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New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
( Updated: )
Official Central Bank of Iraq (CBI) Dinar Rate:
1190 IQD to 1 USD
Dinar Market Rate:
(CBI last reported 5-19-2020)
1214.450 IQD to 1 USD
- Rates Are Within IMF 2% Rule: YES
Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
Dinar Gurus' Official Master List of Possible Major " To Do's ":
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6-6-2020 *** Dinar Guru Newsflash *** The news is flooding in...Iraq's new prime minister has done what no other prime minister in the last 10 years has been able to do. Iraq's parliament voted and seated the last 7 ministers of PM Al-Kazemi's government. If this is fact and it appears to be, this is a monumental accomplishment and fits with everything else Iraq's leader has done in the last month. Stay tuned as gurus chime on this unexpected development. The latest guru posts will continue below...
6-7-2020 Intel Guru Footforward [...what do you think dollar amount will be for the dinar RV?] ...This is all my opinion and not financial or investment advice. Dinar I'm hoping for something between $3.50 and 6.00 and on the dong I'm hoping for 5 - 25 cents...the plan for the longest time was the dong at 5 - 10 cents. The only reason it may be higher now is because Vietnam wants to pull away from China. I don't think $1 on the dong is possible or realistic. And I think even 50 cents is a stretch...Heck even 25 cents for them is a big stretch.
6-6-2020 Intel Guru Frank26 They're in the process of letting it be official...of realizing it. I'm happy and I hope you are too...be grateful for the evidence that you're seeing in your investment. I love you...
6-6-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-6-2020 Newshound Guru Pimpy there's a lot of reasons to be excited...some things happened yesterday or I should say last night while you were sleeping...it's a little exciting... Article "Parliament passes vacant bag candidates and succeeds in completing the A-Kazemi government" Yes it's okay, you can clap or you can pee-pee dance it's okay! It looks like his cabinet is complete. I don't see anything missing...it looks like finally Al-Kazemi has a complete cabinet, Yay! ...I feel good about this...there's a lot of positive vibes going on out there...
6-6-2020 Newshound Guru Jeff Article "Parliament passes vacant bag candidates and succeeds in completing the Al-Kazemi government" They have completed the full formation of the government. But remember I told you there were two things needed which are the linchpin. Two not one. They have to finish their agreement with Kurdistan and they had to finish the last 7 ministers. The last 7 ministers is done. Out of 2 you have 1 remaining. Article "Next week a delegation will visit Baghdad to resolve the agreement on the oil file". This is Kurdistan...you're gonna have everything pretty much done within a week. They should have this done probably by the 10th...they're on track to finish the two remaining items. They already got the government done. They could most likely have the second last remaining variable...done next week...that will allow them to probably change the rate during the second half of June...It looks like Iraq will go international as well during that second half of June.
6-6-2020 Intel Guru Footforward Tweet: "Mustafa Al-Kadhimi: My cabinet is now complete with today's vote... This is vital in implementing our program and delivering on our commitments to our people - who are waiting for actions, not words. I think parliament for renewing its confidence. We will move forward with optimism and fortitude." [So this means the government has formed completely then?] yes. ...You notice he's talking about actions. What actions do Iraqis want? They want monetary reform. [things are looking good for this month.] agreed.
6-6-2020 Newshound/Intel Guru Mnt Goat Article: "INCLUDING STOPPING THE CURRENCY AUCTION AND CHANGING THE DINAR PRICE .. 5 DEPUTIES PRESENT PROPOSALS TO BRIDGE THE BUDGET DEFICIT" ...this is one of those WOW articles. ...these are members of the House of Representatives so the next area to take up these recommendations would be the Finance Committee and then the CBI. But I have to tell you this is already in motion and the CBI is already working on these measures. But it was very nice to see parliamentary members making their ideas heard and for once coming up with sensible recommendations that will work.
6-6-2020 Newshound Guru Jeff ...we've got a lot going on. The news is red-hot...we're probably around the second half of June...This thing is coming upon us. We're at the very end of it.
6-6-2020 Intel Guru Frank26 It's time to realize in my opinion that the monetary reform is point-blank. It's out there and they're talking about it to the citizens - the trickling down of information just the way we told you. They are protecting it. The CBI has locked their doors. The borders are shut down. Have you called anybody to see if you can buy this currency? It's getting harder to get that's all.
6-6-2020 Newshound Guru Pimpy Article "Parliamentary solutions to the financial crisis Al-Kazemi's office...Trends towards changing the dollar policy and the exchange rate" Well I don't know about you guys, I can think of a way...man I'm telling you 2020 is our year. Let's not get overly excited but go ahead, we can do the pee-pee dance just a little bit! Looking good!
Get caught up on last night's updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list. Click here to get on the list now.
6-5-2020 Intel Guru Frank26 Articles...5 or 6 of them today boom boom boom boom boom all talking about the fact that, 'We're gonna raise the value of our currency. We're gonna change the exchange rate value.' These are things you only dream about. To see them right in front of us now well it's because the monetary reform is really progressing...
6-5-2020 Newshound Guru MilitiaMan Article quote: "The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation" There is no stopping this now from the looks of it. All has been coming together and shows that all the years of work, now are aligned and ready to go international... They have published time lines for contractual issues, that will have to be adhered to. I am smiling!!
6-5-2020 Intel Guru Bruce [via WiserNow] we are looking for... us to get moving probably...by Tuesday...We have been delayed by the activity going on throughout the country – it has definitely held us back...we know that Iraq is going to have their new rate – on their Dinar – official – as of Saturday – but we in the US won’t see it until Monday...Overall I can just tell you that everything seems to be moving finally in the direction that we want it to...the main thing is that we stay positive because we do think that this is finally it...
6-5-2020 Newshound Guru Pimpy This is flying around the dinar community. President Trump quote, "I may have to buy one of those things, drive around town. Maybe I'll drive back to New York with our First Lady in a trailer. What do they call that? An RV, an RV." People are saying Trump is doing "Trump speak" that this indeed is his way of saying the RV's getting ready to happen. Is it getting ready to happen? I think so but I don't know if this "RV" has anything to do with it. I think we just like to hear him say RV.
6-5-2020 Intel Guru Frank26 ...we explained to you months ago that the President of the United States of America was now heavily involved with the monetary reform of the Iraqi dinar...many articles have come out...we told you the Central Bank of Iraq was ready and we also suggested the GOI also needed to be ready in order to pass what the CBI has - the monetary reform plan...In the last 4 or 5 days it's been a meteor shower - boom boom boom boom of statements from who? Mainly the Prime Minister Kazemi. He has the same game plan that the President of the United States has...after coming under heavy criticism the Central Bank stopped the currency auctions. That was the 1st step Donald Trump wanted to accomplish. By doing so, they're not going to use the American dollar anymore.
6-5-2020 Intel Guru MarkZ [via PDK] ...my Iraqi contacts still believe we are in the week…I will not be a bit surprised to suddenly see it all come together…We are seeing the Perfect Storm come together as we speak...I am excited at seeing so much start to happen, Iraq stopping currency... auctions...we are seeing a lot of pieces come together...so, my Iraqi sources would agree...I did not think things would come together this quickly but they are… There is so much happening right now…this is exciting and it’s all starting to come together…sooner then we may have thought.
6-5-2020 Newshound Guru Kaperoni A couple of great news articles this week... 1 an opinion piece on changing the dinar exchange rate. The other seems to be recommendations from the parliamentary finance committee today including floating the dinar.
6-5-2020 Newshound/Intel Guru Mnt Goat ...they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” but, as we can see, they mean a float against other global currencies. You can’t float the dinar against just the US dollar as it is now solely pegged just to the US dollar. This is now a “fixed” rate. So the discussions evolved around a drastic change. By the way the CBI has already announced it WILL NOT devalue the dinar as a solution...
6-5-2020 Newshound Guru MilitiaMan Article: "After Coming Under Heavy Criticism...The Central Bank Stops The Currency Auction" Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is scheduled to open again on Sunday, then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo ...