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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:1310 IQD to 1 USD Dinar Market Rate:1475.14 IQD to 1 USD - Are Rates IMF 2% Rule Compliant for 90 Days: NO (maintained market rate: Mar. 15, 2018 to 4-20-2020 | 12-20-2020 to 5-26-21 | 6-16-2021 to Unknown date) Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
26% Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
74% Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
37% Dinar Gurus' Official Master List of Possible Major " To Do's ":
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7-26-2024 Intel Guru Frank26 It is an RI, a reinstatement...those that...insist this is an RV you're ignorant. This is not an RV...This is a reinstatement.
7-26-2024 Newshound Guru Kaperoni An RV of the Iraqi dinar...never going to happen for so many reasons. A country's exchange rate is a reflection of their economic growth and success, not some random act. Iraq has lots of work to do. 7-26-2024 Guest Guru SkyWalker Remember in 2003 when the old Swiss dinars were being exchanged for the new and current Iraqi dinar. The U.S. Army transported and distributed the currency throughout Iraq. The outgoing Swiss currency did not have three zeros. The new Iraqi dinar had three extra zeros because it lost value. Because Iraq was post invasion and the nation had no industries or other methods to sustain its economies. That is why the dollar was brought into Iraq by the U.S. government as a means to keep the Iraqi economy alive. Now, the situation has changed and through monetary policies the nation can justify restoring the value of the Iraqi dinar. Inflationary zeros were added to the notes back in 2003 by the U.S. government that paid for the printing of the Iraqi dinar. Now, the inflationary zeros will be removed because the government has met the requirements of the CBI. 7-26-2024 Intel Guru MarkZ [via PDK] ...are there a lot of NDA’s or “Hush” orders running around? ...it was eerily quiet overnight. Question: So looks like we are pushing this into August now? MarkZ: I don’t think it’s being pushed into August. I think it’s quiet for a purpose...things are moving. It is not moving like I thought it would or as quickly as we want it…but things are moving. 7-26-2024 Newshound Guru Pimpy Article: "International Monetary Authority: Iraq increases its gold reserves to 148 tons". They added another 2.6 tons of gold to their holdings...I remember way back when Iraq had...86 tons and now they have 148. Iraq is doing everything they can to help strengthen Iraqi dinar. This is a great sign. 7-26-2024 Newshound Guru Jeff The budget...they're going to finish it probably just shortly before Iraq's accession to the World Trade which will be the weekend of August 17th and 18th. That accession period is the nucleus to everything right now. Everything is happening around that accession date. 7-26-2024 Newshound Guru Clare Article: "The US Federal Reserve adopts a new strategy towards Iraq.. The dollar is threatened with rising to unprecedented levels" Quote: "The Federal Bank has detected political influences from the Iraqi government...The US Federal Reserve will not be able to wait forever, and it is expected that there will be federal measures that may occur at any moment, and there will be a sudden and large demand for the dollar, which will lead to a decrease in the value of the Iraqi dinar against the dollar, which will generate great pressure on the Iraqi banking system, the Iraqi economy and the official political system." 7-26-2024 Intel Guru Frank26 A lot of people get confused. It's like stepping in quicksand. You see, the lifting of the zeros from the exchange rate is a little different from the lifting of the three zeros from the currency, fiat, physical. 7-26-2024 Intel Guru MarkZ [via PDK] IMO 99% of the rumors out there right now are misinformation…keeps you on the roller coaster...But it is clear they are making great progress.
7-25-2024 Newshound Guru Clare Article: "Iraqi banking system..A significant increase in the number of bank accounts and the volume of deposits for citizens" Quote: "The banking system in Iraq is gradually regaining citizens’ confidence...In Iraq, economic and political challenges over the decades have provided a strong justification for keeping money at home rather than in banks. However, the accession of the Iraqi Deposit Insurance Corporation (ICDI) to the International Association of Deposit Insurers was a decisive step in improving confidence in the banking system. Since its accession, Iraq has witnessed a significant increase in the number of bank accounts and the volume of deposits...This development enhances Iraq’s ability to attract investment and support economic growth by converting savings into productive investments."
7-25-2024 Newshound Guru Jeff They are having meetings right now to talk about the withdrawal of US troops starting in September. For them to pull the troops out they had to have already revalued and fully completely paid the US back, US sanctions off, all that. Iraq has to be 100% done with everything for the United States to remove the troops. That's the very last step. 7-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: August is looking good...a lot is coming to a point in August. Iraq is opening up 4 military manufacturing plants...to produce military equipment and weapons. Isn't that saying the sanctions will be off? FRANK: Your country has no sanctions.... whatsoever of any kind. 7-25-2024 Newshound/Intel Guru Walkingstick This YouTube commercial you're going to be seeing soon...This is pretty big. They're just going to talk more about the monetary reform and now they're going to tell the international world publicly...It is not just for the Iraqi citizens. It's for the world to see and understand Iraq's monetary and economic reforms. This is an excellent way to reach out to international investors. 7-25-2024 Newshound Guru Militia Man All this time they've been doing all these meeting in Washington. About 48 hours ago they have come up with an agreement...to reduce forces...Alaq went to Washington about 10 days ago, unannounced visit. He met with the US Treasury and the US Federal Bank, had to do with exchange rates...other currencies...They're going to be talking about...banking, finance, development, sovereign guarantees ... Ultimately, Iraq is going to have bilateral relations in security with the U.S. in finance, development, all those things. 7-25-2024 Newshound Guru Samson Article: "Baghdad submits a proposal to Washington to withdraw international coalition forces" 7-25-2024 Intel Guru MarkZ [via PDK] Still hearing the timeline is set for the US drawdown of troops in Iraq. In other words…Iraqis will now be taking care of Iraq. There will still be troops in Iraq on the bases…..to safeguard the region….but not to handle the day to day stuff. 7-25-2024 Newshound Guru Clare Article: "Cooperation in communication and training... Washington talks reveal a new Iraqi-American understanding" 7-25-2024 Newshound Guru Pimpy If you'd been holding on to your dinars for at least 10 years you have more than doubled your money. That's not including any change to the exchange rate, because if the exchange rate changes, then you get that back once you cash out. In other words if you tell the bank I'd like to get it in USD, they go, okay, no problem. And please transfer that to my American account. Just something to think about. I may actually do this. I'm going to reach out to them and see what it takes and what happens. If I can get 10% on it annually I'll take it. Heck I might buy more and deposit more. Something to think about. [Post 2 of 2] 7-25-2024 Newshound Guru Pimpy Article: "Iraqi bank announces investment deposits with returns up to 10%" that's a really good return...Imagine if 20 years ago you'd have made a deposit and been able to get back 10% back annually while it's just sitting there. You'd have made a ton of money by now...You see some of us have millions of Iraq dinars. Let's just say for the sake of it somebody like me, I got 5 million, I deposit it. It's going to give me 10% return on my investment. I'll take 500,000 Iraqi dinar back annually. That's a nice little return. And just let it sit there while I'm waiting...If the exchange rate changes I can always have them return it to me in USD... [Post 1 of 2....stay tuned] 7-25-2024 Newshound Guru Jeff Everything is pointing to...August. I really feel that's when the rate is changing...Everything seems to be hovered and centered around the nucleus of August being their accession to the World Trade. Somewhere around mid-August. That's when we're going to see most of their critical steps coming forward...It's amazing what's happening right now. We're definitely in the period for the rate change. It's here. It's right in front of us. 7-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying CBI banks are offering a 10% gain on any investment opportunities. FRANK: Shoot, I might even come there! They're going to give you 10% on your money if you open the bank account? ...Are you kidding me? You talk about incentives... 7-25-2024 Intel Guru Wolverine ...I received an email saying the RV was imminent and about to commence. It’s official... 7-25-2024 Intel Guru Bruce [via WiserNow] This is going to be an interesting week for us... I'm just looking forward to getting started on what I guess we expect in the way of notifications of setting our appointments...I believe we're finally at that point where it can start. So we shall see...remember, the Dinar has a so called contract rate. They are supposed to offer that here in the United States to US citizens, I can't tell you exactly what it is but it is very high... Get caught up on past 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.
7-24-2024 Newshound Guru Clare Article: "Iraq Registers 324 Local Companies, 27 Foreign Branches, in June" Quote "The Companies Registration Department of Iraq's Ministry of Trade said it has successfully processed the establishment of 324 national companies and registered 27 branches of foreign companies in June."
7-24-2024 Intel Guru Frank26 The Iraqi dinar is the only currency in Iraq. Therefore that currency has to go up in value. It has to go up in value, it's going International. How do you know it's going international? Because Sudani...Alaq, the governor of the CBI said so. I'm not pulling things out of the air. I'm repeating to you what these great leaders are doing in their county... 7-24-2024 Newshound Guru Jeff President signed off on...the budget on June 27th. I want to show you a pattern here...Issue number 4781 published in the Gazette on July 1st 2024...then...they skip issue number 4782 and advance to 4783...published on July 8th. We believe the Gazette issue number that is missing 4782...is actually the budget itself. They just can't publish it in the Gazette because right now it's being deemed or perceived as an unconstitutional law. 7-24-2024 Newshound Guru Samson Article: "IMF: Iraq increases its gold reserves to 148 tons" Quote "Data from the International Monetary Fund showed an increase in gold reserves in Iraq...Iraq increased its gold holdings by 2,644 tons to 148,305 tons in May 2024." 7-24-2024 Newshound/Intel Guru Walkingstick There's absolutely nothing getting in the way of this monetary reform. Announcement to the Iraqi citizens as promised by Sudani and Alaq. 7-24-2024 Intel Guru MarkZ [via PDK] Question: ...should we be on stand by for Notification today? MarkZ: It’s absolutely possible. I would not rule it out. 7-24-2024 Newshound Guru Clare Question: "Any idea on how long this 3rd meeting / WTO ACCESSION period will last?" NO, I HAVE NO WAY OF KNOWING... BUT IN MY OPINION, THEY REALLY ARE TRYING TO GET IT DONE AS QUICKLY AS POSSIBLE. HOWEVER, THEY ARE TELLING US IN ARTICLES NEXT MEETING IS 1ST QUARTER OF 2025, BUT THINGS CAN ALWAYS CHANGE. 7-24-2024 Newshound Guru Militia Man I think Iraq's pretty hot right now... Sudani...is kicking butt and taking names...Everybody's got an interest because the Development Road Project is going to provide a lot of opportunities for a lot of different people in the region. The world has realized how far along he is... Sudani is knocking out of the park...He's setting the stage or the development road project to begin. It's starting up on fire. It's going to be great. 7-24-2024 Intel Guru Frank26 The direction that the monetary reform is going is in the direction to add value and introduce new lower denoms and to change the exchange rate and then to float. That's the step we're in. We're not in a step where we need to pass laws. We're not in a step where we need permission from anybody over there, over here, over there - United Nations Security Council, the Untied States Treasury, nobody. We're at the point where Neil Armstrong is just about to put that right foot on the moon. 7-24-2024 Intel/Newshound Guru Mnt Goat Oh…did I mention de-dollarization and all the banking and anti-corruption measures already put in place...I believe it is this “all or nothing” attitude that is holding back Iraq as it needs its currency back online now. This is especially true for attracting foreign investors... my CBI contact told me...why the Project to Delete the Zeros is stalled. I will not get into details of these reasons...as I feel we must just buckle down and wait for this Biden administration to end, at least the part that is controlling the US Treasury and pretending to work with Iraq...the RV happening while the democrats are in power is slim to none! I have strong knowledge from my CBI contact this is what has been holding up the RV. The US Treasury will NOT release it... [Post 2 of 2] 7-24-2024 Intel/Newshound Guru Mnt Goat Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we know it prior to 1990. Prior to 1990, the rate of the dinar was hovering around $3.22. So why are they still artificially suppressing the rate now? Now, it’s 1/6 of a penny? The war has been over for 21 years, all of Chapter VII sanctions are lifted a year and a half ago, Iraq is producing 1/3 more oil than in 1990, their monetary reserves are the highest in history, up to 150 tons of GOLD and many more other marketable assets are now in motion... [Post 1 of 2....stay tuned] 7-24-2024 Intel Guru MarkZ [via PDK] ...I very much think they [Iraq] have done everything they needed to do…I am still hearing July is very much still in play. |