Sunday” meaning they want you to have your dinar in the bank. Very few Iraqis use banks so they are pushing to streamline the process for the value when it goes…making massive efforts for that value change. Sudani this week is still pushing for that rate change and to expect the budget this week to be in parliament. The budget is considered by most to be a key part of this as it has the HCL law in it.
3-4-2023 Newshound Guru Pimpy Community comment "Their [Iraq's] money has to be comparable to the region. Kuwait is over $3." Who said it has to be comparable to the region?...It doesn't have to be comparable to the region. Even if you looked at the exchange rates all around in the other countries you could see they're all out of whack....Iran you have 42,000 Iranian dollars for every $1 US. Turkey is 18.90 of their currency to $1 US. Syria is 2,511 to $1 US. Jordan has 1.41 to $1. Egypt has 30.68 to $1. Sudan has 565.15 to $1. Saudi Arabia...needs 3.75...to = $1. Yemen is 249.95 to every $1. Omen on the other hand it's 1 of their dollars is equal to $2.60...all the other ones are upside down so I'm not sure where you guys can get "regional"...
3-4-2023 Newshound Guru Samson Article 1: "Chinese goods to be sold to Iraqis in Dinar" Quote: "Iraq's dealings with China in the yuan currency needs more time, and this requires building an oil refinery inside China, so that it supplies quantities of oil outside its share in OPEC, given that the refinery is Iraqi, and here neither America nor anyone else can prevent Iraq to take this step.”
3-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New land transfer trade projects Iraq is doing - they're saying will have us as the center of the global land trade. Again there is talk about our borders and bank system that are being set up digital for security. They said this will deal with other countries and their currencies only. FRANK: This is the economic reform exploding and you don't even have the new exchange rate given to the citizens yet (until now IMO March 2023)...
3-4-2023 Newshound/Intel Guru Mnt Goat ...as long as the budget is not yet opened a new rate can be calculated within the budget. There is always times to change it if it is not yet passed in parliament...they can adjust it for the new 1320 fixed rate of the dinar. This has been the holdup...as told to me by my CBI contact, is that they are holding off also because they know yet another rate change is expected and is coming...between 1000-1150 within this 90 days. [reference Mnt Goat post below]
3-4-2023 Intel Guru Bruce [via WiserNow] We know our rates are going to be really stellar. We're going to be good... we're going to get started here – not this week, I don't think but you got to keep an eye on for the possibility of surprise. Just keep an eye out...Dong rate that I heard a few days ago was excellent. Probably three times where we thought it was going to be.
3-3-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] The monetary reform process is actually happening right now...the citizens, the economic reform investors and you and I all know what's going on. It's not complicated anymore. The IQD is set and it's poised to de-peg and float and pair in a basket.
3-3-2023 Intel Guru MarkZ [via PDK] Many...sent me links of Iraqis singing…a little advertisement from the CBI…I postulize that the Iraqi people know what is coming…they are continuing the education on the lower denominations…interesting note values like a $1 dinar note or a $2 dinar note…And a $5 and a $10…these are really small paper denominations…you do not need these unless their currency is about to have a much higher value.
3-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-3-2023 Intel Guru Frank26 [Bank Story] Name protected: I bank at Bank of America in Spokane Washington. The bank knows about the dinar and they say when it shows on the Bank of America foreign currency website there will be no exchange fees or premiums as long as the person exchanging has an open checking account with them and deposits the exchange. They suggested I call first...
3-3-2023 Newshound Guru Jeff Isn't it amazing how much Iraq has accomplished since they formed the government back in October of last year and achieved political stability. They've definitely have dived into their economics getting everything prepared for their economics to go and become and move their country to the international level...
3-3-2023 Intel Guru Bruce [via WiserNow] ...overall, where we are now...adding up to some information that we did hear...was that looks like they're prepared to finally go early next week...Monday, Tuesday...That's what it looks like right now. Now here's the one caveat. The caveat is we could get a surprise. We could get a surprise soon.
3-3-2023 Newshound Guru Pimpy Remember...for several months Iraq was taking $1 to $1.5 billion in buying the currency off the open market. The big question is what did they do what that currency? Did they destroy it? If they did that means there's less currency out there in circulation....
3-3-2023 Intel Guru MarkZ [via PDK] ...There is a lot of big money coming to Iraq in investments…this would not be happening in a country that’s not going to have a real international currency. Here we have it in the actual Iraqi press…”150 new projects in Baghdad” This clearly shows us Iraq is moving forward.
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] the 3-zero notes are now going to be removed out of circulation. They have been very successful and they have been doing this for quite some time to remove 3-zeros from the marketplace but they now have a mechanism that they will be using to remove even more at a faster and quicker pace...the goal has been met to remove most of the 3-zeros circulation but it will continue to take the 3-zeros out until they are all gone.
3-3-2023 Intel Guru Frank26 The goal is to destroy the American dollar...It is being taken in the back alley never to see the sunlight again inside of Iraq...The Iraqi dinar will become powerful in the country of Iraq. If the Iraqi dinar becomes powerful...then everybody will want the Iraqi dinar. Therefore the value of the Iraqi dinar will explode. This is a very brilliant plan of the Stage 2 of the monetary reform of the Iraqi dinar...Everything in Iraq is now done in dinars only...Don't worry about a date. Don't worry about a rate. Make sure you understand the dollar is being removed from Iraq...
3-3-2023 Newshound Guru Henig Article: "Nechirvan Barzani: Iraq is going through a new phase and the world is seen as living a state of political and economic renaissance"
3-3-2023 Newshound Guru Sandy Ingram The Iraqi prime minister announced Iraq will be self-sufficient in gas within three years.
3-3-2023 Intel Guru MarkZ [via PDK] There are a lot of folks from all sides all around the world…that are watching for the dinar revaluation…that are speculating on the rate…and that is based on the Brent crude price... I believe they need a rate that is more than the US dollar…. There has been a lot of historical correlation on the dinar rate…based on the price of a barrel of oil. It runs about 10% over a barrel of Brent crude. If this is true and say a barrel of oil is worth $90 bucks (EXAMPLE)...Then you can make the argument of a rate of $9. There has been a lot of speculation on this from the financial world. To me this would be amazing…but it’s just speculation for now.
3-3-2023 Newshound Guru Samson Article 1 "Next week is the earliest date for the public budget to reach parliament" Article 2 "Minister of Reconstruction: The budget will be passed next week in the Council of Ministers"
3-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: So much is going on now with the banking and a lot of internal audits in this new banking platform. It's screaming a new rate is coming. Why do all this for a continued 1310 program rate? FRANK: Yes...a new rate is coming...1310 may show up on your budget but it will quickly move as it starts to float. The currency is de-pegging as it floats. Once it reaches 1 to 1 it will pair in a basket with many currencies.
3-3-2023 Intel Guru MarkZ [via PDK] It makes a tremendous amount of sense for them to start at a $1.50 rate or so and let the rate float until they meet a certain criteria and they float up to the target rate. It would not shock the system as much…this makes tremendous sense.
3-3-2023 Newshound/Intel Guru Mnt Goat Resulting from the February 9th meeting in Washington DC, Iraq was given 90 days to monitor for inflation and get the fixed CBI rate of 1320 under control and stable... I talked recently to my CBI contact in Iraq and was told to expect at least one more change in rate from the 1320 to happen between 1000-1150 next in this 90 day period...Of course the CBI could get the dinar rate under control much sooner than later and so there is nothing hard and fast that they must wait the full 90 days... ...they will crash the dinar if they don’t issue...newer lower notes sometime in the process. I believe this 90 period has been given to as a window to complete the process of stabilization to the 1:1.
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] The monetary reform process is actually happening right now...the citizens, the economic reform investors and you and I all know what's going on. It's not complicated anymore. The IQD is set and it's poised to de-peg and float and pair in a basket.
3-3-2023 Intel Guru MarkZ [via PDK] Many...sent me links of Iraqis singing…a little advertisement from the CBI…I postulize that the Iraqi people know what is coming…they are continuing the education on the lower denominations…interesting note values like a $1 dinar note or a $2 dinar note…And a $5 and a $10…these are really small paper denominations…you do not need these unless their currency is about to have a much higher value.
3-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-3-2023 Intel Guru Frank26 [Bank Story] Name protected: I bank at Bank of America in Spokane Washington. The bank knows about the dinar and they say when it shows on the Bank of America foreign currency website there will be no exchange fees or premiums as long as the person exchanging has an open checking account with them and deposits the exchange. They suggested I call first...
3-3-2023 Newshound Guru Jeff Isn't it amazing how much Iraq has accomplished since they formed the government back in October of last year and achieved political stability. They've definitely have dived into their economics getting everything prepared for their economics to go and become and move their country to the international level...
3-3-2023 Intel Guru Bruce [via WiserNow] ...overall, where we are now...adding up to some information that we did hear...was that looks like they're prepared to finally go early next week...Monday, Tuesday...That's what it looks like right now. Now here's the one caveat. The caveat is we could get a surprise. We could get a surprise soon.
3-3-2023 Newshound Guru Pimpy Remember...for several months Iraq was taking $1 to $1.5 billion in buying the currency off the open market. The big question is what did they do what that currency? Did they destroy it? If they did that means there's less currency out there in circulation....
3-3-2023 Intel Guru MarkZ [via PDK] ...There is a lot of big money coming to Iraq in investments…this would not be happening in a country that’s not going to have a real international currency. Here we have it in the actual Iraqi press…”150 new projects in Baghdad” This clearly shows us Iraq is moving forward.
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] the 3-zero notes are now going to be removed out of circulation. They have been very successful and they have been doing this for quite some time to remove 3-zeros from the marketplace but they now have a mechanism that they will be using to remove even more at a faster and quicker pace...the goal has been met to remove most of the 3-zeros circulation but it will continue to take the 3-zeros out until they are all gone.
3-3-2023 Intel Guru Frank26 The goal is to destroy the American dollar...It is being taken in the back alley never to see the sunlight again inside of Iraq...The Iraqi dinar will become powerful in the country of Iraq. If the Iraqi dinar becomes powerful...then everybody will want the Iraqi dinar. Therefore the value of the Iraqi dinar will explode. This is a very brilliant plan of the Stage 2 of the monetary reform of the Iraqi dinar...Everything in Iraq is now done in dinars only...Don't worry about a date. Don't worry about a rate. Make sure you understand the dollar is being removed from Iraq...
3-3-2023 Newshound Guru Henig Article: "Nechirvan Barzani: Iraq is going through a new phase and the world is seen as living a state of political and economic renaissance"
3-3-2023 Newshound Guru Sandy Ingram The Iraqi prime minister announced Iraq will be self-sufficient in gas within three years.
3-3-2023 Intel Guru MarkZ [via PDK] There are a lot of folks from all sides all around the world…that are watching for the dinar revaluation…that are speculating on the rate…and that is based on the Brent crude price... I believe they need a rate that is more than the US dollar…. There has been a lot of historical correlation on the dinar rate…based on the price of a barrel of oil. It runs about 10% over a barrel of Brent crude. If this is true and say a barrel of oil is worth $90 bucks (EXAMPLE)...Then you can make the argument of a rate of $9. There has been a lot of speculation on this from the financial world. To me this would be amazing…but it’s just speculation for now.
3-3-2023 Newshound Guru Samson Article 1 "Next week is the earliest date for the public budget to reach parliament" Article 2 "Minister of Reconstruction: The budget will be passed next week in the Council of Ministers"
3-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: So much is going on now with the banking and a lot of internal audits in this new banking platform. It's screaming a new rate is coming. Why do all this for a continued 1310 program rate? FRANK: Yes...a new rate is coming...1310 may show up on your budget but it will quickly move as it starts to float. The currency is de-pegging as it floats. Once it reaches 1 to 1 it will pair in a basket with many currencies.
3-3-2023 Intel Guru MarkZ [via PDK] It makes a tremendous amount of sense for them to start at a $1.50 rate or so and let the rate float until they meet a certain criteria and they float up to the target rate. It would not shock the system as much…this makes tremendous sense.
3-3-2023 Newshound/Intel Guru Mnt Goat Resulting from the February 9th meeting in Washington DC, Iraq was given 90 days to monitor for inflation and get the fixed CBI rate of 1320 under control and stable... I talked recently to my CBI contact in Iraq and was told to expect at least one more change in rate from the 1320 to happen between 1000-1150 next in this 90 day period...Of course the CBI could get the dinar rate under control much sooner than later and so there is nothing hard and fast that they must wait the full 90 days... ...they will crash the dinar if they don’t issue...newer lower notes sometime in the process. I believe this 90 period has been given to as a window to complete the process of stabilization to the 1:1.
3-2-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-2-2023 Intel Guru Frank26 It's important that you understand the 2nd stage of the monetary reform is for the purpose of introducing the new small category notes, the new exchange rate and floating the Iraqi dinar. It has nothing to do with the budget...Article 140...HCL. All of those things are side effects...all of those things are the children of the monetary reform...
3-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The CBI tells citizens to only use the IQD and then to hold on to it - Regardless of what value it has in your hands Iraqi citizens the value will increase. The increase is coming via the float very soon. It will have more value than the dollar. If you want people to stop using the dollar you have to raise the exchange rate to give them more purchasing power and this is the goal of de-dollarization. This is the footprint we are stepping on right now with the monetary reform.
3-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-2-2023 Intel Guru MarkZ [via PDK] ...still hearing from Iraq about large projects financing…budget is still expected to go within the next 2 days to parliament. We are told the new rate and HCL law/agreement is in the new budget. Question: What is the HCL again? Answer: MarkZ: HCL = Hydrocarbon Law and is the way they are going to give citizens and Kurds their share of the oil and gas process. This has been a massive sticking point for this event…along with the restoration of their rates. Things appear to be rolling out nicely right now.
3-2-2023 Newshound Guru Pimpy Community Question: "When is it going to revalue? That's all I care about." It's already revalued 2 years ago. Unfortunately it was devalued the wrong direction. It was just revalued here recently, it went from 1450 dinars 1320. To answer your question, they just did it a week ago.
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today it's all about the USA Secretary General here. He's meeting in international issues. I think we're getting ready to float. They're not saying much but his visit it's all over the news. The government is talking to us about the digitization process and how this new reform, in the new platforms what will help us to float... FRANK: This is good! This is all the monetary education.
3-2-2023 Newshound/Intel Gurus Walkingstick & Frank26 Everything is already factored into when they will release the new exchange rate...all the calculations for the budget are set and they all have been tested doing the RV process of the monetary reform.
3-2-2023 Guru Nader From The Mid East This week two good things should happen. The budget should reach Sudani by Saturday I hope. The 2nd thing I heard and it's confirmed in the budget there's a rate and it's a good rate after all. They didn't tell me how much but they said it's a good rate. Me accept even 500 I accept. 500 to 1, I accept it. I'll take it and then you can talk about float and all that stuff.
3-2-2023 Newshound Guru Pimpy Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface. The Iraq Central Bank is doing a lot of what central banks are doing around the world which is increasing their gold reserves...Iraq went from 96.42 tons and jumped up in July of 2022 to 130.32 tons...which is awesome...
3-2-2023 Intel Guru MarkZ [via PDK] the budget should reach Sudani to sign at the end of the week. The end of their week in Iraq is Saturday. It may reach Sudani sooner…I have been expecting it at any moment since early yesterday. Question: Didn't Mark say the RV could go before budget was approved? Answer: MarkZ: yes it can. But we are being told that there is a significant rate change adopted in the budget. This could "force" the value change.
3-2-2023 Newshound Guru Kaperoni Big news for Iraq investors today. As we stated numerous times, the value of the dinar will be based on the success and growth of Iraq's economy...today, Iraq announced a significant economic hurdle has been achieved. The Iraqi Council of Ministers has agreed to accession to the Convention on the International Landing Transport System thus allowing the entry of thousands of trucks into Iraq containing goods, materials to revitalize Iraq!
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us only to use ours [dinars] but hold on to it...they're saying this will make our dinar stronger. They told us our reserves are now something like $117 and the gold is over 132 tons. Both of them they're telling us are the highest ever...
3-2-2023 Newshound/Intel Guru Mnt Goat ...when I talked to my CBI contact late last week it was a very positive conversation and I was left with the impression that this RV saga could finally be over much sooner than we think. I could not get a date since my contact told me there is no date set and that there are only targets.
3-2-2023 Intel Guru MarkZ [via PDK] ...many nations hold Iraqi dinar in their foreign currency reserves. This is very important…when they change the value…it makes an argument for a much higher rate. If there is a substantial rate change...these countries can use the dinar to pay off debt. With many countries failing and bankrupt around the world...The higher rate they can substantiate equals a lot of good will toward Iraq generates from many countries worldwide. This is awesome…
3-2-2023 Intel Guru Frank26 It's important that you understand the 2nd stage of the monetary reform is for the purpose of introducing the new small category notes, the new exchange rate and floating the Iraqi dinar. It has nothing to do with the budget...Article 140...HCL. All of those things are side effects...all of those things are the children of the monetary reform...
3-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The CBI tells citizens to only use the IQD and then to hold on to it - Regardless of what value it has in your hands Iraqi citizens the value will increase. The increase is coming via the float very soon. It will have more value than the dollar. If you want people to stop using the dollar you have to raise the exchange rate to give them more purchasing power and this is the goal of de-dollarization. This is the footprint we are stepping on right now with the monetary reform.
3-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-2-2023 Intel Guru MarkZ [via PDK] ...still hearing from Iraq about large projects financing…budget is still expected to go within the next 2 days to parliament. We are told the new rate and HCL law/agreement is in the new budget. Question: What is the HCL again? Answer: MarkZ: HCL = Hydrocarbon Law and is the way they are going to give citizens and Kurds their share of the oil and gas process. This has been a massive sticking point for this event…along with the restoration of their rates. Things appear to be rolling out nicely right now.
3-2-2023 Newshound Guru Pimpy Community Question: "When is it going to revalue? That's all I care about." It's already revalued 2 years ago. Unfortunately it was devalued the wrong direction. It was just revalued here recently, it went from 1450 dinars 1320. To answer your question, they just did it a week ago.
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today it's all about the USA Secretary General here. He's meeting in international issues. I think we're getting ready to float. They're not saying much but his visit it's all over the news. The government is talking to us about the digitization process and how this new reform, in the new platforms what will help us to float... FRANK: This is good! This is all the monetary education.
3-2-2023 Newshound/Intel Gurus Walkingstick & Frank26 Everything is already factored into when they will release the new exchange rate...all the calculations for the budget are set and they all have been tested doing the RV process of the monetary reform.
3-2-2023 Guru Nader From The Mid East This week two good things should happen. The budget should reach Sudani by Saturday I hope. The 2nd thing I heard and it's confirmed in the budget there's a rate and it's a good rate after all. They didn't tell me how much but they said it's a good rate. Me accept even 500 I accept. 500 to 1, I accept it. I'll take it and then you can talk about float and all that stuff.
3-2-2023 Newshound Guru Pimpy Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface. The Iraq Central Bank is doing a lot of what central banks are doing around the world which is increasing their gold reserves...Iraq went from 96.42 tons and jumped up in July of 2022 to 130.32 tons...which is awesome...
3-2-2023 Intel Guru MarkZ [via PDK] the budget should reach Sudani to sign at the end of the week. The end of their week in Iraq is Saturday. It may reach Sudani sooner…I have been expecting it at any moment since early yesterday. Question: Didn't Mark say the RV could go before budget was approved? Answer: MarkZ: yes it can. But we are being told that there is a significant rate change adopted in the budget. This could "force" the value change.
3-2-2023 Newshound Guru Kaperoni Big news for Iraq investors today. As we stated numerous times, the value of the dinar will be based on the success and growth of Iraq's economy...today, Iraq announced a significant economic hurdle has been achieved. The Iraqi Council of Ministers has agreed to accession to the Convention on the International Landing Transport System thus allowing the entry of thousands of trucks into Iraq containing goods, materials to revitalize Iraq!
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us only to use ours [dinars] but hold on to it...they're saying this will make our dinar stronger. They told us our reserves are now something like $117 and the gold is over 132 tons. Both of them they're telling us are the highest ever...
3-2-2023 Newshound/Intel Guru Mnt Goat ...when I talked to my CBI contact late last week it was a very positive conversation and I was left with the impression that this RV saga could finally be over much sooner than we think. I could not get a date since my contact told me there is no date set and that there are only targets.
3-2-2023 Intel Guru MarkZ [via PDK] ...many nations hold Iraqi dinar in their foreign currency reserves. This is very important…when they change the value…it makes an argument for a much higher rate. If there is a substantial rate change...these countries can use the dinar to pay off debt. With many countries failing and bankrupt around the world...The higher rate they can substantiate equals a lot of good will toward Iraq generates from many countries worldwide. This is awesome…
3-1-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-1-2023 Newshound Guru Pimpy Somebody said...they changed the rate again. I said no. I don't see that nowhere. None of the articles say they changed the rate but they did increase the number of outlets where you can purchase US dollars if you need them [Inside Iraq]...
3-1-2023 Intel Guru Frank26 The purpose of the CBI right now in the 2nd stage of the monetary reform is to bring in the new exchange rate, new small category notes and to float their currency. The only way all that can happen is if you destroy the American dollar inside of Iraq...
3-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-1-2023 Intel Guru MarkZ We are getting so much chatter...try to stay sane during this, i told you to expect it...there is a great amount of chatter about the rate change...hopefully we will get to the other side soon.
3-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] Inflation is part of this monetary reform in order to drive supply and demand for the Iraqi dinar in a society that only uses a program rate currency. By increasing the inflation they will be able to decrease it by adding value to their currency and increasing the economic reform. Security and demand will be due to the de-dollariaztion in the 2nd stage of the monetary reform that will open the 3rd stage.
3-1-2023 Guest Guru BobTheTaxMan Let's take an example...somebody purchased it [Iraqi dinar] for a thousand buck. The projected value would increase to $1,000,000. This particular investment type is treated as ordinary income. They decide to cash it all in at once. Here's the result: They have a taxable event. They lost 37% to the feds and 13% to the state. (That's before the "Green Book" is applied.) That leaves them with half... $500,000...to be able to invest. Everything that comes off that investment...is taxed again. [NOTE Consult your financial and tax advisors at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
3-1-2023 Intel Guru Frank26 There are 2 types of exchanges. There are those that have less than a million, they'll probably cash everything out and then there are those that have many millions. You got to know when to hold them, you have to know when to fold them...
3-1-2023 Newshound Guru Pimpy Article: "Iraq's foreign currency reserves hit $115 billion high" This article caught my attention...the amount of reserves they have...it's 5x the amount of their external debt. We know they have $115 billion in foreign reserves...they're saying if this was converted into Iraqi dinars it is approximately 150% of the amount of currency that's there...They have approximately $8.4 billion in gold assets. If you add the two together - $124 billion...it comes out to an exchange rate of approximately $1.61...that's not counting all the other assets like oil and deposits and everything else. The exchange rate...way undervalued...
3-1-2023 Intel Guru MarkZ [via PDK] ...I really thought we would be done by now. We dust off…pick ourselves up and battle on. We know it’s inevitable… Question: Do you think our notifications are in days or closer to the Ides of March on the 15th? Answer MarkZ: I think...in days...
3-1-2023 Newshound Guru Militia Man Muhammad Saleh...says their reserves are $115 billion which is up from the $90's. They also increased their gold reserves from about 96 tons to 132 tons...It's really truly amazing ...by him saying we have about 5x what we need in foreign reserves...to me that means they're going to be able to support the value of their currency because they have such a huge amount of reserves and gold and money coming in from abroad. I think they're bringing this up today is because it's going to give support to the investors to know they have the ability to...defend the currency value.
3-1-2023 Newshound Guru Clare Article: "Official: Iraq's reserves of foreign currency reach the highest level at 115 billion dollars" Quote: "Saleh explained it...the coverage of reserves from foreign exchange to the exported national currency amounts to nearly 150%, which is a very high percentage and represents optimal efficiency in reserves management standards, as well as covering the external debt that is obligatory to pay Iraq by about five times."
3-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic news is calling for de-dollarization. They want us to stop using the American dollar. They keep repeating this over and over again. It looks like they are preparing us for a date...Saying to put less demand in dollar and more on dinar so...the value of dinar will increase. They are telling the private sectors to get away from dual currencies. FRANK: That's basic economics 101...the 2nd and 3rd stage of the monetary reform is showing you to use only your currency and to hold on to it because it soon will have more value...And then when it floats internationally it will really go up...1 to 1 will be your purchasing power.
3-1-2023 Intel Guru RayRen98 MORE BANKS ARE SEEING THE 1.51 RATE BUT WON'T TRADE ON IT...AT LEAST NOT YET ANYWAY.
3-1-2023 Intel Guru MarkZ [via PDK] This is a huge, absolutely stunning , ginormous and positive news from Iraq. “Baghdad, Erbil reach an agreement on the 2023 budget –Lawmaker” I am told things have gone well and its submitted now for a “rubber stamp” on it…they even outline the details of it in the article…We were always told this is one of the last things that would “suddenly” happen before the RV release…so…this tells us we are awfully close.
3-1-2023 Newshound Guru Pimpy Somebody said...they changed the rate again. I said no. I don't see that nowhere. None of the articles say they changed the rate but they did increase the number of outlets where you can purchase US dollars if you need them [Inside Iraq]...
3-1-2023 Intel Guru Frank26 The purpose of the CBI right now in the 2nd stage of the monetary reform is to bring in the new exchange rate, new small category notes and to float their currency. The only way all that can happen is if you destroy the American dollar inside of Iraq...
3-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-1-2023 Intel Guru MarkZ We are getting so much chatter...try to stay sane during this, i told you to expect it...there is a great amount of chatter about the rate change...hopefully we will get to the other side soon.
3-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] Inflation is part of this monetary reform in order to drive supply and demand for the Iraqi dinar in a society that only uses a program rate currency. By increasing the inflation they will be able to decrease it by adding value to their currency and increasing the economic reform. Security and demand will be due to the de-dollariaztion in the 2nd stage of the monetary reform that will open the 3rd stage.
3-1-2023 Guest Guru BobTheTaxMan Let's take an example...somebody purchased it [Iraqi dinar] for a thousand buck. The projected value would increase to $1,000,000. This particular investment type is treated as ordinary income. They decide to cash it all in at once. Here's the result: They have a taxable event. They lost 37% to the feds and 13% to the state. (That's before the "Green Book" is applied.) That leaves them with half... $500,000...to be able to invest. Everything that comes off that investment...is taxed again. [NOTE Consult your financial and tax advisors at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
3-1-2023 Intel Guru Frank26 There are 2 types of exchanges. There are those that have less than a million, they'll probably cash everything out and then there are those that have many millions. You got to know when to hold them, you have to know when to fold them...
3-1-2023 Newshound Guru Pimpy Article: "Iraq's foreign currency reserves hit $115 billion high" This article caught my attention...the amount of reserves they have...it's 5x the amount of their external debt. We know they have $115 billion in foreign reserves...they're saying if this was converted into Iraqi dinars it is approximately 150% of the amount of currency that's there...They have approximately $8.4 billion in gold assets. If you add the two together - $124 billion...it comes out to an exchange rate of approximately $1.61...that's not counting all the other assets like oil and deposits and everything else. The exchange rate...way undervalued...
3-1-2023 Intel Guru MarkZ [via PDK] ...I really thought we would be done by now. We dust off…pick ourselves up and battle on. We know it’s inevitable… Question: Do you think our notifications are in days or closer to the Ides of March on the 15th? Answer MarkZ: I think...in days...
3-1-2023 Newshound Guru Militia Man Muhammad Saleh...says their reserves are $115 billion which is up from the $90's. They also increased their gold reserves from about 96 tons to 132 tons...It's really truly amazing ...by him saying we have about 5x what we need in foreign reserves...to me that means they're going to be able to support the value of their currency because they have such a huge amount of reserves and gold and money coming in from abroad. I think they're bringing this up today is because it's going to give support to the investors to know they have the ability to...defend the currency value.
3-1-2023 Newshound Guru Clare Article: "Official: Iraq's reserves of foreign currency reach the highest level at 115 billion dollars" Quote: "Saleh explained it...the coverage of reserves from foreign exchange to the exported national currency amounts to nearly 150%, which is a very high percentage and represents optimal efficiency in reserves management standards, as well as covering the external debt that is obligatory to pay Iraq by about five times."
3-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic news is calling for de-dollarization. They want us to stop using the American dollar. They keep repeating this over and over again. It looks like they are preparing us for a date...Saying to put less demand in dollar and more on dinar so...the value of dinar will increase. They are telling the private sectors to get away from dual currencies. FRANK: That's basic economics 101...the 2nd and 3rd stage of the monetary reform is showing you to use only your currency and to hold on to it because it soon will have more value...And then when it floats internationally it will really go up...1 to 1 will be your purchasing power.
3-1-2023 Intel Guru RayRen98 MORE BANKS ARE SEEING THE 1.51 RATE BUT WON'T TRADE ON IT...AT LEAST NOT YET ANYWAY.
3-1-2023 Intel Guru MarkZ [via PDK] This is a huge, absolutely stunning , ginormous and positive news from Iraq. “Baghdad, Erbil reach an agreement on the 2023 budget –Lawmaker” I am told things have gone well and its submitted now for a “rubber stamp” on it…they even outline the details of it in the article…We were always told this is one of the last things that would “suddenly” happen before the RV release…so…this tells us we are awfully close.
2-28-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-28-2023 Newshound Guru Pimpy Question: "What's going to happen with our dinar when they re-denominate their currency? I think we will be left holding a worthless currency that we have today." No that's not going to happen...we're not gonna be left with some worthless currency. We'll be able to exchange it.
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...new SWIFT system and the BUMA is going on already and they are having us change from the dollar to the dinar. There's even penalties against us if we don't do this. They are saying that they want us to pay for things only in the dinar and told us...this system will add value to our dinar...the new SWIFT system is the building block to this. FRANK: These international platforms are ready to go with the Iraqi dinar not with the American dollar anymore. That's huge...More than likely, very soon...at the beginning of the month the CBI is going to show you your new exchange rate and your new currency. They will explain to you how your new exchange rate will be attached to your new currency...prepare yourself for this fact IMO.
2-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-28-2023 Newshound Guru Jeff As of right now Iraq has achieved political stability since October of last year. They're moving forward to get their economics launched and rejoin the international world. Those are the steps they're in the middle of right now...
2-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are de-dollarizing because they are sovereign. They will not use any currency but their own. It will create a supply and demand...that will drive the rate. When it floats the economic reform will be the stimulus for the float as it moves upwardly until they cap it...
2-28-2023 Intel Guru MarkZ [via PDK] Member statement: I have heard that because of the amount of trade between Iraq and Vietnam…if Iraq goes first and alone…it would force Vietnam to go as well. MarkZ: I couldn’t agree more…I have a number of contacts that have also told me that it would cause major trade imbalances if they both don’t go.
2-28-2023 Newshound Guru Militia Man At this stage of the game we're expecting them to have an education process. If they're going to be international currency and they're going to come out with an international real effective exchange rate they're going to need new small category notes...from the CBI's website back in 2018 they allocated millions and millions of dollars to print small category notes...hopefully this is one of those times where we're going to see some education...we can see it any time. That's where we're at...
2-28-2023 Newshound Guru Henig Article: "US specialized agency: Iraq will not 'undermine the dominance of the dollar' by paying the yuan to China" Quote: "Middle East officials are quick to say that the dollar will remain the currency of choice for energy,"
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says the 2nd phase that we're in right now is all about the currency reform. He said this will allow us to float inside of Iraq and then outside...the rate has been recalculated in the budget and he feels like when it will be released it will be independent of the rate. Whatever they have it now in the budget as a rate...they will adjust it...he feels the currency reform allows the floating...which will cause adjustment in the budget. FRANK: 100% correct.
2-28-2023 Newshound Guru Sandy Ingram Many of us are wondering if these new deals with China...are good for our Iraqi dinar investments...what we are seeing is a small country pulling away from the west and moving towards friendships, partnerships and deals with China and neighboring countries. This is not necessarily a bad thing for Iraqi dinar investors. As long as Iraq is making safe progress we don't care who they hold hands with as long as sanctions are not in place with the people they are holding hands with. We want an increased value in the IQD against the US dollar...
2-28-2023 Intel Guru MarkZ [via PDK] The overwhelming majority of my sources believe it will start in the next hours or within a day or two.
2-28-2023 Newshound Guru Pimpy Gold is the second largest export for Iraq next to oil and gas. You can only imagine what would happen to Iraq if they would allow an actual mining company to coming in there and mine all the gold...
2-28-2023 Intel Guru Frank26 FRANK continues: IMSO now that we are walking into the 1st week of March you are about to see the new small category notes, new exchange rate and you will be given instructions by the CBI on how, where and when you are to handle your new currency reform... This 1st week of March has a great potential and I strongly believe there's nothing that's going to get in the way of my opinion... [Post 2 of 2]
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is saying the budget was returned to the Finance Minster for a new exchange rate. FRANK: ...The monetary reform has been very successful to bring stability and security to your new exchange rate and you have plenty of financial support not only through the economic reforms but through the foreign reserves you have to back the new exchange rate of your new currency that is coming and the float that is about to occur. [Post 1 of 2....stay tuned]
2-28-2023 Newshound/Intel Guru BGG Article: "An oil agreement paves the way for announcing a comprehensive budget in the coming days" Quotes: “the delegation of the Kurdistan region, for the first time, participated in writing the draft general financial budget in coordination with the federal government in Baghdad.”; "...the governments of Baghdad and Erbil have reached an integrated road map to resolve the crises, indicating that parliamentary consensus exists and is awaiting the budget to be passed."
2-28-2023 Intel Guru MarkZ [via PDK] We know Iraq is openly talking about changing the rate…and in their news…you will see there are a number of contracts that Iraq has paid to other countries in the last week or so…if you do the math…it is showing the rate of $1.66 to $1.86 or so…because of the number of dinar they gave and the dollars attached to those contracts. They paid those contracts in dinar. I think they are already dealing at a higher rate…it just hasn’t made it to us yet. They still have a bit of an educational process to continue for their people. They are still educating them on the lower denominations. We know they have been printed close to 5 years now. They are prepared.
2-28-2023 Newshound Guru Pimpy Question: "What's going to happen with our dinar when they re-denominate their currency? I think we will be left holding a worthless currency that we have today." No that's not going to happen...we're not gonna be left with some worthless currency. We'll be able to exchange it.
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...new SWIFT system and the BUMA is going on already and they are having us change from the dollar to the dinar. There's even penalties against us if we don't do this. They are saying that they want us to pay for things only in the dinar and told us...this system will add value to our dinar...the new SWIFT system is the building block to this. FRANK: These international platforms are ready to go with the Iraqi dinar not with the American dollar anymore. That's huge...More than likely, very soon...at the beginning of the month the CBI is going to show you your new exchange rate and your new currency. They will explain to you how your new exchange rate will be attached to your new currency...prepare yourself for this fact IMO.
2-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-28-2023 Newshound Guru Jeff As of right now Iraq has achieved political stability since October of last year. They're moving forward to get their economics launched and rejoin the international world. Those are the steps they're in the middle of right now...
2-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are de-dollarizing because they are sovereign. They will not use any currency but their own. It will create a supply and demand...that will drive the rate. When it floats the economic reform will be the stimulus for the float as it moves upwardly until they cap it...
2-28-2023 Intel Guru MarkZ [via PDK] Member statement: I have heard that because of the amount of trade between Iraq and Vietnam…if Iraq goes first and alone…it would force Vietnam to go as well. MarkZ: I couldn’t agree more…I have a number of contacts that have also told me that it would cause major trade imbalances if they both don’t go.
2-28-2023 Newshound Guru Militia Man At this stage of the game we're expecting them to have an education process. If they're going to be international currency and they're going to come out with an international real effective exchange rate they're going to need new small category notes...from the CBI's website back in 2018 they allocated millions and millions of dollars to print small category notes...hopefully this is one of those times where we're going to see some education...we can see it any time. That's where we're at...
2-28-2023 Newshound Guru Henig Article: "US specialized agency: Iraq will not 'undermine the dominance of the dollar' by paying the yuan to China" Quote: "Middle East officials are quick to say that the dollar will remain the currency of choice for energy,"
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says the 2nd phase that we're in right now is all about the currency reform. He said this will allow us to float inside of Iraq and then outside...the rate has been recalculated in the budget and he feels like when it will be released it will be independent of the rate. Whatever they have it now in the budget as a rate...they will adjust it...he feels the currency reform allows the floating...which will cause adjustment in the budget. FRANK: 100% correct.
2-28-2023 Newshound Guru Sandy Ingram Many of us are wondering if these new deals with China...are good for our Iraqi dinar investments...what we are seeing is a small country pulling away from the west and moving towards friendships, partnerships and deals with China and neighboring countries. This is not necessarily a bad thing for Iraqi dinar investors. As long as Iraq is making safe progress we don't care who they hold hands with as long as sanctions are not in place with the people they are holding hands with. We want an increased value in the IQD against the US dollar...
2-28-2023 Intel Guru MarkZ [via PDK] The overwhelming majority of my sources believe it will start in the next hours or within a day or two.
2-28-2023 Newshound Guru Pimpy Gold is the second largest export for Iraq next to oil and gas. You can only imagine what would happen to Iraq if they would allow an actual mining company to coming in there and mine all the gold...
2-28-2023 Intel Guru Frank26 FRANK continues: IMSO now that we are walking into the 1st week of March you are about to see the new small category notes, new exchange rate and you will be given instructions by the CBI on how, where and when you are to handle your new currency reform... This 1st week of March has a great potential and I strongly believe there's nothing that's going to get in the way of my opinion... [Post 2 of 2]
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is saying the budget was returned to the Finance Minster for a new exchange rate. FRANK: ...The monetary reform has been very successful to bring stability and security to your new exchange rate and you have plenty of financial support not only through the economic reforms but through the foreign reserves you have to back the new exchange rate of your new currency that is coming and the float that is about to occur. [Post 1 of 2....stay tuned]
2-28-2023 Newshound/Intel Guru BGG Article: "An oil agreement paves the way for announcing a comprehensive budget in the coming days" Quotes: “the delegation of the Kurdistan region, for the first time, participated in writing the draft general financial budget in coordination with the federal government in Baghdad.”; "...the governments of Baghdad and Erbil have reached an integrated road map to resolve the crises, indicating that parliamentary consensus exists and is awaiting the budget to be passed."
2-28-2023 Intel Guru MarkZ [via PDK] We know Iraq is openly talking about changing the rate…and in their news…you will see there are a number of contracts that Iraq has paid to other countries in the last week or so…if you do the math…it is showing the rate of $1.66 to $1.86 or so…because of the number of dinar they gave and the dollars attached to those contracts. They paid those contracts in dinar. I think they are already dealing at a higher rate…it just hasn’t made it to us yet. They still have a bit of an educational process to continue for their people. They are still educating them on the lower denominations. We know they have been printed close to 5 years now. They are prepared.
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2-27-2023 Intel Guru Frank26 How do you think the value of the Iraqi dinar is going to go up? On its own? Forex is the float.
2-27-2023 Newshound Guru Pimpy When it comes to Iraqi dinar there's a lot of variable that's involved. It isn't going to happen overnight. It'll most likely happen in increments. There's a lot of things that people have to take into consideration...
2-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-27-2023 Guest Guru Deepwoodz [Response to Guest Guru KandG post below] For me the mystery is due to what we’ve learned, that they cannot reveal a major change in their rate due to legalities...There are finer details and inner workings we are not privy to... I for one am not worried...there are hundreds of articles in just the last couple weeks alone concerning the exchange rate, contracts, other countries, online platforms, sonar devices, etc. None of this makes sense at 1300, 1190, or even 1:1. All this sounds like one of the most valuable currencies in the world.
2-27-2023 Intel Guru MarkZ [via PDK] Very quiet on the Iraqi RV front, almost like there are NDA's or something…they are talking all around things as if they have an NDA...been reaching out to individuals from the US side and they will talk about a lot of things but won’t answer questions…several strange conversations today. I hope this means something good...I am still hearing positive things about this week…the goal was still to get things out the door by tomorrow night. We will see if they meet it or don’t. We don’t know the timing…but we know it is exceptionally close.
2-27-2023 Newshound Guru Jeff When you look at their actions...about 2 weeks ago they had a major meeting in Washington D.C...the Iraq Central Bank met with the U.S. Treasury and Federal Reserve to lay out all the ongoing future requirements and steps that are going to be put in place regarding our money, their money and some other currencies out there and some precautionary steps in regards to the dollar - the cans and the can't do's. A lot of good things are happening...
2-27-2023 Intel Guru MarkZ [via PDK] [I saw...that Iraq is going 1 to 1 and redenominate at the same time…and then let it float.] That would make logistical sense. But as I understand it…the gold treaty needs them to come out at a higher rate. But if Iraq is frustrated on waiting…it makes sense for Iraq to come out at a lower rate and float. If it floats I believe it will float up…their goal was to reach the $4 mark…But, it would be nice to get the new big rate all at once.
2-27-2023 Newshound Guru Militia Man When we're talking about value we're talking about things that are determined from what? Income streams beget value...and assets create value. They don't want to underestimate the value and they don't want to overestimate the value. They want it right it line with what is fair or real - Real Effective Exchange Rate is on the table...
2-27-2023 Guest Guru KandG Article: "The Kurdistan Regional Government announces reaching an initial agreement with Baghdad on the draft budget law" Quote: "the Iraqi government revealed, two weeks ago, that the Ministry of Finance had begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars." ...Yes - I'm deemed negative but in actuality it is not negativity but looking at ALL articles, not just the ones that are favorable...
2-27-2023 Newshound Guru Paulette Typically, it [the budget] will go through First Reading and then go to Parliament's Finance Committee for review. This review is often at least 2-3 weeks and often much longer. It then comes back for Second Reading and if all agreed, it can then be passed. If not agreed it will go out for at least three days before Third Reading and passage paragraph by paragraph with the first paragraph delineating the rate.
2-27-2023 Intel Guru Frank26 You don't care about the exchange rate as it reaches 1 to 1 do you? Of course not. You're not going to exchange. You could. You could still make a nice little profit out of it but you're waiting for the 1 to 1. You know the rate at which it will float. [NOTE: Consult your financial advisors to determine the best exchange strategy for your unique circumstances.]
2-27-2023 Intel Guru MarkZ [via PDK] Many of my contacts thought they would wake up to a new rate today at the earliest…most likely by tomorrow…. I am watching it. Overwhelmingly they believe this time this is “it”...That they have scheduled it and are waiting on the release. None of us know the exact timing …but we do know everyone is ready for it.
2-27-2023 Newshound Guru Sandy Ingram The exchange rate between the USD and the IQD is still at 1458 on the international currency feed. We don't know why it has not calculated to 1300 per the CBI's rate change...[I'll] keep you posted.
2-27-2023 Newshound Guru Pimpy There's a difference in RV and RI...RV is when you re-value a currency. We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV. An RI is when you had an exchange rate for whatever reason they changed it and then once it was done they just reinstated it. That's what happened to Kuwait.
2-27-2023 Intel Guru Frank26 How do you think the value of the Iraqi dinar is going to go up? On its own? Forex is the float.
2-27-2023 Newshound Guru Pimpy When it comes to Iraqi dinar there's a lot of variable that's involved. It isn't going to happen overnight. It'll most likely happen in increments. There's a lot of things that people have to take into consideration...
2-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-27-2023 Guest Guru Deepwoodz [Response to Guest Guru KandG post below] For me the mystery is due to what we’ve learned, that they cannot reveal a major change in their rate due to legalities...There are finer details and inner workings we are not privy to... I for one am not worried...there are hundreds of articles in just the last couple weeks alone concerning the exchange rate, contracts, other countries, online platforms, sonar devices, etc. None of this makes sense at 1300, 1190, or even 1:1. All this sounds like one of the most valuable currencies in the world.
2-27-2023 Intel Guru MarkZ [via PDK] Very quiet on the Iraqi RV front, almost like there are NDA's or something…they are talking all around things as if they have an NDA...been reaching out to individuals from the US side and they will talk about a lot of things but won’t answer questions…several strange conversations today. I hope this means something good...I am still hearing positive things about this week…the goal was still to get things out the door by tomorrow night. We will see if they meet it or don’t. We don’t know the timing…but we know it is exceptionally close.
2-27-2023 Newshound Guru Jeff When you look at their actions...about 2 weeks ago they had a major meeting in Washington D.C...the Iraq Central Bank met with the U.S. Treasury and Federal Reserve to lay out all the ongoing future requirements and steps that are going to be put in place regarding our money, their money and some other currencies out there and some precautionary steps in regards to the dollar - the cans and the can't do's. A lot of good things are happening...
2-27-2023 Intel Guru MarkZ [via PDK] [I saw...that Iraq is going 1 to 1 and redenominate at the same time…and then let it float.] That would make logistical sense. But as I understand it…the gold treaty needs them to come out at a higher rate. But if Iraq is frustrated on waiting…it makes sense for Iraq to come out at a lower rate and float. If it floats I believe it will float up…their goal was to reach the $4 mark…But, it would be nice to get the new big rate all at once.
2-27-2023 Newshound Guru Militia Man When we're talking about value we're talking about things that are determined from what? Income streams beget value...and assets create value. They don't want to underestimate the value and they don't want to overestimate the value. They want it right it line with what is fair or real - Real Effective Exchange Rate is on the table...
2-27-2023 Guest Guru KandG Article: "The Kurdistan Regional Government announces reaching an initial agreement with Baghdad on the draft budget law" Quote: "the Iraqi government revealed, two weeks ago, that the Ministry of Finance had begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars." ...Yes - I'm deemed negative but in actuality it is not negativity but looking at ALL articles, not just the ones that are favorable...
2-27-2023 Newshound Guru Paulette Typically, it [the budget] will go through First Reading and then go to Parliament's Finance Committee for review. This review is often at least 2-3 weeks and often much longer. It then comes back for Second Reading and if all agreed, it can then be passed. If not agreed it will go out for at least three days before Third Reading and passage paragraph by paragraph with the first paragraph delineating the rate.
2-27-2023 Intel Guru Frank26 You don't care about the exchange rate as it reaches 1 to 1 do you? Of course not. You're not going to exchange. You could. You could still make a nice little profit out of it but you're waiting for the 1 to 1. You know the rate at which it will float. [NOTE: Consult your financial advisors to determine the best exchange strategy for your unique circumstances.]
2-27-2023 Intel Guru MarkZ [via PDK] Many of my contacts thought they would wake up to a new rate today at the earliest…most likely by tomorrow…. I am watching it. Overwhelmingly they believe this time this is “it”...That they have scheduled it and are waiting on the release. None of us know the exact timing …but we do know everyone is ready for it.
2-27-2023 Newshound Guru Sandy Ingram The exchange rate between the USD and the IQD is still at 1458 on the international currency feed. We don't know why it has not calculated to 1300 per the CBI's rate change...[I'll] keep you posted.
2-27-2023 Newshound Guru Pimpy There's a difference in RV and RI...RV is when you re-value a currency. We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV. An RI is when you had an exchange rate for whatever reason they changed it and then once it was done they just reinstated it. That's what happened to Kuwait.
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2-26-2023 Newshound Guru Militia Man There is some really big information that came out today…From The Arab Monetary Fund and Al Sudani talking about joining the International banking system. This is huge. These people are telling us they are going International.
2-26-2023 Newshound Guru Pimpy The United States has been tightening the screws down in Iraq because they feel money is being smuggled/laundered...over into Iran circumventing the sanctions...which is a no-no...we'll notice if the Untied States starts loosing up with the dollars...
2-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-26-2023 Intel Guru Frank26 They're telling us they're going to float the Iraqi dinar. Right now it's an internal float. 1750 to 1700 to 1550. What is it right now - 1300? We're looking for maybe 1190? 1000? It's going in the right direction. They're telling you the rate. They told you they were doing an internal float. They told you they're going to do an external float at least 1 to 1 with the American dollar. That's when you're going to exchange your currency aren't you?
2-26-2023 Newshound Guru Militia Man The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there's going to be a different change coming...I hope you guys feel like I do. You should be excited...
2-26-2023 Newshound/Intel Gurus Walkingstick & Frank26 A reinstatement of a currency of a country has never started at a 3+ with its exchange rate. Never...What about Kuwait? ...They reinstated. They put back the rate that they took down...They went back to $3.22. That is a reinstatement. The Iraqi dinar is not doing that. The Iraqi dinar is doing a reinstatement with a re-denomination. That is a completely different story. Kuwait was an RI. Iraq is an RD plus an RI. Kuwait could come out at its original exchange rate of $3+ but Iraq's monetary reform is a completely different matter. Iraq is a re-denomination that leads to a reinstatement of a new currency, for example the new small category notes.
2-26-2023 Newshound Guru Clare Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices."
2-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us on TV that the dinar is recovering and once again it will be strong. This is their words to us...that it will be strong and stable and they are saying our gas will burn off from our oil will be our energy source and GE is talking about the big deal that they just signed here. FRANK: The monetary reform cannot exist without electricity. You can't get the information to the citizens, you can't do the transfers, you can't do anything...
2-26-2023 Guest Guru Deepwoodz Question: "article says the budget will reach the house this week.so does that mean the com agreed on everything to send it to the goi?" I think yes...The COM is Sudani’s selected government whom Parliament gave a vote of confidence for. Between them and the PM, they are carrying out what they’ve been calling the government program. It’s supposed to be why they achieved the approval of Parliament in their beginning. I believe that this budget, like everything else it seems since Sudani came on scene, will pass scrutiny rather quickly. As it should be reflective of all the promises they made in order to gain power.
2-26-2023 Newshound Guru Pimpy Does the future look bright for Iraq? Yes, as long as they start getting their shit together and their government starts doing the right things necessary like providing funding for infrastructure and helping with education that helps contribute to the currency exchange rate.
2-26-2023 Intel Guru Frank26 Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices." ...THIS IS EXPLAINING & TALKING ABOUT THE INTERNATIONAL FLOAT OF THE IQD THAT IS ABOUT TO START.
2-26-2023 Newshound Guru Sandy Ingram This is the first time imports from China will be paid for in Yuan. Before now all imports were paid for in U.S. dollars. The Central Bank of Iraq said this move could boost the balances in Iraqi banks that have accounts with Chinese banks. It would also boost local bank balances through the central bank's U.S. dollar reserve accounts with JP Morgan...It would work something like this. The Iraqi bank would convert U.S. dollars to Yuan and pay invoices in China [Post 2 of 2]
2-26-2023 Newshound Guru Sandy Ingram Currency Mayhem - IQD from USD to CNY. Article: "Iraq, short on dollars, moves to purchases with Chinese yuan" To compensate for a foreign currency shortage Iraq Central Bank said the country would soon trade with China directly in Yuan...This happened ...because the Iraqi Parliament approved a currency revaluation in response to a shortage of U.S. dollars... The Federal Reserve Bank pulled back on U.S. currency in Iraq because it was proven that US dollars were flowing freely into Iran and Syria... [Post 1 of 2...stay tuned]
2-26-2023 Intel Guru MarkZ [via PDK] Quote: “in order to prevent the movement of cash through borders and ports that exceeds what is specified in instructions from the central bank of 10K in dollars. The Compton security authorities follow up and inspect vehicles that pass borders to prevent smuggling. And take legal actions in coordination with the Central bank while providing the banks with the amounts discovered and their sequence numbers” Why is this important? One of the things we were told that we would see right on the cusp of this change in value was a closing of their financial borders. They have now done this electronically and physically...IMO this is enormous news coming out of Iraq...I am more than a little excited…I am EXTREMELY excited about the news coming out of Iraq.
2-26-2023 Newshound Guru Militia Man There is some really big information that came out today…From The Arab Monetary Fund and Al Sudani talking about joining the International banking system. This is huge. These people are telling us they are going International.
2-26-2023 Newshound Guru Pimpy The United States has been tightening the screws down in Iraq because they feel money is being smuggled/laundered...over into Iran circumventing the sanctions...which is a no-no...we'll notice if the Untied States starts loosing up with the dollars...
2-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-26-2023 Intel Guru Frank26 They're telling us they're going to float the Iraqi dinar. Right now it's an internal float. 1750 to 1700 to 1550. What is it right now - 1300? We're looking for maybe 1190? 1000? It's going in the right direction. They're telling you the rate. They told you they were doing an internal float. They told you they're going to do an external float at least 1 to 1 with the American dollar. That's when you're going to exchange your currency aren't you?
2-26-2023 Newshound Guru Militia Man The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there's going to be a different change coming...I hope you guys feel like I do. You should be excited...
2-26-2023 Newshound/Intel Gurus Walkingstick & Frank26 A reinstatement of a currency of a country has never started at a 3+ with its exchange rate. Never...What about Kuwait? ...They reinstated. They put back the rate that they took down...They went back to $3.22. That is a reinstatement. The Iraqi dinar is not doing that. The Iraqi dinar is doing a reinstatement with a re-denomination. That is a completely different story. Kuwait was an RI. Iraq is an RD plus an RI. Kuwait could come out at its original exchange rate of $3+ but Iraq's monetary reform is a completely different matter. Iraq is a re-denomination that leads to a reinstatement of a new currency, for example the new small category notes.
2-26-2023 Newshound Guru Clare Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices."
2-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us on TV that the dinar is recovering and once again it will be strong. This is their words to us...that it will be strong and stable and they are saying our gas will burn off from our oil will be our energy source and GE is talking about the big deal that they just signed here. FRANK: The monetary reform cannot exist without electricity. You can't get the information to the citizens, you can't do the transfers, you can't do anything...
2-26-2023 Guest Guru Deepwoodz Question: "article says the budget will reach the house this week.so does that mean the com agreed on everything to send it to the goi?" I think yes...The COM is Sudani’s selected government whom Parliament gave a vote of confidence for. Between them and the PM, they are carrying out what they’ve been calling the government program. It’s supposed to be why they achieved the approval of Parliament in their beginning. I believe that this budget, like everything else it seems since Sudani came on scene, will pass scrutiny rather quickly. As it should be reflective of all the promises they made in order to gain power.
2-26-2023 Newshound Guru Pimpy Does the future look bright for Iraq? Yes, as long as they start getting their shit together and their government starts doing the right things necessary like providing funding for infrastructure and helping with education that helps contribute to the currency exchange rate.
2-26-2023 Intel Guru Frank26 Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices." ...THIS IS EXPLAINING & TALKING ABOUT THE INTERNATIONAL FLOAT OF THE IQD THAT IS ABOUT TO START.
2-26-2023 Newshound Guru Sandy Ingram This is the first time imports from China will be paid for in Yuan. Before now all imports were paid for in U.S. dollars. The Central Bank of Iraq said this move could boost the balances in Iraqi banks that have accounts with Chinese banks. It would also boost local bank balances through the central bank's U.S. dollar reserve accounts with JP Morgan...It would work something like this. The Iraqi bank would convert U.S. dollars to Yuan and pay invoices in China [Post 2 of 2]
2-26-2023 Newshound Guru Sandy Ingram Currency Mayhem - IQD from USD to CNY. Article: "Iraq, short on dollars, moves to purchases with Chinese yuan" To compensate for a foreign currency shortage Iraq Central Bank said the country would soon trade with China directly in Yuan...This happened ...because the Iraqi Parliament approved a currency revaluation in response to a shortage of U.S. dollars... The Federal Reserve Bank pulled back on U.S. currency in Iraq because it was proven that US dollars were flowing freely into Iran and Syria... [Post 1 of 2...stay tuned]
2-26-2023 Intel Guru MarkZ [via PDK] Quote: “in order to prevent the movement of cash through borders and ports that exceeds what is specified in instructions from the central bank of 10K in dollars. The Compton security authorities follow up and inspect vehicles that pass borders to prevent smuggling. And take legal actions in coordination with the Central bank while providing the banks with the amounts discovered and their sequence numbers” Why is this important? One of the things we were told that we would see right on the cusp of this change in value was a closing of their financial borders. They have now done this electronically and physically...IMO this is enormous news coming out of Iraq...I am more than a little excited…I am EXTREMELY excited about the news coming out of Iraq.
2-25-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-25-2023 Newshound/Intel Guru Mnt Goat ...the Central Bank of Iraq launched the second package of reforms. In a remarkable statement, the Central Bank of Iraq announced, a plan to allow trade with China in Chinese yuan instead of dollars, in an apparent attempt to improve access to foreign currency and reduce dependence on the dollar. WOW! ...we can see this is good news and also bad news as it may lead to complications if the CBI does not manage it correctly. ...Would Iraq sell oil for Yuan? ...if Iraq did make this move this would certainly push them even more to reinstate the dinar as an international currency once again but only if the CBI can also control these new currencies. We just have to wait and watch. It won’t be long before we see what happens.
2-25-2023 Newshound Guru Pimpy Question [If they remove the zeros from the currency what will happen to the old currency? Is it only the 25,000 note?] ...I'm sure we'll have time to go ahead and swap our currency out. You just can't screw over a lot of people who are legitimately holding on to the Iraqi dinar. If it were to happen it [the CBI] would give us a window of opportunity in which to go ahead and make the exchange...
2-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-25-2023 Intel Guru Frank26 Article "An economist expects a third package from the central bank to reduce the dollar" Quote "...There will be a third package of decisions for the Central Bank to reach the parallel price at the rate of 2%...ratio between the official and commercial price...the decline will face resistance from traders, speculators, importers of goods, and stakeholders." THE EXTERNAL FLOAT WITH A PLUS OR MINUS OF 2-3%.
2-25-2023 Newshound Guru Breitling It's black and white. Iraq picked the right guys. They picked us. They're going to stay with us. They're not going to go with the BRICS. They're not going with Asia. They're not going to go with the EU. They're going to stay with the biggest massive system in the world where they can get capital. And if they need to raise money through the IMF...they're going to stay with those guys because Europe doesn't have any money to lend out. China doesn't have any money to lend out and if they do lend it out it's not worth the risk for them...
2-25-2023 Newshound Guru Militia Man It's been 20 years they've had this process going and now they're finally getting to that change. If we can't see it now we probably never will but at this stage of the game I'm a believer that they are telling us and they did tell us there's no going back. This process is underway.
2-25-2023 Intel Guru Frank26 Articles: "Sudanese advisor: Central Bank reserves are subject to guidelines regarding diversification between currencies" DIVERSIFICATION BETWEEN CURRENCIES...BECAUSE THE IQD IS ABOUT TO FLOAT AGAINST MANY FOREIGN CURRENCIES... THIS IS CURRENCY REFORM EDUCATION! ...this is explaining the external float to the Iraqi citizens...
2-25-2023 Newshound Guru Pimpy With a strong economy and the gold reserves are up and the foreign currency reserves are up there's no reason for Iraq not to have a stronger exchange rate once you can start providing more jobs and you start redoing infrastructure but it's not going to happen overnight. You're not going to see no presto huge jump in the exchange rate. No. It's going to go up in increments...
2-25-2023 Intel Guru MarkZ [via PDK] I am still hearing it’s going to be a complete reinstatement or revaluation…perhaps they are going to do this in-markets there on the streets and quickly let it float up to their desired level…we shall see. But that is the chatter and its been overwhelming over the last few hours out of Iraq...Based on the news from Iraq…I hope our exchanges will start sometime this upcoming week…Its looking good and the chatter is overwhelmingly good...This is extremely exciting. [post 2 of 2]
2-25-2023 Intel Guru MarkZ [via PDK] In Iraq...They are...talking about having the new value in the budget and they have made alterations in the new budget for a new value in it. It is believed to be a higher value. The budget is being presented this week. The chatter on the street is indeed is 1 to 1 and then a float… PAY ATTENTION BECAUSE THIS IS IMPORTANT... I do not think this is what we are going to see over here. [post 1 of 2....stay tuned]
2-25-2023 Newshound Guru Samson Article: "An economist expects a third package from the central bank to reduce the dollar". THIRD PACKAGE OF DECISIONS - POWERFUL.
2-25-2023 Newshound Guru Sandy Ingram CBI announced Iraq will do business with China using the Chinese currency...this is an attempt the Central Bank of Iraq is saying to stabilize or help stabilize the IQD.
2-25-2023 Intel Guru Frank26 What is the rate that they will leave their borders and be done with the internal float? 1 to 1. How long will it float externally into the markets in the currency reform? I don't know. 'I don't care.' Why? 'I only have a million dinar.' Oh. 'I care' Why? 'I have a lot of dinars.' For those of you that have a lot of dinars that are going to be paying attention to this next phase - It will be well managed and well controlled in the float...
2-25-2023 Newshound/Intel Guru Mnt Goat There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD is no longer pegged to the dollar...When I reviewed the Dr. Shabibi 2011 plan of the process to reinstate the Iraqi dinar...that part of the process would be to de-peg for the dollar then watch for inflation...This period of adjusting for inflation could take a few days, weeks or even months...We must now settle down and relax while we watch the process play out.
2-25-2023 Newshound/Intel Guru Mnt Goat ...the Central Bank of Iraq launched the second package of reforms. In a remarkable statement, the Central Bank of Iraq announced, a plan to allow trade with China in Chinese yuan instead of dollars, in an apparent attempt to improve access to foreign currency and reduce dependence on the dollar. WOW! ...we can see this is good news and also bad news as it may lead to complications if the CBI does not manage it correctly. ...Would Iraq sell oil for Yuan? ...if Iraq did make this move this would certainly push them even more to reinstate the dinar as an international currency once again but only if the CBI can also control these new currencies. We just have to wait and watch. It won’t be long before we see what happens.
2-25-2023 Newshound Guru Pimpy Question [If they remove the zeros from the currency what will happen to the old currency? Is it only the 25,000 note?] ...I'm sure we'll have time to go ahead and swap our currency out. You just can't screw over a lot of people who are legitimately holding on to the Iraqi dinar. If it were to happen it [the CBI] would give us a window of opportunity in which to go ahead and make the exchange...
2-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-25-2023 Intel Guru Frank26 Article "An economist expects a third package from the central bank to reduce the dollar" Quote "...There will be a third package of decisions for the Central Bank to reach the parallel price at the rate of 2%...ratio between the official and commercial price...the decline will face resistance from traders, speculators, importers of goods, and stakeholders." THE EXTERNAL FLOAT WITH A PLUS OR MINUS OF 2-3%.
2-25-2023 Newshound Guru Breitling It's black and white. Iraq picked the right guys. They picked us. They're going to stay with us. They're not going to go with the BRICS. They're not going with Asia. They're not going to go with the EU. They're going to stay with the biggest massive system in the world where they can get capital. And if they need to raise money through the IMF...they're going to stay with those guys because Europe doesn't have any money to lend out. China doesn't have any money to lend out and if they do lend it out it's not worth the risk for them...
2-25-2023 Newshound Guru Militia Man It's been 20 years they've had this process going and now they're finally getting to that change. If we can't see it now we probably never will but at this stage of the game I'm a believer that they are telling us and they did tell us there's no going back. This process is underway.
2-25-2023 Intel Guru Frank26 Articles: "Sudanese advisor: Central Bank reserves are subject to guidelines regarding diversification between currencies" DIVERSIFICATION BETWEEN CURRENCIES...BECAUSE THE IQD IS ABOUT TO FLOAT AGAINST MANY FOREIGN CURRENCIES... THIS IS CURRENCY REFORM EDUCATION! ...this is explaining the external float to the Iraqi citizens...
2-25-2023 Newshound Guru Pimpy With a strong economy and the gold reserves are up and the foreign currency reserves are up there's no reason for Iraq not to have a stronger exchange rate once you can start providing more jobs and you start redoing infrastructure but it's not going to happen overnight. You're not going to see no presto huge jump in the exchange rate. No. It's going to go up in increments...
2-25-2023 Intel Guru MarkZ [via PDK] I am still hearing it’s going to be a complete reinstatement or revaluation…perhaps they are going to do this in-markets there on the streets and quickly let it float up to their desired level…we shall see. But that is the chatter and its been overwhelming over the last few hours out of Iraq...Based on the news from Iraq…I hope our exchanges will start sometime this upcoming week…Its looking good and the chatter is overwhelmingly good...This is extremely exciting. [post 2 of 2]
2-25-2023 Intel Guru MarkZ [via PDK] In Iraq...They are...talking about having the new value in the budget and they have made alterations in the new budget for a new value in it. It is believed to be a higher value. The budget is being presented this week. The chatter on the street is indeed is 1 to 1 and then a float… PAY ATTENTION BECAUSE THIS IS IMPORTANT... I do not think this is what we are going to see over here. [post 1 of 2....stay tuned]
2-25-2023 Newshound Guru Samson Article: "An economist expects a third package from the central bank to reduce the dollar". THIRD PACKAGE OF DECISIONS - POWERFUL.
2-25-2023 Newshound Guru Sandy Ingram CBI announced Iraq will do business with China using the Chinese currency...this is an attempt the Central Bank of Iraq is saying to stabilize or help stabilize the IQD.
2-25-2023 Intel Guru Frank26 What is the rate that they will leave their borders and be done with the internal float? 1 to 1. How long will it float externally into the markets in the currency reform? I don't know. 'I don't care.' Why? 'I only have a million dinar.' Oh. 'I care' Why? 'I have a lot of dinars.' For those of you that have a lot of dinars that are going to be paying attention to this next phase - It will be well managed and well controlled in the float...
2-25-2023 Newshound/Intel Guru Mnt Goat There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD is no longer pegged to the dollar...When I reviewed the Dr. Shabibi 2011 plan of the process to reinstate the Iraqi dinar...that part of the process would be to de-peg for the dollar then watch for inflation...This period of adjusting for inflation could take a few days, weeks or even months...We must now settle down and relax while we watch the process play out.
2-24-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 They are explaining to the citizens all the details of the currency reform. This is the CBI's 2nd stage...it is the how, when, why and where of the 2nd stage of the currency reform...The currency reform will introduce the new exchange rate and the new small category notes.
2-24-2023 Intel Guru Frank26 The 2 questions that are constantly being asked of me - What is the date? What is the rate? ...the rate in the articles - they're going to float the dinar. They make it very plain and simple that their goal is to try to be at least 1 to 1 with the Iraqi dinar when they float...the rate right now is 1300 maybe soon it'll be 1190, maybe 1000 to 1...
2-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-24-2023 Intel Guru MarkZ [via PDK] I have a contact with a banking story…they said their bank (a major bank) drive through was closed…the ATM was down for work…they had a conversation with a long time banking contact there who said they were updating and changing their drive throughs and ATMs for our new currency...huge news in my book...Its getting harder and harder to hide this from the rank and file workers…they know they are getting new equipment…Some of this new equipment is to verify foreign currency so they can exchange them…they are keeping this so compartmentalized in the banking sector…they know something huge is happening…If they were told...that many foreign currencies will soon be worth a lot…how many of these employees would still be around in the future? So they try to keep them in the dark...
2-24-2023 Newshound Guru Clare Article: "Historic collapse.. The Iranian currency records 5 million per 100 dollars" Quote: "The decline of the Iranian currency comes despite the recent steps taken by the regime, including the appointment of Muhammad Reza Farzin as the new governor of the Central Bank on December 30, 2022...the riyal was trading at 315,000 riyals to the dollar when anti-government protests erupted in mid-September."
2-24-2023 Intel Guru Bruce [via WiserNow] ...a- boy are we ever close... we are at the precipice and we are looking very good...Iraq I believe has done what they were supposed to have done. Everything is positive ...there does not appear to be anything else in the way of this going as far as we know...I'm not really seeing or feeling that things are holding us up at this point...
2-24-2023 Newshound Guru Samson Article: "Parliament hosts the governor of the Central Bank of Iraq to discuss "the status of the dollar". EXCHANGE RATE ON THE TABLE AGAIN.
2-24-2023 Newshound Guru Militia Man The National Investment Commission...saying they're going to adopt the Iraqi dinar in paying dues for housing... They're getting rid of the MCPs (multi-currency practices). They are going to be paying dues/rents in dinar. This is the governmental process coming into play...The banking system has gone digital. They've gone to the new Swift system now the government is going and interconnecting with the new system...they're going to be in...the dinar.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani again is telling Iraqi citizens to hold on to their dinars. They are talking about how we will lose money if we don't. And that the dinar will gain value. FRANK: Sudani again this week comes out and tells the Iraqi citizens hold onto your dinars, don't be trading them in for foreign currency/for American dollars...If it was not happening the way we think it's happening they sure as heck wouldn't tell them that...That is the most powerful, significant thing that is happening right now. Sudani and the governor of the CBI telling the Iraqi citizens don't let go of your 3 zero notes, you're going to be trading them in at a different rate of 1 to 1...
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 When it floats internationally, the Iraqi dinar will be listed as an emerging or transitioning economy in the international marketplace...This is part of the monetary reform...
2-24-2023 Newshound Guru Pimpy Think about it...what ends up happening is you create a black market. Whether the exchange rate is better in-country or out of the country you're sill going to have people buying dinars, selling them on the opposite side just so they can make more money. That's why you won't have an in-country rate...use a little common sense. That doesn't make any sense whatsoever. None whatsoever. There is no 'in-country rate.' [Post 3 of 3]
2-24-2023 Newshound Guru Pimpy Let's pretend that in fact there is an in-country rate versus the rest of the world. Let's say everybody outside of Iraq gets a rate of 1300...and the people on the inside of Iraq get 1000 dinars... Here's the problem - Why wouldn't I just have people outside of Iraq buy my Iraqi dinars for more and smuggle it to me in county? Because then for every dollar I'm getting an additional 300 dinars for every dollar...Does that make sense to you? [Post 2 of 3....stay tuned]
2-24-2023 Newshound Guru Pimpy I got people out there telling me, 'No Pimpy man they got an in-country rate versus an out-country rate.' No they don't. I told you guys I don't know how many times that doesn't make any sense. Do you understand if they had a different exchange rate compared to what the rest of the world has, the type of black market that would be created because of the 2 different rate changes? Does not make sense to you? [Post 1 of 3...stay tuned]
2-24-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY ENERGY: THE OIL AND GAS LAW WILL PASS THIS SESSION AND WE ARE WAITING FOR IT TO ARRIVE" Draft oil and gas law...the Parliamentary Oil, Gas and Natural Resources Committee called on the government to send the final version of the draft oil and gas law, affirming its intention to proceed with enacting the law.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the new mechanism will be implemented in coming days to change the dollar exchange rate and to make the dinar more stable...we don't know the change. In the coming days we expect it to be like 1190 but that's just our guess. It could be better with this mechanism. FRANK: Yeah! It could be 1000...because that's the prefect position.
2-24-2023 Intel Guru MarkZ [via PDK] Question: What is HCL? MarkZ: Hydrocarbon Law. Its basically how they set up the profit sharing…for all the regions in Iraq...Including the Kurdish region. How they will spread the wealth around the country from all the revenue of precious metals, oik, natural gas etc… [reference MarkZ post below]
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 They are explaining to the citizens all the details of the currency reform. This is the CBI's 2nd stage...it is the how, when, why and where of the 2nd stage of the currency reform...The currency reform will introduce the new exchange rate and the new small category notes.
2-24-2023 Intel Guru Frank26 The 2 questions that are constantly being asked of me - What is the date? What is the rate? ...the rate in the articles - they're going to float the dinar. They make it very plain and simple that their goal is to try to be at least 1 to 1 with the Iraqi dinar when they float...the rate right now is 1300 maybe soon it'll be 1190, maybe 1000 to 1...
2-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-24-2023 Intel Guru MarkZ [via PDK] I have a contact with a banking story…they said their bank (a major bank) drive through was closed…the ATM was down for work…they had a conversation with a long time banking contact there who said they were updating and changing their drive throughs and ATMs for our new currency...huge news in my book...Its getting harder and harder to hide this from the rank and file workers…they know they are getting new equipment…Some of this new equipment is to verify foreign currency so they can exchange them…they are keeping this so compartmentalized in the banking sector…they know something huge is happening…If they were told...that many foreign currencies will soon be worth a lot…how many of these employees would still be around in the future? So they try to keep them in the dark...
2-24-2023 Newshound Guru Clare Article: "Historic collapse.. The Iranian currency records 5 million per 100 dollars" Quote: "The decline of the Iranian currency comes despite the recent steps taken by the regime, including the appointment of Muhammad Reza Farzin as the new governor of the Central Bank on December 30, 2022...the riyal was trading at 315,000 riyals to the dollar when anti-government protests erupted in mid-September."
2-24-2023 Intel Guru Bruce [via WiserNow] ...a- boy are we ever close... we are at the precipice and we are looking very good...Iraq I believe has done what they were supposed to have done. Everything is positive ...there does not appear to be anything else in the way of this going as far as we know...I'm not really seeing or feeling that things are holding us up at this point...
2-24-2023 Newshound Guru Samson Article: "Parliament hosts the governor of the Central Bank of Iraq to discuss "the status of the dollar". EXCHANGE RATE ON THE TABLE AGAIN.
2-24-2023 Newshound Guru Militia Man The National Investment Commission...saying they're going to adopt the Iraqi dinar in paying dues for housing... They're getting rid of the MCPs (multi-currency practices). They are going to be paying dues/rents in dinar. This is the governmental process coming into play...The banking system has gone digital. They've gone to the new Swift system now the government is going and interconnecting with the new system...they're going to be in...the dinar.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani again is telling Iraqi citizens to hold on to their dinars. They are talking about how we will lose money if we don't. And that the dinar will gain value. FRANK: Sudani again this week comes out and tells the Iraqi citizens hold onto your dinars, don't be trading them in for foreign currency/for American dollars...If it was not happening the way we think it's happening they sure as heck wouldn't tell them that...That is the most powerful, significant thing that is happening right now. Sudani and the governor of the CBI telling the Iraqi citizens don't let go of your 3 zero notes, you're going to be trading them in at a different rate of 1 to 1...
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 When it floats internationally, the Iraqi dinar will be listed as an emerging or transitioning economy in the international marketplace...This is part of the monetary reform...
2-24-2023 Newshound Guru Pimpy Think about it...what ends up happening is you create a black market. Whether the exchange rate is better in-country or out of the country you're sill going to have people buying dinars, selling them on the opposite side just so they can make more money. That's why you won't have an in-country rate...use a little common sense. That doesn't make any sense whatsoever. None whatsoever. There is no 'in-country rate.' [Post 3 of 3]
2-24-2023 Newshound Guru Pimpy Let's pretend that in fact there is an in-country rate versus the rest of the world. Let's say everybody outside of Iraq gets a rate of 1300...and the people on the inside of Iraq get 1000 dinars... Here's the problem - Why wouldn't I just have people outside of Iraq buy my Iraqi dinars for more and smuggle it to me in county? Because then for every dollar I'm getting an additional 300 dinars for every dollar...Does that make sense to you? [Post 2 of 3....stay tuned]
2-24-2023 Newshound Guru Pimpy I got people out there telling me, 'No Pimpy man they got an in-country rate versus an out-country rate.' No they don't. I told you guys I don't know how many times that doesn't make any sense. Do you understand if they had a different exchange rate compared to what the rest of the world has, the type of black market that would be created because of the 2 different rate changes? Does not make sense to you? [Post 1 of 3...stay tuned]
2-24-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY ENERGY: THE OIL AND GAS LAW WILL PASS THIS SESSION AND WE ARE WAITING FOR IT TO ARRIVE" Draft oil and gas law...the Parliamentary Oil, Gas and Natural Resources Committee called on the government to send the final version of the draft oil and gas law, affirming its intention to proceed with enacting the law.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the new mechanism will be implemented in coming days to change the dollar exchange rate and to make the dinar more stable...we don't know the change. In the coming days we expect it to be like 1190 but that's just our guess. It could be better with this mechanism. FRANK: Yeah! It could be 1000...because that's the prefect position.
2-24-2023 Intel Guru MarkZ [via PDK] Question: What is HCL? MarkZ: Hydrocarbon Law. Its basically how they set up the profit sharing…for all the regions in Iraq...Including the Kurdish region. How they will spread the wealth around the country from all the revenue of precious metals, oik, natural gas etc… [reference MarkZ post below]
2-23-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency reform education contains the new currency itself, the new exchange rate, the new coins that will be coming out, the new small category notes...and the coexisting of the large denominations they have right now. It will also include the information about the private satellite banks...
2-23-2023 Newshound Guru Pimpy There's some interactions between Iraq and Interpol I find interesting. Article: "Interpol reveals details of Iraqi money recovery" 182 people they've caught...that's a lot of people...
2-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-23-2023 Intel Guru MarkZ [via PDK] There is more news from Iraq that their budget is going in this weekend. About the HCL law…they believe the entire framework will be completed and agreed upon before the budget hits parliament. This is extremely positive news out of Iraq. The HCL or Hydrocarbon law was one of those things we were told to look for before the RV. [When we see the HCL passed…its showtime!!!] I agree…
2-23-2023 Intel Guru Frank26 Article: "The Central Bank announces the second package of facilities to obtain foreign currency" THIS IS THE START OF THE 'CURRENCY REFORM' EXPLAINING THE HOW, WHEN & WHY OF THE SECOND STAGE LEADING TO A RD FOR A RI.
2-23-2023 Newshound Guru Breitling They're not going to announce that they're going to revalue. But that doesn't mean they can't say, 'We're going to adjust the exchange rate.' They say that all the time.
2-23-2023 Newshound Guru Militia Man Changing from the dollar to the dinar in real estate is going to be a a big thing because multi-currency practices are going to be gone. They're making it so that people have to use the dinar. Whether that's in real estate, whether that's in commercial business, the dinar is going to be the main focus...
2-23-2023 Intel Guru MarkZ [via PDK] “Iraq Pivots to Yuan for China Imports in defense of its own currency” This is Bloomberg. This is worldwide news now… ”Iraqi Central banks to drop dollar for Yuon in trade with China” They are being up front with what they are doing so they can reinstate or revalue their currency. This is happening.
2-23-2023 Newshound Guru Pimpy Inflation, unemployment, demand, political stability, supply, future prospects...all play a part in the currency exchange rate. Is inflation down? They're saying it was at double digits last couple years although every time I look at it it's in single digits. Unemployment is not under check...Demand for the currency? There is none. People want the dollar. That's why the market rate is so much different than the official rate. Political stability? No. We just watched Iraq go through an entire year of bickering about who is going to run the government. Supply? They have nothing to offer the outside world, not yet, but they definitely need a lot of things in country. Future Prospects? ...over 65% of the people in Iraq over the next couple years will be of working age. That's perfect.
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One...the foreign minister on the news is talking about the dollar exchange rate will continue to go downward until it reaches stability point. They're saying that Iraq working with the USA on a mechanism ...to strengthen the dinar. FRANK: They are using that 2nd stage, 2nd mechanism, 2nd Article, whatever you want to call it, in order to bring down the exchange rate against the American dollar. [NOTE: Remember the dollar going downward vs the dinar is good for dinar holders.]
2-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The last CBI meetings said that within the next week or so they will start to introduce the currency reform...What is the currency reform? ...[It] removes any restrictions that is preventing a currency from being implemented. There is no stopping the re-denomination that is entering the reinstatement of the Iraqi dinar. The restrictions on the currency through the program rates are now being removed...That's why you see so many exchange places being shut down right now because the currency reform is taking place.
2-23-2023 Guru Nader From The Mid East If it [The dinar] goes viral you'll see the bank will sell it and you will change it to wherever you are in any state...Florida...New York..Long Island, California...Arizona, Texas, Georgia, wherever. The bank would accept it. You're not going to travel nowhere.
2-23-2023 Intel Guru MarkZ [via PDK] The chatter has been awesome on the banking side. But, it’s the bankers…It is their job to be prepared. We talk about the “Boy who cried wolf” No matter how many times that boy cries wolf…it’s their job to be ready…we do know its close. Will we make in February? I am praying and hopeful that we make it. I am still hearing everything from tonight to March 2nd…a couple are looking at Ramadan.[Ramadan begins Mar 22nd and ends April 20th this year.] …but most are looking at much sooner than that...
2-23-2023 Newshound Guru Pimpy Once Iraq enrolls into the World Trade Organization it opens up big doors for Iraq to do international business. This also guarantees Iraq is able to do international business. This organization will facilitate Iraq exports and make sure this gets done...this is a great thing for Iraq who is rebuilding, who is an emerging market...
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The street rates are slowly coming down now...the official rate is 1320 but the street rate it's getting around 1550. That's down from 1750... All the meetings that Iraq has had with the USA feds and treasury was things that were needed to be done by Iraqi merchants to help lower the dollar rate. It was a success they're telling us... FRANK: 1190 is next. I really do think so. I'm pushing for 1000. That's what I want because then the 3 zeros could be easily lifted up
2-23-2023 Newshound/Intel Guru Mnt Goat ...The conclusion of the dialogues of the Iraqi delegation in the United States of America, related to the dollar crisis are completed. In a way this visit was different from all previous delegations that visited Washington previously. We are being told today in an article that the results of this negotiation were more than positive, and there was a very big surprise coming...
2-23-2023 Intel Guru MarkZ [via PDK] Question: Its Ramadan again…will this delay the RV? Answer: I was always told that they would love to do it over Ramadan. This is an enormous celebration for them. Most families are together for Ramadan…. I was told if they had their pick of any time of year to do it…they would pick Ramadan.
2-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency reform education contains the new currency itself, the new exchange rate, the new coins that will be coming out, the new small category notes...and the coexisting of the large denominations they have right now. It will also include the information about the private satellite banks...
2-23-2023 Newshound Guru Pimpy There's some interactions between Iraq and Interpol I find interesting. Article: "Interpol reveals details of Iraqi money recovery" 182 people they've caught...that's a lot of people...
2-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-23-2023 Intel Guru MarkZ [via PDK] There is more news from Iraq that their budget is going in this weekend. About the HCL law…they believe the entire framework will be completed and agreed upon before the budget hits parliament. This is extremely positive news out of Iraq. The HCL or Hydrocarbon law was one of those things we were told to look for before the RV. [When we see the HCL passed…its showtime!!!] I agree…
2-23-2023 Intel Guru Frank26 Article: "The Central Bank announces the second package of facilities to obtain foreign currency" THIS IS THE START OF THE 'CURRENCY REFORM' EXPLAINING THE HOW, WHEN & WHY OF THE SECOND STAGE LEADING TO A RD FOR A RI.
2-23-2023 Newshound Guru Breitling They're not going to announce that they're going to revalue. But that doesn't mean they can't say, 'We're going to adjust the exchange rate.' They say that all the time.
2-23-2023 Newshound Guru Militia Man Changing from the dollar to the dinar in real estate is going to be a a big thing because multi-currency practices are going to be gone. They're making it so that people have to use the dinar. Whether that's in real estate, whether that's in commercial business, the dinar is going to be the main focus...
2-23-2023 Intel Guru MarkZ [via PDK] “Iraq Pivots to Yuan for China Imports in defense of its own currency” This is Bloomberg. This is worldwide news now… ”Iraqi Central banks to drop dollar for Yuon in trade with China” They are being up front with what they are doing so they can reinstate or revalue their currency. This is happening.
2-23-2023 Newshound Guru Pimpy Inflation, unemployment, demand, political stability, supply, future prospects...all play a part in the currency exchange rate. Is inflation down? They're saying it was at double digits last couple years although every time I look at it it's in single digits. Unemployment is not under check...Demand for the currency? There is none. People want the dollar. That's why the market rate is so much different than the official rate. Political stability? No. We just watched Iraq go through an entire year of bickering about who is going to run the government. Supply? They have nothing to offer the outside world, not yet, but they definitely need a lot of things in country. Future Prospects? ...over 65% of the people in Iraq over the next couple years will be of working age. That's perfect.
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One...the foreign minister on the news is talking about the dollar exchange rate will continue to go downward until it reaches stability point. They're saying that Iraq working with the USA on a mechanism ...to strengthen the dinar. FRANK: They are using that 2nd stage, 2nd mechanism, 2nd Article, whatever you want to call it, in order to bring down the exchange rate against the American dollar. [NOTE: Remember the dollar going downward vs the dinar is good for dinar holders.]
2-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The last CBI meetings said that within the next week or so they will start to introduce the currency reform...What is the currency reform? ...[It] removes any restrictions that is preventing a currency from being implemented. There is no stopping the re-denomination that is entering the reinstatement of the Iraqi dinar. The restrictions on the currency through the program rates are now being removed...That's why you see so many exchange places being shut down right now because the currency reform is taking place.
2-23-2023 Guru Nader From The Mid East If it [The dinar] goes viral you'll see the bank will sell it and you will change it to wherever you are in any state...Florida...New York..Long Island, California...Arizona, Texas, Georgia, wherever. The bank would accept it. You're not going to travel nowhere.
2-23-2023 Intel Guru MarkZ [via PDK] The chatter has been awesome on the banking side. But, it’s the bankers…It is their job to be prepared. We talk about the “Boy who cried wolf” No matter how many times that boy cries wolf…it’s their job to be ready…we do know its close. Will we make in February? I am praying and hopeful that we make it. I am still hearing everything from tonight to March 2nd…a couple are looking at Ramadan.[Ramadan begins Mar 22nd and ends April 20th this year.] …but most are looking at much sooner than that...
2-23-2023 Newshound Guru Pimpy Once Iraq enrolls into the World Trade Organization it opens up big doors for Iraq to do international business. This also guarantees Iraq is able to do international business. This organization will facilitate Iraq exports and make sure this gets done...this is a great thing for Iraq who is rebuilding, who is an emerging market...
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The street rates are slowly coming down now...the official rate is 1320 but the street rate it's getting around 1550. That's down from 1750... All the meetings that Iraq has had with the USA feds and treasury was things that were needed to be done by Iraqi merchants to help lower the dollar rate. It was a success they're telling us... FRANK: 1190 is next. I really do think so. I'm pushing for 1000. That's what I want because then the 3 zeros could be easily lifted up
2-23-2023 Newshound/Intel Guru Mnt Goat ...The conclusion of the dialogues of the Iraqi delegation in the United States of America, related to the dollar crisis are completed. In a way this visit was different from all previous delegations that visited Washington previously. We are being told today in an article that the results of this negotiation were more than positive, and there was a very big surprise coming...
2-23-2023 Intel Guru MarkZ [via PDK] Question: Its Ramadan again…will this delay the RV? Answer: I was always told that they would love to do it over Ramadan. This is an enormous celebration for them. Most families are together for Ramadan…. I was told if they had their pick of any time of year to do it…they would pick Ramadan.
2-22-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-22-2023 Newshound Guru Pimpy The more I read about what's going on with Iraq it really does look like they're doing what they can to build up the value of the exchange rate for the Iraqi dinar. Now that doesn't mean they're going to jump up to any major value right at first. I still believe they're going to up in increments but either way for us it's good news...
2-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget is ready. But with the newer rates, the budget was pulled back for recalculating and will be ready in a couple of weeks...then it will go to parliament. They tell us all of this on television...
2-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-22-2023 Intel Guru MarkZ [via PDK] We had tremendous stuff from Iraq this morning…This is a day to day situation. That each day they are attempting to flip that switch. I believe this is accurate. I know it has gotten old…but I think we are as close as you think we are. I know the inevitability…I know we get to cross the finish line...We heard so much good news from Iraq...We know its happening…its underway…we just do not know the exact date.
2-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will continue to talk to the citizens about the monetary reform. They talk to them all the time and they are now talking about the 2nd stage of the monetary reform where they will include the currency reform education. This is completely different. It is not the monetary reform and it is not the economic reform, it is the currency reform that is allowing this to float inside of the country and then outside. This is exactly what they are talking about now everything else does not matter...only currency reform education.
2-22-2023 Newshound Guru Militiaman 2023 budget which is scheduled possibly for as early as Thursday. It's coming together because they're [HCL, budget, etc] all exchange rate oriented. If they're on the Swift system and they have calculated a new exchange rate and that needs to be put into the spreadsheet to populate it to get to facilitate/get this going - it's possible that could be happening in a very short period of time...everything to me is powerful. I'm very excited.
2-22-2023 Newshound Guru Pimpy Obviously the currency exchange rate is on the minds of the people from Iraq as well as the United States and they're saying that they're putting 'mechanisms' in there and that people in Iraq will feel the difference in the near future. If they're not doing it now then they're going to do it later on in the very near future most likely by the time the next budget comes out.
2-22-2023 Intel Guru Frank26 Article: "The Chairman of the Investment Authority directs the adoption of the dinar in the payment of dues for housing projects" EVERYTHING IN IRAQ IS NOW DONE IN DINARS ONLY, FOR THE MONETARY REFORM!
2-22-2023 Newshound Guru Samson Article: "The Investment Authority directs the adoption of the Iraqi dinar in the payment of dues for housing projects". Ready for Adjustment to come.
2-22-2023 Intel Guru MarkZ [via PDK] The news from Iraq has just been awesome…”The central bank of Iraq announces the second package of facilities to obtain foreign currency” What they are doing is making certain that exchanges are all done through official channels and the de-dollarization continues...They are making their system 100% prepared...It appears that everything is in place to change the value of the dinar substantially.
2-22-2023 Newshound Guru Pimpy There's no doubt there's all kinds of activity happening over there in Iraq...the focus has been on Iraq, their politics, their banking system, the exchange rate and that talk still continues today. It's exciting because we haven't seen so much chatter about the Iraqi dinar exchange rate...
2-22-2023 Intel Guru Frank26 This week that we're in right now is really going to set the stage. If we see the budget law passed, oh my goodness! If we see HCL actually announced and being locked into the accounts at the banks, oh my goodness. If we see 1300 to to 1190 or 1000, oh my gosh...
2-22-2023 Newshound/Intel Guru Mnt Goat The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry! All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go... just relax and let the process work its way through...
2-22-2023 Newshound Guru Pimpy The more I read about what's going on with Iraq it really does look like they're doing what they can to build up the value of the exchange rate for the Iraqi dinar. Now that doesn't mean they're going to jump up to any major value right at first. I still believe they're going to up in increments but either way for us it's good news...
2-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget is ready. But with the newer rates, the budget was pulled back for recalculating and will be ready in a couple of weeks...then it will go to parliament. They tell us all of this on television...
2-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-22-2023 Intel Guru MarkZ [via PDK] We had tremendous stuff from Iraq this morning…This is a day to day situation. That each day they are attempting to flip that switch. I believe this is accurate. I know it has gotten old…but I think we are as close as you think we are. I know the inevitability…I know we get to cross the finish line...We heard so much good news from Iraq...We know its happening…its underway…we just do not know the exact date.
2-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will continue to talk to the citizens about the monetary reform. They talk to them all the time and they are now talking about the 2nd stage of the monetary reform where they will include the currency reform education. This is completely different. It is not the monetary reform and it is not the economic reform, it is the currency reform that is allowing this to float inside of the country and then outside. This is exactly what they are talking about now everything else does not matter...only currency reform education.
2-22-2023 Newshound Guru Militiaman 2023 budget which is scheduled possibly for as early as Thursday. It's coming together because they're [HCL, budget, etc] all exchange rate oriented. If they're on the Swift system and they have calculated a new exchange rate and that needs to be put into the spreadsheet to populate it to get to facilitate/get this going - it's possible that could be happening in a very short period of time...everything to me is powerful. I'm very excited.
2-22-2023 Newshound Guru Pimpy Obviously the currency exchange rate is on the minds of the people from Iraq as well as the United States and they're saying that they're putting 'mechanisms' in there and that people in Iraq will feel the difference in the near future. If they're not doing it now then they're going to do it later on in the very near future most likely by the time the next budget comes out.
2-22-2023 Intel Guru Frank26 Article: "The Chairman of the Investment Authority directs the adoption of the dinar in the payment of dues for housing projects" EVERYTHING IN IRAQ IS NOW DONE IN DINARS ONLY, FOR THE MONETARY REFORM!
2-22-2023 Newshound Guru Samson Article: "The Investment Authority directs the adoption of the Iraqi dinar in the payment of dues for housing projects". Ready for Adjustment to come.
2-22-2023 Intel Guru MarkZ [via PDK] The news from Iraq has just been awesome…”The central bank of Iraq announces the second package of facilities to obtain foreign currency” What they are doing is making certain that exchanges are all done through official channels and the de-dollarization continues...They are making their system 100% prepared...It appears that everything is in place to change the value of the dinar substantially.
2-22-2023 Newshound Guru Pimpy There's no doubt there's all kinds of activity happening over there in Iraq...the focus has been on Iraq, their politics, their banking system, the exchange rate and that talk still continues today. It's exciting because we haven't seen so much chatter about the Iraqi dinar exchange rate...
2-22-2023 Intel Guru Frank26 This week that we're in right now is really going to set the stage. If we see the budget law passed, oh my goodness! If we see HCL actually announced and being locked into the accounts at the banks, oh my goodness. If we see 1300 to to 1190 or 1000, oh my gosh...
2-22-2023 Newshound/Intel Guru Mnt Goat The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry! All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go... just relax and let the process work its way through...
2-21-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-21-2023 Intel Guru MarkZ [via PDK] I am still hearing phenomenal stuff from the banking side...Iraq is still saying that their budget goes next week. My understanding is that before the budget gets introduced to parliament…the HCL will be done. So we know we are in a short window for Iraq to make a move.
2-21-2023 Intel Guru Frank26 New keyword 'currency reform'. You went through the monetary reform. You are going through the economic reform. The Iraqi citizens are going through the 'currency reform'. Notice I said you are going through the economic reform. The fact that you purchased Iraqi dinar is going to help their economy. But the citizens of Iraq will have purchasing power through a new mechanism in 2nd stage that will allow them to have a new exchange rate when the dinar starts to floats.
2-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-21-2023 Newshound Guru Samson Article: "The Foreign Minister reveals the details of Washington 's visit: There are no American conditions, and the currency will soon stabilize" IMMINENT STABILIZATION OF THE EXCHANGE RATE
2-21-2023 Newshound Guru Henig Article "Revival of hanging gardens in Iraq" Quote "The Central Bank of Iraq is witnessing in the design of its new building hanging gardens that bring to mind...one of the seven historical wonders of the world...the implementation of the first listed hanging gardens in Iraq, which will decorate the roof of the base of the new central bank building..." These cats are positioning themselves for a new Renaissance.
2-21-2023 Newshound Guru Paulette Baghdad is finally in the driver's seat. Let's hope the Coordinating Framework turns out to be the good guys. We are at a time that nobody truly knows who is good or bad in this world...My biggest question is will Nouri al-Maliki turn out to be good, bad or flipped? If I knew the answer, I would have a better understanding of where the RI process currently lies...
2-21-2023 Newshound Guru Pimpy You're looking at a 160 dinar difference between the two rates which is equivalent to 11 cents. That doesn't sound like much but it does add up quickly. If you had $1 million dollars and you want to go buy the Iraqi dinar on the black market at 1460 dinars...you would get 1 billion 460 million dinars...You would take it into the bank and sell it to them for 1300 dinars for every $1 and you would make a profit of 160 million dinars...$109,594...of course it's illegal to do that but there are people out there who do it for you. [Post 2 of 2]
2-21-2023 Newshound Guru Pimpy I can tell when I'm speaking to people that they're confusing what the exchange rates are. There are different types of exchange rates...One is the official rate, which is 1300 dinars for every dollar. The other one is the market rate, which is 1460 dinars for every dollar...the market rate, which is like the black market rate, is what people are willing to pay for the US dollar. They're willing to exchange 1460 dinars for every dollar. In other words they will pay you more to get their hands on the US dollar...this is causing a problem. [Post 1 of 2....stay tuned]
2-21-2023 Guru Nader From The Mid East If you talk about the private sector look at it a year ago and look at it now. It's gone 60%-70% better.
2-21-2023 Intel Guru MarkZ [via PDK] The banking side is still extremely excited about late afternoon to overnight tonight for things to move forward and money to be released…I am watching it very closely… I believe this is the closest we have ever been...
2-21-2023 Newshound Guru Pimpy We know the budget has been put forward and they're supposed to be voting on it. I made a suggestion that it appeared they might make another exchange rate change before the budget is released 100%. I said once the budget has been voted on then we're stuck with the exchange rate at least for a year unless they want to amend the budget which is a pain in the butt to do. Until that budget law has been passed keep your fingers crossed.
2-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Station One saying the CBI is determined to stabilize the exchange rate and the next phase is coming. They're calling it the 2nd Stage Phase. FRANK: The 2nd Stage/Phase of the monetary reform IMO is to reveal a new exchange rate and your new small category note to you as Iraqi citizens. FIREFLY: It's all the talk in the streets. We're expecting that soon.
2-21-2023 Intel Guru MarkZ [via PDK] Today Iraq has announced that they now have digital control over the flow of their money so it is possible…Very, very possible they can make it happen in this short of time frame. It is well within the window we have been expecting. [Reference MarkZ 2-20-2023 below]
2-21-2023 Intel Guru MarkZ [via PDK] I am still hearing phenomenal stuff from the banking side...Iraq is still saying that their budget goes next week. My understanding is that before the budget gets introduced to parliament…the HCL will be done. So we know we are in a short window for Iraq to make a move.
2-21-2023 Intel Guru Frank26 New keyword 'currency reform'. You went through the monetary reform. You are going through the economic reform. The Iraqi citizens are going through the 'currency reform'. Notice I said you are going through the economic reform. The fact that you purchased Iraqi dinar is going to help their economy. But the citizens of Iraq will have purchasing power through a new mechanism in 2nd stage that will allow them to have a new exchange rate when the dinar starts to floats.
2-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-21-2023 Newshound Guru Samson Article: "The Foreign Minister reveals the details of Washington 's visit: There are no American conditions, and the currency will soon stabilize" IMMINENT STABILIZATION OF THE EXCHANGE RATE
2-21-2023 Newshound Guru Henig Article "Revival of hanging gardens in Iraq" Quote "The Central Bank of Iraq is witnessing in the design of its new building hanging gardens that bring to mind...one of the seven historical wonders of the world...the implementation of the first listed hanging gardens in Iraq, which will decorate the roof of the base of the new central bank building..." These cats are positioning themselves for a new Renaissance.
2-21-2023 Newshound Guru Paulette Baghdad is finally in the driver's seat. Let's hope the Coordinating Framework turns out to be the good guys. We are at a time that nobody truly knows who is good or bad in this world...My biggest question is will Nouri al-Maliki turn out to be good, bad or flipped? If I knew the answer, I would have a better understanding of where the RI process currently lies...
2-21-2023 Newshound Guru Pimpy You're looking at a 160 dinar difference between the two rates which is equivalent to 11 cents. That doesn't sound like much but it does add up quickly. If you had $1 million dollars and you want to go buy the Iraqi dinar on the black market at 1460 dinars...you would get 1 billion 460 million dinars...You would take it into the bank and sell it to them for 1300 dinars for every $1 and you would make a profit of 160 million dinars...$109,594...of course it's illegal to do that but there are people out there who do it for you. [Post 2 of 2]
2-21-2023 Newshound Guru Pimpy I can tell when I'm speaking to people that they're confusing what the exchange rates are. There are different types of exchange rates...One is the official rate, which is 1300 dinars for every dollar. The other one is the market rate, which is 1460 dinars for every dollar...the market rate, which is like the black market rate, is what people are willing to pay for the US dollar. They're willing to exchange 1460 dinars for every dollar. In other words they will pay you more to get their hands on the US dollar...this is causing a problem. [Post 1 of 2....stay tuned]
2-21-2023 Guru Nader From The Mid East If you talk about the private sector look at it a year ago and look at it now. It's gone 60%-70% better.
2-21-2023 Intel Guru MarkZ [via PDK] The banking side is still extremely excited about late afternoon to overnight tonight for things to move forward and money to be released…I am watching it very closely… I believe this is the closest we have ever been...
2-21-2023 Newshound Guru Pimpy We know the budget has been put forward and they're supposed to be voting on it. I made a suggestion that it appeared they might make another exchange rate change before the budget is released 100%. I said once the budget has been voted on then we're stuck with the exchange rate at least for a year unless they want to amend the budget which is a pain in the butt to do. Until that budget law has been passed keep your fingers crossed.
2-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Station One saying the CBI is determined to stabilize the exchange rate and the next phase is coming. They're calling it the 2nd Stage Phase. FRANK: The 2nd Stage/Phase of the monetary reform IMO is to reveal a new exchange rate and your new small category note to you as Iraqi citizens. FIREFLY: It's all the talk in the streets. We're expecting that soon.
2-21-2023 Intel Guru MarkZ [via PDK] Today Iraq has announced that they now have digital control over the flow of their money so it is possible…Very, very possible they can make it happen in this short of time frame. It is well within the window we have been expecting. [Reference MarkZ 2-20-2023 below]
2-20-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-20-2023 Newshound Guru Pimpy Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the market in the coming days and at the official rate." Again, stay grounded...But the fact that they're talking about mechanisms to help with the exchange rate - we don't know what that is. What exactly are these mechanisms? What are they doing to stabilize the currency? I'm curious what's going to happen here. Now I am feeling a little optimistic because everyone thinks I'm such a naysayer but that's not the case. I keep telling people they're going to go up in increments. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy Article: "We agree with Washington on the dollar and the results will appear in the markets" Some interesting choice words that were used in here. I don't want to make a big deal out of it but it is definitely something to think about. We know Washington and Iraq have come up with agreements to do something about the exchange rate. Keep in mind this is after the current exchange rate was already announced to the world. So whatever agreement they got coming up here sure sounds like another exchange rate change coming in the future. [Post 1 of 2....stay tuned]
2-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-20-2023 Intel Guru MarkZ [via PDK] ...boy are the bankers excited. I am getting inundated with more banking confirmations. And I am hearing the goal is to release it sometime in the next 36 hours. Stay calm because we have been here before.
2-20-2023 Newshound Guru Militia Man 2023 budget...we've been waiting for this to happen...they've been pushing it out...for months. They're going to have it on the table as early as Tuesday...potentially to the parliament by Wednesday/Thursday. We all believe you need to have an exchange rate for that to happen. Will they expose that exchange rate that's going to be to the budget by the CBI prior to giving it to the Council of Ministers or parliament? We should be looking for that...
2-20-2023 Intel Guru Frank26 Oil is not the only asset to back the IQD's monetary reform. This country is amazingly wealthy beyond compare. There ain't no country going to be able to touch Iraq once it gets going. You know that cartoon character that has his feet running but he's up off the ground and he touches the ground and boom he takes off? That is what Iraq is like. Oil is not the only asset. They have so many assets and that's why the whole world is pouring in to capitalize on these assets.
2-20-2023 Newshound Guru CharlieOK Articles are out there stating that Baghdad and Kurdistan are close to negotiating the HCL. This is good news. There will be...no publicized public budget or rv without Baghdad and Kurdistan agreeing on the HCL... Let's hope this gets behind us pronto.
2-20-2023 Newshound Guru Clare Article: "The power of speculators and currency traders is delaying the government's measures to implement the new exchange rate" Quote: "...despite the government's good decision regarding the exchange rate, which to some extent stopped its rapid and continuous rise, its implementation procedures are still slow."
2-20-2023 Newshound Guru Henig Article: "Al-Awadi: We agreed with Washington on the dollar and the results will appear in the markets" Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate".
2-20-2023 Intel Guru MarkZ [via PDK] In Iraq: “The government to (Baghdad Today) We agreed with Washington on the dollar and the results will appear in the markets” They feel like they now have everything under control and this means we can indeed start moving forward.
2-20-2023 Newshound Guru Pimpy Now having said that, there's a good chance it might go up maybe one more time...they have not put out their budget yet and there's a good chance we might see another small increase. Really depends on how the 1300 dinars is affecting the economy... they're still focused on the exchange rate...even after they make the change to 1300 for every dollar. I'm curious to see what happens once the budget goes out...because then we know whatever rate it is...unless they intend to make an amendment to the budget. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy How the exchange rate is going to take place is not the way other people are saying it. It's going to happen one of two ways...It's going to go up in increments...the dinar was at 1450 dinars for every 1 dollar and they kept mentioning they were going to change the exchange rate. Everybody was...saying, 'Oh, it's going to be over a $1 for every dinar.' I was like, no, it's not. It's going to be a small increase. They went to 1300 dinars for every dollar. That's how they're going to to it, in small increments. [Post 1 of 2....stay tuned]
2-20-2023 Guru Nader From The Mid East It's weird this week was not big news. Nothing coming up. It's really weird. I don't know why they stopped this...they didn't do anything special. They didn't do anything can make us happy this week...It's not normal. Why would they stop? All sudden they stop talking about what we need and what we want...
2-20-2023 Newshound Guru CANDYKISSES Article: "The government to (Baghdad today): We agreed with Washington on the dollar and the results will appear in the markets" Quotes: "The effects of these dialogue and agreements will be tangible in the near future, especially with regard to the dollar and exchange rate crisis," he added.", "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate," he explained."
2-20-2023 Newshound Guru Pimpy Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the market in the coming days and at the official rate." Again, stay grounded...But the fact that they're talking about mechanisms to help with the exchange rate - we don't know what that is. What exactly are these mechanisms? What are they doing to stabilize the currency? I'm curious what's going to happen here. Now I am feeling a little optimistic because everyone thinks I'm such a naysayer but that's not the case. I keep telling people they're going to go up in increments. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy Article: "We agree with Washington on the dollar and the results will appear in the markets" Some interesting choice words that were used in here. I don't want to make a big deal out of it but it is definitely something to think about. We know Washington and Iraq have come up with agreements to do something about the exchange rate. Keep in mind this is after the current exchange rate was already announced to the world. So whatever agreement they got coming up here sure sounds like another exchange rate change coming in the future. [Post 1 of 2....stay tuned]
2-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-20-2023 Intel Guru MarkZ [via PDK] ...boy are the bankers excited. I am getting inundated with more banking confirmations. And I am hearing the goal is to release it sometime in the next 36 hours. Stay calm because we have been here before.
2-20-2023 Newshound Guru Militia Man 2023 budget...we've been waiting for this to happen...they've been pushing it out...for months. They're going to have it on the table as early as Tuesday...potentially to the parliament by Wednesday/Thursday. We all believe you need to have an exchange rate for that to happen. Will they expose that exchange rate that's going to be to the budget by the CBI prior to giving it to the Council of Ministers or parliament? We should be looking for that...
2-20-2023 Intel Guru Frank26 Oil is not the only asset to back the IQD's monetary reform. This country is amazingly wealthy beyond compare. There ain't no country going to be able to touch Iraq once it gets going. You know that cartoon character that has his feet running but he's up off the ground and he touches the ground and boom he takes off? That is what Iraq is like. Oil is not the only asset. They have so many assets and that's why the whole world is pouring in to capitalize on these assets.
2-20-2023 Newshound Guru CharlieOK Articles are out there stating that Baghdad and Kurdistan are close to negotiating the HCL. This is good news. There will be...no publicized public budget or rv without Baghdad and Kurdistan agreeing on the HCL... Let's hope this gets behind us pronto.
2-20-2023 Newshound Guru Clare Article: "The power of speculators and currency traders is delaying the government's measures to implement the new exchange rate" Quote: "...despite the government's good decision regarding the exchange rate, which to some extent stopped its rapid and continuous rise, its implementation procedures are still slow."
2-20-2023 Newshound Guru Henig Article: "Al-Awadi: We agreed with Washington on the dollar and the results will appear in the markets" Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate".
2-20-2023 Intel Guru MarkZ [via PDK] In Iraq: “The government to (Baghdad Today) We agreed with Washington on the dollar and the results will appear in the markets” They feel like they now have everything under control and this means we can indeed start moving forward.
2-20-2023 Newshound Guru Pimpy Now having said that, there's a good chance it might go up maybe one more time...they have not put out their budget yet and there's a good chance we might see another small increase. Really depends on how the 1300 dinars is affecting the economy... they're still focused on the exchange rate...even after they make the change to 1300 for every dollar. I'm curious to see what happens once the budget goes out...because then we know whatever rate it is...unless they intend to make an amendment to the budget. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy How the exchange rate is going to take place is not the way other people are saying it. It's going to happen one of two ways...It's going to go up in increments...the dinar was at 1450 dinars for every 1 dollar and they kept mentioning they were going to change the exchange rate. Everybody was...saying, 'Oh, it's going to be over a $1 for every dinar.' I was like, no, it's not. It's going to be a small increase. They went to 1300 dinars for every dollar. That's how they're going to to it, in small increments. [Post 1 of 2....stay tuned]
2-20-2023 Guru Nader From The Mid East It's weird this week was not big news. Nothing coming up. It's really weird. I don't know why they stopped this...they didn't do anything special. They didn't do anything can make us happy this week...It's not normal. Why would they stop? All sudden they stop talking about what we need and what we want...
2-20-2023 Newshound Guru CANDYKISSES Article: "The government to (Baghdad today): We agreed with Washington on the dollar and the results will appear in the markets" Quotes: "The effects of these dialogue and agreements will be tangible in the near future, especially with regard to the dollar and exchange rate crisis," he added.", "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate," he explained."
2-19-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-19-2023 Newshound Guru Pimpy We're still waiting on the budget because the budget will tell us a whole lot more.
2-19-2023 Intel Guru Frank26 I'm not looking for a rate. I'm not looking for a date. I'm looking for a reason for it not to happen. I can't find it. A leader doesn't just give you everything's positive, I give you the bad things as well. I'm looking for it and I can't find it.
2-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-19-2023 Guest Guru Deepwoodz IMO With Joe Biden and Sudani of Iran [Iraq?] working together, Iraqs monetary reform is moving pretty fast now! Dollars drying up, the dinar is Irans next currency!
2-19-2023 Newshound Guru Pimpy Iraq's foreign currency assets got above $90 billion dollars which is good for Iraq. Plus they increased their holdings in gold. Unlike Vietnam who had to use all of their foreign currency assets, while most of them, just to try to keep their currency exchange stabilized. That's what you don't want to happen to Iraq.
2-19-2023 Newshound Guru Militia Man The historic event was the meetings in Washington DC. They were all about economics...the exchange rate...reforms...Iraq moving to a private sector and all of those meetings were successful. Everybody's in agreement...all those things happened and they happened quickly.
2-19-2023 Newshound Guru Clare Article: "A new record... Iraq's hard currency reserves amount to $115 billion" Quote: "Saleh said...Iraq's reserves of foreign currency amounted to 115 billion dollars, which is the largest in its history"
2-19-2023 Newshound Guru Sandy Ingram We do know there is a high level of expectation of certain tasks being completed by the Iraqi government in a short period of time. We also know the delegation believed they could persuade the US Administration to postpone the restrictions imposed by the US Federal Reserve Bank on dollar transfers to Iraq. Yeah, that didn't happen...the article said the recommendations for the Iraqi delegations to follow what is described as media silence and not to reveal the scenes of what was discussed behind closed doors. [Post 2 of 2]
2-19-2023 Newshound Guru Sandy Ingram Article: "The most mysterious..What did the Iraqi delegation achieve in its visit to Washington?" There was more about the meeting than the mainstream US press was revealing...there as a media silence surrounding the visit. The visit lasted 6 days...this is what we do know. 1. Daily auctions are a thing 0f the past. 2...Redirecting the Iraqi energy sector away from Iran. 3...Accusations against the Iraqi banking sector that allowed the Iranian regime to evade western sanctions. 4...Money laundering... [Post 1 of 2....stay tuned]
2-19-2023 Intel Guru MarkZ [via PDK] I do know that those who are involved at redemption centers will be working on Monday. Whether or not its behind the scenes work or will it be involving us…I do not know. It could be updates and changes in procedures training…I do not know.
2-19-2023 Newshound Guru Pimpy We're still waiting on the budget because the budget will tell us a whole lot more.
2-19-2023 Intel Guru Frank26 I'm not looking for a rate. I'm not looking for a date. I'm looking for a reason for it not to happen. I can't find it. A leader doesn't just give you everything's positive, I give you the bad things as well. I'm looking for it and I can't find it.
2-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-19-2023 Guest Guru Deepwoodz IMO With Joe Biden and Sudani of Iran [Iraq?] working together, Iraqs monetary reform is moving pretty fast now! Dollars drying up, the dinar is Irans next currency!
2-19-2023 Newshound Guru Pimpy Iraq's foreign currency assets got above $90 billion dollars which is good for Iraq. Plus they increased their holdings in gold. Unlike Vietnam who had to use all of their foreign currency assets, while most of them, just to try to keep their currency exchange stabilized. That's what you don't want to happen to Iraq.
2-19-2023 Newshound Guru Militia Man The historic event was the meetings in Washington DC. They were all about economics...the exchange rate...reforms...Iraq moving to a private sector and all of those meetings were successful. Everybody's in agreement...all those things happened and they happened quickly.
2-19-2023 Newshound Guru Clare Article: "A new record... Iraq's hard currency reserves amount to $115 billion" Quote: "Saleh said...Iraq's reserves of foreign currency amounted to 115 billion dollars, which is the largest in its history"
2-19-2023 Newshound Guru Sandy Ingram We do know there is a high level of expectation of certain tasks being completed by the Iraqi government in a short period of time. We also know the delegation believed they could persuade the US Administration to postpone the restrictions imposed by the US Federal Reserve Bank on dollar transfers to Iraq. Yeah, that didn't happen...the article said the recommendations for the Iraqi delegations to follow what is described as media silence and not to reveal the scenes of what was discussed behind closed doors. [Post 2 of 2]
2-19-2023 Newshound Guru Sandy Ingram Article: "The most mysterious..What did the Iraqi delegation achieve in its visit to Washington?" There was more about the meeting than the mainstream US press was revealing...there as a media silence surrounding the visit. The visit lasted 6 days...this is what we do know. 1. Daily auctions are a thing 0f the past. 2...Redirecting the Iraqi energy sector away from Iran. 3...Accusations against the Iraqi banking sector that allowed the Iranian regime to evade western sanctions. 4...Money laundering... [Post 1 of 2....stay tuned]
2-19-2023 Intel Guru MarkZ [via PDK] I do know that those who are involved at redemption centers will be working on Monday. Whether or not its behind the scenes work or will it be involving us…I do not know. It could be updates and changes in procedures training…I do not know.
2-18-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-18-2023 Newshound/Intel Guru Mnt Goat Beginning of the White Paper reforms for Iraq ...The Wealth Transfer is coming… yes it is in progress. Weeks ago the IQD was taken off the sole peg to the US dollar. Surprise, surprise…!!! ...This was done while implementing the US Treasury electronic platform. The reason for the platform was not just to curb corruption but also for Iraq to get off the US dollar. Yes, finally ditch the dollar. ...Like many changes this will take time to adjust... Then Al-Alaq implemented quickly yet another step to the process including the lock-down of an official rate of the IQD.
2-18-2023 Intel Guru Frank26 The second phase is dealing with corruption but the second phase is actually to introduce the new small category notes and the new exchange rate IMO...
2-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-18-2023 Newshound Guru Pimpy Will there be an increase in the Iraqi dinar? I hope so. Whether it be a big one where the Iraqi dinar is actually exchanging with more value than the U.S. dollar, I don't think so. I could be wrong but I don't think so...
2-18-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are pressing forward the new exchange rate...because everything waits for the new exchange rate - the banks, money exchangers, the budget, you name it, they all wait for the same thing - the new exchange rate.
2-18-2023 Intel Guru Frank26 I'm telling you they've launched the 2nd stage. Don't pay attention to the budget being launched/released coming out with the new rate. It doesn't matter. It is going to gradually float.
2-18-2023 Intel Guru MarkZ [via PDK] Positive news from Iraq is that the CBI could pull the trigger at anytime…and they do love their 3 day weekends. The government shut everything down there for a national holiday on Thursday …then off on Friday and Saturday which is their normal weekend. We have heard that the budget is moving forward and was submitted…this is positive…
2-18-2023 Newshound Guru Henig Article: "We reached a "good agreement" with Washington on the exchange rate crisis" Quote: "from now on, the import and export of dollars to and from Iraq will be through an electronic system," adding that "the establishment of the electronic system will be in the interest of Iraq and the national currency (dinar)."
2-18-2023 Newshound Guru Sandy Ingram Houston we have a problem. Counterfeit dollars and Iraqi dinars found in Northern Iraq. Article: "Counterfeit money sweeping northern Iraq" Counterfeit US dollars deepens the financial crisis in Iraq as denominations of counterfeit US dollars appeared in the Kurdistan region. Now the Minister of Finance and Economy in the Kurdistan region of Iraq called on citizens to pay attention and be aware of the spread of counterfeit local currencies and the US dollar.
2-18-2023 Newshound Guru Pimpy It looks like Iraq is going to be working with Interpol. If they catch anybody do money laundering or smuggling a currency to go ahead and turn them over because it's a really important step in fixing everything that's wrong over there in Iraq.
2-18-2023 Newshound/Intel Guru Mnt Goat I am being told by my CBI contact that the CBI has about two weeks to prove they can withstand a rate of 1000 dinars to the US dollar... they will evaluate the situation and decide a “Go” or “No Go” to 1:1. ...we could very possibly see a rate of about 1 dinar to 1 dollar (1:1) in two weeks from now but I really do not think it will happen that soon. This is their goal in Iraq anyhow... Yes, I said 1:1 “in Iraq” as I have told you all along that the rate you will see in your country outside of Iraq may be much higher...This is amazing news...
2-18-2023 Newshound/Intel Guru Mnt Goat Beginning of the White Paper reforms for Iraq ...The Wealth Transfer is coming… yes it is in progress. Weeks ago the IQD was taken off the sole peg to the US dollar. Surprise, surprise…!!! ...This was done while implementing the US Treasury electronic platform. The reason for the platform was not just to curb corruption but also for Iraq to get off the US dollar. Yes, finally ditch the dollar. ...Like many changes this will take time to adjust... Then Al-Alaq implemented quickly yet another step to the process including the lock-down of an official rate of the IQD.
2-18-2023 Intel Guru Frank26 The second phase is dealing with corruption but the second phase is actually to introduce the new small category notes and the new exchange rate IMO...
2-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-18-2023 Newshound Guru Pimpy Will there be an increase in the Iraqi dinar? I hope so. Whether it be a big one where the Iraqi dinar is actually exchanging with more value than the U.S. dollar, I don't think so. I could be wrong but I don't think so...
2-18-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are pressing forward the new exchange rate...because everything waits for the new exchange rate - the banks, money exchangers, the budget, you name it, they all wait for the same thing - the new exchange rate.
2-18-2023 Intel Guru Frank26 I'm telling you they've launched the 2nd stage. Don't pay attention to the budget being launched/released coming out with the new rate. It doesn't matter. It is going to gradually float.
2-18-2023 Intel Guru MarkZ [via PDK] Positive news from Iraq is that the CBI could pull the trigger at anytime…and they do love their 3 day weekends. The government shut everything down there for a national holiday on Thursday …then off on Friday and Saturday which is their normal weekend. We have heard that the budget is moving forward and was submitted…this is positive…
2-18-2023 Newshound Guru Henig Article: "We reached a "good agreement" with Washington on the exchange rate crisis" Quote: "from now on, the import and export of dollars to and from Iraq will be through an electronic system," adding that "the establishment of the electronic system will be in the interest of Iraq and the national currency (dinar)."
2-18-2023 Newshound Guru Sandy Ingram Houston we have a problem. Counterfeit dollars and Iraqi dinars found in Northern Iraq. Article: "Counterfeit money sweeping northern Iraq" Counterfeit US dollars deepens the financial crisis in Iraq as denominations of counterfeit US dollars appeared in the Kurdistan region. Now the Minister of Finance and Economy in the Kurdistan region of Iraq called on citizens to pay attention and be aware of the spread of counterfeit local currencies and the US dollar.
2-18-2023 Newshound Guru Pimpy It looks like Iraq is going to be working with Interpol. If they catch anybody do money laundering or smuggling a currency to go ahead and turn them over because it's a really important step in fixing everything that's wrong over there in Iraq.
2-18-2023 Newshound/Intel Guru Mnt Goat I am being told by my CBI contact that the CBI has about two weeks to prove they can withstand a rate of 1000 dinars to the US dollar... they will evaluate the situation and decide a “Go” or “No Go” to 1:1. ...we could very possibly see a rate of about 1 dinar to 1 dollar (1:1) in two weeks from now but I really do not think it will happen that soon. This is their goal in Iraq anyhow... Yes, I said 1:1 “in Iraq” as I have told you all along that the rate you will see in your country outside of Iraq may be much higher...This is amazing news...
2-17-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-17-2023 Intel Guru MarkZ [via PDK] Iraq has been very quiet…. Thursday was a holiday and today was a holy day. But we continue to hear how much progress they made at the big meetings over here in DC...we are watching it all play out. Things are underway...
2-17-2023 Newshound Guru Pimpy Iraq is going to have to know how much currency is out there in circulation...the last thing you want to do is increase the rate of the dinar and turn around and enrich a terrorist group...If they're going to do a huge rate change, I'm more than positive you're going to see the redenomination of the Iraqi dinar because it wouldn't make sense to turn around and enrich those very enemies that you're trying to fight against.
2-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-17-2023 Newshound Guru Sandy Ingram The IQD rate still does not show 1300 IQD to 1 US dollar. We are not sure if the 1300 IQD rate is in effect. However, a rate of 1310 IQD to 1 US dollar shows up on the Central Bank of Iraq's website... [Note: You can always find the latest official CBI dinar rate in the column on the left of this page.]
2-17-2023 Intel Guru MarkZ [via PDK] From our own US Dept. of State at State.gov…. “Joint statement on the US-Iraq higher coordinating committee” this is the official statement on the meetings in DC…frameworks, investments etc…We are being told from people within those meetings or close to those meetings that more than that was accomplished. Things like new rates that we can expect soon and what we can also expect as to timing…I do not know what that timing is yet but hoping it will leak…
2-17-2023 Newshound Guru Paulette ...There will be a significant amount of USD going to Iran for imports and this will continue but under the "new mechanism"...Merchants conducting Legal business can purchase USD for 1320...Who is willing to pay nearly 14% more for their imports at 1530? The Market is clearly still filled with corruption! The Sudani GOI is stating all the right things about taking action against the corrupt that are causing this significant difference in the official and market rates and perhaps this is how they are "smoking out" the corrupt. Time will Tell...it seems the clock is ticking.
2-17-2023 Intel Guru Bruce [via WiserNow] Where does that put us? So, the latest we have from this same Treasury source is saying that we...will be notified either Sunday evening or Monday morning. ...and we would set our appointments on Monday - Start our exchanges on Tuesday... that has us going early next week...we're looking good... [post 2 of 2]
2-17-2023 Intel Guru Bruce [via WiserNow] ...Tuesday...I got this information...the transition from our old form of government, which is a USA Inc. Okay, the United States of America Incorporated...a transition to the Restored Republic of America...is in place now... This means that your treasury resources that when that happened...the green light would be triggered by Treasury to the banks to allow the banks to move forward with tranches of payments to bondholders, their notifications and us to be notified for our exchanges...That was a very big move that had to take place. And it did. [post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Pimpy Article: "US Report: Iraqi delegation in Washington came under 'severe' pressure from Biden administration" To me this is just smoke and mirrors...they're acting like they're being hard on Iraq but I don't believe it, not for a second.
2-17-2023 Newshound Guru Henig Article: "Government spokesman to Shafaq News: The Iraqi delegation to Washington reached "new mechanisms" on the dollar crisis" Quote: "...the American party has paid very attention to the Iraqi delegation in a very different way from all previous delegations that visited the United States of America during the past years...the two parties reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official price, and this price will be stable in the coming days."
2-17-2023 Newshound Guru Militia Man We're changing from an exchange rate topic to a value-related topic. We have the foreign minister, finance minster and the central bank talking about value and value comes from not just an exchange rate per se but what's the basis of that value. That value is going to come from income streams, taxes, tariffs at the borders, natural gas, oil and ...foreign reserves which is the dollar...and they have a lot of gold...the basis of all these meetings is definitely value.
2-17-2023 Intel Guru MarkZ [via PDK] [So where are we?] If we are listening to bankers…they believe we are a day or two away…if you listen to folks on the ground in Iraq we may be a couple weeks away… Either way this tells us how close we are… IMO It has started. When Iraq changed their rate to 1300 it started the mechanism …to me this is when the switch was flipped. This is when it was turned on and now we are just waiting for the process to roll down to us… I am very excited...
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: Your bank friend is trying to explain to you how the rate is going to change and lead to a float. Your official rate right now is 1300. Your bank friend tells you the next rate change you should look for is 1190. I think it might be 1000. Either way all three of them are going in the correct direction and that's what's exciting. You're soon to float, to add value to your currency and that is a dream finally coming true. [Post 2 of 2]
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says this new gas and oil law...is the key...They're saying on TV that Sudani has worked out a new deal and he got the Kurds in Baghdad to agree and this will make it all possible...meetings are still going on but it's the key. FRANK: I'll admit it [HCL] is an important key factor but there are many other factors that were presented to Washington D.C...about the 2nd stage of the monetary reform...that's what I am looking for... [Post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Sandy Ingram Article: "Commission of Integrity issues 90 arrest warrants for official" The officials include 4 MPs in the current parliament. 5 former MPs. 4 former ministers...2 current undersecretaries. 3 former undersecretaries ...3 current governors. 14 former governors. 10 current General Directors. 27 former general directors...7 former members of government councils.
2-17-2023 Newshound Guru NORV [aka Kaperoni] Despite the Central Bank's decision to adjust the exchange rate to 1,300 dinars to the dollar from 1,470 dinars, confusion still prevails in the Iraqi markets. The exchange rates remain high despite the relative stability in the local stock exchange.
2-17-2023 Intel Guru MarkZ [via PDK] Question: Mark, are you still hearing Iraq will make a move around the 18th or 24th? Answer: Yes I am still hearing that.
2-17-2023 Intel Guru MarkZ [via PDK] Iraq has been very quiet…. Thursday was a holiday and today was a holy day. But we continue to hear how much progress they made at the big meetings over here in DC...we are watching it all play out. Things are underway...
2-17-2023 Newshound Guru Pimpy Iraq is going to have to know how much currency is out there in circulation...the last thing you want to do is increase the rate of the dinar and turn around and enrich a terrorist group...If they're going to do a huge rate change, I'm more than positive you're going to see the redenomination of the Iraqi dinar because it wouldn't make sense to turn around and enrich those very enemies that you're trying to fight against.
2-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-17-2023 Newshound Guru Sandy Ingram The IQD rate still does not show 1300 IQD to 1 US dollar. We are not sure if the 1300 IQD rate is in effect. However, a rate of 1310 IQD to 1 US dollar shows up on the Central Bank of Iraq's website... [Note: You can always find the latest official CBI dinar rate in the column on the left of this page.]
2-17-2023 Intel Guru MarkZ [via PDK] From our own US Dept. of State at State.gov…. “Joint statement on the US-Iraq higher coordinating committee” this is the official statement on the meetings in DC…frameworks, investments etc…We are being told from people within those meetings or close to those meetings that more than that was accomplished. Things like new rates that we can expect soon and what we can also expect as to timing…I do not know what that timing is yet but hoping it will leak…
2-17-2023 Newshound Guru Paulette ...There will be a significant amount of USD going to Iran for imports and this will continue but under the "new mechanism"...Merchants conducting Legal business can purchase USD for 1320...Who is willing to pay nearly 14% more for their imports at 1530? The Market is clearly still filled with corruption! The Sudani GOI is stating all the right things about taking action against the corrupt that are causing this significant difference in the official and market rates and perhaps this is how they are "smoking out" the corrupt. Time will Tell...it seems the clock is ticking.
2-17-2023 Intel Guru Bruce [via WiserNow] Where does that put us? So, the latest we have from this same Treasury source is saying that we...will be notified either Sunday evening or Monday morning. ...and we would set our appointments on Monday - Start our exchanges on Tuesday... that has us going early next week...we're looking good... [post 2 of 2]
2-17-2023 Intel Guru Bruce [via WiserNow] ...Tuesday...I got this information...the transition from our old form of government, which is a USA Inc. Okay, the United States of America Incorporated...a transition to the Restored Republic of America...is in place now... This means that your treasury resources that when that happened...the green light would be triggered by Treasury to the banks to allow the banks to move forward with tranches of payments to bondholders, their notifications and us to be notified for our exchanges...That was a very big move that had to take place. And it did. [post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Pimpy Article: "US Report: Iraqi delegation in Washington came under 'severe' pressure from Biden administration" To me this is just smoke and mirrors...they're acting like they're being hard on Iraq but I don't believe it, not for a second.
2-17-2023 Newshound Guru Henig Article: "Government spokesman to Shafaq News: The Iraqi delegation to Washington reached "new mechanisms" on the dollar crisis" Quote: "...the American party has paid very attention to the Iraqi delegation in a very different way from all previous delegations that visited the United States of America during the past years...the two parties reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official price, and this price will be stable in the coming days."
2-17-2023 Newshound Guru Militia Man We're changing from an exchange rate topic to a value-related topic. We have the foreign minister, finance minster and the central bank talking about value and value comes from not just an exchange rate per se but what's the basis of that value. That value is going to come from income streams, taxes, tariffs at the borders, natural gas, oil and ...foreign reserves which is the dollar...and they have a lot of gold...the basis of all these meetings is definitely value.
2-17-2023 Intel Guru MarkZ [via PDK] [So where are we?] If we are listening to bankers…they believe we are a day or two away…if you listen to folks on the ground in Iraq we may be a couple weeks away… Either way this tells us how close we are… IMO It has started. When Iraq changed their rate to 1300 it started the mechanism …to me this is when the switch was flipped. This is when it was turned on and now we are just waiting for the process to roll down to us… I am very excited...
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: Your bank friend is trying to explain to you how the rate is going to change and lead to a float. Your official rate right now is 1300. Your bank friend tells you the next rate change you should look for is 1190. I think it might be 1000. Either way all three of them are going in the correct direction and that's what's exciting. You're soon to float, to add value to your currency and that is a dream finally coming true. [Post 2 of 2]
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says this new gas and oil law...is the key...They're saying on TV that Sudani has worked out a new deal and he got the Kurds in Baghdad to agree and this will make it all possible...meetings are still going on but it's the key. FRANK: I'll admit it [HCL] is an important key factor but there are many other factors that were presented to Washington D.C...about the 2nd stage of the monetary reform...that's what I am looking for... [Post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Sandy Ingram Article: "Commission of Integrity issues 90 arrest warrants for official" The officials include 4 MPs in the current parliament. 5 former MPs. 4 former ministers...2 current undersecretaries. 3 former undersecretaries ...3 current governors. 14 former governors. 10 current General Directors. 27 former general directors...7 former members of government councils.
2-17-2023 Newshound Guru NORV [aka Kaperoni] Despite the Central Bank's decision to adjust the exchange rate to 1,300 dinars to the dollar from 1,470 dinars, confusion still prevails in the Iraqi markets. The exchange rates remain high despite the relative stability in the local stock exchange.
2-17-2023 Intel Guru MarkZ [via PDK] Question: Mark, are you still hearing Iraq will make a move around the 18th or 24th? Answer: Yes I am still hearing that.
2-16-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-16-2023 Newshound Guru Pimpy Article: "Urgent the governor of the central bank reveals the secrets of the dollar's devaluation and the reason for its rise in the market" He's saying there's no reason to change the Iraqi dinar rate anymore. He goes on to say anybody who wants an increase in the dinar versus the dollar must be wanting it for nefarious reasons.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...Middle East leaders want the IQD in their basket of currencies and...all these meetings they are doing with the USA, Feds and Treasury none of this would happen unless we were going to an international rate. Watch for 1190 to come into play. FRANK: This is a smart bank friend. Seriously, everything you see. Everything you read and you're not going to float? Then why the heck did you spend so much energy, so much time to explain to the citizens, educate them, that you were going to? ...Why would they go through this if they were not going to float the currency? Of course they are.
2-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-16-2023 Intel Guru MarkZ [via PDK] I am hearing fantastic things that came out of the meetings with Iraq , the Fed and the UST that they all agreed to. That all of the framework, times, dates are settled…and that the cleanup of corruption in Iraq is going quicker than anticipated...I am confident saying it is well underway because of the number of confirmations I have gotten on money being positioned and in place. Now we wait to get a better idea on the timing. As far as I am concerned the countdown has started. Things are now moving forward.
2-16-2023 Newshound Guru Paulette [Response to Guru Deepwoodz below] Perhaps...However, Iraq has clearly stated that imports only require a maximum of 60 million/day...the citizens are being encouraged to hold and use IQD...where did the other 600 million+ go this week? It certainly didn't result in controlling the exchange rate as it still sits at 1530. Somebody is clearly desperate enough to pay a premium for USD and is not willing to do it legally as they can purchase direct through the banks at 1320...many articles have stated that billions of dollars are siphoned out of Iraq and into other countries through the Currency Sales and that this "THEFT" has to end...Iraq has clearly stated that this excessive movement of USD is not a good thing...
2-16-2023 Newshound Guru Henig Article: "A leader in Al-Asa'ib sparks a dispute between Al-Sudani and Al-Maliki". IMO: Maliki being Maliki again. I see any disagreement with Maliki as being a good thing. Maliki likes his power, and when someone opposes him on that, it's generally needed. I like to see Sudani standing up to Maliki, it seems VERY positive. The more Sudani draws power away from Maliki, the better. Sudani ascending, Maliki descending. I like it.
2-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's very important for the CBI and Sudani to be telling the citizens to hold onto their worthless IQDs. It's important that you take notice of this. It's a direct and powerful indicator of what's to come from the CBI to the citizens of Iraq for their currency.
2-16-2023 Intel Guru Frank26 The Iraqi dinar is now going to go in orbit internationally around the Earth and they're calling it the 'second important package'. We called it the 2nd article from the CBI to the Iraqi citizens. The monetary reform education has now graduated to this level.
2-16-2023 Guest Guru Deepwoodz There was a question posed due to the increase in the amounts of dollars “sold at auction”. So why the increase as of late? Possibly...We know the border ports are in full swing using their new electronic platforms. We know the shipping lanes have been upgraded and increasing imports just as the land locked ports are. The country is getting all the bugs worked out of their new and transparent platforms. This in turn is reducing corruption and smuggling. It’s fair to say that an increase in the amounts is not only expected, but in this stage of the game it’s a good thing. This won’t change until Iraq comes out with their new international rate and pretty new bills. Then you can say adios to the widespread use of the dollar.
2-16-2023 Newshound Guru Pimpy Iraq...had a chance to come out to Washington and the squeeze was put on them. Biden has put a crack down on Iraq because it won't stop funding Iran. This is what happens when you get a Coordinated Framework in there. These are people who are loyal to Iran not Iraq. That includes the Prime Minister forcing Biden and the United States Federal Reserve to put the squeeze on Iraq and it's affecting their dinar.
2-16-2023 Intel Guru MarkZ [via PDK] ”90 corruption arrests – counterfeit money” ...The counterfeit money was US $100 dollar bills. They are counterfeiting US dollars in order to buy more dinar. They are cleaning that up in Iraq with over 90 arrests so far. They have made massive moves cleaning up corruption in Iraq over the last 24 hours. We are told this is important...they are cleaning things up...for a reset in price.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about the budget. They're saying the next move is to strengthen the dinar after they now have the dollar under control. They keep talking about speeding up the budget because it's holding up the project and the projects are waiting on the budget. FRANK: Everything waits on the new exchange rate. Everything.
2-16-2023 Guru Nader From The Mid East Since last Saturday the police and man of law been running the streets in Baghdad and markets of Baghdad...you see a lot of cash in the streets. Everybody sells cash on the streets and everybody sells dinar and dollar...the government is cleaning up. They want to take all that out. They don't want nobody else besides the banks or the exchange offices to sell dinars or dollars or any kind of money. That's a good thing...if they are doing that they are doing it for a reason...that's going to take a couple weeks...maybe a month to clean up all that money in the streets.
2-16-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" This article is music to me when I read it… Yes we [have been] waiting so long to see this. Finally!!! Go RV!
2-16-2023 Intel Guru MarkZ [via PDK] ...hearing positive things from Vietnam... Keep in mind that we don’t hear as much from them…but they are prepared for an increased value on their currency. We have seen documentation from our state Dept. that Vietnam needs to increase the value of their currency…they are way undervalued...they are ready to go… [Dong Rate?] I still believe it could be around $2.25 or so…but banking contacts think that is low and it could be higher. There is always the chance that Iraq could go alone…they have approvals for that. But all my contacts in Asia and Asian banking believe that Vietnam is positioned and ready and will go at the same time... I feel very confident in these two currencies.
2-16-2023 Newshound Guru Pimpy Article: "Urgent the governor of the central bank reveals the secrets of the dollar's devaluation and the reason for its rise in the market" He's saying there's no reason to change the Iraqi dinar rate anymore. He goes on to say anybody who wants an increase in the dinar versus the dollar must be wanting it for nefarious reasons.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...Middle East leaders want the IQD in their basket of currencies and...all these meetings they are doing with the USA, Feds and Treasury none of this would happen unless we were going to an international rate. Watch for 1190 to come into play. FRANK: This is a smart bank friend. Seriously, everything you see. Everything you read and you're not going to float? Then why the heck did you spend so much energy, so much time to explain to the citizens, educate them, that you were going to? ...Why would they go through this if they were not going to float the currency? Of course they are.
2-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-16-2023 Intel Guru MarkZ [via PDK] I am hearing fantastic things that came out of the meetings with Iraq , the Fed and the UST that they all agreed to. That all of the framework, times, dates are settled…and that the cleanup of corruption in Iraq is going quicker than anticipated...I am confident saying it is well underway because of the number of confirmations I have gotten on money being positioned and in place. Now we wait to get a better idea on the timing. As far as I am concerned the countdown has started. Things are now moving forward.
2-16-2023 Newshound Guru Paulette [Response to Guru Deepwoodz below] Perhaps...However, Iraq has clearly stated that imports only require a maximum of 60 million/day...the citizens are being encouraged to hold and use IQD...where did the other 600 million+ go this week? It certainly didn't result in controlling the exchange rate as it still sits at 1530. Somebody is clearly desperate enough to pay a premium for USD and is not willing to do it legally as they can purchase direct through the banks at 1320...many articles have stated that billions of dollars are siphoned out of Iraq and into other countries through the Currency Sales and that this "THEFT" has to end...Iraq has clearly stated that this excessive movement of USD is not a good thing...
2-16-2023 Newshound Guru Henig Article: "A leader in Al-Asa'ib sparks a dispute between Al-Sudani and Al-Maliki". IMO: Maliki being Maliki again. I see any disagreement with Maliki as being a good thing. Maliki likes his power, and when someone opposes him on that, it's generally needed. I like to see Sudani standing up to Maliki, it seems VERY positive. The more Sudani draws power away from Maliki, the better. Sudani ascending, Maliki descending. I like it.
2-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's very important for the CBI and Sudani to be telling the citizens to hold onto their worthless IQDs. It's important that you take notice of this. It's a direct and powerful indicator of what's to come from the CBI to the citizens of Iraq for their currency.
2-16-2023 Intel Guru Frank26 The Iraqi dinar is now going to go in orbit internationally around the Earth and they're calling it the 'second important package'. We called it the 2nd article from the CBI to the Iraqi citizens. The monetary reform education has now graduated to this level.
2-16-2023 Guest Guru Deepwoodz There was a question posed due to the increase in the amounts of dollars “sold at auction”. So why the increase as of late? Possibly...We know the border ports are in full swing using their new electronic platforms. We know the shipping lanes have been upgraded and increasing imports just as the land locked ports are. The country is getting all the bugs worked out of their new and transparent platforms. This in turn is reducing corruption and smuggling. It’s fair to say that an increase in the amounts is not only expected, but in this stage of the game it’s a good thing. This won’t change until Iraq comes out with their new international rate and pretty new bills. Then you can say adios to the widespread use of the dollar.
2-16-2023 Newshound Guru Pimpy Iraq...had a chance to come out to Washington and the squeeze was put on them. Biden has put a crack down on Iraq because it won't stop funding Iran. This is what happens when you get a Coordinated Framework in there. These are people who are loyal to Iran not Iraq. That includes the Prime Minister forcing Biden and the United States Federal Reserve to put the squeeze on Iraq and it's affecting their dinar.
2-16-2023 Intel Guru MarkZ [via PDK] ”90 corruption arrests – counterfeit money” ...The counterfeit money was US $100 dollar bills. They are counterfeiting US dollars in order to buy more dinar. They are cleaning that up in Iraq with over 90 arrests so far. They have made massive moves cleaning up corruption in Iraq over the last 24 hours. We are told this is important...they are cleaning things up...for a reset in price.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about the budget. They're saying the next move is to strengthen the dinar after they now have the dollar under control. They keep talking about speeding up the budget because it's holding up the project and the projects are waiting on the budget. FRANK: Everything waits on the new exchange rate. Everything.
2-16-2023 Guru Nader From The Mid East Since last Saturday the police and man of law been running the streets in Baghdad and markets of Baghdad...you see a lot of cash in the streets. Everybody sells cash on the streets and everybody sells dinar and dollar...the government is cleaning up. They want to take all that out. They don't want nobody else besides the banks or the exchange offices to sell dinars or dollars or any kind of money. That's a good thing...if they are doing that they are doing it for a reason...that's going to take a couple weeks...maybe a month to clean up all that money in the streets.
2-16-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" This article is music to me when I read it… Yes we [have been] waiting so long to see this. Finally!!! Go RV!
2-16-2023 Intel Guru MarkZ [via PDK] ...hearing positive things from Vietnam... Keep in mind that we don’t hear as much from them…but they are prepared for an increased value on their currency. We have seen documentation from our state Dept. that Vietnam needs to increase the value of their currency…they are way undervalued...they are ready to go… [Dong Rate?] I still believe it could be around $2.25 or so…but banking contacts think that is low and it could be higher. There is always the chance that Iraq could go alone…they have approvals for that. But all my contacts in Asia and Asian banking believe that Vietnam is positioned and ready and will go at the same time... I feel very confident in these two currencies.
2-15-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-15-2023 Newshound Guru Pimpy Article: "Central Bank: Bank outlets to sell foreign currency continue to work by selling dollars" Remember everybody was clamping down on dollars making them real scare. The more scarce they are then they rise up against the dinar in exchange. Iraq is trying to get permission from the United States to get more US dollars so they can release them in their country and drive the value down against the dinar.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say they are about to launch the 2nd phase of packages to make the dinar stable... FRANK: A program rate in instability. It's not stable. So read between the lines, they're telling the Iraqi citizens the currency exchange rate is about to become stable. Yah!
2-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-15-2023 Newshound Guru Breitling The Parliament did accept the proposed increase in value of the IQD to 1300 dinar per USD [From the CBI]. This is in part to offset the recent losses in value and to increase the purchasing power of the currency.
2-15-2023 Intel Guru Bruce [via WiserNow] We got...our lead bank talking about this thing going...[Wednesday] for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/ Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week.
2-15-2023 Newshound Guru Sandy Ingram Article: "Congressmen call for more US support for Kurdistan Region, tougher position toward pro-Iran elements in Iraq" This cannot be good. Or it may be the best thing that has happened in the last 10 years. Congress is actively asking questions and wanting to control the purse strings of America's aid packages to Iraq...
2-15-2023 Intel Guru MarkZ [via PDK] “Diamond Jubilee Central Bank of Iraq - 75 years” They are preparing themselves for a change in value and expanding to accommodate more companies as they are expanding…they are scrambling to get more licensed banks...to handle more currency exchanges. To go from dinar to dollar…from dollar to dinar and other countries’ currencies as well. Iraq is positioning itself to be a regional powerhouse.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us to be careful, to hold onto our dinars and not sell them for the dollar because the dinar may become more valuable than the dollar... FRANK: They tell you to hold onto your dinars?! It's a sanctioned program rate but in the same breath they tell you to hold on because it may be more valuable than the dollar? That's called reading between the lines!
2-15-2023 Guest Guru Suzie I'd be happy if they stopped there [1310], dropped a zero and moved the decimal point to the 1.31 mark, but the race between the tortoise and the snail continues...
2-15-2023 Newshound Guru Pimpy I Love what Guru Nader does. I dig that he gets out these news stories because these are things that we don't usually have access to and at least it gives us some kind of insight on what's being said over there in Iraq...I like having him part of the community. I think he's a big plus and an asset to everything that we're doing over here. So I'm grateful for that... [NOTE: Here at DinarGuru.com we can't agree more! Reference Guru Nader's Post 2-14-2023 below]
2-15-2023 Intel Guru MarkZ [via PDK] ...in the last couple days this rate has gained momentum and more and more people are ditching US dollars so I do not think they need another incremental drop…I think it could just go “Bam” and we get the big one. Still getting mixed reports as to whether we will get a full blown re-instated or revalued rate or if it will be 1 to 1 and float. About 80% of my bankers feel we will get a final rate out of the gate at the finish line…and 20% believe it will be that float…. I believe the countdown has started…and this thing is ready to blow...
2-15-2023 Newshound Guru Militia Man One of the things investors in the world need to come into Iraq...they need to have freedom of capital movement. They must have been assured in the Washington, Baghdad, Istanbul and the meetings that we saw with the IMF and AMF in the last 24 to 48 hours are all coming about telling us that they're going to be going international...
2-15-2023 Intel Guru Frank26 Article: "Al-Sudani directs a process of re-evaluation of all departments and support for investors". NOTICE THE THEME OF THE ARTICLES THIS WEEK... IT'S ALL ABOUT THE SECOND PACKAGE... FOR THE ECONOMIC REFORM!
2-15-2023 Newshound/Intel Guru RVAlready Article: "Fuad Hussein: We reached an agreement with American officials regarding the dollar" Quote: "I see that the currency issue will be gradually resolved..." Article: "The Governor of the Central Bank of Iraq reassures the people: We found understanding from the Americans regarding the dollar" This is great news from a respected Iraqi diplomat and the head of the CBI. I’m looking for 1000 to 1 real soon now.
2-15-2023 Newshound/Intel Guru Mnt Goat ...Everything is pointing in the right direction that this could literally happen VERY SOON...
2-15-2023 Newshound Guru Pimpy Article: "Central Bank: Bank outlets to sell foreign currency continue to work by selling dollars" Remember everybody was clamping down on dollars making them real scare. The more scarce they are then they rise up against the dinar in exchange. Iraq is trying to get permission from the United States to get more US dollars so they can release them in their country and drive the value down against the dinar.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say they are about to launch the 2nd phase of packages to make the dinar stable... FRANK: A program rate in instability. It's not stable. So read between the lines, they're telling the Iraqi citizens the currency exchange rate is about to become stable. Yah!
2-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-15-2023 Newshound Guru Breitling The Parliament did accept the proposed increase in value of the IQD to 1300 dinar per USD [From the CBI]. This is in part to offset the recent losses in value and to increase the purchasing power of the currency.
2-15-2023 Intel Guru Bruce [via WiserNow] We got...our lead bank talking about this thing going...[Wednesday] for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/ Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week.
2-15-2023 Newshound Guru Sandy Ingram Article: "Congressmen call for more US support for Kurdistan Region, tougher position toward pro-Iran elements in Iraq" This cannot be good. Or it may be the best thing that has happened in the last 10 years. Congress is actively asking questions and wanting to control the purse strings of America's aid packages to Iraq...
2-15-2023 Intel Guru MarkZ [via PDK] “Diamond Jubilee Central Bank of Iraq - 75 years” They are preparing themselves for a change in value and expanding to accommodate more companies as they are expanding…they are scrambling to get more licensed banks...to handle more currency exchanges. To go from dinar to dollar…from dollar to dinar and other countries’ currencies as well. Iraq is positioning itself to be a regional powerhouse.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us to be careful, to hold onto our dinars and not sell them for the dollar because the dinar may become more valuable than the dollar... FRANK: They tell you to hold onto your dinars?! It's a sanctioned program rate but in the same breath they tell you to hold on because it may be more valuable than the dollar? That's called reading between the lines!
2-15-2023 Guest Guru Suzie I'd be happy if they stopped there [1310], dropped a zero and moved the decimal point to the 1.31 mark, but the race between the tortoise and the snail continues...
2-15-2023 Newshound Guru Pimpy I Love what Guru Nader does. I dig that he gets out these news stories because these are things that we don't usually have access to and at least it gives us some kind of insight on what's being said over there in Iraq...I like having him part of the community. I think he's a big plus and an asset to everything that we're doing over here. So I'm grateful for that... [NOTE: Here at DinarGuru.com we can't agree more! Reference Guru Nader's Post 2-14-2023 below]
2-15-2023 Intel Guru MarkZ [via PDK] ...in the last couple days this rate has gained momentum and more and more people are ditching US dollars so I do not think they need another incremental drop…I think it could just go “Bam” and we get the big one. Still getting mixed reports as to whether we will get a full blown re-instated or revalued rate or if it will be 1 to 1 and float. About 80% of my bankers feel we will get a final rate out of the gate at the finish line…and 20% believe it will be that float…. I believe the countdown has started…and this thing is ready to blow...
2-15-2023 Newshound Guru Militia Man One of the things investors in the world need to come into Iraq...they need to have freedom of capital movement. They must have been assured in the Washington, Baghdad, Istanbul and the meetings that we saw with the IMF and AMF in the last 24 to 48 hours are all coming about telling us that they're going to be going international...
2-15-2023 Intel Guru Frank26 Article: "Al-Sudani directs a process of re-evaluation of all departments and support for investors". NOTICE THE THEME OF THE ARTICLES THIS WEEK... IT'S ALL ABOUT THE SECOND PACKAGE... FOR THE ECONOMIC REFORM!
2-15-2023 Newshound/Intel Guru RVAlready Article: "Fuad Hussein: We reached an agreement with American officials regarding the dollar" Quote: "I see that the currency issue will be gradually resolved..." Article: "The Governor of the Central Bank of Iraq reassures the people: We found understanding from the Americans regarding the dollar" This is great news from a respected Iraqi diplomat and the head of the CBI. I’m looking for 1000 to 1 real soon now.
2-15-2023 Newshound/Intel Guru Mnt Goat ...Everything is pointing in the right direction that this could literally happen VERY SOON...
2-14-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-14-2023 Newshound Guru Pimpy If the United States gets behind a revaluation of the Iraqi dinar to $3.22 then it's going to be recognized by the rest of the international community. But if the United States doesn't get behind it, I don't care if they change the rate or not it's going to mean nothing to us who don't live in Iraq ...
2-14-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Today we still see the street rate lagging behind the official rate of 1300. The street rate is just over 1500 but that's normal for the street rate to lag behind for a little while. We hear the 2nd phase they're about to introduce to us is about to be launched. Let's wait and see what this will bring to us with our exchange rate and currency...we hope the rate moves with this 2nd phase. FRANK: It will...the 2nd stage equals an international float.
2-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-14-2023 Guru Nader From The Mid East [Guru] Pimpy makes me laugh. Sometimes I hate him. I hate him because he makes fun of me but in a good way though. :) Pimpy this is for you. Listen to me...You saw my video...it's not from me, it's the news. I put the captions on...whatever the government says, whatever the TV says, the news, whatever, I put out there. Whatever I hear or read or something good I put it out there. Don't get me wrong, something is going to change Pimpy. You'll be surprised...wait wait, we're gonna kick your ass Pimpy! :) On the rate we're gonna kick your ass. :) You'll see. Just be patient. If I say it with a smile it's because I know something. [NOTE: This is a happy and friendly post said in good nature and a smile. Friendly guru banter.]
2-14-2023 Newshound Guru Sandy Ingram What is Iraq doing to prepare for entering the global financial world? It is efforts like this that encourage our belief that the Iraqi dinar will revalue at a much higher rate...What is an FIU? (Financial Intelligence Unit) That is a bid deal, a really big deal...Iraq applying for and being accepted by this organization says they are ready to dig deep and understand financial crimes before they happen...FIU could easily help Iraq identify large sums of money leaving Iraq for Iran or any other place in the world...this means checking the financial status for Iraqi politicians will become second nature.
2-14-2023 Newshound Guru Clare Article: "Huad Hussein from Washington: The currency crisis is gradually receding, and Iraq is becoming aware of it" Quote: "... there is already a system in place between the Central Bank of Iraq and the US treasury, but it is new, and the Iraqi parties have become more familiar with the mechanism"
2-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] All of these things we are seeing in the economic reform is due to the completion and success of the monetary reform from the CBI, US Treasury, IMF and World Bank. The CBI is keeping the confidence and momentum up with the citizens of Iraq concerning their monetary reform. Just telling them to "Hold onto their IQDs because it may be going up in value" is a clear indicator of what's to come IMO sooner rather than later at this 2nd stage of monetary reform...it can't get any more clearer than that. "Hold onto them!"
2-14-2023 Intel Guru Frank26 We truly, sincerely feel there will be another rate change coming in the right direction. That's what I'm looking for between now and Wednesday or whenever. Let's see... I believe 1000 might be the next range. [Firefly's] bank friend believes 1190 will be the next exchange rate they are looking at. Whatever the case is it is being done because now they are in the 2nd phase which is the 2nd article from the CBI...
2-14-2023 Intel Guru MarkZ [via PDK] ...I can tell you the repeated conversations in Iraq is that the rate will be considerably higher than the USD. Chatter in Iraq continues saying the impending event where the dinar will be at least equal to or superior to the US dollar...Sources are still looking at mid February...I am still hearing it’s the 24th…they have laid extensive groundwork…
2-14-2023 Newshound Guru Militia Man 1310 isn't enhancing the value of the dinar. It was 1166 to 1460 and then back to 1310. That's not enhancing. The inflation and all those things that come with that just doesn't match. But what does match is they they're enhancing the value based on income streams...taxes, tariffs...gold reserves...foreign reserves. All of those things are the things that enhance the value fo their currency...
2-14-2023 Newshound Guru Pimpy The overall goal is to get the Iraqi dinar to a 1 to 1 level playing field exchange rate...the dinar is going to get stronger and it's actually going to get stronger much quicker than people think...major projects happening in Iraq and every one of these has to with the new development going on in Iraq and how their economy is actually getting very strong which will lead to them having a 1 to 1 exchange with the United States dollar...the economy for Iraq is getting ready to boom. Employment is getting ready to boom. Everything is getting worked out...
2-14-2023 Intel Guru Frank26 We told you as soon as they get back from Washington DC all heck is going to break loose. They came back...What did they bring back? The 2nd Package. The 2nd phase. The second article from the CBI to the Iraqi citizens. And what is it? ...It's a new exchange rate against the American dollar. It is a gradual float of getting to at least 1 to 1. That's amazing so they can at least go float it internationally.
2-14-2023 Intel Guru MarkZ [via PDK] Question: Why would Iraq be printing new high security currency if they were not going to be worth much more? Exactly...We can back up years and see all the lower denoms that have been printed “The central bank announces the imminent introduction of large quantities of lower denominations of the currency” This article was from 2018. They paid millions and millions of dollars to DeLaRue…one of the top currency printing companies to print these new high security lower denominations currency notes… We know they are there…we know they were paid for. They sure would not print all of these to keep it at the value it is now.
2-14-2023 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENTARY ENERGY: A “SEMI-OFFICIAL” AGREEMENT ON THE OIL AND GAS LAW" As I stated many times already the new 2005 Iraqi constitution states that there shall be a referendum passed in parliament on instituting the conditions of the constitution to manage the oil and gas. This is called now the oil and gas law. Seems anytime we get news of a rate change, this law pops up in the news. Why? I was told way back in 2011 that this law is necessary to...reinstate the dinar as are all the provisions in the constitution must first be met, including this one. Funny how it always comes up when they are getting ready to reinstate the dinar.
2-14-2023 Newshound Guru Pimpy If the United States gets behind a revaluation of the Iraqi dinar to $3.22 then it's going to be recognized by the rest of the international community. But if the United States doesn't get behind it, I don't care if they change the rate or not it's going to mean nothing to us who don't live in Iraq ...
2-14-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Today we still see the street rate lagging behind the official rate of 1300. The street rate is just over 1500 but that's normal for the street rate to lag behind for a little while. We hear the 2nd phase they're about to introduce to us is about to be launched. Let's wait and see what this will bring to us with our exchange rate and currency...we hope the rate moves with this 2nd phase. FRANK: It will...the 2nd stage equals an international float.
2-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-14-2023 Guru Nader From The Mid East [Guru] Pimpy makes me laugh. Sometimes I hate him. I hate him because he makes fun of me but in a good way though. :) Pimpy this is for you. Listen to me...You saw my video...it's not from me, it's the news. I put the captions on...whatever the government says, whatever the TV says, the news, whatever, I put out there. Whatever I hear or read or something good I put it out there. Don't get me wrong, something is going to change Pimpy. You'll be surprised...wait wait, we're gonna kick your ass Pimpy! :) On the rate we're gonna kick your ass. :) You'll see. Just be patient. If I say it with a smile it's because I know something. [NOTE: This is a happy and friendly post said in good nature and a smile. Friendly guru banter.]
2-14-2023 Newshound Guru Sandy Ingram What is Iraq doing to prepare for entering the global financial world? It is efforts like this that encourage our belief that the Iraqi dinar will revalue at a much higher rate...What is an FIU? (Financial Intelligence Unit) That is a bid deal, a really big deal...Iraq applying for and being accepted by this organization says they are ready to dig deep and understand financial crimes before they happen...FIU could easily help Iraq identify large sums of money leaving Iraq for Iran or any other place in the world...this means checking the financial status for Iraqi politicians will become second nature.
2-14-2023 Newshound Guru Clare Article: "Huad Hussein from Washington: The currency crisis is gradually receding, and Iraq is becoming aware of it" Quote: "... there is already a system in place between the Central Bank of Iraq and the US treasury, but it is new, and the Iraqi parties have become more familiar with the mechanism"
2-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] All of these things we are seeing in the economic reform is due to the completion and success of the monetary reform from the CBI, US Treasury, IMF and World Bank. The CBI is keeping the confidence and momentum up with the citizens of Iraq concerning their monetary reform. Just telling them to "Hold onto their IQDs because it may be going up in value" is a clear indicator of what's to come IMO sooner rather than later at this 2nd stage of monetary reform...it can't get any more clearer than that. "Hold onto them!"
2-14-2023 Intel Guru Frank26 We truly, sincerely feel there will be another rate change coming in the right direction. That's what I'm looking for between now and Wednesday or whenever. Let's see... I believe 1000 might be the next range. [Firefly's] bank friend believes 1190 will be the next exchange rate they are looking at. Whatever the case is it is being done because now they are in the 2nd phase which is the 2nd article from the CBI...
2-14-2023 Intel Guru MarkZ [via PDK] ...I can tell you the repeated conversations in Iraq is that the rate will be considerably higher than the USD. Chatter in Iraq continues saying the impending event where the dinar will be at least equal to or superior to the US dollar...Sources are still looking at mid February...I am still hearing it’s the 24th…they have laid extensive groundwork…
2-14-2023 Newshound Guru Militia Man 1310 isn't enhancing the value of the dinar. It was 1166 to 1460 and then back to 1310. That's not enhancing. The inflation and all those things that come with that just doesn't match. But what does match is they they're enhancing the value based on income streams...taxes, tariffs...gold reserves...foreign reserves. All of those things are the things that enhance the value fo their currency...
2-14-2023 Newshound Guru Pimpy The overall goal is to get the Iraqi dinar to a 1 to 1 level playing field exchange rate...the dinar is going to get stronger and it's actually going to get stronger much quicker than people think...major projects happening in Iraq and every one of these has to with the new development going on in Iraq and how their economy is actually getting very strong which will lead to them having a 1 to 1 exchange with the United States dollar...the economy for Iraq is getting ready to boom. Employment is getting ready to boom. Everything is getting worked out...
2-14-2023 Intel Guru Frank26 We told you as soon as they get back from Washington DC all heck is going to break loose. They came back...What did they bring back? The 2nd Package. The 2nd phase. The second article from the CBI to the Iraqi citizens. And what is it? ...It's a new exchange rate against the American dollar. It is a gradual float of getting to at least 1 to 1. That's amazing so they can at least go float it internationally.
2-14-2023 Intel Guru MarkZ [via PDK] Question: Why would Iraq be printing new high security currency if they were not going to be worth much more? Exactly...We can back up years and see all the lower denoms that have been printed “The central bank announces the imminent introduction of large quantities of lower denominations of the currency” This article was from 2018. They paid millions and millions of dollars to DeLaRue…one of the top currency printing companies to print these new high security lower denominations currency notes… We know they are there…we know they were paid for. They sure would not print all of these to keep it at the value it is now.
2-14-2023 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENTARY ENERGY: A “SEMI-OFFICIAL” AGREEMENT ON THE OIL AND GAS LAW" As I stated many times already the new 2005 Iraqi constitution states that there shall be a referendum passed in parliament on instituting the conditions of the constitution to manage the oil and gas. This is called now the oil and gas law. Seems anytime we get news of a rate change, this law pops up in the news. Why? I was told way back in 2011 that this law is necessary to...reinstate the dinar as are all the provisions in the constitution must first be met, including this one. Funny how it always comes up when they are getting ready to reinstate the dinar.
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2-13-2023 Newshound Guru Pimpy ...With the currency being stolen by corrupt politicians and terrorists there's no way they're going to revalue the currency currency to [$3.22]. Most likely when the time comes and they're really right back on track you're going to see them re-denominate the currency and it's going to go up in increments. Do I think it could get to the $3.22 rate? Of course I do...I'm not saying it's going to happen overnight. I'm saying it's possible to get to the $3.22 rate. They just have to make sure to stop doing all the bad things that keep setting them back...
2-13-2023 Newshound Guru Clare Article: "The government sets a week to complete the 2023 budget according to the new exchange rate: we will approve it in one session" Quote: "The Iraqi government revealed, on Wednesday, that the Ministry of Finance has begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars."
2-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-13-2023 Intel Guru MarkZ [via PDK] But most all agree that it will come out 1 to 1 first…if there is a float…I was told by the overwhelming majority of my contacts that at the meetings last week with the UST…the rate was set. The plan has been set. We just need to know the timing. All my Iraqi sources, European sources and US sources tell me the rate was decided …it was finalized…everything was put in concrete during those DC meetings. Now we need to see it. [post 2 of 2]
2-13-2023 Intel Guru MarkZ [via PDK] ...They are still trying their level best to get the US dollars off the street and the dinar back in the hands of the people. I am still being told this is in preparation for a meaningful change in rate. There is still a lot of speculation as to whether it will come out 1 to 1 and float…or whether it will come out at a higher rate…the majority of my contacts think we will be get a contract rate and then be done…nice and simple. [post 1 of 2....stay tuned]
2-13-2023 Guru Nader From The Mid East I still believe the budget have nothing to do do with the rate. The economy have to do with the rate. The private sector has to do with the rate. But the budget have nothing to do with the rate. The budget is for the country. It's not for outside the country.
2-13-2023 Newshound Guru Sandy Ingram The Iraqi cabinet set the official exchange rate at 1300 Iraqi dinars per 1 US dollar. The change is based on the Central Bank of Iraq's suggestion/recommendation. The previous rate was at 1460 Iraqi dinar to 1 dollar...the Iraqi dinar has lost more than 10% of its value in recent months because of pressure from the United States to stop the flow of dollars to countries under U.S. sanctions - Iran and Syria. This is not the end of the road. Far from it. But the beginning. For years the official rate was 1182 dinars...Iraq's central bank devalued the dinar in December of 2020 to 1460 dinars per dollar...[We are] viewing this 1300 rate change as a return to the pre-covid exchange rate plus or minus inflation...
2-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] IMO these meetings that they had with the private banks with the CBI bank itself, they turned over the exchange rate...they were all agreed upon...at the onset at least 1 to 1. That's extremely important in order for the float to work properly...
2-13-2023 Intel Guru MarkZ [via PDK] in Iraq: “A significant decline in currency auction sales to the Central bank of Iraq” Why is this one important? …It appears that the rate change is starting to work. What they are wanting to do is keep dinar in the hands of the citizens instead of US dollars. Then when there is a reinstatement the people will benefit from it. ...over the weekend we did see some interesting things. There is a big difference between the official CBI rate and forex rate to the market rates in the region. Anywhere from 500 + dinars to $1 to the official 1300. The dollar purchases are down 62% as of today. I was looking for a more substantial rate change…lower than the 1300 before we see the big rate change…but maybe this will be enough for them before they do the big change.
2-13-2023 Newshound Guru Militia Man Iraq was on the "Black list", then it was moved to a "grey list" and then just yesterday/day before they were moved from that "grey list" by the European Union to the "white area"...at the same time there was things going on in Washington DC.
2-13-2023 Newshound Guru Pimpy The issue with the currency is this - there is not enough United States dollars in Iraq...Since it [dollar smuggling] was so out of control the United States decided to limit the amount of dollars...putting the squeeze on the US dollar which is in high demand in Iraq...legally you're only supposed to get 1450 [Now 1310] dinars for every US dollar. On the black market...people were swapping the US dollar for around 1700 dinars because the dollars were so scarce and people in other counties [trade goods] wanted the dollar...this was causing the huge gap between the official rate and the market rate so cash smuggling or laundering becomes really profitable...so they're trying to put a crackdown on that. [Post 2 of 2]
2-13-2023 Newshound Guru Pimpy Let's get clarity about what's really going on over there in Iraq in regards to the decline of the Iraqi dinar... Everybody knows the coordinating framework, Maliki and all his friends...do the bidding of Iran...the currency auctions were being used as a way to funnel money into Iran when Iran is under sanctions. This is a big No-No...so they sanctioned a lot of these people but...they were still able to smuggle money...It's very very profitable for somebody like Maliki, who owns a bank and is a high ranking, very powerful influential politician within Iraq. Unfortunately when your politicians do these types of things and the United States can't find a way to stop what's going on they'll take it out on the citizens of their country... [Post 1 of 2....stay tuned]
2-13-2023 Intel Guru MarkZ [via PDK] I think a lot of folks are going to have money in their pockets this week. I’m looking for a lot of activity this week...Starting around mid week…according to what I heard this weekend.
2-13-2023 Newshound Guru Henig Comment: "There sure isn't many articles about the budget lately?" There've been a few, but mostly rehashing over old material and couched in different information...IMO we won't have a lot of new info until the Council of Ministers releases it to Parliament. Remember they said they were 95% done with it multiple times. No idea why they're waiting, but here we sit.
2-13-2023 Newshound Guru Clare Article: "Governor of the Iraqi Central Bank: Launching a second package of facilities to support the exchange rate" Quote: "The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support mechanisms for the Central Bank of Iraq. In order to enhance his ability to deal flexibly with crises during this stage"
2-13-2023 Newshound Guru Pimpy ...With the currency being stolen by corrupt politicians and terrorists there's no way they're going to revalue the currency currency to [$3.22]. Most likely when the time comes and they're really right back on track you're going to see them re-denominate the currency and it's going to go up in increments. Do I think it could get to the $3.22 rate? Of course I do...I'm not saying it's going to happen overnight. I'm saying it's possible to get to the $3.22 rate. They just have to make sure to stop doing all the bad things that keep setting them back...
2-13-2023 Newshound Guru Clare Article: "The government sets a week to complete the 2023 budget according to the new exchange rate: we will approve it in one session" Quote: "The Iraqi government revealed, on Wednesday, that the Ministry of Finance has begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars."
2-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-13-2023 Intel Guru MarkZ [via PDK] But most all agree that it will come out 1 to 1 first…if there is a float…I was told by the overwhelming majority of my contacts that at the meetings last week with the UST…the rate was set. The plan has been set. We just need to know the timing. All my Iraqi sources, European sources and US sources tell me the rate was decided …it was finalized…everything was put in concrete during those DC meetings. Now we need to see it. [post 2 of 2]
2-13-2023 Intel Guru MarkZ [via PDK] ...They are still trying their level best to get the US dollars off the street and the dinar back in the hands of the people. I am still being told this is in preparation for a meaningful change in rate. There is still a lot of speculation as to whether it will come out 1 to 1 and float…or whether it will come out at a higher rate…the majority of my contacts think we will be get a contract rate and then be done…nice and simple. [post 1 of 2....stay tuned]
2-13-2023 Guru Nader From The Mid East I still believe the budget have nothing to do do with the rate. The economy have to do with the rate. The private sector has to do with the rate. But the budget have nothing to do with the rate. The budget is for the country. It's not for outside the country.
2-13-2023 Newshound Guru Sandy Ingram The Iraqi cabinet set the official exchange rate at 1300 Iraqi dinars per 1 US dollar. The change is based on the Central Bank of Iraq's suggestion/recommendation. The previous rate was at 1460 Iraqi dinar to 1 dollar...the Iraqi dinar has lost more than 10% of its value in recent months because of pressure from the United States to stop the flow of dollars to countries under U.S. sanctions - Iran and Syria. This is not the end of the road. Far from it. But the beginning. For years the official rate was 1182 dinars...Iraq's central bank devalued the dinar in December of 2020 to 1460 dinars per dollar...[We are] viewing this 1300 rate change as a return to the pre-covid exchange rate plus or minus inflation...
2-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] IMO these meetings that they had with the private banks with the CBI bank itself, they turned over the exchange rate...they were all agreed upon...at the onset at least 1 to 1. That's extremely important in order for the float to work properly...
2-13-2023 Intel Guru MarkZ [via PDK] in Iraq: “A significant decline in currency auction sales to the Central bank of Iraq” Why is this one important? …It appears that the rate change is starting to work. What they are wanting to do is keep dinar in the hands of the citizens instead of US dollars. Then when there is a reinstatement the people will benefit from it. ...over the weekend we did see some interesting things. There is a big difference between the official CBI rate and forex rate to the market rates in the region. Anywhere from 500 + dinars to $1 to the official 1300. The dollar purchases are down 62% as of today. I was looking for a more substantial rate change…lower than the 1300 before we see the big rate change…but maybe this will be enough for them before they do the big change.
2-13-2023 Newshound Guru Militia Man Iraq was on the "Black list", then it was moved to a "grey list" and then just yesterday/day before they were moved from that "grey list" by the European Union to the "white area"...at the same time there was things going on in Washington DC.
2-13-2023 Newshound Guru Pimpy The issue with the currency is this - there is not enough United States dollars in Iraq...Since it [dollar smuggling] was so out of control the United States decided to limit the amount of dollars...putting the squeeze on the US dollar which is in high demand in Iraq...legally you're only supposed to get 1450 [Now 1310] dinars for every US dollar. On the black market...people were swapping the US dollar for around 1700 dinars because the dollars were so scarce and people in other counties [trade goods] wanted the dollar...this was causing the huge gap between the official rate and the market rate so cash smuggling or laundering becomes really profitable...so they're trying to put a crackdown on that. [Post 2 of 2]
2-13-2023 Newshound Guru Pimpy Let's get clarity about what's really going on over there in Iraq in regards to the decline of the Iraqi dinar... Everybody knows the coordinating framework, Maliki and all his friends...do the bidding of Iran...the currency auctions were being used as a way to funnel money into Iran when Iran is under sanctions. This is a big No-No...so they sanctioned a lot of these people but...they were still able to smuggle money...It's very very profitable for somebody like Maliki, who owns a bank and is a high ranking, very powerful influential politician within Iraq. Unfortunately when your politicians do these types of things and the United States can't find a way to stop what's going on they'll take it out on the citizens of their country... [Post 1 of 2....stay tuned]
2-13-2023 Intel Guru MarkZ [via PDK] I think a lot of folks are going to have money in their pockets this week. I’m looking for a lot of activity this week...Starting around mid week…according to what I heard this weekend.
2-13-2023 Newshound Guru Henig Comment: "There sure isn't many articles about the budget lately?" There've been a few, but mostly rehashing over old material and couched in different information...IMO we won't have a lot of new info until the Council of Ministers releases it to Parliament. Remember they said they were 95% done with it multiple times. No idea why they're waiting, but here we sit.
2-13-2023 Newshound Guru Clare Article: "Governor of the Iraqi Central Bank: Launching a second package of facilities to support the exchange rate" Quote: "The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support mechanisms for the Central Bank of Iraq. In order to enhance his ability to deal flexibly with crises during this stage"
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2-12-2023 Newshound Guru Pimpy Community comment "They said there would be a second increase in the middle of this month...after that it will float." It's not that they're getting another increase by the middle of the month. That doesn't make any sense. What they're talking about is they're getting a second package. The Central Bank is...What those packages are are policies and procedures to be implemented to make sure that the banks are tied into the new Swift 2.0 system. That's all it is.
2-12-2023 Newshound Guru Walkingstick [via Frank26] These [CBI] meetings have determined when the new small category notes and the new exchange rate will come out together IMO, possibly, more than likely.
2-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-12-2023 Intel Guru Frank26 It's not going to be pomp and circumstances. It's not going to be on a China balloon. It's not going to be on the Goodyear blimp telling everybody, 'Hey the Iraqi dinar went up in value.' No, it's just going to be another day. It will be like nothing happened. It will just move with their trading with their new exchange rate. The celebration will be inside of Iraq. People will be going crazy. Outside it's such a small percentage of people that have Iraqi dinars.
2-12-2023 Guru Nader From The Mid East I hear a lot of people in the United States acting like they're happy the dollar is going down. You don't know when the dollar goes down how things are going to be expensive for you. It's going to be hard to live, to pay for things. Don't wish that. Don't wish the dollar go down internationally. It's bad for you. It's not a good thing for you. You should do something to stop the inflation, the printing of the dollar.
2-12-2023 Newshound Guru Sandy Ingram Article: "Republicans Put Iraq Aid on Chopping Block Over Country's Support for Iranian Terrorism" This is serious...troubling news...Republican leaders say they are done authorizing these growing aid packages following a decision last month by an Iraqi court to issue an arrest warrant for former President Donald Trump..That decision plus Iraq's growing alliance with Iran is fueling Republican opposition to the aid... Quote: "Congressional aid...it's harder to think of something stupider than continuing to fund Iraq while their government is supporting terrorist and indicting our former president..."
2-12-2023 Newshound Guru Pimpy The Republicans are putting the squeeze on Iraq for their relationship with Iran. We're talking about the current government that's in Iraq. I thought Al-Sudini was doing a great job. It looks like things are going good but my concern was he is buddy buddies with Maliki and Maliki is a puppet of Iran and that is starting to come out.
2-12-2023 Newshound Guru Walkingstick [via Frank26] Phase II of the CBI's monetary reform will reach the surface of the REER because that is the goal. Because that is the end.
2-12-2023 Newshound Guru Militia Man [Yesterday] We learned the governor of the central bank and others were actually there [Washington DC and New York] which we didn't really know...the full delegation showed up to the United States of America in respect to monetary reforms. That's ongoing as we speak...we do know there's other things happening in the background when it comes to banking.
2-12-2023 Newshound Guru Clare Article: "It continued for many hours.. The Iraqi Central Bank reveals the details of its meeting with the Federal Reserve and the US Treasury". Quote: "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed the bank's intention to launch the second package of facilities that would enhance the stability of the exchange rate."
2-12-2023 Intel Guru MarkZ [via PDK] In Iraq: “The Governor of the CBI met with Daniel Zemeko from JP Morgan on the sidelines during his visit to Washington“ JP Morgan is helping settle all their electronic processing for their banking sector…. There is no way these heavy hitting corporations are going into a country without a real exchange rate…there are billions of dollars of infrastructure and deals being made. They do not fit with a third world country currency.
2-12-2023 Newshound Guru Pimpy Community comment "They said there would be a second increase in the middle of this month...after that it will float." It's not that they're getting another increase by the middle of the month. That doesn't make any sense. What they're talking about is they're getting a second package. The Central Bank is...What those packages are are policies and procedures to be implemented to make sure that the banks are tied into the new Swift 2.0 system. That's all it is.
2-12-2023 Newshound Guru Walkingstick [via Frank26] These [CBI] meetings have determined when the new small category notes and the new exchange rate will come out together IMO, possibly, more than likely.
2-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-12-2023 Intel Guru Frank26 It's not going to be pomp and circumstances. It's not going to be on a China balloon. It's not going to be on the Goodyear blimp telling everybody, 'Hey the Iraqi dinar went up in value.' No, it's just going to be another day. It will be like nothing happened. It will just move with their trading with their new exchange rate. The celebration will be inside of Iraq. People will be going crazy. Outside it's such a small percentage of people that have Iraqi dinars.
2-12-2023 Guru Nader From The Mid East I hear a lot of people in the United States acting like they're happy the dollar is going down. You don't know when the dollar goes down how things are going to be expensive for you. It's going to be hard to live, to pay for things. Don't wish that. Don't wish the dollar go down internationally. It's bad for you. It's not a good thing for you. You should do something to stop the inflation, the printing of the dollar.
2-12-2023 Newshound Guru Sandy Ingram Article: "Republicans Put Iraq Aid on Chopping Block Over Country's Support for Iranian Terrorism" This is serious...troubling news...Republican leaders say they are done authorizing these growing aid packages following a decision last month by an Iraqi court to issue an arrest warrant for former President Donald Trump..That decision plus Iraq's growing alliance with Iran is fueling Republican opposition to the aid... Quote: "Congressional aid...it's harder to think of something stupider than continuing to fund Iraq while their government is supporting terrorist and indicting our former president..."
2-12-2023 Newshound Guru Pimpy The Republicans are putting the squeeze on Iraq for their relationship with Iran. We're talking about the current government that's in Iraq. I thought Al-Sudini was doing a great job. It looks like things are going good but my concern was he is buddy buddies with Maliki and Maliki is a puppet of Iran and that is starting to come out.
2-12-2023 Newshound Guru Walkingstick [via Frank26] Phase II of the CBI's monetary reform will reach the surface of the REER because that is the goal. Because that is the end.
2-12-2023 Newshound Guru Militia Man [Yesterday] We learned the governor of the central bank and others were actually there [Washington DC and New York] which we didn't really know...the full delegation showed up to the United States of America in respect to monetary reforms. That's ongoing as we speak...we do know there's other things happening in the background when it comes to banking.
2-12-2023 Newshound Guru Clare Article: "It continued for many hours.. The Iraqi Central Bank reveals the details of its meeting with the Federal Reserve and the US Treasury". Quote: "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed the bank's intention to launch the second package of facilities that would enhance the stability of the exchange rate."
2-12-2023 Intel Guru MarkZ [via PDK] In Iraq: “The Governor of the CBI met with Daniel Zemeko from JP Morgan on the sidelines during his visit to Washington“ JP Morgan is helping settle all their electronic processing for their banking sector…. There is no way these heavy hitting corporations are going into a country without a real exchange rate…there are billions of dollars of infrastructure and deals being made. They do not fit with a third world country currency.
2-11-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-11-2023 Dinar Guru Community Update We learned the sad news that Guru Fleming pased away this week. He's been a part of the dinar community a very long time and will be missed. Thoughts and prayers go out to his family and friends. The latest guru posts continue below.
2-11-2023 Newshound Guru Pimpy Everybody's like, 'Hey, Pimpy what do you think the rate's going to be...?' I was thinking they would go back to the original rate which was 1190 dinars for every dollar. I knew they were gonna go for increments. It makes sense. You don't want to do anything to damage your economy...How you protect your economy is to do these in small increments like I was talking about before in the past. That was my prediction that it would be around 1,000 or 1190 dinars for every dollar. I was slightly off but not by much.
2-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-11-2023 Newshound Guru Paulette What we all need to find is the best rate. For example, let's say bank A rate is 1.00 USD to 1 IQD and across the street, Bank B rate is 1.01 USD to 1 IQD. This wouldn't seem like much of a difference right? The reality is that it is $10,000 difference if exchanging 1 Million IQD. What about if Bank C is at 1.015 ($15,000 difference) or, Bank D is 1.02($20.000 difference) or even Bank E at 1.02550(25,500 difference)? To me, these are significant amounts...Shop Rate! [Post 2 of 2]
2-11-2023 Newshound Guru Paulette After listening to the last couple bank stories...it appears to me that some banks may actually charge a fee to purchase foreign currency in addition to any "spread"...Based on my personal experience as long as you are purchasing/selling a certain volume most banks do not charge a "FEE". At least those I deal with...Therefore, I don't think any of us will be charged a "Fee" at most banks as hopefully our volume will far exceed their requirements even if exchanging a relative minimal amount. [Post 1 of 2....stay tuned]
2-11-2023 Newshound Guru Henig Article: "Washington meetings. Meeting between the Governor of the Central Bank and the Director of the IMF" Quote: "the International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
2-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi Stock Exchange and the Erbil Stock Exchange as of the 28th of January are all linked and in position ready for the float. It's just not live yet. The Iraqi Stock Exchange and the Erbil Stock Exchange will be going live internationally the moment the new exchange rate is released. All the platforms are now linked.
2-11-2023 Intel Guru Frank26 It's going in the right direction. 1300 to 1? <psh> It ain't got nothing on 100 to 1. <psh> Got nothing on 1 to 1. And that is the goal because they need to reach the REER in an International float.
2-11-2023 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq meets with the Vice Chairman of the Board of Directors of JPMorgan Bank" Quote: "During the meeting, it was agreed that JP Morgan would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly...CBI is committed to applying international standards in anti-money laundering and countering the financing of terrorism (AML/CFT) measures, Al-Allaq said"
2-11-2023 Intel Guru MarkZ [via PDK] Still getting many, many rumors and confirmations of fluctuating bank screens. Banking contacts are on call this weekend but I don’t think they will be called in but I guess its still a possibility. Its still a “any moment “ thing imo….but, most of them are looking at early this week.
2-11-2023 Newshound Guru Pimpy There's a couple things people got to understand. You have the official exchange rate ...and the market exchange rate...We know recently the Iraqi dinar exchange rate changed to 1300...Right now the market is showing...1459 dinars for every dollar...Obviously you don't want that gap to get too big because then you start encouraging people to buy on the black market. If I take $100 to the bank and they officially do the exchange of 1300 dinars for every dollar verse me going to the...black market and I got somebody who's willing to give me 1700 dinars for every dollar obviously I'm gonna go where I could get the most money...[Note: You can always see the CBI official dinar rate in the left column of this page]
2-11-2023 Newshound Guru Militia Man It really looks like things we're seeing are unfolding quickly and intense...fast and furious. Meetings in Istanbul...those were successful. Done. Then they were going to come into New York and to Washington DC...from about the 7th up until the 10th they all showed up...that's really powerful that the delegation wasn't only the second string it was the first string. Everybody was there. They were talking about exchange rate issues.
2-11-2023 Newshound/Intel Guru Mnt Goat ...we don’t yet have the RV we want but remember the 2023 budget is not yet passed or opened and so there is still a very good chance that the CBI may still make this move to reinstate the dinar. It is still very possible and very likely.
2-11-2023 Dinar Guru Community Update We learned the sad news that Guru Fleming pased away this week. He's been a part of the dinar community a very long time and will be missed. Thoughts and prayers go out to his family and friends. The latest guru posts continue below.
2-11-2023 Newshound Guru Pimpy Everybody's like, 'Hey, Pimpy what do you think the rate's going to be...?' I was thinking they would go back to the original rate which was 1190 dinars for every dollar. I knew they were gonna go for increments. It makes sense. You don't want to do anything to damage your economy...How you protect your economy is to do these in small increments like I was talking about before in the past. That was my prediction that it would be around 1,000 or 1190 dinars for every dollar. I was slightly off but not by much.
2-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-11-2023 Newshound Guru Paulette What we all need to find is the best rate. For example, let's say bank A rate is 1.00 USD to 1 IQD and across the street, Bank B rate is 1.01 USD to 1 IQD. This wouldn't seem like much of a difference right? The reality is that it is $10,000 difference if exchanging 1 Million IQD. What about if Bank C is at 1.015 ($15,000 difference) or, Bank D is 1.02($20.000 difference) or even Bank E at 1.02550(25,500 difference)? To me, these are significant amounts...Shop Rate! [Post 2 of 2]
2-11-2023 Newshound Guru Paulette After listening to the last couple bank stories...it appears to me that some banks may actually charge a fee to purchase foreign currency in addition to any "spread"...Based on my personal experience as long as you are purchasing/selling a certain volume most banks do not charge a "FEE". At least those I deal with...Therefore, I don't think any of us will be charged a "Fee" at most banks as hopefully our volume will far exceed their requirements even if exchanging a relative minimal amount. [Post 1 of 2....stay tuned]
2-11-2023 Newshound Guru Henig Article: "Washington meetings. Meeting between the Governor of the Central Bank and the Director of the IMF" Quote: "the International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
2-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi Stock Exchange and the Erbil Stock Exchange as of the 28th of January are all linked and in position ready for the float. It's just not live yet. The Iraqi Stock Exchange and the Erbil Stock Exchange will be going live internationally the moment the new exchange rate is released. All the platforms are now linked.
2-11-2023 Intel Guru Frank26 It's going in the right direction. 1300 to 1? <psh> It ain't got nothing on 100 to 1. <psh> Got nothing on 1 to 1. And that is the goal because they need to reach the REER in an International float.
2-11-2023 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq meets with the Vice Chairman of the Board of Directors of JPMorgan Bank" Quote: "During the meeting, it was agreed that JP Morgan would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly...CBI is committed to applying international standards in anti-money laundering and countering the financing of terrorism (AML/CFT) measures, Al-Allaq said"
2-11-2023 Intel Guru MarkZ [via PDK] Still getting many, many rumors and confirmations of fluctuating bank screens. Banking contacts are on call this weekend but I don’t think they will be called in but I guess its still a possibility. Its still a “any moment “ thing imo….but, most of them are looking at early this week.
2-11-2023 Newshound Guru Pimpy There's a couple things people got to understand. You have the official exchange rate ...and the market exchange rate...We know recently the Iraqi dinar exchange rate changed to 1300...Right now the market is showing...1459 dinars for every dollar...Obviously you don't want that gap to get too big because then you start encouraging people to buy on the black market. If I take $100 to the bank and they officially do the exchange of 1300 dinars for every dollar verse me going to the...black market and I got somebody who's willing to give me 1700 dinars for every dollar obviously I'm gonna go where I could get the most money...[Note: You can always see the CBI official dinar rate in the left column of this page]
2-11-2023 Newshound Guru Militia Man It really looks like things we're seeing are unfolding quickly and intense...fast and furious. Meetings in Istanbul...those were successful. Done. Then they were going to come into New York and to Washington DC...from about the 7th up until the 10th they all showed up...that's really powerful that the delegation wasn't only the second string it was the first string. Everybody was there. They were talking about exchange rate issues.
2-11-2023 Newshound/Intel Guru Mnt Goat ...we don’t yet have the RV we want but remember the 2023 budget is not yet passed or opened and so there is still a very good chance that the CBI may still make this move to reinstate the dinar. It is still very possible and very likely.
2-10-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-10-2023 Intel Guru Frank26 [Bank Story] Name Protected: I just called the currency exchange in Tampa Florida...I said do you verify currency in house or do you have to send it out. She said no, we verify everything in house...I said supposed I have 100,000 dinars and I want to exchange them? She said that would be $3. I said would you give me a check or would you send it to my bank? She said no we'll give you $100,000 cash minus $3 to transfer it...then I asked her what if I brought in 1,000,000. She said well we would change you $5. I didn't ask her any more after that because I know they're not going to give me a million dollars in cash.
2-10-2023 Intel Guru MarkZ [via PDK] This doesn’t mean we can go out and exchange them…the markets are showing extreme volatility and they are trying to predict what that next step is. We are hearing a lot of fantastic chatter in Iraq that they are expecting another move…and also hearing from more and more sources to expect a substantial move…and the big one we have been waiting for. I am getting this from many sources.
[post 2 of 2]
2-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-10-2023 Intel Guru MarkZ [via PDK] Article: “With more than 150 thousand dinars, Dollar exchange rates rise in Iraq” They did not drop it far enough guys. Currency sites around the globe started showing some interesting things throughout the day today. XE is still showing the official rate…Forex is still showing the official rate…but what we started seeing in the rest of them was very interesting. $1 US dollar equals 737 dinar. Which would be a very substantial change. And that is just one of many sites…most are showing from 1 USD = 680 dinar up to 1070…. [post 1 of 2....stay tuned]
2-10-2023 Newshound Guru Militia Man They put out rules three weeks ago...they need to go to a dinar for public and commercial use...to replace the dollar, you're going have to pick up the dinar and that's where they're forcing it to. Everybody on the street needs to now buy cars, groceries, commercial products, everything in dinars. That's where the rub coming in. It's a supply and demand issue...they have a liquidity issue.
2-10-2023 Intel Guru Bruce [via WiserNow] Guys, we're very close...it appears that we're gonna see some things happen pretty soon - and I hope it's before...the 15th...if this intel holds up...that’s how close we are right now ... Let's see what happens.
2-10-2023 Guru Nader From The Mid East It's not easy for the government and for the CBI to come out and say, 'Okay, let's go back where we were before.' In one hour, one day, one year. It's not easy guys. It's a lot of things, a lot of process they have to go through. It's a lot of work. These guys work day and night 24 hours. This guys try to fight strong people like United States, Russia, Germany, France, Switzerland, Italy. You say these guys pouring in, pouring in, it's only for their interests. It's not for the interest of Iraq. Nobody's for the interest of Iraq. You know better than that. Just be patient...
2-10-2023 Newshound Guru Pimpy Looks like Iraq is rounding up some of those criminals that have been stealing some money but there's a bigger problem going on with Iraq. Sure they re-valued their currency and increased the exchange rate but that's a temporary fix. There are guidelines the United States put on Iraq and if they don't follow it it's going to get worse.
2-10-2023 Intel Guru MarkZ [via PDK] Question: IYO when do you see the next adjustment of the IQD happen? MarkZ: I would guess sometime within the next week? We are still seeing fluctuations in their markets…floating in the local markets…I believe they will have to make another adjustment soon.
2-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate is now going in the correct direction...due to an internal float of the Iraqi dinar that is occurring inside of Iraq right now preparing itself to reach 1 to 1. We see the evidence of the next step. This is called phase two of the CBI's monetary reform...
2-10-2023 Newshound Guru Pimpy Article: "Blinken: We are working to strengthen Iraq's economy and reintegrate it into the region" As investors in the Iraqi dinar you want to hear this kind of news. The more they can strengthen the economy and make it more secure and the less they rely on oil sales the better it is for the Iraqi dinar. It becomes a stronger currency and you can have a much better exchange rate.
2-10-2023 Newshound Guru Clare Secretary Antony Blinken Tweet "I co-chaired with Iraqi Deputy Prime Minister @Fuad_Hussein1 the first ever economic-focused Higher Coordinating Committee of the U.S.-Iraq Strategic Framework Agreement. We will continue to work with the @IraqiGovt to strengthen Iraq’s economy and energy independence."
2-10-2023 Intel Guru Frank26 Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The Iraqi delegation, headed by Hussein, arrives in Washington, with the dollar at the forefront of its talks" NOTICE ANOTHER DC TRIP ON THE SAME SUBJECT... THE EXCHANGE RATE.
2-10-2023 Intel Guru MarkZ [via PDK] What I am hearing from the banking side is that rates are starting to stabilize on their screens into what the rates should be. I will try to get them to share those rates unless they say “Heck no Mark”. I was told the constant changes they had been seeing on the screens is the new system...balancing things out to where they should be in correlation to other currencies.
2-10-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA" Quote: "Iraq has come a long way in combating the financing of terrorism and money laundering." ...Iraq was removed from the “most dangerous countries” area and moved from the gray area to white...this is fantastic news... So, now that they just told us the level of corruption is acceptable...and that they are in compliance with all international standards in this regard, when will they reinstate the dinar? ...I am telling you get ready…it is not long before IQD is back on FOREX and trading…then we go to the bank.
2-10-2023 Intel Guru Frank26 [Bank Story] Name Protected: I just called the currency exchange in Tampa Florida...I said do you verify currency in house or do you have to send it out. She said no, we verify everything in house...I said supposed I have 100,000 dinars and I want to exchange them? She said that would be $3. I said would you give me a check or would you send it to my bank? She said no we'll give you $100,000 cash minus $3 to transfer it...then I asked her what if I brought in 1,000,000. She said well we would change you $5. I didn't ask her any more after that because I know they're not going to give me a million dollars in cash.
2-10-2023 Intel Guru MarkZ [via PDK] This doesn’t mean we can go out and exchange them…the markets are showing extreme volatility and they are trying to predict what that next step is. We are hearing a lot of fantastic chatter in Iraq that they are expecting another move…and also hearing from more and more sources to expect a substantial move…and the big one we have been waiting for. I am getting this from many sources.
[post 2 of 2]
2-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-10-2023 Intel Guru MarkZ [via PDK] Article: “With more than 150 thousand dinars, Dollar exchange rates rise in Iraq” They did not drop it far enough guys. Currency sites around the globe started showing some interesting things throughout the day today. XE is still showing the official rate…Forex is still showing the official rate…but what we started seeing in the rest of them was very interesting. $1 US dollar equals 737 dinar. Which would be a very substantial change. And that is just one of many sites…most are showing from 1 USD = 680 dinar up to 1070…. [post 1 of 2....stay tuned]
2-10-2023 Newshound Guru Militia Man They put out rules three weeks ago...they need to go to a dinar for public and commercial use...to replace the dollar, you're going have to pick up the dinar and that's where they're forcing it to. Everybody on the street needs to now buy cars, groceries, commercial products, everything in dinars. That's where the rub coming in. It's a supply and demand issue...they have a liquidity issue.
2-10-2023 Intel Guru Bruce [via WiserNow] Guys, we're very close...it appears that we're gonna see some things happen pretty soon - and I hope it's before...the 15th...if this intel holds up...that’s how close we are right now ... Let's see what happens.
2-10-2023 Guru Nader From The Mid East It's not easy for the government and for the CBI to come out and say, 'Okay, let's go back where we were before.' In one hour, one day, one year. It's not easy guys. It's a lot of things, a lot of process they have to go through. It's a lot of work. These guys work day and night 24 hours. This guys try to fight strong people like United States, Russia, Germany, France, Switzerland, Italy. You say these guys pouring in, pouring in, it's only for their interests. It's not for the interest of Iraq. Nobody's for the interest of Iraq. You know better than that. Just be patient...
2-10-2023 Newshound Guru Pimpy Looks like Iraq is rounding up some of those criminals that have been stealing some money but there's a bigger problem going on with Iraq. Sure they re-valued their currency and increased the exchange rate but that's a temporary fix. There are guidelines the United States put on Iraq and if they don't follow it it's going to get worse.
2-10-2023 Intel Guru MarkZ [via PDK] Question: IYO when do you see the next adjustment of the IQD happen? MarkZ: I would guess sometime within the next week? We are still seeing fluctuations in their markets…floating in the local markets…I believe they will have to make another adjustment soon.
2-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate is now going in the correct direction...due to an internal float of the Iraqi dinar that is occurring inside of Iraq right now preparing itself to reach 1 to 1. We see the evidence of the next step. This is called phase two of the CBI's monetary reform...
2-10-2023 Newshound Guru Pimpy Article: "Blinken: We are working to strengthen Iraq's economy and reintegrate it into the region" As investors in the Iraqi dinar you want to hear this kind of news. The more they can strengthen the economy and make it more secure and the less they rely on oil sales the better it is for the Iraqi dinar. It becomes a stronger currency and you can have a much better exchange rate.
2-10-2023 Newshound Guru Clare Secretary Antony Blinken Tweet "I co-chaired with Iraqi Deputy Prime Minister @Fuad_Hussein1 the first ever economic-focused Higher Coordinating Committee of the U.S.-Iraq Strategic Framework Agreement. We will continue to work with the @IraqiGovt to strengthen Iraq’s economy and energy independence."
2-10-2023 Intel Guru Frank26 Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The Iraqi delegation, headed by Hussein, arrives in Washington, with the dollar at the forefront of its talks" NOTICE ANOTHER DC TRIP ON THE SAME SUBJECT... THE EXCHANGE RATE.
2-10-2023 Intel Guru MarkZ [via PDK] What I am hearing from the banking side is that rates are starting to stabilize on their screens into what the rates should be. I will try to get them to share those rates unless they say “Heck no Mark”. I was told the constant changes they had been seeing on the screens is the new system...balancing things out to where they should be in correlation to other currencies.
2-10-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA" Quote: "Iraq has come a long way in combating the financing of terrorism and money laundering." ...Iraq was removed from the “most dangerous countries” area and moved from the gray area to white...this is fantastic news... So, now that they just told us the level of corruption is acceptable...and that they are in compliance with all international standards in this regard, when will they reinstate the dinar? ...I am telling you get ready…it is not long before IQD is back on FOREX and trading…then we go to the bank.
2-9-2023 ***Dinar Guru CBI News Flash *** The Central Bank of Iraq has officially increased the dinar exchange rate to the US dollar. It is now 1310 to 1 USD down from 1460. Remember, going down in this instance is good for dinar holders. This is a 10% increase in value. Will the dinar rate continue to float upwards? Stay tuned as the guru chime in on this very important development.
NOTE: If you're on a FOREX site and the rate is still showing 1450 then your Forex site has a delay. The CBI updated the official dinar rate to 1310 yesterday morning. You can always see the official CBI dinar rate in the left column of this page....The latest guru posts will continue below...
NOTE: If you're on a FOREX site and the rate is still showing 1450 then your Forex site has a delay. The CBI updated the official dinar rate to 1310 yesterday morning. You can always see the official CBI dinar rate in the left column of this page....The latest guru posts will continue below...
2-9-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-9-2023 Intel Guru MarkZ [via PDK] Still hearing fantastic things... “Exceeded 150K. Dollar prices rise in Baghdad and Kurdistan with lockdown.” Rates are going the wrong direction and I will tell you why. This is good for us as the market didn’t consider the move to 1300 to be enough. The goal in that move was to get all of the folks in country to turn in their dollars for dinar before they did their RV. If my sources are correct…in the next few days the rate go to 1000 or 1100. Then after they have made another mad dash to exchange centers and banks…before they pull the trigger...
2-9-2023 Intel Guru Frank26 They are not done yet. 'They' being the CBI. 'They' being the prime minister. With what? The monetary reform and economic reform...What is the goal of the CBI with the exchange rate? The goal is to be at least 1 to 1.
2-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-9-2023 Newshound Guru Pimpy Anybody talking about a rate over $.01 cent is full of crap. That's not gonna happen. I would love for it to happen...It's just not gonna happen. When they say they're going to restore it to its original value they're talking about 1190 dinars. If it was meant to go back to the $3.22 rate...they would have said something along the lines of we're going to go ahead and restore the pre-invasion rate of $3.22. You would hear something in the wording saying 'pre-invasion', 'prior to Kuwait ', stuff like that. They're not saying that. They're just saying previous...expect the exchange rate to go back to the 1190 dinars for every dollar. Pray that they re-establish the $3.22 rate.
2-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 FRANK: They made it official rate of 1300 to 1. WALKINGSTICK: They're not done yet. IOO they will hit 1000 to 1 rather shortly...the goal is to get to 1 to 1 and then float...FRANK: From 1750 to 1460 to 1300 now. In the next step you're saying it'll be 1000 to 1? WALKINGSTICK: Yes. IOO they will now go to the next level. They will hit 1000 to 1 rather shortly and then at that moment they will be able to easily drop the 3 zeros.
2-9-2023 Guru Nader From The Mid East Some people believe it's [The dinar] a scam. Some people believe, 'Oh, it's Iraq , it's a terrorist country. It's killer country.' But Iraq was good before and it's gonna be good later...Thank God for what's happening and things gonna happen better. I mean, what's coming it's better. It cannot be worse. We were already in the bottom of the barrel. Now we just have to climb out of the barrel. Once we're out the barrel even an inch we're good...
2-9-2023 Newshound Guru Militia Man 1300 is halfway between 1460 and 1166. What good does that do? How is that alleviating any pain? Inflation has risen since the 1460s so they're not getting anything. It's not any good for them. That "second package" [coming from the CBI] is a key component ...they know 1460 to 1182/reverting to 1300 is still not doing anybody any favors...
2-9-2023 Intel Guru MarkZ [via PDK] Let’s look at the meetings over the last couple of weeks…France, Germany, the UK, Turkey, China, with the new Iraqi administration. Why would they be going that many places, consulting with so many countries…if all they were doing was changing the rate a couple measly percents on a next to nothing rate? There has to be something more to all of this.
2-9-2023 Newshound Guru Pimpy This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue. They have to do whatever it takes to have these restrictions lifted on their currency auctions and their ability to get hard currency...
2-9-2023 Newshound Guru Henig Article: "Iraqi delegation arrives in Washington to discuss government measures on the dollar" Quote: "Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation"
2-9-2023 Intel Guru Frank26 There's no doubt that the IQD is in position to float. There's no doubt! There's no questioning.
2-9-2023 Intel Guru MarkZ [via PDK] “Deputy Prime Minister Dr. Faud Hussien arrives in Washington DC yesterday late afternoon” Heading a high level delegation. The big thing here is this is the meeting we have been waiting for. We are hoping this is the kick off to a massive rate change. Not just what we are watching now.
2-9-2023 Newshound Guru Pimpy Article: "Governor of the Central Bank: We affirm that they have proceeded with the government to enhance confidence in the national currency" That's the other issue with Iraq. They prefer the US dollar per the dinar...You got to get people wanting to use their local currency more than the US dollar. And you do that by increasing the exchange rate a little more at a time, giving them more purchasing power and devaluing the dollar within Iraq...I think if everything goes smoothly we're most likely will see another small change in the exchange rate...
2-9-2023 Newshound Guru Clare Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding the exchange rate of the dollar,"
2-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate of the Iraqi dinar is not done yet. It has a mission to leave the borders of Iraq. 1750 in the streets, to around 1500 to 1460 with the CBI and then to yesterday 1300 to 1 as the official rate. This is what we taught you, the gradual change in the exchange rate...suffice it to say the exchange rate of the Iraqi dinar is going in the right direction and they're not done yet...
2-9-2023 Intel Guru MarkZ [via PDK] Article: “Member of parliamentary energy (semi formal) agreement on the oil and gas law” They are moving quickly toward it. This is one of the things we have been waiting for. A big piece of the final puzzle.
2-9-2023 Intel Guru MarkZ [via PDK] Still hearing fantastic things... “Exceeded 150K. Dollar prices rise in Baghdad and Kurdistan with lockdown.” Rates are going the wrong direction and I will tell you why. This is good for us as the market didn’t consider the move to 1300 to be enough. The goal in that move was to get all of the folks in country to turn in their dollars for dinar before they did their RV. If my sources are correct…in the next few days the rate go to 1000 or 1100. Then after they have made another mad dash to exchange centers and banks…before they pull the trigger...
2-9-2023 Intel Guru Frank26 They are not done yet. 'They' being the CBI. 'They' being the prime minister. With what? The monetary reform and economic reform...What is the goal of the CBI with the exchange rate? The goal is to be at least 1 to 1.
2-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-9-2023 Newshound Guru Pimpy Anybody talking about a rate over $.01 cent is full of crap. That's not gonna happen. I would love for it to happen...It's just not gonna happen. When they say they're going to restore it to its original value they're talking about 1190 dinars. If it was meant to go back to the $3.22 rate...they would have said something along the lines of we're going to go ahead and restore the pre-invasion rate of $3.22. You would hear something in the wording saying 'pre-invasion', 'prior to Kuwait ', stuff like that. They're not saying that. They're just saying previous...expect the exchange rate to go back to the 1190 dinars for every dollar. Pray that they re-establish the $3.22 rate.
2-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 FRANK: They made it official rate of 1300 to 1. WALKINGSTICK: They're not done yet. IOO they will hit 1000 to 1 rather shortly...the goal is to get to 1 to 1 and then float...FRANK: From 1750 to 1460 to 1300 now. In the next step you're saying it'll be 1000 to 1? WALKINGSTICK: Yes. IOO they will now go to the next level. They will hit 1000 to 1 rather shortly and then at that moment they will be able to easily drop the 3 zeros.
2-9-2023 Guru Nader From The Mid East Some people believe it's [The dinar] a scam. Some people believe, 'Oh, it's Iraq , it's a terrorist country. It's killer country.' But Iraq was good before and it's gonna be good later...Thank God for what's happening and things gonna happen better. I mean, what's coming it's better. It cannot be worse. We were already in the bottom of the barrel. Now we just have to climb out of the barrel. Once we're out the barrel even an inch we're good...
2-9-2023 Newshound Guru Militia Man 1300 is halfway between 1460 and 1166. What good does that do? How is that alleviating any pain? Inflation has risen since the 1460s so they're not getting anything. It's not any good for them. That "second package" [coming from the CBI] is a key component ...they know 1460 to 1182/reverting to 1300 is still not doing anybody any favors...
2-9-2023 Intel Guru MarkZ [via PDK] Let’s look at the meetings over the last couple of weeks…France, Germany, the UK, Turkey, China, with the new Iraqi administration. Why would they be going that many places, consulting with so many countries…if all they were doing was changing the rate a couple measly percents on a next to nothing rate? There has to be something more to all of this.
2-9-2023 Newshound Guru Pimpy This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue. They have to do whatever it takes to have these restrictions lifted on their currency auctions and their ability to get hard currency...
2-9-2023 Newshound Guru Henig Article: "Iraqi delegation arrives in Washington to discuss government measures on the dollar" Quote: "Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation"
2-9-2023 Intel Guru Frank26 There's no doubt that the IQD is in position to float. There's no doubt! There's no questioning.
2-9-2023 Intel Guru MarkZ [via PDK] “Deputy Prime Minister Dr. Faud Hussien arrives in Washington DC yesterday late afternoon” Heading a high level delegation. The big thing here is this is the meeting we have been waiting for. We are hoping this is the kick off to a massive rate change. Not just what we are watching now.
2-9-2023 Newshound Guru Pimpy Article: "Governor of the Central Bank: We affirm that they have proceeded with the government to enhance confidence in the national currency" That's the other issue with Iraq. They prefer the US dollar per the dinar...You got to get people wanting to use their local currency more than the US dollar. And you do that by increasing the exchange rate a little more at a time, giving them more purchasing power and devaluing the dollar within Iraq...I think if everything goes smoothly we're most likely will see another small change in the exchange rate...
2-9-2023 Newshound Guru Clare Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding the exchange rate of the dollar,"
2-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate of the Iraqi dinar is not done yet. It has a mission to leave the borders of Iraq. 1750 in the streets, to around 1500 to 1460 with the CBI and then to yesterday 1300 to 1 as the official rate. This is what we taught you, the gradual change in the exchange rate...suffice it to say the exchange rate of the Iraqi dinar is going in the right direction and they're not done yet...
2-9-2023 Intel Guru MarkZ [via PDK] Article: “Member of parliamentary energy (semi formal) agreement on the oil and gas law” They are moving quickly toward it. This is one of the things we have been waiting for. A big piece of the final puzzle.
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2-8-2023 Newshound Guru Clare Article: "Iraqi Finance requires government banks to adopt the new exchange rate" Quote: "Today, Wednesday, the Ministry of Finance directed the two governmental banks, Al-Rafidain and Al-Rashid, to adopt the new exchange rate for the dollar against the Iraqi dinar"
2-8-2023 Intel Guru MarkZ [via PDK] What I am hearing from my sources that the rate will jump down do 1100 or lower. In the next couple days to get the people to finish turning in their US dollars so the working class will have dinar in hand and then I hear we get a real whammy of a rate change. That is what I am waiting for...Finally we are seeing big changes... Bankers are still very excited. They are still convinced it will be in the next few days.
2-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI says they are committed to a rate. And the dollar crisis was temporary and the dinar is in recovery.
2-8-2023 Newshound Guru Pimpy You're looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people. That's more purchasing power...we'll see if the Iraqi people actually feel the increase once the prices start to change...that increase could be so small that it doesn't do a whole lot to the markets...I do think this is their first increase this year...I'm anticipating a second increase this year. The second increase is really going to depend on how the economy is going...
2-8-2023 Intel Guru Bruce [via WiserNow] Remember the international rate that you may see is not necessarily what we’re going to have on the front screens at the banks, we ‘ve already seen some of those rates and much higher and are going to be very good for us ok don’t worry about that...I’m excited Let's, get this thing done. Let's have a great weekend.
2-8-2023 Intel Guru MarkZ [via PDK] I am still hearing though from banking contacts... now it could happen between yesterday when they announced the rate is 1300 and mid February...The banking side is more confident than I have ever seen them that we are at the end of this.
2-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] From 1750 in the streets to [1300] to 1160...to 1 to 1. This is the goal in order to float and this is what you're seeing the evidence of it right in front of your face. It's going in the right direction.
2-8-2023 Newshound Guru Militia Man Today has been a big day...They are telling us they are going to do certain things and this 1300 was one of the first stages. The second stage is...they're going to re-prepare the 2023 budget. In this context the Central Bank governor has stated that's what's going to happen...
2-8-2023 Intel Guru Frank26 The education to the citizens is becoming a little bit more in-depth. They have to know the next step is the float. IMO that's what the CBI meetings [In Washington/US Treasury] were doing - preparing the United States for the Iraqi dinar to float.
2-8-2023 Intel Guru MarkZ Question "So what is your plan if Nader is right and it’s a slow grind to get the dinar to a 1 to 1 rate? At what point will you go and trade in your currency? Will you exchange a few or deposit it in a multicurrency account?" I am told when it’s a substantial change your banks will offer you a multi currency account when you come in to exchange it. You will be able to hold it as dinar in this account and your account balance will continue to float as the rate goes up. Hope that makes sense. [Reference Guru Nader's Post below]
2-8-2023 Newshound Guru Pimpy The Iraq dinar exchange rate has changed. It went from 1450 dinars for every dollar to 1300 dinars for every dollar. You're looking at about a 9.6% increase in value...Looking very good. There is baby step one...just like I said, they're gonna go up in increments - small amounts a little at a time.
2-8-2023 Newshound Guru Clare "Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick" Quote "...the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their approval of the decision to reduce the exchange rate of the dollar."
2-8-2023 Newshound/Intel Guru Frank Media Tweet "Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value" JUST WAIT UNTIL IT FLOATS AT 1 TO 1... THIS IS A TEST RUN.
2-8-2023 Newshound Guru Pimpy This is great news. We love to see the Iraqi dinar exchange rate go in this direction, the right direction. The Iraqi dinar has increased in value against the US dollar. What else is all right? Me predicting that the increase wouldn't be above $.01. As a matter of fact I said that the increase will most likely go back to the original rate prior to the devaluation. I thought for sure they were going to go to 1190 dinars for every dollar but instead they went to 1300 dinars for every dollar. It's still a step in the right direction.
2-8-2023 Newshound Guru Sandy Ingram Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on the fat lady is NOT singing...the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction tightening control on International dollar transactions. Yes, this is not what we were looking for...but this is excellent news for the Iraqi people. We knew there would be a rate change and we would not be happy with it. We also knew that we may need to wait for higher rate exchange to the US dollar...
2-8-2023 Guru Nader From The Mid East I told you [yesterday] morning before everybody, before it comes out even in the news. I told you the dollar was at 1300 [See Guru Nader's Post 2-8-2023 below]...it's not going to be go to sleep and I wake up and I'm millionaire and the RV happen...it's gonna float...It's gonna be 1 to 1 by July...but for now it has to float. It has to show its muscles...for the next couple of weeks gonna get better. Watch it floating...
2-8-2023 Intel Guru yada Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the contracts from other countries come to Iraq, they will pay in dinar, creating more of a demand hence causing the market value to go up.
2-8-2023 Intel Guru MarkZ [via PDK] “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value.“ These people know something. They know the mechanism has started… All over Iraq they are trying to dump their US dollars and get dinars back in their hands. This is huge news.
2-8-2023 Newshound Guru Clare Article: "Iraqi Finance requires government banks to adopt the new exchange rate" Quote: "Today, Wednesday, the Ministry of Finance directed the two governmental banks, Al-Rafidain and Al-Rashid, to adopt the new exchange rate for the dollar against the Iraqi dinar"
2-8-2023 Intel Guru MarkZ [via PDK] What I am hearing from my sources that the rate will jump down do 1100 or lower. In the next couple days to get the people to finish turning in their US dollars so the working class will have dinar in hand and then I hear we get a real whammy of a rate change. That is what I am waiting for...Finally we are seeing big changes... Bankers are still very excited. They are still convinced it will be in the next few days.
2-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI says they are committed to a rate. And the dollar crisis was temporary and the dinar is in recovery.
2-8-2023 Newshound Guru Pimpy You're looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people. That's more purchasing power...we'll see if the Iraqi people actually feel the increase once the prices start to change...that increase could be so small that it doesn't do a whole lot to the markets...I do think this is their first increase this year...I'm anticipating a second increase this year. The second increase is really going to depend on how the economy is going...
2-8-2023 Intel Guru Bruce [via WiserNow] Remember the international rate that you may see is not necessarily what we’re going to have on the front screens at the banks, we ‘ve already seen some of those rates and much higher and are going to be very good for us ok don’t worry about that...I’m excited Let's, get this thing done. Let's have a great weekend.
2-8-2023 Intel Guru MarkZ [via PDK] I am still hearing though from banking contacts... now it could happen between yesterday when they announced the rate is 1300 and mid February...The banking side is more confident than I have ever seen them that we are at the end of this.
2-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] From 1750 in the streets to [1300] to 1160...to 1 to 1. This is the goal in order to float and this is what you're seeing the evidence of it right in front of your face. It's going in the right direction.
2-8-2023 Newshound Guru Militia Man Today has been a big day...They are telling us they are going to do certain things and this 1300 was one of the first stages. The second stage is...they're going to re-prepare the 2023 budget. In this context the Central Bank governor has stated that's what's going to happen...
2-8-2023 Intel Guru Frank26 The education to the citizens is becoming a little bit more in-depth. They have to know the next step is the float. IMO that's what the CBI meetings [In Washington/US Treasury] were doing - preparing the United States for the Iraqi dinar to float.
2-8-2023 Intel Guru MarkZ Question "So what is your plan if Nader is right and it’s a slow grind to get the dinar to a 1 to 1 rate? At what point will you go and trade in your currency? Will you exchange a few or deposit it in a multicurrency account?" I am told when it’s a substantial change your banks will offer you a multi currency account when you come in to exchange it. You will be able to hold it as dinar in this account and your account balance will continue to float as the rate goes up. Hope that makes sense. [Reference Guru Nader's Post below]
2-8-2023 Newshound Guru Pimpy The Iraq dinar exchange rate has changed. It went from 1450 dinars for every dollar to 1300 dinars for every dollar. You're looking at about a 9.6% increase in value...Looking very good. There is baby step one...just like I said, they're gonna go up in increments - small amounts a little at a time.
2-8-2023 Newshound Guru Clare "Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick" Quote "...the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their approval of the decision to reduce the exchange rate of the dollar."
2-8-2023 Newshound/Intel Guru Frank Media Tweet "Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value" JUST WAIT UNTIL IT FLOATS AT 1 TO 1... THIS IS A TEST RUN.
2-8-2023 Newshound Guru Pimpy This is great news. We love to see the Iraqi dinar exchange rate go in this direction, the right direction. The Iraqi dinar has increased in value against the US dollar. What else is all right? Me predicting that the increase wouldn't be above $.01. As a matter of fact I said that the increase will most likely go back to the original rate prior to the devaluation. I thought for sure they were going to go to 1190 dinars for every dollar but instead they went to 1300 dinars for every dollar. It's still a step in the right direction.
2-8-2023 Newshound Guru Sandy Ingram Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on the fat lady is NOT singing...the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction tightening control on International dollar transactions. Yes, this is not what we were looking for...but this is excellent news for the Iraqi people. We knew there would be a rate change and we would not be happy with it. We also knew that we may need to wait for higher rate exchange to the US dollar...
2-8-2023 Guru Nader From The Mid East I told you [yesterday] morning before everybody, before it comes out even in the news. I told you the dollar was at 1300 [See Guru Nader's Post 2-8-2023 below]...it's not going to be go to sleep and I wake up and I'm millionaire and the RV happen...it's gonna float...It's gonna be 1 to 1 by July...but for now it has to float. It has to show its muscles...for the next couple of weeks gonna get better. Watch it floating...
2-8-2023 Intel Guru yada Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the contracts from other countries come to Iraq, they will pay in dinar, creating more of a demand hence causing the market value to go up.
2-8-2023 Intel Guru MarkZ [via PDK] “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value.“ These people know something. They know the mechanism has started… All over Iraq they are trying to dump their US dollars and get dinars back in their hands. This is huge news.
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2-7-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq begins selling the dollar at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate." IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1...
2-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-7-2023 Newshound Guru Clare Article: "The Central Bank of Iraq begins selling dollars at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, 2023/2/8, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate. The exchange rates will be as follows: 1300 dinars per dollar purchase price of the dollar from the Ministry of Finance. 1310 dinars per dollar The selling price of the dollar to banks through the electronic platform. 1320 dinars per dollar selling price of dollars from banks and non-bank financial institutions to the ultimate beneficiary."
2-7-2023 Intel Guru MarkZ [via PDK] From Rueters: “Iraq revalues currency to 1300 IQD per 1 USD. – Cabinet statement” On Bloomberg: “Iraq revalues currency weeks after replacing central Bank head” They are showing clearly that they have the ability to change it at anytime at will. I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move. Treat this as rumor…The thing you treat as fact is the process is well underway.
2-7-2023 Newshound Guru Pimpy We know people were getting ready to protest but they were promised an exchange rate change and things seemed to have slowed down just a little bit...
2-7-2023 Guru Nader From The Mid East Not a country in the world is going to be more than $5. More than $4...$28, $11, $16 when I see that I just laugh. I don't even want to comment about that. If we get to 1 to 1 we're lucky...$16, $28, $11, even $7, $8, $6 that's too much. When people say 1 to 1 that's reasonable. When they say 2 to 1 that's reasonable. When they say $3-$3.50 to 1 that's reasonable. But when they go up above $3.50 that's a big big dream. You'll never see $28. That's crazy.
2-7-2023 Intel Guru Frank26 Articles - What is the theme? What is the mantra? What repeats itself over and over and over again? The Iraqi dinar exchange rate. What has changed is they are saying there will be a rise. There will be a change. They use verbs, adjectives, everything that indicates it's not going to be left at the program rate...
2-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's no RV...there is an accepted rate...there is no need for an RV...because they have agreed upon an exchange rate to reach via a float. When they did this they factored in the unknown: 1. Inflation fluctuation...they are going to make adjustments if there's an inflation fluctuation. It's called a float. 2. Oil sale prices mainly for the HCL. 3. Resources of Iraq - tapped and untapped... that's important because that way you can determine where you're going to get the REER and the float. 4. The flow the IQD in a float will be within +/- 3%...the currency will be asset backed by the CBI for the first time.
2-7-2023 Newshound Guru Pimpy The hot topic of the year appears like is the dollar exchange rate. Once again I hear all kinds of flying rumors and I tell you guys just be careful. Stay grounded and don't get suckered into anything. It's great to hear all the excitement that Iraq's talking about changing the exchange rate but if you're expecting some huge ridiculous exchange rate you're going to be upset...
2-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is going to meet with the United States Federal Reserve on February 7th about the exchange rate. All day on television that's all they been talking about, how they have things in place. They also told us that they're going to arrest smugglers. FRANK: As soon as they are done in Washington DC and return back home things will start to show up.
2-7-2023 Newshound Guru Clare Article: "The Council of Ministers approves the amendment of the exchange rate of the dollar, equivalent to 1,300 dinars" Quote: "the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars to one dollar."
2-7-2023 Intel Guru MarkZ [via PDK] We hear from local markets that the dinar is floating from 17 something down to 15 something…and this week the government says its going down to 13 something. It continues to move in the proper direction now... the government said they are counting on a peg later on this week of around 1300 which is temporary and allows it to find its value...Over the course of this week it has improved its value about 20% but, it’s not what we are looking for... We are still getting great chatter from the banking side of it…And the chatter is still great from Iraq…so not much has changed. There was zero bad news overnight.
2-7-2023 Newshound Guru Pimpy Article: "Advisor to the Prime Minister: The dollar exchange rate will be reduced according to the proposal of the central bank" When they say 'the dollar exchange rate will be reduced' that's the right direction. You want the dollar to be reduced, not the dinar. Nobody, I mean nobody knows what that exchange rate is going to be...
2-7-2023 Guru Nader From The Mid East This morning the parliament, I don't know what the parliament have to do with the dinar, they're saying they're gonna put it up to 1300. That's pretty good. It's not bad. It's like 15% down [Down is good for dinar holders]. I hope it continues like that, goes down. I think the float starts already but still not strong enough...you got the news, the dollar it's gonna be...by the end of the week maybe 1300 then we see from there. It's not bad from 1460 to 1300. I hope from 1300 to 1000 and then a little less and less and that's how we're gonna go...I think it's gonna be good. I think we're ready.
2-7-2023 Newshound Guru Breitling [via BobTheTaxMan] We received information from CBI of their proposing a change to the rates to Parliament today, the 6th of February. This information is confirmed as it came from the Central Bank of Iraq Media Bureau. We do not have any information pertaining to any specific rate or date, but this information may be an indicator of forward movement on our investment.
2-7-2023 Newshound/Intel Guru RVAlready [Word on the street in Iraq is that 1 IQD will be $3.00 USD, time will tell if this is going to be true.] $3 to $4 seems prevalent in many discussions. A bit too soon to know. We will know shortly enough.
2-7-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq begins selling the dollar at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate." IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1...
2-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-7-2023 Newshound Guru Clare Article: "The Central Bank of Iraq begins selling dollars at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, 2023/2/8, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate. The exchange rates will be as follows: 1300 dinars per dollar purchase price of the dollar from the Ministry of Finance. 1310 dinars per dollar The selling price of the dollar to banks through the electronic platform. 1320 dinars per dollar selling price of dollars from banks and non-bank financial institutions to the ultimate beneficiary."
2-7-2023 Intel Guru MarkZ [via PDK] From Rueters: “Iraq revalues currency to 1300 IQD per 1 USD. – Cabinet statement” On Bloomberg: “Iraq revalues currency weeks after replacing central Bank head” They are showing clearly that they have the ability to change it at anytime at will. I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move. Treat this as rumor…The thing you treat as fact is the process is well underway.
2-7-2023 Newshound Guru Pimpy We know people were getting ready to protest but they were promised an exchange rate change and things seemed to have slowed down just a little bit...
2-7-2023 Guru Nader From The Mid East Not a country in the world is going to be more than $5. More than $4...$28, $11, $16 when I see that I just laugh. I don't even want to comment about that. If we get to 1 to 1 we're lucky...$16, $28, $11, even $7, $8, $6 that's too much. When people say 1 to 1 that's reasonable. When they say 2 to 1 that's reasonable. When they say $3-$3.50 to 1 that's reasonable. But when they go up above $3.50 that's a big big dream. You'll never see $28. That's crazy.
2-7-2023 Intel Guru Frank26 Articles - What is the theme? What is the mantra? What repeats itself over and over and over again? The Iraqi dinar exchange rate. What has changed is they are saying there will be a rise. There will be a change. They use verbs, adjectives, everything that indicates it's not going to be left at the program rate...
2-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's no RV...there is an accepted rate...there is no need for an RV...because they have agreed upon an exchange rate to reach via a float. When they did this they factored in the unknown: 1. Inflation fluctuation...they are going to make adjustments if there's an inflation fluctuation. It's called a float. 2. Oil sale prices mainly for the HCL. 3. Resources of Iraq - tapped and untapped... that's important because that way you can determine where you're going to get the REER and the float. 4. The flow the IQD in a float will be within +/- 3%...the currency will be asset backed by the CBI for the first time.
2-7-2023 Newshound Guru Pimpy The hot topic of the year appears like is the dollar exchange rate. Once again I hear all kinds of flying rumors and I tell you guys just be careful. Stay grounded and don't get suckered into anything. It's great to hear all the excitement that Iraq's talking about changing the exchange rate but if you're expecting some huge ridiculous exchange rate you're going to be upset...
2-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is going to meet with the United States Federal Reserve on February 7th about the exchange rate. All day on television that's all they been talking about, how they have things in place. They also told us that they're going to arrest smugglers. FRANK: As soon as they are done in Washington DC and return back home things will start to show up.
2-7-2023 Newshound Guru Clare Article: "The Council of Ministers approves the amendment of the exchange rate of the dollar, equivalent to 1,300 dinars" Quote: "the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars to one dollar."
2-7-2023 Intel Guru MarkZ [via PDK] We hear from local markets that the dinar is floating from 17 something down to 15 something…and this week the government says its going down to 13 something. It continues to move in the proper direction now... the government said they are counting on a peg later on this week of around 1300 which is temporary and allows it to find its value...Over the course of this week it has improved its value about 20% but, it’s not what we are looking for... We are still getting great chatter from the banking side of it…And the chatter is still great from Iraq…so not much has changed. There was zero bad news overnight.
2-7-2023 Newshound Guru Pimpy Article: "Advisor to the Prime Minister: The dollar exchange rate will be reduced according to the proposal of the central bank" When they say 'the dollar exchange rate will be reduced' that's the right direction. You want the dollar to be reduced, not the dinar. Nobody, I mean nobody knows what that exchange rate is going to be...
2-7-2023 Guru Nader From The Mid East This morning the parliament, I don't know what the parliament have to do with the dinar, they're saying they're gonna put it up to 1300. That's pretty good. It's not bad. It's like 15% down [Down is good for dinar holders]. I hope it continues like that, goes down. I think the float starts already but still not strong enough...you got the news, the dollar it's gonna be...by the end of the week maybe 1300 then we see from there. It's not bad from 1460 to 1300. I hope from 1300 to 1000 and then a little less and less and that's how we're gonna go...I think it's gonna be good. I think we're ready.
2-7-2023 Newshound Guru Breitling [via BobTheTaxMan] We received information from CBI of their proposing a change to the rates to Parliament today, the 6th of February. This information is confirmed as it came from the Central Bank of Iraq Media Bureau. We do not have any information pertaining to any specific rate or date, but this information may be an indicator of forward movement on our investment.
2-7-2023 Newshound/Intel Guru RVAlready [Word on the street in Iraq is that 1 IQD will be $3.00 USD, time will tell if this is going to be true.] $3 to $4 seems prevalent in many discussions. A bit too soon to know. We will know shortly enough.
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2-6-2023 Intel Guru Frank26 The world is pouring into Iraq...not at a program rate. Because they know IMO what the monetary reform is about to do. They are covered under Article VIII...they're going to invest in Iraq. That's what these countries and companies are doing...This is an exodus towards Iraq! For a program rate?!? This is a busting down the door to get into Iraq! ...They all know what's going on...Iraq is about to be so powerful.
2-6-2023 Newshound Guru Pimpy Between this new government and a new central bank governor if they choose so they can move the exchange rate to $3.22. But just because they do it doesn't mean the rest of the world is going to accept it. You gotta remember that. You've going to have to be able to justify that exchange change. As a matter of fact you could be in trouble by jumping it up that high. You can get sanctions against Iraq. Is that going to happen? No, because it's not going to go to $3.22 or $3.48 or whatever it is you guys keep telling me because so-and-so said so.
2-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-6-2023 Intel Guru MarkZ [via PDK] All of my banking sources are absolutely convinced that it will happen overnight tonight and into tomorrow. It could be accurate but it could be a little premature. But we are certainly close. My banking side contacts are convinced this is it…we will see if they are right.
2-6-2023 Guru Nader From The Mid East We take 1 step forward 10 steps back. I don't F$$%ing know what's going on with Iran...Of course the United States is going to get involved in it. They don't want the dinar stronger than the dollar. They don't want anybody to be stronger than the dollar. They want to keep it like that. They want to keep control over it. That's their job to.
2-6-2023 Newshound Guru Clare Article: "ZainCash, Western Union to Enable Int'l Money Transfers" Quote: "ZainCash Iraq has announced a partnership with Western Union to enable international money transfers through the ZainCash mobile application...this allows customers in Iraq to easily and reliably send and receive money to more than 200 countries and territories. The app can be used by individuals, small and medium businesses (SMEs), as well as public sector entities and non-governmental organizations."
2-6-2023 Newshound Guru Paulette Comment: "Need a rate before the budget" They have a rate - 1460. They need a new rate if they "reinstitute" the NSCN's which is what Iraq can control internally. The IMF controls the rate at RI...And, IF they can RI, I just think they need to walk before they can run.
2-6-2023 Newshound Guru Pimpy I have a friend who works inside the defense department. Him and I talk a lot about geopolitics. He's usually over there in the Middle East...He recently retired...We had a chance to talk about Iraq and there was some information he shot past me that I thought was interesting so I'll share with you...we did talk about the dinar...In his view the United States is putting the squeeze on Iraq in regards to money laundering...
2-6-2023 Newshound Guru Militia Man On the 3rd the Central Bank of Iraq has an announcement on their website and they specifically talk about...politics. It's not common...they mentioned there was talk between a phone call of the Prime Minister Al-Sadani and President Biden in respect to coordination. For them to say those types of things means there's been some sort of an agreement. And that is effetely in our view and many people's view a green light for the monetary/economic reforms to continue...
2-6-2023 Intel Guru MarkZ [via PDK] We have news screaming at us…it’s almost minute by minute right now. I am getting great news from all my sources…The chatter is off the hook in Iraq. They have stabilized their currency according to International news …and Epoch times... Now that the yo-yo has started we know how close we are. Member statement: My sister’s ex-husband lives in Iraq...He told her the rate has been changed and was $3.00 and possibly going up to $3.50. MarkZ: Yes that is the rumor on the streets of Iraq. Nobody can exchange yet for that so everybody stay calm. It’s still necessary for them to play yo-yo for security reasons.
2-6-2023 Intel Guru Frank26 I hope they don't release the budget. I know the citizens want it. But the exchange rate cannot be released until the very last nanosecond. I don't know when it is. That's why I say I really don't want the budget because it will come out at a program rate. You can put lipstick on a pig but it's still going to be ugly. And so is the program rate for the IQD...
2-6-2023 Newshound Guru Pimpy ...The Prime Minister is telling everybody you'll see real stability in the Iraqi dinar within the next couple of weeks...It's positive. Al-Sudani is saying this is a for sure thing so whatever it is that's being discussed right now [with the United States] he feels reassured the exchange rate is going to get closer to the official exchange rate or it might be better than the official exchange rate allowing them to maybe revalue their currency back to its original 1190 dinar or possibly a little bit more.
2-6-2023 Guru Nader From The Mid East They did two good things. The budget has been presented yesterday. Tomorrow should be on the table...by the end of the week should present to the government. The second thing the CBI have finished one file on reducing the dollar exchange rate. I hope they did good. I hope they're not talking about 1460 or 1120...we'll see tomorrow what's going on...it's a question of time now. Be patient. We're almost there...One day it's going to hit. That's it.
2-6-2023 Newshound Guru Sandy Ingram Iraqis protested Friday in Baghdad demanding the government take action to stop the economy crisis...after the Iraqi dinar plunged again...to around 1750 Iraqi dinar to $1 at street exchangers in some parts of the country on Thursday compared to the official rate of 1460 dinar for $1 US. On Friday...most exchange stores in Baghdad were closed while in the northern city of Erbil the dollar was trading at around 1710 Iraqi dinars to $1. At the same time we are getting the news..from ABC and countless other news stations that the meeting between the US Treasury Department and the head of the Central Bank of Iraq the crisis has been averted.
2-6-2023 Intel Guru yada ...the effort to take the dollar out of Iraq serves several purposes. It cuts Iran off from getting dollars and it restores an economy in Iraq that will be international. Doubt very much this will be pulled back because all markets in other countries have prepped for acceptance of the dinar. Plus, the countries who did currency swaps will have a stronger currency in their central banks.
2-6-2023 Intel Guru Frank26 The world is pouring into Iraq...not at a program rate. Because they know IMO what the monetary reform is about to do. They are covered under Article VIII...they're going to invest in Iraq. That's what these countries and companies are doing...This is an exodus towards Iraq! For a program rate?!? This is a busting down the door to get into Iraq! ...They all know what's going on...Iraq is about to be so powerful.
2-6-2023 Newshound Guru Pimpy Between this new government and a new central bank governor if they choose so they can move the exchange rate to $3.22. But just because they do it doesn't mean the rest of the world is going to accept it. You gotta remember that. You've going to have to be able to justify that exchange change. As a matter of fact you could be in trouble by jumping it up that high. You can get sanctions against Iraq. Is that going to happen? No, because it's not going to go to $3.22 or $3.48 or whatever it is you guys keep telling me because so-and-so said so.
2-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-6-2023 Intel Guru MarkZ [via PDK] All of my banking sources are absolutely convinced that it will happen overnight tonight and into tomorrow. It could be accurate but it could be a little premature. But we are certainly close. My banking side contacts are convinced this is it…we will see if they are right.
2-6-2023 Guru Nader From The Mid East We take 1 step forward 10 steps back. I don't F$$%ing know what's going on with Iran...Of course the United States is going to get involved in it. They don't want the dinar stronger than the dollar. They don't want anybody to be stronger than the dollar. They want to keep it like that. They want to keep control over it. That's their job to.
2-6-2023 Newshound Guru Clare Article: "ZainCash, Western Union to Enable Int'l Money Transfers" Quote: "ZainCash Iraq has announced a partnership with Western Union to enable international money transfers through the ZainCash mobile application...this allows customers in Iraq to easily and reliably send and receive money to more than 200 countries and territories. The app can be used by individuals, small and medium businesses (SMEs), as well as public sector entities and non-governmental organizations."
2-6-2023 Newshound Guru Paulette Comment: "Need a rate before the budget" They have a rate - 1460. They need a new rate if they "reinstitute" the NSCN's which is what Iraq can control internally. The IMF controls the rate at RI...And, IF they can RI, I just think they need to walk before they can run.
2-6-2023 Newshound Guru Pimpy I have a friend who works inside the defense department. Him and I talk a lot about geopolitics. He's usually over there in the Middle East...He recently retired...We had a chance to talk about Iraq and there was some information he shot past me that I thought was interesting so I'll share with you...we did talk about the dinar...In his view the United States is putting the squeeze on Iraq in regards to money laundering...
2-6-2023 Newshound Guru Militia Man On the 3rd the Central Bank of Iraq has an announcement on their website and they specifically talk about...politics. It's not common...they mentioned there was talk between a phone call of the Prime Minister Al-Sadani and President Biden in respect to coordination. For them to say those types of things means there's been some sort of an agreement. And that is effetely in our view and many people's view a green light for the monetary/economic reforms to continue...
2-6-2023 Intel Guru MarkZ [via PDK] We have news screaming at us…it’s almost minute by minute right now. I am getting great news from all my sources…The chatter is off the hook in Iraq. They have stabilized their currency according to International news …and Epoch times... Now that the yo-yo has started we know how close we are. Member statement: My sister’s ex-husband lives in Iraq...He told her the rate has been changed and was $3.00 and possibly going up to $3.50. MarkZ: Yes that is the rumor on the streets of Iraq. Nobody can exchange yet for that so everybody stay calm. It’s still necessary for them to play yo-yo for security reasons.
2-6-2023 Intel Guru Frank26 I hope they don't release the budget. I know the citizens want it. But the exchange rate cannot be released until the very last nanosecond. I don't know when it is. That's why I say I really don't want the budget because it will come out at a program rate. You can put lipstick on a pig but it's still going to be ugly. And so is the program rate for the IQD...
2-6-2023 Newshound Guru Pimpy ...The Prime Minister is telling everybody you'll see real stability in the Iraqi dinar within the next couple of weeks...It's positive. Al-Sudani is saying this is a for sure thing so whatever it is that's being discussed right now [with the United States] he feels reassured the exchange rate is going to get closer to the official exchange rate or it might be better than the official exchange rate allowing them to maybe revalue their currency back to its original 1190 dinar or possibly a little bit more.
2-6-2023 Guru Nader From The Mid East They did two good things. The budget has been presented yesterday. Tomorrow should be on the table...by the end of the week should present to the government. The second thing the CBI have finished one file on reducing the dollar exchange rate. I hope they did good. I hope they're not talking about 1460 or 1120...we'll see tomorrow what's going on...it's a question of time now. Be patient. We're almost there...One day it's going to hit. That's it.
2-6-2023 Newshound Guru Sandy Ingram Iraqis protested Friday in Baghdad demanding the government take action to stop the economy crisis...after the Iraqi dinar plunged again...to around 1750 Iraqi dinar to $1 at street exchangers in some parts of the country on Thursday compared to the official rate of 1460 dinar for $1 US. On Friday...most exchange stores in Baghdad were closed while in the northern city of Erbil the dollar was trading at around 1710 Iraqi dinars to $1. At the same time we are getting the news..from ABC and countless other news stations that the meeting between the US Treasury Department and the head of the Central Bank of Iraq the crisis has been averted.
2-6-2023 Intel Guru yada ...the effort to take the dollar out of Iraq serves several purposes. It cuts Iran off from getting dollars and it restores an economy in Iraq that will be international. Doubt very much this will be pulled back because all markets in other countries have prepped for acceptance of the dinar. Plus, the countries who did currency swaps will have a stronger currency in their central banks.
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2-5-2023 Newshound Guru Pimpy When Sudani said they were going to restore the original rate, what they're talking about is making sure the exchange rate is closer to the 1450 not $3.23...No they are not going to change the exchange rate to $3.22. I'm sorry to always be the bad guy...
2-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high. Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase. But this has to be done first. FRANK: For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for. And it is very close IMO...
2-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-5-2023 Guest Guru Deepwoodz 1460 is not an international rate...The dollar is on the way out which means the dinar is on the way in. Not the same ole 000 notes because that’s going backwards...They already know how to use a 1, 5, 10, 20, 50, and especially a 100. All they gotta do is change the dollar to a dinar and bada bing bada boom. From there it’s a float up to the glory days...I wouldn’t be surprised to see a 3+ start to that float. If Sudani really said original price, maybe he meant before America arrived in force. According to google timeline, on Dec. 5, 2003, Iraqs rate was 1 dinar = 3.35 usd. I think we can agree it’s ok to run from there!
2-5-2023 Guru Nader From The Mid East It is true the real value of the Iraqi dinar is not 1460. It's not 1160. It's $3.28...That's the true value. For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.
2-5-2023 Newshound Guru Pimpy We'll know more after Iraq comes here with a delegation and meets with the U.S. I'm sure Al-Sudani is saying, 'Look, we want to increase the value of our dinar against the U.S. dollar.' You heard what he said, if they do increase the value of the Iraq dinar that would give confidence to their local currency and prevent people from wanting the U.S. dollars more than Iraqi dinars. It closes the loop on the black market...
2-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The number 1 reason we have never had a reinstatement is because of Iran smuggling and counterfeiting. They've been stealing, lying and cheating, killing and faking invoices. Endless lies to Iraq.
2-5-2023 Newshound Guru Militia Man The Swift system they've decided to go with has created an environment where the dollar itself in the country has dried up...the demand for the dollar rose...that's creating a volatility in the marketplace...the official rate hasn't changed but the street rate is somewhere between 1700 and getting worse. They need to alleviate that and fix it as quickly as possible.
2-5-2023 Newshound Guru Sandy Ingram [Question] "Can Iraq's ISX force an RV? The answer is NO. But here's what it can do...the ISX is financially and administratively independent from the Iraqi government including the Minister of Finance...NASDAQ incorporated and the Iraqi Stock Exchange have signed an agreement to extend the market technology relationship ... NASDAQ will continue providing the ISX with Digital information to be up to date on global investments.
2-5-2023 Newshound Guru Pimpy Al-Sudani is only making a statement that's true - The dinar is stronger than what we're seeing. If Iraq wants the dinar to be as strong as or stronger than the U.S. dollar they're going to have to have other forms of generating money - from tax payers, private sector, public sector, infrastructure - all important key elements of making a stronger currency, in addition to a stable government... currency, job growth, you name it.
2-5-2023 Intel Guru Frank26 Article: "Sudanese advisor: Within two weeks, the exchange rate will stabilize at its normal rate". 1460 IS NOT A NORMAL RATE, IT IS A PUNISHED SANCTIONED RATE... THE GOAL IS 1 TO 1 AND THEN TO FLOAT INTERNATIONALLY.
2-5-2023 Guru Nader From The Mid East Sudani come out talking about the dinar, talking strongly, Something that made me very happy. He said the dinar is stronger than dollar and it's going to be stronger than the dollar. He didn't say how much. He said it's a question of time. Let's wait and see what he does.
2-5-2023 Intel Guru MarkZ [via PDK] I am still hearing above $3 for the rate compared to the USD. There is a whole heck of a lot of yo-yoing going on. They are throwing all kinds of rates at us. They do this on purpose. Its all part of the smoke and mirrors that go along with a major change in currency values. I think they are hiding this one right out in the open right now. The rate and how many days off we are is the question now.
2-5-2023 Newshound Guru Pimpy When Sudani said they were going to restore the original rate, what they're talking about is making sure the exchange rate is closer to the 1450 not $3.23...No they are not going to change the exchange rate to $3.22. I'm sorry to always be the bad guy...
2-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high. Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase. But this has to be done first. FRANK: For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for. And it is very close IMO...
2-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-5-2023 Guest Guru Deepwoodz 1460 is not an international rate...The dollar is on the way out which means the dinar is on the way in. Not the same ole 000 notes because that’s going backwards...They already know how to use a 1, 5, 10, 20, 50, and especially a 100. All they gotta do is change the dollar to a dinar and bada bing bada boom. From there it’s a float up to the glory days...I wouldn’t be surprised to see a 3+ start to that float. If Sudani really said original price, maybe he meant before America arrived in force. According to google timeline, on Dec. 5, 2003, Iraqs rate was 1 dinar = 3.35 usd. I think we can agree it’s ok to run from there!
2-5-2023 Guru Nader From The Mid East It is true the real value of the Iraqi dinar is not 1460. It's not 1160. It's $3.28...That's the true value. For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.
2-5-2023 Newshound Guru Pimpy We'll know more after Iraq comes here with a delegation and meets with the U.S. I'm sure Al-Sudani is saying, 'Look, we want to increase the value of our dinar against the U.S. dollar.' You heard what he said, if they do increase the value of the Iraq dinar that would give confidence to their local currency and prevent people from wanting the U.S. dollars more than Iraqi dinars. It closes the loop on the black market...
2-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The number 1 reason we have never had a reinstatement is because of Iran smuggling and counterfeiting. They've been stealing, lying and cheating, killing and faking invoices. Endless lies to Iraq.
2-5-2023 Newshound Guru Militia Man The Swift system they've decided to go with has created an environment where the dollar itself in the country has dried up...the demand for the dollar rose...that's creating a volatility in the marketplace...the official rate hasn't changed but the street rate is somewhere between 1700 and getting worse. They need to alleviate that and fix it as quickly as possible.
2-5-2023 Newshound Guru Sandy Ingram [Question] "Can Iraq's ISX force an RV? The answer is NO. But here's what it can do...the ISX is financially and administratively independent from the Iraqi government including the Minister of Finance...NASDAQ incorporated and the Iraqi Stock Exchange have signed an agreement to extend the market technology relationship ... NASDAQ will continue providing the ISX with Digital information to be up to date on global investments.
2-5-2023 Newshound Guru Pimpy Al-Sudani is only making a statement that's true - The dinar is stronger than what we're seeing. If Iraq wants the dinar to be as strong as or stronger than the U.S. dollar they're going to have to have other forms of generating money - from tax payers, private sector, public sector, infrastructure - all important key elements of making a stronger currency, in addition to a stable government... currency, job growth, you name it.
2-5-2023 Intel Guru Frank26 Article: "Sudanese advisor: Within two weeks, the exchange rate will stabilize at its normal rate". 1460 IS NOT A NORMAL RATE, IT IS A PUNISHED SANCTIONED RATE... THE GOAL IS 1 TO 1 AND THEN TO FLOAT INTERNATIONALLY.
2-5-2023 Guru Nader From The Mid East Sudani come out talking about the dinar, talking strongly, Something that made me very happy. He said the dinar is stronger than dollar and it's going to be stronger than the dollar. He didn't say how much. He said it's a question of time. Let's wait and see what he does.
2-5-2023 Intel Guru MarkZ [via PDK] I am still hearing above $3 for the rate compared to the USD. There is a whole heck of a lot of yo-yoing going on. They are throwing all kinds of rates at us. They do this on purpose. Its all part of the smoke and mirrors that go along with a major change in currency values. I think they are hiding this one right out in the open right now. The rate and how many days off we are is the question now.
2-4-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-4-2023 Newshound Guru Pimpy There's a lot of double speak still out there right now. You got people talking about back screens and their contacts are telling them [XYZ}- I'm going to tell you right now it's not going to happen anytime soon. As a matter of fact they're now talking about going in the opposite direction as far as the exchange rate.
2-4-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My bank friend says with Alaq now in place we are to look for big news on things he is doing within the week or so. He knows what he is doing. FRANK: That is absolutely true...IMO he is already educated by his boss. His boss is educated by the CBI and the CBI was educated by the IMF and the US Treasury...
2-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-4-2023 Newshound Guru Henig Article: "Victory: One reason behind the dollar's rise... and Iraq is still in the seventh item" Quote "Washington has control over the dollar, and Iraq is still suffering from its survival under Chapter VII, so the US federal imposed conditions on the state in order to stop smuggling by adopting a specific platform for the foreign movement of the dollar."
2-4-2023 Newshound Guru Kaperoni Guru Walkingstick says Iraq is making a switch from a program rate to an international free market for the Iraqi dinar...the term 'program rate'...was a specific agreement between the IMF and Iraq for compliance reason. The exchange rate is the exchange rate! ...If and when the dinar does go up in value it will be based on strategic monetary policy and economic growth. There are no shortcuts.
2-4-2023 Guru Nader From The Mid East For now they have to get out of all of the corruption they have. But they're going to get it. The Untied States is helping Iraq to arrest corrupted people. Give it some time...things are doing a lot better in Iraq. I promise you things are doing a lot better in Iraq.
2-4-2023 Newshound Guru Pimpy I'm not sure where these people are getting all these rumors. We know that Al-Sudani said he wants to restore the Iraqi dinar to its original value but he never said what that original value is. That could mean he just wants to close the gap between the market and the paid amount restoring the Iraqi dinar value closer to 1450 where it was. Or is he talking about going back to the previous exchange rate of 1190 dinars for every dollar...people running around talking about Al-Sudani said he's going to restore the rate at $3.48 or $3.22 or anything else is fake...
2-4-2023 Newshound Guru Militia Man 1460, that's the official rate. That hasn't changed. But since they've gone on to this electronic platform the exchange rate on the street has gone from 1460 to subsequently 15,16, 17. Now it's pushing 1800. That's creating a very big problem because the citizens are having to absorb that effect...
2-4-2023 Intel Guru MarkZ [via PDK] I am getting exceptional news out of Iraq this weekend. If I had one or two more verifications in this vetting process I probably would already have come on showing you the golden shirt …I feel we are that close. The news has been phenomenal out of Iraq and the region…
2-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We hear major changes are coming to all government banks. This announced by new CBI governor Alaq. FRANK: ...They brought back Alaq because he knows what Dr. Shabibi wanted with the monetary reform. Alaq is the perfect man to finish the reform because he started it with Dr. Shabibi.
2-4-2023 Newshound Guru Pimpy Article: "Dollar closes below 172,000 dinars on the Baghdad Stock Exchange" It's going in the wrong damn direction.
2-4-2023 Newshound/Intel Guru Mnt Goat Article Quote: "Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was “stronger” than the dollar, while urging citizens not to acquire dollars." we hear it now from the new prime minister himself. There is no more hiding it that they are artificially suppressing the rate of the Iraqi dinar using the peg of the dollar and currency auctions to do it...
2-4-2023 Intel Guru RayRen98 We [were] THINKING "NUTTIN" WOULD HAPPEN OVER THE WEEKEND...NOW BANKSTERS ARE TALKING OTHERWISE??? TIME WILL TELL. BANK PERSONNEL "CLAIM" THAT THE RATE WILL BE HIGHER THAN THE $3-PLUS THEY SEE ON THE SCREEN...
2-4-2023 Newshound Guru Pimpy There's a lot of double speak still out there right now. You got people talking about back screens and their contacts are telling them [XYZ}- I'm going to tell you right now it's not going to happen anytime soon. As a matter of fact they're now talking about going in the opposite direction as far as the exchange rate.
2-4-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My bank friend says with Alaq now in place we are to look for big news on things he is doing within the week or so. He knows what he is doing. FRANK: That is absolutely true...IMO he is already educated by his boss. His boss is educated by the CBI and the CBI was educated by the IMF and the US Treasury...
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2-4-2023 Newshound Guru Henig Article: "Victory: One reason behind the dollar's rise... and Iraq is still in the seventh item" Quote "Washington has control over the dollar, and Iraq is still suffering from its survival under Chapter VII, so the US federal imposed conditions on the state in order to stop smuggling by adopting a specific platform for the foreign movement of the dollar."
2-4-2023 Newshound Guru Kaperoni Guru Walkingstick says Iraq is making a switch from a program rate to an international free market for the Iraqi dinar...the term 'program rate'...was a specific agreement between the IMF and Iraq for compliance reason. The exchange rate is the exchange rate! ...If and when the dinar does go up in value it will be based on strategic monetary policy and economic growth. There are no shortcuts.
2-4-2023 Guru Nader From The Mid East For now they have to get out of all of the corruption they have. But they're going to get it. The Untied States is helping Iraq to arrest corrupted people. Give it some time...things are doing a lot better in Iraq. I promise you things are doing a lot better in Iraq.
2-4-2023 Newshound Guru Pimpy I'm not sure where these people are getting all these rumors. We know that Al-Sudani said he wants to restore the Iraqi dinar to its original value but he never said what that original value is. That could mean he just wants to close the gap between the market and the paid amount restoring the Iraqi dinar value closer to 1450 where it was. Or is he talking about going back to the previous exchange rate of 1190 dinars for every dollar...people running around talking about Al-Sudani said he's going to restore the rate at $3.48 or $3.22 or anything else is fake...
2-4-2023 Newshound Guru Militia Man 1460, that's the official rate. That hasn't changed. But since they've gone on to this electronic platform the exchange rate on the street has gone from 1460 to subsequently 15,16, 17. Now it's pushing 1800. That's creating a very big problem because the citizens are having to absorb that effect...
2-4-2023 Intel Guru MarkZ [via PDK] I am getting exceptional news out of Iraq this weekend. If I had one or two more verifications in this vetting process I probably would already have come on showing you the golden shirt …I feel we are that close. The news has been phenomenal out of Iraq and the region…
2-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We hear major changes are coming to all government banks. This announced by new CBI governor Alaq. FRANK: ...They brought back Alaq because he knows what Dr. Shabibi wanted with the monetary reform. Alaq is the perfect man to finish the reform because he started it with Dr. Shabibi.
2-4-2023 Newshound Guru Pimpy Article: "Dollar closes below 172,000 dinars on the Baghdad Stock Exchange" It's going in the wrong damn direction.
2-4-2023 Newshound/Intel Guru Mnt Goat Article Quote: "Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was “stronger” than the dollar, while urging citizens not to acquire dollars." we hear it now from the new prime minister himself. There is no more hiding it that they are artificially suppressing the rate of the Iraqi dinar using the peg of the dollar and currency auctions to do it...
2-4-2023 Intel Guru RayRen98 We [were] THINKING "NUTTIN" WOULD HAPPEN OVER THE WEEKEND...NOW BANKSTERS ARE TALKING OTHERWISE??? TIME WILL TELL. BANK PERSONNEL "CLAIM" THAT THE RATE WILL BE HIGHER THAN THE $3-PLUS THEY SEE ON THE SCREEN...
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2-3-2023 Newshound Guru Militia Man They did have meetings today in Turkey. They're having meetings tomorrow in Turkey. The United States, Central Bank governors in Turkey. Those things are for a reason. We don't know what all they are but we do know that they're after one thing. They're after getting this country [Iraq] into the international market with Article VIII compliant currency...It's obvious we're at a threshold. I'm looking forward to seeing it happen...
2-3-2023 Newshound Guru Pimpy ...More and more intensely now they're starting to come out with Sudani said that their Iraqi rate is going to be $3.48. Now it's $3.90. Wait it moved up to $4.17. Isn't it amazing how it continues to just spread and nobody has any receipts whatsoever. Where are they getting this information from? There's not even new articles out there...Where do you guys see where Al-Sudani has said he's going to change the exchange rate to over $3? I don't see it anywhere.
2-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...with the shortness of dinars on the street and the cost of the dollar exchange rate, now would be the ideal to pull this rate change off. That is his opinion. The timing is just set. No better time.
2-3-2023 Newshound Guru Henig Article: "Solutions are exhausted.. A specialist identifies the last option to solve the dollar crisis in Iraq" Quote: "the only solution to reduce the exchange rate of the dollar in the local market is to reduce the exchange rate by the central bank, as this is the only solution to solve the current crisis."
2-3-2023 Intel Guru Bruce [via WiserNow] We know that Iraq did their thing with their reinstatement of the Iraqi dinar yesterday, officially. And then today, it revalued and it's got a rate on the screen and it's going up. We heard some outrageous contract rates for the dinar which is a real thing. Oh, and there's no contract for dong – just so you know - but there is on the dinar - and is higher than we had been told it would be... So where we stand right now - is things are so quiet...we are just at a point where they do not want us to know the timing of when this is going to be released... I'm still excited...I'm hoping we get some action here the next couple days... I have to believe we're very, very close.
2-3-2023 Newshound Guru Kaperoni Guru Frank26 says the reason why they haven't reinstated the Iraqi dinar is because of Iran....Well, partially, Iran is affecting the auctions by smuggling dollars. But for the dinar to ever go up in value it will be based on the economic success of Iraq's economy.
2-3-2023 Newshound Guru Pimpy Sudani is out there putting out the message the Iraqi dinar is a stronger currency, it needs to be restored. They need to find a way to devalue the dollar against the Iraqi dinar. But they're not putting out any indication at all what that rate would be. He's just saying that it's a stronger currency. Does he mean stronger as in its recent performance? ...Or is he trying to say it's a more valuable currency than the US dollar. Doesn't say. Don't get over excited. Stay grounded.
2-3-2023 Intel Guru Frank26 The CBI... they are working with Sudani and the United States on the exchange rate. That's why we haven't seen the budget yet because everything waits for the exchange rate.
2-3-2023 Guru Nader From The Mid East When [Sudani] says, 'I'm gonna change the dinar rate...it doesn't mean it's gonna go 2 to 1 or 1 to 1. It can be back to [the year] 2020. I hope they put it back in [the year] 2003...we deserve that I think...
2-3-2023 Newshound Guru Militia Man A lot of things have happened in the last few days. You have the Central Bank talking, You have the government talking, you have the United States Federal Reserve Bank talking. You have meetings going on in Washington ...You have meetings that are said to be done today in Turkey and tomorrow in Turkey. You have demonstrations that may be taking place in the sense of 'monetary reform, why hasn't it happened yet?' Some of the articles we're seeing are phenomenal. We have Al-Sudani coming out and talk to the citizens telling everybody 'Hold on a minute. Don't do anything. Your dinars are going to be effetely stronger than the dollar'...
2-3-2023 Newshound Guru Pimpy In my PMs, DMs, MMs and everything else everybody's sending me the link to Nader's video [See Guru Nader's 2-1-2023 post below]...What gets me, people catch every other word. They pick and choose what they want to hear out of that video...Is the Iraqi dinar more valuable than the US dollar? No it's not. It's definitely IMO a lot stronger than the value that it's at now...I don't think the dinar should be as weak as they're showing right now. Just a shout out to [Guru] Nader. I love when he brings these kinds of things to our attention because it gives us an idea of what's going on but don't misunderstand what you're hearing...
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying he wants to strengthen our currency. He came out early this morning and he said this is his objective. This is on top of what he is saying yesterday about returning the rate to what it should be. This is encouraging.
2-3-2023 Intel Guru MarkZ [via PDK] We are still really close. Nothing has changed on this front at all. We are all just trying to stay grounded in these last yo-yo days... it is interesting we are getting that yo-yo on the banking screens. Most of my sources believe it’s locked in at a $3.90 street rate. ...the chatter remains good...We are seeing so many sources on the ground in Iraq giving us supporting evidence and news on the impending change...The weekend really does look good.
2-3-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued): [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: I asked one more question about the timing of events. I asked about the possibility of moving to reinstate the dinar on FOREX. Answer: I was told this was in the planning stages and we could see it very possibly this year and sooner than later. I did not press the point to ask for specific timeframe as I probably would not get it anyhow.
2-3-2023 Newshound Guru Militia Man They did have meetings today in Turkey. They're having meetings tomorrow in Turkey. The United States, Central Bank governors in Turkey. Those things are for a reason. We don't know what all they are but we do know that they're after one thing. They're after getting this country [Iraq] into the international market with Article VIII compliant currency...It's obvious we're at a threshold. I'm looking forward to seeing it happen...
2-3-2023 Newshound Guru Pimpy ...More and more intensely now they're starting to come out with Sudani said that their Iraqi rate is going to be $3.48. Now it's $3.90. Wait it moved up to $4.17. Isn't it amazing how it continues to just spread and nobody has any receipts whatsoever. Where are they getting this information from? There's not even new articles out there...Where do you guys see where Al-Sudani has said he's going to change the exchange rate to over $3? I don't see it anywhere.
2-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...with the shortness of dinars on the street and the cost of the dollar exchange rate, now would be the ideal to pull this rate change off. That is his opinion. The timing is just set. No better time.
2-3-2023 Newshound Guru Henig Article: "Solutions are exhausted.. A specialist identifies the last option to solve the dollar crisis in Iraq" Quote: "the only solution to reduce the exchange rate of the dollar in the local market is to reduce the exchange rate by the central bank, as this is the only solution to solve the current crisis."
2-3-2023 Intel Guru Bruce [via WiserNow] We know that Iraq did their thing with their reinstatement of the Iraqi dinar yesterday, officially. And then today, it revalued and it's got a rate on the screen and it's going up. We heard some outrageous contract rates for the dinar which is a real thing. Oh, and there's no contract for dong – just so you know - but there is on the dinar - and is higher than we had been told it would be... So where we stand right now - is things are so quiet...we are just at a point where they do not want us to know the timing of when this is going to be released... I'm still excited...I'm hoping we get some action here the next couple days... I have to believe we're very, very close.
2-3-2023 Newshound Guru Kaperoni Guru Frank26 says the reason why they haven't reinstated the Iraqi dinar is because of Iran....Well, partially, Iran is affecting the auctions by smuggling dollars. But for the dinar to ever go up in value it will be based on the economic success of Iraq's economy.
2-3-2023 Newshound Guru Pimpy Sudani is out there putting out the message the Iraqi dinar is a stronger currency, it needs to be restored. They need to find a way to devalue the dollar against the Iraqi dinar. But they're not putting out any indication at all what that rate would be. He's just saying that it's a stronger currency. Does he mean stronger as in its recent performance? ...Or is he trying to say it's a more valuable currency than the US dollar. Doesn't say. Don't get over excited. Stay grounded.
2-3-2023 Intel Guru Frank26 The CBI... they are working with Sudani and the United States on the exchange rate. That's why we haven't seen the budget yet because everything waits for the exchange rate.
2-3-2023 Guru Nader From The Mid East When [Sudani] says, 'I'm gonna change the dinar rate...it doesn't mean it's gonna go 2 to 1 or 1 to 1. It can be back to [the year] 2020. I hope they put it back in [the year] 2003...we deserve that I think...
2-3-2023 Newshound Guru Militia Man A lot of things have happened in the last few days. You have the Central Bank talking, You have the government talking, you have the United States Federal Reserve Bank talking. You have meetings going on in Washington ...You have meetings that are said to be done today in Turkey and tomorrow in Turkey. You have demonstrations that may be taking place in the sense of 'monetary reform, why hasn't it happened yet?' Some of the articles we're seeing are phenomenal. We have Al-Sudani coming out and talk to the citizens telling everybody 'Hold on a minute. Don't do anything. Your dinars are going to be effetely stronger than the dollar'...
2-3-2023 Newshound Guru Pimpy In my PMs, DMs, MMs and everything else everybody's sending me the link to Nader's video [See Guru Nader's 2-1-2023 post below]...What gets me, people catch every other word. They pick and choose what they want to hear out of that video...Is the Iraqi dinar more valuable than the US dollar? No it's not. It's definitely IMO a lot stronger than the value that it's at now...I don't think the dinar should be as weak as they're showing right now. Just a shout out to [Guru] Nader. I love when he brings these kinds of things to our attention because it gives us an idea of what's going on but don't misunderstand what you're hearing...
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying he wants to strengthen our currency. He came out early this morning and he said this is his objective. This is on top of what he is saying yesterday about returning the rate to what it should be. This is encouraging.
2-3-2023 Intel Guru MarkZ [via PDK] We are still really close. Nothing has changed on this front at all. We are all just trying to stay grounded in these last yo-yo days... it is interesting we are getting that yo-yo on the banking screens. Most of my sources believe it’s locked in at a $3.90 street rate. ...the chatter remains good...We are seeing so many sources on the ground in Iraq giving us supporting evidence and news on the impending change...The weekend really does look good.
2-3-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued): [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: I asked one more question about the timing of events. I asked about the possibility of moving to reinstate the dinar on FOREX. Answer: I was told this was in the planning stages and we could see it very possibly this year and sooner than later. I did not press the point to ask for specific timeframe as I probably would not get it anyhow.
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2-2-2023 Intel Guru Frank26 What have I told you is the reason why we do not have the reinstatement of the Iraqi dinar? It's Iran...there's only one reason...that's what they're dealing with, the corruption of Iran. And the meeting they are going to have [In Washington] is very powerful. It deals with the exchange rate and corruption of Iran.
2-2-2023 Newshound Guru Clare Tweet #NRTnews "A delegation from Iraqi Central Bank meets the representatives of the US Department of the Treasury in Istanbul Turkey, for talks on stabilizing US dollar exchange prices to Iraqi dinar, Khalil Ghazi, Iraqi parliaments finance committee said"
2-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-2-2023 Intel Guru MarkZ [via PDK] What I am hearing from banking centers...It has been a week of “Groundhog Days” for them. They went in Monday …they were told “tomorrow. They went in Tuesday and sat there all day…they were told “tomorrow”. They went in Wednesday…they are very frustrated but were told that it is so close we need you here daily…until they finish this thing. They are pushing them hard to not leave or go anywhere over this weekend. They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point but they know we are painfully close.
2-2-2023 Newshound Guru Pimpy The big problem is this. A lot of these political people in Iraq are allies with Iran. That's a huge problem for Iraq. And because of this they do a lot of business together, trades together. But they deal in the U.S. dollar. If Iran is supposed to be sanctioned and Iraq's supposed to be working with the United States that's violating the sanctions is what's happening. So Iraq's now being punished for it.
2-2-2023 Newshound Guru Militia Man The whole premise here and goal is to get Iraq off the dollar...sadly it's going to be a tough road...any day now we'll see actions on that...
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: Isn’t the value of the dinar much greater than the value of the US dollar fiat currency? So why are we not seeing the true rate of the dinar? Answer: You pose a tricky question to me. Yes, I agree the rate should be much higher, at least 1:1 with the dollar but I believe much more and more like 4:1. But there is a process in place to get there, we are implementing it now that Ali Mohsen Al-Alaq has returned. We are looking forward to working diligently with all advisors and global leaders. It will not be long.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said today he was going to put the dollar back to its true rate. FRANK: That matches the articles. He's talking to the citizens. He's trying to calm them. FIREFLY: He didn't say when but he's going to put it to its true value.
2-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are making the switch from an internal program rate to an open international free market for the IQD.
2-2-2023 Newshound Guru Sandy Ingram According to many there was supposed to be a revalue on the 29th of January. As you can see that did not happen. However it could in the future.
2-2-2023 Intel Guru MarkZ [via PDK] If what I understand is correct…they [Iraq] wanted a couple more months but they will not be allowed it…It’s my understanding the middle east wanted more time… That’s what I hear but it doesn’t make much sense to me. Sudani has been on the streets again talking about the need to raise the rates. I am wondering if the news coming out of DC is just being taken out of context. It does not make sense to me that Iraqis want more time...but that is the report from sources there...I assume based on what we hear from Iraq that it would be the opposite.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor Alaq is on television saying within the next few days measures will be taken to reduce the dollar exchange rate against our currency which on the streets right now is reaching 1750. He said in a meeting with the United States of America Feds in Istanbul, Turkey and then another meeting in Washington March 9th. We are struggling as this dollar rate keeps going up. We wait to see what the next two days bring...we hope for some relief of some kind...
2-2-2023 Newshound Guru Clare Article: "Exceeding 172,000 dinars.. The dollar prices continue to rise in Baghdad and Erbil"
2-2-2023 Newshound Guru Pimpy With the restrictions put on Iraq because of Iran it's causing the devaluation of the Iraqi dinar.
2-2-2023 Newshound/Intel Guru Mnt Goat The plan all along is to use the older three zero notes at the banks for transfer between countries to pay the debts only and to take them out of the general circulation...This was a strategy imposed by Ali Alaq even before he left the CBI in June 2020. Now we are beginning to see why they reinstated him as director as he is continuing where he left off on the currency reform project, but the only difference is now he is getting the full support of the GOI. [post 2 of 2]
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) - [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations ]: Question: Do they fully intend to carryout this currency reform to the end? Answer: Yes, as they are only releasing more of the 100, 250 and 1000 smaller category notes and these will stay in circulation afterwards. It will be an easier transition to the lower, lower denominations once they have this situation under control and other countries will bring the value of the dinar up as the foreign demand increases. [post 1 of 2....stay tuned]
2-2-2023 Intel Guru Frank26 What have I told you is the reason why we do not have the reinstatement of the Iraqi dinar? It's Iran...there's only one reason...that's what they're dealing with, the corruption of Iran. And the meeting they are going to have [In Washington] is very powerful. It deals with the exchange rate and corruption of Iran.
2-2-2023 Newshound Guru Clare Tweet #NRTnews "A delegation from Iraqi Central Bank meets the representatives of the US Department of the Treasury in Istanbul Turkey, for talks on stabilizing US dollar exchange prices to Iraqi dinar, Khalil Ghazi, Iraqi parliaments finance committee said"
2-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-2-2023 Intel Guru MarkZ [via PDK] What I am hearing from banking centers...It has been a week of “Groundhog Days” for them. They went in Monday …they were told “tomorrow. They went in Tuesday and sat there all day…they were told “tomorrow”. They went in Wednesday…they are very frustrated but were told that it is so close we need you here daily…until they finish this thing. They are pushing them hard to not leave or go anywhere over this weekend. They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point but they know we are painfully close.
2-2-2023 Newshound Guru Pimpy The big problem is this. A lot of these political people in Iraq are allies with Iran. That's a huge problem for Iraq. And because of this they do a lot of business together, trades together. But they deal in the U.S. dollar. If Iran is supposed to be sanctioned and Iraq's supposed to be working with the United States that's violating the sanctions is what's happening. So Iraq's now being punished for it.
2-2-2023 Newshound Guru Militia Man The whole premise here and goal is to get Iraq off the dollar...sadly it's going to be a tough road...any day now we'll see actions on that...
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: Isn’t the value of the dinar much greater than the value of the US dollar fiat currency? So why are we not seeing the true rate of the dinar? Answer: You pose a tricky question to me. Yes, I agree the rate should be much higher, at least 1:1 with the dollar but I believe much more and more like 4:1. But there is a process in place to get there, we are implementing it now that Ali Mohsen Al-Alaq has returned. We are looking forward to working diligently with all advisors and global leaders. It will not be long.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said today he was going to put the dollar back to its true rate. FRANK: That matches the articles. He's talking to the citizens. He's trying to calm them. FIREFLY: He didn't say when but he's going to put it to its true value.
2-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are making the switch from an internal program rate to an open international free market for the IQD.
2-2-2023 Newshound Guru Sandy Ingram According to many there was supposed to be a revalue on the 29th of January. As you can see that did not happen. However it could in the future.
2-2-2023 Intel Guru MarkZ [via PDK] If what I understand is correct…they [Iraq] wanted a couple more months but they will not be allowed it…It’s my understanding the middle east wanted more time… That’s what I hear but it doesn’t make much sense to me. Sudani has been on the streets again talking about the need to raise the rates. I am wondering if the news coming out of DC is just being taken out of context. It does not make sense to me that Iraqis want more time...but that is the report from sources there...I assume based on what we hear from Iraq that it would be the opposite.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor Alaq is on television saying within the next few days measures will be taken to reduce the dollar exchange rate against our currency which on the streets right now is reaching 1750. He said in a meeting with the United States of America Feds in Istanbul, Turkey and then another meeting in Washington March 9th. We are struggling as this dollar rate keeps going up. We wait to see what the next two days bring...we hope for some relief of some kind...
2-2-2023 Newshound Guru Clare Article: "Exceeding 172,000 dinars.. The dollar prices continue to rise in Baghdad and Erbil"
2-2-2023 Newshound Guru Pimpy With the restrictions put on Iraq because of Iran it's causing the devaluation of the Iraqi dinar.
2-2-2023 Newshound/Intel Guru Mnt Goat The plan all along is to use the older three zero notes at the banks for transfer between countries to pay the debts only and to take them out of the general circulation...This was a strategy imposed by Ali Alaq even before he left the CBI in June 2020. Now we are beginning to see why they reinstated him as director as he is continuing where he left off on the currency reform project, but the only difference is now he is getting the full support of the GOI. [post 2 of 2]
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) - [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations ]: Question: Do they fully intend to carryout this currency reform to the end? Answer: Yes, as they are only releasing more of the 100, 250 and 1000 smaller category notes and these will stay in circulation afterwards. It will be an easier transition to the lower, lower denominations once they have this situation under control and other countries will bring the value of the dinar up as the foreign demand increases. [post 1 of 2....stay tuned]
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2-1-2023 Intel Guru Frank26 Article: "urgent... Central Bank Governor: We will issue decisions to reduce the dollar and two meetings with the American side within two days" IMO THE NEW CBI GOV HAS CHANGED THE SPEED OF THE MONETARY REFORM.
2-1-2023 Newshound Guru Sandy Ingram The new cabinet is forcing stores and institutions to use Point of Sale transactions...POS are exempt from taxes...implementation effective June 1 2023. This sounds like a digital economy to me. Iraq is getting control over transactions and the flow of money. We can only hope this will lead to a higher rate exchange in the future.
2-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-1-2023 Intel Guru MarkZ [via PDK] Nothing negative today…With the bank chatter-A number of sources are saying the meetings in DC are going swimmingly…as they lay out the final groundwork for this. The chatter really has been fantastic. I am hearing positive things on the speed at which they plan on executing our payouts etc… There was fantastic chatter from DC and New York today to get this thing released. Things are very positive that they have pounded out the final arrangements that need to be made...About the rates floating around…they may just be place holders…we don’t know...We have seen $3.70 to $3.90 …the rate that most have reported seeing in $3.81. Hopefully this will be what the people on the ground in Iraq can expect…they deserve it.
2-1-2023 Guru Nader From The Mid East [Iraqi TV new report translated] "Muhammad al-Shi'i...The specialists said that Al-Sudani's statement that the dinar is stronger than the dollar implies two things. The first is a prospective decision that may reduce the dollar against the dinar that is less than 146 [1460 ?] and...restore my confidence for the dinar and the issue of dealing with it...As for the second explanation, the Sudanese wants to reduce the demand for the dollar especially with informal dealers who do not go to the window to sell the currency but rather go for a company for exchange companies the parallel market."
2-1-2023 Newshound/Intel Guru Mnt Goat So, it was time to catch up with my contact in the CBI... What I found out through my conversation is that they know they must stop the corruption and now they are taking bold steps to allow any foreign currency including the dinar to pay outside debts to other countries. Question: How long will this take to make an impact? Answer: I was told they expect a couple weeks at most since most merchants already have dinars they will probably pay in dinars. The other countries already agreed to take them. This was the problem before since the embargo of 1990 no other country wanted the dinar as it was too speculative.
2-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's a certain amount allowed to pay Iran for electricity but USA has proof that still large amounts of dollars are being sent to Iran. This delegation has to explain to Washington DC and being held accountable. All this must be handled and destroyed...
2-1-2023 Newshound Guru Pimpy The rumors are swelling away. I got people telling me, 'Hey did you hear the Prime Minister say that he was going to restore the exchange rate to its original amount?' Yeah I heard him say that...When Al-Sudani said he was going to restore the Iraqi dinar back to its original rate, people are going, 'Oh, man he's talking about $3.48 or $3.22!' That's not what he's talking about...the value of the Iraqi dinar is 1450 for all of its exports but all of its imports is 1660. I'm over simplifying things...when you have parallel exchanges they should always be close to one another. Right now it's not.
2-1-2023 Intel Guru MarkZ [via PDK] Big thanks to [Guru] Nader for this…they are openly talking on Iraqi Television about the need to substantially change the rate of the IQD. This is a wide open conversation there. Sudani has said they will move to $3.48 and restore it’s value. It is out in the open… hearing mixed things from upper level banking contacts. From “It’s moving forward to…no it hasn’t yet, but give it a little time…There was a lot of anticipation for today…so lets see how today develops. Nobody knows the exact timing…but we know we are close.
2-1-2023 Newshound Guru Samson Article: "Sudanese to citizens: Do not acquire the dollar.. The dinar is stronger" Strong Dinar - Change is to come.
2-1-2023 Intel Guru Frank26 There's a big meeting that's occurring in Washington DC because of the Central Bank of Iraq's monetary reform. Because Sudani the prime minister of Iraq, because of the new governor Alaq of the CBI. It's a BIG meeting. It's the 3rd one...It's for the Iraqi dinar against the American dollar. It's the only reason.
2-1-2023 Guru Nader From The Mid East Sudani announced it. He said in Arabic...he's going to put back the dollar to his real value. That's what he said exactly [in Arabic]. His real value is $3.48...When? I don't know. Let's see what happens today and tomorrow...
2-1-2023 Intel Guru MarkZ [via PDK] Remember Warren Buffet invested in this…Donald Trump has invested in this…. Warren Buffet said years ago that the dinar is a great long term investment when he purchased his. And many politicians have invested in this…If it were a scam…it is one that will take a couple hundred million people by surprise…including some of the smartest people in the world.
2-1-2023 Intel Guru Frank26 Article: "urgent... Central Bank Governor: We will issue decisions to reduce the dollar and two meetings with the American side within two days" IMO THE NEW CBI GOV HAS CHANGED THE SPEED OF THE MONETARY REFORM.
2-1-2023 Newshound Guru Sandy Ingram The new cabinet is forcing stores and institutions to use Point of Sale transactions...POS are exempt from taxes...implementation effective June 1 2023. This sounds like a digital economy to me. Iraq is getting control over transactions and the flow of money. We can only hope this will lead to a higher rate exchange in the future.
2-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-1-2023 Intel Guru MarkZ [via PDK] Nothing negative today…With the bank chatter-A number of sources are saying the meetings in DC are going swimmingly…as they lay out the final groundwork for this. The chatter really has been fantastic. I am hearing positive things on the speed at which they plan on executing our payouts etc… There was fantastic chatter from DC and New York today to get this thing released. Things are very positive that they have pounded out the final arrangements that need to be made...About the rates floating around…they may just be place holders…we don’t know...We have seen $3.70 to $3.90 …the rate that most have reported seeing in $3.81. Hopefully this will be what the people on the ground in Iraq can expect…they deserve it.
2-1-2023 Guru Nader From The Mid East [Iraqi TV new report translated] "Muhammad al-Shi'i...The specialists said that Al-Sudani's statement that the dinar is stronger than the dollar implies two things. The first is a prospective decision that may reduce the dollar against the dinar that is less than 146 [1460 ?] and...restore my confidence for the dinar and the issue of dealing with it...As for the second explanation, the Sudanese wants to reduce the demand for the dollar especially with informal dealers who do not go to the window to sell the currency but rather go for a company for exchange companies the parallel market."
2-1-2023 Newshound/Intel Guru Mnt Goat So, it was time to catch up with my contact in the CBI... What I found out through my conversation is that they know they must stop the corruption and now they are taking bold steps to allow any foreign currency including the dinar to pay outside debts to other countries. Question: How long will this take to make an impact? Answer: I was told they expect a couple weeks at most since most merchants already have dinars they will probably pay in dinars. The other countries already agreed to take them. This was the problem before since the embargo of 1990 no other country wanted the dinar as it was too speculative.
2-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's a certain amount allowed to pay Iran for electricity but USA has proof that still large amounts of dollars are being sent to Iran. This delegation has to explain to Washington DC and being held accountable. All this must be handled and destroyed...
2-1-2023 Newshound Guru Pimpy The rumors are swelling away. I got people telling me, 'Hey did you hear the Prime Minister say that he was going to restore the exchange rate to its original amount?' Yeah I heard him say that...When Al-Sudani said he was going to restore the Iraqi dinar back to its original rate, people are going, 'Oh, man he's talking about $3.48 or $3.22!' That's not what he's talking about...the value of the Iraqi dinar is 1450 for all of its exports but all of its imports is 1660. I'm over simplifying things...when you have parallel exchanges they should always be close to one another. Right now it's not.
2-1-2023 Intel Guru MarkZ [via PDK] Big thanks to [Guru] Nader for this…they are openly talking on Iraqi Television about the need to substantially change the rate of the IQD. This is a wide open conversation there. Sudani has said they will move to $3.48 and restore it’s value. It is out in the open… hearing mixed things from upper level banking contacts. From “It’s moving forward to…no it hasn’t yet, but give it a little time…There was a lot of anticipation for today…so lets see how today develops. Nobody knows the exact timing…but we know we are close.
2-1-2023 Newshound Guru Samson Article: "Sudanese to citizens: Do not acquire the dollar.. The dinar is stronger" Strong Dinar - Change is to come.
2-1-2023 Intel Guru Frank26 There's a big meeting that's occurring in Washington DC because of the Central Bank of Iraq's monetary reform. Because Sudani the prime minister of Iraq, because of the new governor Alaq of the CBI. It's a BIG meeting. It's the 3rd one...It's for the Iraqi dinar against the American dollar. It's the only reason.
2-1-2023 Guru Nader From The Mid East Sudani announced it. He said in Arabic...he's going to put back the dollar to his real value. That's what he said exactly [in Arabic]. His real value is $3.48...When? I don't know. Let's see what happens today and tomorrow...
2-1-2023 Intel Guru MarkZ [via PDK] Remember Warren Buffet invested in this…Donald Trump has invested in this…. Warren Buffet said years ago that the dinar is a great long term investment when he purchased his. And many politicians have invested in this…If it were a scam…it is one that will take a couple hundred million people by surprise…including some of the smartest people in the world.
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1-31-2023 Intel Guru Frank26 The meeting that is happening in Washington right now. It is a very big significant meeting... D.C. is receiving the instructions of what the Central Bank of Iraq is about to do with the exchange rate of the Iraqi dinar against the dollar. They are positioning it. Preparing it to float internationally...
1-31-2023 Intel Guru MarkZ [via PDK] ...Al Sudani says hes going to put back the dollar to the true, real value of $3.48. [1 Dinar = $3.48 usd] ...when he says something…he gets it done. He will not take his eyes off the target and his target is to restore Iraq to its former glory and to move forward to be a key player on the world stage. This is coming from [Guru] Nader and local sources in Iraq. The progress Iraq has gotten done under Sudani’s leadership is immense. I told you all the news was a yo-yo …lots of articles throwing out all sorts of rates…but watch the hand playing the yo-yo…It’s Sudanis hand…and Sudani is saying he wants a return to value of $3.48...This news is awesome. I still believe we will see it extremely soon but if we don’t see it tonight I certainly won’t be jumping off a bridge, especially with Sudani’s comments in Iraq’s local markets today.
1-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-31-2023 Newshound Guru Breitling On what they want to do with their currency, they said they want to add value to it. And that's it. You don't need anybody else. You don't need me. You don't need other news articles...you only need the opinions from people who actually manage the currency and the people who pass laws that give people who manage the currency authority. That's it. Where does my confidence come from? It comes from that. It comes from the very top. And if they get it wrong there is nothing we can do about it. I don't have any opinions outside of that. [Post 2 of 2]
1-31-2023 Newshound Guru Breitling If someone came off the streets and said... 'you talk about authority. Where do you get the information to get imperial data? Where do you get the information to make a decision on? And where does that fit with Iraq?' Very simple. The Ministry of Planning, the Ministry of Finance, Iraq's central bank. Everything I've come up with has come from those guys. [Post 1 of 2....stay tuned]
1-31-2023 Newshound Guru Sandy Ingram I remind you once again, you will only need to travel to exchange your IQD IF Iraq prints new money.
1-31-2023 Intel Guru MarkZ [via PDK] “Iraq is seeking full membership in the International Financial Action Organization” I think this one is important because they cannot get full membership without a meaningful currency change…according to most experts. And I agree with them.
1-31-2023 Newshound/Intel Guru Mnt Goat WOW! So much news once again about the dinar and... today we are hearing many surprises...The CBI is going to allow any currency to be accepted by the banks in addition to dinar and US dollars. But also to pay for imports and the bills of merchants with other currencies, besides dinar but including dinar. Folks we have been waiting a long time to hear such good news. ...we are going to get the reinstatement very shortly now. Just hang tight a bit longer.
1-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see on television news another delegation from Iraq banks is being told to go to the USA. This will be the 3rd group that goes there and meets again with the feds on why large amounts of dollars is being smuggled to private bank accounts inside of Iraq.
1-31-2023 Newshound Guru Militia Man The Uproar has been about the exchange rate...the exchange rate in an official capacity is at 1460. The street rate is about 1600...that may sound like a bad thing but it may not be because what's it's doing is it's going to apply more pressure for the central bank to take action. And I believe they are taking action.
1-31-2023 Newshound Guru Clare Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] Still hearing from the banking side that there are great expectations for the next 24 hours...Most of the chatter out there is they are still squarely looking at overnight tonight and into the morning.
1-31-2023 Newshound Guru Pimpy It's starting to look like Iraq along with several other countries are in a serious currency crisis...
1-31-2023 Intel Guru Frank26 Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" THIS IS A VERY BIG MEETING! Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] ”The Governor of the Central Bank presents to Parliament a plan to adjust the dollar exchange rate” There is a tremendous amount of back and forth going on…. This is the yo-yo. This is the same yo-yo we saw in Kuwait. This is the same yo-yo we saw in china before their revaluation in the late 90’s…. This is the same yo-yo we saw from Germany after WW2... I thought the roller coaster was interesting before this…but over the last 2-3 days…this yo-yo is strong...Like [Guru] Nader says…the fundamentals are strong. Things are solid. And they will keep playing this game with us and the whole world until they pull the trigger.
1-31-2023 Intel Guru yada I pay very little attention to those who are looking for the release of the RI without understanding where we are in the process. In the scheme of things and the way money moves around the globe, Iraq really is on the verge of releasing internationally their currency. Too much as transpired to not see the release and this is something that can't be pulled back. The whole world is affected by this release and they are prepared to receive it.
1-31-2023 Intel Guru Frank26 The meeting that is happening in Washington right now. It is a very big significant meeting... D.C. is receiving the instructions of what the Central Bank of Iraq is about to do with the exchange rate of the Iraqi dinar against the dollar. They are positioning it. Preparing it to float internationally...
1-31-2023 Intel Guru MarkZ [via PDK] ...Al Sudani says hes going to put back the dollar to the true, real value of $3.48. [1 Dinar = $3.48 usd] ...when he says something…he gets it done. He will not take his eyes off the target and his target is to restore Iraq to its former glory and to move forward to be a key player on the world stage. This is coming from [Guru] Nader and local sources in Iraq. The progress Iraq has gotten done under Sudani’s leadership is immense. I told you all the news was a yo-yo …lots of articles throwing out all sorts of rates…but watch the hand playing the yo-yo…It’s Sudanis hand…and Sudani is saying he wants a return to value of $3.48...This news is awesome. I still believe we will see it extremely soon but if we don’t see it tonight I certainly won’t be jumping off a bridge, especially with Sudani’s comments in Iraq’s local markets today.
1-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-31-2023 Newshound Guru Breitling On what they want to do with their currency, they said they want to add value to it. And that's it. You don't need anybody else. You don't need me. You don't need other news articles...you only need the opinions from people who actually manage the currency and the people who pass laws that give people who manage the currency authority. That's it. Where does my confidence come from? It comes from that. It comes from the very top. And if they get it wrong there is nothing we can do about it. I don't have any opinions outside of that. [Post 2 of 2]
1-31-2023 Newshound Guru Breitling If someone came off the streets and said... 'you talk about authority. Where do you get the information to get imperial data? Where do you get the information to make a decision on? And where does that fit with Iraq?' Very simple. The Ministry of Planning, the Ministry of Finance, Iraq's central bank. Everything I've come up with has come from those guys. [Post 1 of 2....stay tuned]
1-31-2023 Newshound Guru Sandy Ingram I remind you once again, you will only need to travel to exchange your IQD IF Iraq prints new money.
1-31-2023 Intel Guru MarkZ [via PDK] “Iraq is seeking full membership in the International Financial Action Organization” I think this one is important because they cannot get full membership without a meaningful currency change…according to most experts. And I agree with them.
1-31-2023 Newshound/Intel Guru Mnt Goat WOW! So much news once again about the dinar and... today we are hearing many surprises...The CBI is going to allow any currency to be accepted by the banks in addition to dinar and US dollars. But also to pay for imports and the bills of merchants with other currencies, besides dinar but including dinar. Folks we have been waiting a long time to hear such good news. ...we are going to get the reinstatement very shortly now. Just hang tight a bit longer.
1-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see on television news another delegation from Iraq banks is being told to go to the USA. This will be the 3rd group that goes there and meets again with the feds on why large amounts of dollars is being smuggled to private bank accounts inside of Iraq.
1-31-2023 Newshound Guru Militia Man The Uproar has been about the exchange rate...the exchange rate in an official capacity is at 1460. The street rate is about 1600...that may sound like a bad thing but it may not be because what's it's doing is it's going to apply more pressure for the central bank to take action. And I believe they are taking action.
1-31-2023 Newshound Guru Clare Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] Still hearing from the banking side that there are great expectations for the next 24 hours...Most of the chatter out there is they are still squarely looking at overnight tonight and into the morning.
1-31-2023 Newshound Guru Pimpy It's starting to look like Iraq along with several other countries are in a serious currency crisis...
1-31-2023 Intel Guru Frank26 Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" THIS IS A VERY BIG MEETING! Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] ”The Governor of the Central Bank presents to Parliament a plan to adjust the dollar exchange rate” There is a tremendous amount of back and forth going on…. This is the yo-yo. This is the same yo-yo we saw in Kuwait. This is the same yo-yo we saw in china before their revaluation in the late 90’s…. This is the same yo-yo we saw from Germany after WW2... I thought the roller coaster was interesting before this…but over the last 2-3 days…this yo-yo is strong...Like [Guru] Nader says…the fundamentals are strong. Things are solid. And they will keep playing this game with us and the whole world until they pull the trigger.
1-31-2023 Intel Guru yada I pay very little attention to those who are looking for the release of the RI without understanding where we are in the process. In the scheme of things and the way money moves around the globe, Iraq really is on the verge of releasing internationally their currency. Too much as transpired to not see the release and this is something that can't be pulled back. The whole world is affected by this release and they are prepared to receive it.
1-30-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-30-2023 Intel Guru MarkZ [via PDK] Question: Mark people are saying they are hearing $28 PER Dinar. I think it’s crazy, your thoughts? MarkZ Answer: I do not think it could be that high. I know Dr. Shabibi who was one of the smartest economists in the world, once said that Iraq could easily justify a rate of $14-$18 dollars. He was the architect of this revaluation. When he came up with numbers oil was selling for around $30 per barrel.
1-30-2023 Newshound/Intel Guru Walkingstick [via Frank26] Sudani is clamping down on news agencies. The rumors have come to an end. The lies are dissipating. The articles are becoming more factual with the monetary reform education. All the contradictions Iran, the framework and Maliki did is under control.
1-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-30-2023 Intel Guru Frank26 IMO the CBI knows when they are going to give you [Iraqi citizens] your new small category notes and the new exchange rate...In other words...there is a target. And it's coming.
1-30-2023 Intel Guru MarkZ [via PDK] ...the banking chatter...is really off the hook from Europe, Scandinavia and other countries. Bankers are extremely upbeat about the next 30+ hours...The hope is that Iraq will announce late in the day tomorrow …and our exchanges starting Wednesday. I do not know how accurate this is. I am cautious about the number of places announcing this… I have heard from a overwhelming number of sources that agree on this…. Many bankers are giving me this same news. I am just worried they are again setting up a bad guy or two to take a fall. They have done this in the past...I do feel that this is exceptionally close...
1-30-2023 Newshound/Intel Guru Paulette I keep seeing all this about the ISX going "International"...The only thing I saw is the announcement that they are instituting the online trading platform for the traders and that this program had been being utilized and tested by one of the brokerages for a period of time...there have been International investors in the ISX for years... Ultimately, the only thing that matters to me is what the CBI does. The ISX just conducts trading based on the official CBI rate. Hopefully, when there is a significant rate change, the actual ISX numbers don't actually change, just the value of what it represents just as when they changed the rate from 1190 to 1460.
1-30-2023 Guru Nader From The Mid East You heard before the 29th it's gonna go international. The 30th it's not international. What's gonna happen? We don't know. Their rate will be $3.80 I read somewhere... Wow. I don't think so...
1-30-2023 Newshound Guru Sandy Ingram Article: "Iraqi Delegation Due In US Over Banking Restrictions Fro Dollar Smuggling To Iran" Iraqi officials are scheduled to meet in Washington early in February to explain why the smuggling of dollars from Iraq to Iran. This is serious. Evidently there is proof Iraq providing Iran with US dollars over and above the agreement for payment for the electricity.
1-30-2023 Intel Guru MarkZ [via PDK] ...The US seems to be pushing for a lower rate and not the rate Iraq needs. There is a lot of push-back coming from Iraq. Iraq no longer wants to be a proxy of the US anymore and are positioning themselves not to be. Article: “Prime Ministers visit to Washington is not on the table now” They have stalled their visit to DC. It could be because they intend to RV alone and kick the US to the curb?
1-30-2023 Newshound Guru Pimpy Let's get back to Iraq because their currency is going to hell in a hand basket...Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for every dollar. We are heading in the direction of getting 1750 dinars which is a huge devaluation [NOTE: Going up is bad for us]. It's going in the wrong direction. Basically it's getting to the point where the Iraqi dinar is about as valuable as the Zim dollar...
1-30-2023 Newshound/Intel Guru RVAlready ...just because we might not be rich today does not cancel all of the progress that has been made. Today, as a target was promulgated on ISX going onto NASDAQ today...Per news articles today, ISX signed a new agreement with NASDAQ. It says nothing of a start date for trading.
1-30-2023 Newshound Guru Henig Article: "The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar" ...Notice that Chapter VII invocation...
1-30-2023 Intel Guru MarkZ [via PDK] We have a bunch of news coming out of Iraq this weekend. They are showing the ISX is listed on Nasdaq but I don’t see any trading yet. But this is a huge development. This is a FIRST in this entire process and an exceptionally good sign. I can tell you the goal is still to flip the switch and the system between the 31st and the 1st. I am hearing this from all of my sources. At the same time if we wake up Wednesday without a new rate - I am not going to panic because we are watching it all play out. The news is overwhelming... I am getting constant updates from the banking side and from the government side and from every other side…folks are ecstatic right now.
1-30-2023 Newshound Guru Militia Man In the last few days what we have seen is a quickening for things to happen because of what the United States Federal Reserve has done by deleting the US dollar from the [Iraqi] street...that's an ongoing process. That's not going to quit.
1-30-2023 Newshound/Intel Guru Mnt Goat ...Banks don’t get notified, get it! This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of the currencies. Yes, the QMF does show a new rate for the IQD and it was $3.80 last time I checked. But this does not mean this is the rate they will necessarily show on FOREX. ...
1-30-2023 Intel Guru MarkZ [via PDK] Question: Mark people are saying they are hearing $28 PER Dinar. I think it’s crazy, your thoughts? MarkZ Answer: I do not think it could be that high. I know Dr. Shabibi who was one of the smartest economists in the world, once said that Iraq could easily justify a rate of $14-$18 dollars. He was the architect of this revaluation. When he came up with numbers oil was selling for around $30 per barrel.
1-30-2023 Newshound/Intel Guru Walkingstick [via Frank26] Sudani is clamping down on news agencies. The rumors have come to an end. The lies are dissipating. The articles are becoming more factual with the monetary reform education. All the contradictions Iran, the framework and Maliki did is under control.
1-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-30-2023 Intel Guru Frank26 IMO the CBI knows when they are going to give you [Iraqi citizens] your new small category notes and the new exchange rate...In other words...there is a target. And it's coming.
1-30-2023 Intel Guru MarkZ [via PDK] ...the banking chatter...is really off the hook from Europe, Scandinavia and other countries. Bankers are extremely upbeat about the next 30+ hours...The hope is that Iraq will announce late in the day tomorrow …and our exchanges starting Wednesday. I do not know how accurate this is. I am cautious about the number of places announcing this… I have heard from a overwhelming number of sources that agree on this…. Many bankers are giving me this same news. I am just worried they are again setting up a bad guy or two to take a fall. They have done this in the past...I do feel that this is exceptionally close...
1-30-2023 Newshound/Intel Guru Paulette I keep seeing all this about the ISX going "International"...The only thing I saw is the announcement that they are instituting the online trading platform for the traders and that this program had been being utilized and tested by one of the brokerages for a period of time...there have been International investors in the ISX for years... Ultimately, the only thing that matters to me is what the CBI does. The ISX just conducts trading based on the official CBI rate. Hopefully, when there is a significant rate change, the actual ISX numbers don't actually change, just the value of what it represents just as when they changed the rate from 1190 to 1460.
1-30-2023 Guru Nader From The Mid East You heard before the 29th it's gonna go international. The 30th it's not international. What's gonna happen? We don't know. Their rate will be $3.80 I read somewhere... Wow. I don't think so...
1-30-2023 Newshound Guru Sandy Ingram Article: "Iraqi Delegation Due In US Over Banking Restrictions Fro Dollar Smuggling To Iran" Iraqi officials are scheduled to meet in Washington early in February to explain why the smuggling of dollars from Iraq to Iran. This is serious. Evidently there is proof Iraq providing Iran with US dollars over and above the agreement for payment for the electricity.
1-30-2023 Intel Guru MarkZ [via PDK] ...The US seems to be pushing for a lower rate and not the rate Iraq needs. There is a lot of push-back coming from Iraq. Iraq no longer wants to be a proxy of the US anymore and are positioning themselves not to be. Article: “Prime Ministers visit to Washington is not on the table now” They have stalled their visit to DC. It could be because they intend to RV alone and kick the US to the curb?
1-30-2023 Newshound Guru Pimpy Let's get back to Iraq because their currency is going to hell in a hand basket...Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for every dollar. We are heading in the direction of getting 1750 dinars which is a huge devaluation [NOTE: Going up is bad for us]. It's going in the wrong direction. Basically it's getting to the point where the Iraqi dinar is about as valuable as the Zim dollar...
1-30-2023 Newshound/Intel Guru RVAlready ...just because we might not be rich today does not cancel all of the progress that has been made. Today, as a target was promulgated on ISX going onto NASDAQ today...Per news articles today, ISX signed a new agreement with NASDAQ. It says nothing of a start date for trading.
1-30-2023 Newshound Guru Henig Article: "The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar" ...Notice that Chapter VII invocation...
1-30-2023 Intel Guru MarkZ [via PDK] We have a bunch of news coming out of Iraq this weekend. They are showing the ISX is listed on Nasdaq but I don’t see any trading yet. But this is a huge development. This is a FIRST in this entire process and an exceptionally good sign. I can tell you the goal is still to flip the switch and the system between the 31st and the 1st. I am hearing this from all of my sources. At the same time if we wake up Wednesday without a new rate - I am not going to panic because we are watching it all play out. The news is overwhelming... I am getting constant updates from the banking side and from the government side and from every other side…folks are ecstatic right now.
1-30-2023 Newshound Guru Militia Man In the last few days what we have seen is a quickening for things to happen because of what the United States Federal Reserve has done by deleting the US dollar from the [Iraqi] street...that's an ongoing process. That's not going to quit.
1-30-2023 Newshound/Intel Guru Mnt Goat ...Banks don’t get notified, get it! This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of the currencies. Yes, the QMF does show a new rate for the IQD and it was $3.80 last time I checked. But this does not mean this is the rate they will necessarily show on FOREX. ...
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1-29-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "al-Sudani said, "A delegation headed by the Minister of Foreign Affairs...will visit Washington, bringing with it several files. One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides." A PROGRAM RATE IS NOT DESIRED BY EITHER SIDE... THAT IS WHY THE FINAL EXCLAMATION OF THE MONETARY REFORM IS BEING TAKEN TO WASHINGTON DC... IN MY OPINION...THE MONETARY REFORM EDUCATION GOES ACROSS THE POND TO DC!
1-29-2023 Newshound/Intel Guru RVAlready From what I just heard, if I understood correctly, all sales and use of the US dollar in Iraq end tomorrow. I doubt this stops all of the black market tomorrow. But it stops all official use of the dollar. This should allow an international RV tomorrow. We will see what happens.
1-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-29-2023 Newshound Guru Sandy Ingram The dinar went into a tail spin against the dollar after the New York Federal Reserve imposed tighter controls on international dollar transactions by commercial Iraqi banks in November to hold the illegal sharing of US dollars with Iran...The US is making it clear they will not tolerate violations of US sanctions against Iraq. There appears to be evidence of Iraq funneling large sums of US dollars into private bank account in Iran. This supposedly occurred shorty after the new prime minister was instated...
1-29-2023 Newshound Guru Clare Article "Independent deputy: Al- Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise" Quote: "If the visit is successful, the dollar exchange rate may drop to 1,450 dinars to its previous state."
1-29-2023 Guru Nader From The Mid East The 800#s, don't believe into it...Keep your money. Do not give it to anyone. Do not send it in the mail. Do not do anything. Do not trust anybody.
1-29-2023 Newshound Guru Henig Article: "Reuters: Washington imposed restrictions on Iraqi banks due to the breach of sanctions on Iran" Quote: "Washington imposed restrictions on Iraqi banks due to a violation of sanctions issued by the Iraqi authorities, pointing to Washington's intentions to apply the same restrictions to the rest of the countries in the region that prove their dealings with Iran or Russia outside the American conditions."
1-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This new app the CBI is now talking about, why do all that to check the status of the exchange rate if nothing is going to change the rate? This is huge deal to tell us we can access from our phone. We know the rate is changing and that's why they want us to look and constantly be aware because the moment it changes we are to run to the banks. FRANK: ...It's stupid for them to tell you to look at the exchange rate in your app when you know damn well the exchange rate is killing you...Why are they telling you to do this? It's to prepare you...this is all part of the monetary reform education. It is marching forward...
1-29-2023 Guest Guru Suzie If all the intel/info is correct as being alluded to, tomorrow should be a BIG day...or if Iraq will jerk that famous flying carpet out from under us once again. Lets hope the ISX shows up International to us on Monday and they and us go forward!
1-29-2023 Newshound Guru Militia Man The goal is to get an international, Article VIII compliant currency so they can go out onto the ISX. We haven't heard them deny the ISX is going to go live tomorrow (today Sunday) as an international entity but we'll see what happens. We know that is something that's been on the plate...and the 29th was a target date so hopefully that happens...
1-29-2023 Newshound/Intel Guru Mnt Goat Article: "THE OVERTHROW OF SPECULATORS AND THE STREET GIVES THE CENTRAL BANK A WEEK TO SAVE THE DINAR" ...these dinar rates at even 1166, 1450, etc. are NOT acceptable. The true rate is being suppressed. There is a difference between the wording of “value” and “rate”. The value of the dinar never left the dinar since it is based on the oil they are pumping. In fact they are pumping almost 2/3 more since Saddam Hussein’s day. Plus, there is a huge CBI reserve $100 billion + and almost 38 ton stockpile of gold. So, to think they have to rehabilitate and grow their economy first to RV to the rate we are looking for is very, very foolish... The rate does not reflect the true value. Yes, if they grow their economy to greater heights, the value and thus the rate should then reflect the increase and go even higher. [Reference Guru Kaperoni's post 1-28-2023 below]
1-29-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "al-Sudani said, "A delegation headed by the Minister of Foreign Affairs...will visit Washington, bringing with it several files. One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides." A PROGRAM RATE IS NOT DESIRED BY EITHER SIDE... THAT IS WHY THE FINAL EXCLAMATION OF THE MONETARY REFORM IS BEING TAKEN TO WASHINGTON DC... IN MY OPINION...THE MONETARY REFORM EDUCATION GOES ACROSS THE POND TO DC!
1-29-2023 Newshound/Intel Guru RVAlready From what I just heard, if I understood correctly, all sales and use of the US dollar in Iraq end tomorrow. I doubt this stops all of the black market tomorrow. But it stops all official use of the dollar. This should allow an international RV tomorrow. We will see what happens.
1-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-29-2023 Newshound Guru Sandy Ingram The dinar went into a tail spin against the dollar after the New York Federal Reserve imposed tighter controls on international dollar transactions by commercial Iraqi banks in November to hold the illegal sharing of US dollars with Iran...The US is making it clear they will not tolerate violations of US sanctions against Iraq. There appears to be evidence of Iraq funneling large sums of US dollars into private bank account in Iran. This supposedly occurred shorty after the new prime minister was instated...
1-29-2023 Newshound Guru Clare Article "Independent deputy: Al- Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise" Quote: "If the visit is successful, the dollar exchange rate may drop to 1,450 dinars to its previous state."
1-29-2023 Guru Nader From The Mid East The 800#s, don't believe into it...Keep your money. Do not give it to anyone. Do not send it in the mail. Do not do anything. Do not trust anybody.
1-29-2023 Newshound Guru Henig Article: "Reuters: Washington imposed restrictions on Iraqi banks due to the breach of sanctions on Iran" Quote: "Washington imposed restrictions on Iraqi banks due to a violation of sanctions issued by the Iraqi authorities, pointing to Washington's intentions to apply the same restrictions to the rest of the countries in the region that prove their dealings with Iran or Russia outside the American conditions."
1-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This new app the CBI is now talking about, why do all that to check the status of the exchange rate if nothing is going to change the rate? This is huge deal to tell us we can access from our phone. We know the rate is changing and that's why they want us to look and constantly be aware because the moment it changes we are to run to the banks. FRANK: ...It's stupid for them to tell you to look at the exchange rate in your app when you know damn well the exchange rate is killing you...Why are they telling you to do this? It's to prepare you...this is all part of the monetary reform education. It is marching forward...
1-29-2023 Guest Guru Suzie If all the intel/info is correct as being alluded to, tomorrow should be a BIG day...or if Iraq will jerk that famous flying carpet out from under us once again. Lets hope the ISX shows up International to us on Monday and they and us go forward!
1-29-2023 Newshound Guru Militia Man The goal is to get an international, Article VIII compliant currency so they can go out onto the ISX. We haven't heard them deny the ISX is going to go live tomorrow (today Sunday) as an international entity but we'll see what happens. We know that is something that's been on the plate...and the 29th was a target date so hopefully that happens...
1-29-2023 Newshound/Intel Guru Mnt Goat Article: "THE OVERTHROW OF SPECULATORS AND THE STREET GIVES THE CENTRAL BANK A WEEK TO SAVE THE DINAR" ...these dinar rates at even 1166, 1450, etc. are NOT acceptable. The true rate is being suppressed. There is a difference between the wording of “value” and “rate”. The value of the dinar never left the dinar since it is based on the oil they are pumping. In fact they are pumping almost 2/3 more since Saddam Hussein’s day. Plus, there is a huge CBI reserve $100 billion + and almost 38 ton stockpile of gold. So, to think they have to rehabilitate and grow their economy first to RV to the rate we are looking for is very, very foolish... The rate does not reflect the true value. Yes, if they grow their economy to greater heights, the value and thus the rate should then reflect the increase and go even higher. [Reference Guru Kaperoni's post 1-28-2023 below]
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1-28-2023 Newshound Guru Henig Article "Iraq gets about $100 million annually from aircraft crossing its airspace" Quote "the rate of aircraft passing through Iraqi airspace is about 600 aircraft per day, and according to the plans set, this number is scheduled to increase in the coming period due to the strategic location that Iraq enjoys, which makes it an important transit area for all international airlines, and that the company is now working on Expanding the scope of its work by modernizing the Iraqi airspace and opening new air corridors with all neighboring countries." [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The USA is helping with farming here in Iraq to diversify us more than just oil. [NOTE: Reference Guru Kaperoni's post below]
1-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-28-2023 Guru Nader From The Mid East Iraq soon would be not dependent on only oil. They have a lot of things working on - tourism, business...import export...that's good news. [Note: Reference Guru Kaperoni's post below]
1-28-2023 Newshound Guru Henig Article: "Trade is likely to reach the wheat crop to 5 million tons" Quote: "The Ministry of Agriculture hinted at the possibility of Iraq reaching the stage of "self-sufficiency" in wheat in 2023 due to the expected amounts of rain...And that if things go according to plan and with the expected amounts of rain, we will reach self-sufficiency in the wheat crop, which represents the first food security for the country, he said." [Reference Guru Kaperoni's post below]
1-28-2023 Newshound/Intel Guru RVAlready ... I think we may be up to bat on Monday...Finish line coming up.
1-28-2023 Newshound Guru Sandy Ingram Question: "Is the IQD a good investment?" The answer to this is yes. Except for people are scamming people by selling the Iraqi dinar for higher rates and changing rates of 20% extra to purchase the dinar.
1-28-2023 Newshound Guru Henig Article: "After a 3-year hiatus, the resumption of freight traffic between Iraq and Syria" [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru MarkZ [via PDK] The news is pretty quiet which is totally what we expected overnight. There are however, many more confirmations of what their target is. Their goal is the crossover between the 31st and the 1st…Tuesday night into Wednesday...the chatter is still remaining overwhelming...It’s exciting. And it is close...I feel pretty confident we are at the finish line... Right now I am at 90% sure we will wake up to it on the first and whole different world...At this point I am not expecting a float. Everything I am seeing right now points to a set, stabe, measured change in values.
1-28-2023 Newshound Guru Kaperoni Be assured nothing is happening with the dinar until Iraq diversifies their economy.
1-28-2023 Newshound Guru Clare Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides."
1-28-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" DISTORTED BECAUSE THEY DEPEGGED & ARE PREPARING TO FLOAT INTERNATIONALLY Quote: "Al-Sudani said, There is a rise in prices as a result of fluctuations in the exchange rate of the dollar, but overall our financial situation is the best since 2003.."
1-28-2023 Newshound/Intel Guru Mnt Goat ...we had some “WOW” news this week with the inauguration of Ali Alaq as the director of the Central Bank once again. No, he is absolutely not in a proxy position...We must stop for a moment and ask the significance of this move by Al-Sudani to appoint Ali Alaq back as director... he was very ambitious and wanted to bring back the prestige of the dinar... [See Guru Mnt Goat's Rate Chart on 1-27-2023 below] I believe we can expect the same sort of communication...about where we stand with the project to delete the zeros and any move to go international...This will probably take place in a week or two.
1-28-2023 Newshound Guru Henig Article "Iraq gets about $100 million annually from aircraft crossing its airspace" Quote "the rate of aircraft passing through Iraqi airspace is about 600 aircraft per day, and according to the plans set, this number is scheduled to increase in the coming period due to the strategic location that Iraq enjoys, which makes it an important transit area for all international airlines, and that the company is now working on Expanding the scope of its work by modernizing the Iraqi airspace and opening new air corridors with all neighboring countries." [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The USA is helping with farming here in Iraq to diversify us more than just oil. [NOTE: Reference Guru Kaperoni's post below]
1-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-28-2023 Guru Nader From The Mid East Iraq soon would be not dependent on only oil. They have a lot of things working on - tourism, business...import export...that's good news. [Note: Reference Guru Kaperoni's post below]
1-28-2023 Newshound Guru Henig Article: "Trade is likely to reach the wheat crop to 5 million tons" Quote: "The Ministry of Agriculture hinted at the possibility of Iraq reaching the stage of "self-sufficiency" in wheat in 2023 due to the expected amounts of rain...And that if things go according to plan and with the expected amounts of rain, we will reach self-sufficiency in the wheat crop, which represents the first food security for the country, he said." [Reference Guru Kaperoni's post below]
1-28-2023 Newshound/Intel Guru RVAlready ... I think we may be up to bat on Monday...Finish line coming up.
1-28-2023 Newshound Guru Sandy Ingram Question: "Is the IQD a good investment?" The answer to this is yes. Except for people are scamming people by selling the Iraqi dinar for higher rates and changing rates of 20% extra to purchase the dinar.
1-28-2023 Newshound Guru Henig Article: "After a 3-year hiatus, the resumption of freight traffic between Iraq and Syria" [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru MarkZ [via PDK] The news is pretty quiet which is totally what we expected overnight. There are however, many more confirmations of what their target is. Their goal is the crossover between the 31st and the 1st…Tuesday night into Wednesday...the chatter is still remaining overwhelming...It’s exciting. And it is close...I feel pretty confident we are at the finish line... Right now I am at 90% sure we will wake up to it on the first and whole different world...At this point I am not expecting a float. Everything I am seeing right now points to a set, stabe, measured change in values.
1-28-2023 Newshound Guru Kaperoni Be assured nothing is happening with the dinar until Iraq diversifies their economy.
1-28-2023 Newshound Guru Clare Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides."
1-28-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" DISTORTED BECAUSE THEY DEPEGGED & ARE PREPARING TO FLOAT INTERNATIONALLY Quote: "Al-Sudani said, There is a rise in prices as a result of fluctuations in the exchange rate of the dollar, but overall our financial situation is the best since 2003.."
1-28-2023 Newshound/Intel Guru Mnt Goat ...we had some “WOW” news this week with the inauguration of Ali Alaq as the director of the Central Bank once again. No, he is absolutely not in a proxy position...We must stop for a moment and ask the significance of this move by Al-Sudani to appoint Ali Alaq back as director... he was very ambitious and wanted to bring back the prestige of the dinar... [See Guru Mnt Goat's Rate Chart on 1-27-2023 below] I believe we can expect the same sort of communication...about where we stand with the project to delete the zeros and any move to go international...This will probably take place in a week or two.
1-27-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-27-2023 Intel Guru yada ...the dinar has been positioned to increase in value internationally through the efforts of removing the dollar from their market. Not only removed from Iraq , all the contracts that go forth with Iraq from other countries will be paid in dinars. No converting to dollar, to dinar, then back to other currencies. Paid in dinar. This creates more value and good for us in the know.
1-27-2023 Newshound Guru Militia Man They're forcing effectively that Iraq needs to move on and to adjust their currency and to do so it will be reflected in their stock exchange...it's a two-fold situation. Once they hit that stock exchange [between now and the 29th] not only will they be able to buy the stocks within themselves...the world at large can come in electronically and digitally through separate platforms...Those separate platforms...will require the exchange rate change...to have an Article 8 compliant structure...we believe...the Central Bank governor Alaq has been brought back into the realm to do.
1-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-27-2023 Newshound Guru Henig Article "The currencies of Iran and Syria fell a lot after Washington scrutinized Iraq 's dealings in dollars"
1-27-2023 Intel Guru Frank26 Stop looking for words in my words. Very simply IMO the central bank of Iraq has already told the citizens of Iraq 'we have a new currency, we have a new exchange rate and we will give it to you.' If you don't like that argue with them don't argue with me...If you think my opinion is exaggerated or if you think my opinion is not coming out truthfully? It's the CBI's opinion for the love of...
1-27-2023 Intel Guru Bruce [via WiserNow] ...we are in that window of notification...we...should be notified between now and 7pm, Sunday night...we have been told that this should start for us, meaning exchanges...in the last three days of this month...I believe they intend to get us started this month...Nobody's talked about the first of February which is Wednesday - yet - So let's see how they handle that...Iraq is set and ready to go. We understand they've traded their opening value there in country rate up quite a bit...so far. And we're looking forward to our exchanges here.
1-27-2023 Intel Guru Frank26 Alaq is a good person for the completion of the monetary reform...the central bank governor it's only a title...I don't want you to worry about this switcheroo.
1-27-2023 Guru Nader From The Mid East I hope on the 29th it [the Iraqi dinar] goes on Forex...it can be international but it doesn't mean anything ... everyone is getting excited...enjoy your work. Enjoy it, maybe later you're not gonna work anymore so enjoy it now. Be happy...If you're working now and you're not retired enjoy your work. Go work happy...for now you gotta work. Don't be mad and sad and all that...don't stop your life.
1-27-2023 Intel Guru MarkZ [via PDK] ...the news from Iraq has been very quiet on the RV front overnight. There is a lot of chatter about logistics, who gets paid, and possibly the budget over the weekend...There is a whole lot of continued bank chatter. My contacts in Redemption centers, who also work in Wealth Management as their job...have been trained to process foreign currency. They are on call this weekend...they are expecting it to be a very hard work week next week...They are very excited about what is due to happen…. According to them…the first of the week and possibly over the weekend. Nothing appears to be dragging out…We know this is a “when” not an “if”...
1-27-2023 Newshound Guru Clare Article: "Independent deputy: Al-Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise"
1-27-2023 Newshound/Intel Guru RVAlready I think Iraq may, as usual, drag this out to the 31st. That will cause them problems, but will fit their historic pattern. I don’t see how they can blow past the 31st when their stock market is supposed to be live on NASDAQ on the 29th. Sudani has promised the world a revaluation by the 31st.
1-27-2023 Newshound Guru Sandy Ingram Article: "Iraqi dinar analysis" Quote: "Who is in charge of the IQD exchange rate? The Iraqi government determines the Iraqi dinar's value, and it does not fluctuate unless the central bank alters the exchange rate. This means that the government sets the currency price for sale and purchase." We also know the IMF and the World Bank plays an important decision in helping Iraq to decide.
1-27-2023 Intel Guru Frank26 Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar". THE EU & THE USA REMOVED IRAQ FROM THE LIST OF THE MOST CORRUPT NATIONS IN THE WORLD... LAST YEAR. THEREFORE SUDANI PREPARES THE IQD TO FLOAT.
1-27-2023 Newshound/Intel Guru Mnt Goat The graph below shows where Alaq wanted “to restore the prestige of the dinar”. This is where he said he wanted to go with the dinar. Look at the graph for 1940’s era.
1-27-2023 Intel Guru yada ...the dinar has been positioned to increase in value internationally through the efforts of removing the dollar from their market. Not only removed from Iraq , all the contracts that go forth with Iraq from other countries will be paid in dinars. No converting to dollar, to dinar, then back to other currencies. Paid in dinar. This creates more value and good for us in the know.
1-27-2023 Newshound Guru Militia Man They're forcing effectively that Iraq needs to move on and to adjust their currency and to do so it will be reflected in their stock exchange...it's a two-fold situation. Once they hit that stock exchange [between now and the 29th] not only will they be able to buy the stocks within themselves...the world at large can come in electronically and digitally through separate platforms...Those separate platforms...will require the exchange rate change...to have an Article 8 compliant structure...we believe...the Central Bank governor Alaq has been brought back into the realm to do.
1-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-27-2023 Newshound Guru Henig Article "The currencies of Iran and Syria fell a lot after Washington scrutinized Iraq 's dealings in dollars"
1-27-2023 Intel Guru Frank26 Stop looking for words in my words. Very simply IMO the central bank of Iraq has already told the citizens of Iraq 'we have a new currency, we have a new exchange rate and we will give it to you.' If you don't like that argue with them don't argue with me...If you think my opinion is exaggerated or if you think my opinion is not coming out truthfully? It's the CBI's opinion for the love of...
1-27-2023 Intel Guru Bruce [via WiserNow] ...we are in that window of notification...we...should be notified between now and 7pm, Sunday night...we have been told that this should start for us, meaning exchanges...in the last three days of this month...I believe they intend to get us started this month...Nobody's talked about the first of February which is Wednesday - yet - So let's see how they handle that...Iraq is set and ready to go. We understand they've traded their opening value there in country rate up quite a bit...so far. And we're looking forward to our exchanges here.
1-27-2023 Intel Guru Frank26 Alaq is a good person for the completion of the monetary reform...the central bank governor it's only a title...I don't want you to worry about this switcheroo.
1-27-2023 Guru Nader From The Mid East I hope on the 29th it [the Iraqi dinar] goes on Forex...it can be international but it doesn't mean anything ... everyone is getting excited...enjoy your work. Enjoy it, maybe later you're not gonna work anymore so enjoy it now. Be happy...If you're working now and you're not retired enjoy your work. Go work happy...for now you gotta work. Don't be mad and sad and all that...don't stop your life.
1-27-2023 Intel Guru MarkZ [via PDK] ...the news from Iraq has been very quiet on the RV front overnight. There is a lot of chatter about logistics, who gets paid, and possibly the budget over the weekend...There is a whole lot of continued bank chatter. My contacts in Redemption centers, who also work in Wealth Management as their job...have been trained to process foreign currency. They are on call this weekend...they are expecting it to be a very hard work week next week...They are very excited about what is due to happen…. According to them…the first of the week and possibly over the weekend. Nothing appears to be dragging out…We know this is a “when” not an “if”...
1-27-2023 Newshound Guru Clare Article: "Independent deputy: Al-Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise"
1-27-2023 Newshound/Intel Guru RVAlready I think Iraq may, as usual, drag this out to the 31st. That will cause them problems, but will fit their historic pattern. I don’t see how they can blow past the 31st when their stock market is supposed to be live on NASDAQ on the 29th. Sudani has promised the world a revaluation by the 31st.
1-27-2023 Newshound Guru Sandy Ingram Article: "Iraqi dinar analysis" Quote: "Who is in charge of the IQD exchange rate? The Iraqi government determines the Iraqi dinar's value, and it does not fluctuate unless the central bank alters the exchange rate. This means that the government sets the currency price for sale and purchase." We also know the IMF and the World Bank plays an important decision in helping Iraq to decide.
1-27-2023 Intel Guru Frank26 Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar". THE EU & THE USA REMOVED IRAQ FROM THE LIST OF THE MOST CORRUPT NATIONS IN THE WORLD... LAST YEAR. THEREFORE SUDANI PREPARES THE IQD TO FLOAT.
1-27-2023 Newshound/Intel Guru Mnt Goat The graph below shows where Alaq wanted “to restore the prestige of the dinar”. This is where he said he wanted to go with the dinar. Look at the graph for 1940’s era.
1-27-2023 Intel Guru MarkZ [via PDK] [Does it still look like some of the banks will have a redemption center inside?] Absolutely. The majority of the RC’s will simply be a bank branch equipped with trained, knowledgeable people and equipment for our currency exchanges. They count it right there in front of you and you get your deposit. So some will be stand alone buildings, and some may be just an office in the bank.
1-26-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-26-2023 Guru Nader From The Mid East The Iraqi dinar if it goes international...you don't have to travel nowhere to change your dinars. And the bank will do everything to get you in their doors...they're not stupid.
1-26-2023 Newshound Guru Militia Man Alaq has ultimate experience. He was the governor for the central bank for 6 years I believe. He has an impeccable CVs where he was an expert in anti-money laundering, anti-terrorism, all the banking practices, he's well known in Great Britain, United States and in the region for his talents. When he left his position he was promoted to the AMF so he would know about the digital electronic platform that is the Buna system...
1-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-26-2023 Intel Guru MarkZ [via PDK] ...there is a lot of chatter about Iraq going in the wee hours tonight/tomorrow morning. I think we may still be a couple of days premature…based on my gut…but I’m hearing it will be sooner than that from the sheer number of contacts that have reached out to me. ...The news today has been overwhelmingly awesome. I wish I could tell you everything but do not want to get myself in trouble so I can’t exchange.
1-26-2023 Intel Guru Frank26 IMO they know exactly when they want to introduce the new exchange rate and the new small category notes...And yes they're talking about the new small category notes because that's next, along with the new exchange rate, along with your [Iraqi's] new budget. Remember I called it the trifecta.
1-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] IOO this is a very good step [Replacing the CBI governor] concerning the monetary reform because...nothing stopped! They just replaced him. It marches now at a faster pace...If Alaq is not on board with Sudani at his pace trust me he too will be replaced...no more nonsense.
1-26-2023 Intel Guru MarkZ [via PDK] “Iraqi Delegation to Washington to discuss easing US restrictions on banks“ These restrictions by the US caused the value of the dinar to slide at least 10%. ...the Iraqi government now has permission to change their value... They will lose decades of progress if they do not pull the trigger. So they are in Washington and want those restrictions lifted…then BAM we have a new value. That is the way I see it. I am in a “any moment” frame of mind.
1-26-2023 Newshound Guru Sandy Ingram Article - Iraqi dinar Analysis Quote: "When are the Iraqi dinar going to be revalued?" The Iraqi dinar's value is unlikely to change until 2026. The Iraqi Central Bank's spokesperson declared in March 2021 that the currency would remain set for the following four years. Another government official later that year acknowledged that the exchange rate had been set in government budgets." This more than likely surrounds the 'white papers'.
1-26-2023 Guru Nader From The Mid East Yesterday he [Sudani] made a decision to change it [the dinar exchange rate]...but he cannot change himself. He's got to push the CBI. He's gonna find a way to convince the CBI to change the dinar. But we don't know what it is though. I can be not a lot. I don't know if it's going to be 1 to 1 or 100 to 1 or 1000 to 1. I have no idea. He didn't say how much.
1-26-2023 Newshound Guru Henig Article: "The overthrow of speculators and the street gives the central bank a week to save the dinar" Quote: "Protesters gave, during mass demonstrations in front of the Central Bank building on Al-Rasheed Street in central Baghdad, the new governor, Ali Al-Alaq, a week to save the dinar from collapsing."
1-26-2023 Newshound Guru Militia Man We have the forecast that sometime between now and the 29th of this month the ISX is going to go international on platform to be able to trade internationally with the region and likely the globe. What that means to us is...ready to launch this platform.
1-26-2023 Intel Guru MarkZ [via PDK] Now, contrary to some of the rumors out there…this has not been announced yet in the streets…but it has been announced that they are going to do this…. My guess is there was a “behind the door” deal for them to keep their dates on exchanges. Things should get very interesting over the next few days. I am still hearing this is our month even though there is just a few days left. I am still hearing when it rolls over to Feb 1st they have revalued their currency. I pray this is accurate...I have a sense of peace that we are seeing the completion of this thing. [post 2 of 2]
1-26-2023 Intel Guru MarkZ [via PDK] “Abu Dhabi Securities Exchange (ADX)“ ISX is on the Abu Dhabi exchange! For those who can see there is a ticker running and it has listed as of today…who is on their stock exchange …and right there is listed the IQD or ISX.- Iraq is on a foreign exchange platform in Abu Dhabi today for trading. For that to occur I was told they need a sound currency. This is probably our biggest piece of news telling us how quickly we are moving forward. [post 1 of 2....stay tuned]
1-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: ...They keep talking about the new currency. We think they are referring to a new rate. We hoping so. We want to see the rate go back the other way to strengthen the dinar. We're still looking for it to turn back and move to 1180 or so and then 1 to 1. This is all what my bank friend told me. He said all the new baking platforms that have been put in place to support this. Looks like things are in place to make us use the dinar only in our country and this is a process and about to come into place.
1-26-2023 Newshound/Intel Guru Mnt Goat ... Is this a VERY GOOD time to conduct the project to delete the zeros and move to FOREX. Since there is a shortage of dinar and dollars on the streets it would be advantageous to do so. My impression is that it could not be a more favorable time in the history of this RV saga...
1-26-2023 Intel Guru Bruce [via WiserNow] They're all set and ready to go. Their currency will actually be traded on Sunday. Their first business day is Sunday, this coming Sunday. Okay, so that's gonna take place for Iraq - good for us...We don't know when - I'm not going to predict the time... but I’m hoping to say most likely Thursday...Iraq is good to go and they have a rate that is commensurate or higher than what Dr. Shabibi predicted 10 years ago at the International Chamber of Commerce meeting in Washington DC...we are at or above that rate now...let's see what happens.
1-26-2023 Guru Nader From The Mid East The Iraqi dinar if it goes international...you don't have to travel nowhere to change your dinars. And the bank will do everything to get you in their doors...they're not stupid.
1-26-2023 Newshound Guru Militia Man Alaq has ultimate experience. He was the governor for the central bank for 6 years I believe. He has an impeccable CVs where he was an expert in anti-money laundering, anti-terrorism, all the banking practices, he's well known in Great Britain, United States and in the region for his talents. When he left his position he was promoted to the AMF so he would know about the digital electronic platform that is the Buna system...
1-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-26-2023 Intel Guru MarkZ [via PDK] ...there is a lot of chatter about Iraq going in the wee hours tonight/tomorrow morning. I think we may still be a couple of days premature…based on my gut…but I’m hearing it will be sooner than that from the sheer number of contacts that have reached out to me. ...The news today has been overwhelmingly awesome. I wish I could tell you everything but do not want to get myself in trouble so I can’t exchange.
1-26-2023 Intel Guru Frank26 IMO they know exactly when they want to introduce the new exchange rate and the new small category notes...And yes they're talking about the new small category notes because that's next, along with the new exchange rate, along with your [Iraqi's] new budget. Remember I called it the trifecta.
1-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] IOO this is a very good step [Replacing the CBI governor] concerning the monetary reform because...nothing stopped! They just replaced him. It marches now at a faster pace...If Alaq is not on board with Sudani at his pace trust me he too will be replaced...no more nonsense.
1-26-2023 Intel Guru MarkZ [via PDK] “Iraqi Delegation to Washington to discuss easing US restrictions on banks“ These restrictions by the US caused the value of the dinar to slide at least 10%. ...the Iraqi government now has permission to change their value... They will lose decades of progress if they do not pull the trigger. So they are in Washington and want those restrictions lifted…then BAM we have a new value. That is the way I see it. I am in a “any moment” frame of mind.
1-26-2023 Newshound Guru Sandy Ingram Article - Iraqi dinar Analysis Quote: "When are the Iraqi dinar going to be revalued?" The Iraqi dinar's value is unlikely to change until 2026. The Iraqi Central Bank's spokesperson declared in March 2021 that the currency would remain set for the following four years. Another government official later that year acknowledged that the exchange rate had been set in government budgets." This more than likely surrounds the 'white papers'.
1-26-2023 Guru Nader From The Mid East Yesterday he [Sudani] made a decision to change it [the dinar exchange rate]...but he cannot change himself. He's got to push the CBI. He's gonna find a way to convince the CBI to change the dinar. But we don't know what it is though. I can be not a lot. I don't know if it's going to be 1 to 1 or 100 to 1 or 1000 to 1. I have no idea. He didn't say how much.
1-26-2023 Newshound Guru Henig Article: "The overthrow of speculators and the street gives the central bank a week to save the dinar" Quote: "Protesters gave, during mass demonstrations in front of the Central Bank building on Al-Rasheed Street in central Baghdad, the new governor, Ali Al-Alaq, a week to save the dinar from collapsing."
1-26-2023 Newshound Guru Militia Man We have the forecast that sometime between now and the 29th of this month the ISX is going to go international on platform to be able to trade internationally with the region and likely the globe. What that means to us is...ready to launch this platform.
1-26-2023 Intel Guru MarkZ [via PDK] Now, contrary to some of the rumors out there…this has not been announced yet in the streets…but it has been announced that they are going to do this…. My guess is there was a “behind the door” deal for them to keep their dates on exchanges. Things should get very interesting over the next few days. I am still hearing this is our month even though there is just a few days left. I am still hearing when it rolls over to Feb 1st they have revalued their currency. I pray this is accurate...I have a sense of peace that we are seeing the completion of this thing. [post 2 of 2]
1-26-2023 Intel Guru MarkZ [via PDK] “Abu Dhabi Securities Exchange (ADX)“ ISX is on the Abu Dhabi exchange! For those who can see there is a ticker running and it has listed as of today…who is on their stock exchange …and right there is listed the IQD or ISX.- Iraq is on a foreign exchange platform in Abu Dhabi today for trading. For that to occur I was told they need a sound currency. This is probably our biggest piece of news telling us how quickly we are moving forward. [post 1 of 2....stay tuned]
1-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: ...They keep talking about the new currency. We think they are referring to a new rate. We hoping so. We want to see the rate go back the other way to strengthen the dinar. We're still looking for it to turn back and move to 1180 or so and then 1 to 1. This is all what my bank friend told me. He said all the new baking platforms that have been put in place to support this. Looks like things are in place to make us use the dinar only in our country and this is a process and about to come into place.
1-26-2023 Newshound/Intel Guru Mnt Goat ... Is this a VERY GOOD time to conduct the project to delete the zeros and move to FOREX. Since there is a shortage of dinar and dollars on the streets it would be advantageous to do so. My impression is that it could not be a more favorable time in the history of this RV saga...
1-26-2023 Intel Guru Bruce [via WiserNow] They're all set and ready to go. Their currency will actually be traded on Sunday. Their first business day is Sunday, this coming Sunday. Okay, so that's gonna take place for Iraq - good for us...We don't know when - I'm not going to predict the time... but I’m hoping to say most likely Thursday...Iraq is good to go and they have a rate that is commensurate or higher than what Dr. Shabibi predicted 10 years ago at the International Chamber of Commerce meeting in Washington DC...we are at or above that rate now...let's see what happens.
1-25-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-25-2023 Intel Guru MarkZ [via PDK] It’s a great time to be alive…very exciting...I am being told by the overwhelming majority of my sources are expecting the international rate for the dinar to be $ 3.22 right now. I have also heard from a couple of folks that it could come out around $1.46 and then float. I do not expect that. The overwhelming majority are looking for $3+...
1-25-2023 Newshound Guru Militia Man Why was the Central Bank governor dismissed? We could figure on it was probably corruption. He was talking to the Judiciary Committee and decide not to talk so ultimately that didn't look so good and he was deposed, resigned, fired if you will. Same went with the Iraqi Trade Bank because those two banks...had a job to do. They just didn't get the job done. At this stage of the game we believe that Alaq has come back into the stage totally qualified. He's been a central bank governor before and has the experience with the new electronic platforms.
1-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-25-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: They are determined to cut out smuggling of the dollar...my bank friend says once it's under control the process will go next step. The end goal is to get dinars to its official rate with stability and corruption free. FRANK: ...Your bank friend is 100% correct.
1-25-2023 Newshound Guru Clare Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar" Quote: "The Islamic Supreme Council, one of the forces of the coordination framework, revealed today, Wednesday, that an Iraqi delegation will soon visit the United States of America in order to discuss the high exchange rate of the dollar in Iraq."
1-25-2023 Intel Guru MarkZ [via PDK] I am hearing leaves being canceled and vacations being canceled from a couple of banking sources... Street level banks believe they will be busy with the new system starting Feb. 1st... Things are ratcheting up.
1-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What do you think of this guy [Alaq the new CBI governor]?" Whoever came into the CBI had to be on board with the monetary reform that Dr. Shabibi established...A governor of a central bank, they're not thinkers. They don't have to do anything. They just do what they're told and he [the now former CBI governor] wasn't moving fast enough...governor of a central bank is nothing more but a yes man to the prime minister...
1-25-2023 Intel Guru Frank26 3 things I'm looking for. The new small category notes, the new exchange rate and the 2023 budget. That's the trifecta...
1-25-2023 Newshound Guru Henig Article: "Economist: Appointing al-Alaq is a positive step to gain the confidence of the Federal Reserve Bank and the US Treasury"
1-25-2023 Newshound Guru Militia Man They replaced the Central Bank Governor Gheleb with Alaq who was the late central governor for many years. He went off to the AMF (Arab Monetary Fund) who owns the Buna platform. He's back for a period of time to be able to facilitate things.
1-25-2023 Intel Guru MarkZ [via PDK] ...we do not know what that rate is going to be. But the dinar will become far more valuable than the US dollar. Will it be 30% higher and float…or $1, or $1.66 or will go all at once with the gold treaty…? We don’t know yet. Now we have to wait and see what that value is going to be….and how quickly they move on it... I am still hearing from my banking contacts and they are absolutely expecting it to happen by Feb. 1st…which is a very short window right now. [post 2 of 2]
1-25-2023 Intel Guru MarkZ [via PDK] [(Guru) Nader...said the rate had been decided but he did not know what it was or when they were going to announce it] Nader was the first to break this news but, I am hearing the same from multiple sources…multiple confirmation about this news and none are associated with Nader. Some confirmations from people on the ground in Iraq…of late announcements from Iraq that the decision has been made to raise or increase the value of the dinar in comparison to the Us dollar. We don’t know what it is yet or when they are going to execute it. But, we know they have made the decision to pull the trigger. [post 1 of 2....stay tuned]
1-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is now talking and saying they have a new app the citizens can use to check daily the exchange rate. Isn't that funny...they want us to look at the exchange rate daily...when it floats that's when it's going to change, right FRANK: ...That's just one of the ways the CBI will be telling all of Iraqi citizens they have a new exchange rate.
1-25-2023 Guru Nader From The Mid East Today Sudani made the decision to change the Iraqi dinar against the dollar. How much? I don't know? When? This week or next week I don't know but he made a decision. The decision has been made. How much I don' know. I can be 1180. It can be 1160. Can be 1 to 1. I don't know.
1-25-2023 Newshound/Intel Guru Mnt Goat So was Alaq a good guy or bad guy? Ali Alaq was instrumental in getting the newer lower denominations printed...We read articles that these were, in fact, printed... Then...in mid-June 2020 they challenged Alaq’s proxy position... Alaq’s proxy position was of course a conflict of interest and objectionable to the ability of the CBI to stay independent of the GOI. He had to go mainly for this reason...Today we see a change in leadership back to Alaq. Wow! ...So Alaq is no longer a proxy. He is officially the governor now... I believe this is a good move and in the right direction. It will only help our situation now we know there is someone at the helm of the CBI once again who truly supports the completion of the currency reform project in Iraq.
1-25-2023 Intel Guru MarkZ [via PDK] It’s a great time to be alive…very exciting...I am being told by the overwhelming majority of my sources are expecting the international rate for the dinar to be $ 3.22 right now. I have also heard from a couple of folks that it could come out around $1.46 and then float. I do not expect that. The overwhelming majority are looking for $3+...
1-25-2023 Newshound Guru Militia Man Why was the Central Bank governor dismissed? We could figure on it was probably corruption. He was talking to the Judiciary Committee and decide not to talk so ultimately that didn't look so good and he was deposed, resigned, fired if you will. Same went with the Iraqi Trade Bank because those two banks...had a job to do. They just didn't get the job done. At this stage of the game we believe that Alaq has come back into the stage totally qualified. He's been a central bank governor before and has the experience with the new electronic platforms.
1-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-25-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: They are determined to cut out smuggling of the dollar...my bank friend says once it's under control the process will go next step. The end goal is to get dinars to its official rate with stability and corruption free. FRANK: ...Your bank friend is 100% correct.
1-25-2023 Newshound Guru Clare Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar" Quote: "The Islamic Supreme Council, one of the forces of the coordination framework, revealed today, Wednesday, that an Iraqi delegation will soon visit the United States of America in order to discuss the high exchange rate of the dollar in Iraq."
1-25-2023 Intel Guru MarkZ [via PDK] I am hearing leaves being canceled and vacations being canceled from a couple of banking sources... Street level banks believe they will be busy with the new system starting Feb. 1st... Things are ratcheting up.
1-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What do you think of this guy [Alaq the new CBI governor]?" Whoever came into the CBI had to be on board with the monetary reform that Dr. Shabibi established...A governor of a central bank, they're not thinkers. They don't have to do anything. They just do what they're told and he [the now former CBI governor] wasn't moving fast enough...governor of a central bank is nothing more but a yes man to the prime minister...
1-25-2023 Intel Guru Frank26 3 things I'm looking for. The new small category notes, the new exchange rate and the 2023 budget. That's the trifecta...
1-25-2023 Newshound Guru Henig Article: "Economist: Appointing al-Alaq is a positive step to gain the confidence of the Federal Reserve Bank and the US Treasury"
1-25-2023 Newshound Guru Militia Man They replaced the Central Bank Governor Gheleb with Alaq who was the late central governor for many years. He went off to the AMF (Arab Monetary Fund) who owns the Buna platform. He's back for a period of time to be able to facilitate things.
1-25-2023 Intel Guru MarkZ [via PDK] ...we do not know what that rate is going to be. But the dinar will become far more valuable than the US dollar. Will it be 30% higher and float…or $1, or $1.66 or will go all at once with the gold treaty…? We don’t know yet. Now we have to wait and see what that value is going to be….and how quickly they move on it... I am still hearing from my banking contacts and they are absolutely expecting it to happen by Feb. 1st…which is a very short window right now. [post 2 of 2]
1-25-2023 Intel Guru MarkZ [via PDK] [(Guru) Nader...said the rate had been decided but he did not know what it was or when they were going to announce it] Nader was the first to break this news but, I am hearing the same from multiple sources…multiple confirmation about this news and none are associated with Nader. Some confirmations from people on the ground in Iraq…of late announcements from Iraq that the decision has been made to raise or increase the value of the dinar in comparison to the Us dollar. We don’t know what it is yet or when they are going to execute it. But, we know they have made the decision to pull the trigger. [post 1 of 2....stay tuned]
1-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is now talking and saying they have a new app the citizens can use to check daily the exchange rate. Isn't that funny...they want us to look at the exchange rate daily...when it floats that's when it's going to change, right FRANK: ...That's just one of the ways the CBI will be telling all of Iraqi citizens they have a new exchange rate.
1-25-2023 Guru Nader From The Mid East Today Sudani made the decision to change the Iraqi dinar against the dollar. How much? I don't know? When? This week or next week I don't know but he made a decision. The decision has been made. How much I don' know. I can be 1180. It can be 1160. Can be 1 to 1. I don't know.
1-25-2023 Newshound/Intel Guru Mnt Goat So was Alaq a good guy or bad guy? Ali Alaq was instrumental in getting the newer lower denominations printed...We read articles that these were, in fact, printed... Then...in mid-June 2020 they challenged Alaq’s proxy position... Alaq’s proxy position was of course a conflict of interest and objectionable to the ability of the CBI to stay independent of the GOI. He had to go mainly for this reason...Today we see a change in leadership back to Alaq. Wow! ...So Alaq is no longer a proxy. He is officially the governor now... I believe this is a good move and in the right direction. It will only help our situation now we know there is someone at the helm of the CBI once again who truly supports the completion of the currency reform project in Iraq.
1-24-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani brought back Alaq the former CBI Governor. He's back as proxy to run the CBI. He is saying within a short period he will return the exchange rates. My family want to know how did you know that? FRANK: ...We told you if Mustafa did not hurry up then he would just be fired. It's as simple as that...
1-24-2023 Intel Guru MarkZ [via PDK] My redemption Center folks while on a heightened level of alert do not have any news to share. They are just standing at the ready to go.
1-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-24-2023 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: THE DISMISSAL OF THE CENTRAL GOVERNOR WILL REMOVE THE TENTACLES OF CORRUPTION CONTROLLING THE BANK" Quote: "The dismissal of the governor of the central bank will remove the tentacles of
corruption that dominate the central bank, and will contribute to reviving the Iraqi dinar a different version." WOW! This is amazing news. They are getting really serious now to revive the Iraqi dinar to times of the past.
1-24-2023 Newshound Guru Sandy Ingram Iraq's currency has been experiencing a two-month roller coaster ride after a tightening of procedures for international transfers. Some people are blaming Washington for the dinars problems, however the U.S. has been complaining that the dollar is being funneled to Iraq, Syria and Lebanon through the foreign currency auction ran by the Central Bank of Iraq. Iran and Syria are under U.S. sanctions.
1-24-2023 Intel Guru MarkZ [via PDK] ...They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value…but more importantly …If they were to go Basel 4 first… everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt for this and really toss the value up in the air. They need to revalue first and then go Basel 4. I hear this will all happen within minutes.
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's going to be a national day of protest Wednesday at the CBI...We people are mad at the CBI because they're not doing anything... thousands are going to show up. FRANK: ...Your voice must be heard by the CBI that you need this new exchange rate now, not tomorrow ...your new governor of the Central Bank Alaq knows exactly what the monetary reform plan was and he knows exactly what Sudani wants...Let Wednesday be a form of communication...
1-24-2023 Newshound Guru Clare Article: "Iraqi delegation to discuss dinar-dollar exchange rate with Washington" Quote: “Prime Minister Mohammed Shia’ al-Sudani is in talks with the US to increase the value of the Iraqi dinar in comparison to the dollar, and we will visit Washington soon, he added."
1-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is not a shock. It is not a setback. This process that Sudani did with the CBI is because the governor of the CBI was not being transparent enough. And the education to the Iraqi citizens of the monetary reform was not fast enough. The new governor Alaq he was the student of Dr. Shabibi, the author of the monetary reform of Iraq's currency. IMO Alaq is a lot better to take the monetary reform to its promised land of an international float. Under his tutelage was when they printed the new small category notes.
1-24-2023 Intel Guru MarkZ [via PDK] ...there is no negative news today … we are still getting positive stuff. [Mark, What does you gut feel for the timing of this to go?] I get in trouble everytime I say this…but my guy feels it could go anytime in the next 2 weeks…with an emphasis on the next 2 days. I hope my gut is accurate...lol.
1-24-2023 Newshound Guru Kaperoni And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we see Al Maliki influence to get rid of Mustafa and replace him with his appointed CBI Governor from a few years back Ali al-Alaq. A pretty obvious pattern is being repeated here... Maliki is controlling the Central Bank of Iraq or at least influencing currency sales to help Iran. [Post 2 of 2]
1-24-2023 Newshound Guru Kaperoni ...Iraq's prime minister dismissed the current central bank governor Mustafa Ghaleb for his inability to control the exchange rate and reassigned former Al Maliki central bank governor Ali Al-Alaq to run the bank...Back in 2012 the CBI Governor Shabibi was run out of town when he tried to shut down Maliki employees within the CBI who were contributing to smuggling money to Iran. [Post 1 of 2....stay tuned]
1-24-2023 Intel Guru Frank26 What did we tell you 3 weeks ago? 'It is possible the governor of the Central Bank of Iraq may be fired because he's just not moving fast enough for Sudani, the monetary reform, for all of those that are involved in the monetary reform.' Bravo! That made us look good but we're not here to try to look good. We're here to try to help you understand what's going on. The only reason we knew that is because we knew the scuttlebutt that was going on INSIDE of the CBI...We told you 3 weeks ago this was going to happen...boom it happened!
1-24-2023 Intel Guru MarkZ [via PDK] Here is a humdinger: “Sudani: We are supervising the completion of a “different” budget and continue our support for the restoration of our exchange rate” This headline should tell us all what we need to know. Sudani has been very clear they want a “Restoration to their previous glory” exchange rate. To a pre-Kuwaiti war rate. …Pre Gulf War rate.
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani brought back Alaq the former CBI Governor. He's back as proxy to run the CBI. He is saying within a short period he will return the exchange rates. My family want to know how did you know that? FRANK: ...We told you if Mustafa did not hurry up then he would just be fired. It's as simple as that...
1-24-2023 Intel Guru MarkZ [via PDK] My redemption Center folks while on a heightened level of alert do not have any news to share. They are just standing at the ready to go.
1-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-24-2023 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: THE DISMISSAL OF THE CENTRAL GOVERNOR WILL REMOVE THE TENTACLES OF CORRUPTION CONTROLLING THE BANK" Quote: "The dismissal of the governor of the central bank will remove the tentacles of
corruption that dominate the central bank, and will contribute to reviving the Iraqi dinar a different version." WOW! This is amazing news. They are getting really serious now to revive the Iraqi dinar to times of the past.
1-24-2023 Newshound Guru Sandy Ingram Iraq's currency has been experiencing a two-month roller coaster ride after a tightening of procedures for international transfers. Some people are blaming Washington for the dinars problems, however the U.S. has been complaining that the dollar is being funneled to Iraq, Syria and Lebanon through the foreign currency auction ran by the Central Bank of Iraq. Iran and Syria are under U.S. sanctions.
1-24-2023 Intel Guru MarkZ [via PDK] ...They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value…but more importantly …If they were to go Basel 4 first… everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt for this and really toss the value up in the air. They need to revalue first and then go Basel 4. I hear this will all happen within minutes.
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's going to be a national day of protest Wednesday at the CBI...We people are mad at the CBI because they're not doing anything... thousands are going to show up. FRANK: ...Your voice must be heard by the CBI that you need this new exchange rate now, not tomorrow ...your new governor of the Central Bank Alaq knows exactly what the monetary reform plan was and he knows exactly what Sudani wants...Let Wednesday be a form of communication...
1-24-2023 Newshound Guru Clare Article: "Iraqi delegation to discuss dinar-dollar exchange rate with Washington" Quote: “Prime Minister Mohammed Shia’ al-Sudani is in talks with the US to increase the value of the Iraqi dinar in comparison to the dollar, and we will visit Washington soon, he added."
1-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is not a shock. It is not a setback. This process that Sudani did with the CBI is because the governor of the CBI was not being transparent enough. And the education to the Iraqi citizens of the monetary reform was not fast enough. The new governor Alaq he was the student of Dr. Shabibi, the author of the monetary reform of Iraq's currency. IMO Alaq is a lot better to take the monetary reform to its promised land of an international float. Under his tutelage was when they printed the new small category notes.
1-24-2023 Intel Guru MarkZ [via PDK] ...there is no negative news today … we are still getting positive stuff. [Mark, What does you gut feel for the timing of this to go?] I get in trouble everytime I say this…but my guy feels it could go anytime in the next 2 weeks…with an emphasis on the next 2 days. I hope my gut is accurate...lol.
1-24-2023 Newshound Guru Kaperoni And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we see Al Maliki influence to get rid of Mustafa and replace him with his appointed CBI Governor from a few years back Ali al-Alaq. A pretty obvious pattern is being repeated here... Maliki is controlling the Central Bank of Iraq or at least influencing currency sales to help Iran. [Post 2 of 2]
1-24-2023 Newshound Guru Kaperoni ...Iraq's prime minister dismissed the current central bank governor Mustafa Ghaleb for his inability to control the exchange rate and reassigned former Al Maliki central bank governor Ali Al-Alaq to run the bank...Back in 2012 the CBI Governor Shabibi was run out of town when he tried to shut down Maliki employees within the CBI who were contributing to smuggling money to Iran. [Post 1 of 2....stay tuned]
1-24-2023 Intel Guru Frank26 What did we tell you 3 weeks ago? 'It is possible the governor of the Central Bank of Iraq may be fired because he's just not moving fast enough for Sudani, the monetary reform, for all of those that are involved in the monetary reform.' Bravo! That made us look good but we're not here to try to look good. We're here to try to help you understand what's going on. The only reason we knew that is because we knew the scuttlebutt that was going on INSIDE of the CBI...We told you 3 weeks ago this was going to happen...boom it happened!
1-24-2023 Intel Guru MarkZ [via PDK] Here is a humdinger: “Sudani: We are supervising the completion of a “different” budget and continue our support for the restoration of our exchange rate” This headline should tell us all what we need to know. Sudani has been very clear they want a “Restoration to their previous glory” exchange rate. To a pre-Kuwaiti war rate. …Pre Gulf War rate.
1-23-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-23-2023 Newshound Guru Clare Article: "Al-Shammari: The government's decision towards the dollar is bold... and reveals a commitment to the new central bank governor" Quote: "The new governor's pledge is to restore the exchange rate within a short period, and I estimate that it will only take weeks."
1-23-2023 Intel Guru Frank26 If you have a small amount of dinars, exchange. Especially if they come out at 1 to 1. If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float... [NOTE: Always speak with your financial advisors at the appropriate time to build an exchange plan that best fits your unique circumstances.]
1-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-23-2023 Intel Guru MarkZ [via PDK] We have the end in sight-according to the news coming out of Iraq. [Iraq is supposed to get listed on the stock exchange on the 29th...] Yes…we expect they need the new rate to go onto the ISX. [What is the ISX?] That is the Iraqi stock exchange which is supposed to be listed on our own NASDAQ and traded there as well. For them to be traded on that internationally they are going to need an internationally recognized currency. This is the overwhelming consensus from experts all across the globe. [Do you believe it will happen on the 29th?] Based on the news from the ISX and Iraq’s ascension to the World Trade Organization (WTO) sometime this week…it’s sure possible. ...my contacts are convinced tomorrow may be magical.
1-23-2023 Guru Nader From The Mid East I just bought a ticket from Baghdad to London and they refuse the payment in dollars. They want me to pay them in dinar. So my sister paid in dinar to go to London. That's great! I love the idea. I read...the parliament decide if you buy a ticket to fly anywhere you cannot buy it in dollar anymore. You have to pay in dinar...It's great news. It's a great start.
1-23-2023 Newshound Guru Militia Man What they're really trying to do is get it to that stage where the World Trade Organization is allowed to come in. It might be two days. It might be 30 days but the point is that they'll need an exchange rate change for them to do that.
1-23-2023 Intel Guru MarkZ [via PDK] if Iraq is going to have a working international ISX on the 29th…this is in 6 days…this means the new rate needs to go before then…I would think…that is what logic dictates....Will the RV go live this week? I don’t know but, there is a tremendous amount of chatter and expectations for the next 2 days…Let’s hope they are right.
1-23-2023 Newshound Guru Henig Article: "A foreign newspaper: The Americans contacted the Sudanese more than (ten) times about the exchange rate and the smuggling of dollars" Quote: "The newspaper said that US officials raised this issue several times with the Sudanese Prime Minister, the latest of which was by the White House Coordinator for the Middle East and North Africa, Brett McGurk, last Monday, and US Ambassador Alina Romanovsky was in close contact with the Prime Minister and held more than ten meetings. The exchange rate was always at the top of her list."
1-23-2023 Intel Guru Frank26 Article: "Al-Sudani: We are supervising the completion of a “different” budget, and we continue to support the restoration of the exchange rate". SUDANI AND GHALEB WORK TOGETHER FOR THE 2023 BUDGET & NEW EXCHANGE RATE
1-23-2023 Newshound Guru Sandy Ingram Iraq's prime minister has dismissed the governor of the country's Central Bank of Iraq and assigned its former chief of the CBI. The Iraqi prime minister said he dismissed the head of the CBI in an attempt to assure public anger over a currency crisis that has let to an increase in the prices of goods.
1-23-2023 Intel Guru MarkZ [via PDK] There are rumors that the director of the CBI has stepped down. Why is this important? Sudani said early in this process that if the CBI was hesitant to release it…they would replace the director of the CBI. Everything is ready…they have done everything they need to do for a revaluation…I am assuming…based on evidence I can see…is Sudani has made the decision to force the issue on a change in value…personally I am excited.
1-23-2023 Intel Guru Frank26 The American dollar is bouncing all over. The Iraqi dinar is going through a float internally. It's removing its 3 zeros so it can be at least 1 to 1 when they leave the border to float.
1-23-2023 Newshound Guru Clare Article: "After dismissing him, the governor of the Central Bank, the Sudanese hints at a decrease in the exchange rate of the dollar" Quote: "The Prime Minister, Muhammad Shia Al-Sudani, relieved the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, from his post, due to the continued rise in the exchange rate of the dollar and the bank’s inability to curb it. Al-Sudani assigned former bank governor Ali Mohsen Al-Alaq to manage the central bank by proxy. The Prime Minister also referred the Director of the Trade Bank of Iraq to retirement and assigned Rabal al-Hamdani...Al-Sudani commented on the changes by saying: "The departments that have been assigned to the Central Bank and the Trade Bank of Iraq possess skills and will work to reduce the rise in exchange rates."
1-23-2023 Newshound/Intel Guru RVAlready Article: "Prime Minister Mohamed Shia al-Sudani decided on Monday to relieve Central Bank Governor Mustafa Ghaleb Makhif from his post" Article Quote: "In a measure aimed at rehabilitating the Iraqi dinar and restoring its position in the local market, Prime Minister Mohammed Shia al-Sudani took a courageous and correct decision to reinstate former Central Bank of Iraq Governor Ali Mohsen Al-Alaq and dismiss Mustafa Ghaleb Makhif, who held a legal position in the bank...Observers are encouraged by this measure, which could put things back on track." Hopefully, this guy will straighten the CBI out. RV comin down the track.
1-23-2023 Intel Guru MarkZ [via PDK] “The Framework assigns the Sudanese a suicidal mission in Washington...A financial truce to secure employees salaries?” What they are facing is a shortage of dinar in the local market that is causing a liquidity problem in iraq…. They have plenty of US dollars…but dinar is scarce. You know how they could fix this? They could RV and put the lower denominations in circulation. To me this is a contrived crisis to try to help push the RV forward. Maybe I am being wishful in my thinking but, with the shortage of dinar the government is struggling to pay salaries. They have pulled so much dinar off the streets in order to raise the value and RV….
1-23-2023 Newshound Guru Clare Article: "Al-Shammari: The government's decision towards the dollar is bold... and reveals a commitment to the new central bank governor" Quote: "The new governor's pledge is to restore the exchange rate within a short period, and I estimate that it will only take weeks."
1-23-2023 Intel Guru Frank26 If you have a small amount of dinars, exchange. Especially if they come out at 1 to 1. If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float... [NOTE: Always speak with your financial advisors at the appropriate time to build an exchange plan that best fits your unique circumstances.]
1-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-23-2023 Intel Guru MarkZ [via PDK] We have the end in sight-according to the news coming out of Iraq. [Iraq is supposed to get listed on the stock exchange on the 29th...] Yes…we expect they need the new rate to go onto the ISX. [What is the ISX?] That is the Iraqi stock exchange which is supposed to be listed on our own NASDAQ and traded there as well. For them to be traded on that internationally they are going to need an internationally recognized currency. This is the overwhelming consensus from experts all across the globe. [Do you believe it will happen on the 29th?] Based on the news from the ISX and Iraq’s ascension to the World Trade Organization (WTO) sometime this week…it’s sure possible. ...my contacts are convinced tomorrow may be magical.
1-23-2023 Guru Nader From The Mid East I just bought a ticket from Baghdad to London and they refuse the payment in dollars. They want me to pay them in dinar. So my sister paid in dinar to go to London. That's great! I love the idea. I read...the parliament decide if you buy a ticket to fly anywhere you cannot buy it in dollar anymore. You have to pay in dinar...It's great news. It's a great start.
1-23-2023 Newshound Guru Militia Man What they're really trying to do is get it to that stage where the World Trade Organization is allowed to come in. It might be two days. It might be 30 days but the point is that they'll need an exchange rate change for them to do that.
1-23-2023 Intel Guru MarkZ [via PDK] if Iraq is going to have a working international ISX on the 29th…this is in 6 days…this means the new rate needs to go before then…I would think…that is what logic dictates....Will the RV go live this week? I don’t know but, there is a tremendous amount of chatter and expectations for the next 2 days…Let’s hope they are right.
1-23-2023 Newshound Guru Henig Article: "A foreign newspaper: The Americans contacted the Sudanese more than (ten) times about the exchange rate and the smuggling of dollars" Quote: "The newspaper said that US officials raised this issue several times with the Sudanese Prime Minister, the latest of which was by the White House Coordinator for the Middle East and North Africa, Brett McGurk, last Monday, and US Ambassador Alina Romanovsky was in close contact with the Prime Minister and held more than ten meetings. The exchange rate was always at the top of her list."
1-23-2023 Intel Guru Frank26 Article: "Al-Sudani: We are supervising the completion of a “different” budget, and we continue to support the restoration of the exchange rate". SUDANI AND GHALEB WORK TOGETHER FOR THE 2023 BUDGET & NEW EXCHANGE RATE
1-23-2023 Newshound Guru Sandy Ingram Iraq's prime minister has dismissed the governor of the country's Central Bank of Iraq and assigned its former chief of the CBI. The Iraqi prime minister said he dismissed the head of the CBI in an attempt to assure public anger over a currency crisis that has let to an increase in the prices of goods.
1-23-2023 Intel Guru MarkZ [via PDK] There are rumors that the director of the CBI has stepped down. Why is this important? Sudani said early in this process that if the CBI was hesitant to release it…they would replace the director of the CBI. Everything is ready…they have done everything they need to do for a revaluation…I am assuming…based on evidence I can see…is Sudani has made the decision to force the issue on a change in value…personally I am excited.
1-23-2023 Intel Guru Frank26 The American dollar is bouncing all over. The Iraqi dinar is going through a float internally. It's removing its 3 zeros so it can be at least 1 to 1 when they leave the border to float.
1-23-2023 Newshound Guru Clare Article: "After dismissing him, the governor of the Central Bank, the Sudanese hints at a decrease in the exchange rate of the dollar" Quote: "The Prime Minister, Muhammad Shia Al-Sudani, relieved the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, from his post, due to the continued rise in the exchange rate of the dollar and the bank’s inability to curb it. Al-Sudani assigned former bank governor Ali Mohsen Al-Alaq to manage the central bank by proxy. The Prime Minister also referred the Director of the Trade Bank of Iraq to retirement and assigned Rabal al-Hamdani...Al-Sudani commented on the changes by saying: "The departments that have been assigned to the Central Bank and the Trade Bank of Iraq possess skills and will work to reduce the rise in exchange rates."
1-23-2023 Newshound/Intel Guru RVAlready Article: "Prime Minister Mohamed Shia al-Sudani decided on Monday to relieve Central Bank Governor Mustafa Ghaleb Makhif from his post" Article Quote: "In a measure aimed at rehabilitating the Iraqi dinar and restoring its position in the local market, Prime Minister Mohammed Shia al-Sudani took a courageous and correct decision to reinstate former Central Bank of Iraq Governor Ali Mohsen Al-Alaq and dismiss Mustafa Ghaleb Makhif, who held a legal position in the bank...Observers are encouraged by this measure, which could put things back on track." Hopefully, this guy will straighten the CBI out. RV comin down the track.
1-23-2023 Intel Guru MarkZ [via PDK] “The Framework assigns the Sudanese a suicidal mission in Washington...A financial truce to secure employees salaries?” What they are facing is a shortage of dinar in the local market that is causing a liquidity problem in iraq…. They have plenty of US dollars…but dinar is scarce. You know how they could fix this? They could RV and put the lower denominations in circulation. To me this is a contrived crisis to try to help push the RV forward. Maybe I am being wishful in my thinking but, with the shortage of dinar the government is struggling to pay salaries. They have pulled so much dinar off the streets in order to raise the value and RV….
1-22-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-22-2023 Intel Guru Frank26 Article: "The framework assigns Al-Sudani with a "suicide" mission in Washington... a "financial truce" to secure employees' salaries" THE FRAMEWORK WANTS THE AUCTIONS TO RETURN SO THEY CAN RETURN TO STEALING IRAQI CITIZENS' DINARS... THE FRAMEWORK KNOWS THAT A NEW MONETARY REFORM IS ABOUT TO BE EXPOSED, LOOK HOW THEY EVEN TALK ABOUT THE COINS THAT THE CBI TALKED TO THE CITIZENS ABOUT LAST WEEK...IT'S NO SECRET!
1-22-2023 Guru Nader From The Mid East They said the 1st maybe the 2nd something will happen. I don't know what it is. I wish I know what it is but something is happening.
1-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-22-2023 Newshound Guru Samson Article: "Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday...A source told our Agency that the security forces were tracing a "gang of forex traders" involved in "manipulating the market and tampering with the US dollar's exchange rate against the Iraqi dinar."
1-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Dubai wants to make Iraq like a trading infrastructure investment site - where Iraq is like a hub...this would be a tremendous boost to the Iraqi economy. FRANK: Isn't that something? Dubai, the filthiest richest country in the world wants to make Iraq their financial hub. Oh my gosh, rich people only hang around with rich people...Do you really think that they would make such an amazing enormous investment in your country at a program rate? ...trust me they know what is happening with your monetary reform and they want a piece of it.
1-22-2023 Newshound Guru Sandy Ingram Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling...The Iraqi government depends on the auctions to convert dollars...they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy...the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations. [Post 2 of 2]
1-22-2023 Newshound Guru Sandy Ingram Urgent Urgent news...it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq...it appears the United States government is placing checks on currency auctions...the check and balances system are hurting Iraq's public finances. [Post 1 of 2....stay tuned]
1-22-2023 Newshound Guru Henig Article: "How did the US “shock policy” affect the price of the dollar in Iraq?" Quote: "A report published by the American Wall Street Journal today, Friday, shed light on the dollar crisis in Iraq and the accompanying rise in the prices of food and imported goods...The newspaper quoted US and Iraqi officials as saying, "The Federal Reserve began last November to impose stricter controls on Iraqi commercial banks' dealings in dollars, in a move aimed at curbing money laundering and illegal access to dollars to Iran and other countries subject to severe sanctions in the Middle East."
1-22-2023 Intel Guru Frank26 You don't want to lose sight of your dinars wherever you go [to exchange]... 'We're going to send it to the main headquarters. They'll verify it a week later we'll tell you if they're real or not.' What if they're stolen? 'Well too bad.' What if the Brink truck gets in an accident, overturns and burns all my dinars? 'Well too bad. We'll give you a thousand dollars.' No. I want the true value of it. 'Well I'm sorry we lost them.' Good God almighty! There's nothing you can do about it. So don't ever lose sight of your currency and try to go to a major bank.
1-22-2023 Intel Guru MarkZ [via PDK] They are launching their ISX on our NASDAQ, and for them to be able to do that IMO – they have no choice but to have a functional, working, international rate/currency that is accepted everywhere all over the world. How can they send money through the stock exchange without a functioning international currency? That is one of the reasons I am still excited about the month of January.
1-22-2023 Intel Guru Frank26 Article: "The framework assigns Al-Sudani with a "suicide" mission in Washington... a "financial truce" to secure employees' salaries" THE FRAMEWORK WANTS THE AUCTIONS TO RETURN SO THEY CAN RETURN TO STEALING IRAQI CITIZENS' DINARS... THE FRAMEWORK KNOWS THAT A NEW MONETARY REFORM IS ABOUT TO BE EXPOSED, LOOK HOW THEY EVEN TALK ABOUT THE COINS THAT THE CBI TALKED TO THE CITIZENS ABOUT LAST WEEK...IT'S NO SECRET!
1-22-2023 Guru Nader From The Mid East They said the 1st maybe the 2nd something will happen. I don't know what it is. I wish I know what it is but something is happening.
1-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-22-2023 Newshound Guru Samson Article: "Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday...A source told our Agency that the security forces were tracing a "gang of forex traders" involved in "manipulating the market and tampering with the US dollar's exchange rate against the Iraqi dinar."
1-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Dubai wants to make Iraq like a trading infrastructure investment site - where Iraq is like a hub...this would be a tremendous boost to the Iraqi economy. FRANK: Isn't that something? Dubai, the filthiest richest country in the world wants to make Iraq their financial hub. Oh my gosh, rich people only hang around with rich people...Do you really think that they would make such an amazing enormous investment in your country at a program rate? ...trust me they know what is happening with your monetary reform and they want a piece of it.
1-22-2023 Newshound Guru Sandy Ingram Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling...The Iraqi government depends on the auctions to convert dollars...they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy...the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations. [Post 2 of 2]
1-22-2023 Newshound Guru Sandy Ingram Urgent Urgent news...it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq...it appears the United States government is placing checks on currency auctions...the check and balances system are hurting Iraq's public finances. [Post 1 of 2....stay tuned]
1-22-2023 Newshound Guru Henig Article: "How did the US “shock policy” affect the price of the dollar in Iraq?" Quote: "A report published by the American Wall Street Journal today, Friday, shed light on the dollar crisis in Iraq and the accompanying rise in the prices of food and imported goods...The newspaper quoted US and Iraqi officials as saying, "The Federal Reserve began last November to impose stricter controls on Iraqi commercial banks' dealings in dollars, in a move aimed at curbing money laundering and illegal access to dollars to Iran and other countries subject to severe sanctions in the Middle East."
1-22-2023 Intel Guru Frank26 You don't want to lose sight of your dinars wherever you go [to exchange]... 'We're going to send it to the main headquarters. They'll verify it a week later we'll tell you if they're real or not.' What if they're stolen? 'Well too bad.' What if the Brink truck gets in an accident, overturns and burns all my dinars? 'Well too bad. We'll give you a thousand dollars.' No. I want the true value of it. 'Well I'm sorry we lost them.' Good God almighty! There's nothing you can do about it. So don't ever lose sight of your currency and try to go to a major bank.
1-22-2023 Intel Guru MarkZ [via PDK] They are launching their ISX on our NASDAQ, and for them to be able to do that IMO – they have no choice but to have a functional, working, international rate/currency that is accepted everywhere all over the world. How can they send money through the stock exchange without a functioning international currency? That is one of the reasons I am still excited about the month of January.
1-21-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-21-2023 Intel Guru Frank26 Article: "The Iraqi fans address Al-Sudani from the Basra stadium: “Reduce the dollar.” CITIZENS CHANT TO SUDANI BRING DOWN THE DOLLAR... BEFORE WE LOOSE CONFIDENCE!
1-21-2023 Newshound Guru Clare Article "Al-Rashid Bank begins selling dollars to travelers through the Baghdad International Airport branch" Quote "On Thursday, the governmental Al-Rashid Bank began selling dollars to travelers through the Baghdad International Airport branch, at an amount of (5000) dollars per passenger, at a price of (1470) dinars per dollar."
1-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-21-2023 Newshound Guru Militia Man With all these convergences going on in Iraq gearing to do an exchange rate change I thing what we're going to see is these convergences come together in a very very short period of time because of...the need for the hydrocarbon law, Article 140, Sinjar agreement, all of these different things are coming together. The 2023 budget being next week, the World Trade Organization have had meetings today that included many countries not only Iraq , they're all waiting on the exchange rate.
1-21-2023 Intel Guru MarkZ [via PDK] There is still very positive chatter. Most of my banking contacts still believe it will happen by the first. Nobody knows the exact date except the handful of folks that pull the trigger. Do I still think January is possible? Absolutely. They have positioned the money and could pull the trigger at any time.
1-21-2023 Intel Guru Frank26 I feel in my heart this is coming. It's almost a no-brainer. I don't know when. I don't know how, well at least 1 to 1 when it leaves the country.
1-21-2023 Intel Guru Sheila [via PDK] [Nader (said) [See Guru Nader Post Below] ..."they can now send money electronically and internationally just this week. From France to Iraq with no problem" …Is this a sign?] I absolutely believe that is a sign. I hear a delegation from Iraq has been here a week to work on putting the rate live in the system. And we have been over there in Iraq working on the rate to go live there as well. I hear the rate will be live on the 29th. ...You cannot trade on the NASDAQ with the ISX without having a rate. And that is the whole purpose of the delegation being over here...and at this point nobody should believe this wont happen until 2024…. Pay attention…we are all at the right place at the right time...
1-21-2023 Newshound Guru Samson Article: "The Iraqi dinar pays the price.. Washington cuts off the dollar smuggling route to Iran" Putting a halt to Stealing USD.
1-21-2023 Intel Guru Frank26 Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" THE WALL STREET JOURNAL AND THE INTERNATIONAL WORLD TALK ABOUT THE EXCHANGE RATES IN IRAQ.
1-21-2023 Guru Nader From The Mid East I know it's not a new thing but...before we're not able to do that. Now we are able to do that. What's weird is I've been watching the exchange rate. The exchange rate 1670/1650 but when I sent the money it was only 1460...just like the normal rate. That's good news. Something has happened. Something has happened tell you the truth. [Post 2 of 2]
1-21-2023 Guru Nader From The Mid East Today for the first time since 20 years my mom is able to receive money directly from bank to bank. What happened is, mom needed some money...I was in France. I heard they accepting an electronic payments. So I sent money to my mom from my bank in France through Iraq and she received it this morning! I sent it yesterday morning and she received it this morning. It's amazing. [Post 1 of 2....stay tuned]
1-21-2023 Newshound/Intel Guru BGG Article: "Saudi Arabia Says Open to Settling Trade in Other Currencies" ...Iraq is talking about their currency and it’s value almost every single day. The set of events I have discussed recently are now being talked about in MAINSTREAM outlets. Stick to news. [Reference Guru BGG post 1-15-2023]
1-21-2023 Intel Guru MarkZ [via PDK] Boom!!! Literally the morning that Kuwait changed their value…they published an article saying bare minimum…they were 6-9 months away from a revaluation…and then within a few hours they had a new rate. It floated all the way to about $9.88 then settled back down to where is now.
1-21-2023 Intel Guru Frank26 Article: "The Iraqi fans address Al-Sudani from the Basra stadium: “Reduce the dollar.” CITIZENS CHANT TO SUDANI BRING DOWN THE DOLLAR... BEFORE WE LOOSE CONFIDENCE!
1-21-2023 Newshound Guru Clare Article "Al-Rashid Bank begins selling dollars to travelers through the Baghdad International Airport branch" Quote "On Thursday, the governmental Al-Rashid Bank began selling dollars to travelers through the Baghdad International Airport branch, at an amount of (5000) dollars per passenger, at a price of (1470) dinars per dollar."
1-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-21-2023 Newshound Guru Militia Man With all these convergences going on in Iraq gearing to do an exchange rate change I thing what we're going to see is these convergences come together in a very very short period of time because of...the need for the hydrocarbon law, Article 140, Sinjar agreement, all of these different things are coming together. The 2023 budget being next week, the World Trade Organization have had meetings today that included many countries not only Iraq , they're all waiting on the exchange rate.
1-21-2023 Intel Guru MarkZ [via PDK] There is still very positive chatter. Most of my banking contacts still believe it will happen by the first. Nobody knows the exact date except the handful of folks that pull the trigger. Do I still think January is possible? Absolutely. They have positioned the money and could pull the trigger at any time.
1-21-2023 Intel Guru Frank26 I feel in my heart this is coming. It's almost a no-brainer. I don't know when. I don't know how, well at least 1 to 1 when it leaves the country.
1-21-2023 Intel Guru Sheila [via PDK] [Nader (said) [See Guru Nader Post Below] ..."they can now send money electronically and internationally just this week. From France to Iraq with no problem" …Is this a sign?] I absolutely believe that is a sign. I hear a delegation from Iraq has been here a week to work on putting the rate live in the system. And we have been over there in Iraq working on the rate to go live there as well. I hear the rate will be live on the 29th. ...You cannot trade on the NASDAQ with the ISX without having a rate. And that is the whole purpose of the delegation being over here...and at this point nobody should believe this wont happen until 2024…. Pay attention…we are all at the right place at the right time...
1-21-2023 Newshound Guru Samson Article: "The Iraqi dinar pays the price.. Washington cuts off the dollar smuggling route to Iran" Putting a halt to Stealing USD.
1-21-2023 Intel Guru Frank26 Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" THE WALL STREET JOURNAL AND THE INTERNATIONAL WORLD TALK ABOUT THE EXCHANGE RATES IN IRAQ.
1-21-2023 Guru Nader From The Mid East I know it's not a new thing but...before we're not able to do that. Now we are able to do that. What's weird is I've been watching the exchange rate. The exchange rate 1670/1650 but when I sent the money it was only 1460...just like the normal rate. That's good news. Something has happened. Something has happened tell you the truth. [Post 2 of 2]
1-21-2023 Guru Nader From The Mid East Today for the first time since 20 years my mom is able to receive money directly from bank to bank. What happened is, mom needed some money...I was in France. I heard they accepting an electronic payments. So I sent money to my mom from my bank in France through Iraq and she received it this morning! I sent it yesterday morning and she received it this morning. It's amazing. [Post 1 of 2....stay tuned]
1-21-2023 Newshound/Intel Guru BGG Article: "Saudi Arabia Says Open to Settling Trade in Other Currencies" ...Iraq is talking about their currency and it’s value almost every single day. The set of events I have discussed recently are now being talked about in MAINSTREAM outlets. Stick to news. [Reference Guru BGG post 1-15-2023]
1-21-2023 Intel Guru MarkZ [via PDK] Boom!!! Literally the morning that Kuwait changed their value…they published an article saying bare minimum…they were 6-9 months away from a revaluation…and then within a few hours they had a new rate. It floated all the way to about $9.88 then settled back down to where is now.
1-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-20-2023 Intel Guru Frank26 Question: "Is [A currency book] how banks in the United States are going to check for counterfeit bills? Or should we find a bank with some sort of machine?" Some will send them off to the mother bank if it's a small bank. That's why I encourage you to go to a big bank. Some of them might use just the currency book and that would probably be the smaller banks...You just don't want to lose sight of your dinars wherever you go. If you give them, they better give you the equivalent in American money. Don't let them take your dinars...
1-20-2023 Intel Guru MarkZ [via PDK] Please treat...as rumors as they are clouding things on purpose… A contact in Iraq gave me a rate. And somebody else gave me a “heads up” from what one of their Scandinavian bankers told them on Iraq and the possibility of a NEER rate. I am being told they are pushing hard for a full RV reset but that Iraq is prepared again if the reset is stalled to release the NEER. The latest value I am hearing from 3 different sources is $1.66 if they pull a NEER (Nominal Effective Exchange Rate)...I am hearing this from two different European contacts and someone in Iraq...their comments about the NEER today gave me warm fuzzies to know that something is going to move forward no matter what. My contact over there still says they have every expectation of going by the 31st...
1-20-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-20-2023 Newshound Guru Pimpy I said, 'Did they say why they were destroying them?' He didn't know why but their job was to protect their currency and so he had to log in a list of serial numbers and they were destroying it. He said they destroyed a ton of it. Even though it says there's 157 trillion dinars that are in circulation how many of them are actually in circulation? ...that's one of the question I have. I know this for a fact Iraq was trying really hard to figure out what is and is not in the hands of speculators and how many dinars are actually out there... [Post 2 of 2]
1-20-2023 Newshound Guru Pimpy The truth of the matter is we have no idea how much Iraqi currency is in circulation. I've read articles talking about for...5 or 6 years Iraq was spending somewhere in the neighborhood of a billion dollars...buying the dinars back and destroying them... [a] soldier was telling his friend that when he was in Iraq...he had to log in their currencies as they destroyed it. As soon as he said that I asked him about it. I said, 'You're talking about the new [dinar]? The dinars of today?' He said, yeah. [Post 1 of 2....stay tuned]
1-20-2023 Intel Guru Bruce [via WiserNow] ...the so called Super whales - wow that's got to be a big player...started being paid out and given access to funds... Wednesday...And it's continuing now...the good news is ...we don't have to wait on the Super whales to be paid out...we could start exchanges possibly as early as tomorrow [Friday] or Saturday... Things are looking very strong for us right now...I'm excited because I think we're finally...coming down the homestretch...and we're getting ready to let her fly.
1-20-2023 Newshound Guru Kaperoni I remind people...Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency in circulation first.
1-20-2023 Intel Guru Frank26 Article: "For the first time... $100 jumps over 165,000 dinars in Iraq" THE USD EXCHANGE RATE WILL FLUCTUATE UNTIL THE IQD FLOATS INTERNATIONALLY.
1-20-2023 Newshound Guru Clare Article 2: "Iraq Economy Reels as U.S. Moves Against Money Flows to Iran -- WSJ" Quote: "Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades later, American and Iraqi officials said they have decided it was time to bring Iraq's banking system into compliance with global money-transfer practices." [Post 2 of 2]
1-20-2023 Newshound Guru Clare Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" Quote: "the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by Iraqi commercial banks in November 2022, in a step to reduce money laundering and illegal seizure of dollars that go to Iran and other countries in the Middle East that are subject to severe sanctions.” [Post 1 of 2...stay tuned]
1-20-2023 Intel Guru MarkZ [via PDK] I am still hearing nothing negative…but it’s still quiet on the RV front. We had a flurry of information last week and now we seem to be in a lull. I assume it’s because of the NDA’s that went out... I’m not panicking…I am definitely not thinking it’s delayed to 2024…NONE of my contacts think it any way will go in 2024…
1-20-2023 Newshound Guru Militia Man They're about to make a change and it's expected not only by the citizens but also by the Ministries. They're all expecting something to happen from the CBI...
1-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI came out and spoke because everyone is pointing fingers at the CBI. All they keep saying is the rise is for a reason. It's for the new electronic platforms that were in place to make sure that the dollar reached the one who needed it and not through other means illegally. This is absolutely new... streets are beginning to now start talking about how CBI is hurting every day citizens. FRANK: I don't blame you that you went to the CBI and you protested...The platforms that they're talking to you about, are where the dinar is going to float. There's nothing wrong with you as a citizen to put pressure on the CBI...
1-20-2023 Newshound Guru Henig "The dollar has gone down... the dollar has gone down"... cheers from the audience as Al-Sudani entered the Basra stadium" Quote: "the audience chanted: "Download the dollar...Download the dollar" in the dialect." IMO: Very poor translation in the headline there. It's not past tense, as the headline wants to show. They're calling for the Dollar to be devalued...
1-20-2023 Intel Guru MarkZ [via PDK] I am still being told the process is going…the process is working. And I cannot find anybody who thinks it will go as long as 2024. So please quit worrying about that.
1-20-2023 Intel Guru Frank26 Question: "Is [A currency book] how banks in the United States are going to check for counterfeit bills? Or should we find a bank with some sort of machine?" Some will send them off to the mother bank if it's a small bank. That's why I encourage you to go to a big bank. Some of them might use just the currency book and that would probably be the smaller banks...You just don't want to lose sight of your dinars wherever you go. If you give them, they better give you the equivalent in American money. Don't let them take your dinars...
1-20-2023 Intel Guru MarkZ [via PDK] Please treat...as rumors as they are clouding things on purpose… A contact in Iraq gave me a rate. And somebody else gave me a “heads up” from what one of their Scandinavian bankers told them on Iraq and the possibility of a NEER rate. I am being told they are pushing hard for a full RV reset but that Iraq is prepared again if the reset is stalled to release the NEER. The latest value I am hearing from 3 different sources is $1.66 if they pull a NEER (Nominal Effective Exchange Rate)...I am hearing this from two different European contacts and someone in Iraq...their comments about the NEER today gave me warm fuzzies to know that something is going to move forward no matter what. My contact over there still says they have every expectation of going by the 31st...
1-20-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-20-2023 Newshound Guru Pimpy I said, 'Did they say why they were destroying them?' He didn't know why but their job was to protect their currency and so he had to log in a list of serial numbers and they were destroying it. He said they destroyed a ton of it. Even though it says there's 157 trillion dinars that are in circulation how many of them are actually in circulation? ...that's one of the question I have. I know this for a fact Iraq was trying really hard to figure out what is and is not in the hands of speculators and how many dinars are actually out there... [Post 2 of 2]
1-20-2023 Newshound Guru Pimpy The truth of the matter is we have no idea how much Iraqi currency is in circulation. I've read articles talking about for...5 or 6 years Iraq was spending somewhere in the neighborhood of a billion dollars...buying the dinars back and destroying them... [a] soldier was telling his friend that when he was in Iraq...he had to log in their currencies as they destroyed it. As soon as he said that I asked him about it. I said, 'You're talking about the new [dinar]? The dinars of today?' He said, yeah. [Post 1 of 2....stay tuned]
1-20-2023 Intel Guru Bruce [via WiserNow] ...the so called Super whales - wow that's got to be a big player...started being paid out and given access to funds... Wednesday...And it's continuing now...the good news is ...we don't have to wait on the Super whales to be paid out...we could start exchanges possibly as early as tomorrow [Friday] or Saturday... Things are looking very strong for us right now...I'm excited because I think we're finally...coming down the homestretch...and we're getting ready to let her fly.
1-20-2023 Newshound Guru Kaperoni I remind people...Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency in circulation first.
1-20-2023 Intel Guru Frank26 Article: "For the first time... $100 jumps over 165,000 dinars in Iraq" THE USD EXCHANGE RATE WILL FLUCTUATE UNTIL THE IQD FLOATS INTERNATIONALLY.
1-20-2023 Newshound Guru Clare Article 2: "Iraq Economy Reels as U.S. Moves Against Money Flows to Iran -- WSJ" Quote: "Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades later, American and Iraqi officials said they have decided it was time to bring Iraq's banking system into compliance with global money-transfer practices." [Post 2 of 2]
1-20-2023 Newshound Guru Clare Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" Quote: "the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by Iraqi commercial banks in November 2022, in a step to reduce money laundering and illegal seizure of dollars that go to Iran and other countries in the Middle East that are subject to severe sanctions.” [Post 1 of 2...stay tuned]
1-20-2023 Intel Guru MarkZ [via PDK] I am still hearing nothing negative…but it’s still quiet on the RV front. We had a flurry of information last week and now we seem to be in a lull. I assume it’s because of the NDA’s that went out... I’m not panicking…I am definitely not thinking it’s delayed to 2024…NONE of my contacts think it any way will go in 2024…
1-20-2023 Newshound Guru Militia Man They're about to make a change and it's expected not only by the citizens but also by the Ministries. They're all expecting something to happen from the CBI...
1-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI came out and spoke because everyone is pointing fingers at the CBI. All they keep saying is the rise is for a reason. It's for the new electronic platforms that were in place to make sure that the dollar reached the one who needed it and not through other means illegally. This is absolutely new... streets are beginning to now start talking about how CBI is hurting every day citizens. FRANK: I don't blame you that you went to the CBI and you protested...The platforms that they're talking to you about, are where the dinar is going to float. There's nothing wrong with you as a citizen to put pressure on the CBI...
1-20-2023 Newshound Guru Henig "The dollar has gone down... the dollar has gone down"... cheers from the audience as Al-Sudani entered the Basra stadium" Quote: "the audience chanted: "Download the dollar...Download the dollar" in the dialect." IMO: Very poor translation in the headline there. It's not past tense, as the headline wants to show. They're calling for the Dollar to be devalued...
1-20-2023 Intel Guru MarkZ [via PDK] I am still being told the process is going…the process is working. And I cannot find anybody who thinks it will go as long as 2024. So please quit worrying about that.
1-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-19-2023 Intel Guru Frank26 Bank story from Montana: My husband and I went to our local Stockman Bank last week. The currency exchange person at the bank confirmed we can exchange our IQDs with them when we are ready. She explained they will verify the bills in-house using their currency book. She said they don't have a machine to check the bills...It's in Stockman Bank in Billings Montana...the other thing that was crazy to us is that they told us they're only charging $30 for the exchange. No fees will be taken from our exchange with them.
1-19-2023 Intel Guru MarkZ [via PDK] There is still zero negative news…I did get a little news out of Iraq…I got a big chuckle when I said “Hey, people are very concerned that isn’t going to go until 2024.” I have a great contact over there in the finance ministry…and he told me there is no way they are waiting. He said “If the rest of the world isn’t ready …you could absolutely expect them to at least do a NEER (Nominal Effective Exchange Rate of about $1.60).
1-19-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-19-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and has an ongoing agreement with the U.S. government.
1-19-2023 Guest Guru BobTheTaxMan The [Modern day] IQD...replaced the previous currency that once had a value of $3.75 (that was an inflated price that was brought into play by Saddam. It wasn't justifiable and reality price)... [The IQD now] is considered to be under a managed float with little change in the value for the last two decades. The value is small at this point in time. The CBI...in recent years have stated they could support a $1.17...
1-19-2023 Newshound Guru Henig Article: "Economic: Reducing the price of the dollar outside the ability of the government and the central bank" IMO: This article is in the category of FUD: Fear, Uncertainty, and Doubt. By saying that there's nothing anyone in Iraq can do about their own currency, they spread a feeling of hopelessness among the Iraqi people--and among investors in the Dinar. When investors feel hopeless, they start looking for the exits. That's the point of stories like this...This is an intentional strategy. Recognize and understand.
1-19-2023 Intel Guru MarkZ [via PDK] "Iraq dinar plunges to a new low despite the government measures.” They are under pressure …and imo the Iraqi people are more than a little frustrated because they were expecting the change in the dinar value to have happened already.
1-19-2023 Newshound Guru Clare Article: "For the first time... $100 jumps over 165,000 dinars in Iraq " Quote: "The exchange rates of the US dollar against the Iraqi dinar jumped today, Thursday, in the main stock exchange in the capital, Baghdad, and in Erbil, the capital of Kurdistan Region, to record more than 165,000 dinars.
1-19-2023 Newshound Guru Militia Man All the things we're seeing right now are pointing to a picture Iraq is about to make a move with their exchange rate and the reasons why they're keeping it quiet is because it's sensitive. It's not the CBI's job to come out and tell you exactly what they're going to do...
1-19-2023 Intel Guru MarkZ [via PDK] I am still getting exceptionally positive news from every corner of the world. Every paymaster…every bank contact…. They all expect it in the month of January. So the PTB better get awfully busy.
1-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's gone from bad to worse on the streets. The markets are calling for something to be done. A lot of pointing at the CBI and their failure of handling the exchange rate. More and more hate is coming at the CBI. FRANK: Unfortunately...you have to suffer right now in order to prosper very soon...
1-19-2023 Newshound Guru Kaperoni [via Zig] ...The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines... Only the IMF would work with Iraq regarding monetary policy and nobody is telling Iraq to change the value of their exchange rate... In fact, it was agreed upon that it would stay the same for a few more years... Only with the success and growth of Iraq diversifying their economy will Iraq float the dinar... They have a lot of work to do including passing over 100 stalled laws to encourage investment that they keep saying they're going to pass but they never do... Until that happens the dinar will remain weak...
1-19-2023 Newshound/Intel Guru Mnt Goat The German engineering company (Siemens) is a pioneer in the field of energy production, and it has a plan to raise the rates of electricity supply to Iraq...Why is this so important to us as investors in the dinar? Modern banking is all electronic...Even to conduct electronic transfers of funds needs the electric grid up and running 24/7. Once Iraq goes international this will be a necessity...
1-19-2023 Intel Guru Frank26 Bank story from Montana: My husband and I went to our local Stockman Bank last week. The currency exchange person at the bank confirmed we can exchange our IQDs with them when we are ready. She explained they will verify the bills in-house using their currency book. She said they don't have a machine to check the bills...It's in Stockman Bank in Billings Montana...the other thing that was crazy to us is that they told us they're only charging $30 for the exchange. No fees will be taken from our exchange with them.
1-19-2023 Intel Guru MarkZ [via PDK] There is still zero negative news…I did get a little news out of Iraq…I got a big chuckle when I said “Hey, people are very concerned that isn’t going to go until 2024.” I have a great contact over there in the finance ministry…and he told me there is no way they are waiting. He said “If the rest of the world isn’t ready …you could absolutely expect them to at least do a NEER (Nominal Effective Exchange Rate of about $1.60).
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1-19-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and has an ongoing agreement with the U.S. government.
1-19-2023 Guest Guru BobTheTaxMan The [Modern day] IQD...replaced the previous currency that once had a value of $3.75 (that was an inflated price that was brought into play by Saddam. It wasn't justifiable and reality price)... [The IQD now] is considered to be under a managed float with little change in the value for the last two decades. The value is small at this point in time. The CBI...in recent years have stated they could support a $1.17...
1-19-2023 Newshound Guru Henig Article: "Economic: Reducing the price of the dollar outside the ability of the government and the central bank" IMO: This article is in the category of FUD: Fear, Uncertainty, and Doubt. By saying that there's nothing anyone in Iraq can do about their own currency, they spread a feeling of hopelessness among the Iraqi people--and among investors in the Dinar. When investors feel hopeless, they start looking for the exits. That's the point of stories like this...This is an intentional strategy. Recognize and understand.
1-19-2023 Intel Guru MarkZ [via PDK] "Iraq dinar plunges to a new low despite the government measures.” They are under pressure …and imo the Iraqi people are more than a little frustrated because they were expecting the change in the dinar value to have happened already.
1-19-2023 Newshound Guru Clare Article: "For the first time... $100 jumps over 165,000 dinars in Iraq " Quote: "The exchange rates of the US dollar against the Iraqi dinar jumped today, Thursday, in the main stock exchange in the capital, Baghdad, and in Erbil, the capital of Kurdistan Region, to record more than 165,000 dinars.
1-19-2023 Newshound Guru Militia Man All the things we're seeing right now are pointing to a picture Iraq is about to make a move with their exchange rate and the reasons why they're keeping it quiet is because it's sensitive. It's not the CBI's job to come out and tell you exactly what they're going to do...
1-19-2023 Intel Guru MarkZ [via PDK] I am still getting exceptionally positive news from every corner of the world. Every paymaster…every bank contact…. They all expect it in the month of January. So the PTB better get awfully busy.
1-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's gone from bad to worse on the streets. The markets are calling for something to be done. A lot of pointing at the CBI and their failure of handling the exchange rate. More and more hate is coming at the CBI. FRANK: Unfortunately...you have to suffer right now in order to prosper very soon...
1-19-2023 Newshound Guru Kaperoni [via Zig] ...The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines... Only the IMF would work with Iraq regarding monetary policy and nobody is telling Iraq to change the value of their exchange rate... In fact, it was agreed upon that it would stay the same for a few more years... Only with the success and growth of Iraq diversifying their economy will Iraq float the dinar... They have a lot of work to do including passing over 100 stalled laws to encourage investment that they keep saying they're going to pass but they never do... Until that happens the dinar will remain weak...
1-19-2023 Newshound/Intel Guru Mnt Goat The German engineering company (Siemens) is a pioneer in the field of energy production, and it has a plan to raise the rates of electricity supply to Iraq...Why is this so important to us as investors in the dinar? Modern banking is all electronic...Even to conduct electronic transfers of funds needs the electric grid up and running 24/7. Once Iraq goes international this will be a necessity...
1-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-18-2023 Intel Guru Bruce [via WiserNow] Certainly in the next couple days, maybe more. We should be moving into the position of setting appointments and getting our exchanges started...Now one little side note here, There will be toll free numbers...if anybody doesn't know that by now and are saying something different they really don't understand what the heck's going on...Most of the banks are very quiet right now...No news is good news...So I'm excited about it, guys. I'm very excited... I feel we're finally there...[See Guru Frank26's counter perspective below - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-18-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-18-2023 Newshound Guru Kaperoni There is no new exchange rate. At least not for the time being. What Iraq is trying to do now is provide stability with the exchange rate. Until Iraq diversifies their economy, increases GDP there will be no change in the exchange rate.
1-18-2023 Intel Guru MarkZ [via PDK] [My Banking Contact at Wells Fargo Says The RV Exchange Process Will be in full mode by Feb 1.] that would exactly fit with what most of my banking contacts are telling me right now. So I believe we have to go before then so it’s in full swing by the 1st.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is still talking that the exchange rate will soon return to normal.
1-18-2023 Newshound Guru Sandy Ingram Iraqi banks have had to comply with certain criteria of the SWIFT International Transfer System in order to access their foreign reserves. This foreign reserve is $100 billion is held at the U.S. federal reserve. You can see the U.S. is playing a part in helping Iraq to grow stronger financially.
1-18-2023 Newshound Guru Militia Man The CBI will have to make an exchange rate change...They've said they were going to redenominate their currency to match the region and we expect that to happen relatively soon. They publicly stated they may be doing a 20K note but we believe it's not the truth because there's no other countries in the region that use 20k notes. We believe that the redenomination that the central bank has told us they were going to do will be part of the plan of the project to delete the zeros off the exchange rate and go into a new international world.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said don't worry...they're just practicing the float. It's probably going to go back to 1180 at first but don't worry. Watch it go from 1 to 1 and then a float should begin. Let's watch for the move to 1180 or close to that and see from there.
1-18-2023 Intel Guru MarkZ [via PDK] Here is an older article...”The Central bank announces the imminent introductions of large quantities of small denominations of the currency” ...a lot of folks out there believe the RV won’t happen until the LD’s are released. 4-5 years ago the Iraqi budget showed receipts where they had spent big money with DeLaRue to print lower denominations. We had pictures of contracts for those back then. So lower denominations are done and created...This article will give you an idea of how ready Iraq is …they are sitting in preparation for this. This article is from 2018. So they have been prepared since at least 2018 for this revaluation.
1-18-2023 Newshound Guru Clare Article: "A new announcement by the Central Bank on the exchange rate of the dollar" Quote: "The bank's advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: 'The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes.'"
1-18-2023 Newshound Guru Samson Article: "A deputy sets a condition for voting on the 2023 budget related to the dollar exchange rate" REDUCE THE DOLLAR TO THE DINAR
1-18-2023 Intel Guru Frank26 There is no "800#". That's stupid...take your credit card, turn it around, there's your 800# for the bank. Call them and ask them if they are exchanging the Iraqi dinar. Don't do it now. You know better than that. [See Guru Bruce's counter perspective above - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-18-2023 Intel Guru Bruce [via WiserNow] Certainly in the next couple days, maybe more. We should be moving into the position of setting appointments and getting our exchanges started...Now one little side note here, There will be toll free numbers...if anybody doesn't know that by now and are saying something different they really don't understand what the heck's going on...Most of the banks are very quiet right now...No news is good news...So I'm excited about it, guys. I'm very excited... I feel we're finally there...[See Guru Frank26's counter perspective below - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-18-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-18-2023 Newshound Guru Kaperoni There is no new exchange rate. At least not for the time being. What Iraq is trying to do now is provide stability with the exchange rate. Until Iraq diversifies their economy, increases GDP there will be no change in the exchange rate.
1-18-2023 Intel Guru MarkZ [via PDK] [My Banking Contact at Wells Fargo Says The RV Exchange Process Will be in full mode by Feb 1.] that would exactly fit with what most of my banking contacts are telling me right now. So I believe we have to go before then so it’s in full swing by the 1st.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is still talking that the exchange rate will soon return to normal.
1-18-2023 Newshound Guru Sandy Ingram Iraqi banks have had to comply with certain criteria of the SWIFT International Transfer System in order to access their foreign reserves. This foreign reserve is $100 billion is held at the U.S. federal reserve. You can see the U.S. is playing a part in helping Iraq to grow stronger financially.
1-18-2023 Newshound Guru Militia Man The CBI will have to make an exchange rate change...They've said they were going to redenominate their currency to match the region and we expect that to happen relatively soon. They publicly stated they may be doing a 20K note but we believe it's not the truth because there's no other countries in the region that use 20k notes. We believe that the redenomination that the central bank has told us they were going to do will be part of the plan of the project to delete the zeros off the exchange rate and go into a new international world.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said don't worry...they're just practicing the float. It's probably going to go back to 1180 at first but don't worry. Watch it go from 1 to 1 and then a float should begin. Let's watch for the move to 1180 or close to that and see from there.
1-18-2023 Intel Guru MarkZ [via PDK] Here is an older article...”The Central bank announces the imminent introductions of large quantities of small denominations of the currency” ...a lot of folks out there believe the RV won’t happen until the LD’s are released. 4-5 years ago the Iraqi budget showed receipts where they had spent big money with DeLaRue to print lower denominations. We had pictures of contracts for those back then. So lower denominations are done and created...This article will give you an idea of how ready Iraq is …they are sitting in preparation for this. This article is from 2018. So they have been prepared since at least 2018 for this revaluation.
1-18-2023 Newshound Guru Clare Article: "A new announcement by the Central Bank on the exchange rate of the dollar" Quote: "The bank's advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: 'The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes.'"
1-18-2023 Newshound Guru Samson Article: "A deputy sets a condition for voting on the 2023 budget related to the dollar exchange rate" REDUCE THE DOLLAR TO THE DINAR
1-18-2023 Intel Guru Frank26 There is no "800#". That's stupid...take your credit card, turn it around, there's your 800# for the bank. Call them and ask them if they are exchanging the Iraqi dinar. Don't do it now. You know better than that. [See Guru Bruce's counter perspective above - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-17-2023 Intel Guru MarkZ [via PDK] very little RV News happening…. Some meetings happening tonight…But it has been exceptionally quiet today… Maybe that is a good thing…most of my calls are going straight to voice mail...it may be a good sign. But there is nothing negative at all.
1-17-2023 Newshound Guru Kaperoni Over the last week or so there's been a lot of discussion with Iraq completing the documentation for accession to the WTO.
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1-17-2023 Newshound Guru Militia Man In county of Iraq they don't have the ability to use dollars anymore. The U.S. Federal Reserve Bank has stopped the way they are allowed to do dollar auctions in the country...that puts pressure on the citizens because the local exchange rate is going down which is causing them to pay more for goods and services. The U.S. fed...is creating an environment that's forcing the country effectively to get off the dollar...foods are going sky-high...it's creating that environment where the CBI is going to have to make an exchange change and it's going to have to happen quickly.
1-17-2023 Intel Guru MarkZ [via PDK] I just got an email from Dr. Scott Young: “Every member of congress holds unbelievable amounts of dinar dong, zim ect….” I know a number of politicians that are holding pretty sizable amounts of currency.
1-17-2023 Newshound Guru Pimpy Looks like Al-Sudani is fast stepping all kinds of projects to help them get away from relying so much on the oil revenue, which is something we've been waiting for now for a few years-decades. But we saw Al-Kazemi trying to make the effort to move forward and didn't have the type of support Al-Sudani does. It looks like Al-Sudani is fast tracking all of this work which is outstanding for anybody invested in Iraqi dinar and even more so for the Iraqi people...
1-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking why the exchange rate has been up and down since November and the government officials say it's for the new system. The new system is called SWIFT...Iraq is actually floating its rate inside of Iraq right now. FRANK: This is the education we told you about. The monetary reform education.
1-17-2023 Intel Guru MarkZ [via PDK] It’s been very quiet on the RV front...not hearing anything on timing for us yet…I know we are all very frustrated with waiting. [Mark, do you think we will go this week.] I have been asked to keep the range “wide” but yes, think there is a good chance.
1-17-2023 Newshound Guru Sandy Ingram The official IQD exchange rate has been fixed at 1470 Iraqi dinars against 1 U.S. dollar. Now the currency was trading at up to 1600 on local markets from mid-November before settling at around 1570 dinars. Now you're asking yourself, 'What's the big deal? It's only a small small change?' Wrong! It's a major big deal. It has sent panic waves through Iraq because of the increase in the cost of imports goods, wheat and gas...
1-17-2023 Newshound/Intel Guru Mnt Goat Article: "RULE OF LAW: THE 2023 BUDGET WILL BE PASSED IN RECORD TIME" I don’t know how they tell time in Iraq. They must have watches on some kind of delay mechanisms to set them months back from reality…lol... Heck they all know that the budget will NOT get done in record time as it NEVER is done in record time and they say this each year that it will. Go figure.
1-17-2023 Guest Guru Sah Yes they are out of chapter 7 formally a few months back. IMF stated that Iraq did overpay and was paid back about 7 million and was taken off Chapter 7 and submitted to the UN. It was one of the requirements the IMF made for them to go international...
Click here to learn more >>
1-17-2023 Intel Guru MarkZ [via PDK] very little RV News happening…. Some meetings happening tonight…But it has been exceptionally quiet today… Maybe that is a good thing…most of my calls are going straight to voice mail...it may be a good sign. But there is nothing negative at all.
1-17-2023 Newshound Guru Kaperoni Over the last week or so there's been a lot of discussion with Iraq completing the documentation for accession to the WTO.
1-17-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-17-2023 Newshound Guru Militia Man In county of Iraq they don't have the ability to use dollars anymore. The U.S. Federal Reserve Bank has stopped the way they are allowed to do dollar auctions in the country...that puts pressure on the citizens because the local exchange rate is going down which is causing them to pay more for goods and services. The U.S. fed...is creating an environment that's forcing the country effectively to get off the dollar...foods are going sky-high...it's creating that environment where the CBI is going to have to make an exchange change and it's going to have to happen quickly.
1-17-2023 Intel Guru MarkZ [via PDK] I just got an email from Dr. Scott Young: “Every member of congress holds unbelievable amounts of dinar dong, zim ect….” I know a number of politicians that are holding pretty sizable amounts of currency.
1-17-2023 Newshound Guru Pimpy Looks like Al-Sudani is fast stepping all kinds of projects to help them get away from relying so much on the oil revenue, which is something we've been waiting for now for a few years-decades. But we saw Al-Kazemi trying to make the effort to move forward and didn't have the type of support Al-Sudani does. It looks like Al-Sudani is fast tracking all of this work which is outstanding for anybody invested in Iraqi dinar and even more so for the Iraqi people...
1-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking why the exchange rate has been up and down since November and the government officials say it's for the new system. The new system is called SWIFT...Iraq is actually floating its rate inside of Iraq right now. FRANK: This is the education we told you about. The monetary reform education.
1-17-2023 Intel Guru MarkZ [via PDK] It’s been very quiet on the RV front...not hearing anything on timing for us yet…I know we are all very frustrated with waiting. [Mark, do you think we will go this week.] I have been asked to keep the range “wide” but yes, think there is a good chance.
1-17-2023 Newshound Guru Sandy Ingram The official IQD exchange rate has been fixed at 1470 Iraqi dinars against 1 U.S. dollar. Now the currency was trading at up to 1600 on local markets from mid-November before settling at around 1570 dinars. Now you're asking yourself, 'What's the big deal? It's only a small small change?' Wrong! It's a major big deal. It has sent panic waves through Iraq because of the increase in the cost of imports goods, wheat and gas...
1-17-2023 Newshound/Intel Guru Mnt Goat Article: "RULE OF LAW: THE 2023 BUDGET WILL BE PASSED IN RECORD TIME" I don’t know how they tell time in Iraq. They must have watches on some kind of delay mechanisms to set them months back from reality…lol... Heck they all know that the budget will NOT get done in record time as it NEVER is done in record time and they say this each year that it will. Go figure.
1-17-2023 Guest Guru Sah Yes they are out of chapter 7 formally a few months back. IMF stated that Iraq did overpay and was paid back about 7 million and was taken off Chapter 7 and submitted to the UN. It was one of the requirements the IMF made for them to go international...
1-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-16-2023 Intel Guru Frank26 How long with the float last? ...6 months - a year. They'll give it plenty of time. They are not just going to stop it without telling you. But they will start it without telling you.
1-16-2023 Intel Guru MarkZ [via PDK] ...folks in groups are expecting a lot to happen tomorrow. I think they are still premature…but there has been fantastic chatter. I am not hearing anything negative…I’m just trying to keep us all grounded. Its been an encouraging day…nothing negative and nothing earth shattering either. I was really expecting a lot more today...Based on everything I am seeing I am fairly confident we will be going in January. My contacts may have egg on their faces by next week if we have not already gone by then. But, we are watching serious solid progress day in and day out….
1-16-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-16-2023 Newshound Guru Samson Article: "Al-Nusairi announces the release of his new book, "The Central Bank of Iraq...The Journey of Challenges and Achievements 2003-2022" Quote: "The book reviews the challenges that the Central Bank of Iraq faced during twenty years, the policies, programs and strategies it adopted and the achievements that achieved its goals"
1-16-2023 Newshound Guru Clare IMO WE ARE AT THE END...
1-16-2023 Intel Guru MarkZ [via PDK] From iraq: “Muthana Amin: The draft budget should reach parliament this month” The reason I post and share these is just going back to the fundamentals in Iraq…Iraq is pushing to change their value…. They want to change their value…they need to change their value. They need to reinstate their old value or revalue significantly the current value…and that is what they are working on.
1-16-2023 Newshound Guru Pimpy Article: "What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?" Having large amounts of reserves in gold strengthens your currency...why is the dinar losing value to the U.S. dollar? Quote: "...the currency lost about 10% of its value. This decline is not huge but it's starting to worry Iraqis about the price of imported goods..."
1-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] Will the Iraqi dinar come out at a program rate in the basket? I don't know but we do know Kuwait said to the IMF we have an agreement. The agreement was the value of the Iraqi dinar cannot be higher than our value. Therefore, it is not in the realm of impossibility to consider that it would be $3+ like the other Arab country currencies. The agreement was the value would not be more than the AAD (The Arab Accounting Dinar). These things were agreed upon a long time ago for the events that are happening right now...
1-16-2023 Intel Guru MarkZ [via PDK] ...let’s talk about what I heard over the weekend. Lots of progress in positioning and putting funds in place...The banking system is robust in the US and are moving forward quickly. They are already prepared. (for the most part) My sources told me this weekend that South America, Central America, and Europe bankers were scrambling to be prepared for “any moment” …maybe as early as tomorrow... we are well within the window for it to “GO”. I am still excited about the regular, steady progress we are seeing. I am not expecting the RV today…but I am expecting it very soon.
1-16-2023 Intel Guru Frank26 Article: "THE CENTRAL BANK CALLS ON EXCHANGE COMPANIES IN "KURDISTAN" TO ADAPT TO ITS INSTRUCTIONS AND THREATENS VIOLATORS" CBI GIVES FINAL INSTRUCTIONS ON THE MONETARY REFORM TO ALL OF ITS BANKS
1-16-2023 Newshound Guru Sandy Ingram International news feeds light up with details on the Iraqi PM statement on US troops. Article: "Iraqi PM backs indefinite US troop presence in country" Quote: "Iraq would like similar relations with Washington to those enjoyed by Saudi Arabia and other Persian Gulf oil and gas producers says Iraqi Prime Minister Mohammed al-Sudani"
1-16-2023 Newshound Guru Pimpy Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22...there's nothing out there that guarantees the rate at $3.22. I say that hesitantly because in an article they tell you why the rate is going to be reinstated at $3.22 and they're using quotes from individuals who are part of the United Nations and the whole nine yards...there's places within the article which I'm going to have to elaborate a little more so people are not misled...I realize you guys..are grown adults...I'm going to elaborate more and point out why there's some concerns about something being said in there... [Stay tuned for Guru Pimpy's elaboration]
Click here to learn more >>
1-16-2023 Intel Guru Frank26 How long with the float last? ...6 months - a year. They'll give it plenty of time. They are not just going to stop it without telling you. But they will start it without telling you.
1-16-2023 Intel Guru MarkZ [via PDK] ...folks in groups are expecting a lot to happen tomorrow. I think they are still premature…but there has been fantastic chatter. I am not hearing anything negative…I’m just trying to keep us all grounded. Its been an encouraging day…nothing negative and nothing earth shattering either. I was really expecting a lot more today...Based on everything I am seeing I am fairly confident we will be going in January. My contacts may have egg on their faces by next week if we have not already gone by then. But, we are watching serious solid progress day in and day out….
1-16-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-16-2023 Newshound Guru Samson Article: "Al-Nusairi announces the release of his new book, "The Central Bank of Iraq...The Journey of Challenges and Achievements 2003-2022" Quote: "The book reviews the challenges that the Central Bank of Iraq faced during twenty years, the policies, programs and strategies it adopted and the achievements that achieved its goals"
1-16-2023 Newshound Guru Clare IMO WE ARE AT THE END...
1-16-2023 Intel Guru MarkZ [via PDK] From iraq: “Muthana Amin: The draft budget should reach parliament this month” The reason I post and share these is just going back to the fundamentals in Iraq…Iraq is pushing to change their value…. They want to change their value…they need to change their value. They need to reinstate their old value or revalue significantly the current value…and that is what they are working on.
1-16-2023 Newshound Guru Pimpy Article: "What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?" Having large amounts of reserves in gold strengthens your currency...why is the dinar losing value to the U.S. dollar? Quote: "...the currency lost about 10% of its value. This decline is not huge but it's starting to worry Iraqis about the price of imported goods..."
1-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] Will the Iraqi dinar come out at a program rate in the basket? I don't know but we do know Kuwait said to the IMF we have an agreement. The agreement was the value of the Iraqi dinar cannot be higher than our value. Therefore, it is not in the realm of impossibility to consider that it would be $3+ like the other Arab country currencies. The agreement was the value would not be more than the AAD (The Arab Accounting Dinar). These things were agreed upon a long time ago for the events that are happening right now...
1-16-2023 Intel Guru MarkZ [via PDK] ...let’s talk about what I heard over the weekend. Lots of progress in positioning and putting funds in place...The banking system is robust in the US and are moving forward quickly. They are already prepared. (for the most part) My sources told me this weekend that South America, Central America, and Europe bankers were scrambling to be prepared for “any moment” …maybe as early as tomorrow... we are well within the window for it to “GO”. I am still excited about the regular, steady progress we are seeing. I am not expecting the RV today…but I am expecting it very soon.
1-16-2023 Intel Guru Frank26 Article: "THE CENTRAL BANK CALLS ON EXCHANGE COMPANIES IN "KURDISTAN" TO ADAPT TO ITS INSTRUCTIONS AND THREATENS VIOLATORS" CBI GIVES FINAL INSTRUCTIONS ON THE MONETARY REFORM TO ALL OF ITS BANKS
1-16-2023 Newshound Guru Sandy Ingram International news feeds light up with details on the Iraqi PM statement on US troops. Article: "Iraqi PM backs indefinite US troop presence in country" Quote: "Iraq would like similar relations with Washington to those enjoyed by Saudi Arabia and other Persian Gulf oil and gas producers says Iraqi Prime Minister Mohammed al-Sudani"
1-16-2023 Newshound Guru Pimpy Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22...there's nothing out there that guarantees the rate at $3.22. I say that hesitantly because in an article they tell you why the rate is going to be reinstated at $3.22 and they're using quotes from individuals who are part of the United Nations and the whole nine yards...there's places within the article which I'm going to have to elaborate a little more so people are not misled...I realize you guys..are grown adults...I'm going to elaborate more and point out why there's some concerns about something being said in there... [Stay tuned for Guru Pimpy's elaboration]
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1-15-2023 Intel Guru Frank26 Article: "The dollar is declining in the Iraqi market" REMEMBER WHAT WE TOLD YOU NOW THAT THE IQD IS DEPEGGED, THE USD WILL FLUCTUATE CONSTANTLY... UNTIL THE IQD FLOATS.
1-15-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are taking about new small category notes to the citizens of Iraq which means a new exchange rate to match them. You can't put new small category notes into the market without the current exchange rate. It won't work...
1-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-15-2023 Newshound Guru Breitling Iraq is still cranking. The powers that be in Iraq, the people with the authority, I haven't heard one of them say, 'This isn't going to work. We aren't going to add value to our currency. Maybe in 30 years.' Nothing. They're still on it. They're still very very enthusiastic about it. They need to weaponize their own currency is the language that they're using. So that's all good.
1-15-2023 Newshound/Intel Guru BGG Article: "Al-Fateh: Selling oil in currencies other than the US dollar is very possible" I have said this and said it and said it… This is not an unrealistic set of events. EVERYONE wants off the US Dollar. The question is, what will they get on? What if it were Dinar?!? WOW.
1-15-2023 Newshound Guru Kaperoni What law needs to be passed now? It's not what law, it's laws. They're over 100 outstanding laws in Iraq that need to be passed to encourage investment in Iraq. Nothing is happening with the dinar until Iraq develops a private sector economy!
1-15-2023 Intel Guru Frank26 Article: "In the document .. The Parliamentary Human Rights Committee calls on the Central Bank, the Ministry of Finance and the concerned authorities to reduce the price of the dollar". THE NEW EXCHANGE RATE AND THE NSCN's WILL SUFFOCATE THE VALUE OF THE DOLLAR IN IRAQ.
1-15-2023 Newshound Guru Pimpy If you want to have a stronger exchange rate for your currency you need a very stable government. You need a stable currency. You need a stable economy and having 94% of your budget relying on oil revenues is not a stable economy. Al-Kazemi went in there and changed it. It used to be like 98% relied on oil revenues and now it's down to 96%. It doesn't sound like much but that does make a difference. I like to see how far Al-Sudani is going to get. I'm sure he's doing anything and everything he can to make as much of an impression to the people of Iraq so when they go to early elections they'll consider him all over again...
1-15-2023 Newshound Guru Clare Article: "An expected visit of an Iraqi delegation to Washington, and the "Dinar and Dollar" file is at the forefront of the talks" Quote: "a high-ranking Iraqi delegation to visit the United States on the eighth of next February...The delegation, which includes economic officials and from the Central Bank, will hold meetings with senior US officials in Washington to discuss the issue of the dinar and the dollar, and the economic relations between the two countries,"
1-15-2023 Intel Guru Frank26 Question: "Is the exchange going to be taxed?" Oh, yeah! Have you ever made a capital gains where you never had to pay tax on it? Maybe on a different planet but not on Earth...if you exchange them inside of a year's purchase you'll be somewhere in the 40% tax range. But if you hold it and you have capital gain after one year of holding it you'll probably be in the 20% range. [NOTE: Other gurus feel it will be taxed as ordinary income not capital gains. At the appropriate time consult your tax professionals to determine the right tax for your unique circumstances.]
1-15-2023 Intel Guru MarkZ [via PDK] I am hearing from contacts in Iraq that they did indeed bring them in (bankers?) to update them on how they are going to handle the restoration of the rate. Restoring it to its old value. This is big – its absolutely enormous for us….
1-15-2023 Newshound/Intel Guru Mnt Goat ...the corruption in Iraq is affecting the reinstatement of the dinar...it is my full belief that we will not see the RV we are looking for until the corruption in Iraq is taken care of...
1-15-2023 Intel Guru Frank26 Article: "The dollar is declining in the Iraqi market" REMEMBER WHAT WE TOLD YOU NOW THAT THE IQD IS DEPEGGED, THE USD WILL FLUCTUATE CONSTANTLY... UNTIL THE IQD FLOATS.
1-15-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are taking about new small category notes to the citizens of Iraq which means a new exchange rate to match them. You can't put new small category notes into the market without the current exchange rate. It won't work...
1-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-15-2023 Newshound Guru Breitling Iraq is still cranking. The powers that be in Iraq, the people with the authority, I haven't heard one of them say, 'This isn't going to work. We aren't going to add value to our currency. Maybe in 30 years.' Nothing. They're still on it. They're still very very enthusiastic about it. They need to weaponize their own currency is the language that they're using. So that's all good.
1-15-2023 Newshound/Intel Guru BGG Article: "Al-Fateh: Selling oil in currencies other than the US dollar is very possible" I have said this and said it and said it… This is not an unrealistic set of events. EVERYONE wants off the US Dollar. The question is, what will they get on? What if it were Dinar?!? WOW.
1-15-2023 Newshound Guru Kaperoni What law needs to be passed now? It's not what law, it's laws. They're over 100 outstanding laws in Iraq that need to be passed to encourage investment in Iraq. Nothing is happening with the dinar until Iraq develops a private sector economy!
1-15-2023 Intel Guru Frank26 Article: "In the document .. The Parliamentary Human Rights Committee calls on the Central Bank, the Ministry of Finance and the concerned authorities to reduce the price of the dollar". THE NEW EXCHANGE RATE AND THE NSCN's WILL SUFFOCATE THE VALUE OF THE DOLLAR IN IRAQ.
1-15-2023 Newshound Guru Pimpy If you want to have a stronger exchange rate for your currency you need a very stable government. You need a stable currency. You need a stable economy and having 94% of your budget relying on oil revenues is not a stable economy. Al-Kazemi went in there and changed it. It used to be like 98% relied on oil revenues and now it's down to 96%. It doesn't sound like much but that does make a difference. I like to see how far Al-Sudani is going to get. I'm sure he's doing anything and everything he can to make as much of an impression to the people of Iraq so when they go to early elections they'll consider him all over again...
1-15-2023 Newshound Guru Clare Article: "An expected visit of an Iraqi delegation to Washington, and the "Dinar and Dollar" file is at the forefront of the talks" Quote: "a high-ranking Iraqi delegation to visit the United States on the eighth of next February...The delegation, which includes economic officials and from the Central Bank, will hold meetings with senior US officials in Washington to discuss the issue of the dinar and the dollar, and the economic relations between the two countries,"
1-15-2023 Intel Guru Frank26 Question: "Is the exchange going to be taxed?" Oh, yeah! Have you ever made a capital gains where you never had to pay tax on it? Maybe on a different planet but not on Earth...if you exchange them inside of a year's purchase you'll be somewhere in the 40% tax range. But if you hold it and you have capital gain after one year of holding it you'll probably be in the 20% range. [NOTE: Other gurus feel it will be taxed as ordinary income not capital gains. At the appropriate time consult your tax professionals to determine the right tax for your unique circumstances.]
1-15-2023 Intel Guru MarkZ [via PDK] I am hearing from contacts in Iraq that they did indeed bring them in (bankers?) to update them on how they are going to handle the restoration of the rate. Restoring it to its old value. This is big – its absolutely enormous for us….
1-15-2023 Newshound/Intel Guru Mnt Goat ...the corruption in Iraq is affecting the reinstatement of the dinar...it is my full belief that we will not see the RV we are looking for until the corruption in Iraq is taken care of...
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1-14-2023 Intel Guru Frank26 Community comment: "A float is never tied into a date because it's floating." A float has a starting date and that's what we're looking for next.
1-14-2023 Intel Guru MarkZ [via PDK] [Are you expecting the HCL signed tomorrow?] No I’m not…That would be to premature. The earliest I look for that is sometime this upcoming week. That being said…the CBI has been very clear…The exchange rate is in the hands of the CBI…they do not need the government. So they could do it with or without that being signed.
1-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-14-2023 Newshound Guru Pimpy I was watching this video on the black markets over there in Iraq...They were highlighting a female...She takes hundreds of U.S. dollars and buys Iraqi dinars. She's buying them on the black market for something ridiculous like 2,500 dinars for every dollar...the official exchange rate is 1,450 dinars for every dollar but she's getting 2,500 or more...She takes the dinars, brings them back to an individual who then resells them here in the United States for a premium...they're making money hand over fist. These are small time people working in the black market. You can imagine somebody on a much larger scale.
1-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] The retrieving of the 3-zeros has been very successful. When they lifted the value on December 20th 2 years ago it brought in a good portion of their 3-zero notes. They're satisfied but they'll continue to collect them. The monetary reform will continue even after they float.
1-14-2023 Newshound Guru Henig Article: "Obelisk Clock: Al-Maliki remains the strongest person in decision-making.. There are no differences between the framework and the Sudanese"
1-14-2023 Intel Guru MarkZ [via PDK] The news we are getting right now is pretty interesting stuff...I did speak to some bankers that say they have money positioned and ready. They are being told that all of their funds are prepared and ready. So they are waiting for that shoe to drop. I am getting very positive news …but don’t know what to tell you on timing yet guys. I know many that are ready and prepared to execute distributions. I think we have a lot coming in the next few days…stay calm.
1-14-2023 Intel Guru Frank26 Community comment "We are there." I agree with you...because I know where we are going and I know where you are going. The thing is that they have to tell you. They have to announce it and that's what they're doing...
1-14-2023 Newshound Guru Pimpy Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" This is a biggie...this is going to affect their currency in a positive way because now they are going to be a much bigger player on the International scene. This also allows them certain privileges especially ones that affect their exchange rate...looks like they're getting ready to finalize, at least this next stage they want to complete by this year. The future for Iraq is looking really good. It really is.
1-14-2023 Intel Guru Bruce [via WiserNow] what we're hearing is that we've gotten a 90% chance to be notified Friday, Saturday or Sunday and a 100% chance to be notified Monday, Tuesday or Wednesday...Monday is looking very good for us as a day to be notified.
1-14-2023 Intel Guru Frank26 Community comment: "A float is never tied into a date because it's floating." A float has a starting date and that's what we're looking for next.
1-14-2023 Intel Guru MarkZ [via PDK] [Are you expecting the HCL signed tomorrow?] No I’m not…That would be to premature. The earliest I look for that is sometime this upcoming week. That being said…the CBI has been very clear…The exchange rate is in the hands of the CBI…they do not need the government. So they could do it with or without that being signed.
1-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-14-2023 Newshound Guru Pimpy I was watching this video on the black markets over there in Iraq...They were highlighting a female...She takes hundreds of U.S. dollars and buys Iraqi dinars. She's buying them on the black market for something ridiculous like 2,500 dinars for every dollar...the official exchange rate is 1,450 dinars for every dollar but she's getting 2,500 or more...She takes the dinars, brings them back to an individual who then resells them here in the United States for a premium...they're making money hand over fist. These are small time people working in the black market. You can imagine somebody on a much larger scale.
1-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] The retrieving of the 3-zeros has been very successful. When they lifted the value on December 20th 2 years ago it brought in a good portion of their 3-zero notes. They're satisfied but they'll continue to collect them. The monetary reform will continue even after they float.
1-14-2023 Newshound Guru Henig Article: "Obelisk Clock: Al-Maliki remains the strongest person in decision-making.. There are no differences between the framework and the Sudanese"
1-14-2023 Intel Guru MarkZ [via PDK] The news we are getting right now is pretty interesting stuff...I did speak to some bankers that say they have money positioned and ready. They are being told that all of their funds are prepared and ready. So they are waiting for that shoe to drop. I am getting very positive news …but don’t know what to tell you on timing yet guys. I know many that are ready and prepared to execute distributions. I think we have a lot coming in the next few days…stay calm.
1-14-2023 Intel Guru Frank26 Community comment "We are there." I agree with you...because I know where we are going and I know where you are going. The thing is that they have to tell you. They have to announce it and that's what they're doing...
1-14-2023 Newshound Guru Pimpy Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" This is a biggie...this is going to affect their currency in a positive way because now they are going to be a much bigger player on the International scene. This also allows them certain privileges especially ones that affect their exchange rate...looks like they're getting ready to finalize, at least this next stage they want to complete by this year. The future for Iraq is looking really good. It really is.
1-14-2023 Intel Guru Bruce [via WiserNow] what we're hearing is that we've gotten a 90% chance to be notified Friday, Saturday or Sunday and a 100% chance to be notified Monday, Tuesday or Wednesday...Monday is looking very good for us as a day to be notified.
1-13-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-13-2023 Intel Guru MarkZ [via PDK] There are a huge number that are expecting something big within the next 24 hours or so. Please stay grounded. If we don’t see it tomorrow morning that doesn’t mean it’s not happening. That being said there is so much chatter right now… there is a mad dash going on, but I also hear from others to look at the 15th-16th. Try to relax as they are keeping it clouded on purpose. There is a lot of hype for this weekend so manage your expectations.
1-13-2023 Newshound Guru Paulette Let's hope that Sudani's GOI doesn't pass this budget prior to the currency being "reinstituted". If they do, there are still many windows of opportunity for the CBI to take action...If it gets all the way back to the Finance Minister and disbursements are made at 1450, this year certainly gets a little muddled as the budget is retroactive to January 1.
1-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-13-2023 Intel Guru Frank26 Question "Are they [ Iraq ] worried about speculators?" Yeah. It's only natural. They're already announcing what they are doing. It's no big surprise.
1-13-2023 Intel Guru MarkZ [via PDK] “KRG: The federal government to send Billions of dinar to Erbil ” This is all part of the HCL agreements. They are doing what they said they were going to do for years…. The HCL is moving forward to finalization so they can then give us our new rate.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK SETS A DATE FOR THE RETURN OF THE DOLLAR EXCHANGE TO “ NORMAL ” No! This 1470 is not normal. They have been on this program rate for so long now it has become the “normal”. It was supposed to be termporary and maybe for 5 years but here we are almost 2 decades later. Its time to execute the 2011 plan to reinstate it to the proper normal rate on FOREX...
1-13-2023 Newshound Guru Henig Article: "Including Iraq..Three countries will record the highest economic growth in 2023" Quote: "Despite the decline in the economic growth of the Arab countries, the bank stated that "Egypt, the UAE and Iraq have the highest economic growth rate among the other Arab countries during the year 2023, as their growth is expected to exceed 4%, while the growth rate of the rest of the Arab countries will decrease to less than 4%."
1-13-2023 Intel Guru Frank26 The budget waits for the new exchange rate. The exchange rate waits for no one. Everything, the contracts, investors, monetary reform of new currency, citizens, you, everybody, waits for the new exchange rate. The new exchange rate is primed and ready. Because of the fact that they told them they're going to give it to them...in my deep heart I feel that the meetings that occurred between [Guru Walkingstick's] #1 and #2 [bank friends' banks] gave all the next steps..
1-13-2023 Newshound Guru Pimpy Article: "Dollar prices fall in Baghdad and Erbil" This is the direction you want it to go into. When you hear the dollar is falling against the dinar that's what you want to hear. Quote: "...Baghdad recorded this morning 1572 dinars for every one dollar.." It was up to 1600. Now it's not much of a change but at least it's going in the right direction...the fact that the dollar is losing a little bit of ground is not surprising. It goes up and down like that so don't get too excited. I mean be happy about it but like everything else we're looking for consistency...
1-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar is floating internally inside of Iraq. That's the fluctuations you're seeing with the American dollar. When you see the American dollar fluctuating so violently against the IQD it's necessary. Don't let it upset you. It is part of the process...It's not a surprise. It's a factor that has been known and determined by the Central Bank of Iraq and it is being exposed to the citizens at this time in the education of the monetary reform...
1-13-2023 Intel Guru MarkZ [via PDK] “Iraqi government props up the value of the Iraqi dinar “ They are moving to stabilize it. They are talking of the value of 1455-1460 dinars per one USD…that does not mean this is the value we are going to get. They are trying to prop it up until the revaluation occurs.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "HOW IRAQ IS PAID FOR ITS OIL AND WHERE THE MONEY GOES...HOW THE PROCESS GOES" ...the daily transactions of dinar to dollars should be just enough to pay for imports needed for the economy of Iraq. The CBI knows what this amount is. We have been told it is about $20-30 million a day and so getting it down to this amount from $200 tells us lots of the past stolen money is no longer funneling out of Iraq. This is due mainly from the new currency auction platform recently put in place.
1-13-2023 Intel Guru MarkZ [via PDK] There are a huge number that are expecting something big within the next 24 hours or so. Please stay grounded. If we don’t see it tomorrow morning that doesn’t mean it’s not happening. That being said there is so much chatter right now… there is a mad dash going on, but I also hear from others to look at the 15th-16th. Try to relax as they are keeping it clouded on purpose. There is a lot of hype for this weekend so manage your expectations.
1-13-2023 Newshound Guru Paulette Let's hope that Sudani's GOI doesn't pass this budget prior to the currency being "reinstituted". If they do, there are still many windows of opportunity for the CBI to take action...If it gets all the way back to the Finance Minister and disbursements are made at 1450, this year certainly gets a little muddled as the budget is retroactive to January 1.
1-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-13-2023 Intel Guru Frank26 Question "Are they [ Iraq ] worried about speculators?" Yeah. It's only natural. They're already announcing what they are doing. It's no big surprise.
1-13-2023 Intel Guru MarkZ [via PDK] “KRG: The federal government to send Billions of dinar to Erbil ” This is all part of the HCL agreements. They are doing what they said they were going to do for years…. The HCL is moving forward to finalization so they can then give us our new rate.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK SETS A DATE FOR THE RETURN OF THE DOLLAR EXCHANGE TO “ NORMAL ” No! This 1470 is not normal. They have been on this program rate for so long now it has become the “normal”. It was supposed to be termporary and maybe for 5 years but here we are almost 2 decades later. Its time to execute the 2011 plan to reinstate it to the proper normal rate on FOREX...
1-13-2023 Newshound Guru Henig Article: "Including Iraq..Three countries will record the highest economic growth in 2023" Quote: "Despite the decline in the economic growth of the Arab countries, the bank stated that "Egypt, the UAE and Iraq have the highest economic growth rate among the other Arab countries during the year 2023, as their growth is expected to exceed 4%, while the growth rate of the rest of the Arab countries will decrease to less than 4%."
1-13-2023 Intel Guru Frank26 The budget waits for the new exchange rate. The exchange rate waits for no one. Everything, the contracts, investors, monetary reform of new currency, citizens, you, everybody, waits for the new exchange rate. The new exchange rate is primed and ready. Because of the fact that they told them they're going to give it to them...in my deep heart I feel that the meetings that occurred between [Guru Walkingstick's] #1 and #2 [bank friends' banks] gave all the next steps..
1-13-2023 Newshound Guru Pimpy Article: "Dollar prices fall in Baghdad and Erbil" This is the direction you want it to go into. When you hear the dollar is falling against the dinar that's what you want to hear. Quote: "...Baghdad recorded this morning 1572 dinars for every one dollar.." It was up to 1600. Now it's not much of a change but at least it's going in the right direction...the fact that the dollar is losing a little bit of ground is not surprising. It goes up and down like that so don't get too excited. I mean be happy about it but like everything else we're looking for consistency...
1-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar is floating internally inside of Iraq. That's the fluctuations you're seeing with the American dollar. When you see the American dollar fluctuating so violently against the IQD it's necessary. Don't let it upset you. It is part of the process...It's not a surprise. It's a factor that has been known and determined by the Central Bank of Iraq and it is being exposed to the citizens at this time in the education of the monetary reform...
1-13-2023 Intel Guru MarkZ [via PDK] “Iraqi government props up the value of the Iraqi dinar “ They are moving to stabilize it. They are talking of the value of 1455-1460 dinars per one USD…that does not mean this is the value we are going to get. They are trying to prop it up until the revaluation occurs.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "HOW IRAQ IS PAID FOR ITS OIL AND WHERE THE MONEY GOES...HOW THE PROCESS GOES" ...the daily transactions of dinar to dollars should be just enough to pay for imports needed for the economy of Iraq. The CBI knows what this amount is. We have been told it is about $20-30 million a day and so getting it down to this amount from $200 tells us lots of the past stolen money is no longer funneling out of Iraq. This is due mainly from the new currency auction platform recently put in place.
1-12-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-12-2023 Intel Guru Frank26 The confidence in the float, you've got to find that yourself. It will go out at 1. For someone that says, 'I'm going to wait until it goes up.' Fine. If you've got a lot of dinars you can afford to do that. If you don't have a lot of dinars you can't afford to do that IMO. Are you listening? I told you something without telling you.
1-12-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter about this evening on the banking side. I alluded to it last night. I think it may be premature by a couple days but we shall see. Tonight is highly possible according to some of my bank sources. They have seen interesting rates bouncing on the screens recently. The lower rate I gave you on the dong ($2.25-ish) may be inaccurate based on rates I heard this afternoon...they may be low. There is a chance though that we cross the finish line tonight. Again…it may be premature but I believe we are really close.
1-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-12-2023 Newshound Guru Samson Article: "Iraq is no longer obligated to receive oil revenues from the US Federal Reserve" The Shackles of Chapter VII are off - IRAQ GOING INTERNATIONAL.
1-12-2023 Newshound Guru Paulette Watch for when the GOI is going to pass the budget. I hope it is not until after the CBI..."Reinstitutes" their currency which must occur prior or simultaneous to the RI. I believe it will be prior with the RI to follow from 2 weeks to upwards of a year. I don't think a year is likely but Shabbibi said that inflation has to be monitored prior to moving ahead. I am hopeful that the CBI is currently doing that in their reported experiment in depegging from the USD.
1-12-2023 Intel Guru MarkZ [via PDK] In Iraq news “Dollar prices decline in Baghdad and Erbil” The US dollar started sliding in their local markets. For many years the rate did not slide…it did not move as it was pegged. We are watching this.
1-12-2023 Newshound Guru Henig Article: "Iraq among most prominent countries to buy gold in 2022" Quote: "Gold reserves in Iraq represent 8.7 percent of its total international reserves...Regarding the largest Arab countries owning gold, Saudi Arabia continued to lead the list as it possesses 323.1 tons, followed by Lebanon with 286.8 tons, followed by Algeria with 173.6 tons, then Iraq with 130.3 tons, and then Egypt with 125.5 tons."
1-12-2023 Intel Guru Frank26 IMO based on the fact that they already told them they're going to give them a new rate that would be compatible with the new currency that they're going to give them. They already told them about the float. They already told them about the coins. They already told them about the ATM machines...Are they still talking to the citizens and educating them all? Yeah - 'Go to this bank don't go to that bank' is one of the latest things they did...
1-12-2023 Newshound Guru Pimpy Article: "A new rise.. The exchange rate of the dollar is close to 160,000 dinars" 1,600 to 1 dollar is the wrong direction. Nothing that I would be panicking about...[but] definitely in the wrong direction. 1,600 is not what we want per dollar. The smaller that number gets the better it is for us...
1-12-2023 Intel Guru MarkZ [via PDK] Iraq has been fairly quiet… I am being told that banks over there as well as here in the US and all over the world have been getting redemption instructions over the last day or two. So they will be prepared for when it does occur. We still don’t have a solid theory on timing. I do hear they are still trying to do it before the 31st. They are keeping the timing broad on purpose so nobody knows the timing. The chatter continues to be very encouraging. The movement continues to be very encouraging...
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] The United States [side] had its own zoom meeting yesterday with [Walkingstick's former Firm's 1 and 2 owned banks]...with all their employees. Last week the meeting with the CBI was only with the [top] echelon, the owners and managers...now the managers yesterday had, well at least 1 and 2, had their meeting with their people, their employees...it's basically the ending process of what the banks have to do right now to introduce the new exchange rate and to introduce the new currency to the citizens. The education is pretty well set... [Post 2 of 2]
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] Last week the Central Bank met with all of its banks and gave them more instructions. In fact the article we call "the 2nd article from the CBI" that came out on Sunday telling the citizens we have a new currency, we have a new exchange rate we're about to give it to you, was discussed in the CBI meetings last week with all the banks - preparing them, putting them in the position that they needed to be. [Post 1 of 2...stay tuned]
1-12-2023 Newshound/Intel Guru RVAlready Article: "Parliament publishes the agenda for next Saturday's session" We must remember there is no requirement for the budget to RV. The CBI could launch the RV tomorrow morning.
1-12-2023 Newshound/Intel Guru Mnt Goat "THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR" It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside of Iraq thus eliminate the need to exchange the dinar for dollars to spend on obligations and purchases outside of Iraq...The pieces are all in place and so when will they pull the trigger?
1-12-2023 Intel Guru Frank26 The confidence in the float, you've got to find that yourself. It will go out at 1. For someone that says, 'I'm going to wait until it goes up.' Fine. If you've got a lot of dinars you can afford to do that. If you don't have a lot of dinars you can't afford to do that IMO. Are you listening? I told you something without telling you.
1-12-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter about this evening on the banking side. I alluded to it last night. I think it may be premature by a couple days but we shall see. Tonight is highly possible according to some of my bank sources. They have seen interesting rates bouncing on the screens recently. The lower rate I gave you on the dong ($2.25-ish) may be inaccurate based on rates I heard this afternoon...they may be low. There is a chance though that we cross the finish line tonight. Again…it may be premature but I believe we are really close.
1-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-12-2023 Newshound Guru Samson Article: "Iraq is no longer obligated to receive oil revenues from the US Federal Reserve" The Shackles of Chapter VII are off - IRAQ GOING INTERNATIONAL.
1-12-2023 Newshound Guru Paulette Watch for when the GOI is going to pass the budget. I hope it is not until after the CBI..."Reinstitutes" their currency which must occur prior or simultaneous to the RI. I believe it will be prior with the RI to follow from 2 weeks to upwards of a year. I don't think a year is likely but Shabbibi said that inflation has to be monitored prior to moving ahead. I am hopeful that the CBI is currently doing that in their reported experiment in depegging from the USD.
1-12-2023 Intel Guru MarkZ [via PDK] In Iraq news “Dollar prices decline in Baghdad and Erbil” The US dollar started sliding in their local markets. For many years the rate did not slide…it did not move as it was pegged. We are watching this.
1-12-2023 Newshound Guru Henig Article: "Iraq among most prominent countries to buy gold in 2022" Quote: "Gold reserves in Iraq represent 8.7 percent of its total international reserves...Regarding the largest Arab countries owning gold, Saudi Arabia continued to lead the list as it possesses 323.1 tons, followed by Lebanon with 286.8 tons, followed by Algeria with 173.6 tons, then Iraq with 130.3 tons, and then Egypt with 125.5 tons."
1-12-2023 Intel Guru Frank26 IMO based on the fact that they already told them they're going to give them a new rate that would be compatible with the new currency that they're going to give them. They already told them about the float. They already told them about the coins. They already told them about the ATM machines...Are they still talking to the citizens and educating them all? Yeah - 'Go to this bank don't go to that bank' is one of the latest things they did...
1-12-2023 Newshound Guru Pimpy Article: "A new rise.. The exchange rate of the dollar is close to 160,000 dinars" 1,600 to 1 dollar is the wrong direction. Nothing that I would be panicking about...[but] definitely in the wrong direction. 1,600 is not what we want per dollar. The smaller that number gets the better it is for us...
1-12-2023 Intel Guru MarkZ [via PDK] Iraq has been fairly quiet… I am being told that banks over there as well as here in the US and all over the world have been getting redemption instructions over the last day or two. So they will be prepared for when it does occur. We still don’t have a solid theory on timing. I do hear they are still trying to do it before the 31st. They are keeping the timing broad on purpose so nobody knows the timing. The chatter continues to be very encouraging. The movement continues to be very encouraging...
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] The United States [side] had its own zoom meeting yesterday with [Walkingstick's former Firm's 1 and 2 owned banks]...with all their employees. Last week the meeting with the CBI was only with the [top] echelon, the owners and managers...now the managers yesterday had, well at least 1 and 2, had their meeting with their people, their employees...it's basically the ending process of what the banks have to do right now to introduce the new exchange rate and to introduce the new currency to the citizens. The education is pretty well set... [Post 2 of 2]
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] Last week the Central Bank met with all of its banks and gave them more instructions. In fact the article we call "the 2nd article from the CBI" that came out on Sunday telling the citizens we have a new currency, we have a new exchange rate we're about to give it to you, was discussed in the CBI meetings last week with all the banks - preparing them, putting them in the position that they needed to be. [Post 1 of 2...stay tuned]
1-12-2023 Newshound/Intel Guru RVAlready Article: "Parliament publishes the agenda for next Saturday's session" We must remember there is no requirement for the budget to RV. The CBI could launch the RV tomorrow morning.
1-12-2023 Newshound/Intel Guru Mnt Goat "THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR" It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside of Iraq thus eliminate the need to exchange the dinar for dollars to spend on obligations and purchases outside of Iraq...The pieces are all in place and so when will they pull the trigger?
1-11-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-11-2023 Newshound Guru Paulette Parliament having their first session is irrelevant IMO. They cannot work on passing the budget until they receive it. Sudani's GOI has not passed it yet. All laws, including the budget, have to pass the GOI prior to Parliament receiving them. It is only then that Parliament can commence the First Reading. Thereafter, it goes to the relevant Committee to discuss, review and then return to Parliament with their analysis and comments. The Second and Third Readings can then commence. If passed, it can then be sent to the President for signature. After which, it then goes to the Finance Minister for disbursement which often takes upwards of 30 days.
1-11-2023 Intel Guru MarkZ [via PDK] I am hearing some fantastic stuff. If it pans out by tomorrow evening you guys will all know it...That is where I will leave this as I am getting leaned on pretty hard... The news really is solid and I am sorry about being so vague…but I am not sure what I can get away with saying…and I don’t want to risk my own exchange.
1-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI comes out today and says they are prepared soon to show confidence in the dinar and Sudani has ordered opening many areas of the Green Zone...They're trying to show the citizens they have security. They're trying to get us to not only have confidence in them but in the currency they are now saying they're going to give us. FRANK: It just doesn't get any better than this!
1-11-2023 Guru Nader From The Mid East I think it's going to be on Forex...and that day you'll be International I think they're going to come out with a new currency. But for now they're not saying anything. They're talking about it but they're not showing any improvements.
1-11-2023 Intel Guru Bruce [via WiserNow] ...most everybody is under gag orders. NDA, they're not allowed to talk...we are really just so close, that they don't want certain people talking...It's harder and harder to get strong information...Based on the Intel we received today and last night, it looks like we should get started In the next two days...Wednesday, or Thursday... let's look forward to what - should be a great rest of our week that we should be getting some good word here in the next day or two.
1-11-2023 Intel Guru MarkZ [via PDK] “RBC and HSBC Canada to come together” So Royal Bank of Canada will be acquiring HSBC Canada. RBC and HSBC and Scotia are the banks I was told years ago would be handling our currency exchanges in Canada. So I thought I would share that with our Canadian friends.
1-11-2023 Newshound Guru Pimpy A huge jump in the exchange rate, it's not going to happen. It's going to be in increments. At the very best you can hope for is that it gets over to the 1190 dinars
1-11-2023 Newshound Guru Clare Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" Quote: "The ministry's plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization"
1-11-2023 Intel Guru Frank26 I've always said "Reinstatement" but the CBI is "re-instituting" their currency. This is a completely different point of view...
1-11-2023 Intel Guru MarkZ [via PDK] The rumbling and chatter is still there…we just do not know the timing…. As was explained to me they could go at any moment... banking sources feel like things could move at any moment. They are not waiting for any one specific thing to be completed. Things are completed enough to pull the trigger now is what I am being told. Timing wise appears to be soon...we just have to watch it play out.
1-11-2023 Newshound Guru Henig Question: "I thought the Parliments legislative term started on the 9th?" There's been a LOT of misinformation back and forth...Lots of conflicting info, lots of stuff that just doesn't make sense, but when you step back and think it through, you'll see that it's all intentional.
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They...said something about only thing needed was paragraph to be done in the budget on the exchange rate and the amount for infrastructure...
1-11-2023 Newshound/Intel Guru Mnt Goat Finally, we hear overtones and direct convictions of some of the real problems with the dinar and the currency policy in Iraq now in place. ...We all need to settle down and relax. The reinstatement is coming and I certainly hope they can pull it off in this January 2023...
1-11-2023 Intel Guru MarkZ [via PDK] ...We are still hearing everywhere from now to the end of the month for the release...The PTB do not want us to know the date. They are going to keep throwing out dates and curves to keep us guessing. They are doing this on purpose.
1-11-2023 Newshound Guru Paulette Parliament having their first session is irrelevant IMO. They cannot work on passing the budget until they receive it. Sudani's GOI has not passed it yet. All laws, including the budget, have to pass the GOI prior to Parliament receiving them. It is only then that Parliament can commence the First Reading. Thereafter, it goes to the relevant Committee to discuss, review and then return to Parliament with their analysis and comments. The Second and Third Readings can then commence. If passed, it can then be sent to the President for signature. After which, it then goes to the Finance Minister for disbursement which often takes upwards of 30 days.
1-11-2023 Intel Guru MarkZ [via PDK] I am hearing some fantastic stuff. If it pans out by tomorrow evening you guys will all know it...That is where I will leave this as I am getting leaned on pretty hard... The news really is solid and I am sorry about being so vague…but I am not sure what I can get away with saying…and I don’t want to risk my own exchange.
1-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI comes out today and says they are prepared soon to show confidence in the dinar and Sudani has ordered opening many areas of the Green Zone...They're trying to show the citizens they have security. They're trying to get us to not only have confidence in them but in the currency they are now saying they're going to give us. FRANK: It just doesn't get any better than this!
1-11-2023 Guru Nader From The Mid East I think it's going to be on Forex...and that day you'll be International I think they're going to come out with a new currency. But for now they're not saying anything. They're talking about it but they're not showing any improvements.
1-11-2023 Intel Guru Bruce [via WiserNow] ...most everybody is under gag orders. NDA, they're not allowed to talk...we are really just so close, that they don't want certain people talking...It's harder and harder to get strong information...Based on the Intel we received today and last night, it looks like we should get started In the next two days...Wednesday, or Thursday... let's look forward to what - should be a great rest of our week that we should be getting some good word here in the next day or two.
1-11-2023 Intel Guru MarkZ [via PDK] “RBC and HSBC Canada to come together” So Royal Bank of Canada will be acquiring HSBC Canada. RBC and HSBC and Scotia are the banks I was told years ago would be handling our currency exchanges in Canada. So I thought I would share that with our Canadian friends.
1-11-2023 Newshound Guru Pimpy A huge jump in the exchange rate, it's not going to happen. It's going to be in increments. At the very best you can hope for is that it gets over to the 1190 dinars
1-11-2023 Newshound Guru Clare Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" Quote: "The ministry's plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization"
1-11-2023 Intel Guru Frank26 I've always said "Reinstatement" but the CBI is "re-instituting" their currency. This is a completely different point of view...
1-11-2023 Intel Guru MarkZ [via PDK] The rumbling and chatter is still there…we just do not know the timing…. As was explained to me they could go at any moment... banking sources feel like things could move at any moment. They are not waiting for any one specific thing to be completed. Things are completed enough to pull the trigger now is what I am being told. Timing wise appears to be soon...we just have to watch it play out.
1-11-2023 Newshound Guru Henig Question: "I thought the Parliments legislative term started on the 9th?" There's been a LOT of misinformation back and forth...Lots of conflicting info, lots of stuff that just doesn't make sense, but when you step back and think it through, you'll see that it's all intentional.
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They...said something about only thing needed was paragraph to be done in the budget on the exchange rate and the amount for infrastructure...
1-11-2023 Newshound/Intel Guru Mnt Goat Finally, we hear overtones and direct convictions of some of the real problems with the dinar and the currency policy in Iraq now in place. ...We all need to settle down and relax. The reinstatement is coming and I certainly hope they can pull it off in this January 2023...
1-11-2023 Intel Guru MarkZ [via PDK] ...We are still hearing everywhere from now to the end of the month for the release...The PTB do not want us to know the date. They are going to keep throwing out dates and curves to keep us guessing. They are doing this on purpose.
1-10-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-10-2023 Intel Guru Frank26 [Bank Story cont.] NAME PROTECTED: The Frost Bank in San Antonio was at 3%. FRANK: That's pretty good. 1%, 2%, 3% range. NAME PROTECTED: Our bank would charge us only $34 courier fee. He also said national banks such as Chase, Bank of America, etc had their own departments and we would have to check with them on their rates...Frost Bank...seem to be the big dog with the locally owned banks [In San Antonio area] FRANK: Remember I told you the CBI was getting ready? And then I said you should too? All the banks are ready IMO... [Post 2 of 2]
1-10-2023 Intel Guru Frank26 [Bank Story] NAME PROTECTED: I called...a local family-owned bank where we have had an account for the last 34 years. I told the banker we would be exchanging some dinars in the very near future and wanted to know the fees for doing so. He told me most if not all of the locally owned banks would be sending their exchanges to the Frost Bank here in San Antonio... FRANK: This bank officer knows the procedure to exchange the Iraqi dinar? What did we tell you about banks being educated all around the world? This bank officer has no problems talking to our friend here... [Post 1 of 2....stay tuned]
1-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-10-2023 Intel Guru MarkZ [via PDK] Article: ”Sudanese government obliges all its institutions to deal in Iraqi Dinar” This is a good one to watch. This one is about de-dollarization in Iraq... They are now forcing the government to run on dinar…and dinar only. De-dollarization is going to be the theme coming out. This is important for them moving forward with the revaluation of their currency….
1-10-2023 Newshound Guru Kaperoni I can assure you...the Iraqi dinar will remain weak until the day comes where they have begin to build a significant diverse economy. As clearly stated in the IMF Article IV Consultation, the staff encourages Iraq to create the conditions allowing them...to move to a more flexible exchange rate policy, which could allow a predictable and gradual appreciation...In other words, if Iraq can diversify their economy then they can move to a float to allow the currency to rise based on the success and growth of that economy. There is no overnight RV.
1-10-2023 Guru Nader From The Mid East Question: "What happens if they changed the currency? What happened to the dinar of their home?" ...You know how many Iraqi's hold the Iraqi dinar? If tomorrow they decide to change the currency and they say the old one you have you cannot do anything about it. You just have to throw it away or burn it or use it as toilet paper - you know how many people will be mad? ...So you have dinars, you can exchange them yes. If they go to a small category notes, which for me it's gonna take a while to do that, they're gonna give you some time between 15 to 90 days or six months or whatever they're gonna give to exchange your money.
1-10-2023 Newshound Guru Sandy Ingram Article: "Iraq estimates 40% of population is aged below 15" The estimated population of Iraq for the years of 2022 is 42 million...reason the government is overly concerned with such a large number of unemployed youth is because they have the time and the motivation to protest. It is a proven fact they can change the face of the Iraq government like they did in 2020 and take over parliament like they did in 2022.
1-10-2023 Intel Guru Frank26 The only reason why they didn't have the re-institution of their currency was because of Iran. They're not about to raise the value and let them continue to steal. They had to change their whole banking structure. Honestly I didn't think it was going to take all last year. But here we are...
1-10-2023 Intel Guru MarkZ [via PDK] [Any news on the dinar rate?] Many rumors and chatter that I am way off on the dinar rate. That the rates may be significantly higher than I have been saying... I hope this is accurate… I don’t know if it’s because the dollar rates are starting to slide in value? I have been hearing other rates but have been asked not to share them. If I get the go-ahead I will share rates.
1-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] This action of Monetary Reform education especially the one [Reference Guru Clare's Article 1-9-2023 below] restores confidence at the speed of light with the citizens. We would advise you, don't quit your job. The reason why is because this is a long process that still has steps to be done. They still have much to do. It's called the float.
1-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today the US Fed explained more on those 60 banks and those fake airline tickets that they were selling to us. They're saying more than 150 million was being stolen by these banks. They would sell [Buy?] at 1460 then re-sale that to citizens at 1600... FRANK: Animals...! FIREFLY: ...these 60 banks have been busted. Iraq wants to clean up and do what's right so we can reward our citizens but corruption must be dealt with. FRANK: Didn't I say that was the reason why we don't have the monetary reform, because of the corruption of Iran.
1-10-2023 Guest Guru Margarita I know everyone is excited...But right at the end of yesterdays article [Reference Guru Henig's Post 1-9-2023 below], they are still coming out with a 20k note. All the article says it is modifying the structure of notes. The 20k would do that I would think. I don't see the words smaller notes...Not to mention [The article] says the singular denomination. It isn't plural. Wouldn't smaller notes be more than one?
1-10-2023 Intel Guru MarkZ [via PDK] One group of sources swear it will happen between Wednesday and Sat of this week. Another one thinks it will happen between the 12th and the 17th…. I am just very confident it will happen this month.
1-10-2023 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK CALLED ON MERCHANTS TO DEAL DIRECTLY WITH BANKS" Its about time…the CBI wakes up to another source of the monetary problems plaguing Iraq...This effort will help so much in reducing speculation thus the CBI will be able to control the exchange rate of the dinar. Remember that these street brokers and speculators are not going through the new platform to track corruption either in the exchange of dinars to dollars. So this effort is a win-win for everyone.
1-10-2023 Newshound Guru Pimpy I'm impressed with Al-Sadini. This is not what I was expecting. I was expecting him to be another one of these clones of Maliki and embedded in corruption. So far it doesn't seem that way.
1-10-2023 Intel Guru Frank26 [Bank Story cont.] NAME PROTECTED: The Frost Bank in San Antonio was at 3%. FRANK: That's pretty good. 1%, 2%, 3% range. NAME PROTECTED: Our bank would charge us only $34 courier fee. He also said national banks such as Chase, Bank of America, etc had their own departments and we would have to check with them on their rates...Frost Bank...seem to be the big dog with the locally owned banks [In San Antonio area] FRANK: Remember I told you the CBI was getting ready? And then I said you should too? All the banks are ready IMO... [Post 2 of 2]
1-10-2023 Intel Guru Frank26 [Bank Story] NAME PROTECTED: I called...a local family-owned bank where we have had an account for the last 34 years. I told the banker we would be exchanging some dinars in the very near future and wanted to know the fees for doing so. He told me most if not all of the locally owned banks would be sending their exchanges to the Frost Bank here in San Antonio... FRANK: This bank officer knows the procedure to exchange the Iraqi dinar? What did we tell you about banks being educated all around the world? This bank officer has no problems talking to our friend here... [Post 1 of 2....stay tuned]
1-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-10-2023 Intel Guru MarkZ [via PDK] Article: ”Sudanese government obliges all its institutions to deal in Iraqi Dinar” This is a good one to watch. This one is about de-dollarization in Iraq... They are now forcing the government to run on dinar…and dinar only. De-dollarization is going to be the theme coming out. This is important for them moving forward with the revaluation of their currency….
1-10-2023 Newshound Guru Kaperoni I can assure you...the Iraqi dinar will remain weak until the day comes where they have begin to build a significant diverse economy. As clearly stated in the IMF Article IV Consultation, the staff encourages Iraq to create the conditions allowing them...to move to a more flexible exchange rate policy, which could allow a predictable and gradual appreciation...In other words, if Iraq can diversify their economy then they can move to a float to allow the currency to rise based on the success and growth of that economy. There is no overnight RV.
1-10-2023 Guru Nader From The Mid East Question: "What happens if they changed the currency? What happened to the dinar of their home?" ...You know how many Iraqi's hold the Iraqi dinar? If tomorrow they decide to change the currency and they say the old one you have you cannot do anything about it. You just have to throw it away or burn it or use it as toilet paper - you know how many people will be mad? ...So you have dinars, you can exchange them yes. If they go to a small category notes, which for me it's gonna take a while to do that, they're gonna give you some time between 15 to 90 days or six months or whatever they're gonna give to exchange your money.
1-10-2023 Newshound Guru Sandy Ingram Article: "Iraq estimates 40% of population is aged below 15" The estimated population of Iraq for the years of 2022 is 42 million...reason the government is overly concerned with such a large number of unemployed youth is because they have the time and the motivation to protest. It is a proven fact they can change the face of the Iraq government like they did in 2020 and take over parliament like they did in 2022.
1-10-2023 Intel Guru Frank26 The only reason why they didn't have the re-institution of their currency was because of Iran. They're not about to raise the value and let them continue to steal. They had to change their whole banking structure. Honestly I didn't think it was going to take all last year. But here we are...
1-10-2023 Intel Guru MarkZ [via PDK] [Any news on the dinar rate?] Many rumors and chatter that I am way off on the dinar rate. That the rates may be significantly higher than I have been saying... I hope this is accurate… I don’t know if it’s because the dollar rates are starting to slide in value? I have been hearing other rates but have been asked not to share them. If I get the go-ahead I will share rates.
1-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] This action of Monetary Reform education especially the one [Reference Guru Clare's Article 1-9-2023 below] restores confidence at the speed of light with the citizens. We would advise you, don't quit your job. The reason why is because this is a long process that still has steps to be done. They still have much to do. It's called the float.
1-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today the US Fed explained more on those 60 banks and those fake airline tickets that they were selling to us. They're saying more than 150 million was being stolen by these banks. They would sell [Buy?] at 1460 then re-sale that to citizens at 1600... FRANK: Animals...! FIREFLY: ...these 60 banks have been busted. Iraq wants to clean up and do what's right so we can reward our citizens but corruption must be dealt with. FRANK: Didn't I say that was the reason why we don't have the monetary reform, because of the corruption of Iran.
1-10-2023 Guest Guru Margarita I know everyone is excited...But right at the end of yesterdays article [Reference Guru Henig's Post 1-9-2023 below], they are still coming out with a 20k note. All the article says it is modifying the structure of notes. The 20k would do that I would think. I don't see the words smaller notes...Not to mention [The article] says the singular denomination. It isn't plural. Wouldn't smaller notes be more than one?
1-10-2023 Intel Guru MarkZ [via PDK] One group of sources swear it will happen between Wednesday and Sat of this week. Another one thinks it will happen between the 12th and the 17th…. I am just very confident it will happen this month.
1-10-2023 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK CALLED ON MERCHANTS TO DEAL DIRECTLY WITH BANKS" Its about time…the CBI wakes up to another source of the monetary problems plaguing Iraq...This effort will help so much in reducing speculation thus the CBI will be able to control the exchange rate of the dinar. Remember that these street brokers and speculators are not going through the new platform to track corruption either in the exchange of dinars to dollars. So this effort is a win-win for everyone.
1-10-2023 Newshound Guru Pimpy I'm impressed with Al-Sadini. This is not what I was expecting. I was expecting him to be another one of these clones of Maliki and embedded in corruption. So far it doesn't seem that way.
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1-9-2023 Intel Guru MarkZ [via PDK] ... All I can tell you is it does seem to be well underway...We are seeing bouncing screens again...It’s unusual for so many to be so quiet…. I am hoping it’s a good sign. I was told the window opened today on the 9th and it could happen any time before the 31st...the chatter really is absolutely amazing.
1-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] the word "default" might become important to us later. It basically means to go back to the original. So if you hear the CBI say the exchange rate is "default" that would be the bomb!
1-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
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1-9-2023 Newshound Guru Henig Article: "20,000 dinars denomination.. The Central Bank talks about issuing a new currency: counterfeiting is a development" Quote: "Last September, the Central Bank announced its intention to issue a new currency of the category of 20 thousand dinars."
1-9-2023 Intel Guru Frank26 Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" ...HERE IT IS...THE "2ND ARTICLE" FROM THE CBI! Quote: "The Governor of the Central Bank touched on the reasons for issuing a new denomination of the local currency, saying, The issuance of the new denomination is a procedure to modify the structure of banknotes and introduce an intermediate denomination that facilitates daily transactions, reduce the presence of old versions of currency denominations in circulation..."
1-9-2023 Newshound Guru Breitling I'm pro dinar. It's a great opportunity. You don't need to go nuts. You don't need to sell the farm or anything like that. But the second that I find out/if I find out that this isn't going to work I have no problems...saying in my view it's over. I will always stay true to you...
1-9-2023 Guru Nader From The Mid East Something is gonna happen this month. We don't know what it is but something is happening. We cannot say more because I don't like to say something if I'm not sure of it. When I'm sure I'll let you know.
1-9-2023 Intel Guru MarkZ [via PDK] There is still great anticipation and I was told again last night by one of my most well-connected sources…that the window is open. ...The window is open on the 9th and goes to around the 31st…I am still excited today and hoping for good news...Let’s see if the RV bird can fly in.
1-9-2023 Newshound Guru Pimpy Still in the news today more talk about the exchange rate of the Iraqi dinar...
1-9-2023 Newshound Guru Clare Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" Quote: "...reserves of the Central Bank of Iraq and its arrival to more than 97 billion dollars...The foreign reserves index to money supply in the broad sense is high and reached 81%, which is an indicator that enhances confidence in the Iraqi dinar as a store of value, as well as preserving the value of the national currency by ensuring the stability of the exchange rate as a nominal stabilizer for inflation"
1-9-2023 Guest Guru Yada Article: "Al-Nusairi: The return of the exchange rate to its target rates will be achieved by revitalizing and stabilizing the economy." Quote: "...the most important thing is sincere and true intentions for change towards the desired economic advancement with an emphasis on supporting the banking sector as the main link first in economics" If I'm not mistaken, this dinar will still float internationally and not just in country. That will move up the price.
1-9-2023 Intel Guru Frank26 You can't let your dinars out of your site. You cannot give your dinars to a small bank that will send them to a large bank and have it verified. If they get stolen. If they get lost. If the Brink's truck rolls over and burns up and the dinar are destroyed, they'll give you what you paid for them but they're not going to give you the exchange rate for it. It wasn't converted...God gave you these dinars as a blessing for you to be responsible and stewardship and you're learning how to do that...
1-9-2023 Intel Guru MarkZ [via PDK] ... All I can tell you is it does seem to be well underway...We are seeing bouncing screens again...It’s unusual for so many to be so quiet…. I am hoping it’s a good sign. I was told the window opened today on the 9th and it could happen any time before the 31st...the chatter really is absolutely amazing.
1-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] the word "default" might become important to us later. It basically means to go back to the original. So if you hear the CBI say the exchange rate is "default" that would be the bomb!
1-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-9-2023 Newshound Guru Henig Article: "20,000 dinars denomination.. The Central Bank talks about issuing a new currency: counterfeiting is a development" Quote: "Last September, the Central Bank announced its intention to issue a new currency of the category of 20 thousand dinars."
1-9-2023 Intel Guru Frank26 Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" ...HERE IT IS...THE "2ND ARTICLE" FROM THE CBI! Quote: "The Governor of the Central Bank touched on the reasons for issuing a new denomination of the local currency, saying, The issuance of the new denomination is a procedure to modify the structure of banknotes and introduce an intermediate denomination that facilitates daily transactions, reduce the presence of old versions of currency denominations in circulation..."
1-9-2023 Newshound Guru Breitling I'm pro dinar. It's a great opportunity. You don't need to go nuts. You don't need to sell the farm or anything like that. But the second that I find out/if I find out that this isn't going to work I have no problems...saying in my view it's over. I will always stay true to you...
1-9-2023 Guru Nader From The Mid East Something is gonna happen this month. We don't know what it is but something is happening. We cannot say more because I don't like to say something if I'm not sure of it. When I'm sure I'll let you know.
1-9-2023 Intel Guru MarkZ [via PDK] There is still great anticipation and I was told again last night by one of my most well-connected sources…that the window is open. ...The window is open on the 9th and goes to around the 31st…I am still excited today and hoping for good news...Let’s see if the RV bird can fly in.
1-9-2023 Newshound Guru Pimpy Still in the news today more talk about the exchange rate of the Iraqi dinar...
1-9-2023 Newshound Guru Clare Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" Quote: "...reserves of the Central Bank of Iraq and its arrival to more than 97 billion dollars...The foreign reserves index to money supply in the broad sense is high and reached 81%, which is an indicator that enhances confidence in the Iraqi dinar as a store of value, as well as preserving the value of the national currency by ensuring the stability of the exchange rate as a nominal stabilizer for inflation"
1-9-2023 Guest Guru Yada Article: "Al-Nusairi: The return of the exchange rate to its target rates will be achieved by revitalizing and stabilizing the economy." Quote: "...the most important thing is sincere and true intentions for change towards the desired economic advancement with an emphasis on supporting the banking sector as the main link first in economics" If I'm not mistaken, this dinar will still float internationally and not just in country. That will move up the price.
1-9-2023 Intel Guru Frank26 You can't let your dinars out of your site. You cannot give your dinars to a small bank that will send them to a large bank and have it verified. If they get stolen. If they get lost. If the Brink's truck rolls over and burns up and the dinar are destroyed, they'll give you what you paid for them but they're not going to give you the exchange rate for it. It wasn't converted...God gave you these dinars as a blessing for you to be responsible and stewardship and you're learning how to do that...
1-8-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-8-2023 Newshound Guru Henig Article: "No agreement with the region.. Expectations to settle the draft budget for 2023" Quote: "Suleiman attributed the reasons for its lack of readiness for discussion and approval, summed up in the fact that it needs to prepare paragraphs, including the region's share, the exchange rate, and infrastructure allocations."
1-8-2023 Newshound Guru Kaperoni Iraq is beginning to create the conditions to launch a float of the Iraqi dinar. Large Central Bank Reserves, creating a private sector economy, all are conditions and requirements for the success of floating...one [article] specifically talked about the central bank's reserves and how they won't be needed at such a high amount a year or so from now. That's a clear indication that they're not planning to do anything monetary policy wise with the dinar for at least another year. I don't expect a float until 2024 at least...
1-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-8-2023 Newshound Guru Pimpy The last two months have been very rocky for the IQD only because of all the speculation out there. There's a lot of people that want to keep the Iraqi dinar unstable and they did a pretty good job of rocking the boat. I think people are starting to wake up to this trick or maybe not. We're going to find that out the beginning of this next year...the budget...hopefully approved by February should calm a lot of people's nerves and from there we should see some positive movement with the IQD...
1-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Bands on the float will keep it at 1 to 1 with the American dollar but when they lift these bands the IQD will float faster and it will gain more than a 1 to 1 with the USD and all the other currencies in the basket. Pairing 1 to 1 at the onset and then as the economy of Iraq improves and grows and the education get stronger and louder and Iraqi citizens get used to using the new currency then everything will be perfect for the Iraqi citizens.
1-8-2023 Newshound Guru Clare Article: "Al-Janabi: The Central Bank is able to restore confidence in the Iraqi dinar soon" Quote: "this problem, which confused the state of the Iraqi market, will soon be resolved, and the central bank is able to restore confidence in the value of the Iraqi dinar and adjust technical matters in the near future,"
1-8-2023 Newshound Guru Paulette Vietnam has been officially acknowledged to be Article 8 compliant, Iraq has not. Additionally, the CBI has clearly stated their intent to implement the "Delete the Zeros" project. Vietnam has not made any such claims. Bottom line, comparing Iraq and Vietnam due to their low currency value is like comparing Apples to Oranges... [Post 2 of 2]
1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: "...Vietnam has a very low rate and their economy is one of the fastest growing..." This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. [Post 1 of 2....stay tuned]
1-8-2023 Intel Guru MarkZ [via PDK] I am still hearing they want to keep things very cloudy here at the end for safety reasons. Based on my research and a couple conversations that they are throwing around dates from the 9th to the 31st…they are doing this on purpose. They do not want anyone to know the exact date…for security reasons. They have a wide target range there, and personally I think it should be on the “sooner” side then the “later” side of it.
1-8-2023 Newshound Guru Henig Article: "No agreement with the region.. Expectations to settle the draft budget for 2023" Quote: "Suleiman attributed the reasons for its lack of readiness for discussion and approval, summed up in the fact that it needs to prepare paragraphs, including the region's share, the exchange rate, and infrastructure allocations."
1-8-2023 Newshound Guru Kaperoni Iraq is beginning to create the conditions to launch a float of the Iraqi dinar. Large Central Bank Reserves, creating a private sector economy, all are conditions and requirements for the success of floating...one [article] specifically talked about the central bank's reserves and how they won't be needed at such a high amount a year or so from now. That's a clear indication that they're not planning to do anything monetary policy wise with the dinar for at least another year. I don't expect a float until 2024 at least...
1-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-8-2023 Newshound Guru Pimpy The last two months have been very rocky for the IQD only because of all the speculation out there. There's a lot of people that want to keep the Iraqi dinar unstable and they did a pretty good job of rocking the boat. I think people are starting to wake up to this trick or maybe not. We're going to find that out the beginning of this next year...the budget...hopefully approved by February should calm a lot of people's nerves and from there we should see some positive movement with the IQD...
1-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Bands on the float will keep it at 1 to 1 with the American dollar but when they lift these bands the IQD will float faster and it will gain more than a 1 to 1 with the USD and all the other currencies in the basket. Pairing 1 to 1 at the onset and then as the economy of Iraq improves and grows and the education get stronger and louder and Iraqi citizens get used to using the new currency then everything will be perfect for the Iraqi citizens.
1-8-2023 Newshound Guru Clare Article: "Al-Janabi: The Central Bank is able to restore confidence in the Iraqi dinar soon" Quote: "this problem, which confused the state of the Iraqi market, will soon be resolved, and the central bank is able to restore confidence in the value of the Iraqi dinar and adjust technical matters in the near future,"
1-8-2023 Newshound Guru Paulette Vietnam has been officially acknowledged to be Article 8 compliant, Iraq has not. Additionally, the CBI has clearly stated their intent to implement the "Delete the Zeros" project. Vietnam has not made any such claims. Bottom line, comparing Iraq and Vietnam due to their low currency value is like comparing Apples to Oranges... [Post 2 of 2]
1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: "...Vietnam has a very low rate and their economy is one of the fastest growing..." This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. [Post 1 of 2....stay tuned]
1-8-2023 Intel Guru MarkZ [via PDK] I am still hearing they want to keep things very cloudy here at the end for safety reasons. Based on my research and a couple conversations that they are throwing around dates from the 9th to the 31st…they are doing this on purpose. They do not want anyone to know the exact date…for security reasons. They have a wide target range there, and personally I think it should be on the “sooner” side then the “later” side of it.
1-7-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-7-2023 Intel Guru Frank26 Question: "So the maximum rate will be $3.44 when we should fold'm?' Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-7-2023 Newshound Guru Kaperoni Launching a float is not a simple event it's based on the economic growth and laws that are in place. Until Iraq creates the conditions, there will be no float.
1-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-7-2023 Intel Guru MarkZ [via PDK] I am getting reports from folks I know …so believe it to be accurate …that a lot of “TEST” transactions are occurring …TEST transfers…to make sure they have everything squared away…A lot of NDA’s are going out along with those…more and more people are now “falling off the grid”. Meaning they will not discuss anything RV related…because they can’t. They are being very upfront saying “Hey NDA…cannot talk about this”. ...I am very excited about the number of people now going under NDA’s , This is not rumors of NDA’s but actual NDA’s regarding the testing process.
1-7-2023 Newshound Guru Pimpy You people were told that you cannot exchange your dinar unless you have a humanitarian project. That's false... that's another thing out there that drives me crazy.
1-7-2023 Newshound Guru Clare Article: "Parliamentary expectations for the arrival of the federal budget before the start of the second legislative term" Quote: "Parliamentarians expected the federal budget to arrive before the start of the second legislative term, which will start next Monday."
1-7-2023 Newshound Guru Henig Article: "The population of Iraq for the year 2022 amounted to more than 42 million" Quote: "He pointed out that the percentage of the population under the age of (15 years) amounted to (40.5%) ...while the percentage of those of working age (15-64 years) amounted to (56.5%). While the percentage of the elderly (65 years and over) was...(3.1%)... Baghdad governorate constituted the highest percentage...as its population exceeded (9) million people, at a rate of (21.3%) of the total population of Iraq."
1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing - concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period...he's got to do his job... Article: "A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank"
1-7-2023 Newshound/Intel Guru Mnt Goat Iraq started the process of joining the WTO 18 years ago...the process was delayed due to corruption in Iraq... due to political and economic instability this was stalled until 2017...Since then, the fast-tracking process is underway...Iraq has made considerable progress in this front...They must be VERY close to full membership...I will say that I believe the WTO is also going to push that Iraq reinstate the IQD back on FOREX and relieve Iraq of all sanctions on their currency... Iraq was supposed to be already reinstated on FOREX, as Dr. Shabib wanted to do back in January 2013.
1-7-2023 Intel Guru Bruce [via WiserNow] We hope that the intel that we're getting now and we've got it from several sources, we've got it from sources with from Wells Fargo, Citibank, we've got it saying that we're going to start these exchanges on Tuesday...And that's what I believe.
1-7-2023 Intel Guru Frank26 Question: "So the maximum rate will be $3.44 when we should fold'm?' Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-7-2023 Newshound Guru Kaperoni Launching a float is not a simple event it's based on the economic growth and laws that are in place. Until Iraq creates the conditions, there will be no float.
1-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-7-2023 Intel Guru MarkZ [via PDK] I am getting reports from folks I know …so believe it to be accurate …that a lot of “TEST” transactions are occurring …TEST transfers…to make sure they have everything squared away…A lot of NDA’s are going out along with those…more and more people are now “falling off the grid”. Meaning they will not discuss anything RV related…because they can’t. They are being very upfront saying “Hey NDA…cannot talk about this”. ...I am very excited about the number of people now going under NDA’s , This is not rumors of NDA’s but actual NDA’s regarding the testing process.
1-7-2023 Newshound Guru Pimpy You people were told that you cannot exchange your dinar unless you have a humanitarian project. That's false... that's another thing out there that drives me crazy.
1-7-2023 Newshound Guru Clare Article: "Parliamentary expectations for the arrival of the federal budget before the start of the second legislative term" Quote: "Parliamentarians expected the federal budget to arrive before the start of the second legislative term, which will start next Monday."
1-7-2023 Newshound Guru Henig Article: "The population of Iraq for the year 2022 amounted to more than 42 million" Quote: "He pointed out that the percentage of the population under the age of (15 years) amounted to (40.5%) ...while the percentage of those of working age (15-64 years) amounted to (56.5%). While the percentage of the elderly (65 years and over) was...(3.1%)... Baghdad governorate constituted the highest percentage...as its population exceeded (9) million people, at a rate of (21.3%) of the total population of Iraq."
1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing - concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period...he's got to do his job... Article: "A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank"
1-7-2023 Newshound/Intel Guru Mnt Goat Iraq started the process of joining the WTO 18 years ago...the process was delayed due to corruption in Iraq... due to political and economic instability this was stalled until 2017...Since then, the fast-tracking process is underway...Iraq has made considerable progress in this front...They must be VERY close to full membership...I will say that I believe the WTO is also going to push that Iraq reinstate the IQD back on FOREX and relieve Iraq of all sanctions on their currency... Iraq was supposed to be already reinstated on FOREX, as Dr. Shabib wanted to do back in January 2013.
1-7-2023 Intel Guru Bruce [via WiserNow] We hope that the intel that we're getting now and we've got it from several sources, we've got it from sources with from Wells Fargo, Citibank, we've got it saying that we're going to start these exchanges on Tuesday...And that's what I believe.
1-6-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The 3-zeros are going to drop gradually as the IQD floats internationally. You will see the exchange rate go from .000 to .00 to .0 to . - that's the float.
1-6-2023 Newshound Guru Kaperoni Question: "Iraq has 80 trillion dinars idle....Just a question....how can it Reinstate at 1-1 with all of that? That is a huge load of them isnt it?" ...The latest articles I've seen from the Ministry of Finance indicate Iraq has over 100 trillion dinar in circulation. Even if it was less it's still significantly more than Iraq could ever afford to RV...
1-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-6-2023 Intel Guru Bruce [via WiserNow] ...this is what we're hearing...Bondholders... it's important that we know when the bondholders are actually going to be paid because it should trigger virtually a shotgun start with us. It could be within hours of when we get notified ...When will the notifications come to us? Probably Monday...we got a good shot of getting our exchanges started Monday evening...If it's later in the day, on Monday that we get our notifications...we're automatically defaulted to Tuesday, for our start of exchanges...So I'm excited about where this is going. I hope this is the end of the ride.
1-6-2023 Newshound Guru Pimpy The re-denomination of the Iraqi dinar...too much crap has happened with the Iraqi dinar for it to continue to exist in its current state. Something needs to be done about that.
1-6-2023 Newshound Guru Clare Article: "Minister of Oil: We have achieved more than $115 billion in exporting crude oil for the year 2022"
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] Don't think for one moment that the float is going to go into a ridiculous number like $5, $6, or $7. No. Absolutely not...the CBI is in control not out of control... bands/measures will continue to keep the Iraqi dinar as it floats within a disciplined form... +/- 3% with a predetermined exchange rate as a goal...don't think that it's going to go higher than other Middle Eastern countries.
1-6-2022 Guru Nader From The Mid East The only way for you to be comfortable and say okay it's time or it's close is when you see him change currency. When you see him [CBI] come out with a new currency and stop buying and selling the dinar...
1-6-2023 Intel Guru MarkZ [via PDK] There has been no new RV news since yesterday evening. Everything still appears to be moving forward. Groups are still finishing any paperwork submissions they need by this evening. Everyone is still looking for a release around the 9th….so it still looks good.
1-6-2023 Newshound Guru Sandy Ingram One of the conditions required Egypt to float their currency...the immediate results were high prices and...a sudden widening of the exchange rate between...the black market and the Central Bank of Egypt's currency rate...The value of the Egyptian pound dropped by nearly 50% last Thursday however in the long term it is hoped...floating the currency will control inflation...Egypt has been running desperately short of foreign currency. Iraq does not have this problem...Iraq foreign currency reserve is now over $96 billion... [Post 2 of 2]
1-6-2023 Newshound Guru Sandy Ingram This is an extremely important lesson and real case study of the Central Bank of Egypt's decision to float the currency. We are sharing this information so you know what to expect or not expect should and when Iraq floats their currency...Floating a currency... means the government is no longer controlling the value of the Egyptian pound...For decades the Egyptian currency was pegged...it could only go up or down based upon the fluctuations of the U.S. dollar...Then Egypt needed a loan from the IMF... [Post 1 of 2...stay tuned]
1-6-2023 Newshound/Intel Guru Mnt Goat Did they finally get it under control using the new platform installed by the US Treasury? Remember it was going over 200 million most weeks and the difference was being stolen and not part of the economy...To me this is very good news...It matters in stabilizing the monetary system of Iraq. We need this before they will pull the trigger on any reinstatement. When the CBI says they need ‘stability” this is all part of it. [post 2 of 2]
1-6-2023 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES" Quote: "the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars..." They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers... [post 1 of 2....stay tuned]
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The 3-zeros are going to drop gradually as the IQD floats internationally. You will see the exchange rate go from .000 to .00 to .0 to . - that's the float.
1-6-2023 Newshound Guru Kaperoni Question: "Iraq has 80 trillion dinars idle....Just a question....how can it Reinstate at 1-1 with all of that? That is a huge load of them isnt it?" ...The latest articles I've seen from the Ministry of Finance indicate Iraq has over 100 trillion dinar in circulation. Even if it was less it's still significantly more than Iraq could ever afford to RV...
1-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-6-2023 Intel Guru Bruce [via WiserNow] ...this is what we're hearing...Bondholders... it's important that we know when the bondholders are actually going to be paid because it should trigger virtually a shotgun start with us. It could be within hours of when we get notified ...When will the notifications come to us? Probably Monday...we got a good shot of getting our exchanges started Monday evening...If it's later in the day, on Monday that we get our notifications...we're automatically defaulted to Tuesday, for our start of exchanges...So I'm excited about where this is going. I hope this is the end of the ride.
1-6-2023 Newshound Guru Pimpy The re-denomination of the Iraqi dinar...too much crap has happened with the Iraqi dinar for it to continue to exist in its current state. Something needs to be done about that.
1-6-2023 Newshound Guru Clare Article: "Minister of Oil: We have achieved more than $115 billion in exporting crude oil for the year 2022"
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] Don't think for one moment that the float is going to go into a ridiculous number like $5, $6, or $7. No. Absolutely not...the CBI is in control not out of control... bands/measures will continue to keep the Iraqi dinar as it floats within a disciplined form... +/- 3% with a predetermined exchange rate as a goal...don't think that it's going to go higher than other Middle Eastern countries.
1-6-2022 Guru Nader From The Mid East The only way for you to be comfortable and say okay it's time or it's close is when you see him change currency. When you see him [CBI] come out with a new currency and stop buying and selling the dinar...
1-6-2023 Intel Guru MarkZ [via PDK] There has been no new RV news since yesterday evening. Everything still appears to be moving forward. Groups are still finishing any paperwork submissions they need by this evening. Everyone is still looking for a release around the 9th….so it still looks good.
1-6-2023 Newshound Guru Sandy Ingram One of the conditions required Egypt to float their currency...the immediate results were high prices and...a sudden widening of the exchange rate between...the black market and the Central Bank of Egypt's currency rate...The value of the Egyptian pound dropped by nearly 50% last Thursday however in the long term it is hoped...floating the currency will control inflation...Egypt has been running desperately short of foreign currency. Iraq does not have this problem...Iraq foreign currency reserve is now over $96 billion... [Post 2 of 2]
1-6-2023 Newshound Guru Sandy Ingram This is an extremely important lesson and real case study of the Central Bank of Egypt's decision to float the currency. We are sharing this information so you know what to expect or not expect should and when Iraq floats their currency...Floating a currency... means the government is no longer controlling the value of the Egyptian pound...For decades the Egyptian currency was pegged...it could only go up or down based upon the fluctuations of the U.S. dollar...Then Egypt needed a loan from the IMF... [Post 1 of 2...stay tuned]
1-6-2023 Newshound/Intel Guru Mnt Goat Did they finally get it under control using the new platform installed by the US Treasury? Remember it was going over 200 million most weeks and the difference was being stolen and not part of the economy...To me this is very good news...It matters in stabilizing the monetary system of Iraq. We need this before they will pull the trigger on any reinstatement. When the CBI says they need ‘stability” this is all part of it. [post 2 of 2]
1-6-2023 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES" Quote: "the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars..." They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers... [post 1 of 2....stay tuned]
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1-5-2023 Intel Guru MarkZ [via PDK] ...There is a lot going on. Things are getting exciting right now as we get into the final moments of this thing…the final innings…the final rounds...I am getting a whole lot of chatter that they are expecting us to be fully funded by the 9th right now. I am very nervous when I hear exact dates…so trying to stay grounded...We have been on this roller coaster before so try to stay calm. But it does look so good right now. I am very excited about the days ahead. I hope I am not sitting here next week with egg on my face…But, I really think we are at the end of this thing…. All my sources say it’s very close.
1-5-2023 Newshound Guru Pimpy I think this [stability of the dinar] is going to be an issue for the first couple of months going into 2023 but after that there should be some stability and then growth for the Iraqi dinar...
1-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-5-2022 Intel Guru Frank26 Somebody said, 'How is it that Iraq is going to pay me $3 per dinar? How can they afford that?' First of all they're filthy rich and second of all they don't have to just pay you in Iraqi dinars...In order to belong to the WTO all countries use multiple currencies to pay their bills, to buy things, to trade with... (they are being escorted...to be a WTO member) ...To be a WTO member you must have no restrictions on your currency. None whatsoever. Your currency must be fully convertible. Wow. That is the definition of Article VIII...IMO the IQD is soon to float internationally...but right now it's floating internally and you can see that as the USD exchange rate fluctuates right now...
1-5-2023 Newshound Guru Paulette If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8. Therefore, the IMF will not be able to authorize a Reinstatement due to Iraq being in violation of Article 8. This would also prevent full ascension to the WTO. Certainly the plan for Iraq cannot be to run their country on USD forever. The underlying fundamentals for holding IQD are sound. The implementation of the "Delete the Zeros" project will tell us just how sound.
1-5-2023 Newshound Guru Militia Man Article: "Iraq achieves the largest purchase of US Treasury bonds in 10 years" Iraq holding US Treasury Bonds doesn't suggest their is an issue with the value of the Dollar or they wouldn't be net buyers. They know what the UST has in foreign reserves.. As in IQD, being one of the largest. All boats rise with the tide, Iraq included..
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] On Monday we [U.S. CBI satellite bank] have site meeting with the CBI. All my employees will be there too...The CBI wants to talk to us.
1-5-2023 Guru Nader From The Mid East Two things you're gonna see. When they stop selling and buying [dinars] at the banks for a week or two. When you see new very small currency come out - 1, 5, 10, 20 maybe 25, 50, 100. Now you can smile and say they made it.
1-5-2023 Newshound Guru Pimpy The news as usual has to do with the dinar exchange rate. Every day one to two articles about changes to the exchange rate, thought about changes to the exchange rate, Central Bank of Iraq saying there's no change to the exchange rate, Stock exchange playing havoc on the exchange rate, one thing or another is in the news about the exchange rate and this causes a lot of confusion...
1-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Protesters outside of the CBI demanding the dollar go down and strengthen our dinars. This started around 2 dozen protesters but it's growing over 100 and now security forces are called in which are standing by. FRANK: This will only last a day. You will have good news very soon. I don't blame the citizens that are protesting at the CBI either. The governor knows he can be fired at any moment. That's why he's going at a faster pace... impossible as it may seem the monetary reform is on solid ground and gaining ground...
1-5-2023 Intel Guru Bruce [via WiserNow] One of our sources is very close to the Treasury and has strong contacts there and is saying...All should start and roll out over a 30 hour period beginning at noon - Eastern time tomorrow [Wednesday]...So noon tomorrow, Wednesday - Is 6pm Thursday is our 30 hour rollout window for what is going to be in affect...a shotgun start... I know Iraq has done their thing. Hopefully, they have done everything that they needed to do...I think it's ready, We're ready to go.
1-5-2023 Intel Guru MarkZ [via PDK] If it comes in at $3.22 it’s a re-instatement…Any other rate…$1 or $6 or any other rate…is a re-value.
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it's borders and when it leaves its borders ...not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%...until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established.
1-5-2023 Intel Guru MarkZ [via PDK] ...There is a lot going on. Things are getting exciting right now as we get into the final moments of this thing…the final innings…the final rounds...I am getting a whole lot of chatter that they are expecting us to be fully funded by the 9th right now. I am very nervous when I hear exact dates…so trying to stay grounded...We have been on this roller coaster before so try to stay calm. But it does look so good right now. I am very excited about the days ahead. I hope I am not sitting here next week with egg on my face…But, I really think we are at the end of this thing…. All my sources say it’s very close.
1-5-2023 Newshound Guru Pimpy I think this [stability of the dinar] is going to be an issue for the first couple of months going into 2023 but after that there should be some stability and then growth for the Iraqi dinar...
1-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-5-2022 Intel Guru Frank26 Somebody said, 'How is it that Iraq is going to pay me $3 per dinar? How can they afford that?' First of all they're filthy rich and second of all they don't have to just pay you in Iraqi dinars...In order to belong to the WTO all countries use multiple currencies to pay their bills, to buy things, to trade with... (they are being escorted...to be a WTO member) ...To be a WTO member you must have no restrictions on your currency. None whatsoever. Your currency must be fully convertible. Wow. That is the definition of Article VIII...IMO the IQD is soon to float internationally...but right now it's floating internally and you can see that as the USD exchange rate fluctuates right now...
1-5-2023 Newshound Guru Paulette If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8. Therefore, the IMF will not be able to authorize a Reinstatement due to Iraq being in violation of Article 8. This would also prevent full ascension to the WTO. Certainly the plan for Iraq cannot be to run their country on USD forever. The underlying fundamentals for holding IQD are sound. The implementation of the "Delete the Zeros" project will tell us just how sound.
1-5-2023 Newshound Guru Militia Man Article: "Iraq achieves the largest purchase of US Treasury bonds in 10 years" Iraq holding US Treasury Bonds doesn't suggest their is an issue with the value of the Dollar or they wouldn't be net buyers. They know what the UST has in foreign reserves.. As in IQD, being one of the largest. All boats rise with the tide, Iraq included..
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] On Monday we [U.S. CBI satellite bank] have site meeting with the CBI. All my employees will be there too...The CBI wants to talk to us.
1-5-2023 Guru Nader From The Mid East Two things you're gonna see. When they stop selling and buying [dinars] at the banks for a week or two. When you see new very small currency come out - 1, 5, 10, 20 maybe 25, 50, 100. Now you can smile and say they made it.
1-5-2023 Newshound Guru Pimpy The news as usual has to do with the dinar exchange rate. Every day one to two articles about changes to the exchange rate, thought about changes to the exchange rate, Central Bank of Iraq saying there's no change to the exchange rate, Stock exchange playing havoc on the exchange rate, one thing or another is in the news about the exchange rate and this causes a lot of confusion...
1-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Protesters outside of the CBI demanding the dollar go down and strengthen our dinars. This started around 2 dozen protesters but it's growing over 100 and now security forces are called in which are standing by. FRANK: This will only last a day. You will have good news very soon. I don't blame the citizens that are protesting at the CBI either. The governor knows he can be fired at any moment. That's why he's going at a faster pace... impossible as it may seem the monetary reform is on solid ground and gaining ground...
1-5-2023 Intel Guru Bruce [via WiserNow] One of our sources is very close to the Treasury and has strong contacts there and is saying...All should start and roll out over a 30 hour period beginning at noon - Eastern time tomorrow [Wednesday]...So noon tomorrow, Wednesday - Is 6pm Thursday is our 30 hour rollout window for what is going to be in affect...a shotgun start... I know Iraq has done their thing. Hopefully, they have done everything that they needed to do...I think it's ready, We're ready to go.
1-5-2023 Intel Guru MarkZ [via PDK] If it comes in at $3.22 it’s a re-instatement…Any other rate…$1 or $6 or any other rate…is a re-value.
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it's borders and when it leaves its borders ...not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%...until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established.
1-4-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-4-2023 Intel Guru Frank26 Question: "Any word on when HCL/Article 140 will be passed?" The moment you see the HCL you've got no choice but to see the new exchange rate. It is part of the calculations of it...
1-4-2022 Intel Guru MarkZ [via PDK] Some of the big rates…the great rates rumored on the boards may be dead on. I may be the way way underestimating rates…based on numbers we are seeing right now…yes, I’m excited but trying to stay grounded. It’s getting exciting. But, everyone needs to remain calm. What happens if it does drag out to the 12th or so. We have got to stay calm. There may be a lot of smoke and more ups and downs…this may be a very tumultuous time…wait for the announcements. Be excited we are this close…but stay calm...Don’t ride that roller coaster…stay calm as we get through the final days of this theatre... [post 2 of 2]
1-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-4-2022 Intel Guru MarkZ [via PDK] Aircraft are flying in and out of Reno…Whales are there…Groups in mass…its crazy. But no money has changed hands though…yet. There is a massive influx of players arriving that are expecting full funding…it is really heating up. Still hearing phenomenal things from outside the US on exchange rates. Whales in other countries are also getting into position. Everyone is preparing for what seems to be the imminent release...Some of the biggest church groups are being called back in to their seats…I am hearing news every half hour today from contacts saying “We think this is finally it”... It’s been a very long time since we have seen this much excitement and movement…The news is fantastic. [post 1 of 2....stay tuned]
1-4-2023 Guru Nader From The Mid East If they're gonna make a small categories of currency, why they create a 20,000? We don't need a 20,000. Create a 100...50...20...5...1 dinar...they created the 20,000 dinars means they're not ready yet. That means the money's still too big...IMO it's going to go up yes. 1 to 1 maybe. $1.60 maybe. But first they have to come out with new smaller currency...1, 5, 10, 20, 50, 100 and maybe 500 dinars...
1-4-2023 Newshound Guru Pimpy Think supply and demand. If there is a ton of Iraqi dinar and very little U.S. dollars and people want the U.S. dollars then you know your currency is going to devalue against a dollar because they're not very many of them available to the public. What do you do? You do the opposite. You're going to flood the markets with the U.S. dollar and make the Iraqi dinar scarce causing the value of the dinar to go up...
1-4-2023 Guest Guru PompeyPeter [Cash Sales - Not Auctions. Big change in pattern.] They are shifting away from a multi-currency practice to the dinar being the "Supreme currency"...currency exchange for travel and so on will be done throughout 20 banks. Was 4, then 10 and now 20...We are not seeing that nonsense [auctions] about hundreds of millions a day supporting other currencies abroad...It's also wording 'foreign currency selling window', not talking about an auction now. That's a huge change, an enormous change...
1-4-2023 Intel Guru MarkZ [via PDK] ...the first reading of the 2023 budget is expected on the 9th. I am also told the HCL (hydrocarbon law) will be presented on the 9th. It does not mean we will be waiting for that. The CBI has made it very clear they do not have to wait for the government …and they can change the rate whenever they are prepared to.
1-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] The insane reserves the CBI keeps talking about that is what's going to allow the IQD to be asset backed. It's not just oil. It's all of their resourses. That's what makes this currency have so much potential and everybody wants it. It's amazing.
1-4-2023 Intel Guru Frank26 Question: "If Iraq keeps accumulating reserves why do they need to revalue?" Because the reserves are not a countries currency. The reserves are a combination of many other countries' currencies and assets and gold and whatever. The currency is what needs value not the assets. The assets add value/gives value to that which does not have value.
1-4-2023 Newshound Guru Clare Article: "Central Bank: Hard currency reserves amounted to more than $99 billion" Quote: "The rise in reserves is a positive indicator for the Iraqi government and the central bank for the stability of the exchange rate and the local currency"
1-4-2023 Intel Guru MarkZ [via PDK] International contacts are really lighting up with expectations. I was told by a couple of them to watch historic bonds this week…this is it...That they are getting ready to pop completely…and then we are going to the bank. I think this could be it…I think we are in the short and skinny of it. ...we do get confusing news out of Iraq…they are trying to cloud the RV release on purpose.
1-4-2023 Guru Nader From The Mid East For now nothing's happening. They keep talking about it but...IMO it's gonna take time. I don't think they're ready. I don't think the budget has a rate in it. Even if it has a rate in it it's gonna go back to 1160. Even if it floats it's not gonna gain values that quick because the currency is too big...
1-4-2023 Newshound Guru Pimpy There's still a lot of stress happening over the exchange rate and it's not what people think. I'm hearing all kinds of rumors out there that people are saying they're fighting over the exchange rate increase to the original rate of $3.22. That's not true. It's not true at all...
1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament... FRANK: That's wonderful news...I believe what Sudani is telling you...The monetary reform is moving very very quickly... FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time - a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it...
1-4-2023 Intel Guru MarkZ [via PDK] Over the last few years we have seen expenditures to Delarue to print new currencies for them …we have seen new ATM’s and new banking equipment that is for different sized notes than those currently in circulation… So, I feel fairly confident the lower denominations already exist.
1-4-2023 Newshound Guru Clare Article: "Where are the Iraqi oil revenues deposited? Sudanese advisor answers" Quote: "Saleh said, “(Externally) and according to Security Council Resolution 1483 in May 2003, the revenues of the Ministry of Finance from crude oil, gas, exported derivatives, and other funds are deposited in the Federal Reserve Bank in New York, all of which are deposited in an account called DFI or its current alternative"
1-4-2023 Intel Guru Frank26 Question: "Any word on when HCL/Article 140 will be passed?" The moment you see the HCL you've got no choice but to see the new exchange rate. It is part of the calculations of it...
1-4-2022 Intel Guru MarkZ [via PDK] Some of the big rates…the great rates rumored on the boards may be dead on. I may be the way way underestimating rates…based on numbers we are seeing right now…yes, I’m excited but trying to stay grounded. It’s getting exciting. But, everyone needs to remain calm. What happens if it does drag out to the 12th or so. We have got to stay calm. There may be a lot of smoke and more ups and downs…this may be a very tumultuous time…wait for the announcements. Be excited we are this close…but stay calm...Don’t ride that roller coaster…stay calm as we get through the final days of this theatre... [post 2 of 2]
1-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-4-2022 Intel Guru MarkZ [via PDK] Aircraft are flying in and out of Reno…Whales are there…Groups in mass…its crazy. But no money has changed hands though…yet. There is a massive influx of players arriving that are expecting full funding…it is really heating up. Still hearing phenomenal things from outside the US on exchange rates. Whales in other countries are also getting into position. Everyone is preparing for what seems to be the imminent release...Some of the biggest church groups are being called back in to their seats…I am hearing news every half hour today from contacts saying “We think this is finally it”... It’s been a very long time since we have seen this much excitement and movement…The news is fantastic. [post 1 of 2....stay tuned]
1-4-2023 Guru Nader From The Mid East If they're gonna make a small categories of currency, why they create a 20,000? We don't need a 20,000. Create a 100...50...20...5...1 dinar...they created the 20,000 dinars means they're not ready yet. That means the money's still too big...IMO it's going to go up yes. 1 to 1 maybe. $1.60 maybe. But first they have to come out with new smaller currency...1, 5, 10, 20, 50, 100 and maybe 500 dinars...
1-4-2023 Newshound Guru Pimpy Think supply and demand. If there is a ton of Iraqi dinar and very little U.S. dollars and people want the U.S. dollars then you know your currency is going to devalue against a dollar because they're not very many of them available to the public. What do you do? You do the opposite. You're going to flood the markets with the U.S. dollar and make the Iraqi dinar scarce causing the value of the dinar to go up...
1-4-2023 Guest Guru PompeyPeter [Cash Sales - Not Auctions. Big change in pattern.] They are shifting away from a multi-currency practice to the dinar being the "Supreme currency"...currency exchange for travel and so on will be done throughout 20 banks. Was 4, then 10 and now 20...We are not seeing that nonsense [auctions] about hundreds of millions a day supporting other currencies abroad...It's also wording 'foreign currency selling window', not talking about an auction now. That's a huge change, an enormous change...
1-4-2023 Intel Guru MarkZ [via PDK] ...the first reading of the 2023 budget is expected on the 9th. I am also told the HCL (hydrocarbon law) will be presented on the 9th. It does not mean we will be waiting for that. The CBI has made it very clear they do not have to wait for the government …and they can change the rate whenever they are prepared to.
1-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] The insane reserves the CBI keeps talking about that is what's going to allow the IQD to be asset backed. It's not just oil. It's all of their resourses. That's what makes this currency have so much potential and everybody wants it. It's amazing.
1-4-2023 Intel Guru Frank26 Question: "If Iraq keeps accumulating reserves why do they need to revalue?" Because the reserves are not a countries currency. The reserves are a combination of many other countries' currencies and assets and gold and whatever. The currency is what needs value not the assets. The assets add value/gives value to that which does not have value.
1-4-2023 Newshound Guru Clare Article: "Central Bank: Hard currency reserves amounted to more than $99 billion" Quote: "The rise in reserves is a positive indicator for the Iraqi government and the central bank for the stability of the exchange rate and the local currency"
1-4-2023 Intel Guru MarkZ [via PDK] International contacts are really lighting up with expectations. I was told by a couple of them to watch historic bonds this week…this is it...That they are getting ready to pop completely…and then we are going to the bank. I think this could be it…I think we are in the short and skinny of it. ...we do get confusing news out of Iraq…they are trying to cloud the RV release on purpose.
1-4-2023 Guru Nader From The Mid East For now nothing's happening. They keep talking about it but...IMO it's gonna take time. I don't think they're ready. I don't think the budget has a rate in it. Even if it has a rate in it it's gonna go back to 1160. Even if it floats it's not gonna gain values that quick because the currency is too big...
1-4-2023 Newshound Guru Pimpy There's still a lot of stress happening over the exchange rate and it's not what people think. I'm hearing all kinds of rumors out there that people are saying they're fighting over the exchange rate increase to the original rate of $3.22. That's not true. It's not true at all...
1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament... FRANK: That's wonderful news...I believe what Sudani is telling you...The monetary reform is moving very very quickly... FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time - a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it...
1-4-2023 Intel Guru MarkZ [via PDK] Over the last few years we have seen expenditures to Delarue to print new currencies for them …we have seen new ATM’s and new banking equipment that is for different sized notes than those currently in circulation… So, I feel fairly confident the lower denominations already exist.
1-4-2023 Newshound Guru Clare Article: "Where are the Iraqi oil revenues deposited? Sudanese advisor answers" Quote: "Saleh said, “(Externally) and according to Security Council Resolution 1483 in May 2003, the revenues of the Ministry of Finance from crude oil, gas, exported derivatives, and other funds are deposited in the Federal Reserve Bank in New York, all of which are deposited in an account called DFI or its current alternative"
1-3-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking on TV about what is a currency float and what are the advantages to us Iraqi citizens...why even tell us that if you're going to stay at a program rate of 1450? FRANK: I love it when a plan comes together! ...everything is on course...it may look like you're going to stay at 1460 but none of that is true...it is time to tell you about the float because that is inches away...
1-3-2023 Intel Guru MarkZ [via PDK] I believe they are doing a final test of the system to make sure they have everything working properly…The rate we saw pop up most commonly for the Vietnamese dong was $1.39…this doesn’t mean this is what the final rate will be. There is an interesting ping pong going on with foreign currency rates right now. We are getting a lot of fantastic chatter right now…especially from international paymasters. South and Central America specifically. It’s exciting to see movement…but, I don’t know how close we are. I know the group leaders are still in meetings on logistics …or final logistics…just not a firm handle on “when”. [post 2 of 2]
1-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-3-2023 Intel Guru MarkZ [via PDK] ...We are hearing all kinds of stuff from banks all around the world. I cannot tell you how many folks today in our contacts received calls today saying “Hey, you can exchange dong…the Vietnamese dong just showed up on the exchange rate at (?) Then 10 minutes later calls saying don’t go to the banks… There are reports from Columbia and Brazil, South and Central America that they have started the process or about to start the process. We are starting to see (without a hold) rates show up on screens. The problem is sitting right in front of them at the moment the rate shows up…they are popping in and popping out…. It is frustrating today for many on the banking side. [post 1 of 2....stay tuned]
1-3-2023 Newshound Guru Pimpy Is it going to be possible that the HCL issue is going to be signed in 2023? I think you're going to have it done within the first 2 months...That is a major major obstacle in our way with the change in the exchange rate.
1-3-2023 Guru Nader From The Mid East My opinion the country can be fixed yes. The dinar can goes up yes...[but] people all over the world are holding 70 trillion dinars in their hands. Cash. ...Some of you own 1 million...10 million...50 million...IMO as long as we have too much cash...the dinar is not gonna gain values...
1-3-2023 Newshound Guru Militia Man Article: "International Standards in Banking with the CBI" Quote: "facilitate the movement of banking transactions and trade exchange in accordance with international standards." What is not to like about this? Not only is the USA involved, China is too. Don't forget that China has been added to the IMF SDR basket, first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq.
1-3-2023 Intel Guru MarkZ [via PDK] Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing??? Well there isn’t one.
1-3-2023 Guest Guru KandG Article: "What is meant by currency float? What are its advantages and disadvantages?" Very interesting to see an article such as this - WHY would you ever talk about a float - to educate the Iraqi citizens maybe? - maybe you have just told on yourself on what you are doing?
1-3-2023 Newshound Guru Clare Article: "In numbers, the central bank reserves increased by 46% of the foreign currency" Quote: "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. %"
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 3 zero notes!
1-3-2023 Newshound Guru Pimpy There are some games being played with the Iraqi dinar and it looks like Al-Sudani is looking for ways to put a stop to this. I really think it's a cat and mouse game between America and China and Iraq's right in the middle of it.
1-3-2023 Intel Guru MarkZ [via PDK] ...What we are hearing from the banking side of this…I got one great message overnight that simply said “S*** has started”...I am hearing very positive things that the ball has started rolling last night…but, I don’t know what that means for us timing wise…yet. I am getting positive feedback from meetings with no specifics... We didn’t get the smoking gun overnight we hoped for but I am not worried as we are starting to see steady progress.
1-3-2022 Guest Guru yada [I wish I could find evidence that the dinar is no longer pegged to the US dollar but I can't. Can anyone help?] The evidence is in front of you. The fluctuation of the dinar and dollar the past 15 days was it. It had never move this much prior to this because it wasnt, it was moving up and down. And going forward, the Float in itself is proof.
1-3-2023 Guru Nader From The Mid East What Iraq is going through is not easy. You have to...go there and see it for yourself...don't be scare, walk to the mosque...find an Iraq guy or lady...ask them yourself, say, 'Hey what do you think about Iraq?' They're going to tell you it's getting worse and worse by the day...it's not getting better. Even with the sales of oil and private sector getting better...but the people has no money. Don't believe people when they say they have stack of money in their homes. No, we don't have them...
1-3-2022 Intel Guru MarkZ [via PDK] “Sudani: Exchange Rate Fluctuations and their impact made us stick to the inevitability of economic reform” They talk about needing to push forward quickly with the reforms and can no longer kick the can on this. They will address it by stabilization, rate and increasing non state related industries. They want to become a juggernaut through trade…and not just oil.
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking on TV about what is a currency float and what are the advantages to us Iraqi citizens...why even tell us that if you're going to stay at a program rate of 1450? FRANK: I love it when a plan comes together! ...everything is on course...it may look like you're going to stay at 1460 but none of that is true...it is time to tell you about the float because that is inches away...
1-3-2023 Intel Guru MarkZ [via PDK] I believe they are doing a final test of the system to make sure they have everything working properly…The rate we saw pop up most commonly for the Vietnamese dong was $1.39…this doesn’t mean this is what the final rate will be. There is an interesting ping pong going on with foreign currency rates right now. We are getting a lot of fantastic chatter right now…especially from international paymasters. South and Central America specifically. It’s exciting to see movement…but, I don’t know how close we are. I know the group leaders are still in meetings on logistics …or final logistics…just not a firm handle on “when”. [post 2 of 2]
1-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-3-2023 Intel Guru MarkZ [via PDK] ...We are hearing all kinds of stuff from banks all around the world. I cannot tell you how many folks today in our contacts received calls today saying “Hey, you can exchange dong…the Vietnamese dong just showed up on the exchange rate at (?) Then 10 minutes later calls saying don’t go to the banks… There are reports from Columbia and Brazil, South and Central America that they have started the process or about to start the process. We are starting to see (without a hold) rates show up on screens. The problem is sitting right in front of them at the moment the rate shows up…they are popping in and popping out…. It is frustrating today for many on the banking side. [post 1 of 2....stay tuned]
1-3-2023 Newshound Guru Pimpy Is it going to be possible that the HCL issue is going to be signed in 2023? I think you're going to have it done within the first 2 months...That is a major major obstacle in our way with the change in the exchange rate.
1-3-2023 Guru Nader From The Mid East My opinion the country can be fixed yes. The dinar can goes up yes...[but] people all over the world are holding 70 trillion dinars in their hands. Cash. ...Some of you own 1 million...10 million...50 million...IMO as long as we have too much cash...the dinar is not gonna gain values...
1-3-2023 Newshound Guru Militia Man Article: "International Standards in Banking with the CBI" Quote: "facilitate the movement of banking transactions and trade exchange in accordance with international standards." What is not to like about this? Not only is the USA involved, China is too. Don't forget that China has been added to the IMF SDR basket, first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq.
1-3-2023 Intel Guru MarkZ [via PDK] Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing??? Well there isn’t one.
1-3-2023 Guest Guru KandG Article: "What is meant by currency float? What are its advantages and disadvantages?" Very interesting to see an article such as this - WHY would you ever talk about a float - to educate the Iraqi citizens maybe? - maybe you have just told on yourself on what you are doing?
1-3-2023 Newshound Guru Clare Article: "In numbers, the central bank reserves increased by 46% of the foreign currency" Quote: "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. %"
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 3 zero notes!
1-3-2023 Newshound Guru Pimpy There are some games being played with the Iraqi dinar and it looks like Al-Sudani is looking for ways to put a stop to this. I really think it's a cat and mouse game between America and China and Iraq's right in the middle of it.
1-3-2023 Intel Guru MarkZ [via PDK] ...What we are hearing from the banking side of this…I got one great message overnight that simply said “S*** has started”...I am hearing very positive things that the ball has started rolling last night…but, I don’t know what that means for us timing wise…yet. I am getting positive feedback from meetings with no specifics... We didn’t get the smoking gun overnight we hoped for but I am not worried as we are starting to see steady progress.
1-3-2022 Guest Guru yada [I wish I could find evidence that the dinar is no longer pegged to the US dollar but I can't. Can anyone help?] The evidence is in front of you. The fluctuation of the dinar and dollar the past 15 days was it. It had never move this much prior to this because it wasnt, it was moving up and down. And going forward, the Float in itself is proof.
1-3-2023 Guru Nader From The Mid East What Iraq is going through is not easy. You have to...go there and see it for yourself...don't be scare, walk to the mosque...find an Iraq guy or lady...ask them yourself, say, 'Hey what do you think about Iraq?' They're going to tell you it's getting worse and worse by the day...it's not getting better. Even with the sales of oil and private sector getting better...but the people has no money. Don't believe people when they say they have stack of money in their homes. No, we don't have them...
1-3-2022 Intel Guru MarkZ [via PDK] “Sudani: Exchange Rate Fluctuations and their impact made us stick to the inevitability of economic reform” They talk about needing to push forward quickly with the reforms and can no longer kick the can on this. They will address it by stabilization, rate and increasing non state related industries. They want to become a juggernaut through trade…and not just oil.
1-2-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-2-2023 Newshound Guru Pimpy The 2023 budget is getting ready to be presented to the House of Representatives. What are they worried about? The stability of the economy and currency. That's a problem...Why isn't it stable? We have some very corrupt people who make money off the currency and the country being unstable and these people have very powerful positions within Iraq. A lot of them are politicians, a lot of them are backed by the Iranian mullahs, a lot of them have their own supporters within Iraq...
1-2-2023 Intel Guru Frank26 Article: "What is meant by currency float? What are its advantages and disadvantages?" [Guru] WS & I TOLD YOU SO, THAT THE MONETARY REFORM EDUCATION TO THE IRAQI CITIZENS WOULD BE LOUD, PRECISE & VERY CLEAR... THEY TEACH THE IRAQI CITIZENS ON HOW THEIR CURRENCY IS ABOUT TO ENTER AN INTERNATIONAL FLOAT... TA-DA.
1-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-2-2023 Newshound Guru Clare Article: "Abdul Hassan Al-Shammari to / NINA /: I do not worry about the stability of the local currency, with the large reserves of the dollar and gold...in addition to that the continuous flow of foreign currency from the export of oil in particular."
1-2-2023 Intel Guru MarkZ [via PDK] Here is the chatter from the banks ...Ongoing meetings throughout the day and into this evening. I’ve got some private banking contacts that are part of this process and are hoping to be able to send out their announcements and notifications late tonight or tomorrow. This is still their goal...I do know we are awfully close. They are very hopeful that by tomorrow they will be able to send out announcements. I hope they are correct...I am hearing it from a lot of different sources. …I am praying this is it...we will watch it closely.
1-2-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and the powers that be (UN, US, UK/EU, IMF, World Bank) are not interested in allowing Iraq back into the global markets with a track record of corruption and security issues. Security issues means that international companies cannot invest in Iraq. Without the investment factor, little happens...
1-2-2023 Newshound Guru Paulette Article: "Parliamentary agreement on the legislation of the oil and gas law" Quote: "everyone agrees on the oil and gas law, and it will be legislated during the coming period." Huuuuuge ...WE always believed the Kurds would never agree until the last minute...Waiting for it to be legislated.
1-2-2023 Guru Nader From The Mid East I'm not expecting anything in the budget. I hope something is in it...but for sure something in it, I don't think so...if you look at the private sector...economy...everything is going well... they're doing good, yes...I'm not saying it's not gonna happen, it's just going to take time...you made an investment, it's a long-term investment...it's going to happen when it's ready...
1-2-2023 Newshound Guru Pimpy Article: "Expert: No Concern About The Stability Of The Dinar With The Presence Of large Reserves Of The Dollar And Gold" Remember I was telling you as they continue to increase their foreign reserve assets and their gold reserves the whole purpose of that was to help stabilize and protect the Iraqi dinar and that's what this economist is talking about...
1-2-2023 Intel Guru Frank26 Question: "Do you think anything will happen in 2023?" I don't know, I can't predict that but I am leaning more on the fact that they are going to get this thing done this time around.
1-2-2023 Intel Guru MarkZ [via PDK] I am still hearing positive things on the news side... There are great expectations we will see movement today. Cross your fingers that this is it. This is the day they were looking for movement to start...hopefully release by tomorrow...I still expect the rate to come out close to $4 and the oil for dinar deal maybe $2 higher.
1-2-2023 Newshound Guru Clare Article: "What is meant by currency float? What are its advantages and disadvantages?” Quote: "There are millions of traders around the world buying and selling currencies...The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase..."
1-2-2023 Guest Guru yada ...The mechanism is in place in and outside of Iraq. The dinar is not pegged to the dollar and for the past 15 days or so, it has been adjusting to home in on pairing with the other currencies in the basket. The people will have to use dinar to make their exchanges on their apps and the rest of the world will be using dinar for their contracts. No more having to convert to dollar to buy/sell, straight dinar/dong, dinar/yuan, dinar/pound, dinar with any other contract they've established.
1-2-2023 Newshound Guru Pimpy The 2023 budget is getting ready to be presented to the House of Representatives. What are they worried about? The stability of the economy and currency. That's a problem...Why isn't it stable? We have some very corrupt people who make money off the currency and the country being unstable and these people have very powerful positions within Iraq. A lot of them are politicians, a lot of them are backed by the Iranian mullahs, a lot of them have their own supporters within Iraq...
1-2-2023 Intel Guru Frank26 Article: "What is meant by currency float? What are its advantages and disadvantages?" [Guru] WS & I TOLD YOU SO, THAT THE MONETARY REFORM EDUCATION TO THE IRAQI CITIZENS WOULD BE LOUD, PRECISE & VERY CLEAR... THEY TEACH THE IRAQI CITIZENS ON HOW THEIR CURRENCY IS ABOUT TO ENTER AN INTERNATIONAL FLOAT... TA-DA.
1-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-2-2023 Newshound Guru Clare Article: "Abdul Hassan Al-Shammari to / NINA /: I do not worry about the stability of the local currency, with the large reserves of the dollar and gold...in addition to that the continuous flow of foreign currency from the export of oil in particular."
1-2-2023 Intel Guru MarkZ [via PDK] Here is the chatter from the banks ...Ongoing meetings throughout the day and into this evening. I’ve got some private banking contacts that are part of this process and are hoping to be able to send out their announcements and notifications late tonight or tomorrow. This is still their goal...I do know we are awfully close. They are very hopeful that by tomorrow they will be able to send out announcements. I hope they are correct...I am hearing it from a lot of different sources. …I am praying this is it...we will watch it closely.
1-2-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and the powers that be (UN, US, UK/EU, IMF, World Bank) are not interested in allowing Iraq back into the global markets with a track record of corruption and security issues. Security issues means that international companies cannot invest in Iraq. Without the investment factor, little happens...
1-2-2023 Newshound Guru Paulette Article: "Parliamentary agreement on the legislation of the oil and gas law" Quote: "everyone agrees on the oil and gas law, and it will be legislated during the coming period." Huuuuuge ...WE always believed the Kurds would never agree until the last minute...Waiting for it to be legislated.
1-2-2023 Guru Nader From The Mid East I'm not expecting anything in the budget. I hope something is in it...but for sure something in it, I don't think so...if you look at the private sector...economy...everything is going well... they're doing good, yes...I'm not saying it's not gonna happen, it's just going to take time...you made an investment, it's a long-term investment...it's going to happen when it's ready...
1-2-2023 Newshound Guru Pimpy Article: "Expert: No Concern About The Stability Of The Dinar With The Presence Of large Reserves Of The Dollar And Gold" Remember I was telling you as they continue to increase their foreign reserve assets and their gold reserves the whole purpose of that was to help stabilize and protect the Iraqi dinar and that's what this economist is talking about...
1-2-2023 Intel Guru Frank26 Question: "Do you think anything will happen in 2023?" I don't know, I can't predict that but I am leaning more on the fact that they are going to get this thing done this time around.
1-2-2023 Intel Guru MarkZ [via PDK] I am still hearing positive things on the news side... There are great expectations we will see movement today. Cross your fingers that this is it. This is the day they were looking for movement to start...hopefully release by tomorrow...I still expect the rate to come out close to $4 and the oil for dinar deal maybe $2 higher.
1-2-2023 Newshound Guru Clare Article: "What is meant by currency float? What are its advantages and disadvantages?” Quote: "There are millions of traders around the world buying and selling currencies...The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase..."
1-2-2023 Guest Guru yada ...The mechanism is in place in and outside of Iraq. The dinar is not pegged to the dollar and for the past 15 days or so, it has been adjusting to home in on pairing with the other currencies in the basket. The people will have to use dinar to make their exchanges on their apps and the rest of the world will be using dinar for their contracts. No more having to convert to dollar to buy/sell, straight dinar/dong, dinar/yuan, dinar/pound, dinar with any other contract they've established.
1-1-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-1-2023 Intel Guru Frank26 Question: "Would $3.44 be where the float starts or would that be where it's capped?" That would be the capping. That would be the Real Effective Exchange Rate...you don't want it to go to far past the other middle eastern countries...Question: "So the maximum rate will be $3.44 when we should 'fold'm'? Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-1-2023 Newshound Guru Pimpy I can see there's a whole new wave of new people coming into the investment of the Iraqi dinar. I can tell whenever there's a new wave because I get asked the same questions and when I give the answers and they don't like it it's because they've heard some rumors or heard somebody else's narrative and mine did not line up...everybody's swearing up and down that the Iraqi dinar is going to revalue to $3.22...that's not going to happen.
1-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-1-2023 Newshound Guru Militia Man The Ministerial Council of Economies is a new group that has been activated to support Iraq in the process of economic and monetary reforms in the last phase that they are in now...This is a new ministry...it is nothing but phenomenal for the Iraqi citizens and us by extension.
1-1-2023 Guest Guru yada There was an article about a week ago, basically stating, "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards." Application of the international standards is the set up for the float to be released internationally. We were told the beginning of December to expect a good Christmas, meaning rate change but this process didn't get started until the 24th. We are seeing this come to us like a freight train with the float first.
1-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar has not gone up in value for many decades because it was not being respected with its exchange rate. It could very well jump into the Middle East basket at 1460 but that is not the CBI's goal. The goal is to de-dollarize and that is the uncertainty/unknown of these positions of the monetary reform right now. Where are they in the budget? Where are they in the exchange rate? Where are they with the new small category notes? Will the Iraqi dinar go into the basket at a program rate or at least at a 1 to 1 rate with the American dollar?
1-1-2023 Newshound Guru Clare Article: "After a rapid collapse of the Iranian currency.. the resignation of the head of the Central Bank of Iran" Quote: "Days after the historic collapse of the Iranian currency in the markets, the head of the Central Bank of Iran, Ali Saleh Abadi, resigned from his post..."
1-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Late January Iraqi citizens have been told they will be able to buy US stocks or any other stock in the world in our market. This screams some type of international. FRANK: That is correct. You will be able to buy currency outside your borders because the international world will be able to buy your currency outside of your borders also. And as it travels outside in a float it will gain value, security and stability. I pray to God they take it up to at least $3.22 maybe even as high as $4.25 but it's up to the agreements they made with Kuwait and the IMF.
1-1-2023 Newshound Guru Pimpy As in 2022 I would say about 2023...Al-Kazemi got Iraq back on track with reform papers despite all the obstacles and the lack of support. Al-Sudani appears to have the support necessary to continue these reforms. That's what we hope happens. We're going to find out just how much corruption is involved with Al-Sudani here very shortly and we're going to find out if all of a sudden Sadr jumps back on the scene and starts making waves and we go through another wave of protests which is not what we want...My guess is we're going to see a real clear picture about everything the first 3 months going into 2023...
1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar...just my thoughts.
1-1-2023 Intel Guru Frank26 Question: "Would $3.44 be where the float starts or would that be where it's capped?" That would be the capping. That would be the Real Effective Exchange Rate...you don't want it to go to far past the other middle eastern countries...Question: "So the maximum rate will be $3.44 when we should 'fold'm'? Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-1-2023 Newshound Guru Pimpy I can see there's a whole new wave of new people coming into the investment of the Iraqi dinar. I can tell whenever there's a new wave because I get asked the same questions and when I give the answers and they don't like it it's because they've heard some rumors or heard somebody else's narrative and mine did not line up...everybody's swearing up and down that the Iraqi dinar is going to revalue to $3.22...that's not going to happen.
1-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-1-2023 Newshound Guru Militia Man The Ministerial Council of Economies is a new group that has been activated to support Iraq in the process of economic and monetary reforms in the last phase that they are in now...This is a new ministry...it is nothing but phenomenal for the Iraqi citizens and us by extension.
1-1-2023 Guest Guru yada There was an article about a week ago, basically stating, "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards." Application of the international standards is the set up for the float to be released internationally. We were told the beginning of December to expect a good Christmas, meaning rate change but this process didn't get started until the 24th. We are seeing this come to us like a freight train with the float first.
1-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar has not gone up in value for many decades because it was not being respected with its exchange rate. It could very well jump into the Middle East basket at 1460 but that is not the CBI's goal. The goal is to de-dollarize and that is the uncertainty/unknown of these positions of the monetary reform right now. Where are they in the budget? Where are they in the exchange rate? Where are they with the new small category notes? Will the Iraqi dinar go into the basket at a program rate or at least at a 1 to 1 rate with the American dollar?
1-1-2023 Newshound Guru Clare Article: "After a rapid collapse of the Iranian currency.. the resignation of the head of the Central Bank of Iran" Quote: "Days after the historic collapse of the Iranian currency in the markets, the head of the Central Bank of Iran, Ali Saleh Abadi, resigned from his post..."
1-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Late January Iraqi citizens have been told they will be able to buy US stocks or any other stock in the world in our market. This screams some type of international. FRANK: That is correct. You will be able to buy currency outside your borders because the international world will be able to buy your currency outside of your borders also. And as it travels outside in a float it will gain value, security and stability. I pray to God they take it up to at least $3.22 maybe even as high as $4.25 but it's up to the agreements they made with Kuwait and the IMF.
1-1-2023 Newshound Guru Pimpy As in 2022 I would say about 2023...Al-Kazemi got Iraq back on track with reform papers despite all the obstacles and the lack of support. Al-Sudani appears to have the support necessary to continue these reforms. That's what we hope happens. We're going to find out just how much corruption is involved with Al-Sudani here very shortly and we're going to find out if all of a sudden Sadr jumps back on the scene and starts making waves and we go through another wave of protests which is not what we want...My guess is we're going to see a real clear picture about everything the first 3 months going into 2023...
1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar...just my thoughts.
12-31-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-31-2022 Intel Guru Frank26 Question "Do you think all currencies in the basket will go all at once?" No. Absolutely not. Notice no body talks about the GCR...theres no such thing. It's mathematically impossible...
12-31-2022 Intel Guru MarkZ [via PDK] [Guru] Sheila said yesterday (...currency contact) said “I am very upbeat, I am expecting notifications before the end of the year or this weekend.” So she is hearing great things as well. She is as excited as I am right now.
12-31-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-31-2022 Newshound Guru Clare Article: "The volume of trade exchange between China and the Arab countries amounted to 300 billion dollars” WHAT WE ARE WITNESSING IS HISTORIC!...THAT IS A LOT OF MONEY AND A HUGE "SHIFT" IS TAKING PLACE RIGHT BEFORE OUR EYES!
12-31-2022 Intel Guru Frank26 Human greed, gluttony...kicks in because the horns of Satan cause you to think that way. Don't give your dinars to anybody else that is promising you more than what is legal. Any bank can only give you the rate the CBI is a part of. "Oh, but I belong to the humanitarian project and they are going to give me more". How is that possible? You can't get blood out of a turnip...Don't let these people do this to you. They want your dinars... [Post 2 of 2]
12-31-2022 Intel Guru Frank26 Don't give them [Your dinars] to anybody. There are many demons of Satan out there... Ring-a-ding-ding - Hello? 'You got dinars? I tell you what, we belong to a humanitarian project. It's with the United Nations. Oh, yeah it's good people. What we're going to do is give $5 for every dinar. Yeah! Not what the CBI is going to give. So send me your dinars and we'll hold them here in our vault and when it happens we'll take good care of you. Yeah, we're going to send you documents. Yeah, we'll sign a piece of paper saying we have your dinars. You're going to get a lot more than everybody else.' [Post 1 of 2....stay tuned]
12-31-2022 Intel Guru MarkZ [via PDK] Crazy chatter on the banking side that they are going to release over this weekend...remember we have been here before with this excitement. I can tell you that the number of sources looking for it over this long weekend continues to grow… The chatter is phenomenal that we will start redemptions on the 2nd or 3rd…. We hope this is right and not another “Boy crying Wolf”. Pray this is it.
I believe 2023 is going to be awesome.
12-31-2022 Newshound Guru Pimpy Article: "Sudanese advisor explains about (fluctuations) the exchange rate of the dollar" The paragraph caught my attention... "The collection of foreign currency is increasing to meet the requirements of foreign trade and is achieved immediately." It looks like Iraq is close to stepping on the international scene and playing a much bigger role here sooner than later, which is exactly what we want. But it doesn't help that Iraq has to finish with infrastructure, help build up the private and public sectors and get away from relying so much on oil...they appear to be on track...
12-31-2022 Intel Guru Bruce [via WiserNow] ...we've got four basic confirmations that they are going to roll for us on Tuesday, which is the third of January with our notifications coming either Monday in the afternoon or Tuesday before noon. ...I'm excited. I'm excited because I could see that there's light at the end of the tunnel...I see really strong things for us coming very soon. I am excited about the timing of this...
12-31-2022 Newshound/Intel Guru Mnt Goat Article: "WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?" This article is a VERY GOOD lesson in what it means to FLOAT a currency. ...they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange...floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013...I ask, why now publish such an article?
12-31-2022 Intel Guru Frank26 Question "Do you think all currencies in the basket will go all at once?" No. Absolutely not. Notice no body talks about the GCR...theres no such thing. It's mathematically impossible...
12-31-2022 Intel Guru MarkZ [via PDK] [Guru] Sheila said yesterday (...currency contact) said “I am very upbeat, I am expecting notifications before the end of the year or this weekend.” So she is hearing great things as well. She is as excited as I am right now.
12-31-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-31-2022 Newshound Guru Clare Article: "The volume of trade exchange between China and the Arab countries amounted to 300 billion dollars” WHAT WE ARE WITNESSING IS HISTORIC!...THAT IS A LOT OF MONEY AND A HUGE "SHIFT" IS TAKING PLACE RIGHT BEFORE OUR EYES!
12-31-2022 Intel Guru Frank26 Human greed, gluttony...kicks in because the horns of Satan cause you to think that way. Don't give your dinars to anybody else that is promising you more than what is legal. Any bank can only give you the rate the CBI is a part of. "Oh, but I belong to the humanitarian project and they are going to give me more". How is that possible? You can't get blood out of a turnip...Don't let these people do this to you. They want your dinars... [Post 2 of 2]
12-31-2022 Intel Guru Frank26 Don't give them [Your dinars] to anybody. There are many demons of Satan out there... Ring-a-ding-ding - Hello? 'You got dinars? I tell you what, we belong to a humanitarian project. It's with the United Nations. Oh, yeah it's good people. What we're going to do is give $5 for every dinar. Yeah! Not what the CBI is going to give. So send me your dinars and we'll hold them here in our vault and when it happens we'll take good care of you. Yeah, we're going to send you documents. Yeah, we'll sign a piece of paper saying we have your dinars. You're going to get a lot more than everybody else.' [Post 1 of 2....stay tuned]
12-31-2022 Intel Guru MarkZ [via PDK] Crazy chatter on the banking side that they are going to release over this weekend...remember we have been here before with this excitement. I can tell you that the number of sources looking for it over this long weekend continues to grow… The chatter is phenomenal that we will start redemptions on the 2nd or 3rd…. We hope this is right and not another “Boy crying Wolf”. Pray this is it.
I believe 2023 is going to be awesome.
12-31-2022 Newshound Guru Pimpy Article: "Sudanese advisor explains about (fluctuations) the exchange rate of the dollar" The paragraph caught my attention... "The collection of foreign currency is increasing to meet the requirements of foreign trade and is achieved immediately." It looks like Iraq is close to stepping on the international scene and playing a much bigger role here sooner than later, which is exactly what we want. But it doesn't help that Iraq has to finish with infrastructure, help build up the private and public sectors and get away from relying so much on oil...they appear to be on track...
12-31-2022 Intel Guru Bruce [via WiserNow] ...we've got four basic confirmations that they are going to roll for us on Tuesday, which is the third of January with our notifications coming either Monday in the afternoon or Tuesday before noon. ...I'm excited. I'm excited because I could see that there's light at the end of the tunnel...I see really strong things for us coming very soon. I am excited about the timing of this...
12-31-2022 Newshound/Intel Guru Mnt Goat Article: "WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?" This article is a VERY GOOD lesson in what it means to FLOAT a currency. ...they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange...floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013...I ask, why now publish such an article?
12-30-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-30-2022 Intel Guru Frank26 "FROM HOT POTATOES TO HOT TAMALES THE EXCHANGE RATE IS MUY CALIENTE!!!"...
12-30-2022 Newshound Guru Pimpy The medium age in Iraq is 21. What that means is the age where half the people are above it and half the people below it. That's the halfway part which is good because half the population is right at that working age. Other countries would be interested in investing into Iraq because there's a lot of potential there... 21 years is pretty young and that is the halfway mark.
12-30-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-30-2022 Intel Guru Frank26 Question: "Anything on the Dong?" I don't believe the dong is ready. I believe it will go in a basket first. But I believe the Iraqi dinar has priority.
12-30-2022 Newshound Guru Paulette IMSO, the rate will have to apply to both new and old currency as the CBI has stated the 3 000's will coexist with the NSCN's for at least two years and upwards of ten years. A few weeks back, the CBI again stated that they are not going to remove any currency denominations when they unveil the 20,000...I hope I am right as the release of the 20 absent a 20,000 is another indication that the new rate will directly apply to all.
12-30-2022 Intel Guru RayRen Community comment: "WAIT...CITIBANK IS SELLING DINAR AT 600 + PER MIL. IS THAT WHAT THEY ARE DOING." YES.
12-30-2022 Newshound Guru Militia Man The move by the US Federal Reserve Bank has their [Iraq's] attention...What the USFED did was to put a fire under the bus with them in it. The reduction in the dollar sales has had a huge impact on what we are witnessing. The USFED told us they are not backing down. The CBI is obliged to meet their requirements now...We have heard there is an urgency to get this over the line. I am fairly sure the fire is stoked enough to do so.. imo This is good.
12-30-2022 Newshound/Intel Guru Mnt Goat As we end 2022 the news is heating up over what to do with the Iraqi dinar and save Iraq. We have been reading articles for over a year now on how to fix it and increase the purchasing power of the dinar. But the CBI had other plans in the White Paper and they needed to reach historic levels of reserves in order to make their next move. Yes, there is some pain the process but better to suffer a little now and then later celebrate when the prosperity and abundance comes.
12-30-2022 Newshound Guru Clare Article: "Fixing the dollar and oil in the 2023 budget and the truth about US sanctions.. "Sami's Spectrum" reveals the details" Quote: "The price of a barrel of oil, which has been set so far in the general budget, amounted to 65 dollars...while the dollar exchange rate has been fixed at 1450."
12-30-2022 Newshound Guru Kaperoni A float is what's going to happen with the Iraqi dinar but it cannot happen until Iraq creates a private sector to diversify away from oil. It's going to take the passage of over 100 stalled laws, foreign investment and the diversification of their economy before they can float.
12-30-2022 Intel Guru Frank26 Article: "Documents .. The Iraqi finance stops appointments, transfers and bonuses until the approval of the 2023 budget" FROM CITIZEN'S BANK ACCOUNTS TO THE GOI 2023 BUDGET... EVERYTHING IS FROZEN WAITING FOR THE NEW EXCHANGE RATE... BECAUSE THE EXCHANGE RATE WAITS FOR NO ONE.
12-30-2022 Intel Guru MarkZ [via PDK] ...Still hearing everywhere from... us in the banks on the 2nd…to us in the banks by the 14th…we just know its close. We know they are moving forward quickly…
12-30-2022 Newshound Guru Sandy Ingram In 2004 the CBI set up the foreign currency auctions as a way to control the rate on the black market. Now we understand it is the black market that has control and the Iraqi people are not concerned with what the CBI is doing. They're only concerned with the black market...
12-30-2022 Newshound Guru Pimpy Iraq is still struggling to do what is necessary to stabilize the exchange rate...
12-30-2022 Intel Guru Frank26 Article: "Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons" THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM.
12-30-2022 Newshound Guru Militia Man The UST has Iraq's CBI in a position to make a exchange rate change, imo.. They are likely at a point now there is no looking back in not doing so. Show time? It looks that way. There were meetings today with the CBI Governor.
12-30-2022 Intel Guru Frank26 "FROM HOT POTATOES TO HOT TAMALES THE EXCHANGE RATE IS MUY CALIENTE!!!"...
12-30-2022 Newshound Guru Pimpy The medium age in Iraq is 21. What that means is the age where half the people are above it and half the people below it. That's the halfway part which is good because half the population is right at that working age. Other countries would be interested in investing into Iraq because there's a lot of potential there... 21 years is pretty young and that is the halfway mark.
12-30-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-30-2022 Intel Guru Frank26 Question: "Anything on the Dong?" I don't believe the dong is ready. I believe it will go in a basket first. But I believe the Iraqi dinar has priority.
12-30-2022 Newshound Guru Paulette IMSO, the rate will have to apply to both new and old currency as the CBI has stated the 3 000's will coexist with the NSCN's for at least two years and upwards of ten years. A few weeks back, the CBI again stated that they are not going to remove any currency denominations when they unveil the 20,000...I hope I am right as the release of the 20 absent a 20,000 is another indication that the new rate will directly apply to all.
12-30-2022 Intel Guru RayRen Community comment: "WAIT...CITIBANK IS SELLING DINAR AT 600 + PER MIL. IS THAT WHAT THEY ARE DOING." YES.
12-30-2022 Newshound Guru Militia Man The move by the US Federal Reserve Bank has their [Iraq's] attention...What the USFED did was to put a fire under the bus with them in it. The reduction in the dollar sales has had a huge impact on what we are witnessing. The USFED told us they are not backing down. The CBI is obliged to meet their requirements now...We have heard there is an urgency to get this over the line. I am fairly sure the fire is stoked enough to do so.. imo This is good.
12-30-2022 Newshound/Intel Guru Mnt Goat As we end 2022 the news is heating up over what to do with the Iraqi dinar and save Iraq. We have been reading articles for over a year now on how to fix it and increase the purchasing power of the dinar. But the CBI had other plans in the White Paper and they needed to reach historic levels of reserves in order to make their next move. Yes, there is some pain the process but better to suffer a little now and then later celebrate when the prosperity and abundance comes.
12-30-2022 Newshound Guru Clare Article: "Fixing the dollar and oil in the 2023 budget and the truth about US sanctions.. "Sami's Spectrum" reveals the details" Quote: "The price of a barrel of oil, which has been set so far in the general budget, amounted to 65 dollars...while the dollar exchange rate has been fixed at 1450."
12-30-2022 Newshound Guru Kaperoni A float is what's going to happen with the Iraqi dinar but it cannot happen until Iraq creates a private sector to diversify away from oil. It's going to take the passage of over 100 stalled laws, foreign investment and the diversification of their economy before they can float.
12-30-2022 Intel Guru Frank26 Article: "Documents .. The Iraqi finance stops appointments, transfers and bonuses until the approval of the 2023 budget" FROM CITIZEN'S BANK ACCOUNTS TO THE GOI 2023 BUDGET... EVERYTHING IS FROZEN WAITING FOR THE NEW EXCHANGE RATE... BECAUSE THE EXCHANGE RATE WAITS FOR NO ONE.
12-30-2022 Intel Guru MarkZ [via PDK] ...Still hearing everywhere from... us in the banks on the 2nd…to us in the banks by the 14th…we just know its close. We know they are moving forward quickly…
12-30-2022 Newshound Guru Sandy Ingram In 2004 the CBI set up the foreign currency auctions as a way to control the rate on the black market. Now we understand it is the black market that has control and the Iraqi people are not concerned with what the CBI is doing. They're only concerned with the black market...
12-30-2022 Newshound Guru Pimpy Iraq is still struggling to do what is necessary to stabilize the exchange rate...
12-30-2022 Intel Guru Frank26 Article: "Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons" THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM.
12-30-2022 Newshound Guru Militia Man The UST has Iraq's CBI in a position to make a exchange rate change, imo.. They are likely at a point now there is no looking back in not doing so. Show time? It looks that way. There were meetings today with the CBI Governor.
12-29-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-29-2022 Newshound Guru Pimpy The country [Iraq] does have a lot of Iraqi dinar out there - something in the neighborhood of 157 trillion dinars ...What they're doing is allowing Iraqi people to buy U.S. dollars...that allows the Iraqi government and the central bank to buy up a lot of the local currency and destroy it/get it out of circulation. Think supply and demand. The less there are available of the Iraqi dinar the more valuable it becomes.
12-29-2022 Intel Guru Frank26 Article: "Decline of the dollar in Iraq" I thought it was an increase in the dollar in Iraq?! So which is it? ...NOTICE THE 2%-3% PLUS OR MINUS FLUCTUATION... AND THAT'S BECAUSE IT IS DEPEGGING FROM THE USD. Today it went the other way. It fluctuated with the American dollar going down against the Iraqi dinar. Where as before it was going up against the Iraqi dinar, which is what we don't want. The management of the exchange rate crisis by the Central Bank of Iraq is being well taken care of...IMO you will see this downward trend until the Iraqi dinar floats.
12-29-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-29-2022 Intel Guru MarkZ [via PDK] [Is the 80 trillion dinar in circulation a problem?] Not really…They have been busy buying much of the dinar out of circulation…left and right. Dr. Shabibi did the math some time ago when even more dinar was in circulation and he justified a really high revaluation price…. So based on what the man who designed the Iraqi RV…It is not an issue. A lot of dinar in circulation is what you and I are holding and it will be traded for oil with the “Oil for Dinar “contract.
12-29-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is poised/positioning its bank, currency and exchange rate to go into an international float. Yes it can float at a program rate but the supply and demand is what will drive the value of the IQD upward.
12-29-2022 Newshound Guru Militia Man Article: "A government source reveals through “Al-Ahed News” that the US is black mailing Iraq over the dollar" Quote: "...manipulation of prices and the Iraqi market is for political reasons, the most prominent of which is the attempt to thwart the Sudanese government, which was intending to reduce the dollar during the next stage." Why is the Dollar rising in value in Iraq and not the Dinar? Is it a supply and demand issue with the Dollar for nefarious reasons? Is there a group(s) that have an interest in obtaining dollars outside of UST sanctions? Fairly sure if anyone goes to the UST website and signs up for emails, they can see that there is...
12-29-2022 Newshound Guru Samson Article: "Disclosure of US sanctions that will affect 14 new Iraqi banks" Quote: "...there is no need to worry about the dollar's rise, because it is just speculation...Some banks are unable to deal with the electronic platform, adding that, the central bank's policy of dealing with the dollar crisis has been wise so far."
12-29-2022 Newshound Guru Pimpy Al-Kazemi had a great plan. He had a white paper. He was implementing it. When Al-Sudani got in there I thought for sure they were going to tear up those white papers and go right back to the corruption we had before. It doesn't look like that's happening. It looks like Al-Sudani is following the groundwork laid out be Al-Kazemi...
12-29-2022 Intel Guru Frank26 Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Once in a blue moon there is an article that stops traffic. This stopped traffic on a one way street! ...the moment you see the HCL, nanoseconds after that you'll see the new exchange rate. Have I changed that statement? No...wow. Wow. WOW! ...this is an amazing article...
12-29-2022 Intel Guru MarkZ [via PDK] ...I am still hearing great things that this will be our last few days…and our last “poor weekend” None of us know for certain but the chatter is exceptionally good….
12-29-2022 Newshound Guru Sandy Ingram Article: "Iraqi dinar trembles as US fights currency flow to Iran" Major major concern over currency in Iraq or the lack of U.S. dollar currency. The U.S. has taken steps to stop the flow of U.S. dollars into Iran. As a result the value for the Iraqi dinar on the black market is trembling...the rate on the CBI market is around 1470 IQD to 1 USD but on the black market the rate has gone up to approximately 1550 IQD to 1 USD. What we're learning is the black market is what the Iraqi people react to...
12-29-2022 Newshound Guru Pimpy I'm reading more and more articles that Iraq is struggling with the exchange rate between the U.S. dollar and Iraqi dinar...People don't know this...but the United States has a right to interfere in International markets as it deems necessary to control the markets around the world. When I read this as part of the Federal Reserve's job it blew my mind. I didn't realize how much power the Federal Reserve had.
12-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: [His bank friend says] It's really close. He says they're just ironing out the final issues. He thinks when we see the HCL then the budget will appear to the parliament. Or if the budget goes first it will not be approved until the HCL is approved and implemented. FRANK: Either way I agree 100% on every direction/option he gave...yes it is very close...I believe you'll see a combination of 3 things. The budget, new exchange rate and the HCL all together at once...bring them together at the beginning of the year.
12-29-2022 Intel Guru MarkZ [via PDK] Some chatter...from a number of the large groups...They are telling us it should start this week but it won’t be until Jan 2nd for us to be in the banks. This is because of how the rollout is expected to happen…That is the chatter...I pray this is accurate. The chatter is unreal right now. The number of sources I have heard this from has been nuts... They are expecting us to actually be starting into the banks on the 2nd or 3rd at the absolute latest…now we have to see if it happens or not...we are seeing many things coming together at one time.
12-29-2022 Newshound/Intel Guru Mnt Goat We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….
12-29-2022 Newshound Guru Pimpy The country [Iraq] does have a lot of Iraqi dinar out there - something in the neighborhood of 157 trillion dinars ...What they're doing is allowing Iraqi people to buy U.S. dollars...that allows the Iraqi government and the central bank to buy up a lot of the local currency and destroy it/get it out of circulation. Think supply and demand. The less there are available of the Iraqi dinar the more valuable it becomes.
12-29-2022 Intel Guru Frank26 Article: "Decline of the dollar in Iraq" I thought it was an increase in the dollar in Iraq?! So which is it? ...NOTICE THE 2%-3% PLUS OR MINUS FLUCTUATION... AND THAT'S BECAUSE IT IS DEPEGGING FROM THE USD. Today it went the other way. It fluctuated with the American dollar going down against the Iraqi dinar. Where as before it was going up against the Iraqi dinar, which is what we don't want. The management of the exchange rate crisis by the Central Bank of Iraq is being well taken care of...IMO you will see this downward trend until the Iraqi dinar floats.
12-29-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-29-2022 Intel Guru MarkZ [via PDK] [Is the 80 trillion dinar in circulation a problem?] Not really…They have been busy buying much of the dinar out of circulation…left and right. Dr. Shabibi did the math some time ago when even more dinar was in circulation and he justified a really high revaluation price…. So based on what the man who designed the Iraqi RV…It is not an issue. A lot of dinar in circulation is what you and I are holding and it will be traded for oil with the “Oil for Dinar “contract.
12-29-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is poised/positioning its bank, currency and exchange rate to go into an international float. Yes it can float at a program rate but the supply and demand is what will drive the value of the IQD upward.
12-29-2022 Newshound Guru Militia Man Article: "A government source reveals through “Al-Ahed News” that the US is black mailing Iraq over the dollar" Quote: "...manipulation of prices and the Iraqi market is for political reasons, the most prominent of which is the attempt to thwart the Sudanese government, which was intending to reduce the dollar during the next stage." Why is the Dollar rising in value in Iraq and not the Dinar? Is it a supply and demand issue with the Dollar for nefarious reasons? Is there a group(s) that have an interest in obtaining dollars outside of UST sanctions? Fairly sure if anyone goes to the UST website and signs up for emails, they can see that there is...
12-29-2022 Newshound Guru Samson Article: "Disclosure of US sanctions that will affect 14 new Iraqi banks" Quote: "...there is no need to worry about the dollar's rise, because it is just speculation...Some banks are unable to deal with the electronic platform, adding that, the central bank's policy of dealing with the dollar crisis has been wise so far."
12-29-2022 Newshound Guru Pimpy Al-Kazemi had a great plan. He had a white paper. He was implementing it. When Al-Sudani got in there I thought for sure they were going to tear up those white papers and go right back to the corruption we had before. It doesn't look like that's happening. It looks like Al-Sudani is following the groundwork laid out be Al-Kazemi...
12-29-2022 Intel Guru Frank26 Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Once in a blue moon there is an article that stops traffic. This stopped traffic on a one way street! ...the moment you see the HCL, nanoseconds after that you'll see the new exchange rate. Have I changed that statement? No...wow. Wow. WOW! ...this is an amazing article...
12-29-2022 Intel Guru MarkZ [via PDK] ...I am still hearing great things that this will be our last few days…and our last “poor weekend” None of us know for certain but the chatter is exceptionally good….
12-29-2022 Newshound Guru Sandy Ingram Article: "Iraqi dinar trembles as US fights currency flow to Iran" Major major concern over currency in Iraq or the lack of U.S. dollar currency. The U.S. has taken steps to stop the flow of U.S. dollars into Iran. As a result the value for the Iraqi dinar on the black market is trembling...the rate on the CBI market is around 1470 IQD to 1 USD but on the black market the rate has gone up to approximately 1550 IQD to 1 USD. What we're learning is the black market is what the Iraqi people react to...
12-29-2022 Newshound Guru Pimpy I'm reading more and more articles that Iraq is struggling with the exchange rate between the U.S. dollar and Iraqi dinar...People don't know this...but the United States has a right to interfere in International markets as it deems necessary to control the markets around the world. When I read this as part of the Federal Reserve's job it blew my mind. I didn't realize how much power the Federal Reserve had.
12-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: [His bank friend says] It's really close. He says they're just ironing out the final issues. He thinks when we see the HCL then the budget will appear to the parliament. Or if the budget goes first it will not be approved until the HCL is approved and implemented. FRANK: Either way I agree 100% on every direction/option he gave...yes it is very close...I believe you'll see a combination of 3 things. The budget, new exchange rate and the HCL all together at once...bring them together at the beginning of the year.
12-29-2022 Intel Guru MarkZ [via PDK] Some chatter...from a number of the large groups...They are telling us it should start this week but it won’t be until Jan 2nd for us to be in the banks. This is because of how the rollout is expected to happen…That is the chatter...I pray this is accurate. The chatter is unreal right now. The number of sources I have heard this from has been nuts... They are expecting us to actually be starting into the banks on the 2nd or 3rd at the absolute latest…now we have to see if it happens or not...we are seeing many things coming together at one time.
12-29-2022 Newshound/Intel Guru Mnt Goat We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….
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12-28-2022 Newshound Guru Pimpy Articles are trying to tell people the exchange rate is not going to change over the next couple of years. Now, does that mean something won't happen to cause that to happen earlier than later? Of course anything is possible. But this is what they're saying for now.
12-28-2022 Newshound Guru Clare Article "Central Bank Governor: The measures taken will contribute to achieving monetary stability" Quote “Wednesday, an emergency session of the Ministerial Council of Economy....The session was attended by the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, who reviewed the measures taken by the bank’s administration to control monetary policy, and limit the rise in the exchange rate of the dollar in the local markets.”
12-28-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-28-2022 Intel Guru Frank26 Wells Fargo got in trouble with me [years ago]...they sold me the Iraqi dinar. Then a few months later I went back to Wells Fargo and I said I'd like to buy some more Iraqi dinars and they told me 'it's a scam. It's illegal.' Well then let me talk to your legal department. 'What for?' Because look at this receipt. I just bought some dinars from Wells Fargo last month and now you're telling me it's a scam. So you scammed me? 'Oh, we don't know anything.' Of course you don't...it's my personal story...
12-28-2022 Newshound Guru Paulette Iraq's CBI has clearly told us their plans to Re-denominate their currency including adding denominations all the way to 25 Fils (1/40th of an IQD). This logically requires a change in rate. As long as that new rate directly applies to the current notes, we will have the windfall we all hope for.
12-28-2022 Newshound Guru Henig Article: "Economist: Central Bank policy failed and printed 40 trillion dinars of a new category" Quote: "He stressed that the strategic vision of monetary policy is wrong, and the Central Bank has printed 40 trillion dinars of the new paper currency of the category of 20 thousand dinars."
12-28-2022 Intel Guru MarkZ [via PDK] “Iraqi Finance stops appointments /transfers and bonuses until the approval of the 2023 budget” They don’t want to let dinar out of their sight for some reason until the final approval of the 2023 budget. This is very interesting time. Why would they freeze this…Will it soon be worth more money? So they won’t spend more dinar….but they will spend USD…..i think this is a tell tale sign.
12-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] It is the uncertainly that is driving the US exchange rate to change in Iraq right now. It's all new to the Iraqi citizens...that uncertainty is what's causing a fluctuation...
12-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend...agrees what we are seeing right now with the dinar prices moving up and then back down is the CBI actually doing a float now preparing for what is about to take place. FRANK: This is powerful...
12-28-2022 Newshound Guru Sandy Ingram Why the IQD/USD exchange rate matters to people in Iraq - Iraqis who are paid in dollars have more purchasing power...people paid in dinars have less purchasing power since imports and exports are paid in dollars (including oil revenue)...the new prime minister of Iraq says he wants to increase the value of the Iraqi dinar...
12-28-2022 Newshound Guru Pimpy Right now in Iraq the major news is...what the markets are determining is the value of the IQD versus the U.S. dollar. The IQD continues to lose value...this is why we saw some banks start allowing the Iraqi citizens to purchase dollars...I think I know what it is Iraq's trying to do. They're trying to purchase as many of the Iraqi dinars as possible to destroy them. You have less currency in circulation. Think supply and demand. The less you have of something that people want the more demand there is for it, the more valuable it becomes.
12-28-2022 Intel Guru MarkZ [via PDK] “USD/IQD Rate drops in Baghdad/Erbil” starting to stabilize. This is from this morning. And will be allowing a float. This tells us we are very close to our full release. We were told a long time ago to expect this…and we are seeing it.
12-28-2022 Newshound Guru Clare Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Quote: "there is a political agreement between all political blocs and parties to pass the oil and gas law because of its importance, with the start of the new legislative term of the House of Representatives."
12-28-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar" Notice all they talk about is the exchange rate...against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar...they are ready to move on the international level. This is huge...Are you catching the pattern? Do you see these articles...Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah.
12-28-2022 Newshound Guru Pimpy Is the Iraqi dinar a real investment? Yes. Are they going to change the rate overnight? Anything is possible but highly unlikely. There are too many factors right now keeping that from happening but I do think they are going are going to go up in small increments. The first one is going to bring us back to the old rate and I'm not talking about the $3.22 for every one dinar. I'm talking about the 1190 dinars for every $1...
12-28-2022 Newshound Guru Pimpy Articles are trying to tell people the exchange rate is not going to change over the next couple of years. Now, does that mean something won't happen to cause that to happen earlier than later? Of course anything is possible. But this is what they're saying for now.
12-28-2022 Newshound Guru Clare Article "Central Bank Governor: The measures taken will contribute to achieving monetary stability" Quote “Wednesday, an emergency session of the Ministerial Council of Economy....The session was attended by the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, who reviewed the measures taken by the bank’s administration to control monetary policy, and limit the rise in the exchange rate of the dollar in the local markets.”
12-28-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-28-2022 Intel Guru Frank26 Wells Fargo got in trouble with me [years ago]...they sold me the Iraqi dinar. Then a few months later I went back to Wells Fargo and I said I'd like to buy some more Iraqi dinars and they told me 'it's a scam. It's illegal.' Well then let me talk to your legal department. 'What for?' Because look at this receipt. I just bought some dinars from Wells Fargo last month and now you're telling me it's a scam. So you scammed me? 'Oh, we don't know anything.' Of course you don't...it's my personal story...
12-28-2022 Newshound Guru Paulette Iraq's CBI has clearly told us their plans to Re-denominate their currency including adding denominations all the way to 25 Fils (1/40th of an IQD). This logically requires a change in rate. As long as that new rate directly applies to the current notes, we will have the windfall we all hope for.
12-28-2022 Newshound Guru Henig Article: "Economist: Central Bank policy failed and printed 40 trillion dinars of a new category" Quote: "He stressed that the strategic vision of monetary policy is wrong, and the Central Bank has printed 40 trillion dinars of the new paper currency of the category of 20 thousand dinars."
12-28-2022 Intel Guru MarkZ [via PDK] “Iraqi Finance stops appointments /transfers and bonuses until the approval of the 2023 budget” They don’t want to let dinar out of their sight for some reason until the final approval of the 2023 budget. This is very interesting time. Why would they freeze this…Will it soon be worth more money? So they won’t spend more dinar….but they will spend USD…..i think this is a tell tale sign.
12-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] It is the uncertainly that is driving the US exchange rate to change in Iraq right now. It's all new to the Iraqi citizens...that uncertainty is what's causing a fluctuation...
12-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend...agrees what we are seeing right now with the dinar prices moving up and then back down is the CBI actually doing a float now preparing for what is about to take place. FRANK: This is powerful...
12-28-2022 Newshound Guru Sandy Ingram Why the IQD/USD exchange rate matters to people in Iraq - Iraqis who are paid in dollars have more purchasing power...people paid in dinars have less purchasing power since imports and exports are paid in dollars (including oil revenue)...the new prime minister of Iraq says he wants to increase the value of the Iraqi dinar...
12-28-2022 Newshound Guru Pimpy Right now in Iraq the major news is...what the markets are determining is the value of the IQD versus the U.S. dollar. The IQD continues to lose value...this is why we saw some banks start allowing the Iraqi citizens to purchase dollars...I think I know what it is Iraq's trying to do. They're trying to purchase as many of the Iraqi dinars as possible to destroy them. You have less currency in circulation. Think supply and demand. The less you have of something that people want the more demand there is for it, the more valuable it becomes.
12-28-2022 Intel Guru MarkZ [via PDK] “USD/IQD Rate drops in Baghdad/Erbil” starting to stabilize. This is from this morning. And will be allowing a float. This tells us we are very close to our full release. We were told a long time ago to expect this…and we are seeing it.
12-28-2022 Newshound Guru Clare Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Quote: "there is a political agreement between all political blocs and parties to pass the oil and gas law because of its importance, with the start of the new legislative term of the House of Representatives."
12-28-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar" Notice all they talk about is the exchange rate...against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar...they are ready to move on the international level. This is huge...Are you catching the pattern? Do you see these articles...Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah.
12-28-2022 Newshound Guru Pimpy Is the Iraqi dinar a real investment? Yes. Are they going to change the rate overnight? Anything is possible but highly unlikely. There are too many factors right now keeping that from happening but I do think they are going are going to go up in small increments. The first one is going to bring us back to the old rate and I'm not talking about the $3.22 for every one dinar. I'm talking about the 1190 dinars for every $1...
12-27-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-27-2022 Intel Guru MarkZ [via PDK] “Iraq’s Prime minister calls CBI to take firm steps regarding the exchange rate” The political pressure is starting in mass in Iraq between the mostly settled government pushing the CBI to make those changes..
12-27-2022 Intel Guru Frank26 Article: "The Iranian currency recorded the largest decline in its history" IT IS VERY IMPORTANT TO UNDERSTAND IRAN DESPERATELY NEEDS THE IQD AND BECAUSE THEY CANNOT STEAL IT ANYMORE THEIR DESPERATION IS MAGNIFIED!
12-27-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-27-2022 Newshound Guru Paulette It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have followed. Why are the Money Changers reportedly being cautious with any purchases of USD when they could resell at a larger profit than they have been able to attain since the move to 1460. It is totally illogical unless they know that they don't want to be moving IQD to USD out of fear of being on the wrong side of an economic move by the CBI.
12-27-2022 Intel Guru MarkZ [via PDK] Painfully quiet today for those that...want the RV News...Crazy quiet, like the hours before a major storm...
12-27-2022 Newshound Guru Samson Article: "After years of delay and disagreement... an agreement by the "majority" to pass the Oil and Gas Law"
12-27-2022 Newshound Guru Clare Article: "MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants" Quote: "With the hundred billions stacked in the Central Bank's accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants. He added, wondering: But when will you take this step!?"
12-27-2022 Intel Guru Frank26 Don't worry about the American dollar going up in value. It's because of the de-pegging of both currencies [dinar/dollar]. They will fluctuate. We are looking for the Iraqi dinar to float internationally and fluctuate...not inside your boarders. That is exactly what the CBI is setting up the dinar to do.
12-27-2022 Newshound Guru Sandy Ingram All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commotion does not include the revalue we are looking for. At least not yet.
12-27-2022 Intel Guru MarkZ [via PDK] “Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens” Don’t Panic…this is just frozen until Jan 2…they claim its until they can end the books. I find the timing very interesting with what I am hearing they are going to attempt to release that new value in country before Jan 2nd. This is what we are looking for now….
12-27-2022 Newshound Guru Pimpy Article: "Central Bank: Measures to increase the dollar supply" The people in Iraq...have more confidence in the U.S. dollar than they do their own local currency...Right now what we're seeing is the U.S. dollar gaining in value over the Iraqi dinar which is not good, not good at all...now it's...1560 with no official rate change yet because the dollar is increasing in strength which I have no idea how. Their currency seems to be getting weaker.
12-27-2022 Intel Guru Frank26 I think it's important I say to you...the Iraqi dinar is not officially de-pegged from the American dollar yet (wink, wink, wink)...Iraq has still not been given Article VIII (wink, wink, wink)...the government is not officially formed yet (wink, wink, wink)...the calculation for the exchange rate is not in the new 2022 budget (wink, wink, wink)...
12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. ...This is all excellent news.
12-27-2022 Intel Guru Bruce [via WiserNow] There's no contract rate on dong...But there's a very good rate...way more than we thought the dong would support even years ago...47 cents on the dong for years...When you see what the real rate is on the dong...Pretty amazing...
12-27-2022 Intel Guru MarkZ [via PDK] “Iraq’s Prime minister calls CBI to take firm steps regarding the exchange rate” The political pressure is starting in mass in Iraq between the mostly settled government pushing the CBI to make those changes..
12-27-2022 Intel Guru Frank26 Article: "The Iranian currency recorded the largest decline in its history" IT IS VERY IMPORTANT TO UNDERSTAND IRAN DESPERATELY NEEDS THE IQD AND BECAUSE THEY CANNOT STEAL IT ANYMORE THEIR DESPERATION IS MAGNIFIED!
12-27-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-27-2022 Newshound Guru Paulette It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have followed. Why are the Money Changers reportedly being cautious with any purchases of USD when they could resell at a larger profit than they have been able to attain since the move to 1460. It is totally illogical unless they know that they don't want to be moving IQD to USD out of fear of being on the wrong side of an economic move by the CBI.
12-27-2022 Intel Guru MarkZ [via PDK] Painfully quiet today for those that...want the RV News...Crazy quiet, like the hours before a major storm...
12-27-2022 Newshound Guru Samson Article: "After years of delay and disagreement... an agreement by the "majority" to pass the Oil and Gas Law"
12-27-2022 Newshound Guru Clare Article: "MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants" Quote: "With the hundred billions stacked in the Central Bank's accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants. He added, wondering: But when will you take this step!?"
12-27-2022 Intel Guru Frank26 Don't worry about the American dollar going up in value. It's because of the de-pegging of both currencies [dinar/dollar]. They will fluctuate. We are looking for the Iraqi dinar to float internationally and fluctuate...not inside your boarders. That is exactly what the CBI is setting up the dinar to do.
12-27-2022 Newshound Guru Sandy Ingram All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commotion does not include the revalue we are looking for. At least not yet.
12-27-2022 Intel Guru MarkZ [via PDK] “Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens” Don’t Panic…this is just frozen until Jan 2…they claim its until they can end the books. I find the timing very interesting with what I am hearing they are going to attempt to release that new value in country before Jan 2nd. This is what we are looking for now….
12-27-2022 Newshound Guru Pimpy Article: "Central Bank: Measures to increase the dollar supply" The people in Iraq...have more confidence in the U.S. dollar than they do their own local currency...Right now what we're seeing is the U.S. dollar gaining in value over the Iraqi dinar which is not good, not good at all...now it's...1560 with no official rate change yet because the dollar is increasing in strength which I have no idea how. Their currency seems to be getting weaker.
12-27-2022 Intel Guru Frank26 I think it's important I say to you...the Iraqi dinar is not officially de-pegged from the American dollar yet (wink, wink, wink)...Iraq has still not been given Article VIII (wink, wink, wink)...the government is not officially formed yet (wink, wink, wink)...the calculation for the exchange rate is not in the new 2022 budget (wink, wink, wink)...
12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. ...This is all excellent news.
12-27-2022 Intel Guru Bruce [via WiserNow] There's no contract rate on dong...But there's a very good rate...way more than we thought the dong would support even years ago...47 cents on the dong for years...When you see what the real rate is on the dong...Pretty amazing...
12-26-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-26-2022 Newshound Guru Clare Article: "Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq's capabilities to impose stability" Quote: "Salih revealed...foreign reserves have become the strongest in Iraq's financial history, and its balance has perhaps exceeded one hundred billion dollars, which means there is no fear or concern about Iraq's financial capabilities in imposing stability in the dinar exchange rates as long as the matter is related to administrative and organizational affairs in dealing with external transfer and foreign currency trading."
12-26-2022 Newshound Guru Kaperoni Question: "Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar." The key point with Libya is they only have 32 billion dinar in circulation compared to Iraq who has over 80 trillion dinar. It [Iraqi dinar] will remain weak until they reduce the money supply either by removing the currency as Iraq 's economy prospers or deleting the zeros (LOP).
12-26-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-26-2022 Intel Guru Frank26 IMO the basket the Iraqi dinar will be inside of, once it starts to float internationally at a rate at least 1 to 1 with the American dollar it would join a basket then pair with currencies inside that basket...we thought there was going to be about 10...IMO things have changed. Do you know how much potential Iraq has? Of course you do that's why you invested into it...it's justifiable to consider there could be 29 currencies in that basket...that would have to be the largest basket of this planet earth...
12-26-2022 Newshound Guru Pimpy If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it...you would see me hauling butt down to the bank!
12-26-2022 Newshound/Intel Guru Breitling I don't see anything negative going on in Iraq...as far as the Iraqi dinar is concerned...like the United States they can screw up a lot and still maintain its markets. Iraq has that room also because they have a resource everybody needs. We're not living off solar panels and Teslas - yet...it's a long ways away.
12-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL is Iraq's National Oil Company and the National oil Company is about who gets control of Iraq's oil...the other monster is Article 140...Article 140 gives the census and the percentages of what you're going to be getting in that region...
12-26-2022 Newshound Guru Clare Article: "The Sleeping Wool Shelf" pushes the price of the dollar in Iraq to about 160,000 dinars" Quote: "Nassif wrote, in a tweet...via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction towards 160, we say, Sleeping, Sharif al-Sawf, and the dollar is suffocating your people."
12-26-2022 Intel Guru Frank26 Article: "The Ministry of Finance begins checking the amounts within the current expenditures to include them in the budget" FINALIZING THE BUDGET WITH A NEW EXCHANGE RATE.
12-26-2022 Newshound Guru Pimpy I hear people say this all the time, 'The Iraqi dinar is a fraud.' No it isn't. It's not the Iraqi dinar that's a scam. It's the individuals out there committing fraud using the Iraqi dinar to do so.
12-26-2022 Newshound Guru Clare Article: "Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq's capabilities to impose stability" Quote: "Salih revealed...foreign reserves have become the strongest in Iraq's financial history, and its balance has perhaps exceeded one hundred billion dollars, which means there is no fear or concern about Iraq's financial capabilities in imposing stability in the dinar exchange rates as long as the matter is related to administrative and organizational affairs in dealing with external transfer and foreign currency trading."
12-26-2022 Newshound Guru Kaperoni Question: "Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar." The key point with Libya is they only have 32 billion dinar in circulation compared to Iraq who has over 80 trillion dinar. It [Iraqi dinar] will remain weak until they reduce the money supply either by removing the currency as Iraq 's economy prospers or deleting the zeros (LOP).
12-26-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-26-2022 Intel Guru Frank26 IMO the basket the Iraqi dinar will be inside of, once it starts to float internationally at a rate at least 1 to 1 with the American dollar it would join a basket then pair with currencies inside that basket...we thought there was going to be about 10...IMO things have changed. Do you know how much potential Iraq has? Of course you do that's why you invested into it...it's justifiable to consider there could be 29 currencies in that basket...that would have to be the largest basket of this planet earth...
12-26-2022 Newshound Guru Pimpy If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it...you would see me hauling butt down to the bank!
12-26-2022 Newshound/Intel Guru Breitling I don't see anything negative going on in Iraq...as far as the Iraqi dinar is concerned...like the United States they can screw up a lot and still maintain its markets. Iraq has that room also because they have a resource everybody needs. We're not living off solar panels and Teslas - yet...it's a long ways away.
12-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL is Iraq's National Oil Company and the National oil Company is about who gets control of Iraq's oil...the other monster is Article 140...Article 140 gives the census and the percentages of what you're going to be getting in that region...
12-26-2022 Newshound Guru Clare Article: "The Sleeping Wool Shelf" pushes the price of the dollar in Iraq to about 160,000 dinars" Quote: "Nassif wrote, in a tweet...via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction towards 160, we say, Sleeping, Sharif al-Sawf, and the dollar is suffocating your people."
12-26-2022 Intel Guru Frank26 Article: "The Ministry of Finance begins checking the amounts within the current expenditures to include them in the budget" FINALIZING THE BUDGET WITH A NEW EXCHANGE RATE.
12-26-2022 Newshound Guru Pimpy I hear people say this all the time, 'The Iraqi dinar is a fraud.' No it isn't. It's not the Iraqi dinar that's a scam. It's the individuals out there committing fraud using the Iraqi dinar to do so.
12-24-2022 *** Dinar Guru Community Message *** If you're a Dinar Guru Alert list member, check your email! Santa may have dropped you two fun little treats inside yesterday's and Thursday's emails. The first is poingnant and sweet dinar treat. The second, fun and valuable for 2023! Merry Christmas and Happy Holidays! The latest guru posts will continue below...
12-25-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-25-2022 Newshound Guru Kaperoni The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meaning they need to pass laws, create a suitable business environment and encourage investment to facilitate such an economy. This is the preferred method as it builds a sound economy with a currency and exchange rate supported globally by the world's financial system.
12-25-2022 Newshound Guru Henig Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The budget law and its draft are still with the government, and it has not reached Parliament yet, and its provisions have not been finally clarified, which requires expediting its submission to Parliament and presenting it with several readings to reach a final formula for approval."
12-25-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-25-2022 Newshound Guru Clare Article: "The Iranian currency recorded the largest decline in its history" Quote: "The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the "Iranian Revolution" in 1979, as the price of the US dollar exceeded the value of 400,000 Iranian riyals."
12-25-2022 Intel Guru MarkZ [via PDK] This to me is a big piece. “Exchanging dollars in banks is a practical approach to achieve stability in the exchange market says PM advisor” They need to create the infrastructure for an exchange and they are knee deep in it. They want it operational by January 1st. This is important for us to watch.
12-25-2022 Newshound Guru Militia Man Article: "Finance completes the first phase of the national strategy for integrity and combating corruption" The automation of the borders is a major step in fighting corruption and adding revenues to the bottom line. All of it supports the investment environment within the country and the future true value of the Iraqi Dinar.
12-25-2022 Intel Guru Frank26 2003 - That was 20 years ago. Don't you think, would it be fair, wouldn't only be logical, could we assume that the Iraqi dinar has gone up in value? Especially with the massive attention everyone is giving Iraq right now under the table quietly? So .26 which is approximately $3.22 is Ok. Then it wouldn't be too bad to consider .29 is $3.44 ...Remember what Kuwait said to the IMF? You can help them with their monetary reform but don't you dare let their currency be higher than our exchange rate...what is Kuwait's exchange rate?
12-25-2022 Newshound Guru Kaperoni The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meaning they need to pass laws, create a suitable business environment and encourage investment to facilitate such an economy. This is the preferred method as it builds a sound economy with a currency and exchange rate supported globally by the world's financial system.
12-25-2022 Newshound Guru Henig Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The budget law and its draft are still with the government, and it has not reached Parliament yet, and its provisions have not been finally clarified, which requires expediting its submission to Parliament and presenting it with several readings to reach a final formula for approval."
12-25-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-25-2022 Newshound Guru Clare Article: "The Iranian currency recorded the largest decline in its history" Quote: "The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the "Iranian Revolution" in 1979, as the price of the US dollar exceeded the value of 400,000 Iranian riyals."
12-25-2022 Intel Guru MarkZ [via PDK] This to me is a big piece. “Exchanging dollars in banks is a practical approach to achieve stability in the exchange market says PM advisor” They need to create the infrastructure for an exchange and they are knee deep in it. They want it operational by January 1st. This is important for us to watch.
12-25-2022 Newshound Guru Militia Man Article: "Finance completes the first phase of the national strategy for integrity and combating corruption" The automation of the borders is a major step in fighting corruption and adding revenues to the bottom line. All of it supports the investment environment within the country and the future true value of the Iraqi Dinar.
12-25-2022 Intel Guru Frank26 2003 - That was 20 years ago. Don't you think, would it be fair, wouldn't only be logical, could we assume that the Iraqi dinar has gone up in value? Especially with the massive attention everyone is giving Iraq right now under the table quietly? So .26 which is approximately $3.22 is Ok. Then it wouldn't be too bad to consider .29 is $3.44 ...Remember what Kuwait said to the IMF? You can help them with their monetary reform but don't you dare let their currency be higher than our exchange rate...what is Kuwait's exchange rate?
12-24-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-24-2022 Newshound Guru Kaperoni Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP? ...Guru Mtn Goat says we want to see Iraq begin the project to delete the zeros and introduce the smaller denominations. No we do not want to see this because the project to delete the zeros is a currency exchange/LOP. Not what we want to see happen.
12-24-2022 Newshound Guru Pimpy We're going to be realistic about what's going on and I'm going to try to do what I can to bring your attention to things that we should be watching for before we see an actual increase in the value of the Iraqi dinar.
12-24-2022 Intel Guru MarkZ [via PDK] “Al Rafidain bank announces the direct sale of the dollar to citizens” So they are doing it all at the bank…whether you want dollars or dinar…if you are traveling you will not have to go to a street vender.. This has brought much more stability to the dinar over the last 2-3 days. This is a key sign that they are preparing for the exchange process.
12-24-2022 Intel Guru Frank26 Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" 3 ZERO CURRENCY IS ALREADY AVAILABLE IN THE BANKS OF IRAQ...SO THE MONETARY REFORM EDUCATION TELLS THE IRAQI CITIZENS ABOUT THE NSCN's. Quote: "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks, adding, There are decisions that we hope will be taken so that we can end this daily massacre of the dollar." THE MONETARY REFORM MECHANISM!
12-24-2022 Newshound Guru Clare Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early."
12-24-2022 Newshound/Intel Guru Mnt Goat ...the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political...We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article ...entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It...just about sums up this past year of turmoil in Iraq that finally ended in stability...the future is...extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar.
12-24-2022 Intel Guru MarkZ [via PDK] [What is the HCL law in Iraq everyone has been talking about?] The HCL/article 140 is one of the things that should bring comfort to everybody. This is the sharing of taxes, revenues, oil…with the Kurdish region. This has been a sticking point for the RV I am told... They have been busy pounding this out over the parliamentary break. I have always been told that we will be within hours of going once they finalize the HCL. And we are so close.
12-24-2022 Newshound Guru Kaperoni Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP? ...Guru Mtn Goat says we want to see Iraq begin the project to delete the zeros and introduce the smaller denominations. No we do not want to see this because the project to delete the zeros is a currency exchange/LOP. Not what we want to see happen.
12-24-2022 Newshound Guru Pimpy We're going to be realistic about what's going on and I'm going to try to do what I can to bring your attention to things that we should be watching for before we see an actual increase in the value of the Iraqi dinar.
12-24-2022 Intel Guru MarkZ [via PDK] “Al Rafidain bank announces the direct sale of the dollar to citizens” So they are doing it all at the bank…whether you want dollars or dinar…if you are traveling you will not have to go to a street vender.. This has brought much more stability to the dinar over the last 2-3 days. This is a key sign that they are preparing for the exchange process.
12-24-2022 Intel Guru Frank26 Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" 3 ZERO CURRENCY IS ALREADY AVAILABLE IN THE BANKS OF IRAQ...SO THE MONETARY REFORM EDUCATION TELLS THE IRAQI CITIZENS ABOUT THE NSCN's. Quote: "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks, adding, There are decisions that we hope will be taken so that we can end this daily massacre of the dollar." THE MONETARY REFORM MECHANISM!
12-24-2022 Newshound Guru Clare Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early."
12-24-2022 Newshound/Intel Guru Mnt Goat ...the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political...We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article ...entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It...just about sums up this past year of turmoil in Iraq that finally ended in stability...the future is...extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar.
12-24-2022 Intel Guru MarkZ [via PDK] [What is the HCL law in Iraq everyone has been talking about?] The HCL/article 140 is one of the things that should bring comfort to everybody. This is the sharing of taxes, revenues, oil…with the Kurdish region. This has been a sticking point for the RV I am told... They have been busy pounding this out over the parliamentary break. I have always been told that we will be within hours of going once they finalize the HCL. And we are so close.
12-23-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] News here talks about the meetings and the HCL all day...they're saying the only thing Iraq needs is this HCL signed and activated to make Iraq have ability to advance in the International world. This HCL is the final key... FRANK: They just told you the moment they have the HCL signed your currency is going to go International. That's why you have so many platforms already established internationally... [Post 2 of 2]
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The HCL is still being worked on. They are back in Baghdad meeting right now. This has no final agreement signed now. We're not too concerned about it because we know they're going to agree. As of yet there is nothing that has been signed. This is a sticky point and has to be signed and activated. They have signed article 140 but HCL and Article 140 are different items. [Post 1 of 2...stay tuned]
12-23-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-23-2022 Newshound Guru Militia Man Article Question: [Reference Guru Samson Article Below] "New currency? Does this mean they are rolling out the lower denominational notes too?" They say "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks," So from that we can deduce it is possible they are talking NSCNs.
12-23-2022 Newshound Guru Kaperoni [Guru] Frank 26 says they are removing the dollars from Iraq...That's not possible because that is counterproductive to the daily currency auctions which are used to stabilize the exchange rate. [and] says the Iraqi dinar is going to go International and in January the Iraqi Stock Exchange is going to go International...Both are already open to the world...The Iraqi Stock Exchange...are just improving their infrastructure and opening web based investing.
12-23-2022 Newshound Guru Sandy Ingram This is breaking news. Article: "CBI takes action to stabilize Iraqi dinar exchange rate" The CBI has announced measures to help stabilize the dinar/dollar exchange rate. One of the measure they are now doing includes allowing banks to participate in buying and selling any amount in foreign currency...
12-23-2022 Newshound Guru Pimpy What you might see happen then is the deletion of the zeros so they might have a new lower denominations...In other words if they delete the 3 zeros then 25,000 dinars becomes 25 dinars. You still have the same equal value, they're just lower in denominations...That has nothing to do with the exchange rate. That doesn't mean you're losing money in your investment. That just means they're removed the zeros and they've re-denominated and the currencies have a new look to them altogether. [Post 2 of 2]
12-23-2022 Newshound Guru Pimpy People are getting pissy about the fact that I'm saying Iraq most likely is going to have to re-denominate the currency. Now re-denominating...has nothing to do with the exchange rate. What that means is the current image of the currency...most likely will change...Iraq has trillions and trillions of unaccounted for dinar. We know ISIS ...and criminals stole a bunch of them and...you have no choice but to re-denominate - create new currencies and tell the citizens to exchange their current currencies for the new currency, straight across even-Steven. [Post 1 of 2...stay tuned]
12-23-2022 Intel Guru MarkZ [via PDK] There has been chatter about the exchange rate and stabilizing it in Iraq. The banking side is still of the belief this will be our weekend for announcements. And that we all will start going to the banks next week. Guess we will see soon if that is true or not...
12-23-2022 Newshound Guru Samson Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" Quote: "The head of the Federation of Iraqi Chambers of Commerce suggested "diversifying the foreign currency commodity within the central bank and not remaining a monopoly of the dollar only, the strict monitoring by the Federal Bank on the movement of the dollar from Iraqi banks to intermediary banks."
12-23-2022 Intel Guru Frank26 Why is the dollar going up in value inside of Iraq? Because they de-pegged from the dollar weeks ago...because it's about to go outside in a basket of possibly 29 currencies...
12-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is leaving a big trail. If we were on a hunting expedition it would be easy to read and follow these tracks. It would be easy to see they are in the middle of a major change to their banking structure - from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from...
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] News here talks about the meetings and the HCL all day...they're saying the only thing Iraq needs is this HCL signed and activated to make Iraq have ability to advance in the International world. This HCL is the final key... FRANK: They just told you the moment they have the HCL signed your currency is going to go International. That's why you have so many platforms already established internationally... [Post 2 of 2]
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The HCL is still being worked on. They are back in Baghdad meeting right now. This has no final agreement signed now. We're not too concerned about it because we know they're going to agree. As of yet there is nothing that has been signed. This is a sticky point and has to be signed and activated. They have signed article 140 but HCL and Article 140 are different items. [Post 1 of 2...stay tuned]
12-23-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-23-2022 Newshound Guru Militia Man Article Question: [Reference Guru Samson Article Below] "New currency? Does this mean they are rolling out the lower denominational notes too?" They say "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks," So from that we can deduce it is possible they are talking NSCNs.
12-23-2022 Newshound Guru Kaperoni [Guru] Frank 26 says they are removing the dollars from Iraq...That's not possible because that is counterproductive to the daily currency auctions which are used to stabilize the exchange rate. [and] says the Iraqi dinar is going to go International and in January the Iraqi Stock Exchange is going to go International...Both are already open to the world...The Iraqi Stock Exchange...are just improving their infrastructure and opening web based investing.
12-23-2022 Newshound Guru Sandy Ingram This is breaking news. Article: "CBI takes action to stabilize Iraqi dinar exchange rate" The CBI has announced measures to help stabilize the dinar/dollar exchange rate. One of the measure they are now doing includes allowing banks to participate in buying and selling any amount in foreign currency...
12-23-2022 Newshound Guru Pimpy What you might see happen then is the deletion of the zeros so they might have a new lower denominations...In other words if they delete the 3 zeros then 25,000 dinars becomes 25 dinars. You still have the same equal value, they're just lower in denominations...That has nothing to do with the exchange rate. That doesn't mean you're losing money in your investment. That just means they're removed the zeros and they've re-denominated and the currencies have a new look to them altogether. [Post 2 of 2]
12-23-2022 Newshound Guru Pimpy People are getting pissy about the fact that I'm saying Iraq most likely is going to have to re-denominate the currency. Now re-denominating...has nothing to do with the exchange rate. What that means is the current image of the currency...most likely will change...Iraq has trillions and trillions of unaccounted for dinar. We know ISIS ...and criminals stole a bunch of them and...you have no choice but to re-denominate - create new currencies and tell the citizens to exchange their current currencies for the new currency, straight across even-Steven. [Post 1 of 2...stay tuned]
12-23-2022 Intel Guru MarkZ [via PDK] There has been chatter about the exchange rate and stabilizing it in Iraq. The banking side is still of the belief this will be our weekend for announcements. And that we all will start going to the banks next week. Guess we will see soon if that is true or not...
12-23-2022 Newshound Guru Samson Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" Quote: "The head of the Federation of Iraqi Chambers of Commerce suggested "diversifying the foreign currency commodity within the central bank and not remaining a monopoly of the dollar only, the strict monitoring by the Federal Bank on the movement of the dollar from Iraqi banks to intermediary banks."
12-23-2022 Intel Guru Frank26 Why is the dollar going up in value inside of Iraq? Because they de-pegged from the dollar weeks ago...because it's about to go outside in a basket of possibly 29 currencies...
12-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is leaving a big trail. If we were on a hunting expedition it would be easy to read and follow these tracks. It would be easy to see they are in the middle of a major change to their banking structure - from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from...
12-22-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-22-2022 Newshound Guru Pimpy Question: "Do we have any chance of the exchange rate changing?" ...Anything is possible. But for me I'm more of a realistic grounded kind of person...If we woke up tomorrow and all of a sudden all restrictions were removed and I could run down to my bank and I could change the Iraqi dinar and I was getting $3.22 per Iraqi dinar, hell yeah I would do it! ...Let's just be realistic...Iraq is doing all the right thing and moving forward...increasing their foreign currency reserves, doubling their purchases of gold reserves, doing what they can...to get the United Nations to remove any and all restrictive resolutions.
12-22-2022 Intel Guru Frank26 The CBI has some amazing, powerful, secret, caliente [Spanish for hot] - very hot meetings constantly on a daily basis. More than one meeting a day for this purpose about the 29th of January 2023. The Iraqi dinar is going to go international...Iraq is growing up. The Iraqi Stock Exchange on the 29th is going international...the 29th of January is coming from the CBI...Prime Minister Sudani...you can't get to the 29th of January without going international unless the platforms are set and ready to go...
12-22-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-22-2022 Newshound Guru Sandy Ingram You would have less than 2 weeks to protect yourself from taxes of approximately $87,500+ U.S. dollars if you are single and you have a few deductions...Your tax bracket would jump to 35%...this means you'd only get to keep around $162,000 U.S. dollars. This is no joke. If you do not understand how to protect the other $87,000+ dollars, you can kiss it goodbye...learn how to protect your exotic currency profits... [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to calculate the right taxes for your unique situation]
12-22-2022 Newshound Guru Sandy Ingram What if the Iraq dinar revalued this week? Iraq does not celebrate Christmas, so they are working while the rest of the world is out shopping for gifts. What if the IQD floated to .25 cents to 1 U.S. dollar and you could exchange your currency at certain financial institutions in your country or in the United States. Most of you would have $250,000+ U.S. dollars. [Post 1 of 2....stay tuned]
12-22-2022 Intel Guru Frank26 Article: "The central bank and banks urgent action to control the foreign currency market" This is extremely important. THE FLOAT REPLACES THE AUCTIONS FOR THE SECURITY AND FOR THE MONETARY REFORM Quote: "...among other rumors is that the central bank will make a new change to the current price..."
12-22-2022 Newshound Guru Pimpy I've been saying this for along time - I don't care what politicians jumps up and down and makes a big scene, it's not up to them. Unless you hear something come from the Central Bank of Iraq directly then all the talk out there is speculation and rumors.
12-22-2022 Newshound Guru Clare Article: "Al-Sudani: Inflating currency selling prices aims to remove the dollar from the country" Quote: "We asked the central bank to take quick steps to compensate for the dollar shortage in the markets The Central Bank took measures related to diversifying foreign transfers to cover imports The financial situation is at its best, and the reserves of the Central Bank have risen to $96 billion"
12-22-2022 Intel Guru MarkZ [via PDK] Some private banking contacts are very excited that hopefully we will get announcements before the end of the year. Another private banking contact expects everything to be “COMPLETED” by Jan 15th for them. ...in Iraq there is a number of articles about electronic payment systems for exchanges...And exchanges of currencies…exchange rate. The rate has not changed yet…but a lot of articles talking about it.
12-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani says the reason for the high dollar exchange rate right now is because their goal is to remove the dollar from the country. FRANK: To de-dollarize! Wow. There it is.
12-22-2022 Intel Guru Bruce [via WiserNow] ...redemption center staff had meetings...And yeah all the players are on the initial call, Treasury Secretary Minuchin - Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks...I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it's quite high...remember...Dr. Shabibi of Iraqi’s central bank...when he spoke to the International Chamber of Commerce in Washington DC in 2012...and he gave that rate. We've...had confirmation that...the big screens had indeed exceeded that rate...This is going to be a life changing event for us.
12-22-2022 Newshound Guru Pimpy Al-Sudani is not what I thought he was going to be. Knowing he is the acolyte of Maliki I was expecting the worst of this guy...but come to find out Al-Sudani is not only continuing the great work of Al-Kazemi but he's doing it at a much quicker pace and that is because he has a lot more support behind him...
12-22-2022 Newshound Guru Pimpy Question: "Do we have any chance of the exchange rate changing?" ...Anything is possible. But for me I'm more of a realistic grounded kind of person...If we woke up tomorrow and all of a sudden all restrictions were removed and I could run down to my bank and I could change the Iraqi dinar and I was getting $3.22 per Iraqi dinar, hell yeah I would do it! ...Let's just be realistic...Iraq is doing all the right thing and moving forward...increasing their foreign currency reserves, doubling their purchases of gold reserves, doing what they can...to get the United Nations to remove any and all restrictive resolutions.
12-22-2022 Intel Guru Frank26 The CBI has some amazing, powerful, secret, caliente [Spanish for hot] - very hot meetings constantly on a daily basis. More than one meeting a day for this purpose about the 29th of January 2023. The Iraqi dinar is going to go international...Iraq is growing up. The Iraqi Stock Exchange on the 29th is going international...the 29th of January is coming from the CBI...Prime Minister Sudani...you can't get to the 29th of January without going international unless the platforms are set and ready to go...
12-22-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-22-2022 Newshound Guru Sandy Ingram You would have less than 2 weeks to protect yourself from taxes of approximately $87,500+ U.S. dollars if you are single and you have a few deductions...Your tax bracket would jump to 35%...this means you'd only get to keep around $162,000 U.S. dollars. This is no joke. If you do not understand how to protect the other $87,000+ dollars, you can kiss it goodbye...learn how to protect your exotic currency profits... [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to calculate the right taxes for your unique situation]
12-22-2022 Newshound Guru Sandy Ingram What if the Iraq dinar revalued this week? Iraq does not celebrate Christmas, so they are working while the rest of the world is out shopping for gifts. What if the IQD floated to .25 cents to 1 U.S. dollar and you could exchange your currency at certain financial institutions in your country or in the United States. Most of you would have $250,000+ U.S. dollars. [Post 1 of 2....stay tuned]
12-22-2022 Intel Guru Frank26 Article: "The central bank and banks urgent action to control the foreign currency market" This is extremely important. THE FLOAT REPLACES THE AUCTIONS FOR THE SECURITY AND FOR THE MONETARY REFORM Quote: "...among other rumors is that the central bank will make a new change to the current price..."
12-22-2022 Newshound Guru Pimpy I've been saying this for along time - I don't care what politicians jumps up and down and makes a big scene, it's not up to them. Unless you hear something come from the Central Bank of Iraq directly then all the talk out there is speculation and rumors.
12-22-2022 Newshound Guru Clare Article: "Al-Sudani: Inflating currency selling prices aims to remove the dollar from the country" Quote: "We asked the central bank to take quick steps to compensate for the dollar shortage in the markets The Central Bank took measures related to diversifying foreign transfers to cover imports The financial situation is at its best, and the reserves of the Central Bank have risen to $96 billion"
12-22-2022 Intel Guru MarkZ [via PDK] Some private banking contacts are very excited that hopefully we will get announcements before the end of the year. Another private banking contact expects everything to be “COMPLETED” by Jan 15th for them. ...in Iraq there is a number of articles about electronic payment systems for exchanges...And exchanges of currencies…exchange rate. The rate has not changed yet…but a lot of articles talking about it.
12-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani says the reason for the high dollar exchange rate right now is because their goal is to remove the dollar from the country. FRANK: To de-dollarize! Wow. There it is.
12-22-2022 Intel Guru Bruce [via WiserNow] ...redemption center staff had meetings...And yeah all the players are on the initial call, Treasury Secretary Minuchin - Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks...I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it's quite high...remember...Dr. Shabibi of Iraqi’s central bank...when he spoke to the International Chamber of Commerce in Washington DC in 2012...and he gave that rate. We've...had confirmation that...the big screens had indeed exceeded that rate...This is going to be a life changing event for us.
12-22-2022 Newshound Guru Pimpy Al-Sudani is not what I thought he was going to be. Knowing he is the acolyte of Maliki I was expecting the worst of this guy...but come to find out Al-Sudani is not only continuing the great work of Al-Kazemi but he's doing it at a much quicker pace and that is because he has a lot more support behind him...
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12-21-2022 Intel Guru Frank26 Article: "Economic Adviser To The Prime Minister Outlines The Reasons For The Rise In Dollar Prices" THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IQD WILL TEETER TOTTER...there is a reason this fluctuation is happening. Because you de-pegged...lost the stability. How are we going to get it back? We're going to "pair"!
12-21-2022 Intel Guru MarkZ [via PDK] Talks between Iraqs Federal and Kurdistan regions over the 2023 budget have been fruitful so far…I am told once they finalize that we are hours away from a value change.
12-21-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] The international platforms have replaced the auctions at the CBI. Once the IQD starts to go International in a basket it is automatically canceling the CBI auctions where Iran was siphoning Iraq's blood through their currencies. The only swap from now on will be with the US dollar...no more auctions. It will be a governing function instead.
12-21-2022 Intel Guru Bruce [via WiserNow] ...based on the information that we have...we should get notified tomorrow and get started - either tomorrow afternoon or evening as exchanges or start on Thursday...Now, I cannot absolutely call it. But this is as close to it as I can get, because of the fact that the bondholders were paid, and were sent their emails of liquidity... we're right on their tails. Right behind him – 12 - 24 hours later.
12-21-2022 Newshound Guru Pimpy The changes to the Iraqi dinar exchange rate it's not going to come from the media...Al-Sudani...President Rasheed...The Coordinating Framework. No body gives a rats patootie on what they say because it holds no water. It has to come from the Rothschild owned Central Bank...Until we hear it from their Central Bank that the exchange rate is 'this', stop listening to those other people out there blow spoke up your butt... [Note: You can always see the official CBI dinar exchange rate in the left column of this page.]
12-21-2022 Intel Guru Frank26 Article: "The Central Bank's measures deepen the dollar crisis and extend American hands to create unrest" THE CBI REMOVES CORRUPTION & NEUTRALIZES THE AUCTIONS! The auctions are gone...it is important for you to understand this principle...the auctions were given to the CBI for what reason? So Iraq could take the oil that they sell in American dollars and convert it into Iraqi dinars so they can run their country but they didn't. They took the money that came in as American dollar for oil and instead of going in the right direction, they evil ones, took it...straight to Iran...
12-21-2022 Newshound Guru Clare Article: "Parliamentary signatures to hold an extraordinary session to discuss the rise in dollar prices" Quote: "A number of deputies demanded, on Monday, to hold an extraordinary session to discuss the rise in the exchange rate of the dollar and its impact on citizens."
12-21-2022 Newshound Guru Sandy Ingram Just because Iraq is not on the Forex market does not mean they are not creating a Forex market chart ...the CBI on paper has the control over the RV but in reality what happens in the country [economy, political stability, citizen happiness/ discontent] determines CBI's reality.
12-21-2022 Intel Guru MarkZ [via PDK] [I am worried it will not be done by Christmas.] That is still the goal. Rumors are the expectations for announcements are within the next few days. I have heard this for so many Christmases though…I am hesitant to share it with you all. But I have never before heard it from so many different sources that are not affiliated with each other…From military sources banking sources, bond sources, a paymaster source…all from different cities locations and countries…There really is so much coming together at one time…I am optimistic and excited...
12-21-2022 Newshound/Intel Guru Mnt Goat ...January is upon us and the CBI will have the 31 days to reinstate starting on Jan 1st the clock will tick, tick tock, tick tock. If not, they will miss yet another window of opportunity to RV this time and the saga continues...
12-21-2022 Newshound Guru Pimpy Technically there's no restrictions on the currency as far as there are other countries that will allow you to purchase and buy dinar. It's just that here in the United States we have our own restrictions at the moment. So when I say restrictions, this is from the Untied States not everywhere else. Other countries you can go and swap all you want. It's not a type of sanctions it more of a restriction the United States put on there.
12-21-2022 Intel Guru Frank26 Article: "Launching the first electronic platform for financial trading via the Internet" THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS... THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! ...when it floats it's 'pairing'... What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket... Quote: "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," ... that means it's going to float.
12-21-2022 Intel Guru Frank26 Article: "Economic Adviser To The Prime Minister Outlines The Reasons For The Rise In Dollar Prices" THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IQD WILL TEETER TOTTER...there is a reason this fluctuation is happening. Because you de-pegged...lost the stability. How are we going to get it back? We're going to "pair"!
12-21-2022 Intel Guru MarkZ [via PDK] Talks between Iraqs Federal and Kurdistan regions over the 2023 budget have been fruitful so far…I am told once they finalize that we are hours away from a value change.
12-21-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] The international platforms have replaced the auctions at the CBI. Once the IQD starts to go International in a basket it is automatically canceling the CBI auctions where Iran was siphoning Iraq's blood through their currencies. The only swap from now on will be with the US dollar...no more auctions. It will be a governing function instead.
12-21-2022 Intel Guru Bruce [via WiserNow] ...based on the information that we have...we should get notified tomorrow and get started - either tomorrow afternoon or evening as exchanges or start on Thursday...Now, I cannot absolutely call it. But this is as close to it as I can get, because of the fact that the bondholders were paid, and were sent their emails of liquidity... we're right on their tails. Right behind him – 12 - 24 hours later.
12-21-2022 Newshound Guru Pimpy The changes to the Iraqi dinar exchange rate it's not going to come from the media...Al-Sudani...President Rasheed...The Coordinating Framework. No body gives a rats patootie on what they say because it holds no water. It has to come from the Rothschild owned Central Bank...Until we hear it from their Central Bank that the exchange rate is 'this', stop listening to those other people out there blow spoke up your butt... [Note: You can always see the official CBI dinar exchange rate in the left column of this page.]
12-21-2022 Intel Guru Frank26 Article: "The Central Bank's measures deepen the dollar crisis and extend American hands to create unrest" THE CBI REMOVES CORRUPTION & NEUTRALIZES THE AUCTIONS! The auctions are gone...it is important for you to understand this principle...the auctions were given to the CBI for what reason? So Iraq could take the oil that they sell in American dollars and convert it into Iraqi dinars so they can run their country but they didn't. They took the money that came in as American dollar for oil and instead of going in the right direction, they evil ones, took it...straight to Iran...
12-21-2022 Newshound Guru Clare Article: "Parliamentary signatures to hold an extraordinary session to discuss the rise in dollar prices" Quote: "A number of deputies demanded, on Monday, to hold an extraordinary session to discuss the rise in the exchange rate of the dollar and its impact on citizens."
12-21-2022 Newshound Guru Sandy Ingram Just because Iraq is not on the Forex market does not mean they are not creating a Forex market chart ...the CBI on paper has the control over the RV but in reality what happens in the country [economy, political stability, citizen happiness/ discontent] determines CBI's reality.
12-21-2022 Intel Guru MarkZ [via PDK] [I am worried it will not be done by Christmas.] That is still the goal. Rumors are the expectations for announcements are within the next few days. I have heard this for so many Christmases though…I am hesitant to share it with you all. But I have never before heard it from so many different sources that are not affiliated with each other…From military sources banking sources, bond sources, a paymaster source…all from different cities locations and countries…There really is so much coming together at one time…I am optimistic and excited...
12-21-2022 Newshound/Intel Guru Mnt Goat ...January is upon us and the CBI will have the 31 days to reinstate starting on Jan 1st the clock will tick, tick tock, tick tock. If not, they will miss yet another window of opportunity to RV this time and the saga continues...
12-21-2022 Newshound Guru Pimpy Technically there's no restrictions on the currency as far as there are other countries that will allow you to purchase and buy dinar. It's just that here in the United States we have our own restrictions at the moment. So when I say restrictions, this is from the Untied States not everywhere else. Other countries you can go and swap all you want. It's not a type of sanctions it more of a restriction the United States put on there.
12-21-2022 Intel Guru Frank26 Article: "Launching the first electronic platform for financial trading via the Internet" THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS... THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! ...when it floats it's 'pairing'... What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket... Quote: "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," ... that means it's going to float.
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12-20-2022 Newshound Guru Pimpy We know Iraq was using $1 to $1.5 billion dollars of oils sales per month to purchase Iraqi dinars off the open market. We heard about that a long time ago so there's no way to actually know how much currency is out there in circulation. We only hear about the amount that was made...We know ISIS came in and stole a bunch of it...we know recently the so called 'theft of the century' happened. There's no doubt what's going to happen. They're going to have to redenominate the money because they don't know where the money is and that's what I'm waiting for to happen.
12-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] To see the CBI have constant daily meetings, more than one meeting per day is a very good thing. These meetings were not as common as they are now. They were not as acute as they are now. Yeah...to see the CBI have these constant meetings on a daily basis is very good...you have to wait for the articles to catch up with these CBI meetings...these meetings will lead to the 2023 budget and to the new exchange rate of the Iraqi dinar...
12-20-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-20-2022 Newshound Guru Paulette I am excited that we may be within a few weeks of actually finally seeing the "restructure" that we have all been waiting for...
12-20-2022 Newshound Guru Pimpy I think once the hydrocarbon law is signed that's a biggie. We know the Kurdistan Regional government has been sending people from Erbil over to Baghdad to try to iron this thing out. Once that is done I can't think of any other things out there keeping the restrictions on Iraq's currency outside of the fact that their banks continue to have issues with money laundering...The remedy for that is to redenominate the Iraqi currency, make new ones and while you're at it go ahead and delete the zeros. That kills two birds with one stone. Then you'll see the rate increase in increments...
12-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Erbil is back. They're talking to Baghdad. It's all about the HCL. They want their money...we await a final agreement on the HCL law. FRANK: The article 140 was signed/accepted. Article 140 is separate from the HCL but they work together...the HCL is already agreed upon and it was activated because of article 140. It will be in the budget... FIREFLY: There is still a sticking point on the HCL but it's a positive direction... FRANK: It's a very positive direction because the HCL is what's going to allow you guys to go international.
12-20-2022 Newshound Guru Kaperoni This will also help I believe in price discovery when they decide to float the currency...if and when the Iraqi dinar floats it will be based on the economic success and growth of the economy... The launch of this online trading system goes into effect on January 29th, 2023. This is another critical part...as the new prime minister is attempting to activate and diversify their economy. [Post 2 of 2]
12-20-2022 Newshound Guru Kaperoni Interesting article today the Iraqi Stock Exchange announced the launch of an Internet trading system with a private based company to allow investors to buy/sell in the Iraqi stock market. This is really critical for Iraq to open their private sector market economy and develop their Capital Market. A means to bring lots of money into Iraq. [Post 1 of 2]
12-20-2022 Newshound Guru Pimpy There's a list Iraq must complete before they have their restrictions removed. They still have restrictions. Can you walk down right now to your bank...and buy and sell Iraqi dinar? I think Chase Bank is the only one that does that.
12-20-2022 Intel Guru Frank26 Article: "New App allows Iraqis to trade US-Listed Stocks" INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS...behold...an app for the Iraqi citizens...so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don't understand this you don't belong in this investment...How come they haven't been able to do that for the last 20 years? Because they've been on a program rate...I'm sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant...this is not for a program rate. This is for a powerful currency.
12-20-2022 Newshound Guru CharlieOK The [Vietnam] dong traded at over 2 bucks in the '50s. If there is any country that should try to force an RV before another, it should be VN. Stable country with a manufacturing base and lots of natural resources... The country of VN was involved in warfare from the latter '50s through the early '70s. Since then, VN has rebuilt the country with a diversified economy. It has natural resources and has a manufacturing base. Actually, VN shows what a fiasco Iraq now is. Even so, it appears that what we hope for might just be upon us...
12-20-2022 Newshound Guru Clare Article: "The National Bank of Iraq gets an advanced rating in Moody's at B3 and Caa1" Quote: "Managing Director of the National Bank of Iraq, Ayman Abu Dahim, confirmed, saying: We are very pleased that the National Bank of Iraq obtained for the first time a credit rating by Moody’s Investors Services, as this reflects a very positive outcome...and we are We are certain that this rating will rise in the future as we continue to implement strategies and plans to expand our business..."
12-20-2022 Newshound Guru Pimpy We know Iraq was using $1 to $1.5 billion dollars of oils sales per month to purchase Iraqi dinars off the open market. We heard about that a long time ago so there's no way to actually know how much currency is out there in circulation. We only hear about the amount that was made...We know ISIS came in and stole a bunch of it...we know recently the so called 'theft of the century' happened. There's no doubt what's going to happen. They're going to have to redenominate the money because they don't know where the money is and that's what I'm waiting for to happen.
12-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] To see the CBI have constant daily meetings, more than one meeting per day is a very good thing. These meetings were not as common as they are now. They were not as acute as they are now. Yeah...to see the CBI have these constant meetings on a daily basis is very good...you have to wait for the articles to catch up with these CBI meetings...these meetings will lead to the 2023 budget and to the new exchange rate of the Iraqi dinar...
12-20-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-20-2022 Newshound Guru Paulette I am excited that we may be within a few weeks of actually finally seeing the "restructure" that we have all been waiting for...
12-20-2022 Newshound Guru Pimpy I think once the hydrocarbon law is signed that's a biggie. We know the Kurdistan Regional government has been sending people from Erbil over to Baghdad to try to iron this thing out. Once that is done I can't think of any other things out there keeping the restrictions on Iraq's currency outside of the fact that their banks continue to have issues with money laundering...The remedy for that is to redenominate the Iraqi currency, make new ones and while you're at it go ahead and delete the zeros. That kills two birds with one stone. Then you'll see the rate increase in increments...
12-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Erbil is back. They're talking to Baghdad. It's all about the HCL. They want their money...we await a final agreement on the HCL law. FRANK: The article 140 was signed/accepted. Article 140 is separate from the HCL but they work together...the HCL is already agreed upon and it was activated because of article 140. It will be in the budget... FIREFLY: There is still a sticking point on the HCL but it's a positive direction... FRANK: It's a very positive direction because the HCL is what's going to allow you guys to go international.
12-20-2022 Newshound Guru Kaperoni This will also help I believe in price discovery when they decide to float the currency...if and when the Iraqi dinar floats it will be based on the economic success and growth of the economy... The launch of this online trading system goes into effect on January 29th, 2023. This is another critical part...as the new prime minister is attempting to activate and diversify their economy. [Post 2 of 2]
12-20-2022 Newshound Guru Kaperoni Interesting article today the Iraqi Stock Exchange announced the launch of an Internet trading system with a private based company to allow investors to buy/sell in the Iraqi stock market. This is really critical for Iraq to open their private sector market economy and develop their Capital Market. A means to bring lots of money into Iraq. [Post 1 of 2]
12-20-2022 Newshound Guru Pimpy There's a list Iraq must complete before they have their restrictions removed. They still have restrictions. Can you walk down right now to your bank...and buy and sell Iraqi dinar? I think Chase Bank is the only one that does that.
12-20-2022 Intel Guru Frank26 Article: "New App allows Iraqis to trade US-Listed Stocks" INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS...behold...an app for the Iraqi citizens...so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don't understand this you don't belong in this investment...How come they haven't been able to do that for the last 20 years? Because they've been on a program rate...I'm sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant...this is not for a program rate. This is for a powerful currency.
12-20-2022 Newshound Guru CharlieOK The [Vietnam] dong traded at over 2 bucks in the '50s. If there is any country that should try to force an RV before another, it should be VN. Stable country with a manufacturing base and lots of natural resources... The country of VN was involved in warfare from the latter '50s through the early '70s. Since then, VN has rebuilt the country with a diversified economy. It has natural resources and has a manufacturing base. Actually, VN shows what a fiasco Iraq now is. Even so, it appears that what we hope for might just be upon us...
12-20-2022 Newshound Guru Clare Article: "The National Bank of Iraq gets an advanced rating in Moody's at B3 and Caa1" Quote: "Managing Director of the National Bank of Iraq, Ayman Abu Dahim, confirmed, saying: We are very pleased that the National Bank of Iraq obtained for the first time a credit rating by Moody’s Investors Services, as this reflects a very positive outcome...and we are We are certain that this rating will rise in the future as we continue to implement strategies and plans to expand our business..."
12-19-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-19-2022 Newshound Guru Pimpy Enacting and implementing legislation to ensure equitable distribution of the hydrocarbon resources ...Not done...I know there are people out there telling you that was signed and done and it was done recently. No it wasn't. That is one of the biggies that has to get signed and implemented...3 out of the 18 are not complete. We need to disarm the militia...make sure political authorities are not undermining the Iraq security forces and the hydrocarbon law... [Post 2 of 2]
12-19-2022 Newshound Guru Pimpy Iraq is under all kinds of restriction. And even though they are out of Chapter 7 with the United Nations Security Council there are 18 items...that must be accomplished before restrictions are removed from Iraq...The list has not been updated since 2008...they're supposed to be doing an assessment every 2 years and I did not find an updated assessment list...I went down the list and researched to find out which ones were done and which ones are left over... [Post 1 of 2....stay tuned]
12-19-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-19-2022 Newshound Guru Walkingstick [via Frank26] China is going to accept the IQD as a form of payment in the very near future...this is going to be great for the float...
12-19-2022 Newshound Guru Militia Man Article: "Parliamentary Integrity: The amount looted in the theft of the century amounts to 8 trillion dinars" This crime is of epic proportions. The amount of theft is staggering and underway to be prosecuted at apparently the highest levels in previous government...It will have an affect in supporting the value of the Iraqi Dinar..ioo
12-19-2022 Newshound Guru Sandy Ingram Covid...Iraq almost went bankrupt - Neighbors building hundreds of dams cutting off the water flow...which has affected farming in Iraq - People learning how democracy works and how to use protest...Iran's intrusion into government affairs...getting bombed by Iran and turkey...through all of this the Iraqi CBI has managed to collect over 90 billing US dollars in the foreign currency reserves... (Iraq all paid off its debt to Kuwait $490 million in 2021...)
12-19-2022 Intel Guru Frank26 IMO We should get our own personal insurance. We should get our own insurance agents and buy insurance policies for the amount of money we have in the bank. Because FDIC is not for an American citizen. It is for the banks protection from American citizens...
12-19-2022 Guest Guru Margarita Article: ...about Bluepay. Well I went on the old google machine and found an email to the Bluepay site. I wrote one and asked how long they have been doing business in Iraq...[and] when do they turn it [the app] on... I got a response that they have been working in Iraq since October of 2021. So...they have been doing this thing for over a year now. This is the email sent to me from them. "Good day. Bluepay is live and working in all Iraq since October 2021, we have agents in all governates. We provide different classifications of visa cards, payment solutions and POC devises and other services. We would be happy to welcome you in our family. Best regards..." Then they showed their logo etc...I would love for it to be international!
12-19-2022 Intel Guru MarkZ [via PDK] [There is a rumor in Iraq that they are trying to overthrow Sudani…] They are frustrated because Sudani made promises that one of the first things he would do is change the value. …I think its more likely that Sudani would overthrow the sitting ministers at the CBI …if they don’t move forward…based on what I hear from my folks over there…
12-19-2022 Newshound Guru Clare Article: "New App allows Iraqis to trade US-Listed Stocks" Quote: "the company was recently approved by the Central Bank in Iraq (CBI) as the first and only company to offer international money transfer service...It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the
Iraqi market."
12-19-2022 Newshound Guru Pimpy They're doing what they can to combat what's going on [Iraqi dinar rate falling]...it's very interesting what we're seeing going on. The fact they still have over 90 billion in foreign currency assets is awesome and it's continuing to climb. The fact that they still have doubled their gold reserves is awesome. That's a great thing. These are the things that are needed to protect the Iraqi dinar. But they're not the only steps.
12-19-2022 Newshound/Intel Guru RVAlready This is a far different circumstance than 15 years ago. We have a PM who said the RV was his first priority...Release is getting closer.
12-19-2022 Newshound Guru Pimpy Enacting and implementing legislation to ensure equitable distribution of the hydrocarbon resources ...Not done...I know there are people out there telling you that was signed and done and it was done recently. No it wasn't. That is one of the biggies that has to get signed and implemented...3 out of the 18 are not complete. We need to disarm the militia...make sure political authorities are not undermining the Iraq security forces and the hydrocarbon law... [Post 2 of 2]
12-19-2022 Newshound Guru Pimpy Iraq is under all kinds of restriction. And even though they are out of Chapter 7 with the United Nations Security Council there are 18 items...that must be accomplished before restrictions are removed from Iraq...The list has not been updated since 2008...they're supposed to be doing an assessment every 2 years and I did not find an updated assessment list...I went down the list and researched to find out which ones were done and which ones are left over... [Post 1 of 2....stay tuned]
12-19-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-19-2022 Newshound Guru Walkingstick [via Frank26] China is going to accept the IQD as a form of payment in the very near future...this is going to be great for the float...
12-19-2022 Newshound Guru Militia Man Article: "Parliamentary Integrity: The amount looted in the theft of the century amounts to 8 trillion dinars" This crime is of epic proportions. The amount of theft is staggering and underway to be prosecuted at apparently the highest levels in previous government...It will have an affect in supporting the value of the Iraqi Dinar..ioo
12-19-2022 Newshound Guru Sandy Ingram Covid...Iraq almost went bankrupt - Neighbors building hundreds of dams cutting off the water flow...which has affected farming in Iraq - People learning how democracy works and how to use protest...Iran's intrusion into government affairs...getting bombed by Iran and turkey...through all of this the Iraqi CBI has managed to collect over 90 billing US dollars in the foreign currency reserves... (Iraq all paid off its debt to Kuwait $490 million in 2021...)
12-19-2022 Intel Guru Frank26 IMO We should get our own personal insurance. We should get our own insurance agents and buy insurance policies for the amount of money we have in the bank. Because FDIC is not for an American citizen. It is for the banks protection from American citizens...
12-19-2022 Guest Guru Margarita Article: ...about Bluepay. Well I went on the old google machine and found an email to the Bluepay site. I wrote one and asked how long they have been doing business in Iraq...[and] when do they turn it [the app] on... I got a response that they have been working in Iraq since October of 2021. So...they have been doing this thing for over a year now. This is the email sent to me from them. "Good day. Bluepay is live and working in all Iraq since October 2021, we have agents in all governates. We provide different classifications of visa cards, payment solutions and POC devises and other services. We would be happy to welcome you in our family. Best regards..." Then they showed their logo etc...I would love for it to be international!
12-19-2022 Intel Guru MarkZ [via PDK] [There is a rumor in Iraq that they are trying to overthrow Sudani…] They are frustrated because Sudani made promises that one of the first things he would do is change the value. …I think its more likely that Sudani would overthrow the sitting ministers at the CBI …if they don’t move forward…based on what I hear from my folks over there…
12-19-2022 Newshound Guru Clare Article: "New App allows Iraqis to trade US-Listed Stocks" Quote: "the company was recently approved by the Central Bank in Iraq (CBI) as the first and only company to offer international money transfer service...It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the
Iraqi market."
12-19-2022 Newshound Guru Pimpy They're doing what they can to combat what's going on [Iraqi dinar rate falling]...it's very interesting what we're seeing going on. The fact they still have over 90 billion in foreign currency assets is awesome and it's continuing to climb. The fact that they still have doubled their gold reserves is awesome. That's a great thing. These are the things that are needed to protect the Iraqi dinar. But they're not the only steps.
12-19-2022 Newshound/Intel Guru RVAlready This is a far different circumstance than 15 years ago. We have a PM who said the RV was his first priority...Release is getting closer.
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12-18-2022 Newshound Guru Pimpy There's no denying that there has been a ton of news regarding the exchange rate of the Iraqi dinar. But there are people out there mixing up the truth with BS...what is not being told to you is that the dinar is losing value as the people over there at the Central Bank are making changes to the the banking system.
12-18-2022 Intel Guru Frank26 Community comment "We could be years at a controlled float." No. IMO they'll probably get it capped within 6 months. It's going to explode the moment they get it at the international world. Everybody's going to use it. They're all salivating for it.
12-18-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-18-2022 Guest Guru KandG Vietnam is doing business internationally with less than a toilet paper exchange rate - we may need to rethink this idea that Iraq can't do international business on a program rate. I agree we see many encouraging articles showing a rate change but this particular narrative may need some additional thought IMO
12-18-2022 Newshound Guru Pimpy Al-Sudani appears to be the real deal Holyfield...a lot of things happening at the same time. Do I think they're going to change the rate anytime soon before the 5 years? We're just about to the halfway point anyways. Do I think it's gonna happen before the five years? ...I absolutely do. There's going to be some astronomical change? No. I still think it's going to go up in increment. The first step is going be to restore back to its original rate of 1190...I'm not trying to be a negative Nancy...the news I report is not negative, it's realistic...hang tight it's coming...
12-18-2022 Newshound Guru Kaperoni Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.
12-18-2022 Newshound Guru Paulette the big move for Iraq is the "restructure". The RI just increases their purchasing power on the International stage...
12-18-2022 Intel Guru Frank26 If you're not prepared for the Iraqi investment to mature it might be pure hell for you when you realize what you have to go through not only with our government but with your friends and family and everybody else. You're going to be targeted. But the worst target will come from our government. Give to Uncle Sam what belongs to him. Give the rest to God...
12-18-2022 Newshound Guru Pimpy Article: "Parliamentary Legal: An extraordinary session of Parliament if it receives the budget" I've talked about this before. If they can somehow agree on the budget before the end of the year you will see an emergency session called to Parliament to pass it before the end of the year. That would be great news for the Iraqi people...
12-18-2022 Newshound/Intel Guru Mnt Goat The news this period is almost all about the corruption in Iraq and what they plan to do about it...there is no way out of these corruption schemes unless these currency auctions end. To end them they will have to reinstate the dinar and trade it globally...Why won’t the IMF or the US take responsibility and do the reinstatement? It is because of all the corruption... It all goes back to...“what comes first the cart or the horse”? In other words, do they reinstate the dinar and then hope the corruption will end or do they end the corruption first, reducing the risk of failure in the reinstatement? I believe they have taken this second option...
12-18-2022 Newshound Guru Pimpy There's no denying that there has been a ton of news regarding the exchange rate of the Iraqi dinar. But there are people out there mixing up the truth with BS...what is not being told to you is that the dinar is losing value as the people over there at the Central Bank are making changes to the the banking system.
12-18-2022 Intel Guru Frank26 Community comment "We could be years at a controlled float." No. IMO they'll probably get it capped within 6 months. It's going to explode the moment they get it at the international world. Everybody's going to use it. They're all salivating for it.
12-18-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-18-2022 Guest Guru KandG Vietnam is doing business internationally with less than a toilet paper exchange rate - we may need to rethink this idea that Iraq can't do international business on a program rate. I agree we see many encouraging articles showing a rate change but this particular narrative may need some additional thought IMO
12-18-2022 Newshound Guru Pimpy Al-Sudani appears to be the real deal Holyfield...a lot of things happening at the same time. Do I think they're going to change the rate anytime soon before the 5 years? We're just about to the halfway point anyways. Do I think it's gonna happen before the five years? ...I absolutely do. There's going to be some astronomical change? No. I still think it's going to go up in increment. The first step is going be to restore back to its original rate of 1190...I'm not trying to be a negative Nancy...the news I report is not negative, it's realistic...hang tight it's coming...
12-18-2022 Newshound Guru Kaperoni Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.
12-18-2022 Newshound Guru Paulette the big move for Iraq is the "restructure". The RI just increases their purchasing power on the International stage...
12-18-2022 Intel Guru Frank26 If you're not prepared for the Iraqi investment to mature it might be pure hell for you when you realize what you have to go through not only with our government but with your friends and family and everybody else. You're going to be targeted. But the worst target will come from our government. Give to Uncle Sam what belongs to him. Give the rest to God...
12-18-2022 Newshound Guru Pimpy Article: "Parliamentary Legal: An extraordinary session of Parliament if it receives the budget" I've talked about this before. If they can somehow agree on the budget before the end of the year you will see an emergency session called to Parliament to pass it before the end of the year. That would be great news for the Iraqi people...
12-18-2022 Newshound/Intel Guru Mnt Goat The news this period is almost all about the corruption in Iraq and what they plan to do about it...there is no way out of these corruption schemes unless these currency auctions end. To end them they will have to reinstate the dinar and trade it globally...Why won’t the IMF or the US take responsibility and do the reinstatement? It is because of all the corruption... It all goes back to...“what comes first the cart or the horse”? In other words, do they reinstate the dinar and then hope the corruption will end or do they end the corruption first, reducing the risk of failure in the reinstatement? I believe they have taken this second option...
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12-17-2022 Newshound Guru Pimpy Even it they did make an exchange rate change to something like $3.22 it doesn't do us no good because we have to have a place to go swap it. We have to make sure that they're off the restrictions. That's something we need to keep an eye on...
12-17-2022 Intel Guru Frank26 Iraq is desperate financially. They have money. They've got lots of money and untapped money too. But they can't legally use it until they fulfill the Paris Club agreement.
12-17-2022 Intel Guru MarkZ [via PDK] I still don’t think it will float…I think the rate is going to be set…
12-17-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-17-2022 Newshound Guru Militia Man Article "Minister of Transport: We aspire to enhance the investment environment in Iraq " The transport of any country is very important for the Private Sector.. The major players in an infrastructure build out for a country post war is a critical sector...The country is looking to be fully committed now to open up internationally and transportation is a key component.. This is a good thing for investors of the Iraq Dinar.
12-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Question "What is the exchange rate of the dinar?" It depends...the exchange rate of the Iraqi dinar in county is 1460 but the Iraqi dinar is actually outside of the country right now in many of the exchange markets...Forex uses a decimal system...the rate of the Iraqi dinar outside of Iraq and it's used in international trade is .000859 whatever it is now. They deal in decimal points commonly called Phils...when you ask what is the exchange rate of the Iraqi dinar it's the way it is depicted. One is depicted with a decimal point - external outside of Iraq . And the other is in country and that's 1460.
12-17-2022 Newshound Guru Pimpy Article: "Central Bank: The cash reserves has reached its highest level in the history of the Iraqi state" This is awesome. This is another one of those things that Iraq needs to do to strengthen its' currency...this is great news.
12-17-2022 Newshound Guru Clare Article: "A slight decline in the exchange rate of the dollar" Quote: "The exchange rates of the dollar witnessed, on Saturday, December 17, 2022, a slight decrease in the local markets."
12-17-2022 Intel Guru MarkZ [via PDK] “USD/IQD rate stabilizes in Baghdad and drops in Erbil” It appears that we are at least moving to a float in the local market…I am still hearing though that we will be covered by a contract rate when it goes. I take this as an exceptionally good sign. I was always told it would start to fluctuate right before it goes…so to me this is fitting with everything I have been told about. We know they are moving forward and there is a lot of pressure on them. Getting the rate value increased is a regular conversation in Iraq. There is chatter and lots of pressure on the government of Iraq who has completed everything…now the CBI governor will certainly be tossed out on his ear if they do not move forward quickly.
12-17-2022 Newshound Guru Pimpy Article: "Temporary Order. The Prime Minister's Office Clarifies The Rise In The Exchange Rate Of The Dollar" That's the wrong direction. If the dollar is rising against the dinar that means the dinar is losing value. We don't want that to happen. Having said that, Iraq is getting their crap together. There are some hurdles preventing Iraq from moving forward as quickly as we would like but it's also causing some instability in the Iraqi dinar. Just ride the roller coaster out. Now that we know what's going on they're making some major changes in the Iraqi banking system...
12-17-2022 Intel Guru Frank26 Question: "How long will Iraq allow the 3-zero notes to be out there?" Probably a long time. Why? Because the satellite banks that they established around the world need to vacuum these back into the CBI. If you go to an American Bank the dinars will go to the United States Treasury in our foreign reserves. If you go to one of the satellite banks from the CBI somewhere in the U.S of A your dinars go back to the CBI.
12-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani’s office: the increase in the dollar exchange rate is temporary. Our financial situation is in the best of circumstances.
12-17-2022 Intel Guru Sheila …in the middle east...they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to unwind…there was a meeting on Thanksgiving day that was a big change. Things are moving…I just want to wish everyone a Merry Christmas and know things are well on its way…this is going to be a great holiday...
12-17-2022 Newshound Guru Pimpy Even it they did make an exchange rate change to something like $3.22 it doesn't do us no good because we have to have a place to go swap it. We have to make sure that they're off the restrictions. That's something we need to keep an eye on...
12-17-2022 Intel Guru Frank26 Iraq is desperate financially. They have money. They've got lots of money and untapped money too. But they can't legally use it until they fulfill the Paris Club agreement.
12-17-2022 Intel Guru MarkZ [via PDK] I still don’t think it will float…I think the rate is going to be set…
12-17-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-17-2022 Newshound Guru Militia Man Article "Minister of Transport: We aspire to enhance the investment environment in Iraq " The transport of any country is very important for the Private Sector.. The major players in an infrastructure build out for a country post war is a critical sector...The country is looking to be fully committed now to open up internationally and transportation is a key component.. This is a good thing for investors of the Iraq Dinar.
12-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Question "What is the exchange rate of the dinar?" It depends...the exchange rate of the Iraqi dinar in county is 1460 but the Iraqi dinar is actually outside of the country right now in many of the exchange markets...Forex uses a decimal system...the rate of the Iraqi dinar outside of Iraq and it's used in international trade is .000859 whatever it is now. They deal in decimal points commonly called Phils...when you ask what is the exchange rate of the Iraqi dinar it's the way it is depicted. One is depicted with a decimal point - external outside of Iraq . And the other is in country and that's 1460.
12-17-2022 Newshound Guru Pimpy Article: "Central Bank: The cash reserves has reached its highest level in the history of the Iraqi state" This is awesome. This is another one of those things that Iraq needs to do to strengthen its' currency...this is great news.
12-17-2022 Newshound Guru Clare Article: "A slight decline in the exchange rate of the dollar" Quote: "The exchange rates of the dollar witnessed, on Saturday, December 17, 2022, a slight decrease in the local markets."
12-17-2022 Intel Guru MarkZ [via PDK] “USD/IQD rate stabilizes in Baghdad and drops in Erbil” It appears that we are at least moving to a float in the local market…I am still hearing though that we will be covered by a contract rate when it goes. I take this as an exceptionally good sign. I was always told it would start to fluctuate right before it goes…so to me this is fitting with everything I have been told about. We know they are moving forward and there is a lot of pressure on them. Getting the rate value increased is a regular conversation in Iraq. There is chatter and lots of pressure on the government of Iraq who has completed everything…now the CBI governor will certainly be tossed out on his ear if they do not move forward quickly.
12-17-2022 Newshound Guru Pimpy Article: "Temporary Order. The Prime Minister's Office Clarifies The Rise In The Exchange Rate Of The Dollar" That's the wrong direction. If the dollar is rising against the dinar that means the dinar is losing value. We don't want that to happen. Having said that, Iraq is getting their crap together. There are some hurdles preventing Iraq from moving forward as quickly as we would like but it's also causing some instability in the Iraqi dinar. Just ride the roller coaster out. Now that we know what's going on they're making some major changes in the Iraqi banking system...
12-17-2022 Intel Guru Frank26 Question: "How long will Iraq allow the 3-zero notes to be out there?" Probably a long time. Why? Because the satellite banks that they established around the world need to vacuum these back into the CBI. If you go to an American Bank the dinars will go to the United States Treasury in our foreign reserves. If you go to one of the satellite banks from the CBI somewhere in the U.S of A your dinars go back to the CBI.
12-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani’s office: the increase in the dollar exchange rate is temporary. Our financial situation is in the best of circumstances.
12-17-2022 Intel Guru Sheila …in the middle east...they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to unwind…there was a meeting on Thanksgiving day that was a big change. Things are moving…I just want to wish everyone a Merry Christmas and know things are well on its way…this is going to be a great holiday...
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12-16-2022 Newshound Guru Pimpy Article: "Dollar exchange rates jump to 151,000 dinars on Baghdad Stock Exchange" That's the wrong direction... we definitely want it to go another direction...we need this number 151,000 to go down bigly...
12-16-2022 Intel Guru MarkZ [via PDK] ...I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.
12-16-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-16-2022 Intel Guru Frank26 The 800# you really should be thinking about is the United States Treasury...The U.S. Treasury is going to tell you when you call them where you can go to exchange your Iraqi dinar. Don't you think they want the Iraqi dinar for the treasury? Yeah. [NOTE: If/when the dinar changes in value or banking access to the dinar changes we'll inform you and the Dinar Guru community...you're in the right place.]
12-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Why was the 2023 budget sent back to the prime minister and not sent to the parliament for a vote? Apparently we can sidestep the president's signature and wait for two weeks. Maybe Sudani wanted to add more to it via the meetings he had with the CBI...
12-16-2022 Newshound Guru Clare Article: "Central Bank: The cash reserve has reached its highest level in the history of the Iraqi state" Quote: "the central bank's reserves have reached their highest levels in the history of the Iraqi state and have exceeded 90 billion dollars,"
12-16-2022 Newshound Guru Pimpy As I've explained before there's too much Iraqi dinar that's in the hands of the corrupt. The best way and the quickest way to end that and to assure people don't get rich off of stealing the Iraqi dinar is going to be to redenominate it. If they're going to go ahead and redenominate it and make new bills, they might as well go ahead and do the deletion of the zeros. [Post 2 of 2]
12-16-2022 Newshound Guru Pimpy Here's what it is I'm anticipation that's going to happen. Once the United Nations absolutely positively removes these [UNSC Chapter 7] resolutions and there's no longer any restrictions on Iraq and...their currency and we see that the Iraqi dinar can now be bought and sold in our county freely with no issues then I'm going to anticipate Iraq to start doing the redenomination and the deletion of the zeros. [Post 1 of 2....stay tuned]
12-16-2022 Newshound Guru Kaperoni A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income. In other words, the dinars value is directly related to the success and growth of Iraq's economy. Until that happens the dinar will remain weak.
12-16-2022 Intel Guru MarkZ [via PDK] “Al Rafidain confirms the launch of its predecessor electronically at the beginning of next year” ...they are going to start paying people electronically beginning of next year…i take this as very positive sign…. The biggest reason they want to adjust the value or reinstate the value of the dinar to it’s “ former glory ” because they want to take care of their retirees. They want to revalue now.
12-16-2022 Newshound Guru Sandy Ingram Article: "Iraq recovers $7.9 billion in surplus war reparation from Kuwait" This fund was set up to compensate Kuwait for Iraq's invasions of the country in 1990. The amount was returned to Iraq after an audit by the Security Council...
12-16-2022 Newshound Guru Pimpy Great news over the last couple of days...I think these are major steps that were needed in order for Iraq to once again be accepted by the international community and their currency be recognized. I keep stating, even if they did make a change to the Iraqi dinar exchange rate what good is it going to do if we are dealing with restricted currencies. Did what Iraq just recently do take care of that issue? We're gonna find out...
12-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI has been having meetings with everyone! FRANK: That's exciting because if you look at the people he's meeting with these are the right people...they are all part of the reforms both economic and monetary. Yeah, I'm excited to see what is happening in this month of December.
12-16-2022 Intel Guru MarkZ [via PDK] I do not believe we will be paying taxes on this…we don’t pay taxes on currency exchanges now. None of my sources think we will have taxes on this…but, be prepared just in case. [Always consult your tax professional at the appropriate time]
12-16-2022 Newshound Guru Pimpy Article: "Dollar exchange rates jump to 151,000 dinars on Baghdad Stock Exchange" That's the wrong direction... we definitely want it to go another direction...we need this number 151,000 to go down bigly...
12-16-2022 Intel Guru MarkZ [via PDK] ...I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.
12-16-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-16-2022 Intel Guru Frank26 The 800# you really should be thinking about is the United States Treasury...The U.S. Treasury is going to tell you when you call them where you can go to exchange your Iraqi dinar. Don't you think they want the Iraqi dinar for the treasury? Yeah. [NOTE: If/when the dinar changes in value or banking access to the dinar changes we'll inform you and the Dinar Guru community...you're in the right place.]
12-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Why was the 2023 budget sent back to the prime minister and not sent to the parliament for a vote? Apparently we can sidestep the president's signature and wait for two weeks. Maybe Sudani wanted to add more to it via the meetings he had with the CBI...
12-16-2022 Newshound Guru Clare Article: "Central Bank: The cash reserve has reached its highest level in the history of the Iraqi state" Quote: "the central bank's reserves have reached their highest levels in the history of the Iraqi state and have exceeded 90 billion dollars,"
12-16-2022 Newshound Guru Pimpy As I've explained before there's too much Iraqi dinar that's in the hands of the corrupt. The best way and the quickest way to end that and to assure people don't get rich off of stealing the Iraqi dinar is going to be to redenominate it. If they're going to go ahead and redenominate it and make new bills, they might as well go ahead and do the deletion of the zeros. [Post 2 of 2]
12-16-2022 Newshound Guru Pimpy Here's what it is I'm anticipation that's going to happen. Once the United Nations absolutely positively removes these [UNSC Chapter 7] resolutions and there's no longer any restrictions on Iraq and...their currency and we see that the Iraqi dinar can now be bought and sold in our county freely with no issues then I'm going to anticipate Iraq to start doing the redenomination and the deletion of the zeros. [Post 1 of 2....stay tuned]
12-16-2022 Newshound Guru Kaperoni A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income. In other words, the dinars value is directly related to the success and growth of Iraq's economy. Until that happens the dinar will remain weak.
12-16-2022 Intel Guru MarkZ [via PDK] “Al Rafidain confirms the launch of its predecessor electronically at the beginning of next year” ...they are going to start paying people electronically beginning of next year…i take this as very positive sign…. The biggest reason they want to adjust the value or reinstate the value of the dinar to it’s “ former glory ” because they want to take care of their retirees. They want to revalue now.
12-16-2022 Newshound Guru Sandy Ingram Article: "Iraq recovers $7.9 billion in surplus war reparation from Kuwait" This fund was set up to compensate Kuwait for Iraq's invasions of the country in 1990. The amount was returned to Iraq after an audit by the Security Council...
12-16-2022 Newshound Guru Pimpy Great news over the last couple of days...I think these are major steps that were needed in order for Iraq to once again be accepted by the international community and their currency be recognized. I keep stating, even if they did make a change to the Iraqi dinar exchange rate what good is it going to do if we are dealing with restricted currencies. Did what Iraq just recently do take care of that issue? We're gonna find out...
12-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI has been having meetings with everyone! FRANK: That's exciting because if you look at the people he's meeting with these are the right people...they are all part of the reforms both economic and monetary. Yeah, I'm excited to see what is happening in this month of December.
12-16-2022 Intel Guru MarkZ [via PDK] I do not believe we will be paying taxes on this…we don’t pay taxes on currency exchanges now. None of my sources think we will have taxes on this…but, be prepared just in case. [Always consult your tax professional at the appropriate time]
12-15-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] This thing about Sudani receiving the budget, he's making little tweaks because he had some conversations with the CBI.
12-15-2022 Intel Guru MarkZ [via PDK] [Why do you think we will see the RV and not a float happen?] Because they want us to think the float is going to happen…a float in Iraq will not fix the problems of the world…it will help the Iraqi people but the Iraqi dinar is one of the biggest pistons in the GCR…. So that and the fact that a majority of my exchange related contacts bankers and paymasters are absolutely convinced we will have the full blown RV and not a float.
12-15-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-15-2022 Intel Guru Frank26 IOO the [New] ATMs are not the ATMs the citizens are going to right now. There are old ATMs that are dispensing the old 3-zero notes. There are thousands of ATMs that are just sitting there.
12-15-2022 Newshound Guru Pimpy The draft budget has been sent forward. So far there doesn't seem to be any changes that need to take place. There is an actual decent chance this budget might be passed before the end of this year.
12-15-2022 Newshound Guru Militia Man Article "The budget law may interrupt the legislative recess of the House of Representatives" What is not to like about this and the timing of it. The PM has the final touches to the Draft Law.
12-15-2022 Newshound Guru Paulette It is very possible that the CBI may "restructure" the currency before Parliament receives the budget for the "1st Reading ". At least, that is what I am hopeful for...I...am glad that Parliament did not receive the budget prior to adjourning for their required 30 day break. IMSO, this bodes well for seeing the "restructure" occur before Parliament returns. This is the step I have waited for as it will determine much about the potential windfall of this "speculative investment"
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] A pairing is what we now are looking for...because it will start to reveal what the Iraqi dinar is doing is a float...the pairing will lead the Iraqi dinar to an exchange rate equivalence...the IMF and the U.S. treasury...will only allow the float to be a plus or minus 2% to 3%...until they cap it.
12-15-2022 Intel Guru Frank26 "International". There is no other word for us to be interesting in right now...It's so important that you understand Iraq is reaching to the international world. Their arms are wide open. They're hugging everybody...international. This is powerful.
12-15-2022 Newshound Guru Pimpy With all this speculation going on with the exchange rate you really have to question what is really going on. Are these individuals who are privy to the truth about the exchange rate and that some change might be taking place, therefore they're starting all kinds of speculator rumors which drives up the value of the dollar against the Iraqi dinar allowing people to buy more dinar for the dollars because they anticipate a change in the rate that would benefit the dinar...?
12-15-2022 Newshound Guru Clare Article: "The International Monetary Fund: the reserves of the Central Bank of Iraq will rise to 100 billion dollars"
12-15-2022 Intel Guru MarkZ [via PDK] There is a whole lot coming out of Iraq right now and holy smokes it has been an interesting overnight and early morning already. Things have lit up overnight...We know they have finished all their requirements and now it looks like they are off “stuck” and moving quickly... What I am hearing coming out of the banking side. Meetings started yesterday late in the evening…as they try to prepare for this...I don’t have any timing from bankers yet…they were still in meetings late last night. I cannot wait to get updates today.
12-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We were told that the last payment for Kuwait has been made. It was paid off yesterday... FRANK: To see Kuwait is finally satisfied with the restitution that Iraq needed to do with them because this is one of the precursors of the new exchange rate through the IMF...is exciting. I can see your excitement.
12-15-2022 Newshound Guru Pimpy ...The UN Council removed them out of Chapter 7 but they still left on all the damn restrictions. What good was it? They still needed some of these resolutions to be removed...They have now paid the last remaining balance of the debt owed. Let's see if the United Nations moves quick enough... Quote: "the composition file was finally closed after Security Council resolution 2621 of 2022." They are done people. We're just waiting to see what it is the United Nations does. [Post 2 of 2]
12-15-2022 Newshound Guru Pimpy Article: "Iraq is looking forward to a development leap after turning the page on Kuwait's compensation" Iraq is done with Kuwait...this opens up a ton of doors for Iraq...it's a...huge positive step towards any real major changes to the revaluation of the Iraqi dinar... Quote: "we are expecting a resolution from the United Nations Security Council at the beginning or this year to remove Iraq from the problems of Chapter 7...and to get rid of more than 40 resolutions imposed on it because of the Kuwait War...getting rid of article 7 opens up great opportunities for Iraq to integrate into the global community." [Post 1 of 2....stay tuned]
12-15-2022 Intel Guru MarkZ [via PDK] “Central Bank of Iraq auctions more than 138 million in foreign reserves today“ Why do I bring this up? The transactions were made in a 1460 dinar to one dollar. This is the official rate according to the CBI and forex right now. There is a “parallel market” on the streets. Venders and the ISX-Iraqi stock exchange are different then what the CBI presents to the world…. This is our first hints that Iraq is pushing towards a float…at least internally.
12-15-2022 Newshound/Intel Guru Mnt Goat The IQD from Iraq...MUST be reinstated in order for Iraq to progress forward with any success to the global markets if this is what they truly desire and they tell us this is where they want to go. But they will have to overcome the puppetry of Iran first. This RV journey will end and I can...see the road ahead. I can see the end point now and it is not long off. The pressure is building and now even many more economists are now pushing for the FOREX reinstatement...
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] This thing about Sudani receiving the budget, he's making little tweaks because he had some conversations with the CBI.
12-15-2022 Intel Guru MarkZ [via PDK] [Why do you think we will see the RV and not a float happen?] Because they want us to think the float is going to happen…a float in Iraq will not fix the problems of the world…it will help the Iraqi people but the Iraqi dinar is one of the biggest pistons in the GCR…. So that and the fact that a majority of my exchange related contacts bankers and paymasters are absolutely convinced we will have the full blown RV and not a float.
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12-15-2022 Intel Guru Frank26 IOO the [New] ATMs are not the ATMs the citizens are going to right now. There are old ATMs that are dispensing the old 3-zero notes. There are thousands of ATMs that are just sitting there.
12-15-2022 Newshound Guru Pimpy The draft budget has been sent forward. So far there doesn't seem to be any changes that need to take place. There is an actual decent chance this budget might be passed before the end of this year.
12-15-2022 Newshound Guru Militia Man Article "The budget law may interrupt the legislative recess of the House of Representatives" What is not to like about this and the timing of it. The PM has the final touches to the Draft Law.
12-15-2022 Newshound Guru Paulette It is very possible that the CBI may "restructure" the currency before Parliament receives the budget for the "1st Reading ". At least, that is what I am hopeful for...I...am glad that Parliament did not receive the budget prior to adjourning for their required 30 day break. IMSO, this bodes well for seeing the "restructure" occur before Parliament returns. This is the step I have waited for as it will determine much about the potential windfall of this "speculative investment"
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] A pairing is what we now are looking for...because it will start to reveal what the Iraqi dinar is doing is a float...the pairing will lead the Iraqi dinar to an exchange rate equivalence...the IMF and the U.S. treasury...will only allow the float to be a plus or minus 2% to 3%...until they cap it.
12-15-2022 Intel Guru Frank26 "International". There is no other word for us to be interesting in right now...It's so important that you understand Iraq is reaching to the international world. Their arms are wide open. They're hugging everybody...international. This is powerful.
12-15-2022 Newshound Guru Pimpy With all this speculation going on with the exchange rate you really have to question what is really going on. Are these individuals who are privy to the truth about the exchange rate and that some change might be taking place, therefore they're starting all kinds of speculator rumors which drives up the value of the dollar against the Iraqi dinar allowing people to buy more dinar for the dollars because they anticipate a change in the rate that would benefit the dinar...?
12-15-2022 Newshound Guru Clare Article: "The International Monetary Fund: the reserves of the Central Bank of Iraq will rise to 100 billion dollars"
12-15-2022 Intel Guru MarkZ [via PDK] There is a whole lot coming out of Iraq right now and holy smokes it has been an interesting overnight and early morning already. Things have lit up overnight...We know they have finished all their requirements and now it looks like they are off “stuck” and moving quickly... What I am hearing coming out of the banking side. Meetings started yesterday late in the evening…as they try to prepare for this...I don’t have any timing from bankers yet…they were still in meetings late last night. I cannot wait to get updates today.
12-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We were told that the last payment for Kuwait has been made. It was paid off yesterday... FRANK: To see Kuwait is finally satisfied with the restitution that Iraq needed to do with them because this is one of the precursors of the new exchange rate through the IMF...is exciting. I can see your excitement.
12-15-2022 Newshound Guru Pimpy ...The UN Council removed them out of Chapter 7 but they still left on all the damn restrictions. What good was it? They still needed some of these resolutions to be removed...They have now paid the last remaining balance of the debt owed. Let's see if the United Nations moves quick enough... Quote: "the composition file was finally closed after Security Council resolution 2621 of 2022." They are done people. We're just waiting to see what it is the United Nations does. [Post 2 of 2]
12-15-2022 Newshound Guru Pimpy Article: "Iraq is looking forward to a development leap after turning the page on Kuwait's compensation" Iraq is done with Kuwait...this opens up a ton of doors for Iraq...it's a...huge positive step towards any real major changes to the revaluation of the Iraqi dinar... Quote: "we are expecting a resolution from the United Nations Security Council at the beginning or this year to remove Iraq from the problems of Chapter 7...and to get rid of more than 40 resolutions imposed on it because of the Kuwait War...getting rid of article 7 opens up great opportunities for Iraq to integrate into the global community." [Post 1 of 2....stay tuned]
12-15-2022 Intel Guru MarkZ [via PDK] “Central Bank of Iraq auctions more than 138 million in foreign reserves today“ Why do I bring this up? The transactions were made in a 1460 dinar to one dollar. This is the official rate according to the CBI and forex right now. There is a “parallel market” on the streets. Venders and the ISX-Iraqi stock exchange are different then what the CBI presents to the world…. This is our first hints that Iraq is pushing towards a float…at least internally.
12-15-2022 Newshound/Intel Guru Mnt Goat The IQD from Iraq...MUST be reinstated in order for Iraq to progress forward with any success to the global markets if this is what they truly desire and they tell us this is where they want to go. But they will have to overcome the puppetry of Iran first. This RV journey will end and I can...see the road ahead. I can see the end point now and it is not long off. The pressure is building and now even many more economists are now pushing for the FOREX reinstatement...
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12-14-2022 Intel Guru Frank26 Question: "I understand that they have 720 trillion dinars in existence how can this quantity be revalued to even 1 to 1 to the American dollar?" You change the physical currency. Instead of a 25000, you have a 25 note. But you don't just change the currency. You also change the exchange rate...You're changing physically the currency but you're changing the rate...
12-14-2022 Intel Guru MarkZ [via PDK] I am also hearing from my contacts in the QFS [Quantum Financial System] team. They are looking at a very short window of “This Week” to release. We will see if that pans out. These are the same group that tells me to “trust the plan” and this group feels the next couple days will be huge...That the green light has officially been given and we are about to see all kinds of craziness kick off. I am ... hopeful they are accurate... [post 2 of 2]
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12-14-2022 Intel Guru MarkZ [via PDK] “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run...the CBI is prepared and ready. [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Al-Mandalawi: Quick and decisive measures to stop the rise in the dollar exchange rate" Quote: "To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate."
12-14-2022 Newshound Guru Pimpy Article: "The Central Bank launches an electronic platform for buying and selling the dollar next month" This is going to probably alleviate a lot of the corruption involved with the currency auctions. There's no guarantee...but it should...the more they become updated...the less likely we have of corruption.
12-14-2022 Newshound Guru Breitling What's Iraq looking at? They're looking at the markets - where can they get the most customers and that's it. They have two things in front of them. Adding value to their currency and where can they get the most customers. So they're looking at the GP2 and IPEF. They're looking at 62% of the worlds population that is part of those trade groups and 40% of the world GDP. They're going to build a policy based on those numbers. That's it.
12-14-2022 Intel Guru MarkZ [via PDK] [I don’t understand what an RI or RV is.] A reinstatement would be going back to an original rate…a RV or revaluation would be a rate different than that…and a float is somewhere in between.
12-14-2022 Newshound Guru Kaperoni The dinar has no restrictions. The banking system remains under IMF Article XIV...Iraq still needs to meet some compliance issues and receive approval from the IMF in order to move to IMF Article VIII...
12-14-2022 Newshound Guru Pimpy Article: "Parliamentary legal hints at an "emergency" session to approve the 2023 budget" If this thing can somehow get approved by Al-Sadini and then the House of Representative takes a look at it and [if] everybody's pretty happy, you can see an emergency session be called in and people vote on it right away. The sooner the better...
12-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new ATMs have the software for the new small category notes. I don't know if the new small category notes are in it. But I can guarantee they do have the software for the new small category notes. That's why they are not online as of yet. The software for the new small category notes is already programed into these machines and is ready to go active any time.
12-14-2022 Intel Guru MarkZ [via PDK] ...we are watching exactly what I was told to look for years ago…the crazy back and forth news on values … This weakening of the dinar could be them trying to get more dinar off the streets before coming out with a float. We are trying to make heads or tails out of all of this because we are also seeing on some foreign currency exchanges some crazy values on the dinar…where its worth $6-$7 dollars…to $4 dollars…but nobody is trading it…and we are seeing those rates and fluctuations…on several kinds of currencies…not just Iraq. ...I think they are priming us for value changes…and more than one. This makes me feel a little more warm and fuzzy that maybe Iraq won’t be going alone? They have not changed values yet and we cannot go exchange yet…there is still possibilities of a float… [post 2 of 2]
12-14-2022 Intel Guru MarkZ [via PDK] ...on the forex…we are starting to see some very strange values popping up. Nobody is exchanging…and values have not officially changed…Maybe they are priming the system? It is not yet what we are looking for. There are some real ping pong games going on with the forex. Makes us wonder “why?” It appears from the outside looking in…and from conversations from people on the ground in Iraq that the markets are trying to force the CBI to move. At this point I’m confused at what is playing out. We seem to be watching the de coupling as things start to move…and I was told there would be a “dip” in the dinar right before the revalue. And that is what we are seeing... [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Planning: Al-Sudani issued directives to address the effects of changing the exchange rate of the dollar" Quote: "the Ministry of Planning revealed the issuance of directives from Prime Minister Mohamed Shia Al-Sudani related to addressing the effects of changing the exchange rate of the dollar...the effects of changing the exchange rate are not all negative," stressing that "there is no agreement, whether in the House of Representatives or in the Central Bank, to change the
exchange rate"
12-14-2022 Intel Guru Frank26 They are increasing the value of the IQD against the American dollar. It will be a gradual float. They kicked the American dollar out of Iraq's markets/circulation last week...The IQD is being setup/poised/prepared to lead the Middle East as a currency hub...
12-14-2022 Newshound Guru Pimpy This article keeps touching bases on a group of speculators who continue to try...to drive the value of the dollar up while driving the value of the Iraqi dinar down...Why would they do that? Is it possible these people know there's going to be a change in the exchange rate...? So by stirring up all kinds of rumors...you can get more Iraqi dinars for your dollar...Is it possible some very corrupt people are trying to buy the Iraq dinar for cheaper dollars knowing in advance that their rate might change? [Post 2 of 2]
12-14-2022 Newshound Guru Pimpy Article: "The talk of the exchange rate invades the Iraqi sessions...and the currency auction is the window for whitening the dollar" We all know there's lots of individuals who are politically connected and pick up on information they most likely shouldn't have. There's been a lot of meetings with the governor of the Central Bank of Iraq. There's no doubt they've been talking about changing the Iraqi currency... [Post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar."
12-14-2022 Intel Guru Frank26 Question: "I understand that they have 720 trillion dinars in existence how can this quantity be revalued to even 1 to 1 to the American dollar?" You change the physical currency. Instead of a 25000, you have a 25 note. But you don't just change the currency. You also change the exchange rate...You're changing physically the currency but you're changing the rate...
12-14-2022 Intel Guru MarkZ [via PDK] I am also hearing from my contacts in the QFS [Quantum Financial System] team. They are looking at a very short window of “This Week” to release. We will see if that pans out. These are the same group that tells me to “trust the plan” and this group feels the next couple days will be huge...That the green light has officially been given and we are about to see all kinds of craziness kick off. I am ... hopeful they are accurate... [post 2 of 2]
12-14-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-14-2022 Intel Guru MarkZ [via PDK] “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run...the CBI is prepared and ready. [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Al-Mandalawi: Quick and decisive measures to stop the rise in the dollar exchange rate" Quote: "To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate."
12-14-2022 Newshound Guru Pimpy Article: "The Central Bank launches an electronic platform for buying and selling the dollar next month" This is going to probably alleviate a lot of the corruption involved with the currency auctions. There's no guarantee...but it should...the more they become updated...the less likely we have of corruption.
12-14-2022 Newshound Guru Breitling What's Iraq looking at? They're looking at the markets - where can they get the most customers and that's it. They have two things in front of them. Adding value to their currency and where can they get the most customers. So they're looking at the GP2 and IPEF. They're looking at 62% of the worlds population that is part of those trade groups and 40% of the world GDP. They're going to build a policy based on those numbers. That's it.
12-14-2022 Intel Guru MarkZ [via PDK] [I don’t understand what an RI or RV is.] A reinstatement would be going back to an original rate…a RV or revaluation would be a rate different than that…and a float is somewhere in between.
12-14-2022 Newshound Guru Kaperoni The dinar has no restrictions. The banking system remains under IMF Article XIV...Iraq still needs to meet some compliance issues and receive approval from the IMF in order to move to IMF Article VIII...
12-14-2022 Newshound Guru Pimpy Article: "Parliamentary legal hints at an "emergency" session to approve the 2023 budget" If this thing can somehow get approved by Al-Sadini and then the House of Representative takes a look at it and [if] everybody's pretty happy, you can see an emergency session be called in and people vote on it right away. The sooner the better...
12-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new ATMs have the software for the new small category notes. I don't know if the new small category notes are in it. But I can guarantee they do have the software for the new small category notes. That's why they are not online as of yet. The software for the new small category notes is already programed into these machines and is ready to go active any time.
12-14-2022 Intel Guru MarkZ [via PDK] ...we are watching exactly what I was told to look for years ago…the crazy back and forth news on values … This weakening of the dinar could be them trying to get more dinar off the streets before coming out with a float. We are trying to make heads or tails out of all of this because we are also seeing on some foreign currency exchanges some crazy values on the dinar…where its worth $6-$7 dollars…to $4 dollars…but nobody is trading it…and we are seeing those rates and fluctuations…on several kinds of currencies…not just Iraq. ...I think they are priming us for value changes…and more than one. This makes me feel a little more warm and fuzzy that maybe Iraq won’t be going alone? They have not changed values yet and we cannot go exchange yet…there is still possibilities of a float… [post 2 of 2]
12-14-2022 Intel Guru MarkZ [via PDK] ...on the forex…we are starting to see some very strange values popping up. Nobody is exchanging…and values have not officially changed…Maybe they are priming the system? It is not yet what we are looking for. There are some real ping pong games going on with the forex. Makes us wonder “why?” It appears from the outside looking in…and from conversations from people on the ground in Iraq that the markets are trying to force the CBI to move. At this point I’m confused at what is playing out. We seem to be watching the de coupling as things start to move…and I was told there would be a “dip” in the dinar right before the revalue. And that is what we are seeing... [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Planning: Al-Sudani issued directives to address the effects of changing the exchange rate of the dollar" Quote: "the Ministry of Planning revealed the issuance of directives from Prime Minister Mohamed Shia Al-Sudani related to addressing the effects of changing the exchange rate of the dollar...the effects of changing the exchange rate are not all negative," stressing that "there is no agreement, whether in the House of Representatives or in the Central Bank, to change the
exchange rate"
12-14-2022 Intel Guru Frank26 They are increasing the value of the IQD against the American dollar. It will be a gradual float. They kicked the American dollar out of Iraq's markets/circulation last week...The IQD is being setup/poised/prepared to lead the Middle East as a currency hub...
12-14-2022 Newshound Guru Pimpy This article keeps touching bases on a group of speculators who continue to try...to drive the value of the dollar up while driving the value of the Iraqi dinar down...Why would they do that? Is it possible these people know there's going to be a change in the exchange rate...? So by stirring up all kinds of rumors...you can get more Iraqi dinars for your dollar...Is it possible some very corrupt people are trying to buy the Iraq dinar for cheaper dollars knowing in advance that their rate might change? [Post 2 of 2]
12-14-2022 Newshound Guru Pimpy Article: "The talk of the exchange rate invades the Iraqi sessions...and the currency auction is the window for whitening the dollar" We all know there's lots of individuals who are politically connected and pick up on information they most likely shouldn't have. There's been a lot of meetings with the governor of the Central Bank of Iraq. There's no doubt they've been talking about changing the Iraqi currency... [Post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar."
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12-13-2022 Intel Guru MarkZ [via PDK] ...I was told that if they come out at a float the banks will be offering us multicurrency accounts for us to deposit in when we exchange. Then we wait…and watch and decide when its high enough …or pull out what we need. I am not in the least bit worried about it.
12-13-2022 Newshound Guru Pimpy There's something I'm noticing that's making me very suspicious about this whole Iraqi dinar exchange rate fiasco that's going on...Seems to me like people are purposely out there starting rumors to cause the devaluation of the Iraqi dinar so these [corrupt] people could purchase more of them so when a times comes and a real rate change has taken place they could benefit from it.
12-13-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-13-2022 Intel Guru Frank26 Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Float here we come! How many time have I told you Iraq will become a financial hub? Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar." I'm extremely happy...
12-13-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq. This is what we've been waiting on - Insight into Iraq's plans. Article "First Iraqi Bank Announces Iraq's Fully Digital Bank, Gears for a Cashless Economy in the Country" ...Each customer will be assigned an IBAN (International Bank Account Number) to allow cross-border transactions...the article did not mention an RV...the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. I don't know yet...
12-13-2022 Newshound Guru Militia Man Article: "Blue to Debut a Fintech Super App for Iraq and the Middle East" This news out is massive. Iraq is going international before our very eyes....They tell us they will be able to top up accounts in the Bluepay app on mobile phones. Trade USA Listed Stocks and all approved by the Central Bank of Iraq. They can do that with both the USD and the IQD and then exchange their balances with 10 other countries. Wow...Multi - currency capabilities with the USD, the Yaun, IRAQ DINAR, etc, etc.. Soon to be Saudi Arabia too. For those that have been on the fence about Iraq ever going international, you can rest assured now we have been spot on.
12-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] The budget is voted into law in parliament. Then it's sent to the president of the republic for his John Hancock...then ta-da it's official. But if it's not sent to the president...then what happens? It becomes law automatically without the signature of the president of the republic within 15 days of receipt...
12-13-2022 Intel Guru MarkZ [via PDK] Article: ”Central bank : the cash reserve has reached its highest level in the history of the state.” We are talking even higher then with Saadam Hussein in its hayday… Right now they are sitting on more cash reserves than at any other time in this countries history… They have exceeded $90 billion dollars in US value…and its just sitting there…unused…and ready to roll…. This is one of the few countries in the world whose economies are not “in the hole” so to speak. ...the author Al Yasari is one of those with Sudani that specifically mentions that the change in the exchange value is the best way to help the poor and under performing classes.
12-13-2022 Newshound Guru Paulette As long as the "restructure" happens and the CBI stands by what they have said in the past and as recently as a few weeks ago that no denominations will be withdrawn and that the 3 zero's will coexist for at least 2 years and upwards of 10 years, we will be very happy when this occurs.
12-13-2022 Newshound Guru Pimpy Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" This right here is big news and I mean BIG news. We know Iraq was released from United Nations Security Council's chapter VII but...they had to finish compensation to Kuwait...looks like the last payment is finally here...That has been satisfied. This is great news and a major step forward for Iraq in order to be recognized on the international scene and to help remove restrictions off their currency...This is awesome. This is big.
12-13-2022 Newshound Guru Clare Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" Quote: "Iraq revealed in 2021 that it had terminated all necessary banking arrangements with the US Federal Reserve Bank to stop the automatic deduction of Kuwait's compensation from Iraqi crude oil export revenues, after paying the full remaining amount of compensation"
12-13-2022 Intel Guru Frank26 They [Iraq] will reinstitute their currency and then they will reinstate it. Pretty cool...they are doing this for the world market consumers. The World Bank and the IMF has made sure they have done this...To reinstitute the currency is what you are seeing but then it's going to float...the float increases the value of the dinar. That's an RV...
12-13-2022 Newshound Guru Paulette Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" this is the perfect scenario!!!! This is exactly what I posted and is PERFECTLY congruent with what we should all be hopeful.
12-13-2022 Intel Guru MarkZ [via PDK] [If our rate is already established through the terms of the treaty why are we concerned about the float?] We won’t know until Iraq goes international and are officially on the float…And officially an internationally traded currency. If they go to a float…all your banks will suddenly start taking it. I still hope it comes out fixed and not a float.
12-13-2022 Newshound Guru Pimpy Yes, I hear there's still more chitter-chatter about the exchange rate and yes there's a lot of misinformation still going on out there about the Iraqi dinar...the full exchange rate being reinstated - that's not the case. The talk...is about them going back to the old rate of 1199 per dollar. The Hydrocarbon Law - has not been signed...It was agreed upon in 2007 but...the Iraqi Supreme Court struck it down...and they have been renegotiating...The statement that the whole world is pushing/forcing Iraq to change their exchange rate is inaccurate. Countries don't usually get involved with people's exchange rate unless you're trying to manipulate them and that's not the case with Iraq.
12-13-2022 Intel Guru MarkZ [via PDK] ...I was told that if they come out at a float the banks will be offering us multicurrency accounts for us to deposit in when we exchange. Then we wait…and watch and decide when its high enough …or pull out what we need. I am not in the least bit worried about it.
12-13-2022 Newshound Guru Pimpy There's something I'm noticing that's making me very suspicious about this whole Iraqi dinar exchange rate fiasco that's going on...Seems to me like people are purposely out there starting rumors to cause the devaluation of the Iraqi dinar so these [corrupt] people could purchase more of them so when a times comes and a real rate change has taken place they could benefit from it.
12-13-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-13-2022 Intel Guru Frank26 Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Float here we come! How many time have I told you Iraq will become a financial hub? Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar." I'm extremely happy...
12-13-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq. This is what we've been waiting on - Insight into Iraq's plans. Article "First Iraqi Bank Announces Iraq's Fully Digital Bank, Gears for a Cashless Economy in the Country" ...Each customer will be assigned an IBAN (International Bank Account Number) to allow cross-border transactions...the article did not mention an RV...the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. I don't know yet...
12-13-2022 Newshound Guru Militia Man Article: "Blue to Debut a Fintech Super App for Iraq and the Middle East" This news out is massive. Iraq is going international before our very eyes....They tell us they will be able to top up accounts in the Bluepay app on mobile phones. Trade USA Listed Stocks and all approved by the Central Bank of Iraq. They can do that with both the USD and the IQD and then exchange their balances with 10 other countries. Wow...Multi - currency capabilities with the USD, the Yaun, IRAQ DINAR, etc, etc.. Soon to be Saudi Arabia too. For those that have been on the fence about Iraq ever going international, you can rest assured now we have been spot on.
12-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] The budget is voted into law in parliament. Then it's sent to the president of the republic for his John Hancock...then ta-da it's official. But if it's not sent to the president...then what happens? It becomes law automatically without the signature of the president of the republic within 15 days of receipt...
12-13-2022 Intel Guru MarkZ [via PDK] Article: ”Central bank : the cash reserve has reached its highest level in the history of the state.” We are talking even higher then with Saadam Hussein in its hayday… Right now they are sitting on more cash reserves than at any other time in this countries history… They have exceeded $90 billion dollars in US value…and its just sitting there…unused…and ready to roll…. This is one of the few countries in the world whose economies are not “in the hole” so to speak. ...the author Al Yasari is one of those with Sudani that specifically mentions that the change in the exchange value is the best way to help the poor and under performing classes.
12-13-2022 Newshound Guru Paulette As long as the "restructure" happens and the CBI stands by what they have said in the past and as recently as a few weeks ago that no denominations will be withdrawn and that the 3 zero's will coexist for at least 2 years and upwards of 10 years, we will be very happy when this occurs.
12-13-2022 Newshound Guru Pimpy Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" This right here is big news and I mean BIG news. We know Iraq was released from United Nations Security Council's chapter VII but...they had to finish compensation to Kuwait...looks like the last payment is finally here...That has been satisfied. This is great news and a major step forward for Iraq in order to be recognized on the international scene and to help remove restrictions off their currency...This is awesome. This is big.
12-13-2022 Newshound Guru Clare Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" Quote: "Iraq revealed in 2021 that it had terminated all necessary banking arrangements with the US Federal Reserve Bank to stop the automatic deduction of Kuwait's compensation from Iraqi crude oil export revenues, after paying the full remaining amount of compensation"
12-13-2022 Intel Guru Frank26 They [Iraq] will reinstitute their currency and then they will reinstate it. Pretty cool...they are doing this for the world market consumers. The World Bank and the IMF has made sure they have done this...To reinstitute the currency is what you are seeing but then it's going to float...the float increases the value of the dinar. That's an RV...
12-13-2022 Newshound Guru Paulette Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" this is the perfect scenario!!!! This is exactly what I posted and is PERFECTLY congruent with what we should all be hopeful.
12-13-2022 Intel Guru MarkZ [via PDK] [If our rate is already established through the terms of the treaty why are we concerned about the float?] We won’t know until Iraq goes international and are officially on the float…And officially an internationally traded currency. If they go to a float…all your banks will suddenly start taking it. I still hope it comes out fixed and not a float.
12-13-2022 Newshound Guru Pimpy Yes, I hear there's still more chitter-chatter about the exchange rate and yes there's a lot of misinformation still going on out there about the Iraqi dinar...the full exchange rate being reinstated - that's not the case. The talk...is about them going back to the old rate of 1199 per dollar. The Hydrocarbon Law - has not been signed...It was agreed upon in 2007 but...the Iraqi Supreme Court struck it down...and they have been renegotiating...The statement that the whole world is pushing/forcing Iraq to change their exchange rate is inaccurate. Countries don't usually get involved with people's exchange rate unless you're trying to manipulate them and that's not the case with Iraq.
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12-12-2022 Intel Guru Frank26 Question: "How close are we?" We're as close as your dandruff is to your hair...we're as close as your breath is to your lungs. We are very close in my opinion. We've been wanting to see the things that we're seeing in print. That's what puts us in a very positive mood and a good direction.
12-12-2022 Intel Guru MarkZ [via PDK] We are expecting our taxes to be paid under a treaty…but all bets are off if Iraq does a float. We still expect no taxes on your transaction because it’s a currency exchange on foreign currency…as I understand it …but we will all be seeking advice from a lot of tax professionals if it floats instead of a full blown reset. Just be prepared. [NOTE: Consult with your tax professionals at the appropriate time to determine the right taxes for your unique circumstances.]
12-12-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-12-2022 Newshound Guru Kaperoni They're talking about increasing the dollar sales through the auction which will raise the value of the dinar back to what it was a year ago. Around 1170 to $1.
12-12-2022 Newshound Guru Militia Man Article: "The Iraqi Trade Bank announces the recovery of one trillion and 500 billion dinars" The amount of funds being recovered to Iraq from corruption is staggering in totality. The trillions of dinars being returned will support their exchange rate internationally.
12-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] WALKINGSTICK: Have you heard anything about the 20K notes? BANK FRIEND: Yes they were assigned to us last month but there was never a firm commitment on the release of the 20K notes...so far we have no further update concerning the 20k.
12-12-2022 Newshound Guru Paulette IMSO, "restructuring" and "RI" are two separate events which could occur simultaneously or weeks apart. For many reasons, I believe it will be weeks apart. I have always believed that, ideally for the benefit of Iraq, "restructuring" will occur prior to Parliament passing the budget and the "RI" will occur after the Budget becomes law.
12-12-2022 Intel Guru MarkZ [via PDK] I think this one is a key piece for Iraq to be ready for the revaluation… Article: “The Central bank is launching an electronic platform for buying and selling the dollar next month.” Reading between the lines I think this is an important step if they are going to handle a revaluation of some size to make sure these currencies are not questionable…that someone wont exchange millions in terrorist dollars. AND it will protect the rate for those at the bottom of the economic totem pole. I think this one is a serious “tell” for us and how close we are getting…A lot of phenominal things happened this weekend in Iraq. So I am very upbeat
12-12-2022 Newshound Guru Clare Article: "The talk of the exchange rate invades the Iraqi sessions..and the currency auction is the window for whitening the dollar" Quote: "The talk of the exchange rate of the dollar has become the most prominent one being circulated by Iraqis who are disaffected by the continued escalation of prices."
12-12-2022 Newshound Guru Pimpy Article Quote: "Parliamentary Finance announces the completion of the touches of the budget and its transfer to the Sudanese office." Now that they have it and all the final touches are done, they handed it out to the House of Representatives. Even though they are on recess at the moment you could see a scenario in which if they have an opportunity to go ahead and pass this budget before the end of the year they will call an emergency session and vote on that sucker. It'd be a great way to start the new year.
12-12-2022 Intel Guru Frank26 It has to play out exactly as we're seeing it unfold. Everybody knew. You knew. I knew. Maybe some people pretended they didn't know but the dinar is never going to come out at $3+. At least at 1 to 1 then you can de-peg...everyone knew it would be a gradual float then on the international market, for example Forex, the rate could return to $3+ range or above like other Middle Eastern countries around them. It's a brilliant plan.
12-12-2022 Guru Nader From The Mid East Article: "Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office..."
12-12-2022 Newshound/Intel Guru RVAlready ...If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP. It will take a bit for a new value to be established...Don’t be surprised if it does not jump right away. Iraq estimated 10 days for the price to stabilize. I’m guessing it should settle by December 20th...I’m hoping for $1 or $1.50 by December 20. We will see what happens.
12-12-2022 Intel Guru Frank26 Question: "How close are we?" We're as close as your dandruff is to your hair...we're as close as your breath is to your lungs. We are very close in my opinion. We've been wanting to see the things that we're seeing in print. That's what puts us in a very positive mood and a good direction.
12-12-2022 Intel Guru MarkZ [via PDK] We are expecting our taxes to be paid under a treaty…but all bets are off if Iraq does a float. We still expect no taxes on your transaction because it’s a currency exchange on foreign currency…as I understand it …but we will all be seeking advice from a lot of tax professionals if it floats instead of a full blown reset. Just be prepared. [NOTE: Consult with your tax professionals at the appropriate time to determine the right taxes for your unique circumstances.]
12-12-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-12-2022 Newshound Guru Kaperoni They're talking about increasing the dollar sales through the auction which will raise the value of the dinar back to what it was a year ago. Around 1170 to $1.
12-12-2022 Newshound Guru Militia Man Article: "The Iraqi Trade Bank announces the recovery of one trillion and 500 billion dinars" The amount of funds being recovered to Iraq from corruption is staggering in totality. The trillions of dinars being returned will support their exchange rate internationally.
12-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] WALKINGSTICK: Have you heard anything about the 20K notes? BANK FRIEND: Yes they were assigned to us last month but there was never a firm commitment on the release of the 20K notes...so far we have no further update concerning the 20k.
12-12-2022 Newshound Guru Paulette IMSO, "restructuring" and "RI" are two separate events which could occur simultaneously or weeks apart. For many reasons, I believe it will be weeks apart. I have always believed that, ideally for the benefit of Iraq, "restructuring" will occur prior to Parliament passing the budget and the "RI" will occur after the Budget becomes law.
12-12-2022 Intel Guru MarkZ [via PDK] I think this one is a key piece for Iraq to be ready for the revaluation… Article: “The Central bank is launching an electronic platform for buying and selling the dollar next month.” Reading between the lines I think this is an important step if they are going to handle a revaluation of some size to make sure these currencies are not questionable…that someone wont exchange millions in terrorist dollars. AND it will protect the rate for those at the bottom of the economic totem pole. I think this one is a serious “tell” for us and how close we are getting…A lot of phenominal things happened this weekend in Iraq. So I am very upbeat
12-12-2022 Newshound Guru Clare Article: "The talk of the exchange rate invades the Iraqi sessions..and the currency auction is the window for whitening the dollar" Quote: "The talk of the exchange rate of the dollar has become the most prominent one being circulated by Iraqis who are disaffected by the continued escalation of prices."
12-12-2022 Newshound Guru Pimpy Article Quote: "Parliamentary Finance announces the completion of the touches of the budget and its transfer to the Sudanese office." Now that they have it and all the final touches are done, they handed it out to the House of Representatives. Even though they are on recess at the moment you could see a scenario in which if they have an opportunity to go ahead and pass this budget before the end of the year they will call an emergency session and vote on that sucker. It'd be a great way to start the new year.
12-12-2022 Intel Guru Frank26 It has to play out exactly as we're seeing it unfold. Everybody knew. You knew. I knew. Maybe some people pretended they didn't know but the dinar is never going to come out at $3+. At least at 1 to 1 then you can de-peg...everyone knew it would be a gradual float then on the international market, for example Forex, the rate could return to $3+ range or above like other Middle Eastern countries around them. It's a brilliant plan.
12-12-2022 Guru Nader From The Mid East Article: "Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office..."
12-12-2022 Newshound/Intel Guru RVAlready ...If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP. It will take a bit for a new value to be established...Don’t be surprised if it does not jump right away. Iraq estimated 10 days for the price to stabilize. I’m guessing it should settle by December 20th...I’m hoping for $1 or $1.50 by December 20. We will see what happens.
12-11-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-11-2022 Newshound Guru Pimpy When they do change the exchange rate, if they do, they're only going to restore the old rate. Not the $3.22 rate...the rate they had prior to this rate which is 1190 dinars for every $1. Right now they have 1450 dinars for every dollar...
12-11-2022 Intel Guru Frank26 Article: "With the participation of Iraq, the Chinese president will visit Saudi Arabia on Thursday to attend a joint summit" IRAN NEEDS IRAQ'S CURRENCY & CHINA NEEDS IRAQ'S OIL BOTH ARE GREAT FOR THE IQD EXCHANGE RATE.
12-11-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-11-2022 Newshound Guru Samson Article: "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" CBI taking actions
12-11-2022 Newshound Guru Sandy Ingram Kuwait is Iraq's neighbor... they have the highest value currency in the world. How did Kuwait get to this status? For one the Kuwaiti money is hard, very hard, difficult to come by. It is not plentiful like the Iraqi dinar or even the U.s. dollar. Secondly Kuwait too is a an oil rich nation...
12-11-2022 Newshound Guru Kaperoni Guru Frank26 says once you see Iraq pass the hydrocarbon law (HCL) you'll see a new exchange rate...He is wrong...The HCL significantly help investment, but there will be no change in the dinar rate until Iraq develops a private sector economy...Only with the success and growth of Iraq's economy can the dinar go up in value and it will be gradually over time via float.
12-11-2022 Intel Guru Frank26 The HCL was agreed upon a long time ago...indirectly Article 140 was agreed upon a long time ago. This is going to trigger the exchange rate in the budget with the reforms...Article 140 - HCL - Article VIII - Forex - Float - cap it. This is good.
12-11-2022 Newshound Guru Paulette I believe that the closer to the end of this year that Sudani's GOI passes the budget, the greater likelihood we will see the CBI move to "restructure" the currency. Realize, this "restructure" must also come with a significant rate change. In country of course but a significant change nonetheless. I am hopeful this will be 1.46 IQD to 1 USD. I will certainly love to see $0.685 cents to 1 IQD going into January and then will sit tight knowing the RI is close behind.
12-11-2022 Newshound Guru Clare Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" Quote: "the Iraqi Council of Ministers will vote on the draft general financial budget law for the year 2023 at the end of this month."
12-11-2022 Intel Guru MarkZ [via PDK] From my contacts there they are hoping officially for a float by midweek this coming week… I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…Right now, this is just possibilities…Just be prepared for either direction.
12-11-2022 Newshound Guru Pimpy When they do change the exchange rate, if they do, they're only going to restore the old rate. Not the $3.22 rate...the rate they had prior to this rate which is 1190 dinars for every $1. Right now they have 1450 dinars for every dollar...
12-11-2022 Intel Guru Frank26 Article: "With the participation of Iraq, the Chinese president will visit Saudi Arabia on Thursday to attend a joint summit" IRAN NEEDS IRAQ'S CURRENCY & CHINA NEEDS IRAQ'S OIL BOTH ARE GREAT FOR THE IQD EXCHANGE RATE.
12-11-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-11-2022 Newshound Guru Samson Article: "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" CBI taking actions
12-11-2022 Newshound Guru Sandy Ingram Kuwait is Iraq's neighbor... they have the highest value currency in the world. How did Kuwait get to this status? For one the Kuwaiti money is hard, very hard, difficult to come by. It is not plentiful like the Iraqi dinar or even the U.s. dollar. Secondly Kuwait too is a an oil rich nation...
12-11-2022 Newshound Guru Kaperoni Guru Frank26 says once you see Iraq pass the hydrocarbon law (HCL) you'll see a new exchange rate...He is wrong...The HCL significantly help investment, but there will be no change in the dinar rate until Iraq develops a private sector economy...Only with the success and growth of Iraq's economy can the dinar go up in value and it will be gradually over time via float.
12-11-2022 Intel Guru Frank26 The HCL was agreed upon a long time ago...indirectly Article 140 was agreed upon a long time ago. This is going to trigger the exchange rate in the budget with the reforms...Article 140 - HCL - Article VIII - Forex - Float - cap it. This is good.
12-11-2022 Newshound Guru Paulette I believe that the closer to the end of this year that Sudani's GOI passes the budget, the greater likelihood we will see the CBI move to "restructure" the currency. Realize, this "restructure" must also come with a significant rate change. In country of course but a significant change nonetheless. I am hopeful this will be 1.46 IQD to 1 USD. I will certainly love to see $0.685 cents to 1 IQD going into January and then will sit tight knowing the RI is close behind.
12-11-2022 Newshound Guru Clare Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" Quote: "the Iraqi Council of Ministers will vote on the draft general financial budget law for the year 2023 at the end of this month."
12-11-2022 Intel Guru MarkZ [via PDK] From my contacts there they are hoping officially for a float by midweek this coming week… I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…Right now, this is just possibilities…Just be prepared for either direction.
12-10-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-10-2022 Intel Guru Frank26 Iraq is going to be a currency hub IMO and the IMF, World Bank, U.S. Treasury and all these entities have done a wonderful job getting the IQD in position to return to the glory days. Now will Iraq comply and go international and float? Or will they continue a gradual increase. I don't know but either one of these scenarios goes in the right direction and that's what's happening IMO.
12-10-2022 Newshound Guru Clare Article "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" Quote "...the exchange rate is still disciplined and will be returned to normal within two weeks, no more"
12-10-2022 Newshound Guru Kaperoni I have stated numerous times the auctions are twofold, the first is to provide dollars to pay for imports for the country, and the second being to control the exchange rate by a balance between dinars and dollars. This new action by the central bank will put more dollars in the auction weakening the dollar and strengthening the dinar which Parliament has been talking about for several months because of the effects on the poor.
12-10-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-10-2022 Newshound Guru Paulette Sudani's GOI continues working and I believe will pass the Budget in December...It then goes to Parliament who will likely read it after reconvening approximately 1/07/23...This will be the "1st Reading"...It will then go to Parliament's Finance Committee for "study and observations"...this often can take 30 days or more...Parliament then does the "2nd Reading" ...changes may have to be made which legally requires it go back to Sudani and his GOI to make changes...Upon return to Parliament, if all is agreed by Parliament, it can go for third reading and vote which is usually done "line item by line item"
12-10-2022 Newshound Guru Pimpy When it comes to Iraq we're always taking one step forward and three steps back...There's problems with the currency auctions...they just can't seem to get it together...the Federal Reserve has been auditing the currency sales...and they're not liking what they see. Some of the biggest issues that foreign investors and the International community had with Iraq - Money laundering and financing of terrorists...at least they're catching these things...working with the United States to fix the issues...
12-10-2022 Intel Guru Frank26 The CBI is having explosive meetings right now with many countries and entities in preparation of [Iraq's] budget and new exchange rate...the word 'mechanism' is being used to cover the new exchange rate in the budget...keep looking for that word because the governor of the CBI will be using it a lot from now on...
12-10-2022 Intel Guru MarkZ [via PDK] From Iraq: “The democrat announces the formation of a committee titled (Article 40)” The Kurdistan democratic party announced today a committee to legislate the Oil and Gas Law. We were told a week or so ago that they had agreed to the framework…and this is it. It is now official and announced in Kurdistan. Long ago we were told that article 140 was one of the last stumbling blocks for revaluing the Iraqi currency and they have now worked out the differences with the Kurdistan region including profit sharing, taxes, revenues ect…For those of us that have been following this a long time…this is very good news...
12-10-2022 Guru Nader From The Mid East ...It has no support. That's why you see the dollar going up from 1460 to 1551 and it might get to 1552, 1553. You'll see in a couple of weeks it going back...things will get better. You will see...The dinar needs some support...attached to some assets...the dinar will go up up quick. It will be a dollar...I want to see 1160/1170 for now. If it goes in that range I'm sure it's gonna go quicker after that. Right now we're waiting for it to go in that range... [Post 2 of 2]
12-10-2022 Guru Nader From The Mid East The CBI or the government... didn't make a decision yet to support [the dinar] with anything. It's detached from the dollars but not completely. It should be detached by the end of this week or next week the beginning...the government have to support it with whatever they have reserve, gold...put if back on petroleum dinars...they have to attached it to something else. It's going to take a couple of weeks. [Post 1 of 2]
12-10-2022 Intel Guru Frank26 Article: "Al-Sudani and the International Monetary are discussing reforming the Iraqi banking system and efforts to combat corruption". THERE IS NO REASON TO REFORM IRAQ'S BANKS UNLESS YOU ARE REFORMING THE MONETARY REFORM... THAT'S WHY THE IMF MEETS WITH THE CBI DAILY!
12-10-2022 Guest Guru Sunkissed Article: "Al-Sudani meets Al-Sisi and affirms Iraq's keenness to maintain relations with its Arab and regional milieu:" How can a country be a pioneer when they’re dependent upon another country’s currency because their currency is worthless? We all know that would be ridiculous! ...Iraq is telling us exactly what they are doing here. Getting investment promises so that the moment they go article 8, these agreements go live so the international monetary process succeeds! This article should give everyone the assurance that Iraq is serious and on the threshold to ACTIVATE everything they have put in place and set in motion.
12-10-2022 Intel Guru Frank26 Iraq is going to be a currency hub IMO and the IMF, World Bank, U.S. Treasury and all these entities have done a wonderful job getting the IQD in position to return to the glory days. Now will Iraq comply and go international and float? Or will they continue a gradual increase. I don't know but either one of these scenarios goes in the right direction and that's what's happening IMO.
12-10-2022 Newshound Guru Clare Article "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" Quote "...the exchange rate is still disciplined and will be returned to normal within two weeks, no more"
12-10-2022 Newshound Guru Kaperoni I have stated numerous times the auctions are twofold, the first is to provide dollars to pay for imports for the country, and the second being to control the exchange rate by a balance between dinars and dollars. This new action by the central bank will put more dollars in the auction weakening the dollar and strengthening the dinar which Parliament has been talking about for several months because of the effects on the poor.
12-10-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-10-2022 Newshound Guru Paulette Sudani's GOI continues working and I believe will pass the Budget in December...It then goes to Parliament who will likely read it after reconvening approximately 1/07/23...This will be the "1st Reading"...It will then go to Parliament's Finance Committee for "study and observations"...this often can take 30 days or more...Parliament then does the "2nd Reading" ...changes may have to be made which legally requires it go back to Sudani and his GOI to make changes...Upon return to Parliament, if all is agreed by Parliament, it can go for third reading and vote which is usually done "line item by line item"
12-10-2022 Newshound Guru Pimpy When it comes to Iraq we're always taking one step forward and three steps back...There's problems with the currency auctions...they just can't seem to get it together...the Federal Reserve has been auditing the currency sales...and they're not liking what they see. Some of the biggest issues that foreign investors and the International community had with Iraq - Money laundering and financing of terrorists...at least they're catching these things...working with the United States to fix the issues...
12-10-2022 Intel Guru Frank26 The CBI is having explosive meetings right now with many countries and entities in preparation of [Iraq's] budget and new exchange rate...the word 'mechanism' is being used to cover the new exchange rate in the budget...keep looking for that word because the governor of the CBI will be using it a lot from now on...
12-10-2022 Intel Guru MarkZ [via PDK] From Iraq: “The democrat announces the formation of a committee titled (Article 40)” The Kurdistan democratic party announced today a committee to legislate the Oil and Gas Law. We were told a week or so ago that they had agreed to the framework…and this is it. It is now official and announced in Kurdistan. Long ago we were told that article 140 was one of the last stumbling blocks for revaluing the Iraqi currency and they have now worked out the differences with the Kurdistan region including profit sharing, taxes, revenues ect…For those of us that have been following this a long time…this is very good news...
12-10-2022 Guru Nader From The Mid East ...It has no support. That's why you see the dollar going up from 1460 to 1551 and it might get to 1552, 1553. You'll see in a couple of weeks it going back...things will get better. You will see...The dinar needs some support...attached to some assets...the dinar will go up up quick. It will be a dollar...I want to see 1160/1170 for now. If it goes in that range I'm sure it's gonna go quicker after that. Right now we're waiting for it to go in that range... [Post 2 of 2]
12-10-2022 Guru Nader From The Mid East The CBI or the government... didn't make a decision yet to support [the dinar] with anything. It's detached from the dollars but not completely. It should be detached by the end of this week or next week the beginning...the government have to support it with whatever they have reserve, gold...put if back on petroleum dinars...they have to attached it to something else. It's going to take a couple of weeks. [Post 1 of 2]
12-10-2022 Intel Guru Frank26 Article: "Al-Sudani and the International Monetary are discussing reforming the Iraqi banking system and efforts to combat corruption". THERE IS NO REASON TO REFORM IRAQ'S BANKS UNLESS YOU ARE REFORMING THE MONETARY REFORM... THAT'S WHY THE IMF MEETS WITH THE CBI DAILY!
12-10-2022 Guest Guru Sunkissed Article: "Al-Sudani meets Al-Sisi and affirms Iraq's keenness to maintain relations with its Arab and regional milieu:" How can a country be a pioneer when they’re dependent upon another country’s currency because their currency is worthless? We all know that would be ridiculous! ...Iraq is telling us exactly what they are doing here. Getting investment promises so that the moment they go article 8, these agreements go live so the international monetary process succeeds! This article should give everyone the assurance that Iraq is serious and on the threshold to ACTIVATE everything they have put in place and set in motion.
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12-9-2022 Intel Guru Frank26 What is the pattern we're seeing in articles? What is it we're constantly seeing in articles? The budget and the rate. That's all they talk about.
12-9-2022 Newshound Guru Kaperoni Guru Sandy Ingram claims Iraq is collecting dinar at auction and reducing the money supply making it scarce...Iraq is not reducing the money supply...The auctions serve a very important role in maintaining stability of the dinar exchange rate against the dollar by maintaining a balance...As long as they utilize the auctions, a balance between dinars and dollars is necessary to maintain a stable exchange rate currently at 1460 or about.
12-9-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-9-2022 Intel Guru Bruce [via WiserNow] And we heard from one of our ...top bank sources that we had rates on the dinar and on the Vietnamese Dong - they were showing up - great rates already and they're trading upwards - and these would be considered screen rates that we haven't really had before on the front screens. They’ve got some back screen rates and those are fine, that's all good, but point is the currencies - from what we can tell are ready, they're all the countries have their currencies in position. It's kind of like putting all the horses in a race engine starting gate. And now it's just a matter of opening the gate and letting it go...I do expect it to go in a matter of days. And it could be that we do get everything by Saturday as we hope... [post 2 of 2]
12-9-2022 Intel Guru Bruce [via WiserNow] What we heard...was that the Iraqi dinar did make its way on to our Forex where we could see it. If you're in the United States you had a Forex subscription, or you're a bank or whatever – Traders...We got that confirmed again last night and today by another source - two sources. And that is a very positive thing for us to have that finally there. It tells us Iraq is there. They've done what they said they do... we know that they brought their rate out a week ago, Sunday... regardless of what certain people are saying. We know this. We know this directly from Iraq. And we also know that it's been on bank screens and the all the rates have populated back up on bank screens. [post 1 of 2....stay tuned]
12-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Many of the new features on the ATM machines that are still offline and been offline will soon be available...we can still use the ATMs now for regular use but the updated features will soon be available to all citizens. FRANK: 'Mechanisms'...the ATM machines are slowly being introduced to you so that it doesn't become a shock the moment they raise the value.
12-9-2022 Intel Guru MarkZ [via PDK] “Saudi Arabia gathers China’s Xi with Arab leaders in” new era” of ties “ one of those Arab leaders is from Iraq. Iraq is very well represented there for the first time in years. They are making their presence known in politics on the world stage. They cannot be on the world stage without a world recognized currency...it is important to notice these things….it shows you Iraq is heading this direction quickly and the nations around them are excepting that fact.
12-9-2022 Newshound Guru Sandy Ingram Article: "The Governor of the Central Bank of Iraq receives the IMF mission." The governor of the CBI met with the International Monetary Fund Minister of Finance...we know the IMF needs to sign off on financial recommendations for Iraq, meaning the IMF would need to approve or disapprove major financial issues pertaining to Iraq...
12-9-2022 Newshound Guru Pimpy The lower the amount of dinars for every dollar the better for us. We want to go all the way to the point where you get more US dollars for every one dinar. That's the direction we want to go in. [Note: You can always see the official CBI rate in the column on the left side of this page]
12-9-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the mission of the International Monetary Fund" THE CBI IS HAVING HOT MEETINGS RIGHT NOW WITH... EVERYONE! AND THESE MEETINGS WILL SOON EXPLODE WITH MORE INFORMATION TO THE CITIZENS ON THE MONETARY REFORM
12-9-2022 Intel Guru MarkZ [via PDK] Articles in Iraq out today and excuses as to why they don’t have the 2023 budget done. But that they will tackle it the moment parliament gets back from recess. A tidbit from an article is they are no longer in bankruptcy so they can absolutely RV now. Once again though the CBI does not need the budget in order to change the value.
12-9-2022 Newshound Guru Henig Article: "The Civil Aviation Authority issues an important decision regarding the vaccination certificate" Quote: “Based on the instructions issued by the Ministry of Health regarding the procedures of the Covid-19 pandemic, we advise all travelers and airlines operating in Iraqi airports not to ask arrivals or departures (Iraqis and foreigners). With a Covid-19 vaccination certificate..."
12-9-2022 Intel Guru Frank26 What is the pattern we're seeing in articles? What is it we're constantly seeing in articles? The budget and the rate. That's all they talk about.
12-9-2022 Newshound Guru Kaperoni Guru Sandy Ingram claims Iraq is collecting dinar at auction and reducing the money supply making it scarce...Iraq is not reducing the money supply...The auctions serve a very important role in maintaining stability of the dinar exchange rate against the dollar by maintaining a balance...As long as they utilize the auctions, a balance between dinars and dollars is necessary to maintain a stable exchange rate currently at 1460 or about.
12-9-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-9-2022 Intel Guru Bruce [via WiserNow] And we heard from one of our ...top bank sources that we had rates on the dinar and on the Vietnamese Dong - they were showing up - great rates already and they're trading upwards - and these would be considered screen rates that we haven't really had before on the front screens. They’ve got some back screen rates and those are fine, that's all good, but point is the currencies - from what we can tell are ready, they're all the countries have their currencies in position. It's kind of like putting all the horses in a race engine starting gate. And now it's just a matter of opening the gate and letting it go...I do expect it to go in a matter of days. And it could be that we do get everything by Saturday as we hope... [post 2 of 2]
12-9-2022 Intel Guru Bruce [via WiserNow] What we heard...was that the Iraqi dinar did make its way on to our Forex where we could see it. If you're in the United States you had a Forex subscription, or you're a bank or whatever – Traders...We got that confirmed again last night and today by another source - two sources. And that is a very positive thing for us to have that finally there. It tells us Iraq is there. They've done what they said they do... we know that they brought their rate out a week ago, Sunday... regardless of what certain people are saying. We know this. We know this directly from Iraq. And we also know that it's been on bank screens and the all the rates have populated back up on bank screens. [post 1 of 2....stay tuned]
12-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Many of the new features on the ATM machines that are still offline and been offline will soon be available...we can still use the ATMs now for regular use but the updated features will soon be available to all citizens. FRANK: 'Mechanisms'...the ATM machines are slowly being introduced to you so that it doesn't become a shock the moment they raise the value.
12-9-2022 Intel Guru MarkZ [via PDK] “Saudi Arabia gathers China’s Xi with Arab leaders in” new era” of ties “ one of those Arab leaders is from Iraq. Iraq is very well represented there for the first time in years. They are making their presence known in politics on the world stage. They cannot be on the world stage without a world recognized currency...it is important to notice these things….it shows you Iraq is heading this direction quickly and the nations around them are excepting that fact.
12-9-2022 Newshound Guru Sandy Ingram Article: "The Governor of the Central Bank of Iraq receives the IMF mission." The governor of the CBI met with the International Monetary Fund Minister of Finance...we know the IMF needs to sign off on financial recommendations for Iraq, meaning the IMF would need to approve or disapprove major financial issues pertaining to Iraq...
12-9-2022 Newshound Guru Pimpy The lower the amount of dinars for every dollar the better for us. We want to go all the way to the point where you get more US dollars for every one dinar. That's the direction we want to go in. [Note: You can always see the official CBI rate in the column on the left side of this page]
12-9-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the mission of the International Monetary Fund" THE CBI IS HAVING HOT MEETINGS RIGHT NOW WITH... EVERYONE! AND THESE MEETINGS WILL SOON EXPLODE WITH MORE INFORMATION TO THE CITIZENS ON THE MONETARY REFORM
12-9-2022 Intel Guru MarkZ [via PDK] Articles in Iraq out today and excuses as to why they don’t have the 2023 budget done. But that they will tackle it the moment parliament gets back from recess. A tidbit from an article is they are no longer in bankruptcy so they can absolutely RV now. Once again though the CBI does not need the budget in order to change the value.
12-9-2022 Newshound Guru Henig Article: "The Civil Aviation Authority issues an important decision regarding the vaccination certificate" Quote: “Based on the instructions issued by the Ministry of Health regarding the procedures of the Covid-19 pandemic, we advise all travelers and airlines operating in Iraqi airports not to ask arrivals or departures (Iraqis and foreigners). With a Covid-19 vaccination certificate..."
12-8-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-8-2022 Newshound Guru Clare Article: "In numbers... a new government comment on the draft budget law 2023" Quote “the delay
came due to the delay in forming the current government and its approval of a new ministerial curriculum and development principles that take priorities, which requires longer time to prepare and present the 2023 budget.”
12-8-2022 Intel Guru Frank26 This is very important. The CBI said on Monday, 'We have started the process of lowing gradually the exchange rate of the Iraqi dinar against the American dollar.' You know what that is? Preparing to float. You know what that is also? ...it's a reinstatement process that allows them to reinstate their currency.
12-8-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-8-2022 Intel Guru MarkZ [via PDK] [Did Iraq pass its budget today?] I heard they did not…it would have delayed their legislation recess. So it looks like it won’t be passed until January. But, that does not mean they won't Rv. In fact it may be a better time to do it while parliament is not there. 2 ministers today said they could call an emergency session if the CBI did not move forward with a rate change.
12-8-2022 Newshound Guru Walkingstick [via Frank26] The CBI is having hot meetings with everyone, every three-letter agency you can think of along with every country...I have never seen meetings like these before. They're extremely hot. Extremely volatile...normally these meeting just go on to the next, to the next, to the next but every meeting is accomplishing something...
12-8-2022 Newshound Guru Sandy Ingram [Follow up to her 12-7-2022 exchange in Iraq post] Let me clarify...the need to travel for the revalue would only come if Iraq prints new money or goes digital with restrictions on the exchange. If Iraq prints new money they could do what Kuwait did and restrict where you can exchange the old currency, which we are holding, for the new currency.
12-8-2022 Intel Guru Frank26 Iraq will not be able to retrieve this important source of money [stolen and recovered funds] from the Paris Club Agreement for liquidity until they go public with at least a 1 to 1 rate...
12-8-2022 Intel Guru MarkZ [via PDK] [Member: latest update from a banker is he has no specific date he is confident we will be exchanging before Christmas.] That is what we are all hearing…we are being told that everything is great …things are moving and we should be exchanging well within the month of December.
12-8-2022 Newshound Guru Pimpy Article: "The dollar is approaching 151,000 dinars on the Baghdad Stock Exchange" It [the dinar rate] is going in the wrong direction. We need it to go in the other direction. Something is causing the Iraqi dinar to lose its value against the U.S. dollar...This obviously is a concern of the government. It is a concern of the banking industry.
12-8-2022 Newshound Guru Clare Article: "Iraq.. The dollar continues to exceed the threshold of 1,500 dinars" Quote: "The selling price of the dollar was 150,200 dinars per 100 dollars, while the buying price of the dollar was 150,100 dinars per 100 dollars."
12-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All they talk about is approving the budget and talking about a law. This law they're saying is of integrity and is of our sovereignty...they're talking about how all calculations on the budget have been changed and is ready. FRANK: Your report...screams a rate change very loudly with a strong echo ...if the budget has been calculated and ready to go it is because they have used the new exchange rate...
12-8-2022 Newshound Guru Clare Article: "In numbers... a new government comment on the draft budget law 2023" Quote “the delay
came due to the delay in forming the current government and its approval of a new ministerial curriculum and development principles that take priorities, which requires longer time to prepare and present the 2023 budget.”
12-8-2022 Intel Guru Frank26 This is very important. The CBI said on Monday, 'We have started the process of lowing gradually the exchange rate of the Iraqi dinar against the American dollar.' You know what that is? Preparing to float. You know what that is also? ...it's a reinstatement process that allows them to reinstate their currency.
12-8-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-8-2022 Intel Guru MarkZ [via PDK] [Did Iraq pass its budget today?] I heard they did not…it would have delayed their legislation recess. So it looks like it won’t be passed until January. But, that does not mean they won't Rv. In fact it may be a better time to do it while parliament is not there. 2 ministers today said they could call an emergency session if the CBI did not move forward with a rate change.
12-8-2022 Newshound Guru Walkingstick [via Frank26] The CBI is having hot meetings with everyone, every three-letter agency you can think of along with every country...I have never seen meetings like these before. They're extremely hot. Extremely volatile...normally these meeting just go on to the next, to the next, to the next but every meeting is accomplishing something...
12-8-2022 Newshound Guru Sandy Ingram [Follow up to her 12-7-2022 exchange in Iraq post] Let me clarify...the need to travel for the revalue would only come if Iraq prints new money or goes digital with restrictions on the exchange. If Iraq prints new money they could do what Kuwait did and restrict where you can exchange the old currency, which we are holding, for the new currency.
12-8-2022 Intel Guru Frank26 Iraq will not be able to retrieve this important source of money [stolen and recovered funds] from the Paris Club Agreement for liquidity until they go public with at least a 1 to 1 rate...
12-8-2022 Intel Guru MarkZ [via PDK] [Member: latest update from a banker is he has no specific date he is confident we will be exchanging before Christmas.] That is what we are all hearing…we are being told that everything is great …things are moving and we should be exchanging well within the month of December.
12-8-2022 Newshound Guru Pimpy Article: "The dollar is approaching 151,000 dinars on the Baghdad Stock Exchange" It [the dinar rate] is going in the wrong direction. We need it to go in the other direction. Something is causing the Iraqi dinar to lose its value against the U.S. dollar...This obviously is a concern of the government. It is a concern of the banking industry.
12-8-2022 Newshound Guru Clare Article: "Iraq.. The dollar continues to exceed the threshold of 1,500 dinars" Quote: "The selling price of the dollar was 150,200 dinars per 100 dollars, while the buying price of the dollar was 150,100 dinars per 100 dollars."
12-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All they talk about is approving the budget and talking about a law. This law they're saying is of integrity and is of our sovereignty...they're talking about how all calculations on the budget have been changed and is ready. FRANK: Your report...screams a rate change very loudly with a strong echo ...if the budget has been calculated and ready to go it is because they have used the new exchange rate...
12-7-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-7-2022 Intel Guru MarkZ [via PDK] Why is this important? Because it is a pegged currency. And now suddenly it has changed. And on the same day they don’t allow the trading…I don’t think you will see an official announcement though until parliament recesses for the holiday season. I want to remind you that the CBI does not need parliament in session to change the value. This is one of the signs that we are unpegging and moving forward to see a substantial value change that we have been anticipating. I think we got that “tell” right on time today. I believe it has hit us. I can tell you that you would have a difficult time finding an Iraqi willing to give up their dinar right now...We appear to be close to the finish line… [post 2 of 2]
12-7-2022 Intel Guru MarkZ [via PDK] [ I see IQD is up 1458.0000. Is that good?] That means it slipped a little to the USD but the good news is it appears to have depegged from the USD which means now it can move. And it should start to move quickly in the other direction. Things are getting very interesting right now. ...The vast majority of all trade is done with cash. Not with debit and credit cards…. Today they suspended all trading back and forth between the US dollar and the IQD pairing…this is to prevent more sales…so we see a slight blip or decrease in the exchange rate today... [post 1 of 2....stay tuned]
12-7-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told us the U.S. Treasury says that our currency is off the high risk bank list and then he went on about how good the Iraq's banking sector has done with International instructions and guidelines and laws and rules. We've never seen this CBI and the US treasury talk like this... FRANK: The United States Treasury did everything they could to help the CBI have a new exchange rate...The U.S Treasury is making sure the CBI is linked up internationally with every bank in the world and not for a program rate...
12-7-2022 Newshound Guru Clare Article "Al-Maliki makes the approval of the oil and gas law conditional on this matter" THAT IS NOT NURI AL-MALIKI ..... IT IS A DIFFERENT GUY SAME LAST NAME
12-7-2022 Intel Guru MarkZ [via PDK] Not a nothing burger today…but not nearly the news I was hoping for overnight last night. “Budget Law absent from Iraqi Parliament for 30 days” This is playing out as we speak today. I am being told from some contacts on the ground that they are hoping to extend the parliamentary session through the 9th or 11th of December to get the budget squared away first. …but it is supposed to end tomorrow as parliament goes away for a 30 day recess. This is normal for the holidays.
12-7-2022 Newshound Guru Kaperoni ...This [auction] action by the CBI will not only help the citizens but it will help them with the IMF to meet compliance. Further liberalization also helps encourage investment in Iraq . The real reason why they're doing it though is to try to get the exchange rate back in line with the 2% spread limits the IMF has imposed. The current exchange rate in the market is around 1490 which is on the cusp of exceeding that limit making them out of compliance.
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The Prime Minister came out and says we're going to have foreign currency in our market. FRANK: Yes, because you're going international.
12-7-2022 Newshound Guru Sandy Ingram So what would they [Iraq] need to do in order to...increase the value of their currency? One thing they could do would be to create a new currency like Kuwait did and provide a window of time when people could exchange the old Iraqi dinars for the new currency or they could go digital. But where does either of these options leave us as investors? ...Get a valid passport...there are ways you and I will be able to fly into the Middle East..we need to prepare for this option now...
12-7-2022 Intel Guru MarkZ [via PDK] Pressure continues in Iraq as we see more and more local politicians join ranks. We now have well over 100 parliament members and leaders that are pushing for the CBI to make the decision and make it now…before the holidays. The push because of inflation and the market crunch in Iraq is to do it before the holiday season which is beginning within days over there. Yes it is in the hands of the CBI…parliament is really pushing them to release it before the holidays…and are willing to replace the leader or minister of the CBI in order to do it if that is what it takes…. It is a open conversation over there. I spoke with some contacts on the ground …and they are hearing this as well.
12-7-2022 Newshound Guru Pimpy I'm not saying it's not going to change come this budget, mostly likely it won't because the Central Bank said this is the rate it's going to be for the next 5 years. We are now 2 1/2 years into that 5 years. We'll wee what happens when this budget comes out...
12-7-2022 Intel Guru Frank26 The Paris Club agreement...paid off 80% of Iraq's debt to the world, then Iraq agreed to re-institute at a 1 to 1 rate at least...they're simply waiting, the Paris Club, for this announcement. The CBI says they want the rest of the money the Paris Club is holding. Iraq IMO tried to pull a fast one but the Paris Club said, nope! No recovered fund returned to you until you change your exchange rate in order to cover the rest of your debts.
12-7-2022 Newshound/Intel Guru Mnt Goat One could almost say the news is once again just all about the currency. The pressure builds for the CBI to act now. Over 100 of the parliamentary members claim they will not even attend parliament sessions to vote on the new budget unless this issue is addressed in the budget. ...These are exciting times and personally I can’t see the CBI holding back this reinstatement much longer….
12-7-2022 Intel Guru MarkZ [via PDK] [Are we anticipating the dinar rate change this week?] We are anticipating an announcement thereof and possibly a lower sucker rate. This is before the actual RV The sucker rate is to get many to give up, cash in at the lower rates and then go away.
12-7-2022 Intel Guru MarkZ [via PDK] Why is this important? Because it is a pegged currency. And now suddenly it has changed. And on the same day they don’t allow the trading…I don’t think you will see an official announcement though until parliament recesses for the holiday season. I want to remind you that the CBI does not need parliament in session to change the value. This is one of the signs that we are unpegging and moving forward to see a substantial value change that we have been anticipating. I think we got that “tell” right on time today. I believe it has hit us. I can tell you that you would have a difficult time finding an Iraqi willing to give up their dinar right now...We appear to be close to the finish line… [post 2 of 2]
12-7-2022 Intel Guru MarkZ [via PDK] [ I see IQD is up 1458.0000. Is that good?] That means it slipped a little to the USD but the good news is it appears to have depegged from the USD which means now it can move. And it should start to move quickly in the other direction. Things are getting very interesting right now. ...The vast majority of all trade is done with cash. Not with debit and credit cards…. Today they suspended all trading back and forth between the US dollar and the IQD pairing…this is to prevent more sales…so we see a slight blip or decrease in the exchange rate today... [post 1 of 2....stay tuned]
12-7-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told us the U.S. Treasury says that our currency is off the high risk bank list and then he went on about how good the Iraq's banking sector has done with International instructions and guidelines and laws and rules. We've never seen this CBI and the US treasury talk like this... FRANK: The United States Treasury did everything they could to help the CBI have a new exchange rate...The U.S Treasury is making sure the CBI is linked up internationally with every bank in the world and not for a program rate...
12-7-2022 Newshound Guru Clare Article "Al-Maliki makes the approval of the oil and gas law conditional on this matter" THAT IS NOT NURI AL-MALIKI ..... IT IS A DIFFERENT GUY SAME LAST NAME
12-7-2022 Intel Guru MarkZ [via PDK] Not a nothing burger today…but not nearly the news I was hoping for overnight last night. “Budget Law absent from Iraqi Parliament for 30 days” This is playing out as we speak today. I am being told from some contacts on the ground that they are hoping to extend the parliamentary session through the 9th or 11th of December to get the budget squared away first. …but it is supposed to end tomorrow as parliament goes away for a 30 day recess. This is normal for the holidays.
12-7-2022 Newshound Guru Kaperoni ...This [auction] action by the CBI will not only help the citizens but it will help them with the IMF to meet compliance. Further liberalization also helps encourage investment in Iraq . The real reason why they're doing it though is to try to get the exchange rate back in line with the 2% spread limits the IMF has imposed. The current exchange rate in the market is around 1490 which is on the cusp of exceeding that limit making them out of compliance.
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The Prime Minister came out and says we're going to have foreign currency in our market. FRANK: Yes, because you're going international.
12-7-2022 Newshound Guru Sandy Ingram So what would they [Iraq] need to do in order to...increase the value of their currency? One thing they could do would be to create a new currency like Kuwait did and provide a window of time when people could exchange the old Iraqi dinars for the new currency or they could go digital. But where does either of these options leave us as investors? ...Get a valid passport...there are ways you and I will be able to fly into the Middle East..we need to prepare for this option now...
12-7-2022 Intel Guru MarkZ [via PDK] Pressure continues in Iraq as we see more and more local politicians join ranks. We now have well over 100 parliament members and leaders that are pushing for the CBI to make the decision and make it now…before the holidays. The push because of inflation and the market crunch in Iraq is to do it before the holiday season which is beginning within days over there. Yes it is in the hands of the CBI…parliament is really pushing them to release it before the holidays…and are willing to replace the leader or minister of the CBI in order to do it if that is what it takes…. It is a open conversation over there. I spoke with some contacts on the ground …and they are hearing this as well.
12-7-2022 Newshound Guru Pimpy I'm not saying it's not going to change come this budget, mostly likely it won't because the Central Bank said this is the rate it's going to be for the next 5 years. We are now 2 1/2 years into that 5 years. We'll wee what happens when this budget comes out...
12-7-2022 Intel Guru Frank26 The Paris Club agreement...paid off 80% of Iraq's debt to the world, then Iraq agreed to re-institute at a 1 to 1 rate at least...they're simply waiting, the Paris Club, for this announcement. The CBI says they want the rest of the money the Paris Club is holding. Iraq IMO tried to pull a fast one but the Paris Club said, nope! No recovered fund returned to you until you change your exchange rate in order to cover the rest of your debts.
12-7-2022 Newshound/Intel Guru Mnt Goat One could almost say the news is once again just all about the currency. The pressure builds for the CBI to act now. Over 100 of the parliamentary members claim they will not even attend parliament sessions to vote on the new budget unless this issue is addressed in the budget. ...These are exciting times and personally I can’t see the CBI holding back this reinstatement much longer….
12-7-2022 Intel Guru MarkZ [via PDK] [Are we anticipating the dinar rate change this week?] We are anticipating an announcement thereof and possibly a lower sucker rate. This is before the actual RV The sucker rate is to get many to give up, cash in at the lower rates and then go away.
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12-6-2022 Newshound Guru Clare Article: "The Central Bank announces that its cash reserves have exceeded the $90 billion mark" Quote: "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation,"
12-6-2022 Intel Guru Frank26 A change in the exchange rate...you want to see that number [1460] get smaller and smaller as it gets closer to a 1 to 1 rate. This is a gradual reduction and ladies and gentlemen they're telling you in the article that this has started today...
12-6-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-6-2022 Intel Guru MarkZ [via PDK] I hear the most likely scenario continues to be the full revaluation or reinstatement, but they will continue to throw the other lower rates out there to keep us guessing…it is part of the game. We saw this in Kuwait as well before they revalued…also in China. This has happened throughout history. It is very exciting for me to see us this close to the finish line. [post 2 of 2]
12-6-2022 Intel Guru MarkZ [via PDK] ...There are a number of politicians discussing where they should go on the rate. I also have a finance ministry contact mention that a higher NEER rate was tossed about today in some of their circles. In other words instead of going with the rate of 1162 and floating…it would start exponentially higher at the NEER rate of $1.60. They are also going back and forth with the pre-Sadaam Hussein rate of about $3.22. We don’t yet know what they will do. [post 1 of 2....stay tuned]
12-6-2022 Newshound Guru Militia Man Article: "Baghdad & Kurdistan Region at the table of Constitutional Entitlements" The looks of things here are seriously on fire. They talk about budget and in detail, they went over the file with respect to key points that needed clarifications or reorganization, etc...IMO... Timing is ablaze with urgency..
12-6-2022 Newshound Guru Kaperoni ...The Central Bank announced they're going to liberalize the foreign exchange. Meaning they're going to spend more dollars in the auction. This of course has impact on the dinar exchange rate... the reality is all they're going to do is put it closer back to the rate it was a year ago around 1170 to $1...
12-6-2022 Intel Guru Frank26 Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" ARTICLE 140 = HCL, HCL = ARTICLE 8, ARTICLE 8 = THE BUDGET = THE MONETARY REFORM = A COMPLETED & SEATED GOV OF IRAQ... THE FOUNDATION OF THE MONETARY REFORM
12-6-2022 Intel Guru MarkZ [via PDK] As for the rumors - I have received a number of reach outs this morning…about a thousand or ten times improvement in Iraqi currency rates. They are saying this is the talk on the street that this is the starting point. I still think they will all go at once, but am prepared if Iraq does go slower. It looks like the overwhelming majority of people that hold it are going to make somewhere around 4 times or 10 times on their investment already. This is huge but not yet what we are looking for. They still want to restore their old rate pre-Kuwaiti invasion rate. ($3.22?) [NOTE: As of now the official CBI rate has not changed. You can always see the official CBI rate in the left column of this page.]
12-6-2022 Guru Nader From The Mid East They [the CBI] didn't say how much. They [the CBI] just said to the old numbers and then it's gonna go down gradually...that's good news. I'm happy about that. It will help me out a lot actually if it goes down to 1160. There's a new decision has been made...from here to maybe next week or the week later you're gonna see changes. Maybe this week we don't know. So get ready for it.
12-6-2022 Newshound Guru Pimpy There is a lot of talk once again about the change in the exchange rate. I think some people are misinterpreting what they're reading... Article: "Government official: Dollar exchange rate will fall and its impact in a week" ...they're talking about controlling the actual market itself...they are going to do what they can to make sure they maintain a specific rate...Be careful with all the rumors...talking about the exchange rate going to happen. You got to hear directly from the Central Bank and no one else.
12-6-2022 Intel Guru Frank26 The Paris committee told them recently (a few days ago) that Iraq you have to honor our agreement...you have to change your exchange rate in the positive because the Paris Club is still holding some of Iraq's stolen funds...Remember 80% of Iraq's debt has been paid off through the Paris Accord Agreement...In order for Iraq to finish retrieving their stolen funds...they need to comply and change their exchange rate and go international.
12-6-2022 Intel Guru MarkZ [via PDK] The latest rates we heard were as high as $4.80 - $4.81 as a street rate…higher for those in the oil for Dinar program. Consider this all a rumor. Nobody knows until we get there…I am being pressured to stop talking rates…so will do that soon. That day is coming and coming quickly. But for now…still hearing about $2-$2.25 for the Vietnamese dong…bankers still think I am a dollar or two low…I hope they are right and I am wrong.
12-6-2022 Newshound Guru Clare Article: "The Central Bank announces that its cash reserves have exceeded the $90 billion mark" Quote: "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation,"
12-6-2022 Intel Guru Frank26 A change in the exchange rate...you want to see that number [1460] get smaller and smaller as it gets closer to a 1 to 1 rate. This is a gradual reduction and ladies and gentlemen they're telling you in the article that this has started today...
12-6-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-6-2022 Intel Guru MarkZ [via PDK] I hear the most likely scenario continues to be the full revaluation or reinstatement, but they will continue to throw the other lower rates out there to keep us guessing…it is part of the game. We saw this in Kuwait as well before they revalued…also in China. This has happened throughout history. It is very exciting for me to see us this close to the finish line. [post 2 of 2]
12-6-2022 Intel Guru MarkZ [via PDK] ...There are a number of politicians discussing where they should go on the rate. I also have a finance ministry contact mention that a higher NEER rate was tossed about today in some of their circles. In other words instead of going with the rate of 1162 and floating…it would start exponentially higher at the NEER rate of $1.60. They are also going back and forth with the pre-Sadaam Hussein rate of about $3.22. We don’t yet know what they will do. [post 1 of 2....stay tuned]
12-6-2022 Newshound Guru Militia Man Article: "Baghdad & Kurdistan Region at the table of Constitutional Entitlements" The looks of things here are seriously on fire. They talk about budget and in detail, they went over the file with respect to key points that needed clarifications or reorganization, etc...IMO... Timing is ablaze with urgency..
12-6-2022 Newshound Guru Kaperoni ...The Central Bank announced they're going to liberalize the foreign exchange. Meaning they're going to spend more dollars in the auction. This of course has impact on the dinar exchange rate... the reality is all they're going to do is put it closer back to the rate it was a year ago around 1170 to $1...
12-6-2022 Intel Guru Frank26 Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" ARTICLE 140 = HCL, HCL = ARTICLE 8, ARTICLE 8 = THE BUDGET = THE MONETARY REFORM = A COMPLETED & SEATED GOV OF IRAQ... THE FOUNDATION OF THE MONETARY REFORM
12-6-2022 Intel Guru MarkZ [via PDK] As for the rumors - I have received a number of reach outs this morning…about a thousand or ten times improvement in Iraqi currency rates. They are saying this is the talk on the street that this is the starting point. I still think they will all go at once, but am prepared if Iraq does go slower. It looks like the overwhelming majority of people that hold it are going to make somewhere around 4 times or 10 times on their investment already. This is huge but not yet what we are looking for. They still want to restore their old rate pre-Kuwaiti invasion rate. ($3.22?) [NOTE: As of now the official CBI rate has not changed. You can always see the official CBI rate in the left column of this page.]
12-6-2022 Guru Nader From The Mid East They [the CBI] didn't say how much. They [the CBI] just said to the old numbers and then it's gonna go down gradually...that's good news. I'm happy about that. It will help me out a lot actually if it goes down to 1160. There's a new decision has been made...from here to maybe next week or the week later you're gonna see changes. Maybe this week we don't know. So get ready for it.
12-6-2022 Newshound Guru Pimpy There is a lot of talk once again about the change in the exchange rate. I think some people are misinterpreting what they're reading... Article: "Government official: Dollar exchange rate will fall and its impact in a week" ...they're talking about controlling the actual market itself...they are going to do what they can to make sure they maintain a specific rate...Be careful with all the rumors...talking about the exchange rate going to happen. You got to hear directly from the Central Bank and no one else.
12-6-2022 Intel Guru Frank26 The Paris committee told them recently (a few days ago) that Iraq you have to honor our agreement...you have to change your exchange rate in the positive because the Paris Club is still holding some of Iraq's stolen funds...Remember 80% of Iraq's debt has been paid off through the Paris Accord Agreement...In order for Iraq to finish retrieving their stolen funds...they need to comply and change their exchange rate and go international.
12-6-2022 Intel Guru MarkZ [via PDK] The latest rates we heard were as high as $4.80 - $4.81 as a street rate…higher for those in the oil for Dinar program. Consider this all a rumor. Nobody knows until we get there…I am being pressured to stop talking rates…so will do that soon. That day is coming and coming quickly. But for now…still hearing about $2-$2.25 for the Vietnamese dong…bankers still think I am a dollar or two low…I hope they are right and I am wrong.
12-5-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-5-2022 Newshound Guru Pimpy When it comes to this new government in Iraq it is moving quickly and I mean very quickly. Not just locally but internationally...
12-5-2022 Intel Guru MarkZ [via PDK] The big talk today was “What is that rate going to be?” We do not know 100% for certain. All we know is it’s about to change. [I think it will start as a trickle and turn into a flood!] I agree that this trickle will soon turn into a flood. ...we have not seen any change in rates…yet...I am still being told to expect the contract rate and a full RV.
12-5-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If it floats is it going to go up really fast? And when is the best time for us to go in and exchange? FRANK: As far as when you exchange...that is a personal decision. You have to make that decision. At what rate you feel is good enough for you. 1 to 1, 1 to 2, 1 to 3 etc. You've got to know when to hold'm and know when to exchange'em.
12-5-2022 Newshound Guru tlm724 Article: "Association Of Banks: Central Bank Measures Will Return Dollar Prices To Their Rates Quickly" Quote: "those who criticize the central bank must be aware that its measures announced yesterday by increasing the supply of dollars through its approved outlets and banks will inevitably lead to the return of the price to its target rates inevitably and quickly."
12-5-2022 Intel Guru MarkZ [via PDK] I am being told it is looking to start the float around 1160+ …and the rate will be looked at each day. This is massive progress coming out of Iraq. This makes sense as to whats best for the Iraqi people. This is a slow grind to the top and I am told it will not affect our contract rate as it is based on the “Oil for Dinar” contracts. So even if the rate takes awhile to get to where we want it…it has now started. They have now announced that it has started. There is no more “Waiting for this to go”...Expect the float to go fast. I am very excited about the news out of Iraq. [So its possible we could go to the banks this week?] it could be. We will have to wait and see. If the float rate kicks in Tues or Wed…we could see that rate start to run…very quickly.
12-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: It is no secret to any Iraqi citizen at all. Any Iraqi citizen can come into our banks in Iraq or when we open our private banks and they will be able to see the training of the tellers...they see the new counting and sorting machines we have on our counters. They know they are not for the dinar they are using right now. It is for a currency that is new...they know the new ATM machines inside our banks and in the streets are still offline. It is not secret.
12-5-2022 Newshound Guru Clare Article: "Government official: The exchange rate of the dollar will decrease and its impact will be after a week" Quote: "A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week.
12-5-2022 Intel Guru MarkZ [via PDK] ...I think its economic brilliance coming out of Iraq. From Iraq: …we have a rate. We do not have a fixed rate…we literally have a floating rate now. And based on the market at the end of each day now...A measured approach so they can soak yet more dinar off the streets before their bigger revaluation. I am very excited about it. They are going to allow the market to set the rate each day…This is enormous news. You should be like jumping out of your boots over this one.
12-5-2022 Newshound Guru Kaperoni This step by the central bank today will help perpetuate investment and develop their economy. It is a first step of many. Liberalizing the foreign exchange and access to dollars should also have an affect on the dinar exchange rate. Though they are not talking about an RV they are talking about using the liberalization to raise the value back to what it was a year or so ago around 1170 to $1. [Post 2 of 2]
12-5-2022 Newshound Guru Kaperoni The Prime Minister of Iraq met with the central bank governor...He was instructed to take steps to improve the banking system. The governor was directed to further liberalize foreign exchange. The benefit of such a move helps Iraq integrate with the global banking system, increase investment and encourage financial integration...this should put Iraq in a position to accept IMF Article XIII... [Post 1 of 2....stay tuned]
12-5-2022 Newshound Guru Militia Man Article: "In the document. The central bank decides to increase the weekly share of dollar sales" Are they about to make a big move?
12-5-2022 Intel Guru Frank26 Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" THE CBI SAID THERE WILL BE GRADUAL DECREASES TO THE DOLLAR EXCHANGE RATE.
12-5-2022 Newshound Guru Clare Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" Quote: "The Central Bank of Iraq decided, on Sunday, to increase the weekly sales of the US dollar in the currency auction, in an attempt to restore the exchange rate to its previous state."
12-5-2022 Guest Newshound Guru CandyKisses Article: "Parliamentary: Discussions and Dialogues to Review the Dollar Exchange Rate" Quote: "MP Najwa Hamid confirmed the House's move towards reconsidering the dollar exchange rate. Hamid told Mawazine News that "there are discussions and dialogues between members of the House of Representatives, and the Finance Committee specifically to reconsider the dollar exchange rate, and we believe that an appropriate price will be maintained."
12-5-2022 Guru Nader From The Mid East The decision this morning has been made to change the exchange rate. They actually said to the old one...we don' know if it's the 1160...then they said it's gonna go down slowly...the decision is made...maybe a couple weeks maximum you're gonna see some changes. So get ready for it.
12-5-2022 Intel Guru MarkZ [via PDK] ... Warren Buffet put millions into the Iraqi Dinar. Many of the greatest financial minds have invested in the Iraqi dinar. The revaluation is a “when” not an “if”. You can doubt the timing…but, do not doubt it will be very lucrative at some point.
12-5-2022 Newshound Guru Pimpy When it comes to this new government in Iraq it is moving quickly and I mean very quickly. Not just locally but internationally...
12-5-2022 Intel Guru MarkZ [via PDK] The big talk today was “What is that rate going to be?” We do not know 100% for certain. All we know is it’s about to change. [I think it will start as a trickle and turn into a flood!] I agree that this trickle will soon turn into a flood. ...we have not seen any change in rates…yet...I am still being told to expect the contract rate and a full RV.
12-5-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If it floats is it going to go up really fast? And when is the best time for us to go in and exchange? FRANK: As far as when you exchange...that is a personal decision. You have to make that decision. At what rate you feel is good enough for you. 1 to 1, 1 to 2, 1 to 3 etc. You've got to know when to hold'm and know when to exchange'em.
12-5-2022 Newshound Guru tlm724 Article: "Association Of Banks: Central Bank Measures Will Return Dollar Prices To Their Rates Quickly" Quote: "those who criticize the central bank must be aware that its measures announced yesterday by increasing the supply of dollars through its approved outlets and banks will inevitably lead to the return of the price to its target rates inevitably and quickly."
12-5-2022 Intel Guru MarkZ [via PDK] I am being told it is looking to start the float around 1160+ …and the rate will be looked at each day. This is massive progress coming out of Iraq. This makes sense as to whats best for the Iraqi people. This is a slow grind to the top and I am told it will not affect our contract rate as it is based on the “Oil for Dinar” contracts. So even if the rate takes awhile to get to where we want it…it has now started. They have now announced that it has started. There is no more “Waiting for this to go”...Expect the float to go fast. I am very excited about the news out of Iraq. [So its possible we could go to the banks this week?] it could be. We will have to wait and see. If the float rate kicks in Tues or Wed…we could see that rate start to run…very quickly.
12-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: It is no secret to any Iraqi citizen at all. Any Iraqi citizen can come into our banks in Iraq or when we open our private banks and they will be able to see the training of the tellers...they see the new counting and sorting machines we have on our counters. They know they are not for the dinar they are using right now. It is for a currency that is new...they know the new ATM machines inside our banks and in the streets are still offline. It is not secret.
12-5-2022 Newshound Guru Clare Article: "Government official: The exchange rate of the dollar will decrease and its impact will be after a week" Quote: "A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week.
12-5-2022 Intel Guru MarkZ [via PDK] ...I think its economic brilliance coming out of Iraq. From Iraq: …we have a rate. We do not have a fixed rate…we literally have a floating rate now. And based on the market at the end of each day now...A measured approach so they can soak yet more dinar off the streets before their bigger revaluation. I am very excited about it. They are going to allow the market to set the rate each day…This is enormous news. You should be like jumping out of your boots over this one.
12-5-2022 Newshound Guru Kaperoni This step by the central bank today will help perpetuate investment and develop their economy. It is a first step of many. Liberalizing the foreign exchange and access to dollars should also have an affect on the dinar exchange rate. Though they are not talking about an RV they are talking about using the liberalization to raise the value back to what it was a year or so ago around 1170 to $1. [Post 2 of 2]
12-5-2022 Newshound Guru Kaperoni The Prime Minister of Iraq met with the central bank governor...He was instructed to take steps to improve the banking system. The governor was directed to further liberalize foreign exchange. The benefit of such a move helps Iraq integrate with the global banking system, increase investment and encourage financial integration...this should put Iraq in a position to accept IMF Article XIII... [Post 1 of 2....stay tuned]
12-5-2022 Newshound Guru Militia Man Article: "In the document. The central bank decides to increase the weekly share of dollar sales" Are they about to make a big move?
12-5-2022 Intel Guru Frank26 Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" THE CBI SAID THERE WILL BE GRADUAL DECREASES TO THE DOLLAR EXCHANGE RATE.
12-5-2022 Newshound Guru Clare Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" Quote: "The Central Bank of Iraq decided, on Sunday, to increase the weekly sales of the US dollar in the currency auction, in an attempt to restore the exchange rate to its previous state."
12-5-2022 Guest Newshound Guru CandyKisses Article: "Parliamentary: Discussions and Dialogues to Review the Dollar Exchange Rate" Quote: "MP Najwa Hamid confirmed the House's move towards reconsidering the dollar exchange rate. Hamid told Mawazine News that "there are discussions and dialogues between members of the House of Representatives, and the Finance Committee specifically to reconsider the dollar exchange rate, and we believe that an appropriate price will be maintained."
12-5-2022 Guru Nader From The Mid East The decision this morning has been made to change the exchange rate. They actually said to the old one...we don' know if it's the 1160...then they said it's gonna go down slowly...the decision is made...maybe a couple weeks maximum you're gonna see some changes. So get ready for it.
12-5-2022 Intel Guru MarkZ [via PDK] ... Warren Buffet put millions into the Iraqi Dinar. Many of the greatest financial minds have invested in the Iraqi dinar. The revaluation is a “when” not an “if”. You can doubt the timing…but, do not doubt it will be very lucrative at some point.
12-3-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
12-3-2022 Newshound Guru Clare Article "The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class" Quote "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars...He expected, The 20,000 dinars coin will be offered at the end of next year 2023."
12-3-2022 Intel Guru MarkZ [via PDK] [Is NEER (Nominal Effective Exchange Rate) rate possible $1.60…or full RV? ($3+) ] The Neer rate is always possible…But, I am looking for the full RV or a reinstatement rate...The reinstatement rate would be around $3.20 something...unless they factor in inflation would make it considerably higher...
12-3-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-3-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: All the main banks in Iraq are saying they are keeping up with modern technology and...lined up with International standards and acceptance proceedings. FRANK: Holy cow!
12-3-2022 Newshound Guru Pimpy The Iraqi dinar at the time was worth $3.22...Kuwait dinar...$3.45...internationally the currencies were not usable. Central banks refused to acknowledge the currency and therefore it had no value. The U.S. liberated Kuwait February 28, 1991 and shortly after Kuwait redenominated their currency. So it's not so much the currency was revalued as much as it was re-denominated, which is different...I'm anticipating [Iraq] is going to do the same thing Kuwait did...you'll be able to exchange your old dinars for the new dinars and they'll just reinstate the rate. [Post 2 of 2]
12-3-2022 Newshound Guru Pimpy What happened between Kuwait and Iraq? August 2, 1990 Iraq invaded Kuwait. They occupied the country around October of 1990. Saddam Hussein told the people in Kuwait they had until October 3rd to exchange their Kuwaiti dinars for the Iraqi dinars. After that the Kuwait dinars wouldn't have any value...Both currencies immediately were devalued. Kuwait's dinar was devalued to protect it from being stolen and sold on the black market. Iraqi dinars were devalued because of the invasion. [Post 1 of 2....stay tuned]
12-3-2022 Intel Guru Frank26 Notice how they constantly talk about the exchange rate. I don't care if they deny it or once again repeat it. None of this is important...The most important thing is that they are talking about it and doing it. That is a pattern not to be ignored. Like I told you 2 weeks ago the CBI would be talking a lot from now on and they are aren't they...
12-3-2022 Intel Guru MarkZ [via PDK] Great news out of the sandbox... The Iraqi cabinet is nearly completely sat now. 2 key seatings have just occurred. It appears the entire cabinet will be done before the sun sets today...Now we just need "the" news we are looking for... There is a lot of speculation out there that we should then see our RV within a few days of the completion of this cabinet. At least that is the chatter. I do believe the CBI had been waiting to make sure the government of Iraq has their ducks in a row before they change that rate. The CBI is firmly in charge of changing the rate in Iraq. So to me the news is pretty exciting coming out of Iraq. We are seeing it all come together.
12-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] Iraqi BANK FRIEND: When they announce the government of Iraq is finally seated the new budget will be introduced to parliament...The budget is a number of laws within a law. It is at that time that they will expose the laws. These laws will be read upon the receiving the budget to parliament. The reading of the budget laws by line item...will reveal the exchange rate.
12-3-2022 Newshound Guru Clare Article "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Quote "the Media Department of the House of Representatives stated that an absolute majority voted to grant confidence to the two ministers, and thus the ministerial cabinet of the current federal government headed by Prime Minister Mohamed Shia Al-Sudani has been completed."
12-3-2022 Guest Newshound Guru UncleVersi Article "In the document Al-Sudani presents candidates for the presidency of the House of Representatives for the two vacant ministries in his government" Quote "The Presidency of the Council decided to vote on the candidates in a session on Saturday."
12-3-2022 Intel Guru Bruce [via WiserNow] ...it appears that those of us in tier four B will receive our notifications - at this point - It looks more like overnight Sunday into Monday morning - set an appointment on Monday or changes to start on Tuesday...Now that's where it is right now...Looking very good at this point. ...Let's see what happens - might not be anything until Monday. But you never know they could surprise us and bring something Saturday.
12-3-2022 Newshound Guru Clare Article "The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class" Quote "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars...He expected, The 20,000 dinars coin will be offered at the end of next year 2023."
12-3-2022 Intel Guru MarkZ [via PDK] [Is NEER (Nominal Effective Exchange Rate) rate possible $1.60…or full RV? ($3+) ] The Neer rate is always possible…But, I am looking for the full RV or a reinstatement rate...The reinstatement rate would be around $3.20 something...unless they factor in inflation would make it considerably higher...
12-3-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-3-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: All the main banks in Iraq are saying they are keeping up with modern technology and...lined up with International standards and acceptance proceedings. FRANK: Holy cow!
12-3-2022 Newshound Guru Pimpy The Iraqi dinar at the time was worth $3.22...Kuwait dinar...$3.45...internationally the currencies were not usable. Central banks refused to acknowledge the currency and therefore it had no value. The U.S. liberated Kuwait February 28, 1991 and shortly after Kuwait redenominated their currency. So it's not so much the currency was revalued as much as it was re-denominated, which is different...I'm anticipating [Iraq] is going to do the same thing Kuwait did...you'll be able to exchange your old dinars for the new dinars and they'll just reinstate the rate. [Post 2 of 2]
12-3-2022 Newshound Guru Pimpy What happened between Kuwait and Iraq? August 2, 1990 Iraq invaded Kuwait. They occupied the country around October of 1990. Saddam Hussein told the people in Kuwait they had until October 3rd to exchange their Kuwaiti dinars for the Iraqi dinars. After that the Kuwait dinars wouldn't have any value...Both currencies immediately were devalued. Kuwait's dinar was devalued to protect it from being stolen and sold on the black market. Iraqi dinars were devalued because of the invasion. [Post 1 of 2....stay tuned]
12-3-2022 Intel Guru Frank26 Notice how they constantly talk about the exchange rate. I don't care if they deny it or once again repeat it. None of this is important...The most important thing is that they are talking about it and doing it. That is a pattern not to be ignored. Like I told you 2 weeks ago the CBI would be talking a lot from now on and they are aren't they...
12-3-2022 Intel Guru MarkZ [via PDK] Great news out of the sandbox... The Iraqi cabinet is nearly completely sat now. 2 key seatings have just occurred. It appears the entire cabinet will be done before the sun sets today...Now we just need "the" news we are looking for... There is a lot of speculation out there that we should then see our RV within a few days of the completion of this cabinet. At least that is the chatter. I do believe the CBI had been waiting to make sure the government of Iraq has their ducks in a row before they change that rate. The CBI is firmly in charge of changing the rate in Iraq. So to me the news is pretty exciting coming out of Iraq. We are seeing it all come together.
12-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] Iraqi BANK FRIEND: When they announce the government of Iraq is finally seated the new budget will be introduced to parliament...The budget is a number of laws within a law. It is at that time that they will expose the laws. These laws will be read upon the receiving the budget to parliament. The reading of the budget laws by line item...will reveal the exchange rate.
12-3-2022 Newshound Guru Clare Article "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Quote "the Media Department of the House of Representatives stated that an absolute majority voted to grant confidence to the two ministers, and thus the ministerial cabinet of the current federal government headed by Prime Minister Mohamed Shia Al-Sudani has been completed."
12-3-2022 Guest Newshound Guru UncleVersi Article "In the document Al-Sudani presents candidates for the presidency of the House of Representatives for the two vacant ministries in his government" Quote "The Presidency of the Council decided to vote on the candidates in a session on Saturday."
12-3-2022 Intel Guru Bruce [via WiserNow] ...it appears that those of us in tier four B will receive our notifications - at this point - It looks more like overnight Sunday into Monday morning - set an appointment on Monday or changes to start on Tuesday...Now that's where it is right now...Looking very good at this point. ...Let's see what happens - might not be anything until Monday. But you never know they could surprise us and bring something Saturday.
12-4-2022 *** Dinar Guru News Flash *** Early reports indicate the Iraqi parliament has vote for the final 2 Minister seats. This would mean Prime Minister Sudani's goverment is complete and has the confidence of parlimanent. Many gurus have been looking for this to signal a 'stable Iraqi government'. Stay tuned as the gurus chime in on it's impact on the Iraqi dinar and it's prospects to increase in value... The latest guru posts will continue below...
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12-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The TV is talking all the gold they now have. They're tying it in with the Monetary Reform. FRANK: Yes, they have told you in the past that you have a tremendous amount of gold to back up your reserves for your currency but you also have so much untapped reserve potential in the ground...Iraq is extremely rich...you will become a Mecca in the east.
12-4-2022 Newshound Guru Pimpy There's some interesting developments involving the exchange rate. I was impressed when Al-Kazemi was prime minister but I'm super impressed so far by the speed in which Al-Sudani is moving...
12-4-2022 Newshound Guru Kaperoni People always wonder why Iraq can't significantly RV the Iraqi dinar and often compare it to other Middle East countries. The difference is Iraq has over 83 trillion dinar in circulation compared to between 40 to 80 billion dinar and many other Arab states.
12-4-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-4-2022 Newshound Guru Sandy Ingram What I want you to focus on is the Central Bank of Iraq collects Iraqi dinars left and right every day in the auctions. Never ever forget this fact. What is the CBI doing with all the Iraqi dinars? ...the Iraqi [central] bank is collecting millions of Iraq dinar daily...they are making their money scarce. [Post 2 of 2]
12-4-2022 Newshound Guru Sandy Ingram The money auctions that happen in Iraq daily...Iraq has an account with the Federal Reserve Bank in New York which draws down money on Iraq's oil reserves. Pallets of hundred dollar bills are flown into Baghdad where the Central Bank of Iraq takes possession...The CBI then sells these dollars in daily auctions to Iraqi Bank and money transferring firms in exchange for Iraqi dinars. [Post 1 of 2....stay tuned]
12-4-2022 Intel Guru Frank26 They're gonna have a 1, 5, 10, 20, 50 and a 100. How are they going to get those? Well the 5,000 they lift the 3-zeros and it's a 5. The 10,000 they lift the 3-zeros and it's a ten...they're printing a 20,000 note...remove the 3-zeros we go the 20. They're well prepared. They have things well calculated.
12-4-2022 Intel Guru MarkZ [via PDK] [Remember when we thought the Dinar was going to be .86 and the Dong .05? We were so excited then!!!] I still believe the dong will come out at the $2 - $2.25 range. Contacts say it may be closer to $3.50 or so…but I still expect $2 - $2.25.
12-4-2022 Newshound Guru Militia Man Article: "A deputy reveals the developments of the budget and calls for it to be sent before this day" Quote: "revealed the latest developments in approving the general budget, calling on the government to send it to the House of Representatives before the sixth day of this month...If the government succeeds in sending the general budget to the House of Representatives, the latter will continue to hold sessions until it is approved without going to the legislative recess." There are no coincidences to the on goings. The are pointing to a key date. 12/06/2022.
12-4-2022 Newshound Guru Samson Article: "The House of Representatives adjourns its session to next Monday" CABINET is SEATED...
12-4-2022 Newshound/Intel Guru RVAlready Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Now, we just need a surprise announcement from the CBI.
12-4-2022 Newshound/Intel Guru Mnt Goat Welcome to the month of December! This is a very critical month for us investors in the IQD for if we are going to see any action by the CBI to reinstate the dinar anytime in January 2023. We must begin to hear news from them over the change out of the paper currency in circulation to the lower denominations to accommodate the new rate which they call the “project to delete the zeros”, which we all hope will be finally out of the program rate and to a much higher once on FOREX. Yes, a rate reflecting the true VALUE of the IQD, a rate we are all looking for.
12-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The TV is talking all the gold they now have. They're tying it in with the Monetary Reform. FRANK: Yes, they have told you in the past that you have a tremendous amount of gold to back up your reserves for your currency but you also have so much untapped reserve potential in the ground...Iraq is extremely rich...you will become a Mecca in the east.
12-4-2022 Newshound Guru Pimpy There's some interesting developments involving the exchange rate. I was impressed when Al-Kazemi was prime minister but I'm super impressed so far by the speed in which Al-Sudani is moving...
12-4-2022 Newshound Guru Kaperoni People always wonder why Iraq can't significantly RV the Iraqi dinar and often compare it to other Middle East countries. The difference is Iraq has over 83 trillion dinar in circulation compared to between 40 to 80 billion dinar and many other Arab states.
12-4-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-4-2022 Newshound Guru Sandy Ingram What I want you to focus on is the Central Bank of Iraq collects Iraqi dinars left and right every day in the auctions. Never ever forget this fact. What is the CBI doing with all the Iraqi dinars? ...the Iraqi [central] bank is collecting millions of Iraq dinar daily...they are making their money scarce. [Post 2 of 2]
12-4-2022 Newshound Guru Sandy Ingram The money auctions that happen in Iraq daily...Iraq has an account with the Federal Reserve Bank in New York which draws down money on Iraq's oil reserves. Pallets of hundred dollar bills are flown into Baghdad where the Central Bank of Iraq takes possession...The CBI then sells these dollars in daily auctions to Iraqi Bank and money transferring firms in exchange for Iraqi dinars. [Post 1 of 2....stay tuned]
12-4-2022 Intel Guru Frank26 They're gonna have a 1, 5, 10, 20, 50 and a 100. How are they going to get those? Well the 5,000 they lift the 3-zeros and it's a 5. The 10,000 they lift the 3-zeros and it's a ten...they're printing a 20,000 note...remove the 3-zeros we go the 20. They're well prepared. They have things well calculated.
12-4-2022 Intel Guru MarkZ [via PDK] [Remember when we thought the Dinar was going to be .86 and the Dong .05? We were so excited then!!!] I still believe the dong will come out at the $2 - $2.25 range. Contacts say it may be closer to $3.50 or so…but I still expect $2 - $2.25.
12-4-2022 Newshound Guru Militia Man Article: "A deputy reveals the developments of the budget and calls for it to be sent before this day" Quote: "revealed the latest developments in approving the general budget, calling on the government to send it to the House of Representatives before the sixth day of this month...If the government succeeds in sending the general budget to the House of Representatives, the latter will continue to hold sessions until it is approved without going to the legislative recess." There are no coincidences to the on goings. The are pointing to a key date. 12/06/2022.
12-4-2022 Newshound Guru Samson Article: "The House of Representatives adjourns its session to next Monday" CABINET is SEATED...
12-4-2022 Newshound/Intel Guru RVAlready Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Now, we just need a surprise announcement from the CBI.
12-4-2022 Newshound/Intel Guru Mnt Goat Welcome to the month of December! This is a very critical month for us investors in the IQD for if we are going to see any action by the CBI to reinstate the dinar anytime in January 2023. We must begin to hear news from them over the change out of the paper currency in circulation to the lower denominations to accommodate the new rate which they call the “project to delete the zeros”, which we all hope will be finally out of the program rate and to a much higher once on FOREX. Yes, a rate reflecting the true VALUE of the IQD, a rate we are all looking for.
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12-2-2022 Intel Guru Frank26 Article: "Al-Salhi Announces The Date Of Raising The Budget To The House Of Representatives And Voting On It" THEY SAY BUDGET BY TUESDAY... MISSED THE 5TH BY 1 DAY.
12-2-2022 Newshound Guru Kaperoni Parliament will complete the cabinet this weekend and then they can RV the dinar. Not going to happen. Not how monetary policy works.
12-2-2022 Intel Guru Bruce [via WiserNow] I told you guys I wasn't calling it Tuesday - but...in my spirit – in my heart I really thought we were done - that was it...Now, certain things have happened ...We have almost 1300 Bankers listed in less than 20 - 29 hours in Canada - the US - Iran – Iraq - and Afghanistan...arrested - probably needed to be done. Probably needed that to happen - before we went...and there may be more things that need to happen - that still haven't happened...
12-2-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-2-2022 Newshound Guru Pimpy Every time I read the news...it's not like I'm standing around clapping, going 'oh, good I gotta wait even longer to see any kind of real change in the exchange rate.'...it's to the point now where I cannot picture them [Iraq] moving forward with the same currency knowing that there's that much out there in the hands of some corrupt people. Maybe the international community won't care. I doubt it...Most likely what's going to happen is they're going to have to issue new currencies making the stolen currency obsolete...
12-2-2022 Intel Guru Frank26 Article: "Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet)". A GOVERNMENT BY NEXT SATURDAY... THEN THE BUDGET AND ALL THE LINE ITEMS REVEALED.
12-2-2022 Newshound Guru Militia Man ...We saw meetings with the International Monetary Fund (IMF), Central Bank of Iraq (CBI). Finance Ministry of Iraq (FM), Federal Audit Bureau (FAB), etc...They have the 2003 Budget in the news today too...That meeting with the IMF had auditors at the Federal level... Then we see them talk today about the budget draft to be voted on in the late hours prior to 12/08/022 with the Parliament...the data necessary for a rate change is likely upon us sooner than later.
12-2-2022 Intel Guru MarkZ [via PDK] its exceptionally quiet right now on the RV front…even out of Iraq…There is nothing negative. Everyone is still very upbeat...It could be at anytime…we do not know the timing…
12-2-2022 Guest Guru BeeDeeDub [Follow up #2 to Guru Frank26 Wells Fargo Bank post 11-30-2022 below]. I just called the Wells Fargo foreign exchange Thursday, December 1, 2022 at 11:27AM EST. When I called last night, I called (apparently) after business hours at 7:45PM EST...I asked if I had the Foreign Exchange people, and she said "Yes". I told her I had some foreign currency which I might like to exchange for U.S. Dollars. She asked which currency, and I told her the Iraqi Dinar. She explicitly stated "No, I'm sorry, we don't handle the Iraqi dinar. We do not exchange that particular currency." So there you have it. I got the exact same message from a LIVE PERSON as I had received last night from a recorded message.
12-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January. He's saying it's just his opinion. FRANK: Yes the budget draft law will open the reforms...
12-2-2022 Newshound Guru Clare Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" Quote: "It is noteworthy that Iraq has - so far - 7 categories of local currency issued by the Central Bank of Iraq, which are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10000 dinars, 25000 dinars, and 50000 dinars"
12-2-2022 Intel Guru MarkZ [via PDK] “The Kurdistan region proves its share of next years budget. How much?” 14 % of the budget is going to Kurdistan. This is huge. This is the first time since we have been watching this that they have agreed to HCL/140 . We were told this was key before they announced the rate according to my contacts over there. CBI have been waiting for this I was told...In print they have agreed to the oil and gas law. All money will get shared as it is supposed to get shared.
12-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] All the private banks and the CBI are meeting right now...the #1 thing we are discussing...is the money laundering. Most of this has been dealt with...we are constantly talking about the new small category notes - Where to store them. How to issue them...and we are in conversation about the exchange rate we are about to release. Also, we meet with the CBI to talk about the international float...the currency exchange process...
12-2-2022 Intel Guru Frank26 Article: "Al-Salhi Announces The Date Of Raising The Budget To The House Of Representatives And Voting On It" THEY SAY BUDGET BY TUESDAY... MISSED THE 5TH BY 1 DAY.
12-2-2022 Newshound Guru Kaperoni Parliament will complete the cabinet this weekend and then they can RV the dinar. Not going to happen. Not how monetary policy works.
12-2-2022 Intel Guru Bruce [via WiserNow] I told you guys I wasn't calling it Tuesday - but...in my spirit – in my heart I really thought we were done - that was it...Now, certain things have happened ...We have almost 1300 Bankers listed in less than 20 - 29 hours in Canada - the US - Iran – Iraq - and Afghanistan...arrested - probably needed to be done. Probably needed that to happen - before we went...and there may be more things that need to happen - that still haven't happened...
12-2-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-2-2022 Newshound Guru Pimpy Every time I read the news...it's not like I'm standing around clapping, going 'oh, good I gotta wait even longer to see any kind of real change in the exchange rate.'...it's to the point now where I cannot picture them [Iraq] moving forward with the same currency knowing that there's that much out there in the hands of some corrupt people. Maybe the international community won't care. I doubt it...Most likely what's going to happen is they're going to have to issue new currencies making the stolen currency obsolete...
12-2-2022 Intel Guru Frank26 Article: "Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet)". A GOVERNMENT BY NEXT SATURDAY... THEN THE BUDGET AND ALL THE LINE ITEMS REVEALED.
12-2-2022 Newshound Guru Militia Man ...We saw meetings with the International Monetary Fund (IMF), Central Bank of Iraq (CBI). Finance Ministry of Iraq (FM), Federal Audit Bureau (FAB), etc...They have the 2003 Budget in the news today too...That meeting with the IMF had auditors at the Federal level... Then we see them talk today about the budget draft to be voted on in the late hours prior to 12/08/022 with the Parliament...the data necessary for a rate change is likely upon us sooner than later.
12-2-2022 Intel Guru MarkZ [via PDK] its exceptionally quiet right now on the RV front…even out of Iraq…There is nothing negative. Everyone is still very upbeat...It could be at anytime…we do not know the timing…
12-2-2022 Guest Guru BeeDeeDub [Follow up #2 to Guru Frank26 Wells Fargo Bank post 11-30-2022 below]. I just called the Wells Fargo foreign exchange Thursday, December 1, 2022 at 11:27AM EST. When I called last night, I called (apparently) after business hours at 7:45PM EST...I asked if I had the Foreign Exchange people, and she said "Yes". I told her I had some foreign currency which I might like to exchange for U.S. Dollars. She asked which currency, and I told her the Iraqi Dinar. She explicitly stated "No, I'm sorry, we don't handle the Iraqi dinar. We do not exchange that particular currency." So there you have it. I got the exact same message from a LIVE PERSON as I had received last night from a recorded message.
12-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January. He's saying it's just his opinion. FRANK: Yes the budget draft law will open the reforms...
12-2-2022 Newshound Guru Clare Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" Quote: "It is noteworthy that Iraq has - so far - 7 categories of local currency issued by the Central Bank of Iraq, which are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10000 dinars, 25000 dinars, and 50000 dinars"
12-2-2022 Intel Guru MarkZ [via PDK] “The Kurdistan region proves its share of next years budget. How much?” 14 % of the budget is going to Kurdistan. This is huge. This is the first time since we have been watching this that they have agreed to HCL/140 . We were told this was key before they announced the rate according to my contacts over there. CBI have been waiting for this I was told...In print they have agreed to the oil and gas law. All money will get shared as it is supposed to get shared.
12-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] All the private banks and the CBI are meeting right now...the #1 thing we are discussing...is the money laundering. Most of this has been dealt with...we are constantly talking about the new small category notes - Where to store them. How to issue them...and we are in conversation about the exchange rate we are about to release. Also, we meet with the CBI to talk about the international float...the currency exchange process...
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12-1-2022 Newshound Guru Pimpy I can't see them doing any kind of exchange rate on this budget. What do I think Iraq will do now? ...Find as much [stolen] money as possible. Get back on track as quickly as possible. Issue a new type of Iraq dinar and this could be their excuse when they go to issue the new Iraqi dinar to delete the zeros - kill two birds with one stone. Then go ahead and change the exchange rate...I don't know how much longer they're going to continue to move forward using the current currency that they have given the fact that trillions of dinars have been stolen. That's just not going to work.
12-1-2022 Intel Guru MarkZ [via PDK] in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar. I still think it is solely within the CBI’s powers …but this is an important article based on what I hear out of Iraq…that the CBI wants to make certain that the government is truly secure.
12-1-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-1-2022 Intel Guru Frank26 ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget. In the budget we'll see the birth of Article VIII to the reforms. Article VIII leads us to Forex...which then leads to a float.
12-1-2022 Newshound Guru Kaperoni Like every year, Iraq's budgets are created in dollars, then converted to dinar at whatever the exchange rate is. There is no significant RV of the Iraqi dinar...
12-1-2022 Newshound Guru Clare Question: "now that the 2 Kurdish ministers are agreed does this mean they have a seated gov?" THEY HAVE YET TO BE VOTED ON...DECEMBER 5TH...IT MAY BE A DAY TO SEE THE FULLY SEATED GOV imo
12-1-2022 Intel Guru Frank26 Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate. They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani...
12-1-2022 Intel Guru MarkZ [via PDK] [Mark, did u hear today is to be a pivotal day? Many seem to think it will be.] ...chatter is a bunch of contacts swear we should get announcements at some point today…. I think that is premature. I hope I am wrong... [It would be such a blessing to receive the RV before Christmas! Do you think we will?] I was astounded when we hit December without it…but yes I think we could see it before Christmas. ...What you need to focus on is things are moving…
12-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: When they introduce the GOI that's when the exchange rate will be exposed in the budget. Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms.
12-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change. He went on a rant. He talked like 5 minutes. FRANK: Isn't this something! ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value... FIREFlY: Why even do this if something not about to happen.
12-1-2022 Newshound Guru Pimpy Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" I like the fact that it's definitely a lower denomination...they have the 250...500...1,000...5,000... 10,000 ...20,000 and 50,000 so now they want to create a 20,000 dinars. What I'm anticipating is...we're going to see the 25,000 and 50,000 dinars removed. Not right away but removed...they'll definitely be heading in the right direction. That'll definitely bring a lot of positive vibes to those individuals who've been waiting for the dinar to gain in value...
12-1-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH" WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD?
12-1-2022 Guest Guru BeeDeeDub [Reference Guru Frank26 Well Fargo Bank post 11-30-2022 below] I PERSONALLY CALLED the...Wells Fargo Foreign Exchange telephone number...Wednesday, November 30, 2022, at exactly 7:45PM Eastern Time. The recording on that phone number explicitly stated "There are several currencies we currently do not offer, and have no plans of offering in the future, such as the Zimbabwe <<currency name>> and the Iraqi Dinar." [Also] the Iraqi Dinar STILL IS NOT LISTED ON THE WELLS FARGO FOREIGN CURRENCY WEB PAGES.
12-1-2022 Intel Guru MarkZ [via PDK] Well we certainly appear to be awfully close…I can’t wait to see what the next few days bring us…hopefully appointments.
12-1-2022 Newshound Guru Pimpy I can't see them doing any kind of exchange rate on this budget. What do I think Iraq will do now? ...Find as much [stolen] money as possible. Get back on track as quickly as possible. Issue a new type of Iraq dinar and this could be their excuse when they go to issue the new Iraqi dinar to delete the zeros - kill two birds with one stone. Then go ahead and change the exchange rate...I don't know how much longer they're going to continue to move forward using the current currency that they have given the fact that trillions of dinars have been stolen. That's just not going to work.
12-1-2022 Intel Guru MarkZ [via PDK] in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar. I still think it is solely within the CBI’s powers …but this is an important article based on what I hear out of Iraq…that the CBI wants to make certain that the government is truly secure.
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12-1-2022 Intel Guru Frank26 ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget. In the budget we'll see the birth of Article VIII to the reforms. Article VIII leads us to Forex...which then leads to a float.
12-1-2022 Newshound Guru Kaperoni Like every year, Iraq's budgets are created in dollars, then converted to dinar at whatever the exchange rate is. There is no significant RV of the Iraqi dinar...
12-1-2022 Newshound Guru Clare Question: "now that the 2 Kurdish ministers are agreed does this mean they have a seated gov?" THEY HAVE YET TO BE VOTED ON...DECEMBER 5TH...IT MAY BE A DAY TO SEE THE FULLY SEATED GOV imo
12-1-2022 Intel Guru Frank26 Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate. They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani...
12-1-2022 Intel Guru MarkZ [via PDK] [Mark, did u hear today is to be a pivotal day? Many seem to think it will be.] ...chatter is a bunch of contacts swear we should get announcements at some point today…. I think that is premature. I hope I am wrong... [It would be such a blessing to receive the RV before Christmas! Do you think we will?] I was astounded when we hit December without it…but yes I think we could see it before Christmas. ...What you need to focus on is things are moving…
12-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: When they introduce the GOI that's when the exchange rate will be exposed in the budget. Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms.
12-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change. He went on a rant. He talked like 5 minutes. FRANK: Isn't this something! ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value... FIREFlY: Why even do this if something not about to happen.
12-1-2022 Newshound Guru Pimpy Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" I like the fact that it's definitely a lower denomination...they have the 250...500...1,000...5,000... 10,000 ...20,000 and 50,000 so now they want to create a 20,000 dinars. What I'm anticipating is...we're going to see the 25,000 and 50,000 dinars removed. Not right away but removed...they'll definitely be heading in the right direction. That'll definitely bring a lot of positive vibes to those individuals who've been waiting for the dinar to gain in value...
12-1-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH" WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD?
12-1-2022 Guest Guru BeeDeeDub [Reference Guru Frank26 Well Fargo Bank post 11-30-2022 below] I PERSONALLY CALLED the...Wells Fargo Foreign Exchange telephone number...Wednesday, November 30, 2022, at exactly 7:45PM Eastern Time. The recording on that phone number explicitly stated "There are several currencies we currently do not offer, and have no plans of offering in the future, such as the Zimbabwe <<currency name>> and the Iraqi Dinar." [Also] the Iraqi Dinar STILL IS NOT LISTED ON THE WELLS FARGO FOREIGN CURRENCY WEB PAGES.
12-1-2022 Intel Guru MarkZ [via PDK] Well we certainly appear to be awfully close…I can’t wait to see what the next few days bring us…hopefully appointments.
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11-30-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The budget will not be approved until 2023. We're being told again today that it will be in parliament by the 9th for review and will be voted on in early 2023. FRANK: As far as what they say about the 9th, if that happens January 1, 2023 will be very good for us.
11-30-2022 Newshound Guru Pimpy Article "Al-Sudani announces the recovery of large sums from the theft of the century" The smart thing the government should do is turn around and have new dinars created (I know you guys aren't going to like this...) and exchange them for that dinar that are out there. Thus eliminating the value of the dinars that were stolen. Make them obsolete...that appears to me to be the safest way...I'm not saying that's what they're going to do. I just think that's what they should do.
11-30-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
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11-30-2022 Guest Newshound Guru Henig Article "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed"
11-30-2022 Intel Guru Bruce [via WiserNow] In my understanding this is confirmed from five different bank sources and the US Treasury that we will receive or notifications essentially wake up to them - set our appointments Thursday morning and begin exchanges on Thursday which is the day of December 1...I feel very confident about the Intel that we've had the last 3-4 days and I think you guys should just about start getting excited... Pretty excited here.
11-30-2022 Intel Guru Frank26 Wells Fargo foreign currency main phone number - every time that you would call them they would tell you the currencies that they did not sell...the Iraqi dinar was always on that list. If you call that number now the Iraqi dinar is no longer on Wells Fargo's list [of not sold currency]. What happened Wells Fargo?
11-30-2022 Newshound Guru Samson Article: "For the fifth month in a row, the contribution of oil to the Iraqi budget reached 96%" Quote: "the high percentage of the oil sector's contribution to the budget is alarming, which means that the state has not tried or is trying to diversify its economy, which is still rentier, which will make international oil prices control Iraq's general budget."
11-30-2022 Newshound Guru Militia Man The UST has closed access to 14 banks suspected of selling currency to countries with sanctions. That didn't go over well apparently.. I am under the impression the UST is still in Iraq... Fairly sure the country needs an international rate, just as will the 2023 Budget...Trading partners are going to need to be on the same page with contracts... Just as the borders are.. All digitized, hence, the UST involvement of late.. Looking good...
11-30-2022 Intel Guru MarkZ [via PDK] We are getting some really fun news right now…now we will see if it really happens... There are a tremendous amount of rumors going around about possible announcements this afternoon. This may be premature…but there is a lot of chatter about today….
11-30-2022 Newshound Guru Pimpy Article: "The State Administration Alliance decides to activate Article 140 of the Iraqi constitution" ...Al-Sudani has now activated the Article 140 which has been dormant since 2014. What that means is they have to form a committee...within 10 days they should have a committee together to review how to come up with an agreement with Kurdistan on how to handle Kirkuk.
11-30-2022 Intel Guru Frank26 Article Quote: "At the meeting it was decided to activate Article 140 of the Iraqi constitution provided that a committee would be formed...to begin its duties within a period of 10 days." Article: "The state Administration Coalition decides to activate Article 140 of the Iraqi Constitution" The button has been pushed...That means the exchange rate for the HCL is also activated and soon to be given...
11-30-2022 Intel Guru MarkZ [via PDK] [Is this is our week Mark?] Nobody knows “when” but we know its close and have some great signs and some great back and forth from some folks...
11-30-2022 Newshound/Intel Guru Mnt Goat ...Iraq is planning something in early 2023. There is just too many actions going on in the monetary reforms now all of a sudden since October to think otherwise. First, there is a new rate in the QFS and it is a fantastic rate. For months the rate for the IQD was blank now it is recalculated. Second, the new prime minister is pushing to get the 2023 budget out to parliament by the end of November then to have parliament vote and pass into law by the end of December...if they can do it, we have a very real possibility of a reinstatement in January 2023, at least I am hearing this is a target period for the CBI...
11-30-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The budget will not be approved until 2023. We're being told again today that it will be in parliament by the 9th for review and will be voted on in early 2023. FRANK: As far as what they say about the 9th, if that happens January 1, 2023 will be very good for us.
11-30-2022 Newshound Guru Pimpy Article "Al-Sudani announces the recovery of large sums from the theft of the century" The smart thing the government should do is turn around and have new dinars created (I know you guys aren't going to like this...) and exchange them for that dinar that are out there. Thus eliminating the value of the dinars that were stolen. Make them obsolete...that appears to me to be the safest way...I'm not saying that's what they're going to do. I just think that's what they should do.
11-30-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-30-2022 Guest Newshound Guru Henig Article "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed"
11-30-2022 Intel Guru Bruce [via WiserNow] In my understanding this is confirmed from five different bank sources and the US Treasury that we will receive or notifications essentially wake up to them - set our appointments Thursday morning and begin exchanges on Thursday which is the day of December 1...I feel very confident about the Intel that we've had the last 3-4 days and I think you guys should just about start getting excited... Pretty excited here.
11-30-2022 Intel Guru Frank26 Wells Fargo foreign currency main phone number - every time that you would call them they would tell you the currencies that they did not sell...the Iraqi dinar was always on that list. If you call that number now the Iraqi dinar is no longer on Wells Fargo's list [of not sold currency]. What happened Wells Fargo?
11-30-2022 Newshound Guru Samson Article: "For the fifth month in a row, the contribution of oil to the Iraqi budget reached 96%" Quote: "the high percentage of the oil sector's contribution to the budget is alarming, which means that the state has not tried or is trying to diversify its economy, which is still rentier, which will make international oil prices control Iraq's general budget."
11-30-2022 Newshound Guru Militia Man The UST has closed access to 14 banks suspected of selling currency to countries with sanctions. That didn't go over well apparently.. I am under the impression the UST is still in Iraq... Fairly sure the country needs an international rate, just as will the 2023 Budget...Trading partners are going to need to be on the same page with contracts... Just as the borders are.. All digitized, hence, the UST involvement of late.. Looking good...
11-30-2022 Intel Guru MarkZ [via PDK] We are getting some really fun news right now…now we will see if it really happens... There are a tremendous amount of rumors going around about possible announcements this afternoon. This may be premature…but there is a lot of chatter about today….
11-30-2022 Newshound Guru Pimpy Article: "The State Administration Alliance decides to activate Article 140 of the Iraqi constitution" ...Al-Sudani has now activated the Article 140 which has been dormant since 2014. What that means is they have to form a committee...within 10 days they should have a committee together to review how to come up with an agreement with Kurdistan on how to handle Kirkuk.
11-30-2022 Intel Guru Frank26 Article Quote: "At the meeting it was decided to activate Article 140 of the Iraqi constitution provided that a committee would be formed...to begin its duties within a period of 10 days." Article: "The state Administration Coalition decides to activate Article 140 of the Iraqi Constitution" The button has been pushed...That means the exchange rate for the HCL is also activated and soon to be given...
11-30-2022 Intel Guru MarkZ [via PDK] [Is this is our week Mark?] Nobody knows “when” but we know its close and have some great signs and some great back and forth from some folks...
11-30-2022 Newshound/Intel Guru Mnt Goat ...Iraq is planning something in early 2023. There is just too many actions going on in the monetary reforms now all of a sudden since October to think otherwise. First, there is a new rate in the QFS and it is a fantastic rate. For months the rate for the IQD was blank now it is recalculated. Second, the new prime minister is pushing to get the 2023 budget out to parliament by the end of November then to have parliament vote and pass into law by the end of December...if they can do it, we have a very real possibility of a reinstatement in January 2023, at least I am hearing this is a target period for the CBI...
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11-29-2022 Newshound Guru Clare Article: "Turkmen Parliamentary Bloc holds a conference on 'attempts to activate Article 140"
11-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani appointed two ministers...he says it's to speedup the preparation of the budget to parliament...Sudani is becoming an amazing leader for us. He too says, he expects the budget to be approved in January of 2023. FRANK: That's Sudani. You also have February. You also have March. All these opinions. You also have me pleading the "5th"...
11-29-2022 Newshound Guru Petra Article: "Al-Fatlawi: The torrent of anti-corruption will affect many names, most notably Al-Kazemi" I believe we heard $150B dinars were being returned to the people per the announcement by Al-Sadani. He didn’t hold that information back…for a reason. He wants not only the people to know his governments actions but also a message to the international market that they mean business! They will need the secondary markets soon and they need to demonstrate action specific to corruption…and yes, more $$$ to come. Anybody hear from Maliki?
11-29-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-29-2022 Newshound Guru Kaperoni [Guru] Frank26...claims...nobody is under an NDA because they're all talking about it. That's true, nobody is under an NDA regarding Iraq
11-29-2022 Newshound Guru Sandy Ingram Article: "Opec+ decision did not reduce Iraq's exports" OPEC+ produces 43 million barrels of oil per day. Iraq produces 11% of this total...supply and demand is still king... next years prices per barrel...will be between $85 and $95 maybe less...OPEC controls and hold approximately 80% of the world's oil so for now Iraq's revenue is okay and for that we are grateful.
11-29-2022 Newshound Guru Pimpy Article: "Al-Sudani announces the recovery of large sums from the theft of the century" ...over 2.5 trillion dinar has been stolen. They recovered 182 billion of it. In your wildest dream you think these people are going to turn around and increase the exchange rate knowing that a huge amount of money out there...in the hands of criminals? And make these people even richer than they are? No it's not going to happen... [Post 2 of 2]
11-29-2022 Newshound Guru Pimpy I got people out there talking [that] this next budget we're going to see a huge increase in the Iraqi dinar exchange rate. No you're not...Let me tell you why. For the same reason I stressed the first time you might not see the exchange rate happen, they were still missing a ton of money...you might indirectly end up financing a terrorist group who stole the money. Remember ISIS stole a big chunk of the Iraqi dinar so if they couldn't account for it then they weren't going to change the exchange rate in fear of accidentally financing a terrorist group. The same could be said for this right here. [Post 1 of 2....stay tuned]
11-29-2022 Intel Guru MarkZ [via PDK] The passing of article 140 is huge…and a big part of the excitement today. ...Iraqi chatter...from overnight…is they are going to announce to the world that they changed their rate on the 3rd of Dec...theoretically they need to RV a few days ahead of that… This would mean things need to happen very soon…seems the 140 implementation has shaken things loose over there and was a massive step forward for Iraq. I think it could be tomorrow…or it could be the 3rd…I think we are in the short end of it. No one knows the exact timing until it happens…we just know what they are expecting. [post 2 of 2]
11-29-2022 Intel Guru MarkZ [via PDK] “KRG delegation in Baghdad to resolve outstanding issues” ...This is the Kurdistan regional government. Why is article 140 important? ...We were told years ago that when we saw 140 pass it would be very close to seeing the revaluation of the Iraqi dinar. Article 140 addresses sharing money with individual Iraqi citizens…of course this is oil and gas revenues for the Kurdish region as well. This was an enormous missing piece that got filled last night. I was reminded of this by folks last night that are way up the chain on this…They are very excited. [post 1 of 2....stay tuned]
11-29-2022 Intel Guru Frank26 Ladies and gentlemen drum roll! We have Article 140...We have HCL...Now that equals Article VIII. Article VIII is what every contract...country...investor have been waiting for. Article VIII tells the people to bring their money into this country of Iraq. They are now secure. All the banking systems are international, modern, up-to-date. We're even about to add value to it with a new exchange rate. They know what's going on...
11-29-2022 Newshound Guru Samson Article: "Jordan: Baghdad supplied Amman with 3.4 million barrels of oil at a "preferential price" Quote: "The official Jordanian News Agency (Petra) reported that about 3.4 million barrels of Iraqi oil had arrived in the Kingdom as of Tuesday, according to a Jordanian-Iraqi agreement to buy oil "at a preferential price less than the price of a barrel of Brent by $16"
11-29-2022 Newshound Guru Clare Article: "Turkmen Parliamentary Bloc holds a conference on 'attempts to activate Article 140"
11-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani appointed two ministers...he says it's to speedup the preparation of the budget to parliament...Sudani is becoming an amazing leader for us. He too says, he expects the budget to be approved in January of 2023. FRANK: That's Sudani. You also have February. You also have March. All these opinions. You also have me pleading the "5th"...
11-29-2022 Newshound Guru Petra Article: "Al-Fatlawi: The torrent of anti-corruption will affect many names, most notably Al-Kazemi" I believe we heard $150B dinars were being returned to the people per the announcement by Al-Sadani. He didn’t hold that information back…for a reason. He wants not only the people to know his governments actions but also a message to the international market that they mean business! They will need the secondary markets soon and they need to demonstrate action specific to corruption…and yes, more $$$ to come. Anybody hear from Maliki?
11-29-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-29-2022 Newshound Guru Kaperoni [Guru] Frank26...claims...nobody is under an NDA because they're all talking about it. That's true, nobody is under an NDA regarding Iraq
11-29-2022 Newshound Guru Sandy Ingram Article: "Opec+ decision did not reduce Iraq's exports" OPEC+ produces 43 million barrels of oil per day. Iraq produces 11% of this total...supply and demand is still king... next years prices per barrel...will be between $85 and $95 maybe less...OPEC controls and hold approximately 80% of the world's oil so for now Iraq's revenue is okay and for that we are grateful.
11-29-2022 Newshound Guru Pimpy Article: "Al-Sudani announces the recovery of large sums from the theft of the century" ...over 2.5 trillion dinar has been stolen. They recovered 182 billion of it. In your wildest dream you think these people are going to turn around and increase the exchange rate knowing that a huge amount of money out there...in the hands of criminals? And make these people even richer than they are? No it's not going to happen... [Post 2 of 2]
11-29-2022 Newshound Guru Pimpy I got people out there talking [that] this next budget we're going to see a huge increase in the Iraqi dinar exchange rate. No you're not...Let me tell you why. For the same reason I stressed the first time you might not see the exchange rate happen, they were still missing a ton of money...you might indirectly end up financing a terrorist group who stole the money. Remember ISIS stole a big chunk of the Iraqi dinar so if they couldn't account for it then they weren't going to change the exchange rate in fear of accidentally financing a terrorist group. The same could be said for this right here. [Post 1 of 2....stay tuned]
11-29-2022 Intel Guru MarkZ [via PDK] The passing of article 140 is huge…and a big part of the excitement today. ...Iraqi chatter...from overnight…is they are going to announce to the world that they changed their rate on the 3rd of Dec...theoretically they need to RV a few days ahead of that… This would mean things need to happen very soon…seems the 140 implementation has shaken things loose over there and was a massive step forward for Iraq. I think it could be tomorrow…or it could be the 3rd…I think we are in the short end of it. No one knows the exact timing until it happens…we just know what they are expecting. [post 2 of 2]
11-29-2022 Intel Guru MarkZ [via PDK] “KRG delegation in Baghdad to resolve outstanding issues” ...This is the Kurdistan regional government. Why is article 140 important? ...We were told years ago that when we saw 140 pass it would be very close to seeing the revaluation of the Iraqi dinar. Article 140 addresses sharing money with individual Iraqi citizens…of course this is oil and gas revenues for the Kurdish region as well. This was an enormous missing piece that got filled last night. I was reminded of this by folks last night that are way up the chain on this…They are very excited. [post 1 of 2....stay tuned]
11-29-2022 Intel Guru Frank26 Ladies and gentlemen drum roll! We have Article 140...We have HCL...Now that equals Article VIII. Article VIII is what every contract...country...investor have been waiting for. Article VIII tells the people to bring their money into this country of Iraq. They are now secure. All the banking systems are international, modern, up-to-date. We're even about to add value to it with a new exchange rate. They know what's going on...
11-29-2022 Newshound Guru Samson Article: "Jordan: Baghdad supplied Amman with 3.4 million barrels of oil at a "preferential price" Quote: "The official Jordanian News Agency (Petra) reported that about 3.4 million barrels of Iraqi oil had arrived in the Kingdom as of Tuesday, according to a Jordanian-Iraqi agreement to buy oil "at a preferential price less than the price of a barrel of Brent by $16"
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11-28-2022 Intel Guru Frank26 The constitution of Iraq has laws in it...amendments that say you are not allowed to telegraph, to hint, suggest, to say that they are going to have an exchange rate change. Can't. It's against the law. I don't think any of these guys want to be arrested because they will be arrested...
11-28-2022 Intel Guru MarkZ [via PDK] [Frank26 post below: Lets see if we can get a seated government by the 9th of December because that would be so good for January 1, 2023.] I still think its sooner…but he may be right on the seated government. Remember they have told us- in print- multiple times that the CBI does not need the government in order to revalue. The government has already done all it needs. It is now in the hands of the CBI.
11-28-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-28-2022 Guru Nader From The Mid East Article: "The Federal Ministry of Finance announced on Monday the start of preparing the federal budget law for the year 2023 while it noted an issue related to the exchange rate of the dollar against the Iraqi dinar...this issue has not yet been raised." It's gonna be...like I told you 2023. Just be patient. Hang on there.
11-28-2022 Newshound Guru Pimpy The whole talk about the change in the exchange rate seems to have died down. Like I said before, unless it comes directly from the Central Bank of Iraq all that is just hearsay, speculation, BS.
11-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] In the budget lies the HCL. The HCL is to share oil and gas profits with the Iraqi citizens. This is part IMO of the monetary reform. This is simply another source of income to come to the citizens besides the Monetary Reform. They will have the Monetary reform...the HCL...plentiful jobs. All of this will go hand in hand. Both the HCL and the Monetary Reform strive for the same goal to give the citizens of Iraq more purchasing power and more value but most of all more respect.
11-28-2022 Intel Guru Frank26 The budget has line items and one of the line items is the new exchange rate.
11-28-2022 Intel Guru MarkZ [via PDK] [Do you think we will see this before Christmas?] Yes I do. But, nobody knows the timing. I am surprised we have not already crossed the finish line. I can tell you there is a massive push right now for Wednesday of this week…This is from all of my contacts..
11-28-2022 Newshound/Intel Guru RVAlready Hopefully, there have been enough back room meetings already to ensure a majority vote on the budget in parliament. And, hopefully, the CBI is ready to hit the RV button at the earliest possible moment - maybe before the budget is passed...GO RV!!!
11-28-2022 Guest Newshound Guru Henig Article: "There are no developments in resolving the two vacant ministries, and we left the matter to the Sudanese"
11-28-2022 Intel Guru Frank26 Lets see if we can get a seated
government by the 9th of December because that would be so good for January 1, 2023.
11-28-2022 Intel Guru MarkZ [via PDK] [When the RV happens can we redeem at any location or does it have to be close to our homes?] Anywhere in your country…was what I was told...
11-28-2022 Intel Guru Frank26 The constitution of Iraq has laws in it...amendments that say you are not allowed to telegraph, to hint, suggest, to say that they are going to have an exchange rate change. Can't. It's against the law. I don't think any of these guys want to be arrested because they will be arrested...
11-28-2022 Intel Guru MarkZ [via PDK] [Frank26 post below: Lets see if we can get a seated government by the 9th of December because that would be so good for January 1, 2023.] I still think its sooner…but he may be right on the seated government. Remember they have told us- in print- multiple times that the CBI does not need the government in order to revalue. The government has already done all it needs. It is now in the hands of the CBI.
11-28-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-28-2022 Guru Nader From The Mid East Article: "The Federal Ministry of Finance announced on Monday the start of preparing the federal budget law for the year 2023 while it noted an issue related to the exchange rate of the dollar against the Iraqi dinar...this issue has not yet been raised." It's gonna be...like I told you 2023. Just be patient. Hang on there.
11-28-2022 Newshound Guru Pimpy The whole talk about the change in the exchange rate seems to have died down. Like I said before, unless it comes directly from the Central Bank of Iraq all that is just hearsay, speculation, BS.
11-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] In the budget lies the HCL. The HCL is to share oil and gas profits with the Iraqi citizens. This is part IMO of the monetary reform. This is simply another source of income to come to the citizens besides the Monetary Reform. They will have the Monetary reform...the HCL...plentiful jobs. All of this will go hand in hand. Both the HCL and the Monetary Reform strive for the same goal to give the citizens of Iraq more purchasing power and more value but most of all more respect.
11-28-2022 Intel Guru Frank26 The budget has line items and one of the line items is the new exchange rate.
11-28-2022 Intel Guru MarkZ [via PDK] [Do you think we will see this before Christmas?] Yes I do. But, nobody knows the timing. I am surprised we have not already crossed the finish line. I can tell you there is a massive push right now for Wednesday of this week…This is from all of my contacts..
11-28-2022 Newshound/Intel Guru RVAlready Hopefully, there have been enough back room meetings already to ensure a majority vote on the budget in parliament. And, hopefully, the CBI is ready to hit the RV button at the earliest possible moment - maybe before the budget is passed...GO RV!!!
11-28-2022 Guest Newshound Guru Henig Article: "There are no developments in resolving the two vacant ministries, and we left the matter to the Sudanese"
11-28-2022 Intel Guru Frank26 Lets see if we can get a seated
government by the 9th of December because that would be so good for January 1, 2023.
11-28-2022 Intel Guru MarkZ [via PDK] [When the RV happens can we redeem at any location or does it have to be close to our homes?] Anywhere in your country…was what I was told...
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11-27-2022 Intel Guru Frank26 [the exchange rate change] will not be discussed until the government opens the budget...Even once they seat the government it will not be discussed until they open the budget.
11-27-2022 Newshound Guru Samson Article: "Parliamentary Finance: job grades and confirmation of contracts in the 2023 budget" Quote: "The Parliamentary Finance Committee expected, on Saturday, to pass the draft federal budget law for the year 2023 in the month of February"
11-27-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-27-2022 Intel Guru Frank26 Question: [Are you under an NDA (Non-Disclosure Agreement)?] That is a tool of exaggeration...there are no documents that anybody signed to keep their mouths shut because everybody is talking about this. Everybody knows what's going on...it's no secret. Everybody knows it.
11-27-2022 Newshound Guru Pimpy Article Quote: "The Ministries or Finance and Planning are serious about completing writing the draft budget for 2023...we believe that it will send it to the House of Representative early next year." So no budget for 2022 and they're hoping to get the draft budget beginning of next year 2023 which means you're probably looking at the first and second month of 2023 without a budget...
11-27-2022 Newshound Guru Sandy Ingram Article: "Iraq's government "serious" in pursuing true partnership with Kuwait" We know when the Iraqi dinar revalues, floats or does whatever it is that they plan to do that we as American citizens and other citizens of different parts of the world may not be able to go directly into Iraq to exchange the currency. Therefore we always support news when it comes to Iraq pursing partnerships and relationships with its neighbors because we certainly can fly into Kuwait and exchange dinars if allowed to...
11-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI can't show their hand because of things like insider trading laws would prevent this. But we believe our paths are going to get brighter and brighter... FRANK: They know to ignore the Framework and the false media. They know what Sudani is doing for them and the governor of the CBI...They know the CBI is trying to keep a low profile.
11-27-2022 Newshound/Intel Guru RVAlready I hold out some hope that the CBI promised the IMF to RV by Nov 30. We will see if that holds up.
11-27-2022 Intel Guru Frank26 [the exchange rate change] will not be discussed until the government opens the budget...Even once they seat the government it will not be discussed until they open the budget.
11-27-2022 Newshound Guru Samson Article: "Parliamentary Finance: job grades and confirmation of contracts in the 2023 budget" Quote: "The Parliamentary Finance Committee expected, on Saturday, to pass the draft federal budget law for the year 2023 in the month of February"
11-27-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-27-2022 Intel Guru Frank26 Question: [Are you under an NDA (Non-Disclosure Agreement)?] That is a tool of exaggeration...there are no documents that anybody signed to keep their mouths shut because everybody is talking about this. Everybody knows what's going on...it's no secret. Everybody knows it.
11-27-2022 Newshound Guru Pimpy Article Quote: "The Ministries or Finance and Planning are serious about completing writing the draft budget for 2023...we believe that it will send it to the House of Representative early next year." So no budget for 2022 and they're hoping to get the draft budget beginning of next year 2023 which means you're probably looking at the first and second month of 2023 without a budget...
11-27-2022 Newshound Guru Sandy Ingram Article: "Iraq's government "serious" in pursuing true partnership with Kuwait" We know when the Iraqi dinar revalues, floats or does whatever it is that they plan to do that we as American citizens and other citizens of different parts of the world may not be able to go directly into Iraq to exchange the currency. Therefore we always support news when it comes to Iraq pursing partnerships and relationships with its neighbors because we certainly can fly into Kuwait and exchange dinars if allowed to...
11-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI can't show their hand because of things like insider trading laws would prevent this. But we believe our paths are going to get brighter and brighter... FRANK: They know to ignore the Framework and the false media. They know what Sudani is doing for them and the governor of the CBI...They know the CBI is trying to keep a low profile.
11-27-2022 Newshound/Intel Guru RVAlready I hold out some hope that the CBI promised the IMF to RV by Nov 30. We will see if that holds up.
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11-26-2022 Intel Guru MarkZ [via PDK] [if it's supposed to happen before December there's not much time left!] This may be why we are seeing so much disinformation and recycling of old news right now. Some articles are word for word older articles that thy put a new date on it…they want to cloud the timing of this thing as hard and as diligently as they can. Be prepared for that. Remember that this is a “when” not an “if”. We will never know the exact timing.
11-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI is talking...they're saying it's still too early to introduce the 20,000 note into circulation...we agree. Not until we have a seated government and open budget then maybe they could do that... FRANK: The 20K...may be a deterrent. It may be a smokescreen.
11-26-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-26-2022 Newshound Guru Samson Article Quote "The British Financial Times newspaper published an article...about...the theft of $2.5 billion in Iraq...according to the Ministry of Finance, armored vehicles carrying $2.5 billion belonging to the Iraqi Tax Authority disappeared between September 2021 and August 2022...the trucks loaded with tax money left the state-owned Rafidain Bank, and took their usual route to disappear in broad daylight in what is known in Iraq as the "theft of the century."
11-26-2022 Newshound Guru Pimpy I still hear that there's people out there talking about the rate changes going to be in the budget, here's my thing, until the budget comes out we're not going to know. Right now it's all speculation. I think BS but we'll see.
11-26-2022 Guest Guru Suzie Community Member Comment: Its great to see them trying to rush the budget law but also remember this is iraq great with words and slow with action...maybe this time they will actually do it on time. SUZIE: Let's hope so, it seems like the last couple years things always look good at this time of the year only to have "something" get in the way and it carries on. Perhaps this year will be "the best Christmas ever"! MEMBER: We should have a very good idea on the 9th since we were told that is when the budget is supposed to be given to the goi"
11-26-2022 Intel Guru MarkZ [via PDK] I want to touch on rumors that have been spreading quickly from redemption contacts…they are very squarely...hearing it will happen Wednesday night into Thursday morning of next week… I know we have heard this before, but it’s very encouraging that I am hearing this from different parts of the country. They say that the logistics have been done for some time…and now they have pounded out the remaining political issues. We shall see...I just find it questionable that we have a specific date right now. I believe we are close though. I still can’t believe we are this far into November and don’t have it yet.
11-26-2022 Newshound Guru Clare Article: "Al-Sudani stresses the need to complete the draft budget law as quickly as possible" Quote: "the necessity of completing the budget bill as quickly as possible, and submitting it to the House of Representatives, so that it enters into force without delay." EXCELLENT! - SO GREAT TO SEE THEM IN A RUSH TO GET IT DONE!
11-26-2022 Intel Guru Frank26 What law is important to us now? What law are we looking for? IMO the budget law is the spearhead of all laws...Not the HCL. Because the Budget Law has the HCL in it. It is the Budget Law, that is what we are looking for.
11-26-2022 Newshound/Intel Guru Mnt Goat ...my contact in the CBI says to me they are still planning a major move sometime in January 2023 with the dinar if the 2023 budget can be passed by the end of December...
11-26-2022 Newshound Guru Samson Article: "Industry: Five thousand plants will start production in the coming years". Quote: "The aforementioned factories, which were granted regular establishment licenses by the Ministry, will supply the local markets...with various goods and commodities, which will give the country an opportunity to dispense with importing all its needs of those goods, and be satisfied with their local counterparts.."
11-26-2022 Intel Guru MarkZ [via PDK] [if it's supposed to happen before December there's not much time left!] This may be why we are seeing so much disinformation and recycling of old news right now. Some articles are word for word older articles that thy put a new date on it…they want to cloud the timing of this thing as hard and as diligently as they can. Be prepared for that. Remember that this is a “when” not an “if”. We will never know the exact timing.
11-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI is talking...they're saying it's still too early to introduce the 20,000 note into circulation...we agree. Not until we have a seated government and open budget then maybe they could do that... FRANK: The 20K...may be a deterrent. It may be a smokescreen.
11-26-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-26-2022 Newshound Guru Samson Article Quote "The British Financial Times newspaper published an article...about...the theft of $2.5 billion in Iraq...according to the Ministry of Finance, armored vehicles carrying $2.5 billion belonging to the Iraqi Tax Authority disappeared between September 2021 and August 2022...the trucks loaded with tax money left the state-owned Rafidain Bank, and took their usual route to disappear in broad daylight in what is known in Iraq as the "theft of the century."
11-26-2022 Newshound Guru Pimpy I still hear that there's people out there talking about the rate changes going to be in the budget, here's my thing, until the budget comes out we're not going to know. Right now it's all speculation. I think BS but we'll see.
11-26-2022 Guest Guru Suzie Community Member Comment: Its great to see them trying to rush the budget law but also remember this is iraq great with words and slow with action...maybe this time they will actually do it on time. SUZIE: Let's hope so, it seems like the last couple years things always look good at this time of the year only to have "something" get in the way and it carries on. Perhaps this year will be "the best Christmas ever"! MEMBER: We should have a very good idea on the 9th since we were told that is when the budget is supposed to be given to the goi"
11-26-2022 Intel Guru MarkZ [via PDK] I want to touch on rumors that have been spreading quickly from redemption contacts…they are very squarely...hearing it will happen Wednesday night into Thursday morning of next week… I know we have heard this before, but it’s very encouraging that I am hearing this from different parts of the country. They say that the logistics have been done for some time…and now they have pounded out the remaining political issues. We shall see...I just find it questionable that we have a specific date right now. I believe we are close though. I still can’t believe we are this far into November and don’t have it yet.
11-26-2022 Newshound Guru Clare Article: "Al-Sudani stresses the need to complete the draft budget law as quickly as possible" Quote: "the necessity of completing the budget bill as quickly as possible, and submitting it to the House of Representatives, so that it enters into force without delay." EXCELLENT! - SO GREAT TO SEE THEM IN A RUSH TO GET IT DONE!
11-26-2022 Intel Guru Frank26 What law is important to us now? What law are we looking for? IMO the budget law is the spearhead of all laws...Not the HCL. Because the Budget Law has the HCL in it. It is the Budget Law, that is what we are looking for.
11-26-2022 Newshound/Intel Guru Mnt Goat ...my contact in the CBI says to me they are still planning a major move sometime in January 2023 with the dinar if the 2023 budget can be passed by the end of December...
11-26-2022 Newshound Guru Samson Article: "Industry: Five thousand plants will start production in the coming years". Quote: "The aforementioned factories, which were granted regular establishment licenses by the Ministry, will supply the local markets...with various goods and commodities, which will give the country an opportunity to dispense with importing all its needs of those goods, and be satisfied with their local counterparts.."
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11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Finance Minister comes out and says there is no change in the rate as of now and says when the new budget comes out it will also not happen. We don't know what in the world this person is talking about because yesterday they said the opposite. We know they can't come out and just say they are going to have a rate change. That's illegal. So we try to read between the lines. FRANK: Bravo! ...What an advancement in attitude. He knows his laws...
11-25-2022 Intel Guru MarkZ [via PDK] “Parliamentary finance is likely to approve next year’s budget at 150 trillion dinars” Don’t worry if they are passing it with the lower rate on the dinar…I am told that is unimportant. They will simply do the conversion on the value. The big key here is they are moving forward and looks poised for acceptance.
11-25-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq received on Tuesday the ambassador of the United States of America to Iraq. You will need to read between the lines to understand the importance of this meeting. During the meeting they discussed aspects of bilateral cooperation...and keeping pace with the global development in the banking sector...this news report more than any in recent months points towards real progress...
11-25-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-25-2022 Newshound Guru MilitiaMan What we are witnessing now is the final effort to sort the two seats in the PM Cabinet and the 2023 budget draft getting from the Council of Ministers to the Parliament. The reconciled 2022 numbers will likely need to be held close until the last minute for if not it would likely leak out quickly and that is to be avoided per legal issues.
11-25-2022 Intel Guru MarkZ [via PDK] “Clarification to the Iraqi central bank regarding the reasons for the decline in sales of the foreign currency selling window” We were always told the auctions would slow down or nearly end just before they RV.
11-25-2022 Newshound Guru Kaperoni The only way we can see a significant increase in the dinar would be based on the growth of Iraq's economy. Therefore, they need to pass laws and create a suitable investment environment. Doing so would then allow them to float their currency and allow the world to determine the value of the dinar based on the economic success. As a result not only can the dinar go up in value, but they can gradually remove and reduce the currency in circulation as a result.
11-25-2022 Newshound Guru Pimpy The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row. If they can do that then ...they will see an increase in the value of the Iraqi dinar...
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the budget will be in parliament by the end of November or the first part of December. FRANK: The goal is to have it in by the 9th of December. And the banks in the United States of America know that IMO. If we do see an announced government by the 9th then January 1st 2023 has great potential for what we've been waiting for...
11-25-2022 Intel Guru MarkZ [via PDK] “Barzani’s Visit to Baghdad to follow up on agreements –including the legislation of the oil and gas law” Why is this important? This is a first that the Kurdish region is showing clear indication of wanting to work with the Iraqi government. They are getting along, they are agreeing to budgets…a major sticking point to not seeing our RV or RI has been they disagreements between these factions… I am excited to see them all getting along.
11-25-2022 Newshound Guru Samson Article: "Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable" Quote: "the oil reserves in Iraq and Saudi Arabia are close to the surface and on the ground, which makes access to oil more accessible and the extraction process more cost-effective and more profitable."
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Finance Minister comes out and says there is no change in the rate as of now and says when the new budget comes out it will also not happen. We don't know what in the world this person is talking about because yesterday they said the opposite. We know they can't come out and just say they are going to have a rate change. That's illegal. So we try to read between the lines. FRANK: Bravo! ...What an advancement in attitude. He knows his laws...
11-25-2022 Intel Guru MarkZ [via PDK] “Parliamentary finance is likely to approve next year’s budget at 150 trillion dinars” Don’t worry if they are passing it with the lower rate on the dinar…I am told that is unimportant. They will simply do the conversion on the value. The big key here is they are moving forward and looks poised for acceptance.
11-25-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq received on Tuesday the ambassador of the United States of America to Iraq. You will need to read between the lines to understand the importance of this meeting. During the meeting they discussed aspects of bilateral cooperation...and keeping pace with the global development in the banking sector...this news report more than any in recent months points towards real progress...
11-25-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-25-2022 Newshound Guru MilitiaMan What we are witnessing now is the final effort to sort the two seats in the PM Cabinet and the 2023 budget draft getting from the Council of Ministers to the Parliament. The reconciled 2022 numbers will likely need to be held close until the last minute for if not it would likely leak out quickly and that is to be avoided per legal issues.
11-25-2022 Intel Guru MarkZ [via PDK] “Clarification to the Iraqi central bank regarding the reasons for the decline in sales of the foreign currency selling window” We were always told the auctions would slow down or nearly end just before they RV.
11-25-2022 Newshound Guru Kaperoni The only way we can see a significant increase in the dinar would be based on the growth of Iraq's economy. Therefore, they need to pass laws and create a suitable investment environment. Doing so would then allow them to float their currency and allow the world to determine the value of the dinar based on the economic success. As a result not only can the dinar go up in value, but they can gradually remove and reduce the currency in circulation as a result.
11-25-2022 Newshound Guru Pimpy The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row. If they can do that then ...they will see an increase in the value of the Iraqi dinar...
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the budget will be in parliament by the end of November or the first part of December. FRANK: The goal is to have it in by the 9th of December. And the banks in the United States of America know that IMO. If we do see an announced government by the 9th then January 1st 2023 has great potential for what we've been waiting for...
11-25-2022 Intel Guru MarkZ [via PDK] “Barzani’s Visit to Baghdad to follow up on agreements –including the legislation of the oil and gas law” Why is this important? This is a first that the Kurdish region is showing clear indication of wanting to work with the Iraqi government. They are getting along, they are agreeing to budgets…a major sticking point to not seeing our RV or RI has been they disagreements between these factions… I am excited to see them all getting along.
11-25-2022 Newshound Guru Samson Article: "Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable" Quote: "the oil reserves in Iraq and Saudi Arabia are close to the surface and on the ground, which makes access to oil more accessible and the extraction process more cost-effective and more profitable."
11-24-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-24-22 Intel Guru Frank26 Here comes the tricky part where everybody get's messed up. Ok at this point they change the rate to 1 to 1. Remember what they said they're going to do once they change the rate to 1 to 1? Float...Where is it going to float? Internationally...when it does, 1 to 1 will grow...they'll find a place where they cap it. Back in 2003 it was $3.22. That was over 20 years ago. It should be way past that in my opinion. [Post 2 of 2]
11-24-22 Intel Guru Frank26 the next person that tells you that it's a lop maybe you show them this...The exchange rate of the Iraqi dinar...is 1460...the goal is to drop the 3-zeros and to end the play at $1...let's say they take this rate to 1000 then they drop 3-zeros. It's $1. That's their goal to reach 1 to 1 exchange rate with the American dollar. [Post 1 of 2....stay tuned]
11-24-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-24-2022 Newshound Guru Kaperoni Guru Pimpy actually made a smart post when asked about Iraq changing the value of the dinar. He says it does not benefit them at this time as they rebuild their economy. That is correct!
11-24-2022 Newshound Guru Samson Article: "Basra Gas announces that its production has increased to 1000 million standard cubic meters per day" Quote: "Gas production has increased by four times, as the company produces 1,000 million standard cubic meters per day, after production did not exceed 200 million standard cubic meters per day"
11-24-2022 Intel Guru MarkZ [via PDK] I am hearing $4.83 has started showing up on screens.
11-24-2022 Newshound Guru Pimpy Article quote: "The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project - In addition with weak business environment and efficiencies in public sector investment, mismanagement, corruption and the lack of adequate infrastructure. All these factors constitute major obstacles to attracting foreign investment despite some progress in the recent years." This is the big reason why you're not seen any real increase in the Iraqi dinar exchange rate. Those are huge steps...that need to be taken before they can increase their purchasing power and before they can increase the value of the Iraqi dinar...
11-24-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" CBI GOV TELLS USA ALL BANKS IN IRAQ & OUTSIDE OF IRAQ, ARE READY TO GO!
11-24-2022 Newshound Guru Sandy Ingram Article: "Blaming Kurds for unrest, Iran threatens Iraq with offensive" Breaking news out of Iraq - Iran has made good on their threats. They have lit up Northern Iraq like a Christmas tree with drones and missiles...the United States condemns Iranian strikes in Northern Iraq...
11-24-2022 Newshound/Intel Guru Mnt Goat ...the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them. Next the US Treasury is in Iraq briefing over 35 of the existing banks how to conduct their banking practices and “best practices” for the banking sector...So why are they cracking down so heavily now? ...I am hearing from my CBI source that part of why the US Treasury is now in Iraq is also to review and implement measures for auditing the expenditures of the 2023 budget once it is opened.
11-24-22 Intel Guru Frank26 Here comes the tricky part where everybody get's messed up. Ok at this point they change the rate to 1 to 1. Remember what they said they're going to do once they change the rate to 1 to 1? Float...Where is it going to float? Internationally...when it does, 1 to 1 will grow...they'll find a place where they cap it. Back in 2003 it was $3.22. That was over 20 years ago. It should be way past that in my opinion. [Post 2 of 2]
11-24-22 Intel Guru Frank26 the next person that tells you that it's a lop maybe you show them this...The exchange rate of the Iraqi dinar...is 1460...the goal is to drop the 3-zeros and to end the play at $1...let's say they take this rate to 1000 then they drop 3-zeros. It's $1. That's their goal to reach 1 to 1 exchange rate with the American dollar. [Post 1 of 2....stay tuned]
11-24-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-24-2022 Newshound Guru Kaperoni Guru Pimpy actually made a smart post when asked about Iraq changing the value of the dinar. He says it does not benefit them at this time as they rebuild their economy. That is correct!
11-24-2022 Newshound Guru Samson Article: "Basra Gas announces that its production has increased to 1000 million standard cubic meters per day" Quote: "Gas production has increased by four times, as the company produces 1,000 million standard cubic meters per day, after production did not exceed 200 million standard cubic meters per day"
11-24-2022 Intel Guru MarkZ [via PDK] I am hearing $4.83 has started showing up on screens.
11-24-2022 Newshound Guru Pimpy Article quote: "The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project - In addition with weak business environment and efficiencies in public sector investment, mismanagement, corruption and the lack of adequate infrastructure. All these factors constitute major obstacles to attracting foreign investment despite some progress in the recent years." This is the big reason why you're not seen any real increase in the Iraqi dinar exchange rate. Those are huge steps...that need to be taken before they can increase their purchasing power and before they can increase the value of the Iraqi dinar...
11-24-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" CBI GOV TELLS USA ALL BANKS IN IRAQ & OUTSIDE OF IRAQ, ARE READY TO GO!
11-24-2022 Newshound Guru Sandy Ingram Article: "Blaming Kurds for unrest, Iran threatens Iraq with offensive" Breaking news out of Iraq - Iran has made good on their threats. They have lit up Northern Iraq like a Christmas tree with drones and missiles...the United States condemns Iranian strikes in Northern Iraq...
11-24-2022 Newshound/Intel Guru Mnt Goat ...the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them. Next the US Treasury is in Iraq briefing over 35 of the existing banks how to conduct their banking practices and “best practices” for the banking sector...So why are they cracking down so heavily now? ...I am hearing from my CBI source that part of why the US Treasury is now in Iraq is also to review and implement measures for auditing the expenditures of the 2023 budget once it is opened.
11-23-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-23-2022 Intel Guru MarkZ [via PDK] I do have an interesting piece from a redemption center contact in Texas…not one of my usual ones. It was fun and might give us a clue. They are told that the “call center” part will be on call tomorrow. But not the “redemption center” itself…. I find this interesting because they were told they would be on a short “call in” or notice. And this was changed earlier today. So this is potentially exciting. Remember the rest of the world keeps operating even if we have Thanksgiving.
11-23-2022 Newshound Guru Samson Article "In numbers... an unprecedented value for Iraq's foreign reserves" Quote "Iraq's foreign reserves are the highest today in the country's financial history, which amounted to nearly 90 billion dollars...the exported Iraqi currency also amounted to about 150%, meaning that every dinar is exported to Trading in the economy is now covered by foreign exchange one and a half times."
11-23-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-23-2022 Intel Guru MarkZ [via PDK] Today the fact that Iraq is cleaning up corruption has now made it to main stream news. On AP (Associated press) “Auditors in Iraq uncover a staggering $2.5 billion tax fraud” This is an older story out of Iraq that is suddenly getting international attention. Maybe this is some of the smoke we need…just like we saw in Kuwait before they RV’d…
11-23-2022 Intel Guru Frank26 Banks around the world are getting ready to receive the 3-zero notes. Private banks around the world are already ready.
11-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] There was $800 million flowing per week out of Iraq from the CBI banks illegally. It was being done by the political thieves...money exchangers... Maliki... auctions...fake contacts or directly stealing it and not caring if they were caught. Only the CBI can supervise their banks and they have done a superior job. That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.
11-23-2022 Newshound Guru Kaperoni ...Going to a bank to cash out. There will be very little if any banks that exchange the dinar if and when it ever becomes traded amongst banks. The reason is simple, most banks are conservative by nature...If and when Iraq ever diversifies their economy is in a position to float the dinar it will rise gradually over time. Therefore, you would never want to exchange at a bank you would probably want to engage with some type of currency broker or market maker watching it rise.
11-23-2022 Intel Guru Frank26 Article: "A source in the Central Bank: It is too early to trade 20,000 dinars and no old denomination will be withdrawn". THE MONETARY REFORM TEACHING THE IRAQI CITIZENS MUCH MORE! THE CBI ADMITS THEY ARE GOING TO USE A 20K DINAR...IT'S ALREADY PRINTED...THE MONETARY REFORM EDUCATION AT ITS HIGHEST!
11-23-2022 Intel Guru MarkZ [via PDK] Here is the chatter I am hearing. DOD contacts are still very confident that this week that we are in right now is the week it happens. I have heard this from a couple of sources. I know they missed the 36 hour window on Monday …but they reassure me they are still working to get it done this week. I am still being told by my banking sources here that they absolutely will not work tomorrow. So realistically I believe we are looking at Friday at the earliest.
11-23-2022 Newshound Guru Samson Article: "Expectations of the dollar exchange rate in the 2023 budget" Quote: "The former director of the Office of Financial Supervision, Salah Nuri...There is no change in the exchange rate of the dollar in the 2023 budget, and this is the opinion of both the Ministry of Finance and the Central Bank."
11-23-2022 Intel Guru Frank26 [Community Member bank experience Continued] ...She says, 'You will receive a certificate and the minute that the collections department is complete with your currency they will put the finances into your account is what they told me.' Frank...is there another avenue? FRANK: I would much rather you tell that bank...'thank you manager and helping me but...with all due respect...what happens when you send those dinars to the other bank and they get stollen...or burned up and all my dinars are gone? ...Where are you sending my dinars? What main branch are you taking them to? ...thank you very much. That's where I'm going to go.' That's what you should do IMO. [Post 7 of 7]
11-23-2022 Intel Guru MarkZ [via PDK] [I wonder Is it True that it is 4.81 in Iraq NOW? Could this be factual?] That is what we are hearing for the international rate. I am actually hearing $4.83. We simply won’t know until we get through the door. Does it make sense at that rate? Absolutely. Could it be? Absolutely.
11-23-2022 Intel Guru MarkZ [via PDK] I do have an interesting piece from a redemption center contact in Texas…not one of my usual ones. It was fun and might give us a clue. They are told that the “call center” part will be on call tomorrow. But not the “redemption center” itself…. I find this interesting because they were told they would be on a short “call in” or notice. And this was changed earlier today. So this is potentially exciting. Remember the rest of the world keeps operating even if we have Thanksgiving.
11-23-2022 Newshound Guru Samson Article "In numbers... an unprecedented value for Iraq's foreign reserves" Quote "Iraq's foreign reserves are the highest today in the country's financial history, which amounted to nearly 90 billion dollars...the exported Iraqi currency also amounted to about 150%, meaning that every dinar is exported to Trading in the economy is now covered by foreign exchange one and a half times."
11-23-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-23-2022 Intel Guru MarkZ [via PDK] Today the fact that Iraq is cleaning up corruption has now made it to main stream news. On AP (Associated press) “Auditors in Iraq uncover a staggering $2.5 billion tax fraud” This is an older story out of Iraq that is suddenly getting international attention. Maybe this is some of the smoke we need…just like we saw in Kuwait before they RV’d…
11-23-2022 Intel Guru Frank26 Banks around the world are getting ready to receive the 3-zero notes. Private banks around the world are already ready.
11-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] There was $800 million flowing per week out of Iraq from the CBI banks illegally. It was being done by the political thieves...money exchangers... Maliki... auctions...fake contacts or directly stealing it and not caring if they were caught. Only the CBI can supervise their banks and they have done a superior job. That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.
11-23-2022 Newshound Guru Kaperoni ...Going to a bank to cash out. There will be very little if any banks that exchange the dinar if and when it ever becomes traded amongst banks. The reason is simple, most banks are conservative by nature...If and when Iraq ever diversifies their economy is in a position to float the dinar it will rise gradually over time. Therefore, you would never want to exchange at a bank you would probably want to engage with some type of currency broker or market maker watching it rise.
11-23-2022 Intel Guru Frank26 Article: "A source in the Central Bank: It is too early to trade 20,000 dinars and no old denomination will be withdrawn". THE MONETARY REFORM TEACHING THE IRAQI CITIZENS MUCH MORE! THE CBI ADMITS THEY ARE GOING TO USE A 20K DINAR...IT'S ALREADY PRINTED...THE MONETARY REFORM EDUCATION AT ITS HIGHEST!
11-23-2022 Intel Guru MarkZ [via PDK] Here is the chatter I am hearing. DOD contacts are still very confident that this week that we are in right now is the week it happens. I have heard this from a couple of sources. I know they missed the 36 hour window on Monday …but they reassure me they are still working to get it done this week. I am still being told by my banking sources here that they absolutely will not work tomorrow. So realistically I believe we are looking at Friday at the earliest.
11-23-2022 Newshound Guru Samson Article: "Expectations of the dollar exchange rate in the 2023 budget" Quote: "The former director of the Office of Financial Supervision, Salah Nuri...There is no change in the exchange rate of the dollar in the 2023 budget, and this is the opinion of both the Ministry of Finance and the Central Bank."
11-23-2022 Intel Guru Frank26 [Community Member bank experience Continued] ...She says, 'You will receive a certificate and the minute that the collections department is complete with your currency they will put the finances into your account is what they told me.' Frank...is there another avenue? FRANK: I would much rather you tell that bank...'thank you manager and helping me but...with all due respect...what happens when you send those dinars to the other bank and they get stollen...or burned up and all my dinars are gone? ...Where are you sending my dinars? What main branch are you taking them to? ...thank you very much. That's where I'm going to go.' That's what you should do IMO. [Post 7 of 7]
11-23-2022 Intel Guru MarkZ [via PDK] [I wonder Is it True that it is 4.81 in Iraq NOW? Could this be factual?] That is what we are hearing for the international rate. I am actually hearing $4.83. We simply won’t know until we get through the door. Does it make sense at that rate? Absolutely. Could it be? Absolutely.
11-22-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] And she said, 'Absolutely. The collection department will give you the rate of that day.' I said, 'Well over my dead body am I going to give you my currency without anything from you guys.' She said, 'Precisely, there are going to be banks out there that are not certified to do any of this and they will take your money and will not give you anything. You've got to remember to be very cautious about not just giving your investment to any bank out there. You want to go to the participating banks that are assisting you in this.' [Post 6 of 7]
11-22-2022 Newshound Guru Samson Article: "About $100 billion Iraqi oil revenues in 10 months" Quote: "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars"
11-22-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She says, 'That's correct.' I say, 'What's the process? What do I need to do to bring in my currency and exchange it?' This is what was very interesting. She says, 'You bring in your currency and we take it and we give it to collections for 3 working calendar days.' And I looked at her and said, 'So you're going to take my currency for 3 days and then you're going to give me the value of that currency in that 3 day period?' [Post 5 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] [What about the 36 hours target from yesterday?] It never materialized. I thought it was a bit premature.
11-22-2022 Newshound Guru Kaperoni If and when Iraq decides to begin to raise the value of the Iraqi dinar it will be gradually over time. There is no overnight RV. A country's currency value is a reflection of the success and growth of their economy. So until Iraq passes laws, encourages investment, and their economy diversifies nothing is going to happen.
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She said, 'Yes.' I said, 'I know you're not allowed to tell me the dates or rates or anything like that, but will this happen before the end of the year or is it going to happen next year?' She said it's going to happen before the end of this year. I said, 'Interesting, what protocols do you have that I can come in and exchange my currencies?' I go, 'I know you're not a large participant in this process, I'm assuming you're a satellite bank... you're going to be able to assist in the process?' [Post 4 of 7]
11-22-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" Quote: "Iraq and Washington agree to develop "banking procedures" for Baghdad"
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] FRANK: You sit down...then out of the blue you just come out and ask, 'Is your bank doing any procedures right now. Any work right now on foreign currency that's going to be exchanged?' MEMBER That is correct...I said...Are you gong to be exchanging any currencies in the near future that your new protocols are set in place for. She said, 'yes.' I said, 'There is the Iraqi dinar and...Vietnam dong that I am currently invested in. Are you guys going to be exchanging any of these currencies in the near future?' [Post 3 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] MEMBER: A little history - I had reached out to her about a year ago and she said I can't talk about this at the branch. Maybe I can talk to you some other day. Well that other day came a year later, which was last week...I was very direct...we talked about 20 to 30 minutes...My first question to her was, If she's aware of currencies that are going to be included in her bank system or if she and her staff are learning any new protocols on currencies that are going to be coming into trading where we can come and exchange. [Post 2 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience] FRANK: You called me 2 days ago. You were very excited. Something happened. You were minding your own business and walked into a bank correct? MEMBER: I live in the state of Florida. The bank I'm talking about is called Truist in the Orlando area. I know the VP of the branch that I went to visit...I saw she was alone in her office and I invited myself in... [Post 1 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] This means they need to reinstate their dinar value instead of using US dollars. This is an open conversation in politics over there right now guys. We know it is close…the CBI told us it is close… The Iraqi government told us it is close…the UN, IMF and World Bank has told us it is close. Every agency out there has told us this is close... [post 2 of 2]
11-22-2022 Intel Guru MarkZ [via PDK] Article: “The house of representatives adjourns its session and decides to hold another closed session tomorrow to discuss preserving Iraq’s sovereignty” What is the biggest hindrance to their sovereignty right now? It is their absolute dependence on the US dollar until they revalue their currency… They will never have true sovereignty until they do not have a US based currency…. [post 1 of 2....stay tuned]
11-22-2022 Guru Nader From The Mid East People...keep saying the exchange rate that's in the budget. Me, I don't think its in a budget because the budget have nothing to do with the rate...Maybe I'm wrong. I hope I'm wrong but I don't think I'm wrong.
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] And she said, 'Absolutely. The collection department will give you the rate of that day.' I said, 'Well over my dead body am I going to give you my currency without anything from you guys.' She said, 'Precisely, there are going to be banks out there that are not certified to do any of this and they will take your money and will not give you anything. You've got to remember to be very cautious about not just giving your investment to any bank out there. You want to go to the participating banks that are assisting you in this.' [Post 6 of 7]
11-22-2022 Newshound Guru Samson Article: "About $100 billion Iraqi oil revenues in 10 months" Quote: "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars"
11-22-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She says, 'That's correct.' I say, 'What's the process? What do I need to do to bring in my currency and exchange it?' This is what was very interesting. She says, 'You bring in your currency and we take it and we give it to collections for 3 working calendar days.' And I looked at her and said, 'So you're going to take my currency for 3 days and then you're going to give me the value of that currency in that 3 day period?' [Post 5 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] [What about the 36 hours target from yesterday?] It never materialized. I thought it was a bit premature.
11-22-2022 Newshound Guru Kaperoni If and when Iraq decides to begin to raise the value of the Iraqi dinar it will be gradually over time. There is no overnight RV. A country's currency value is a reflection of the success and growth of their economy. So until Iraq passes laws, encourages investment, and their economy diversifies nothing is going to happen.
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She said, 'Yes.' I said, 'I know you're not allowed to tell me the dates or rates or anything like that, but will this happen before the end of the year or is it going to happen next year?' She said it's going to happen before the end of this year. I said, 'Interesting, what protocols do you have that I can come in and exchange my currencies?' I go, 'I know you're not a large participant in this process, I'm assuming you're a satellite bank... you're going to be able to assist in the process?' [Post 4 of 7]
11-22-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" Quote: "Iraq and Washington agree to develop "banking procedures" for Baghdad"
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] FRANK: You sit down...then out of the blue you just come out and ask, 'Is your bank doing any procedures right now. Any work right now on foreign currency that's going to be exchanged?' MEMBER That is correct...I said...Are you gong to be exchanging any currencies in the near future that your new protocols are set in place for. She said, 'yes.' I said, 'There is the Iraqi dinar and...Vietnam dong that I am currently invested in. Are you guys going to be exchanging any of these currencies in the near future?' [Post 3 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] MEMBER: A little history - I had reached out to her about a year ago and she said I can't talk about this at the branch. Maybe I can talk to you some other day. Well that other day came a year later, which was last week...I was very direct...we talked about 20 to 30 minutes...My first question to her was, If she's aware of currencies that are going to be included in her bank system or if she and her staff are learning any new protocols on currencies that are going to be coming into trading where we can come and exchange. [Post 2 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience] FRANK: You called me 2 days ago. You were very excited. Something happened. You were minding your own business and walked into a bank correct? MEMBER: I live in the state of Florida. The bank I'm talking about is called Truist in the Orlando area. I know the VP of the branch that I went to visit...I saw she was alone in her office and I invited myself in... [Post 1 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] This means they need to reinstate their dinar value instead of using US dollars. This is an open conversation in politics over there right now guys. We know it is close…the CBI told us it is close… The Iraqi government told us it is close…the UN, IMF and World Bank has told us it is close. Every agency out there has told us this is close... [post 2 of 2]
11-22-2022 Intel Guru MarkZ [via PDK] Article: “The house of representatives adjourns its session and decides to hold another closed session tomorrow to discuss preserving Iraq’s sovereignty” What is the biggest hindrance to their sovereignty right now? It is their absolute dependence on the US dollar until they revalue their currency… They will never have true sovereignty until they do not have a US based currency…. [post 1 of 2....stay tuned]
11-22-2022 Guru Nader From The Mid East People...keep saying the exchange rate that's in the budget. Me, I don't think its in a budget because the budget have nothing to do with the rate...Maybe I'm wrong. I hope I'm wrong but I don't think I'm wrong.
11-21-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-21-2022 Intel Guru MarkZ [via PDK] Still hearing great things from banking contacts and Iraqi on the ground contacts...the rates of $4.81 and $11.90 is old…they are recycling a lot of news right now...That being said - I am still hearing that 36 hours is still a target. 36 hours started this morning…so I guess that would be by tomorrow night…that may be premature…we will see.
11-21-2022 Intel Guru Frank26 We already have a seated government, it's just not announced. Let them announce it when they give you the budget law because then that seated government will bust open the piñata of the budget and that budget is explosive!
11-21-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" The banking sector experienced the highest share in trading at 46.9%...companies distributed dividends during October, the commercial bank of Iraq with a dividend yield of 18.4%, the Bank of Baghdad...3.6%...
11-21-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-21-2022 Newshound Guru Kaperoni Remember, Iraq Imports nearly everything and until they build a diverse market economy that is manufacturing, agriculture, they will not be self-sufficient. This is critical.
11-21-2022 Newshound Guru Pimpy Does it benefit Iraq to have a higher exchange rate? No, not right now. They have to rebuild. They have to rebuild their private sectors. They have to rebuild their public sectors. They have infrastructure...The cheaper currency gives them an advantage but we also know a cheaper currency affects...poor people and creates more poverty. As the economy strengthens, the infrastructure strengthens, stability is there..you can see them increasing the value of their currency.
11-21-2022 Intel Guru MarkZ [via PDK] I am hearing they have great expectations of it being posted in the next 36 hours or so…we do not control the timing. It could be sooner or a bit further off…we will see... we are hearing that the “oil for dinar” rate could be up to 3 times higher than the street rate...Starting yesterday afternoon we have been hearing these rumors from many sources. I can tell you conclusively that this rate is not available yet in Iraq at this present moment...Just do not make radical financial decisions on these rumors… [post 2 of 2]
11-21-2022 Intel Guru MarkZ [via PDK] [...there is a rumor the Dinar rate has been released...] ...I am hearing similar guys...I am not hearing those rates have been posted yet, and this is directly from the sandbox. I am hearing from my sources $4.81 and $11.90… We will not know for sure until we are exchanging…imo that seems like a very “pie in the sky“ rate. I do not believe we will see the rate of $11.90... I hope I am wrong. But, the $4.81 rate sounds very plausible…and spot on for the in country and international rate. [post 1 of 2....stay tuned]
11-21-2022 Newshound Guru Samson Article: "A source in the Central Bank: It is too early to trade 20,000 dinars, and no old denomination will be withdrawn" Quote: "no old cash denominations will be withdrawn, and this denomination will be added to the rest of the denominations with the aim of improving and enriching cash circulation."
11-21-2022 Intel Guru Frank26 Question: "Are they going to show us the rate before the budget?" They can. I don't think it's smart...they are but only to the parliament and the cabinet.
11-21-2022 Intel Guru MarkZ [via PDK] Still hearing great things from banking contacts and Iraqi on the ground contacts...the rates of $4.81 and $11.90 is old…they are recycling a lot of news right now...That being said - I am still hearing that 36 hours is still a target. 36 hours started this morning…so I guess that would be by tomorrow night…that may be premature…we will see.
11-21-2022 Intel Guru Frank26 We already have a seated government, it's just not announced. Let them announce it when they give you the budget law because then that seated government will bust open the piñata of the budget and that budget is explosive!
11-21-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" The banking sector experienced the highest share in trading at 46.9%...companies distributed dividends during October, the commercial bank of Iraq with a dividend yield of 18.4%, the Bank of Baghdad...3.6%...
11-21-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-21-2022 Newshound Guru Kaperoni Remember, Iraq Imports nearly everything and until they build a diverse market economy that is manufacturing, agriculture, they will not be self-sufficient. This is critical.
11-21-2022 Newshound Guru Pimpy Does it benefit Iraq to have a higher exchange rate? No, not right now. They have to rebuild. They have to rebuild their private sectors. They have to rebuild their public sectors. They have infrastructure...The cheaper currency gives them an advantage but we also know a cheaper currency affects...poor people and creates more poverty. As the economy strengthens, the infrastructure strengthens, stability is there..you can see them increasing the value of their currency.
11-21-2022 Intel Guru MarkZ [via PDK] I am hearing they have great expectations of it being posted in the next 36 hours or so…we do not control the timing. It could be sooner or a bit further off…we will see... we are hearing that the “oil for dinar” rate could be up to 3 times higher than the street rate...Starting yesterday afternoon we have been hearing these rumors from many sources. I can tell you conclusively that this rate is not available yet in Iraq at this present moment...Just do not make radical financial decisions on these rumors… [post 2 of 2]
11-21-2022 Intel Guru MarkZ [via PDK] [...there is a rumor the Dinar rate has been released...] ...I am hearing similar guys...I am not hearing those rates have been posted yet, and this is directly from the sandbox. I am hearing from my sources $4.81 and $11.90… We will not know for sure until we are exchanging…imo that seems like a very “pie in the sky“ rate. I do not believe we will see the rate of $11.90... I hope I am wrong. But, the $4.81 rate sounds very plausible…and spot on for the in country and international rate. [post 1 of 2....stay tuned]
11-21-2022 Newshound Guru Samson Article: "A source in the Central Bank: It is too early to trade 20,000 dinars, and no old denomination will be withdrawn" Quote: "no old cash denominations will be withdrawn, and this denomination will be added to the rest of the denominations with the aim of improving and enriching cash circulation."
11-21-2022 Intel Guru Frank26 Question: "Are they going to show us the rate before the budget?" They can. I don't think it's smart...they are but only to the parliament and the cabinet.
11-20-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-20-2022 Intel Guru MarkZ [via PDK] They expect the 2023 Iraqi budget by the end of this month or early in Dec. We were told by many sources in Iraq that they expect the new value of the dinar by the CBI before the new budget. This gives us a very short window. I think it’s good news and gives us something to look for. In the last week they have told us that now it falls totally with the CBI. The government has told us they need the new rate for the new budget. I think we are looking at the magical confluence of events to see the value change of at least the Iraqi dinar if not the entire reset.
11-20-2022 Guest Guru BobTheTaxMan Let's talk taxes...[changes] are hidden inside what they call "The Green Book"...when the RV comes to fruition it's going to move you up. It's going to catapult you right into the net they're setting out in front of us...There's going to be "surcharges" on certain high-income taxpayers..The green book proposal would raise the top tax bracket to 39.6% from the current 37% and reduce the applicable income threshold to 400,000 for individuals...$450,000 for married couples filing a joint return.
11-20-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-20-2022 Newshound Guru Kaperoni Iraq literally imports everything into their country for their economy to operate. Until that changes and Iraq diversifies, creates their own economy, begins manufacturing, agriculture, etc. there will be no change in the dinar value. And if and when that day comes it will not change overnight, it will rise gradually over time based on the success of that economy.
11-20-2022 Newshound Guru Pimpy When the exchange rate takes place it isn't going to be for like 7 days and 10 days like I heard some people say. No. When a rate changes that's the rate. You'll have plenty of time once the rate change happens. If it's anything major, make no doubt about it, you're going to hear about it one way or another... [NOTE: Add yourself to the RV Alert List in the blue box at the top of this page...it's free! :)
11-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a two hour program on our Channel 1 news...they said they did an oil exploration and it has confirmed Iraq is basically floating on oil. FRANK: NASA did aerial shots of the territory...and they were able to find out Iraq sits on a lake of oil bigger than Lake Michigan. Bigger than Lake Eire. The whole country is nothing but oil...everywhere you walk the oil squirts out of the sand...oil makes the world go round. Wow...that's one of the reasons why I invested in the Iraqi dinar...
11-20-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" ...the percentage of foreign shares in total trading volume increased from 8.2% in September to 11.3% in October. What this statement means is there was a lot more international money reaching the doorstep of Iraq other than the oil industry.
11-20-2022 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK INITIATIVES.. WIDE ACCLAIM AND TANGIBLE RESULTS FOR IRAQ’S ECONOMY" There is no doubt that the CBI has a long-term plan that began with the devaluation in 2021. It is in the White Paper. But will they continue with the progress they have made or will Al-Sudani give up on the White Paper? He has not mentioned it at all since taking office. Let’s see what he does. He does seem to have some good policies so far if he carries them all out.
11-20-2022 Intel Guru MarkZ [via PDK] Redemption Center contacts are on call for the weekend and will spend a few hours at work Sunday afternoon. My contacts expect a very busy week beginning early in the week...They are looking for things to start very early this week.
11-20-2022 Intel Guru MarkZ [via PDK] They expect the 2023 Iraqi budget by the end of this month or early in Dec. We were told by many sources in Iraq that they expect the new value of the dinar by the CBI before the new budget. This gives us a very short window. I think it’s good news and gives us something to look for. In the last week they have told us that now it falls totally with the CBI. The government has told us they need the new rate for the new budget. I think we are looking at the magical confluence of events to see the value change of at least the Iraqi dinar if not the entire reset.
11-20-2022 Guest Guru BobTheTaxMan Let's talk taxes...[changes] are hidden inside what they call "The Green Book"...when the RV comes to fruition it's going to move you up. It's going to catapult you right into the net they're setting out in front of us...There's going to be "surcharges" on certain high-income taxpayers..The green book proposal would raise the top tax bracket to 39.6% from the current 37% and reduce the applicable income threshold to 400,000 for individuals...$450,000 for married couples filing a joint return.
11-20-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-20-2022 Newshound Guru Kaperoni Iraq literally imports everything into their country for their economy to operate. Until that changes and Iraq diversifies, creates their own economy, begins manufacturing, agriculture, etc. there will be no change in the dinar value. And if and when that day comes it will not change overnight, it will rise gradually over time based on the success of that economy.
11-20-2022 Newshound Guru Pimpy When the exchange rate takes place it isn't going to be for like 7 days and 10 days like I heard some people say. No. When a rate changes that's the rate. You'll have plenty of time once the rate change happens. If it's anything major, make no doubt about it, you're going to hear about it one way or another... [NOTE: Add yourself to the RV Alert List in the blue box at the top of this page...it's free! :)
11-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a two hour program on our Channel 1 news...they said they did an oil exploration and it has confirmed Iraq is basically floating on oil. FRANK: NASA did aerial shots of the territory...and they were able to find out Iraq sits on a lake of oil bigger than Lake Michigan. Bigger than Lake Eire. The whole country is nothing but oil...everywhere you walk the oil squirts out of the sand...oil makes the world go round. Wow...that's one of the reasons why I invested in the Iraqi dinar...
11-20-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" ...the percentage of foreign shares in total trading volume increased from 8.2% in September to 11.3% in October. What this statement means is there was a lot more international money reaching the doorstep of Iraq other than the oil industry.
11-20-2022 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK INITIATIVES.. WIDE ACCLAIM AND TANGIBLE RESULTS FOR IRAQ’S ECONOMY" There is no doubt that the CBI has a long-term plan that began with the devaluation in 2021. It is in the White Paper. But will they continue with the progress they have made or will Al-Sudani give up on the White Paper? He has not mentioned it at all since taking office. Let’s see what he does. He does seem to have some good policies so far if he carries them all out.
11-20-2022 Intel Guru MarkZ [via PDK] Redemption Center contacts are on call for the weekend and will spend a few hours at work Sunday afternoon. My contacts expect a very busy week beginning early in the week...They are looking for things to start very early this week.
11-19-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-19-2022 Newshound Guru Samson Article "Iraq ranks fourth in the world in the production of dates" Quote "raising the production of dates to 735,000 tons, after which Iraq jumped to fourth place in the world in the production of dates, and other achievements in the sector."
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see the United States of America money department has put 14 of our banks on a black list. They are being investigated for corruption. FRANK: Only because the governor of the CBI did it first... FIREFLY: These banks were smuggling money from the auctions to other countries...this is extremely good for us...
11-19-2022 Newshound Guru Pimpy They're not going to tell people when they actually change the rate...they're not going to announce it. It's illegal for them to do this. What we see is a lot of articles speculating.
11-19-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-19-2022 Newshound Guru Kaperoni Iraqi Parliament is not passed a significant law in over 4 years. There are close to 100 outstanding laws that are related to the economy that need to be passed. They are encouraging investment, but investors are staying away until those laws are passed.
11-19-2022 Guru Nader From The Mid East Don't be surprised if the rate is not in the budget. If they don't pass the budget from here to December it's gonna take them 2 or 3 months to try again...I'm 99% sure they're going to pass the budget before 2023
11-19-2022 Newshound Guru Samson Article: "Parliamentary Finance expects the date of the 2023 budget to arrive in Parliament and confirms: the 2022 budget is a creature that was not born" Quote: "We expect that the general budget law for the year 2023 will reach the House of Representatives either at the end of this month or early next month."
11-19-2022 Intel Guru Bruce [via WiserNow] ...we are hearing from two or three different sources that the weekend should be good for us - in terms of notifications...Saturday and Sunday, which makes Monday /Tuesday look good for exchanges...one of our sources has said regarding our exchanges, Monday and Tuesday will be magical days for us... I'm excited about what should happen this weekend and I hope you guys are too.
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's been less and less from the Framework. We really don't see the negativity like we used to before. FRANK: That alone is encouraging ...the pendulum is swinging...the Iraqi citizens and the whole world are realizing what Sudani the new Prime Minister and Mustafa Ghaleb the CBI governor are doing and saying. Oh, dear me it's impressive.
11-19-2022 Newshound Guru Samson Article "Iraq ranks fourth in the world in the production of dates" Quote "raising the production of dates to 735,000 tons, after which Iraq jumped to fourth place in the world in the production of dates, and other achievements in the sector."
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see the United States of America money department has put 14 of our banks on a black list. They are being investigated for corruption. FRANK: Only because the governor of the CBI did it first... FIREFLY: These banks were smuggling money from the auctions to other countries...this is extremely good for us...
11-19-2022 Newshound Guru Pimpy They're not going to tell people when they actually change the rate...they're not going to announce it. It's illegal for them to do this. What we see is a lot of articles speculating.
11-19-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-19-2022 Newshound Guru Kaperoni Iraqi Parliament is not passed a significant law in over 4 years. There are close to 100 outstanding laws that are related to the economy that need to be passed. They are encouraging investment, but investors are staying away until those laws are passed.
11-19-2022 Guru Nader From The Mid East Don't be surprised if the rate is not in the budget. If they don't pass the budget from here to December it's gonna take them 2 or 3 months to try again...I'm 99% sure they're going to pass the budget before 2023
11-19-2022 Newshound Guru Samson Article: "Parliamentary Finance expects the date of the 2023 budget to arrive in Parliament and confirms: the 2022 budget is a creature that was not born" Quote: "We expect that the general budget law for the year 2023 will reach the House of Representatives either at the end of this month or early next month."
11-19-2022 Intel Guru Bruce [via WiserNow] ...we are hearing from two or three different sources that the weekend should be good for us - in terms of notifications...Saturday and Sunday, which makes Monday /Tuesday look good for exchanges...one of our sources has said regarding our exchanges, Monday and Tuesday will be magical days for us... I'm excited about what should happen this weekend and I hope you guys are too.
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's been less and less from the Framework. We really don't see the negativity like we used to before. FRANK: That alone is encouraging ...the pendulum is swinging...the Iraqi citizens and the whole world are realizing what Sudani the new Prime Minister and Mustafa Ghaleb the CBI governor are doing and saying. Oh, dear me it's impressive.
11-18-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-18-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter right now for Iraq and this weekend…AND for Monday for us to start exchanging. We will have to see how this pans out…I am very hesitant to get excited...But, the chatter is really, really good.
11-18-2022 Newshound Guru Kaperoni People need to realize they devalued the Iraqi dinar two years ago for a specific reason they didn't do just because they had nothing better to do. Reducing the dinar from 1170 to 1460 saved Iraq a lot of money, it also stimulates their own economy.
11-18-2022 Intel Guru Bruce [via WiserNow] ...Iraq, is looking to bring out their new in country...dinar rate - meaning in...Iraq...it is way higher than it is. We would be thrilled to get this rate here in the US at our redemption centers, but the rate that we're gonna get is higher yet than what we're talking about for Iraq. They're supposed to bring their new rate out either Saturday or Sunday... I'm not at liberty to tell you what it will be - but it will be very strong, especially for an in country rate for Iraq.
11-18-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-18-2022 Newshound Guru Pimpy Community comment "$1.12 would be nice." I had meeting notes from the Central Bank of Iraq and in there was a lot of talk about the government at the time wanting to change the exchange rate to $1.12...this was when Dr. Shabibi was in control of the Central Bank...this is when Maliki was trying to consolidate all his power...
11-18-2022 Newshound Guru Samson Article: "US oil reserves fell to the lowest level in 38 years" Quote: "The strategic oil reserves in the United States decreased in the week ending November 11, by 4.1 million barrels, or 1%, to 392.1 million barrels, following the weekly review of the Energy Information Administration in the Ministry of Energy in the country. Since March 1984."
11-18-2022 Intel Guru MarkZ [via PDK] Redemption Centers are on call this weekend. We do have a lot of chatter coming out of Iraq about this weekend. About a hoped for change in rate this weekend... So the biggest news is the chatter out of iraq that this is the weekend for a rate change…. I think we are close…we will see over the weekend.
11-18-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL and the census under article 140 and the INOC (Iraq's National Oil Company) and other entities too have agreed with Kurdistan on the HCL. There is no delay. There is no stopping it. That's why you're seeing things move so fast. There are no delays to the budget due to the HCL. All systems are go...
11-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said if the budget gets to parliament by the 9th that by the end of December it will be voted on and passed to the president to sign. This appears to put us in January, anywhere from the 1st on through the 1st quarter. FRANK: If they can get to parliament by the 9th and if they can review it up until the 30th of December then we've got a good chance for the 1st.
11-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES REVEALS URGENT MEASURES TO REDUCE THE EXCHANGE RATE OF THE DOLLAR" Quote: "...new measures will be taken soon to reduce the exchange rate of the dollar." I have to tell you the pressure to “reinstate” the dinar to FOREX is building...
11-18-2022 Newshound Guru Pimpy This government is just now getting formed. It's now starting to rock-and-roll. We're going to see the budget here shortly. We're going to find out what the truth is as far as the exchange rate is concerned....we will find out soon.
11-18-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter right now for Iraq and this weekend…AND for Monday for us to start exchanging. We will have to see how this pans out…I am very hesitant to get excited...But, the chatter is really, really good.
11-18-2022 Newshound Guru Kaperoni People need to realize they devalued the Iraqi dinar two years ago for a specific reason they didn't do just because they had nothing better to do. Reducing the dinar from 1170 to 1460 saved Iraq a lot of money, it also stimulates their own economy.
11-18-2022 Intel Guru Bruce [via WiserNow] ...Iraq, is looking to bring out their new in country...dinar rate - meaning in...Iraq...it is way higher than it is. We would be thrilled to get this rate here in the US at our redemption centers, but the rate that we're gonna get is higher yet than what we're talking about for Iraq. They're supposed to bring their new rate out either Saturday or Sunday... I'm not at liberty to tell you what it will be - but it will be very strong, especially for an in country rate for Iraq.
11-18-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-18-2022 Newshound Guru Pimpy Community comment "$1.12 would be nice." I had meeting notes from the Central Bank of Iraq and in there was a lot of talk about the government at the time wanting to change the exchange rate to $1.12...this was when Dr. Shabibi was in control of the Central Bank...this is when Maliki was trying to consolidate all his power...
11-18-2022 Newshound Guru Samson Article: "US oil reserves fell to the lowest level in 38 years" Quote: "The strategic oil reserves in the United States decreased in the week ending November 11, by 4.1 million barrels, or 1%, to 392.1 million barrels, following the weekly review of the Energy Information Administration in the Ministry of Energy in the country. Since March 1984."
11-18-2022 Intel Guru MarkZ [via PDK] Redemption Centers are on call this weekend. We do have a lot of chatter coming out of Iraq about this weekend. About a hoped for change in rate this weekend... So the biggest news is the chatter out of iraq that this is the weekend for a rate change…. I think we are close…we will see over the weekend.
11-18-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL and the census under article 140 and the INOC (Iraq's National Oil Company) and other entities too have agreed with Kurdistan on the HCL. There is no delay. There is no stopping it. That's why you're seeing things move so fast. There are no delays to the budget due to the HCL. All systems are go...
11-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said if the budget gets to parliament by the 9th that by the end of December it will be voted on and passed to the president to sign. This appears to put us in January, anywhere from the 1st on through the 1st quarter. FRANK: If they can get to parliament by the 9th and if they can review it up until the 30th of December then we've got a good chance for the 1st.
11-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES REVEALS URGENT MEASURES TO REDUCE THE EXCHANGE RATE OF THE DOLLAR" Quote: "...new measures will be taken soon to reduce the exchange rate of the dollar." I have to tell you the pressure to “reinstate” the dinar to FOREX is building...
11-18-2022 Newshound Guru Pimpy This government is just now getting formed. It's now starting to rock-and-roll. We're going to see the budget here shortly. We're going to find out what the truth is as far as the exchange rate is concerned....we will find out soon.
11-17-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-17-2022 Intel Guru Frank26 Question: "Iraq goes along with other countries for reinstatement?" This is reinstatement of their own [currency]. I know there are other monetary reforms occurring right now with other countries but no where at the pace at the level the CBI is at right now. If I knew of such a thing I would have invested in their currency too.
11-17-2022 Intel Guru MarkZ [via PDK] We have had a lot of chatter today about this weekend. I don’t know if it will pan out but, it’s exciting to hear it because of where it is coming from. It’s coming from inside the sand box itself...One of my sources is with the finance ministry and they really do think…and are very hopeful that this is the weekend. I really hope this is it…
11-17-2022 Guru Nader From The Mid East Somebody asking me if you have any dinar. Yes I have dinars. But the problem, I don't have them over here. The problem, I have them in Iraq. You cannot take them out from Iraq. There are the policy says you cannot take more than 10,000 dinars.
11-17-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-17-2022 Newshound Guru Kaperoni Gurus MarkZ and Mtn Goat claim Iraq is going to delete the zeros. If this is the CBI's decision it is not good because it's a neutral event/LOP. This is not what we want to see. The best solution is for the economy to grow and as a result the dinar rises gradually.
11-17-2022 Newshound Guru Pimpy Still almost every day an article about the change in the Iraqi dinar rate. What it does is pump a lot of hope into the whole dinar arena. But what I keep telling people is you got to listen where the information is coming from. If the CBI is talking about it, which it's not going to ever happen. They'll never openly talk about changing the rate in public...they might deny rumors...
11-17-2022 Intel Guru MarkZ [via PDK] There is still massive silence on the RV front. No bad news…no news at all. I cannot get a peep or whisper out of any of my sources.
11-17-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying the budget should be in parliament by the 9th of December. FRANK: The 9th is crucial. We need to see this government seated, parliament seated, the Cabinet announced, everything by the 9th...From the 9th to the 31th of December they're going to review the budget...then on the 1st IMO they can launch it and make it official. They can release all the information that's in it.
11-17-2022 Newshound Guru Samson Article: "Parliamentary Oil: The Oil and Gas Law has not been canceled, but rather postponed for this reason" Quote: "The law has not been canceled, but rather postponed, and may be presented in the next legislative term."
11-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani orders formation of a High Board Commission to fight corruption, along with a team to support it.
11-17-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE RULES OUT A CHANGE IN THE VALUE OF THE DINAR AGAINST THE DOLLAR IN THE BUDGET" ...Anybody listening to the Finance Ministry of Iraq? ...There will be no RV rate in the budget when it comes out.
11-17-2022 Intel Guru Frank26 Question: "Iraq goes along with other countries for reinstatement?" This is reinstatement of their own [currency]. I know there are other monetary reforms occurring right now with other countries but no where at the pace at the level the CBI is at right now. If I knew of such a thing I would have invested in their currency too.
11-17-2022 Intel Guru MarkZ [via PDK] We have had a lot of chatter today about this weekend. I don’t know if it will pan out but, it’s exciting to hear it because of where it is coming from. It’s coming from inside the sand box itself...One of my sources is with the finance ministry and they really do think…and are very hopeful that this is the weekend. I really hope this is it…
11-17-2022 Guru Nader From The Mid East Somebody asking me if you have any dinar. Yes I have dinars. But the problem, I don't have them over here. The problem, I have them in Iraq. You cannot take them out from Iraq. There are the policy says you cannot take more than 10,000 dinars.
11-17-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-17-2022 Newshound Guru Kaperoni Gurus MarkZ and Mtn Goat claim Iraq is going to delete the zeros. If this is the CBI's decision it is not good because it's a neutral event/LOP. This is not what we want to see. The best solution is for the economy to grow and as a result the dinar rises gradually.
11-17-2022 Newshound Guru Pimpy Still almost every day an article about the change in the Iraqi dinar rate. What it does is pump a lot of hope into the whole dinar arena. But what I keep telling people is you got to listen where the information is coming from. If the CBI is talking about it, which it's not going to ever happen. They'll never openly talk about changing the rate in public...they might deny rumors...
11-17-2022 Intel Guru MarkZ [via PDK] There is still massive silence on the RV front. No bad news…no news at all. I cannot get a peep or whisper out of any of my sources.
11-17-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying the budget should be in parliament by the 9th of December. FRANK: The 9th is crucial. We need to see this government seated, parliament seated, the Cabinet announced, everything by the 9th...From the 9th to the 31th of December they're going to review the budget...then on the 1st IMO they can launch it and make it official. They can release all the information that's in it.
11-17-2022 Newshound Guru Samson Article: "Parliamentary Oil: The Oil and Gas Law has not been canceled, but rather postponed for this reason" Quote: "The law has not been canceled, but rather postponed, and may be presented in the next legislative term."
11-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani orders formation of a High Board Commission to fight corruption, along with a team to support it.
11-17-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE RULES OUT A CHANGE IN THE VALUE OF THE DINAR AGAINST THE DOLLAR IN THE BUDGET" ...Anybody listening to the Finance Ministry of Iraq? ...There will be no RV rate in the budget when it comes out.
11-16-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-16-2022 Intel Guru MarkZ [via PDK] [A lot of gurus are saying go time is now Jan 1st. Your thoughts?] No, I think “go time” is sooner than that. It is S*** or get off the pot time…
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news and he's giving praise for the new Development Bank of Iraq that is opening a branch in Dubai...he is bragging how this will help develop Iraq's private sector. We are excited... FRANK: Why would Dubai be excited about a program rate? Oh, excuse me! They are not LOL! FIREFLY: Dubai is all about the money.
11-16-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everyone knows this is coming. The CBI is not going to come out and give you that date. The same thing with Kuwait and China they came out and denied it until the day they set their RV or RI. And laws in their constitution prevent telegraphing any date.
11-16-2022 Newshound Guru Jeff The only way you're going to know the truth about this investment is to dive in at a very deep level and observe and witness their actions...through their actions you can clearly see what their motives and intentions are...if you study it at the surface this is what you're going to get right here... article quote "the current price will be fixed for many more years to come"
11-16-2022 Intel Guru Bruce [via WiserNow] It looks as though where we had information showing that we would get some notifications to come out either tomorrow [Wednesday] afternoon or Thursday. One Source that appears to have a pretty good line of information is pointing to everything being shifted to the...19th or 20th of this month, which is Saturday or Sunday... we're looking at exchanges to start either Monday or Tuesday of next week.
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is at a conference in Dubai...they're talking about how the Iraqi banking sector is ready to push forward not only inside of Iraq but around the world. FRANK: Yes money makes the world go round...I don't know if you realize it but you are very close. FIREFLY: Yes sir.
11-16-2022 Intel Guru MarkZ [via PDK] In a nutshell this is an interesting spin to lock down the money system on money moving in and out without saying what they are getting ready to do. I think it would be the perfect cover…especially since we know that their goal for right now over the next days, hours ,weeks is to finish the rv and delete the zeros. I am taking this article as a positive sign. This is what we expect to see before they reset their currency values. Not allowing big money to move in and out to take advantage of the revaluation of the dinar. [post 2 of 2]
11-16-2022 Intel Guru MarkZ [via PDK] There is a bit of Iraqi news which I think is positive. “The US Federal Reserve suspends money transfers to 14 Iraqi Banks” I think this is fantastic. Supposedly they are going after anything illicit and have frozen the “ins and outs” of the banks. What is one of the very first things they did in Kuwait just before they revalued? They froze all the money going in and out of the country so that people could not manipulate or take advantage…this may be an exceptionally good sign for us. [post 1 of 2....stay tuned]
11-16-2022 Newshound Guru Pimpy There has been a lot of talk about the Iraqi dinar exchange rate change and what we can expect and what is going on...there's been a lot of talk about this up and coming budget...I'm shocked at how fast they're putting this thing together, usually takes forever...I'm hearing from all kinds of people saying don't trust the news, they're lying, the rate change is going to be in there. It goes back and forth...nobody knows...It's all speculation...
11-16-2022 Newshound Guru Samson Article: "Iraq is the fifth largest oil producer in the world" Quote: "...the United States, which came first at a rate of 11.567 million barrels per day, and Russia came second with a rate of 10,503 million barrels. per day, and then Saudi Arabia came third with a rate of 10.225 million barrels per day, and Canada came fourth with a rate of 4.665 million barrels per day."
11-16-2022 Newshound/Intel Guru Mnt Goat I have talked to my CBI contact and I am still being told the work is being done to soon conduct the project to delete the zeros. ...we will just have to wait and see what happens. Time is running very short and January is almost here.
11-16-2022 Newshound Guru Pimpy My hopes are that once all the reform has taken place that we're going to be able to see Iraqi [dinar] being bought and sold again at our local banks. They should have the restrictions removed off of them and hopefully we see them on the Forex. Then the market will determine the actual value or the Iraqi dinar...
11-16-2022 Intel Guru MarkZ [via PDK] [A lot of gurus are saying go time is now Jan 1st. Your thoughts?] No, I think “go time” is sooner than that. It is S*** or get off the pot time…
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news and he's giving praise for the new Development Bank of Iraq that is opening a branch in Dubai...he is bragging how this will help develop Iraq's private sector. We are excited... FRANK: Why would Dubai be excited about a program rate? Oh, excuse me! They are not LOL! FIREFLY: Dubai is all about the money.
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11-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everyone knows this is coming. The CBI is not going to come out and give you that date. The same thing with Kuwait and China they came out and denied it until the day they set their RV or RI. And laws in their constitution prevent telegraphing any date.
11-16-2022 Newshound Guru Jeff The only way you're going to know the truth about this investment is to dive in at a very deep level and observe and witness their actions...through their actions you can clearly see what their motives and intentions are...if you study it at the surface this is what you're going to get right here... article quote "the current price will be fixed for many more years to come"
11-16-2022 Intel Guru Bruce [via WiserNow] It looks as though where we had information showing that we would get some notifications to come out either tomorrow [Wednesday] afternoon or Thursday. One Source that appears to have a pretty good line of information is pointing to everything being shifted to the...19th or 20th of this month, which is Saturday or Sunday... we're looking at exchanges to start either Monday or Tuesday of next week.
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is at a conference in Dubai...they're talking about how the Iraqi banking sector is ready to push forward not only inside of Iraq but around the world. FRANK: Yes money makes the world go round...I don't know if you realize it but you are very close. FIREFLY: Yes sir.
11-16-2022 Intel Guru MarkZ [via PDK] In a nutshell this is an interesting spin to lock down the money system on money moving in and out without saying what they are getting ready to do. I think it would be the perfect cover…especially since we know that their goal for right now over the next days, hours ,weeks is to finish the rv and delete the zeros. I am taking this article as a positive sign. This is what we expect to see before they reset their currency values. Not allowing big money to move in and out to take advantage of the revaluation of the dinar. [post 2 of 2]
11-16-2022 Intel Guru MarkZ [via PDK] There is a bit of Iraqi news which I think is positive. “The US Federal Reserve suspends money transfers to 14 Iraqi Banks” I think this is fantastic. Supposedly they are going after anything illicit and have frozen the “ins and outs” of the banks. What is one of the very first things they did in Kuwait just before they revalued? They froze all the money going in and out of the country so that people could not manipulate or take advantage…this may be an exceptionally good sign for us. [post 1 of 2....stay tuned]
11-16-2022 Newshound Guru Pimpy There has been a lot of talk about the Iraqi dinar exchange rate change and what we can expect and what is going on...there's been a lot of talk about this up and coming budget...I'm shocked at how fast they're putting this thing together, usually takes forever...I'm hearing from all kinds of people saying don't trust the news, they're lying, the rate change is going to be in there. It goes back and forth...nobody knows...It's all speculation...
11-16-2022 Newshound Guru Samson Article: "Iraq is the fifth largest oil producer in the world" Quote: "...the United States, which came first at a rate of 11.567 million barrels per day, and Russia came second with a rate of 10,503 million barrels. per day, and then Saudi Arabia came third with a rate of 10.225 million barrels per day, and Canada came fourth with a rate of 4.665 million barrels per day."
11-16-2022 Newshound/Intel Guru Mnt Goat I have talked to my CBI contact and I am still being told the work is being done to soon conduct the project to delete the zeros. ...we will just have to wait and see what happens. Time is running very short and January is almost here.
11-16-2022 Newshound Guru Pimpy My hopes are that once all the reform has taken place that we're going to be able to see Iraqi [dinar] being bought and sold again at our local banks. They should have the restrictions removed off of them and hopefully we see them on the Forex. Then the market will determine the actual value or the Iraqi dinar...
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11-15-2022 Intel Guru MarkZ [via PDK] [Do you think we will see the RV before the end of the year?] I really do. I think we will see it before the end of this year...imo, we are watching it come together...I believe we are on the cusp and could go at any moment.
11-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is constantly telling us the rate will not be changed upon the '23 budget. But that does not bother us anymore...we simply wait and see. FRANK: I don't care that it comes from the CBI because it's not coming from the governor. It's coming from the liars of the Framework...if you see the governor come out and tell you then we would consider it. But he is not...
11-15-2022 Newshound Guru Sandy Ingram Article: "Iraq unveils 'strategic project' to boost oil reserves" Iraq is literally floating on oil...Iraq is serious about offshore exploration...they know the oil is there, it's just a matter of getting access to this massive amount of oil...
11-15-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
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11-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] To say that there is no rate change that is coming...that's baloney. No one can come out and say there will be no rate change for years to come. That's not logical...an exchange rate can and will fluctuate. And the CBI cannot predict those changes. Especially not years down the road...
11-15-2022 Intel Guru MarkZ [via PDK] Question: Mark, can you explain why/how Kuwait revalued so quick compared with Vietnam or Iraq. MarkZ: There wasn’t as much to be gained when Kuwait changed value. It was a smaller country with bigger reserves. It was more stable and very easy to pull off. No internet or computers back then so it was easy for them. When they did go- they were able to keep the new rate quiet for about 10 days. I guarantee you that Iraq would have already changed value if we had not found out about it. The goal was never to reward us…it was for the Cheney/Bush crowd…the elites….
11-15-2022 Newshound Guru Samson Article: "Economist: Iraq's association with the International Monetary Fund prevents resorting to a devaluation of the dollar" Quote: "Saleh Al-Hamashi, explained that changing the value of the dollar against the dinar is not possible during the current period, especially with Iraq's association with the International Monetary Fund, as devaluation will lose confidence with this fund."
11-15-2022 Intel Guru Frank26 Article: "Al-Mandalawi stresses the need to expedite the presentation of the budget law" THIS IS THE LAW THAT WILL GIVE IRAQ ITS BUDGET, ITS REFORM, ITS WHITE PAPERS, ITS CONTRACTS, & ITS EXCHANGE RATE WITH NSCN's TO MATCH THE MATH.
11-15-2022 Newshound Guru Kaperoni [aka NORV] According to Mazhar Muhammad Salih, the government's financial advisor, there may be an option to gradually increase the value of the dinar. He said, "Any future adjustment of the exchange rate must be implemented gradually over one year to provide the appropriate climate for price adjustment. " There is nothing random to an increase in the value of the dinar. We all will know because Iraq's economy will begin to prosper. When they start manufacturing products and create a diverse economy away from just oil then the central bank will float the dinar and the currency will begin to rise as the economy grows. That's how currencies work...
11-15-2022 Newshound/Intel Guru RVAlready I am pretty sure the CBI has given the Finance Minister the RV rate, else they would have no basis for the budget!!!
11-15-2022 Intel Guru MarkZ [via PDK] Just about every agency out there The UN…IMF…and including the CBI have told us they do not need permission to change the rate but, there are articles coming out from no name ministers saying they are not going to vote to change the rate yet…. Well, they don’t have to vote to change the rate. The CBI is in charge of that now. The GOI did their part and now it’s up to the CBI.
11-15-2022 Intel Guru MarkZ [via PDK] [Do you think we will see the RV before the end of the year?] I really do. I think we will see it before the end of this year...imo, we are watching it come together...I believe we are on the cusp and could go at any moment.
11-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is constantly telling us the rate will not be changed upon the '23 budget. But that does not bother us anymore...we simply wait and see. FRANK: I don't care that it comes from the CBI because it's not coming from the governor. It's coming from the liars of the Framework...if you see the governor come out and tell you then we would consider it. But he is not...
11-15-2022 Newshound Guru Sandy Ingram Article: "Iraq unveils 'strategic project' to boost oil reserves" Iraq is literally floating on oil...Iraq is serious about offshore exploration...they know the oil is there, it's just a matter of getting access to this massive amount of oil...
11-15-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] To say that there is no rate change that is coming...that's baloney. No one can come out and say there will be no rate change for years to come. That's not logical...an exchange rate can and will fluctuate. And the CBI cannot predict those changes. Especially not years down the road...
11-15-2022 Intel Guru MarkZ [via PDK] Question: Mark, can you explain why/how Kuwait revalued so quick compared with Vietnam or Iraq. MarkZ: There wasn’t as much to be gained when Kuwait changed value. It was a smaller country with bigger reserves. It was more stable and very easy to pull off. No internet or computers back then so it was easy for them. When they did go- they were able to keep the new rate quiet for about 10 days. I guarantee you that Iraq would have already changed value if we had not found out about it. The goal was never to reward us…it was for the Cheney/Bush crowd…the elites….
11-15-2022 Newshound Guru Samson Article: "Economist: Iraq's association with the International Monetary Fund prevents resorting to a devaluation of the dollar" Quote: "Saleh Al-Hamashi, explained that changing the value of the dollar against the dinar is not possible during the current period, especially with Iraq's association with the International Monetary Fund, as devaluation will lose confidence with this fund."
11-15-2022 Intel Guru Frank26 Article: "Al-Mandalawi stresses the need to expedite the presentation of the budget law" THIS IS THE LAW THAT WILL GIVE IRAQ ITS BUDGET, ITS REFORM, ITS WHITE PAPERS, ITS CONTRACTS, & ITS EXCHANGE RATE WITH NSCN's TO MATCH THE MATH.
11-15-2022 Newshound Guru Kaperoni [aka NORV] According to Mazhar Muhammad Salih, the government's financial advisor, there may be an option to gradually increase the value of the dinar. He said, "Any future adjustment of the exchange rate must be implemented gradually over one year to provide the appropriate climate for price adjustment. " There is nothing random to an increase in the value of the dinar. We all will know because Iraq's economy will begin to prosper. When they start manufacturing products and create a diverse economy away from just oil then the central bank will float the dinar and the currency will begin to rise as the economy grows. That's how currencies work...
11-15-2022 Newshound/Intel Guru RVAlready I am pretty sure the CBI has given the Finance Minister the RV rate, else they would have no basis for the budget!!!
11-15-2022 Intel Guru MarkZ [via PDK] Just about every agency out there The UN…IMF…and including the CBI have told us they do not need permission to change the rate but, there are articles coming out from no name ministers saying they are not going to vote to change the rate yet…. Well, they don’t have to vote to change the rate. The CBI is in charge of that now. The GOI did their part and now it’s up to the CBI.
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11-14-2022 Newshound Guru Pimpy You have the prime minister and the Central Bank saying there's no intentions on changing the rate...it's not going to take long until we find out what's really going on. As soon as the draft budget comes out and we see it we're gonna know if there's a rate change in there and if there is one, how much.
11-14-2022 Intel Guru MarkZ [via PDK] Lots of good chatter but nothing I would consider solid news tonight. Sources are still upbeat but, nothing is moving. [...Iraq has told the people that things will happen this month. Budget is supposed to be sent for approval...the 15th of this month.] I am absolutely hearing the same thing. It’s ante up time.
11-13-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-14-2022 Newshound Guru Breitling 90% of their [Iraq's] economy is based on oil/petroleum products. So that means they have a great and fantastic future...the world is not about to give up its oil...they have a product that's...use is important. It's not gonna go away. The question is when do they get in the market? What do they diversify? And how do they diversify? It's adding value to their currency and to do that they have to pass banking laws...
11-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All these deals with other countries can't stay at a program rate. We feel it will...not mess around with any of this 1190 mess but straight to 1 to 1 and then float from there. Too many deals with too many countries that are taking major investments here. FRANK: There you go...now you're understanding and you are applying logic to what you are seeing with your own eyes from your leaders...things are moving at a very fast pace...when you see the international contracts being activated right in front of your eyes, before the 2023 budget is even open that tells me your new exchange rate is solid and as strong as titanium.
11-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] All past budgets of Iraq have had a rate line item to calculate the budget's expenditures. When you see the historical 2023 budget its goals are not a reality with a program rate. That's why the CBI now educates the citizen at a faster quicker pace about the new exchange rate and about the new small category notes to match that new rate. That new rate is coming to a bank near you.
11-14-2022 Newshound Guru Jeff ...You're in the middle of a budget period right now so they can't revalue the currency during the middle of a budget period because budgets are calculated off the value of the currency. If they were to try to change the exchange rate in the middle of a budget they would have to amend that budget and plug new numbers and values into the budget. That's the only way they could do it. Right now they don't have any intentions of amending the budget. That's not what their intentions are...
11-14-2022 Guru Nader From The Mid East A lot of talk about the budget. They're gonna pass it November/December...they said between the 18th and 22nd (this month). I think they're gonna pass it. They have no choice...Here's the thing. I always expect the worst...don't think it's gonna change the day after the budget comes out...you never know...even if the exchange rate is in the budget I think it's not going to be what we think. It's gonna graduate though from there.
11-14-2022 Newshound Guru Pimpy Article quote "...according to Saleh, a government adviser, there may be an option to gradually increase the value of the dinar. 'Any future adjustment of the exchange rate must be gradually implemented over a one year period to provide an appropriate climate for price adjustment...' I've stated before...the best move is to do it in increments and that's what it sounds like Saleh is saying...I'd rather have a thousand baby steps to get there than to sit here for years and years with no change...
11-14-2022 Intel Guru MarkZ [via PDK] Question: What are you thinking on timing? Are you still thinking before Thanksgiving? MarkZ: Bankers are still excited and very upbeat. There is a lot of chatter out of Iraq for this week. News out if Iraq “Al Sudani begins the first procedures to activate the Iraqi private sector” also “Economic circles welcome the opening of an Iraqi bank branch in Dubai” They want investment in Iraq and they want to build their economy. To do that you need an international currency.
11-14-2022 Newshound Guru Militiaman Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" We can clearly see that they have enough reserves to last 22 months. The world average is 11 months per the World Bank... That level of reserves is very good...They will need stability and appear to have that largely covered. They do tell us their money supply...The average value of a note issued (six billion of them) is roughly 13,833 per note.
11-14-2022 Newshound/Intel Guru RVAlready Looks like the finish line coming soon.
11-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad". CBI GOV TELLS THE IRAQI CITIZENS ABOUT THE SATELLITE BANKS INTERNATIONALLY.
11-14-2022 Newshound Guru Pimpy You have the prime minister and the Central Bank saying there's no intentions on changing the rate...it's not going to take long until we find out what's really going on. As soon as the draft budget comes out and we see it we're gonna know if there's a rate change in there and if there is one, how much.
11-14-2022 Intel Guru MarkZ [via PDK] Lots of good chatter but nothing I would consider solid news tonight. Sources are still upbeat but, nothing is moving. [...Iraq has told the people that things will happen this month. Budget is supposed to be sent for approval...the 15th of this month.] I am absolutely hearing the same thing. It’s ante up time.
11-13-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-14-2022 Newshound Guru Breitling 90% of their [Iraq's] economy is based on oil/petroleum products. So that means they have a great and fantastic future...the world is not about to give up its oil...they have a product that's...use is important. It's not gonna go away. The question is when do they get in the market? What do they diversify? And how do they diversify? It's adding value to their currency and to do that they have to pass banking laws...
11-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All these deals with other countries can't stay at a program rate. We feel it will...not mess around with any of this 1190 mess but straight to 1 to 1 and then float from there. Too many deals with too many countries that are taking major investments here. FRANK: There you go...now you're understanding and you are applying logic to what you are seeing with your own eyes from your leaders...things are moving at a very fast pace...when you see the international contracts being activated right in front of your eyes, before the 2023 budget is even open that tells me your new exchange rate is solid and as strong as titanium.
11-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] All past budgets of Iraq have had a rate line item to calculate the budget's expenditures. When you see the historical 2023 budget its goals are not a reality with a program rate. That's why the CBI now educates the citizen at a faster quicker pace about the new exchange rate and about the new small category notes to match that new rate. That new rate is coming to a bank near you.
11-14-2022 Newshound Guru Jeff ...You're in the middle of a budget period right now so they can't revalue the currency during the middle of a budget period because budgets are calculated off the value of the currency. If they were to try to change the exchange rate in the middle of a budget they would have to amend that budget and plug new numbers and values into the budget. That's the only way they could do it. Right now they don't have any intentions of amending the budget. That's not what their intentions are...
11-14-2022 Guru Nader From The Mid East A lot of talk about the budget. They're gonna pass it November/December...they said between the 18th and 22nd (this month). I think they're gonna pass it. They have no choice...Here's the thing. I always expect the worst...don't think it's gonna change the day after the budget comes out...you never know...even if the exchange rate is in the budget I think it's not going to be what we think. It's gonna graduate though from there.
11-14-2022 Newshound Guru Pimpy Article quote "...according to Saleh, a government adviser, there may be an option to gradually increase the value of the dinar. 'Any future adjustment of the exchange rate must be gradually implemented over a one year period to provide an appropriate climate for price adjustment...' I've stated before...the best move is to do it in increments and that's what it sounds like Saleh is saying...I'd rather have a thousand baby steps to get there than to sit here for years and years with no change...
11-14-2022 Intel Guru MarkZ [via PDK] Question: What are you thinking on timing? Are you still thinking before Thanksgiving? MarkZ: Bankers are still excited and very upbeat. There is a lot of chatter out of Iraq for this week. News out if Iraq “Al Sudani begins the first procedures to activate the Iraqi private sector” also “Economic circles welcome the opening of an Iraqi bank branch in Dubai” They want investment in Iraq and they want to build their economy. To do that you need an international currency.
11-14-2022 Newshound Guru Militiaman Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" We can clearly see that they have enough reserves to last 22 months. The world average is 11 months per the World Bank... That level of reserves is very good...They will need stability and appear to have that largely covered. They do tell us their money supply...The average value of a note issued (six billion of them) is roughly 13,833 per note.
11-14-2022 Newshound/Intel Guru RVAlready Looks like the finish line coming soon.
11-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad". CBI GOV TELLS THE IRAQI CITIZENS ABOUT THE SATELLITE BANKS INTERNATIONALLY.
11-13-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-13-2022 Newshound Guru Pimpy You have to pay attention to who's giving you the news. Article: "Will Iraq's new government reconsider dinar exchange rate?" You can see right here Quote: "a number of leaders of the Coordination Framework..." Who has been benefiting from putting out there all kinds of rumors causing speculators to run and grab up the dinar and then they make money off this...unless it comes from the Central Bank of Iraq I wouldn't trust the news too much especially since we're talking about the Coordinating Framework...
11-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] [We] are looking at it more as a 1 to 1 where they will eventually float...I love the fact that...all they talk about everyday in the streets is about a new exchange rate. That tells me the CBI has been very successful in the education of the monetary reform...
11-13-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-13-2022 Newshound Guru Jeff Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term 'corruption pandemic" The central bank and the government are autonomous...the government has no decision making, period, in adjusting the exchange rate. It's in the hands of the central bank and it's proven to you right here. Quote: "the Central bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate."
11-13-2022 Newshound Guru MilitiaMan Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" The CBI opening a bank internationally with confidence is obviously a mile stone for the bank. An international move that is likely a sign of things to come.. Timing is perfect.
11-13-2022 Newshound Guru Sandy Ingram Quote: "Money is the lifeblood and the means of development and prosperity, and we calculate that our banking sector is qualified to play the roles that everyone aspires to." We rarely hear from the Central Bank of Iraq...but since the Saudi Wealth Fund is investing in Iraq we are learning more about the CBI in the news... [Post 2 of 2]
11-13-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq is participating in the Autumn Conference of the Iraqi British Business Council which opened...Thursday in Dubai. The governor made several statements however this one statement is akin to what we hope to hear and see in Iraq... [Post 1 of 2....stay tuned]
11-13-2022 Intel Guru Frank26 Once we have a seated government then you'll have a budget that you can open like a piñata and then you'll see the things that are in there...as far as the rate, we need the government announced and seated and then you'll see the budget.
11-13-2022 Newshound Guru Pimpy I know people are talking about there being a rate change inside the budget. I've mentioned that article as well, only to hear the Central Bank of Iraq come out the next day saying that it wasn't true. Remember the people that are supposed to make the announcement are the Central Bank not the government of Iraq...
11-13-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXPECTS THE DATE FOR APPROVING THE 2023 BUDGET" ...I have to tell you don’t expect the budget until 2023...Yes, I certainly hope they will send it to parliament this month of Nov and quickly read it and pass it. But come’on folks, this is Iraq.
11-13-2022 Newshound Guru Pimpy You have to pay attention to who's giving you the news. Article: "Will Iraq's new government reconsider dinar exchange rate?" You can see right here Quote: "a number of leaders of the Coordination Framework..." Who has been benefiting from putting out there all kinds of rumors causing speculators to run and grab up the dinar and then they make money off this...unless it comes from the Central Bank of Iraq I wouldn't trust the news too much especially since we're talking about the Coordinating Framework...
11-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] [We] are looking at it more as a 1 to 1 where they will eventually float...I love the fact that...all they talk about everyday in the streets is about a new exchange rate. That tells me the CBI has been very successful in the education of the monetary reform...
11-13-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-13-2022 Newshound Guru Jeff Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term 'corruption pandemic" The central bank and the government are autonomous...the government has no decision making, period, in adjusting the exchange rate. It's in the hands of the central bank and it's proven to you right here. Quote: "the Central bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate."
11-13-2022 Newshound Guru MilitiaMan Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" The CBI opening a bank internationally with confidence is obviously a mile stone for the bank. An international move that is likely a sign of things to come.. Timing is perfect.
11-13-2022 Newshound Guru Sandy Ingram Quote: "Money is the lifeblood and the means of development and prosperity, and we calculate that our banking sector is qualified to play the roles that everyone aspires to." We rarely hear from the Central Bank of Iraq...but since the Saudi Wealth Fund is investing in Iraq we are learning more about the CBI in the news... [Post 2 of 2]
11-13-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq is participating in the Autumn Conference of the Iraqi British Business Council which opened...Thursday in Dubai. The governor made several statements however this one statement is akin to what we hope to hear and see in Iraq... [Post 1 of 2....stay tuned]
11-13-2022 Intel Guru Frank26 Once we have a seated government then you'll have a budget that you can open like a piñata and then you'll see the things that are in there...as far as the rate, we need the government announced and seated and then you'll see the budget.
11-13-2022 Newshound Guru Pimpy I know people are talking about there being a rate change inside the budget. I've mentioned that article as well, only to hear the Central Bank of Iraq come out the next day saying that it wasn't true. Remember the people that are supposed to make the announcement are the Central Bank not the government of Iraq...
11-13-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXPECTS THE DATE FOR APPROVING THE 2023 BUDGET" ...I have to tell you don’t expect the budget until 2023...Yes, I certainly hope they will send it to parliament this month of Nov and quickly read it and pass it. But come’on folks, this is Iraq.
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11-12-2022 Intel Guru Frank26 ...Once you see a seated and announced government...you will see your budget...white pagers...exchange rate...new small category notes. It may still be a little bit out before we get there but everything we are saying is confirming where we are heading...
11-12-2022 Guru Nader From The Mid East From the beginning I said the exchange rate it's not under the budget and it's not going to be in a budget. The CBI who make the decision. It's not the government. The government can vote for it and push the CBI but if the CBI says no it's no. There's no choice.
11-12-2022 Newshound Guru Pimpy A currency that has an increased value benefits Iraq if they're mostly importing because you want to have more for purchasing power. If they want to be big in exporting to the international community then obviously a cheaper currency is what they want. If they are a country that does more importing than exporting a higher currency is what you want because you have more purchasing power.
11-12-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-12-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Opening the first private sector bank outside of Iraq is not a small accomplishment. It actually has massive implications, imo. Internationalism is a big deal and it will require an international relationship at a higher level than it is today.
11-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] All historical redenominations have occurred in an orderly fashion...IMO when they release the 2023 budget into law it will be before 2023. IMO the first quarter of 2023 will allow all of this to be shown. The last quarter of 2022 is also important to set up the 2023 budget in the first quarter for constitutional and accounting reasons and for it to become law...so far all is on course. Everyone is on the same page...The CBI and GOI are now married and on their honeymoon.
11-12-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front…it really is dead silent from top to bottom. I believe silence is golden…but I could be wrong. Contacts have given me their clear expectations and we are still in that window...I know it’s frustrating…we are all tired and want to see big changes...They have done everything… It is now in the CBI’s hands. We are just waiting on a rate change.
11-12-2022 Newshound Guru Jeff Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Remember guys do to insider trading laws Iraq cannot and will not tell you they plan to increase their exchange rate...they can't tell you an increase is coming it's a violation of insider trading laws...
11-12-2022 Newshound Guru Samson Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Quote: "Ghaleb said...the Development Bank "opened branches inside Iraq and spread in almost all governorates, and worked to provide international requirements and standards for launching to the regional region, and its first step was the UAE"
11-12-2022 Newshound Guru Pimpy Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" We know the Coordinating Framework as well as Sadr made promises to have the rate change happen...the governor of the Central Bank of Iraq says...they have no intentions of changing it for a few years...
11-12-2022 Intel Guru MarkZ [via PDK] "Iraq’s 2023 budget is expected to be its largest yet" [Guru] Nader...talks about them voting on their new budget… I am hearing we are expecting to get a rate with that vote. This is expected in the month of November. That is what I hear from my finance minister contacts over there.
11-12-2022 Intel Guru Frank26 Article: "Al-Sudani is preparing to launch a 'big reform project'..." [BOTH THE ECONOMIC & MONETARY REFORMS] "...for the economy". A PROGRAM RATE CANNOT DO THIS THAT'S WHY SUDANI TOLD THE IRAQI CITIZENS WE ARE ADDING VALUE TO YOUR
CURRENCY. Quote: "...this project works to...conduct banking reform that enables the agency to have correspondent banks abroad, adopt international standards in the field of banking reform..." THE INTERNATIONAL WORLD WILL NOT ACCEPT A PROGRAM RATE!
11-12-2022 Intel Guru Frank26 ...Once you see a seated and announced government...you will see your budget...white pagers...exchange rate...new small category notes. It may still be a little bit out before we get there but everything we are saying is confirming where we are heading...
11-12-2022 Guru Nader From The Mid East From the beginning I said the exchange rate it's not under the budget and it's not going to be in a budget. The CBI who make the decision. It's not the government. The government can vote for it and push the CBI but if the CBI says no it's no. There's no choice.
11-12-2022 Newshound Guru Pimpy A currency that has an increased value benefits Iraq if they're mostly importing because you want to have more for purchasing power. If they want to be big in exporting to the international community then obviously a cheaper currency is what they want. If they are a country that does more importing than exporting a higher currency is what you want because you have more purchasing power.
11-12-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-12-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Opening the first private sector bank outside of Iraq is not a small accomplishment. It actually has massive implications, imo. Internationalism is a big deal and it will require an international relationship at a higher level than it is today.
11-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] All historical redenominations have occurred in an orderly fashion...IMO when they release the 2023 budget into law it will be before 2023. IMO the first quarter of 2023 will allow all of this to be shown. The last quarter of 2022 is also important to set up the 2023 budget in the first quarter for constitutional and accounting reasons and for it to become law...so far all is on course. Everyone is on the same page...The CBI and GOI are now married and on their honeymoon.
11-12-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front…it really is dead silent from top to bottom. I believe silence is golden…but I could be wrong. Contacts have given me their clear expectations and we are still in that window...I know it’s frustrating…we are all tired and want to see big changes...They have done everything… It is now in the CBI’s hands. We are just waiting on a rate change.
11-12-2022 Newshound Guru Jeff Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Remember guys do to insider trading laws Iraq cannot and will not tell you they plan to increase their exchange rate...they can't tell you an increase is coming it's a violation of insider trading laws...
11-12-2022 Newshound Guru Samson Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Quote: "Ghaleb said...the Development Bank "opened branches inside Iraq and spread in almost all governorates, and worked to provide international requirements and standards for launching to the regional region, and its first step was the UAE"
11-12-2022 Newshound Guru Pimpy Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" We know the Coordinating Framework as well as Sadr made promises to have the rate change happen...the governor of the Central Bank of Iraq says...they have no intentions of changing it for a few years...
11-12-2022 Intel Guru MarkZ [via PDK] "Iraq’s 2023 budget is expected to be its largest yet" [Guru] Nader...talks about them voting on their new budget… I am hearing we are expecting to get a rate with that vote. This is expected in the month of November. That is what I hear from my finance minister contacts over there.
11-12-2022 Intel Guru Frank26 Article: "Al-Sudani is preparing to launch a 'big reform project'..." [BOTH THE ECONOMIC & MONETARY REFORMS] "...for the economy". A PROGRAM RATE CANNOT DO THIS THAT'S WHY SUDANI TOLD THE IRAQI CITIZENS WE ARE ADDING VALUE TO YOUR
CURRENCY. Quote: "...this project works to...conduct banking reform that enables the agency to have correspondent banks abroad, adopt international standards in the field of banking reform..." THE INTERNATIONAL WORLD WILL NOT ACCEPT A PROGRAM RATE!
11-11-2022 Salesperson-Superstar Wanted Extremely lucrative and fun for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-11-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" Quote: "We feel happy and proud when we see one of our banks occupy a position within the UAE banking sector after obtaining the confidence of the Central Bank of the United Arab Emirates,"
11-11-2022 Intel Guru MarkZ [via PDK] If it comes out at the NEER rate (Nominal Effective Exchange Rate) of $1.60 and floats. I would sure exchange some… It would be positive forward movement...it is totally up to the CBI when they release it.
11-11-2022 Intel Guru Bruce [via WiserNow] ...obviously, as we look back in hindsight, we have information that makes it look like we're not going to go this week, meaning through Saturday...We’re looking good but not for this week - I think we're looking good but it may take some political change for this to happen...
11-11-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-11-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" the CBI cleverly tells us they are to fix the exchange rate and it will be fixed for years...So in essence the CBI is telling us in my view that they have already changed the exchange rate and then they are going to fix the exchange rate and it will be fixed for years to come. We need them to do it and tell us.
11-11-2022 Newshound Guru Pimpy I'm trying to be realistic about this. Is the investing in Iraqi dinar a good investment? I think so. I think eventually it's going to go back up in value. I know...a lot of you...just want it to happen. I get it...
11-11-2022 Newshound/Intel Guru Walkingstick [via Frank26] The goal of Iraq is to de-dollarize Iraq...the market...the CBI...and the GOI. That is the goal of the exchange rate right now.
11-11-2022 Intel Guru MarkZ [via PDK] Very quiet overnight. Its easy to talk to sources…just no fresh news. There is nothing negative. [What happened to RV between the 8th and the 11th?] I am still expecting big things today…guess we will see...
11-11-2022 Intel Guru Frank26 Article: "A political bloc links the dollar exchange rate to the popularity of the Sudanese government" Quote: "...the restoration of the old exchange rate..." Old exchange rate? They're not talking about the one that they changed in December just of last year. That's the recent exchange rate that they changed [1190]. They're talking about the one that they changed 20 years ago [Over $1+]... Quote: "the restoration of the old exchange rate means a reduction in the value of
prices in the Iraqi markets." You think!
11-11-2022 Newshound Guru Samson Article: "A delegation from the Democratic Party visits Baghdad to resolve the two vacant ministries” Quote: "...a dispute between the two Kurdish parties prevented the completion of the nomination of candidates for the ministries of housing, construction and environment in the government of Muhammad Shia al-Sudani.."
11-11-2022 Intel Guru MarkZ [via PDK] Iraq is due to vote on their full blown budget on the 20th. It is expected they will have a new rate...then they have about 12-14 days for the new president to ratify the budget and to fully be in effect with that new rate. I believe they would not be broadcasting that date which appears to be in stone unless they are going to Revalue sooner…imo. This would allow to many to take advantage of it…so I don’t believe we will be waiting that long.
11-11-2022 Newshound Guru MilitiaMan Article: "Parliamentary calls for the government regarding the budget: boost revenues and reduce expenditures" There is clearly a push to get things off the ground now not later. IMO the 2022 budget has to be sorted prior to the 2023..the fixed exchange rate based off oil suggests they are further along than some may think...It will be one that enhances revenues and reduces expenses. They know as well as many do , the private sector is going to alleviate the reliance on just oil.
11-11-2022 Newshound Guru Pimpy Here we are in November already. You have the rest of November and all of December to try to pass a budget for 2023. We know that the draft is going to be put forward. Can they actually pass the draft before the end of the year? That would be important...is there going to be a rate change in there? You heard the Central Bank of Iraq saying that if you don't hear it from us then it's just a rumor.
11-11-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" Quote: "We feel happy and proud when we see one of our banks occupy a position within the UAE banking sector after obtaining the confidence of the Central Bank of the United Arab Emirates,"
11-11-2022 Intel Guru MarkZ [via PDK] If it comes out at the NEER rate (Nominal Effective Exchange Rate) of $1.60 and floats. I would sure exchange some… It would be positive forward movement...it is totally up to the CBI when they release it.
11-11-2022 Intel Guru Bruce [via WiserNow] ...obviously, as we look back in hindsight, we have information that makes it look like we're not going to go this week, meaning through Saturday...We’re looking good but not for this week - I think we're looking good but it may take some political change for this to happen...
11-11-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-11-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" the CBI cleverly tells us they are to fix the exchange rate and it will be fixed for years...So in essence the CBI is telling us in my view that they have already changed the exchange rate and then they are going to fix the exchange rate and it will be fixed for years to come. We need them to do it and tell us.
11-11-2022 Newshound Guru Pimpy I'm trying to be realistic about this. Is the investing in Iraqi dinar a good investment? I think so. I think eventually it's going to go back up in value. I know...a lot of you...just want it to happen. I get it...
11-11-2022 Newshound/Intel Guru Walkingstick [via Frank26] The goal of Iraq is to de-dollarize Iraq...the market...the CBI...and the GOI. That is the goal of the exchange rate right now.
11-11-2022 Intel Guru MarkZ [via PDK] Very quiet overnight. Its easy to talk to sources…just no fresh news. There is nothing negative. [What happened to RV between the 8th and the 11th?] I am still expecting big things today…guess we will see...
11-11-2022 Intel Guru Frank26 Article: "A political bloc links the dollar exchange rate to the popularity of the Sudanese government" Quote: "...the restoration of the old exchange rate..." Old exchange rate? They're not talking about the one that they changed in December just of last year. That's the recent exchange rate that they changed [1190]. They're talking about the one that they changed 20 years ago [Over $1+]... Quote: "the restoration of the old exchange rate means a reduction in the value of
prices in the Iraqi markets." You think!
11-11-2022 Newshound Guru Samson Article: "A delegation from the Democratic Party visits Baghdad to resolve the two vacant ministries” Quote: "...a dispute between the two Kurdish parties prevented the completion of the nomination of candidates for the ministries of housing, construction and environment in the government of Muhammad Shia al-Sudani.."
11-11-2022 Intel Guru MarkZ [via PDK] Iraq is due to vote on their full blown budget on the 20th. It is expected they will have a new rate...then they have about 12-14 days for the new president to ratify the budget and to fully be in effect with that new rate. I believe they would not be broadcasting that date which appears to be in stone unless they are going to Revalue sooner…imo. This would allow to many to take advantage of it…so I don’t believe we will be waiting that long.
11-11-2022 Newshound Guru MilitiaMan Article: "Parliamentary calls for the government regarding the budget: boost revenues and reduce expenditures" There is clearly a push to get things off the ground now not later. IMO the 2022 budget has to be sorted prior to the 2023..the fixed exchange rate based off oil suggests they are further along than some may think...It will be one that enhances revenues and reduces expenses. They know as well as many do , the private sector is going to alleviate the reliance on just oil.
11-11-2022 Newshound Guru Pimpy Here we are in November already. You have the rest of November and all of December to try to pass a budget for 2023. We know that the draft is going to be put forward. Can they actually pass the draft before the end of the year? That would be important...is there going to be a rate change in there? You heard the Central Bank of Iraq saying that if you don't hear it from us then it's just a rumor.
11-10-2022 Salesperson-Superstar Wanted Extremely lucrative and fun for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-10-2022 Newshound Guru Jeff there's no way in hell Iraq will tell you they have plans to increase the exchange rate...You have to put this entire investment under a microscope and look at it very closely to see what their actions are and what they are doing because there's no way in hell they're going to tell you that they plan to adjust that exchange rate...Due to insider trading laws they will never tell you that they plan to increase the exchange rate.
11-10-2022 Intel Guru MarkZ “Iraq’s foreign cash reserves reach historic levels” They are in an excellent position. They are prepared and ready. They have done what they need to do. Now we wait for them to pull that trigger. We just need to stay calm and keep our eyes on the goal. They have told us this is going to happen. They have told us the “what”…now we need the “when”.
11-10-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-10-2022 Intel Guru Frank26 [There's an article...it says they're never ever going to change the exchange rate] Who's it from? Is it from the governor of the CBI? No. Then flush it...do you believe everything you google? Do you believe everything you read in print?
11-10-2022 Newshound Guru Kaperoni ...the fact is only with the success and growth of Iraq's economy can the dinar ever go up in value. And if the dinar ever does rise in value it will be gradually over time based on the success and growth of Iraq's economy via a float/market forces. That is how exchange rates are set,
11-10-2022 Newshound Guru Sandy Ingram The IQD rate only has to increase to .15 cents...for a $150,000 profit on one million dinars. The wealthy never ever spend...the foundation of their wealth. In your case this would be the profits from your Iraqi dinars...Wealthy people invest their initial profits. The [first] person they hire is a financial advisor. The second person they hire is a tax professional (that's me) to make sure Uncle Sam doesn't get large sums of their money. If you do anything else you are in the fast lane to going broke. [Note: Consult your tax advisor at the appropriate time to be sure you pay the right amount of taxes for you unique situation.]
11-10-2022 Newshound Guru Pimpy My inbox is being flooded with people asking me questions about the latest chit-chat about the budget including a new rate for the Iraq dinar...I'll repeat myself, when it comes to the Iraqi dinar exchange rate if it is in the budget just wait and see. Don't assume...that the rate is going to change for sure...we don't know what's going to happen. Let's wait till they make the announcement...
11-10-2022 Newshound Guru Jeff Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" Due to insider trading laws the Central Bank cannot and will not ever tell you they plans of increasing the exchange rate. They can't. They won't.
11-10-2022 Intel Guru MarkZ [via PDK] We are finally starting to get some news out of Iraq. “Advisor to the Prime Minister: The government plans to adopt international standards for banking reform” this is the biggest piece coming out of Iraq this week. For them to be on international standards…what are they going to need? They are going to need an internationally recognized currency that has some value.
11-10-2022 Newshound Guru Samson Article 1: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Article 2: "Parliamentary Finance rules out a change in the value of the dinar against the dollar in the budget"
11-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All we hear and see is now about changing the exchange rate and heck even the World Bank representative is in an interview on television talking to us and saying Iraq needs to address the rate change.
11-10-2022 Newshound Guru MilitiaMan Article: "Economist : Reducing the dollar exchange rate is not / impossible / and the current time is suitable for monetary change" I like this one…it fits with the Finance in Ministry and Central Banks motivation and what they have done already. This man is suggesting the current time frame is not out of the question... they appear to have the calculations done and with the potentiality of being a radical change to improve the purchase power for the currency...
11-10-2022 Newshound Guru Jeff there's no way in hell Iraq will tell you they have plans to increase the exchange rate...You have to put this entire investment under a microscope and look at it very closely to see what their actions are and what they are doing because there's no way in hell they're going to tell you that they plan to adjust that exchange rate...Due to insider trading laws they will never tell you that they plan to increase the exchange rate.
11-10-2022 Intel Guru MarkZ “Iraq’s foreign cash reserves reach historic levels” They are in an excellent position. They are prepared and ready. They have done what they need to do. Now we wait for them to pull that trigger. We just need to stay calm and keep our eyes on the goal. They have told us this is going to happen. They have told us the “what”…now we need the “when”.
11-10-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-10-2022 Intel Guru Frank26 [There's an article...it says they're never ever going to change the exchange rate] Who's it from? Is it from the governor of the CBI? No. Then flush it...do you believe everything you google? Do you believe everything you read in print?
11-10-2022 Newshound Guru Kaperoni ...the fact is only with the success and growth of Iraq's economy can the dinar ever go up in value. And if the dinar ever does rise in value it will be gradually over time based on the success and growth of Iraq's economy via a float/market forces. That is how exchange rates are set,
11-10-2022 Newshound Guru Sandy Ingram The IQD rate only has to increase to .15 cents...for a $150,000 profit on one million dinars. The wealthy never ever spend...the foundation of their wealth. In your case this would be the profits from your Iraqi dinars...Wealthy people invest their initial profits. The [first] person they hire is a financial advisor. The second person they hire is a tax professional (that's me) to make sure Uncle Sam doesn't get large sums of their money. If you do anything else you are in the fast lane to going broke. [Note: Consult your tax advisor at the appropriate time to be sure you pay the right amount of taxes for you unique situation.]
11-10-2022 Newshound Guru Pimpy My inbox is being flooded with people asking me questions about the latest chit-chat about the budget including a new rate for the Iraq dinar...I'll repeat myself, when it comes to the Iraqi dinar exchange rate if it is in the budget just wait and see. Don't assume...that the rate is going to change for sure...we don't know what's going to happen. Let's wait till they make the announcement...
11-10-2022 Newshound Guru Jeff Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" Due to insider trading laws the Central Bank cannot and will not ever tell you they plans of increasing the exchange rate. They can't. They won't.
11-10-2022 Intel Guru MarkZ [via PDK] We are finally starting to get some news out of Iraq. “Advisor to the Prime Minister: The government plans to adopt international standards for banking reform” this is the biggest piece coming out of Iraq this week. For them to be on international standards…what are they going to need? They are going to need an internationally recognized currency that has some value.
11-10-2022 Newshound Guru Samson Article 1: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Article 2: "Parliamentary Finance rules out a change in the value of the dinar against the dollar in the budget"
11-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All we hear and see is now about changing the exchange rate and heck even the World Bank representative is in an interview on television talking to us and saying Iraq needs to address the rate change.
11-10-2022 Newshound Guru MilitiaMan Article: "Economist : Reducing the dollar exchange rate is not / impossible / and the current time is suitable for monetary change" I like this one…it fits with the Finance in Ministry and Central Banks motivation and what they have done already. This man is suggesting the current time frame is not out of the question... they appear to have the calculations done and with the potentiality of being a radical change to improve the purchase power for the currency...
11-9-2022 Salesperson-Superstar Wanted Extremely lucrative and fun for the right person. Straight commission ($45,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
11-9-2022 Newshound Guru Pimpy The people who are responsible for changing the exchange rate is the Central Bank of Iraq period. No ifs, ands or buts. They are the ones responsible for the direction of the exchange rate for the Iraqi dinar.
11-9-2022 Intel Guru Bruce [via WiserNow] ...we heard something today, from...one of our sources - it said they expected the emails to the bondholders to actually go out... Wednesday night into Thursday...These are the emails that we give them access to their funds...which...put us getting notified maybe Thursday morning...But one...very strong source said before afternoon Thursday...and of course Wells Fargo redemption center was talking about this week being anything from the 6th all the way through the 12th. I feel as though things are coming together for us finally...So I'm excited about it...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Kurds just got their last 2 positions agreed upon and all 22 cabinet positions are filled for Sudani. We have a full government we just have now to have it announced. FRANK I had no concerns whatsoever about the two missing political positions with the Kurds and now that they are official it seems the government is ready to be announced...
11-9-2022 Newshound Guru Jeff Article: "Al-Maliki Presents A Proposal To Reduce The Price Of The Dollar" Every time you hear the politicians talk they're telling you that they want the dollar exchange rate reduced a little bit closer to around 1200 which is where it was they devalued the currency - 1190. All these articles are untruthful BS.
11-9-2022 Newshound/Intel Guru Walkingstick [via Frank26] This is the beginning of a slew of article I told you would come out as the monetary reform was being shown. The education part is now moving much faster. Many things I told you are now in print. The education to the Iraqi citizens - it has now started at a much deeper level.
11-9-2022 Newshound Guru Sandy Ingram The Central Bank of Iraq did say foreign reserves are expected to increase to $90 billion U.S. dollars by the end of this year and this is due to the high level of income from the oil industry.
11-9-2022 Newshound Guru Pimpy Then they did it two days later. I'm not saying that Iraq is going to change the rate of the IQD. I'm just saying you got to understand why they won't just come out and tell you they're going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It'd be a bad situation. [Post 2 of 2]
11-9-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-9-2022 Newshound Guru Pimpy The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate...stating they have no intentions to change it for 5 years. That's what they say. Quick reminder, when the Kuwait dinar was finally reinstated...they had told the world they were not going to reinstate the rate for quite a while. [Post 1 of 2....stay tuned]
11-9-2022 Intel Guru MarkZ [via PDK] We knew this would be a tumultuous week…sit back and do not panic. I believe this is the line in the concrete – not sand...Quiet overnight as expected. Nothing on the RV front...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The parliament is putting pressure daily, coming on TV asking the CBI to make the rate change to curb inflation and help the citizens. FRANK: Isn't that amazing. We know the GOI and the CBI are working in cahoots together to bring forth the new exchange rate. But the GOI will not release the new government until we know the new exchange rate is ready to be released from the governor of the CBI...Once that happens all hell will break loose!
11-9-2022 Newshound Guru Samson Article: "Economist : Reducing the dollar exchange rate is not impossible and the current time is suitable for monetary change" Quote: "decreasing the exchange rate is not impossible, and this matter becomes a strategic option for monetary policy if the monetary reserve continues to rise...the current and next two years are the most appropriate time to bring about this monetary change."
11-9-2022 Newshound Guru Samson Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget”
11-9-2022 Newshound/Intel Guru RVAlready From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the budget are actually ready to go.
11-9-2022 Newshound Guru Pimpy The people who are responsible for changing the exchange rate is the Central Bank of Iraq period. No ifs, ands or buts. They are the ones responsible for the direction of the exchange rate for the Iraqi dinar.
11-9-2022 Intel Guru Bruce [via WiserNow] ...we heard something today, from...one of our sources - it said they expected the emails to the bondholders to actually go out... Wednesday night into Thursday...These are the emails that we give them access to their funds...which...put us getting notified maybe Thursday morning...But one...very strong source said before afternoon Thursday...and of course Wells Fargo redemption center was talking about this week being anything from the 6th all the way through the 12th. I feel as though things are coming together for us finally...So I'm excited about it...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Kurds just got their last 2 positions agreed upon and all 22 cabinet positions are filled for Sudani. We have a full government we just have now to have it announced. FRANK I had no concerns whatsoever about the two missing political positions with the Kurds and now that they are official it seems the government is ready to be announced...
11-9-2022 Newshound Guru Jeff Article: "Al-Maliki Presents A Proposal To Reduce The Price Of The Dollar" Every time you hear the politicians talk they're telling you that they want the dollar exchange rate reduced a little bit closer to around 1200 which is where it was they devalued the currency - 1190. All these articles are untruthful BS.
11-9-2022 Newshound/Intel Guru Walkingstick [via Frank26] This is the beginning of a slew of article I told you would come out as the monetary reform was being shown. The education part is now moving much faster. Many things I told you are now in print. The education to the Iraqi citizens - it has now started at a much deeper level.
11-9-2022 Newshound Guru Sandy Ingram The Central Bank of Iraq did say foreign reserves are expected to increase to $90 billion U.S. dollars by the end of this year and this is due to the high level of income from the oil industry.
11-9-2022 Newshound Guru Pimpy Then they did it two days later. I'm not saying that Iraq is going to change the rate of the IQD. I'm just saying you got to understand why they won't just come out and tell you they're going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It'd be a bad situation. [Post 2 of 2]
11-9-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-9-2022 Newshound Guru Pimpy The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate...stating they have no intentions to change it for 5 years. That's what they say. Quick reminder, when the Kuwait dinar was finally reinstated...they had told the world they were not going to reinstate the rate for quite a while. [Post 1 of 2....stay tuned]
11-9-2022 Intel Guru MarkZ [via PDK] We knew this would be a tumultuous week…sit back and do not panic. I believe this is the line in the concrete – not sand...Quiet overnight as expected. Nothing on the RV front...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The parliament is putting pressure daily, coming on TV asking the CBI to make the rate change to curb inflation and help the citizens. FRANK: Isn't that amazing. We know the GOI and the CBI are working in cahoots together to bring forth the new exchange rate. But the GOI will not release the new government until we know the new exchange rate is ready to be released from the governor of the CBI...Once that happens all hell will break loose!
11-9-2022 Newshound Guru Samson Article: "Economist : Reducing the dollar exchange rate is not impossible and the current time is suitable for monetary change" Quote: "decreasing the exchange rate is not impossible, and this matter becomes a strategic option for monetary policy if the monetary reserve continues to rise...the current and next two years are the most appropriate time to bring about this monetary change."
11-9-2022 Newshound Guru Samson Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget”
11-9-2022 Newshound/Intel Guru RVAlready From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the budget are actually ready to go.
11-8-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-8-2022 Guru Nader From The Mid East I think they're going to put it 1 to 1. I don't think they're gonna put it 1200 or 1350. When I don't know...the exchange rate they're gonna change. When? I don't know...Me, I'm targeting 2023. If they do it before, good for them and good for us. I wish they could do it before...it's a waiting game...when they stop selling dinar for a couple of days all over the world, you know that money is gonna switch...
11-8-2022 Newshound Guru Sandy Ingram Article: "Iraq plans to produce cars locally in partnership with Egypt". Iraq is following in the recommendation of the IMF and creating streams of income outside of the oil industry...
11-8-2022 Newshound Guru Kaperoni Iraq will follow the directives of the IMF. And the IMF made it very clear several years ago about the dinar gradually appreciating over time based on the economic success. This is the path Iraq will take.
11-8-2022 Newshound Guru Pimpy Article: "Al-Eqabi: The 2023 budget will be explosive...and reveals the reason for Al-Najjar's resignation" Here's the talk of the town...we know they have a huge surplus...by the end of this year and next year they should have...about $200 billion dollars to do whatever it is they need to do to help rebuild Iraq. They should have an explosive budget...it appears they're going to change the exchange rate. I'm not expecting any huge jump...but any positive step is welcomed of course...
11-8-2022 Intel Guru MarkZ [via PDK] ...it is dead silent from all my sources from paymasters , bankers, redemption centers…you name it. Right now it seems all eyes are on today’s election outcomes.
11-8-2022 Newshound Guru Jeff Iraq cannot and is not even eligible to revalue the currency in the middle of a budget period. Iraq had a brad new budget period that started October 1st which is their 7th month. It's the second half of the year.
11-8-2022 Newshound Guru Samson Article: "Economic Center: The 2023 budget is the largest in Iraq's history... offset by a significant increase in prices"
11-8-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-8-2022 Intel Guru Frank26 Article: "Al-Eqabi: The 2023 budget will be explosive and reveals the reason for Al-Najjar's resignation" Ka-Boom! What we told you 'IOO' is now a standing ovation...The education of the monetary reform told the citizens in explosive details! Quote: "After changing the exchange rate, the 2023 budget is sure to be explosive and we expect it's actual revenue to reach $120 billion dollars..." By the way a program rate is not an explosion!
11-8-2022 Newshound Guru Pimpy Question: "Can the Iraqi dinar reach an exchange rate of $3.22?" Of course it could. But there's a lot of things they're going to have to take place in order for that rate change to actually happen...I don't see the Iraqi dinar going up in one huge jump...As the economy recovers and their infrastructure starts to rebuild you'll see it probably go up in smaller increments, not all at one time.
Click here to learn more >>
11-8-2022 Guru Nader From The Mid East I think they're going to put it 1 to 1. I don't think they're gonna put it 1200 or 1350. When I don't know...the exchange rate they're gonna change. When? I don't know...Me, I'm targeting 2023. If they do it before, good for them and good for us. I wish they could do it before...it's a waiting game...when they stop selling dinar for a couple of days all over the world, you know that money is gonna switch...
11-8-2022 Newshound Guru Sandy Ingram Article: "Iraq plans to produce cars locally in partnership with Egypt". Iraq is following in the recommendation of the IMF and creating streams of income outside of the oil industry...
11-8-2022 Newshound Guru Kaperoni Iraq will follow the directives of the IMF. And the IMF made it very clear several years ago about the dinar gradually appreciating over time based on the economic success. This is the path Iraq will take.
11-8-2022 Newshound Guru Pimpy Article: "Al-Eqabi: The 2023 budget will be explosive...and reveals the reason for Al-Najjar's resignation" Here's the talk of the town...we know they have a huge surplus...by the end of this year and next year they should have...about $200 billion dollars to do whatever it is they need to do to help rebuild Iraq. They should have an explosive budget...it appears they're going to change the exchange rate. I'm not expecting any huge jump...but any positive step is welcomed of course...
11-8-2022 Intel Guru MarkZ [via PDK] ...it is dead silent from all my sources from paymasters , bankers, redemption centers…you name it. Right now it seems all eyes are on today’s election outcomes.
11-8-2022 Newshound Guru Jeff Iraq cannot and is not even eligible to revalue the currency in the middle of a budget period. Iraq had a brad new budget period that started October 1st which is their 7th month. It's the second half of the year.
11-8-2022 Newshound Guru Samson Article: "Economic Center: The 2023 budget is the largest in Iraq's history... offset by a significant increase in prices"
11-8-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-8-2022 Intel Guru Frank26 Article: "Al-Eqabi: The 2023 budget will be explosive and reveals the reason for Al-Najjar's resignation" Ka-Boom! What we told you 'IOO' is now a standing ovation...The education of the monetary reform told the citizens in explosive details! Quote: "After changing the exchange rate, the 2023 budget is sure to be explosive and we expect it's actual revenue to reach $120 billion dollars..." By the way a program rate is not an explosion!
11-8-2022 Newshound Guru Pimpy Question: "Can the Iraqi dinar reach an exchange rate of $3.22?" Of course it could. But there's a lot of things they're going to have to take place in order for that rate change to actually happen...I don't see the Iraqi dinar going up in one huge jump...As the economy recovers and their infrastructure starts to rebuild you'll see it probably go up in smaller increments, not all at one time.
11-7-2022 Intel Guru MarkZ [via PDK] I wish I had something for you guys on the RV front…but the news is just not out there...it was quiet today…just as we expected. My guess is the news will pick up pretty heavy by Wed. I think all eyes are on tomorrow.
11-7-2022 Intel Guru Frank26 Article: "Announcement of a tender for the supply of currency counting and sorting machines". FAMILY THE CBI DOES THIS YEARLY BUT THIS TIME IMO FOR A NEW NSCN.
11-7-2022 Free Money Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-7-2022 Newshound Guru Jeff Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "the exchange rate will continue without any change at least during the next year." ...None of this is truth. This is all just hot air and BS...
11-7-2022 Newshound Guru MilitiaMan Article: "Planning announces the start of preparing the 2023 budget" They say there will be many considerations, including changing the "situation and the government". Those two items are clearly CBI and GOI related...They will adjust the figures in the budget to reflect exchange rate changes, fairly simple...The expectation is that according to data will not be long from now.. Imo... I really like the data they are putting out to support this view.. A lot!
11-7-2022 Newshound Guru Pimpy Like most elections everybody talks a good talk but not very many people could walk the walk...I'm still impressed with the fact that they are not interested in making Maliki the Vice President. I'm not sure if they're just going to shut him out altogether that remains to be seen and it appears...al-Sadini does not plan on changing the path away from the white papers but instead continue to follow down that path. Let's keep our fingers crossed and see how everything works out...
11-7-2022 Intel Guru MarkZ [via PDK] Quiet on the RV and bond front. In an Article this weekend. “The new Iraqi government will seek legitimacy through populist policies” What is the most populist policy in iraq? The restoration of the dinar value. They want their value back...
11-7-2022 Guru Nader From The Mid East Latest news, the dinar sales gone down since 2 years. It's getting good...I think a lot of news is going to come out this week.
11-7-2022 Newshound Guru Sandy Ingram Article: "Iraqi parliament to 'devalue dollar-dinar exchange rate' to control rising prices" The Iraqi parliament is pushing the Central Bank of Iraq to revalue the U.S. dollar to curb inflation. So far the Central Bank of Iraq has said nothing.
11-7-2022 Newshound Guru Samson Article: "Iraq is the largest purchaser of gold in the second quarter of 2022". Iraq is the country that is the largest purchaser of the yellow metal for the second quarter of 2022, while maintaining its 30th rank in the world among the largest countries in possession of gold reserves...
11-7-2022 Intel Guru Frank26 Question: [Why are bankers saying revalue this week? Do you not agree?] I don't know any bankers that are saying they are going to revalue anything this week...Bankers are very very anal. They are very stoic. They are very centered. You go up and ask, Well's Fargo - "No." ...that's their policy they will never say anything. If they telegraph the whole bank gets shut down. Ask Martha Stewart.
11-7-2022 Intel Guru MarkZ [via PDK] [The GOI has no say in the exchange rate…strictly CBI.] Yes… In iraq…minister after minister have told us that…Its up to the CBI now.
11-7-2022 Newshound/Intel Guru Mnt Goat I am seeing a trend here is the recent many articles about this 2023 budget issue. They keep talking in the same articles about also the dinar and changing the exchange rate. Could this be they want to budget in the cost of doing the project to delete the zeros and then reinstate it? They will have to move with urgency to meet the January target for the best time to RV. By the way the December 2020 devaluation did not occur until January of 2021. They only approved the devaluation in December. So go figure. They took the best window of time to do it, as the CBI has said all along that January is the best time for accounting reasons.
11-7-2022 Intel Guru Frank26 Article: "Announcement of a tender for the supply of currency counting and sorting machines". FAMILY THE CBI DOES THIS YEARLY BUT THIS TIME IMO FOR A NEW NSCN.
11-7-2022 Free Money Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-7-2022 Newshound Guru Jeff Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "the exchange rate will continue without any change at least during the next year." ...None of this is truth. This is all just hot air and BS...
11-7-2022 Newshound Guru MilitiaMan Article: "Planning announces the start of preparing the 2023 budget" They say there will be many considerations, including changing the "situation and the government". Those two items are clearly CBI and GOI related...They will adjust the figures in the budget to reflect exchange rate changes, fairly simple...The expectation is that according to data will not be long from now.. Imo... I really like the data they are putting out to support this view.. A lot!
11-7-2022 Newshound Guru Pimpy Like most elections everybody talks a good talk but not very many people could walk the walk...I'm still impressed with the fact that they are not interested in making Maliki the Vice President. I'm not sure if they're just going to shut him out altogether that remains to be seen and it appears...al-Sadini does not plan on changing the path away from the white papers but instead continue to follow down that path. Let's keep our fingers crossed and see how everything works out...
11-7-2022 Intel Guru MarkZ [via PDK] Quiet on the RV and bond front. In an Article this weekend. “The new Iraqi government will seek legitimacy through populist policies” What is the most populist policy in iraq? The restoration of the dinar value. They want their value back...
11-7-2022 Guru Nader From The Mid East Latest news, the dinar sales gone down since 2 years. It's getting good...I think a lot of news is going to come out this week.
11-7-2022 Newshound Guru Sandy Ingram Article: "Iraqi parliament to 'devalue dollar-dinar exchange rate' to control rising prices" The Iraqi parliament is pushing the Central Bank of Iraq to revalue the U.S. dollar to curb inflation. So far the Central Bank of Iraq has said nothing.
11-7-2022 Newshound Guru Samson Article: "Iraq is the largest purchaser of gold in the second quarter of 2022". Iraq is the country that is the largest purchaser of the yellow metal for the second quarter of 2022, while maintaining its 30th rank in the world among the largest countries in possession of gold reserves...
11-7-2022 Intel Guru Frank26 Question: [Why are bankers saying revalue this week? Do you not agree?] I don't know any bankers that are saying they are going to revalue anything this week...Bankers are very very anal. They are very stoic. They are very centered. You go up and ask, Well's Fargo - "No." ...that's their policy they will never say anything. If they telegraph the whole bank gets shut down. Ask Martha Stewart.
11-7-2022 Intel Guru MarkZ [via PDK] [The GOI has no say in the exchange rate…strictly CBI.] Yes… In iraq…minister after minister have told us that…Its up to the CBI now.
11-7-2022 Newshound/Intel Guru Mnt Goat I am seeing a trend here is the recent many articles about this 2023 budget issue. They keep talking in the same articles about also the dinar and changing the exchange rate. Could this be they want to budget in the cost of doing the project to delete the zeros and then reinstate it? They will have to move with urgency to meet the January target for the best time to RV. By the way the December 2020 devaluation did not occur until January of 2021. They only approved the devaluation in December. So go figure. They took the best window of time to do it, as the CBI has said all along that January is the best time for accounting reasons.
11-6-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-6-2022 Newshound Guru Pimpy A 4000% increase in value of a currency overnight is unrealistic. No currency has ever jumped up that high, that quick. You're more likely to see it happen in increments. I don't want you guys to get discouraged. I'm not saying that it won't get up in value. I'm not saying that it'll never reach $3.22. But this is not going to happen overnight. It'll be in a progressive manner.
11-6-2022 Newshound Guru Samson Article: "Al-Maliki's proposal to reduce the exchange rate turns into a popular demand, and the Sudanese are facing the test of implementation"
11-6-2022 Newshound Guru MilitiaMan Article: "Deputy Ali Al-Mashkoor: There is a ready-made version of the budget that needs amendments only" There is a ready-made copy of the 2022 budget I suspect. The oil and gas law is not a new law. If not mistaken the EFSL has this covered for and in the year 2022. It only needs amendments not new law(s). Timing is of the essence it appears as there will be great loss. Regardless of easy or not the private sector and the citizens want the exchange rate to be an international one.
11-6-2022 Intel Guru Frank26 Article: "A sudden drop in the dollar exchange rate in Erbil" 2 WEEKS AGO THE DOLLAR EXCHANGE RATE DROPPED IN IRAQ THEN LAST WEEK WE HAVE ANOTHER ARTICLE WHERE IT DROPPED AGAIN AND NOW THIS WEEK WHERE ONCE AGAIN THE RATE HAS DROPPED...THIS IS CALLED A GRADUAL REDUCTION. TA DA"
11-6-2022 Newshound Guru Pimpy They've [Iraq] come a long ways. They're out of Chapter VII...they have $90 billion in foreign reserve assets... 132 tons of gold. They're doing all the things all the things necessary just to protect the current let alone increase the rate. Give it a little time. It'll happen as long as they continue down the right path...
11-6-2022 Newshound Guru Breitling With the dinar, whether it revalues soon or whether it revalues later it doesn't matter...it's super important that you understand this. People have been sitting on the dinar and just sitting ...that's completely wrong...don't get locked up in one type of investment ...I'm always involved in something new...If you try to make money in one area and you don't expand, something is going to come along and eat it up. Whether it's health problems or a myriad of things coming down the road that can mess with you. That's why you can't stop...
11-6-2022 Guru Nader From The Mid East [Looking at the dinar exchange rate chart on google] It's been since December last year I didn't see this line [exchange rate line going upward]. I'm excited about it. Something is happening. It's weird because no news today for the Iraqi dinar says that, 'the Iraqi dinar is going up'?
11-6-2022 Newshound/Intel Guru Mnt Goat ...almost all the articles today in the news are about changing the exchange rate of the dollar thus the dinar to coincide...Yes, there are 8 articles on the subject matter...we read comments and opinions about changing the rate of the dinar from the World Bank, the economic expert, Jalil Al-Lami, the State of Law Muhammad Al-Shammari, the representative of the Al-Fateh Alliance, Salem Al-Anbaki and the Prime Minister Muhammad Shiaa Al-Sudani himself, who directed all ministers to prepare and present the government budget program within a week, indicating that changing the dollar exchange rate is a prerogative of the Central Bank.
11-6-2022 Intel Guru MarkZ [via PDK] [If Kuwaits rate is $3+…wouldn’t Iraq’s be similar?] I think Kuwaits rate is around $3.35 and yes…they want it close to parity in the region for stability.
Click here to learn more >>
11-6-2022 Newshound Guru Pimpy A 4000% increase in value of a currency overnight is unrealistic. No currency has ever jumped up that high, that quick. You're more likely to see it happen in increments. I don't want you guys to get discouraged. I'm not saying that it won't get up in value. I'm not saying that it'll never reach $3.22. But this is not going to happen overnight. It'll be in a progressive manner.
11-6-2022 Newshound Guru Samson Article: "Al-Maliki's proposal to reduce the exchange rate turns into a popular demand, and the Sudanese are facing the test of implementation"
11-6-2022 Newshound Guru MilitiaMan Article: "Deputy Ali Al-Mashkoor: There is a ready-made version of the budget that needs amendments only" There is a ready-made copy of the 2022 budget I suspect. The oil and gas law is not a new law. If not mistaken the EFSL has this covered for and in the year 2022. It only needs amendments not new law(s). Timing is of the essence it appears as there will be great loss. Regardless of easy or not the private sector and the citizens want the exchange rate to be an international one.
11-6-2022 Intel Guru Frank26 Article: "A sudden drop in the dollar exchange rate in Erbil" 2 WEEKS AGO THE DOLLAR EXCHANGE RATE DROPPED IN IRAQ THEN LAST WEEK WE HAVE ANOTHER ARTICLE WHERE IT DROPPED AGAIN AND NOW THIS WEEK WHERE ONCE AGAIN THE RATE HAS DROPPED...THIS IS CALLED A GRADUAL REDUCTION. TA DA"
11-6-2022 Newshound Guru Pimpy They've [Iraq] come a long ways. They're out of Chapter VII...they have $90 billion in foreign reserve assets... 132 tons of gold. They're doing all the things all the things necessary just to protect the current let alone increase the rate. Give it a little time. It'll happen as long as they continue down the right path...
11-6-2022 Newshound Guru Breitling With the dinar, whether it revalues soon or whether it revalues later it doesn't matter...it's super important that you understand this. People have been sitting on the dinar and just sitting ...that's completely wrong...don't get locked up in one type of investment ...I'm always involved in something new...If you try to make money in one area and you don't expand, something is going to come along and eat it up. Whether it's health problems or a myriad of things coming down the road that can mess with you. That's why you can't stop...
11-6-2022 Guru Nader From The Mid East [Looking at the dinar exchange rate chart on google] It's been since December last year I didn't see this line [exchange rate line going upward]. I'm excited about it. Something is happening. It's weird because no news today for the Iraqi dinar says that, 'the Iraqi dinar is going up'?
11-6-2022 Newshound/Intel Guru Mnt Goat ...almost all the articles today in the news are about changing the exchange rate of the dollar thus the dinar to coincide...Yes, there are 8 articles on the subject matter...we read comments and opinions about changing the rate of the dinar from the World Bank, the economic expert, Jalil Al-Lami, the State of Law Muhammad Al-Shammari, the representative of the Al-Fateh Alliance, Salem Al-Anbaki and the Prime Minister Muhammad Shiaa Al-Sudani himself, who directed all ministers to prepare and present the government budget program within a week, indicating that changing the dollar exchange rate is a prerogative of the Central Bank.
11-6-2022 Intel Guru MarkZ [via PDK] [If Kuwaits rate is $3+…wouldn’t Iraq’s be similar?] I think Kuwaits rate is around $3.35 and yes…they want it close to parity in the region for stability.
11-5-2022 Newshound Guru Pimpy Once again they are talking about changing the exchange rate. The interesting thing...is the back and forth about whether or not they're going to do it...Sadr as...the Coordinating Framework...[made] promises to do something about the exchange rate if they control the government. But we do know the decision is not up to the Iraqi government. It's up to the Central Bank of Iraq to make those decision.
11-5-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-5-2022 Newshound Guru Militiaman Article: "An economist shows the period needed to restore the exchange rate.. These are its effects" This guy seems to be on a different planet.. 5 years? lol For crying out loud the CBI has already paid for the currency for the GOI to issue once ready, back in 2018.. The focus here is the policy of the government. It is their baby in sync with the independent CBI.
11-5-2022 Intel Guru MarkZ [via PDK] Most of us are still looking from the 8th until the 11th. Banking sources still think this is our weekend to early in the week... Checked in with Redemption Center contacts…dead quiet. They are on call with nothing to tell. Nothing overnight on the Iraq front. We know they sat their cabinets. We know they sat their ministers and it is now up to the CBI..
11-5-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Sudani cabinet all are good. No bad apples. FRANK: the citizens of Iraq love every one of the cabinets that are in the government of Iraq right now..
11-5-2022 Newshound/Intel Guru Mnt Goat Article: "IS IT TIME TO CHANGE THE EXCHANGE RATE?" Quote: "...go to the program to delete the three zeros so that the dinar became a respectable and strong currency and an actual strategic and national stockpile that is better than the dollar and gold together." Alleluia! Alleluia! Yes, this...is exactly what we want to hear. I do not think they will ever tell us directly they will reinstate the dinar but we know if they do the project to delete the zeros they will have to reinstate it. Plus the CBI told us this is the next step way back in 2011 when the told us the overall process of how to get the dinar back to FOREX. By the way this is the second article already in a week that they mentioned the project to delete the zeros….
11-5-2022 Guru Nader From The Mid East Article: "Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value fo the Iraqi dinar (IQD) against the U.S. dollar." 1450 is making fun of us...
11-5-2022 Newshound Guru Pimpy It's getting interesting over there in Iraq. The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that Maliki wants...
11-5-2022 Newshound Guru Militiaman Article: "The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias." This is a welcome sight to behold...suggests that the PM Sudani is playing the line that was drawn in the sand by Al-Sadr...The GOI has forward movement and an agenda likely with timelines to be complete and along side and in tandem with the CBI...lets see how the GOI and the CBI play their cards.
11-5-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "And on the financial budget for 2023, the Prime Minister announced that he "directed all ministries today to prepare the 2023 budget and determine its priorities, as we are keen to present the budget as soon as possible." WHICH ALSO MEANS PRESENTING THE NEW EXCHANGE RATE AS SOON AS POSSIBLE.
11-5-2022 Newshound Guru Samson Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "A member of the Parliamentary Finance Committee, Jamal Kougar, explained, today, Friday, that changing the dollar exchange rate is related to the decisions of the Central Bank, pointing out that the bank has assurances that the exchange rate will continue without any change, at least during the next year."
11-5-2022 Intel Guru MarkZ [via PDK] [Was it this quiet in Kuwait before they RV’d?] Yes. Absolutely it was this quiet and it had just this much conflicting information. In fact early that morning their national newspaper came out and said they would not be ready for 9 months to 3 years to RV. …Then it revalued that same day. Member comment: I was in country at the time and they told us 6 months to 3 yrs before they would be able to raise the rate. At around 10-10:30 they started exchanging at the new rate.
11-5-2022 Newshound Guru Petra One is curious about all the subterfuge going on the last 3-4 days. How many times does a country have to "defend" in one aspect the fact they are "not" going to change the exchange rate....and then, we see articles coming out from within Iraq that this is the very move that needs to be made. Couple that with the input from the WB/IMF and other agencies telling the country to move forward and open themselves up for partnership, investment, and international business. It doesn't get clearer when one of your largest trading partners (Jordan) opens up a bank down the street.
11-5-2022 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-5-2022 Newshound Guru Militiaman Article: "An economist shows the period needed to restore the exchange rate.. These are its effects" This guy seems to be on a different planet.. 5 years? lol For crying out loud the CBI has already paid for the currency for the GOI to issue once ready, back in 2018.. The focus here is the policy of the government. It is their baby in sync with the independent CBI.
11-5-2022 Intel Guru MarkZ [via PDK] Most of us are still looking from the 8th until the 11th. Banking sources still think this is our weekend to early in the week... Checked in with Redemption Center contacts…dead quiet. They are on call with nothing to tell. Nothing overnight on the Iraq front. We know they sat their cabinets. We know they sat their ministers and it is now up to the CBI..
11-5-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Sudani cabinet all are good. No bad apples. FRANK: the citizens of Iraq love every one of the cabinets that are in the government of Iraq right now..
11-5-2022 Newshound/Intel Guru Mnt Goat Article: "IS IT TIME TO CHANGE THE EXCHANGE RATE?" Quote: "...go to the program to delete the three zeros so that the dinar became a respectable and strong currency and an actual strategic and national stockpile that is better than the dollar and gold together." Alleluia! Alleluia! Yes, this...is exactly what we want to hear. I do not think they will ever tell us directly they will reinstate the dinar but we know if they do the project to delete the zeros they will have to reinstate it. Plus the CBI told us this is the next step way back in 2011 when the told us the overall process of how to get the dinar back to FOREX. By the way this is the second article already in a week that they mentioned the project to delete the zeros….
11-5-2022 Guru Nader From The Mid East Article: "Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value fo the Iraqi dinar (IQD) against the U.S. dollar." 1450 is making fun of us...
11-5-2022 Newshound Guru Pimpy It's getting interesting over there in Iraq. The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that Maliki wants...
11-5-2022 Newshound Guru Militiaman Article: "The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias." This is a welcome sight to behold...suggests that the PM Sudani is playing the line that was drawn in the sand by Al-Sadr...The GOI has forward movement and an agenda likely with timelines to be complete and along side and in tandem with the CBI...lets see how the GOI and the CBI play their cards.
11-5-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "And on the financial budget for 2023, the Prime Minister announced that he "directed all ministries today to prepare the 2023 budget and determine its priorities, as we are keen to present the budget as soon as possible." WHICH ALSO MEANS PRESENTING THE NEW EXCHANGE RATE AS SOON AS POSSIBLE.
11-5-2022 Newshound Guru Samson Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "A member of the Parliamentary Finance Committee, Jamal Kougar, explained, today, Friday, that changing the dollar exchange rate is related to the decisions of the Central Bank, pointing out that the bank has assurances that the exchange rate will continue without any change, at least during the next year."
11-5-2022 Intel Guru MarkZ [via PDK] [Was it this quiet in Kuwait before they RV’d?] Yes. Absolutely it was this quiet and it had just this much conflicting information. In fact early that morning their national newspaper came out and said they would not be ready for 9 months to 3 years to RV. …Then it revalued that same day. Member comment: I was in country at the time and they told us 6 months to 3 yrs before they would be able to raise the rate. At around 10-10:30 they started exchanging at the new rate.
11-5-2022 Newshound Guru Petra One is curious about all the subterfuge going on the last 3-4 days. How many times does a country have to "defend" in one aspect the fact they are "not" going to change the exchange rate....and then, we see articles coming out from within Iraq that this is the very move that needs to be made. Couple that with the input from the WB/IMF and other agencies telling the country to move forward and open themselves up for partnership, investment, and international business. It doesn't get clearer when one of your largest trading partners (Jordan) opens up a bank down the street.
11-4-2022 Newshound Guru MilitiaMan Article: "Saleh Al-Hamashi : Next year's budget may exceed 170 trillion dinars" Let's say the government acts on Article 110 of the constitution and if they drop 3 zeros from the exchange rate the ratio becomes very interesting. It gets much closer to a 1:1 ratio than it is now be sure. I could be off, but, it sure looks interesting.
11-4-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "The Prime Minister, Muhammad Shia Al-Sudani, has identified the Central Bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate." THIS POST IS FROM THE AUTHORITY THE PRIME MINISTER SUDANI & FROM THE POWER OF THE CBI TO CHANGE THE EXCHANGE RATE.
11-4-2022 Intel Guru MarkZ [via PDK] We seem to be in a holding pattern waiting for something to happen. Redemption center folks are on call...They are hearing much chatter of them working very long days ahead. I believe they are trying to quiet speculation. We know it will revalue…It is inevitable.
11-4-2022 Newshound Guru Pimpy Article: "The secret of the Sudanese government's retreat from changing the exchange rate of Iraqi dinar" Sudanese made a promise to the people that he would...change the exchange rate...now all of a sudden he appears to be backpedaling just a little bit. Quote: "Sudani confirmed...Tuesday that the decision to change the exchange rate of the Iraqi dinar against a dollar is a prerogative of the Central Bank and we are committed to implementing what the Central Bank deems appropriate."
11-4-2022 Intel Guru Bruce [via WiserNow] Possibly we get notified by Sunday and we exchange starting Monday or Tuesday. It’s hard to say - It's not absolute. We've got a little window here...We believe Iraq has done what they said they would do - their holding back the Iraqi dinar rate here in this country until we start...We're all set. We're ready to start. We just want this trigger to come forward for us.
11-4-2022 Guru Nader From The Mid East You see all what's going on with the exchange rate...they took it down, they can easily reinstate it and the economy will not be touched...especially now...it's booming in Iraq. It's nice you can get money left and right...
11-4-2022 Get Free Money...with no strings attached The U.S. Government has begun distributing $400 billion worth of grants to qualified small businesses (80% qualify). This is 100% free money. The average grant is $110,000 to $270,000. There's no strings attached and you never have to pay this grant back. This means you can spend the money however you like. Yes, it's a big deal. Click here to see if you qualify >>
The latest guru post continue below...
11-4-2022 Newshound Guru Breitling Watch Iraq. It's very positive. It's going to happen...but you need to be making money in other areas because we can't control the date. I think a lot of people don't listen to that advice...Iraq is very positive. I'm not getting out...I haven't heard anything negative to this day, seen anything that going to stop them from a revalue.
11-4-2022 Intel Guru MarkZ [via PDK] Still hearing positive things for this upcoming week...Iraq has been very crystal clear...that the value of the dinar will be going up in the near future. They told us they are going to raise it. The question is how much they are going to raise it and how soon. Will it go from 1450 to 1200 and floating…or will it be the Nominal Effective Exchange Rate of 1 to 1 or $1.60…. I am still hearing from my sources in Iraq that they will not do 1 to 1 but if they do the NEER rate it will be $1.60 and float up. We know the rate will be going up. Their politicians have told us this…thier banks have told us this. The UN has told us this…. The question is when and how much.
11-4-2022 Newshound Guru MilitiaMan ...With the World Bank, IMF, UN, USA, etc, giving the green light of support we could say that the time is now...The CBI has nothing but good reserves, gold reserves, high oil pricing, taxes and tariffs are electronic as is more and more of the Government, inflation under control and the green light.. Looks like a perfect storm for an RI...
11-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani made a speech...it's the soul responsibility of the CBI he told us. He looked right at us and he said it's the soul responsibility of the CBI for the exchange rate to be changed. He's talking about a change in the exchange rate. Yesterday they told us they were going to add value and parliament will do their part on the budget law to present as soon as possible. They are moving quickly...
11-4-2022 Newshound Guru Pimpy [The dinar] was around 1199 for every dollar. They changed it to 1450 dinars for every dollar. Now Maliki is talking about changing it to 1375. That's about halfway between where it is now and where it was before. Keep in mind Maliki is involved in the currency auctions and he makes millions off it. So an increase in the dinar against a dollar helps him with his little scheme of making money off the currency auctions...
11-4-2022 Intel Guru MarkZ [via PDK] [ (Guru) Nader said...that when the dinar selling stops…the RV/Ri will happen.] He is right…but it’s my opinion…and the opinion in the Iraq finance ministry that you will see a complete stoppage …but not until moments before…or at the exact moment the RV goes. We are not going to get that much of a warning. The IMF and The UN says it’s now up to Iraq to pull that trigger.
11-4-2022 Newshound Guru Sandy Ingram The new prime minister of Iraq said the following on Tuesday, Its government with the help of the Central Bank of Iraq will do is best to increase the price of the Iraq dinar against the U.S. dollar. Article: "Iraqi premier to raise Iraqi dinar value" He did not say what the revalue would be.
11-4-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "The Prime Minister, Muhammad Shia Al-Sudani, has identified the Central Bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate." THIS POST IS FROM THE AUTHORITY THE PRIME MINISTER SUDANI & FROM THE POWER OF THE CBI TO CHANGE THE EXCHANGE RATE.
11-4-2022 Intel Guru MarkZ [via PDK] We seem to be in a holding pattern waiting for something to happen. Redemption center folks are on call...They are hearing much chatter of them working very long days ahead. I believe they are trying to quiet speculation. We know it will revalue…It is inevitable.
11-4-2022 Newshound Guru Pimpy Article: "The secret of the Sudanese government's retreat from changing the exchange rate of Iraqi dinar" Sudanese made a promise to the people that he would...change the exchange rate...now all of a sudden he appears to be backpedaling just a little bit. Quote: "Sudani confirmed...Tuesday that the decision to change the exchange rate of the Iraqi dinar against a dollar is a prerogative of the Central Bank and we are committed to implementing what the Central Bank deems appropriate."
11-4-2022 Intel Guru Bruce [via WiserNow] Possibly we get notified by Sunday and we exchange starting Monday or Tuesday. It’s hard to say - It's not absolute. We've got a little window here...We believe Iraq has done what they said they would do - their holding back the Iraqi dinar rate here in this country until we start...We're all set. We're ready to start. We just want this trigger to come forward for us.
11-4-2022 Guru Nader From The Mid East You see all what's going on with the exchange rate...they took it down, they can easily reinstate it and the economy will not be touched...especially now...it's booming in Iraq. It's nice you can get money left and right...
11-4-2022 Get Free Money...with no strings attached The U.S. Government has begun distributing $400 billion worth of grants to qualified small businesses (80% qualify). This is 100% free money. The average grant is $110,000 to $270,000. There's no strings attached and you never have to pay this grant back. This means you can spend the money however you like. Yes, it's a big deal. Click here to see if you qualify >>
The latest guru post continue below...
11-4-2022 Newshound Guru Breitling Watch Iraq. It's very positive. It's going to happen...but you need to be making money in other areas because we can't control the date. I think a lot of people don't listen to that advice...Iraq is very positive. I'm not getting out...I haven't heard anything negative to this day, seen anything that going to stop them from a revalue.
11-4-2022 Intel Guru MarkZ [via PDK] Still hearing positive things for this upcoming week...Iraq has been very crystal clear...that the value of the dinar will be going up in the near future. They told us they are going to raise it. The question is how much they are going to raise it and how soon. Will it go from 1450 to 1200 and floating…or will it be the Nominal Effective Exchange Rate of 1 to 1 or $1.60…. I am still hearing from my sources in Iraq that they will not do 1 to 1 but if they do the NEER rate it will be $1.60 and float up. We know the rate will be going up. Their politicians have told us this…thier banks have told us this. The UN has told us this…. The question is when and how much.
11-4-2022 Newshound Guru MilitiaMan ...With the World Bank, IMF, UN, USA, etc, giving the green light of support we could say that the time is now...The CBI has nothing but good reserves, gold reserves, high oil pricing, taxes and tariffs are electronic as is more and more of the Government, inflation under control and the green light.. Looks like a perfect storm for an RI...
11-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani made a speech...it's the soul responsibility of the CBI he told us. He looked right at us and he said it's the soul responsibility of the CBI for the exchange rate to be changed. He's talking about a change in the exchange rate. Yesterday they told us they were going to add value and parliament will do their part on the budget law to present as soon as possible. They are moving quickly...
11-4-2022 Newshound Guru Pimpy [The dinar] was around 1199 for every dollar. They changed it to 1450 dinars for every dollar. Now Maliki is talking about changing it to 1375. That's about halfway between where it is now and where it was before. Keep in mind Maliki is involved in the currency auctions and he makes millions off it. So an increase in the dinar against a dollar helps him with his little scheme of making money off the currency auctions...
11-4-2022 Intel Guru MarkZ [via PDK] [ (Guru) Nader said...that when the dinar selling stops…the RV/Ri will happen.] He is right…but it’s my opinion…and the opinion in the Iraq finance ministry that you will see a complete stoppage …but not until moments before…or at the exact moment the RV goes. We are not going to get that much of a warning. The IMF and The UN says it’s now up to Iraq to pull that trigger.
11-4-2022 Newshound Guru Sandy Ingram The new prime minister of Iraq said the following on Tuesday, Its government with the help of the Central Bank of Iraq will do is best to increase the price of the Iraq dinar against the U.S. dollar. Article: "Iraqi premier to raise Iraqi dinar value" He did not say what the revalue would be.
11-3-2022 Newshound Guru Pimpy The 8th fastest growing economy, $9 billion a month in sales, a possible $200 billion in surplus money. It just seems like Iraq is teetering right on the edge of finally getting back on track and being a great nation and ready to do business internationally. I'm looking forward to it and it's going to benefit the Iraqi people...if they prosper then hopefully...their currency will increase in value...
11-2-2022 Get Free Money...with no strings attached The U.S. Government has begun distributing $400 billion worth of grants to qualified small businesses (80% qualify). This is 100% free money. The average grant is $110,000 to $270,000. There's no strings attached and you never have to pay this grant back. This means you can spend the money however you like. Yes, it's a big deal. Click here to see if you qualify >>
The latest guru post continue below...
11-3-2022 Newshound Guru MilitiaMan Article: "Bank of Jordan opens its first branch in Iraq" Jordan opening a bank branch is likely for that they know there is going to be massive trade. Opportunities will abound like ever before in the 60 years they have been doing business. Iraq will be a central hub and Jordan would know that and is acting on that fact now.. A good thing...
11-3-2022 Intel Guru MarkZ [via PDK] The chatter has been great from Iraq. They are going after some of the top corrupt officials in Iraq now. I am still being leaned on not to share date specific things. It definitely appears to be very close.
11-3-2022 Newshound Guru Samson Article: "Announcement of a tender for the supply of currency counting and sorting machines" Quote: "The Central Bank of Iraq announces a tender for the processing of currency counting and sorting machines, according to the technical specifications and conditions contained in the sixth section of the standard document for the processing of goods."
11-3-2022 Intel Guru Frank26 Article: "Expectations of an unprecedented budget for Iraq in 2023" THE 2023 BUDGET IS EXTREMELY LARGE AND EXTREMELY HISTORICAL...AND THE PROGRAM RATE IS NOWHERE NEAR IT.
11-3-2022 Guru Nader From The Mid East My opinion is if the CBI does anything with it [the dinar rate] it's going to be in 2023. Everybody's gonna have to be patient. You have no choice...that's the truth of it...sometimes the truth hurts. The truth is brutal sometimes. It's brutal but you have to accept it...
11-3-2022 Newshound Guru Kaperoni Remember, the Central Bank of Iraq reduced the exchange rate almost 2 years ago from 1170 to 1460 for several reasons including saving money, raising reserves, but most importantly to create an environment to encourage the private sector. That's not going to change anytime soon.
11-3-2022 Newshound Guru Pimpy If they do change the rate, there's no doubt that at the very least they're going to change it back to the 1190 which was the previous rate. That's like a 22% or 27% increase in value...if it jumped up to a $3.22 rate you're talking about a 4000% increase in value. That's just not going to happen. I'm not saying it can't get to $3.22 but it's not going to happen instantaneously.
11-3-2022 Newshound Guru MilitiaMan Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government". The World Bank looks to be giving the green light on the policy of changing the dollar exchange rate. It is the Iraqi Governments prerogative.. The Article 110 of the constitution talks about this. No doubt this is giving the GOI support to get on with reforms..
11-3-2022 Intel Guru MarkZ [via PDK] Question: [Do you think there is anyway the RV won’t occur?] Absolutely not. There is a lot of pressure-especially from 2 of the major banks for us to NOT release anything on timing. Some of the dinar sites are getting constant attacks. Viruses…to take down news aggregating sites...My banking sources think we are very close...You may start seeing gurus, or intel folks disappear for awhile or get oddly quiet because of the pressure….and that’s ok…because we are close...Myself and others have been leaned on to be quiet over the last 12 hours…specifically about timing.
11-3-2022 Newshound Guru Samson Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”
11-3-2022 Intel Guru Frank26 Article: "Iraqi premier to raise Iraqi dinar value" WTF!?! What The Frank!?! Ring a ding ding... Hello new prime minister can I help you... yeah bro you got my permission let's go! Quote: "Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar". Finally, a translation that's true. This is the proper way to say this!
11-3-2022 Intel Guru Bruce [via WiserNow] ...we got...information that kind of puts us in the right place at the right time. We know that since the 15th of October, Iraqis have exchanged older high value dinars for low denomination new Iraqi dinar...you know, 5‘s 10s 20s 50s and hundreds...we saw where the Iraqis could exchange in Rashid bank and possibly other banks their high dinar notes 25k...And...10k dinar notes for the equivalent in US dollars, which yesterday was on a one to one exchange rate, or on par with the US dollar in Iraq one to one - $1 For one dinar...Now, our rates on our screens in the redemption centers are going to show us much more favorably than that...we talked about what Dr Shabibi projected way back in 2012...we could have that...or even higher than that...let's...see what...Thursday brings for us.
11-2-2022 Get Free Money...with no strings attached The U.S. Government has begun distributing $400 billion worth of grants to qualified small businesses (80% qualify). This is 100% free money. The average grant is $110,000 to $270,000. There's no strings attached and you never have to pay this grant back. This means you can spend the money however you like. Yes, it's a big deal. Click here to see if you qualify >>
The latest guru post continue below...
11-3-2022 Newshound Guru MilitiaMan Article: "Bank of Jordan opens its first branch in Iraq" Jordan opening a bank branch is likely for that they know there is going to be massive trade. Opportunities will abound like ever before in the 60 years they have been doing business. Iraq will be a central hub and Jordan would know that and is acting on that fact now.. A good thing...
11-3-2022 Intel Guru MarkZ [via PDK] The chatter has been great from Iraq. They are going after some of the top corrupt officials in Iraq now. I am still being leaned on not to share date specific things. It definitely appears to be very close.
11-3-2022 Newshound Guru Samson Article: "Announcement of a tender for the supply of currency counting and sorting machines" Quote: "The Central Bank of Iraq announces a tender for the processing of currency counting and sorting machines, according to the technical specifications and conditions contained in the sixth section of the standard document for the processing of goods."
11-3-2022 Intel Guru Frank26 Article: "Expectations of an unprecedented budget for Iraq in 2023" THE 2023 BUDGET IS EXTREMELY LARGE AND EXTREMELY HISTORICAL...AND THE PROGRAM RATE IS NOWHERE NEAR IT.
11-3-2022 Guru Nader From The Mid East My opinion is if the CBI does anything with it [the dinar rate] it's going to be in 2023. Everybody's gonna have to be patient. You have no choice...that's the truth of it...sometimes the truth hurts. The truth is brutal sometimes. It's brutal but you have to accept it...
11-3-2022 Newshound Guru Kaperoni Remember, the Central Bank of Iraq reduced the exchange rate almost 2 years ago from 1170 to 1460 for several reasons including saving money, raising reserves, but most importantly to create an environment to encourage the private sector. That's not going to change anytime soon.
11-3-2022 Newshound Guru Pimpy If they do change the rate, there's no doubt that at the very least they're going to change it back to the 1190 which was the previous rate. That's like a 22% or 27% increase in value...if it jumped up to a $3.22 rate you're talking about a 4000% increase in value. That's just not going to happen. I'm not saying it can't get to $3.22 but it's not going to happen instantaneously.
11-3-2022 Newshound Guru MilitiaMan Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government". The World Bank looks to be giving the green light on the policy of changing the dollar exchange rate. It is the Iraqi Governments prerogative.. The Article 110 of the constitution talks about this. No doubt this is giving the GOI support to get on with reforms..
11-3-2022 Intel Guru MarkZ [via PDK] Question: [Do you think there is anyway the RV won’t occur?] Absolutely not. There is a lot of pressure-especially from 2 of the major banks for us to NOT release anything on timing. Some of the dinar sites are getting constant attacks. Viruses…to take down news aggregating sites...My banking sources think we are very close...You may start seeing gurus, or intel folks disappear for awhile or get oddly quiet because of the pressure….and that’s ok…because we are close...Myself and others have been leaned on to be quiet over the last 12 hours…specifically about timing.
11-3-2022 Newshound Guru Samson Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”
11-3-2022 Intel Guru Frank26 Article: "Iraqi premier to raise Iraqi dinar value" WTF!?! What The Frank!?! Ring a ding ding... Hello new prime minister can I help you... yeah bro you got my permission let's go! Quote: "Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar". Finally, a translation that's true. This is the proper way to say this!
11-3-2022 Intel Guru Bruce [via WiserNow] ...we got...information that kind of puts us in the right place at the right time. We know that since the 15th of October, Iraqis have exchanged older high value dinars for low denomination new Iraqi dinar...you know, 5‘s 10s 20s 50s and hundreds...we saw where the Iraqis could exchange in Rashid bank and possibly other banks their high dinar notes 25k...And...10k dinar notes for the equivalent in US dollars, which yesterday was on a one to one exchange rate, or on par with the US dollar in Iraq one to one - $1 For one dinar...Now, our rates on our screens in the redemption centers are going to show us much more favorably than that...we talked about what Dr Shabibi projected way back in 2012...we could have that...or even higher than that...let's...see what...Thursday brings for us.
11-2-2022 Intel Guru MarkZ [via PDK] We have a lot of contention amongst the finance ministers ...my contacts in Iraq . I was told what they would like to do is go back to the 1200 rate …do that for a couple of weeks…then do a 1 to 1 rate with the USD for a short period and then reinstate it to the full value to allow them to suck up more dinar off the streets. I am still told that doesn’t affect us as we are covered under a contract rate with the “oil for dinar”. But that is the rumors I am hearing.
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The latest guru post continue below...
11-2-2022 Newshound Guru Militiaman Article "This is the controller.. Economic: Changing the dollar exchange rate is very possible" It looks like there is still a push to counter the article about that there is not a move to adjust the exchange rate. We can see the hand hold by the World Bank today saying the GOI has the prerogative .. The private sector is not going to get up and running without an adjustment to the rate change..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The reforms have a rate change and that's the next thing that's happening. The government today said why do you think I'm changing the rate to 1200? FRANK: ...Find me one person talking about the 1200. And who is it? Framework. Anybody else? No. Only the Framework is talking about 1200. The CBI, experts, economists are talking about the 1200 that the Framework are talking about. FIREFlY: The next step of the reforms is a rate change...and the budget will be tied into this.
11-2-2022 Newshound Guru Samson Article "Bank of Jordan opens its first branch in Iraq" Quote "The decision to branch out in Iraq comes to enhance our regional presence and to translate the bank's strategy that it has adopted to expand its business in the countries of the region, whose markets are witnessing remarkable growth and promising opportunities, which will positively reflect on the services provided to our current and future customers."
11-2-2022 Newshound Guru Pimpy Article: "Iraq is the eight Arab country with the fastest growing economy in 2023" This is phenomenal news for Iraq...this is what we want. What we really need in order to get a very decent increase in the value in the Iraqi dinar is a stable government with stable county and low unemployment numbers. We need to get there. Hopefully this new government being formed is going to tackle these issues.
11-2-2022 Guru Nader From The Mid East No investor is going to take a risk and come and invest in Iraq. They know their dinar is very low and it doesn't have any values. (This is for Iraq people, for the politicians if one or two of them listen to me. I know there's one or two listen because I received a couple of messages) ...If I was an investor I would not invest in Iraq for now because the dinar it's very low. What I'm gonna do? I can't even use it out there.
11-2-2022 Newshound Guru Breitling Remember the currency [dinar] is at an artificial rate and they've manipulated it by printing so much currency. The way they get the value back up is to reduce the note count. If they want to diversify they need to reduce their note count, start adding value to their currency and that way international markets...take their currency seriously.
11-2-2022 Intel Guru MarkZ [via PDK] “World Bank: The policy of changing the exchange rate of the dollar is the prerogative of the Iraqi Government” Everything is done…we are waiting for them to pull the trigger...There is all kinds of information coming to us on that front.
11-2-2022 Newshound Guru Militiaman The likes of the CBI to revert back to 1200 makes absolutely no sense at all. It would...fire the street up like no other. The citizens expect purchase power not a slap in the face.. The private sector will never get off the ground with out an international IMF Article VIII compliant currency. 1200 will not make muster.. EVER... imo..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Again the CBI is meeting with Sudani...and they are giving reports on all Iraqi banks...some are calling for a 1200 rate to come back. Many are saying don't change it to that because the reform itself calls for a rate change and that change will be better...
11-2-2022 Newshound Guru Samson Article: "Al-Maliki proposes 1375 dinars to the dollar exchange rate" Quote: "The reduction in the price of the dinar and the failure to address the consequences for the citizen has caused a difficult economic and living crisis. and integrated."
11-2-2022 Newshound Guru Pimpy I'm still hearing...they anticipate an exchange rate increase back to the original, and I don't mean the 1190 dinars, they're talking about the $3 rate. There's not indication of that anywhere out there...if anything they'll reinstate it back to the original rate where it was [1200]. That's the first step.
11-2-2022 Intel Guru MarkZ [via PDK] [Is it true that if we exchange with the first basket –we cant exchange with the 2nd?] I am told that is no longer true …there will not be a “true second basket” Now one basket of everyone that is ready will go….and all others will go individually as they are ready…we should still be able to take advantage and invest in the other countries currencies as they go…after the initial first basket. All those not ready I expect to float and float quickly to where they belong.
11-2-2022 Newshound/Intel Guru Mnt Goat ...we need the reinstatement on FOREX to be able to go to the bank and exchange at the rate we want. In this regard, there was some new bit of very good news in the articles this week...an economists spoke up about the reinstatement. WOW! No, he did not mention the word “reinstatement” perse, but described exactly what the process would be and should be. He only left out the float part... The other amazing part about this same article is that it also talked about the program rate and changing the exchange rate. Yes, both concepts of changing the exchange rate compared to each other in the same article. WOW! WOW!...Is this just the beginning of the push to go international?
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Key is back to 1190 then within 3 to 4 weeks go to 1 to 1 maybe even $1.15 soon after that to go into the $3+ range. FRANK: Well that's almost correct...
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The latest guru post continue below...
11-2-2022 Newshound Guru Militiaman Article "This is the controller.. Economic: Changing the dollar exchange rate is very possible" It looks like there is still a push to counter the article about that there is not a move to adjust the exchange rate. We can see the hand hold by the World Bank today saying the GOI has the prerogative .. The private sector is not going to get up and running without an adjustment to the rate change..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The reforms have a rate change and that's the next thing that's happening. The government today said why do you think I'm changing the rate to 1200? FRANK: ...Find me one person talking about the 1200. And who is it? Framework. Anybody else? No. Only the Framework is talking about 1200. The CBI, experts, economists are talking about the 1200 that the Framework are talking about. FIREFlY: The next step of the reforms is a rate change...and the budget will be tied into this.
11-2-2022 Newshound Guru Samson Article "Bank of Jordan opens its first branch in Iraq" Quote "The decision to branch out in Iraq comes to enhance our regional presence and to translate the bank's strategy that it has adopted to expand its business in the countries of the region, whose markets are witnessing remarkable growth and promising opportunities, which will positively reflect on the services provided to our current and future customers."
11-2-2022 Newshound Guru Pimpy Article: "Iraq is the eight Arab country with the fastest growing economy in 2023" This is phenomenal news for Iraq...this is what we want. What we really need in order to get a very decent increase in the value in the Iraqi dinar is a stable government with stable county and low unemployment numbers. We need to get there. Hopefully this new government being formed is going to tackle these issues.
11-2-2022 Guru Nader From The Mid East No investor is going to take a risk and come and invest in Iraq. They know their dinar is very low and it doesn't have any values. (This is for Iraq people, for the politicians if one or two of them listen to me. I know there's one or two listen because I received a couple of messages) ...If I was an investor I would not invest in Iraq for now because the dinar it's very low. What I'm gonna do? I can't even use it out there.
11-2-2022 Newshound Guru Breitling Remember the currency [dinar] is at an artificial rate and they've manipulated it by printing so much currency. The way they get the value back up is to reduce the note count. If they want to diversify they need to reduce their note count, start adding value to their currency and that way international markets...take their currency seriously.
11-2-2022 Intel Guru MarkZ [via PDK] “World Bank: The policy of changing the exchange rate of the dollar is the prerogative of the Iraqi Government” Everything is done…we are waiting for them to pull the trigger...There is all kinds of information coming to us on that front.
11-2-2022 Newshound Guru Militiaman The likes of the CBI to revert back to 1200 makes absolutely no sense at all. It would...fire the street up like no other. The citizens expect purchase power not a slap in the face.. The private sector will never get off the ground with out an international IMF Article VIII compliant currency. 1200 will not make muster.. EVER... imo..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Again the CBI is meeting with Sudani...and they are giving reports on all Iraqi banks...some are calling for a 1200 rate to come back. Many are saying don't change it to that because the reform itself calls for a rate change and that change will be better...
11-2-2022 Newshound Guru Samson Article: "Al-Maliki proposes 1375 dinars to the dollar exchange rate" Quote: "The reduction in the price of the dinar and the failure to address the consequences for the citizen has caused a difficult economic and living crisis. and integrated."
11-2-2022 Newshound Guru Pimpy I'm still hearing...they anticipate an exchange rate increase back to the original, and I don't mean the 1190 dinars, they're talking about the $3 rate. There's not indication of that anywhere out there...if anything they'll reinstate it back to the original rate where it was [1200]. That's the first step.
11-2-2022 Intel Guru MarkZ [via PDK] [Is it true that if we exchange with the first basket –we cant exchange with the 2nd?] I am told that is no longer true …there will not be a “true second basket” Now one basket of everyone that is ready will go….and all others will go individually as they are ready…we should still be able to take advantage and invest in the other countries currencies as they go…after the initial first basket. All those not ready I expect to float and float quickly to where they belong.
11-2-2022 Newshound/Intel Guru Mnt Goat ...we need the reinstatement on FOREX to be able to go to the bank and exchange at the rate we want. In this regard, there was some new bit of very good news in the articles this week...an economists spoke up about the reinstatement. WOW! No, he did not mention the word “reinstatement” perse, but described exactly what the process would be and should be. He only left out the float part... The other amazing part about this same article is that it also talked about the program rate and changing the exchange rate. Yes, both concepts of changing the exchange rate compared to each other in the same article. WOW! WOW!...Is this just the beginning of the push to go international?
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Key is back to 1190 then within 3 to 4 weeks go to 1 to 1 maybe even $1.15 soon after that to go into the $3+ range. FRANK: Well that's almost correct...
11-1-2022 Newshound Guru Samson Article "Report: The 2023 budget will cross the $100 billion mark" Quote "there is no intention to change the Iraqi dinar exchange rate against the dollar at the present time, after a lengthy meeting held by the new Prime Minister, Muhammad Shia. Al-Sudani, with the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheeb, yesterday, Monday"
11-1-2022 Intel Guru MarkZ [via PDK] From the banking side today…Bankers are through the roof excited. They think there will be a release this evening...my bankers ...think we are in a 24-36 hour window. I think it’s a bit premature… It is possible they are correct…especially with the chatter coming out of Iraq today. ...the remarks coming out of Iraq today... reinforced what I was told by my Finance Ministry contact on the ground in Iraq…that at this point is up to the CBI to change that rate. ...There is an overwhelming level of excitement. [post 2 of 2]
11-1-2022 Intel Guru MarkZ [via PDK] We have some interesting news out of Iraq today. Sudani stated the Central bank has the mechanism to change the rate…quote: ”Al Sudani said...the Central bank is the only ones responsible party for changing the dollar exchange rate…and we are committed to this aspect. And we support the independence of the bank.“ This means the bank can change the rate…they do not need anything else. [post 1 of 2....stay tuned]
11-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] As soon as you see a "seated and announced" government, and that's the key, it has to be announced. Seated and Announced. Right now they're just piecing it [together] and telling you about it...
11-1-2022 Newshound Guru Pimpy I'm anticipating that once the first rate change takes place, depending on how it affects the Iraqi government I'm anticipating a second rate change within 6 months. Nothing major. They're just going to go up in increments. I think what they want to do is pay attention to how these increases are going to affect the overall economy...I'm anticipating the first rate change will start stimulating the economy even more...it's easy to get excited about what's going on... [Post 2 of 2]
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11-1-2022 Newshound Guru Pimpy I have no doubt Iraq is going to change their exchange rate and bring it back to the previous rate. Right now you get 1450 Iraqi dinar for every 1 dollar. I'm pretty sure they're going to change it back to where you get 1200 dinar for every U.S. dollar or 1190... you're looking at about a 17.5% increase in value. That's not too bad at all just depends on when you bought...and how much you paid for it... [Post 1 of 2....stay tuned]
11-1-2022 Intel Guru MarkZ [via PDK] I’ve not heard anything negative and I’ve not heard anything positive either. Everyone seems to be waiting on whatever this trigger event is. Most of my sources are telling me it’s still between the 3rd and the 11th. Praying it is sooner as I know many people are suffering. Iraq news is a lot of investment fluff. Everyone is counting on Iraq having a new rate. All of the investments, cross border payments, setting up of electronic banking in the country …we know they are planning on a much higher value in their currency.
11-1-2022 Newshound Guru Jeff Iraq has made tremendous progress and strides meeting the central bank's requirements of achieving political stability and everything...the next reform step is the rate change.
11-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Two more positions is what they're telling us they need. It's enough now to have a seated government but the last two spots are in dispute between the Kurdistan parties but we do not think that's going to delay anything...
11-1-2022 Newshound Guru Samson Article: "After the fluctuation ... Assurances that there is no step to change the exchange rate of the dollar against the dinar" Quote: "The exchange rates of the dollar against the dinar continue to fluctuate in the local market value...amid speculations from some parties that the Sudanese government will reduce the rate, although all the assurances refer to finding economic solutions and not changing the exchange rate."
11-1-2022 Newshound/Intel Guru RVAlready If the CBI considers Iraq stable enough, they will release the RV. The RVs will improve stability in the region. The UN is pushing this release. The CBI has had plenty of time to prep for this. They should let this go soon...I think the UN and IMF have given the CBI the green light...
11-1-2022 Intel Guru MarkZ [via PDK] News out of Iraq is all over the place. Seems to be status quo right now with politicians, leaders and finance ministers…but don’t take this as a bad thing. Part of them are saying”no,no, no –we can’t do it now” and part are saying “We are absolutely doing it now” This is what we expect. We saw the same thing out of Kuwait…this is playing out exactly as expected. We have to somehow keep our calm and our patience as we work through this.
11-1-2022 Intel Guru MarkZ [via PDK] From the banking side today…Bankers are through the roof excited. They think there will be a release this evening...my bankers ...think we are in a 24-36 hour window. I think it’s a bit premature… It is possible they are correct…especially with the chatter coming out of Iraq today. ...the remarks coming out of Iraq today... reinforced what I was told by my Finance Ministry contact on the ground in Iraq…that at this point is up to the CBI to change that rate. ...There is an overwhelming level of excitement. [post 2 of 2]
11-1-2022 Intel Guru MarkZ [via PDK] We have some interesting news out of Iraq today. Sudani stated the Central bank has the mechanism to change the rate…quote: ”Al Sudani said...the Central bank is the only ones responsible party for changing the dollar exchange rate…and we are committed to this aspect. And we support the independence of the bank.“ This means the bank can change the rate…they do not need anything else. [post 1 of 2....stay tuned]
11-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] As soon as you see a "seated and announced" government, and that's the key, it has to be announced. Seated and Announced. Right now they're just piecing it [together] and telling you about it...
11-1-2022 Newshound Guru Pimpy I'm anticipating that once the first rate change takes place, depending on how it affects the Iraqi government I'm anticipating a second rate change within 6 months. Nothing major. They're just going to go up in increments. I think what they want to do is pay attention to how these increases are going to affect the overall economy...I'm anticipating the first rate change will start stimulating the economy even more...it's easy to get excited about what's going on... [Post 2 of 2]
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11-1-2022 Newshound Guru Pimpy I have no doubt Iraq is going to change their exchange rate and bring it back to the previous rate. Right now you get 1450 Iraqi dinar for every 1 dollar. I'm pretty sure they're going to change it back to where you get 1200 dinar for every U.S. dollar or 1190... you're looking at about a 17.5% increase in value. That's not too bad at all just depends on when you bought...and how much you paid for it... [Post 1 of 2....stay tuned]
11-1-2022 Intel Guru MarkZ [via PDK] I’ve not heard anything negative and I’ve not heard anything positive either. Everyone seems to be waiting on whatever this trigger event is. Most of my sources are telling me it’s still between the 3rd and the 11th. Praying it is sooner as I know many people are suffering. Iraq news is a lot of investment fluff. Everyone is counting on Iraq having a new rate. All of the investments, cross border payments, setting up of electronic banking in the country …we know they are planning on a much higher value in their currency.
11-1-2022 Newshound Guru Jeff Iraq has made tremendous progress and strides meeting the central bank's requirements of achieving political stability and everything...the next reform step is the rate change.
11-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Two more positions is what they're telling us they need. It's enough now to have a seated government but the last two spots are in dispute between the Kurdistan parties but we do not think that's going to delay anything...
11-1-2022 Newshound Guru Samson Article: "After the fluctuation ... Assurances that there is no step to change the exchange rate of the dollar against the dinar" Quote: "The exchange rates of the dollar against the dinar continue to fluctuate in the local market value...amid speculations from some parties that the Sudanese government will reduce the rate, although all the assurances refer to finding economic solutions and not changing the exchange rate."
11-1-2022 Newshound/Intel Guru RVAlready If the CBI considers Iraq stable enough, they will release the RV. The RVs will improve stability in the region. The UN is pushing this release. The CBI has had plenty of time to prep for this. They should let this go soon...I think the UN and IMF have given the CBI the green light...
11-1-2022 Intel Guru MarkZ [via PDK] News out of Iraq is all over the place. Seems to be status quo right now with politicians, leaders and finance ministers…but don’t take this as a bad thing. Part of them are saying”no,no, no –we can’t do it now” and part are saying “We are absolutely doing it now” This is what we expect. We saw the same thing out of Kuwait…this is playing out exactly as expected. We have to somehow keep our calm and our patience as we work through this.
10-31-2022 Intel Guru Frank26 Article: "The European Union for the Sudanese: We support the implementation of the announced reform program and the fight against corruption" SO DOES GERMANY, SO DOES THE UK, THE USA, SAUDI ARABIA, CHINA, EGYPT, JORDAN, TURKEY, KUWAIT, SOUTH KOREA, EVERYBODY IN THE WORLD SUPPORTS WHAT IRAQ IS DOING.
10-31-2022 Newshound Guru Militiaman Article "Taif Sami assumes her duties as Minister of Finance" We have the Finance Minster all set and ready to get financial work off and running under the new government. Good deal, she will be working in tandem with the Central Bank. What timing...
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10-31-2022 Newshound Guru Pimpy All the chitter-chatter about the change of the Iraqi dinar exchange rate, it's just all talk for now. Once the government...start to do their jobs we'll find out quickly within a couple weeks, maybe even a month at the very latest if they were sincere about changing the exchange rate. I would imagine when it comes to Maliki and his sidekick they are looking forward to changing the rate back because that's how they make quick money. My guess is it's definitely going to be one of their priorities...
10-31-2022 Newshound Guru Clare Article: "Al-Sudani meets with the Governor of the Central Bank" VERY IMPORTANT IMO!
10-31-2022 Guru Nader From The Mid East About the exchange rate - you see it back and forth, back and forth. One day yes. One day no...One day the CBI comes and goes, 'We're ready to change...' and other one comes out and goes, 'It's going to hurt the economy if we do this and that...' Whatever you hear from anybody, I'm not gonna say it's bullshit but it's just a guess... Nobody knows what's gonna happen...me, I say the solution is put it 1 to 1. Let's see what happens. If it works good, you can go up. If it works bad, go back down...I think it's going help the economy...because you don't have to deal with million and million of dinars...
10-31-2022 Newshound Guru Kaperoni There are only two options for Iraq pertaining to the dinar. They either redenominate/LOP reducing the currency from trillions to billions which is a neutral event no gain/profit or they gradually raise it over several years as the economy grows reducing the money supply.
10-31-2022 Intel Guru MarkZ [via PDK] Interesting stuff over the weekend. A huge amount of chatter from the redemption centers about them starting work today. I don’t have an update today but as of yesterday they had a huge hopes for the possibility of starting as early as today…this is exciting. There is interesting stuff coming out of Iraq. And some back and forth stuff from Iraq... the reality that nobody knows the exact timing.
10-31-2022 Intel Guru Frank26 They're going exchange them for the rate ...and give it to you in your savings account. When you drop the 3-zeros, you drop them off the exchange rate [.0008569 becomes .8569]. That's very close to being 1 to 1 right there...'but Frank I got a 25K note and if they drop the 3-zeros and it's 1 to 1 then a 25K is $25,000...and because I live outside of Iraq I can exchange it for the international rate. That's how I get my capital gains.' Yeah! [Post 2 of 2]
10-31-2022 Intel Guru Frank26 There are two ways of looking at the 3-zeros...What happens when they say, 'we're going to drop the 3-zeros?' Do you think they're going to get a pair of scissor and they're gonna cut that out [the 3 zeros on a 25000 note]? There's your 25? ...When you drop the 3-zeros from the exchange rate [.0008569] you're left with .85...When you take your physical 3-zero notes 25,000, 10,000, 5000, 1,000...they're not just gonna cut them [the zeros] out. [Post 1 of 2....stay tuned]
10-31-2022 Newshound Guru Samson Article: "A leader in the framework: The dollar exchange rate will be reviewed within 60 days" Quote: "Studying the issue of re-exchange of the dollar is one of the priorities of the Sudanese government."
10-31-2022 Intel Guru MarkZ [via PDK] [When all we hear about is Iraq- What makes you think the other currencies will go too?] The only reason we hear so much about Iraq is they are the canary in the coal mine…. It’s the easiest one to track. But there is a lot of pressure for the dong and others to go at the same time.
10-31-2022 Newshound Guru Pimpy We're saying goodbye to Al- Kazemi ...[he] turned over all control and powers to the new prime minister Al-Sudani... in his speech you could tell that his is preparing himself for which is to come and that is the coordination framework is definitely going to go after him. They're going to accuse him of being corrupt...and try to charge him. Maliki is not thrilled about that fact Al-Kazemi attempted to investigate him...Al-Kazemi is already restricted from being able to leave the country.
10-31-2022 Newshound Guru Militiaman Article "Taif Sami assumes her duties as Minister of Finance" We have the Finance Minster all set and ready to get financial work off and running under the new government. Good deal, she will be working in tandem with the Central Bank. What timing...
10-31-2022 New Video There's a dirty little secret in the travel industry. “Discount” sites like Expedia, Priceline, Hotels.com and Booking.com are charging up to 86% too much. Staying in a hotel, condo or resort? I think you’ll love this FREE member's only bonus. You're going to save a ton of money. Click here watch the 3 minute video >>
10-31-2022 Newshound Guru Pimpy All the chitter-chatter about the change of the Iraqi dinar exchange rate, it's just all talk for now. Once the government...start to do their jobs we'll find out quickly within a couple weeks, maybe even a month at the very latest if they were sincere about changing the exchange rate. I would imagine when it comes to Maliki and his sidekick they are looking forward to changing the rate back because that's how they make quick money. My guess is it's definitely going to be one of their priorities...
10-31-2022 Newshound Guru Clare Article: "Al-Sudani meets with the Governor of the Central Bank" VERY IMPORTANT IMO!
10-31-2022 Guru Nader From The Mid East About the exchange rate - you see it back and forth, back and forth. One day yes. One day no...One day the CBI comes and goes, 'We're ready to change...' and other one comes out and goes, 'It's going to hurt the economy if we do this and that...' Whatever you hear from anybody, I'm not gonna say it's bullshit but it's just a guess... Nobody knows what's gonna happen...me, I say the solution is put it 1 to 1. Let's see what happens. If it works good, you can go up. If it works bad, go back down...I think it's going help the economy...because you don't have to deal with million and million of dinars...
10-31-2022 Newshound Guru Kaperoni There are only two options for Iraq pertaining to the dinar. They either redenominate/LOP reducing the currency from trillions to billions which is a neutral event no gain/profit or they gradually raise it over several years as the economy grows reducing the money supply.
10-31-2022 Intel Guru MarkZ [via PDK] Interesting stuff over the weekend. A huge amount of chatter from the redemption centers about them starting work today. I don’t have an update today but as of yesterday they had a huge hopes for the possibility of starting as early as today…this is exciting. There is interesting stuff coming out of Iraq. And some back and forth stuff from Iraq... the reality that nobody knows the exact timing.
10-31-2022 Intel Guru Frank26 They're going exchange them for the rate ...and give it to you in your savings account. When you drop the 3-zeros, you drop them off the exchange rate [.0008569 becomes .8569]. That's very close to being 1 to 1 right there...'but Frank I got a 25K note and if they drop the 3-zeros and it's 1 to 1 then a 25K is $25,000...and because I live outside of Iraq I can exchange it for the international rate. That's how I get my capital gains.' Yeah! [Post 2 of 2]
10-31-2022 Intel Guru Frank26 There are two ways of looking at the 3-zeros...What happens when they say, 'we're going to drop the 3-zeros?' Do you think they're going to get a pair of scissor and they're gonna cut that out [the 3 zeros on a 25000 note]? There's your 25? ...When you drop the 3-zeros from the exchange rate [.0008569] you're left with .85...When you take your physical 3-zero notes 25,000, 10,000, 5000, 1,000...they're not just gonna cut them [the zeros] out. [Post 1 of 2....stay tuned]
10-31-2022 Newshound Guru Samson Article: "A leader in the framework: The dollar exchange rate will be reviewed within 60 days" Quote: "Studying the issue of re-exchange of the dollar is one of the priorities of the Sudanese government."
10-31-2022 Intel Guru MarkZ [via PDK] [When all we hear about is Iraq- What makes you think the other currencies will go too?] The only reason we hear so much about Iraq is they are the canary in the coal mine…. It’s the easiest one to track. But there is a lot of pressure for the dong and others to go at the same time.
10-31-2022 Newshound Guru Pimpy We're saying goodbye to Al- Kazemi ...[he] turned over all control and powers to the new prime minister Al-Sudani... in his speech you could tell that his is preparing himself for which is to come and that is the coordination framework is definitely going to go after him. They're going to accuse him of being corrupt...and try to charge him. Maliki is not thrilled about that fact Al-Kazemi attempted to investigate him...Al-Kazemi is already restricted from being able to leave the country.
10-30-2022 Newshound Guru Samson Article: "New Jaguar Land Rover facility in Baghdad" Quote: "Sardar Trading Agencies, the official distributor of Jaguar Land Rover in Iraq, has opened a new $12-million Jaguar Land Rover facility in Baghdad's Al Mansour district."
10-30-2022 Intel Guru Frank26 ...The American dollar is tanking and suffering and losing value so that's why the thought is that they may take it to 1200 and come out at $1.20 to 1 instead of 1 to 1...
10-30-2022 Newshound Guru MilitiaMan Article: "IBBC focused on 'Iraq - Identifying Business Opportunities' in Dubai conference 10 & 11 November 2022 " Now this surely looks like an after the fact conference to me.. Once they decide to adjust the exchange rate, then we will have a need for the private sector to hit the ground running. Everyone knows that. We know that why? The Kuwait conference... The article of late have been thick about changing the exchange rate, deletion of the three zeros and to a lesser extent but relevant are the small category notes. The latter is to be a necessity with an exchange rate change.
10-30-2022 Newshound/Intel Guru RVAlready [So what is our time-line for the rv?] ...nobody really knows, but it should be pretty soon, with banks getting instructions. [reference RayRen98 post below]
10-30-2022 Newshound Guru Kaperoni guru Frank 26 claims Iraq is going to raise the value from 1460 back to 1200. I can tell you right now that will not happen it does not encourage Iraq to build a flourishing economy...Various successes in Iraq such as seating Parliament or a government is all good news but it requires Iraq as a whole to create the conditions to build an economy. Only with the success of that economy can the dinar rise in value.
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10-30-2022 Newshound Guru Sandy Ingram Here's how and who stole $2.5 billion worth of Iraqi dinars in Iraq. They are calling this the crime of the century...Approximately 3.7 million Iraqi dinars was fraudulently paid to 5 companies by the general commission of taxes an office within the ministry of Finances. The money was paid through 247 checks between 9/2021 and 8/2022 from the commissioner's account at the state-run Rafidain Bank...the Iraqi court has seized the cash...of the accused, their wives and sons...there was more than one family involved...the tax Commissioner General director and his Deputy have been arrested.
10-30-2022 Newshound Guru Pimpy The Iraqi dinar value has gone up. People [In Iraq?] are dumping the U.S. dollars in speculation that the rate change is going to happen so they want to make sure they get more of the Iraqi dinars for the current value and then wait for it to go up and they'll have about 22% to 27% more in value. That's a pretty big jump.
10-30-2022 Newshound Guru Jeff The central bank had minimal requirements in order for the rate change to move forward. Article from 10-2014 "Iraq dinar revaluation postponed by central bank for 5 years..." What they're saying in this, due to political corruption and instability they are not ready to revalue their currency...that's what they accomplished yesterday by completing the formation of their government. Now that the government is done they have met the central banks qualifications to revalue the currency...
10-30-2022 Intel Guru RayRen98 HMMMMMMMMM SOME BANKS ARE CALLING THEIR STAFF MEMBERS...BANKS ARE RECEIVING (OR HAVE RECEIVED) SOME WRITTEN INSTRUCTIONS WITH MORE TO COME!
10-30-2022 Newshound Guru Samson Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"
10-30-2022 Intel Guru MarkZ [via PDK] in Iraq we are seeing exactly what we saw in Kuwait. Crazy information and articles being recycled from 2 years ago…we are being inundated with BS right now…you are going to have to stay calm and let it filter through.
10-30-2022 Intel Guru Frank26 ...The American dollar is tanking and suffering and losing value so that's why the thought is that they may take it to 1200 and come out at $1.20 to 1 instead of 1 to 1...
10-30-2022 Newshound Guru MilitiaMan Article: "IBBC focused on 'Iraq - Identifying Business Opportunities' in Dubai conference 10 & 11 November 2022 " Now this surely looks like an after the fact conference to me.. Once they decide to adjust the exchange rate, then we will have a need for the private sector to hit the ground running. Everyone knows that. We know that why? The Kuwait conference... The article of late have been thick about changing the exchange rate, deletion of the three zeros and to a lesser extent but relevant are the small category notes. The latter is to be a necessity with an exchange rate change.
10-30-2022 Newshound/Intel Guru RVAlready [So what is our time-line for the rv?] ...nobody really knows, but it should be pretty soon, with banks getting instructions. [reference RayRen98 post below]
10-30-2022 Newshound Guru Kaperoni guru Frank 26 claims Iraq is going to raise the value from 1460 back to 1200. I can tell you right now that will not happen it does not encourage Iraq to build a flourishing economy...Various successes in Iraq such as seating Parliament or a government is all good news but it requires Iraq as a whole to create the conditions to build an economy. Only with the success of that economy can the dinar rise in value.
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10-30-2022 Newshound Guru Sandy Ingram Here's how and who stole $2.5 billion worth of Iraqi dinars in Iraq. They are calling this the crime of the century...Approximately 3.7 million Iraqi dinars was fraudulently paid to 5 companies by the general commission of taxes an office within the ministry of Finances. The money was paid through 247 checks between 9/2021 and 8/2022 from the commissioner's account at the state-run Rafidain Bank...the Iraqi court has seized the cash...of the accused, their wives and sons...there was more than one family involved...the tax Commissioner General director and his Deputy have been arrested.
10-30-2022 Newshound Guru Pimpy The Iraqi dinar value has gone up. People [In Iraq?] are dumping the U.S. dollars in speculation that the rate change is going to happen so they want to make sure they get more of the Iraqi dinars for the current value and then wait for it to go up and they'll have about 22% to 27% more in value. That's a pretty big jump.
10-30-2022 Newshound Guru Jeff The central bank had minimal requirements in order for the rate change to move forward. Article from 10-2014 "Iraq dinar revaluation postponed by central bank for 5 years..." What they're saying in this, due to political corruption and instability they are not ready to revalue their currency...that's what they accomplished yesterday by completing the formation of their government. Now that the government is done they have met the central banks qualifications to revalue the currency...
10-30-2022 Intel Guru RayRen98 HMMMMMMMMM SOME BANKS ARE CALLING THEIR STAFF MEMBERS...BANKS ARE RECEIVING (OR HAVE RECEIVED) SOME WRITTEN INSTRUCTIONS WITH MORE TO COME!
10-30-2022 Newshound Guru Samson Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"
10-30-2022 Intel Guru MarkZ [via PDK] in Iraq we are seeing exactly what we saw in Kuwait. Crazy information and articles being recycled from 2 years ago…we are being inundated with BS right now…you are going to have to stay calm and let it filter through.
10-29-2022 Newshound Guru Pimpy There's a lot of people out there going...crazy about the exchange rate getting ready to happen - getting ready for it to soar - It's gonna take off - This is the time we've been waiting for...we're going to find out quickly what's going to happen with the Iraqi dinar. It really depends on what this government has in store for the Iraqi people.
10-29-2022 Intel Guru Frank26 Question "If you didn't have dinars, what currency would you have?" Do you know of any central bank that the IMF is bragging about and telling the whole would that they're about to raise the value of their currency by moving the exchange rate? Do you know of any other country where the International Monetary Fund, the one that tell all banks what to do, that there's another Central Bank that is doing what the Central Bank of Iraq is doing? The answer is no. So if you ask me would I invest in another currency. No. If Iraq did not exist I would not be investing in any currency right now because nobody is going to raise the value value of their currency...
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10-29-2022 Newshound Guru MilitiaMan The economic opportunities are going to be the internationalism that jump starts the country.. After yesterdays closure of the "Davos in the Sand" meeting in Riyadh, the ME Summit in DUBAI, the virtual meeting with the AMF about the upgrades and connectivity to the world on the BUNA platform coinciding with the vote on the government gaining confidence is not only amazing, it appears to have been all timed accordingly. The line up that is geared for digital transformation this last few days shows that it is time for Iraq to getter done.. Very exciting times.
10-29-2022 Newshound Guru Samson Article "Is Iraq exploiting the wealth of minerals instead of oil?" Quote " Iraq occupies the first reserve in the world of sulfur and the second reserve after Morocco of phosphate."
10-29-2022 Newshound Guru Jeff The government is 100% done and Iraq is now ready to join the international community.
10-29-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq Article: "Iraqi government to enhance security cooperation with U.S."
10-29-2022 Intel Guru MarkZ [via PDK] It’s been very fun on the news side. Iraq has a government seated and the ministers in place…finance minister etc…. Of course we have also seen a number of bond deals confirmed. I feel very comfortable saying they have full funding and spendable money. Now we need the other shoe to drop…we are watching and waiting…..
10-29-2022 Newshound Guru Kaperoni The speech from the new prime minister of Iraq Al-Sudani was promising since he announced that he expects to open Iraq's economy for investment. Only time will tell. At this point the prime minister is saying all the right things, to employ Iraqis, encourage investment and engage with all countries of the world. We will see.
10-29-2022 Newshound Guru Pimpy Article: "Al-Sudani begins his work as prime minister and commander-in-chief of the armed forces" It's official. The new government has been formed and start to work today.
10-29-2022 Intel Guru Frank26 Article: "An economic expert : The cost of returning the dinar to its old price against the dollar will be very high" THE HOT TOPIC IN IRAQ IS NOT POLITICAL IT IS ABOUT THE DINAR AND THE EXCHANGE RATE
10-29-2022 Intel Guru MarkZ [via PDK] I did hear something important from an excellent source that here in the US that we will have the longest amount of time in which to exchange. We are due to have 60 days from when it goes to when we have to finish. I was also told that most of the rest of the world will have 25 days to exchange. This is because they believe there is a much large number of currency holders here in the states.
10-29-2022 Newshound Guru Samson Article: "Al-Sudani officially takes over as Prime Minister and Commander-in-Chief of the Armed Forces" "Al-Sudani officially receives his duties from Al-Kazemi"
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10-29-2022 Intel Guru Bruce [via WiserNow] ...the dinar should be trading Sunday night when they go to trade against China, Far Eastern countries around nine 9:30pm Eastern Time Sunday night...I know we're supposed to get notified over the weekend, Saturday or Sunday and set appointments for our exchanges to start Sunday, Monday or Tuesday...We know that we're looking very strongly this weekend.
10-29-2022 Intel Guru Frank26 Question "If you didn't have dinars, what currency would you have?" Do you know of any central bank that the IMF is bragging about and telling the whole would that they're about to raise the value of their currency by moving the exchange rate? Do you know of any other country where the International Monetary Fund, the one that tell all banks what to do, that there's another Central Bank that is doing what the Central Bank of Iraq is doing? The answer is no. So if you ask me would I invest in another currency. No. If Iraq did not exist I would not be investing in any currency right now because nobody is going to raise the value value of their currency...
10-29-2022 New Video There's a dirty little secret in the travel industry. “Discount” sites like Expedia, Priceline, Hotels.com and Booking.com are charging up to 86% too much. Staying in a hotel, condo or resort? I think you’ll love this FREE member's only bonus. You're going to save a ton of money. Click here watch the 3 minute video >>
10-29-2022 Newshound Guru MilitiaMan The economic opportunities are going to be the internationalism that jump starts the country.. After yesterdays closure of the "Davos in the Sand" meeting in Riyadh, the ME Summit in DUBAI, the virtual meeting with the AMF about the upgrades and connectivity to the world on the BUNA platform coinciding with the vote on the government gaining confidence is not only amazing, it appears to have been all timed accordingly. The line up that is geared for digital transformation this last few days shows that it is time for Iraq to getter done.. Very exciting times.
10-29-2022 Newshound Guru Samson Article "Is Iraq exploiting the wealth of minerals instead of oil?" Quote " Iraq occupies the first reserve in the world of sulfur and the second reserve after Morocco of phosphate."
10-29-2022 Newshound Guru Jeff The government is 100% done and Iraq is now ready to join the international community.
10-29-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq Article: "Iraqi government to enhance security cooperation with U.S."
10-29-2022 Intel Guru MarkZ [via PDK] It’s been very fun on the news side. Iraq has a government seated and the ministers in place…finance minister etc…. Of course we have also seen a number of bond deals confirmed. I feel very comfortable saying they have full funding and spendable money. Now we need the other shoe to drop…we are watching and waiting…..
10-29-2022 Newshound Guru Kaperoni The speech from the new prime minister of Iraq Al-Sudani was promising since he announced that he expects to open Iraq's economy for investment. Only time will tell. At this point the prime minister is saying all the right things, to employ Iraqis, encourage investment and engage with all countries of the world. We will see.
10-29-2022 Newshound Guru Pimpy Article: "Al-Sudani begins his work as prime minister and commander-in-chief of the armed forces" It's official. The new government has been formed and start to work today.
10-29-2022 Intel Guru Frank26 Article: "An economic expert : The cost of returning the dinar to its old price against the dollar will be very high" THE HOT TOPIC IN IRAQ IS NOT POLITICAL IT IS ABOUT THE DINAR AND THE EXCHANGE RATE
10-29-2022 Intel Guru MarkZ [via PDK] I did hear something important from an excellent source that here in the US that we will have the longest amount of time in which to exchange. We are due to have 60 days from when it goes to when we have to finish. I was also told that most of the rest of the world will have 25 days to exchange. This is because they believe there is a much large number of currency holders here in the states.
10-29-2022 Newshound Guru Samson Article: "Al-Sudani officially takes over as Prime Minister and Commander-in-Chief of the Armed Forces" "Al-Sudani officially receives his duties from Al-Kazemi"
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10-29-2022 Intel Guru Bruce [via WiserNow] ...the dinar should be trading Sunday night when they go to trade against China, Far Eastern countries around nine 9:30pm Eastern Time Sunday night...I know we're supposed to get notified over the weekend, Saturday or Sunday and set appointments for our exchanges to start Sunday, Monday or Tuesday...We know that we're looking very strongly this weekend.
10-28-2022 Newshound Guru Jeff ...Here's a tweet. This is the main reason why Iraq has not been able to revalue their currency... "Khashan: Today's session will end the term of corrupt government 'from head to bottom'." That's the reason the central bank straight up said we're ready to revalue the currency and delete the zeros as soon as you show us political stability and get rid of that corruption...once they vote[ed] on the government they will have completed everything required by the central bank to revalue the currency...
10-28-2022 Intel Guru Frank26 Don't pay attention to anybody that tells you, 'they're not going to raise the value! They're not coming out with the new currency! They're not going to change the exchange rate!' What's...causing confusion? It's when they [the CBI] say there is no intention...to change the dollar exchange rate against the Iraqi dinar...That is 100% true. The CBI cannot change the rate of the U.S. dollar against the dinar. But it can change the dinar rate against the dollar. People are just confused...Don't be misled...
10-28-2022 Newshound Guru MilitiaMan Article: "Will the price of the dinar change against the dollar?" We can all see that returning to the old price is the same as the past official exchange rate. They printed new money in 2018, they imo have distributed new money to where it will be needed internally and externally and the last part of the reforms is to seat the government cabinet... whereby, they can "issue" the new money on the books imo.. There is a difference between distribution and issuance. The latter part is where the exchange rate gets applied. imo.
10-28-2022 Newshound Guru Samson Article: "Washington congratulates Al-Sudani: The Iraqi people deserve an economic opportunity and an end to corruption" "US Ambassador: We look forward to working with the new Iraqi government during this pivotal stage"
10-28-2022 Intel Guru Bruce [via WiserNow] I think we're in a pretty good place right now... last night, we picked up some information from five of the very highest of the high sources...they're the very top of the food chain in terms of orchestrating this RV ok... Saturday or Sunday - we should have a new internationally known Iraqi dinar rate. Now probably the international rate is going to be the same as the so called in country rate. We know what it is. It's very good. And we also know that the rate that we are going to see on the screens in the redemption centers that will be the best rates. We know that will be good.
10-28-2022 Intel Guru Frank26 Question [reference to Frank's Post 10-27-2022 below]: "How long at 1200 till $1.20?" That's not the right question to ask. This is a speculative investment. That's the twenty five thousand question...no body knows...
10-28-2022 Newshound Guru Pimpy You're seeing an increase in the purchase of Iraqi dinar (think supply and demand) and it's causing the value to go up just a little bit. Not a lot but just a little bit...if they were able to get onto Forex just on speculation alone that currency would jump up in value. So all the talk about the Iraqi dinar, the rate change, everything else whether it's an article or not is all speculation until they actually do it...as soon as...the government...starts getting down to business we'll see how sincere they are about changing the rate... [Post 2 of 2]
10-28-2022 Newshound Guru Pimpy People are still talking about the Iraqi dinar and the chitter chatter about their rate change. We had another article come out saying that it's caused a lot of problems. That there's no proof out there that the rate change is going to happen even though members of the House of Representatives have come out and spoke saying that that's the goal... [Post 1 of 2....staytuned]
10-28-2022 Newshound Guru Jeff What happened today [yesterday] was amazing...today was Kazemi's last day as the Prime Minister. He finished his term and he gave a farewell speech saying goodbye and wishing them the best of luck and gave some advice...the formation of the government is done now.
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10-28-2022 Newshound Guru Kaperoni Parliament held a session in Iraq today [yesterday] and confirmed Al-Sudani's new cabinet. So its official Iraq has a new government.
10-28-2022 Intel Guru MarkZ [via PDK] [What will the rate of the dong be?] I was hearing $2.25 or so…Now I am hearing it could be in the $3 range. I hope that is accurate.
10-28-2022 Newshound/Intel Guru Mnt Goat I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working on the project to delete the zeros followed up with the reinstatement of the IQD. They said they had concerns about the election and they were going to wait until they see how the elections turn out to get the stability they needed... Will the CBI then act upon its said goals of completing the currency reform? The timing could not be any better as they would have to conduct the project to delete the zeros in the next couple months to get ready for a January 2023 reinstatement back to FOREX...
10-28-2022 Intel Guru Frank26 Don't pay attention to anybody that tells you, 'they're not going to raise the value! They're not coming out with the new currency! They're not going to change the exchange rate!' What's...causing confusion? It's when they [the CBI] say there is no intention...to change the dollar exchange rate against the Iraqi dinar...That is 100% true. The CBI cannot change the rate of the U.S. dollar against the dinar. But it can change the dinar rate against the dollar. People are just confused...Don't be misled...
10-28-2022 Newshound Guru MilitiaMan Article: "Will the price of the dinar change against the dollar?" We can all see that returning to the old price is the same as the past official exchange rate. They printed new money in 2018, they imo have distributed new money to where it will be needed internally and externally and the last part of the reforms is to seat the government cabinet... whereby, they can "issue" the new money on the books imo.. There is a difference between distribution and issuance. The latter part is where the exchange rate gets applied. imo.
10-28-2022 Newshound Guru Samson Article: "Washington congratulates Al-Sudani: The Iraqi people deserve an economic opportunity and an end to corruption" "US Ambassador: We look forward to working with the new Iraqi government during this pivotal stage"
10-28-2022 Intel Guru Bruce [via WiserNow] I think we're in a pretty good place right now... last night, we picked up some information from five of the very highest of the high sources...they're the very top of the food chain in terms of orchestrating this RV ok... Saturday or Sunday - we should have a new internationally known Iraqi dinar rate. Now probably the international rate is going to be the same as the so called in country rate. We know what it is. It's very good. And we also know that the rate that we are going to see on the screens in the redemption centers that will be the best rates. We know that will be good.
10-28-2022 Intel Guru Frank26 Question [reference to Frank's Post 10-27-2022 below]: "How long at 1200 till $1.20?" That's not the right question to ask. This is a speculative investment. That's the twenty five thousand question...no body knows...
10-28-2022 Newshound Guru Pimpy You're seeing an increase in the purchase of Iraqi dinar (think supply and demand) and it's causing the value to go up just a little bit. Not a lot but just a little bit...if they were able to get onto Forex just on speculation alone that currency would jump up in value. So all the talk about the Iraqi dinar, the rate change, everything else whether it's an article or not is all speculation until they actually do it...as soon as...the government...starts getting down to business we'll see how sincere they are about changing the rate... [Post 2 of 2]
10-28-2022 Newshound Guru Pimpy People are still talking about the Iraqi dinar and the chitter chatter about their rate change. We had another article come out saying that it's caused a lot of problems. That there's no proof out there that the rate change is going to happen even though members of the House of Representatives have come out and spoke saying that that's the goal... [Post 1 of 2....staytuned]
10-28-2022 Newshound Guru Jeff What happened today [yesterday] was amazing...today was Kazemi's last day as the Prime Minister. He finished his term and he gave a farewell speech saying goodbye and wishing them the best of luck and gave some advice...the formation of the government is done now.
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10-28-2022 Newshound Guru Kaperoni Parliament held a session in Iraq today [yesterday] and confirmed Al-Sudani's new cabinet. So its official Iraq has a new government.
10-28-2022 Intel Guru MarkZ [via PDK] [What will the rate of the dong be?] I was hearing $2.25 or so…Now I am hearing it could be in the $3 range. I hope that is accurate.
10-28-2022 Newshound/Intel Guru Mnt Goat I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working on the project to delete the zeros followed up with the reinstatement of the IQD. They said they had concerns about the election and they were going to wait until they see how the elections turn out to get the stability they needed... Will the CBI then act upon its said goals of completing the currency reform? The timing could not be any better as they would have to conduct the project to delete the zeros in the next couple months to get ready for a January 2023 reinstatement back to FOREX...
10-27-2022 Intel Guru MarkZ [via PDK] Let’s start in Iraq tonight “Iraq’s Parliament approves new government: PM’s office.“ This is huge news...The take away is Iraq made enormous progress today. Which is needed …and they are openly talking about the change in rate.
10-27-2022 Intel Guru Frank26 FIREFlY continues: ...as soon as you see that he is thinking we are on the right track. We wish for more but this is probably what's going to go down... FRANK: Concerning the rate 1200...your bank friend is absolutely correct. That is the next stage in the monetary reform to take the exchange rate to this level...because they can come out at $1.20 or they can take it to 1 to 1 but because the American dollar sucks...the Iraqi dinar does not want to be pulled down any further with the American dollar value. Therefore a $1.20 is being considered instead of $1... [Post 2 of 2]
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10-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy...he says we will see the push back to 1200 very soon but after that we will wait to see the effect this has on the economy and then he guesses after another quarter they will gradually increase probably in 2023 and see what effect is then too and follow the same time frame from there...another small increase. This is the best he feels we will see so watch for the 1200 to come into play... [Post 1 of 2....stay tuned]
10-27-2022 Newshound Guru Militiaman Article: "In the document.. Parliamentary signatures to restore the dollar exchange rate" Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency publicly. 1190 was not a previous official rate. The demonstrators are getting antsy.. I would think that the Gov is on notice... Get seated or get left out.. imo..
10-27-2022 Intel Guru MarkZ [via PDK] There are a number of pieces of information you all need to think about and not become “Chicken Little”. ...you are not going to have to go to Iraq to exchange. This will not be an issue ... Another thing that has you guys worried…a recycled article that we have seen now 4 times minimum about them not being prepared to increase the rate yet because of a possibility of affecting the economy …Guys…verbatim and word for word you can find that article recycled whenever we are close. There were similar articles when they were close in Kuwait. Even one released the same morning they RV’d. This is totally smoke...We are in a phenomenal position right now.
10-27-2022 Newshound Guru Kaperoni Guru Pimpy insists Iraq is going to raise the dinar value but he is wrong. Nobody has any authority over the Central Bank of Iraq including parliament.
10-27-2022 Newshound Guru Sandy Ingram Big news and is one of the reasons we believe Iraq will come full circle and revalue their currency. Their actions say international connection. Article "Iraq is building the largest port in the Middle East and it will be one of the largest ports in the world when completed...rival the Suez Canal in Egypt...
10-27-2022 Newshound Guru Clare Article: "The House of Representatives grants confidence to the Sudanese cabinet" "Al-Sudani: Our cabinet has won the confidence of the House of Representatives"
10-27-2022 Intel Guru MarkZ [via PDK] Like I mentioned last night…I do have a bond contact that received 100% of their money. [What does this bond deal mean for us?] It means things are moving... They have to settle out historic debts and we always were told that historic bonds would go first...I believe its rolling out like the original design. So seeing a bond paid in full is a major mile marker for the completion of our reset.
10-27-2022 Newshound Guru Pimpy I think the first move is going to be to restore the dinar to its previous exchange rate...they're saying 1200 dinars for every dollar...The real question is going to be how long until they do it again. My guess is they're going to wait somewhere around 90 days to see what kind of effect it has on Iraq and the economy as a whole. If it doesn't look like it's doing too much damage I think they you can expect another increase at the beginning of next year...and a possible second increase in the year 2023. How much of an increase really depends on how the economy is affected over in Iraq and what's going on globally...
10-27-2022 Intel Guru Frank26 It seems like week after week, month after month we've been waiting for them to sit their government. I believe deep in my heart we're in a position where they're about to do that. In fact we've told you over and over again that the only thing that we're looking for is for an announced already seated and already functioning government...they say they're going to have it very soon. Probably this weekend.
10-27-2022 Newshound Guru Jeff Today is a critical day for Iraq and our investment. Article: "Deputy: Parliament will vote on 70% of the Sudanese booth today" That's approximately 16 out of 22 ministries will be voted on...they'll be voting on that cabinet around 6pm later today their time. Iraq is sitting at 95% ready to revalue. They're right at that finish line. They're ready to almost do this. Once they vote and complete that government they will have met the central bank's requirements 100% to be eligible to revalue the currency.
10-27-2022 Newshound Guru Samson Article "The House of Representatives sets six in the evening as a date for voting on the ministerial curriculum and cabinet"
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10-27-2022 Newshound Guru MilitiaMan ...Lets see what the next couple of days bring us... From the looks of it there is serious anticipation for the GOI to have a vote on the cabinet.. There are side bar things that are going on in the Middle east starting tomorrow...Of which has implications to Viet Nam imo as well... The middle east and emerging markets are going to explode again into next year. Much is likely to hinge on what we see in the short term.. Follow the money...
10-27-2022 Intel Guru Frank26 FIREFlY continues: ...as soon as you see that he is thinking we are on the right track. We wish for more but this is probably what's going to go down... FRANK: Concerning the rate 1200...your bank friend is absolutely correct. That is the next stage in the monetary reform to take the exchange rate to this level...because they can come out at $1.20 or they can take it to 1 to 1 but because the American dollar sucks...the Iraqi dinar does not want to be pulled down any further with the American dollar value. Therefore a $1.20 is being considered instead of $1... [Post 2 of 2]
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10-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy...he says we will see the push back to 1200 very soon but after that we will wait to see the effect this has on the economy and then he guesses after another quarter they will gradually increase probably in 2023 and see what effect is then too and follow the same time frame from there...another small increase. This is the best he feels we will see so watch for the 1200 to come into play... [Post 1 of 2....stay tuned]
10-27-2022 Newshound Guru Militiaman Article: "In the document.. Parliamentary signatures to restore the dollar exchange rate" Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency publicly. 1190 was not a previous official rate. The demonstrators are getting antsy.. I would think that the Gov is on notice... Get seated or get left out.. imo..
10-27-2022 Intel Guru MarkZ [via PDK] There are a number of pieces of information you all need to think about and not become “Chicken Little”. ...you are not going to have to go to Iraq to exchange. This will not be an issue ... Another thing that has you guys worried…a recycled article that we have seen now 4 times minimum about them not being prepared to increase the rate yet because of a possibility of affecting the economy …Guys…verbatim and word for word you can find that article recycled whenever we are close. There were similar articles when they were close in Kuwait. Even one released the same morning they RV’d. This is totally smoke...We are in a phenomenal position right now.
10-27-2022 Newshound Guru Kaperoni Guru Pimpy insists Iraq is going to raise the dinar value but he is wrong. Nobody has any authority over the Central Bank of Iraq including parliament.
10-27-2022 Newshound Guru Sandy Ingram Big news and is one of the reasons we believe Iraq will come full circle and revalue their currency. Their actions say international connection. Article "Iraq is building the largest port in the Middle East and it will be one of the largest ports in the world when completed...rival the Suez Canal in Egypt...
10-27-2022 Newshound Guru Clare Article: "The House of Representatives grants confidence to the Sudanese cabinet" "Al-Sudani: Our cabinet has won the confidence of the House of Representatives"
10-27-2022 Intel Guru MarkZ [via PDK] Like I mentioned last night…I do have a bond contact that received 100% of their money. [What does this bond deal mean for us?] It means things are moving... They have to settle out historic debts and we always were told that historic bonds would go first...I believe its rolling out like the original design. So seeing a bond paid in full is a major mile marker for the completion of our reset.
10-27-2022 Newshound Guru Pimpy I think the first move is going to be to restore the dinar to its previous exchange rate...they're saying 1200 dinars for every dollar...The real question is going to be how long until they do it again. My guess is they're going to wait somewhere around 90 days to see what kind of effect it has on Iraq and the economy as a whole. If it doesn't look like it's doing too much damage I think they you can expect another increase at the beginning of next year...and a possible second increase in the year 2023. How much of an increase really depends on how the economy is affected over in Iraq and what's going on globally...
10-27-2022 Intel Guru Frank26 It seems like week after week, month after month we've been waiting for them to sit their government. I believe deep in my heart we're in a position where they're about to do that. In fact we've told you over and over again that the only thing that we're looking for is for an announced already seated and already functioning government...they say they're going to have it very soon. Probably this weekend.
10-27-2022 Newshound Guru Jeff Today is a critical day for Iraq and our investment. Article: "Deputy: Parliament will vote on 70% of the Sudanese booth today" That's approximately 16 out of 22 ministries will be voted on...they'll be voting on that cabinet around 6pm later today their time. Iraq is sitting at 95% ready to revalue. They're right at that finish line. They're ready to almost do this. Once they vote and complete that government they will have met the central bank's requirements 100% to be eligible to revalue the currency.
10-27-2022 Newshound Guru Samson Article "The House of Representatives sets six in the evening as a date for voting on the ministerial curriculum and cabinet"
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10-27-2022 Newshound Guru MilitiaMan ...Lets see what the next couple of days bring us... From the looks of it there is serious anticipation for the GOI to have a vote on the cabinet.. There are side bar things that are going on in the Middle east starting tomorrow...Of which has implications to Viet Nam imo as well... The middle east and emerging markets are going to explode again into next year. Much is likely to hinge on what we see in the short term.. Follow the money...
10-26-2022 Intel Guru MarkZ [via PDK] There is one piece that’s a huge “tell” as to where we are at today. I can now tell you with great certainty that I know a bond person with 100% of their money. This is exciting news to me. I don’t know what that means for us “timing-wise” yet…Earlier it was a rumor and it has now been confirmed. I feel very confident telling you the process has started...
10-26-2022 Newshound Guru Pimpy They've already made it clear as day they were going to change the rate. As a matter of fact even Sadr, one of his campaign promises was to change the rate at least back to the old rate. We more likely are going to see the rate change go back to 1190 dinars to start with and then over time slowly build back up.
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10-26-2022 Newshound Guru Militiaman [Response to Gurus Samson & Nader Exchange Rate Articles below] ...Rehashed articles about not changing the exchange rate...when they clearly have every intention of doing so...They printed new notes in 2018 to the tune of $500 million real close, it is the Governments program to new currency issuance and therefore, the date of the cabinet not disclosed consistently is used to keep those in expectation of that at bay until the final moment..imo...
10-26-2022 Newshound Guru Samson Article "The central bank resolves the controversy over the dollar exchange rate plan" Quote "...the central bank...does not intend to change the value of the dollar...changes...will create a state of instability...and increase speculative activity in the currency...With regard to the negative impact of the current dollar exchange rate on people’s livelihoods, especially for the poor, the central bank believes that the government can...improve food stamps to mitigate the consequences of dollar appreciation instead of returning it to its old value."
10-26-2022 Intel Guru MarkZ [via PDK] My last update is they are now expecting a rate of $4.83 at the street level…i have always been told we should make more than that in the “oil for dinar” contract. But this higher street rate is good news for the Iraqi people…if this figure holds solid.
10-26-2022 Newshound Guru Kaperoni Article from the central bank about reducing the exchange rate - [Thinking] it's an indication of a significant increase. Wrong, they were only talking about restoring it back to what it was a year and a half ago from 1460 back to 1170...There will be no reduction in the exchange rate in the near future. Parliament can talk about it all day long but it's not happening.
10-26-2022 Intel Guru Bruce [via WiserNow] ...we're getting from the sources that are very high up and very close...to the transaction itself, of our exchanges are saying that we in tier 4B...that's our internet group - should be notified...before noon tomorrow [Wednesday]...if it's late coming in tomorrow for some reason, we would set appointments and start Thursday... I'm excited about that. But the good news is we are hearing from Iraq...certain transactions...the rates are moving up - and we know that certain Iraqi citizens are being able to exchange through ATMs even here in the United States...I think that shows that we're very close ourselves.
10-26-2022 Newshound Guru Sandy Ingram We as investors must prepare ourselves for travel and even then travel may not be enough. In order to open a bank account in Iraq you need an Iraqi ID. You cannot just go and open a bank account and I haven't found anywhere online where I or you could open a bank account. I am looking into other ways but it looks bleak. We may need honest Iraqi people to help us... [Post 2 of 2]
10-26-2022 Newshound Guru Sandy Ingram We know there are 3 countries where we can go and exchange the Iraqi dinar - In Iraq at the Central Bank of Iraq, Kuwait...and Jordan...When Kuwait revalued their currency after the invasion of Kuwait by Iraq they did something that concerns us greatly. They only allowed the old Kuwaiti currency to be exchanged at banks in Kuwait. This...excluded people who were not Kuwaiti citizens from the currency exchange to the new currency...it only seems logical Iraq may do the same thing. [Post 1 of 2...stay tuned]
10-26-2022 Intel Guru MarkZ [via PDK] in Iraq it does appear there are some updated values for in-country. It appears Iraq is trying to pull more dinar off the streets. Rates went from a 1450 to 1200 as an interim step as they unpeg and try to pull more dinar off the streets in preparation of a higher value. That is what a banking contact is telling me. They have sucked up trillions now from circulation.
10-26-2022 Guru Nader From The Mid East This article coming this morning in the news... "Parliament Finance Committee, Nermin Maarouf confirmed the Central Bank of Iraq has no intention of changing the exchange rate of the dinar against the U.S. dollar."
10-26-2022 Newshound Guru MilitiaMan ...Look at the amounts of assets Iraq has. Not to mention the new electronic system in place is returning 100s of billions of dinars... All of this supports massive value for the exchange rate change success.. imo
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10-26-2022 Newshound Guru Samson Article: "Iraq's export of its oil in the form of derivatives instead of crude... It will bring in 60% more revenues, to achieve $15 billion per month" Quote: "if Iraq refines all the barrels of oil that it exports at the present time...and exports them in the form of derivatives instead of exporting them as crude oil, Iraq's daily revenues will reach 495 million dollars, or about 15 billion dollars per month, but when exported as crude oil Its revenue will be approximately $297 million per day, or less than $9 billion per month."
10-26-2022 Newshound Guru Pimpy They've already made it clear as day they were going to change the rate. As a matter of fact even Sadr, one of his campaign promises was to change the rate at least back to the old rate. We more likely are going to see the rate change go back to 1190 dinars to start with and then over time slowly build back up.
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10-26-2022 Newshound Guru Militiaman [Response to Gurus Samson & Nader Exchange Rate Articles below] ...Rehashed articles about not changing the exchange rate...when they clearly have every intention of doing so...They printed new notes in 2018 to the tune of $500 million real close, it is the Governments program to new currency issuance and therefore, the date of the cabinet not disclosed consistently is used to keep those in expectation of that at bay until the final moment..imo...
10-26-2022 Newshound Guru Samson Article "The central bank resolves the controversy over the dollar exchange rate plan" Quote "...the central bank...does not intend to change the value of the dollar...changes...will create a state of instability...and increase speculative activity in the currency...With regard to the negative impact of the current dollar exchange rate on people’s livelihoods, especially for the poor, the central bank believes that the government can...improve food stamps to mitigate the consequences of dollar appreciation instead of returning it to its old value."
10-26-2022 Intel Guru MarkZ [via PDK] My last update is they are now expecting a rate of $4.83 at the street level…i have always been told we should make more than that in the “oil for dinar” contract. But this higher street rate is good news for the Iraqi people…if this figure holds solid.
10-26-2022 Newshound Guru Kaperoni Article from the central bank about reducing the exchange rate - [Thinking] it's an indication of a significant increase. Wrong, they were only talking about restoring it back to what it was a year and a half ago from 1460 back to 1170...There will be no reduction in the exchange rate in the near future. Parliament can talk about it all day long but it's not happening.
10-26-2022 Intel Guru Bruce [via WiserNow] ...we're getting from the sources that are very high up and very close...to the transaction itself, of our exchanges are saying that we in tier 4B...that's our internet group - should be notified...before noon tomorrow [Wednesday]...if it's late coming in tomorrow for some reason, we would set appointments and start Thursday... I'm excited about that. But the good news is we are hearing from Iraq...certain transactions...the rates are moving up - and we know that certain Iraqi citizens are being able to exchange through ATMs even here in the United States...I think that shows that we're very close ourselves.
10-26-2022 Newshound Guru Sandy Ingram We as investors must prepare ourselves for travel and even then travel may not be enough. In order to open a bank account in Iraq you need an Iraqi ID. You cannot just go and open a bank account and I haven't found anywhere online where I or you could open a bank account. I am looking into other ways but it looks bleak. We may need honest Iraqi people to help us... [Post 2 of 2]
10-26-2022 Newshound Guru Sandy Ingram We know there are 3 countries where we can go and exchange the Iraqi dinar - In Iraq at the Central Bank of Iraq, Kuwait...and Jordan...When Kuwait revalued their currency after the invasion of Kuwait by Iraq they did something that concerns us greatly. They only allowed the old Kuwaiti currency to be exchanged at banks in Kuwait. This...excluded people who were not Kuwaiti citizens from the currency exchange to the new currency...it only seems logical Iraq may do the same thing. [Post 1 of 2...stay tuned]
10-26-2022 Intel Guru MarkZ [via PDK] in Iraq it does appear there are some updated values for in-country. It appears Iraq is trying to pull more dinar off the streets. Rates went from a 1450 to 1200 as an interim step as they unpeg and try to pull more dinar off the streets in preparation of a higher value. That is what a banking contact is telling me. They have sucked up trillions now from circulation.
10-26-2022 Guru Nader From The Mid East This article coming this morning in the news... "Parliament Finance Committee, Nermin Maarouf confirmed the Central Bank of Iraq has no intention of changing the exchange rate of the dinar against the U.S. dollar."
10-26-2022 Newshound Guru MilitiaMan ...Look at the amounts of assets Iraq has. Not to mention the new electronic system in place is returning 100s of billions of dinars... All of this supports massive value for the exchange rate change success.. imo
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10-26-2022 Newshound Guru Samson Article: "Iraq's export of its oil in the form of derivatives instead of crude... It will bring in 60% more revenues, to achieve $15 billion per month" Quote: "if Iraq refines all the barrels of oil that it exports at the present time...and exports them in the form of derivatives instead of exporting them as crude oil, Iraq's daily revenues will reach 495 million dollars, or about 15 billion dollars per month, but when exported as crude oil Its revenue will be approximately $297 million per day, or less than $9 billion per month."
10-25-2022 Newshound Guru Pimpy If I remember correctly they said they had no intentions on changing the exchange rate for 5 years. But that was back in February...What has changed since February? The government. Their intentions were to stay with the white papers, do the reform...Since then Maliki and the coordinating framework have taken control and they are building the government right now. That whole 'waiting 5 years' is out the door. We know this because we've seen articles within the past 2/3 weeks where they said they're going to change the exchange rate. We know they're going to do it. And it ain't going to be 5 years from now...
10-25-2022 Newshound Guru Kaperoni It is of my opinion this is how the dinar will rise in value.. gradually. And in doing so this will be the way that the zeros will slowly go away. By the issuing lower denomination currency as needed as the value of the dinar increases.
10-25-2022 Newshound Guru Breitling Question: "Is Warka back on board? Can we connect with them?" They are not back on board. Remember Warka is a Sunni bank. It's a Sunni family. The Shia want to control it. There's a fight going over who's gong control it. Nobody wants to destroy it. Nobody wants to get rid of it...In the end, not the institution of Warka but how it's going to function is still in the hand of the CBI. I have complete confidence in the CBI because that's one of the number one banks... nothing is about to get shut down...
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10-25-2022 Newshound/Intel Guru Mnt Goat I have told you...that the QFS [Quantum Financial System] has the new IQD rate within it as well as many other currency rates. The IQD is at about a $4.80+ rate USD. This rate applies to exchanges outside of Iraq...So, what is the good news then about this? It does tell us that the QFS now allows the IQD to be reinstated at the new rate but that this still has to be approved but can now be accomplished and is a reality…finally! It also tells us we are extremely close!
10-25-2022 Guru Nader From The Mid East The voting of the prime minister Sudani, it's not a bad thing...the world is watching...besides Maliki, nobody in Iraq is pro Iranian. Iran is Iran. Iraq is Iraq...After all Sudani is not gonna be bad. He's not pro Iranian. He works for a crook, yeah which is Maliki yes...Sudani is not a bad guy. He's just worked or still working maybe for a crook, which is Maliki. I think he's gonna work for the Iraqi people a lot.
10-25-2022 Intel Guru MarkZ [via PDK] I am hearing really fantastic stuff from all around the world...My contacts in Iraq are hopeful that before their day ends today they will have a seated government …
10-25-2022 Newshound Guru Pimpy I hear all the buzz. I knew this was coming. I said it was coming. I know people were saying otherwise but if Maliki took control of the government you could start to see increases in Iraqi dinar...there were two articles today that were talking on the restoration of the exchange rate...against the U.S. dollar...the first move is going to go to the previous exchange rate.
10-25-2022 Newshound/Intel Guru Walkingstick [via Frank26] These banks [CBI satellite banks] are in position. Their job is to pick up the remaining 3-zeros that the CBI has not been able to retrieve. It's brilliant...not all of these banks have opened but they are opening. Walkingstick's friend has already opened theirs. They are now in position to welcome Iraqi citizens that may have 3-zero notes that they took with them when they fled...They'll be trading them in for the international rate because they're outside of Iraq. Basically they're investors like you...
10-25-2022 Newshound Guru Samson Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" Quote: "...signatures of more than 50 deputies were collected to host the governor of the Central Bank and the Minister of Finance in the new government in order to put pressure on reducing the exchange rate, even if it was in stages or gradually."
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10-25-2022 Newshound Guru MilitiaMan Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" The CBI Governor and the Finance Minister hosted a meeting on the exchange rate change. The call to get 50 signatures for reduce the exchange rate back to an official rate have been collected. The exchange rate change is on the table within days apparently... It is the Governments job to issue currency and it is the CBIs job to issue an exchange rate with the approval of the Finance Ministry... The amount of data out today on this matter is awesome...imo...
10-25-2022 Newshound Guru Kaperoni It is of my opinion this is how the dinar will rise in value.. gradually. And in doing so this will be the way that the zeros will slowly go away. By the issuing lower denomination currency as needed as the value of the dinar increases.
10-25-2022 Newshound Guru Breitling Question: "Is Warka back on board? Can we connect with them?" They are not back on board. Remember Warka is a Sunni bank. It's a Sunni family. The Shia want to control it. There's a fight going over who's gong control it. Nobody wants to destroy it. Nobody wants to get rid of it...In the end, not the institution of Warka but how it's going to function is still in the hand of the CBI. I have complete confidence in the CBI because that's one of the number one banks... nothing is about to get shut down...
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10-25-2022 Newshound/Intel Guru Mnt Goat I have told you...that the QFS [Quantum Financial System] has the new IQD rate within it as well as many other currency rates. The IQD is at about a $4.80+ rate USD. This rate applies to exchanges outside of Iraq...So, what is the good news then about this? It does tell us that the QFS now allows the IQD to be reinstated at the new rate but that this still has to be approved but can now be accomplished and is a reality…finally! It also tells us we are extremely close!
10-25-2022 Guru Nader From The Mid East The voting of the prime minister Sudani, it's not a bad thing...the world is watching...besides Maliki, nobody in Iraq is pro Iranian. Iran is Iran. Iraq is Iraq...After all Sudani is not gonna be bad. He's not pro Iranian. He works for a crook, yeah which is Maliki yes...Sudani is not a bad guy. He's just worked or still working maybe for a crook, which is Maliki. I think he's gonna work for the Iraqi people a lot.
10-25-2022 Intel Guru MarkZ [via PDK] I am hearing really fantastic stuff from all around the world...My contacts in Iraq are hopeful that before their day ends today they will have a seated government …
10-25-2022 Newshound Guru Pimpy I hear all the buzz. I knew this was coming. I said it was coming. I know people were saying otherwise but if Maliki took control of the government you could start to see increases in Iraqi dinar...there were two articles today that were talking on the restoration of the exchange rate...against the U.S. dollar...the first move is going to go to the previous exchange rate.
10-25-2022 Newshound/Intel Guru Walkingstick [via Frank26] These banks [CBI satellite banks] are in position. Their job is to pick up the remaining 3-zeros that the CBI has not been able to retrieve. It's brilliant...not all of these banks have opened but they are opening. Walkingstick's friend has already opened theirs. They are now in position to welcome Iraqi citizens that may have 3-zero notes that they took with them when they fled...They'll be trading them in for the international rate because they're outside of Iraq. Basically they're investors like you...
10-25-2022 Newshound Guru Samson Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" Quote: "...signatures of more than 50 deputies were collected to host the governor of the Central Bank and the Minister of Finance in the new government in order to put pressure on reducing the exchange rate, even if it was in stages or gradually."
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10-25-2022 Newshound Guru MilitiaMan Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" The CBI Governor and the Finance Minister hosted a meeting on the exchange rate change. The call to get 50 signatures for reduce the exchange rate back to an official rate have been collected. The exchange rate change is on the table within days apparently... It is the Governments job to issue currency and it is the CBIs job to issue an exchange rate with the approval of the Finance Ministry... The amount of data out today on this matter is awesome...imo...
10-24-2022 Newshound Guru Pimpy People want me to go ahead and predict the rate. Well we don't do dates and rates here but if I was a betting man I'm gonna guess that the first step is they reinstate the Iraqi dinar to its former value. So instead of getting1450 dinar for ever dollar, you're going to only be able to get 1190 dinars. And that's good. The lower that number gets the better it is for us. That means our dinar becomes more valuable against the U.S. dollar...
10-24-2022 Intel Guru Frank26 Article: "Economist: 25 trillion dinars is the cost of reducing the dollar exchange rate". THEY TALK ABOUT CHANGING THE EXCHANGE RATE... BECAUSE THEY ARE.
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10-24-2022 Newshound Guru Sandy Ingram ...Good news from the IMF. According to the recently published World Economic Outlook...Iraq's economy is forecast to grow by 9.3% this year, giving it the fastest real GDP growth of all the Middle East and Central Asian countries...
10-24-2022 Newshound Guru Samson Article: "In the document... Parliamentary signatures to restore the dollar exchange rate" Quote: "A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate."
10-24-2022 Newshound Guru Pimpy I can tell you this... Once this government is formed we can pay attention to what Maliki is going to do when it comes to the exchange rate fairly quick. Now whether it's a big jump or not nobody knows. Just cross your fingers and we'll see what happens...
10-24-2022 Intel Guru MarkZ [via PDK] If you pay attention to speeches , texts by Sadr and Kazemi…they are talking about going back to the dinar rates former glory from when the rate was around $3 dollars to $1 dinar. I believe this is the rate they are talking about in that article. That they are putting together the mechanisms to do this should have you all excited. [post 2 of 2]
10-24-2022 Intel Guru MarkZ [via PDK] Most likely what Nader is referencing [reference Guru Nader's post below] is “Parliamentary direction to gradually restore the dollar exchange rate-document” I believe this article is what Nader is referencing….he is talking about the previous exchange rate in this article. 40 of the parliamentary members have signed this. They want to restore the rate to a previous level. This is where it gets a bit funky…some think it means the rate would go back to about 1200 dinar per dollar and not the massive increase we are looking for. [post 1 of 2....stay tuned]
10-24-2022 Guru Nader From The Mid East Article: "...According to an official document obtained by Sharak News Agency, entitled, "Reducing the dollar exchange rate" ...due to the repercussions of the rise in the exchange rate of the dollar against the dinar, which negatively affected the economic situation of the Iraqi family especially those with low incomes we, members of the attached list ask the Presidency of the House of Representatives to include a paragraph to reduce the dollar exchange rate and gradually return it to the previous exchange rate... [Note: Reducing the dollar is what we want to see...]
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10-24-2022 Newshound Guru MilitiaMan Article: "The Minister of Finance holds a meeting with the general managers of Iraqi government banks" Quote: "... the government banking sector was able to commit to providing the requirements to support the national economy and to spare it the negative effects of economic repercussions and international conflicts." it looks like she hit the ground running... And in an international manner...
10-24-2022 Intel Guru Frank26 Article: "Economist: 25 trillion dinars is the cost of reducing the dollar exchange rate". THEY TALK ABOUT CHANGING THE EXCHANGE RATE... BECAUSE THEY ARE.
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10-24-2022 Newshound Guru Sandy Ingram ...Good news from the IMF. According to the recently published World Economic Outlook...Iraq's economy is forecast to grow by 9.3% this year, giving it the fastest real GDP growth of all the Middle East and Central Asian countries...
10-24-2022 Newshound Guru Samson Article: "In the document... Parliamentary signatures to restore the dollar exchange rate" Quote: "A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate."
10-24-2022 Newshound Guru Pimpy I can tell you this... Once this government is formed we can pay attention to what Maliki is going to do when it comes to the exchange rate fairly quick. Now whether it's a big jump or not nobody knows. Just cross your fingers and we'll see what happens...
10-24-2022 Intel Guru MarkZ [via PDK] If you pay attention to speeches , texts by Sadr and Kazemi…they are talking about going back to the dinar rates former glory from when the rate was around $3 dollars to $1 dinar. I believe this is the rate they are talking about in that article. That they are putting together the mechanisms to do this should have you all excited. [post 2 of 2]
10-24-2022 Intel Guru MarkZ [via PDK] Most likely what Nader is referencing [reference Guru Nader's post below] is “Parliamentary direction to gradually restore the dollar exchange rate-document” I believe this article is what Nader is referencing….he is talking about the previous exchange rate in this article. 40 of the parliamentary members have signed this. They want to restore the rate to a previous level. This is where it gets a bit funky…some think it means the rate would go back to about 1200 dinar per dollar and not the massive increase we are looking for. [post 1 of 2....stay tuned]
10-24-2022 Guru Nader From The Mid East Article: "...According to an official document obtained by Sharak News Agency, entitled, "Reducing the dollar exchange rate" ...due to the repercussions of the rise in the exchange rate of the dollar against the dinar, which negatively affected the economic situation of the Iraqi family especially those with low incomes we, members of the attached list ask the Presidency of the House of Representatives to include a paragraph to reduce the dollar exchange rate and gradually return it to the previous exchange rate... [Note: Reducing the dollar is what we want to see...]
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10-24-2022 Newshound Guru MilitiaMan Article: "The Minister of Finance holds a meeting with the general managers of Iraqi government banks" Quote: "... the government banking sector was able to commit to providing the requirements to support the national economy and to spare it the negative effects of economic repercussions and international conflicts." it looks like she hit the ground running... And in an international manner...
10-23-2022 Newshound Guru Samson Article: "Parliamentary Finance talks about the fate of the dollar price in the new government" Quote: "Changing the price of the dollar from time to time has significant repercussions on the local market and the economic situation in a way. That is why we do not believe there is any direction to return the dollar exchange rate to its previous position, even by the new government during the next stage."
10-23-2022 Newshound/Intel Guru RVAlready I think the CBI, UN, and IMF have the finish line in sight, and they are in a dead run to get the RV accomplished. ...I think the CBI is ready to release the RV, once the cabinet is released.
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10-23-2022 Newshound Guru Kaperoni If and when the dinar ever goes up in value it will be based on Iraq's economic growth. The issuance of a 20K note falls in line with that. It's the beginning of the reduction of the notes sizes as the dinar begins to appreciate gradually.
10-23-2022 Newshound Guru Pimpy Understand the central bank is its own entity. It's separate than Iraqi government and they're the ones that actually determine what the exchange rate is going to be. If for some strange reason the governor of the Iraqi Central Bank feels it's necessary for a higher exchange rate than what they have they'll make the change. But they are going to have to justify it and it might be against all normal reasons why an exchange rate changes...
10-23-2022 Intel Guru Frank26 You invested in this...the math is you have to understand exactly what the float is going to do and how they'll do it. You've got to be aware of when certain denominations will be canceled and the time limit. Remember the 50? They gave you 6 months to trade them in...Be aware of the math at the bank, with the spread, fees, don't let them trick you...Be aware of the math you are now responsible for...know when to hold'm and when to fold'm because they will trick you. [Post 2 of 2]
10-23-2022 Intel Guru Frank26 As far as the exchange rate floating...you have to be responsible. You have to know when to hold them. And you have to know when to fold them. In other words give them up...You're going to have to determine that based on your needs. It may be that you want to exchange at 1 to 1. Or you may want to wait a little bit and let it float and see where it caps but you've got to be aware of that. That is the math that you are now responsible for. [Post 1 of 2....stay tuned]
10-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] ...The [CBI satellite bank in US] opened...The satellite banks that have opened up around the world they are in position to collect 3-zero notes outside of Iraq's banks for their M figures. These 3-zero notes will be converted electronically into their [Iraqi citizens outside of Iraq] bank accounts. Citizens in Iraq can also trade in their 3-zero notes for electronic accounts or for the physical new small category notes in their hands as lower denoms either through the banks or through the ATM machines.
10-23-2022 Newshound Guru Samson Article: "NATO: Iraq is an element of stability in the Middle East"
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10-23-2022 Newshound/Intel Guru RVAlready I think their banks and citizens are ready to go. Every time I hear about someone in Iraq, they have been told to expect an RV soon.
10-23-2022 Newshound/Intel Guru RVAlready I think the CBI, UN, and IMF have the finish line in sight, and they are in a dead run to get the RV accomplished. ...I think the CBI is ready to release the RV, once the cabinet is released.
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10-23-2022 Newshound Guru Kaperoni If and when the dinar ever goes up in value it will be based on Iraq's economic growth. The issuance of a 20K note falls in line with that. It's the beginning of the reduction of the notes sizes as the dinar begins to appreciate gradually.
10-23-2022 Newshound Guru Pimpy Understand the central bank is its own entity. It's separate than Iraqi government and they're the ones that actually determine what the exchange rate is going to be. If for some strange reason the governor of the Iraqi Central Bank feels it's necessary for a higher exchange rate than what they have they'll make the change. But they are going to have to justify it and it might be against all normal reasons why an exchange rate changes...
10-23-2022 Intel Guru Frank26 You invested in this...the math is you have to understand exactly what the float is going to do and how they'll do it. You've got to be aware of when certain denominations will be canceled and the time limit. Remember the 50? They gave you 6 months to trade them in...Be aware of the math at the bank, with the spread, fees, don't let them trick you...Be aware of the math you are now responsible for...know when to hold'm and when to fold'm because they will trick you. [Post 2 of 2]
10-23-2022 Intel Guru Frank26 As far as the exchange rate floating...you have to be responsible. You have to know when to hold them. And you have to know when to fold them. In other words give them up...You're going to have to determine that based on your needs. It may be that you want to exchange at 1 to 1. Or you may want to wait a little bit and let it float and see where it caps but you've got to be aware of that. That is the math that you are now responsible for. [Post 1 of 2....stay tuned]
10-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] ...The [CBI satellite bank in US] opened...The satellite banks that have opened up around the world they are in position to collect 3-zero notes outside of Iraq's banks for their M figures. These 3-zero notes will be converted electronically into their [Iraqi citizens outside of Iraq] bank accounts. Citizens in Iraq can also trade in their 3-zero notes for electronic accounts or for the physical new small category notes in their hands as lower denoms either through the banks or through the ATM machines.
10-23-2022 Newshound Guru Samson Article: "NATO: Iraq is an element of stability in the Middle East"
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10-23-2022 Newshound/Intel Guru RVAlready I think their banks and citizens are ready to go. Every time I hear about someone in Iraq, they have been told to expect an RV soon.
10-22-2022 Newshound/Intel Guru Mnt Goat As I told you we did have a window of opportunity coming up in January 2023 but with the issuance of the new 20,000 dinar note and this new crooked Iranian backed, puppet government being installed, I am not entirely clear on what move the CBI is going to do, if any move even. Is this maybe a smoke screen for the reinstatement to discourage investors from buying dinar in speculation of an RV in January 2023? The timing is perfect if it is. But who knows for sure. We will just have to wait for more news to find out.
10-22-2022 Newshound Guru Samson Article: "Baghdad is second in the Arab world and 52nd in the world as the most populous city" Quote: "The capital of Iraq ranked 52nd in the world with the most densely populated city, as the population of Baghdad in 2022 amounted to 7,511,920 million people, an increase of 2.58% from the year 2021...
10-22-2022 Intel Guru MarkZ [via PDK] Question [Are you redemption Center folks working this weekend?] They are on call but not at work. Other than redemption centers on call…its pretty quiet on the RV front...
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10-22-2022 Newshound Guru Kaperoni ...The central bank of Iraq stated in a news article that they are beginning to have international cooperation with banks...International cooperation between the Central Bank of Iraq and other banking partners has nothing to do with the exchange rate. It has to do with compliance to International standards.
10-22-2022 Newshound Guru Pimpy We're just waiting for the new government to be formed and we'll see what happens from there...
10-22-2022 Intel Guru MarkZ [via PDK] [is Iraq seating the new government today?] We are still waiting for news on that. My last update was they were hopeful to get it sat on Saturday...if not then it would be Monday...technically they are still in the 2 week window that they stated they would have the government seated by…window ends next Thursday I believe.
10-22-2022 Newshound Guru MilitiaMan Article: "The first foreign flight departs from Kirkuk International Airport" Looking like they are gearing for international travel... Investors will be looking for good fast, safe and reliable service from country to country... A good sign things are getting closure to internationalism...All pointing in the right direction...
10-22-2022 Newshound/Intel Guru Walkingstick [via Frank26] Even though the [new] prime minister is pro-Iranian he will push the monetary reform because Iran is dependent on the IQD...this prime minister who is pro-Iranian will benefit both sides...
10-22-2022 Newshound Guru Samson Article: "Industry announces the size of sulfur reserves in Iraq" Quote: "The sulfur reserve of 320 million tons contains sulfur rocks..."
10-22-2022 Newshound Guru Samson Article: "Baghdad is second in the Arab world and 52nd in the world as the most populous city" Quote: "The capital of Iraq ranked 52nd in the world with the most densely populated city, as the population of Baghdad in 2022 amounted to 7,511,920 million people, an increase of 2.58% from the year 2021...
10-22-2022 Intel Guru MarkZ [via PDK] Question [Are you redemption Center folks working this weekend?] They are on call but not at work. Other than redemption centers on call…its pretty quiet on the RV front...
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10-22-2022 Newshound Guru Kaperoni ...The central bank of Iraq stated in a news article that they are beginning to have international cooperation with banks...International cooperation between the Central Bank of Iraq and other banking partners has nothing to do with the exchange rate. It has to do with compliance to International standards.
10-22-2022 Newshound Guru Pimpy We're just waiting for the new government to be formed and we'll see what happens from there...
10-22-2022 Intel Guru MarkZ [via PDK] [is Iraq seating the new government today?] We are still waiting for news on that. My last update was they were hopeful to get it sat on Saturday...if not then it would be Monday...technically they are still in the 2 week window that they stated they would have the government seated by…window ends next Thursday I believe.
10-22-2022 Newshound Guru MilitiaMan Article: "The first foreign flight departs from Kirkuk International Airport" Looking like they are gearing for international travel... Investors will be looking for good fast, safe and reliable service from country to country... A good sign things are getting closure to internationalism...All pointing in the right direction...
10-22-2022 Newshound/Intel Guru Walkingstick [via Frank26] Even though the [new] prime minister is pro-Iranian he will push the monetary reform because Iran is dependent on the IQD...this prime minister who is pro-Iranian will benefit both sides...
10-22-2022 Newshound Guru Samson Article: "Industry announces the size of sulfur reserves in Iraq" Quote: "The sulfur reserve of 320 million tons contains sulfur rocks..."
10-21-2022 Intel Guru Frank26 Sadly some people I talk to simply think they are entitled to this RI. No. You are blessed to be involved in it nothing more...It doesn't belong to you...you were invited to be a part of a rate of return but this whole monetary reform is for the Iraqi citizens. It's not for you...
10-21-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports of bonds being paid in full. I do not have that from one of my personal sources…but they are getting that information as well. Hearing positive stuff from Redemption Center folks this afternoon. They do expect it to be a busy work week. I am a bit concerned at everyone pointing to this weekend for it to be done…because they are not supposed to tell us when it will happen. Some of my contacts are being very quiet. They told me they have a great NDA so cannot talk. So we will watch with great anticipation...The chatter is great but we have had great chatter before, so stay grounded.
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10-21-2022 Intel Guru Bruce [via WiserNow] ...the best information we got today from Redemption center personnel was pushing us to early next week. That's a Monday/ Tuesday start we think... we know that redemption center staff is on standby... Monday, Tuesday, is looking very solid for us...it is coming from several sources...so let’s see what that looks like especially between the weekend and...first part of next week...
10-21-2022 Newshound Guru Clare Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" Quote: "The representative of the State of Law coalition, Aref Al-Hamami...revealing the collection of signatures to pressure towards reducing the exchange rates of the dollar."
10-21-2022 Newshound Guru Samson Article 1: "Officially.. Postponing the session of granting confidence to the Sudanese government until next Monday" Article 2: "President of the Republic : The government will be formed in the middle of next week"
10-21-2022 Intel Guru MarkZ [via PDK] In Iraq the new President was officially sworn in. His new government is expected next week. Possibly as early as tomorrow…but, most likely on Monday. Everything seems positive in Iraq. Things are moving.
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10-21-2022 Newshound Guru Militiaman Article: "The Deputy Minister of Finance participates in the monetary and World Bank meetings and stresses the comprehensive development" Here we have the Deputy Finance Minister in meetings with the International Monetary Fund, World Bank and the United States Treasury...All of this comes at a time when the new President and Prime Minister are elected and open to an exchange rate...There are no coincidences in this happening now. They are stressing over the issue!! They clearly have a need for the private sector to have support from everyone once they activate the new exchange rate.
10-21-2022 Intel Guru Frank26 Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" THE CBI GOV PERFECTLY EXPLAINS TO THE CITIZENS THAT A NEW CURRENCY WITH A NEW EXCHANGE RATE TO MATCH IS COMING SOON!
10-21-2022 Newshound/Intel Guru Mnt Goat ...there is no other reason for not reinstating the dinar other than it is being artificially suppressed for a reason...I know with the utmost certainty that the Central Bank of Iraq cannot and will not just pop out an RV someday by total surprise at a significant rate that we want in Iraq or outside of Iraq, without first completing the currency changeover from the larger 3 zero notes to the lower of the lower denominations and coins. It is really that simple! ...We know the smaller notes are printed and the coins minted...
10-21-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports of bonds being paid in full. I do not have that from one of my personal sources…but they are getting that information as well. Hearing positive stuff from Redemption Center folks this afternoon. They do expect it to be a busy work week. I am a bit concerned at everyone pointing to this weekend for it to be done…because they are not supposed to tell us when it will happen. Some of my contacts are being very quiet. They told me they have a great NDA so cannot talk. So we will watch with great anticipation...The chatter is great but we have had great chatter before, so stay grounded.
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10-21-2022 Intel Guru Bruce [via WiserNow] ...the best information we got today from Redemption center personnel was pushing us to early next week. That's a Monday/ Tuesday start we think... we know that redemption center staff is on standby... Monday, Tuesday, is looking very solid for us...it is coming from several sources...so let’s see what that looks like especially between the weekend and...first part of next week...
10-21-2022 Newshound Guru Clare Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" Quote: "The representative of the State of Law coalition, Aref Al-Hamami...revealing the collection of signatures to pressure towards reducing the exchange rates of the dollar."
10-21-2022 Newshound Guru Samson Article 1: "Officially.. Postponing the session of granting confidence to the Sudanese government until next Monday" Article 2: "President of the Republic : The government will be formed in the middle of next week"
10-21-2022 Intel Guru MarkZ [via PDK] In Iraq the new President was officially sworn in. His new government is expected next week. Possibly as early as tomorrow…but, most likely on Monday. Everything seems positive in Iraq. Things are moving.
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10-21-2022 Newshound Guru Militiaman Article: "The Deputy Minister of Finance participates in the monetary and World Bank meetings and stresses the comprehensive development" Here we have the Deputy Finance Minister in meetings with the International Monetary Fund, World Bank and the United States Treasury...All of this comes at a time when the new President and Prime Minister are elected and open to an exchange rate...There are no coincidences in this happening now. They are stressing over the issue!! They clearly have a need for the private sector to have support from everyone once they activate the new exchange rate.
10-21-2022 Intel Guru Frank26 Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" THE CBI GOV PERFECTLY EXPLAINS TO THE CITIZENS THAT A NEW CURRENCY WITH A NEW EXCHANGE RATE TO MATCH IS COMING SOON!
10-21-2022 Newshound/Intel Guru Mnt Goat ...there is no other reason for not reinstating the dinar other than it is being artificially suppressed for a reason...I know with the utmost certainty that the Central Bank of Iraq cannot and will not just pop out an RV someday by total surprise at a significant rate that we want in Iraq or outside of Iraq, without first completing the currency changeover from the larger 3 zero notes to the lower of the lower denominations and coins. It is really that simple! ...We know the smaller notes are printed and the coins minted...
10-20-2022 Intel Guru Frank26 ...Laws required for the monetary reform, we're not waiting for the government to be formed to pass them...No. We're waiting for the new government to be formed to use all the laws that have been passed for the monetary reform...everything is in position...
10-20-2022 Intel Guru MarkZ [via PDK] Here is a rundown of what we are hearing out of Iraq today. They did not seat their government …that is now expected on Saturday so don’t panic. Bond people have not gotten full payment yet...
10-20-2022 Newshound Guru Militiaman Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" The collection of signatures is being applied to pressure in reducing the exchange rate of the dollar whereby increasing the value of the Iraq Dinar... Interesting again the mix the seating of the cabinet in with the exchange rate and the adoption of the oil and gas law...The needs of the citizens are front and center, as the oil revenues must be distributed equitably to all provinces. ~ All very timely and to the points...
10-20-2022 Newshound/Intel Guru Breitling Question: "What's the latest out of the Central Bank of Iraq?" The Central Bank of Iraq is pushing... legislature and banks to be Swift compliant. That's it. That's the language coming out of the CBI. They have one goal and one goal only. Remember at the very beginning the Ministry of Finance, the Ministry of Planning and Parliament... went to the CBI and said, 'Can you manage and get our currency back to around the $3 range?' Then all 4 of those entities went to the IMF and said, '...Is there a path to where we can get...our currency back to $3+?' It has never changed.
10-20-2022 Intel Guru MarkZ [via PDK] There is no free flow of bond dollars yet. All the bond folks are still excited. Redemption Center folks …as of yesterday afternoon believe this will be their extra busy work week next week. This is very exciting because they had not been given a good solid update in quite awhile.
10-20-2022 Newshound Guru Pimpy If you remember there was an article, it was expected that Iraq would lock in the rate that we have now 1450 dinars for every $1...for five years. With this new government taking over I don't think that's going to happen. I think the first step you're going to see at the very least is a reinstatement of the 1190 dinars for every $1...
10-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] They're trying to squeeze Maliki into the political scene of Iraq as Prime Minister because it's a back door to get him back into the GOI, into the finances. Why? Because he has never held the deputy prime minister position before...all this political BS has nothing to do with the monetary reform except for the need for a seated government...
10-20-2022 Intel Guru MarkZ [via PDK] Lets start with Iraq “CBI discusses electronic payments in Iraq” They are still well within their window as we watch them work on things. They are continuing to move forward with economic reforms, the white papers and banking changes. Today we were supposed to have a parliament presented. I am waiting on details. My last update was they were supposed to present today and put it into effect on Monday of next week.
10-20-2022 Newshound Guru Samson Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" Quote: "Iraq intends to introduce a new currency on the market soon...the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, revealed an intention to present a banknote of 20 thousand dinars, while confirming that the bank has a project on raising zeros from the currency, but it needs to issue a law, especially since Deleting zeros affects the trade balance."
10-20-2022 Intel Guru Frank26 Article: "Central Bank: Changing the exchange rate will destroy the economy" This is true...but misunderstood. There's a difference between changing the exchange rate and a gradual change and that is exactly what the CBI is talking to the citizens about...they don't say they're going to change the exchange rate. They're telling the Iraqi citizens there will be a gradual change in the exchange rate...
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10-20-2022 Newshound Guru tlm724 Article: "Iraq Ranks First In The Arab World... The 10 Fastest Growing Economies In The World" Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7% and 7.6%, for the current year.
10-20-2022 Intel Guru MarkZ [via PDK] Here is a rundown of what we are hearing out of Iraq today. They did not seat their government …that is now expected on Saturday so don’t panic. Bond people have not gotten full payment yet...
10-20-2022 Newshound Guru Militiaman Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" The collection of signatures is being applied to pressure in reducing the exchange rate of the dollar whereby increasing the value of the Iraq Dinar... Interesting again the mix the seating of the cabinet in with the exchange rate and the adoption of the oil and gas law...The needs of the citizens are front and center, as the oil revenues must be distributed equitably to all provinces. ~ All very timely and to the points...
10-20-2022 Newshound/Intel Guru Breitling Question: "What's the latest out of the Central Bank of Iraq?" The Central Bank of Iraq is pushing... legislature and banks to be Swift compliant. That's it. That's the language coming out of the CBI. They have one goal and one goal only. Remember at the very beginning the Ministry of Finance, the Ministry of Planning and Parliament... went to the CBI and said, 'Can you manage and get our currency back to around the $3 range?' Then all 4 of those entities went to the IMF and said, '...Is there a path to where we can get...our currency back to $3+?' It has never changed.
10-20-2022 Intel Guru MarkZ [via PDK] There is no free flow of bond dollars yet. All the bond folks are still excited. Redemption Center folks …as of yesterday afternoon believe this will be their extra busy work week next week. This is very exciting because they had not been given a good solid update in quite awhile.
10-20-2022 Newshound Guru Pimpy If you remember there was an article, it was expected that Iraq would lock in the rate that we have now 1450 dinars for every $1...for five years. With this new government taking over I don't think that's going to happen. I think the first step you're going to see at the very least is a reinstatement of the 1190 dinars for every $1...
10-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] They're trying to squeeze Maliki into the political scene of Iraq as Prime Minister because it's a back door to get him back into the GOI, into the finances. Why? Because he has never held the deputy prime minister position before...all this political BS has nothing to do with the monetary reform except for the need for a seated government...
10-20-2022 Intel Guru MarkZ [via PDK] Lets start with Iraq “CBI discusses electronic payments in Iraq” They are still well within their window as we watch them work on things. They are continuing to move forward with economic reforms, the white papers and banking changes. Today we were supposed to have a parliament presented. I am waiting on details. My last update was they were supposed to present today and put it into effect on Monday of next week.
10-20-2022 Newshound Guru Samson Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" Quote: "Iraq intends to introduce a new currency on the market soon...the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, revealed an intention to present a banknote of 20 thousand dinars, while confirming that the bank has a project on raising zeros from the currency, but it needs to issue a law, especially since Deleting zeros affects the trade balance."
10-20-2022 Intel Guru Frank26 Article: "Central Bank: Changing the exchange rate will destroy the economy" This is true...but misunderstood. There's a difference between changing the exchange rate and a gradual change and that is exactly what the CBI is talking to the citizens about...they don't say they're going to change the exchange rate. They're telling the Iraqi citizens there will be a gradual change in the exchange rate...
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10-20-2022 Newshound Guru tlm724 Article: "Iraq Ranks First In The Arab World... The 10 Fastest Growing Economies In The World" Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7% and 7.6%, for the current year.
10-19-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ TOPS THE ARAB WORLD AMONG THE 10 FASTEST GROWING ECONOMIES IN THE WORLD" Yes, and with a currency worth only 1/6 of penny? Yes, and ranked 13th in the world in Gold Reserves and with a 90 billion dollar Central Bank reserves. How about completing the currency reform and getting the dinar reinstated for investors?
10-19-2022 Newshound/Intel Guru RVAlready Article: "Al-Kazemi: We were deprived of the freedom of the Sudanese by naming ministers, and the issue of tax secretariats do" This is a good, clarifying article on Iraq’s finances, some of the corruption, and who is to blame. Hopefully, the new government will proceed to eliminate corruption, and deliver the RV to the people and the international community.
10-19-2022 Intel Guru Frank26 Article: "The European Union congratulates Rashid on the election and the assignment of Al-Sudani and stresses the need to expedite the formation of the government" Everybody! Congratulations, congratulations, congratulations! If this wasn't going to succeed nobody would be saying congratulations. Nobody would be bending backwards to reach across the border to shake hands of these new leaders...leaders are being born in Iraq ...
10-19-2022 Intel Guru Bruce [via WiserNow] ...we’ve got contacts in Iraq that we do talk to...that are saying that there have been celebrations going on a few days ago. They are celebrating I believe, their new government and the prospect of a new rate, which we have heard what the new rate might be on our screens...Dr Shabibi, said that the dinar would support a rate of XX dollars 10 years ago... Dr. Shabibi was projecting something that is on the screen now...The rates are going to be very very strong... so that's a very positive thing...for us...they're essentially ready to go and... have been ready to go for quite a while.
10-19-2022 Newshound Guru Walkingstick [via Frank26] Question: "What is the procedure now that we've got the president and the prime minister how does the government get seated?" ...the next big thing you're looking for - we need Sudani to announce his government by giving us the names of his cabinet members...once we sit the government we have a budget, an exchange rate, we have a gradual increase...an un-pegging, and a controlled float. These are wonderful times that we are experiencing...
10-19-2022 Guest Guru Humble1 Article: "Civil Aviation: Iraq will soon be free from international sanctions". Quote: "...during 2019, Iraq reached the rate of passing about 75% of the testing and auditing," stressing that "Iraq will pass the remaining percentage in the near future to get out of international sanctions.." A definite move in the right direction...
10-19-2022 Intel Guru Wolverine The Engine will start this Thursday. They have given the Green Light.
10-19-2022 Intel Guru Frank26 Article "Al-Sudani presents his booth to Parliament on Thursday.. And the Kurds decide their ministries" THEY SAID 14 DAYS, THEN THEY SAID 10 DAYS, THEN THEY SAID THIS COMING MONDAY, THEN THEY SAID THURSDAY... THIS IS THE SPEED OF THE MONETARY REFORM.
10-19-2022 Newshound Guru Samson Article: "A "rumor" causes a significant drop in dollar prices in Iraq" Quote: "The rumors circulating about the new government's intention to reduce the price of the dollar against the Iraqi dinar to be 130,000 dinars for 100 dollars, and the possibility that it will be returned to its old price prompted citizens to sell their dollar banknotes. This led to a large supply compared to demand in the local markets."
10-19-2022 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME IN ITS HISTORY, BANK DEPOSITS IN THE CENTRAL BANK APPROACH 180 TRILLION DINARS" Quote: "...“The value of the issued currency remained within the barrier of 82 trillion dinars, representing 47% of the total liabilities of the Central Bank" So, again they are telling us the amount of dinar now in circulation which is 82 trillion dinars (or about 82 billion US Dollars worth.) ...they kept telling us in the past they could not get the peoples money in the banks. So now we know this is not entirely true and they are having some success in doing so and this is the proof as 180 trillion nor about 180 US Dollars in the banks is not that shabby. I would call this program VERY successful!
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10-19-2022 Newshound/Intel Guru RVAlready Article: "Al-Kazemi: We were deprived of the freedom of the Sudanese by naming ministers, and the issue of tax secretariats do" This is a good, clarifying article on Iraq’s finances, some of the corruption, and who is to blame. Hopefully, the new government will proceed to eliminate corruption, and deliver the RV to the people and the international community.
10-19-2022 Intel Guru Frank26 Article: "The European Union congratulates Rashid on the election and the assignment of Al-Sudani and stresses the need to expedite the formation of the government" Everybody! Congratulations, congratulations, congratulations! If this wasn't going to succeed nobody would be saying congratulations. Nobody would be bending backwards to reach across the border to shake hands of these new leaders...leaders are being born in Iraq ...
10-19-2022 Intel Guru Bruce [via WiserNow] ...we’ve got contacts in Iraq that we do talk to...that are saying that there have been celebrations going on a few days ago. They are celebrating I believe, their new government and the prospect of a new rate, which we have heard what the new rate might be on our screens...Dr Shabibi, said that the dinar would support a rate of XX dollars 10 years ago... Dr. Shabibi was projecting something that is on the screen now...The rates are going to be very very strong... so that's a very positive thing...for us...they're essentially ready to go and... have been ready to go for quite a while.
10-19-2022 Newshound Guru Walkingstick [via Frank26] Question: "What is the procedure now that we've got the president and the prime minister how does the government get seated?" ...the next big thing you're looking for - we need Sudani to announce his government by giving us the names of his cabinet members...once we sit the government we have a budget, an exchange rate, we have a gradual increase...an un-pegging, and a controlled float. These are wonderful times that we are experiencing...
10-19-2022 Guest Guru Humble1 Article: "Civil Aviation: Iraq will soon be free from international sanctions". Quote: "...during 2019, Iraq reached the rate of passing about 75% of the testing and auditing," stressing that "Iraq will pass the remaining percentage in the near future to get out of international sanctions.." A definite move in the right direction...
10-19-2022 Intel Guru Wolverine The Engine will start this Thursday. They have given the Green Light.
10-19-2022 Intel Guru Frank26 Article "Al-Sudani presents his booth to Parliament on Thursday.. And the Kurds decide their ministries" THEY SAID 14 DAYS, THEN THEY SAID 10 DAYS, THEN THEY SAID THIS COMING MONDAY, THEN THEY SAID THURSDAY... THIS IS THE SPEED OF THE MONETARY REFORM.
10-19-2022 Newshound Guru Samson Article: "A "rumor" causes a significant drop in dollar prices in Iraq" Quote: "The rumors circulating about the new government's intention to reduce the price of the dollar against the Iraqi dinar to be 130,000 dinars for 100 dollars, and the possibility that it will be returned to its old price prompted citizens to sell their dollar banknotes. This led to a large supply compared to demand in the local markets."
10-19-2022 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME IN ITS HISTORY, BANK DEPOSITS IN THE CENTRAL BANK APPROACH 180 TRILLION DINARS" Quote: "...“The value of the issued currency remained within the barrier of 82 trillion dinars, representing 47% of the total liabilities of the Central Bank" So, again they are telling us the amount of dinar now in circulation which is 82 trillion dinars (or about 82 billion US Dollars worth.) ...they kept telling us in the past they could not get the peoples money in the banks. So now we know this is not entirely true and they are having some success in doing so and this is the proof as 180 trillion nor about 180 US Dollars in the banks is not that shabby. I would call this program VERY successful!
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10-18-2022 Newshound Guru Samson Article: "State Administration Coalition: Saturday is the date for voting on the government"
10-18-2022 Intel Guru MarkZ [via PDK] A number of my bond people were contacted today for “Final Instructions”... This is huge. This is the first time many of them were asked these questions about final wiring and banking instructions…where and what accounts the money ends up. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...] We will be watching it closely overnight into tomorrow. But i believe it has started...The chatter today has been exceptional…Let’s see if it gets us across the finish line or not. [post 2 of 2]
10-18-2022 Get Free Membership Life is unfair enough. Why should we pay more when others pay way less for the same exact thing? It shouldn't be this way. If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Click here to learn more >> This is by invitation only. The latest guru post continue below...
10-18-2022 Intel Guru MarkZ [via PDK] Article: "USDA announces it will begin paying off $800 million in farm loans..." one of the things we have been looking for as a key indicator as to whether we have started or not is the cancellation of farm loans and forgiveness and farm claims...So this article dropping today...is (imo) pretty important. Especially when you couple it with the sudden chatter on the bond side... [post 1 of 2....stay tuned]
10-18-2022 Intel Guru Frank26 Article: "The coordinating framework reveals to Nina the features of the new government formation and the date of granting it confidence" They said 14 [days] then they said 10 days and I said 8 days would be enough. What did they say in this article? 8 days. Quote: "In all cases, next Monday we will have a new Iraqi government"
10-18-2022 Newshound Guru MilitiaMan Getting the purchase power is all about the citizens. My contact source "a Doctor" from Iraq tells us that the citizens are happy and expectant of a rate change...I am in a good place as I understand it to be, it is not all about Iraq.. It is far bigger than that and it is definitely underway and we see evidence...
10-18-2022 Newshound Guru Sandy Ingram I do not understand the new prime minister's designation. One news agency called him a nominee...[Another] called him a PM designate. These are high ranking news agencies so something is going on...
10-18-2022 Newshound Guru Pimpy What does this [new GOI] mean for the exchange rate? ...Maliki is most likely to be nominated to Vice President but...They're gonna find a way to maneuver him into the prime minister's position...I told you...if Maliki and his people got into power you would see an increase in the value of the Iraqi dinar. Most likely the first step is to increase it back to where it was - 1190. I do remember Maliki talking about him getting the exchange rate up to $1.12 at one time...the only question is...if they do change the exchange rate are we going to be allowed to sell our dinars? I hope so. We'll find out.
10-18-2022 Newshound Guru Samson Article: "The central bank resolves the controversy over changing the dollar exchange rate" Quote: "Central Bank Adviser Ihsan Shamran al-Yasiri said, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are now no efforts to change it..."
10-18-2022 Intel Guru MarkZ [via PDK] Still a bit quiet on the RV front…bond folks are still waiting to be paid. This surprises me based on conversations I have had with many bigwigs… I am still being told they are still getting lots of guarantees that they will have FULL access to their money…not partial…this week…and the can will not be kicked again……fingers crossed. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...]
10-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If soon we get one [government] seated the only thing left would be a rate change. All dots have been crossed and dotted if government formed. FRANK: The pressure from the UN and the international world allowed this to happen very quickly...
10-18-2022 Newshound Guru MilitiaMan Article: "Al-Sudani: Our government's program has made poverty alleviation a priority" Poverty is a part of the US Chamber of Commerce's Mission Statement. Well getting the HCL / Via Purchase Power will help alleviate that quickly... imo We have been seeing a lot about these meetings in Washington DC this last week and today is adding to the list of support that Iraq is going international. Lets keep an eye out for the WTO and see if they are still pushing for Iraq to be international and, "As soon as possible".. imo.
10-18-2022 Newshound/Intel Guru RVAlready If the RV wasn’t needed, the UN wouldn’t have gone to the security council, and threatened drastic action… Iraq is sitting with the IMF right now, talking over implementation details.
10-18-2022 Intel Guru MarkZ [via PDK] A number of my bond people were contacted today for “Final Instructions”... This is huge. This is the first time many of them were asked these questions about final wiring and banking instructions…where and what accounts the money ends up. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...] We will be watching it closely overnight into tomorrow. But i believe it has started...The chatter today has been exceptional…Let’s see if it gets us across the finish line or not. [post 2 of 2]
10-18-2022 Get Free Membership Life is unfair enough. Why should we pay more when others pay way less for the same exact thing? It shouldn't be this way. If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Click here to learn more >> This is by invitation only. The latest guru post continue below...
10-18-2022 Intel Guru MarkZ [via PDK] Article: "USDA announces it will begin paying off $800 million in farm loans..." one of the things we have been looking for as a key indicator as to whether we have started or not is the cancellation of farm loans and forgiveness and farm claims...So this article dropping today...is (imo) pretty important. Especially when you couple it with the sudden chatter on the bond side... [post 1 of 2....stay tuned]
10-18-2022 Intel Guru Frank26 Article: "The coordinating framework reveals to Nina the features of the new government formation and the date of granting it confidence" They said 14 [days] then they said 10 days and I said 8 days would be enough. What did they say in this article? 8 days. Quote: "In all cases, next Monday we will have a new Iraqi government"
10-18-2022 Newshound Guru MilitiaMan Getting the purchase power is all about the citizens. My contact source "a Doctor" from Iraq tells us that the citizens are happy and expectant of a rate change...I am in a good place as I understand it to be, it is not all about Iraq.. It is far bigger than that and it is definitely underway and we see evidence...
10-18-2022 Newshound Guru Sandy Ingram I do not understand the new prime minister's designation. One news agency called him a nominee...[Another] called him a PM designate. These are high ranking news agencies so something is going on...
10-18-2022 Newshound Guru Pimpy What does this [new GOI] mean for the exchange rate? ...Maliki is most likely to be nominated to Vice President but...They're gonna find a way to maneuver him into the prime minister's position...I told you...if Maliki and his people got into power you would see an increase in the value of the Iraqi dinar. Most likely the first step is to increase it back to where it was - 1190. I do remember Maliki talking about him getting the exchange rate up to $1.12 at one time...the only question is...if they do change the exchange rate are we going to be allowed to sell our dinars? I hope so. We'll find out.
10-18-2022 Newshound Guru Samson Article: "The central bank resolves the controversy over changing the dollar exchange rate" Quote: "Central Bank Adviser Ihsan Shamran al-Yasiri said, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are now no efforts to change it..."
10-18-2022 Intel Guru MarkZ [via PDK] Still a bit quiet on the RV front…bond folks are still waiting to be paid. This surprises me based on conversations I have had with many bigwigs… I am still being told they are still getting lots of guarantees that they will have FULL access to their money…not partial…this week…and the can will not be kicked again……fingers crossed. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...]
10-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If soon we get one [government] seated the only thing left would be a rate change. All dots have been crossed and dotted if government formed. FRANK: The pressure from the UN and the international world allowed this to happen very quickly...
10-18-2022 Newshound Guru MilitiaMan Article: "Al-Sudani: Our government's program has made poverty alleviation a priority" Poverty is a part of the US Chamber of Commerce's Mission Statement. Well getting the HCL / Via Purchase Power will help alleviate that quickly... imo We have been seeing a lot about these meetings in Washington DC this last week and today is adding to the list of support that Iraq is going international. Lets keep an eye out for the WTO and see if they are still pushing for Iraq to be international and, "As soon as possible".. imo.
10-18-2022 Newshound/Intel Guru RVAlready If the RV wasn’t needed, the UN wouldn’t have gone to the security council, and threatened drastic action… Iraq is sitting with the IMF right now, talking over implementation details.
10-17-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq obtains an international certificate in cash management". AGAIN THE INTERNATIONAL COMMUNITY AND THE CBI ARE ONE IN THEIR GOALS.
10-17-2022 Intel Guru MarkZ [via PDK] It’s been very quiet today…My bond folks...are being told this is absolutely, undoubtedly, hands down their week and they will be at home...100% liquidity of their funds… This is important. I have gotten this from a couple different bond sources now. They are being told this is not the wolf. (boy who cried wolf) that this is it…I will keep you posted as the week develops…as to what this means for us – timing wise.
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10-17-2022 Newshound Guru Pimpy I know everybody wants some big huge increases [in the dinar rate]...you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar. Their foreign reserves are at all-time high. The money they're generating from oil has seriously put them in a great position. And they've increased their gold reserves. All these steps are huge in protecting the value of your currency...the last thing you want to do is raise the rate up so high that your goods are too expensive to sell internationally and you can't compete...
10-17-2022 Newshound Guru Clare Article: "Iraq tops the list of Arab countries with economic growth for 2022" Quote: "Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April's expectations, taking advantage of the rise in oil prices."
10-17-2022 Guru Nader From The Mid East ...The Iraqi dinar...it's not ready to change...when the CBI is ready they come out and they say okay let's change it and that's it...When they feel like the economy is strong, the private sector is strong, they're making more money than they're making now, they change. You cannot change the rate if you don't change your currency...So we wait when they're gonna change the currency to smaller currency for it to go through...they talked about it a couple of months ago and then they didn't say anything else. So we'll see...
10-17-2022 Intel Guru Frank26 Questions: "Are there going to be private banks in the Untied States?" I said...the CBI has private banks all over the world. "Will I be able to go into one of those private banks here in the United States and cash my Iraqi dinars and leave them as Iraqi dinars? That's a good question but you're cheating. Banks that come in to do business in the United States have to follow the banking laws of the international world. No it won't work that way...
10-17-2022 Intel Guru MarkZ [via PDK] Iraq is giving us all the news we need to let us know we are in a 2 week window. We are already into that 2 week window... This is important… They are giving us their timeline. The Sudani cabinet will be completed in less than 2 weeks. After months and months of stalemate- Iraq is finally making progress. We pray its sooner that 2 weeks…my bond people think it is.
10-17-2022 Newshound Guru Pimpy Yes I see they're talking about a rate change happening. No I don't think it's going to be $18. No I don't even think it's gonna be $3. The first step most likely is going to be the reinstatement of the 1190 dinars and after that depending on the impact it has on the Iraqi people and the economy you can probably start seeing small jumps here and there over time...
10-17-2022 Newshound Guru Samson Article: "Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars" Quote: "Iraq has a financial abundance of more than 86 billion dollars and does not need aid, and thus Iraq's economic strength has become very large, as Iraq, for the first time since the establishment of the Iraqi state until now, has financial abundance that neighboring countries do not possess,"
10-17-2022 Newshound Guru Kaperoni Iraq needs a government, a parliament that passes economic laws that encourage foreign investment. Only then with the success and growth of Iraq's economy will the central bank allow the dinar to gradually rise over time.
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10-17-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq participates in the annual meetings of the International Monetary Fund and the World Bank" ...They are readying to get this country into an international environment for trade. The likes of the World Bank, International Monetary Fund, US Treasury, American Chamber of Commerce, etc... of late are all about moving forward and apparently finalizing necessary formalities...All items are looking to be in place now or at least well underway...A good thing...imo
10-17-2022 Intel Guru MarkZ [via PDK] It’s been very quiet today…My bond folks...are being told this is absolutely, undoubtedly, hands down their week and they will be at home...100% liquidity of their funds… This is important. I have gotten this from a couple different bond sources now. They are being told this is not the wolf. (boy who cried wolf) that this is it…I will keep you posted as the week develops…as to what this means for us – timing wise.
10-17-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-17-2022 Newshound Guru Pimpy I know everybody wants some big huge increases [in the dinar rate]...you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar. Their foreign reserves are at all-time high. The money they're generating from oil has seriously put them in a great position. And they've increased their gold reserves. All these steps are huge in protecting the value of your currency...the last thing you want to do is raise the rate up so high that your goods are too expensive to sell internationally and you can't compete...
10-17-2022 Newshound Guru Clare Article: "Iraq tops the list of Arab countries with economic growth for 2022" Quote: "Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April's expectations, taking advantage of the rise in oil prices."
10-17-2022 Guru Nader From The Mid East ...The Iraqi dinar...it's not ready to change...when the CBI is ready they come out and they say okay let's change it and that's it...When they feel like the economy is strong, the private sector is strong, they're making more money than they're making now, they change. You cannot change the rate if you don't change your currency...So we wait when they're gonna change the currency to smaller currency for it to go through...they talked about it a couple of months ago and then they didn't say anything else. So we'll see...
10-17-2022 Intel Guru Frank26 Questions: "Are there going to be private banks in the Untied States?" I said...the CBI has private banks all over the world. "Will I be able to go into one of those private banks here in the United States and cash my Iraqi dinars and leave them as Iraqi dinars? That's a good question but you're cheating. Banks that come in to do business in the United States have to follow the banking laws of the international world. No it won't work that way...
10-17-2022 Intel Guru MarkZ [via PDK] Iraq is giving us all the news we need to let us know we are in a 2 week window. We are already into that 2 week window... This is important… They are giving us their timeline. The Sudani cabinet will be completed in less than 2 weeks. After months and months of stalemate- Iraq is finally making progress. We pray its sooner that 2 weeks…my bond people think it is.
10-17-2022 Newshound Guru Pimpy Yes I see they're talking about a rate change happening. No I don't think it's going to be $18. No I don't even think it's gonna be $3. The first step most likely is going to be the reinstatement of the 1190 dinars and after that depending on the impact it has on the Iraqi people and the economy you can probably start seeing small jumps here and there over time...
10-17-2022 Newshound Guru Samson Article: "Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars" Quote: "Iraq has a financial abundance of more than 86 billion dollars and does not need aid, and thus Iraq's economic strength has become very large, as Iraq, for the first time since the establishment of the Iraqi state until now, has financial abundance that neighboring countries do not possess,"
10-17-2022 Newshound Guru Kaperoni Iraq needs a government, a parliament that passes economic laws that encourage foreign investment. Only then with the success and growth of Iraq's economy will the central bank allow the dinar to gradually rise over time.
10-17-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-17-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq participates in the annual meetings of the International Monetary Fund and the World Bank" ...They are readying to get this country into an international environment for trade. The likes of the World Bank, International Monetary Fund, US Treasury, American Chamber of Commerce, etc... of late are all about moving forward and apparently finalizing necessary formalities...All items are looking to be in place now or at least well underway...A good thing...imo
10-16-2022 Newshound/Intel Guru RVAlready If IQD does come out close to KWD. KWD is 3.22 USD. This would then be minus the bank’s spread.
10-16-2022 Intel Guru Frank26 Article: "Iraq tops the list of Arab countries with economic growth for 2022" CAN YOU IMAGINE WHAT IRAQ'S GROWTH WILL BE WITHOUT A PROGRAM RATE.
10-16-2022 Newshound Guru Pimpy There's a lot of excitement inside the dinar community. All kinds of exaggeration on rate changes...Let's be honest. There is talk of a rate change but how much, no body knows. I've actually heard somebody saying that there's a 18 to 1 exchange rate. That's the rate that we're going for - 18 to 1? So for every 1 dinar they're trying to claim that you'll get $18 American dollars...that's not what's going to happen.
10-16-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-16-2022 Newshound Guru Samson Article: "The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rate" Quote: "there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar..."
10-16-2022 Newshound Guru Sandy Ingram Once a president is elected by parliament then the parliament votes on a prime minister. One half of the news media around the world is announcing a new president and prime minister in Iraq. The national media called the Prime Minister a Nominee. [NOTE: Parliament will either give the new Prime Minister's government a vote of confidence or not. He technically has 30 days to form but said he'd do it in 10.]
10-16-2022 Newshound Guru MilitiaMan Article: "The United Nations: Assigning Al-Sudani to form a government paves the way for addressing Iraqi issues" The language that is used is strong. The UN now expects the plan to take shape and it is an urgent matter. I am sure the pending issues for the people is Exchange Rate related. The opportunity is now and it is a golden one. Now that the UN doesn't have to put Iraq back into the stone age again (Chapter 7) we are likely to see results from the new government as planned and is expected.
10-16-2022 Intel Guru Frank26 Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" THERE IS A DIFFERENCE BETWEEN REDUCING THE EXCHANGE RATE AND CHANGING THE EXCHANGE RATE!!! YOU CANNOT CHANGE THE US EXCHANGE RATE BUT YOU CAN REDUCE IT! Quote: "The increase in oil prices and cash reserves will enable the new government to gradually reduce the dollar exchange rate during the next stage" THIS IS THE FLOAT... NEXT STAGE.
10-16-2022 Newshound/Intel Guru RVAlready I think the UN already gave them a deadline for the RV. We are on the clock.
10-16-2022 Intel Guru Frank26 Article: "Iraq tops the list of Arab countries with economic growth for 2022" CAN YOU IMAGINE WHAT IRAQ'S GROWTH WILL BE WITHOUT A PROGRAM RATE.
10-16-2022 Newshound Guru Pimpy There's a lot of excitement inside the dinar community. All kinds of exaggeration on rate changes...Let's be honest. There is talk of a rate change but how much, no body knows. I've actually heard somebody saying that there's a 18 to 1 exchange rate. That's the rate that we're going for - 18 to 1? So for every 1 dinar they're trying to claim that you'll get $18 American dollars...that's not what's going to happen.
10-16-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-16-2022 Newshound Guru Samson Article: "The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rate" Quote: "there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar..."
10-16-2022 Newshound Guru Sandy Ingram Once a president is elected by parliament then the parliament votes on a prime minister. One half of the news media around the world is announcing a new president and prime minister in Iraq. The national media called the Prime Minister a Nominee. [NOTE: Parliament will either give the new Prime Minister's government a vote of confidence or not. He technically has 30 days to form but said he'd do it in 10.]
10-16-2022 Newshound Guru MilitiaMan Article: "The United Nations: Assigning Al-Sudani to form a government paves the way for addressing Iraqi issues" The language that is used is strong. The UN now expects the plan to take shape and it is an urgent matter. I am sure the pending issues for the people is Exchange Rate related. The opportunity is now and it is a golden one. Now that the UN doesn't have to put Iraq back into the stone age again (Chapter 7) we are likely to see results from the new government as planned and is expected.
10-16-2022 Intel Guru Frank26 Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" THERE IS A DIFFERENCE BETWEEN REDUCING THE EXCHANGE RATE AND CHANGING THE EXCHANGE RATE!!! YOU CANNOT CHANGE THE US EXCHANGE RATE BUT YOU CAN REDUCE IT! Quote: "The increase in oil prices and cash reserves will enable the new government to gradually reduce the dollar exchange rate during the next stage" THIS IS THE FLOAT... NEXT STAGE.
10-16-2022 Newshound/Intel Guru RVAlready I think the UN already gave them a deadline for the RV. We are on the clock.
10-15-2022 Intel Guru Frank26 Article "Coordination framework: Completion of the ministerial cabinet of Muhammad Shia Al-Sudani within 10 days" FROM 2 WEEKS TO 10 DAYS... THE MONETARY REFORM IS MOVING FAST
10-15-2022 Deadline Extended To 11:59pm Tonight! If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline has been extended to tonight 11:59 PST! We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest Guru updates will continue below...
10-15-2022 Newshound Guru Militiaman Article "Find out when the new president will receive the keys to the Peace Palace " Well well well.. They are on the move. The new guy gets his keys to the Peace Palace Sunday... Will that include a sovereign currency too? We shall see. It sure is timed accordingly.
10-15-2022 Newshound Guru Pimpy It doesn't appear that Sadr is upset with what's going on so we shouldn't hear anything from him or his people and it looks definitely like Iraq is on its way to establishing the government and finally passing the budget and doing what they need to do to get back on track...
10-15-2022 Newshound Guru Clare Article "Coordination framework: Completion of the ministerial cabinet of Muhammad Shia Al-Sudani within 10 days"
10-15-2022 Newshound Guru Samson Article: "For the first time in its history, bank deposits in the Central Bank approach 180 trillion dinars" Quote: "the rise in local banks' deposits with the Central Bank and their exceeding the barrier of 40 trillion dinars indicates the improvement in the level of financial inclusion in Iraq, which contributed to increasing the monetary assets of banks and depositing them with the Central Bank..."
10-15-2022 Intel Guru Frank26 Article: "Masrour Barzani congratulates Rashid on the election: Let us turn a new page after so many tensions and turmoil" I DON'T CARE WHO WON I CARE ABOUT A GOV BEING FORMED.
10-15-2022 Intel Guru MarkZ [via PDK] Arriving in DC includes representatives from Iraq, from the new government, representatives from the IMF, the UN and other central banking organizations...This is interesting. Why would they need to do this? And why here in the US unless there is some kind of financial thing involved? It’s my understanding they will have a couple days worth of meetings starting later today and over the weekend in DC. All eyes are looking at that. Perhaps it will be an announcement or the final signing of whatever is needed? I am pretty excited about that... Hopefully this is our weekend…there is a lot of anticipation.
10-15-2022 Newshound Guru Militiaman The new government spoke directly about announcing his cabinet within two weeks and address the exchange rate. The man has hit the pavement out of the the gate.. The UN is likely to have had a word with him, as would the Ambassadors of the USA, Canada, Japan, Norway, Europe, etc.. All currencies have been under extreme pressure lately and the meetings in Baghdad the other day must have been an event of all events. The immediate rate at which the new PM spoke is very telling and supports the idea his collar was tapped...
10-15-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" ...When they say reduce the dollar what they're talking about is reduce the value of the dollar against the dinar, which is the right direction. That's the one we want to go into...for them to do any serious rate change they're going to need to build the private sector as well as the public sector... the best you can hope for is the first step is that they just restore the last exchange rate...anytime we head in that direction is a good direction no matter how much the increase is...
10-15-2022 Newshound Guru Clare Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" Quote "...and raise the value of the Iraqi dinar, pointing out that all conditions are prepared for this measure."
10-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Citizens are opening account all over the place here in Iraq and depositing money in banks like never before. This is amazing and good for the stability of Iraq. FRANK: Yes! The citizens know! They're getting ready...The reason why Iraqi citizens are pouring into the banks is because the education was extremely successful with you citizens. You know very well what is about to happen to your currency...
10-15-2022 Deadline Extended To 11:59pm Tonight! If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline has been extended to tonight 11:59 PST! We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest Guru updates will continue below...
10-15-2022 Newshound Guru Militiaman Article "Find out when the new president will receive the keys to the Peace Palace " Well well well.. They are on the move. The new guy gets his keys to the Peace Palace Sunday... Will that include a sovereign currency too? We shall see. It sure is timed accordingly.
10-15-2022 Newshound Guru Pimpy It doesn't appear that Sadr is upset with what's going on so we shouldn't hear anything from him or his people and it looks definitely like Iraq is on its way to establishing the government and finally passing the budget and doing what they need to do to get back on track...
10-15-2022 Newshound Guru Clare Article "Coordination framework: Completion of the ministerial cabinet of Muhammad Shia Al-Sudani within 10 days"
10-15-2022 Newshound Guru Samson Article: "For the first time in its history, bank deposits in the Central Bank approach 180 trillion dinars" Quote: "the rise in local banks' deposits with the Central Bank and their exceeding the barrier of 40 trillion dinars indicates the improvement in the level of financial inclusion in Iraq, which contributed to increasing the monetary assets of banks and depositing them with the Central Bank..."
10-15-2022 Intel Guru Frank26 Article: "Masrour Barzani congratulates Rashid on the election: Let us turn a new page after so many tensions and turmoil" I DON'T CARE WHO WON I CARE ABOUT A GOV BEING FORMED.
10-15-2022 Intel Guru MarkZ [via PDK] Arriving in DC includes representatives from Iraq, from the new government, representatives from the IMF, the UN and other central banking organizations...This is interesting. Why would they need to do this? And why here in the US unless there is some kind of financial thing involved? It’s my understanding they will have a couple days worth of meetings starting later today and over the weekend in DC. All eyes are looking at that. Perhaps it will be an announcement or the final signing of whatever is needed? I am pretty excited about that... Hopefully this is our weekend…there is a lot of anticipation.
10-15-2022 Newshound Guru Militiaman The new government spoke directly about announcing his cabinet within two weeks and address the exchange rate. The man has hit the pavement out of the the gate.. The UN is likely to have had a word with him, as would the Ambassadors of the USA, Canada, Japan, Norway, Europe, etc.. All currencies have been under extreme pressure lately and the meetings in Baghdad the other day must have been an event of all events. The immediate rate at which the new PM spoke is very telling and supports the idea his collar was tapped...
10-15-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" ...When they say reduce the dollar what they're talking about is reduce the value of the dollar against the dinar, which is the right direction. That's the one we want to go into...for them to do any serious rate change they're going to need to build the private sector as well as the public sector... the best you can hope for is the first step is that they just restore the last exchange rate...anytime we head in that direction is a good direction no matter how much the increase is...
10-15-2022 Newshound Guru Clare Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" Quote "...and raise the value of the Iraqi dinar, pointing out that all conditions are prepared for this measure."
10-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Citizens are opening account all over the place here in Iraq and depositing money in banks like never before. This is amazing and good for the stability of Iraq. FRANK: Yes! The citizens know! They're getting ready...The reason why Iraqi citizens are pouring into the banks is because the education was extremely successful with you citizens. You know very well what is about to happen to your currency...
10-14-2022 *** Dinar Guru News Flash *** Iraq's parliament voted in a new president and the new president selected the new prime minister. Things are moving extremely quickly. The new Prime Minister has 30 days to form a government. Stay tuned as the gurus chime in on the how the new leaders of Iraq will impact the dinar rate change and when it will change. The latest guru posts continue below...
10-14-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" This is the article that everybody's going crazy over...Maliki allegedly stole a lot of money from Iraq so him increasing the value of the exchange rate benefits him greatly...and sure enough as soon as his people get into office what do we see? I'm not saying they're going to do the $3.22 rate. I said they were going to go up in increments and it sounds like that's what they plan to do...
10-14-2022 Intel Guru Bruce [via WiserNow] They have been celebrating and they're about to celebrate their Prime Minister officially being in a position of being the head of the party and the head of the Republic - so that is a positive step forward for Iraq and I believe this will complete what Iraq has to do for us to move forward... the new Iraqi dinar rate should be made public - I would think by Sunday, maybe sooner but I would think by Sunday...So that's something to look forward to. I'm excited because this is an opportunity like none we've ever seen, and yes, we waited a long time for it. Yes, it's been a roller coaster ride - I get it...And I think that we're at a great point to finally see this come to fruition...
10-14-2022 Newshound Guru Clare Article: "Political Analyst: Resolving the presidential position closed the blockage file and assigning Al-Sudani is like a shortcut to time" Well Cbi you have your seated government.
10-14-2022 Intel Guru MarkZ [via PDK] Well bond guys have not been paid yet. They are being told their funds will release over the weekend and they will have access on Monday morning. That is the latest from my bond contacts...When they do get access…we will be right on their heels...I do believe things are well on their way. It is shaping up for the perfect storm for a reset.
10-14-2022 Intel Guru Frank26 Article: "The United Nations Mission: The 2023 budget decision before the end of the year is urgent" I DON'T LIKE YOU UN... BUT WE NEED THE THREAT OF CHAPTER 7 RETURNING!
10-14-2022 Intel Guru MarkZ [via PDK] Yesterday was so eventful. Today is quiet but I believe Iraq is putting together a lot of things very quickly.
10-14-2022 Newshound Guru Sandy Ingram Abdul Latin Rashi was elected President in the second round of voting. He quickly then appointed Muhammed Al-Sudani as prime minister, giving him 30 days to form a government.
10-14-2022 Newshound Guru Pimpy [Abdul Latin Rashi & Muhammed Al-Sudani] That's your new president of the Republic of Iraq and the new prime minister. For some strange reason the United States is tickled pink over these two. Not just them but the European Zone. When those two countries get excited about picks you know it's not good for that country.
10-14-2022 Newhsound Guru Kaperoni After almost a year since the election, Iraq has decided to compromise and form a government. Iraq has sworn in a new president today Abdul Latif Rashid. This new president has chosen a prime minister and designated him to form a government Muhammad Shia Al-Sudani.
10-14-2022 Intel Guru MarkZ [via PDK] This article dropped today…about Vietnam. This is important because they [Iraq & Vietnam] are huge trading partners and we are looking for them to go at the same time. “Standard Chartered raises Vietnams growth forecast to 7.5%." This means their currency is too strong in comparison and needs to go up...
10-14-2022 Newshound Guru Clare Article: "A member of Fatah: Al-Sudani will announce his booth within two weeks and reduce the dollar exchange". Quote: "The Sudanese is serious about supporting the prestige and sovereignty of Iraq, and the economy is at the forefront of the files that he will care about and will work to gradually reduce the price of the dollar."
10-14-2022 Newshound/Intel Guru RVAlready Article: "Iraq Elects New President and New Prime Minister Today!" In the end, all it took for Iraq to get its act together was a threat by the UN to take over the government...All we need now is word from the CBI to begin exchanges. The CBI is unlikely to expose the date or give a back wall. They will just spring it on us.
10-14-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" This is the article that everybody's going crazy over...Maliki allegedly stole a lot of money from Iraq so him increasing the value of the exchange rate benefits him greatly...and sure enough as soon as his people get into office what do we see? I'm not saying they're going to do the $3.22 rate. I said they were going to go up in increments and it sounds like that's what they plan to do...
10-14-2022 Intel Guru Bruce [via WiserNow] They have been celebrating and they're about to celebrate their Prime Minister officially being in a position of being the head of the party and the head of the Republic - so that is a positive step forward for Iraq and I believe this will complete what Iraq has to do for us to move forward... the new Iraqi dinar rate should be made public - I would think by Sunday, maybe sooner but I would think by Sunday...So that's something to look forward to. I'm excited because this is an opportunity like none we've ever seen, and yes, we waited a long time for it. Yes, it's been a roller coaster ride - I get it...And I think that we're at a great point to finally see this come to fruition...
10-14-2022 Newshound Guru Clare Article: "Political Analyst: Resolving the presidential position closed the blockage file and assigning Al-Sudani is like a shortcut to time" Well Cbi you have your seated government.
10-14-2022 Intel Guru MarkZ [via PDK] Well bond guys have not been paid yet. They are being told their funds will release over the weekend and they will have access on Monday morning. That is the latest from my bond contacts...When they do get access…we will be right on their heels...I do believe things are well on their way. It is shaping up for the perfect storm for a reset.
10-14-2022 Intel Guru Frank26 Article: "The United Nations Mission: The 2023 budget decision before the end of the year is urgent" I DON'T LIKE YOU UN... BUT WE NEED THE THREAT OF CHAPTER 7 RETURNING!
10-14-2022 Intel Guru MarkZ [via PDK] Yesterday was so eventful. Today is quiet but I believe Iraq is putting together a lot of things very quickly.
10-14-2022 Newshound Guru Sandy Ingram Abdul Latin Rashi was elected President in the second round of voting. He quickly then appointed Muhammed Al-Sudani as prime minister, giving him 30 days to form a government.
10-14-2022 Newshound Guru Pimpy [Abdul Latin Rashi & Muhammed Al-Sudani] That's your new president of the Republic of Iraq and the new prime minister. For some strange reason the United States is tickled pink over these two. Not just them but the European Zone. When those two countries get excited about picks you know it's not good for that country.
10-14-2022 Newhsound Guru Kaperoni After almost a year since the election, Iraq has decided to compromise and form a government. Iraq has sworn in a new president today Abdul Latif Rashid. This new president has chosen a prime minister and designated him to form a government Muhammad Shia Al-Sudani.
10-14-2022 Intel Guru MarkZ [via PDK] This article dropped today…about Vietnam. This is important because they [Iraq & Vietnam] are huge trading partners and we are looking for them to go at the same time. “Standard Chartered raises Vietnams growth forecast to 7.5%." This means their currency is too strong in comparison and needs to go up...
10-14-2022 Newshound Guru Clare Article: "A member of Fatah: Al-Sudani will announce his booth within two weeks and reduce the dollar exchange". Quote: "The Sudanese is serious about supporting the prestige and sovereignty of Iraq, and the economy is at the forefront of the files that he will care about and will work to gradually reduce the price of the dollar."
10-14-2022 Newshound/Intel Guru RVAlready Article: "Iraq Elects New President and New Prime Minister Today!" In the end, all it took for Iraq to get its act together was a threat by the UN to take over the government...All we need now is word from the CBI to begin exchanges. The CBI is unlikely to expose the date or give a back wall. They will just spring it on us.
10-13-2022 Newshound Guru Breitling Community comment "It's been over 20 years and they're still having problems in their parliamentary and in their government positions." Watch the fundamentals...policy-wise. Then it makes sense. It's not 100% it's 110% that they're gonna add value to their currency. But it's not a get rich quick scheme...
10-13-2022 Deadline Tonight 11:59 PST If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline is tonight. We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...click here to learn more. This is by invitation only. The latest Guru updates will continue below...
10-13-2022 Intel Guru MarkZ [via PDK] News today…wow…where do we even start. The news has been overwhelming today...Articles: “Al Kazemi congratulates Al Sudani for his assignment to form the new government” and this one “A member of Fatah-Al Sudani will announce his booth within two weeks and reduce the dolar exchange” Pay attention to that one. They have given us a time as to “when”...This is enormous news today. If they are telling you two weeks …that means they have to do it before then…imo…
10-13-2022 Newshound Guru Kaperoni That being said the delete three zeros is constantly being discussed and has referenced that it would take parliament approval. Again, this confirms the delete 3 zeros is a neutral event LOP because it changes the value of the notes in circulation. This would be the only reason Parliament would have to be involved in monetary policy...the central bank is independent in monetary policy. [Post 2 of 2]
10-13-2022 Newshound Guru Kaperoni Guru Mnt Goat continues to argue that someday the Central Bank of Iraq will delete the zeros. [Reference Mnt Goat 10-12-2022 below] Well if they implemented delete three zeros plan it is a neutral event LOP. This is well documented including articles from the central bank. It is my belief Iraq will never implement the delete 3 zeros that it's only an option that they keep throwing out there to keep speculators out of buying dinar. [Post 1 of 2....stay tuned]
10-13-2022 Intel Guru MarkZ [via PDK] ...bond folks are sure geared up…I am excited for them and hope they will be (like they expect) be home by Friday evening with money in pockets. That is still the rumor out there. I think it is tight on the timeline but, the bond folks are extremely excited that they could be finished… That is their news- not mine. Bond folks did not receive dollars overnight but, they are just now entering their window of expectations today…cross your fingers. Pray they get their blessings. When they get their blessing…we get our blessing...the general consensus is within 72 hours of them…we will be making appointments…
10-13-2022 Intel Guru RayRen98 Prime Minister-designate Muhammad Shi Al-Sudani now has 30 days to form the government.
10-13-2022 Newshound Guru Clare Article: "Al-Kazemi congratulates Abdul Latif Rashid on his election as President of the Republic". NOTHING IS OFFICIAL UNLESS THERE IS A VOTE OF CONFIDENCE ON THE PM DESIGNATE AND IF NOT THEY HAVE TO NOMINATE SOMEONE ELSE. SO WE NEED TO WAIT & SEE HOW IT DEVELOPS...
10-13-2022 Intel Guru David M. Witty Iraqi Parliament elects Abdel Latif Rashid as new president of the republic. Rashid to nominate Mohamed Shiya Sudani as new PM. In Iraq, PM designee Mohamed Shiya Sudani: I will form my new government in the shortest time possible.
10-13-2022 Intel Guru David M. Witty Iraqi parliament vote for president of the republic is between 2 candidates, Barham Salih, the current president, and Abdel Latif Rashid, a former minister.
10-13-2022 Intel Guru Frank26 The next big thing that we're looking for is the government to be seated and the pressure from the U.N. and the international world is going to get very loud this week. I think we're going to see an awful lot about the trueness of the government of Iraq.
10-13-2022 Newshound Guru Clare Article: "A parliamentary source reveals the number of votes required for a presidential candidate to win" Quote: "the first round of secret balloting, if the candidate gets 220 votes, then he will go to a second round between the first and second winners, and whoever gets the highest votes will win the position of the presidency...In the second round, any candidate who gets more than 165 votes will be the president of the country."
10-13-2022 Intel Guru MarkZ [via PDK] Bond contacts have lit me up starting a few hours ago...a Zurich contact told me…they expect to be home and well funded and liquid by Friday evening. He would not give me any more than that on timing... [So if bond people liquid by Friday…that means (tier) 4b this weekend… yippeeeeee.] That is what I am thinking as well…i don’t have any information telling me this…it just makes the most sense. If they are done by then…well, one of two things…we are either going to appointments or setting our appointments…cross your fingers.
10-13-2022 Deadline Tonight 11:59 PST If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline is tonight. We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...click here to learn more. This is by invitation only. The latest Guru updates will continue below...
10-13-2022 Intel Guru MarkZ [via PDK] News today…wow…where do we even start. The news has been overwhelming today...Articles: “Al Kazemi congratulates Al Sudani for his assignment to form the new government” and this one “A member of Fatah-Al Sudani will announce his booth within two weeks and reduce the dolar exchange” Pay attention to that one. They have given us a time as to “when”...This is enormous news today. If they are telling you two weeks …that means they have to do it before then…imo…
10-13-2022 Newshound Guru Kaperoni That being said the delete three zeros is constantly being discussed and has referenced that it would take parliament approval. Again, this confirms the delete 3 zeros is a neutral event LOP because it changes the value of the notes in circulation. This would be the only reason Parliament would have to be involved in monetary policy...the central bank is independent in monetary policy. [Post 2 of 2]
10-13-2022 Newshound Guru Kaperoni Guru Mnt Goat continues to argue that someday the Central Bank of Iraq will delete the zeros. [Reference Mnt Goat 10-12-2022 below] Well if they implemented delete three zeros plan it is a neutral event LOP. This is well documented including articles from the central bank. It is my belief Iraq will never implement the delete 3 zeros that it's only an option that they keep throwing out there to keep speculators out of buying dinar. [Post 1 of 2....stay tuned]
10-13-2022 Intel Guru MarkZ [via PDK] ...bond folks are sure geared up…I am excited for them and hope they will be (like they expect) be home by Friday evening with money in pockets. That is still the rumor out there. I think it is tight on the timeline but, the bond folks are extremely excited that they could be finished… That is their news- not mine. Bond folks did not receive dollars overnight but, they are just now entering their window of expectations today…cross your fingers. Pray they get their blessings. When they get their blessing…we get our blessing...the general consensus is within 72 hours of them…we will be making appointments…
10-13-2022 Intel Guru RayRen98 Prime Minister-designate Muhammad Shi Al-Sudani now has 30 days to form the government.
10-13-2022 Newshound Guru Clare Article: "Al-Kazemi congratulates Abdul Latif Rashid on his election as President of the Republic". NOTHING IS OFFICIAL UNLESS THERE IS A VOTE OF CONFIDENCE ON THE PM DESIGNATE AND IF NOT THEY HAVE TO NOMINATE SOMEONE ELSE. SO WE NEED TO WAIT & SEE HOW IT DEVELOPS...
10-13-2022 Intel Guru David M. Witty Iraqi Parliament elects Abdel Latif Rashid as new president of the republic. Rashid to nominate Mohamed Shiya Sudani as new PM. In Iraq, PM designee Mohamed Shiya Sudani: I will form my new government in the shortest time possible.
10-13-2022 Intel Guru David M. Witty Iraqi parliament vote for president of the republic is between 2 candidates, Barham Salih, the current president, and Abdel Latif Rashid, a former minister.
10-13-2022 Intel Guru Frank26 The next big thing that we're looking for is the government to be seated and the pressure from the U.N. and the international world is going to get very loud this week. I think we're going to see an awful lot about the trueness of the government of Iraq.
10-13-2022 Newshound Guru Clare Article: "A parliamentary source reveals the number of votes required for a presidential candidate to win" Quote: "the first round of secret balloting, if the candidate gets 220 votes, then he will go to a second round between the first and second winners, and whoever gets the highest votes will win the position of the presidency...In the second round, any candidate who gets more than 165 votes will be the president of the country."
10-13-2022 Intel Guru MarkZ [via PDK] Bond contacts have lit me up starting a few hours ago...a Zurich contact told me…they expect to be home and well funded and liquid by Friday evening. He would not give me any more than that on timing... [So if bond people liquid by Friday…that means (tier) 4b this weekend… yippeeeeee.] That is what I am thinking as well…i don’t have any information telling me this…it just makes the most sense. If they are done by then…well, one of two things…we are either going to appointments or setting our appointments…cross your fingers.
10-12-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It looks like the CBI wants to recover dinars by the end of this year...at same time they want to rid the smaller banks of all corruption and then start helping improve the banking sector. This already has been done...the plan is to have currency returned...this would pave a way for a new rate with a new budget at the beginning of the year.
10-12-2022 Newshound Guru Clare Question: "the 26k note will be cancelled?" THE 25K NOTE...NO, NOT AT ALL..THE NOTES ARE VALID THEY WON'T USE THEM IN COUNTRY. THE NOTES WE HAVE WILL STILL BE ABLE TO EXCHANGE WHEN THE RATE CHANGES. IMO
10-12-2022 Intel Guru MarkZ [via PDK] [do you have any guess on rates?] I am now hearing the dong could be closer to $3 or $4 and the dinar I am still hearing the street rate will close to $4 and we will get about $2 more on the contract rate in the “Oil for Dinar” contract in rebuilding Iraq.
10-12-2022 Newshound Guru Pimpy If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments because you can't stop your economy once it starts doing well.
10-12-2022 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament: the parliament meeting on Thursday will have one agenda item: electing a president of the republic.
10-12-2022 Newshound Guru Kaperoni Guru Pimpy [Reference Pimpy 10-11-2022 below] is claiming that the new 20K note (even though the Central Bank of Iraq said it will not contribute to inflation) thinks it will...Whenever a central bank issues a new currency they don't just flood the market with it and add it to their existing money supply, the currency replaces old worn out notes that are being pulled in. The same occurred when the 50k note was issued. It does not increase money supply. In fact the introduction of a newer note (20k) could even reduce the money supply if it replaces a larger note such as the 25k.
10-12-2022 Intel Guru MarkZ [via PDK] I am still hearing it’s a goal for Iraq parliament to finally elect their president on Thursday...tomorrow…so they can move forward with their economic reforms. Once again my CBI source assured me that the CBI can change the rate without the government passing any more bills. They have reassured me on this.
10-12-2022 Newshound Guru Samson Article: "The judiciary releases Al-Maliki on bail after appearing in the leaks file" Quote: "Judge Jaafar al-Moussawi, announced...the release of the leader of the State of Law coalition, Nuri al-Maliki, on bail after appearing before the judiciary in the case of audio leaks."
10-12-2022 Intel Guru Frank26 They are running out of time because the UN wants to put them back into Chapter VII. If they go back into Chapter VII that could be really bad. REALLY bad...we not only have the UN pushing Kazemi to sit his government. But we also have countries that have signed contracts with kazemi...there's this pressure now from two directions. The pressure was internationally. Now the pressure is internationally and from the Untied Nations, internationally. This pressure I think is going to be very good for what we've got...
10-12-2022 Newshound/Intel Guru Mnt Goat Why does Kap [Guru Kaperoni] say it does not? [Reference Kaperoni post 10-6-2022] ...I know the plan of the process to reform the currency given to us in 2011... I would never even allude to a LOP. Dr Shabibi told us specifically that a LOP is a tool that applies to certain conditions of currency reform for hyper inflationary situations and that there was no reason to apply it to the IQD dinar since inflation can be controlled and managed and is not out of hand. Situations like in Zimbabwe are a good example of applying a LOP. [post 3 of 3]
10-12-2022 Newshound/Intel Guru Mnt Goat I...know for a FACT that before the CBI will conduct the project to delete the zeros someday, it will have to get permission from the Finance Ministry thus the cabinet, to which writes the legislation and passed it on to parliament for debate and passing into law. The Finance Ministry is a ministry as part of the prime minister’s cabinet so the prime minister in charge will have a big say in it too. [post 2 of 3....stay tuned]
10-12-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CLOSES THE DOOR TO CHANGE THE DOLLAR EXCHANGE RATE.. WHAT ABOUT THE PROJECT TO DELETE ZEROS?" Quote: “the process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications,” So, does the CBI need parliament approval? ...It clearly states in black and white that it does. [post 1 of 3....stay tuned]
10-12-2022 Newshound Guru Clare Question: "the 26k note will be cancelled?" THE 25K NOTE...NO, NOT AT ALL..THE NOTES ARE VALID THEY WON'T USE THEM IN COUNTRY. THE NOTES WE HAVE WILL STILL BE ABLE TO EXCHANGE WHEN THE RATE CHANGES. IMO
10-12-2022 Intel Guru MarkZ [via PDK] [do you have any guess on rates?] I am now hearing the dong could be closer to $3 or $4 and the dinar I am still hearing the street rate will close to $4 and we will get about $2 more on the contract rate in the “Oil for Dinar” contract in rebuilding Iraq.
10-12-2022 Newshound Guru Pimpy If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments because you can't stop your economy once it starts doing well.
10-12-2022 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament: the parliament meeting on Thursday will have one agenda item: electing a president of the republic.
10-12-2022 Newshound Guru Kaperoni Guru Pimpy [Reference Pimpy 10-11-2022 below] is claiming that the new 20K note (even though the Central Bank of Iraq said it will not contribute to inflation) thinks it will...Whenever a central bank issues a new currency they don't just flood the market with it and add it to their existing money supply, the currency replaces old worn out notes that are being pulled in. The same occurred when the 50k note was issued. It does not increase money supply. In fact the introduction of a newer note (20k) could even reduce the money supply if it replaces a larger note such as the 25k.
10-12-2022 Intel Guru MarkZ [via PDK] I am still hearing it’s a goal for Iraq parliament to finally elect their president on Thursday...tomorrow…so they can move forward with their economic reforms. Once again my CBI source assured me that the CBI can change the rate without the government passing any more bills. They have reassured me on this.
10-12-2022 Newshound Guru Samson Article: "The judiciary releases Al-Maliki on bail after appearing in the leaks file" Quote: "Judge Jaafar al-Moussawi, announced...the release of the leader of the State of Law coalition, Nuri al-Maliki, on bail after appearing before the judiciary in the case of audio leaks."
10-12-2022 Intel Guru Frank26 They are running out of time because the UN wants to put them back into Chapter VII. If they go back into Chapter VII that could be really bad. REALLY bad...we not only have the UN pushing Kazemi to sit his government. But we also have countries that have signed contracts with kazemi...there's this pressure now from two directions. The pressure was internationally. Now the pressure is internationally and from the Untied Nations, internationally. This pressure I think is going to be very good for what we've got...
10-12-2022 Newshound/Intel Guru Mnt Goat Why does Kap [Guru Kaperoni] say it does not? [Reference Kaperoni post 10-6-2022] ...I know the plan of the process to reform the currency given to us in 2011... I would never even allude to a LOP. Dr Shabibi told us specifically that a LOP is a tool that applies to certain conditions of currency reform for hyper inflationary situations and that there was no reason to apply it to the IQD dinar since inflation can be controlled and managed and is not out of hand. Situations like in Zimbabwe are a good example of applying a LOP. [post 3 of 3]
10-12-2022 Newshound/Intel Guru Mnt Goat I...know for a FACT that before the CBI will conduct the project to delete the zeros someday, it will have to get permission from the Finance Ministry thus the cabinet, to which writes the legislation and passed it on to parliament for debate and passing into law. The Finance Ministry is a ministry as part of the prime minister’s cabinet so the prime minister in charge will have a big say in it too. [post 2 of 3....stay tuned]
10-12-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CLOSES THE DOOR TO CHANGE THE DOLLAR EXCHANGE RATE.. WHAT ABOUT THE PROJECT TO DELETE ZEROS?" Quote: “the process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications,” So, does the CBI need parliament approval? ...It clearly states in black and white that it does. [post 1 of 3....stay tuned]
10-11-2022 Newshound Guru Samson Article: "Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars" Quote: "Iraq lacks a strong government, if it existed, there would have been a boom in its economy," expressing his hope that "a government with full powers will be formed and bring people who are interested in serving the citizen"
10-11-2022 Intel Guru MarkZ [via PDK] [Al Maliki has been released on bail and is now on house arrest.] I have been trying to confirm this….if it is true it’s an absolutely huge piece of news for us!! Maliki has been in our way since the beginning. This would be an enormous move forward for Iraq and a possibility for a revaluation of the dinar.
10-11-2022 Newshound/Intel Guru Breitling Question: "What is the central banks's position on the government of Iraq?" They're fine with it...I keep telling people there's no difference between the Sunni and the Shia. They're definitely fighting for control. On how they treat the currency it's exactly the same and the evidence of that is that the CBI has never changed its policies. Ever.
10-11-2022 Intel Guru Frank26 The reforms are marching forward. The political crisis is now being stimulated by the UN...Jeanine [From the UN] told Kazemi...if he doesn't sit his government we're going to put them back into Chapter VII...In this case this will be a catalyst, a stimulus, booster rockets for the monetary reform. IMO Kazemi doesn't not want to start all over again. If he enters Chapter VII...that's a lot of steps he'd have to redo again... The people would tear the country apart. He wants peace. He doesn't want war. He wants monetary reform for the citizens.
10-11-2022 Intel Guru MarkZ [via PDK] out of Iraq - articles with Kazemi saying the Central Bank of Iraq’s reserves rose from $49 Billion dollars to $86 Billion and that changing the dollar exchange rate was one of the most successful decisions they took …He says this over, and over, and over again. Now they have not changed the dollar exchange rate significantly that we can see in the markets. So what is he referring too? Well, I believe they have already started moving forward over there. Unfortunately nothing is in our pockets yet. But, I believe they are moving forward.
10-11-2022 Newshound Guru Kaperoni Guru Nader claims Iraq is going to delete 3 zeros. I've stated numerous times we do not want to see that happen, deleting the zeros is a neutral event LOP.
10-11-2022 Newshound Guru Pimpy Article: "Does the issuance of the new category contribute to the increase in inflation?" Of course it does...It's not a good thing that they want to do this [print a new 20k note]...this doesn't help the Iraqi dinar. Think supply and demand. The more they keep printing of them the less valuable they are. I don't think they need any more currencies. Deal with what you got...I'm hoping they don't do it.
10-11-2022 Intel Guru MarkZ [via PDK] I still think it will get out of the gate this month…praying it does. We are getting constant good chatter.
10-11-2022 Newshound Guru Samson Article: "The new 20 thousand dinars category raises controversy and reveals the hidden.. Economists: It will increase inflation"
10-11-2022 Newshound/Intel Guru Mnt Goat Why have a new 20,000 dinar note? ...why issue it if there is a plan to conduct the project to delete the zeros in the very near future anyhow? Why go through all the work and expense? So, I called the CBI and did my weekly update with my contact. What I was told is that the 20,000 dinar note will be used as part of the long-term banking system for international exchanges and payments only and that when the project to delete the zeros does happen the note will be voided out and taken out of common circulation...
10-11-2022 Intel Guru MarkZ [via PDK] [Al Maliki has been released on bail and is now on house arrest.] I have been trying to confirm this….if it is true it’s an absolutely huge piece of news for us!! Maliki has been in our way since the beginning. This would be an enormous move forward for Iraq and a possibility for a revaluation of the dinar.
10-11-2022 Newshound/Intel Guru Breitling Question: "What is the central banks's position on the government of Iraq?" They're fine with it...I keep telling people there's no difference between the Sunni and the Shia. They're definitely fighting for control. On how they treat the currency it's exactly the same and the evidence of that is that the CBI has never changed its policies. Ever.
10-11-2022 Intel Guru Frank26 The reforms are marching forward. The political crisis is now being stimulated by the UN...Jeanine [From the UN] told Kazemi...if he doesn't sit his government we're going to put them back into Chapter VII...In this case this will be a catalyst, a stimulus, booster rockets for the monetary reform. IMO Kazemi doesn't not want to start all over again. If he enters Chapter VII...that's a lot of steps he'd have to redo again... The people would tear the country apart. He wants peace. He doesn't want war. He wants monetary reform for the citizens.
10-11-2022 Intel Guru MarkZ [via PDK] out of Iraq - articles with Kazemi saying the Central Bank of Iraq’s reserves rose from $49 Billion dollars to $86 Billion and that changing the dollar exchange rate was one of the most successful decisions they took …He says this over, and over, and over again. Now they have not changed the dollar exchange rate significantly that we can see in the markets. So what is he referring too? Well, I believe they have already started moving forward over there. Unfortunately nothing is in our pockets yet. But, I believe they are moving forward.
10-11-2022 Newshound Guru Kaperoni Guru Nader claims Iraq is going to delete 3 zeros. I've stated numerous times we do not want to see that happen, deleting the zeros is a neutral event LOP.
10-11-2022 Newshound Guru Pimpy Article: "Does the issuance of the new category contribute to the increase in inflation?" Of course it does...It's not a good thing that they want to do this [print a new 20k note]...this doesn't help the Iraqi dinar. Think supply and demand. The more they keep printing of them the less valuable they are. I don't think they need any more currencies. Deal with what you got...I'm hoping they don't do it.
10-11-2022 Intel Guru MarkZ [via PDK] I still think it will get out of the gate this month…praying it does. We are getting constant good chatter.
10-11-2022 Newshound Guru Samson Article: "The new 20 thousand dinars category raises controversy and reveals the hidden.. Economists: It will increase inflation"
10-11-2022 Newshound/Intel Guru Mnt Goat Why have a new 20,000 dinar note? ...why issue it if there is a plan to conduct the project to delete the zeros in the very near future anyhow? Why go through all the work and expense? So, I called the CBI and did my weekly update with my contact. What I was told is that the 20,000 dinar note will be used as part of the long-term banking system for international exchanges and payments only and that when the project to delete the zeros does happen the note will be voided out and taken out of common circulation...
10-10-2022 Intel Guru Frank26 They're teaching the citizens of Iraq from 1 thousand fils all the way down to one fil so that change can be given back due to a change in their exchange rate.
10-10-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes first I think it will force Vietnam to move up its time frame –imo…
10-10-2022 Intel Guru Frank26 Everyone of these articles that I say "not at a program rate' is evidence - is solid proof that the Iraqi dinar is not what it was. And it's being introduced to the international world at a completely different rate with a completely different value potential...why? Cause the economic reform is exploding...
10-10-2022 Newshound Guru Samson Article: "Iraq achieves self-sufficiency in the production of tractors and agricultural combines" Quote: “the company has achieved 100% self-sufficiency in the production of tractors and agricultural combines, and there is continuous work to prepare the sprinkler laboratories and start their manufacture.”
10-10-2022 Intel Guru MarkZ [via PDK] "The Central Bank of Iraq obtains an international certificate in cash management...the Central Bank of Iraq obtained the ISO certificate...related to the quality management system in terms of cash management..." This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…We needed sanctions removed…we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…to me this is very big news. [post 2 of 2]
10-10-2022 Intel Guru MarkZ [via PDK] In Iraq: “A wide welcome for the policies of the Central Bank: Contributed to achieving monetary stability” These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps. This happened yesterday: [post 1 of 2....stay tuned]
10-10-2022 Newshound Guru Kaperoni And if the dinar is ever going to go up in value it will be gradually over time based on the success and growth of Iraq's economy and diversification away from oil. Iraq has a ways to go!
10-10-2022 Newshound Guru Pimpy There's absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar. None...
10-10-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "Central Bank Adviser Ihssan Shamran Al-Yasiri said 'the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity.' He stressed that 'the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation."
10-10-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes first I think it will force Vietnam to move up its time frame –imo…
10-10-2022 Intel Guru Frank26 Everyone of these articles that I say "not at a program rate' is evidence - is solid proof that the Iraqi dinar is not what it was. And it's being introduced to the international world at a completely different rate with a completely different value potential...why? Cause the economic reform is exploding...
10-10-2022 Newshound Guru Samson Article: "Iraq achieves self-sufficiency in the production of tractors and agricultural combines" Quote: “the company has achieved 100% self-sufficiency in the production of tractors and agricultural combines, and there is continuous work to prepare the sprinkler laboratories and start their manufacture.”
10-10-2022 Intel Guru MarkZ [via PDK] "The Central Bank of Iraq obtains an international certificate in cash management...the Central Bank of Iraq obtained the ISO certificate...related to the quality management system in terms of cash management..." This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…We needed sanctions removed…we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…to me this is very big news. [post 2 of 2]
10-10-2022 Intel Guru MarkZ [via PDK] In Iraq: “A wide welcome for the policies of the Central Bank: Contributed to achieving monetary stability” These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps. This happened yesterday: [post 1 of 2....stay tuned]
10-10-2022 Newshound Guru Kaperoni And if the dinar is ever going to go up in value it will be gradually over time based on the success and growth of Iraq's economy and diversification away from oil. Iraq has a ways to go!
10-10-2022 Newshound Guru Pimpy There's absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar. None...
10-10-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "Central Bank Adviser Ihssan Shamran Al-Yasiri said 'the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity.' He stressed that 'the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation."
10-9-2022 Intel Guru Frank26 Article: "Newspapers continue to talk about the date of approving the next budget.. and the feasibility of issuing new categories of currency" IT IS NOT A RUMOR IT IS TRUE A BUDGET AND A NEW EXCHANGE RATE FOR A NEW CURRENCY ISSUED IS COMING... THAT'S ALL THE TALK IN IRAQ
10-9-2022 Newshound/Intel Guru Breitling They know the currency has been artificially inflated. They know the solution. Don't look at what's going on between the Sunni and the Shia and the turmoil going on in the parliament. Both sides have the same problem and both sides' answer is the exact same thing. That's all you need to worry about. We're sitting in a very very good position. It's not going backwards its going forward... sooner or later something is going to cause them to start adding value to their currency. [Post 2 of 2]
10-9-2022 Newshound/Intel Guru Breitling Community Comment: "...The CBI will not do anything...until there is an operating government in the country of Iraq. They're trying to dissolve parliament completely and they're having a hard time getting anything done." It sounds like 'oh my god they're gonna dissolve parliament.' I don't believe that. "The CBI doesn't have options." Yes they do have options. But in the end what does both sides want? To expand their markets. They got to have money to do it. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Pimpy These guys wanted to create a 20K dinar. Think about the value of the dinar. If it was going to change to $3.22, $1.50 or even a $1 there wouldn't be a need for a 20k dinar...because you want a lower denomination dinar...they say the governor of Iraq [CBI?] is working on a new category for dinars. I don't agree they should do a 20k. It makes no sense. A 20K dinar is the wrong direction.
10-9-2022 Newshound Guru Sandy Ingram The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time! The credit granted to the public during the first half of 2022 reached $2.53 billion U.S dollars at a rate of around 7% interest. Deposits increased around $5.69 billion...bring the total deposits in the banking sector to $73 billion...You see everyone in Iraq is not broke. The assets in banks grew to 112 billion...things are happening in Iraq for the good. This has happened even with the protests, the political crisis and Iraq not being able to form a government... [post 2 of 2]
10-9-2022 Newshound Guru Sandy Ingram We have excellent news from Iraq. The ARAP private bank league revealed...the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq. This strategy was put into place to strengthen the public's confidence in the banking sector. This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Samson Article: "Governor of the Central Bank in Parliament to answer the currency of "20,000 dinars" Quote: "During the hosting, we will direct a number of questions to the governor, the most prominent of which are the feasibility, justifications and reasons for taking a decision by the Central Bank to print and issue a new category (20 thousand dinars) and how much money will be issued from the new category and the mechanism for putting such a currency in the market."
10-9-2022 Intel Guru MarkZ [via PDK] [Is this going to be a taxable event? Many differing opinions on this.] I still think it will be a non- taxable event. But I am prepared either way to be safe. We just do not know 100%.
[NOTE: As always, consult your tax professional at the appropriate time.]
10-9-2022 Newshound/Intel Guru Breitling They know the currency has been artificially inflated. They know the solution. Don't look at what's going on between the Sunni and the Shia and the turmoil going on in the parliament. Both sides have the same problem and both sides' answer is the exact same thing. That's all you need to worry about. We're sitting in a very very good position. It's not going backwards its going forward... sooner or later something is going to cause them to start adding value to their currency. [Post 2 of 2]
10-9-2022 Newshound/Intel Guru Breitling Community Comment: "...The CBI will not do anything...until there is an operating government in the country of Iraq. They're trying to dissolve parliament completely and they're having a hard time getting anything done." It sounds like 'oh my god they're gonna dissolve parliament.' I don't believe that. "The CBI doesn't have options." Yes they do have options. But in the end what does both sides want? To expand their markets. They got to have money to do it. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Pimpy These guys wanted to create a 20K dinar. Think about the value of the dinar. If it was going to change to $3.22, $1.50 or even a $1 there wouldn't be a need for a 20k dinar...because you want a lower denomination dinar...they say the governor of Iraq [CBI?] is working on a new category for dinars. I don't agree they should do a 20k. It makes no sense. A 20K dinar is the wrong direction.
10-9-2022 Newshound Guru Sandy Ingram The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time! The credit granted to the public during the first half of 2022 reached $2.53 billion U.S dollars at a rate of around 7% interest. Deposits increased around $5.69 billion...bring the total deposits in the banking sector to $73 billion...You see everyone in Iraq is not broke. The assets in banks grew to 112 billion...things are happening in Iraq for the good. This has happened even with the protests, the political crisis and Iraq not being able to form a government... [post 2 of 2]
10-9-2022 Newshound Guru Sandy Ingram We have excellent news from Iraq. The ARAP private bank league revealed...the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq. This strategy was put into place to strengthen the public's confidence in the banking sector. This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Samson Article: "Governor of the Central Bank in Parliament to answer the currency of "20,000 dinars" Quote: "During the hosting, we will direct a number of questions to the governor, the most prominent of which are the feasibility, justifications and reasons for taking a decision by the Central Bank to print and issue a new category (20 thousand dinars) and how much money will be issued from the new category and the mechanism for putting such a currency in the market."
10-9-2022 Intel Guru MarkZ [via PDK] [Is this going to be a taxable event? Many differing opinions on this.] I still think it will be a non- taxable event. But I am prepared either way to be safe. We just do not know 100%.
[NOTE: As always, consult your tax professional at the appropriate time.]
10-8-2022 Newshound/Intel Guru RVAlready [I forgot about the meeting Iraq was supposed to hold today.] It looked like another do nothing meeting, unfortunately. I think the UN will have to take action.
10-8-2022 Intel Guru Frank26 Why are these powerhouses of financing moving to Baghdad? IMO it's because Iraq has become (and soon to announce it)...a financial hub. Just their reserves alone is announcing it. Just the economic potential is announcing it...
10-8-2022 Guru Nader From The Mid East Why it's taking a long time to exchange the rate? The first thing is the occupation. The occupation is gone. It's true it's gone, the problem they still occupied the country with money. The dollar. So that they have to change first because Iraqis are buying more dollars than dinars. The second thing they have to change is the 3 zeros...I think they are going to do it soon...It's still a little messy.
10-8-2022 Newshound Guru Pimpy Here's the article that's the big talk of the town. Everybody's talking about the 20k dinar Article: "20 thousand dinars...the new category under the lens of experts, negative and positive" I've had a chance to chat with people, 'Do you think this has anything to do with the revaluation?" No. Not at all. When you have a denomination that high that shows you they don't have plans anytime soon to change the value of the dinar or there would be no need for a 20k dinar.
10-8-2022 Intel Guru MarkZ [via PDK] It seems awfully quiet…We are just watching and waiting for that shoe to drop.
10-8-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "the Central Bank of Iraq confirmed, today, Thursday, that the new twenty thousand category will carry high security marks, and while he pointed out that there is no tendency to print a category higher than 50 thousand... This category will be an intermediate currency structure and will be enhanced with high security marks from the latest globally and will provide an addition to smaller denominations such as the five thousand and ten thousand."
10-8-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.
10-8-2022 Newshound/Intel Guru Mnt Goat Article: "CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION" This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.
10-8-2022 Intel Guru Bruce [via WiserNow] ...we are supposed to be notified over the weekend. Now what is over the weekend mean? I would say Saturday. And possibly Saturday afternoon might be in play. Could they notify us on Sunday? Yeah. So either day is in play for notifications. What about exchanges? Could we get notified and start Saturday? Yes. Could we start even Sunday? Yes, not as likely. But I say “yes”. ...even though Monday is Columbus Day...it is not a bank holiday - banks will not be closed. So does that mean Monday is in play for us to go in to redemption centers for exchanges? I think so...The good news is this is moving forward...I've been excited all week because I felt like from what I was hearing - we are really getting close.
10-8-2022 Intel Guru Frank26 Why are these powerhouses of financing moving to Baghdad? IMO it's because Iraq has become (and soon to announce it)...a financial hub. Just their reserves alone is announcing it. Just the economic potential is announcing it...
10-8-2022 Guru Nader From The Mid East Why it's taking a long time to exchange the rate? The first thing is the occupation. The occupation is gone. It's true it's gone, the problem they still occupied the country with money. The dollar. So that they have to change first because Iraqis are buying more dollars than dinars. The second thing they have to change is the 3 zeros...I think they are going to do it soon...It's still a little messy.
10-8-2022 Newshound Guru Pimpy Here's the article that's the big talk of the town. Everybody's talking about the 20k dinar Article: "20 thousand dinars...the new category under the lens of experts, negative and positive" I've had a chance to chat with people, 'Do you think this has anything to do with the revaluation?" No. Not at all. When you have a denomination that high that shows you they don't have plans anytime soon to change the value of the dinar or there would be no need for a 20k dinar.
10-8-2022 Intel Guru MarkZ [via PDK] It seems awfully quiet…We are just watching and waiting for that shoe to drop.
10-8-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "the Central Bank of Iraq confirmed, today, Thursday, that the new twenty thousand category will carry high security marks, and while he pointed out that there is no tendency to print a category higher than 50 thousand... This category will be an intermediate currency structure and will be enhanced with high security marks from the latest globally and will provide an addition to smaller denominations such as the five thousand and ten thousand."
10-8-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.
10-8-2022 Newshound/Intel Guru Mnt Goat Article: "CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION" This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.
10-8-2022 Intel Guru Bruce [via WiserNow] ...we are supposed to be notified over the weekend. Now what is over the weekend mean? I would say Saturday. And possibly Saturday afternoon might be in play. Could they notify us on Sunday? Yeah. So either day is in play for notifications. What about exchanges? Could we get notified and start Saturday? Yes. Could we start even Sunday? Yes, not as likely. But I say “yes”. ...even though Monday is Columbus Day...it is not a bank holiday - banks will not be closed. So does that mean Monday is in play for us to go in to redemption centers for exchanges? I think so...The good news is this is moving forward...I've been excited all week because I felt like from what I was hearing - we are really getting close.
10-7-2022 Guest Guru BobTheTaxMan Currencies are treated differently. We know our exotic currency the IQD is going to be treated as ordinary income. It's calculated on your personal income tax bracket and your filing status...If you're investing in the Forex...currencies...they're treated with a special tax application...cryptocurrencies are treated as a capital asset, meaning if you hold it for more than a year it's going o have a long term capital gain...[NOTE - Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]
10-7-2022 Newshound Guru Sandy Ingram Urgent and disturbing news coming out of the U.N. briefing session on Iraq...U.N. representative Jeanine Plasschaert warned on Tuesday that government spending in Iraq will stop in 2023 if a budget for the country is not approved...Plasschaert went on to say all anti-corruption efforts have failed. This is serious. If Iraq cannot for a government by the year's end we are not sure what will happen. I personally have hope Iraq will pull through and work it all out...
10-7-2022 Newshound Guru Pimpy There's always a possibility that they change the rate contrary to what needs to be done before a rate change should happen...
10-7-2022 Intel Guru MarkZ [via PDK] There is still open conversations on the street of Iraq about the new rate…and how close it is…this is what we should focus on because they will continue to put out conflicting stories just to keep us confused... This is on purpose. Actually it’s not us they want to confuse but the big whales on forex trading they want to keep confused. ...Everyone is waiting at the edge of their seats…waiting for that shoe to drop and somebody to flip the switch…what that timing is…I do not know. [post 2 of 2]
10-7-2022 Intel Guru MarkZ [via PDK] I’m hoping it is the “Golden Goose Weekend”. A lot of conjecture about this 3 day weekend. Everyone is where they need to be right now and they are being leaned on to...stay quiet. Iraq is absolutely predictable right now…you have one article comes out saying it will happen today and then another article comes out saying it won’t happen for 3 years…. It is totally expected what we are seeing out of Iraq right now. [post 1 of 2....stay tuned]
10-7-2022 Newshound Guru MilitiaMan Article: "A deputy calls on the Sudanese to implement his economic reform program" Quote: "one of the steps of economic reforms in Iraq is to restore the exchange rate of the Iraqi dinar against the US dollar from 1450 dinars to 1180 dinars for 1 dollar." ...There is no evidence that going back to 1180 is part of any plan let alone from someone who is not in charge yet nor may ever be. The CBI has stated there is a need in the future for coins. They have already in 2018 have had new currency issuance noted in their financials. The rate of 1180 will never work to have a need for coins.. lol EVER...
10-7-2022 Intel Guru Frank26 The governor of the Central Bank of Iraq took out over 20 years ago the coins due to a rate change that would make these coins worthless. Now the CBI brings back/reintroduces coins/fils...? Why? Because a rate change is occurring. The 1, 5,10, 20, 50, 100 - we told you about these...So did the CBI... The monetary reform education marches on...with coin education to the citizens of Iraq...it is important that the citizens of Iraq be educated on the power of 'less than a dinar'...
10-7-2022 Intel Guru MarkZ [via PDK] [Multiple reports from diverse sources say that IQD is trading at THE NEW RATE overseas and on forex. What is that rate and why has it not made it here yet?] In Kuwait it took 10 days before the RV traded here in the US at a changed value...Buckle up…we are watching it play out….this is a time to find our extra patience…
10-7-2022 Newshound/Intel Guru Mnt Goat The UN said they would give Iraq until Oct 4th to form their government and if not they would step in. So now they have stepped in and gave what I call the first of stern warnings to Iraq. The next warning will not be so gentle. Could Iraq go back into Trusteeship? They are now totally out of Chapter 7, as we know, and so this would be a step backwards for them and out [our?] investment too.
10-7-2022 Newshound Guru Sandy Ingram Urgent and disturbing news coming out of the U.N. briefing session on Iraq...U.N. representative Jeanine Plasschaert warned on Tuesday that government spending in Iraq will stop in 2023 if a budget for the country is not approved...Plasschaert went on to say all anti-corruption efforts have failed. This is serious. If Iraq cannot for a government by the year's end we are not sure what will happen. I personally have hope Iraq will pull through and work it all out...
10-7-2022 Newshound Guru Pimpy There's always a possibility that they change the rate contrary to what needs to be done before a rate change should happen...
10-7-2022 Intel Guru MarkZ [via PDK] There is still open conversations on the street of Iraq about the new rate…and how close it is…this is what we should focus on because they will continue to put out conflicting stories just to keep us confused... This is on purpose. Actually it’s not us they want to confuse but the big whales on forex trading they want to keep confused. ...Everyone is waiting at the edge of their seats…waiting for that shoe to drop and somebody to flip the switch…what that timing is…I do not know. [post 2 of 2]
10-7-2022 Intel Guru MarkZ [via PDK] I’m hoping it is the “Golden Goose Weekend”. A lot of conjecture about this 3 day weekend. Everyone is where they need to be right now and they are being leaned on to...stay quiet. Iraq is absolutely predictable right now…you have one article comes out saying it will happen today and then another article comes out saying it won’t happen for 3 years…. It is totally expected what we are seeing out of Iraq right now. [post 1 of 2....stay tuned]
10-7-2022 Newshound Guru MilitiaMan Article: "A deputy calls on the Sudanese to implement his economic reform program" Quote: "one of the steps of economic reforms in Iraq is to restore the exchange rate of the Iraqi dinar against the US dollar from 1450 dinars to 1180 dinars for 1 dollar." ...There is no evidence that going back to 1180 is part of any plan let alone from someone who is not in charge yet nor may ever be. The CBI has stated there is a need in the future for coins. They have already in 2018 have had new currency issuance noted in their financials. The rate of 1180 will never work to have a need for coins.. lol EVER...
10-7-2022 Intel Guru Frank26 The governor of the Central Bank of Iraq took out over 20 years ago the coins due to a rate change that would make these coins worthless. Now the CBI brings back/reintroduces coins/fils...? Why? Because a rate change is occurring. The 1, 5,10, 20, 50, 100 - we told you about these...So did the CBI... The monetary reform education marches on...with coin education to the citizens of Iraq...it is important that the citizens of Iraq be educated on the power of 'less than a dinar'...
10-7-2022 Intel Guru MarkZ [via PDK] [Multiple reports from diverse sources say that IQD is trading at THE NEW RATE overseas and on forex. What is that rate and why has it not made it here yet?] In Kuwait it took 10 days before the RV traded here in the US at a changed value...Buckle up…we are watching it play out….this is a time to find our extra patience…
10-7-2022 Newshound/Intel Guru Mnt Goat The UN said they would give Iraq until Oct 4th to form their government and if not they would step in. So now they have stepped in and gave what I call the first of stern warnings to Iraq. The next warning will not be so gentle. Could Iraq go back into Trusteeship? They are now totally out of Chapter 7, as we know, and so this would be a step backwards for them and out [our?] investment too.
10-6-2022 Intel Guru MarkZ [via PDK] It’s been quiet on the RV front but, we have some news coming out of Iraq as they discuss denominations and new bills as they have floated the thought of printing a new 20K note. We saw exactly this happening in Kuwait and other revaluations…. They want to throw off timing…so don’t panic when you see those stories. This is totally expected …instead focus on Iraq stockpiling gold and getting most of their own currency off the streets. We are still hearing positive things out of redemption areas...They still think it could go minute to minute.
10-6-2022 Intel Guru Frank26 Article: "Economist: It is necessary to convert small denominations of currency into coins" THE LOWER 3 ZERO NOTES WILL BECOME COINS... NOTICE I ONLY TOLD YOU ABOUT THE 1, 5, 10, 20, 100 ETC. AND THIS IS THE FIRST TIME THE MR EDUCATION EXPLAINS TO THE CITIZENS ABOUT THE FILS AND THE LOW 3 ZERO NOTES
10-6-2022 Newshound Guru Clare Community comment: "...When the satellite bank opens up the Iraqi citizens in the United States would not be getting the new small note but would be able to exchange with the new rate (from the second set of books) and that no one knew what the new rate is" NO YOU ARE MISTAKEN...WHEN THE CBI OFFICIALLY CHANGES THE RATE ALL BANKS WILL HAVE IT (THAT DEAL WITH THE DINAR) IMO.
10-6-2022 Intel Guru MarkZ [via PDK] [What rate are you still hearing the Dinar will RV at? $4 still?] I am hearing from almost all of my banking sources telling me repeatedly that the values/rates I had anticipated are very low compared to what they actually are. This is a great thing for us. I am excited about that but will continue to think on the lower side and be surprised if the rates are higher.
10-6-2022 Newshound Guru Sandy Ingram The OPEC+ group has agreed to reduce its daily oil production by an average of 2 million barrels per day. When you limit the supply the price automatically stays the same or they go up...at the same time this limits the monthly income Iraq can experience thus affecting Iraq's financial status...the OPEC group decided to start applying this reduction in November of 2022...
10-6-2022 Newshound Guru Pimpy Article: "Iraq is the largest buyer of gold for the second quarter of this year" Congratulations to Iraq.
10-6-2022 Intel Guru MarkZ [via PDK] I was told from some amazing sources that Iraq’s goal was to have this all done in July…but there was major hiccups and the rest of the world that have signed on to the Gold Treaty are very frustrated with them. Maybe this rumor was spread on purpose that the world was going to go without Iraq to get Iraq to get their s*** together and motivate them to get it done? Iraq could be saying ”Oh crap-we will be left behind…the rest of the world will have prosperity without us…our people will be really ticked at us…we better get it going?” I wonder if the world is firing a warning shot at Iraq…that makes sense to me. A carrot and a stick. Either way to me is so exciting.
10-6-2022 Newshound Guru Kaperoni Guru Mtn Goat is talking about the published statement on deleting zeros that it needs parliament approval... Parliament approval is an indication of the LOP neutral event. Parliament approval is not necessary for...raising and lowering the exchange rate. Changing the face value of currency notes from their printed value are things that require parliamentary approval. This is not what we want to ever see happen. If Iraq moves forward in gets parliament to approve to change the value of the currency from their printed value this is a neutral event and there is no gain on the value of the currency.
10-6-2022 Newshound Guru Militiaman They clearly are telling us there is an imminent launch of a new currency denomination(s)...to match more closely to the neighboring countries...Iran, Turkey, Saudi Arabia, Syria, Jordan and Kuwait.. None of which now or will have 20,000 notes...they use the wording of they; will be issuing a new denomination with the value of 20,000 dinars. Well if they delete the three zeros off the exchange rate we get a 20 Dinar note with the value of 20,000 dinars to be in line with denominations in the region.
10-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on the news saying they will support and back all banks in Iraq. And if any bank has issues the CBI will assist quickly and help out. They talked about the reserve levels and they are at the highest in the history of our nation. They are educating us more than ever before...they also talked about how strong and stable the CBI is...
10-6-2022 Intel Guru Frank26 Article: "Economist: It is necessary to convert small denominations of currency into coins" THE LOWER 3 ZERO NOTES WILL BECOME COINS... NOTICE I ONLY TOLD YOU ABOUT THE 1, 5, 10, 20, 100 ETC. AND THIS IS THE FIRST TIME THE MR EDUCATION EXPLAINS TO THE CITIZENS ABOUT THE FILS AND THE LOW 3 ZERO NOTES
10-6-2022 Newshound Guru Clare Community comment: "...When the satellite bank opens up the Iraqi citizens in the United States would not be getting the new small note but would be able to exchange with the new rate (from the second set of books) and that no one knew what the new rate is" NO YOU ARE MISTAKEN...WHEN THE CBI OFFICIALLY CHANGES THE RATE ALL BANKS WILL HAVE IT (THAT DEAL WITH THE DINAR) IMO.
10-6-2022 Intel Guru MarkZ [via PDK] [What rate are you still hearing the Dinar will RV at? $4 still?] I am hearing from almost all of my banking sources telling me repeatedly that the values/rates I had anticipated are very low compared to what they actually are. This is a great thing for us. I am excited about that but will continue to think on the lower side and be surprised if the rates are higher.
10-6-2022 Newshound Guru Sandy Ingram The OPEC+ group has agreed to reduce its daily oil production by an average of 2 million barrels per day. When you limit the supply the price automatically stays the same or they go up...at the same time this limits the monthly income Iraq can experience thus affecting Iraq's financial status...the OPEC group decided to start applying this reduction in November of 2022...
10-6-2022 Newshound Guru Pimpy Article: "Iraq is the largest buyer of gold for the second quarter of this year" Congratulations to Iraq.
10-6-2022 Intel Guru MarkZ [via PDK] I was told from some amazing sources that Iraq’s goal was to have this all done in July…but there was major hiccups and the rest of the world that have signed on to the Gold Treaty are very frustrated with them. Maybe this rumor was spread on purpose that the world was going to go without Iraq to get Iraq to get their s*** together and motivate them to get it done? Iraq could be saying ”Oh crap-we will be left behind…the rest of the world will have prosperity without us…our people will be really ticked at us…we better get it going?” I wonder if the world is firing a warning shot at Iraq…that makes sense to me. A carrot and a stick. Either way to me is so exciting.
10-6-2022 Newshound Guru Kaperoni Guru Mtn Goat is talking about the published statement on deleting zeros that it needs parliament approval... Parliament approval is an indication of the LOP neutral event. Parliament approval is not necessary for...raising and lowering the exchange rate. Changing the face value of currency notes from their printed value are things that require parliamentary approval. This is not what we want to ever see happen. If Iraq moves forward in gets parliament to approve to change the value of the currency from their printed value this is a neutral event and there is no gain on the value of the currency.
10-6-2022 Newshound Guru Militiaman They clearly are telling us there is an imminent launch of a new currency denomination(s)...to match more closely to the neighboring countries...Iran, Turkey, Saudi Arabia, Syria, Jordan and Kuwait.. None of which now or will have 20,000 notes...they use the wording of they; will be issuing a new denomination with the value of 20,000 dinars. Well if they delete the three zeros off the exchange rate we get a 20 Dinar note with the value of 20,000 dinars to be in line with denominations in the region.
10-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on the news saying they will support and back all banks in Iraq. And if any bank has issues the CBI will assist quickly and help out. They talked about the reserve levels and they are at the highest in the history of our nation. They are educating us more than ever before...they also talked about how strong and stable the CBI is...
10-5-2022 Intel Guru MarkZ [via PDK] This is the opposite of what we were told in the past…but, it is a rumor worth mentioning. And this is a big rumor right now in redemption areas that the other currencies would go now and Iraq would follow in a few short weeks. And they would freeze all currency purchases to keep us all from double dipping...if true it is exciting…. [So the dong may go before the dinar?] That is the rumor out there today... [post 2 of 2]
10-5-2022 Intel Guru MarkZ [via PDK] There is a lot of information coming in from redemption areas like Reno, Miami, Zurich…They are still extremely hopeful for today and the next few coming days. They were told folks are working around the clock and scrambling to get it out…. I have been getting emails, calls and texts today about how close they believe we are... I was told there is a good chance (...a big chance) right now, because Iraq continues to have issues getting across the finish line…that they may go ahead and release all BUT IRAQ... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru Sandy Ingram There is a global concern that there will be less demand for crude oil in the near future due to the economy stagnating...OPEC will meet on the 5th of this month which is in a couple of days. It is expected OPEC will cut production of crude oil...Be aware of a bumpy road for Iraq who depends heavily on oil revenue...this means as investors we too are in for a bumpy ride when it comes to currency revaluation...
10-5-2022 Newshound Guru Pimpy Article "Central Bank reserves exceed the ceiling of 87 billion dollars" When it comes to talking about changing the Iraqi exchange rate this of course contributes to it in a big way. This is awesome for Iraq . That's a huge part of the exchange rate change. The more reserves you have the more you're able to protect the value of your currency...
10-5-2022 Newshound Guru Samson Article: "The appearance of Muhammad Salih : Issuing a new denomination of currency .. Improving the efficiency of the monetary system" Quote "...the Governor of the Central Bank, Ghaleb Mukhaif, said in a press statement: We are currently working on completing the design of a new currency of 20 thousand dinars, after a series of practical studies to unify the Iraqi currency, and it will be announced after completing its printing in the future."
10-5-2022 Intel Guru Bruce [via WiserNow] ...the Iraqi dinar...rate was out. And it was out for Iraqi Americans in this country in four states and to exchange their dinar here...in four states redemption centers that were opened specifically to exchange them yesterday...that was in Michigan, and Indiana -Texas and Florida...and that was through Wells Fargo...In addition to that there were 19 countries with HSBC banks, exchanging Iraqi dual citizens in those countries... And we know roughly what rate they exchanged that I'm not at liberty to discuss that...but I believe that we're next...I'm not calling it - but I'm very close to it right now.
10-5-2022 Intel Guru MarkZ [via PDK] Iraq is very quiet but they did auction off $263 million dollars of foreign currency yesterday that is not theirs….in other words they are using foreign currency to buy and get more dinar off the streets. I think this is a very positive sign for us right now…They are clearly expecting something or they would not be spending millions to limit the amount of their own currency on the streets. Imo
10-5-2022 Newshound/Intel Guru Mnt Goat ...so the politicians in charge as a result of this election saga will have to be willing to take this risk and go ahead with it. ...this will prevent much of the ongoing corruption and theft of the CBI reserves from the Central Bank. In other words they will lose their golden goose that lays the golden eggs, in other words we cannot have newly elected politicians who are in on this same old game of theft... But the good news...is we are here now and all this corruption and those doing it are being exposed and challenged and so this is the time of change and it is coming...[post 2 of 2]
10-5-2022 Newshound/Intel Guru Mnt Goat I know for a FACT that the project to delete the zeros is “on the table” meaning that the Central Bank has it on their plate to finally complete this project and issue the lower of the lower denominations besides the 250, 500 and 1000 notes already in circulation. But they need legislation to do it thus they need a new functional government in place and a Financial Ministry and Financial Committee that supports doing the project and allocating funding to do it...There are also risks involved in undertaking any such project... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru MilitiaMan Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Reverting back to 1190 is not reverting back to an era that was internationally acceptable nor Article VIII compliant with the IMF. Having small category denominations doesn't work with program rates. The CBI didn't print new currency issuances in 2018 to throw them in the trash.. They intend to use them...
10-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said there's no way Kazemi is doing these deals internationally with countries on trade and banking without a previous discussion about Iraq's rate. No way this can come about at a program rate. Something behind the scenes has been going on for a long time...we see foreign reserves at all time high...That will make it [the dinar] even stronger to revalue because we have the high reserve rate of the dollar... FRANK: It all points to something major...
10-5-2022 Newshound/Intel Guru Breitling The timing [of a rate change] has to do with markets. Right now Iraq is making a ton of money selling oil...
10-5-2022 Intel Guru MarkZ [via PDK] There is a lot of information coming in from redemption areas like Reno, Miami, Zurich…They are still extremely hopeful for today and the next few coming days. They were told folks are working around the clock and scrambling to get it out…. I have been getting emails, calls and texts today about how close they believe we are... I was told there is a good chance (...a big chance) right now, because Iraq continues to have issues getting across the finish line…that they may go ahead and release all BUT IRAQ... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru Sandy Ingram There is a global concern that there will be less demand for crude oil in the near future due to the economy stagnating...OPEC will meet on the 5th of this month which is in a couple of days. It is expected OPEC will cut production of crude oil...Be aware of a bumpy road for Iraq who depends heavily on oil revenue...this means as investors we too are in for a bumpy ride when it comes to currency revaluation...
10-5-2022 Newshound Guru Pimpy Article "Central Bank reserves exceed the ceiling of 87 billion dollars" When it comes to talking about changing the Iraqi exchange rate this of course contributes to it in a big way. This is awesome for Iraq . That's a huge part of the exchange rate change. The more reserves you have the more you're able to protect the value of your currency...
10-5-2022 Newshound Guru Samson Article: "The appearance of Muhammad Salih : Issuing a new denomination of currency .. Improving the efficiency of the monetary system" Quote "...the Governor of the Central Bank, Ghaleb Mukhaif, said in a press statement: We are currently working on completing the design of a new currency of 20 thousand dinars, after a series of practical studies to unify the Iraqi currency, and it will be announced after completing its printing in the future."
10-5-2022 Intel Guru Bruce [via WiserNow] ...the Iraqi dinar...rate was out. And it was out for Iraqi Americans in this country in four states and to exchange their dinar here...in four states redemption centers that were opened specifically to exchange them yesterday...that was in Michigan, and Indiana -Texas and Florida...and that was through Wells Fargo...In addition to that there were 19 countries with HSBC banks, exchanging Iraqi dual citizens in those countries... And we know roughly what rate they exchanged that I'm not at liberty to discuss that...but I believe that we're next...I'm not calling it - but I'm very close to it right now.
10-5-2022 Intel Guru MarkZ [via PDK] Iraq is very quiet but they did auction off $263 million dollars of foreign currency yesterday that is not theirs….in other words they are using foreign currency to buy and get more dinar off the streets. I think this is a very positive sign for us right now…They are clearly expecting something or they would not be spending millions to limit the amount of their own currency on the streets. Imo
10-5-2022 Newshound/Intel Guru Mnt Goat ...so the politicians in charge as a result of this election saga will have to be willing to take this risk and go ahead with it. ...this will prevent much of the ongoing corruption and theft of the CBI reserves from the Central Bank. In other words they will lose their golden goose that lays the golden eggs, in other words we cannot have newly elected politicians who are in on this same old game of theft... But the good news...is we are here now and all this corruption and those doing it are being exposed and challenged and so this is the time of change and it is coming...[post 2 of 2]
10-5-2022 Newshound/Intel Guru Mnt Goat I know for a FACT that the project to delete the zeros is “on the table” meaning that the Central Bank has it on their plate to finally complete this project and issue the lower of the lower denominations besides the 250, 500 and 1000 notes already in circulation. But they need legislation to do it thus they need a new functional government in place and a Financial Ministry and Financial Committee that supports doing the project and allocating funding to do it...There are also risks involved in undertaking any such project... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru MilitiaMan Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Reverting back to 1190 is not reverting back to an era that was internationally acceptable nor Article VIII compliant with the IMF. Having small category denominations doesn't work with program rates. The CBI didn't print new currency issuances in 2018 to throw them in the trash.. They intend to use them...
10-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said there's no way Kazemi is doing these deals internationally with countries on trade and banking without a previous discussion about Iraq's rate. No way this can come about at a program rate. Something behind the scenes has been going on for a long time...we see foreign reserves at all time high...That will make it [the dinar] even stronger to revalue because we have the high reserve rate of the dollar... FRANK: It all points to something major...
10-5-2022 Newshound/Intel Guru Breitling The timing [of a rate change] has to do with markets. Right now Iraq is making a ton of money selling oil...
10-4-2022 Newshound Guru Kaperoni As the IMF stated, from the Article IV Consultation of 2013 with Iraq... they encourage Iraq to create the conditions which would make it possible...to move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate.
10-4-2022 Intel Guru MarkZ [via PDK] ...I was leaned on to not release details for the next few days. Everybody I know has been leaned on to be quiet. But they didn’t show up with money and a NDA….so I am only going to be “so quiet.” If they show up with money I can spend and I will be real quiet..lol…Mark who??
10-4-2022 Newshound/Intel Guru Mnt Goat Article quote: “The process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications, noting that the central bank presented earlier a project on the process of deleting zeros." ...I keep talking about this project because I know it is the first step towards to the activation of the reinstatement that follows it...It is like the key to unlock the RV….
10-4-2022 Newshound Guru Sandy Ingram ...When we move over to the Central Bank of Iraq we find no new announcements, which is normal. The governor of the CBI is doing a lot of what the prime minister of Iraq is doing and he is meeting with neighboring countries to build bridges and economic ties...
10-4-2022 Newshound/Intel Guru RVAlready I think it is clear that, with the failure of the Iraqi political system, the UN will have to force them into a set of agreements. The UN has experience with these sorts of situations. They now have to decide what tools from their arsenal to bring to bear.
10-4-2022 Newshound Guru Pimpy The rumor is they're going to raise the exchange rate of the Iraqi dinar to help settle the problems over there. No they're not. There is no such report whatsoever. That's false. But if they get back on track, they're doing all things necessary for them to make the right moves when it comes to the Iraqi dinar when the time comes...
10-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy says there's too much turmoil right now. It's too unstable he thinks for a major change. Until something is settled about government... FRANK: ...We need a fully seated government. I agree with that 100%. That is where we are at...IMO a fully seated government is right around the corner. It's very very close...
10-4-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front this morning but lots of anticipation...we know we are close even though we don’t know the exact timing. It should have happened at least 3-4 times over the last 20 years…It should have happened for sure in 2019…I think we will have it this month…i thought we should have had it late last month. I totally believe it will be this year. Of course I will have more egg on my face if I am wrong…i don’t think I am wrong.
10-4-2022 Newshound Guru Militiaman When they reduced the IQD to 1460 from 1190, it hurt the poor...The next stage for the Central Bank is to serve its purpose...that benefits the poor with purchase power...it is to adjust the value of the IQD to an internationally acceptable and tradable currency outside it's borders and on international platforms with an IMF Article VIII compliant currency. That is what has become a popular demand we are reading about.
10-4-2022 Newshound Guru Samson Article: "Iran announces the release of $7 billion of its frozen assets" Quote: "negotiations mediated by one of the countries in the region for the simultaneous release of prisoners between Iran and the United States and billions of dollars of frozen Iranian assets as part of the prisoner liberation deal."
10-4-2022 Intel Guru MarkZ [via PDK] ...I was leaned on to not release details for the next few days. Everybody I know has been leaned on to be quiet. But they didn’t show up with money and a NDA….so I am only going to be “so quiet.” If they show up with money I can spend and I will be real quiet..lol…Mark who??
10-4-2022 Newshound/Intel Guru Mnt Goat Article quote: “The process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications, noting that the central bank presented earlier a project on the process of deleting zeros." ...I keep talking about this project because I know it is the first step towards to the activation of the reinstatement that follows it...It is like the key to unlock the RV….
10-4-2022 Newshound Guru Sandy Ingram ...When we move over to the Central Bank of Iraq we find no new announcements, which is normal. The governor of the CBI is doing a lot of what the prime minister of Iraq is doing and he is meeting with neighboring countries to build bridges and economic ties...
10-4-2022 Newshound/Intel Guru RVAlready I think it is clear that, with the failure of the Iraqi political system, the UN will have to force them into a set of agreements. The UN has experience with these sorts of situations. They now have to decide what tools from their arsenal to bring to bear.
10-4-2022 Newshound Guru Pimpy The rumor is they're going to raise the exchange rate of the Iraqi dinar to help settle the problems over there. No they're not. There is no such report whatsoever. That's false. But if they get back on track, they're doing all things necessary for them to make the right moves when it comes to the Iraqi dinar when the time comes...
10-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy says there's too much turmoil right now. It's too unstable he thinks for a major change. Until something is settled about government... FRANK: ...We need a fully seated government. I agree with that 100%. That is where we are at...IMO a fully seated government is right around the corner. It's very very close...
10-4-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front this morning but lots of anticipation...we know we are close even though we don’t know the exact timing. It should have happened at least 3-4 times over the last 20 years…It should have happened for sure in 2019…I think we will have it this month…i thought we should have had it late last month. I totally believe it will be this year. Of course I will have more egg on my face if I am wrong…i don’t think I am wrong.
10-4-2022 Newshound Guru Militiaman When they reduced the IQD to 1460 from 1190, it hurt the poor...The next stage for the Central Bank is to serve its purpose...that benefits the poor with purchase power...it is to adjust the value of the IQD to an internationally acceptable and tradable currency outside it's borders and on international platforms with an IMF Article VIII compliant currency. That is what has become a popular demand we are reading about.
10-4-2022 Newshound Guru Samson Article: "Iran announces the release of $7 billion of its frozen assets" Quote: "negotiations mediated by one of the countries in the region for the simultaneous release of prisoners between Iran and the United States and billions of dollars of frozen Iranian assets as part of the prisoner liberation deal."
10-3-2022 *** Dinar Guru Community Update *** UPDATE - Guru Walkingstick made it out of exploratory investigative surgery. The surgeons learned what they needed to do for the "main" surgery coming up. He's ok! - Guru Walkingstick has been struggling with major health issues. His doctors felt the need to move up a scheduled surgery to today. It's high risk but necessary. Very scary but he's a brave soul. Please as you move throughout the morning keep him and his family in your thoughts and prayers... The latest guru posts will continue below...
10-3-2022 Intel Guru Fleming Last night Nick [Fleming] was asked to sign a NDA...This was in keeping with the protocol long ago...it is the first step necessary for the RV launch...the precursor to the RV/GCR...get happy friends...the party is just getting started...
10-3-2022 Guest Guru BobTheTaxMan Question: "Is Warka back on board? Can we connect with them? The bank itself has one main branch which is still open in Baghdad...structure wise they still are there, they're just not functioning at the moment. When they get through going through what they're going to go through then I suspect we'll hear something then. Right now there's no communicating with them via email like we used to be able to? No. I tried contacting CBI and a few other routes to see if I could get access to them and I can't get anybody...
10-3-2022 Intel Guru MarkZ [via PDK] ...today is a holiday in Iraq “National Iraq Day” or something like that…it would be the perfect time for them to move forward. I am told they are competing in Iraq as to who gets to take credit for the revaluation of their currency. It is exciting to watch what is going on right now.
10-3-2022 Intel Guru Frank26 They've already announced they're going to be giving them a new currency and new exchange rate. There's security and stability in their country like there's never been before and Iran is so scared they won't even pick up a rock to throw it anymore. Obviously sir you do not know what you're talking about... [Post 2 of 2]
10-3-2022 Intel Guru Frank26 Community Comment "Iraq is doing the same-old-same-old." No. I beg to differ with you in a polite manner...they have announced to the Iraqi citizens that they are going to float their currency at 1 to 1 pegged to the American dollar so they can go out international ...they've basically announced that they're Article VIII... [Post 1 of 2....stay tuned]
10-3-2022 Intel Guru MarkZ [via PDK] “Iraq is the largest buyer of gold for the second quarter of this year” They are stockpiling... They know whats coming. They need to be able to support their currency whether the oil markets are up or down. They are clearly positioning themselves for an “asset backed world”. Iraq is positioning themselves to be a juggernaut in the region for many decades.
10-3-2022 Newshound Guru Sandy Ingram Warning...When I traveled back to the mainland - Costa Rica gave me chills when it comes to finances. At the international airport in San Jose Costa Rica they consistently announced if you were traveling with over $10,000 U.S. dollars or the equivalent you must report the monies. If you do not report the funds and customs find the funds the entire amount will be confiscated with no possibility of the money being returned. The Costa Rican government repeated the gist of this message over and over...If you must travel with cash, or IQD, travel with $9,000 USD or IQD equal to $9,000...
10-3-2022 Newshound Guru Militiaman At present there is no positive step to the issuance of a 20k note. In what world would that make any sense at all at present? Unless, the 20,000 note value is not from a 20k note but from a 20 denomination note with an international acceptable exchange rate attached to it..?
10-3-2022 Newshound Guru Samson Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Quote: "The deputy of the coordination framework, Ali Al-Bandawi, revealed, on Monday, the existence of a study on the possibility of returning the dollar exchange rate to its previous era, stressing that returning the exchange rate to what it was before has become a popular demand."
10-3-2022 Intel Guru MarkZ [via PDK] ...at the end they say they aren’t going to rv for months…well we saw this in Kuwait and China and in every modern day revaluation of currency over the last 50 years…where they lay it all out there and tell us its coming… then they say there are no plans to do it soon… (They wont tell us the timing…they want to cloud it) ...then they have covered their bases…
10-3-2022 Guest Guru BobTheTaxMan Question: "Is Warka back on board? Can we connect with them? The bank itself has one main branch which is still open in Baghdad...structure wise they still are there, they're just not functioning at the moment. When they get through going through what they're going to go through then I suspect we'll hear something then. Right now there's no communicating with them via email like we used to be able to? No. I tried contacting CBI and a few other routes to see if I could get access to them and I can't get anybody...
10-3-2022 Intel Guru MarkZ [via PDK] ...today is a holiday in Iraq “National Iraq Day” or something like that…it would be the perfect time for them to move forward. I am told they are competing in Iraq as to who gets to take credit for the revaluation of their currency. It is exciting to watch what is going on right now.
10-3-2022 Intel Guru Frank26 They've already announced they're going to be giving them a new currency and new exchange rate. There's security and stability in their country like there's never been before and Iran is so scared they won't even pick up a rock to throw it anymore. Obviously sir you do not know what you're talking about... [Post 2 of 2]
10-3-2022 Intel Guru Frank26 Community Comment "Iraq is doing the same-old-same-old." No. I beg to differ with you in a polite manner...they have announced to the Iraqi citizens that they are going to float their currency at 1 to 1 pegged to the American dollar so they can go out international ...they've basically announced that they're Article VIII... [Post 1 of 2....stay tuned]
10-3-2022 Intel Guru MarkZ [via PDK] “Iraq is the largest buyer of gold for the second quarter of this year” They are stockpiling... They know whats coming. They need to be able to support their currency whether the oil markets are up or down. They are clearly positioning themselves for an “asset backed world”. Iraq is positioning themselves to be a juggernaut in the region for many decades.
10-3-2022 Newshound Guru Sandy Ingram Warning...When I traveled back to the mainland - Costa Rica gave me chills when it comes to finances. At the international airport in San Jose Costa Rica they consistently announced if you were traveling with over $10,000 U.S. dollars or the equivalent you must report the monies. If you do not report the funds and customs find the funds the entire amount will be confiscated with no possibility of the money being returned. The Costa Rican government repeated the gist of this message over and over...If you must travel with cash, or IQD, travel with $9,000 USD or IQD equal to $9,000...
10-3-2022 Newshound Guru Militiaman At present there is no positive step to the issuance of a 20k note. In what world would that make any sense at all at present? Unless, the 20,000 note value is not from a 20k note but from a 20 denomination note with an international acceptable exchange rate attached to it..?
10-3-2022 Newshound Guru Samson Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Quote: "The deputy of the coordination framework, Ali Al-Bandawi, revealed, on Monday, the existence of a study on the possibility of returning the dollar exchange rate to its previous era, stressing that returning the exchange rate to what it was before has become a popular demand."
10-3-2022 Intel Guru MarkZ [via PDK] ...at the end they say they aren’t going to rv for months…well we saw this in Kuwait and China and in every modern day revaluation of currency over the last 50 years…where they lay it all out there and tell us its coming… then they say there are no plans to do it soon… (They wont tell us the timing…they want to cloud it) ...then they have covered their bases…
10-2-2022 Intel Guru Frank26 Article: "America and Britain: The "green events" cannot be allowed to happen again, and Iraq needs to form a government" NOTICE THE CONCERN OF IRAQ INVESTORS... THEY CONSTANTLY REPEAT 'SIT YOUR GOVERNMENT PLEASE!' WHY?... BECAUSE THEY KNOW ALL THAT IS NEEDED FOR THE REFORM IS AN OFFICIAL GOV BY KAZEMI.
10-2-2022 Newshound Guru Walkingstick [via Frank26] Iraq is no longer a weak country, with a weak government, with a weak currency. The IMF, AMF, World Bank are counting on the IQD as they count their new small category notes in their banks whether they be physical or electronical...
10-2-2022 Newshound Guru Breitling Question: "Don't shoot the messenger! This concept is out there often - 'Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil and until they pass laws, diversify their economy, the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.' What is wrong about that statement?" It's completely backwards because what they need to do if they want to diversify is to add value to the currency...they can't diversify without a currency...
10-2-2022 Newshound Guru Pimpy Question: "We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done sooner than later?" Of course it could. You gotta understand who determines the rate change is going to be between the Central Bank of Iraq...and it will be discussed with the Prime Minister and the president of Iraq as to why they feel a higher exchange rate is necessary. If they agree, they go ahead and make the change...
10-2-2022 Newshound Guru Kaperoni Iraq is in no position to change the exchange rate at this time...Iraq needs to diversify away from oil, create a private sector market economy where they manufacture, have agriculture, etc. To support their own economy. Until they pass laws, have a stable government, foreign investment to diversify nothing is going to happen.
10-2-2022 Newshound Guru Samson Article: "American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport" Quote: "the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every 100 million of its population...Japan, with a population of 125 million, issued only 1,000
diplomatic passports...Iraq...forty million people, has issued...15,000 passports...many problems contributed to the spread of Iraqi diplomatic passports, most notably the bubble of political elites in Iraq, wasta and corruption..."
10-2-2022 Newshound Guru MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they?
10-2-2022 Intel Guru Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...
10-2-2022 Newshound Guru Clare Article: "After reaching international forums, the Iraqi company TNFX obtains a global license" Quote: "The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies" COPIED FROM TNFK WEBSITE: TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal.
10-2-2022 Intel Guru MarkZ [via PDK] [ I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
10-2-2022 Newshound Guru Walkingstick [via Frank26] Iraq is no longer a weak country, with a weak government, with a weak currency. The IMF, AMF, World Bank are counting on the IQD as they count their new small category notes in their banks whether they be physical or electronical...
10-2-2022 Newshound Guru Breitling Question: "Don't shoot the messenger! This concept is out there often - 'Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil and until they pass laws, diversify their economy, the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.' What is wrong about that statement?" It's completely backwards because what they need to do if they want to diversify is to add value to the currency...they can't diversify without a currency...
10-2-2022 Newshound Guru Pimpy Question: "We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done sooner than later?" Of course it could. You gotta understand who determines the rate change is going to be between the Central Bank of Iraq...and it will be discussed with the Prime Minister and the president of Iraq as to why they feel a higher exchange rate is necessary. If they agree, they go ahead and make the change...
10-2-2022 Newshound Guru Kaperoni Iraq is in no position to change the exchange rate at this time...Iraq needs to diversify away from oil, create a private sector market economy where they manufacture, have agriculture, etc. To support their own economy. Until they pass laws, have a stable government, foreign investment to diversify nothing is going to happen.
10-2-2022 Newshound Guru Samson Article: "American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport" Quote: "the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every 100 million of its population...Japan, with a population of 125 million, issued only 1,000
diplomatic passports...Iraq...forty million people, has issued...15,000 passports...many problems contributed to the spread of Iraqi diplomatic passports, most notably the bubble of political elites in Iraq, wasta and corruption..."
10-2-2022 Newshound Guru MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they?
10-2-2022 Intel Guru Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...
10-2-2022 Newshound Guru Clare Article: "After reaching international forums, the Iraqi company TNFX obtains a global license" Quote: "The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies" COPIED FROM TNFK WEBSITE: TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal.
10-2-2022 Intel Guru MarkZ [via PDK] [ I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
10-1-2022 Intel GuruFrank26 Do you think the world banks love a program rate? Where have hundreds and hundreds of banks from around the world been for all these years...? Well they have not been anywhere near Iraq because there's no profit. But now the leaders of the CBI are telling the world banks, 'guess what we're about to do?'
10-1-2022 Newshound Guru Samson Article "Iraq is the largest buyer of gold for the second quarter of this year" Quote "The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022. The council said in a tabular report seen by Shafak News Agency, that ' Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons...'"
10-1-2022 Newshound Guru Pimpy As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it. Currently with what's going on around the world you're not going to see any real changes happen anytime soon. We need things to calm down worldwide...just hang tight people. Things will change hopefully for the better...
10-1-2022 Newshound/Intel Guru BGG [reference Guru Kaperoni post 9-29-2022] Why would they do such a thing?!? They are the richest oil nation in the history of all history. I very much doubt Iraq changes to conform to anyone else’s reasoning.
10-1-2022 Newshound/Intel Guru Mnt Goat But as inflation rises with their devaluation of the dinar since 2020, these too come almost worthless in Iraq ...Gold is going to sky rocket since all countries are going to go back to the gold standard officially and not just under Basel as we are now seeing partial implementation behind the scenes. Iraq is already preparing for this. This is where our wealth transfer is going to come from. But I could be wrong ( I don’t think so) and so let’s see what happens. [post 2 of 2]
10-1-2022 Newshound/Intel Guru Mnt Goat ...what is the purpose of this proposed new 20,000 dinar note...I believe issuing this new note is NOT a smart monetary move for the CBI to spend all this time and money on this note when they could be conducting instead the project to delete the zeros, or even issuing the 100 dinar notes, which we were told years ago would be the next lower denomination to come out. They already have the 250, 500 and 1000 notes in circulation and widely used. [post 1 of 2....stay tuned]
10-1-2022 Intel Guru MarkZ [via PDK] This morning Charlie Ward gave me a call to verify some of the intel he was hearing as well…this was coming from QFS contacts. They are all looking for notifications on Monday or Tuesday …with great activity over the weekend. I am hearing the exact same thing. I am praying this is going to be accurate. There are a lot of things coming in the real world news that definitely points to a massive event very early in the week or over the weekend...Just remember if there telling us a date…it could come sooner.
10-1-2022 Newshound Guru MilitiaMan Article: "Ports announce the completion of their electronic procedures for exempted goods" The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill quickly, aside from the oil revenues!!!..imo No coincidences with respect to timing..
10-1-2022 Intel Guru Frank26 Article: "The Central Bank announces the achievement of the largest cash reserve in its history" AGAIN THE CBI TALKS ABOUT ITS CASH RESERVES, WHY?... BECAUSE IT IS PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS.
10-1-2022 Intel Guru MarkZ [via PDK] [What should the rate be for the dinar?] Many believe the rate will be about $4… I believe we will get a higher rate for the “oil for dinar “ program…which should be a couple dollars higher.
10-1-2022 Newshound Guru Samson Article "Iraq is the largest buyer of gold for the second quarter of this year" Quote "The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022. The council said in a tabular report seen by Shafak News Agency, that ' Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons...'"
10-1-2022 Newshound Guru Pimpy As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it. Currently with what's going on around the world you're not going to see any real changes happen anytime soon. We need things to calm down worldwide...just hang tight people. Things will change hopefully for the better...
10-1-2022 Newshound/Intel Guru BGG [reference Guru Kaperoni post 9-29-2022] Why would they do such a thing?!? They are the richest oil nation in the history of all history. I very much doubt Iraq changes to conform to anyone else’s reasoning.
10-1-2022 Newshound/Intel Guru Mnt Goat But as inflation rises with their devaluation of the dinar since 2020, these too come almost worthless in Iraq ...Gold is going to sky rocket since all countries are going to go back to the gold standard officially and not just under Basel as we are now seeing partial implementation behind the scenes. Iraq is already preparing for this. This is where our wealth transfer is going to come from. But I could be wrong ( I don’t think so) and so let’s see what happens. [post 2 of 2]
10-1-2022 Newshound/Intel Guru Mnt Goat ...what is the purpose of this proposed new 20,000 dinar note...I believe issuing this new note is NOT a smart monetary move for the CBI to spend all this time and money on this note when they could be conducting instead the project to delete the zeros, or even issuing the 100 dinar notes, which we were told years ago would be the next lower denomination to come out. They already have the 250, 500 and 1000 notes in circulation and widely used. [post 1 of 2....stay tuned]
10-1-2022 Intel Guru MarkZ [via PDK] This morning Charlie Ward gave me a call to verify some of the intel he was hearing as well…this was coming from QFS contacts. They are all looking for notifications on Monday or Tuesday …with great activity over the weekend. I am hearing the exact same thing. I am praying this is going to be accurate. There are a lot of things coming in the real world news that definitely points to a massive event very early in the week or over the weekend...Just remember if there telling us a date…it could come sooner.
10-1-2022 Newshound Guru MilitiaMan Article: "Ports announce the completion of their electronic procedures for exempted goods" The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill quickly, aside from the oil revenues!!!..imo No coincidences with respect to timing..
10-1-2022 Intel Guru Frank26 Article: "The Central Bank announces the achievement of the largest cash reserve in its history" AGAIN THE CBI TALKS ABOUT ITS CASH RESERVES, WHY?... BECAUSE IT IS PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS.
10-1-2022 Intel Guru MarkZ [via PDK] [What should the rate be for the dinar?] Many believe the rate will be about $4… I believe we will get a higher rate for the “oil for dinar “ program…which should be a couple dollars higher.
9-30-2022 Newshound Guru Pimpy Until this issue with the political parties is resolved...The president and the prime minister are selected and the government is formed you're not going to see any changes to the Iraqi dinar. And no this isn't fake news. This is news coming out of Iraq.
9-30-2022 Intel Guru Bruce [via WiserNow] We've got 2 major sources, one was military and one was treasury. Today, they were telling us almost the same thing...to look for our notations and start our exchanges in the next three days. Meaning Friday, Saturday or Sunday. Was it supposed to happen by the end of the month? ...yes. Are we supposed to start by tomorrow or the first of October which is Saturday? Yes.
9-30-2022 Intel Guru Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago...
9-30-2022 Intel Guru Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.
9-30-2022 Newshound Guru Samson Article: "The Central Bank announces the achievement of the largest cash reserve in its history" Quote: "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach...the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others."
9-30-2022 Intel Guru MarkZ [via PDK] [We are in much better shape than we know.] I agree with you...we are just waiting for that shoe to drop.
9-30-2022 Newshound Guru Militiaman Article: "Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money" There has already been allocations of large sums of money to print new currency issuance and it has been recorded and expensed by the CBI in 2018 era. At this juncture in time, there is no reason to print something that has no real effective utility, imo... They already have 100k and 50k notes for internal use for large transactions.
9-30-2022 Newshound Guru Kaperoni There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note.
9-30-2022 Newshound Guru NORV [aka Guru Kaperoni] The good news is they are not going to implement delete zeros..."there was a proposal to delete the zeros from the dinar, but it was not implemented." The dinar is getting stronger and the very reason they will NOT delete zeros. The dinar value will naturally rise as the economy grows.
9-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS" Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of the year and will probably reach over 100 billion even. Yet the CBI says they have no intention of completing the project to delete the zeros or raise the rate of the dinar against the dollar. Why? If this is not corruption I don’t know what is. We know for a FACT the economy of Iraq supported way over $3 dinar back in 1990. The situation of Iraq now is way much better with higher reserves and much more gold reserves. In fact they can almost back their currency totally with gold now.
9-30-2022 Intel Guru Bruce [via WiserNow] We've got 2 major sources, one was military and one was treasury. Today, they were telling us almost the same thing...to look for our notations and start our exchanges in the next three days. Meaning Friday, Saturday or Sunday. Was it supposed to happen by the end of the month? ...yes. Are we supposed to start by tomorrow or the first of October which is Saturday? Yes.
9-30-2022 Intel Guru Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago...
9-30-2022 Intel Guru Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.
9-30-2022 Newshound Guru Samson Article: "The Central Bank announces the achievement of the largest cash reserve in its history" Quote: "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach...the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others."
9-30-2022 Intel Guru MarkZ [via PDK] [We are in much better shape than we know.] I agree with you...we are just waiting for that shoe to drop.
9-30-2022 Newshound Guru Militiaman Article: "Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money" There has already been allocations of large sums of money to print new currency issuance and it has been recorded and expensed by the CBI in 2018 era. At this juncture in time, there is no reason to print something that has no real effective utility, imo... They already have 100k and 50k notes for internal use for large transactions.
9-30-2022 Newshound Guru Kaperoni There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note.
9-30-2022 Newshound Guru NORV [aka Guru Kaperoni] The good news is they are not going to implement delete zeros..."there was a proposal to delete the zeros from the dinar, but it was not implemented." The dinar is getting stronger and the very reason they will NOT delete zeros. The dinar value will naturally rise as the economy grows.
9-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS" Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of the year and will probably reach over 100 billion even. Yet the CBI says they have no intention of completing the project to delete the zeros or raise the rate of the dinar against the dollar. Why? If this is not corruption I don’t know what is. We know for a FACT the economy of Iraq supported way over $3 dinar back in 1990. The situation of Iraq now is way much better with higher reserves and much more gold reserves. In fact they can almost back their currency totally with gold now.
9-29-2022 Intel Guru MarkZ [via PDK] I spoke with Mr. C (Guru Michael Cottrell)...he is very upbeat…he is hearing a lot of very positive things – just like I am.
9-29-2022 Newshound Guru Samson Article: "Karbala Refinery.. Unprecedented Iraqi oil production reduces 70% of gasoline imports" Quote: "the Karbala refinery, which opened yesterday, will reduce Iraq's import of gasoline by 70%, while they indicated that the completion of the development of the country's refineries will lead to a surplus to be exported abroad."
9-29-2022 Newshound Guru Kaperoni Yes, Iraq will float the dinar but it won't float until they diversify away from oil and create a private sector market economy and begin to prosper.
9-29-2022 Newshound Guru Pimpy We're absolutely positively not going to see any exchange rate change happen in the near future. Somebody posted... that the news was fake and that's not really what's going on over there in Iraq...they're just lying to us. This isn't fake news. There's civil unrest over there in Iraq. You have Turkey bombing a region in Kurdistan. You have Iran bombing a region in Kurdistan. You have protesters rising up in both Iraq and Iran...
9-29-2022 Intel Guru MarkZ [via PDK] The removal of the large 3 zero bills from the market...Say that you have a 25,000 note. Example… say the rate is $1.00 (for illustration purposes) and one dinar equals one US dollar. Suddenly that $25K note is worth $25,000 thousand US dollars. Now it’s too big for day to day commerce...So they will give you a period of time when these bills are accepted…you turn them in and get the new lower denomination notes that will be usable in day to day commerce...it does not mean they chop off the zeros and that note is now only worth $25 dollars. That is not how it works… [post 2 of 2]
9-29-2022 Intel Guru MarkZ [via PDK] I know some of you are concerned when they talk about removing the zeros… when they talk about removing zeros they have to RV first. And that is very exciting. ...Then a large bill is not useful. Dr. Shabibi (former governor of the CBI)...is the person that designed the plan. The plan has not changed. There is a revaluation. [post 1 of 2....say tuned]
9-29-2022 Intel Guru Frank26 IMO there is no reason to do a rate change. They already did it on the second set of books...that the international world...the IMF...the World Bank...the U.S. Treasury knows about. Every central bank in the world probably know about by now. But there is a great need to change the currencies of the CBI just before they introduce a new rate for the IQD...and a new currency to match mathematically the new exchange rate of the IQD. [Post 2 of 2]
9-29-2022 Intel Guru Frank26 Question: "Did you see the governor of the CBI said there is no need to change the exchange rate against the dollar?" He's right. "What? I thought you said they were going to be changing the exchange rate based on everything you're seeing and everything that they're saying...?" The major problem comes in translation...the other problem is the media is lousy and as fake as it can get...it's very rare to get someone to tell you the truth. [Post 1 of 2....stay tuned]
9-29-2022 Newshound Guru MilitiaMan We are waiting on a calm atmosphere. Today's vote of confidence for Halbousi may have been just the calm we needed...The CBI too, can calm markets. That is a part of their job. To delete the three zeros from the exchange rate is directly related to the economy and market prices within the country. The result of deleting the zeros will calm the people and the markets, thus, the investors too...
9-29-2022 Newshound Guru Samson Article: "The Sovereignty Alliance congratulates the renewal of confidence in Muhammad Al-Halbousi as Speaker of Parliament" Quote: "The renewal of confidence in Mr. Al-Halbousi represents a true expression of the state of national consensus to move forward in building and developing Iraq, enhancing its stability, ensuring its security, and moving towards establishing the foundations of reconciliation, understanding and peaceful coexistence among its components."
9-29-2022 Newshound/Intel Guru Mnt Goat What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX. Kazemi is only in a “temporary” status as prime minister...If Kazemi is voted in as prime minister this time it would be a permanent 4-year assignment and Kazemi intends to “clean house” from this corruption. He used to be head of security for Iraq, so he knows of all the bad guys and what they have been doing to Iraq...
9-28-2022 Intel Guru Frank26 Article: "An economist explains how to control the currency sale auction" A CBI economist explains to the citizens what the CBI explained to the citizens already... 1-1 on par leading to a depeg, to a RV Float. The auctions are ours says Kazemi!
9-28-2022 Newshound Guru Samson Article "Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years" Quote "The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed...the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides"
9-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] When Iraqi citizens go to a satellite bank here in the United States they will have their three zero notes they will be exchanged for American dollars. They will have a windfall compared to the citizens that live inside of Iraq ...so they're not going to get any new small category notes? Not in the United States . They're going to get American dollars. At the new rate? Yes.
9-28-2022 Intel Guru Bruce [via WiserNow] Iraq seems to have their mess together... seems to be ready to go and have put out a rate and they're ready to start...It's happening in other countries as well...The other thing that is happening, the redemption centers are getting...a permanent 12 day schedule for our exchanges. That schedule I'm being told today is to start at 11 o'clock [today,Wednesday]...I'm also hearing from other sources...that we're looking to get something to start over the next three days - that would be Wednesday, Thursday or Friday.
9-28-2022 Intel Guru MarkZ [via PDK] Article: “Iraq’s political class must address “crisis of trust” the PM says” A key paragraph says “The change in the exchange rate that we conducted in Iraq was one of the most successful alterations and modifications of the national currency exchange rate models in the world. It happened without serious repercussions..." Guys they are telling us they have DONE this...I think they are keeping it from us and under wraps as it rolls through the banking system…curious timing...We could wake up to a whole new world tomorrow. We know we are very close no matter what.
9-28-2022 Guru Nader From The Mid East Nobody's happy about the news from yesterday by the CBI when they come out with this article that they have no intention to change the exchange rate. But I think they're going to change it...they have not choice...they're gonna take all the zeros out. The 20,000 become 20...
9-28-2022 Newshound Guru Kaperoni Central Bank of Iraq held a forum... They confirmed if they delete the zeros they require a law from Parliament to authorize. This is a clear indication that deleting the zeros is a neutral event LOP. Traditional monetary policies do not require Parliament authorization. They also announced the imminent launch of a 20,000 dinar note. This could be used to reduce the money supply or is just filling the need in the market since the dinar has been devalued.
9-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend feels the only next step is the training completion to the citizens followed by Iraq returning to the rate of the glory days...it just seems the education on deleting the three zeros is only thing needed to be done. FRANK: That is the first time your bank friend has fully opened up to you...the education to the citizens is crucial and that's what the CBI has been doing all year...he knows as soon as these political issues are over with and Kazemi sits his government, we have a new exchange rate...
9-28-2022 Newshound Guru Pimpy My other concern is that it's going to a digital version of the currency...what approach they take on deleting their zeros is going to be very interesting to see...What I think I'm gonna do is look into swapping my 25,000, 50,000 and 10,000 dinars and trying to pick up the 250 dinar...this way if they do the deletion of the zeros I can't imagine it affecting the lower denominations. I might be wrong but we will soon find out. [Post 2 of 2]
9-28-2022 Newshound Guru Pimpy Article: "The central bank reveals a new denomination of currency and is working on issuing a digital one" Here's what everybody's making a big hoopla about...Two things for us who have invested into the Iraqi dinar. I am concerned about the deleting of the zeros. All that means is that the current value of the currency carries over if they go to a lower denomination. We don't want that. [Post 1 of 2....stay tuned]
9-28-2022 Intel Guru MarkZ [via PDK From [Guru] Sheila: "...The global currencies against the Us dollar did happen on the 24th...the IQD announcement was on the 22nd. All at the emergency UN meeting." So it sounds like to me she is of the belief that this has indeed already occurred…and we are simply watching it all play out and waiting for our announcements …That would certainly fit with some of the other news that we are hearing.
9-28-2022 Newshound Guru Samson Article: "The Central Bank intends to issue a banknote of 20 thousand dinars" Quote: "there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to legislate a law and this project requires some amendments, and that the pursuit of this law needs to stabilize the situation in the country and the atmosphere must be provided to accept such transactions."
9-28-2022 Newshound/Intel Guru Mnt Goat There is talk that this new note may not happen under pressure by the IMF and to complete the project to delete the zeros instead and issue the lower denominations we are looking for. Once again in the same article the CBI talks about this project to delete the zeros too and tells us it is still on the back burner and they recognize it needs to be done but under the right conditions... [post 2 of 2]
9-28-2022 Newshound/Intel Guru Mnt Goat ...There has to be some good news…right? “When the CBI talks I listen” and they have been talking a lot about the dinar as of lately. So, just recently the Central Bank talks about the possibility of changing the price of the dollar and intends to issue a new category of currency a 20,000 dinar note. Really?...This is one of those WOW articles... Is this good news or bad news? Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of the ever popular the 25,000 note. This could be a very good sign, a small indication that they are slowly moving to lower denominations but not fast enough as we want... [post 1 of 2....stay tuned]
9-28-2022 Newshound Guru Samson Article "Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years" Quote "The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed...the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides"
9-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] When Iraqi citizens go to a satellite bank here in the United States they will have their three zero notes they will be exchanged for American dollars. They will have a windfall compared to the citizens that live inside of Iraq ...so they're not going to get any new small category notes? Not in the United States . They're going to get American dollars. At the new rate? Yes.
9-28-2022 Intel Guru Bruce [via WiserNow] Iraq seems to have their mess together... seems to be ready to go and have put out a rate and they're ready to start...It's happening in other countries as well...The other thing that is happening, the redemption centers are getting...a permanent 12 day schedule for our exchanges. That schedule I'm being told today is to start at 11 o'clock [today,Wednesday]...I'm also hearing from other sources...that we're looking to get something to start over the next three days - that would be Wednesday, Thursday or Friday.
9-28-2022 Intel Guru MarkZ [via PDK] Article: “Iraq’s political class must address “crisis of trust” the PM says” A key paragraph says “The change in the exchange rate that we conducted in Iraq was one of the most successful alterations and modifications of the national currency exchange rate models in the world. It happened without serious repercussions..." Guys they are telling us they have DONE this...I think they are keeping it from us and under wraps as it rolls through the banking system…curious timing...We could wake up to a whole new world tomorrow. We know we are very close no matter what.
9-28-2022 Guru Nader From The Mid East Nobody's happy about the news from yesterday by the CBI when they come out with this article that they have no intention to change the exchange rate. But I think they're going to change it...they have not choice...they're gonna take all the zeros out. The 20,000 become 20...
9-28-2022 Newshound Guru Kaperoni Central Bank of Iraq held a forum... They confirmed if they delete the zeros they require a law from Parliament to authorize. This is a clear indication that deleting the zeros is a neutral event LOP. Traditional monetary policies do not require Parliament authorization. They also announced the imminent launch of a 20,000 dinar note. This could be used to reduce the money supply or is just filling the need in the market since the dinar has been devalued.
9-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend feels the only next step is the training completion to the citizens followed by Iraq returning to the rate of the glory days...it just seems the education on deleting the three zeros is only thing needed to be done. FRANK: That is the first time your bank friend has fully opened up to you...the education to the citizens is crucial and that's what the CBI has been doing all year...he knows as soon as these political issues are over with and Kazemi sits his government, we have a new exchange rate...
9-28-2022 Newshound Guru Pimpy My other concern is that it's going to a digital version of the currency...what approach they take on deleting their zeros is going to be very interesting to see...What I think I'm gonna do is look into swapping my 25,000, 50,000 and 10,000 dinars and trying to pick up the 250 dinar...this way if they do the deletion of the zeros I can't imagine it affecting the lower denominations. I might be wrong but we will soon find out. [Post 2 of 2]
9-28-2022 Newshound Guru Pimpy Article: "The central bank reveals a new denomination of currency and is working on issuing a digital one" Here's what everybody's making a big hoopla about...Two things for us who have invested into the Iraqi dinar. I am concerned about the deleting of the zeros. All that means is that the current value of the currency carries over if they go to a lower denomination. We don't want that. [Post 1 of 2....stay tuned]
9-28-2022 Intel Guru MarkZ [via PDK From [Guru] Sheila: "...The global currencies against the Us dollar did happen on the 24th...the IQD announcement was on the 22nd. All at the emergency UN meeting." So it sounds like to me she is of the belief that this has indeed already occurred…and we are simply watching it all play out and waiting for our announcements …That would certainly fit with some of the other news that we are hearing.
9-28-2022 Newshound Guru Samson Article: "The Central Bank intends to issue a banknote of 20 thousand dinars" Quote: "there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to legislate a law and this project requires some amendments, and that the pursuit of this law needs to stabilize the situation in the country and the atmosphere must be provided to accept such transactions."
9-28-2022 Newshound/Intel Guru Mnt Goat There is talk that this new note may not happen under pressure by the IMF and to complete the project to delete the zeros instead and issue the lower denominations we are looking for. Once again in the same article the CBI talks about this project to delete the zeros too and tells us it is still on the back burner and they recognize it needs to be done but under the right conditions... [post 2 of 2]
9-28-2022 Newshound/Intel Guru Mnt Goat ...There has to be some good news…right? “When the CBI talks I listen” and they have been talking a lot about the dinar as of lately. So, just recently the Central Bank talks about the possibility of changing the price of the dollar and intends to issue a new category of currency a 20,000 dinar note. Really?...This is one of those WOW articles... Is this good news or bad news? Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of the ever popular the 25,000 note. This could be a very good sign, a small indication that they are slowly moving to lower denominations but not fast enough as we want... [post 1 of 2....stay tuned]
9-27-2022 Intel Guru Frank26 Article: "Al-Kazemi expects an increase in Iraq's cash reserve and it will reach $100 billion" Kazemi increases cash reserves for the float of the IQD... Quote: "the white paper succeeded in achieving economic reforms...Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world" That's not at a program rate value...! And that is why they are prepared to leave the boarder as soon as they announce their government they'll show you a budget...the white papers...an exchange rate...and...their economic explosion! IMO
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "Iraq's exit from the European Union's list of high-risk countries gives support to the movement of the economy and the financial and banking sector...It is noteworthy that Iraq owns 7 categories of local currency issued by the Central Bank of Iraq are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10,000 dinars, 25000 dinars, and 50,000 dinars)." [Note: The new proposed note is a 20K denomination]
9-27-2022 Intel Guru MarkZ [via PDK] You can hang your hat on it that we are very, very close. For those that were panicking and thinking we were not going to go until January…If they are telling you January…they are going to go sooner than that...Remember Kuwait …they came out...and said they were not going to revalue for another 3-6 months…maybe 6-9 months…then they RV’d that very afternoon...we have seen so much in history that we know what they are doing. They are openly talking about a date. You know they have to do it before the dates they are talking about. BAM- that is something to be excited about. [post 2 of 2]
9-27-2022 Intel Guru MarkZ [via PDK] The chatter coming out of Iraq makes it clear what is happening. “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere” Their goal is to change that value...deleting the zeros means the dinar goes up in value so you no longer need the big bills. …2 years ago they came out with what they called the I-Dinar. This was their pilot program for this and the I-Dinar was to be a gold-backed digital currency. Then you have the polymer notes that represent the digital asset that is backed by gold. They have talked about this at length and now here we are watching it play out in today’s news. This is a big piece of information for us. [post 1 of 2...stay tuned]
9-27-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ISSUE A NEW DENOMINATION OF THE IRAQI CURRENCY" This is one of those WOW articles... This is good news and this is bad news. Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of ever popular the 25,000 note. This is a very good sign they are slowly moving to lower denominations but not fast enough as we want. Why not just follow the economists and go 1:1 and save all this money of a new note? Issue the lower denominations instead. There is talk that this new note may not happen under pressure by the IMF to complete the project to delete the zeros instead and issue the lower denominations.
9-27-2022 Newshound Guru Sandy Ingram Article: "Iraq and the European Union.. Joint program in 5 sectors" The European Union confirmed on funding its quest to achieve decentralization in Iraq...European Union representatives [Barbara Iker]...pointed out Iraq has a huge oil wealth and on the other hand the people in all areas are playing catch up for basic service... Decentralization simply means that there is a substantial sharing of power, authority, financial resources and political support among federal, and local governments.
9-27-2022 Newshound/Intel Guru Breitling There's plenty of evidence. You have to understand markets. They're going to add value to their currency. If anyone out there can find and article from the CBI, Ministry of Planning, Ministry of Finance or somebody IN parliament says, 'No, we're not going to add value to our currency.' I'd like to see that because it does not exist...be happy. Be positive...there's no reasons for you to have any fear about this investment...
9-27-2022 Newshound/Intel Guru RVAlready I can’t take the 20000 note and delay article to heart, because it runs contrary to what the CBI has been telling the banks for the last several months. [Reference Samson post 9-27-2022 below]
9-27-2022 Newshound Guru Pimpy It's going to take an act of Allah himself to come down into Iraq and get these two parties [Framework and Sadrists] to agree on something. I just don't see it happening. It's going to be interesting to see what happens to Iraq but as much as I try not to think of it this way I can't help but think it's just unavoidable, the Civil War is going to break out...
9-27-2022 Intel Guru MarkZ [via PDK] They they dropped a couple more articles about lower denoms...new bills and digital currency… They are working towards their reforms. Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" They are actively making moves to support their higher value. [The only reason they would need lower denominations is if they were going to revalue.] Exactly.
9-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They showed an economist today being interviewed saying the government can control the currency auctions by making the dinar equal to the dollar or close to it...they say watch for government to make this move in the near future to control the currency auction once they sit... FRANK: The reason why the economist is talking to you about the dinar going 1 to 1 internationally is because the CBI already told you that...they told you they were going to go 1 to 1 and float...
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars...We will start announcing the new category after completing its requirements...He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar."
9-27-2022 Intel Guru MarkZ [via PDK] [Any dong news?] …they are waiting on Iraq as well. Still being told around $2.25 for the value. [Are you still hearing $4-$6 dollars on the dinar?] Yes.
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "Iraq's exit from the European Union's list of high-risk countries gives support to the movement of the economy and the financial and banking sector...It is noteworthy that Iraq owns 7 categories of local currency issued by the Central Bank of Iraq are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10,000 dinars, 25000 dinars, and 50,000 dinars)." [Note: The new proposed note is a 20K denomination]
9-27-2022 Intel Guru MarkZ [via PDK] You can hang your hat on it that we are very, very close. For those that were panicking and thinking we were not going to go until January…If they are telling you January…they are going to go sooner than that...Remember Kuwait …they came out...and said they were not going to revalue for another 3-6 months…maybe 6-9 months…then they RV’d that very afternoon...we have seen so much in history that we know what they are doing. They are openly talking about a date. You know they have to do it before the dates they are talking about. BAM- that is something to be excited about. [post 2 of 2]
9-27-2022 Intel Guru MarkZ [via PDK] The chatter coming out of Iraq makes it clear what is happening. “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere” Their goal is to change that value...deleting the zeros means the dinar goes up in value so you no longer need the big bills. …2 years ago they came out with what they called the I-Dinar. This was their pilot program for this and the I-Dinar was to be a gold-backed digital currency. Then you have the polymer notes that represent the digital asset that is backed by gold. They have talked about this at length and now here we are watching it play out in today’s news. This is a big piece of information for us. [post 1 of 2...stay tuned]
9-27-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ISSUE A NEW DENOMINATION OF THE IRAQI CURRENCY" This is one of those WOW articles... This is good news and this is bad news. Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of ever popular the 25,000 note. This is a very good sign they are slowly moving to lower denominations but not fast enough as we want. Why not just follow the economists and go 1:1 and save all this money of a new note? Issue the lower denominations instead. There is talk that this new note may not happen under pressure by the IMF to complete the project to delete the zeros instead and issue the lower denominations.
9-27-2022 Newshound Guru Sandy Ingram Article: "Iraq and the European Union.. Joint program in 5 sectors" The European Union confirmed on funding its quest to achieve decentralization in Iraq...European Union representatives [Barbara Iker]...pointed out Iraq has a huge oil wealth and on the other hand the people in all areas are playing catch up for basic service... Decentralization simply means that there is a substantial sharing of power, authority, financial resources and political support among federal, and local governments.
9-27-2022 Newshound/Intel Guru Breitling There's plenty of evidence. You have to understand markets. They're going to add value to their currency. If anyone out there can find and article from the CBI, Ministry of Planning, Ministry of Finance or somebody IN parliament says, 'No, we're not going to add value to our currency.' I'd like to see that because it does not exist...be happy. Be positive...there's no reasons for you to have any fear about this investment...
9-27-2022 Newshound/Intel Guru RVAlready I can’t take the 20000 note and delay article to heart, because it runs contrary to what the CBI has been telling the banks for the last several months. [Reference Samson post 9-27-2022 below]
9-27-2022 Newshound Guru Pimpy It's going to take an act of Allah himself to come down into Iraq and get these two parties [Framework and Sadrists] to agree on something. I just don't see it happening. It's going to be interesting to see what happens to Iraq but as much as I try not to think of it this way I can't help but think it's just unavoidable, the Civil War is going to break out...
9-27-2022 Intel Guru MarkZ [via PDK] They they dropped a couple more articles about lower denoms...new bills and digital currency… They are working towards their reforms. Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" They are actively making moves to support their higher value. [The only reason they would need lower denominations is if they were going to revalue.] Exactly.
9-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They showed an economist today being interviewed saying the government can control the currency auctions by making the dinar equal to the dollar or close to it...they say watch for government to make this move in the near future to control the currency auction once they sit... FRANK: The reason why the economist is talking to you about the dinar going 1 to 1 internationally is because the CBI already told you that...they told you they were going to go 1 to 1 and float...
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars...We will start announcing the new category after completing its requirements...He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar."
9-27-2022 Intel Guru MarkZ [via PDK] [Any dong news?] …they are waiting on Iraq as well. Still being told around $2.25 for the value. [Are you still hearing $4-$6 dollars on the dinar?] Yes.
9-26-2022 Intel Guru Frank26 Question: "Are the satellite banks still on schedule for opening around the end of the month?" Yeah. Give it into the first week of next month too. BTW because they open those banks does that mean that it would be a new exchange rate? No. Because American citizens can use it as well too. When the new exchange rate for the Iraq dinar comes in, their main focus will kick in. The main job of these satellite banks is to collect the three zeros that are hidden.
9-26-2022 Newshound Guru Samson Article: "Iraq ranks 11th globally and fourth in the Arab world among the cheapest countries in the world at gasoline prices" Quote: "The report indicated that "Venezuela ranked first in the world with the cheapest country in the world for gasoline at a price of 22 cents per liter, followed by Libya at 30 cents, and then Iran came third at 53 cents." He also noted that "the most expensive countries in the world at gasoline prices were Hong Kong at 2.967 per liter, followed by Zimbabwe at $2,750, and then Iceland at $2,270."
9-26-2022 Intel Guru MarkZ [via PDK] The bond markets are in the middle of its worst decline since 1949. We are also watching the bond market implode. This is what we told to look for guys, at the end of this… The chatter is so overwhelming that exchanges are starting by Wednesday. Stay calm while we watch things happen over the next 24 hours. Again stay calm…we have heard this before.
9-26-2022 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value Iraqi needs to have a government, have parliament pass the needed legislation to encourage investment, then diversify their economy. As the GDP and the country's economic success grows, so will the dinar. And of course the longer this political stalemate continues the longer it will be will there before there will be any growth in the economy or change in the exchange rate.
9-26-2022 Newshound/Intel Guru David M. Witty Iraqi parliament to convene on Wednesday to vote on accepting resignation of speaker of parliament.
9-26-2022 Newshound Guru Pimpy In order for anything to happen to a currency like the exchange rate change, you need stability in your country. But what if your currency doesn't just rely on the stability of your country but as well as others. Anybody holding on to Iraqi dinar right now...if you think the exchange rate is going of change anytime soon it's not. Even if Iraq gets on track it's not going to happen right away...
9-26-2022 Intel Guru MarkZ [via PDK] [Mark, can you address if Iraq has their new rate and if we are in a wait of 3-7 days?] …my contacts in finance in Iraq have gone very quiet. I think the 3-7 days may be accurate at this point…but I can’t verify it yet... I think this is going to be one of those weeks where we are minute to minute for news. We will be watching it non-stop…
9-26-2022 Intel Guru Frank26 I'm looking forward to the government being announced...if we have a seated government, golly. Let's open up all the private banks around the world for the CBI...and then the dinar would just have to float. It hitches a ride with the dollar at 1 to 1 but then it de-pegs from it and it will determine if it wants to go in a basket at that time or not. I really don't know if they will but they probably will when they mature it to the $3+ range and that won't take long. Everybody wants to take this pretty girl out on a date...
9-26-2022 Newshound Guru Samson Article: "Parliamentary Finance: Reconsidering the dollar exchange rate is subject to political auctions" Quote: "Committee member Jamal Cougar told {Euphrates News} that "the issue of reconsidering the dollar exchange rate is not within the competence or powers of the Finance Committee, but it is related to the country's financial policy and therefore it is affiliated with the executive body and from the executive body, and it is an exclusive issue related to the Ministry of Finance and the Central Bank."
9-26-2022 Intel Guru Fleming They have had a new rate, they just haven't published it...they have various reasons why they aren't doing it...
9-26-2022 Newshound Guru Samson Article: "Iraq ranks 11th globally and fourth in the Arab world among the cheapest countries in the world at gasoline prices" Quote: "The report indicated that "Venezuela ranked first in the world with the cheapest country in the world for gasoline at a price of 22 cents per liter, followed by Libya at 30 cents, and then Iran came third at 53 cents." He also noted that "the most expensive countries in the world at gasoline prices were Hong Kong at 2.967 per liter, followed by Zimbabwe at $2,750, and then Iceland at $2,270."
9-26-2022 Intel Guru MarkZ [via PDK] The bond markets are in the middle of its worst decline since 1949. We are also watching the bond market implode. This is what we told to look for guys, at the end of this… The chatter is so overwhelming that exchanges are starting by Wednesday. Stay calm while we watch things happen over the next 24 hours. Again stay calm…we have heard this before.
9-26-2022 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value Iraqi needs to have a government, have parliament pass the needed legislation to encourage investment, then diversify their economy. As the GDP and the country's economic success grows, so will the dinar. And of course the longer this political stalemate continues the longer it will be will there before there will be any growth in the economy or change in the exchange rate.
9-26-2022 Newshound/Intel Guru David M. Witty Iraqi parliament to convene on Wednesday to vote on accepting resignation of speaker of parliament.
9-26-2022 Newshound Guru Pimpy In order for anything to happen to a currency like the exchange rate change, you need stability in your country. But what if your currency doesn't just rely on the stability of your country but as well as others. Anybody holding on to Iraqi dinar right now...if you think the exchange rate is going of change anytime soon it's not. Even if Iraq gets on track it's not going to happen right away...
9-26-2022 Intel Guru MarkZ [via PDK] [Mark, can you address if Iraq has their new rate and if we are in a wait of 3-7 days?] …my contacts in finance in Iraq have gone very quiet. I think the 3-7 days may be accurate at this point…but I can’t verify it yet... I think this is going to be one of those weeks where we are minute to minute for news. We will be watching it non-stop…
9-26-2022 Intel Guru Frank26 I'm looking forward to the government being announced...if we have a seated government, golly. Let's open up all the private banks around the world for the CBI...and then the dinar would just have to float. It hitches a ride with the dollar at 1 to 1 but then it de-pegs from it and it will determine if it wants to go in a basket at that time or not. I really don't know if they will but they probably will when they mature it to the $3+ range and that won't take long. Everybody wants to take this pretty girl out on a date...
9-26-2022 Newshound Guru Samson Article: "Parliamentary Finance: Reconsidering the dollar exchange rate is subject to political auctions" Quote: "Committee member Jamal Cougar told {Euphrates News} that "the issue of reconsidering the dollar exchange rate is not within the competence or powers of the Finance Committee, but it is related to the country's financial policy and therefore it is affiliated with the executive body and from the executive body, and it is an exclusive issue related to the Ministry of Finance and the Central Bank."
9-26-2022 Intel Guru Fleming They have had a new rate, they just haven't published it...they have various reasons why they aren't doing it...
9-25-2022 Intel Guru Frank26 I'm excited about the conditions in Iraq right now. They are the most peaceful conditions that I've seen in decades. They are the most cooperative. The most "Kumbaya". The most shoulder to shoulder. I've never seen such leadership coming from Iraq's leaders...They were always stealing from themselves because no body was stopping Iraq from stealing. Corruption spread within the Iraqi officials themselves...Turns out we do have leaders that care...the governor of the CBI, Kazemi the Prime Minister and Sadr...you're gonna find out dozens more that are going to be coming out of the woodwork very soon.
9-25-2022 Newshound Guru Samson Article: "An economist explains how to control the currency sale auction" Quote: "the currency sale auction can be controlled through the government's move towards equalizing the value of the dinar with the dollar or making it close to the dinar..."
9-25-2022 Newshound/Intel Guru Breitling So where people are getting these negative vibes about Iraq - 1. You're wrong. 2. You're probably attaching it to, "I should be driving a Ferrari right now." Don't do that because you're clouding your judgement with your feelings...Your timing and what you want has nothing to do with Iraq...If you're dragged down because of...the timing that's one thing but if it's some type of signal to you that the dinar is not going to revalue, you're wrong...I'm still excited about it. It is a very very good thing coming down the road...
9-25-2022 Newshound Guru Pimpy Article: "Iran: Iraq will turn into the larger economic market in the region during the next decade" Iraq is the gateway into the Middle East...you can go right into Iraq and it's central to all the other nations that you want to do business with. That makes it the heart of the region...Iraq is going to flourish if they can just get their crap together.
9-25-2022 Newshound Guru Sandy Ingram Article: "Iraqi Prime Minister meets with European leaders" Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors...
9-25-2022 Intel Guru Frank26 The next few steps we are looking for is for this government to start taking formation. The next things we will be looking for is in the next two weeks the satellite banks to open up around the world representing the Central Bank of Iraq. And the last thing we'll be looking for is any complications, any barriers...reasons for not having the reforms - from Iran. You can see they have reached the point of desperation.
9-25-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in Baghdad from New York" Quote: "On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of the United Nations General Assembly in place of the President of the Republic, Barham Salih."
9-25-2022 Intel Guru Fleming ...we are being told notifications are supposed to be out Monday with exchanging and redeeming for 12 days. The redemption centers are going to run 20 hours a day to get this done... I have not been able to verify that completely...so we are waiting to see if that comes to fruition...
9-25-2022 Newshound Guru Samson Article: "An economist explains how to control the currency sale auction" Quote: "the currency sale auction can be controlled through the government's move towards equalizing the value of the dinar with the dollar or making it close to the dinar..."
9-25-2022 Newshound/Intel Guru Breitling So where people are getting these negative vibes about Iraq - 1. You're wrong. 2. You're probably attaching it to, "I should be driving a Ferrari right now." Don't do that because you're clouding your judgement with your feelings...Your timing and what you want has nothing to do with Iraq...If you're dragged down because of...the timing that's one thing but if it's some type of signal to you that the dinar is not going to revalue, you're wrong...I'm still excited about it. It is a very very good thing coming down the road...
9-25-2022 Newshound Guru Pimpy Article: "Iran: Iraq will turn into the larger economic market in the region during the next decade" Iraq is the gateway into the Middle East...you can go right into Iraq and it's central to all the other nations that you want to do business with. That makes it the heart of the region...Iraq is going to flourish if they can just get their crap together.
9-25-2022 Newshound Guru Sandy Ingram Article: "Iraqi Prime Minister meets with European leaders" Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors...
9-25-2022 Intel Guru Frank26 The next few steps we are looking for is for this government to start taking formation. The next things we will be looking for is in the next two weeks the satellite banks to open up around the world representing the Central Bank of Iraq. And the last thing we'll be looking for is any complications, any barriers...reasons for not having the reforms - from Iran. You can see they have reached the point of desperation.
9-25-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in Baghdad from New York" Quote: "On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of the United Nations General Assembly in place of the President of the Republic, Barham Salih."
9-25-2022 Intel Guru Fleming ...we are being told notifications are supposed to be out Monday with exchanging and redeeming for 12 days. The redemption centers are going to run 20 hours a day to get this done... I have not been able to verify that completely...so we are waiting to see if that comes to fruition...
9-24-2022 Intel Guru Frank26 They are in a fantastic position to tell the international world, 'We're article VII. We're international. We don't have any restriction on our currency. You can bring your currency into our banks. Our banks are now modern and ready to go. Nobody is going to touch your money. We protect it...'
9-24-2022 Newshound Guru Samson Article: "Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq" Quote: The Iraqi ambassador in Berlin "...but there are considerations...He added, The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
9-24-2022 Newshound Guru tlm724 Article: "Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision" Quote: "Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision taken by his government...thanks to the white paper, the Iraqi economy will witness reforms."
9-24-2022 Newshound Guru Kaperoni The truth about Iraq is they are no closer to forming a government now than they were a year ago. Maliki refuses to give up power and al-Sadr refuses to give in to Maliki both of them have equal political control post-election.
9-24-2022 Intel Guru MarkZ [via PDK] I think enormous things are happening...I am getting many rumors I have not been able to vet yet that Iraq did indeed pull the trigger this morning and they are trying to keep the world in the dark for a few days with a lockdown. I am trying to confirm it. ...I was told they wanted a minimum of 3 days but are hoping to keep it under wraps for 10 days...I do not know if it’s true yet, but, I have gotten this report from many different places. So we are very much sitting on the edge of our chairs this morning…going into the next 2-3 days. Let’s pray this is it…Treat this as a rumor for now until we get confirmations from boots on the ground….
9-24-2022 Guru Nader From The Mid East Article: "The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion" By December we reach 120 billion. It's gonna be one of the biggest reserves in the world by 2023...
9-24-2022 Intel Guru Frank26 They're constantly almost on a weekly basis telling you we found another oil well. Your whole country sits on oil. You can plant the flag of your country anywhere and oil squirts out.
9-24-2022 Newshound Guru Samson Article: "Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion" Quote: "The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world."
9-24-2022 Newshound Guru Samson Article: "Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq" Quote: The Iraqi ambassador in Berlin "...but there are considerations...He added, The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
9-24-2022 Newshound Guru tlm724 Article: "Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision" Quote: "Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision taken by his government...thanks to the white paper, the Iraqi economy will witness reforms."
9-24-2022 Newshound Guru Kaperoni The truth about Iraq is they are no closer to forming a government now than they were a year ago. Maliki refuses to give up power and al-Sadr refuses to give in to Maliki both of them have equal political control post-election.
9-24-2022 Intel Guru MarkZ [via PDK] I think enormous things are happening...I am getting many rumors I have not been able to vet yet that Iraq did indeed pull the trigger this morning and they are trying to keep the world in the dark for a few days with a lockdown. I am trying to confirm it. ...I was told they wanted a minimum of 3 days but are hoping to keep it under wraps for 10 days...I do not know if it’s true yet, but, I have gotten this report from many different places. So we are very much sitting on the edge of our chairs this morning…going into the next 2-3 days. Let’s pray this is it…Treat this as a rumor for now until we get confirmations from boots on the ground….
9-24-2022 Guru Nader From The Mid East Article: "The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion" By December we reach 120 billion. It's gonna be one of the biggest reserves in the world by 2023...
9-24-2022 Intel Guru Frank26 They're constantly almost on a weekly basis telling you we found another oil well. Your whole country sits on oil. You can plant the flag of your country anywhere and oil squirts out.
9-24-2022 Newshound Guru Samson Article: "Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion" Quote: "The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world."
9-23-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" The IQD prepares to float and the 3 reserves is just the tip of the Iceberg of Monetary reform...this is amazing! Notice all the article are encouraging. Notice none of them are negative...
9-23-2022 Intel Guru MarkZ [via PDK] It’s been very quiet out of Iraq. I hope they are as ready as the banks make it sound that they are. Because from the banking side of this…they swear this is their weekend...I am hopeful and really think we are close...I am being told we are in for an epic week. Since I’m not seeing progress in Iraq I question it a little…but am still excited and think this is wrapping up towards conclusion very quickly for us…
9-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] World banks have recognized the IQD as a potential Middle East currency to used to invest in...The Middle East knows what the Iraqi currency is about to do. They know it's potential. They know that they have to use it, to invest in it, to buy with it, to sell with it, to protect it. Wow to the IQD being used! But DOUBLE WOW to see the IQD back in the SDR of the IMF! This is a very big deal...this is a big step to the final step.
9-23-2022 Intel Guru Bruce [via WiserNow] This has to come out for us, according to people that we've talked to by the end of this month. Well, we're getting close...There's only 30 days in September...So I think we're definitely moving forward. I think what's interesting was we have heard that we should get notified this weekend. ...The latest information I got...was telling us that our new window...for us to get started...is between the 25th and the 28th of September - 25 is Sunday. So that's Sunday, Monday, Tuesday, Wednesday, the 28th...So in that timeframe, we should get our notifications and then get started with our exchanges... we believe...that this absolutely must start by the end of this month which is the 30th...So we'll see how that goes. We'll see what happens.
9-23-2022 Newshound Guru MilitiaMan Article: "France's Total refuses to complete a $27 billion contract with the national oil company" Quote: "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement" This is huge. They refuse the deal with the NOC. They cut a deal instead with MOO.. They have the Total Deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon...
9-23-2022 Newshound Guru Samson Article: "Iran: Iraq will turn into the largest economic market in the region during the next decade" Quote: "stressing that his country seeks to increase the volume of trade exchange with this neighboring country."
9-23-2022 Intel Guru MarkZ [via PDK] We do have some great reports coming out of the banking sector in Iraq on securities and securities set up in Iraq so they can trade them... This is huge news that happened just yesterday ...i am excited…I have been getting solid news from the banking side about how close we are!! [Really hope it happens before the holidays.] I believe we will have an amazing Holiday Season!!!
9-23-2022 Newshound Guru Jeff In the near future they're going to have a session of parliament...to vote to reschedule their elections...along with dissolving parliament...As you know their government must have full powers. Right now...they're deemed as a caretaker...They are not a government with full powers...Because they don't have full powers...they cannot right now revalue their currency. They must be able to pass laws to revalue the currency and have full powers and they don't...Does this mean you have to wait till next year for the rate change? ...The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar [update]...
9-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The banks are putting signs out again in their windows about the open house they are inviting us citizens to next Monday. They're telling the citizens to coming in and to open accounts...and get our cards. They're talking about loans...all of this is part of a new strategy to grow Iraq's economy... FRANK: The CBI prepares you to use the new small category notes inside of your country...the same way that they have prepared the international banks to use the new small category notes in their country outside of Iraq's borders internationally...the next step will occur after Kazemi returns from New York...
9-23-2022 Newshound/Intel Guru Mnt Goat It won’t be very good for us investors looking for the reinstatement but at least now the process is in motion. Too bad it was not put in motion a couple years ago as we might have been to the bank by now...Many things besides the Iraqi RV are in motion to get us to where we want to have the project to delete the zeros and then the reinstatement. [post 2 of 2]
9-23-2022 Newshound/Intel Guru Mnt Goat ...Iraq continues with this election saga. The Sadr protest deadline of Oct 1 is nearing and they told us they won’t even have the meeting with Sadr until next week...I do not believe Sadr is going to bend this time. He would rather tear apart the political system, expose the corrupt and rebuild it without Iran and their puppets. This may very well happen... [post 1 of 2....stay tuned]
9-23-2022 Intel Guru MarkZ [via PDK] It’s been very quiet out of Iraq. I hope they are as ready as the banks make it sound that they are. Because from the banking side of this…they swear this is their weekend...I am hopeful and really think we are close...I am being told we are in for an epic week. Since I’m not seeing progress in Iraq I question it a little…but am still excited and think this is wrapping up towards conclusion very quickly for us…
9-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] World banks have recognized the IQD as a potential Middle East currency to used to invest in...The Middle East knows what the Iraqi currency is about to do. They know it's potential. They know that they have to use it, to invest in it, to buy with it, to sell with it, to protect it. Wow to the IQD being used! But DOUBLE WOW to see the IQD back in the SDR of the IMF! This is a very big deal...this is a big step to the final step.
9-23-2022 Intel Guru Bruce [via WiserNow] This has to come out for us, according to people that we've talked to by the end of this month. Well, we're getting close...There's only 30 days in September...So I think we're definitely moving forward. I think what's interesting was we have heard that we should get notified this weekend. ...The latest information I got...was telling us that our new window...for us to get started...is between the 25th and the 28th of September - 25 is Sunday. So that's Sunday, Monday, Tuesday, Wednesday, the 28th...So in that timeframe, we should get our notifications and then get started with our exchanges... we believe...that this absolutely must start by the end of this month which is the 30th...So we'll see how that goes. We'll see what happens.
9-23-2022 Newshound Guru MilitiaMan Article: "France's Total refuses to complete a $27 billion contract with the national oil company" Quote: "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement" This is huge. They refuse the deal with the NOC. They cut a deal instead with MOO.. They have the Total Deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon...
9-23-2022 Newshound Guru Samson Article: "Iran: Iraq will turn into the largest economic market in the region during the next decade" Quote: "stressing that his country seeks to increase the volume of trade exchange with this neighboring country."
9-23-2022 Intel Guru MarkZ [via PDK] We do have some great reports coming out of the banking sector in Iraq on securities and securities set up in Iraq so they can trade them... This is huge news that happened just yesterday ...i am excited…I have been getting solid news from the banking side about how close we are!! [Really hope it happens before the holidays.] I believe we will have an amazing Holiday Season!!!
9-23-2022 Newshound Guru Jeff In the near future they're going to have a session of parliament...to vote to reschedule their elections...along with dissolving parliament...As you know their government must have full powers. Right now...they're deemed as a caretaker...They are not a government with full powers...Because they don't have full powers...they cannot right now revalue their currency. They must be able to pass laws to revalue the currency and have full powers and they don't...Does this mean you have to wait till next year for the rate change? ...The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar [update]...
9-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The banks are putting signs out again in their windows about the open house they are inviting us citizens to next Monday. They're telling the citizens to coming in and to open accounts...and get our cards. They're talking about loans...all of this is part of a new strategy to grow Iraq's economy... FRANK: The CBI prepares you to use the new small category notes inside of your country...the same way that they have prepared the international banks to use the new small category notes in their country outside of Iraq's borders internationally...the next step will occur after Kazemi returns from New York...
9-23-2022 Newshound/Intel Guru Mnt Goat It won’t be very good for us investors looking for the reinstatement but at least now the process is in motion. Too bad it was not put in motion a couple years ago as we might have been to the bank by now...Many things besides the Iraqi RV are in motion to get us to where we want to have the project to delete the zeros and then the reinstatement. [post 2 of 2]
9-23-2022 Newshound/Intel Guru Mnt Goat ...Iraq continues with this election saga. The Sadr protest deadline of Oct 1 is nearing and they told us they won’t even have the meeting with Sadr until next week...I do not believe Sadr is going to bend this time. He would rather tear apart the political system, expose the corrupt and rebuild it without Iran and their puppets. This may very well happen... [post 1 of 2....stay tuned]
9-22-2022 Intel Guru Frank26 What we're looking for is a seated government. If we have a completely formed GOI presented to us by Kazemi - you have a budget. If you have a budget...then you have...the white papers. And if you have the white papers in the budget of a government of a stable country...and there's a very god chance that the reforms that require the white papers are funded because they told us the reserves are out of this world...they're ready to introduce a new currency to their citizens. This chronology that I laid out to you is...obvious.
9-22-2022 Newshound Guru Pimpy We know Iraq has been doing everything it can to stabilize this country to get back out there on an international scene to have an internationally recognized currency that trades on Forex and one that's strong. The right steps for the most part are being taken, we just need to get a stable government, a stable economy and a stable country...
9-22-2022 Newshound Guru Kaperoni [Guru] Frank26 is claiming Iraq is now in IMF Article VIII. This is absolutely not true and can be validated by going to http://imf.org, clicking on Iraq, then choosing Iraq's position in the fund. Clearly ARTICLE XIV...Iraq is making progress with monetary policy towards accepting IMF Article VIII conditions which would help in international transactions. This though has nothing to do with the exchange rate...The dinar...under the current CBI policy of IMF Article XIV banks around the world are refusing to deal with it. [Reference Guru Frank26 post on 9-21-2022 below]
9-22-2022 Newshound/Intel Guru Walkingstick This is a very huge step for the monetary reform to see international banks now using the Iraqi dinar in their banking structure...why? Because they're being used in their contracts. It's a huge step for the monetary reform.
9-22-2022 Newshound Guru Samson Article: "A new parliamentary speech regarding changing the dollar exchange rate" Quote: "Committee member Jamal Cougar told Mawazine News, "The issue of changing or restoring the dollar exchange rate is not within the competence of the Parliamentary Finance Committee, nor its powers. The issue is only related to the state's financial policy, represented by the Ministry of Finance and the Central Bank, and any talk about this is to win over the street only."
9-22-2022 Newshound Guru MilitiaMan Article: "What will Al-Kazemi have for Biden during his upcoming visit to Washington?" Kahdimi's speech Friday...This is show time now...They are show casing a leader, not an interim fly by night entity.. No!!...It is like the world knows who is to lead them into the future....The citizens of Iraq are getting very impatient, just as you and I are. Again, it is show time.. imo I like where we are and it looks like the final push is upon us..
9-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Watch for demonstrations to come back hard. Iraq is getting on the verge of Civil War. Many of us on the street feel there's no other way out without help and we're getting help from the U.N. but that's a bunch of "%#$@" and many other international countries are also willing to step in and help but what good is to do it now...
9-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK ANNOUNCES INTERNATIONAL COOPERATION WITH IRAQI BANKS" Quote: "...the Central Bank of Iraq announced a work plan to link and open accounts between Iraqi banks and some international banks."
9-22-2022 Intel Guru MarkZ [via PDK] [Any changes in the dong rate?] I am still hearing 2.25
9-22-2022 Newshound Guru Pimpy We know Iraq has been doing everything it can to stabilize this country to get back out there on an international scene to have an internationally recognized currency that trades on Forex and one that's strong. The right steps for the most part are being taken, we just need to get a stable government, a stable economy and a stable country...
9-22-2022 Newshound Guru Kaperoni [Guru] Frank26 is claiming Iraq is now in IMF Article VIII. This is absolutely not true and can be validated by going to http://imf.org, clicking on Iraq, then choosing Iraq's position in the fund. Clearly ARTICLE XIV...Iraq is making progress with monetary policy towards accepting IMF Article VIII conditions which would help in international transactions. This though has nothing to do with the exchange rate...The dinar...under the current CBI policy of IMF Article XIV banks around the world are refusing to deal with it. [Reference Guru Frank26 post on 9-21-2022 below]
9-22-2022 Newshound/Intel Guru Walkingstick This is a very huge step for the monetary reform to see international banks now using the Iraqi dinar in their banking structure...why? Because they're being used in their contracts. It's a huge step for the monetary reform.
9-22-2022 Newshound Guru Samson Article: "A new parliamentary speech regarding changing the dollar exchange rate" Quote: "Committee member Jamal Cougar told Mawazine News, "The issue of changing or restoring the dollar exchange rate is not within the competence of the Parliamentary Finance Committee, nor its powers. The issue is only related to the state's financial policy, represented by the Ministry of Finance and the Central Bank, and any talk about this is to win over the street only."
9-22-2022 Newshound Guru MilitiaMan Article: "What will Al-Kazemi have for Biden during his upcoming visit to Washington?" Kahdimi's speech Friday...This is show time now...They are show casing a leader, not an interim fly by night entity.. No!!...It is like the world knows who is to lead them into the future....The citizens of Iraq are getting very impatient, just as you and I are. Again, it is show time.. imo I like where we are and it looks like the final push is upon us..
9-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Watch for demonstrations to come back hard. Iraq is getting on the verge of Civil War. Many of us on the street feel there's no other way out without help and we're getting help from the U.N. but that's a bunch of "%#$@" and many other international countries are also willing to step in and help but what good is to do it now...
9-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK ANNOUNCES INTERNATIONAL COOPERATION WITH IRAQI BANKS" Quote: "...the Central Bank of Iraq announced a work plan to link and open accounts between Iraqi banks and some international banks."
9-22-2022 Intel Guru MarkZ [via PDK] [Any changes in the dong rate?] I am still hearing 2.25
9-21-2022 Intel Guru Frank26 Article: "The Central Bank announces international cooperation with Iraqi banks" The Central Bank of Iraq is connected to international banks from around the world because they are about to introduce a new exchange rate. A new currency. A new banking system. A reinstatement of their banking system. We told you they would tell the citizens and they are.
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step...
9-21-2022 Newshound Guru Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits."
9-21-2022 Intel Guru Bruce [via WiserNow] ...in terms of our notifications...it looks like we got pushed maybe another three or four days...so it could actually be...the weekend...we thought we would be going with notifications... starting probably Thursday - But at this point... To me, it's up in the air...Let's keep an eye on the next several days especially the weekend...it's really an amazing time for us...amazing for us to be here where we are be part of this...
9-21-2022 Newshound/Intel Guru Breitling When I look at Iraq it's authority only. What's the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
9-21-2022 Newshound Guru Sandy Ingram Question: "Why are we hearing about a possible civil war in Iraq?" Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah...2.6 million are from Iran...we cannot be sure what will occur once people return to the reality of their daily lives.
9-21-2022 Intel Guru Frank26 I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they're trying to make business with Iraq and Kazemi.
9-21-2022 Newshound/Intel Guru Mnt Goat If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed. [post 2 of 2]
9-21-2022 Newshound/Intel Guru Mnt Goat The Continued Election Saga...what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out. [post 1 of 2....stay tuned]
9-21-2022 Newshound Guru Pimpy We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I'm not sure what that's going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should...
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] SDR and the IMF what they're doing is historical...this is amazing...that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it's at a program rate...And if there are no restrictions...it means they are Article VIII. Article VIII means no restrictions on your currency...
9-21-2022 Newshound Guru Samson Article: "Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly"
9-21-2022 Intel Guru MarkZ [via PDK] I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US... I still do not think that is going to happen.
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step...
9-21-2022 Newshound Guru Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits."
9-21-2022 Intel Guru Bruce [via WiserNow] ...in terms of our notifications...it looks like we got pushed maybe another three or four days...so it could actually be...the weekend...we thought we would be going with notifications... starting probably Thursday - But at this point... To me, it's up in the air...Let's keep an eye on the next several days especially the weekend...it's really an amazing time for us...amazing for us to be here where we are be part of this...
9-21-2022 Newshound/Intel Guru Breitling When I look at Iraq it's authority only. What's the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
9-21-2022 Newshound Guru Sandy Ingram Question: "Why are we hearing about a possible civil war in Iraq?" Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah...2.6 million are from Iran...we cannot be sure what will occur once people return to the reality of their daily lives.
9-21-2022 Intel Guru Frank26 I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they're trying to make business with Iraq and Kazemi.
9-21-2022 Newshound/Intel Guru Mnt Goat If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed. [post 2 of 2]
9-21-2022 Newshound/Intel Guru Mnt Goat The Continued Election Saga...what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out. [post 1 of 2....stay tuned]
9-21-2022 Newshound Guru Pimpy We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I'm not sure what that's going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should...
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] SDR and the IMF what they're doing is historical...this is amazing...that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it's at a program rate...And if there are no restrictions...it means they are Article VIII. Article VIII means no restrictions on your currency...
9-21-2022 Newshound Guru Samson Article: "Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly"
9-21-2022 Intel Guru MarkZ [via PDK] I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US... I still do not think that is going to happen.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran and the European Union and many others...are using the dinar in their banking structure. It's still at a program rate. But they're using it in their banks. That's a first. That's historical.
9-20-2022 Intel Guru MarkZ [via PDK] Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. But that is what a few of my contacts believe will happen…. We pray that is what happens.
9-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real.
9-20-2022 Newshound Guru Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government."
9-20-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country.
9-20-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
9-20-2022 Intel Guru MarkZ [via PDK] [is this “Boom” week or are they still kicking the can?] I do not think they are kicking the can. I believe this is event driven now and things are moving quickly...it’s getting to be “crunch time” on the RV front. Out of Iraq there was a number of articles that came out from 3 different groups saying there is a need to get the government sat.
9-20-2022 Newshound Guru Sandy Ingram The Prime Minister of Iraq is traveling to the United States to participate in the work of the United Nations General Assembly at its 77th session...we can only hope as investors that these meetings with International figures will result in a higher exchange rate in the future...
9-20-2022 Intel/Newshound Guru RVAlready I think the reality is Iraq must fix their problem, or the UN will do it for them. And the international community is in no mood to wait.
9-20-2022 Newshound/Intel Guru Mnt Goat The CBI monetary and gold reserves continue to rise as the months roll on and oil continues to stay high. There is talk from my CBI contacts that the CBI is going to back the dinar totally with gold. This does not mean they won’t also have US dollars stashed in their foreign reserves and natural resources as well as the revenues from other sources such as customs and tariffs and tourism to back it up.
9-20-2022 Intel Guru MarkZ [via PDK] Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. But that is what a few of my contacts believe will happen…. We pray that is what happens.
9-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real.
9-20-2022 Newshound Guru Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government."
9-20-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country.
9-20-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
9-20-2022 Intel Guru MarkZ [via PDK] [is this “Boom” week or are they still kicking the can?] I do not think they are kicking the can. I believe this is event driven now and things are moving quickly...it’s getting to be “crunch time” on the RV front. Out of Iraq there was a number of articles that came out from 3 different groups saying there is a need to get the government sat.
9-20-2022 Newshound Guru Sandy Ingram The Prime Minister of Iraq is traveling to the United States to participate in the work of the United Nations General Assembly at its 77th session...we can only hope as investors that these meetings with International figures will result in a higher exchange rate in the future...
9-20-2022 Intel/Newshound Guru RVAlready I think the reality is Iraq must fix their problem, or the UN will do it for them. And the international community is in no mood to wait.
9-20-2022 Newshound/Intel Guru Mnt Goat The CBI monetary and gold reserves continue to rise as the months roll on and oil continues to stay high. There is talk from my CBI contacts that the CBI is going to back the dinar totally with gold. This does not mean they won’t also have US dollars stashed in their foreign reserves and natural resources as well as the revenues from other sources such as customs and tariffs and tourism to back it up.
9-19-2022 Intel Guru Frank26 Article: "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks". CBI FROM ATM's, TO FDIC, TO BUNA... ALL PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS
9-19-2022 Intel Guru MarkZ [via PDK] Well we have some interesting news…what I hear from my sources in the last hour is 2 large groups that have aggregated currency and already have SKR’s for 4a…have been told no more...Submitting updated personal information so that they can pay them...it is closed as of this afternoon. No more changes...they say it’s too close now to the time of release to accept any more information changes… I think that is a clear indicator of how close we are.
9-19-2022 Newshound Guru Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden"
9-19-2022 Newshound Guru Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Kabbalah is approximately 55 miles from Baghdad.
9-19-2022 Guru Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away...
9-19-2022 Newshound Guru Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
9-19-2022 Intel Guru MarkZ [via PDK] Guru Mnt Goat post quote: "...It may take until the end of the year to catch up so don’t expect anything until at least January 2023..." I am still looking for much sooner than that but, isn’t it nice everybody is agreeing that things are lining up? I still think September...A lot of chatter and research is pointing to the end of this month…My guess is this month... I think this week is going to be huge.
9-19-2022 Newshound Guru Breitling Inside Iraqi the Sunni and Shia want to expand their markets and their markets are in the west. Russia and China are not expanding, they're shrinking...the average person out there knows if I'm going to sell something I want as many customers as possible. That is what Iraq is looking at...That's all they're looking at nothing more than that. So it's all positive news coming out of Iraq for the Iraqi dinar.
9-19-2022 Intel Guru Frank26 Question: "When the ATMs start spitting out cash and the satellite banks open are we still waiting on the reforms?" We're waiting on the reforms. Actually we're waiting for when the government sits. Then they'll show you a budget that has the white papers that contains a new exchange rate...
9-19-2022 Intel Guru MarkZ [via PDK] BIG Rumors that Iraq is looking at joining BRICS. I want to tell you that no matter where you are at…there is no chance you will be kept from exchanging dinar. You do not have to worry about it - even if they join BRICS …everyone will still be able to exchange. On the world stage-you cannot pick and choose who gets to exchange…everyone will be able to exchange…. The way this will work. BRICS was designed as a way of forcing the reset. CIPS was formed as an alternative to the SWIFT system. They want to force the reset and it is working like a charm...Some news articles are clear signs of our impending revaluation…
9-19-2022 Intel Guru MarkZ [via PDK] Well we have some interesting news…what I hear from my sources in the last hour is 2 large groups that have aggregated currency and already have SKR’s for 4a…have been told no more...Submitting updated personal information so that they can pay them...it is closed as of this afternoon. No more changes...they say it’s too close now to the time of release to accept any more information changes… I think that is a clear indicator of how close we are.
9-19-2022 Newshound Guru Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden"
9-19-2022 Newshound Guru Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Kabbalah is approximately 55 miles from Baghdad.
9-19-2022 Guru Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away...
9-19-2022 Newshound Guru Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
9-19-2022 Intel Guru MarkZ [via PDK] Guru Mnt Goat post quote: "...It may take until the end of the year to catch up so don’t expect anything until at least January 2023..." I am still looking for much sooner than that but, isn’t it nice everybody is agreeing that things are lining up? I still think September...A lot of chatter and research is pointing to the end of this month…My guess is this month... I think this week is going to be huge.
9-19-2022 Newshound Guru Breitling Inside Iraqi the Sunni and Shia want to expand their markets and their markets are in the west. Russia and China are not expanding, they're shrinking...the average person out there knows if I'm going to sell something I want as many customers as possible. That is what Iraq is looking at...That's all they're looking at nothing more than that. So it's all positive news coming out of Iraq for the Iraqi dinar.
9-19-2022 Intel Guru Frank26 Question: "When the ATMs start spitting out cash and the satellite banks open are we still waiting on the reforms?" We're waiting on the reforms. Actually we're waiting for when the government sits. Then they'll show you a budget that has the white papers that contains a new exchange rate...
9-19-2022 Intel Guru MarkZ [via PDK] BIG Rumors that Iraq is looking at joining BRICS. I want to tell you that no matter where you are at…there is no chance you will be kept from exchanging dinar. You do not have to worry about it - even if they join BRICS …everyone will still be able to exchange. On the world stage-you cannot pick and choose who gets to exchange…everyone will be able to exchange…. The way this will work. BRICS was designed as a way of forcing the reset. CIPS was formed as an alternative to the SWIFT system. They want to force the reset and it is working like a charm...Some news articles are clear signs of our impending revaluation…
9-18-2022 Intel Guru Frank26 Article: "Shafak News and "BBC" sign a partnership contract, the first of its kind in Iraq" IRANIAN CONTROLLED MEDIA IN IRAQ... MOVE OVER Quote: "Shafaq News Agency and the prestigious British "BBC News Arabic" network signed a partnership agreement, the first of its kind for a media-journalistic organization, in Iraq."
9-18-2022 Newshound Guru Clare "These rights are used to settle payments between member countries...Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4)...which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability..." [Post 2 of 2]
9-18-2022 Newshound Guru Clare Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" Quote: "This reserve consists of: Foreign exchange papers...Which is estimated at more than (85) billion dollars. [2nd] Gold...is in the form of bullion or coins in the vaults of the International Monetary Fund...As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund..." [Post 1 of 2....stay tuned]
9-18-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" This is great news for Iraq but can you imagine had they had a government formed where they be today? Having a strong economy is a huge part of them revaluing the Iraqi dinar. The other two steps are still moving forward which is the accumulation of gold and the accumulation of foreign currency access...those will just help strengthen the dinar...congrats to Iraq despite the fact that they're in political chaos and they still manage to do very well economically.
9-18-2022 Guest Guru BobTheTaxMan I get a lot of inquiries about this...money they've [Congress - Inflation Reduction Act] put into the...IRS. You're always going to have the rhetoric of 'they're going to strip you of this or that or whatever'. That's all total absolute bull...The software that they've been using for this massive job...is 1960's stuff...they need to get themselves back up to par...because when you get an invalid system...that's when you don't have a satisfactory result...I assure you this shot that goes into the IRS is going to be a benefit...lay aside your fears about what is going to happen with the IRS.
9-18-2022 Newshound Guru Samson Article: "Al-Kazemi will fly to America tomorrow" "Al-Kazemi will hold meetings with a number of world leaders, led by US President Joe Biden."
9-18-2022 Intel Guru Frank26 Question: "Can we exchange in the CBI satellite banks?" You can exchange it into American dollars...you can take your Iraq dinars to these satellite banks. They will exchange them into the new small category notes which I don't think you want...you'll want the American dollar because you live in America. What are you going to do with the Iraqi dinar in America? You're going to go to Walmart? What are you going to buy? Nothing. You have to use American dollars.
9-18-2022 Intel Guru MarkZ [via PDK] My sources on the ground in Iraq were very quiet this weekend...the bankers are still at the edge of their seats and prepared…. They have to be…Not exactly like the “boy who cried wolf” but, they need to be ready no matter when it goes...
9-18-2022 Newshound Guru Pimpy [Response to Guru Nader's Question below.] Nader put out a video asking some questions about the CBI and the fact that they sold 1.2 billion in Forex last week. It was a legitimate question...they're not selling the Iraqi dinar, they're selling their foreign currencies. Remember...now they're holding $85 billion worth. That's important because the more you hold of different countries' currencies the more you're able to protect your own currency. At times when you need to you could sell other foreign currencies to help increase the value of your currency...It's not the dinar on Forex they're just talking about all their foreign currencies...Iraqi dinar is not being bought and sold on Forex. Not yet.
9-18-2022 Newshound Guru Samson Article: "America's strategic oil reserves fall to their lowest level since 1984" Quote: "US President Joe Biden set out in March a plan to release one million barrels per day over six months from the Strategic Petroleum Reserve to overcome high fuel prices in the United States that contributed to sharp increases in inflation. Energy Secretary Jennifer Granholm told Reuters last week that the Biden administration was considering the need for more releases from the petroleum reserve after the current program expires in October..."
9-18-2022 Guru Nader From The Mid East Article: "CBI sold +1.2 billion in forex last week". This has got me confused a little bit...Says CBI sold 1.2 billion on Forex last week...I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?...somebody please explain it to me because I don't get it. [Stay tuned as the other gurus and community chime in on this interesting news story...]
9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time...
9-18-2022 Newshound Guru Clare "These rights are used to settle payments between member countries...Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4)...which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability..." [Post 2 of 2]
9-18-2022 Newshound Guru Clare Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" Quote: "This reserve consists of: Foreign exchange papers...Which is estimated at more than (85) billion dollars. [2nd] Gold...is in the form of bullion or coins in the vaults of the International Monetary Fund...As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund..." [Post 1 of 2....stay tuned]
9-18-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" This is great news for Iraq but can you imagine had they had a government formed where they be today? Having a strong economy is a huge part of them revaluing the Iraqi dinar. The other two steps are still moving forward which is the accumulation of gold and the accumulation of foreign currency access...those will just help strengthen the dinar...congrats to Iraq despite the fact that they're in political chaos and they still manage to do very well economically.
9-18-2022 Guest Guru BobTheTaxMan I get a lot of inquiries about this...money they've [Congress - Inflation Reduction Act] put into the...IRS. You're always going to have the rhetoric of 'they're going to strip you of this or that or whatever'. That's all total absolute bull...The software that they've been using for this massive job...is 1960's stuff...they need to get themselves back up to par...because when you get an invalid system...that's when you don't have a satisfactory result...I assure you this shot that goes into the IRS is going to be a benefit...lay aside your fears about what is going to happen with the IRS.
9-18-2022 Newshound Guru Samson Article: "Al-Kazemi will fly to America tomorrow" "Al-Kazemi will hold meetings with a number of world leaders, led by US President Joe Biden."
9-18-2022 Intel Guru Frank26 Question: "Can we exchange in the CBI satellite banks?" You can exchange it into American dollars...you can take your Iraq dinars to these satellite banks. They will exchange them into the new small category notes which I don't think you want...you'll want the American dollar because you live in America. What are you going to do with the Iraqi dinar in America? You're going to go to Walmart? What are you going to buy? Nothing. You have to use American dollars.
9-18-2022 Intel Guru MarkZ [via PDK] My sources on the ground in Iraq were very quiet this weekend...the bankers are still at the edge of their seats and prepared…. They have to be…Not exactly like the “boy who cried wolf” but, they need to be ready no matter when it goes...
9-18-2022 Newshound Guru Pimpy [Response to Guru Nader's Question below.] Nader put out a video asking some questions about the CBI and the fact that they sold 1.2 billion in Forex last week. It was a legitimate question...they're not selling the Iraqi dinar, they're selling their foreign currencies. Remember...now they're holding $85 billion worth. That's important because the more you hold of different countries' currencies the more you're able to protect your own currency. At times when you need to you could sell other foreign currencies to help increase the value of your currency...It's not the dinar on Forex they're just talking about all their foreign currencies...Iraqi dinar is not being bought and sold on Forex. Not yet.
9-18-2022 Newshound Guru Samson Article: "America's strategic oil reserves fall to their lowest level since 1984" Quote: "US President Joe Biden set out in March a plan to release one million barrels per day over six months from the Strategic Petroleum Reserve to overcome high fuel prices in the United States that contributed to sharp increases in inflation. Energy Secretary Jennifer Granholm told Reuters last week that the Biden administration was considering the need for more releases from the petroleum reserve after the current program expires in October..."
9-18-2022 Guru Nader From The Mid East Article: "CBI sold +1.2 billion in forex last week". This has got me confused a little bit...Says CBI sold 1.2 billion on Forex last week...I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?...somebody please explain it to me because I don't get it. [Stay tuned as the other gurus and community chime in on this interesting news story...]
9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time...
9-17-2022 Newshound/Intel Guru Mnt Goat I know for many of you things seems hopeless for your investment. But I can assure you they are not hopeless. We will see a major shift soon in the USA and this will impact the foreign policy of the USA towards Iraq . It may take until the end of the year to catch up so don’t expect anything until at least January 2023...Things are going to change and the future is very bright for Iraq.
9-17-2022 Intel Guru Frank26 The generation that's there for the last 20 years they've never seen a currency of their own. The generation before them 30-40 years old don't even live in Iraq . They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It'll be a currency hub Iraq - Baghdad . Everybody knows. The Middle East knows it...
9-17-2022 Newshound Guru Samson Article "Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country" Quote "Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."
9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it's in it. But I don't know what's the rate. The rate is in it...
9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: "The new lower denominations that we are looking for are not yet in circulation." ] [reference Mnt Goat post 9-16-2022] ...I am told they exist by a number of folks that work in the finance ministry..
9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country's currency exchange rate is never a random act. It's based on economic growth, GDP, etc. Only with the success and growth of Iraq's economy can the dinar go up in value.
9-17-2022 Newshound Guru Pimpy We're closer now than ever before to a civil war over there in Iraq... Article: "Iraq is Nearing the Brink of a Shiite Civil War" ...until all this crap is settled you're not going to see any changes whatsoever in the Iraqi dinar. We see they've done a lot of great things for the Iraqi dinar - more gold. More foreign currency asset buildup but if they're going to have a civil war, the country is going to be unstable. This is not good.
9-17-2022 Intel Guru Frank26 Article: "High foreign reserves of the Central Bank of Iraq" yeah! Very high! ...because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.
9-17-2022 Newshound Guru Samson Article: "The World Council: Iraq is among the Arab countries with the most gold reserves" Quote: "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."
9-17-2022 Intel Guru Frank26 The generation that's there for the last 20 years they've never seen a currency of their own. The generation before them 30-40 years old don't even live in Iraq . They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It'll be a currency hub Iraq - Baghdad . Everybody knows. The Middle East knows it...
9-17-2022 Newshound Guru Samson Article "Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country" Quote "Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."
9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it's in it. But I don't know what's the rate. The rate is in it...
9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: "The new lower denominations that we are looking for are not yet in circulation." ] [reference Mnt Goat post 9-16-2022] ...I am told they exist by a number of folks that work in the finance ministry..
9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country's currency exchange rate is never a random act. It's based on economic growth, GDP, etc. Only with the success and growth of Iraq's economy can the dinar go up in value.
9-17-2022 Newshound Guru Pimpy We're closer now than ever before to a civil war over there in Iraq... Article: "Iraq is Nearing the Brink of a Shiite Civil War" ...until all this crap is settled you're not going to see any changes whatsoever in the Iraqi dinar. We see they've done a lot of great things for the Iraqi dinar - more gold. More foreign currency asset buildup but if they're going to have a civil war, the country is going to be unstable. This is not good.
9-17-2022 Intel Guru Frank26 Article: "High foreign reserves of the Central Bank of Iraq" yeah! Very high! ...because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.
9-17-2022 Newshound Guru Samson Article: "The World Council: Iraq is among the Arab countries with the most gold reserves" Quote: "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."
9-16-2022 Intel Guru MarkZ [via PDK] ...the chatter is saying it could happen at ”any moment”…but contacts really aren’t talking. Over the last few days I’ve been hearing “We have an NDA now-we can’t talk. Things are on schedule”... Well I don’t know what the schedule is so I am as frustrated as you are. But, that is what I am getting... I believe it’s going to be an
interesting few days.
9-16-2022 Intel Guru Bruce [via WiserNow] And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency. Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend. Let's see what happens. [post 2 of 2]
9-16-2022 Intel Guru Bruce [via WiserNow] Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend. [post 1 of 2....stay tuned]
9-16-2022 Intel Guru Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.
9-16-2022 Newshound Guru Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time. [Post 2 of 2]
9-16-2022 Newshound Guru Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float. [Post 1 of 2....stay tuned]
9-16-2022 Newshound Guru Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs"
9-16-2022 Newshound Guru Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...
9-16-2022 Newshound/Intel Guru Mnt Goat The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.
9-16-2022 Intel Guru Frank26 Article: "The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2022" Part of that meeting was to tell the two gentlemen [Guru Walkingstick's satellite bank contacts] and many other gentleman, we need you to train the satellite employees now because we've got the ones in Iraq trained. The ones all around the world need to be trained...the two gentlemen were going to stick around [The U.S.] for 6 weeks. That's why they're still here...
9-16-2022 Intel Guru MarkZ [via PDK] I am looking from the 20th to the Oct 1st…but there are a lot of group leaders looking at tonight [Thursday] into tomorrow. I hope they are right and I am wrong. Nobody knows the exact timing…the chatter from the groups today has been fantastic. They are keyed up for “any moment” right now.
interesting few days.
9-16-2022 Intel Guru Bruce [via WiserNow] And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency. Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend. Let's see what happens. [post 2 of 2]
9-16-2022 Intel Guru Bruce [via WiserNow] Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend. [post 1 of 2....stay tuned]
9-16-2022 Intel Guru Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.
9-16-2022 Newshound Guru Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time. [Post 2 of 2]
9-16-2022 Newshound Guru Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float. [Post 1 of 2....stay tuned]
9-16-2022 Newshound Guru Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs"
9-16-2022 Newshound Guru Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...
9-16-2022 Newshound/Intel Guru Mnt Goat The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.
9-16-2022 Intel Guru Frank26 Article: "The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2022" Part of that meeting was to tell the two gentlemen [Guru Walkingstick's satellite bank contacts] and many other gentleman, we need you to train the satellite employees now because we've got the ones in Iraq trained. The ones all around the world need to be trained...the two gentlemen were going to stick around [The U.S.] for 6 weeks. That's why they're still here...
9-16-2022 Intel Guru MarkZ [via PDK] I am looking from the 20th to the Oct 1st…but there are a lot of group leaders looking at tonight [Thursday] into tomorrow. I hope they are right and I am wrong. Nobody knows the exact timing…the chatter from the groups today has been fantastic. They are keyed up for “any moment” right now.
9-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Saleh is on TV says our cash reserves will be over $100 billion and that's the most ever in our history. He said he got that from the governor of the CBI and he said that money has to be used to advance Iraq . It's for investment and to grow. FRANK: Saleh is telling the citizens of Iraq your currency has value. It's going to be paying things off. It's going to be well received by the rest of the world...
9-15-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight on the RV front...we are still waiting on the timing... A couple large groups let me know yesterday that things are still moving and to stay confident….
9-15-2022 Newshound Guru Clare Article 1 "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks" Article: 2 "The Central Bank announces international cooperation with Iraqi banks" GREAT ARTICLE! The Central Bank announces international cooperation with Iraqi banks.
9-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One is preparing to return back [to Middle East ]. The other is saying because he has to run the bank that he owns. They're in the process of training the tellers. They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land. Actually he bought a lot of land and he is going to build a home. He has to say here. He has to run that bank. It's serious. They are treating it seriously...
9-15-2022 Newshound/Intel Guru Breitling Let's talk about Iraq and the threat for Iraq to add value or not to add value. Right now they're making a ton of money. They're not worried about it. It doesn't mean they've shelved trying to be Swift compliant and trying to open up their markets to the west. They're still working on that right now.
9-15-2022 Newshound Guru Sandy Ingram Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed. It does not matter who the next president or prime minister is if the laws of the federal court are followed. Iraq will grow financially regardless of the political environment. [Post 2 of 2]
9-15-2022 Newshound Guru Sandy Ingram Article: "Law proposal includes financial aspects and $100 billion reserves expectations" Iraq has never experienced or witnessed this type of growth before. Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year. The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. [Post 1 of 2...stay tuned]
9-15-2022 Newshound Guru Samson Article 1: "Al-Kazemi's advisor : The financial surplus may reach 25 trillion dinars at the end of the year" Quote: "...while noting that the inflation rate rose 10 times due to the change in the exchange rate." Article 2: "Oil pushes Iraq's cash reserves to a historic high" Quote: "The country's reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world..."
9-15-2022 Intel Guru MarkZ [via PDK] Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark...
I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.
9-15-2022 Intel Guru Bruce [via WiserNow] Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East...the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”. That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn't mean the other countries won't have their own currencies - But the golden dinar is recognized as so strong, that it's going to be used as a currency.
9-15-2022 Intel Guru Frank26 A picture of a five Iraqi dinar. Everybody's saying, 'Look there's a new small category note. There is no zeros on there. That's a five.' All you have to do is look at the batch number. Blow it up and you can see the batch number and then you'll know exactly those are from the Saddam/Swiss era...
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video below...] Let's take a look at it...this is a bill...As a collector this is exactly how I'd love to see it - Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this. But that's just it. It's a collectable people. This is from the 1980s. This is not a new bill...(See eBay - Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )...it's a beautiful note. I like the colors but sorry people that is not a new banknote... [Post 2 of 2]
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video shown below] And the crowd goes wild! Apparently a new lower denominated dinar is flying around the dinar community. People are celebrating...If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value. Who knows maybe...1 dinar for 1 U.S. dollar. Maybe 2 U.S. dollars for 1 dinar...if a lower denomination was indeed issued then that would mean that a rate change is coming and that's what everybody's excited about... [Post 1 of 2]
9-15-2022 Guru Nader From The Mid East I just published a video with...the 5 dinar banknote. [see video below] But I don't know if it's the real thing or not. I have no idea. The guy took the video and sent it to me. I was excited to see it...and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023. We'll see what's going on. He's my friend. He's from Iraq. He works in a bank... [Note: Previous guru posts are below the video...]
9-15-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight on the RV front...we are still waiting on the timing... A couple large groups let me know yesterday that things are still moving and to stay confident….
9-15-2022 Newshound Guru Clare Article 1 "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks" Article: 2 "The Central Bank announces international cooperation with Iraqi banks" GREAT ARTICLE! The Central Bank announces international cooperation with Iraqi banks.
9-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One is preparing to return back [to Middle East ]. The other is saying because he has to run the bank that he owns. They're in the process of training the tellers. They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land. Actually he bought a lot of land and he is going to build a home. He has to say here. He has to run that bank. It's serious. They are treating it seriously...
9-15-2022 Newshound/Intel Guru Breitling Let's talk about Iraq and the threat for Iraq to add value or not to add value. Right now they're making a ton of money. They're not worried about it. It doesn't mean they've shelved trying to be Swift compliant and trying to open up their markets to the west. They're still working on that right now.
9-15-2022 Newshound Guru Sandy Ingram Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed. It does not matter who the next president or prime minister is if the laws of the federal court are followed. Iraq will grow financially regardless of the political environment. [Post 2 of 2]
9-15-2022 Newshound Guru Sandy Ingram Article: "Law proposal includes financial aspects and $100 billion reserves expectations" Iraq has never experienced or witnessed this type of growth before. Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year. The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. [Post 1 of 2...stay tuned]
9-15-2022 Newshound Guru Samson Article 1: "Al-Kazemi's advisor : The financial surplus may reach 25 trillion dinars at the end of the year" Quote: "...while noting that the inflation rate rose 10 times due to the change in the exchange rate." Article 2: "Oil pushes Iraq's cash reserves to a historic high" Quote: "The country's reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world..."
9-15-2022 Intel Guru MarkZ [via PDK] Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark...
I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.
9-15-2022 Intel Guru Bruce [via WiserNow] Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East...the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”. That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn't mean the other countries won't have their own currencies - But the golden dinar is recognized as so strong, that it's going to be used as a currency.
9-15-2022 Intel Guru Frank26 A picture of a five Iraqi dinar. Everybody's saying, 'Look there's a new small category note. There is no zeros on there. That's a five.' All you have to do is look at the batch number. Blow it up and you can see the batch number and then you'll know exactly those are from the Saddam/Swiss era...
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video below...] Let's take a look at it...this is a bill...As a collector this is exactly how I'd love to see it - Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this. But that's just it. It's a collectable people. This is from the 1980s. This is not a new bill...(See eBay - Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )...it's a beautiful note. I like the colors but sorry people that is not a new banknote... [Post 2 of 2]
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video shown below] And the crowd goes wild! Apparently a new lower denominated dinar is flying around the dinar community. People are celebrating...If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value. Who knows maybe...1 dinar for 1 U.S. dollar. Maybe 2 U.S. dollars for 1 dinar...if a lower denomination was indeed issued then that would mean that a rate change is coming and that's what everybody's excited about... [Post 1 of 2]
9-15-2022 Guru Nader From The Mid East I just published a video with...the 5 dinar banknote. [see video below] But I don't know if it's the real thing or not. I have no idea. The guy took the video and sent it to me. I was excited to see it...and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023. We'll see what's going on. He's my friend. He's from Iraq. He works in a bank... [Note: Previous guru posts are below the video...]
9-15-2022 Intel/Newshound Guru RVAlready Interesting situation. Sounds more and more that UN will force an agreement for the good of Iraq.
9-14-2022 Newshound Guru Pimpy Article: "America reveals the meeting of 11 embassies to support Iraq" This is the international community coming together to do what they can to squash the issue going on in Iraq. I'm going to be curious to see who it is they support whether it is a Sadrist movement who...wants to make sure that the country is ran by the people. Or are they going to support somebody like Maliki, a corrupt government, which is actually who the New World Order likes to have in power because they're easy to control...
9-14-2022 Intel Guru Bruce [via WiserNow] ...it looks like they're trying to get to...where we get our notifications and our start of exchanges...I'm gonna say any day, we've been told by some sources it's so close. It's extremely close...We know the exchanges are already happening on dinar and other parts of the world - and it's just up to us to get started next... So...I'm pretty excited about all that...so let's see what happens...
9-14-2022 Intel Guru Frank26 Article: "Al-Sadr warns that the crowd and the "brigades" will take over the security of the Arbaeen visit: the consequences may not be dire if this is done" This is the second example you've seen where the leaders of Iraq are preparing the Iraqi citizens for the 17th... [See Guru Frank's post for 9-12-2021 below]
9-14-2022 Newshound Guru Clare Article: "A government advisor clarifies the possibility of submitting a law proposal that includes a financial aspect" Quote: "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency."
9-14-2022 Newshound Guru Breitling If you look at the news for the average person in Iraq it's horrible for them because it's back and forth between the Sunni and Shia. But you and I are not watching what's going on socially in Iraq. That does not dictate how they're going to expand their markets...
9-14-2022 Guru Nader From The Mid East They know Kazemi and Seleh they're gonna stay in power at least for another year.
9-14-2022 Newshound Guru Samson Articles: 1. "A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals" 2. "America reveals the meeting of 11 embassies to support Iraq" Quote: "We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq,..."
9-14-2022 Intel Guru MarkZ [via PDK] ...The news is giving us clear indicators that the necessity is now for a reset. Not weeks from now…not months from now…not years from now…but days at the most…the news all over the world is pointing to this happening at “any moment” ...but there is very little to nothing coming out of Iraq and redemption centers…
9-14-2022 Newshound Guru Pimpy Article: "The governor of the Central Bank Discusses With The European Union The File of The Iraqi Economy" Quote: "The ambassador of the European Union praised the efforts of the central bank to remove Iraq from the European list of high-risk countries..." So they're still on the list and we will see articles from time to time in which Iraq is doing all the steps necessary to make sure they're removed from the list...
9-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties" Behold the birth of the international stable Iraqi dinar...what does it say that I love so much? The governor of the Central Bank of Iraq tells the citizens of Iraq "Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks" ...this is amazing!
9-14-2022 Newshound/Intel Guru Mnt Goat So as foreign investors in the Iraqi dinar we sit and we wait to see what happens in the conclusion of this ongoing election saga. ...you can clearly see that it is Nori al-Maliki who is keeping the issue of the president and the prime minister unresolved. He is the key to settling this election... He is the bottleneck...The World Bank tells us it is ready to support the reforms as in the White Paper. We know what this means but Iraq needs a government to do move ahead.
9-14-2022 Intel Guru Bruce [via WiserNow] ...it looks like they're trying to get to...where we get our notifications and our start of exchanges...I'm gonna say any day, we've been told by some sources it's so close. It's extremely close...We know the exchanges are already happening on dinar and other parts of the world - and it's just up to us to get started next... So...I'm pretty excited about all that...so let's see what happens...
9-14-2022 Intel Guru Frank26 Article: "Al-Sadr warns that the crowd and the "brigades" will take over the security of the Arbaeen visit: the consequences may not be dire if this is done" This is the second example you've seen where the leaders of Iraq are preparing the Iraqi citizens for the 17th... [See Guru Frank's post for 9-12-2021 below]
9-14-2022 Newshound Guru Clare Article: "A government advisor clarifies the possibility of submitting a law proposal that includes a financial aspect" Quote: "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency."
9-14-2022 Newshound Guru Breitling If you look at the news for the average person in Iraq it's horrible for them because it's back and forth between the Sunni and Shia. But you and I are not watching what's going on socially in Iraq. That does not dictate how they're going to expand their markets...
9-14-2022 Guru Nader From The Mid East They know Kazemi and Seleh they're gonna stay in power at least for another year.
9-14-2022 Newshound Guru Samson Articles: 1. "A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals" 2. "America reveals the meeting of 11 embassies to support Iraq" Quote: "We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq,..."
9-14-2022 Intel Guru MarkZ [via PDK] ...The news is giving us clear indicators that the necessity is now for a reset. Not weeks from now…not months from now…not years from now…but days at the most…the news all over the world is pointing to this happening at “any moment” ...but there is very little to nothing coming out of Iraq and redemption centers…
9-14-2022 Newshound Guru Pimpy Article: "The governor of the Central Bank Discusses With The European Union The File of The Iraqi Economy" Quote: "The ambassador of the European Union praised the efforts of the central bank to remove Iraq from the European list of high-risk countries..." So they're still on the list and we will see articles from time to time in which Iraq is doing all the steps necessary to make sure they're removed from the list...
9-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties" Behold the birth of the international stable Iraqi dinar...what does it say that I love so much? The governor of the Central Bank of Iraq tells the citizens of Iraq "Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks" ...this is amazing!
9-14-2022 Newshound/Intel Guru Mnt Goat So as foreign investors in the Iraqi dinar we sit and we wait to see what happens in the conclusion of this ongoing election saga. ...you can clearly see that it is Nori al-Maliki who is keeping the issue of the president and the prime minister unresolved. He is the key to settling this election... He is the bottleneck...The World Bank tells us it is ready to support the reforms as in the White Paper. We know what this means but Iraq needs a government to do move ahead.
9-13-2022 Intel Guru Frank26 Article: "Barzani's party reveals an international move to stop the possible armed conflict after the forty" Who told you about the 17th? ...Is there anybody that talks about the 17th? No. [Frank26's boots on the ground contract reported last week that Sadr warned if the parliament was not dissolved by the 17th it would be doomsday - See Frank's post 9-9-2022] ...I don't think we're going to have the conflict that we're looking for on the 17th going into the 18th.
9-13-2022 Guru Nader From The Mid East Next week they'll come out and say, 'Hey the reserve it's at 90-95 billion now.' Be ready for that too. The gold is going to go up by next week too...
9-13-2022 Newshound Guru Breitling You've got to get it out of your head that there's a group in Iraq somewhere that doesn't want them to revalue their currency...which countries would not want Iraq to get into the Swift system? That would be Russia and China. So if there's any negative news I haven't seen any of it. The dinar crowd is so small, Russia and China hasn't put any effort or money into degrading Iraq's chances...
9-13-2022 Intel Guru MarkZ [via PDK] [Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference Guru Nader From The Mid East post 9-12-2022 below.] Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.
9-13-2022 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.
9-13-2022 Newshound Guru Sandy Ingram Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...
9-13-2022 Newshound Guru Pimpy Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]
9-13-2022 Newshound Guru Pimpy Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar. I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget. That hasn't changed. They were well on their way of starting to build the private and public sectors until this mess happened. [Post 1 of 2....stay tuned]
9-13-2022 Intel Guru MarkZ [via PDK] Many more reports tier 3...folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq. Article: “The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy” We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.
9-13-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
9-13-2022 Newshound Guru Samson Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries" Quote: "...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly."
9-13-2022 Intel Guru MarkZ [via PDK] We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
9-13-2022 Guru Nader From The Mid East Next week they'll come out and say, 'Hey the reserve it's at 90-95 billion now.' Be ready for that too. The gold is going to go up by next week too...
9-13-2022 Newshound Guru Breitling You've got to get it out of your head that there's a group in Iraq somewhere that doesn't want them to revalue their currency...which countries would not want Iraq to get into the Swift system? That would be Russia and China. So if there's any negative news I haven't seen any of it. The dinar crowd is so small, Russia and China hasn't put any effort or money into degrading Iraq's chances...
9-13-2022 Intel Guru MarkZ [via PDK] [Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference Guru Nader From The Mid East post 9-12-2022 below.] Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.
9-13-2022 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.
9-13-2022 Newshound Guru Sandy Ingram Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...
9-13-2022 Newshound Guru Pimpy Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]
9-13-2022 Newshound Guru Pimpy Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar. I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget. That hasn't changed. They were well on their way of starting to build the private and public sectors until this mess happened. [Post 1 of 2....stay tuned]
9-13-2022 Intel Guru MarkZ [via PDK] Many more reports tier 3...folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq. Article: “The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy” We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.
9-13-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
9-13-2022 Newshound Guru Samson Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries" Quote: "...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly."
9-13-2022 Intel Guru MarkZ [via PDK] We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
9-12-2022 Newshound Guru Pimpy Article: "Iraqi gold reserves rise to 131 tons" We're seeing Iraq increase their gold holdings more and more. This only strengthens the currency...it's nice to see Iraq increase their reserves. It's nice to see Iraq increase their gold holdings. Both do a great job of strengthening the Iraqi dinar so that when they finally go to make the exchange rate change they will be protected. But until that country is stable that's not going to happen.
9-12-2022 Intel Guru MarkZ [via PDK] Today you saw Nader talk about banks in Europe accepting dinar... [reference Guru Nader post 9-12-22] Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two. When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…that is what we are watching.
9-12-2022 Newshound Guru Sandy Ingram Article: "Roads, border jammed as millions of Iranian pilgrims head to Iraq" We are learning that tourism is providing a vast amount of income for Iraq...
9-12-2022 Intel Guru Frank26 I told you our government is roaming the surface of all 50 states looking to devour you. Whatever it takes. Women, children, grand parents, grand old people doesn't matter. This is a monster machine that is going to be released...you got to get ready. You think winning the lottery is easy? It's the most stressful thing you could ever go through... you need to be ready because they're coming after you to destroy you. You don't think they know about Iraq? You don't think they know how many citizens of America have dinars? ... they got 80,000 [New IRS agents] to go after you... [Note: Consult your tax professionals to determine your taxes based on your unique circumstances.]
9-12-2022 Newshound Guru Samson Article: "The highest since 2003.. the Iraqi Central announces a rise in foreign reserves" Quote: "its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003...Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."
9-12-2022 Intel Guru MarkZ [via PDK] I do not have a positive confirmation yet though. I am hearing it from multiple sources...So far I am getting is folks saying they can’t tell me…they are under an NDA...it is going to be minute to minute over the next couple of days as we try to determine what is moving and what is not moving. I think it’s exciting though that we are getting this many reports...this is getting fun because the chatter is unreal. [post 2 of 2]
9-12-2022 Intel Guru MarkZ [via PDK] Iraq continues to progress...We are getting reports...that they have started paying out some deals with Iraqi dinar...this morning in Europe...They could be pre-buys....aggregators that are grabbing them up …saying (example) I will give you $3.61 (example) because they know it could be over $4 (example) then the aggregators make more profit when it resets…So it could be something like that…to me that is most likely what we are seeing…Those deals are perfectly legal... [post 1 of 2....stay tuned]
9-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One of the two gentlemen are staying permanently. He is looking for a house to buy in the state where he is putting his [CBI satellite] bank...These two gentlemen are not unique. There are IMO at least 10 more gentlemen doing the same thing with other nations' banks... there are going to be many blessed Iraqis abroad.
9-12-2022 Guru Nader From The Mid East I don't know if you saw the news this morning...they start exchanging money with the European countries. That mean you can walk to France or Germany or Italy, any European country and exchange your dinar. The bank in Europe soon will be accepting it. If they come out with this news 'we plan to develop something with European Union.' That means they already did it and they're just waiting for the execution...
9-12-2022 Newshound Guru Pimpy Article: "Kushner: Al-Abadi asked for US protection in exchange for money" I don't know how to even digest what is going said here...Kushner this is Donald Trump's son-in-law...and advisor..."revealed in his memoirs Breaking History...they could get 20% of Iraq's oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that..." ....
9-12-2022 Intel Guru MarkZ [via PDK] Today you saw Nader talk about banks in Europe accepting dinar... [reference Guru Nader post 9-12-22] Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two. When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…that is what we are watching.
9-12-2022 Newshound Guru Sandy Ingram Article: "Roads, border jammed as millions of Iranian pilgrims head to Iraq" We are learning that tourism is providing a vast amount of income for Iraq...
9-12-2022 Intel Guru Frank26 I told you our government is roaming the surface of all 50 states looking to devour you. Whatever it takes. Women, children, grand parents, grand old people doesn't matter. This is a monster machine that is going to be released...you got to get ready. You think winning the lottery is easy? It's the most stressful thing you could ever go through... you need to be ready because they're coming after you to destroy you. You don't think they know about Iraq? You don't think they know how many citizens of America have dinars? ... they got 80,000 [New IRS agents] to go after you... [Note: Consult your tax professionals to determine your taxes based on your unique circumstances.]
9-12-2022 Newshound Guru Samson Article: "The highest since 2003.. the Iraqi Central announces a rise in foreign reserves" Quote: "its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003...Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."
9-12-2022 Intel Guru MarkZ [via PDK] I do not have a positive confirmation yet though. I am hearing it from multiple sources...So far I am getting is folks saying they can’t tell me…they are under an NDA...it is going to be minute to minute over the next couple of days as we try to determine what is moving and what is not moving. I think it’s exciting though that we are getting this many reports...this is getting fun because the chatter is unreal. [post 2 of 2]
9-12-2022 Intel Guru MarkZ [via PDK] Iraq continues to progress...We are getting reports...that they have started paying out some deals with Iraqi dinar...this morning in Europe...They could be pre-buys....aggregators that are grabbing them up …saying (example) I will give you $3.61 (example) because they know it could be over $4 (example) then the aggregators make more profit when it resets…So it could be something like that…to me that is most likely what we are seeing…Those deals are perfectly legal... [post 1 of 2....stay tuned]
9-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One of the two gentlemen are staying permanently. He is looking for a house to buy in the state where he is putting his [CBI satellite] bank...These two gentlemen are not unique. There are IMO at least 10 more gentlemen doing the same thing with other nations' banks... there are going to be many blessed Iraqis abroad.
9-12-2022 Guru Nader From The Mid East I don't know if you saw the news this morning...they start exchanging money with the European countries. That mean you can walk to France or Germany or Italy, any European country and exchange your dinar. The bank in Europe soon will be accepting it. If they come out with this news 'we plan to develop something with European Union.' That means they already did it and they're just waiting for the execution...
9-12-2022 Newshound Guru Pimpy Article: "Kushner: Al-Abadi asked for US protection in exchange for money" I don't know how to even digest what is going said here...Kushner this is Donald Trump's son-in-law...and advisor..."revealed in his memoirs Breaking History...they could get 20% of Iraq's oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that..." ....
9-11-2022 Intel Guru Frank26 And you say to them, 'I'd like to convert thees 3-zero Iraqi notes into American dollar please.' - 'Oh, we can do that! That's what we're here for.' Once they take your 3-zero notes where will the satellite bank of Iraq send those 3-zero notes? It goes to the Central Bank of Iraq. It goes to their reserves. It goes to their treasury. It does not go the US Treasury because it is not an American bank. [Post 2 of 2]
9-11-2022 Intel Guru Frank26 [Exchange Example] If you as an American citizen go to Bank of America and they exchange your 3 zero Iraqi notes for American dollars into your account where does the BOA put your 3-zero notes they just exchanged? Where does it go? The treasury. Let's say you go into one of those [CBI] satellite banks for Iraq here in one of the continental states... [Post 1 of 2]
9-11-2022 Newshound Guru Militiaman ...We all know that the IQD will likely fall within a basket at the AMF...The BUNA article today supports that within 2-3 weeks there will be more currencies going on-line with it...Once the IQD with an international calculation is applied and it is 100% IMF Article VIII compliant and placed into the basket...that value will be reflected in the balance sheets of the the other countries that have IQD...
9-11-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you deposit both American dollars and Iraqi dinar in those [CBI 'Satellite' US] banks? No. I told you they're under American banking laws. You can't have dual currencies in one account in an American bank.
9-11-2022 Newshound Guru Sandy Ingram It appears the US is on the hook for returning Iraq to its previous status of glory. Yet there are factions in Iraq working against Iraq's status as an independent nation... U.S. assistant Secretary of State for middle eastern affairs Barbara Leaf...did fly into Baghdad to meet with the Prime Minister of Iraq.... [Post 2 of 2]
9-11-2022 Newshound Guru Sandy Ingram Here's what you may want to understand as an Iraqi dinar investor. There is an official on the books agreement signed between the United States government and the Iraqi government...it went into effect Jan 1, 2009. This agreement surrounds the process by which Iraq is to recover its full sovereignty. [Post 1 of 2....stay tuned]
9-11-2022 Newshound/Intel Guru Breitling The Shia aren't against that. The Sunni aren't against that. They're just trying to find out who is going to control it...the turmoil going on in Iraq is not a threat to them adding value to the Iraqi dinar because...what they want to be able to do is expand their market. To expand it they need to be able to have more customers. How do you have more customers? You got to have a payment system and that payment system is the Swift system. That is what Iraq is concentrating on. They haven't gone backwards they've only gone forwards. [Post 2 of 2]
9-11-2022 Newshound/Intel Guru Breitling Iraq is trying to expand their markets. How do we know Iraq is trying to expand their markets and they're pro west? ...they're trying to become Swift compliant. That means they'll have access to western markets...It only makes sense to become swift compliant if you have your own currency with value behind it...What does that technically mean? It means Iraq has their own currency... [Post 1 of 2....stay tuned]
9-11-2022 Newshound Guru Pimpy This stalemate seems to have no end in sight. You keep seeing articles where they're saying Sadr alliance group wants to go ahead and form the government and then in other articles they say they're not budging. They keep saying they're going to apply the constitution but the constitution...has caused this deadlock...Sadr said he and his block would retire for one purpose and one purpose only and that would be to dissolve the parliament...
9-11-2022 Newshound Guru Samson [Behind the curtain report] Article: "Kushner: Al-Abadi asked for US protection in exchange for money" Quote: "Jared Kushner, revealed that former Iraqi Prime Minister Haider al-Abadi expressed, in a meeting between them, during a visit to Iraq...his willingness to "give some money in exchange for protection that provided by the United States,”...Kushner revealed in his memoir “Breaking History,” which was released in late August, that they could “get 20% of Iraqi oil revenues, in exchange for providing military support to Iraq,” but the Ministries of Foreign Affairs and Defense prevented that."
9-11-2022 Intel Guru Michael Cottrell [via PDK] I have been hearing things from the military side...that is very exciting but, I am cautious. I have seen this before. I am trying not to get overly excited.
9-11-2022 Intel Guru Frank26 [Exchange Example] If you as an American citizen go to Bank of America and they exchange your 3 zero Iraqi notes for American dollars into your account where does the BOA put your 3-zero notes they just exchanged? Where does it go? The treasury. Let's say you go into one of those [CBI] satellite banks for Iraq here in one of the continental states... [Post 1 of 2]
9-11-2022 Newshound Guru Militiaman ...We all know that the IQD will likely fall within a basket at the AMF...The BUNA article today supports that within 2-3 weeks there will be more currencies going on-line with it...Once the IQD with an international calculation is applied and it is 100% IMF Article VIII compliant and placed into the basket...that value will be reflected in the balance sheets of the the other countries that have IQD...
9-11-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you deposit both American dollars and Iraqi dinar in those [CBI 'Satellite' US] banks? No. I told you they're under American banking laws. You can't have dual currencies in one account in an American bank.
9-11-2022 Newshound Guru Sandy Ingram It appears the US is on the hook for returning Iraq to its previous status of glory. Yet there are factions in Iraq working against Iraq's status as an independent nation... U.S. assistant Secretary of State for middle eastern affairs Barbara Leaf...did fly into Baghdad to meet with the Prime Minister of Iraq.... [Post 2 of 2]
9-11-2022 Newshound Guru Sandy Ingram Here's what you may want to understand as an Iraqi dinar investor. There is an official on the books agreement signed between the United States government and the Iraqi government...it went into effect Jan 1, 2009. This agreement surrounds the process by which Iraq is to recover its full sovereignty. [Post 1 of 2....stay tuned]
9-11-2022 Newshound/Intel Guru Breitling The Shia aren't against that. The Sunni aren't against that. They're just trying to find out who is going to control it...the turmoil going on in Iraq is not a threat to them adding value to the Iraqi dinar because...what they want to be able to do is expand their market. To expand it they need to be able to have more customers. How do you have more customers? You got to have a payment system and that payment system is the Swift system. That is what Iraq is concentrating on. They haven't gone backwards they've only gone forwards. [Post 2 of 2]
9-11-2022 Newshound/Intel Guru Breitling Iraq is trying to expand their markets. How do we know Iraq is trying to expand their markets and they're pro west? ...they're trying to become Swift compliant. That means they'll have access to western markets...It only makes sense to become swift compliant if you have your own currency with value behind it...What does that technically mean? It means Iraq has their own currency... [Post 1 of 2....stay tuned]
9-11-2022 Newshound Guru Pimpy This stalemate seems to have no end in sight. You keep seeing articles where they're saying Sadr alliance group wants to go ahead and form the government and then in other articles they say they're not budging. They keep saying they're going to apply the constitution but the constitution...has caused this deadlock...Sadr said he and his block would retire for one purpose and one purpose only and that would be to dissolve the parliament...
9-11-2022 Newshound Guru Samson [Behind the curtain report] Article: "Kushner: Al-Abadi asked for US protection in exchange for money" Quote: "Jared Kushner, revealed that former Iraqi Prime Minister Haider al-Abadi expressed, in a meeting between them, during a visit to Iraq...his willingness to "give some money in exchange for protection that provided by the United States,”...Kushner revealed in his memoir “Breaking History,” which was released in late August, that they could “get 20% of Iraqi oil revenues, in exchange for providing military support to Iraq,” but the Ministries of Foreign Affairs and Defense prevented that."
9-11-2022 Intel Guru Michael Cottrell [via PDK] I have been hearing things from the military side...that is very exciting but, I am cautious. I have seen this before. I am trying not to get overly excited.
9-10-2022 Newshound Guru Kaperoni The currency of Iraq the dinar is not a lottery ticket or some arbitrary value. It's based on the economic growth, GDP of the country. You don't change the exchange rate before economic success, you change the exchange rate as a result of economic success.
9-10-2022 Newshound Guru Pimpy I've been evaluating the situation in Iraq and it is a lot worse than we know. It's not just a matter of getting a government formed...there are other things that I see that are extremely positive things that I see that can definitely benefit the Iraqi dinar. It's really sad to see both. The one side of great things happening, things that I think are major steps towards increasing the value of the Iraqi dinar. Then there's a sad part of this and that is really dark shadows moving in and around Iraq...
9-10-2022 Newshound Guru Sandy Ingram Article "Iraq powers agree to work towards snap elections following unrest" Why is this breaking news and what does it have to do with our over 1 million Iraqi dinars I have buried in the backyard? The answer is this. Whoever in in power can either help or hurt the efforts for a revalue, float or whatever Iraq is going to do...Here's what came out of the meeting. They agreed to for a technical committee...with the aim of reaching early elections.
9-10-2022 Newshound Guru Samson Article: "Iraq maintains its 30th rank in the list of major gold hoarders" Quote: "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves."
9-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been without for so long I bet over 50% of the citizens here in Iraq don't even remember the importance of a rate like one to one. It would mean nothing to them until it is explained...everyone here just want 'enough'. To live. To pay bills. To have electricity. To have phones. To make it for their families...Many are calling for a change...We need the international rate change to live to top of expectations. FRANK: I agree...you're going to get there. Sadly you're going through a process that takes time to get there...
9-10-2022 Intel Guru MarkZ [via PDK] I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. [WHALES HAVE VERY, VERY LARGE AMOUNTS OF BONDS AND/OR CURRENCY] But my contacts believe that within the next 7-10 days they will be home with spendable money in their pockets. I am hopeful this is accurate because they are very adamant that this is going to be their timing.
9-10-2022 Newshound Guru Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]
9-10-2022 Newshound Guru Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]
9-10-2022 Newshound/Intel Guru Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI...
9-10-2022 Intel Guru Michael Cottrell [via PDK] [People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing in the Gold Treaty. There are 4 levels. The levels deal with who gets paid first. Countries, institutions, groups. I am at the end of level 3. Once I put the codes in then everyone receives their funds at the same time.
9-10-2022 Newshound Guru Pimpy I've been evaluating the situation in Iraq and it is a lot worse than we know. It's not just a matter of getting a government formed...there are other things that I see that are extremely positive things that I see that can definitely benefit the Iraqi dinar. It's really sad to see both. The one side of great things happening, things that I think are major steps towards increasing the value of the Iraqi dinar. Then there's a sad part of this and that is really dark shadows moving in and around Iraq...
9-10-2022 Newshound Guru Sandy Ingram Article "Iraq powers agree to work towards snap elections following unrest" Why is this breaking news and what does it have to do with our over 1 million Iraqi dinars I have buried in the backyard? The answer is this. Whoever in in power can either help or hurt the efforts for a revalue, float or whatever Iraq is going to do...Here's what came out of the meeting. They agreed to for a technical committee...with the aim of reaching early elections.
9-10-2022 Newshound Guru Samson Article: "Iraq maintains its 30th rank in the list of major gold hoarders" Quote: "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves."
9-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been without for so long I bet over 50% of the citizens here in Iraq don't even remember the importance of a rate like one to one. It would mean nothing to them until it is explained...everyone here just want 'enough'. To live. To pay bills. To have electricity. To have phones. To make it for their families...Many are calling for a change...We need the international rate change to live to top of expectations. FRANK: I agree...you're going to get there. Sadly you're going through a process that takes time to get there...
9-10-2022 Intel Guru MarkZ [via PDK] I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. [WHALES HAVE VERY, VERY LARGE AMOUNTS OF BONDS AND/OR CURRENCY] But my contacts believe that within the next 7-10 days they will be home with spendable money in their pockets. I am hopeful this is accurate because they are very adamant that this is going to be their timing.
9-10-2022 Newshound Guru Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]
9-10-2022 Newshound Guru Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]
9-10-2022 Newshound/Intel Guru Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI...
9-10-2022 Intel Guru Michael Cottrell [via PDK] [People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing in the Gold Treaty. There are 4 levels. The levels deal with who gets paid first. Countries, institutions, groups. I am at the end of level 3. Once I put the codes in then everyone receives their funds at the same time.
9-9-2022 Intel Guru Frank26 Question: [Is Kazemi really coming to the Untied States or is that nonsense?] Kazemi has gone to many different countries that were against him to tell them, 'I am in control of my country. I am in charge of my country.' How many countries has Kazemi gone to? I love the fact that he's saving the best for last. I wish I was a fly on the wall when Kazemi talks to Biden.
9-9-2022 Intel Guru MarkZ [via PDK] It’s quiet on the RV front, but that’s not a negative thing. I got a couple more messages today of more people with NDA’s... I wish I had some overwhelming things to give you…but we are really close.
9-9-2022 Newshound Guru Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage,"
9-9-2022 Newshound Guru Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news...
9-9-2022 Intel Guru Bruce [via WiserNow] Obviously we're looking forward for this to go...We think most of everything we can think of that had needed to happen...Before this goes from what we can tell it's happened. ...the green light from Treasury to Wells Fargo...Yep, it took place...we got confirmation of that...It's been a really good ride and I hope this is the end of it...let's see what develops...through the weekend, could be really a great time for us.
9-9-2022 Newshound Guru Walkingstick [via Frank26] The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that the CBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update below.]
9-9-2022 Intel Guru Michael Cottrell [via PDK] Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept.
9-9-2022 Intel Guru Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2]
9-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign by the 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2....stay tuned]
9-9-2022 Intel Guru MarkZ [via PDK] All my military contacts and all of my DC contacts are downright ecstatic. I know people in groups getting phone calls from the NSA leaning on them to be quiet on timing. Lots of NDA’s rolling through for tier 3 and 4a whales. Nobody yet has any money, but they have not left their locations. Something is close. Everything seems to be coming together in a phenomenal “perfect storm” but we need to manage our expectations. But I am “tentatively” stinking excited though.
9-9-2022 Guru Nader From The Mid East [Corrupting roundup update] In Iraq to keep business going I have to pay every year. I'm not talking about taxes. I'm not talking about permits. I'm talking...you need to get a tax number you have to pay millions of dinars to get it. It doesn't go to the government, it goes to that person who has your papers...otherwise they will not sign them...You will never get your licenses or your tax number or anything like that and you would never start your business. That's what we've been finding out about it...A lot of people saying corruption is everywhere...but you have to have the balls to come out and say it...
9-9-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court says it cannot dissolve parliament" This was a key demand by Shiite leader al-Sadr and his political block. The question is where will the political path lead next.
9-9-2022 Newshound/Intel Guru Mnt Goat On Wednesday...the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives...It is good news...Basically, it is saying they threw the burden to the courts to decide...It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? ...I believe they were waiting for the court to render it decision first. So, will they now act? We wait and see.
9-9-2022 Intel Guru MarkZ [via PDK] It’s quiet on the RV front, but that’s not a negative thing. I got a couple more messages today of more people with NDA’s... I wish I had some overwhelming things to give you…but we are really close.
9-9-2022 Newshound Guru Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage,"
9-9-2022 Newshound Guru Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news...
9-9-2022 Intel Guru Bruce [via WiserNow] Obviously we're looking forward for this to go...We think most of everything we can think of that had needed to happen...Before this goes from what we can tell it's happened. ...the green light from Treasury to Wells Fargo...Yep, it took place...we got confirmation of that...It's been a really good ride and I hope this is the end of it...let's see what develops...through the weekend, could be really a great time for us.
9-9-2022 Newshound Guru Walkingstick [via Frank26] The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that the CBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update below.]
9-9-2022 Intel Guru Michael Cottrell [via PDK] Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept.
9-9-2022 Intel Guru Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2]
9-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign by the 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2....stay tuned]
9-9-2022 Intel Guru MarkZ [via PDK] All my military contacts and all of my DC contacts are downright ecstatic. I know people in groups getting phone calls from the NSA leaning on them to be quiet on timing. Lots of NDA’s rolling through for tier 3 and 4a whales. Nobody yet has any money, but they have not left their locations. Something is close. Everything seems to be coming together in a phenomenal “perfect storm” but we need to manage our expectations. But I am “tentatively” stinking excited though.
9-9-2022 Guru Nader From The Mid East [Corrupting roundup update] In Iraq to keep business going I have to pay every year. I'm not talking about taxes. I'm not talking about permits. I'm talking...you need to get a tax number you have to pay millions of dinars to get it. It doesn't go to the government, it goes to that person who has your papers...otherwise they will not sign them...You will never get your licenses or your tax number or anything like that and you would never start your business. That's what we've been finding out about it...A lot of people saying corruption is everywhere...but you have to have the balls to come out and say it...
9-9-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court says it cannot dissolve parliament" This was a key demand by Shiite leader al-Sadr and his political block. The question is where will the political path lead next.
9-9-2022 Newshound/Intel Guru Mnt Goat On Wednesday...the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives...It is good news...Basically, it is saying they threw the burden to the courts to decide...It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? ...I believe they were waiting for the court to render it decision first. So, will they now act? We wait and see.
9-8-2022 Intel Guru MarkZ [via PDK] The big news today of course is the death of the Queen. So many people are telling me this is our “trigger” event. Hopefully by tomorrow we will have some clarity.
9-8-2022 Newshound Guru Pimpy This is good news. Article "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions.
9-8-2022 Newshound Guru Militiaman Article "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system.
9-8-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran knows and has known for a very long time that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
9-8-2022 Newshound/Intel Guru Breitling I don't see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency. I have not seen one single article, one word come out of the CBI [saying that]...They're always talking about how they're going add value to their currency. [Post 2 of 2]
9-8-2022 Newshound/Intel Guru Breitling This investment hasn't gone negative. It hasn't gone south...your feelings aren't a reality. The reality is Iraq is moving forward and they're going to add value to their currency. What moment? What day? We can only speculate. But don't go down that rabbit hole of, 'It's never going to happen.' It's garbage. It's bull crap. [Post 1 of 2....stay tuned]
9-8-2022 Intel Guru MarkZ [via PDK] Was a quiet night on the RV front. Still being told by my folks on the streets that it’s not nearly the upheaval media is claiming and they are moving quickly with clean-up...We don’t know the exact timing...
9-8-2022 Guru Nader From The Mid East [Fallout from Nader's friend's government officials arrest videos] I'm gonna tell you what's happening to me. I cannot go home. I've been threatened and I have proof...I've been threatened with death. With death, yes. People said, come back to the country they will kill me... The government doesn't want things to get out...they don't want to show all this aggressive arrests...
9-8-2022 Newshound Guru Pimpy The Supreme Court over there is saying they do not have the authority to dissolve parliament...I really do believe there's going to be a bad situation come of all this...the Supreme Court....will not dissolve parliament. They won't allow the president to dissolve parliament, therefore the only people who could dissolve the parliament are the people working in the parliament. Go figure. This is why things are so messed up over there.
9-8-2022 Intel Guru Bruce You know there's a diamond crust about six feet down in Iraq - in the sand. There's a whole six inch crust of diamonds that they found when they're going deeper for oil. Now it's just amazing that the wealth that is in that region...
9-8-2022 Newshound Guru Samson Article: "Iranian Central: Offering the Iraqi dinar to local banks" Quote: "The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday)."
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see a big explanation from the federal court on TV today and it looks like they are not going to dissolve parliament...
9-8-2022 Intel Guru MarkZ [via PDK] ...in Baghdad Today the report is the Supreme court of Iraq has rejected TODAY the lawsuit to dissolve the Iraqi Parliament. Now before you panic…I believe this is a good thing. It forces continuity in the Iraqi government.
9-8-2022 Newshound/Intel Guru Mnt Goat The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution...to decide if it is legal to do so outside of the specific conditions set in the constitution.
9-8-2022 Newshound Guru Pimpy This is good news. Article "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions.
9-8-2022 Newshound Guru Militiaman Article "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system.
9-8-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran knows and has known for a very long time that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
9-8-2022 Newshound/Intel Guru Breitling I don't see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency. I have not seen one single article, one word come out of the CBI [saying that]...They're always talking about how they're going add value to their currency. [Post 2 of 2]
9-8-2022 Newshound/Intel Guru Breitling This investment hasn't gone negative. It hasn't gone south...your feelings aren't a reality. The reality is Iraq is moving forward and they're going to add value to their currency. What moment? What day? We can only speculate. But don't go down that rabbit hole of, 'It's never going to happen.' It's garbage. It's bull crap. [Post 1 of 2....stay tuned]
9-8-2022 Intel Guru MarkZ [via PDK] Was a quiet night on the RV front. Still being told by my folks on the streets that it’s not nearly the upheaval media is claiming and they are moving quickly with clean-up...We don’t know the exact timing...
9-8-2022 Guru Nader From The Mid East [Fallout from Nader's friend's government officials arrest videos] I'm gonna tell you what's happening to me. I cannot go home. I've been threatened and I have proof...I've been threatened with death. With death, yes. People said, come back to the country they will kill me... The government doesn't want things to get out...they don't want to show all this aggressive arrests...
9-8-2022 Newshound Guru Pimpy The Supreme Court over there is saying they do not have the authority to dissolve parliament...I really do believe there's going to be a bad situation come of all this...the Supreme Court....will not dissolve parliament. They won't allow the president to dissolve parliament, therefore the only people who could dissolve the parliament are the people working in the parliament. Go figure. This is why things are so messed up over there.
9-8-2022 Intel Guru Bruce You know there's a diamond crust about six feet down in Iraq - in the sand. There's a whole six inch crust of diamonds that they found when they're going deeper for oil. Now it's just amazing that the wealth that is in that region...
9-8-2022 Newshound Guru Samson Article: "Iranian Central: Offering the Iraqi dinar to local banks" Quote: "The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday)."
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see a big explanation from the federal court on TV today and it looks like they are not going to dissolve parliament...
9-8-2022 Intel Guru MarkZ [via PDK] ...in Baghdad Today the report is the Supreme court of Iraq has rejected TODAY the lawsuit to dissolve the Iraqi Parliament. Now before you panic…I believe this is a good thing. It forces continuity in the Iraqi government.
9-8-2022 Newshound/Intel Guru Mnt Goat The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution...to decide if it is legal to do so outside of the specific conditions set in the constitution.
9-7-2022 *** Dinar Guru History Video Update *** In this video Guest Currency Guru Mark Moss shows the connection between inflation, exchange rates and the central bank's role - the Turkish Lira (21m:05s), German Mark (16m:20s), Gold (16m:26s) and Zimbabwean Dollar (15m:14s & 17m:06s). This lesson highlights the difference between the Iraqi dinar today and these other currencies' situations. It's worth the time if you're interested in the dinar increasing in value. Stay tuned as the gurus chime in with their thougths on the video. The latest guru post will continue under the video...
9-7-2022 Intel Guru Bruce [via WiserNow] ...this is gonna be a great week I believe for us, you guys. Let's stay focused - stay grounded and be ready for just about anything all right.
9-7-2022 Guru Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...
9-7-2022 Intel Guru MarkZ [via PDK] As I shared last night…I had a whole lot of folks in tier 3 reach out to me telling me they just signed new NDA’s. So I think we are very close...on the banking side it’s still pretty quiet... [Why do they have to sign a new NDA?] Most likely because we are close or they know the actual timing or they have been given information on the rate. That’s what makes sense to me... I believe it’s a positive thing and a huge piece of news for us.
9-7-2022 Newshound Guru Pimpy What ever happened to the investigation into Maliki? How come we haven't heard anything about it? Well lo and behold look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done...
9-7-2022 Intel Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.
9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...
9-7-2022 Intel Guru MarkZ [via PDK] Nader posted another big win for Iraq today…Another politician/ bankers getting arrested. This is going on all over Iraq right now which to me is a clear sign they are preparing for the RV... [reference post from Guru Nader From The Mid East below.]
9-7-2022 Newshound Guru Sandy Ingram All central banks exist for the purpose of creating and maintaining stability. Central banks around the world are stability banks whose job it is to keep the economy stable. Thus when Iraq Central Bank has something to say we listen. Right now they are saying transparency is their new M.O. or mode of operation...
9-7-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Wire transfers and money exchange is the goal of the [CBI] satellite banks [being set up around the world] and the third goal is collect as many 3 zeros as possible because these 3 zeros will not go back to the U.S. treasury but go back to the CBI to be destroyed. That's why these satellite banks are so important.
9-7-2022 Newshound Guru Samson Article: "The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision" Quote: "The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament"
9-7-2022 Intel Guru MarkZ [via PDK] ...coming out today “Officially-Iran is offering the Iraqi dinar in its local banks” The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ? In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.
9-7-2022 Newshound Guru MilitiaMan The Judiciary are only now to make recommendations in regard to dissolution... Not decisions like they said in the first place. Hence why the likelihood the UN steps in... There are no coincidences... imo Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. imo
9-7-2022 Guru Nader From The Mid East [His friend's corruption video followup] The problem is you only saw one video...one got arrested but it's like 5 or 6 of them got arrested in the same day and that's a really good thing...they want to give an example. That's what they want to do. That's why they're arresting people like that...this is what's going to happen you if you continue to steal...if you go to government office it's a lot of them like that. 'You have to give me money for me to let stuff go through.'
9-7-2022 Newshound Guru Pimpy The federal court of course once again kicked the can down the road. They're not going to make a decision on this particular situation [Dissolving parliament]...
9-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake.
9-7-2022 Guru Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...
9-7-2022 Intel Guru MarkZ [via PDK] As I shared last night…I had a whole lot of folks in tier 3 reach out to me telling me they just signed new NDA’s. So I think we are very close...on the banking side it’s still pretty quiet... [Why do they have to sign a new NDA?] Most likely because we are close or they know the actual timing or they have been given information on the rate. That’s what makes sense to me... I believe it’s a positive thing and a huge piece of news for us.
9-7-2022 Newshound Guru Pimpy What ever happened to the investigation into Maliki? How come we haven't heard anything about it? Well lo and behold look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done...
9-7-2022 Intel Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.
9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...
9-7-2022 Intel Guru MarkZ [via PDK] Nader posted another big win for Iraq today…Another politician/ bankers getting arrested. This is going on all over Iraq right now which to me is a clear sign they are preparing for the RV... [reference post from Guru Nader From The Mid East below.]
9-7-2022 Newshound Guru Sandy Ingram All central banks exist for the purpose of creating and maintaining stability. Central banks around the world are stability banks whose job it is to keep the economy stable. Thus when Iraq Central Bank has something to say we listen. Right now they are saying transparency is their new M.O. or mode of operation...
9-7-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Wire transfers and money exchange is the goal of the [CBI] satellite banks [being set up around the world] and the third goal is collect as many 3 zeros as possible because these 3 zeros will not go back to the U.S. treasury but go back to the CBI to be destroyed. That's why these satellite banks are so important.
9-7-2022 Newshound Guru Samson Article: "The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision" Quote: "The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament"
9-7-2022 Intel Guru MarkZ [via PDK] ...coming out today “Officially-Iran is offering the Iraqi dinar in its local banks” The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ? In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.
9-7-2022 Newshound Guru MilitiaMan The Judiciary are only now to make recommendations in regard to dissolution... Not decisions like they said in the first place. Hence why the likelihood the UN steps in... There are no coincidences... imo Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. imo
9-7-2022 Guru Nader From The Mid East [His friend's corruption video followup] The problem is you only saw one video...one got arrested but it's like 5 or 6 of them got arrested in the same day and that's a really good thing...they want to give an example. That's what they want to do. That's why they're arresting people like that...this is what's going to happen you if you continue to steal...if you go to government office it's a lot of them like that. 'You have to give me money for me to let stuff go through.'
9-7-2022 Newshound Guru Pimpy The federal court of course once again kicked the can down the road. They're not going to make a decision on this particular situation [Dissolving parliament]...
9-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake.
9-6-2022 Newshound Guru Samson Article: "Iraq is on the "white list" of countries in the fight against money laundering” Quote: "Last Thursday, the European Commission delegation delivered a letter to Prime Minister Mustafa Al-Kazemi, which included removing Iraq from the European Union’s list of countries with high risks in the field of combating money laundering and terrorist financing."
9-6-2022 Intel Guru MarkZ [via PDK] On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s...this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
9-6-2022 Newshound Guru Militiaman Community comment "The US and the UN do not bode well for Iraq and our investment..." I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is...a bad thing, you might better study that a bit deeper...money will trump everything. This is not only about Iraq. Please consider the recent remote meetings...with the largest financial entities in the world this last week...It was about global financial security and that my friend includes Iraq and a basket of currencies in the region...With all the data out there...We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way...
9-6-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world...
9-6-2022 Newshound Guru Kaperoni Only with the success, growth of Iraq's economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn't help matters.
9-6-2022 Newshound Guru Sandy Ingram Article: "Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq" The Central Bank of Iraq is taking a firm & strategic approach...with dealing with international financial organizations in order to restore confidence in international banking transactions...It's important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries...
9-6-2022 Intel Guru Frank26 If we do see the Federal Court passing a law that...dissolves the parliament, get on your horse and buckle it up really good...and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster...
9-6-2022 Intel Guru MarkZ [via PDK] There is really great chatter out of Iraq right now with their intentions...they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI...Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now...there seems to be a concerted push to get that rate out...I believe we are about to see something very positive from the CBI in the very near future...
9-6-2022 Newshound Guru Samson Article: "Soon.. Al-Kazemi to America" Quote: "Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih..."the reason for Al-Kazemi's departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis..."
9-6-2022 Newshound Guru Pimpy Article: "Iraq security official Arrested Over Bribe: Graft Bod" Quote: "The unnamed official was caught red handed receiving the bribe...the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer..." Shout out to [Guru] Nader...definitely got people's attention that's for sure... [Post 2 of 2] [See Guru Nader's post 9-6-2022 below]
9-6-2022 Newshound Guru Pimpy [Referencing Guru Nader's friend's video of government official being arrested.] When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another...I have a feeling this individual is somehow someway linked to Maliki... [Post 1 of 2...stay tuned]
9-6-2022 Newshound/Intel Guru Mnt Goat Article: "FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%" ...for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy...
9-6-2022 Intel Guru MarkZ [via PDK] ...the news broke this weekend... there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
9-6-2022 Newshound Guru Militiaman Article: "The General Secretariat: Automation of outlets has raised the value of revenues for three years" The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
9-6-2022 Intel Guru MarkZ [via PDK] On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s...this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
9-6-2022 Newshound Guru Militiaman Community comment "The US and the UN do not bode well for Iraq and our investment..." I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is...a bad thing, you might better study that a bit deeper...money will trump everything. This is not only about Iraq. Please consider the recent remote meetings...with the largest financial entities in the world this last week...It was about global financial security and that my friend includes Iraq and a basket of currencies in the region...With all the data out there...We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way...
9-6-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world...
9-6-2022 Newshound Guru Kaperoni Only with the success, growth of Iraq's economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn't help matters.
9-6-2022 Newshound Guru Sandy Ingram Article: "Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq" The Central Bank of Iraq is taking a firm & strategic approach...with dealing with international financial organizations in order to restore confidence in international banking transactions...It's important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries...
9-6-2022 Intel Guru Frank26 If we do see the Federal Court passing a law that...dissolves the parliament, get on your horse and buckle it up really good...and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster...
9-6-2022 Intel Guru MarkZ [via PDK] There is really great chatter out of Iraq right now with their intentions...they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI...Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now...there seems to be a concerted push to get that rate out...I believe we are about to see something very positive from the CBI in the very near future...
9-6-2022 Newshound Guru Samson Article: "Soon.. Al-Kazemi to America" Quote: "Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih..."the reason for Al-Kazemi's departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis..."
9-6-2022 Newshound Guru Pimpy Article: "Iraq security official Arrested Over Bribe: Graft Bod" Quote: "The unnamed official was caught red handed receiving the bribe...the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer..." Shout out to [Guru] Nader...definitely got people's attention that's for sure... [Post 2 of 2] [See Guru Nader's post 9-6-2022 below]
9-6-2022 Newshound Guru Pimpy [Referencing Guru Nader's friend's video of government official being arrested.] When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another...I have a feeling this individual is somehow someway linked to Maliki... [Post 1 of 2...stay tuned]
9-6-2022 Newshound/Intel Guru Mnt Goat Article: "FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%" ...for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy...
9-6-2022 Intel Guru MarkZ [via PDK] ...the news broke this weekend... there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
9-6-2022 Newshound Guru Militiaman Article: "The General Secretariat: Automation of outlets has raised the value of revenues for three years" The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
9-5-2022 Newshound Guru Samson Article: "Integrity reveals the details of the arrest of a senior officer in Maysan and calls on citizens to cooperate" Quote: "The Federal Integrity Commission revealed, on Monday, the details of the arrest of a senior officer in one of the security services in Maysan Governorate, red-handed, noting that he "blackmailed citizens and bargained with them", while calling for reporting cases of "bargaining, extortion and bribery." [See Guru Nader's Post below about his friend's video of the arrest.]
9-5-2022 Intel Guru Frank26 Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise". THE CBI IS IN CONTROL OF THE MR WITH BANKS INSIDE OF IRAQ AND OUTSIDE.
9-5-2022 Newshound Guru Sandy Ingram Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill. The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.
9-5-2022 Newshound Guru Pimpy Article: "The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections" They're already on a verge of civil war. They started to go down that path and thanks to Sistani it was stopped. Either they agree to go to early elections or there's no doubt in my mind there is going to be a civil war. There's no other way around it. I don't want that to happen...I think it's the right of the Iraqi people to decide who they want there...
9-5-2022 Newshound Guru MilitiaMan [Reference Samson Article below] What I like about this article is the timing of it and that the bullet point [3] takes us [foreign dinar investors] into consideration. There is also something the economist left out...the money they have destroyed in the past. We had video of them destroying perfectly good large notes...
9-5-2022 Guru Nader From The Mid East My friend made [This "GoPro style" video]...this guys just got arrested for corruption. This is the head...if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money...You have to pay a million dinar just to get some stuff done. He's been doing this for many many years and he made a lot of money. This is corruption so he get arrested. It's a lot of them getting arrested like this. He's big. He steals even from the government...slowly slowly it's gonna happen.
9-5-2022 Intel Guru MarkZ [via PDK] [What makes this time different than every other time we have been close to the RV?] The CBI has made it very clear they are ready to move forward with the monetary reform. They have filed the paperwork with the UN and the IMF to reinstate their currency... This is something very different now than we have ever seen before.
9-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These banks [CBI satellite banks] are going to make it easy for Iraqi citizens abroad to turn in their 3-Zero notes. Brilliant! Because that's the state that we're at right now. Not the political stage. Not the killing in the streets and the arguments and the bickering...no. How do you think everything is functioning in the country if they didn't have a government? ...the CBI knows a lot of these citizens are hording billions and billions of dinars in their mattresses outside of Iraq.... [See Guru Samson's news article below..]
9-5-2022 Newshound Guru Samson ...There are 4 main possibilities for this cash away from the banking system, which are: 1 - Iraqis hoard money in their homes... 2 - Funds are internal commercial transactions far from the banking system... 3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future... 4- Damage to the currency..." [Post 2 of 2]
9-5-2022 Newshound Guru Samson Article: "An economist reveals the size of the currency issued by the Iraqi Central" Quote: "according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars." He added: "On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate..." [Post 1 of 2....stay tuned]
9-5-2022 Intel Guru Frank26 Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise". THE CBI IS IN CONTROL OF THE MR WITH BANKS INSIDE OF IRAQ AND OUTSIDE.
9-5-2022 Newshound Guru Sandy Ingram Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill. The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.
9-5-2022 Newshound Guru Pimpy Article: "The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections" They're already on a verge of civil war. They started to go down that path and thanks to Sistani it was stopped. Either they agree to go to early elections or there's no doubt in my mind there is going to be a civil war. There's no other way around it. I don't want that to happen...I think it's the right of the Iraqi people to decide who they want there...
9-5-2022 Newshound Guru MilitiaMan [Reference Samson Article below] What I like about this article is the timing of it and that the bullet point [3] takes us [foreign dinar investors] into consideration. There is also something the economist left out...the money they have destroyed in the past. We had video of them destroying perfectly good large notes...
9-5-2022 Guru Nader From The Mid East My friend made [This "GoPro style" video]...this guys just got arrested for corruption. This is the head...if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money...You have to pay a million dinar just to get some stuff done. He's been doing this for many many years and he made a lot of money. This is corruption so he get arrested. It's a lot of them getting arrested like this. He's big. He steals even from the government...slowly slowly it's gonna happen.
9-5-2022 Intel Guru MarkZ [via PDK] [What makes this time different than every other time we have been close to the RV?] The CBI has made it very clear they are ready to move forward with the monetary reform. They have filed the paperwork with the UN and the IMF to reinstate their currency... This is something very different now than we have ever seen before.
9-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These banks [CBI satellite banks] are going to make it easy for Iraqi citizens abroad to turn in their 3-Zero notes. Brilliant! Because that's the state that we're at right now. Not the political stage. Not the killing in the streets and the arguments and the bickering...no. How do you think everything is functioning in the country if they didn't have a government? ...the CBI knows a lot of these citizens are hording billions and billions of dinars in their mattresses outside of Iraq.... [See Guru Samson's news article below..]
9-5-2022 Newshound Guru Samson ...There are 4 main possibilities for this cash away from the banking system, which are: 1 - Iraqis hoard money in their homes... 2 - Funds are internal commercial transactions far from the banking system... 3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future... 4- Damage to the currency..." [Post 2 of 2]
9-5-2022 Newshound Guru Samson Article: "An economist reveals the size of the currency issued by the Iraqi Central" Quote: "according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars." He added: "On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate..." [Post 1 of 2....stay tuned]
9-4-2022 Intel Guru Frank26 Community comment "The saga continues." Do you honestly feel in your heart that this is the worst of times for the monetary reform? These are the best times for the monetary reform...It marches on. It stampedes...It is being announced. It's being revealed. Both Kazemi and Mustafa of the CBI have no problem telling the citizens what they are about to get. It is not a boring saga. It is an exciting adventure. Right now what's going on is amazing...There have never been better times than what we are seeing.
9-4-2022 Newshound Guru Pimpy ...numbers on the 'back screen', 800#s, redemption centers, military people that watch the currency exchange, tier 1, tier 2, tier 3.. It's not real. It's all B.S...If we cannot get a stable government with a stable economy...you're not going to see any kind of major exchange rate change happen unfortunately...
9-4-2022 Newshound/Intel Guru Mnt Goat #3. In 2019...they came out with the “White Paper” in which it specifically says to go to FOREX. #4. In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government. [post 2 of 2]
9-4-2022 Newshound/Intel Guru Mnt Goat ...I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen. How do I know? #1. Reinstatement was in a long term 5 year plan given from the CBI in 2011...it was supposed to be all done by 2016. #2. Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI...This is what Sadr is trying to fix...and why the new govt can’t get formed. [post 1 of 2....stay tuned]
9-4-2022 Guru Nader From The Mid East About the Iraqi dinar no news for now. It's a mess. The country is not stable. It's actually destabilized a little bit now. We see what's going on two weeks from now. There's no promises. There is not news about the exchange rate. There's nothing...keep your head on your shoulders...it's a waiting game so let's wait...
9-4-2022 Newshound Guru Samson Article: "The average salary in Iraq is 600 dollars and in other countries is six thousand" Quote: "Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq..."
9-4-2022 Newshound Guru Militiaman Article: "The Central Bank of Iraq organizes a visit to a media delegation" The AMF on the same day had meetings on similar issues...with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing. Inter-connectivity is coming...
9-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Are these banks [CBI satellite banks in the US] for you? In all honesty you can use them. But you got to remember they're under American banking laws so don't be trying to think you can put Iraqi dinars in these bank accounts. The only thing you can put in is American dollars...they'll gladly take those 3-zero notes from you. They'll gladly convert it. Whatever rate they give you knock yourself out.
9-4-2022 Newshound Guru Breitling I haven't seen anything negative come out of Iraq yet...It's like watching Fox News...Every day they've got some shitty thing to tell you. Like it's their goal in life to make sure you're unhappy so they can make you vote a certain way. That's how it works - Pure propaganda... People are reading articles...that have nothing to do with...their [Iraq's] policy and their currency. [Post 2 of 2]
9-4-2022 Newshound Guru Breitling People are looking at Iraq. They are looking at what's going on between the Sunni and the Shia and they're going, 'My God there's chaos and turmoil going on! This thing is never going to come to fruition. It's never going to come about." You couldn't be more wrong. That's not how this investment works. That's not how Iraqi's currency works... [Post 1 of 2....stay tuned]
9-4-2022 Newshound Guru Clare PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT. IRAQ WILL PROSPER WITHOUT THAT EVIL...AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!...IMO WE ARE AT THE END... BE PATIENT A LITTLE LONGER...WE ARE WATCHING IT PLAY OUT. KAZEMI & SADR ALREADY WON...REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS! ...IMO
9-4-2022 Newshound Guru Pimpy ...numbers on the 'back screen', 800#s, redemption centers, military people that watch the currency exchange, tier 1, tier 2, tier 3.. It's not real. It's all B.S...If we cannot get a stable government with a stable economy...you're not going to see any kind of major exchange rate change happen unfortunately...
9-4-2022 Newshound/Intel Guru Mnt Goat #3. In 2019...they came out with the “White Paper” in which it specifically says to go to FOREX. #4. In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government. [post 2 of 2]
9-4-2022 Newshound/Intel Guru Mnt Goat ...I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen. How do I know? #1. Reinstatement was in a long term 5 year plan given from the CBI in 2011...it was supposed to be all done by 2016. #2. Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI...This is what Sadr is trying to fix...and why the new govt can’t get formed. [post 1 of 2....stay tuned]
9-4-2022 Guru Nader From The Mid East About the Iraqi dinar no news for now. It's a mess. The country is not stable. It's actually destabilized a little bit now. We see what's going on two weeks from now. There's no promises. There is not news about the exchange rate. There's nothing...keep your head on your shoulders...it's a waiting game so let's wait...
9-4-2022 Newshound Guru Samson Article: "The average salary in Iraq is 600 dollars and in other countries is six thousand" Quote: "Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq..."
9-4-2022 Newshound Guru Militiaman Article: "The Central Bank of Iraq organizes a visit to a media delegation" The AMF on the same day had meetings on similar issues...with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing. Inter-connectivity is coming...
9-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Are these banks [CBI satellite banks in the US] for you? In all honesty you can use them. But you got to remember they're under American banking laws so don't be trying to think you can put Iraqi dinars in these bank accounts. The only thing you can put in is American dollars...they'll gladly take those 3-zero notes from you. They'll gladly convert it. Whatever rate they give you knock yourself out.
9-4-2022 Newshound Guru Breitling I haven't seen anything negative come out of Iraq yet...It's like watching Fox News...Every day they've got some shitty thing to tell you. Like it's their goal in life to make sure you're unhappy so they can make you vote a certain way. That's how it works - Pure propaganda... People are reading articles...that have nothing to do with...their [Iraq's] policy and their currency. [Post 2 of 2]
9-4-2022 Newshound Guru Breitling People are looking at Iraq. They are looking at what's going on between the Sunni and the Shia and they're going, 'My God there's chaos and turmoil going on! This thing is never going to come to fruition. It's never going to come about." You couldn't be more wrong. That's not how this investment works. That's not how Iraqi's currency works... [Post 1 of 2....stay tuned]
9-4-2022 Newshound Guru Clare PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT. IRAQ WILL PROSPER WITHOUT THAT EVIL...AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!...IMO WE ARE AT THE END... BE PATIENT A LITTLE LONGER...WE ARE WATCHING IT PLAY OUT. KAZEMI & SADR ALREADY WON...REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS! ...IMO
9-3-2022 Intel Guru MarkZ [via PDK] Community Comment [(Guru) Fleming said the Dong could be $8-$10 dollars along with the dinar.] I’m not hearing that much but I am hearing its value is increasing…i am still mentally preparing myself for $2.25-$2.30. But hope to be pleasantly surprised if its higher.
9-3-2022 Newshound Guru Militiaman Article "An Iraqi bank begins providing its banking services and solutions in the Saudi market" Looks like show time... imo They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.
9-3-2022 Newshound Guru Samson Article: "International companies use the Iraqi airspace for the first time in history" Quote: "...Iraqi air movement at the present time is witnessing demand from civil aviation companies....Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West."
9-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Article: "The united card reaches Iraqis abroad" If you recall we told you they're teaching Iraq citizens about the Visa and MasterCards along with...key cards [which] will be some of the tools the CBI banks will use to get the Iraqi citizens abroad their currency ...In the United States of American you can find Iraqi expatriates...they will qualify to apply for..visa and MasterCards from these banks [CBI satellite banks in the US]...
9-3-2022 Intel Guru Frank26 Article: "An Iraqi bank begins providing its banking services and solution in the Suadi Market" Wow! It begins... Internationally. It's a very positive article about their banks and how they're working together. They're not going to work together at a program rate.
9-3-2022 Newshound Guru Pimpy Article: "The Federal Court again fails to rule on claims to dissolve the Iraqi parliament" This should be a surprise to no one. Remember the supreme court justice...in Iraq is friends with Maliki. So when he turned to the courts to ask them to dissolve parliament in order for them to hold early elections it's not hard to figure out that the courts are most likely going to side with whatever it is that Maliki wants. Maliki does not want early elections...the Supreme Judiciary Courts are kicking the can down the road...
9-3-2022 Intel Guru MarkZ [via PDK] Peace and calm is still holding in Iraq...We have great expectations for the coming week...At this point it appears to be on auto-pilot for the finish. I wish I knew the day. Its close and we are watching it all play out ...
9-3-2022 Newshound Guru MilitiaMan Question: [Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise" Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?] A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it's rightful place in a basket.
9-3-2022 Newshound Guru Samson Article: "Economist: Inflation has reached more than 12% in Iraq" Quote: "The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”
9-3-2022 Intel Guru Bruce [via WiserNow] the quantum financial system was to integrate or begin the integration with the global financial system and global banking systems [Wednesday] night...We found that that connection, that integration of the QFS was for countries to be able to trade goods and services on par with each other in the future...so it has nothing to do with the RV per se -or our exchanges, which is great.
9-3-2022 Newshound/Intel Guru BGG I believe so many in this community have read this latest uprising in Iraq all wrong.... The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again. The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…
9-3-2022 Newshound Guru Militiaman Article "An Iraqi bank begins providing its banking services and solutions in the Saudi market" Looks like show time... imo They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.
9-3-2022 Newshound Guru Samson Article: "International companies use the Iraqi airspace for the first time in history" Quote: "...Iraqi air movement at the present time is witnessing demand from civil aviation companies....Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West."
9-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Article: "The united card reaches Iraqis abroad" If you recall we told you they're teaching Iraq citizens about the Visa and MasterCards along with...key cards [which] will be some of the tools the CBI banks will use to get the Iraqi citizens abroad their currency ...In the United States of American you can find Iraqi expatriates...they will qualify to apply for..visa and MasterCards from these banks [CBI satellite banks in the US]...
9-3-2022 Intel Guru Frank26 Article: "An Iraqi bank begins providing its banking services and solution in the Suadi Market" Wow! It begins... Internationally. It's a very positive article about their banks and how they're working together. They're not going to work together at a program rate.
9-3-2022 Newshound Guru Pimpy Article: "The Federal Court again fails to rule on claims to dissolve the Iraqi parliament" This should be a surprise to no one. Remember the supreme court justice...in Iraq is friends with Maliki. So when he turned to the courts to ask them to dissolve parliament in order for them to hold early elections it's not hard to figure out that the courts are most likely going to side with whatever it is that Maliki wants. Maliki does not want early elections...the Supreme Judiciary Courts are kicking the can down the road...
9-3-2022 Intel Guru MarkZ [via PDK] Peace and calm is still holding in Iraq...We have great expectations for the coming week...At this point it appears to be on auto-pilot for the finish. I wish I knew the day. Its close and we are watching it all play out ...
9-3-2022 Newshound Guru MilitiaMan Question: [Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise" Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?] A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it's rightful place in a basket.
9-3-2022 Newshound Guru Samson Article: "Economist: Inflation has reached more than 12% in Iraq" Quote: "The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”
9-3-2022 Intel Guru Bruce [via WiserNow] the quantum financial system was to integrate or begin the integration with the global financial system and global banking systems [Wednesday] night...We found that that connection, that integration of the QFS was for countries to be able to trade goods and services on par with each other in the future...so it has nothing to do with the RV per se -or our exchanges, which is great.
9-3-2022 Newshound/Intel Guru BGG I believe so many in this community have read this latest uprising in Iraq all wrong.... The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again. The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…
9-2-2022 Intel Guru Frank26 There's a lot of politics going on right now in Iraq. There's a lot of it going on in our country. You ever notice if you don't pay attention to the news about a week or two later everything is okay, instead it's something else they create? I don't care about the politics in Iraq...
9-2-2022 Intel Guru MarkZ [via PDK] The news has been very good today and with the weekend starting I am hoping for “any moment”...
9-2-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq organizes a visit to a media delegation" The CBI will want those in this meeting to have the truth from the horses mouth. They'll be a mechanism to help citizens during the roll out and for the intentions of the CBI going forward... Once they change the exchange rate the money sold will likely be tracked...
9-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These ['CBI satellite'] banks are preparing themselves to collect as many of the 3-zeros possible. These 2 gentlemen are establishing their banks just for that reason. Can Americans go to these banks? Yes. But remember they are set up for the purpose of Iraq citizens. We just don't know all the details yet...hang in there because I think more details of these satellite banks is going to be coming out.
9-2-2022 Intel Guru Bruce [via WiserNow] ...Iraq was supposed to bring in a Hashemi as the commander in chief, dissolved their parliamentary form of government today and make it official...Now...we heard this directly from our contact in Iraq... This did not take place today [Thursday], but it should take place [Friday] morning...and the thinking is, if it does, then we could be off and running for the weekend...So what we're hearing is if that does not take place tomorrow in Iraq, probably in the morning, then let's just use the term “all hell's going to break loose”...
9-2-2022 Newshound Guru Samson Article: "Al-Fatlawi Comments On The Statement Of The UN Security Council On The Events In Iraq". Quote: "the Security Council's statement on the recent events in Iraq was in a strong tone...Did all the Iraqi parties read it correctly?" [Post 2 of 2]
9-2-2022 Newshound Guru Samson Article: "The UN Security Council calls on the Iraqi parties to exercise restraint and start dialogue" Quote: "the members of the Security Council called on all parties to resolve their political differences peacefully, respect the rule of law and the right to peaceful assembly, and avoid violence." [Post 1 of 2....stay tuned]
9-2-2022 Newshound Guru Pimpy The auctions are supposed to be used to control the exchange rate from getting out of hand but it's been used for some real corrupt stuff. There's been talk several times about ending the auctions...Over the years - 2022, right now, you get 1450 dinars for every 1 US dollar. Back in 2016 you used to only get 1182 dinars..Going back to 2013 used to only get 1166 dinars for every 1 US dollar...When it decreases that means Iraq's value is gaining on the US dollar. We want the amount of dinars exchanged for US dollars to decrease...we want to get to a point where they can exchange 1 dinar for multiple US dollars...there is some hope with the decline of the US dollar...
9-2-2022 Intel Guru MarkZ [via PDK] My redemption center folks are being told to not expect to work on Saturday …but very possibly to expect to work on Sunday...the chatter has been great...Sources are all saying they can’t talk about this because they have an NDA. BUT, they are all staying in place…which tells me there must be a reason???.
9-2-2022 Newshound Guru Sandy Ingram It is difficult to move forward with a revalue or a float of the currency when the entire country is in a political crisis. Things are changing by the day in Iraq.
9-2-2022 Newshound Guru Kaperoni Iraq is in a very volatile sensitive time. There is no RV but we do want to see Iraq themselves negotiate their way through this crisis.
9-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi came out and told us if things continue the way they are right now this is not right, you don't kill us! He is threatening Article 81 of the constitution and to make the position vacant to form a government in 15 days span... FRANK: What he's saying is there is an article in their constitution where the prime minister under certain conditions can dissolve the government...this has been his plan...start brand new under his leadership...
9-2-2022 Newshound/Intel Guru BGG Hard news excerpts: “Sadr believes he can control the angry masses …but only if he can control the system. His unleashing of the Sadrists for 24 hours was that message in graphic form.” How to deal with Muqtada al-Sadr has long befuddled Western and Iranian officials. The latest outburst of violence in Iraq shows they have long underestimated him as well, writes @SajadJiyad…You want to know what this all means? Sadr sent the message “reform or else”… I believe it was heard loud and clear.
9-2-2022 Intel Guru MarkZ [via PDK] The news has been very good today and with the weekend starting I am hoping for “any moment”...
9-2-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq organizes a visit to a media delegation" The CBI will want those in this meeting to have the truth from the horses mouth. They'll be a mechanism to help citizens during the roll out and for the intentions of the CBI going forward... Once they change the exchange rate the money sold will likely be tracked...
9-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These ['CBI satellite'] banks are preparing themselves to collect as many of the 3-zeros possible. These 2 gentlemen are establishing their banks just for that reason. Can Americans go to these banks? Yes. But remember they are set up for the purpose of Iraq citizens. We just don't know all the details yet...hang in there because I think more details of these satellite banks is going to be coming out.
9-2-2022 Intel Guru Bruce [via WiserNow] ...Iraq was supposed to bring in a Hashemi as the commander in chief, dissolved their parliamentary form of government today and make it official...Now...we heard this directly from our contact in Iraq... This did not take place today [Thursday], but it should take place [Friday] morning...and the thinking is, if it does, then we could be off and running for the weekend...So what we're hearing is if that does not take place tomorrow in Iraq, probably in the morning, then let's just use the term “all hell's going to break loose”...
9-2-2022 Newshound Guru Samson Article: "Al-Fatlawi Comments On The Statement Of The UN Security Council On The Events In Iraq". Quote: "the Security Council's statement on the recent events in Iraq was in a strong tone...Did all the Iraqi parties read it correctly?" [Post 2 of 2]
9-2-2022 Newshound Guru Samson Article: "The UN Security Council calls on the Iraqi parties to exercise restraint and start dialogue" Quote: "the members of the Security Council called on all parties to resolve their political differences peacefully, respect the rule of law and the right to peaceful assembly, and avoid violence." [Post 1 of 2....stay tuned]
9-2-2022 Newshound Guru Pimpy The auctions are supposed to be used to control the exchange rate from getting out of hand but it's been used for some real corrupt stuff. There's been talk several times about ending the auctions...Over the years - 2022, right now, you get 1450 dinars for every 1 US dollar. Back in 2016 you used to only get 1182 dinars..Going back to 2013 used to only get 1166 dinars for every 1 US dollar...When it decreases that means Iraq's value is gaining on the US dollar. We want the amount of dinars exchanged for US dollars to decrease...we want to get to a point where they can exchange 1 dinar for multiple US dollars...there is some hope with the decline of the US dollar...
9-2-2022 Intel Guru MarkZ [via PDK] My redemption center folks are being told to not expect to work on Saturday …but very possibly to expect to work on Sunday...the chatter has been great...Sources are all saying they can’t talk about this because they have an NDA. BUT, they are all staying in place…which tells me there must be a reason???.
9-2-2022 Newshound Guru Sandy Ingram It is difficult to move forward with a revalue or a float of the currency when the entire country is in a political crisis. Things are changing by the day in Iraq.
9-2-2022 Newshound Guru Kaperoni Iraq is in a very volatile sensitive time. There is no RV but we do want to see Iraq themselves negotiate their way through this crisis.
9-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi came out and told us if things continue the way they are right now this is not right, you don't kill us! He is threatening Article 81 of the constitution and to make the position vacant to form a government in 15 days span... FRANK: What he's saying is there is an article in their constitution where the prime minister under certain conditions can dissolve the government...this has been his plan...start brand new under his leadership...
9-2-2022 Newshound/Intel Guru BGG Hard news excerpts: “Sadr believes he can control the angry masses …but only if he can control the system. His unleashing of the Sadrists for 24 hours was that message in graphic form.” How to deal with Muqtada al-Sadr has long befuddled Western and Iranian officials. The latest outburst of violence in Iraq shows they have long underestimated him as well, writes @SajadJiyad…You want to know what this all means? Sadr sent the message “reform or else”… I believe it was heard loud and clear.
9-1-2022 Intel Guru Frank26 People demand to know...'What's the problem with Iraq? ...It's all over the news. How can you be so casual about this? ...ABC, NBC, CBS, MSNBC, CNN all of them FOX...all day yesterday...ABC just said breaking news Iraq is falling apart. CBS says Iraq is being torn apart by Iran right now in terrorism, the whole government has been shut down.' ...they don't need to turn to the F--- ----, excuse me, the media that's out there...Iraq is no where near what people in the media paint...you need to flush the media's reports.
9-1-2022 Intel Guru MarkZ [via PDK] Article from Iraq: “The Federal Court again fails to rule on the claim to dissolve the Iraqi Government” They have postponed it for one week...I don’t think at this point that we need the Iraqi gov. to be settled... I could be wrong but we are going to find out over the next few days... Every contact I have is very excited …but they will not share specifics. They are claiming NDA’s...
9-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] They [Satellite banks] are getting currency counting sorting machines for their grand opening [Late September early October] because they know that there are hundreds of millions of 3-zero notes all around the world in the hands of Iraqi citizens...They know the largest majority rest in the United States of America. They're coming up with ways to retrieve their 3-zero notes from Iraqi citizens.
9-1-2022 Newshound Guru Militiaman Article: "A government meeting to complete the project to modernize public financial management systems" Things may not be as bad for our investment as one may think...the process of implementation of financial and economic reforms...is being integrated with financial and managerial accounting that is consistent with international programs and systems, in real time....The cogs are turning and are getting plenty of grease.
9-1-2022 Newshound Guru Clare Article: "Biden calls for a road map to get out of the political impasse in Iraq" Quote: "US President Joseph Biden called on Iraqi leaders to engage in a national dialogue; To develop a roadmap in order to get out of the current blockage."
9-1-2022 Newshound Guru Pimpy There is a silver lining when it comes to the dinar (no pun intended). Here's the thing, you have the gold reserves increasing which is a huge step. You have the foreign currency reserves increasing, I believe it's at 92 billion by the end of the year which is awesome. The more the better. But until you get a stable government, stable nation and a stable economy you're never going to see the exchange rate change in any dramatic form one way or the other.
9-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's all calm here...We are hearing Friday could bring huge clashes in the streets. Not sure. We're waiting to hear more details about this from Sadr. Here's the one who had all the protesters leave the green zone immediately. So we wait and we obey Sadr and Kazemi. Many in the streets are saying Friday is a deadline if nothing is done more chaos... FRANK: What you're seeing here is the truth. The reality...it's not a disaster. Iran didn't take over. People were killed, it's a confrontation... FIREFLY: Kazemi has said that if all of this continues he will quit...as of now it's all clear. It's all calm. FRANK: It's going to stay that way because Kazemi has things under control...
9-1-2022 Newshound Guru Kaperoni Anytime this type of violence occurs in Iraq it is a significant setback to economic development. It's going to take months maybe even years to get past this nonsense.
9-1-2022 Intel Guru MarkZ [via PDK] It’s very, very quiet on all fronts. I am getting dead silence from Iraq since yesterday when they let me know things are now peaceful and calm over there. Contractors and government sources are being very quiet...I think the quiet is very good news right now.
9-1-2022 Guru Nader From The Mid East I'm glad it calm down today a little bit. It is doing better. Kazemi will not go away don't worry. Everything is going to be okay. Two weeks...we go back to again talk about the exchange rate and the dinars and the oil and the economy and the private sectors and everything else...for now know everybody's stressed out. Everybody's going crazy, 'What's going to happen. We don't know what's going to happen.' I think in a couple weeks everything's going to be okay... please everybody be patient.
9-1-2022 Newshound Guru Samson Article: "The Federal Court again fails to rule on the claim to dissolve the Iraqi parliament". Quote: "the Federal Court raises its session in the cases of dissolving the House of
Representatives and sets next Wednesday as a date for issuing the decision."
9-1-2022 Intel Guru Frank26 Article: "After Al-Sadr was directed... the Sadrists withdrew from the Green Zone". AND YET ABC, NBC, CBS, CNN, MSNBC & ALL THE FAKE NEWS SAID 'BREAKING NEWS-IRAQ IS FALLING AT THIS MOMENT' LIAR!
9-1-2022 Intel Guru MarkZ ...I am hearing a tremendous amount of chatter their goal is Sept 6th. I am hearing this from many different directions.
9-1-2022 Intel Guru Fleming The Iraqi's are still being closed lipped about when they are going to announce the rate and what the rate is, so we just have to sit and watch what goes on there...this thing is going we just don't know when...
9-1-2022 Intel Guru MarkZ [via PDK] Article from Iraq: “The Federal Court again fails to rule on the claim to dissolve the Iraqi Government” They have postponed it for one week...I don’t think at this point that we need the Iraqi gov. to be settled... I could be wrong but we are going to find out over the next few days... Every contact I have is very excited …but they will not share specifics. They are claiming NDA’s...
9-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] They [Satellite banks] are getting currency counting sorting machines for their grand opening [Late September early October] because they know that there are hundreds of millions of 3-zero notes all around the world in the hands of Iraqi citizens...They know the largest majority rest in the United States of America. They're coming up with ways to retrieve their 3-zero notes from Iraqi citizens.
9-1-2022 Newshound Guru Militiaman Article: "A government meeting to complete the project to modernize public financial management systems" Things may not be as bad for our investment as one may think...the process of implementation of financial and economic reforms...is being integrated with financial and managerial accounting that is consistent with international programs and systems, in real time....The cogs are turning and are getting plenty of grease.
9-1-2022 Newshound Guru Clare Article: "Biden calls for a road map to get out of the political impasse in Iraq" Quote: "US President Joseph Biden called on Iraqi leaders to engage in a national dialogue; To develop a roadmap in order to get out of the current blockage."
9-1-2022 Newshound Guru Pimpy There is a silver lining when it comes to the dinar (no pun intended). Here's the thing, you have the gold reserves increasing which is a huge step. You have the foreign currency reserves increasing, I believe it's at 92 billion by the end of the year which is awesome. The more the better. But until you get a stable government, stable nation and a stable economy you're never going to see the exchange rate change in any dramatic form one way or the other.
9-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's all calm here...We are hearing Friday could bring huge clashes in the streets. Not sure. We're waiting to hear more details about this from Sadr. Here's the one who had all the protesters leave the green zone immediately. So we wait and we obey Sadr and Kazemi. Many in the streets are saying Friday is a deadline if nothing is done more chaos... FRANK: What you're seeing here is the truth. The reality...it's not a disaster. Iran didn't take over. People were killed, it's a confrontation... FIREFLY: Kazemi has said that if all of this continues he will quit...as of now it's all clear. It's all calm. FRANK: It's going to stay that way because Kazemi has things under control...
9-1-2022 Newshound Guru Kaperoni Anytime this type of violence occurs in Iraq it is a significant setback to economic development. It's going to take months maybe even years to get past this nonsense.
9-1-2022 Intel Guru MarkZ [via PDK] It’s very, very quiet on all fronts. I am getting dead silence from Iraq since yesterday when they let me know things are now peaceful and calm over there. Contractors and government sources are being very quiet...I think the quiet is very good news right now.
9-1-2022 Guru Nader From The Mid East I'm glad it calm down today a little bit. It is doing better. Kazemi will not go away don't worry. Everything is going to be okay. Two weeks...we go back to again talk about the exchange rate and the dinars and the oil and the economy and the private sectors and everything else...for now know everybody's stressed out. Everybody's going crazy, 'What's going to happen. We don't know what's going to happen.' I think in a couple weeks everything's going to be okay... please everybody be patient.
9-1-2022 Newshound Guru Samson Article: "The Federal Court again fails to rule on the claim to dissolve the Iraqi parliament". Quote: "the Federal Court raises its session in the cases of dissolving the House of
Representatives and sets next Wednesday as a date for issuing the decision."
9-1-2022 Intel Guru Frank26 Article: "After Al-Sadr was directed... the Sadrists withdrew from the Green Zone". AND YET ABC, NBC, CBS, CNN, MSNBC & ALL THE FAKE NEWS SAID 'BREAKING NEWS-IRAQ IS FALLING AT THIS MOMENT' LIAR!
9-1-2022 Intel Guru MarkZ ...I am hearing a tremendous amount of chatter their goal is Sept 6th. I am hearing this from many different directions.
9-1-2022 Intel Guru Fleming The Iraqi's are still being closed lipped about when they are going to announce the rate and what the rate is, so we just have to sit and watch what goes on there...this thing is going we just don't know when...
8-31-2022 Intel Guru MarkZ It’s been pretty positive. “Calm in Baghdad: Postponing the decision on the lawsuit to dissolve parliament and calls for resolving the crisis” ...They are only postponing until tomorrow which is Thursday. At which point we should get some resolution on the government and where we are headed from here. So imo, this is good news.
8-31-2022 Newshound Guru Militiaman The court has postponed the case of dissolving the HOR until tomorrow, Thursday. If Kahdimi steps down and the President steps into the position until there is formation of the new government he will have the necessary powers ("Full Powers" is mentioned nowhere in the constitution. "Necessary Powers", is.) and it will be all constitutional. Also, Iraq will be deemed stable and secure in the eyes of the Region and the World once done, imo.
8-31-2022 Intel Guru Frank26 I know you know articles came out saying there's violence in the streets. I also know what the news is saying. I also know what the gurus are saying. Do you hear me saying any of it? No. I will give you my interpretation of what these articles are trying to tell you because I don't agree with all of them...it's not the exaggeration they [portray]...I only care about what my teams tell me...
8-31-2022 Newshound Guru Pimpy The country [ Iraq ] is becoming more and more unstable to the point we have multiple outside intermediates wanting to come in and interfere. And why would the United States be interested in interfering all over again? How about all their interests they have invested over there...the country is not stable. This is not helpful for those of us who are invested in the Iraqi dinar...
8-31-2022 Newshound Guru Samson Article 1 "The Federal Court Postpones Consideration Of The Case For Dissolving Parliament Until Tomorrow, Thursday" Article 2 "The Federal Court postpones hearing the lawsuit to dissolve Parliament"
8-31-2022 Intel Guru Bruce [via WiserNow] ...what we're hearing and this came directly from our sources in Iraq that the Iraqi dinar rates should be out tomorrow and possibly seen here as early as tomorrow [Wednesday] ...we got information later...from I think about as high up as sources you can go in the treasury, and it's indicating that...we would have exchange capability on Thursday - the first of September - and that is what I thought would happen. And I'm not I'm not calling it but I'm very close to doing that... And I think that's what we should be looking for.
8-31-2022 Intel/Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] IMO these two gentlemen are extremely busy in the state that they are in [Previously reported as Michigan]. The banks that they have been put in responsibility over are slated to be open by the end of September into the first week of October. They are training the staff at these banks. That training should end by the end of September using the new small category notes.
8-31-2022 Newshound Guru Paulette IMO the last thing we want is the UN to take action and place Iraq back under sanctions...The last thing the Globalists want right now is for Iraq to RI....That would shut off their main gravy train country...
8-31-2022 Intel Guru MarkZ [via PDK] ...I have been told from folks on the streets of Iraq …just a couple hours ago….that things are very peaceful there and the caretaker government is stepping up to the plate. They are feeling very confident that we are close. It appears they are moving forward again now...of course we don’t know the exact timing but, the news reports from over there have been awesome after that 36 hours of unrest where Iraq citizens voiced their concerns over the political gridlock.
8-31-2022 Intel Guru Frank26 It got violent...but the moment Saleh put his hand up what happened? Everybody paid attention...people are now turning to Saleh their religious leader. He's not going anywhere. He's never leaving. He's never going to retire. He's always going to be there.
8-31-2022 Newshound Guru Kaperoni Many political blocks are trying to maintain calm in Iraq but it is extremely fragile at this time. There is no talk of any significant change in the dinar value. If anything is being discussed it is forming a government, getting back to work parliament passing laws and creating an environment for foreign investment in the economy.
8-31-2022 Guru Nader From The Mid East A lot of people saying what's happening it's because people of Iraq they want their rate to change. You know 90% of the people is Iraq doesn't know nothing about the change about the dinar. All they want is to have some money. They don't care about anything because it doesn't matter if I have 10 million dinars or 50 million dinar...they matter for you guys over there but not for us...
8-31-2022 Newshound Guru Sandy Ingram Good news. Al-Sadr is reportedly on a hunger strike until the fighting ends...After this next statement by Sadr, the Green Zone was EMPTY within MOMENTS. 'I sill believe that my supporters are disciplined and obedient and if in the next 60 minutes they do not withdraw as well from parliament then I will abandon these supporters.'
8-31-2022 Intel Guru MarkZ [via PDK] “Calm returns to Baghdad as supporters of Iraqi cleric heed call to stand down” In other words people packed up and went home…no civil war here. What I am hearing from my contacts on the ground is that they think they are in a “good spot”...With calm returning the Supreme Court is going to strike down the emerging government and allow the caretaker government to take back control so they can move forward with their “white paper” reforms and rates…then they can move on to have open and fair elections. I am hearing things are quickly turning positive in Iraq. They think the caretaker government will be back in a place over the next day or two with the reforms. I am still of the mindset we could be “any moment”. A lot of folks are looking toward end of Sept/Oct…but I think its going to be sooner.
8-31-2022 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF SADR” PUBLISHES THE LAST APPEAL OF THE LEADER OF THE CURRENT" Quote: "I am trying very hard to reform the entire political process in our beloved Iraq..." I am hearing that by Sept 2nd all hell might break lose if there is not the reforms or in motion to accomplish them that Sadr requests.
8-31-2022 Newshound Guru Militiaman The court has postponed the case of dissolving the HOR until tomorrow, Thursday. If Kahdimi steps down and the President steps into the position until there is formation of the new government he will have the necessary powers ("Full Powers" is mentioned nowhere in the constitution. "Necessary Powers", is.) and it will be all constitutional. Also, Iraq will be deemed stable and secure in the eyes of the Region and the World once done, imo.
8-31-2022 Intel Guru Frank26 I know you know articles came out saying there's violence in the streets. I also know what the news is saying. I also know what the gurus are saying. Do you hear me saying any of it? No. I will give you my interpretation of what these articles are trying to tell you because I don't agree with all of them...it's not the exaggeration they [portray]...I only care about what my teams tell me...
8-31-2022 Newshound Guru Pimpy The country [ Iraq ] is becoming more and more unstable to the point we have multiple outside intermediates wanting to come in and interfere. And why would the United States be interested in interfering all over again? How about all their interests they have invested over there...the country is not stable. This is not helpful for those of us who are invested in the Iraqi dinar...
8-31-2022 Newshound Guru Samson Article 1 "The Federal Court Postpones Consideration Of The Case For Dissolving Parliament Until Tomorrow, Thursday" Article 2 "The Federal Court postpones hearing the lawsuit to dissolve Parliament"
8-31-2022 Intel Guru Bruce [via WiserNow] ...what we're hearing and this came directly from our sources in Iraq that the Iraqi dinar rates should be out tomorrow and possibly seen here as early as tomorrow [Wednesday] ...we got information later...from I think about as high up as sources you can go in the treasury, and it's indicating that...we would have exchange capability on Thursday - the first of September - and that is what I thought would happen. And I'm not I'm not calling it but I'm very close to doing that... And I think that's what we should be looking for.
8-31-2022 Intel/Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] IMO these two gentlemen are extremely busy in the state that they are in [Previously reported as Michigan]. The banks that they have been put in responsibility over are slated to be open by the end of September into the first week of October. They are training the staff at these banks. That training should end by the end of September using the new small category notes.
8-31-2022 Newshound Guru Paulette IMO the last thing we want is the UN to take action and place Iraq back under sanctions...The last thing the Globalists want right now is for Iraq to RI....That would shut off their main gravy train country...
8-31-2022 Intel Guru MarkZ [via PDK] ...I have been told from folks on the streets of Iraq …just a couple hours ago….that things are very peaceful there and the caretaker government is stepping up to the plate. They are feeling very confident that we are close. It appears they are moving forward again now...of course we don’t know the exact timing but, the news reports from over there have been awesome after that 36 hours of unrest where Iraq citizens voiced their concerns over the political gridlock.
8-31-2022 Intel Guru Frank26 It got violent...but the moment Saleh put his hand up what happened? Everybody paid attention...people are now turning to Saleh their religious leader. He's not going anywhere. He's never leaving. He's never going to retire. He's always going to be there.
8-31-2022 Newshound Guru Kaperoni Many political blocks are trying to maintain calm in Iraq but it is extremely fragile at this time. There is no talk of any significant change in the dinar value. If anything is being discussed it is forming a government, getting back to work parliament passing laws and creating an environment for foreign investment in the economy.
8-31-2022 Guru Nader From The Mid East A lot of people saying what's happening it's because people of Iraq they want their rate to change. You know 90% of the people is Iraq doesn't know nothing about the change about the dinar. All they want is to have some money. They don't care about anything because it doesn't matter if I have 10 million dinars or 50 million dinar...they matter for you guys over there but not for us...
8-31-2022 Newshound Guru Sandy Ingram Good news. Al-Sadr is reportedly on a hunger strike until the fighting ends...After this next statement by Sadr, the Green Zone was EMPTY within MOMENTS. 'I sill believe that my supporters are disciplined and obedient and if in the next 60 minutes they do not withdraw as well from parliament then I will abandon these supporters.'
8-31-2022 Intel Guru MarkZ [via PDK] “Calm returns to Baghdad as supporters of Iraqi cleric heed call to stand down” In other words people packed up and went home…no civil war here. What I am hearing from my contacts on the ground is that they think they are in a “good spot”...With calm returning the Supreme Court is going to strike down the emerging government and allow the caretaker government to take back control so they can move forward with their “white paper” reforms and rates…then they can move on to have open and fair elections. I am hearing things are quickly turning positive in Iraq. They think the caretaker government will be back in a place over the next day or two with the reforms. I am still of the mindset we could be “any moment”. A lot of folks are looking toward end of Sept/Oct…but I think its going to be sooner.
8-31-2022 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF SADR” PUBLISHES THE LAST APPEAL OF THE LEADER OF THE CURRENT" Quote: "I am trying very hard to reform the entire political process in our beloved Iraq..." I am hearing that by Sept 2nd all hell might break lose if there is not the reforms or in motion to accomplish them that Sadr requests.
8-30-2022 Intel Guru MarkZ [via PDK] ...they know their rate and they know their timing. The question is “Has this political flare up change this in any way?? But they say they have a specific plan at this point.
8-30-2022 Intel Guru Fleming ...talked to...government contacts in Iraq today...told that the unrest continues with terrible violence in the streets, with weapons of all kinds on display. El Sadr has requested this end now... The Iraq Parliament is formed, sitting in the wings...same as last week. This new Parliament is only waiting for an announcement to be given to the People of Iraq, telling them that the “new Parliament is Formed,” and the international rate will immediately follow. WTH...Immediately following this announcement within a few day’s the new IQD rate will go live on FOREX. The entire world waits because while there is gunfire in the streets there will be no new Parliament.
8-30-2022 Intel Guru MarkZ [via PDK] He [Nader] says they are rising up to force the RV to come to a conclusion… I agree with him. I believe the RV will be moving forward because of this. I expect some culmination of all this within days coming out of Iraq. I believe we are only days away from this resolution. ...my contacts say it will force things to come to a conclusion quickly. Iraqi people need this. [post 2 of 2] [NOTE: See Guru Nader's direct thoughts below.]
8-30-2022 Intel Guru MarkZ [via PDK] ...in Iraq…There is a lot going on…theatrics playing out? But Nader...today brings up some excellent points [reference Guru Nader post below] ...I think Nader may have hit a home run…Revolution is never bloodless. He points to what is going on in Iraq. Iraqi people are interested in freedom, security and a little extra in their pockets…which is what the revaluation would mean for them. He states they are not celebrating in the streets… It is torches and pitchforks that we are seeing right now in Iraq... [post 1 of 2....stay tuned] [See Guru Nader's direct thoughts below.]
8-30-2022 Guru Nader From The Mid East I've been screaming it for 2 months it's going to be a revolution. In every revolution you see...people get hurt...people running away from the country like presidents, corrupt people. That's what's happening now. The next 3 days is going to be worse...we're not celebrating...people are angry, hungry. They have enough. They're saying enough it's enough. Now you're gonna see some changes. [Post 2 of 2]
8-30-2022 Guru Nader From The Mid East I hear people saying "it's nothing that's going on. They're lying. No death." Well yesterday 12 people died...We're not celebrating. We're not chanting...It's too late...the government cannot save themselves anymore. They know the world is watching and we did everything for the world to watch them when we do this. Now it's happening... [Post 1 of 2....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] REPORT 4: Sadr said he's done with the political world that set his followers off...it's bad in the streets and the Framework is killing people in the streets. REPORT 5: Sadr making new remarks now he's saying for all Framework to quit the political scene and let the people of Iraq vote for the government. Sadr calling for calm and stop all violence. [Post 3 of 3]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] UN says they have the right to step into any country and demolish the political issues to avoid bloodshed and have not reached that yet in Iraq but are concerned. REPORT 3: All hell is breaking loose in the green zone. 12 have been killed. Over 260 injured as Sadr protesters storm the green zone. Curfew now in effect for us...The streets are not clear. Folks are demanding parliament be dissolved and many are not leaving. Saying they would rather die than ruled by Iranian backed militia. The streets are ugly. [Post 2 of 3....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: REPORT 1: Sadr group of new followers are outside of green zone in large masses and hit by water cannons from security to turn back... REPORT 2: A lot going on now in the streets. Kazemi is on television saying protesters please stop, obey and be non-violent and stop this! And he said all security forces are to not use live bullets or shoot at anyone...you are required to protect them... [Post 1 of 2....stay tuned]
8-30-2022 Newshound Guru Kaperoni Article: "At least 20 people have been killed in the violence in Baghdad’s Green Zone, medical sources tell Al Jazeera." Usually when this type of violence occurs it's a major setback. It could take months or even years to stabilize and rebuild what is being destroyed right now. And it certainly does not help encourage investors to get involved in Iraq.
8-30-2022 Newshound Guru Paulette ...The Federal Court is hearing the case for dissolution...Legal expert Taminni has clearly laid out the fact that the Federal Court could Dissolve parliament and set up the President to announce the date for early elections and the Caretaker GOI of Kazemi be given Emergency Powers... That is what I am hopeful for!
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are hearing August 30th the Supreme Court will give final word on dissolving the parliament saying it's an option that still exists...we hope the new ruling will dissolve parliament... this making caretaker government in full command until the new elections... FRANK: Everything is going in the direction of Kazemi. Everything is going in the direction of Mustafa of the CBI...government...reforms...white papers...Everything is already international.
8-30-2022 Newshound Guru Samson Article: "The toll of Al-Khadra clashes rises to 10 victims and 200 injured, and the use of heavy weapons in the battles"
8-30-2022 Newshound Guru Sandy Ingram Article: "Two killed as Iraq's powerful Sadr quits politics, loyalists storm complex" Al-Sadr said he would quit politics prompting his loyalist to storm a parliamentary government complex in Baghdad...gunfire echoed over the capital...
8-30-2022 Newshound Guru Kaperoni Tensions in Iraq are beginning to rise violence is now starting. There's been some rockets falling on the green zone including near the US Embassy. This is getting out of hand. The inability to form a government under the current political situation has come to ahead in Iraq.
8-30-2022 Intel Guru Fleming ...As soon as they get their parliament announced then they will be able to go directly to Forex within a few days & post the international rate on the Forex...
8-30-2022 Intel Guru Fleming ...talked to...government contacts in Iraq today...told that the unrest continues with terrible violence in the streets, with weapons of all kinds on display. El Sadr has requested this end now... The Iraq Parliament is formed, sitting in the wings...same as last week. This new Parliament is only waiting for an announcement to be given to the People of Iraq, telling them that the “new Parliament is Formed,” and the international rate will immediately follow. WTH...Immediately following this announcement within a few day’s the new IQD rate will go live on FOREX. The entire world waits because while there is gunfire in the streets there will be no new Parliament.
8-30-2022 Intel Guru MarkZ [via PDK] He [Nader] says they are rising up to force the RV to come to a conclusion… I agree with him. I believe the RV will be moving forward because of this. I expect some culmination of all this within days coming out of Iraq. I believe we are only days away from this resolution. ...my contacts say it will force things to come to a conclusion quickly. Iraqi people need this. [post 2 of 2] [NOTE: See Guru Nader's direct thoughts below.]
8-30-2022 Intel Guru MarkZ [via PDK] ...in Iraq…There is a lot going on…theatrics playing out? But Nader...today brings up some excellent points [reference Guru Nader post below] ...I think Nader may have hit a home run…Revolution is never bloodless. He points to what is going on in Iraq. Iraqi people are interested in freedom, security and a little extra in their pockets…which is what the revaluation would mean for them. He states they are not celebrating in the streets… It is torches and pitchforks that we are seeing right now in Iraq... [post 1 of 2....stay tuned] [See Guru Nader's direct thoughts below.]
8-30-2022 Guru Nader From The Mid East I've been screaming it for 2 months it's going to be a revolution. In every revolution you see...people get hurt...people running away from the country like presidents, corrupt people. That's what's happening now. The next 3 days is going to be worse...we're not celebrating...people are angry, hungry. They have enough. They're saying enough it's enough. Now you're gonna see some changes. [Post 2 of 2]
8-30-2022 Guru Nader From The Mid East I hear people saying "it's nothing that's going on. They're lying. No death." Well yesterday 12 people died...We're not celebrating. We're not chanting...It's too late...the government cannot save themselves anymore. They know the world is watching and we did everything for the world to watch them when we do this. Now it's happening... [Post 1 of 2....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] REPORT 4: Sadr said he's done with the political world that set his followers off...it's bad in the streets and the Framework is killing people in the streets. REPORT 5: Sadr making new remarks now he's saying for all Framework to quit the political scene and let the people of Iraq vote for the government. Sadr calling for calm and stop all violence. [Post 3 of 3]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] UN says they have the right to step into any country and demolish the political issues to avoid bloodshed and have not reached that yet in Iraq but are concerned. REPORT 3: All hell is breaking loose in the green zone. 12 have been killed. Over 260 injured as Sadr protesters storm the green zone. Curfew now in effect for us...The streets are not clear. Folks are demanding parliament be dissolved and many are not leaving. Saying they would rather die than ruled by Iranian backed militia. The streets are ugly. [Post 2 of 3....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: REPORT 1: Sadr group of new followers are outside of green zone in large masses and hit by water cannons from security to turn back... REPORT 2: A lot going on now in the streets. Kazemi is on television saying protesters please stop, obey and be non-violent and stop this! And he said all security forces are to not use live bullets or shoot at anyone...you are required to protect them... [Post 1 of 2....stay tuned]
8-30-2022 Newshound Guru Kaperoni Article: "At least 20 people have been killed in the violence in Baghdad’s Green Zone, medical sources tell Al Jazeera." Usually when this type of violence occurs it's a major setback. It could take months or even years to stabilize and rebuild what is being destroyed right now. And it certainly does not help encourage investors to get involved in Iraq.
8-30-2022 Newshound Guru Paulette ...The Federal Court is hearing the case for dissolution...Legal expert Taminni has clearly laid out the fact that the Federal Court could Dissolve parliament and set up the President to announce the date for early elections and the Caretaker GOI of Kazemi be given Emergency Powers... That is what I am hopeful for!
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are hearing August 30th the Supreme Court will give final word on dissolving the parliament saying it's an option that still exists...we hope the new ruling will dissolve parliament... this making caretaker government in full command until the new elections... FRANK: Everything is going in the direction of Kazemi. Everything is going in the direction of Mustafa of the CBI...government...reforms...white papers...Everything is already international.
8-30-2022 Newshound Guru Samson Article: "The toll of Al-Khadra clashes rises to 10 victims and 200 injured, and the use of heavy weapons in the battles"
8-30-2022 Newshound Guru Sandy Ingram Article: "Two killed as Iraq's powerful Sadr quits politics, loyalists storm complex" Al-Sadr said he would quit politics prompting his loyalist to storm a parliamentary government complex in Baghdad...gunfire echoed over the capital...
8-30-2022 Newshound Guru Kaperoni Tensions in Iraq are beginning to rise violence is now starting. There's been some rockets falling on the green zone including near the US Embassy. This is getting out of hand. The inability to form a government under the current political situation has come to ahead in Iraq.
8-30-2022 Intel Guru Fleming ...As soon as they get their parliament announced then they will be able to go directly to Forex within a few days & post the international rate on the Forex...
8-29-2022 Newshound Guru Petra Article: "The United Nations and Al-Kazemi renew the call on the parties to save Iraqi blood" The UN has the authority under their charter to interdict into national affairs of sustaining members of which Iraq is obviously one...If the UN forces dissolution of Parliament PM K, Halabousi, and Saleh then...there is no arguing or filing a lawsuit action here...Secondly...If the UN forces dissolution then the Judiciary do not need to make a ruling which, was to happen tomorrow. How better scripted is this event and action? IMO, this is going to all happen very quickly!
8-29-2022 Intel Guru MarkZ [via PDK] News is all over the place…this is to be expected. In Iraq is it unrest or are they celebrating? Is something else going on in the green zone? We were told they evacuated US personnel from the embassy in the green zone. But its too early for us to know exactly what is going on. We are still trying to get to the bottom of it. I do have contacts in Reno, DC and Miami that say the unrest in the sand box won’t affect their timing in any way. That it is all optics…sounds right to me. Watching the videos it looks like they are shooting in the air and to me it looks more celebratory than upset. The take away is “Do not panic”.
8-29-2022 Intel Guru Frank26 ...All you have to do is take your credit card and turn it around and see the 800# for your bank...There's no such thing as an "800#". You could maybe say the United States Treasury is an "800#" because you could call them and ask them what banks exchange the Iraqi dinar when the blessing occurs...
8-29-2022 Newshound Guru Clare Article: "Green protesters surround the Republican Palace, and riot control responds with water cannon" Article: "The Green Zone is completely closed and the joint operations call on the demonstrators to withdraw immediately" Article: "Dozens of demonstrators storm the Iraqi Republican Palace"
8-29-2022 Guest Guru Dallasdude Was hoping the EFSL packed a little bit more punch by now...they are just getting around to full implementation... they should have just called it the FSL [Food Security Law, not much E (Emergency)] to show thus far... hopefully ...soon...we see a new rate... I do believe it is the FSL that ultimately brings this to a close, just need some government stability...remember the budget ultimately needs a rate, the rate doesn't need a budget.
8-29-2022 Newshound Guru Samson Article: "Al-Kazemi's most prominent advisor: We have an abundance of money without legal cover to spend it! " Quote: "that abundance did not enter the paragraphs of the Food Security Law, as well as the Federal Court's decision is clear on the issue of not sending any bill through the caretaker government, and this is what prevented us from classifying this abundance legally."
8-29-2022 Newshound Guru Militiaman Article: "Waste and smuggling" ...the central bank sells Iraq instead of the dollar" Looks like the CBI has been sorted from within now... With the new Digital System they have been apparently able to get the corrupt sorted out. Stopping the AUCTIONS was to be expected. I have a strong feeling things are very much so in our favor... Working to sell Iraq, as in IQD? We shall see. Stopping the Multi Currency Practice? Again we shall see!
8-29-2022 Intel Guru MarkZ [via PDK] [did you see Bluwolfs update yesterday…?] He may well be right…he is looking for the next 2 days…that is certainly the chatter going around. ...I am hearing very positive things...I am not going to share specific timing because I don’t know it, but their goal is for it to happen over the next few days. The US appears to be ready. [reference Bluewolf post 8-28-2022]
8-29-2022 Newshound Guru Sandy Ingram Article: "Iraq's top court sets August 30th as date to discuss case for dissolving parliament" ...This article implies that the dissolving of parliament is still on the agenda...
8-29-2022 Newshound Guru Pimpy The military does not normally handle any type of exchange rate change for any currency around the world...there is no military 'standing by'.
8-29-2022 Newshound/Intel Guru Mnt Goat ...When back on FOREX is the ONLY time, we will be able to exchange and not before...The new rate we want must show up on FOREX in order for the banks to legally exchange our dinar at the rate we want...
8-29-2022 Intel Guru MarkZ [via PDK] News is all over the place…this is to be expected. In Iraq is it unrest or are they celebrating? Is something else going on in the green zone? We were told they evacuated US personnel from the embassy in the green zone. But its too early for us to know exactly what is going on. We are still trying to get to the bottom of it. I do have contacts in Reno, DC and Miami that say the unrest in the sand box won’t affect their timing in any way. That it is all optics…sounds right to me. Watching the videos it looks like they are shooting in the air and to me it looks more celebratory than upset. The take away is “Do not panic”.
8-29-2022 Intel Guru Frank26 ...All you have to do is take your credit card and turn it around and see the 800# for your bank...There's no such thing as an "800#". You could maybe say the United States Treasury is an "800#" because you could call them and ask them what banks exchange the Iraqi dinar when the blessing occurs...
8-29-2022 Newshound Guru Clare Article: "Green protesters surround the Republican Palace, and riot control responds with water cannon" Article: "The Green Zone is completely closed and the joint operations call on the demonstrators to withdraw immediately" Article: "Dozens of demonstrators storm the Iraqi Republican Palace"
8-29-2022 Guest Guru Dallasdude Was hoping the EFSL packed a little bit more punch by now...they are just getting around to full implementation... they should have just called it the FSL [Food Security Law, not much E (Emergency)] to show thus far... hopefully ...soon...we see a new rate... I do believe it is the FSL that ultimately brings this to a close, just need some government stability...remember the budget ultimately needs a rate, the rate doesn't need a budget.
8-29-2022 Newshound Guru Samson Article: "Al-Kazemi's most prominent advisor: We have an abundance of money without legal cover to spend it! " Quote: "that abundance did not enter the paragraphs of the Food Security Law, as well as the Federal Court's decision is clear on the issue of not sending any bill through the caretaker government, and this is what prevented us from classifying this abundance legally."
8-29-2022 Newshound Guru Militiaman Article: "Waste and smuggling" ...the central bank sells Iraq instead of the dollar" Looks like the CBI has been sorted from within now... With the new Digital System they have been apparently able to get the corrupt sorted out. Stopping the AUCTIONS was to be expected. I have a strong feeling things are very much so in our favor... Working to sell Iraq, as in IQD? We shall see. Stopping the Multi Currency Practice? Again we shall see!
8-29-2022 Intel Guru MarkZ [via PDK] [did you see Bluwolfs update yesterday…?] He may well be right…he is looking for the next 2 days…that is certainly the chatter going around. ...I am hearing very positive things...I am not going to share specific timing because I don’t know it, but their goal is for it to happen over the next few days. The US appears to be ready. [reference Bluewolf post 8-28-2022]
8-29-2022 Newshound Guru Sandy Ingram Article: "Iraq's top court sets August 30th as date to discuss case for dissolving parliament" ...This article implies that the dissolving of parliament is still on the agenda...
8-29-2022 Newshound Guru Pimpy The military does not normally handle any type of exchange rate change for any currency around the world...there is no military 'standing by'.
8-29-2022 Newshound/Intel Guru Mnt Goat ...When back on FOREX is the ONLY time, we will be able to exchange and not before...The new rate we want must show up on FOREX in order for the banks to legally exchange our dinar at the rate we want...
8-29-2022 *** Dinar Guru Community Preparation News Update *** This week President Biden signed into law the $437 Billion spending bill ironically called the Inflation Reduction Act (IRA). $80 Billion is to be used to increase the size of the IRS... Why does this matter to you? The gurus disagree on how we'll be taxed upon exchange. Some feel there will be no tax, others feel you'll owe capital gains, others feel it will be treated as ordinary income. In the end only one opinion matters with taxes - the IRS's. Whatever they say is what you pay. Consult your tax professionals to determine the right taxes for your unique circumstances. $45 Billion of Biden's Inflation Reduction Act money is specifically for tax collection and enforcement. Reports are between 50,000 to 87,000 IRS agents will be hired. Are they coming for you? Are they coming for people with a financial windfalls? Obviously they're coming for someone. That's why it's important to consult with your tax professionals so you pay the correct amount. Stay tuned as the gurus continue to debate this important subject. The latest guru posts will continue below...
8-28-2022 Newshound Guru Kaperoni Iraq needs a new government. They need Parliament to pass economic laws to encourage investment. And they need to diversify their economy and begin to get away from oil dependence. Until those things happen the Central Bank of Iraq will be in no position to float the Iraqi dinar. Again, only with the success of Iraq's economy can the dinar go up in value. Nothing's going to change until then.
8-28-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you as an American citizen, go to these satellite banks and say 'here's my 3 zero notes please convert it to American dollars'? The answer is yes... [Can] You as an American citizen, take your Iraqi 3 zero note to these banks and say I'd like to deposit this three zero note into your bank as Iraqi currency? No. They have to follow international banking laws...
8-28-2022 Newshound Guru MilitiaMan Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" The UN Charter can intervene in the political process under emergency circumstances...there appears to be support now for the intervention to facilitate the dissolution. Question is, does the UN Intervene prior to or at the same time as the Judiciary is scheduled to meet on the 08/30/2022 time line...
8-28-2022 Intel Guru Frank26 ...[They] were given until the 31st of July to complete the monetary reform. And then they were given 30 days/August to release it...do you think Mustafa and Kazemi care what the Framework/Iran is doing or the fake parliament is trying to do? No. They are moving forward with the monetary reform...they are moving very fast...
8-28-2022 Intel Guru Bluwolf Attention everyone … well this blessing is about to begin... we are almost ready to receive this blessing, according to the Pentagon, we are minute by minute in this aiming to receive the 800 at any moment. Getting the arks of change ready for Monday to Tuesday of this week. Others are also informing them the same thing I had already warned them and that's confirmation...Be blessed and stay alert...The times of victory are approaching...
8-28-2022 Newshound Guru Sandy Ingram If Irene buys a new car, buys a new condo, pays for a full-time nurse for her father, new clothes, a vacation with her boyfriend, then in a very short time she will be BROKE. Preparing for wealth means you research how to generate a monthly income using your initial profits. Here's the kicker, all of your expenses for your new business will be tax deductible. This is how Irene may be able to get a % of the $300,000 back that the bank sent to the IRS. Your mission is to figure out how will you invest your exotic currency profits...this means you join the rich get richer club... [Post 3 of 3]
8-28-2022 Newshound Guru Sandy Ingram The bank decides they need to hold 25% in federal withholding taxes - $312,000...There are 2 things wrong with this scenario. First, you never want to exchange all of your currency at the same financial institution. The most Irene would want to exchange is $500,000 ($250,000 in her account and $250,000 in her father's account) [FDIC $250,000 per depositor]...The second thing Irene wants to do is invest the profits to generate an ongoing monthly income so she can quit her job. [Post 2 of 3....stay tuned]
8-28-2022 Newshound Guru Sandy Ingram [IQD Profits Scenario] for your kids] Meet Irene, she's 28...She recently took over her father's financial affairs...She knows that her father has 5 million IQD. [Example] She heard the IQD floated to $0.25 to $1 US dollar. She has so much more to worry about, she just wants to exchange the IQD paper money for U.S. dollars. If all goes well Irene will get $1,250,000 USD... [Always consult your financial and tax advisors to build a plan that's best for your unique circumstances.] [Post 1 of 3....stay tuned]
8-28-2022 Newshound Guru Samson Article: "US report: Biden's indifference gave Iran the upper hand in Iraq and enabled al-Maliki to lead a judicial coup". Quote: “For some incomprehensible reason, it seems that Iraq, in which the United States fought two major wars during the past decades, did not it is a priority for Washington, and unfortunately, it has become a priority for Tehran."
8-28-2022 Intel Guru MarkZ [via PDK] [Would dong still be about half the rate as the dinar?] That is a good question....The dong rate may be higher based on what I am hearing on the dinar. That would be amazing. Remember nobody knows the exact rate until we get to that finish line.
8-28-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you as an American citizen, go to these satellite banks and say 'here's my 3 zero notes please convert it to American dollars'? The answer is yes... [Can] You as an American citizen, take your Iraqi 3 zero note to these banks and say I'd like to deposit this three zero note into your bank as Iraqi currency? No. They have to follow international banking laws...
8-28-2022 Newshound Guru MilitiaMan Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" The UN Charter can intervene in the political process under emergency circumstances...there appears to be support now for the intervention to facilitate the dissolution. Question is, does the UN Intervene prior to or at the same time as the Judiciary is scheduled to meet on the 08/30/2022 time line...
8-28-2022 Intel Guru Frank26 ...[They] were given until the 31st of July to complete the monetary reform. And then they were given 30 days/August to release it...do you think Mustafa and Kazemi care what the Framework/Iran is doing or the fake parliament is trying to do? No. They are moving forward with the monetary reform...they are moving very fast...
8-28-2022 Intel Guru Bluwolf Attention everyone … well this blessing is about to begin... we are almost ready to receive this blessing, according to the Pentagon, we are minute by minute in this aiming to receive the 800 at any moment. Getting the arks of change ready for Monday to Tuesday of this week. Others are also informing them the same thing I had already warned them and that's confirmation...Be blessed and stay alert...The times of victory are approaching...
8-28-2022 Newshound Guru Sandy Ingram If Irene buys a new car, buys a new condo, pays for a full-time nurse for her father, new clothes, a vacation with her boyfriend, then in a very short time she will be BROKE. Preparing for wealth means you research how to generate a monthly income using your initial profits. Here's the kicker, all of your expenses for your new business will be tax deductible. This is how Irene may be able to get a % of the $300,000 back that the bank sent to the IRS. Your mission is to figure out how will you invest your exotic currency profits...this means you join the rich get richer club... [Post 3 of 3]
8-28-2022 Newshound Guru Sandy Ingram The bank decides they need to hold 25% in federal withholding taxes - $312,000...There are 2 things wrong with this scenario. First, you never want to exchange all of your currency at the same financial institution. The most Irene would want to exchange is $500,000 ($250,000 in her account and $250,000 in her father's account) [FDIC $250,000 per depositor]...The second thing Irene wants to do is invest the profits to generate an ongoing monthly income so she can quit her job. [Post 2 of 3....stay tuned]
8-28-2022 Newshound Guru Sandy Ingram [IQD Profits Scenario] for your kids] Meet Irene, she's 28...She recently took over her father's financial affairs...She knows that her father has 5 million IQD. [Example] She heard the IQD floated to $0.25 to $1 US dollar. She has so much more to worry about, she just wants to exchange the IQD paper money for U.S. dollars. If all goes well Irene will get $1,250,000 USD... [Always consult your financial and tax advisors to build a plan that's best for your unique circumstances.] [Post 1 of 3....stay tuned]
8-28-2022 Newshound Guru Samson Article: "US report: Biden's indifference gave Iran the upper hand in Iraq and enabled al-Maliki to lead a judicial coup". Quote: “For some incomprehensible reason, it seems that Iraq, in which the United States fought two major wars during the past decades, did not it is a priority for Washington, and unfortunately, it has become a priority for Tehran."
8-28-2022 Intel Guru MarkZ [via PDK] [Would dong still be about half the rate as the dinar?] That is a good question....The dong rate may be higher based on what I am hearing on the dinar. That would be amazing. Remember nobody knows the exact rate until we get to that finish line.
8-27-2022 Newshound Guru Militiaman Article: "Al-Kazemi’s advisor identifies the supervisory bodies supervising the emergency support law" Salih confirms the EFSL financial instructions were issued. They are introduced into FORCE. They will continue to be until there is completion of distribution. Let the sink in. They are to keep working until completion...
8-27-2022 Intel Guru MarkZ [via PDK] They do not yet have a rate...The market spread continues in Iraq as the dinar grows stronger against the US dollar. They are refusing to let dinar go out of their hands. This is a good “tell” sign fo us. The US dollar is now worth less as the Iraqi dinar is worth more.
8-27-2022 Intel Guru Frank26 Who do we pay attention to? Kazemi and the governor of the central bank. Do we pay attention to anyone else? No. What about [Iraqi article]'financial experts'? No. What about deputy governors? No. What about ministers? No. What about the Minister of Finance? Well he resigned! ....
8-27-2022 Newshound Guru Samson Article: "Iraqi Parliament Speaker: We have 80 trillion dinars idle financial surplus" Quote: "there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget."
8-27-2022 Newshound Guru Kaperoni The central bank has demonstrated its independence confirming it has sole monetary Authority and it is not influenced by political decision-makers.
8-27-2022 Newshound Guru Paulette Article: "A government meeting to complete the project to modernize public financial management systems". Happy Day for Dinar Holders! Interesting timing considering court case on Tuesday...
8-27-2022 Intel Guru MarkZ [via PDK] My phone has been lit up in anticipation for the next upcoming days... There is a lot of chatter from 2-3 days from now. This is exciting after how quiet they have kept things as of late. There is finally a lot of chatter again.
8-27-2022 Newshound Guru Militiaman Article: "The Federal Court sets August 30 as the date for hearing the case for dissolving Parliament" They again stick to the 08/30/22 date for dissolution... I wonder if the UN pressure gives it support and global legitimacy that they can do it and move forward with reforms.. We shall see..
8-27-2022 Intel Guru Frank26 Article: "A government meeting to complete the project to modernize public financial management systems" ...IF NO MALIKI THEN WE WOULD HAVE A KAZEMI GOVERNMENT...KAZEMI CONTROLLED MALIKI...WE SHARED ER [Economic Reform] & MR [Monetary Reform] WERE IN THE WHITE PAPERS...WE SHARED THE EXCHANGE RATE OF THE MR WOULD BE GIVEN TO THE CITIZENS, BEHOLD!
8-27-2022 Newshound/Intel Guru Mnt Goat ...the CBI reserves are back at an all-time high, something that I believe they will need to conduct the project to delete the zeros and then to move on to the reinstatement...
8-27-2022 Intel Guru MarkZ [via PDK] They do not yet have a rate...The market spread continues in Iraq as the dinar grows stronger against the US dollar. They are refusing to let dinar go out of their hands. This is a good “tell” sign fo us. The US dollar is now worth less as the Iraqi dinar is worth more.
8-27-2022 Intel Guru Frank26 Who do we pay attention to? Kazemi and the governor of the central bank. Do we pay attention to anyone else? No. What about [Iraqi article]'financial experts'? No. What about deputy governors? No. What about ministers? No. What about the Minister of Finance? Well he resigned! ....
8-27-2022 Newshound Guru Samson Article: "Iraqi Parliament Speaker: We have 80 trillion dinars idle financial surplus" Quote: "there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget."
8-27-2022 Newshound Guru Kaperoni The central bank has demonstrated its independence confirming it has sole monetary Authority and it is not influenced by political decision-makers.
8-27-2022 Newshound Guru Paulette Article: "A government meeting to complete the project to modernize public financial management systems". Happy Day for Dinar Holders! Interesting timing considering court case on Tuesday...
8-27-2022 Intel Guru MarkZ [via PDK] My phone has been lit up in anticipation for the next upcoming days... There is a lot of chatter from 2-3 days from now. This is exciting after how quiet they have kept things as of late. There is finally a lot of chatter again.
8-27-2022 Newshound Guru Militiaman Article: "The Federal Court sets August 30 as the date for hearing the case for dissolving Parliament" They again stick to the 08/30/22 date for dissolution... I wonder if the UN pressure gives it support and global legitimacy that they can do it and move forward with reforms.. We shall see..
8-27-2022 Intel Guru Frank26 Article: "A government meeting to complete the project to modernize public financial management systems" ...IF NO MALIKI THEN WE WOULD HAVE A KAZEMI GOVERNMENT...KAZEMI CONTROLLED MALIKI...WE SHARED ER [Economic Reform] & MR [Monetary Reform] WERE IN THE WHITE PAPERS...WE SHARED THE EXCHANGE RATE OF THE MR WOULD BE GIVEN TO THE CITIZENS, BEHOLD!
8-27-2022 Newshound/Intel Guru Mnt Goat ...the CBI reserves are back at an all-time high, something that I believe they will need to conduct the project to delete the zeros and then to move on to the reinstatement...
8-26-2022 Newshound Guru MilitiaMan Article: "The unified card reaches Iraqis abroad" They are issuing cards outside the country? Would that be because they have taken care of everyone or at least real close at home? Satellite banks around the world would need to be up to date on any new mechanisms coming out...imo. Add in the past education and more even today... Looks promising. Even if the political side looks to be in an emergency situation... Which if does get to the emergency powers state then the RI may began in full force.
8-26-2022 Intel Guru MarkZ [via PDK] Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate. Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
8-26-2022 Newshound Guru Samson Article: "Al-Kazemi’s advisor: The emergency support law has entered into force"
8-26-2022 Intel Guru Bruce [via WiserNow] ...we were given a timeframe Tuesday night that looked like we were good to go from today [Thursday], through Monday...What we have heard is...that that five day or six day window has been reduced to a three day window...Friday and Saturday are in play – very much in play... remember, it's not an absolute. This thing is the biggest moving target I've ever seen...there's a lot going on behind the scenes right now. More than I can say, and I just think it's It's all designed for us to get this thing done...So let's see what develops...
8-26-2022 Newshound Guru Pimpy Any effect on the currency exchange rate is universal. There is no in-country/out-of-country...
9-26-2022 Intel Guru Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI... [Post 2 of 2]
8-26-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans... [Post 1 of 2....stay tuned]
8-26-2022 Intel Guru MarkZ [via PDK] Not a lot of news overnight...Still hearing positive things out of Iraq with a possibility of something tomorrow, but most likely it will be sometime next week. So watch from tomorrow till next Saturday for big happenings. We hope they meet their goals.
8-26-2022 Newshound Guru Kaperoni Advisor to the prime minister Saleh stated today due to the conditions in Iraq they will need double the time that they determined to implement the white paper. Originally it was expected 3 years so now they're talking at least 6 years. My guess is 10. So any talk of financial reform is nonsense at this time because financial reform cannot occur until after economic reform.
8-26-2022 Intel Guru Frank26 Article: "In Baghdad.. A national trade forum that includes an exhibition (Made in Iraq) and international visits to Iraqi projects" DO YOU UNDERSTAND THE WORDS THAT ARE COMING OUT OF MY MOUTH...INTERNATIONAL!
8-26-2022 Newshound Guru Militiaman Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" Whether we like the UN or not, they bring arrows in their quiver to the table...taking into consideration...that there has been unprecedented threats against not just the judiciary, but the finance minister and political side...There is data out lately to support that if they don't have things sorted accordingly in short order they can impose Chapter VII tutelage.. That my friends would not be in our favor. imo...
8-26-2022 Intel Guru MarkZ [via PDK] I’m getting a lot of mixed signals from Iraq. When asking about when do they expect the new rate …I am hearing everything from this Saturday …to next Wednesday…to the following Saturday. I think it’s positive it’s being put in such a short time squeeze. We don’t know when it’s going to happen…but this is a good window to look for it... [Friday] thru the 29th should be hot times...
8-26-2022 Newshound/Intel Guru Mnt Goat Article: "AL-SADR’S MINISTER ATTACKS HIS OPPONENTS AGAIN: THEY WANT TO FORM A GOVERNMENT IN ORDER TO COMPLETE THE SALE OF WHAT IS LEFT OF IRAQ" I think this article just about says it all in what the corrupt in Iraq want to do and will do if they get back in power...It is clear now the fate of Iraq but only if Sadr is not successful...We can see that as time goes by Sadr is pushing more and more for the exposure of the files of the corrupt. He is relentless in pursuit of justice. It is only a matter of time since time is on Sadr’s side. The pressure builds. Of course, we are discouraged this process is taking so darn long. But the process is finally here and so be patient...
8-26-2022 Intel Guru MarkZ [via PDK] Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate. Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
8-26-2022 Newshound Guru Samson Article: "Al-Kazemi’s advisor: The emergency support law has entered into force"
8-26-2022 Intel Guru Bruce [via WiserNow] ...we were given a timeframe Tuesday night that looked like we were good to go from today [Thursday], through Monday...What we have heard is...that that five day or six day window has been reduced to a three day window...Friday and Saturday are in play – very much in play... remember, it's not an absolute. This thing is the biggest moving target I've ever seen...there's a lot going on behind the scenes right now. More than I can say, and I just think it's It's all designed for us to get this thing done...So let's see what develops...
8-26-2022 Newshound Guru Pimpy Any effect on the currency exchange rate is universal. There is no in-country/out-of-country...
9-26-2022 Intel Guru Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI... [Post 2 of 2]
8-26-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans... [Post 1 of 2....stay tuned]
8-26-2022 Intel Guru MarkZ [via PDK] Not a lot of news overnight...Still hearing positive things out of Iraq with a possibility of something tomorrow, but most likely it will be sometime next week. So watch from tomorrow till next Saturday for big happenings. We hope they meet their goals.
8-26-2022 Newshound Guru Kaperoni Advisor to the prime minister Saleh stated today due to the conditions in Iraq they will need double the time that they determined to implement the white paper. Originally it was expected 3 years so now they're talking at least 6 years. My guess is 10. So any talk of financial reform is nonsense at this time because financial reform cannot occur until after economic reform.
8-26-2022 Intel Guru Frank26 Article: "In Baghdad.. A national trade forum that includes an exhibition (Made in Iraq) and international visits to Iraqi projects" DO YOU UNDERSTAND THE WORDS THAT ARE COMING OUT OF MY MOUTH...INTERNATIONAL!
8-26-2022 Newshound Guru Militiaman Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" Whether we like the UN or not, they bring arrows in their quiver to the table...taking into consideration...that there has been unprecedented threats against not just the judiciary, but the finance minister and political side...There is data out lately to support that if they don't have things sorted accordingly in short order they can impose Chapter VII tutelage.. That my friends would not be in our favor. imo...
8-26-2022 Intel Guru MarkZ [via PDK] I’m getting a lot of mixed signals from Iraq. When asking about when do they expect the new rate …I am hearing everything from this Saturday …to next Wednesday…to the following Saturday. I think it’s positive it’s being put in such a short time squeeze. We don’t know when it’s going to happen…but this is a good window to look for it... [Friday] thru the 29th should be hot times...
8-26-2022 Newshound/Intel Guru Mnt Goat Article: "AL-SADR’S MINISTER ATTACKS HIS OPPONENTS AGAIN: THEY WANT TO FORM A GOVERNMENT IN ORDER TO COMPLETE THE SALE OF WHAT IS LEFT OF IRAQ" I think this article just about says it all in what the corrupt in Iraq want to do and will do if they get back in power...It is clear now the fate of Iraq but only if Sadr is not successful...We can see that as time goes by Sadr is pushing more and more for the exposure of the files of the corrupt. He is relentless in pursuit of justice. It is only a matter of time since time is on Sadr’s side. The pressure builds. Of course, we are discouraged this process is taking so darn long. But the process is finally here and so be patient...
8-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We see a lot today. We are having what is called A and B exchange...this is for the company like Western Union to be set up here. FRANK: International! Because you are about to float your currency! FIREFLY: This is amazing! This task is for us Iraqi citizens. We know what this means. We know we're going out internationally. We know the currency is about to float...
8-25-2022 Intel Guru MarkZ [via PDK] I’m seeing a whole lot of chatter that Fleming is saying Iraq has a date and a rate. [reference Guru Fleming 8-25-2022] I can tell you that Iraq has a rate and a goal…a date they are shooting for. And it is soon. I was told the target date is within a few short weeks. ......if I knew the rate I would tell you the rate...I am being told it is “higher” than the rates I have told you. They are telling me I will be pleasantly surprised. I had been consistently hearing iraq’s international rate is around $4 and that we should get somewhere in the $6 to $8 dollar range. They are telling me I am low in that expectation.
8-25-2022 Guest Guru BobTheTaxMan Before you jump - get professional help...fear and greed are going to come into play. It's going to be easy to want to just jump. Say I have 2 million, I'll get 1 million out of the deal let's go for it...but...once you buy a house how are you going to sustain it? Maintenance, taxes, living? One thing you may consider is just exchange a small amount to reduce your tax exposure and then buy the large items like a house on time...Remember when you exchange that IQD you have a taxable event. You just obligated yourself to have to pay taxes... [NOTE - Consult your financial and tax professionals at the appropriate time to build the exchange plan best for your unique circumstances.]
8-25-2022 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR REVEALS THE FATE OF THE FEDERAL BUDGET AND THE WHITE PAPER" The good news today...came out from Iraq that includes information on the fate of the White Paper. They have not given up on it. This is VERY GOOD news! This is important as we know that it is ultimately the White Paper that will seal our fate in the reinstatement of the dinar back to FOREX currency exchange and this is when we go to the bank to exchange.
8-25-2022 Newshound Guru Kaperoni Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil. Until Iraq passes laws diversifies their economy the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.
8-25-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] The citizens will soon find out what the two are doing. The two are very busy. ATMs. They go to a bank that belongs to them in the United States of America (Michigan) and they set up weeks ago ATMs in there with whatever software is needed in them. That's interesting... Remember these banks may not necessarily be for you. They can be. But they're actually for the Iraqi citizens...
8-25-2022 Newshound Guru Sandy Ingram This latest purchases is big, really big. Why does Iraq want France's new fighter jet? ...14...aircraft will be ordered by Iraq from France. Here's the kicker, Iraq will pay for the jets with $240 million in oil...this is not a big deal for Iraq. Oil is averaging $100/barrel, this is approximately 2.4 million barrels of oil. Crude oil production in Iraq averages 4.5 million barrels per day. It will take Iraq half a day to pay for the 14 fighter jets...
8-25-2022 Intel Guru Fleming Iraq has a date and a rate according to contacts...watch for the announcement of the new Iraqi Parliament which is now in formation in the background ready to go... Within a few days of selecting a new Parliament there will be new global forex rate for the IQD announced. Iraq has the new Parliament ready now so it won't be much longer. Once that new Parliament comes it will be within a few days that they announce the new rate...it's very close.
8-25-2022 Newshound Guru Samson Article: "Riyan” accounts for the Iraqi state.. Oil continued to contribute 96% for the third month" Quote: "non-oil revenues amounted to 3 trillion and 163 billion and 857 million and 400 thousand and 641 dinars, which constitutes 4% of the total revenues."
8-25-2022 Intel Guru MarkZ [via PDK] [What iyo- is the absolute worst case scenario of when is the RV?] The absolute worse case scenario imo…is that...it happens in oct. I still believe it will be much sooner than that.
8-25-2022 Intel Guru Frank26 Article: "After scandals escalated, the Central Bank topples a company that mediated in the currency auction" You are seeing Mustafa has control over the monetary reform...WE TOLD YOU THEY HAD UNTIL THE END OF JULY, THEN WE TOLD YOU THEY WOULD GIVE THEM 30 DAYS IN AUGUST, BUT IT LOOKS LIKE THEY ARE GIVING THEM 50 DAYS... Quote: "About $2.5 billion during a period of 50 days preceding the date of the exchange rate change". We told you there was a date in Titanium!
8-25-2022 Intel Guru Bruce [via WiserNow] I think we're going to get there – Hopefully - Yes By the end of the month...We're supposed to get this thing started here. I'd say this week, but I can't call it...but I feel like we are really, really getting close.
8-25-2022 Intel Guru MarkZ [via PDK] I’m seeing a whole lot of chatter that Fleming is saying Iraq has a date and a rate. [reference Guru Fleming 8-25-2022] I can tell you that Iraq has a rate and a goal…a date they are shooting for. And it is soon. I was told the target date is within a few short weeks. ......if I knew the rate I would tell you the rate...I am being told it is “higher” than the rates I have told you. They are telling me I will be pleasantly surprised. I had been consistently hearing iraq’s international rate is around $4 and that we should get somewhere in the $6 to $8 dollar range. They are telling me I am low in that expectation.
8-25-2022 Guest Guru BobTheTaxMan Before you jump - get professional help...fear and greed are going to come into play. It's going to be easy to want to just jump. Say I have 2 million, I'll get 1 million out of the deal let's go for it...but...once you buy a house how are you going to sustain it? Maintenance, taxes, living? One thing you may consider is just exchange a small amount to reduce your tax exposure and then buy the large items like a house on time...Remember when you exchange that IQD you have a taxable event. You just obligated yourself to have to pay taxes... [NOTE - Consult your financial and tax professionals at the appropriate time to build the exchange plan best for your unique circumstances.]
8-25-2022 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR REVEALS THE FATE OF THE FEDERAL BUDGET AND THE WHITE PAPER" The good news today...came out from Iraq that includes information on the fate of the White Paper. They have not given up on it. This is VERY GOOD news! This is important as we know that it is ultimately the White Paper that will seal our fate in the reinstatement of the dinar back to FOREX currency exchange and this is when we go to the bank to exchange.
8-25-2022 Newshound Guru Kaperoni Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil. Until Iraq passes laws diversifies their economy the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.
8-25-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] The citizens will soon find out what the two are doing. The two are very busy. ATMs. They go to a bank that belongs to them in the United States of America (Michigan) and they set up weeks ago ATMs in there with whatever software is needed in them. That's interesting... Remember these banks may not necessarily be for you. They can be. But they're actually for the Iraqi citizens...
8-25-2022 Newshound Guru Sandy Ingram This latest purchases is big, really big. Why does Iraq want France's new fighter jet? ...14...aircraft will be ordered by Iraq from France. Here's the kicker, Iraq will pay for the jets with $240 million in oil...this is not a big deal for Iraq. Oil is averaging $100/barrel, this is approximately 2.4 million barrels of oil. Crude oil production in Iraq averages 4.5 million barrels per day. It will take Iraq half a day to pay for the 14 fighter jets...
8-25-2022 Intel Guru Fleming Iraq has a date and a rate according to contacts...watch for the announcement of the new Iraqi Parliament which is now in formation in the background ready to go... Within a few days of selecting a new Parliament there will be new global forex rate for the IQD announced. Iraq has the new Parliament ready now so it won't be much longer. Once that new Parliament comes it will be within a few days that they announce the new rate...it's very close.
8-25-2022 Newshound Guru Samson Article: "Riyan” accounts for the Iraqi state.. Oil continued to contribute 96% for the third month" Quote: "non-oil revenues amounted to 3 trillion and 163 billion and 857 million and 400 thousand and 641 dinars, which constitutes 4% of the total revenues."
8-25-2022 Intel Guru MarkZ [via PDK] [What iyo- is the absolute worst case scenario of when is the RV?] The absolute worse case scenario imo…is that...it happens in oct. I still believe it will be much sooner than that.
8-25-2022 Intel Guru Frank26 Article: "After scandals escalated, the Central Bank topples a company that mediated in the currency auction" You are seeing Mustafa has control over the monetary reform...WE TOLD YOU THEY HAD UNTIL THE END OF JULY, THEN WE TOLD YOU THEY WOULD GIVE THEM 30 DAYS IN AUGUST, BUT IT LOOKS LIKE THEY ARE GIVING THEM 50 DAYS... Quote: "About $2.5 billion during a period of 50 days preceding the date of the exchange rate change". We told you there was a date in Titanium!
8-25-2022 Intel Guru Bruce [via WiserNow] I think we're going to get there – Hopefully - Yes By the end of the month...We're supposed to get this thing started here. I'd say this week, but I can't call it...but I feel like we are really, really getting close.
8-24-2022 Guru Nader From The Mid East ...It's gonna happen. Just be patient. Let the country calm down a little bit. Let the government sit...a lot of things have to be done before this...Al-Kazemi...I think...60% he's going to be elected 40% maybe not...
8-24-2022 Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] 2 gentlemen [From walkingstick's old firm with 6 banks. 2 in Iraq and 4 in Jordan] went to their bank [in Michigan]. When the CBI makes a move...they let all the banks know. Not just Iraq but internationally too...so the CBI IMO is sending the owners of these banks to their banks to prepare for the announcement of the reinstatement of their currency. All of this requires an announced seated government...
8-24-2022 Newshound Guru Kaperoni The reason the currency auctions in Iraq exist are twofold, one is to supply dollars to pay for imports because most if not all international banks do not accept Iraqi dinars as payment since the central bank is in IMF Article XIV...And the most important reason is to maintain stability of the exchange rate of the dinar because the dinar is pegged to the dollar. Therefore, the currency auctions have to exist and will not end until Iraq 's currency becomes more convertible worldwide.
8-24-2022 Intel Guru MarkZ [via PDK] Pretty quiet out of the Iraqi side. I believe they are still putting all the pieces in place. I think what I shared last night [reference MarkZ post 8-23-2022] was a huge chunk as to what to expect timing wise...The article came out Aug 20 or 21st about the currency dealers. We do not know officially when the 50 days started. Those dealers got fined millions of dinar for trading within 50 days of a revaluation.
8-24-2022 Guest Guru Suzie We have about a week for the banks to be "hooked up" internationally, will we and the people of Iraq who've been waiting on their purchasing power be dancing in the streets.....or do the dinars go back into the shoebox?
8-24-2022 Newshound Guru Samson Article: "Gallup Publishes A Poll Revealing The Extent To Which Iraqis Trust The Current Parliament" Quote: "Sunday, a poll indicating that the current Iraqi parliament has the least confidence, compared to previous sessions...The current parliament has the least confidence that any Iraqi parliament has had since 2006, as the percentage of Iraqis in general who trust it is only 12%, according to the latest Iraqi public opinion poll conducted by the Gallup International Polls...."
8-24-2022 Intel Guru Frank26 The CBI is very busy as you can see with the articles with many banks around the world. For a program rate? No. No. No. Strongly IMO to put these banks at an International understanding that the Iraqi dinar is about to go international. Float. And change its exchange rate and add value to it. Deep in my heart this is what I believe the CBI governor has been telling over 200 banks...all year preparing them.
8-24-2022 Intel Guru MarkZ [via PDK] Article: "Al Kazemi cut short his visit to Egypt and called for an immediate meeting" This is due to protests and the evacuation of the CBI as the Sadr movement has taken to sitting outside… Article: "Evacuation of the Central Bank of Iraq Complex in Baghdad for security reasons” ...there has not been any violence... …IMO the media is blowing this out of proportion…but, imo we are getting close to a culmination of events there. Talking to people on the streets of Iraq …they are far more positive then what we are reading in their press. It is positive that we are coming to a forced resolution in Iraqi differences.
8-24-2022 Newshound/Intel Guru Mnt Goat No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political parties...Hanan Al-Fatlawi, announced... Sunday, the acceptance of the debate...If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.
8-24-2022 Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] 2 gentlemen [From walkingstick's old firm with 6 banks. 2 in Iraq and 4 in Jordan] went to their bank [in Michigan]. When the CBI makes a move...they let all the banks know. Not just Iraq but internationally too...so the CBI IMO is sending the owners of these banks to their banks to prepare for the announcement of the reinstatement of their currency. All of this requires an announced seated government...
8-24-2022 Newshound Guru Kaperoni The reason the currency auctions in Iraq exist are twofold, one is to supply dollars to pay for imports because most if not all international banks do not accept Iraqi dinars as payment since the central bank is in IMF Article XIV...And the most important reason is to maintain stability of the exchange rate of the dinar because the dinar is pegged to the dollar. Therefore, the currency auctions have to exist and will not end until Iraq 's currency becomes more convertible worldwide.
8-24-2022 Intel Guru MarkZ [via PDK] Pretty quiet out of the Iraqi side. I believe they are still putting all the pieces in place. I think what I shared last night [reference MarkZ post 8-23-2022] was a huge chunk as to what to expect timing wise...The article came out Aug 20 or 21st about the currency dealers. We do not know officially when the 50 days started. Those dealers got fined millions of dinar for trading within 50 days of a revaluation.
8-24-2022 Guest Guru Suzie We have about a week for the banks to be "hooked up" internationally, will we and the people of Iraq who've been waiting on their purchasing power be dancing in the streets.....or do the dinars go back into the shoebox?
8-24-2022 Newshound Guru Samson Article: "Gallup Publishes A Poll Revealing The Extent To Which Iraqis Trust The Current Parliament" Quote: "Sunday, a poll indicating that the current Iraqi parliament has the least confidence, compared to previous sessions...The current parliament has the least confidence that any Iraqi parliament has had since 2006, as the percentage of Iraqis in general who trust it is only 12%, according to the latest Iraqi public opinion poll conducted by the Gallup International Polls...."
8-24-2022 Intel Guru Frank26 The CBI is very busy as you can see with the articles with many banks around the world. For a program rate? No. No. No. Strongly IMO to put these banks at an International understanding that the Iraqi dinar is about to go international. Float. And change its exchange rate and add value to it. Deep in my heart this is what I believe the CBI governor has been telling over 200 banks...all year preparing them.
8-24-2022 Intel Guru MarkZ [via PDK] Article: "Al Kazemi cut short his visit to Egypt and called for an immediate meeting" This is due to protests and the evacuation of the CBI as the Sadr movement has taken to sitting outside… Article: "Evacuation of the Central Bank of Iraq Complex in Baghdad for security reasons” ...there has not been any violence... …IMO the media is blowing this out of proportion…but, imo we are getting close to a culmination of events there. Talking to people on the streets of Iraq …they are far more positive then what we are reading in their press. It is positive that we are coming to a forced resolution in Iraqi differences.
8-24-2022 Newshound/Intel Guru Mnt Goat No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political parties...Hanan Al-Fatlawi, announced... Sunday, the acceptance of the debate...If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.
8-23-2022 Intel Guru MarkZ [via PDK] This article is big…“Ater scandals escalated, the central bank ousted a company that mediated in the currency auctions” What’s important here is this company is being fined billions of dinar because they traded during the 50 day period preceding the date of the exchange rate change...which is illegal. I think this might be a key piece. It seems to me they are saying they know the rate is going to change within 50 days... They have been sanctioned…their accounts were emptied of dinar because this company was buying and selling within 50 days before an exchange rate change. This may be a key piece that lets us know how close we are. IMO this means they know the RV is coming within a set period of time.
8-23-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Issues A Study Entitled "Analysis Of Symmetric And Asymmetric Information In The Structure Of Fluctuation In Real Exchange Rates" Well well.. Look at the preemptive study that had been on going for 5 years. There is a meeting in Egypt that includes Iraq on Monday.. Think about the good news that will come once the international exchange rate of Iraq is placed in the AMF basket of currencies.. All boats rise with the tide...
8-23-2022 Newshound Guru Breitling It's very rare for a country to swap out [their currency] and not let people exchange. You have to get that out of your head because it's not a reality. It doesn't work that way. The economy would collapse. Remember when they [The CBI] retired the 50 dinar note? You had a timeframe to exchange... [NOTE: We had 60 days to get your 50 dinar notes to online brokers to exchange for different denomination notes or currency.]
8-23-2022 Intel Guru MarkZ [via PDK] Everybody is still sitting in a prepared position waiting for the switch to get flipped. Wish we had a better idea on timing…
8-23-2022 Newshound Guru Kaperoni The IMF's made it clear that they would like Iraq to float the currency and allow the dinar to gradually appreciate over time. This is the best way for the dinar to gain value... Iraq's economy is extremely underdeveloped. And only with the success and growth of diversifying their economy can the dinar go up in value.
8-23-2022 Newshound Guru Pimpy I've reconsidered getting a job as one of those redemption center people. They have been on standby now for 15 years. So basically they get paid to sit there by the machines and wait. Man, I wonder what kind of money they make per hour.
8-23-2022 Intel Guru MarkZ [via PDK] [What happened to the contractors in Iraq that were supposed to be paid August 15th.] Let’s just say they are very happy.
8-23-2022 Newshound Guru Samson Article: "The Sadrist movement demands the resignation of Faeq Zeidan" Quote: "The people want the reform of the judiciary."
8-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They're saying the reserves will be over $92 billion by the end of the year...we believe it's a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: ...The education of the monetary reform is being expressed to you successfully...Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not...And look who's telling it to you. The leaders. These are the best of times for your country.
8-23-2022 Intel Guru MarkZ [via PDK] I am being told you will have 10 days to set the appointment and 30 days to exchange. Then I am being told 30 days after it actually goes …we will not be able to exchange the big notes anymore.
8-23-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Issues A Study Entitled "Analysis Of Symmetric And Asymmetric Information In The Structure Of Fluctuation In Real Exchange Rates" Well well.. Look at the preemptive study that had been on going for 5 years. There is a meeting in Egypt that includes Iraq on Monday.. Think about the good news that will come once the international exchange rate of Iraq is placed in the AMF basket of currencies.. All boats rise with the tide...
8-23-2022 Newshound Guru Breitling It's very rare for a country to swap out [their currency] and not let people exchange. You have to get that out of your head because it's not a reality. It doesn't work that way. The economy would collapse. Remember when they [The CBI] retired the 50 dinar note? You had a timeframe to exchange... [NOTE: We had 60 days to get your 50 dinar notes to online brokers to exchange for different denomination notes or currency.]
8-23-2022 Intel Guru MarkZ [via PDK] Everybody is still sitting in a prepared position waiting for the switch to get flipped. Wish we had a better idea on timing…
8-23-2022 Newshound Guru Kaperoni The IMF's made it clear that they would like Iraq to float the currency and allow the dinar to gradually appreciate over time. This is the best way for the dinar to gain value... Iraq's economy is extremely underdeveloped. And only with the success and growth of diversifying their economy can the dinar go up in value.
8-23-2022 Newshound Guru Pimpy I've reconsidered getting a job as one of those redemption center people. They have been on standby now for 15 years. So basically they get paid to sit there by the machines and wait. Man, I wonder what kind of money they make per hour.
8-23-2022 Intel Guru MarkZ [via PDK] [What happened to the contractors in Iraq that were supposed to be paid August 15th.] Let’s just say they are very happy.
8-23-2022 Newshound Guru Samson Article: "The Sadrist movement demands the resignation of Faeq Zeidan" Quote: "The people want the reform of the judiciary."
8-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They're saying the reserves will be over $92 billion by the end of the year...we believe it's a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: ...The education of the monetary reform is being expressed to you successfully...Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not...And look who's telling it to you. The leaders. These are the best of times for your country.
8-23-2022 Intel Guru MarkZ [via PDK] I am being told you will have 10 days to set the appointment and 30 days to exchange. Then I am being told 30 days after it actually goes …we will not be able to exchange the big notes anymore.
8-22-2022 Intel Guru Frank26 The auctions are there because when they sell their oil in American dollars it's then converted into Iraqi dinars. The auctions are now being changed that whenever they sell their oil it's being sold in Iraq dinar...There will not be an avenue where they can steal in the transaction from American dollars or foreign currency into Iraqi dinars...
8-22-2022 Newshound Guru Militiaman If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community. All of which are watching and converging for the same thing. The UN...told us that the political issue is not impossible and the reforms can go forward.
8-22-2022 Newshound Guru Pimpy ...We know the dollar is declining. I've been saying that now for quite some time...it's dying. It's dead. It's like a zombie walking around...they [Iraqis] need to unpeg themselves, if Iraq was smart they would do the same thing that Russia does...if you're going to buy our oil...you have to use Iraqi dinar, period...the country is already rich as it is, whoa, I can't even begin to imagine what would happen if they did that...
8-22-2022 Newshound Guru Kaperoni Many people don't like the fact that I constantly state there is no RV. But that's the truth, it's not how monetary policy works...We have to hope that Iraq can diversify their resources away from oil and create a private sector economy that begins to flourish. Only then can the CBI allow the dinar to gradually appreciate via a float.
8-22-2022 Newshound Guru Sandy Ingram Article: "Central Bank: Cash reserves to rise to $90 billion by the end of 2022" ...as a result of the rise in global oil prices...the increase in gold reserves and certainly the increase in cash reserves is part of the process for a higher exchange rate against the US dollar.
8-22-2022 Newshound Guru Samson Article: "Ahead of Egypt, Iraq is ranked 79th in the world as the poorest people in the world". Quote: "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, where the Iraqi per capita GDP amounted to 12,141 thousand dollars annually"
8-22-2022 Intel Guru MarkZ [via PDK] [Are we still looking at a month out?] Not based on what I hear from contractors in Iraq. I think much sooner. But, none of us know the exact timing.
8-22-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" GETTING READY FOR A MEDIA CAMPAIGN WITH THE CBI...
8-22-2022 Newshound/Intel Guru Mnt Goat ...I will say that something is in the planning stages with this IQD currency. Of course they are not going to give us a date. I still believe our best target is January 2023 but this too is conditional in forming the new govt and ridding Iraq of corruption.
8-22-2022 Newshound Guru Militiaman If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community. All of which are watching and converging for the same thing. The UN...told us that the political issue is not impossible and the reforms can go forward.
8-22-2022 Newshound Guru Pimpy ...We know the dollar is declining. I've been saying that now for quite some time...it's dying. It's dead. It's like a zombie walking around...they [Iraqis] need to unpeg themselves, if Iraq was smart they would do the same thing that Russia does...if you're going to buy our oil...you have to use Iraqi dinar, period...the country is already rich as it is, whoa, I can't even begin to imagine what would happen if they did that...
8-22-2022 Newshound Guru Kaperoni Many people don't like the fact that I constantly state there is no RV. But that's the truth, it's not how monetary policy works...We have to hope that Iraq can diversify their resources away from oil and create a private sector economy that begins to flourish. Only then can the CBI allow the dinar to gradually appreciate via a float.
8-22-2022 Newshound Guru Sandy Ingram Article: "Central Bank: Cash reserves to rise to $90 billion by the end of 2022" ...as a result of the rise in global oil prices...the increase in gold reserves and certainly the increase in cash reserves is part of the process for a higher exchange rate against the US dollar.
8-22-2022 Newshound Guru Samson Article: "Ahead of Egypt, Iraq is ranked 79th in the world as the poorest people in the world". Quote: "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, where the Iraqi per capita GDP amounted to 12,141 thousand dollars annually"
8-22-2022 Intel Guru MarkZ [via PDK] [Are we still looking at a month out?] Not based on what I hear from contractors in Iraq. I think much sooner. But, none of us know the exact timing.
8-22-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" GETTING READY FOR A MEDIA CAMPAIGN WITH THE CBI...
8-22-2022 Newshound/Intel Guru Mnt Goat ...I will say that something is in the planning stages with this IQD currency. Of course they are not going to give us a date. I still believe our best target is January 2023 but this too is conditional in forming the new govt and ridding Iraq of corruption.
8-21-2022 Intel Guru Frank26 There are millions in the streets not to protest but to protect, Sadr, Mustafa, the auctions, the parliament, the cabinet, the reforms, the white papers, investors and I believe we're going to see some progress.
8-21-2022 Newshound Guru Paulette Some of the confusion I believe is in terminology...Parliament and the "government" are two totally separate and distinct entities. The members of the GOI do not attend Parliament unless requested to do so by Parliament and the members of Parliament never attend sessions of the GOI.
8-21-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve will rise to $90 billion by the end of 2022". Quote: "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, as it increased by about 30 tons, and this led to a high ranking of Iraq globally..."
8-21-2022 Newshound Guru BobTheTaxMan ...Exchanging the IQD in a high amount is going to be a costly event...to give up half of it just because you want to panic isn't good thinking at all...they do want to add an extra 3% tax on anybody who cashes in more than a million. Any funds and properties you acquire could be exposed to estate taxes on your passing. That's the nasty part. Determining a plan before the revaluation could literally save you millions in taxes. It could provide you a lifetime of income and offer potential tax-free exchange... [NOTE - Consult your financial and tax professionals at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
8-21-2022 Newshound Guru Pimpy [Pessimistic Comments about the dinar] 'it's a scam.' 'It's a ripoff.' It's a currency. The currency doesn't rip people off. There are people out there using the dinar to rip people off. There's a huge difference...
8-21-2022 Newshound Guru Tivon Comex 589, Basel 3 Compliant, ISO-20022 - These three things should always be the deciding factor as to who you decide to bank with. I don't care about the title or name of the bank. If they are not operating within those parameters then you should not put your money in any of those banks...Then...from there - How much insurance can they cover...Then...interest... Remember banks can be foreclosed on too. [NOTE: Speak with your financial advisor at the appropriate time to build the best financial stack for your unique situation.]
8-21-2022 Newshound Guru MilitiaMan Community comment "Thought the EFSL was going to help...Iraq better get a move on, I don't see a new exchange rate in the near future based on Iraq's and the world's news of what's happening there," I am not sure what news globally, regionally and or even locally that makes you feel that there is to much going on for this not to happen anytime soon. I don't see anything that would suggest that Sadr and Kahdimi don't have the Citizens in mind and their needs met in a hurry. They clearly do...my view is different in that what we are witnessing is that there is a battle between the CF and Sadrists.. That battle is coming to a head and fast.
8-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] The CBI back on the news...they met with the United States Ambassador ...discussed money laundering efforts. That's interesting for a program rate? It's pretty obvious why he's discussing this and how Iraq has improved. And this is why the cash and gold reserves are so strong in our country of Iraq. Also they talked about the political scene that is still in turmoil...
8-21-2022 Intel Guru MarkZ [via PDK] ...there is a lot of festive folks in the streets according to 3 of my sources over there this morning. They are expected to have open air meetings in the streets…They are literally pounding out their differences in front of everybody. They are not behind closed doors in closed sessions. The push continues and they hope to have things sat within the coming days so they can execute their white paper economic reforms. That is the conversation in the Iraqi streets today. This is exciting in my book.
8-21-2022 Newshound Guru Paulette Some of the confusion I believe is in terminology...Parliament and the "government" are two totally separate and distinct entities. The members of the GOI do not attend Parliament unless requested to do so by Parliament and the members of Parliament never attend sessions of the GOI.
8-21-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve will rise to $90 billion by the end of 2022". Quote: "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, as it increased by about 30 tons, and this led to a high ranking of Iraq globally..."
8-21-2022 Newshound Guru BobTheTaxMan ...Exchanging the IQD in a high amount is going to be a costly event...to give up half of it just because you want to panic isn't good thinking at all...they do want to add an extra 3% tax on anybody who cashes in more than a million. Any funds and properties you acquire could be exposed to estate taxes on your passing. That's the nasty part. Determining a plan before the revaluation could literally save you millions in taxes. It could provide you a lifetime of income and offer potential tax-free exchange... [NOTE - Consult your financial and tax professionals at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
8-21-2022 Newshound Guru Pimpy [Pessimistic Comments about the dinar] 'it's a scam.' 'It's a ripoff.' It's a currency. The currency doesn't rip people off. There are people out there using the dinar to rip people off. There's a huge difference...
8-21-2022 Newshound Guru Tivon Comex 589, Basel 3 Compliant, ISO-20022 - These three things should always be the deciding factor as to who you decide to bank with. I don't care about the title or name of the bank. If they are not operating within those parameters then you should not put your money in any of those banks...Then...from there - How much insurance can they cover...Then...interest... Remember banks can be foreclosed on too. [NOTE: Speak with your financial advisor at the appropriate time to build the best financial stack for your unique situation.]
8-21-2022 Newshound Guru MilitiaMan Community comment "Thought the EFSL was going to help...Iraq better get a move on, I don't see a new exchange rate in the near future based on Iraq's and the world's news of what's happening there," I am not sure what news globally, regionally and or even locally that makes you feel that there is to much going on for this not to happen anytime soon. I don't see anything that would suggest that Sadr and Kahdimi don't have the Citizens in mind and their needs met in a hurry. They clearly do...my view is different in that what we are witnessing is that there is a battle between the CF and Sadrists.. That battle is coming to a head and fast.
8-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] The CBI back on the news...they met with the United States Ambassador ...discussed money laundering efforts. That's interesting for a program rate? It's pretty obvious why he's discussing this and how Iraq has improved. And this is why the cash and gold reserves are so strong in our country of Iraq. Also they talked about the political scene that is still in turmoil...
8-21-2022 Intel Guru MarkZ [via PDK] ...there is a lot of festive folks in the streets according to 3 of my sources over there this morning. They are expected to have open air meetings in the streets…They are literally pounding out their differences in front of everybody. They are not behind closed doors in closed sessions. The push continues and they hope to have things sat within the coming days so they can execute their white paper economic reforms. That is the conversation in the Iraqi streets today. This is exciting in my book.
8-20-2022 Newshound Guru Samson Article: "A European country is planning to reopen its embassy in Baghdad for the first time in 30 years" Quote "Austria plans to reopen its closed embassy in Baghdad by next September."
8-20-2022 Newshound Guru Paulette The underlying fundamentals are sound...we should all be very happy and content that this will happen as we hope and expect. It is also apparent that we very likely can see a change relatively soon...soon may be a week away, a month away or a few months away. IMO, it just isn't to be expected until the process plays out where the International Community sees Iraq as having obtained security and stability. This could happen quickly but is not likely within the next few hours or days...
8-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi calling for all leaders to meet again...this time he wants all leaders to attend especially Sadr. He is seeking this to be for all citizens to see on television. Let's see if they do this.
8-20-2022 Newshound Guru Pimpy I never said the Iraqi dinar exchange rate wasn't going to change. It is going to change. I'm the one that said it's not going to happen overnight. It's not going be a reinstatement of the old rate. I'm the one that said it's going to be done in increments...
8-20-2022 Newshound Guru Kaperoni The options for the Iraqi dinar are a LOP and a float. The later being the preferred but until the conditions are appropriate where they pass laws, remove corruption and diversify their economy it won't happen.
8-20-2022 Intel Guru MarkZ [via PDK] ...In Iraq they do a lot of their day to day stuff in US dollars. That is now disappearing quickly. The spread is shrinking. This means the money changers in the streets are not making the big money they were making. Nobody wants to give up their dinar...while we don’t have a new rate- It seems to be moving in that direction while the dinar becomes more valuable in comparison to the US dollar...I feel really good about where we are at. Very positive news and I am still looking for the RV at any moment...
8-20-2022 Newshound Guru Clare Article: "Al-Hanana: There is no meeting between Al-Sadr and Al-Amiri except under conditions, one of which is a “live broadcast"
8-20-2022 Intel Guru Frank26 Maliki's gone. Do we see Abadi? No. ...All the trouble makers slowly going away...Sadr called for a meeting with Amiri... FIREFLY: Sadr and Amiri still on for...the meeting we think will set things off going well if Amiri goes and sides with Sadr. Wow! What a sight that would be...! FRANK: The citizens are excited. If Amiri can metamorphosize...and tell us, 'Alright, Sadr I'm with you.' Which means that he's with Kazemi, we'll have our government. We'll have our two reforms.
8-20-2022 Intel Guru MarkZ [via PDK] Lots of emails from groups as to how close we are and that we have “crossed the finish line” and are waiting for it to filter down to us. They were very positive. We will see guys.
8-20-2022 Newshound Guru Paulette The underlying fundamentals are sound...we should all be very happy and content that this will happen as we hope and expect. It is also apparent that we very likely can see a change relatively soon...soon may be a week away, a month away or a few months away. IMO, it just isn't to be expected until the process plays out where the International Community sees Iraq as having obtained security and stability. This could happen quickly but is not likely within the next few hours or days...
8-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi calling for all leaders to meet again...this time he wants all leaders to attend especially Sadr. He is seeking this to be for all citizens to see on television. Let's see if they do this.
8-20-2022 Newshound Guru Pimpy I never said the Iraqi dinar exchange rate wasn't going to change. It is going to change. I'm the one that said it's not going to happen overnight. It's not going be a reinstatement of the old rate. I'm the one that said it's going to be done in increments...
8-20-2022 Newshound Guru Kaperoni The options for the Iraqi dinar are a LOP and a float. The later being the preferred but until the conditions are appropriate where they pass laws, remove corruption and diversify their economy it won't happen.
8-20-2022 Intel Guru MarkZ [via PDK] ...In Iraq they do a lot of their day to day stuff in US dollars. That is now disappearing quickly. The spread is shrinking. This means the money changers in the streets are not making the big money they were making. Nobody wants to give up their dinar...while we don’t have a new rate- It seems to be moving in that direction while the dinar becomes more valuable in comparison to the US dollar...I feel really good about where we are at. Very positive news and I am still looking for the RV at any moment...
8-20-2022 Newshound Guru Clare Article: "Al-Hanana: There is no meeting between Al-Sadr and Al-Amiri except under conditions, one of which is a “live broadcast"
8-20-2022 Intel Guru Frank26 Maliki's gone. Do we see Abadi? No. ...All the trouble makers slowly going away...Sadr called for a meeting with Amiri... FIREFLY: Sadr and Amiri still on for...the meeting we think will set things off going well if Amiri goes and sides with Sadr. Wow! What a sight that would be...! FRANK: The citizens are excited. If Amiri can metamorphosize...and tell us, 'Alright, Sadr I'm with you.' Which means that he's with Kazemi, we'll have our government. We'll have our two reforms.
8-20-2022 Intel Guru MarkZ [via PDK] Lots of emails from groups as to how close we are and that we have “crossed the finish line” and are waiting for it to filter down to us. They were very positive. We will see guys.
8-19-2022 Intel Guru Bruce [vis WiserNow] ...one of our sources told us that we would be seeing some major activity and sort of an awesome almost like a revelation of things happening in the next few days...very possible that we get this thing started now through the weekend... we are very very close.
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar on the street is falling...since the Finance Minister resigned. FRANK: And that is the plan of Kazemi and the governor of the Central Bank of Iraq...by cleaning out the infection that Maliki has been...your currency is gaining strength and the American dollar is falling. It's not being manipulated anymore...
8-19-2022 Intel Guru MarkZ [via PDK] ...After listening to [Guru] Nader [reference Nader's post below] and then talking to some contacts on the ground over there today…it appears what Nader was talking about today was the “kahones” of the Sadr crowd that want to have meetings with the CBI literally in the streets of Iraq. They want to do it publically and broadcast it…the discussion on the rate…They have indeed taken to the streets. They are expecting a new rate. The people of Iraq have rallied…this is going to be very interesting...The CBI and representatives of the government are now having this open conversation…not behind the scenes…but literally in the streets in front of the Presidential Palace. They are having this conversation in front of the people. This is huge…
8-19-2022 Newshound Guru MilitiaMan Article: "The central bank and the banking sector, the main financing and investment ring that supported the economy and protected it from collapse" It is going to be interesting to see how they go international with a program rate. It will be more interesting to see if they go international with a real effective exchange rate though!!! They sure seem to talk about being in accordance with international standards. A program rate of 1,460 I am fairly sure is not in compliance with international standards or they would have already done so...
8-19-2022 Newshound Guru Kaperoni The good news is the Central Bank of Iraq released an article...indicating that there has been some promising success with the economy and the GDP primarily as a result of implementing the White Paper.
8-19-2022 Newshound Guru Samson Question: "Have y’all noticed the gradual drop in currency sales?"
August 8th - 88,900,000
August 10th - 30,750,000
August 11th - 19,800,000
August 14th - 49,300,000
August 15th - 13,750,000
August 16th - 72,650,000
August 17th - 25,800,000
August 18th - 19,700,000
8-19-2022 Intel Guru MarkZ [via PDK] it still looks unsettled in Iraq…but it will look that way until the moment they flip the switch... They will release it…they are pushing to get it done.
8-19-2022 Newshound Guru Paulette Parliament has been effectively neutered and will be officially "dissolved" and a date of early elections set. Maliki cannot overcome what is going to happen. Sadr will win this issue and the Kazemi government will likely be removed from Caretaker status to Emergency Powers status. At this time, the Kazemi GOI will be able to be portrayed Internationally as a fully functional with all powers government of Iraq. He will be completely, unilaterally and unopposed be able to enact all laws and or policies to move the country past the "Emergency".
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] They're talking about the dollar exchange rate. They're saying...need to strengthen the local currency and stop the auctions all together but say may won't stop actions but sell dinar instead of dollar. FRANK: On Sunday in the evening they started to talk to them about the Iraqi dinar reforms, the white papers and a new exchange rate and that the auctions are really not gonna necessarily stop, they're just being changed...that's exactly what's going on.
8-19-2022 Guru Nader From The Mid East Sadr is asking to have another meeting with all the politicians but right on TV - like let's discuss this in front of the entire Iraqi population. Sorry for my language, but you have to have balls to ask for that. This guy has balls. I like this guy. I'm interested...He's right. This guy is going to fix shit. You know what? I'm gonna stick with him.
8-19-2022 Newshound Guru Sandy Ingram Breaking news in Iraq. Article: "Iraqi PM calls meeting of senior politicians to end crisis" It appears Iraqi leaders are working on a political roadmap without Al-Sadr... this is all over the global news. The existing Prime Minister Kazemi called a meeting...intending to find a solution to the current political crisis but here's the kicker, al-Sadr was not in the meeting...
8-19-2022 Intel Guru MarkZ [via PDK] ...I heard ...that “if” Iraq goes…then Vietnam would follow quickly - within hours to revalue theirs. They are major trading partners.
8-19-2022 Newshound/Intel Guru Mnt Goat "CENTRAL BANK OF IRAQ RESERVES RETURN TO LEVELS BEFORE ISIS WAR" Oh…but the dinar is still just 1/6 of a penny…maybe some day you can brag about the rate of your currency reflecting its TRUE value…very sad what they are doing to the Iraqi people in delaying all this wealth that can derived from their currency if they only released it to the world.
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar on the street is falling...since the Finance Minister resigned. FRANK: And that is the plan of Kazemi and the governor of the Central Bank of Iraq...by cleaning out the infection that Maliki has been...your currency is gaining strength and the American dollar is falling. It's not being manipulated anymore...
8-19-2022 Intel Guru MarkZ [via PDK] ...After listening to [Guru] Nader [reference Nader's post below] and then talking to some contacts on the ground over there today…it appears what Nader was talking about today was the “kahones” of the Sadr crowd that want to have meetings with the CBI literally in the streets of Iraq. They want to do it publically and broadcast it…the discussion on the rate…They have indeed taken to the streets. They are expecting a new rate. The people of Iraq have rallied…this is going to be very interesting...The CBI and representatives of the government are now having this open conversation…not behind the scenes…but literally in the streets in front of the Presidential Palace. They are having this conversation in front of the people. This is huge…
8-19-2022 Newshound Guru MilitiaMan Article: "The central bank and the banking sector, the main financing and investment ring that supported the economy and protected it from collapse" It is going to be interesting to see how they go international with a program rate. It will be more interesting to see if they go international with a real effective exchange rate though!!! They sure seem to talk about being in accordance with international standards. A program rate of 1,460 I am fairly sure is not in compliance with international standards or they would have already done so...
8-19-2022 Newshound Guru Kaperoni The good news is the Central Bank of Iraq released an article...indicating that there has been some promising success with the economy and the GDP primarily as a result of implementing the White Paper.
8-19-2022 Newshound Guru Samson Question: "Have y’all noticed the gradual drop in currency sales?"
August 8th - 88,900,000
August 10th - 30,750,000
August 11th - 19,800,000
August 14th - 49,300,000
August 15th - 13,750,000
August 16th - 72,650,000
August 17th - 25,800,000
August 18th - 19,700,000
8-19-2022 Intel Guru MarkZ [via PDK] it still looks unsettled in Iraq…but it will look that way until the moment they flip the switch... They will release it…they are pushing to get it done.
8-19-2022 Newshound Guru Paulette Parliament has been effectively neutered and will be officially "dissolved" and a date of early elections set. Maliki cannot overcome what is going to happen. Sadr will win this issue and the Kazemi government will likely be removed from Caretaker status to Emergency Powers status. At this time, the Kazemi GOI will be able to be portrayed Internationally as a fully functional with all powers government of Iraq. He will be completely, unilaterally and unopposed be able to enact all laws and or policies to move the country past the "Emergency".
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] They're talking about the dollar exchange rate. They're saying...need to strengthen the local currency and stop the auctions all together but say may won't stop actions but sell dinar instead of dollar. FRANK: On Sunday in the evening they started to talk to them about the Iraqi dinar reforms, the white papers and a new exchange rate and that the auctions are really not gonna necessarily stop, they're just being changed...that's exactly what's going on.
8-19-2022 Guru Nader From The Mid East Sadr is asking to have another meeting with all the politicians but right on TV - like let's discuss this in front of the entire Iraqi population. Sorry for my language, but you have to have balls to ask for that. This guy has balls. I like this guy. I'm interested...He's right. This guy is going to fix shit. You know what? I'm gonna stick with him.
8-19-2022 Newshound Guru Sandy Ingram Breaking news in Iraq. Article: "Iraqi PM calls meeting of senior politicians to end crisis" It appears Iraqi leaders are working on a political roadmap without Al-Sadr... this is all over the global news. The existing Prime Minister Kazemi called a meeting...intending to find a solution to the current political crisis but here's the kicker, al-Sadr was not in the meeting...
8-19-2022 Intel Guru MarkZ [via PDK] ...I heard ...that “if” Iraq goes…then Vietnam would follow quickly - within hours to revalue theirs. They are major trading partners.
8-19-2022 Newshound/Intel Guru Mnt Goat "CENTRAL BANK OF IRAQ RESERVES RETURN TO LEVELS BEFORE ISIS WAR" Oh…but the dinar is still just 1/6 of a penny…maybe some day you can brag about the rate of your currency reflecting its TRUE value…very sad what they are doing to the Iraqi people in delaying all this wealth that can derived from their currency if they only released it to the world.
8-18-2022 Intel Guru Frank26 The Federal Courts IMO have already dissolved parliament many many months ago...Federal courts are not needed to dissolve parliament - parliament is dissolved. It's been dissolved...relax. Kazemi is your Prime Minister. Kazemi already has his government. He's been running the country of Iraq...repeat after me - parliament is dissolved
8-18-2022 Newshound Guru Pimpy I don't want you to get your hopes up and misunderstand what I'm saying. We have no idea what the rate change is that they're talking about. They might turn around and reinstate the rate to prior to this one which means it moves from 1450 for every dollar, back down to you get 1190. Sure it's a 27% increase but it's not the kind of exchange rate that you're looking for. [Post 2 of 2]
8-18-2022 Newshound Guru Pimpy Somebody [asked] can I make a case for the $3.22 rate for the Iraqi dinar...sure I could but I still think it's going to go up in increments. The only hope that anybody has that the rate would be reinstated would be if good old Maliki went in there...and messed around with it. All of a sudden we're hearing...the Coordination Framework talk about there has to be a change to strengthen the Iraqi dinar's exchange rate... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] My redemption folks were hoping for an update this afternoon. Their update got put off until tomorrow...in Iraq the new acting finance minister is coming from the oil side…that is pretty exciting. They are pushing for that change in rate.
8-18-2022 Newshound Guru Clare Community "If parliament is basically dissolved and the executive branch under Kazemi is operating just fine, EFSL has passed and banks hooked up digitally and internationally, (Buna) I would think a new exchange rate would be presented SOON..." IT WILL BE VERY SOON IMO... WE ALL WANTED THIS DONE ALREADY ..I AM SURE ABOUT THAT! BUT IT IS VERY SOON COMING...
8-18-2022 Newshound Guru Breitling Iraq is planning on taking their currency and causing it to go international...with a real rate. If you don't think the Iraqi currency is manipulated then you're in the wrong investment...Iraq is trying to get rid of artificial inflation. You have to know the value of the currency in the past...there's 500 years of evidence on how a currency can be washed out and then brought back...
8-18-2022 Guru Nader From The Mid East Iraq today is going to be better. It's not going to be a civil war believe me. They will not let it go to the civil war. They're going to sit down one day and they're gonna talk about it and...the deal is done...the Iraqi people in the end we're gonna stick all together. I know that for a fact. We're gonna say, 'You know what, screw you all we don't want to lose our country...I hope that happen soon.
8-18-2022 Newshound Guru Paulette Parliament gives the GOI authority, not the other way around. When, and if, Parliament is
dissolved and early elections set, the Kazemi government must be given, by Parliament prior to dissolution, full emergency powers to enact anything required to maintain the country. If this occurs, the Kazemi government will have full unopposed Constitutional authority and the CBI hopefully will see this as full security and stability. [Post 2 of 2]
8-18-2022 Newshound Guru Paulette [Guru Clare Comment - REMEMBER THEY PASSED THE EFSL UNDER KAZEMI WHILE HE IS CONSIDERED A "CARETAKER GOV" (WHICH THEY ALL SAID HE COULD NOT PASS LAWS.. LOL)...CHECKMATE KAZEMI, SALEH & SADR! IMO] When Parliament was dissolved prior to elections, Kazemi's government entered "Caretaker Status" and remains there today...Parliament passed the EFSL not the Kazemi Caretaker GOI. The Kazemi version was shot down as unconstitutional as the Caretaker government has no authority to pass any new legislation... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] Nothing negative today…just very quiet… I am expecting an update by this evening to see if the Redemption center folks are on call this weekend or not...No one is talking about timing…they just continue to say “be prepared - we are very close”.
8-18-2022 Newshound Guru Sandy Ingram A new way Iraq is planing to add annual revenue outside of the oil industry. This is important because...this is a part of the to-do list for increasing the value of the currency. Article: "Iraqi move to establish economic free zones" Free trade zones...are designated areas where finished goods and raw materials can be purchased, sold, manufactured, imported and exported without going through customs...even in the midst of political turmoil Iraq is making progress to stabilize the Iraqi economy...
8-18-2022 Newshound Guru Kaperoni Unfortunately flotation is the only solution but Iraq is years away due to the lack of laws, corruption, and economic growth. So the dinar will remain weak for now. So if you are an investor in Iraq and own Iraqi dinar you need to be prepared to wait several more years for them to create the conditions for Iraq to eventually float the dinar and allow it to gradually appreciate. [Post 2 of 2]
8-18-2022 Newshound Guru Kaperoni A new article came out... discussing strengthening the Iraqi dinar by deleting zeros (LOP) or flotation. The problem is they cannot float under the current circumstances due to the lack of economic growth and corruption. And a LOP doesn't solve problems, is a neutral event. For many years I've stated these are the only two options and now it is confirmed.... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru Frank26 Article: "With the resignation of the Minister of Finance the dollar is falling in the Baghdad markets" You mean we get rid of the guy that was causing problems with the monetary reform and all of a sudden the dollar starts to fall...? Isn't that exactly what the monetary reform is trying to accomplish? Kazemi has a plan. Relax...Kazemi and the CBI's plan is for the USD to fall!
8-18-2022 Intel Guru MarkZ [via PDK] Article: “For the first time in months in Iraq-$100 dollars less than 148,000 dinar. “ the price of the dollar is going down and the dinar is going up…that is a big sign of what they are expecting in Iraq.
8-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTER OF FINANCE IS FOLLOWING UP ON THE IMPLEMENTATION OF THE STAGES OF THE FINANCIAL AND ECONOMIC REFORM PROGRAM" This is the kind of news we want to here. As long as they keep moving along with the White Paper we know they are on track for the reinstatement of the dinar to FOREX. It is not “if’ but “when”...
8-18-2022 Newshound Guru Pimpy I don't want you to get your hopes up and misunderstand what I'm saying. We have no idea what the rate change is that they're talking about. They might turn around and reinstate the rate to prior to this one which means it moves from 1450 for every dollar, back down to you get 1190. Sure it's a 27% increase but it's not the kind of exchange rate that you're looking for. [Post 2 of 2]
8-18-2022 Newshound Guru Pimpy Somebody [asked] can I make a case for the $3.22 rate for the Iraqi dinar...sure I could but I still think it's going to go up in increments. The only hope that anybody has that the rate would be reinstated would be if good old Maliki went in there...and messed around with it. All of a sudden we're hearing...the Coordination Framework talk about there has to be a change to strengthen the Iraqi dinar's exchange rate... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] My redemption folks were hoping for an update this afternoon. Their update got put off until tomorrow...in Iraq the new acting finance minister is coming from the oil side…that is pretty exciting. They are pushing for that change in rate.
8-18-2022 Newshound Guru Clare Community "If parliament is basically dissolved and the executive branch under Kazemi is operating just fine, EFSL has passed and banks hooked up digitally and internationally, (Buna) I would think a new exchange rate would be presented SOON..." IT WILL BE VERY SOON IMO... WE ALL WANTED THIS DONE ALREADY ..I AM SURE ABOUT THAT! BUT IT IS VERY SOON COMING...
8-18-2022 Newshound Guru Breitling Iraq is planning on taking their currency and causing it to go international...with a real rate. If you don't think the Iraqi currency is manipulated then you're in the wrong investment...Iraq is trying to get rid of artificial inflation. You have to know the value of the currency in the past...there's 500 years of evidence on how a currency can be washed out and then brought back...
8-18-2022 Guru Nader From The Mid East Iraq today is going to be better. It's not going to be a civil war believe me. They will not let it go to the civil war. They're going to sit down one day and they're gonna talk about it and...the deal is done...the Iraqi people in the end we're gonna stick all together. I know that for a fact. We're gonna say, 'You know what, screw you all we don't want to lose our country...I hope that happen soon.
8-18-2022 Newshound Guru Paulette Parliament gives the GOI authority, not the other way around. When, and if, Parliament is
dissolved and early elections set, the Kazemi government must be given, by Parliament prior to dissolution, full emergency powers to enact anything required to maintain the country. If this occurs, the Kazemi government will have full unopposed Constitutional authority and the CBI hopefully will see this as full security and stability. [Post 2 of 2]
8-18-2022 Newshound Guru Paulette [Guru Clare Comment - REMEMBER THEY PASSED THE EFSL UNDER KAZEMI WHILE HE IS CONSIDERED A "CARETAKER GOV" (WHICH THEY ALL SAID HE COULD NOT PASS LAWS.. LOL)...CHECKMATE KAZEMI, SALEH & SADR! IMO] When Parliament was dissolved prior to elections, Kazemi's government entered "Caretaker Status" and remains there today...Parliament passed the EFSL not the Kazemi Caretaker GOI. The Kazemi version was shot down as unconstitutional as the Caretaker government has no authority to pass any new legislation... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] Nothing negative today…just very quiet… I am expecting an update by this evening to see if the Redemption center folks are on call this weekend or not...No one is talking about timing…they just continue to say “be prepared - we are very close”.
8-18-2022 Newshound Guru Sandy Ingram A new way Iraq is planing to add annual revenue outside of the oil industry. This is important because...this is a part of the to-do list for increasing the value of the currency. Article: "Iraqi move to establish economic free zones" Free trade zones...are designated areas where finished goods and raw materials can be purchased, sold, manufactured, imported and exported without going through customs...even in the midst of political turmoil Iraq is making progress to stabilize the Iraqi economy...
8-18-2022 Newshound Guru Kaperoni Unfortunately flotation is the only solution but Iraq is years away due to the lack of laws, corruption, and economic growth. So the dinar will remain weak for now. So if you are an investor in Iraq and own Iraqi dinar you need to be prepared to wait several more years for them to create the conditions for Iraq to eventually float the dinar and allow it to gradually appreciate. [Post 2 of 2]
8-18-2022 Newshound Guru Kaperoni A new article came out... discussing strengthening the Iraqi dinar by deleting zeros (LOP) or flotation. The problem is they cannot float under the current circumstances due to the lack of economic growth and corruption. And a LOP doesn't solve problems, is a neutral event. For many years I've stated these are the only two options and now it is confirmed.... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru Frank26 Article: "With the resignation of the Minister of Finance the dollar is falling in the Baghdad markets" You mean we get rid of the guy that was causing problems with the monetary reform and all of a sudden the dollar starts to fall...? Isn't that exactly what the monetary reform is trying to accomplish? Kazemi has a plan. Relax...Kazemi and the CBI's plan is for the USD to fall!
8-18-2022 Intel Guru MarkZ [via PDK] Article: “For the first time in months in Iraq-$100 dollars less than 148,000 dinar. “ the price of the dollar is going down and the dinar is going up…that is a big sign of what they are expecting in Iraq.
8-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTER OF FINANCE IS FOLLOWING UP ON THE IMPLEMENTATION OF THE STAGES OF THE FINANCIAL AND ECONOMIC REFORM PROGRAM" This is the kind of news we want to here. As long as they keep moving along with the White Paper we know they are on track for the reinstatement of the dinar to FOREX. It is not “if’ but “when”...
8-17-2022 Intel Guru MarkZ [via PDK] A lot of political turmoil in Iraq. They may not seat their government until the end of the month now. Don’t let it get to you. The CBI has told us over and over again that they get to pull the trigger. They do not need the government for that...
8-17-2022 Intel Guru Frank26 Article "The Iraqi judiciary officially responds to Al-Sadr's request to dissolve Parliament". YOU DON'T HAVE TO GO TO THE SUPREME COURT TO DISSOLVE PARLIAMENT BECAUSE... IT'S BEEN DISSOLVED ALL YEAR
8-17-2022 Newshound Guru Samson Article "Food security and the white paper.. Expose the reasons for the resignation of the Minister of Finance" Quote "Among the reasons is the disbursement of the funds of the Emergency Food Security Support Law," noting that "Al-Kazemi tried to dissuade Allawi from resigning, but the latter was insisting on his resignation."
8-17-2022 Newshound/Intel Guru Paulette When the IQD RI's, there will no longer be a need for vendors to purchase USD in order to cover imports and the people will no longer desire USD over IQD as (hopefully) the IQD will be seen as more valuable. Additionally, when the vendors can use IQD to purchase imports, they will not only be happy to accept IQD but will prefer it. Therefore, when the IQD is reinstated, the Currency Sales volume will be very minimal as there would be limited demand...
8-17-2022 Intel Guru Bruce [via WiserNow] They had put out a rate at least in the region, and they had been trading that rate up somewhat since it first came out and they decided they would pay all the contractors working in Iraq, starting...the 15th at the newly revalued dinar rate...Now, what's interesting about it is that we thought as a result...that we would not only have a new rate from them, but would we get notified and when would we start? ...what I'm hearing is looking very good for tomorrow [Wednesday] - looking very good.
8-17-2022 Newshound Guru Clare Article: "A legal expert reveals exciting details about Allawi's resignation: The government has
resigned in its entirety" IT IS NOT A RESIGNATION LIKE WE THINK (FROM THE ARTICLE: "it is not considered a resignation in the legal and constitutional sense. It is a political position before it is an executive government.")
8-17-2022 Intel Guru MarkZ [via PDK] Some fun things did happen on the 15th…I hope to soon get permission to share it…but this tells me we are close to the end. I had hoped to have news from Iraq and the big meeting today in the Presidential Palace...I am hearing the meeting has been fruitful. I was hoping to have results by now but the meeting is on going. Still hearing good stuff from finance minister and CBI contacts over there...Remember...we talked about the Iraqi Finance minister who was very much in the way of the RV has resigned/stepped down…that was enormous news...it has been overwhelmingly positive…we just have not crossed the finish line yet.
8-17-2022 Intel Guru Frank26 Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction". DOUBLE TALK WILL CAUSE YOU TO LOOSE YOUR JOB... ISN'T THAT RIGHT FINANCE MINISTER. Article: "Finance Minister Ali Allawi submits his resignation during the cabinet session" GOING AGAINST KAZEMI CAN BE BAD FOR YOUR...JOB.
8-17-2022 Newshound Guru Samson Article: "With the resignation of the Minister of Finance...the dollar is falling in the Baghdad markets" [NOTE: Dollar rate falling in Iraq means dinar is rising.]
8-17-2022 Newshound Guru Sandy Ingram After 2 weeks of the sit in of the Al-Sadr supporters at the Iraqi parliament building and in the green zone, Iraq's supreme judicial council said...it lacks the authority to dissolve parliament...under the constitution parliament can only be dissolved by an absolute majority vote in the house following a request by 1/3 of deputies or by the prime minister with the approval of the president...
8-17-2022 Newshound Guru Kaperoni The minister of finance in Iraq resigned...stating his reasons being the inability of the government to implement economic reforms due to the ongoing political bickering. This nonsense never ends.
8-17-2022 Newshound/Intel Guru Mnt Goat There is lots of news from the CBI...They have been very active. Is something being planned? ...Overall it seems that there may be final preparations and checks going on with the CBI for some event...we have read announcements that its cash reserves rose to 82 billion USD and will most likely reach 92 billion by the end of this year. WOW...This will be at the level prior to ISIS war and very close...matches what Dr Shabibi had accomplished by 2012, when he targeted Jan 2013 to reinstate...
I am hearing from my CBI source that they are reaching their target. This is yet more evidence...The dinar is NOT on a normal float but the CBI can change the rate at any time.
8-17-2022 Intel Guru Frank26 Article "The Iraqi judiciary officially responds to Al-Sadr's request to dissolve Parliament". YOU DON'T HAVE TO GO TO THE SUPREME COURT TO DISSOLVE PARLIAMENT BECAUSE... IT'S BEEN DISSOLVED ALL YEAR
8-17-2022 Newshound Guru Samson Article "Food security and the white paper.. Expose the reasons for the resignation of the Minister of Finance" Quote "Among the reasons is the disbursement of the funds of the Emergency Food Security Support Law," noting that "Al-Kazemi tried to dissuade Allawi from resigning, but the latter was insisting on his resignation."
8-17-2022 Newshound/Intel Guru Paulette When the IQD RI's, there will no longer be a need for vendors to purchase USD in order to cover imports and the people will no longer desire USD over IQD as (hopefully) the IQD will be seen as more valuable. Additionally, when the vendors can use IQD to purchase imports, they will not only be happy to accept IQD but will prefer it. Therefore, when the IQD is reinstated, the Currency Sales volume will be very minimal as there would be limited demand...
8-17-2022 Intel Guru Bruce [via WiserNow] They had put out a rate at least in the region, and they had been trading that rate up somewhat since it first came out and they decided they would pay all the contractors working in Iraq, starting...the 15th at the newly revalued dinar rate...Now, what's interesting about it is that we thought as a result...that we would not only have a new rate from them, but would we get notified and when would we start? ...what I'm hearing is looking very good for tomorrow [Wednesday] - looking very good.
8-17-2022 Newshound Guru Clare Article: "A legal expert reveals exciting details about Allawi's resignation: The government has
resigned in its entirety" IT IS NOT A RESIGNATION LIKE WE THINK (FROM THE ARTICLE: "it is not considered a resignation in the legal and constitutional sense. It is a political position before it is an executive government.")
8-17-2022 Intel Guru MarkZ [via PDK] Some fun things did happen on the 15th…I hope to soon get permission to share it…but this tells me we are close to the end. I had hoped to have news from Iraq and the big meeting today in the Presidential Palace...I am hearing the meeting has been fruitful. I was hoping to have results by now but the meeting is on going. Still hearing good stuff from finance minister and CBI contacts over there...Remember...we talked about the Iraqi Finance minister who was very much in the way of the RV has resigned/stepped down…that was enormous news...it has been overwhelmingly positive…we just have not crossed the finish line yet.
8-17-2022 Intel Guru Frank26 Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction". DOUBLE TALK WILL CAUSE YOU TO LOOSE YOUR JOB... ISN'T THAT RIGHT FINANCE MINISTER. Article: "Finance Minister Ali Allawi submits his resignation during the cabinet session" GOING AGAINST KAZEMI CAN BE BAD FOR YOUR...JOB.
8-17-2022 Newshound Guru Samson Article: "With the resignation of the Minister of Finance...the dollar is falling in the Baghdad markets" [NOTE: Dollar rate falling in Iraq means dinar is rising.]
8-17-2022 Newshound Guru Sandy Ingram After 2 weeks of the sit in of the Al-Sadr supporters at the Iraqi parliament building and in the green zone, Iraq's supreme judicial council said...it lacks the authority to dissolve parliament...under the constitution parliament can only be dissolved by an absolute majority vote in the house following a request by 1/3 of deputies or by the prime minister with the approval of the president...
8-17-2022 Newshound Guru Kaperoni The minister of finance in Iraq resigned...stating his reasons being the inability of the government to implement economic reforms due to the ongoing political bickering. This nonsense never ends.
8-17-2022 Newshound/Intel Guru Mnt Goat There is lots of news from the CBI...They have been very active. Is something being planned? ...Overall it seems that there may be final preparations and checks going on with the CBI for some event...we have read announcements that its cash reserves rose to 82 billion USD and will most likely reach 92 billion by the end of this year. WOW...This will be at the level prior to ISIS war and very close...matches what Dr Shabibi had accomplished by 2012, when he targeted Jan 2013 to reinstate...
I am hearing from my CBI source that they are reaching their target. This is yet more evidence...The dinar is NOT on a normal float but the CBI can change the rate at any time.
8-16-2022 Intel Guru Frank26 The CBI is not waiting on the GOI. The GOI needs to sit down. Once they sit down then you'll see a 'confidence'...
8-16-2022 Intel Guru MarkZ [via PDK] Out of Iraq: “With the resignation of the minister of finance-the dollar is falling in the Baghdad markets” What does that mean? It means the dollar doesn’t buy as much dinar. They are very excited with the resignation of Muhammid Allowi. He has been a stickler in the side of allowing this to move forward. He has resigned...We are looking at big happenings over the next 18 hours or so I Iraq…It is very exciting to see what is going on there. The markets there are already responding by weakening the US dollar and strengthening the Iraqi dinar. This is big news guys.
8-16-2022 Newshound Guru Samson Article: "Al-Kazemi assigns the Minister of Oil the duties of the Ministry of Finance as an agency" Quote: "...the decision to assign it will be temporary, and it came after the approval of the resignation of Finance Minister Ali Allawi."
8-16-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" WHY? I WOULD IMAGINE BECAUSE THEY ARE GETTING READY FOR THE RELEASE OF A BIG MEDIA CAMPAIGN ABOUT CHANGES COMING FROM THE CBI...
8-16-2022 Intel Guru MarkZ [via PDK] [I heard there may be a 37% tax off the top.] I am still hearing no taxes… [NOTE: Always speak with your tax advisors at the appropriate time to be sure you're paying the appropriate tax for your unique situation. ]
8-16-2022 Newshound Guru Sandy Ingram Article: "Iraq Planning Increased Oil Production in "Coming Years" The First Vice President of the Iraqi National Oil Company said that oil production in Iraq can be increased to 5 to 8 million barrels per day during the coming years...Oil prices dropped slightly on last Tuesday over the potential of Iran oil reaching the global markets. This has to do with the Iran nuclear deal.
8-16-2022 Newshound Guru Pimpy A floating rate? I would love to see that. That means the Iraqi dinar would be on the Forex. It's not there currently but...we would really see then what the true value of the Iraq dinar is because it'll be dictated by the market.
8-16-2022 Newshound/Intel Guru Paulette IMO "Auctions" stopped years ago and they were transformed to "Currency Sales"....Currently, the Currency Sales are predominantly to cover imports and secondarily to provide adequate USD in the country to keep the rate stable. This is true supply and demand.
8-16-2022 Intel Guru MarkZ [via PDK] ...I continue to get information that in Iraq they are preparing for the imminent release ...they are very confident that it is “days and not weeks” especially since they moving forward at the CBI. I do not know for certain if we are getting notifications this week. Is there tremendous progress and movement going on? Yes. Is there contractors with some rates? Yes... Do I know what those rates are? No. Can I tell you that at this point it is believed to be extremely close? Yes. But I do not know the exact timing yet. I can tell you there has been tremendous progress and I am excited. I am literally waiting moment to moment to get that call to let me know “it’s time”!!! There has been fantastic news.
8-16-2022 Newshound Guru Samson Article: "The Minister of Finance submits his resignation, and Al-Kazemi agrees"
8-16-2022 Newshound Guru Kaperoni The prime minister's advisor Al-Jubouri had a great comment today on the dinar, basically saying that the government cannot make a random decision that only supply and demand will increase its value. In other words Iraq's economy needs to grow and they need to float the dinar.
8-16-2022 Newshound Guru Militiaman CBI told us the 08/15/2022 all banks must be hooked up to the new electronic platform. Why would they need a new platform if they were going to stick around at a 1460 rate? They wouldn't.. The next stage is going to the private sector...GOI put out all the educational videos over the last week or two.. All for the next stage.. imo
8-16-2022 Newshound Guru Samson Article: "The Central Bank is silent” .. Economists diagnose “disasters” in the currency auction, and beneficiaries: inaccurate"
8-16-2022 Intel Guru MarkZ [via PDK] Still hearing dong around $2.30 and Dinar around $4 bucks. This is the “street value” .
8-16-2022 Newshound Guru BobTheTaxMan The facts regarding taxation on the IQD - It's going to be ordinary income. Meaning it doesn't get the favored tax treatment that a capital asset would...the taxes due will be calculated by your person tax bracket and your marital status when you exchange the IQD for the USD...the maximum taxation on IQD exchange would range from about 37% for the federal and then we have California that wants to add 13% [or what your state wants] more so you're looking at 50% you're gonna lose... [NOTE - Consult your financial and tax professionals at the appropriate time to build the most advantageous tax and exchange plan for your unique circumstances.]
8-16-2022 Intel Guru MarkZ [via PDK] Out of Iraq: “With the resignation of the minister of finance-the dollar is falling in the Baghdad markets” What does that mean? It means the dollar doesn’t buy as much dinar. They are very excited with the resignation of Muhammid Allowi. He has been a stickler in the side of allowing this to move forward. He has resigned...We are looking at big happenings over the next 18 hours or so I Iraq…It is very exciting to see what is going on there. The markets there are already responding by weakening the US dollar and strengthening the Iraqi dinar. This is big news guys.
8-16-2022 Newshound Guru Samson Article: "Al-Kazemi assigns the Minister of Oil the duties of the Ministry of Finance as an agency" Quote: "...the decision to assign it will be temporary, and it came after the approval of the resignation of Finance Minister Ali Allawi."
8-16-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" WHY? I WOULD IMAGINE BECAUSE THEY ARE GETTING READY FOR THE RELEASE OF A BIG MEDIA CAMPAIGN ABOUT CHANGES COMING FROM THE CBI...
8-16-2022 Intel Guru MarkZ [via PDK] [I heard there may be a 37% tax off the top.] I am still hearing no taxes… [NOTE: Always speak with your tax advisors at the appropriate time to be sure you're paying the appropriate tax for your unique situation. ]
8-16-2022 Newshound Guru Sandy Ingram Article: "Iraq Planning Increased Oil Production in "Coming Years" The First Vice President of the Iraqi National Oil Company said that oil production in Iraq can be increased to 5 to 8 million barrels per day during the coming years...Oil prices dropped slightly on last Tuesday over the potential of Iran oil reaching the global markets. This has to do with the Iran nuclear deal.
8-16-2022 Newshound Guru Pimpy A floating rate? I would love to see that. That means the Iraqi dinar would be on the Forex. It's not there currently but...we would really see then what the true value of the Iraq dinar is because it'll be dictated by the market.
8-16-2022 Newshound/Intel Guru Paulette IMO "Auctions" stopped years ago and they were transformed to "Currency Sales"....Currently, the Currency Sales are predominantly to cover imports and secondarily to provide adequate USD in the country to keep the rate stable. This is true supply and demand.
8-16-2022 Intel Guru MarkZ [via PDK] ...I continue to get information that in Iraq they are preparing for the imminent release ...they are very confident that it is “days and not weeks” especially since they moving forward at the CBI. I do not know for certain if we are getting notifications this week. Is there tremendous progress and movement going on? Yes. Is there contractors with some rates? Yes... Do I know what those rates are? No. Can I tell you that at this point it is believed to be extremely close? Yes. But I do not know the exact timing yet. I can tell you there has been tremendous progress and I am excited. I am literally waiting moment to moment to get that call to let me know “it’s time”!!! There has been fantastic news.
8-16-2022 Newshound Guru Samson Article: "The Minister of Finance submits his resignation, and Al-Kazemi agrees"
8-16-2022 Newshound Guru Kaperoni The prime minister's advisor Al-Jubouri had a great comment today on the dinar, basically saying that the government cannot make a random decision that only supply and demand will increase its value. In other words Iraq's economy needs to grow and they need to float the dinar.
8-16-2022 Newshound Guru Militiaman CBI told us the 08/15/2022 all banks must be hooked up to the new electronic platform. Why would they need a new platform if they were going to stick around at a 1460 rate? They wouldn't.. The next stage is going to the private sector...GOI put out all the educational videos over the last week or two.. All for the next stage.. imo
8-16-2022 Newshound Guru Samson Article: "The Central Bank is silent” .. Economists diagnose “disasters” in the currency auction, and beneficiaries: inaccurate"
8-16-2022 Intel Guru MarkZ [via PDK] Still hearing dong around $2.30 and Dinar around $4 bucks. This is the “street value” .
8-16-2022 Newshound Guru BobTheTaxMan The facts regarding taxation on the IQD - It's going to be ordinary income. Meaning it doesn't get the favored tax treatment that a capital asset would...the taxes due will be calculated by your person tax bracket and your marital status when you exchange the IQD for the USD...the maximum taxation on IQD exchange would range from about 37% for the federal and then we have California that wants to add 13% [or what your state wants] more so you're looking at 50% you're gonna lose... [NOTE - Consult your financial and tax professionals at the appropriate time to build the most advantageous tax and exchange plan for your unique circumstances.]
8-15-2022 Guru Nader From The Mid East It's a good news. Even with their crisis going on in Iraq the private sector are doing a lot better and the revenue besides the oil revenues is up and it's increasing and it's gonna be a lot better. Like I said before it's a waiting game so you're gonna have to wait a little bit until everything is set up.
8-15-2022 Intel Guru MarkZ [via PDK] [Did they kick the can again?] I don’t think they are kicking the can…. There were a lot of behind the scenes things moving today...I did have some conversations with Iraqi contacts today. I am still hearing the rate is agreed to and the timing is agreed to with the CBI. I’m feeling confident guys even though we don’t know the exact timing. Contractors are pretty excited. My 3 contacts won’t share what the rate is but just said they were very successful getting the new contracts and rates renegotiated. I wish I could say more but I am walking on the razor with this one.
8-15-2022 Newshound Guru Kaperoni Two new articles came out tonight one from central bank and another from an advisor of the prime minister both of them confirming that currently there is no reason to change the exchange rate and only with the success and growth of the economy can the dinar exchange rate change.
8-15-2022 Newshound Guru Samson Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction" Quote: "...the issuance of a decision regarding the exchange rate of the dollar to decrease or raise is excluded at the present time. The best solution to end the crisis of the devaluation of the dinar is the currency to strengthen the local currency, expand its activity and diversify its sources..."
8-15-2022 Intel Guru MarkZ [via PDK] There is zero negative news. Even though they are blowing smoke, backtracked on it, planted more smoke and backtracked on it… We saw the same kind of smoke coming from Kuwait and China when they RV’d in the past. Things are happening just as we expected they would.
8-15-2022 Newshound Guru Clare Article: "Dissolving Parliament without forming an interim government means that Al-Kazemi and Barham will remain" IS THIS A FORMAL ANNOUNCEMENT? ...NO IT IS NOT...DO YOU SEE THE CHESS GAME GOING ON? KAZEMI, SADR & SALIH HOLD THE CHECKMATE MOVE ... THIS MAN Alaa Al-Rikabi, HAS ANNOUNCED WHAT IS ABOUT TO HAPPEN AND HOW? THROUGH SOCIAL MEDIA DIRECTLY TO THE PEOPLE! AS WITH IRAQ WE WILL SEE THE BACK AND FORTH IN THE ARTICLES ... WE WILL SEE KAZEMI MAKE HIS ANNOUNCEMENTS VERY SOON...
8-15-2022 Newshound Guru Pimpy If there's a huge demand for the Iraqi dinar, and I would imagine once it hits the Forex you would see people streaming over to it, it would definitely change the Iraqi dinar's exchange rate. It would increase it...right now Iraq's currency is pegged to ours. It's not floating. Once it floats though it should be a free-for-all. I'm curious to see how the Iraqi dinar is going to handle being on the Forex market. [Post 2 of 2]
8-15-2022 Newshound Guru Pimpy A "Floating Exchange Rate" is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies. This is in contrast to a "Fixed Exchange rate in which the government entirely or predominately determines the rate. We know right now the Iraqi dinar is on a fixed rate. A floating exchange rate is one that is determined by supply and demand... [Post 1 of 2....stay tuned]
8-15-2022 Intel Guru MarkZ [via PDK] [Today is the 15th. Contractors payday!...Are the contractors being paid in IQD?] My contractors are excited even though I do not have specifics on rate. The re-negotiations went exceptionally well. Now we will see if payday is this week with the new rate or not. [This would be an excellent week for the RV to begin] Yes it would…we are hearing positive things...I am very excited about this week. If we do not see the new rate this week …I believe we may have clear site as to when to expect it. So many things…real world things and even behind the scenes things are all coming together... We will have to sit here at the edge of our seats while we watch this play out.
8-15-2022 Intel Guru Frank26 Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles" IN MY OPINION, IT LOOKS LIKE IT'S GOING TO BE THIS WAY...
8-15-2022 Newshound Guru Militiaman Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues" A very bullish report out from the CBI. Increase in reserves is expected, continuous growth from non oil revenues and the implementation of the white papers. The CBI is telling us the next stage is to be even better...
8-15-2022 Intel Guru MarkZ [via PDK] [Did they kick the can again?] I don’t think they are kicking the can…. There were a lot of behind the scenes things moving today...I did have some conversations with Iraqi contacts today. I am still hearing the rate is agreed to and the timing is agreed to with the CBI. I’m feeling confident guys even though we don’t know the exact timing. Contractors are pretty excited. My 3 contacts won’t share what the rate is but just said they were very successful getting the new contracts and rates renegotiated. I wish I could say more but I am walking on the razor with this one.
8-15-2022 Newshound Guru Kaperoni Two new articles came out tonight one from central bank and another from an advisor of the prime minister both of them confirming that currently there is no reason to change the exchange rate and only with the success and growth of the economy can the dinar exchange rate change.
8-15-2022 Newshound Guru Samson Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction" Quote: "...the issuance of a decision regarding the exchange rate of the dollar to decrease or raise is excluded at the present time. The best solution to end the crisis of the devaluation of the dinar is the currency to strengthen the local currency, expand its activity and diversify its sources..."
8-15-2022 Intel Guru MarkZ [via PDK] There is zero negative news. Even though they are blowing smoke, backtracked on it, planted more smoke and backtracked on it… We saw the same kind of smoke coming from Kuwait and China when they RV’d in the past. Things are happening just as we expected they would.
8-15-2022 Newshound Guru Clare Article: "Dissolving Parliament without forming an interim government means that Al-Kazemi and Barham will remain" IS THIS A FORMAL ANNOUNCEMENT? ...NO IT IS NOT...DO YOU SEE THE CHESS GAME GOING ON? KAZEMI, SADR & SALIH HOLD THE CHECKMATE MOVE ... THIS MAN Alaa Al-Rikabi, HAS ANNOUNCED WHAT IS ABOUT TO HAPPEN AND HOW? THROUGH SOCIAL MEDIA DIRECTLY TO THE PEOPLE! AS WITH IRAQ WE WILL SEE THE BACK AND FORTH IN THE ARTICLES ... WE WILL SEE KAZEMI MAKE HIS ANNOUNCEMENTS VERY SOON...
8-15-2022 Newshound Guru Pimpy If there's a huge demand for the Iraqi dinar, and I would imagine once it hits the Forex you would see people streaming over to it, it would definitely change the Iraqi dinar's exchange rate. It would increase it...right now Iraq's currency is pegged to ours. It's not floating. Once it floats though it should be a free-for-all. I'm curious to see how the Iraqi dinar is going to handle being on the Forex market. [Post 2 of 2]
8-15-2022 Newshound Guru Pimpy A "Floating Exchange Rate" is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies. This is in contrast to a "Fixed Exchange rate in which the government entirely or predominately determines the rate. We know right now the Iraqi dinar is on a fixed rate. A floating exchange rate is one that is determined by supply and demand... [Post 1 of 2....stay tuned]
8-15-2022 Intel Guru MarkZ [via PDK] [Today is the 15th. Contractors payday!...Are the contractors being paid in IQD?] My contractors are excited even though I do not have specifics on rate. The re-negotiations went exceptionally well. Now we will see if payday is this week with the new rate or not. [This would be an excellent week for the RV to begin] Yes it would…we are hearing positive things...I am very excited about this week. If we do not see the new rate this week …I believe we may have clear site as to when to expect it. So many things…real world things and even behind the scenes things are all coming together... We will have to sit here at the edge of our seats while we watch this play out.
8-15-2022 Intel Guru Frank26 Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles" IN MY OPINION, IT LOOKS LIKE IT'S GOING TO BE THIS WAY...
8-15-2022 Newshound Guru Militiaman Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues" A very bullish report out from the CBI. Increase in reserves is expected, continuous growth from non oil revenues and the implementation of the white papers. The CBI is telling us the next stage is to be even better...
8-14-2022 Guest Guru Humble1 Article: "The Federal Court will consider the constitutionality of the Food Security Law next Monday" ...Here is the proof that at least parts of the law are unconstitutional. The EFSL that passed parliament was the second version of the law, as the courts had already ruled the first version was unconstitutional, and it never even got voted on. So either part of the law will get struck down or the whole thing...
8-14-2022 Intel Guru Frank26 Article: "The current and the framework issue new directives to their supporters to mobilize counter-demonstrations" NO RIOTS FROM THE FRAMEWORK THANK GOD...
8-14-2022 Guest Guru Suzie ...the 15th is rolling around pretty quickly when the banks should be hooked up internationally/digitally and with contracts signed I would think we'll be aware of a new rate shortly...
8-14-2022 Newshound Guru Clare Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles". BOOM!
8-14-2022 Newshound Guru Kaperoni These are the kinds of results we have been looking forward to hearing...Stick to the truth, facts.. CBI News. Remember, you don't randomly increase the value of your currency before the success and growth of your economy, you allow your currency to rise as a result of the growth of your economy. The more success Iraq has the greater potential for the dinar to rise over time. This is exactly the directive of the IMF. [Post 2 of 2]
8-14-2022 Newshound Guru Kaperoni Excellent article tonight from the Central Bank of Iraq indicating that there are positive indicators regarding the growth rates of domestic product (GDP) and non-oil revenues in Iraq. They confirm that these indicators or analysis are a result of the government's implementation of the White Papers and non-oil revenues. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Jeff They have to keep it a secret...all the political news is...scripted BS because all of this is classified...Iraq is secretly going to have a formed complete government. They're not going to tell you how they are going to do it. It will remain a secret to catch everybody by surprise so that when they revalue the currency it catches you by surprise... [Post 2 of 2]
8-14-2022 Newshound Guru Jeff Since they've been approving the Food and Security Law they've fully setting the stage and preparing to revalue ...But the Central Bank told you that they will not be revaluing the currency unless the government is formed...So the rate change has dependency ...but...they can't reveal to you how and when they're gonna form the government. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Tivon Community comment: "August 15 is looming." All banks by or on that date will be ready to interlink digitally through BUNA...The reinstatement can be made efficiently and instantly... I'm excited about the 15th and every hour after that day. Al-Sadr knows something as I'm sure Mustafa, Kazemi, and Sadr all know the playbook. What else could he reward them with after dissolution?
8-14-2022 Newshound Guru Samson Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues"
8-14-2022 Newshound Guru Militiaman Article: "About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars" Sadr brought more than meets the eye(s) to meetings. He wants no one with corruption on their hands to benefit from the re - instatement or re - valuation. Nor does Kahdimi.
8-14-2022 Newshound Guru NORV [aka Kaperoni] Article: "The Central Bank of Iraq: Positive indicators of an increase in GDP growth rates and revenues" Now this is the kind of news we want to see...They are beginning to see improvement in diversifying the economy. And the results of that success will be as the IMF directed years ago...To allow the dinar to gradually appreciate. Exactly as we are hoping for...Direct from the CBI...
8-14-2022 Intel Guru Frank26 Article: "The current and the framework issue new directives to their supporters to mobilize counter-demonstrations" NO RIOTS FROM THE FRAMEWORK THANK GOD...
8-14-2022 Guest Guru Suzie ...the 15th is rolling around pretty quickly when the banks should be hooked up internationally/digitally and with contracts signed I would think we'll be aware of a new rate shortly...
8-14-2022 Newshound Guru Clare Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles". BOOM!
8-14-2022 Newshound Guru Kaperoni These are the kinds of results we have been looking forward to hearing...Stick to the truth, facts.. CBI News. Remember, you don't randomly increase the value of your currency before the success and growth of your economy, you allow your currency to rise as a result of the growth of your economy. The more success Iraq has the greater potential for the dinar to rise over time. This is exactly the directive of the IMF. [Post 2 of 2]
8-14-2022 Newshound Guru Kaperoni Excellent article tonight from the Central Bank of Iraq indicating that there are positive indicators regarding the growth rates of domestic product (GDP) and non-oil revenues in Iraq. They confirm that these indicators or analysis are a result of the government's implementation of the White Papers and non-oil revenues. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Jeff They have to keep it a secret...all the political news is...scripted BS because all of this is classified...Iraq is secretly going to have a formed complete government. They're not going to tell you how they are going to do it. It will remain a secret to catch everybody by surprise so that when they revalue the currency it catches you by surprise... [Post 2 of 2]
8-14-2022 Newshound Guru Jeff Since they've been approving the Food and Security Law they've fully setting the stage and preparing to revalue ...But the Central Bank told you that they will not be revaluing the currency unless the government is formed...So the rate change has dependency ...but...they can't reveal to you how and when they're gonna form the government. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Tivon Community comment: "August 15 is looming." All banks by or on that date will be ready to interlink digitally through BUNA...The reinstatement can be made efficiently and instantly... I'm excited about the 15th and every hour after that day. Al-Sadr knows something as I'm sure Mustafa, Kazemi, and Sadr all know the playbook. What else could he reward them with after dissolution?
8-14-2022 Newshound Guru Samson Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues"
8-14-2022 Newshound Guru Militiaman Article: "About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars" Sadr brought more than meets the eye(s) to meetings. He wants no one with corruption on their hands to benefit from the re - instatement or re - valuation. Nor does Kahdimi.
8-14-2022 Newshound Guru NORV [aka Kaperoni] Article: "The Central Bank of Iraq: Positive indicators of an increase in GDP growth rates and revenues" Now this is the kind of news we want to see...They are beginning to see improvement in diversifying the economy. And the results of that success will be as the IMF directed years ago...To allow the dinar to gradually appreciate. Exactly as we are hoping for...Direct from the CBI...
8-13-2022 Newshound Guru Pimpy This is the one thing Iraqi dinar investors are frustrated with all the time. Every time it seems like we're starting to get to where we need to be then there's always some kind of delay...something that pops up that keeps the Iraqi dinar exchange rate from increasing in value. If it ain't one thing it's another...the reason why people don't give up their dinar is because the potential is there...I still think it will go up in increments. If the country can get their act together it'll go up much much quicker than you think... [Post 2 of 2]
8-13-2022 Newshound Guru Pimpy Right before this election things seemed to be well on its way on the best path we could possibly go... Iraq met the qualifications to be released [from UNSC Chapter 7]. In addition to that they're being expedited through The WTO organization academy. Al-Kazemi had implemented the reform white papers...Money was about to be invested into the private and public sectors. They were finding alternative ways to generate revenue away from the oil market...the cost of buying oil had increased... [Post 1 of 2....stay tuned]
8-13-2022 Intel Guru Frank26 GROUPS LIKE THE UN HUMANITARIAN PROJECT...OR THE CHINA GROUP...OR THE INDIAN RESERVATION EXCHANGE...OR THE SHIP IN THE PACIFIC OCEAN UNDER INTERNATIONAL WATERS...OR WHATEVER THESE GROUPS HAVE MADE UP THROUGHOUT THE YEARS...TRUST ME...NOBODY IS GOING TO GIVE YOU MORE THAN WHAT THE CBI WILL GIVE BECAUSE IT'S AGAINST THE LAW TO HAVE TWO EXCHANGE RATES FOR ONE CURRENCY...SO CALLED NDA IS NOT TRUE. IT'S LIKE THE SO CALLED 800#...
8-13-2022 Newshound Guru Samson Article: "Commencement of construction of the "tallest" residential tower in Iraq " Quote: "This project will be completed within four years, and its length is 210 meters, which is the longest in Iraq and includes 52 floors"
8-13-2022 Intel Guru MarkZ [via PDK] [At one time we heard the VND will be 85% of the IQD…. What do you think?] I Think it will be more like 50-60% of the iQD…but I hope I am wrong and they are right.
8-13-2022 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq reserves return to levels before ISIS war" The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country's foreign currency exchange rate...
8-13-2022 Newshound Guru Tivon I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards...Then the next day the CBI can reinstate the currency...Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way...
8-13-2022 Newshound Guru Pimpy They [Malki and Sadr] are at an impasse. They're not going to come to any agreement at all...it's going to get to a point where a civil war actually breaks out. I don't want it to but it could...
8-13-2022 Intel Guru MarkZ [via PDK] The CBI once again stressed that they are the only ones that can change the rate. It has nothing to do with the government. And as long as the government looks peaceful and settled they can go ahead and move forward with the rate. They let us know this again...We find this very interesting.
8-13-2022 Newshound Guru Pimpy Right before this election things seemed to be well on its way on the best path we could possibly go... Iraq met the qualifications to be released [from UNSC Chapter 7]. In addition to that they're being expedited through The WTO organization academy. Al-Kazemi had implemented the reform white papers...Money was about to be invested into the private and public sectors. They were finding alternative ways to generate revenue away from the oil market...the cost of buying oil had increased... [Post 1 of 2....stay tuned]
8-13-2022 Intel Guru Frank26 GROUPS LIKE THE UN HUMANITARIAN PROJECT...OR THE CHINA GROUP...OR THE INDIAN RESERVATION EXCHANGE...OR THE SHIP IN THE PACIFIC OCEAN UNDER INTERNATIONAL WATERS...OR WHATEVER THESE GROUPS HAVE MADE UP THROUGHOUT THE YEARS...TRUST ME...NOBODY IS GOING TO GIVE YOU MORE THAN WHAT THE CBI WILL GIVE BECAUSE IT'S AGAINST THE LAW TO HAVE TWO EXCHANGE RATES FOR ONE CURRENCY...SO CALLED NDA IS NOT TRUE. IT'S LIKE THE SO CALLED 800#...
8-13-2022 Newshound Guru Samson Article: "Commencement of construction of the "tallest" residential tower in Iraq " Quote: "This project will be completed within four years, and its length is 210 meters, which is the longest in Iraq and includes 52 floors"
8-13-2022 Intel Guru MarkZ [via PDK] [At one time we heard the VND will be 85% of the IQD…. What do you think?] I Think it will be more like 50-60% of the iQD…but I hope I am wrong and they are right.
8-13-2022 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq reserves return to levels before ISIS war" The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country's foreign currency exchange rate...
8-13-2022 Newshound Guru Tivon I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards...Then the next day the CBI can reinstate the currency...Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way...
8-13-2022 Newshound Guru Pimpy They [Malki and Sadr] are at an impasse. They're not going to come to any agreement at all...it's going to get to a point where a civil war actually breaks out. I don't want it to but it could...
8-13-2022 Intel Guru MarkZ [via PDK] The CBI once again stressed that they are the only ones that can change the rate. It has nothing to do with the government. And as long as the government looks peaceful and settled they can go ahead and move forward with the rate. They let us know this again...We find this very interesting.
8-12-2022 Newshound Guru Pimpy There is some good news. Article: "The Central Bank Announces An increase In Its Cash Reserves To 82 Billion Dollars" I'm curious to see how high they can get this sucker pumped up. If they keep going at this rate by the end of next year do you realize they'll be over $115 billion? ...you want to talk about doing all the right things...to strengthen the dinar, this is it....If we could just get the government going and stability in the economy man we would be well on our way to increasing the value of the Iraqi dinar...
8-12-2022 Newshound Guru Tivon ...The dissolution by default will activate Al-Kazemi...He will officially hold all power to activate reforms at anytime he sees fit. So it doesn't matter if he does it before or after the 15th...all banks will be ready for the new digital platform by that date...he already told the citizens...that the citizens will have their demands met in days...They are waiting for Al-Kazemi...Let this guy bring it home for us. We don't need the UN, IMF, AMF, World Bank, CBI, or US Treasury to tell us that. You should be ready regardless. On the 15th and afterwards. Imo
8-12-2022 Guru Nader From The Mid East The bank came out today with news. Says the reserve amount of dollars is $82 billion. This it says by the end of the years would be 95-99 but you'll see it's going to come out $100-110 billion. Then they talk about gold. They got 130 tons of gold making him the 30th in the world and the number 10 in the Arab world...
8-12-2022 Newshound Guru Kaperoni ...The IMF Article IV Consultation from 2013...directive was to create a suitable investment environment for allowing the dinar to go up in value gradually over time...Iraq needs to pass laws, create a suitable investment environment, and build a diverse private sector economy before the dinar can float and will go up in value.
8-12-2022 Intel Guru Bruce [via WiserNow] ...we heard from three different sources so far...all saying the same thing... They...the Treasury... want this to get started... before Monday the 15th. Can anything good happen over the weekend? Yes, it can. ...if they're going to start this before the 15th I think we're going to get notified in the next few days...I believe we're very close...looks like a good really good weekend for us. I really think we're there...
8-12-2022 Intel Guru Frank26 When they do make the announcement that they have a seated government and dissolved parliament... when you have those two you have a new exchange rate. IMO Kazemi is going to be the one to make the announcement of the new exchange rate...not Mustafa from the CBI...
8-12-2022 Newshound Guru Militiaman ...This weekend may see some very interesting things happen. Let pray they are in line with peace, security and stability to allow the them to give the best rewards to the people...
8-12-2022 Intel Guru MarkZ [via PDK] In Iraq “Dr. Allawi has presented a vision for the economy of Iraq…They would like to point out that now is the ideal time while they have the extra revenue and money coming in from oil sales” This is really good news for us….
8-12-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve rose to 82 billion dollars". Quote: "Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, "
8-12-2022 Newshound Guru Tivon ...Next three days are the focus...
8-12-2022 Newshound Guru Pimpy They're still stuck in this deadlock. It doesn't seem like there's any resolution in sight but I keep watching some slick moves made by Sadr and the more he does this the more popular he becomes...still no agreement. Still no government. Doesn't look like it's gonna happen for a while...
8-12-2022 Newshound/Intel Guru Mnt Goat ...Be patient, it is coming. I know for a FACT the CBI has been planning the change over of currency to the lower denoms for a long time. This will lead to the reinstatement. So hang in... I can not project a date but I know the CBI is looking at January 2023 and not before.
8-12-2022 Newshound Guru Tivon ...The dissolution by default will activate Al-Kazemi...He will officially hold all power to activate reforms at anytime he sees fit. So it doesn't matter if he does it before or after the 15th...all banks will be ready for the new digital platform by that date...he already told the citizens...that the citizens will have their demands met in days...They are waiting for Al-Kazemi...Let this guy bring it home for us. We don't need the UN, IMF, AMF, World Bank, CBI, or US Treasury to tell us that. You should be ready regardless. On the 15th and afterwards. Imo
8-12-2022 Guru Nader From The Mid East The bank came out today with news. Says the reserve amount of dollars is $82 billion. This it says by the end of the years would be 95-99 but you'll see it's going to come out $100-110 billion. Then they talk about gold. They got 130 tons of gold making him the 30th in the world and the number 10 in the Arab world...
8-12-2022 Newshound Guru Kaperoni ...The IMF Article IV Consultation from 2013...directive was to create a suitable investment environment for allowing the dinar to go up in value gradually over time...Iraq needs to pass laws, create a suitable investment environment, and build a diverse private sector economy before the dinar can float and will go up in value.
8-12-2022 Intel Guru Bruce [via WiserNow] ...we heard from three different sources so far...all saying the same thing... They...the Treasury... want this to get started... before Monday the 15th. Can anything good happen over the weekend? Yes, it can. ...if they're going to start this before the 15th I think we're going to get notified in the next few days...I believe we're very close...looks like a good really good weekend for us. I really think we're there...
8-12-2022 Intel Guru Frank26 When they do make the announcement that they have a seated government and dissolved parliament... when you have those two you have a new exchange rate. IMO Kazemi is going to be the one to make the announcement of the new exchange rate...not Mustafa from the CBI...
8-12-2022 Newshound Guru Militiaman ...This weekend may see some very interesting things happen. Let pray they are in line with peace, security and stability to allow the them to give the best rewards to the people...
8-12-2022 Intel Guru MarkZ [via PDK] In Iraq “Dr. Allawi has presented a vision for the economy of Iraq…They would like to point out that now is the ideal time while they have the extra revenue and money coming in from oil sales” This is really good news for us….
8-12-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve rose to 82 billion dollars". Quote: "Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, "
8-12-2022 Newshound Guru Tivon ...Next three days are the focus...
8-12-2022 Newshound Guru Pimpy They're still stuck in this deadlock. It doesn't seem like there's any resolution in sight but I keep watching some slick moves made by Sadr and the more he does this the more popular he becomes...still no agreement. Still no government. Doesn't look like it's gonna happen for a while...
8-12-2022 Newshound/Intel Guru Mnt Goat ...Be patient, it is coming. I know for a FACT the CBI has been planning the change over of currency to the lower denoms for a long time. This will lead to the reinstatement. So hang in... I can not project a date but I know the CBI is looking at January 2023 and not before.
8-10-2020 *** Dinar Community Update *** Sad news in the community today....Guru MarkZ reminds us to please keep Guru Okie in your prayers. Doctors have told him he has 6 months left to live……He asks that you keep him in your prayers with a belief for his healing...
8-11-2022 Newshound Guru Pimpy Could civil war happen [In Iraq]? It looks like Sadr is pretty serious about what's going on. Although he's not said it outright he has made it perfectly clear that he's ready to take things to the next level...at this rate it's closer to civil war than people think...
8-11-2022 Newshound Guru Tivon Article: "Al-Sadr asks the judiciary to dissolve the Iraqi parliament and the President of the Republic to set a date for the elections" Al-Sadr - [I] didn't hold him in high regard...But as you can see he is directly aiding in the resurrection of the phrase "Power To The People"...I can not wait for the coming days ahead. We all know where this is going. The only thing left to do is the obvious. Citizens Entitlements...Right now we are at where we want to be...There is no reason to jump ship and assume the worst for any conceivable outlook that this is about to come to a conclusion.
8-11-2022 Intel Guru MarkZ [via PDK] ...It’s been a great day news wise…. There is still some interesting theatre to watch play out…BUT, about the coming week or so all I can say is “Wow- I feel good…I knew that I would now….” ...We are hearing some great things and I am really being leaned on to not share specifics... This is literally the best time historically to date for them to revalue… There has been really good stuff coming out of Iraq over the last 36 hours.
8-11-2022 Intel Guru Frank26 In December we told you IOO there is a date. I called it a date of titanium...It was the IMF that set that date IMO. It is the IMF that the CBI has been meeting and is the reason why Kazemi has been meeting with the CBI because the IMF triggered it again. IMO the IMF gave the central bank and Kazemi until the 31st of July to get everything done...IMO they accomplished everything and gave them another 30 days...I don't think it's going to be until October. I don't think it's going to be next year.
8-11-2022 Newshound Guru Samson Article: "Iraqi Oil Production Rises To 4.584 Million Barrels Per Day In July"
8-11-2022 Intel Guru Bruce [via WiserNow] ...what I'm getting right now is Iraq's thing is done - the government that they're trying to put back in place...I believe is they may still call it the parliament...they're already elected. They're in the wings right now - they're standing by as they assemble and put together this new form of government.
8-11-2022 Newshound Guru Clare Article: "Government official: Iraq is not thinking of floating the currency at the moment" THIS IS A DISINFORMATION PIECE, IMO ... THE OFFICIAL IS NOT EVEN NAMED... "The official, who asked not to be named,"
8-11-2022 Newshound Guru Sandy Ingram Really good news - Article: "Iraq's oil revenues during the first half of 2022 exceeded $60 bln" The country expects to increase oil exports by 2 million barrels per day in 2023. Iraq is doing it's thing when it comes to oil...
8-11-2022 Guru Nader From The Mid East ...Yesterday article where it says there's no plan to float the Iraqi dinar. I disagree with him... they have no choice...The IMF are not gonna let him do that...These people want some money and for them to make money the dinar have to float or have to change...it's good for the economy...
8-11-2022 Intel Guru MarkZ [via PDK] More confirmations today that the goal still is to have this in place by the 15th. From the CBI: “This bank will adopt a specialized platform for the purpose of exchanging documents and data with all banks that will allow you to benefit from many services including foreign exchange, and shares trading access with foreign financial markets in order to analyze financial data to benefit from them and raise the level of efficiency of decisions related to investments and others. So your banks must participate on this platform no later than August 15, 2022.” This is from the CBI. They are giving us every hint we need for their goals at this time. This is huge.
8-11-2022 Newshound Guru Kaperoni There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading...When you read the actual article it says that they can't float the currency without diversifying the economy. And the question I ask you is what has Iraq been saying for the past 3 years that they're trying to do? That's correct they're trying to diversify their economy.
8-11-2022 Newshound Guru Pimpy Article: "Government official: Iraq is not thinking of floating the currency at the moment" They're sure doing a lot of talking about what they want to do with the Iraq dinar. If I didn't know any better, if we didn't have an issue establishing the government and getting the budget out we'd be a whole lot closer to the rate change happening with the Iraqi dinar...What's going on in Iraq is upsetting. This deadlock with forming a government is stifling the growth and potential of the Iraqi dinar.
8-11-2022 Newshound Guru Tivon Article: "Government official: Iraq is not thinking of floating the currency at the moment" The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons they said it's not feasible? ...They [Iraqi citizens] were already told by the CBI and their news media to expect their currency to float soon...
8-11-2022 Intel Guru MarkZ [via PDK] If they re-instate I believe it would be at $3.22…but keep in mind they are allowed to adjust the rate for inflation during this time period which may well push the rate much higher than that. If they correct for inflation we may see a rate as high as $6 or $7...
8-11-2022 Newshound/Intel Guru Mnt Goat So, how many times must Iraq tell us that the only entity that has the power to change the currency exchange rate is within the coordination of the CBI and the Finance ministry. The cabinet DOES NOT have the power to change the exchange rate, EVER!
8-11-2022 Intel Guru Bruce [via WiserNow] ...based on two different sources. We should - should be able to get notified...and set appointments ...for Thursday...we are looking very strongly right now for everything to come out - Any day now for us really...If the intel that I had...holds up we're in really good shape.
8-11-2022 Newshound Guru Tivon Article: "Al-Sadr asks the judiciary to dissolve the Iraqi parliament and the President of the Republic to set a date for the elections" Al-Sadr - [I] didn't hold him in high regard...But as you can see he is directly aiding in the resurrection of the phrase "Power To The People"...I can not wait for the coming days ahead. We all know where this is going. The only thing left to do is the obvious. Citizens Entitlements...Right now we are at where we want to be...There is no reason to jump ship and assume the worst for any conceivable outlook that this is about to come to a conclusion.
8-11-2022 Intel Guru MarkZ [via PDK] ...It’s been a great day news wise…. There is still some interesting theatre to watch play out…BUT, about the coming week or so all I can say is “Wow- I feel good…I knew that I would now….” ...We are hearing some great things and I am really being leaned on to not share specifics... This is literally the best time historically to date for them to revalue… There has been really good stuff coming out of Iraq over the last 36 hours.
8-11-2022 Intel Guru Frank26 In December we told you IOO there is a date. I called it a date of titanium...It was the IMF that set that date IMO. It is the IMF that the CBI has been meeting and is the reason why Kazemi has been meeting with the CBI because the IMF triggered it again. IMO the IMF gave the central bank and Kazemi until the 31st of July to get everything done...IMO they accomplished everything and gave them another 30 days...I don't think it's going to be until October. I don't think it's going to be next year.
8-11-2022 Newshound Guru Samson Article: "Iraqi Oil Production Rises To 4.584 Million Barrels Per Day In July"
8-11-2022 Intel Guru Bruce [via WiserNow] ...what I'm getting right now is Iraq's thing is done - the government that they're trying to put back in place...I believe is they may still call it the parliament...they're already elected. They're in the wings right now - they're standing by as they assemble and put together this new form of government.
8-11-2022 Newshound Guru Clare Article: "Government official: Iraq is not thinking of floating the currency at the moment" THIS IS A DISINFORMATION PIECE, IMO ... THE OFFICIAL IS NOT EVEN NAMED... "The official, who asked not to be named,"
8-11-2022 Newshound Guru Sandy Ingram Really good news - Article: "Iraq's oil revenues during the first half of 2022 exceeded $60 bln" The country expects to increase oil exports by 2 million barrels per day in 2023. Iraq is doing it's thing when it comes to oil...
8-11-2022 Guru Nader From The Mid East ...Yesterday article where it says there's no plan to float the Iraqi dinar. I disagree with him... they have no choice...The IMF are not gonna let him do that...These people want some money and for them to make money the dinar have to float or have to change...it's good for the economy...
8-11-2022 Intel Guru MarkZ [via PDK] More confirmations today that the goal still is to have this in place by the 15th. From the CBI: “This bank will adopt a specialized platform for the purpose of exchanging documents and data with all banks that will allow you to benefit from many services including foreign exchange, and shares trading access with foreign financial markets in order to analyze financial data to benefit from them and raise the level of efficiency of decisions related to investments and others. So your banks must participate on this platform no later than August 15, 2022.” This is from the CBI. They are giving us every hint we need for their goals at this time. This is huge.
8-11-2022 Newshound Guru Kaperoni There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading...When you read the actual article it says that they can't float the currency without diversifying the economy. And the question I ask you is what has Iraq been saying for the past 3 years that they're trying to do? That's correct they're trying to diversify their economy.
8-11-2022 Newshound Guru Pimpy Article: "Government official: Iraq is not thinking of floating the currency at the moment" They're sure doing a lot of talking about what they want to do with the Iraq dinar. If I didn't know any better, if we didn't have an issue establishing the government and getting the budget out we'd be a whole lot closer to the rate change happening with the Iraqi dinar...What's going on in Iraq is upsetting. This deadlock with forming a government is stifling the growth and potential of the Iraqi dinar.
8-11-2022 Newshound Guru Tivon Article: "Government official: Iraq is not thinking of floating the currency at the moment" The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons they said it's not feasible? ...They [Iraqi citizens] were already told by the CBI and their news media to expect their currency to float soon...
8-11-2022 Intel Guru MarkZ [via PDK] If they re-instate I believe it would be at $3.22…but keep in mind they are allowed to adjust the rate for inflation during this time period which may well push the rate much higher than that. If they correct for inflation we may see a rate as high as $6 or $7...
8-11-2022 Newshound/Intel Guru Mnt Goat So, how many times must Iraq tell us that the only entity that has the power to change the currency exchange rate is within the coordination of the CBI and the Finance ministry. The cabinet DOES NOT have the power to change the exchange rate, EVER!
8-11-2022 Intel Guru Bruce [via WiserNow] ...based on two different sources. We should - should be able to get notified...and set appointments ...for Thursday...we are looking very strongly right now for everything to come out - Any day now for us really...If the intel that I had...holds up we're in really good shape.
8-10-2022 Intel Guru MarkZ [via PDK] Article: “Government official: Iraq is not thinking of floating the currency at the moment” I believe this to be a re-print with a new date on it…Just like in Kuwait the morning that it went. Kuwait ran an article that it would be 6 months to a year or two before they RV’d their currency. They then changed the rate that same afternoon...there are lots of high up officials... saying this thing is about to go. So we have expected them to print these type of articles close to the end.
8-10-2022 Guru Nader From The Mid East Let's make it beautiful. Let's be kind to each other...[gurus] try to help you. They just try to give you some news to know some stuff. You should be grateful for that. Not a lot of people can get some news...without them you know nothing. So be kind to people. Just say thank you to people. I'm not saying don't watch this guy, watch this guy. I have no preference. I have nothing to do with anybody. If somebody said something don't throw oil on the fire and say look this is the smoke is coming out... [Post 2 of 2]
8-10-2022 Guru Nader From The Mid East ...We all agree to disagree correct? ...if you hear something, if you see something negative just keep it for yourself...Some people have to let them hear what they want to hear for them to be happy in life. So let them hear what they want to hear. That's it. It has nothing to do with me...we all living a period of life and then we're gonna disappear from this life. Let's make it nice. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 - all of that is bull crap...there's no redemption centers, there's no 800 numbers, there's no military intel...
8-10-2022 Newshound/Intel Guru RVAlready Ignore their politics, focus on the RV. We were told that, at the end, Iraq would be blowing smoke. It looks to me like we are converging on the RV. Lots of bullshoot out there trying to convince us otherwise. You know the actual release date will remain totally hidden until this is all over.
8-10-2022 Newshound Guru Kaperoni Nobody knows any procedures until such time the dinar appreciates. And if the dinar does gradually appreciate based on the economic growth it's going to take time. [a recent] article mentions 1-4 years therefore it is unlikely that anybody would ever go to a bank. Tends to lean towards ECMs or brokers.
8-10-2022 Intel Guru MarkZ [via PDK] ...most of my contacts believe we are in the last five days of this. I really hope they are correct. We don’t know the timing…but based on everything coming out we are clearly sitting right on top of it...the chatter is great from Iraq. They are expecting to have a new rate in the next week or two...it may take awhile to show up on forex…heck, it took 10 days for Kuwaits new rate to show up on forex. But they are blatantly telling us in the Iraqi press, papers, politicians that the rate is “inbound” We’re going to get it…buckle up.
8-10-2022 Newshound Guru Samson Article: "Erbil Municipality announces the paving of streets in the capital with a billion dinars" [NOTE: They say the streets of Baghdad are paved in gold...I mean dinar! :) ]
8-10-2022 Newshound Guru Tivon ...This type of money is too large for your average bank teller...there really is no reason to deal with them. Once in the bank ask for the manager. Inform him you have IQD and would like to discretely exchange and deposit a small amount until you figure out what your next move is. If they want to authenticate your IQD give them the smallest bill you have and you want to see them destroyed in plain view if they are found to be fake. There should only be two people in the room. You and the person in question. Imo [Post 2 of 2] [NOTE: Speak with your financial advisor at the appropriate time to build the best exchange plan for your unique circumstances.]
8-10-2022 Newshound Guru Tivon You all will have to be mindful of the fact that you hold currency that some bank tellers will be tempted to confiscate by telling you your money is inauthentic and keep it for themselves and exchange it later...you have to guard your currency and do not allow them to keep it without validating the reason with undeniable evidence that what you hold is invalid...If they take it out of your view and not shredding it you may have some "Theft by Counterfeit" perpetrators on your hand. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The situation in Iraq will not affect the economy" That's not true. That's not true at all. The way their laws are set if there's not a new budget for a year you continue down the path that you did for the previous year but it's on a month by month basis. When it comes to...building alternative revenue so you're not so reliant on oil, how can you do that when you cannot fund these projects? They're stuck...having a ton of money doesn't mean your economy is fine...
8-10-2022 Intel Guru Frank26 IMO the auction page has changed... there seems to be a change in the way the auction data is being shown. It feels like a slight of hands...we see numbers but they are not being defined. Something is missing from the norm. The data at the bottom to our eyes looks different. Whenever we see a pattern that has changed we pay attention... 199 billion dinars? And it was not defined? It looks different. It feels different...
8-10-2022 Newshound/Intel Guru Mnt Goat Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen gradually but all at once. The next step is to monitor for inflation for a week or two and then to reinstate on FOREX. We will not get to the rates we want until on FOREX. Currencies are traded on FOREX and other global currency exchanges NOT on NASDAQ, NYSE or in any other of the stock markets, even ISX (the Iraqi stock exchange).
8-10-2022 Guru Nader From The Mid East Let's make it beautiful. Let's be kind to each other...[gurus] try to help you. They just try to give you some news to know some stuff. You should be grateful for that. Not a lot of people can get some news...without them you know nothing. So be kind to people. Just say thank you to people. I'm not saying don't watch this guy, watch this guy. I have no preference. I have nothing to do with anybody. If somebody said something don't throw oil on the fire and say look this is the smoke is coming out... [Post 2 of 2]
8-10-2022 Guru Nader From The Mid East ...We all agree to disagree correct? ...if you hear something, if you see something negative just keep it for yourself...Some people have to let them hear what they want to hear for them to be happy in life. So let them hear what they want to hear. That's it. It has nothing to do with me...we all living a period of life and then we're gonna disappear from this life. Let's make it nice. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 - all of that is bull crap...there's no redemption centers, there's no 800 numbers, there's no military intel...
8-10-2022 Newshound/Intel Guru RVAlready Ignore their politics, focus on the RV. We were told that, at the end, Iraq would be blowing smoke. It looks to me like we are converging on the RV. Lots of bullshoot out there trying to convince us otherwise. You know the actual release date will remain totally hidden until this is all over.
8-10-2022 Newshound Guru Kaperoni Nobody knows any procedures until such time the dinar appreciates. And if the dinar does gradually appreciate based on the economic growth it's going to take time. [a recent] article mentions 1-4 years therefore it is unlikely that anybody would ever go to a bank. Tends to lean towards ECMs or brokers.
8-10-2022 Intel Guru MarkZ [via PDK] ...most of my contacts believe we are in the last five days of this. I really hope they are correct. We don’t know the timing…but based on everything coming out we are clearly sitting right on top of it...the chatter is great from Iraq. They are expecting to have a new rate in the next week or two...it may take awhile to show up on forex…heck, it took 10 days for Kuwaits new rate to show up on forex. But they are blatantly telling us in the Iraqi press, papers, politicians that the rate is “inbound” We’re going to get it…buckle up.
8-10-2022 Newshound Guru Samson Article: "Erbil Municipality announces the paving of streets in the capital with a billion dinars" [NOTE: They say the streets of Baghdad are paved in gold...I mean dinar! :) ]
8-10-2022 Newshound Guru Tivon ...This type of money is too large for your average bank teller...there really is no reason to deal with them. Once in the bank ask for the manager. Inform him you have IQD and would like to discretely exchange and deposit a small amount until you figure out what your next move is. If they want to authenticate your IQD give them the smallest bill you have and you want to see them destroyed in plain view if they are found to be fake. There should only be two people in the room. You and the person in question. Imo [Post 2 of 2] [NOTE: Speak with your financial advisor at the appropriate time to build the best exchange plan for your unique circumstances.]
8-10-2022 Newshound Guru Tivon You all will have to be mindful of the fact that you hold currency that some bank tellers will be tempted to confiscate by telling you your money is inauthentic and keep it for themselves and exchange it later...you have to guard your currency and do not allow them to keep it without validating the reason with undeniable evidence that what you hold is invalid...If they take it out of your view and not shredding it you may have some "Theft by Counterfeit" perpetrators on your hand. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The situation in Iraq will not affect the economy" That's not true. That's not true at all. The way their laws are set if there's not a new budget for a year you continue down the path that you did for the previous year but it's on a month by month basis. When it comes to...building alternative revenue so you're not so reliant on oil, how can you do that when you cannot fund these projects? They're stuck...having a ton of money doesn't mean your economy is fine...
8-10-2022 Intel Guru Frank26 IMO the auction page has changed... there seems to be a change in the way the auction data is being shown. It feels like a slight of hands...we see numbers but they are not being defined. Something is missing from the norm. The data at the bottom to our eyes looks different. Whenever we see a pattern that has changed we pay attention... 199 billion dinars? And it was not defined? It looks different. It feels different...
8-10-2022 Newshound/Intel Guru Mnt Goat Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen gradually but all at once. The next step is to monitor for inflation for a week or two and then to reinstate on FOREX. We will not get to the rates we want until on FOREX. Currencies are traded on FOREX and other global currency exchanges NOT on NASDAQ, NYSE or in any other of the stock markets, even ISX (the Iraqi stock exchange).
8-9-2022 Intel Guru Frank26 Article: "The International Development Bank joins the Federation of Emirates Banks in Dubai" THIS IS BUT ONE OF HUNDREDS OF BANKS AROUND THE WORLD THAT HAVE BEEN BONDED WITH THE CBI AND NOT AT A PROGRAM RATE!
8-9-2022 Intel Guru MarkZ [via PDK] So far from Iraq today I heard from a contact who says the goal is still the 15th or before...there is a lot of chatter from group leaders about this weekend. ...I am praying this is it. It feels really close.
8-9-2022 Newshound Guru Tivon ...The CBI does not have to announce that they are Article 8. The only time we will know that is when we literally see the rate on the Forex.
8-9-2022 Newshound Guru Kaperoni ...There are two real possibilities for the currency in the future. 1, which is being discussed include educational programs with the citizens is a currency exchange neutral event LOP. And 2, what the IMF has discussed for years which is floating the currency and allowing it to gradually appreciate based on the economic growth of the economy. There is absolutely zero talk or discussion of a significant RV of the Iraqi dinar...
8-9-2022 Newshound Guru Pimpy There's still a stalemate going on but...there was a solution that I think is very interesting put forwardly Sadr. Article: "Al-Sadr proposes a "solution" to the political crisis: forming a government devoid of the Sadrists and "Malikis" ...It's going to look like Sadr is willing to do whatever it takes for the Iraqi people and you know dang well Maliki is not going to agree to this and it's going to make Maliki look bad...I'm not sure how they're going to get out of this deadlock...
8-9-2022 Newshound Guru Jeff Iraq pulled a fast one right under everyone of your noses...per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency. They're telling you now they're going to be rescheduling the elections and dissolving parliament...Are we waiting until around September of next your? ...the elections could easily take 3 to 6 months...Are you possibly waiting until sometime in 2024 to see a currency revaluation?
8-9-2022 Intel Guru MarkZ [via PDK] We are hearing very positive things from Iraq... There is a lot of talk about Thursday from Redemption Center’s and groups…but it may be a bit premature…even though I believe we are stinkin close. We got another comment from Iraq yesterday…An advisor to Kazemi letting us know that Kazemi has already cut a deal with the CBI for the release by the 15th. This is more confirmation that this appears to be their target to release before the 15th. Stay calm as we watch this play out.
8-9-2022 Newshound Guru Samson Article: "The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament"
8-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We're still pretty sure when Kazemi and CBI have set forth something that when a seated government is in place we will see a rate change for sure... FRANK: Yes very shortly after Kazemi introduces his government to you citizens then he will introduce a new exchange rate and a new currency through the central bank...
8-9-2022 Intel Guru MarkZ [via PDK] A number of groups reached out to their folks today and sent directions or email instructions for them to make certain they are prepared to go at any moment. One of the notices received said “We do not know the timing yet, but it’s expected to be imminent so make sure you have current ID’s and make certain you have everything ready to go at the drop of a hat”... I think this is huge news that they wanted them to be prepared to go at any moment...
8-9-2022 Intel Guru MarkZ [via PDK] So far from Iraq today I heard from a contact who says the goal is still the 15th or before...there is a lot of chatter from group leaders about this weekend. ...I am praying this is it. It feels really close.
8-9-2022 Newshound Guru Tivon ...The CBI does not have to announce that they are Article 8. The only time we will know that is when we literally see the rate on the Forex.
8-9-2022 Newshound Guru Kaperoni ...There are two real possibilities for the currency in the future. 1, which is being discussed include educational programs with the citizens is a currency exchange neutral event LOP. And 2, what the IMF has discussed for years which is floating the currency and allowing it to gradually appreciate based on the economic growth of the economy. There is absolutely zero talk or discussion of a significant RV of the Iraqi dinar...
8-9-2022 Newshound Guru Pimpy There's still a stalemate going on but...there was a solution that I think is very interesting put forwardly Sadr. Article: "Al-Sadr proposes a "solution" to the political crisis: forming a government devoid of the Sadrists and "Malikis" ...It's going to look like Sadr is willing to do whatever it takes for the Iraqi people and you know dang well Maliki is not going to agree to this and it's going to make Maliki look bad...I'm not sure how they're going to get out of this deadlock...
8-9-2022 Newshound Guru Jeff Iraq pulled a fast one right under everyone of your noses...per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency. They're telling you now they're going to be rescheduling the elections and dissolving parliament...Are we waiting until around September of next your? ...the elections could easily take 3 to 6 months...Are you possibly waiting until sometime in 2024 to see a currency revaluation?
8-9-2022 Intel Guru MarkZ [via PDK] We are hearing very positive things from Iraq... There is a lot of talk about Thursday from Redemption Center’s and groups…but it may be a bit premature…even though I believe we are stinkin close. We got another comment from Iraq yesterday…An advisor to Kazemi letting us know that Kazemi has already cut a deal with the CBI for the release by the 15th. This is more confirmation that this appears to be their target to release before the 15th. Stay calm as we watch this play out.
8-9-2022 Newshound Guru Samson Article: "The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament"
8-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We're still pretty sure when Kazemi and CBI have set forth something that when a seated government is in place we will see a rate change for sure... FRANK: Yes very shortly after Kazemi introduces his government to you citizens then he will introduce a new exchange rate and a new currency through the central bank...
8-9-2022 Intel Guru MarkZ [via PDK] A number of groups reached out to their folks today and sent directions or email instructions for them to make certain they are prepared to go at any moment. One of the notices received said “We do not know the timing yet, but it’s expected to be imminent so make sure you have current ID’s and make certain you have everything ready to go at the drop of a hat”... I think this is huge news that they wanted them to be prepared to go at any moment...
8-8-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022". THAT'S A LOT OF GOLD... CBI IN MY OPINION, YOU CAN RI FIVE TIMES OVER
8-8-2022 Newshound Guru MilitiaMan Question: "I thought that PM K could dissolve parliament on his own, not needing any vote from Parliament…. Did I misunderstand..?" There was speculation that Kahdimi could use necessary powers to do so. However...there is a likelihood that a more specific constitutional way is being used. There are more than one.
8-8-2022 Intel Guru MarkZ [via PDK] [reference Mnt Goat post 8-7-2022] Mnt Goat: "I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar?" MarkZ: Short Answer-Yes
8-8-2022 Newshound Guru Walkingstick [via Frank26] Chain of command - The Deputy Governor of the CBI speaks on behalf of the Governor of the CBI who speaks on behalf of the Board of Directors of the CBI who speaks on behalf of the government of Iraq and Kazemi in conjunction with Kazemi's government and the CBI...
8-8-2022 Guest Guru Humble1 What makes the difference is not the exchange rate compared to other currencies, but the availability of ease of moving money in and out of the country and the ability to easily convert from one currency into another. The difference we are all looking for is for Iraq to re-instate the Dinar back onto the world markets, and in order for them to accomplish that, they need a realistic exchange rate to go along with the re-instatement, IMO [Post 2 of 2]
8-8-2022 Guest Guru Humble1 Community comment "They can't do this on a program rate." That is not an accurate statement, as they can do whatever they want inside of Iraq, as the dinar is used inside the country. What I think you mean is that they won’t attract external investment in a large enough amount to move their country forward at a program rate. [Post 1 of 2....stay tuned]
8-8-2022 Newshound Guru BobTheTaxMan IQD Roundup - It was created during the Iraqi war around 2003. It replace the previous currency that once had a value of $3.75...it's managed by the Iraqi government and the CBI...under a managed float with little change in value for nearly 2 decades. The currency value is 1 IQD to...less than a tenth of a penny. The CBI has often stated their goal is to return to previous levels and stated they could support a $1.17...right now with all these new contractors coming in and the value of oil being what it is I wouldn't be surprised if it did come out at a much better rate than what we thought...
8-8-2022 Newshound Guru Pimpy The political situation is not stable. You have civil unrest which is not what you want if you're going to raise your exchange rate. I'm not saying the exchange rate is not going to change. If that was the case I wouldn't even waste my time. I have Iraqi dinar. I would sell it if I didn't think it was going to happen...sooner or later these people are going to get their crap together and they're going to move forward...
8-8-2022 Newshound Guru Tivon Gradually and internally reducing the USD price in the country until it reaches 1:1 will probably be the marker to reinstate on the international markets. This makes sense to me. But other alternatives could be at play. At least it's out there now. I am just wondering how long until equal value is reached within their markets before they decide to release it on the global markets.
8-8-2022 Intel Guru MarkZ [via PDK] Article: “Al Kazemi’s advisor: the situation in Iraq will not affect the economy” Other articles that came out yesterday stating they do not need the government sat in order for rate or economic changes…We know they have a drop dead-ish date coming up on the 15th as they have done a tremendous amount of negotiating for then. Whether they meet that date or not…we shall see. [Why is the 15th important?] Because of the number of contractors whose contracts have been renegotiated for a changed rate starting on the 15th...they have T minus 7 days. Next Monday they are supposed to get paid with the new rate. What’s gonna happen?
8-8-2022 Intel Guru Frank26 Sadr and Kazemi combination - I have never seen this type of covalent bonding...of citizens to Kazemi, to Sadr, to the government, to the CBI. It is historical. We have never seen such unity inside of Iraq because of the leadership of these two gentlemen...I love this!
8-8-2022 Newshound Guru Sandy Ingram Article: "Could Iraq slide into civil war?" Iraq has not be able to form a government and things have gotten worse. The global news networks are openly asking questions no one wanted to previously talk about...
8-8-2022 Newshound/Intel Guru RVAlready I think the rewriting of the major Iraq contracts from USD to dinar indicates that the RV is urgent and about to happen. I do not think that Kazemi or the CBI will let the political problems interfere with the RV much longer.
8-8-2022 Newshound Guru MilitiaMan Question: "I thought that PM K could dissolve parliament on his own, not needing any vote from Parliament…. Did I misunderstand..?" There was speculation that Kahdimi could use necessary powers to do so. However...there is a likelihood that a more specific constitutional way is being used. There are more than one.
8-8-2022 Intel Guru MarkZ [via PDK] [reference Mnt Goat post 8-7-2022] Mnt Goat: "I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar?" MarkZ: Short Answer-Yes
8-8-2022 Newshound Guru Walkingstick [via Frank26] Chain of command - The Deputy Governor of the CBI speaks on behalf of the Governor of the CBI who speaks on behalf of the Board of Directors of the CBI who speaks on behalf of the government of Iraq and Kazemi in conjunction with Kazemi's government and the CBI...
8-8-2022 Guest Guru Humble1 What makes the difference is not the exchange rate compared to other currencies, but the availability of ease of moving money in and out of the country and the ability to easily convert from one currency into another. The difference we are all looking for is for Iraq to re-instate the Dinar back onto the world markets, and in order for them to accomplish that, they need a realistic exchange rate to go along with the re-instatement, IMO [Post 2 of 2]
8-8-2022 Guest Guru Humble1 Community comment "They can't do this on a program rate." That is not an accurate statement, as they can do whatever they want inside of Iraq, as the dinar is used inside the country. What I think you mean is that they won’t attract external investment in a large enough amount to move their country forward at a program rate. [Post 1 of 2....stay tuned]
8-8-2022 Newshound Guru BobTheTaxMan IQD Roundup - It was created during the Iraqi war around 2003. It replace the previous currency that once had a value of $3.75...it's managed by the Iraqi government and the CBI...under a managed float with little change in value for nearly 2 decades. The currency value is 1 IQD to...less than a tenth of a penny. The CBI has often stated their goal is to return to previous levels and stated they could support a $1.17...right now with all these new contractors coming in and the value of oil being what it is I wouldn't be surprised if it did come out at a much better rate than what we thought...
8-8-2022 Newshound Guru Pimpy The political situation is not stable. You have civil unrest which is not what you want if you're going to raise your exchange rate. I'm not saying the exchange rate is not going to change. If that was the case I wouldn't even waste my time. I have Iraqi dinar. I would sell it if I didn't think it was going to happen...sooner or later these people are going to get their crap together and they're going to move forward...
8-8-2022 Newshound Guru Tivon Gradually and internally reducing the USD price in the country until it reaches 1:1 will probably be the marker to reinstate on the international markets. This makes sense to me. But other alternatives could be at play. At least it's out there now. I am just wondering how long until equal value is reached within their markets before they decide to release it on the global markets.
8-8-2022 Intel Guru MarkZ [via PDK] Article: “Al Kazemi’s advisor: the situation in Iraq will not affect the economy” Other articles that came out yesterday stating they do not need the government sat in order for rate or economic changes…We know they have a drop dead-ish date coming up on the 15th as they have done a tremendous amount of negotiating for then. Whether they meet that date or not…we shall see. [Why is the 15th important?] Because of the number of contractors whose contracts have been renegotiated for a changed rate starting on the 15th...they have T minus 7 days. Next Monday they are supposed to get paid with the new rate. What’s gonna happen?
8-8-2022 Intel Guru Frank26 Sadr and Kazemi combination - I have never seen this type of covalent bonding...of citizens to Kazemi, to Sadr, to the government, to the CBI. It is historical. We have never seen such unity inside of Iraq because of the leadership of these two gentlemen...I love this!
8-8-2022 Newshound Guru Sandy Ingram Article: "Could Iraq slide into civil war?" Iraq has not be able to form a government and things have gotten worse. The global news networks are openly asking questions no one wanted to previously talk about...
8-8-2022 Newshound/Intel Guru RVAlready I think the rewriting of the major Iraq contracts from USD to dinar indicates that the RV is urgent and about to happen. I do not think that Kazemi or the CBI will let the political problems interfere with the RV much longer.
8-7-2022 Newshound Guru Samson Article: "Sadrist's deputy submits a request to Al-Halbousi to hold an extraordinary session to dissolve parliament"
8-7-2022 Newshound Guru Militiaman IMO WE ARE ABOUT TO SEE THE $$$$ ...the process to get to the RV to start and that, at this point can take nanoseconds..
8-7-2022 Newshound Guru Tivon [Response to Humble1 below] There is no middle ground when you violate the constitution. The law [ESFL} should have never made it to the Gazette if his "argument" was legit. Mazhar Muhammad Saleh said specifically that it can't be challenged by anyone in the government because it's tied to entitlements which are connected to the constitution...The Gazette is the ground from which all laws can be proven legal/illegal simply by it being published in it or not.
8-7-2022 Intel Guru Frank26 We're going to see a new exchange rate of the currency through Kazemi's government and IMO parliament will eventually be dissolved. Just like Kuwait...dissolved their parliament for a very good reason. This will be good for Iraq... Kazemi will have a caretaker government with all the powers behind it...that dissolvement gives Kazemi majority rule. This will give Kazemi full power for two years. And that's good. No body will be able to do or say anything against him. That's a good amount of time IMO for the monetary and economic reforms.
8-7-2022 Guest Guru Humble1 I personally like the law, and until it is challenged in court it is law, and legal. No one objected because they also like the law, apparently. It may never be taken to court, who knows. But the author of the article made a legitimate argument, the law should it be brought before the court would be found to be unconstitutional ...I really hope no one does object to the law, because it is good for Iraq, and in a very round about way, good for the dinar investors like myself and others. [Post 2 of 2]
8-7-2022 Guest Guru Humble1 Article: "Is it possible to dissolve parliament ?" the EFSL - Yes it is law, but only because it has not gotten disputed and a suit filed with the courts, technically the law is unconstitutional, this article states that fact in black and white, not that I think it is, I rather like the law, as it helps Iraq, but none the less unconstitutional...the current government is the caretaker of daily affairs, and it does not have the constitutional legitimacy for that, according to Article (64-second) and according to the Federal Supreme Court’s decision No. 121 / Federal / 2022, [Post 1 of 2....stay tuned]
8-7-2022 Guru Nader From The Mid East Iran completely lost control. That's very good news. Iran lost control of Iraq and that's good news. The citizens of Iraq came out and said enough is enough.
8-7-2022 Newshound Guru Jeff Wells Fargo Private Bank - I consulted with them...this is the investment division of Well Fargo Bank...I asked him...if I had a bunch of foreign currency that revalued...because I'm allowing you to invest it would you exchange it for free? He said yes as long as you had enough money...I don't know what the minimum amount is. You have to barter with them.
8-7-2022 Newshound Guru Clare Article: "Al-Sadr: (Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative".
8-7-2022 Newshound Guru Tivon You still waiting for the government when there is a clear timeline to release the rate anyway? ...I don't care about no seated GOI. They have to release the rate regardless.
8-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We are still hearing Kazemi made a big deal with the CBI and saying the dinar rate will change very soon. When? We don't know. He doesn't tell us...it sounds like they're going to float the dinar but we're not sure when.
8-7-2022 Newshound Guru Pimpy Somebody said, 'Protest aren't real...it's all fake over there. They're just doing that to throw us off.' The protests are not fake...I'm not saying governments are truthful but to say all of their news and all their views on politics is a lie? ...just go to google put in 'Iraq protest'. There's article after article after article. And it's not just from Iraq. You have the Washington Post...PBS, Jerusalem Post, ABC, Yahoo News...the news is not always BS...the protest is happening...
8-7-2022 Newshound/Intel Guru Mnt Goat I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar? I will give you a short answer to this question – maybe ...the Vietnam war has been over for about 50 years and still they have their downgraded currency and larger three zero notes. Maybe it’s time to bring them to the standard of the western currency? We can see there is no hurry to change these notes, at least not what they are saying. We do also see a higher VND rate (.47 – $2.00) in the QFS staged to go at some point. So, something is up. This is a good sign.
8-7-2022 Newshound Guru Militiaman IMO WE ARE ABOUT TO SEE THE $$$$ ...the process to get to the RV to start and that, at this point can take nanoseconds..
8-7-2022 Newshound Guru Tivon [Response to Humble1 below] There is no middle ground when you violate the constitution. The law [ESFL} should have never made it to the Gazette if his "argument" was legit. Mazhar Muhammad Saleh said specifically that it can't be challenged by anyone in the government because it's tied to entitlements which are connected to the constitution...The Gazette is the ground from which all laws can be proven legal/illegal simply by it being published in it or not.
8-7-2022 Intel Guru Frank26 We're going to see a new exchange rate of the currency through Kazemi's government and IMO parliament will eventually be dissolved. Just like Kuwait...dissolved their parliament for a very good reason. This will be good for Iraq... Kazemi will have a caretaker government with all the powers behind it...that dissolvement gives Kazemi majority rule. This will give Kazemi full power for two years. And that's good. No body will be able to do or say anything against him. That's a good amount of time IMO for the monetary and economic reforms.
8-7-2022 Guest Guru Humble1 I personally like the law, and until it is challenged in court it is law, and legal. No one objected because they also like the law, apparently. It may never be taken to court, who knows. But the author of the article made a legitimate argument, the law should it be brought before the court would be found to be unconstitutional ...I really hope no one does object to the law, because it is good for Iraq, and in a very round about way, good for the dinar investors like myself and others. [Post 2 of 2]
8-7-2022 Guest Guru Humble1 Article: "Is it possible to dissolve parliament ?" the EFSL - Yes it is law, but only because it has not gotten disputed and a suit filed with the courts, technically the law is unconstitutional, this article states that fact in black and white, not that I think it is, I rather like the law, as it helps Iraq, but none the less unconstitutional...the current government is the caretaker of daily affairs, and it does not have the constitutional legitimacy for that, according to Article (64-second) and according to the Federal Supreme Court’s decision No. 121 / Federal / 2022, [Post 1 of 2....stay tuned]
8-7-2022 Guru Nader From The Mid East Iran completely lost control. That's very good news. Iran lost control of Iraq and that's good news. The citizens of Iraq came out and said enough is enough.
8-7-2022 Newshound Guru Jeff Wells Fargo Private Bank - I consulted with them...this is the investment division of Well Fargo Bank...I asked him...if I had a bunch of foreign currency that revalued...because I'm allowing you to invest it would you exchange it for free? He said yes as long as you had enough money...I don't know what the minimum amount is. You have to barter with them.
8-7-2022 Newshound Guru Clare Article: "Al-Sadr: (Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative".
8-7-2022 Newshound Guru Tivon You still waiting for the government when there is a clear timeline to release the rate anyway? ...I don't care about no seated GOI. They have to release the rate regardless.
8-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We are still hearing Kazemi made a big deal with the CBI and saying the dinar rate will change very soon. When? We don't know. He doesn't tell us...it sounds like they're going to float the dinar but we're not sure when.
8-7-2022 Newshound Guru Pimpy Somebody said, 'Protest aren't real...it's all fake over there. They're just doing that to throw us off.' The protests are not fake...I'm not saying governments are truthful but to say all of their news and all their views on politics is a lie? ...just go to google put in 'Iraq protest'. There's article after article after article. And it's not just from Iraq. You have the Washington Post...PBS, Jerusalem Post, ABC, Yahoo News...the news is not always BS...the protest is happening...
8-7-2022 Newshound/Intel Guru Mnt Goat I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar? I will give you a short answer to this question – maybe ...the Vietnam war has been over for about 50 years and still they have their downgraded currency and larger three zero notes. Maybe it’s time to bring them to the standard of the western currency? We can see there is no hurry to change these notes, at least not what they are saying. We do also see a higher VND rate (.47 – $2.00) in the QFS staged to go at some point. So, something is up. This is a good sign.
8-6-2022 Newshound Guru Pimpy I started hearing rumors of people going, 'Yeah, they changed the rate they just haven't announced it to the public yet.' I was like what the hell are you guys talking about? ...let's say for shits and giggles they went ahead and they made the change privately and then somehow got out publicly - What's to keep everybody and their mama from rushing out and buying more Iraqi dinar because they knew the rate change took place. That's why I know it's BS...it makes no sense whatsoever...
8-6-2022 Intel Guru Frank26 Will they float the dinar like the hot rumor that's out there on the internet right now? I don't know but...they had and auction last week...IMO a float cannot occur during an auction week...
8-6-2022 Newshound Guru Tivon ...You can see why some would assume there's a long way to go. Because it appears we are waiting on things being settled between what powers will run the country in "The New Government". But Al-Kazemi is in position to implement everything for the interim period as an transitional authority who will use the EFSL to enact the Oil & Gas Law sense he will have full legislative authority...The citizens do not want a "New Government". They want purchasing power.
8-6-2022 Newshound Guru Walkingstick [via Frank26] The closed door meetings with the CBI/AMF are strong sighs that the monetary reforms continues its forward progress internationally...
8-6-2022 Newshound Guru Militiaman Article "The Coordination Framework announces its support for holding early elections under conditions" Dissolution is gaining considerable popularity and there is strong demand to get the corrupt accounted for. Sadr knows that the US and others know where the money is. The Citizens know that to be true now. They told us years ago they were working to this end. And that end looks to be within days now...
8-6-2022 Intel Guru MarkZ [via PDK] We do not have to see them set the government…we just need to see them making progress so the Minister of finance and CBI have the confidence to move forward. That’s why all the meetings in the last 36 hours are so important...the conversation on the streets is about the rate change and there is more talk from Kazemi and friends regarding the change of that rate. So I do believe we are right here at the cusp of this thing happening. We are pushing toward the finish line...We are measurably closer then we have ever been in this journey. [post 2 of 2]
8-6-2022 Intel Guru MarkZ [via PDK] From Iraq: “Al-Amiri waits...and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important. Even more important…and my finance minister contacts have been telling me this as well from the last few months…. [Guru] Mt. Goat picked up on this as well... [reference Mnt Goat post below] [post 1 of 2....stay tuned]
8-6-2022 Newshound Guru Samson Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022" Quote: "The Iraqi Bank bought 34 tons of gold. This is the first increase in gold reserves by the Central Bank of Iraq since it purchased 7 tons in 2018. The Bank of Iraq now owns 130 tons of gold"
8-6-2022 Newshound Guru Pimpy A video [was released] in which somebody was talking about the rate change to the Iraqi dinar...there's a lot of suckers...they jump the gun way too quick. Nobody ever said that the rate change took place. What they said is there's talk of a rate change...that you should start to see the value of the Iraqi dinar increase and I agree full heartedly...
8-6-2022 Intel Guru Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
8-6-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMICALLY AND PARLIAMENTARIAN” ..THE LAW: THE EXCHANGE RATE OF THE DOLLAR WILL SEE THE LIGHT IN THE NEXT STAGE" Quote: "State of Law Representative Jassem al-Moussawi confirmed...Wednesday, that the chances of the coordination framework within the parliament have become very strong, and this qualifies him to change the exchange rate of the Iraqi dinar against the US dollar," No! It does not qualify parliament to change the exchange rate. We have gotten multiple articles from the CBI and Finance Committee that they alone have the power to change the exchange rate. Now having said this parliament can surely put pressure on them to act but have control of parliament does not “qualify them to do anything when it comes to currency reform”.
8-6-2022 Intel Guru MarkZ [via PDK] [...Iraq has a lot of big contracts to pay by August 15th…one is a huge oil contract to France for 27 billion…so I am thinking it will go by then. ] Yes from what I am being told…i believe it also needs to be done by the 15th of August...I hope and pray I am not wrong unless it’s much sooner.
8-6-2022 Intel Guru Frank26 Will they float the dinar like the hot rumor that's out there on the internet right now? I don't know but...they had and auction last week...IMO a float cannot occur during an auction week...
8-6-2022 Newshound Guru Tivon ...You can see why some would assume there's a long way to go. Because it appears we are waiting on things being settled between what powers will run the country in "The New Government". But Al-Kazemi is in position to implement everything for the interim period as an transitional authority who will use the EFSL to enact the Oil & Gas Law sense he will have full legislative authority...The citizens do not want a "New Government". They want purchasing power.
8-6-2022 Newshound Guru Walkingstick [via Frank26] The closed door meetings with the CBI/AMF are strong sighs that the monetary reforms continues its forward progress internationally...
8-6-2022 Newshound Guru Militiaman Article "The Coordination Framework announces its support for holding early elections under conditions" Dissolution is gaining considerable popularity and there is strong demand to get the corrupt accounted for. Sadr knows that the US and others know where the money is. The Citizens know that to be true now. They told us years ago they were working to this end. And that end looks to be within days now...
8-6-2022 Intel Guru MarkZ [via PDK] We do not have to see them set the government…we just need to see them making progress so the Minister of finance and CBI have the confidence to move forward. That’s why all the meetings in the last 36 hours are so important...the conversation on the streets is about the rate change and there is more talk from Kazemi and friends regarding the change of that rate. So I do believe we are right here at the cusp of this thing happening. We are pushing toward the finish line...We are measurably closer then we have ever been in this journey. [post 2 of 2]
8-6-2022 Intel Guru MarkZ [via PDK] From Iraq: “Al-Amiri waits...and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important. Even more important…and my finance minister contacts have been telling me this as well from the last few months…. [Guru] Mt. Goat picked up on this as well... [reference Mnt Goat post below] [post 1 of 2....stay tuned]
8-6-2022 Newshound Guru Samson Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022" Quote: "The Iraqi Bank bought 34 tons of gold. This is the first increase in gold reserves by the Central Bank of Iraq since it purchased 7 tons in 2018. The Bank of Iraq now owns 130 tons of gold"
8-6-2022 Newshound Guru Pimpy A video [was released] in which somebody was talking about the rate change to the Iraqi dinar...there's a lot of suckers...they jump the gun way too quick. Nobody ever said that the rate change took place. What they said is there's talk of a rate change...that you should start to see the value of the Iraqi dinar increase and I agree full heartedly...
8-6-2022 Intel Guru Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
8-6-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMICALLY AND PARLIAMENTARIAN” ..THE LAW: THE EXCHANGE RATE OF THE DOLLAR WILL SEE THE LIGHT IN THE NEXT STAGE" Quote: "State of Law Representative Jassem al-Moussawi confirmed...Wednesday, that the chances of the coordination framework within the parliament have become very strong, and this qualifies him to change the exchange rate of the Iraqi dinar against the US dollar," No! It does not qualify parliament to change the exchange rate. We have gotten multiple articles from the CBI and Finance Committee that they alone have the power to change the exchange rate. Now having said this parliament can surely put pressure on them to act but have control of parliament does not “qualify them to do anything when it comes to currency reform”.
8-6-2022 Intel Guru MarkZ [via PDK] [...Iraq has a lot of big contracts to pay by August 15th…one is a huge oil contract to France for 27 billion…so I am thinking it will go by then. ] Yes from what I am being told…i believe it also needs to be done by the 15th of August...I hope and pray I am not wrong unless it’s much sooner.
8-5-2022 Intel Guru Frank26 IMO the IMF gave the CBI until July 31st. ...Yeah, IMO...they said you have until the 31st to complete all of this. What is all of this? Release your new exchange rate...IMO they have 30 days from July 31st to complete this. This is just my opinion.
8-5-2022 Guru Nader From The Mid East It's a mess between Sadr and Maliki...I don't think one of them is gonna get the power. I think the people is getting mad because...they just want the power...I think it's going to go to an election and I don't think it's going to be a parliament anymore in the future. I think it's going to be a presidency power, not parliament power not anymore. I don't think it's going to be a civil war. I worry about that a lot but I don't think it's going to be...
8-5-2022 Intel Guru MarkZ [via PDK] Everyone is gathered around the dance floor waiting for the music to start. The chatter has been really good this afternoon…but we just have not seen it yet.
8-5-2022 Newshound Guru Kaperoni ...deleting 3 zeros. If they go through with it it is not an RV. They are teaching their citizens about a currency exchange LOP. Not what we want.
8-5-2022 Intel Guru Bruce [via WiserNow] ...we [should] receive our notifications over the weekend - and that to me is Saturday or Sunday - ...and more than likely we'll have access to funds Monday or Tuesday of next week...Iraq did move forward. They did put their rate out to be traded. I don't believe it's out so we can see it yet. But then again, it could happen on Saturday.
8-5-2022 Newshound Guru Walkingstick [via Frank26] The AMF, Arab Monetary Fund, wants the IQD in the middle eastern basket. That's why you saw the SDRs being worked on...somebody's doing something. And the one who's doing something is Kazemi.
8-5-2022 Newshound Guru Samson Article: "The storming of Al-Khadra renews calls for the transition to the presidential system"
8-5-2022 Newshound Guru Tivon I don't know what the big deal is surrounding the 15[th] other than what was explicitly said by the CBI as to what they want done prior to that...The CBI gave out those dates for the banks to get on the new platform...The 2nd half started on July 1st. BUNA has not launched yet. Are they waiting to make sure the CBI is ready? Well if the CBI is not it probably has to do with the banks who still are preparing to join the new digital platform by the 15th.
8-5-2022 Intel Guru MarkZ [via PDK] ...Iraq itself has been very quiet. They are going into a weekend where they hope to seat their government. All I can say, even though you are tired of hearing it is “buckle up”. [Tivon from DR’s says it is just about to go because Kazemi has the power to call it.] Kazemi really does…that’s why I am still looking for it to go at any moment. And, he has clearly said they are going back to the “Pre Gulf War Rate”.
8-5-2022 Newshound Guru Sandy Ingram Article "Iraq's al-Sadr demands dissolution of parliament, early elections" This news could and will ultimately affect our Iraqi dinar investment...Sadr has urged his supporters to continue their sit-in...until his demand of dissolution of parliament are met...
8-5-2022 Newshound Guru Pimpy ...Somebody somewhere along the line started telling people that the rate change has already happened. It has not happened. It doesn't make sense...to announce that it's happened privately and not do it publicly...They're talking about a rate change but they're not saying when they're going to implement this...So hang tight people because you are a lot closer than you even know...it's gonna happen. Things are changing around the world right now. We can se it as clear as day... [Post 2 of 2]
8-5-2022 Newshound Guru Pimpy [Guru] Nader From The Middle East] released a video. ...Some people are asking me to please translate it...This person is regurgitating the news that we've already spoke about...there is some encouragement going on when it comes to the Iraqi dinar exchange rate...What this person is talking about was an older article... [Post 1 of 2....stay tuned]
8-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] These videos are out all over the place...seen them over and over again and they are talking about our currency and what we used to use in the past [coins]. The last thing he talked about the new notes and discussed the possibility of the dinar and investment opportunities. The other video you asked about talked about the same thing about how the Iraqi dinar going to change. He didn't say how much. He touched on Kazemi and CBI deals...The third video was more about investment opportunities here in Iraq...there is another video and that one talk too about new notes and coins to offset the rise of the dinar and make operational for daily transactions. This all leads to a rate change...
8-5-2022 Intel Guru MarkZ [via PDK] [What...If Iraq goes alone?] I am still told that even if Iraq goes alone [No Global Currency Reset]... even if there is a float…our rate is covered by a contract/treaty…set higher then it will initially come out at…I was told about $2 more per dinar…they will only honor the higher denomination notes for a limited time. We learned this in Kuwait, China and other revaluations that have happened throughout history. So if you wait too long …your currency really could become wallpaper.
8-5-2022 Newshound/Intel Guru Mnt Goat On Wednesday al-Sadr gave a speech...Al-Sadr openly declared what his policy is going to be for the next government. He said...the only direction is to dissolve parliament and re-run the elections... the coordination framework said they will officially respond to Al-Sadr’s demands in the coming hours...Oil is high and money is flowing. Can they keep the Sadr momentum going and get the govt formed while “the iron is hot”...Remember that caretaker prime minister Al-Kazemi will remain in power and position until the current crisis is resolved.
8-5-2022 Guru Nader From The Mid East It's a mess between Sadr and Maliki...I don't think one of them is gonna get the power. I think the people is getting mad because...they just want the power...I think it's going to go to an election and I don't think it's going to be a parliament anymore in the future. I think it's going to be a presidency power, not parliament power not anymore. I don't think it's going to be a civil war. I worry about that a lot but I don't think it's going to be...
8-5-2022 Intel Guru MarkZ [via PDK] Everyone is gathered around the dance floor waiting for the music to start. The chatter has been really good this afternoon…but we just have not seen it yet.
8-5-2022 Newshound Guru Kaperoni ...deleting 3 zeros. If they go through with it it is not an RV. They are teaching their citizens about a currency exchange LOP. Not what we want.
8-5-2022 Intel Guru Bruce [via WiserNow] ...we [should] receive our notifications over the weekend - and that to me is Saturday or Sunday - ...and more than likely we'll have access to funds Monday or Tuesday of next week...Iraq did move forward. They did put their rate out to be traded. I don't believe it's out so we can see it yet. But then again, it could happen on Saturday.
8-5-2022 Newshound Guru Walkingstick [via Frank26] The AMF, Arab Monetary Fund, wants the IQD in the middle eastern basket. That's why you saw the SDRs being worked on...somebody's doing something. And the one who's doing something is Kazemi.
8-5-2022 Newshound Guru Samson Article: "The storming of Al-Khadra renews calls for the transition to the presidential system"
8-5-2022 Newshound Guru Tivon I don't know what the big deal is surrounding the 15[th] other than what was explicitly said by the CBI as to what they want done prior to that...The CBI gave out those dates for the banks to get on the new platform...The 2nd half started on July 1st. BUNA has not launched yet. Are they waiting to make sure the CBI is ready? Well if the CBI is not it probably has to do with the banks who still are preparing to join the new digital platform by the 15th.
8-5-2022 Intel Guru MarkZ [via PDK] ...Iraq itself has been very quiet. They are going into a weekend where they hope to seat their government. All I can say, even though you are tired of hearing it is “buckle up”. [Tivon from DR’s says it is just about to go because Kazemi has the power to call it.] Kazemi really does…that’s why I am still looking for it to go at any moment. And, he has clearly said they are going back to the “Pre Gulf War Rate”.
8-5-2022 Newshound Guru Sandy Ingram Article "Iraq's al-Sadr demands dissolution of parliament, early elections" This news could and will ultimately affect our Iraqi dinar investment...Sadr has urged his supporters to continue their sit-in...until his demand of dissolution of parliament are met...
8-5-2022 Newshound Guru Pimpy ...Somebody somewhere along the line started telling people that the rate change has already happened. It has not happened. It doesn't make sense...to announce that it's happened privately and not do it publicly...They're talking about a rate change but they're not saying when they're going to implement this...So hang tight people because you are a lot closer than you even know...it's gonna happen. Things are changing around the world right now. We can se it as clear as day... [Post 2 of 2]
8-5-2022 Newshound Guru Pimpy [Guru] Nader From The Middle East] released a video. ...Some people are asking me to please translate it...This person is regurgitating the news that we've already spoke about...there is some encouragement going on when it comes to the Iraqi dinar exchange rate...What this person is talking about was an older article... [Post 1 of 2....stay tuned]
8-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] These videos are out all over the place...seen them over and over again and they are talking about our currency and what we used to use in the past [coins]. The last thing he talked about the new notes and discussed the possibility of the dinar and investment opportunities. The other video you asked about talked about the same thing about how the Iraqi dinar going to change. He didn't say how much. He touched on Kazemi and CBI deals...The third video was more about investment opportunities here in Iraq...there is another video and that one talk too about new notes and coins to offset the rise of the dinar and make operational for daily transactions. This all leads to a rate change...
8-5-2022 Intel Guru MarkZ [via PDK] [What...If Iraq goes alone?] I am still told that even if Iraq goes alone [No Global Currency Reset]... even if there is a float…our rate is covered by a contract/treaty…set higher then it will initially come out at…I was told about $2 more per dinar…they will only honor the higher denomination notes for a limited time. We learned this in Kuwait, China and other revaluations that have happened throughout history. So if you wait too long …your currency really could become wallpaper.
8-5-2022 Newshound/Intel Guru Mnt Goat On Wednesday al-Sadr gave a speech...Al-Sadr openly declared what his policy is going to be for the next government. He said...the only direction is to dissolve parliament and re-run the elections... the coordination framework said they will officially respond to Al-Sadr’s demands in the coming hours...Oil is high and money is flowing. Can they keep the Sadr momentum going and get the govt formed while “the iron is hot”...Remember that caretaker prime minister Al-Kazemi will remain in power and position until the current crisis is resolved.
8-4-2022 Newshound Guru Tivon Article: "Al-Sadr directs the protesters to stay in the green and calls for the dissolution of Parliament and the holding of early elections" ...I don't think the citizens will have to wait for the elections and the formation of the GOI to see purchasing power. Because Al-Kazemi as an interim government will have the necessary powers to give that to them now...the news coming out now supports a immediate change to take place with reforms so it can have some wheels.
8-4-2022 Intel Guru Frank26 I know there's a real big rumor out there saying, 'Guess what's going to happen tonight? The Iraqi dinar is going to float!" Do I think it's going to float tonight? I don't know. Do I sense it? No not really...if and when it does it will be because parliament will eventually be dissolved....this rumor is just not ripe enough yet...
8-4-2022 Intel Guru MarkZ [via PDK] Rumors are all over the place as to what’s happening in Iraq. They are still moving forward with seating the government…but the rumors are they are going to let it start floating. Expect more rumors… I am hearing exceptionally confident things from the Mideast and Reno area that we are in the last days. Days not weeks…which is sooner then what I was expecting.
8-4-2022 Newshound Guru Kaperoni Iraq still has a significant amount of work to be done including formation of the new government, passing over 100 stalled economic laws and implementing all of the stalled reconstruction, and economic activities throughout Iraq to diversify its economy. Only then can the central bank take significant measures to begin to raise the value via float.
8-4-2022 Newshound Guru Samson Article: "Al-Sadr directs the protesters to stay in the green and calls for the dissolution of Parliament and the holding of early elections"
8-4-2022 Newshound Guru Breitling The riots and parliament - you couldn't imagine on how we benefit form this. It's a very good thing. Because people are anxious...and sick and tired of it. They see the price of oil per barrel and they know the elites in their country and how much they're making and it's not translating down to them...
8-4-2022 Newshound/Intel Guru Mnt Goat I have to say it is looking more and more that this stalemate is going to push for the dissolution of parliament and the changing of the constitution towards a majority government. This is a standoff between the corrupt and the survival of Iraq. Yes, a good old fashion “showdown”!...Having said that I do not think that the Coordination Framework is going to vote on such a measure as the dissolving of parliament since they have the majority in the house now and seems it would never pass, however the show is not over until the fat lady sings…lol...
8-4-2022 Newshound Guru Pimpy Al-Kazemi is that one guy that gets along with all the groups. If there's anybody out there that could prevent this civil war from happening think it's Al-Kazemi...the other one person that might be able to bring calmer heads to the table would be Amari. He has been meeting with Sadr.
8-4-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: Stabilizing contracts and appointing health professionals and higher
certificates are not linked to the budget" He is basically saying Al-Kazemi may be the only possible avenue to address the dollar exchange rate through the EFSL...this is very enlightening to hear as Al-Kazemi wants to reduce the dollar exchange rate without relying on the givers to do so. Which is why the demonstrators are taking to the streets because they realize the government are the ones in the way. Imo
8-4-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr demands the dissolution of parliament and the holding of early elections . the old faces do not exist anymore democratically” Very positive news as they move forward to form a “majority” government. Different blocs are also pushing to dissolve parliament…Al Amiri is pushing for a meeting about this within 2 days…They are making huge strides in Iraq. They have not worked together in years…decades even. Now they are sitting down together to finish it. Then Al Kazemi- as soon as they are finished expects the new rates. It appears we are in the last days of this...I still think it could go at any moment.
8-4-2022 Intel Guru Frank26 FRANK: ...It is an education for the citizens...they were not talking about the 'dinar' per say...they were not talking about when the dinar was going to be released with a new exchange rate. They were talking about how the new small category notes are needed...why would they do something like this? ...these are financial service experts representatives and they're using the Iraqi dinar as one of their financial service products. [Post 2 of 2]
8-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground new videos report] FRANK: Three videos came out...one of these videos was on a television program in Iraq that is well known to the citizens of Iraq. It is called "Dinar"...Iraqi citizens always watch it. It talks about their economy, their reforms, their GDP, all that economic stuff. Not the political stuff...it's in Arabic... FIREFLY: ...It was live on our Channel 1...It is a campaign to show the importance of small denominations and the deletion of the zeros. [Post 1 of 2....stay tuned]
8-4-2022 Guru Nader From The Mid East [Iraqi Video Translation] The video is talking about the dollar and the dinar. It's very good news not bad news. It's talking about the exchange of the dinar. They said today by midnight the dinar will start to change. I don't know what that mean exactly 'start to change.' I think they're gonna put it to float...They said Kazemi made a decision with the CBI...It's not an opinion...it's what I hear...I'm just giving you the news. Don't blame me if it doesn't happen. If it happens it good...
8-4-2022 Newshound Guru Samson [Iraq Video] APPEARED YESTERDAY LIVE ON THE WEEKLY ECONOMIC PROGRAM CALLED 'DINAR' ON THE OFFICIAL TV STATION IN IRAQ. A CAMPAIGN TO SHOW THE IMPORTANCE OF SMALL DENOMINATIONS AND THE DELETION OF THE ZEROS. [Stay Tuned as the Dinar Gurus chime in on its translation.]
8-4-2022 Intel Guru Bruce I understand that Iraq will be essentially closed off to us - to the world - between Thursday and Saturday...of this week - Iraq will go dark so to speak - Now they'll reopen again on Sunday, which is their first business day - And they will - in my opinion - continue trading the dinar starting Sunday night, internationally, especially with the Far East...So that is going to be interesting...This is where we are...
8-4-2022 Intel Guru Frank26 I know there's a real big rumor out there saying, 'Guess what's going to happen tonight? The Iraqi dinar is going to float!" Do I think it's going to float tonight? I don't know. Do I sense it? No not really...if and when it does it will be because parliament will eventually be dissolved....this rumor is just not ripe enough yet...
8-4-2022 Intel Guru MarkZ [via PDK] Rumors are all over the place as to what’s happening in Iraq. They are still moving forward with seating the government…but the rumors are they are going to let it start floating. Expect more rumors… I am hearing exceptionally confident things from the Mideast and Reno area that we are in the last days. Days not weeks…which is sooner then what I was expecting.
8-4-2022 Newshound Guru Kaperoni Iraq still has a significant amount of work to be done including formation of the new government, passing over 100 stalled economic laws and implementing all of the stalled reconstruction, and economic activities throughout Iraq to diversify its economy. Only then can the central bank take significant measures to begin to raise the value via float.
8-4-2022 Newshound Guru Samson Article: "Al-Sadr directs the protesters to stay in the green and calls for the dissolution of Parliament and the holding of early elections"
8-4-2022 Newshound Guru Breitling The riots and parliament - you couldn't imagine on how we benefit form this. It's a very good thing. Because people are anxious...and sick and tired of it. They see the price of oil per barrel and they know the elites in their country and how much they're making and it's not translating down to them...
8-4-2022 Newshound/Intel Guru Mnt Goat I have to say it is looking more and more that this stalemate is going to push for the dissolution of parliament and the changing of the constitution towards a majority government. This is a standoff between the corrupt and the survival of Iraq. Yes, a good old fashion “showdown”!...Having said that I do not think that the Coordination Framework is going to vote on such a measure as the dissolving of parliament since they have the majority in the house now and seems it would never pass, however the show is not over until the fat lady sings…lol...
8-4-2022 Newshound Guru Pimpy Al-Kazemi is that one guy that gets along with all the groups. If there's anybody out there that could prevent this civil war from happening think it's Al-Kazemi...the other one person that might be able to bring calmer heads to the table would be Amari. He has been meeting with Sadr.
8-4-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: Stabilizing contracts and appointing health professionals and higher
certificates are not linked to the budget" He is basically saying Al-Kazemi may be the only possible avenue to address the dollar exchange rate through the EFSL...this is very enlightening to hear as Al-Kazemi wants to reduce the dollar exchange rate without relying on the givers to do so. Which is why the demonstrators are taking to the streets because they realize the government are the ones in the way. Imo
8-4-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr demands the dissolution of parliament and the holding of early elections . the old faces do not exist anymore democratically” Very positive news as they move forward to form a “majority” government. Different blocs are also pushing to dissolve parliament…Al Amiri is pushing for a meeting about this within 2 days…They are making huge strides in Iraq. They have not worked together in years…decades even. Now they are sitting down together to finish it. Then Al Kazemi- as soon as they are finished expects the new rates. It appears we are in the last days of this...I still think it could go at any moment.
8-4-2022 Intel Guru Frank26 FRANK: ...It is an education for the citizens...they were not talking about the 'dinar' per say...they were not talking about when the dinar was going to be released with a new exchange rate. They were talking about how the new small category notes are needed...why would they do something like this? ...these are financial service experts representatives and they're using the Iraqi dinar as one of their financial service products. [Post 2 of 2]
8-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground new videos report] FRANK: Three videos came out...one of these videos was on a television program in Iraq that is well known to the citizens of Iraq. It is called "Dinar"...Iraqi citizens always watch it. It talks about their economy, their reforms, their GDP, all that economic stuff. Not the political stuff...it's in Arabic... FIREFLY: ...It was live on our Channel 1...It is a campaign to show the importance of small denominations and the deletion of the zeros. [Post 1 of 2....stay tuned]
8-4-2022 Guru Nader From The Mid East [Iraqi Video Translation] The video is talking about the dollar and the dinar. It's very good news not bad news. It's talking about the exchange of the dinar. They said today by midnight the dinar will start to change. I don't know what that mean exactly 'start to change.' I think they're gonna put it to float...They said Kazemi made a decision with the CBI...It's not an opinion...it's what I hear...I'm just giving you the news. Don't blame me if it doesn't happen. If it happens it good...
8-4-2022 Newshound Guru Samson [Iraq Video] APPEARED YESTERDAY LIVE ON THE WEEKLY ECONOMIC PROGRAM CALLED 'DINAR' ON THE OFFICIAL TV STATION IN IRAQ. A CAMPAIGN TO SHOW THE IMPORTANCE OF SMALL DENOMINATIONS AND THE DELETION OF THE ZEROS. [Stay Tuned as the Dinar Gurus chime in on its translation.]
8-4-2022 Intel Guru Bruce I understand that Iraq will be essentially closed off to us - to the world - between Thursday and Saturday...of this week - Iraq will go dark so to speak - Now they'll reopen again on Sunday, which is their first business day - And they will - in my opinion - continue trading the dinar starting Sunday night, internationally, especially with the Far East...So that is going to be interesting...This is where we are...
8-3-2022 Intel Guru MarkZ [via PDK] News has been overwhelming out of the Middle east today…the excitement level from those on the streets of Iraq is through the roof in anticipation... Sadr and a number of people speaking late last evening in Iraq talked about the impending change of value and the impending government changes ...Most of my contacts over there think it may be within the next week for the new rate to begin. They specifically mention “Pre-Gulf War” for the rate...about $3.20 cents... IMO this is the very absolute closest we have ever been...
8-3-2022 Newshound Guru Militiaman Question "Who has the authority to deem Al-Kazemi interim, authority?" The Constitution gives the authority for the President and or Prime Minister necessary powers to run the country under war and or emergencies. Well, the Emergency Food Security Law fits the bill not to mention they have not seated their government for about the last 10 months.
8-3-2022 Newshound Guru Walkingstick [via Frank26] Kazemi is still in control and he will soon control his own government and a new exchange rate. When you see the IMF, AMF, United Nations, World Bank, World Trade Organization, United States Treasury, BUMA...all these people meeting with the CBI and Kazemi you cannot be that ignorant! These are heavy hitters that deal with monetary reforms and economic reforms too.
8-3-2022 Newshound Guru Samson Article: "Russian newspaper: Iran loses control of Iraq" Quote "The Russian newspaper "Expert Ru" saw that Iran has lost control of Iraq in a report published today, Tuesday, on the internal conflict in Iraq and the rejection of "Iranian guardianship" over it."
8-3-2022 Newshound Guru Tivon You all are in for a powerful week. So much to look forward to regarding your investment. Keep watch of the news for the next 72 hrs for something more informative to surface into the weekend...
8-3-2022 Newshound Guru Clare ...In MY opinion, in spite of all the hype, good news about rates, banking, etc., the Gov't issue still needs settling and it looks like this is going to take more time than expected...
8-3-2022 Intel Guru Bruce [via WiserNow] Iraq has a rate that has been put out for the international trading community. It's not something we can see. It's not something that's there for our eyes yet. But it did come out and the day that it was supposed to appear in the Gazette was...this past Saturday - I don't believe it made its way into the Gazette - but the printed version, the Gazette - can go out any day - It doesn't have to be a Saturday or a Wednesday - It can just happen on any given day...I believe from what I'm being told that we could get notified...[Wednesday]...In which case we would probably start our exchanges on Thursday...stay grounded...stay in the game - and look forward to what is coming our way.
8-3-2022 Newshound Guru Kaperoni As I've stated numerous times the IMF has monetary discussions with Iraq every year called Article IV Consultations. The IMF is encouraged Iraq to create the conditions to allow them to float the currency based on the economic success. That is the only logical solution.
8-3-2022 Newshound Guru Pimpy Interesting developments taking place that could put Iraq in a very very unique situation that they can benefit from...the European Union and United Nations...what they don't want is for an uprising to take place, civil war to break out, and somebody grab control of the oil or somebody halt oil production all together. That's going to put them in a real serious pickle...
8-3-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Bank friend doesn't know [the new rate] but his opinion is we won't see a recent rate when the change comes... FRANK: A "recent rate" - 1200...we won't see those rates. FIREFLY: Because when the change does come there is way too much being counted on this new rate and much is needed to be done to go back to the 'recent rate' of 1200...these are exciting times and they are almost upon us...
8-3-2022 Intel Guru MarkZ [via PDK] Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" [Reference Mnt Goat post 8-3-2022 below] This is huge news coming out of Iraq. They want to move to a system similar to ours where a majority can move forward without a complete concensus. How often can you get everyone to agree on everything…not gonna happen. They need to run with a majority. I am still hearing a resolution could be moments away, if not days away…We had hoped for a resolution last Saturday and then Monday…it’s fluid as we watch it play out. I do not think they are kicking the can…its just a process that is playing out.
8-3-2022 Newshound Guru Tivon The 15th is the deadline for banks. Which will be the new digital platform for shares, stocks, bonds, trades, and of course daily banking practices. If Al-Kazemi is declared the authority today the CBI can release the rate tomorrow.
8-3-2022 Newshound Guru Samson Article: "Iraqi political parties call for the dissolution of parliament and the formation of a new government"
8-3-2022 Newshound Guru Sandy Ingram The IQD rate is pretty much the same. The white papers are still guiding the economy in Iraq and for whatever reasons getting a new prime minister appears to be the last thing on the minds of Iraqi citizens. Every time they get close to a regime change something happens so they and we will be moving forward with the existing prime minister...
8-3-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr’s minister directs the sit-in in front of parliament, not inside it. Maintain your presence until our demands are achieved” it is coming to a head in a positive way. In Iraq the protests are forcing a resolution to the government...
8-3-2022 Newshound/Intel Guru Mnt Goat Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" This is one of those WOW! moments in history of Iraq...I have been saying this now since the election began that they needed to get out of this parliamentary system as the corrupt use it to their own purposed to circumvent democracy...Sadr wants a majority government but what has changed now in the tone on Iraq is that they are now FINALLY calling for the necessary constitutional changes to make this happen. WOW! Finally!... It is all very good for Iraq!!!
8-3-2022 Newshound Guru Militiaman Question "Who has the authority to deem Al-Kazemi interim, authority?" The Constitution gives the authority for the President and or Prime Minister necessary powers to run the country under war and or emergencies. Well, the Emergency Food Security Law fits the bill not to mention they have not seated their government for about the last 10 months.
8-3-2022 Newshound Guru Walkingstick [via Frank26] Kazemi is still in control and he will soon control his own government and a new exchange rate. When you see the IMF, AMF, United Nations, World Bank, World Trade Organization, United States Treasury, BUMA...all these people meeting with the CBI and Kazemi you cannot be that ignorant! These are heavy hitters that deal with monetary reforms and economic reforms too.
8-3-2022 Newshound Guru Samson Article: "Russian newspaper: Iran loses control of Iraq" Quote "The Russian newspaper "Expert Ru" saw that Iran has lost control of Iraq in a report published today, Tuesday, on the internal conflict in Iraq and the rejection of "Iranian guardianship" over it."
8-3-2022 Newshound Guru Tivon You all are in for a powerful week. So much to look forward to regarding your investment. Keep watch of the news for the next 72 hrs for something more informative to surface into the weekend...
8-3-2022 Newshound Guru Clare ...In MY opinion, in spite of all the hype, good news about rates, banking, etc., the Gov't issue still needs settling and it looks like this is going to take more time than expected...
8-3-2022 Intel Guru Bruce [via WiserNow] Iraq has a rate that has been put out for the international trading community. It's not something we can see. It's not something that's there for our eyes yet. But it did come out and the day that it was supposed to appear in the Gazette was...this past Saturday - I don't believe it made its way into the Gazette - but the printed version, the Gazette - can go out any day - It doesn't have to be a Saturday or a Wednesday - It can just happen on any given day...I believe from what I'm being told that we could get notified...[Wednesday]...In which case we would probably start our exchanges on Thursday...stay grounded...stay in the game - and look forward to what is coming our way.
8-3-2022 Newshound Guru Kaperoni As I've stated numerous times the IMF has monetary discussions with Iraq every year called Article IV Consultations. The IMF is encouraged Iraq to create the conditions to allow them to float the currency based on the economic success. That is the only logical solution.
8-3-2022 Newshound Guru Pimpy Interesting developments taking place that could put Iraq in a very very unique situation that they can benefit from...the European Union and United Nations...what they don't want is for an uprising to take place, civil war to break out, and somebody grab control of the oil or somebody halt oil production all together. That's going to put them in a real serious pickle...
8-3-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Bank friend doesn't know [the new rate] but his opinion is we won't see a recent rate when the change comes... FRANK: A "recent rate" - 1200...we won't see those rates. FIREFLY: Because when the change does come there is way too much being counted on this new rate and much is needed to be done to go back to the 'recent rate' of 1200...these are exciting times and they are almost upon us...
8-3-2022 Intel Guru MarkZ [via PDK] Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" [Reference Mnt Goat post 8-3-2022 below] This is huge news coming out of Iraq. They want to move to a system similar to ours where a majority can move forward without a complete concensus. How often can you get everyone to agree on everything…not gonna happen. They need to run with a majority. I am still hearing a resolution could be moments away, if not days away…We had hoped for a resolution last Saturday and then Monday…it’s fluid as we watch it play out. I do not think they are kicking the can…its just a process that is playing out.
8-3-2022 Newshound Guru Tivon The 15th is the deadline for banks. Which will be the new digital platform for shares, stocks, bonds, trades, and of course daily banking practices. If Al-Kazemi is declared the authority today the CBI can release the rate tomorrow.
8-3-2022 Newshound Guru Samson Article: "Iraqi political parties call for the dissolution of parliament and the formation of a new government"
8-3-2022 Newshound Guru Sandy Ingram The IQD rate is pretty much the same. The white papers are still guiding the economy in Iraq and for whatever reasons getting a new prime minister appears to be the last thing on the minds of Iraqi citizens. Every time they get close to a regime change something happens so they and we will be moving forward with the existing prime minister...
8-3-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr’s minister directs the sit-in in front of parliament, not inside it. Maintain your presence until our demands are achieved” it is coming to a head in a positive way. In Iraq the protests are forcing a resolution to the government...
8-3-2022 Newshound/Intel Guru Mnt Goat Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" This is one of those WOW! moments in history of Iraq...I have been saying this now since the election began that they needed to get out of this parliamentary system as the corrupt use it to their own purposed to circumvent democracy...Sadr wants a majority government but what has changed now in the tone on Iraq is that they are now FINALLY calling for the necessary constitutional changes to make this happen. WOW! Finally!... It is all very good for Iraq!!!
8-2-2022 Newshound Guru Tivon Dissolution puts in place constitutional legislation that the EFSL is based on. Which gives Al-Kazemi full powers to enact laws put on the back burner...the Oil & Gas Law can be passed with a transitional government. We don't care about the IMF/UN...They can not dictate what goes on in the country...
8-2-2022 Newshound Guru Kaperoni ...Guru Mtn Goat keeps talking about the delete the 3 zeros project. We don't want that to happen, that's a currency exchange LOP.
8-2-2022 Intel Guru MarkZ [via PDK] I am getting some good chatter from a contact...They believe something is coming to a resolution in the next 48-72 hours…maybe sooner. They are looking for some key events on Wed or Thurs...
8-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Talked to many bank friends and all of them are saying the rate has been changed on their side so to speak just not known to the public until a government has formed. FRANK: What he means is a second set of books that they can't see. FIREFLY: We don't know if it's going to go back to 1200 or to a rate 1 to 1 internationally but we will know after the government is seated. Sadr says we have made our point.
8-2-2022 Newshound Guru Tivon [Response to Guest Guru Humble1 below] ...It needs to be clear who is officially running the country. Dissolution will make that very apparent...We as investors do not want a the new government...We want an interim which can give us a rate before they sit the new government after the transition period is over...
8-2-2022 Newshound Guru Pimpy For people asking how this [Iraqis protesting] is going to affect our investment it's obvious. If they can't get things settled down. If they can't even form a government and they can't open new avenues of revenue away from oil they're putting themselves in a really bad position and you're not going to see any rate change happen anytime soon until this gets cleared up...
8-2-2022 Intel Guru MarkZ [via PDK] ...on the Iraqi front it’s pretty quiet. They are still working on getting the government sat….it is not done yet. Still getting daily drops from the CBI and Kazemi about rate changes. We know we are extremely close...Do we know its imminent? Yes...Could we be in a 48 hour window? Yes we could. But I am hesitant to pick an exact time...it’s right here and playing out.
8-2-2022 Guest Guru Humble1 Article quote: "Total" company postponed the implementation of its projects until the formation of the new government." ...This is black and white, no ambiguity...obviously something has to change...will that be the past government led by K, or a new CF government, that remains yet to be seen...a seated government represents security and stability what Dr Shabibi said was needed years ago, so to assume things with a rate change can move forward without security and stability is a mistake imo...apparently the CBI is waiting on something, as the EFSL has been in effect now for over a month, with no
change...
8-2-2022 Newshound Guru Walkingstick [via Frank26] Their voices are being heard and their sending their children in to support their prime minister, government and their banks. Somebody caught on. That's the last thing evil needed in Iraq for Iraq to unify itself the way it's doing right now. It's historical. All the citizens of Iraq are fighting for a better life. Will Maliki bring in his militia into the streets and fight against the citizens of Iraq? No...Sadr can call on such a powerful force and Maliki cannot.
8-2-2022 Newshound Guru Samson Article: "In numbers... the central bank's reserves of the dollar and gold revealed" Quote: "the Central Bank owns multiple types of reserves, amounting to more than 160 trillion dinars, including an investment reserve of 60 trillion dinars invested in foreign banks in return for returns and interests...there are reserves of gold estimated at 140 tons, with a value of approximately two trillion dinars,..Central Bank's reserves were less than 50 billion dollars, and now it reached 76 billion dollars, and it will reach 90 billion dollars by the end of this year."
8-2-2022 Intel Guru MarkZ [via PDK] Article: “The Sadrist movement demands Al-Amiri withdraw from the framework: prevent treachery, there is no dialog with those that threaten to kill” It may seem uncertain over there but things are moving in a positive way. This is like disclosure over there…its a good thing. Seeing this happening means things are finally moving forward. This is whats occurring in Iraq right now. They are airing their dirty laundry so people can make informed decisions….and the government can move forward. This is great news…
8-2-2022 Newshound Guru Kaperoni ...Guru Mtn Goat keeps talking about the delete the 3 zeros project. We don't want that to happen, that's a currency exchange LOP.
8-2-2022 Intel Guru MarkZ [via PDK] I am getting some good chatter from a contact...They believe something is coming to a resolution in the next 48-72 hours…maybe sooner. They are looking for some key events on Wed or Thurs...
8-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Talked to many bank friends and all of them are saying the rate has been changed on their side so to speak just not known to the public until a government has formed. FRANK: What he means is a second set of books that they can't see. FIREFLY: We don't know if it's going to go back to 1200 or to a rate 1 to 1 internationally but we will know after the government is seated. Sadr says we have made our point.
8-2-2022 Newshound Guru Tivon [Response to Guest Guru Humble1 below] ...It needs to be clear who is officially running the country. Dissolution will make that very apparent...We as investors do not want a the new government...We want an interim which can give us a rate before they sit the new government after the transition period is over...
8-2-2022 Newshound Guru Pimpy For people asking how this [Iraqis protesting] is going to affect our investment it's obvious. If they can't get things settled down. If they can't even form a government and they can't open new avenues of revenue away from oil they're putting themselves in a really bad position and you're not going to see any rate change happen anytime soon until this gets cleared up...
8-2-2022 Intel Guru MarkZ [via PDK] ...on the Iraqi front it’s pretty quiet. They are still working on getting the government sat….it is not done yet. Still getting daily drops from the CBI and Kazemi about rate changes. We know we are extremely close...Do we know its imminent? Yes...Could we be in a 48 hour window? Yes we could. But I am hesitant to pick an exact time...it’s right here and playing out.
8-2-2022 Guest Guru Humble1 Article quote: "Total" company postponed the implementation of its projects until the formation of the new government." ...This is black and white, no ambiguity...obviously something has to change...will that be the past government led by K, or a new CF government, that remains yet to be seen...a seated government represents security and stability what Dr Shabibi said was needed years ago, so to assume things with a rate change can move forward without security and stability is a mistake imo...apparently the CBI is waiting on something, as the EFSL has been in effect now for over a month, with no
change...
8-2-2022 Newshound Guru Walkingstick [via Frank26] Their voices are being heard and their sending their children in to support their prime minister, government and their banks. Somebody caught on. That's the last thing evil needed in Iraq for Iraq to unify itself the way it's doing right now. It's historical. All the citizens of Iraq are fighting for a better life. Will Maliki bring in his militia into the streets and fight against the citizens of Iraq? No...Sadr can call on such a powerful force and Maliki cannot.
8-2-2022 Newshound Guru Samson Article: "In numbers... the central bank's reserves of the dollar and gold revealed" Quote: "the Central Bank owns multiple types of reserves, amounting to more than 160 trillion dinars, including an investment reserve of 60 trillion dinars invested in foreign banks in return for returns and interests...there are reserves of gold estimated at 140 tons, with a value of approximately two trillion dinars,..Central Bank's reserves were less than 50 billion dollars, and now it reached 76 billion dollars, and it will reach 90 billion dollars by the end of this year."
8-2-2022 Intel Guru MarkZ [via PDK] Article: “The Sadrist movement demands Al-Amiri withdraw from the framework: prevent treachery, there is no dialog with those that threaten to kill” It may seem uncertain over there but things are moving in a positive way. This is like disclosure over there…its a good thing. Seeing this happening means things are finally moving forward. This is whats occurring in Iraq right now. They are airing their dirty laundry so people can make informed decisions….and the government can move forward. This is great news…
8-1-2022 Newshound Guru Walkingstick [via Frank26] How many dinars are there right now outside of their [Iraq] country? Internationally? They don't know. Therefore a slow controlled release, a float, will help control the amount in circulation. Why? To help avoid currency inflation. To avoid stealing. To avoid counterfeiting. To avoid smuggling at the boarders from Iranian politicians that have exchange companies. To avoid Iranian influence.
8-1-2022 Intel Guru MarkZ [via PDK] The protests rising up in Iraq …they are forcing and pushing for seating of the government. There is great support for Al Sadr…even from Shiite factions which is surprising. I am told they could act quickly (Which happens often in Iraqi politics)... They appear “stuck” then something happens like this…and then you suddenly see months of progress happen in 2 hours…I think we are quickly approaching the finish line….
8-1-2022 Newshound Guru Tivon ...where we are now the dates should only imply the obvious as to what we can expect before or after the 15th. Every bank in Iraq doesn't have to be on board by the 15th in order to see a rate change...Everyday is an opportunity. I'm excited for where we are. And it appears the CBI is expecting Al-Kazemi to have something in place before they pull the trigger. IMO
8-1-2022 Newshound Guru Breitling For any country to say that they are going to go digital, it's just a portion of it. It's a part of their money supply. It makes it more efficient. That's it. No body is getting out of paper currency. No body can afford to do that and no body wants to do that. It would completely disrupt business...there's no articles out there that represent that style of economy coming down the road [For Iraq and the dinar].
8-1-2022 Guru Nader From The Mid East You saw the demonstrations ... people dance in the street and happy. Not "happy" - they just wanna be patriot. They want to defend the country. They're tired of living under poverty when the country is really rich...They just don't know what going on. I don't know who's taking the money. I don't know who's cashing the money. It's crazy. All these assets, gas, oil...it's not right. Something is not right.
8-1-2022 Newshound Guru Pimpy The possibility of a civil war breaking out...I said there's a possibility and as this continues to move forward it's starting to look more and more like a possible civil war. You really don't want that. You know my prayers go out to the the Iraqi people who all they want is to live a normal life, their way without government being the issue all the dang time.
8-1-2022 Intel Guru MarkZ [via PDK] ...Kazemi has been all over the news this weekend in articles, tv news clips saying they are ready to restore the dinar rate to its former glory. Not what it was in 2020…but when it was the most valuable currency in the middle east. We don’t know exactly when…but we know its inevitable.
8-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: bank guy...says once they have a seated government very soon after that you will see a change in the rate. What it is we don't know, but look for it. FRANK: IMO your bank friend is 100% correct.
8-1-2022 Newshound Guru Sandy Ingram This is getting worse. People...are saying this could explode and could tear Iraq apart. All we know for sure is protests are a very bad thing in Iraq. Now the Al-Sadr group has taken over the parliament building citing no intention of leaving. Article: "Pro-Sadr Protesters Vow To Remain Inside Iraq Parliament" ...the demonstrators announced a sit-in until further notice.
8-1-2022 Newshound/Intel Guru Mnt Goat Article: "A NEW PARLIAMENTARY MOVEMENT TO RESTORE THE PRICE OF THE DOLLAR TO ITS PREVIOUS ERA" I do not believe for a second the CBI is going to restore the exchange rate back to 2020 rate but rather this kind of pressure will quicken the pace to reinstate the dinar and complete the project to delete the zeros. It is all good!
8-1-2022 Intel Guru MarkZ [via PDK] The protests rising up in Iraq …they are forcing and pushing for seating of the government. There is great support for Al Sadr…even from Shiite factions which is surprising. I am told they could act quickly (Which happens often in Iraqi politics)... They appear “stuck” then something happens like this…and then you suddenly see months of progress happen in 2 hours…I think we are quickly approaching the finish line….
8-1-2022 Newshound Guru Tivon ...where we are now the dates should only imply the obvious as to what we can expect before or after the 15th. Every bank in Iraq doesn't have to be on board by the 15th in order to see a rate change...Everyday is an opportunity. I'm excited for where we are. And it appears the CBI is expecting Al-Kazemi to have something in place before they pull the trigger. IMO
8-1-2022 Newshound Guru Breitling For any country to say that they are going to go digital, it's just a portion of it. It's a part of their money supply. It makes it more efficient. That's it. No body is getting out of paper currency. No body can afford to do that and no body wants to do that. It would completely disrupt business...there's no articles out there that represent that style of economy coming down the road [For Iraq and the dinar].
8-1-2022 Guru Nader From The Mid East You saw the demonstrations ... people dance in the street and happy. Not "happy" - they just wanna be patriot. They want to defend the country. They're tired of living under poverty when the country is really rich...They just don't know what going on. I don't know who's taking the money. I don't know who's cashing the money. It's crazy. All these assets, gas, oil...it's not right. Something is not right.
8-1-2022 Newshound Guru Pimpy The possibility of a civil war breaking out...I said there's a possibility and as this continues to move forward it's starting to look more and more like a possible civil war. You really don't want that. You know my prayers go out to the the Iraqi people who all they want is to live a normal life, their way without government being the issue all the dang time.
8-1-2022 Intel Guru MarkZ [via PDK] ...Kazemi has been all over the news this weekend in articles, tv news clips saying they are ready to restore the dinar rate to its former glory. Not what it was in 2020…but when it was the most valuable currency in the middle east. We don’t know exactly when…but we know its inevitable.
8-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: bank guy...says once they have a seated government very soon after that you will see a change in the rate. What it is we don't know, but look for it. FRANK: IMO your bank friend is 100% correct.
8-1-2022 Newshound Guru Sandy Ingram This is getting worse. People...are saying this could explode and could tear Iraq apart. All we know for sure is protests are a very bad thing in Iraq. Now the Al-Sadr group has taken over the parliament building citing no intention of leaving. Article: "Pro-Sadr Protesters Vow To Remain Inside Iraq Parliament" ...the demonstrators announced a sit-in until further notice.
8-1-2022 Newshound/Intel Guru Mnt Goat Article: "A NEW PARLIAMENTARY MOVEMENT TO RESTORE THE PRICE OF THE DOLLAR TO ITS PREVIOUS ERA" I do not believe for a second the CBI is going to restore the exchange rate back to 2020 rate but rather this kind of pressure will quicken the pace to reinstate the dinar and complete the project to delete the zeros. It is all good!
7-31-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI talking about new platforms and new technology to
connect internationally...The CBI governor [met] in France meeting with the CB governor there...this will be part of the enhancement of the CBI's new technology going forth internationally around the world. FRANK: Yes...France is launching the Iraqi dinar towards the European theater...not at a program rate. This is very significant.
7-31-2022 Newshound Guru Walkingstick [via Frank26] An international float of the Iraqi dinar will not be less than on par with the USD. Why do I say that? Because I think the 1200 is a bunch of bologna. It came from bologna...the IQD will never commence at a program rate of 1200...it can't happen.
7-31-2022 Newshound Guru Samson Article: "The New York Times: Oil prices may rise to $200 a barrel" Quote: "new sanctions that the European Union and Britain have agreed to impose on Russia by the end of the year are likely to push up oil prices"
7-31-2022 Newshound Guru Jeff At the end of the day Iraq cannot go international if the rate remains below zero...it is a reinstatement. That means put it back to where it was in the $3+ range. Iraq has to put their rate back that's comparable to the region. None of the other middle eastern countries have a rate below zero. Some of the lowest rates in the Middle East are maybe down around where Saudi Arabia is - around a quarter. That's the low side.
7-31-2022 Newshound Guru Tivon ...Purchasing Power for the citizens will come regardless of a new government or budget. Why do you think they have already completed the new salary scale? Because the EFSL covers what? All Contracts & Procedures. Not the GOI. Not the budget. At least for this year.
7-31-2022 Newshound Guru Militiaman Article: "Iraq signs a memorandum of understanding with the United Nations on the digital
transformation project" ...The CBI has hooked up to at least 3 key links to entities within the GOI for communication...It looks like we are in the READY, SET, GO... mode! ...I imagine that the go part would be simultaneously with the FX. We surely can see the writing on the wall now.. imo
7-31-2022 Intel Guru Frank26 Kazemi has been using the new exchange rate IMO all year from the CBI...Kazemi had to tell [the citizens] that there is a new exchange rate... [to] stop the protests...
7-31-2022 Guru Nader From The Mid East I hope it [demonstrations/ protests] stops this week. I hope they come up with a solution...Maliki has a big crowd...who support him so can create a big civil war and that's not good. I hope it doesn't happen. I don't think it's gonna go there. 70% will not happen. The other 30% of chance can happen.
7-31-2022 Newshound Guru Pimpy It appears the crowd might be getting a little bit bigger over there in Iraq as far as the protesters are concerned...you've got a little Battle Royale going on between Sadr and Maliki...people ask me about our investment? What do you think it means? Nothing is going to happen while this is going on. You have to have stability in the country. You have to have stability in the government...this is not a good situation...as long as this continues to go on nothing is going to happen to the Iraqi dinar...
7-31-2022 Intel Guru MarkZ [via PDK] They know how much money is in circulation….We are already figured into the equation for when the currency changes…they have figured in a reasonable rate for currency printed when they change the value…I have had way too many people involved in this that tell me the rates are set…rates are pre-negotiated…everything is all worked out to give you the maximum rates…I believe it...
connect internationally...The CBI governor [met] in France meeting with the CB governor there...this will be part of the enhancement of the CBI's new technology going forth internationally around the world. FRANK: Yes...France is launching the Iraqi dinar towards the European theater...not at a program rate. This is very significant.
7-31-2022 Newshound Guru Walkingstick [via Frank26] An international float of the Iraqi dinar will not be less than on par with the USD. Why do I say that? Because I think the 1200 is a bunch of bologna. It came from bologna...the IQD will never commence at a program rate of 1200...it can't happen.
7-31-2022 Newshound Guru Samson Article: "The New York Times: Oil prices may rise to $200 a barrel" Quote: "new sanctions that the European Union and Britain have agreed to impose on Russia by the end of the year are likely to push up oil prices"
7-31-2022 Newshound Guru Jeff At the end of the day Iraq cannot go international if the rate remains below zero...it is a reinstatement. That means put it back to where it was in the $3+ range. Iraq has to put their rate back that's comparable to the region. None of the other middle eastern countries have a rate below zero. Some of the lowest rates in the Middle East are maybe down around where Saudi Arabia is - around a quarter. That's the low side.
7-31-2022 Newshound Guru Tivon ...Purchasing Power for the citizens will come regardless of a new government or budget. Why do you think they have already completed the new salary scale? Because the EFSL covers what? All Contracts & Procedures. Not the GOI. Not the budget. At least for this year.
7-31-2022 Newshound Guru Militiaman Article: "Iraq signs a memorandum of understanding with the United Nations on the digital
transformation project" ...The CBI has hooked up to at least 3 key links to entities within the GOI for communication...It looks like we are in the READY, SET, GO... mode! ...I imagine that the go part would be simultaneously with the FX. We surely can see the writing on the wall now.. imo
7-31-2022 Intel Guru Frank26 Kazemi has been using the new exchange rate IMO all year from the CBI...Kazemi had to tell [the citizens] that there is a new exchange rate... [to] stop the protests...
7-31-2022 Guru Nader From The Mid East I hope it [demonstrations/ protests] stops this week. I hope they come up with a solution...Maliki has a big crowd...who support him so can create a big civil war and that's not good. I hope it doesn't happen. I don't think it's gonna go there. 70% will not happen. The other 30% of chance can happen.
7-31-2022 Newshound Guru Pimpy It appears the crowd might be getting a little bit bigger over there in Iraq as far as the protesters are concerned...you've got a little Battle Royale going on between Sadr and Maliki...people ask me about our investment? What do you think it means? Nothing is going to happen while this is going on. You have to have stability in the country. You have to have stability in the government...this is not a good situation...as long as this continues to go on nothing is going to happen to the Iraqi dinar...
7-31-2022 Intel Guru MarkZ [via PDK] They know how much money is in circulation….We are already figured into the equation for when the currency changes…they have figured in a reasonable rate for currency printed when they change the value…I have had way too many people involved in this that tell me the rates are set…rates are pre-negotiated…everything is all worked out to give you the maximum rates…I believe it...
7-30-2022 Newshound Guru Samson Article "The United Nations Mission in Iraq calls for calm: the escalation is very worrying"
7-30-2022 Newshound Guru Jeff We're down to a small little window of time for them to revalue the currency. They could do it anytime within the next few weeks...We're very close right now to the rate change...it does not appear to be that far away. Remember this investment is very hard to gauge and pin down because...what we're looking for if for them to form the government...
7-30-2022 Intel Guru Frank26 Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-30-2022 Newshound Guru Tivon Article: "Customs announces the start of the electronic customs declaration" Yesssssssssssss...They are ready for the big leagues. Now they are 100% confident in their new electronic fingerprint. The CBI has already given their deadline. SWIFT gave their deadline. Total, their deadline. This is pretty much a done deal...
7-30-2022 Intel Guru Walkingstick [via Frank26] The protests that happened in the green zone that's what was needed to happen...
7-30-2022 Intel Guru Frank26 We have been waiting and waiting for the announcement of a new government. We see the articles from Kazemi telling us a new government is coming. We even saw where Kazemi said there are three things that we're going to deal with the moment we sit our government and the #1 thing is the exchange rate of our currency...
7-30-2022 Intel Guru MarkZ [via PDK] Out of Iraq we see more “peaceful” protests as they let their voices be heard over the seating of the new government and what they will accept. There had been a backlash a few days ago when the folks were storming the Parliament…I am being told that vote is now scheduled for Monday. I am being told by contacts in the Kurdish region that things look extremely positive...Kazemi is continuing to talk about rate…rates continue to be a conversation in the news. We do not know what the rate is yet…we just know they have it ready when they pull the trigger...We have been told many times by the CBI that they do not need the government to pull the trigger.
7-30-2022 Newshound Guru Kaperoni Article "Protesters in Baghdad took down concrete barricades and moving towards the Green Zone, chanting against the foreign influence on Iraqi politics and calling for dissolution of the parliament."
7-30-2022 Newshound Guru MilitiaMan Article: "Iraq calls for the launch of a common market and a unified agricultural calendar among Arab countries" In other words we are going to bring purchase power with a concerted effort into the region. All will be on the same page with regional trade exchanges. They are using terms like added value and easing costs.. All timed into a calendar. All interlinking at the same time.. imo.. A shoulder to shoulder on the matter...
7-30-2022 Newshound Guru Samson Article: "In Basra.. Demonstrators storm the office of the Iraqi parliament"
7-30-2022 Newshound/Intel Guru Mnt Goat We have seen so many reforms already take place, especially in the banking sector. Iraq is ready to join the WTO and is moving into the final stage. So, we wait for the coordinating framework or the largest parliamentary bloc to submit a request to the parliament presidency to hold a session to pass the President of the Republic...
7-30-2022 Intel Guru Bruce [via WiserNow] ...we have heard from Iraq that certain Airlines flight like Iraqi Air is not allowed to fly internationally, because they don't want the information to leak out until after this is a real thing for Iraq on Saturday. Well guess what? The flights will resume to some of the international markets that they're not serving currently at starting as early as noon - Iraq time on Saturday.
7-30-2022 Newshound Guru Jeff We're down to a small little window of time for them to revalue the currency. They could do it anytime within the next few weeks...We're very close right now to the rate change...it does not appear to be that far away. Remember this investment is very hard to gauge and pin down because...what we're looking for if for them to form the government...
7-30-2022 Intel Guru Frank26 Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-30-2022 Newshound Guru Tivon Article: "Customs announces the start of the electronic customs declaration" Yesssssssssssss...They are ready for the big leagues. Now they are 100% confident in their new electronic fingerprint. The CBI has already given their deadline. SWIFT gave their deadline. Total, their deadline. This is pretty much a done deal...
7-30-2022 Intel Guru Walkingstick [via Frank26] The protests that happened in the green zone that's what was needed to happen...
7-30-2022 Intel Guru Frank26 We have been waiting and waiting for the announcement of a new government. We see the articles from Kazemi telling us a new government is coming. We even saw where Kazemi said there are three things that we're going to deal with the moment we sit our government and the #1 thing is the exchange rate of our currency...
7-30-2022 Intel Guru MarkZ [via PDK] Out of Iraq we see more “peaceful” protests as they let their voices be heard over the seating of the new government and what they will accept. There had been a backlash a few days ago when the folks were storming the Parliament…I am being told that vote is now scheduled for Monday. I am being told by contacts in the Kurdish region that things look extremely positive...Kazemi is continuing to talk about rate…rates continue to be a conversation in the news. We do not know what the rate is yet…we just know they have it ready when they pull the trigger...We have been told many times by the CBI that they do not need the government to pull the trigger.
7-30-2022 Newshound Guru Kaperoni Article "Protesters in Baghdad took down concrete barricades and moving towards the Green Zone, chanting against the foreign influence on Iraqi politics and calling for dissolution of the parliament."
7-30-2022 Newshound Guru MilitiaMan Article: "Iraq calls for the launch of a common market and a unified agricultural calendar among Arab countries" In other words we are going to bring purchase power with a concerted effort into the region. All will be on the same page with regional trade exchanges. They are using terms like added value and easing costs.. All timed into a calendar. All interlinking at the same time.. imo.. A shoulder to shoulder on the matter...
7-30-2022 Newshound Guru Samson Article: "In Basra.. Demonstrators storm the office of the Iraqi parliament"
7-30-2022 Newshound/Intel Guru Mnt Goat We have seen so many reforms already take place, especially in the banking sector. Iraq is ready to join the WTO and is moving into the final stage. So, we wait for the coordinating framework or the largest parliamentary bloc to submit a request to the parliament presidency to hold a session to pass the President of the Republic...
7-30-2022 Intel Guru Bruce [via WiserNow] ...we have heard from Iraq that certain Airlines flight like Iraqi Air is not allowed to fly internationally, because they don't want the information to leak out until after this is a real thing for Iraq on Saturday. Well guess what? The flights will resume to some of the international markets that they're not serving currently at starting as early as noon - Iraq time on Saturday.
7-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: This is the second day in a row that the Framework is talking about a change in the exchange rate. They are telling us that a change in the exchange rate is needed...these are the same that told us that we will never have a new exchange rate and then in the last two months they've been telling us no it's only going to go back to the old rate... FRANK: Notice how those that were against the monetary reform are now cheering for it because they know Maliki has no power so they lean in the direction of Kazemi.
7-29-2022 Newshound Guru Clare Article: "A New Parliamentary Movement To Change The Dollar Exchange Rate" Quote: "most of the forces affiliated with the coordination framework are striving, and through the next government, to return the dollar exchange rate to its previous rate."
7-29-2022 Intel Guru MarkZ [via PDK] Right now we are hearing a lot of back and forth out of Iraq on when to expect them to seat the government. What we are hearing is it probably will be Monday. This is the plan I am being told from contacts in the Kurdish region. They are coming to an agreement guys and it is close. We are hearing a lot of back and forth from Iraq as to what to expect rate wise. I am hearing 1 to 1. I am hearing $1.60…these are 2 possible NEER rates (Nominal effective exchange rates)...We are also hearing possible re-instatement of the rate at $3.28 …also revaluation rates at around the $4 mark…its all over the place...You all should be excited watching the conclusion.
7-29-2022 Newshound Guru Walkingstick [via Frank26] The exchange rate is the topic everywhere...in the streets of Iraq. It's everywhere in Iraq...the CBI is meeting with the AMF and showing them proof of sales and specimens. This is all fantastic. The timing couldn't be any better.
7-29-2022 Newshound Guru Breitling Iraq going digital...that means they're going to go international. But it also means that they are going to start getting out from under the U.S. dollar with means they're adding value to their currency. I promise you they are not going to be trading on the Swift system with the Iraqi dinar at a 10th of a penny. That information goes hand in hand with a time-frame/window on when they're going to start adding value to their currency. That's why it's such good news.
7-29-2022 Intel Guru Bruce [via WiserNow] Iraq has been told...when they were asked, Can we put out our new rate on Saturday? The answer was yes. We do finally expect a printed version of the Gazette on Saturday to go out with Hashemi [spelling?] as prime minister and the government - Parliament is seated and we expect it to also mention the new Iraqi dinar international rates. We know the rate internationally is the same as the in country rate for Iraq. We know how much it is already...and we know it will be traded up to that number that Dr Shabibi projected back in...2012...it should exceed it by up to a couple of dollars...I really think we are extremely close...I think there's a good chance we could get notified Saturday morning... we'll see what happens this weekend.
7-29-2022 Newshound Guru MilitiaMan I have this strong feeling at this stage of the game it's not necessarily goodbye because I'm not going anywhere but I feel like it's almost a goodbye because the nature of what we're and how things will roll out. I see this thing coming to short-term crescendo and I have to say I'm very happy to have been able to be here to watch it unfold...
7-29-2022 Newshound Guru Kaperoni ...It is highly unlikely any bank will add the dinar to their exchange program. Iraq is volatile and banks are conservative by nature. There will never be an overnight RV of the dinar so there will be no need to ever go to a bank to "cash out." IMO if the dinar floats it will be gradually over time which means more than likely your dinar investment would have to be deposited into a managed broker. Whether that ends up being some type of brokerage firm, market maker or ECM who knows. We just won't know until Iraq decides.
7-29-2022 Intel Guru MarkZ [via PDK] ...They announced the new rate was coming…but hasn’t occurred yet. In the markets and in the streets they are already starting to demand more money for it…very interesting news coming off the streets over there right now.
7-29-2022 Newshound Guru Petra Kazemi putting icing on the cake saying we change the rate - game over. It's a matter now of timing. But here's the thing that's really important and that is the fact that if he's told the people they can't sit on this. They're can't let it go too long because the people now have expectations...I think we're in a short window here. I think the next several days are going to tell the tale.
7-29-2022 Newshound Guru Jeff They need a new public rate to approve the budget. Once the budget is approved...then they can implement the reforms...They want August and September to be able to approve the budget so they can implement the reforms in their seventh month of October...this is nothing more than a mid-year supplementary budget and a mid-year rate change. [Post 2 of 2]
7-29-2022 Newshound Guru Jeff The formation of the government and the rate change, those two steps are married together. They're gonna RV immediately after they form the government...They're going to implement the reforms roughly 2 to 3 months after they form the government. Why is there a delay between the oil and gas law reforms and the formation of the government? It's because they need 2 to 3 months to fully approve the budget because the budget approval period is waiting on the rate to become public. [Post 1 of 2....stay tuned]
7-29-2022 Newshound Guru Tivon You are in the thick of it now. The information between now and August 7th will be flaming hot. Scorching. What Al-Kazemi did [Announce a new rate is coming] can't be put back in the bag. This boulder is coming down the hill fast.
7-29-2022 Intel Guru Frank26 turns out the Iraqi Citizens...said enough is enough and they stormed the government of Iraq in parliament and told them all where to go... Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-29-2022 Guru Nader From The Mid East About the dinar, when I told you it changed, yes it did changed. It changed on their part, on the offices, on the banks. They didn't stop work with it. Once they Sit the government - one or two weeks later things will change. The price? I don' know. It can be 1200. It can be 1150. It can be 1 to 1. It can be $0.60 to 1. Nobody knows what's the rate.
7-29-2022 Intel Guru MarkZ [via PDK] The big news is from Kazemi. And his announcement that the new rate is coming. He assured the people they heard their voices and a new rate is coming. Kazemi was very specific that we would not see a recent rate…that it would be an older rate…and they would go back to being a premier currency in their area. I am still being told they are in a mad scramble to finish seating the government over the weekend. They will be working over the weekend to get one sat. I am feeling pretty confident this time that we will see some massive movement over the next few days. That Kazemi announcement is huge...
7-29-2022 Newshound Guru Clare Article: "A New Parliamentary Movement To Change The Dollar Exchange Rate" Quote: "most of the forces affiliated with the coordination framework are striving, and through the next government, to return the dollar exchange rate to its previous rate."
7-29-2022 Intel Guru MarkZ [via PDK] Right now we are hearing a lot of back and forth out of Iraq on when to expect them to seat the government. What we are hearing is it probably will be Monday. This is the plan I am being told from contacts in the Kurdish region. They are coming to an agreement guys and it is close. We are hearing a lot of back and forth from Iraq as to what to expect rate wise. I am hearing 1 to 1. I am hearing $1.60…these are 2 possible NEER rates (Nominal effective exchange rates)...We are also hearing possible re-instatement of the rate at $3.28 …also revaluation rates at around the $4 mark…its all over the place...You all should be excited watching the conclusion.
7-29-2022 Newshound Guru Walkingstick [via Frank26] The exchange rate is the topic everywhere...in the streets of Iraq. It's everywhere in Iraq...the CBI is meeting with the AMF and showing them proof of sales and specimens. This is all fantastic. The timing couldn't be any better.
7-29-2022 Newshound Guru Breitling Iraq going digital...that means they're going to go international. But it also means that they are going to start getting out from under the U.S. dollar with means they're adding value to their currency. I promise you they are not going to be trading on the Swift system with the Iraqi dinar at a 10th of a penny. That information goes hand in hand with a time-frame/window on when they're going to start adding value to their currency. That's why it's such good news.
7-29-2022 Intel Guru Bruce [via WiserNow] Iraq has been told...when they were asked, Can we put out our new rate on Saturday? The answer was yes. We do finally expect a printed version of the Gazette on Saturday to go out with Hashemi [spelling?] as prime minister and the government - Parliament is seated and we expect it to also mention the new Iraqi dinar international rates. We know the rate internationally is the same as the in country rate for Iraq. We know how much it is already...and we know it will be traded up to that number that Dr Shabibi projected back in...2012...it should exceed it by up to a couple of dollars...I really think we are extremely close...I think there's a good chance we could get notified Saturday morning... we'll see what happens this weekend.
7-29-2022 Newshound Guru MilitiaMan I have this strong feeling at this stage of the game it's not necessarily goodbye because I'm not going anywhere but I feel like it's almost a goodbye because the nature of what we're and how things will roll out. I see this thing coming to short-term crescendo and I have to say I'm very happy to have been able to be here to watch it unfold...
7-29-2022 Newshound Guru Kaperoni ...It is highly unlikely any bank will add the dinar to their exchange program. Iraq is volatile and banks are conservative by nature. There will never be an overnight RV of the dinar so there will be no need to ever go to a bank to "cash out." IMO if the dinar floats it will be gradually over time which means more than likely your dinar investment would have to be deposited into a managed broker. Whether that ends up being some type of brokerage firm, market maker or ECM who knows. We just won't know until Iraq decides.
7-29-2022 Intel Guru MarkZ [via PDK] ...They announced the new rate was coming…but hasn’t occurred yet. In the markets and in the streets they are already starting to demand more money for it…very interesting news coming off the streets over there right now.
7-29-2022 Newshound Guru Petra Kazemi putting icing on the cake saying we change the rate - game over. It's a matter now of timing. But here's the thing that's really important and that is the fact that if he's told the people they can't sit on this. They're can't let it go too long because the people now have expectations...I think we're in a short window here. I think the next several days are going to tell the tale.
7-29-2022 Newshound Guru Jeff They need a new public rate to approve the budget. Once the budget is approved...then they can implement the reforms...They want August and September to be able to approve the budget so they can implement the reforms in their seventh month of October...this is nothing more than a mid-year supplementary budget and a mid-year rate change. [Post 2 of 2]
7-29-2022 Newshound Guru Jeff The formation of the government and the rate change, those two steps are married together. They're gonna RV immediately after they form the government...They're going to implement the reforms roughly 2 to 3 months after they form the government. Why is there a delay between the oil and gas law reforms and the formation of the government? It's because they need 2 to 3 months to fully approve the budget because the budget approval period is waiting on the rate to become public. [Post 1 of 2....stay tuned]
7-29-2022 Newshound Guru Tivon You are in the thick of it now. The information between now and August 7th will be flaming hot. Scorching. What Al-Kazemi did [Announce a new rate is coming] can't be put back in the bag. This boulder is coming down the hill fast.
7-29-2022 Intel Guru Frank26 turns out the Iraqi Citizens...said enough is enough and they stormed the government of Iraq in parliament and told them all where to go... Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-29-2022 Guru Nader From The Mid East About the dinar, when I told you it changed, yes it did changed. It changed on their part, on the offices, on the banks. They didn't stop work with it. Once they Sit the government - one or two weeks later things will change. The price? I don' know. It can be 1200. It can be 1150. It can be 1 to 1. It can be $0.60 to 1. Nobody knows what's the rate.
7-29-2022 Intel Guru MarkZ [via PDK] The big news is from Kazemi. And his announcement that the new rate is coming. He assured the people they heard their voices and a new rate is coming. Kazemi was very specific that we would not see a recent rate…that it would be an older rate…and they would go back to being a premier currency in their area. I am still being told they are in a mad scramble to finish seating the government over the weekend. They will be working over the weekend to get one sat. I am feeling pretty confident this time that we will see some massive movement over the next few days. That Kazemi announcement is huge...
7-28-2022 Newshound/Intel Guru RVAlready It is not the same old story. We are now pretty sure that the CBI is ready to push the button. They will do so as soon as parliament votes in a new president of the republic. In other words, we may be days away from the RV.
7-28-2022 Newshound/Intel Guru Mnt Goat Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election process has hit a Guiness book of world records on the longest. But we all should know by now what the real cause of the delay is really all about. It is about corruption...Can they finally destroy Nori al-Maliki and rid Iraq of him...once and for all?
7-28-2022 Intel Guru MarkZ [via PDK] This is what’s going on...are...[they] rioting? No, they look pretty excited about all the changes. We are getting more and more stories from Iraq that they are moving forward quickly. The latest rumor I have...I have not been able to confirm yet…but the rumor is the rate is $3.28 US on the streets there right now…I do not know if this is accurate as we watch this play out. The dinar for oil program should net us more…we are definitely keeping our eyes on it. By the time Kuwait hit this point, the point where we found out about it with a solid trading on forex was 10 days…I do not think it will take that long for Iraq. Things appear to be moving at a compressed pace right now...
7-28-2022 Newshound Guru Jeff ...The dinar has not changed. It remains...1460. That's where it's remained since it was devalued in December 20, 2020. No change has occurred. It remains the same...the banks have to price everything off of the CBI. The CBI is the mother source in this. This is where everything starts against the currency...the rate has not changed. [NOTE: You can always see the official CBI rate in left column of this page.]
7-28-2022 Newshound Guru Militiaman I'm a little bit numb. I pinched myself a couple time because at this stage of the game it may not be terribly surprising but this it's surprising because it's actually here. We're seeing the results of all the things we've been talking about come to fruition. Things that we never even thought of are happening...it's time to give them what they need and show them a new exchange rate...
7-28-2022 Newshound Guru Petra This is great news [Kazemi announcing to citizens a new exchange rate is coming]. I don't know how to respond. It's exciting. It's good. It's something we've all been waiting for for quite some time...
7-28-2022 Newshound Guru Pimpy I had a feeling this was coming in this direction...A revolution is when the people rise up against the government. A civil war is when the country is divided in half - it's people - and they don't agree on the same thing... [they] decide to duke it out but you use guns...it looks like a revolution might be starting over there in Iraq.
7-28-2022 Newshound Guru Samson Article: "After his supporters stormed parliament, Muqtada al-Sadr: Your message has arrived and you have terrified the corrupt"
7-28-2022 Intel Guru Frank26 Frank: ...Kazemi decided to tell you the truth today that there is a change in your exchange rate. That you are going to be receiving new small category notes very soon. It was his desperate way to calm you down...these are exciting days for your country... [Post 2 of 2]
7-28-2022 IntelGuru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All hell has broken loose here in the green zone because who they're trying to name as a prime minister...Kazemi did come on and say after the protesters stormed that the 1190 to 1460 was wrong and he said...the rate has been changed. But we don't know what it's been changed to or what or when can see this. They have been working on it they tell us for a long time. They say it's coming. [Post 1 of 2....stay tuned]
7-28-2022 Intel Guru Bruce [via WiserNow] This is coming down to the wire. Literally, we were told we were in the last 10 yards of a marathon and I believe that's going to be the case...the indication is very good for this to finally come to fruition - and we're just going to believe that there's nothing else that would keep this from going -that everything is clear - all systems go - everything is all lined up for us... the dinar is done. Rates are very, very good...I'm excited about where we sit right now.
7-28-2022 Newshound Guru Sandy Ingram Iraqi protesters broke into the parliament denouncing the nomination of the new Iraqi prime minister on Wednesday. Al-Sadr told protesters at the parliament building that their message had been received and that they should return home.
7-28-2022 Guru Nader From The Mid East The Iraqi dinar has been changed in banks. They didn't launch it yet. They're gonna launch it soon I hope. They've been working on it. Kazemi come out this morning and says whomever made the decision to change the dinar exchange rate from 1190 to 1460 is wrong and now he's gonna change it. How much? I don't know. I have no idea how much. But I know it has been changed. That's what he said in the video.
7-28-2022 Intel Guru MarkZ [via PDK] Iraq did not expect it to leak the way it did. To roll out of country the way it did. My guess is this will force things to happen quickly now guys. We are hearing very positive things…give it a few days to roll out. Buckle up…I am told it could take a few days before we get our changes in value…or redemptions...We do not know how long it will take to play out right now…but, that it is playing out now should have you excited. I was told it could take up to 10 days to get to our level…worse case…but I expect it much sooner. [post 2 of 2]
7-28-2022 Intel Guru MarkZ [via PDK] We are going to need to be calm…things are happening…this may take a few days to roll out to you and I…In iraq I don’t think they meant for things to move forward like this…. I don’t think they expected people to be this excited about the changes...to storm palaces and parliament...These are not upset folks…they are partying and laughing and dancing…very excited…in all the parliament, CBI, government buildings…It has turned into quite an event in Iraq... [post 1 of 2....stay tuned]
7-28-2022 Newshound/Intel Guru Mnt Goat Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election process has hit a Guiness book of world records on the longest. But we all should know by now what the real cause of the delay is really all about. It is about corruption...Can they finally destroy Nori al-Maliki and rid Iraq of him...once and for all?
7-28-2022 Intel Guru MarkZ [via PDK] This is what’s going on...are...[they] rioting? No, they look pretty excited about all the changes. We are getting more and more stories from Iraq that they are moving forward quickly. The latest rumor I have...I have not been able to confirm yet…but the rumor is the rate is $3.28 US on the streets there right now…I do not know if this is accurate as we watch this play out. The dinar for oil program should net us more…we are definitely keeping our eyes on it. By the time Kuwait hit this point, the point where we found out about it with a solid trading on forex was 10 days…I do not think it will take that long for Iraq. Things appear to be moving at a compressed pace right now...
7-28-2022 Newshound Guru Jeff ...The dinar has not changed. It remains...1460. That's where it's remained since it was devalued in December 20, 2020. No change has occurred. It remains the same...the banks have to price everything off of the CBI. The CBI is the mother source in this. This is where everything starts against the currency...the rate has not changed. [NOTE: You can always see the official CBI rate in left column of this page.]
7-28-2022 Newshound Guru Militiaman I'm a little bit numb. I pinched myself a couple time because at this stage of the game it may not be terribly surprising but this it's surprising because it's actually here. We're seeing the results of all the things we've been talking about come to fruition. Things that we never even thought of are happening...it's time to give them what they need and show them a new exchange rate...
7-28-2022 Newshound Guru Petra This is great news [Kazemi announcing to citizens a new exchange rate is coming]. I don't know how to respond. It's exciting. It's good. It's something we've all been waiting for for quite some time...
7-28-2022 Newshound Guru Pimpy I had a feeling this was coming in this direction...A revolution is when the people rise up against the government. A civil war is when the country is divided in half - it's people - and they don't agree on the same thing... [they] decide to duke it out but you use guns...it looks like a revolution might be starting over there in Iraq.
7-28-2022 Newshound Guru Samson Article: "After his supporters stormed parliament, Muqtada al-Sadr: Your message has arrived and you have terrified the corrupt"
7-28-2022 Intel Guru Frank26 Frank: ...Kazemi decided to tell you the truth today that there is a change in your exchange rate. That you are going to be receiving new small category notes very soon. It was his desperate way to calm you down...these are exciting days for your country... [Post 2 of 2]
7-28-2022 IntelGuru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All hell has broken loose here in the green zone because who they're trying to name as a prime minister...Kazemi did come on and say after the protesters stormed that the 1190 to 1460 was wrong and he said...the rate has been changed. But we don't know what it's been changed to or what or when can see this. They have been working on it they tell us for a long time. They say it's coming. [Post 1 of 2....stay tuned]
7-28-2022 Intel Guru Bruce [via WiserNow] This is coming down to the wire. Literally, we were told we were in the last 10 yards of a marathon and I believe that's going to be the case...the indication is very good for this to finally come to fruition - and we're just going to believe that there's nothing else that would keep this from going -that everything is clear - all systems go - everything is all lined up for us... the dinar is done. Rates are very, very good...I'm excited about where we sit right now.
7-28-2022 Newshound Guru Sandy Ingram Iraqi protesters broke into the parliament denouncing the nomination of the new Iraqi prime minister on Wednesday. Al-Sadr told protesters at the parliament building that their message had been received and that they should return home.
7-28-2022 Guru Nader From The Mid East The Iraqi dinar has been changed in banks. They didn't launch it yet. They're gonna launch it soon I hope. They've been working on it. Kazemi come out this morning and says whomever made the decision to change the dinar exchange rate from 1190 to 1460 is wrong and now he's gonna change it. How much? I don't know. I have no idea how much. But I know it has been changed. That's what he said in the video.
7-28-2022 Intel Guru MarkZ [via PDK] Iraq did not expect it to leak the way it did. To roll out of country the way it did. My guess is this will force things to happen quickly now guys. We are hearing very positive things…give it a few days to roll out. Buckle up…I am told it could take a few days before we get our changes in value…or redemptions...We do not know how long it will take to play out right now…but, that it is playing out now should have you excited. I was told it could take up to 10 days to get to our level…worse case…but I expect it much sooner. [post 2 of 2]
7-28-2022 Intel Guru MarkZ [via PDK] We are going to need to be calm…things are happening…this may take a few days to roll out to you and I…In iraq I don’t think they meant for things to move forward like this…. I don’t think they expected people to be this excited about the changes...to storm palaces and parliament...These are not upset folks…they are partying and laughing and dancing…very excited…in all the parliament, CBI, government buildings…It has turned into quite an event in Iraq... [post 1 of 2....stay tuned]
7-27-2022 Newshound Guru Breitling Question: 'If they turn the dinar digital is there a chance there won't be an exchange process and we'll be blocked out of the opportunity?' It doesn't work that way. Iraq is not going to get rid of their paper currency...for Iraq to say they're going to have a very small portion of their currency to go digital that means they would be trading on the international platforms...That's very very good news for us. That's why those article are coming out.
7-27-2022 Newshound Guru Clare Article "Detailed statement..Finance announces 25 achievements in implementing the white paper" VERY IMPRESSIVE! IRAQ SURE HAS COME A LONG WAY WITH THE RIGHT PM ...AND THAT IS KAZEMI! IMO...
7-27-2022 Newshound Guru Jeff Article "Issuance of a late budget law is better than the end of the fiscal year without it" There has been a reasonable amount of gurus that have stated that Iraq will not do any budget at all and that's going to do just the Food and Security Law. That can't happen...
7-27-2022 Newshound Guru Kaperoni The plan from the IMF for the Iraqi dinar was stated in 2013 in the IMF Article IV Consultation. It encouraged Iraq to create the conditions (pass laws, encourage investment, etc.) Then float the dinar allowing a gradual appreciation based on sound principles, economic growth.
7-27-2022 Newshound Guru Walkingstick [via Frank26] They are ready. There are no restrictions on their currency. The currency is convertible international and more than anything else the WTO knows this and so does the international world.
7-27-2022 Intel Guru Frank26 IT IS OUR OPINION/RUMOR/ SCUTTLEBUTT ... LAST WEDS, 2 FIRM GUYS, IMO, ARE IN THE ME RIGHT NOW MEETING WITH THE ARAB MONETARY FUND IN A CLOSED MTG. WITH THE CBI, WHO WILL SHOW AT THIS MTG. THE PROOF NOTES.
7-27-2022 Intel Guru MarkZ [via PDK] Article: “An official letter from the framework to parliament that sets the date for the election of the President of the Republic” SATURDAY guys…you will go to sleep Friday night and then Boom…we are hearing that is when things are supposed to start moving forward in Iraq. I am hearing this from 3 of my Iraqi contacts. I believe this is most likely accurate. There may be a lot of excitement in the up- coming days or week or so…at least we should have a better idea of what to expect timing wise once they get through this on Saturday.
7-27-2022 Newshound Guru Sandy Ingram ...If the adjustment of the currency occurs...you will have 30 days to set up a legal tax protection plan. If you fail to do so you could end up paying up to 35% of your profits in taxes including state and federal taxes. Are you prepared to give the U.S. government close to $35,000 out of $100,000 with little to no way to get a refund for any of the $35,000? ...the moment you earn a profit it the moment you owe taxes... [NOTE: At the appropriate time consult your tax professionals for the best tax strategies for your unique situation.]
7-27-2022 Newshound Guru MilitiaMan Article: "The General Secretariat sets the ceiling for the salaries of lecturers and workers within the Food Security Law" It looks like they are doing what the Prime minister ordered them to do. While they adjust salaries, etc., they are going to restore the Dollar exchange rate to what is was in a previous era. Hence the need to adjust the rates at which they pay out...
7-27-2022 Newshound Guru Samson Article: "A new parliamentary movement to restore the price of the dollar to its previous era" Quote: "lowering the dollar exchange rate should be a priority for the next government,”
7-27-2022 Newshound Guru Jeff Article: "The framework called for holding a session next Saturday to elect the President of the Republic" You know the major important step we're looking to see is that government formed...I don't know how true [this article] is. We'll know by Friday the credibility of this...
7-27-2022 Newshound/Intel Guru Mnt Goat Article: "AN IRAQI OFFICIAL REVEALS THE AXES OF MONETARY POLICY TO CONFRONT INFLATIONARY PRICES" As long as they continue down this road of not allowing the outside to invest in Iraq and superficially holding back the currency from its true VALUE and thus reflect it in the RATE they will continue to have these inflationary crises after crises.
7-27-2022 Newshound Guru Clare Article "Detailed statement..Finance announces 25 achievements in implementing the white paper" VERY IMPRESSIVE! IRAQ SURE HAS COME A LONG WAY WITH THE RIGHT PM ...AND THAT IS KAZEMI! IMO...
7-27-2022 Newshound Guru Jeff Article "Issuance of a late budget law is better than the end of the fiscal year without it" There has been a reasonable amount of gurus that have stated that Iraq will not do any budget at all and that's going to do just the Food and Security Law. That can't happen...
7-27-2022 Newshound Guru Kaperoni The plan from the IMF for the Iraqi dinar was stated in 2013 in the IMF Article IV Consultation. It encouraged Iraq to create the conditions (pass laws, encourage investment, etc.) Then float the dinar allowing a gradual appreciation based on sound principles, economic growth.
7-27-2022 Newshound Guru Walkingstick [via Frank26] They are ready. There are no restrictions on their currency. The currency is convertible international and more than anything else the WTO knows this and so does the international world.
7-27-2022 Intel Guru Frank26 IT IS OUR OPINION/RUMOR/ SCUTTLEBUTT ... LAST WEDS, 2 FIRM GUYS, IMO, ARE IN THE ME RIGHT NOW MEETING WITH THE ARAB MONETARY FUND IN A CLOSED MTG. WITH THE CBI, WHO WILL SHOW AT THIS MTG. THE PROOF NOTES.
7-27-2022 Intel Guru MarkZ [via PDK] Article: “An official letter from the framework to parliament that sets the date for the election of the President of the Republic” SATURDAY guys…you will go to sleep Friday night and then Boom…we are hearing that is when things are supposed to start moving forward in Iraq. I am hearing this from 3 of my Iraqi contacts. I believe this is most likely accurate. There may be a lot of excitement in the up- coming days or week or so…at least we should have a better idea of what to expect timing wise once they get through this on Saturday.
7-27-2022 Newshound Guru Sandy Ingram ...If the adjustment of the currency occurs...you will have 30 days to set up a legal tax protection plan. If you fail to do so you could end up paying up to 35% of your profits in taxes including state and federal taxes. Are you prepared to give the U.S. government close to $35,000 out of $100,000 with little to no way to get a refund for any of the $35,000? ...the moment you earn a profit it the moment you owe taxes... [NOTE: At the appropriate time consult your tax professionals for the best tax strategies for your unique situation.]
7-27-2022 Newshound Guru MilitiaMan Article: "The General Secretariat sets the ceiling for the salaries of lecturers and workers within the Food Security Law" It looks like they are doing what the Prime minister ordered them to do. While they adjust salaries, etc., they are going to restore the Dollar exchange rate to what is was in a previous era. Hence the need to adjust the rates at which they pay out...
7-27-2022 Newshound Guru Samson Article: "A new parliamentary movement to restore the price of the dollar to its previous era" Quote: "lowering the dollar exchange rate should be a priority for the next government,”
7-27-2022 Newshound Guru Jeff Article: "The framework called for holding a session next Saturday to elect the President of the Republic" You know the major important step we're looking to see is that government formed...I don't know how true [this article] is. We'll know by Friday the credibility of this...
7-27-2022 Newshound/Intel Guru Mnt Goat Article: "AN IRAQI OFFICIAL REVEALS THE AXES OF MONETARY POLICY TO CONFRONT INFLATIONARY PRICES" As long as they continue down this road of not allowing the outside to invest in Iraq and superficially holding back the currency from its true VALUE and thus reflect it in the RATE they will continue to have these inflationary crises after crises.
7-26-2022 Newshound Guru MilitiaMan The CBI is ready as they will ever be to change the exchange rate. They have told us that the starting point for the Iraq Banking sector for Europe will be in France. Not the exclusive point but the starting point...Halabousi, Saleh and Kahdimi...[If] they tell us that they have the three in power and are to stay, then the CBI will likely finish the game within nano seconds around the world out of Europe. TIming... Exposure... Activation... All are about to show the world Iraq is back..
7-26-2022 Intel Guru MarkZ [via PDK] Iraq is still hopeful they will have the government sat by the weekend or very early next week….and I think that is when we will see them move forward.
7-26-2022 Guru Nader From The Mid East I said there it is, it's happening. That means it's impressive. It'll happen now. It's gonna go fast now. It's gonna happen fast. We counter from here to October. They have to set up a government and have to apply for a lot of things, especially Forex. It have to be in Forex...Keep safe. Keep grounded. It's coming up...
7-26-2022 Newshound Guru Kaperoni The truth is until Iraq puts the correct government in place that is motivated to pass laws, create significant economic growth, encourage investment and diversifies away from oil there'll be no change in the exchange rate.
7-26-2022 Newshound Guru Jeff Mark my words once they start voting on the president they're going to change the rate very shortly after probably within a week. It will be very close in time. They only need about a week to form the government...
7-26-2022 Intel Guru MarkZ [via PDK] ...it’s been very quiet on the redemption front. They are all in position and waiting for the event to occur. There is a lot of back and forth on what folks think that trigger is. Some think there is no trigger and we are just waiting for optics to play out in Iraq. We don’t know. What we do know is they are expecting it at any moment. I was told by some exceptionally good contacts that we are extremely close...
7-26-2022 Newshound Guru Pimpy Article: "Advisor to the Prime Minister determines one option to reduce the dollar exchange..." When they say reduce the dollar exchange what they're talking about is reducing the dollar's value against the Iraqi dinar which is the right direction...
7-26-2022 Newshound Guru Petra Article: "3 conditions presented by al-Sadr to reconcile with al-Maliki.. Get to know them". Sadr just laid down the gauntlet! Think of it, he sends these 3 requirements to Maliki (and the citizens of Iraq) for him to step up and face the judiciary for all the crimes he has purported to have committed. If he does not, then in all the eyes of the people and their justice system, he is considered guilty...What a brilliant chess move by Sadr...
7-26-2022 Intel Guru Frank26 A paradigm shift has occurred with [Iraq boots-on-the-ground FIREFLY] and the citizens of Iraq. They are no longer vulnerable. They are no longer sitting and moping, 'Oh, Maliki is taking over. Oh, Iran is going to take over.' No. They are fighting and they are ready to fight to protect their country and the CBI...
7-26-2022 Intel Guru MarkZ [via PDK] ...in Iraq big contracts from France and abroad have been restructured because the payment process is supposed to be changed…and a change in value. They are adjusting a lot of contracts…this has already started...I have a contractor friend over in Iraq that had to renegotiate their contract because of the rate changes… This will tell you they are preparing right now for this thing to happen. I am downright excited about it.
7-26-2022 Newshound Guru Jeff Article: "A deputy Sets The Date For The Election Of The Presidents Of The Republic And The Government" They're bundling the election of the president and the Prim Minister together. They only need about a week to complete both of these steps...Why one week? So they can revalue immediately after they do them that's why...
7-26-2022 Intel Guru MarkZ [via PDK] Iraq is still hopeful they will have the government sat by the weekend or very early next week….and I think that is when we will see them move forward.
7-26-2022 Guru Nader From The Mid East I said there it is, it's happening. That means it's impressive. It'll happen now. It's gonna go fast now. It's gonna happen fast. We counter from here to October. They have to set up a government and have to apply for a lot of things, especially Forex. It have to be in Forex...Keep safe. Keep grounded. It's coming up...
7-26-2022 Newshound Guru Kaperoni The truth is until Iraq puts the correct government in place that is motivated to pass laws, create significant economic growth, encourage investment and diversifies away from oil there'll be no change in the exchange rate.
7-26-2022 Newshound Guru Jeff Mark my words once they start voting on the president they're going to change the rate very shortly after probably within a week. It will be very close in time. They only need about a week to form the government...
7-26-2022 Intel Guru MarkZ [via PDK] ...it’s been very quiet on the redemption front. They are all in position and waiting for the event to occur. There is a lot of back and forth on what folks think that trigger is. Some think there is no trigger and we are just waiting for optics to play out in Iraq. We don’t know. What we do know is they are expecting it at any moment. I was told by some exceptionally good contacts that we are extremely close...
7-26-2022 Newshound Guru Pimpy Article: "Advisor to the Prime Minister determines one option to reduce the dollar exchange..." When they say reduce the dollar exchange what they're talking about is reducing the dollar's value against the Iraqi dinar which is the right direction...
7-26-2022 Newshound Guru Petra Article: "3 conditions presented by al-Sadr to reconcile with al-Maliki.. Get to know them". Sadr just laid down the gauntlet! Think of it, he sends these 3 requirements to Maliki (and the citizens of Iraq) for him to step up and face the judiciary for all the crimes he has purported to have committed. If he does not, then in all the eyes of the people and their justice system, he is considered guilty...What a brilliant chess move by Sadr...
7-26-2022 Intel Guru Frank26 A paradigm shift has occurred with [Iraq boots-on-the-ground FIREFLY] and the citizens of Iraq. They are no longer vulnerable. They are no longer sitting and moping, 'Oh, Maliki is taking over. Oh, Iran is going to take over.' No. They are fighting and they are ready to fight to protect their country and the CBI...
7-26-2022 Intel Guru MarkZ [via PDK] ...in Iraq big contracts from France and abroad have been restructured because the payment process is supposed to be changed…and a change in value. They are adjusting a lot of contracts…this has already started...I have a contractor friend over in Iraq that had to renegotiate their contract because of the rate changes… This will tell you they are preparing right now for this thing to happen. I am downright excited about it.
7-26-2022 Newshound Guru Jeff Article: "A deputy Sets The Date For The Election Of The Presidents Of The Republic And The Government" They're bundling the election of the president and the Prim Minister together. They only need about a week to complete both of these steps...Why one week? So they can revalue immediately after they do them that's why...
7-25-2022 Intel Guru MarkZ [via PDK] Redemption folks have no idea what to expect as of this point. Everything is up in the air and fluid. ...everything is very fluid…it could happen in 2 minutes…it could happen in days…We do not know. Remember- seeing news all over the place is what we expected at the end.
7-25-2022 Newshound Guru Breitling Remember they got to compete within their region so they're not going to have a currency that's above everybody else's...the average value of the currencies in the Middle East I think it's like $0.40 to $0.50. So what do they want to do? They want to be able to compete in the region and at the same time grow in other markets and that's why I say that they'll start off at $0.50/$0.60 because they can afford that. [Post 2 of 2]
7-25-2022 Newshound Guru Breitling Question: "You mentioned a potential value to come in between $0.55 to $0.65...but a lot has changed - the price of oil has gone up, their coffers are getting full, they paid off debt. Wouldn't that lend support for a higher rate as well? Up to $1.17?" No...its value is how many customers do they have. How much dinar do they have out there. And how many times is it being used... [Post 1 of 2....stay tuned]
7-25-2022 Newshound Guru Kaperoni Guru Tivon is telling...that an RV is in the emergency support law. Well I translated it a week or so ago when it was published...there is no such talk of any RV.
7-25-2022 Newshound Guru Walkingstick [via Frank26] Question: "What if they come out at 1200?" That would be better. They could come out at $1.20 to 1...Remember, they are going to unpeg from the American dollar. It won't be 1 to 1. It won't be $1.20 to 1. It will be whatever rate they come out at. And it is going to have to be recalculated on a daily basis...
7-25-2022 Newshound Guru Militiaman ...The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs. The back and forth about seating of the government now is looking to be more folly than anything else...The present government is legal and can do day to day business... They have the authority all taken care of or the deals with FRANCE would not have been done..imo.. TIMING..
7-25-2022 Newshound Guru Pimpy What is it 9 months later and there's still no government. Nope not at all. What do we see every week? We see the same thing - the Coordinating Framework promising what? That they will have a quorum and they will elect the president and the Prime Minister...[new] elections are coming I have a feeling no matter what...
7-25-2022 Guru Nader From The Mid East The starting point in Europe will be Paris, in the United States we don't know. Asia, we don't know because they ain't put anywhere...over here [US] I think it's going to be New York or Miami we'll see...you don't have to travel anywhere...you just stay here then you change your dinar...
7-25-2022 Intel Guru MarkZ [via PDK] ...There is still a tremendous amount of chatter out of Iraq. They are still moving forward with renegotiating rates and contractors...one of the specific contracts of course is the $27 Billion dollar Total Contract from France. They had finished the deal in dollars and now are re- negotiating it to be paid in dinar. ...We know we are watching it roll out. We know we are seeing rate change conversations in Iraq…We know banks are positioning…
7-25-2022 Newshound Guru Clare Article: "Central Bank: Paris will be the starting point of the Iraqi banking sector towards Europe"
7-25-2022 Newshound Guru Jeff Kazemi will be reinstated two terms for Prime Minister. Look for him to be reinstated on a Saturday.
7-25-2022 Newshound/Intel Guru Mnt Goat We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues
along with the other assets such as minerals, gold, etc, would surely bring the IQD way over $3 never mind the current 1/6 of penny. So, if you are still waiting for Iraq to turn totally capitalistic and build an enormous economy don’t hold your breath, this is not how it going to happen.
7-25-2022 Newshound Guru Walkingstick [via Frank26] IOO the WTO obviously knows when the CBI will give the GOI the new exchange rate...why...? Because as a member of the WTO their currency must be convertible with no restrictions. This is the law of the WTO and you are seeing it displayed right before your eyes... therefore IMO the new exchange rate...[is] soon to be released and used inside of Iraq by the citizens of Iraq and out of Iraq beyond their boarders...
7-25-2022 Newshound Guru Breitling Remember they got to compete within their region so they're not going to have a currency that's above everybody else's...the average value of the currencies in the Middle East I think it's like $0.40 to $0.50. So what do they want to do? They want to be able to compete in the region and at the same time grow in other markets and that's why I say that they'll start off at $0.50/$0.60 because they can afford that. [Post 2 of 2]
7-25-2022 Newshound Guru Breitling Question: "You mentioned a potential value to come in between $0.55 to $0.65...but a lot has changed - the price of oil has gone up, their coffers are getting full, they paid off debt. Wouldn't that lend support for a higher rate as well? Up to $1.17?" No...its value is how many customers do they have. How much dinar do they have out there. And how many times is it being used... [Post 1 of 2....stay tuned]
7-25-2022 Newshound Guru Kaperoni Guru Tivon is telling...that an RV is in the emergency support law. Well I translated it a week or so ago when it was published...there is no such talk of any RV.
7-25-2022 Newshound Guru Walkingstick [via Frank26] Question: "What if they come out at 1200?" That would be better. They could come out at $1.20 to 1...Remember, they are going to unpeg from the American dollar. It won't be 1 to 1. It won't be $1.20 to 1. It will be whatever rate they come out at. And it is going to have to be recalculated on a daily basis...
7-25-2022 Newshound Guru Militiaman ...The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs. The back and forth about seating of the government now is looking to be more folly than anything else...The present government is legal and can do day to day business... They have the authority all taken care of or the deals with FRANCE would not have been done..imo.. TIMING..
7-25-2022 Newshound Guru Pimpy What is it 9 months later and there's still no government. Nope not at all. What do we see every week? We see the same thing - the Coordinating Framework promising what? That they will have a quorum and they will elect the president and the Prime Minister...[new] elections are coming I have a feeling no matter what...
7-25-2022 Guru Nader From The Mid East The starting point in Europe will be Paris, in the United States we don't know. Asia, we don't know because they ain't put anywhere...over here [US] I think it's going to be New York or Miami we'll see...you don't have to travel anywhere...you just stay here then you change your dinar...
7-25-2022 Intel Guru MarkZ [via PDK] ...There is still a tremendous amount of chatter out of Iraq. They are still moving forward with renegotiating rates and contractors...one of the specific contracts of course is the $27 Billion dollar Total Contract from France. They had finished the deal in dollars and now are re- negotiating it to be paid in dinar. ...We know we are watching it roll out. We know we are seeing rate change conversations in Iraq…We know banks are positioning…
7-25-2022 Newshound Guru Clare Article: "Central Bank: Paris will be the starting point of the Iraqi banking sector towards Europe"
7-25-2022 Newshound Guru Jeff Kazemi will be reinstated two terms for Prime Minister. Look for him to be reinstated on a Saturday.
7-25-2022 Newshound/Intel Guru Mnt Goat We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues
along with the other assets such as minerals, gold, etc, would surely bring the IQD way over $3 never mind the current 1/6 of penny. So, if you are still waiting for Iraq to turn totally capitalistic and build an enormous economy don’t hold your breath, this is not how it going to happen.
7-25-2022 Newshound Guru Walkingstick [via Frank26] IOO the WTO obviously knows when the CBI will give the GOI the new exchange rate...why...? Because as a member of the WTO their currency must be convertible with no restrictions. This is the law of the WTO and you are seeing it displayed right before your eyes... therefore IMO the new exchange rate...[is] soon to be released and used inside of Iraq by the citizens of Iraq and out of Iraq beyond their boarders...
7-24-2022 Newshound Guru Kaperoni All of this nonsense about a new exchange rate, paying people in dinar, new contracts. It's all just bullshit! A country's currency exchange rate is based on the economic growth it's not a random act. Only with the success and growth of the economy can the dinar rise in value...If and when it floats it will rise gradually based on the success and growth of the economy.
7-24-2022 Newshound Guru Sandy Ingram Thus Iraq earns in U.S. dollars and spends in Iraqi dinars so they are in no hurry to revalue their currency. They need to purchase military equipment from France or the United States - they use dollars. When they need to build housing for the Iraqi people they use Iraqi dinars. The wealth transfer coming from Iraq is a more feasible wealth transfer but only after Iraq gains control over the overprinted IQD. [Post 2 of 2]
7-24-2022 Newshound Guru Sandy Ingram Why would Iraq or any other country want to increase their currency value against the highest currencies in the world today? Why not leave it alone? The answer is simple. When a country's currency value is low against other currencies in the world, people in that country cannot afford certain necessities. When we look at Iraq we see that they have a unique situation because OPEC has always required that oil revenues be paid in U.S. dollars. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Tivon ...We are just about there...the EFSL was not a fluke...It cut through all the BS we have been enduring for all these years. The writing is on the wall. Great times ahead for everyone. We are either days or weeks away. I wonder if the CBI still plans on making a move this week? We'll see soon enough...
7-24-2022 Newshound Guru Jeff The rate change is in front of you right now...you're waiting on that government but it is done formed and complete they just can't show it to you...everything happening in Iraq right now is happening around the rate change date. It's the nucleus...the formation of the government is revolving around the rate change date. That's why they keep kicking the political can...it's synchronized...and aligns with the scheduled rate change date.
7-24-2022 Guru Nader From The Mid East For us [United States]... Australia... Asia...China we don't know what city but...once they start they will start all over the world...You're not going to have to travel to anywhere to change your dinars. If it's going to be international, it's going to be international. If it starts in Europe it's going to start here [U.S.] the same day, same hours and minutes, same everything... [Post 2 of 2]
7-24-2022 Guru Nader From The Mid East People are asking a lot of questions - Do I have to travel to France to change my dinar? ...The article says the starting point is Europe. They're not talking about United States. The starting point is Europe for the banking sector...will be Paris and France. United States we don't know what city. It could be the capital Washington, New York, Miami. I don't know. It's going to be a big city just like they doing in Europe. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Walkingstick [via Frank26] Everything the CBI needs to release the new exchange rate to Kazemi and his GOI is already in written form. Written is the information of what the citizens and the world are learning about the monetary reform to its directives.
7-24-2022 Newshound/Intel Guru Mnt Goat ... a week ago...Mazhar Muhammad Salih, said and I quote- “Changing the exchange rate is possible, but it requires patience and careful study,” adding, “We need to cook on a quiet fire and monitor prices until the end of 2022, oil prices and foreign reserves.” To me this is telling us not to expect any change in the exchange rate of the dinar until at least the end of 2022...I firmly believe they are trying to pay off their debts prior to the RV. They already paid off all war reparations to Kuwait- good news! They can also pay off the IMF loan by the end of the year if oil prices remain high – good news!
7-24-2022 Intel Guru MarkZ [via PDK] Article- This is important: “Central Bank: Paris will be the starting point of the Iraqi Banking Sector towards Europe” This is the Central Bank of Iraq. And it says Paris will be the starting point. Why do they need to be expanding all over the world if they have a useless currency?
7-24-2022 Newshound Guru Sandy Ingram Thus Iraq earns in U.S. dollars and spends in Iraqi dinars so they are in no hurry to revalue their currency. They need to purchase military equipment from France or the United States - they use dollars. When they need to build housing for the Iraqi people they use Iraqi dinars. The wealth transfer coming from Iraq is a more feasible wealth transfer but only after Iraq gains control over the overprinted IQD. [Post 2 of 2]
7-24-2022 Newshound Guru Sandy Ingram Why would Iraq or any other country want to increase their currency value against the highest currencies in the world today? Why not leave it alone? The answer is simple. When a country's currency value is low against other currencies in the world, people in that country cannot afford certain necessities. When we look at Iraq we see that they have a unique situation because OPEC has always required that oil revenues be paid in U.S. dollars. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Tivon ...We are just about there...the EFSL was not a fluke...It cut through all the BS we have been enduring for all these years. The writing is on the wall. Great times ahead for everyone. We are either days or weeks away. I wonder if the CBI still plans on making a move this week? We'll see soon enough...
7-24-2022 Newshound Guru Jeff The rate change is in front of you right now...you're waiting on that government but it is done formed and complete they just can't show it to you...everything happening in Iraq right now is happening around the rate change date. It's the nucleus...the formation of the government is revolving around the rate change date. That's why they keep kicking the political can...it's synchronized...and aligns with the scheduled rate change date.
7-24-2022 Guru Nader From The Mid East For us [United States]... Australia... Asia...China we don't know what city but...once they start they will start all over the world...You're not going to have to travel to anywhere to change your dinars. If it's going to be international, it's going to be international. If it starts in Europe it's going to start here [U.S.] the same day, same hours and minutes, same everything... [Post 2 of 2]
7-24-2022 Guru Nader From The Mid East People are asking a lot of questions - Do I have to travel to France to change my dinar? ...The article says the starting point is Europe. They're not talking about United States. The starting point is Europe for the banking sector...will be Paris and France. United States we don't know what city. It could be the capital Washington, New York, Miami. I don't know. It's going to be a big city just like they doing in Europe. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Walkingstick [via Frank26] Everything the CBI needs to release the new exchange rate to Kazemi and his GOI is already in written form. Written is the information of what the citizens and the world are learning about the monetary reform to its directives.
7-24-2022 Newshound/Intel Guru Mnt Goat ... a week ago...Mazhar Muhammad Salih, said and I quote- “Changing the exchange rate is possible, but it requires patience and careful study,” adding, “We need to cook on a quiet fire and monitor prices until the end of 2022, oil prices and foreign reserves.” To me this is telling us not to expect any change in the exchange rate of the dinar until at least the end of 2022...I firmly believe they are trying to pay off their debts prior to the RV. They already paid off all war reparations to Kuwait- good news! They can also pay off the IMF loan by the end of the year if oil prices remain high – good news!
7-24-2022 Intel Guru MarkZ [via PDK] Article- This is important: “Central Bank: Paris will be the starting point of the Iraqi Banking Sector towards Europe” This is the Central Bank of Iraq. And it says Paris will be the starting point. Why do they need to be expanding all over the world if they have a useless currency?
7-23-2022 Newshound Guru Walkingstick [via Frank26] The CBI is doing a tour to...central banks around the world...with proof sheets of the new small category notes to be soon released. This may be done behind closed doors...or at the time when the exchange rate and the new small category notes are released. This information will be in print, we just are not knowing exactly when...
7-23-2022 Newshound Guru Tivon Article "Central Bank Governor : The banking sector is making progress at various levels" This implies that the deadline for August 15th 2022 for banks to get on the new platform is for late bloomers who do not currently have their affairs in order. The CBI can make their move now. Are they trying to get this deal done before August 1st? Seems that way...
7-23-2022 Newshound Guru Kaperoni Guru Militiaman says they must RV soon if they want a market economy...That's not how it works you build a market economy and then the dinar goes up in value as a result. Not the other way around...
7-23-2022 Newshound Guru MilitiaMan ...The EFSL, it has wide reaching tentacles that allow for the many things to happen during the normal course of the day to day needs of the citizens and their entitlements. One of which is the changing of the exchange rate.
7-23-2022 Intel Guru MarkZ [via PDK] ...contractors...are re-denominating from US dollars into dinar…so everything will be paid in dinar…those contracts go into effect on August 15th. So we know there should be a major move before the 15th. I am still hearing it is extremely soon. We did not have a new rate published in the Gazette this morning. But, we are watching the roll out of this thing. Article “CBI : The Banking Sector is making progress at various levels”...I do not feel they are kicking the can anymore…I believe we are in a relentless rolling towards the finish line…
7-23-2022 Newshound Guru Clare Article: "Central Bank Governor : The banking sector is making progress at various levels" WE ARE JUST ABOUT THERE! IMO
7-23-2022 Guru Nader From The Mid East Good news for you...my friends knew it two or three days ago I wanted to confirm but it's too late everybody knows about it now I think...Europe will be opening the door for the Iraqi dinar exchange. If you want to exchange your dinars in a couple week you can go there and change your dinars. But for now the rate is not there...not time yet for congratulations but soon will be congratulations...
7-23-2022 Intel Guru Bruce [via WiserNow] they've already agreed upon a rate for the dinar - it was traded up and it will be traded up higher - actually after it gets out there...The bankers can see it on their screens, but...we don't have it where we can see it...they just don't want the dinar rate out until we're ready to go for our exchange...Timing is everything as you guys know. And our timing is getting closer and closer to this...look forward to great things happening hopefully by Saturday.
7-23-2022 Intel Guru MarkZ [via PDK] [Iraq is on lockdown. Nobody allowed to leave country] They did that right before Kuwait RV’d…
7-23-2022 Newshound Guru Tivon Article "Central Bank Governor : The banking sector is making progress at various levels" This implies that the deadline for August 15th 2022 for banks to get on the new platform is for late bloomers who do not currently have their affairs in order. The CBI can make their move now. Are they trying to get this deal done before August 1st? Seems that way...
7-23-2022 Newshound Guru Kaperoni Guru Militiaman says they must RV soon if they want a market economy...That's not how it works you build a market economy and then the dinar goes up in value as a result. Not the other way around...
7-23-2022 Newshound Guru MilitiaMan ...The EFSL, it has wide reaching tentacles that allow for the many things to happen during the normal course of the day to day needs of the citizens and their entitlements. One of which is the changing of the exchange rate.
7-23-2022 Intel Guru MarkZ [via PDK] ...contractors...are re-denominating from US dollars into dinar…so everything will be paid in dinar…those contracts go into effect on August 15th. So we know there should be a major move before the 15th. I am still hearing it is extremely soon. We did not have a new rate published in the Gazette this morning. But, we are watching the roll out of this thing. Article “CBI : The Banking Sector is making progress at various levels”...I do not feel they are kicking the can anymore…I believe we are in a relentless rolling towards the finish line…
7-23-2022 Newshound Guru Clare Article: "Central Bank Governor : The banking sector is making progress at various levels" WE ARE JUST ABOUT THERE! IMO
7-23-2022 Guru Nader From The Mid East Good news for you...my friends knew it two or three days ago I wanted to confirm but it's too late everybody knows about it now I think...Europe will be opening the door for the Iraqi dinar exchange. If you want to exchange your dinars in a couple week you can go there and change your dinars. But for now the rate is not there...not time yet for congratulations but soon will be congratulations...
7-23-2022 Intel Guru Bruce [via WiserNow] they've already agreed upon a rate for the dinar - it was traded up and it will be traded up higher - actually after it gets out there...The bankers can see it on their screens, but...we don't have it where we can see it...they just don't want the dinar rate out until we're ready to go for our exchange...Timing is everything as you guys know. And our timing is getting closer and closer to this...look forward to great things happening hopefully by Saturday.
7-23-2022 Intel Guru MarkZ [via PDK] [Iraq is on lockdown. Nobody allowed to leave country] They did that right before Kuwait RV’d…
7-22-2022 Intel Guru Frank26 It's time for the formation of the government of Iraq. Because once you form the government of Iraq kind of like dominoes. Kind of like when you stack up playing cards and they all come falling down. Kind of like when it starts to rain and it turns into a monsoon. There is a lot that is about to explode on the International stage of Iraq...
7-22-2022 Intel Guru MarkZ [via PDK] …From all of the contacts I have spoken with – these contracts go into affect on August 15th... which means before then they need to have a currency of value...This is huge...This tells us the back end of this right now…imo. I am so stinking excited about this news…after so many years there is finally some concrete things we can look at. I think this is the biggest news of the day for us on the RV front. [post 2 of 2]
7-22-2022 Intel Guru MarkZ [via PDK] [reference Guru Tivon post 7-21-2022] I have gotten the same news from my contractor contacts in Iraq... They are canceling contracts that are set and written in us dollars and re-writing them in dinar…Now according to my contacts they are giving them a value in US dollars and paying them in dinar. ...Why are they doing this? Because they are expecting the value to change. [post 1 of 2....stay tuned]
7-22-2022 Newshound Guru Samson Article: "The US Ambassador in Baghdad: Iraq is our most important partner and the cornerstone in the Middle East" Quote: "there are ways to achieve the joint strategy; Including promoting economic development and supporting Iraqi sovereignty"
7-22-2022 Newshound Guru Petra ...I don't hesitate to say that the first domino is about to fall creating a cascaded event...
7-22-2022 Newshound Guru Walkingstick [via Frank26] Even if they drop to 1200...the rate will move very fast. Remember, it's going to be a float..the world is eager. The world is hungry. They're starving to get their hand on this currency that they know has great has great potential because of the assets that back it. The oil of this country... they all want to get their hand on the new Iraqi dinar exchange rate...
7-22-2022 Intel Guru Bruce [via WiserNow] ...we're looking very solid over the next two days...Friday and then by Saturday at the latest is how it was played. Now - regarding the redemption center, and exchanges of currency, if you only have let's say dinar - Dong...other currencies to exchange - you're looking not to have to sign a nondisclosure agreement [NDA]...
7-22-2022 Newshound Guru Kaperoni Whether or not banks around the world are willing to do business in dinar is up to each individual banking institution. Therefore, even though Iraq is still in IMF Article XIV, any bank in the world can do business with Iraq in dinars if they choose to do so. But most wait for the stamp of approval or acceptance of Article VIII. [Post 3 of 3]
7-22-2022 Newshound Guru Kaperoni Whether or not a country's currency is exchangeable is whether or not there are restrictions on that country (which no longer exist [for Iraq]). Many banks though are hesitant as long as the CBI is in Article XIV. IMF Article VIII in essence is a stamp of approval from the IMF that the banking system in Iraq is in compliance with other central banks worldwide. [Post 2 of 3....stay tuned]
7-22-2022 Newshound Guru Kaperoni Iraq is in Article VIII of the IMF charter. Wrong! All you need to do is go to http://imf.org then Iraq, and click Iraq's Position in the Fund to see they are in ARTICLE XIV! IMF Article XIV or IMF Article VIII...is only a standing in which the Central Bank of Iraq is graded. Has nothing to do with the currency, the currency is exchangeable worldwide. [Post 1 of 3....stay tuned]
7-22-2022 Newshound Guru Tivon Article: "Saleh and Al-Abadi discuss completing the constitutional entitlements" ...I can't help but conclude that the EFSL is acting as a fully operational law that is not waiting on any formal political formality other than the activation of certain laws. One being the Oil & Gas Law...
7-22-2022 Intel Guru MarkZ [via PDK] In Iraq it looks like they are moving quickly to seat their government. We have a contact at an Iraqi bank that has a location in London….they are hoping to start exchanging early next week...There is a lot of discussion from Iraqi banks that have branches in other countries…so things are getting very, very hot. There are rumors that they may start processing people today…but I don’t think so…But, it does appear we are very, very close.
7-22-2022 Newshound Guru Pimpy Down goes Maliki. Down goes Maliki...Is this fight over? Or is it just getting warmed up? ...those audio leaks are coming back to bite Maliki right in the butt. There hasn't been an audio leak this bad since Watergate. Article: "Because of the audio leaks...A leader in the call calls for the dismissal of Al-Maliki from the party" Not only is this guy possibly not going to become the Prime Minister but they might oust him from the party altogether. Ouch!
7-22-2022 Guru Nader From The Mid East I'm still seeing people saying $6. Six dollars will never happen. Like I told you 1 to 1 and then the float. Might go to $3, $3.20, $3.39 max...
7-22-2022 Newshound/Intel Guru Mnt Goat Article: "CLOSE TO THE SADRIST MOVEMENT REGARDING AL-MALIKI’S RECORDINGS: HE SPEAKS MORE THAN THAT IN PRIVATE MEETINGS" This appears to have been going on for awhile now. Its about time someone calls him out on it. Now they have the undeniable sticky evidence on Maliki.
7-22-2022 Intel Guru MarkZ [via PDK] …From all of the contacts I have spoken with – these contracts go into affect on August 15th... which means before then they need to have a currency of value...This is huge...This tells us the back end of this right now…imo. I am so stinking excited about this news…after so many years there is finally some concrete things we can look at. I think this is the biggest news of the day for us on the RV front. [post 2 of 2]
7-22-2022 Intel Guru MarkZ [via PDK] [reference Guru Tivon post 7-21-2022] I have gotten the same news from my contractor contacts in Iraq... They are canceling contracts that are set and written in us dollars and re-writing them in dinar…Now according to my contacts they are giving them a value in US dollars and paying them in dinar. ...Why are they doing this? Because they are expecting the value to change. [post 1 of 2....stay tuned]
7-22-2022 Newshound Guru Samson Article: "The US Ambassador in Baghdad: Iraq is our most important partner and the cornerstone in the Middle East" Quote: "there are ways to achieve the joint strategy; Including promoting economic development and supporting Iraqi sovereignty"
7-22-2022 Newshound Guru Petra ...I don't hesitate to say that the first domino is about to fall creating a cascaded event...
7-22-2022 Newshound Guru Walkingstick [via Frank26] Even if they drop to 1200...the rate will move very fast. Remember, it's going to be a float..the world is eager. The world is hungry. They're starving to get their hand on this currency that they know has great has great potential because of the assets that back it. The oil of this country... they all want to get their hand on the new Iraqi dinar exchange rate...
7-22-2022 Intel Guru Bruce [via WiserNow] ...we're looking very solid over the next two days...Friday and then by Saturday at the latest is how it was played. Now - regarding the redemption center, and exchanges of currency, if you only have let's say dinar - Dong...other currencies to exchange - you're looking not to have to sign a nondisclosure agreement [NDA]...
7-22-2022 Newshound Guru Kaperoni Whether or not banks around the world are willing to do business in dinar is up to each individual banking institution. Therefore, even though Iraq is still in IMF Article XIV, any bank in the world can do business with Iraq in dinars if they choose to do so. But most wait for the stamp of approval or acceptance of Article VIII. [Post 3 of 3]
7-22-2022 Newshound Guru Kaperoni Whether or not a country's currency is exchangeable is whether or not there are restrictions on that country (which no longer exist [for Iraq]). Many banks though are hesitant as long as the CBI is in Article XIV. IMF Article VIII in essence is a stamp of approval from the IMF that the banking system in Iraq is in compliance with other central banks worldwide. [Post 2 of 3....stay tuned]
7-22-2022 Newshound Guru Kaperoni Iraq is in Article VIII of the IMF charter. Wrong! All you need to do is go to http://imf.org then Iraq, and click Iraq's Position in the Fund to see they are in ARTICLE XIV! IMF Article XIV or IMF Article VIII...is only a standing in which the Central Bank of Iraq is graded. Has nothing to do with the currency, the currency is exchangeable worldwide. [Post 1 of 3....stay tuned]
7-22-2022 Newshound Guru Tivon Article: "Saleh and Al-Abadi discuss completing the constitutional entitlements" ...I can't help but conclude that the EFSL is acting as a fully operational law that is not waiting on any formal political formality other than the activation of certain laws. One being the Oil & Gas Law...
7-22-2022 Intel Guru MarkZ [via PDK] In Iraq it looks like they are moving quickly to seat their government. We have a contact at an Iraqi bank that has a location in London….they are hoping to start exchanging early next week...There is a lot of discussion from Iraqi banks that have branches in other countries…so things are getting very, very hot. There are rumors that they may start processing people today…but I don’t think so…But, it does appear we are very, very close.
7-22-2022 Newshound Guru Pimpy Down goes Maliki. Down goes Maliki...Is this fight over? Or is it just getting warmed up? ...those audio leaks are coming back to bite Maliki right in the butt. There hasn't been an audio leak this bad since Watergate. Article: "Because of the audio leaks...A leader in the call calls for the dismissal of Al-Maliki from the party" Not only is this guy possibly not going to become the Prime Minister but they might oust him from the party altogether. Ouch!
7-22-2022 Guru Nader From The Mid East I'm still seeing people saying $6. Six dollars will never happen. Like I told you 1 to 1 and then the float. Might go to $3, $3.20, $3.39 max...
7-22-2022 Newshound/Intel Guru Mnt Goat Article: "CLOSE TO THE SADRIST MOVEMENT REGARDING AL-MALIKI’S RECORDINGS: HE SPEAKS MORE THAN THAT IN PRIVATE MEETINGS" This appears to have been going on for awhile now. Its about time someone calls him out on it. Now they have the undeniable sticky evidence on Maliki.
7-21-2022 Intel Guru Frank26 This week IMO is special. The week that's coming up, actually Thursday onward.
7-21-2022 Intel Guru MarkZ [via PDK] ...it’s still pretty quiet as to whether tonight is a “go” or not. There is still a lot of anticipation from folks in redemption areas. But, watching things around the world I think we are a little premature. But I know we are awfully close. [Do you mind giving us the latest on what you hear on the rates.] I am still hearing $6 to $8 on the dinar. And around $2.25 on the dong.
7-21-2022 Intel Guru Fleming ...Iraq might, might start at the end of the month. They are still deciding what to do about Maliki, who’s holding up the process making it impossible for the people of Iraq to do anything... the new IQD (at the new in-country rate of $3.22+) is still being traded on the back Bank Screen. It will be brought back anywhere from $3.22 up to $22.00...This is not anything anyone can confirm, unless you have access to back Screens – as a Fed licensed Trader...It will happen when the time is right...Bottom line, the RV is happening...
7-21-2022 Newshound Guru Clare Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" IT IS AMAZING WHAT WE ARE SEEING!!!... IMO WE ARE AT HOME PLATE, BATTER UP, ACTUALLY TWO ... SEATED GOI & CBI ...TAKE THAT SWING... IT WILL SURELY BE A GRAND SLAM! IMO
7-21-2022 Newshound Guru Pimpy In case you forgot, Maliki has a unique little friend up there in the Supreme Judiciary Court. Maliki don't give a crap, he knows nothing's going to happen to him. He has the Supreme Court under his thumb...I'd be surprised if anything [happens] at all. Most likely you're gonna see that the recordings were not legitimate and just let Maliki off. [Post 2 of 2]
7-21-2022 Newshound Guru Pimpy Christmas came early for someone. Possibly some leaked recordings - Al-Maliki making some serious threats about Sadr, his people and his territory. The kind of threats that if the courts find this recording legit is considered a serious crime. Maliki could be looking at life in prison or even execution. [Post 1 of 2....stay tuned]
7-21-2022 Guru Nader From The Mid East Maliki - he might get life in prison or maybe they're gonna kill him...He tried to do a lot of shit. He tried to do a coup a week ago. He tried to take the government by force. He tried to do everything toward Iraq...
7-21-2022 Newshound Guru Sandy Ingram There is a belief that poor and developing countries will become more prosperous and their currency value will increase against the US dollar...this is the category of wealth comes from speculative investing which most of you...have done when we invested in the IQD... [Post 2 of 2]
7-21-2022 Newshound Guru Sandy Ingram Several beliefs are floating around on what the wealth transfer is...Let me make it clear what it is not - No one is going to give us money. You will need to earn it or gain it through investment... [Post 1 of 2....stay tuned]
7-21-2022 Intel Guru MarkZ [via PDK] A lot of people are expecting late today will be our time. I don’t know how to take that one yet…as I havnt seen the changes I wanted…But, on the banking side they are very much expecting fireworks this evening and a rate on Saturday . We will have to wait and see… There are great rumors for tonight going into the weekend…but we shall see. Stay grounded but there is a major push to get this done.
7-21-2022 Newshound Guru Walkingstick [via Frank26] The GOI has worked on 9 tenders with countries around the world...for goods, or services ...beyond their local borders - The EU, the Asian theater etc. many countries. All 9 tenders have been rewritten and recalculated in the form of IQDs. Why would they do this with a CBI program rate? They would never do it. That's why they've never done it. What is about to happen is historical. This is a very telltale sign of what's going on. The government seated will disclose this information very soon.
7-21-2022 Newshound Guru Tivon They just posted the other CBI article yesterday. Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" ...Access to global financial markets? Does that sound like Financial Inclusion to you? What can possibly be added to this monumental news? It's not even 8am and we got this. Quote: "...which will allow you to benefit from many services, including foreign exchange and shares trading, and access to global financial markets..."
7-21-2022 Newshound Guru Kaperoni The recent articles over the last couple days from the advisor to the prime minister is encouraging in the sense that they are working to correct/improve the economy and as a result improve the exchange rate of the dinar. But that does not mean anything is happening overnight.
7-21-2022 Intel Guru Bruce [via WiserNow] ...this thing could fire off where we do get notifications...and go...more likely Thursday...we've been told by more than one that “it will happen this week” - So I'd say that by Thursday or Friday we should be in the redemption centers...
7-21-2022 Intel Guru MarkZ [via PDK] ...it’s still pretty quiet as to whether tonight is a “go” or not. There is still a lot of anticipation from folks in redemption areas. But, watching things around the world I think we are a little premature. But I know we are awfully close. [Do you mind giving us the latest on what you hear on the rates.] I am still hearing $6 to $8 on the dinar. And around $2.25 on the dong.
7-21-2022 Intel Guru Fleming ...Iraq might, might start at the end of the month. They are still deciding what to do about Maliki, who’s holding up the process making it impossible for the people of Iraq to do anything... the new IQD (at the new in-country rate of $3.22+) is still being traded on the back Bank Screen. It will be brought back anywhere from $3.22 up to $22.00...This is not anything anyone can confirm, unless you have access to back Screens – as a Fed licensed Trader...It will happen when the time is right...Bottom line, the RV is happening...
7-21-2022 Newshound Guru Clare Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" IT IS AMAZING WHAT WE ARE SEEING!!!... IMO WE ARE AT HOME PLATE, BATTER UP, ACTUALLY TWO ... SEATED GOI & CBI ...TAKE THAT SWING... IT WILL SURELY BE A GRAND SLAM! IMO
7-21-2022 Newshound Guru Pimpy In case you forgot, Maliki has a unique little friend up there in the Supreme Judiciary Court. Maliki don't give a crap, he knows nothing's going to happen to him. He has the Supreme Court under his thumb...I'd be surprised if anything [happens] at all. Most likely you're gonna see that the recordings were not legitimate and just let Maliki off. [Post 2 of 2]
7-21-2022 Newshound Guru Pimpy Christmas came early for someone. Possibly some leaked recordings - Al-Maliki making some serious threats about Sadr, his people and his territory. The kind of threats that if the courts find this recording legit is considered a serious crime. Maliki could be looking at life in prison or even execution. [Post 1 of 2....stay tuned]
7-21-2022 Guru Nader From The Mid East Maliki - he might get life in prison or maybe they're gonna kill him...He tried to do a lot of shit. He tried to do a coup a week ago. He tried to take the government by force. He tried to do everything toward Iraq...
7-21-2022 Newshound Guru Sandy Ingram There is a belief that poor and developing countries will become more prosperous and their currency value will increase against the US dollar...this is the category of wealth comes from speculative investing which most of you...have done when we invested in the IQD... [Post 2 of 2]
7-21-2022 Newshound Guru Sandy Ingram Several beliefs are floating around on what the wealth transfer is...Let me make it clear what it is not - No one is going to give us money. You will need to earn it or gain it through investment... [Post 1 of 2....stay tuned]
7-21-2022 Intel Guru MarkZ [via PDK] A lot of people are expecting late today will be our time. I don’t know how to take that one yet…as I havnt seen the changes I wanted…But, on the banking side they are very much expecting fireworks this evening and a rate on Saturday . We will have to wait and see… There are great rumors for tonight going into the weekend…but we shall see. Stay grounded but there is a major push to get this done.
7-21-2022 Newshound Guru Walkingstick [via Frank26] The GOI has worked on 9 tenders with countries around the world...for goods, or services ...beyond their local borders - The EU, the Asian theater etc. many countries. All 9 tenders have been rewritten and recalculated in the form of IQDs. Why would they do this with a CBI program rate? They would never do it. That's why they've never done it. What is about to happen is historical. This is a very telltale sign of what's going on. The government seated will disclose this information very soon.
7-21-2022 Newshound Guru Tivon They just posted the other CBI article yesterday. Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" ...Access to global financial markets? Does that sound like Financial Inclusion to you? What can possibly be added to this monumental news? It's not even 8am and we got this. Quote: "...which will allow you to benefit from many services, including foreign exchange and shares trading, and access to global financial markets..."
7-21-2022 Newshound Guru Kaperoni The recent articles over the last couple days from the advisor to the prime minister is encouraging in the sense that they are working to correct/improve the economy and as a result improve the exchange rate of the dinar. But that does not mean anything is happening overnight.
7-21-2022 Intel Guru Bruce [via WiserNow] ...this thing could fire off where we do get notifications...and go...more likely Thursday...we've been told by more than one that “it will happen this week” - So I'd say that by Thursday or Friday we should be in the redemption centers...
7-20-2022 Intel Guru MarkZ [via PDK] There is definitely a high alert for the next 7 hours through early in the next week…on the banker side they are very much thinking 7 hours through the next 4-5 days…that is when they believe we are going to see things. I have a Treasury contact that says sometime over the next 3 weeks…and the absolute worst case scenario from an International contact that says things could drag out as long as September. But, the overwhelming majority...believe it’s absolutely any moment within the next 7 hours to early next week…. Most are watching the next 24 hours.
7-20-2022 Newshound Guru Tivon ...What did Al-Kazemi command of his cabinets on June 23rd? To address the USD rate at the earliest legislative session correct? Well what is coming up this week? ...the EFSL can not work without a rate change...So what does he request of all ministries this past Sunday? To adjust contracts & wages...
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "THE PATRIOTIC UNION OF KURDISTAN EXPLODES A SURPRISE ABOUT THE PRESIDENCY OF THE REPUBLIC" We could be getting very close the conclusion of the new govt. Let us hope & pray there are no other snags...
7-20-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My banking friend says watch for something this week from the CBI in relation to putting the dinar back to the previous rate. Not sure what rate but that's what he told me...not sure if they mean 1200 but we're watching for something from the CBI. Hopefully they will put it back this week. My bank friend is telling me look this coming week... FRANK: Yes, IMO we know there is a change is coming and the fact that they are telling you directly straight to your face is extremely good. We are as close as your breath is to your lungs...
7-20-2022 Newshound Guru Pimpy Until this government is formed, everything is stabilized, it's going to be a while before the exchange rate has changed...
7-20-2022 Intel Guru MarkZ [via PDK] There is so much positive intel and a crazy amount of anticipation today...We continue to get phenomenal news out of Iraq. They are expecting that reset at any moment as far as their value goes….Most of the chatter I am hearing out of Iraq is they expect a reinstatement…which would put the rate in the high $3’s…their articles all talk about “restoring the value of the dinar to prewar rates” ...Stay grounded just in case we get to tomorrow and do not see a rate change. We are in –what appears to be the final days of this... we are hearing good news from everywhere…
7-20-2022 Newshound Guru Samson Article: "After the judiciary opened an investigation into the audio leaks, Al-Maliki may face execution or life" Quote: "If the recording is proven correct according to the judicial investigation, the penalties that will face those who threatened to kill, incitement to civil war, and incitement to attack a holy city, according to the anti-terror law, and the penalty is up to death or life, considering what was stated in the recording is a threat to Iraqi national security and stirs up sectarian strife according to Anti-Terrorism Law No. 13 of 2005."
7-20-2022 Newshound Guru Walkingstick [via Frank26] The monetary reform must be announced after the seating of the government and at that time they will also discuss the dinar's value and billions to be put into circulation in the streets of Iraq for the citizens. This part is for the citizens IQD exchange in country going from the three zero notes to the new small category notes exchange in their country.
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "...IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION" Does Iraq need an international currency to join the WTO? No, they do not however, I believe they are attempting to do so prior to becoming a full member of the WTO. Certainly an international currency would make it much easier to trade if you have a currency on FOREX. Quite frankly, I believe it would be extremely hard for Iraq to conduct major trading of goods and services with the rest of the world through the currency process of the auctions and being pegged solely to the US dollar. The risks would be too high and they know it. This is part of the White Paper reforms to go to FOREX.
7-20-2022 Intel Guru MarkZ [via PDK] News from Iraq is still stunning…. Rumors from Folks on the ground are still looking for the rate this Wednesday or maybe Saturday of this week. This is what they are hopeful for…. We will have to wait and see if it pans out.
7-20-2022 Newshound Guru Tivon ...What did Al-Kazemi command of his cabinets on June 23rd? To address the USD rate at the earliest legislative session correct? Well what is coming up this week? ...the EFSL can not work without a rate change...So what does he request of all ministries this past Sunday? To adjust contracts & wages...
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "THE PATRIOTIC UNION OF KURDISTAN EXPLODES A SURPRISE ABOUT THE PRESIDENCY OF THE REPUBLIC" We could be getting very close the conclusion of the new govt. Let us hope & pray there are no other snags...
7-20-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My banking friend says watch for something this week from the CBI in relation to putting the dinar back to the previous rate. Not sure what rate but that's what he told me...not sure if they mean 1200 but we're watching for something from the CBI. Hopefully they will put it back this week. My bank friend is telling me look this coming week... FRANK: Yes, IMO we know there is a change is coming and the fact that they are telling you directly straight to your face is extremely good. We are as close as your breath is to your lungs...
7-20-2022 Newshound Guru Pimpy Until this government is formed, everything is stabilized, it's going to be a while before the exchange rate has changed...
7-20-2022 Intel Guru MarkZ [via PDK] There is so much positive intel and a crazy amount of anticipation today...We continue to get phenomenal news out of Iraq. They are expecting that reset at any moment as far as their value goes….Most of the chatter I am hearing out of Iraq is they expect a reinstatement…which would put the rate in the high $3’s…their articles all talk about “restoring the value of the dinar to prewar rates” ...Stay grounded just in case we get to tomorrow and do not see a rate change. We are in –what appears to be the final days of this... we are hearing good news from everywhere…
7-20-2022 Newshound Guru Samson Article: "After the judiciary opened an investigation into the audio leaks, Al-Maliki may face execution or life" Quote: "If the recording is proven correct according to the judicial investigation, the penalties that will face those who threatened to kill, incitement to civil war, and incitement to attack a holy city, according to the anti-terror law, and the penalty is up to death or life, considering what was stated in the recording is a threat to Iraqi national security and stirs up sectarian strife according to Anti-Terrorism Law No. 13 of 2005."
7-20-2022 Newshound Guru Walkingstick [via Frank26] The monetary reform must be announced after the seating of the government and at that time they will also discuss the dinar's value and billions to be put into circulation in the streets of Iraq for the citizens. This part is for the citizens IQD exchange in country going from the three zero notes to the new small category notes exchange in their country.
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "...IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION" Does Iraq need an international currency to join the WTO? No, they do not however, I believe they are attempting to do so prior to becoming a full member of the WTO. Certainly an international currency would make it much easier to trade if you have a currency on FOREX. Quite frankly, I believe it would be extremely hard for Iraq to conduct major trading of goods and services with the rest of the world through the currency process of the auctions and being pegged solely to the US dollar. The risks would be too high and they know it. This is part of the White Paper reforms to go to FOREX.
7-20-2022 Intel Guru MarkZ [via PDK] News from Iraq is still stunning…. Rumors from Folks on the ground are still looking for the rate this Wednesday or maybe Saturday of this week. This is what they are hopeful for…. We will have to wait and see if it pans out.
7-19-2022 Intel Guru Frank26 Article: "Trade confirms the preference of local companies in contracts and credits" Quote: "Iraq is open to the world" Oh my goodness! If that is not the definition of Article VIII then I don't know what else is...You know they've been Article VIII for a very long time. You know they've been out of Chapter VII for a very long time...now the fact that the contracts are being rewritten? Wow. I wonder why? Because they were rewritten in the Iraqi dinar. Wow. I wonder why? Because the Iraqi dinar will be at a new exchange rate.
7-19-2022 Guru Nader From The Mid East The only people who can make a decision is the Minister of Finance and the CBI. No body else. No Al-Kazemi. No Maliki. No Sadr. No parliament. No President of the Republic. No matter how much power these people got...It's not gonna be the IMF. It's not gonna be the World Bank. It's not gonna be all that. It's gonna be the CBI. You have to watch the CBI...It's gonna happen when the CBI is ready...
7-19-2022 Newshound Guru Tivon ...Iraqis will experience Purchasing Power. The International Monetary Fund, the World Bank, the World Food Program of the United Nations and the World Trade Organization all held meetings on the EFSL. They all agreed that this law will open Iraq up to open trade which is the international markets. The EFSL stabilized the markets. They also said that the EFSL will vitalize the economy.
7-19-2022 Newshound Guru Pimpy ...There are others out there who are making the claims that one of the things that will bring peace to the nation is an increase in the Iraqi dinar rate. That's not going to bring peace between all the internal fighting because it's not about the money. It's about the power. It's about the control. Making the claim that they're going to change Iraqi dinar in order to keep things peaceful there and to move everything along is bull crap. The last thing you want is Maliki in there as prime minister. No amount of rate change for the Iraqi people is going to smooth that over...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “Iraq is moving to prepare special documents fir joining the WTO” (World Trade organization) There is something pretty important about joining the WTO….you need a real currency…an internationally accepted and recognized currency to join the WTO. You cannot have a currency with restrictions on it. You cannot have a currency with no value on it...they are giving us all the signs we need to see that this RV thing is getting close. ...Most of my people indicate Wed or Thurs of this week is the goal they hope to reach...
7-19-2022 Newshound Guru Kaperoni The advisor to the prime minister clarified today that the government's intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms in both financial and economic that would create the desired development...only with the success and growth of Iraq's economy can the dinar go up in value.
7-19-2022 Newshound Guru Militiaman Article: "Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change" Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing" These two articles are saying what we already know about the exchange rate...now it is setting the stage for the private sector. The private sector is massive.. Total is a French private company that had contracts that were torn up and rewrote in Dinar and not USD. They reduced the Dinar to 1460 years ago already and now it is time to go back to where it was in a previous era. 1190 IQD/1 USD is not a place in that equation. It doesn't work in a market economy.
7-19-2022 Intel Guru Frank26 There are some gurus out there saying, 'It already happened. It's an RV. The RV is happening right now!'...it's not true...there is no RV. That has been accomplished years ago. This is an RI...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self financing” so with this on top of what [Guru] Nader is saying that the RV is happening [See his post below] …this is the chatter on the streets of Iraq... We are crazy close.
7-19-2022 Guru Nader From The Mid East The only people who can make a decision is the Minister of Finance and the CBI. No body else. No Al-Kazemi. No Maliki. No Sadr. No parliament. No President of the Republic. No matter how much power these people got...It's not gonna be the IMF. It's not gonna be the World Bank. It's not gonna be all that. It's gonna be the CBI. You have to watch the CBI...It's gonna happen when the CBI is ready...
7-19-2022 Newshound Guru Tivon ...Iraqis will experience Purchasing Power. The International Monetary Fund, the World Bank, the World Food Program of the United Nations and the World Trade Organization all held meetings on the EFSL. They all agreed that this law will open Iraq up to open trade which is the international markets. The EFSL stabilized the markets. They also said that the EFSL will vitalize the economy.
7-19-2022 Newshound Guru Pimpy ...There are others out there who are making the claims that one of the things that will bring peace to the nation is an increase in the Iraqi dinar rate. That's not going to bring peace between all the internal fighting because it's not about the money. It's about the power. It's about the control. Making the claim that they're going to change Iraqi dinar in order to keep things peaceful there and to move everything along is bull crap. The last thing you want is Maliki in there as prime minister. No amount of rate change for the Iraqi people is going to smooth that over...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “Iraq is moving to prepare special documents fir joining the WTO” (World Trade organization) There is something pretty important about joining the WTO….you need a real currency…an internationally accepted and recognized currency to join the WTO. You cannot have a currency with restrictions on it. You cannot have a currency with no value on it...they are giving us all the signs we need to see that this RV thing is getting close. ...Most of my people indicate Wed or Thurs of this week is the goal they hope to reach...
7-19-2022 Newshound Guru Kaperoni The advisor to the prime minister clarified today that the government's intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms in both financial and economic that would create the desired development...only with the success and growth of Iraq's economy can the dinar go up in value.
7-19-2022 Newshound Guru Militiaman Article: "Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change" Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing" These two articles are saying what we already know about the exchange rate...now it is setting the stage for the private sector. The private sector is massive.. Total is a French private company that had contracts that were torn up and rewrote in Dinar and not USD. They reduced the Dinar to 1460 years ago already and now it is time to go back to where it was in a previous era. 1190 IQD/1 USD is not a place in that equation. It doesn't work in a market economy.
7-19-2022 Intel Guru Frank26 There are some gurus out there saying, 'It already happened. It's an RV. The RV is happening right now!'...it's not true...there is no RV. That has been accomplished years ago. This is an RI...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self financing” so with this on top of what [Guru] Nader is saying that the RV is happening [See his post below] …this is the chatter on the streets of Iraq... We are crazy close.
7-18-2022 Newshound Guru Tivon We are pushing through with continuous progress. I love where we are at. It's a beautiful thing I tell you. What Al-Kazemi pulled off is astonishing.
7-18-2022 Intel Guru MarkZ [via PDK] This is their attempt to pull in as much dinar as possible before that RV trigger is pulled. When will that trigger be pulled? I don’t know- but there are a lot of rumors for Wednesday. A fair number of rumors for Saturday... Lots of rumors for very, very soon… None of us are going to know the exact day and time. [post 2 of 2]
7-18-2022 Intel Guru MarkZ [via PDK] I had an interesting conversation with an Iraqi source this afternoon. They said that they are using local currency options in order to pull as much dinar off the streets as possible. Their foreign reserves have a lot of US dollars in them…They also have other currencies from around the region in their foreign currency reserves…so instead of using dinar in their currency auctions they are using those and letting people turn in their dinar for them…people are getting a better than normal exchange rate for them. [post 1 of 2....stay tuned]
7-18-2022 Intel Guru Frank26 Article: "Al-Kazemi's advisor : Iraq will open 3 files at the Saudi summit". OF THE 3 THE FIRST ONE WAS PRIORITY FOR THE GOI AND KAZEMI...THE EXCHANGE RATE OF THEIR CURRENCY...
7-18-2022 Newshound Guru MilitiaMan When there is a need to nullify contracts, fixing contracts, adjusting daily wages and supporting the ration cards. It suggests that they have a change coming, or they wouldn't need to nullify or adjust anything...the likelihood that there is big changes coming on many fronts is quite clear.. imo
7-18-2022 Newshound Guru Pimpy They need to form a government. Right now there's a lot of infighting happening. Any hopes of the Coordinated Framework being able to form any possible government have to include al-Kazemi as prime minister and not allow Maliki in any part of it. Because if they do and I can promise you this if there's a huge uprising this is going to last months. It's going to affect the economy. It's going to effect the security of the country. There's going to be a lot of problems. All this is going to do is delay any possibilities of increasing the rate of the Iraqi dinar...
7-18-2022 Newshound Guru Samson Article: "300 thousand barrels per day .. Iraq is the fourth largest oil exporter to America"
7-18-2022 Intel Guru MarkZ [via PDK] I agree with him [Guru Nader] …things are really heating up! ...When you see Nader excited…I believe there is something to be excited about. [reference Guru Nader's post below] Last week I was hearing to look at mid week this week. This is exactly what is expected. The rumors are they are hoping for a new rate Wednesday or possibly Saturday in Iraq in the Gazette. (remember its all rumors until we have money in our pockets)
7-18-2022 Newshound Guru Kaperoni ...A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by decision, but by real economic reforms, increasing investments in the country. This article confirms what I have been saying...It's always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work.. It goes against the idea also of a currency exchange LOP.
7-18-2022 Newshound Guru Tivon Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing". They will by default increase oil revenues once they return the price of the USD. Especially the French oil deal with "Total, who had signed off on a 40% cut of that revenue with the four projects in development. 1:1 will definitely move numbers for everyone involved in Iraq's private sector. We are entering the final phase. You can tell they have been sitting on this information and couldn't wait to share.
7-18-2022 Guru Nader From The Mid East I got the great news for you guys this morning. I received the call around 3 o'clock this morning from my dad. He sent me this news but it's in Arabic...the good news is it's happening. How much? I don't know yet. You should know this week how much. They said they're putting it back. I hope not 1200...I think it's going to happen this week. You'll see the news later on coming out saying one guy of the CBI calling all the investors to come back to Iraq and invest in Iraq because good news they're gonna put back the dinar...
7-18-2022 Newshound Guru butterfly Article: "Iraq is moving to prepare special documents for joining the WTO" Quote: "the importance of Iraq's accession to the organization, as it deserves to be part of the international trade, industrial and economic community, especially since its accession will be part of this international community and can organize its economic and commercial policies, including trade exchange in accordance with international laws that serve it with all concerned parties dealing with it in the future.”
7-18-2022 Intel Guru MarkZ [via PDK] This is their attempt to pull in as much dinar as possible before that RV trigger is pulled. When will that trigger be pulled? I don’t know- but there are a lot of rumors for Wednesday. A fair number of rumors for Saturday... Lots of rumors for very, very soon… None of us are going to know the exact day and time. [post 2 of 2]
7-18-2022 Intel Guru MarkZ [via PDK] I had an interesting conversation with an Iraqi source this afternoon. They said that they are using local currency options in order to pull as much dinar off the streets as possible. Their foreign reserves have a lot of US dollars in them…They also have other currencies from around the region in their foreign currency reserves…so instead of using dinar in their currency auctions they are using those and letting people turn in their dinar for them…people are getting a better than normal exchange rate for them. [post 1 of 2....stay tuned]
7-18-2022 Intel Guru Frank26 Article: "Al-Kazemi's advisor : Iraq will open 3 files at the Saudi summit". OF THE 3 THE FIRST ONE WAS PRIORITY FOR THE GOI AND KAZEMI...THE EXCHANGE RATE OF THEIR CURRENCY...
7-18-2022 Newshound Guru MilitiaMan When there is a need to nullify contracts, fixing contracts, adjusting daily wages and supporting the ration cards. It suggests that they have a change coming, or they wouldn't need to nullify or adjust anything...the likelihood that there is big changes coming on many fronts is quite clear.. imo
7-18-2022 Newshound Guru Pimpy They need to form a government. Right now there's a lot of infighting happening. Any hopes of the Coordinated Framework being able to form any possible government have to include al-Kazemi as prime minister and not allow Maliki in any part of it. Because if they do and I can promise you this if there's a huge uprising this is going to last months. It's going to affect the economy. It's going to effect the security of the country. There's going to be a lot of problems. All this is going to do is delay any possibilities of increasing the rate of the Iraqi dinar...
7-18-2022 Newshound Guru Samson Article: "300 thousand barrels per day .. Iraq is the fourth largest oil exporter to America"
7-18-2022 Intel Guru MarkZ [via PDK] I agree with him [Guru Nader] …things are really heating up! ...When you see Nader excited…I believe there is something to be excited about. [reference Guru Nader's post below] Last week I was hearing to look at mid week this week. This is exactly what is expected. The rumors are they are hoping for a new rate Wednesday or possibly Saturday in Iraq in the Gazette. (remember its all rumors until we have money in our pockets)
7-18-2022 Newshound Guru Kaperoni ...A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by decision, but by real economic reforms, increasing investments in the country. This article confirms what I have been saying...It's always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work.. It goes against the idea also of a currency exchange LOP.
7-18-2022 Newshound Guru Tivon Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing". They will by default increase oil revenues once they return the price of the USD. Especially the French oil deal with "Total, who had signed off on a 40% cut of that revenue with the four projects in development. 1:1 will definitely move numbers for everyone involved in Iraq's private sector. We are entering the final phase. You can tell they have been sitting on this information and couldn't wait to share.
7-18-2022 Guru Nader From The Mid East I got the great news for you guys this morning. I received the call around 3 o'clock this morning from my dad. He sent me this news but it's in Arabic...the good news is it's happening. How much? I don't know yet. You should know this week how much. They said they're putting it back. I hope not 1200...I think it's going to happen this week. You'll see the news later on coming out saying one guy of the CBI calling all the investors to come back to Iraq and invest in Iraq because good news they're gonna put back the dinar...
7-18-2022 Newshound Guru butterfly Article: "Iraq is moving to prepare special documents for joining the WTO" Quote: "the importance of Iraq's accession to the organization, as it deserves to be part of the international trade, industrial and economic community, especially since its accession will be part of this international community and can organize its economic and commercial policies, including trade exchange in accordance with international laws that serve it with all concerned parties dealing with it in the future.”
7-17-2022 Intel Guru Frank26 Question: "Do you think banks are the only place to exchange and exchange centers are a myth?" Exchange centers are banks. They're not myths. The myth may be that you're hearing that there's going to be banks that represent Iraq...
7-17-2022 Newshound Guru Sandy Ingram This is what the prime minister said directly to the media - indicators from the world bank confirmed that Iraq has succeeded in getting past the economic crisis. The PM also went on to mention the reform represented by the white papers. For us as investors it doesn't take take a law degree to understand that the existing prime minister has performed well as he had led the country from almost a collapse to stability. Iraq's inclusion in the GCC plus three meeting with President Biden was invited by Saudi Arabia's king...
7-17-2022 Newshound Guru Pimpy Is it possible that there are two rates being kept, one that is available to the public today and another one that lets us know the true value of the Iraqi dinar that is not yet available to the public?
7-17-2022 Newshound Guru Tivon You don't want to end up like these sports players who outsource the entire responsibility...to accountants who end up taking or stealing 60-70% of their earnings...New money brings out predatory parasites...Build your team. From top to bottom you should know what their roles are and how your money is doing under them. The business world is a ruthless place. You basically stepping into the octagon. So please understand that it's all business. Do not make emotional business decisions. [Post 2 of 2]
7-17-2022 Newshound Guru Tivon I hope everyone is ready with the necessary resources to protect their money and also...to grow their wealth...The responsibility lies upon you. Lawyers, Attorneys, Accounts, Investment Advisor, Wealth Management, Consultants, Account Managers. You will have to cultivate business relationships with people who you are going to have to vet...their background...their history with other clients and their success rate. You being busy or claiming to not have time due to work is not going to cut it. [Post 1 of 2....stay tuned]
7-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everything is ready at the CBI for the new exchange rate. The only only action right now is the constant recalculations of the barrel of Iraqi oil...What do you think oil is going to get too? ...$150.
7-17-2022 Newshound Guru Samson Article: "Shocking number... How much is the percentage of 'idle money' in Iraq?" Quote: "70% of the money in Iraq is hoarded in homes, that is, idle, and far from the banks that, if invested, would move economic activities, explaining, that "leaving this money away from the banks is a strategic mistake that needs solutions."
7-17-2022 Newshound Guru NORV [aka Guru Kaperoni] The money supply in Iraq has been reduced. No longer 103 trillion, but now 83 trillion. Still an astronomical amount which Iraq could never RV but still some progress. here is the article quote... "Ihsan Shamran: The money printed in Iraq now equals 83 trillion dinars," he is the deputy gov of the CBI.
7-17-2022 Newshound Guru Sandy Ingram This is what the prime minister said directly to the media - indicators from the world bank confirmed that Iraq has succeeded in getting past the economic crisis. The PM also went on to mention the reform represented by the white papers. For us as investors it doesn't take take a law degree to understand that the existing prime minister has performed well as he had led the country from almost a collapse to stability. Iraq's inclusion in the GCC plus three meeting with President Biden was invited by Saudi Arabia's king...
7-17-2022 Newshound Guru Pimpy Is it possible that there are two rates being kept, one that is available to the public today and another one that lets us know the true value of the Iraqi dinar that is not yet available to the public?
7-17-2022 Newshound Guru Tivon You don't want to end up like these sports players who outsource the entire responsibility...to accountants who end up taking or stealing 60-70% of their earnings...New money brings out predatory parasites...Build your team. From top to bottom you should know what their roles are and how your money is doing under them. The business world is a ruthless place. You basically stepping into the octagon. So please understand that it's all business. Do not make emotional business decisions. [Post 2 of 2]
7-17-2022 Newshound Guru Tivon I hope everyone is ready with the necessary resources to protect their money and also...to grow their wealth...The responsibility lies upon you. Lawyers, Attorneys, Accounts, Investment Advisor, Wealth Management, Consultants, Account Managers. You will have to cultivate business relationships with people who you are going to have to vet...their background...their history with other clients and their success rate. You being busy or claiming to not have time due to work is not going to cut it. [Post 1 of 2....stay tuned]
7-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everything is ready at the CBI for the new exchange rate. The only only action right now is the constant recalculations of the barrel of Iraqi oil...What do you think oil is going to get too? ...$150.
7-17-2022 Newshound Guru Samson Article: "Shocking number... How much is the percentage of 'idle money' in Iraq?" Quote: "70% of the money in Iraq is hoarded in homes, that is, idle, and far from the banks that, if invested, would move economic activities, explaining, that "leaving this money away from the banks is a strategic mistake that needs solutions."
7-17-2022 Newshound Guru NORV [aka Guru Kaperoni] The money supply in Iraq has been reduced. No longer 103 trillion, but now 83 trillion. Still an astronomical amount which Iraq could never RV but still some progress. here is the article quote... "Ihsan Shamran: The money printed in Iraq now equals 83 trillion dinars," he is the deputy gov of the CBI.
7-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Interviews by the advisor to Kazemi are talking about how things are looking great for the economic change to take place and reforms accelerated all do to the white papers... FRANK: ...You know very well that the new exchange rate is in those white papers...Kazemi had a plan. You're watching it unfold.
7-16-2022 Newshound Guru Tivon Article "Parliamentary Finance excludes the existence of a budget for 2022 and explains the reason" ...They do not need the general budget for this year. The EFSL will take care of everything that matters for the citizens and the economy. And whatever funds are leftover from the EFSL can go into the 2023 Budget. So now you can see they have no choice but to pick PM Al-Kazemi for the remainder of the year into the next. Passing a budget would not make an iota of sense. Now they are forced to play a different game.
7-16-2022 Newshound Guru Pimpy So the big question is once the Forex starts trading Iraqi Dinar would $1.71 be approximately the actual rate of the dinar? ...Let's just say for the sake of it that this is going to be close to what the actual rate of the dinar is going to be...to get this particular exchange rate they're going to have to decrease the amount of Iraqi dinars in circulation. That's why we hear so much talk about the deletion of the zeros...
7-16-2022 Intel Guru MarkZ [via PDK] I’m getting fantastic chatter out of Iraq... I’m hearing things look good for this coming Wednesday…including a rate in the Gazette…. I am hearing from all my sources that short of a serious curve…they are pushing for it very soon. I hope this is accurate but we all need to manage our expectations... My redemption people have not been called in today…so I believe this weekend is out…. I really hope to be proven incorrect and get a call to the contrary…but, I am hearing phenomenal things to happen over the next 5 days or so...
7-16-2022 Newshound Guru Samson Article: "Al-Kazemi and his government enter a closed meeting with Biden in Jeddah"
7-16-2022 Newshound Guru Kaperoni Excellent interview tonight posted with the deputy governor of the central bank on Iraq...Ihsan Shamran. He mentions the money printed in Iraq now is 83 trillion dinar. Clearly, one who is reasonable understands there can never be a RV with that much dinar in circulation...Exchange rates are tools used by central banks to counter economic issues such as inflation, economic growth etc. Therefore, any change in the exchange rate would be gradual as the economy grows.
7-16-2022 Newshound Guru Militiaman Article: "Alia Nassif comments on the revenues achieved by customs in Iraq" That 95% oil revenues is going to be batched [matched?] by the borders, liquid natural gas, mining, tourism, etc.. The size of the money flow is going to be staggering. Everyone knows it...
7-16-2022 Newshound Guru Tivon I am showing you why we basically have not seen the exchange rate. They need the Oil & Gas Law in place on a constitutional basis in order to maximize profits for the new exchange rate to mean anything for the overall GDP internationally. This is why the 1:1 out of the gate makes sense. Because of the oil price.
7-16-2022 Intel Guru MarkZ [via PDK] [Any news on Iraq setting their new rate?] Lots of rumors about them setting their rate…on Saturday or possibly next Wednesday are options… There has been leaked information about Christine Lagarde talking about a flipping of the financial system that is supposed to occur on the 21st… I can’t imagine they can keep this under wraps but there really is a lot of chatter from Christine Lagarde on that front...
7-16-2022 Newshound Guru Clare Article: "Framework: Choosing the Prime Minister during the next few days, and we call for a parliamentary session next week urgent"
7-16-2022 Intel Guru Holly ...What we are waiting on has in fact started quite a while ago. They are working through the different tiers. We are not waiting for anything to start. It has started. What we are waiting on is the release at our level...
7-16-2022 Newshound Guru Tivon Article "Parliamentary Finance excludes the existence of a budget for 2022 and explains the reason" ...They do not need the general budget for this year. The EFSL will take care of everything that matters for the citizens and the economy. And whatever funds are leftover from the EFSL can go into the 2023 Budget. So now you can see they have no choice but to pick PM Al-Kazemi for the remainder of the year into the next. Passing a budget would not make an iota of sense. Now they are forced to play a different game.
7-16-2022 Newshound Guru Pimpy So the big question is once the Forex starts trading Iraqi Dinar would $1.71 be approximately the actual rate of the dinar? ...Let's just say for the sake of it that this is going to be close to what the actual rate of the dinar is going to be...to get this particular exchange rate they're going to have to decrease the amount of Iraqi dinars in circulation. That's why we hear so much talk about the deletion of the zeros...
7-16-2022 Intel Guru MarkZ [via PDK] I’m getting fantastic chatter out of Iraq... I’m hearing things look good for this coming Wednesday…including a rate in the Gazette…. I am hearing from all my sources that short of a serious curve…they are pushing for it very soon. I hope this is accurate but we all need to manage our expectations... My redemption people have not been called in today…so I believe this weekend is out…. I really hope to be proven incorrect and get a call to the contrary…but, I am hearing phenomenal things to happen over the next 5 days or so...
7-16-2022 Newshound Guru Samson Article: "Al-Kazemi and his government enter a closed meeting with Biden in Jeddah"
7-16-2022 Newshound Guru Kaperoni Excellent interview tonight posted with the deputy governor of the central bank on Iraq...Ihsan Shamran. He mentions the money printed in Iraq now is 83 trillion dinar. Clearly, one who is reasonable understands there can never be a RV with that much dinar in circulation...Exchange rates are tools used by central banks to counter economic issues such as inflation, economic growth etc. Therefore, any change in the exchange rate would be gradual as the economy grows.
7-16-2022 Newshound Guru Militiaman Article: "Alia Nassif comments on the revenues achieved by customs in Iraq" That 95% oil revenues is going to be batched [matched?] by the borders, liquid natural gas, mining, tourism, etc.. The size of the money flow is going to be staggering. Everyone knows it...
7-16-2022 Newshound Guru Tivon I am showing you why we basically have not seen the exchange rate. They need the Oil & Gas Law in place on a constitutional basis in order to maximize profits for the new exchange rate to mean anything for the overall GDP internationally. This is why the 1:1 out of the gate makes sense. Because of the oil price.
7-16-2022 Intel Guru MarkZ [via PDK] [Any news on Iraq setting their new rate?] Lots of rumors about them setting their rate…on Saturday or possibly next Wednesday are options… There has been leaked information about Christine Lagarde talking about a flipping of the financial system that is supposed to occur on the 21st… I can’t imagine they can keep this under wraps but there really is a lot of chatter from Christine Lagarde on that front...
7-16-2022 Newshound Guru Clare Article: "Framework: Choosing the Prime Minister during the next few days, and we call for a parliamentary session next week urgent"
7-16-2022 Intel Guru Holly ...What we are waiting on has in fact started quite a while ago. They are working through the different tiers. We are not waiting for anything to start. It has started. What we are waiting on is the release at our level...
7-15-2022 Intel Guru MarkZ [via PDK] The phone has been lighting up today about what is expected between now and the 21st as far as disclosure... Some folks are expecting to see a new rate in the Gazette paper tomorrow. Personally I am not. My sources say tomorrow is not the day. They think it is very close…just not tomorrow...in Iraq we are getting pictures of large scale gatherings in the streets... [Eid Al Adha Holiday]... may have something to do with it. I was told that they wanted to release the RV during one of their holidays so they really have something to celebrate. That is very important to them…So I would not be surprised to see it go.
7-15-2022 Newshound Guru Tivon Here is another thing that supports my opinion as far as the CBI waiting to pull the trigger once Al-Kazemi gives the green light. Why do you think he wanted to wait to address the USD rate reduction in the next legislative session? Because the Oil & Gas Law is in the same session.
7-15-2022 Newshound Guru Kaperoni Iraq has two choices with the currency. The first one is if they don't develop the economy as expected they will have no option but to replace the currency (LOP). The second option is to launch the white paper, fully diversify their economy by creating a private sector, foreign investment, etc. Doing so would allow them to float the currency and have it gradually appreciate as the economy grows...
7-15-2022 Newshound Guru Pimpy If you go to...the foreign exchange website and try to look up the IQD which is the Iraqi dinar you can see it says "At this Forex.com does not offer trading in the Iraqi dinar." That means it's still under some types of restrictions. It's not being bought, sold or traded on the Forex...
7-15-2022 Intel Guru MarkZ [via PDK] Not a huge amount of news but a lot of expectation. Nobody with money in their pockets they can spend right now…I am hearing from many sources that they expect to launch tomorrow… I am hearing from other sources they expect to launch the 21st… I think we are going to have a very busy few days with news… There is all kinds of chatter from redemption areas that money is moving…but until I know people with money in their hands I’m not going to get excited... The news has me a bit giddy, but I’m not going to get too excited yet until when I jump up and dance and my pockets go jingle jingle…
7-15-2022 Intel Guru Bruce [via WiserNow] We have it on good authority that Iraq will do their RV...that should mean bring their rate out. Have it officially announced on Friday [today]...we have a certain delegation from the United States that is on their way...to Iraq...getting that as a done deal. This weekend - Totally done deal... We know... Kazemi...is prime minister. He is seated and will be announcing that as Prime Minister [Friday] or Saturday...And it could be very well that the Iraqi dinar rate will make its way finally into the printed gazette Saturday. I really do believe this is going to be the timing for us...
7-15-2022 Intel Guru Frank26 FRANK: What is the confidence? A new government announced. FIREFLY: If it is a solid government and backs the citizens then we feel good for the CBI to change because the environment will be ready...if the same old crooks get all back in there will be no change... FRANK: ...exciting times are right before you... [Post 2 of 2]
7-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Outcome of the formation of the government is what the CBI is waiting for. FRANK: Sit the government down! ...It's a chain reaction. Something has to happen for something else to happen and then for something else to happen and then once all that happens then you got the 3 things...#1...is the exchange rate...The CBI governor is looking for the confidence to give Kazemi the new exchange rate. [Post 1 of 2....stay tuned]
7-15-2022 Newshound Guru MilitiaMan Article: "Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy" Three options Two of which are in favor for Al-Kahdimi...The most realistic view imo is that from what I know to be true is that presently the PM has necessary powers that were outlined in the constitution and likely to be in the EFSL / White Papers.
7-15-2022 Newshound Guru Tivon ...Out of all the years we have been in this investment. They decided right after the EFSL was passed to vote on reducing the USD exchange rate? Why? Maybe because if they don't the Oil & Gas Law will not make the big splash in Purchasing Power they are looking for...This is one of the reasons why timing plays a major key ...They need to have both of these ready in conjunction because one can harm the other if acted on prematurely.
7-15-2022 Intel Guru MarkZ [via PDK] [Do we have to have a trust and a EIN to exchange?] No you do not... I have been told explicitly by banking contacts that this is BS…but they suggest everyone learn about trusts for after the RV to protect your wealth. [Always check with your financial professional at the appropriate time]
7-15-2022 Newshound Guru Mnt Goat Article quote: “there are fixed facts on the ground. The exchange rate of the dinar to the dollar follows stability, and it is not arbitrary, but rather a contract between the Central Bank of Iraq and the Ministry of Finance”. ...changing the exchange rate does not “just happen” on a whim by the CBI. No one is mysteriously just going to trigger an RV... Instead, it is a coordinated effort between the GOI and the CBI.
7-15-2022 Newshound Guru Tivon Here is another thing that supports my opinion as far as the CBI waiting to pull the trigger once Al-Kazemi gives the green light. Why do you think he wanted to wait to address the USD rate reduction in the next legislative session? Because the Oil & Gas Law is in the same session.
7-15-2022 Newshound Guru Kaperoni Iraq has two choices with the currency. The first one is if they don't develop the economy as expected they will have no option but to replace the currency (LOP). The second option is to launch the white paper, fully diversify their economy by creating a private sector, foreign investment, etc. Doing so would allow them to float the currency and have it gradually appreciate as the economy grows...
7-15-2022 Newshound Guru Pimpy If you go to...the foreign exchange website and try to look up the IQD which is the Iraqi dinar you can see it says "At this Forex.com does not offer trading in the Iraqi dinar." That means it's still under some types of restrictions. It's not being bought, sold or traded on the Forex...
7-15-2022 Intel Guru MarkZ [via PDK] Not a huge amount of news but a lot of expectation. Nobody with money in their pockets they can spend right now…I am hearing from many sources that they expect to launch tomorrow… I am hearing from other sources they expect to launch the 21st… I think we are going to have a very busy few days with news… There is all kinds of chatter from redemption areas that money is moving…but until I know people with money in their hands I’m not going to get excited... The news has me a bit giddy, but I’m not going to get too excited yet until when I jump up and dance and my pockets go jingle jingle…
7-15-2022 Intel Guru Bruce [via WiserNow] We have it on good authority that Iraq will do their RV...that should mean bring their rate out. Have it officially announced on Friday [today]...we have a certain delegation from the United States that is on their way...to Iraq...getting that as a done deal. This weekend - Totally done deal... We know... Kazemi...is prime minister. He is seated and will be announcing that as Prime Minister [Friday] or Saturday...And it could be very well that the Iraqi dinar rate will make its way finally into the printed gazette Saturday. I really do believe this is going to be the timing for us...
7-15-2022 Intel Guru Frank26 FRANK: What is the confidence? A new government announced. FIREFLY: If it is a solid government and backs the citizens then we feel good for the CBI to change because the environment will be ready...if the same old crooks get all back in there will be no change... FRANK: ...exciting times are right before you... [Post 2 of 2]
7-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Outcome of the formation of the government is what the CBI is waiting for. FRANK: Sit the government down! ...It's a chain reaction. Something has to happen for something else to happen and then for something else to happen and then once all that happens then you got the 3 things...#1...is the exchange rate...The CBI governor is looking for the confidence to give Kazemi the new exchange rate. [Post 1 of 2....stay tuned]
7-15-2022 Newshound Guru MilitiaMan Article: "Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy" Three options Two of which are in favor for Al-Kahdimi...The most realistic view imo is that from what I know to be true is that presently the PM has necessary powers that were outlined in the constitution and likely to be in the EFSL / White Papers.
7-15-2022 Newshound Guru Tivon ...Out of all the years we have been in this investment. They decided right after the EFSL was passed to vote on reducing the USD exchange rate? Why? Maybe because if they don't the Oil & Gas Law will not make the big splash in Purchasing Power they are looking for...This is one of the reasons why timing plays a major key ...They need to have both of these ready in conjunction because one can harm the other if acted on prematurely.
7-15-2022 Intel Guru MarkZ [via PDK] [Do we have to have a trust and a EIN to exchange?] No you do not... I have been told explicitly by banking contacts that this is BS…but they suggest everyone learn about trusts for after the RV to protect your wealth. [Always check with your financial professional at the appropriate time]
7-15-2022 Newshound Guru Mnt Goat Article quote: “there are fixed facts on the ground. The exchange rate of the dinar to the dollar follows stability, and it is not arbitrary, but rather a contract between the Central Bank of Iraq and the Ministry of Finance”. ...changing the exchange rate does not “just happen” on a whim by the CBI. No one is mysteriously just going to trigger an RV... Instead, it is a coordinated effort between the GOI and the CBI.
7-14-2022 Newshound Guru Tivon The reason you are not at the bank yet is because they will not enrich us at the expense of their citizens...So how will they protect themselves from the onset of the reinstatement? The Oil & Gas Law... Why would they release the new exchange rate and lose trillions of dollars by not having the HCL in place prior to the reinstatement? ...All they needed was a legal standing to support the move. Now they do thanks to the publication of the EFSL in the Gazette.
7-14-2022 Intel Guru MarkZ [via PDK] This is exactly what we saw in Kuwait and China just before they RV’d. Why would they be printing and letting us know their lower denominations are ready if they have no intention of pulling that trigger. It is not a secret in their markets that they have printed lower denominations. Why do they tell us it will be 3 -5 years? Because they don’t want us to know the timing. Nobody panic. Just keep your eyes on the goal. [post 2 of 2]
7-14-2022 Intel Guru MarkZ [via PDK] We are getting a statement from the CBI yet again that there will be 3-5 years before they change the rate. Nobody Panic….This is what we saw in Kuwait. This is interesting especially since it comes on the heels of them talking their economic reforms and the need to move their currency value up in order to force de-dollarization in the markets. They are sending out absolute bi-polar messages right now which is what we expect in the end. [post 1 of 2....stay tuned]
7-14-2022 Newshound Guru Samson Article: "Iraqi tourists spent more than $100 million in 10 days" Quote: "more than 500 flights were recorded during the first days of the month of Dhul-Hijjah until Eid, adding that more than 100,000 Iraqi tourists left Iraq during this period (excluding pilgrims). He explained that the exchange rate for one tourist, including transportation and accommodation fees, is more than $1,000"
7-14-2022 Intel Guru Frank26 This is from the Deputy Governor...listen carefully to his words. When the economic situation is better he will consider a raise in the exchange rate. That means a seated government ... with laws, a new budget to improve the economic situation which is called the economic reform that can only be improved with a monetary reform first. But the conditions have to be right...we are waiting for the governor of the CBI to feel comfortable and he's telling you he's not comfortable until he sees a seated government under Kazemi. No one else. [Post 2 of 2]
7-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor himself is being interviewed and he's saying that there's no justification to change the exchange rate. He's saying that the current economic situation does not call for a change and he's looking for confidence...he's saying this could be the rate for another 3 to 5 years...it all depends on the economic situation. FRANK: How's the economic situation? It sucks! Of course you're not going to have an exchange rate. [Post 1 of 2....stay tuned]
7-14-2022 Intel Guru MarkZ [via PDK] Some positive news coming out of Iraq. “Al-Kazemi: Biden must realize the determination of the Iraqi people to solve their own problems” In a nutshell guys – they have made huge progress. Seating the government should be done at any moment-which , we are being told, will allow us to move forward... I believe we are at any moment. There is a lot of chatter from the 16th to the 19th...
7-14-2022 Newshound Guru MilitiaMan ...We know for [from?] the Supreme Judicial Council that the "necessary powers" have been granted to Kahdimi and we see evidence of that with the EFSL published in the Gazette this last week...the CBI has been imo given the green light. They have had stellar reports form the World Bank and IMF in recent past as well.
7-14-2022 Newshound Guru Tivon We got one major obstacle out of the way by having the EFSL published in the Gazette...This is where the Purchasing Power for the citizens lie. Do they have to wait to reinstate until the Oil & Gas Law is done? I wouldn't explicitly say so. But securing this particular law can contribute to the citizens having PP out the gate from the onset of the CBI releasing the rate on the same day or week... Blitz Play coming up. IMO
7-14-2022 Newshound/Intel Guru Mnt Goat What we...wait for is the announcement from the CBI telling us about the exchange process of turning in the higher three zero notes for the lower denominations and how it will all work. NO, this education process HAS NOT yet taken place I can assure you this FACT.
7-14-2022 Intel Guru Bruce [via WiserNow] ...I'm being told that we should...receive notifications in the next couple of days. And I believe our exchanges are to start either Thursday the 14th or Friday the 15th that came from a very, very high up source just today...Stay positive we are getting down to the wire...
7-14-2022 Intel Guru MarkZ [via PDK] This is exactly what we saw in Kuwait and China just before they RV’d. Why would they be printing and letting us know their lower denominations are ready if they have no intention of pulling that trigger. It is not a secret in their markets that they have printed lower denominations. Why do they tell us it will be 3 -5 years? Because they don’t want us to know the timing. Nobody panic. Just keep your eyes on the goal. [post 2 of 2]
7-14-2022 Intel Guru MarkZ [via PDK] We are getting a statement from the CBI yet again that there will be 3-5 years before they change the rate. Nobody Panic….This is what we saw in Kuwait. This is interesting especially since it comes on the heels of them talking their economic reforms and the need to move their currency value up in order to force de-dollarization in the markets. They are sending out absolute bi-polar messages right now which is what we expect in the end. [post 1 of 2....stay tuned]
7-14-2022 Newshound Guru Samson Article: "Iraqi tourists spent more than $100 million in 10 days" Quote: "more than 500 flights were recorded during the first days of the month of Dhul-Hijjah until Eid, adding that more than 100,000 Iraqi tourists left Iraq during this period (excluding pilgrims). He explained that the exchange rate for one tourist, including transportation and accommodation fees, is more than $1,000"
7-14-2022 Intel Guru Frank26 This is from the Deputy Governor...listen carefully to his words. When the economic situation is better he will consider a raise in the exchange rate. That means a seated government ... with laws, a new budget to improve the economic situation which is called the economic reform that can only be improved with a monetary reform first. But the conditions have to be right...we are waiting for the governor of the CBI to feel comfortable and he's telling you he's not comfortable until he sees a seated government under Kazemi. No one else. [Post 2 of 2]
7-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor himself is being interviewed and he's saying that there's no justification to change the exchange rate. He's saying that the current economic situation does not call for a change and he's looking for confidence...he's saying this could be the rate for another 3 to 5 years...it all depends on the economic situation. FRANK: How's the economic situation? It sucks! Of course you're not going to have an exchange rate. [Post 1 of 2....stay tuned]
7-14-2022 Intel Guru MarkZ [via PDK] Some positive news coming out of Iraq. “Al-Kazemi: Biden must realize the determination of the Iraqi people to solve their own problems” In a nutshell guys – they have made huge progress. Seating the government should be done at any moment-which , we are being told, will allow us to move forward... I believe we are at any moment. There is a lot of chatter from the 16th to the 19th...
7-14-2022 Newshound Guru MilitiaMan ...We know for [from?] the Supreme Judicial Council that the "necessary powers" have been granted to Kahdimi and we see evidence of that with the EFSL published in the Gazette this last week...the CBI has been imo given the green light. They have had stellar reports form the World Bank and IMF in recent past as well.
7-14-2022 Newshound Guru Tivon We got one major obstacle out of the way by having the EFSL published in the Gazette...This is where the Purchasing Power for the citizens lie. Do they have to wait to reinstate until the Oil & Gas Law is done? I wouldn't explicitly say so. But securing this particular law can contribute to the citizens having PP out the gate from the onset of the CBI releasing the rate on the same day or week... Blitz Play coming up. IMO
7-14-2022 Newshound/Intel Guru Mnt Goat What we...wait for is the announcement from the CBI telling us about the exchange process of turning in the higher three zero notes for the lower denominations and how it will all work. NO, this education process HAS NOT yet taken place I can assure you this FACT.
7-14-2022 Intel Guru Bruce [via WiserNow] ...I'm being told that we should...receive notifications in the next couple of days. And I believe our exchanges are to start either Thursday the 14th or Friday the 15th that came from a very, very high up source just today...Stay positive we are getting down to the wire...
7-13-2022 Newshound Guru Tivon Question: "Do you think that the CBI has to wait for the next session after EID to release the rate, or can it be done prior?" Legally I presume a legislative session would be the appropriate time to address something of that nature. According to the Constitution. The CBI is an independent entity. So whoever weilds the power current political power which is Al-Kazemi due to the EFSL can request of the CBI to issue a decision on the rate.
7-13-2022 Newshound Guru Breitling Question: "So if it came out at a dollar...your net proceeds would be approximately $0.98?" Yep...it [the spread taken by the bank/exchanger] will be low. BTW there will be so many people fighting for your currency you could probably get lower than that...like if you keep your money at their bank...they'll exchange it for free...there's going to be a lot of options. They're going to fight for your currency.
7-13-2022 Intel Guru MarkZ [via PDK] [What is your RV window?] Anywhere from 10 minutes ago to August 10th is my window right now. Leaning toward the sooner part...
7-13-2022 Newshound Guru Militiaman Article: "Iraqis hold their breath, waiting for Friday al-Sadr: a new government or a change in the rules of the game" I will bet there will be many fronts this next week that could be very surprising. Maybe even see the dissolution of parliament. EFSL gave "Necessary Powers" to Kahdimi and the White papers were said to be the corner stone if you will from the results of the World Bank and IMF mission in Iraq. The CBI knows that full well and has likely calculated it, as would Sadr too, Kahdimi, Saleh, Allawi, etc. Everyone in the need to know realm.. Knows what to expect now, surprises...
7-13-2022 Newshound/Intel Guru Mnt Goat There was so much more in the news about forming the government...July 15 is a target date for Sadr...if the date passes without a government Sadr is going to change the terms of the process again. ...I believe they will leave Kazemi in place as prime minister and Salih as the president... By leaving Kazemi and Salih in place for another year this could give Iraq the...stability it needs thus the CBI might be able to sell the idea to the IMF and the USA. I do not know for sure how they will decide on this. We will just have to wait and watch it play out.
7-13-2022 Newshound Guru Samson Article: "4 zeros were removed from it.. Iran launches new two-denomination banknotes" Quote: "In the upper part of these banknotes, the zeros are seen in a faint color, while in the lower part of these banknotes they have been completely deleted."
7-13-2022 Intel Guru Frank26 Article: "The Central Bank : There is no future plan that includes changing the exchange rate" ONCE AGAIN THE DEPUTY GOVERNOR OF THE CBI HAS NO AUTHORITY WITH ANY OF THESE WORDS HE IS USING...IMO...THE DEPUTY GOV OF THE CBI IS THE EQUIVALENT TO OUR LIZ CHENEY OR MITT ROMNEY WE HAVE TOLD YOU ONLY PAY ATTENTION TO PM KAZEMI AND GOV MUSTAFA OF THE CBI!...NOW YOU SEE WHY ONLY THESE TWO LEADERS OF IRAQ.
7-13-2022 Intel Guru MarkZ [via PDK] It’s been quiet but not silent. I’m still hearing positive things from redemption areas…In Iraq they are hoping to have the government sat in the next day or two...I’m hearing rate release right after that. That they want the “optics “that things are settled over there before they release it…
7-13-2022 Newshound Guru Tivon We are definitely about to see a monumental change in days...they only have two weeks to act. And they already have their prime player running the show with the EFSL to back him up. Guys we are in the 4th Qtr with 60 left on the clock on the 20 yard line and only down by six...the post game interview from Al-Kazemi will be historic. The citizens have someone who is truly working for them. Now they are finally about to see the fruits of all the things promised.
7-13-2022 Newshound/Intel Guru Mnt Goat ...The CBI is now preparing for the event. They have told us the lower denomination notes are mostly printed (enough to begin the process) as well as the new coins. They are testing now some of the ATMs to ensure they can handle the lower denominations and the programming of them. [post 2 of 2]
7-13-2022 Newshound/Intel Guru Mnt Goat ...I use the term “RV” very loosely as there really is not going to be an RV meaning revaluation of anything. Remember, we are not looking for the “program” exchange rate to revalue...But rather to get the reinstatement of the IQD back on FOREX and the project to delete the zeros will either precede this event or come just after it. But the timing must be perfect. This and only this time we will go to the bank... [post 1 of 2....stay tuned]
7-13-2022 Newshound Guru Kaperoni Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that if it does change, it'll be based on the success of the economy...This type of article is exactly how monetary policy works. A country's currency is never a random act. Only with the success growth of Iraq's economy can the dinar go up in value and more than likely it'll go up gradually over time.
7-13-2022 Newshound Guru Breitling Question: "So if it came out at a dollar...your net proceeds would be approximately $0.98?" Yep...it [the spread taken by the bank/exchanger] will be low. BTW there will be so many people fighting for your currency you could probably get lower than that...like if you keep your money at their bank...they'll exchange it for free...there's going to be a lot of options. They're going to fight for your currency.
7-13-2022 Intel Guru MarkZ [via PDK] [What is your RV window?] Anywhere from 10 minutes ago to August 10th is my window right now. Leaning toward the sooner part...
7-13-2022 Newshound Guru Militiaman Article: "Iraqis hold their breath, waiting for Friday al-Sadr: a new government or a change in the rules of the game" I will bet there will be many fronts this next week that could be very surprising. Maybe even see the dissolution of parliament. EFSL gave "Necessary Powers" to Kahdimi and the White papers were said to be the corner stone if you will from the results of the World Bank and IMF mission in Iraq. The CBI knows that full well and has likely calculated it, as would Sadr too, Kahdimi, Saleh, Allawi, etc. Everyone in the need to know realm.. Knows what to expect now, surprises...
7-13-2022 Newshound/Intel Guru Mnt Goat There was so much more in the news about forming the government...July 15 is a target date for Sadr...if the date passes without a government Sadr is going to change the terms of the process again. ...I believe they will leave Kazemi in place as prime minister and Salih as the president... By leaving Kazemi and Salih in place for another year this could give Iraq the...stability it needs thus the CBI might be able to sell the idea to the IMF and the USA. I do not know for sure how they will decide on this. We will just have to wait and watch it play out.
7-13-2022 Newshound Guru Samson Article: "4 zeros were removed from it.. Iran launches new two-denomination banknotes" Quote: "In the upper part of these banknotes, the zeros are seen in a faint color, while in the lower part of these banknotes they have been completely deleted."
7-13-2022 Intel Guru Frank26 Article: "The Central Bank : There is no future plan that includes changing the exchange rate" ONCE AGAIN THE DEPUTY GOVERNOR OF THE CBI HAS NO AUTHORITY WITH ANY OF THESE WORDS HE IS USING...IMO...THE DEPUTY GOV OF THE CBI IS THE EQUIVALENT TO OUR LIZ CHENEY OR MITT ROMNEY WE HAVE TOLD YOU ONLY PAY ATTENTION TO PM KAZEMI AND GOV MUSTAFA OF THE CBI!...NOW YOU SEE WHY ONLY THESE TWO LEADERS OF IRAQ.
7-13-2022 Intel Guru MarkZ [via PDK] It’s been quiet but not silent. I’m still hearing positive things from redemption areas…In Iraq they are hoping to have the government sat in the next day or two...I’m hearing rate release right after that. That they want the “optics “that things are settled over there before they release it…
7-13-2022 Newshound Guru Tivon We are definitely about to see a monumental change in days...they only have two weeks to act. And they already have their prime player running the show with the EFSL to back him up. Guys we are in the 4th Qtr with 60 left on the clock on the 20 yard line and only down by six...the post game interview from Al-Kazemi will be historic. The citizens have someone who is truly working for them. Now they are finally about to see the fruits of all the things promised.
7-13-2022 Newshound/Intel Guru Mnt Goat ...The CBI is now preparing for the event. They have told us the lower denomination notes are mostly printed (enough to begin the process) as well as the new coins. They are testing now some of the ATMs to ensure they can handle the lower denominations and the programming of them. [post 2 of 2]
7-13-2022 Newshound/Intel Guru Mnt Goat ...I use the term “RV” very loosely as there really is not going to be an RV meaning revaluation of anything. Remember, we are not looking for the “program” exchange rate to revalue...But rather to get the reinstatement of the IQD back on FOREX and the project to delete the zeros will either precede this event or come just after it. But the timing must be perfect. This and only this time we will go to the bank... [post 1 of 2....stay tuned]
7-13-2022 Newshound Guru Kaperoni Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that if it does change, it'll be based on the success of the economy...This type of article is exactly how monetary policy works. A country's currency is never a random act. Only with the success growth of Iraq's economy can the dinar go up in value and more than likely it'll go up gradually over time.
7-12-2022 Newshound Guru Tivon Doesn't matter how many budgets past or present the rate will be a pervasive number throughout all systems that utilizes it for daily transactions. Regardless if a budget exists or not...Whatever current business is going on that's what is going to be calculated. So do not look at the rate as a hot potato jumping from hand to hand. Look at as the tree from which all things grow from no matter how many branches they all share one root which would be the exchange rate... [Post 2 of 2]
7-12-2022 Newshound Guru Tivon Question: [Guru Walkingstick said...the exchange rate is a line item in the budget...how [does] this fit into your theory on the EFSL?] The rate is not a physical thing confined to a folder or binder that moves from hand to hand. That's the major misconception as to why so many people have been confused...thinking that a rate is jumping from budget to budget...The rate is digital. Not physical. The entire financial system as it stands now is based on the exchange rate... [Post 1 of 2....stay tuned]
7-12-2022 Intel Guru Frank26 Article: "OPEC: Iraq is the fourth in the world in oil reserves" AND SOON TO BE NUMBER 1 IN THE MIDDLE EAST WITH THEIR CURRENCY.
7-12-2022 Newshound Guru Samson Article: "Iraq Labour Survey: Key Stats...Earlier this week, Iraq's Ministry of Planning, the Central Statistical Organization (CSO), together with the International Labour Organization (ILO) launched a national Labour Force Survey, the first of its kind to be conducted in Iraq in the last decade. Some key stats: employment rate:16.5% | female unemployment rate: 28.2% | male unemployment rate: 14.7% | youth unemployment rate: 35.8%"
7-12-2022 Intel Guru MarkZ [via PDK] They [Iraq] just want to move forward and the US is in the way of them moving forward with their currency reforms. If it were up to them they [Iraq] would already have it and be done...
7-12-2022 Newshound Guru Clare THE GOV SITUATION HAS TO BE RESOLVED PUBLICALLY ONE WAY OR ANOTHER (AND WE WILL WITNESS IT SOON)...AND THEN THERE WILL BE NO FAILURE WITH THE CITIZENS WITH A NEW EXCHANGE RATE IMO
7-12-2022 Newshound Guru Godlover The efsl will benefit their citizens, not us imo. K [Kazemi] himself said it was designed because of the current situation & the need for a new government & budget. This is coming from the horse's mouth. I just cannot see economic reforms happening with the current state of their country, it just seems too impractical.
7-12-2022 Newshound Guru Tivon People sitting around thinking this is about to drag out for another few weeks or a month. Personally I am expecting this in days...Why would you even suspect for it to go beyond this month without a rate change hypothetically speaking? They already made it clear that the ground work is done. Focus on your investment People. There's nothing else you are waiting outside of what Al-Kazemi just requested. IMO
7-12-2022 Newshound Guru Adam Montana [Adam...could you comment on Iraqs latest political mess and you're take on how this effects the dinar once again when we thought we were so close!] I have been seeing a lot of positives...There's always going to be some level of craziness happening over there, so the main reason most of us are still here is because we've learned to tune out the day-to-day "noise" and remind ourselves what the fundamentals are in this venture.
7-12-2022 Newshound Guru MilitiaMan Article: "The Central Bank: There is no future plan that includes changing the exchange rate" The deputy governor has stated what appears to be this same propaganda on more than one instance this month. Firstly, he is not the CBI Governor... Secondly, there is by far way to many good things going on to not change the exchange rate...they have every intention to bring purchase power to the citizens...I believe this...is smoke...The indicators are large that are still on track to make an exchange rate change. Kahdimi has said it himself...
7-12-2022 Newshound Guru Tivon Question: [Guru Walkingstick said...the exchange rate is a line item in the budget...how [does] this fit into your theory on the EFSL?] The rate is not a physical thing confined to a folder or binder that moves from hand to hand. That's the major misconception as to why so many people have been confused...thinking that a rate is jumping from budget to budget...The rate is digital. Not physical. The entire financial system as it stands now is based on the exchange rate... [Post 1 of 2....stay tuned]
7-12-2022 Intel Guru Frank26 Article: "OPEC: Iraq is the fourth in the world in oil reserves" AND SOON TO BE NUMBER 1 IN THE MIDDLE EAST WITH THEIR CURRENCY.
7-12-2022 Newshound Guru Samson Article: "Iraq Labour Survey: Key Stats...Earlier this week, Iraq's Ministry of Planning, the Central Statistical Organization (CSO), together with the International Labour Organization (ILO) launched a national Labour Force Survey, the first of its kind to be conducted in Iraq in the last decade. Some key stats: employment rate:16.5% | female unemployment rate: 28.2% | male unemployment rate: 14.7% | youth unemployment rate: 35.8%"
7-12-2022 Intel Guru MarkZ [via PDK] They [Iraq] just want to move forward and the US is in the way of them moving forward with their currency reforms. If it were up to them they [Iraq] would already have it and be done...
7-12-2022 Newshound Guru Clare THE GOV SITUATION HAS TO BE RESOLVED PUBLICALLY ONE WAY OR ANOTHER (AND WE WILL WITNESS IT SOON)...AND THEN THERE WILL BE NO FAILURE WITH THE CITIZENS WITH A NEW EXCHANGE RATE IMO
7-12-2022 Newshound Guru Godlover The efsl will benefit their citizens, not us imo. K [Kazemi] himself said it was designed because of the current situation & the need for a new government & budget. This is coming from the horse's mouth. I just cannot see economic reforms happening with the current state of their country, it just seems too impractical.
7-12-2022 Newshound Guru Tivon People sitting around thinking this is about to drag out for another few weeks or a month. Personally I am expecting this in days...Why would you even suspect for it to go beyond this month without a rate change hypothetically speaking? They already made it clear that the ground work is done. Focus on your investment People. There's nothing else you are waiting outside of what Al-Kazemi just requested. IMO
7-12-2022 Newshound Guru Adam Montana [Adam...could you comment on Iraqs latest political mess and you're take on how this effects the dinar once again when we thought we were so close!] I have been seeing a lot of positives...There's always going to be some level of craziness happening over there, so the main reason most of us are still here is because we've learned to tune out the day-to-day "noise" and remind ourselves what the fundamentals are in this venture.
7-12-2022 Newshound Guru MilitiaMan Article: "The Central Bank: There is no future plan that includes changing the exchange rate" The deputy governor has stated what appears to be this same propaganda on more than one instance this month. Firstly, he is not the CBI Governor... Secondly, there is by far way to many good things going on to not change the exchange rate...they have every intention to bring purchase power to the citizens...I believe this...is smoke...The indicators are large that are still on track to make an exchange rate change. Kahdimi has said it himself...
7-11-2022 Intel Guru Frank26 The CBI and Kazemi are both in control of the exchange rate and that's why they CBI is preparing to float the currency and that's why they are meeting with so many entities...
7-11-2022 Newshound Guru Samson Article: "Iraq maintains its position in the ranking of the highest countries in gold reserves" Quote: "this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves"
7-11-2022 Newshound Guru Pimpy There's no 'redemption centers'. You have exchange centers if you go to international airports...a lot of times they have where you can go in and buy and sell foreign currency there. You can exchange it. There are some malls out there that actually have a currency exchange store there. But there's no magical redemption centers. There's no 800 numbers. The only 800 number that you should be calling is an actually exchange if you have any questions. Or to an actual bank.
7-11-2022 Intel Guru MarkZ [via PDK] I think this is going to be a very interesting week. I am still hearing very positive news out of Iraq about the impending rate…That they are moving forward with white papers and reforms…they have not given me a timeline. I am waiting for an update.
7-11-2022 Newshound Guru Tivon You heard this from Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. You heard this from Al-Zamili. You heard it from Mazhar M. Saleh. You heard him state that the EFSL will "Move The Wheel of The Economy". Al-Kazemi didn't go through all the trouble of getting the EFSL passed, voted, and published in the Gazette. Then turn around to say to the citizens that do to this or that you guys will have to wait for the budget to get purchasing power...Al-Kazemi is spelling it out... [Post 2 of 2]
7-11-2022 Newshound Guru Tivon Read what Al-Kazemi has stated out of his own mouth. This guy is a chess player. You want to know why he is calling on all political forces to put their energy behind the EFSL? Because he knows they really do not have a choice at this stage to entertain a general budget for this year. The EFSL is basically a supplementary budget and can act as such. [Post 1 of 2....stay tuned]
7-11-2022 Newshound Guru Sandy Ingram Article: "Iraq's central bank sees no reason to change the exchange rate of the dinar currency" ...and has no further plan to do so in the next three to five years, state news agency INA reported on Sunday... citing the deputy governor of the central bank Ammar Khalaf...
7-11-2022 Newshound/Intel Guru Mnt Goat If you are reading all the news articles from Iraq these days about the election, it will drive you crazy. There are obviously many who support bringing back all the corruption and nonsense of Nori al-Maliki days. Unbelievable! Trust me on this one – Maliki will NEVER see the prime minister again!...
7-11-2022 Newshound Guru Samson Article: "Iraq maintains its position in the ranking of the highest countries in gold reserves" Quote: "this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves"
7-11-2022 Newshound Guru Pimpy There's no 'redemption centers'. You have exchange centers if you go to international airports...a lot of times they have where you can go in and buy and sell foreign currency there. You can exchange it. There are some malls out there that actually have a currency exchange store there. But there's no magical redemption centers. There's no 800 numbers. The only 800 number that you should be calling is an actually exchange if you have any questions. Or to an actual bank.
7-11-2022 Intel Guru MarkZ [via PDK] I think this is going to be a very interesting week. I am still hearing very positive news out of Iraq about the impending rate…That they are moving forward with white papers and reforms…they have not given me a timeline. I am waiting for an update.
7-11-2022 Newshound Guru Tivon You heard this from Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. You heard this from Al-Zamili. You heard it from Mazhar M. Saleh. You heard him state that the EFSL will "Move The Wheel of The Economy". Al-Kazemi didn't go through all the trouble of getting the EFSL passed, voted, and published in the Gazette. Then turn around to say to the citizens that do to this or that you guys will have to wait for the budget to get purchasing power...Al-Kazemi is spelling it out... [Post 2 of 2]
7-11-2022 Newshound Guru Tivon Read what Al-Kazemi has stated out of his own mouth. This guy is a chess player. You want to know why he is calling on all political forces to put their energy behind the EFSL? Because he knows they really do not have a choice at this stage to entertain a general budget for this year. The EFSL is basically a supplementary budget and can act as such. [Post 1 of 2....stay tuned]
7-11-2022 Newshound Guru Sandy Ingram Article: "Iraq's central bank sees no reason to change the exchange rate of the dinar currency" ...and has no further plan to do so in the next three to five years, state news agency INA reported on Sunday... citing the deputy governor of the central bank Ammar Khalaf...
7-11-2022 Newshound/Intel Guru Mnt Goat If you are reading all the news articles from Iraq these days about the election, it will drive you crazy. There are obviously many who support bringing back all the corruption and nonsense of Nori al-Maliki days. Unbelievable! Trust me on this one – Maliki will NEVER see the prime minister again!...
7-10-2022 Newshound Guru MilitiaMan It shows that he has the powers needed to facilitate the necessary Items that will support the citizens. There is not support I have seen that the seated government is not able to do what is needed. The Finance Minister has the legal authority to allow the CBI to change the exchange rate, when they are ready.. From the sounds of the articles today, they very well may be ready as ever now... [Post 2 of 2]
7-10-2022 Newshound Guru MilitiaMan {Response to Guest Humble1 below} Did you miss the part where the Supreme Judicial Council spelled out the Caretaker Government verbiage is contextual and not implicit? Also that the Prime Minister can be given "necessary powers" in time of war and in emergency circumstances. Emergency Food Security Law was put into law during this past week. [Post 1 of 2....stay tuned]
7-10-2022 Newshound Guru Samson Article: "The Central Bank : There is no future plan that includes changing the exchange rate" Quote: "The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA): “The exchange rate at the present time - in our belief as a monetary authority - there is no justification for changing it...The economic circumstance is the main ruler...”
7-10-2022 Newshound Guru Tivon {Response to Guest Guru Humble1 below} The Budget require the full power of the government. Not the EFSL. Big difference. That's why in the same article they state they either pass the budget (Which They Can't) or put full power behind the EFSL sense it is already in the Gazette and doesn't require a formation of the GOI because Al-Kazemi is cabinet is considered already seated. Why do you think he was able to pass the EFSL without a GOI?
7-10-2022 Newshound Guru Kaperoni What will happen to the dinar has already been clearly documented by the IMF back in 2013. Many didn't believe it, but this is how monetary policy works. There is no RV. If and when the dinar ever goes up in value it will via float based on the economic growth of Iraq's economy.
7-10-2022 Guest Guru Humble1 The GOI has to be seated and fully functioning for a MAJOR CHANGE to occur with the exchange rate, because it will be a monumental task to accomplish, it will change everything in their country and how they operate, we here as investors look at the change as game over, but for Iraq it is step one of a new everything, so all aspects of the government need to be fully in place, a caretaker government will not cut it...the current government does not have the powers to send bills...
7-10-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ACHIEVES A FINANCIAL SURPLUS OF MORE THAN 15 BILLION DOLLARS IN THE FIRST 5 MONTHS OF 2022" More bragging…still 1/6 of a penny for a dinar…what goes?
7-10-2022 Intel Guru MarkZ [via PDK] [is the dong rate still $2.20...] Still hearing $2.25-$2.30 is the projected rate on the dong….
7-10-2022 Newshound Guru MilitiaMan {Response to Guest Humble1 below} Did you miss the part where the Supreme Judicial Council spelled out the Caretaker Government verbiage is contextual and not implicit? Also that the Prime Minister can be given "necessary powers" in time of war and in emergency circumstances. Emergency Food Security Law was put into law during this past week. [Post 1 of 2....stay tuned]
7-10-2022 Newshound Guru Samson Article: "The Central Bank : There is no future plan that includes changing the exchange rate" Quote: "The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA): “The exchange rate at the present time - in our belief as a monetary authority - there is no justification for changing it...The economic circumstance is the main ruler...”
7-10-2022 Newshound Guru Tivon {Response to Guest Guru Humble1 below} The Budget require the full power of the government. Not the EFSL. Big difference. That's why in the same article they state they either pass the budget (Which They Can't) or put full power behind the EFSL sense it is already in the Gazette and doesn't require a formation of the GOI because Al-Kazemi is cabinet is considered already seated. Why do you think he was able to pass the EFSL without a GOI?
7-10-2022 Newshound Guru Kaperoni What will happen to the dinar has already been clearly documented by the IMF back in 2013. Many didn't believe it, but this is how monetary policy works. There is no RV. If and when the dinar ever goes up in value it will via float based on the economic growth of Iraq's economy.
7-10-2022 Guest Guru Humble1 The GOI has to be seated and fully functioning for a MAJOR CHANGE to occur with the exchange rate, because it will be a monumental task to accomplish, it will change everything in their country and how they operate, we here as investors look at the change as game over, but for Iraq it is step one of a new everything, so all aspects of the government need to be fully in place, a caretaker government will not cut it...the current government does not have the powers to send bills...
7-10-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ACHIEVES A FINANCIAL SURPLUS OF MORE THAN 15 BILLION DOLLARS IN THE FIRST 5 MONTHS OF 2022" More bragging…still 1/6 of a penny for a dinar…what goes?
7-10-2022 Intel Guru MarkZ [via PDK] [is the dong rate still $2.20...] Still hearing $2.25-$2.30 is the projected rate on the dong….
7-9-2022 Intel Guru Bruce [via WiserNow] Iraq has been on new platform for trading – they call it the Iraq Stock Exchange - they have been on a new version of that since last Sunday – that new version is completely integrated with the Quantum Financial System and totally connected to the Blockchain – to the StarLink Satellite System - So Iraq is totally up to speed on all of that...They have been trading up the value of their Dinar...and it is really moving up – So that is going to be really good for us...so we will see... Iraq has done their thing they are ready to go...
7-9-2022 Newshound Guru Sandy Ingram Some of you are upset at the time it is taking to realize a profit on your investment. Let me ask you a question, when was the last time you paid approximately $1,000 US dollars for 1 million Iraqi dinars with the potential of it turning into $1 million US dollars or even $500,000 US dollars if the rate went to $0.50 or 1 IQD for 1 US dollar? ...this will not happen overnight.
7-9-2022 Newshound/Intel Guru Mnt Goat From what I am seeing from the CBI they will reinstate the dinar prior to the 2022 budget being voted on. The reinstatement will force the passing of the budget with a new rate. They have already based the new budget on the new rate.
7-9-2022 Newshound Guru Kaperoni Guru Tivon claims next week Iraq will raise the exchange rate after Parliament had signed a petition to do so. They can sign all the petitions they want, the CBI is in charge of monetary policy and there will be no change in the exchange rate in the near future.
7-9-2022 Intel Guru MarkZ [via PDK] We are still getting confirmations of more folks (whales/groups) hitting the ground in redemption areas...One group is hopeful for the weekend while the rest of them are looking at the very beginning of the week…I believe we are awfully close, but we all have to find a little patience here…
7-9-2022 Newshound Guru Tivon ...This is probably the main reason why we have not seen a rate change. The Oil & Gas Law file once ended for good can change the course of everything in a very short period. That's why I think Al-Kazemi was/is waiting for the opportune time to reduce the USD price so that purchasing power can be established from the onset of the Oil & Gas Law being completely under Iraq's control. [Post 2 of 2]
7-9-2022 Newshound Guru Tivon Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" I told you guys that Al-Kazemi was lining up the bowling pins...positioning himself for a Blitz play. He is about to go all out. Why? Because the EFSL has "Citizens Entitlements". And that is based on the Oil & Gas Law... [Post 1 of 2....stay tuned]
7-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They keep showing Kazemi speech asking for the rate to return to 1200. FRANK: Are you absolutely sure it's Kazemi? FIREFLY: Well we didn't see him but they said it was from Kazemi. FRANK: ...Only Mustafa from the CBI can make the types of announcements so stop worrying...besides it's actually a positive thing...the CBI does not want a 1 to 1 with the American dollar so it is possible that the 1200 will allow the Dinar to float at $1.20 and be unpegged from the American dollar...
7-9-2022 Newshound Guru Samson Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" Quote: "the political differences are less compared to the previous parliamentary sessions, which enhances the hope of enacting laws, especially the budget for the next year, and even the introduction of the oil and gas law to end the file of selling the oil of the Kurdistan region of Iraq."
7-9-2022 Intel Guru Wolverine Guys we are very close now...Get ready to put on your seatbelts on as we will be going to warp speed anytime...
7-9-2022 Newshound Guru Sandy Ingram Some of you are upset at the time it is taking to realize a profit on your investment. Let me ask you a question, when was the last time you paid approximately $1,000 US dollars for 1 million Iraqi dinars with the potential of it turning into $1 million US dollars or even $500,000 US dollars if the rate went to $0.50 or 1 IQD for 1 US dollar? ...this will not happen overnight.
7-9-2022 Newshound/Intel Guru Mnt Goat From what I am seeing from the CBI they will reinstate the dinar prior to the 2022 budget being voted on. The reinstatement will force the passing of the budget with a new rate. They have already based the new budget on the new rate.
7-9-2022 Newshound Guru Kaperoni Guru Tivon claims next week Iraq will raise the exchange rate after Parliament had signed a petition to do so. They can sign all the petitions they want, the CBI is in charge of monetary policy and there will be no change in the exchange rate in the near future.
7-9-2022 Intel Guru MarkZ [via PDK] We are still getting confirmations of more folks (whales/groups) hitting the ground in redemption areas...One group is hopeful for the weekend while the rest of them are looking at the very beginning of the week…I believe we are awfully close, but we all have to find a little patience here…
7-9-2022 Newshound Guru Tivon ...This is probably the main reason why we have not seen a rate change. The Oil & Gas Law file once ended for good can change the course of everything in a very short period. That's why I think Al-Kazemi was/is waiting for the opportune time to reduce the USD price so that purchasing power can be established from the onset of the Oil & Gas Law being completely under Iraq's control. [Post 2 of 2]
7-9-2022 Newshound Guru Tivon Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" I told you guys that Al-Kazemi was lining up the bowling pins...positioning himself for a Blitz play. He is about to go all out. Why? Because the EFSL has "Citizens Entitlements". And that is based on the Oil & Gas Law... [Post 1 of 2....stay tuned]
7-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They keep showing Kazemi speech asking for the rate to return to 1200. FRANK: Are you absolutely sure it's Kazemi? FIREFLY: Well we didn't see him but they said it was from Kazemi. FRANK: ...Only Mustafa from the CBI can make the types of announcements so stop worrying...besides it's actually a positive thing...the CBI does not want a 1 to 1 with the American dollar so it is possible that the 1200 will allow the Dinar to float at $1.20 and be unpegged from the American dollar...
7-9-2022 Newshound Guru Samson Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" Quote: "the political differences are less compared to the previous parliamentary sessions, which enhances the hope of enacting laws, especially the budget for the next year, and even the introduction of the oil and gas law to end the file of selling the oil of the Kurdistan region of Iraq."
7-9-2022 Intel Guru Wolverine Guys we are very close now...Get ready to put on your seatbelts on as we will be going to warp speed anytime...
7-8-2022 Newshound Guru Tivon [Community Question] "The efsl was published...and no one is going to the bank...what are we possibly waiting for IYO?" 100 Deputies signed off on reducing the USD exchange rate at the earliest legislative session which takes place next week...Nobody told you that the publication on the exact same day would see a rate change. They need to be in session for that. Which takes place after the holiday...
7-8-2022 Intel Guru MarkZ [via PDK] My phone has been lit up from banking contacts that say we need to be in place and ready...I am hoping we will see action soon.
7-8-2022 Newshound Guru Walkingstick [via Frank26] The Minister of Finance is not in the position to announce any rate change. The announcement will strictly come from Mustafa given to Kazemi for the government.
7-8-2022 Intel Guru Bruce [via WiserNow] I heard today from one of our contacts in Iraq that the Dinar will be international – the international rate for the Dinar will be posted in the Gazette – which is their official document – the Gazette and printed this Saturday...That’s a really good sign – it shows that Iraq is definitely moving forward... it is going up and probably will exceed what Dr Shabibi predicted the value of the Dinar to be at the United States Chamber of Commerce meeting of 2012...
7-8-2022 Newshound Guru Kaperoni ...Triggered by oil revenues and the Balassa-Samuelson effect, to accommodate real exchange rate appreciation while keeping domestic inflation low...since that report in 2013, you can see they are desperately trying to create a diverse economy/private sector. Therefore, it is obvious this is the direction they are headed. I do not see any change in the dinar until such has been accomplished. [Post 2 of 2]
7-8-2022 Newshound Guru Kaperoni Paraphrasing from the IMF Article XIV, the IMF would like Iraq to create the conditions (a diverse economy) which would make possible a move to a more flexible exchange rate policy (float). Doing so would allow a predictable and gradual appreciation of the exchange rate... [Post 1 of 2....stay tuned]
7-8-2022 Intel Guru Frank26 Article: "Market Review: Supplementary Budget Stabilises the Market" READ THIS ARTICLE CAREFULLY
BECAUSE IT'S THE BLUEPRINT OF THE MONETARY REFORM.
7-8-2022 Intel Guru MarkZ [via PDK] ...there is phenomenal chatter as they are moving and putting whales into position...we are in a heightened stage right now. I am very hopeful…maybe we are in the last week??? Really hoping things are accurate this time.
7-8-2022 Newshound Guru Tivon Article: "Market Review: Supplementary Budget Stabilises the Market" What an Article. I read this with a big smile...This is why...Al-Kazemi is going to exercise his "Emergency Powers" and give the citizens what they want...Al-Kazemi will not wait on this [A new GOI] because the emergency law requires him to address everything affecting the citizens independently of what is happening with the political impasse...What more do you want? They are spelling it out that there is a current government seated now. And what they do today another future government can pick up on once it is formed. Sounds like a plan to me.
7-8-2022 Newshound Guru Clare Article: "Market Review: Supplementary Budget Stabilises the Market" Quote "the "Emergency Food Security Support" bill, has its origins in demands by parliament for extra spending measures in response to public anger over the increased cost of living, and to public pressure for the government to translate the sharply rising oil revenues into public expenditures."
7-8-2022 Newshound/Intel Guru Mnt Goat Article: "CITIGROUP WARNS OF A COLLAPSE IN OIL TO $ 65 BY THE END OF 2022" ...an article by a JPMorgan analysts warning on Sunday, that oil prices could jump to $380 a barrel...by year end. So then we see in today’s article telling us oil could drop to $63 by years end. Who is correct? Why such drastic variations in the predictions? Do they even know? So we see the instability it the market. Can Iraq also deal with it and take advantage of the high prices while they last? Right now is a great window for the reinstatement but they must get this government in order first.
7-8-2022 Newshound Guru NORV [aka Guru Kaperoni] My belief is they will float the dinar. They are spending to much time trying to create a market economy.
7-8-2022 Intel Guru MarkZ [via PDK] My phone has been lit up from banking contacts that say we need to be in place and ready...I am hoping we will see action soon.
7-8-2022 Newshound Guru Walkingstick [via Frank26] The Minister of Finance is not in the position to announce any rate change. The announcement will strictly come from Mustafa given to Kazemi for the government.
7-8-2022 Intel Guru Bruce [via WiserNow] I heard today from one of our contacts in Iraq that the Dinar will be international – the international rate for the Dinar will be posted in the Gazette – which is their official document – the Gazette and printed this Saturday...That’s a really good sign – it shows that Iraq is definitely moving forward... it is going up and probably will exceed what Dr Shabibi predicted the value of the Dinar to be at the United States Chamber of Commerce meeting of 2012...
7-8-2022 Newshound Guru Kaperoni ...Triggered by oil revenues and the Balassa-Samuelson effect, to accommodate real exchange rate appreciation while keeping domestic inflation low...since that report in 2013, you can see they are desperately trying to create a diverse economy/private sector. Therefore, it is obvious this is the direction they are headed. I do not see any change in the dinar until such has been accomplished. [Post 2 of 2]
7-8-2022 Newshound Guru Kaperoni Paraphrasing from the IMF Article XIV, the IMF would like Iraq to create the conditions (a diverse economy) which would make possible a move to a more flexible exchange rate policy (float). Doing so would allow a predictable and gradual appreciation of the exchange rate... [Post 1 of 2....stay tuned]
7-8-2022 Intel Guru Frank26 Article: "Market Review: Supplementary Budget Stabilises the Market" READ THIS ARTICLE CAREFULLY
BECAUSE IT'S THE BLUEPRINT OF THE MONETARY REFORM.
7-8-2022 Intel Guru MarkZ [via PDK] ...there is phenomenal chatter as they are moving and putting whales into position...we are in a heightened stage right now. I am very hopeful…maybe we are in the last week??? Really hoping things are accurate this time.
7-8-2022 Newshound Guru Tivon Article: "Market Review: Supplementary Budget Stabilises the Market" What an Article. I read this with a big smile...This is why...Al-Kazemi is going to exercise his "Emergency Powers" and give the citizens what they want...Al-Kazemi will not wait on this [A new GOI] because the emergency law requires him to address everything affecting the citizens independently of what is happening with the political impasse...What more do you want? They are spelling it out that there is a current government seated now. And what they do today another future government can pick up on once it is formed. Sounds like a plan to me.
7-8-2022 Newshound Guru Clare Article: "Market Review: Supplementary Budget Stabilises the Market" Quote "the "Emergency Food Security Support" bill, has its origins in demands by parliament for extra spending measures in response to public anger over the increased cost of living, and to public pressure for the government to translate the sharply rising oil revenues into public expenditures."
7-8-2022 Newshound/Intel Guru Mnt Goat Article: "CITIGROUP WARNS OF A COLLAPSE IN OIL TO $ 65 BY THE END OF 2022" ...an article by a JPMorgan analysts warning on Sunday, that oil prices could jump to $380 a barrel...by year end. So then we see in today’s article telling us oil could drop to $63 by years end. Who is correct? Why such drastic variations in the predictions? Do they even know? So we see the instability it the market. Can Iraq also deal with it and take advantage of the high prices while they last? Right now is a great window for the reinstatement but they must get this government in order first.
7-8-2022 Newshound Guru NORV [aka Guru Kaperoni] My belief is they will float the dinar. They are spending to much time trying to create a market economy.
7-7-2022 Newshound Guru Breitling Question "What is the rate the banks will charge?" They're only allowed to charge a certain percentage... 2% to 3% something like that. Where people were getting confused is they were buying dinar from the brokers and the brokers can charge anything they want. Banks are a little bit different...
7-7-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports from whales in different redemption areas that are being asked to come back and stay. This started happening earlier today. They are being asked ...to stay no matter how long it takes because we are that close and will be minute to minute... In Iraq- We have some announcements and hopefully it will make the press tomorrow. But a number of the ministers are being sat in Iraq. It would be better for the citizens and their upcoming holiday if things move quickly.
7-7-2022 Newshound Guru Tivon Now that we have a new legislative session coming up next week. It brings me back to what Al-Kazemi...When he mentioned the USD reduction price. He was very clear as to what he requested of his cabinet. And he has not come out to backtrack on any of his statements. The man had 100 Deputies sign to support his agenda at the earliest time possible...obviously Al-Kazemi wants to alleviate the conditions of his citizens as soon as any viable allotted time.
7-7-2022 Newshound Guru Kaperoni ...Multiple currency practice...has nothing to do with dual currencies, it has to do with different exchange rates for the same item within the country.
7-7-2022 Newshound Guru MilitiaMan Article: "The Iraq Stock Exchange launches a platform for trading shares of undisclosed companies" Now we know that the EFSL is done...It is likely the main conduit for the Reforms to get up and running in earnest asap...The taxes and tariffs, customs fees, e-governance issues are all in place imo and ready for the adjustment to a new exchange rate. The EFSL having been published is likely the trigger for this trading platform to get running...
7-7-2022 Newshound Guru Pimpy ...Maliki becoming the prime minister of Iraq - You're going to see civil unrest, protest, clashes like you've never seen before. You're going to see Iran get involved...they're going to be going in the wrong direction...if you are an investor into the Iraqi dinar and Maliki makes it to prime minister this is not going to go well...
7-7-2022 Intel Guru MarkZ [via PDK] on the RV front it is still very quiet. That is not bad news right now. I am being told to watch it play out. There is a lot happening this week. They are putting the food and security law into effect in Iraq. We are told this is a big piece. May have HCL law and rates in it…it is very encouraging. As of this morning in Iraq the rate has not changed yet. I have spoken with folks on the ground in the country...no new rate yet. Are they extremely hopeful for soon? Heck yes.
7-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see the U.S. senator was here...talking to Halabusi and Kazemi and he was asking for Iraq to speed up the reforms. FRANK: WHAT!?! That's not what the article said Lindsey [Graham] was talking about! So Lindsay comes to Iraq and tells Kazemi to speed up the reforms and tells Mustafa of the CBI to speed up the reforms. That's interesting.
7-7-2022 Newshound Guru Tivon ...Gradually reducing as opposed to instantly overnight is not something I'm personally concerned about because how long is this gradual process before purchasing power or parity is established? Is it according to the fluctuations in the market in terms of price stability? Because they have enough hard currency reserves to combat this smoothly. Is it a week? A month? Two months? Starting it in early July is something that should not be overlooked. Because Supply & Demand is what will drive the price. That will come with fluctuations.
7-7-2022 Newshound/Intel Guru Mnt Goat The news this period coming out of Iraq is all about the formation of the new government...Once again, I am telling you that the CBI is waiting for the government to be formed but it must be a government for the people, by the people...So here we sit and must wait for the government of Iraq to be formed. The outcome of this process will determine the next stage.
7-7-2022 Newshound Guru Breitling Question "can you give us an update as what you found out concerning the exchange rate range that we might be expecting?" Between $0.50 and $0.60.
7-7-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports from whales in different redemption areas that are being asked to come back and stay. This started happening earlier today. They are being asked ...to stay no matter how long it takes because we are that close and will be minute to minute... In Iraq- We have some announcements and hopefully it will make the press tomorrow. But a number of the ministers are being sat in Iraq. It would be better for the citizens and their upcoming holiday if things move quickly.
7-7-2022 Newshound Guru Tivon Now that we have a new legislative session coming up next week. It brings me back to what Al-Kazemi...When he mentioned the USD reduction price. He was very clear as to what he requested of his cabinet. And he has not come out to backtrack on any of his statements. The man had 100 Deputies sign to support his agenda at the earliest time possible...obviously Al-Kazemi wants to alleviate the conditions of his citizens as soon as any viable allotted time.
7-7-2022 Newshound Guru Kaperoni ...Multiple currency practice...has nothing to do with dual currencies, it has to do with different exchange rates for the same item within the country.
7-7-2022 Newshound Guru MilitiaMan Article: "The Iraq Stock Exchange launches a platform for trading shares of undisclosed companies" Now we know that the EFSL is done...It is likely the main conduit for the Reforms to get up and running in earnest asap...The taxes and tariffs, customs fees, e-governance issues are all in place imo and ready for the adjustment to a new exchange rate. The EFSL having been published is likely the trigger for this trading platform to get running...
7-7-2022 Newshound Guru Pimpy ...Maliki becoming the prime minister of Iraq - You're going to see civil unrest, protest, clashes like you've never seen before. You're going to see Iran get involved...they're going to be going in the wrong direction...if you are an investor into the Iraqi dinar and Maliki makes it to prime minister this is not going to go well...
7-7-2022 Intel Guru MarkZ [via PDK] on the RV front it is still very quiet. That is not bad news right now. I am being told to watch it play out. There is a lot happening this week. They are putting the food and security law into effect in Iraq. We are told this is a big piece. May have HCL law and rates in it…it is very encouraging. As of this morning in Iraq the rate has not changed yet. I have spoken with folks on the ground in the country...no new rate yet. Are they extremely hopeful for soon? Heck yes.
7-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see the U.S. senator was here...talking to Halabusi and Kazemi and he was asking for Iraq to speed up the reforms. FRANK: WHAT!?! That's not what the article said Lindsey [Graham] was talking about! So Lindsay comes to Iraq and tells Kazemi to speed up the reforms and tells Mustafa of the CBI to speed up the reforms. That's interesting.
7-7-2022 Newshound Guru Tivon ...Gradually reducing as opposed to instantly overnight is not something I'm personally concerned about because how long is this gradual process before purchasing power or parity is established? Is it according to the fluctuations in the market in terms of price stability? Because they have enough hard currency reserves to combat this smoothly. Is it a week? A month? Two months? Starting it in early July is something that should not be overlooked. Because Supply & Demand is what will drive the price. That will come with fluctuations.
7-7-2022 Newshound/Intel Guru Mnt Goat The news this period coming out of Iraq is all about the formation of the new government...Once again, I am telling you that the CBI is waiting for the government to be formed but it must be a government for the people, by the people...So here we sit and must wait for the government of Iraq to be formed. The outcome of this process will determine the next stage.
7-7-2022 Newshound Guru Breitling Question "can you give us an update as what you found out concerning the exchange rate range that we might be expecting?" Between $0.50 and $0.60.
7-6-2022 Newshound Guru Petra IMF compliance under Article 8 requires a single currency practice..aka...IQD only for international trade and transfer. The impact of the change, IMO, cannot be gradual as then at what point is the IQD more attractive to the USD? We are not only awaiting a rate but also Article 8 "FULL" compliance specifically to their currency play. So, not sure a gradual rate will work as people need a reason to change and "Shock and Awe" may be what is necessary to get people to change from USD to IQD...
7-6-2022 Intel Guru MarkZ [via PDK] Some of the biggest news today in Iraq is finding out the Food Security Law was posted in the Gazette today. This now makes it an official law. Now we see if they move forward. There are many rumors that we could have rates as early as tomorrow morning…but I think that’s premature and a little early. I am hopeful I am wrong...Things are really ramping up as to what we are hearing...
7-6-2022 Newshound Guru Sandy Ingram Article: "Russia muscles in on Indian oil market at expense of OPEC titans" This is something I have never seen before - OPEC being openly crossed by one of its own members...Russia is on track this month to send slightly more oil to India than Iraq...the bottom line is Iraq is not able to sell more oil and increase its revenues because Russia is supplying cheaper oil to India...
7-6-2022 Intel Guru Frank26 Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Maliki changes his song about the exchange rate because he is a chronic liar! This article is the complete opposite of what he has been saying just to survive in Iraq ...
7-6-2022 Intel Guru Bruce [via WiserNow] ...we’re looking very possible for something to happen for us over the next 3 days...I think we are in a 3 day window...I think it could be that we are right smack against it – I even heard one source say that this could happen any minute... So I’m encouraged because I know we are that close... [Post 2 of 2]
7-6-2022 Intel Guru Bruce [via WiserNow] Iraq’s new dinar and their government seating and the dinar is ready – was put on a new platform and the ISX – Iraq Stock Exchange - went to a new platform that is connected to the QFS – that happened I understand – either Saturday or Sunday...The government of Iraq was seated over the weekend - so they are ready to go – Is the rate out yet? We don’t have the rate...we know what it was when it first came on... [post 1 of 2....stay tuned]
7-6-2022 Newshound Guru Pimpy The kind of chatter that's going on in Iraq is not the kind that we want to hear...Maliki wants to be prime minister of Iraq...If Maliki gets the prime minister spot this is all bad because he will team up with the people that you don't want him to team up with, such as China and Russia...As an Iraqi dinar investor this is probably something you don't want to be dealing with...Maliki becoming the prime minister of Iraq.
7-6-2022 Newshound Guru Tivon Article: "Food Security Law Comes into Force" Now we are working with something. Do you guys remember what Mazhar M. Saleh stated back on June 8th 2022? He said the EFSL will move the wheels of the Iraqi economy correct?
7-6-2022 Newshound Guru Samson Article: "Food Security Law Comes into Force" Quote: "The Iraqi Gazette published the Emergency Support Law for Food Security and Development. After its publication in the Official Gazette, the law will have entered into force..."
7-6-2022 Guest Guru Suzie ...For the monetary reform/new exchange rate to appear Iraq NEEDS to be fully article 8 compliant which they are not, and they need a fully seated Government which they don't, and the new EFSL as we all know has not appeared in the Gazette as of yet even tho' the 15 days has passed. Even being "hooked" up globally, the AMF, etc, atm's in place, their gold reserves and everything else points to the fact they're ready and supposedly moving quickly, they still have to have what I've mentioned IMO...
7-6-2022 Intel Guru MarkZ [via PDK] RV news remains very quiet as we watch the existing financial system around the world implode...
7-6-2022 Newshound/Intel Guru Mnt Goat Two articles in today’s news...brags about the amount of Iraqi gold and the CBI reserves. Why are they doing this? ...the rate of the dinar is now 1/6 of a penny and still under the program rate/currency auctions with all this wealth. It must change.
7-6-2022 Intel Guru MarkZ [via PDK] Some of the biggest news today in Iraq is finding out the Food Security Law was posted in the Gazette today. This now makes it an official law. Now we see if they move forward. There are many rumors that we could have rates as early as tomorrow morning…but I think that’s premature and a little early. I am hopeful I am wrong...Things are really ramping up as to what we are hearing...
7-6-2022 Newshound Guru Sandy Ingram Article: "Russia muscles in on Indian oil market at expense of OPEC titans" This is something I have never seen before - OPEC being openly crossed by one of its own members...Russia is on track this month to send slightly more oil to India than Iraq...the bottom line is Iraq is not able to sell more oil and increase its revenues because Russia is supplying cheaper oil to India...
7-6-2022 Intel Guru Frank26 Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Maliki changes his song about the exchange rate because he is a chronic liar! This article is the complete opposite of what he has been saying just to survive in Iraq ...
7-6-2022 Intel Guru Bruce [via WiserNow] ...we’re looking very possible for something to happen for us over the next 3 days...I think we are in a 3 day window...I think it could be that we are right smack against it – I even heard one source say that this could happen any minute... So I’m encouraged because I know we are that close... [Post 2 of 2]
7-6-2022 Intel Guru Bruce [via WiserNow] Iraq’s new dinar and their government seating and the dinar is ready – was put on a new platform and the ISX – Iraq Stock Exchange - went to a new platform that is connected to the QFS – that happened I understand – either Saturday or Sunday...The government of Iraq was seated over the weekend - so they are ready to go – Is the rate out yet? We don’t have the rate...we know what it was when it first came on... [post 1 of 2....stay tuned]
7-6-2022 Newshound Guru Pimpy The kind of chatter that's going on in Iraq is not the kind that we want to hear...Maliki wants to be prime minister of Iraq...If Maliki gets the prime minister spot this is all bad because he will team up with the people that you don't want him to team up with, such as China and Russia...As an Iraqi dinar investor this is probably something you don't want to be dealing with...Maliki becoming the prime minister of Iraq.
7-6-2022 Newshound Guru Tivon Article: "Food Security Law Comes into Force" Now we are working with something. Do you guys remember what Mazhar M. Saleh stated back on June 8th 2022? He said the EFSL will move the wheels of the Iraqi economy correct?
7-6-2022 Newshound Guru Samson Article: "Food Security Law Comes into Force" Quote: "The Iraqi Gazette published the Emergency Support Law for Food Security and Development. After its publication in the Official Gazette, the law will have entered into force..."
7-6-2022 Guest Guru Suzie ...For the monetary reform/new exchange rate to appear Iraq NEEDS to be fully article 8 compliant which they are not, and they need a fully seated Government which they don't, and the new EFSL as we all know has not appeared in the Gazette as of yet even tho' the 15 days has passed. Even being "hooked" up globally, the AMF, etc, atm's in place, their gold reserves and everything else points to the fact they're ready and supposedly moving quickly, they still have to have what I've mentioned IMO...
7-6-2022 Intel Guru MarkZ [via PDK] RV news remains very quiet as we watch the existing financial system around the world implode...
7-6-2022 Newshound/Intel Guru Mnt Goat Two articles in today’s news...brags about the amount of Iraqi gold and the CBI reserves. Why are they doing this? ...the rate of the dinar is now 1/6 of a penny and still under the program rate/currency auctions with all this wealth. It must change.
7-5-2022 Newshound Guru Tivon Article "An Economist Confirms The Inability At The Present Time To Reduce The Exchange Rate Of The Dollar" ...The reason I think we are seeing continuous articles as to why they can't reduce the USD price is because Al-Kazemi has not been officially approved or voted on to run the country...They are nervous because they are not sure Mailiki is not officially out of power...As long as he appears to still have his foot in the race they will be hesitant to cause any upheaval.
7-5-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Here we have for the third time, an article from the Maliki team...
Keep in mind his only desire is to keep Iraq at a program rate. 1200 is truly no better than 1460 and he knows that very well...When Maliki says go back to the previous, he definitely doesn’t mean the PREVIOUS ERA.
7-5-2022 Newshound Guru Pimpy We are hearing a ton of rumors and that's not just from one source...These are just rumors. There's a lot of talk that Iraq is going into the gold standard but first thing they need to reduce the amount of Iraqi dinar currency in circulation which is good for us. The last thing you want to hear is that there's too much Iraqi dinar out there they're going to go ahead and replace it with new currency ...Let them destroy the amount of currency that's in circulation. The lower that number becomes the more valuable their currency becomes. Think supply and demand.
7-5-2022 Newshound Guru Sandy Ingram Article "Russia may be India's biggest crude supplier in June, a historic first" Russian oil is on pace to account for 21% of all imports into India shrinking the shares of Iraqi and U.S. crude oil exports into India.
7-5-2022 Intel Guru Frank26 Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022" GDP EQUALS GREAT DINAR POTENTIAL.
7-5-2022 Intel Guru MarkZ [via PDK] Question: ...do you think we close to the RV? My sources still think any minute to mid July. But we don’t control the timing.
7-5-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "A parliamentary bloc moves to lower the dollar exchange rate" The article speaks of a gradual reduction of the exchange rate. They as well mentioned going back to the previous era, something that numerous articles had mentioned...the previous exchange rate, although not my definition of an "era", was1200...Personally, with their political impasse & still so much corruption...I look for a new seated government & then we see where that takes us.
7-5-2022 Intel Guru RayRen98 Several banks sources are collaborating the expectation of exchange activity this week. Iraqi contacts, Treasury and Federal Reserve sources are stating the same expectation. Time Will Tell...!
7-5-2022 Newshound Guru Kaperoni Al-Maliki insists he is the best candidate for prime minister. Iraqis need to wake up he is as corrupt as it gets! Say no! ...Until there is a new government formed without al-Maliki, and Parliament passes over a 100 stalled laws, that can be no significant change in Iraq's economy.
7-5-2022 Newshound Guru Militiaman The wheels of the Iraq Economic bus must go round and round. The playing field is imo about level now. Not much left to be exposed except the CBI showing us a new exchange rate to make those wheels spin freely around the world...imo.
7-5-2022 Newshound Guru Tivon Article: "A parliamentary bloc moves to lower the dollar exchange rate" Well this is what we were waiting on. I wonder what the starting rate will be? Internally they can gradually reduce the rate of the USD. Externally raising the IQD rate in the open market is another story. Are both being done in conjunction until parity is complete[?]...The EFSL is definitely going to benefit. But they are so hush hush about it.
7-5-2022 Intel Guru MarkZ [via PDK] Article: “Iraqi central bank denies rumors of change to dinar-dollar rate” We knew we would start seeing this close to the end. They try to cloud the information. Nothing would make them happier than for all of you guys to give up and sell your dinar back to a dealer. That would make their day. So right now they are doing exactly what we expected them to do in the final days. [post 2 of 2]
7-5-2022 Intel Guru MarkZ [via PDK] The news is all over the place coming out of Iraq. Which is exactly what we saw in Kuwait and exactly what we saw in China during their last revaluation. This is exactly what we expected to start seeing. Article: “The Central Bank of Iraq: The exchange rate cannot be changed and this is the size of the gold and currency reserves” They talk about how great things are over there and then they deny these rumors…They have to deny these rumors. This is their job. This is compartmentalized. They are doing their best to suck as much dinar off the streets as they can here at the end. [post 1 of 2....stay tuned]
7-5-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Here we have for the third time, an article from the Maliki team...
Keep in mind his only desire is to keep Iraq at a program rate. 1200 is truly no better than 1460 and he knows that very well...When Maliki says go back to the previous, he definitely doesn’t mean the PREVIOUS ERA.
7-5-2022 Newshound Guru Pimpy We are hearing a ton of rumors and that's not just from one source...These are just rumors. There's a lot of talk that Iraq is going into the gold standard but first thing they need to reduce the amount of Iraqi dinar currency in circulation which is good for us. The last thing you want to hear is that there's too much Iraqi dinar out there they're going to go ahead and replace it with new currency ...Let them destroy the amount of currency that's in circulation. The lower that number becomes the more valuable their currency becomes. Think supply and demand.
7-5-2022 Newshound Guru Sandy Ingram Article "Russia may be India's biggest crude supplier in June, a historic first" Russian oil is on pace to account for 21% of all imports into India shrinking the shares of Iraqi and U.S. crude oil exports into India.
7-5-2022 Intel Guru Frank26 Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022" GDP EQUALS GREAT DINAR POTENTIAL.
7-5-2022 Intel Guru MarkZ [via PDK] Question: ...do you think we close to the RV? My sources still think any minute to mid July. But we don’t control the timing.
7-5-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "A parliamentary bloc moves to lower the dollar exchange rate" The article speaks of a gradual reduction of the exchange rate. They as well mentioned going back to the previous era, something that numerous articles had mentioned...the previous exchange rate, although not my definition of an "era", was1200...Personally, with their political impasse & still so much corruption...I look for a new seated government & then we see where that takes us.
7-5-2022 Intel Guru RayRen98 Several banks sources are collaborating the expectation of exchange activity this week. Iraqi contacts, Treasury and Federal Reserve sources are stating the same expectation. Time Will Tell...!
7-5-2022 Newshound Guru Kaperoni Al-Maliki insists he is the best candidate for prime minister. Iraqis need to wake up he is as corrupt as it gets! Say no! ...Until there is a new government formed without al-Maliki, and Parliament passes over a 100 stalled laws, that can be no significant change in Iraq's economy.
7-5-2022 Newshound Guru Militiaman The wheels of the Iraq Economic bus must go round and round. The playing field is imo about level now. Not much left to be exposed except the CBI showing us a new exchange rate to make those wheels spin freely around the world...imo.
7-5-2022 Newshound Guru Tivon Article: "A parliamentary bloc moves to lower the dollar exchange rate" Well this is what we were waiting on. I wonder what the starting rate will be? Internally they can gradually reduce the rate of the USD. Externally raising the IQD rate in the open market is another story. Are both being done in conjunction until parity is complete[?]...The EFSL is definitely going to benefit. But they are so hush hush about it.
7-5-2022 Intel Guru MarkZ [via PDK] Article: “Iraqi central bank denies rumors of change to dinar-dollar rate” We knew we would start seeing this close to the end. They try to cloud the information. Nothing would make them happier than for all of you guys to give up and sell your dinar back to a dealer. That would make their day. So right now they are doing exactly what we expected them to do in the final days. [post 2 of 2]
7-5-2022 Intel Guru MarkZ [via PDK] The news is all over the place coming out of Iraq. Which is exactly what we saw in Kuwait and exactly what we saw in China during their last revaluation. This is exactly what we expected to start seeing. Article: “The Central Bank of Iraq: The exchange rate cannot be changed and this is the size of the gold and currency reserves” They talk about how great things are over there and then they deny these rumors…They have to deny these rumors. This is their job. This is compartmentalized. They are doing their best to suck as much dinar off the streets as they can here at the end. [post 1 of 2....stay tuned]
7-4-2022 Newshound Guru Pimpy Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" Another article talking about the Iraqi exchange rate. This might not be anything other than the fact that they just keep reminding people that the exchange rate is not going to change. But it is kind of hard not to remember what happened over there in Kuwait when they told everybody it would be years and then turn around and did the rate change the next day...
7-4-2022 Newshound Guru Sandy Ingram Article: "Russia's Middle East Footprint Expands With New Iran-Iraq Plan" the withdrawal of Al-Sadr's group from the Iraqi government COULD open the door for Moscow...
7-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] As far as the budget maybe coming out in October, remember the rate is not waiting on the budget. The budget is waiting on the rate...what is needed is a seated government for all of this to come together.
7-4-2022 Newshound Guru Samson Article: "Al-Kazemi: Failure to pass the budget leads to a delay of about 10 years in providing services in Iraq" Quote: "in 2020, we did not have a budget, and in the following year 2021 the budget was available, and now in 2022 there is no budget, so how can the government work and provide the best without Budget?"
7-4-2022 Newshound Guru Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about ..issuing a new Iraqi dinar replacing the old.
7-4-2022 Newshound Guru Breitling Question "What does Iraq need to do to add value to their currency?" ...They don't need to do anything...what specifically Iraq is going to have to do is sit there and watch the energy markets. See who goes where. Their markets can expand if they expand to China...but guess what Iraq wants to do? They want China to trade in their own currency and so they have to have the currency up and going to be able to do that...It's hard to predict the day but everyone knows they're going to do it.
7-4-2022 Guru Nader From The Mid East The budget I think they'll pass it by next month. I don't know if the exchange rate it it's in or not. I have no idea.
7-4-2022 Intel Guru MarkZ [via PDK] ...I am still hearing fantastic things and that we are on the cusp of it…. RV within days or up to at the most a couple of weeks. They are confident we are at the end and I think they are accurate based on what I am seeing around the world in financial markets…
7-4-2022 Newshound Guru Tivon So in that sense a parliamentary session would be the time & place to issue a legal decision regarding the reduction in the USD price...apparently they can not (House of Representatives) distribute any funds because Hakim Al-Zamili even stated that he will take up everything with the relevant authorities once the EFSL is published in the Gazette. Which is MIA... you should keep an eye out for the official publication. [Post 2 of 2]
7-4-2022 Newshound Guru Tivon What did Al-Kazemi say to his cabinet? That he wanted at the earliest session to address the issue of reducing the USD rate against the IQD right? So why would we expect anything prior? He said this on June 23rd...We got a heads up on a potential timeline for a change in the rate. Between now and then I am looking for the Gazette announcement. [Post 1 of 2....stay tuned]
7-4-2022 Intel Guru Frank26 Article: "The Central Bank raises the financing needed for its development initiatives to 18 trillion dinars" THE CBI HAS TO FLOOD THE STREETS...WITH THE NSCN's NOW!
7-4-2022 Intel Guru MarkZ [via PDK] [When has an RV ever happened before?] ...to everyone who says it doesn’t happen this way…Iraq has revalued their currency 3 times in the last 100 years. Also Germany and Japan RV’s after World War 2...I have also mentioned Kuwait... There are many countries who have revalued throughout history…
7-4-2022 Newshound/Intel Guru Mnt Goat ...Let’s look at the steps of currency reform playing out: 1. They completed the banking reforms, 2. They hooked the banking and financial sector into the global financial sector (updating technology), 3. they conduct the reinstatement and the project to delete the zeros, 4. they can then limit the money supply, end the inflation and back most of their dinar with gold. Yes, gold backed and much more than is even required by the Basil requirements. Oh – but the dinar is just 1/6 of a penny? Why they constantly bragging so much? Are they prepping the outside world to get invested in Iraq in the near future?
7-4-2022 Newshound Guru Sandy Ingram Article: "Russia's Middle East Footprint Expands With New Iran-Iraq Plan" the withdrawal of Al-Sadr's group from the Iraqi government COULD open the door for Moscow...
7-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] As far as the budget maybe coming out in October, remember the rate is not waiting on the budget. The budget is waiting on the rate...what is needed is a seated government for all of this to come together.
7-4-2022 Newshound Guru Samson Article: "Al-Kazemi: Failure to pass the budget leads to a delay of about 10 years in providing services in Iraq" Quote: "in 2020, we did not have a budget, and in the following year 2021 the budget was available, and now in 2022 there is no budget, so how can the government work and provide the best without Budget?"
7-4-2022 Newshound Guru Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about ..issuing a new Iraqi dinar replacing the old.
7-4-2022 Newshound Guru Breitling Question "What does Iraq need to do to add value to their currency?" ...They don't need to do anything...what specifically Iraq is going to have to do is sit there and watch the energy markets. See who goes where. Their markets can expand if they expand to China...but guess what Iraq wants to do? They want China to trade in their own currency and so they have to have the currency up and going to be able to do that...It's hard to predict the day but everyone knows they're going to do it.
7-4-2022 Guru Nader From The Mid East The budget I think they'll pass it by next month. I don't know if the exchange rate it it's in or not. I have no idea.
7-4-2022 Intel Guru MarkZ [via PDK] ...I am still hearing fantastic things and that we are on the cusp of it…. RV within days or up to at the most a couple of weeks. They are confident we are at the end and I think they are accurate based on what I am seeing around the world in financial markets…
7-4-2022 Newshound Guru Tivon So in that sense a parliamentary session would be the time & place to issue a legal decision regarding the reduction in the USD price...apparently they can not (House of Representatives) distribute any funds because Hakim Al-Zamili even stated that he will take up everything with the relevant authorities once the EFSL is published in the Gazette. Which is MIA... you should keep an eye out for the official publication. [Post 2 of 2]
7-4-2022 Newshound Guru Tivon What did Al-Kazemi say to his cabinet? That he wanted at the earliest session to address the issue of reducing the USD rate against the IQD right? So why would we expect anything prior? He said this on June 23rd...We got a heads up on a potential timeline for a change in the rate. Between now and then I am looking for the Gazette announcement. [Post 1 of 2....stay tuned]
7-4-2022 Intel Guru Frank26 Article: "The Central Bank raises the financing needed for its development initiatives to 18 trillion dinars" THE CBI HAS TO FLOOD THE STREETS...WITH THE NSCN's NOW!
7-4-2022 Intel Guru MarkZ [via PDK] [When has an RV ever happened before?] ...to everyone who says it doesn’t happen this way…Iraq has revalued their currency 3 times in the last 100 years. Also Germany and Japan RV’s after World War 2...I have also mentioned Kuwait... There are many countries who have revalued throughout history…
7-4-2022 Newshound/Intel Guru Mnt Goat ...Let’s look at the steps of currency reform playing out: 1. They completed the banking reforms, 2. They hooked the banking and financial sector into the global financial sector (updating technology), 3. they conduct the reinstatement and the project to delete the zeros, 4. they can then limit the money supply, end the inflation and back most of their dinar with gold. Yes, gold backed and much more than is even required by the Basil requirements. Oh – but the dinar is just 1/6 of a penny? Why they constantly bragging so much? Are they prepping the outside world to get invested in Iraq in the near future?
7-3-2022 Newshound Guru Kaperoni ...A news article came out quoting from the State of Law coalition that al-Maliki more than likely will be there candidate for prime minister...this is not good!
7-3-2022 Newshound Guru Jeff Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" The way all this works is...before they can approve budget for the whole year of '22 they would have had to have change the exchange rate first..the rate has to be positioned and in place before the budget can get approved. Iraq has not done a budget for this year nor have they adjusted the exchange rate now you have the #2 man at the central bank telling you they have no intentions at this time of adjusting their exchange rate...none of this news you're seeing is truthful right here...
7-3-2022 Newshound Guru Tivon Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" Always pay attention to the last few statements when they start off so bold. They always dismiss everything they say once they refer to other authorities...The guy just denounced his own position or ineligibility once he stated "The Ruler, has the power to decide when to change the exchange rate." Ask yourself who is the Ruler? Al-Kazemi? Mustafa Galeh? Barham Salih? Because...none of the three have come out and supported any other statements when the exchange rate will be changed.
7-3-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" THE DEPUTY GOV OF THE CBI...IS NOT IN CONTROL OF THE EXCHANGE RATE.
7-3-2022 Newshound Guru Pimpy ...A bunch of talk between people who deal with currencies. It's just rumors...The people I'm getting the information from as credible as they are it always makes me reluctant when there's nothing that I can use to validate what is being said. They have had a major increase in their gold reserves. That's a major major step...if you start seeing that the Iraqi government is indeed doing whatever it takes to reduce the amount of Iraqi dinars in circulation then you know that the rumor is true - that they are heading in the direction in which they want a gold backed currency. [Post 2 of 2]
7-3-2022 Newshound Guru Pimpy ...The rumor is Iraq is thinking about going to the gold standard which would be huge. But one of the things they want to do is they have to find a way to start lowering the number of dinars that are in circulation. The good news is that they're not going to replace the dinar which is the biggest fear. But what they're looking to do is reduce the amount in circulation. I have not heard how that's going to happen. [Post 1 of 2....stay tuned]
7-3-2022 Newshound Guru Sandy Ingram "Iraq Ranked 30th in the World And Fourth In The Arab World With Central Bank Gold Reserves" The Central Bank of Iraq has quietly been buying more gold for Iraq...The Central Bank of Iraq has moved up 10 spots on the table of countries with the most gold reserves...Iraq said in a statement that the purchase of new quantities of gold is an increase of 35%...
7-3-2022 Intel Guru MarkZ [via PDK] [...does Vietnam have to wait for Iraq to rv, or can they go on their own?] they could go on their own. They would just have to go at a lower value than they would like but still could make a substantial change whenever.
7-3-2022 Newshound/Intel Guru Mnt Goat "AL-HIKMA TALKS ABOUT A FUTURE GOVERNMENT COMMITTEE TO DEAL WITH THE PRICE OF THE DOLLAR" Remember that if the price of the dollar is reduced the price of the dinar increases...
7-3-2022 Newshound Guru Jeff Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" The way all this works is...before they can approve budget for the whole year of '22 they would have had to have change the exchange rate first..the rate has to be positioned and in place before the budget can get approved. Iraq has not done a budget for this year nor have they adjusted the exchange rate now you have the #2 man at the central bank telling you they have no intentions at this time of adjusting their exchange rate...none of this news you're seeing is truthful right here...
7-3-2022 Newshound Guru Tivon Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" Always pay attention to the last few statements when they start off so bold. They always dismiss everything they say once they refer to other authorities...The guy just denounced his own position or ineligibility once he stated "The Ruler, has the power to decide when to change the exchange rate." Ask yourself who is the Ruler? Al-Kazemi? Mustafa Galeh? Barham Salih? Because...none of the three have come out and supported any other statements when the exchange rate will be changed.
7-3-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" THE DEPUTY GOV OF THE CBI...IS NOT IN CONTROL OF THE EXCHANGE RATE.
7-3-2022 Newshound Guru Pimpy ...A bunch of talk between people who deal with currencies. It's just rumors...The people I'm getting the information from as credible as they are it always makes me reluctant when there's nothing that I can use to validate what is being said. They have had a major increase in their gold reserves. That's a major major step...if you start seeing that the Iraqi government is indeed doing whatever it takes to reduce the amount of Iraqi dinars in circulation then you know that the rumor is true - that they are heading in the direction in which they want a gold backed currency. [Post 2 of 2]
7-3-2022 Newshound Guru Pimpy ...The rumor is Iraq is thinking about going to the gold standard which would be huge. But one of the things they want to do is they have to find a way to start lowering the number of dinars that are in circulation. The good news is that they're not going to replace the dinar which is the biggest fear. But what they're looking to do is reduce the amount in circulation. I have not heard how that's going to happen. [Post 1 of 2....stay tuned]
7-3-2022 Newshound Guru Sandy Ingram "Iraq Ranked 30th in the World And Fourth In The Arab World With Central Bank Gold Reserves" The Central Bank of Iraq has quietly been buying more gold for Iraq...The Central Bank of Iraq has moved up 10 spots on the table of countries with the most gold reserves...Iraq said in a statement that the purchase of new quantities of gold is an increase of 35%...
7-3-2022 Intel Guru MarkZ [via PDK] [...does Vietnam have to wait for Iraq to rv, or can they go on their own?] they could go on their own. They would just have to go at a lower value than they would like but still could make a substantial change whenever.
7-3-2022 Newshound/Intel Guru Mnt Goat "AL-HIKMA TALKS ABOUT A FUTURE GOVERNMENT COMMITTEE TO DEAL WITH THE PRICE OF THE DOLLAR" Remember that if the price of the dollar is reduced the price of the dinar increases...
7-2-2022 Intel Guru MarkZ [via PDK] Article: “Including Iraq, The World Gold Council reveals the reserves of the Arab countries of the yellow metal” in this article they are talking about the rankings- and they give Iraq #6 …but they have recently added to their gold holdings making them now #4 in wealthiest countries in gold holdings in the entire region… I find this article interesting because we just had one out of Iraq this week that they had upped their gold holdings to 130 metric tons… You have to ask yourself “Why this enormous jump from #6 to #4? What is the driving factor there?
7-2-2022 Intel Guru Frank26 Question: "Do you think they have to get rid of all the corruption first [Before the rate change/RV?" Of course not. You're never going to get rid of the corruption. Never...the key is look where it's at now. Controlled...
7-2-2022 Intel Guru Bruce [via WiserNow] The rate is out but we do not know what it is – some of our bankers have seen it – some know that it is trading – we do know that – it’s probably traded up to what they wanted it to be now – not a concern – it’s happening...
7-2-2022 Newshound Guru Walkingstick [via Frank26] Why go through all the accounting they have gone through over the last 6 months to change the rate back to 1200? That would be pointless. The CBI has done all the necessary steps to float and educate the citizens and the other banks around the world about the new exchange rate. Parliament can demand all they want but it is only the CBI's responsibly and only the CBI that has the power to change anything for the GOI...they take action on behalf of the GOI.
7-2-2022 Newshound Guru Samson Article "The Central Bank: The assets of the banking sector grew by 21% in two years" Quote "He added, "Accounts doubled to more than 7 million open bank accounts, as well as electronic payment cards, which rose from 10 million to more than 14 million cards, and ATMs increased to more than 1,500 machines and points of sale to more than 7,000..."
7-2-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article: "A large sum of money was seized in the possession of a
foreign passenger at Najaf Airport" If he was/is following what K says or does, then he should have known that the current government is trying to set up for the next government for this person to even be able to exchange. Likely several months too early.
7-2-2022 Intel Guru MarkZ [via PDK] The last 36 hours has been very, very quiet…It’s like we hit a “silence” wall. Hopefully that is a good thing and we will soon wake up to a new world…just manage your expectations right now because it is just that quiet...
7-2-2022 Newshound Guru Pimpy Hearing some very very very interesting rumors regarding the Iraqi dinar. I'm not sure how much credence I should give to what I'm hearing. It's all speculative and rumor but this is a lot of chitter chatter going on amongst those who deal in currencies. Iraq has been making a very strong power move in the gold area. The speculators are saying that that has something to do with a move that Iraq is about to make that includes the gold reserves that they have been increasing...
7-2-2022 Intel Guru Bruce [via WiserNow] I think we are finally hearing from Iraq...that they will be seating their government – their Parliament – their Prime Minister – President...this weekend...
7-2-2022 Intel Guru Frank26 Question: "Do you think they have to get rid of all the corruption first [Before the rate change/RV?" Of course not. You're never going to get rid of the corruption. Never...the key is look where it's at now. Controlled...
7-2-2022 Intel Guru Bruce [via WiserNow] The rate is out but we do not know what it is – some of our bankers have seen it – some know that it is trading – we do know that – it’s probably traded up to what they wanted it to be now – not a concern – it’s happening...
7-2-2022 Newshound Guru Walkingstick [via Frank26] Why go through all the accounting they have gone through over the last 6 months to change the rate back to 1200? That would be pointless. The CBI has done all the necessary steps to float and educate the citizens and the other banks around the world about the new exchange rate. Parliament can demand all they want but it is only the CBI's responsibly and only the CBI that has the power to change anything for the GOI...they take action on behalf of the GOI.
7-2-2022 Newshound Guru Samson Article "The Central Bank: The assets of the banking sector grew by 21% in two years" Quote "He added, "Accounts doubled to more than 7 million open bank accounts, as well as electronic payment cards, which rose from 10 million to more than 14 million cards, and ATMs increased to more than 1,500 machines and points of sale to more than 7,000..."
7-2-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article: "A large sum of money was seized in the possession of a
foreign passenger at Najaf Airport" If he was/is following what K says or does, then he should have known that the current government is trying to set up for the next government for this person to even be able to exchange. Likely several months too early.
7-2-2022 Intel Guru MarkZ [via PDK] The last 36 hours has been very, very quiet…It’s like we hit a “silence” wall. Hopefully that is a good thing and we will soon wake up to a new world…just manage your expectations right now because it is just that quiet...
7-2-2022 Newshound Guru Pimpy Hearing some very very very interesting rumors regarding the Iraqi dinar. I'm not sure how much credence I should give to what I'm hearing. It's all speculative and rumor but this is a lot of chitter chatter going on amongst those who deal in currencies. Iraq has been making a very strong power move in the gold area. The speculators are saying that that has something to do with a move that Iraq is about to make that includes the gold reserves that they have been increasing...
7-2-2022 Intel Guru Bruce [via WiserNow] I think we are finally hearing from Iraq...that they will be seating their government – their Parliament – their Prime Minister – President...this weekend...
7-1-2022 Intel Guru MarkZ [via PDK] I can tell you that anytime in the past the countries that revalued their currencies and had large denomination bills…they were given a certain time period in which you have to redeem them before they are considered worthless…If you want to hang on to them…it’s up to you…but if they tell you in 90 days (example) those notes are worthless…you may have time to hang on to them for a bit to see if the rate increases… it all depends on how much you want to gamble.
7-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Bank friend just talked about the ATMs and they are a sign of things that will be coming...they have not heard about when the lower notes are coming but that's a big topic relating to the new ATMs. FRANK: [Firefly's] bank friend tells him the NSCN are associated/connected/bonded to the new ATMs...it can not get any more exciting than this...
7-1-2022 Intel Guru Bruce [via WiserNow] ...the concept that we’ve had of having Christmas in July appears to be something this year that could finally take effect...I did get word that did come from Wells Fargo that we are supposed to have a great week next week...I believe we are going to get something starting probably on the 5th - Tuesday... Tues / Wed looks very promising... with the information that we’re getting it “appears” that everything is ready to go...
7-1-2022 Guru Nader From The Mid East Article in Arabic translation - This is really serious. This thing says that the exchange rate they wanna change that..they're not talking about the... 3 to 1 or $.60 to 1. They're talking about 1200...this is Kazemi who wants to change the rate...I don't want this to happen. If it's like this I want it to stay at 1460...you're gonna put it back at 1200 you'd be very confused...if he changed it now it's gonna take at least a year, two years, or three years more to reinstate the dinar. I hope he doesn't make a bad decision...If he does that he's gotta go. He's not for the people...
7-1-2022 Intel Guru MarkZ [via PDK] It has been exceptionally quiet on the RV front...There is so much disinformation going on right now...Buckle up guys…we are in the heat of the battle. We really are suffering from the “fog of war” right now... the only real news we have today is from Iraq. “The Central Bank takes binding measures to combat money laundering in Iraq” I am told the goal is for them to make one more last grab of what they consider to be illegal dinar before they pull the trigger for the dinar revaluation. This kinda makes sense.
7-1-2022 Newshound Guru Tivon Article: "A large sum of money was seized in the possession of a foreign passenger at Najaf Airport" There is no way he wasn't privy to the announcement made by Al-Kazemi in regards to changing the USD exchange rate some days ago. That would be the only reason I could think of as to the timing of his scheme.
7-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] They are moving at a very fast pace...compared to all the wasted years in the past...they are defending the monetary reform with a new world rate for the Iraqi dinar...Their currency is soon to be convertible...it will float outside the country with a managed/controlled exchange rate by the CBI. The rates will be bouncing all over the markets as the IQD is used internationally to buy, sell trade - all giving the NSCN more security, more stability...
7-1-2022 Newshound Guru Militiaman Article: "The emergency support law enters into force .. Will the government challenge it?" Interesting they tell us today that the ESFL made entry into force. One day after a publishing day for the gazette...Saturday is another publish day for the gazette...I see this article as being an indicator... Possibly a very telling one.
7-1-2022 Intel Guru MarkZ [via PDK] [July 1st is a very realistic day as it starts a new quarter….] Not sure that it matters but it’s also a long 3 day weekend. This is one of the things they said was preferential for pulling the trigger. Doesn’t mean they are going to…. It’s just something that could be a sign.
7-1-2022 Newshound/Intel Guru Mnt Goat There are many articles today...on changing the exchange rate...They are talking about changing the rate back to the pre-devaluation rate of Dec 2020. This is not what we are looking for. In today’s news the minister for finance does explain the “anything is possible”. He also tells us originally, they wanted this new devalued rate for 3 years. Now since oil rose so high and the CBI reserve levels have been met (over the expectations even) that they will have to reconsider this move...
7-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Bank friend just talked about the ATMs and they are a sign of things that will be coming...they have not heard about when the lower notes are coming but that's a big topic relating to the new ATMs. FRANK: [Firefly's] bank friend tells him the NSCN are associated/connected/bonded to the new ATMs...it can not get any more exciting than this...
7-1-2022 Intel Guru Bruce [via WiserNow] ...the concept that we’ve had of having Christmas in July appears to be something this year that could finally take effect...I did get word that did come from Wells Fargo that we are supposed to have a great week next week...I believe we are going to get something starting probably on the 5th - Tuesday... Tues / Wed looks very promising... with the information that we’re getting it “appears” that everything is ready to go...
7-1-2022 Guru Nader From The Mid East Article in Arabic translation - This is really serious. This thing says that the exchange rate they wanna change that..they're not talking about the... 3 to 1 or $.60 to 1. They're talking about 1200...this is Kazemi who wants to change the rate...I don't want this to happen. If it's like this I want it to stay at 1460...you're gonna put it back at 1200 you'd be very confused...if he changed it now it's gonna take at least a year, two years, or three years more to reinstate the dinar. I hope he doesn't make a bad decision...If he does that he's gotta go. He's not for the people...
7-1-2022 Intel Guru MarkZ [via PDK] It has been exceptionally quiet on the RV front...There is so much disinformation going on right now...Buckle up guys…we are in the heat of the battle. We really are suffering from the “fog of war” right now... the only real news we have today is from Iraq. “The Central Bank takes binding measures to combat money laundering in Iraq” I am told the goal is for them to make one more last grab of what they consider to be illegal dinar before they pull the trigger for the dinar revaluation. This kinda makes sense.
7-1-2022 Newshound Guru Tivon Article: "A large sum of money was seized in the possession of a foreign passenger at Najaf Airport" There is no way he wasn't privy to the announcement made by Al-Kazemi in regards to changing the USD exchange rate some days ago. That would be the only reason I could think of as to the timing of his scheme.
7-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] They are moving at a very fast pace...compared to all the wasted years in the past...they are defending the monetary reform with a new world rate for the Iraqi dinar...Their currency is soon to be convertible...it will float outside the country with a managed/controlled exchange rate by the CBI. The rates will be bouncing all over the markets as the IQD is used internationally to buy, sell trade - all giving the NSCN more security, more stability...
7-1-2022 Newshound Guru Militiaman Article: "The emergency support law enters into force .. Will the government challenge it?" Interesting they tell us today that the ESFL made entry into force. One day after a publishing day for the gazette...Saturday is another publish day for the gazette...I see this article as being an indicator... Possibly a very telling one.
7-1-2022 Intel Guru MarkZ [via PDK] [July 1st is a very realistic day as it starts a new quarter….] Not sure that it matters but it’s also a long 3 day weekend. This is one of the things they said was preferential for pulling the trigger. Doesn’t mean they are going to…. It’s just something that could be a sign.
7-1-2022 Newshound/Intel Guru Mnt Goat There are many articles today...on changing the exchange rate...They are talking about changing the rate back to the pre-devaluation rate of Dec 2020. This is not what we are looking for. In today’s news the minister for finance does explain the “anything is possible”. He also tells us originally, they wanted this new devalued rate for 3 years. Now since oil rose so high and the CBI reserve levels have been met (over the expectations even) that they will have to reconsider this move...
6-30-2022 Intel Guru MarkZ [via PDK] I have not seen an update in timing…but most of my folks are looking for something spectacular to happen the first week in July...
6-30-2022 Newshound Guru Godlover The EFSL was created to get them through the current crises & to give their citizens immediate relief. Honestly I think some of what we are witnessing is a lot of uncertainty with Iraqi officials, etc. Just trying to come up with short term solutions until the political situation can be resolved & at the point where the CBI feels comfortable enough to take action. Until then, it's just all theoretical.
6-30-2022 Newshound Guru Walkingstick [via Frank26] When the IQD...goes on an international float it will become convertible. At that point...The CBI will inject the NSCN into the streets/into the hands of the Iraqi citizens to defend their exchange rate...the idea is when they do go international and float their currency the IQD will be within 2% to 3% compliant as required. They are telling the citizens the CBI has the means to defend their exchange rate as it floats.
6-30-2022 Newshound Guru Kaperoni What is being talked about in Iraq is not an RV as the gurus insist. They are educating citizens via symposiums on a currency exchange which is a neutral event (LOP). We have to hope that this plan for the currency exchange is not implemented and they follow guidance of the IMF which is encouraging them to gradually appreciate the currency over time based on success and growth of the economy. This is the best chance of any significant gain.
6-30-2022 Newshound Guru Tivon they only want to approve the Budget for the Final Accounts. And the 2022/2023 Budget will be for new projects. The EFSL is currently being used to pick up on stalled projects from the previous 2021 Budget. Why? Because that particular budget was supposed to raise the value of the IQD. But since they never formed a government last year they couldn't open it. [Post 2 of 2]
6-30-2022 Newshound Guru Tivon Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" Keep in mind what they need the 2022 Budget for. They don't need it for money. Simply because they are only willing to put an extra 25 trillion in the 2022 Budget. More than Half of what is in the EFSL... [Post 1 of 2....stay tuned]
6-30-2022 Newshound Guru Samson Article: "Iran wants Al-Kazemi to remain in his position... and the leaders of the Coordination Framework meet with him in Tehran in the presence of Ismail Qaani!"
6-30-2022 Newshound Guru Militiaman Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Now we finally see that 30-40 tonnes of gold show up they found on the Syrian Border..? Why now are they telling us this now? Well, they have far more reserves now that ever needed for to support the new exchange rate change.
6-30-2022 Intel Guru MarkZ [via PDK] Article: “Financial advisor Mazzar Muhammid Salih surprised the Iraqis about the possibility of changing or reducing the exchange rate of the dollar against the dinar” This means the dinar gains value. They also said just the day before that they needed 100 signatures from parliamentary members to address the value…and I believe they got those signatures. They are talking about changing the rate nonstop over there guys. And the need to change the value. We have not seen them change the value yet…but... they are having open conversations with their people and in their parliament about this...with the IMF the US, ect…this is exceptional news. We just need to buckle up and hold on through these final days.
6-30-2022 Intel Guru Frank26 Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" THE EXCHANGE RATE DOES NOT HAVE TO WAIT UNTIL OCTOBER... IT IS THE BUDGET THAT AWAITS...'A NEW WORLD RATE'!
6-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADVANCES 10 RANKS GLOBALLY.. THE CENTRAL BANK ANNOUNCES THE INCREASE IN ITS GOLD RESERVES" Quote: "The bank confirmed, The purchase of new quantities of gold...an increase of 35% over what was in its possession." WOW! An increase of 35%! That is amazing!
6-30-2022 Newshound/Intel Guru RVAlready The RV seems to be rounding the far turn, headed for the home stretch.
6-30-2022 Intel Guru Bruce [via WiserNow] ...the new Iraqi Dinar...the NID – was placed on the banks screens for trading...last Sunday...the Dinar came out at 68 cents ($.68) and by 11 am Monday it had traded up to $5.60 – it should be trading much higher than that now and should be trading on up to numbers that we had talked about that Dr Shabbibi had talked about... I am hearing that we should be at that number or greater – ok – so we will see how that goes – it’s certainly on its way now and is being traded as we speak – right now –internationally – globally...it’s being traded on what we would call grey screens or back screens – for the banks...When the time is right it will be placed out on the front screens with the other currencies that we are looking to exchange...
6-30-2022 Newshound Guru Godlover The EFSL was created to get them through the current crises & to give their citizens immediate relief. Honestly I think some of what we are witnessing is a lot of uncertainty with Iraqi officials, etc. Just trying to come up with short term solutions until the political situation can be resolved & at the point where the CBI feels comfortable enough to take action. Until then, it's just all theoretical.
6-30-2022 Newshound Guru Walkingstick [via Frank26] When the IQD...goes on an international float it will become convertible. At that point...The CBI will inject the NSCN into the streets/into the hands of the Iraqi citizens to defend their exchange rate...the idea is when they do go international and float their currency the IQD will be within 2% to 3% compliant as required. They are telling the citizens the CBI has the means to defend their exchange rate as it floats.
6-30-2022 Newshound Guru Kaperoni What is being talked about in Iraq is not an RV as the gurus insist. They are educating citizens via symposiums on a currency exchange which is a neutral event (LOP). We have to hope that this plan for the currency exchange is not implemented and they follow guidance of the IMF which is encouraging them to gradually appreciate the currency over time based on success and growth of the economy. This is the best chance of any significant gain.
6-30-2022 Newshound Guru Tivon they only want to approve the Budget for the Final Accounts. And the 2022/2023 Budget will be for new projects. The EFSL is currently being used to pick up on stalled projects from the previous 2021 Budget. Why? Because that particular budget was supposed to raise the value of the IQD. But since they never formed a government last year they couldn't open it. [Post 2 of 2]
6-30-2022 Newshound Guru Tivon Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" Keep in mind what they need the 2022 Budget for. They don't need it for money. Simply because they are only willing to put an extra 25 trillion in the 2022 Budget. More than Half of what is in the EFSL... [Post 1 of 2....stay tuned]
6-30-2022 Newshound Guru Samson Article: "Iran wants Al-Kazemi to remain in his position... and the leaders of the Coordination Framework meet with him in Tehran in the presence of Ismail Qaani!"
6-30-2022 Newshound Guru Militiaman Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Now we finally see that 30-40 tonnes of gold show up they found on the Syrian Border..? Why now are they telling us this now? Well, they have far more reserves now that ever needed for to support the new exchange rate change.
6-30-2022 Intel Guru MarkZ [via PDK] Article: “Financial advisor Mazzar Muhammid Salih surprised the Iraqis about the possibility of changing or reducing the exchange rate of the dollar against the dinar” This means the dinar gains value. They also said just the day before that they needed 100 signatures from parliamentary members to address the value…and I believe they got those signatures. They are talking about changing the rate nonstop over there guys. And the need to change the value. We have not seen them change the value yet…but... they are having open conversations with their people and in their parliament about this...with the IMF the US, ect…this is exceptional news. We just need to buckle up and hold on through these final days.
6-30-2022 Intel Guru Frank26 Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" THE EXCHANGE RATE DOES NOT HAVE TO WAIT UNTIL OCTOBER... IT IS THE BUDGET THAT AWAITS...'A NEW WORLD RATE'!
6-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADVANCES 10 RANKS GLOBALLY.. THE CENTRAL BANK ANNOUNCES THE INCREASE IN ITS GOLD RESERVES" Quote: "The bank confirmed, The purchase of new quantities of gold...an increase of 35% over what was in its possession." WOW! An increase of 35%! That is amazing!
6-30-2022 Newshound/Intel Guru RVAlready The RV seems to be rounding the far turn, headed for the home stretch.
6-30-2022 Intel Guru Bruce [via WiserNow] ...the new Iraqi Dinar...the NID – was placed on the banks screens for trading...last Sunday...the Dinar came out at 68 cents ($.68) and by 11 am Monday it had traded up to $5.60 – it should be trading much higher than that now and should be trading on up to numbers that we had talked about that Dr Shabbibi had talked about... I am hearing that we should be at that number or greater – ok – so we will see how that goes – it’s certainly on its way now and is being traded as we speak – right now –internationally – globally...it’s being traded on what we would call grey screens or back screens – for the banks...When the time is right it will be placed out on the front screens with the other currencies that we are looking to exchange...
6-29-2022 Newshound Guru Tivon Article: "In a quiet fire" .. a surprising and important statement by the Prime Minister's advisor about changing the dollar exchange" ...The volatility in the markets is what appears to be the deciding factor as to how long it take to feel comfortable with reinstating the Dinar...But they still allude to going through with it in spite of and will just adjust on the fly as the rate gradually increase from 1:1. So the problem may not necessarily be coming out at equal value but maintaining it.
6-29-2022 Intel Guru MarkZ [via PDK] Article From Iraq: “Dollar Exchange rates are declining in Baghdad and the Kurdish region” Why is this important? Normally in the local markets they were holding onto US dollars because of the instability of the dinar. What we have seen in the past when we have been close and anticipating an exchange is they will start refusing to part with their dinar. People are putting a higher value on dinar now and not wanting to give it up. The people on the streets are anticipating a value change. That is a great sign –imo- that we are close.
6-29-2022 Newshound Guru Samson Article: "OPEC: Iraq is the fourth in the world in oil reserves" Quote: "Iraq ranked fourth globally in the world's largest proven reserves, with 145.019 billion barrels, after Venezuela, which came first, with 303.468 billion barrels, while Saudi Arabia came second, with 267.192 billion barrels, and Iran came third with 208.600 billion barrels."
6-29-2022 Intel Guru Frank26 FRANK: ...The Iraqi citizens are aware...why do you think the ATMs can instantly do calculations? ...Because the Iraqi dinar is going to float...Brilliant! As it continues to float up in value the citizens are not losing any money...when they withdraw from the ATMs. Wow that's pretty good. They are explaining to the citizens what these machines will do.... [Post 2 of 2]
6-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Had a spokesman on the news giving explanation saying these new ATMs have the capability to take the money and do instant calculations on whatever the rates may be set at. For example only machines can handle floats of currency rates and give back the exact amounts for transactions at the currency rate of transaction...they are educating all of us... [Post 1 of 2....stay tuned]
6-29-2022 Newshound Guru Godlover Article: "In a quiet fire" .. a surprising and important statement by the Prime Minister's advisor about changing the dollar exchange" This article makes it even clearer that the EFSL was created for the purpose of citizens immediate needs & to get them through until the CBI takes action on giving them purchasing power...Another article...the need for a new government & 2022 budget.
6-29-2022 Newshound Guru Pimpy Article: "Paramilitary Finance denies the possibility of restoring the dollar exchange rate..." This is another one of those article where they start talking about the exchange rate...it is always interesting to me to see how many articles are in the news in regards to the exchange rate. They've already said what they wanted to do but they're constantly in the news reminding everybody that they have no intentions on changing the rate. If that's the case then why do you keep talking about it?
6-29-2022 Newshound Guru Militiaman Article: "Association of Banks: More than 14.9 million bank cards in Iraq" They have close to 50% saturation in the country from the looks of it for cards in the hands of the citizens. They have been telling us all about the new ATMs lately too. The advanced ATMs that can not decipher multiple currencies and at varied exchange rates. They can recycle cash as well. This is more education and support that they are geared for internationalism...
6-29-2022 Intel Guru MarkZ [via PDK] It’s really positive all the news coming out of Iraq and it all centers around the white papers, economic reform AND an increase of the value of their currency. It’s exciting times in the Iraqi news and we know we are close but we don’t know exactly the timing. ...this is the number one goal for them. ...its exciting times for them…and fortunately exciting times for us.
6-29-2022 Newshound Guru Tivon Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" ...the reserves are prepared to protect against local & international changes! Consider what that means when you think about the 100 deputies signing on to follow through on what Al-Kazemi requested of them [lower the exchange rate]... Mazhar Saleh (Financial Advisor) said that they can maintain the purchasing power that will result from the reinstatement because of their reserves....
6-29-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: THE DOLLAR EXCHANGE RATE WILL NOT RETURN TO ITS PREVIOUS ERA DUE TO INTERNATIONAL OBLIGATIONS" ...we read in this article that the “previous era” is referring to the old program rate and not pre-1991 era rate...Instead of changing the program rate back to the old program rate they are going to reinstate it and get off the program rate altogether...Also we read that the economic growth will meet monetary obligations of the World Bank...they already have a timeline set up for the reinstatement...This IQD will be reinstated. We will be going to the bank soon as they are just waiting for a “STABLE GOVERNMENT”.
6-29-2022 Newshound Guru Walkingstick [via Frank26] The CBI is meeting with the AMF (Arab Monetary Fund). The topic of this meeting is the "swapping" of currencies with a number of countries in the Middle East region. Why would you want to swap a toilet paper valued currency? You wouldn't...
6-29-2022 Intel Guru MarkZ [via PDK] Article From Iraq: “Dollar Exchange rates are declining in Baghdad and the Kurdish region” Why is this important? Normally in the local markets they were holding onto US dollars because of the instability of the dinar. What we have seen in the past when we have been close and anticipating an exchange is they will start refusing to part with their dinar. People are putting a higher value on dinar now and not wanting to give it up. The people on the streets are anticipating a value change. That is a great sign –imo- that we are close.
6-29-2022 Newshound Guru Samson Article: "OPEC: Iraq is the fourth in the world in oil reserves" Quote: "Iraq ranked fourth globally in the world's largest proven reserves, with 145.019 billion barrels, after Venezuela, which came first, with 303.468 billion barrels, while Saudi Arabia came second, with 267.192 billion barrels, and Iran came third with 208.600 billion barrels."
6-29-2022 Intel Guru Frank26 FRANK: ...The Iraqi citizens are aware...why do you think the ATMs can instantly do calculations? ...Because the Iraqi dinar is going to float...Brilliant! As it continues to float up in value the citizens are not losing any money...when they withdraw from the ATMs. Wow that's pretty good. They are explaining to the citizens what these machines will do.... [Post 2 of 2]
6-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Had a spokesman on the news giving explanation saying these new ATMs have the capability to take the money and do instant calculations on whatever the rates may be set at. For example only machines can handle floats of currency rates and give back the exact amounts for transactions at the currency rate of transaction...they are educating all of us... [Post 1 of 2....stay tuned]
6-29-2022 Newshound Guru Godlover Article: "In a quiet fire" .. a surprising and important statement by the Prime Minister's advisor about changing the dollar exchange" This article makes it even clearer that the EFSL was created for the purpose of citizens immediate needs & to get them through until the CBI takes action on giving them purchasing power...Another article...the need for a new government & 2022 budget.
6-29-2022 Newshound Guru Pimpy Article: "Paramilitary Finance denies the possibility of restoring the dollar exchange rate..." This is another one of those article where they start talking about the exchange rate...it is always interesting to me to see how many articles are in the news in regards to the exchange rate. They've already said what they wanted to do but they're constantly in the news reminding everybody that they have no intentions on changing the rate. If that's the case then why do you keep talking about it?
6-29-2022 Newshound Guru Militiaman Article: "Association of Banks: More than 14.9 million bank cards in Iraq" They have close to 50% saturation in the country from the looks of it for cards in the hands of the citizens. They have been telling us all about the new ATMs lately too. The advanced ATMs that can not decipher multiple currencies and at varied exchange rates. They can recycle cash as well. This is more education and support that they are geared for internationalism...
6-29-2022 Intel Guru MarkZ [via PDK] It’s really positive all the news coming out of Iraq and it all centers around the white papers, economic reform AND an increase of the value of their currency. It’s exciting times in the Iraqi news and we know we are close but we don’t know exactly the timing. ...this is the number one goal for them. ...its exciting times for them…and fortunately exciting times for us.
6-29-2022 Newshound Guru Tivon Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" ...the reserves are prepared to protect against local & international changes! Consider what that means when you think about the 100 deputies signing on to follow through on what Al-Kazemi requested of them [lower the exchange rate]... Mazhar Saleh (Financial Advisor) said that they can maintain the purchasing power that will result from the reinstatement because of their reserves....
6-29-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: THE DOLLAR EXCHANGE RATE WILL NOT RETURN TO ITS PREVIOUS ERA DUE TO INTERNATIONAL OBLIGATIONS" ...we read in this article that the “previous era” is referring to the old program rate and not pre-1991 era rate...Instead of changing the program rate back to the old program rate they are going to reinstate it and get off the program rate altogether...Also we read that the economic growth will meet monetary obligations of the World Bank...they already have a timeline set up for the reinstatement...This IQD will be reinstated. We will be going to the bank soon as they are just waiting for a “STABLE GOVERNMENT”.
6-29-2022 Newshound Guru Walkingstick [via Frank26] The CBI is meeting with the AMF (Arab Monetary Fund). The topic of this meeting is the "swapping" of currencies with a number of countries in the Middle East region. Why would you want to swap a toilet paper valued currency? You wouldn't...
6-28-2022 Intel Guru MarkZ [via PDK] [Who decides the exchange rate?] I am told it is decided in the gold treaty and the rate is fixed.
6-28-2022 Intel Guru Frank26 Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" it's much much more than that. This country is in such great position to add great value to their currency...why would you go all over the place and collect as much as you can in gold for your currency that is of no value? Because it's going to have value.
6-28-2022 Newshound Guru Militiaman Article: "Deputy For Al-Fateh: The Exchange Rate Reduction Will Soon See The Light" ...100 deputies openly supporting the exchange rate change is powerful. They are campaigning. A sign of currying favor from the citizens. They want their purchase power.
6-28-2022 Newshound Guru Kaperoni Local media announces today Al-Maliki will carry out a coup and become prime minister again...He is bad news for Iraq and is a pawn of Iran...Plainly put this is terrible for Iraq. Maliki is a wannabe dictator and has desires to control the central bank funds. Back in 2012, former central bank governor Al-Shabibi accused Maliki of stealing enough money to support 20 million citizens...al-Maliki has quietly as leader of the State of Law Coalition harpooned much of Iraq's success waiting for his opportunity to come back.
6-28-2022 Intel Guru MarkZ [via PDK] I am told the CBI can change the rate before the government is sat…
6-28-2022 Newshound Guru Pimpy Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Do what they do not what they say...they didn't buy some gold, they bought a huge amount of it...a 35% increase. That's huge...this time around they are definitely preparing themselves in case something should happen to the oil market...
6-28-2022 Newshound Guru Samson Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Quote: "Iraq has advanced ten ranks in the table of the most countries in gold reserves, bringing its total possessions to (130.39) tons, ranked thirty in the world and fourth in the Arab world."
6-28-2022 Newshound/Intel Guru Mnt Goat Article: "DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT" Quote: "..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 deputies to vote on reducing it under the dome of the House of Representatives." Just remember they tried this before and it did not work, however it does put pressure on the CBI and to let them know something must be done about the IQD rate soon.
6-28-2022 Intel Guru MarkZ [via PDK] In Kuwait…literally that morning they said it would be 2-3 years before they RV’d…then they turned around and did it that same morning... Kuwait shot all the way up to $9.88 before it settled back down to the $4 range...Iraq cannot wait another couple years without an RV. Because of political instability and their low currency-because the country has great wealth…historically Iraq is one of the wealthiest regions in the whole world…vast oil reserves and gold reserves as well…
6-28-2022 Intel Guru Frank26 Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" it's much much more than that. This country is in such great position to add great value to their currency...why would you go all over the place and collect as much as you can in gold for your currency that is of no value? Because it's going to have value.
6-28-2022 Newshound Guru Militiaman Article: "Deputy For Al-Fateh: The Exchange Rate Reduction Will Soon See The Light" ...100 deputies openly supporting the exchange rate change is powerful. They are campaigning. A sign of currying favor from the citizens. They want their purchase power.
6-28-2022 Newshound Guru Kaperoni Local media announces today Al-Maliki will carry out a coup and become prime minister again...He is bad news for Iraq and is a pawn of Iran...Plainly put this is terrible for Iraq. Maliki is a wannabe dictator and has desires to control the central bank funds. Back in 2012, former central bank governor Al-Shabibi accused Maliki of stealing enough money to support 20 million citizens...al-Maliki has quietly as leader of the State of Law Coalition harpooned much of Iraq's success waiting for his opportunity to come back.
6-28-2022 Intel Guru MarkZ [via PDK] I am told the CBI can change the rate before the government is sat…
6-28-2022 Newshound Guru Pimpy Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Do what they do not what they say...they didn't buy some gold, they bought a huge amount of it...a 35% increase. That's huge...this time around they are definitely preparing themselves in case something should happen to the oil market...
6-28-2022 Newshound Guru Samson Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Quote: "Iraq has advanced ten ranks in the table of the most countries in gold reserves, bringing its total possessions to (130.39) tons, ranked thirty in the world and fourth in the Arab world."
6-28-2022 Newshound/Intel Guru Mnt Goat Article: "DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT" Quote: "..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 deputies to vote on reducing it under the dome of the House of Representatives." Just remember they tried this before and it did not work, however it does put pressure on the CBI and to let them know something must be done about the IQD rate soon.
6-28-2022 Intel Guru MarkZ [via PDK] In Kuwait…literally that morning they said it would be 2-3 years before they RV’d…then they turned around and did it that same morning... Kuwait shot all the way up to $9.88 before it settled back down to the $4 range...Iraq cannot wait another couple years without an RV. Because of political instability and their low currency-because the country has great wealth…historically Iraq is one of the wealthiest regions in the whole world…vast oil reserves and gold reserves as well…
6-27-2022 Intel Guru Frank26 Question: "Spoke with a financial advisor and they said she was going to have to travel to Iraq and exchange her notes for small category notes and bring them back here to exchange for USD. Is this correct IYO?" Go back to that person and ask them 'Do you know how many dinar the United States Treasury has in its reserves right now?' ...It's more than 54 billion American dollars worth of dinars...You think America is going to have to go into Iraq, convert them into NSCN and then bring those back to an American bank...? No. That's not how it going to works.
6-27-2022 Newshound Guru Tivon Article: "Iraq uses the policy of "raising reserves" to control inflation" So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar...So when you compile everything as to all the sectors that is ready...You can't help but anticipate what is next. And we know what that is. Al-Kazemi already gave the go ahead a couple of days ago. IMO
6-27-2022 Newshound Guru Kaperoni Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.
6-27-2022 Guru Nader From The Mid East They refuse to put back the dinar to 1200...They're asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar...I'm glad they didn't accept the 1200 because it's not worth it for nobody...for me it's good news. I prefer wait on RV than change it 1200 and wait 10 more years to RV...
6-27-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter from redemption centers …most of my people are looking at the very first of July now...but, I wouldn’t be surprised if we had it 10 minutes from now.
6-27-2022 Newshound Guru MilitiaMan Article: "Al-Shammari: Talking about changing the exchange rate is a media bid" Quote "Talking about changing the exchange rate is unrealistic..." This guy is connected to Maliki all day long. imo...The EFSL is law. They have not yet exposed that fact in the Gazette... So, to trigger internationalism a new exchange rate is warranted...changing the exchange rate is not unrealistic in fact it is imo inevitable..
6-27-2022 Newshound Guru Samson Article: "Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects" Quote: "the Parliamentary Finance Committee denied what was recently reported about Parliament's efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar."
6-27-2022 Newshound Guru Tivon Article: "Implementation of the Automation Program for Customs and Tax Receipts" Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed...Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur. All of this occurred without a seated government or 2022 Budget.
6-27-2022 Intel Guru MarkZ [via PDK] What were we told to expect would happen at the end? Massive amounts of dis-information. Massive amounts of smoke…all kinds of conflicting statements to expect at the end… I think all of this is an extremely good sign that we are really close to it. This is what we saw before Kuwait…before Iraq last time…what we saw before China RV’d…This is classic textbook.
6-27-2022 Newshound Guru Tivon Article: "Iraq uses the policy of "raising reserves" to control inflation" So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar...So when you compile everything as to all the sectors that is ready...You can't help but anticipate what is next. And we know what that is. Al-Kazemi already gave the go ahead a couple of days ago. IMO
6-27-2022 Newshound Guru Kaperoni Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.
6-27-2022 Guru Nader From The Mid East They refuse to put back the dinar to 1200...They're asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar...I'm glad they didn't accept the 1200 because it's not worth it for nobody...for me it's good news. I prefer wait on RV than change it 1200 and wait 10 more years to RV...
6-27-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter from redemption centers …most of my people are looking at the very first of July now...but, I wouldn’t be surprised if we had it 10 minutes from now.
6-27-2022 Newshound Guru MilitiaMan Article: "Al-Shammari: Talking about changing the exchange rate is a media bid" Quote "Talking about changing the exchange rate is unrealistic..." This guy is connected to Maliki all day long. imo...The EFSL is law. They have not yet exposed that fact in the Gazette... So, to trigger internationalism a new exchange rate is warranted...changing the exchange rate is not unrealistic in fact it is imo inevitable..
6-27-2022 Newshound Guru Samson Article: "Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects" Quote: "the Parliamentary Finance Committee denied what was recently reported about Parliament's efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar."
6-27-2022 Newshound Guru Tivon Article: "Implementation of the Automation Program for Customs and Tax Receipts" Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed...Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur. All of this occurred without a seated government or 2022 Budget.
6-27-2022 Intel Guru MarkZ [via PDK] What were we told to expect would happen at the end? Massive amounts of dis-information. Massive amounts of smoke…all kinds of conflicting statements to expect at the end… I think all of this is an extremely good sign that we are really close to it. This is what we saw before Kuwait…before Iraq last time…what we saw before China RV’d…This is classic textbook.
6-26-2022 Newshound/Intel Guru RVAlready ...I think we are only waiting on the CBI to activate the RV at this point. When the CBI says go, we will be going to exchange.
6-26-2022 Newshound Guru Kaperoni The first plan which has been discussed by economist and specialists in Iraq in the media and in various symposiums educating the citizens is a currency exchange (LOP). We do not want to see this happen. And the other plan which has been well documented since 2013 is the IMF's directive to float the currency allowing it to gradually appreciate over time as Iraq's economy prospers and grows.
6-26-2022 Intel Guru Frank26 Question: "Are you thinking Iraq is Article VIII compliant?" Yeah. Forward and backward. Sideways, up and down you name it. Do you see any restrictions on them [Iraq/CBI]? Do you see any sanctions on them? Heck no. Everybody wants to join them. That alone should be a tell tale sign.
6-26-2022 Newshound Guru Pimpy No, you're not gonna get a special rate...people out there claiming that you're gonna go in together as a team and you're gonna negotiate a better deal. No you're not. It's not gonna happen. Whatever rate is out there is for the globe. That's for everybody.
6-26-2022 Guru Nader From The Mid East Community comment "It's 100 trillion dinar out there. It's hard to change that." That's why they're taking the three zeros off, to have a lot less money. And it's not 100 trillion, it's 71 trillion and a lot of it's been burned...What are they gonna do? ...I think they're gonna take the 3 zeros, will go down to maybe 40-30 trillion.
6-26-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes…Vietnam will also go as they are massive trading partners on goods… I was told Vietnam would quickly go at a increased value as well…I am hearing right now – it could be .47 cents…which is still amazing…right?
6-26-2022 Newshound/Intel Guru Petra 3. Today... Article "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...is not only the request of Kathemi to change the rate but also...the signatures of 100 or so Parliament Deputies agreeing...Hey CBI...Tick Tock...THE RATE is now before us on a myriad of levels to engage the new Iraq!! ...IMO what are we waiting for? Hello CBI....Tick Tock!!! [Post 2 of 2]
6-26-2022 Newshound/Intel Guru Petra I would like to add a few dots to the logic equation as to status: 1. Al-Zamili stated weeks ago...upon passing of the law [ESFL] that the ministries would "immediately" be funded to begin their efforts of the WP's. Well, yesterday was that 15th day...tick tock! 2. Al-Alawai the Finance Minister has been...stating that basically the reforms are ready to go and his ministry is ready to engage. Hello CBI....Tick Tock! [Post 1 of 2]
6-26-2022 Newshound Guru Tivon Saleh said "...the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability," stressing that "the Iraqi dinar is approaching full coverage of hard currency reserves in light of the current exchange rate." He also said that "these reserves maintain the purchasing power" ...if you have 1 million in Dinar. And the rate comes out at 1.162 on the Forex. You divide that by one dollar and it will be .86 cents. Which will net you 860,000.
6-26-2022 Newshound/Intel Guru Mnt Goat ...also they intend to tax revenues too some day, something they do not do today. This would be a huge source of revenue for the central government...another source of over looked potential huge revenues- the electricity industry...they are on the verge of being an economic giant and along with this comes the RV. They simply can’t stop it and it has to happen...the Glory Days are coming to Iraq. [post 2 of 2]
6-26-2022 Newshound/Intel Guru Mnt Goat ...we keep hearing about getting out of a “rentier” economy solely based on oil...there are many more sources of revenue that can rival the oil revenues. But Iraq has to take advantage of them...The revenue possible from tracking and accounting for the full revenues received from Customs and Tariffs alone can rival the oil revenues. WOW! [post 1 of 2....stay tuned]
6-26-2022 Newshound Guru Kaperoni The first plan which has been discussed by economist and specialists in Iraq in the media and in various symposiums educating the citizens is a currency exchange (LOP). We do not want to see this happen. And the other plan which has been well documented since 2013 is the IMF's directive to float the currency allowing it to gradually appreciate over time as Iraq's economy prospers and grows.
6-26-2022 Intel Guru Frank26 Question: "Are you thinking Iraq is Article VIII compliant?" Yeah. Forward and backward. Sideways, up and down you name it. Do you see any restrictions on them [Iraq/CBI]? Do you see any sanctions on them? Heck no. Everybody wants to join them. That alone should be a tell tale sign.
6-26-2022 Newshound Guru Pimpy No, you're not gonna get a special rate...people out there claiming that you're gonna go in together as a team and you're gonna negotiate a better deal. No you're not. It's not gonna happen. Whatever rate is out there is for the globe. That's for everybody.
6-26-2022 Guru Nader From The Mid East Community comment "It's 100 trillion dinar out there. It's hard to change that." That's why they're taking the three zeros off, to have a lot less money. And it's not 100 trillion, it's 71 trillion and a lot of it's been burned...What are they gonna do? ...I think they're gonna take the 3 zeros, will go down to maybe 40-30 trillion.
6-26-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes…Vietnam will also go as they are massive trading partners on goods… I was told Vietnam would quickly go at a increased value as well…I am hearing right now – it could be .47 cents…which is still amazing…right?
6-26-2022 Newshound/Intel Guru Petra 3. Today... Article "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...is not only the request of Kathemi to change the rate but also...the signatures of 100 or so Parliament Deputies agreeing...Hey CBI...Tick Tock...THE RATE is now before us on a myriad of levels to engage the new Iraq!! ...IMO what are we waiting for? Hello CBI....Tick Tock!!! [Post 2 of 2]
6-26-2022 Newshound/Intel Guru Petra I would like to add a few dots to the logic equation as to status: 1. Al-Zamili stated weeks ago...upon passing of the law [ESFL] that the ministries would "immediately" be funded to begin their efforts of the WP's. Well, yesterday was that 15th day...tick tock! 2. Al-Alawai the Finance Minister has been...stating that basically the reforms are ready to go and his ministry is ready to engage. Hello CBI....Tick Tock! [Post 1 of 2]
6-26-2022 Newshound Guru Tivon Saleh said "...the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability," stressing that "the Iraqi dinar is approaching full coverage of hard currency reserves in light of the current exchange rate." He also said that "these reserves maintain the purchasing power" ...if you have 1 million in Dinar. And the rate comes out at 1.162 on the Forex. You divide that by one dollar and it will be .86 cents. Which will net you 860,000.
6-26-2022 Newshound/Intel Guru Mnt Goat ...also they intend to tax revenues too some day, something they do not do today. This would be a huge source of revenue for the central government...another source of over looked potential huge revenues- the electricity industry...they are on the verge of being an economic giant and along with this comes the RV. They simply can’t stop it and it has to happen...the Glory Days are coming to Iraq. [post 2 of 2]
6-26-2022 Newshound/Intel Guru Mnt Goat ...we keep hearing about getting out of a “rentier” economy solely based on oil...there are many more sources of revenue that can rival the oil revenues. But Iraq has to take advantage of them...The revenue possible from tracking and accounting for the full revenues received from Customs and Tariffs alone can rival the oil revenues. WOW! [post 1 of 2....stay tuned]
6-25-2022 Intel Guru MarkZ [via PDK] The news is very good...I think the worst case scenario is if it turns out Iraq does need a seated government to RV…In that case we would look for it after July 12th…. I do not believe that though…. I think the CBI can do it at anytime…and things are closer and tighter than that...So imo…it;’s all exciting…things are moving faster…
6-25-2022 Newshound Guru Tivon Article "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" I told you all they will keep hammering down on this law until it is printed published and implemented. They will keep coming with more information as we inch closer to the inevitable reinstatement.
6-25-2022 Newshound Guru Samson Article "Britain asks its citizens to dispose of $17.7 billion in banknotes" Quote "The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they become worthless."
6-25-2022 Newshound Guru Kaperoni ...The petition in parliament calling to reduce the exchange rate...If it succeeded it would only reduce it back to what it was a year ago...1170
6-25-2022 Newshound Guru Sandy Ingram Iraq has gone from being a stable and wealthy state governed by a dictator, in the 1980s...To living under sanctions in the 1990s. To the US invasion of 2003. To the chaos of insurgency and then ISIS genocide in 2014. To the financial crises brought on by Covid-19 in 2021. And then the currency non-leadership that Iraq is living under for over 8 months...hold on to your Iraqi dinars. Iraq is a survivor.
6-25-2022 Newshound Guru Pimpy There's no numbers on the back screen. There's no 800#s. There's no redemption centers. I keep telling you guys it's all crap they blow up your butt...there's no tier 1. There's no tier 2. All they simply do is change the rate and then you go down and exchange it or purchase it...like any other currency out there. There's no magical treatment for how Iraqi dinar is being handled.
6-25-2022 Newshound Guru Tivon Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...They are about to reverse the prior decisions that caused so much hardship. But I also think given the timing this has alot more to do with preparing the NSCNs which will require a rate change...
6-25-2022 Intel Guru MarkZ [via PDK] [Nader from the Middle East has nothing for 2 to 3 years 2025 he says!? Says Iraq needs security and stability…] My CBI contact in Iraq told me there would never be stability in Iraq until they revalue their currency. I am still of the mindset it is sooner rather than later... They said the same things before Kuwait RV’d…. I think its much sooner than he thinks… [Reference Guru Nader's post below]
6-25-2022 Intel Guru Frank26 Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" THIS IS FROM KAZEMI TO HIS CABINET TO THE CBI...TO CHANGE THE EXCHANGE RATE OF THE IRAQI DINAR.
6-25-2022 Guru Nader From The Mid East Inside Iraq the economy is not too good. The people still poor. People still have no money. No jobs. People still suffering. It's true we making a lot of money off oil but that's the only assets for now...We have no tourists. We have no import...the private sector is not good at all yet. You guys gonna have to wait...it's gonna take time...not before 2025 and it's gonna happen...
6-25-2022 Intel Guru Bruce [via WiserNow] We got some good information...that helped to give us an idea of where we are in this picture...everything is moving forward with everything happening behind the scenes ... We’re very very close...there is possibility for us to be notified quite possibly Saturday and start Saturday or Sunday for our exchanges...
6-25-2022 Newshound Guru Tivon Article "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" I told you all they will keep hammering down on this law until it is printed published and implemented. They will keep coming with more information as we inch closer to the inevitable reinstatement.
6-25-2022 Newshound Guru Samson Article "Britain asks its citizens to dispose of $17.7 billion in banknotes" Quote "The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they become worthless."
6-25-2022 Newshound Guru Kaperoni ...The petition in parliament calling to reduce the exchange rate...If it succeeded it would only reduce it back to what it was a year ago...1170
6-25-2022 Newshound Guru Sandy Ingram Iraq has gone from being a stable and wealthy state governed by a dictator, in the 1980s...To living under sanctions in the 1990s. To the US invasion of 2003. To the chaos of insurgency and then ISIS genocide in 2014. To the financial crises brought on by Covid-19 in 2021. And then the currency non-leadership that Iraq is living under for over 8 months...hold on to your Iraqi dinars. Iraq is a survivor.
6-25-2022 Newshound Guru Pimpy There's no numbers on the back screen. There's no 800#s. There's no redemption centers. I keep telling you guys it's all crap they blow up your butt...there's no tier 1. There's no tier 2. All they simply do is change the rate and then you go down and exchange it or purchase it...like any other currency out there. There's no magical treatment for how Iraqi dinar is being handled.
6-25-2022 Newshound Guru Tivon Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...They are about to reverse the prior decisions that caused so much hardship. But I also think given the timing this has alot more to do with preparing the NSCNs which will require a rate change...
6-25-2022 Intel Guru MarkZ [via PDK] [Nader from the Middle East has nothing for 2 to 3 years 2025 he says!? Says Iraq needs security and stability…] My CBI contact in Iraq told me there would never be stability in Iraq until they revalue their currency. I am still of the mindset it is sooner rather than later... They said the same things before Kuwait RV’d…. I think its much sooner than he thinks… [Reference Guru Nader's post below]
6-25-2022 Intel Guru Frank26 Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" THIS IS FROM KAZEMI TO HIS CABINET TO THE CBI...TO CHANGE THE EXCHANGE RATE OF THE IRAQI DINAR.
6-25-2022 Guru Nader From The Mid East Inside Iraq the economy is not too good. The people still poor. People still have no money. No jobs. People still suffering. It's true we making a lot of money off oil but that's the only assets for now...We have no tourists. We have no import...the private sector is not good at all yet. You guys gonna have to wait...it's gonna take time...not before 2025 and it's gonna happen...
6-25-2022 Intel Guru Bruce [via WiserNow] We got some good information...that helped to give us an idea of where we are in this picture...everything is moving forward with everything happening behind the scenes ... We’re very very close...there is possibility for us to be notified quite possibly Saturday and start Saturday or Sunday for our exchanges...
6-24-2022 Intel Guru Mike Cottrell [via PDK] I think we are in a good position…. I do know certain documents have been signed overseas to get this thing moving…but no one knows the timing...I think we are very close...
6-24-2022 Newshound Guru Deepwoodz [Response to Guru Goodlover below] Imo Not your run of the mill ATM’s Article quote "The new devices are already getting our customers' attention, and in our next phase, the ATM's integrated cash recycling capabilities"
6-24-2022 Guru Nader From The Mid East The Iraqi dinar...it's going to take a lot of time. They're not ready yet. We're not ready not. Nothing is ready yet. It's still a mess over here. You see missiles coming. You see some storms coming. You see no government set up. The CBI it's not moving much. The CEO of the CBI doesn't have any balls to make any decisions. We need somebody with balls to make decision for us to go forward.
6-24-2022 Guest Guru Daytrader ...or how many Kuwait dinar does it take to purchase one USD. Based on today’s current exchange rate, it takes less than one Kuwait Dinar to buy one USD; or $1 = .30668724 KWD. To switch the equation to KQD/USD changes the question to how many USD does it take to buy one KWD, divide $1 by .30668724 IQD. The result is 1 KWD = 3.26128 USD. [Post 2 of 2]
6-24-2022 Guest Guru Daytrader FOREX will have only one figure represented for the IQD/USD exchange rate. Short lesson: an exchange rate has both a base currency and a quote currency; base/quote. For example USD/KWD is the US Dollar versus the Kuwait Dinar. The base currency is the USD since its listed first, and the KWD is the quote currency. The question being asked with this formula is how much of the quote currency does it take to buy one unit of the base currency... [Post 1 of 2....stay tuned]
6-24-2022 Newshound Guru Militiaman Our source(s) since Thursday last tells us the MR mandate at the FM level has been completed and that fact was put to the CBI. Imagine that...Then we see days later that they are gearing for full ISO compliance...Well also to note from our sources...business owners...after many months asking about the NSCNs with no success was now told that the packages arrived...I suspect the next 24 -72 hours to be extremely bullish. imo
6-24-2022 Newshound Guru Godlover [Response to reports of new ATMs in Iraq] First off, we don't know the condition of their old ATM's. The need to replace them was likely a priority with all of the banking reforms. Of course I do believe they will be able to function with the hopefully soon to be NSCN's. Will these ATM's only be turned on after the issue of the NSCN's? No one knows the answer to that, but I would guess the ATM's will be used for some time prior to the release of the NSCN's. The new ATM's in itself, does not give us a real time-line.
6-24-2022 Intel Guru MarkZ [via PDK] (Holds up a crisp new 50 dinar bill) …Here is a brand spankin new 50 dinar note…at todays value its worth 4 and a half cents…you have to ask yourself why print notes worth 4.5 cents???
6-24-2022 Newshound/Intel Guru BGG Article: "Collecting more than 100 signatures.. A parliamentary move to reduce the dollar exchange rate" With all they have going on right now, am I the only one that finds this article a little strange? IMHO – the whole world is in a hurry to get off the USD. We have triggered our own hyperinflation (thereby HAMMERING our own currency) and NO ONE wants any part of it. Not even Iraq. Iraq may well be the one currency in the UNIVERSE with the actual assets to be a true non-Fiat currency and is still referred to as “grossly undervalued”...
6-24-2022 Newshound Guru Samson Article: "In The Document.. The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" [NOTE: Reducing the exchange of the dollar against the dinar increases the rate of the dinar against the dollar.]
6-24-2022 Newshound/Intel Guru Mnt Goat When this signal is given to the CBI, then they will move ahead to the next step which in the project to delete the zeros. We know that this project will coincide or slightly precede the reinstatement of the IQD back to FOREX. When FOREX happens the OFAC sanctions will be lifted and we go to the bank... Yes, this could happen by mid-July... The possibility is VERY real that this ongoing RV saga could also be over. [post 2 of 2]
6-24-2022 Newshound/Intel Guru Mnt Goat We all should be aware by now the Central Bank of Iraq (CBI) is waiting in the wings to conduct the project to delete the zeros. They have been waiting since January, when they proposed to do it but were asked to hold off until they settle this election saga...I am being told that when the new government is formed, if it is a stable one, the US Treasury fully intends to support the reinstatement. [post 1 of 2....stay tuned]
6-24-2022 Newshound Guru Deepwoodz [Response to Guru Goodlover below] Imo Not your run of the mill ATM’s Article quote "The new devices are already getting our customers' attention, and in our next phase, the ATM's integrated cash recycling capabilities"
6-24-2022 Guru Nader From The Mid East The Iraqi dinar...it's going to take a lot of time. They're not ready yet. We're not ready not. Nothing is ready yet. It's still a mess over here. You see missiles coming. You see some storms coming. You see no government set up. The CBI it's not moving much. The CEO of the CBI doesn't have any balls to make any decisions. We need somebody with balls to make decision for us to go forward.
6-24-2022 Guest Guru Daytrader ...or how many Kuwait dinar does it take to purchase one USD. Based on today’s current exchange rate, it takes less than one Kuwait Dinar to buy one USD; or $1 = .30668724 KWD. To switch the equation to KQD/USD changes the question to how many USD does it take to buy one KWD, divide $1 by .30668724 IQD. The result is 1 KWD = 3.26128 USD. [Post 2 of 2]
6-24-2022 Guest Guru Daytrader FOREX will have only one figure represented for the IQD/USD exchange rate. Short lesson: an exchange rate has both a base currency and a quote currency; base/quote. For example USD/KWD is the US Dollar versus the Kuwait Dinar. The base currency is the USD since its listed first, and the KWD is the quote currency. The question being asked with this formula is how much of the quote currency does it take to buy one unit of the base currency... [Post 1 of 2....stay tuned]
6-24-2022 Newshound Guru Militiaman Our source(s) since Thursday last tells us the MR mandate at the FM level has been completed and that fact was put to the CBI. Imagine that...Then we see days later that they are gearing for full ISO compliance...Well also to note from our sources...business owners...after many months asking about the NSCNs with no success was now told that the packages arrived...I suspect the next 24 -72 hours to be extremely bullish. imo
6-24-2022 Newshound Guru Godlover [Response to reports of new ATMs in Iraq] First off, we don't know the condition of their old ATM's. The need to replace them was likely a priority with all of the banking reforms. Of course I do believe they will be able to function with the hopefully soon to be NSCN's. Will these ATM's only be turned on after the issue of the NSCN's? No one knows the answer to that, but I would guess the ATM's will be used for some time prior to the release of the NSCN's. The new ATM's in itself, does not give us a real time-line.
6-24-2022 Intel Guru MarkZ [via PDK] (Holds up a crisp new 50 dinar bill) …Here is a brand spankin new 50 dinar note…at todays value its worth 4 and a half cents…you have to ask yourself why print notes worth 4.5 cents???
6-24-2022 Newshound/Intel Guru BGG Article: "Collecting more than 100 signatures.. A parliamentary move to reduce the dollar exchange rate" With all they have going on right now, am I the only one that finds this article a little strange? IMHO – the whole world is in a hurry to get off the USD. We have triggered our own hyperinflation (thereby HAMMERING our own currency) and NO ONE wants any part of it. Not even Iraq. Iraq may well be the one currency in the UNIVERSE with the actual assets to be a true non-Fiat currency and is still referred to as “grossly undervalued”...
6-24-2022 Newshound Guru Samson Article: "In The Document.. The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" [NOTE: Reducing the exchange of the dollar against the dinar increases the rate of the dinar against the dollar.]
6-24-2022 Newshound/Intel Guru Mnt Goat When this signal is given to the CBI, then they will move ahead to the next step which in the project to delete the zeros. We know that this project will coincide or slightly precede the reinstatement of the IQD back to FOREX. When FOREX happens the OFAC sanctions will be lifted and we go to the bank... Yes, this could happen by mid-July... The possibility is VERY real that this ongoing RV saga could also be over. [post 2 of 2]
6-24-2022 Newshound/Intel Guru Mnt Goat We all should be aware by now the Central Bank of Iraq (CBI) is waiting in the wings to conduct the project to delete the zeros. They have been waiting since January, when they proposed to do it but were asked to hold off until they settle this election saga...I am being told that when the new government is formed, if it is a stable one, the US Treasury fully intends to support the reinstatement. [post 1 of 2....stay tuned]
6-23-2022 Intel Guru Frank26 Because it's all part of the education... concerning the monetary reform. Eventually...coins will come out but what they're telling them right now, at the onset/at the very beginning when you go to the ATM machines you will not be retrieving any of these coins...They will round off the numbers. They will not get into fractional banking...Transactions...will go smooth without the coins. [Post 2 of 2]
6-23-2022 Intel Guru Frank26 Article: "Malsain issues a book documenting Iraqi stamps and coins" This was released by the Central Bank of Iraq in the meetings they've been having with their citizens. Why in the world would the Central Bank of Iraq once again bring out their old coins and now bring out stamps from that era and the currency that was being used in that era? Why? [Post 1 of 2....stay tuned]
6-23-2022 Intel Guru MarkZ [via PDK] Article: “The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” This means they are going to reduce the rate of the US dollar which will increase the value of the Iraqi Dinar. I am told they have called for an emergency session to move forward and change the exchange rate. We have been looking for this…the parliament is leaning on the CBI….it’s pretty exciting.
6-23-2022 Newshound Guru Kaperoni Al-Maliki is now replacing parliamentary members as a result of Al-Sadr quitting. This is setting the stage for Maliki to be sworn in as the Prime Minister again. Not good news.
6-23-2022 Guest Guru Daytrader [Response to Guru Tivon post below] The article [Guru] Tivon references did state a fair rate would be 100,000 to $100. We’ve also all seen multitudes of articles talking about removing the three zeros. I believe the three zeros will be removed from 100,000 to $100 to become 100 IQD = $100; or 1:1...
6-23-2022 Newshound Guru Sandy Ingram Article: "Iraq oil minister expects exports ceiling to reach 3.8 man BPD in June, 3.85 man BPD in July". Iraq is looking at very large oil revenues in the coming months.
6-23-2022 Newshound Guru Pimpy There are a lot of different factors that have to be taken into consideration before they change the rate...the things that we should be looking for...are not being met. The government nor the economy is stable. They depend too much on oil. They need to build a private sector...Until those things are addressed you're not going to have any change in the currency...
6-23-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: “relative” control over prices and food security will support us" There it is Ladies & Gentlemen...This means they can come out at a comfortable 100,000/100 USD at anytime. Which is basically a flat rate of 1:1 if you divide 1 by 100,000 IQD. Until Iraq has a reinstatement of their Dinar you will keep seeing the emphasis on this EFSL. This will not slow down.
6-23-2022 Intel Guru MarkZ [via PDK] Today –in Iraq they called for an emergency parliamentary session to discuss reducing the price of the dollar…this means strengthening the price of the dinar. This is breaking news out of Baghdad today. So a special parliamentary meeting about changing the exchange rate. Its in the news and a massive point they are working on…to get that exchange rate up…. We are waiting on details as to “when” this will occur. But this is pretty exciting news coming out of Iraq now that they are starting to get their political house in order.
6-23-2022 Newshound Guru Militiaman Article: "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" the EFSL, it was voted on 06/08/2022. 15 days to be law with out signature is estimated to be today or by tomorrow. With the Finance Minister being keen on implementation today, is a very positive sign. He is the legal side of the check book.. Lol The CBI just has the cash.. lol It may have to wait to be published, but, effectively it is law once the 15 day is up which would be in my opinion anytime now...
6-23-2022 Intel Guru MarkZ [via PDK] RV news is still quiet…but there is a lot of real world news that shows we are close...
6-23-2022 Intel Guru Frank26 Article: "Malsain issues a book documenting Iraqi stamps and coins" This was released by the Central Bank of Iraq in the meetings they've been having with their citizens. Why in the world would the Central Bank of Iraq once again bring out their old coins and now bring out stamps from that era and the currency that was being used in that era? Why? [Post 1 of 2....stay tuned]
6-23-2022 Intel Guru MarkZ [via PDK] Article: “The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” This means they are going to reduce the rate of the US dollar which will increase the value of the Iraqi Dinar. I am told they have called for an emergency session to move forward and change the exchange rate. We have been looking for this…the parliament is leaning on the CBI….it’s pretty exciting.
6-23-2022 Newshound Guru Kaperoni Al-Maliki is now replacing parliamentary members as a result of Al-Sadr quitting. This is setting the stage for Maliki to be sworn in as the Prime Minister again. Not good news.
6-23-2022 Guest Guru Daytrader [Response to Guru Tivon post below] The article [Guru] Tivon references did state a fair rate would be 100,000 to $100. We’ve also all seen multitudes of articles talking about removing the three zeros. I believe the three zeros will be removed from 100,000 to $100 to become 100 IQD = $100; or 1:1...
6-23-2022 Newshound Guru Sandy Ingram Article: "Iraq oil minister expects exports ceiling to reach 3.8 man BPD in June, 3.85 man BPD in July". Iraq is looking at very large oil revenues in the coming months.
6-23-2022 Newshound Guru Pimpy There are a lot of different factors that have to be taken into consideration before they change the rate...the things that we should be looking for...are not being met. The government nor the economy is stable. They depend too much on oil. They need to build a private sector...Until those things are addressed you're not going to have any change in the currency...
6-23-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: “relative” control over prices and food security will support us" There it is Ladies & Gentlemen...This means they can come out at a comfortable 100,000/100 USD at anytime. Which is basically a flat rate of 1:1 if you divide 1 by 100,000 IQD. Until Iraq has a reinstatement of their Dinar you will keep seeing the emphasis on this EFSL. This will not slow down.
6-23-2022 Intel Guru MarkZ [via PDK] Today –in Iraq they called for an emergency parliamentary session to discuss reducing the price of the dollar…this means strengthening the price of the dinar. This is breaking news out of Baghdad today. So a special parliamentary meeting about changing the exchange rate. Its in the news and a massive point they are working on…to get that exchange rate up…. We are waiting on details as to “when” this will occur. But this is pretty exciting news coming out of Iraq now that they are starting to get their political house in order.
6-23-2022 Newshound Guru Militiaman Article: "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" the EFSL, it was voted on 06/08/2022. 15 days to be law with out signature is estimated to be today or by tomorrow. With the Finance Minister being keen on implementation today, is a very positive sign. He is the legal side of the check book.. Lol The CBI just has the cash.. lol It may have to wait to be published, but, effectively it is law once the 15 day is up which would be in my opinion anytime now...
6-23-2022 Intel Guru MarkZ [via PDK] RV news is still quiet…but there is a lot of real world news that shows we are close...
6-22-2022 Newshound Guru Samson Article " Iraq Achieves The Highest Oil Revenue In Its History"
6-22-2022 Newshound Guru Kaperoni ...Yes, al-Maliki desperately wants to be prime minister again. Not good news.
6-22-2022 Newshound Guru Militiaman The EFSL is slated for tomorrow and or the 23rd to be law, whether it is signed by the President or not, as if it is not, it becomes law after 15 days regardless...the law was voted on 06/08/2022.
6-22-2022 Newshound Guru Godlover I try to keep things real. I just can't reasonably see them releasing a new rate in their current situation, it just seems illogical. Way too much corruption, way too much political impasses. This EFSL may very well pave the way to what we seek....but it will be some time imo
6-22-2022 Intel Guru Bruce [via WiserNow] ...we have according to one individual at one of the redemption centers – he is giving it a 98% chance that we would get... (Wed) afternoon/evening - or maybe it means we set appointments tomorrow and go on Thursday – either way is a win/win notified...Once we get that I say we are golden - we really are...we’re looking good...
6-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: On the TV today about new book put out about the stamps and the coins. They are starting to teach us about the coins we are supposed to be getting for Iraq...
6-22-2022 Intel Guru MarkZ [via PDK] Things are still very quiet…but still positive... I believe we are in a holding pattern while we wait on the “trigger event”... things are getting closer...My guess is there will be a seated government in the next one to two weeks tops. They are running out of excuses not to pull the trigger.
6-22-2022 Newshound Guru Pimpy Just because you have a lot of money doesn't mean the rate change is going to take place...You have an economy that is not stable...a government that is not even formed... There are uprising taking place...ISIS is rearing up their ugly head again...these are the things you have to take into consideration before you change the exchange rate. Outside investors are not going to show up until it's a lot more solid... [Post 2 of 2]
6-22-2022 Newshound Guru Pimpy I said I do not believe we're going to see any type of a rate change any sooner than a couple years. People lost their damn minds. They're freaking out. I know. I get it... [but] this is the 'stay grounded channel'. I try to educate as I go along...showing you what it is that has to be put in place before an exchange rate of a currency can be considered. Iraq is nowhere near there... [Post 1 of 2....stay tuned]
6-22-2022 Newshound Guru Tivon Article: "A statement by the Ministry of Finance on the debts of social protection beneficiaries" I wouldn't understand someone reading this...Financial Stability, Reducing Poverty, or Social Protection, and not think they can achieve this without granting "Purchasing Power" which would require them not only to reinstate the currency but also installing the NSCN...The next 24-48 hours will tell us alot...We are in prime position right now. This is unfolding beautifully.
6-22-2022 Guru Nader From The Mid East Sadat [Sadr] is back to parliament to get maliki out Iraqi dinar.
6-22-2022 Intel Guru MarkZ [via PDK] [Mark, do you know when the last RV happened?] The last major one was Kuwait in 1992…then in iraq in the early 70’s it RV ‘d in similar numbers as we are looking at now. Iraq has had 3 over the last 100 years. After world war 2 there were a number of them like in Germany and Japan.
6-22-2022 Newshound Guru Kaperoni ...Yes, al-Maliki desperately wants to be prime minister again. Not good news.
6-22-2022 Newshound Guru Militiaman The EFSL is slated for tomorrow and or the 23rd to be law, whether it is signed by the President or not, as if it is not, it becomes law after 15 days regardless...the law was voted on 06/08/2022.
6-22-2022 Newshound Guru Godlover I try to keep things real. I just can't reasonably see them releasing a new rate in their current situation, it just seems illogical. Way too much corruption, way too much political impasses. This EFSL may very well pave the way to what we seek....but it will be some time imo
6-22-2022 Intel Guru Bruce [via WiserNow] ...we have according to one individual at one of the redemption centers – he is giving it a 98% chance that we would get... (Wed) afternoon/evening - or maybe it means we set appointments tomorrow and go on Thursday – either way is a win/win notified...Once we get that I say we are golden - we really are...we’re looking good...
6-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: On the TV today about new book put out about the stamps and the coins. They are starting to teach us about the coins we are supposed to be getting for Iraq...
6-22-2022 Intel Guru MarkZ [via PDK] Things are still very quiet…but still positive... I believe we are in a holding pattern while we wait on the “trigger event”... things are getting closer...My guess is there will be a seated government in the next one to two weeks tops. They are running out of excuses not to pull the trigger.
6-22-2022 Newshound Guru Pimpy Just because you have a lot of money doesn't mean the rate change is going to take place...You have an economy that is not stable...a government that is not even formed... There are uprising taking place...ISIS is rearing up their ugly head again...these are the things you have to take into consideration before you change the exchange rate. Outside investors are not going to show up until it's a lot more solid... [Post 2 of 2]
6-22-2022 Newshound Guru Pimpy I said I do not believe we're going to see any type of a rate change any sooner than a couple years. People lost their damn minds. They're freaking out. I know. I get it... [but] this is the 'stay grounded channel'. I try to educate as I go along...showing you what it is that has to be put in place before an exchange rate of a currency can be considered. Iraq is nowhere near there... [Post 1 of 2....stay tuned]
6-22-2022 Newshound Guru Tivon Article: "A statement by the Ministry of Finance on the debts of social protection beneficiaries" I wouldn't understand someone reading this...Financial Stability, Reducing Poverty, or Social Protection, and not think they can achieve this without granting "Purchasing Power" which would require them not only to reinstate the currency but also installing the NSCN...The next 24-48 hours will tell us alot...We are in prime position right now. This is unfolding beautifully.
6-22-2022 Guru Nader From The Mid East Sadat [Sadr] is back to parliament to get maliki out Iraqi dinar.
6-22-2022 Intel Guru MarkZ [via PDK] [Mark, do you know when the last RV happened?] The last major one was Kuwait in 1992…then in iraq in the early 70’s it RV ‘d in similar numbers as we are looking at now. Iraq has had 3 over the last 100 years. After world war 2 there were a number of them like in Germany and Japan.
6-21-2022 Newshound/Intel Guru RVAlready Fortunately, the CBI governor does not seem to be in the Maliki camp. He has been too slow getting this done, but he appears to be moving in the right direction.
6-21-2022 Intel Guru MarkZ [via PDK] Still a lot of back and forth in Iraq about when they are going to seat a government. I did speak with a contact in the middle east who works in the finance field…he told me to stop watching the government over there and all their shenanigans…that the RV is in the hands of the CBI…and they are expecting it to go very soon.
6-21-2022 Newshound Guru Walkingstick [via Frank26] Article: "The Governor of the Central Bank of Iraq receives a delegation from the Egmont Group" That is huge. That is part of the meeting the CBI and what the central bank is telling everybody. This is part of their education of the monetary reform...the CBI is simply doing it's job. They're not worrying about politics.
6-21-2022 Newshound Guru Petra Watching the Parliamentary antics is truly a waste of time. We watch the ESFL exclusively and the actions of the CBI. And, with the ESFL on the precipice of full exposure it is many opinion that the rate will be exposed prior to any new government sitting so as no one bloc can claim success in freeing the people with their new PP available with the new rate. This was the design of the WP's and its authors since they were designed.
6-21-2022 Newshound Guru MilitiaMan Article: "Finance: We Have Made Remarkable Achievements For The Banking Sector During The First Half Of 2022" It looks like they are setting the stage to be ISO compliant. We have witnessed the set up of new high tech ATMs. Once everyone is ready and integrated I suspect they'll issue the ISO certification all at once. We can see...they are not waiting on any future form of government...This is a good sign of things to come...
6-21-2022 Intel Guru MarkZ [via PDK] ...I am hearing Iraq is moving forward with their governance…they are discussing this tomorrow in their legislative day...The chatter is still positive even if we don’t have money yet. I’m expecting this to be a big week.
6-21-2022 Newshound Guru Pimpy If the Coordinating Framework forms their government and somehow, some way Maliki makes it to Prime Minister this is going to be really bad. There's going to be serious uprisings. These are the same people that were in office that got kicked out in October of 2019 when the protesters rose up. They are the corrupt people. These are the same people that Sadr wanted out of office...Maliki becomes prime minister...that country is going to become unstable for quite some time.
6-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Maliki is back on television. He is talking on News Channel 1 about his desire to be the next prime minister. He's saying the Framework will pick him to lead and he will accept. If this happens the streets of Baghdad will be in red with blood from an uprising. We will not stand for this... FRANK: ...I told you there was a plan...Kazemi has proven himself to be a leader..over and over again...stay strong with Kazemi and Mustafa.
6-21-2022 Newshound/Intel Guru Mnt Goat Article: "THE WHITE PAPER AIMS TO ACHIEVE TWO STRATEGIC GOALS" Quotes: "the white paper aims to achieve two strategic goals: 1. the first is to initiate a radical and immediate reform program... 2. ...“The paper was designed to present a mixture of strategies and policies to confront Iraq’s economic problems,...regardless of the form of the next government” as investors of the IQD we know that the White Paper is significant to us because...they tell us a goal is to go international and back to FOREX.
6-21-2022 Intel Guru MarkZ [via PDK] [Are rates set in stone or are they going to float?] I am told they are set in stone.
6-21-2022 Intel Guru MarkZ [via PDK] Still a lot of back and forth in Iraq about when they are going to seat a government. I did speak with a contact in the middle east who works in the finance field…he told me to stop watching the government over there and all their shenanigans…that the RV is in the hands of the CBI…and they are expecting it to go very soon.
6-21-2022 Newshound Guru Walkingstick [via Frank26] Article: "The Governor of the Central Bank of Iraq receives a delegation from the Egmont Group" That is huge. That is part of the meeting the CBI and what the central bank is telling everybody. This is part of their education of the monetary reform...the CBI is simply doing it's job. They're not worrying about politics.
6-21-2022 Newshound Guru Petra Watching the Parliamentary antics is truly a waste of time. We watch the ESFL exclusively and the actions of the CBI. And, with the ESFL on the precipice of full exposure it is many opinion that the rate will be exposed prior to any new government sitting so as no one bloc can claim success in freeing the people with their new PP available with the new rate. This was the design of the WP's and its authors since they were designed.
6-21-2022 Newshound Guru MilitiaMan Article: "Finance: We Have Made Remarkable Achievements For The Banking Sector During The First Half Of 2022" It looks like they are setting the stage to be ISO compliant. We have witnessed the set up of new high tech ATMs. Once everyone is ready and integrated I suspect they'll issue the ISO certification all at once. We can see...they are not waiting on any future form of government...This is a good sign of things to come...
6-21-2022 Intel Guru MarkZ [via PDK] ...I am hearing Iraq is moving forward with their governance…they are discussing this tomorrow in their legislative day...The chatter is still positive even if we don’t have money yet. I’m expecting this to be a big week.
6-21-2022 Newshound Guru Pimpy If the Coordinating Framework forms their government and somehow, some way Maliki makes it to Prime Minister this is going to be really bad. There's going to be serious uprisings. These are the same people that were in office that got kicked out in October of 2019 when the protesters rose up. They are the corrupt people. These are the same people that Sadr wanted out of office...Maliki becomes prime minister...that country is going to become unstable for quite some time.
6-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Maliki is back on television. He is talking on News Channel 1 about his desire to be the next prime minister. He's saying the Framework will pick him to lead and he will accept. If this happens the streets of Baghdad will be in red with blood from an uprising. We will not stand for this... FRANK: ...I told you there was a plan...Kazemi has proven himself to be a leader..over and over again...stay strong with Kazemi and Mustafa.
6-21-2022 Newshound/Intel Guru Mnt Goat Article: "THE WHITE PAPER AIMS TO ACHIEVE TWO STRATEGIC GOALS" Quotes: "the white paper aims to achieve two strategic goals: 1. the first is to initiate a radical and immediate reform program... 2. ...“The paper was designed to present a mixture of strategies and policies to confront Iraq’s economic problems,...regardless of the form of the next government” as investors of the IQD we know that the White Paper is significant to us because...they tell us a goal is to go international and back to FOREX.
6-21-2022 Intel Guru MarkZ [via PDK] [Are rates set in stone or are they going to float?] I am told they are set in stone.
6-20-2022 Newshound Guru Kaperoni As I've already stated there are two proposals in Iraq. The first proposal which is being taught to citizens is a currency replacement or a LOP. The second proposal which I believe is the directive of the IMF is to allow the currency to gradually appreciate over time as their economy grows. This is not an overnight event but a long-term event.
6-20-2022 Newshound Guru Pimpy Article: "Al-Maliki's coalition moves to vote on replacements for the Sadrist parliament in an emergency session" Maliki was pushing these people to go ahead and accept the resignation of Sadr and his deputies as quickly as possible...He wanted to replace him so badly and quickly that he called an emergency session...I don't want to say it's over for Sadr yet until it's over. You can see Maliki is in a rush to make sure that Sadr's people cannot come back. Will that happen? Let's see...
6-20-2022 Intel Guru MarkZ [via PDK] ...all in all it has been a very exciting day for information...I was told...from one contact...currency exchanges would be moving forward… We just need to manage our expectations. I’m always a bit nervous when everyone is on the same page. But we are watching historic times.
6-20-2022 Intel Guru RayRen98 MULTIPLE BANK SOURCES ARE "ANTICIPATING" EXCHANGE ACTIVITY STARTING TUESDAY AND THROUGHOUT THE WEEK ----TIME WILL TELL!
6-20-2022 Newshound Guru Tivon Article: "Al-Kazemi's advisor talks in detail about the white paper: reforms in a professional manner" ...The EFSL/Citizens Entitlements that is not contingent upon a seated government. White Papers/EFSL go hand & hand...they want this done irregardless of what is going on in the political realms...The EFSL is basically the official start or initiator of the "The White Papers". And the Monetary/Economic Reform...
6-20-2022 Newshound Guru Samson Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022". Quote: "Iraq ranked first in the Arab world in terms of GDP growth rate, followed by Kuwait, then Saudi Arabia third, then Egypt fourth and Oman fifth."
6-20-2022 Intel Guru MarkZ [via PDK] There has been really good chatter about today. Even European contacts think something will be happening overnight tonight...we will see what tomorrow will bring…stay grounded. We are close…
6-20-2022 Newshound Guru Militiaman They'll need to get the exchange rate of the IQD internationally accepted and cleared. The new ATMs with currency recycling and mention of coins today are huge clues as to that Iraq is getting ready for internationalism by those two items alone a long with the AMF being ready for more currencies. The education is underway and gaining steam in Iraq.. All looks very good.. [Post 2 of 2]
6-20-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Holds An Interactive Workshop To Talk About The Experience And Interaction Of Participating Financial Institutions With The Buna Platform For Arab Payments" Iraq is going to be one of the largest trading partners in the region and the re construction of the country is to be under way shortly... [Post 1 of 2....stay tuned]
6-20-2022 Intel Guru Frank26 Mustafa is educating the banks around the world right now...I lost count when I got up over 100...I don't even know how many banks have come to see the CBI and have a meeting with them. Bank after bank after bank after bank from all around the world. ...can't help but to wonder that an agreed structural formation is being formed right now to be released. And it's traveling pretty fast I think.
6-20-2022 Newshound Guru Pimpy Article: "Al-Maliki's coalition moves to vote on replacements for the Sadrist parliament in an emergency session" Maliki was pushing these people to go ahead and accept the resignation of Sadr and his deputies as quickly as possible...He wanted to replace him so badly and quickly that he called an emergency session...I don't want to say it's over for Sadr yet until it's over. You can see Maliki is in a rush to make sure that Sadr's people cannot come back. Will that happen? Let's see...
6-20-2022 Intel Guru MarkZ [via PDK] ...all in all it has been a very exciting day for information...I was told...from one contact...currency exchanges would be moving forward… We just need to manage our expectations. I’m always a bit nervous when everyone is on the same page. But we are watching historic times.
6-20-2022 Intel Guru RayRen98 MULTIPLE BANK SOURCES ARE "ANTICIPATING" EXCHANGE ACTIVITY STARTING TUESDAY AND THROUGHOUT THE WEEK ----TIME WILL TELL!
6-20-2022 Newshound Guru Tivon Article: "Al-Kazemi's advisor talks in detail about the white paper: reforms in a professional manner" ...The EFSL/Citizens Entitlements that is not contingent upon a seated government. White Papers/EFSL go hand & hand...they want this done irregardless of what is going on in the political realms...The EFSL is basically the official start or initiator of the "The White Papers". And the Monetary/Economic Reform...
6-20-2022 Newshound Guru Samson Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022". Quote: "Iraq ranked first in the Arab world in terms of GDP growth rate, followed by Kuwait, then Saudi Arabia third, then Egypt fourth and Oman fifth."
6-20-2022 Intel Guru MarkZ [via PDK] There has been really good chatter about today. Even European contacts think something will be happening overnight tonight...we will see what tomorrow will bring…stay grounded. We are close…
6-20-2022 Newshound Guru Militiaman They'll need to get the exchange rate of the IQD internationally accepted and cleared. The new ATMs with currency recycling and mention of coins today are huge clues as to that Iraq is getting ready for internationalism by those two items alone a long with the AMF being ready for more currencies. The education is underway and gaining steam in Iraq.. All looks very good.. [Post 2 of 2]
6-20-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Holds An Interactive Workshop To Talk About The Experience And Interaction Of Participating Financial Institutions With The Buna Platform For Arab Payments" Iraq is going to be one of the largest trading partners in the region and the re construction of the country is to be under way shortly... [Post 1 of 2....stay tuned]
6-20-2022 Intel Guru Frank26 Mustafa is educating the banks around the world right now...I lost count when I got up over 100...I don't even know how many banks have come to see the CBI and have a meeting with them. Bank after bank after bank after bank from all around the world. ...can't help but to wonder that an agreed structural formation is being formed right now to be released. And it's traveling pretty fast I think.
6-19-2022 Guru Nader From The Mid East I think when the reinstatement happen, if they're putting it back on Forex, the bank will accept it and go to the bank and you change your dinar and that's it. This is that simple. It's gonna be taxes involved in it. The government is gonna take from you for sure. All over the world it works like that.
6-19-2022 Newshound Guru Kaperoni ...A country's currency exchange rate is not random or arbitrary. Usually a currency's exchange rate is based on economic growth, GDP, reserves, etc...If the dinar ever does go up in value it will be gradually over time (via float) as Iraq's economy grows and prospers. Doing so would allow them to gradually reduce the currency in circulation as the value increases.
6-19-2022 Newshound Guru Sandy Ingram I know some of you are tired of hearing about parliament...but please know that the parliament vote has everything to do with the new president of Iraq and the new prime minister which will ultimately affect our investment in the Iraqi dinar...all the news is interconnected.
6-19-2022 Newshound Guru Pimpy The Framework suggests that the current will return and reveal the latest developments in the talks with its traditional rival" When they say 'the current' what they're talking about is the government that is currently installed - Al Kazemi, Saleh...
6-19-2022 Newshound Guru Tivon Al-Tamimi (Legal Expert) said the EFSL will enter implementation after 15 days regardless of any signature by the President of The Republic.
6-19-2022 Newshound Guru Petra The EFSL is marching down a time controlled track. And, we do not know if Saleh has signed the law or not. Regardless, we are all in agreement that it becomes law 15 days from the vote. So why has he not signed it? Because...PM K and THE COM needed time to review all the contracts to insure when the deployment deadline hits...the EFSL can handle all the contracts, the CBI can defend the rate globally, And the secondary markets are protected as they begin to develop the Iraqi infrastructure.
6-19-2022 Intel Guru Frank26 the CBI and Kazemi are not wasting time. They're going about their business and getting all the reforms done. Are they dealing with the New Small Category Notes and the exchange rate now? Yes! 'Why do I say this so boldly?' Because the CBI boldly put out these new ATM machines. 'Do they still have the 3 zero notes in them?' Yes. 'They don't have the NSCNs in them yet? No. 'Well then that means that they're gonna just stay with the 3 zero notes frank. They're never going to change them.' No.
6-19-2022 Intel Guru MarkZ [via PDK] On the RV front still hearing very positive things for the 20th and the 21st. There is no negative news coming out of Iraq. Article “The Central bank of Iraq: We launched 17 trillion dinars of development initiatives” We also shared several articles over the last 2 days about the continued support and execution for the white papers. We did get more chatter out of Iraq for the need to increase the value of their currency yesterday. Still looks like we are in a great spot…nothing negative.
6-19-2022 Newshound Guru Kaperoni ...A country's currency exchange rate is not random or arbitrary. Usually a currency's exchange rate is based on economic growth, GDP, reserves, etc...If the dinar ever does go up in value it will be gradually over time (via float) as Iraq's economy grows and prospers. Doing so would allow them to gradually reduce the currency in circulation as the value increases.
6-19-2022 Newshound Guru Sandy Ingram I know some of you are tired of hearing about parliament...but please know that the parliament vote has everything to do with the new president of Iraq and the new prime minister which will ultimately affect our investment in the Iraqi dinar...all the news is interconnected.
6-19-2022 Newshound Guru Pimpy The Framework suggests that the current will return and reveal the latest developments in the talks with its traditional rival" When they say 'the current' what they're talking about is the government that is currently installed - Al Kazemi, Saleh...
6-19-2022 Newshound Guru Tivon Al-Tamimi (Legal Expert) said the EFSL will enter implementation after 15 days regardless of any signature by the President of The Republic.
6-19-2022 Newshound Guru Petra The EFSL is marching down a time controlled track. And, we do not know if Saleh has signed the law or not. Regardless, we are all in agreement that it becomes law 15 days from the vote. So why has he not signed it? Because...PM K and THE COM needed time to review all the contracts to insure when the deployment deadline hits...the EFSL can handle all the contracts, the CBI can defend the rate globally, And the secondary markets are protected as they begin to develop the Iraqi infrastructure.
6-19-2022 Intel Guru Frank26 the CBI and Kazemi are not wasting time. They're going about their business and getting all the reforms done. Are they dealing with the New Small Category Notes and the exchange rate now? Yes! 'Why do I say this so boldly?' Because the CBI boldly put out these new ATM machines. 'Do they still have the 3 zero notes in them?' Yes. 'They don't have the NSCNs in them yet? No. 'Well then that means that they're gonna just stay with the 3 zero notes frank. They're never going to change them.' No.
6-19-2022 Intel Guru MarkZ [via PDK] On the RV front still hearing very positive things for the 20th and the 21st. There is no negative news coming out of Iraq. Article “The Central bank of Iraq: We launched 17 trillion dinars of development initiatives” We also shared several articles over the last 2 days about the continued support and execution for the white papers. We did get more chatter out of Iraq for the need to increase the value of their currency yesterday. Still looks like we are in a great spot…nothing negative.
6-18-2022 Intel Guru Frank26 Article "The central electronic platform for letters of guarantee enhances confidence in banking transactions" ATMs INTERNATIONAL AND DOMESTIC... Article "Communications announces the allocation of two orbits for the Iraqi satellite launch project" SATELLITES ARE FOR INTERNATIONAL COMMUNICATION!!! ISN'T THAT CORRECT MUSK?
6-18-2022 Newshound Guru Samson Article "Al-Maliki flirts with Al-Sadr and offers cooperation" [Note: We include this article because I found it so cute! :)]
6-18-2022 Newshound Guru Sandy Ingram Iraqi law stipulates that when lawmakers resign from parliament their seats are to be distributed to the runner-up parties. What this means is Iran 's Sunni influence in Iraq will likely grow considerably. This may not be the best outcome for investors. The runner-ups are Iran-backed supporters.
6-18-2022 Newshound Guru Tivon ...All the EFSL is waiting on is the signature of Presidency Saleh. Not something still pending like the Gov formation...Al-Zamili said last week in a statement, (6 June 2022), that “this law is among the most important laws that, if enacted, will contribute significantly to tackling unemployment and creating job opportunities for young people, as it will guarantee them all pension rights and privileges." This is the private sector Ladies & Gentlemen. How can this work without an exchange rate?
6-18-2022 Newshound Guru Godlover I am still leaning towards the EFLS not having what we all seek...I think the EFSL is just as it states, an emergency law to give their citizens immediate relief. Just too much talk of the need for a new government (or extension with full powers from current), & the passage of the 2022 budget to dismiss...
6-18-2022 Newshound Guru Pimpy Sadr knows what he's doing. He absolutely knew by resigning was going to cause all kinds of issues for the Coordinating Framework...there's a problem, they're still trying to figure out how to get Sadr back along with his deputies. This puts Sadr in a strong position of power...the Coordination Framework has to be freaking out. Sadr is a lot more popular than people realize and he easily can cause an uprising...I think...he'll come back only if he gets what he wants...
6-18-2022 Newshound Guru Militiaman The Central Bank of Iraq has shown to the Central Bank of England new currency with a need for smaller increments to make change. That is in that they showed them the NSCNs...Then we saw the ATMs that have new innovative technology to recycle currency. They roll out of the new exchange rate education is imo fully underway. All while the EFSL has a time clock to be presented in the Gazette. I like what we are seeing. [Post 2 of 2]
6-18-2022 Newshound Guru MilitiaMan Article: "Maysani issues a book documenting Iraqi stamps and coins" Timing if this being exposed is not by coincidence, imo. They'll likely once they re issue a new exchange rate will have a need for coins, thus, the book would be expected to be updated to reflect this next historical move. [Post 1 of 2....stay tuned]
6-18-2022 Intel Guru Bruce [via WiserNow] One source has told us that we will be dancing in the streets – celebrating when this goes for us...we’re hearing anytime between where we are right now and July 4th...
6-18-2022 Newshound/Intel Guru Mnt Goat ...After my conversation with...my contact in the Central Bank of Iraq (CBI)... I still firmly believe that this is the year to see the reinstatement of the Iraqi dinar. I was told the target is still by end of June...With the reinstatement to FOREX the goose that is laying the golden eggs of corruption money will end since the currency auctions in the capacity of today will also end...I was told that this is sooooo close (and I mean so very close) to the event...
6-18-2022 Newshound Guru Samson Article "Al-Maliki flirts with Al-Sadr and offers cooperation" [Note: We include this article because I found it so cute! :)]
6-18-2022 Newshound Guru Sandy Ingram Iraqi law stipulates that when lawmakers resign from parliament their seats are to be distributed to the runner-up parties. What this means is Iran 's Sunni influence in Iraq will likely grow considerably. This may not be the best outcome for investors. The runner-ups are Iran-backed supporters.
6-18-2022 Newshound Guru Tivon ...All the EFSL is waiting on is the signature of Presidency Saleh. Not something still pending like the Gov formation...Al-Zamili said last week in a statement, (6 June 2022), that “this law is among the most important laws that, if enacted, will contribute significantly to tackling unemployment and creating job opportunities for young people, as it will guarantee them all pension rights and privileges." This is the private sector Ladies & Gentlemen. How can this work without an exchange rate?
6-18-2022 Newshound Guru Godlover I am still leaning towards the EFLS not having what we all seek...I think the EFSL is just as it states, an emergency law to give their citizens immediate relief. Just too much talk of the need for a new government (or extension with full powers from current), & the passage of the 2022 budget to dismiss...
6-18-2022 Newshound Guru Pimpy Sadr knows what he's doing. He absolutely knew by resigning was going to cause all kinds of issues for the Coordinating Framework...there's a problem, they're still trying to figure out how to get Sadr back along with his deputies. This puts Sadr in a strong position of power...the Coordination Framework has to be freaking out. Sadr is a lot more popular than people realize and he easily can cause an uprising...I think...he'll come back only if he gets what he wants...
6-18-2022 Newshound Guru Militiaman The Central Bank of Iraq has shown to the Central Bank of England new currency with a need for smaller increments to make change. That is in that they showed them the NSCNs...Then we saw the ATMs that have new innovative technology to recycle currency. They roll out of the new exchange rate education is imo fully underway. All while the EFSL has a time clock to be presented in the Gazette. I like what we are seeing. [Post 2 of 2]
6-18-2022 Newshound Guru MilitiaMan Article: "Maysani issues a book documenting Iraqi stamps and coins" Timing if this being exposed is not by coincidence, imo. They'll likely once they re issue a new exchange rate will have a need for coins, thus, the book would be expected to be updated to reflect this next historical move. [Post 1 of 2....stay tuned]
6-18-2022 Intel Guru Bruce [via WiserNow] One source has told us that we will be dancing in the streets – celebrating when this goes for us...we’re hearing anytime between where we are right now and July 4th...
6-18-2022 Newshound/Intel Guru Mnt Goat ...After my conversation with...my contact in the Central Bank of Iraq (CBI)... I still firmly believe that this is the year to see the reinstatement of the Iraqi dinar. I was told the target is still by end of June...With the reinstatement to FOREX the goose that is laying the golden eggs of corruption money will end since the currency auctions in the capacity of today will also end...I was told that this is sooooo close (and I mean so very close) to the event...
6-17-2022 Newshound Guru Militiaman Article: "Extensive praises to the Customs Authority after implementing the 'Automation' system" The borders are ready for the CBI to show case the rate...Imo We are in a worldly place now...
6-17-2022 Intel Guru MarkZ [via PDK] We do have some key things from Iraq with Sadr stepping down. I hear they called the bluff and it worked exceptionally well. They are planning on having their government squared away first of the week. Also 2 articles late in the day yesterday that they are moving forward with the white papers and monetary reform …now that there is no longer a block.
6-17-2022 Newshound Guru Samson Article: "The World Bank warns of the impact of the delay in forming the government and approving the budget on the growth of Iraq's economy"
6-17-2022 Guru Nader From The Mid East I've been reading a lot, 'my opinion', 'my experience', 'my...' Nobody has an opinion in this, nobody has 'experience' of this besides the CBI. The CBI knows everything...it's not the IMF. It's not the World Bank who's going to make decision...The CBI will make this decision. They would say, 'Hey, we're losing money. We have to change our rates and we're going to change our rate.' That's it.
6-17-2022 Intel Guru Bruce [via WiserNow] ...it looks like we are going to be notified in the next few days...information suggested that the redemption center staff would be going in Monday..am – to set our appointments...that is what we’re hearing from a pretty reliable source...a lot of people we normally talk to have been put under gag orders – new NDA’s and it’s quiet...let’s see what happens in the next 3-4 days...
6-17-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil revenues rose to 11.4 billion dollars in May" We were so busy with Iraq's government gridlock that we did not acknowledge oil revenue for May. Iraq's oil financial revenues in May of 2022 were 11.4 billion up 93% from May of 2021 where the oil revenue was $5.9 billion...paid in U.S. dollars for last month's oil revenue.
6-17-2022 Newshound Guru Tivon The 2022 General Budget...is for "New Projects". The Food Security Law" is for stalled ongoing projects that was never spent in the 2021 Budget...That's why they also stated that the 2021 budget was supposed to raise the value of the dinar. Since it didn't they will just use the FSL to and whatever money is left over in the FSL will also be put in the 2022/2023 budget.
6-17-2022 Newshound Guru Pimpy Here's the deal. They offered Sadr to come back into the government. They encouraged him and his deputies to come back into the government. Sadr turned them down...the word is he has turned them down. It's a no. Sadr is not coming back.
6-17-2022 Intel Guru MarkZ [via PDK] I am feeling awfully good about the coming week and the next few days. I have spoken with a number of contacts since last night and they all are of the same mindset…that we are here.
6-17-2022 Intel Guru Frank26 [Referencing recent newly installed ATMs in Iraq articles] 'The recycling currency'. Not 'the recycling of currency' but the 'recycling currency'. What do you thing that means? ...what do you have now? Here use this instead...they're moving very fast to introduce to the citizens a new monetary reform...
6-17-2022 Newshound/Intel Guru Mnt Goat Quote: “Iraq has a unique opportunity to undertake urgent and wide-ranging structural reforms”. We know that many of these reforms to completion in the White Paper can not occur without the one reform we all want to happen. This is the currency reform. ...we heard almost these exact words from Dr. Sinani Shabibi back in 2014 in his news conference. He talked about the proposed “go-ahead” for the reinstatement of the dinar in early 2013... So, this time we are in is yet another “unprecedented opportunity” for Iraq says the Word Bank in the article today. [post 2 of 2]
6-17-2022 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: THE GROWTH OF IRAQ’S ECONOMY IS LINKED TO THE FORMATION OF THE GOVERNMENT AND THE APPROVAL OF THE BUDGET" a report issued by the World Bank, on Wednesday, warned of the impact of the delay in forming the government and approving the budget on the growth of Iraq’s economy. The growth since 2021 was supported by a strong expansion in non-oil production, especially in the services sector. [post 1 of 2....stay tuned]
6-17-2022 Intel Guru Bruce [via WiserNow] the tellers in the major banks went into a training Friday – Saturday – Sunday – and Monday...They brought these tellers up to speed on the revaluation and they trained them on the Delarue machine and they did a lot of this training at the redemption centers...on the currency and exchanges...the fact that the tellers...are being brought up to speed tells us that we’re getting very close to the end of this ride...
6-17-2022 Intel Guru MarkZ [via PDK] We do have some key things from Iraq with Sadr stepping down. I hear they called the bluff and it worked exceptionally well. They are planning on having their government squared away first of the week. Also 2 articles late in the day yesterday that they are moving forward with the white papers and monetary reform …now that there is no longer a block.
6-17-2022 Newshound Guru Samson Article: "The World Bank warns of the impact of the delay in forming the government and approving the budget on the growth of Iraq's economy"
6-17-2022 Guru Nader From The Mid East I've been reading a lot, 'my opinion', 'my experience', 'my...' Nobody has an opinion in this, nobody has 'experience' of this besides the CBI. The CBI knows everything...it's not the IMF. It's not the World Bank who's going to make decision...The CBI will make this decision. They would say, 'Hey, we're losing money. We have to change our rates and we're going to change our rate.' That's it.
6-17-2022 Intel Guru Bruce [via WiserNow] ...it looks like we are going to be notified in the next few days...information suggested that the redemption center staff would be going in Monday..am – to set our appointments...that is what we’re hearing from a pretty reliable source...a lot of people we normally talk to have been put under gag orders – new NDA’s and it’s quiet...let’s see what happens in the next 3-4 days...
6-17-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil revenues rose to 11.4 billion dollars in May" We were so busy with Iraq's government gridlock that we did not acknowledge oil revenue for May. Iraq's oil financial revenues in May of 2022 were 11.4 billion up 93% from May of 2021 where the oil revenue was $5.9 billion...paid in U.S. dollars for last month's oil revenue.
6-17-2022 Newshound Guru Tivon The 2022 General Budget...is for "New Projects". The Food Security Law" is for stalled ongoing projects that was never spent in the 2021 Budget...That's why they also stated that the 2021 budget was supposed to raise the value of the dinar. Since it didn't they will just use the FSL to and whatever money is left over in the FSL will also be put in the 2022/2023 budget.
6-17-2022 Newshound Guru Pimpy Here's the deal. They offered Sadr to come back into the government. They encouraged him and his deputies to come back into the government. Sadr turned them down...the word is he has turned them down. It's a no. Sadr is not coming back.
6-17-2022 Intel Guru MarkZ [via PDK] I am feeling awfully good about the coming week and the next few days. I have spoken with a number of contacts since last night and they all are of the same mindset…that we are here.
6-17-2022 Intel Guru Frank26 [Referencing recent newly installed ATMs in Iraq articles] 'The recycling currency'. Not 'the recycling of currency' but the 'recycling currency'. What do you thing that means? ...what do you have now? Here use this instead...they're moving very fast to introduce to the citizens a new monetary reform...
6-17-2022 Newshound/Intel Guru Mnt Goat Quote: “Iraq has a unique opportunity to undertake urgent and wide-ranging structural reforms”. We know that many of these reforms to completion in the White Paper can not occur without the one reform we all want to happen. This is the currency reform. ...we heard almost these exact words from Dr. Sinani Shabibi back in 2014 in his news conference. He talked about the proposed “go-ahead” for the reinstatement of the dinar in early 2013... So, this time we are in is yet another “unprecedented opportunity” for Iraq says the Word Bank in the article today. [post 2 of 2]
6-17-2022 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: THE GROWTH OF IRAQ’S ECONOMY IS LINKED TO THE FORMATION OF THE GOVERNMENT AND THE APPROVAL OF THE BUDGET" a report issued by the World Bank, on Wednesday, warned of the impact of the delay in forming the government and approving the budget on the growth of Iraq’s economy. The growth since 2021 was supported by a strong expansion in non-oil production, especially in the services sector. [post 1 of 2....stay tuned]
6-17-2022 Intel Guru Bruce [via WiserNow] the tellers in the major banks went into a training Friday – Saturday – Sunday – and Monday...They brought these tellers up to speed on the revaluation and they trained them on the Delarue machine and they did a lot of this training at the redemption centers...on the currency and exchanges...the fact that the tellers...are being brought up to speed tells us that we’re getting very close to the end of this ride...
6-16-2022 Newshound Guru Militiaman [Member comment about Article "Diebold Nixdorf deploys new ATMs in Iraq" we’ve been down this road before about the ATM machines and nothing happened] ...There were new machines in the past, yes...many back then were not working however, just sitting idle...If we read closely they are even more modern now with new technology that integrate cash recycling capabilities...One stroke of the canvas has it as swapping old currency for new currency...
6-16-2022 Intel Guru MarkZ [via PDK] ...in Iraq...I have a few key drops of intel. They are moving quickly...may have the government sat by early next week. Maybe Monday or so…that’s the chatter. There were 2 good articles out about how the white papers revived the banking sector. We have been expecting for some time now to find the new rate in the white papers. I was told they needed to get the Food Security bill done so they could move forward with the white papers. I am praying this is it and that is accurate.
6-16-2022 Guru Nader From The Mid East News - they're talking about the dinar may start floating. I don't know why now. I have no idea when...the dinar will not go to $3 right away...it will float at least for 6 months or a year maybe...we don't know if it's gonna be $3, $2, $1. No body knows...stay grounded.
6-16-2022 Newshound Guru Pimpy Is it possible that Sadr and his deputies can be reinstated? That would be interesting Article "An initiative by the president...to support the framework to restore the Sadrist movement to the political process."
6-16-2022 Intel Guru Bob Locke [via PDK] Has been so quiet lately…but last night my phone lit up with calls...One of them said "this stuff is going"... I see things are moving very quickly now …it’s a good thing…I am very hopeful we are there.
6-16-2022 Newshound Guru Deepwoodz Article: "Diebold Nixdorf deploys new ATMs in Iraq" I really like this. Quote: “and in our next phase, the ATM’s integrated cash recycling capabilities” Out with the old, in with the…wait In with the old, and out with the new!
6-16-2022 Newshound Guru Tivon Article: "World Bank: Iran's economy is the fastest growing in the world" Remember what Iran announced...They want to introduce their currency on the exchange markets. Why did they announce this before Iraq? Iraq has the oil contracts... This surprised Iran because it wasn't supposed to happen. Nobody knew Kurdistan was going to be forced to sign that over. Out of all the years we have been in this investment Iran never pulled something like this...
6-16-2022 Intel Guru Frank26 Article: "Diebold Nixdorf deploys new ATMs in Iraq" JUST LIKE [Guru] WALKINGSTICK & I TOLD YOU THE CBI RIGHT ON COURSE WITH THE ATMs!
6-16-2022 Intel Guru Bruce [via WiserNow] ...First of all about 70% of the Iraq Parliament has been replaced in the last few days and that means that new people...have already stepped up to take their positions in the new parliament – as Iraq is seating their new government ...we believe that some of the old people that were put in by Maliki were people that were trying to keep this revaluation of the Iraqi dinar from going...known internationally...according to our sources in Iraq has ended and now we’re looking for the rate of the new dinar – to come out along with the seating of their parliament...
6-16-2022 Intel Guru MarkZ [via PDK] ...in Iraq...I have a few key drops of intel. They are moving quickly...may have the government sat by early next week. Maybe Monday or so…that’s the chatter. There were 2 good articles out about how the white papers revived the banking sector. We have been expecting for some time now to find the new rate in the white papers. I was told they needed to get the Food Security bill done so they could move forward with the white papers. I am praying this is it and that is accurate.
6-16-2022 Guru Nader From The Mid East News - they're talking about the dinar may start floating. I don't know why now. I have no idea when...the dinar will not go to $3 right away...it will float at least for 6 months or a year maybe...we don't know if it's gonna be $3, $2, $1. No body knows...stay grounded.
6-16-2022 Newshound Guru Pimpy Is it possible that Sadr and his deputies can be reinstated? That would be interesting Article "An initiative by the president...to support the framework to restore the Sadrist movement to the political process."
6-16-2022 Intel Guru Bob Locke [via PDK] Has been so quiet lately…but last night my phone lit up with calls...One of them said "this stuff is going"... I see things are moving very quickly now …it’s a good thing…I am very hopeful we are there.
6-16-2022 Newshound Guru Deepwoodz Article: "Diebold Nixdorf deploys new ATMs in Iraq" I really like this. Quote: “and in our next phase, the ATM’s integrated cash recycling capabilities” Out with the old, in with the…wait In with the old, and out with the new!
6-16-2022 Newshound Guru Tivon Article: "World Bank: Iran's economy is the fastest growing in the world" Remember what Iran announced...They want to introduce their currency on the exchange markets. Why did they announce this before Iraq? Iraq has the oil contracts... This surprised Iran because it wasn't supposed to happen. Nobody knew Kurdistan was going to be forced to sign that over. Out of all the years we have been in this investment Iran never pulled something like this...
6-16-2022 Intel Guru Frank26 Article: "Diebold Nixdorf deploys new ATMs in Iraq" JUST LIKE [Guru] WALKINGSTICK & I TOLD YOU THE CBI RIGHT ON COURSE WITH THE ATMs!
6-16-2022 Intel Guru Bruce [via WiserNow] ...First of all about 70% of the Iraq Parliament has been replaced in the last few days and that means that new people...have already stepped up to take their positions in the new parliament – as Iraq is seating their new government ...we believe that some of the old people that were put in by Maliki were people that were trying to keep this revaluation of the Iraqi dinar from going...known internationally...according to our sources in Iraq has ended and now we’re looking for the rate of the new dinar – to come out along with the seating of their parliament...
6-15-2022 Newshound Guru Samson Article: "World Bank: Iran 's economy is the fastest growing in the world". Quote "The World Bank announced that the annual growth rate of the Iranian economy this year has reached three and seven percent, which will constitute its highest level in the global economy for this year."
6-15-2022 Intel Guru MarkZ [via PDK] [Do you think Iraq will announce in-country before we go?] I think so…there would be instability in iraq if we hear it over her first. I personally think they will announce it over there first…and try to keep it quiet over there for at least a few hours or a day. I don’t think they can keep it a secret for the 10 days Kuwait had done…internet won’t let them...todays world is too interconnected with cell phones, social media….
6-15-2022 Newshound Guru Tivon If they said the 2021 Budget...was supposed to "Raise The Value of The Dinar" and that they will empty the 2021 Budget and put all the money in the "Food Security Law" what do you think the FSL will do for the Dinar if Mazhar Muhammad Saleh stated it will move the wheel of the economy? Raise The Value of The Dinar right? Keep in mind that the Oil & Gas Law is in the FSL. What's makes up 90% of Iraqs revenue? Oil. IMO
6-15-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq meets the International Islamic Rating Agency" FLOAT THE DINAR... INTERNATIONAL BANKS! Quote " the agency's delegation confirmed that the Iraqi Islamic banking sector is one of the promising sectors, expressing the agency's readiness to cooperate with the Central Bank in implementing its vision and providing the necessary support."
6-15-2022 Guru Nader From The Mid East Article: "Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to reply its DN Series ATMs in Iraq" Everybody's talking about the new ATMs. They've been installed, yes. Yesterday morning I was at the bank and I said (to myself) 'Maybe ATMs gonna be new small categories...' Well not this morning. Took some money from it and it's same money. It's a 25 and the 10 and the 5 thousands.
6-15-2022 Newshound Guru Sandy Ingram Article: "Nearly $700m Stolen From Iraq State Banks" ...A total of 926 billion Iraqi dinars equaling $697 million U.S. dollars went missing due to forgery, embezzlement, manipulation, money laundering and abuse of position...yes, people are going to prison.
6-15-2022 Intel Guru MarkZ [via PDK] ...there are things right now I am not allowed to talk about…there are things I don’t get to share that has encouraged me. News has been all over the place for the last few days…from anytime now to occurring middle of this week to the fist of September. The overwhelming majority of folks however, think that somewhere in the second half of June we will see the revaluation. I do not think there will be any more can kicking at all.
6-15-2022 Newshound Guru Pimpy They'll tell you, 'Well, we'll find out what the exchange rate is. You come in buy x amount of dollars of it, you give us the US dollars, we'll give you the foreign currency and when you get back you'll exchange it back the other way." There's no magical handling of the currency. Iraq is no different. [Post 2 of 2]
6-15-2022 Newshound Guru Pimpy You can literally call your local bank or get a hold of any bank that handles exchanging of currency...They can answer any question. Don't bring up the Iraqi dinar. They'll just say they don't do any buying or selling of the Iraqi dinar but just talk about how it works in general. Just say, 'Hey if I want to go to 'Afoosistan' what do I do?' [Post 1 of 2....stay tuned]
6-15-2022 Newshound Guru Tivon Iran just told everyone what they are about to do with their currency. You think Iraq will just sit idly by while the Iranian Rial is performing in the currency market appreciating in value without reinstating prior or right after when they also have the means to do it now thanks to the FSL?
6-15-2022 Intel Guru MarkZ [via PDK] Article “Washington: We are ready to work with any Iraqi government on condition” The condition is they put the Iraqi people first- The sovereignty of the Iraqi people first…We have been expecting this. This is why Sadr’s bloc resigned en masse…to force things to move forward. This is a positive sign.
6-15-2022 Intel Guru MarkZ [via PDK] [Do you think Iraq will announce in-country before we go?] I think so…there would be instability in iraq if we hear it over her first. I personally think they will announce it over there first…and try to keep it quiet over there for at least a few hours or a day. I don’t think they can keep it a secret for the 10 days Kuwait had done…internet won’t let them...todays world is too interconnected with cell phones, social media….
6-15-2022 Newshound Guru Tivon If they said the 2021 Budget...was supposed to "Raise The Value of The Dinar" and that they will empty the 2021 Budget and put all the money in the "Food Security Law" what do you think the FSL will do for the Dinar if Mazhar Muhammad Saleh stated it will move the wheel of the economy? Raise The Value of The Dinar right? Keep in mind that the Oil & Gas Law is in the FSL. What's makes up 90% of Iraqs revenue? Oil. IMO
6-15-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq meets the International Islamic Rating Agency" FLOAT THE DINAR... INTERNATIONAL BANKS! Quote " the agency's delegation confirmed that the Iraqi Islamic banking sector is one of the promising sectors, expressing the agency's readiness to cooperate with the Central Bank in implementing its vision and providing the necessary support."
6-15-2022 Guru Nader From The Mid East Article: "Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to reply its DN Series ATMs in Iraq" Everybody's talking about the new ATMs. They've been installed, yes. Yesterday morning I was at the bank and I said (to myself) 'Maybe ATMs gonna be new small categories...' Well not this morning. Took some money from it and it's same money. It's a 25 and the 10 and the 5 thousands.
6-15-2022 Newshound Guru Sandy Ingram Article: "Nearly $700m Stolen From Iraq State Banks" ...A total of 926 billion Iraqi dinars equaling $697 million U.S. dollars went missing due to forgery, embezzlement, manipulation, money laundering and abuse of position...yes, people are going to prison.
6-15-2022 Intel Guru MarkZ [via PDK] ...there are things right now I am not allowed to talk about…there are things I don’t get to share that has encouraged me. News has been all over the place for the last few days…from anytime now to occurring middle of this week to the fist of September. The overwhelming majority of folks however, think that somewhere in the second half of June we will see the revaluation. I do not think there will be any more can kicking at all.
6-15-2022 Newshound Guru Pimpy They'll tell you, 'Well, we'll find out what the exchange rate is. You come in buy x amount of dollars of it, you give us the US dollars, we'll give you the foreign currency and when you get back you'll exchange it back the other way." There's no magical handling of the currency. Iraq is no different. [Post 2 of 2]
6-15-2022 Newshound Guru Pimpy You can literally call your local bank or get a hold of any bank that handles exchanging of currency...They can answer any question. Don't bring up the Iraqi dinar. They'll just say they don't do any buying or selling of the Iraqi dinar but just talk about how it works in general. Just say, 'Hey if I want to go to 'Afoosistan' what do I do?' [Post 1 of 2....stay tuned]
6-15-2022 Newshound Guru Tivon Iran just told everyone what they are about to do with their currency. You think Iraq will just sit idly by while the Iranian Rial is performing in the currency market appreciating in value without reinstating prior or right after when they also have the means to do it now thanks to the FSL?
6-15-2022 Intel Guru MarkZ [via PDK] Article “Washington: We are ready to work with any Iraqi government on condition” The condition is they put the Iraqi people first- The sovereignty of the Iraqi people first…We have been expecting this. This is why Sadr’s bloc resigned en masse…to force things to move forward. This is a positive sign.
6-14-2022 Newshound Guru Tivon Question: "totally confused so if no budget needs to be approved! When will the rate change?" FSL is acting as a budget (Financially) until one is approved ...They do not need the budget to allocate any funds, the FSL will do that. So when they release a rate it will be because of the forecasted input/output of the Overall GDP that influence what price they decide to come out at....Let the CBI do their job because it's them who will release the rate...
6-14-2022 Intel Guru MarkZ [via PDK] Article: “$180 a barrel …Expectations of a big jump in oil prices” This is forecast before the end of the year which spells big trouble for us at the pumps. But, for Iraq and the RV process, it will allow them to increase the rate of when they can pay off the revaluation and help their people.
6-14-2022 Guru Nader From The Mid East [Referencing Guru Militiaman post 6-10-2022] If you look at the picture they put when the CBI given a gift to the Bank of London it was a 25,000 dinars. If you look closely it's 25,000 dinars. That's the gift they got. Small category is gonna happen but I don't know if it's gonna happen now. It's too early I think. They're working on it. They said it.
6-14-2022 Newshound/Intel Gurus Walkingstick and Frank26 IOO [Iraqi Citizens] ...will soon see the roll out of the new ATM machines. They will probably be empty but they'll see them...IOO hundreds of new ATM machines are being moved into the streets of Iraq. That's why we tell you with confidence...I'm giving you markers of what you might want to anticipate. You're gonna see these ATM machines...
6-14-2022 Newshound Guru Pimpy ...Sadr resigned. Him and all his deputies...What does this means for Iraq? ...I really felt Sadr was going to win in this game of chicken...all I know is there are a lot of corrupt people in this Coordinated Framework. They are all Iranian-backed politicians. This is not good for the Iraqi people...I still hope some good comes out of this...
6-14-2022 Newshound Guru Militiaman We are so seeing the Monetary Reforms on Steroids. The best is yet to come and imo it is coming without delay now.
6-14-2022 Newshound Guru Samson Article: "American Airlines resumes flying in Iraqi airspace"
6-14-2022 Newshound Guru Tivon ...Train yourself to focus on pertinent things that help you understand your investment. Al-Sadr is not one of them at this stage. If he went missing never to return for whatever reason would not make one dent in this investment. The FSL was specifically created to prolong the Al-Kazemi government, not Sadr!...Look for what happens once the FSL is published in the Gazette. Imo [Post 2 of 2]
6-14-2022 Newshound Guru Tivon Question: "Sadrists resigning thier positions in parliament...isn't that a bad thing for us as investors?" Al-Sadr, done his job. He got the Criminalizing Normalization Law done. He got the "Emergency Food Security Law" done. He got the Kurdistan Regional Oil & Gas Law signed over to Baghdad done. What more do you want from the man? You should be focusing on Al-Kazemi and his team. He is next up to bat... [Post 1 of 2....stay tuned]
6-14-2022 Intel Guru MarkZ [via PDK] [What is the expected Dinar rate] Most people expect the RI (Reinstatement) rate (on the conservative side) would be at least in the low to mid $3 range…if they use the NEER Rate (Nominal Effective Exchange Rate) the rate would start at about $1.60 and float.
6-14-2022 Guru Nader From The Mid East ...The exchange rate if it happened, happened with the CBI. No body else. No governments. No Maliki. No Sadr. No nobody. Nobody's gonna get involved in this. It's the economy and it's the CBI Bank. The CBI is in change of everything financial...we're waiting for the CBI. Waiting for the economy to get better. Waiting for the private sector to get stable... politics has nothing to do with this...I don't think it's going to happen this year.
6-14-2022 Newshound Guru Kaperoni Within a month or so the IMF will release the latest Article IV Consultation with Iraq which was completed last month and will give us an update on monetary policy.
6-14-2022 Intel Guru MarkZ [via PDK] Article: “$180 a barrel …Expectations of a big jump in oil prices” This is forecast before the end of the year which spells big trouble for us at the pumps. But, for Iraq and the RV process, it will allow them to increase the rate of when they can pay off the revaluation and help their people.
6-14-2022 Guru Nader From The Mid East [Referencing Guru Militiaman post 6-10-2022] If you look at the picture they put when the CBI given a gift to the Bank of London it was a 25,000 dinars. If you look closely it's 25,000 dinars. That's the gift they got. Small category is gonna happen but I don't know if it's gonna happen now. It's too early I think. They're working on it. They said it.
6-14-2022 Newshound/Intel Gurus Walkingstick and Frank26 IOO [Iraqi Citizens] ...will soon see the roll out of the new ATM machines. They will probably be empty but they'll see them...IOO hundreds of new ATM machines are being moved into the streets of Iraq. That's why we tell you with confidence...I'm giving you markers of what you might want to anticipate. You're gonna see these ATM machines...
6-14-2022 Newshound Guru Pimpy ...Sadr resigned. Him and all his deputies...What does this means for Iraq? ...I really felt Sadr was going to win in this game of chicken...all I know is there are a lot of corrupt people in this Coordinated Framework. They are all Iranian-backed politicians. This is not good for the Iraqi people...I still hope some good comes out of this...
6-14-2022 Newshound Guru Militiaman We are so seeing the Monetary Reforms on Steroids. The best is yet to come and imo it is coming without delay now.
6-14-2022 Newshound Guru Samson Article: "American Airlines resumes flying in Iraqi airspace"
6-14-2022 Newshound Guru Tivon ...Train yourself to focus on pertinent things that help you understand your investment. Al-Sadr is not one of them at this stage. If he went missing never to return for whatever reason would not make one dent in this investment. The FSL was specifically created to prolong the Al-Kazemi government, not Sadr!...Look for what happens once the FSL is published in the Gazette. Imo [Post 2 of 2]
6-14-2022 Newshound Guru Tivon Question: "Sadrists resigning thier positions in parliament...isn't that a bad thing for us as investors?" Al-Sadr, done his job. He got the Criminalizing Normalization Law done. He got the "Emergency Food Security Law" done. He got the Kurdistan Regional Oil & Gas Law signed over to Baghdad done. What more do you want from the man? You should be focusing on Al-Kazemi and his team. He is next up to bat... [Post 1 of 2....stay tuned]
6-14-2022 Intel Guru MarkZ [via PDK] [What is the expected Dinar rate] Most people expect the RI (Reinstatement) rate (on the conservative side) would be at least in the low to mid $3 range…if they use the NEER Rate (Nominal Effective Exchange Rate) the rate would start at about $1.60 and float.
6-14-2022 Guru Nader From The Mid East ...The exchange rate if it happened, happened with the CBI. No body else. No governments. No Maliki. No Sadr. No nobody. Nobody's gonna get involved in this. It's the economy and it's the CBI Bank. The CBI is in change of everything financial...we're waiting for the CBI. Waiting for the economy to get better. Waiting for the private sector to get stable... politics has nothing to do with this...I don't think it's going to happen this year.
6-14-2022 Newshound Guru Kaperoni Within a month or so the IMF will release the latest Article IV Consultation with Iraq which was completed last month and will give us an update on monetary policy.
6-13-2022 Newshound Guru Samson Article: "New details about the upcoming framework meeting.. Al-Sadr's negotiating committee to reverse the resignations". Quote: "the meeting that will be held by the leaders of the framework, will discuss a number of proposals to solve the political crisis, including the formation of a committee whose mission is to discuss with the leader of the Sadrist movement, Muqtada al-Sadr, to reverse the decision to withdraw."
6-13-2022 Intel Guru MarkZ [via PDK] I am still being leaned on to not share specifics of who is where for security...there are certain timing things I am still being asked not to share. Does any of this decide our timing…I don’t think so…but I will keep playing their game because we are seeing progress. News from Iraq is up and down…lot of conflicting article about Sadr, the blocs etc...let it play out. It should all come together in the next 24-48 hours.
6-13-2022 Newshound Guru Tivon Maybe because they also have customs and the borders under full control which adds to theirs revenues? Because now that the Food Security Law basically covers the local market where the governorates can subsidize products and sell them cheaper to the citizens materials will not be affected if the change the exchange rate because what did Mazhar Saleh state? That the hard currency reserves will protect Iraq against any future inflation... [Post 2 of 2]
6-13-2022 Newshound Guru Tivon Article: "The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a breakthrough?" Why would this particular guy figure now is the time to seize the opportunity to correct the exchange rate of the Iraqi Dinar? Maybe because the hard currency reserves is approaching full coverage of the dinar? Maybe because Baghdad now has the oil contracts in the "Food Security Law"...? [Post 1 of 2....stay tuned]
6-13-2022 Intel Guru Frank26 Where we used to be miles away IMO we are now inches away. Not so much from an announcement of a new exchange rate but of an announcement from these [new ATM] machines.
6-13-2022 Newshound Guru Militiaman Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" The resignation of the largest bloc puts Kahdimi and Saleh in office for an additional two years. They’ll from the looks of it dissolve parliament. That move takes away the immunity for those that have committed corruption against the state.. Sets up the stage for early elections and finishing up 2 years of power for Kahdimi at the helm as Prime Minister...I imagine this next week is going to be eventful lol
6-13-2022 Intel Guru MarkZ [via PDK] [I want to hear from MarkZ why 70 percent of the legislators in Iraq all at once up and resigned!] ...It was their intention to force the government to be sat…this is not a negative…it’s a gigantic positive…they are forcing a conclusion to all the gridlock... they are moving quickly to a culmination of events. With the bloc of parliament resigning…no longer have gridlock and they have already paid Iran for their electricity. I think we will see a lot of news out of Iraq in the next few days now that they are off “stuck”.
6-13-2022 Newshound Guru Samson Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" Quote: "The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, approved on Sunday the resignation of the Sadrist bloc's deputies, shortly after a directive issued by al-Sadr to his deputies in this regard."
6-13-2022 Newshound Guru Kaperoni ...as long as Maliki has power there's a chance that nothing's going to happen in Iraq. And it seems to be more and more coming true. He has now pushed Al-Sadr out of the political process. Not good.
6-13-2022 Newshound Guru Sandy Ingram Article: "Iraqi MPs Loyal to Muqtada Al-Sadr Resign" Ok people this is no longer just talk...Iraqi lawmakers loyal to the popular Al-Sadar resigned from parliament in order to break the country's political deadlock...the question now is who will fill these seats. What does the constitution say about empty parliament seats? Will parliament elect a new government by this time next week?
6-13-2022 Guest Guru Zig ...and mentioned that Kuwait 's currency adjusted to a higher value, 3.47 USD... I called my bank, Bank of Hawaii, and they confirmed... So I went with my bills and cashed them in... I had to show my passport with the date when I was in Egypt ... it was my former boss in SA that called about their RI/adjustment then I went through his broker... It went from 0.05 to 3.47 USD... It was just an exchange, no tax. ... There is more to the story...It did happen... [NOTE: Consult your tax professionals at the appropriate time to determine the proper tax for your unique circumstances.] [Post 2 of 2]
6-13-2022 Guest Guru Zig [Kuwaiti Dinar Community Member Story] "...I was working in Riyadh in 1989 for a developer, and Amed, my boss, was telling me of a 'rumor' that Kuwait was planning to 'adjust' their currency... Remember, Iraq was attacking Kuwait 's oil wells... Well with the help of USA & international assistance, adjustments were about to take place... I never heard the RV by name, just an 'adjustment'... Their currency at that time was .05... While there I bought quite a bit of their currency, quite a bit in Riyadh ... I was back in Honolulu around March when my currency broker from the past called me at home... [Post 1 of 2....stay tuned]
6-13-2022 Intel Guru MarkZ [via PDK] I am still being leaned on to not share specifics of who is where for security...there are certain timing things I am still being asked not to share. Does any of this decide our timing…I don’t think so…but I will keep playing their game because we are seeing progress. News from Iraq is up and down…lot of conflicting article about Sadr, the blocs etc...let it play out. It should all come together in the next 24-48 hours.
6-13-2022 Newshound Guru Tivon Maybe because they also have customs and the borders under full control which adds to theirs revenues? Because now that the Food Security Law basically covers the local market where the governorates can subsidize products and sell them cheaper to the citizens materials will not be affected if the change the exchange rate because what did Mazhar Saleh state? That the hard currency reserves will protect Iraq against any future inflation... [Post 2 of 2]
6-13-2022 Newshound Guru Tivon Article: "The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a breakthrough?" Why would this particular guy figure now is the time to seize the opportunity to correct the exchange rate of the Iraqi Dinar? Maybe because the hard currency reserves is approaching full coverage of the dinar? Maybe because Baghdad now has the oil contracts in the "Food Security Law"...? [Post 1 of 2....stay tuned]
6-13-2022 Intel Guru Frank26 Where we used to be miles away IMO we are now inches away. Not so much from an announcement of a new exchange rate but of an announcement from these [new ATM] machines.
6-13-2022 Newshound Guru Militiaman Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" The resignation of the largest bloc puts Kahdimi and Saleh in office for an additional two years. They’ll from the looks of it dissolve parliament. That move takes away the immunity for those that have committed corruption against the state.. Sets up the stage for early elections and finishing up 2 years of power for Kahdimi at the helm as Prime Minister...I imagine this next week is going to be eventful lol
6-13-2022 Intel Guru MarkZ [via PDK] [I want to hear from MarkZ why 70 percent of the legislators in Iraq all at once up and resigned!] ...It was their intention to force the government to be sat…this is not a negative…it’s a gigantic positive…they are forcing a conclusion to all the gridlock... they are moving quickly to a culmination of events. With the bloc of parliament resigning…no longer have gridlock and they have already paid Iran for their electricity. I think we will see a lot of news out of Iraq in the next few days now that they are off “stuck”.
6-13-2022 Newshound Guru Samson Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" Quote: "The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, approved on Sunday the resignation of the Sadrist bloc's deputies, shortly after a directive issued by al-Sadr to his deputies in this regard."
6-13-2022 Newshound Guru Kaperoni ...as long as Maliki has power there's a chance that nothing's going to happen in Iraq. And it seems to be more and more coming true. He has now pushed Al-Sadr out of the political process. Not good.
6-13-2022 Newshound Guru Sandy Ingram Article: "Iraqi MPs Loyal to Muqtada Al-Sadr Resign" Ok people this is no longer just talk...Iraqi lawmakers loyal to the popular Al-Sadar resigned from parliament in order to break the country's political deadlock...the question now is who will fill these seats. What does the constitution say about empty parliament seats? Will parliament elect a new government by this time next week?
6-13-2022 Guest Guru Zig ...and mentioned that Kuwait 's currency adjusted to a higher value, 3.47 USD... I called my bank, Bank of Hawaii, and they confirmed... So I went with my bills and cashed them in... I had to show my passport with the date when I was in Egypt ... it was my former boss in SA that called about their RI/adjustment then I went through his broker... It went from 0.05 to 3.47 USD... It was just an exchange, no tax. ... There is more to the story...It did happen... [NOTE: Consult your tax professionals at the appropriate time to determine the proper tax for your unique circumstances.] [Post 2 of 2]
6-13-2022 Guest Guru Zig [Kuwaiti Dinar Community Member Story] "...I was working in Riyadh in 1989 for a developer, and Amed, my boss, was telling me of a 'rumor' that Kuwait was planning to 'adjust' their currency... Remember, Iraq was attacking Kuwait 's oil wells... Well with the help of USA & international assistance, adjustments were about to take place... I never heard the RV by name, just an 'adjustment'... Their currency at that time was .05... While there I bought quite a bit of their currency, quite a bit in Riyadh ... I was back in Honolulu around March when my currency broker from the past called me at home... [Post 1 of 2....stay tuned]
6-12-2022 Guru Nader From The Mid East Some people asked me how they're going to change their money if they live in the United States? I have not idea because we're not international yet. The banks in the United States doesn't buy because I tried online. I have an account in United States and I try to exchange money...they don't deal with Iraqi dinar or something like that. So I have no idea how you guys gonna do it. I hope banks start accepting it. [Post 2 of 2]
6-12-2022 Guru Nader From The Mid East Some people ask me what happen if lose three zeros...how they're going to change their money or what they're going to give you? If you have 25,000 you'll get twenty five thousand small category. That's normal. If the rate changes 25,000 becomes 75,000. That's correct yes. [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy [Question about Pimpy's 2 year outlook] "Two years to stabilize Iraq's economy? How the hell do you supposed Iraq 's economy stabilizes without a rate change?" ...How do you think it's not going to take two years? I'm saying two years minimum and that's just because the government has to be formed and stabilized, the project to create the private sector have to be started and it's going to take a couple of years for them to even be establish. That's the best case scenario...
6-12-2022 Newshound Guru Samson Article: "The 10 most powerful currencies in the world in terms of currency strength against the dollar" 1 - The Kuwaiti dinar ($3.29)...oil wealth and its presence in the global market... 2 - The Bahraini dinar ($2.65) ...supported by oil products and exports... 3 - The Omani riyal ($2.6)...increase in value due to the success of oil supplies... 4 - The Jordanian dinar ($1.41) 5- The pound sterling ($1.26) 6 - Gibraltar pound ($1.23) 7 - Cayman Islands dollar ($1.2) 8 - Euro ($1.1) 9 - Swiss franc ($1.01) 10 - The US dollar...the first reserve currency in the world...
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...the Iraqi banks have been shown these new small category notes at least 4 times in these meetings this year alone...Also they discussed further study on the hologram and the security strips...They are beyond the presentation... the banks don't have the small category notes, yet. Nor do the ATM machines, yet...Kazemi and Mustafa will know when to do that. [Post 2 of 2]
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...Every time they [The CBI & Banks] have meetings they show them [the NSCN] again but they show the denominations in different colors and they change the colors constantly in the presentation of the samples and specimens. We believe that is very brilliant in order to keep security and counterfeiting down. IOO... [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy There's no military that's going to handle it [dinar exchange]. The only time you ever see the military get involved with the exchange of a currency happened in 2003 in Iraq when they exchanged the old currency for the new currency and it was necessary for the military to be there because at the time Iraq was not stable and didn't have means to protect the money...The country is much much further along today than it was in 2003. But as far as exchange and currency is concerned the military don't need to be involved. Not at all.
6-12-2022 Newshound Guru BobTheTaxMan These have got to be done before the RV. Remember...We can only give $16,000 per person so if we do it after the RV that's only $16,000 dollars that we can give to our heirs or to anybody else...before we have to report it on a gift tax return which goes against the estate. That's why...getting them done before the RV is so important because the value is still small...Make lots and lots of them because it doesn't take just a minute to get these things done. It's important. [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound Guru BobTheTaxMan Gifting assignments... they're simple. You can do them in the middle of the night in your underwear...it's going be really really valuable somewhere down the road. The cool part is you may never need them but if something happens and they drop the [estate tax rate] caps down as far as they say they want...or if the value goes really really high, we've got a problem Houston. You're better off better off to have them and not need them than need them and not have them. [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound/Intel Guru BGG Article: "Al-Maliki’s Coalition: The Food Security Law Is Unconstitutional And Is Nothing More Than A Dead Letter" Kinda’ curious how Maliki’s gang is sooooo spun up about this “Law”. When was the last time you heard these crooks complaining about a “bad law”?? Never seemed to bother them before…
6-12-2022 Guru Nader From The Mid East Some people ask me what happen if lose three zeros...how they're going to change their money or what they're going to give you? If you have 25,000 you'll get twenty five thousand small category. That's normal. If the rate changes 25,000 becomes 75,000. That's correct yes. [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy [Question about Pimpy's 2 year outlook] "Two years to stabilize Iraq's economy? How the hell do you supposed Iraq 's economy stabilizes without a rate change?" ...How do you think it's not going to take two years? I'm saying two years minimum and that's just because the government has to be formed and stabilized, the project to create the private sector have to be started and it's going to take a couple of years for them to even be establish. That's the best case scenario...
6-12-2022 Newshound Guru Samson Article: "The 10 most powerful currencies in the world in terms of currency strength against the dollar" 1 - The Kuwaiti dinar ($3.29)...oil wealth and its presence in the global market... 2 - The Bahraini dinar ($2.65) ...supported by oil products and exports... 3 - The Omani riyal ($2.6)...increase in value due to the success of oil supplies... 4 - The Jordanian dinar ($1.41) 5- The pound sterling ($1.26) 6 - Gibraltar pound ($1.23) 7 - Cayman Islands dollar ($1.2) 8 - Euro ($1.1) 9 - Swiss franc ($1.01) 10 - The US dollar...the first reserve currency in the world...
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...the Iraqi banks have been shown these new small category notes at least 4 times in these meetings this year alone...Also they discussed further study on the hologram and the security strips...They are beyond the presentation... the banks don't have the small category notes, yet. Nor do the ATM machines, yet...Kazemi and Mustafa will know when to do that. [Post 2 of 2]
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...Every time they [The CBI & Banks] have meetings they show them [the NSCN] again but they show the denominations in different colors and they change the colors constantly in the presentation of the samples and specimens. We believe that is very brilliant in order to keep security and counterfeiting down. IOO... [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy There's no military that's going to handle it [dinar exchange]. The only time you ever see the military get involved with the exchange of a currency happened in 2003 in Iraq when they exchanged the old currency for the new currency and it was necessary for the military to be there because at the time Iraq was not stable and didn't have means to protect the money...The country is much much further along today than it was in 2003. But as far as exchange and currency is concerned the military don't need to be involved. Not at all.
6-12-2022 Newshound Guru BobTheTaxMan These have got to be done before the RV. Remember...We can only give $16,000 per person so if we do it after the RV that's only $16,000 dollars that we can give to our heirs or to anybody else...before we have to report it on a gift tax return which goes against the estate. That's why...getting them done before the RV is so important because the value is still small...Make lots and lots of them because it doesn't take just a minute to get these things done. It's important. [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound Guru BobTheTaxMan Gifting assignments... they're simple. You can do them in the middle of the night in your underwear...it's going be really really valuable somewhere down the road. The cool part is you may never need them but if something happens and they drop the [estate tax rate] caps down as far as they say they want...or if the value goes really really high, we've got a problem Houston. You're better off better off to have them and not need them than need them and not have them. [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound/Intel Guru BGG Article: "Al-Maliki’s Coalition: The Food Security Law Is Unconstitutional And Is Nothing More Than A Dead Letter" Kinda’ curious how Maliki’s gang is sooooo spun up about this “Law”. When was the last time you heard these crooks complaining about a “bad law”?? Never seemed to bother them before…
6-11-2022 Newshound Guru Militiaman Article: "The Governor of the Central Bank inspects the work of a number of private banks" Those Private Bank inspections are to make sure all is ready for that launching of something special for the citizens.. I am not lost on the Central Bank of Iraq Governor that brought gifts to the Central Bank of England in London a couple weeks ago..[See Militiaman Post from Yesterday] That was something special. The world knows it as well as you an I..
6-11-2022 Guru Nader From The Mid East Community comment: "When the reinstatement happened it's gonna be redemption centers and it's gonna be army bases." Army have nothing to do with it...You cannot go to any army base and change your dinars...about the redemption center, I don't know how it works over there, I feel like it's not real redemption. They give you more money than the dinar cost? Why? They're gonna lose money just to make people make money? I don't think so.
6-11-2022 Newshound Guru Tivon Article: "A Legal Review Of The Pros And Cons of The Food Security Law" Quote: "Al-Tamimi said that it “will be implemented when it is published in the official Gazette and when it is approved by the President of the Republic.” ...This is for people who assumed a rate was going to pop up as soon as the vote was done. They have to then...follow up with the relevant authorities to implement the FSL. Now that we know they are waiting on the publication and the President of The Republic we can relax and let this play out.
6-11-2022 Newshound Guru Kaperoni ...The new food security law has no new exchange rate...There is no discussion at this time in Iraq about a new currency,..there is no new currency or small denominations coming out in the near future...
6-11-2022 Newshound Guru Pimpy Article: "NATO to Al-Kazemi: Iraq is a pivotal country in the region and the world" We know that there are many countries that are eyeballing Iraq...they are the gateway to the Middle East. There are a lot of countries interesting in getting their claws in on Iraq that's for sure...
6-11-2022 Intel Guru MarkZ [via PDK] The chatter has been phenominal ...banks are reporting much more movement then it has in weeks…probably months...There is a whole lot of chatter...on movement and funds being released over the weekend for the beginning of next week so they have spendable liquid cash...bankers out there being given promises…we will see in about 48 hours or less.
6-11-2022 Newshound Guru Breitling Question: "Are you still looking at a rate of .50 to .60 cents or has that changed with everything that's changed in the world?" I haven't heard anything outside of that. 50 to 60 cent range and then they'll work up to a dollar, a $1.17 actually.
6-11-2022 Newshound Guru Tivon Bottom Line. The FSL is working its magic...Citizens Entitlements was apart of the package. And we already know what comes with that. All of this being done without a seated government or 2022 budget. So how important is it really to the reinstatement if we are on the cusp of receiving everything without one? ...
6-11-2022 Intel Guru Bruce [via WiserNow] ...Iraq – they did what they said they were going to do – yesterday – with their rates and it’s a good opening starting rate in country and internationally – it will probably get up to about 8 in a couple days ok just to let you know – and our rate would be much higher than what we’re talking about as an international rate... remember we have the potential to get the highest rates available at the redemption centers just to let you know...
6-11-2022 Guru Nader From The Mid East A lot of people talk about ATM. We didn't see any ATMs. The ATMs exist already. They're in the banks. You can go to the ATM and get money from it. I don't know what they're saying about ATMS installed everywhere. So what, it's not a big deal....
6-11-2022 Newshound/Intel Guru Mnt Goat On Wednesday, the Iraqi parliament approved the “Emergency Support for Food Security and Development” law...Folks, this law has very little significance on the project to delete the zeros and the reinstatement...I can tell you with 10000000% certainty the new RV rate is NOT in this new food security law...
6-11-2022 Guru Nader From The Mid East Community comment: "When the reinstatement happened it's gonna be redemption centers and it's gonna be army bases." Army have nothing to do with it...You cannot go to any army base and change your dinars...about the redemption center, I don't know how it works over there, I feel like it's not real redemption. They give you more money than the dinar cost? Why? They're gonna lose money just to make people make money? I don't think so.
6-11-2022 Newshound Guru Tivon Article: "A Legal Review Of The Pros And Cons of The Food Security Law" Quote: "Al-Tamimi said that it “will be implemented when it is published in the official Gazette and when it is approved by the President of the Republic.” ...This is for people who assumed a rate was going to pop up as soon as the vote was done. They have to then...follow up with the relevant authorities to implement the FSL. Now that we know they are waiting on the publication and the President of The Republic we can relax and let this play out.
6-11-2022 Newshound Guru Kaperoni ...The new food security law has no new exchange rate...There is no discussion at this time in Iraq about a new currency,..there is no new currency or small denominations coming out in the near future...
6-11-2022 Newshound Guru Pimpy Article: "NATO to Al-Kazemi: Iraq is a pivotal country in the region and the world" We know that there are many countries that are eyeballing Iraq...they are the gateway to the Middle East. There are a lot of countries interesting in getting their claws in on Iraq that's for sure...
6-11-2022 Intel Guru MarkZ [via PDK] The chatter has been phenominal ...banks are reporting much more movement then it has in weeks…probably months...There is a whole lot of chatter...on movement and funds being released over the weekend for the beginning of next week so they have spendable liquid cash...bankers out there being given promises…we will see in about 48 hours or less.
6-11-2022 Newshound Guru Breitling Question: "Are you still looking at a rate of .50 to .60 cents or has that changed with everything that's changed in the world?" I haven't heard anything outside of that. 50 to 60 cent range and then they'll work up to a dollar, a $1.17 actually.
6-11-2022 Newshound Guru Tivon Bottom Line. The FSL is working its magic...Citizens Entitlements was apart of the package. And we already know what comes with that. All of this being done without a seated government or 2022 budget. So how important is it really to the reinstatement if we are on the cusp of receiving everything without one? ...
6-11-2022 Intel Guru Bruce [via WiserNow] ...Iraq – they did what they said they were going to do – yesterday – with their rates and it’s a good opening starting rate in country and internationally – it will probably get up to about 8 in a couple days ok just to let you know – and our rate would be much higher than what we’re talking about as an international rate... remember we have the potential to get the highest rates available at the redemption centers just to let you know...
6-11-2022 Guru Nader From The Mid East A lot of people talk about ATM. We didn't see any ATMs. The ATMs exist already. They're in the banks. You can go to the ATM and get money from it. I don't know what they're saying about ATMS installed everywhere. So what, it's not a big deal....
6-11-2022 Newshound/Intel Guru Mnt Goat On Wednesday, the Iraqi parliament approved the “Emergency Support for Food Security and Development” law...Folks, this law has very little significance on the project to delete the zeros and the reinstatement...I can tell you with 10000000% certainty the new RV rate is NOT in this new food security law...
6-10-2022 Newshound Guru Pimpy Iraq is sitting on the brink of all-out civil war. Tensions are rising. Protesters are gathering. There has been assassination attempts. There has been terrorist attacks. If you're... hoping the rate change is going to happen this year - It's not going to happen...it's going to take at least two years and that is if they magically got their government formed, passed the budget and continued expanding on the private and public sectors as well as developing their agriculture...instead we have a stalemate...
6-10-2022 Intel Guru MarkZ [via PDK] What I hear from redemption center folks is they are not working this weekend. They have great hopes moving into next week…At many locations they were training with real currency this week in preparation…This was the first time for many of the employees. News out of Iraq continues to be upbeat...Maybe we will see something big over the weekend... Maybe they will give us a trigger event. ...I don’t anticipate any delays…. I don’t see them kicking the can at all....I think we are in a good place.
6-10-2022 Intel Guru Bruce [via WiserNow] ...Saturday – Sunday and Monday are looking very strong for us for our notifications... and set our appointments for very early next week... this is coming from two very good sources one of which is a Wells Fargo source...what is really interesting ...bank tellers are to be chosen – 6 tellers per location – per bank branch – to be brought up to speed in the next 2 days Friday Saturday on the currencies ...Now – that is really good news...
6-10-2022 Newshound Guru Clare Article: "The Governor of the Central Bank inspects the work of a number of private banks" EXCELLENT!!!... GETTING THINGS READY IMO
6-10-2022 Guru Nader From The Mid East Now I told you it's not going to have nothing to do with the exchange rate. The budget we're waiting for to pass. I think it's gonna help but also I think have nothing to do with the exchange rate too. It's gonna be a little time for exchange to change. We don't know when...Everybody's waiting. I'm waiting too...the exchange goes on I'm out of here...I might go to the United States, Europe, I don't know. [Post 2 of 2]
6-10-2022 Guru Nader From The Mid East They passed the Food Security Law...on TV...politicians coming out and say the Food Security law it's against the people of Iraq...They did that to steal the money...I don't think so. This [money] is gonna go through a lot of good things...some of it's gonna be stolen of course...but I think 90% of it's gonna...make the electricity better, make the water better, make a lot of things better than before. [Post 1 of 2....stay tuned]
6-10-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Community Question: Mr C said RV occurs when all banks are closed, so that means Saturday night. May be this coming weekend! MIKE COTTRELL: the question above asks if the RV can go only on a Saturday night when all banks were closed… That was the plan years ago…around 2008- 2010 to 2013…once the gold treaty was signed the execution can happen at any time day of night… But, the primary time would be late at night between 11PM to 3 AM est before London markets open. MARKZ: They have told us in the past that...They wanted a 3 day weekend, but that may not be necessary now that the banking systems have improved so much…. I also think the technology has advanced enough it could go at any time...
6-10-2022 Newshound Guru Militiaman ...Cat is out of the bag.. It has been now for about two weeks...They gift the Bank of England what looks to be like the NSCNs...This presentation is an epic one. It shows...the world that Iraq is ready to open for business....The sovereignty of a country is proclaimed by this action. We now watch the roll out to the international markets. That packet of currency in varying sizes and colors represents a new system that is being presented....One with a new value...The action represents, " The People of Iraq and her sovereignty." [See photo below]
6-10-2022 Intel Guru MarkZ [via PDK] What I hear from redemption center folks is they are not working this weekend. They have great hopes moving into next week…At many locations they were training with real currency this week in preparation…This was the first time for many of the employees. News out of Iraq continues to be upbeat...Maybe we will see something big over the weekend... Maybe they will give us a trigger event. ...I don’t anticipate any delays…. I don’t see them kicking the can at all....I think we are in a good place.
6-10-2022 Intel Guru Bruce [via WiserNow] ...Saturday – Sunday and Monday are looking very strong for us for our notifications... and set our appointments for very early next week... this is coming from two very good sources one of which is a Wells Fargo source...what is really interesting ...bank tellers are to be chosen – 6 tellers per location – per bank branch – to be brought up to speed in the next 2 days Friday Saturday on the currencies ...Now – that is really good news...
6-10-2022 Newshound Guru Clare Article: "The Governor of the Central Bank inspects the work of a number of private banks" EXCELLENT!!!... GETTING THINGS READY IMO
6-10-2022 Guru Nader From The Mid East Now I told you it's not going to have nothing to do with the exchange rate. The budget we're waiting for to pass. I think it's gonna help but also I think have nothing to do with the exchange rate too. It's gonna be a little time for exchange to change. We don't know when...Everybody's waiting. I'm waiting too...the exchange goes on I'm out of here...I might go to the United States, Europe, I don't know. [Post 2 of 2]
6-10-2022 Guru Nader From The Mid East They passed the Food Security Law...on TV...politicians coming out and say the Food Security law it's against the people of Iraq...They did that to steal the money...I don't think so. This [money] is gonna go through a lot of good things...some of it's gonna be stolen of course...but I think 90% of it's gonna...make the electricity better, make the water better, make a lot of things better than before. [Post 1 of 2....stay tuned]
6-10-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Community Question: Mr C said RV occurs when all banks are closed, so that means Saturday night. May be this coming weekend! MIKE COTTRELL: the question above asks if the RV can go only on a Saturday night when all banks were closed… That was the plan years ago…around 2008- 2010 to 2013…once the gold treaty was signed the execution can happen at any time day of night… But, the primary time would be late at night between 11PM to 3 AM est before London markets open. MARKZ: They have told us in the past that...They wanted a 3 day weekend, but that may not be necessary now that the banking systems have improved so much…. I also think the technology has advanced enough it could go at any time...
6-10-2022 Newshound Guru Militiaman ...Cat is out of the bag.. It has been now for about two weeks...They gift the Bank of England what looks to be like the NSCNs...This presentation is an epic one. It shows...the world that Iraq is ready to open for business....The sovereignty of a country is proclaimed by this action. We now watch the roll out to the international markets. That packet of currency in varying sizes and colors represents a new system that is being presented....One with a new value...The action represents, " The People of Iraq and her sovereignty." [See photo below]
6-10-2022 Newshound Guru Tivon The HCL/Oil & Gas is the bottom line for everything that will fuel their economy...they can go this entire year if they wanted (Doubt They Do) without budget simply because "Purchasing Power" by default will come from THE HCL/NGO...Saleh said in an interview with Shafak News Agency; "The rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability..." He didn't say a budget caused this. The reserves did. Which the FSL has access to in order to produce purchasing power for the citizens.
6-10-2022 Intel Guru Frank26 [Reference to Walkingsticks new CBI articles coming out post below] [Here's] the very first of the articles that are going to be coming out IMO. Article: "The governor of the Central Bank Inspects the works of a number of private banks." Ready...Set...Go!!! ...Take note that the pictures have been removed.
6-10-2022 Newshound Guru Pimpy That is awesome they got the Food Security Law passed. There's going to be some necessary funding taking place. The people are going to receive more money...I like the idea of the 'green papers' - Iraq has to go back to exporting agriculture not importing it...Iraq is in a good position if it could just form the right government and the government continue these reform papers and they stay on track...I'm telling you within 2 years you're gonna see some huge changes in Iraq...
6-10-2022 Intel Guru MarkZ [via PDK] I have one banking contact for years that had told me I was crazy …just told me “Guess what they are training us to do this week? They are training us to verify Vietnamese Dong and Iraqi dinar” This is from a low level banking person who thought I was crazy for believing all this stuff…I thought that was great news.
6-10-2022 Newshound Guru Walkingstick [via Frank26] All of this will be coming from the CBI IOO, the Ministry of Finance and the Ministry of Planning along with the input from the Iraqi stock exchange, the Erbil Stock Exchange. Extremely detailed articles in their form to be released. We are still waiting on the timeline...we don't know when this opinion will be coming forth... [Post 2 of 2]
6-10-2022 Newshound Guru Walkingstick [via Frank26] IOO there are a series of articles drafted, ready...regarding the new small category notes, the new exchange rate of the dinar, the new colors of the denominations and the detentions of all the denominations. Articles regarding the new ATMs that are being introduced right now will explain the full capacities and what they will offer the citizens of Iraq. [Post 1 of 2....stay tuned]
6-10-2022 Intel Guru Frank26 [Reference to Walkingsticks new CBI articles coming out post below] [Here's] the very first of the articles that are going to be coming out IMO. Article: "The governor of the Central Bank Inspects the works of a number of private banks." Ready...Set...Go!!! ...Take note that the pictures have been removed.
6-10-2022 Newshound Guru Pimpy That is awesome they got the Food Security Law passed. There's going to be some necessary funding taking place. The people are going to receive more money...I like the idea of the 'green papers' - Iraq has to go back to exporting agriculture not importing it...Iraq is in a good position if it could just form the right government and the government continue these reform papers and they stay on track...I'm telling you within 2 years you're gonna see some huge changes in Iraq...
6-10-2022 Intel Guru MarkZ [via PDK] I have one banking contact for years that had told me I was crazy …just told me “Guess what they are training us to do this week? They are training us to verify Vietnamese Dong and Iraqi dinar” This is from a low level banking person who thought I was crazy for believing all this stuff…I thought that was great news.
6-10-2022 Newshound Guru Walkingstick [via Frank26] All of this will be coming from the CBI IOO, the Ministry of Finance and the Ministry of Planning along with the input from the Iraqi stock exchange, the Erbil Stock Exchange. Extremely detailed articles in their form to be released. We are still waiting on the timeline...we don't know when this opinion will be coming forth... [Post 2 of 2]
6-10-2022 Newshound Guru Walkingstick [via Frank26] IOO there are a series of articles drafted, ready...regarding the new small category notes, the new exchange rate of the dinar, the new colors of the denominations and the detentions of all the denominations. Articles regarding the new ATMs that are being introduced right now will explain the full capacities and what they will offer the citizens of Iraq. [Post 1 of 2....stay tuned]
6-9-2022 Intel Guru Frank26 They are not wasting time. They are going about their business and bringing forth the monetary reform. Because ...as far as I'm concerned the economic reform is well lubricated, well functioning. You can look to the people who are pouring into Iraq. Travel agencies, all these banks, Iran for crying out loud. Not coming to invade but, 'can we talk?' ...this is wonderful...
6-9-2022 Intel Guru MarkZ [via PDK] From Iraq I was told to expect the new rate sometime in the next 8 days. I heard this from a number of contacts in Iraq…one of these is in the Ministry of Finance...So I am very hopeful.
6-9-2022 Newshound Guru Militiaman they voted on the FSL and passed it and they apparently stated they were to place sums into accounts awaiting a mechanism to distribute amounts allocated once passed...the ball is in motion and nothing is stopping it.. Imo... Looking forward to the next move..
6-9-2022 Newshound Guru Tivon Article Quote: "Quote: The First Deputy Speaker of the House of Representatives Hakim Al-Zamili, on Wednesday, blessed the Iraqi people to vote on the “Emergency Support for Food Security” law," let's allow this guy to do his job. Today was about the vote, not necessarily the rate. We got that now. Let's look for the other part. Hakim, take it away maestro.
6-9-2022 Newshound Guru Pimpy Article: "The Iraqi parliament votes on the "Food Security" law and enters its legislative recess" ...As ambitious as this sounds are they able to do this considering the Supreme Court continues to interfere with the government's work? ...This has been voted on. It absolutely has been passed which is awesome. This is great for the Iraqi people...Let's see if...the Supreme Court interferes at all...
6-9-2022 Newshound Guru Samson Article: "World Gold: Iraq ranked 40th, with 96.4 tons of yellow metal” Quote: "Iraq has maintained its global position, indicating that its gold reserves represent 9.2% of the rest of its other reserves."
6-9-2022 Newshound Guru Walkingstick [via Frank26] ...These CBI meetings that they have been having with the IMF they showed the 'colors' to the banks...they showed what is called specimens and samples. They showed these 6 denominations to our bank friends in black and white. They did not match the colors to the denominations as they will come out officially. IMO this was due to the combination of Kazemi and Mustafa to keep the security of the new small category notes sealed and tight...the last thing the CBI needs is counterfeit...
6-9-2022 Intel Guru MarkZ [via PDK] ...I am still being asked to be quiet about certain banking things…who is going what, where, when. Nothing that could affect timing...But the chatter is great. A lot from the banking side…getting great chatter out of Iraq but have seen nothing spendable yet. We will keep watching until we can see through all the smoke…It’s very smokey this morning. Since I am not quite sure about some things to share…I’m going to wait …but my phone was lighting up last night. An overwhelming amount of chatter.
6-9-2022 Newshound Guru Godlover Community comment "So Publish Food Security Law in Gazette first then RATE Change or Visa Versa!" I do not think this FSL has a new rate, but I do think it gives the current government an avenue (resources) to change the exchange rate. This law is going to jump start the private sector aka the citizen sector.
6-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's on the bottom of the ticker on the news that the CBI's willingness to go international. Banking sector will enhance Iraq's economic situation. FRANK: Yeah, but it's going to enhance your monetary for your economic.
6-9-2022 Newshound/Intel Guru Mnt Goat The QMF system still maintains a $6+ IQD rate. Just remember they can still change the rate prior to going live and us going to the bank. We know they tend to run the new QMF currency valuation system every week and so if oil should suddenly take a dive (which I do not think it will) we could see a drop in the rate. After post-RV and Reinstatement to FOREX the IQD will most likely settle down around a $3+ rate and not over $4. I would be surprised if it did come out initially at $6+. Just saying this based on my own knowledge of this beast over the last two decades we have been following it.
6-9-2022 Intel Guru MarkZ [via PDK] From Iraq I was told to expect the new rate sometime in the next 8 days. I heard this from a number of contacts in Iraq…one of these is in the Ministry of Finance...So I am very hopeful.
6-9-2022 Newshound Guru Militiaman they voted on the FSL and passed it and they apparently stated they were to place sums into accounts awaiting a mechanism to distribute amounts allocated once passed...the ball is in motion and nothing is stopping it.. Imo... Looking forward to the next move..
6-9-2022 Newshound Guru Tivon Article Quote: "Quote: The First Deputy Speaker of the House of Representatives Hakim Al-Zamili, on Wednesday, blessed the Iraqi people to vote on the “Emergency Support for Food Security” law," let's allow this guy to do his job. Today was about the vote, not necessarily the rate. We got that now. Let's look for the other part. Hakim, take it away maestro.
6-9-2022 Newshound Guru Pimpy Article: "The Iraqi parliament votes on the "Food Security" law and enters its legislative recess" ...As ambitious as this sounds are they able to do this considering the Supreme Court continues to interfere with the government's work? ...This has been voted on. It absolutely has been passed which is awesome. This is great for the Iraqi people...Let's see if...the Supreme Court interferes at all...
6-9-2022 Newshound Guru Samson Article: "World Gold: Iraq ranked 40th, with 96.4 tons of yellow metal” Quote: "Iraq has maintained its global position, indicating that its gold reserves represent 9.2% of the rest of its other reserves."
6-9-2022 Newshound Guru Walkingstick [via Frank26] ...These CBI meetings that they have been having with the IMF they showed the 'colors' to the banks...they showed what is called specimens and samples. They showed these 6 denominations to our bank friends in black and white. They did not match the colors to the denominations as they will come out officially. IMO this was due to the combination of Kazemi and Mustafa to keep the security of the new small category notes sealed and tight...the last thing the CBI needs is counterfeit...
6-9-2022 Intel Guru MarkZ [via PDK] ...I am still being asked to be quiet about certain banking things…who is going what, where, when. Nothing that could affect timing...But the chatter is great. A lot from the banking side…getting great chatter out of Iraq but have seen nothing spendable yet. We will keep watching until we can see through all the smoke…It’s very smokey this morning. Since I am not quite sure about some things to share…I’m going to wait …but my phone was lighting up last night. An overwhelming amount of chatter.
6-9-2022 Newshound Guru Godlover Community comment "So Publish Food Security Law in Gazette first then RATE Change or Visa Versa!" I do not think this FSL has a new rate, but I do think it gives the current government an avenue (resources) to change the exchange rate. This law is going to jump start the private sector aka the citizen sector.
6-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's on the bottom of the ticker on the news that the CBI's willingness to go international. Banking sector will enhance Iraq's economic situation. FRANK: Yeah, but it's going to enhance your monetary for your economic.
6-9-2022 Newshound/Intel Guru Mnt Goat The QMF system still maintains a $6+ IQD rate. Just remember they can still change the rate prior to going live and us going to the bank. We know they tend to run the new QMF currency valuation system every week and so if oil should suddenly take a dive (which I do not think it will) we could see a drop in the rate. After post-RV and Reinstatement to FOREX the IQD will most likely settle down around a $3+ rate and not over $4. I would be surprised if it did come out initially at $6+. Just saying this based on my own knowledge of this beast over the last two decades we have been following it.
6-8-2022 Newshound Guru Walkingstick [via Frank26] Why new [ATM] machines? New rate. New small category notes. When will they be activated? It is a predetermined date...it is solid of when they are going to open these new ATM machines. That date has not been given out to the banks but the banks were told there is a solid date of when they are going to open up these machines.
6-8-2022 Intel Guru MarkZ (via PDK) The Food Security Law passed today. Article: “The Iraqi Parliament passes emergency draft law on food security” This is enormous and they have now ended this parliamentary session. I am told they will reconvene in order to seat the government …I can tell you they are prepared and ready….
6-8-2022 Newshound Guru CharlieOK Article: "Iraq’s parliament passes emergency food bill" So, in the context of history, Sadr's brilliant strategy has paid off. The MAJORITY of Parliament voted today to enact a Food Law. For it to be reported that the so called Food Law passed, it would have to pass by a majority as defined by the corrupt Federal Court.
6-8-2022 Newshound Guru Militiaman Lets see if the EFSL, 2022 Budget, Automation at the borders with taxation, GOI sorted, Social Security and exchange rate fall into place all at once or even sequentially once the vote is done. They told us the sum would be available once voted on. That will require an international calculation to be applied to level the playing field internally and externally. imo [Post 2 of 2]
6-8-2022 Newshound Guru MilitiaMan [Response To Guru Tivon below] You nailed it Tivon...Indeed all are awaiting the sum of the new exchange rate that will populate the CBIs spread sheet...They have set the Date for the EFSL for tomorrow [Wednesday]. The last day of the present parliamentary session. Why take it out to the last minute? Strategic play. Can't let the cat out of the bag until it is show time. [Post 1 of 2....stay tuned]
6-8-2022 Guru Nader From The Mid East I want everybody to not be surprised if tomorrow [today] they vote yes for the Food Security but will not be any exchange rate in it...I'm certain have nothing to do with it...People who knows said this have nothing to do with the exchange rate. Everybody be patient. Something is coming up soon. We don't know what it is.
6-8-2022 Intel Guru Bruce [via WiserNow] we did get word that Iraq was going to put out their rate – we got this directly from Iraq – they were going to put out their rate on Wednesday [the 8th] ... I don’t think we’re going to see it until it is ready for us to know that...so we will see if that occurs...I am excited that we should be able to go hopefully we get our notifications tomorrow [Wednesday]...we can set our appointments and start tomorrow...The redemption centers across the United States have all received clearance to stay open till 10:30 PM... I would say we are as close as we’ve ever been but I really believe that we should be moving forward very soon...
6-8-2022 Newshound Guru Pimpy People are starting to rise up. Who do you think is going to feel the pressure the most? Do you think the Coordinating Framework gives a crap about what people do when they rise up verses Sadr who's more for the people? I'm curious to see in this game of chicken who it is it's going to flinch. I don't think Sadr is going to flinch...
6-8-2022 Intel Guru MarkZ [via PDK] I am being pressured a good bit to NOT discuss timing and what is going on in certain places…Chatter is still great and there is a lot going on in Iraq. They are still behind closed doors in big meetings trying to pound out the last of the agreements with the Kurdish regions and the Food Security Law. My last update is the vote may not happen until tomorrow. I am told they are making great progress from sources in Iraq.
6-8-2022 Newshound Guru Tivon The Oil Contracts, The Oil & Gas Law, The Border Ports, Taxes & Tariffs, Land & Border Ports, The HCL/NGO, The Private Sector, Retirement & Social, Security, Currency Auction Fraud, Electricity Sector, Export Revenues, Agriculture, Gold Reserves, Oil Surplus, Social Welfare, Ration Card, Private Sector...the list above is the main objective of the "Food Security Law"...The E.F.S.L...is where the "Purchasing Power" will come from...everything we wanted done for the past 10-15 years is being done under the guise of food security.
6-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're saying its [The CBI's] talks yesterday with Central banks of Egypt...showed Iraq wants to do what's best for the Iraqi citizens, to give us our purchasing power, to send our currency outside of our boarders to float. FRANK: You know very well what's going on and they're about to show it to you. Heck they're showing it to every bank in the world.
6-8-2022 Newshound/Intel Guru Mnt Goat ...we know the Central Bank of Iraq (CBI) is posed to go ahead with the project to delete the zeros. They only look forward to having a stable government in place to begin it. We know this event is followed by the FOREX reinstatement and so we are concerned about both events. At the conclusion of which we go to the bank to exchange. Oh boy……!!!!
6-8-2022 Intel Guru MarkZ (via PDK) The Food Security Law passed today. Article: “The Iraqi Parliament passes emergency draft law on food security” This is enormous and they have now ended this parliamentary session. I am told they will reconvene in order to seat the government …I can tell you they are prepared and ready….
6-8-2022 Newshound Guru CharlieOK Article: "Iraq’s parliament passes emergency food bill" So, in the context of history, Sadr's brilliant strategy has paid off. The MAJORITY of Parliament voted today to enact a Food Law. For it to be reported that the so called Food Law passed, it would have to pass by a majority as defined by the corrupt Federal Court.
6-8-2022 Newshound Guru Militiaman Lets see if the EFSL, 2022 Budget, Automation at the borders with taxation, GOI sorted, Social Security and exchange rate fall into place all at once or even sequentially once the vote is done. They told us the sum would be available once voted on. That will require an international calculation to be applied to level the playing field internally and externally. imo [Post 2 of 2]
6-8-2022 Newshound Guru MilitiaMan [Response To Guru Tivon below] You nailed it Tivon...Indeed all are awaiting the sum of the new exchange rate that will populate the CBIs spread sheet...They have set the Date for the EFSL for tomorrow [Wednesday]. The last day of the present parliamentary session. Why take it out to the last minute? Strategic play. Can't let the cat out of the bag until it is show time. [Post 1 of 2....stay tuned]
6-8-2022 Guru Nader From The Mid East I want everybody to not be surprised if tomorrow [today] they vote yes for the Food Security but will not be any exchange rate in it...I'm certain have nothing to do with it...People who knows said this have nothing to do with the exchange rate. Everybody be patient. Something is coming up soon. We don't know what it is.
6-8-2022 Intel Guru Bruce [via WiserNow] we did get word that Iraq was going to put out their rate – we got this directly from Iraq – they were going to put out their rate on Wednesday [the 8th] ... I don’t think we’re going to see it until it is ready for us to know that...so we will see if that occurs...I am excited that we should be able to go hopefully we get our notifications tomorrow [Wednesday]...we can set our appointments and start tomorrow...The redemption centers across the United States have all received clearance to stay open till 10:30 PM... I would say we are as close as we’ve ever been but I really believe that we should be moving forward very soon...
6-8-2022 Newshound Guru Pimpy People are starting to rise up. Who do you think is going to feel the pressure the most? Do you think the Coordinating Framework gives a crap about what people do when they rise up verses Sadr who's more for the people? I'm curious to see in this game of chicken who it is it's going to flinch. I don't think Sadr is going to flinch...
6-8-2022 Intel Guru MarkZ [via PDK] I am being pressured a good bit to NOT discuss timing and what is going on in certain places…Chatter is still great and there is a lot going on in Iraq. They are still behind closed doors in big meetings trying to pound out the last of the agreements with the Kurdish regions and the Food Security Law. My last update is the vote may not happen until tomorrow. I am told they are making great progress from sources in Iraq.
6-8-2022 Newshound Guru Tivon The Oil Contracts, The Oil & Gas Law, The Border Ports, Taxes & Tariffs, Land & Border Ports, The HCL/NGO, The Private Sector, Retirement & Social, Security, Currency Auction Fraud, Electricity Sector, Export Revenues, Agriculture, Gold Reserves, Oil Surplus, Social Welfare, Ration Card, Private Sector...the list above is the main objective of the "Food Security Law"...The E.F.S.L...is where the "Purchasing Power" will come from...everything we wanted done for the past 10-15 years is being done under the guise of food security.
6-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're saying its [The CBI's] talks yesterday with Central banks of Egypt...showed Iraq wants to do what's best for the Iraqi citizens, to give us our purchasing power, to send our currency outside of our boarders to float. FRANK: You know very well what's going on and they're about to show it to you. Heck they're showing it to every bank in the world.
6-8-2022 Newshound/Intel Guru Mnt Goat ...we know the Central Bank of Iraq (CBI) is posed to go ahead with the project to delete the zeros. They only look forward to having a stable government in place to begin it. We know this event is followed by the FOREX reinstatement and so we are concerned about both events. At the conclusion of which we go to the bank to exchange. Oh boy……!!!!
6-7-2022 Newshound Guru Walkingstick [via Frank26] The CBI is now starting to roll out the newer ATMs inside of Iraq. Once they are online...they will be activated in the international status...with the Visa and MasterCard and ration cards...presented to the citizens of Iraq...the Visa and MasterCard equal an activation of the ATM machines and it means a new rate is included in it.
6-7-2022 Intel Guru MarkZ [via PDK] ...in Iraq – tomorrow they are calling for a vote on the Food Security Law. I am being told they agreed on increases in payments to the Kurdish region…and they will move forward with that vote on Wednesday. I was told to watch things heat up in Iraq on the 8th in both the government side and the food security vote side. So I am excited about seeing it trending in their news over there right now.
6-7-2022 Newshound Guru Godlover Wed is their last chance to vote on the FSL, with their recess beginning on the following Thursday. Will they extend their session? This seems pointless to me. Why extend their working session when they are not even doing their job in the first place...To postpone until they return after recess, would be another crime to their citizens. Seems to be in our & their best interest, to pass it by this Wed.
6-7-2022 Newshound Guru Tivon Do you all know the importance and implications as to how vital the oil contracts moving from Kurdistan to Baghdad is to the HCL/Oil & Gas which is the backbone to the "Purchasing Power" the citizens have been asking for? What did we all state so many times as to how "Citizens Entitlements" is included in the Food Security Law? To be honest with you I would not be surprised if a rate came out next week. This FSL is the real deal people.
6-7-2022 Newshound Guru BobTheTaxMan If you have more than that then you need to consider some plans to reduce that taxable estate. If the RV is more than 1 to 1 then you still have an estate problem depending upon the new value. If you've got less than 5 million IQD then there's not much to worry about. If you've got more than 5 million then some planning needs to be put in play... [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru BobTheTaxMan Because our estate [taxes] situation is considered a fluid minefield. It's not like ordinary income - you know we cash in our IQD, we pay taxes on it. Fine. Hunky dory. - But...this...estate tax...is the monster hiding in the closet...If the RV is 1 to 1 then the first thing to consider is how much IQD you've got on hand...Right now if you have less than 12 million IQD there isn't an immediate threat because the cap...is if you're married, that's 24 [Million]... [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru Pimpy They can't even get a government formed. There is talk of civil war. Foreign investors are curious about who's going to be running the government and what type of government is going to be established before they start investing into the country. All of these things are taken in consideration before an exchange rate can be considered...it isn't just the sale of oil. There's many other factors... [Post 2 of 2]
6-7-2022 Newshound Guru Pimpy I released this video...saying that it was 2 years away at best...the reason for that is this - they have everything Iraq needs to really flourish. They just can't stop getting in their own way. We know they don't have a stable economy. Too much of the economy relies on oil sales. That's not good. We know they don't have a stable government. [Post 1 of 2....stay tuned]
6-7-2022 Newshound Guru Militiaman Article: "Parliamentary directive to expedite the approval of the proposed retirement and social security law for workers" The Food Security Law is now out to the last day of session in Parliament. Not only that but, this Social Security Law is on the table too. No coincidence the Kurds are in town to talk about the HCL...I am fairly sure these items all go hand and glove with what we are looking for...Each of them have rate centricity...they are under immense pressure now.. It is all about the whole of Iraq. Wow! Sadr is all about the people.
6-7-2022 Intel Guru MarkZ [via PDK] Banking side is leaning hard on everyone to shut up on the timing side and on who is coming and going when. It is getting interesting...I think it’s indicative on the timing as to why they are pushing this right now.
6-7-2022 Newshound Guru Tivon Article: "Oil companies in Kurdistan will appear before the Commercial Court in Baghdad next Sunday" My God what an amazing article. The FSL is something to reckon with...The FSL will be doing the monetary heavy lifting. While the Budget acts as a financial portfolio monitoring the revenue performance of all the fields mentioned to be cared for in the FSL. Brilliant, I'll take it.
6-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on TV...he's talking about the CBI's willingness to open channels with the international world. This is exciting for us...because we know exactly what this means for our currency...
6-7-2022 Intel Guru MarkZ [via PDK] We did have news in the real world that S. Vietnam has adjusted its rate by about half a penny to a penny. It doesn’t seem significant but it is.
6-7-2022 Intel Guru MarkZ [via PDK] ...in Iraq – tomorrow they are calling for a vote on the Food Security Law. I am being told they agreed on increases in payments to the Kurdish region…and they will move forward with that vote on Wednesday. I was told to watch things heat up in Iraq on the 8th in both the government side and the food security vote side. So I am excited about seeing it trending in their news over there right now.
6-7-2022 Newshound Guru Godlover Wed is their last chance to vote on the FSL, with their recess beginning on the following Thursday. Will they extend their session? This seems pointless to me. Why extend their working session when they are not even doing their job in the first place...To postpone until they return after recess, would be another crime to their citizens. Seems to be in our & their best interest, to pass it by this Wed.
6-7-2022 Newshound Guru Tivon Do you all know the importance and implications as to how vital the oil contracts moving from Kurdistan to Baghdad is to the HCL/Oil & Gas which is the backbone to the "Purchasing Power" the citizens have been asking for? What did we all state so many times as to how "Citizens Entitlements" is included in the Food Security Law? To be honest with you I would not be surprised if a rate came out next week. This FSL is the real deal people.
6-7-2022 Newshound Guru BobTheTaxMan If you have more than that then you need to consider some plans to reduce that taxable estate. If the RV is more than 1 to 1 then you still have an estate problem depending upon the new value. If you've got less than 5 million IQD then there's not much to worry about. If you've got more than 5 million then some planning needs to be put in play... [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru BobTheTaxMan Because our estate [taxes] situation is considered a fluid minefield. It's not like ordinary income - you know we cash in our IQD, we pay taxes on it. Fine. Hunky dory. - But...this...estate tax...is the monster hiding in the closet...If the RV is 1 to 1 then the first thing to consider is how much IQD you've got on hand...Right now if you have less than 12 million IQD there isn't an immediate threat because the cap...is if you're married, that's 24 [Million]... [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru Pimpy They can't even get a government formed. There is talk of civil war. Foreign investors are curious about who's going to be running the government and what type of government is going to be established before they start investing into the country. All of these things are taken in consideration before an exchange rate can be considered...it isn't just the sale of oil. There's many other factors... [Post 2 of 2]
6-7-2022 Newshound Guru Pimpy I released this video...saying that it was 2 years away at best...the reason for that is this - they have everything Iraq needs to really flourish. They just can't stop getting in their own way. We know they don't have a stable economy. Too much of the economy relies on oil sales. That's not good. We know they don't have a stable government. [Post 1 of 2....stay tuned]
6-7-2022 Newshound Guru Militiaman Article: "Parliamentary directive to expedite the approval of the proposed retirement and social security law for workers" The Food Security Law is now out to the last day of session in Parliament. Not only that but, this Social Security Law is on the table too. No coincidence the Kurds are in town to talk about the HCL...I am fairly sure these items all go hand and glove with what we are looking for...Each of them have rate centricity...they are under immense pressure now.. It is all about the whole of Iraq. Wow! Sadr is all about the people.
6-7-2022 Intel Guru MarkZ [via PDK] Banking side is leaning hard on everyone to shut up on the timing side and on who is coming and going when. It is getting interesting...I think it’s indicative on the timing as to why they are pushing this right now.
6-7-2022 Newshound Guru Tivon Article: "Oil companies in Kurdistan will appear before the Commercial Court in Baghdad next Sunday" My God what an amazing article. The FSL is something to reckon with...The FSL will be doing the monetary heavy lifting. While the Budget acts as a financial portfolio monitoring the revenue performance of all the fields mentioned to be cared for in the FSL. Brilliant, I'll take it.
6-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on TV...he's talking about the CBI's willingness to open channels with the international world. This is exciting for us...because we know exactly what this means for our currency...
6-7-2022 Intel Guru MarkZ [via PDK] We did have news in the real world that S. Vietnam has adjusted its rate by about half a penny to a penny. It doesn’t seem significant but it is.
6-6-2022 Newshound Guru Pimpy Article: "MiB Securities: USD/VND exchange rate may increase slightly in 2022". There's going to be a slight increase in the value of the Vietnam dong compared to the US dollar but it really is small...It's a half to one percent...
6-6-2022 Newshound Guru Sandy Ingram The second, the moment, the microsecond that you earn a profit on your exotic currencies you more than likely will owe taxes... [NOTE: Speak with your tax advisors at the appropriate time to construct the best tax plan for your unique circumstances.]
6-6-2022 Newshound Guru Militiaman I am sure the Central Bank of Egypt has some of those notes now, too. The new ones. The ones that will be relevant once the exchange rate changes...For the CBI to have exposed the colors in England shows intent and the ball is rolling now and it has gained a vast amount of speed...We never witnessed the CBI go to England and give a gift in a photo op like that. [Post 2 of 2]
6-6-2022 Newshound Guru Militiaman Article: "Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside" The CBI was in London recently and had a gift for the Bank of England.. I am fairly sure the gift was not samples of triple zero notes. The man is reaching for his glasses for cryin out load. lol As in what do we have here??? The Look on Mustafa's face is priceless.. "You like the new money?" lol [Post 1 of 2...stay tuned]
6-6-2022 Newshound Guru Breitling Their markets can expand if they expand to China...Guess what Iraq wants to do? They will want China to trade in their own currency and so they have to have the currency up and going to be able to do that. That's the kind of stuff they're looking at. That's why it's kind of hard to predict the day when they're going to do this. But at the same time everybody knows they're going to do it. [Post 2 of 2]
6-6-2022 Newshound Guru Breitling Question: "In general what are we now waiting for? What does Iraq need to do for them to add value to their currency?" They are simply watching the markets. They don't need to do anything. There's no technical thing that they need to do...Iraq is going to have to sit there and watch the energy markets, see who goes where. [Post 1 of 2....stay tuned]
6-6-2022 Intel Guru MarkZ [via PDK] I’m really feeling it this week…but...nobody knows the timing…but there is a tremendous amount of things coming together right now... I am hearing of more movement in the upper echelons of...currency whales where they are trying to squeeze them in. One I know that wasn’t scheduled until Wed. they are trying to get them in today…hope that means something on timing. We heard a lot of positive news from Iraq on the government over the weekend. The kurds are now saying yes to the Kazemi government. That is an enormous hurdle.
6-6-2022 Newshound Guru Tivon Al-Kazemi said last April, for the political forces to vote on the food security law without emptying it of its content in order to serve citizens, as it is a "very important" law, indicating that "the goal of the law is to provide the necessary protection for the Iraqi people." Ask yourself what can protect the citizens? Purchasing Power? That comes from what? The HCL/Oil & Gas. Guess what was brought up earlier this week by Al-Sadr during the session that was adjourned? Citizen Entitlements.
6-6-2022 Newshound Guru Pimpy Article: "The Kurds: Yes, to the Al-Kazemi government" Love this article...they are going to go ahead and make a push for a vote of confidence for Al-Kazemi to continue. I like the idea and I hope it passes.
6-6-2022 Newshound Guru Sandy Ingram The second, the moment, the microsecond that you earn a profit on your exotic currencies you more than likely will owe taxes... [NOTE: Speak with your tax advisors at the appropriate time to construct the best tax plan for your unique circumstances.]
6-6-2022 Newshound Guru Militiaman I am sure the Central Bank of Egypt has some of those notes now, too. The new ones. The ones that will be relevant once the exchange rate changes...For the CBI to have exposed the colors in England shows intent and the ball is rolling now and it has gained a vast amount of speed...We never witnessed the CBI go to England and give a gift in a photo op like that. [Post 2 of 2]
6-6-2022 Newshound Guru Militiaman Article: "Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside" The CBI was in London recently and had a gift for the Bank of England.. I am fairly sure the gift was not samples of triple zero notes. The man is reaching for his glasses for cryin out load. lol As in what do we have here??? The Look on Mustafa's face is priceless.. "You like the new money?" lol [Post 1 of 2...stay tuned]
6-6-2022 Newshound Guru Breitling Their markets can expand if they expand to China...Guess what Iraq wants to do? They will want China to trade in their own currency and so they have to have the currency up and going to be able to do that. That's the kind of stuff they're looking at. That's why it's kind of hard to predict the day when they're going to do this. But at the same time everybody knows they're going to do it. [Post 2 of 2]
6-6-2022 Newshound Guru Breitling Question: "In general what are we now waiting for? What does Iraq need to do for them to add value to their currency?" They are simply watching the markets. They don't need to do anything. There's no technical thing that they need to do...Iraq is going to have to sit there and watch the energy markets, see who goes where. [Post 1 of 2....stay tuned]
6-6-2022 Intel Guru MarkZ [via PDK] I’m really feeling it this week…but...nobody knows the timing…but there is a tremendous amount of things coming together right now... I am hearing of more movement in the upper echelons of...currency whales where they are trying to squeeze them in. One I know that wasn’t scheduled until Wed. they are trying to get them in today…hope that means something on timing. We heard a lot of positive news from Iraq on the government over the weekend. The kurds are now saying yes to the Kazemi government. That is an enormous hurdle.
6-6-2022 Newshound Guru Tivon Al-Kazemi said last April, for the political forces to vote on the food security law without emptying it of its content in order to serve citizens, as it is a "very important" law, indicating that "the goal of the law is to provide the necessary protection for the Iraqi people." Ask yourself what can protect the citizens? Purchasing Power? That comes from what? The HCL/Oil & Gas. Guess what was brought up earlier this week by Al-Sadr during the session that was adjourned? Citizen Entitlements.
6-6-2022 Newshound Guru Pimpy Article: "The Kurds: Yes, to the Al-Kazemi government" Love this article...they are going to go ahead and make a push for a vote of confidence for Al-Kazemi to continue. I like the idea and I hope it passes.
6-5-2022 Newshound Guru Sandy Ingram Article "Airbnb Iraq - An alternative Travel To Mesopotamia" This is the type of news we are looking for because this says Iraq is on track to open its doors to the world...global rental platform airbnb allows host in Iraq to list properties throughout the country local and international visitors can use this rental marketplace when staying in different parts of Iraq...
6-5-2022 Newshound Guru Tivon ...Before they adjourned the parliament session there were laws undisclosed to the public that Al-Sadr was pushing to legislate that are vital to the reinstatement of the Iraq Dinar and Citizens Entitlements which falls under the Emergency Food Security Law...It's too sensitive. Playing it close to the chest is a smart thing until the FSL officially becomes Law next week. We don't even need to wait for the formation of the government because Hakim Al-Zamili Deputy Speaker already said laws will get passes regardless...
6-5-2022 Newshound Guru Kaperoni Yes, the IMF did meet with Iraq last month to do their annual Article IV Consultation. That report once completed will be published on the IMF website for everyone to read.
6-5-2022 Newshound Guru Pimpy Until the government is formed. Until they get in there and pass the budget, till they stabilize the economy, you're not going to see any increase in the Iraqi dinar. Yes I know I'm the bad guy...I don't care about how much money they make off their oil revenues. It absolutely positively makes no difference by itself. You need a combination of things before the Iraqi dinar can increase in value and just because you get an increase in oil sales it doesn't mean crap...
6-5-2022 Newshound Guru Militiaman That 30 day (15+- day left) window that Sadr gave is fast approaching and is like a time bomb ticking for those that are not on board with him...I too am looking for the Finance Train and the Political Train to hit the platforms at the same time, they are congruent imo... can't wait and look forward to an impasse even sooner than that...Pressure can do amazing things on ones mental state. lol.. We shall see.
6-5-2022 Newshound Guru BobTheTaxMan The value of the Iraqi dinar is fixed by the Iraqi government and does not change unless the central bank changes the exchange rate...now that high oil prices are netting Iraq ever more revenue, some observers are considering the idea of strengthening the dinar. [Post 2 of 2]
6-5-2022 Newshound Guru BobTheTaxMan What needs to happen to change the value of the IQD? There are some reasons to be optimistic about the future of the Iraqi economy. With 9% of the world's oil reserves, Iraq has the potential to spring back and establish itself as a stable economy. If it didn't why would we be bothering to even work with it. Why would the U.S. spend so much effort? ... [Post 1 of 1....stay tuned]
6-5-2022 Newshound Guru Walkingstick [via Frank26] ...the dispensing of the cash will be different than before...this process to dispense the currency is called 'note presentation'...some of these notes will be pooled into a dispenser in the ATM machines and they will be withdrawn as a package...called 'bunch presentation'. Others will be presented one note at a time...In order to bring more security, stability and more control of their NSCN...they are going to be dispensing the NSCN in a very unique manner...Mustafa knows where every one of his NSCN will be at. I love it...
6-5-2022 Newshound Guru Tivon People need to really understand how close we are. They told you repeatedly that the Food Security Law is synonymous with the 2022 Budget. Mazhar Saleh told you that there's only two legislative laws that can use the oil surplus or reserves. Which is FSL & The Budget...Because voting on the FSL is equivalent to voting on and opening the 2022 Budget. If they are both synonymous and we know the budget requires a rate change. Wouldn't the same be true for the FSL?
6-5-2022 Intel Guru MarkZ Article: ”MIB Securities: USD/VND exchange rate may increase slightly in 2022” I was excited to see this...even though we are expecting it to be a lot higher. Think about this…an increase of one cent on a million VND would be a profit of $10,000. So you invest $50 bucks and suddenly you have a profit of $10 thousand dollars. Again…we expect much more.
6-5-2022 Newshound Guru Tivon ...Before they adjourned the parliament session there were laws undisclosed to the public that Al-Sadr was pushing to legislate that are vital to the reinstatement of the Iraq Dinar and Citizens Entitlements which falls under the Emergency Food Security Law...It's too sensitive. Playing it close to the chest is a smart thing until the FSL officially becomes Law next week. We don't even need to wait for the formation of the government because Hakim Al-Zamili Deputy Speaker already said laws will get passes regardless...
6-5-2022 Newshound Guru Kaperoni Yes, the IMF did meet with Iraq last month to do their annual Article IV Consultation. That report once completed will be published on the IMF website for everyone to read.
6-5-2022 Newshound Guru Pimpy Until the government is formed. Until they get in there and pass the budget, till they stabilize the economy, you're not going to see any increase in the Iraqi dinar. Yes I know I'm the bad guy...I don't care about how much money they make off their oil revenues. It absolutely positively makes no difference by itself. You need a combination of things before the Iraqi dinar can increase in value and just because you get an increase in oil sales it doesn't mean crap...
6-5-2022 Newshound Guru Militiaman That 30 day (15+- day left) window that Sadr gave is fast approaching and is like a time bomb ticking for those that are not on board with him...I too am looking for the Finance Train and the Political Train to hit the platforms at the same time, they are congruent imo... can't wait and look forward to an impasse even sooner than that...Pressure can do amazing things on ones mental state. lol.. We shall see.
6-5-2022 Newshound Guru BobTheTaxMan The value of the Iraqi dinar is fixed by the Iraqi government and does not change unless the central bank changes the exchange rate...now that high oil prices are netting Iraq ever more revenue, some observers are considering the idea of strengthening the dinar. [Post 2 of 2]
6-5-2022 Newshound Guru BobTheTaxMan What needs to happen to change the value of the IQD? There are some reasons to be optimistic about the future of the Iraqi economy. With 9% of the world's oil reserves, Iraq has the potential to spring back and establish itself as a stable economy. If it didn't why would we be bothering to even work with it. Why would the U.S. spend so much effort? ... [Post 1 of 1....stay tuned]
6-5-2022 Newshound Guru Walkingstick [via Frank26] ...the dispensing of the cash will be different than before...this process to dispense the currency is called 'note presentation'...some of these notes will be pooled into a dispenser in the ATM machines and they will be withdrawn as a package...called 'bunch presentation'. Others will be presented one note at a time...In order to bring more security, stability and more control of their NSCN...they are going to be dispensing the NSCN in a very unique manner...Mustafa knows where every one of his NSCN will be at. I love it...
6-5-2022 Newshound Guru Tivon People need to really understand how close we are. They told you repeatedly that the Food Security Law is synonymous with the 2022 Budget. Mazhar Saleh told you that there's only two legislative laws that can use the oil surplus or reserves. Which is FSL & The Budget...Because voting on the FSL is equivalent to voting on and opening the 2022 Budget. If they are both synonymous and we know the budget requires a rate change. Wouldn't the same be true for the FSL?
6-5-2022 Intel Guru MarkZ Article: ”MIB Securities: USD/VND exchange rate may increase slightly in 2022” I was excited to see this...even though we are expecting it to be a lot higher. Think about this…an increase of one cent on a million VND would be a profit of $10,000. So you invest $50 bucks and suddenly you have a profit of $10 thousand dollars. Again…we expect much more.
6-4-2022 Newshound Guru Samson Article: "Iraq is the second country in the world in economic growth during 2022" Quote: "Statista", a German company specializing in market and consumer data, the Iraqi economy will grow at a rate of 9.5% this year and will rank second in the list after Guyana...In third place comes Kuwait (8.2%), then India (8.2%), followed by Saudi Arabia (7.6%), then Panama (7.5%), Niger (6.9%), then the Philippines (6.5%), Falcongo (6.4%), And then Bangladesh (6.4%)."
6-4-2022 Newshound Guru MilitiaMan Article: "Economist: Iraq Is Able To Revive Its Economy Through A New Road Map" They are clearly telling us they are opening up to the international world. The infrastructure build out will require it and they know. Once the new exchange rate or financial allocation is put in to motion, the flood gates of growth will ensue...the CBI has had a good report from the IMF and World Bank. Their Credit Rating is about imo to increase again. All tell tale signs of what is to come..
6-4-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" I will admit, I am starting to think you are onto something here. I am not convinced easily, but you are doing a good job in doing just that.
Intel Guru MarkZ [via PDK] I’m getting more confirmation of whales traveling this weekend…They are being asked to sign strong NDA”s. Once they sign them we get nothing more out of them. They do not want any leaks on timing. But that they are bringing them in in such numbers with such severe NDA’s has me very hopeful for the very near future…
6-4-2022 Newshound Guru Pimpy Let's be realistic. No government formed. Making it illegal to have a working relationship with Israel. There's no economic stability...People are starting to rise up...Sadr threatening war...right now they are benefiting from high oil prices but...Once the war between Russia and Ukraine ends there's going to be more oil hitting the markets. What's that going to cause? The value of oil to drop...you're not going to see any increase in the Iraqi dinar because of this. [Post 2 of 2]
6-4-2022 Newshound Guru Pimpy People keep asking me IMO how far do I think we are away from a rate change...even if we started getting on track right now, it's going to be at least 2 years...they still have to stabilize everything. Now that's not to say that all of a sudden one day they might make some kind of announcement and lo and behold the rate changed and I was wrong. That's always possibility but I doubt it. [Post 1 of 2....stay tuned]
6-4-2022 Newshound Guru Tivon ArticleL "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" He is basically saying the FSL on its own can cover 85% of everything that the budget of the previous years would have if it was approved including the 2022 Budget... if you don't follow anyone else in this investment besides Al-Kazemi...It's Financial Advisor Mazhar Saleh & Deputy Speaker Hakim Al-Zamili...
6-4-2022 Intel/Newshound Guru RVAlready Oil price is $119.70 per barrel. With Iraq’s low extraction costs, they are raking in the bucks. This means a 2 million barrel supertanker holds about $240,000,000 worth of oil. Nice pocket change. Iraq exports 4.6 million barrels per day, or 2.3 supertankers worth per day, for a daily take of about $550 million per day. A pretty nice haul, at an extraction cost of about 3%. Plenty of profit to go around.
6-4-2022 Intel Guru Bruce [via WiserNow] I’m excited about the information that has come out indicating how everything is basically almost done and ready to go... our notifications could happen over the weekend but – it appears it will be on Monday at noon in every time zone - Let’s see if that holds up...
6-4-2022 Newshound Guru MilitiaMan Article: "Economist: Iraq Is Able To Revive Its Economy Through A New Road Map" They are clearly telling us they are opening up to the international world. The infrastructure build out will require it and they know. Once the new exchange rate or financial allocation is put in to motion, the flood gates of growth will ensue...the CBI has had a good report from the IMF and World Bank. Their Credit Rating is about imo to increase again. All tell tale signs of what is to come..
6-4-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" I will admit, I am starting to think you are onto something here. I am not convinced easily, but you are doing a good job in doing just that.
Intel Guru MarkZ [via PDK] I’m getting more confirmation of whales traveling this weekend…They are being asked to sign strong NDA”s. Once they sign them we get nothing more out of them. They do not want any leaks on timing. But that they are bringing them in in such numbers with such severe NDA’s has me very hopeful for the very near future…
6-4-2022 Newshound Guru Pimpy Let's be realistic. No government formed. Making it illegal to have a working relationship with Israel. There's no economic stability...People are starting to rise up...Sadr threatening war...right now they are benefiting from high oil prices but...Once the war between Russia and Ukraine ends there's going to be more oil hitting the markets. What's that going to cause? The value of oil to drop...you're not going to see any increase in the Iraqi dinar because of this. [Post 2 of 2]
6-4-2022 Newshound Guru Pimpy People keep asking me IMO how far do I think we are away from a rate change...even if we started getting on track right now, it's going to be at least 2 years...they still have to stabilize everything. Now that's not to say that all of a sudden one day they might make some kind of announcement and lo and behold the rate changed and I was wrong. That's always possibility but I doubt it. [Post 1 of 2....stay tuned]
6-4-2022 Newshound Guru Tivon ArticleL "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" He is basically saying the FSL on its own can cover 85% of everything that the budget of the previous years would have if it was approved including the 2022 Budget... if you don't follow anyone else in this investment besides Al-Kazemi...It's Financial Advisor Mazhar Saleh & Deputy Speaker Hakim Al-Zamili...
6-4-2022 Intel/Newshound Guru RVAlready Oil price is $119.70 per barrel. With Iraq’s low extraction costs, they are raking in the bucks. This means a 2 million barrel supertanker holds about $240,000,000 worth of oil. Nice pocket change. Iraq exports 4.6 million barrels per day, or 2.3 supertankers worth per day, for a daily take of about $550 million per day. A pretty nice haul, at an extraction cost of about 3%. Plenty of profit to go around.
6-4-2022 Intel Guru Bruce [via WiserNow] I’m excited about the information that has come out indicating how everything is basically almost done and ready to go... our notifications could happen over the weekend but – it appears it will be on Monday at noon in every time zone - Let’s see if that holds up...
6-3-2022 Intel Guru MarkZ [via PDK] We have had a number of whales being reached out to sign NDA’s before they are even allowed to go to a facility. I received this information from a number of contacts... So quite a bit of movement today in upper echelons…I take this as wonderful news... so maybe this is it? ... Nobody knows the exact timing but we seem to be circling much closer to the “done” spot...I am very encouraged as to what I have been hearing today.
6-3-2022 Newshound Guru BobTheTaxMan When it comes to fruition here's the main things we need to be aware of in order to capitalize on this investment...First of all the IQD is an exotic currency without access to the foreign market. Therefor it's not treated as a capital asset. It's treated as ordinary income and that's really the key right there...we know our IQD investment will be considered ordinary income, not capital gains... [NOTE: At the appropriate time consult your tax professionals to determine the correct tax for your unique exchange strategy.]
6-3-2022 Newshound Guru Kaperoni The truth is Iraq with the assistance of many organizations is trying to build a private sector diverse economy...Can the Iraqi dinar go up in value? Sure can but it takes sound monetary principles, and economic success in order for it to do so...The Iraqi dinar is not some lottery ticket or some random act it is a country's currency. And only with the success and growth of that economy can the dinar ever go up in value. There is no overnight RV!
6-3-2022 Newshound Guru Pimpy Quote: "the International Monetary Fund expected Iraq economy to grow by 9.5 percent this year to be the highest in the Arab world..." ...talk about a rebound. They're at a surplus now...all of the growth is based on sales of oil. That's really bad. I told you Iraq cannot survive just on the sales of its oil. Look what happened in 2020 when prices collapsed. So if you want a stable economy you have to do way better than relying on just oil... [post 2 of 2]
6-3-2022 Newshound Guru Pimpy Article " Iraq is the fastest growing Arab country..Why is this not reflected on the people?" ...There's so much great things happening in Iraq. If the dang government would ever get formed, we can get some cooperation, get a budget passed, then things would be a whole lot better. Iraq is the fastest growing Arab country. Why is this not reflected on the people? Great damn question. [post 1 of 2....stay tuned]
6-3-2022 Newshound Guru Walkingstick [via Frank26] The CBI and Kazemi are not wasting time...ATM machines, the CBI, the IMF all of these meeting we've been telling you about are dealing with the new small category notes with the new exchange rate and now they are dealing with the mechanism to dispensing them, the ATM machines...why do I say this so boldly? Because the governor of the CBI is saying so...
6-3-2022 Newshound Guru Militiaman Throw in the energy card and we have some serious on goings. I like what we are seeing. Quote: "after the law is passed, a breakthrough will occur in the entire political scene, including accelerating the process of forming the government, since the implementation of the details of the food security law will positively affect all areas that affect the citizen." [Post 2 of 2]
6-3-2022 Newshound Guru Militiaman Article: "Zidane discusses with the Deputy Speaker of Parliament cooperation in enacting "important" laws" My view is they tell us clearly what is on the table. The ration card in it's entirety is the food law, the electric it their life blood A/C and Fuel (energy) is the Natural Resource, Oil & Gas Law (NGO) or commonly the HCL...If that is the case, there is good reason to hide those sensitive issues... [Post 1 of 2....stay tuned]
6-3-2022 Intel Guru MarkZ [via PDK] The news has been very quiet as expected. I think that I a good thing….My Reno guys have really clammed up….can’t even get a chirp out of them right now which I think is excellent. There really has been an intel crackdown and they are asking us to be quiet…
6-3-2022 Newshound Guru Samson Article: "Expert: Iraq Gets About 4 Thousand Dollars From Selling Oil Every Second" Quote: "And the rate of revenue per hour amounted to “13.792 million dollars. per minute = 230 thousand dollars...”
6-3-2022 Newshound Guru Tivon I am not even interested in the budget anymore. Especially after I found out they can issue the Oil & Gas Law under "Citizens Entitlements" which is in the FSL. Remember my people the advisor to PM said there are two legislative laws. The FSL/Budget. Both of them have the right to use the financial savings/reserves to serve the citizens.
6-3-2022 Newshound/Intel Guru Mnt Goat ...Technically there is not going to be any revaluation in Iraq. Get it? It is not until you take the older thee zero dinar notes after the dinar is reinstated on FOREX at the rate we are all looking for in exchange for our currency the US dollar, Euro, Canadian dollar, etc, etc, that a significant increase in value is realized... Now we wait for the next step. How will this next chess move begin? [post 2 of 2]
6-3-2022 Newshound/Intel Guru Mnt Goat I will be contacting the CBI soon to get an update on the project to delete the zeros... How will this next chess move begin? ...I believe it will be announcements made to turn in the older, larger three zero notes and a deadline will be given. After that date the banks will no longer accept them. How long will they have I do not know. The rate will be 1:1 and...this does not mean 1:1 meaning one dinar to one dollar... it simply means the current rate of the dinar under the program rate will be the same rate assigned to the newer lower denominations when they come out. [post 1 of 2....stay tuned]
6-3-2022 Newshound Guru BobTheTaxMan When it comes to fruition here's the main things we need to be aware of in order to capitalize on this investment...First of all the IQD is an exotic currency without access to the foreign market. Therefor it's not treated as a capital asset. It's treated as ordinary income and that's really the key right there...we know our IQD investment will be considered ordinary income, not capital gains... [NOTE: At the appropriate time consult your tax professionals to determine the correct tax for your unique exchange strategy.]
6-3-2022 Newshound Guru Kaperoni The truth is Iraq with the assistance of many organizations is trying to build a private sector diverse economy...Can the Iraqi dinar go up in value? Sure can but it takes sound monetary principles, and economic success in order for it to do so...The Iraqi dinar is not some lottery ticket or some random act it is a country's currency. And only with the success and growth of that economy can the dinar ever go up in value. There is no overnight RV!
6-3-2022 Newshound Guru Pimpy Quote: "the International Monetary Fund expected Iraq economy to grow by 9.5 percent this year to be the highest in the Arab world..." ...talk about a rebound. They're at a surplus now...all of the growth is based on sales of oil. That's really bad. I told you Iraq cannot survive just on the sales of its oil. Look what happened in 2020 when prices collapsed. So if you want a stable economy you have to do way better than relying on just oil... [post 2 of 2]
6-3-2022 Newshound Guru Pimpy Article " Iraq is the fastest growing Arab country..Why is this not reflected on the people?" ...There's so much great things happening in Iraq. If the dang government would ever get formed, we can get some cooperation, get a budget passed, then things would be a whole lot better. Iraq is the fastest growing Arab country. Why is this not reflected on the people? Great damn question. [post 1 of 2....stay tuned]
6-3-2022 Newshound Guru Walkingstick [via Frank26] The CBI and Kazemi are not wasting time...ATM machines, the CBI, the IMF all of these meeting we've been telling you about are dealing with the new small category notes with the new exchange rate and now they are dealing with the mechanism to dispensing them, the ATM machines...why do I say this so boldly? Because the governor of the CBI is saying so...
6-3-2022 Newshound Guru Militiaman Throw in the energy card and we have some serious on goings. I like what we are seeing. Quote: "after the law is passed, a breakthrough will occur in the entire political scene, including accelerating the process of forming the government, since the implementation of the details of the food security law will positively affect all areas that affect the citizen." [Post 2 of 2]
6-3-2022 Newshound Guru Militiaman Article: "Zidane discusses with the Deputy Speaker of Parliament cooperation in enacting "important" laws" My view is they tell us clearly what is on the table. The ration card in it's entirety is the food law, the electric it their life blood A/C and Fuel (energy) is the Natural Resource, Oil & Gas Law (NGO) or commonly the HCL...If that is the case, there is good reason to hide those sensitive issues... [Post 1 of 2....stay tuned]
6-3-2022 Intel Guru MarkZ [via PDK] The news has been very quiet as expected. I think that I a good thing….My Reno guys have really clammed up….can’t even get a chirp out of them right now which I think is excellent. There really has been an intel crackdown and they are asking us to be quiet…
6-3-2022 Newshound Guru Samson Article: "Expert: Iraq Gets About 4 Thousand Dollars From Selling Oil Every Second" Quote: "And the rate of revenue per hour amounted to “13.792 million dollars. per minute = 230 thousand dollars...”
6-3-2022 Newshound Guru Tivon I am not even interested in the budget anymore. Especially after I found out they can issue the Oil & Gas Law under "Citizens Entitlements" which is in the FSL. Remember my people the advisor to PM said there are two legislative laws. The FSL/Budget. Both of them have the right to use the financial savings/reserves to serve the citizens.
6-3-2022 Newshound/Intel Guru Mnt Goat ...Technically there is not going to be any revaluation in Iraq. Get it? It is not until you take the older thee zero dinar notes after the dinar is reinstated on FOREX at the rate we are all looking for in exchange for our currency the US dollar, Euro, Canadian dollar, etc, etc, that a significant increase in value is realized... Now we wait for the next step. How will this next chess move begin? [post 2 of 2]
6-3-2022 Newshound/Intel Guru Mnt Goat I will be contacting the CBI soon to get an update on the project to delete the zeros... How will this next chess move begin? ...I believe it will be announcements made to turn in the older, larger three zero notes and a deadline will be given. After that date the banks will no longer accept them. How long will they have I do not know. The rate will be 1:1 and...this does not mean 1:1 meaning one dinar to one dollar... it simply means the current rate of the dinar under the program rate will be the same rate assigned to the newer lower denominations when they come out. [post 1 of 2....stay tuned]
6-2-2022 Intel Guru MarkZ [via PDK] Today has been crazy quiet again…spooky crazy quiet…if I reach someone they say there is no news or no news they are allowed to share at this point... [Is the silence from everyone’s NDA’s?] I do believe so. I think this is exactly what we are seeing...I believe all is good and we are in the short and skinny of this... We are darn stinkin close. [What makes you say we are close?] All the news out of Iraq as they are pushing to change that value... All the paperwork Iraq has signed with the IMF and the UN…. The articles from the IMF and the UN pushing Iraq to change the rate…and the bankers have been over the top...
6-2-2022 Intel Guru BobTheTaxMan Emerging markets are countries that have some characteristics of a developed market but yet not fully developed ...Iraq and Mongolia are the two latest that are moving from a kind of 3rd world status...Iraq is the richest country in the Middle East in terms of having raw materials and educated people.
6-2-2022 Newshound Guru Pimpy ...I was listening to news from overseas, the lady was talking about how the IMF and the World Bank have grossly underestimated the GDP growth in Iraq and said that if they formed their government and moved forward in the right way that they would have a much stronger GDP growth. That would be awesome because that's what we want.
6-2-2022 Intel Guru MarkZ [via PDK] I did finally get a response back from one of my Reno contacts. They said it is now time to be quiet. We are very, very close. I think this is very telling with the sheer number of people being quiet right now. It’s been almost a complete black out since Sunday and Monday on communications…personally I think this could be a great sign. It’s been crazy quiet. ...Remember-Nobody knows the exact timing. We all are doing our best guessing based on news articles and what we are being told by sources. I still think we are really close.
6-2-2022 Newshound Guru Militiaman Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" There is definitely a push to get the reforms done... The articles all show it to be the case and the world having been involved through the World Bank, IMF, AMF, UST, etc., is and or was the catalyst to push the politic side into high gear or the consequences may have been very dire.
6-2-2022 Newshound Guru Walkingstick [via Frank26] The importance of the latest meetings with the CBI, IMF, World Bank, all of them was to discuss and agree on the ATMs that will soon be released to the Iraqi citizens...These ATMs are now being put into position where they will be available to the citizens for the new small category notes. They talk about adding thousands and about replacing ATM machines.
6-2-2022 Intel Guru MarkZ [via PDK] [Nader (Guru Nader From The Mid East) said...that CBI is all that we need to wait on NOTHING, else.] I agree with that because Iraq has fulfilled all they [need?] to …and the CBI has said they can go without the government…. The IMF is pushing the CBI to change the rate.
6-2-2022 Intel Guru BobTheTaxMan Emerging markets are countries that have some characteristics of a developed market but yet not fully developed ...Iraq and Mongolia are the two latest that are moving from a kind of 3rd world status...Iraq is the richest country in the Middle East in terms of having raw materials and educated people.
6-2-2022 Newshound Guru Pimpy ...I was listening to news from overseas, the lady was talking about how the IMF and the World Bank have grossly underestimated the GDP growth in Iraq and said that if they formed their government and moved forward in the right way that they would have a much stronger GDP growth. That would be awesome because that's what we want.
6-2-2022 Intel Guru MarkZ [via PDK] I did finally get a response back from one of my Reno contacts. They said it is now time to be quiet. We are very, very close. I think this is very telling with the sheer number of people being quiet right now. It’s been almost a complete black out since Sunday and Monday on communications…personally I think this could be a great sign. It’s been crazy quiet. ...Remember-Nobody knows the exact timing. We all are doing our best guessing based on news articles and what we are being told by sources. I still think we are really close.
6-2-2022 Newshound Guru Militiaman Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" There is definitely a push to get the reforms done... The articles all show it to be the case and the world having been involved through the World Bank, IMF, AMF, UST, etc., is and or was the catalyst to push the politic side into high gear or the consequences may have been very dire.
6-2-2022 Newshound Guru Walkingstick [via Frank26] The importance of the latest meetings with the CBI, IMF, World Bank, all of them was to discuss and agree on the ATMs that will soon be released to the Iraqi citizens...These ATMs are now being put into position where they will be available to the citizens for the new small category notes. They talk about adding thousands and about replacing ATM machines.
6-2-2022 Intel Guru MarkZ [via PDK] [Nader (Guru Nader From The Mid East) said...that CBI is all that we need to wait on NOTHING, else.] I agree with that because Iraq has fulfilled all they [need?] to …and the CBI has said they can go without the government…. The IMF is pushing the CBI to change the rate.
6-1-2022 Guru Nader From The Mid East The only people who can make a decision on the reinstatement is the CBI. It's not the government. It's not parliament. It's not Al-Kazemi. It's not nobody. The CBI have to decide. The CBI make decision. The CBI will send their ideas and their statement to the parliament and they'll go, 'Okay, we're doing this and we're going to do it.' Nobody is going to stop them from doing it if they want to do it. So we wait for the CBI.
6-1-2022 Newshound Guru Pimpy Article "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" ...Yes that's what you want to hear if you're invested in their dinar. But what good is it if you can't get the government to get formed and you can't stabilize the government and you can't stabilize the economy...the only thing holding Iraq back is Iraq . That's it...
6-1-2022 Guest Guru Tivon 6.) Do we have to wait until the ATM machines are set up locally/Internationally in order to see the rate on the Forex Market? 7.) Is Iraq waiting for the Gold Standard so they can peg the Dinar to precious metals? These are the lingering questions that some ponder...How close are we really? The summer is now upon us as the saga of the Iraqi Dinar continues. What will be in store for us this coming June? [Post 2 of 2]
6-1-2022 Guest Guru Tivon 1.) Will the "Food Security Law" create "Purchasing Power" for citizens? 2.) Will the rate change occur once the F.S.L. is voted on and passed? 3.) Do we have to wait for the Oil & Gas Law to see a new exchange rate? 4.) Do we have to wait until the 2022 Budget is open to see the reinstatement of the Dinar? 5.) Do we have to wait for the formation of the GOI in order to see the release of the new small category notes? [Post 1 of 2...stay tuned]
6-1-2022 Newshound Guru Godlover The current government is working as a caretaker government, or however one chooses to label them. The reality per endless articles is, they have limited power & cannot send the 2022 budget to parliament. Per articles this may change, but at this point it is only talk. [Post 2 of 2]
6-1-2022 Newshound Guru Godlover here are my thoughts on why we have not yet seen this blessing. Iraq is NOT ready imo...Many theories the government is formed, just not announced. This theory is fine, only, they do not HAVE a new government until it is OFFICIAL...I do not believe they have a "hiding" government. [Post 1 of 2....stay tuned]
6-1-2022 Intel Guru MarkZ [via PDK] I think Iraq is ready…Everyone is sitting in place and waiting for that switch to be flipped on…The banking side is in meetings this morning waiting on updates... Banks still feel we are at “any moment”.
6-1-2022 Newshound Guru Militiaman Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" Absolutely is a big deal. They have the reserves and in my view it is well over 90 billion they have suggested which is far more than needed to expose the new exchange rate. The Food Security Law and 2022 Budget Law are synonymous and yes they both need the rate just as the Oil and Gas Law..
6-1-2022 Newshound Guru Walkingstick [via Frank26] Meetings that occurred on this past Wednesday and Thursday...there was talk about the new small category notes...the showing of it. They were talking about the denominations. So far we've always thought that there was going to be 7 new denominations...we only know of 6 denominations of the new small category notes. IMO there was no need to elaborate on the new small category notes at this meeting...they already had agreements on the new small category notes...
6-1-2022 Newshound/Intel Guru Mnt Goat WOW! The news is not what we expected by now. It has been 7 months already since the elections were held. These politicians just can not agree on how this new Iraqi government will be formed. But we must ask our selves why...It is because Al-Sadr is stepping up his game... We know that he attempting to change the process to a “government by majority” and not a simple “quota system”... Iraq could never be a free and sovereign nation with this old, corrupt system of elections. It must be changed over...
6-1-2022 Intel Guru MarkZ [via PDK] I am told that if Iraq settles for the NEER (Nominal effective exchange rate) instead of a full reinstatement of value and decides to pull the trigger without the rest of the world… if they go with the low rate of $1.60…and let it float …I was told Vietnam would do the same thing….and release the dong at a .30 cent rate and let it float. They are both very much expected to quickly float to reinstatement values ...Iraq in the mid $3’s to $4 and Vietnam to float to the low $2 range.
6-1-2022 Newshound Guru Pimpy Article "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" ...Yes that's what you want to hear if you're invested in their dinar. But what good is it if you can't get the government to get formed and you can't stabilize the government and you can't stabilize the economy...the only thing holding Iraq back is Iraq . That's it...
6-1-2022 Guest Guru Tivon 6.) Do we have to wait until the ATM machines are set up locally/Internationally in order to see the rate on the Forex Market? 7.) Is Iraq waiting for the Gold Standard so they can peg the Dinar to precious metals? These are the lingering questions that some ponder...How close are we really? The summer is now upon us as the saga of the Iraqi Dinar continues. What will be in store for us this coming June? [Post 2 of 2]
6-1-2022 Guest Guru Tivon 1.) Will the "Food Security Law" create "Purchasing Power" for citizens? 2.) Will the rate change occur once the F.S.L. is voted on and passed? 3.) Do we have to wait for the Oil & Gas Law to see a new exchange rate? 4.) Do we have to wait until the 2022 Budget is open to see the reinstatement of the Dinar? 5.) Do we have to wait for the formation of the GOI in order to see the release of the new small category notes? [Post 1 of 2...stay tuned]
6-1-2022 Newshound Guru Godlover The current government is working as a caretaker government, or however one chooses to label them. The reality per endless articles is, they have limited power & cannot send the 2022 budget to parliament. Per articles this may change, but at this point it is only talk. [Post 2 of 2]
6-1-2022 Newshound Guru Godlover here are my thoughts on why we have not yet seen this blessing. Iraq is NOT ready imo...Many theories the government is formed, just not announced. This theory is fine, only, they do not HAVE a new government until it is OFFICIAL...I do not believe they have a "hiding" government. [Post 1 of 2....stay tuned]
6-1-2022 Intel Guru MarkZ [via PDK] I think Iraq is ready…Everyone is sitting in place and waiting for that switch to be flipped on…The banking side is in meetings this morning waiting on updates... Banks still feel we are at “any moment”.
6-1-2022 Newshound Guru Militiaman Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" Absolutely is a big deal. They have the reserves and in my view it is well over 90 billion they have suggested which is far more than needed to expose the new exchange rate. The Food Security Law and 2022 Budget Law are synonymous and yes they both need the rate just as the Oil and Gas Law..
6-1-2022 Newshound Guru Walkingstick [via Frank26] Meetings that occurred on this past Wednesday and Thursday...there was talk about the new small category notes...the showing of it. They were talking about the denominations. So far we've always thought that there was going to be 7 new denominations...we only know of 6 denominations of the new small category notes. IMO there was no need to elaborate on the new small category notes at this meeting...they already had agreements on the new small category notes...
6-1-2022 Newshound/Intel Guru Mnt Goat WOW! The news is not what we expected by now. It has been 7 months already since the elections were held. These politicians just can not agree on how this new Iraqi government will be formed. But we must ask our selves why...It is because Al-Sadr is stepping up his game... We know that he attempting to change the process to a “government by majority” and not a simple “quota system”... Iraq could never be a free and sovereign nation with this old, corrupt system of elections. It must be changed over...
6-1-2022 Intel Guru MarkZ [via PDK] I am told that if Iraq settles for the NEER (Nominal effective exchange rate) instead of a full reinstatement of value and decides to pull the trigger without the rest of the world… if they go with the low rate of $1.60…and let it float …I was told Vietnam would do the same thing….and release the dong at a .30 cent rate and let it float. They are both very much expected to quickly float to reinstatement values ...Iraq in the mid $3’s to $4 and Vietnam to float to the low $2 range.
5-31-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see currency reserves are projected to be $90 billion FRANK26: 90 billion? And you have toilet paper money? You see they are preparing themselves for a de-peg... FIREFLY: Then we see an American spokesman on TV saying they are backing Iraq and Iraq will be the cornerstone of stability for the region.
5-31-2022 Intel Guru MarkZ [via PDK] I pray tomorrow is “golden”...I am still hearing tomorrow is the goal. News has been positive from the banking side…But I am a bit worried we have not gotten more information from banks. They are still under the expectations that tomorrow will be a “go” day for announcements and setting appointments...I cannot remember a time when we were this close.
5-31-2022 Guru Nader From The Mid East The reinstatement will not go more than 1 to 1 to start then it floats. That's how it's gonna happen...I don't think it's gonna be in the $6...no country will be in the 6 against the dollar....
5-31-2022 Newshound Guru Pimpy Outside investors want to invest in Iraq but we really need a balanced and stable economy and a stable government. We don't need the whispers of a civil war because that's what it looks like it's heading into...Iraq is right there [in a good way] on the verge. It's so close. It's right there but it just has to get their crap together and stop the bickering and get rid of the corruption and they'll be well on their way of getting back on track and sooner than later have a much stronger dinar and we will see the exchange rate change in the positive...
5-31-2022 Guest Guru Tivon Do you know how heavy this statement is? ... these reserves maintain the "Purchasing Power" of individuals, as it preserves the real income of the individual from fluctuations in the event of the deterioration of the dinar. Come on people it doesn't get any better than this. All of these statements are only a couple or few days old. [Post 2 of 2]
5-31-2022 Guest Guru Tivon Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" This article is a banger ... advisor from Al-Kazemi...stated that the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability, "stressing that "the Iraqi dinar is approaching "Full Coverage" of hard currency reserves in light of the current exchange rate." [Post 1 of 2....stay tuned]
5-31-2022 Intel Guru MarkZ [via PDK] There is still great expectations for today...To me this is the calm before the storm…and they have been very effective at shutting down leaks...as to where we are at right now... Redemption folks are very confident that this appears to be our week...In Iraq there are quite a few articles dropping and they are all about passing the budget, seating the government and Food Security. They are in a mad dash to raise the value and remove the zeros…there has been constant and nonstop news coming out of Iraq.
5-31-2022 Newshound Guru Godlover Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" ...The 2022 Budget, they already have the main draft done many many months ago...So past articles that suggest they need weeks to complete the 2022 is not likely the case..imo The articles state above that there is a Finalization of the Budget Law for the year 2022 today...This all looks very good.. imo Now, lets see if they have a work around with the government or not and they seat one. Quickly.
5-31-2022 Newshound Guru Militiaman Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" The bank will enjoy the confidence of the global system and international financial markets, specifically by collection credit lines for foreign trade. They are not going to be doing that with a program rate...We are watching the convergence of a country in renaissance.. IT is going to be an amazing event to be apart of, even if from the outside looking in...
5-31-2022 Newshound/Intel Guru Mnt Goat Article: "THE DISPUTE ENDS AS SOON AS IT IS LEGISLATED..THE KURDISTAN UNION SENDS AN IMPORTANT INVITATION TO BAGHDAD REGARDING OIL AND GAS" Quote: "the Federal Oil and Gas Law is still ink on paper and has not been legislated and there is no way out of the current crisis except by legislating a law regulating oil and gas." Okay so now we have it in writing from Kurdistan in that the Federal Oil and Gas Law is still ink on paper and has not been legislated...The Kurds will use this issue to get what they want out of forming the new government.
5-31-2022 Intel Guru MarkZ [via PDK] Folks on my banking side and redemption centers still believe redemptions will start on the 1st (June). I am hoping and praying they meet that goal...
5-31-2022 Intel Guru MarkZ [via PDK] I pray tomorrow is “golden”...I am still hearing tomorrow is the goal. News has been positive from the banking side…But I am a bit worried we have not gotten more information from banks. They are still under the expectations that tomorrow will be a “go” day for announcements and setting appointments...I cannot remember a time when we were this close.
5-31-2022 Guru Nader From The Mid East The reinstatement will not go more than 1 to 1 to start then it floats. That's how it's gonna happen...I don't think it's gonna be in the $6...no country will be in the 6 against the dollar....
5-31-2022 Newshound Guru Pimpy Outside investors want to invest in Iraq but we really need a balanced and stable economy and a stable government. We don't need the whispers of a civil war because that's what it looks like it's heading into...Iraq is right there [in a good way] on the verge. It's so close. It's right there but it just has to get their crap together and stop the bickering and get rid of the corruption and they'll be well on their way of getting back on track and sooner than later have a much stronger dinar and we will see the exchange rate change in the positive...
5-31-2022 Guest Guru Tivon Do you know how heavy this statement is? ... these reserves maintain the "Purchasing Power" of individuals, as it preserves the real income of the individual from fluctuations in the event of the deterioration of the dinar. Come on people it doesn't get any better than this. All of these statements are only a couple or few days old. [Post 2 of 2]
5-31-2022 Guest Guru Tivon Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" This article is a banger ... advisor from Al-Kazemi...stated that the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability, "stressing that "the Iraqi dinar is approaching "Full Coverage" of hard currency reserves in light of the current exchange rate." [Post 1 of 2....stay tuned]
5-31-2022 Intel Guru MarkZ [via PDK] There is still great expectations for today...To me this is the calm before the storm…and they have been very effective at shutting down leaks...as to where we are at right now... Redemption folks are very confident that this appears to be our week...In Iraq there are quite a few articles dropping and they are all about passing the budget, seating the government and Food Security. They are in a mad dash to raise the value and remove the zeros…there has been constant and nonstop news coming out of Iraq.
5-31-2022 Newshound Guru Godlover Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" ...The 2022 Budget, they already have the main draft done many many months ago...So past articles that suggest they need weeks to complete the 2022 is not likely the case..imo The articles state above that there is a Finalization of the Budget Law for the year 2022 today...This all looks very good.. imo Now, lets see if they have a work around with the government or not and they seat one. Quickly.
5-31-2022 Newshound Guru Militiaman Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" The bank will enjoy the confidence of the global system and international financial markets, specifically by collection credit lines for foreign trade. They are not going to be doing that with a program rate...We are watching the convergence of a country in renaissance.. IT is going to be an amazing event to be apart of, even if from the outside looking in...
5-31-2022 Newshound/Intel Guru Mnt Goat Article: "THE DISPUTE ENDS AS SOON AS IT IS LEGISLATED..THE KURDISTAN UNION SENDS AN IMPORTANT INVITATION TO BAGHDAD REGARDING OIL AND GAS" Quote: "the Federal Oil and Gas Law is still ink on paper and has not been legislated and there is no way out of the current crisis except by legislating a law regulating oil and gas." Okay so now we have it in writing from Kurdistan in that the Federal Oil and Gas Law is still ink on paper and has not been legislated...The Kurds will use this issue to get what they want out of forming the new government.
5-31-2022 Intel Guru MarkZ [via PDK] Folks on my banking side and redemption centers still believe redemptions will start on the 1st (June). I am hoping and praying they meet that goal...
5-30-2022 Guru Nader From The Mid East community comment "Iraq is printing too many dinars..." Yeah they printed too many dinars. They stopped printing...the 25,000, 10,000, 5,000, 1,000. They stopped printing them. Now they're trying to print new money with only one or two zeros...smaller category of currency...They didn't print it yet I'm not sure. Maybe the project is there but I don't know if they started or not...I know they said we're gonna do this but nothing else, they didn't say anything else about it.
5-30-2022 Newshound Guru Kaperoni For the most part, the IMF is in charge of Iraq's monetary policy (at least providing significant guidance). And the IMF does not want them to redenominate. It is well documented they want them to allow the dinar to gradually appreciate as the economy grows.
5-30-2022 Newshound Guru Sandy Ingram ...Excellent news from Iraq. Article: "Iraq currency reserves expected to exceed $90 billion by year- end, Finance Minister" ...this is excellent news.
5-30-2022 Intel Guru MarkZ [via PDK] News has been pretty solid over the weekend... I am told in Iraq - they passed the Food Security Bill over the weekend is which is absolutely huge...I believe this is a shot across the bow to move forward with the white papers and the change in value. They are letting us know they are willing to dissolve the entire parliament and start over quickly because this is taking so long to get the government sat. They will do whatever it takes to move forward with economic reforms meaning delete the zeros and increase the value. I think it was great news coming out of Iraq.
5-30-2022 Newshound Guru Pimpy they can't get money out to the needy and they got to continue working with the last year's budget. This is Iraq, always shooting itself in the foot. They have the opportunity to really grow and thrive...but they can't get out of their own way. I see the great potential there in Iraq. It think it's a great investment. I haven't changed my mind. [Post 2 of 2]
5-30-2022 Newshound Guru Pimpy Article: "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" they could have a much stronger economy but they have to pass a budget. Well they can't pass a budget because the Supreme Court won't allow them to. You have to wait until the 'caretaker' government is out of office and a new government is established... [Post 1 of 2....stay tuned]
5-30-2022 Newshound Guru Deepwoodz Kadhimi has been silent but he usually is concerning parliament...I do agree there is a work around/smoke and mirrors in play. I suggest that the EFSLaw is the work around to the new exchange rate...the budget law and EFS law are synonymous. I believe this means the rate is in both. Whichever comes first should reveal it.
5-30-2022 Newshound Guru Godlover This EFSL [Emergency Food & Security Law] is not a good thing imo. I know many are expecting the EFSL to have a new rate, however, I cannot see any logic in that thinking unless the 2022 budget is passed with it, which I highly doubt. As well, the EFSL is synonymous (similar) to the 2022 budget because it has a mini budget with it...I want & need this blessing just as much as anyone else, but...if it walks like a duck, quacks like a duck, then certainly it must be a duck.
5-30-2022 Intel Guru Frank26 In all honesty if Iraq doesn't move soon the basket may move without them. Iraq is now backed by gold. It used to be backed by oil. It can be backed by anything they want. They're that powerful financially. Yes, the ISO was very powerful, this was an IMF goal and so is raising the value of the IQD an IMF goal. The IMF is not silent about raising the value of the dinar. It's what they are doing...
5-30-2022 Newshound Guru Samson Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" Quote: "Al-Rasheed Bank announced, on Sunday, May 29, 2022, the removal of its name from the list of international sanctions of the Charter of the United Nations...deleting the name of the bank from the list of international sanctions of the United Nations Charter is an advanced step...the decision will allow the bank to open its branches outside the country, Especially in important countries that are centers of international banking and related financial transactions..."
5-30-2022 Newshound/Intel Guru Mnt Goat Article: "A WISE ADMINISTRATION RAISED THE PRICE OF THE DOLLAR.. A BOLD TALK BY THE MINISTER OF FINANCE ABOUT A SURPRISE FOR THE IRAQI ECONOMY, WHICH BODES WELL" Quote: "...confirmed the increase in cash reserves with the Central Bank to 90 billion dollars by the end of this year,..." Iraq says they have the security and certainly they have the financial stability. They repeatedly said they needed this for the project to delete the zeros and so where is it? Do you get my point?
5-30-2022 Newshound Guru Kaperoni For the most part, the IMF is in charge of Iraq's monetary policy (at least providing significant guidance). And the IMF does not want them to redenominate. It is well documented they want them to allow the dinar to gradually appreciate as the economy grows.
5-30-2022 Newshound Guru Sandy Ingram ...Excellent news from Iraq. Article: "Iraq currency reserves expected to exceed $90 billion by year- end, Finance Minister" ...this is excellent news.
5-30-2022 Intel Guru MarkZ [via PDK] News has been pretty solid over the weekend... I am told in Iraq - they passed the Food Security Bill over the weekend is which is absolutely huge...I believe this is a shot across the bow to move forward with the white papers and the change in value. They are letting us know they are willing to dissolve the entire parliament and start over quickly because this is taking so long to get the government sat. They will do whatever it takes to move forward with economic reforms meaning delete the zeros and increase the value. I think it was great news coming out of Iraq.
5-30-2022 Newshound Guru Pimpy they can't get money out to the needy and they got to continue working with the last year's budget. This is Iraq, always shooting itself in the foot. They have the opportunity to really grow and thrive...but they can't get out of their own way. I see the great potential there in Iraq. It think it's a great investment. I haven't changed my mind. [Post 2 of 2]
5-30-2022 Newshound Guru Pimpy Article: "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" they could have a much stronger economy but they have to pass a budget. Well they can't pass a budget because the Supreme Court won't allow them to. You have to wait until the 'caretaker' government is out of office and a new government is established... [Post 1 of 2....stay tuned]
5-30-2022 Newshound Guru Deepwoodz Kadhimi has been silent but he usually is concerning parliament...I do agree there is a work around/smoke and mirrors in play. I suggest that the EFSLaw is the work around to the new exchange rate...the budget law and EFS law are synonymous. I believe this means the rate is in both. Whichever comes first should reveal it.
5-30-2022 Newshound Guru Godlover This EFSL [Emergency Food & Security Law] is not a good thing imo. I know many are expecting the EFSL to have a new rate, however, I cannot see any logic in that thinking unless the 2022 budget is passed with it, which I highly doubt. As well, the EFSL is synonymous (similar) to the 2022 budget because it has a mini budget with it...I want & need this blessing just as much as anyone else, but...if it walks like a duck, quacks like a duck, then certainly it must be a duck.
5-30-2022 Intel Guru Frank26 In all honesty if Iraq doesn't move soon the basket may move without them. Iraq is now backed by gold. It used to be backed by oil. It can be backed by anything they want. They're that powerful financially. Yes, the ISO was very powerful, this was an IMF goal and so is raising the value of the IQD an IMF goal. The IMF is not silent about raising the value of the dinar. It's what they are doing...
5-30-2022 Newshound Guru Samson Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" Quote: "Al-Rasheed Bank announced, on Sunday, May 29, 2022, the removal of its name from the list of international sanctions of the Charter of the United Nations...deleting the name of the bank from the list of international sanctions of the United Nations Charter is an advanced step...the decision will allow the bank to open its branches outside the country, Especially in important countries that are centers of international banking and related financial transactions..."
5-30-2022 Newshound/Intel Guru Mnt Goat Article: "A WISE ADMINISTRATION RAISED THE PRICE OF THE DOLLAR.. A BOLD TALK BY THE MINISTER OF FINANCE ABOUT A SURPRISE FOR THE IRAQI ECONOMY, WHICH BODES WELL" Quote: "...confirmed the increase in cash reserves with the Central Bank to 90 billion dollars by the end of this year,..." Iraq says they have the security and certainly they have the financial stability. They repeatedly said they needed this for the project to delete the zeros and so where is it? Do you get my point?
5-29-2022 Newshound Guru Pimpy There are some things I notice about Iraq that just drives me insane. They're so on the verge of just being where we want them to be so we can make something off this investment - it's just so close, but then every time it's like, 'Oh, you almost had it...' So close, so close, but not quite there yet...
5-29-2022 Newshound Guru Militiaman Article: "Saving a Homeland: The government will be formed within the next two months" I am not seeing them use two months to resolve the issue of the Government impasse. There is another meeting with the UN post two scathing reports on the lack of movement politically. Not only have they the pressure from the UN, the IMF, the UST, the World Bank, even the CBI supports they are moving faster than months out...imo.
5-29-2022 Intel Guru MarkZ [via PDK] [Nader said...that the dinar rate was only going to be 1 to 1.] He said that rate made sense to him…he also said that all the areas around Iraq, even those that do not have the same wealth have rates in the $3’s…but that 1 to 1 to made the most sense and then let it float. I agree with him…that does make sense if Iraq goes without the rest of the world with the NEER (Nominal Effective Exchange Rate) rate…but we did see with government documentation that they want the NEER at about $1.60 and then let it float...IF they go solo. If they go with the Global Currency reset they can justify a considerably higher rate. So the rate will depend on if Iraq goes solo or if they go with the rest of the world.
5-29-2022 Guest Guru JERRY_1971 [Response to Guru Godlover Post below] THE FSL IS THE ALTERNATIVE TO THE BUDGET 2022 SINCE ITS TAKING TIME TO PASS THE NEW BUDGET 2022 DUE TO LACK OF SEATED GOVT TILL THEN THEY CANT WAIT AND NEED TO PASS THE FSL IN ORDER TO GIVE RELIEF TO THE POOR CITIZENS EVEN LOOK AT TODAY'S ARTICLE...THE PM ADVISOR SALEH IS CONFIRMING THAT THEY NEED TO LEGISLATE EITHER OF ONE OF THE TWO THE FSL OR THE BUDGET IN ORDER TO DISBURSE OF THE ABUNDANCE OF WEALTH THEY HAVE IN THEIR TREASURY TO THE PEOPLE OF IRAQ . PM KAZEMI IS IN CONTROL OF ALL THIS AND WANTS ALL THE BEST FOR ITS CITIZENS GL HOPE IN YOUR OPINION YOU MAY BE WRONG THIS TIME AT LEAST IT WILL BENEFIT THE CITIZENS OF IRAQ AND WE DINARIANS IMO
5-29-2022 Guru Nader From The Mid East Community comment: "Iraq will never reinstate their money. Their money will never go up." You might be right but I strongly disagree with you because if you look all around us like Kuwait, United Emirates, if you look all around us the least the dollar..the Saudis...you can buy for I think 58 cents for a dollar...I think there is a big chance of reinstating. A big chance...
5-29-2022 Intel Guru Frank26 THE LAST FEW WEEKS OF AUCTIONS HAVE BEEN UNDER THE CONTROL OF THE CBI. NOT ONLY ARE THE CITIZENS EXCITED ABOUT A COMING NEW EXCHANGE RATE BUT THEY ALSO KNOW THEY WILL HAVE AN INCREASE TO THEIR INCOME THROUGH THE HCL AND NOW THE CITIZENS ARE REALIZING... THAT MORE PURCHASING POWER IS COMING THROUGH THEIR GOVERNMENT VIA CBI/AUCTIONS.
5-29-2022 Newshound Guru Godlover Article: "Parliamentary agreement to complete the draft food security law" The FSL is a "filler" with a mini budget per articles, for them to get by until the general budget is approved & opened. This of course needs a new government or for the current government to be granted full authority. The FSL is not a substitute for the general budget, assuming they ever pass the general budget, then it would be a substitute by default. Certainly the FSL will not have what we all seek.
5-29-2022 Newshound/Intel Guru Mnt Goat Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early next week. Once the president is voted on it will not be long before the government is completed. I have been saying all along the Al-Kazemi will stay as the prime minister... Let’s just sit back and watch it all play out.
5-29-2022 Newshound Guru Militiaman Article: "Saving a Homeland: The government will be formed within the next two months" I am not seeing them use two months to resolve the issue of the Government impasse. There is another meeting with the UN post two scathing reports on the lack of movement politically. Not only have they the pressure from the UN, the IMF, the UST, the World Bank, even the CBI supports they are moving faster than months out...imo.
5-29-2022 Intel Guru MarkZ [via PDK] [Nader said...that the dinar rate was only going to be 1 to 1.] He said that rate made sense to him…he also said that all the areas around Iraq, even those that do not have the same wealth have rates in the $3’s…but that 1 to 1 to made the most sense and then let it float. I agree with him…that does make sense if Iraq goes without the rest of the world with the NEER (Nominal Effective Exchange Rate) rate…but we did see with government documentation that they want the NEER at about $1.60 and then let it float...IF they go solo. If they go with the Global Currency reset they can justify a considerably higher rate. So the rate will depend on if Iraq goes solo or if they go with the rest of the world.
5-29-2022 Guest Guru JERRY_1971 [Response to Guru Godlover Post below] THE FSL IS THE ALTERNATIVE TO THE BUDGET 2022 SINCE ITS TAKING TIME TO PASS THE NEW BUDGET 2022 DUE TO LACK OF SEATED GOVT TILL THEN THEY CANT WAIT AND NEED TO PASS THE FSL IN ORDER TO GIVE RELIEF TO THE POOR CITIZENS EVEN LOOK AT TODAY'S ARTICLE...THE PM ADVISOR SALEH IS CONFIRMING THAT THEY NEED TO LEGISLATE EITHER OF ONE OF THE TWO THE FSL OR THE BUDGET IN ORDER TO DISBURSE OF THE ABUNDANCE OF WEALTH THEY HAVE IN THEIR TREASURY TO THE PEOPLE OF IRAQ . PM KAZEMI IS IN CONTROL OF ALL THIS AND WANTS ALL THE BEST FOR ITS CITIZENS GL HOPE IN YOUR OPINION YOU MAY BE WRONG THIS TIME AT LEAST IT WILL BENEFIT THE CITIZENS OF IRAQ AND WE DINARIANS IMO
5-29-2022 Guru Nader From The Mid East Community comment: "Iraq will never reinstate their money. Their money will never go up." You might be right but I strongly disagree with you because if you look all around us like Kuwait, United Emirates, if you look all around us the least the dollar..the Saudis...you can buy for I think 58 cents for a dollar...I think there is a big chance of reinstating. A big chance...
5-29-2022 Intel Guru Frank26 THE LAST FEW WEEKS OF AUCTIONS HAVE BEEN UNDER THE CONTROL OF THE CBI. NOT ONLY ARE THE CITIZENS EXCITED ABOUT A COMING NEW EXCHANGE RATE BUT THEY ALSO KNOW THEY WILL HAVE AN INCREASE TO THEIR INCOME THROUGH THE HCL AND NOW THE CITIZENS ARE REALIZING... THAT MORE PURCHASING POWER IS COMING THROUGH THEIR GOVERNMENT VIA CBI/AUCTIONS.
5-29-2022 Newshound Guru Godlover Article: "Parliamentary agreement to complete the draft food security law" The FSL is a "filler" with a mini budget per articles, for them to get by until the general budget is approved & opened. This of course needs a new government or for the current government to be granted full authority. The FSL is not a substitute for the general budget, assuming they ever pass the general budget, then it would be a substitute by default. Certainly the FSL will not have what we all seek.
5-29-2022 Newshound/Intel Guru Mnt Goat Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early next week. Once the president is voted on it will not be long before the government is completed. I have been saying all along the Al-Kazemi will stay as the prime minister... Let’s just sit back and watch it all play out.
5-28-2022 Guru Nader From The Mid East The reinstatement will not go more than 1 to 1 to start then it floats. That's how it's gonna happen...I don't think it's gonna be in the $6...no country will be in the 6 against the dollar...
5-28-2022 Intel Guru Frank26 I saw someone make a post earlier and they said 'I don't understand, 25000, you remove the three zeros, you have 25 dollars...this is a stupid investment.' There are 3 zeros on the currency. What are you going to take a pair of scissors and cut them off and you have a 25 note? The 3 zeros they're talking about are on the exchange rate. Once they lift those three zeros that 25k note becomes 25,000...
5-28-2022 Newshound Guru Deepwoodz [Response to Guru Godlover below] Let’s not forget that Kadhimi and his government had the budget ready long before now. Even before they supposedly became a caretaker. They could easily have put the budget forward at the end of last year if they had wanted to. Whatever they were waiting on then, is probably the same thing they are waiting on now. The articles are like riding a roller coaster but the truth is much less chaotic. We just aren’t privy to the schedule they have set. Nor are we privy to the date or the rate…Yet!
5-28-2022 Intel Guru MarkZ [via PDK] I am really hoping over the next few days we all cross the finish line... I did hear one more confirmation of an expected long work days starting on Tuesday at redemption centers. This is from a redemption center employee. I am really hopeful we get some kind of notice by midday on Monday... I am getting positive news out of Iraq as well…they hope to move forward with new rate soon. I have not heard anything negative at all.
5-28-22 Newshound Guru Samson Article: "The arrival of dollar reserves to 90 billion, ringing the bells of the exchange rate" Quote: "Calls are rising among the popular and political circles, to reduce the exchange rate of the dollar against the dinar, after the foreign currency reserves in Iraq witnessed a jump during 2022...the step of raising the value of the Iraqi dinar, if achieved, will make the dinar a competitive currency that helps lower the prices of commodities and foodstuffs in the markets. According to the experts..."
5-28-2022 Newshound Guru Godlover Furthermore, if a government was in place already, it would benefit them to make it official. There is no benefit to hide them. There would be no reason for them to not announce their new government, if it was already formed. So much cannot happen with the current government in place per articles. As stated in previous articles, the current government may get a vote to grant them full authority...we will see. But until one of these scenarios happens, they are in limbo. [Post 2 of 2]
5-28-2022 Newshound Guru Godlover Question: "IMO, everything is in place they just have to do it...what do you believe still has to happen in order for them to be ready?" What NEEDS to happen is a seated government imo. Even if a government is "prepared" already (hiding), then it needs to be made official. A government that no one can see, is no government at all. [Post 1 of 2....stay tuned]
5-28-2022 Intel Guru Bruce [via WiserNow] ...Iraq did not put out the rate this week as we had been told but were being told from Iraq that the new rate will come out this weekend probably Sat or Sun so they can trade it Sunday night with the other countries in the Far East – the new rate I know what it is but I can’t say it – it will be a very strong in country rate and that will also be traded up probably – we will have an excellent rate for us – I am excited
5-28-2022 Intel Guru Frank26 I saw someone make a post earlier and they said 'I don't understand, 25000, you remove the three zeros, you have 25 dollars...this is a stupid investment.' There are 3 zeros on the currency. What are you going to take a pair of scissors and cut them off and you have a 25 note? The 3 zeros they're talking about are on the exchange rate. Once they lift those three zeros that 25k note becomes 25,000...
5-28-2022 Newshound Guru Deepwoodz [Response to Guru Godlover below] Let’s not forget that Kadhimi and his government had the budget ready long before now. Even before they supposedly became a caretaker. They could easily have put the budget forward at the end of last year if they had wanted to. Whatever they were waiting on then, is probably the same thing they are waiting on now. The articles are like riding a roller coaster but the truth is much less chaotic. We just aren’t privy to the schedule they have set. Nor are we privy to the date or the rate…Yet!
5-28-2022 Intel Guru MarkZ [via PDK] I am really hoping over the next few days we all cross the finish line... I did hear one more confirmation of an expected long work days starting on Tuesday at redemption centers. This is from a redemption center employee. I am really hopeful we get some kind of notice by midday on Monday... I am getting positive news out of Iraq as well…they hope to move forward with new rate soon. I have not heard anything negative at all.
5-28-22 Newshound Guru Samson Article: "The arrival of dollar reserves to 90 billion, ringing the bells of the exchange rate" Quote: "Calls are rising among the popular and political circles, to reduce the exchange rate of the dollar against the dinar, after the foreign currency reserves in Iraq witnessed a jump during 2022...the step of raising the value of the Iraqi dinar, if achieved, will make the dinar a competitive currency that helps lower the prices of commodities and foodstuffs in the markets. According to the experts..."
5-28-2022 Newshound Guru Godlover Furthermore, if a government was in place already, it would benefit them to make it official. There is no benefit to hide them. There would be no reason for them to not announce their new government, if it was already formed. So much cannot happen with the current government in place per articles. As stated in previous articles, the current government may get a vote to grant them full authority...we will see. But until one of these scenarios happens, they are in limbo. [Post 2 of 2]
5-28-2022 Newshound Guru Godlover Question: "IMO, everything is in place they just have to do it...what do you believe still has to happen in order for them to be ready?" What NEEDS to happen is a seated government imo. Even if a government is "prepared" already (hiding), then it needs to be made official. A government that no one can see, is no government at all. [Post 1 of 2....stay tuned]
5-28-2022 Intel Guru Bruce [via WiserNow] ...Iraq did not put out the rate this week as we had been told but were being told from Iraq that the new rate will come out this weekend probably Sat or Sun so they can trade it Sunday night with the other countries in the Far East – the new rate I know what it is but I can’t say it – it will be a very strong in country rate and that will also be traded up probably – we will have an excellent rate for us – I am excited
5-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI governor talking about the exchange rate...in interview on news. FRANK26: This is where it starts to get real...it's getting close, be prepared. FIREFLY: Yes.
5-27-2022 Intel Guru MarkZ [via PDK] [ I am really hoping June 1 is the day.] ...I am still hearing a crazy number of confirmations that this is still their goal.
5-27-2022 Newshound Guru Samson Article: "The Central Bank of Iraq announces that foreign reserves have risen to $74 billion" Quote: "noting that the financial situation in Iraq was "very excellent" compared to the countries of the region and neighboring countries..."
5-27-2022 Intel Guru Bruce [via WiserNow] ...I think what we’re looking at...the first day of June...Wednesday...it’s possible that we do get this before the 1st of June It’s also possible that we get notified on the 31st and set our appointments for the 1st of June – (Wednesday)... it’s not from just 1 source – this is multiple sources that are confirming the timing on this and so I’m excited about that because it takes us where we need to go in less than a week... we’ll see what happens...
5-27-2022 Guru Nader From The Mid East We're waiting for them to vote for the food security...I don't think the Food Security has something to do with the rate. It's nothing. They're putting 25 trillion dollars [dinars] to secure the food. That it.
5-27-2022 Newshound Guru Militiaman [Response to Guru Godlover below...] I disagree... I hope they do pass the EFL. The citizens deserve their connotational [constitutional ?] rights. Those that support the coordination frame work would like very much they don't [pass the law] ... Those that are for the citizens do want the EFL, as it is like the 2022 budget, they are synonymous. In other words they are new exchange rate oriented. imo..
5-27-2022 Intel Guru MarkZ [via PDK] There is great anticipation for release of numbers over this holiday weekend and our redemptions starting somewhere around the first. Going full tilt next week...We have been here before…stay grounded…is it soon? I absolutely believe it is...hopefully by Monday we will be celebrating good times!
5-27-2022 Newshound Guru Pimpy Article: "The Iraqi currency reserves are expected to exceed $90 billion by the end of the year" They are quickly getting up there as far as their reserves are concerned...the more they have in reserves the more they have to support the economy as well as the Iraqi dinar which is what you want...we were all happy when they reached 70 billion now they're projected to be at 90 by the end of the year. This is awesome. This is great news.
5-27-2022 Newshound Guru Godlover I am still hopeful they do not pass the FSL, if they do pass the FSL, I expect the government formation to drag on for some time unfortunately...
5-27-2022 Newshound/Intel Guru Mnt Goat We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However...I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement.
5-27-2022 Intel Guru MarkZ [via PDK] [ I am really hoping June 1 is the day.] ...I am still hearing a crazy number of confirmations that this is still their goal.
5-27-2022 Newshound Guru Samson Article: "The Central Bank of Iraq announces that foreign reserves have risen to $74 billion" Quote: "noting that the financial situation in Iraq was "very excellent" compared to the countries of the region and neighboring countries..."
5-27-2022 Intel Guru Bruce [via WiserNow] ...I think what we’re looking at...the first day of June...Wednesday...it’s possible that we do get this before the 1st of June It’s also possible that we get notified on the 31st and set our appointments for the 1st of June – (Wednesday)... it’s not from just 1 source – this is multiple sources that are confirming the timing on this and so I’m excited about that because it takes us where we need to go in less than a week... we’ll see what happens...
5-27-2022 Guru Nader From The Mid East We're waiting for them to vote for the food security...I don't think the Food Security has something to do with the rate. It's nothing. They're putting 25 trillion dollars [dinars] to secure the food. That it.
5-27-2022 Newshound Guru Militiaman [Response to Guru Godlover below...] I disagree... I hope they do pass the EFL. The citizens deserve their connotational [constitutional ?] rights. Those that support the coordination frame work would like very much they don't [pass the law] ... Those that are for the citizens do want the EFL, as it is like the 2022 budget, they are synonymous. In other words they are new exchange rate oriented. imo..
5-27-2022 Intel Guru MarkZ [via PDK] There is great anticipation for release of numbers over this holiday weekend and our redemptions starting somewhere around the first. Going full tilt next week...We have been here before…stay grounded…is it soon? I absolutely believe it is...hopefully by Monday we will be celebrating good times!
5-27-2022 Newshound Guru Pimpy Article: "The Iraqi currency reserves are expected to exceed $90 billion by the end of the year" They are quickly getting up there as far as their reserves are concerned...the more they have in reserves the more they have to support the economy as well as the Iraqi dinar which is what you want...we were all happy when they reached 70 billion now they're projected to be at 90 by the end of the year. This is awesome. This is great news.
5-27-2022 Newshound Guru Godlover I am still hopeful they do not pass the FSL, if they do pass the FSL, I expect the government formation to drag on for some time unfortunately...
5-27-2022 Newshound/Intel Guru Mnt Goat We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However...I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement.
5-26-2022 Intel Guru MarkZ [via PDK] ...in Iraq they are still talking back and forth about when they are going to read the Food Security Bill again. It is still expected this week. I am still hearing from my banking side that our redemption day is scheduled for June 1st...My guess is the RV news will be very quiet until around Monday the 30th based on the holiday weekend... There is not a lot they need to say between now and then so believe it will be quiet. [This has to be the calm before the storm….] Exactly…I think that is where we are at right now.
5-26-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI governor was meeting with the IMF and World Bank and Finance Committee on the mission review for Iraq talking about financial reforms and he talked about exchange rate. FRANK26: It's getting hot in here! This IMO is the culmination of all these meetings. They now have an understanding of what their mission is to accomplish.
5-26-2022 Intel Guru MilitiaMan Article: "Parliamentary Finance Reveals A New Inquiry To The Federal Court Regarding The Food Security Law" We can see there is a seriousness with this emergency food law. The fact that the GOI and the Finance Committees are in talks now, is very important with respect to timing...The law contains a very large financial mechanism...So large they were not given it out, until now... The vote is slated for tomorrow....The street (vulnerable) is in expectation of their constitutional entitlements that are apart of the law... Looks like show time is in close proximity..imo
5-26-2022 Newshound Guru Sandy Ingram Exciting news.. Article: "Iraq Revenues to Exceed $150 Billion"
5-26-2022 Intel Guru MarkZ [via PDK] I am almost afraid to tell you what they are expecting. But right now they are hearing Redemption Day...the day we will actually start redeeming is June 1st...this is what my contacts on the redemption side are hearing. Hopefully this will be accurate
5-26-2022 Newshound Guru Pimpy Article: "Iraq's political stalemate raising changes of Shia on Shia clashes" It looks like it's about to get ugly over there...I'm anticipating a civil war to be honest with you...this is what we don't want. Hopefully a situation will be panned out...if they go to civil war [hopefully] it happens quickly and isn't drawn out for years. As far as Iraqi dinar exchange is concerned - any change of it whatsoever not if there's any type of armed conflict that's for sure...that's the cold hard truth.
5-26-2022 Newshound Guru Samson Article: "The Central Bank : The implementation of the terms of the White Paper revived the Iraqi economy" Quote: "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, confirmed the recovery of the Iraqi economy as a result of the application of the white paper."
5-26-2022 Intel Guru MarkZ [via PDK] Mountain Goat did a good update [Reference Mnt Goat post 5-25-2022] and I’m glad she did because I was afraid to mention these rates… My phone has been lit up today just on the rates...I am hearing the same thing on the rate…between $6 and 6.50. That has been a dominate conversation today with most of my contacts. I am a little excited about that. But the thought of the rate coming out low and floating up makes perfect sense…so don’t panic if that’s the way it happens. [if we got the rates now…we must be close.] I think we are very close now…I still hear the goal is to get this done in the month of May...
5-26-2022 Newshound/Intel Guru Mnt Goat Article: "INCREASING THE CAPITAL OF THE CENTRAL BANK ENHANCES ITS BALANCED MONETARY" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars." we can clearly see that the devaluation of dinar to rebuild the CBI reserves was a strategic move and included in the strategy of the White Paper. Now no one can say there is not Stability and Security...
5-26-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI governor was meeting with the IMF and World Bank and Finance Committee on the mission review for Iraq talking about financial reforms and he talked about exchange rate. FRANK26: It's getting hot in here! This IMO is the culmination of all these meetings. They now have an understanding of what their mission is to accomplish.
5-26-2022 Intel Guru MilitiaMan Article: "Parliamentary Finance Reveals A New Inquiry To The Federal Court Regarding The Food Security Law" We can see there is a seriousness with this emergency food law. The fact that the GOI and the Finance Committees are in talks now, is very important with respect to timing...The law contains a very large financial mechanism...So large they were not given it out, until now... The vote is slated for tomorrow....The street (vulnerable) is in expectation of their constitutional entitlements that are apart of the law... Looks like show time is in close proximity..imo
5-26-2022 Newshound Guru Sandy Ingram Exciting news.. Article: "Iraq Revenues to Exceed $150 Billion"
5-26-2022 Intel Guru MarkZ [via PDK] I am almost afraid to tell you what they are expecting. But right now they are hearing Redemption Day...the day we will actually start redeeming is June 1st...this is what my contacts on the redemption side are hearing. Hopefully this will be accurate
5-26-2022 Newshound Guru Pimpy Article: "Iraq's political stalemate raising changes of Shia on Shia clashes" It looks like it's about to get ugly over there...I'm anticipating a civil war to be honest with you...this is what we don't want. Hopefully a situation will be panned out...if they go to civil war [hopefully] it happens quickly and isn't drawn out for years. As far as Iraqi dinar exchange is concerned - any change of it whatsoever not if there's any type of armed conflict that's for sure...that's the cold hard truth.
5-26-2022 Newshound Guru Samson Article: "The Central Bank : The implementation of the terms of the White Paper revived the Iraqi economy" Quote: "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, confirmed the recovery of the Iraqi economy as a result of the application of the white paper."
5-26-2022 Intel Guru MarkZ [via PDK] Mountain Goat did a good update [Reference Mnt Goat post 5-25-2022] and I’m glad she did because I was afraid to mention these rates… My phone has been lit up today just on the rates...I am hearing the same thing on the rate…between $6 and 6.50. That has been a dominate conversation today with most of my contacts. I am a little excited about that. But the thought of the rate coming out low and floating up makes perfect sense…so don’t panic if that’s the way it happens. [if we got the rates now…we must be close.] I think we are very close now…I still hear the goal is to get this done in the month of May...
5-26-2022 Newshound/Intel Guru Mnt Goat Article: "INCREASING THE CAPITAL OF THE CENTRAL BANK ENHANCES ITS BALANCED MONETARY" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars." we can clearly see that the devaluation of dinar to rebuild the CBI reserves was a strategic move and included in the strategy of the White Paper. Now no one can say there is not Stability and Security...
5-25-2022 Intel Guru MarkZ [via PDK] [Mark, what is your thought that it could go as an RI first then the next day or shortly after it goes to the RV?] I don’t think so…. I think they would have to float it if they did something around those lines. With the move to Basel banking … I believe they limit swings in currency to 20% a year…so I would assume if they go with the NEER rate –it could go from $1.60 to about $1.92 in the first year…then the next year it could possibly go to $2.40…ect…this makes the most sense to me…
5-25-2022 Newshound Guru Pimpy This man is about to make a power move...tactics that...made me chuckle...because it's his way of sticking up the middle finger to...those who are supporting Iran... Article " Iraq : Sadr bets on keeping PM Kadhimi and using political limbo to edge out rival" This is the Prime Minister Sadr wants...you see what he's doing. 'Fine, if they don't want to go into parliament and vote on the president and the Prime Minister, no problem, we'll just keep the ones that are there.' Which is the ones they want in there anyways...
5-25-2022 Newshound Guru Kaperoni Oil prices have nothing to do with the price of the dinar, the price of the dinar is based on the amount of currency in circulation and GDP. Iraq currently has over 100 trillion dinar in circulation.
5-25-2022 Intel Guru Bruce [via WiserNow] ...We had 2 very high up - as high as you can get – in the Treasury – ok – and the person helping him – to get this blessing out to us said that – he really did not see anything else that would be in the way for us to start... ...we should prepare for any time this week all the way up to the first couple days of June...
5-25-2022 Newshound Guru Samson Article: "Finance Minister: Cash reserves will reach more than 90 billion dollars by the end of 2022". Quote: "Iraq is approaching a record cash reserve..."
5-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq made more off auctions last week. A good sign to the strength of the dinar. Oil and Gas Law being presented this week... FRANK: Many of the instruments used to give you purchasing power are being shown to you. The very last things will be a new exchange rate and the new small category notes...the are also showing you the HCL...money is pouring into your country and then will pour into your hands.
5-25-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front overnight. Bankers seem to be in a holding pattern. It is painfully quiet... I think we are just waiting for a “trigger” event...[Do you think we still could go in the month of May?] I still do believe that...
5-25-2022 Newshound Guru Godlover Would they use the food security law & budget for the retirement & SS law? Time will tell. I am still hopeful they bypass the "filler" (temporary) food security law & just focus on implementing the 2022 budget after the completion & announcement of the new government. [Post 2 of 2]
5-25-2022 Newshound Guru Godlover Article: "Parliamentary movement to pass the retirement and social security law" Now this is an interesting article. One would think that the 2022 budget would be needed for the retirement & SS laws to be implemented. With that said, we know from numerous articles that the food security law has a budget with it (hence "synonymous" with the general budget). [Post 1 of 2....stay tuned]
5-25-2022 Newshound/Intel Guru Mnt Goat I am getting information both from Iraq and from the US Treasury indicating that the formation of the new government is close at hand and will be announced soon. The rate of the dinar in the system is now over $6 however I am having a difficult time grasping my arms around this rate. I can not believe they would actually start at this rate. It...will probably come out at around $3+ or maybe low $4. But this is just my observance of studying this situation for over 17 years now.
5-25-2022 Newshound Guru Pimpy This man is about to make a power move...tactics that...made me chuckle...because it's his way of sticking up the middle finger to...those who are supporting Iran... Article " Iraq : Sadr bets on keeping PM Kadhimi and using political limbo to edge out rival" This is the Prime Minister Sadr wants...you see what he's doing. 'Fine, if they don't want to go into parliament and vote on the president and the Prime Minister, no problem, we'll just keep the ones that are there.' Which is the ones they want in there anyways...
5-25-2022 Newshound Guru Kaperoni Oil prices have nothing to do with the price of the dinar, the price of the dinar is based on the amount of currency in circulation and GDP. Iraq currently has over 100 trillion dinar in circulation.
5-25-2022 Intel Guru Bruce [via WiserNow] ...We had 2 very high up - as high as you can get – in the Treasury – ok – and the person helping him – to get this blessing out to us said that – he really did not see anything else that would be in the way for us to start... ...we should prepare for any time this week all the way up to the first couple days of June...
5-25-2022 Newshound Guru Samson Article: "Finance Minister: Cash reserves will reach more than 90 billion dollars by the end of 2022". Quote: "Iraq is approaching a record cash reserve..."
5-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq made more off auctions last week. A good sign to the strength of the dinar. Oil and Gas Law being presented this week... FRANK: Many of the instruments used to give you purchasing power are being shown to you. The very last things will be a new exchange rate and the new small category notes...the are also showing you the HCL...money is pouring into your country and then will pour into your hands.
5-25-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front overnight. Bankers seem to be in a holding pattern. It is painfully quiet... I think we are just waiting for a “trigger” event...[Do you think we still could go in the month of May?] I still do believe that...
5-25-2022 Newshound Guru Godlover Would they use the food security law & budget for the retirement & SS law? Time will tell. I am still hopeful they bypass the "filler" (temporary) food security law & just focus on implementing the 2022 budget after the completion & announcement of the new government. [Post 2 of 2]
5-25-2022 Newshound Guru Godlover Article: "Parliamentary movement to pass the retirement and social security law" Now this is an interesting article. One would think that the 2022 budget would be needed for the retirement & SS laws to be implemented. With that said, we know from numerous articles that the food security law has a budget with it (hence "synonymous" with the general budget). [Post 1 of 2....stay tuned]
5-25-2022 Newshound/Intel Guru Mnt Goat I am getting information both from Iraq and from the US Treasury indicating that the formation of the new government is close at hand and will be announced soon. The rate of the dinar in the system is now over $6 however I am having a difficult time grasping my arms around this rate. I can not believe they would actually start at this rate. It...will probably come out at around $3+ or maybe low $4. But this is just my observance of studying this situation for over 17 years now.
5-24-2022 Newshound Guru Clare Article: "Efforts for a “legal justification” granting Al-Kazemi’s government the authority to send the budget to Parliament" THERE IS AN OPTION TO PASS IT UNDER KAZEMI, WITHOUT THE SEATED NEW GOV...IMO Question: "I understand that it can pass with Kazemi. My question is do we still have to wait for the RV even if the budget is passed due to the fact that there is still a caretaker government?" IMO - NO...BECAUSE IT WILL ALL BE EXPOSED!... THEY WILL RELEASE ALL THEY HAVE BEEN HOLDING BACK FROM THE CITIZENS OR THEY MAY HAVE THE TIMING OF THE NEW GOV WORKED OUT WHERE IT ALL SHOWS TOGETHER...WE SHALL SEE!
5-24-2022 Intel Guru MarkZ [via PDK] [The Nominal Effective Exchange Rate was last said to be about $1.60 per each USD…] Yes Iraq has already addressed this NEER rate….their expectations if it is to go as a nominal effective exchange rate is around $1.60. They have talked about this in their own news, in the banks and government... I still hear it will go at an Re-instatement at a minimum of the mid $3 range…
5-24-2022 Newshound Guru Pimpy Article: "For the seventh consecutive day...Iraq without deaths from the Corona virus" We all know that's good news because it allows them to open up everything and get back to business as usual, as quickly as possible until...
5-24-2022 Newshound Guru Breitling People want to pull their money out now and I understand that but when they start adding value to the currency...how fast can we pull it out? What's the limit per day? ...they're still there. They're still good. And they're still 100% insured. [Post 2 of 2]
5-24-2022 Newshound Guru Breitling Question: "Any word anything happening with Warka [Bank in Iraq]?" All the banks in Iraq are in the exact same position and all their currency is guaranteed by the CBI...the money is still there and it's still backed up. We just got to wait it out...I have a ton of money in Warka so I'm in the same boat. We just have to wait it out and see how these guys open up the doors. [Post 1 of 2....stay tuned]
5-24-2022 Newshound Guru Militiaman So many things that are now working in parallels from taxes, tariffs at borders, the arrests for the corrupt, the pressures from the UN and even...by an International Justice Minister arriving of late. The world is watching and helping all they can along the way...It is looking to be about that time where they put the exchange rate into gear. [Post 2 of 2]
5-24-2022 Newshound Guru Militiaman Article: "Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption" To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well...The UST has this week again noted that there is to be 137 countries that will be applying 15%+- Taxation and all will be digitally applied... Bye bye corruption. [Post 1 of 2]
5-24-2022 Intel Guru MarkZ [via PDK] ...this could be a possible big weekend…it’s a 3 day weekend with Memorial day. The goal was always to release it on a 3 day weekend. We are in a great spot...
5-24-2022 Intel Guru Frank26 Not only the government ATM machines but the private banks of Iraq ATM machines and they also will be talking about the ATMs that are owned abroad around the world internationally ...Why is the CBI going to discuss what they have accomplished with these ATMs not only inside of Iraq but also the ones that are all over the world international in private banks? (Remember the private satellite banks? Good.)... they are talking about the new small category notes. [Post 2 of 2]
5-24-2022 Intel Guru Frank26 IMO there will be two meetings. This will be the CBI, the government of Iraq - Kazemi, Minister of Finance, Minister of Planning, they're going to bring in members of parliament. IMHO on what they are going to be talking about Tuesday and Wednesday and eventually tell you (or not tell you but tell the citizens and you'll get it indirectly from FIREFLY boots on the ground report.) it will be a review/discuss the ATM machines in Iraq. [Post 1 of 2....stay tuned]
5-24-2022 Newshound/Intel Guru Mnt Goat ...Like no time before we are very, very close to the reinstatement. I have proof that the reinstatement was planned for January but was delayed due to security issues that I can not talk about... But now it is May already and I am hearing that all the preparations are in place and the IMF and the US Treasury are just waiting for the final push to do it...
5-24-2022 Newshound/Intel Guru RVAlready Hopefully we keep rolling forward... Hopefully, this is over by the end of May.
5-24-2022 Intel Guru MarkZ [via PDK] [The Nominal Effective Exchange Rate was last said to be about $1.60 per each USD…] Yes Iraq has already addressed this NEER rate….their expectations if it is to go as a nominal effective exchange rate is around $1.60. They have talked about this in their own news, in the banks and government... I still hear it will go at an Re-instatement at a minimum of the mid $3 range…
5-24-2022 Newshound Guru Pimpy Article: "For the seventh consecutive day...Iraq without deaths from the Corona virus" We all know that's good news because it allows them to open up everything and get back to business as usual, as quickly as possible until...
5-24-2022 Newshound Guru Breitling People want to pull their money out now and I understand that but when they start adding value to the currency...how fast can we pull it out? What's the limit per day? ...they're still there. They're still good. And they're still 100% insured. [Post 2 of 2]
5-24-2022 Newshound Guru Breitling Question: "Any word anything happening with Warka [Bank in Iraq]?" All the banks in Iraq are in the exact same position and all their currency is guaranteed by the CBI...the money is still there and it's still backed up. We just got to wait it out...I have a ton of money in Warka so I'm in the same boat. We just have to wait it out and see how these guys open up the doors. [Post 1 of 2....stay tuned]
5-24-2022 Newshound Guru Militiaman So many things that are now working in parallels from taxes, tariffs at borders, the arrests for the corrupt, the pressures from the UN and even...by an International Justice Minister arriving of late. The world is watching and helping all they can along the way...It is looking to be about that time where they put the exchange rate into gear. [Post 2 of 2]
5-24-2022 Newshound Guru Militiaman Article: "Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption" To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well...The UST has this week again noted that there is to be 137 countries that will be applying 15%+- Taxation and all will be digitally applied... Bye bye corruption. [Post 1 of 2]
5-24-2022 Intel Guru MarkZ [via PDK] ...this could be a possible big weekend…it’s a 3 day weekend with Memorial day. The goal was always to release it on a 3 day weekend. We are in a great spot...
5-24-2022 Intel Guru Frank26 Not only the government ATM machines but the private banks of Iraq ATM machines and they also will be talking about the ATMs that are owned abroad around the world internationally ...Why is the CBI going to discuss what they have accomplished with these ATMs not only inside of Iraq but also the ones that are all over the world international in private banks? (Remember the private satellite banks? Good.)... they are talking about the new small category notes. [Post 2 of 2]
5-24-2022 Intel Guru Frank26 IMO there will be two meetings. This will be the CBI, the government of Iraq - Kazemi, Minister of Finance, Minister of Planning, they're going to bring in members of parliament. IMHO on what they are going to be talking about Tuesday and Wednesday and eventually tell you (or not tell you but tell the citizens and you'll get it indirectly from FIREFLY boots on the ground report.) it will be a review/discuss the ATM machines in Iraq. [Post 1 of 2....stay tuned]
5-24-2022 Newshound/Intel Guru Mnt Goat ...Like no time before we are very, very close to the reinstatement. I have proof that the reinstatement was planned for January but was delayed due to security issues that I can not talk about... But now it is May already and I am hearing that all the preparations are in place and the IMF and the US Treasury are just waiting for the final push to do it...
5-24-2022 Newshound/Intel Guru RVAlready Hopefully we keep rolling forward... Hopefully, this is over by the end of May.
5-23-2022 Intel Guru MarkZ [via PDK] There has been more conversations out of Iraq today on how they are needing to move forward with the revaluation of their currency. ...I am looking for any moment now. I really think this is our week or two and could happen at any moment.
5-23-2022 Newshound Guru Kaperoni The IMF has already made it very clear that they want Iraq to build a private sector and diverse economy away from oil allowing the currency to gradually appreciate over time...I think there are two opinions on monetary policy in Iraq. One of which relies on the economic growth and success of Iraq. Then the other one being just an alternative status quo. [Post 2 of 2]
5-23-2022 Newshound Guru Kaperoni ...Guru Breitling thinks that if you believe Iraq is going to LOP you should not be in this investment. That's... smart...for the past 10 months or so the symposiums in Iraq have been educating the citizens about a currency exchange/LOP...it does not necessarily mean that is what is going to occur. In order for them to do a currency exchange, the CBI, IMF and parliament would have to approve such an event. [Post 1 of 2....stay tuned]
5-23-2022 Newshound Guru Sandy Ingram Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "U.S. Energy Information Administration 'Iraq's oil exports to the United States reached an average of 326,000 barrels per day last week" This is excellent news for Iraq...
5-23-2022 Newshound Guru Pimpy Article: "About a billion dollars in bank sales in a week" Nice. This is the auctions that they're talking about. They could just add that much more to the reserves. The auctions - what happens is...the oil is sold in petrol dollars (United States dollars)...then the oil company takes those dollars and gives them to the banks, the banks then auction them off to other countries who pay in their own currency, then Iraq Central Bank takes money from those sales and adds it to the reserves. The stronger the reserve the more they can secure their own economic strength as well as strengthening the Iraqi dinar...
5-23-2022 Intel Guru MarkZ [via PDK] We are waiting to hear more from Iraq. Contacts are watching all fronts…They need to revalue to get political and economic stability. Iraq has already met all the requirements for the IMF. They are also prepared and ready. They need to revalue their currency. Conversations over there believe it will still be in the month of May. So this month is still what they are pushing for.
5-23-2022 Newshound Guru Clare Article: "Increasing the capital of the central bank enhances its balanced monetary policy" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars"
5-23-2022 Newshound Guru MilitiaMan The good report from the IMF, the Global Taxation agreements with 137 countries per the UST, the Iraq border automation for payments and settlements at the ports, borders customs, etc., the AYSCUDA system and the BUNA platforms all ready to go for cross border clearing of currency, thus, we can combine all that with an new exchange rate and the citizens will get what they are waiting for, the HCL. Their share of the wealth and rightfully so they should! imo... the 1/12th payments to run the country has not been implemented, thus, this next few days on the EFL and 2022 budget both being about finance are key... Lets see what they do... [post 2 of 2]
5-23-2022 Newshound Guru MilitiaMan The next Parliament sessions this next week look to be packed with importance...The Oil and Gas Law is on the table...The Emergency Food and Security Law is slated for a second reading come Wednesday and in that week following for a vote... With having an agreement politically to remove the blockage and that the financial side of things are completed, as noted by the recent Mission Accomplished between the CBI and the World Bank... [post 1 of 2....stay tuned]
5-23-2022 Newshound Guru Kaperoni The IMF has already made it very clear that they want Iraq to build a private sector and diverse economy away from oil allowing the currency to gradually appreciate over time...I think there are two opinions on monetary policy in Iraq. One of which relies on the economic growth and success of Iraq. Then the other one being just an alternative status quo. [Post 2 of 2]
5-23-2022 Newshound Guru Kaperoni ...Guru Breitling thinks that if you believe Iraq is going to LOP you should not be in this investment. That's... smart...for the past 10 months or so the symposiums in Iraq have been educating the citizens about a currency exchange/LOP...it does not necessarily mean that is what is going to occur. In order for them to do a currency exchange, the CBI, IMF and parliament would have to approve such an event. [Post 1 of 2....stay tuned]
5-23-2022 Newshound Guru Sandy Ingram Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "U.S. Energy Information Administration 'Iraq's oil exports to the United States reached an average of 326,000 barrels per day last week" This is excellent news for Iraq...
5-23-2022 Newshound Guru Pimpy Article: "About a billion dollars in bank sales in a week" Nice. This is the auctions that they're talking about. They could just add that much more to the reserves. The auctions - what happens is...the oil is sold in petrol dollars (United States dollars)...then the oil company takes those dollars and gives them to the banks, the banks then auction them off to other countries who pay in their own currency, then Iraq Central Bank takes money from those sales and adds it to the reserves. The stronger the reserve the more they can secure their own economic strength as well as strengthening the Iraqi dinar...
5-23-2022 Intel Guru MarkZ [via PDK] We are waiting to hear more from Iraq. Contacts are watching all fronts…They need to revalue to get political and economic stability. Iraq has already met all the requirements for the IMF. They are also prepared and ready. They need to revalue their currency. Conversations over there believe it will still be in the month of May. So this month is still what they are pushing for.
5-23-2022 Newshound Guru Clare Article: "Increasing the capital of the central bank enhances its balanced monetary policy" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars"
5-23-2022 Newshound Guru MilitiaMan The good report from the IMF, the Global Taxation agreements with 137 countries per the UST, the Iraq border automation for payments and settlements at the ports, borders customs, etc., the AYSCUDA system and the BUNA platforms all ready to go for cross border clearing of currency, thus, we can combine all that with an new exchange rate and the citizens will get what they are waiting for, the HCL. Their share of the wealth and rightfully so they should! imo... the 1/12th payments to run the country has not been implemented, thus, this next few days on the EFL and 2022 budget both being about finance are key... Lets see what they do... [post 2 of 2]
5-23-2022 Newshound Guru MilitiaMan The next Parliament sessions this next week look to be packed with importance...The Oil and Gas Law is on the table...The Emergency Food and Security Law is slated for a second reading come Wednesday and in that week following for a vote... With having an agreement politically to remove the blockage and that the financial side of things are completed, as noted by the recent Mission Accomplished between the CBI and the World Bank... [post 1 of 2....stay tuned]
5-22-2022 Newshound Guru Pimpy Yes, I already heard the rumors that somewhere in the 2022 budget the rate change is supposed to happen. There's no indication of that at all. None. A lot of people have been asking me and I said hold tight because I thought well let's go see. Did they say anything about it? There's nothing out there at all that gives us any kind of indication that the budget has included any type of rate change of the dinar. That doesn't mean it's not there. What I'm saying is there's no proof of it...
5-22-2022 Newshound Guru Breitling The Iraqi currency is a real currency. It's not a scam....there is opportunity here...You have your dinar and you protect it tax wise at all cost. That's your guarantee. [Note: Speak to your tax professionals at the appropriate time to create the best tax strategy right for your unique circumstances.]
5-22-2022 Newshound/Intel Guru RVAlready Well, it looks like progress is finally being made on the political impasse in Iraq. I hope this leads to a government and an RV soon. Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV, and Iraq needs to make progress quickly.
5-22-2022 Newshound Guru Kaperoni A country's currency value is not a random act. A country's currency value is determined by GDP, the amount of currency in circulation, the success of a country's economy as well as the type of exchange rate regime such as a float, basket, etc that it's in. Nothing is random.
5-22-2022 Intel Guru MarkZ [Guru] Nader of the middle east...mentioned ...that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates. He also talked about how soon it should be. That was a discussion in Iraq yesterday...in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.
5-22-2022 Newshound Guru Sandy Ingram Article: "OPEC increases Iraq's oil quota" This will allow Iraq's oil revenues to increase even more. OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day in June of 2022.
5-22-2022 Newshound Guru MilitiaMan Article " Khazali reveals that al-Sadr accepted deputies from al-Maliki's coalition to form a government and urges him to take an order" We will be watching closely from here on out...They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don't act they will not survive...follow the money... Leaks suggests there is about 12 billion to watch...IMO.
5-22-2022 Newshound Guru Breitling The Iraqi currency is a real currency. It's not a scam....there is opportunity here...You have your dinar and you protect it tax wise at all cost. That's your guarantee. [Note: Speak to your tax professionals at the appropriate time to create the best tax strategy right for your unique circumstances.]
5-22-2022 Newshound/Intel Guru RVAlready Well, it looks like progress is finally being made on the political impasse in Iraq. I hope this leads to a government and an RV soon. Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV, and Iraq needs to make progress quickly.
5-22-2022 Newshound Guru Kaperoni A country's currency value is not a random act. A country's currency value is determined by GDP, the amount of currency in circulation, the success of a country's economy as well as the type of exchange rate regime such as a float, basket, etc that it's in. Nothing is random.
5-22-2022 Intel Guru MarkZ [Guru] Nader of the middle east...mentioned ...that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates. He also talked about how soon it should be. That was a discussion in Iraq yesterday...in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.
5-22-2022 Newshound Guru Sandy Ingram Article: "OPEC increases Iraq's oil quota" This will allow Iraq's oil revenues to increase even more. OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day in June of 2022.
5-22-2022 Newshound Guru MilitiaMan Article " Khazali reveals that al-Sadr accepted deputies from al-Maliki's coalition to form a government and urges him to take an order" We will be watching closely from here on out...They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don't act they will not survive...follow the money... Leaks suggests there is about 12 billion to watch...IMO.
5-21-2022 Intel Guru MarkZ [via PDK] [Can this drag out for months, maybe years Mark?] I don’t think it could drag out that long. Certainly not years…could it drag out another month or two…yes, possibly…but I don’t see that happening...I think...we are within days…possibly weeks of it happening.
5-21-2022 Newshound Guru Kaperoni Question "...If Oil does continue to sky rocket, does this change anything at all for Iraq or us? It could be a quick way for Iraq to get away from the US dollar and convert their currency" The key for Iraq to add value to their currency is economic diversity and growth...The dollar will always be dominant in Iraq . Especially with oil being the 95% of their revenue.
5-21-2022 Newshound Guru Breitling ...Iraq is going to add value to the currency. And guess what, They're backing it up with the US dollar...If you believe the dinar is going to LOP, there's no reason for you to be in this investment...
5-21-2022 Guru Nader From The Mid East Article quote: "In light of the currency financial abundance, it is unlikely to resort to borrowing...Iraq has begun to feel the positive effect of changing the dollar exchange..." He's talking about the exchange rate. I'm very excited. We're getting there...the CEO of the CBI. When he said something usually works. How long? I don't know. It could be this week, next week, can be two months from now...there's not dates there but it show us they're working on it and I'm very excited. It's a lot of pressure over here...we're putting a lot of pressure on everybody so things are gonna get a little quicker and better...
5-21-2022 Newshound Guru Pimpy Quote: "oil output is projected to reach pre-pandemic levels and bring overall real GDP growth to 10%..." That number keeps going up and up! It was 6.8, then it was like 8 point something and now they're saying 10%...if they manage to get any real GDP growth this year without a government or...budget it's going to be pretty amazing... Quote: "current account balances are projected to post double-digit surpluses in % of GDP." That is awesome. Surplus means they are definitely under budget... [Post 2 of 2]
5-21-2022 Newshound Guru Pimpy Article: "IMF Staff Concludes Staff Visit to Iraq" For people who are invested into the dinar this is the type of thing that we want to see... Quote: "real non-oil GDP rebounded by an estimated 20% and is poised to expand by around 5% this year..." That's exactly what we want to see - expand the non-oil GDP. Remember the budget relies way too much on oil revenue... [Post 1 of 2....stay tuned]
5-21-2022 Intel Guru MarkZ [via PDK] More news from inside Iraq… They are...discussing oil revenues and the abundance coming from it. They also discussed the IMF audits and the need to go ahead (in the very near future) and increase the value of the Iraqi Dinar. I thought this was great news.
5-21-2022 Newshound Guru Clare Article: "Iraq achieves a financial surplus of more than 11.4 trillion dinars in the first quarter of 2022"
5-21-2022 Newshound Guru Kaperoni Question "...If Oil does continue to sky rocket, does this change anything at all for Iraq or us? It could be a quick way for Iraq to get away from the US dollar and convert their currency" The key for Iraq to add value to their currency is economic diversity and growth...The dollar will always be dominant in Iraq . Especially with oil being the 95% of their revenue.
5-21-2022 Newshound Guru Breitling ...Iraq is going to add value to the currency. And guess what, They're backing it up with the US dollar...If you believe the dinar is going to LOP, there's no reason for you to be in this investment...
5-21-2022 Guru Nader From The Mid East Article quote: "In light of the currency financial abundance, it is unlikely to resort to borrowing...Iraq has begun to feel the positive effect of changing the dollar exchange..." He's talking about the exchange rate. I'm very excited. We're getting there...the CEO of the CBI. When he said something usually works. How long? I don't know. It could be this week, next week, can be two months from now...there's not dates there but it show us they're working on it and I'm very excited. It's a lot of pressure over here...we're putting a lot of pressure on everybody so things are gonna get a little quicker and better...
5-21-2022 Newshound Guru Pimpy Quote: "oil output is projected to reach pre-pandemic levels and bring overall real GDP growth to 10%..." That number keeps going up and up! It was 6.8, then it was like 8 point something and now they're saying 10%...if they manage to get any real GDP growth this year without a government or...budget it's going to be pretty amazing... Quote: "current account balances are projected to post double-digit surpluses in % of GDP." That is awesome. Surplus means they are definitely under budget... [Post 2 of 2]
5-21-2022 Newshound Guru Pimpy Article: "IMF Staff Concludes Staff Visit to Iraq" For people who are invested into the dinar this is the type of thing that we want to see... Quote: "real non-oil GDP rebounded by an estimated 20% and is poised to expand by around 5% this year..." That's exactly what we want to see - expand the non-oil GDP. Remember the budget relies way too much on oil revenue... [Post 1 of 2....stay tuned]
5-21-2022 Intel Guru MarkZ [via PDK] More news from inside Iraq… They are...discussing oil revenues and the abundance coming from it. They also discussed the IMF audits and the need to go ahead (in the very near future) and increase the value of the Iraqi Dinar. I thought this was great news.
5-21-2022 Newshound Guru Clare Article: "Iraq achieves a financial surplus of more than 11.4 trillion dinars in the first quarter of 2022"
5-20-2022 Newshound Guru Militiaman Article: "Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption" They have been working on this for some time and are in the advance stages now, imo. Likely to be a key factor now in the implementation of a new exchange rate to come from the CBI.
5-20-2022 Newshound Guru Godlover Article: "Several scenarios in front of Iraq in light of the continuation of the government complex" This is not a scenario I wish to see take place because then it would very likely be a long process. As well, this is where the food security law comes into play, to give their citizens immediate relief until they can get a new seated government & then work on the 2022 budget.
5-20-2022 Intel Guru Bruce [via WiserNow] ...information out of Canada – One of their major banks has given us information that suggests that they are waiting in Canada at their redemption centers for an email Saturday morning that would indicate that they could bring in their staff and have set appointments possibly for exchanges to start as early as this weekend which could be Saturday afternoon/evening or Sunday. Now we don't have that here in the so called lower 48 states - we don't have that yet - but...I don't see Canada going ahead of us or behind us - I think we'll all start at the same time - It's just interesting that the information they got today is pointing towards Saturday - for their notifications to the redemption centers...
5-20-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission" Quote: "...to enhance support for the Iraqi financial sector reforms program... at the head of a high-level delegation from the Central Bank and representatives of the Ministry of Finance...It was agreed to continue joint cooperation between the above-mentioned entities to increase financial depth..." BOOM!!!! (thumbs up)...THEY ARE WRAPPING IT UP...NOT MUCH LONGER TO WAIT!...IMO...
5-20-2022 Guru Nader From The Mid East Small denominations - they're removing the zeros but they didn't show us nothing yet. Nothing is in the street. Nothing. We didn't see nothing on TV. Nothing in the banks. Nothing. They keep talking about about it. Even the bankers I kept talking about they kept saying stuff about it but we don't know...things are moving in the right direction but still a lot to do...
5-20-2022 Intel Guru MarkZ [via PDK] We are hearing fantastic things…
I am hearing very solid that we are in the final days. ...as of Friday Morning…my redemption center contacts in 3 different centers are expecting to work this weekend. I am hearing from a number of sources that this afternoon is going to be magical. I am going to stay grounded because we have been here before and it has not materialized…. I suggest you all do the same...It really does appear we are in the final days.
5-20-2022 Intel Guru BobTheTaxMan Question: "Any word anything happening with Warka [Bank in Iraq]?" ...I've chased them down and saw them so they're still there. They're still functioning. They're working with the CBI to get some things straightened around. They haven't gone anywhere.
5-20-2022 Newshound Guru Breitling Question: "All this political stuff going on trying to establish the government...Do you think it has any correlation with them raising the value?" There's probably 3 or 4 sides, they're all in agreement - They want to add value to the currency...how they're treating banks, the laws that they're passing and all that stuff none of it's being blocked. I can't think of one Iraqi that doesn't want to add value to the currency...They don't need a government to add value to the currency...
5-20-2022 Intel Guru MarkZ [via PDK] I am hearing from 2 Reno sources that...[Friday] afternoon around 4 or 5 Reno times could be the release. Other sources are simply hearing we are very close...Redemption Center folks continue to be told this weekend is finally it and they will be working….
5-20-2022 Newshound/Intel Guru Mnt Goat ...we know now that this blessing upon us is just around the corner...I personally do not see us getting out of this year 2022 without the reinstatement.
5-20-2022 Newshound Guru Godlover Article: "Several scenarios in front of Iraq in light of the continuation of the government complex" This is not a scenario I wish to see take place because then it would very likely be a long process. As well, this is where the food security law comes into play, to give their citizens immediate relief until they can get a new seated government & then work on the 2022 budget.
5-20-2022 Intel Guru Bruce [via WiserNow] ...information out of Canada – One of their major banks has given us information that suggests that they are waiting in Canada at their redemption centers for an email Saturday morning that would indicate that they could bring in their staff and have set appointments possibly for exchanges to start as early as this weekend which could be Saturday afternoon/evening or Sunday. Now we don't have that here in the so called lower 48 states - we don't have that yet - but...I don't see Canada going ahead of us or behind us - I think we'll all start at the same time - It's just interesting that the information they got today is pointing towards Saturday - for their notifications to the redemption centers...
5-20-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission" Quote: "...to enhance support for the Iraqi financial sector reforms program... at the head of a high-level delegation from the Central Bank and representatives of the Ministry of Finance...It was agreed to continue joint cooperation between the above-mentioned entities to increase financial depth..." BOOM!!!! (thumbs up)...THEY ARE WRAPPING IT UP...NOT MUCH LONGER TO WAIT!...IMO...
5-20-2022 Guru Nader From The Mid East Small denominations - they're removing the zeros but they didn't show us nothing yet. Nothing is in the street. Nothing. We didn't see nothing on TV. Nothing in the banks. Nothing. They keep talking about about it. Even the bankers I kept talking about they kept saying stuff about it but we don't know...things are moving in the right direction but still a lot to do...
5-20-2022 Intel Guru MarkZ [via PDK] We are hearing fantastic things…
I am hearing very solid that we are in the final days. ...as of Friday Morning…my redemption center contacts in 3 different centers are expecting to work this weekend. I am hearing from a number of sources that this afternoon is going to be magical. I am going to stay grounded because we have been here before and it has not materialized…. I suggest you all do the same...It really does appear we are in the final days.
5-20-2022 Intel Guru BobTheTaxMan Question: "Any word anything happening with Warka [Bank in Iraq]?" ...I've chased them down and saw them so they're still there. They're still functioning. They're working with the CBI to get some things straightened around. They haven't gone anywhere.
5-20-2022 Newshound Guru Breitling Question: "All this political stuff going on trying to establish the government...Do you think it has any correlation with them raising the value?" There's probably 3 or 4 sides, they're all in agreement - They want to add value to the currency...how they're treating banks, the laws that they're passing and all that stuff none of it's being blocked. I can't think of one Iraqi that doesn't want to add value to the currency...They don't need a government to add value to the currency...
5-20-2022 Intel Guru MarkZ [via PDK] I am hearing from 2 Reno sources that...[Friday] afternoon around 4 or 5 Reno times could be the release. Other sources are simply hearing we are very close...Redemption Center folks continue to be told this weekend is finally it and they will be working….
5-20-2022 Newshound/Intel Guru Mnt Goat ...we know now that this blessing upon us is just around the corner...I personally do not see us getting out of this year 2022 without the reinstatement.
5-19-2022 Newshound Guru MilitiaMan Establishing the border crossing with an automated system with e-governance is key to getting the private sector on a level playing field. The General Authority for Taxes is in line for completion of the needed automation as well. They...are in the advance stages now, imo. Likely to be a key factor now in the implementation of a new exchange rate to come from the CBI. To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well...It is looking to be about that time where they put the exchange rate into gear... imo
5-19-2022 Intel Guru MarkZ [via PDK] Article: “IMF Staff Concludes Staff Visit to Iraq” This is breaking news. It was in a number of news papers and publications. The short version is Iraq is doing exceptional things …Their economy is strong because of oil prices, but they still need to provide food, medicine and security for the poor. I think it’s a push to say Hey-you guys got everything right so now you can take care of that last piece.(RV) ...hopefully this IMF visit was one of the last steps before this release.
5-19-2022 Newshound Guru Godlover ...We await a new government seating or the current government officially announced & then we can see what happens with the 2022 budget. Currently they are on the 1/12 system from the previous years budget & if the FSL [Food Security law ] is passed, it too will be based off of the previous budget & the surplus from high fuel prices, etc. God willing the new government & 2022 budget will happen soon & I pray that we see what we all seek within the 2022 budget.
5-19-2022 Newshound Guru Sandy Ingram Article: "Iraq faces vital services crisis without budget as politically rivals bicker" We have seen major accomplishments in the past couple months however the country appears to be at the end of the road...Iran-backed supporters are not comfortable with the election results...our interest is in Iraq's finance, the Iraqi dinar exchange rate and the progress the country is making towards financial resolution for the currency yet we cannot ignore the fact that much of the finances, if not all of it, is controlled by who is in office...
5-19-2022 Intel Guru MarkZ [via PDK] Many articles out today about the first draft of the Food Security law was voted on and passed…the second has still not happened but being discussed. An interesting view from Nader in the middle east [reference Nader's post 5-19-22] – he does not believe in any way that the rate is in the Food Security bill… I...have one contact in the middle east who told me that no...the rate is not in the Food Security bill...I am waiting to hear back from a couple other sources on this topic to see if I can get something solid. We need to stay grounded on what is realistic and what is just hopium.
5-19-2022 Guru Nader From The Mid East They read the first and the second text before tonight to finish the third text [of the Food Security Law]. That's good news. But...I don't know why they keep saying they got something to do with the exchange rate. This has nothing to do with the exchange rate. We don't even know if it [the new rate] is in the budget. That is the truth. I don't even know what's in the budget. No body knows. They keep saying It's in the budget, yeah, I'm sure something is in the budget but we don't know what it is.
5-19-2022 Newshound Guru Adam Montana ...The fundamentals that first got me into the Dinar are still there, and in fact, they are stronger than they were when I first got in. I'm sticking this one out. GO RRRRVVVVV!!!
5-19-2022 Intel Guru MarkZ [via PDK] Article: “IMF Staff Concludes Staff Visit to Iraq” This is breaking news. It was in a number of news papers and publications. The short version is Iraq is doing exceptional things …Their economy is strong because of oil prices, but they still need to provide food, medicine and security for the poor. I think it’s a push to say Hey-you guys got everything right so now you can take care of that last piece.(RV) ...hopefully this IMF visit was one of the last steps before this release.
5-19-2022 Newshound Guru Godlover ...We await a new government seating or the current government officially announced & then we can see what happens with the 2022 budget. Currently they are on the 1/12 system from the previous years budget & if the FSL [Food Security law ] is passed, it too will be based off of the previous budget & the surplus from high fuel prices, etc. God willing the new government & 2022 budget will happen soon & I pray that we see what we all seek within the 2022 budget.
5-19-2022 Newshound Guru Sandy Ingram Article: "Iraq faces vital services crisis without budget as politically rivals bicker" We have seen major accomplishments in the past couple months however the country appears to be at the end of the road...Iran-backed supporters are not comfortable with the election results...our interest is in Iraq's finance, the Iraqi dinar exchange rate and the progress the country is making towards financial resolution for the currency yet we cannot ignore the fact that much of the finances, if not all of it, is controlled by who is in office...
5-19-2022 Intel Guru MarkZ [via PDK] Many articles out today about the first draft of the Food Security law was voted on and passed…the second has still not happened but being discussed. An interesting view from Nader in the middle east [reference Nader's post 5-19-22] – he does not believe in any way that the rate is in the Food Security bill… I...have one contact in the middle east who told me that no...the rate is not in the Food Security bill...I am waiting to hear back from a couple other sources on this topic to see if I can get something solid. We need to stay grounded on what is realistic and what is just hopium.
5-19-2022 Guru Nader From The Mid East They read the first and the second text before tonight to finish the third text [of the Food Security Law]. That's good news. But...I don't know why they keep saying they got something to do with the exchange rate. This has nothing to do with the exchange rate. We don't even know if it [the new rate] is in the budget. That is the truth. I don't even know what's in the budget. No body knows. They keep saying It's in the budget, yeah, I'm sure something is in the budget but we don't know what it is.
5-19-2022 Newshound Guru Adam Montana ...The fundamentals that first got me into the Dinar are still there, and in fact, they are stronger than they were when I first got in. I'm sticking this one out. GO RRRRVVVVV!!!
5-18-2022 Intel Guru Bruce [via WiserNow] I think any day this week...is going to be an important day for us – one way or another and it may be that this thing happens before Friday for us...it’s hard to get confirmation...there is a new higher level of a gag order...and they have tightened up their NDA’s for employees of the banks as well... I feel like we are moving in the direction... Let’s see what happens in the next few days...
5-18-2022 Intel Guru MarkZ [via PDK] [I heard the rate is $6 or greater...] it could be…a lot of people talk about the amount of currency in circulation…they have removed $40-$50 Trillion dinar from circulation over the last 9 months. [Why did they remove so much dinar from circulation?] Mostly it was cleaning up corruption...They have now thinned the number of dinar in circulation so they can justify a higher rate.
5-18-2022 Newshound Guru Kaperoini [some] say published news about deleting 3 zeros in Iraq is some magical riches event, it's not! It's a new currency change and neutral event LOP. We have to hope the Iraqi government continues two table such an idea and build a private sector economy allowing the currency to appreciate over time. A much better solution. [Post 2 of 2]
5-18-2022 Newshound Guru Kaperoni More than likely Iraq will do what they have been proposing and educating the citizens on which is a neutral event LOP. The other alternative is slow growth or appreciation as the economy grows...A gradual appreciation over time would also allow the central bank to manage the currency in circulation and reduce it as it appreciates in value... [Post 1 of 2....stay tuned]
5-18-2022 Newshound Guru Militiaman The sharing of the wealth with the citizens is a minimum.. imo...The pressure now has to be very heavy on those that are not supporting Sadr. Those that may be close to losing immunity, have to read the UN report to mean exactly what the world expects. Justice. Get the systems live now and allow the system to work for the citizens, the region and the world at large...Lets see if the powers at be have jumped started the process with the use of the call for urgency... [Post 2 of 2]
5-18-2022 Newshound Guru Militiaman Article: "Blackshardt to the Security Council: Popular discontent in Iraq may get out of control at any moment" A scathing report from the UN...the business side of things to go international are ready and in place...the urgency to get the state in order and to press for political will to overcome differences is the focus now...The country is well outside their constitutional boundaries politically now, imo.. The UN knows it, we know it, the citizens know it and are even in the streets wanting exactly what the UN stated tonight. [Post 1 of 2....stay tuned]
5-18-2022 Intel Guru MarkZ [via PDK] We are supposed to have a second reading of the Food Security Law at some point today. I do not have any results yet or whether they have scheduled a third reading yet. I am still being told by my contacts inside Iraq that this is one of the key pieces we need to get a new rate...hopefully we will get that news at any moment.
5-18-2022 Newshound Guru Godlover The idea for this FSL was intended to be used until the budget law is passed. This would indicate that they expect a slow process to seating a new or old government & then working to send & pass the 2022 budget. Also keep in mind that the FSL law is funded off surplus, etc from the previous years budget. The same budget they are using the month to month. [Post 2 of 2]
5-18-2022 Newshound Guru Godlover Community Comment "...article statements give the support to the NEW Food bill being presented, and we all know the Budget Law 2022 will be required at some point..." The food security law & the 2022 budget are two separate animals imo. Many articles have made it clear that the food security law is an "emergency" law. Something I personally don't think is a positive indication as far as the 2022 budget being passed anytime soon. [Post 1 of 2]
5-18-2022 Newshound Guru Pimpy This is great news of course. Article: "Iraq's Oil, Gas Production to Increase By $17 Billion In Coming Years" That's more money to Iraq, more money to the government to build more of the private sector to get them less reliant on oil to fund their budgets, give them a secured economy, strengthening up the dinar. First they got to straighten up the government...
5-18-2022 Newshound/Intel Guru Mnt Goat So, Iraq currently has two main ongoing critical sagas now taking place... The first is the elections and forming the new government...I want everyone to remember that months ago the CBI told us that the initiative to complete the currency changeover and thus later the reinstatement, was approved and just waiting for the president to be announced and then the rest of the political process to form the government to follow. The second is getting the 2022 budget.
5-18-2022 Intel Guru MarkZ [via PDK] [I heard the rate is $6 or greater...] it could be…a lot of people talk about the amount of currency in circulation…they have removed $40-$50 Trillion dinar from circulation over the last 9 months. [Why did they remove so much dinar from circulation?] Mostly it was cleaning up corruption...They have now thinned the number of dinar in circulation so they can justify a higher rate.
5-18-2022 Newshound Guru Kaperoini [some] say published news about deleting 3 zeros in Iraq is some magical riches event, it's not! It's a new currency change and neutral event LOP. We have to hope the Iraqi government continues two table such an idea and build a private sector economy allowing the currency to appreciate over time. A much better solution. [Post 2 of 2]
5-18-2022 Newshound Guru Kaperoni More than likely Iraq will do what they have been proposing and educating the citizens on which is a neutral event LOP. The other alternative is slow growth or appreciation as the economy grows...A gradual appreciation over time would also allow the central bank to manage the currency in circulation and reduce it as it appreciates in value... [Post 1 of 2....stay tuned]
5-18-2022 Newshound Guru Militiaman The sharing of the wealth with the citizens is a minimum.. imo...The pressure now has to be very heavy on those that are not supporting Sadr. Those that may be close to losing immunity, have to read the UN report to mean exactly what the world expects. Justice. Get the systems live now and allow the system to work for the citizens, the region and the world at large...Lets see if the powers at be have jumped started the process with the use of the call for urgency... [Post 2 of 2]
5-18-2022 Newshound Guru Militiaman Article: "Blackshardt to the Security Council: Popular discontent in Iraq may get out of control at any moment" A scathing report from the UN...the business side of things to go international are ready and in place...the urgency to get the state in order and to press for political will to overcome differences is the focus now...The country is well outside their constitutional boundaries politically now, imo.. The UN knows it, we know it, the citizens know it and are even in the streets wanting exactly what the UN stated tonight. [Post 1 of 2....stay tuned]
5-18-2022 Intel Guru MarkZ [via PDK] We are supposed to have a second reading of the Food Security Law at some point today. I do not have any results yet or whether they have scheduled a third reading yet. I am still being told by my contacts inside Iraq that this is one of the key pieces we need to get a new rate...hopefully we will get that news at any moment.
5-18-2022 Newshound Guru Godlover The idea for this FSL was intended to be used until the budget law is passed. This would indicate that they expect a slow process to seating a new or old government & then working to send & pass the 2022 budget. Also keep in mind that the FSL law is funded off surplus, etc from the previous years budget. The same budget they are using the month to month. [Post 2 of 2]
5-18-2022 Newshound Guru Godlover Community Comment "...article statements give the support to the NEW Food bill being presented, and we all know the Budget Law 2022 will be required at some point..." The food security law & the 2022 budget are two separate animals imo. Many articles have made it clear that the food security law is an "emergency" law. Something I personally don't think is a positive indication as far as the 2022 budget being passed anytime soon. [Post 1 of 2]
5-18-2022 Newshound Guru Pimpy This is great news of course. Article: "Iraq's Oil, Gas Production to Increase By $17 Billion In Coming Years" That's more money to Iraq, more money to the government to build more of the private sector to get them less reliant on oil to fund their budgets, give them a secured economy, strengthening up the dinar. First they got to straighten up the government...
5-18-2022 Newshound/Intel Guru Mnt Goat So, Iraq currently has two main ongoing critical sagas now taking place... The first is the elections and forming the new government...I want everyone to remember that months ago the CBI told us that the initiative to complete the currency changeover and thus later the reinstatement, was approved and just waiting for the president to be announced and then the rest of the political process to form the government to follow. The second is getting the 2022 budget.
5-17-2022 Newshound Guru Militiaman As for when it will happen is always a question in many peoples minds...The whole process is unique...We can see that by the likes of the WB, the IMF, the AMF, the G7, G20+, WTO, AYSCUDA, BUNA, CRS2, ISO20022 digital platforms and or systems, etc.. Interlinking all those entities while trying to sort a convoluted process of seating the government to have credibility is directly in the forefront today. They'll all need that to have the confidence needed for investors to have security and stability.
5-17-2022 Intel Guru MarkZ [via PDK] ...the first reading of the Food Security law has happened. They will read a bill 3 times and it is already receiving overwhelming support. The second reading is tomorrow. I do not know how quickly we will get a third reading. When the last reading is done and passed…contacts in Iraq tell me that is when we will get the new rate…This is what I am told from people that work inside Iraq and involved with the Finance Ministry. This is fantastic news...
5-17-2022 Intel Guru Sheila [via MarkZ] ...standing by for notifications and is hearing this is our week...
5-17-2022 Newshound Guru Kaperoni ...There is no exchange in Reno. The only exchanges that have talked about in Reno were scams and people lost their funds.
5-17-2022 Newshound Guru Clare Article: "The Iraqi parliament sets tomorrow, Wednesday, the first reading of the Food Security Law"
5-17-2022 Intel Guru MarkZ [via PDK] [what is the first reading of the food security law which is scheduled for tomorrow. Is that a Vote?] It could be a vote…we don’t know at this time. They are expected to read it and possibly approve it if there are no changes made. We are also hearing they are to present several candidates to set their government tomorrow. So we expect tomorrow to be a big day in Iraqi politics.
5-17-2022 Newshound Guru Pimpy Let's review again the criteria necessary to change the exchange rate. You have to have a stable government. Do we have one? No. The other one is you have to have a safe and stable country. Does Iraq have a safe and stable country? Well they're launching missiles - I'm gonna go out on a limb and say no they don't. Will all the fighting with political members and people launching missiles at one another it makes it really hard to change the exchange rate. You have to have a country outside investors feel comfortable and safe about investing into.
5-17-2022 Newshound/Intel Guru Mnt Goat ...in 2011 the plan was laid out in an article by the CBI. So far they have stuck to this plan. We have seen all the necessary banking reforms, the completion of payment of war debt to Kuwait and all the necessary ties into the international investment arena so that the dinar could be used internationally. Why would they bother to do all this if they were not going to reinstate the dinar and trade the dinar internationally? ...This reinstatement is coming as there is just too many past events that paved the way to it already to doubt...This is the perfect time for the reinstatement of the dinar.
5-17-2022 Newshound Guru Sandy Ingram Community comment "Oil has nothing to do with Iraq's revalue, float or whatever they're going to do." ...This could not be further from the truth...a county's finances has everything to do with the foreign exchange rate thus we talk about Iraq's huge oil revenue and how they are adding to their streams of income. It looks like Iraq's income is about to become even larger...
5-17-2022 Intel Guru MarkZ [via PDK] [Will there be state taxes on the RV?] I don’t believe there will be any State taxes on the RV…i may be wrong…so best to be prepared just in case. [NOTE: Always check with your tax professional at the appropriate time to determine your taxes for your unique circumstances.]
5-17-2022 Intel Guru MarkZ [via PDK] ...the first reading of the Food Security law has happened. They will read a bill 3 times and it is already receiving overwhelming support. The second reading is tomorrow. I do not know how quickly we will get a third reading. When the last reading is done and passed…contacts in Iraq tell me that is when we will get the new rate…This is what I am told from people that work inside Iraq and involved with the Finance Ministry. This is fantastic news...
5-17-2022 Intel Guru Sheila [via MarkZ] ...standing by for notifications and is hearing this is our week...
5-17-2022 Newshound Guru Kaperoni ...There is no exchange in Reno. The only exchanges that have talked about in Reno were scams and people lost their funds.
5-17-2022 Newshound Guru Clare Article: "The Iraqi parliament sets tomorrow, Wednesday, the first reading of the Food Security Law"
5-17-2022 Intel Guru MarkZ [via PDK] [what is the first reading of the food security law which is scheduled for tomorrow. Is that a Vote?] It could be a vote…we don’t know at this time. They are expected to read it and possibly approve it if there are no changes made. We are also hearing they are to present several candidates to set their government tomorrow. So we expect tomorrow to be a big day in Iraqi politics.
5-17-2022 Newshound Guru Pimpy Let's review again the criteria necessary to change the exchange rate. You have to have a stable government. Do we have one? No. The other one is you have to have a safe and stable country. Does Iraq have a safe and stable country? Well they're launching missiles - I'm gonna go out on a limb and say no they don't. Will all the fighting with political members and people launching missiles at one another it makes it really hard to change the exchange rate. You have to have a country outside investors feel comfortable and safe about investing into.
5-17-2022 Newshound/Intel Guru Mnt Goat ...in 2011 the plan was laid out in an article by the CBI. So far they have stuck to this plan. We have seen all the necessary banking reforms, the completion of payment of war debt to Kuwait and all the necessary ties into the international investment arena so that the dinar could be used internationally. Why would they bother to do all this if they were not going to reinstate the dinar and trade the dinar internationally? ...This reinstatement is coming as there is just too many past events that paved the way to it already to doubt...This is the perfect time for the reinstatement of the dinar.
5-17-2022 Newshound Guru Sandy Ingram Community comment "Oil has nothing to do with Iraq's revalue, float or whatever they're going to do." ...This could not be further from the truth...a county's finances has everything to do with the foreign exchange rate thus we talk about Iraq's huge oil revenue and how they are adding to their streams of income. It looks like Iraq's income is about to become even larger...
5-17-2022 Intel Guru MarkZ [via PDK] [Will there be state taxes on the RV?] I don’t believe there will be any State taxes on the RV…i may be wrong…so best to be prepared just in case. [NOTE: Always check with your tax professional at the appropriate time to determine your taxes for your unique circumstances.]
5-16-2022 Newshound Guru CharlieOK Because it puts more pressure on forming a real govt. And, if that is unable to be done, and a CG is formed, it takes you right back to the budget which is ALREADY enacted. The CG simply uses funds from the budget and goes on down the road...I can't wait to see if a scenario of a CG running Iraq off of the already enacted and approved budget, is good enough for the CBI. If not, the can look like it has been kicked. [post 2 of 2]
5-16-2022 Newshound Guru CharlieOK Just saw the article...on the federal court's latest revelation. On the surface it seems like it might be a good thing. Looks like there is more pressure than ever to form a real govt...not a caretaker govt. If the CG [caretaker govt.] is formed, the enactment of the food law would be illegal according to the federal court. The federal court said a caretaker govt. can NOT enact laws. Why is this a good thing, then?... [post 1 of 2....stay tuned]
5-16-2022 Newshound Guru NORV [aka Kaperoni] "The Iraqi Journal of Economic Sciences publishes an article on the Iraqi dinar between the polemics of flotation and devaluation" ...appears they are fighting between floating and a LOP... Quote: "The debate remained among some economists about the importance of the Central Bank of Iraq resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value of the Iraqi dinar overnight..."
5-16-2022 Intel Guru MarkZ [via PDK] [Reference Mnt Goat post 5-15-2022] I agree 100% with this…i am hearing the same thing from sources in Iraq. Lots coming out of iraq about lower denominations being released…Deleting the zeros has been talked about in all kinds of paperwork, press releases, government statements…the value goes up and then the zeros go away….this is why they will need lower denominations.
5-16-2022 Newshound Guru MilitiaMan When the Central Bank talks we should listen. They use the wording 'advanced stage' now.. They use the terms 'Market Economy' now.. Well, once Article VIII with a new rate they'll have the Entitlements and Food Security in the bag... Very promising and timely article. imo [Post 2 of 2]
5-16-2022 Newshound Guru MilitiaMan "The Central Bank of Iraq 75 years in the face of economic challenges" The take away I see is they have accomplished the necessary goals to get them to the advanced stage of going into a market economy...They have been taken out of the Gray area, removed from sanctions of Chapter VII, accomplished E-Government, E-Payments and Automated the borders and ports and increased revenues outside of oil... [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru MarkZ [via PDK] On the banking side – I am being told there is an 11AM meeting today in Reno as they work through details of the schedule. I was told that all rates are set. The schedule is set…we just do not know what it is yet... ...I heard this from many contacts on multiple continents…that some folks in those earlier tiers were receiving real dollars over the weekend...All in all this was a very exciting weekend. The only thing that would make it better is us making appointments and going to the banks.
5-16-2022 Newshound Guru Pimpy Remember you need a steady government, one that's not corrupt, a steady economy, strong GDP, your country has to be able to attract outside investors who are interesting in investing into your country and the future prospects have to look really good. You also have to have a strengthening currency. All the possibilities are there for Iraq... [Post 2 of 2]
5-16-2022 Newshound Guru Pimpy Unlike when Al-Kazemi took over as Prime Minister he had a short term...about two years in office. Once the government is formed they are going to have a normal four years to get business done. Depending on what government they get in there will make a world of difference as to whether or not the exchange rate is going to change. [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru Holly ...Certain things transpired over the weekend to move the RV forward. This was huge and we should see the release finally...
5-16-2022 Intel Guru Frank26 Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" EVERYONE IS AT THIS MEETING IMF, WB, CBI, FM, ETC
5-16-2022 Newshound/Intel Guru Mnt Goat Article: "RICH” IN MONEY AND “POVERTY” IN PLANNING.. IRAQ’S REVENUES EXCEED ITS
EXPENSES BY 200% DURING THE FIRST THIRD OF THE YEAR" Do you know just of fantastic this news really is? WOW! WOW! One more step towards more evidence this is moving ahead.
5-16-2022 Newshound Guru CharlieOK Just saw the article...on the federal court's latest revelation. On the surface it seems like it might be a good thing. Looks like there is more pressure than ever to form a real govt...not a caretaker govt. If the CG [caretaker govt.] is formed, the enactment of the food law would be illegal according to the federal court. The federal court said a caretaker govt. can NOT enact laws. Why is this a good thing, then?... [post 1 of 2....stay tuned]
5-16-2022 Newshound Guru NORV [aka Kaperoni] "The Iraqi Journal of Economic Sciences publishes an article on the Iraqi dinar between the polemics of flotation and devaluation" ...appears they are fighting between floating and a LOP... Quote: "The debate remained among some economists about the importance of the Central Bank of Iraq resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value of the Iraqi dinar overnight..."
5-16-2022 Intel Guru MarkZ [via PDK] [Reference Mnt Goat post 5-15-2022] I agree 100% with this…i am hearing the same thing from sources in Iraq. Lots coming out of iraq about lower denominations being released…Deleting the zeros has been talked about in all kinds of paperwork, press releases, government statements…the value goes up and then the zeros go away….this is why they will need lower denominations.
5-16-2022 Newshound Guru MilitiaMan When the Central Bank talks we should listen. They use the wording 'advanced stage' now.. They use the terms 'Market Economy' now.. Well, once Article VIII with a new rate they'll have the Entitlements and Food Security in the bag... Very promising and timely article. imo [Post 2 of 2]
5-16-2022 Newshound Guru MilitiaMan "The Central Bank of Iraq 75 years in the face of economic challenges" The take away I see is they have accomplished the necessary goals to get them to the advanced stage of going into a market economy...They have been taken out of the Gray area, removed from sanctions of Chapter VII, accomplished E-Government, E-Payments and Automated the borders and ports and increased revenues outside of oil... [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru MarkZ [via PDK] On the banking side – I am being told there is an 11AM meeting today in Reno as they work through details of the schedule. I was told that all rates are set. The schedule is set…we just do not know what it is yet... ...I heard this from many contacts on multiple continents…that some folks in those earlier tiers were receiving real dollars over the weekend...All in all this was a very exciting weekend. The only thing that would make it better is us making appointments and going to the banks.
5-16-2022 Newshound Guru Pimpy Remember you need a steady government, one that's not corrupt, a steady economy, strong GDP, your country has to be able to attract outside investors who are interesting in investing into your country and the future prospects have to look really good. You also have to have a strengthening currency. All the possibilities are there for Iraq... [Post 2 of 2]
5-16-2022 Newshound Guru Pimpy Unlike when Al-Kazemi took over as Prime Minister he had a short term...about two years in office. Once the government is formed they are going to have a normal four years to get business done. Depending on what government they get in there will make a world of difference as to whether or not the exchange rate is going to change. [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru Holly ...Certain things transpired over the weekend to move the RV forward. This was huge and we should see the release finally...
5-16-2022 Intel Guru Frank26 Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" EVERYONE IS AT THIS MEETING IMF, WB, CBI, FM, ETC
5-16-2022 Newshound/Intel Guru Mnt Goat Article: "RICH” IN MONEY AND “POVERTY” IN PLANNING.. IRAQ’S REVENUES EXCEED ITS
EXPENSES BY 200% DURING THE FIRST THIRD OF THE YEAR" Do you know just of fantastic this news really is? WOW! WOW! One more step towards more evidence this is moving ahead.
5-15-2022 Newshound Guru Militiaman Question: "what ever happened to to thurs big meeting with sadr cbi and kazammi?" That is a good question... We have not yet heard if the meeting between Sadr, the FM and the CBI Gov. happened or not. We do know and have recently seen that news of important factual items and or issues are late in being reported.
5-15-2022 Guru Nader From The Mid East It's gonna be a lot of changes. Until the end of week you will see a change of parliament, change of CBI people, change health department, education, of everything. Everything is going to be changing. The only thing they are not going to f%$$#$ change (sorry about my language) is the money. We're still waiting. And waiting. And waiting. They're talking about having a new currency...They didn't show us anything yet...next week I think more news gonna come out. Better news. Important news...
5-15-2022 Newshound Guru Kaperoni The latest articles I've seen indicate Iraq now has over 103 trillion dinar in circulation, one report states 50 trillion is in the homes of Iraqi citizens because they don't have confidence in the banks. Even the idea that Iraq could significantly RV the Iraqi dinar with that much currency in circulation is nonsense...Iraq's entire net worth including minerals and oil in the ground is $16 trillion dollars.
5-15-2022 Newshound Guru Sandy Ingram Question: "Which banks take Iraq dinar at this date and time?" In this article "What Banks Take Iraqi Dinar?" we learned that there are 3 banks that you can exchange Iraqi dinar in the Middle East. The central Bank, The National Bank of Jordan and the National Bank of Kuwait are 3 banks where you can exchange the Iraqi dinar. So if a group is traveling and it's not safe or it's not feasible to go directly into Baghdad then Jordan or Kuwait is an option. At least that is how it stands today...
5-15-2022 Intel Guru Frank26 Is there something else needed for us to have the RI? Sit the government.
5-15-2022 Newshound Guru Militiaman Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" ...The part of this that may get over looked is that it is rate oriented. Notice they don't mention it. They can't. But, they will. imo Like they said. The Emergency Food Law is "Synonymous" with the 2022 Budget Law. Get ready.. imo.
5-15-2022 Newshound/Intel Guru Mnt Goat ...I...made a call to the CBI and learned that they are planning the project to delete the zeros sometime in late May or early June. This was as much details as they would give...we may very well see this move quickly once the president is voted on. I am hearing all is set to go for the reinstatement. All have a “green light”. So, the plan is laid only we don’t know about the entire plan. It is set for much sooner than later...I do not want to over-speculate but things are really lining up.
5-15-2022 Guru Nader From The Mid East It's gonna be a lot of changes. Until the end of week you will see a change of parliament, change of CBI people, change health department, education, of everything. Everything is going to be changing. The only thing they are not going to f%$$#$ change (sorry about my language) is the money. We're still waiting. And waiting. And waiting. They're talking about having a new currency...They didn't show us anything yet...next week I think more news gonna come out. Better news. Important news...
5-15-2022 Newshound Guru Kaperoni The latest articles I've seen indicate Iraq now has over 103 trillion dinar in circulation, one report states 50 trillion is in the homes of Iraqi citizens because they don't have confidence in the banks. Even the idea that Iraq could significantly RV the Iraqi dinar with that much currency in circulation is nonsense...Iraq's entire net worth including minerals and oil in the ground is $16 trillion dollars.
5-15-2022 Newshound Guru Sandy Ingram Question: "Which banks take Iraq dinar at this date and time?" In this article "What Banks Take Iraqi Dinar?" we learned that there are 3 banks that you can exchange Iraqi dinar in the Middle East. The central Bank, The National Bank of Jordan and the National Bank of Kuwait are 3 banks where you can exchange the Iraqi dinar. So if a group is traveling and it's not safe or it's not feasible to go directly into Baghdad then Jordan or Kuwait is an option. At least that is how it stands today...
5-15-2022 Intel Guru Frank26 Is there something else needed for us to have the RI? Sit the government.
5-15-2022 Newshound Guru Militiaman Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" ...The part of this that may get over looked is that it is rate oriented. Notice they don't mention it. They can't. But, they will. imo Like they said. The Emergency Food Law is "Synonymous" with the 2022 Budget Law. Get ready.. imo.
5-15-2022 Newshound/Intel Guru Mnt Goat ...I...made a call to the CBI and learned that they are planning the project to delete the zeros sometime in late May or early June. This was as much details as they would give...we may very well see this move quickly once the president is voted on. I am hearing all is set to go for the reinstatement. All have a “green light”. So, the plan is laid only we don’t know about the entire plan. It is set for much sooner than later...I do not want to over-speculate but things are really lining up.
5-14-2022 Newshound Guru MarkZ [via PDK] [how long will we have to exchange?] I am still hearing we will have 10 days to set appointments and 30 days to exchange.
5-14-2022 Newshound/Intel Guru Paulette IMO, we await Sadr to make his move to move forward to get the government formed...there is a seated Parliament but a Caretaker government...the Caretaker government is not fully authorized to carry out all functions and thus can only enact emergency measures to keep the country safe and running. They are NOT authorized to send the budget...
5-14-2022 Newshound Guru MilitiaMan Having the HCL, Article 140 being talked about...and the citizens entitlements we should all be very happy that the citizens are about to get what they deserve. With having purchasing power ( Protection ) the citizens will have consistent payments and they'll be able to afford many things and food is one of them... imo HCL is all about money from oil and other assets. That will require an international calculation for the new exchange rate. That imo is why it is an important law...imo
5-14-2022 Intel Guru Wolverine ...We are really close that’s all I can tell you...
5-14-2-22 Newshound Guru Clare Article: "Parliament postpones the session of the Food Security Law"
5-14-2022 Newshound/Intel Guru Mnt Goat Article: "MAHMOUD DAGHER EXPLAINS THE ECONOMIC FEASIBILITY OF REMOVING ZEROS FROM THE LOCAL CURRENCY" As I said we would see more articles on promoting the project to delete the zeros, which we all know must take place prior to or around the same time of the reinstatement.
5-14-2022 Newshound Guru MarkZ [via PDK] I was told the vote was pushed back until Monday and to expect great things out of Iraq on Monday. I was told there was a few last minute negotiations to finish up for seating the government. Iraqi sources said this morning to “not panic” …we all hope they do not kick the can any further than that. ...The UN has paperwork filed…the IMF and many worldwide banking agencies are leaning on Iraq and telling them to finish changing the value.
5-14-2022 Newshound Guru Godlover Article: "America announces the allocation of 140 million dollars to support businesses in Iraq" This article has some good, bad & interesting imo The good: Money to stimulate the private sector. The bad: USD instead of their own currency. The interesting: We hear that Iraq does not want to peg to the USD because it is so weak, yet they flood Iraq in USD. Also, if Iraq were to stay pegged to the USD & released their monetary reform, one would think that in itself would strengthen the USD.
5-14-2022 Newshound Guru Pimpy They're [Iraq] is gonna have a lot of extra money this year. It's projected that they'll have 26 billion extra dollars. There's a lot they could do with this. Man I can only imagine what Iraq is going to be like in the future as long as they can see from fighting with one another.
5-14-2022 Intel Guru Bruce [via WiserNow] we know that Iraq was supposed to put out their new rates today and also seat their new Parliament and new Prime Minister – that did NOT happen...The good news is that on Saturday Iraq will seat their government and their new Prime Minister and on Sunday...the 15th they will put out their new Iraqi Dinar rates and increase their in country rate to around $6...ours will be much higher - and they will put out that rate on Sunday...the 15th...is the day that the UN operational rates change for all currencies...what I’ve been told from redemption center staff is next week should be a great week for us...
5-14-2022 Newshound Guru Militiaman Article: "Parliamentary Finance: The Food Security Law is not a substitute for the 2022 budget" ...it is like they have allowed the emergency food law to be a rider if you will. It is in place for the citizens and once they seat the government when ever that may be, the 2022 budget kicks in. They are synonymous. Nothing changes...Imo, the emergency food law, the 2022 budget law...are rate sensitive.
5-14-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's coalition "questions" the legitimacy of the Al-Kazemi government and "reserves" the Food Security Law " They can and will do whatever is necessary to run the government until further notice...they have a government. Until there is a replacement. There is no vacuum left in place of the government. The only ones hollering are Maliki and his cronies because they are being left out. Since yesterday it appears everyone else is on board. imo
5-14-2022 Newshound/Intel Guru Paulette IMO, we await Sadr to make his move to move forward to get the government formed...there is a seated Parliament but a Caretaker government...the Caretaker government is not fully authorized to carry out all functions and thus can only enact emergency measures to keep the country safe and running. They are NOT authorized to send the budget...
5-14-2022 Newshound Guru MilitiaMan Having the HCL, Article 140 being talked about...and the citizens entitlements we should all be very happy that the citizens are about to get what they deserve. With having purchasing power ( Protection ) the citizens will have consistent payments and they'll be able to afford many things and food is one of them... imo HCL is all about money from oil and other assets. That will require an international calculation for the new exchange rate. That imo is why it is an important law...imo
5-14-2022 Intel Guru Wolverine ...We are really close that’s all I can tell you...
5-14-2-22 Newshound Guru Clare Article: "Parliament postpones the session of the Food Security Law"
5-14-2022 Newshound/Intel Guru Mnt Goat Article: "MAHMOUD DAGHER EXPLAINS THE ECONOMIC FEASIBILITY OF REMOVING ZEROS FROM THE LOCAL CURRENCY" As I said we would see more articles on promoting the project to delete the zeros, which we all know must take place prior to or around the same time of the reinstatement.
5-14-2022 Newshound Guru MarkZ [via PDK] I was told the vote was pushed back until Monday and to expect great things out of Iraq on Monday. I was told there was a few last minute negotiations to finish up for seating the government. Iraqi sources said this morning to “not panic” …we all hope they do not kick the can any further than that. ...The UN has paperwork filed…the IMF and many worldwide banking agencies are leaning on Iraq and telling them to finish changing the value.
5-14-2022 Newshound Guru Godlover Article: "America announces the allocation of 140 million dollars to support businesses in Iraq" This article has some good, bad & interesting imo The good: Money to stimulate the private sector. The bad: USD instead of their own currency. The interesting: We hear that Iraq does not want to peg to the USD because it is so weak, yet they flood Iraq in USD. Also, if Iraq were to stay pegged to the USD & released their monetary reform, one would think that in itself would strengthen the USD.
5-14-2022 Newshound Guru Pimpy They're [Iraq] is gonna have a lot of extra money this year. It's projected that they'll have 26 billion extra dollars. There's a lot they could do with this. Man I can only imagine what Iraq is going to be like in the future as long as they can see from fighting with one another.
5-14-2022 Intel Guru Bruce [via WiserNow] we know that Iraq was supposed to put out their new rates today and also seat their new Parliament and new Prime Minister – that did NOT happen...The good news is that on Saturday Iraq will seat their government and their new Prime Minister and on Sunday...the 15th they will put out their new Iraqi Dinar rates and increase their in country rate to around $6...ours will be much higher - and they will put out that rate on Sunday...the 15th...is the day that the UN operational rates change for all currencies...what I’ve been told from redemption center staff is next week should be a great week for us...
5-14-2022 Newshound Guru Militiaman Article: "Parliamentary Finance: The Food Security Law is not a substitute for the 2022 budget" ...it is like they have allowed the emergency food law to be a rider if you will. It is in place for the citizens and once they seat the government when ever that may be, the 2022 budget kicks in. They are synonymous. Nothing changes...Imo, the emergency food law, the 2022 budget law...are rate sensitive.
5-14-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's coalition "questions" the legitimacy of the Al-Kazemi government and "reserves" the Food Security Law " They can and will do whatever is necessary to run the government until further notice...they have a government. Until there is a replacement. There is no vacuum left in place of the government. The only ones hollering are Maliki and his cronies because they are being left out. Since yesterday it appears everyone else is on board. imo
5-13-2022 Newshound Guru Pimpy For those of you who don't know what that means, you would have to exchange in your currency depending on what it is they want to do. The 3 zeros is what they are talking about. If you have a 25000 dinar, remove the zeros you would exchange it obviously for 25's. Where the complication comes in is the exchange rate. People panic because they believe they're losing money. When you trade in your larger bill for a smaller bill that's not the case... [Post 2 of 2]
5-13-2022 Newshound Guru Pimpy My text messages and everything else were getting blown up...every time these types of articles are printed people get concerned...here we go, that evil article that we get...maybe once every six months... it confuses everybody then there's all kinds of chit chat about what it really means. I get it, we talk about it all the time... Article: "Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency" [Post 1 of 2....stay tuned]
5-13-2022 Newshound Guru Militiaman Article: "Initiating the implementation of a new mechanism to support the validity of the issuance of customs permits" Put this with the meetings with the CBI, the Finance Minister, the IMF, the World Bank, Banks in Iraq, etc...we can see that Iraq is going international and quickly now, as in very quickly!!! It appears that it is all systems go now... Even the deletion of the zeros project is being talked about...we are well on our way for a big change in the way things are going to run and what mechanism they will use. It won't be 1460 imo... [See Guru MilitiaMan's post below]
5-13-2022 Newshound/Intel Guru Mnt Goat STATUS OF THE RV...The news is all fantastic and this is moving fast now...The plan is laid out and the clock in ticking towards a targeted timeframe period to begin. Yes, we are now in this period, according to the Central Bank of Iraq, tic toc, tic toc.
5-13-2022 Newshound Guru Godlover Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" This food security law was established to give their citizens immediate relief until the new government is officially seated (& announced imo). Then they can tackle the general budget. Again this tells me that they expect the government formation & then the budget voting, etc will take some time.
5-13-2022 Newshound Guru Clare Article: "The Iraqi parliament completes the formation of its permanent committees: its meetings will be held starting next week"
5-13-2022 Intel Guru Frank26 Article: "Is it time to delete zeros? Economist commented" MR. ECONOMIST YOU KNOW VERY WELL IT'S TIME... OR YOU WOULDN'T CONTINUE TO BRING UP THE SUBJECT
5-13-2022 Intel Guru MarkZ [via PDK] Redemption center folks still on call this weekend. Banks are ramped up and ready. Government contacts in Iraq are talking about the issuance and schedule of the lower denominations. We have expected votes in Iraq tomorrow that should seat the PM and give us the Food Security bill. So we have a lot to watch tomorrow...
5-13-2022 Newshound Guru Pimpy Looks like the independents have at least shown a little bit of their hand...they might be heading towards the direction of Sadr. It is not set in stone yet. They're waiting for him to get finished with his 40 days of seclusion. I thought it was done but apparently not... Article: "The Independents are waiting for a position from Al-Sadr after the deadline for the framework expires". I think what they want to know is...if you want us to help you establish the government and take sides against the Coordination Framework what are you giving us. What are you promising us.
5-13-2022 Newshound Guru MilitiaMan With all we know the automation of the borders, the AYSCUDA SYSTEM, the BUNA PLATFORM, ISO20022, deletion of the zeros project, etc., we can see there is far more progress in the white paper programs than ever before. The CBI papers show they already printed currency for the project...So it is not surprising that we see the big hitters having a meeting on implementation over advanced internationally acceptable systems...I like what we are seeing. [Post 2 of 2]
5-13-2022 Newshound Guru Militiaman Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" ...We expected there to be meetings today with Sadr, Finance Minister and CBI Governor. This is not just getting started, they have the system ready to go and todays meeting is about the process of initiation of implementation of the system. They will be consistent with international programs and systems. [Post 1 of 2...stay tuned]
5-13-2022 Intel Guru Holly Rv update: it has been a week of a lot of good news that things are moving for real...we are in a sweet spot based on All I speak to...
5-13-2022 Newshound/Intel Guru RVAlready I think Maliki is just playing for time, trying to get out of Sadr’s trap. I do not think he is going to escape…Maliki will lose, and the RV will go through…The people of Iraq will win.
5-13-2022 Newshound Guru Pimpy My text messages and everything else were getting blown up...every time these types of articles are printed people get concerned...here we go, that evil article that we get...maybe once every six months... it confuses everybody then there's all kinds of chit chat about what it really means. I get it, we talk about it all the time... Article: "Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency" [Post 1 of 2....stay tuned]
5-13-2022 Newshound Guru Militiaman Article: "Initiating the implementation of a new mechanism to support the validity of the issuance of customs permits" Put this with the meetings with the CBI, the Finance Minister, the IMF, the World Bank, Banks in Iraq, etc...we can see that Iraq is going international and quickly now, as in very quickly!!! It appears that it is all systems go now... Even the deletion of the zeros project is being talked about...we are well on our way for a big change in the way things are going to run and what mechanism they will use. It won't be 1460 imo... [See Guru MilitiaMan's post below]
5-13-2022 Newshound/Intel Guru Mnt Goat STATUS OF THE RV...The news is all fantastic and this is moving fast now...The plan is laid out and the clock in ticking towards a targeted timeframe period to begin. Yes, we are now in this period, according to the Central Bank of Iraq, tic toc, tic toc.
5-13-2022 Newshound Guru Godlover Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" This food security law was established to give their citizens immediate relief until the new government is officially seated (& announced imo). Then they can tackle the general budget. Again this tells me that they expect the government formation & then the budget voting, etc will take some time.
5-13-2022 Newshound Guru Clare Article: "The Iraqi parliament completes the formation of its permanent committees: its meetings will be held starting next week"
5-13-2022 Intel Guru Frank26 Article: "Is it time to delete zeros? Economist commented" MR. ECONOMIST YOU KNOW VERY WELL IT'S TIME... OR YOU WOULDN'T CONTINUE TO BRING UP THE SUBJECT
5-13-2022 Intel Guru MarkZ [via PDK] Redemption center folks still on call this weekend. Banks are ramped up and ready. Government contacts in Iraq are talking about the issuance and schedule of the lower denominations. We have expected votes in Iraq tomorrow that should seat the PM and give us the Food Security bill. So we have a lot to watch tomorrow...
5-13-2022 Newshound Guru Pimpy Looks like the independents have at least shown a little bit of their hand...they might be heading towards the direction of Sadr. It is not set in stone yet. They're waiting for him to get finished with his 40 days of seclusion. I thought it was done but apparently not... Article: "The Independents are waiting for a position from Al-Sadr after the deadline for the framework expires". I think what they want to know is...if you want us to help you establish the government and take sides against the Coordination Framework what are you giving us. What are you promising us.
5-13-2022 Newshound Guru MilitiaMan With all we know the automation of the borders, the AYSCUDA SYSTEM, the BUNA PLATFORM, ISO20022, deletion of the zeros project, etc., we can see there is far more progress in the white paper programs than ever before. The CBI papers show they already printed currency for the project...So it is not surprising that we see the big hitters having a meeting on implementation over advanced internationally acceptable systems...I like what we are seeing. [Post 2 of 2]
5-13-2022 Newshound Guru Militiaman Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" ...We expected there to be meetings today with Sadr, Finance Minister and CBI Governor. This is not just getting started, they have the system ready to go and todays meeting is about the process of initiation of implementation of the system. They will be consistent with international programs and systems. [Post 1 of 2...stay tuned]
5-13-2022 Intel Guru Holly Rv update: it has been a week of a lot of good news that things are moving for real...we are in a sweet spot based on All I speak to...
5-13-2022 Newshound/Intel Guru RVAlready I think Maliki is just playing for time, trying to get out of Sadr’s trap. I do not think he is going to escape…Maliki will lose, and the RV will go through…The people of Iraq will win.
5-12-2022 Newshound Guru Militiaman Article: "After its implementation in Iran … Is it possible to cancel the dollar exchange rate in Iraq?" ...The reality is the Dollar is not imo going anywhere soon, it is on a tear now. It is pushing $104.02 [Dollar index $1.04?] lately...The Rial may have something a lot more valuable to trade in the short term. Yes, one that will be more valuable than the USD... Don't forget all boats rise with the tide. And the tide is out for some, but the Tsunami called the Dinar is about to fill the gap!! ...All good imo.
5-12-2022 Intel Guru MarkZ [via PDK] ...There was great chatter early in the day out of Iraq s they expect key votes in their Saturday Parliament session. I am still being told they have a set schedule to roll out the lower denominations. I spoke with a number of contacts who say they are being quiet today.
5-12-2022 Newshound Guru Pimpy We have exchange talk again and everybody knows that's our favorite topic to talk about - the dinar exchange rate! Article: "After its implementation in Iran...Is it possible to cancel the dollar exchange rate in Iraq?" ...here we go somebody said exchange rate...not what you expected but it does effect what's going on with the dinar...As more and more countries start to get away from the petro-dollar altogether...they start doing things to help strengthen their own currency. Will this move help strengthen Iran's currency? ...That's why I think Iraq is going to keep close attention to what happens to Iran...
5-12-2022 Guest Newshound docmagee94 "Al-Rasheed announces the removal of his name from the international sanctions list". IMO, this announcement is the most significant we’ve had in several months.
5-12-2022 Newshound Guru Godlover Article: "Parliamentary Finance hosts the Minister of Water Resources regarding the Food Security Law" This article confirms imo that the government & budget approval is going to take some time to complete. The articles have made it clear that this law was created recently & was to be passed asap to bring a little better livelihood to their citizens until the monetary reforms are released...Most of the articles implied that they needed to give their citizens some relief immediately...This is one reason why I was hoping that this food security law & budget would pass together.
5-12-2022 Newshound Guru Clare Article: "The new Iranian ambassador to Iraq begins his duties in Baghdad". HMMM... A NEW IRANIAN AMBASSADOR! MAYBE THAT WAS KAZEMI'S DOING!
5-12-2022 Intel Guru MarkZ [via PDK] ...in Baghdad today they announced that they are moving the vote on the food security act...to Saturday...I think they have done this because of this... Article: “The name of an Iraqi government bank has been removed from the international sanctions list” This is more of the dominoes coming into the line. We have also seen the independents putting up a candidate approved by all 3 voting blocks to seat the government. We hear that may be decided on Saturday as well. Makes sense to move forward with all of them at the same time. We also have the resignations of the Kuwaiti Government. This is very interesting timing. I think there is a whole lot lining up for an amazing weekend when you look at what’s happening in Iraq.
5-12-2022 Intel Guru Frank26 Article: "Adviser to Al-Kazemi: The budget is completed, and political pressures have disrupted the approval of the new salary scale" ...WE TOLD YOU THE BUDGET WAS COMPLETED LAST WEEK...
5-12-2022 Newshound Guru Militiaman We were told there would be meetings...and apparently they have happened. The timing is all coming together and may even have been done to a degree that suggests we could see more out of the CBI sooner than thought...this meeting [Last week] with the President, Prime Minister and Council of Ministers, suggests that they have security, stability, coordination, continuity and entitlements for the citizens in mind. That would require a rate which would likely be in the 2022 budget plan...having this meeting it is very promising for us and even in the very very short term.
5-12-2022 Intel Guru MarkZ [via PDK] ...There was great chatter early in the day out of Iraq s they expect key votes in their Saturday Parliament session. I am still being told they have a set schedule to roll out the lower denominations. I spoke with a number of contacts who say they are being quiet today.
5-12-2022 Newshound Guru Pimpy We have exchange talk again and everybody knows that's our favorite topic to talk about - the dinar exchange rate! Article: "After its implementation in Iran...Is it possible to cancel the dollar exchange rate in Iraq?" ...here we go somebody said exchange rate...not what you expected but it does effect what's going on with the dinar...As more and more countries start to get away from the petro-dollar altogether...they start doing things to help strengthen their own currency. Will this move help strengthen Iran's currency? ...That's why I think Iraq is going to keep close attention to what happens to Iran...
5-12-2022 Guest Newshound docmagee94 "Al-Rasheed announces the removal of his name from the international sanctions list". IMO, this announcement is the most significant we’ve had in several months.
5-12-2022 Newshound Guru Godlover Article: "Parliamentary Finance hosts the Minister of Water Resources regarding the Food Security Law" This article confirms imo that the government & budget approval is going to take some time to complete. The articles have made it clear that this law was created recently & was to be passed asap to bring a little better livelihood to their citizens until the monetary reforms are released...Most of the articles implied that they needed to give their citizens some relief immediately...This is one reason why I was hoping that this food security law & budget would pass together.
5-12-2022 Newshound Guru Clare Article: "The new Iranian ambassador to Iraq begins his duties in Baghdad". HMMM... A NEW IRANIAN AMBASSADOR! MAYBE THAT WAS KAZEMI'S DOING!
5-12-2022 Intel Guru MarkZ [via PDK] ...in Baghdad today they announced that they are moving the vote on the food security act...to Saturday...I think they have done this because of this... Article: “The name of an Iraqi government bank has been removed from the international sanctions list” This is more of the dominoes coming into the line. We have also seen the independents putting up a candidate approved by all 3 voting blocks to seat the government. We hear that may be decided on Saturday as well. Makes sense to move forward with all of them at the same time. We also have the resignations of the Kuwaiti Government. This is very interesting timing. I think there is a whole lot lining up for an amazing weekend when you look at what’s happening in Iraq.
5-12-2022 Intel Guru Frank26 Article: "Adviser to Al-Kazemi: The budget is completed, and political pressures have disrupted the approval of the new salary scale" ...WE TOLD YOU THE BUDGET WAS COMPLETED LAST WEEK...
5-12-2022 Newshound Guru Militiaman We were told there would be meetings...and apparently they have happened. The timing is all coming together and may even have been done to a degree that suggests we could see more out of the CBI sooner than thought...this meeting [Last week] with the President, Prime Minister and Council of Ministers, suggests that they have security, stability, coordination, continuity and entitlements for the citizens in mind. That would require a rate which would likely be in the 2022 budget plan...having this meeting it is very promising for us and even in the very very short term.
5-11-2022 Intel Guru Bruce [via WiserNow] I hate to say it but when they get the green light from us – they will bring out their new rate and mention the seating of their government – Prime Minister – Parliament – all of that – having been completed and seated...it’s probably been done for a while but they just haven’t announced it yet ...they are operating with a rate in country - they are exchanging with the other countries – in other words they are trading with other countries – and they have a rate - with which they are doing that...we are looking good – Iraq is going to do what they need to do [Wednesday] – and or Thursday – we should get notified...
5-11-2022 Newshound Guru Militiaman Member comment "It looks of it they have an agreement on the food law too Article quote " Quote 'Except by changing the tools to be able to interact with the new stage.' ..Changing the tools.. As in changing the exchange rate to fit with the new stage they are heading into.. Timing is awesome.. imo.
5-11-2022 Newshound Guru Pimpy Those two managed to work together to get a lot accomplished...If Iraq can manage to get the President Saleh and the Prime Minister Al-Kazemi back as president and prime minister and they form the new government...if that's the case I believe it won't take very long until we see the Iraqi dinar exchange rate change again. It's going to go up in increments but it's going to do it fairly quick IMO... Iraq is in a really great place. It really is... [Post 2 of 2]
5-11-2022 Newshound Guru Pimpy It looks like we might be done with this blockage... Article "Mishaan Al-Jubouri: The independents will present Al-Kazemi as a candidate for prime minister, and we believe he will pass" ...Good news IMO...we learned Saleh is most likely going to be the presidential candidate and Al-Kazemi will be the prime minister. The same two people will continue to move forward for a full term - 4 years... [Post 1 of 2]
5-11-2022 Newshound Guru Kaperoni I have always hoped that Iraq's monetary policy would change according to Iraq's economic development. That they pass the laws necessary to encourage foreign investment, build a thriving private sector, and improve GDP. We have seen numerous articles over the last several months from the World Bank implying Iraq's economy could be the fastest growing in the Middle East. The bottom line is it's up to Iraq to accomplish what is expected of them.
5-11-2022 Intel Guru MarkZ [via PDK] We also learned they have indeed printed and scheduled the release of their lower denomination bills… This is 3 enormous things that came out of Iraq…and all at one time. I told you guys that once this thing was ready- it would all come together at one moment. It appears that is what we are watching happen. Really positive news out of Iraq... [post 2 of 2]
5-11-2022 Intel Guru MarkZ [via PDK] Good article(s) from Iraq today: “Mishaan Al-Jabouri: the independents will present Al-Kazemi as a candidate for Prime Minister and we believe he will pass”; “25 Trillion dinars will be at the governments disposal next week to be spent in accordance of the articles set by the Food and Securities Law“ ...it looks like the 3 parties came together to get the government squared away...I was told they intend to present him tomorrow...and also a consensus on the Food Security act which we were told was crucial for a rate change... [post 1 of 2....stay tuned]
5-11-2022 Intel Guru Frank26 Things are lining up...they are doing everything that we want. For example the ISO. You found out, this is extremely important. Yes, it's important for them to go international but it also was a IMF requirement that they did. All banks by the year 2025 will have to be part of the ISO and get rid fo the Swift. The fact that Iraq is part of it is fantastic.
5-11-2022 Newshound Guru Militiaman Article: "Barzani intends to launch an initiative to address the political blockage" Looks like there is more support for interesting times over the next couple days...
5-11-2022 Newshound/Intel Guru RVAlready ...if Sadr cannot get enough independents to elect the president of the republic, he will have parliament dissolved. Either way, there will be a government and an RV by the CBI. This is a win situation for Sadr and a lose situation for Maliki.
5-11-2022 Newshound Guru Militiaman Member comment "It looks of it they have an agreement on the food law too Article quote " Quote 'Except by changing the tools to be able to interact with the new stage.' ..Changing the tools.. As in changing the exchange rate to fit with the new stage they are heading into.. Timing is awesome.. imo.
5-11-2022 Newshound Guru Pimpy Those two managed to work together to get a lot accomplished...If Iraq can manage to get the President Saleh and the Prime Minister Al-Kazemi back as president and prime minister and they form the new government...if that's the case I believe it won't take very long until we see the Iraqi dinar exchange rate change again. It's going to go up in increments but it's going to do it fairly quick IMO... Iraq is in a really great place. It really is... [Post 2 of 2]
5-11-2022 Newshound Guru Pimpy It looks like we might be done with this blockage... Article "Mishaan Al-Jubouri: The independents will present Al-Kazemi as a candidate for prime minister, and we believe he will pass" ...Good news IMO...we learned Saleh is most likely going to be the presidential candidate and Al-Kazemi will be the prime minister. The same two people will continue to move forward for a full term - 4 years... [Post 1 of 2]
5-11-2022 Newshound Guru Kaperoni I have always hoped that Iraq's monetary policy would change according to Iraq's economic development. That they pass the laws necessary to encourage foreign investment, build a thriving private sector, and improve GDP. We have seen numerous articles over the last several months from the World Bank implying Iraq's economy could be the fastest growing in the Middle East. The bottom line is it's up to Iraq to accomplish what is expected of them.
5-11-2022 Intel Guru MarkZ [via PDK] We also learned they have indeed printed and scheduled the release of their lower denomination bills… This is 3 enormous things that came out of Iraq…and all at one time. I told you guys that once this thing was ready- it would all come together at one moment. It appears that is what we are watching happen. Really positive news out of Iraq... [post 2 of 2]
5-11-2022 Intel Guru MarkZ [via PDK] Good article(s) from Iraq today: “Mishaan Al-Jabouri: the independents will present Al-Kazemi as a candidate for Prime Minister and we believe he will pass”; “25 Trillion dinars will be at the governments disposal next week to be spent in accordance of the articles set by the Food and Securities Law“ ...it looks like the 3 parties came together to get the government squared away...I was told they intend to present him tomorrow...and also a consensus on the Food Security act which we were told was crucial for a rate change... [post 1 of 2....stay tuned]
5-11-2022 Intel Guru Frank26 Things are lining up...they are doing everything that we want. For example the ISO. You found out, this is extremely important. Yes, it's important for them to go international but it also was a IMF requirement that they did. All banks by the year 2025 will have to be part of the ISO and get rid fo the Swift. The fact that Iraq is part of it is fantastic.
5-11-2022 Newshound Guru Militiaman Article: "Barzani intends to launch an initiative to address the political blockage" Looks like there is more support for interesting times over the next couple days...
5-11-2022 Newshound/Intel Guru RVAlready ...if Sadr cannot get enough independents to elect the president of the republic, he will have parliament dissolved. Either way, there will be a government and an RV by the CBI. This is a win situation for Sadr and a lose situation for Maliki.
5-10-2022 Intel Guru MarkZ [via PDK] [Is the Iraq new rate I’d hidden in the Emergency Food Security Law?] That is the rumor right now. I am also hearing out of Iraq that the Food Security law is supposed to pass tomorrow, and then on its heels will be the new government and the budget. There is a lot of exciting news out of Iraq in the last 15-16 hours...We have great things coming out of Iraq about tomorrow...the chatter and the progress in Iraq has been phenomenal! [post 2 of 2]
5-10-2022 Intel Guru MarkZ [via PDK] I am hearing lots of great chatter...Things finally started lighting up this afternoon on...the Redemption side...and the bank side… There is great anticipation for the next 72 hours...there is a lot of excitement out there. There were some great developments in Iraq. I want to give full credit to [Gurus] Frank and Walkingstick for this… [Reference Guru Walkingstick post 5-10-22 below] After seeing this I chased down my contacts and they confirmed it. I am hearing the same thing from my contacts over there… [post 1 of 2....stay tuned]
5-10-2022 Newshound Guru Sandy Ingram Question: "If...Iraq opens up trading their currency why not fly there to Iraq and exchange with a group...?" ...This ...is premature, however we can fly...out of JFK or Miami but no group account. Everyone would need to handle their own finances...A "real" revalue of the currency would allow us to exchange the currency within the United States. We would only need to travel if they printed new currency BEFORE a revalue.
5-10-2022 Newshound Guru Militiaman The process of seating the government and gearing for the 2022 budget is slated for from now through this next week...with what we have witnessed over the past couple years, months and even days, we have never been closer based off hindsight ...imo...BTW...April 2nd, 2022 was the first Day of Ramadan. This is about the time frame Sadr gave [40 days to form government] that gets it to the 10th of May per the Islamic Calendar. Sadr has summoned the FM and CBI Governor 05/12/2022.. I can imagine the CBI having a move soon.
5-10-2022 Intel Guru Frank26 Article: "The Iraqi parliament is in the process of issuing a resolution obligating the government to submit the financial budget" FINAL STEPS FOR THE MONETARY REFORM.
5-10-2022 Newshound Guru Pimpy Article: "PUK: Barham Saleh is a figure acceptable to the framework and the current". Quote: "The Patriotic Union of Kurdistan announce the acceptance of Saleh for presidency of the Republic by the Coordination Framework and the Sadrist Movement" Wow! Something they could agree on...congrats to Saleh as long as he gets in there. But we'll see. Remember the person that actually runs the country is the prime minister...
5-10-2022 Intel Guru MarkZ [via PDK] ...there are a lot of rumors floating around out there that Iraq has gone with a 1 to 1 rate... They have not gone 1 to 1 in the country. It has not occurred yet. Do they still talk about the NEER rate (Nominal Effective Exchange Rate) – yes they do but less and less often now…now they are discussing the restoration of the old value which was the mid $3 dollar range…this was discussed again this weekend in Iraq.
5-10-2022 Newshound Guru Walkingstick [via frank] [Walkingstick's Iraqi bank contact update] BANK FIRM: We have the delivery schedule of the new small category notes (NSCN) in our possession. WALKINGSTICK: We know know 'What', the new small category notes. And we know 'where', the ATM machines and the banks. But what we don't have is we need the 'when'...the only detail missing is the timing of when they will sit a government and announce it in order to deliver the NSCNs and new exchange rate. Once that happens, the reforms and the new exchange rate, and NSCNs and many other things that everyone and the citizens are waiting for will happen.
5-10-2022 Intel Guru RayRen98 FED SOURCE SAYS, "THINGS ARE MOVING FAST"...BANK SOURCE SAYS, "IN MEETINGS ALL DAY"...CANADA SOURCE SAYS, "KEEP YOUR PHONE POWERED ON"...
5-10-2022 Intel Guru MarkZ [via PDK] I am hearing lots of great chatter...Things finally started lighting up this afternoon on...the Redemption side...and the bank side… There is great anticipation for the next 72 hours...there is a lot of excitement out there. There were some great developments in Iraq. I want to give full credit to [Gurus] Frank and Walkingstick for this… [Reference Guru Walkingstick post 5-10-22 below] After seeing this I chased down my contacts and they confirmed it. I am hearing the same thing from my contacts over there… [post 1 of 2....stay tuned]
5-10-2022 Newshound Guru Sandy Ingram Question: "If...Iraq opens up trading their currency why not fly there to Iraq and exchange with a group...?" ...This ...is premature, however we can fly...out of JFK or Miami but no group account. Everyone would need to handle their own finances...A "real" revalue of the currency would allow us to exchange the currency within the United States. We would only need to travel if they printed new currency BEFORE a revalue.
5-10-2022 Newshound Guru Militiaman The process of seating the government and gearing for the 2022 budget is slated for from now through this next week...with what we have witnessed over the past couple years, months and even days, we have never been closer based off hindsight ...imo...BTW...April 2nd, 2022 was the first Day of Ramadan. This is about the time frame Sadr gave [40 days to form government] that gets it to the 10th of May per the Islamic Calendar. Sadr has summoned the FM and CBI Governor 05/12/2022.. I can imagine the CBI having a move soon.
5-10-2022 Intel Guru Frank26 Article: "The Iraqi parliament is in the process of issuing a resolution obligating the government to submit the financial budget" FINAL STEPS FOR THE MONETARY REFORM.
5-10-2022 Newshound Guru Pimpy Article: "PUK: Barham Saleh is a figure acceptable to the framework and the current". Quote: "The Patriotic Union of Kurdistan announce the acceptance of Saleh for presidency of the Republic by the Coordination Framework and the Sadrist Movement" Wow! Something they could agree on...congrats to Saleh as long as he gets in there. But we'll see. Remember the person that actually runs the country is the prime minister...
5-10-2022 Intel Guru MarkZ [via PDK] ...there are a lot of rumors floating around out there that Iraq has gone with a 1 to 1 rate... They have not gone 1 to 1 in the country. It has not occurred yet. Do they still talk about the NEER rate (Nominal Effective Exchange Rate) – yes they do but less and less often now…now they are discussing the restoration of the old value which was the mid $3 dollar range…this was discussed again this weekend in Iraq.
5-10-2022 Newshound Guru Walkingstick [via frank] [Walkingstick's Iraqi bank contact update] BANK FIRM: We have the delivery schedule of the new small category notes (NSCN) in our possession. WALKINGSTICK: We know know 'What', the new small category notes. And we know 'where', the ATM machines and the banks. But what we don't have is we need the 'when'...the only detail missing is the timing of when they will sit a government and announce it in order to deliver the NSCNs and new exchange rate. Once that happens, the reforms and the new exchange rate, and NSCNs and many other things that everyone and the citizens are waiting for will happen.
5-10-2022 Intel Guru RayRen98 FED SOURCE SAYS, "THINGS ARE MOVING FAST"...BANK SOURCE SAYS, "IN MEETINGS ALL DAY"...CANADA SOURCE SAYS, "KEEP YOUR PHONE POWERED ON"...
5-9-2022 Newshound Guru Godlover [Response to Militia man post below] This food security law you speak of is certainly not a good thing if it does not come with the general budget.
5-9-2022 Intel Guru MarkZ [via PDK] ...good articles out of Iraq today. Article: “ Financial advisor to the Prime Minister: Financeil abundance is a historic opportunity for Iraq.” They even talked in depth about how it will cost them .6 cents per bill to delete the zeros or printing and replacing the physical notes...but they added that this will not increase purchasing power. That is one of their key issues. So now that they are ISO compliant and can be international….it is time to do both….increase the purchasing power and delete the zeros. This is conversation over the weekend on Iraqi television. Time to get this abundance to the people …I think this is positive stuff.
5-9-2022 Newshound Guru Militiaman In my view this one has rate implications. The emergency food support bill is what many countries deem as security issues and interestingly enough, there is a food law being talked about in Iraq and even the UST has talked of this topic too. If this is the same thing, there is a rate to be had with it or behind it. We have heard that food security is important and a security issue and a reason the Federal Court Ruled that the present Caretaker Government can get things passed if need be for the benefit of the people, therefore, they will need to secure it with purchase power., i.e., a new exchange rate.
5-9-2022 Newshound/Intel Guru Walkingstick Question: "Do you think the rate will float to hit its maximum within say 6 to 8 months?" No way, it's still a developing country. It could take a couple years.
5-9-2022 Intel Guru Frank26 Is the ISO what pulls the trigger to the monetary reform...NSCN and new exchange rate...? No. But it is a necessary platform to...go international. Then what is going to...[pull the triger]? I've told you, 'Show me a seated government...'
5-9-2022 Newshound Guru Kaperoni If we would like to see the Iraqi dinar go up in value (which I think we all would like), our best bet is for them to build a private sector market economy and allow it to grow over time. Such an event would allow the exchange rate of the dinar to also gradually appreciate.
5-9-2022 Intel Guru MarkZ [via PDK] I am hoping this is our “Boom Week”. I am hearing there will be big meetings on Wed in Iraq with the finance minister and CBI and IMF representatives.
5-9-2022 Newshound Guru Pimpy It always feels like we're right on the edge of getting there. It looks like things are going in the right direction and then there's always these little hurdles but at at least they're not going two steps forward and ten steps back like they used to. Now it's more like they're going two steps forward and a half step back every now and then. Still looking good but dealing with a lot of B.S...Iraq is teetering right there at the doorstep. They really are...
5-9-2022 Newshound Guru Militiaman Their peoples entitlements would come from the reforms that have been promised. That sounds like they are gearing for a change in an exchange rate when using the word entitlements. As exchange rate change will be needed to give the citizens their purchasing power, this year not next...The two having the meeting today, is all a part of the reforms, imo. It shows the solidarity is in tack.. imo [Post 2 of 2]
5-9-2022 Newshound Guru Militiaman Article: "Saleh and Al-Kazemi confirm support for dialogue in resolving outstanding issues and launching". A fresh meeting with the President and the Prime Minister today on topics like security, stability solidarity, consolidating ranks and moving towards meeting the national entitlements...These items have serious implications for the future. They are working like a government that has the people on their agenda. [Post 1 of 2....stay tuned]
5-9-2022 Intel Guru MarkZ [via PDK] ...good articles out of Iraq today. Article: “ Financial advisor to the Prime Minister: Financeil abundance is a historic opportunity for Iraq.” They even talked in depth about how it will cost them .6 cents per bill to delete the zeros or printing and replacing the physical notes...but they added that this will not increase purchasing power. That is one of their key issues. So now that they are ISO compliant and can be international….it is time to do both….increase the purchasing power and delete the zeros. This is conversation over the weekend on Iraqi television. Time to get this abundance to the people …I think this is positive stuff.
5-9-2022 Newshound Guru Militiaman In my view this one has rate implications. The emergency food support bill is what many countries deem as security issues and interestingly enough, there is a food law being talked about in Iraq and even the UST has talked of this topic too. If this is the same thing, there is a rate to be had with it or behind it. We have heard that food security is important and a security issue and a reason the Federal Court Ruled that the present Caretaker Government can get things passed if need be for the benefit of the people, therefore, they will need to secure it with purchase power., i.e., a new exchange rate.
5-9-2022 Newshound/Intel Guru Walkingstick Question: "Do you think the rate will float to hit its maximum within say 6 to 8 months?" No way, it's still a developing country. It could take a couple years.
5-9-2022 Intel Guru Frank26 Is the ISO what pulls the trigger to the monetary reform...NSCN and new exchange rate...? No. But it is a necessary platform to...go international. Then what is going to...[pull the triger]? I've told you, 'Show me a seated government...'
5-9-2022 Newshound Guru Kaperoni If we would like to see the Iraqi dinar go up in value (which I think we all would like), our best bet is for them to build a private sector market economy and allow it to grow over time. Such an event would allow the exchange rate of the dinar to also gradually appreciate.
5-9-2022 Intel Guru MarkZ [via PDK] I am hoping this is our “Boom Week”. I am hearing there will be big meetings on Wed in Iraq with the finance minister and CBI and IMF representatives.
5-9-2022 Newshound Guru Pimpy It always feels like we're right on the edge of getting there. It looks like things are going in the right direction and then there's always these little hurdles but at at least they're not going two steps forward and ten steps back like they used to. Now it's more like they're going two steps forward and a half step back every now and then. Still looking good but dealing with a lot of B.S...Iraq is teetering right there at the doorstep. They really are...
5-9-2022 Newshound Guru Militiaman Their peoples entitlements would come from the reforms that have been promised. That sounds like they are gearing for a change in an exchange rate when using the word entitlements. As exchange rate change will be needed to give the citizens their purchasing power, this year not next...The two having the meeting today, is all a part of the reforms, imo. It shows the solidarity is in tack.. imo [Post 2 of 2]
5-9-2022 Newshound Guru Militiaman Article: "Saleh and Al-Kazemi confirm support for dialogue in resolving outstanding issues and launching". A fresh meeting with the President and the Prime Minister today on topics like security, stability solidarity, consolidating ranks and moving towards meeting the national entitlements...These items have serious implications for the future. They are working like a government that has the people on their agenda. [Post 1 of 2....stay tuned]
5-8-2022 Intel Guru MarkZ [via PDK] I am hearing great things out of Iraq, but their value has not changed yet...the only RV news for the day is Sadr has summoned the finance minister and the CBI Governor to meet on the 12th of May. My Iraqi sources are looking for a “Public” release from that meeting. I got this from a couple of sources that made me feel very good. Some sources in Iraq and some sources out of Iraq. I think we are in the final days. This lines up with well with what my DC insiders are saying.
5-8-22 Newshound Guru Kaperoni Former deputy CBI gov and economic adviser to the PM Muhammed Salih stated that Iraq is worth about $16 trillion dollars including oil and all minerals in the ground. So there...$16 trillion dollars!
5-8-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor puts forward a proposal to double growth rates". Oh, yeah baby! That's what we want to see! Quote: "Saleh proposed on Saturday to raise the volume of investment in six sectors to double growth rates..." ...Iraq needs to take that money that they make from the oil revenue and start rebuilding a lot of the different sectors...which has been happening ever since Al-Kazemi has been in office...if we're thinking about changing the overall exchange rate of the Iraqi dinar you must first have a very secure economy...the private sectors - let's get them rocking and rolling!
5-8-2022 Intel Guru Frank26 Article: "Iraq...Ambiguity surrounding the 2022 budget" What's in the budget... the new exchange rate... Quote: "calls to restore the exchange rate of the dinar against the dollar to its previous era." There is no ambiguity.
5-8-2022 Newshound Guru Militiaman Sadr...gave a 40 day period out to the Coordination Framework to form a government and they are said to have failed. Also, this week we have seen that Sadr gave the independents up to 15 days to form a government with the Sadr's block. An article suggests that the Independents could actually get on board within days and wa-laa here we are seeing them meeting tomorrow...there was approximately 220 seats under Sadr that didn't get him the 2/3 majority. But, if the independents come on board adding 35+- seats may give Sadr what he needs to form the government.
5-8-2022 Intel Guru Frank26 The ISO was to put the IQD in a position to go international. For trading International. To pay their bills in their own currency. To deal with cross-border payments. This is huge. It's a platform to go international. This is the window for the IQD to go outside of its borders and float. Or fix it. I don't care you can do whatever you want now...They're going to float it in my opinion.
5-8-22 Newshound Guru Kaperoni Former deputy CBI gov and economic adviser to the PM Muhammed Salih stated that Iraq is worth about $16 trillion dollars including oil and all minerals in the ground. So there...$16 trillion dollars!
5-8-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor puts forward a proposal to double growth rates". Oh, yeah baby! That's what we want to see! Quote: "Saleh proposed on Saturday to raise the volume of investment in six sectors to double growth rates..." ...Iraq needs to take that money that they make from the oil revenue and start rebuilding a lot of the different sectors...which has been happening ever since Al-Kazemi has been in office...if we're thinking about changing the overall exchange rate of the Iraqi dinar you must first have a very secure economy...the private sectors - let's get them rocking and rolling!
5-8-2022 Intel Guru Frank26 Article: "Iraq...Ambiguity surrounding the 2022 budget" What's in the budget... the new exchange rate... Quote: "calls to restore the exchange rate of the dinar against the dollar to its previous era." There is no ambiguity.
5-8-2022 Newshound Guru Militiaman Sadr...gave a 40 day period out to the Coordination Framework to form a government and they are said to have failed. Also, this week we have seen that Sadr gave the independents up to 15 days to form a government with the Sadr's block. An article suggests that the Independents could actually get on board within days and wa-laa here we are seeing them meeting tomorrow...there was approximately 220 seats under Sadr that didn't get him the 2/3 majority. But, if the independents come on board adding 35+- seats may give Sadr what he needs to form the government.
5-8-2022 Intel Guru Frank26 The ISO was to put the IQD in a position to go international. For trading International. To pay their bills in their own currency. To deal with cross-border payments. This is huge. It's a platform to go international. This is the window for the IQD to go outside of its borders and float. Or fix it. I don't care you can do whatever you want now...They're going to float it in my opinion.
5-7-2022 Newshound Guru Deepwoodz [Response to Newshound Guru Militiaman below ] Imo…Same wavelength… An independent bloc announces its acceptance of al-Sadr's initiative to form a "national" government. Article reference "Al-Khafaji said that "contacts took place yesterday between 35 independent deputies" Last time they had a quorum of about 200 if I’m not mistaken. If 35 were added then…… :)
5-7-2022 Intel Guru MarkZ [via PDK] There is so many expectations and festivities going on in Iraq I am surprised there isn’t more news….Iraq sources are eerily quiet...I have heard we can expect a complete blackout from the country when the Rate release happens…but it just may be because it’s a weekend. Kuwait did its best to keep their rate change a secret for 10 days. I don’t think that in today’s world this would be possible with our technology…
5-7-2022 Newshound Guru Kaperoni Every year the IMF usually meets with each member state and does a thorough evaluation including recommendations of their banking system it's called the Article IV Consultation. Iraq should be having theirs over the next few months for the year 2022. These documents are about as complete as it gets when it comes to progress, development and integration into the global financial system...
5-7-2022 Newshound Guru MilitiaMan [Reply to Newshound Guru Godlover below] I have not seen one or more articles to suggest that, in respect to June...Even if it is out to June based off news, it is not far off. But, what looks more promising is the below from Sadr... Article quote "Earlier, independent MP Hassan Al-Khafaji revealed to Shafak News Agency that a meeting will be held by the independent representatives next week to discuss the initiatives of the coordination framework and the Sadrist movement and to come up with a solution to end the political blockage."
5-7-2022 Newshound Guru Godlover Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage" I am beginning to wonder if this can ever be resolved without another election. Anyway, I can't see it being resolved anytime soon. One or more articles spoke of the end of June to resolve the current political impasse I believe & I certainly would not be surprised.
5-7-2022 Newshound Guru Pimpy Question: "Which dinar are we supposed to buy?" Nothing before 2003...25000, the 10,000 one in green, 5000...the most commonly bought one is the 25000 dinar. Some people have the 10,000. Some people have the 50,000. I have the fifty thousand, the twenty five thousand, the 10 and the 5 thousand...anything after 2003 should be fine.
5-7-2022 Newshound Guru Clare Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage". Quote: "With the end of the deadline comes a new failure in the attempts of the framework or the movement to find an understanding with the other forces in order to set a new date for holding a parliament session, dedicated to electing a new president of the republic, and completing the constitutional entitlements represented by forming a new government."
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] ...Deleting the zeros alone does not give increase in purchasing power. It's a collective project. FRANK: This is the time when all they will talk about is the deletion of the 3 zeros from the exchange rate to add value to your currency and you are beholding it. The ISO20022 is the door for your currency to go international. And when the IMF gave it to the CBI last week we all went crazy...[Post 2 of 2]
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Accounting experts saying deleting zeros would cost the government 6 cents for each note and that it would help citizens carry less money and would be much easier as for accounting issues however this has to be included with the Council of Ministers and Parliament to actually add value for purchasing power... [Post 1 of 2....stay tuned]
5-7-2022 Intel Guru MarkZ [via PDK] ...The IMF made a statement earlier this week and are pushing for Iraq to increase their rate or strengthen their currency. Give it a higher value…so we know that it is imminent…we just don’t know the exact time. ...Military contacts are saying that mid –month is still their timeframe…Iraqi contacts are squarely looking at the start of next week as well. …It’s all positive. We don’t know the exact timing but it appears we are exceptionally close…this is from all kinds of different sources...not just one.
5-7-2022 Intel Guru MarkZ [via PDK] There is so many expectations and festivities going on in Iraq I am surprised there isn’t more news….Iraq sources are eerily quiet...I have heard we can expect a complete blackout from the country when the Rate release happens…but it just may be because it’s a weekend. Kuwait did its best to keep their rate change a secret for 10 days. I don’t think that in today’s world this would be possible with our technology…
5-7-2022 Newshound Guru Kaperoni Every year the IMF usually meets with each member state and does a thorough evaluation including recommendations of their banking system it's called the Article IV Consultation. Iraq should be having theirs over the next few months for the year 2022. These documents are about as complete as it gets when it comes to progress, development and integration into the global financial system...
5-7-2022 Newshound Guru MilitiaMan [Reply to Newshound Guru Godlover below] I have not seen one or more articles to suggest that, in respect to June...Even if it is out to June based off news, it is not far off. But, what looks more promising is the below from Sadr... Article quote "Earlier, independent MP Hassan Al-Khafaji revealed to Shafak News Agency that a meeting will be held by the independent representatives next week to discuss the initiatives of the coordination framework and the Sadrist movement and to come up with a solution to end the political blockage."
5-7-2022 Newshound Guru Godlover Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage" I am beginning to wonder if this can ever be resolved without another election. Anyway, I can't see it being resolved anytime soon. One or more articles spoke of the end of June to resolve the current political impasse I believe & I certainly would not be surprised.
5-7-2022 Newshound Guru Pimpy Question: "Which dinar are we supposed to buy?" Nothing before 2003...25000, the 10,000 one in green, 5000...the most commonly bought one is the 25000 dinar. Some people have the 10,000. Some people have the 50,000. I have the fifty thousand, the twenty five thousand, the 10 and the 5 thousand...anything after 2003 should be fine.
5-7-2022 Newshound Guru Clare Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage". Quote: "With the end of the deadline comes a new failure in the attempts of the framework or the movement to find an understanding with the other forces in order to set a new date for holding a parliament session, dedicated to electing a new president of the republic, and completing the constitutional entitlements represented by forming a new government."
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] ...Deleting the zeros alone does not give increase in purchasing power. It's a collective project. FRANK: This is the time when all they will talk about is the deletion of the 3 zeros from the exchange rate to add value to your currency and you are beholding it. The ISO20022 is the door for your currency to go international. And when the IMF gave it to the CBI last week we all went crazy...[Post 2 of 2]
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Accounting experts saying deleting zeros would cost the government 6 cents for each note and that it would help citizens carry less money and would be much easier as for accounting issues however this has to be included with the Council of Ministers and Parliament to actually add value for purchasing power... [Post 1 of 2....stay tuned]
5-7-2022 Intel Guru MarkZ [via PDK] ...The IMF made a statement earlier this week and are pushing for Iraq to increase their rate or strengthen their currency. Give it a higher value…so we know that it is imminent…we just don’t know the exact time. ...Military contacts are saying that mid –month is still their timeframe…Iraqi contacts are squarely looking at the start of next week as well. …It’s all positive. We don’t know the exact timing but it appears we are exceptionally close…this is from all kinds of different sources...not just one.
5-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Oil Minister is saying just last month oil revenue was over $10 billion. This is just one month revenue. Then the economic experts came on TV and said it's time for Iraqi citizens to share in this wealth and Iraq needs to show the true value of their currency. Saying Iraq is losing billions with a program rate. FRANK: ...This is a dream come true...
5-6-2022 Intel Guru Bruce [via WiserNow] ...The latest thing I got...on our timing is pointing to...us...to get notified and get started the middle of next week...so that would be the 10th 11th and or 12th - Tues – Wed – Thurs... by the intel I had today starting middle of next week...that’s what I’ve got...I’m excited...
5-6-2022 Newshound Guru Kaperoni Article XIV under the IMF Charter is a necessity first and foremost before any bank would even consider doing business with Iraq. All this talk about ISO 20022 is nonsense at this time...has nothing to do with Iraq's exchange rate. Iraq isn't even an IMF Article XIV...
5-6-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Mike Cottrell: ... everything looks to be gearing up. We are seeing some very positive activity and possibly the rollover or RV somewhere around the middle of this month. IMO that is where we are...We are looking at a very good time right now and I think we are almost there. MarkZ: I agree with you based on everything we are seeing come together.
5-6-2022 Newshound Guru Pimpy It's kind of hard to figure out what direction Iraq is going to go into without the new government there. You're not going to see any kind of rate change until this government is formed and firmly on its feet and running. That's just a cold hard truth...I'm not trying to be the bearer of bad news I'm the one that's just saying let's stay grounded...
5-6-2022 Intel Guru Frank26 Article: "After the failure of the coordination framework to form it... Al-Sadr calls on independent representatives to form a government without Sadrist ministers" "Independent MPs will meet next week to discuss the Sadr and Framework initiatives" They're telling you, 'we have a political agreement. We've had it' ...this political agreement will lead to a seated government, will lead to the budget, will lead to reforms, will lead to the white papers, will lead to the new exchange rate, will lead to the small category notes for the citizens. The new exchange rate is mainly for the external outside usage where the NSCN are for the citizens inside of Iraq...
5-6-2022 Intel Guru MarkZ [via PDK] [Is it true we will have to pay capital gains tax on our exchange?] I do not think we will have to…but I am prepared in case they do... [Always check with your tax professional at the appropriate time.]
5-6-2022 Intel Guru Bruce [via WiserNow] ...The latest thing I got...on our timing is pointing to...us...to get notified and get started the middle of next week...so that would be the 10th 11th and or 12th - Tues – Wed – Thurs... by the intel I had today starting middle of next week...that’s what I’ve got...I’m excited...
5-6-2022 Newshound Guru Kaperoni Article XIV under the IMF Charter is a necessity first and foremost before any bank would even consider doing business with Iraq. All this talk about ISO 20022 is nonsense at this time...has nothing to do with Iraq's exchange rate. Iraq isn't even an IMF Article XIV...
5-6-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Mike Cottrell: ... everything looks to be gearing up. We are seeing some very positive activity and possibly the rollover or RV somewhere around the middle of this month. IMO that is where we are...We are looking at a very good time right now and I think we are almost there. MarkZ: I agree with you based on everything we are seeing come together.
5-6-2022 Newshound Guru Pimpy It's kind of hard to figure out what direction Iraq is going to go into without the new government there. You're not going to see any kind of rate change until this government is formed and firmly on its feet and running. That's just a cold hard truth...I'm not trying to be the bearer of bad news I'm the one that's just saying let's stay grounded...
5-6-2022 Intel Guru Frank26 Article: "After the failure of the coordination framework to form it... Al-Sadr calls on independent representatives to form a government without Sadrist ministers" "Independent MPs will meet next week to discuss the Sadr and Framework initiatives" They're telling you, 'we have a political agreement. We've had it' ...this political agreement will lead to a seated government, will lead to the budget, will lead to reforms, will lead to the white papers, will lead to the new exchange rate, will lead to the small category notes for the citizens. The new exchange rate is mainly for the external outside usage where the NSCN are for the citizens inside of Iraq...
5-6-2022 Intel Guru MarkZ [via PDK] [Is it true we will have to pay capital gains tax on our exchange?] I do not think we will have to…but I am prepared in case they do... [Always check with your tax professional at the appropriate time.]
5-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Television news is showing alliance groups has signatures to request a session on May 7th to vote for a president and also vote on the budget... FRANK: ...The 7th is going to be an interesting day unless they do the same nonsense, 'We postpone it.' I don't think so though. This is being laser focused...concentrated on what they are doing...we await to see the outcome.
5-5-2022 Newshound Guru Sandy Ingram The policies surrounding the exchange of the old currency, the dinar we hold, and the newly printed currency, which no one is admitting to, will determine who can exchange the old currency to the new. They could limit the exchange to Iraqi citizens and countries or they could only exchange currency inside of the country, meaning you...would need to travel to Iraq in order to exchange the currency. And while you're there...build up the tourist industry...Once the exchange period is over Iraq could...purely as speculation...float the new currency...we will have to see. [Post 2 of 2]
5-5-2022 Newshound Guru Sandy Ingram A few of you have mentioned...you have trouble believing Iraq will ever revalue their currency because they have overprinted the money. This is a valid concern. Some people believe Iraq will have the necessary income [Because of oil] to rebuild the country, create new jobs, along with enough cash flow to maintain the government...pay Iran for electricity, clean up the rivers, smother corruption and print new currency. [Post 1 of 2....stay tuned]
5-5-2022 Newshound Guru Kaperoni [Response to Newshound Guru Pimpy 5-4-2022] Guru Pimpy thinks because Iraq's revenues are predicting to rise they should raise the exchange rate. It's going to take more than a prediction for Iraq's exchange rate to rise, they actually have to begin to accomplish building a private sector economy and increase GDP...And even then it will not rise overnight it's going to take a long time for the dinar to gradually appreciate as a result of the success of the growth of Iraq's economy...
5-5-2022 Newshound Guru Pimpy It's still a hot mess over in Iraq politically but things will start to change once Sadr comes out of seclusion. I'm curious to hear what his statement is going to be and if he mobilizes his people at all in order to make a statement. He gave the Coordination Framework 40 days. The 40 days has come to pass. What does that mean? What can he do? What is he going to do? All eyes are on Sadr...
5-5-2022 Intel Guru MarkZ [via PDK] There is some back and forth out of Iraq that it may take longer now to seat their politicians. Many conflicting articles out there right now. The same kind of back and forth we saw in Kuwait in the weeks leading up to their RV. So don’t panic everytime you see a piece of news…i am still hearing very positive news. Iraqi contacts are still hearing to watch between the 7th and the 10th. Redemption folks were told they are on call this weekend. Military folks are very stoked for something to happen mid- month…which we are quickly approaching.
5-5-2022 Newshound/Intel Guru Walkingstick [via Frank] If we do have a government established by the 7th or the 12th that's going to trigger a lot of events that are important to you and I and the citizens concerning the monetary reform...if there is a seated government by Saturday Walkingstick's bank friends are going to call and tell him what the CBI is telling the banks what the next steps will be...
5-5-2022 Intel Guru Frank26 May the 7th that's interesting isn't it. They're also talking about May the 12th...I'm not giving you these dates because that's when it's going to happen. These dates are more belonging to the possibility of Iraq actually having a government. The first one was May 7th. Now they're talking about May 12th too.
5-5-2022 Intel Guru Bruce ...the latest we had ...is pointing toward us still going this week and I’m hearing 4th - 5th or 6th that would be Wed – Thursday – Friday – of this week – for notifications to come out...It could very well happen this week...
5-5-2022 Newshound Guru Sandy Ingram The policies surrounding the exchange of the old currency, the dinar we hold, and the newly printed currency, which no one is admitting to, will determine who can exchange the old currency to the new. They could limit the exchange to Iraqi citizens and countries or they could only exchange currency inside of the country, meaning you...would need to travel to Iraq in order to exchange the currency. And while you're there...build up the tourist industry...Once the exchange period is over Iraq could...purely as speculation...float the new currency...we will have to see. [Post 2 of 2]
5-5-2022 Newshound Guru Sandy Ingram A few of you have mentioned...you have trouble believing Iraq will ever revalue their currency because they have overprinted the money. This is a valid concern. Some people believe Iraq will have the necessary income [Because of oil] to rebuild the country, create new jobs, along with enough cash flow to maintain the government...pay Iran for electricity, clean up the rivers, smother corruption and print new currency. [Post 1 of 2....stay tuned]
5-5-2022 Newshound Guru Kaperoni [Response to Newshound Guru Pimpy 5-4-2022] Guru Pimpy thinks because Iraq's revenues are predicting to rise they should raise the exchange rate. It's going to take more than a prediction for Iraq's exchange rate to rise, they actually have to begin to accomplish building a private sector economy and increase GDP...And even then it will not rise overnight it's going to take a long time for the dinar to gradually appreciate as a result of the success of the growth of Iraq's economy...
5-5-2022 Newshound Guru Pimpy It's still a hot mess over in Iraq politically but things will start to change once Sadr comes out of seclusion. I'm curious to hear what his statement is going to be and if he mobilizes his people at all in order to make a statement. He gave the Coordination Framework 40 days. The 40 days has come to pass. What does that mean? What can he do? What is he going to do? All eyes are on Sadr...
5-5-2022 Intel Guru MarkZ [via PDK] There is some back and forth out of Iraq that it may take longer now to seat their politicians. Many conflicting articles out there right now. The same kind of back and forth we saw in Kuwait in the weeks leading up to their RV. So don’t panic everytime you see a piece of news…i am still hearing very positive news. Iraqi contacts are still hearing to watch between the 7th and the 10th. Redemption folks were told they are on call this weekend. Military folks are very stoked for something to happen mid- month…which we are quickly approaching.
5-5-2022 Newshound/Intel Guru Walkingstick [via Frank] If we do have a government established by the 7th or the 12th that's going to trigger a lot of events that are important to you and I and the citizens concerning the monetary reform...if there is a seated government by Saturday Walkingstick's bank friends are going to call and tell him what the CBI is telling the banks what the next steps will be...
5-5-2022 Intel Guru Frank26 May the 7th that's interesting isn't it. They're also talking about May the 12th...I'm not giving you these dates because that's when it's going to happen. These dates are more belonging to the possibility of Iraq actually having a government. The first one was May 7th. Now they're talking about May 12th too.
5-5-2022 Intel Guru Bruce ...the latest we had ...is pointing toward us still going this week and I’m hearing 4th - 5th or 6th that would be Wed – Thursday – Friday – of this week – for notifications to come out...It could very well happen this week...
5-4-2022 Intel Guru Frank26 There was a major announcement [ISO20022]...the closest thing to it [that announcement] would be for them to tell you what the new exchange rate is. This [ISO20022] allows them to tell you what the new exchange rate is. It's extremely exciting.
5-4-2022 Intel Guru MarkZ [via PDK] [Do you think the RV will happen even if Iraq doesn’t have its government in place?] Yes…at some point …They have already made it very clear the CBI has the authority to do it. The CBI is separate from the GOI and the IMF is screaming at the CBI to change the value of the dinar alread.
5-4-2022 Newshound Guru Kaperoni Question "if Iraq creates a LOP how are investors impacted?" The proposed idea is a neutral event. Meaning they'll be very little gain. We do not want to see this occur. There are many economists in Iraq that do not agree with a LOP and think that Iraq should leave the dinar alone and grow the economy.
5-4-2022 Newshound Guru Pimpy Article: "Despite the Sadrists' statement, the coordination framework announces an effective rapprochement at the beginning of next month" Here the Coordination Framework announced...everything is honky dory. The coordination Framework will join up with Sadr movement and they will form the largest block. They're making it sound like everything is peaches and cream...only to have Sadr come behind them and deny them all together...
5-4-2022 Intel Guru Frank26 Article: "Ahmed Al-Rubaie to / NINA /: The political forces with a quick solution to the political blockage..and no indications to proceed with early elections" MAY 7TH.
5-4-2022 Intel Guru MarkZ [via PDK] Iraqi contacts are squarely looking at between the 7th and the 10th for a new currency rate...I was told weeks ago to watch between the 5th and the 7th for a new rate…now it looks like its between the 7th and the 10th. I did get more news on tier 3. All I can say without getting anyone in trouble…is on a different continent I have a tier 3 contact that says “yes-some tier 3 money has moved”...it does appear to be a slow roll-out…or maybe it’s just a warm-up…but I am very excited about it. [What are your military contacts saying?] They are looking squarely at mid–May. They are expecting huge changes over the next week and a half.
5-4-2022 Newshound Guru Clare Article: "The International Monetary Fund expects a jump in Iraq's public revenues of nearly $150 billion" Quote: "it is expected that the Arab oil-exporting countries will witness jumps in their revenues during the current year, in conjunction with the rise in oil prices globally," noting that "it is expected that Iraq's revenues during 2022 will reach 149 billion dollars." And an annual change rate of 73 percent from 2021."
5-4-2022 Newshound Guru Pimpy Article: "International Monetary: Iraq's Revenues Will Reach Nearly 150 Billion Dollars In 2022". This is awesome, awesome news. This is something that people should be excited about because this is a big portion of a good reason to change the exchange rate (but not all the reasons)... Quote: "the IMF expected that Iraq will achieve a jump in it's public revenues during the 2022 year...with annual change rate of 73% over the 2021 year." That is phenomenal. That's a huge jump.
5-4-2022 Intel Guru Fleming The IMF told IRAQ that $3.23 USD would be a fair price per Dinar. Iraq won’t start with this rate to the world, it will begin with a front screen rate of 1 IQD to $1 USD which has long been discussed. Then, it is suspected that in 5 to 10 days, it will go to this price and possibly beyond. No doubt, they want to capture all of the poor people first rushing in to get this 1:1 rate.
5-4-2022 Intel Guru MarkZ [via PDK] [Do you think the RV will happen even if Iraq doesn’t have its government in place?] Yes…at some point …They have already made it very clear the CBI has the authority to do it. The CBI is separate from the GOI and the IMF is screaming at the CBI to change the value of the dinar alread.
5-4-2022 Newshound Guru Kaperoni Question "if Iraq creates a LOP how are investors impacted?" The proposed idea is a neutral event. Meaning they'll be very little gain. We do not want to see this occur. There are many economists in Iraq that do not agree with a LOP and think that Iraq should leave the dinar alone and grow the economy.
5-4-2022 Newshound Guru Pimpy Article: "Despite the Sadrists' statement, the coordination framework announces an effective rapprochement at the beginning of next month" Here the Coordination Framework announced...everything is honky dory. The coordination Framework will join up with Sadr movement and they will form the largest block. They're making it sound like everything is peaches and cream...only to have Sadr come behind them and deny them all together...
5-4-2022 Intel Guru Frank26 Article: "Ahmed Al-Rubaie to / NINA /: The political forces with a quick solution to the political blockage..and no indications to proceed with early elections" MAY 7TH.
5-4-2022 Intel Guru MarkZ [via PDK] Iraqi contacts are squarely looking at between the 7th and the 10th for a new currency rate...I was told weeks ago to watch between the 5th and the 7th for a new rate…now it looks like its between the 7th and the 10th. I did get more news on tier 3. All I can say without getting anyone in trouble…is on a different continent I have a tier 3 contact that says “yes-some tier 3 money has moved”...it does appear to be a slow roll-out…or maybe it’s just a warm-up…but I am very excited about it. [What are your military contacts saying?] They are looking squarely at mid–May. They are expecting huge changes over the next week and a half.
5-4-2022 Newshound Guru Clare Article: "The International Monetary Fund expects a jump in Iraq's public revenues of nearly $150 billion" Quote: "it is expected that the Arab oil-exporting countries will witness jumps in their revenues during the current year, in conjunction with the rise in oil prices globally," noting that "it is expected that Iraq's revenues during 2022 will reach 149 billion dollars." And an annual change rate of 73 percent from 2021."
5-4-2022 Newshound Guru Pimpy Article: "International Monetary: Iraq's Revenues Will Reach Nearly 150 Billion Dollars In 2022". This is awesome, awesome news. This is something that people should be excited about because this is a big portion of a good reason to change the exchange rate (but not all the reasons)... Quote: "the IMF expected that Iraq will achieve a jump in it's public revenues during the 2022 year...with annual change rate of 73% over the 2021 year." That is phenomenal. That's a huge jump.
5-4-2022 Intel Guru Fleming The IMF told IRAQ that $3.23 USD would be a fair price per Dinar. Iraq won’t start with this rate to the world, it will begin with a front screen rate of 1 IQD to $1 USD which has long been discussed. Then, it is suspected that in 5 to 10 days, it will go to this price and possibly beyond. No doubt, they want to capture all of the poor people first rushing in to get this 1:1 rate.
5-3-2022 Intel Guru MarkZ [via PDK] …we have had 2 very solid confirmations from Tier 3 and them having received small bank wires…compared to what they are owed. Test wires. And that tells us (imo) that real money has started moving in tier 3…This is exciting. I think this is fantastic news...I have some very large folks in tier 3 that have not seen any movement yet. So I think we are in the very beginning of this. Hopefully we will get more reports of payments by tomorrow. Maybe we will have a phenomenal update tomorrow...
5-3-2022 Newshound Guru Pimpy Sadr gave the Coordination Framework 40 days to try to form the government. If a new government is formed we know Sadr did not have a part in that. It looks like Sadr's 40 days are at the end or have ended so we're about to find out what it is that Sadr had in mind. Some type of announcement should come out.
5-3-2022 Newshound Guru Kaperoni For the central bank to be in agreement with the World Bank and IMF to continually improve and build their banking system, compliance, etc is a good thing! It will eventually provide them with the tools and skill to engage with the global financial system...But Iraq's exchange rate will never be a random act, it'll be based on sound economic policies and the growth of Iraq's economy and private sector. [Post 2 of 2]
5-3-2022 Newshound Guru Kaperoni After reviewing the monetary policy of the Central Bank of Iraq has posted on the Central Bank of Iraq's website for the period 2016 to 2020 it does confirm Iraq is in development of a financial system in accordance with ISO 20022...It also states that Iraq is planning to restructure the currency taking measures to delete the three zeros and issue a new dinar (which is a LOP). This confirms what is currently being taught to citizens during symposiums. [Post 1 of 2...stay tuned]
5-3-2022 Intel Guru MarkZ [via PDK] We have had a lot of news happen over the last couple of days. We have the Iraqi President screaming that they need to end all the political blockades and get this all done by May 7th. The IMF came out and said it is time for Iraq to adjust and strengthen their currency. (ie: change the value on it) Now let’s talk about the “Rumormill” from my contacts. We are hearing that Tier 3 will start today...doing small transactions first on the tier 3 level to make sure everything is secure and then move forward...So, once again we appear to be sitting on the edges of our seats. We are in a fantastic position and have seen a lot of progress over the last 48 hours…
5-3-2022 Intel Guru Frank26 This breaks the shackles. This breaks the chains. Article VIII was extremely important. Chapter VII was extremely important. But this is busting the door wide open...The ISO has been around since 2013/14 but it just now being given to Iraq/CBI. What caused it to be given to them? An Addendum...to slowly remove the Swift system...this is major. This is huge...This is a request from the IMF for the dinar to be asset backed...it allows the IQD via the ISO compliance to be international...the ISO is simply a platform for the IQD to go international... [Post 2 of 2]
5-3-2022 Intel Guru Frank26 IMO it was for me to say to you something major will happen in the month of April in Iraq concerning their monetary reform. It was called the International Standardization Organization (ISO20022) and it was announced last Thursday officially. You need to understand this is major. This is huge...this was signed around the 22nd of April...why would this announcement be coming just now last Thursday? The world is 'timing'... [Post 1 of 2...stay tuned]
5-3-2022 Newshound/Intel Guru Mnt Goat ...Getting a government formed sooner than later hinges on two events. One is that they do take a vote on the new president on May 7th and second then move ahead to vote on the new prime minister. Any other actions will postpone the new government from being formed maybe for months...so let’s hope on May 7th they can settle this election.
5-3-2022 Newshound Guru Pimpy Sadr gave the Coordination Framework 40 days to try to form the government. If a new government is formed we know Sadr did not have a part in that. It looks like Sadr's 40 days are at the end or have ended so we're about to find out what it is that Sadr had in mind. Some type of announcement should come out.
5-3-2022 Newshound Guru Kaperoni For the central bank to be in agreement with the World Bank and IMF to continually improve and build their banking system, compliance, etc is a good thing! It will eventually provide them with the tools and skill to engage with the global financial system...But Iraq's exchange rate will never be a random act, it'll be based on sound economic policies and the growth of Iraq's economy and private sector. [Post 2 of 2]
5-3-2022 Newshound Guru Kaperoni After reviewing the monetary policy of the Central Bank of Iraq has posted on the Central Bank of Iraq's website for the period 2016 to 2020 it does confirm Iraq is in development of a financial system in accordance with ISO 20022...It also states that Iraq is planning to restructure the currency taking measures to delete the three zeros and issue a new dinar (which is a LOP). This confirms what is currently being taught to citizens during symposiums. [Post 1 of 2...stay tuned]
5-3-2022 Intel Guru MarkZ [via PDK] We have had a lot of news happen over the last couple of days. We have the Iraqi President screaming that they need to end all the political blockades and get this all done by May 7th. The IMF came out and said it is time for Iraq to adjust and strengthen their currency. (ie: change the value on it) Now let’s talk about the “Rumormill” from my contacts. We are hearing that Tier 3 will start today...doing small transactions first on the tier 3 level to make sure everything is secure and then move forward...So, once again we appear to be sitting on the edges of our seats. We are in a fantastic position and have seen a lot of progress over the last 48 hours…
5-3-2022 Intel Guru Frank26 This breaks the shackles. This breaks the chains. Article VIII was extremely important. Chapter VII was extremely important. But this is busting the door wide open...The ISO has been around since 2013/14 but it just now being given to Iraq/CBI. What caused it to be given to them? An Addendum...to slowly remove the Swift system...this is major. This is huge...This is a request from the IMF for the dinar to be asset backed...it allows the IQD via the ISO compliance to be international...the ISO is simply a platform for the IQD to go international... [Post 2 of 2]
5-3-2022 Intel Guru Frank26 IMO it was for me to say to you something major will happen in the month of April in Iraq concerning their monetary reform. It was called the International Standardization Organization (ISO20022) and it was announced last Thursday officially. You need to understand this is major. This is huge...this was signed around the 22nd of April...why would this announcement be coming just now last Thursday? The world is 'timing'... [Post 1 of 2...stay tuned]
5-3-2022 Newshound/Intel Guru Mnt Goat ...Getting a government formed sooner than later hinges on two events. One is that they do take a vote on the new president on May 7th and second then move ahead to vote on the new prime minister. Any other actions will postpone the new government from being formed maybe for months...so let’s hope on May 7th they can settle this election.
5-2-2022 Intel Guru MarkZ [via PDK] [Clarification: Are we looking for us to go after May 7th because of Iraq???.] I think it would make more sense for us to go before Iraq announces it….
5-2-2022 Newshound Guru Kaperoni So what is ISO 20022? ... This new standard is simply a new set of international standards and procedures for global financial transactions...These new standards are being rolled out throughout the worlds banking with an expected completion date of 2025. I have yet to see anything that says Iraq is in compliance. And again, it has nothing to do with any RV of the dinar.
5-2-2022 Newshound/Intel Guru Mnt Goat Article: "UNITED STATES: IRAQ MUST FORM A NEW GOVERNMENT TO STOP INSTABILITY" Quote: "...the delay in this formation is delaying progress on these bilateral issues in all sectors including security, health care and the economy..." ...the CBI keeps telling us – in order to reinstate the dinar and then the RV they will need STABILTY and SECURITY. So, they have one but now need the stability of the government. They will need the new government to be formed first. It is all here now in black and white so there is no doubt this is the show stopper in the project to delete the zeros.
5-2-2022 Newshound Guru Pimpy Question: "When we do the exchange at the banks will there be capital gains taxes?" Yes. Capital gains tax on anything over $500 and gained value from your exchange. [NOTE: Consult your tax professionals at the appropriate time. Some gurus feel the exchange will be handled at ordinary income.]
5-2-2022 Intel Guru MarkZ [via PDK] Article: ”Al Kazemi’s advisor announces the Ministry of Finance‘s completion of the 2022 Budget” This is expected to go into effect on May 7th. Unless we get news stating otherwise …I think this is fantastic. So what do we have over the last week … Iraq is ISO compliant, a completed budget and we are also hearing they will have a completed government starting on May 7th. So we have a lot to look forward to over the coming days .
5-2-2022 Newshound Guru Kaperoni [Response to Guru Walkingstick 4-30-2022] ...Guru Walkingstick thinks Iraq has been destroying 25k notes. They may have been but it would have only been on a replacement basis which is the central bank's responsibility. Implying that they are reducing the money supply is nonsense. It is a known fact that the money supply has been increasing over the last year-and-a-half as a result of the reduction in exchange rate. It is now over 100 trillion dinar in circulation...
5-2-2022 Intel Guru Fleming Venezuela and Iraq have both fulfilled the ISO 20022 requirements and agree to participate in world trade with ISO 20022 compatible digital currency. A State-Backed, Asset-backed CBDC. This is the completion of the list of “first basket” countries we’ve been waiting for. According to...Military contacts, this is all we’ve been waiting for.
5-2-2022 Intel Guru MarkZ [via PDK] [Where will we exchange in the UK?] I am told HSBC is in charge of yours. And they will use bank locations with spare offices. They will not share those addresses until the event occurs. I am told you will have to sign an electronic NDA before they will tell you where. They don’t want locations leaked for security reasons.
5-2-2022 Newshound Guru Kaperoni So what is ISO 20022? ... This new standard is simply a new set of international standards and procedures for global financial transactions...These new standards are being rolled out throughout the worlds banking with an expected completion date of 2025. I have yet to see anything that says Iraq is in compliance. And again, it has nothing to do with any RV of the dinar.
5-2-2022 Newshound/Intel Guru Mnt Goat Article: "UNITED STATES: IRAQ MUST FORM A NEW GOVERNMENT TO STOP INSTABILITY" Quote: "...the delay in this formation is delaying progress on these bilateral issues in all sectors including security, health care and the economy..." ...the CBI keeps telling us – in order to reinstate the dinar and then the RV they will need STABILTY and SECURITY. So, they have one but now need the stability of the government. They will need the new government to be formed first. It is all here now in black and white so there is no doubt this is the show stopper in the project to delete the zeros.
5-2-2022 Newshound Guru Pimpy Question: "When we do the exchange at the banks will there be capital gains taxes?" Yes. Capital gains tax on anything over $500 and gained value from your exchange. [NOTE: Consult your tax professionals at the appropriate time. Some gurus feel the exchange will be handled at ordinary income.]
5-2-2022 Intel Guru MarkZ [via PDK] Article: ”Al Kazemi’s advisor announces the Ministry of Finance‘s completion of the 2022 Budget” This is expected to go into effect on May 7th. Unless we get news stating otherwise …I think this is fantastic. So what do we have over the last week … Iraq is ISO compliant, a completed budget and we are also hearing they will have a completed government starting on May 7th. So we have a lot to look forward to over the coming days .
5-2-2022 Newshound Guru Kaperoni [Response to Guru Walkingstick 4-30-2022] ...Guru Walkingstick thinks Iraq has been destroying 25k notes. They may have been but it would have only been on a replacement basis which is the central bank's responsibility. Implying that they are reducing the money supply is nonsense. It is a known fact that the money supply has been increasing over the last year-and-a-half as a result of the reduction in exchange rate. It is now over 100 trillion dinar in circulation...
5-2-2022 Intel Guru Fleming Venezuela and Iraq have both fulfilled the ISO 20022 requirements and agree to participate in world trade with ISO 20022 compatible digital currency. A State-Backed, Asset-backed CBDC. This is the completion of the list of “first basket” countries we’ve been waiting for. According to...Military contacts, this is all we’ve been waiting for.
5-2-2022 Intel Guru MarkZ [via PDK] [Where will we exchange in the UK?] I am told HSBC is in charge of yours. And they will use bank locations with spare offices. They will not share those addresses until the event occurs. I am told you will have to sign an electronic NDA before they will tell you where. They don’t want locations leaked for security reasons.
5-1-2022 Newshound Guru Kaperoni Current Prime Minister Al-Kazemi said yesterday when asked about the exchange rate of the dinar... "We do not have the magic wand to change reality in one fell swoop, but we have laid the foundations of normal life." That should be enough to tell people there is no RV!
5-1-2022 Intel Guru MarkZ [via PDK] “Al Kazemis advisors set conditions for deposit of the financial surplus in a sovereign fund.” In other words if they don’t have things set up for the 7th …they are going to put all this surplus in a special fund so they can address poverty. They are really moving forward right now. So on the 7th of May…looks like a lot of big things happening. Looks like we will have a President and a budget. Buckle up kids…It’s getting fun. [post 2 of 2]
5-1-2022 Intel Guru MarkZ [via PDK] Getting a lot of chatter out of Iraq…some important ones…they are talking May 7th they are going to seat the new president. And Al Kazemis advisor announces the ministry of finances completion of the 2022 budget. That is a big one. The technical advisor to the Prime Minister announced on Saturday evening the completion of the federal budget for the year 2022...The food security law is not a substitute for the budget...in other words they are moving forward with the full budget because they need to address runaway inflation and tripling of food costs. This is big guys… then we see... [post 1 of 2....stay tuned]
5-1-2022 Newshound Guru Pimpy If the dinar is at $1 for 1450 dinars buys you let's say...an apple, then all of a sudden the value of the dinar changes to $3.22 cents USD...the apple should not still be 1450 dinars...it would probably be .25 dinar or something like that... [Post 2 of 2]
5-1-2022 Newshound Guru Pimpy Question: "If the price of goods [inside Iraq] are technically the same after the revalue there really is no benefit to anyone [Iraqi people]?" Whoever owns the store, whoever owns the goods...they should have made the adjustment. They [the prices] shouldn't stay the same. That's where people in country are gonna notice a huge change in value. When your cost of goods, services and supplies change...especially one in which your purchasing power increased by 4069%... [Post 1 of 2....stay tuned]
5-1-2022 Newshound/Intel Guru Walkingstick Question: "Wouldn't it make more sense for them to come out at $3 or $4 to 1 right off the bat instead of a $1.50 or $2.00 since their economy is way better than it's been since 1970?" Well no because you have to factor in the REER [Real effective exchange rate]...
5-1-2022 Newshound/Intel Guru Mnt Goat Article: "ALLIANCE FOR THE PEOPLE ANNOUNCES THE SUBMISSION OF A REQUEST TO HOLD A SESSION FOR THE ELECTION OF THE PRESIDENT OF THE REPUBLIC" Quote: "...includes collecting signatures to hold a session on Saturday, May 7th the next step is to come up with a political solution to complete the parliamentary committees and pass the budget law...." Wow!!!! I did not know they wanted to also pass the budget law on May 7th as well and vote on the new president. This is a BIG day for Iraq.
5-1-2022 Intel Guru MarkZ [via PDK] “Al Kazemis advisors set conditions for deposit of the financial surplus in a sovereign fund.” In other words if they don’t have things set up for the 7th …they are going to put all this surplus in a special fund so they can address poverty. They are really moving forward right now. So on the 7th of May…looks like a lot of big things happening. Looks like we will have a President and a budget. Buckle up kids…It’s getting fun. [post 2 of 2]
5-1-2022 Intel Guru MarkZ [via PDK] Getting a lot of chatter out of Iraq…some important ones…they are talking May 7th they are going to seat the new president. And Al Kazemis advisor announces the ministry of finances completion of the 2022 budget. That is a big one. The technical advisor to the Prime Minister announced on Saturday evening the completion of the federal budget for the year 2022...The food security law is not a substitute for the budget...in other words they are moving forward with the full budget because they need to address runaway inflation and tripling of food costs. This is big guys… then we see... [post 1 of 2....stay tuned]
5-1-2022 Newshound Guru Pimpy If the dinar is at $1 for 1450 dinars buys you let's say...an apple, then all of a sudden the value of the dinar changes to $3.22 cents USD...the apple should not still be 1450 dinars...it would probably be .25 dinar or something like that... [Post 2 of 2]
5-1-2022 Newshound Guru Pimpy Question: "If the price of goods [inside Iraq] are technically the same after the revalue there really is no benefit to anyone [Iraqi people]?" Whoever owns the store, whoever owns the goods...they should have made the adjustment. They [the prices] shouldn't stay the same. That's where people in country are gonna notice a huge change in value. When your cost of goods, services and supplies change...especially one in which your purchasing power increased by 4069%... [Post 1 of 2....stay tuned]
5-1-2022 Newshound/Intel Guru Walkingstick Question: "Wouldn't it make more sense for them to come out at $3 or $4 to 1 right off the bat instead of a $1.50 or $2.00 since their economy is way better than it's been since 1970?" Well no because you have to factor in the REER [Real effective exchange rate]...
5-1-2022 Newshound/Intel Guru Mnt Goat Article: "ALLIANCE FOR THE PEOPLE ANNOUNCES THE SUBMISSION OF A REQUEST TO HOLD A SESSION FOR THE ELECTION OF THE PRESIDENT OF THE REPUBLIC" Quote: "...includes collecting signatures to hold a session on Saturday, May 7th the next step is to come up with a political solution to complete the parliamentary committees and pass the budget law...." Wow!!!! I did not know they wanted to also pass the budget law on May 7th as well and vote on the new president. This is a BIG day for Iraq.
4-30-2022 Intel Guru sheila [QFS??? Instant moving money in seconds vs days?] yep [u think this is one of the things we are waiting for?] Yes, part of supporting ISO 20022 compliance. My opinion only. ISO20022 is a driving force for financial, banking standards.
4-30-2022 Intel Guru MarkZ [via PDK] There was one very big piece of news...from Iraq . Iraq is now certified under ISO. So for all you folks talking about the ISO 20022 stuff…there you go. I know there has been a lot of chatter...about this …about how this could be a necessary piece...Well Iraq is now ready and everyone can quit worrying about Iraq on this one.
4-30-2022 Newshound/Intel Guru Walkingstick Question "When they start calling in the IQD three zeros will they start with higher denominations or the lower ones?" Higher. 25K notes. They have been doing that for years. They have destroyed million in 25K notes...
4-30-2022 Newshound Guru Pimpy They'll tell you how much is going to be deposited into your account. Give them the thumbs up. You're done. That's you and your bank. Now what happens is that bank - your local branch then does what? ...they send that currency over to the federal reserve. Or if they have enough people coming in buying Iraqi dinars, they might hold on to it and then use it because people are purchasing Iraq dinar. But if they have a large surplus of Iraqi dinar then they'll send it back over to the federal reserve...the Federal Reserve will either keep it on their book ad build up their foreign reserves [or send it to Iraq]... [Post 2 of 2]
4-30-2022 Newshound Guru Pimpy When the rate change happens, for the sake of this just to keep it simplistic, let's say lo and behold the next day it's $3.22. We're not all gonna pack our bags, get in our cars, jump on our boats, jump on a plane run to Iraq and exchange it. We don't exchange with the Iraqi banks. We exchange with our banks. Whatever country you're in if you have a bank that now has removed the restrictions off of the Iraqi dinar and they have acknowledged the rate of $3.22 you just walk on down there to your bank, show them the dinar, they'll verify it before they even deposit it. [Post 1 of 2....stay tuned]
4-30-2022 Intel Guru MarkZ [via PDK] Even though the news has been very quiet there is no changes in expectations. I am still hearing around the 7th through the 10th because if Iraq wraps things between the 3rd to the 7th….it gives them a 3 day window.
4-30-2022 Newshound Guru Kaperoni Guru Mtn Goat...says Iraq will not LOP...But of course that is exactly what the symposium's are educating the citizens about...a currency exchange neutral event. I hope they don't, but the only option is to improve the economy and create a private sector. This would allow the currency to appreciate gradually over time. Unless they build there economy they may have no choice but to LOP.
4-30-2022 Intel Guru Bruce [via WiserNow] we’re hearing that we will have our tier 4A & 4B group exchanges initialized a couple days prior to the 5th - well that would be the 3rd of May...So that is our window and it looks like they are going to hit this either the 3rd or 4th of May – which is Tuesday and Wednesday – of next week...Realistically…we’re looking golden for next week - Tuesday – Wednesday – Thursday - 3rd 4th 5th...This is going to be an incredible week for us...
4-30-2022 Intel Guru MarkZ [via PDK] There was one very big piece of news...from Iraq . Iraq is now certified under ISO. So for all you folks talking about the ISO 20022 stuff…there you go. I know there has been a lot of chatter...about this …about how this could be a necessary piece...Well Iraq is now ready and everyone can quit worrying about Iraq on this one.
4-30-2022 Newshound/Intel Guru Walkingstick Question "When they start calling in the IQD three zeros will they start with higher denominations or the lower ones?" Higher. 25K notes. They have been doing that for years. They have destroyed million in 25K notes...
4-30-2022 Newshound Guru Pimpy They'll tell you how much is going to be deposited into your account. Give them the thumbs up. You're done. That's you and your bank. Now what happens is that bank - your local branch then does what? ...they send that currency over to the federal reserve. Or if they have enough people coming in buying Iraqi dinars, they might hold on to it and then use it because people are purchasing Iraq dinar. But if they have a large surplus of Iraqi dinar then they'll send it back over to the federal reserve...the Federal Reserve will either keep it on their book ad build up their foreign reserves [or send it to Iraq]... [Post 2 of 2]
4-30-2022 Newshound Guru Pimpy When the rate change happens, for the sake of this just to keep it simplistic, let's say lo and behold the next day it's $3.22. We're not all gonna pack our bags, get in our cars, jump on our boats, jump on a plane run to Iraq and exchange it. We don't exchange with the Iraqi banks. We exchange with our banks. Whatever country you're in if you have a bank that now has removed the restrictions off of the Iraqi dinar and they have acknowledged the rate of $3.22 you just walk on down there to your bank, show them the dinar, they'll verify it before they even deposit it. [Post 1 of 2....stay tuned]
4-30-2022 Intel Guru MarkZ [via PDK] Even though the news has been very quiet there is no changes in expectations. I am still hearing around the 7th through the 10th because if Iraq wraps things between the 3rd to the 7th….it gives them a 3 day window.
4-30-2022 Newshound Guru Kaperoni Guru Mtn Goat...says Iraq will not LOP...But of course that is exactly what the symposium's are educating the citizens about...a currency exchange neutral event. I hope they don't, but the only option is to improve the economy and create a private sector. This would allow the currency to appreciate gradually over time. Unless they build there economy they may have no choice but to LOP.
4-30-2022 Intel Guru Bruce [via WiserNow] we’re hearing that we will have our tier 4A & 4B group exchanges initialized a couple days prior to the 5th - well that would be the 3rd of May...So that is our window and it looks like they are going to hit this either the 3rd or 4th of May – which is Tuesday and Wednesday – of next week...Realistically…we’re looking golden for next week - Tuesday – Wednesday – Thursday - 3rd 4th 5th...This is going to be an incredible week for us...
4-29-2022 Intel Guru MarkZ ... Its just very quiet and I think everyone is waiting for the “trigger”
4-29-2022 Newshound/Intel Guru Mnt Goat Trust me folks they are not going to lop. Of course they have to destroy the older three zero notes. There is way too much of them to keep for inter-banking transactions, as they said they would do after the reinstatement. I keep telling everyone that the project to delete the zeros will NOT raise the rate (no RV). The rate only changes when they re-peg the dinar to the new IMF basket and reinstate and float it...Thus, the ones we hold are going to be burned and destroyed once exchanged...
4-29-2022 Intel Guru Frank26 Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" The CBI will give you ample time IMO at least a year or more...I think they'll give you plenty of time. That's the least of your worries...
4-29-2022 Newshound/Intel Guru Walkingstick Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" WOW I NEVER HEARD THAT...I DON'T KNOW WHAT TO SAY BUT ONCE THE NEW EXCHANGE RATE AND THE CURRENCY IS RELEASED THOSE GUIDELINES WILL BE RELEASED.
4-29-2022 Intel Guru MarkZ [via PDK] [I read that Kuwait and Iraq have agreement to be within .25 cents when they come out…from back in the Dr. Shabibi days...I think Kuwait is about $3.20 or so right now…] Yes…they did that on purpose so they would not create instability in the region…they share a number of oil fields…Also, because of the port situation in Iraq and Kuwait… They want to be very close on currency values. So this should tell you what rate to expect for the minimum in Iraq.
4-29-2022 Newshound Guru Pimpy People are blown away by how much dinar I have. I don't have as much as people think I have. I have 5 million dinars. That's it. People are like, 'Why don't you have more? Don't you have any faith in it?' Oh, no that's not the problem...what people are banking on is an RI or an RV and I don't think that's going to happen. Of course I could be wrong. I think that currency is going to go up pretty quickly though...it's going to go up in stages is what I think. How long that's going to take I don't know...the average dinar holder has 250,000 dinars...
4-29-2022 Newshound Guru Kaperoni Two articles today from Iraq... The first article is talking about deleting zeros which is a LOP. Not what we want to see happen. The second article is from an economist who wants the central bank to forget about deleting zeros and simply improve the economy allowing the currency to rise as a result. This is the best solution.
4-29-2022 Intel Guru Fleming Parliament agreed with the Ministers to launch the ISO 20022, at a rate of $3.22 USD TO 1 IQD. The Parliament also said if this RV is not completed by the end of this month of April, 2022, then nothing can happen until the end of May...
4-29-2022 Newshound/Intel Guru Mnt Goat Trust me folks they are not going to lop. Of course they have to destroy the older three zero notes. There is way too much of them to keep for inter-banking transactions, as they said they would do after the reinstatement. I keep telling everyone that the project to delete the zeros will NOT raise the rate (no RV). The rate only changes when they re-peg the dinar to the new IMF basket and reinstate and float it...Thus, the ones we hold are going to be burned and destroyed once exchanged...
4-29-2022 Intel Guru Frank26 Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" The CBI will give you ample time IMO at least a year or more...I think they'll give you plenty of time. That's the least of your worries...
4-29-2022 Newshound/Intel Guru Walkingstick Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" WOW I NEVER HEARD THAT...I DON'T KNOW WHAT TO SAY BUT ONCE THE NEW EXCHANGE RATE AND THE CURRENCY IS RELEASED THOSE GUIDELINES WILL BE RELEASED.
4-29-2022 Intel Guru MarkZ [via PDK] [I read that Kuwait and Iraq have agreement to be within .25 cents when they come out…from back in the Dr. Shabibi days...I think Kuwait is about $3.20 or so right now…] Yes…they did that on purpose so they would not create instability in the region…they share a number of oil fields…Also, because of the port situation in Iraq and Kuwait… They want to be very close on currency values. So this should tell you what rate to expect for the minimum in Iraq.
4-29-2022 Newshound Guru Pimpy People are blown away by how much dinar I have. I don't have as much as people think I have. I have 5 million dinars. That's it. People are like, 'Why don't you have more? Don't you have any faith in it?' Oh, no that's not the problem...what people are banking on is an RI or an RV and I don't think that's going to happen. Of course I could be wrong. I think that currency is going to go up pretty quickly though...it's going to go up in stages is what I think. How long that's going to take I don't know...the average dinar holder has 250,000 dinars...
4-29-2022 Newshound Guru Kaperoni Two articles today from Iraq... The first article is talking about deleting zeros which is a LOP. Not what we want to see happen. The second article is from an economist who wants the central bank to forget about deleting zeros and simply improve the economy allowing the currency to rise as a result. This is the best solution.
4-29-2022 Intel Guru Fleming Parliament agreed with the Ministers to launch the ISO 20022, at a rate of $3.22 USD TO 1 IQD. The Parliament also said if this RV is not completed by the end of this month of April, 2022, then nothing can happen until the end of May...
4-28-2022 Intel Guru MarkZ [via PDK] Article: "The Iraqi government has confirmed that the Eid-Al Fitr will begin on Sunday the 1st of May and end on Thursday the 5th of May”…. I am still hearing this is the target. And within 3 days or so at the end of this holiday is when they expect to have a new value on the dinar...That is what I am being told from inside the sandbox..say around the 8th to the 10th… This would fit with dates our military contacts have been telling us for the month of May. I am hopeful this is it.
4-28-2022 Newshound/Intel Guru Mnt Goat ...we are in a VERY GOOD position to see this reinstatement before the end of the summer if not much sooner. So hang in there...
4-28-2022 Newshound Guru Kaperoni Question: "if Iraq floats the dinar, and hyperinflation devalues the dollar, will that not force the dinar upward in value." If the dinar floats it'll have nothing to do with the dollar and its value will be determined by market forces. There is talk of pegging it to a basket of currencies from the Middle East which also may be possible. Either or would have nothing to do with the dollar. Currently, the dinar is pegged to the dollar only to provide stability under the conditions in Iraq.
4-28-2022 Newshound/Intel Guru Walkingstick Question "Will the budget and the white papers be launched this year?" That's the plan.
4-28-2022 Intel Guru MarkZ [via PDK] I know its frustrating…I don’t control the timing…All I can do is tell you what I am hearing and share what I am hearing…other than a little chatter out of Iraq it is still very quiet. Article “The Iraqi Parliament is in the process of issuing a resolution obligating the government to submit the financial budget” This is big news from Iraq. And this is almost a verbatim article that we saw coming out of Kuwait before they RV’d almost 22 years ago…on the morning that they RV’d…Article “Is it time to delete zeros” an economist commented. To me this is a fantastic piece of smoke…It is coming…
4-28-2022
Intel Guru Frank26 Article: "The rise in oil covers the budget deficit.. Good news from officials: Returning the dollar exchange rate to its previous" THEY ARE EXPECTING A CHANGE IN THE EXCHANGE RATE.
4-28-2022 Newshound Guru Pimpy Question: "Is it not too late to buy dinar? I really need a house or a place to rent on my own. I don't make much and I'm looking for a miracle." People are still buying the dinar but here's the issue with everything that's going on. It's hard to judge when the rate change is going to happen. If you're listening to other people out there right now they're promising you a rate change of $3.22 or that it's gonna happen next week...you hear all this stuff so be careful...make sure that you just buy with whatever discretionary funds you have...
4-28-2022 Intel Guru MarkZ [via PDK] ...we know this is inevitable... Like Voltaire said “Fiat currency always returns to its intrinsic value of zero.”...So when we win…We are going to win big.
4-28-2022 Newshound/Intel Guru Mnt Goat ...we are in a VERY GOOD position to see this reinstatement before the end of the summer if not much sooner. So hang in there...
4-28-2022 Newshound Guru Kaperoni Question: "if Iraq floats the dinar, and hyperinflation devalues the dollar, will that not force the dinar upward in value." If the dinar floats it'll have nothing to do with the dollar and its value will be determined by market forces. There is talk of pegging it to a basket of currencies from the Middle East which also may be possible. Either or would have nothing to do with the dollar. Currently, the dinar is pegged to the dollar only to provide stability under the conditions in Iraq.
4-28-2022 Newshound/Intel Guru Walkingstick Question "Will the budget and the white papers be launched this year?" That's the plan.
4-28-2022 Intel Guru MarkZ [via PDK] I know its frustrating…I don’t control the timing…All I can do is tell you what I am hearing and share what I am hearing…other than a little chatter out of Iraq it is still very quiet. Article “The Iraqi Parliament is in the process of issuing a resolution obligating the government to submit the financial budget” This is big news from Iraq. And this is almost a verbatim article that we saw coming out of Kuwait before they RV’d almost 22 years ago…on the morning that they RV’d…Article “Is it time to delete zeros” an economist commented. To me this is a fantastic piece of smoke…It is coming…
4-28-2022
Intel Guru Frank26 Article: "The rise in oil covers the budget deficit.. Good news from officials: Returning the dollar exchange rate to its previous" THEY ARE EXPECTING A CHANGE IN THE EXCHANGE RATE.
4-28-2022 Newshound Guru Pimpy Question: "Is it not too late to buy dinar? I really need a house or a place to rent on my own. I don't make much and I'm looking for a miracle." People are still buying the dinar but here's the issue with everything that's going on. It's hard to judge when the rate change is going to happen. If you're listening to other people out there right now they're promising you a rate change of $3.22 or that it's gonna happen next week...you hear all this stuff so be careful...make sure that you just buy with whatever discretionary funds you have...
4-28-2022 Intel Guru MarkZ [via PDK] ...we know this is inevitable... Like Voltaire said “Fiat currency always returns to its intrinsic value of zero.”...So when we win…We are going to win big.
4-27-2022 Intel Guru Bruce [via WiserNow] I'm not sure that we’re going to get started before the end of the month – and I hate saying that...I’m just not convinced by what we have heard today that its necessarily ready to go quite “yet”...but I believe that Iraq will do what they are supposed to do and get this thing done...I am feeling like we are taking this ride one day at a time...every time we think we’re getting ready to go – oops- there’s one more thing...I’m not sure we are going to see it before May...we’ll see – we just don’t know – this thing has a way it could turn around and sneak up on us and bite us – so be open to it...
4-27-2022 Newshound Guru Godlover Article "Parliamentary Finance: Completion of 90% of the sections of the Food Security Law". We do not want to see this law passed, at least not without the general budget...
4-27-2022 Newshound Guru Pimpy People ask me do I have any concerns whatsoever about the Iraqi dinar...if they can't get their crap together let's be honest, the rate is never going to change...but one of the thing that I am keeping an eye on that's bothering me is the fact that Iraq is in a huge rush to launch their version of the central bank digital currency because I'm curious how that's going to affect us who are holding on to the paper version of the Iraq dinar, the IQD. I'm digging into that. Once I get that information I will share with you...We're going to see Iraq grow. They're doing it by leaps and bounds. Look how far they come just since Al-Kazemi took over...
4-27-2022 Newshound/Intel Guru Mnt Goat With the dinar at 1/6 of a penny and people screaming for currency reform…how can they hold off any longer in fixing the dinar to a nominal rate to reflect the true value? Iraq needs to get off the de’ facto peg to the US dollar. It is causing issues and we now see it...What oil could reach $130 a barrel yet Iraq dinar sits at 1/6 of a penny? All the news for months about the Iraqi economy has been very good and encouraging...there is not much more to tell. I rest my case…
4-27-2022 Intel Guru MarkZ [via PDK] It is very quiet out of the middle east. Quiet out of Asia banking today...I think this is the quiet before the release. There really is so much happening on the disclosure front.
4-27-2022 Newshound/Intel Guru Walkingstick Question: "Are all the meetings with the WB, IMF completed and are agreements in place?" THEY ARE BUT ...THE SITUATION GLOBALLY IS CHANGING DAILY. WHAT WAS SET IN PLACE WAS FOR THEM TO COME OUT ON PAR WITH USD AND BACKED BY THE USD. BUT EVENTS OVER THE LAST YEAR PLUS HAS IRAQ ALONG WITH MANY OTHER COUNTRIES RETHINKING THE USD BACKED CURRENCY. TALKS NOW WITH IRAQ AND A NUMBER OF OTHER COUNTRIES RECALCULATING THEIR EXCHANGE RATE FACTORING IN EXCHANGE RATE...BACKED BY A BASKET OF CURRENCIES OR ANOTHER FOREIGN CURRENCY WITH THE UNDERSTANDING MANY COUNTRIES ARE NOW GUN SHY OF BACKING THEIR CURRENCY ON PAR WITH THE USD.
4-27-2022 Intel Guru Frank26 Article: "Mazhar Muhammad Salih: The Central Bank's balance is three times more than the government's external debt" VICTORY FOR THE MONETARY REFORM!
4-27-2022 Newshound Guru Samson Article: "The highest since its establishment.. Central Bank of Iraq assets (in numbers)" "Quote: " the value of the Central Bank's assets is the highest since its establishment, which gives reassurance to the situation and stability of the Iraqi currency during the coming period, which is expected to witness further increases in the Central Bank's assets as a result of the rise in oil sales revenues..."
4-27-2022 Intel Guru MarkZ [via PDK] [Please explain why the white papers are important?] The white papers are the financial reforms in Iraq. In these is the new budget, food security, and lots of things including the new rate for the Iraqi dinar. In these papers they are creating a platform for them to have an asset backed currency with a higher value. …That is why the implementation of the white papers are important...
4-27-2022 Intel Guru Fleming According to the CBI contact...the WTO is hot after the Central Bank of Iraq to finally sign off for the ISO 20022 certification to be implemented... They have to acknowledge compliance and acceptance, to get started right away. If...still lagging behind by the end of the month, then starting May 1st the revaluation commences with or without them. Contractors in Iraq are presently being paid at the revalued rate of 1:1 (one Iraq dinar to one US dollar). How long will they allow this to continue?
4-27-2022 Newshound Guru Godlover Article "Parliamentary Finance: Completion of 90% of the sections of the Food Security Law". We do not want to see this law passed, at least not without the general budget...
4-27-2022 Newshound Guru Pimpy People ask me do I have any concerns whatsoever about the Iraqi dinar...if they can't get their crap together let's be honest, the rate is never going to change...but one of the thing that I am keeping an eye on that's bothering me is the fact that Iraq is in a huge rush to launch their version of the central bank digital currency because I'm curious how that's going to affect us who are holding on to the paper version of the Iraq dinar, the IQD. I'm digging into that. Once I get that information I will share with you...We're going to see Iraq grow. They're doing it by leaps and bounds. Look how far they come just since Al-Kazemi took over...
4-27-2022 Newshound/Intel Guru Mnt Goat With the dinar at 1/6 of a penny and people screaming for currency reform…how can they hold off any longer in fixing the dinar to a nominal rate to reflect the true value? Iraq needs to get off the de’ facto peg to the US dollar. It is causing issues and we now see it...What oil could reach $130 a barrel yet Iraq dinar sits at 1/6 of a penny? All the news for months about the Iraqi economy has been very good and encouraging...there is not much more to tell. I rest my case…
4-27-2022 Intel Guru MarkZ [via PDK] It is very quiet out of the middle east. Quiet out of Asia banking today...I think this is the quiet before the release. There really is so much happening on the disclosure front.
4-27-2022 Newshound/Intel Guru Walkingstick Question: "Are all the meetings with the WB, IMF completed and are agreements in place?" THEY ARE BUT ...THE SITUATION GLOBALLY IS CHANGING DAILY. WHAT WAS SET IN PLACE WAS FOR THEM TO COME OUT ON PAR WITH USD AND BACKED BY THE USD. BUT EVENTS OVER THE LAST YEAR PLUS HAS IRAQ ALONG WITH MANY OTHER COUNTRIES RETHINKING THE USD BACKED CURRENCY. TALKS NOW WITH IRAQ AND A NUMBER OF OTHER COUNTRIES RECALCULATING THEIR EXCHANGE RATE FACTORING IN EXCHANGE RATE...BACKED BY A BASKET OF CURRENCIES OR ANOTHER FOREIGN CURRENCY WITH THE UNDERSTANDING MANY COUNTRIES ARE NOW GUN SHY OF BACKING THEIR CURRENCY ON PAR WITH THE USD.
4-27-2022 Intel Guru Frank26 Article: "Mazhar Muhammad Salih: The Central Bank's balance is three times more than the government's external debt" VICTORY FOR THE MONETARY REFORM!
4-27-2022 Newshound Guru Samson Article: "The highest since its establishment.. Central Bank of Iraq assets (in numbers)" "Quote: " the value of the Central Bank's assets is the highest since its establishment, which gives reassurance to the situation and stability of the Iraqi currency during the coming period, which is expected to witness further increases in the Central Bank's assets as a result of the rise in oil sales revenues..."
4-27-2022 Intel Guru MarkZ [via PDK] [Please explain why the white papers are important?] The white papers are the financial reforms in Iraq. In these is the new budget, food security, and lots of things including the new rate for the Iraqi dinar. In these papers they are creating a platform for them to have an asset backed currency with a higher value. …That is why the implementation of the white papers are important...
4-27-2022 Intel Guru Fleming According to the CBI contact...the WTO is hot after the Central Bank of Iraq to finally sign off for the ISO 20022 certification to be implemented... They have to acknowledge compliance and acceptance, to get started right away. If...still lagging behind by the end of the month, then starting May 1st the revaluation commences with or without them. Contractors in Iraq are presently being paid at the revalued rate of 1:1 (one Iraq dinar to one US dollar). How long will they allow this to continue?
4-26-2022 Intel Guru MarkZ [via PDK] The chatter today has been fantastic... I think the 2nd through the 7th is going to be enormous... [we have had more news in the last 4 months from Iraq then the whole last 14 years for me…] Yes we have…This afternoon news came out… 1. they talk about not needing the government sat and 2. Since the power to RV has been given to the CBI…they could just go ahead and dissolve this government...and move to a new style of government. The key point today is they need to move forward with their white papers. I am tracking down many rumors already of a 1 to 1 rate for contractors.
4-26-2022 Newshound/Intel Guru Mnt Goat ...I am still being told my the CBI that when the govt is completed and stable Iraq will complete the project to delete the zeros and then we know what comes next. So be patient...
4-26-2022 Newshound Guru Pimpy I've said this time and time again some of the biggest problems we have with the Iraqi dinar changing in value is the fact that the government is not stable. It's filled with corruption, we have to be careful about civil unrest...we gotta make sure that Iran keeps their two cents out of the country, we gotta make sure the US keeps their two cents out of the country...
4-26-2022 Newshound Guru Kaperoni The dinar value is determined by the central bank and is based on Iraq's GDP, currency in circulation and reserves...Until Iraq meets and accepts the conditions of IMF Article 8 most financial institutions will not do transactions in dinar. More or less Article 8 is an indication that their financial system meets international compliance...Iraq can engage with any country or banking system throughout the world if they wanted to now. But most do not because Iraq is still in Article 14 which is in essence a developmental stage.
4-26-2022 Intel Guru MarkZ [via PDK] I had an interesting call with a military contact this morning first thing... They are looking for the implosion of the sitting government within a very short time…and they are expecting that to be the trigger...It came from more than one source…my military contacts think the implosion and the reset will be in the month of May. I am encouraged after my calls this morning...I’m not ruling out it could happen before…i was just telling you what contacts in the military are saying.
4-26-2022 Intel Guru Frank26 Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" FINANCIAL SITUATION IS VERY GOOD BECAUSE THE MONETARY REFORM IS VERY GOOD...NOTICE FINANCE COMMITTEE GOES TO WASHINGTON DC LAST WEEK THEN THE IMF/WB GO TO BAGHDAD.
4-26-2022 Newshound/Intel Guru Walkingstick Question: "We know that the RI requires a seated or recognized GOI. But, will it also [need] the passage of new laws and the budget by Parliament?" THE READING OF THE BUDGET AND NEW EX RATE IS LAW IT'S A LINE ITEM IN THE BUDGET. BUT...PARLIAMENT DOES NOT DICTATE CBI LAW THE CBI AND THE EXCHANGE RATE CAN BE CHANGED AT ANY TIME BY THE CBI ON BEHALF OF THE CBI.
4-26-2022 Intel Guru MarkZ [via PDK] ...there is a lot of misinformation being put out…they want you to throw in the towel, give up and walk away…Don’t do it…. I know the ups and downs are tough…but this is a “when” not an “if”.
4-26-2022 Newshound Guru Pimpy The more I read about what's going on in Iraq regarding the politics, the economy, the development, the stabilization, the little baby right here [New born foal wobbling to stand for first time] reminds me exactly where Iraq is. They're almost there just like a newborn. They're getting on their feet but it's a little shaky...it just seems like we're right at that doorstep...a little wobbly - at least they're upright...
4-26-2022 Newshound/Intel Guru Mnt Goat ...I am still being told my the CBI that when the govt is completed and stable Iraq will complete the project to delete the zeros and then we know what comes next. So be patient...
4-26-2022 Newshound Guru Pimpy I've said this time and time again some of the biggest problems we have with the Iraqi dinar changing in value is the fact that the government is not stable. It's filled with corruption, we have to be careful about civil unrest...we gotta make sure that Iran keeps their two cents out of the country, we gotta make sure the US keeps their two cents out of the country...
4-26-2022 Newshound Guru Kaperoni The dinar value is determined by the central bank and is based on Iraq's GDP, currency in circulation and reserves...Until Iraq meets and accepts the conditions of IMF Article 8 most financial institutions will not do transactions in dinar. More or less Article 8 is an indication that their financial system meets international compliance...Iraq can engage with any country or banking system throughout the world if they wanted to now. But most do not because Iraq is still in Article 14 which is in essence a developmental stage.
4-26-2022 Intel Guru MarkZ [via PDK] I had an interesting call with a military contact this morning first thing... They are looking for the implosion of the sitting government within a very short time…and they are expecting that to be the trigger...It came from more than one source…my military contacts think the implosion and the reset will be in the month of May. I am encouraged after my calls this morning...I’m not ruling out it could happen before…i was just telling you what contacts in the military are saying.
4-26-2022 Intel Guru Frank26 Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" FINANCIAL SITUATION IS VERY GOOD BECAUSE THE MONETARY REFORM IS VERY GOOD...NOTICE FINANCE COMMITTEE GOES TO WASHINGTON DC LAST WEEK THEN THE IMF/WB GO TO BAGHDAD.
4-26-2022 Newshound/Intel Guru Walkingstick Question: "We know that the RI requires a seated or recognized GOI. But, will it also [need] the passage of new laws and the budget by Parliament?" THE READING OF THE BUDGET AND NEW EX RATE IS LAW IT'S A LINE ITEM IN THE BUDGET. BUT...PARLIAMENT DOES NOT DICTATE CBI LAW THE CBI AND THE EXCHANGE RATE CAN BE CHANGED AT ANY TIME BY THE CBI ON BEHALF OF THE CBI.
4-26-2022 Intel Guru MarkZ [via PDK] ...there is a lot of misinformation being put out…they want you to throw in the towel, give up and walk away…Don’t do it…. I know the ups and downs are tough…but this is a “when” not an “if”.
4-26-2022 Newshound Guru Pimpy The more I read about what's going on in Iraq regarding the politics, the economy, the development, the stabilization, the little baby right here [New born foal wobbling to stand for first time] reminds me exactly where Iraq is. They're almost there just like a newborn. They're getting on their feet but it's a little shaky...it just seems like we're right at that doorstep...a little wobbly - at least they're upright...
4-25-2022 Intel Guru MarkZ [via PDK] [What is included in the white papers?] All kinds of financial reforms . Also according to those who are close to the project…a new rate for the dinar. I am also told that in those white papers…if the gold treaty is not signed …there is a provision for the NEER (Nominal Effective Exchange rate) ($1.60) to be implemented.
4-25-2022 Newshound/Intel Guru Walkingstick Question: "Once the rate is on Forex do you foresee any issues regarding the exchange at our American banks?" No. Absolutely not.
4-25-2022 Intel Guru MarkZ [via PDK] “Mazhur Muhammad Salih : The central banks balance is 3 times more that the governments external debt” ..for Iraq to say this is absolutely huge. And Salih also says they are ready to move forward with their white papers. They already have a budget pulled together…they just need to approve it and they are sitting on way more money than anticipated… They are clearly showing us they are prepared to go. I am being told it really is a “any minute” thing now as we wait for some kind of trigger. I have also heard to watch between the 2nd to the 7th of May.
4-25-2022 Newshound Guru Militiaman Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" The meetings in DC may have been even more relevant...imo . They talk about not needing any help with...certain projects. The CBI has done a very good job with monetary policy stability...the certain projects they need help with may be the project to delete the zeros...with a very good financial situation the time for them to return to a previous era with the exchange rate looks to be in the process...
4-25-2022 Guru Nader From The Mid East In the next few weeks we keep watching. We hope things gonna happen. We're hoping it's gonna go 1 to 1. 1.20 to 1. But, we don't know yet. We're not sure because every day they say something else and something new, one day yes, one day no. They cannot set a government. They cannot set a president...we are just gonna have to wait and see what's the game. Iraq is doing a lot...Iraq in the next 20-25 years is gonna be better than Dubai or better than Saudi or better than anybody else...
4-25-2022 Intel Guru MarkZ [via PDK] There is some encouraging news. Article from Iraq: “Analysis: Al- Kazemi government will continue its duties until new early elections in 2023.” Don’t panic…this is the backup plan if they cant get a proper government situated…This will not affect the financial reforms…as a matter of fact “Minister of Finance: The financial situation is very good and a upcoming meeting with the IMF and the World Bank is in Baghdad”. Over the past week or so they have met in the US …and the next meetings will be in Iraq. They are talking about the implementation of their “White Papers”. We are expecting our rate change with the white papers. They even discuss their possible timing. There will be meetings in Baghdad after Eid El Fitr to discuss moving forward with the reform process in the white papers.
4-25-2022 Newshound Guru Pimpy Article: "America warns of an obstacle impeding the development of the relationship between Baghdad and Washington" Now the United States is warning Iraq about their current political situation...obviously you got to have an established government. Who do you deal with? Do you deal with the intern government...and try to make deals or do you wait for the new government? This is one of the reasons why we won't see a rate change happen anytime soon...
4-25-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" The CBI does not intend to reduce the exchange rate of the dinar, thus raise the value of the dinar back to the pre-December 2020 rate. Why would they even do this change back to 120 if they already know of a plan to significantly raise the rate (not the value) of the dinar and conduct the project to delete the zeros?... We know the VALUE is already in the dinar only they are suppressing the nominal rate and holding back the reinstatement until they can see a stable government.
4-25-2022 Intel Guru MarkZ [via PDK] [What is the anticipated rate of the Dinar?] I am hearing in country a rate of about $3.91. We should expect between $6-8 on a contract rate with the “Oil For Dinar“ Program…that is what I am hearing...
4-25-2022 Newshound/Intel Guru Walkingstick Question: "Once the rate is on Forex do you foresee any issues regarding the exchange at our American banks?" No. Absolutely not.
4-25-2022 Intel Guru MarkZ [via PDK] “Mazhur Muhammad Salih : The central banks balance is 3 times more that the governments external debt” ..for Iraq to say this is absolutely huge. And Salih also says they are ready to move forward with their white papers. They already have a budget pulled together…they just need to approve it and they are sitting on way more money than anticipated… They are clearly showing us they are prepared to go. I am being told it really is a “any minute” thing now as we wait for some kind of trigger. I have also heard to watch between the 2nd to the 7th of May.
4-25-2022 Newshound Guru Militiaman Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" The meetings in DC may have been even more relevant...imo . They talk about not needing any help with...certain projects. The CBI has done a very good job with monetary policy stability...the certain projects they need help with may be the project to delete the zeros...with a very good financial situation the time for them to return to a previous era with the exchange rate looks to be in the process...
4-25-2022 Guru Nader From The Mid East In the next few weeks we keep watching. We hope things gonna happen. We're hoping it's gonna go 1 to 1. 1.20 to 1. But, we don't know yet. We're not sure because every day they say something else and something new, one day yes, one day no. They cannot set a government. They cannot set a president...we are just gonna have to wait and see what's the game. Iraq is doing a lot...Iraq in the next 20-25 years is gonna be better than Dubai or better than Saudi or better than anybody else...
4-25-2022 Intel Guru MarkZ [via PDK] There is some encouraging news. Article from Iraq: “Analysis: Al- Kazemi government will continue its duties until new early elections in 2023.” Don’t panic…this is the backup plan if they cant get a proper government situated…This will not affect the financial reforms…as a matter of fact “Minister of Finance: The financial situation is very good and a upcoming meeting with the IMF and the World Bank is in Baghdad”. Over the past week or so they have met in the US …and the next meetings will be in Iraq. They are talking about the implementation of their “White Papers”. We are expecting our rate change with the white papers. They even discuss their possible timing. There will be meetings in Baghdad after Eid El Fitr to discuss moving forward with the reform process in the white papers.
4-25-2022 Newshound Guru Pimpy Article: "America warns of an obstacle impeding the development of the relationship between Baghdad and Washington" Now the United States is warning Iraq about their current political situation...obviously you got to have an established government. Who do you deal with? Do you deal with the intern government...and try to make deals or do you wait for the new government? This is one of the reasons why we won't see a rate change happen anytime soon...
4-25-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" The CBI does not intend to reduce the exchange rate of the dinar, thus raise the value of the dinar back to the pre-December 2020 rate. Why would they even do this change back to 120 if they already know of a plan to significantly raise the rate (not the value) of the dinar and conduct the project to delete the zeros?... We know the VALUE is already in the dinar only they are suppressing the nominal rate and holding back the reinstatement until they can see a stable government.
4-25-2022 Intel Guru MarkZ [via PDK] [What is the anticipated rate of the Dinar?] I am hearing in country a rate of about $3.91. We should expect between $6-8 on a contract rate with the “Oil For Dinar“ Program…that is what I am hearing...
4-24-2022 Newshound/Intel Gurus Walkingstick - Guru Petra Question: "In your opinion how high can the rate go?" No higher than the AAD...right now their goal is to move away from the USD... What is the rate of the AAD right now? 3.1 but it will fluctuate like all currencies daily. Petra - The AAD is = to IMF SDR...which equals $1.36 x 3
4-24-2022 Newshound Guru Samson Article: "Iraq exceeds the Arab countries in the growth rate .. IMF: GDP willreach 9.5%"
4-24-2022 Newshound Guru Sandy Ingram Iraq does not appear to be interested in revaluing their currency over and above the December 2020 rate...of course the IQD will revalue or float one day, however you should be aware that Iraq is moving forward without a revalue...
4-24-2022 Newshound Guru Kaperoni When you search Wikipedia for an explanation of the Balassa-Samuelson effect, it implies that countries with rapidly expanding economies should tend to have a more rapidly appreciating exchange rate. In other words, the appreciation of the Iraqi dinar is solely dependent on the growth of Iraq's economy. There is no RV, there are no shortcuts. [Post 2 of 2]
4-24-2022 Newshound Guru Kaperoni It was stated back in 2013 in the IMF Article IV Consultation with Iraq they need to diversify their economy. Doing so they then can float the dinar allowing it to gradually appreciate over time...Direct from the IMF in 2013..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect..." [Post 1 of 2....stay tuned]
4-24-2022 Newshound Guru Pimpy Somebody is spreading ... what you would call 'nay-say', doubt, stressing people out. I see it all the time in the group, people just go, 'Oh, man the Iraqi dinar is never going to change. It's never going to revalue.'...we know that's not true. December 2020 the Iraqi dinar revalued...it went in the wrong direction. It lost value. [But] That's a revaluation. Don't let people tell you, 'oh, it's not going to revalue.' Because it's a lie...the Iraqi dinar will revalue. It will. So don't listen to what all those people say...
4-24-2022 Newshound Guru Clare Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" GREAT ARTICLE! ...meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad.
4-24-2022 Intel Guru MarkZ [via PDK] [What will the dong rate be?] I was just told that I am wrong and the rate will be higher. I always believed it would be $2.25-$2.30…but several folks told me it may be over $3 or $4 now. I hope they are correct.
4-24-2022 Newshound Guru Samson Article: "Iraq exceeds the Arab countries in the growth rate .. IMF: GDP willreach 9.5%"
4-24-2022 Newshound Guru Sandy Ingram Iraq does not appear to be interested in revaluing their currency over and above the December 2020 rate...of course the IQD will revalue or float one day, however you should be aware that Iraq is moving forward without a revalue...
4-24-2022 Newshound Guru Kaperoni When you search Wikipedia for an explanation of the Balassa-Samuelson effect, it implies that countries with rapidly expanding economies should tend to have a more rapidly appreciating exchange rate. In other words, the appreciation of the Iraqi dinar is solely dependent on the growth of Iraq's economy. There is no RV, there are no shortcuts. [Post 2 of 2]
4-24-2022 Newshound Guru Kaperoni It was stated back in 2013 in the IMF Article IV Consultation with Iraq they need to diversify their economy. Doing so they then can float the dinar allowing it to gradually appreciate over time...Direct from the IMF in 2013..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect..." [Post 1 of 2....stay tuned]
4-24-2022 Newshound Guru Pimpy Somebody is spreading ... what you would call 'nay-say', doubt, stressing people out. I see it all the time in the group, people just go, 'Oh, man the Iraqi dinar is never going to change. It's never going to revalue.'...we know that's not true. December 2020 the Iraqi dinar revalued...it went in the wrong direction. It lost value. [But] That's a revaluation. Don't let people tell you, 'oh, it's not going to revalue.' Because it's a lie...the Iraqi dinar will revalue. It will. So don't listen to what all those people say...
4-24-2022 Newshound Guru Clare Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" GREAT ARTICLE! ...meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad.
4-24-2022 Intel Guru MarkZ [via PDK] [What will the dong rate be?] I was just told that I am wrong and the rate will be higher. I always believed it would be $2.25-$2.30…but several folks told me it may be over $3 or $4 now. I hope they are correct.
4-23-2022 Newshound/Intel Guru Mnt Goat ...we have many...articles, from the CBI itself confirming how rich Iraq really is and so why is the dinar not yet reinstated. The country under Dr Shabibi kept the dinar at 1166 for ten years and was ready to reinstate it in 2013. It is now 2022 8.5 years later and so why has the reinstatement on FOREX been delayed so long when they were ready in 2013?
4-23-2023 Intel Guru Walkingstick Question "Could the new small category notes already be introduced to the banks in preparation to be distributed when the rate goes up?" No. The currency is there in the CBI but not in the banks...
4-23-2022 Newshound Guru Kaperoni ...yesterday the Minister of Finance Ali Allawi stated in his speech at the spring meetings of the International Monetary Fund and World Bank in Washington , DC that Iraq needs help to diversify, to change from a rentier economy to a diversified economy. This is the plan. Iraq needs to diversify away from oil to create a private sector. Only with the success of that diversified economy can the dinar go up in value. It will not happen overnight.
4-23-2022 Newshound Guru Pimpy Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Quote 'the foreign reserves of the bank exceeds $70 Billion and a large number that the bank has not seen for years..." Actually decades " Iraq currency possesses an excellent amount of gold as well..." Not to mention they have so much gold over there in the Tigris River that's sitting on the top that could be getting mined...
4-23-2022 Intel Guru MarkZ [via PDK] Article: "Iraq exceeds the Arab countries in the growth rate – IMF: GDP will reach 9.5%” 9.5 % is their golden egg...I think they are ready for their currency change. Positive news coming out of Iraq.
4-23-2022 Newshound Guru Godlover I would not be concerned if the food security law is passed with the general budget, but it would be concerning to me if the food security law passed without the budget. This would tell me they expect the general budget not to pass for some time. Side note: I do however expect this new law will coexist with the general budget once passed. [Post 2 of 2]
4-23-2022 Newshound Guru Godlover Community Comment: "From the articles it looks as if all we need is the government. Hopefully Iraq announces very soon that Kazemi...will stay in power so we can move on" I pray this to be true. I do however have some concerns...if Kazemi gets another year will this be the government that releases what we all seek. Another concern is the new food security law...articles seem to imply that the food security law has a mini budget that will be passed prior to the budget passing. As if to give their citizens immediate relief until the budget can get passed. [Post 1 of 2....stay tuned]
4-23-2022 Newshound/Intel Guru Mnt Goat We can already see...al-Sadr is our champion along with Al-Kazemi and Saleh. There are many more patriotic members of parliament too who will fight to keep Iraq free and sovereign. With this freedom and sovereignty comes our RV.
4-23-2022 Intel Guru MarkZ [via PDK] We were told that at the end there would be a tremendous amount of smoke intermittent with silence to keep us cloudy and confused. That seems to be exactly what we are getting. I think it may stay quiet until we get notices of the RV. Then it will go from zero to 120…just like that…
4-23-2022 Newshound Guru Militiaman "the current financial abundance achieved from the increase in oil prices needs a legal cover for the disbursement of funds under the Food Security Law, while there will be an entitlement to the oil-producing governorates under the petrodollar item." This reeks of the HCL.. imo … FOOD SECURITY... Comes PURCHASE POWER... They are using the FOOD SECURITY as a cover, imo..
4-23-2023 Intel Guru Walkingstick Question "Could the new small category notes already be introduced to the banks in preparation to be distributed when the rate goes up?" No. The currency is there in the CBI but not in the banks...
4-23-2022 Newshound Guru Kaperoni ...yesterday the Minister of Finance Ali Allawi stated in his speech at the spring meetings of the International Monetary Fund and World Bank in Washington , DC that Iraq needs help to diversify, to change from a rentier economy to a diversified economy. This is the plan. Iraq needs to diversify away from oil to create a private sector. Only with the success of that diversified economy can the dinar go up in value. It will not happen overnight.
4-23-2022 Newshound Guru Pimpy Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Quote 'the foreign reserves of the bank exceeds $70 Billion and a large number that the bank has not seen for years..." Actually decades " Iraq currency possesses an excellent amount of gold as well..." Not to mention they have so much gold over there in the Tigris River that's sitting on the top that could be getting mined...
4-23-2022 Intel Guru MarkZ [via PDK] Article: "Iraq exceeds the Arab countries in the growth rate – IMF: GDP will reach 9.5%” 9.5 % is their golden egg...I think they are ready for their currency change. Positive news coming out of Iraq.
4-23-2022 Newshound Guru Godlover I would not be concerned if the food security law is passed with the general budget, but it would be concerning to me if the food security law passed without the budget. This would tell me they expect the general budget not to pass for some time. Side note: I do however expect this new law will coexist with the general budget once passed. [Post 2 of 2]
4-23-2022 Newshound Guru Godlover Community Comment: "From the articles it looks as if all we need is the government. Hopefully Iraq announces very soon that Kazemi...will stay in power so we can move on" I pray this to be true. I do however have some concerns...if Kazemi gets another year will this be the government that releases what we all seek. Another concern is the new food security law...articles seem to imply that the food security law has a mini budget that will be passed prior to the budget passing. As if to give their citizens immediate relief until the budget can get passed. [Post 1 of 2....stay tuned]
4-23-2022 Newshound/Intel Guru Mnt Goat We can already see...al-Sadr is our champion along with Al-Kazemi and Saleh. There are many more patriotic members of parliament too who will fight to keep Iraq free and sovereign. With this freedom and sovereignty comes our RV.
4-23-2022 Intel Guru MarkZ [via PDK] We were told that at the end there would be a tremendous amount of smoke intermittent with silence to keep us cloudy and confused. That seems to be exactly what we are getting. I think it may stay quiet until we get notices of the RV. Then it will go from zero to 120…just like that…
4-23-2022 Newshound Guru Militiaman "the current financial abundance achieved from the increase in oil prices needs a legal cover for the disbursement of funds under the Food Security Law, while there will be an entitlement to the oil-producing governorates under the petrodollar item." This reeks of the HCL.. imo … FOOD SECURITY... Comes PURCHASE POWER... They are using the FOOD SECURITY as a cover, imo..
4-22-2022 Intel Guru MarkZ [via PDK] Great article came out of Iraq today. “Minister of Finance: The International community supports Iraq by implementing the white papers, and we do not need financial support”...This is referencing again that everything is fixed…they want to move forward… white papers have fixed a lot of things. Good article today.
4-22-2022 Newshound Guru Kaperoni My personal view is I still believe that Iraq will float the dinar allowing it to gradually appreciate as the economy in Iraq prosperous. Which means it'll be gradually over time and it's going to take a while. I firmly believe only with the success of Iraq's economy can the dinar appreciate in value.
4-22-2022 Intel Guru Bruce [via WiserNow] ...Iraq is going to do their thing finally this weekend – they have been pushed...it appears they are going to do it – my gut is they will do it Sunday... What I’m hearing and this is coming through a Wells Fargo contact by a Treasury representative it’s indicating that we will have – that the RV and GCR - is scheduled to take place this weekend...I’m hearing we’re supposed to get notified over this weekend and if we’re not started over the weekend that we would start exchanges Monday...I think this whole thing is going to come together in a beautiful picture and we’ll be amazed when it does...
4-22-2022 Newshound Guru Pimpy Things are really starting to look good for Iraq in many different ways. If they could just get past this political blockage, get a government formed...stick to the white papers - then I think they're going to do really good. The World Bank and IMF have been making some really strong predictions for Iraq's economy and if they can stick to where they are it's going to be really good for them...Iraq is recovering way faster than they thought. I haven't changed my mind, when Iraqi dinar goes up it's going to go up in increments...
4-22-2022 Newshound Guru Godlover Community comment "the parliament votes on the budget, then send it to the President to be implemented. So far Parliament has not done anything in regards to approving it, it does seem that they have not even received it yet...imo" Yes imo parliament will need to vote on the budget, with or without a new rate prior...Of course, a new government is needed prior to any monetary reform...if Kazemi gets to continue, it needs an official announcement. With that said, this new food security law seems to be an option they are trying to pass with urgency, anticipating the process for a new government seating could take awhile, as well as the budget approval.
4-22-2022 Intel Guru MarkZ [via PDK] My Redemption center contacts will be on call this weekend. They do not know if they will be working or not. It’s been a ping pong game with them…one day they are told to get ready its happening…the next day…stand down…not ready yet. I think this tells us just how close we are that they have everyone ready to jump at a moments notice...This has been a very strange week. Hurry up and wait…There are a lot if indicators for May 2nd to May 7th for a new government in Iraq. There has been more conversations about the NEER [Nominal Effective Exchange Rate]…it is interesting to watch.
4-22-2022 Newshound/Intel Guru Walkingstick Question: "Ukraine - Russia will it effect the monetary reform?" Not at all. Question: "Is the Russian ruble gold backed?" In reality, no.
4-22-2022 Intel Guru Frank26 Article: "Iraq... Ambiguity surrounding the 2022 budget" WHAT'S IN THE BUDGET... THE NEW EXCHANGE RATE. Article: "The Prime Minister's spokesperson is hosted by Parliament to discuss the budget" THE TALK ABOUT THE BUDGET AND THE NEW EXCHANGE RATE IS HOT!!!
4-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" Quote: "There is no truth to the news circulating on social media and attributed to the Undersecretary of the Ministry of Finance about the existence of ongoing discussions to re-reduce the price of the dollar to 120 thousand dinars within the 2022 budget" I have told everyone over and over again that the RV is NOT in the budget nor will it ever be in the budget.
4-22-2022 Intel Guru MarkZ [via PDK] [how long after the dinar goes will the dong go?] They should go at the same time unless Iraq gets tired of waiting and goes with the NEER rate ($1.60) I think there is a 1% chance of that. 99% chance they will go at exactly the same time.
4-22-2022 Newshound Guru Petra I suspect after seeing the UST, WB, IMF, Deputy Prime Minister, Alawi, in meetings of late, is a sign... A big one...many players ...at the "End Game!" IMO
4-22-2022 Newshound Guru Kaperoni My personal view is I still believe that Iraq will float the dinar allowing it to gradually appreciate as the economy in Iraq prosperous. Which means it'll be gradually over time and it's going to take a while. I firmly believe only with the success of Iraq's economy can the dinar appreciate in value.
4-22-2022 Intel Guru Bruce [via WiserNow] ...Iraq is going to do their thing finally this weekend – they have been pushed...it appears they are going to do it – my gut is they will do it Sunday... What I’m hearing and this is coming through a Wells Fargo contact by a Treasury representative it’s indicating that we will have – that the RV and GCR - is scheduled to take place this weekend...I’m hearing we’re supposed to get notified over this weekend and if we’re not started over the weekend that we would start exchanges Monday...I think this whole thing is going to come together in a beautiful picture and we’ll be amazed when it does...
4-22-2022 Newshound Guru Pimpy Things are really starting to look good for Iraq in many different ways. If they could just get past this political blockage, get a government formed...stick to the white papers - then I think they're going to do really good. The World Bank and IMF have been making some really strong predictions for Iraq's economy and if they can stick to where they are it's going to be really good for them...Iraq is recovering way faster than they thought. I haven't changed my mind, when Iraqi dinar goes up it's going to go up in increments...
4-22-2022 Newshound Guru Godlover Community comment "the parliament votes on the budget, then send it to the President to be implemented. So far Parliament has not done anything in regards to approving it, it does seem that they have not even received it yet...imo" Yes imo parliament will need to vote on the budget, with or without a new rate prior...Of course, a new government is needed prior to any monetary reform...if Kazemi gets to continue, it needs an official announcement. With that said, this new food security law seems to be an option they are trying to pass with urgency, anticipating the process for a new government seating could take awhile, as well as the budget approval.
4-22-2022 Intel Guru MarkZ [via PDK] My Redemption center contacts will be on call this weekend. They do not know if they will be working or not. It’s been a ping pong game with them…one day they are told to get ready its happening…the next day…stand down…not ready yet. I think this tells us just how close we are that they have everyone ready to jump at a moments notice...This has been a very strange week. Hurry up and wait…There are a lot if indicators for May 2nd to May 7th for a new government in Iraq. There has been more conversations about the NEER [Nominal Effective Exchange Rate]…it is interesting to watch.
4-22-2022 Newshound/Intel Guru Walkingstick Question: "Ukraine - Russia will it effect the monetary reform?" Not at all. Question: "Is the Russian ruble gold backed?" In reality, no.
4-22-2022 Intel Guru Frank26 Article: "Iraq... Ambiguity surrounding the 2022 budget" WHAT'S IN THE BUDGET... THE NEW EXCHANGE RATE. Article: "The Prime Minister's spokesperson is hosted by Parliament to discuss the budget" THE TALK ABOUT THE BUDGET AND THE NEW EXCHANGE RATE IS HOT!!!
4-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" Quote: "There is no truth to the news circulating on social media and attributed to the Undersecretary of the Ministry of Finance about the existence of ongoing discussions to re-reduce the price of the dollar to 120 thousand dinars within the 2022 budget" I have told everyone over and over again that the RV is NOT in the budget nor will it ever be in the budget.
4-22-2022 Intel Guru MarkZ [via PDK] [how long after the dinar goes will the dong go?] They should go at the same time unless Iraq gets tired of waiting and goes with the NEER rate ($1.60) I think there is a 1% chance of that. 99% chance they will go at exactly the same time.
4-22-2022 Newshound Guru Petra I suspect after seeing the UST, WB, IMF, Deputy Prime Minister, Alawi, in meetings of late, is a sign... A big one...many players ...at the "End Game!" IMO
4-21-2022 Intel Guru MarkZ [via PDK] There is some news coming out of Iraq. Articles today said there are proposals to keep the current government. But they want to make a constitutional change to a more traditional government with more continuity so they don’t continue to have a breakdown each time they try to seat a government. They are trying to do this between the 2nd and 7th of May. This should give them the ability to pull the trigger on a new value...it appears to me Iraq is laying the groundwork to do whatever it takes …this may include running with the NEER (Nominal Effective Exchange Rate - $1.60) or pushing the envelope so they are forcing the world to acknowledge a rate change in Iraq.
4-21-2022 Newshound/Intel Guru Walkingstick Question: "Is Maliki still throwing monkey wrenches to stall this monetary reform? Trying. That will never change but it's not going to happen.
4-21-2022 Intel Guru Frank26 The date I told you was in titanium. Who in the world would have thought Biden would do what he is doing to our economy and every economy on this planet? The titanium date has passed. The titanium date was in the first quarter of this year IMO...but they are moving forward...
4-21-2022 Intel Guru MarkZ [via PDK] [Will gifted money [Iraqi Dinar] be taxed?] We don’t think so. But not 100% sure. The overwhelming majority of all of my sources from government to military to banking do not believe so…but best to be prepared just in case. [NOTE: Always consult your tax professional at the appropriate time when it comes to currency exchange and gifting.]
4-21-2022 Newshound Guru Clare Question "Do I remember correctly that the caretaker gov't can become the seated gov't by Kazemi making it so?" YES, THE GOVERNMENT DOES NOT NECESSARILY HAVE TO CHANGE AS THE ARTICLES HAVE SAID THEY MAY AGREE TO KEEP KAZEMI, BUT WE NEED THE OFFICIAL ANNOUNCEMENT OF THE NEW GOV. EVEN WITH KAZEMI...THERE NEEDS TO BE CONFIDENCE IN THEIR GOV. IMO
4-21-2022 Newshound Guru Samson Article: "Iraq... Ambiguity surrounding the 2022 budget" Quote: "one of the most important priorities of the upcoming budget, according to global oil prices, is to adjust the value of the dinar against the dollar,"...
4-21-2022 Intel Guru MarkZ [via PDK] There was such an overwhelming amount of chatter last night with expectations for today and this afternoon ...Everybody I know is sitting at the edge of their seats...My contacts in redemption centers are on high alert…they don’t want them more that 45 minutes away from the office today and for the rest of the week. Let’s not get to excited but the chatter seems to think this is the week. ...I am hearing closer to the May 2nd period. But am not ruling out sooner from what I am hearing from my redemption folks. Take all dates with a grain of salt…
4-21-2022 Newshound Guru Godlover Comment from Guru Frank26: "INSIDE OF THIS MONTH OF APRIL...IN MY VERY STRONG OPINION, SOMETHING MAJOR WILL OCCUR INSIDE OF IRAQ..." Hopefully this be a new seated government, or the current caretaker government will have been voted by parliament to remain another year or so per many articles. Then they will have the authority to send the general budget to parliament. Or could this be about the new food security law that has been a very hot topic of late? Time will tell.
4-21-2022 Newshound Guru Pimpy Article: "70 private banks in Iraq - and the World Bank expects it to be ranked first in the Arab world in growth" Yes, the World Bank is saying that Iraq is going to be #1 in terms of GDP growth verse the rest of the Arab world which is outstanding news...this is exactly what you want, huge growth, stable government, a bigger private sector, less reliant on oil. This is great news. This looks very good as long as they can stick to reforms, don't rush the exchange because if you do it could be a setback and they will end up waiting years.
4-21-2022 Newshound Guru Militiaman Article: "Is It Possible To Pass The Budget Of The Caretaker Government Without Final Accounts?" My view is that it is possible that the Care Taker governments can and may have this sorted already and we will find out in short order to support that fact again, imo. The UST, IMF-WB meetings...over the last week imo will bare fruit and likely large fruit. So plentiful that the citizens will be fed for generations to come... Imo I.E.. 2022 Budget with new exchange rate to be exposed back to a previous era.
4-21-2022 Newshound/Intel Guru Mnt Goat It looks like there is finally a breakthrough in forming the new government ...The announcement has not yet happened and is very close. I am told it will happen this week and Saleh and Kazemi will remain in place. This is fantastic news...Not only Sadr but Kazemi and Saleh both support the anti-corruption efforts. WOW! Folks this is our path to the reinstatement...
4-21-2022 Newshound/Intel Guru Walkingstick Question: "Is Maliki still throwing monkey wrenches to stall this monetary reform? Trying. That will never change but it's not going to happen.
4-21-2022 Intel Guru Frank26 The date I told you was in titanium. Who in the world would have thought Biden would do what he is doing to our economy and every economy on this planet? The titanium date has passed. The titanium date was in the first quarter of this year IMO...but they are moving forward...
4-21-2022 Intel Guru MarkZ [via PDK] [Will gifted money [Iraqi Dinar] be taxed?] We don’t think so. But not 100% sure. The overwhelming majority of all of my sources from government to military to banking do not believe so…but best to be prepared just in case. [NOTE: Always consult your tax professional at the appropriate time when it comes to currency exchange and gifting.]
4-21-2022 Newshound Guru Clare Question "Do I remember correctly that the caretaker gov't can become the seated gov't by Kazemi making it so?" YES, THE GOVERNMENT DOES NOT NECESSARILY HAVE TO CHANGE AS THE ARTICLES HAVE SAID THEY MAY AGREE TO KEEP KAZEMI, BUT WE NEED THE OFFICIAL ANNOUNCEMENT OF THE NEW GOV. EVEN WITH KAZEMI...THERE NEEDS TO BE CONFIDENCE IN THEIR GOV. IMO
4-21-2022 Newshound Guru Samson Article: "Iraq... Ambiguity surrounding the 2022 budget" Quote: "one of the most important priorities of the upcoming budget, according to global oil prices, is to adjust the value of the dinar against the dollar,"...
4-21-2022 Intel Guru MarkZ [via PDK] There was such an overwhelming amount of chatter last night with expectations for today and this afternoon ...Everybody I know is sitting at the edge of their seats...My contacts in redemption centers are on high alert…they don’t want them more that 45 minutes away from the office today and for the rest of the week. Let’s not get to excited but the chatter seems to think this is the week. ...I am hearing closer to the May 2nd period. But am not ruling out sooner from what I am hearing from my redemption folks. Take all dates with a grain of salt…
4-21-2022 Newshound Guru Godlover Comment from Guru Frank26: "INSIDE OF THIS MONTH OF APRIL...IN MY VERY STRONG OPINION, SOMETHING MAJOR WILL OCCUR INSIDE OF IRAQ..." Hopefully this be a new seated government, or the current caretaker government will have been voted by parliament to remain another year or so per many articles. Then they will have the authority to send the general budget to parliament. Or could this be about the new food security law that has been a very hot topic of late? Time will tell.
4-21-2022 Newshound Guru Pimpy Article: "70 private banks in Iraq - and the World Bank expects it to be ranked first in the Arab world in growth" Yes, the World Bank is saying that Iraq is going to be #1 in terms of GDP growth verse the rest of the Arab world which is outstanding news...this is exactly what you want, huge growth, stable government, a bigger private sector, less reliant on oil. This is great news. This looks very good as long as they can stick to reforms, don't rush the exchange because if you do it could be a setback and they will end up waiting years.
4-21-2022 Newshound Guru Militiaman Article: "Is It Possible To Pass The Budget Of The Caretaker Government Without Final Accounts?" My view is that it is possible that the Care Taker governments can and may have this sorted already and we will find out in short order to support that fact again, imo. The UST, IMF-WB meetings...over the last week imo will bare fruit and likely large fruit. So plentiful that the citizens will be fed for generations to come... Imo I.E.. 2022 Budget with new exchange rate to be exposed back to a previous era.
4-21-2022 Newshound/Intel Guru Mnt Goat It looks like there is finally a breakthrough in forming the new government ...The announcement has not yet happened and is very close. I am told it will happen this week and Saleh and Kazemi will remain in place. This is fantastic news...Not only Sadr but Kazemi and Saleh both support the anti-corruption efforts. WOW! Folks this is our path to the reinstatement...
4-20-2022 Newshound Guru Petra Press Release "U.S. Department of the Treasury: Under Secretary Brian Nelson’s Meeting with Iraqi Deputy Prime Minister and Minister of Finance, Ali Allawi" I'm having a hard time with that Food Security Law. With the budget imminent, what's the need for it? UNLESS...it's a COVER for something else??? ...I think we can all agree that the "actions" we are seeing clearly delineate a game plan and a strategic execution of timing and global input for Iraq 's next move. With food prices skyrocketing they clearly only have one move to protect their citizenry. A global Force Play!
4-20-2022 Intel Guru Frank26 Question: "Ukraine - Russia will it effect the monetary reform?" No. What does the ruble have to do with the monetary reform of the Iraq ? ...the ruble is being destroyed. Is the ruble on par with the Iraqi dinar? No...what they are doing has nothing to do with the beauty, the supreme efforts that are being done by Kazemi and Mustafa for their country, for their currency. The whole world wants to pour into Iraq and do business with them.
4-20-2022 Newshound Guru Pimpy Article "Central Bank: cash reserves exceeded 70 billion dollars" ...The Central bank has reserves exceed $70 Billion. This is good. Iraq continues to build up the reserves...the more Iraq continues to build up their reserves the easier it is for them to stabilize their own currency...with these reserves they can...increase the value of the exchange rate by buying more of their own currency off the market... Iraq 's foreign reserves are increasing. It's just another step in strengthening the Iraqi dinar and then eventually moving up in the exchange rate. [Post 2 of 2]
4-20-2022 Newshound Guru Pimpy Video "Why Foreign Currency Reserves Are Important" Quote "holding foreign currency reserves...influence the exchange rate. With large foreign exchange reserves a country can target a certain exchange rate. For example, suppose a country wanted to increase the value of its currency, it could sell its dollar reserves to buy its own currency on the foreign exchange markets. The increased demand for this currency would appreciate its value." ...a few years back Iraq was taking I think $1.5 billion a month from their oil revenues and buying their own currency back off the market... [Post 1 of 2]
4-20-2022 Intel Guru MarkZ [via PDK] ...good vibes starting to roll around… there is something in the air…I can feel it...My redemption center folks are finally excited again. They believe they will absolutely be working this weekend. I am getting a lot of chatter from my banking sources about tomorrow. Makes me a little nervous but tentatively excited. It somehow feels like we have turned a corner...
4-20-2022 Newshound Guru Samson Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Article: "The Central Bank: Our cash reserves exceeded $70 billion"
4-20-2022 Newshound/Intel Guru Walkingstick Question: "Do you think Iraq has enough security and stability right now to reinstate their currency?" Most definitely...waiting on a seated government. Nothing else is preventing them from releasing the new exchange rate...they are prepared now to introduce a new exchange and currency...
4-20-2022 Intel Guru Militiaman Press Release: "U.S. Department of the Treasury: Under Secretary Brian Nelson’s Meeting with Iraqi Deputy Prime Minister and Minister of Finance, Ali Allawi" The food law, as they are calling it is a necessity of the citizens. They have been talking about the GOI and the 2022 Budget, i.e., a new exchange rate too IMO. Quote: "They discussed challenges facing Iraq, including inflation and pressure on supplies of food and other commodities as spillovers from Russia’s invasion of Ukraine – food prices in Iraq have increased by double digits since the start of the war." A new exchange rate is imo all that is needed to curb inflation and bring purchase power...Lets see what the day(s) bring...I like this a lot. It is a very timely piece from the UST...
4-20-2022 Intel Guru MarkZ [via PDK] [Do you think they could change the dinar…making the notes we hold no good?] Eventually yes…AFTER we have all exchanged. After a certain amount of time…the large 3 zero notes will be no good...Whenever they change to a new series of notes…there is a time period to exchange the old ones before they are no longer good.
4-20-2022 Intel Guru Fleming ...In a call with the Central Bank of Iraq...happy news was shared...Iraq has had their “Interim Government” in place for the past 2 weeks. The have removed all Iranians (troublemakers), from government...The new (approximate) Golden Dinar rate is 1 IQD to $3 USD...The only compelling reason to wait to begin Tier 4 exchange, is for the ISO 20022 [an ISO standard for electronic data interchange between financial institutions.], which goes into effect the end of the month for currency all over the world. It’s the final, and the verifiable triggering event...Relax with a hopeful knowledge that this is the end of your long wait...
4-20-2022 Intel Guru Frank26 Question: "Ukraine - Russia will it effect the monetary reform?" No. What does the ruble have to do with the monetary reform of the Iraq ? ...the ruble is being destroyed. Is the ruble on par with the Iraqi dinar? No...what they are doing has nothing to do with the beauty, the supreme efforts that are being done by Kazemi and Mustafa for their country, for their currency. The whole world wants to pour into Iraq and do business with them.
4-20-2022 Newshound Guru Pimpy Article "Central Bank: cash reserves exceeded 70 billion dollars" ...The Central bank has reserves exceed $70 Billion. This is good. Iraq continues to build up the reserves...the more Iraq continues to build up their reserves the easier it is for them to stabilize their own currency...with these reserves they can...increase the value of the exchange rate by buying more of their own currency off the market... Iraq 's foreign reserves are increasing. It's just another step in strengthening the Iraqi dinar and then eventually moving up in the exchange rate. [Post 2 of 2]
4-20-2022 Newshound Guru Pimpy Video "Why Foreign Currency Reserves Are Important" Quote "holding foreign currency reserves...influence the exchange rate. With large foreign exchange reserves a country can target a certain exchange rate. For example, suppose a country wanted to increase the value of its currency, it could sell its dollar reserves to buy its own currency on the foreign exchange markets. The increased demand for this currency would appreciate its value." ...a few years back Iraq was taking I think $1.5 billion a month from their oil revenues and buying their own currency back off the market... [Post 1 of 2]
4-20-2022 Intel Guru MarkZ [via PDK] ...good vibes starting to roll around… there is something in the air…I can feel it...My redemption center folks are finally excited again. They believe they will absolutely be working this weekend. I am getting a lot of chatter from my banking sources about tomorrow. Makes me a little nervous but tentatively excited. It somehow feels like we have turned a corner...
4-20-2022 Newshound Guru Samson Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Article: "The Central Bank: Our cash reserves exceeded $70 billion"
4-20-2022 Newshound/Intel Guru Walkingstick Question: "Do you think Iraq has enough security and stability right now to reinstate their currency?" Most definitely...waiting on a seated government. Nothing else is preventing them from releasing the new exchange rate...they are prepared now to introduce a new exchange and currency...
4-20-2022 Intel Guru Militiaman Press Release: "U.S. Department of the Treasury: Under Secretary Brian Nelson’s Meeting with Iraqi Deputy Prime Minister and Minister of Finance, Ali Allawi" The food law, as they are calling it is a necessity of the citizens. They have been talking about the GOI and the 2022 Budget, i.e., a new exchange rate too IMO. Quote: "They discussed challenges facing Iraq, including inflation and pressure on supplies of food and other commodities as spillovers from Russia’s invasion of Ukraine – food prices in Iraq have increased by double digits since the start of the war." A new exchange rate is imo all that is needed to curb inflation and bring purchase power...Lets see what the day(s) bring...I like this a lot. It is a very timely piece from the UST...
4-20-2022 Intel Guru MarkZ [via PDK] [Do you think they could change the dinar…making the notes we hold no good?] Eventually yes…AFTER we have all exchanged. After a certain amount of time…the large 3 zero notes will be no good...Whenever they change to a new series of notes…there is a time period to exchange the old ones before they are no longer good.
4-20-2022 Intel Guru Fleming ...In a call with the Central Bank of Iraq...happy news was shared...Iraq has had their “Interim Government” in place for the past 2 weeks. The have removed all Iranians (troublemakers), from government...The new (approximate) Golden Dinar rate is 1 IQD to $3 USD...The only compelling reason to wait to begin Tier 4 exchange, is for the ISO 20022 [an ISO standard for electronic data interchange between financial institutions.], which goes into effect the end of the month for currency all over the world. It’s the final, and the verifiable triggering event...Relax with a hopeful knowledge that this is the end of your long wait...
4-19-2022 Newshound/Intel Guru Walkingstick Question: "Do you think 2 to 1 is enough? Is it possible for them to consider in their recalculations to make it go even higher?" Yes for the fact they are now looking at the introduction of a currency basket not on par with the USD...
4-19-2022 Intel Guru MarkZ [via PDK] There is conflicting news coming out of Iraq which we always expected would happen at the end. We were told to expect Iraq to put out all kinds of “dates” when it was close…That is what we are seeing. If you read the Kuwaiti newspaper the day before they revalued theirs…they said the RV was about 3 years away…conflicting stories with dates all over the board…then they RV’d it that next morning...I am praying they are right with this news about Thursday from the banking side. [post 2 of 2]
4-19-2022 Intel Guru MarkZ [via PDK] A lot of banking contacts reached out to me today and I am very hesitant to even say it but…I will let you guys manage your own expectations and I will share what I have heard...I think April is going to be fantastic. The banking side has expectations of an announcement on Thursday…my phone has been blowing up with this story of banks expecting to start giving notices on Thursday. This is from banking personnel...I do not know how much credence to give this so don’t make any decisions based on this…I am hopeful that perhaps this is it…but… [post 1 of 2....stay tuned]
4-19-2022 Newshound Guru Clare Question: "Will the IQD be asset backed when there is a change in rate?" YES, BECAUSE IT IS ASSET BACKED ALREADY BECAUSE THE AMOUNT OF WEALTH IRAQ HOLDS IS AMAZING!!! IMO THE CBI RESERVES ARE VERY HIGH! COUNTRIES HAVE INVESTED & CURRENCY SWAPS HAVE TAKEN PLACE ... BECAUSE THEY KNOW WHAT IS GOING TO HAPPEN IN IRAQ!
4-19-2022 Newshound Guru Pimpy Everybody's wanting to know about the Iraqi rate change. I'm going to tell you right now, until the government is formed, the budget is passed, more money is invested into the private sector - that is not going to happen. I know that's not a popular thing to say but...we stay grounded. I'm not here to blow smoke up your butt. I'm here to just be realistic about this investment...
4-19-2022 Intel Guru Frank26 Article: "The Dollar Exchange Rate That Will Be Approved In The 2022 Budget " WHY DO YOU NEED TO APPROVE THE EXCHANGE RATE FOR THE 2022 BUDGET... WHEN YOU ALREADY HAVE AN EXCHANGE RATE... UNLESS YOU'RE GOING TO CHANGE IT.
4-19-2022 Intel Guru MarkZ [via PDK] It has been so quiet... I am hoping it’s the quiet before the storm because it has been silent on all fronts this week...I think we will have slow, steady disclosure going on throughout the week... I also think we are on high alert. I am stunned we are still sitting here waiting and it’s already April 19th... Iraq has already had meetings on what to do with the abundance of funds they are about to have.
4-19-2022 Newshound/Intel Guru Walkingstick A caretaker government will not introduce a new exchange rate. A caretaker government is just that, to keep a functioning government body. The new exchange rate will be introduced by a seated government.
4-19-2022 Newshound/Intel Guru MntGoat ...All the news is very good. ...the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t.
4-19-2022 Intel Guru MarkZ [via PDK] There is conflicting news coming out of Iraq which we always expected would happen at the end. We were told to expect Iraq to put out all kinds of “dates” when it was close…That is what we are seeing. If you read the Kuwaiti newspaper the day before they revalued theirs…they said the RV was about 3 years away…conflicting stories with dates all over the board…then they RV’d it that next morning...I am praying they are right with this news about Thursday from the banking side. [post 2 of 2]
4-19-2022 Intel Guru MarkZ [via PDK] A lot of banking contacts reached out to me today and I am very hesitant to even say it but…I will let you guys manage your own expectations and I will share what I have heard...I think April is going to be fantastic. The banking side has expectations of an announcement on Thursday…my phone has been blowing up with this story of banks expecting to start giving notices on Thursday. This is from banking personnel...I do not know how much credence to give this so don’t make any decisions based on this…I am hopeful that perhaps this is it…but… [post 1 of 2....stay tuned]
4-19-2022 Newshound Guru Clare Question: "Will the IQD be asset backed when there is a change in rate?" YES, BECAUSE IT IS ASSET BACKED ALREADY BECAUSE THE AMOUNT OF WEALTH IRAQ HOLDS IS AMAZING!!! IMO THE CBI RESERVES ARE VERY HIGH! COUNTRIES HAVE INVESTED & CURRENCY SWAPS HAVE TAKEN PLACE ... BECAUSE THEY KNOW WHAT IS GOING TO HAPPEN IN IRAQ!
4-19-2022 Newshound Guru Pimpy Everybody's wanting to know about the Iraqi rate change. I'm going to tell you right now, until the government is formed, the budget is passed, more money is invested into the private sector - that is not going to happen. I know that's not a popular thing to say but...we stay grounded. I'm not here to blow smoke up your butt. I'm here to just be realistic about this investment...
4-19-2022 Intel Guru Frank26 Article: "The Dollar Exchange Rate That Will Be Approved In The 2022 Budget " WHY DO YOU NEED TO APPROVE THE EXCHANGE RATE FOR THE 2022 BUDGET... WHEN YOU ALREADY HAVE AN EXCHANGE RATE... UNLESS YOU'RE GOING TO CHANGE IT.
4-19-2022 Intel Guru MarkZ [via PDK] It has been so quiet... I am hoping it’s the quiet before the storm because it has been silent on all fronts this week...I think we will have slow, steady disclosure going on throughout the week... I also think we are on high alert. I am stunned we are still sitting here waiting and it’s already April 19th... Iraq has already had meetings on what to do with the abundance of funds they are about to have.
4-19-2022 Newshound/Intel Guru Walkingstick A caretaker government will not introduce a new exchange rate. A caretaker government is just that, to keep a functioning government body. The new exchange rate will be introduced by a seated government.
4-19-2022 Newshound/Intel Guru MntGoat ...All the news is very good. ...the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t.
4-18-2022 Intel Guru MarkZ [via PDK] There is all kinds of back and forth coming from Iraq. Basically in a nutshell they are saying there will be political breakthrough at the end of Eid Al Fitr. So between now and May 2nd they are looking for it. I think it’s all theatre because they have filed all the necessary paperwork with the UN, World Bank etc…but the chatter from Iraq is to expect something between now and May 2nd. I am still believing its much sooner than that …at any moment.
4-18-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] If this event occurs, Iraq will make citizens exchange 1,000 current Iraqi dinars for one new Iraqi dinar. That one new Iraqi dinar would be worth approximately $0.50. In other words, about $500 per million of the current dinar. The research paper published and proposed to the central bank for the currency change in Iraq discusses the specific conditions for the implementation. Those conditions are met therefore it recommends the beginning of 2023. This plan is a neutral currency swap at 1000 current dinar to 1 new dinar. Iraq is discussing a new currency, in essence a re-denomination. Not a RV!
4-18-2022 Newshound Guru Pimpy The faster they get away from depending so much on oil the faster they can create more jobs for the Iraqi people, the faster they can get more people off government assistance the better. Then if they get to stabilize their government I don't think it'll be too long after that we'll see something change in the dinar rate...
4-18-2022 Intel Guru MarkZ [via PDK] Looks like President Saleh and Prime Minister Al-Kazemi will continue their roles in Iraq... I am told Kazemi sticking around could speed up the Rv. Also cause more clean-ups of corruption in Iraq. I am told the budget will get done this week and they have worked out the interim government.
4-18-2022 Newshound Guru Godlover I do not care if the budget is sent to parliament immediately. I do not want the 2022 budget opening before a new government seating & neither should you.
4-18-2022 Newshound Guru MilitiaMan Article: "Iraq.. Expose the reasons for the demands to withdraw the hand of the director of customs" No wonder there is movement on the borders to get compliance, the ISO20022 [electronic data interchange between financial institutions] is in the making already. It has been long over due. This article supports that the time is now not next year...The world is not looking back nor are they waiting much longer for significant change. There no more procrastination and Iraq has shown they know it and have had to react. This is a very good sign... imo..
4-18-2022 Newshound Guru Samson Article: "The Central Bank announces an increase in cash reserves to 70 billion dollars”
4-18-2022 Intel Guru MarkZ [via PDK] Article: “The World Bank announces in numbers the recovery of the Iraqi economy” They go into great depth on just how recovered and how flush and fluid Iraq is…. These dollars will not do them any good in the existing structure or value of the dinar…they really need a value change.
4-18-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] If this event occurs, Iraq will make citizens exchange 1,000 current Iraqi dinars for one new Iraqi dinar. That one new Iraqi dinar would be worth approximately $0.50. In other words, about $500 per million of the current dinar. The research paper published and proposed to the central bank for the currency change in Iraq discusses the specific conditions for the implementation. Those conditions are met therefore it recommends the beginning of 2023. This plan is a neutral currency swap at 1000 current dinar to 1 new dinar. Iraq is discussing a new currency, in essence a re-denomination. Not a RV!
4-18-2022 Newshound Guru Pimpy The faster they get away from depending so much on oil the faster they can create more jobs for the Iraqi people, the faster they can get more people off government assistance the better. Then if they get to stabilize their government I don't think it'll be too long after that we'll see something change in the dinar rate...
4-18-2022 Intel Guru MarkZ [via PDK] Looks like President Saleh and Prime Minister Al-Kazemi will continue their roles in Iraq... I am told Kazemi sticking around could speed up the Rv. Also cause more clean-ups of corruption in Iraq. I am told the budget will get done this week and they have worked out the interim government.
4-18-2022 Newshound Guru Godlover I do not care if the budget is sent to parliament immediately. I do not want the 2022 budget opening before a new government seating & neither should you.
4-18-2022 Newshound Guru MilitiaMan Article: "Iraq.. Expose the reasons for the demands to withdraw the hand of the director of customs" No wonder there is movement on the borders to get compliance, the ISO20022 [electronic data interchange between financial institutions] is in the making already. It has been long over due. This article supports that the time is now not next year...The world is not looking back nor are they waiting much longer for significant change. There no more procrastination and Iraq has shown they know it and have had to react. This is a very good sign... imo..
4-18-2022 Newshound Guru Samson Article: "The Central Bank announces an increase in cash reserves to 70 billion dollars”
4-18-2022 Intel Guru MarkZ [via PDK] Article: “The World Bank announces in numbers the recovery of the Iraqi economy” They go into great depth on just how recovered and how flush and fluid Iraq is…. These dollars will not do them any good in the existing structure or value of the dinar…they really need a value change.
4-17-2022 Newshound Guru Pimpy Yep more rate change conversation. They're out there talking about their rate exchange again...This seems to be the talk of the town. Article: "Finance responses to news of its discussion to reduce the dollar exchange rate" Before we had a lot of discussion about the rate change. That's obviously died down a little but I think it was interesting that there was article after article talking about a rate change given the fact that oil prices we up in a big way...$150/barrel that's supposed to be happening shortly. If the projections are correct then Iraq is going to have a lot more money than they had anticipated...which is what you want...
4-17-2022 Newshound Guru Kaperoni This is proposed and of course it directly is related to Iraq forming a new government prior...the Central Bank of Iraq would have to accept the proposal. But considering this proposal is public, and symposiums are being held to educate the citizens, it appears to be what is being pushed forward to be implemented. [Post 2 of 2]
4-17-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] ...what is being talked about and proposed in Iraq for the beginning of 2023 is a currency exchange (LOP). At least two public events must happen before this currency exchange could occur. Parliament must vote and approve of the new currency and implementation and they must officially notify the citizens. The proposed implementation is at the beginning of 2023. [Post 1 of 2....stay tuned]
4-17-2022 Newshound Guru Godlover Question: "don't we need the rate before the budget passes and is opened???" I have always had it in my mind that everything would be completed prior to the budget opening. So yes I do believe the rate should be figured into the budget prior, I just am not a fan of the theory that it will be exposed prior to the budget opening...If a new rate is figured within a said budget, I don't see the logic of the new rate being usable prior to the said budget being opened. The budget is based off of expenditures/finances in a specific rate. I am a firm believer that the budget opening & the CBI announcement (per se), will happen at the same time...pure speculation until proven otherwise.
4-17-2022 Newshound Guru Clare Article: "Overtaking Qatar, Saudi Arabia and the UAE... Iraq is the first in terms of GDP growth and per capita" THIS IS REALLY GREAT! IMO AND THIS IS FOR 2022... ACCORDING TO THE ARTICLE.
4-17-2022 Newshound Guru Pimpy Article: "Cities of Iraq witness demonstrations calling for the speedy formation of the government" When people are going 'Oh man we got all kinds of money coming in Iraq. We're going to do the rate change!' No, No you're not...you have to have a stable government, a stable economy and there has to be peace there not civil unrest. Until all this stuff gets squashed and we move forward with a government that's formed, a budget that's passed and the people are not protesting, you're not going to see a rate change...
4-17-2022 Intel Guru MarkZ [via PDK] [I read that Iraq may come out with a .50 cent rate.] Don’t worry about that …It doesn’t fix their financial issues. Now I have heard that they are floating a NEER rate (Nominal Effective Exchange Rate) of $1.60...If they decide to go by themselves….the rate would be around $1.60. That is a small possibility this could happen...
4-17-2022 Newshound Guru Kaperoni This is proposed and of course it directly is related to Iraq forming a new government prior...the Central Bank of Iraq would have to accept the proposal. But considering this proposal is public, and symposiums are being held to educate the citizens, it appears to be what is being pushed forward to be implemented. [Post 2 of 2]
4-17-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] ...what is being talked about and proposed in Iraq for the beginning of 2023 is a currency exchange (LOP). At least two public events must happen before this currency exchange could occur. Parliament must vote and approve of the new currency and implementation and they must officially notify the citizens. The proposed implementation is at the beginning of 2023. [Post 1 of 2....stay tuned]
4-17-2022 Newshound Guru Godlover Question: "don't we need the rate before the budget passes and is opened???" I have always had it in my mind that everything would be completed prior to the budget opening. So yes I do believe the rate should be figured into the budget prior, I just am not a fan of the theory that it will be exposed prior to the budget opening...If a new rate is figured within a said budget, I don't see the logic of the new rate being usable prior to the said budget being opened. The budget is based off of expenditures/finances in a specific rate. I am a firm believer that the budget opening & the CBI announcement (per se), will happen at the same time...pure speculation until proven otherwise.
4-17-2022 Newshound Guru Clare Article: "Overtaking Qatar, Saudi Arabia and the UAE... Iraq is the first in terms of GDP growth and per capita" THIS IS REALLY GREAT! IMO AND THIS IS FOR 2022... ACCORDING TO THE ARTICLE.
4-17-2022 Newshound Guru Pimpy Article: "Cities of Iraq witness demonstrations calling for the speedy formation of the government" When people are going 'Oh man we got all kinds of money coming in Iraq. We're going to do the rate change!' No, No you're not...you have to have a stable government, a stable economy and there has to be peace there not civil unrest. Until all this stuff gets squashed and we move forward with a government that's formed, a budget that's passed and the people are not protesting, you're not going to see a rate change...
4-17-2022 Intel Guru MarkZ [via PDK] [I read that Iraq may come out with a .50 cent rate.] Don’t worry about that …It doesn’t fix their financial issues. Now I have heard that they are floating a NEER rate (Nominal Effective Exchange Rate) of $1.60...If they decide to go by themselves….the rate would be around $1.60. That is a small possibility this could happen...
4-16-2022 Newshound Guru Pimpy Article: "Renewal is underway for Saleh and Al-Kazemi in power in Iraq" I don't live in Iraq obviously and as much as I know about it I've learned through articles. But it appears to me that Al-Kazemi and Saleh have been a great team...they seem to have accomplished a lot in a short time that they've been in office together... to me this appears to be good news...things appear to be on the right track.
4-16-2022 Newshound Guru Samson Article: "An unexpected surprise.. Leaks indicate that the coordination framework may present Al-Kazemi as a compromise candidate and keep his government"
4-16-2022 Newshound Guru Kaperoni One thing that has occurred there have been several events/symposiums over the last 10 months or so held discussing and educating the citizens of Iraq this plan...we have always been hoping for Iraq to build a prosperous diverse economy away from oil. With the success of that economy would allow the current dinar to gradually appreciate without replacement overtime. [Post 2 of 2]
4-16-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] I have stated numerous times any discussion from Iraq about deleting 3 zeros is a LOP. Which we do not want to see occur. Again, we do not want to see this happen. It is also very important to understand in order for Iraq to issue a new currency, parliament must vote and approve. This has been discussed but due to the lack of a new government, nothing has been approved yet. [Post 1 of 2....stay tuned]
4-16-2022 Newshound Guru Clare Article: "Renewal is underway for Saleh and Al-Kazemi in power in Iraq… Details of a resounding surprise published by (Baghdad Today)"
4-16-2022 Intel Guru MarkZ [via PDK] [Most people think it’s this weekend because of Easter…do you agree?] It is highly possible. ...Is it the most likely time for it to occur…yes. There is a tremendous amount of chatter. But I am always concerned when to many people are in agreement.
4-16-2022 Newshound Guru Godlover Question: [Doesn't it make more sense for the CBI to reinstate/revalue the currency before the budget is released? ...IMO it doesn't seem like a good idea to show the budget before the CBI comes out with a rate.] Before the budget is released or Opened rather...sure I agree with that. Rate exposed prior to sending the budget to parliament, not so much. Certainly whatever the budget opens at, that will be what it is for the remainder of this year. God willing it is a new rate, but it is just speculation until proven otherwise.
4-16-2022 Newshound Guru Pimpy Rumors are they're going to keep Salih president and Al-Kazemi as Prime Minister. I really do think this is a good move. Although there are some people out there who are not happy with the idea. I do believe that they were getting Iraq back on track. A lot was accomplished under the short term that Al-Kazemi had...
4-16-2022 Newshound/Intel Guru Mnt Goat WE are told by the CBI that the currency will finally see its final stages of the currency reform project after a “stable” government is in place...The pressure is enormous and we find out there are massive protests and rallies planned for the near future in Iraq. ...Al-Maliki will do anything to see al-Kazemi not stay in office...Al-Sadr knows this can’t be the case for the survival of Iraq. So, this is where we stand as investors in the dinar. We must wait it out. [post 2 of 2]
4-16-2022 Newshound/Intel Guru Mnt Goat ...Foreign entities want to be able to FREELY move money in and out of Iraq. This is not now possible without a freely tradable and exchangeable currency which is really only obtained by global trading on FOREX and the other global exchanges. So, we have to sit tight and watch this election saga play out.
[post 1 of 2....stay tuned]
4-16-2022 Newshound Guru Samson Article: "An unexpected surprise.. Leaks indicate that the coordination framework may present Al-Kazemi as a compromise candidate and keep his government"
4-16-2022 Newshound Guru Kaperoni One thing that has occurred there have been several events/symposiums over the last 10 months or so held discussing and educating the citizens of Iraq this plan...we have always been hoping for Iraq to build a prosperous diverse economy away from oil. With the success of that economy would allow the current dinar to gradually appreciate without replacement overtime. [Post 2 of 2]
4-16-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] I have stated numerous times any discussion from Iraq about deleting 3 zeros is a LOP. Which we do not want to see occur. Again, we do not want to see this happen. It is also very important to understand in order for Iraq to issue a new currency, parliament must vote and approve. This has been discussed but due to the lack of a new government, nothing has been approved yet. [Post 1 of 2....stay tuned]
4-16-2022 Newshound Guru Clare Article: "Renewal is underway for Saleh and Al-Kazemi in power in Iraq… Details of a resounding surprise published by (Baghdad Today)"
4-16-2022 Intel Guru MarkZ [via PDK] [Most people think it’s this weekend because of Easter…do you agree?] It is highly possible. ...Is it the most likely time for it to occur…yes. There is a tremendous amount of chatter. But I am always concerned when to many people are in agreement.
4-16-2022 Newshound Guru Godlover Question: [Doesn't it make more sense for the CBI to reinstate/revalue the currency before the budget is released? ...IMO it doesn't seem like a good idea to show the budget before the CBI comes out with a rate.] Before the budget is released or Opened rather...sure I agree with that. Rate exposed prior to sending the budget to parliament, not so much. Certainly whatever the budget opens at, that will be what it is for the remainder of this year. God willing it is a new rate, but it is just speculation until proven otherwise.
4-16-2022 Newshound Guru Pimpy Rumors are they're going to keep Salih president and Al-Kazemi as Prime Minister. I really do think this is a good move. Although there are some people out there who are not happy with the idea. I do believe that they were getting Iraq back on track. A lot was accomplished under the short term that Al-Kazemi had...
4-16-2022 Newshound/Intel Guru Mnt Goat WE are told by the CBI that the currency will finally see its final stages of the currency reform project after a “stable” government is in place...The pressure is enormous and we find out there are massive protests and rallies planned for the near future in Iraq. ...Al-Maliki will do anything to see al-Kazemi not stay in office...Al-Sadr knows this can’t be the case for the survival of Iraq. So, this is where we stand as investors in the dinar. We must wait it out. [post 2 of 2]
4-16-2022 Newshound/Intel Guru Mnt Goat ...Foreign entities want to be able to FREELY move money in and out of Iraq. This is not now possible without a freely tradable and exchangeable currency which is really only obtained by global trading on FOREX and the other global exchanges. So, we have to sit tight and watch this election saga play out.
[post 1 of 2....stay tuned]
4-15-2022 Intel Guru Bruce [via WiserNow] Where is Iraq in this thing? They are still putting out their new rate on Sunday their time – Sunday morning – it’s late Saturday night our time – so I’m looking for that to happen and I’m looking for that to be traded internationally starting Sunday night - that is the first business day in Iraq...So let’s just believe we are here finally at the end...
4-15-2022 Intel Guru MarkZ [via PDK] I am still being told to expect something over the weekend. I am still hearing they are still pushing for the budget to be put before Parliament on Sunday or Monday. Redemption folks are still on call for the weekend and still planning on working on Monday. Wish I had more but its an exceptionally quiet day today.
4-15-2022 Newshound Guru Godlover As far as the budget is concerned, my thinking is that if the current government was able to send the budget to parliament, they would have long ago. After all, there is no reason for them not to have already imo. Furthermore, the food security law seems to be a bypass if you will, to open a mini budget in replacement to the general budget. Something I think is a red flag.
4-15-2022 Newshound Guru Kaperoni 1000 current dinar to 1 new dinar is the exchange. The value of 1 new dinar is recommended to be $0.50 cents. In other words, if you exchanged 1 million current Iraqi dinar for the new dinar it would be worth $500 US dollars. There is no gain. All of these specifics are nothing more than a proposal at this time by prominent economists in Iraq. This proposal was submitted to the central bank for implementation beginning of 2023. It is not official. [Post 2 of 2]
4-15-2022 Newshound Guru Kaperoni A new set of documents completely describing the intent/plan for the dinar has been discovered... they may issue a new dinar currency next year in 2023. The new dinar will...be without zeros. Citizens will exchange their current dinar for the new dinar at 1000 to 1. The new dinar will float and be pegged to a basket of currencies, primarily the Middle East. The switch from the current Iraqi dinar to this new dinar is a neutral event. In essence a LOP. [Post 1 of 2....stay tuned]
4-15-2022 Intel Guru MarkZ [via PDK] The news coming out of Iraq is downright confusing. One block says they have to wait for the new president before they push forward…another block is saying they are going to get the food security bill and the budget in front of this parliament session...I have heard from Saturday to Monday for a budget…but do not know what to expect at this point. So much back and forth in Iraq right now... We will watch it as this is the same kind of rhetoric coming out of Kuwait and China and even Iraq just before they revalued before…they put out misinformation to purposefully throw off the timing. So don’t let these conflicting stories discourage you…We have history to prove this is expected...I do feel good that we are so stinkin close though.
4-15-2022 Newshound Guru Pimpy Good news when it comes to the economy [of Iraq] as well as non-oil sector... Article: "The World Bank announces in numbers the recovery of Iraqi economy" It's looking really good... Quote: "noting that the recovery was mainly driven by the non-oil sector...telecom...transportation, accommodation and retail sectors...". That's what we want to hear...all of this strengthens the dinar...
4-15-2022 Newshound Guru Kaperoni Community comment: "Feels like it was all a scam, and once again, I was a sucker. Don’t think I will ever get rid of it, just in case, but, it sure has been a Looooooong time, and nothing looks to have changed." The idea of overnight riches by buying dinar is a scam. Can the dinar appreciate in value? Yes, it is well documented that it can if Iraq builds an economy.
4-15-2022 Intel Guru MarkZ [via PDK] [Mark do you believe we have a good chance for this weekend?] Yes I do believe we have a good chance for this weekend…especially after my communication with an Iraqi source... saying they are hopeful they will get the food law and budget before parliament to vote on it within 3 days….
4-15-2022 Intel Guru MarkZ [via PDK] I am still being told to expect something over the weekend. I am still hearing they are still pushing for the budget to be put before Parliament on Sunday or Monday. Redemption folks are still on call for the weekend and still planning on working on Monday. Wish I had more but its an exceptionally quiet day today.
4-15-2022 Newshound Guru Godlover As far as the budget is concerned, my thinking is that if the current government was able to send the budget to parliament, they would have long ago. After all, there is no reason for them not to have already imo. Furthermore, the food security law seems to be a bypass if you will, to open a mini budget in replacement to the general budget. Something I think is a red flag.
4-15-2022 Newshound Guru Kaperoni 1000 current dinar to 1 new dinar is the exchange. The value of 1 new dinar is recommended to be $0.50 cents. In other words, if you exchanged 1 million current Iraqi dinar for the new dinar it would be worth $500 US dollars. There is no gain. All of these specifics are nothing more than a proposal at this time by prominent economists in Iraq. This proposal was submitted to the central bank for implementation beginning of 2023. It is not official. [Post 2 of 2]
4-15-2022 Newshound Guru Kaperoni A new set of documents completely describing the intent/plan for the dinar has been discovered... they may issue a new dinar currency next year in 2023. The new dinar will...be without zeros. Citizens will exchange their current dinar for the new dinar at 1000 to 1. The new dinar will float and be pegged to a basket of currencies, primarily the Middle East. The switch from the current Iraqi dinar to this new dinar is a neutral event. In essence a LOP. [Post 1 of 2....stay tuned]
4-15-2022 Intel Guru MarkZ [via PDK] The news coming out of Iraq is downright confusing. One block says they have to wait for the new president before they push forward…another block is saying they are going to get the food security bill and the budget in front of this parliament session...I have heard from Saturday to Monday for a budget…but do not know what to expect at this point. So much back and forth in Iraq right now... We will watch it as this is the same kind of rhetoric coming out of Kuwait and China and even Iraq just before they revalued before…they put out misinformation to purposefully throw off the timing. So don’t let these conflicting stories discourage you…We have history to prove this is expected...I do feel good that we are so stinkin close though.
4-15-2022 Newshound Guru Pimpy Good news when it comes to the economy [of Iraq] as well as non-oil sector... Article: "The World Bank announces in numbers the recovery of Iraqi economy" It's looking really good... Quote: "noting that the recovery was mainly driven by the non-oil sector...telecom...transportation, accommodation and retail sectors...". That's what we want to hear...all of this strengthens the dinar...
4-15-2022 Newshound Guru Kaperoni Community comment: "Feels like it was all a scam, and once again, I was a sucker. Don’t think I will ever get rid of it, just in case, but, it sure has been a Looooooong time, and nothing looks to have changed." The idea of overnight riches by buying dinar is a scam. Can the dinar appreciate in value? Yes, it is well documented that it can if Iraq builds an economy.
4-15-2022 Intel Guru MarkZ [via PDK] [Mark do you believe we have a good chance for this weekend?] Yes I do believe we have a good chance for this weekend…especially after my communication with an Iraqi source... saying they are hopeful they will get the food law and budget before parliament to vote on it within 3 days….
4-14-2022 Newshound Guru Godlover Article: "Parliamentary Finance: The draft food security law will be merged with the budget if this happens" This new food security law is talked about a lot lately...I had mentioned ...that an article spoke of this law having a mini budget included. That article also had stated that it would be a substitute for the general budget...I am starting to think that this new law & the possible mini budget will likely pass & be used to get them through until the 2022 budget is passed further down the road.
4-14-2022 Intel Guru MarkZ [via PDK] ...still...hearing...That this is the weekend…Out of Iraq I am still hearing that they expect a vote on the budget and the food security bill by Monday morning. I am being told from my redemption center contacts that they are on call this weekend but should plan on working Monday. This is big…. This is Easter Monday and they are being told to expect to work...
4-14-2022 Guru Nader From The Mid East I hope they change their mind and they send the budget to parliament today or tomorrow...I don't know what's in the budget. I don't know what's the rate. It can be 1450 or 1460. Can be 1160...can be 1. We don't know what's going on...we're getting frustrated with everything. There's a lot of demonstration going on. [Post 2 of 2]
4-14-2022 Guru Nader From The Mid East Al-Kazemi refused to send the '22 budget to the parliament. The reason they said they will wait for the new government to take place for them to send the budget. But we don't know when this freaking government is going to take. They can't even vote for a government...I don't know if Maliki is going to be the prime minister or not. I don't think so. I hope not. I hope Kazemi stay. Maybe they play a game...I don't know what they're doing... [Post 1 of 2....stay tuned]
4-14-2022 Intel Guru Frank26 Article: "Industry: Iraq is the world's first in sulfur reserves" IT'S NOT JUST OIL!!!
4-14-2022 Newshound Guru Pimpy Article: "Oil surges on OPEC, gold jumps on inflation" Here's some really good news..oil is projected to go to around $150 per barrel. Of course this helps benefit Iraq. And no, the Iraqi dinar exchange rate is not going to change just because it's getting more oil money...there are more things to factor in - A stable government, which they don't even have one established. Stable economy, which they haven't even passed the budget. Plus Iraq has to get away from the fact that 90% of the budget's revenue comes from oil. They are working very hard and great reports have been coming out that the private sector is being built...things are going in the right direction but it isn't going to happen overnight but this is a major help...
4-14-2022 Newshound Guru Sandy Ingram Article: "Economic center warns of the repercussions of delayed budget approval" as you know Iraq was not for the 3rd time able to elect a new government. There is a serious problem that is occurring. The budgets need approval by law and this will cause serious economic issues if the budget is not approved soon...the existing prime minister is calling on parliament to come together to make the necessary votes so they can continue on with business...
4-14-2022 Intel Guru MarkZ [via PDK] Out of Iraq- what I am hearing is that they expect the food security law and the budget to go before Parliament in the next 3 days. It could be as early as first thing tomorrow morning Iraq time. Knowing that they only work a half day on Fridays and usually don’t work on Saturdays…I suspect we will see it very early tomorrow or the first thing on Sunday. I am told the rate is in there. And this is when they will announce their released rate.
4-14-2022 Newshound Guru Godlover The food security law, something I had never heard of until recently, talks of a mini budget to replace the general budget. This new food security law seems to as well prove the theory that the current government does not have the authority to send the 2022 budget. For the record....I pray my thinking is wrong & the budget is sent to parliament & when opened, it contains what we all seek.
4-14-2022 Newshound Guru Militiaman We can see that there is a need for an exchange rate change and quickly. The street is being harmed and they are going into protest mode again...There is a parliament in place along with a legal caretaker government to do day to day business. That day to day business includes actions pertaining to budgets. The 2022 budget has been in the news to be sped up and presented in short order, imo...
4-14-2022 Newshound/Intel Guru Mnt Goat The IQD is being artificially suppressed and we can’t deny it any longer. When will they finally reinstate it? I am being told they need first a stable government, to limit the ability to steal money. So when this election controversy is decided they will move ahead with the project to delete the zeros, which we know, leads to the reinstatement soon after...Iraq is in a better position then ever... You heard this again and again how the leaders of Iraq want to move the country back to the “glory” days. They are right on track too to do this. [post 2 of 2]
4-14-2022 Newshound/Intel Guru Mnt Goat ...a financial advisor to the Prime Minister, Mustafa Al-Kazemi, described the financial situation in Iraq, which is derived from crude oil revenues, as “excellent.” Quotes: “Iraq is in an excellent financial position at the present time, as during the past month alone, oil revenues increased to 11 billion dollars, and this is a very large number that has not been recorded for five decades (50 years).” ; “this is a positive aspect, regardless of the profitability of the economy.” It is telling us that they do not really need to develop the economy to any great extent with oil being so high as they have been telling us all along. They can still reinstate the dinar with all these other revenues. [post 1 of 2....stay tuned]
4-14-2022 Intel Guru MarkZ [via PDK] ...still...hearing...That this is the weekend…Out of Iraq I am still hearing that they expect a vote on the budget and the food security bill by Monday morning. I am being told from my redemption center contacts that they are on call this weekend but should plan on working Monday. This is big…. This is Easter Monday and they are being told to expect to work...
4-14-2022 Guru Nader From The Mid East I hope they change their mind and they send the budget to parliament today or tomorrow...I don't know what's in the budget. I don't know what's the rate. It can be 1450 or 1460. Can be 1160...can be 1. We don't know what's going on...we're getting frustrated with everything. There's a lot of demonstration going on. [Post 2 of 2]
4-14-2022 Guru Nader From The Mid East Al-Kazemi refused to send the '22 budget to the parliament. The reason they said they will wait for the new government to take place for them to send the budget. But we don't know when this freaking government is going to take. They can't even vote for a government...I don't know if Maliki is going to be the prime minister or not. I don't think so. I hope not. I hope Kazemi stay. Maybe they play a game...I don't know what they're doing... [Post 1 of 2....stay tuned]
4-14-2022 Intel Guru Frank26 Article: "Industry: Iraq is the world's first in sulfur reserves" IT'S NOT JUST OIL!!!
4-14-2022 Newshound Guru Pimpy Article: "Oil surges on OPEC, gold jumps on inflation" Here's some really good news..oil is projected to go to around $150 per barrel. Of course this helps benefit Iraq. And no, the Iraqi dinar exchange rate is not going to change just because it's getting more oil money...there are more things to factor in - A stable government, which they don't even have one established. Stable economy, which they haven't even passed the budget. Plus Iraq has to get away from the fact that 90% of the budget's revenue comes from oil. They are working very hard and great reports have been coming out that the private sector is being built...things are going in the right direction but it isn't going to happen overnight but this is a major help...
4-14-2022 Newshound Guru Sandy Ingram Article: "Economic center warns of the repercussions of delayed budget approval" as you know Iraq was not for the 3rd time able to elect a new government. There is a serious problem that is occurring. The budgets need approval by law and this will cause serious economic issues if the budget is not approved soon...the existing prime minister is calling on parliament to come together to make the necessary votes so they can continue on with business...
4-14-2022 Intel Guru MarkZ [via PDK] Out of Iraq- what I am hearing is that they expect the food security law and the budget to go before Parliament in the next 3 days. It could be as early as first thing tomorrow morning Iraq time. Knowing that they only work a half day on Fridays and usually don’t work on Saturdays…I suspect we will see it very early tomorrow or the first thing on Sunday. I am told the rate is in there. And this is when they will announce their released rate.
4-14-2022 Newshound Guru Godlover The food security law, something I had never heard of until recently, talks of a mini budget to replace the general budget. This new food security law seems to as well prove the theory that the current government does not have the authority to send the 2022 budget. For the record....I pray my thinking is wrong & the budget is sent to parliament & when opened, it contains what we all seek.
4-14-2022 Newshound Guru Militiaman We can see that there is a need for an exchange rate change and quickly. The street is being harmed and they are going into protest mode again...There is a parliament in place along with a legal caretaker government to do day to day business. That day to day business includes actions pertaining to budgets. The 2022 budget has been in the news to be sped up and presented in short order, imo...
4-14-2022 Newshound/Intel Guru Mnt Goat The IQD is being artificially suppressed and we can’t deny it any longer. When will they finally reinstate it? I am being told they need first a stable government, to limit the ability to steal money. So when this election controversy is decided they will move ahead with the project to delete the zeros, which we know, leads to the reinstatement soon after...Iraq is in a better position then ever... You heard this again and again how the leaders of Iraq want to move the country back to the “glory” days. They are right on track too to do this. [post 2 of 2]
4-14-2022 Newshound/Intel Guru Mnt Goat ...a financial advisor to the Prime Minister, Mustafa Al-Kazemi, described the financial situation in Iraq, which is derived from crude oil revenues, as “excellent.” Quotes: “Iraq is in an excellent financial position at the present time, as during the past month alone, oil revenues increased to 11 billion dollars, and this is a very large number that has not been recorded for five decades (50 years).” ; “this is a positive aspect, regardless of the profitability of the economy.” It is telling us that they do not really need to develop the economy to any great extent with oil being so high as they have been telling us all along. They can still reinstate the dinar with all these other revenues. [post 1 of 2....stay tuned]
4-13-2022 Intel Guru MarkZ [via PDK] ...I have communicated with so many contacts today… They say that...everything is done…and it is event driven…They are waiting on an event. Unfortunately they did not tell me what the event was, or when it was.. I would assume, based on conversations where they alluded to things being done within the next week or so…is this event is very close... I got this from a number of my contacts including Iraqi contacts that are saying the same things. They also believe around Thursday , which is tomorrow …that they will get a new rate... It is driving me nuts today trying to find out what the event is.
4-13-2022 Newshound Guru Pimpy Article: "Parliament will ask the government to send the 2022 budget" As they should. The current government that's in control right now will continue to stay in control until the ones that were chosen and voted in take over. And since that's the case there's a request for them to send over the 2022 budget. We're already in April and the budget hasn't even been approved...
4-13-2022 Newshound Guru Deepwoodz Article: "Al-Kazemi announces bold decisions to protect citizens" You have Kadhimi proposing the Food Security Law that MUST be passed to protect the citizens but somehow he can’t do the same thing for the 2022 Budget Law? ...they’ve had the budget ready since last year and they could certainly have presented it in October...Makes absolutely no sense...The only common denominator I see are the Iranian influence. They didn’t want to reveal it to the last parliament because of them. They don’t want to reveal it yet until they finish the process of creating a government without Maliki in particular and Iranian influence in general...Kadhimi will be the PM again.
4-13-2022 Newshound Guru Godlover Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament " Quote: "The head of the Supreme Judicial Council, Faeq Zaidan, confirmed on Saturday that the Iraqi constitution permits the declaration of an "emergency government" despite the absence of an explicit text for that..." The caretaker government for some time was in limbo imo. As far as them continuing was never a complete doubt, after all many articles mentioned them continuing another year potentially if all else failed, which it did. I still do not think they had full authority until recently with the courts decision imo.
4-13-2022 Intel Guru MarkZ [via PDK] I am being told Easter week is a “go”. I am praying this is it…so many are desperately in need.
4-13-2022 Intel Guru Militiaman My view is that there is way to much evidence that a change is coming and quickly... The liquidity issue if they haven't printed new money, it is an injection of already printed large notes. Fairly simple to me. It is gesture imo on their part to make sure the poor has liquidity. There has been no proof there is any new large notes injected into the economy. If there was it would not be at 1460 or 1470, it would be worse...At this stage, that is highly unlikely to happen...they are geared for a level playing field with a fully IMF compliant Article 8 currency...The WTO is in the wings as well. They will not fully be international until they are in compliance. imo The world is watching..
4-13-2022 Intel Guru Frank26 Article: "Al-Zamili: We will vote to authorize the Al-Kazemi government to send the budget law to the parliament" WE DON'T NEED A GOVERNMENT WE HAVE ONE.
4-13-2022 Newshound/Intel Guru Mnt Goat "THE OLD PRICE IS COMING..POLITICAL FORCES AGREE ON A MAP TO REDUCE THE EXCHANGE RATES OF THE DOLLAR AGAINST THE DINAR" But what is the “old price” they are talking about? 1450 –> 1120 OR 1450 –> $3+ Quote: "The coordinating framework, with all its might, is agreed to reconsider the dollar exchange rate file through a supreme committee consisting of experts to develop a road map" This roadmap to changing the exchange rate is already completed. It was completed in 2011. Remember the CBI is in charge of monetary policy not non-elected or elected officials...
4-13-2022 Newshound Guru Pimpy Article: "Parliament will ask the government to send the 2022 budget" As they should. The current government that's in control right now will continue to stay in control until the ones that were chosen and voted in take over. And since that's the case there's a request for them to send over the 2022 budget. We're already in April and the budget hasn't even been approved...
4-13-2022 Newshound Guru Deepwoodz Article: "Al-Kazemi announces bold decisions to protect citizens" You have Kadhimi proposing the Food Security Law that MUST be passed to protect the citizens but somehow he can’t do the same thing for the 2022 Budget Law? ...they’ve had the budget ready since last year and they could certainly have presented it in October...Makes absolutely no sense...The only common denominator I see are the Iranian influence. They didn’t want to reveal it to the last parliament because of them. They don’t want to reveal it yet until they finish the process of creating a government without Maliki in particular and Iranian influence in general...Kadhimi will be the PM again.
4-13-2022 Newshound Guru Godlover Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament " Quote: "The head of the Supreme Judicial Council, Faeq Zaidan, confirmed on Saturday that the Iraqi constitution permits the declaration of an "emergency government" despite the absence of an explicit text for that..." The caretaker government for some time was in limbo imo. As far as them continuing was never a complete doubt, after all many articles mentioned them continuing another year potentially if all else failed, which it did. I still do not think they had full authority until recently with the courts decision imo.
4-13-2022 Intel Guru MarkZ [via PDK] I am being told Easter week is a “go”. I am praying this is it…so many are desperately in need.
4-13-2022 Intel Guru Militiaman My view is that there is way to much evidence that a change is coming and quickly... The liquidity issue if they haven't printed new money, it is an injection of already printed large notes. Fairly simple to me. It is gesture imo on their part to make sure the poor has liquidity. There has been no proof there is any new large notes injected into the economy. If there was it would not be at 1460 or 1470, it would be worse...At this stage, that is highly unlikely to happen...they are geared for a level playing field with a fully IMF compliant Article 8 currency...The WTO is in the wings as well. They will not fully be international until they are in compliance. imo The world is watching..
4-13-2022 Intel Guru Frank26 Article: "Al-Zamili: We will vote to authorize the Al-Kazemi government to send the budget law to the parliament" WE DON'T NEED A GOVERNMENT WE HAVE ONE.
4-13-2022 Newshound/Intel Guru Mnt Goat "THE OLD PRICE IS COMING..POLITICAL FORCES AGREE ON A MAP TO REDUCE THE EXCHANGE RATES OF THE DOLLAR AGAINST THE DINAR" But what is the “old price” they are talking about? 1450 –> 1120 OR 1450 –> $3+ Quote: "The coordinating framework, with all its might, is agreed to reconsider the dollar exchange rate file through a supreme committee consisting of experts to develop a road map" This roadmap to changing the exchange rate is already completed. It was completed in 2011. Remember the CBI is in charge of monetary policy not non-elected or elected officials...
4-12-2022 Intel Guru MarkZ [via PDK] Article: “Parliament will ask the government to send the 2022 budget." This is positive news out of Iraq. They say the old government is still the current government because they have failed to replace them. They want the budget now so they can approve it…Budget equals rate increase... So that is solid news from Iraq today. So all eyes will be watching Iraq do something…hopefully tomorrow on the budget...We do not the timing of the RV but it is getting closer.
4-12-2022 Newshound Guru Pimpy Still got the issue of trying to establish a government. Right now we're still in that time period that Sadr gave the Coordination Framework. There's a lot of outside interest coming in and trying to influence and rush this process which is exactly what Sadr did not want to happen...I will be extremely curious as to Sadr's move when he's done with his 40 days of silence...the bad news...a president has not been selected. The good news is that Saleh is still president and Al-Kazemi Prime Minister. And both seem to be kicking butt.
4-12-2022 Newshound Guru Deepwoodz ...The 40 day period Sadr put out has me wondering why. It’s almost as if Kadhimi, Sadr, and the CoM are waiting for something in particular. I just don’t know what.
4-12-2022 Intel Guru MarkZ [via PDK] We don’t even have news yet out of Iraq today as they were supposed to set their budget over the next day or two…I am told its most likely for Easter Weekend for this thing to go…We all know it’s coming guys…
4-12-2022 Newshound/Intel Guru Mnt Goat ...my source in the CBI told me they planned the project to delete the zeros in December 2021 but held off since the election issues, they did not anticipate... we all know the history of the currency and the rates. We all know that the country was not nearly as wealthy as it is today...this tells me they are sincere about reinstating with a very high rate and watching it climb thus the need to be very careful. This was a good sign not a bad sign. It may even come out as high as $4 +...
4-12-2022 Newshound Guru MilitiaMan [Response to Guru Godlover below] It is a theory only as to the 3 zero note issuance. It could be exactly that, they didn’t print any new 3 zero notes just a fresh recirculation of what they have in stock to hold them over. They did say in so many words that there would potentially be arguments on the topic and for people to effectively be careful on the matter. Agreed if they printed more three zero notes and spent money to do so we would be able to see that.. I haven’t yet
4-12-2022 Newshound Guru Godlover [Response to Guru Militiaman 4-11-2022] The intel provided has talked about removing as many 3 zero notes as possible. Now we are to believe too many were taken in? If the NSCN's have indeed been printed & the budget is soon to be opened, I see no reason to release more 3 zero notes, when the same liquidity issue could be resolved by releasing the NSCN's. If they release more 3 zero notes, I consider that very bad for something that we all seek in the near future. Lining the poor's pockets with 3 zero notes, although a good theory.... that in itself would go against the removal of the 3 zero notes to begin with imo.
4-12-2022 Intel Guru MarkZ [via PDK] Article: “Head of the Supreme Judicial Council-The Iraqi Constitution authorizes the emergency government.“ Major story on how the emergency government does indeed have the power to move forward with all of these provisions. Also another article stated they have to start pumping currency into the market because of “liquidity Problems”...
4-12-2022 Newshound Guru Pimpy Still got the issue of trying to establish a government. Right now we're still in that time period that Sadr gave the Coordination Framework. There's a lot of outside interest coming in and trying to influence and rush this process which is exactly what Sadr did not want to happen...I will be extremely curious as to Sadr's move when he's done with his 40 days of silence...the bad news...a president has not been selected. The good news is that Saleh is still president and Al-Kazemi Prime Minister. And both seem to be kicking butt.
4-12-2022 Newshound Guru Deepwoodz ...The 40 day period Sadr put out has me wondering why. It’s almost as if Kadhimi, Sadr, and the CoM are waiting for something in particular. I just don’t know what.
4-12-2022 Intel Guru MarkZ [via PDK] We don’t even have news yet out of Iraq today as they were supposed to set their budget over the next day or two…I am told its most likely for Easter Weekend for this thing to go…We all know it’s coming guys…
4-12-2022 Newshound/Intel Guru Mnt Goat ...my source in the CBI told me they planned the project to delete the zeros in December 2021 but held off since the election issues, they did not anticipate... we all know the history of the currency and the rates. We all know that the country was not nearly as wealthy as it is today...this tells me they are sincere about reinstating with a very high rate and watching it climb thus the need to be very careful. This was a good sign not a bad sign. It may even come out as high as $4 +...
4-12-2022 Newshound Guru MilitiaMan [Response to Guru Godlover below] It is a theory only as to the 3 zero note issuance. It could be exactly that, they didn’t print any new 3 zero notes just a fresh recirculation of what they have in stock to hold them over. They did say in so many words that there would potentially be arguments on the topic and for people to effectively be careful on the matter. Agreed if they printed more three zero notes and spent money to do so we would be able to see that.. I haven’t yet
4-12-2022 Newshound Guru Godlover [Response to Guru Militiaman 4-11-2022] The intel provided has talked about removing as many 3 zero notes as possible. Now we are to believe too many were taken in? If the NSCN's have indeed been printed & the budget is soon to be opened, I see no reason to release more 3 zero notes, when the same liquidity issue could be resolved by releasing the NSCN's. If they release more 3 zero notes, I consider that very bad for something that we all seek in the near future. Lining the poor's pockets with 3 zero notes, although a good theory.... that in itself would go against the removal of the 3 zero notes to begin with imo.
4-12-2022 Intel Guru MarkZ [via PDK] Article: “Head of the Supreme Judicial Council-The Iraqi Constitution authorizes the emergency government.“ Major story on how the emergency government does indeed have the power to move forward with all of these provisions. Also another article stated they have to start pumping currency into the market because of “liquidity Problems”...
4-11-2022 Guru Nader From The Mid East Today I read...a newspaper about the CBI and the private sector. They said they achieved positive things. It's true. It's the beginning though. You're gonna see that. I'm sure that's gonna come out in the news. You're gonna see them so don't be surprised. Don't be excited about it too much because they just started working on the private sector. The private sector is one of the main things who can make Iraq financially strong...
4-11-2022 Intel Guru MarkZ [via PDK] Most of my bankers are expecting a “Work Weekend” this upcoming weekend…Other than that it has been quiet on the RV front. I think it’s so quiet because all the decisions that are necessary have been made…So at this point it may be quiet until the switch is flipped...We don’t control the timing but the writing is all over the wall that it is coming.
4-11-2022 Newshound Guru Militiaman Okay, then do to delays that may need to be addressed in the short term of liquidity issues. Or could it be that they want to use what good currency left of the three zero notes they have on hand to help line the pockets of the poor? ...Lets say they issue more three zero notes then, once completed, they RI to a previous era. The poor get a serious stimulus package for all the suffering they have had to endure. The NSCN's also under scrutiny, can follow along with the new digital systems...? We shall see.. imo I have a hard time believing that at this stage 3 zero notes are for longevity... JMTC [Post 2 of 2]
4-11-2022 Newshound Guru Militiaman Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" Lets think about the part about the helping of the citizens. They were hurt the most and may benefit largely with a Re Instatement of the IQD. As for liquidity for the street. Didn't they spend $10s of millions of dollars in printing new currency in 2018? Yes, they did. They were not three zero notes, imo. They were NSCNs and likely fils , as noted by the $54 million spent for currency issuance 08/31/2018 per the CBI. WE also watched the video showing the were destroying 3 zero notes around that time frame. [Post 1 of 2....stay tuned]
4-11-2022 Newshound Guru Pimpy I heard somebody saying, 'No Pimpy is wrong. He doesn't know what he's talking about. There is plenty of money from the oil and that's how we're gonna get the rate change.' If oil price plunges again, what do you think it's going to happen in Iraq? Their economy is going to tank and they're going to be right back to square one struggling...They are making a lot of money right now but...there are a lot of factors taken into consideration before you can change the exchange rate...first things first they've got to get a government in there...
4-11-2022 Newshound Guru Godlover Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" I have been racking my brain trying to figure out the logic to this article...it would not make sense to pump more 3 zero notes into the streets, especially when intel is stating they have been collecting the notes for several months. But what gets me is, as some seem to think it could be the NSCN's, that cannot be imo. After all, the NSCN's would be useless at the current program rate. Not to mention that the article seems to imply that this would be a solution (temporary?) until the budget is approved. Maybe they are referring to USD? I don't know. I did not expect an article like this, at this time...
4-11-2022 Intel Guru MarkZ [via PDK] What have we heard over the weekend? Some pretty positive stuff…They are very keen that this could be our week. My banking folks here are expecting redemption centers to be open later on this week as well. They are very keyed up for this week. I don’t know what changed over the weekend but, reports started coming in late last night that everything is staged and prepared.
4-11-2022 Newshound Guru Deepwoodz Article: "Can the Al-Kazemi government send the 2022 budget to Parliament?" The constitution is clear. There is nothing in it to suggest a weak government or a caretaker government that can’t perform like normal. Anyone can read it for themselves.
4-11-2022 Intel Guru Frank26 Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" THEY NEED SOME LIQUIDITY UNTIL THEY RELEASE THE NEW CURRENCY AND THE NEW EXCHANGE RATE… IT IS THE DELAYS THAT CAUSED THIS. THIS IS NOT THE NSCN’S THEY ARE TALKING ABOUT...
4-11-2022 Intel Guru Holly ...All I will say is things look very good. Lots of good news. I don’t want to say much as we are very critical right now.
4-11-2022 Newshound/Intel Guru RVAlready I think the budget is going to parliament this week. As parliament already promised to give the people the RV as a first priority, I expect the budget with the RV to pass.
4-11-2022 Intel Guru MarkZ [via PDK] Most of my bankers are expecting a “Work Weekend” this upcoming weekend…Other than that it has been quiet on the RV front. I think it’s so quiet because all the decisions that are necessary have been made…So at this point it may be quiet until the switch is flipped...We don’t control the timing but the writing is all over the wall that it is coming.
4-11-2022 Newshound Guru Militiaman Okay, then do to delays that may need to be addressed in the short term of liquidity issues. Or could it be that they want to use what good currency left of the three zero notes they have on hand to help line the pockets of the poor? ...Lets say they issue more three zero notes then, once completed, they RI to a previous era. The poor get a serious stimulus package for all the suffering they have had to endure. The NSCN's also under scrutiny, can follow along with the new digital systems...? We shall see.. imo I have a hard time believing that at this stage 3 zero notes are for longevity... JMTC [Post 2 of 2]
4-11-2022 Newshound Guru Militiaman Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" Lets think about the part about the helping of the citizens. They were hurt the most and may benefit largely with a Re Instatement of the IQD. As for liquidity for the street. Didn't they spend $10s of millions of dollars in printing new currency in 2018? Yes, they did. They were not three zero notes, imo. They were NSCNs and likely fils , as noted by the $54 million spent for currency issuance 08/31/2018 per the CBI. WE also watched the video showing the were destroying 3 zero notes around that time frame. [Post 1 of 2....stay tuned]
4-11-2022 Newshound Guru Pimpy I heard somebody saying, 'No Pimpy is wrong. He doesn't know what he's talking about. There is plenty of money from the oil and that's how we're gonna get the rate change.' If oil price plunges again, what do you think it's going to happen in Iraq? Their economy is going to tank and they're going to be right back to square one struggling...They are making a lot of money right now but...there are a lot of factors taken into consideration before you can change the exchange rate...first things first they've got to get a government in there...
4-11-2022 Newshound Guru Godlover Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" I have been racking my brain trying to figure out the logic to this article...it would not make sense to pump more 3 zero notes into the streets, especially when intel is stating they have been collecting the notes for several months. But what gets me is, as some seem to think it could be the NSCN's, that cannot be imo. After all, the NSCN's would be useless at the current program rate. Not to mention that the article seems to imply that this would be a solution (temporary?) until the budget is approved. Maybe they are referring to USD? I don't know. I did not expect an article like this, at this time...
4-11-2022 Intel Guru MarkZ [via PDK] What have we heard over the weekend? Some pretty positive stuff…They are very keen that this could be our week. My banking folks here are expecting redemption centers to be open later on this week as well. They are very keyed up for this week. I don’t know what changed over the weekend but, reports started coming in late last night that everything is staged and prepared.
4-11-2022 Newshound Guru Deepwoodz Article: "Can the Al-Kazemi government send the 2022 budget to Parliament?" The constitution is clear. There is nothing in it to suggest a weak government or a caretaker government that can’t perform like normal. Anyone can read it for themselves.
4-11-2022 Intel Guru Frank26 Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" THEY NEED SOME LIQUIDITY UNTIL THEY RELEASE THE NEW CURRENCY AND THE NEW EXCHANGE RATE… IT IS THE DELAYS THAT CAUSED THIS. THIS IS NOT THE NSCN’S THEY ARE TALKING ABOUT...
4-11-2022 Intel Guru Holly ...All I will say is things look very good. Lots of good news. I don’t want to say much as we are very critical right now.
4-11-2022 Newshound/Intel Guru RVAlready I think the budget is going to parliament this week. As parliament already promised to give the people the RV as a first priority, I expect the budget with the RV to pass.
4-10-2022 Newshound Guru Adam Montana ... it occurs to me that some people forget what a big deal Ramadan is, and also when it is. Ramadan isn't observed on the same dates everywhere - for Iraq this year, it is April 1 to May 1...Traditionally, nothing major happens during Ramadan...however... Despite the holiday, there are things being done over in the desert...stay tuned!
4-10-2022 Newshound Guru Godlover Article: "What are the measures that al-Sadr will take after the Eid al-Fitr holiday? A leader in the movement reveals the vocabulary of this plan!" Quote: "al-Sadr will go after Eid al-Fitr in the consultations to form the government after the coordinating framework has fulfilled the deadline given to him."
4-10-2022 Newshound Guru Deepwoodz Article: "The Supreme Judiciary: There is no constitutional provision related to the term caretaker government" This clears up a lot of the disinformation that’s been happening for years. Now it’s on record that the current government is not a crippled, weak, or powerless government. In fact it’s the best government they’ve ever had, and the one that will get credit for bringing Iraq back from the dark ages.
4-10-2022 Newshound Guru Sandy Ingram Article: "Oil Minister: We seek to maximize oil revenues as soon as possible" The Oil Minister in Iraq says oil prices will continue to increase by the end of this year. He also is in the process of maximizing oil revenue in the fastest way and still maintain the stability of the energy market and Iraq's share of the world's market...He is singing the same song that other ministers from Iraq are singing...Iraq needs a lot of money to bring the country back...they are talking about everything but currency revalue or float.
4-10-2022 Newshound Guru Pimpy - Speculation plays a role... Political and Economic Conditions - ...95% of their annual budget for the government comes from oil sales. That's not good. That's not stable...the good thing...they're generating so much money from oil sales that they can invest in the private sector... - Political - they're in political turmoil. They can't even form a government... - Future Prospects - ...We know the future prospects of Iraq look very good...[but] no, the fact that they're...generating a ton of money from oil isn't the only determining factor in the Iraqi dinar exchange rate. They got most of the pieces there. [Post 2 of 2]
4-10-2022 Newshound Guru Pimpy You're gonna hear all these people out there arguing 'with this much money being generated by oil - Pimpy's wrong. They're going to change the exchange rate.' No. Because it's more than just how much money the country generates...this is what helps determine a currency's exchange rate - Demand and Supply. If people feel like Iraq is going in a great direction they will invest in their currency. They seem to be on a path going in the right direction but they're moving at the pace of a snail. [Post 1 of 2....stay tuned]
4-10-2022 Newshound Guru Clare Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial situation, and it is time to quickly approve the budget" IT IS GREAT TO SEE THEM TALKING ABOUT THE BUDGET AGAIN..IMO ... THEY CAN LEGALLY SEND IT WITHOUT THE NEW GOVERNMENT IN PLACE ...OR THEY MAY WAIT UNTIL THE GOI IS RESOLVED ... BUT FOR ANYONE TO SAY THEY HAVE TO WAIT FOR THE NEW GOI TO SEND THE BUDGET IS WRONG ACCORDING TO THEIR LEGAL POSSIBILITIES.... WE SHALL SEE WHAT THEY DO!
4-10-2022 Newshound Guru MilitiaMan ...budgets can be considered to be an integral part of the society's needs to function and with out a budget in place it can be considered to be an economic emergency, that hurts the citizens, therefore, the caretaker government has the powers to satisfy their needs. The 2022 budget apparently fits the circumstances in the present time, as an emergency issue. That budget could be on the table this next week...
4-10-2022 Newshound Guru Godlover Article: "What are the measures that al-Sadr will take after the Eid al-Fitr holiday? A leader in the movement reveals the vocabulary of this plan!" Quote: "al-Sadr will go after Eid al-Fitr in the consultations to form the government after the coordinating framework has fulfilled the deadline given to him."
4-10-2022 Newshound Guru Deepwoodz Article: "The Supreme Judiciary: There is no constitutional provision related to the term caretaker government" This clears up a lot of the disinformation that’s been happening for years. Now it’s on record that the current government is not a crippled, weak, or powerless government. In fact it’s the best government they’ve ever had, and the one that will get credit for bringing Iraq back from the dark ages.
4-10-2022 Newshound Guru Sandy Ingram Article: "Oil Minister: We seek to maximize oil revenues as soon as possible" The Oil Minister in Iraq says oil prices will continue to increase by the end of this year. He also is in the process of maximizing oil revenue in the fastest way and still maintain the stability of the energy market and Iraq's share of the world's market...He is singing the same song that other ministers from Iraq are singing...Iraq needs a lot of money to bring the country back...they are talking about everything but currency revalue or float.
4-10-2022 Newshound Guru Pimpy - Speculation plays a role... Political and Economic Conditions - ...95% of their annual budget for the government comes from oil sales. That's not good. That's not stable...the good thing...they're generating so much money from oil sales that they can invest in the private sector... - Political - they're in political turmoil. They can't even form a government... - Future Prospects - ...We know the future prospects of Iraq look very good...[but] no, the fact that they're...generating a ton of money from oil isn't the only determining factor in the Iraqi dinar exchange rate. They got most of the pieces there. [Post 2 of 2]
4-10-2022 Newshound Guru Pimpy You're gonna hear all these people out there arguing 'with this much money being generated by oil - Pimpy's wrong. They're going to change the exchange rate.' No. Because it's more than just how much money the country generates...this is what helps determine a currency's exchange rate - Demand and Supply. If people feel like Iraq is going in a great direction they will invest in their currency. They seem to be on a path going in the right direction but they're moving at the pace of a snail. [Post 1 of 2....stay tuned]
4-10-2022 Newshound Guru Clare Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial situation, and it is time to quickly approve the budget" IT IS GREAT TO SEE THEM TALKING ABOUT THE BUDGET AGAIN..IMO ... THEY CAN LEGALLY SEND IT WITHOUT THE NEW GOVERNMENT IN PLACE ...OR THEY MAY WAIT UNTIL THE GOI IS RESOLVED ... BUT FOR ANYONE TO SAY THEY HAVE TO WAIT FOR THE NEW GOI TO SEND THE BUDGET IS WRONG ACCORDING TO THEIR LEGAL POSSIBILITIES.... WE SHALL SEE WHAT THEY DO!
4-10-2022 Newshound Guru MilitiaMan ...budgets can be considered to be an integral part of the society's needs to function and with out a budget in place it can be considered to be an economic emergency, that hurts the citizens, therefore, the caretaker government has the powers to satisfy their needs. The 2022 budget apparently fits the circumstances in the present time, as an emergency issue. That budget could be on the table this next week...
4-9-2022 Newshound Guru Pimpy Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial position, and it is time to quickly approve the budget" Even thought the election has happened and we don't have all the people in the proper places there's still the interim government led by Al-Kazemi... Quote "the past month oil revenues increased to $11 billion dollars...a very large number that is not been recorded for 5 decades...it is time to present the financial budget law as soon as possible..." If you pass this budget that forces the government...to continue with the reform agenda...
4-9-2022 Intel Guru Bruce [via Dinar Wishes] I have heard that we are supposed to have this complete – the end of it all – by the end of April - that is what our sources have received – is that we get started – we do our exchanges and we’re done by or before the end of April...we have quite a way to go – before the end of the month – there’s plenty of time for them to bring us out and do that...Just maybe - just maybe we are closer than we know and this is going to happen for us so let's just stay focused on it -stay in prayer for it - and lets get prepared...
4-9-2022 Intel Guru MarkZ [via PDK] [Hoping this is a “Boom” month] Sure looks like it’s going to be a “Boom” month…so much disclosure happening…I was told by Redemption Center folks that all the I’s are dotted and t’s are crossed. They are prepared to be called into work. Whether that is today, tomorrow or Monday or Tuesday…we don’t know yet. I am expecting more news throughout the day today. Usually Friday night the news goes silent until Sunday Night…so pretty excited that I am hearing from people today…There is no negative news…lots of positive news… I also think we are really close to the end of the movie.
4-9-2022 Newshound Guru Godlover Article: "The Federal Court rejects the lawsuit filed regarding raising the dollar exchange rate" This article isn't good or bad imo. We know that the CBI is in control of the rate, after the government formation of course. This article only states the obvious that the courts don't have the authority, & it does not tell us the direction the CBI will go. The 2022 budget opening will reveal that.
4-9-2022 Newshound Guru BGG 4) Maliki is as close as he as ever been to having his crooked influence jerked up by the roots and removed – entirely. 5) If anyone doubts Sadr’s resolve and true intentions regarding “reforms” – He’s had nearly a decade on the sidelines to “stew on it” (where Maliki’s crooked dealings put him in the first place). If true reforms are what we are after – why is any of this bad for this investment? [Post 2 of 2]
4-9-2022 Newshound Guru BGG So why, exactly, do things not look good for us? [Asked rhetorically?] 1) Never in the history of this investment has there been as much open conversation about their currency value and monetary policy as there has been for the last six months (or year). 2) Iraq has a caretaker government in place – there is no crisis. 3) Their recent elections show a distinct bias towards removing corruption – they want reforms, BIG TIME. [Post 1 of 2....stay tuned]
4-9-2022 Newshound Guru Clare [Response to Guru Godlover's post below] THEY LEGALLY HAVE THE AUTHORITY AS FAR AS THE BUDGET, AS STATED IN THE ARTICLE.... WHY THEY HAVE NOT YET IS NOT KNOWN BY YOU OR BY ME ... SO TO ASSUME IT IS BECAUSE OF RAMADAN IS JUST AN ASSUMPTION WITH NO DATA TO BACK IT UP... BELIEVE WHATEVER YOU WANT.. BUT THERE ARE PLENTY OF OPTIONS TO HAVE THE NEW GOV IN BEFORE RAMADAN IS OVER...
4-9-2022 Intel Guru Bruce [via Dinar Wishes] I have heard that we are supposed to have this complete – the end of it all – by the end of April - that is what our sources have received – is that we get started – we do our exchanges and we’re done by or before the end of April...we have quite a way to go – before the end of the month – there’s plenty of time for them to bring us out and do that...Just maybe - just maybe we are closer than we know and this is going to happen for us so let's just stay focused on it -stay in prayer for it - and lets get prepared...
4-9-2022 Intel Guru MarkZ [via PDK] [Hoping this is a “Boom” month] Sure looks like it’s going to be a “Boom” month…so much disclosure happening…I was told by Redemption Center folks that all the I’s are dotted and t’s are crossed. They are prepared to be called into work. Whether that is today, tomorrow or Monday or Tuesday…we don’t know yet. I am expecting more news throughout the day today. Usually Friday night the news goes silent until Sunday Night…so pretty excited that I am hearing from people today…There is no negative news…lots of positive news… I also think we are really close to the end of the movie.
4-9-2022 Newshound Guru Godlover Article: "The Federal Court rejects the lawsuit filed regarding raising the dollar exchange rate" This article isn't good or bad imo. We know that the CBI is in control of the rate, after the government formation of course. This article only states the obvious that the courts don't have the authority, & it does not tell us the direction the CBI will go. The 2022 budget opening will reveal that.
4-9-2022 Newshound Guru BGG 4) Maliki is as close as he as ever been to having his crooked influence jerked up by the roots and removed – entirely. 5) If anyone doubts Sadr’s resolve and true intentions regarding “reforms” – He’s had nearly a decade on the sidelines to “stew on it” (where Maliki’s crooked dealings put him in the first place). If true reforms are what we are after – why is any of this bad for this investment? [Post 2 of 2]
4-9-2022 Newshound Guru BGG So why, exactly, do things not look good for us? [Asked rhetorically?] 1) Never in the history of this investment has there been as much open conversation about their currency value and monetary policy as there has been for the last six months (or year). 2) Iraq has a caretaker government in place – there is no crisis. 3) Their recent elections show a distinct bias towards removing corruption – they want reforms, BIG TIME. [Post 1 of 2....stay tuned]
4-9-2022 Newshound Guru Clare [Response to Guru Godlover's post below] THEY LEGALLY HAVE THE AUTHORITY AS FAR AS THE BUDGET, AS STATED IN THE ARTICLE.... WHY THEY HAVE NOT YET IS NOT KNOWN BY YOU OR BY ME ... SO TO ASSUME IT IS BECAUSE OF RAMADAN IS JUST AN ASSUMPTION WITH NO DATA TO BACK IT UP... BELIEVE WHATEVER YOU WANT.. BUT THERE ARE PLENTY OF OPTIONS TO HAVE THE NEW GOV IN BEFORE RAMADAN IS OVER...
4-8-2021 Intel Guru MarkZ Article ”Advisor to Al Kazemi: Iraq is in an excellent financial position and it is time to quickly approve the budget” I am being told out of Iraq that in that budget is a substantial rate increase …I don’t know at this point if this means the...Nominal Effective Exchange Rate of about $1.60 or if it’s a full blown $4+ dollar rate. So we don’t know what to expect on the rate yet. This article points out the budget had been approved...they say it’s the highest revenue achieved since 1972....How much was the IQD worth in 1972? ...about $3.38…so that is the point they are making in Iraq that it’s time to move forward with the budget. So that was solid news out of Iraq.
4-8-2022 Newshound Guru Pimpy Article "A long-term transition period that extends to Al-Kazemi and Barham, including cabinet and constitutional amendments" Obviously, that just makes sense. If there's no new government taken over the old government will continue in its place until otherwise.
4-8-2022 Intel Guru Bruce Iraq still has not put out an international rate yet but I think they are being handcuffed - I don't think they can feel confident putting that out until we are ready to go here - Yes they are sovereign - yes they are out of Chapter 7 with the United Nations - yes they have the ability to just go for it...I think they are waiting until this weekend - that's what I'm hearing - This weekend could do that but I don't know what day...
4-8-2022 Newshound Guru Godlover Article "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" Parliament had/has many laws with them & of course they have the option to vote on them, this is obvious. As far as the budget, I would question if they have the authority.....why not send it? Obvious answer again. All during Ramadan.....again....of course many things will continue, however I suspect that the new POR &/or PM will NOT be elected until AFTER Ramadan, which is something we wait on.
4-8-2022 Newshound/Intel Guru Mnt Goat ...don’t forget all the recent events that have taken place like paying back war reparations to Iraq, then getting out of Chapter VII, then all the news of tying into the “international” banking system. Oh…what about the “White Paper” that is their path to financial freedom and reconstruction. So, let’s not all be so gloomy that this RV did not yet happen and we are in April already. Again as time passed our position gets yet better and better.
4-8-2022 Intel Guru Frank26 Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament”. WE TOLD YOU WEEKS AGO THEY HAD A PLAN AFTER APRIL 6TH AND BEHOLD... Quote: "Iraq has a new, complete parliament, with full powers, and it can pass the budget law."
4-8-2022 Intel Guru MarkZ [via PDK] The news from Iraq, while not meeting our expectations on timing has been overwhelmingly good…and the amount of disclosure released over the last week has been stunning ...Out of Iraq today I am hearing they hope to release the new budget over the weekend or the very first part of next week…even though the new government isn’t completely sat – they should be able to move forward with the economic reform…I am excited about that.
4-8-2022 Newshound Guru Clare Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" WELL LOOK AT THAT!!!... HOW NICE.... SO IT IS A POSSIBILITY! THIS SHUTS DOWN THE IDEA THAT IT WAS NOT POSSIBLE BECAUSE LEGALLY IT IS...AND THEY ARE WORKING HARD, THE CABINET VOTED A BUNCH OF THINGS YESTERDAY ...A NEW LAW (the food law) AND Ports announce the activation of the customs and tax link program...
4-8-2022 Intel Guru Bob Locke [People are excited because you said you believe things are now “imminent”] It had been so quiet and now suddenly I have had multiple calls and a lot of stuff going on…. A lot I cannot talk about but definitely things are happening. This is going to be an interesting week IMO…Everything is extremely positive right now.
4-8-2022 Newshound Guru Pimpy Article "A long-term transition period that extends to Al-Kazemi and Barham, including cabinet and constitutional amendments" Obviously, that just makes sense. If there's no new government taken over the old government will continue in its place until otherwise.
4-8-2022 Intel Guru Bruce Iraq still has not put out an international rate yet but I think they are being handcuffed - I don't think they can feel confident putting that out until we are ready to go here - Yes they are sovereign - yes they are out of Chapter 7 with the United Nations - yes they have the ability to just go for it...I think they are waiting until this weekend - that's what I'm hearing - This weekend could do that but I don't know what day...
4-8-2022 Newshound Guru Godlover Article "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" Parliament had/has many laws with them & of course they have the option to vote on them, this is obvious. As far as the budget, I would question if they have the authority.....why not send it? Obvious answer again. All during Ramadan.....again....of course many things will continue, however I suspect that the new POR &/or PM will NOT be elected until AFTER Ramadan, which is something we wait on.
4-8-2022 Newshound/Intel Guru Mnt Goat ...don’t forget all the recent events that have taken place like paying back war reparations to Iraq, then getting out of Chapter VII, then all the news of tying into the “international” banking system. Oh…what about the “White Paper” that is their path to financial freedom and reconstruction. So, let’s not all be so gloomy that this RV did not yet happen and we are in April already. Again as time passed our position gets yet better and better.
4-8-2022 Intel Guru Frank26 Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament”. WE TOLD YOU WEEKS AGO THEY HAD A PLAN AFTER APRIL 6TH AND BEHOLD... Quote: "Iraq has a new, complete parliament, with full powers, and it can pass the budget law."
4-8-2022 Intel Guru MarkZ [via PDK] The news from Iraq, while not meeting our expectations on timing has been overwhelmingly good…and the amount of disclosure released over the last week has been stunning ...Out of Iraq today I am hearing they hope to release the new budget over the weekend or the very first part of next week…even though the new government isn’t completely sat – they should be able to move forward with the economic reform…I am excited about that.
4-8-2022 Newshound Guru Clare Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" WELL LOOK AT THAT!!!... HOW NICE.... SO IT IS A POSSIBILITY! THIS SHUTS DOWN THE IDEA THAT IT WAS NOT POSSIBLE BECAUSE LEGALLY IT IS...AND THEY ARE WORKING HARD, THE CABINET VOTED A BUNCH OF THINGS YESTERDAY ...A NEW LAW (the food law) AND Ports announce the activation of the customs and tax link program...
4-8-2022 Intel Guru Bob Locke [People are excited because you said you believe things are now “imminent”] It had been so quiet and now suddenly I have had multiple calls and a lot of stuff going on…. A lot I cannot talk about but definitely things are happening. This is going to be an interesting week IMO…Everything is extremely positive right now.
4-7-2022 Intel Guru MarkZ [via PDK] Article: " A legal expert reveals a surprise: The caretaker government in Iraq can send the budget to Parliament" What we are getting from Iraq and a financial expert….is the caretaker government can send the budget to parliament...How this works is when they had a real constitutionally set government that had approved this budget…This was before elections and all this caretaker government stuff... In that budget they had approved the numbers and even approved the rate... So they are saying they can go ahead and implement the budget now with no need to wait…We are hearing they may send it tomorrow, over the weekend or early next week...
4-7-2022 Newshound/Intel Guru Mnt Goat The currency windows are now counterproductive to Iraq and is the problem not the solution. We all need to realize this and the Central Bank of Iraq does already realize this too. So, this gives us assurances that we are close and this reinstatement, our real goal, is close at hand.
4-7-2022 Newshound Guru Kaperoni The concept or idea of a significant RV of the Iraqi dinar goes against every principle of monetary policy. There is no chance the central bank would ever significantly RV the Iraqi dinar. Central banks in general make money off the buy/sell of their currency. If the dinar was ever going to go up in value the central bank would do it gradually so they could make commissions off the buy and sell as it appreciates.
4-7-2022 Guru Nader From The Mid East ...They can't even vote for president...come on....The real thing is in July. If July, nothing happened, nothing is going to happen. So be patient. Hang in there and we'll see what's going on.
4-7-2022 Intel Guru MarkZ [via PDK] News from Iraq is all over the board. Some articles saying we are at any minute…other articles say it will be many weeks…That was to be expected…it happened that way with Kuwait. We saw the same thing with China before they had an RV. We saw the same thing in Germany after world war 2.
4-7-2022 Newshound Guru Pimpy Article: "The deadline for choosing the President of the Republic and expectations or the intervention of the Federal Court" Today was a deadline and there's no president. They can't get a quorum going. I was wondering what the courts are going to be able to do - It looks like we're going to find our here pretty soon. But yeah you have to have a stable government, stable economy...outside investors, foreign investors who are interested to go into your country to invest in it. All these things are taken in consideration [for a new exchange rate]. We're getting there but not as quickly as a lot of us would like...
4-7-2022 Newshound Guru Godlover Article: "Iraq is awaiting a decision from the Federal Supreme Court regarding the constitutional vacuum" Quote: "The Federal Court is awaiting the political consensus between the conflicting blocs to find an agreement after the month of Ramadan to form the next government and choose the President of the Republic." Yep...Because Ramadan is very sacred to them & they do little to nothing during that holiday.
4-7-2022 Intel Guru MarkZ [I heard Iraq hasn’t set the rate because there are some officials that don’t want to see Americans get wealthy.] There has been an ongoing problem with that from day one. Is it going to keep them from changing the rate? No. Will they revalue the dinar a little lower and let if float? Possibly. Remember that if they do not change the rate- they will not get prosperity. Don’t worry about that.
4-7-2022 Newshound/Intel Guru Mnt Goat The currency windows are now counterproductive to Iraq and is the problem not the solution. We all need to realize this and the Central Bank of Iraq does already realize this too. So, this gives us assurances that we are close and this reinstatement, our real goal, is close at hand.
4-7-2022 Newshound Guru Kaperoni The concept or idea of a significant RV of the Iraqi dinar goes against every principle of monetary policy. There is no chance the central bank would ever significantly RV the Iraqi dinar. Central banks in general make money off the buy/sell of their currency. If the dinar was ever going to go up in value the central bank would do it gradually so they could make commissions off the buy and sell as it appreciates.
4-7-2022 Guru Nader From The Mid East ...They can't even vote for president...come on....The real thing is in July. If July, nothing happened, nothing is going to happen. So be patient. Hang in there and we'll see what's going on.
4-7-2022 Intel Guru MarkZ [via PDK] News from Iraq is all over the board. Some articles saying we are at any minute…other articles say it will be many weeks…That was to be expected…it happened that way with Kuwait. We saw the same thing with China before they had an RV. We saw the same thing in Germany after world war 2.
4-7-2022 Newshound Guru Pimpy Article: "The deadline for choosing the President of the Republic and expectations or the intervention of the Federal Court" Today was a deadline and there's no president. They can't get a quorum going. I was wondering what the courts are going to be able to do - It looks like we're going to find our here pretty soon. But yeah you have to have a stable government, stable economy...outside investors, foreign investors who are interested to go into your country to invest in it. All these things are taken in consideration [for a new exchange rate]. We're getting there but not as quickly as a lot of us would like...
4-7-2022 Newshound Guru Godlover Article: "Iraq is awaiting a decision from the Federal Supreme Court regarding the constitutional vacuum" Quote: "The Federal Court is awaiting the political consensus between the conflicting blocs to find an agreement after the month of Ramadan to form the next government and choose the President of the Republic." Yep...Because Ramadan is very sacred to them & they do little to nothing during that holiday.
4-7-2022 Intel Guru MarkZ [I heard Iraq hasn’t set the rate because there are some officials that don’t want to see Americans get wealthy.] There has been an ongoing problem with that from day one. Is it going to keep them from changing the rate? No. Will they revalue the dinar a little lower and let if float? Possibly. Remember that if they do not change the rate- they will not get prosperity. Don’t worry about that.
4-6-2022 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI AFFIRMED THAT IRAQ WILL RETURN TO ITS RIGHTFUL PLACE AND ITS COVENANT KNOWN FOR ITS STRENGTH AND HUMAN AND GLOBAL PRESENCE" We appreciate when these politicians talk about “global” presence or anything international. It shows they are thinking on the right track. Remember just 5 years ago this was not the case.
4-6-2022 Intel Guru MarkZ [via PDK] [What’s the news in Iraq , did they vote?] We are hearing from the 2 largest blocks who rarely agree on anything…that they have agreed and have things fixed…so guess we buckle up and watch this one…. I think a lot of it is just for show as we move forward.
4-6-2022 Newshound Guru Sandy Ingram Learning how to improve your financial portfolio is a wise way to spend our time. For instance, what if the IQD floated to .25 cents next week or next month? If you had 1 million Iraqi dinar to exchange - What would do with $250,000 to build your wealth? There are hundreds of different answers to his question...research is always up to you...
4-6-2022 Intel Guru Bruce [via WiserNow] ...I said I believed that...we are in – “The Final Countdown” right now – so let’s count this thing down...It appears that where we are right now is in a great place for all of this to happen...in terms of what has to happen for everything to come together in this process – I think that we have finally reached that – where we have completed everything that needed to be done...Banks told us we...should be notified sometime tomorrow (Wednesday)...I think we should be within a day or so...I have been in this for 18 years...and I believe we’re in a really good place and we are – in my opinion – in the final countdown...
4-6-2022 Newshound/Intel Guru Mnt Goat ...I must tell you what the CBI and the US Treasury are telling me. They are waiting for the govt to be formed, hoping that the Iranian influence will be under control and have the least impact on Iraqi politics. Also that the Sadr anti-corruption policies work.
4-6-2022 Newshound Guru Pimpy ...What Iraq and OPEC should do is the same thing...We already saw the Russian ruble was devalued right when they got put under sanctions but in less than a month it has already regained all of the value it had lost. What do you think is going to happen to the currency now that's it's moved into the gold standard? It's only going to get stronger...if you force people to buy the oil using...the Iraqi dinar then it's going to increase the purchasing power of the Iraqi dinar. It's going to make it a stronger currency because more gold is coming in, more people are forced to use the currency - think supply and demand. Demand for the Iraqi dinar would increase big time...they should follow in the footsteps of what Russia is doing. [Post 3 of 3]
4-6-2022 Newshound Guru Pimpy ...You cannot buy Russian oil unless you use the Russian ruble. Right now around the world they use...the Petrodollar. In other words the United States dollar. Russia and China had already agreed to start doing trade in their own currencies. Saudi Arabia is agreeing to sell oil to China and Russia in their currencies and getting away from the greenbacks...these people are...moving us back into the gold standard...that's going to strengthen the currency which is going to be strengthened by its gold and the gold is going to come from the sale of oil. So what does that have to do with the Iraqi dinar? [post 2 of 3....stay tuned]
4-6-2022 Newshound Guru Pimpy Can actions of Russia help increase the exchange rate of the Iraqi dinar? Oh yeah it could! It absolutely could bring the rate back to where it was in the past...What did Russia do that could help Iraq increase the value of the Iraqi dinar? They moved into the gold standard...through the sale of their oil... Article: "Russia sets fixed gold price as it restarts official bullion purchases" What does this mean? [post 1 of 3....stay tuned]
4-6-2022 Newshound/Intel Guru Mnt Goat You can clearly see on the chart below what the rate of the IQD was in 1972. Today Iraq’s economy is actually much better and pumping more oil now than in 1972. The price of oil is also staying at records high today while in 1972 oil was very low. This article only gives us yet more proof that the rate of the IQD is being artificially manipulated.
4-6-2022 Intel Guru MarkZ [via PDK] [What’s the news in Iraq , did they vote?] We are hearing from the 2 largest blocks who rarely agree on anything…that they have agreed and have things fixed…so guess we buckle up and watch this one…. I think a lot of it is just for show as we move forward.
4-6-2022 Newshound Guru Sandy Ingram Learning how to improve your financial portfolio is a wise way to spend our time. For instance, what if the IQD floated to .25 cents next week or next month? If you had 1 million Iraqi dinar to exchange - What would do with $250,000 to build your wealth? There are hundreds of different answers to his question...research is always up to you...
4-6-2022 Intel Guru Bruce [via WiserNow] ...I said I believed that...we are in – “The Final Countdown” right now – so let’s count this thing down...It appears that where we are right now is in a great place for all of this to happen...in terms of what has to happen for everything to come together in this process – I think that we have finally reached that – where we have completed everything that needed to be done...Banks told us we...should be notified sometime tomorrow (Wednesday)...I think we should be within a day or so...I have been in this for 18 years...and I believe we’re in a really good place and we are – in my opinion – in the final countdown...
4-6-2022 Newshound/Intel Guru Mnt Goat ...I must tell you what the CBI and the US Treasury are telling me. They are waiting for the govt to be formed, hoping that the Iranian influence will be under control and have the least impact on Iraqi politics. Also that the Sadr anti-corruption policies work.
4-6-2022 Newshound Guru Pimpy ...What Iraq and OPEC should do is the same thing...We already saw the Russian ruble was devalued right when they got put under sanctions but in less than a month it has already regained all of the value it had lost. What do you think is going to happen to the currency now that's it's moved into the gold standard? It's only going to get stronger...if you force people to buy the oil using...the Iraqi dinar then it's going to increase the purchasing power of the Iraqi dinar. It's going to make it a stronger currency because more gold is coming in, more people are forced to use the currency - think supply and demand. Demand for the Iraqi dinar would increase big time...they should follow in the footsteps of what Russia is doing. [Post 3 of 3]
4-6-2022 Newshound Guru Pimpy ...You cannot buy Russian oil unless you use the Russian ruble. Right now around the world they use...the Petrodollar. In other words the United States dollar. Russia and China had already agreed to start doing trade in their own currencies. Saudi Arabia is agreeing to sell oil to China and Russia in their currencies and getting away from the greenbacks...these people are...moving us back into the gold standard...that's going to strengthen the currency which is going to be strengthened by its gold and the gold is going to come from the sale of oil. So what does that have to do with the Iraqi dinar? [post 2 of 3....stay tuned]
4-6-2022 Newshound Guru Pimpy Can actions of Russia help increase the exchange rate of the Iraqi dinar? Oh yeah it could! It absolutely could bring the rate back to where it was in the past...What did Russia do that could help Iraq increase the value of the Iraqi dinar? They moved into the gold standard...through the sale of their oil... Article: "Russia sets fixed gold price as it restarts official bullion purchases" What does this mean? [post 1 of 3....stay tuned]
4-6-2022 Newshound/Intel Guru Mnt Goat You can clearly see on the chart below what the rate of the IQD was in 1972. Today Iraq’s economy is actually much better and pumping more oil now than in 1972. The price of oil is also staying at records high today while in 1972 oil was very low. This article only gives us yet more proof that the rate of the IQD is being artificially manipulated.
4-6-2022 Newshound Guru Godlover "Shakhwan Abdullah: Parliament Will Punish Those Who Leaked The Parliament's Internal Communications" I am hoping that tomorrow [Wednesday] at the very least the POR is elected. A previous article stated that once the POR is elected, the government formation could pass quickly. Then once the government is seated they can then send the budget to parliament. God willing once the budget is read, voted on, signed into law & finally opened, we will see what we all seek.
4-6-2022 Intel Guru MarkZ [via PDK] [..do you still confident that the Dinar, Dong...exchange at once and can you please go over the rates again?] I do feel confident that they are going at the same time…i am still hearing we may get close to $6 on the dinar with a street rate around $4 on the dinar... I am still hearing close to $2.30 on the dong…
4-6-2022 Newshound/Intel Guru RVAlready I hope the court makes a ruling specifying the president, the PM, all the cabinet members, and the RV rate. I think these people have violated the constitution, and the federal court will now deliver the smack down. Anything else will just lead to more of what we have seen for the last several months.
4-5-2022 Intel Guru MarkZ [via PDK] It has been exceptionally quiet on the RV front today. But I am being told it is all coming together as we speak...I know they are expected to get a government squared away tomorrow. Or they reinstate the government that was there before…either way I hear that will figured out tomorrow. Hopefully that will be a positive sign we will see movement tomorrow.
4-5-2022 Newshound Guru Pimpy If you're expecting Iraq to have an RI or an RV within the next week, two weeks, two months you are sadly mistaken. The first thing that has to happen is a government has to be formed...
4-5-2022 Newshound Guru Godlover Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage" If that article is accurate, it only validates the next budget will not be what we all hope for. It speaks of K forming a new government within a year. Certainly no one could possibly think that the monetary reforms is going to happen prior to a new seated government. Many still talk about CBI being independent, which is fine...but there will still be the need for a new seated government prior. It truly is only common sense. I am actually hoping they elect to POR & maybe the PM on the 6th. This new scenario could drag on the whole temp term.
4-5-2022 Newshound/Intel Guru Mnt Goat So why is the rate being artificially suppressed? ...since the IQD is not yet trading internationally on FOREX. Once on FOREX it is governed by the market demand and other restrictions. The CBI can not manipulate it then. This is the real reason why they hesitate to reinstate it. They are corrupt and manipulating the rate. So, please don’t tell me they need to work on the economy or create more stability. This is all hogwash and subject to excuses.
4-5-2022 Guru Nader From The Mid East I'm gonna tell you why the Supreme Court rejected the exchange rate - for two things. First thing is they don't want to be involved. They was the CBI to make the decision...I talk to my friend a journalist and a banker and that's what it says. Second thing they're not sure about the exchange rate. One day they say yes. One day they say no...I'm glad they they did reject it because they will ask for 1250 or 1200 or something like that. That's not good for us so I'm glad they did that. Now it's up to the CBI to make a decision...I think it's gonna change. I don't know how long it's gonna take but it's gonna change...
4-5-2022 Intel Guru MarkZ [via PDK] ...out of Iraq they are anticipating things to happen between the 4th and the 6th… But it’s been very quiet the last 24 hours from Iraq. We are late in the day of the 5th-iraqi time…so to hit that timeline something really needs to break asap.
4-5-2022 Newshound Guru Pimpy Article: "The Federal Court rejects the Lawsuit filed regarding raising the price of the dollar" What kind of power does the court have to do anything? ...they don't...the central bank is the one that will determine the exchange rate...So this [court decision] shouldn't be any surprise whatsoever...I'm not sure what the courts could do when...it comes to the Iraqi dinar exchange rate. That's not their place. But every day it allows me to be more and more curious...in the role the courts are going to play in this election. Obviously we don't have to worry about the currency no more, they just dismissed it...
4-5-2022 Newshound Guru Sandy Ingram The less we hear from the Central Bank of Iraq and news on the currency revaluation the better it is. We know these changes take place in silence and then there are sudden announcements to the public...
4-5-2022 Intel Guru MarkZ [via PDK] [Articles calling this a scam from DOJ/Forbes 2005] Yes…They did not want us investing in this…. They never expected us to find out about it…. The number of hit pieces run on these currencies is unreal…and these are the same people that ran the articles about the Kuwait dinar RV not being real…and we know that was 100% real…originally it was only supposed to be for the elite and their friends…but then the public found out…so they do their best to try to make us give up…. So, do you believe the political operatives trying to protect the banking elite…or do You believe people like Dr. Shabibi and the people at the other end making the RV happen for the Iraqi people?
4-5-2022 Newshound Guru Pimpy If you're expecting Iraq to have an RI or an RV within the next week, two weeks, two months you are sadly mistaken. The first thing that has to happen is a government has to be formed...
4-5-2022 Newshound Guru Godlover Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage" If that article is accurate, it only validates the next budget will not be what we all hope for. It speaks of K forming a new government within a year. Certainly no one could possibly think that the monetary reforms is going to happen prior to a new seated government. Many still talk about CBI being independent, which is fine...but there will still be the need for a new seated government prior. It truly is only common sense. I am actually hoping they elect to POR & maybe the PM on the 6th. This new scenario could drag on the whole temp term.
4-5-2022 Newshound/Intel Guru Mnt Goat So why is the rate being artificially suppressed? ...since the IQD is not yet trading internationally on FOREX. Once on FOREX it is governed by the market demand and other restrictions. The CBI can not manipulate it then. This is the real reason why they hesitate to reinstate it. They are corrupt and manipulating the rate. So, please don’t tell me they need to work on the economy or create more stability. This is all hogwash and subject to excuses.
4-5-2022 Guru Nader From The Mid East I'm gonna tell you why the Supreme Court rejected the exchange rate - for two things. First thing is they don't want to be involved. They was the CBI to make the decision...I talk to my friend a journalist and a banker and that's what it says. Second thing they're not sure about the exchange rate. One day they say yes. One day they say no...I'm glad they they did reject it because they will ask for 1250 or 1200 or something like that. That's not good for us so I'm glad they did that. Now it's up to the CBI to make a decision...I think it's gonna change. I don't know how long it's gonna take but it's gonna change...
4-5-2022 Intel Guru MarkZ [via PDK] ...out of Iraq they are anticipating things to happen between the 4th and the 6th… But it’s been very quiet the last 24 hours from Iraq. We are late in the day of the 5th-iraqi time…so to hit that timeline something really needs to break asap.
4-5-2022 Newshound Guru Pimpy Article: "The Federal Court rejects the Lawsuit filed regarding raising the price of the dollar" What kind of power does the court have to do anything? ...they don't...the central bank is the one that will determine the exchange rate...So this [court decision] shouldn't be any surprise whatsoever...I'm not sure what the courts could do when...it comes to the Iraqi dinar exchange rate. That's not their place. But every day it allows me to be more and more curious...in the role the courts are going to play in this election. Obviously we don't have to worry about the currency no more, they just dismissed it...
4-5-2022 Newshound Guru Sandy Ingram The less we hear from the Central Bank of Iraq and news on the currency revaluation the better it is. We know these changes take place in silence and then there are sudden announcements to the public...
4-5-2022 Intel Guru MarkZ [via PDK] [Articles calling this a scam from DOJ/Forbes 2005] Yes…They did not want us investing in this…. They never expected us to find out about it…. The number of hit pieces run on these currencies is unreal…and these are the same people that ran the articles about the Kuwait dinar RV not being real…and we know that was 100% real…originally it was only supposed to be for the elite and their friends…but then the public found out…so they do their best to try to make us give up…. So, do you believe the political operatives trying to protect the banking elite…or do You believe people like Dr. Shabibi and the people at the other end making the RV happen for the Iraqi people?
4-4-2022 Newshound Guru Pimpy It appears Sadr has turned the hen house over to the foxes. This is not good. This is the opposite of what Sadr wanted to do. He was trying to rid the government of corruption and the very corrupt people he was going after he has now turned over the country to them...he won the majority blocks but it doesn't do no good if you can't control the number of votes on the parliamentary floor...He's still short enough members of parliament to get anything passed and that includes setting up the government...
4-4-2022 Intel Guru MarkZ [via PDK] I am getting a lot from military contacts that expect the RV to move this week –before the week is out...
4-4-2022 Newshound Guru Clare Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage". ANOTHER GREAT SOLUTION! WOW!!! WHO DOESN'T LIKE THIS ONE! LOL...
4-4-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil export revenue hits monthly high since 1972: ministry". Iraq exported more than 100.56 million barrels of crude oil in March, bringing in revenues of $11.07 billion US dollars, the highest monthly revenue since 1972...The average selling price for crude oil during the month of March was approximately a hundred and ten dollars and nine cents per barrel.
4-4-2022 Intel Guru MarkZ [via PDK] Strange article out of Iraq: “The federal court rejects the lawsuit filed regarding raising the price of the dollar” What I am being told out of Iraq is the reason they did this is not enough of an exchange rate…120,000 dinar for every $100 US dollars…but that also they had already determined the timing and have another case they have to hear on April 6th already as to what to do post-Rv…. So I am getting mixed news out of Iraq right now…I am being told not to pay attention to this article because they have already set the timeline and the new value. My contacts in iraq are still expecting the new rate in Iraq this week.
4-4-2022 Newshound Guru butterfly Article: "Federal Court dismisses a case against the Iraqi dinar devaluation"
4-4-2022 Intel/Newshound Guru BGG Article: "The Federal Court rejects the lawsuit filed regarding raising the price of the dollar" Quote: "The Federal Supreme Court rejected, on Monday, April 4, 2022, the lawsuit related to the re-exchange of the US dollar in relation to the Iraqi dinar to its predecessor, at an amount of 120 thousand Iraqi dinars for every 100 US dollars."
4-4-2022 Newshound Guru Pimpy This is great news... Article: "Iraq achieves the highest financial revenue from oil exports in 50 years" You could say whatever you want about this invasion that's going on but it's definitely benefiting Iraq.
4-4-2022 Intel Guru MarkZ [via PDK] I am getting a lot from military contacts that expect the RV to move this week –before the week is out...
4-4-2022 Newshound Guru Clare Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage". ANOTHER GREAT SOLUTION! WOW!!! WHO DOESN'T LIKE THIS ONE! LOL...
4-4-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil export revenue hits monthly high since 1972: ministry". Iraq exported more than 100.56 million barrels of crude oil in March, bringing in revenues of $11.07 billion US dollars, the highest monthly revenue since 1972...The average selling price for crude oil during the month of March was approximately a hundred and ten dollars and nine cents per barrel.
4-4-2022 Intel Guru MarkZ [via PDK] Strange article out of Iraq: “The federal court rejects the lawsuit filed regarding raising the price of the dollar” What I am being told out of Iraq is the reason they did this is not enough of an exchange rate…120,000 dinar for every $100 US dollars…but that also they had already determined the timing and have another case they have to hear on April 6th already as to what to do post-Rv…. So I am getting mixed news out of Iraq right now…I am being told not to pay attention to this article because they have already set the timeline and the new value. My contacts in iraq are still expecting the new rate in Iraq this week.
4-4-2022 Newshound Guru butterfly Article: "Federal Court dismisses a case against the Iraqi dinar devaluation"
4-4-2022 Intel/Newshound Guru BGG Article: "The Federal Court rejects the lawsuit filed regarding raising the price of the dollar" Quote: "The Federal Supreme Court rejected, on Monday, April 4, 2022, the lawsuit related to the re-exchange of the US dollar in relation to the Iraqi dinar to its predecessor, at an amount of 120 thousand Iraqi dinars for every 100 US dollars."
4-4-2022 Newshound Guru Pimpy This is great news... Article: "Iraq achieves the highest financial revenue from oil exports in 50 years" You could say whatever you want about this invasion that's going on but it's definitely benefiting Iraq.
4-3-2022 Newshound Guru Pimpy This is good news. Article: "For adventurous tourists who are unafraid of the occasional military roadblock, the hot new destinations is Iraq" ...I've seen many videos on YouTube that people are over there and they are sightseeing and there's not been a lot of problems so that's a good thing. Tourism is a big money maker for Iraq. Between oil prices going up and tourism increasing things are looking good for Iraq...this article goes on to say that tourism has increased over there in Iraq and more and more people are starting to go and visit. This is a good thing for Iraq..
4-3-2022 Newshound Guru Sandy Ingram The clergy who won many of the parliament seats says he will back down for 40 days in order to give parliament time to build an Iraqi government...this news story comes to us from ABC News. The theory behind the political boycotts is the Iran-backed politicians do not approve of the Kurdistan's candidates for president and the prime minister... [post 2 of 2]
4-3-2022 Newshound Guru Sandy Ingram ABC News Article: "Iraqi cleric steps back, asks rivals to try form government" This information came out on Friday and is all over the internet. For a third time, parliament was not able to form a government. The Iran-backed politicians did not show up to vote for a new Iraqi president who would then facilitate the nomination and vote for the new prime minister. This is what's happening now: [post 1 of 2....stay tuned]
4-3-2022 Newshound Guru Pimpy Article: "The Sadrist movement enters a state of media silence throughout the month of Ramadan" We probably won't hear anything from Sadr during this time. That's probably why he gave them [Maliki and his Framework political block] 40 days to do something about it. We're obviously still stuck on figuring out how this government can be formed and who's going to be responsible for forming it...
4-3-2022 Newshound Guru Petra So, sit tight, the GOI does not make the RI decisions...bad actors in Parliament, will force outside entities to push the CBI to move forward IMO...They are working and getting things done...In summation, relax, it may not be in Iraq's hands much longer because the world...is talking!!!!....It truly is a circus but the true thinkers in Iraq are not getting lost in that craziness. They know what is important and they are preparing all steps to make sure they are ready when the CBI pulls the trigger... [Post 2 of 2]
4-3-2022 Newshound Guru Petra The world is going thru change...a bigger picture that will require Iraq to reinstate their currency...Putin is...demanding all transactions now to be in Rubles. Putin has also asset backed his currency with Gold. So what is happening? The Fiat system, as we know it today, is being threatened to drive the other currencies in the world to follow suit...Russia has a...strategy. Oil and Gold!!! What is Iraq rich in? Oil and Gold. My point being, they cannot stand on the sidelines too much longer and not get lost in the global economics of change occurring...NOW! [Post 1 of 2...stay tuned]
4-3-2022 Intel Guru MarkZ [via PDK] I am still being told that the expectation is full blown numbers for us between the 4th and the 6th…possibly starting as early as Sunday Night…that is what I am still hearing.
4-3-2022 Newshound Guru Militiaman Now that we are at the political crossroad with the GOI...Lets see if that red light of the politics gets sorted while we wait for that green light of the next IQD exchange rate to go live. There comes a time where the system will require the CBI to make an independent move and inter connect with the region and the world, and that move imo may precede the politics if need be. We shall see though. They didn't get this far to stop the bus, they have it fueled and fully tuned and ready to rill imo.. Time is short from view point.
4-3-2022 Newshound Guru Sandy Ingram The clergy who won many of the parliament seats says he will back down for 40 days in order to give parliament time to build an Iraqi government...this news story comes to us from ABC News. The theory behind the political boycotts is the Iran-backed politicians do not approve of the Kurdistan's candidates for president and the prime minister... [post 2 of 2]
4-3-2022 Newshound Guru Sandy Ingram ABC News Article: "Iraqi cleric steps back, asks rivals to try form government" This information came out on Friday and is all over the internet. For a third time, parliament was not able to form a government. The Iran-backed politicians did not show up to vote for a new Iraqi president who would then facilitate the nomination and vote for the new prime minister. This is what's happening now: [post 1 of 2....stay tuned]
4-3-2022 Newshound Guru Pimpy Article: "The Sadrist movement enters a state of media silence throughout the month of Ramadan" We probably won't hear anything from Sadr during this time. That's probably why he gave them [Maliki and his Framework political block] 40 days to do something about it. We're obviously still stuck on figuring out how this government can be formed and who's going to be responsible for forming it...
4-3-2022 Newshound Guru Petra So, sit tight, the GOI does not make the RI decisions...bad actors in Parliament, will force outside entities to push the CBI to move forward IMO...They are working and getting things done...In summation, relax, it may not be in Iraq's hands much longer because the world...is talking!!!!....It truly is a circus but the true thinkers in Iraq are not getting lost in that craziness. They know what is important and they are preparing all steps to make sure they are ready when the CBI pulls the trigger... [Post 2 of 2]
4-3-2022 Newshound Guru Petra The world is going thru change...a bigger picture that will require Iraq to reinstate their currency...Putin is...demanding all transactions now to be in Rubles. Putin has also asset backed his currency with Gold. So what is happening? The Fiat system, as we know it today, is being threatened to drive the other currencies in the world to follow suit...Russia has a...strategy. Oil and Gold!!! What is Iraq rich in? Oil and Gold. My point being, they cannot stand on the sidelines too much longer and not get lost in the global economics of change occurring...NOW! [Post 1 of 2...stay tuned]
4-3-2022 Intel Guru MarkZ [via PDK] I am still being told that the expectation is full blown numbers for us between the 4th and the 6th…possibly starting as early as Sunday Night…that is what I am still hearing.
4-3-2022 Newshound Guru Militiaman Now that we are at the political crossroad with the GOI...Lets see if that red light of the politics gets sorted while we wait for that green light of the next IQD exchange rate to go live. There comes a time where the system will require the CBI to make an independent move and inter connect with the region and the world, and that move imo may precede the politics if need be. We shall see though. They didn't get this far to stop the bus, they have it fueled and fully tuned and ready to rill imo.. Time is short from view point.
4-2-2022 Intel Guru MilitiaMan Article "Parliamentary proposal to speed up the approval of the budget" I am liking this one. It is implying there is urgency and a need to see the budget through. The political stalemate is not helping anyone or anything. There has been passed precedent for the budget to be sorted now and that later if need be the budget can be amended. There should be no big problem. So, lets see if there is a budget submitted prior too the 04/06/2022 time frame for the Presidency. Sure will be in interesting time for all to come together.
4-2-2022 Newshound Guru Pimpy Things that influence the exchange rate of the currency, whether or not you have a stable government is one of them. As you can clearly see they can't even get one established. That's not good at all. You're not going to see any type of exchange rate change happen until the government is put into place, they start doing their job, they start increasing the private sector getting people back to work...all these things play a factor in the exchange rate process and value - Not just 'oh they got a lot of oil.' It doesn't work that way...
4-1-2022 Newshound Guru Kaperoni Central Bank of Iraq monetary policy is in cooperation with the IMF. It's strategic, in scientific and nothing is random or arbitrary. Only with the success and growth of Iraq 's economy can the dinar go up in value.
4-2-2022 Intel Guru MarkZ [via PDK] [...Is there any way this Rv or redemption will not occur?] No…we will get it sooner or later…the problem is we do not know the timing...It is only a matter of time. We believe it will be any day now. It is inevitable…
4-2-2022 Newshound Guru Clare Article: "Parliamentary proposal to speed up the approval of the budget" Quote: "proposed a solution to expedite the approval of the general budget 2022." THAT IS VERY INTERESTING! WE SHALL SEE HOW THEY GET IT DONE... BUT DON'T LOOSE SIGHT OF THE END...NOTHING CAN STOP WHAT'S COMING! IMO
4-2-2022 Newshound Guru Pimpy Article: "Iraq MPs fail for third time to elect new president" Right here it says 'Iraqis federal courts have given legislators until April 6 to choose a new president.' I don't know what kind of authority the courts are going to have over the government but it's going to be interesting to see if they get this accomplished... Quote: "...if the deadlines were missed we could reach a point where new elections are decided to break the deadlock." I'm wondering if they have ability or the cojones to go ahead and pull this off, to go ahead and dissolve the parliament and start new elections.
4-2-2022 Intel Guru MarkZ [via PDK] [Ramadan starts tonight [Friday] …will that affect our RV?] I don’t expect it to affect the RV in any way…
I was told many years ago to expect the RV during Ramadan. To let people really take advantage of the holiday and more purchasing power. So I like that its Ramadan….Some feel it’s the most likely time to expect an RV in Iraq.
4-2-2022 Intel Guru Fleming ...The CBI are ready, willing and able to launch the new (restored) golden dinar. This is set and must happen in short order. Timing is being coordinated and rehearsed like a well-tuned orchestra...
4-2-2022 Newshound Guru Pimpy Things that influence the exchange rate of the currency, whether or not you have a stable government is one of them. As you can clearly see they can't even get one established. That's not good at all. You're not going to see any type of exchange rate change happen until the government is put into place, they start doing their job, they start increasing the private sector getting people back to work...all these things play a factor in the exchange rate process and value - Not just 'oh they got a lot of oil.' It doesn't work that way...
4-1-2022 Newshound Guru Kaperoni Central Bank of Iraq monetary policy is in cooperation with the IMF. It's strategic, in scientific and nothing is random or arbitrary. Only with the success and growth of Iraq 's economy can the dinar go up in value.
4-2-2022 Intel Guru MarkZ [via PDK] [...Is there any way this Rv or redemption will not occur?] No…we will get it sooner or later…the problem is we do not know the timing...It is only a matter of time. We believe it will be any day now. It is inevitable…
4-2-2022 Newshound Guru Clare Article: "Parliamentary proposal to speed up the approval of the budget" Quote: "proposed a solution to expedite the approval of the general budget 2022." THAT IS VERY INTERESTING! WE SHALL SEE HOW THEY GET IT DONE... BUT DON'T LOOSE SIGHT OF THE END...NOTHING CAN STOP WHAT'S COMING! IMO
4-2-2022 Newshound Guru Pimpy Article: "Iraq MPs fail for third time to elect new president" Right here it says 'Iraqis federal courts have given legislators until April 6 to choose a new president.' I don't know what kind of authority the courts are going to have over the government but it's going to be interesting to see if they get this accomplished... Quote: "...if the deadlines were missed we could reach a point where new elections are decided to break the deadlock." I'm wondering if they have ability or the cojones to go ahead and pull this off, to go ahead and dissolve the parliament and start new elections.
4-2-2022 Intel Guru MarkZ [via PDK] [Ramadan starts tonight [Friday] …will that affect our RV?] I don’t expect it to affect the RV in any way…
I was told many years ago to expect the RV during Ramadan. To let people really take advantage of the holiday and more purchasing power. So I like that its Ramadan….Some feel it’s the most likely time to expect an RV in Iraq.
4-2-2022 Intel Guru Fleming ...The CBI are ready, willing and able to launch the new (restored) golden dinar. This is set and must happen in short order. Timing is being coordinated and rehearsed like a well-tuned orchestra...
4-1-2022 Intel Guru MarkZ [via PDK] I am still being told that Iraq is expecting a change in value on Monday. I am hoping and praying this is it and no more kicking the can…I am hearing basically what I heard yesterday…just with more confirmations…Still a parliament date on April 6th to decide what to do with all the excess abundance after the RV...this afternoon was very quiet with little or no change to the expected plan.
4-1-2022 Newshound Guru Kaperoni ...talk about an RV based on political accomplishments such as seating of the new government. I assure you the CBI doesn't care, their decisions are based on strategic and scientific monetary policy.
4-1-2022 Intel Guru Bruce [via WiserNow] ... we have a five day window that we could be notified... I’ve got a couple sources that are pointing to the next 2-3 days which would mean over the weekend... and I’ve got another source that’s talking about Monday or Tuesday and it could be we get notified over the weekend and start Monday – or get notified on Monday and start on Tuesday – it’s going to be interesting and it should be a really good weekend... We’re the beneficiary of very high rates on the currencies that we are holding – like the Dinar – Dong...that are going up in value...We believe we have everything done...
4-1-2022 Newshound Guru Sandy Ingram Article: "Tourists trickle back to Iraq despite the dangers". Here's some really good news. Most western governments still issue travel warnings for all or parts of Iraq...the tourist industry is expected to increase regardless of the travel warnings...
4-1-2022 Intel Guru MarkZ [via PDK] There is some movement in Iraq on getting their new government sat. I am still being told though it’s not necessary for the RV...I am being told we are 3-5 days out right now from a change or rate or an RV... This comes from an overwhelming majority of my banking sources. The new rate within 3-5 days makes sense as they will have the April 4th meeting of Iraqs supreme Court for the CBI to justify why there is no new rate yet. Also they have a meeting scheduled in parliament on April 6th to discuss what to do with “Excess funds or abundance of dollars” they expect to have for...security for the Iraqi people.
4-1-2022 Newshound Guru Pimpy ...Iraq, things aren't looking too good there. They cannot seem to get their government officials into office...they're supposed to have had already a president in place within 30 days. They obviously are a little past that. We're going on I think it's our 5th or 6th month and these people still have not got their president there. But now the courts are involved and threat once again of dissolving the parliament and moving into elections all over...
4-1-2022 Newshound/Intel Guru Mnt Goat Article: "MINISTRY OF FINANCE SAYS 200 BILLION DINARS TRANSFERRED TO ERBIL SULAIMANI — " Remember what the IMF told Iraq on its audits - they must pay the Kurds on a regular schedule and not hold up their payments. This seems to now be occurring. There will be no RV without this steady streams of payments. So this is all good ...
4-1-2022 Intel Guru MarkZ [via PDK] The chatter out of Iraq is still very positive. In a nutshell they are talking over there what the new government is going to look like, roadblocks to seating the new president have been removed and they expect to have one sat by the 4th…even though their goal was the 6th…It’s interesting that they have 2 goals on the 4th now….To have a new currency rate and anew government sat.
4-1-2022 Newshound Guru Kaperoni ...talk about an RV based on political accomplishments such as seating of the new government. I assure you the CBI doesn't care, their decisions are based on strategic and scientific monetary policy.
4-1-2022 Intel Guru Bruce [via WiserNow] ... we have a five day window that we could be notified... I’ve got a couple sources that are pointing to the next 2-3 days which would mean over the weekend... and I’ve got another source that’s talking about Monday or Tuesday and it could be we get notified over the weekend and start Monday – or get notified on Monday and start on Tuesday – it’s going to be interesting and it should be a really good weekend... We’re the beneficiary of very high rates on the currencies that we are holding – like the Dinar – Dong...that are going up in value...We believe we have everything done...
4-1-2022 Newshound Guru Sandy Ingram Article: "Tourists trickle back to Iraq despite the dangers". Here's some really good news. Most western governments still issue travel warnings for all or parts of Iraq...the tourist industry is expected to increase regardless of the travel warnings...
4-1-2022 Intel Guru MarkZ [via PDK] There is some movement in Iraq on getting their new government sat. I am still being told though it’s not necessary for the RV...I am being told we are 3-5 days out right now from a change or rate or an RV... This comes from an overwhelming majority of my banking sources. The new rate within 3-5 days makes sense as they will have the April 4th meeting of Iraqs supreme Court for the CBI to justify why there is no new rate yet. Also they have a meeting scheduled in parliament on April 6th to discuss what to do with “Excess funds or abundance of dollars” they expect to have for...security for the Iraqi people.
4-1-2022 Newshound Guru Pimpy ...Iraq, things aren't looking too good there. They cannot seem to get their government officials into office...they're supposed to have had already a president in place within 30 days. They obviously are a little past that. We're going on I think it's our 5th or 6th month and these people still have not got their president there. But now the courts are involved and threat once again of dissolving the parliament and moving into elections all over...
4-1-2022 Newshound/Intel Guru Mnt Goat Article: "MINISTRY OF FINANCE SAYS 200 BILLION DINARS TRANSFERRED TO ERBIL SULAIMANI — " Remember what the IMF told Iraq on its audits - they must pay the Kurds on a regular schedule and not hold up their payments. This seems to now be occurring. There will be no RV without this steady streams of payments. So this is all good ...
4-1-2022 Intel Guru MarkZ [via PDK] The chatter out of Iraq is still very positive. In a nutshell they are talking over there what the new government is going to look like, roadblocks to seating the new president have been removed and they expect to have one sat by the 4th…even though their goal was the 6th…It’s interesting that they have 2 goals on the 4th now….To have a new currency rate and anew government sat.
3-31-2022 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN REGION IS ABOUT TO ENTER THE GLOBAL ENERGY MAP IN LIGHT OF THE CHANGES TAKING PLACE IN THE REGION AND THE WORLD AT LARGE." Quote: "...the Kurdistan region can provide the entire world with energy, not only Europe , stressing the quest to develop the gas and oil sector..." I don’t know about you but for me this is HUGE….WOW!!!
3-31-2022 Newshound Guru Pimpy Quote "The bankruptcy of the Iraqi Central Bank is incorrect...Bankruptcy is unlikely." That's what I thought...They're saying there's no threat of a bankruptcy. At the same time you can tell they have no interest in changing the exchange rate at the moment. Again, that doesn't mean it's not going to happen.... [Post 2 of 2]
3-31-2022 Newshound Guru Pimpy Article: "Financial Control reveals to / Magazine News/ important information regarding exchange rate" Yes they're still talking about it [The exchange rate]...The rumor is if they change the exchange rate that will somehow bankrupt the Central Bank? Oil prices are higher than ever. There's a surplus of money coming into Iraq . Their foreign reserves build ups so high and they're saying a slight change to the exchange rate would somehow bankrupt the country? That's interesting. [Post 1 of 2....stay tuned]
3-31-2022 Newshound Guru Godlover Question [In your opinion, what is next? I agree they more than likely won't dissolve because they don't follow any laws; imo. So once the 6th comes and goes...can they just stay in limbo?] There is no such thing as a deadline with Iraq . What is next, is eventually they will elect the POR & PM & cabinet...period, at some point. We just wait. I would be pleasantly surprised if they elected a POR by April 6th & they very well could.
3-31-2022 Newshound Guru Clare Article: "The Iraqi government reduces the official working hours during the month of Ramadan". IN PRINT...THEY STILL WORK DURING RAMADAN. imo
3-31-2022 Newshound Guru Militiaman ...The CBI could do as they have in the past, change the rate when they are ready. They have the FM [Finance Minister ?] on board, they even have the politicians all on board based off many articles on the matter. So, it is not like there is going to be any 'hold on a minute.. I didn't want purchasing power... You can't change the rate until all of us politicians sit in our respective seats.' lol...Security and stability and the settlement of differences has been sorted and has played out too. All imo a very good time we are in.
3-31-2022 Intel Guru MarkZ [via PDK] I am hopeful this will finally be “it” this week. I am hopeful Iraq will finally have a new value on the dinar before we hit the fourth on Monday. We are here at what appears to be the end...
3-31-2022 Newshound Guru Samson ...The other way...is for the Prime Minister to submit a request to the President of the Republic to dissolve Parliament...the President of the Republic will issue a republican decree to dissolve Parliament without the need for a vote by the House of Representatives. The only point of controversy in the second option is the absence of a legal text or interpretation of the authority of the caretaker government and the possibility of sending it to such a request to the President of the Republic... [Post 2 of 2]
3-31-2022 Newshound Guru Samson Article: "Disclosure of the deadline for deciding the position of the President of the Republic" Quote: "The deadline for voting on the President of the Republic legally is the sixth of next April...in the event that Parliament fails to resolve the position...the only legal option is to implement the article 61 First of the Constitution ...Article 61 includes two parts... The first is that the House of Representatives dissolves itself at a request submitted by two-thirds of its members...which is an unlikely option... [Post 1 of 2....stay tuned]
3-31-2022 Newshound Guru Kaperoni The only logical and plausible way that the Iraqi dinar could go up in value would be gradually over time so that the money supply could be reduced simultaneously. A currency's value is never random it is based on a country's wealth and GDP...Iraq's own economists have declared that Iraq's entire net worth including all minerals in the ground (including oil) is only around $16 trillion dollars. Currently, Iraq has over 100 trillion dinar in circulation...The dinar appreciation has been discussed many times in Iraq including in the IMF's Article IV Consultation of 2012. The imf's specifically talked about allowing the dinar to gradually appreciate over time...
3-31-2022 Newshound/Intel Guru Mnt Goat Article: "ALI ABDUL-AMIR ALLAWI, CONFIRMED, ON SATURDAY, MARCH 26, 2022, THAT THE WHITE PAPER RESTORED BALANCE TO THE IRAQI ECONOMY" yes, yes, yes, this is exactly the talk we need to hear from the finance minister at this time. It is the White Paper along with pressure from all sides that is going to get us the reinstatement of the dinar back on Forex.
3-31-2022 Newshound Guru Pimpy Quote "The bankruptcy of the Iraqi Central Bank is incorrect...Bankruptcy is unlikely." That's what I thought...They're saying there's no threat of a bankruptcy. At the same time you can tell they have no interest in changing the exchange rate at the moment. Again, that doesn't mean it's not going to happen.... [Post 2 of 2]
3-31-2022 Newshound Guru Pimpy Article: "Financial Control reveals to / Magazine News/ important information regarding exchange rate" Yes they're still talking about it [The exchange rate]...The rumor is if they change the exchange rate that will somehow bankrupt the Central Bank? Oil prices are higher than ever. There's a surplus of money coming into Iraq . Their foreign reserves build ups so high and they're saying a slight change to the exchange rate would somehow bankrupt the country? That's interesting. [Post 1 of 2....stay tuned]
3-31-2022 Newshound Guru Godlover Question [In your opinion, what is next? I agree they more than likely won't dissolve because they don't follow any laws; imo. So once the 6th comes and goes...can they just stay in limbo?] There is no such thing as a deadline with Iraq . What is next, is eventually they will elect the POR & PM & cabinet...period, at some point. We just wait. I would be pleasantly surprised if they elected a POR by April 6th & they very well could.
3-31-2022 Newshound Guru Clare Article: "The Iraqi government reduces the official working hours during the month of Ramadan". IN PRINT...THEY STILL WORK DURING RAMADAN. imo
3-31-2022 Newshound Guru Militiaman ...The CBI could do as they have in the past, change the rate when they are ready. They have the FM [Finance Minister ?] on board, they even have the politicians all on board based off many articles on the matter. So, it is not like there is going to be any 'hold on a minute.. I didn't want purchasing power... You can't change the rate until all of us politicians sit in our respective seats.' lol...Security and stability and the settlement of differences has been sorted and has played out too. All imo a very good time we are in.
3-31-2022 Intel Guru MarkZ [via PDK] I am hopeful this will finally be “it” this week. I am hopeful Iraq will finally have a new value on the dinar before we hit the fourth on Monday. We are here at what appears to be the end...
3-31-2022 Newshound Guru Samson ...The other way...is for the Prime Minister to submit a request to the President of the Republic to dissolve Parliament...the President of the Republic will issue a republican decree to dissolve Parliament without the need for a vote by the House of Representatives. The only point of controversy in the second option is the absence of a legal text or interpretation of the authority of the caretaker government and the possibility of sending it to such a request to the President of the Republic... [Post 2 of 2]
3-31-2022 Newshound Guru Samson Article: "Disclosure of the deadline for deciding the position of the President of the Republic" Quote: "The deadline for voting on the President of the Republic legally is the sixth of next April...in the event that Parliament fails to resolve the position...the only legal option is to implement the article 61 First of the Constitution ...Article 61 includes two parts... The first is that the House of Representatives dissolves itself at a request submitted by two-thirds of its members...which is an unlikely option... [Post 1 of 2....stay tuned]
3-31-2022 Newshound Guru Kaperoni The only logical and plausible way that the Iraqi dinar could go up in value would be gradually over time so that the money supply could be reduced simultaneously. A currency's value is never random it is based on a country's wealth and GDP...Iraq's own economists have declared that Iraq's entire net worth including all minerals in the ground (including oil) is only around $16 trillion dollars. Currently, Iraq has over 100 trillion dinar in circulation...The dinar appreciation has been discussed many times in Iraq including in the IMF's Article IV Consultation of 2012. The imf's specifically talked about allowing the dinar to gradually appreciate over time...
3-31-2022 Newshound/Intel Guru Mnt Goat Article: "ALI ABDUL-AMIR ALLAWI, CONFIRMED, ON SATURDAY, MARCH 26, 2022, THAT THE WHITE PAPER RESTORED BALANCE TO THE IRAQI ECONOMY" yes, yes, yes, this is exactly the talk we need to hear from the finance minister at this time. It is the White Paper along with pressure from all sides that is going to get us the reinstatement of the dinar back on Forex.
3-30-2022 Intel Guru MarkZ Lets talk about the RV. There has been some positive and exciting things happen today...everything may be over real soon. I know you agree that we can’t take any more can kicking and want it done now...may take a week or two before you or I get to go to the banks...I am so excited and really hope we don’t get deflated this time....I really hope I get more incredible news overnight and can’t sleep again...I’m ok with that...
3-30-2022 Newshound Guru Pimpy This is good news. Article: "A rise in Iraq's oil exports to America in a week" The number of barrels of oil that they're sending to the United States has increased which brings more revenue into Iraq. As long as it's being spent wisely we should be happy about that...
3-30-2022 Intel Guru Bruce ...we are still looking for something this week...we are looking at maybe towards the end of the week - If we look at the calendar - we see that Friday is April 1st...Now – we don’t know exactly when we will get notified but it’s quite possible we would receive that Friday and it’s also possible that we could start our exchanges Friday or Saturday – very conceivable...I don’t know whether or not that is the exact plan but we know the physical schedules have been handed out at the redemption centers...So I think it looks like that should be on Friday the 1st...It could be a very interesting weekend for us...
3-30-2022 Intel Guru MarkZ [via PDK] Overnight my phone lit up…from many, many sources…that there was a lot of very successful money movement on the QFS. Testing in the Asian markets...they were moving very large chunks. This has been a problem in the past…transferring funds from our older legacy bank systems with older technologies to the QFS. I am being told money transfers were exceptionally successful last night. ...My bankers are extremely excited about the news coming out... They think this is very, very close. Very successful movements of large blocks of money on the new system. I think this is fantastic. This means they can pull the trigger or flip the switch at any moment now after these successful tests…that is what I am being told.
3-30-2022 Newshound Guru Sandy Ingram Even then the fact that Iraq has overprinted the money may spell trouble for the old currency to the new currency exchange. It would depend on how many people, companies and countries show up for the exchange or even if we are allowed to make the exchange. This is all based on what if Iraq does what Venezuela has done. Iraq would have control over the new currency and it would be in control of their own creation... [Post 2 of 2]
3-30-2022 Newshound Guru Sandy Ingram Article: "Venezuela's risky currency stabilization to tackle inflation" Venezuela's currency is up in value. Can the IQD follow? ...the new Bolivar has against all odds managed to stabilize the economy...We know Iraq has over printed its currency...We know that if Iraq decides to do what Venezuela has done and issues a new currency many of us will or might be in trouble with our investment unless we are willing or even allowed to travel to the Middle East to exchange our old Iraqi dinars for the new Iraqi currency. [Post 1 of 2...stay tuned]
3-30-2022 Intel Guru MarkZ [via PDK] Some folks...are very worried about news out of Iraq. The election to choose the new president has been moved to April 3rd to the 6th now… But, I would like to again point out that they let us know on Monday that they can still move forward with committees, and Saturday they sat the finance committee. I was reassured again that since the finance committee was seated…the banking side and CBI are squared away and they do not need the rest of the Government to RV. If they do not seat a new government by the 6th …the existing government just takes over again.
3-30-2022 Newshound Guru butterfly Only 152 lawmakers showed up for the latest vote...For the third time, Iraqi parliament fails to elect a new president.
3-30-2022 Newshound/Intel Guru Mnt Goat Status of the RV...has not changed. The central bank of Iraq (CBI) still intends to conduct the project to delete the zeros as soon as there is stability in the government...Remember the project to delete the zeros is the next step. The needed financial reforms are complete except for some much needed laws to better control the independent banks operating in Iraq...I assure you just have faith and hang in since it is coming!
3-30-2022 Newshound Guru Samson Article: "The Iraqi parliament fails for the third time to hold a session to elect the president of the republic"
3-30-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes with the NEER (Nominal Effective Exchange Rate)...the rate will float. Right now we are hearing if Iraq does go with the NEER the rate will be about $1.60. This can be used if Iraq gets tired of waiting for the GCR... They want the full amount of over $3.22 but may settle for the lower NEER rate to float if they have to.
3-30-2022 Newshound Guru Pimpy This is good news. Article: "A rise in Iraq's oil exports to America in a week" The number of barrels of oil that they're sending to the United States has increased which brings more revenue into Iraq. As long as it's being spent wisely we should be happy about that...
3-30-2022 Intel Guru Bruce ...we are still looking for something this week...we are looking at maybe towards the end of the week - If we look at the calendar - we see that Friday is April 1st...Now – we don’t know exactly when we will get notified but it’s quite possible we would receive that Friday and it’s also possible that we could start our exchanges Friday or Saturday – very conceivable...I don’t know whether or not that is the exact plan but we know the physical schedules have been handed out at the redemption centers...So I think it looks like that should be on Friday the 1st...It could be a very interesting weekend for us...
3-30-2022 Intel Guru MarkZ [via PDK] Overnight my phone lit up…from many, many sources…that there was a lot of very successful money movement on the QFS. Testing in the Asian markets...they were moving very large chunks. This has been a problem in the past…transferring funds from our older legacy bank systems with older technologies to the QFS. I am being told money transfers were exceptionally successful last night. ...My bankers are extremely excited about the news coming out... They think this is very, very close. Very successful movements of large blocks of money on the new system. I think this is fantastic. This means they can pull the trigger or flip the switch at any moment now after these successful tests…that is what I am being told.
3-30-2022 Newshound Guru Sandy Ingram Even then the fact that Iraq has overprinted the money may spell trouble for the old currency to the new currency exchange. It would depend on how many people, companies and countries show up for the exchange or even if we are allowed to make the exchange. This is all based on what if Iraq does what Venezuela has done. Iraq would have control over the new currency and it would be in control of their own creation... [Post 2 of 2]
3-30-2022 Newshound Guru Sandy Ingram Article: "Venezuela's risky currency stabilization to tackle inflation" Venezuela's currency is up in value. Can the IQD follow? ...the new Bolivar has against all odds managed to stabilize the economy...We know Iraq has over printed its currency...We know that if Iraq decides to do what Venezuela has done and issues a new currency many of us will or might be in trouble with our investment unless we are willing or even allowed to travel to the Middle East to exchange our old Iraqi dinars for the new Iraqi currency. [Post 1 of 2...stay tuned]
3-30-2022 Intel Guru MarkZ [via PDK] Some folks...are very worried about news out of Iraq. The election to choose the new president has been moved to April 3rd to the 6th now… But, I would like to again point out that they let us know on Monday that they can still move forward with committees, and Saturday they sat the finance committee. I was reassured again that since the finance committee was seated…the banking side and CBI are squared away and they do not need the rest of the Government to RV. If they do not seat a new government by the 6th …the existing government just takes over again.
3-30-2022 Newshound Guru butterfly Only 152 lawmakers showed up for the latest vote...For the third time, Iraqi parliament fails to elect a new president.
3-30-2022 Newshound/Intel Guru Mnt Goat Status of the RV...has not changed. The central bank of Iraq (CBI) still intends to conduct the project to delete the zeros as soon as there is stability in the government...Remember the project to delete the zeros is the next step. The needed financial reforms are complete except for some much needed laws to better control the independent banks operating in Iraq...I assure you just have faith and hang in since it is coming!
3-30-2022 Newshound Guru Samson Article: "The Iraqi parliament fails for the third time to hold a session to elect the president of the republic"
3-30-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes with the NEER (Nominal Effective Exchange Rate)...the rate will float. Right now we are hearing if Iraq does go with the NEER the rate will be about $1.60. This can be used if Iraq gets tired of waiting for the GCR... They want the full amount of over $3.22 but may settle for the lower NEER rate to float if they have to.
3-29-2022 Newshound Guru Militiaman Article: "The Minister of Finance, praising the “White Paper”..." The Finance Minister has his committee approved. He is praising the White Papers and the importance of them. The "Transformation into a New Era" should not be lost on anyone. They have been consistently telling us they are going to change the exchange rate and even one where it is to be back to a previous era. The era that supports a "Transformation into a New Era" is for Iraq to revert to an era that mirrors the need for NSCNs and fils. The previous program rate of 1190 or 1182 or 1166 don't and will not work with the NSCNs and fils. There is no data to support that that would be in the White Papers..
3-29-2022 Intel Guru MarkZ [via PDK] Based on people in Iraq - we still expect a new rate before April 4th. So within the next 5 days. Things are looking phenomenal right now.
3-29-2022 Newshound Guru Godlover Now, is the naming of the POR enough? Imo, no. I will look to the PM next to be elected. Will the POR & PM be enough? Doubtful imo. I suspect the cabinet will need to be seated prior to [what] we are all hoping for. With that said, I hope that the new POR &/or PM will send the budget to parliament to get that process going, during the completing of the GOI. Which as I said brings us to mid year-ish imo. Btw, my stance has never wavered. [Post 2 of 2]
3-29-2022 Newshound Guru Godlover Community comment: "...you do have a valid point [Little will get done until after Ramadan] but at some point patterns do get broken...There are a few articles that stated there is an urgency to pass the budget. Not sure if 3 months later...is urgency?? ...your opinion you said mid year, which to me is not logical..." The budget may very well be approved once the government is formed, in fact, I hope so. [Post 1 of 2....stay tuned]
3-29-2022 Newshound Guru Sandy Ingram ABC News Article: "Iraqi lawmakers fail to elect president for a second time" Iraq for the second time failed to elect a president on March 26...because most of the Iran-backed parliament members did not show up and therefore not enough members to have a legal vote. This is a major major news story all over the internet but we understand Iraq a little bit better than most and we know that Iraq will come when they are ready...
3-29-2022 Intel Guru MarkZ [via PDK] [Were your bankers wrong when they said today is the day?] We are going to see…We don’t know yet …They were certainly very hopeful that today is the day. They are all sitting on “Stand by” So I am not ruling it out yet. Upper echelon bankers hope its today...the window is between now and the 6th.
3-29-2022 Newshound Guru Pimpy Nothing, because the rate change had not happened yet. What do you think happened the next day after it was depreciated...? Nothing. That's what happened. How many people from Kuwait realized that the depreciation took place? Very few of them...most people wake up every day...they use the currency they have, they're not paying attention to what the exchange values are. In country the way they notice an exchange rate increase or decrease is by the cost of good and services... [Post 2 of 2]
3-29-2022 Newshound Guru Pimpy Sometimes countries will revalue their currencies from time to time. Most citizens won't even realize it...the only time you'll really recognize it is when you go to buy products and services. You'll see that either it went up in cost or went down in cost. This is from 2007 - Article: "Kuwait in surprise dinar devaluation" This happens in countries from time to time...guess what happened to the Kuwait people the day before this depreciation? What do you think think happened to their money? [Post 1 of 2....stay tuned]
3-29-2022 Intel Guru MarkZ [via PDK] I am still not 100% certain tomorrow [Tuesday] is our day…2 contacs from large International Banks think tomorrow will be the day everything starts…I am praying and hoping it is true...
3-29-2022 Intel Guru RVAlready Parliament getting dissolved would do nothing, and might give Maliki more of a majority. I am hoping if this is not resolved, the federal court will use extraordinary powers to appoint a new president of the republic, and he appoints a new PM. This might defeat Maliki and his friends.
3-29-2022 Intel Guru MarkZ [via PDK] Based on people in Iraq - we still expect a new rate before April 4th. So within the next 5 days. Things are looking phenomenal right now.
3-29-2022 Newshound Guru Godlover Now, is the naming of the POR enough? Imo, no. I will look to the PM next to be elected. Will the POR & PM be enough? Doubtful imo. I suspect the cabinet will need to be seated prior to [what] we are all hoping for. With that said, I hope that the new POR &/or PM will send the budget to parliament to get that process going, during the completing of the GOI. Which as I said brings us to mid year-ish imo. Btw, my stance has never wavered. [Post 2 of 2]
3-29-2022 Newshound Guru Godlover Community comment: "...you do have a valid point [Little will get done until after Ramadan] but at some point patterns do get broken...There are a few articles that stated there is an urgency to pass the budget. Not sure if 3 months later...is urgency?? ...your opinion you said mid year, which to me is not logical..." The budget may very well be approved once the government is formed, in fact, I hope so. [Post 1 of 2....stay tuned]
3-29-2022 Newshound Guru Sandy Ingram ABC News Article: "Iraqi lawmakers fail to elect president for a second time" Iraq for the second time failed to elect a president on March 26...because most of the Iran-backed parliament members did not show up and therefore not enough members to have a legal vote. This is a major major news story all over the internet but we understand Iraq a little bit better than most and we know that Iraq will come when they are ready...
3-29-2022 Intel Guru MarkZ [via PDK] [Were your bankers wrong when they said today is the day?] We are going to see…We don’t know yet …They were certainly very hopeful that today is the day. They are all sitting on “Stand by” So I am not ruling it out yet. Upper echelon bankers hope its today...the window is between now and the 6th.
3-29-2022 Newshound Guru Pimpy Nothing, because the rate change had not happened yet. What do you think happened the next day after it was depreciated...? Nothing. That's what happened. How many people from Kuwait realized that the depreciation took place? Very few of them...most people wake up every day...they use the currency they have, they're not paying attention to what the exchange values are. In country the way they notice an exchange rate increase or decrease is by the cost of good and services... [Post 2 of 2]
3-29-2022 Newshound Guru Pimpy Sometimes countries will revalue their currencies from time to time. Most citizens won't even realize it...the only time you'll really recognize it is when you go to buy products and services. You'll see that either it went up in cost or went down in cost. This is from 2007 - Article: "Kuwait in surprise dinar devaluation" This happens in countries from time to time...guess what happened to the Kuwait people the day before this depreciation? What do you think think happened to their money? [Post 1 of 2....stay tuned]
3-29-2022 Intel Guru MarkZ [via PDK] I am still not 100% certain tomorrow [Tuesday] is our day…2 contacs from large International Banks think tomorrow will be the day everything starts…I am praying and hoping it is true...
3-29-2022 Intel Guru RVAlready Parliament getting dissolved would do nothing, and might give Maliki more of a majority. I am hoping if this is not resolved, the federal court will use extraordinary powers to appoint a new president of the republic, and he appoints a new PM. This might defeat Maliki and his friends.
3-28-2022 Intel Guru MarkZ [via PDK] Iraq is still pushing to have a new value before April 4th. In a article today they state that the choosing a new president is not important to the white papers and the Monetary reform and they are continuing to push forward on returning the rate to a previous era…
3-28-2022 Newshound Guru Kaperoni Like I've been saying for many many years there is no RV. Only with the success of Iraq's economy can the dinar go up in value. There is no RV, there are no redemption centers, it's not how monetary policy works.
3-28-2022 Newshound Guru Pimpy I want them to reinstate the rate. I do. I'll take it. Heck I'll take half that amount...it's not that I don't support the $3.22 rate, of course I do. But my concern is if this isn't handled properly you could damage the economy and hurt the people more than you think and that would be long term...If I'm gonna benefit I hope all benefit especially the people in Iraq...
3-28-2022 Intel Guru MarkZ [via PDK] I am hearing from my banking contacts that they expect a full flow of dollars on Tuesday – TOMORROW …A full flow of not only bonds but also of currencies. This is coming from 2 large International banks...I am excited about that and really hope we see it. We have had so many false starts and I know you are all as frustrated as I am. Even if it’s not tomorrow…It does appear we are in the end of this.
3-28-2022 Newshound Guru MilitiaMan As for training on the NSCN's I have nothing to support that to be true personally, however, I like to believe that WSs [Guru Walkingstick] bank connections would have knowledge of said training...There is nothing to support that the project to delete the zeros is not moving forward and for Iraq to go "Transform To A New Era" . A new era would require the NSCNs to have been printed by now...In my view the wait should not be all that long from here to find out. [Post 2 of 2]
3-28-2022 Newshound Guru MilitiaMan [Response to Guru Godlover's NSCN & Bank Training post below.] Per my personal conversation with [Guru] Delta who reads Arabic, my personal conversation with Pompey Peter and his contacts that have seen the data printed in Arabic spreadsheet showed that the CBI spent tens of millions $ on printing new currency, not to mention the film of them destroying large 000s notes. [Post 1 of 2....stay tuned]
3-28-2022 Newshound Guru Godlover Security & stability will come from a new seated government. I do agree, as everyone likely does, that the NSCN's will not work with a program rate. I wish I could believe the NSCN's had been printed & the training has happened & continues, but I have not seen any evidence of this. Certainly the opening of the 2022 budget will prove one way or the other.
3-28-2022 Newshound Guru Sandy Ingram Iraq exported 15.43% of its oil to 6 European countries during the month of February. Turkey 9.1 MB, Italy 5.1 MB, Greece 4.25 MB, Netherlands 2.05 MB and France 1.01 MB... as investors in the Iraqi Dinar we are hopeful these oil relationships and transactions will continue regardless of the outcome of the disruption in Russia and the Ukraine...
3-28-2022 Newshound Guru Kaperoni Like I've been saying for many many years there is no RV. Only with the success of Iraq's economy can the dinar go up in value. There is no RV, there are no redemption centers, it's not how monetary policy works.
3-28-2022 Newshound Guru Pimpy I want them to reinstate the rate. I do. I'll take it. Heck I'll take half that amount...it's not that I don't support the $3.22 rate, of course I do. But my concern is if this isn't handled properly you could damage the economy and hurt the people more than you think and that would be long term...If I'm gonna benefit I hope all benefit especially the people in Iraq...
3-28-2022 Intel Guru MarkZ [via PDK] I am hearing from my banking contacts that they expect a full flow of dollars on Tuesday – TOMORROW …A full flow of not only bonds but also of currencies. This is coming from 2 large International banks...I am excited about that and really hope we see it. We have had so many false starts and I know you are all as frustrated as I am. Even if it’s not tomorrow…It does appear we are in the end of this.
3-28-2022 Newshound Guru MilitiaMan As for training on the NSCN's I have nothing to support that to be true personally, however, I like to believe that WSs [Guru Walkingstick] bank connections would have knowledge of said training...There is nothing to support that the project to delete the zeros is not moving forward and for Iraq to go "Transform To A New Era" . A new era would require the NSCNs to have been printed by now...In my view the wait should not be all that long from here to find out. [Post 2 of 2]
3-28-2022 Newshound Guru MilitiaMan [Response to Guru Godlover's NSCN & Bank Training post below.] Per my personal conversation with [Guru] Delta who reads Arabic, my personal conversation with Pompey Peter and his contacts that have seen the data printed in Arabic spreadsheet showed that the CBI spent tens of millions $ on printing new currency, not to mention the film of them destroying large 000s notes. [Post 1 of 2....stay tuned]
3-28-2022 Newshound Guru Godlover Security & stability will come from a new seated government. I do agree, as everyone likely does, that the NSCN's will not work with a program rate. I wish I could believe the NSCN's had been printed & the training has happened & continues, but I have not seen any evidence of this. Certainly the opening of the 2022 budget will prove one way or the other.
3-28-2022 Newshound Guru Sandy Ingram Iraq exported 15.43% of its oil to 6 European countries during the month of February. Turkey 9.1 MB, Italy 5.1 MB, Greece 4.25 MB, Netherlands 2.05 MB and France 1.01 MB... as investors in the Iraqi Dinar we are hopeful these oil relationships and transactions will continue regardless of the outcome of the disruption in Russia and the Ukraine...
3-27-2022 Newshound Guru Samson Article: "A legal expert clarifies the time period for choosing the President of the Republic and reveals the details of dissolving Parliament" Quote: "in the event that the new president of the republic is not chosen, the parliament’s presidency can postpone it until April 6 only. If we exceed this period...we will be facing an irresolvable failure, and Parliament may be dissolved...”
3-27-2022 Newshound/Intel Guru BGG ...some actual perspective might be in order for today. Iraq has just undergone a major electoral shift during these last early elections. It has trended towards a much more reformist, “for the people” agenda. The margins are very, very close. Some of the old guard in Parliament is holding on for dear life. It appears currently they [old guard] have just enough support to temporarily block the formation of this reformist government. I do not expect these obstructionist margins to sustain. They [Sadr and the reformist] will get this done… and isn’t that what everyone wants? Long term reforms in Iraq?
3-27-2022 Newshound Guru Militiaman Article: "In the names.. members of the Finance Committee after the parliament vote" ...The Finance Ministry (FM) side of the monetary reform process is looking to be ready to go with approved committee in place. I suspect that the CBI is has been ready, as well. It is the CBI and FM that need to work in conjunction with each other with respect to the exchange rate change back to a previous era that will usher them into a new era moving forward. One that brings purchasing power...
3-27-2022 Newshound Guru Clare "Iraq exports oil derivatives to the United States after banning Russian imports " Quote: "According to data from the Kepler research company, last year Russia's share of US fuel oil imports was just under half, and Mexico's share was 20% and the Middle East was about 5%. But preliminary data from the tanker-tracking "Refinitiv Icon" showed that Middle East supplies will make up at least 17% of US fuel oil purchases in April."
3-27-2022 Newshound/Intel Guru Mnt Goat The CBI has told me in the past and is still telling me that, when the time is ready, they will “openly” inform the world on this project to delete the zeros and “proudly” show it off...This is part of going Global, International.
3-27-2022 Newshound Guru Godlover Question: "Why do you assume they cant complete anything during Ramadan? Are there any articles to state this opinion?" Hence my opinion. Although I cannot prove my theory, because it is a theory, I have been in this from the very beginning & Ramadan is VERY sacred to them & very little is done during this holiday & I honestly expect nothing less. Furthermore, per a few previous articles, they were talking about expecting the budget around the time I had stated [Mid-year].
3-27-2022 Newshound/Intel Guru BGG ...some actual perspective might be in order for today. Iraq has just undergone a major electoral shift during these last early elections. It has trended towards a much more reformist, “for the people” agenda. The margins are very, very close. Some of the old guard in Parliament is holding on for dear life. It appears currently they [old guard] have just enough support to temporarily block the formation of this reformist government. I do not expect these obstructionist margins to sustain. They [Sadr and the reformist] will get this done… and isn’t that what everyone wants? Long term reforms in Iraq?
3-27-2022 Newshound Guru Militiaman Article: "In the names.. members of the Finance Committee after the parliament vote" ...The Finance Ministry (FM) side of the monetary reform process is looking to be ready to go with approved committee in place. I suspect that the CBI is has been ready, as well. It is the CBI and FM that need to work in conjunction with each other with respect to the exchange rate change back to a previous era that will usher them into a new era moving forward. One that brings purchasing power...
3-27-2022 Newshound Guru Clare "Iraq exports oil derivatives to the United States after banning Russian imports " Quote: "According to data from the Kepler research company, last year Russia's share of US fuel oil imports was just under half, and Mexico's share was 20% and the Middle East was about 5%. But preliminary data from the tanker-tracking "Refinitiv Icon" showed that Middle East supplies will make up at least 17% of US fuel oil purchases in April."
3-27-2022 Newshound/Intel Guru Mnt Goat The CBI has told me in the past and is still telling me that, when the time is ready, they will “openly” inform the world on this project to delete the zeros and “proudly” show it off...This is part of going Global, International.
3-27-2022 Newshound Guru Godlover Question: "Why do you assume they cant complete anything during Ramadan? Are there any articles to state this opinion?" Hence my opinion. Although I cannot prove my theory, because it is a theory, I have been in this from the very beginning & Ramadan is VERY sacred to them & very little is done during this holiday & I honestly expect nothing less. Furthermore, per a few previous articles, they were talking about expecting the budget around the time I had stated [Mid-year].
3-26-2022 Intel Guru MarkZ [via PDK] [is the dong still strong.] It does appear to be strong…and for those who may not know this. Vietnam is a major trading partner with Iraq, Vietnam holds a lot Iraqi dinar in its foreign reserves…and Iraq holds a lot of VND as well…I think there is very little chance that they won’t go at the same time. It would cause trade imbalances if they did not go at the same time.
3-26-2022 Newshound Guru Kirk H. Sowell So, no new president today with less than 220 MPs present. Halbusi sets next Wednesday, March 30, as the next date to hold a vote.
3-26-2022 Newshound Guru Pimpy We all want a reinstatement...I never said I didn't and I'll take that $3.22 rate...but we have to deal with the probabilities and how realistic it is. To me as long as it's going in a positive direction I'll take it...we are all trying to get to the same destination...there is still tons of talk about the exchange rate of the Iraqi dinar...there's a lot of internal arguments and disputes going on over the exchange rate.
3-26-2022 Newshound/Intel Guru David M. Witty Iraqi Parliament decides to delay election of new president of the republic and forming a new government until Monday...
3-26-2022 Intel Guru MarkZ [via PDK] in Iraq today…Parliament do not choose a President. They were 18 members short from being able to hold that vote. They have postponed it until Monday…But, what they did do today was enormous…one of the biggest pieces we have been waiting for…They announced the names and the members and officially put the finance committee together so they can execute the white papers…even though we did not get the President we were hoping for …we got something bigger…We got the Finance Committee. They announced them early this morning and then sat them. We have been waiting for this and now it is done. I was explained by someone inside of Iraq that is familiar with how the process works…that now they execute the white papers.
3-26-2022 Newshound Guru Clare Article: "The Iraqi parliament adjourned on Saturday its session to next Monday, after it failed to complete the quorum for the presidential election session."
3-26-2022 Intel Guru RVAlready ...They didn’t have a quorum. Vote moved to Wednesday.
3-26-2022 Newshound Guru Godlover Article: “Save a Homeland”: We have about 200 confirmations of attendance for the Saturday session, and we are waiting for changes within hours". This is a good article. Sounds promising that the POR will be named. Then I am looking at the PM & then his cabinet. Hopefully the budget will be sent to parliament during some of this process for reading & vote. I suspect not much, if anything will happen during Ramadan. Still hoping for the budget opening around mid year & God willing it has what we seek.
3-26-2022 Newshound Guru Clare Article: "Parliament sets the timing of the Saturday session and limits its agenda to electing a president for Iraq"
3-26-2022 Newshound/Intel Guru Mnt Goat ...remember two things about this revaluation: 1. Is it about what we are looking for or just back to the 1190 rate from the 1450 rate? 2. It must be preceded by the project to delete the zeros and so we must also get news of this project too at the same time. If we don’t, then they are not serious about giving us what we are looking for and just instead the same old, same old program rate adjustment... So, articles are needed telling us about the project and this will be a positive sign for us that we are getting very close...
3-26-2022 Newshound Guru Kirk H. Sowell So, no new president today with less than 220 MPs present. Halbusi sets next Wednesday, March 30, as the next date to hold a vote.
3-26-2022 Newshound Guru Pimpy We all want a reinstatement...I never said I didn't and I'll take that $3.22 rate...but we have to deal with the probabilities and how realistic it is. To me as long as it's going in a positive direction I'll take it...we are all trying to get to the same destination...there is still tons of talk about the exchange rate of the Iraqi dinar...there's a lot of internal arguments and disputes going on over the exchange rate.
3-26-2022 Newshound/Intel Guru David M. Witty Iraqi Parliament decides to delay election of new president of the republic and forming a new government until Monday...
3-26-2022 Intel Guru MarkZ [via PDK] in Iraq today…Parliament do not choose a President. They were 18 members short from being able to hold that vote. They have postponed it until Monday…But, what they did do today was enormous…one of the biggest pieces we have been waiting for…They announced the names and the members and officially put the finance committee together so they can execute the white papers…even though we did not get the President we were hoping for …we got something bigger…We got the Finance Committee. They announced them early this morning and then sat them. We have been waiting for this and now it is done. I was explained by someone inside of Iraq that is familiar with how the process works…that now they execute the white papers.
3-26-2022 Newshound Guru Clare Article: "The Iraqi parliament adjourned on Saturday its session to next Monday, after it failed to complete the quorum for the presidential election session."
3-26-2022 Intel Guru RVAlready ...They didn’t have a quorum. Vote moved to Wednesday.
3-26-2022 Newshound Guru Godlover Article: “Save a Homeland”: We have about 200 confirmations of attendance for the Saturday session, and we are waiting for changes within hours". This is a good article. Sounds promising that the POR will be named. Then I am looking at the PM & then his cabinet. Hopefully the budget will be sent to parliament during some of this process for reading & vote. I suspect not much, if anything will happen during Ramadan. Still hoping for the budget opening around mid year & God willing it has what we seek.
3-26-2022 Newshound Guru Clare Article: "Parliament sets the timing of the Saturday session and limits its agenda to electing a president for Iraq"
3-26-2022 Newshound/Intel Guru Mnt Goat ...remember two things about this revaluation: 1. Is it about what we are looking for or just back to the 1190 rate from the 1450 rate? 2. It must be preceded by the project to delete the zeros and so we must also get news of this project too at the same time. If we don’t, then they are not serious about giving us what we are looking for and just instead the same old, same old program rate adjustment... So, articles are needed telling us about the project and this will be a positive sign for us that we are getting very close...
3-25-2022 Intel Guru MarkZ [via PDK] If there is not enough votes to seat the President in Iraq tomorrow…If they do not have the Government Sat by the 6th of April …the existing government will just stay in charge…. They do believe they have enough votes to seat the government…some of my contacts are staying up late to watch...
3-25-2022 Newshound Guru Pimpy Are we gonna have the same issue that we did in 2019 [With the parliament vote for president and PM] - Every time a candidate is announced and then we get get shot down and it happens again, we get two new candidates. I remember that in 2019. Let's hope we don't go through it again...
3-25-2022 Intel Guru Bruce [via WiserNow] ...Now we always look into this thing in terms of delays...It’s not so much the delay...as it is more things need to be finished – more things to be done and then it can go – it’s really that simple...the schedules are already out to the redemption centers and we believe they will have a start probably on Tuesday – which we believe is going to be the day for notifications based on our best information right now and that would put us probably exchanging on Wednesday we believe...seems to be the case...
3-25-2022 Intel Guru MarkZ [via PDK] [if RV doesnt happen by April 2nd (Ramadan)…will we have to wait until May?] No…absolutely not…there has been speculation that they may choose to release it during Ramadan – on purpose…for the celebration of it…but no…Ramadan will not affect us in any way negatively….
3-25-2022 Guru Nader From The Mid East I think it's gonna take a little time. Some people said the rate is in the budget. I think it's a rate in the budget but I don't think where we want it to be. The problem is if they take the rate back to 160 we would be stuck for another 10 years because the IMF would not allow them to revaluate next year or a year later or two years from now, three years from now. That's the problem.
3-25-2022 Intel Guru MarkZ [via PDK] From Iraq today “Parliament reveals the time and the agenda of Saturday’s session” it appears they have enough people to seat the government now and are dedicated to doing it…Looks like it is still “on” for tomorrow. We are still expecting things to happen between now and the 4th of April.
3-25-2022 Newshound Guru Clare Article: "Al-Adari: Saturday's session will pave the way for the formation of a government by an Iraqi decision and will"
3-25-2022 Newshound Guru Pimpy I understand that an RI will be better [than a slower rate increase]...It's not that I don't want and RI. It's not that I think an RI wouldn't be better. It would. What I'm saying is realistically it's unlikely just because of the shock that it would put on the economy and it could damage the dinar itself as well as the economy. And you don't want that to happen.
3-25-2022 Intel Guru MarkZ [via PDK] any rates you see out there…are speculation…guesses. We will not know the exact rates until we are at the banks.
3-25-2022 Newshound/Intel Guru Mnt Goat ...I suspect that once the president is elected and the prime minister announced that we will see a breakout of the news once again on the revaluation...
3-25-2022 Newshound Guru Pimpy Are we gonna have the same issue that we did in 2019 [With the parliament vote for president and PM] - Every time a candidate is announced and then we get get shot down and it happens again, we get two new candidates. I remember that in 2019. Let's hope we don't go through it again...
3-25-2022 Intel Guru Bruce [via WiserNow] ...Now we always look into this thing in terms of delays...It’s not so much the delay...as it is more things need to be finished – more things to be done and then it can go – it’s really that simple...the schedules are already out to the redemption centers and we believe they will have a start probably on Tuesday – which we believe is going to be the day for notifications based on our best information right now and that would put us probably exchanging on Wednesday we believe...seems to be the case...
3-25-2022 Intel Guru MarkZ [via PDK] [if RV doesnt happen by April 2nd (Ramadan)…will we have to wait until May?] No…absolutely not…there has been speculation that they may choose to release it during Ramadan – on purpose…for the celebration of it…but no…Ramadan will not affect us in any way negatively….
3-25-2022 Guru Nader From The Mid East I think it's gonna take a little time. Some people said the rate is in the budget. I think it's a rate in the budget but I don't think where we want it to be. The problem is if they take the rate back to 160 we would be stuck for another 10 years because the IMF would not allow them to revaluate next year or a year later or two years from now, three years from now. That's the problem.
3-25-2022 Intel Guru MarkZ [via PDK] From Iraq today “Parliament reveals the time and the agenda of Saturday’s session” it appears they have enough people to seat the government now and are dedicated to doing it…Looks like it is still “on” for tomorrow. We are still expecting things to happen between now and the 4th of April.
3-25-2022 Newshound Guru Clare Article: "Al-Adari: Saturday's session will pave the way for the formation of a government by an Iraqi decision and will"
3-25-2022 Newshound Guru Pimpy I understand that an RI will be better [than a slower rate increase]...It's not that I don't want and RI. It's not that I think an RI wouldn't be better. It would. What I'm saying is realistically it's unlikely just because of the shock that it would put on the economy and it could damage the dinar itself as well as the economy. And you don't want that to happen.
3-25-2022 Intel Guru MarkZ [via PDK] any rates you see out there…are speculation…guesses. We will not know the exact rates until we are at the banks.
3-25-2022 Newshound/Intel Guru Mnt Goat ...I suspect that once the president is elected and the prime minister announced that we will see a breakout of the news once again on the revaluation...
3-24-2022 Newshound Guru Pimpy We got to get the government formed first before we could do anything about the budget getting passed and then we could start talking all over again about a possible rate change...
3-24-2022 Newshound Guru Sandy Ingram Article: "Export bottlenecks limit Iraq's oil production potential" Global markets need Iraq's oil but infrastructure issues are likely to prevent the country from taking full advantage of high prices...Iraq's oil fields have a combined production capability of over 5 million barrels per day...which is more than 500 million bpd higher than it's February output but because of insufficient storage and export facilities the country cannot deliver that much crude oil over what it's been delivering... [Excess demand is a fantastic problem to have.]
3-24-2022 Newshound Guru Clare Article: "Masoud Barzani and Al-Sadr exchange congratulations on the announcement of the largest bloc" Question: "Does this mean they have the votes to seat the government?" WE WILL FIND OUT ON SAT MAR. 26TH... IF THEY ACTUALLY DO VOTE, WHICH LOOKS LIKELY THAT THEY MEET THE QUORUM..IMO... IF THEY DON'T VOTE FOR SOME REASON THEY ONLY HAVE UNTIL APRIL 6TH...
3-24-2022 Intel Guru MarkZ [via PDK] ...we are being told out of Iraq that they may be a few politicians short and might not be able to seat the government on Saturday. I am told to not worry about that …It will have nothing to do with the lawsuit on April 4th.
3-24-2022 Guru Nader From The Mid East This Saturday they said they're gonna try to vote for the president which is I think it's not gonna happen. Ramadan is coming in a couple of days - by next month...they may work once a week in Ramadan. Like I told you before really disappointed. Really losing hope. Nothing is new. Nothing they do...I hope this Saturday they will vote for president.
3-24-2022 Newshound Guru Godlover ...Once a government is set, they will send the budget to parliament for readings & vote. Then once voted, the president has up to 15 days to sign the budget into law or it becomes law automatically. Depending on the new government & their priorities will determine how quickly the budget process will take...And God willing, the budget opens with what we all seek. Once the budget opens & begins money allocations from it, that will be what it is for the remainder of this year imo of course.
3-24-2022 Newshound Guru Pimpy We're finally moving forward with the government...once this government is formed let's get in there talk about the budget and don't be surprised if they start bringing up the exchange rate all over again...
3-24-2022 Newshound/Intel Guru Mnt Goat ...No, the RV has not taken place but...there is still potential. In fact, a huge amount of potential as the CBI still has it on their plan once a stable government is formed. So, this coming Saturday could be huge for us as we wait to see a breakthru, finally...
3-24-2022 Newshound Guru Sandy Ingram Article: "Export bottlenecks limit Iraq's oil production potential" Global markets need Iraq's oil but infrastructure issues are likely to prevent the country from taking full advantage of high prices...Iraq's oil fields have a combined production capability of over 5 million barrels per day...which is more than 500 million bpd higher than it's February output but because of insufficient storage and export facilities the country cannot deliver that much crude oil over what it's been delivering... [Excess demand is a fantastic problem to have.]
3-24-2022 Newshound Guru Clare Article: "Masoud Barzani and Al-Sadr exchange congratulations on the announcement of the largest bloc" Question: "Does this mean they have the votes to seat the government?" WE WILL FIND OUT ON SAT MAR. 26TH... IF THEY ACTUALLY DO VOTE, WHICH LOOKS LIKELY THAT THEY MEET THE QUORUM..IMO... IF THEY DON'T VOTE FOR SOME REASON THEY ONLY HAVE UNTIL APRIL 6TH...
3-24-2022 Intel Guru MarkZ [via PDK] ...we are being told out of Iraq that they may be a few politicians short and might not be able to seat the government on Saturday. I am told to not worry about that …It will have nothing to do with the lawsuit on April 4th.
3-24-2022 Guru Nader From The Mid East This Saturday they said they're gonna try to vote for the president which is I think it's not gonna happen. Ramadan is coming in a couple of days - by next month...they may work once a week in Ramadan. Like I told you before really disappointed. Really losing hope. Nothing is new. Nothing they do...I hope this Saturday they will vote for president.
3-24-2022 Newshound Guru Godlover ...Once a government is set, they will send the budget to parliament for readings & vote. Then once voted, the president has up to 15 days to sign the budget into law or it becomes law automatically. Depending on the new government & their priorities will determine how quickly the budget process will take...And God willing, the budget opens with what we all seek. Once the budget opens & begins money allocations from it, that will be what it is for the remainder of this year imo of course.
3-24-2022 Newshound Guru Pimpy We're finally moving forward with the government...once this government is formed let's get in there talk about the budget and don't be surprised if they start bringing up the exchange rate all over again...
3-24-2022 Newshound/Intel Guru Mnt Goat ...No, the RV has not taken place but...there is still potential. In fact, a huge amount of potential as the CBI still has it on their plan once a stable government is formed. So, this coming Saturday could be huge for us as we wait to see a breakthru, finally...
3-23-2022 Intel Guru RVAlready The end of the month is the end of a quarter. Shabibi said the RV would be easiest at the beginning of a quarter.
3-23-2022 Newshound Guru Pimpy Article "The United States intends to exempt Iraq from sanctions on Russian weapons" The United States it looks like is going exempt Iraq from having to honor sanctions against Russia and allow them to start buying weapons from Russia. Remember they're out of Chapter VII now. They have the right to start buying military weapons and start arming themselves and do what they need to do to protect their country.
3-23-2022 Intel Guru Holly ...We have been in this holding pattern for a long time. Once the damn breaks it will happen quickly. Iraq is to announce their president on Saturday. That should move things along for them as well
3-23-2022 Intel Guru Bruce ...the good news is that things are moving in the correct direction for us...Maybe – just maybe there’s a surprise for us in terms of or notifications and exchanges still this week – we just don’t have anything concrete that I can lay out for you to show you that right now...so let’s just keep an eye on it and see where that goes... I know we are very close...
3-23-2022 Newshound/Intel Guru Mnt Goat ...we have not heard almost anything on the project to delete the zeros. Why? I can tell you that just after the president is elected and the new prime minister is announced, we will then see a large number of articles once again on this topic and this is the BEST time ever to conduct this project...
3-23-2022 Newshound Guru Godlover Community Comment "I would not be surprised if nothing is settled on Saturday which is why they have until April 6th technically per constitution to settle this matter" I tend to agree to a point. I do kind of think they will make the quorum, just not actually resolve anything on the president & pm...I suspect imo they will recess until After Ramadan & Eid al fitr.
3-23-2022 Intel Guru MarkZ [via PDK] all eyes are on the 26th through the 4th….Most of my contacts in Iraq are squarely looking for the 28th .
3-23-2022 Newshound Guru Pimpy Article: "A Sadrist source reveals what all happen in the presidential election session" There you have it this Saturday we're supposed to have the president of Iraq selected and ready to rock and roll...
3-23-2022 Newshound Guru Samson Article: "Rare Iraqi coin sold for $39,000 in Britain” Quote: "...an Iraqi banknote of 100 dinars that was sold at an auction in London for 29,760 pounds, equivalent to 39,161 dollars...the rare coin was issued in 1942, and it contains a picture of King Faisal II when he was a child...it was purchased by a "collector of Iraqi banknotes and coins"
3-23-2022 Newshound Guru Pimpy Article "The United States intends to exempt Iraq from sanctions on Russian weapons" The United States it looks like is going exempt Iraq from having to honor sanctions against Russia and allow them to start buying weapons from Russia. Remember they're out of Chapter VII now. They have the right to start buying military weapons and start arming themselves and do what they need to do to protect their country.
3-23-2022 Intel Guru Holly ...We have been in this holding pattern for a long time. Once the damn breaks it will happen quickly. Iraq is to announce their president on Saturday. That should move things along for them as well
3-23-2022 Intel Guru Bruce ...the good news is that things are moving in the correct direction for us...Maybe – just maybe there’s a surprise for us in terms of or notifications and exchanges still this week – we just don’t have anything concrete that I can lay out for you to show you that right now...so let’s just keep an eye on it and see where that goes... I know we are very close...
3-23-2022 Newshound/Intel Guru Mnt Goat ...we have not heard almost anything on the project to delete the zeros. Why? I can tell you that just after the president is elected and the new prime minister is announced, we will then see a large number of articles once again on this topic and this is the BEST time ever to conduct this project...
3-23-2022 Newshound Guru Godlover Community Comment "I would not be surprised if nothing is settled on Saturday which is why they have until April 6th technically per constitution to settle this matter" I tend to agree to a point. I do kind of think they will make the quorum, just not actually resolve anything on the president & pm...I suspect imo they will recess until After Ramadan & Eid al fitr.
3-23-2022 Intel Guru MarkZ [via PDK] all eyes are on the 26th through the 4th….Most of my contacts in Iraq are squarely looking for the 28th .
3-23-2022 Newshound Guru Pimpy Article: "A Sadrist source reveals what all happen in the presidential election session" There you have it this Saturday we're supposed to have the president of Iraq selected and ready to rock and roll...
3-23-2022 Newshound Guru Samson Article: "Rare Iraqi coin sold for $39,000 in Britain” Quote: "...an Iraqi banknote of 100 dinars that was sold at an auction in London for 29,760 pounds, equivalent to 39,161 dollars...the rare coin was issued in 1942, and it contains a picture of King Faisal II when he was a child...it was purchased by a "collector of Iraqi banknotes and coins"
3-22-2022 Intel Guru MarkZ [via PDK] [Will redemption centers be set up to redeem Iraq currency in the US?] Absolutely…and I speak with those who helped set them up... I am told 90% of currency holders in the Us will have a redemption center within 60 miles of their house.
3-22-2022 Intel Guru RVAlready [For years we heard that the USA was in charge of the RV release, but now it appears that Iraq is in complete control. Right?] Since Iraq is out of chapter 7, this is pretty much in their hands.
3-22-2022 Newshound Guru Sandy Ingram Iraq's gold reserves increased to 96.42 tons in the 3rd quarter of 2021...
3-22-2022 Newshound/Intel Guru Mnt Goat ...This period of news evolves mostly around dealings in establishing a quorum in order to vote on the president in Saturday’s session 3/26... If the vote cannot be taken, the other options in the constitution are to dissolve the parliament and hold re-elections... We will have to wait to see what happens on Saturday...
3-22-2022 Intel Guru BobTheTaxMan For most people they sit in the fantasy world...you're gonna be rich! You're gonna have mansions! You're gonna have yachts...! Really you're going to be in a completely different world. Most people are not ready for that. They're not ready...80% of everything you'll ever do is in those three things [Roth IRA, Gifting assignment, C.R.U.T.]. That's it. Those are the ones that will save you the most money. Reduce those taxes. And put you in a spot where you can succeed. I've sang the song. I've sang the song. I've sang the song...don't wait. [NOTE: Consult your tax and financial advisors at the appropriate time for assistance in saving/paying the right amount of tax for your unique situation.]
3-22-2022 Intel Guru MarkZ [via PDK] Good article out today how they will seat the government on the 26th and how they have everything ready to go “A Sadrist source reveals what will happen in the presidential election session” I am told by my Iraqi contacts that somewhere between the 26th and the 4th is their target for a new rate. I am hearing possibly around the 28th…this is from sources over in the sandbox...
3-22-2022 Newshound Guru Pimpy It just looks like a hot mess over there...I keep hoping Sadr gets his way. I know he's fighting like heck to do so. People are starting to get impatient over there. They're talking about a serious uprising...we can't move forward with any kind of rate change - nothing's gonna happen - we have to have the government in place. You have to have the budget passed. They got to get their crap together is all it is...
3-22-2022 Newshound Guru Samson Article: "Al-Kazemi in a strong message to the political blocs: Be aware of the danger of inaction, and enough is enough for indulgence and laziness"
3-22-2022 Intel Guru RVAlready [For years we heard that the USA was in charge of the RV release, but now it appears that Iraq is in complete control. Right?] Since Iraq is out of chapter 7, this is pretty much in their hands.
3-22-2022 Newshound Guru Sandy Ingram Iraq's gold reserves increased to 96.42 tons in the 3rd quarter of 2021...
3-22-2022 Newshound/Intel Guru Mnt Goat ...This period of news evolves mostly around dealings in establishing a quorum in order to vote on the president in Saturday’s session 3/26... If the vote cannot be taken, the other options in the constitution are to dissolve the parliament and hold re-elections... We will have to wait to see what happens on Saturday...
3-22-2022 Intel Guru BobTheTaxMan For most people they sit in the fantasy world...you're gonna be rich! You're gonna have mansions! You're gonna have yachts...! Really you're going to be in a completely different world. Most people are not ready for that. They're not ready...80% of everything you'll ever do is in those three things [Roth IRA, Gifting assignment, C.R.U.T.]. That's it. Those are the ones that will save you the most money. Reduce those taxes. And put you in a spot where you can succeed. I've sang the song. I've sang the song. I've sang the song...don't wait. [NOTE: Consult your tax and financial advisors at the appropriate time for assistance in saving/paying the right amount of tax for your unique situation.]
3-22-2022 Intel Guru MarkZ [via PDK] Good article out today how they will seat the government on the 26th and how they have everything ready to go “A Sadrist source reveals what will happen in the presidential election session” I am told by my Iraqi contacts that somewhere between the 26th and the 4th is their target for a new rate. I am hearing possibly around the 28th…this is from sources over in the sandbox...
3-22-2022 Newshound Guru Pimpy It just looks like a hot mess over there...I keep hoping Sadr gets his way. I know he's fighting like heck to do so. People are starting to get impatient over there. They're talking about a serious uprising...we can't move forward with any kind of rate change - nothing's gonna happen - we have to have the government in place. You have to have the budget passed. They got to get their crap together is all it is...
3-22-2022 Newshound Guru Samson Article: "Al-Kazemi in a strong message to the political blocs: Be aware of the danger of inaction, and enough is enough for indulgence and laziness"
3-21-2022 Intel Guru MarkZ [via PDK] We were told long ago that the best time for them to launch this was between the hours of 11PM est to 2AM est…..We are always looking at those quiet hours in banking to launch this….so that still may be the best time to expect it to happen…between those hours.
3-21-2022 Newshound Guru Breitling You and I watch the markets and the political situation so we can determine whether Iraq is going to be able to add value to their currency. You guys they are that much closer.
3-21-2022 Newshound Guru MilitiaMan Article: "The Arab Monetary Fund organizes an extraordinary meeting of the high-level dialogue between the heads of the institutions of Regional Financing Arrangements and the International Monetary Fund" They clearly are gearing for GLOBAL TAXATION...USING CLIMATE CHANGE and the COV-19 Pandemic, as excuses to TAX the population of the GLOBE...Here is to a safe exit and let's hope and pray this synchronization they are doing is the finale needed to see the exchange rate of the Dinar changed. That may be all that is needed to be applied for the big day that appears to be upon us in short order...
3-21-2022 Newshound Guru Pimpy I'm feeling really confident, more confident than I was before that we're going to have the same government in there, except now we're going to have Sadr as the man behind the scenes...we're going to have Saleh as President and Al-Kazemi as Prime Minister. I do think that's a good combo.
3-21-2022 Intel Guru MarkZ [via PDK] Then we have the 26th…Iraq is saying they will have the president sat on or before March 26th. There is also the court case on April 4th …this is where they have to answer to the Supreme court over there if they do not have a new exchange rate or the old exchange rate re-instated by then…So it’s a big week for us to watch...the most logical time is between the 26th and the 4th….imo [post 2 of 2]
3-21-2022 Intel Guru MarkZ [via PDK] We have a week full of expectations… We...had articles coming out of the Iraqi Parliament that they have got to change the exchange rate…this was discussed again over the weekend on the major news outlets in Iraq. To re-establish the Pre-invasion of Kuwait rate [$3.22 ]…not the NEER (nominal effective exchange rate) of $1.50. So this was a big one this weekend... [post 1 of 2....stay tuned]
3-21-2022 Guru Nader From The Mid East I was in North Africa last week. I was in Tunisia. When you see Tunisia...their country have no assets. They have little oil, a little bit of gold, not even 5% or 7% of what Iraq has and their dinar is stronger than the Iraqi dinar...it bothers me a lot because when I see a country like that and I look at Iraq is rich - gold, silver, oil, phosphate - anything you need - it's a touristic country, a lot of history and they don't want to do nothing about it. That hurts...they keep talking...whatever is going to happen is going to happen...we gave up hope a little bit. [Post 2 of 2]
3-21-2022 Guru Nader From The Mid East There's not great news going on....I'm going to be straight with you. What's going on over here, we give up hope. I don't think it's gonna be any RV or RI or even 1160...they're taking their time in courts and all that...our government is not doing the right thing...We're still fighting about it but we can do nothing more...we're going to wait and see... [Post 1 of 2....stay tuned]
3-21-2022 Intel Guru RVAlready Parliament still talking rate, when they have nothing to do with it. Total political theatre.
3-21-2022 Newshound Guru Breitling You and I watch the markets and the political situation so we can determine whether Iraq is going to be able to add value to their currency. You guys they are that much closer.
3-21-2022 Newshound Guru MilitiaMan Article: "The Arab Monetary Fund organizes an extraordinary meeting of the high-level dialogue between the heads of the institutions of Regional Financing Arrangements and the International Monetary Fund" They clearly are gearing for GLOBAL TAXATION...USING CLIMATE CHANGE and the COV-19 Pandemic, as excuses to TAX the population of the GLOBE...Here is to a safe exit and let's hope and pray this synchronization they are doing is the finale needed to see the exchange rate of the Dinar changed. That may be all that is needed to be applied for the big day that appears to be upon us in short order...
3-21-2022 Newshound Guru Pimpy I'm feeling really confident, more confident than I was before that we're going to have the same government in there, except now we're going to have Sadr as the man behind the scenes...we're going to have Saleh as President and Al-Kazemi as Prime Minister. I do think that's a good combo.
3-21-2022 Intel Guru MarkZ [via PDK] Then we have the 26th…Iraq is saying they will have the president sat on or before March 26th. There is also the court case on April 4th …this is where they have to answer to the Supreme court over there if they do not have a new exchange rate or the old exchange rate re-instated by then…So it’s a big week for us to watch...the most logical time is between the 26th and the 4th….imo [post 2 of 2]
3-21-2022 Intel Guru MarkZ [via PDK] We have a week full of expectations… We...had articles coming out of the Iraqi Parliament that they have got to change the exchange rate…this was discussed again over the weekend on the major news outlets in Iraq. To re-establish the Pre-invasion of Kuwait rate [$3.22 ]…not the NEER (nominal effective exchange rate) of $1.50. So this was a big one this weekend... [post 1 of 2....stay tuned]
3-21-2022 Guru Nader From The Mid East I was in North Africa last week. I was in Tunisia. When you see Tunisia...their country have no assets. They have little oil, a little bit of gold, not even 5% or 7% of what Iraq has and their dinar is stronger than the Iraqi dinar...it bothers me a lot because when I see a country like that and I look at Iraq is rich - gold, silver, oil, phosphate - anything you need - it's a touristic country, a lot of history and they don't want to do nothing about it. That hurts...they keep talking...whatever is going to happen is going to happen...we gave up hope a little bit. [Post 2 of 2]
3-21-2022 Guru Nader From The Mid East There's not great news going on....I'm going to be straight with you. What's going on over here, we give up hope. I don't think it's gonna be any RV or RI or even 1160...they're taking their time in courts and all that...our government is not doing the right thing...We're still fighting about it but we can do nothing more...we're going to wait and see... [Post 1 of 2....stay tuned]
3-21-2022 Intel Guru RVAlready Parliament still talking rate, when they have nothing to do with it. Total political theatre.
3-20-2022 Newshound Guru Pimpy People are like, 'They're going to change the rate.' No. I already told you what some of the factors are. How are you going to change the rate if a government isn't even established. There's an election but there's no government. The budget hasn't been passed. There are a lot of other factors in there that need to be taken into consideration before you could talk about the exchange rate...
3-20-2022 Newshound Guru Godlover Article: "Al-Fath announces the filing of a lawsuit with the federal court regarding the exchange rates of the dollar" Quote: "there is a lawsuit submitted to the Federal Court, to restore the exchange rate to what it was, and we are waiting for a response from the Federal Court." I pray this is not accurate, however most of the articles on the exchange rate either state the same thing or imply it.
3-20-2022 Newshound Guru MilitiaMan The amounts of monies to be collected at the ports and borders will be staggering imo and will support far more than 1190 or even 1200. It will likely support an era of the Glory Days. They told us the worth of the Dinar in 2017 was worth $1.17 based off only oil. Add in the rest and inflation one should easily see that the REER will be a far cry over 1190. That will in the end be when the rate of 1190 or even 1460 is disregarded and rightfully so, by me. imo [Post 2 of 2]
3-20-2022 Newshound Guru MilitiaMan Question: "Would love your thoughts on all recent articles that refer to the previous rate..can you really disregard the rate in Dec.2020 before they lowered rate of Dinar...?" A previous era apparently denotes a start and end time of a significant event...The relatively recent period since they devalued has far less impact than the era that was considered the GLORY DAYS of roughly $3.22. Those days had a rate that was not under sanctions. Like now...as Chapter 7 has been lifted. Reverting back to program rate of 1190 would put them right back to a program rate and would likely not ever allow them into the international arena. [Post 1 of 2....stay tuned]
3-20-2022 Intel Guru BobTheTaxMan The only problem we have is - the thing that we don't know - Is this going to be a free-float or not? Because if it's going to free-float it's going to have a lot of volatility... [NOTE - Consult your informed financial advisors at the appropriate time to concoct a dinar exit strategy that is best for you and your unique circumstances]
3-20-2022 Intel Guru MarkZ Redemption center folks are not working this weekend…but got a heads up...they will be working on Monday. What most of my banking sources in Reno are hearing it is going to be early this week. That is what they are being told at this point.
3-20-2022 Newshound Guru Godlover Article: "Al-Fath announces the filing of a lawsuit with the federal court regarding the exchange rates of the dollar" Quote: "there is a lawsuit submitted to the Federal Court, to restore the exchange rate to what it was, and we are waiting for a response from the Federal Court." I pray this is not accurate, however most of the articles on the exchange rate either state the same thing or imply it.
3-20-2022 Newshound Guru MilitiaMan The amounts of monies to be collected at the ports and borders will be staggering imo and will support far more than 1190 or even 1200. It will likely support an era of the Glory Days. They told us the worth of the Dinar in 2017 was worth $1.17 based off only oil. Add in the rest and inflation one should easily see that the REER will be a far cry over 1190. That will in the end be when the rate of 1190 or even 1460 is disregarded and rightfully so, by me. imo [Post 2 of 2]
3-20-2022 Newshound Guru MilitiaMan Question: "Would love your thoughts on all recent articles that refer to the previous rate..can you really disregard the rate in Dec.2020 before they lowered rate of Dinar...?" A previous era apparently denotes a start and end time of a significant event...The relatively recent period since they devalued has far less impact than the era that was considered the GLORY DAYS of roughly $3.22. Those days had a rate that was not under sanctions. Like now...as Chapter 7 has been lifted. Reverting back to program rate of 1190 would put them right back to a program rate and would likely not ever allow them into the international arena. [Post 1 of 2....stay tuned]
3-20-2022 Intel Guru BobTheTaxMan The only problem we have is - the thing that we don't know - Is this going to be a free-float or not? Because if it's going to free-float it's going to have a lot of volatility... [NOTE - Consult your informed financial advisors at the appropriate time to concoct a dinar exit strategy that is best for you and your unique circumstances]
3-20-2022 Intel Guru MarkZ Redemption center folks are not working this weekend…but got a heads up...they will be working on Monday. What most of my banking sources in Reno are hearing it is going to be early this week. That is what they are being told at this point.
3-19-2022 Intel Guru MarkZ government is still looking to be sat over there before or on Mar. 26…There is a lawsuit on April 4th that will go through IF that exchange rate in Iraq has not been changed yet.
3-19-2022 Newshound/Intel Guru Mnt Goat ...the ongoing election saga continues between Maliki gang and the al-Sadr anti-corruption movement...in today’s news we are told they intend to hold the election for the president on March 26th, assign committees and even announce the prime minister...
3-19-2022 Newshound Guru Pimpy There was talk again of the exchange rate. Somebody said 'Pimpy man did you hear they want to change the rate to $4?' ...They sent me the article...the person said they want to change it to 4-4. No, no if you keep reading that's actually the date. It's April the 4th - Not they want to change the rate to $4...there's just more talk about the rate.
3-19-2022 Newshound Guru Godlover As far as the budget goes...I too don't expect a fully seated government until after Ramadan, as many articles have stated & the majority of the articles over the years have been proven more accurate than not. I am still wishful thinking the 2022 budget could be sent to parliament after president & pm are elected. Then in theory they could read & vote the budget into law during the cabinet formation/seating. Once the government is set...open the budget.
3-19-2022 Intel Guru MarkZ [via PDK] Article: "The representative of the National Nahj Alliance, Ahmed Al-Rubaie, confirmed today, Thursday, that there is a serious parliamentary tendency to restore the exchange rate to its previous era." Straight out of Iraq and their parliament about restoring the value of the dinar...That article came out Thursday…So, for all you folks that doubt anything is going on…this is a good one. We have seen an overwhelming amount of articles, paperwork, government filings out of Iraq as they push to get the exchange rate restored…lots of paperwork filed at the UN….
3-19-2022 Newshound Guru Samson Article: "It is the first in Iraq in 17 years...direct flights between Erbil and France"
3-19-2022 Newshound Guru MilitiaMan ... as Chapter 7 has been lifted. Reverting back to program rate of 1190 would...likely not ever allow them into the international arena...The amounts of monies to be collected at the ports and borders will be staggering imo and will support far more than 1190 or even 1200...They told us the worth of the Dinar in 2017 was...$1.17 based off only oil. Add in the rest and inflation one should easily see that the REER (Real Effective Exchange Rate) will be a far cry over 1190...It will likely support an era of the Glory Days... of roughly $3.22...
3-19-2022 Newshound/Intel Guru Mnt Goat Article: "THE MONETARY IMPACT OF THE DOLLAR SALE WINDOW" What they are essentially saying here is that you can’t just abolish the currency window (currency auctions) without looking at the full impact as to why they exist in the first place. So, as I have been saying, they can’t just stop the auctions without replacing them with the reinstatement, thus using the dinar and not the dollar for trade. But to do this must create a demand for the dinar.
3-19-2022 Newshound/Intel Guru Mnt Goat ...the ongoing election saga continues between Maliki gang and the al-Sadr anti-corruption movement...in today’s news we are told they intend to hold the election for the president on March 26th, assign committees and even announce the prime minister...
3-19-2022 Newshound Guru Pimpy There was talk again of the exchange rate. Somebody said 'Pimpy man did you hear they want to change the rate to $4?' ...They sent me the article...the person said they want to change it to 4-4. No, no if you keep reading that's actually the date. It's April the 4th - Not they want to change the rate to $4...there's just more talk about the rate.
3-19-2022 Newshound Guru Godlover As far as the budget goes...I too don't expect a fully seated government until after Ramadan, as many articles have stated & the majority of the articles over the years have been proven more accurate than not. I am still wishful thinking the 2022 budget could be sent to parliament after president & pm are elected. Then in theory they could read & vote the budget into law during the cabinet formation/seating. Once the government is set...open the budget.
3-19-2022 Intel Guru MarkZ [via PDK] Article: "The representative of the National Nahj Alliance, Ahmed Al-Rubaie, confirmed today, Thursday, that there is a serious parliamentary tendency to restore the exchange rate to its previous era." Straight out of Iraq and their parliament about restoring the value of the dinar...That article came out Thursday…So, for all you folks that doubt anything is going on…this is a good one. We have seen an overwhelming amount of articles, paperwork, government filings out of Iraq as they push to get the exchange rate restored…lots of paperwork filed at the UN….
3-19-2022 Newshound Guru Samson Article: "It is the first in Iraq in 17 years...direct flights between Erbil and France"
3-19-2022 Newshound Guru MilitiaMan ... as Chapter 7 has been lifted. Reverting back to program rate of 1190 would...likely not ever allow them into the international arena...The amounts of monies to be collected at the ports and borders will be staggering imo and will support far more than 1190 or even 1200...They told us the worth of the Dinar in 2017 was...$1.17 based off only oil. Add in the rest and inflation one should easily see that the REER (Real Effective Exchange Rate) will be a far cry over 1190...It will likely support an era of the Glory Days... of roughly $3.22...
3-19-2022 Newshound/Intel Guru Mnt Goat Article: "THE MONETARY IMPACT OF THE DOLLAR SALE WINDOW" What they are essentially saying here is that you can’t just abolish the currency window (currency auctions) without looking at the full impact as to why they exist in the first place. So, as I have been saying, they can’t just stop the auctions without replacing them with the reinstatement, thus using the dinar and not the dollar for trade. But to do this must create a demand for the dinar.
3-18-2022 *** Dinar Guru Community Update *** Yesterday Guru Frank26 had an emergency surgery. It was a long and difficult one. He's recovering, talking, interacting and soon will be walking as he gains his strength. Keep him in your thoughts and prayers as he recovers over the coming days. I'm sure it's a bright spot in his day knowing the entire dinar community is wishing him well and a speedy recovery! The latest guru posts will continue below...
3-18-2022 Intel Guru BobTheTaxMan You need time to be able to figure out how what it's like to be in a world where you have money - Where your mindset is completely different than looking at your paycheck-to-paycheck-to-paycheck - Where it's a different world. You've heard me say, you're gonna want to talk to 6 CPA's, 6 financial planners, 6 attorneys. Why? I have an insane reason behind it. It's going to slow you down. You need to have the time to adjust...
3-18-2022 Intel Guru Bruce [via WiserNow] ...I was very disappointed today to hear that we were NOT going to be notified today or tomorrow [Friday] - as I had heard previously...I want it to happen just like all of you do...Everything seems like it’s coming together and is ready to go...so let’s see what happens...
3-18-2022 Newshound Guru Kaperoni the talk on the dinar [In the news articles etc] has nothing to do with a RV or significantly raising the value. The only talk is to restore it to the rate of 1170 which will not happen at this time.
3-18-2022 Newshound Guru Breitling People are like how can Iraq back up their own currency? They've never had a problem... backing their currency up. That's never been the problem. The problem is who will accept the Iraqi currency. And how do you convert the Iraqi currency to the U.S. dollar and go through the Swift system and then convert it to whatever country they are doing business with to get the products they need...Remember every time you go through the Swift system you have to convert it back to the American dollar...
3-18-2022 Intel Guru MarkZ [via PDK] Iraq has not changed…all eyes there are on between now and the 26th…they do have a number of frozen assets in Iraq because there has not yet been a rate change. International agencies are pushing them hard to go ahead and pull that trigger and change that rate…buckle up guys…I feel we are in the last days of this….
3-18-2022 Newshound Guru Pimpy I want to trust the experts out there are doing the right thing. If they're saying we cannot do it right now [RV/RI/Rate change] because it's not the right time I want to trust that their judgment is correct and they have the Iraqi people in mind when they're doing the work...
3-18-2022 Newshound/Intel Guru Mnt Goat Article: "GOLD RESERVES IN IRAQ’S VAULTS ARE MORE THAN 96 TONS" Article Quote: “the gold reserves in Iraq amount to 96.4 tons,” noting that “Iraq is located in the international gold reserve arrangement in sequence 37." This ranking is very good considering over 250 countries world wide. Again more wealth so where is the true rate of the true value of the currency?...
3-18-2022 Newshound Guru MilitiaMan The IMF has been active in giving support for a rate change. A reasonable one. With pricing of goods going up and extremely fast...
3-18-2022 Intel Guru Bruce [via WiserNow] ...I was very disappointed today to hear that we were NOT going to be notified today or tomorrow [Friday] - as I had heard previously...I want it to happen just like all of you do...Everything seems like it’s coming together and is ready to go...so let’s see what happens...
3-18-2022 Newshound Guru Kaperoni the talk on the dinar [In the news articles etc] has nothing to do with a RV or significantly raising the value. The only talk is to restore it to the rate of 1170 which will not happen at this time.
3-18-2022 Newshound Guru Breitling People are like how can Iraq back up their own currency? They've never had a problem... backing their currency up. That's never been the problem. The problem is who will accept the Iraqi currency. And how do you convert the Iraqi currency to the U.S. dollar and go through the Swift system and then convert it to whatever country they are doing business with to get the products they need...Remember every time you go through the Swift system you have to convert it back to the American dollar...
3-18-2022 Intel Guru MarkZ [via PDK] Iraq has not changed…all eyes there are on between now and the 26th…they do have a number of frozen assets in Iraq because there has not yet been a rate change. International agencies are pushing them hard to go ahead and pull that trigger and change that rate…buckle up guys…I feel we are in the last days of this….
3-18-2022 Newshound Guru Pimpy I want to trust the experts out there are doing the right thing. If they're saying we cannot do it right now [RV/RI/Rate change] because it's not the right time I want to trust that their judgment is correct and they have the Iraqi people in mind when they're doing the work...
3-18-2022 Newshound/Intel Guru Mnt Goat Article: "GOLD RESERVES IN IRAQ’S VAULTS ARE MORE THAN 96 TONS" Article Quote: “the gold reserves in Iraq amount to 96.4 tons,” noting that “Iraq is located in the international gold reserve arrangement in sequence 37." This ranking is very good considering over 250 countries world wide. Again more wealth so where is the true rate of the true value of the currency?...
3-18-2022 Newshound Guru MilitiaMan The IMF has been active in giving support for a rate change. A reasonable one. With pricing of goods going up and extremely fast...
3-17-2022 *** Dinar Guru Community Update *** Guru Frank26 is undergoing emergency surgery this morning. He has been struggling with health issues yet continues to keep the community updated with his intel and analysis. He's a real trooper. Keep him in your thoughts and prayers as he undergoes and recovers from this operation. The latest guru posts will continue below...
3-17-2022 Newshound Guru Breitling Iraq is going to benefit from this [Russian situation] in more ways than one. We are going to cut Russian oil off and these countries that were buying oil are going to spool up. They are going to be making even more money.
3-17-2022 Newshound Guru Godlover What has been worrying me for a while is, yes they have been talking about the exchange rate a lot, only they are talking about the previous rate. The Kurds, oil & gas law & maybe one or two other issues I see needs to be resolved...I am just not seeing anything clear cut for what we seek, it is the opposite. Furthermore the government formation which is needed, is still going to take some time. As I had stated prior many times, the WP is not only economic reforms, but government reforms & the later comes first. I had hoped government reforms aka new government seatings would happen quickly, but reality is setting in.
3-17-2022 Intel Guru MarkZ [via PDK] [Mark what do you mean when you say bank screens are showing $4 for dong?] Bank screens on different currencies…Even though rates are locked, values fluctuate...I have 2 different bankers that have told me they are seeing $4 rates…this could just be a place holder. Most bankers believe the rate will be around $2.25 to $2.30.
3-17-2022 Newshound Guru Pimpy Community comment: "I think they will change the rate because they want to. I'm very practical." I don't think they can just change it just because they want to. There's a lot of other factors involved. So be a lot more practical...I don't think there's an issue at the moment other than the fact that it appears that Al-Kazemi's administration wanted to make absolutely sure that they fixed the wrongs of the past and get Iraq back on track...
3-17-2022 Intel Guru BobTheTaxMan ...It's getting closer not getting farther away. When we take a look at oil prices...and when we take a look at the fact that Kuwait has been paid off, when we take a look at that now the competition that we were having inside of Iraq for, 'Gee, do we lean toward Russia? Lean toward China? Lean toward the U.S.?' Well duh! That's taken care of. Everything is aligning itself to the point to yes things are moving forward...
3-17-2022 Newshound Guru Samson Article: "Al-Halbousi announces the date of the presidential election session" Quote: “It was decided to set Saturday, March 26, as the date for the parliament session to elect the president of the republic.”
3-17-2022 Newshound Guru Godlover What has been worrying me for a while is, yes they have been talking about the exchange rate a lot, only they are talking about the previous rate. The Kurds, oil & gas law & maybe one or two other issues I see needs to be resolved...I am just not seeing anything clear cut for what we seek, it is the opposite. Furthermore the government formation which is needed, is still going to take some time. As I had stated prior many times, the WP is not only economic reforms, but government reforms & the later comes first. I had hoped government reforms aka new government seatings would happen quickly, but reality is setting in.
3-17-2022 Intel Guru MarkZ [via PDK] [Mark what do you mean when you say bank screens are showing $4 for dong?] Bank screens on different currencies…Even though rates are locked, values fluctuate...I have 2 different bankers that have told me they are seeing $4 rates…this could just be a place holder. Most bankers believe the rate will be around $2.25 to $2.30.
3-17-2022 Newshound Guru Pimpy Community comment: "I think they will change the rate because they want to. I'm very practical." I don't think they can just change it just because they want to. There's a lot of other factors involved. So be a lot more practical...I don't think there's an issue at the moment other than the fact that it appears that Al-Kazemi's administration wanted to make absolutely sure that they fixed the wrongs of the past and get Iraq back on track...
3-17-2022 Intel Guru BobTheTaxMan ...It's getting closer not getting farther away. When we take a look at oil prices...and when we take a look at the fact that Kuwait has been paid off, when we take a look at that now the competition that we were having inside of Iraq for, 'Gee, do we lean toward Russia? Lean toward China? Lean toward the U.S.?' Well duh! That's taken care of. Everything is aligning itself to the point to yes things are moving forward...
3-17-2022 Newshound Guru Samson Article: "Al-Halbousi announces the date of the presidential election session" Quote: “It was decided to set Saturday, March 26, as the date for the parliament session to elect the president of the republic.”
3-16-2022 Newshound Guru Godlover [Response to Guru Militiaman 3-16-2022 below] "They had allocated millions for the printing of the new notes". Yes I agree, especially coming from one such as [Guru] Delta. Of course that does not tell us they have been printed yet. And per articles, articles that have most often been proven accurate, state they have not been printed yet. God willing they soon will be, just calling it as I see it per articles. I am still hopeful for this budget to have what we all seek, but staying grounded is extremely important.
3-16-2022 Intel Guru Bruce [via WiserNow] I was really fully expecting to be notified today [Tuesday] and we had a time and everything – but it did NOT occur – so we’re back on a kind of restart...there are a lot of things still happening behind the scenes – it’s just the information that we had did not pan out today but could very well pan out for tomorrow [Wednesday]...
3-16-2022 Intel Guru MarkZ [via PDK] [...is this ever going to happen?] it absolutely is going to…the question is “when”?? …I think late March/early April... Noone knows the exact timing…but based on what we are seeing…the seating of the Iraq government on March 26th…the court case on April 4th…I think they have to get it done before then….
3-16-2022 Newshound Guru MilitiaMan [Guru] Delta showed us the data from the CBI that showed they had allocated millions of dollars for the printing of new notes...The sanctions are lifted from Chapter VII with all payments paid up to Kuwait. They are opening international banks abroad. So, All these efforts are all showing me there is massive progress in a very complex environment that has new technologies involved that will help facilitate the new digital transformation before them and us. [Post 2 of 2]
3-16-2022 Newshound Guru MilitiaMan There are always things that seem to be popping up that were not expected. We didn't realize there was ever going to be automation at the borders. We never knew there would be an interlinking with the CBI and E-Government with three major entities of the government, done and linked. The CBI told us they have done that quite some time ago. [Post 1 of 2....stay tuned]
3-16-2022 Intel Guru Frank26 Everyone in the political arena of Iraq wants this to happen. Everyone knows that it's happening.
3-16-2022 Intel Guru Fleming ...the word from many...including Ministers in Iraq when asked about their postponement on the IQD exchange rate, is...Everything is handled. The RV GCR will officially happen before the end of March. Maybe today. We’re not waiting. This game is about ended...
3-16-2022 Intel Guru Bruce [via WiserNow] I was really fully expecting to be notified today [Tuesday] and we had a time and everything – but it did NOT occur – so we’re back on a kind of restart...there are a lot of things still happening behind the scenes – it’s just the information that we had did not pan out today but could very well pan out for tomorrow [Wednesday]...
3-16-2022 Intel Guru MarkZ [via PDK] [...is this ever going to happen?] it absolutely is going to…the question is “when”?? …I think late March/early April... Noone knows the exact timing…but based on what we are seeing…the seating of the Iraq government on March 26th…the court case on April 4th…I think they have to get it done before then….
3-16-2022 Newshound Guru MilitiaMan [Guru] Delta showed us the data from the CBI that showed they had allocated millions of dollars for the printing of new notes...The sanctions are lifted from Chapter VII with all payments paid up to Kuwait. They are opening international banks abroad. So, All these efforts are all showing me there is massive progress in a very complex environment that has new technologies involved that will help facilitate the new digital transformation before them and us. [Post 2 of 2]
3-16-2022 Newshound Guru MilitiaMan There are always things that seem to be popping up that were not expected. We didn't realize there was ever going to be automation at the borders. We never knew there would be an interlinking with the CBI and E-Government with three major entities of the government, done and linked. The CBI told us they have done that quite some time ago. [Post 1 of 2....stay tuned]
3-16-2022 Intel Guru Frank26 Everyone in the political arena of Iraq wants this to happen. Everyone knows that it's happening.
3-16-2022 Intel Guru Fleming ...the word from many...including Ministers in Iraq when asked about their postponement on the IQD exchange rate, is...Everything is handled. The RV GCR will officially happen before the end of March. Maybe today. We’re not waiting. This game is about ended...
3-15-2022 Intel Guru MarkZ [via PDK] They are planning on seating their gov. on the 26th…and seem very confident they will do so on the 26th. ...a slow day in the RV world....Hopefully the quiet before the storm. ...I do not know the timing…I do know it’s a “when” and now an “if”...
3-15-2022 Newshound Guru Sandy Ingram New York Times Article: "Iraqi minister says high oil prices, if they last, could speed the shift to E.V.s" As investors you want to be aware of shifts and trends that could become commonplace...those flip-flopping short-wearing genius geeks in Silicon Valley have been working on a way to eliminate dependency on foreign oil. Iraq sees the shift coming...this is brewing in the background...
3-15-2022 Newshound Guru Breitling Russia...what's that have to do with Iraq? Iraq is kinda in the middle of it. They don't want to do business with one side or the other. They want to do business with both sides. They don't want to offend one side or the other. But that's over with. They want west. They want the U.S. dollar...they want to be able to do business with countries attached to the dollar. They don't want to do business with counties attached to the Russian Ruble...that's an easy choice for Iraq.
3-15-2022 Intel Guru MarkZ [via PDK] [I wonder how much is Iraq losing daily with a weak dinar and high oil?] I have not done the math but believe it is hundreds of millions of dollars they are losing daily by the dinar being so weak. They desperately need this to change.
3-15-2022 Newshound Guru Pimpy Community comment: "The RV is a hoax." Here's the thing when people say the RV is a hoax, the comment itself doesn't make sense. You have to explain why it is that you think it's a hoax because the RV is not a hoax. We actually saw an RV take place in December of 2020. They RV'ed the dinar. They went ahead and depreciated it...so you can't say the RV is a hoax. The RV happens.
3-15-202 Newshound Guru Clare [Response to Godlover 3-15-2022 post below] NSCN'S ARE ALREADY PRINTED & WAITING LIKE EVERYTHING ELSE... TO BE REVEALED AT THE PROPER TIME...WS [Guru Walkingstick] TOLD US THAT THE TRAINING WAS ALL FINISHED PERIOD. THERE IS A LOT THAT GOES ON BEHIND THE SCENES THAT WE ARE NOT PRIVIY TO. NOT ONE OF US IMO.
3-15-2022 Intel Guru MarkZ [via PDK] ...Article from Iraq: “The federal court postpones the lawsuit to raise the price of the dollar until 4/4” I am being told by my sources that this was postponed on purpose because they expect the RV to have been completed, small denomination bills released and everything done…by April 4th. Thus negating the need for it. That is what I am hearing...I am feeling pretty confident we will have been to the bank and be done before April 4th.
3-15-2022 Newshound Guru Godlover The articles speaking of the exchange rate appear to be talking of the previous rate. It's a concern because the oil & gas law is an ongoing issue that I feel needs resolved prior to what we all seek. I am not sure where we stand on the investment law, I am pretty sure this still needs to be resolved. Per articles the NSCN's need to be printed, if this is the case, which I think is likely, then that will be another lengthy process...
3-15-2022 Newshound Guru MilitiaMan ...their efforts are about to be given to the citizens proportionately. The pressure has been mounting and I bet the GOI is feeling the heat on many front. Lets see how the handle the new GOI. Will it be seated in the coming days? We shall see...
3-15-2022 Intel Guru Bob Locke When contacts are extremely quiet…big things are happening…things are definitely moving.
3-15-2022 Newshound Guru Sandy Ingram New York Times Article: "Iraqi minister says high oil prices, if they last, could speed the shift to E.V.s" As investors you want to be aware of shifts and trends that could become commonplace...those flip-flopping short-wearing genius geeks in Silicon Valley have been working on a way to eliminate dependency on foreign oil. Iraq sees the shift coming...this is brewing in the background...
3-15-2022 Newshound Guru Breitling Russia...what's that have to do with Iraq? Iraq is kinda in the middle of it. They don't want to do business with one side or the other. They want to do business with both sides. They don't want to offend one side or the other. But that's over with. They want west. They want the U.S. dollar...they want to be able to do business with countries attached to the dollar. They don't want to do business with counties attached to the Russian Ruble...that's an easy choice for Iraq.
3-15-2022 Intel Guru MarkZ [via PDK] [I wonder how much is Iraq losing daily with a weak dinar and high oil?] I have not done the math but believe it is hundreds of millions of dollars they are losing daily by the dinar being so weak. They desperately need this to change.
3-15-2022 Newshound Guru Pimpy Community comment: "The RV is a hoax." Here's the thing when people say the RV is a hoax, the comment itself doesn't make sense. You have to explain why it is that you think it's a hoax because the RV is not a hoax. We actually saw an RV take place in December of 2020. They RV'ed the dinar. They went ahead and depreciated it...so you can't say the RV is a hoax. The RV happens.
3-15-202 Newshound Guru Clare [Response to Godlover 3-15-2022 post below] NSCN'S ARE ALREADY PRINTED & WAITING LIKE EVERYTHING ELSE... TO BE REVEALED AT THE PROPER TIME...WS [Guru Walkingstick] TOLD US THAT THE TRAINING WAS ALL FINISHED PERIOD. THERE IS A LOT THAT GOES ON BEHIND THE SCENES THAT WE ARE NOT PRIVIY TO. NOT ONE OF US IMO.
3-15-2022 Intel Guru MarkZ [via PDK] ...Article from Iraq: “The federal court postpones the lawsuit to raise the price of the dollar until 4/4” I am being told by my sources that this was postponed on purpose because they expect the RV to have been completed, small denomination bills released and everything done…by April 4th. Thus negating the need for it. That is what I am hearing...I am feeling pretty confident we will have been to the bank and be done before April 4th.
3-15-2022 Newshound Guru Godlover The articles speaking of the exchange rate appear to be talking of the previous rate. It's a concern because the oil & gas law is an ongoing issue that I feel needs resolved prior to what we all seek. I am not sure where we stand on the investment law, I am pretty sure this still needs to be resolved. Per articles the NSCN's need to be printed, if this is the case, which I think is likely, then that will be another lengthy process...
3-15-2022 Newshound Guru MilitiaMan ...their efforts are about to be given to the citizens proportionately. The pressure has been mounting and I bet the GOI is feeling the heat on many front. Lets see how the handle the new GOI. Will it be seated in the coming days? We shall see...
3-15-2022 Intel Guru Bob Locke When contacts are extremely quiet…big things are happening…things are definitely moving.
3-14-2022 Intel Guru MarkZ [via PDK] This article has a lot of folks concerned..."The Federal court postpones the lawsuit to raise the price of the dollar to 4/4” This has me feeling very good right now. I am told – not by Iraqi sources but, by sources here in the US that this is when they expect to be done. I am being told that they expect that we have finished...redemptions before then. Keep in mind that it may take 3 weeks to a month to get us all in and done…so they have to start this quickly if they are going to meet that timeline. So I am hearing that they plan on having the overwhelming majority of us in and out so that they can release the “international Rate” by or before April 4th.
3-14-2022 Newshound Guru Pimpy I know you guys are waiting for the big payday and I told you IMO I thought it was gonna get there but just not overnight. I doesn't mean I'm right. It doesn't mean I'm wrong. I'm just saying you're gonna see it go up in increments. How much? I don't know. But Sadr is pretty serious about dealing with this exchange rate issue...
3-14-2022 Newshound Guru MilitiaMan Article: "Al-Faw port .. Funding is enough for September and a government step to overcome the budget delay" The mention of the a difference in exchange rates is very interesting...The budget is in Dinars but the contract is in Dollars. The large difference in amounts after changing the exchange rate between each other is by recalculating costs. So they have a new system in place to account for the differences...if there are any delays, then they are all set with the new system to take over. ...The new system when the ...exchange rate changes...will calculate the differences in the exchange rates. Sounds like they have it set up for a seamless change over. All good to go imo...
3-14-2022 Newshound Guru Samson Article: "The Federal Court postpones the lawsuit to raise the price of the dollar to 4/4"
3-14-2022 Newshound Guru Godlover ...There are still many unresolved issues...I do not believe the NSCN's [New Small Category Notes] have been printed yet per a recent article & I do not believe the NSCN training has happened yet.
3-14-2022 Newshound Guru Sandy Ingram There may never be a so-called revalue only a substantial increase in the IQD value against the U.S. dollar.
3-14-2022 Intel Guru MarkZ [via PDK] I do not know if the Iranian strike in Iraq has caused any type of delay or not. I have been unable to get a response from my 2 best contacts on the ground in Iraq...Hope to find out if we are still on track…the goal in Iraq was for today…
3-14-2022 Newshound Guru Breitling Believe it or not what you're seeing with Ukraine is helping that. The United States is more inclined to have Iraq comply. Do you know why? Because right now there is a competition...The west is trying to confirm who is with us. Iraq wants to be part of the American western system. End of story. Any country that says they want to be part of the Russian system is because Russian has their proxies in power in those countries. [Post 2 of 2]
3-14-2022 Newshound Guru Breitling It's always about what markets are they [Iraq] going to be involved with. Always. Once they add value to the Iraqi dinar how can they participate in those markets? Who's going to be able to accept it? That's why you're watching Iraq go through all these banking laws - setting it up so it complies with the west...they're restricted on what they can buy...They're still going to sell oil in U.S. dollars but they're going to back their own currency up with U.S. dollars and their currency will be unrestricted. [Post 1 of 2....stay tuned]
3-14-2022 Newshound Guru Pimpy Community Sentiment: "It was so easy to devalue, why can't they just revalue?" It's not 'revaluing' we're looking for. I think what everybody's really wanting is the reinstatement of the old rate of $3.22. There's a difference between a revaluation and a reinstatement...I'd rather them take their time and do it 100% the right way so that it doesn't fall back down...
3-14-2022 Newshound Guru MilitiaMan At some point Iraq may be in the AMF basket of currencies (Arab Monetary Fund)...the AMFs way of calculating the exchange rate...shows me that there is a strong probability that the IQD will be strong in pricing going forward. The fact they have massive oil deposits, massive Sulphur deposits, massive of revenues to come from customs, fees, taxes, tariffs, tourism, etc., will support the valuation the IQD far better today, then the past 10-15 years...
3-14-2022 Newshound Guru Pimpy I know you guys are waiting for the big payday and I told you IMO I thought it was gonna get there but just not overnight. I doesn't mean I'm right. It doesn't mean I'm wrong. I'm just saying you're gonna see it go up in increments. How much? I don't know. But Sadr is pretty serious about dealing with this exchange rate issue...
3-14-2022 Newshound Guru MilitiaMan Article: "Al-Faw port .. Funding is enough for September and a government step to overcome the budget delay" The mention of the a difference in exchange rates is very interesting...The budget is in Dinars but the contract is in Dollars. The large difference in amounts after changing the exchange rate between each other is by recalculating costs. So they have a new system in place to account for the differences...if there are any delays, then they are all set with the new system to take over. ...The new system when the ...exchange rate changes...will calculate the differences in the exchange rates. Sounds like they have it set up for a seamless change over. All good to go imo...
3-14-2022 Newshound Guru Samson Article: "The Federal Court postpones the lawsuit to raise the price of the dollar to 4/4"
3-14-2022 Newshound Guru Godlover ...There are still many unresolved issues...I do not believe the NSCN's [New Small Category Notes] have been printed yet per a recent article & I do not believe the NSCN training has happened yet.
3-14-2022 Newshound Guru Sandy Ingram There may never be a so-called revalue only a substantial increase in the IQD value against the U.S. dollar.
3-14-2022 Intel Guru MarkZ [via PDK] I do not know if the Iranian strike in Iraq has caused any type of delay or not. I have been unable to get a response from my 2 best contacts on the ground in Iraq...Hope to find out if we are still on track…the goal in Iraq was for today…
3-14-2022 Newshound Guru Breitling Believe it or not what you're seeing with Ukraine is helping that. The United States is more inclined to have Iraq comply. Do you know why? Because right now there is a competition...The west is trying to confirm who is with us. Iraq wants to be part of the American western system. End of story. Any country that says they want to be part of the Russian system is because Russian has their proxies in power in those countries. [Post 2 of 2]
3-14-2022 Newshound Guru Breitling It's always about what markets are they [Iraq] going to be involved with. Always. Once they add value to the Iraqi dinar how can they participate in those markets? Who's going to be able to accept it? That's why you're watching Iraq go through all these banking laws - setting it up so it complies with the west...they're restricted on what they can buy...They're still going to sell oil in U.S. dollars but they're going to back their own currency up with U.S. dollars and their currency will be unrestricted. [Post 1 of 2....stay tuned]
3-14-2022 Newshound Guru Pimpy Community Sentiment: "It was so easy to devalue, why can't they just revalue?" It's not 'revaluing' we're looking for. I think what everybody's really wanting is the reinstatement of the old rate of $3.22. There's a difference between a revaluation and a reinstatement...I'd rather them take their time and do it 100% the right way so that it doesn't fall back down...
3-14-2022 Newshound Guru MilitiaMan At some point Iraq may be in the AMF basket of currencies (Arab Monetary Fund)...the AMFs way of calculating the exchange rate...shows me that there is a strong probability that the IQD will be strong in pricing going forward. The fact they have massive oil deposits, massive Sulphur deposits, massive of revenues to come from customs, fees, taxes, tariffs, tourism, etc., will support the valuation the IQD far better today, then the past 10-15 years...
3-13-2022 Newshound Guru Pimpy I still think it's going to be in increments. There's a part of me that still feels like there is going to be a change to the rate in this budget. A small one, not major. I think they're going to go back to the original. I'd like to see better but Iraq has come a long way over the...last year and a half especially...Don't give up hope... Newbies you didn't have to go through the emotional rollercoaster...
3-13-2022 Newshound Guru MilitiaMan Article: "Al-Sadr outlines the formation of the new Iraqi government". There is the fire under his behind.. Sadr is all for getting the ball rolling with the GOI and the Exchange Rate.
3-13-2022 Newshound Guru Kaperoni [People think] Iraq is going to RV when they pass the 2022 budget. LOL. The only talk is to bring it back to what it was 12 months ago but that depends on the growth and success with their own economy.
3-13-2022 Intel Guru Frank26 Everyone in the public arena of Iraq wants to jump on the 'I am the hero' train. That's the problem with parliament and everybody wants to toot their horns. Whens the last time you've seen Sadr come out and say we need a new exchange rate and tell the citizens of Iraq that with his political and religious power he can bring this forth? Just a few weeks ago.
3-13-2022 Newshound Guru Pimpy What is the probability that this [reinstatement] will happen? It's not very high because of all the different factors that feed into the reinstatement of the Iraqi dinar. But as far as the revaluing, if they could just stay out of trouble and continue to move forward like they have been and start rebuilding that country and focusing on the people there's great hope that you'll see an RV happen more than one time and eventually it'll get up there to where we would like it to be that's for sure.
3-13-2022 Newshound Guru Clare Article: "A statement from the Finance regarding raising the value of the Iraqi dinar" Quote: "...on March 14, the Federal Supreme Court will host Allawi and the Governor of the Central Bank of Iraq, following a lawsuit demanding the strengthening of the dinar."
3-13-2022 Newshound Guru Samson Article: "What Is Required From The Federal General Budget For 2022" Quote: "In previous budgets, all budgets were item budgets, completely copying the ones that preceded them, with one thing changing, which is the price of a barrel, which will be the basis for calculating the volume of spending and the deficit and therefore the amount of money that is borrowed. Except last year, the budget included something else, which is the exchange rate of the US dollar against Iraqi dinar."
3-13-2022 Intel Guru MarkZ [via PDK] [After they change their rate. How long after do we go?] I hear we are immediate…right after they change the rate.
3-13-2022 Newshound Guru MilitiaMan Article: "Al-Sadr outlines the formation of the new Iraqi government". There is the fire under his behind.. Sadr is all for getting the ball rolling with the GOI and the Exchange Rate.
3-13-2022 Newshound Guru Kaperoni [People think] Iraq is going to RV when they pass the 2022 budget. LOL. The only talk is to bring it back to what it was 12 months ago but that depends on the growth and success with their own economy.
3-13-2022 Intel Guru Frank26 Everyone in the public arena of Iraq wants to jump on the 'I am the hero' train. That's the problem with parliament and everybody wants to toot their horns. Whens the last time you've seen Sadr come out and say we need a new exchange rate and tell the citizens of Iraq that with his political and religious power he can bring this forth? Just a few weeks ago.
3-13-2022 Newshound Guru Pimpy What is the probability that this [reinstatement] will happen? It's not very high because of all the different factors that feed into the reinstatement of the Iraqi dinar. But as far as the revaluing, if they could just stay out of trouble and continue to move forward like they have been and start rebuilding that country and focusing on the people there's great hope that you'll see an RV happen more than one time and eventually it'll get up there to where we would like it to be that's for sure.
3-13-2022 Newshound Guru Clare Article: "A statement from the Finance regarding raising the value of the Iraqi dinar" Quote: "...on March 14, the Federal Supreme Court will host Allawi and the Governor of the Central Bank of Iraq, following a lawsuit demanding the strengthening of the dinar."
3-13-2022 Newshound Guru Samson Article: "What Is Required From The Federal General Budget For 2022" Quote: "In previous budgets, all budgets were item budgets, completely copying the ones that preceded them, with one thing changing, which is the price of a barrel, which will be the basis for calculating the volume of spending and the deficit and therefore the amount of money that is borrowed. Except last year, the budget included something else, which is the exchange rate of the US dollar against Iraqi dinar."
3-13-2022 Intel Guru MarkZ [via PDK] [After they change their rate. How long after do we go?] I hear we are immediate…right after they change the rate.
3-12-2022 Newshound Guru Adam Montana Article: "Mosul Bank selects CR2 to Accelerate Digital Banking" Quote: "Mosul Bank has selected Irish-based CR2, one of the world's leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market." COMMUNITY COMMENT: All for a worthless currency, LOL. ADAM: currently worthless.
3-12-2022 Intel Guru MarkZ [via PDK] So what do we know from their own news…. 1. they are seating the government so they can address the exchange rate. 2. They want it sat before Monday so they can address the exchange rate on Monday. So all their leadership is coming together in one place so they can change their exchange rate. So there is absolutely things happening.
3-12-2022 Newshound Guru MilitiaMan there is a convergence of thing that may have symbiotic relationship overall. But, the fact is the FM (GOI) is about the legality of the finance side of reforms and the CBI has the exchange rate side of things. It is the CBI that will change the rate. The FM will have the laws in place for the implementation of that rate once issued.
3-12-2022 Newshound Guru Pimpy Question "How do I know if my dinar is not counterfeit?" ...be very careful about buying anything on Amazon or anything on eBay. There's always a risk involved there. If you buy it off a legitimate currency exchange they're going to guarantee it so that's something to think about...security features...on the dinar that you could look for - there's a watermark mark that has a horse head. If you hold I up [to the light] there should be horse head. If you use an ultraviolet light...it will glow the denomination's value. You have a color changing symbol. There are all kinds of things you could look on the dinar to make sure that it's legitimate...
3-12-2022 Newshound Guru Samson Article: "The role of the Federal Court in deciding the issue of raising the price of the dollar ignites a legal dispute" Quote: "The dispute over restoring the price of the dollar to its previous era ignited a legal dispute..."
3-12-2022 Intel Guru MarkZ [via PDK] I am still hearing positive things... In Iraq the Political Elites are meeting today to move forward and to seat that government…they have agreed to sit down and pound this out today no matter what. …also an article talking about the value of the dinar being a point of contention with which sides are trying to score political points. They are going to host the finance minister to address the exchange rate... On March 14th they are also going to host the Governor of the central Bank of Iraq to work through this…there is also a lawsuit to force them to do what they are supposed to do which is increase the value of the dinar...
3-12-2022 Newshound Guru Sandy Ingram Article: "Chamisa Says Zibabwe Will Reintroduce U.S. Dollar If Elected President" Moving to Zimbabwe for a really quick moment. Zimbabwe has an election coming up in 2023 and one of the candidates has already promised to reinstate the U.S. dollar as the currency if he wins...
3-12-2022 Newshound Guru Pimpy You know the restrictions are removed [off the Iraq, the CBI and the dinar] when you can go into your favorite bank that sells and buys currencies and you could walk in and buy the Iraqi dinars or sell your dinars.
3-12-2022 Intel Guru Bruce [via WiserNow] We are hearing that this is supposed to be the weekend of all weekends – We’re hearing that the golden gates are to be flung open this weekend...we’ve got 5 different sources weighing in on this – and couple of them are in agreement that it’s very possible that our notifications could come out as early as Saturday or Sunday...However...the lead bank is saying notifications to us – they’re hearing from a call they were on today – notifications Monday – exchanges starting Tuesday...I am sorry if it’s a little vague – but that is what I’m getting...Let's see what happens.
3-12-2022 Intel Guru MarkZ [via PDK] So what do we know from their own news…. 1. they are seating the government so they can address the exchange rate. 2. They want it sat before Monday so they can address the exchange rate on Monday. So all their leadership is coming together in one place so they can change their exchange rate. So there is absolutely things happening.
3-12-2022 Newshound Guru MilitiaMan there is a convergence of thing that may have symbiotic relationship overall. But, the fact is the FM (GOI) is about the legality of the finance side of reforms and the CBI has the exchange rate side of things. It is the CBI that will change the rate. The FM will have the laws in place for the implementation of that rate once issued.
3-12-2022 Newshound Guru Pimpy Question "How do I know if my dinar is not counterfeit?" ...be very careful about buying anything on Amazon or anything on eBay. There's always a risk involved there. If you buy it off a legitimate currency exchange they're going to guarantee it so that's something to think about...security features...on the dinar that you could look for - there's a watermark mark that has a horse head. If you hold I up [to the light] there should be horse head. If you use an ultraviolet light...it will glow the denomination's value. You have a color changing symbol. There are all kinds of things you could look on the dinar to make sure that it's legitimate...
3-12-2022 Newshound Guru Samson Article: "The role of the Federal Court in deciding the issue of raising the price of the dollar ignites a legal dispute" Quote: "The dispute over restoring the price of the dollar to its previous era ignited a legal dispute..."
3-12-2022 Intel Guru MarkZ [via PDK] I am still hearing positive things... In Iraq the Political Elites are meeting today to move forward and to seat that government…they have agreed to sit down and pound this out today no matter what. …also an article talking about the value of the dinar being a point of contention with which sides are trying to score political points. They are going to host the finance minister to address the exchange rate... On March 14th they are also going to host the Governor of the central Bank of Iraq to work through this…there is also a lawsuit to force them to do what they are supposed to do which is increase the value of the dinar...
3-12-2022 Newshound Guru Sandy Ingram Article: "Chamisa Says Zibabwe Will Reintroduce U.S. Dollar If Elected President" Moving to Zimbabwe for a really quick moment. Zimbabwe has an election coming up in 2023 and one of the candidates has already promised to reinstate the U.S. dollar as the currency if he wins...
3-12-2022 Newshound Guru Pimpy You know the restrictions are removed [off the Iraq, the CBI and the dinar] when you can go into your favorite bank that sells and buys currencies and you could walk in and buy the Iraqi dinars or sell your dinars.
3-12-2022 Intel Guru Bruce [via WiserNow] We are hearing that this is supposed to be the weekend of all weekends – We’re hearing that the golden gates are to be flung open this weekend...we’ve got 5 different sources weighing in on this – and couple of them are in agreement that it’s very possible that our notifications could come out as early as Saturday or Sunday...However...the lead bank is saying notifications to us – they’re hearing from a call they were on today – notifications Monday – exchanges starting Tuesday...I am sorry if it’s a little vague – but that is what I’m getting...Let's see what happens.
3-11-2022 Intel Guru MarkZ [via PDK] ...in Iraq today the conversations are about seating the government on Monday and a reinstatement of the rate... So everything still appears to be moving forward...I am being told the NEER (Nominal Effective Exchange Rate) rate is for in country. ($1-$1.50) and is still in the works…so that is great news for us. It may be forcing the culmination of this event.
3-11-2022 Newshound/Intel Gurus Walkingstick and Frank26 The CBI governor is a figurehead...nothing more. He has no authority. He has no power. He's actually a 'yes man'. He pushes buttons once he's told what to do...the governor pulls the trigger when he is told to...in control but not the authority of the actions of the CBI. When the governor of the CBI speaks it's with the knowing and the permission and the authority of the board of directors of the CBI...this thing is on course like a guided missile.
3-11-2022 Newshound Guru Pimpy Like I said before a lot of countries are holding the Iraqi dinar in its reserves. What I really want to know is how many of those dollars are in the hands of the public because it could be a number that's low enough that they could afford a rate change. [Post 2 of 2]
3-11-2022 Newshound Guru Pimpy We know that 55 trillion dinars were printed. If 55 trillion were still around, there's no way you could do a rate change because even for a dollar Iraq doesn't have 55 trillion dollars...what you needed to do was somehow-someway reduce the amount of currency that was in circulation. We know that happened. The rumor is 72% of the currency has been destroyed...if 72% of the 55 trillion was truly destroyed they're still sitting at somewhere around 13 trillion dollars. That's still a lot. [Post 1 of 2....stay tuned]
3-11-2022 Newshound Guru Godlover Question: "Did the 2021 passed budget ever get opened?" yes it was opened. They are currently using the 1/12 system. Basically going month to month off of the previous years budget, until the 2022 budget is passed & opened.
3-11-2022 Intel Guru MarkZ [via PDK] In Iraq they are still looking for between now and the 20th to have their government sat…and the NEER rate (Nominal Effective Exchange Rate)...Redemption center folks, as of this morning are still being told they are working this weekend...I absolutely believe the RV has started. It just has not trickled down to us yet.
3-11-2022 Intel Guru Frank26 Kazemi and Mustafa they get with the IMF and they say...the face value of the IQD will be on par with the face value of 1 to 1 unless oil says differently...
3-11-2022 Newshound Guru MilitiaMan Article: "Communications participates in the workshop on Iraq’s accession to the World Trade Organization" The need for a reset to the exchange rate will come prior to ascension...This is not the first we have heard of this. This the final workshop? We shall see.. imo Likely it is... imo.
3-11-2022 Newshound/Intel Guru Mnt Goat ...The news about the Iraqi dinar is still all about changing the exchange rate...they know they have to complete the project to delete the zeros and reinstate the dinar back to the global currency exchanges and let the market drive it. ...I will tell you when they do...the money shall flow into Iraq...the IMF just had a briefing with the government of Iraq and told them what they still needed to do. They need to back their currency or it may flop when they do reinstate it. ...I still want to emphasize that the rate is being artificially suppressed as the value has been in the currency all along. Just the oil revenues alone can sustain at least a $3+ rate...
3-11-2022 Intel Guru MarkZ [via PDK] When people ask me what is different now…then before…We have never had articles about the exchange rate like we have now…Or UN filed statements and documentation that they have met all of their obligations now to reinstate their currency…or news clips from Kuwait stating Iraq has finished all of their payments. …it is so much different now than it has ever been in the past. So for all of those saying its groundhog day and nothing is changing…just look…there is so much changing. It has changed dramatically.
3-11-2022 Newshound/Intel Gurus Walkingstick and Frank26 The CBI governor is a figurehead...nothing more. He has no authority. He has no power. He's actually a 'yes man'. He pushes buttons once he's told what to do...the governor pulls the trigger when he is told to...in control but not the authority of the actions of the CBI. When the governor of the CBI speaks it's with the knowing and the permission and the authority of the board of directors of the CBI...this thing is on course like a guided missile.
3-11-2022 Newshound Guru Pimpy Like I said before a lot of countries are holding the Iraqi dinar in its reserves. What I really want to know is how many of those dollars are in the hands of the public because it could be a number that's low enough that they could afford a rate change. [Post 2 of 2]
3-11-2022 Newshound Guru Pimpy We know that 55 trillion dinars were printed. If 55 trillion were still around, there's no way you could do a rate change because even for a dollar Iraq doesn't have 55 trillion dollars...what you needed to do was somehow-someway reduce the amount of currency that was in circulation. We know that happened. The rumor is 72% of the currency has been destroyed...if 72% of the 55 trillion was truly destroyed they're still sitting at somewhere around 13 trillion dollars. That's still a lot. [Post 1 of 2....stay tuned]
3-11-2022 Newshound Guru Godlover Question: "Did the 2021 passed budget ever get opened?" yes it was opened. They are currently using the 1/12 system. Basically going month to month off of the previous years budget, until the 2022 budget is passed & opened.
3-11-2022 Intel Guru MarkZ [via PDK] In Iraq they are still looking for between now and the 20th to have their government sat…and the NEER rate (Nominal Effective Exchange Rate)...Redemption center folks, as of this morning are still being told they are working this weekend...I absolutely believe the RV has started. It just has not trickled down to us yet.
3-11-2022 Intel Guru Frank26 Kazemi and Mustafa they get with the IMF and they say...the face value of the IQD will be on par with the face value of 1 to 1 unless oil says differently...
3-11-2022 Newshound Guru MilitiaMan Article: "Communications participates in the workshop on Iraq’s accession to the World Trade Organization" The need for a reset to the exchange rate will come prior to ascension...This is not the first we have heard of this. This the final workshop? We shall see.. imo Likely it is... imo.
3-11-2022 Newshound/Intel Guru Mnt Goat ...The news about the Iraqi dinar is still all about changing the exchange rate...they know they have to complete the project to delete the zeros and reinstate the dinar back to the global currency exchanges and let the market drive it. ...I will tell you when they do...the money shall flow into Iraq...the IMF just had a briefing with the government of Iraq and told them what they still needed to do. They need to back their currency or it may flop when they do reinstate it. ...I still want to emphasize that the rate is being artificially suppressed as the value has been in the currency all along. Just the oil revenues alone can sustain at least a $3+ rate...
3-11-2022 Intel Guru MarkZ [via PDK] When people ask me what is different now…then before…We have never had articles about the exchange rate like we have now…Or UN filed statements and documentation that they have met all of their obligations now to reinstate their currency…or news clips from Kuwait stating Iraq has finished all of their payments. …it is so much different now than it has ever been in the past. So for all of those saying its groundhog day and nothing is changing…just look…there is so much changing. It has changed dramatically.
3-10-2022 Newshound Guru Pimpy The exchange is not going to happen between us and Iraq. It's going to be us and our banks. Then our countries would deal with the exchange with Iraq...I could see them just holding on to the dinar and building up the foreign reserves especially if the Iraqi dinar increases in value. Reserves would be a lot more valuable... Sadr is looking into this rate change. He gave his proposals...it looks like he's serious about keeping his campaign promise. We're going to see the rate change in a positive direction for the Iraqi dinar. But don't get overly excited, we need to figure out at what level is Sadr talking about.
3-10-2022 Newshound/Intel Gurus Walkingstick and Frank26 How is it we have an explosion of an economic reform inside of Iraq right now and I still don't see the new exchange rate? I still don't see the new currency? How's it that we have an economic reform without the monetary reform yet? ...Because Iraq is filthy rich...Iraq wants to go international...but it required a lot of things and all those things are done. There's no restrictions on their currency... we read constantly that a change to both the rate and the currency is coming...
3-10-2022 Newshound Guru Sandy Ingram Article: "US strikes harder at Putin, banning all Russian oil imports". This is excellent news for Iraq and OPEC who will need to provide more oil.
3-10-2022 Intel Guru Fleming All the news that we’re getting out of there [Iraq] is saying the same thing...over and over again for the last couple of weeks, ...about the dollar 50 that’s...going to be the in-country rate...They were going to put on the Forex and then let it just go and float to see how high it’ll go...The central bank does not answer to the government and the government does not answer to the central bank. So we’re sitting here waiting for somebody...to step up and say, we’re going now...the IMF has already given them permission. They’ve already got to go to go. They’re sovereign...
3-10-2022 Newshound Guru Godlover Community Comment: "Sure seem to me that all the HOOPLA about the fantastically low auctions have quickly disappeared..." You have been around for a while & should have known the high numbers would be back. It’s funny how either the same day or the day after there was an article that stated it was the first auction ever that was below a million…which of course was completely false. At one time I had documented many auctions below a million & many even at 0 sales. In fact there was a span of several weeks back in 2020 I believe that many were below a million & had many members including myself getting a little excited. Now I know better...
3-10-2022 Newshound Guru Samson Article: "Oil prices exceed $132 per barrel for the first time in 14 years"
3-10-2022 Intel Guru Frank26 The key in the monetary reform right now, what matters most in the next step of the monetary reform is the face value of the Iraqi dinar versus the American 'worthless' dollar. It is par value that the CBI seeks. The par value is the purchasing value for the citizens themselves. It is also the face value that also Kazemi and Mustafa seek because that is a 1 to 1 with the Iraqi Dinar being on par with the American dollar.
3-10-2022 Intel Guru MarkZ [via PDK] It looks like they are not going to seat the new government of Iraq until the 20th now. They are also coming out with confusing articles. The confusing articles are exactly what we saw in Kuwait before they RV’d...
3-10-2022 Newshound/Intel Guru Petra Because, Freedom of Capital Movement comes with full compliance and the currency, whether NEER or REER has yet to be established closing the loop on Full Article 8 compliance! Who would invest funds knowing they could "disappear"... NOBODY! So, Iraq, all the discussions are great, but...until investors and secondary market players KNOW their money is going exactly where it was intended and IMF protocols are followed to the law! Get your house in order and the countries you have met with will return....with the checkbook!!! [Post 2 of 2]
3-10-2022 Newshound/Intel Guru Petra Article: "Iraq invites French companies to implement projects in Baghdad" Myriads of countries have "aligned" themselves with business opportunities in Iraq...yet, to my knowledge, nobody is jumping in with both feet...Why? Because Iraq...have not made the commitment...to establish full Article 8 compliance. Yes, they are using Article 8 tools, but until they formally adopt full and final efforts in being Article 8 all such discussions are cordial and friendly but no money is being ingested into the country. [Post 1 of 2....stay tuned]
3-10-2022 Newshound Guru Pimpy Do I believe that the $3.22 rate can be reinstated? My answer is and always has been yes, it's possible but unlikely. I'm not saying it won't happen...it's possible but unlikely...in order for them to allow the economy and businesses to adjust it's going to have to go up in increments...
3-10-2022 Newshound Guru Militiaman ...To me the rate will proceed the GOI seating or at the same time, as they’ll need the new exchange rate to vote on for the HCL and to interlink the borders internally and externally.. imo.. The GOI should already be fully aware of all of this, and not play ignorant. When they do even the experts call them out on the matter.. It is show time..imo!!
3-10-2022 Intel Guru MarkZ [via PDK] I am hearing from the banking side that they do not expect the NEER Nominal effective exchange rate. They think that perhaps that is what they will do in country, but because of the oil for dinar program we should still get a higher rate... I am told that our rate should still be unaffected if Iraq goes with the $1.50 NEER rate. A $4.81 rate would be great.
3-10-2022 Newshound/Intel Gurus Walkingstick and Frank26 How is it we have an explosion of an economic reform inside of Iraq right now and I still don't see the new exchange rate? I still don't see the new currency? How's it that we have an economic reform without the monetary reform yet? ...Because Iraq is filthy rich...Iraq wants to go international...but it required a lot of things and all those things are done. There's no restrictions on their currency... we read constantly that a change to both the rate and the currency is coming...
3-10-2022 Newshound Guru Sandy Ingram Article: "US strikes harder at Putin, banning all Russian oil imports". This is excellent news for Iraq and OPEC who will need to provide more oil.
3-10-2022 Intel Guru Fleming All the news that we’re getting out of there [Iraq] is saying the same thing...over and over again for the last couple of weeks, ...about the dollar 50 that’s...going to be the in-country rate...They were going to put on the Forex and then let it just go and float to see how high it’ll go...The central bank does not answer to the government and the government does not answer to the central bank. So we’re sitting here waiting for somebody...to step up and say, we’re going now...the IMF has already given them permission. They’ve already got to go to go. They’re sovereign...
3-10-2022 Newshound Guru Godlover Community Comment: "Sure seem to me that all the HOOPLA about the fantastically low auctions have quickly disappeared..." You have been around for a while & should have known the high numbers would be back. It’s funny how either the same day or the day after there was an article that stated it was the first auction ever that was below a million…which of course was completely false. At one time I had documented many auctions below a million & many even at 0 sales. In fact there was a span of several weeks back in 2020 I believe that many were below a million & had many members including myself getting a little excited. Now I know better...
3-10-2022 Newshound Guru Samson Article: "Oil prices exceed $132 per barrel for the first time in 14 years"
3-10-2022 Intel Guru Frank26 The key in the monetary reform right now, what matters most in the next step of the monetary reform is the face value of the Iraqi dinar versus the American 'worthless' dollar. It is par value that the CBI seeks. The par value is the purchasing value for the citizens themselves. It is also the face value that also Kazemi and Mustafa seek because that is a 1 to 1 with the Iraqi Dinar being on par with the American dollar.
3-10-2022 Intel Guru MarkZ [via PDK] It looks like they are not going to seat the new government of Iraq until the 20th now. They are also coming out with confusing articles. The confusing articles are exactly what we saw in Kuwait before they RV’d...
3-10-2022 Newshound/Intel Guru Petra Because, Freedom of Capital Movement comes with full compliance and the currency, whether NEER or REER has yet to be established closing the loop on Full Article 8 compliance! Who would invest funds knowing they could "disappear"... NOBODY! So, Iraq, all the discussions are great, but...until investors and secondary market players KNOW their money is going exactly where it was intended and IMF protocols are followed to the law! Get your house in order and the countries you have met with will return....with the checkbook!!! [Post 2 of 2]
3-10-2022 Newshound/Intel Guru Petra Article: "Iraq invites French companies to implement projects in Baghdad" Myriads of countries have "aligned" themselves with business opportunities in Iraq...yet, to my knowledge, nobody is jumping in with both feet...Why? Because Iraq...have not made the commitment...to establish full Article 8 compliance. Yes, they are using Article 8 tools, but until they formally adopt full and final efforts in being Article 8 all such discussions are cordial and friendly but no money is being ingested into the country. [Post 1 of 2....stay tuned]
3-10-2022 Newshound Guru Pimpy Do I believe that the $3.22 rate can be reinstated? My answer is and always has been yes, it's possible but unlikely. I'm not saying it won't happen...it's possible but unlikely...in order for them to allow the economy and businesses to adjust it's going to have to go up in increments...
3-10-2022 Newshound Guru Militiaman ...To me the rate will proceed the GOI seating or at the same time, as they’ll need the new exchange rate to vote on for the HCL and to interlink the borders internally and externally.. imo.. The GOI should already be fully aware of all of this, and not play ignorant. When they do even the experts call them out on the matter.. It is show time..imo!!
3-10-2022 Intel Guru MarkZ [via PDK] I am hearing from the banking side that they do not expect the NEER Nominal effective exchange rate. They think that perhaps that is what they will do in country, but because of the oil for dinar program we should still get a higher rate... I am told that our rate should still be unaffected if Iraq goes with the $1.50 NEER rate. A $4.81 rate would be great.
3-9-2022 Newshound Guru Pimpy I was happy about all the discussion going on about the rate change but I didn't expect it to be very much of anything. If anything I thought it would go back the original rate of 1190 dinars where it was before they devalued it down to where it is now. I had heard rumors and I had my fingers crossed they were talking about possibly bringing it all the way down to 1050 dinars...27.5% increase in value. Not exactly what a lot of you are expecting but it's not too bad either in the grand scheme of things.
3-9-2022 Intel Guru Bruce [via WiserNow] ... the timing is close...So – we’re in a really good place... I am excited about the possibility that we’re hearing of the timing for this – which is a couple of days away... let’s be expectant of something happening soon...
3-9-2022 Intel Guru MarkZ [via PDK] Movement from the Iraqi government front on the Kurdistan side...They have worked out a framework and suggestions and will propose them over the next couple of days until they reach an agreement. There is a mad dash to get the government sat. I am told that the moment they do…we will get the rate...Buckle up and hang on…we are getting close according to news out of Iraq.
3-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Today on the television they showed an interview with the IMF...they talked about Iraq's economy, how it is getting better and better due to reforms. Then they called on the CBI governor telling the citizens that countries with fixed rates will make the best advances for their economy, would be a revalue of their currency.
3-9-2022 Newshound Guru Sandy Ingram Quote: "The Central Bank of Sudan said banks and exchange firms will determine the value of the Sundanese pound based upon supply and demand." [We] will watch this news story closely to learn about how the IQD...might play out when and if a currency is floated. You should know Sudan is in much worse shape economically and financially than Iraq. [Post 2 of 2]
3-9-2022 Newshound Guru Sandy Ingram Breaking news - Sudan has decided and has announced that it will float the country's currency. Article: "Roiled by economic crisis, Sudan to float its currency" The reason this is important to us as IQD investors...is because we are going to get to see in real-time and the process of how a country floats its currency. We can only hope that we could receive the same type of news release for the Iraqi dinar. [Post 1 of 2]
3-9-2022 Newshound/Intel Gurus Walkingstick and Frank26 There's no delay in the new exchange rate and new small category notes. They know when they want to do it. Granted they are losing billions of dollars through their auctions...they're [economy ?] growing because they're filthy rich but this is not the way that it's supposed to be...They need to stop using the crutch of the auctions that were established 18-19 years ago...
3-9-2022 Intel Guru MarkZ [via PDK] What it appears to me…from articles…Iraq wants to RV to at least $1.50…and they want it
immediately ...The NEER is the Nominal Effective Exchange rate…It is the nominal amount they are willing to accept to move forward now…In some of their old documentation it was set at $1.00…they are now pushing to set it at $1.50. ...The Nominal exchange rate could be a way to suck more dinar off the Iraqi streets before they release a better rate… ...$4.81 was what we had been hearing for a target rate…What they could do is start at $1.50 and let if float to $4.81…
3-9-2022 Newshound Guru Godlover Article: "The Federal Court summons the Minister of Finance and the Governor of the Central Bank" I won’t get too worried by this just yet. After all, the soon to be formed government has not even implemented the WP’s per numerous articles. Now, once the government is formed, budget passed & opened…that will tell all.
3-9-2022 Newshound Guru MilitiaMan Could there be more to the story that will unfold between now and the meeting on 03/14/2022...The problem I see with the reversion back to 120,000 / 100USD is that it really doesn’t help the poor...Going from poor to poorer and back again to poor is a double slap in the face, imo...That will not be the purchase power they were promised... [Post 2 of 2]
3-9-2022 Newshound Guru MilitiaMan Article: "The Federal Court postpones hearing the lawsuit to restore the dollar exchange rate to its predecessor until next Monday" They postpone the court until next Monday to hear the case of the Dollar Exchange rate and a Sovereign Wealth Fund...they are suggesting that the case is to restore the Dinar back to 120,000 / 100 USD from it’s present 1460. Just barely back to where it was 12/19/2020, a 22-23% move... [Post 1 of 2....stay tined]
3-9-2022 Newshound Guru Samson Article: "Deputy: Changing the exchange rate does not come with political speeches" Quote: "The State of Law coalition confirmed, on Wednesday, that changing the dollar exchange rate does not come with political speeches...the issue of changing the dollar exchange rate is purely scientific..."
3-9-2022 Intel Guru MarkZ [via PDK] [Reference Guru Franks26 post 3-8-22] …minimum rate at any moment. They are pushing for at least that right now…All the articles talk about this value is going to change…even at $1.50 it would be enough to make a huge difference to most of us…you could always just exchange a little and wait for the rate to go up. [NOTE: Consult your financial professionals to create an exchange plan that works best for your unique circumstances.]
3-9-2022 Newshound Guru Pimpy Whenever we're talking about the Iraqi dinar exchange rate...all this time we're sitting there going, oh you know, chapter VII and the United Nations and the United Nations Security Council and the IMF...but the biggest reason why no major changes have happened yet is Iraq's own government between Maliki and all his corruption, ISIS coming in there doing what they did, it's just been one hurdle after another...one of them is making sure that the country is stabilized especially the government...
3-9-2022 Newshound/Intel Guru Mnt Goat Good News! The International Financial Action Task Force (FATF) has taken Iraq...off the (grey) list for money laundering... So, this news today is yet another sign the window to financial freedom is close. Yes, we already witnessed the end to UN Chapter VII sanctions just recently and wait to hear now about the U.S. Treasury OFAC sanctions being lifted...
3-9-2022 Newshound Guru Samson Article: "The Federal Court postpones hearing the lawsuit to restore the dollar exchange rate to its predecessor until next Monday”
3-9-2022 Intel Guru Bruce [via WiserNow] ... the timing is close...So – we’re in a really good place... I am excited about the possibility that we’re hearing of the timing for this – which is a couple of days away... let’s be expectant of something happening soon...
3-9-2022 Intel Guru MarkZ [via PDK] Movement from the Iraqi government front on the Kurdistan side...They have worked out a framework and suggestions and will propose them over the next couple of days until they reach an agreement. There is a mad dash to get the government sat. I am told that the moment they do…we will get the rate...Buckle up and hang on…we are getting close according to news out of Iraq.
3-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Today on the television they showed an interview with the IMF...they talked about Iraq's economy, how it is getting better and better due to reforms. Then they called on the CBI governor telling the citizens that countries with fixed rates will make the best advances for their economy, would be a revalue of their currency.
3-9-2022 Newshound Guru Sandy Ingram Quote: "The Central Bank of Sudan said banks and exchange firms will determine the value of the Sundanese pound based upon supply and demand." [We] will watch this news story closely to learn about how the IQD...might play out when and if a currency is floated. You should know Sudan is in much worse shape economically and financially than Iraq. [Post 2 of 2]
3-9-2022 Newshound Guru Sandy Ingram Breaking news - Sudan has decided and has announced that it will float the country's currency. Article: "Roiled by economic crisis, Sudan to float its currency" The reason this is important to us as IQD investors...is because we are going to get to see in real-time and the process of how a country floats its currency. We can only hope that we could receive the same type of news release for the Iraqi dinar. [Post 1 of 2]
3-9-2022 Newshound/Intel Gurus Walkingstick and Frank26 There's no delay in the new exchange rate and new small category notes. They know when they want to do it. Granted they are losing billions of dollars through their auctions...they're [economy ?] growing because they're filthy rich but this is not the way that it's supposed to be...They need to stop using the crutch of the auctions that were established 18-19 years ago...
3-9-2022 Intel Guru MarkZ [via PDK] What it appears to me…from articles…Iraq wants to RV to at least $1.50…and they want it
immediately ...The NEER is the Nominal Effective Exchange rate…It is the nominal amount they are willing to accept to move forward now…In some of their old documentation it was set at $1.00…they are now pushing to set it at $1.50. ...The Nominal exchange rate could be a way to suck more dinar off the Iraqi streets before they release a better rate… ...$4.81 was what we had been hearing for a target rate…What they could do is start at $1.50 and let if float to $4.81…
3-9-2022 Newshound Guru Godlover Article: "The Federal Court summons the Minister of Finance and the Governor of the Central Bank" I won’t get too worried by this just yet. After all, the soon to be formed government has not even implemented the WP’s per numerous articles. Now, once the government is formed, budget passed & opened…that will tell all.
3-9-2022 Newshound Guru MilitiaMan Could there be more to the story that will unfold between now and the meeting on 03/14/2022...The problem I see with the reversion back to 120,000 / 100USD is that it really doesn’t help the poor...Going from poor to poorer and back again to poor is a double slap in the face, imo...That will not be the purchase power they were promised... [Post 2 of 2]
3-9-2022 Newshound Guru MilitiaMan Article: "The Federal Court postpones hearing the lawsuit to restore the dollar exchange rate to its predecessor until next Monday" They postpone the court until next Monday to hear the case of the Dollar Exchange rate and a Sovereign Wealth Fund...they are suggesting that the case is to restore the Dinar back to 120,000 / 100 USD from it’s present 1460. Just barely back to where it was 12/19/2020, a 22-23% move... [Post 1 of 2....stay tined]
3-9-2022 Newshound Guru Samson Article: "Deputy: Changing the exchange rate does not come with political speeches" Quote: "The State of Law coalition confirmed, on Wednesday, that changing the dollar exchange rate does not come with political speeches...the issue of changing the dollar exchange rate is purely scientific..."
3-9-2022 Intel Guru MarkZ [via PDK] [Reference Guru Franks26 post 3-8-22] …minimum rate at any moment. They are pushing for at least that right now…All the articles talk about this value is going to change…even at $1.50 it would be enough to make a huge difference to most of us…you could always just exchange a little and wait for the rate to go up. [NOTE: Consult your financial professionals to create an exchange plan that works best for your unique circumstances.]
3-9-2022 Newshound Guru Pimpy Whenever we're talking about the Iraqi dinar exchange rate...all this time we're sitting there going, oh you know, chapter VII and the United Nations and the United Nations Security Council and the IMF...but the biggest reason why no major changes have happened yet is Iraq's own government between Maliki and all his corruption, ISIS coming in there doing what they did, it's just been one hurdle after another...one of them is making sure that the country is stabilized especially the government...
3-9-2022 Newshound/Intel Guru Mnt Goat Good News! The International Financial Action Task Force (FATF) has taken Iraq...off the (grey) list for money laundering... So, this news today is yet another sign the window to financial freedom is close. Yes, we already witnessed the end to UN Chapter VII sanctions just recently and wait to hear now about the U.S. Treasury OFAC sanctions being lifted...
3-9-2022 Newshound Guru Samson Article: "The Federal Court postpones hearing the lawsuit to restore the dollar exchange rate to its predecessor until next Monday”
3-8-2022 Intel Guru MarkZ [via PDK] They did not choose the new President in Iraq today…they are hoping to choose one in the next session. Which may be Monday of next week...Also I hear the Finance Minister and the Governor of the Central Bank needs to meet with parliament before the next session…so before next Monday.
3-8-2022 Newshound Guru Pimpy People used to tell me, 'Man, the Iraqi dinar is a scam man. It's fake.' I go 'you're conflating things.' You see the dinar itself is not fake. It's not a scam. It's not a fraud. It's a real currency. You can go into Iraq and you can spend it. The people use the Iraqi dinar to commit fraud, to commit scams. It's different. Investing into a currency that's not a scam...The process of buying and selling currencies is not a fraud...But yes there are people out there who have used the dinar to commit fraud. And there's people out there that use the dinar and crazy stories to scam people out of money still...
3-8-2022 Newshound Guru Sandy Ingram During the crisis in the Ukraine the Iraqi dinar is holding steady...what many people believe is one day we will wake up and the IQD will be worth a lot more against the US dollar. This belief is supported by the fact that Iraq may not be interested in joining the world financial platforms but appears from their actions to be very interested in raising the value of their currency...
3-8-2022 Newshound Guru Godlover Question: "Barrel of oil surging. 130 in US & Europe. Is there a magical number we’re waiting for?" the magical number is…when they are ready & not before.
3-8-2022 Newshound Guru MilitiaMan Article: "Kurdistan decides to reorganize fees and taxes and activate the electronic revenue system" This article imo is a doozy. It is telling me they are now ready to trade outside the borders...This all bodes very well for our study. The outcome is likely to be very promising and quickly now...I have always made the claim that, “the longer they take the more money we make.” With oil now $125+- at barrel, secures that. imo Lets see how they work this out.. They are working it out!!! The automation is proof they are!!!. imo.
3-8-2022 Newshound/Intel Gurus Walkingstick and Frank26 You're seeing lots and lots of, dozens, hundreds of articles that are all talking about raising the value of the currency and the new exchange rate and all that good stuff. That theme is alive and powerful. That animal is growling really loud...they know what's coming.
3-8-2022 Newshound Guru Desert Advisor Article quote: "A recent report revealed that the rise in the price of a barrel of oil to excel levels of $100 contributes to shifting the budget of some countries by the end of the currency year 2022...the report showed that Iraq needs to see a barrel at a price of $64.25 to turn it's budget into a surplus." As long as the barrel is over $64 Iraq is looking to strengthen their economy.
3-8-2022 Intel Guru MarkZ [via PDK] Article: "The Federal court summons the minister of finance and the governor of the Central bank of Iraq to appear in a special session of the exchange rate of the dinar." This is very positive news… According to that article they are ready to move forward. They have done everything they were supposed to do and their people need that prosperity. This is huge news coming out of Iraq. No exact time in the article as to when they are expected to appear. My Iraqi contacts say it is this week…within a couple of days. They expect this whole thing to be put to bed at anytime…we have yet to hear anything negative today.
3-8-2022 Intel Guru Frank26 I believe...Mustafa is now asking for the IMF to once again reconsider the NEER (Nominal Effective Exchange Rate). The NEER is the start of the calculations and the REER (Real Effective Exchange Rate) is the end. What they've established is a spectrum...to where they truly want to reach...they recalculated the exchange rate and they used the PPP (Purchasing Power Parity) IMO...a comparison of a basket of goods and services...from there you calculate... the NEER...that is the least you can do the exchange rate...we are now able to calculate the REER according to the price of a barrel of oil right now...They determined the the NEER...was above $1.00...it was determined the recalculation of the REER is $1.50...
3-8-2022 Newshound Guru Pimpy Article: "International Monetary warns Iraq and announces its position on the dollar exchange rate" If they had their way the currency would have been lowered even more. I believe they were proposing 1600 dinars for every dollar...by increasing the value of the dinar it makes Iraq less competitive on an international level...
3-8-2022 Newshound/Intel Guru Mnt Goat From Iraq the news this period is mostly all about what to do with the exchange rate once again. Yes, this saga continues... How do you change the rate without blowing up the economy? ...There is only one way and that is to complete the project to delete the zeros then reinstate the dinar, put it on a float and a basket of other currencies to protect if from massive inflation... Remember we are in VERY exciting times...We are going to get this reinstatement and we are going to go to the bank shortly...hold on to your currency...Please do not give up we have gone this far!
3-8-2022 Newshound Guru Pimpy People used to tell me, 'Man, the Iraqi dinar is a scam man. It's fake.' I go 'you're conflating things.' You see the dinar itself is not fake. It's not a scam. It's not a fraud. It's a real currency. You can go into Iraq and you can spend it. The people use the Iraqi dinar to commit fraud, to commit scams. It's different. Investing into a currency that's not a scam...The process of buying and selling currencies is not a fraud...But yes there are people out there who have used the dinar to commit fraud. And there's people out there that use the dinar and crazy stories to scam people out of money still...
3-8-2022 Newshound Guru Sandy Ingram During the crisis in the Ukraine the Iraqi dinar is holding steady...what many people believe is one day we will wake up and the IQD will be worth a lot more against the US dollar. This belief is supported by the fact that Iraq may not be interested in joining the world financial platforms but appears from their actions to be very interested in raising the value of their currency...
3-8-2022 Newshound Guru Godlover Question: "Barrel of oil surging. 130 in US & Europe. Is there a magical number we’re waiting for?" the magical number is…when they are ready & not before.
3-8-2022 Newshound Guru MilitiaMan Article: "Kurdistan decides to reorganize fees and taxes and activate the electronic revenue system" This article imo is a doozy. It is telling me they are now ready to trade outside the borders...This all bodes very well for our study. The outcome is likely to be very promising and quickly now...I have always made the claim that, “the longer they take the more money we make.” With oil now $125+- at barrel, secures that. imo Lets see how they work this out.. They are working it out!!! The automation is proof they are!!!. imo.
3-8-2022 Newshound/Intel Gurus Walkingstick and Frank26 You're seeing lots and lots of, dozens, hundreds of articles that are all talking about raising the value of the currency and the new exchange rate and all that good stuff. That theme is alive and powerful. That animal is growling really loud...they know what's coming.
3-8-2022 Newshound Guru Desert Advisor Article quote: "A recent report revealed that the rise in the price of a barrel of oil to excel levels of $100 contributes to shifting the budget of some countries by the end of the currency year 2022...the report showed that Iraq needs to see a barrel at a price of $64.25 to turn it's budget into a surplus." As long as the barrel is over $64 Iraq is looking to strengthen their economy.
3-8-2022 Intel Guru MarkZ [via PDK] Article: "The Federal court summons the minister of finance and the governor of the Central bank of Iraq to appear in a special session of the exchange rate of the dinar." This is very positive news… According to that article they are ready to move forward. They have done everything they were supposed to do and their people need that prosperity. This is huge news coming out of Iraq. No exact time in the article as to when they are expected to appear. My Iraqi contacts say it is this week…within a couple of days. They expect this whole thing to be put to bed at anytime…we have yet to hear anything negative today.
3-8-2022 Intel Guru Frank26 I believe...Mustafa is now asking for the IMF to once again reconsider the NEER (Nominal Effective Exchange Rate). The NEER is the start of the calculations and the REER (Real Effective Exchange Rate) is the end. What they've established is a spectrum...to where they truly want to reach...they recalculated the exchange rate and they used the PPP (Purchasing Power Parity) IMO...a comparison of a basket of goods and services...from there you calculate... the NEER...that is the least you can do the exchange rate...we are now able to calculate the REER according to the price of a barrel of oil right now...They determined the the NEER...was above $1.00...it was determined the recalculation of the REER is $1.50...
3-8-2022 Newshound Guru Pimpy Article: "International Monetary warns Iraq and announces its position on the dollar exchange rate" If they had their way the currency would have been lowered even more. I believe they were proposing 1600 dinars for every dollar...by increasing the value of the dinar it makes Iraq less competitive on an international level...
3-8-2022 Newshound/Intel Guru Mnt Goat From Iraq the news this period is mostly all about what to do with the exchange rate once again. Yes, this saga continues... How do you change the rate without blowing up the economy? ...There is only one way and that is to complete the project to delete the zeros then reinstate the dinar, put it on a float and a basket of other currencies to protect if from massive inflation... Remember we are in VERY exciting times...We are going to get this reinstatement and we are going to go to the bank shortly...hold on to your currency...Please do not give up we have gone this far!
3-7-2022 Intel Guru MarkZ [via PDK] We are hearing out of Iraq to expect the seating of the government tomorrow...I am hearing from all my bond contacts that they will move forward as soon as that government is sat. I don’t know what that means for us yet on the 800 number timing. All of my sources as of this afternoon are extremely upbeat and excited about this potential as they seat that government tomorrow.
3-7-2022 Newshound Guru Pimpy Question: "When will they reinstate the Iraqi dinar?" That's the 64 million dinar question...they seem to be making that announcement now - that they have no intentions on changing the rate for this year but every time they say that then you see what appears to be conflicting articles coming out because they're still discussing it. They're still taking about it. If they were truly settled on the rate they would just say so and leave it alone but for weeks now we've been seeing article after article on conversations going back and forth about what to do with the Iraqi dinar exchange.
3-7-2022 Newshound Guru MilitiaMan There is a convergence of things that are on going that suggest there are things moving quickly now. The reduction in value of the currency on 12/19/2021 had a purpose and that purpose is over. The subject is clearly being talked about at length, that even included paying off repartitions to Kuwait and the lifting of Chapter VII sanctions. Add in that oil has risen to about $120.00 per barrel and they are automating the provinces through AYSCUDA...this week they are implementing all provinces at the borders. That income will be similar to and or equal to the oil revenues. All of which sill support the exchange rate that will benefit the citizens.
3-7-2022 Newshound Guru Godlover Article: "Deputy: The government will be formed after Eid Al-Fitr" ...per articles their intentions are to elect the POR & the PM in one session. Then PM’s cabinet needs formed, which according to several articles will happen after the holiday...My hopes are that once the POR & PM are elected, the budget can be sent to parliament for reading & vote during the cabinet formation process. I suspect the budget will not open until the PM’s cabinet is formed, bringing us closer to mid year possibly for the budget opening. God willing, the budget opens with what we all seek.
3-7-2022 Intel Guru Frank26 The governor of the CBI is...a figure head. He is composed of a structure that allows him to make announcements of decisions. He is backed up by the board of directors. There's many of them. They have been doing a masterful job. The only thing we need is to sit a government.
3-7-2022 Newshound Guru Pimpy Article: "For the first time in the history of he currency auction, the central bank sells less than 1 million in cash" ...It doesn't look like the banks are parting with the American dollars...
3-7-2022 Intel Guru MarkZ [via PDK] Coming out of Iraqi parliament they had expected a adjustment of the rate wihin 3 days…
3-7-2022 Newshound Guru Samson Article: "Oil nears $130 on fears of a ban on the Russian product" Quote "Analysts at Bank of America said that if most of Russia’s oil exports were cut, there could be a 5 million barrel or larger deficit, which means oil prices could double from $100 to $200 a barrel, while JPMorgan analysts said this week that oil may double. to $185 a barrel this year"
3-7-2022 Newshound Guru Desert Advisor Article: "Brent crude price exceeds $119 per barrel" Well this just happened. You think their [Iraq's] economy's growing and strengthening? I do.
3-7-2022 Newshound Guru Sandy Ingram Article: "Iraqi Parliament to met for reopening door for new presidential candidates" Once the new president is elected by the parliament then they will select a prime minister.
3-7-2022 Intel Guru Fleming ...starting tomorrow [Monday], all banks all over the world are using QFS (QUANTUM FINANCIAL SYSTEM), exclusively...Confirmed by a variety of sources in many positions of authority… No more SWIFT allowed... Evidence that this is underway can be found by the announcement made by Iraq’s Central Bank, yesterday, stating that Iraq will have a “new currency value” within the next 3 days. The CBI is closed today and tomorrow, so Tuesday it is!
3-7-2022 Newshound Guru Pimpy Question: "When will they reinstate the Iraqi dinar?" That's the 64 million dinar question...they seem to be making that announcement now - that they have no intentions on changing the rate for this year but every time they say that then you see what appears to be conflicting articles coming out because they're still discussing it. They're still taking about it. If they were truly settled on the rate they would just say so and leave it alone but for weeks now we've been seeing article after article on conversations going back and forth about what to do with the Iraqi dinar exchange.
3-7-2022 Newshound Guru MilitiaMan There is a convergence of things that are on going that suggest there are things moving quickly now. The reduction in value of the currency on 12/19/2021 had a purpose and that purpose is over. The subject is clearly being talked about at length, that even included paying off repartitions to Kuwait and the lifting of Chapter VII sanctions. Add in that oil has risen to about $120.00 per barrel and they are automating the provinces through AYSCUDA...this week they are implementing all provinces at the borders. That income will be similar to and or equal to the oil revenues. All of which sill support the exchange rate that will benefit the citizens.
3-7-2022 Newshound Guru Godlover Article: "Deputy: The government will be formed after Eid Al-Fitr" ...per articles their intentions are to elect the POR & the PM in one session. Then PM’s cabinet needs formed, which according to several articles will happen after the holiday...My hopes are that once the POR & PM are elected, the budget can be sent to parliament for reading & vote during the cabinet formation process. I suspect the budget will not open until the PM’s cabinet is formed, bringing us closer to mid year possibly for the budget opening. God willing, the budget opens with what we all seek.
3-7-2022 Intel Guru Frank26 The governor of the CBI is...a figure head. He is composed of a structure that allows him to make announcements of decisions. He is backed up by the board of directors. There's many of them. They have been doing a masterful job. The only thing we need is to sit a government.
3-7-2022 Newshound Guru Pimpy Article: "For the first time in the history of he currency auction, the central bank sells less than 1 million in cash" ...It doesn't look like the banks are parting with the American dollars...
3-7-2022 Intel Guru MarkZ [via PDK] Coming out of Iraqi parliament they had expected a adjustment of the rate wihin 3 days…
3-7-2022 Newshound Guru Samson Article: "Oil nears $130 on fears of a ban on the Russian product" Quote "Analysts at Bank of America said that if most of Russia’s oil exports were cut, there could be a 5 million barrel or larger deficit, which means oil prices could double from $100 to $200 a barrel, while JPMorgan analysts said this week that oil may double. to $185 a barrel this year"
3-7-2022 Newshound Guru Desert Advisor Article: "Brent crude price exceeds $119 per barrel" Well this just happened. You think their [Iraq's] economy's growing and strengthening? I do.
3-7-2022 Newshound Guru Sandy Ingram Article: "Iraqi Parliament to met for reopening door for new presidential candidates" Once the new president is elected by the parliament then they will select a prime minister.
3-7-2022 Intel Guru Fleming ...starting tomorrow [Monday], all banks all over the world are using QFS (QUANTUM FINANCIAL SYSTEM), exclusively...Confirmed by a variety of sources in many positions of authority… No more SWIFT allowed... Evidence that this is underway can be found by the announcement made by Iraq’s Central Bank, yesterday, stating that Iraq will have a “new currency value” within the next 3 days. The CBI is closed today and tomorrow, so Tuesday it is!