7-12-2020 Newshound Guru Adam Montana The rate - let's address that, because it's important...One of the most frustrating things about this adventure is the math... The value WILL go up. The question is, and always has been... How much, and when?... Unfortunately, there is no way to know for sure. That's why this is called "speculation" instead of "guaranteed", just like "fishing" isn't called "catching". (We all know how many fish you catch if you never throw a line out!) ...What we CAN do is make reasonable guesses. We can form informed opinions. ...I think the Iraqi Dinar should have a higher value, and I think we are simply waiting on the HCL...to be finalized… then it will be “GO” time! ...HCL is next. The RV will be shortly after that, or it will happen simultaneously. Either way... we are closing in on the final day. ... Go HCL, Go Iraq, GO RRRRRVVVVVV!!!
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-11-2020 Intel Guru Delta Article: "Al-Kazemi: The time to waste money has gone nowhere and today is launching a new phase" Quote: "...we will proceed to restore the prestige of the state and the law, and it is an opportunity to start for the future." LIKE I SAID FAMILY...THEY STARTED PORT CONTROL ...MORE GOOD THINGS ARE COMING ...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 years ago – when we looked into it all - almost 16 yrs now...So I was telling you this to let you know that maybe what Dr Shabibi spoke was prophetic...
7-11-2020 Intel Guru Frank26 We were the first to bring you IOO...where the CBI has made it clear that we have representation around the world. You could call them satellite banks but I don't like that. They're private banks of the CBI...they were first established in the United States...you may be able to go into one of those CBI banks that represent the CBI in the Untied States and exchange them there. You may not want to exchange them into your currency of choice. You may just want to deposit them as Iraqi Dinars. Why? Maybe you're not satisfied with the exchange rate that came out...maybe you're waiting for it to be at a higher rate internationally and you want to just store them in there. As soon as the value goes up these banks will go up and the reason why is because the CBI has to retrieve their 3 zeros. They've gotten about 70% of them back but the Fab 4 want this to continue...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 years ago – when we looked into it all - almost 16 yrs now...So I was telling you this to let you know that maybe what Dr Shabibi spoke was prophetic...
7-11-2020 Intel Guru Frank26 We were the first to bring you IOO...where the CBI has made it clear that we have representation around the world. You could call them satellite banks but I don't like that. They're private banks of the CBI...they were first established in the United States...you may be able to go into one of those CBI banks that represent the CBI in the Untied States and exchange them there. You may not want to exchange them into your currency of choice. You may just want to deposit them as Iraqi Dinars. Why? Maybe you're not satisfied with the exchange rate that came out...maybe you're waiting for it to be at a higher rate internationally and you want to just store them in there. As soon as the value goes up these banks will go up and the reason why is because the CBI has to retrieve their 3 zeros. They've gotten about 70% of them back but the Fab 4 want this to continue...
7-10-2020 Newshound Guru MilitiaMan They don’t seem to have time to wait from what we/I see. ...The recent sounds out of the global entities is about reforms. Fixing global fiscal issues. There are comprehensive mediations going on In Iraq along with the declaration again from the likes of the IMF to fix international fiscal issues too...I’ll be looking for the que, as the timing has already begun. Imo...
7-10-2020 Intel Guru Bruce ...we know that the situation with Iraq is going to be manifest with Iraq sending a delegation of 5 - 6 people to the US to meet with President Trump and to make an announcement - coming in either on Sunday or Monday and they’re going to either announce that they are a sovereign nation along with President Trump and I don’t know who else will be there but it might very well be...our old friend Sinan Al Shabibi...We are very very close – we know the rest of the world has started and we are taking up the rear – and finishing up with our best information from very high sources – we are looking at the announcement with President Trump and Alak “maybe” Dr Shabibi...I am very very excited about where we are right now...realize that it’s coming to us... [post 2 of 2]
7-10-2020 Intel Guru Bruce [via WiserNow] ...we had confirmation that exchanges were being done...in Canada – as well as a number of other countries around the globe – and it may very well be that we are the last country to come into the exchange and redemption process...we know for example what the rates were that people exchanged for in Canada – and I know of exchanges that took place since last Friday...we talked about the Far East having started exchanges as early as the 1st of July – What it amounts to is it’s not that we’re not getting it done – this is a plan where we have the position of going last...why is that? Some of it is based on security concerns – and the other is that the rates that are neighbors to the north are picking up on...the dinar and dong are not going to be the same values that we are going to get – down here in the lower 48 – also include Alaska and Hawaii...they should be higher... [post 1 of 2....stay tuned]
7-10-2020 Newshound/Intel Guru Mnt Goat Article: "A SERIOUS" NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY" ...all this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?...
7-10-2020 Intel Guru MarkZ [via PDK] As for the banking side as far as currency redemptions go- they are being exceptionally quiet right now. They are not leaking a thing... Spoke with a contact at a redemption center and they are on call this weekend. This is the first weekend in a while that they were told to be on call and prepared… Hopefully it means something...I know we are very close…whether it’s this weekend or not…fingers crossed.
7-10-2020 Intel Guru Frank26 When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes...
7-10-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
7-10-2020 Newshound Guru Pimpy ...the fact that the International Financial Action Group has already removed Iraq off their list of money laundering people...this is really big big news. Because this means the international community is starting to realize that Iraq is doing something about the levels of corruption in this country. Again, there's a meeting coming up with Trump real soon...at this pace we may see the Iraq dinar be recognized on the international scene really super soon here. Having said that does that mean there's going to be a change in rate? I don't know. But I know the first biggest step is to have the sovereignty of Iraq recognized internationally. That means restrictions get removed off their currency. What does that mean Pimpy? Well that means if you have a bank that deals with foreign currency you should be able to go in and purchase it or exchange it...if they remove these types of restrictions that's what we want...The next move after that would be the reinstatement of a rate...
7-10-2020 Intel Guru Bruce ...we know that the situation with Iraq is going to be manifest with Iraq sending a delegation of 5 - 6 people to the US to meet with President Trump and to make an announcement - coming in either on Sunday or Monday and they’re going to either announce that they are a sovereign nation along with President Trump and I don’t know who else will be there but it might very well be...our old friend Sinan Al Shabibi...We are very very close – we know the rest of the world has started and we are taking up the rear – and finishing up with our best information from very high sources – we are looking at the announcement with President Trump and Alak “maybe” Dr Shabibi...I am very very excited about where we are right now...realize that it’s coming to us... [post 2 of 2]
7-10-2020 Intel Guru Bruce [via WiserNow] ...we had confirmation that exchanges were being done...in Canada – as well as a number of other countries around the globe – and it may very well be that we are the last country to come into the exchange and redemption process...we know for example what the rates were that people exchanged for in Canada – and I know of exchanges that took place since last Friday...we talked about the Far East having started exchanges as early as the 1st of July – What it amounts to is it’s not that we’re not getting it done – this is a plan where we have the position of going last...why is that? Some of it is based on security concerns – and the other is that the rates that are neighbors to the north are picking up on...the dinar and dong are not going to be the same values that we are going to get – down here in the lower 48 – also include Alaska and Hawaii...they should be higher... [post 1 of 2....stay tuned]
7-10-2020 Newshound/Intel Guru Mnt Goat Article: "A SERIOUS" NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY" ...all this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?...
7-10-2020 Intel Guru MarkZ [via PDK] As for the banking side as far as currency redemptions go- they are being exceptionally quiet right now. They are not leaking a thing... Spoke with a contact at a redemption center and they are on call this weekend. This is the first weekend in a while that they were told to be on call and prepared… Hopefully it means something...I know we are very close…whether it’s this weekend or not…fingers crossed.
7-10-2020 Intel Guru Frank26 When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes...
7-10-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
7-10-2020 Newshound Guru Pimpy ...the fact that the International Financial Action Group has already removed Iraq off their list of money laundering people...this is really big big news. Because this means the international community is starting to realize that Iraq is doing something about the levels of corruption in this country. Again, there's a meeting coming up with Trump real soon...at this pace we may see the Iraq dinar be recognized on the international scene really super soon here. Having said that does that mean there's going to be a change in rate? I don't know. But I know the first biggest step is to have the sovereignty of Iraq recognized internationally. That means restrictions get removed off their currency. What does that mean Pimpy? Well that means if you have a bank that deals with foreign currency you should be able to go in and purchase it or exchange it...if they remove these types of restrictions that's what we want...The next move after that would be the reinstatement of a rate...
7-3-2020 Intel Guru Footforward [...that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. ...what do you...think about this statement?] [Reference Guru Mnt Goat post 7-3-2020] I absolutely disagree. No one in their right mind would give Iraq a loan of any kind and they had been rejected over and over for loans until the white papers came out. Now suddenly, even Mike Pompeo says they will lend them all the money they need? The people loaning them money have an assurance they will get their money back. With oil prices being so low, the only thing that makes sense is an RV. That's my opinion...
7-3-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency...
7-3-2020 Intel Guru Bruce [via WiserNow] We don’t exactly have our notifications happening over the weekend – now we’re looking at this thing changing and we have a moving target – now we’re looking closer at the possibility of being notified ...Monday...Monday afternoon...or possibly Tuesday...the more likely start would be on Tuesday... I know...Iraq is ready...there was a question as to whether Iraq would make payroll yesterday – my understanding is that they did everything they needed to do on the 1st...I know that we are positioned now we believe to go forward...this should be releasing for us very soon...
7-3-2020 Newshound Guru MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo.
7-3-2020 Intel Guru Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
7-3-2020 Intel Guru MarkZ [via PDK] ...Banking contacts still believe we will see it before the end of the day on july 6th. We shall see...no change of rate in Iraq…yet. I do believe we are awfully close and I do not believe we are waiting until November.
7-3-2020 Newshound/Intel Guru Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….
7-3-2020 Newshound Guru Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget. [Post 2 of 2]
7-3-2020 Newshound Guru Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq... [Post 1 of 2....stay tuned]
7-3-2020 Intel Guru Footforward [What are you sensing about the dong?] ...No one has info on the dong right now. ...Vietnam has basically gone dark...They don't want people to know what is happening. But it's so obvious to me. ...there's been nothing on the dong. It's been absolute radio silence for close to a month now...but I can feel that it's going as it's supposed to go and that it just very suddenly is going to happen with no warning...
7-3-2020 Intel Guru RayRen98 From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist. This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV. (REMEMBER: Watch what they DO... not what they say)
7-3-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency...
7-3-2020 Intel Guru Bruce [via WiserNow] We don’t exactly have our notifications happening over the weekend – now we’re looking at this thing changing and we have a moving target – now we’re looking closer at the possibility of being notified ...Monday...Monday afternoon...or possibly Tuesday...the more likely start would be on Tuesday... I know...Iraq is ready...there was a question as to whether Iraq would make payroll yesterday – my understanding is that they did everything they needed to do on the 1st...I know that we are positioned now we believe to go forward...this should be releasing for us very soon...
7-3-2020 Newshound Guru MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo.
7-3-2020 Intel Guru Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
7-3-2020 Intel Guru MarkZ [via PDK] ...Banking contacts still believe we will see it before the end of the day on july 6th. We shall see...no change of rate in Iraq…yet. I do believe we are awfully close and I do not believe we are waiting until November.
7-3-2020 Newshound/Intel Guru Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….
7-3-2020 Newshound Guru Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget. [Post 2 of 2]
7-3-2020 Newshound Guru Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq... [Post 1 of 2....stay tuned]
7-3-2020 Intel Guru Footforward [What are you sensing about the dong?] ...No one has info on the dong right now. ...Vietnam has basically gone dark...They don't want people to know what is happening. But it's so obvious to me. ...there's been nothing on the dong. It's been absolute radio silence for close to a month now...but I can feel that it's going as it's supposed to go and that it just very suddenly is going to happen with no warning...
7-3-2020 Intel Guru RayRen98 From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist. This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV. (REMEMBER: Watch what they DO... not what they say)
7-9-2020 Intel Guru Frank26 Question: "Frank, when it happens will you give me the "800#"? Guru XYZ says that he's gonna give us 800# - the only place where we can exchange our dinars." Oh ye of little knowledge and you believe that? No, there's no such thing as an 800 number for you to call to exchange. What you want to do is you're going to find hopefully a large bank...the smaller banks are handicapped. You can go to a small bank but you're risking your currency to be divorced from you. That's not good...major banks that's where I would go. There are brokers they could probably help you as well too if you trust them...find a major reputable bank. Tell them you want to do business with them and get the perks. Everything that you can...if you feel they're ripping you off go somewhere else. You're in control. You've got the power for the first time in a long time. Don't lose it...
7-9-2020 Newshound/Intel Guru Petra ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO...
7-9-2020 Intel Guru Footforward ...I just want to encourage you guys that we are really close.
7-9-2020 Intel Guru MarkZ [via PDK] ...so overnight there were no changes in value...in Iraq... Still in an “Intel Blackout” for most of my contacts. They have really clamped down on any news and any leaks…. I did reach out to a redemption center person and they are keeping them all on call there. At redemption centers they are all geared up and have taken precautions. They have masks and gloves. They are prepared and waiting on a “go” as well. Somebody pointed this out after finally getting in touch with their contacts at exchange centers - “Why would they have these if we were not going to exchange?” Our exchange is coming guys and it’s getting closer day by day.
7-9-2020 Intel Guru Frank26 There's some of you that say, 'guru X, Y & Z says there's no taxes to be paid on this capital gains. none.' Like our government is going to allow that! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains... [Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.]
7-9-2020 Newshound Guru Pimpy There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our president Trump to come out and make this announcement that hey we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news.
7-9-2020 Guest Guru Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a preemptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country. ...IMO, we are at the goal line waiting to cross for lack of a better metaphor. [post 2 of 2]
7-9-2020 Guest Guru Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made. [post 1 of 2....stay tuned]
7-9-2020 Intel Guru Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you and it has with a few of you but it must not fail with the citizens. This is the key to the monetary reform success...
7-9-2020 Newshound/Intel Guru Petra ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO...
7-9-2020 Intel Guru Footforward ...I just want to encourage you guys that we are really close.
7-9-2020 Intel Guru MarkZ [via PDK] ...so overnight there were no changes in value...in Iraq... Still in an “Intel Blackout” for most of my contacts. They have really clamped down on any news and any leaks…. I did reach out to a redemption center person and they are keeping them all on call there. At redemption centers they are all geared up and have taken precautions. They have masks and gloves. They are prepared and waiting on a “go” as well. Somebody pointed this out after finally getting in touch with their contacts at exchange centers - “Why would they have these if we were not going to exchange?” Our exchange is coming guys and it’s getting closer day by day.
7-9-2020 Intel Guru Frank26 There's some of you that say, 'guru X, Y & Z says there's no taxes to be paid on this capital gains. none.' Like our government is going to allow that! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains... [Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.]
7-9-2020 Newshound Guru Pimpy There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our president Trump to come out and make this announcement that hey we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news.
7-9-2020 Guest Guru Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a preemptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country. ...IMO, we are at the goal line waiting to cross for lack of a better metaphor. [post 2 of 2]
7-9-2020 Guest Guru Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made. [post 1 of 2....stay tuned]
7-9-2020 Intel Guru Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you and it has with a few of you but it must not fail with the citizens. This is the key to the monetary reform success...
7-8-2020 Intel Guru Bruce [via WiserNow] Now – let’s talk a little bit about what has happened...there was a meeting...This meeting had Judy Shelton – some key figures out west...the meeting was trying to get this thing pushed through – this was the 6th attempt..to try to get this done...The word we had was...that it was released to go and...what exactly happened? That’s what we don’t know...I don’t know where it puts us – but it has to be closer – closer to the point where – maybe since we have the schedule something is going to happen tomorrow [Wednesday] or Thursday for us...I’m going to suggest that we... kinda just take a chill pill- take a breath and let this thing manifest and come to us...We know things are moving forward...we are ready from what we can tell... [post 2 of 2]
7-8-2020 Intel Guru Bruce [via WiserNow] We did not get the announcement that I thought we would hopefully get on the 4th of July – or on the 3rd of July out of Mt Rushmore ... I’m not holding my breath for any announcements – anymore – we’ll get them when we get them...Now - here’s the thing – we are in a position where things are getting quieter and quieter – usually from the banks – we have heard some things over the last 4 days or so – and actually we had heard that we would be able to get started today - but that did not happen – and this was from a very very good couple of sources...but as you know things have changed so dramatically in this event that it’s hard to predict... [post 1 of 2....stay tuned]
7-8-2020 Guest Guru Texas Snake [via PDK] Having been in investment banking for many years I have some really good contacts. I had a call in the middle of the night with some folks from London and Hong Kong. They are very confident that between now and the middle of the month that this thing should go.
7-8-2020 Newshound Guru Adam Montana ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...
7-8-2020 Intel Guru Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united...
7-8-2020 Intel Guru MarkZ [vis PDK] [Have exchanges started in Canada?] I am confidant they have not started in Canada. This is from banking contacts at Royal Bank and Scots. I have a number of different bank connections and Whales there. Noone has confirmed any exchanges there. They blatantly said it has not started. ...And speaking with attorneys out west...they are really leaning on them to not share any info…and to stay close, within an hour two of being in position. I still feel like we are close. I am really tired of all the smoke and dis-information…very frustrating.
7-8-2020 Newshound Guru MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo We shall see...
7-8-2020 Intel Guru Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring into help them with...economic reforms...
7-8-2020 Intel Guru Bruce [via WiserNow] We did not get the announcement that I thought we would hopefully get on the 4th of July – or on the 3rd of July out of Mt Rushmore ... I’m not holding my breath for any announcements – anymore – we’ll get them when we get them...Now - here’s the thing – we are in a position where things are getting quieter and quieter – usually from the banks – we have heard some things over the last 4 days or so – and actually we had heard that we would be able to get started today - but that did not happen – and this was from a very very good couple of sources...but as you know things have changed so dramatically in this event that it’s hard to predict... [post 1 of 2....stay tuned]
7-8-2020 Guest Guru Texas Snake [via PDK] Having been in investment banking for many years I have some really good contacts. I had a call in the middle of the night with some folks from London and Hong Kong. They are very confident that between now and the middle of the month that this thing should go.
7-8-2020 Newshound Guru Adam Montana ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...
7-8-2020 Intel Guru Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united...
7-8-2020 Intel Guru MarkZ [vis PDK] [Have exchanges started in Canada?] I am confidant they have not started in Canada. This is from banking contacts at Royal Bank and Scots. I have a number of different bank connections and Whales there. Noone has confirmed any exchanges there. They blatantly said it has not started. ...And speaking with attorneys out west...they are really leaning on them to not share any info…and to stay close, within an hour two of being in position. I still feel like we are close. I am really tired of all the smoke and dis-information…very frustrating.
7-8-2020 Newshound Guru MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo We shall see...
7-8-2020 Intel Guru Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring into help them with...economic reforms...
7-7-2020 Intel Guru Footforward [...will I have to have receipts for tax purposes?] I honestly don't know if anyone really knows how this will be taxed yet. Receipts help potentially but I don't have receipts for all of mine either. There are alot of ways to defer taxes too. [Consult your tax professional at the appropriate time.]
7-7-2020 Intel Guru Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]
7-7-2020 Newshound/Intel Guru Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran. [post 2 of 2]
7-7-2020 Newshound/Intel Guru Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions... [post 1 of 2....stay tuned]
7-7-2020 Intel Guru MarkZ [via PDK] ...What I am being told from 3 different locations is Asia, Europe and out west (Treasury west I like to call it-Reno) that there are meetings this afternoon to set a definitive time scale or schedule. There are many people with appointments on Wed and Thurs of this week. I am hopeful that this could be it...We are very close…you can see it from everything happening in the world.
7-7-2020 Intel Guru Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they need to do...
7-7-2020 Newshound Guru Jeff when you see them bring forth the budget that's when you're gonna see the rate change. It's that simple. Just follow the movement of a budget and this will literally walk you right to the finish line. You're gonna know they're gonna change the rate...That's why they're very clearly hiding a budget from you. Does not get any more cut and dry or easier than that. The facts favor this year more than ever...the "white paper" and the "analyzing the exchange rate" is a game plan and a form of setting the stage to strongly change the rate...this year...
7-7-2020 Newshound Guru Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
7-7-2020 Intel Guru MarkZ [via PDK] [...heard rv maybe late sept or march 2021...] I have not heard anything pointing to that far off at all.
7-7-2020 Intel Guru Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]
7-7-2020 Newshound/Intel Guru Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran. [post 2 of 2]
7-7-2020 Newshound/Intel Guru Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions... [post 1 of 2....stay tuned]
7-7-2020 Intel Guru MarkZ [via PDK] ...What I am being told from 3 different locations is Asia, Europe and out west (Treasury west I like to call it-Reno) that there are meetings this afternoon to set a definitive time scale or schedule. There are many people with appointments on Wed and Thurs of this week. I am hopeful that this could be it...We are very close…you can see it from everything happening in the world.
7-7-2020 Intel Guru Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they need to do...
7-7-2020 Newshound Guru Jeff when you see them bring forth the budget that's when you're gonna see the rate change. It's that simple. Just follow the movement of a budget and this will literally walk you right to the finish line. You're gonna know they're gonna change the rate...That's why they're very clearly hiding a budget from you. Does not get any more cut and dry or easier than that. The facts favor this year more than ever...the "white paper" and the "analyzing the exchange rate" is a game plan and a form of setting the stage to strongly change the rate...this year...
7-7-2020 Newshound Guru Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
7-7-2020 Intel Guru MarkZ [via PDK] [...heard rv maybe late sept or march 2021...] I have not heard anything pointing to that far off at all.
7-6-2020 Newshound Guru MilitiaMan Article: "Legal expert: The constitution gave the central government the power to control the country's outlets and send special forces to monitor it" Article quote: "...the flow of the currency market will be strengthened, strengthening the dinar." Now it is time to go to the international world with the new rate imo. We have the borders and the electronic system in place to get the money from the borders to the Federal Government...They have had a system in place, but, now they have an agreement with the Peshmerga and the Federal Government with the special forces bridging the gap at the borders. They will secure the funds that will come from the borders and those funds will allow for salaries and to start exporting to other countries the exchange trade...they are gearing to do what is in the White Papers. ...there is a direct motivation to get into the market economy, now, not later!!...
7-6-2020 Newshound Guru Jeff The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand...
7-6-2020 Intel Guru Frank26 Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your sight...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with.
7-6-2020 Newshound Guru Pimpy ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
7-6-2020 Intel Guru MarkZ [via PDK] No changes in value today anywhere that we can see at a street level. I wasn’t really expecting anything to happen until this evening …lots of positioning for exchanges. We just need to sit tight. We are not in charge of the timing but we do appear to be very close. It may not seem like I’m excited as I have to tell you all nothing happened yet…..but I am. We are very stinkin close.
7-6-2020 Newshound Guru Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now.
7-6-2020 Intel Guru Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground...
7-6-2020 Newshound Guru Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100% because we want them to increase the value of the dinar...
7-6-2020 Newshound Guru Jeff The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand...
7-6-2020 Intel Guru Frank26 Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your sight...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with.
7-6-2020 Newshound Guru Pimpy ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
7-6-2020 Intel Guru MarkZ [via PDK] No changes in value today anywhere that we can see at a street level. I wasn’t really expecting anything to happen until this evening …lots of positioning for exchanges. We just need to sit tight. We are not in charge of the timing but we do appear to be very close. It may not seem like I’m excited as I have to tell you all nothing happened yet…..but I am. We are very stinkin close.
7-6-2020 Newshound Guru Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now.
7-6-2020 Intel Guru Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground...
7-6-2020 Newshound Guru Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100% because we want them to increase the value of the dinar...
7-5-2020 Newshound Guru MilitiaMan Article: "Work is preparing to launch a second supplement to the rejected cards" Quote: "...the Ministry of Social Protection in the Ministry has completed its technical and financial procedures to launch the second supplement of subsidy salaries during the current week, for the cards that were previously suspended for various reasons." So what changed that required them to suspend their cards? Was it because the electronic system went down with a "E" - COVID - 19 VIRUS? lol Or could it have had to do with the delay for everyone's salaries to be adjusted accordingly to reflect their new purchase power? Time will tell. As, the timing of this is by my view no coincidence...We shall see in the coming days...
7-5-2020 Intel Guru Footforward [Do you feel we are within days] absolutely I do. I don't know how many days yet. But yes. The word is in motion.
7-5-2020 Newshound Guru Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency...
7-5-2020 Intel Guru Frank26 ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself.
7-5-2020 Newshound Guru Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.
7-5-2020 Newshound Guru Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump...
7-5-2020 Intel Guru Footforward [Do you feel we are within days] absolutely I do. I don't know how many days yet. But yes. The word is in motion.
7-5-2020 Newshound Guru Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency...
7-5-2020 Intel Guru Frank26 ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself.
7-5-2020 Newshound Guru Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.
7-5-2020 Newshound Guru Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump...
7-4-2020 Newshound Guru MilitiaMan Article: "Trebil port achieved more than 24 billion dinars in revenue last June" Quote: "What has been achieved from the increase in revenues as a result of the tightening of control and auditing procedures..." Here we go... They are getting the lead out... I like it. They have to at some point to literally go live with the market economy! This is an example they can! This is the confidence they need. Borrowing money to pay salaries in the way they imply is silly and not good business practice imo...
7-4-2020 Newshound Guru Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...
7-4-2020 Guest Guru Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.
7-4-2020 Intel Guru Footforward [I think most would be happy for a 1:1 rate.]
It won't be. It's supposed to be higher.
7-4-2020 Newshound Guru Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure but it definitely looks like there's something big going on and Iraqi dinar believe it or not is a big part of it.
7-4-2020 Newshound Guru Breitling ...We're in a very very good spot...Our window just got bigger. The value of the dinar - they need to take care of the budget - just got bigger. They just told us that it will be within 3 months that they're going to completely redo this thing and have a plan to implement all this. We've learned a lot in the last month. Probably more than the entire time we've been watching. They're putting the value on the table. They are telling you they need $66 per barrel and they're telling you the oil prices are never going to get there for the next few years. They are telling you ...they are going to put this stuff together and implement it within 3 months...they need to be able to afford to be in international markets, protect their reserves and have value added to their currency. That's the only way...
7-4-2020 Newshound Guru Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...
7-4-2020 Guest Guru Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.
7-4-2020 Intel Guru Footforward [I think most would be happy for a 1:1 rate.]
It won't be. It's supposed to be higher.
7-4-2020 Newshound Guru Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure but it definitely looks like there's something big going on and Iraqi dinar believe it or not is a big part of it.
7-4-2020 Newshound Guru Breitling ...We're in a very very good spot...Our window just got bigger. The value of the dinar - they need to take care of the budget - just got bigger. They just told us that it will be within 3 months that they're going to completely redo this thing and have a plan to implement all this. We've learned a lot in the last month. Probably more than the entire time we've been watching. They're putting the value on the table. They are telling you they need $66 per barrel and they're telling you the oil prices are never going to get there for the next few years. They are telling you ...they are going to put this stuff together and implement it within 3 months...they need to be able to afford to be in international markets, protect their reserves and have value added to their currency. That's the only way...
7-2-2020 Intel Guru MarkZ [So are we still waiting another 10 days...?] No we are not…In Kuwait we know that they waited that long to announce it…Indonesia has also done it in the past. Those were historic examples. Many RV’s have happened throughout history…Germany, Japan and there are more who made tremendous changes in their currency value. I am not looking for 10 days. In the past you could keep the press quiet but in today’s world with the internet I do not think they can keep it quiet...so we are expecting a shotgun start.
7-2-2020 Intel Guru Delta ...There's two big events...one of them is July 15th which we believe is the last day for Allaq the governor of the CBI should be removed and replaced...Unless the Prime Minister...extends his duties. The other one, we all know, that July 24th the Prime Minister is invited to visit the White House...logic says if this is the case, you will come to the U.S. you have to come up after the fact so they can congratulate you...we do believe that according to around that time period we should see something in our opinion...
7-2-2020 Intel Guru Bruce ...This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account... [NOTE: Other gurus suggest any money made on dinars will be taxed in the United States as "ordinary income" - several other tax possibilities have floated around the community too. In the tax realm the only opinion that matters is the IRS. So speak with your tax professional and/or IRS at the appropriate time about this and other tax possibilities.]
7-2-2020 Newshound Guru Adam Montana The new PM Kazzamie is operating efficiently and effectively. We are going to hear some distractions and criticisms, but he is doing a great job in my opinion.
7-2-2020 Newshound Guru Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is me explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... [NOTE: If you're new you can also start with the START HERE tab above]
7-2-2020 Newshound Guru MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate.
7-2-2020 Newshound Guru Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together...
7-2-2020 Intel Guru MarkZ [via PDK] I am still being told by bank contacts, that as frustrating as it is…they are still told that over the next 5 days now, to be prepared and on call to come in at any moment.
7-2-2020 Newshound Guru Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary.
7-2-2020 Newshound Guru Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for.
7-2-2020 Intel Guru Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that...
7-2-2020 Newshound Guru Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck... [Post 2 of 2]
7-2-2020 Newshound Guru Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it... [Post 1 of 2....stay tuned]
7-2-2020 Intel Guru Delta ...There's two big events...one of them is July 15th which we believe is the last day for Allaq the governor of the CBI should be removed and replaced...Unless the Prime Minister...extends his duties. The other one, we all know, that July 24th the Prime Minister is invited to visit the White House...logic says if this is the case, you will come to the U.S. you have to come up after the fact so they can congratulate you...we do believe that according to around that time period we should see something in our opinion...
7-2-2020 Intel Guru Bruce ...This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account... [NOTE: Other gurus suggest any money made on dinars will be taxed in the United States as "ordinary income" - several other tax possibilities have floated around the community too. In the tax realm the only opinion that matters is the IRS. So speak with your tax professional and/or IRS at the appropriate time about this and other tax possibilities.]
7-2-2020 Newshound Guru Adam Montana The new PM Kazzamie is operating efficiently and effectively. We are going to hear some distractions and criticisms, but he is doing a great job in my opinion.
7-2-2020 Newshound Guru Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is me explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... [NOTE: If you're new you can also start with the START HERE tab above]
7-2-2020 Newshound Guru MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate.
7-2-2020 Newshound Guru Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together...
7-2-2020 Intel Guru MarkZ [via PDK] I am still being told by bank contacts, that as frustrating as it is…they are still told that over the next 5 days now, to be prepared and on call to come in at any moment.
7-2-2020 Newshound Guru Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary.
7-2-2020 Newshound Guru Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for.
7-2-2020 Intel Guru Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that...
7-2-2020 Newshound Guru Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck... [Post 2 of 2]
7-2-2020 Newshound Guru Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it... [Post 1 of 2....stay tuned]
7-1-2020 Guest Guru Petra ...all the effort. All the work. All the development. All the mechanisms. Everything that's been done. Everything that we await. Can it be done without a change in the rate? It can't. Everything we're talking about here is critical...Every single thing we've been talking about the last several weeks must have a rate change for it to be engaged...it's a time bomb and it's ticking down...
7-1-2020 Intel Guru Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be...
7-1-2020 Intel Guru Bruce ...I’ve had times before – I’ve probably put them out many times...before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release...We are up against some kind of time line here – whereby we should get started... What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex...What my understanding is...we’re going to get this party started...
7-1-2020 Intel Guru Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
7-1-2020 Intel Guru Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never.
7-1-2020 Newshound Guru Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for...
7-1-2020 Newshound Guru Adam Montana These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV!!!
7-1-2020 Intel Guru MarkZ What I received from bankers is nobody received dollars or were able to keep their appointments last night...they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days...there is a lot of activity. I have always said that none of us know the exact timing, nor are we supposed to for security reasons. I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.
7-1-2020 Newshound Guru MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
7-1-2020 Newshound Guru Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it.
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
7-1-2020 Intel Guru Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be...
7-1-2020 Intel Guru Bruce ...I’ve had times before – I’ve probably put them out many times...before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release...We are up against some kind of time line here – whereby we should get started... What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex...What my understanding is...we’re going to get this party started...
7-1-2020 Intel Guru Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
7-1-2020 Intel Guru Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never.
7-1-2020 Newshound Guru Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for...
7-1-2020 Newshound Guru Adam Montana These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV!!!
7-1-2020 Intel Guru MarkZ What I received from bankers is nobody received dollars or were able to keep their appointments last night...they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days...there is a lot of activity. I have always said that none of us know the exact timing, nor are we supposed to for security reasons. I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.
7-1-2020 Newshound Guru MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
7-1-2020 Newshound Guru Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it.
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
6-30-2020 Intel Guru RayRen98 Today June 30, 2020, the employees salaries were not paid. TV reporting sources in the CBI reveals a development that will allow the distribution of the June salaries within 2 days. A source pointed out that the ministry will start tomorrow, Wednesday, to send a notice to banks to gradually release the salaries of employees in ministries, government departments. The Parliamentary Finance Committee said earlier today, Tuesday, that the government’s financial liquidity to pay the salaries of employees is available, stressing at the same time that the ministry did not send a directive to banks to pay salaries.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-29-2020 *** Dinar Guru News FLASH *** One guru is reporting that Zimbabwe's currency may have RV'd/changed in value. Reports are sketchy but word is local banks that deal in currency exchange will exchange Zim notes for a newer Zim note. They'll then exchange THAT note for your local currency. If you're in the United States that would be the U.S. dollar. As for the rate...reports are people are making thousands on their investment not millions - a solid return. If you own Zim and exchange please contact me above and share your experience. Stay tuned as this story unfolds and the other gurus chime in on how this impacts the dinar. The latest guru posts will continue below...
6-29-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$$$$ MAKE SURE YOUR SEATBELT IS "STILL" FASTENED.
6-29-2020 Intel Guru MarkZ [via PDK] A lot of positioning over the weekend...There was a lot of paperwork updated over the weekend... I cannot find anybody with actual dollars yet though. But they are being told it will be this week. There is a lot of really good chatter right now. There are many appointments set for tomorrow now. Iraqi connections are still very hopeful they will see a new rate by Wednesday. There is a great deal of mis-information right now being purposely sown to everyone…makes us think we are very close.
6-29-2020 Newshound Guru Breitling ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot...
6-29-2020 Newshound Guru MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...
6-29-2020 Newshound/Intel Guru Randy Koonce Iraq is finally ready to be DONE! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate. The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...[You can always find the latest official CBI rate is listed on the left side of this page.] [post 2 of 2]
6-29-2020 Newshound/Intel Guru Randy Koonce How are you makin it. Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is . . . [post 1 of 2....stay tuned]
6-29-2020 Intel Guru MarkZ [via PDK] A lot of positioning over the weekend...There was a lot of paperwork updated over the weekend... I cannot find anybody with actual dollars yet though. But they are being told it will be this week. There is a lot of really good chatter right now. There are many appointments set for tomorrow now. Iraqi connections are still very hopeful they will see a new rate by Wednesday. There is a great deal of mis-information right now being purposely sown to everyone…makes us think we are very close.
6-29-2020 Newshound Guru Breitling ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot...
6-29-2020 Newshound Guru MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...
6-29-2020 Newshound/Intel Guru Randy Koonce Iraq is finally ready to be DONE! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate. The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...[You can always find the latest official CBI rate is listed on the left side of this page.] [post 2 of 2]
6-29-2020 Newshound/Intel Guru Randy Koonce How are you makin it. Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is . . . [post 1 of 2....stay tuned]
6-28-2020 Newshound Guru MilitiaMan Article: "Iraqi banks are waiting for a notice to launch salaries within 24 hours" They postponed the salaries for up to 24 hours... The government banks are awaiting a notice...One that is different than in the past...This imo sure looks like the agreement the Kurds have made and signed yesterday, in that they signed the comprehensive agreement, it suggests there was a need to adjust things for the electronic system to make payments...Keep in mind the adjustments at the borders are to have electronic adjustments in line by the 1st of July for shipping, border crossing, taxes, tariffs, fees, etc. Also take note that there will be a parliament session on Monday the 29th. The 2020 Budget is to be sorted by the 30th. The Kurds signing the comprehensive agreement yesterday, imo would have had the 2019 FMLA on the table. That 2019 FMLA is the mechanism or is imo the key to the RI. See the picture being painted? It surely looks promising this is coming to a head! imo It is all lining up! imo.
6-28-2020 Newshound Guru Kaperoni ...guru MarkZ thinks the CBI is stopping the auction. Wrong! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to under the current conditions.
6-28-2020 Newshound/Intel Guru Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work.
6-28-2020 Intel Guru RayRen98 Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi.
6-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this...Wow!!
6-28-2020 Newshound Guru Kaperoni ...guru MarkZ thinks the CBI is stopping the auction. Wrong! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to under the current conditions.
6-28-2020 Newshound/Intel Guru Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work.
6-28-2020 Intel Guru RayRen98 Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi.
6-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this...Wow!!
6-27-2020 Newshound Guru Pimpy this guy [PM Kazemi] is starting to become a hero for the Iraqi people. He really is. He seems to be really doing what's necessary to help out not only the Iraqi people but the Middle East in general...he is literally weaning out those Iranian puppets...this is a huge and bold move...for some strange reason Iran has been very very quiet about everything. I don't know what that means. I haven't been able to figure out why that is...why after all this hassle is Iran being so quiet? There's a weird part of me that thinks they're thinking, 'great once Biden is in then we'll do what we need to do. But until then let's remain quiet.' That's what's going through my head. We will see. Every day I keep seeing more and positive news that tells us that we're almost there...we are way closer than we've ever been before and something tells me there's more on the line of what's happened in Iraq here in the United State in regards to Trump's reelection.
6-27-2020 Intel Guru MarkZ ...None of the folks that had appointments yesterday received any funds…the appointments were all postponed. Some for over the weekend but most on Monday... There was no change of rate this morning in Iraq. I still feel it will be done before early July and we will have 120 days of disclosure before the elections...
6-27-2020 Newshound Guru Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...
6-27-2020 Newshound Guru Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...
6-27-2020 Newshound Guru Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen... [Post 2 of 2]
6-27-2020 Newshound Guru Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... [post 1 of 2....stay tuned]
6-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks.
6-27-2020 Newshound Guru Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff!
[Reference Adam Montana post 6-24-2020]
6-27-2020 Intel Guru MarkZ ...None of the folks that had appointments yesterday received any funds…the appointments were all postponed. Some for over the weekend but most on Monday... There was no change of rate this morning in Iraq. I still feel it will be done before early July and we will have 120 days of disclosure before the elections...
6-27-2020 Newshound Guru Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...
6-27-2020 Newshound Guru Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...
6-27-2020 Newshound Guru Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen... [Post 2 of 2]
6-27-2020 Newshound Guru Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... [post 1 of 2....stay tuned]
6-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks.
6-27-2020 Newshound Guru Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff!
[Reference Adam Montana post 6-24-2020]
6-25-2020 *** Dinar Guru News Update *** The inventory of the Iraqi dinar in the U.S. market continues to tighten up. Some brokers are struggling to keep it in stock. As expected during a supply shortage the price to buy the dinar has increased. The sell price has also increased. If you're buying or selling currency, be sure you use a reputable source and confirm they have dinar on hand to ship you. The guru have always said the supply of the dinar would dry up when the RV/rate change was near...It's unclear whether the shortage we're seeing now is because of Iraq's change in policy or corona related. Stay tuned as the gurus chime in on this important issue. The latest guru post will continue below...
6-26-2020 Newshound Guru Pimpy ...the news just keeps getting more and more exciting. I almost quit my job this morning. I'm not even kidding. I had to calm myself down. I'm so sure this is getting ready to happen I literally typed up my resignation letter and had it in the drafts getting ready to email my boss...I didn't send it thank God but I sure as hell was thinking about it...we need to come back to reality. It's hard not to feel this way...I can't comment on anything prior to 2018. My experience started at 2018 but just in my short period of time I don't think we've ever been so close to a rate change...last year we saw a lot of activities and we thought for sure it was gonna happen but that is nothing compared to where we are right now. So all those naysayers out there get ready because I have a feeling that we'll be able to laugh back at those naysayers and say see we told you so...
6-26-2020 Intel Guru Bruce [via WiserNow] ...There are things happening – definitely happening now...This thing can go at any time for us – even on Friday – even on a Saturday – so what I’m thinking is that we should stay tuned and see if this thing doesn’t pop – in the time frame I just suggested...we do know that rates are going to be good don’t worry about the rate...again – this is a moving target – but...things were moving forward for us and we believe we are on our way to getting started within 24 hours so that means we could set appointments and go on exchanges quite possibly tomorrow [Friday] or Saturday...
6-26-2020 Newshound Guru Jeff On July 24 Kazemi will be going to Washington to visit the Trump Administration to continue the strategic dialogs...It does appear they might only be keeping Allaq in position long enough to complete the rate change - the reinstatement...Allaq's temporary proxy position has only been extended through July 15.
6-26-2020 Newshound Guru Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year.
6-26-2020 Intel Guru MarkZ [via PDK] There are a number of appointments slated today, over the weekend and Monday with some of the biggest whales and some of the biggest ministry groups. I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
6-26-2020 Newshound Guru Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good...
6-26-2020 Newshound Guru MilitiaMan Article: "Clarification on foreign reserves in the Central Bank of Iraq" Quote: "...the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards - represents the ability of the monetary authority to defend the local currency exchange rate"... This article ought to be one we all smile about... Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice...imo...This is timed accordingly...
6-26-2020 Newshound Guru Pimpy ...people are saying they're finding it harder and harder to stay motivated about going into work because they feel like this thing's gonna happen any day...I'm in the same boat as you. But you can't allow that feeling to overwhelm you. My job has all of a sudden become, you know, I just can't feel motivated to go. That's because every day the news just keeps seeming better and better and it feels like we're getting closer. So I have to tell myself to snap out of it. I don't want you to start counting your chickens before they hatch...yes everything is looking good...but don't make any assumptions. I literally typed up my resignation letter because I can't feel motivated to go to work and that's really really bad. So hang tight. We'll ride this bad boy out and we'll see what happens. Trust me I can't wait...It looks so good, so much so that it is a little bit hard to feel motivated everyday to go to work. I feel you but don't quit yet.
6-26-2020 Intel Guru Bruce [via WiserNow] ...There are things happening – definitely happening now...This thing can go at any time for us – even on Friday – even on a Saturday – so what I’m thinking is that we should stay tuned and see if this thing doesn’t pop – in the time frame I just suggested...we do know that rates are going to be good don’t worry about the rate...again – this is a moving target – but...things were moving forward for us and we believe we are on our way to getting started within 24 hours so that means we could set appointments and go on exchanges quite possibly tomorrow [Friday] or Saturday...
6-26-2020 Newshound Guru Jeff On July 24 Kazemi will be going to Washington to visit the Trump Administration to continue the strategic dialogs...It does appear they might only be keeping Allaq in position long enough to complete the rate change - the reinstatement...Allaq's temporary proxy position has only been extended through July 15.
6-26-2020 Newshound Guru Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year.
6-26-2020 Intel Guru MarkZ [via PDK] There are a number of appointments slated today, over the weekend and Monday with some of the biggest whales and some of the biggest ministry groups. I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
6-26-2020 Newshound Guru Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good...
6-26-2020 Newshound Guru MilitiaMan Article: "Clarification on foreign reserves in the Central Bank of Iraq" Quote: "...the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards - represents the ability of the monetary authority to defend the local currency exchange rate"... This article ought to be one we all smile about... Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice...imo...This is timed accordingly...
6-26-2020 Newshound Guru Pimpy ...people are saying they're finding it harder and harder to stay motivated about going into work because they feel like this thing's gonna happen any day...I'm in the same boat as you. But you can't allow that feeling to overwhelm you. My job has all of a sudden become, you know, I just can't feel motivated to go. That's because every day the news just keeps seeming better and better and it feels like we're getting closer. So I have to tell myself to snap out of it. I don't want you to start counting your chickens before they hatch...yes everything is looking good...but don't make any assumptions. I literally typed up my resignation letter because I can't feel motivated to go to work and that's really really bad. So hang tight. We'll ride this bad boy out and we'll see what happens. Trust me I can't wait...It looks so good, so much so that it is a little bit hard to feel motivated everyday to go to work. I feel you but don't quit yet.
6-25-2020 Newshound Guru MilitiaMan Article: "Mechanism for opening government documentary credits with private banks" ...A Documentary credit or "Letter of Credit" is to facilitate trade payments internationally. They are used to make sure things are fair and run smooth. Being internationally accepted in the world requires countries to play on a level playing field... They cannot give out the international exchange rate with out properly announcing they are Article 8 compliant by actually raising the value of the exchange rate. So they use the example of the program rate. imo. Keep in mind they are telling us they are going to use the D/Cs [Documentary credit]. That means they are telling us they are about to change the value of the exchange rate to be internationally accepted and imo that will cease the Multi Currency Practices (MCPs) they have been using...So, the timing of this is by design...Telling us they are ready to go imo.
6-25-2020 Intel Guru MarkZ [Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...
6-25-2020 Intel Guru Footforward ...I can't fathom why on Earth somebody would be talking about this going into 2021.
6-25-2020 Newshound/Intel Guru Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement and do it sooner than later...
6-25-2020 Intel Guru MarkZ [via PDK] We are still getting all kinds of chatter… but we are not out of the gate yet… [Whats the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
6-25-2020 Newshound Guru Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...
6-25-2020 Newshound Guru Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
6-25-2020 Newshound Guru Pimpy Article "Iraq officially discloses the date for Al-Kazimi's visit to Washington" This is big man. I don't know why. Call me crazy it's just a vibe that I have. I don't know how to explain it but something tells me this visit is going to be the big visit. I think we're gonna see some great things... hopefully Trump himself gets into this meeting and what we find out is they're very happy about the progress that's been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex...it'll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what's going on. I'm excited about it...
6-25-2020 Intel Guru MarkZ [Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...
6-25-2020 Intel Guru Footforward ...I can't fathom why on Earth somebody would be talking about this going into 2021.
6-25-2020 Newshound/Intel Guru Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement and do it sooner than later...
6-25-2020 Intel Guru MarkZ [via PDK] We are still getting all kinds of chatter… but we are not out of the gate yet… [Whats the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
6-25-2020 Newshound Guru Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...
6-25-2020 Newshound Guru Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
6-25-2020 Newshound Guru Pimpy Article "Iraq officially discloses the date for Al-Kazimi's visit to Washington" This is big man. I don't know why. Call me crazy it's just a vibe that I have. I don't know how to explain it but something tells me this visit is going to be the big visit. I think we're gonna see some great things... hopefully Trump himself gets into this meeting and what we find out is they're very happy about the progress that's been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex...it'll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what's going on. I'm excited about it...
6-24-2020 Intel Guru MarkZ [via PDK] In Asia I got an overnight report that the street rate (Dong) was supposed to start at about .47 cents then let it float. Now I am hearing it will start at a 1 to 1 parity and then let it float...
6-24-2020 Intel Guru Bruce [via WiserNow] ...I believe it was...on Thursday or Friday we were already pointing toward early this week...So we came to find out...there’s still a little bit of clean up that was needed...my understanding is that took place already – so I feel as though we’re in position where this could go and we could get notified... So that points well for us over the next couple of days...Now I am not trying to call it...I’m just saying the information I have is pointing towards the next 48 hours... We are looking at very good rates – Don’t know what they are – I had an idea but they change –and so you’re going to be fine on that... I just feel like this thing is coming to an end...
6-24-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo
6-24-2020 Intel Guru MarkZ [via PDK] [More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is.
6-24-2020 Newshound Guru Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
6-24-2020 Newshound Guru Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV. [post 2 of 2]
6-24-2020 Newshound Guru Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. [post 1 of 2....stay tuned]
6-24-2020 Newshound Guru Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties."
6-24-2020 Intel Guru Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today... [Post 2 of 2]
6-24-2020 Intel Guru Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar... [post 1 of 2....stay tuned]
6-24-2020 Newshound/Intel Guru Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021.
6-24-2020 Intel Guru Bruce [via WiserNow] ...I believe it was...on Thursday or Friday we were already pointing toward early this week...So we came to find out...there’s still a little bit of clean up that was needed...my understanding is that took place already – so I feel as though we’re in position where this could go and we could get notified... So that points well for us over the next couple of days...Now I am not trying to call it...I’m just saying the information I have is pointing towards the next 48 hours... We are looking at very good rates – Don’t know what they are – I had an idea but they change –and so you’re going to be fine on that... I just feel like this thing is coming to an end...
6-24-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo
6-24-2020 Intel Guru MarkZ [via PDK] [More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is.
6-24-2020 Newshound Guru Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
6-24-2020 Newshound Guru Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV. [post 2 of 2]
6-24-2020 Newshound Guru Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. [post 1 of 2....stay tuned]
6-24-2020 Newshound Guru Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties."
6-24-2020 Intel Guru Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today... [Post 2 of 2]
6-24-2020 Intel Guru Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar... [post 1 of 2....stay tuned]
6-24-2020 Newshound/Intel Guru Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021.
6-23-2020 Newshound Guru Pimpy ...the reason why they denied me entry into this conference [Iraq Finance Expo] is because I speak about the dinar. That's how I knew for sure they were gonna talk about it. They didn't want me in there recording anything because they knew they were gonna talk about the dinar. They didn't specifically give out any kind of rate change but they did talk about what needs to be done. And it's already being done. I feel absolutely good about the year 2020...
6-23-2020 Newshound Guru Jeff Article "Al-Kadhimi reveals the details of the 'white paper" This is very important. The White paper is the roadmap for the rate change. For the economic reform. And the brand new economy they're preparing to launch...
6-23-2020 Intel Guru Bob Locke [via PDK] [...How close do you think we are?] I have never seen the kind of talk and the amount of talk indicating that today is the day thus far through all my years and years of this. . .I am hopeful today that we see some stuff happen.
6-23-2020 Newshound Guru Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen...
6-23-2020 Intel Guru Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over 3.50 in my opinion. I can't get more specific then that...
6-23-2020 Intel Guru MarkZ [via PDK] [This was supposed to be our morning…very disappointing.] I heard it wasn’t supposed to start until this afternoon…so I am not disappointed yet. Watching this afternoon about 4 or 5. Banking contacts have been very frustrated but they believe today is the day…specifically this afternoon. They are confident we are in the last 1-to 3 days of all of this. Iraq contacts are also thinking today is the day and they will be able to publish a figure in the Gazette tomorrow. They are very confident that they will be going by the first and will have an International, Worldwide, Competitive Currency. We will be watching this evening closely.
6-23-2020 Newshound Guru Jeff ...as Allak's [Governor of the CBI] proxy term is ending on or around July 15th Iraq is transitioning...to a new economic system but the rate change has to happen right in the middle - between the two. They're putting out a ton of articles telling you they're planning to do this. You are very close to the edge of this right now...
6-23-2020 Newshound/Intel Guru Walkingstick [via Frank26] ...these white papers are the end result of when they have pulled the trigger of the monetary reform...the white papers have the rate and the date... [Reference Frank26 6-23-2020]
6-23-2020 Intel Guru Frank26 ...the CBI has introduced something that was in those meeting two months ago...it's called "white paper". It's a report. It's a guide. It's a definition of an agreement...White paper is extremely important. It's an authoritative report. It comes from the authorities of the Fab 4. It's important for the structure of Iraq and it's important for the international structure of Iraq. This white paper is extremely crucial...it's been introduced from the CBI to the GOI. What's it for? Mainly it's for the budget. What's in the budget? The economic reform. I told you they need the financial reform first in order to have the economic reform...these white papers are the passport for the new Iraqi dinar...
6-23-2020 Newshound Guru Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
6-23-2020 Newshound Guru Jeff Article "Al-Kadhimi reveals the details of the 'white paper" This is very important. The White paper is the roadmap for the rate change. For the economic reform. And the brand new economy they're preparing to launch...
6-23-2020 Intel Guru Bob Locke [via PDK] [...How close do you think we are?] I have never seen the kind of talk and the amount of talk indicating that today is the day thus far through all my years and years of this. . .I am hopeful today that we see some stuff happen.
6-23-2020 Newshound Guru Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen...
6-23-2020 Intel Guru Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over 3.50 in my opinion. I can't get more specific then that...
6-23-2020 Intel Guru MarkZ [via PDK] [This was supposed to be our morning…very disappointing.] I heard it wasn’t supposed to start until this afternoon…so I am not disappointed yet. Watching this afternoon about 4 or 5. Banking contacts have been very frustrated but they believe today is the day…specifically this afternoon. They are confident we are in the last 1-to 3 days of all of this. Iraq contacts are also thinking today is the day and they will be able to publish a figure in the Gazette tomorrow. They are very confident that they will be going by the first and will have an International, Worldwide, Competitive Currency. We will be watching this evening closely.
6-23-2020 Newshound Guru Jeff ...as Allak's [Governor of the CBI] proxy term is ending on or around July 15th Iraq is transitioning...to a new economic system but the rate change has to happen right in the middle - between the two. They're putting out a ton of articles telling you they're planning to do this. You are very close to the edge of this right now...
6-23-2020 Newshound/Intel Guru Walkingstick [via Frank26] ...these white papers are the end result of when they have pulled the trigger of the monetary reform...the white papers have the rate and the date... [Reference Frank26 6-23-2020]
6-23-2020 Intel Guru Frank26 ...the CBI has introduced something that was in those meeting two months ago...it's called "white paper". It's a report. It's a guide. It's a definition of an agreement...White paper is extremely important. It's an authoritative report. It comes from the authorities of the Fab 4. It's important for the structure of Iraq and it's important for the international structure of Iraq. This white paper is extremely crucial...it's been introduced from the CBI to the GOI. What's it for? Mainly it's for the budget. What's in the budget? The economic reform. I told you they need the financial reform first in order to have the economic reform...these white papers are the passport for the new Iraqi dinar...
6-23-2020 Newshound Guru Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
6-22-2020 Intel Guru MarkZ [via PDK] [Why is there so much fake intel?] We knew this was going to happen…we have been told for years…we knew that at the tail end that this is exactly what we were going to see. I’m not letting it shake me and I am excited about where we are at.
6-22-2020 Newshound Guru Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out...
6-22-2020 Newshound Guru Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
6-22-2020 Intel Guru Footforward [...Any thoughts on the dong still for June...] from where I sit, my opinion is they need to do something fairly quickly now with all that's going on with China. And the signs to me suggested June or July as a timeline. So that's what I'm looking for...
6-22-2020 Intel Guru MarkZ [via PDK] Lots of chatter right now...According to banking contacts we are done!! All of my banking contacts are coming unglued…we saw testing of the systems last week….we saw all kinds of rates hitting banks….bankers that I have not talked to in quite awhile told me it looks like we are getting close…..we are getting prepped for it… I really do think we are at the end of it…I am actually very upbeat about where we are…just don’t think we will see it Tuesday. In Iraq they are talking about July 1st having a new and competitive currency so I think we are looking at sometime between here and there for the reset. [Will we be done by the 4th of July?] Yes I think so…
6-22-2020 Guest Guru DataSteward I have a different perspective about keeping Alak until July 15. [Reference Guru Jeff's post 6-19-2020] Whenever I was part of a team to deploy an upgrade or a new software system we usually scheduled 1 to 2 weeks following the deployment date for dedicated technical support to fix bugs and to immediately assist users with whatever they needed. Alak has intellectual capital nobody else has and they should keep him around a week or two after they change the rate to answer questions and provide solutions for things that didn't go as planned.
6-22-2020 Newshound Guru MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo.
6-22-2020 Newshound Guru Pimpy ...we are about 15 hours away from the big Iraq conference...this is on what's going on it Iraq as far as the economy is concerned, investment opportunities, the whole nine yards. We're hoping for some good Easter egg or at least some good fact that come out and tell us that indeed the rate change is going to happen...
6-22-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT OBLIGATED THE GOVERNMENT TO SEND THE BUDGET WITHIN THE NEXT TWO WEEKS" It is very hard to complete the necessary financial and banking reforms without a budget for 2020 going forward. I am hearing the delay is due to the restructuring of the financial industry due to many factors mainly corruption. Iraq is going to see some MAJOR changes in the near future.
6-22-2020 Newshound Guru Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out...
6-22-2020 Newshound Guru Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
6-22-2020 Intel Guru Footforward [...Any thoughts on the dong still for June...] from where I sit, my opinion is they need to do something fairly quickly now with all that's going on with China. And the signs to me suggested June or July as a timeline. So that's what I'm looking for...
6-22-2020 Intel Guru MarkZ [via PDK] Lots of chatter right now...According to banking contacts we are done!! All of my banking contacts are coming unglued…we saw testing of the systems last week….we saw all kinds of rates hitting banks….bankers that I have not talked to in quite awhile told me it looks like we are getting close…..we are getting prepped for it… I really do think we are at the end of it…I am actually very upbeat about where we are…just don’t think we will see it Tuesday. In Iraq they are talking about July 1st having a new and competitive currency so I think we are looking at sometime between here and there for the reset. [Will we be done by the 4th of July?] Yes I think so…
6-22-2020 Guest Guru DataSteward I have a different perspective about keeping Alak until July 15. [Reference Guru Jeff's post 6-19-2020] Whenever I was part of a team to deploy an upgrade or a new software system we usually scheduled 1 to 2 weeks following the deployment date for dedicated technical support to fix bugs and to immediately assist users with whatever they needed. Alak has intellectual capital nobody else has and they should keep him around a week or two after they change the rate to answer questions and provide solutions for things that didn't go as planned.
6-22-2020 Newshound Guru MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo.
6-22-2020 Newshound Guru Pimpy ...we are about 15 hours away from the big Iraq conference...this is on what's going on it Iraq as far as the economy is concerned, investment opportunities, the whole nine yards. We're hoping for some good Easter egg or at least some good fact that come out and tell us that indeed the rate change is going to happen...
6-22-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT OBLIGATED THE GOVERNMENT TO SEND THE BUDGET WITHIN THE NEXT TWO WEEKS" It is very hard to complete the necessary financial and banking reforms without a budget for 2020 going forward. I am hearing the delay is due to the restructuring of the financial industry due to many factors mainly corruption. Iraq is going to see some MAJOR changes in the near future.
6-21-2020 Intel Guru Footforward [I'm assuming no chance of a rate change today.] I wouldn't say no chance. [...figured we were done until July...] not done at all. June still has alot of days left. I haven't at all given up on June.
6-21-2020 Newshound Guru MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
6-21-2020 Intel/Newshound Guru Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
6-21-2020 Newshound Guru Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows.
6-21-2020 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst.
6-21-2020 Newshound Guru MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
6-21-2020 Intel/Newshound Guru Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
6-21-2020 Newshound Guru Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows.
6-21-2020 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst.
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Newshound Guru MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful...
6-20-2020 Intel Guru Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion...
6-20-2020 Newshound Guru Jeff ...they had these meetings with the Kazemi government and the U.S. government - The Strategic Dialogue. When you look at what's being discussed at these meetings - they've already told us it's investment, finance and really it's long term relations and business opportunities with Iraq. Those are post rate change steps. What they are doing is setting the stage between Iraq and the US to redirect from securing Iraq more towards having business relations with Iraq. It's transitioning but again it's post rate change...now they're saying they're going to send a Kazemi delegation to Washington in the U.S. IMO I firmly believe that Kazemi would be going there after the rate change...
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Intel Guru Bruce [via WiserNow] ...this is a very important week – and we’ve heard some specifics about tomorrow [Friday] – they say tomorrow will be very – very – very – very – very – very – very good for us...I’ve got to tell you – banks – and I know specifically Wells Fargo is having a conference call tomorrow morning...Now – that is a call that is mandatory and during that call they should tell employees that are on the call tomorrow whether our release for our appointments to be set – whether our 800 number release is coming out either Monday or Tuesday... a very small percentage of appointments...were set for Tuesday already...Now that is what I’m hearing – this is not me calling it – this is me telling you what I’ve heard from extremely good sources...
6-20-2020 Newshound Guru MilitiaMan Article: "Al-Alaq: The devaluation of the dinar should not be the first line of defense to confront the financial crisis" Quote: "...in addition to the supplies and materials imported by the government, such as oil derivatives, ration materials, etc., the net of this amount hits the new price of the dinar...” They are not talking about devaluation. They are talking valuation. WOW!! Get ready... Alak is talking on a FRIDAY!!! Whooo whoooo. imo...This is HUGE!! imo ~ ALAK talked on the holy day... think about it...
6-20-2020 Newshound Guru MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful...
6-20-2020 Intel Guru Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion...
6-20-2020 Newshound Guru Jeff ...they had these meetings with the Kazemi government and the U.S. government - The Strategic Dialogue. When you look at what's being discussed at these meetings - they've already told us it's investment, finance and really it's long term relations and business opportunities with Iraq. Those are post rate change steps. What they are doing is setting the stage between Iraq and the US to redirect from securing Iraq more towards having business relations with Iraq. It's transitioning but again it's post rate change...now they're saying they're going to send a Kazemi delegation to Washington in the U.S. IMO I firmly believe that Kazemi would be going there after the rate change...
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Intel Guru Bruce [via WiserNow] ...this is a very important week – and we’ve heard some specifics about tomorrow [Friday] – they say tomorrow will be very – very – very – very – very – very – very good for us...I’ve got to tell you – banks – and I know specifically Wells Fargo is having a conference call tomorrow morning...Now – that is a call that is mandatory and during that call they should tell employees that are on the call tomorrow whether our release for our appointments to be set – whether our 800 number release is coming out either Monday or Tuesday... a very small percentage of appointments...were set for Tuesday already...Now that is what I’m hearing – this is not me calling it – this is me telling you what I’ve heard from extremely good sources...
6-20-2020 Newshound Guru MilitiaMan Article: "Al-Alaq: The devaluation of the dinar should not be the first line of defense to confront the financial crisis" Quote: "...in addition to the supplies and materials imported by the government, such as oil derivatives, ration materials, etc., the net of this amount hits the new price of the dinar...” They are not talking about devaluation. They are talking valuation. WOW!! Get ready... Alak is talking on a FRIDAY!!! Whooo whoooo. imo...This is HUGE!! imo ~ ALAK talked on the holy day... think about it...
6-17-2020 *** Dinar Guru News FLASH *** [Iraq Finance Expo News] The Central Bank of Iraq, The Ministry of Finance and the Government of Iraq are hosting a big conference next week - The Iraq Finance Expo. And guess what? You can attend! It's online. It begins Monday June 22 and last 3 days (22nd, 23rd and 24th). The agenda appears to be big on dinar. It includes "The CBI's strategy to increase money supply in the local Iraqi economy" - Day 1. "Iraq's monetary policy objectives to restore rapid economic growth." -Day 1. "The Future of Iraq's Banking & Finance Sectors" - Keynote Day 2. Obviously lots of banking and currency talk. You can get tickets and learn more here . Stay tuned as the gurus chime in on the importance of this conference as we lead up to next Monday. The latest guru posts will continue below...
6-19-2020 Newshound Guru Jeff Let's look at the facts. Iraq is putting out a crazy amount of economic articles now that they have finished the formation of the government. That's not coincidence guys. They're telling you they're close to changing the rate...if they had intentions of changing the rate in the Month of June then IMO they would have only extended Alak through the end of June. They didn't. They extended Alak through July 15th. That to me removed June from the equation and walks us into the first half of July...IMO they're keeping him in there long enough to commission and execute the rate exchange. Second. On or around July 15th you have Kazemi going to Washington. Why? For those strategic dialogue talks...those are about economic investment and long term relations between Iraq and the U.S. That's all post rate change items...IMO Kazemi is going to Washington after the rate has changed...
6-19-2020 Intel Guru MarkZ ...I had a number of bankers telling me yesterday that rates are bouncing all over the place. I took this as an excellent sign. One banker that I hadn’t talked to in months told me yesterday he thinks the currency reset is finally happening…he was very excited...Overall yesterday the news was fantastic.
6-19-2020 Intel Guru Footforward [Wheres your best guess on the VND?...] my opinion has been 5-10 cents and anything there or higher is a huge bonus.
6-19-2020 Newshound Guru Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable...
6-19-2020 Newshound/Intel Guru Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon?
6-19-2020 Newshound Guru Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July...
6-19-2020 Intel Guru Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER...
6-19-2020 Intel Guru MarkZ ...I had a number of bankers telling me yesterday that rates are bouncing all over the place. I took this as an excellent sign. One banker that I hadn’t talked to in months told me yesterday he thinks the currency reset is finally happening…he was very excited...Overall yesterday the news was fantastic.
6-19-2020 Intel Guru Footforward [Wheres your best guess on the VND?...] my opinion has been 5-10 cents and anything there or higher is a huge bonus.
6-19-2020 Newshound Guru Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable...
6-19-2020 Newshound/Intel Guru Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon?
6-19-2020 Newshound Guru Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July...
6-19-2020 Intel Guru Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER...
6-18-2020 Newshound/Intel Guru Mnt Goat My CBI contact is still telling me that they are moving towards the completing the “project to deleting the zeros” this year and sooner than later. Obviously, they are not going to give me exact dates. Other signs of what Iraq is up to tells us that movement is in the direction of the end of the month for something BIG. My expectation is the reinstatement of the dinar as this move it way overdue. I learned this week that Dr Shabibi was in fact at the Central Bank of Iraq working with them on the project to delete the zeros and mechanisms to roll it out.
6-18-2020 Newshound/Intel Guru RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
6-18-2020 Intel Guru RayRen98 A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments.
6-18-2020 Intel Guru MarkZ [via PDK] Well, even the bankers are getting ticked off and PO’d…Bankers in Zurich are very upset today…they are still in position and being told to “sit tight”. They are told today is the day...to get in place…just to see nothing…no movement… I still think it will happen before the election… This reset is necessary and inevitable…I still believe it will 100% happen. The question is just “when”.
6-18-2020 Intel Guru Bruce [via WiserNow] ...If you have currencies...let’s say you have dinar and dong – and you have the exchange that takes place – when you exchange those currencies – it’s a non taxable event – how many years have I been saying that? 9 years – I am in my 16th year – but when you do that exchange – you will have full access to all of that immediately – It’s good to have that confirmed – there’s no wait – no 26 hr wait – nothing like that – you should be able to have full access to your exchanged funds immediately... [Other gurus say this will be taxed as "ordinary income" others "capital gains" - Check with your tax professional at the appropriate time.]
6-18-2020 Newshound Guru Pimpy ...For those of you who live in New York, if you're trying to find a way to go buy dinar or buy Vietnam dong or any other currencies, if you live near the Trump Tower they obviously have a currency exchange center in the hotel. You could go to the hotel and buy Iraqi dinar. You can go in there and buy Vietnam dongs. You could go in there and buy other currency. It's right there inside the Trump Hotel. All you have to do is go right there where it says currency exchange. Go to the window with US dollars and buy other currencies...
6-18-2020 Intel Guru Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
6-18-2020 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER ALI ALLAWI: WE WILL IMPLEMENT A PACKAGE OF REFORMS IN THE FINANCIAL AND BANKING SECTORS" Quote: “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new reform program." Remember too the finance ministry now has control over the Currency auctions as they have taken them over from the CBI. This is all very good news.
6-18-2020 Intel Guru Bruce [via WiserNow] Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities...
6-18-2020 Newshound/Intel Guru RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
6-18-2020 Intel Guru RayRen98 A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments.
6-18-2020 Intel Guru MarkZ [via PDK] Well, even the bankers are getting ticked off and PO’d…Bankers in Zurich are very upset today…they are still in position and being told to “sit tight”. They are told today is the day...to get in place…just to see nothing…no movement… I still think it will happen before the election… This reset is necessary and inevitable…I still believe it will 100% happen. The question is just “when”.
6-18-2020 Intel Guru Bruce [via WiserNow] ...If you have currencies...let’s say you have dinar and dong – and you have the exchange that takes place – when you exchange those currencies – it’s a non taxable event – how many years have I been saying that? 9 years – I am in my 16th year – but when you do that exchange – you will have full access to all of that immediately – It’s good to have that confirmed – there’s no wait – no 26 hr wait – nothing like that – you should be able to have full access to your exchanged funds immediately... [Other gurus say this will be taxed as "ordinary income" others "capital gains" - Check with your tax professional at the appropriate time.]
6-18-2020 Newshound Guru Pimpy ...For those of you who live in New York, if you're trying to find a way to go buy dinar or buy Vietnam dong or any other currencies, if you live near the Trump Tower they obviously have a currency exchange center in the hotel. You could go to the hotel and buy Iraqi dinar. You can go in there and buy Vietnam dongs. You could go in there and buy other currency. It's right there inside the Trump Hotel. All you have to do is go right there where it says currency exchange. Go to the window with US dollars and buy other currencies...
6-18-2020 Intel Guru Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
6-18-2020 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER ALI ALLAWI: WE WILL IMPLEMENT A PACKAGE OF REFORMS IN THE FINANCIAL AND BANKING SECTORS" Quote: “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new reform program." Remember too the finance ministry now has control over the Currency auctions as they have taken them over from the CBI. This is all very good news.
6-18-2020 Intel Guru Bruce [via WiserNow] Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities...
6-17-2020 Intel Guru MarkZ [via PDK] ...I have a number of bankers from Zurich to Hong Kong that are expecting it overnight…they believe this is it…I have not seen them this hyped up in a very long time.
6-17-2020 Newshound Guru Pimpy If you live next to an International airport, most likely that airport will have a currency exchange center. You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are. That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [When buying currency confirm the date they will ship your dinar and if they have the dinar on hand.] [post 2 of 2]
6-17-2020 Newshound Guru Pimpy ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar." ...Do not buy the ones with Saddam Hussein on there. Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar. They have zero. None. None whatsoever. People are complaining...ZZZZZ [Another Dinar Dealer] has not sent a lot of people's orders. They are way behind. They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with... [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru Adam Montana The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. ...Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. [post 2 of 2]
6-17-2020 Newshound Guru Adam Montana Yes, I'm a bit excited... OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is... Article: "Is OPEC’s No.2 Finally Complying With Output Cuts?" Quote: "OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously." Oil, and Iraq, is on the move. [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru MilitiaMan They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo... Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come... A surprise is a good thing. A Positive Shock is a good thing...they last night started telling them on TV that surprise was coming then they published it in writing...They will have to move fast now...WOW!!
6-17-2020 Newshound Guru Pimpy ...there's a lot happening still now but what it all comes down to is this - taking the steps necessary to rebuild Iraq. Make sure they're an independent sovereign nation all over again with an internationally recognized currency that is traded on the Forex...
6-17-2020 Intel Guru MarkZ [via PDK] I am told that Vietnam is planning a street release of .47 to .50 cents…with a contract rate of around $2. They are sitting on a whole lot of oil reserves and precious minerals...
6-17-2020 Newshound/Intel Guru Mnt Goat Article: "AFTER COMING UNDER HEAVY CRITICISM … THE CENTRAL BANK STOPS THE CURRENCY AUCTION" ...this article does NOT say the currency auctions were stopped. Again a translation issue from Arabic to English. It only makes reference that CBI governor has “UNJUSTIFIED INSISTENCE TO PROCEED WITH THE FOREIGN CURRENCY AUCTION WINDOW DESPITE ALL THE LOSSES AND RISKS INCURRED BY THE ECONOMY IRAQI.”. ...If you go to the CBI site you will witness first hand that the auctions DID NOT in fact end. So this too is more proof. ...This means the CBI was incompetent in the administration of the auctions. This should be the CBI’s responsibility and NOT finance committee...Now there is talk today too about wanting to bringing back Mr. Sinan al-Shabibi to the CBI... Article: "MR. AL-KAZEMI: RESTORING CONSIDERATION TO MR. SINAN AL-SHABIBI TO HEAD CBI". This is of course, fantastic news, even to talk about it nonetheless do it. Let’s see...if al-Kazemi is really going to do it as he has the power...Will this happen?
6-17-2020 Intel Guru Delta ...we know something is up. The value has to change. It's no secret anymore. Of course we don't know the exact date but it looks like we're on the verge of seeing something happen...all good news in Iraq. We're just waiting for them to flip the switch...
6-17-2020 Newshound Guru Pimpy If you live next to an International airport, most likely that airport will have a currency exchange center. You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are. That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [When buying currency confirm the date they will ship your dinar and if they have the dinar on hand.] [post 2 of 2]
6-17-2020 Newshound Guru Pimpy ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar." ...Do not buy the ones with Saddam Hussein on there. Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar. They have zero. None. None whatsoever. People are complaining...ZZZZZ [Another Dinar Dealer] has not sent a lot of people's orders. They are way behind. They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with... [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru Adam Montana The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. ...Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. [post 2 of 2]
6-17-2020 Newshound Guru Adam Montana Yes, I'm a bit excited... OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is... Article: "Is OPEC’s No.2 Finally Complying With Output Cuts?" Quote: "OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously." Oil, and Iraq, is on the move. [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru MilitiaMan They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo... Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come... A surprise is a good thing. A Positive Shock is a good thing...they last night started telling them on TV that surprise was coming then they published it in writing...They will have to move fast now...WOW!!
6-17-2020 Newshound Guru Pimpy ...there's a lot happening still now but what it all comes down to is this - taking the steps necessary to rebuild Iraq. Make sure they're an independent sovereign nation all over again with an internationally recognized currency that is traded on the Forex...
6-17-2020 Intel Guru MarkZ [via PDK] I am told that Vietnam is planning a street release of .47 to .50 cents…with a contract rate of around $2. They are sitting on a whole lot of oil reserves and precious minerals...
6-17-2020 Newshound/Intel Guru Mnt Goat Article: "AFTER COMING UNDER HEAVY CRITICISM … THE CENTRAL BANK STOPS THE CURRENCY AUCTION" ...this article does NOT say the currency auctions were stopped. Again a translation issue from Arabic to English. It only makes reference that CBI governor has “UNJUSTIFIED INSISTENCE TO PROCEED WITH THE FOREIGN CURRENCY AUCTION WINDOW DESPITE ALL THE LOSSES AND RISKS INCURRED BY THE ECONOMY IRAQI.”. ...If you go to the CBI site you will witness first hand that the auctions DID NOT in fact end. So this too is more proof. ...This means the CBI was incompetent in the administration of the auctions. This should be the CBI’s responsibility and NOT finance committee...Now there is talk today too about wanting to bringing back Mr. Sinan al-Shabibi to the CBI... Article: "MR. AL-KAZEMI: RESTORING CONSIDERATION TO MR. SINAN AL-SHABIBI TO HEAD CBI". This is of course, fantastic news, even to talk about it nonetheless do it. Let’s see...if al-Kazemi is really going to do it as he has the power...Will this happen?
6-17-2020 Intel Guru Delta ...we know something is up. The value has to change. It's no secret anymore. Of course we don't know the exact date but it looks like we're on the verge of seeing something happen...all good news in Iraq. We're just waiting for them to flip the switch...
6-16-2020 Intel Guru Frank26 The central bank of Iraq is talking to the citizens and explaining what they're doing with the GOI (the government of Iraq)...a new plan is being prepared and will be presented to the government..."we've got a new exchange rate and a new currency", says the CBI, "and we're going to throw that fast ball to you GOI because you need it for the budget to run the country." [Post 2 of 2]
6-16-2020 Intel Guru Frank26 ...The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn't anymore hiding - Anymore innuendos - Anymore hoping to see the evidence ...they are talking about the new small category notes - A change in their exchange rate - A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that's going down to the citizens is continuing... [Post 1 of 2....stay tuned]
6-16-2020 Intel Guru MarkZ [via PDK] [...who would say they received funds if they signed a NDA?] I have heard specifically that on the NDA’s you can still say you have exchanged…but you will not be able to talk about any specifics like how much etc…
6-16-2020 Newshound/Intel Guru Mnt Goat ...the CBI has told me many times already in the past that; when they get serious and ready to delete the zeros, roll out the lower denominations which will lead to the reinstatement, they will let the citizens know and educate them. So far, they have kept their promise and each time they got close they began the education process...the CBI and/or Finance Committee is way overdue for a public news announcement (if even just a brief update) on this subject matter. I think we may see things kick into high gear once the budget comes out and they begin the reforms. We will probably get an update at this point in time...
6-16-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq and it's happening all at one time. I know what you're saying, 'When? When? When?' We don't know but it looks like it's definitely gonna happen this year for sure...
6-16-2020 Intel Guru MarkZ [via PDK] Regarding all the rumors and intel on the Dinar boards...i am not seeing that same movement …Until someone I know actually has spendable dollars…imo…it hasn’t gone yet. I am not hearing from any of my contacts that is was “today” though. Yes Isaac has big expectations of a release today…but based on what I hear from Zurich…he may be waiting another day or so. I do have some great African contacts…from Ethiopia and Somalia…and they are all talking about the impending “reset”. That news is being talked about openly and on the streets over there. In Zimbabwe they are openly talking about it and it’s a common conversation in Iraq, Indonesia, Vietnam and India…Many countries worldwide are talking about a reset.
6-16-2020 Newshound/Intel Guru Mnt Goat So, today’s news is all about the currency auctions and the finance ministry under the minister Ali Allawi wanting to implement a package of financial and banking reforms. Still Iraq has not secured the $5 billion needed to pay the June salaries...It does seem something BIG is being lined up for the end of June as many issues seem to merge towards that time period. This may just be a matter of when Iraq finally meets its demise. But still we have not yet heard OPENLY in the news from the CBI or the Finance ministry on the “project to delete the zeros”...I do know for a FACT that Iraq is looking seriously for a new [CBI] governor that al-Kazemi will appoint...So we wait to see who he selects. ...Meantime the auctions have been taken out of the direct supervision of the CBI and are now supervised by the Finance Ministry. This is...FACT!
6-16-2020 Newshound Guru Pimpy ...I'm going to be attending all 3 days [of the IF-EXPO]...I'm going to share the information with you. I highly anticipate the discussion of the Iraqi dinar exchange rate in these meetings. I can't imagine any way around it. That's one of the biggest topics that would be discussed in regards to their budget, their future and purchasing power they're gonna need to be on the international scene. Also what they need to talk about is their sovereignty which is really big. These are the things I'll be looking for and there should be a lot of great information coming out of this meeting so it looks like Monday, Tuesday and Wednesday I'm gonna...go ahead and watch these bad boys and report to you as it's going on.
6-16-2020 Intel Guru Footforward ...my opinion...I think the dinar may be higher then I've originally thought...My opinion is the dong may go in June and the dinar in July.
6-16-2020 Intel Guru Frank26 ...The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn't anymore hiding - Anymore innuendos - Anymore hoping to see the evidence ...they are talking about the new small category notes - A change in their exchange rate - A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that's going down to the citizens is continuing... [Post 1 of 2....stay tuned]
6-16-2020 Intel Guru MarkZ [via PDK] [...who would say they received funds if they signed a NDA?] I have heard specifically that on the NDA’s you can still say you have exchanged…but you will not be able to talk about any specifics like how much etc…
6-16-2020 Newshound/Intel Guru Mnt Goat ...the CBI has told me many times already in the past that; when they get serious and ready to delete the zeros, roll out the lower denominations which will lead to the reinstatement, they will let the citizens know and educate them. So far, they have kept their promise and each time they got close they began the education process...the CBI and/or Finance Committee is way overdue for a public news announcement (if even just a brief update) on this subject matter. I think we may see things kick into high gear once the budget comes out and they begin the reforms. We will probably get an update at this point in time...
6-16-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq and it's happening all at one time. I know what you're saying, 'When? When? When?' We don't know but it looks like it's definitely gonna happen this year for sure...
6-16-2020 Intel Guru MarkZ [via PDK] Regarding all the rumors and intel on the Dinar boards...i am not seeing that same movement …Until someone I know actually has spendable dollars…imo…it hasn’t gone yet. I am not hearing from any of my contacts that is was “today” though. Yes Isaac has big expectations of a release today…but based on what I hear from Zurich…he may be waiting another day or so. I do have some great African contacts…from Ethiopia and Somalia…and they are all talking about the impending “reset”. That news is being talked about openly and on the streets over there. In Zimbabwe they are openly talking about it and it’s a common conversation in Iraq, Indonesia, Vietnam and India…Many countries worldwide are talking about a reset.
6-16-2020 Newshound/Intel Guru Mnt Goat So, today’s news is all about the currency auctions and the finance ministry under the minister Ali Allawi wanting to implement a package of financial and banking reforms. Still Iraq has not secured the $5 billion needed to pay the June salaries...It does seem something BIG is being lined up for the end of June as many issues seem to merge towards that time period. This may just be a matter of when Iraq finally meets its demise. But still we have not yet heard OPENLY in the news from the CBI or the Finance ministry on the “project to delete the zeros”...I do know for a FACT that Iraq is looking seriously for a new [CBI] governor that al-Kazemi will appoint...So we wait to see who he selects. ...Meantime the auctions have been taken out of the direct supervision of the CBI and are now supervised by the Finance Ministry. This is...FACT!
6-16-2020 Newshound Guru Pimpy ...I'm going to be attending all 3 days [of the IF-EXPO]...I'm going to share the information with you. I highly anticipate the discussion of the Iraqi dinar exchange rate in these meetings. I can't imagine any way around it. That's one of the biggest topics that would be discussed in regards to their budget, their future and purchasing power they're gonna need to be on the international scene. Also what they need to talk about is their sovereignty which is really big. These are the things I'll be looking for and there should be a lot of great information coming out of this meeting so it looks like Monday, Tuesday and Wednesday I'm gonna...go ahead and watch these bad boys and report to you as it's going on.
6-16-2020 Intel Guru Footforward ...my opinion...I think the dinar may be higher then I've originally thought...My opinion is the dong may go in June and the dinar in July.
6-15-2020 Intel Guru Footforward [I’m reading that people and commenting that auctions restarted in Iraq today? I think Frank [Guru Frank26] had said they stopped? Any thoughts?] ...Pompeo told them to get this done right away. And then he told them the US would give them whatever money they need. If the auctions have started again, it's because they need money. I don't think this will be a long term thing. I still believe and it's my opinion this is the time and season for revaluations. They aren't doing this to stop the RV. They are doing this to survive until the RV happens. If Iraq is doing something that the US isn't in absolute agreement with, then the US would put crippling sanctions on Iraq.
6-15-2020 Newshound/Intel Guru BGG [reference Dinar Guru Update: 6-14-2020] This current scenario, IMHO, has purely to do with basic supply and demand principles. There has never been any reliable “pipeline supply” of Dinar from the Middle East to the U.S. This was always a silly thought. The Buy/Sell market here in the U.S. has always had some level of parity between buyers and sellers. Currently there is no such parity.
6-15-2020 Intel Guru MarkZ [via PDK] No big news over the weekend…I am hearing from Reno that they are positioning for tonight. ...there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich. So hopefully we are about to see things roll out. Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow. Trump said GCR will be $1.00 across the WORLD! Everything on parity…that is the plan. That is why we have been told we will RV first…then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1.
6-15-2020 Newshound Guru Kaperoni Article: "US wants to encourage American investment in Iraq: State Department spokesperson" Quote: "ERBIL, Kurdistan Region — The US wants to foster American economic investment in Iraq, US State Department spokesperson Morgan Ortagus told Rudaw on Friday."
6-15-2020 Intel Guru Footforward [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?] It would make sense. But the only ones going to that are the ones who know Iraq had a future. [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.] these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate. [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!] absolutely!
6-15-2020 Newshound Guru Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...
6-15-2020 Newshound Guru MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow... [post 2 of 2]
6-15-2020 Newshound Guru MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! [post 1 of 2....stay tuned]
6-15-2020 Newshound/Intel Guru BGG [reference Dinar Guru Update: 6-14-2020] This current scenario, IMHO, has purely to do with basic supply and demand principles. There has never been any reliable “pipeline supply” of Dinar from the Middle East to the U.S. This was always a silly thought. The Buy/Sell market here in the U.S. has always had some level of parity between buyers and sellers. Currently there is no such parity.
6-15-2020 Intel Guru MarkZ [via PDK] No big news over the weekend…I am hearing from Reno that they are positioning for tonight. ...there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich. So hopefully we are about to see things roll out. Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow. Trump said GCR will be $1.00 across the WORLD! Everything on parity…that is the plan. That is why we have been told we will RV first…then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1.
6-15-2020 Newshound Guru Kaperoni Article: "US wants to encourage American investment in Iraq: State Department spokesperson" Quote: "ERBIL, Kurdistan Region — The US wants to foster American economic investment in Iraq, US State Department spokesperson Morgan Ortagus told Rudaw on Friday."
6-15-2020 Intel Guru Footforward [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?] It would make sense. But the only ones going to that are the ones who know Iraq had a future. [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.] these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate. [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!] absolutely!
6-15-2020 Newshound Guru Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...
6-15-2020 Newshound Guru MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow... [post 2 of 2]
6-15-2020 Newshound Guru MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! [post 1 of 2....stay tuned]
6-14-2020 *** Dinar Guru Update *** Reports are coming in from Dinar Guru members that some large currency brokers are out of dinar stock. I made a pass through several dealer sites - some are showing they have dinar for sale, some are showing they're out. Buyer Beware - It appears some dealers are completing sales without actually having the currency on hand. Wait times for orders have been as long as four weeks. Some of the delays are Corona related. If you want your dinar right away be sure to confirm ship times with the dealer. Last I heard Citi Bank was still selling dinar. It seems there's been a disruption to the supply of dinar to the dealers...why? We don't know. Is it the auctions? Is it the borders? Is it a long-term issue? Is supply drying up? Stay tuned as the gurus chime in on what's happening with the dinar. The latest guru reports will continue below...
6-12-2020 Newshound/Intel Guru RVAlready With Iraq in miserable economic shape, I think the RV will be sooner than later. I would think that October would be pretty disastrous for them.
6-12-2020 Intel Guru MarkZ [via PDK] [...I have Personally confirmed that Chase, BoA and TravelEx are not Selling or Buying Back VND at this Time!] This really should tell us a lot!!
6-12-2020 Intel Guru Mike Cottrell I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
6-12-2020 Newshound Guru Pimpy ...we are already done with round 1 [U.S. - Iraq - U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, 'What does that mean? They kicking the can down the road?" We don't know yet. All that matters in which you should be focusing on - we're probably closer now that ever before...there is a lot going on in a very short period of time.
6-12-2020 Newshound/Intel Guru Mnt Goat Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil revenues sufficient to pay these salaries (about 4-5 billion US dollars) for June. We know the IMF will not lend them the money and the CBI will not use the reserves. So, over these last weeks we have seen many proposals presented to us. The CBI did end the currency auctions at the end of May and this we know as a FACT. They told us they also are going to aggressively implement the customs and tariffs law and go electronic collection system to do so. But we know this system requires Iraq to be on FOREX since the system uses FOREX in the calculation of the most current rate of foreign currency in order to find the rate and convert it. So how will they do this without being on FOREX? I don’t know you tell me…
6-12-2020 Intel Guru Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-12-2020 Newshound Guru MilitiaMan Article: "Loaded with different materials ... Transport announces the reception of 11 ships within three days" They didn't just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 with out some sort of disclosure, assurances, insurance, exchange rate, etc.. The leaks (news) in the Hull of Iraq are showing there is change coming.. The new foundation is about to be set in stone for the people to see.. The NEW IRAQ is about to be Born... NSCNs will be that foundation... imo.
6-12-2020 Intel Guru MarkZ [via PDK] Iraq contacts are still very hopeful we could see it on Saturday… [Why did Trump mention RV on June 7 if it is not rolling out sooner than November?] I have some info that I am not allowed to share and I do not think we are waiting for November. I feel we are much closer than that. We need to get it out 120 days before the election imo… Remember this is a “when” and not an “if”...We are in the perfect storm for it…
6-12-2020 Newshound Guru Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
6-12-2020 Intel Guru Footforward [Has anyone heard any promising news about the Dong Lately...] we won't hear any news on the dong until it happens. They will keep this EXTREMELY quiet and there will be no warning before it goes. The dong will just go. Before the dinar. And then there will be no more dinar to get. Then the US will put sanctions on Iraq. Then tons of people will sell their dinar. Then the dinar will revalue. This is all in my opinion...
6-12-2020 Intel Guru MarkZ [via PDK] [...I have Personally confirmed that Chase, BoA and TravelEx are not Selling or Buying Back VND at this Time!] This really should tell us a lot!!
6-12-2020 Intel Guru Mike Cottrell I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
6-12-2020 Newshound Guru Pimpy ...we are already done with round 1 [U.S. - Iraq - U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, 'What does that mean? They kicking the can down the road?" We don't know yet. All that matters in which you should be focusing on - we're probably closer now that ever before...there is a lot going on in a very short period of time.
6-12-2020 Newshound/Intel Guru Mnt Goat Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil revenues sufficient to pay these salaries (about 4-5 billion US dollars) for June. We know the IMF will not lend them the money and the CBI will not use the reserves. So, over these last weeks we have seen many proposals presented to us. The CBI did end the currency auctions at the end of May and this we know as a FACT. They told us they also are going to aggressively implement the customs and tariffs law and go electronic collection system to do so. But we know this system requires Iraq to be on FOREX since the system uses FOREX in the calculation of the most current rate of foreign currency in order to find the rate and convert it. So how will they do this without being on FOREX? I don’t know you tell me…
6-12-2020 Intel Guru Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-12-2020 Newshound Guru MilitiaMan Article: "Loaded with different materials ... Transport announces the reception of 11 ships within three days" They didn't just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 with out some sort of disclosure, assurances, insurance, exchange rate, etc.. The leaks (news) in the Hull of Iraq are showing there is change coming.. The new foundation is about to be set in stone for the people to see.. The NEW IRAQ is about to be Born... NSCNs will be that foundation... imo.
6-12-2020 Intel Guru MarkZ [via PDK] Iraq contacts are still very hopeful we could see it on Saturday… [Why did Trump mention RV on June 7 if it is not rolling out sooner than November?] I have some info that I am not allowed to share and I do not think we are waiting for November. I feel we are much closer than that. We need to get it out 120 days before the election imo… Remember this is a “when” and not an “if”...We are in the perfect storm for it…
6-12-2020 Newshound Guru Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
6-12-2020 Intel Guru Footforward [Has anyone heard any promising news about the Dong Lately...] we won't hear any news on the dong until it happens. They will keep this EXTREMELY quiet and there will be no warning before it goes. The dong will just go. Before the dinar. And then there will be no more dinar to get. Then the US will put sanctions on Iraq. Then tons of people will sell their dinar. Then the dinar will revalue. This is all in my opinion...
6-14-2020 Intel Guru Frank26 ...the Iraqi dinar's monetary reform is in full bloom and in a position to be announced IMO very soon. Especially with what they released today, 'We busted Maliki and all those that were preventing the monetary reform.'
6-14-2020 Newshound Guru Pimpy Article "The president of the Republic: To complete victory requires building a sovereign and capable state". This is what I'm talking about. They have to prove to the world that they can stand alone. That's what a true sovereign nation is. To me this is the biggest obstacle that we have and waiting for the rate change to take place. We need them to be a sovereign nation all over again...are we close? IMO we're very very close to this finally happening...
6-14-2020 Intel Guru RayRen98 I DON'T KNOW WHY...BUY [But ?] SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
6-14-2020 Newshound Guru MilitiaMan Article: "Next week .. A high-ranking Kurdish delegation headed by Talabani visits Baghdad" Quote: "All political forces insist on the success of Al-Kazemi's mission, and the steps for reform must be accelerated" All inclusive...Is this the historic HCL/140 agreed on in principle set for a finality? The Kurdistan Regional Council is talking about internal Reconciliation and also speaks of the region, as well. That my friends looks like to me that the next 24 - 48 hours are going to be about signing off on some already agreed on files. Having the power players this week is very compelling support that they mean business. The reforms must be accelerated. The rate at which they bring it forth is what I am looking for, as are the demonstrators... They know all too well what the alternatives are and one is the most important. RATE. or Purchase Power...imo. It all looks so very promising now this is coming to a conclusion. imo.
6-14-2020 Intel Guru Footforward ...I believe it will happen...Pompeo also told them to RV right away. Or else. [wow, did anybody get a video or audio of Pompeo telling them to revalue right away, or else?] it may have been in an article. I was told that by someone. [...Do you think the person who told you is a really good source?] I do.
6-14-2020 Newshound Guru Pimpy People are like, '...I thought they [Iraq] were a sovereign nation.' But they're not recognized as a sovereign nation and what I mean by that is in order to be a sovereign nation you have to have an internationally recognized currency. They're in Chapter 7 and yes they've been moved out and they been moving back...their goal is to be a sovereign nation once again...I believe that's what the true issue is. That's what they're really working for too...it looks like they're headed in that right direction. Let's hope it's very soon though...
6-14-2020 Newshound Guru Pimpy Article "The president of the Republic: To complete victory requires building a sovereign and capable state". This is what I'm talking about. They have to prove to the world that they can stand alone. That's what a true sovereign nation is. To me this is the biggest obstacle that we have and waiting for the rate change to take place. We need them to be a sovereign nation all over again...are we close? IMO we're very very close to this finally happening...
6-14-2020 Intel Guru RayRen98 I DON'T KNOW WHY...BUY [But ?] SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
6-14-2020 Newshound Guru MilitiaMan Article: "Next week .. A high-ranking Kurdish delegation headed by Talabani visits Baghdad" Quote: "All political forces insist on the success of Al-Kazemi's mission, and the steps for reform must be accelerated" All inclusive...Is this the historic HCL/140 agreed on in principle set for a finality? The Kurdistan Regional Council is talking about internal Reconciliation and also speaks of the region, as well. That my friends looks like to me that the next 24 - 48 hours are going to be about signing off on some already agreed on files. Having the power players this week is very compelling support that they mean business. The reforms must be accelerated. The rate at which they bring it forth is what I am looking for, as are the demonstrators... They know all too well what the alternatives are and one is the most important. RATE. or Purchase Power...imo. It all looks so very promising now this is coming to a conclusion. imo.
6-14-2020 Intel Guru Footforward ...I believe it will happen...Pompeo also told them to RV right away. Or else. [wow, did anybody get a video or audio of Pompeo telling them to revalue right away, or else?] it may have been in an article. I was told that by someone. [...Do you think the person who told you is a really good source?] I do.
6-14-2020 Newshound Guru Pimpy People are like, '...I thought they [Iraq] were a sovereign nation.' But they're not recognized as a sovereign nation and what I mean by that is in order to be a sovereign nation you have to have an internationally recognized currency. They're in Chapter 7 and yes they've been moved out and they been moving back...their goal is to be a sovereign nation once again...I believe that's what the true issue is. That's what they're really working for too...it looks like they're headed in that right direction. Let's hope it's very soon though...
6-13-2020 Newshound Guru MilitiaMan The IMF has had recent meetings with the" Crisis" Emergency Cell on currency reforms and the modalities or treatment if you will, to cure the current crisis. There will be follow up meetings too. Kinda like a doctor to a patient. Take this alternative we have before us (raise the rate, secondary markets, SDR, Bonds, border fees, taxes and tariffs, reduction in refinery costs, etc.) and let it all take a few days/weeks to start working in conjunction and we will set another appointment for to review your progress, as in WORLD BANK management agreement... lol...imo. [post 2 of 2]
6-13-2020 Newshound Guru MilitiaMan Article: "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow" It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment. Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! [post 1 of 2....stay tuned]
6-13-2020 Newshound Guru Pimpy ...People go, 'What are you looking for?' ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8. Give them back their sovereignty. Give them back their internationally recognized currency. Allow it to be on the Forex and start trading. That's what we want. That's what we're looking for.
6-13-2020 Newshound Guru Kaperoni If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.
6-13-2020 Intel Guru Footforward [I wasn’t sure when VND revalues if it would be fixed or on a float with the potential to go higher.] they would be smart to fix the dinar and dong. Currently the dong is on a float. All currencies float for the most part. Except for like the dinar as an example.
6-13-2020 Newshound Guru Pimpy Here's a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people should probably change the rate to help their economy. Gee do you think Paul Ryan has Iraqi dinar?
6-13-2020 Intel Guru Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
6-13-2020 Newshound Guru MilitiaMan Article: "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow" It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment. Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! [post 1 of 2....stay tuned]
6-13-2020 Newshound Guru Pimpy ...People go, 'What are you looking for?' ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8. Give them back their sovereignty. Give them back their internationally recognized currency. Allow it to be on the Forex and start trading. That's what we want. That's what we're looking for.
6-13-2020 Newshound Guru Kaperoni If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.
6-13-2020 Intel Guru Footforward [I wasn’t sure when VND revalues if it would be fixed or on a float with the potential to go higher.] they would be smart to fix the dinar and dong. Currently the dong is on a float. All currencies float for the most part. Except for like the dinar as an example.
6-13-2020 Newshound Guru Pimpy Here's a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people should probably change the rate to help their economy. Gee do you think Paul Ryan has Iraqi dinar?
6-13-2020 Intel Guru Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
6-11-2020 Intel Guru MarkZ [via PDK] I still think we need to see more disclosure but the banking world seems to think things are going to break loose today...We are watching the end…we just have to hold on and make it through it...the thing about the banking side is they have to be prepared at all times because when it is ready…they have to be in place…but, they are like the boy who cried wolf… I believe the rank and file bankers are doing their best…
6-11-2020 Newshound/Intel Guru Mnt Goat There is much more going on than the Iraqi news media is telling us. The CBI is being very sneaky. I believe we are at the cusp of the end of this long-awaited payoff of our investment. This is of course not investment advice in anyway and just my opinion based on all the information I am now hearing. We know the central bank still has to educate the citizens again and so this will be our sure que as to the status of the “project to delete the zeros”. Yes, we are moving ahead but we still need a final confirmation. Will the CBI give it to us soon?... [post 2 of 2]
6-11-2020 Newshound/Intel Guru Mnt Goat ...From the Central Bank we are still hearing all very good news in the effort to go international so Iraq can tap into these secondary markets with investors. But what will these investors invest in? So, we see the dilemma again in not having a marketable currency within the global exchanges. By not having a viable currency this impacts the ability of the ISX investors, to issue more bonds, to pay debts and incentives for investors to want to flock to Iraq. Oh – but now suddenly we see investors beginning to come in. Why? I believe they know of the plan to globalize the economy thus have a viable currency and have it very soon. [post 1 of 2....stay tuned]
6-11-2020 Newshound Guru Pimpy ...we know right now that the United States is over there. They're in dialog with Iraq. Iraq is really pushing for sovereignty. We need this to happen. People keep asking me, "What do you mean...about sovereignty?" If you invest in the Iraqi dinar there's a reason why you can't walk in right now into Wells Fargo and exchange it at its current rate. That's because the currency at the present moment is not being recognized internationally...for the most part most banks won't deal with you right now because the currency is not an international currency. That's because we need the United Nations to once again allow Iraq to have their sovereignty and in order to do so they have to have their own currency which means they have to recognize the Iraqi dinar...
6-11-2020 Intel Guru Footforward [...is there any reason the Iraqi dinar went from $3+ in 2004 then declined sharply to 0.0008? How can a currency fall so fast?] that should be 2003 I think. It fell because it was manipulated to go there. That was the program rate. Part of how, in my opinion, we know the dinar isn't supposed to be worthless. [so when they RV they would have to go back to at least that rate again right?] there are two potential outcomes. A reinstatement (RI) which takes it back to the old rate, or an RV, which can take it somewhere below or above the old rate...my opinion is it will RV higher then the old rate.
6-11-2020 Newshound Guru Kaperoni I have received a few messages from members in recent weeks asking me what the chances are that Iraq will LOP. It is possible but keep in mind Parliament would have to approve of such an event.
6-11-2020 Newshound Guru Adam Montana ...OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day...My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. ...Kazzamie is weeding through the mess, doing positive things, moving the ship forward...Also noteworthy is an article...CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“! If this kind of stuff doesn't put a smile on your face, nothing will!
6-11-2020 Newshound Guru Pimpy We do want Iraq to be recognized as a sovereign nation all over again along with a recognizable currency. Right now there's only one bank that you can go to and exchange your Iraqi dinar at the current rate and that's Chase Bank. My bank Wells Fargo won't even talk to you until they are recognized internationally again. So this is a big couple of days coming up. I feel really positive about it...
6-11-2020 Newshound/Intel Guru Mnt Goat There is much more going on than the Iraqi news media is telling us. The CBI is being very sneaky. I believe we are at the cusp of the end of this long-awaited payoff of our investment. This is of course not investment advice in anyway and just my opinion based on all the information I am now hearing. We know the central bank still has to educate the citizens again and so this will be our sure que as to the status of the “project to delete the zeros”. Yes, we are moving ahead but we still need a final confirmation. Will the CBI give it to us soon?... [post 2 of 2]
6-11-2020 Newshound/Intel Guru Mnt Goat ...From the Central Bank we are still hearing all very good news in the effort to go international so Iraq can tap into these secondary markets with investors. But what will these investors invest in? So, we see the dilemma again in not having a marketable currency within the global exchanges. By not having a viable currency this impacts the ability of the ISX investors, to issue more bonds, to pay debts and incentives for investors to want to flock to Iraq. Oh – but now suddenly we see investors beginning to come in. Why? I believe they know of the plan to globalize the economy thus have a viable currency and have it very soon. [post 1 of 2....stay tuned]
6-11-2020 Newshound Guru Pimpy ...we know right now that the United States is over there. They're in dialog with Iraq. Iraq is really pushing for sovereignty. We need this to happen. People keep asking me, "What do you mean...about sovereignty?" If you invest in the Iraqi dinar there's a reason why you can't walk in right now into Wells Fargo and exchange it at its current rate. That's because the currency at the present moment is not being recognized internationally...for the most part most banks won't deal with you right now because the currency is not an international currency. That's because we need the United Nations to once again allow Iraq to have their sovereignty and in order to do so they have to have their own currency which means they have to recognize the Iraqi dinar...
6-11-2020 Intel Guru Footforward [...is there any reason the Iraqi dinar went from $3+ in 2004 then declined sharply to 0.0008? How can a currency fall so fast?] that should be 2003 I think. It fell because it was manipulated to go there. That was the program rate. Part of how, in my opinion, we know the dinar isn't supposed to be worthless. [so when they RV they would have to go back to at least that rate again right?] there are two potential outcomes. A reinstatement (RI) which takes it back to the old rate, or an RV, which can take it somewhere below or above the old rate...my opinion is it will RV higher then the old rate.
6-11-2020 Newshound Guru Kaperoni I have received a few messages from members in recent weeks asking me what the chances are that Iraq will LOP. It is possible but keep in mind Parliament would have to approve of such an event.
6-11-2020 Newshound Guru Adam Montana ...OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day...My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. ...Kazzamie is weeding through the mess, doing positive things, moving the ship forward...Also noteworthy is an article...CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“! If this kind of stuff doesn't put a smile on your face, nothing will!
6-11-2020 Newshound Guru Pimpy We do want Iraq to be recognized as a sovereign nation all over again along with a recognizable currency. Right now there's only one bank that you can go to and exchange your Iraqi dinar at the current rate and that's Chase Bank. My bank Wells Fargo won't even talk to you until they are recognized internationally again. So this is a big couple of days coming up. I feel really positive about it...
6-10-2020 Intel Guru Bruce [via WiserNow] ...We have had some sources tell us that they’ve been told to shut up – keep it quiet ...and when they’re told to keep it quiet it’s because...things are happening behind the scenes...we know that Iraq’s rates were to be on the screens yesterday morning – we could not confirm they were on our bank screens but we know that they had done everything that the IMF had requested of Iraq and that the United Nations had requested of Iraq regarding ...going from Chapter 7 to Chapter 8 - which was their position of sovereignty as a Nation...It’s like everything is prepared for this time...
6-10-2020 Newshound/Intel Guru Mnt Goat Article: "RAISE THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR" ...at least they are now talking to raise the value of the dinar and not devalue it as an alternative. What a turn-around!
6-10-2020 Guest Guru Bob Locke [via PDK] I know everybody is very frustrated waiting for the RV and constantly hearing M,W, F…but if you look closely things are happening. You don’t need to have intelligence sources in the banks or anywhere else to see that things are happening. The fact that Trump mentioned RV 5 times in that one press briefing…it’s being thrown in your face…so have faith… Your [Guru MarkZ] original thought that they would use this virus lockdown to work through the RV and allow people to exchange...I think it still holds true…Now is a really appropriate time because so many places need money for infrastructure…all the cities and towns that were looted and burned….
6-10-2020 Intel Guru MarkZ [via PDK] I am still looking for it to happen before July 1… I think we are that close. I just wish the people who are saying its today would be right…lol...there is so much chatter that everything is positioned but I know they don’t want us to know the timing…
6-10-2020 Newshound Guru Pimpy We all know the 10th and 11th starts the big meeting with the United States, the United Nations, the World Bank might be there but we know Kuwait and Saudi Arabia are supposed to be there as well...What we're really looking for is for the United Nations to feel that Iraq has done enough so that they can have control over their own sovereignty. That's what we want...in order to be a sovereign nation they must have an internationally recognized currency. In order for us to benefit from any kind of rate change , in order for us to be able to run down to the bank and do any type of rate change, their currency must be recognized internationally. This is a big deal for us. This is what we hope comes out of this...the rest of the week is going to be very very interesting for us. Let's keep our fingers crossed for some big news...
6-10-2020 Intel Guru Footforward [They haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-10-2020 Newshound Guru Adam Montana [...we are in the best position ever...its coming down to the wire. we expect deal done with the kurds re oil this week if has not already been done.] Coming down the wire indeed!
6-10-2020 Newshound Guru MiltiaMan ...they're [CBI] not allowed to just go out and broadcast to everybody exactly how they're gonna do it but they do educate to a certain degree. Plausible deniability, I like to call it. I think we have a really good time frame that we're staring at and the speed at which they're doing it, the urgency. The wording that they're using - Implement. Activate. Immediate. Speed. They're using all that terminology. It's all over the place. You can't deny it...
6-10-2020 Newshound Guru Pimpy ...I look forward to seeing what's gonna happen from these meetings. They start tomorrow [Wednesday, the 10th]. I know a lot of people are feeling anxious because there's a lot of people that have a vibe that this thing is getting ready to pop off and this meeting is gonna tell us a whole lot. We will soon see. Let's keep your fingers crossed. [reference Guru Pimpy's post 6-9-2020]
6-10-2020 Intel Guru Frank26 ...There are many many countries that are pouring into Iraq now, all at once. They are squeezing in - Why? ...because they've been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen...
6-10-2020 Newshound/Intel Guru Mnt Goat Article: "RAISE THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR" ...at least they are now talking to raise the value of the dinar and not devalue it as an alternative. What a turn-around!
6-10-2020 Guest Guru Bob Locke [via PDK] I know everybody is very frustrated waiting for the RV and constantly hearing M,W, F…but if you look closely things are happening. You don’t need to have intelligence sources in the banks or anywhere else to see that things are happening. The fact that Trump mentioned RV 5 times in that one press briefing…it’s being thrown in your face…so have faith… Your [Guru MarkZ] original thought that they would use this virus lockdown to work through the RV and allow people to exchange...I think it still holds true…Now is a really appropriate time because so many places need money for infrastructure…all the cities and towns that were looted and burned….
6-10-2020 Intel Guru MarkZ [via PDK] I am still looking for it to happen before July 1… I think we are that close. I just wish the people who are saying its today would be right…lol...there is so much chatter that everything is positioned but I know they don’t want us to know the timing…
6-10-2020 Newshound Guru Pimpy We all know the 10th and 11th starts the big meeting with the United States, the United Nations, the World Bank might be there but we know Kuwait and Saudi Arabia are supposed to be there as well...What we're really looking for is for the United Nations to feel that Iraq has done enough so that they can have control over their own sovereignty. That's what we want...in order to be a sovereign nation they must have an internationally recognized currency. In order for us to benefit from any kind of rate change , in order for us to be able to run down to the bank and do any type of rate change, their currency must be recognized internationally. This is a big deal for us. This is what we hope comes out of this...the rest of the week is going to be very very interesting for us. Let's keep our fingers crossed for some big news...
6-10-2020 Intel Guru Footforward [They haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-10-2020 Newshound Guru Adam Montana [...we are in the best position ever...its coming down to the wire. we expect deal done with the kurds re oil this week if has not already been done.] Coming down the wire indeed!
6-10-2020 Newshound Guru MiltiaMan ...they're [CBI] not allowed to just go out and broadcast to everybody exactly how they're gonna do it but they do educate to a certain degree. Plausible deniability, I like to call it. I think we have a really good time frame that we're staring at and the speed at which they're doing it, the urgency. The wording that they're using - Implement. Activate. Immediate. Speed. They're using all that terminology. It's all over the place. You can't deny it...
6-10-2020 Newshound Guru Pimpy ...I look forward to seeing what's gonna happen from these meetings. They start tomorrow [Wednesday, the 10th]. I know a lot of people are feeling anxious because there's a lot of people that have a vibe that this thing is getting ready to pop off and this meeting is gonna tell us a whole lot. We will soon see. Let's keep your fingers crossed. [reference Guru Pimpy's post 6-9-2020]
6-10-2020 Intel Guru Frank26 ...There are many many countries that are pouring into Iraq now, all at once. They are squeezing in - Why? ...because they've been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen...
6-9-2020 Intel Guru Footforward [So what is the “rumored rate range for the VND? I have heard anywhere between .10 - 2.00] rumors have it in that range. There is no way it will be 2 bucks in my opinion...5 cents would be my opinion for a low end rate on the dong.
6-9-2020 Intel Guru MarkZ [via PDK] The currency boards have been covered with rumors and all kinds of details over the last few weeks...…well, I am hearing those same things from people who send me posts and rumors and videos…So I call my banking contacts in Zurich, Dubai, Reno and Hong Kong…and I am waiting for the money to move… so yes I hear those rumors but I just do not see any money movement yet...We were expecting a lot to occur over the weekend and expecting a lot to occur overnight last night. We are seeing a lot of positioning…there are key players in key places right now….it is happening, but we need to watch it roll out…there is a lot of disclosure happening…I am excited about this.
6-9-2020 Newshound Guru Pimpy It's definitely getting close to crunch time here. We know that tomorrow on the 10th the heavy hitters start pulling in for this big meeting with the United States and Iraq. The official meeting starts on the 11th but people are arriving and starting talks on the 10th. We're definitely going to be paying close attention to what is going on over these next couple of days...
6-9-2020 Newshound/Intel Guru Mnt Goat ...The news today is short but all very good as Iraq now seems to be moving in the right direction. The stronghold of Iran on Iraq seems to be broken...We see the protestors back on track as they want the promised reforms. We are hearing that al-Kazemi is going to give them all the demands they requested. Meanwhile the CBI is making plans to launch and complete “project to delete the zeros” this year... So, NO, things are not as usual for Iraq they are moving ahead...the momentum will increase as time goes on...
6-9-2020 Intel Guru Footforward [...if they changed the rate this Wednesday, they couldn’t keep it hidden or a secret for a few weeks? They’d have to come right out with it?] yep. You can't have two different exchange rates in play. It's one or the other. You can't have one in country and another outside of the country. They can't hide this or keep it "in country"...As soon as the rate changes, it has to go international. From east to west. Would take about 8-13 hours to process through the system is what I've been told...banking systems are set up for that kind of thing. It will change in their system suddenly. Over night. From east to west.
6-9-2020 Newshound Guru Jeff ...that level of news about launching their economy, completing the 2020 budget that would suggest they're ready to change the rate because IMO the approval process of the budget is waiting on the rate change...they are preparing to send the budget for approval around the end of June. IMO they have to send it after the rate has changed.
6-9-2020 Intel Guru Frank26 ...my broker is able to get dinars still but the thing is the borders of Iraq are shut tight...also the Central Bank of Iraq about 2 1/2 years ago stopped selling dinars to money exchangers, to brokers...before you introduce a new currency, a redenomination with a new exchange rate you have to collect the old currency. You can't have dual currency out there. You can't have a dual exchange rate...It is difficult to get the Iraqi dinar...
6-9-2020 Newshound Guru Pimpy ...In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It's all looking good...It seems to me like every bit of news now that we read seems to be going in a positive direction...
6-9-2020 Newshound Guru MilitiaMan ...we see the rebalancing of two potentially large partners, both Saudi Arabia and Kuwait. They will need to be fully article 8 imo to re balance the trade and investments with the two countries... They stopped the auctions about 16 days ago. Liquidity is drying up and inflation is setting in. They need to do business and quickly, or they'll have even further issues. Something they are well aware of and have a cure for...raising the value of their currency to allow them to get on and into secondary markets is one [cure] that will work to do just that...IMO We are in a very awesome place these days...
6-9-2020 Newshound Guru Kaperoni ...Iraq is in no position under the current economic and financial conditions to add value. In fact they're talking about devaluing the dinar. I have been stating for well over a year now that Iraq has a lot of work to do by passing laws, creating stability, etc to encourage investors to come in and participate in the private sector only then can the dinar go up in value.
6-9-2020 Intel Guru MarkZ [via PDK] The currency boards have been covered with rumors and all kinds of details over the last few weeks...…well, I am hearing those same things from people who send me posts and rumors and videos…So I call my banking contacts in Zurich, Dubai, Reno and Hong Kong…and I am waiting for the money to move… so yes I hear those rumors but I just do not see any money movement yet...We were expecting a lot to occur over the weekend and expecting a lot to occur overnight last night. We are seeing a lot of positioning…there are key players in key places right now….it is happening, but we need to watch it roll out…there is a lot of disclosure happening…I am excited about this.
6-9-2020 Newshound Guru Pimpy It's definitely getting close to crunch time here. We know that tomorrow on the 10th the heavy hitters start pulling in for this big meeting with the United States and Iraq. The official meeting starts on the 11th but people are arriving and starting talks on the 10th. We're definitely going to be paying close attention to what is going on over these next couple of days...
6-9-2020 Newshound/Intel Guru Mnt Goat ...The news today is short but all very good as Iraq now seems to be moving in the right direction. The stronghold of Iran on Iraq seems to be broken...We see the protestors back on track as they want the promised reforms. We are hearing that al-Kazemi is going to give them all the demands they requested. Meanwhile the CBI is making plans to launch and complete “project to delete the zeros” this year... So, NO, things are not as usual for Iraq they are moving ahead...the momentum will increase as time goes on...
6-9-2020 Intel Guru Footforward [...if they changed the rate this Wednesday, they couldn’t keep it hidden or a secret for a few weeks? They’d have to come right out with it?] yep. You can't have two different exchange rates in play. It's one or the other. You can't have one in country and another outside of the country. They can't hide this or keep it "in country"...As soon as the rate changes, it has to go international. From east to west. Would take about 8-13 hours to process through the system is what I've been told...banking systems are set up for that kind of thing. It will change in their system suddenly. Over night. From east to west.
6-9-2020 Newshound Guru Jeff ...that level of news about launching their economy, completing the 2020 budget that would suggest they're ready to change the rate because IMO the approval process of the budget is waiting on the rate change...they are preparing to send the budget for approval around the end of June. IMO they have to send it after the rate has changed.
6-9-2020 Intel Guru Frank26 ...my broker is able to get dinars still but the thing is the borders of Iraq are shut tight...also the Central Bank of Iraq about 2 1/2 years ago stopped selling dinars to money exchangers, to brokers...before you introduce a new currency, a redenomination with a new exchange rate you have to collect the old currency. You can't have dual currency out there. You can't have a dual exchange rate...It is difficult to get the Iraqi dinar...
6-9-2020 Newshound Guru Pimpy ...In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It's all looking good...It seems to me like every bit of news now that we read seems to be going in a positive direction...
6-9-2020 Newshound Guru MilitiaMan ...we see the rebalancing of two potentially large partners, both Saudi Arabia and Kuwait. They will need to be fully article 8 imo to re balance the trade and investments with the two countries... They stopped the auctions about 16 days ago. Liquidity is drying up and inflation is setting in. They need to do business and quickly, or they'll have even further issues. Something they are well aware of and have a cure for...raising the value of their currency to allow them to get on and into secondary markets is one [cure] that will work to do just that...IMO We are in a very awesome place these days...
6-9-2020 Newshound Guru Kaperoni ...Iraq is in no position under the current economic and financial conditions to add value. In fact they're talking about devaluing the dinar. I have been stating for well over a year now that Iraq has a lot of work to do by passing laws, creating stability, etc to encourage investors to come in and participate in the private sector only then can the dinar go up in value.
6-8-2020 Intel Guru Footforward [...cant they also open up international without the RV as well?] not really. They have to have their own international currency for that. The dinar needs to be reinstated to it's true value before that can happen...
6-8-2020 Intel Guru MarkZ [via PDK] [Did you see the speech where POTUS said RV 5 times!!! He really hinted at an RV.] I thought that was more than a little curious. We are seeing a lot of signs...they need to stop playing games and do it.
6-8-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$...
6-8-2020 Intel Guru Footforward [ I do not understand how re-valuing the Dinar to a higher rate helps the Iraqi people...] ...it helps Iraq because they can go international. They can open their boarders and open to world which will have a massive impact on their economy. To the average person in Iraq it will help them with work. But the average person in Iraq will not become rich from this...
6-8-2020 Newshound Guru Pimpy I want to comment on the vibe. Even some of the naysayers that I usually hear from [are] starting to slightly sway in the other direction. They're starting to see a lot of things happening. I don't know if that's just the power of positive thinking. There's a lot of good vibes out there and so it just kind of pulling those individual over to the positive side because I think those types of things happen. It's looking good. Big steps happening...
6-8-2020 Intel Guru MarkZ [via PDK] Iraq did not go yet even though there were great expectations for last weekend. My diplomatic contact over there is believing that Wednesday may be the day.
6-8-2020 Newshound Guru MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency.. imo.
6-8-2020 Intel Guru Footforward [...you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now...] Iraq's boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that's going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It's all sold and out of stock. This is all my opinion...
6-8-2020 Intel Guru MarkZ [via PDK] [Did you see the speech where POTUS said RV 5 times!!! He really hinted at an RV.] I thought that was more than a little curious. We are seeing a lot of signs...they need to stop playing games and do it.
6-8-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$...
6-8-2020 Intel Guru Footforward [ I do not understand how re-valuing the Dinar to a higher rate helps the Iraqi people...] ...it helps Iraq because they can go international. They can open their boarders and open to world which will have a massive impact on their economy. To the average person in Iraq it will help them with work. But the average person in Iraq will not become rich from this...
6-8-2020 Newshound Guru Pimpy I want to comment on the vibe. Even some of the naysayers that I usually hear from [are] starting to slightly sway in the other direction. They're starting to see a lot of things happening. I don't know if that's just the power of positive thinking. There's a lot of good vibes out there and so it just kind of pulling those individual over to the positive side because I think those types of things happen. It's looking good. Big steps happening...
6-8-2020 Intel Guru MarkZ [via PDK] Iraq did not go yet even though there were great expectations for last weekend. My diplomatic contact over there is believing that Wednesday may be the day.
6-8-2020 Newshound Guru MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency.. imo.
6-8-2020 Intel Guru Footforward [...you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now...] Iraq's boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that's going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It's all sold and out of stock. This is all my opinion...
6-7-2020 *** 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 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...
6-7-2020 Newshound Guru Pimpy ...we are so close it's not even funny. What I'm seeing in these news articles is Iraq is setting themselves up to be a sovereign nation again. Yes, finally! 'But why is that a big deal Pimpy?' I'll tell you. In order for them to be a sovereign nation they must have an internationally recognized currency. Yes, a currency that's recognized and traded on the Forex. This is good. This is what we want to see happening...hope and pray...This what we need to help the Iraqi dinar get back on the international scene so that the rate change can take place...
6-7-2020 Intel Guru RayRen98 ...The Kurds are sending a delegation to Baghdad next week to finalize the deal. That's the oil and gas Article 140. That should be the final missing part since the full cabinet is now seated...
6-7-2020 Newshound Guru Jeff ...I keep stressing this is about accounting periods. I also told you numerous times that Iraq is walking in Kuwaits footsteps. Kuwait changed their rate over the last month of the quarter in the 3rd weekend of the month...that is the period of June 21st...June 21st is the end of the third week of the last month of the quarter.
6-7-2020 Newshound/Intel Guru RVAlready No dinar on the US market would be a positive indicator, IMO. If I were Iraq, I’d be pushing to get the RV done this weekend.
6-7-2020 Intel Guru Frank26 ...you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve...an increase in the value of your currency so you have more purchasing power. You'll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it'll have an international rate...I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You're not only going to have purchasing power added but now you're going to have the mineral rights, oil rights...the Kurds IMO put their signature on this HCL and it's going to be delivered I believe on Monday...
6-7-2020 Newshound Guru Pimpy They are talking a lot about the rate change. Some of the changes seem very minor but any change is better than no change at all. It's hard not to get overly excited. Let's keep positive and pay attention to what's going on because like I said ever since Al-Kazemi got put into office man that guy's hitting the ground running.
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.
6-7-2020 Newshound Guru Pimpy ...we are so close it's not even funny. What I'm seeing in these news articles is Iraq is setting themselves up to be a sovereign nation again. Yes, finally! 'But why is that a big deal Pimpy?' I'll tell you. In order for them to be a sovereign nation they must have an internationally recognized currency. Yes, a currency that's recognized and traded on the Forex. This is good. This is what we want to see happening...hope and pray...This what we need to help the Iraqi dinar get back on the international scene so that the rate change can take place...
6-7-2020 Intel Guru RayRen98 ...The Kurds are sending a delegation to Baghdad next week to finalize the deal. That's the oil and gas Article 140. That should be the final missing part since the full cabinet is now seated...
6-7-2020 Newshound Guru Jeff ...I keep stressing this is about accounting periods. I also told you numerous times that Iraq is walking in Kuwaits footsteps. Kuwait changed their rate over the last month of the quarter in the 3rd weekend of the month...that is the period of June 21st...June 21st is the end of the third week of the last month of the quarter.
6-7-2020 Newshound/Intel Guru RVAlready No dinar on the US market would be a positive indicator, IMO. If I were Iraq, I’d be pushing to get the RV done this weekend.
6-7-2020 Intel Guru Frank26 ...you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve...an increase in the value of your currency so you have more purchasing power. You'll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it'll have an international rate...I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You're not only going to have purchasing power added but now you're going to have the mineral rights, oil rights...the Kurds IMO put their signature on this HCL and it's going to be delivered I believe on Monday...
6-7-2020 Newshound Guru Pimpy They are talking a lot about the rate change. Some of the changes seem very minor but any change is better than no change at all. It's hard not to get overly excited. Let's keep positive and pay attention to what's going on because like I said ever since Al-Kazemi got put into office man that guy's hitting the ground running.
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!
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!
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 ...
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 ...
6-4-2020 Intel Guru Footforward ...at this point...In my opinion, this should happen in June. They want to do a ton of things economically July 1, and they need an RV for all of it
6-4-2020 Newshound Guru Adam Montana These topics will get you up to speed on "the rest of the story" quickly:
1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential:
2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past.
3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress...They may not vote every one of them in, but 80% will be enough to move forward.
4. ...Parliament is working...
Life is good, things in the desert look positive...
6-4-2020 Intel Guru MarkZ [via PDK] Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. [Are you looking for RV tomorrow?] Not tomorrow… I am looking at the next days or week or two… Things are definitely ramping up.
6-4-2020 Intel Guru Footforward RV won't ever be on a Friday...Not in Iraq...Friday is their Holy Day there. Nothing happens on that day. [so what is a good day for the VND?] ...really any day. Likely not a Friday either...
6-4-2020 Newshound Guru Jeff ...there's two things they got to do for the rate change. - 7 ministers of the cabinet. - Complete that agreement with Kurdistan and sign off on it. They're most likely to complete those the same week. The reason why they didn't do it today, it's real simple. It's because they have a rate change date already set and scheduled. It's done...the last remaining items they're theoretically the linchpin for the rate change. What they're going to do is finish these items in closer proximity to the timing of the rate change...when you see these items they are confirmation that the rate change is about to happen...you're right on the edge of the rate change. This rate change is not going into July. It's happening in the second half of June. The date is right in front of your eyes.
6-4-2020 Newshound Guru Adam Montana ...After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: Quote: "Al-Kadhimi was a vocal opponent to the dictatorship of the Saddam Hussein regime.[3] He left Iraq in 1985 to Iran then Germany and settled in United Kingdom and lived in exile for several years, yet is not affiliated with any of the Iraqi political parties." The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami!
6-4-2020 Intel Guru MarkZ [Iraq also said yesterday they were going to not float the new rate. that would manage it.] that is how I understand it. Managed and not float. Fixed to an asset standard. That is a good indicator for us.
6-4-2020 Newshound Guru Adam Montana These topics will get you up to speed on "the rest of the story" quickly:
1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential:
2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past.
3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress...They may not vote every one of them in, but 80% will be enough to move forward.
4. ...Parliament is working...
Life is good, things in the desert look positive...
6-4-2020 Intel Guru MarkZ [via PDK] Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. [Are you looking for RV tomorrow?] Not tomorrow… I am looking at the next days or week or two… Things are definitely ramping up.
6-4-2020 Intel Guru Footforward RV won't ever be on a Friday...Not in Iraq...Friday is their Holy Day there. Nothing happens on that day. [so what is a good day for the VND?] ...really any day. Likely not a Friday either...
6-4-2020 Newshound Guru Jeff ...there's two things they got to do for the rate change. - 7 ministers of the cabinet. - Complete that agreement with Kurdistan and sign off on it. They're most likely to complete those the same week. The reason why they didn't do it today, it's real simple. It's because they have a rate change date already set and scheduled. It's done...the last remaining items they're theoretically the linchpin for the rate change. What they're going to do is finish these items in closer proximity to the timing of the rate change...when you see these items they are confirmation that the rate change is about to happen...you're right on the edge of the rate change. This rate change is not going into July. It's happening in the second half of June. The date is right in front of your eyes.
6-4-2020 Newshound Guru Adam Montana ...After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: Quote: "Al-Kadhimi was a vocal opponent to the dictatorship of the Saddam Hussein regime.[3] He left Iraq in 1985 to Iran then Germany and settled in United Kingdom and lived in exile for several years, yet is not affiliated with any of the Iraqi political parties." The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami!
6-4-2020 Intel Guru MarkZ [Iraq also said yesterday they were going to not float the new rate. that would manage it.] that is how I understand it. Managed and not float. Fixed to an asset standard. That is a good indicator for us.
6-3-2020 Newshound Guru Pimpy ...there are a lot of reason to be excited about this month...I'm noticing that the other so-called gurus some of them are already making excuses saying...it's the riots. It's just gonna be one excuse after another. Someone asked me, 'do you think all these things are happening to prevent the exchange from changing?' I don't think one has to do with the other. But if I was Trump and I wanted to quickly squash all the rioting and get everybody happy again - make the rate change happen. That would definitely be a distraction from everything that's going on. We are in June now. We are in the summer months. We're going into the second half of the year. Trump promised us a good third quarter and even more explosive fourth quarter and a better 2021. We're all expecting the same thing and that is to see a rate change...
6-3-2020 Guest Guru Petra ...clearly to me there is a change going on in the process with the Iraqi dinar...it's all culminating to what we're seeing right now and that is the imminent change of the Iraqi Dinar. To me it's very clear.
6-3-2020 Intel Guru Bruce ...I don’t think this is going to go on for too long...it’s close and we should be there either Wednesday/Thursday...Yesterday we had the green light from the IMF...Now – if we get that so called green light – from that final agency – then we should be good to go – either tomorrow [Wednesday] or Thursday – Obviously the best day that we could go would be on a Wednesday – that is the day Kuwait revalued – back in the 90’s – and we think that would be the best and I think the Iraqi’s would like to see it happen on Wednesday as well... we don’t have a start time on it – we have a “tentative” start time over the next couple of days – depending upon the full blown release of security to begin... IMF is ready to go – other institutions ready - we are now on as of ...1st of June completely on the Quantum financial system - away from the Swift System – it’s all good...
6-3-2020 Intel Guru MarkZ [via PDK] I am still hearing that tonight is still the expectation from the banking and government side...I still feel there is not enough safety...I hope the government and banking sources are right and I am wrong. [So is this the week?] if you listen to my banking and government sources they swear this is the week. Even my Iraq contacts believe this is the week...they are printing Lower denominations and educating the people…while they get rid of auctions... Keep in mind that literally the morning before they revalued - Kuwait told us it would be years before they could revalue...
6-3-2020 Intel Guru Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this...
6-3-2020 Newshound Guru Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
6-3-2020 Newshound Guru Pimpy ...I can't help but be impressed with the speed and due diligence of al-Kazemi. He's really doing what he needs to do to make sure that Iraq is becoming stable and preparing for the future. It's really impressive... What happens in the middle of this month? Yes that's right the big meeting is going to take place therefor we must have all our ducks in a row and I absolutely feel positive that the cabinet will be completed before Americans show up...not only is he filling his cabinet but he's passing laws. This guy is unbelievable!
6-3-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-3-2020 Intel Guru Frank26 ...we told you there would be a trickling of information down to the citizens. They're talking to the citizens on television about the exchange rate. Adding value to their currency...information is flowing very rapidly right now ladies and gentlemen. I mean it's just as obvious as can be...
6-3-2020 Guest Guru Petra ...clearly to me there is a change going on in the process with the Iraqi dinar...it's all culminating to what we're seeing right now and that is the imminent change of the Iraqi Dinar. To me it's very clear.
6-3-2020 Intel Guru Bruce ...I don’t think this is going to go on for too long...it’s close and we should be there either Wednesday/Thursday...Yesterday we had the green light from the IMF...Now – if we get that so called green light – from that final agency – then we should be good to go – either tomorrow [Wednesday] or Thursday – Obviously the best day that we could go would be on a Wednesday – that is the day Kuwait revalued – back in the 90’s – and we think that would be the best and I think the Iraqi’s would like to see it happen on Wednesday as well... we don’t have a start time on it – we have a “tentative” start time over the next couple of days – depending upon the full blown release of security to begin... IMF is ready to go – other institutions ready - we are now on as of ...1st of June completely on the Quantum financial system - away from the Swift System – it’s all good...
6-3-2020 Intel Guru MarkZ [via PDK] I am still hearing that tonight is still the expectation from the banking and government side...I still feel there is not enough safety...I hope the government and banking sources are right and I am wrong. [So is this the week?] if you listen to my banking and government sources they swear this is the week. Even my Iraq contacts believe this is the week...they are printing Lower denominations and educating the people…while they get rid of auctions... Keep in mind that literally the morning before they revalued - Kuwait told us it would be years before they could revalue...
6-3-2020 Intel Guru Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this...
6-3-2020 Newshound Guru Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
6-3-2020 Newshound Guru Pimpy ...I can't help but be impressed with the speed and due diligence of al-Kazemi. He's really doing what he needs to do to make sure that Iraq is becoming stable and preparing for the future. It's really impressive... What happens in the middle of this month? Yes that's right the big meeting is going to take place therefor we must have all our ducks in a row and I absolutely feel positive that the cabinet will be completed before Americans show up...not only is he filling his cabinet but he's passing laws. This guy is unbelievable!
6-3-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-3-2020 Intel Guru Frank26 ...we told you there would be a trickling of information down to the citizens. They're talking to the citizens on television about the exchange rate. Adding value to their currency...information is flowing very rapidly right now ladies and gentlemen. I mean it's just as obvious as can be...
6-2-2020 Guest Guru Petra ...Fantastic news. Its coming together in a culmination of education. The fact that they're under curfew and then what do they [Iraqi citizens] do? They sit and watch TV. What else are they gonna do? And they hear a presentation like that informing them on what's coming [Reference Guru Delta's Post 6-2-2020]. It's all part of the process. It's all part of the fact that they're kind of forcing education on them. I still think they need some time to ask questions and to go in and do their exchanging if they wanted with the new smaller category notes when those come out. I think all this information is great...
6-2-2020 Intel Guru Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No.
6-2-2020 Newshound Guru MilitiaMan Article: "Political movement to choose a foreign minister before the strategic dialogue with Washington" Quote: "Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to deep differences between the political blocs" There you go... The pressure is on and and big time. The 10th is not far off. imo They need time for the minister to see the files that they will discuss at the SFA meeting... More good stuff for us... imo...
6-2-2020 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from the CBI in this regard. I was told we should see some announcement soon of the progress and what they intend to do next. We still wait for this from the CBI. It is supposed to come out this week.
6-2-2020 Intel Guru MarkZ [via PDK] What I am hearing is Reno banking contacts swear that things are indeed moving…and that we will see the fruition by tomorrow night midnight their time. I am still not seeing enough disclosure in my book…but I hope they are correct. Government sources are saying Wednesday is the “go” . I hope they are correct and the banking side is right. My Iraqi sources...i have 3 on the ground…have great chatter…they are looking for something between now and Saturday morning. ...I know I was looking for June 1st…it did not come to fruition…I do not think we are far out…
6-2-2020 Newshound Guru Pimpy ...There's a lot of things happening in Iraq that I can't help to think to myself I'm not sure how they're gonna do these things or how any of these are gonna be possible without having a currency that's not recognized internationally. I just don't know how some of these agreements that they're getting into are going to be able to be fulfilled without having their currency rate changed or at least recognized internationally. There is some type of conference that's coming up in July where they open up to the rest of the world to come on in and think about investing into Iraq. There is going to be a plethora of nations invited and I have a feeling you're gonna see a lot of them come. Having said that it's gonna be really hard for this to be accomplished if they don't have a currency that's recognizable internationally...
6-2-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it.
6-2-2020 Intel Guru Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No.
6-2-2020 Newshound Guru MilitiaMan Article: "Political movement to choose a foreign minister before the strategic dialogue with Washington" Quote: "Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to deep differences between the political blocs" There you go... The pressure is on and and big time. The 10th is not far off. imo They need time for the minister to see the files that they will discuss at the SFA meeting... More good stuff for us... imo...
6-2-2020 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from the CBI in this regard. I was told we should see some announcement soon of the progress and what they intend to do next. We still wait for this from the CBI. It is supposed to come out this week.
6-2-2020 Intel Guru MarkZ [via PDK] What I am hearing is Reno banking contacts swear that things are indeed moving…and that we will see the fruition by tomorrow night midnight their time. I am still not seeing enough disclosure in my book…but I hope they are correct. Government sources are saying Wednesday is the “go” . I hope they are correct and the banking side is right. My Iraqi sources...i have 3 on the ground…have great chatter…they are looking for something between now and Saturday morning. ...I know I was looking for June 1st…it did not come to fruition…I do not think we are far out…
6-2-2020 Newshound Guru Pimpy ...There's a lot of things happening in Iraq that I can't help to think to myself I'm not sure how they're gonna do these things or how any of these are gonna be possible without having a currency that's not recognized internationally. I just don't know how some of these agreements that they're getting into are going to be able to be fulfilled without having their currency rate changed or at least recognized internationally. There is some type of conference that's coming up in July where they open up to the rest of the world to come on in and think about investing into Iraq. There is going to be a plethora of nations invited and I have a feeling you're gonna see a lot of them come. Having said that it's gonna be really hard for this to be accomplished if they don't have a currency that's recognizable internationally...
6-2-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it.
6-1-2020 Intel Guru MarkZ [via PDK] [Any news from your Government contacts?] No…and that’s actually where I am looking for news all day today…. After they allowed bankers to sit there all weekend without an explanation, I started contacting all my government contacts…even some I havn’t talked to in a while...
6-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE NATIONAL: SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES" So again we hear news about the necessity for Iraq to bring in investors and move to a private sector economy, taking pressure off the GOI to pay out these salaries each month. Why not let the private sector pay these salaries? But this will not come unless the investors flock in and this will not happen until they know that Iraq has a stable, global currency that can be easily exchangeable to their own currency of their country. When will Iraq reform their currency and get out of this program rate and 3 zero notes? They have gotten so used to surviving off the US dollar now it is hard to move from it.
6-1-2020 Intel Guru MarkZ [via PDK] [Is the RV real?] Absolutely…IMO…and also in the opinions of the bankers who are prepared for it…no part of me questions whether or not it is real.
6-1-2020 Newshound Guru MilitiaMan Article: "Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth" They have been vocal in recent past per [Guru] Delta (iho) that they have opened the ITB in SA yet, as they are like every one else, they need an international rate to deal with... Looks like the game is at the 2 minute warning now... imo... They are talking about internal and external banking that interlink with each other... They know what to expect by now... imo... Oh ya! It is not a program rate. They are talking on TV a rate change is coming. Alak told us and have others the right thing to do is not devalue the currency but to give value to it...imo! That is exactly what they are going to do...imo.
6-1-2020 Intel Guru MarkZ [via PDK] [...we've always been told that we need distractions to RV...Riots would be a great distraction while we redeem...] They would be a great distraction and hopefully that is what we will see. ...We need something huge to get out of all of this…..wouldn't an RV be good about now. We have been told all along it was going to get ugly at the end…
6-1-2020 Newshound Guru MilitiaMan Article: "Newspaper: Iraqi-American negotiations will start on June 10" I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster they need to place too, prior to that. It looks as that may be slated for Wednesday too. imo The convergence of many things of late is by no coincidence. ...ECONOMIC is to be a main focus in the future, imo...
6-1-2020 Intel Guru Footforward [Does anyone have any more info on the potential CBI satellite banks?] this is something frank [Guru Frank26] likely has the inside track on. This has never been talked about with my contacts. But I don't doubt it's validity...Frank by far has the best contacts in Iraq. That would hardly be surprising... [reference Guru Footforward post 5-31-2020]
6-1-2020 Newshound Guru MilitiaMan Article: "The Stock Exchange announces postponing its sessions until next week" Fascinating they kicked the can down the road again... Allows for any necessary adjustments that may come their way? lol Yep, imo... With the CBIESD site still showing a massive change to the ISX Indice the chances of them coming back again at a program rate seem to be a no way situation, imo.. From today through June 4th. That is Thursday... Man things look good for us. If they need to notify people, from now through next Saturday could be a very interesting time to do so... If need be... imo
6-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE NATIONAL: SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES" So again we hear news about the necessity for Iraq to bring in investors and move to a private sector economy, taking pressure off the GOI to pay out these salaries each month. Why not let the private sector pay these salaries? But this will not come unless the investors flock in and this will not happen until they know that Iraq has a stable, global currency that can be easily exchangeable to their own currency of their country. When will Iraq reform their currency and get out of this program rate and 3 zero notes? They have gotten so used to surviving off the US dollar now it is hard to move from it.
6-1-2020 Intel Guru MarkZ [via PDK] [Is the RV real?] Absolutely…IMO…and also in the opinions of the bankers who are prepared for it…no part of me questions whether or not it is real.
6-1-2020 Newshound Guru MilitiaMan Article: "Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth" They have been vocal in recent past per [Guru] Delta (iho) that they have opened the ITB in SA yet, as they are like every one else, they need an international rate to deal with... Looks like the game is at the 2 minute warning now... imo... They are talking about internal and external banking that interlink with each other... They know what to expect by now... imo... Oh ya! It is not a program rate. They are talking on TV a rate change is coming. Alak told us and have others the right thing to do is not devalue the currency but to give value to it...imo! That is exactly what they are going to do...imo.
6-1-2020 Intel Guru MarkZ [via PDK] [...we've always been told that we need distractions to RV...Riots would be a great distraction while we redeem...] They would be a great distraction and hopefully that is what we will see. ...We need something huge to get out of all of this…..wouldn't an RV be good about now. We have been told all along it was going to get ugly at the end…
6-1-2020 Newshound Guru MilitiaMan Article: "Newspaper: Iraqi-American negotiations will start on June 10" I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster they need to place too, prior to that. It looks as that may be slated for Wednesday too. imo The convergence of many things of late is by no coincidence. ...ECONOMIC is to be a main focus in the future, imo...
6-1-2020 Intel Guru Footforward [Does anyone have any more info on the potential CBI satellite banks?] this is something frank [Guru Frank26] likely has the inside track on. This has never been talked about with my contacts. But I don't doubt it's validity...Frank by far has the best contacts in Iraq. That would hardly be surprising... [reference Guru Footforward post 5-31-2020]
6-1-2020 Newshound Guru MilitiaMan Article: "The Stock Exchange announces postponing its sessions until next week" Fascinating they kicked the can down the road again... Allows for any necessary adjustments that may come their way? lol Yep, imo... With the CBIESD site still showing a massive change to the ISX Indice the chances of them coming back again at a program rate seem to be a no way situation, imo.. From today through June 4th. That is Thursday... Man things look good for us. If they need to notify people, from now through next Saturday could be a very interesting time to do so... If need be... imo
5-31-2020 Intel Guru Footforward ...all banks exchange dong. No banks except for Citi Bank exchange dinar right now because it's not an internationally traded currency. There is the potential for satellite banks from the CBI to be in the US...Imo the CBI would have the best rates. They are playing with house money. It costs them nothing to cash us out...Hence why there would be no income tax in that case. It literally becomes a currency swap in the truest sense... Between those, our banks and currency dealers, we will have tons of options. No bank in their right mind is going to talk about post RV right now... [Be sure to check with your tax professional at the appropriate time.]
5-31-2020 Newshound Guru Pimpy Article "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right! Quote "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on...
5-31-2020 Newshound Guru Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international...
5-31-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra" another gem talking about implementing radical financial reforms... Radical as in the removal of three zeros and apply REER (Real Effective Exchange Rate)? That would work for me..
5-31-2020 Newshound Guru Pimpy Trump has a lot more information and a ton of advisers that know a million things more than we all do but the point being if we're just generally speaking the whole world's economy needs a kick-start. In order for us to really have a booming economy here in the United States we're going to have to rely on other countries as well to help us do that. We need to manufacture things and export them. We also need to import goods as well. So that means everyone has to start off at a level playing field. How do you make that happen? Change the rate. Why is the third quarter going to be slow? Because as the rate changes and we're doing our exchanging the economy is only starting to rebound. The true numbers will pop out in the fourth quarter as more and more people go out and shop and buy and do what they need to do...I'm with you Trump and we all agree with you. We know a way that can make sure that the third and fourth quarters as well as next year are booming. Change the rate... [Post 3 of 3]
5-31-2020 Newshound Guru Pimpy ...If you were Trump and this quarantine just killed the best economy in recorded history...and you need to kick-start your country - You need to kick-start this economy? ...Let me add in something...In order for us to have a booming economy again that means other countries have to be kicking butt too. What kind of move can Trump make that wouldn't just kick-start the economy here in the United States, [but] kick-start economies around the world? How many dinar holders do you think are worldwide? How many Vietnam dong holders are worldwide? Do you see where I'm going with this? ...If you're in this situation that we're in right now around the world...you're gonna have to throw logic out the door. You're gonna have to make a move. And what is that move? ...Reset the currencies at the proper value. Reinstate Iraq's currency rate. That's what I would do if I was Trump. [Post 2 of 3....stay tuned]
5-31-2020 Newshound Guru Pimpy ...Is Trump hinting at when the rate change will happen? ...this next week for us I think is going to be really big. People keep asking me do you think Trump is going to pull the trigger on a rate change before the election. Well yeah, that would make sense to me. With everything that's going on, if you wanted to become a "shoe in", If Trump wanted to win in a landslide he would pull the trigger on the rate change. Will he? Let's hear what trump has to say, "...I can tell you the third and fourth quarter in particular are going to be I think spectacular." Gee, really? Why is that Trump? ...What would be the reason for him to think that? We're not even out of quarantine fully yet...he's got resistance from the democrats. The liberals are keeping their states and cities on lock-down...What makes him think there's going to be a huge recovery? He knows something that the rest of the people don't know. Or does he? Or do we know what Trump knows? [Post 1 of 3....stay tuned]
5-31-2020 Intel Guru RayRen98 A CERTAIN "GURU" IS TRYING TO GET PEOPLE EXCITED FOR SOMETHING ON SUNDAY NIGHT...I HAVE "NOT" HEARD ANY SUCH THING FROM OUR BANK SOURCES. TIME WILL TELL, OR NOT. [Reference Guru Bruce post 5-29-2020]
5-31-2020 Newshound Guru Pimpy Article "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right! Quote "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on...
5-31-2020 Newshound Guru Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international...
5-31-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra" another gem talking about implementing radical financial reforms... Radical as in the removal of three zeros and apply REER (Real Effective Exchange Rate)? That would work for me..
5-31-2020 Newshound Guru Pimpy Trump has a lot more information and a ton of advisers that know a million things more than we all do but the point being if we're just generally speaking the whole world's economy needs a kick-start. In order for us to really have a booming economy here in the United States we're going to have to rely on other countries as well to help us do that. We need to manufacture things and export them. We also need to import goods as well. So that means everyone has to start off at a level playing field. How do you make that happen? Change the rate. Why is the third quarter going to be slow? Because as the rate changes and we're doing our exchanging the economy is only starting to rebound. The true numbers will pop out in the fourth quarter as more and more people go out and shop and buy and do what they need to do...I'm with you Trump and we all agree with you. We know a way that can make sure that the third and fourth quarters as well as next year are booming. Change the rate... [Post 3 of 3]
5-31-2020 Newshound Guru Pimpy ...If you were Trump and this quarantine just killed the best economy in recorded history...and you need to kick-start your country - You need to kick-start this economy? ...Let me add in something...In order for us to have a booming economy again that means other countries have to be kicking butt too. What kind of move can Trump make that wouldn't just kick-start the economy here in the United States, [but] kick-start economies around the world? How many dinar holders do you think are worldwide? How many Vietnam dong holders are worldwide? Do you see where I'm going with this? ...If you're in this situation that we're in right now around the world...you're gonna have to throw logic out the door. You're gonna have to make a move. And what is that move? ...Reset the currencies at the proper value. Reinstate Iraq's currency rate. That's what I would do if I was Trump. [Post 2 of 3....stay tuned]
5-31-2020 Newshound Guru Pimpy ...Is Trump hinting at when the rate change will happen? ...this next week for us I think is going to be really big. People keep asking me do you think Trump is going to pull the trigger on a rate change before the election. Well yeah, that would make sense to me. With everything that's going on, if you wanted to become a "shoe in", If Trump wanted to win in a landslide he would pull the trigger on the rate change. Will he? Let's hear what trump has to say, "...I can tell you the third and fourth quarter in particular are going to be I think spectacular." Gee, really? Why is that Trump? ...What would be the reason for him to think that? We're not even out of quarantine fully yet...he's got resistance from the democrats. The liberals are keeping their states and cities on lock-down...What makes him think there's going to be a huge recovery? He knows something that the rest of the people don't know. Or does he? Or do we know what Trump knows? [Post 1 of 3....stay tuned]
5-31-2020 Intel Guru RayRen98 A CERTAIN "GURU" IS TRYING TO GET PEOPLE EXCITED FOR SOMETHING ON SUNDAY NIGHT...I HAVE "NOT" HEARD ANY SUCH THING FROM OUR BANK SOURCES. TIME WILL TELL, OR NOT. [Reference Guru Bruce post 5-29-2020]
5-30-2020 Newshound Guru MilitiaMan Article: "The disclosure of a crucial agreement between Erbil and Baghdad, pending the signature of Al-Kazemi in the coming days" Looks like crunch time is upon us. This article suggest coming days, yesterday it was within hours and another one suggests 2 days. Regardless, speed is a necessity at this stage and the fact they are speaking to the ports about the new stage of financial adjustments in an article today are to be at hand now, not after the fact sometime in July. They have the most important items all in one paragraph... Budget, border crossings, customs, federal revenues, peshmerga, agriculture, etc... They even told us they have had an agreement since last December. So with the new PM and the new stage approaching, I’ll bet this time they hammer it home!! I like it!
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PUSHES FOR RESCHEDULING OF REPARATIONS TO KUWAIT" we have been told many times that by the end of 2021 these war reparations would be repaid. Iraq has been working to pay them off but now they have to halt these payments for some time. I am told this will not effect a reinstatement since the IMF is leaving any negotiations between Iraq and Kuwait between them.
5-30-2020 Newshound Guru Pimpy ...this next week coming up you're gonna see the completion of the cabinet...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISOR: 5 TRILLION DINARS, THE GOVERNMENT'S NEED TO SECURE SALARIES FOR NEXT JUNE" ...this article...is telling us a couple things: 1) the amount of monthly $ they need for salaries (5 trillion dinars or about 4 billion dollars); 2) they are in desperate need of money and so what will they do for the June salaries? Will they borrow again? 3) will they resort to using the CBI reserves eventually? 4) they will have to do something drastic and do it soon since the price of oil is not going to jump to $60 a barrel for a long time; 5) this situation is causing great pressure to make the necessary changes for other sources of revenue and not rely on oil revenues, something they should have done already by now and the IMF kept telling them to do it. I can see many benefits for us with the drop in oil prices too as investors. Can you see what might come next?
5-30-2020 Intel Guru Footforward [Are you still thinking sometime in June for the RV...] in my opinion ya.
5-30-2020 Newshound Guru Pimpy ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen. Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different. This is definitely different. We're seeing a huge push from the UN as well as from the United States. We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now. It's looking good...everything is very impressive I gotta admit. Very very impressive about Kazemi...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PUSHES FOR RESCHEDULING OF REPARATIONS TO KUWAIT" we have been told many times that by the end of 2021 these war reparations would be repaid. Iraq has been working to pay them off but now they have to halt these payments for some time. I am told this will not effect a reinstatement since the IMF is leaving any negotiations between Iraq and Kuwait between them.
5-30-2020 Newshound Guru Pimpy ...this next week coming up you're gonna see the completion of the cabinet...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISOR: 5 TRILLION DINARS, THE GOVERNMENT'S NEED TO SECURE SALARIES FOR NEXT JUNE" ...this article...is telling us a couple things: 1) the amount of monthly $ they need for salaries (5 trillion dinars or about 4 billion dollars); 2) they are in desperate need of money and so what will they do for the June salaries? Will they borrow again? 3) will they resort to using the CBI reserves eventually? 4) they will have to do something drastic and do it soon since the price of oil is not going to jump to $60 a barrel for a long time; 5) this situation is causing great pressure to make the necessary changes for other sources of revenue and not rely on oil revenues, something they should have done already by now and the IMF kept telling them to do it. I can see many benefits for us with the drop in oil prices too as investors. Can you see what might come next?
5-30-2020 Intel Guru Footforward [Are you still thinking sometime in June for the RV...] in my opinion ya.
5-30-2020 Newshound Guru Pimpy ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen. Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different. This is definitely different. We're seeing a huge push from the UN as well as from the United States. We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now. It's looking good...everything is very impressive I gotta admit. Very very impressive about Kazemi...
5-29-2020 Newshound/Intel Guru RVAlready [it's said that when the budget is opened the rate is is in there thus...our rv!] It is a bit complex, but, from what I know, the budget does not set the rate - the rate sets the limit on the budget. CBI must set the rate first. Just a matter of which gets published first…Probably not much time between publication of each one.
5-29-2020 Intel Guru Bruce [via Dinar Wishes] ...I think what’s going to happen with Iraq – they will not actually be turned on so their rate would be seen until we give them that green light...Our Treasury actually through Pompeo - Secretary of State – will be the one to communicate that with Iraq... They are ready to go – believe me – They have been ready – I know they’ve been ready - just like we’ve been ready – you and I... Iraq should have their rate up and running in new form or fashion on Sunday – either Saturday or Sunday – and as you know – first business day in Iraq is Sunday - So we will see how that looks - and comes together...I cannot say absolutely – but I do have very good sources and very good information that is looking for a start around that Monday/Tuesday start time...I really believe that finally this is it...
5-29-2020 Newshound/Intel Guru Mnt Goat ...the reinstatement is not going to show up in the budget...There is absolutely NOTHING in the budget that is going to indicate an RV. The CBI can simply reinstate the dinar at any time and do not need a budget to do it. When the RV does happen the GOI will simply have to re-adjust and move along with it. We do know from the past the CBI would like to coordinate with the GOI and even get permission. But we see that the holdups and unresponsiveness of the GOI in the past have held up these reforms and so the CBI may very well just decide to bypass the GOI altogether and do it in desperation... don’t go the budget for answers but rather what the CBI is doing behind the scenes. So, we wait for news from the CBI and that is all we can do. I will try to contact the CBI next week and see if I can get an update from my contact...
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see...So that’s where we are at…here at the edge of our seats.
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. ...So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. ...the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months...They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. ...There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Newshound/Intel Guru Mnt Goat ...Today’s news continues with the saga of Iraq and its inability to meet the June salaries... So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure...I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them...It may seem gloomy and doomy at times but I see the plan playing out and taking shape...
5-29-2020 Intel Guru Bruce [via Dinar Wishes] ...I think what’s going to happen with Iraq – they will not actually be turned on so their rate would be seen until we give them that green light...Our Treasury actually through Pompeo - Secretary of State – will be the one to communicate that with Iraq... They are ready to go – believe me – They have been ready – I know they’ve been ready - just like we’ve been ready – you and I... Iraq should have their rate up and running in new form or fashion on Sunday – either Saturday or Sunday – and as you know – first business day in Iraq is Sunday - So we will see how that looks - and comes together...I cannot say absolutely – but I do have very good sources and very good information that is looking for a start around that Monday/Tuesday start time...I really believe that finally this is it...
5-29-2020 Newshound/Intel Guru Mnt Goat ...the reinstatement is not going to show up in the budget...There is absolutely NOTHING in the budget that is going to indicate an RV. The CBI can simply reinstate the dinar at any time and do not need a budget to do it. When the RV does happen the GOI will simply have to re-adjust and move along with it. We do know from the past the CBI would like to coordinate with the GOI and even get permission. But we see that the holdups and unresponsiveness of the GOI in the past have held up these reforms and so the CBI may very well just decide to bypass the GOI altogether and do it in desperation... don’t go the budget for answers but rather what the CBI is doing behind the scenes. So, we wait for news from the CBI and that is all we can do. I will try to contact the CBI next week and see if I can get an update from my contact...
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see...So that’s where we are at…here at the edge of our seats.
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. ...So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. ...the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months...They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. ...There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Newshound/Intel Guru Mnt Goat ...Today’s news continues with the saga of Iraq and its inability to meet the June salaries... So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure...I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them...It may seem gloomy and doomy at times but I see the plan playing out and taking shape...
5-28-2020 Intel Guru MarkZ [Did Trump sign off on the RV last week...] ...I hope he did but have not seen any evidence that this happened.
5-28-2020 Newshound Guru MilitiaMan Article: "What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers" Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it... the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for...to have the CBI share with the world and the Iraqi's, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now... So I am surely liking what I have been told would come is coming...
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat "IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31" Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just...rumors...It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ ...The expectations is we will see the new monetary system and 800 numbers before Monday morning. ...I hope they are correct...My government contacts are still looking squarely at June 1. [Remember some gurus believe in 800#s other gurus do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning...That also comes back full circle to the HCL...eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving...things are about to start happening REALLY FAST. [post 2 of 2]
5-28-2020 Newshound Guru Adam Montana The fact that Oil is returning to normal and sustainable price levels...well, that's just gravy. One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. ...The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides... Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. [post 1 of 2....stay tuned]
5-28-2020 Newshound Guru MilitiaMan Article: "What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers" Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it... the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for...to have the CBI share with the world and the Iraqi's, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now... So I am surely liking what I have been told would come is coming...
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat "IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31" Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just...rumors...It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ ...The expectations is we will see the new monetary system and 800 numbers before Monday morning. ...I hope they are correct...My government contacts are still looking squarely at June 1. [Remember some gurus believe in 800#s other gurus do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning...That also comes back full circle to the HCL...eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving...things are about to start happening REALLY FAST. [post 2 of 2]
5-28-2020 Newshound Guru Adam Montana The fact that Oil is returning to normal and sustainable price levels...well, that's just gravy. One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. ...The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides... Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. [post 1 of 2....stay tuned]
5-27-2020 Intel Guru Bruce [via WiserNow] Now we thought last Thursday...that the earliest we would go was going to be today [Tuesday]... Now...we didn’t go today....we did not get the toll free numbers to start today... there is still clean up at our tier 1 banks...and it’s been happening over the last 3-4 days...in the morning [Wednesday] – the banks are supposed to be completely purged of anything considered harmful to us in terms of personnel...Let’s expect that the bank screens are going to reflect the accurate rates – and we’re not going to talk about rates...I was just thinking that Sunday night when the Forex comes back up and the trading begins – everything is set and ready to go from that point of view...I hope this is our week...things look like it could be – it could be the next couple of days...
5-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN" the three most important are now filled and not by proxy anymore...the Ministry of Defense...Minister of Interior...Minister of Finance...Let’s get to work!!!
5-27-2020 Newshound Guru Adam Montana A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. [post 2 of 2]
5-27-2020 Newshound Guru Adam Montana Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed...the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". [post 1 of 2....stay tuned]
5-27-2020 Intel Guru MarkZ [via PDK] ...no new rate in Iraq. Just lots of chatter and BS. Reality is nothing happened in the banking industry...They have to reset…it is inevitable. IMO if we are going to see the reset on June 1st...Something needs to break hard and heavy in the next 1 to 2 days...
5-27-2020 Newshound/Intel Guru Mnt Goat I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others) that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.
5-27-2020 Newshound Guru Jeff ...There's really only 3 things in the news right now. The first would be Kurdistan and Baghdad to resolve their differences. The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles. That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy. It doesn't get any more cut and dry and simplified than that. They're telling you what the delay is. They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.' They're telling you what the delays are before they can launch the economy. That's why now they're talking about the economy around those items. That simple. That's what you're waiting on...
5-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN" the three most important are now filled and not by proxy anymore...the Ministry of Defense...Minister of Interior...Minister of Finance...Let’s get to work!!!
5-27-2020 Newshound Guru Adam Montana A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. [post 2 of 2]
5-27-2020 Newshound Guru Adam Montana Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed...the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". [post 1 of 2....stay tuned]
5-27-2020 Intel Guru MarkZ [via PDK] ...no new rate in Iraq. Just lots of chatter and BS. Reality is nothing happened in the banking industry...They have to reset…it is inevitable. IMO if we are going to see the reset on June 1st...Something needs to break hard and heavy in the next 1 to 2 days...
5-27-2020 Newshound/Intel Guru Mnt Goat I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others) that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.
5-27-2020 Newshound Guru Jeff ...There's really only 3 things in the news right now. The first would be Kurdistan and Baghdad to resolve their differences. The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles. That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy. It doesn't get any more cut and dry and simplified than that. They're telling you what the delay is. They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.' They're telling you what the delays are before they can launch the economy. That's why now they're talking about the economy around those items. That simple. That's what you're waiting on...
5-26-2020 Intel Guru Frank26 ...everything is happening at an amazing fast pace, warp speed with the reinstatement of the dinar, the monetary reform itself. It's at a point right now where it's coming so fast that you can't miss it...
5-26-2020 Newshound/Intel Guru Mnt Goat ...We know for a FACT that if they had already accomplished this event back in 2013 or sooner...they might not be this financial mess they are in...reinstating their currency on FOREX is the cure all for Iraq’s economic problems...But having reinstated the IQD with a sound monetary policy would have helped to avoid these problems that they are now facing...They seem to be slowly leaning towards this decision... and I believe that they have already come to the conclusion they must revalue and reinstate the currency and do it prior to the July salaries coming due...We have a really good opportunity to see the reinstatement sometime in June of this year not Jan 2021...What is left now is to wait for something from the CBI and I will be totally convinced they are moving ahead and actually plan to do it this time... [post 2 of 2]
5-26-2020 Newshound/Intel Guru Mnt Goat So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global trading. This is coming from the CBI not me, just so you know. So we see lots of arguments for pro and con on this subject matter but remember again they are talking about program rate only with the confines of the CBI and not on FOREX which is international. ...Will they reinstate international and then float the currency like they need to do? ...We know this has been the plan all along to float the IQD on FOREX. The IMF has already told us of the future plan to reinstate and put the IQD in a “basket of currencies”. [post 1 of 2....stay tuned]
5-26-2020 Intel Guru Delta ...great information from the Financial Minister. In his tweet he's talking about they're tying to get Iraq back to the financial status internationally. Guess what happened? He just have [gave] an executive order and he ordered the Central Bank of Iraq with other financial entities in Iraq to implement and launch that ASAP so Iraq can regain their financial status internationally...the glory days...they have to activate whatever they needed to implement from the Prime Minister and the Office of Financial Ministry...this is just amazing. This is just unbelievable...
5-26-2020 Intel Guru MarkZ [via PDK] I heard from folks in redemption centers they have been ready for about 3 weeks now. I am friends with someone who helped set up redemption centers…so yes…I do not doubt there are redemption centers…as to 800 numbers…I am told they will distribute those via a secure web link and you will get a unique 800 number to call…yes I believe these things are real. [Remember some gurus believe in 800#s other guru do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-26-2020 Newshound Guru MilitiaMan What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The mask of Covd-19 is in play.. Nothing like a plan-demic to hide what is in plain site. Very well orchestrated on many fronts. The one front that will usher our win, is what we await on now. imo. No turning back once one jumps from the deck! That is where they are, in the air imo...lol.
5-26-2020 Newshound Guru Kaperoni ...Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently...Unlikely would it be approved...the IMF has a status for each country...they are in Article XIV...
5-26-2020 Newshound/Intel Guru Mnt Goat ...We know for a FACT that if they had already accomplished this event back in 2013 or sooner...they might not be this financial mess they are in...reinstating their currency on FOREX is the cure all for Iraq’s economic problems...But having reinstated the IQD with a sound monetary policy would have helped to avoid these problems that they are now facing...They seem to be slowly leaning towards this decision... and I believe that they have already come to the conclusion they must revalue and reinstate the currency and do it prior to the July salaries coming due...We have a really good opportunity to see the reinstatement sometime in June of this year not Jan 2021...What is left now is to wait for something from the CBI and I will be totally convinced they are moving ahead and actually plan to do it this time... [post 2 of 2]
5-26-2020 Newshound/Intel Guru Mnt Goat So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global trading. This is coming from the CBI not me, just so you know. So we see lots of arguments for pro and con on this subject matter but remember again they are talking about program rate only with the confines of the CBI and not on FOREX which is international. ...Will they reinstate international and then float the currency like they need to do? ...We know this has been the plan all along to float the IQD on FOREX. The IMF has already told us of the future plan to reinstate and put the IQD in a “basket of currencies”. [post 1 of 2....stay tuned]
5-26-2020 Intel Guru Delta ...great information from the Financial Minister. In his tweet he's talking about they're tying to get Iraq back to the financial status internationally. Guess what happened? He just have [gave] an executive order and he ordered the Central Bank of Iraq with other financial entities in Iraq to implement and launch that ASAP so Iraq can regain their financial status internationally...the glory days...they have to activate whatever they needed to implement from the Prime Minister and the Office of Financial Ministry...this is just amazing. This is just unbelievable...
5-26-2020 Intel Guru MarkZ [via PDK] I heard from folks in redemption centers they have been ready for about 3 weeks now. I am friends with someone who helped set up redemption centers…so yes…I do not doubt there are redemption centers…as to 800 numbers…I am told they will distribute those via a secure web link and you will get a unique 800 number to call…yes I believe these things are real. [Remember some gurus believe in 800#s other guru do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-26-2020 Newshound Guru MilitiaMan What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The mask of Covd-19 is in play.. Nothing like a plan-demic to hide what is in plain site. Very well orchestrated on many fronts. The one front that will usher our win, is what we await on now. imo. No turning back once one jumps from the deck! That is where they are, in the air imo...lol.
5-26-2020 Newshound Guru Kaperoni ...Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently...Unlikely would it be approved...the IMF has a status for each country...they are in Article XIV...
5-25-2020 Newshound Guru Pimpy When Al-Kazemi got into office I was hoping he'd be whipping butt. But I had no clue that this guy was going to accomplish what he's accomplishing and he's done it all in such a short period of time...
5-25-2020 Newshound Guru MilitiaMan Article: "The Kurdistan government approves the Baghdad proposal to settle the financial situation" We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They agreed on the REER (Real Effective Exchange Rate) for the future budgets and will be in preparation for their fundamental implementation...No wonder Saudi Arabia is off and running... Word travels fast. This looks like a notification that was dated May 19th.. 1) DONE 2) DONE and 3) DONE...imo.
5-25-2020 Newshound Guru Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
5-25-2020 Intel Guru Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
5-25-2020 Newshound Guru MilitiaMan Article: "Under royal directives, the Saudi ambassador returns to work in Baghdad" Quote: "Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, and the importance of cooperation with the new Iraqi government to achieve mutual interests and enhance ties Bilateral relationship between the two brotherly countries..." Looks like more of the PM hitting the ground and running!! This is also huge and supportive Iraq has agreed to be compliant and international..imo.
5-25-2020 Intel Guru Frank26 ...at any time this could happen. Don't be looking for no date. No specific time of the year. I don't care what everybody's telling you. At any time it could happen because it's an accounting process. It's all about the numbers...they tested this...they tested it in the markets - successfully. Their exchange rate was tested - successfully. What do you mean? The auctions, they shut it down and they've maintained their exchange rate... - successfully. They proved themselves. They proved themselves to be worthy to go international - to have the value to their currency lifted by the Fab 4. Therefor they are a go. They are ready to go...
5-25-2020 Newshound Guru MilitiaMan We know the CBI printed 4 trillion dinar in April. They didn't print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The new money is to replace the large with smalls...The education process for the new currency will come once the REER (Real Effective Exchange Rate) is exposed...They could show the new money and educate for re opening of the ISX well before they open...So, lets see what they do next. But, it sure looks like we are in a good place.. imo. [post 2 of 2]
5-25-2020 Newshound Guru MilitiaMan Article: "Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia" ...The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq's electricity dealings yesterday...The energy is now coming from Saudi Arabia. That means to me they are international in regard to doing business. The implications of that are huge...We know the plan is to become a social market economy for Iraq. That requires internationalism. Doing so requires Iraq to be article 8 compliant...From the looks of the recent agreement with Saudi Arabia, they are showing that they are now compliant, ioo. The meetings with the Finance Minister, aka Deputiy Prime Minister, has me thinking they are or may have brought or now are bringing the REER (Real Effective Exchange Rate) to the neighboring countries...imo Times are seriously getting real, imo! [post 1 of 2....stay tuned]
5-25-2020 Newshound Guru MilitiaMan Article: "The Kurdistan government approves the Baghdad proposal to settle the financial situation" We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They agreed on the REER (Real Effective Exchange Rate) for the future budgets and will be in preparation for their fundamental implementation...No wonder Saudi Arabia is off and running... Word travels fast. This looks like a notification that was dated May 19th.. 1) DONE 2) DONE and 3) DONE...imo.
5-25-2020 Newshound Guru Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
5-25-2020 Intel Guru Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
5-25-2020 Newshound Guru MilitiaMan Article: "Under royal directives, the Saudi ambassador returns to work in Baghdad" Quote: "Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, and the importance of cooperation with the new Iraqi government to achieve mutual interests and enhance ties Bilateral relationship between the two brotherly countries..." Looks like more of the PM hitting the ground and running!! This is also huge and supportive Iraq has agreed to be compliant and international..imo.
5-25-2020 Intel Guru Frank26 ...at any time this could happen. Don't be looking for no date. No specific time of the year. I don't care what everybody's telling you. At any time it could happen because it's an accounting process. It's all about the numbers...they tested this...they tested it in the markets - successfully. Their exchange rate was tested - successfully. What do you mean? The auctions, they shut it down and they've maintained their exchange rate... - successfully. They proved themselves. They proved themselves to be worthy to go international - to have the value to their currency lifted by the Fab 4. Therefor they are a go. They are ready to go...
5-25-2020 Newshound Guru MilitiaMan We know the CBI printed 4 trillion dinar in April. They didn't print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The new money is to replace the large with smalls...The education process for the new currency will come once the REER (Real Effective Exchange Rate) is exposed...They could show the new money and educate for re opening of the ISX well before they open...So, lets see what they do next. But, it sure looks like we are in a good place.. imo. [post 2 of 2]
5-25-2020 Newshound Guru MilitiaMan Article: "Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia" ...The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq's electricity dealings yesterday...The energy is now coming from Saudi Arabia. That means to me they are international in regard to doing business. The implications of that are huge...We know the plan is to become a social market economy for Iraq. That requires internationalism. Doing so requires Iraq to be article 8 compliant...From the looks of the recent agreement with Saudi Arabia, they are showing that they are now compliant, ioo. The meetings with the Finance Minister, aka Deputiy Prime Minister, has me thinking they are or may have brought or now are bringing the REER (Real Effective Exchange Rate) to the neighboring countries...imo Times are seriously getting real, imo! [post 1 of 2....stay tuned]
5-24-2020 Newshound Guru Pimpy ...there's a lot of positive juju, a positive mojo going on in the dinar community. I think all of us rightfully or wrongfully have pinned June as the magical month. Why? Man there's just too many things that seem to be pointing to June...we've got the meeting taking place in June. We got all kinds of new trade agreements that are supposed to kick in in June. So very very interesting. A lot of positive energy. We will see where that leads too. Hopefully something good. ...things are looking good. Man, something about that month of June man! I'm feeling pretty good about it...
5-24-2020 Intel Guru Frank26 ...The CBI is about to open in Saudi Arabia. I'll give you an example. Commerce Banks's. Look for those to be open first. All these Iraqi banks that we told you about. All these satellite banks you're gonna now see them coming out left and right. This is proof of the things that we have been saying - that they are Article 8...which means they raised the value of their currency. Which means they are about to make that announcement to the world...
5-24-2020 Newshound Guru Pimpy ...man there's a lot of chatter going on. I like the positive energy. I like the positive vibes...June, we know the United Nations, the IMF, the United States is gonna be coming over there. As a matter of fact Saudi Arabia is now the added portion to this meeting that's gonna take place halfway through June. This is big. It means something. There must be something big getting ready to happen. What I'm hoping is whatever is happening Saudi Arabi is going to help Iraq in a big way economically. But it's not just Saudi Arabia, Kuwait is getting in on the action too. These are two really rich countries. As we know Kuwait has one of the most valuable currencies out there. So we're gonna keep an eye on the meeting to see how it pans out...
5-24-2020 Newshound Guru Kaperoni ...as long as the currency auctions are in place the money supply cannot be reduced because part of the currency auction is a balance between dinars and dollars reducing one significantly would cause demand for the other. ...the truth is it is not about to RV. Iraq could never RV with 42 + trillion in circulation nor is it how monetary policy works. If the dinar is going to go up in value...It will go up via a float based on Iraq's prosperity. Iraq has a lot of work to do to recover from this crisis. Iraq needs to pass laws, stabilize the government, and invite foreign investors to come and participate in the private sector. Remember Iraq still needs over 50 billion dollars to rebuild infrastructure.
5-24-2020 Intel Guru Frank26 ...in Iraq their currency is now going to play fairly because they added value IMO and they stopped using the auctions and they stopped using the American Dollar...Trump said lessen your dependence on our American dollar and they did...Iran was siphoning all the money we were sending to them through the Iraqi auctions and it was supplying terrorism...they're [Iraq] getting the last parts of the monetary reform done. Trump and the Fab 4 said that that's enough time wasted. Move on it. Do it...at any moment it could happen suddenly...it's an accounting process. It's all about the numbers.
5-24-2020 Newshound Guru Pimpy Everything has been pointing toward the month of June. We don't know why. But my thing is this - The bi-weekly budget, the fact that Pompeo, the United Nations and the IMF are gonna be there in June. It doesn't mean anything I'm just saying it seems to me like it does...look, I don't know what's going on but I can't help but feel whatever is coming it's happening in June. There's a lot of things pointing out to June. There's a lot of crap happening in May but there's definitely, definitely a lot of things happening in June. They started drilling in these fields on the outskirts [of Iraq] where it's reported to have 10x the amount of oil that's already being reported in Iraq. 10 times that amount. All I keep hearing is rate change. Rate change. Rate change...
5-24-2020 Newshound Guru Adam Montana [...has the EO 13303 been signed yet?] Yes. White House Statement: "...Executive Order 13668 of May 27, 2014, must continue in effect beyond May 22, 2020. Therefore...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303." ...we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq..." ... I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when".
5-24-2020 Intel Guru Frank26 ...The CBI is about to open in Saudi Arabia. I'll give you an example. Commerce Banks's. Look for those to be open first. All these Iraqi banks that we told you about. All these satellite banks you're gonna now see them coming out left and right. This is proof of the things that we have been saying - that they are Article 8...which means they raised the value of their currency. Which means they are about to make that announcement to the world...
5-24-2020 Newshound Guru Pimpy ...man there's a lot of chatter going on. I like the positive energy. I like the positive vibes...June, we know the United Nations, the IMF, the United States is gonna be coming over there. As a matter of fact Saudi Arabia is now the added portion to this meeting that's gonna take place halfway through June. This is big. It means something. There must be something big getting ready to happen. What I'm hoping is whatever is happening Saudi Arabi is going to help Iraq in a big way economically. But it's not just Saudi Arabia, Kuwait is getting in on the action too. These are two really rich countries. As we know Kuwait has one of the most valuable currencies out there. So we're gonna keep an eye on the meeting to see how it pans out...
5-24-2020 Newshound Guru Kaperoni ...as long as the currency auctions are in place the money supply cannot be reduced because part of the currency auction is a balance between dinars and dollars reducing one significantly would cause demand for the other. ...the truth is it is not about to RV. Iraq could never RV with 42 + trillion in circulation nor is it how monetary policy works. If the dinar is going to go up in value...It will go up via a float based on Iraq's prosperity. Iraq has a lot of work to do to recover from this crisis. Iraq needs to pass laws, stabilize the government, and invite foreign investors to come and participate in the private sector. Remember Iraq still needs over 50 billion dollars to rebuild infrastructure.
5-24-2020 Intel Guru Frank26 ...in Iraq their currency is now going to play fairly because they added value IMO and they stopped using the auctions and they stopped using the American Dollar...Trump said lessen your dependence on our American dollar and they did...Iran was siphoning all the money we were sending to them through the Iraqi auctions and it was supplying terrorism...they're [Iraq] getting the last parts of the monetary reform done. Trump and the Fab 4 said that that's enough time wasted. Move on it. Do it...at any moment it could happen suddenly...it's an accounting process. It's all about the numbers.
5-24-2020 Newshound Guru Pimpy Everything has been pointing toward the month of June. We don't know why. But my thing is this - The bi-weekly budget, the fact that Pompeo, the United Nations and the IMF are gonna be there in June. It doesn't mean anything I'm just saying it seems to me like it does...look, I don't know what's going on but I can't help but feel whatever is coming it's happening in June. There's a lot of things pointing out to June. There's a lot of crap happening in May but there's definitely, definitely a lot of things happening in June. They started drilling in these fields on the outskirts [of Iraq] where it's reported to have 10x the amount of oil that's already being reported in Iraq. 10 times that amount. All I keep hearing is rate change. Rate change. Rate change...
5-24-2020 Newshound Guru Adam Montana [...has the EO 13303 been signed yet?] Yes. White House Statement: "...Executive Order 13668 of May 27, 2014, must continue in effect beyond May 22, 2020. Therefore...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303." ...we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq..." ... I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when".
5-23-2020 Intel Guru Footforward They need to make sure they have some things established with certain countries so that when they revalue they can hit the ground running. It's establishing a foundation right now. They haven't been international in so long and have had so many restrictions for so long. It's like they are wanting to make sure everything is in place now.
5-23-2020 Newshound Guru Pimpy Article: "Barzani: We have taken serious steps with Baghdad and are ready to settle with the Kazemi government". ...I have a feeling the real hold up on this rate change is what's going on between Kurdistan and Iraq. An agreement has to be reached. That's just my feeling...we should see something flowing from this agreement in June. That's what I'm hoping. We'll see.
5-23-2020 Intel Guru Frank26 ...the CBI's got a lot of little, we call them satellite banks. They're private banks. They're going to be in the United States of America. If you want to go into one of these banks in the United States and take your dinars and exchange, you can. Maybe you just want to leave as dinars in these banks in the United State...they are about to open a piñata of banks and put the CBI banks all around this planet Earth...the key thing is they had to start in the United States of America first. Why? Who do you think is launching all of this? I call him 'daddy'. 'Play fair with our currency. Stop abusing it. Lessen the usage of my dollar', says Trump. 'Raise your own currency value. Back it up yourself. Go through the process of legalities to be able to be international.'
5-23-2020 Newshound Guru Breitling ...economies are just not gonna turn on overnight and the next thing you know the demand for energy is going to go up. The energy based on covid -19 is gonna be where it's at for a while. And the policy is going to keep it [oil] at between $26 and $31. It's not going to change for Iraq overnight. They need to add value to their currency. They're stuck and broke. Whether they get into the western markets or not they need to add value to their currency...there's simply no where for them to go...
5-23-2020 Intel Guru Footforward [...question about the executive order that Trump extended...what effect does it have on the RV in your opinion] none. It's neutral. If anything it makes things easier for us.
5-23-2020 Newshound Guru Pimpy ...in the immortal words of Phil Collins 'I can feel it coming in the air at night, oh Lord '...something is going on it Iraq and I mean there is a lot of shaking and grooving going on over there. A lot of positive energy. A lot of positive vibe. If you're into that kind of thing...there is a lot of fingers pointed to a lot of stuff being settled in May and then things popping off in June. I'm not trying to give nobody no false hope or get you guys high on hopium but there is a lot of vibes pointing towards that month of June...
5-23-2020 Intel Guru Frank26 ...how many time have I told you they are Article 8 leave it alone? Here's the evidence. If you're going out in the open markets you're Article 8. The only way you're Article 8 is how? You lifted the three zeros off your currency and added value. We called it the information trickling down to the citizens of Iraq. They're about to get purchasing power...they [Iraq] are admitting to the world they are Article 8. On top of that they are admitting to the world they lifted the three zeros off their exchange rate because they have a "financial balance". Remember they were saying, 'We have an economic crisis! We have a financial crisis!' No...so get ready to see what's next that you haven't even thought about...
5-23-2020 Newshound Guru Adam Montana [...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
5-23-2020 Newshound Guru Pimpy Article: "Barzani: We have taken serious steps with Baghdad and are ready to settle with the Kazemi government". ...I have a feeling the real hold up on this rate change is what's going on between Kurdistan and Iraq. An agreement has to be reached. That's just my feeling...we should see something flowing from this agreement in June. That's what I'm hoping. We'll see.
5-23-2020 Intel Guru Frank26 ...the CBI's got a lot of little, we call them satellite banks. They're private banks. They're going to be in the United States of America. If you want to go into one of these banks in the United States and take your dinars and exchange, you can. Maybe you just want to leave as dinars in these banks in the United State...they are about to open a piñata of banks and put the CBI banks all around this planet Earth...the key thing is they had to start in the United States of America first. Why? Who do you think is launching all of this? I call him 'daddy'. 'Play fair with our currency. Stop abusing it. Lessen the usage of my dollar', says Trump. 'Raise your own currency value. Back it up yourself. Go through the process of legalities to be able to be international.'
5-23-2020 Newshound Guru Breitling ...economies are just not gonna turn on overnight and the next thing you know the demand for energy is going to go up. The energy based on covid -19 is gonna be where it's at for a while. And the policy is going to keep it [oil] at between $26 and $31. It's not going to change for Iraq overnight. They need to add value to their currency. They're stuck and broke. Whether they get into the western markets or not they need to add value to their currency...there's simply no where for them to go...
5-23-2020 Intel Guru Footforward [...question about the executive order that Trump extended...what effect does it have on the RV in your opinion] none. It's neutral. If anything it makes things easier for us.
5-23-2020 Newshound Guru Pimpy ...in the immortal words of Phil Collins 'I can feel it coming in the air at night, oh Lord '...something is going on it Iraq and I mean there is a lot of shaking and grooving going on over there. A lot of positive energy. A lot of positive vibe. If you're into that kind of thing...there is a lot of fingers pointed to a lot of stuff being settled in May and then things popping off in June. I'm not trying to give nobody no false hope or get you guys high on hopium but there is a lot of vibes pointing towards that month of June...
5-23-2020 Intel Guru Frank26 ...how many time have I told you they are Article 8 leave it alone? Here's the evidence. If you're going out in the open markets you're Article 8. The only way you're Article 8 is how? You lifted the three zeros off your currency and added value. We called it the information trickling down to the citizens of Iraq. They're about to get purchasing power...they [Iraq] are admitting to the world they are Article 8. On top of that they are admitting to the world they lifted the three zeros off their exchange rate because they have a "financial balance". Remember they were saying, 'We have an economic crisis! We have a financial crisis!' No...so get ready to see what's next that you haven't even thought about...
5-23-2020 Newshound Guru Adam Montana [...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
5-22-2020 Intel Guru Bruce [via WiserNow] When would we start? And the answer is...based on a call...that I got...looks like the earliest date would be Tuesday AFTER Memorial Day – May 26th...I think we do expect this to go before the end of the month...as early as Tuesday for us...We know that if everything goes according to plan – Sunday that would usually mean rates on the screens before trading globally... Tuesday afternoon – would be our start time – That is the information we have today and last night on what the planning and execution of the plans are for us...I believe everything is moving along but at a slower pace than we thought...
5-22-2020 Newshound Guru Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable...
5-22-2020 Intel Guru MarkZ [via PDK] I did speak to a Reno contact early this morning…and they are expecting things in place for a Tuesday morning exchange. I hope they are right. The chatter was very impressive overnight last night. The banking side swears we will be live Tuesday morning and we will get announcements over the weekend. I say take it with a grain of salt until we see it and have money in our accounts.
5-22-2020 Newshound/Intel Guru Mnt Goat Article quote: "...the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT." So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?...
5-22-2020 Intel Guru Footforward ...when I say it can't be 1.50, I must have a REALLY good reason for saying that...Look higher then that...In my opinion. I know for a fact...In Iraq I would expect they will trade USD for new lower denoms one to one. That doesn't make the rate one to one. That's all my opinion...I still believe we will see something before the end of June.
5-22-2020 Newshound Guru Jeff ...since they formed the majority of the government about two weeks ago they have had an explosion of economic articles. By doing that they were simply telling you that the launching of the economy - going international was and is waiting on the formation of the government...those articles came out immediately after they formed a majority of the government. They're blatantly telling you that the rate change of the economy is waiting on the formation of government...nothing is going to happen till they finish those last 7 ministers...That's the number one thing we're waiting on right now. Once they finish that it's game on...
5-22-2020 Newshound Guru Adam Montana There is a lot going on right now - [Mustafa al-Kadhimi] continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. ...Mustafa al-Kadhimi is also kicking butt at his job... Iran has lost a ton of ground in Iraq, ...Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile.
5-22-2020 Newshound Guru MilitiaMan Article: "The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis" There are no coincidences now. They will imo use this window to game the RI... There is a Bank Holiday come Monday in the USA and UK, too...
5-22-2020 Newshound Guru Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable...
5-22-2020 Intel Guru MarkZ [via PDK] I did speak to a Reno contact early this morning…and they are expecting things in place for a Tuesday morning exchange. I hope they are right. The chatter was very impressive overnight last night. The banking side swears we will be live Tuesday morning and we will get announcements over the weekend. I say take it with a grain of salt until we see it and have money in our accounts.
5-22-2020 Newshound/Intel Guru Mnt Goat Article quote: "...the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT." So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?...
5-22-2020 Intel Guru Footforward ...when I say it can't be 1.50, I must have a REALLY good reason for saying that...Look higher then that...In my opinion. I know for a fact...In Iraq I would expect they will trade USD for new lower denoms one to one. That doesn't make the rate one to one. That's all my opinion...I still believe we will see something before the end of June.
5-22-2020 Newshound Guru Jeff ...since they formed the majority of the government about two weeks ago they have had an explosion of economic articles. By doing that they were simply telling you that the launching of the economy - going international was and is waiting on the formation of the government...those articles came out immediately after they formed a majority of the government. They're blatantly telling you that the rate change of the economy is waiting on the formation of government...nothing is going to happen till they finish those last 7 ministers...That's the number one thing we're waiting on right now. Once they finish that it's game on...
5-22-2020 Newshound Guru Adam Montana There is a lot going on right now - [Mustafa al-Kadhimi] continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. ...Mustafa al-Kadhimi is also kicking butt at his job... Iran has lost a ton of ground in Iraq, ...Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile.
5-22-2020 Newshound Guru MilitiaMan Article: "The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis" There are no coincidences now. They will imo use this window to game the RI... There is a Bank Holiday come Monday in the USA and UK, too...
5-21-2020 Intel Guru Bruce ... make sure everybody understands what “on par” means when it comes to currencies – it means that the currencies being on par with each other means having the same value – this is not now – this is starting June 2nd if everything holds to the current pace...The Iraqi Dinar would have the value of $1.00 – 1 dinar = 1 dollar...
5-21-2020 Newshound Guru MilitiaMan I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end...The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!! That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us... imo. [What Is the Real Effective Exchange Rate – REER? Investopedia: "The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index."]
5-21-2020 Intel Guru Frank26 ...the information is flowing very rapidly now. I mean very rapidly about the redenomination, the monetary reform, the reinstatement of their currency...this article...that blew everybody up...what they're trying to tell you is that it's not that the Iraqi dinar is going to go down in value in fact a few days ago they said 'we're gonna print a whole bunch of currency' and the people in Iraq (my fireflies) they lost it!...look guys it's their job to confuse you...it's all fake news...the confusion seems to have ironed itself out in my opinion...today we see this article from the meeting with the CBI and the Fab 4 clearly explaining the true path of the monetary reform. The RD is becoming very very loud. They are implementing a new currency with a new rate...they're fully committed to raising the value of their currency...Where is the redenomination? Where are we in that process? I think we're ready to see a change...
5-21-2020 Intel Guru MarkZ [via PDK] Nothing happened overnight as expected by my sources... I am still looking for it sometime before June. 1st. ...We are seeing it play out before our eyes…we just do not know the exact timing. And no one is supposed to.
5-21-2020 Newshound Guru MilitiaMan Just as Frank [Guru Frank26] has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME... There is only one real option they have and will do. ioo...As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a...chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. ...[Guru] Delta told us days ago...on the Arabic side of the CBI, that they did the increase in currency issuance, which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site. ...the facts...speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo...
5-21-2020 Intel Guru Bruce So we had some things that slowed the process down – over the last 3-4 days – I believe what’s happening now is they are catching up...in my opinion it is running a little behind...We are ready to begin – we think our part of it should come this week...though I believe we are slightly behind the original schedule...I am going to suggest to everybody – just take a deep breath – relax – know that we are in the right moment...
5-21-2020 Intel Guru Frank26 ...ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: "A proposal on the government table to face the parliamentary economic and financial crisis warns!" Quotes: "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."; "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."; "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil." THIS ARTICLE IS...CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE...NOTICE WHAT THEY SAY ABOUT THE FLOAT...
5-21-2020 Newshound Guru MilitiaMan I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end...The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!! That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us... imo. [What Is the Real Effective Exchange Rate – REER? Investopedia: "The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index."]
5-21-2020 Intel Guru Frank26 ...the information is flowing very rapidly now. I mean very rapidly about the redenomination, the monetary reform, the reinstatement of their currency...this article...that blew everybody up...what they're trying to tell you is that it's not that the Iraqi dinar is going to go down in value in fact a few days ago they said 'we're gonna print a whole bunch of currency' and the people in Iraq (my fireflies) they lost it!...look guys it's their job to confuse you...it's all fake news...the confusion seems to have ironed itself out in my opinion...today we see this article from the meeting with the CBI and the Fab 4 clearly explaining the true path of the monetary reform. The RD is becoming very very loud. They are implementing a new currency with a new rate...they're fully committed to raising the value of their currency...Where is the redenomination? Where are we in that process? I think we're ready to see a change...
5-21-2020 Intel Guru MarkZ [via PDK] Nothing happened overnight as expected by my sources... I am still looking for it sometime before June. 1st. ...We are seeing it play out before our eyes…we just do not know the exact timing. And no one is supposed to.
5-21-2020 Newshound Guru MilitiaMan Just as Frank [Guru Frank26] has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME... There is only one real option they have and will do. ioo...As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a...chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. ...[Guru] Delta told us days ago...on the Arabic side of the CBI, that they did the increase in currency issuance, which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site. ...the facts...speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo...
5-21-2020 Intel Guru Bruce So we had some things that slowed the process down – over the last 3-4 days – I believe what’s happening now is they are catching up...in my opinion it is running a little behind...We are ready to begin – we think our part of it should come this week...though I believe we are slightly behind the original schedule...I am going to suggest to everybody – just take a deep breath – relax – know that we are in the right moment...
5-21-2020 Intel Guru Frank26 ...ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: "A proposal on the government table to face the parliamentary economic and financial crisis warns!" Quotes: "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."; "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."; "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil." THIS ARTICLE IS...CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE...NOTICE WHAT THEY SAY ABOUT THE FLOAT...
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "EMERGENCY CELL TO BE FORMED TO REVIEW FINANCIAL REFORM TO MANAGE THE CURRENT FINANCIAL SITUATION AND FIND THE REMEDIES AND SOLUTIONS TO OVERCOME THE COUNTRY'S COMPLEX ECONOMIC CRISIS" ...there were 9 pillars of reform listed. One of which was and I quote – “Fourth, securing the amounts allocated to the reform decisions committed by the outgoing government to implement the demands of the demonstrators.” We know one of these demands is to eliminate the currency auctions. Back in 2019 the CBI said they are working on it and will get it done. They said this to satisfy this demand. This is still underway. At this time the CBI said they only needed a newly formed, stable government and the protesting to stop in order to complete it.
5-20-2020 Intel Guru Footforward [What is everybody’s thoughts in executive order 13303 that expires in 2 days...?] ...it will be awesome it if doesn't get renewed! ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...
5-20-2020 Intel Guru RayRen98 Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the payment of loans until later.
5-20-2020 Newshound Guru Pimpy ...I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon. There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday. I would be really grateful for that...I'm liking this guy a whole lot. Unlike the other people who drug their feet, man this guy's like look this is it. We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...
5-20-2020 Intel Guru MarkZ [via PDK] No movement or rate change in Iraq…yet. Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st. ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES" This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do not do this printing of more currency.
5-20-2020 Intel Guru Footforward [What is everybody’s thoughts in executive order 13303 that expires in 2 days...?] ...it will be awesome it if doesn't get renewed! ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...
5-20-2020 Intel Guru RayRen98 Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the payment of loans until later.
5-20-2020 Newshound Guru Pimpy ...I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon. There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday. I would be really grateful for that...I'm liking this guy a whole lot. Unlike the other people who drug their feet, man this guy's like look this is it. We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...
5-20-2020 Intel Guru MarkZ [via PDK] No movement or rate change in Iraq…yet. Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st. ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES" This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do not do this printing of more currency.
5-19-2020 Intel Guru MarkZ [via PDK] Countries all over the world are spelling it out guys…they are telling us what is going to happen…they are talking about the need for a reset…for asset backed currencies…Even my local bankers that used to think I was crazy, tell me this is going to happen soon…they say they are glad I told them about it…i get this from more and more bankers as the lights come on in their heads…
5-19-2020 Newshound Guru MilitiaMan ...today...nothing but URGENCY and ACCELERATION, in respect to reforms... The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc... It includes the citizens demands as noted about too... They mean business and so does the report. ...The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity... Hence, the argument is sooner than later imo!
5-19-2020 Intel Guru MarkZ [via PDK] [Do you know what the rates will be?] Just the rumored rates...i still hear the street rate on the dong will come out at around .47 cents and allowed to float…but our contract rate will be around $2. I am still hearing the dinar street rate will be around $3.70…but our contract rate will be close to $8…that is what I am hearing…treat rates as rumors until we are actually at the banks and see it.
5-19-2020 Intel Guru Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...
5-19-2020 Newshound Guru Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp...
5-19-2020 Intel Guru MarkZ [via PDK] Iraq/Dinar News: There is a lot of chatter. What I am hearing is they plan on being international June 1st and plan on (new rate) going 10-12 days ahead of that In-Country. That is the rumors I am hearing from Iraq right now. They are going to have to pull the “in-country” trigger at any moment. This means we should be hearing something at any moment imo…I hope so I know we are all over being on this ride.
5-19-2020 Intel/Newshound Gurus Frank26 & Walkingstick They're getting ready to go international with their currency...
5-19-2020 Intel Guru Footforward [Do think there will be a time limit for us to exchange our IQD and VND?] no. But I don't plan on waiting long.
5-19-2020 Newshound Guru MilitiaMan ...My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]...letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo...
5-19-2020 Intel Guru MarkZ [via PDK] After having many conversations with bankers that are involved with exchange centers that they would like for you to only have one appointment…they have a limited amount of time…they would like you to get in, exchange and get out…if you have a very legitimate reason to need a second apt…that’s ok.
5-19-2020 Newshound Guru Kaperoni [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
5-19-2020 Newshound Guru MilitiaMan ...today...nothing but URGENCY and ACCELERATION, in respect to reforms... The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc... It includes the citizens demands as noted about too... They mean business and so does the report. ...The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity... Hence, the argument is sooner than later imo!
5-19-2020 Intel Guru MarkZ [via PDK] [Do you know what the rates will be?] Just the rumored rates...i still hear the street rate on the dong will come out at around .47 cents and allowed to float…but our contract rate will be around $2. I am still hearing the dinar street rate will be around $3.70…but our contract rate will be close to $8…that is what I am hearing…treat rates as rumors until we are actually at the banks and see it.
5-19-2020 Intel Guru Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...
5-19-2020 Newshound Guru Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp...
5-19-2020 Intel Guru MarkZ [via PDK] Iraq/Dinar News: There is a lot of chatter. What I am hearing is they plan on being international June 1st and plan on (new rate) going 10-12 days ahead of that In-Country. That is the rumors I am hearing from Iraq right now. They are going to have to pull the “in-country” trigger at any moment. This means we should be hearing something at any moment imo…I hope so I know we are all over being on this ride.
5-19-2020 Intel/Newshound Gurus Frank26 & Walkingstick They're getting ready to go international with their currency...
5-19-2020 Intel Guru Footforward [Do think there will be a time limit for us to exchange our IQD and VND?] no. But I don't plan on waiting long.
5-19-2020 Newshound Guru MilitiaMan ...My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]...letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo...
5-19-2020 Intel Guru MarkZ [via PDK] After having many conversations with bankers that are involved with exchange centers that they would like for you to only have one appointment…they have a limited amount of time…they would like you to get in, exchange and get out…if you have a very legitimate reason to need a second apt…that’s ok.
5-19-2020 Newshound Guru Kaperoni [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
5-18-2020 Newshound Guru MilitiaMan The fact that the USNC had that meeting on the 13th is imo that they timed it accordingly and that that timing means they have made an agreement and on schedule...The next few hours, days to just possibly weeks are very important and have profound implications for us. If all the data points to the final conclusion? Then that data shows us it is about time for them to raise the rate whereby Iraq becomes fully Article 8 compliant... that is the goal of Iraq, to open for business internationally. Lastly, the country has no liquidity and they are in crisis. Thus, the pressure is immense and has been for some time. imo Times look very good indeed!
5-18-2020 Intel Guru Footforward This is all in my opinion. Not financial advice. Part of the hold up with the dong is that they would have to print lower demons. Lowest note they have is 100. You can get away with that at 5-10 cents. You can't at a higher rate. We may have this backwards. Iraq may go first and Vietnam may go second. The two separate RVs could be because Vietnam suddenly needs a higher rate and aren't prepared for it.
5-18-2020 Newshound/Intel Guru RVAlready I think Iraq politicians left them at a point where they must RV. So, complete cabinet, RV, and new budget. This new PM seems a decent and capable guy.
5-18-2020 Intel Guru MarkZ [via PDK] [ I heard that June 1st is the real deadline-do you believe that?] Yes I do...there is a tremendous push to have all in place by June 1. In Iraq no new rate on Saturday as they hoped…so now they are looking for the Gazette to publish it on Wed.
5-18-2020 Newshound Guru Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th...
5-18-2020 Newshound Guru MilitiaMan There are things out in articles of late to support a change to the IQD could/may come between now and the 05/31/2020ish time frame for a possible reinstatement of the IQD...For instance, the UNSC meeting minutes told us that the UN will be giving 2 billion Dinar to Iraq... That hasn't been done yet, imo... They'll have to raise the rate for that small amount to do any projects of any substance or worth while...That 2 billion Dinar support, has me in a "literally" at any time frame now through the end of month, but, it supports to me a sooner rather than a later aspect. imo...
5-18-2020 Newshound Guru Adam Montana [It looks like the new guy Kazemi is shaking things up and taking action, something we’re not used to with the government. I hope he’s the real deal and gets them where they need to be.] Things are REALLY looking different this time around! Fingers crossed...
5-18-2020 Intel Guru Delta ...this is huge...The United Nations giving dinars is an indication that they are Article 8. Keep in mind if you don't see them in Article 8 that doesn't mean they are not...Iraq was probably Article 8 two or three months ago but you're not going to see it until they basically announce it. We know they can't do that until the new rate or lifting the 3 zeros from the exchange rate has to be there...I think this is very very significant...to give...2 billion dinars...but the 2 billion dinars could really be worth something if they come up at $1 - $2. Now you got 2 billion dollars worth...this is very huge...
5-18-2020 Intel Guru Footforward This is all in my opinion. Not financial advice. Part of the hold up with the dong is that they would have to print lower demons. Lowest note they have is 100. You can get away with that at 5-10 cents. You can't at a higher rate. We may have this backwards. Iraq may go first and Vietnam may go second. The two separate RVs could be because Vietnam suddenly needs a higher rate and aren't prepared for it.
5-18-2020 Newshound/Intel Guru RVAlready I think Iraq politicians left them at a point where they must RV. So, complete cabinet, RV, and new budget. This new PM seems a decent and capable guy.
5-18-2020 Intel Guru MarkZ [via PDK] [ I heard that June 1st is the real deadline-do you believe that?] Yes I do...there is a tremendous push to have all in place by June 1. In Iraq no new rate on Saturday as they hoped…so now they are looking for the Gazette to publish it on Wed.
5-18-2020 Newshound Guru Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th...
5-18-2020 Newshound Guru MilitiaMan There are things out in articles of late to support a change to the IQD could/may come between now and the 05/31/2020ish time frame for a possible reinstatement of the IQD...For instance, the UNSC meeting minutes told us that the UN will be giving 2 billion Dinar to Iraq... That hasn't been done yet, imo... They'll have to raise the rate for that small amount to do any projects of any substance or worth while...That 2 billion Dinar support, has me in a "literally" at any time frame now through the end of month, but, it supports to me a sooner rather than a later aspect. imo...
5-18-2020 Newshound Guru Adam Montana [It looks like the new guy Kazemi is shaking things up and taking action, something we’re not used to with the government. I hope he’s the real deal and gets them where they need to be.] Things are REALLY looking different this time around! Fingers crossed...
5-18-2020 Intel Guru Delta ...this is huge...The United Nations giving dinars is an indication that they are Article 8. Keep in mind if you don't see them in Article 8 that doesn't mean they are not...Iraq was probably Article 8 two or three months ago but you're not going to see it until they basically announce it. We know they can't do that until the new rate or lifting the 3 zeros from the exchange rate has to be there...I think this is very very significant...to give...2 billion dinars...but the 2 billion dinars could really be worth something if they come up at $1 - $2. Now you got 2 billion dollars worth...this is very huge...
5-17-2020 Newshound Guru Pimpy ...a lot of you finally calmed down over those articles about Iraq wanting to devalue their currency...I told you don't worry about what the articles say, these are economists making suggestions. We'll see what they do. What they do is different than what they say. Just don't pay attention to what they say (pay attention a little bit) but pay attention more to what they do. With the price of oil going up this makes it less likely that they'll need to devalue the dollars. So stability, oil prices going up, the completion of the ministerial cabinet - it's looking really really good.
5-17-2020 Intel Guru Footforward [Just wondering how will China benefit from Iraq revealing. ] Oil deal they have with Iraq for one and they have alot of contracts that go into effect with Iraq when the dinar revalues.
5-17-2020 Intel Guru Delta ...It's a very high possibility that we might really see something from the Central Bank of Iraq this week...all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, so many people just talking about the subject - printing money, exchange rate. This is the first time...they're talking about an exchange rate...before we used to dream about them talking about this...we don't know the rate. We don't know the date. But this is coming from Iraq all over the news. They're talking about exchange rate. They're talking about printing money...everybody is happy internationally. Everybody is supporting the new Prime Minister...the World Bank...the first time they are basically supporting the financial reforms, the economic reforms - anything that has to do with money...they're backing up this new Prime Minister 100%. This is just unbelievable news...any nanosecond we could see the rate changing...
5-17-2020 Intel Guru Frank26 ...the United Nations is sending them 2 billion dinar. That's less than 2 million dollars for 3 major projects....that is incredible! IMO that means their currency must have some type of an electronic value that has not been posted...it's just amazing because the United Nations is now getting involved in lending [Giving?] them their own money. That is definitely chapter 8. That's an international move...
5-17-2020 Newshound Guru Pimpy I had a feeling...that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. And don't be surprised if we don't get more. I really think there's a bigger picture coming...we don't care about what they say, we care about what they do...People are saying, well how do you feel? You panicking? No, I'm not. Even if the rate did decrease for whatever reason...to me that's nothing...I preach this all the time, buy on the dip...if they lower that just means I get more dinar for my dollar... [Post 2 of 2]
5-17-2020 Newshound Guru Pimpy ...There's an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you'll get somewhere between 1200 to 1400 dinar for every dollar. That's going in the opposite direction of where we wanted to go...this is just economists. That's all they are. These are economists making recommendations ... it doesn't make any sense to me. I'm not an economist don't get me wrong but at the same token it doesn't make sense to me...if there's truly a shortage of Iraqi dinars in Iraq wouldn't it make sense then to increase the value of the dinars? This would get people who are holding dinar to turn their dinar over then these would come back into Iraq...increasing the rate makes more sense... [Post 1 of 2....stay tuned]
5-17-2020 Intel Guru Delta Two billion dinars from the United Nations to serve Al-Baghdadi in Anbar…UN GIVING IRAQ...2B DINARS ...NOT $$$...CAN WE SAY ARTICLE 8...
5-17-2020 Newshound Guru MilitiaMan Article: "...Al-Kazemi intends to replace most of the heads of the 25 independent bodies" ... I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s see who is who and what changes were made or are to come...I would like to see the Governor of the Central Bank make an announcement this weekend! imo!
5-17-2020 Intel Guru Footforward [Just wondering how will China benefit from Iraq revealing. ] Oil deal they have with Iraq for one and they have alot of contracts that go into effect with Iraq when the dinar revalues.
5-17-2020 Intel Guru Delta ...It's a very high possibility that we might really see something from the Central Bank of Iraq this week...all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, so many people just talking about the subject - printing money, exchange rate. This is the first time...they're talking about an exchange rate...before we used to dream about them talking about this...we don't know the rate. We don't know the date. But this is coming from Iraq all over the news. They're talking about exchange rate. They're talking about printing money...everybody is happy internationally. Everybody is supporting the new Prime Minister...the World Bank...the first time they are basically supporting the financial reforms, the economic reforms - anything that has to do with money...they're backing up this new Prime Minister 100%. This is just unbelievable news...any nanosecond we could see the rate changing...
5-17-2020 Intel Guru Frank26 ...the United Nations is sending them 2 billion dinar. That's less than 2 million dollars for 3 major projects....that is incredible! IMO that means their currency must have some type of an electronic value that has not been posted...it's just amazing because the United Nations is now getting involved in lending [Giving?] them their own money. That is definitely chapter 8. That's an international move...
5-17-2020 Newshound Guru Pimpy I had a feeling...that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. And don't be surprised if we don't get more. I really think there's a bigger picture coming...we don't care about what they say, we care about what they do...People are saying, well how do you feel? You panicking? No, I'm not. Even if the rate did decrease for whatever reason...to me that's nothing...I preach this all the time, buy on the dip...if they lower that just means I get more dinar for my dollar... [Post 2 of 2]
5-17-2020 Newshound Guru Pimpy ...There's an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you'll get somewhere between 1200 to 1400 dinar for every dollar. That's going in the opposite direction of where we wanted to go...this is just economists. That's all they are. These are economists making recommendations ... it doesn't make any sense to me. I'm not an economist don't get me wrong but at the same token it doesn't make sense to me...if there's truly a shortage of Iraqi dinars in Iraq wouldn't it make sense then to increase the value of the dinars? This would get people who are holding dinar to turn their dinar over then these would come back into Iraq...increasing the rate makes more sense... [Post 1 of 2....stay tuned]
5-17-2020 Intel Guru Delta Two billion dinars from the United Nations to serve Al-Baghdadi in Anbar…UN GIVING IRAQ...2B DINARS ...NOT $$$...CAN WE SAY ARTICLE 8...
5-17-2020 Newshound Guru MilitiaMan Article: "...Al-Kazemi intends to replace most of the heads of the 25 independent bodies" ... I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s see who is who and what changes were made or are to come...I would like to see the Governor of the Central Bank make an announcement this weekend! imo!
5-16-2020 Intel Guru Footforward [what odds would you give that the dong goes before the dinar? (percentage wise)] 50/50...China will be a big factor in that...But that's all my opinion...It's my opinion that could happen either way. But it seems that something has shifted with Vietnam...
5-16-2020 Newshound Guru Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates...they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed the rate...Yesterday they [Iraq] put out an article saying yeah we're actually going to reduce our exchange rate and print and release new currency while reducing the exchange rate. That has BS written all over it...they're trying to mislead you...last year they said they want to release coins and increase our exchange rate. They are doing what they can to confuse and mislead you...
5-16-2020 Intel Guru Mike Cottrell people ask me when is the RV going to happen …I do not know ...There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and the communist party owes us for all the death and trauma caused in the world and to all countries. I think that is when we will see the rollover/reset happen. If not before...
5-16-2020 Newshound/Intel Guru Mnt Goat ...I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they are questioning what is taking the CBI so long to get this done and they want it now...So here is my new reinstatement window: When we begin to see more and more of the protestor demands being met by the new prime minister Al-Kazemi. Also the CBI will be giving a statement shortly on the update of the project to delete the zeros. I am told by my CBI contact they are about to do this soon. So let’s wait and see what the official CBI statement is. We already know the Finance committee is demanding the completion of the project and the end of the currency auctions. They want is done NOW!
5-16-2020 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq signs a banking arrangement document with the World Bank" Quote: "It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets." With this agreement will come the secondary markets imo.. Get ready world, IRAQ is about to show her wealth to the world... One that will be noticed be sure!! She'll be adding to that Trillion...To say the least.. imo.
5-16-2020 Newshound Guru Pimpy ...we know they need more purchasing power. That's the direction I feel they're going in but we will soon find out. All right you guys don't feel negative....IMO a decrease in a rate is what we want. And what I mean by a decrease - I don't want to see that number [1190 dinar rate] increase... what I mean is I want to see 1190 decease - go down. The lower that goes the closer it gets...
5-16-2020 Newshound Guru Jeff ...they just have an explosion of economic articles. They really didn't talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and it was the formation of the government. They had to get the government done and formed...they have resumed back to where they were from last year. Having an explosion of economic articles that pretty much tells us they're done and ready to go. They're ready to move forward on this rate change...they can't go any further now till the rate changes.
5-16-2020 Newshound Guru Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates...they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed the rate...Yesterday they [Iraq] put out an article saying yeah we're actually going to reduce our exchange rate and print and release new currency while reducing the exchange rate. That has BS written all over it...they're trying to mislead you...last year they said they want to release coins and increase our exchange rate. They are doing what they can to confuse and mislead you...
5-16-2020 Intel Guru Mike Cottrell people ask me when is the RV going to happen …I do not know ...There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and the communist party owes us for all the death and trauma caused in the world and to all countries. I think that is when we will see the rollover/reset happen. If not before...
5-16-2020 Newshound/Intel Guru Mnt Goat ...I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they are questioning what is taking the CBI so long to get this done and they want it now...So here is my new reinstatement window: When we begin to see more and more of the protestor demands being met by the new prime minister Al-Kazemi. Also the CBI will be giving a statement shortly on the update of the project to delete the zeros. I am told by my CBI contact they are about to do this soon. So let’s wait and see what the official CBI statement is. We already know the Finance committee is demanding the completion of the project and the end of the currency auctions. They want is done NOW!
5-16-2020 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq signs a banking arrangement document with the World Bank" Quote: "It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets." With this agreement will come the secondary markets imo.. Get ready world, IRAQ is about to show her wealth to the world... One that will be noticed be sure!! She'll be adding to that Trillion...To say the least.. imo.
5-16-2020 Newshound Guru Pimpy ...we know they need more purchasing power. That's the direction I feel they're going in but we will soon find out. All right you guys don't feel negative....IMO a decrease in a rate is what we want. And what I mean by a decrease - I don't want to see that number [1190 dinar rate] increase... what I mean is I want to see 1190 decease - go down. The lower that goes the closer it gets...
5-16-2020 Newshound Guru Jeff ...they just have an explosion of economic articles. They really didn't talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and it was the formation of the government. They had to get the government done and formed...they have resumed back to where they were from last year. Having an explosion of economic articles that pretty much tells us they're done and ready to go. They're ready to move forward on this rate change...they can't go any further now till the rate changes.
5-15-2020 Intel Guru Bruce [via WiserNow] So...we have countries...that have rates on the screen as I talked to you last time on Tuesday...placeholder rates that will start going up in value starting Sunday for sure...Now – I have a time and a day that I’ve been given that I expect to receive the toll free numbers – it’s early next week - this is coming from the highest authority within one of major Tier 1 banks - and it was confirmed by another one... We are finally I believe at the point – where we are not turning back - We really are going to move forward - this is the time that we should see something happening...I feel as though everything is finally coming around together... Let’s see where this goes between now and early next week... [NOTE: Some guru say 800#s are real and safe, other gurus say they're silly and don't exist, other gurus say to avoid 800#s like the plague since they compromise your security...we have over 100K members who will have real-world experiences during the exchange and will share the good, the bad and the ugly with members - be sure you're registered. It's free - enter in the blue box above.]
5-15-2020 Newshound Guru Kaperoni Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
5-15-2020 Intel Guru MarkZ [via PDK] There is still tremendous expectation for June 1...ITS VERY QUIET OUT THERE, GAG ORDERS IS WHAT I'VE HEARD...and no rate change yet in iraq. I am hearing from Iraq that they are expecting it this weekend.
5-15-2020 Newshound Guru Pimpy ...they're...talking about messing with the exchange rate. This is interesting. One group of you are perceiving this as this is good because if the rate is 1190 and they lower it that's actually an increase on our side. The other part of you guys are going wait a minute. No. That's not what it means. If they decrease the rate then that means what? That it takes more Iraqi dinars per dollar...I can see what you mean. I could see it could go both ways. This is a good question. It's kind of hard to figure out what they're saying here...we've also heard there's a possible wave of negative news that's gonna come out about the dinar to discourage people...I don't know if I believe all that. My point is this. I'm gonna hold on to my dinar and see what happens. I don't trust a lot of the crap that's floating around...I want to see for myself what they do... [Post 2 of 2]
5-15-2020 Newshound Guru Pimpy ...we're got more chitter-chatter talking about the Iraqi dinar rate. Man this has been an ongoing conversation ... Article: "Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries". Wow what does that mean Pimpy? ...here's my question, They have issued already 55 trillion dinars. Less than 5% of it is in country. Less than 9% of the people have banking accounts. Where the hell is all that money? Why do they need to print more money? Why aren't they using the money that they've already printed? Makes you wonder doesn't it. Hmmm. I still think that the Iraqi dinar is gonna be used somehow as a poor man's reserve dollar. It just makes sense because I can't understand why they need to print more. [Post 1 of 2....stay tuned]
5-15-2020 Newshound Guru Jeff ...If Iraq plans to change or increase their exchange rate during the month of May there is only one date that qualifies to be able to change the rate on. And that date is May 24th. The reason why is they need a holiday or weekend period where all markets are closed around the world over a weekend and it has to be an in-country holiday...
5-15-2020 Intel Guru RayRen98 Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet. On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month.
5-15-2020 Intel Guru Footforward ...Iraq is broke. They need to do something soon. Like now. They can either print money, raise the value of their currency. Or borrow money. Printing money is not practical and does more harm then good. And no one will lend them money long term. So they need to add value to the currency...But the time is now. They need something to happen now. This is all in my opinion. As long as it isn't a Friday, any day going forward works...
5-15-2020 Newshound/Intel Guru Mnt Goat Article: "WASIT DEMONSTRATORS ISSUED A STATEMENT WARNING AGAINST DELAYING THEIR PREVIOUS DEMANDS" Keep in mind that last year we read articles telling us that one of the demands of the protestors was to “stop the currency auctions”. The only way they can do this is to go international and reinstate their currency. They will also need to finish the project to delete the zeros.
5-15-2020 Newshound Guru Kaperoni Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
5-15-2020 Intel Guru MarkZ [via PDK] There is still tremendous expectation for June 1...ITS VERY QUIET OUT THERE, GAG ORDERS IS WHAT I'VE HEARD...and no rate change yet in iraq. I am hearing from Iraq that they are expecting it this weekend.
5-15-2020 Newshound Guru Pimpy ...they're...talking about messing with the exchange rate. This is interesting. One group of you are perceiving this as this is good because if the rate is 1190 and they lower it that's actually an increase on our side. The other part of you guys are going wait a minute. No. That's not what it means. If they decrease the rate then that means what? That it takes more Iraqi dinars per dollar...I can see what you mean. I could see it could go both ways. This is a good question. It's kind of hard to figure out what they're saying here...we've also heard there's a possible wave of negative news that's gonna come out about the dinar to discourage people...I don't know if I believe all that. My point is this. I'm gonna hold on to my dinar and see what happens. I don't trust a lot of the crap that's floating around...I want to see for myself what they do... [Post 2 of 2]
5-15-2020 Newshound Guru Pimpy ...we're got more chitter-chatter talking about the Iraqi dinar rate. Man this has been an ongoing conversation ... Article: "Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries". Wow what does that mean Pimpy? ...here's my question, They have issued already 55 trillion dinars. Less than 5% of it is in country. Less than 9% of the people have banking accounts. Where the hell is all that money? Why do they need to print more money? Why aren't they using the money that they've already printed? Makes you wonder doesn't it. Hmmm. I still think that the Iraqi dinar is gonna be used somehow as a poor man's reserve dollar. It just makes sense because I can't understand why they need to print more. [Post 1 of 2....stay tuned]
5-15-2020 Newshound Guru Jeff ...If Iraq plans to change or increase their exchange rate during the month of May there is only one date that qualifies to be able to change the rate on. And that date is May 24th. The reason why is they need a holiday or weekend period where all markets are closed around the world over a weekend and it has to be an in-country holiday...
5-15-2020 Intel Guru RayRen98 Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet. On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month.
5-15-2020 Intel Guru Footforward ...Iraq is broke. They need to do something soon. Like now. They can either print money, raise the value of their currency. Or borrow money. Printing money is not practical and does more harm then good. And no one will lend them money long term. So they need to add value to the currency...But the time is now. They need something to happen now. This is all in my opinion. As long as it isn't a Friday, any day going forward works...
5-15-2020 Newshound/Intel Guru Mnt Goat Article: "WASIT DEMONSTRATORS ISSUED A STATEMENT WARNING AGAINST DELAYING THEIR PREVIOUS DEMANDS" Keep in mind that last year we read articles telling us that one of the demands of the protestors was to “stop the currency auctions”. The only way they can do this is to go international and reinstate their currency. They will also need to finish the project to delete the zeros.
5-14-2020 Intel Guru MarkZ [via PDK] [Have you heard any more on the rate of the dong?] I am still hearing it will come out at a street rate of .45 - .47 cents and allowed to float…and our contract rate will be right at $2.00 here in the US for our exchange.
5-14-2020 Newshound Guru Jeff Letter "ISX will be closed May 21, 2020 due to the National Holiday for Eid Al Fitter, The next session will be held on Sunday May 31, 2020." This is an official letter from the ISX...so a 9 day period the ISX will be closed. We're also looking to see if/and/or how long the currency auctions will be shut down for. We haven't seen that yet...
5-14-2020 Newshound Guru MilitiaMan Article: "The Cabinet decides to reduce and rationalize the administrative structures of the country" Quote: "Take decisions regarding financial reform by rationalizing expenditures, maximizing resources, and reforming financial institutions, including restructuring them." ...the money players are all informed or will be very shortly.. Very good oh ya!! imo..."They will take decisions on FINANCIAL REFORMS"...Perfect and they have told us they were accelerating reforms...Timing is so perfect. The new PM hit the ground running and the launch season is in full swing. Very good days ahead! imo.
5-14-2020 Intel Guru Footforward Article: "Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government" I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV. It's still a good step! But this isn't holding it back. I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.
5-14-2020 Intel Guru MarkZ [via PDK] ...I believe the banking system may be being fed a lot of hopium right now. But they still insist it is imminent. I still think we are close…I believe we will be at the banks by the end of May. As we watch everything implode it’s going to get far worse if they don’t move quickly...
5-14-2020 Newshound Guru Pimpy ...There's a lot of great energy coming out of Iraq. It looks really good. It feels very positive and as you go through the news it continues to not only be positive but move very very quickly. So it's looking good...I know you guys are all waiting for that exciting news just like I am and yesterday's articles it looked like they were at least teasing us a little bit. Tickling us a little bit. We already know that they need to change the Iraqi dinar rate. They need to do this. Its ridiculously undervalued. We know this. We know it's kept there for a reason. It looks like it's gonna happen but when is the question and how much is the other question. I say soon. Very very soon...
5-14-2020 Newshound Guru Adam Montana ...Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen... I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer.
5-14-2020 Intel Guru Bruce [via WiserNow] ...Will it happen by the 15th which is Friday? I hope so - but we again don’t KNOW it - cannot say absolutely – yet – and they don’t want us to know – this is nothing new - I am going to say that we have the information that we have its very positive – I think we are moving forward at a good speed and I would say to stay patient and keep your faith for this to come to fruition
5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..." In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
5-14-2020 Intel Guru MarkZ [via PDK] [I still think it will happen in May.] I agree with you based on what I am hearing for June 1.
5-14-2020 Newshound Guru Jeff Letter "ISX will be closed May 21, 2020 due to the National Holiday for Eid Al Fitter, The next session will be held on Sunday May 31, 2020." This is an official letter from the ISX...so a 9 day period the ISX will be closed. We're also looking to see if/and/or how long the currency auctions will be shut down for. We haven't seen that yet...
5-14-2020 Newshound Guru MilitiaMan Article: "The Cabinet decides to reduce and rationalize the administrative structures of the country" Quote: "Take decisions regarding financial reform by rationalizing expenditures, maximizing resources, and reforming financial institutions, including restructuring them." ...the money players are all informed or will be very shortly.. Very good oh ya!! imo..."They will take decisions on FINANCIAL REFORMS"...Perfect and they have told us they were accelerating reforms...Timing is so perfect. The new PM hit the ground running and the launch season is in full swing. Very good days ahead! imo.
5-14-2020 Intel Guru Footforward Article: "Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government" I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV. It's still a good step! But this isn't holding it back. I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.
5-14-2020 Intel Guru MarkZ [via PDK] ...I believe the banking system may be being fed a lot of hopium right now. But they still insist it is imminent. I still think we are close…I believe we will be at the banks by the end of May. As we watch everything implode it’s going to get far worse if they don’t move quickly...
5-14-2020 Newshound Guru Pimpy ...There's a lot of great energy coming out of Iraq. It looks really good. It feels very positive and as you go through the news it continues to not only be positive but move very very quickly. So it's looking good...I know you guys are all waiting for that exciting news just like I am and yesterday's articles it looked like they were at least teasing us a little bit. Tickling us a little bit. We already know that they need to change the Iraqi dinar rate. They need to do this. Its ridiculously undervalued. We know this. We know it's kept there for a reason. It looks like it's gonna happen but when is the question and how much is the other question. I say soon. Very very soon...
5-14-2020 Newshound Guru Adam Montana ...Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen... I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer.
5-14-2020 Intel Guru Bruce [via WiserNow] ...Will it happen by the 15th which is Friday? I hope so - but we again don’t KNOW it - cannot say absolutely – yet – and they don’t want us to know – this is nothing new - I am going to say that we have the information that we have its very positive – I think we are moving forward at a good speed and I would say to stay patient and keep your faith for this to come to fruition
5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..." In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
5-14-2020 Intel Guru MarkZ [via PDK] [I still think it will happen in May.] I agree with you based on what I am hearing for June 1.
5-13-2020 Newshound Guru Jeff ...there's a new pattern here that started since they finished the formation of the government. Pence went straight into saying hey now it's time for Iraq to get their reforms launched and implemented ...they put their economics on hold for the formation of the government...now they're going back and talking about it and they're even getting back into the budget...they had to finish the government first and that there indeed was a delay...
5-13-2020 Intel Guru Bruce I think we are going to have some very good things coming out of Iraq – and we understand yesterday that the World Bank and the IMF and our Secretary of State and a few others were in Iraq yesterday...I am sure they were meeting with both the CBI director as well as the Prime Minister and others...I am going to call it crossing the t’s and dotting the I’s - on the new Iraqi dinar currency – what the rates are going to be – and so on...I don’t know if we’re going to go in the next day or so – but it looks like we are...[post 2 of 2]
5-13-2020 Intel Guru Bruce [via WiserNow] The Iraqi Dinar has revalued and we brought that up to you last week – We do have a rate that has come out – that we talked about on the qi card - (pronounced “key” card) – that was nearing $10 over a week ago...we have had a new Prime Minister elected in Iraq...Mustafa Al-Kazemi...and we have a new director of the CBI...she is very pro RV and very much going to be an asset for the CBI...and I understand the new Prime Minister is a very pro – let’s say a President Trump type leader... [post 1 of 2....stay tuned]
5-13-2020 Newshound/Intel Guru Mnt Goat Article: "THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR" Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament anytime sooner than that. Among everything that is going on with shortages of funding I doubt it VERY MUCH that the finance committee will want to finance the Project to Delete the Zeros at this time in 2020. This is based on past experience with the finance committee. Remember too, the revaluing the Iraqi currency is not going to solve all their problems and certainly can cause more problems if not handled correctly.
5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
5-13-2020 Intel Guru MarkZ [via PDK] News today…Im hearing some positive, some negative, some “not surprising”. ...No rate change this morning in Iraq...but the banking world think it’s happening right now... [Frank26 says they are talking openly now about changing the rate in Iraq.] yes they are…I have a contractor on the ground there and he is saying that on the streets they all have a tremendous amount of expectation every Wed. and Sat. when the Gazette comes out to see a new rate. We are oh so close guys…
5-13-2020 Newshound Guru Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
5-13-2020 Newshound Guru Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
5-13-2020 Newshound Guru Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
5-13-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis" Quote: "...in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing capital..." They sure look like they are on the ROAD MAP to go international. Opening the doors to capital...
5-13-2020 Newshound/Intel Guru Mnt Goat Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.
5-13-2020 Intel Guru Bruce I think we are going to have some very good things coming out of Iraq – and we understand yesterday that the World Bank and the IMF and our Secretary of State and a few others were in Iraq yesterday...I am sure they were meeting with both the CBI director as well as the Prime Minister and others...I am going to call it crossing the t’s and dotting the I’s - on the new Iraqi dinar currency – what the rates are going to be – and so on...I don’t know if we’re going to go in the next day or so – but it looks like we are...[post 2 of 2]
5-13-2020 Intel Guru Bruce [via WiserNow] The Iraqi Dinar has revalued and we brought that up to you last week – We do have a rate that has come out – that we talked about on the qi card - (pronounced “key” card) – that was nearing $10 over a week ago...we have had a new Prime Minister elected in Iraq...Mustafa Al-Kazemi...and we have a new director of the CBI...she is very pro RV and very much going to be an asset for the CBI...and I understand the new Prime Minister is a very pro – let’s say a President Trump type leader... [post 1 of 2....stay tuned]
5-13-2020 Newshound/Intel Guru Mnt Goat Article: "THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR" Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament anytime sooner than that. Among everything that is going on with shortages of funding I doubt it VERY MUCH that the finance committee will want to finance the Project to Delete the Zeros at this time in 2020. This is based on past experience with the finance committee. Remember too, the revaluing the Iraqi currency is not going to solve all their problems and certainly can cause more problems if not handled correctly.
5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
5-13-2020 Intel Guru MarkZ [via PDK] News today…Im hearing some positive, some negative, some “not surprising”. ...No rate change this morning in Iraq...but the banking world think it’s happening right now... [Frank26 says they are talking openly now about changing the rate in Iraq.] yes they are…I have a contractor on the ground there and he is saying that on the streets they all have a tremendous amount of expectation every Wed. and Sat. when the Gazette comes out to see a new rate. We are oh so close guys…
5-13-2020 Newshound Guru Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
5-13-2020 Newshound Guru Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
5-13-2020 Newshound Guru Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
5-13-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis" Quote: "...in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing capital..." They sure look like they are on the ROAD MAP to go international. Opening the doors to capital...
5-13-2020 Newshound/Intel Guru Mnt Goat Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.
5-12-2020 Intel Guru MarkZ [via PDK] [Are 800 numbers real?] According to my banking guys…these guys work in banking and helped set up redemption centers…they say yes …800 numbers are absolutely real. [NOTE: Some gurus say yes some gurus say no on 800#s. Some gurus say avoid 800# for security reasons - The Dinar Guru community is over 100k strong...we'll share the real-world experiences of members - the good the bad and the ugly of 800# so you stay safe and avoid problems...be sure you're signed up for RV Dinar Alerts in the blue box at the top of this page...it's free.]
5-12-2020 Intel Guru RayRen98 On Tuesday, the Parliamentary Finance Committee has set several options to address the financial hardship:
-Exchange rate change
-Stop the imports
-Stop the currency auctions
-Prepare a Special Budget
-Open the door for investment
-Support the private sector
5-12-2020 Newshound Guru MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow...
5-12-2020 Intel Guru MarkZ [via PDK] No change is rates from Iraq yet…there is chatter to watch the publication of “The Gazette” tomorrow… [Can we exchange without Iraq reinstating their currency?] it will go at the same time…we won’t be exchanging until they revalue…and they will revalue at the same time the reset happens…[Do you still think we will be done and out the door by the end of May?] Yes I think we will be done and out the door by the end of May.
5-12-2020 Newshound/Intel Guru Walkingstick [via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
5-12-2020 Newshound Guru Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big...
5-12-2020 Dinar Guru Update The Central Bank of Iraq's website is down again this morning. "Service Unavailable: The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later." The CBI website has been up and down for maintenance every couple of days lately...this is not a normal pattern. Stay tuned as the gurus chime in on what they suspect is happening behind the scenes...
5-12-2020 Intel Guru Footforward there will always be corruption of some kind. There will always be some reason to say a certain time isn't ideal [for the RV]. Now is as good of a time as any.
5-12-2020 Intel Guru RayRen98 On Tuesday, the Parliamentary Finance Committee has set several options to address the financial hardship:
-Exchange rate change
-Stop the imports
-Stop the currency auctions
-Prepare a Special Budget
-Open the door for investment
-Support the private sector
5-12-2020 Newshound Guru MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow...
5-12-2020 Intel Guru MarkZ [via PDK] No change is rates from Iraq yet…there is chatter to watch the publication of “The Gazette” tomorrow… [Can we exchange without Iraq reinstating their currency?] it will go at the same time…we won’t be exchanging until they revalue…and they will revalue at the same time the reset happens…[Do you still think we will be done and out the door by the end of May?] Yes I think we will be done and out the door by the end of May.
5-12-2020 Newshound/Intel Guru Walkingstick [via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
5-12-2020 Newshound Guru Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big...
5-12-2020 Dinar Guru Update The Central Bank of Iraq's website is down again this morning. "Service Unavailable: The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later." The CBI website has been up and down for maintenance every couple of days lately...this is not a normal pattern. Stay tuned as the gurus chime in on what they suspect is happening behind the scenes...
5-12-2020 Intel Guru Footforward there will always be corruption of some kind. There will always be some reason to say a certain time isn't ideal [for the RV]. Now is as good of a time as any.
5-11-2020 Intel Guru Delta News about the nomination (Magda Tamimi) for the post of Governor of the Central Bank of Iraq...THIS LADY IS AMAZING IF SHE GET IT...SHE IS PRO RI FROM LONG TIME AGO...[Does this have to go for a vote...?] NO...PM CAN TAKE ALAQ AND PUT HER IF HE WANTS OVER NIGHT...LIKE MALIKI DID WITH SHABIBI ...BUT WE WILL SEE WHAT HAPPEN...
5-11-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: The budget will be semi-annual and will be allocated to 3" Quote "the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual." Hmmm very very interesting. If it's semi-annual that's once every six months and what do we know that's coming up here in June? We know that the United Nations, the IMF, the United States are coming in to meet with the new government. I wonder what they're gonna talk about? Well we know what they are going to talk about - The security. The protesters. As well as the economy of Iraq. Hopefully they'll have some good news going into the second half of this semi-annual report...
5-11-2020 Intel Guru Footforward Things will start moving quickly on or after May 15th I believe...
5-11-2020 Intel Guru MarkZ [via PDK] I’m expecting a very busy week this week… [Lots of folks looking for today for the RV….] I’m not looking for today…but looking for news on timing later today...No change in value from Iraq... [Do you believe the RV will happen in the month of May?] Everybody is looking for it to happen in May...I think there is a great chance it will happen in May…unless political stuff drags it out further…but, all my banking sources, military sources, and Iraqi sources all say it’s in the Month of May…I hope they are right.
5-11-2020 Newshound Guru Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push and he's pushing out all the Iranian puppets...
5-11-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: The budget will be semi-annual and will be allocated to 3" Quote "the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual." Hmmm very very interesting. If it's semi-annual that's once every six months and what do we know that's coming up here in June? We know that the United Nations, the IMF, the United States are coming in to meet with the new government. I wonder what they're gonna talk about? Well we know what they are going to talk about - The security. The protesters. As well as the economy of Iraq. Hopefully they'll have some good news going into the second half of this semi-annual report...
5-11-2020 Intel Guru Footforward Things will start moving quickly on or after May 15th I believe...
5-11-2020 Intel Guru MarkZ [via PDK] I’m expecting a very busy week this week… [Lots of folks looking for today for the RV….] I’m not looking for today…but looking for news on timing later today...No change in value from Iraq... [Do you believe the RV will happen in the month of May?] Everybody is looking for it to happen in May...I think there is a great chance it will happen in May…unless political stuff drags it out further…but, all my banking sources, military sources, and Iraqi sources all say it’s in the Month of May…I hope they are right.
5-11-2020 Newshound Guru Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push and he's pushing out all the Iranian puppets...
5-10-2020 Newshound/Intel Guru BGG [Reference Guru Mnt. Goat post dated 5-7-2020] A couple of key points… 1) None of this is how the secondary currency markets work (here in the U.S.)… 2) There are NO SUCH THING as actual “Dinar exchange centers” – NO SUCH THING. ...
5-10-2020 Intel Guru Footforward [Do you think it might RV this month or next?] in my opinion from now until the end of June presents an a window where things could go.
5-10-2020 Newshound Guru MilitiaMan [...EO 13303 expires on May 20th. If EO 13303 is not renewed... how does that effect our investment?] I read they signed it on a May 22nd, but, close enough...If it is not renewed Iraq would lose protection from creditors and that could be a bad thing. As for them allowing this to get that far to lose protection for us? I don't think for a minute there will be any worry about that, as the UST has a vested interest as we do. Today, I see Al-Kazemi has passed a law that allows for internal and external borrowing.. That suggests he has a way to pay off debts and that is where it gets good for us... I still think that is related to the huge article from the IMF and World Bank talking about other currencies getting into the SDR basket, as the time would be now per the article. imo...So, they'll need to have finances all sorted before they have the need to extend 13303 again. imo So, I am not worried about it being an issue.
5-10-2020 Intel Guru Footforward [Do you think it might RV this month or next?] in my opinion from now until the end of June presents an a window where things could go.
5-10-2020 Newshound Guru MilitiaMan [...EO 13303 expires on May 20th. If EO 13303 is not renewed... how does that effect our investment?] I read they signed it on a May 22nd, but, close enough...If it is not renewed Iraq would lose protection from creditors and that could be a bad thing. As for them allowing this to get that far to lose protection for us? I don't think for a minute there will be any worry about that, as the UST has a vested interest as we do. Today, I see Al-Kazemi has passed a law that allows for internal and external borrowing.. That suggests he has a way to pay off debts and that is where it gets good for us... I still think that is related to the huge article from the IMF and World Bank talking about other currencies getting into the SDR basket, as the time would be now per the article. imo...So, they'll need to have finances all sorted before they have the need to extend 13303 again. imo So, I am not worried about it being an issue.
5-9-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister and the First Deputy Speaker of Parliament are quick to remedy the problem and it will be solved very soon and will not be prolonged until tomorrow, Sunday..." ...we can see the pressure mounting and if they are going to go digital and have the platform to do so ready behind the scenes we may be in for a very big surprise. The salaries need to get paid and the demonstrations suggest the heat is on and the heat is going to increase too! They suggest they payments will not be prolonged past or to tomorrow. If that is an indicator or not is sure looks like one!!
5-9-2020 Intel Guru Footforward We will need to watch around may 15th too...I'm not hinting at anything. It's a date that keeps coming up.
5-9-2020 Newshound Guru MilitiaMan The new PM has a very serious and a professional back ground and some serious issues to tackle...The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. imo...we know this last weekend there were meetings at the highest levels to provide immediate solutions. I believe that the PM was privy to those meetings and understands the totality of where they are in regard to the crisis. The tools and or solutions would have been discussed and options were probably on the table. The best ones were i'll bet the ones we are looking forward too. That is the citizens get jobs, they get purchase power and we do as well...All things point to the Reforms getting in place now and very quickly from here on out...The pressure is now far to intense to not....
5-9-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION" ...now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI in the project to delete the zeros? Will the citizens now get the reforms promised?
5-9-2020 Newshound Guru Kaperoni ...Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.
5-9-2020 Newshound Guru Pimpy There are a lot of people out there that hold Iraqi dinar. There is a lot of us anticipating that the reinstatement rate or the revaluation rate is somewhere [between] $1 to $3.50...that is going to create a lot of millionaires...people are going to go out there and spend their money. You're going to see a bump in the economy enough to where it would win him reelection for sure. That's just my opinion. That seems to be the consensus between everybody that I'm talking to. Even people that don't even like Trump are like If Trump changes the rate I would vote for him... [post 2 of 2]
5-9-2020 Newshound Guru Pimpy ...there's this weird type of energy, this weird type of upbeat feeling for some reason. Everybody's feeling really good...we were this close last year but why does it seem different? Because it does feel a little different...there's like this weird optimism happening. I can share with you why I feel optimistic about this. 1 - the Prime Minister is in there. 2 - His cabinet is not far from being done. 3 - If Donald Trump has control of the IQD reevaluation it would make sense to me if I were him if I was gonna pull the trigger I would do this between now and election day which is only a few months away. And the reason for that is we need to have some kind of economical rebound. Some kind of economical boom. [post 1 of 2....stay tuned]
5-9-2020 Intel Guru Footforward [... my question is this...Has your source given you a date or a window of when it will happen] they expected it to be done by the end of march. There is an urgency with all that's going on. They would expect it by the end of June now. This really "should have" happened already...
5-9-2020 Intel Guru Footforward We will need to watch around may 15th too...I'm not hinting at anything. It's a date that keeps coming up.
5-9-2020 Newshound Guru MilitiaMan The new PM has a very serious and a professional back ground and some serious issues to tackle...The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. imo...we know this last weekend there were meetings at the highest levels to provide immediate solutions. I believe that the PM was privy to those meetings and understands the totality of where they are in regard to the crisis. The tools and or solutions would have been discussed and options were probably on the table. The best ones were i'll bet the ones we are looking forward too. That is the citizens get jobs, they get purchase power and we do as well...All things point to the Reforms getting in place now and very quickly from here on out...The pressure is now far to intense to not....
5-9-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION" ...now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI in the project to delete the zeros? Will the citizens now get the reforms promised?
5-9-2020 Newshound Guru Kaperoni ...Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.
5-9-2020 Newshound Guru Pimpy There are a lot of people out there that hold Iraqi dinar. There is a lot of us anticipating that the reinstatement rate or the revaluation rate is somewhere [between] $1 to $3.50...that is going to create a lot of millionaires...people are going to go out there and spend their money. You're going to see a bump in the economy enough to where it would win him reelection for sure. That's just my opinion. That seems to be the consensus between everybody that I'm talking to. Even people that don't even like Trump are like If Trump changes the rate I would vote for him... [post 2 of 2]
5-9-2020 Newshound Guru Pimpy ...there's this weird type of energy, this weird type of upbeat feeling for some reason. Everybody's feeling really good...we were this close last year but why does it seem different? Because it does feel a little different...there's like this weird optimism happening. I can share with you why I feel optimistic about this. 1 - the Prime Minister is in there. 2 - His cabinet is not far from being done. 3 - If Donald Trump has control of the IQD reevaluation it would make sense to me if I were him if I was gonna pull the trigger I would do this between now and election day which is only a few months away. And the reason for that is we need to have some kind of economical rebound. Some kind of economical boom. [post 1 of 2....stay tuned]
5-9-2020 Intel Guru Footforward [... my question is this...Has your source given you a date or a window of when it will happen] they expected it to be done by the end of march. There is an urgency with all that's going on. They would expect it by the end of June now. This really "should have" happened already...
5-8-2020 Intel Guru Bruce [via WiserNow] we are still really close – however...there had been some shenanigans to try to make this a taxable event...I have told you for ...many years – this is NOT a taxable event to us...that got removed last night - in other words – they handled it...it’s NOT there – there is NO tax on this currency exchange...that precipitated a new rewrite of the protocol and procedures of the currency exchange ...at least they are redoing it so that when we go in it will be clean and easy for us to go through – I look at it as a positive...Also in the news we have Iran has revalued in the past 2-3 days and also Iraq and congrats to Iraq for a newly elected PM...Iraq is still being a little bit quiet on the release of their revalued Dinar – It’s only a matter of time that will be known...Everything is on cruise I believe and if they don’t find something else to slow us down I believe we are looking good if we do in fact have a confirmation on the value date of Monday 5 / 11... [Please consult your tax professional at the appropriate time.]
5-8-2020 Intel Guru Footforward I've said my opinion is to plan for around 3 bucks on the dinar and 5-10 cents on the dong. I never said the rates can't be higher. But I will never give out the specific rate on the dinar. For a reason. People talk to me because they know I can keep my mouth shut and I don't care about attention...
5-8-2020 Newshound Guru Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction...
5-8-2020 Intel Guru MarkZ [via PDK] Government contacts are looking for mid May…my financial guys in the rafters are looking for the new currencies to be in place on June 1st. …so things look good. My bankers here are looking at this weekend…I still believe we may be a couple weeks out…just an opinion. But, I really hope the bankers are right.
5-8-2020 Newshound Guru MilitiaMan They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will or may at least have serious relevance... The Time is now. They can not get to the level they need to be or where it is even an option to do either of the two possibilities with out a strong international currency, imo. No SDR or Secondary Market is on the table at a program rate. Neither one of them can happen with out them lifting the value of the IQD, imo. They had no, nor have now, any more options to put it off!! They are in a corner and the new PM knows it. [post 2 of 2]
5-8-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available" Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or an exchange when liquidity is available.. Well what liquidity are they talking about? They have no hard currency ($USD) nor will they apparently be getting any more any time soon, either. They know they will have liquidity once they inject the new currency to a live international level. A program rate is going no where! imo. [post 1 of 2....stay tuned]
5-8-2020 Intel Guru RayRen98 Iraqi citizens are calling for the arrest and trial of former Prime Minister Mahdi now that Al-Kazemi has been voted on and accepted. Al-Kazemi will send the budget bill to the Parliament before Eid al-Fitr, which begins on Saturday, May 23, 2020 and ends on Sunday, May 24, 2020.
5-8-2020 Intel Guru Footforward I've said my opinion is to plan for around 3 bucks on the dinar and 5-10 cents on the dong. I never said the rates can't be higher. But I will never give out the specific rate on the dinar. For a reason. People talk to me because they know I can keep my mouth shut and I don't care about attention...
5-8-2020 Newshound Guru Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction...
5-8-2020 Intel Guru MarkZ [via PDK] Government contacts are looking for mid May…my financial guys in the rafters are looking for the new currencies to be in place on June 1st. …so things look good. My bankers here are looking at this weekend…I still believe we may be a couple weeks out…just an opinion. But, I really hope the bankers are right.
5-8-2020 Newshound Guru MilitiaMan They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will or may at least have serious relevance... The Time is now. They can not get to the level they need to be or where it is even an option to do either of the two possibilities with out a strong international currency, imo. No SDR or Secondary Market is on the table at a program rate. Neither one of them can happen with out them lifting the value of the IQD, imo. They had no, nor have now, any more options to put it off!! They are in a corner and the new PM knows it. [post 2 of 2]
5-8-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available" Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or an exchange when liquidity is available.. Well what liquidity are they talking about? They have no hard currency ($USD) nor will they apparently be getting any more any time soon, either. They know they will have liquidity once they inject the new currency to a live international level. A program rate is going no where! imo. [post 1 of 2....stay tuned]
5-8-2020 Intel Guru RayRen98 Iraqi citizens are calling for the arrest and trial of former Prime Minister Mahdi now that Al-Kazemi has been voted on and accepted. Al-Kazemi will send the budget bill to the Parliament before Eid al-Fitr, which begins on Saturday, May 23, 2020 and ends on Sunday, May 24, 2020.
5-7-2020 *** Dinar Guru Newsflash *** Iraq has a new Prime Minister...(sorta)! PM Al-Kazemi and 15 of his ministers given a vote of confidence. This is fantastic news for the stability of Iraq and the dinar. The very important Minister of Defense and Interior were included in the 15 passed ministers. What was not included was the Minister of Justice and four other ministers. It's unclear if these other ministers are needed for the government to be considered "official". In the past all 20 ministers were needed to move forward. Stay tuned as the gurus chime in on the significance of this accomplishment and what it means for the dinar. The latest guru posts will continue below...
5-7-2020 Newshound/Intel Guru Mnt Goat Don’t worry what the exchange rate of the dinar is in Iraq. ...The CBI will limit the exchange rate in Iraq for reasons I will not get into today. We are ONLY concerned with the rate on FOREX and what we can negotiate with the banks. Most banks will just have a standard rate of exchange, take it or leave it. AS far as any contract rates we know that China did pre-purchase oil credits from the US and so these credits we have an opportunity to share in, if we so desire. The only way you will know for sure is to ASK when you sit down to exchange. If they can’t tell you or say they don’t know, then go to another bank. Yes, there are going to be special s0-called exchange centers, but be careful that you go to an actual exchange center and not some scam as there are going to be many of these scams at this time. [Dinar Guru has over 100K members...we'll share the good bad and the ugly of exchange experiences. Be sure you don't miss a thing by being a member-- it's free -- enter your name and email the blue box above.]
5-7-2020 Intel Guru Footforward [So we "Should" see the budget between now and May 24th, the end of Eid-Al-Fitr.] I'd be surprised if the budget even takes that long. If it does it's because they are bickering over a few minor points. I was told the budget has been done for months with just a few fine points needing to be worked out.
5-7-2020 Newshound Guru Jeff ...this is my opinion - the last remaining seven ministers most likely will not be needed or required for the rate change... Pompeo Tweet "...Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the urgent, hard work of implementing the reforms demanded by the Iraqi people. I pledged to help him deliver on his bold agenda for the sake of the Iraqi people." ...according to what Pompeo said here that the next move is the reforms which is the demands of the people. That can't happen without a rate change. So based on this comment Iraq's next move is the rate change...the news is going to go dark and quiet for the next few weeks...
5-7-2020 Intel Guru MarkZ These are HUGE…Iraqs new PM said they were done being the world’s battlefield…and Iraq was going to be stable with prosperity. So everyone knows now that Iraq did seat a new Prime Minister and over 50% of his cabinet is already sat and in place. And Iran drops zeros and changes its currency from Rial to Toman… We have always been told to look for some things to be in place…and I understand they will start exchanging in Iran within the next 10 days to the new currency. If this is true it tells us we are right here…We should all be preparing for “post RV” at this time…
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can – which is strange – I know – but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Newshound Guru Pimpy ...Lo and behold sure enough our boy al-Kazemi made it in there and then Mike Pompeo sent a letter..."the United States will move forward with 120 day electricity waiver as a display of our desire to help provide the right conditions for success. The Secretary and Prime Minister also discussed the upcoming US-Iraq strategic dialogue and how they look forward to working together to provide the Iraq people with prosperity...and security that they deserve" ...this is going in a very interesting direction...we know that sometime in June that the United State with the United Nations along with the IMF are gonna meet with the Iraqi government and they're going to talk about some things...Let's hope they're talking about the prosperity part of this...we all know that part of the prosperity and one of the things that can help them is what? The increase in the exchange rate...
5-7-2020 Newshound Guru Kaperoni Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow. The only thing that has been accomplished as a result of the Parliamentary vote today to confirm the Prime Minister and his cabinet is that it should bring a sense of stability to Iraq. A news article surface today indicating Sadrs political bloc may have influence and control over who is the Central Bank of Iraq governor as a condition for voting for the new prime minister. We will have to see if that in fact is true but that may be significant.
5-7-2020 Intel Guru Footforward [What do y'all think the new PM will have to do with the RV?] ...his biggest contribution is that he's not an Iranian hack...It's helpful...So he's not something that would hold back the RV. ...But it's not something that forces the RV to happen. It's like oil in a a car. Oil doesn't run the car, but the car runs better with oil in the engine.
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can...but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Intel Guru Footforward [So we "Should" see the budget between now and May 24th, the end of Eid-Al-Fitr.] I'd be surprised if the budget even takes that long. If it does it's because they are bickering over a few minor points. I was told the budget has been done for months with just a few fine points needing to be worked out.
5-7-2020 Newshound Guru Jeff ...this is my opinion - the last remaining seven ministers most likely will not be needed or required for the rate change... Pompeo Tweet "...Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the urgent, hard work of implementing the reforms demanded by the Iraqi people. I pledged to help him deliver on his bold agenda for the sake of the Iraqi people." ...according to what Pompeo said here that the next move is the reforms which is the demands of the people. That can't happen without a rate change. So based on this comment Iraq's next move is the rate change...the news is going to go dark and quiet for the next few weeks...
5-7-2020 Intel Guru MarkZ These are HUGE…Iraqs new PM said they were done being the world’s battlefield…and Iraq was going to be stable with prosperity. So everyone knows now that Iraq did seat a new Prime Minister and over 50% of his cabinet is already sat and in place. And Iran drops zeros and changes its currency from Rial to Toman… We have always been told to look for some things to be in place…and I understand they will start exchanging in Iran within the next 10 days to the new currency. If this is true it tells us we are right here…We should all be preparing for “post RV” at this time…
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can – which is strange – I know – but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Newshound Guru Pimpy ...Lo and behold sure enough our boy al-Kazemi made it in there and then Mike Pompeo sent a letter..."the United States will move forward with 120 day electricity waiver as a display of our desire to help provide the right conditions for success. The Secretary and Prime Minister also discussed the upcoming US-Iraq strategic dialogue and how they look forward to working together to provide the Iraq people with prosperity...and security that they deserve" ...this is going in a very interesting direction...we know that sometime in June that the United State with the United Nations along with the IMF are gonna meet with the Iraqi government and they're going to talk about some things...Let's hope they're talking about the prosperity part of this...we all know that part of the prosperity and one of the things that can help them is what? The increase in the exchange rate...
5-7-2020 Newshound Guru Kaperoni Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow. The only thing that has been accomplished as a result of the Parliamentary vote today to confirm the Prime Minister and his cabinet is that it should bring a sense of stability to Iraq. A news article surface today indicating Sadrs political bloc may have influence and control over who is the Central Bank of Iraq governor as a condition for voting for the new prime minister. We will have to see if that in fact is true but that may be significant.
5-7-2020 Intel Guru Footforward [What do y'all think the new PM will have to do with the RV?] ...his biggest contribution is that he's not an Iranian hack...It's helpful...So he's not something that would hold back the RV. ...But it's not something that forces the RV to happen. It's like oil in a a car. Oil doesn't run the car, but the car runs better with oil in the engine.
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can...but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-6-2020 Intel Guru Delta Article quote: "On Thursday, the House of Representatives voted to pass the government of Prime Minister Mustafa Al-Kazemi." Al-Kazemi’s government officially won the confidence of Parliament.
5-6-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value... [Hey well take a VND rate over $1 ALL DAY! Back in the early 70’s it was over $2.] ...I would love that. But i trust my sources and from the info I have, that isn't on the table...Same for the people expecting the dinar to be 16 dollars. That isn't on the table either...
5-6-2020 Newshound Guru Adam Montana DJIA, S&P, GOLD, pretty much everything is up, including OIL...and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! ...Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly...
5-6-2020 Intel Guru RayRen98 From news sources....The Speaker of Parliament, Muhammad Al-Halbousi, called on the parliamentarians to attend a session of confidence in the government of designate Mustafa Al-Kazemi. The Presidency of the House of Representatives announced a voting session on the ministerial program and the government cabinet for Wednesday, May 6, 2020, at 9:00 PM Iraqi time (which is 2:00 PM Eastern Time). The United States is assuming a very urgent and significant need to form the government of Mr. Mustafa Al-Kazemi. ...
5-6-2020 Intel Guru MarkZ [So what is the hold-up?] I don’t think there is a hold-up…my government sources still keep telling me not to look for anything before mid-May…they want everything in place by June 1st. I can’t change the timing…I know it’s coming and I take great comfort from the fact that banks are stopping lending...So banks are not kicking the can anymore…i took this as a good sign…I know it is close and it is coming...
5-6-2020 Newshound Guru Pimpy ...Trump's like look you're gonna see one hell of a second half of 2020 but we're going to see the best year ever in 2021. It's like he's anticipated being reelected and to be quite honest so am I. So whether this reinstatement is a part of that and it makes sense to me. And he did say something about a global boom. Why? Free trade. A reinstatement of the rate. An economy kicked because of all the newly created millionaires. Is it possible? Yes. We've been hearing for so long that this is fake. Tell me there's a huge part of you that's not gonna gloat once this happens because people doubted you...
5-6-2020 Newshound Guru Jeff ...they are not going to vote on the formation of the government until 9pm tonight...right now it's about 4:05 pm in the country of Iraq. We have roughly another 5 more hours to go... [You can see the Iraqi Time in the left column of this page.]
5-6-2020 Newshound/Intel Guru Mnt Goat So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. ...remember there is NEVER going to be an ideal time or perfect time when Iraq is going to be a model country. ...It seems for now that the finance committee and the CBI are on the same page for this to occur. ...For Iraq to go anywhere on the global marketplace it must have a globally recognized currency. I don’t even care what rate they initially come out as...Just get the damned rate back on FOREX and let the free market take it from there. [post 3 of 3]
5-6-2020 Newshound/Intel Guru Mnt Goat 5) Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6) China wants desperately to get their stronghold inside Iraq and invest with their billions of Chinese funds and get their guaranteed oil. They want to do this in 2020 not years down the road; 7) Corona virus is at a decline in Iraq, as they shut down the borders with Iran and are keeping them shut, for now. 8) The CBI is already geared up to replace the larger notes with the smaller denominations. This project is huge and is the “project to delete the zeros”...this...will lead us to the reinstatement on FOREX as the global rate. We are NOT going to be allowed to exchange our dinar at the banks unless two things happen: a) the IQD is reinstated back on FOREX and b) Sanctions are lifted on the currency (probably will happen at the same time);... [post 2 of 3....stay tuned]
5-6-2020 Newshound/Intel Guru Mnt Goat ...So the prospects of an RV sooner than later are good. ...I want everyone to know I do not mean that as soon at the government is announced they are going to RV... What do we see now that is different than last week: 1) Iraq should form their government this week, This should bring a sense of stability and security; 2) Iranian influence is at an all time low...This is mandated prior to any reinstatement; 3) Al-Kazimi promises to open up the corruption files meaning they could actually finally go after Nori al-Maliki and his gang of thugs... 4) Iraq has finally managed to cut off funding to Iran via the currency auctions...through sourcing dollars now only via electronic means. This allows transparency and audits of exactly where all the money is going. So they are now abiding by US sanctions on Iran; [post 1 of 3....stay tuned]
5-6-2020 Newshound Guru Kaperoni Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency. This took parliament approval and is a LOP. Very similar to what has been discussed with Iraq. This is not a RV/RI but a neutral event. We do not want to see Iraq do this...In fact, we have seen several articles in Iraq talk about parliamentary approval. Therefore, we know that is what the CBI is also considering. Parliamentary approval is not needed for traditional monetary policy.
5-6-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value... [Hey well take a VND rate over $1 ALL DAY! Back in the early 70’s it was over $2.] ...I would love that. But i trust my sources and from the info I have, that isn't on the table...Same for the people expecting the dinar to be 16 dollars. That isn't on the table either...
5-6-2020 Newshound Guru Adam Montana DJIA, S&P, GOLD, pretty much everything is up, including OIL...and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! ...Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly...
5-6-2020 Intel Guru RayRen98 From news sources....The Speaker of Parliament, Muhammad Al-Halbousi, called on the parliamentarians to attend a session of confidence in the government of designate Mustafa Al-Kazemi. The Presidency of the House of Representatives announced a voting session on the ministerial program and the government cabinet for Wednesday, May 6, 2020, at 9:00 PM Iraqi time (which is 2:00 PM Eastern Time). The United States is assuming a very urgent and significant need to form the government of Mr. Mustafa Al-Kazemi. ...
5-6-2020 Intel Guru MarkZ [So what is the hold-up?] I don’t think there is a hold-up…my government sources still keep telling me not to look for anything before mid-May…they want everything in place by June 1st. I can’t change the timing…I know it’s coming and I take great comfort from the fact that banks are stopping lending...So banks are not kicking the can anymore…i took this as a good sign…I know it is close and it is coming...
5-6-2020 Newshound Guru Pimpy ...Trump's like look you're gonna see one hell of a second half of 2020 but we're going to see the best year ever in 2021. It's like he's anticipated being reelected and to be quite honest so am I. So whether this reinstatement is a part of that and it makes sense to me. And he did say something about a global boom. Why? Free trade. A reinstatement of the rate. An economy kicked because of all the newly created millionaires. Is it possible? Yes. We've been hearing for so long that this is fake. Tell me there's a huge part of you that's not gonna gloat once this happens because people doubted you...
5-6-2020 Newshound Guru Jeff ...they are not going to vote on the formation of the government until 9pm tonight...right now it's about 4:05 pm in the country of Iraq. We have roughly another 5 more hours to go... [You can see the Iraqi Time in the left column of this page.]
5-6-2020 Newshound/Intel Guru Mnt Goat So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. ...remember there is NEVER going to be an ideal time or perfect time when Iraq is going to be a model country. ...It seems for now that the finance committee and the CBI are on the same page for this to occur. ...For Iraq to go anywhere on the global marketplace it must have a globally recognized currency. I don’t even care what rate they initially come out as...Just get the damned rate back on FOREX and let the free market take it from there. [post 3 of 3]
5-6-2020 Newshound/Intel Guru Mnt Goat 5) Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6) China wants desperately to get their stronghold inside Iraq and invest with their billions of Chinese funds and get their guaranteed oil. They want to do this in 2020 not years down the road; 7) Corona virus is at a decline in Iraq, as they shut down the borders with Iran and are keeping them shut, for now. 8) The CBI is already geared up to replace the larger notes with the smaller denominations. This project is huge and is the “project to delete the zeros”...this...will lead us to the reinstatement on FOREX as the global rate. We are NOT going to be allowed to exchange our dinar at the banks unless two things happen: a) the IQD is reinstated back on FOREX and b) Sanctions are lifted on the currency (probably will happen at the same time);... [post 2 of 3....stay tuned]
5-6-2020 Newshound/Intel Guru Mnt Goat ...So the prospects of an RV sooner than later are good. ...I want everyone to know I do not mean that as soon at the government is announced they are going to RV... What do we see now that is different than last week: 1) Iraq should form their government this week, This should bring a sense of stability and security; 2) Iranian influence is at an all time low...This is mandated prior to any reinstatement; 3) Al-Kazimi promises to open up the corruption files meaning they could actually finally go after Nori al-Maliki and his gang of thugs... 4) Iraq has finally managed to cut off funding to Iran via the currency auctions...through sourcing dollars now only via electronic means. This allows transparency and audits of exactly where all the money is going. So they are now abiding by US sanctions on Iran; [post 1 of 3....stay tuned]
5-6-2020 Newshound Guru Kaperoni Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency. This took parliament approval and is a LOP. Very similar to what has been discussed with Iraq. This is not a RV/RI but a neutral event. We do not want to see Iraq do this...In fact, we have seen several articles in Iraq talk about parliamentary approval. Therefore, we know that is what the CBI is also considering. Parliamentary approval is not needed for traditional monetary policy.
5-5-2020 Intel Guru Delta ...It looks like the Iraqi Stock Exchange did jump about 1000% for the month of February. Meaning the value of the stocks...and it looks like the IQD, jumped in value for some reason. Question "If that is the case why do we not see that reflect on the ISX when they opened?" Very good question...the Iraqi Stock Exchange does not have to show the true index until they go international...
5-5-2020 Newshound/Intel Guru Mnt Goat ...the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote in parliament and it will come down to...very close to the deadline day of May 7th. So we hear today they plan to vote on Wednesday. Article quote: "The Presidency of the House of Representatives decided to hold a voting session on the ministerial program and the government cabinet on Wednesday, 6/5/2020 at nine in the evening." Let’s see if they actually do it. Finally…
5-5-2020 Intel Guru MarkZ [via PDK] I know there is lots of chatter/rumors ...that things are all done…all the codes have been entered…the exchanges have started…. From Reno contact last night…they are prepared but have not started yet…. I spoke with a contact at a redemption center and they are in place. There are a few people in centers to keep the lights on while the rest wait for the “go ahead” …They are all prepared so we are close. We just have to wait for the “go”... There is a lot of smoke and lots of rumors and lots of leaks…they may be purposely putting it out there…so until we officially can go…try not to get to worked up just yet...we are close…
5-5-2020 Newshound Guru Jeff ...they've told us they're going to vote on the government tomorrow. They've also told us they would do it Thursday. It may be a one or two day session of parliament. We'll have to see how that unfolds and occurs...
5-5-2020 Newshound Guru Pimpy ...I told you guys this week's gonna be big. Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President has the right to dissolve Parliament...this could be an exciting week...between tonight and tomorrow all the parliament members are going to be arriving to vote. The rumor is that he's going to get about 75% of the votes...
5-5-2020 Intel Guru RayRen98 From our citizen contact...USA sends important message to the Parliament of Iraq via USA ambassador to Iraq saying do not fail to form the government of Kazemi. If failure happens, USA will do whatever it needs to protect and take care of the Iraqi people.
5-5-2020 Intel Guru Delta "Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening"
5-5-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value...
5-5-2020 Newshound Guru Kaperoni Iraq it's going to set aside Wednesday as the day for Parliament to vote on the new prime minister and his cabinet. We will have to wait and see if it's confirmed.
5-5-2020 Newshound/Intel Guru Mnt Goat ...the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote in parliament and it will come down to...very close to the deadline day of May 7th. So we hear today they plan to vote on Wednesday. Article quote: "The Presidency of the House of Representatives decided to hold a voting session on the ministerial program and the government cabinet on Wednesday, 6/5/2020 at nine in the evening." Let’s see if they actually do it. Finally…
5-5-2020 Intel Guru MarkZ [via PDK] I know there is lots of chatter/rumors ...that things are all done…all the codes have been entered…the exchanges have started…. From Reno contact last night…they are prepared but have not started yet…. I spoke with a contact at a redemption center and they are in place. There are a few people in centers to keep the lights on while the rest wait for the “go ahead” …They are all prepared so we are close. We just have to wait for the “go”... There is a lot of smoke and lots of rumors and lots of leaks…they may be purposely putting it out there…so until we officially can go…try not to get to worked up just yet...we are close…
5-5-2020 Newshound Guru Jeff ...they've told us they're going to vote on the government tomorrow. They've also told us they would do it Thursday. It may be a one or two day session of parliament. We'll have to see how that unfolds and occurs...
5-5-2020 Newshound Guru Pimpy ...I told you guys this week's gonna be big. Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President has the right to dissolve Parliament...this could be an exciting week...between tonight and tomorrow all the parliament members are going to be arriving to vote. The rumor is that he's going to get about 75% of the votes...
5-5-2020 Intel Guru RayRen98 From our citizen contact...USA sends important message to the Parliament of Iraq via USA ambassador to Iraq saying do not fail to form the government of Kazemi. If failure happens, USA will do whatever it needs to protect and take care of the Iraqi people.
5-5-2020 Intel Guru Delta "Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening"
5-5-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value...
5-5-2020 Newshound Guru Kaperoni Iraq it's going to set aside Wednesday as the day for Parliament to vote on the new prime minister and his cabinet. We will have to wait and see if it's confirmed.
5-3-2020 *** Dinar Guru News *** Guru Frank26 is having major surgery this next week. Whether you agree with his perspectives on the dinar or not or enjoy his colorful Frank26 ways of sharing or not, everyone agrees he has been an important contributor to the dinar community for a very long time. Our thoughts and prayers go out to him and his family. Get well Frank26...the community is behind you!!
5-2-2020 *** Dinar Guru News FLASH *** [UPDATE: The CBI did not change/edit the 100 point change in the official MARKET rate posted yesterday for the 27th. They're closed until Sunday]. The CBI is reporting a change in the official MARKET rate for the dinar! [The market rate is the street rate and different from the official CBI set rate of 1190.] This could be significant. As you know, after a few weeks hiatus, the CBI began to update the dinar market rate this week. It's been out of compliance with the IMF 2% rule on these updates. Today's CBI market rate update is for April 27th - it's showing a 100 point change to 1124. This is a STRONGER rate than the official CBI rate of 1190 (remember we want these numbers to go down NOT up). We're not sure if this is this a simple typo mistake or if this is real. If it's real, it's significant - the market rate is determined by demand in the Iraqi market and this shows demand is growing for the dinar. Stay tuned as the gurus chime in on this interesting news. The latest guru posts will continue below... [Note: you can always see the latest CBI official rate and market rate in the left column of this page.]
5-5-2020 *** Dinar Guru News Update *** The CBI updated their official market rate sheet...it appears last week's 1124 posted rate was an error. They changed the 27th rate to 1224. Today's market rate is 1229.50. This is out of compliance with the IMF's 2% rule. You can always see the CBI's latest official rate and market rate in the left column of this page. The latest guru posts will continue below...
5-4-2020 Intel Guru Delta Article: "The Minister of Finance and the Governor of the Central Bank stress the need to expedite the framing of immediate solutions to remedy the financial situation" ...THEY ARE READY TO START...IMO.
5-4-2020 Intel Guru Footforward ...in my opinion, dong between 5 and 50 cents, dinar between 3 and 6 dollars...It would be a miracle of the dong was above 50 cents...I never said it would be this week...I don't know exact time yet.
5-4-2020 Intel Guru MarkZ [via PDK] [Mark now with the States opening up this would be a good time to RV and get the economy going!] I agree... [Trump had said there are Trillions in private money waiting in the wings to help with infrastructure…] that would be us…
5-4-2020 Newshound Guru ChrisC [I saw something on forex graph graff a few days ago. It was showing VND .37 - .38...I don't know if that means anything. This same graph was showing IQD over 2.00] This IS interesting since that is almost exactly what we used to talk about the rate being after a RV. There would always be a bounce from that price to somewhere in the threes, of course we always want the threes but I would be happy with .37 at this point.
5-4-2020 Intel Guru Footforward [...You mentioned it would be advantageous for the VND to go 1st, do you think it will and will the IQD follow within a day or two? IYO] ...if the dinar and dong go separately I think they would be separated for a week or two. The dong has like a 20% chance of going first or separately. That would only be if Iraq isn't ready and Trump needs something immediately.
5-4-2020 Newshound Guru MilitiaMan Why is this so interesting for them to be down at this stage? Well the value of the exchange with using the data from the CBI site suggests a very large move is expected to the live ISX actual values for share pricing...They say it is down for technical requirements... Well value adjustments of such large size would warrant technical assistance...There are no coincidences at this stage of the game. REER...(real effective exchange rate)...IS COMING!! Imo. Let’s see what the CBI has to say next!! [post 2 of 2]
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-4-2020 Intel Guru Footforward ...in my opinion, dong between 5 and 50 cents, dinar between 3 and 6 dollars...It would be a miracle of the dong was above 50 cents...I never said it would be this week...I don't know exact time yet.
5-4-2020 Intel Guru MarkZ [via PDK] [Mark now with the States opening up this would be a good time to RV and get the economy going!] I agree... [Trump had said there are Trillions in private money waiting in the wings to help with infrastructure…] that would be us…
5-4-2020 Newshound Guru ChrisC [I saw something on forex graph graff a few days ago. It was showing VND .37 - .38...I don't know if that means anything. This same graph was showing IQD over 2.00] This IS interesting since that is almost exactly what we used to talk about the rate being after a RV. There would always be a bounce from that price to somewhere in the threes, of course we always want the threes but I would be happy with .37 at this point.
5-4-2020 Intel Guru Footforward [...You mentioned it would be advantageous for the VND to go 1st, do you think it will and will the IQD follow within a day or two? IYO] ...if the dinar and dong go separately I think they would be separated for a week or two. The dong has like a 20% chance of going first or separately. That would only be if Iraq isn't ready and Trump needs something immediately.
5-4-2020 Newshound Guru MilitiaMan Why is this so interesting for them to be down at this stage? Well the value of the exchange with using the data from the CBI site suggests a very large move is expected to the live ISX actual values for share pricing...They say it is down for technical requirements... Well value adjustments of such large size would warrant technical assistance...There are no coincidences at this stage of the game. REER...(real effective exchange rate)...IS COMING!! Imo. Let’s see what the CBI has to say next!! [post 2 of 2]
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-3-2020 Intel Guru RayRen98 ...Iraqi TV reported in a breaking news, citing sources, that the voting session for the new Iraqi government headed by Mustafa Al-Kazemi will take place on Monday. Al-Kazemi has sent the full ministerial formation to the House of Representatives, explaining that the names of the candidates for the cabinet will be sent, within the constitutional period. Shiite blocs have given Al-Kazemi the green light to present his program and his government to Parliament and the request for a special confidence-granting session. The Speaker of Parliament, Mohamed Al-Halbousi, directed the members of the Council to be in Baghdad next Monday, expecting to hold a session to vote on the cabinet booth this week.
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-2-2020 Newshound Guru Kaperoni Article quote: ..."all countries of the world follow the policy of floating currency except in Iraq because the currency auction is one of the chapters of corruption that feed the pockets of spoilers," stressing that "floating the Iraqi dinar will protect Iraq's reserves from hard currency from loss and waste."
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-2-2020 Intel Guru Bruce [via WiserNow] ...there has been something that was put out today or yesterday – about taxes – something was said that 50% tax would be levied on our exchange – I have to tell you that was a lie – there is no tax on our exchange – it is a tax free exchange...don’t worry – this is NOT a taxable event - we are just going to pay taxes on the income that is generated from your proceeds – not the proceed themselves... [Check with your Tax professional at the appropriate time.]
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-2-2020 Intel Guru Bruce [via WiserNow] ...there has been something that was put out today or yesterday – about taxes – something was said that 50% tax would be levied on our exchange – I have to tell you that was a lie – there is no tax on our exchange – it is a tax free exchange...don’t worry – this is NOT a taxable event - we are just going to pay taxes on the income that is generated from your proceeds – not the proceed themselves... [Check with your Tax professional at the appropriate time.]
5-1-2020 Newshound Guru Pimpy …looks like our boy Kazemi might be making some headway…I believe it’s Sunday coming up here the day after tomorrow we will know what’s going on with our boy Al-Kazemi and his cabinet, whether they get voted in. This could be a big step towards what we're waiting for which of course is the revaluation or the reinstatement of the Iraqi dinars…
5-1-2020 Intel Guru Bruce [via WiserNow] ...we had heard that Australia started their exchanges under the RV – we heard that yesterday...The best information I have so far today from several sources is talking... Monday afternoon...that we could be notified...but more than likely our start would be on Tuesday...we’re just going to have to keep an eye on that... we can’t call it - I’m just telling you what I am hearing... did I think we had a shot of going by today...? Yes – but like a moving target the information changed...
5-1-2020 Newshound Guru Pimpy The following is my opinion based on research...The VND Dong is expected to raise its rate on May 7th.
5-1-2020 Intel Guru MarkZ We did have a couple banking reports where rates showed up for dinar and dong for a short bit... I was reaching out to bankers all morning and a couple of my banking sources and they say some rates started popping up for a short time and then going away…..This was on the dinar and the dong. They saw about .38 cents for the dong and about $2 for the dinar. No, I do not think that is what the true rates are going to be. Perhaps this is a testing or a priming of the system? Either way I take this as a good sign after having no signs for awhile. Don’t rule today out yet.
5-1-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President is going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-1-2020 Newshound Guru Adam Montana [How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if".
5-1-2020 Intel Guru Bruce [via WiserNow] ...we had heard that Australia started their exchanges under the RV – we heard that yesterday...The best information I have so far today from several sources is talking... Monday afternoon...that we could be notified...but more than likely our start would be on Tuesday...we’re just going to have to keep an eye on that... we can’t call it - I’m just telling you what I am hearing... did I think we had a shot of going by today...? Yes – but like a moving target the information changed...
5-1-2020 Newshound Guru Pimpy The following is my opinion based on research...The VND Dong is expected to raise its rate on May 7th.
5-1-2020 Intel Guru MarkZ We did have a couple banking reports where rates showed up for dinar and dong for a short bit... I was reaching out to bankers all morning and a couple of my banking sources and they say some rates started popping up for a short time and then going away…..This was on the dinar and the dong. They saw about .38 cents for the dong and about $2 for the dinar. No, I do not think that is what the true rates are going to be. Perhaps this is a testing or a priming of the system? Either way I take this as a good sign after having no signs for awhile. Don’t rule today out yet.
5-1-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President is going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-1-2020 Newshound Guru Adam Montana [How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if".
4-30-2020 Intel Guru RayRen98 BANK SOURCES ARE "OPENING UP" INDICATING NEW RATES ARE FORTHCOMING...SO WE WAIT...PATIENTLY. POSITIVE..."VERY" POSITIVE!
4-30-2020 Intel Guru Footforward [Question: Does it matter wether we have circulated or uncirculated dinars? Does the value change?] No...It shouldn't. Money is money unless that series has been discontinued Or replaced
4-30-2020 Newshound Guru Adam Montana Day
6jillion7bazillion876,9876,350,876 of the 'Rona lockdown...Countries like Iraq should certainly be wiped out and pleading for mercy... Especially with OIL taking the huge hit that it took recently! That is not the case...Iraq is not only "fine", they are more than fine! They have weathered a monster hit to the price of oil without lowering their rate. They are surviving an unbelievable shakeup of their government, and...(Thursday) to May 8 look to be key dates for finalizing some more of that critical work... Don't get me wrong - I'm not saying Coronavirus was a "hoax". On the contrary, it has been devastating for some... and the economic damage may never be fully calculated. But the world did not end. We will move past all of this. And the Iraqi Dinar is still a very real item that holds a massive amount of potential...
4-30-2020 Intel Guru MarkZ [via PDK] My folks in Iraq still think this could be our weekend…the banking side absolutely believe they are correct…that tonight is our night…I hope they are right…
4-30-2020 Intel Guru RayRen98 [Will executive order 13303 need to be renewed if the rv does not happen by May 20th? Will this change our chance of exchanging our currency?] NOTHING WILL CHANGE OUR CHANCE OF EXCHANGING...
4-30-2020 Intel Guru Bruce [via WiserNow] ...Usually our currencies can tell us something – so we know for example...Travel X stopped offering Vietnamese Dong for sale on their site -In other words – it disappeared – The Vietnamese Dong is no longer available...That is a great sign for us ...so why did that go away? It’s going away because the rate change is going to take place - and they don’t want to get caught in the middle of a rate change – so they have simply removed the Dong from the site – that is Big!...
4-30-2020 Newshound Guru Pimpy ...a nifty little tidbit of information that was brought to my attention that I had not paid attention to but might make a difference in our thought...from the White House, "Text of a Notice on the Continuation of the National Emergency with Respect to the Stabilization of Iraq" Executive Order 13303...this one was redone by Trump May 20, 2019...When they declared it [back in 2003] is when the currency was devalued. When this expires does this mean there are no longer any restriction on the Iraqi dinar? Does this mean we're finally going to see the Iraq dinar on forex? Does this means we're finally going to see the rate change?...On May 20, 2019 Trump extended it for one year. What does it mean when this expires? Trump might not extend this 13303...I don't want to get over-hyped...does this mean that on May 20, 2020 if they don't extend this does that mean any restrictions on the currency is then lifted? ...I'm curious what this means.
4-30-2020 Intel Guru RayRen98 Al-Kazemi says in the coming hours, he will release all names of his cabinet and within two days, he will announce a special session of Parliament to vote sometime next week and that the virus and Ramadan will not affect this session.
4-30-2020 Newshound Guru Jeff ...We are now only waiting for Iraq to form the GOI to go International...the new GOI will be approved by the constitutional deadline of May 8th...
4-30-2020 Intel Guru Footforward [Question: Does it matter wether we have circulated or uncirculated dinars? Does the value change?] No...It shouldn't. Money is money unless that series has been discontinued Or replaced
4-30-2020 Newshound Guru Adam Montana Day
6jillion7bazillion876,9876,350,876 of the 'Rona lockdown...Countries like Iraq should certainly be wiped out and pleading for mercy... Especially with OIL taking the huge hit that it took recently! That is not the case...Iraq is not only "fine", they are more than fine! They have weathered a monster hit to the price of oil without lowering their rate. They are surviving an unbelievable shakeup of their government, and...(Thursday) to May 8 look to be key dates for finalizing some more of that critical work... Don't get me wrong - I'm not saying Coronavirus was a "hoax". On the contrary, it has been devastating for some... and the economic damage may never be fully calculated. But the world did not end. We will move past all of this. And the Iraqi Dinar is still a very real item that holds a massive amount of potential...
4-30-2020 Intel Guru MarkZ [via PDK] My folks in Iraq still think this could be our weekend…the banking side absolutely believe they are correct…that tonight is our night…I hope they are right…
4-30-2020 Intel Guru RayRen98 [Will executive order 13303 need to be renewed if the rv does not happen by May 20th? Will this change our chance of exchanging our currency?] NOTHING WILL CHANGE OUR CHANCE OF EXCHANGING...
4-30-2020 Intel Guru Bruce [via WiserNow] ...Usually our currencies can tell us something – so we know for example...Travel X stopped offering Vietnamese Dong for sale on their site -In other words – it disappeared – The Vietnamese Dong is no longer available...That is a great sign for us ...so why did that go away? It’s going away because the rate change is going to take place - and they don’t want to get caught in the middle of a rate change – so they have simply removed the Dong from the site – that is Big!...
4-30-2020 Newshound Guru Pimpy ...a nifty little tidbit of information that was brought to my attention that I had not paid attention to but might make a difference in our thought...from the White House, "Text of a Notice on the Continuation of the National Emergency with Respect to the Stabilization of Iraq" Executive Order 13303...this one was redone by Trump May 20, 2019...When they declared it [back in 2003] is when the currency was devalued. When this expires does this mean there are no longer any restriction on the Iraqi dinar? Does this mean we're finally going to see the Iraq dinar on forex? Does this means we're finally going to see the rate change?...On May 20, 2019 Trump extended it for one year. What does it mean when this expires? Trump might not extend this 13303...I don't want to get over-hyped...does this mean that on May 20, 2020 if they don't extend this does that mean any restrictions on the currency is then lifted? ...I'm curious what this means.
4-30-2020 Intel Guru RayRen98 Al-Kazemi says in the coming hours, he will release all names of his cabinet and within two days, he will announce a special session of Parliament to vote sometime next week and that the virus and Ramadan will not affect this session.
4-30-2020 Newshound Guru Jeff ...We are now only waiting for Iraq to form the GOI to go International...the new GOI will be approved by the constitutional deadline of May 8th...
4-29-2020 Intel Guru Bruce Let’s talk about the Iraq Dinar – We had a reinstated rate – we had a revaluation take place last Sunday and we have...a rate – because the CBI website was up and then was taken down by Iraq on purpose – they did not want us to see what that rate is...The rate I understand was at $1.00 – the re-instatement rate – which was on par with the US dollar – and we believe it has elevated well above that rate...we do have the new rate on the bank screens now...our Forex guy – and certain bankers have acknowledged that there is a new rate – We have some idea as to what it is – but we are not at liberty to say - and we are just going to let that play out... I know they revalued – we have people that are directly connected to Iraq that have acknowledged that – so I feel very good about that... [post 2 of 2]
4-29-2020 Intel Guru Bruce [via WiserNow] ...we had heard – about a week ago that we had sort of a deadline or back wall – it appears that we have had a deadline in place for us to get started...we believe that deadline is Thursday – the last day of the month the 30th of April...It should not go beyond Thursday – Of course we know in this anything is possible – we already know that - but we also know they do want to get this thing started and we believe they want to get it started by or on Thursday April 30th... [post 1 of 2....stay tuned]
4-29-2020 Intel Guru MarkZ [via PDK] From my contacts...Zurich is still sitting on “wait”. Iraq is also sitting on “wait” they did not have a new rate this morning.
4-29-2020 Intel Guru Footforward they can vote on their government in December for all we care...We don't hear the CBI ever talk about needing a government to increase the rate...I'm absolutely certain about that one. They have a financial committee that runs the finances with or without a seated government. It's how everyone gets paid right now without a seated government.
4-29-2020 Newshound Guru Pimpy ... We know that over in Iraq...what we're waiting for is Al-Kazami whether he's going to get in there as Prime Minister and he's going to have his cabinet or government and they're gonna get voted in...we also know that in June the UN, IMF and the United States are going to be in Iraq...the article said it wasn't just about military bases...Do you think the United States would just pull out after everything that happened. Like Trump said do you think we will just leave and leave the bases there without getting paid? Looks like Trump is pulling out. This is what they [Iraq] wanted. Did they come up with some type of agreement? Hmmm I wonder. It makes you wonder. Do they have some kind of understanding? Does Trump know something we don't know? Is the rate change finally getting ready to happen?
4-29-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...they are giving them until the 26th of May. A credible government will be formed by May 26th and it's to allow them the time for the formation of a credible government...
4-29-2020 Intel Guru Delta ...[The CEO of the Iraqi Stock Exchange was asked] 'How come the Iraqi Stock Exchange is not going international?' He said very simple, because of foreign currency. Because the Iraqi dinar basically is not international. It's not tradable. It's not recognizable. Which is more confirmation to us...
4-29-2020 Intel Guru Frank26 ...REER - Real Effective Exchange Rate of the Iraqi Dinar ...monetary reform is ready to go. One of the final tuning is REER. They are establishing the Real Effective Exchange Rate of the Iraqi dinar and the reason for it is to counter fractional banking inside their country...
4-29-2020 Newshound/Intel Guru Mnt Goat ...There is still very strong talk (outside of the mainstream news media) that Allawi may still fill the prime minister position as he is the best candidate and fully supported by Mutada Al-Sadr. Remember Sadr won the 2018 election and it’s the reform party that gets to pick the new prime minister not the Iraqi Shiite political blocs. We will see what happens in the last days of Al-Kazemi 30 days period. Yes, this will go down to the wire again and not be decided prior to the final days...
4-29-2020 Intel Guru RayRen98 Al-Kazemi stated on Iraqi TV he will not be pressured and will do what's best for Iraq first. The Kurds and Sunnis have come to an agreement in cabinet selections while the Shiities are still blocking it. Al-Kazemi has until May 8, 2020, to get accepted, if not, the government will be dissolved and await September before all are newly elected.
4-29-2020 Intel Guru Bruce [via WiserNow] ...we had heard – about a week ago that we had sort of a deadline or back wall – it appears that we have had a deadline in place for us to get started...we believe that deadline is Thursday – the last day of the month the 30th of April...It should not go beyond Thursday – Of course we know in this anything is possible – we already know that - but we also know they do want to get this thing started and we believe they want to get it started by or on Thursday April 30th... [post 1 of 2....stay tuned]
4-29-2020 Intel Guru MarkZ [via PDK] From my contacts...Zurich is still sitting on “wait”. Iraq is also sitting on “wait” they did not have a new rate this morning.
4-29-2020 Intel Guru Footforward they can vote on their government in December for all we care...We don't hear the CBI ever talk about needing a government to increase the rate...I'm absolutely certain about that one. They have a financial committee that runs the finances with or without a seated government. It's how everyone gets paid right now without a seated government.
4-29-2020 Newshound Guru Pimpy ... We know that over in Iraq...what we're waiting for is Al-Kazami whether he's going to get in there as Prime Minister and he's going to have his cabinet or government and they're gonna get voted in...we also know that in June the UN, IMF and the United States are going to be in Iraq...the article said it wasn't just about military bases...Do you think the United States would just pull out after everything that happened. Like Trump said do you think we will just leave and leave the bases there without getting paid? Looks like Trump is pulling out. This is what they [Iraq] wanted. Did they come up with some type of agreement? Hmmm I wonder. It makes you wonder. Do they have some kind of understanding? Does Trump know something we don't know? Is the rate change finally getting ready to happen?
4-29-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...they are giving them until the 26th of May. A credible government will be formed by May 26th and it's to allow them the time for the formation of a credible government...
4-29-2020 Intel Guru Delta ...[The CEO of the Iraqi Stock Exchange was asked] 'How come the Iraqi Stock Exchange is not going international?' He said very simple, because of foreign currency. Because the Iraqi dinar basically is not international. It's not tradable. It's not recognizable. Which is more confirmation to us...
4-29-2020 Intel Guru Frank26 ...REER - Real Effective Exchange Rate of the Iraqi Dinar ...monetary reform is ready to go. One of the final tuning is REER. They are establishing the Real Effective Exchange Rate of the Iraqi dinar and the reason for it is to counter fractional banking inside their country...
4-29-2020 Newshound/Intel Guru Mnt Goat ...There is still very strong talk (outside of the mainstream news media) that Allawi may still fill the prime minister position as he is the best candidate and fully supported by Mutada Al-Sadr. Remember Sadr won the 2018 election and it’s the reform party that gets to pick the new prime minister not the Iraqi Shiite political blocs. We will see what happens in the last days of Al-Kazemi 30 days period. Yes, this will go down to the wire again and not be decided prior to the final days...
4-29-2020 Intel Guru RayRen98 Al-Kazemi stated on Iraqi TV he will not be pressured and will do what's best for Iraq first. The Kurds and Sunnis have come to an agreement in cabinet selections while the Shiities are still blocking it. Al-Kazemi has until May 8, 2020, to get accepted, if not, the government will be dissolved and await September before all are newly elected.
4-28-2020 *** Dinar Guru News Update *** The CBI made the first market rate update since March 17th Yesterday. They updated three days in April...the 21st, 22nd, 23rd. All three rate appear to be out of compliance with the IMF 2% rule. April 23rd market rate is 1225. Also, they changed the format of the numbers reported by dropping the three numbers to the right of the decimal point. This is not the first time the dinar has been out of compliance over the last couple year. In the past it's been out for a couple day and then returned to be well withing compliance for the monthly average. Will the CBI be able to do the same thing this time? Stay tuned as the gurus chime in to answer these questions... The latest guru updates will continue below...
4-28-2020 Intel Guru Footforward I see the dinar and dong revaluing, with small adjustments to a few other currencies...There is a chance the dong goes first. ...This isn't going to be a global currency reset...
4-28-2020 Intel Guru MarkZ [What countries are we expecting to RV…Iraq and ?] A Number of them are expected too…the ones we are watching closely are Vietnam and Iraq…
4-28-2020 Newshound Guru Adam Montana [Question: If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?] That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want. [We will keep you posted if the CBI changes time-frame rules to 30 to 60 days for exchange - so stay tuned in.]
4-28-2020 Newshound Guru Pimpy ...we know the UN, the IMF and the State Department, Mike Pompeo, anyways are going to be meeting in Iraq in June. We know this is gonna happen. I know you guys are hoping just like I do that they go ahead and remove the restriction off the currency and allow them to trade on the Forex. Let's cross our fingers and hope that happens. If they do then...look forward to a lot of speculators to jump all over that currency. There are people who want to invest in a currency but are concerned because the currency is not recognized internationally. So you can only imagine what that's gonna do to the currency once it is floating and you can invest in it. It's gonna drive that sucker up. That just my opinion...
4-28-2020 Intel Guru Footforward ...the lack of a government is not holding up the RV what so ever...the two are not directly connected. Iran's influence has dwindled significantly. That matters more then then having a seated government. They have had a seated government numerous times recently. It hasn't produced an RV. ...we are not waiting on a seated government for an RV to happen. If the RV happens with no seated government, they have a financial committee to run things.
4-28-2020 Intel Guru MarkZ Not a lot of news…pretty much a nothing burger on the revaluation front. There are a lot of people back in place which is a good thing...the banking side is still expecting to see it between today and Thursday. My Iraq sources are still looking squarely at Wednesday. Hopefully we will see something.
4-28-2020 Intel Guru Delta ...A question was asked to the head of ISX why they did not go international. He said because of the currency issue...BOOM.
4-28-2020 Newshound Guru Pimpy ...the stock market is officially open... don't put all your eggs in one basket. Just because one person says this is the date...it would have been nice. I was kind of hoping for it...but I still absolutely positively feel 100% that this is gonna happen and it's gonna happen soon...So yeah the stock market has been open. We also know in addition to that the auctions are still happening...I know it's gonna happen soon. It's gonna happen this year I really believe that. There's no reason for it not to.
4-28-2020 Newshound Guru Adam Montana [Question: ...it would seem that Iraq is between a rock and a hard place. Oil down and Iraq once again has it hand out to the IMF and WB. This time the IMF and WB are pushing back...] YES! And they were told they would get no more than 2 billion dollars... that is nothing. We aren't the only ones who know that Iraq has the potential to solve their own problems. Time to GET IT DONE!
4-28-2020 Intel Guru MarkZ [What countries are we expecting to RV…Iraq and ?] A Number of them are expected too…the ones we are watching closely are Vietnam and Iraq…
4-28-2020 Newshound Guru Adam Montana [Question: If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?] That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want. [We will keep you posted if the CBI changes time-frame rules to 30 to 60 days for exchange - so stay tuned in.]
4-28-2020 Newshound Guru Pimpy ...we know the UN, the IMF and the State Department, Mike Pompeo, anyways are going to be meeting in Iraq in June. We know this is gonna happen. I know you guys are hoping just like I do that they go ahead and remove the restriction off the currency and allow them to trade on the Forex. Let's cross our fingers and hope that happens. If they do then...look forward to a lot of speculators to jump all over that currency. There are people who want to invest in a currency but are concerned because the currency is not recognized internationally. So you can only imagine what that's gonna do to the currency once it is floating and you can invest in it. It's gonna drive that sucker up. That just my opinion...
4-28-2020 Intel Guru Footforward ...the lack of a government is not holding up the RV what so ever...the two are not directly connected. Iran's influence has dwindled significantly. That matters more then then having a seated government. They have had a seated government numerous times recently. It hasn't produced an RV. ...we are not waiting on a seated government for an RV to happen. If the RV happens with no seated government, they have a financial committee to run things.
4-28-2020 Intel Guru MarkZ Not a lot of news…pretty much a nothing burger on the revaluation front. There are a lot of people back in place which is a good thing...the banking side is still expecting to see it between today and Thursday. My Iraq sources are still looking squarely at Wednesday. Hopefully we will see something.
4-28-2020 Intel Guru Delta ...A question was asked to the head of ISX why they did not go international. He said because of the currency issue...BOOM.
4-28-2020 Newshound Guru Pimpy ...the stock market is officially open... don't put all your eggs in one basket. Just because one person says this is the date...it would have been nice. I was kind of hoping for it...but I still absolutely positively feel 100% that this is gonna happen and it's gonna happen soon...So yeah the stock market has been open. We also know in addition to that the auctions are still happening...I know it's gonna happen soon. It's gonna happen this year I really believe that. There's no reason for it not to.
4-28-2020 Newshound Guru Adam Montana [Question: ...it would seem that Iraq is between a rock and a hard place. Oil down and Iraq once again has it hand out to the IMF and WB. This time the IMF and WB are pushing back...] YES! And they were told they would get no more than 2 billion dollars... that is nothing. We aren't the only ones who know that Iraq has the potential to solve their own problems. Time to GET IT DONE!
4-27-2020 Newshound Guru Adam Montana [Question: ...Couldn't Iraq increase the currency/value as a nation by completing an RV despite the plummeting oil prices which accounts for most of the value?...] In a word: YES. The price per barrel of oil is a temporary situation. Iraq holding one of the largest physical stores of oil is not temporary. They are already talking about setting their budget on an amount much higher than current market. This situation with the price of oil will be remembered, but it will not last.
4-27-2020 Intel Guru Frank26 ...The Chief Executive Office of the Iraqi Stock Exchange prepared the ISX to receive a new rate...it's ready to receive the rate...not only is the Iraqi Stock Exchange going to receive the rate from the CBI...but it'll be so powerful it'll go beyond the Iraqi Stock exchange...the International world knows and is well prepared...
4-27-2020 Newshound Guru Adam Montana [Question: In the past you have been pretty certain there would be no RV during Ramadan. Still feel that way?] I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open...THIS IS A CRAZY TIME! In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
4-27-2020 Intel Guru Delta ...it's not a holiday. Just to clear this up...Ramadan...it's not a holiday, it's business as usual. Yes the Central bank they can do a lot of things during Ramadan...They may reduce hours because it's hot and they have to fast etc. but it's not a holiday. It's business as usual...
4-27-2020 Intel Guru MarkZ [via PDK] Many contacts are excited…Reno contacts are...looking for a window of Tues- Thurs. My Iraqi contacts are looking for it on Wednesday….really hope they are correct. There is very exciting rumors all around the banking world today for sure.
4-27-2020 Newshound Guru Kaperoni As predicted, no change in the dinar.
4-27-2020 Newshound Guru MilitiaMan [...it appears the ISX opened at 442 and closed at 430.47 at a loss of 3.24%...No change in Index...] Though, the CBI still shows this and the ISX doesn't trade nor trump the CBI... So it is not behind us just yet..In fact, there is more support that the CBI is following through with their process irregard to the ISX trading today as normal. The CBI will neeed to change the rate to the IQD first. imo.
4-27-2020 Newshound Guru Kaperoni Iraq minted coins way back in 2004 in fact a few of them were released and ended up being play toys because of their lack of value. If and when the dinar ever gets to a value that is more appropriate they will release coins and lower denominations.
4-27-2020 Intel Guru Frank26 ...The Chief Executive Office of the Iraqi Stock Exchange prepared the ISX to receive a new rate...it's ready to receive the rate...not only is the Iraqi Stock Exchange going to receive the rate from the CBI...but it'll be so powerful it'll go beyond the Iraqi Stock exchange...the International world knows and is well prepared...
4-27-2020 Newshound Guru Adam Montana [Question: In the past you have been pretty certain there would be no RV during Ramadan. Still feel that way?] I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open...THIS IS A CRAZY TIME! In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
4-27-2020 Intel Guru Delta ...it's not a holiday. Just to clear this up...Ramadan...it's not a holiday, it's business as usual. Yes the Central bank they can do a lot of things during Ramadan...They may reduce hours because it's hot and they have to fast etc. but it's not a holiday. It's business as usual...
4-27-2020 Intel Guru MarkZ [via PDK] Many contacts are excited…Reno contacts are...looking for a window of Tues- Thurs. My Iraqi contacts are looking for it on Wednesday….really hope they are correct. There is very exciting rumors all around the banking world today for sure.
4-27-2020 Newshound Guru Kaperoni As predicted, no change in the dinar.
4-27-2020 Newshound Guru MilitiaMan [...it appears the ISX opened at 442 and closed at 430.47 at a loss of 3.24%...No change in Index...] Though, the CBI still shows this and the ISX doesn't trade nor trump the CBI... So it is not behind us just yet..In fact, there is more support that the CBI is following through with their process irregard to the ISX trading today as normal. The CBI will neeed to change the rate to the IQD first. imo.
4-27-2020 Newshound Guru Kaperoni Iraq minted coins way back in 2004 in fact a few of them were released and ended up being play toys because of their lack of value. If and when the dinar ever gets to a value that is more appropriate they will release coins and lower denominations.
4-26-2020 Intel Guru Okie_Oil_Man GOOD AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...TODAY THE 26TH OF APRIL WILL BE A SUNDAY TO REMEMBER AND CIRCLE ON YOUR CALENDAR. THE REASONS BEING--IT LOOKS LIKE THE FINAL WEEKEND OF THIS WORRYSOME JOURNEY. FROM THE INFORMATION I RECEIVED ... — THE START IN DIFFERENT COUNTRIES OF THE REDEMPTION AND EXCHANGE OPPORTUNITY WE HAVE ALL WAITED FOR. FROM PUBLISHED ARTICLES REGARDING THE I M F AND THE IRAQ SITUATION IN CONJUNCTION WITH THE NEWS OF THE ELDERS AND OTHER OFFICIALS FACILITATING THIS EVENT, THEY ARE ALL STATING THE SAME THING FOR A CHANGE. IT IS SPECULATED THAT THIS ALL--ALL--ALL MUST BE COMPLETED PREVIOUS TO 5-1-2020. MEANING—THEY HAVE TO GET STARTED THIS WEEK SOMETIME. THEY ARE SAYING TUES-WED-THUR—SEEMS OPTIMUM AND MANDATED TIME.
4-26-2020 Intel Guru RayRen98 (from our Iraqi citizen) Saturday - Parliamentary experts on morning Iraqi TV saying due to obstacles, they expect Al-Kazimi to step down very soon. Basically, they are saying it is Iran's way or "no way." The next 48 hours will be crucial. Sunday - Al-Kazimi says to Shiites that he is not apologizing and will present his cabinet in 24 hours to parliament for a vote. Hundreds of militias of the Iran-backing have set up camp outside of Parliament...this is going be interesting.
4-26-2020 Newshound Guru Breitling ...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government. No, it's not. It has to do with the oil prices going down. The IMF is going how are you gonna pay this back? They need to add value to their currency. Very very good news for us...
4-26-2020 Newshound Guru MilitiaMan The ISX site is down and my understanding it has been down for a significant amount of time today on and off and even before they started/if they started trading...
4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
4-26-2020 Newshound Guru Breitling ...they're not in the position where they're doomed or anything like that. If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective. That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI. That's very very good news for us. But the question is, 'Is this a one shot opportunity?' No, it's not a one shot opportunity. There are a couple moves they can make. Are they desperate and need to add value now? Absolutely. But let's say they don't...It's so undervalued there are a couple things they can do. What I mean by a couple things they can do is - what rate they come out at and what time frame they can get to $1.17...
4-26-2020 Intel Guru RayRen98 (from our Iraqi citizen) Saturday - Parliamentary experts on morning Iraqi TV saying due to obstacles, they expect Al-Kazimi to step down very soon. Basically, they are saying it is Iran's way or "no way." The next 48 hours will be crucial. Sunday - Al-Kazimi says to Shiites that he is not apologizing and will present his cabinet in 24 hours to parliament for a vote. Hundreds of militias of the Iran-backing have set up camp outside of Parliament...this is going be interesting.
4-26-2020 Newshound Guru Breitling ...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government. No, it's not. It has to do with the oil prices going down. The IMF is going how are you gonna pay this back? They need to add value to their currency. Very very good news for us...
4-26-2020 Newshound Guru MilitiaMan The ISX site is down and my understanding it has been down for a significant amount of time today on and off and even before they started/if they started trading...
4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
4-26-2020 Newshound Guru Breitling ...they're not in the position where they're doomed or anything like that. If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective. That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI. That's very very good news for us. But the question is, 'Is this a one shot opportunity?' No, it's not a one shot opportunity. There are a couple moves they can make. Are they desperate and need to add value now? Absolutely. But let's say they don't...It's so undervalued there are a couple things they can do. What I mean by a couple things they can do is - what rate they come out at and what time frame they can get to $1.17...
4-25-2020 Newshound Guru Kaperoni The CBI like all central banks are the official source for the exchange rate. There is no change and I don't expect one. It is utterly ridiculous to think the CBI could raise the value that high [1 to 1] with 42 + trillion in circulation. [You can always see the latest official CBI rate of the dinar on the left side of this page.]
4-25-2020 Newshound Guru Pimpy ...It's almost time. As a matter of fact how far are we away? 23 hours 12 minutes and a few sections away from the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. That's right. It's closed now but by this time tomorrow it will be open and we will see if the rate change did indeed happen...
4-25-2020 Newshound Guru MilitiaMan [It will be interesting to see when/if they open Sunday if the comma was to be a comma or a period...] ...Personally, I don't think it was a mistake. I think they were ready to RI, but, then realized they were not ready just yet, hence the adjustment back to normal...
4-25-2020 Newshound Guru Breitling ...the CBI has one goal and one goal only - that's to manage the currency...they fully confirmed they want to get it [the dinar] to a buck-17 ($1.17)...I got nothing but great news. These guys are still talking about it more than ever. They need to get the dinar up to about $1.17. Don't know what the entry level is. They actually want to add value to it and then float it up. Whatever value they start at - 20 cents, 30 cents 40 cents doesn't matter. Then they'll float it up...
4-25-2020 Intel Guru Bruce [via WiserNow] ...It’s hard to get a rate on the dong but it will be trailing the dinar but not by a whole lot – it won’t be on par but I think it will be within $.50 and $1.00 of the dinar – that will be great...
4-25-2020 Newshound Guru chattels Article quote: "...Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition." Mustafa al-Kadhimi's proposed cabinet list has been rejected...
4-25-2020 Newshound Guru Pimpy ...if the rate change happened in February and we're now at the end of April don't you think we'd heard about it? And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of a rate change, dude, don't you think people around the world would be buying every dinar on the market? Because this would be telling them ahead of time. Somebody's head would roll. People would be going to jail. This kind of boo-boo would not be made. The number is consistent with these other numbers [484.79] except for it by accident somebody put a comma [462,830] here instead of a period. That's all that is...
4-25-2020 Newshound Guru Pimpy ...It's almost time. As a matter of fact how far are we away? 23 hours 12 minutes and a few sections away from the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. That's right. It's closed now but by this time tomorrow it will be open and we will see if the rate change did indeed happen...
4-25-2020 Newshound Guru MilitiaMan [It will be interesting to see when/if they open Sunday if the comma was to be a comma or a period...] ...Personally, I don't think it was a mistake. I think they were ready to RI, but, then realized they were not ready just yet, hence the adjustment back to normal...
4-25-2020 Newshound Guru Breitling ...the CBI has one goal and one goal only - that's to manage the currency...they fully confirmed they want to get it [the dinar] to a buck-17 ($1.17)...I got nothing but great news. These guys are still talking about it more than ever. They need to get the dinar up to about $1.17. Don't know what the entry level is. They actually want to add value to it and then float it up. Whatever value they start at - 20 cents, 30 cents 40 cents doesn't matter. Then they'll float it up...
4-25-2020 Intel Guru Bruce [via WiserNow] ...It’s hard to get a rate on the dong but it will be trailing the dinar but not by a whole lot – it won’t be on par but I think it will be within $.50 and $1.00 of the dinar – that will be great...
4-25-2020 Newshound Guru chattels Article quote: "...Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition." Mustafa al-Kadhimi's proposed cabinet list has been rejected...
4-25-2020 Newshound Guru Pimpy ...if the rate change happened in February and we're now at the end of April don't you think we'd heard about it? And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of a rate change, dude, don't you think people around the world would be buying every dinar on the market? Because this would be telling them ahead of time. Somebody's head would roll. People would be going to jail. This kind of boo-boo would not be made. The number is consistent with these other numbers [484.79] except for it by accident somebody put a comma [462,830] here instead of a period. That's all that is...
4-24-2020 Intel Guru Bruce [via WiserNow] I think we’re in a really good place...remember that we said Iraq reinstated the Dinar last Saturday – now – they also revalued the Dinar...Wednesday - so the re-evaluation of the Iraqi dinar became official yesterday – with a “new rate”...they’ve had it on the website – cbi.q I think and what happened was – they were kinda getting hits on it but...they did not want it to get hacked...so they took it down themselves...They really don’t want it to be seen by the world yet because Sunday is when Iraq’s first day of business begins in the middle east – it’s like our Monday - they will open the ISX stock exchange also and the IQD rate will be visible and tradeable through the ISX – starting Sunday - We will actually have the new Dinar rate on our bank websites on Monday morning...I am about as excited as I can be and thrilled because I know what’s going on is real and confirmed and I know that we are that close...
4-24-2020 Newshound/Intel Guru Mnt Goat ...surely with all the oil revenues, CBI reserves and what economy they do have, the currency is worthy of a higher value even now. No one can argue this point. But they can not raise the value until they also can conduct the project to delete the zeros, reinstate the currency and get out of monetary sanctions on the dinar. ...As investors we must realize that these events must be coordinated and work simultaneously to get us to the banks to exchange our dinar. This is the bottom line for us.
4-24-2020 Newshound Guru Adam Montana Article: "The Iraqi Stock Exchange announces the resumption of trading next Sunday 22nd April, 2020" ... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train! ...This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging...
4-24-2020 Newshound Guru Kaperoni The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the kick in the butt they need.
4-24-2020 Newshound/Intel Guru Mnt Goat ...The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The price of oil surely does not do any good in this process and only adds to the crisis. ...So, now I want to add that all is not lost for us investors in the Iraqi dinar. Things may look very gloomy and certainly they are... But we know from the past too that if certain elements (namely oil revenues, economic independence and political stability) can be achieved this country can very quickly rebound and in a matter of short time turn all this around...
4-24-2020 Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...
4-24-2020 Intel Guru MarkZ [via PDK] Today’s news from Iraq sources …from my guys on the ground, I am being told that lower denominations hit early yesterday and that they are forbidding any purchases with the US dollar. Forcing them to exchange… This is exciting. As to what is an expected time I am hearing anytime from Sunday to Wednesday is what they are hoping for. We have been here before so we are going to cross our fingers and hope this is dead on. They are definitely positioning for it. I am trying to get them to send me digital pictures of them smuggled out...
4-24-2020 Newshound Guru Jeff ...the pricing index shows it's one-to-one right now on the background yet we haven't seen a rate change occur while it's at one-to-one. So the value is most likely going to be where Kuwait is at the second step. Probably greater than Kuwait.
4-24-2020 Intel Guru Footforward ...Z [Adnan Alzurfi] posted a very cryptic tweet..."The country is no longer stolen, they formed the government and comforted people." ...it kind of gives you the idea that Iraq is now free... and kind of gives you the idea that the government has been voted in although no one has confirmed that...
4-24-2020 Newshound Guru Adam Montana Article: "A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020" To me, that actually seems realistic. Achievable. And it's a number they can work with! An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well. Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table.
4-24-2020 Newshound/Intel Guru Mnt Goat ...surely with all the oil revenues, CBI reserves and what economy they do have, the currency is worthy of a higher value even now. No one can argue this point. But they can not raise the value until they also can conduct the project to delete the zeros, reinstate the currency and get out of monetary sanctions on the dinar. ...As investors we must realize that these events must be coordinated and work simultaneously to get us to the banks to exchange our dinar. This is the bottom line for us.
4-24-2020 Newshound Guru Adam Montana Article: "The Iraqi Stock Exchange announces the resumption of trading next Sunday 22nd April, 2020" ... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train! ...This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging...
4-24-2020 Newshound Guru Kaperoni The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the kick in the butt they need.
4-24-2020 Newshound/Intel Guru Mnt Goat ...The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The price of oil surely does not do any good in this process and only adds to the crisis. ...So, now I want to add that all is not lost for us investors in the Iraqi dinar. Things may look very gloomy and certainly they are... But we know from the past too that if certain elements (namely oil revenues, economic independence and political stability) can be achieved this country can very quickly rebound and in a matter of short time turn all this around...
4-24-2020 Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...
4-24-2020 Intel Guru MarkZ [via PDK] Today’s news from Iraq sources …from my guys on the ground, I am being told that lower denominations hit early yesterday and that they are forbidding any purchases with the US dollar. Forcing them to exchange… This is exciting. As to what is an expected time I am hearing anytime from Sunday to Wednesday is what they are hoping for. We have been here before so we are going to cross our fingers and hope this is dead on. They are definitely positioning for it. I am trying to get them to send me digital pictures of them smuggled out...
4-24-2020 Newshound Guru Jeff ...the pricing index shows it's one-to-one right now on the background yet we haven't seen a rate change occur while it's at one-to-one. So the value is most likely going to be where Kuwait is at the second step. Probably greater than Kuwait.
4-24-2020 Intel Guru Footforward ...Z [Adnan Alzurfi] posted a very cryptic tweet..."The country is no longer stolen, they formed the government and comforted people." ...it kind of gives you the idea that Iraq is now free... and kind of gives you the idea that the government has been voted in although no one has confirmed that...
4-24-2020 Newshound Guru Adam Montana Article: "A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020" To me, that actually seems realistic. Achievable. And it's a number they can work with! An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well. Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table.
4-23-2020 Intel Guru MarkZ [via PDK] [I read on Dinar Guru that you changed your opinion on a possible time frame from mid May to an earlier date…why was that?] ...Because of the crash of the oil markets. So I am saying it could be earlier now...when the oil market imploded the Petro dollar is supported by transactions in oil. Now there are no transactions in oil so no money velocity for the US dollar. This means the US dollar is very precarious and could fail at any moment. What it does if they are not prepared to pull the trigger immediately or has already pulled we could see anarchy. We could see the fall of America. It could cease to exist. If they don’t get it done before the crash happens it could be like when the Soviet Union collapsed and became just Russia and all the Baltic states became their own countries again. So because of the oil crash they are trying to get it out sooner now and avoid all that.
4-23-2020 Newshound Guru Adam Montana OIL rocked our world over the last 7 days...there was an unprecedented...situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER. I even posted in a recent update that "oil will never be free", and the markets proved me wrong...because for a short window, negative prices means OIL was even better than free! :lol: Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong. ...Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan". I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation. The most unique, ever, in the history of the world, in fact. We are witnessing a financial shakeup never before seen, and barely even imagined. What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion...maybe something will get done during Ramadan!
4-23-2020 Newshound Guru Jeff Adnan Al-Zurfi just Tweeted on April 21st "The country is no longer stolen, they formed the government and comforted the people." ...99% of the media is all frickin lies. You want proof? Here you go. This guy was the former Prime Minister designate before the current one and he's telling you it's done and complete.
4-23-2020 Intel Guru Frank26 I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag... [Post 2 of 2]
4-23-2020 Intel Guru Frank26 ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for? ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.' Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading. They could have done the same thing on the beginning of the month. They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about. [Post 1 of 2....stay tuned]]
4-23-2020 Intel Guru MarkZ [via PDK] I was told that some dates are being “leaked” to create smoke and that the exact date has not been decided on yet because of the logistic issues…But they are trying to speed up the roll out.
I am also being told they believe they have the oil market stabilized for now which gives them a few more days to work on those logistics. I also have some sources saying it’s this morning, it’s tonight, it’s tomorrow…but I don’t think those logistics have been worked out yet. So we keep watching for solid news. We know we are closer day by day but we can’t count on it until money is in our bank accounts...we just have to wait it out guys. It’s always been a “when” not an “if”...
4-23-2020 Newshound Guru Pimpy Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday", "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."
4-23-2020 Newshound Guru Jeff ...IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed...and then about a week and a half ago I told you my opinion that they would resume the ISX and turn it on around Sunday April 26th. We got that confirmed...in the news just a few days later. They told us factually that yes they're going to reinstate the ISX on Sunday the 26th. They're basically telling us that because they shut the ISX down due to an impending rate change they kind of confirmed that they cannot reinstate the ISX until the rate has changed.
4-23-20 Newshound Guru Kaperoni ...there are no exchange centers, 800#s or cash in places...If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) or some ECN (An ECN broker is a Forex financial expert who uses such a network to provide its clients direct access to other participants in the market) and manage it like any other foreign currency... [check with your financial advisor at the appropriate time.]
4-23-2020 Newshound Guru Adam Montana OIL rocked our world over the last 7 days...there was an unprecedented...situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER. I even posted in a recent update that "oil will never be free", and the markets proved me wrong...because for a short window, negative prices means OIL was even better than free! :lol: Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong. ...Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan". I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation. The most unique, ever, in the history of the world, in fact. We are witnessing a financial shakeup never before seen, and barely even imagined. What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion...maybe something will get done during Ramadan!
4-23-2020 Newshound Guru Jeff Adnan Al-Zurfi just Tweeted on April 21st "The country is no longer stolen, they formed the government and comforted the people." ...99% of the media is all frickin lies. You want proof? Here you go. This guy was the former Prime Minister designate before the current one and he's telling you it's done and complete.
4-23-2020 Intel Guru Frank26 I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag... [Post 2 of 2]
4-23-2020 Intel Guru Frank26 ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for? ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.' Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading. They could have done the same thing on the beginning of the month. They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about. [Post 1 of 2....stay tuned]]
4-23-2020 Intel Guru MarkZ [via PDK] I was told that some dates are being “leaked” to create smoke and that the exact date has not been decided on yet because of the logistic issues…But they are trying to speed up the roll out.
I am also being told they believe they have the oil market stabilized for now which gives them a few more days to work on those logistics. I also have some sources saying it’s this morning, it’s tonight, it’s tomorrow…but I don’t think those logistics have been worked out yet. So we keep watching for solid news. We know we are closer day by day but we can’t count on it until money is in our bank accounts...we just have to wait it out guys. It’s always been a “when” not an “if”...
4-23-2020 Newshound Guru Pimpy Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday", "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."
4-23-2020 Newshound Guru Jeff ...IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed...and then about a week and a half ago I told you my opinion that they would resume the ISX and turn it on around Sunday April 26th. We got that confirmed...in the news just a few days later. They told us factually that yes they're going to reinstate the ISX on Sunday the 26th. They're basically telling us that because they shut the ISX down due to an impending rate change they kind of confirmed that they cannot reinstate the ISX until the rate has changed.
4-23-20 Newshound Guru Kaperoni ...there are no exchange centers, 800#s or cash in places...If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) or some ECN (An ECN broker is a Forex financial expert who uses such a network to provide its clients direct access to other participants in the market) and manage it like any other foreign currency... [check with your financial advisor at the appropriate time.]
4-22-2020 *** Dinar Guru Update *** There's a lot of buzz about the History of the Central Bank of Iraq video below. Why did the CBI release this video? Who's the video for? U.S. investors? Iraqi citizens? Is the purpose to reassure investors that the CBI is a safe and reliable bank to deal with? Or is the purpose to reassure the citizens of Iraq that the CBI is strong and new notes are coming? The timing of release is very interesting. The production date at the end says 2019 so it's a new release..... Stay tuned as the gurus chime in on the significance of the video. the latest guru posts will continue below...
4-22-2020 Newshound Guru Adam Montana I won't pretend to know how long it will take to reach a conclusion, but I am positive it will... and at the end of it, those who control the oil will still have the leverage to be powerful, valuable, and rich. Despite COVID, despite ISIS, despite elections and tsunamis and fads that are here today and gone tomorrow... Iraq has, in it's physical possession, a majority of THE commodity that is never in our lifetime going to be "worthless". We are in a good spot, holding little pieces of that commodity in the form of their currency, when all of the imaginary "value" in the world is so uncertain. [post 2 of 2]
4-22-2020 Newshound Guru Adam Montana By now you've surely heard about the OIL markets... OIL, and the wealth it creates and sustains, will not be removed from our world anytime soon. OIL will remain part of our lives. Therefore, Iraq will not slide into oblivion...nor will it's bank accounts. I'm not worried about the dinar - we know it's going to increase in value, even though we don't know what will happen between now and then, and we don't know if "then" is tomorrow or June or next year. We are in the middle of a massive shakeup. [post 1 of 2....stay tuned]
4-22-2020 Intel Guru Bruce [via WiserNow] I’m going to say this – Can I tell exactly when this is going to go? NO – Do they want us to know when this is going to happen? NO they don’t – even though we’re hearing Tuesday – Wednesday - Thursday – we can write off Tuesday...tomorrow [Wednesday]? It’s in play - Thursday? It’s in play – I think Friday is even in play – so let’s keep that in mind. ...we know we’re getting closer and closer everyday with everything that’s happening – and now that oil has crashed – that’s one more thing that needed to happen...we are still in that window of possibility... I think we’re going to have good news soon...
4-22-2020 Newshound Guru Adam Montana Article: "The Worst Is Yet To Come For Oil Prices" Quote: “This inflection will play out in a matter of weeks, not months, with the market likely forced to balance before June,” Goldman analysts warned. In other words, the U.S. oil industry could lose several million barrels per day in the next few weeks in what Goldman analysts called a “violent rebalancing.” And just like that - we live in a new world. This might be THE strongest case I've ever seen for a GCR. I'm still not a proponent of a full GCR, but the evidence and situation details just keep piling on... this is wild.
4-22-2020 Intel Guru MarkZ [via PDK] I am...told they are having a difficult time coming to grips and setting a firm, in concrete schedule...because of different restrictions in each state and getting the different Governors to agree...giving permission to travel and take care of (exchange)... I am told this is a nightmare they are working through...They are working at a feverish rate to make a compromise to make each governor in each state happy. My best guess, gut feeling is we will see more around Friday and they will have a pretty solid schedule worked out.
4-22-2020 Intel Guru Delta ...the CBI is acting very strange...and then April the 13th they did basically update the Index of the Iraqi Stock Exchange. They shut down on March 16th their Index was 442.6. The Central Bank of Iraq looks like when they updated that they added about a thousand, forty seven points. Now they are, if I'm not mistaken, close to 462,380. So when you do the math it looks like they did delete the zeros and based on that chart [CBI's ISX Price Index] IMO I might be wrong...it went up a thousand times...it looks like the one-to-one ratio is done...
4-22-2020 Newshound Guru Kaperoni ...I do believe the dinar will appreciate in value, unfortunately I cannot predict when Iraq will get their act together create the conditions for a successful market economy and private sector. Which I believe is necessary. So we wait.
4-22-2020 Newshound Guru Kaperoni How many of you have seen the video that came out 10 days ago that talks about the history of the dinar? ... I believe the videos real intention is just to build confidence in the banking system. Nothing more. [You can see the CBI video for yourself above.]
4-22-2020 Newshound Guru Adam Montana By now you've surely heard about the OIL markets... OIL, and the wealth it creates and sustains, will not be removed from our world anytime soon. OIL will remain part of our lives. Therefore, Iraq will not slide into oblivion...nor will it's bank accounts. I'm not worried about the dinar - we know it's going to increase in value, even though we don't know what will happen between now and then, and we don't know if "then" is tomorrow or June or next year. We are in the middle of a massive shakeup. [post 1 of 2....stay tuned]
4-22-2020 Intel Guru Bruce [via WiserNow] I’m going to say this – Can I tell exactly when this is going to go? NO – Do they want us to know when this is going to happen? NO they don’t – even though we’re hearing Tuesday – Wednesday - Thursday – we can write off Tuesday...tomorrow [Wednesday]? It’s in play - Thursday? It’s in play – I think Friday is even in play – so let’s keep that in mind. ...we know we’re getting closer and closer everyday with everything that’s happening – and now that oil has crashed – that’s one more thing that needed to happen...we are still in that window of possibility... I think we’re going to have good news soon...
4-22-2020 Newshound Guru Adam Montana Article: "The Worst Is Yet To Come For Oil Prices" Quote: “This inflection will play out in a matter of weeks, not months, with the market likely forced to balance before June,” Goldman analysts warned. In other words, the U.S. oil industry could lose several million barrels per day in the next few weeks in what Goldman analysts called a “violent rebalancing.” And just like that - we live in a new world. This might be THE strongest case I've ever seen for a GCR. I'm still not a proponent of a full GCR, but the evidence and situation details just keep piling on... this is wild.
4-22-2020 Intel Guru MarkZ [via PDK] I am...told they are having a difficult time coming to grips and setting a firm, in concrete schedule...because of different restrictions in each state and getting the different Governors to agree...giving permission to travel and take care of (exchange)... I am told this is a nightmare they are working through...They are working at a feverish rate to make a compromise to make each governor in each state happy. My best guess, gut feeling is we will see more around Friday and they will have a pretty solid schedule worked out.
4-22-2020 Intel Guru Delta ...the CBI is acting very strange...and then April the 13th they did basically update the Index of the Iraqi Stock Exchange. They shut down on March 16th their Index was 442.6. The Central Bank of Iraq looks like when they updated that they added about a thousand, forty seven points. Now they are, if I'm not mistaken, close to 462,380. So when you do the math it looks like they did delete the zeros and based on that chart [CBI's ISX Price Index] IMO I might be wrong...it went up a thousand times...it looks like the one-to-one ratio is done...
4-22-2020 Newshound Guru Kaperoni ...I do believe the dinar will appreciate in value, unfortunately I cannot predict when Iraq will get their act together create the conditions for a successful market economy and private sector. Which I believe is necessary. So we wait.
4-22-2020 Newshound Guru Kaperoni How many of you have seen the video that came out 10 days ago that talks about the history of the dinar? ... I believe the videos real intention is just to build confidence in the banking system. Nothing more. [You can see the CBI video for yourself above.]
4-21-2020 Intel Guru MarkZ [Will the oil implosion lower the value of the dinar?] the revaluation of the dinar has been scheduled about over a 100 year period. Meaning the pay back with oil credits will be over a long time. Oil prices will not stay that depressed for that long. If anything it should increase the value of the dinar. Iraq has the lowest cost per barrel for getting it out of the ground.
4-21-2020 Newshound Guru Pimpy ...I'm here to keep everyone grounded...this is interesting here [General Price Index]...this does absolutely look exciting. Do you think I wouldn't be excited if this is accurate? Of course it would be excited because it looks like the value has increased one thousand fold. And, yes, I do see the comma [462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later? ...this was done in February. What month are we in? April. We know for a fact that march they suspended and stopped the action on the ISX...March is done...do you think somebody's going to let that type of cat out of the bag? Do you really think that this is legitimate? Could be. But seems to me we would have heard a lot more about it...you would see mad amount of people, investors, fund managers, all kinds of people running just buying out the dinar...could this just be another glitch in the system that needs to be corrected? ...again I'm here to keep you guys as grounded as possible...let's hope this is accurate...I think that would put us around if I'm not mistaken about $1.13 - $1.34...I would love that because that would make me look like a freaking genius...[but] the Central Bank of Iraq has made boo-boos before...
4-21-2020 Newshound/Intel Guru RVAlready Iraq parliament put itself between its own extinction and bankruptcy via oil and civic. If they had finished the RV two months back, they would not be in this position. Their desire to hold everything up may cost them their job. I just cannot imagine Iraq going until November with no budget, no RV, and little oil income. I think they will be desperate for the RV at the earliest opportunity.
4-21-2020 Newshound Guru Jeff ...the decimal point has moved. Iraq has basically dropped the zeros off the exchange rate. That's why they're showing you that the value of these stocks [CBI's ISX Price Index} have jumped from being worth in the millions to the billions. They transitioned to kind of a one-to-one...I told you that Iraq had already started the rate change process as of March 17th. You're now in the 6th week and I told you that the exchange rate has only changed on the accounting books not in the public realm. None of this is public not even in country...This is more proof right here because the overall combined value of these companies' shares have transitioned from millions to billions and there's no way that these companies could have just done so magically...just because they do really good in the business world. That's just the most asinine logic I've ever heard...the movement of the price index is showing you that the companies jumped in combined share value from millions to billions because they deleted the zeros off that exchange rate...
4-21-2020 Intel Guru MarkZ Yesterday I told you I was looking for the reset in Mid-May. I may have to revise that estimate for sooner…There are a number of emergency meetings being called as we speak. I am expecting a lot of shaking of the trees today as they try to speed things up. Oil went negative yesterday. A 305% drop in the value of oil. It took a dive right out of the gate and futures were exploding. This happened much sooner than I thought it would…things are coming together quicker that I thought they would... Everybody right now is in scramble mode to figure out how to speed up the roll out of this. I am having to change my expected time as to when we could revalue now. Sooner than May 15th. Banking sources still say RV at anytime…..Government sources were saying by May 15th…..but after yesterday…all bets are off.
4-21-2020 Intel/Newshound Guru Frank26 ...the Iraqi Stock Exchange...it is a mechanism ...what they did IMO is they made an announcement that the index value of the Iraqi dinar had gone up about a thousand percent...they did something to do something. If it was 10% up - okay, you removed one zero. If it was 100% increase - okay, you removed two zeros. It was a 1000% increase - that's three zeros. In other words when they raised the value of the index of the currency of Iraq is now poised and set to be at one-to-one with the American dollar...I hope you understand there was a percentile increase in the index of the Iraqi dinar currency for its stocks that was officially announced to the international world...the Iraqi stock exchange has made a change...
4-21-2020 Newshound Guru Jeff ...from the ISX website they're clearly telling us they have full intentions of resuming the ISX as of Sunday April 26th...they shut down the financial markets around 3-17. No one can deny or argue that the rate change process started. It's blatantly obvious...why is this taking so long? Everybody just thinks it's a 'magical just change of a rate' and done...the reason this whole thing is taking six weeks is because they have multiple step that they have to complete to get the rate changed.
4-21-2020 Newshound/Intel Guru Mnt Goat We know there has been and still is an ongoing effort by the US to cut off Iran from Iraq. ...unless this happens we will see no RV (reinstatement). So now we see the militias backing down...and we read about the lack of agriculture imports from Iran as Iraq is now growing their own foods. Now we see the electricity cutoff too something we also have been reading about for years when GE and Semans had contracts to rebuild the power stations and get them back online. We...also see the enforcement of the new currency auction procedures which is hoped to prevent funds from going to Iran. This is all very good for us...
4-21-2020 Intel Guru Footforward Wow...Black monday? Referring to oil. [I'm no expert at all, but are we witnessing a flash crash?] I don't know for sure, but either way this puts pressure on Iraq.
4-21-2020 Newshound Guru Pimpy ...I'm here to keep everyone grounded...this is interesting here [General Price Index]...this does absolutely look exciting. Do you think I wouldn't be excited if this is accurate? Of course it would be excited because it looks like the value has increased one thousand fold. And, yes, I do see the comma [462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later? ...this was done in February. What month are we in? April. We know for a fact that march they suspended and stopped the action on the ISX...March is done...do you think somebody's going to let that type of cat out of the bag? Do you really think that this is legitimate? Could be. But seems to me we would have heard a lot more about it...you would see mad amount of people, investors, fund managers, all kinds of people running just buying out the dinar...could this just be another glitch in the system that needs to be corrected? ...again I'm here to keep you guys as grounded as possible...let's hope this is accurate...I think that would put us around if I'm not mistaken about $1.13 - $1.34...I would love that because that would make me look like a freaking genius...[but] the Central Bank of Iraq has made boo-boos before...
4-21-2020 Newshound/Intel Guru RVAlready Iraq parliament put itself between its own extinction and bankruptcy via oil and civic. If they had finished the RV two months back, they would not be in this position. Their desire to hold everything up may cost them their job. I just cannot imagine Iraq going until November with no budget, no RV, and little oil income. I think they will be desperate for the RV at the earliest opportunity.
4-21-2020 Newshound Guru Jeff ...the decimal point has moved. Iraq has basically dropped the zeros off the exchange rate. That's why they're showing you that the value of these stocks [CBI's ISX Price Index} have jumped from being worth in the millions to the billions. They transitioned to kind of a one-to-one...I told you that Iraq had already started the rate change process as of March 17th. You're now in the 6th week and I told you that the exchange rate has only changed on the accounting books not in the public realm. None of this is public not even in country...This is more proof right here because the overall combined value of these companies' shares have transitioned from millions to billions and there's no way that these companies could have just done so magically...just because they do really good in the business world. That's just the most asinine logic I've ever heard...the movement of the price index is showing you that the companies jumped in combined share value from millions to billions because they deleted the zeros off that exchange rate...
4-21-2020 Intel Guru MarkZ Yesterday I told you I was looking for the reset in Mid-May. I may have to revise that estimate for sooner…There are a number of emergency meetings being called as we speak. I am expecting a lot of shaking of the trees today as they try to speed things up. Oil went negative yesterday. A 305% drop in the value of oil. It took a dive right out of the gate and futures were exploding. This happened much sooner than I thought it would…things are coming together quicker that I thought they would... Everybody right now is in scramble mode to figure out how to speed up the roll out of this. I am having to change my expected time as to when we could revalue now. Sooner than May 15th. Banking sources still say RV at anytime…..Government sources were saying by May 15th…..but after yesterday…all bets are off.
4-21-2020 Intel/Newshound Guru Frank26 ...the Iraqi Stock Exchange...it is a mechanism ...what they did IMO is they made an announcement that the index value of the Iraqi dinar had gone up about a thousand percent...they did something to do something. If it was 10% up - okay, you removed one zero. If it was 100% increase - okay, you removed two zeros. It was a 1000% increase - that's three zeros. In other words when they raised the value of the index of the currency of Iraq is now poised and set to be at one-to-one with the American dollar...I hope you understand there was a percentile increase in the index of the Iraqi dinar currency for its stocks that was officially announced to the international world...the Iraqi stock exchange has made a change...
4-21-2020 Newshound Guru Jeff ...from the ISX website they're clearly telling us they have full intentions of resuming the ISX as of Sunday April 26th...they shut down the financial markets around 3-17. No one can deny or argue that the rate change process started. It's blatantly obvious...why is this taking so long? Everybody just thinks it's a 'magical just change of a rate' and done...the reason this whole thing is taking six weeks is because they have multiple step that they have to complete to get the rate changed.
4-21-2020 Newshound/Intel Guru Mnt Goat We know there has been and still is an ongoing effort by the US to cut off Iran from Iraq. ...unless this happens we will see no RV (reinstatement). So now we see the militias backing down...and we read about the lack of agriculture imports from Iran as Iraq is now growing their own foods. Now we see the electricity cutoff too something we also have been reading about for years when GE and Semans had contracts to rebuild the power stations and get them back online. We...also see the enforcement of the new currency auction procedures which is hoped to prevent funds from going to Iran. This is all very good for us...
4-21-2020 Intel Guru Footforward Wow...Black monday? Referring to oil. [I'm no expert at all, but are we witnessing a flash crash?] I don't know for sure, but either way this puts pressure on Iraq.
4-20-2020 Newshound Guru Pimpy ...General price index of the Iraq Stock Exchange - all you're looking at is the average weighted performances of all the stocks listed on the ISX for Iraq. That's all it is. For me as a stockholder I love it because the more it increases in value the more valuable my stocks are... [Reference Guru Jeff's 4-20-2019 post below]
4-20-2020 Intel/Newshound Guru Frank26 Question "Is the RI arriving or is it approaching?" It's arrived and it is with the CBI. It was brought to the CBI by the fab Four and IMO by the pressure from the United States of America that has just recently been put on about a little over a month ago now. And it awaits a fully seated government that can present this new currency - this new rate for their economic crisis...the only reason the reinstatement has arrived at the CBI is because of what Donald Trump did recently...
4-20-2020 Newshound/Intel Guru tman23 their coffers were low and now running dry...by law operating on a past budget since their parliament can’t seem to get a quorum and function...so now paychecks will be rationed or simply cut off...they are in dire straights...they have nowhere to turn to borrow...Wells have dried up...Pun intended... so in past they complained about the costs of printing new money...so either they got it printed and ready and if they don’t...rut roe...but I believe they have plans to release before June...second semester of financial year they can change...But never in the middle or middle of a quarter... if anyone recalls when Shabibi was talking first of the year they always put the delay date to June.
4-20-2020 Intel Guru MarkZ ...I am hearing that it will be mid-May now for the roll-out...Banking contacts, of course still insist its tomorrow….but government sources now say mid-May...only 3 weeks away...at this point I would tend to believe my government contacts over my banking contacts...but they have to keep the bankers keyed up and ready for when it is time. I understand the reason for the misinformation...
4-20-2020 Newshound Guru Jeff ...something significant has happened on the CBI website...what does it mean to 'delete the zeros'? ...it does not mean removing or withdrawing from circulation. It's referring to deleting the zeros in the exchange rate. .00084 is the value of the US dollar against the dinar...if we took the zeros off the exchange rate it would become .84 ...overall I call this a rate change process and it's taking roughly 5 weeks. Why would it take so long? This was a multi-step process...[CBI website: General Price Index of ISX] Iraq Stock Exchange...transitioned from millions to billions...this new change structure was posted as of 4-13 of 2020...based on the math the dinar is currently about 80 cents range...General index means it gauges a change in purchase power against the value of whatever currency it's reference...
4-20-2020 Newshound Guru BobTheTaxMan ...the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that's on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? ...We need that to happen. I'm hoping it does because it's gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let's hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at...
4-20-2020 Intel/Newshound Guru Frank26 Question "Is the RI arriving or is it approaching?" It's arrived and it is with the CBI. It was brought to the CBI by the fab Four and IMO by the pressure from the United States of America that has just recently been put on about a little over a month ago now. And it awaits a fully seated government that can present this new currency - this new rate for their economic crisis...the only reason the reinstatement has arrived at the CBI is because of what Donald Trump did recently...
4-20-2020 Newshound/Intel Guru tman23 their coffers were low and now running dry...by law operating on a past budget since their parliament can’t seem to get a quorum and function...so now paychecks will be rationed or simply cut off...they are in dire straights...they have nowhere to turn to borrow...Wells have dried up...Pun intended... so in past they complained about the costs of printing new money...so either they got it printed and ready and if they don’t...rut roe...but I believe they have plans to release before June...second semester of financial year they can change...But never in the middle or middle of a quarter... if anyone recalls when Shabibi was talking first of the year they always put the delay date to June.
4-20-2020 Intel Guru MarkZ ...I am hearing that it will be mid-May now for the roll-out...Banking contacts, of course still insist its tomorrow….but government sources now say mid-May...only 3 weeks away...at this point I would tend to believe my government contacts over my banking contacts...but they have to keep the bankers keyed up and ready for when it is time. I understand the reason for the misinformation...
4-20-2020 Newshound Guru Jeff ...something significant has happened on the CBI website...what does it mean to 'delete the zeros'? ...it does not mean removing or withdrawing from circulation. It's referring to deleting the zeros in the exchange rate. .00084 is the value of the US dollar against the dinar...if we took the zeros off the exchange rate it would become .84 ...overall I call this a rate change process and it's taking roughly 5 weeks. Why would it take so long? This was a multi-step process...[CBI website: General Price Index of ISX] Iraq Stock Exchange...transitioned from millions to billions...this new change structure was posted as of 4-13 of 2020...based on the math the dinar is currently about 80 cents range...General index means it gauges a change in purchase power against the value of whatever currency it's reference...
4-20-2020 Newshound Guru BobTheTaxMan ...the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that's on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? ...We need that to happen. I'm hoping it does because it's gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let's hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at...
4-19-2020 Intel/Newshound Guru tman23 we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value, which is common sense to why that is the standard...optimistic that a change is coming only because of current world economic conditions...my hesitation had always been the 3 zeros on the physical currency itself...and this statement from a CBI meeting in Dubai...2 years ago...the new currency must come first as a prelude to the lifting of the 3 zeroes from the currency ...that statement is embedded in my head. THE NEW CURRENCY MUST COME FIRST AS A PRELUDE TO LIFTING THE 3 ZEROS FROM THE CURRENCY...so certainly sounds like new currency first and then not accounting the 3 zeros at time of exchange...why my thought had always been...exchange period for a short timeframe with 3 zero notes...and those holding for bigger gains on a float...good luck...of course just my opinion as another scenario.
4-19-2020 Newshound Guru Pimpy ...oops there was an auction today and no this one doesn't have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...
4-19-2020 Intel Guru Frank26 Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?" Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.
4-19-2020 Intel/Newshound Guru tman23 [What is the import of such a new currency for dinarians? In your opinion.] No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086.
4-19-2020 Newshound Guru Pimpy ...oops there was an auction today and no this one doesn't have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...
4-19-2020 Intel Guru Frank26 Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?" Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.
4-19-2020 Intel/Newshound Guru tman23 [What is the import of such a new currency for dinarians? In your opinion.] No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086.
4-18-2020 Newshound Guru Pimpy I've really been paying attention to the Iraqi news. It's starting to look like our boy Al-Kazemi is actually going to get in there. As much as I want the parliament to be dissolved whatever benefits the Iraqi people is what matters the most...Kazami seems to be heading in the right direction. It looks like it's gonna happen and nobody seems to be opposing him at the moment. So it looks like we might have our government set. Our Prime Minister set come this next week in April. Tuesday I think they start the voting. We'll see from there...it looks like finally, finally Iraq is heading in the right direction...
4-18-2020 Intel Guru Footforward ...The auctions are stopped...the CBI...is going to be telling the citizens what is going on soon...You know I can't give you dates and really hate giving rates...but just looking at everything...I would really be surprised if it didn't happen before the end of April...I can also see why it could go into May, why it could go to June... With everything going on we maybe even looking at a higher rate because of the money that needs to be poured into economies...
4-18-2020 Newshound Guru Jeff So when the ISX goes back online the rate will have already changed...It's that easy. As of right now we do know that the ISX time period has only been extended through Saturday April 25th. Right there they're telling you that the ISX date for it to go back online and in service will be Sunday April 26th...by reinstating the ISX stock exchange on a Sunday that allows them to change and increase the exchange rate on a Sunday morning before the ISX goes back online at 10:00am Iraq time in the morning... There's only one Sunday left in the month of April after this weekend... The ISX has the handwriting all over it. [post 2 of 2]
4-18-2020 Newshound Guru Jeff ...Iraq showed you they had shut down their ISX in order to change and increase the exchange rate...This is real easy...if they have to shut down and stop the ISX to be able to change the rate that means that based on cause and effect they can't turn the ISX back on until the rate has changed. Right there they're telling you what you can look for to know exactly when the rate is gonna change. It's the ISX because they're telling you the ISX can not go back online until the rate has changed. [post 1 of 2....stay tuned]
4-18-2020 Newshound Guru Kaperoni The biggest event we may see in the next two weeks is possibly the vote and swearing in of the new Iraqi government. But time will tell if that even happens.
4-18-2020 Newshound Guru MilitiaMan Article: "Centralization and economic confrontation" Quote: "...Iraq’s problems lie In the economic solution and this solution is in the hands of the Central Bank of Iraq. Therefore, the Central must be granted freedom to implement its economic plans and procedures." They clearly state the solution is in the hands of the Central Bank! They must be granted freedom to implement its economic plans and procedures... One of the plans was to cease the Dollar Auctions and slow the private banks and money exchangers pick up the ball and run with it. The Central bank will be selling Dinar at an international level and they now have facilities in place from the IMF and the UST imo! So, it sure looks like the keys to the CBI maybe handed off to some to be determined in the near future after Alak raises the “secret” exchange rate before he heads over to the AMF top position. He won’t be handing off the keys at a program rate imo!! No way.. That is not the solution!
4-18-2020 Newshound Guru Pimpy I bank personally at Wells Fargo. I have spoken to my Wells Fargo manager and when I went to go talk to him about the Iraqi dinar the first thing he said is, 'well just let me say this first and foremost. At the moment we don't buy nor do we sell or exchange Iraqi dinar.' Then he said, 'Having said that, once it's recognized internationally again that's different. Once it's on Forex.' He said, 'You'll walk into the bank. You'll get my attention. You will let me know what you have, how much you wanted to go ahead and deposit. I will let you know what the rate is and then we just go ahead make the deposit.' There's no 800 numbers and nothing like that...
4-18-2020 Intel Guru Bruce [via WiserNow] ... I did get information from a Tier 1 banker...that indicated that their best information was saying that we would start on Tuesday 21st of April...So – I don’t want everybody to get their hopes up too high for Friday/Saturday...but I feel good because I think we’re finally to where we could start sensibly on Tuesday...I really believe that everything we’re hearing is pointing toward early next week and my feeling is it will probably be Tuesday...We have been told that Iraq was supposed to have a new and improved rate...(Wed)... we got that from our Forex guy but we do not have the new rate though...I think Iraq is just doing what they need to do to be ready for when all of this goes...
4-18-2020 Intel Guru Footforward ...The auctions are stopped...the CBI...is going to be telling the citizens what is going on soon...You know I can't give you dates and really hate giving rates...but just looking at everything...I would really be surprised if it didn't happen before the end of April...I can also see why it could go into May, why it could go to June... With everything going on we maybe even looking at a higher rate because of the money that needs to be poured into economies...
4-18-2020 Newshound Guru Jeff So when the ISX goes back online the rate will have already changed...It's that easy. As of right now we do know that the ISX time period has only been extended through Saturday April 25th. Right there they're telling you that the ISX date for it to go back online and in service will be Sunday April 26th...by reinstating the ISX stock exchange on a Sunday that allows them to change and increase the exchange rate on a Sunday morning before the ISX goes back online at 10:00am Iraq time in the morning... There's only one Sunday left in the month of April after this weekend... The ISX has the handwriting all over it. [post 2 of 2]
4-18-2020 Newshound Guru Jeff ...Iraq showed you they had shut down their ISX in order to change and increase the exchange rate...This is real easy...if they have to shut down and stop the ISX to be able to change the rate that means that based on cause and effect they can't turn the ISX back on until the rate has changed. Right there they're telling you what you can look for to know exactly when the rate is gonna change. It's the ISX because they're telling you the ISX can not go back online until the rate has changed. [post 1 of 2....stay tuned]
4-18-2020 Newshound Guru Kaperoni The biggest event we may see in the next two weeks is possibly the vote and swearing in of the new Iraqi government. But time will tell if that even happens.
4-18-2020 Newshound Guru MilitiaMan Article: "Centralization and economic confrontation" Quote: "...Iraq’s problems lie In the economic solution and this solution is in the hands of the Central Bank of Iraq. Therefore, the Central must be granted freedom to implement its economic plans and procedures." They clearly state the solution is in the hands of the Central Bank! They must be granted freedom to implement its economic plans and procedures... One of the plans was to cease the Dollar Auctions and slow the private banks and money exchangers pick up the ball and run with it. The Central bank will be selling Dinar at an international level and they now have facilities in place from the IMF and the UST imo! So, it sure looks like the keys to the CBI maybe handed off to some to be determined in the near future after Alak raises the “secret” exchange rate before he heads over to the AMF top position. He won’t be handing off the keys at a program rate imo!! No way.. That is not the solution!
4-18-2020 Newshound Guru Pimpy I bank personally at Wells Fargo. I have spoken to my Wells Fargo manager and when I went to go talk to him about the Iraqi dinar the first thing he said is, 'well just let me say this first and foremost. At the moment we don't buy nor do we sell or exchange Iraqi dinar.' Then he said, 'Having said that, once it's recognized internationally again that's different. Once it's on Forex.' He said, 'You'll walk into the bank. You'll get my attention. You will let me know what you have, how much you wanted to go ahead and deposit. I will let you know what the rate is and then we just go ahead make the deposit.' There's no 800 numbers and nothing like that...
4-18-2020 Intel Guru Bruce [via WiserNow] ... I did get information from a Tier 1 banker...that indicated that their best information was saying that we would start on Tuesday 21st of April...So – I don’t want everybody to get their hopes up too high for Friday/Saturday...but I feel good because I think we’re finally to where we could start sensibly on Tuesday...I really believe that everything we’re hearing is pointing toward early next week and my feeling is it will probably be Tuesday...We have been told that Iraq was supposed to have a new and improved rate...(Wed)... we got that from our Forex guy but we do not have the new rate though...I think Iraq is just doing what they need to do to be ready for when all of this goes...
4-17-2020 Newshound Guru Pimpy Everyone is presenting the names of the candidates they want to be part of Al-Kazimi's...they're establishing this ministry and getting him voted in as quickly as possible...this has not been voted on yet. It will be voted on I believe next Tuesday...So far so good. Usually by now we've seen all kinds of articles where people were threatening to block the ministry and block the P.M. We're not seeing that right now. I think parliament is smart enough to realize that 'hey we actually don't want to lose our power. We need to find some type of compromise.' We'll keep an eye on what's on...we'll see if it actually makes it ...We will find out next week for sure. Or where they [parliament] get dissolved...
4-17-2020 Guest Guru Nathan Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
4-17-2020 Newshound Guru Jeff Article: "An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability". Quote: "The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays." The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
4-17-2020 Intel Guru MarkZ I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
4-17-2020 Newshound Guru Pimpy ...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
4-17-2020 Guest Guru Nathan ...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
4-17-2020 Newshound/Intel Guru Mnt Goat Article quote: "...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..." so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
4-17-2020 Newshound Guru Jeff Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
4-17-2020 Guest Guru Nathan Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
4-17-2020 Newshound Guru Jeff Article: "An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability". Quote: "The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays." The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
4-17-2020 Intel Guru MarkZ I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
4-17-2020 Newshound Guru Pimpy ...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
4-17-2020 Guest Guru Nathan ...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
4-17-2020 Newshound/Intel Guru Mnt Goat Article quote: "...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..." so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
4-17-2020 Newshound Guru Jeff Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
4-16-2020 Newshound Guru Pimpy Article "The President of the Republic: A strategic dialogue with America will begin next June" This is important because next June they will be meeting with America to go over some strategical reforms and start dialogue with the United States...the IMF as well as the United Nation is also going to be in Iraq in June. It makes you wonder what's going on there - hmmm...what I'm hoping is everything is done. The United Nations goes ahead and removes the restrictions and allows their currency to be recognized internationally and we start seeing the IQD on the Forex...
4-16-2020 Newshound Guru Jeff ...remember on Monday I told you they were going to extend the ISX for one more week. That was my opinion. Here's your confirmation, Article: "Trading activity continues to be suspended until Saturday, April 25, 2020..." I also told you IMO that when the ISX gets turned back on I felt that's when the rate would change...for Iraq they can only change the rate on a Sunday. That's exactly what Kuwait did - March 24, 1991. The reason why is Sunday is their first business day of their week...THEIR Sunday morning when all markets are closed to minimize and control market impact and volatility...
4-16-2020 Newshound/Intel Guru Mnt Goat I want everyone to know that there is no “magic wand” that is going to wave after the government is finally formed, that will bring us the reinstatement... there are still lots of ‘ifs”...I also have to say these larger notes are getting worn out once again. The citizens are complaining and want fresher notes. Actually, they want the lower denominations and hopes of getting the currency of the past once again. So, this “project to delete the zeros” is still on the table and pressure to get it done might (I said might) bring us the reinstatement earlier than expected, but at a more gradual rate and maybe not pop out at the over $3.00+ but rather maybe just under $1.00... [post 2 of 2]
4-16-2020 Newshound/Intel Guru Mnt Goat Al-Kazemi has become a very strong designate and this time parliament will move on voting (ratification) him as the new prime minister...they are moving quickly to get the new Iraqi Prime Minister-designate Mustafa Al-Kazemi announced and the completion of forming the new government... The final voting process in parliament is a mere formality. The negotiations with the political blocs to agree on them is done before the speaker of the house will even bring it to a vote. ...a parliamentary source suggested that the parliament would convene NEXT WEEK to vote on the cabinet of Prime Minister-designate Mustafa Al-Kazemi. So this madness of selecting a new Pm could end next week and Iraq could finally get down to rebuilding its economy and country. [post 1 of 2....stay tuned]
4-16-2020 Intel/Newshound Guru tman23 ...Kuwait released their 6th series of the currency in May...during Ramadan...a few years ago... their Central Bank started some video releases on history of the currency in April...it’s just factual information of what took place as many claim nothing happens during Ramadan, so as you can investigate and discover...not true... ...because of their dire straights economic position and videos of history on the currency to public...very high probability we will see it. [See the CBI History Video Below...]
4-16-2020 Intel Guru MarkZ My bankers had told me not to look for anything until after Tuesday and now my folks at one redemption center said they are supposed to have their center ready by Friday at the close of business. So maybe that’s a clue? Possibly…hopefully…but, everything needs to be ready with gloves, masks exchange provisions.
4-16-2020 Newshound Guru MilitiaMan [Does anybody know when does the ISX opens back up?] ...The ISX is not going to hook up with the NASDAQ at a program rate, nor is the value of the shares to meet regional standards going ti improve unless the IQD is RI'd imo.
4-16-2020 Intel Guru Frank ...we're coming in for a landing, you've got to put your trays in the upright position and lift your feet up...we told you this kind of information would come from the CBI and it would flow down as part of the monetary reform education to the citizens. You're seeing it as of now...what did the CBI put out? A history of their currency [See video below] ...this is the trickle down to the citizens...the video is showing them the old currency they used to have...this is a tool. [See the history of the CBI video below. Notice in the credits - produced in 2019.]
4-16-2020 Newshound Guru Jeff ...remember on Monday I told you they were going to extend the ISX for one more week. That was my opinion. Here's your confirmation, Article: "Trading activity continues to be suspended until Saturday, April 25, 2020..." I also told you IMO that when the ISX gets turned back on I felt that's when the rate would change...for Iraq they can only change the rate on a Sunday. That's exactly what Kuwait did - March 24, 1991. The reason why is Sunday is their first business day of their week...THEIR Sunday morning when all markets are closed to minimize and control market impact and volatility...
4-16-2020 Newshound/Intel Guru Mnt Goat I want everyone to know that there is no “magic wand” that is going to wave after the government is finally formed, that will bring us the reinstatement... there are still lots of ‘ifs”...I also have to say these larger notes are getting worn out once again. The citizens are complaining and want fresher notes. Actually, they want the lower denominations and hopes of getting the currency of the past once again. So, this “project to delete the zeros” is still on the table and pressure to get it done might (I said might) bring us the reinstatement earlier than expected, but at a more gradual rate and maybe not pop out at the over $3.00+ but rather maybe just under $1.00... [post 2 of 2]
4-16-2020 Newshound/Intel Guru Mnt Goat Al-Kazemi has become a very strong designate and this time parliament will move on voting (ratification) him as the new prime minister...they are moving quickly to get the new Iraqi Prime Minister-designate Mustafa Al-Kazemi announced and the completion of forming the new government... The final voting process in parliament is a mere formality. The negotiations with the political blocs to agree on them is done before the speaker of the house will even bring it to a vote. ...a parliamentary source suggested that the parliament would convene NEXT WEEK to vote on the cabinet of Prime Minister-designate Mustafa Al-Kazemi. So this madness of selecting a new Pm could end next week and Iraq could finally get down to rebuilding its economy and country. [post 1 of 2....stay tuned]
4-16-2020 Intel/Newshound Guru tman23 ...Kuwait released their 6th series of the currency in May...during Ramadan...a few years ago... their Central Bank started some video releases on history of the currency in April...it’s just factual information of what took place as many claim nothing happens during Ramadan, so as you can investigate and discover...not true... ...because of their dire straights economic position and videos of history on the currency to public...very high probability we will see it. [See the CBI History Video Below...]
4-16-2020 Intel Guru MarkZ My bankers had told me not to look for anything until after Tuesday and now my folks at one redemption center said they are supposed to have their center ready by Friday at the close of business. So maybe that’s a clue? Possibly…hopefully…but, everything needs to be ready with gloves, masks exchange provisions.
4-16-2020 Newshound Guru MilitiaMan [Does anybody know when does the ISX opens back up?] ...The ISX is not going to hook up with the NASDAQ at a program rate, nor is the value of the shares to meet regional standards going ti improve unless the IQD is RI'd imo.
4-16-2020 Intel Guru Frank ...we're coming in for a landing, you've got to put your trays in the upright position and lift your feet up...we told you this kind of information would come from the CBI and it would flow down as part of the monetary reform education to the citizens. You're seeing it as of now...what did the CBI put out? A history of their currency [See video below] ...this is the trickle down to the citizens...the video is showing them the old currency they used to have...this is a tool. [See the history of the CBI video below. Notice in the credits - produced in 2019.]
4-16-2020 Intel Guru MarkZ [...does Iraq need a government before they see the RV?] My thoughts are that they will not be able to have a stable government without an RV…once they have a stable monetary system…the government will happen very quickly.
4-15-2020 Intel Guru Bruce [via WiserNow] I do feel...really good about where we are and what [information] we have received...President Trump had a date in mind for this to go – for this to happen...and I’ll cut right to it and say that date was supposed to be by the 17th - but it really talked in terms of the 15th...everything is set for “GO”...and we did hear from our Forex guy – that Iraq was looking at a new rate for their Dinar – a new revalued Dinar rate tomorrow (Wed) - that is on the 15th so, they are positioned...We’ve have information from the world bank – a couple other bank sources – that have reported that they believe – I am going to say “they” they have told us - that they are looking very strong on the 15th (Wed)...I’ve also heard that it needs to go between tomorrow and Friday (Wed – Fri) - Friday is a “must have by” the 17th...I’m not calling it but that is what everything is pointing to...what we know is everybody is prepared...they are ready for us...I feel good about where we are...
4-15-2020 Guest Guru Nathan I know one U.S. institution who bought IQD. Large amounts of it. I can't name the name but Wall Street? Be it a hedge fund or anything, there is not one example and I have tried to find out. Because don't you think if this thing was imminent and this thing was going to get returns, insiders in the banking and finance...don't you think that they would have at least "off book" holdings of IQD? ...I know of other entities outside of the U.S. I've dealt with them. Financial entities and institutions except for that one exception I couldn't find one single financial institution, off book or otherwise that has bought IQD...There's a big disconnect...I'm very friendly with another high-up fund manager - one of the biggest ones in China. He told me whatever it is coming down the pipeline is the biggest financial paradigm shift the world has ever seen.
4-15-2020 Newshound Guru Adam Montana ...OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway!
4-15-2020 Intel Guru Frank26 the auctions today are of a different way..the auctions of right now are not of today...here's the key, these auctions are showing no cash transactions...nothing physical...the auctions are all digital right now...when the auction come back with the American dollar it will be a different format for the American dollar and any foreign currency they use...because there is a new currency that is about to come out for the citizens of Iraq! ...all of this is for the reinstatement process...this is another mechanism of the reinstatement process of their currency...what is going on right now is the auctions are keeping the American dollar out of the eyes of the citizens of Iraq because their eyes are about to be cast on a new currency for them...they don't see the American dollar anymore in order for preparation of the introduction of the new small category notes. Isn't this exciting?! This change is the key...
4-15-2020 Intel/Newshound Guru tman23 ...let’s just say that the good ole USA is directly in charge of managing the cesspool [Iraq] right now...it’s like the JG Wentworth saying...it’s, our money and we NEED it now...not waiting another 10 years... Kazemei is the choice now...and new currency will be introduced during midway into Ramadan in May...
4-15-2020 Intel Guru MarkZ the people are just now getting back into place in order to have a reset or RV. Does that mean its coming? No, it means the banking centers are getting staffed again and prepared. One of the locations I talk with had supplies already in place last week…masks, disinfectant sprays, gloves ect…another is getting them this week. So personally I am not looking for it at least later in the week…
4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that. I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...
4-15-2020 Intel Guru Frank26 ...Donald Trump is just doing some amazing things...who is he doing this with? The CBI...I think it's important that Donald Trump is the reason why you're reading a lot of CBI articles...everyday more than one. And they're all coming from where? That meeting that we told you about... 1. Stop the auctions. 2. No use of the American dollar...this is miraculous...this is powerful... 3. New small category notes...coexist with the notes out right now... 4. New rate...the last 6 days we've had an avalanche of information from the CBI and all because of Donald Trump IMO...he's pushing it out...we told you this was going to happen just before they release all this information. It's about to be released and that's why they're giving you the information. You need the new rate before you get the new currency. You need the information before you get the new currency. You need the information before you even get the rate to get the new currency. Oh snap! That's what's going on right now. This is serious family!
4-15-2020 Newshound Guru Jeff ...what [community member] MD1978 is trying to tell you is that the end of March would be the end of the 2019 fiscal year and...Iraq only has 30 days to show you the rate...so by the end of March [April?] Iraq has to show you the rate and make it public. I personally agree with MM1978 100%...that encircles the weekend of April 25th-26th that weekend. By having a lot of key things that would put stability in place for Iraq over the weekend of the 25th-26th we need to keep our eyes around that time period. That's when a lot of important things are happening.
4-15-2020 Newshound Guru MilitiaMan Article quote: "...it is better for the central bank to cancel the currency auction and install its local currency... According to the official, "There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar." ...in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively. The exchanges will sell dollars for legitimate use, i.e., travel, etc.. The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country. So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate.
4-15-2020 Guest Guru Nathan I know one U.S. institution who bought IQD. Large amounts of it. I can't name the name but Wall Street? Be it a hedge fund or anything, there is not one example and I have tried to find out. Because don't you think if this thing was imminent and this thing was going to get returns, insiders in the banking and finance...don't you think that they would have at least "off book" holdings of IQD? ...I know of other entities outside of the U.S. I've dealt with them. Financial entities and institutions except for that one exception I couldn't find one single financial institution, off book or otherwise that has bought IQD...There's a big disconnect...I'm very friendly with another high-up fund manager - one of the biggest ones in China. He told me whatever it is coming down the pipeline is the biggest financial paradigm shift the world has ever seen.
4-15-2020 Newshound Guru Adam Montana ...OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway!
4-15-2020 Intel Guru Frank26 the auctions today are of a different way..the auctions of right now are not of today...here's the key, these auctions are showing no cash transactions...nothing physical...the auctions are all digital right now...when the auction come back with the American dollar it will be a different format for the American dollar and any foreign currency they use...because there is a new currency that is about to come out for the citizens of Iraq! ...all of this is for the reinstatement process...this is another mechanism of the reinstatement process of their currency...what is going on right now is the auctions are keeping the American dollar out of the eyes of the citizens of Iraq because their eyes are about to be cast on a new currency for them...they don't see the American dollar anymore in order for preparation of the introduction of the new small category notes. Isn't this exciting?! This change is the key...
4-15-2020 Intel/Newshound Guru tman23 ...let’s just say that the good ole USA is directly in charge of managing the cesspool [Iraq] right now...it’s like the JG Wentworth saying...it’s, our money and we NEED it now...not waiting another 10 years... Kazemei is the choice now...and new currency will be introduced during midway into Ramadan in May...
4-15-2020 Intel Guru MarkZ the people are just now getting back into place in order to have a reset or RV. Does that mean its coming? No, it means the banking centers are getting staffed again and prepared. One of the locations I talk with had supplies already in place last week…masks, disinfectant sprays, gloves ect…another is getting them this week. So personally I am not looking for it at least later in the week…
4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that. I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...
4-15-2020 Intel Guru Frank26 ...Donald Trump is just doing some amazing things...who is he doing this with? The CBI...I think it's important that Donald Trump is the reason why you're reading a lot of CBI articles...everyday more than one. And they're all coming from where? That meeting that we told you about... 1. Stop the auctions. 2. No use of the American dollar...this is miraculous...this is powerful... 3. New small category notes...coexist with the notes out right now... 4. New rate...the last 6 days we've had an avalanche of information from the CBI and all because of Donald Trump IMO...he's pushing it out...we told you this was going to happen just before they release all this information. It's about to be released and that's why they're giving you the information. You need the new rate before you get the new currency. You need the information before you get the new currency. You need the information before you even get the rate to get the new currency. Oh snap! That's what's going on right now. This is serious family!
4-15-2020 Newshound Guru Jeff ...what [community member] MD1978 is trying to tell you is that the end of March would be the end of the 2019 fiscal year and...Iraq only has 30 days to show you the rate...so by the end of March [April?] Iraq has to show you the rate and make it public. I personally agree with MM1978 100%...that encircles the weekend of April 25th-26th that weekend. By having a lot of key things that would put stability in place for Iraq over the weekend of the 25th-26th we need to keep our eyes around that time period. That's when a lot of important things are happening.
4-15-2020 Newshound Guru MilitiaMan Article quote: "...it is better for the central bank to cancel the currency auction and install its local currency... According to the official, "There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar." ...in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively. The exchanges will sell dollars for legitimate use, i.e., travel, etc.. The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country. So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate.
4-14-2020 Newshound Guru Jeff Article "Pompeo: US welcomes formation of new Iraqi government". The reason why Mike Pompeo went to Iraq on Easter Sunday and met with the new prime minister Kazemi is because his government is done and formed. They cannot and will not tell you all of the truth out of Iraq...Iraq's new government is done formed and complete. "We welcome Shia, Sunni and Kurdish political leaders seem to have arrived at a consensus on government formation..., Pompeo said in a statement."
4-14-2020 Newshound/Intel Guru Mnt Goat ...At the beginning of the week we hear that A-Zarfi would get the needed votes in parliament to be confirmed on Friday or Saturday. Then a sudden change on Wednesday and Mustafa Al-Kazemi is now to form the next government. Really? Oh – but many are saying this is FAKE news and can’t be real. I am telling everyone today this is real and weird but it happened ...Will it take another 30 days to form his government? This is our real question and concern for this recent news.
4-14-2020 Intel Guru Delta Article: "Citizens: Prices are at their normal levels" Quote: "...the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders.” WOW A BOMB ARTICLE...AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO ...SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS...THAT'S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE...MEANS A NEW RATE ON THE VERGE TO COME OUT...
4-14-2020 Newshound Guru Jeff ...it's called the coronavirus calendar. That's all that we're waiting on. It's that simple. I've proven to you that the ISX is following the US's coronavirus calendar...the ISX is probably going to be extended one more week to Saturday April 25th and then it's be restored and go online most likely on Saturday [Sunday?} the 26th...the movements of the ISX is going to be your marker for the rate change. When the ISX goes online in my full opinion that's when that rate's changing... Article "Governor Najaf: We will lift the curfew within 2 weeks if we do not report any cases of corona" ...there you go...
4-14-2020 Intel Guru MarkZ [via PDK] Some of my contacts are back in the saddle today... So hopefully today we will start getting more news as to where we are at because we will finally have some people back in the banking areas... Government sources are saying they need to wait for the banking system to be ready. All sources are waiting on the banking people to be in position before there is any kind of release.
4-14-2020 Newshound Guru Pimpy Do I think the rate change is gonna happen? Oh, yeah I absolutely without a doubt feel like this rate change is gonna happen. Do I know how much? No. But I could take a very very good guess at it and I've made my own personal prediction...I really feel like the rates gonna come out somewhere around $1.34 but I've also made a stern stern argument for why it might come out at $3.22. I'm going going to go out on a limb and make this prediction...nobody and I mean nobody in the dinar community right now that would fuss, get mad or turn down a rate of $1.34. We all want $3.22 but we would not turn down $1.34 let's be realistic.
4-14-2020 Newshound/Intel Guru Mnt Goat ...At the beginning of the week we hear that A-Zarfi would get the needed votes in parliament to be confirmed on Friday or Saturday. Then a sudden change on Wednesday and Mustafa Al-Kazemi is now to form the next government. Really? Oh – but many are saying this is FAKE news and can’t be real. I am telling everyone today this is real and weird but it happened ...Will it take another 30 days to form his government? This is our real question and concern for this recent news.
4-14-2020 Intel Guru Delta Article: "Citizens: Prices are at their normal levels" Quote: "...the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders.” WOW A BOMB ARTICLE...AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO ...SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS...THAT'S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE...MEANS A NEW RATE ON THE VERGE TO COME OUT...
4-14-2020 Newshound Guru Jeff ...it's called the coronavirus calendar. That's all that we're waiting on. It's that simple. I've proven to you that the ISX is following the US's coronavirus calendar...the ISX is probably going to be extended one more week to Saturday April 25th and then it's be restored and go online most likely on Saturday [Sunday?} the 26th...the movements of the ISX is going to be your marker for the rate change. When the ISX goes online in my full opinion that's when that rate's changing... Article "Governor Najaf: We will lift the curfew within 2 weeks if we do not report any cases of corona" ...there you go...
4-14-2020 Intel Guru MarkZ [via PDK] Some of my contacts are back in the saddle today... So hopefully today we will start getting more news as to where we are at because we will finally have some people back in the banking areas... Government sources are saying they need to wait for the banking system to be ready. All sources are waiting on the banking people to be in position before there is any kind of release.
4-14-2020 Newshound Guru Pimpy Do I think the rate change is gonna happen? Oh, yeah I absolutely without a doubt feel like this rate change is gonna happen. Do I know how much? No. But I could take a very very good guess at it and I've made my own personal prediction...I really feel like the rates gonna come out somewhere around $1.34 but I've also made a stern stern argument for why it might come out at $3.22. I'm going going to go out on a limb and make this prediction...nobody and I mean nobody in the dinar community right now that would fuss, get mad or turn down a rate of $1.34. We all want $3.22 but we would not turn down $1.34 let's be realistic.
4-13-2020 Guest Guru Nathan I can tell you this much on the transactions I was involved in the last couple years I never transacted on anything above $1 and it was sub a dollar...the contracts that I transacted on it didn't stipulate the rate. It was a certain amount of money for a certain amount of IQD. You obviously by extrapolating the amount you've got a rate. There's so many variable involved in these transaction but you could extrapolate a rate out of the transaction by simply dividing how much IQD and how much the offer was for it. It was nowhere near a dollar. Nowhere near .50 cents. Nowhere near .10 cents. But it was a significant premium to the face value of the IQD. .01, .02, .03, .04 cents is a huge huge return in anyone's book. Those transaction are different these are institutional plays. Whether they were buying the IQD for an RV I don't know. That information was never disclosed to me or my associates. But they thought they paid a significant premium up and above the face value of the IQD at the time...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-12-2020 Newshound/Intel Guru Francis Albert Russia, Saudi Arabia, Mexico with U.S. help reach "Historic" deal to cut about 10 Million Barrels per day. So, if higher prices play into our investment, then IMO, oil prices will rise at the opening bell tomorrow.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the back-end over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the back-end over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-11-2020 Newshound Guru ChrisC "The Central Bank of Iraq published a documentary film of its production on the history and story of the Iraqi currency." I just watched the video on the dinar and it is pretty evident based on the themes they were projecting that they are getting ready to do something that will appear bold and powerful. They went to lengths to show how they stood up to the main power in the region to become independent and how, even during the US invasion, they protected the assets of the people and made sure they were safe. They wanted the people to see their strength and loyalty to the country of Iraq for a reason, and IMO, that would be a currency change.
4-11-2020 Newshound Guru MilitiaMan Article quote: "...customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances..." On Thursday they "ZEROED THE CUSTOMS DUTIES". So customs now being ELECTRONIC and having Zeroed them out, would that not suggest they are ushering in the new dinar, as once they've zeroed out the old, they electronically can, will or have had calibrated the electronic system for the new changes necessary for to bring in the new dinar? It sure looks like it...
4-11-2020 Guest Guru Nathan ...I'm more than confident whatever this thing is. Whether it's the GCR. Whether it's an RV or RI or whether it's a closed shop event reserved for the financial elites...top 25 banks and certain central banks in the world. I'm still very much confident it will be finished by the end of May. In a sense that whatever this thing is some of it if not all of it will be public. That may take the form of people walking into their local Wells Fargo branch and converting their IQD or even their Vietnamese dong I don't know. I don't claim to know...I take real world data points from people I work with, people I transact with and I take this and it's so compartmentalized and some of the people who are literally at the coalface of this thing do not have a holistic overview of what's going on. They've been given a directive do this. You do that and why are we doing this? That's none of your business. As you Americans like to say, 'a need to know basis.' It really is that compartmentalized...
4-11-2020 Intel Guru Frank26 ...for them to come out and say we've got a new currency we're gonna introduce with a new rate that's powerful and we're that close to that happening...IMO there are 3 more announcement. 3 more issues...but I think it's gonna be coming out rather rapid-fire - a week. A month - rapid fire.
4-11-2020 Intel/Newshound Guru sandyf [IQD float now, devalue, then ride the tide back up...just a thought...] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap's [Guru Kaperoni's] claim that "most currencies around the world already float so they are priced by supply and demand". Less than 50% of the world's currencies are on any kind of float, and most of those are on a "managed" float, certainly not "managed" by supply and demand.
4-11-2020 Newshound Guru Pimpy ...whatever it is [RV, RI, float etc] it's obviously getting ready to happen here real soon. It just seems that way...there's something happening with the IQD...there's a play on it. There's a lot of activity involved in this. We don't know what it is. We'll see over time where this goes and where this lands...
4-11-2020 Guest Guru Nathan ...whatever this thing is I'm not saying it's an RV. I'm not saying this is an RI. Whatever the play is on the IQD, and there is a play, there's no disputing that...by certain institutions. But to be fair there has been for about 3 years now. There's been certain institutions positioning themselves in the IQD. Sizable positions. "Would you say there's a lot more activity in 2019 that you ever seen before?" The IQD activity revved up this year, beginning of this year at an institutional level, significantly above the institutional level that I was engaged with on my IQD transactions. "In 2020 it started racing up?" Big-time.
4-11-2020 Intel Guru Frank26 Article Quote: "It's the first time in the financial history of Iraq that the credit rating IS entered among the countries of the world which reflected positivity mostly in the stability also in the yield levels.". I'm not making this up! ...this is the definition of a fire. It's the American dollar and the Iraqi dinar doing this together. They aren't doing it by themselves...
4-11-2020 Intel Guru Bruce [via WiserNow] ...President Trump – from what I understand wants this started – I mean for us...our exchanges...started by the 17th which is next Friday... The banker sources...are still in line for us to start with exchanges Tuesday or Wednesday - I’m not calling it - just giving you what I’m hearing...next Tues or Wed after Easter Sunday...
4-11-2020 Newshound Guru MilitiaMan Article quote: "...customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances..." On Thursday they "ZEROED THE CUSTOMS DUTIES". So customs now being ELECTRONIC and having Zeroed them out, would that not suggest they are ushering in the new dinar, as once they've zeroed out the old, they electronically can, will or have had calibrated the electronic system for the new changes necessary for to bring in the new dinar? It sure looks like it...
4-11-2020 Guest Guru Nathan ...I'm more than confident whatever this thing is. Whether it's the GCR. Whether it's an RV or RI or whether it's a closed shop event reserved for the financial elites...top 25 banks and certain central banks in the world. I'm still very much confident it will be finished by the end of May. In a sense that whatever this thing is some of it if not all of it will be public. That may take the form of people walking into their local Wells Fargo branch and converting their IQD or even their Vietnamese dong I don't know. I don't claim to know...I take real world data points from people I work with, people I transact with and I take this and it's so compartmentalized and some of the people who are literally at the coalface of this thing do not have a holistic overview of what's going on. They've been given a directive do this. You do that and why are we doing this? That's none of your business. As you Americans like to say, 'a need to know basis.' It really is that compartmentalized...
4-11-2020 Intel Guru Frank26 ...for them to come out and say we've got a new currency we're gonna introduce with a new rate that's powerful and we're that close to that happening...IMO there are 3 more announcement. 3 more issues...but I think it's gonna be coming out rather rapid-fire - a week. A month - rapid fire.
4-11-2020 Intel/Newshound Guru sandyf [IQD float now, devalue, then ride the tide back up...just a thought...] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap's [Guru Kaperoni's] claim that "most currencies around the world already float so they are priced by supply and demand". Less than 50% of the world's currencies are on any kind of float, and most of those are on a "managed" float, certainly not "managed" by supply and demand.
4-11-2020 Newshound Guru Pimpy ...whatever it is [RV, RI, float etc] it's obviously getting ready to happen here real soon. It just seems that way...there's something happening with the IQD...there's a play on it. There's a lot of activity involved in this. We don't know what it is. We'll see over time where this goes and where this lands...
4-11-2020 Guest Guru Nathan ...whatever this thing is I'm not saying it's an RV. I'm not saying this is an RI. Whatever the play is on the IQD, and there is a play, there's no disputing that...by certain institutions. But to be fair there has been for about 3 years now. There's been certain institutions positioning themselves in the IQD. Sizable positions. "Would you say there's a lot more activity in 2019 that you ever seen before?" The IQD activity revved up this year, beginning of this year at an institutional level, significantly above the institutional level that I was engaged with on my IQD transactions. "In 2020 it started racing up?" Big-time.
4-11-2020 Intel Guru Frank26 Article Quote: "It's the first time in the financial history of Iraq that the credit rating IS entered among the countries of the world which reflected positivity mostly in the stability also in the yield levels.". I'm not making this up! ...this is the definition of a fire. It's the American dollar and the Iraqi dinar doing this together. They aren't doing it by themselves...
4-11-2020 Intel Guru Bruce [via WiserNow] ...President Trump – from what I understand wants this started – I mean for us...our exchanges...started by the 17th which is next Friday... The banker sources...are still in line for us to start with exchanges Tuesday or Wednesday - I’m not calling it - just giving you what I’m hearing...next Tues or Wed after Easter Sunday...
4-10-2020 Newshound Guru Pimpy Article: "TBI [Trade Bank of Iraq] announces capital increase to $3bn under new 3 year strategic vision" ...there's a 3 year plan they're talking about. Between 2020 and 2023...we are in 2020. The rate change we are anticipating will happen this year...I've talked to a lot of people that deal in exchanges. These people said there are very very rich people coming in and buying large amount and not just because they're rich and just because they have the money to buy large amounts does not immune them from being stupid...What does it mean? Who knows. Does it mean anything? It's hard to say. We just think it's interesting...But more importantly is the fact that there's large financial institutions that are making a play on the Iraqi dinar. We're trying to figure out what that means. It might not mean anything to the common Joe but who knows. We're about to find out...
4-10-2020 Newshound Guru Adam Montana Article: "After being assigned to form a government, Al-Kazemi makes three pledges to the people" Quote: "...As Kazmi, pledged that the work His government is to “solve crises and push the economy forward.” Let's go, al-Kazemi! I was eying the appointment of Zarfi a little suspiciously...it didn't seem like a permanent thing. Maybe this is a shell game situation... keep an eye on the ball, which shell is it under? Mahdi here, wait, Zarfi here, no wait! Kazemi KAZAMMI KABLAMMIE (insert RV!)!
4-10-2020 Guest Guru Nathan ...I spoke to a very very senior central banker and I asked him....look what's this going on with the IQD? I said I've run the numbers I can't see how any of this stacks up but there's obviously something going on. He said something to me that I found eye-opening...he said in real basic terms...if certain (I'm not going to name names) but he said if certain institution get together - Do essentially a 'frame agreement' and they say the IQD is worth 'this' and they all agree then he said 'Nathan, the IQD is worth that'...
4-10-2020 Intel Guru MarkZ I’ve talked to all of my contacts and there is no new news…we are still in a holding period. They believe that the earliest we would see anything is the 13th or 14th.
4-10-2020 Intel Guru Frank26 I think there's so much going on. It's exciting. It's incredible. And I'm very happy...Trump...took Iraq and divvied it up and it's all over this planet. A lot of countries are depending on the reinstatement of the Iraqi dinar let alone you as an individual...
4-10-2020 Newshound Guru Pimpy ...our boy Zafari has stepped aside to let Al-Kazemi take the charge on the PM...I have to believe Zafari only gave up the opportunity to be PM to this guy Kazemi only because they happen to be on the same page...there is a lot of support for this guy. Let's hope that this guy is legitimate and he's there for the purposes of the Iraqi people...
4-10-2020 Newshound Guru Jeff ...Iraq held two currency auctions this week... And they backdated them by three weeks...to Wednesday 3-18 and Thursday 3-19. Why did they have those two currency auctions? ...They pulled a fast one right under everyone and no one caught it. The reason why they only had 2 currency auctions IMO...What they did right before you was closed out their year-end fiscal year for the year of 2019. By them getting the books closed out it allows them to change the rate this weekend...
4-10-2020 Intel Guru Frank26 The CBI will replace the currency that they've got right now - Three zeros or the old and worn lower denoms...they have printed new currency. They say they did it already. They say they're going to coexist...I think this week we're going to really get a lot of powerful trickle down information. More and more and more is coming from the CBI...notice where it's all leading to a finale of the monetary reform...
4-10-2020 Newshound Guru Adam Montana Article: "After being assigned to form a government, Al-Kazemi makes three pledges to the people" Quote: "...As Kazmi, pledged that the work His government is to “solve crises and push the economy forward.” Let's go, al-Kazemi! I was eying the appointment of Zarfi a little suspiciously...it didn't seem like a permanent thing. Maybe this is a shell game situation... keep an eye on the ball, which shell is it under? Mahdi here, wait, Zarfi here, no wait! Kazemi KAZAMMI KABLAMMIE (insert RV!)!
4-10-2020 Guest Guru Nathan ...I spoke to a very very senior central banker and I asked him....look what's this going on with the IQD? I said I've run the numbers I can't see how any of this stacks up but there's obviously something going on. He said something to me that I found eye-opening...he said in real basic terms...if certain (I'm not going to name names) but he said if certain institution get together - Do essentially a 'frame agreement' and they say the IQD is worth 'this' and they all agree then he said 'Nathan, the IQD is worth that'...
4-10-2020 Intel Guru MarkZ I’ve talked to all of my contacts and there is no new news…we are still in a holding period. They believe that the earliest we would see anything is the 13th or 14th.
4-10-2020 Intel Guru Frank26 I think there's so much going on. It's exciting. It's incredible. And I'm very happy...Trump...took Iraq and divvied it up and it's all over this planet. A lot of countries are depending on the reinstatement of the Iraqi dinar let alone you as an individual...
4-10-2020 Newshound Guru Pimpy ...our boy Zafari has stepped aside to let Al-Kazemi take the charge on the PM...I have to believe Zafari only gave up the opportunity to be PM to this guy Kazemi only because they happen to be on the same page...there is a lot of support for this guy. Let's hope that this guy is legitimate and he's there for the purposes of the Iraqi people...
4-10-2020 Newshound Guru Jeff ...Iraq held two currency auctions this week... And they backdated them by three weeks...to Wednesday 3-18 and Thursday 3-19. Why did they have those two currency auctions? ...They pulled a fast one right under everyone and no one caught it. The reason why they only had 2 currency auctions IMO...What they did right before you was closed out their year-end fiscal year for the year of 2019. By them getting the books closed out it allows them to change the rate this weekend...
4-10-2020 Intel Guru Frank26 The CBI will replace the currency that they've got right now - Three zeros or the old and worn lower denoms...they have printed new currency. They say they did it already. They say they're going to coexist...I think this week we're going to really get a lot of powerful trickle down information. More and more and more is coming from the CBI...notice where it's all leading to a finale of the monetary reform...
4-9-2020 Guest Guru Nathan Question: "When you made the comment the RV is not going to happen overnight can you clarify what do you mean?" I don't know what's gonna happen. I don't even know if this thing constitutes an RV. All I know is that certain institutions see significant value up and above the current rate of the IQD published rate. They have paid a significant premium for IQD... [Post 2 of 2]
4-9-2020 Guest Guru Nathan I don't claim to have all the answers and I've been involved in this thing for a number of years so I know for a fact hence why I now hold IQD. I know there's a play for the IQD and there has been for a number of years because I've been in very very large IQD transactions between some very prominent international firms...every time I consummated a transaction when I did "ask" the lead...I was given 'we can't discuss that right now.' [Post 1 of 2....stay tuned]
4-9-2020 Intel Guru RayRen98 PM-Designate Al-Zarfi announced, on Thursday, that he is stepping down from forming the Iraqi government. Mustafa Al-Kazemi has now been chosen to become the next PM-Designate with a new set of 30 days to form his cabinet -- if he takes that long.
4-9-2020 Newshound Guru Jeff Iraq as of this week has had two more currency auctions. They had a very specific goal and tasks they needed to accomplish that only needed and required Iraq to have and hold two more currency auctions. Iraq has now accomplished that goal. They had no intentions of resuming them. They had a very specific end goal that only needed two more currency auctions. That tells you everything you need to know about the rate change...
4-9-2020 Intel Guru Frank26 ...Donald Trump is now injected into the monetary reform of the Iraqi dinar. Donald Trump is now supervising it in every step...this is super amazing...it's 100% hands-on...the CBI is no longer calling the shots of the monetary reform...Iran has lost its cash cow...
4-9-2020 Intel Guru MarkZ [via PDK] My bankers are still looking for this to happen the earliest on the 13th or 14th... [Any news on the Iraqi Prime Minister and cabinet?] I have said this a number of times…they are never going to be able to keep a government until they get their monetary reform. The people are suffering and their money is not worth crap. I honestly believe we are going to see the CBI and the new rate and then we will see a stable government.
4-9-2020 Newshound/Intel Guru Francis Albert I saw...a post from IMF wanting a gradual appreciation of the Iraqi Dinar, and thus the poster was dissing the whole idea of some "revaluation". Is he right or wrong? Both. What I believe is going to happen is the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there. The rise will be contingent on supply and demand of traders betting it is going to go up or down....and the companies that will take Dinar as payment will drive up the value. [Reference Guru Kaperoni post 4-8-2020]
4-9-2020 Newshound Guru Pimpy call it an RI. Call it RV. I don't know what you want to call it. Whatever it is, there definitely something happening... there is a lot of play with the IQD...there's definitely a lot of action going on with this...I know an exchange person...and he's got a lot of very very rich people coming in buying very very large amounts of the Iraqi dinar. Now that doesn't mean they have inside information but he's just saying an unusual amount of rich people have started coming in and buying large amounts of IQD...
4-9-2020 Guest Guru Nathan ...Everyone I speak to in the channels that I have connections to from the banking side and finance side it's all about the IQD...I always refer to this thing as spec [speculation?]. I don't know. I don't purport to know what's going on. All I do know is for whatever reason and for some time now certain institution...see great significant value in the IQD...whatever this event is, whether it takes the form of an RV, RI, GCR whether in fact it's a public even or it's what I term it's a closed shop event where certain global institution who have got together and then they're striking a deal and somehow the IQD is seen as playing a role. How much of a role I still don't know. Is it a pivotal role I still don't know.
4-9-2020 Newshound Guru Kaperoni The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float). This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.” We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).
4-9-2020 Intel Guru Frank26 ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing. The direction of the monetary reform of reinstatement. All these meeting or "this one meeting" is rather consistent now. It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure. These meetings are not the yellow brick road. It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power. The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-9-2020 Guest Guru Nathan I don't claim to have all the answers and I've been involved in this thing for a number of years so I know for a fact hence why I now hold IQD. I know there's a play for the IQD and there has been for a number of years because I've been in very very large IQD transactions between some very prominent international firms...every time I consummated a transaction when I did "ask" the lead...I was given 'we can't discuss that right now.' [Post 1 of 2....stay tuned]
4-9-2020 Intel Guru RayRen98 PM-Designate Al-Zarfi announced, on Thursday, that he is stepping down from forming the Iraqi government. Mustafa Al-Kazemi has now been chosen to become the next PM-Designate with a new set of 30 days to form his cabinet -- if he takes that long.
4-9-2020 Newshound Guru Jeff Iraq as of this week has had two more currency auctions. They had a very specific goal and tasks they needed to accomplish that only needed and required Iraq to have and hold two more currency auctions. Iraq has now accomplished that goal. They had no intentions of resuming them. They had a very specific end goal that only needed two more currency auctions. That tells you everything you need to know about the rate change...
4-9-2020 Intel Guru Frank26 ...Donald Trump is now injected into the monetary reform of the Iraqi dinar. Donald Trump is now supervising it in every step...this is super amazing...it's 100% hands-on...the CBI is no longer calling the shots of the monetary reform...Iran has lost its cash cow...
4-9-2020 Intel Guru MarkZ [via PDK] My bankers are still looking for this to happen the earliest on the 13th or 14th... [Any news on the Iraqi Prime Minister and cabinet?] I have said this a number of times…they are never going to be able to keep a government until they get their monetary reform. The people are suffering and their money is not worth crap. I honestly believe we are going to see the CBI and the new rate and then we will see a stable government.
4-9-2020 Newshound/Intel Guru Francis Albert I saw...a post from IMF wanting a gradual appreciation of the Iraqi Dinar, and thus the poster was dissing the whole idea of some "revaluation". Is he right or wrong? Both. What I believe is going to happen is the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there. The rise will be contingent on supply and demand of traders betting it is going to go up or down....and the companies that will take Dinar as payment will drive up the value. [Reference Guru Kaperoni post 4-8-2020]
4-9-2020 Newshound Guru Pimpy call it an RI. Call it RV. I don't know what you want to call it. Whatever it is, there definitely something happening... there is a lot of play with the IQD...there's definitely a lot of action going on with this...I know an exchange person...and he's got a lot of very very rich people coming in buying very very large amounts of the Iraqi dinar. Now that doesn't mean they have inside information but he's just saying an unusual amount of rich people have started coming in and buying large amounts of IQD...
4-9-2020 Guest Guru Nathan ...Everyone I speak to in the channels that I have connections to from the banking side and finance side it's all about the IQD...I always refer to this thing as spec [speculation?]. I don't know. I don't purport to know what's going on. All I do know is for whatever reason and for some time now certain institution...see great significant value in the IQD...whatever this event is, whether it takes the form of an RV, RI, GCR whether in fact it's a public even or it's what I term it's a closed shop event where certain global institution who have got together and then they're striking a deal and somehow the IQD is seen as playing a role. How much of a role I still don't know. Is it a pivotal role I still don't know.
4-9-2020 Newshound Guru Kaperoni The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float). This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.” We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).
4-9-2020 Intel Guru Frank26 ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing. The direction of the monetary reform of reinstatement. All these meeting or "this one meeting" is rather consistent now. It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure. These meetings are not the yellow brick road. It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power. The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-8-2020 *** Dinar Guru Update *** The CBI official market rate for the dinar has not been updated since 3-16-2020 - The last reported market rate is 1203.455. Several gurus have mentioned the market rate has increased (which means the value has gone down) in certain Iraqi markets. We're waiting to see what the CBI reports when they officially update. You can always see the official Central Bank of Iraq rates on the left side of this page...
4-8-2020 Intel Guru Bruce [via WiserNow] ...we’re funneling information in from a number of different sources...all we can do is literally wait and stay positive because we know we’re in the zone for this to come out...We are in that period of time where we really do expect this to come forward pretty quickly – I have no idea of anything that would have to drag way beyond where we are now in this time frame of around Easter – I am excited about where we are I ‘m just a little unsure of course when our start time is going to be – you see a lot of things out there...We will see how all of this unfolds before – during and after Easter...
4-8-2020 Newshound Guru Vital Brad It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible. I never put a date on what's going on. I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now. I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...
4-8-2020 Guest Guru Nathan ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions. Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure. It's an educated guess...
4-8-2020 Intel Guru Delta ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate. That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more. And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment. That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.
4-8-2020 Intel Guru Frank26 ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar. And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it. Everything else? Misinterpretation...I'm seeing today's auction as an auction without any cash. Which means nothing has changed. Status quo. Everything is still the same. The auctions have stopped.
4-8-2020 Intel Guru MarkZ [via PDK] ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect…
4-8-2020 Newshound Guru Jeff The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change. That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped. We're looking really good...
4-8-2020 Newshound Guru Pimpy ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction. What's gonna happen if the ISX opens and there's no rate change? All doom and gloom and negativity that's gonna be overwhelming everybody. Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world. It doesn't mean that the rate is not going to change. I still think it's going to change...
4-8-2020 Intel Guru MarkZ ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!! I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….] No way…no part of me thinks we will be waiting until November...
4-8-2020 Newshound Guru Jeff Article: "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar. That's their goal. Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-8-2020 Newshound Guru Vital Brad It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible. I never put a date on what's going on. I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now. I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...
4-8-2020 Guest Guru Nathan ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions. Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure. It's an educated guess...
4-8-2020 Intel Guru Delta ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate. That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more. And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment. That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.
4-8-2020 Intel Guru Frank26 ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar. And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it. Everything else? Misinterpretation...I'm seeing today's auction as an auction without any cash. Which means nothing has changed. Status quo. Everything is still the same. The auctions have stopped.
4-8-2020 Intel Guru MarkZ [via PDK] ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect…
4-8-2020 Newshound Guru Jeff The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change. That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped. We're looking really good...
4-8-2020 Newshound Guru Pimpy ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction. What's gonna happen if the ISX opens and there's no rate change? All doom and gloom and negativity that's gonna be overwhelming everybody. Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world. It doesn't mean that the rate is not going to change. I still think it's going to change...
4-8-2020 Intel Guru MarkZ ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!! I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….] No way…no part of me thinks we will be waiting until November...
4-8-2020 Newshound Guru Jeff Article: "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar. That's their goal. Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-7-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON INTENDS TO MONITOR THE CENTRAL BANK OF IRAQ UNDER SUPERVISION FOR ITS INVOLVEMENT IN WITHDRAWING THE DOLLAR ILLEGALLY" As we all know the CBI stopped selling the dollar at the currency auctions on around March 17th. So just recently they began the auctions again. They were forced to shut down due the illegal sales of the dollar to Iran that circumvented the US sanctions. A team of US specialists entered Iraq and worked with the CBI to find ways around the corruption. Now that these measures are in place, the auctions were restarted. This monitoring process will continue. The CBI must get within the 2% compliance again.
4-7-2020 Newshound Guru Jeff After the rate changes...I've already talked to Wells Fargo private client services privately...Private Client Services is not a bank branch they're a division of Wells Fargo that actually invest money for you. They said depending on the amount of dinar you have they can actually exchange foreign currency at a lower price and lower fees and rates than the actual bank branches can. We're finding out that bank branches are probably gonna do it about 1-ish% based on the amount of dinar you actually have...might be able to get reduced fees around 1/2 a percent on exchange...
4-7-2020 Intel Guru Frank26 ...the Central Bank of Iraq is telling their banks to start retaining more dinars and don't use as many American dollars. These are choice words... Why? Because the CBI was told to do this too...they will change the auction format because they can't keep pumping high volumes of dollars into their market...the auctions are coming back soon. This time they will come back to serve the economy of Iraq...
4-7-2020 Newshound Guru MilitiaMan Article: "The Trade Bank of Iraq issues an explanation regarding the work of ATMs" Quote: "The bank said in a statement, "All ATMs continue to operate around the clock in Baghdad and the provinces." Timing of this one with the talk of a new Mechanism for electronic account balances... I'll bet they will be reflecting the new currency too in short order...imo.
4-7-2020 Intel Guru MarkZ ...I am hearing this from all my banking contacts and paymasters are looking for something to happen over this Easter weekend. To be in place by the 14th. They are all being very consistent now. I am hearing the delay has honestly been logistics with the CV19. They don’t have the people in place to exchange us…people can’t travel… [So they are kicking the can again?] No way do I believe they are kicking any cans …I think it is a mad dash to coordinate logistics and to get it out...
4-7-2020 Newshound Guru Pimpy Article quote "Zarfi pledged elections within a year of forming his cabinet and vowed to respond to the demands of the protestors." Dude I'm really pumped about this...what do you think one of those needs are? ...one of the protestors said he is upset that of the fact that he has 250 dinars in his pocket and it's not even worth a quarter. That to me sounds like somebody who's looking for more purchasing power...
4-7-2020 Newshound Guru Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
4-7-2020 Intel Guru Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
4-7-2020 Newshound Guru Jeff After the rate changes...I've already talked to Wells Fargo private client services privately...Private Client Services is not a bank branch they're a division of Wells Fargo that actually invest money for you. They said depending on the amount of dinar you have they can actually exchange foreign currency at a lower price and lower fees and rates than the actual bank branches can. We're finding out that bank branches are probably gonna do it about 1-ish% based on the amount of dinar you actually have...might be able to get reduced fees around 1/2 a percent on exchange...
4-7-2020 Intel Guru Frank26 ...the Central Bank of Iraq is telling their banks to start retaining more dinars and don't use as many American dollars. These are choice words... Why? Because the CBI was told to do this too...they will change the auction format because they can't keep pumping high volumes of dollars into their market...the auctions are coming back soon. This time they will come back to serve the economy of Iraq...
4-7-2020 Newshound Guru MilitiaMan Article: "The Trade Bank of Iraq issues an explanation regarding the work of ATMs" Quote: "The bank said in a statement, "All ATMs continue to operate around the clock in Baghdad and the provinces." Timing of this one with the talk of a new Mechanism for electronic account balances... I'll bet they will be reflecting the new currency too in short order...imo.
4-7-2020 Intel Guru MarkZ ...I am hearing this from all my banking contacts and paymasters are looking for something to happen over this Easter weekend. To be in place by the 14th. They are all being very consistent now. I am hearing the delay has honestly been logistics with the CV19. They don’t have the people in place to exchange us…people can’t travel… [So they are kicking the can again?] No way do I believe they are kicking any cans …I think it is a mad dash to coordinate logistics and to get it out...
4-7-2020 Newshound Guru Pimpy Article quote "Zarfi pledged elections within a year of forming his cabinet and vowed to respond to the demands of the protestors." Dude I'm really pumped about this...what do you think one of those needs are? ...one of the protestors said he is upset that of the fact that he has 250 dinars in his pocket and it's not even worth a quarter. That to me sounds like somebody who's looking for more purchasing power...
4-7-2020 Newshound Guru Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
4-7-2020 Intel Guru Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
4-6-2020 Newshound Guru MilitiaMan Article quote: "In the context of the corona crisis and its associated cash crisis, a new currency-foreign exchange mechanism or tool should be adopted to support the banking and banking sector, as the central bank of Iraq has stopped selling the dollar in cash to the exchange companies through Banks...and then they make payments according to the customer's desire, either in cash or in the account balances of electronic cards to the public..." This sure looks like the MEETING went well today. They are talking about the NEW CURRENCY! A MECHANISM to support the Banking Sector that will be facilitated by use for electronic cards... Wow, things are moving along now very nicely! imo.
4-6-2020 Intel Guru Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
4-6-2020 Intel Guru RayRen98 ...News saying after long delay, China is preparing to close the "deal of the century" on oil with Iraq next week. The auctions started back...after being down since March 17...selling dollars only. News ticker on Iraqi TV broadcasts Al Zarfi saying that his government is ready and will be presented to Parliament within 48 hours.
4-6-2020 Newshound Guru Jeff ...Iraq can produce oil at about $10.70 per barrel. Back in 2016 it only cost Iraq about $11 a barrel to create it...just yesterday [Friday] Brent oil which is what Iraq works on...was already at $34 a barrel..they only need $44 to really fund the country...they only need oil about $45 to $50 a barrel to really fund their costs and obligation to run the country...
4-6-2020 Intel Guru MarkZ [via PDK] I’ve talked to the folks in Europe and Aisia…My bankers at this point are looking at mid April…All my banker contacts are looking at after Easter Weekend. The people I know at redemption centers...are busy putting in protocols for safety right now. I do not think you will be swabbed at the exchange. They are putting in sneeze guards and stuff like that which I think is a positive sign they are getting ready for us… Big stuff over the weekend in Iraq...pay attention to world events....this is going REAL FAST...there has been a lot of good news guys, world leaders have openly talked about the reset…even my local bankers have talked about the reset…it’s becoming a main street conversation which is huge. …we all just need to wait it out and watch the show…it’s happening.
4-6-2020 Newshound Guru Chattels The current premier-designate has until April 16 to form the next cabinet and be approved by the majority of the parliament – or face a similar fate as Allawi, who failed to get his cabinet of independent technocrats approved after rebellion from Sunni, Kurdish, and some Shiite parties. We shall see...
4-6-2020 Newshound Guru Pimpy Yes, the currency auctions are open. Yes there was an auction today. They did not sell any physical cash but they did sell digital cash. So the currency auctions are open... [Reference Guru Jeff's 4-6-2020 post]
4-6-2020 Newshound Guru Jeff ...even though they told you in the news that they actually have resumed the currency auctions they didn't sell anything. There were zero sales. That's the same as not having currency auctions...
4-6-2020 Newshound Guru Jeff Article "Al-Zarfi reveals the date of the parliamentary to vote on the new government" ...that will be approximately Wednesday to Thursday of this week we're entering into now.
4-6-2020 Newshound/Intel Guru BGG [Reference Mike Cottrell post 4-3-2020: "As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact"] ...None of this is accurate. The De La Rue machine is not an automated authentication protocol. Anyone saying it is – or speaking as an “authority” on the subject is making it up as they go. It is a high end counter and “screening device” – IT DOES NOT AUTHENTICATE ANYTHING. I have spoken to the engineers who designed it (in London) on a number of occasions. This was their description directly to me. Had it been the device everyone is claiming – I would have bought (or leased) one. It is not.
4-6-2020 Intel Guru Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
4-6-2020 Intel Guru RayRen98 ...News saying after long delay, China is preparing to close the "deal of the century" on oil with Iraq next week. The auctions started back...after being down since March 17...selling dollars only. News ticker on Iraqi TV broadcasts Al Zarfi saying that his government is ready and will be presented to Parliament within 48 hours.
4-6-2020 Newshound Guru Jeff ...Iraq can produce oil at about $10.70 per barrel. Back in 2016 it only cost Iraq about $11 a barrel to create it...just yesterday [Friday] Brent oil which is what Iraq works on...was already at $34 a barrel..they only need $44 to really fund the country...they only need oil about $45 to $50 a barrel to really fund their costs and obligation to run the country...
4-6-2020 Intel Guru MarkZ [via PDK] I’ve talked to the folks in Europe and Aisia…My bankers at this point are looking at mid April…All my banker contacts are looking at after Easter Weekend. The people I know at redemption centers...are busy putting in protocols for safety right now. I do not think you will be swabbed at the exchange. They are putting in sneeze guards and stuff like that which I think is a positive sign they are getting ready for us… Big stuff over the weekend in Iraq...pay attention to world events....this is going REAL FAST...there has been a lot of good news guys, world leaders have openly talked about the reset…even my local bankers have talked about the reset…it’s becoming a main street conversation which is huge. …we all just need to wait it out and watch the show…it’s happening.
4-6-2020 Newshound Guru Chattels The current premier-designate has until April 16 to form the next cabinet and be approved by the majority of the parliament – or face a similar fate as Allawi, who failed to get his cabinet of independent technocrats approved after rebellion from Sunni, Kurdish, and some Shiite parties. We shall see...
4-6-2020 Newshound Guru Pimpy Yes, the currency auctions are open. Yes there was an auction today. They did not sell any physical cash but they did sell digital cash. So the currency auctions are open... [Reference Guru Jeff's 4-6-2020 post]
4-6-2020 Newshound Guru Jeff ...even though they told you in the news that they actually have resumed the currency auctions they didn't sell anything. There were zero sales. That's the same as not having currency auctions...
4-6-2020 Newshound Guru Jeff Article "Al-Zarfi reveals the date of the parliamentary to vote on the new government" ...that will be approximately Wednesday to Thursday of this week we're entering into now.
4-6-2020 Newshound/Intel Guru BGG [Reference Mike Cottrell post 4-3-2020: "As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact"] ...None of this is accurate. The De La Rue machine is not an automated authentication protocol. Anyone saying it is – or speaking as an “authority” on the subject is making it up as they go. It is a high end counter and “screening device” – IT DOES NOT AUTHENTICATE ANYTHING. I have spoken to the engineers who designed it (in London) on a number of occasions. This was their description directly to me. Had it been the device everyone is claiming – I would have bought (or leased) one. It is not.
4-5-2020 Newshound/Intel Guru Walkingstick [via Frank26] We told you the CBI would explain the reasons for the currency exchange rate change and the changing of the auctions with the American dollar. That is exactly what they're doing...we thought two days to see this instead we see the urgency to accomplish these two important crucial steps in the monetary reform in the unstoppable lava flow...things are happening at the speed of light. These meetings are now dealing with these two powerful subjects that we only have dreamed about that they would talk about let alone talk to the citizens about. And they're happening fast..
4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The timing...it's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned.
4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER.
4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're doing...it's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the pipeline...it might be upon us very quickly...
4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason.
4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing them...as far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world...
4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information.
4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The timing...it's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned.
4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER.
4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're doing...it's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the pipeline...it might be upon us very quickly...
4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason.
4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing them...as far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world...
4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information.
4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
4-4-2020 Newshound Guru Pimpy ...what this guy is saying is that the value of the dollar is strong against the dinar. They need to do something about that...We all know if they float the dinar that's based on supply and demand. We all know there's a lot of people that want to buy dinar...So what they need to do is lower the value of the US dollar...How are they gonna do that? By floating the dinar and allowing the rate to increase. Go ahead, do the pee-pee dance! It looks like a lot of this is lining up...quote "floating the dinar to fill part of the state's budget deficit is impossible. But it may be in harmony with the current situation to compensate for the shortfall of the oil revenues." They're saying look we need to do something to fill in the budget gap because of the shortfalls of the oil. And how do you do that? ...They need to increase the rate...we might be at the doorstep. Finally people! Let's not get overly excited. But it's starting to look really really good... [Post 2 of 2]
4-4-2020 Newshound Guru Pimpy Article "...the economic adviser to the Iraq Prime Minister Salih...the process of increasing the foreign exchange rate of the Iraqi dinar always occurs during the official holidays. This is a natural and expected thing due to the current conditions..." What are they talking about? They're talking about changing rate after the curfew. After the crisis...Is the rate change ready to happen? Is there any other articles out there that support this? Yes there is! Article quote "The Finance Committee comments on Friday the central bank's decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value in order to fill parts of the budget deficit and the needs of the government." What does it want to do? It wants to lower the value of the dollar by floating the dinar... [Post 1 of 2....stay tuned]
4-4-2020 Newshound Guru Chattels Mahdi has "stepped away" but he has not "left his post", It is a curious constitutional posture from what I understand. Zarfi's government, people and policy program, are arguably dead on arrival. Both Ameri and Maliki oppose him. The Kurds have said that they will not support any PM designate without a Shia consensus favoring that candidate. While I put my money on an increase in value of the dinar, I must allow for the probability that Mahdi will stay until elections in 2022 if the/any government survives.
4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react.
4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time...
4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see... [post 2 of 2]
4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace. [post 1 of 2....stay tuned] [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rates on the left side of this page.]
4-4-2020 Intel/Newshound Guru tman23 What a worldwide conundrum! So what has a better chance of happening in the future 1) Iraq opens their market economy 2) there is a global reset of debt and currency values. Personally I tend to believe #2 is in play as a real possibility. And if a reset on world economies came about, it would affect #1 and their currency value ... But waiting for Iraq to reach an open market economy with poor infrastructure and poor skilled labor pools with poor work ethics being the lynch pin to gain value to the currency along with a stable government... if that’s what Kap [Guru Kaperoni] is waiting on and follows 24/7...one word with a proven history proves it will never happen that way ...that word is IRAQ!!
4-4-2020 Newshound Guru Pimpy Article "...the economic adviser to the Iraq Prime Minister Salih...the process of increasing the foreign exchange rate of the Iraqi dinar always occurs during the official holidays. This is a natural and expected thing due to the current conditions..." What are they talking about? They're talking about changing rate after the curfew. After the crisis...Is the rate change ready to happen? Is there any other articles out there that support this? Yes there is! Article quote "The Finance Committee comments on Friday the central bank's decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value in order to fill parts of the budget deficit and the needs of the government." What does it want to do? It wants to lower the value of the dollar by floating the dinar... [Post 1 of 2....stay tuned]
4-4-2020 Newshound Guru Chattels Mahdi has "stepped away" but he has not "left his post", It is a curious constitutional posture from what I understand. Zarfi's government, people and policy program, are arguably dead on arrival. Both Ameri and Maliki oppose him. The Kurds have said that they will not support any PM designate without a Shia consensus favoring that candidate. While I put my money on an increase in value of the dinar, I must allow for the probability that Mahdi will stay until elections in 2022 if the/any government survives.
4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react.
4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time...
4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see... [post 2 of 2]
4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace. [post 1 of 2....stay tuned] [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rates on the left side of this page.]
4-4-2020 Intel/Newshound Guru tman23 What a worldwide conundrum! So what has a better chance of happening in the future 1) Iraq opens their market economy 2) there is a global reset of debt and currency values. Personally I tend to believe #2 is in play as a real possibility. And if a reset on world economies came about, it would affect #1 and their currency value ... But waiting for Iraq to reach an open market economy with poor infrastructure and poor skilled labor pools with poor work ethics being the lynch pin to gain value to the currency along with a stable government... if that’s what Kap [Guru Kaperoni] is waiting on and follows 24/7...one word with a proven history proves it will never happen that way ...that word is IRAQ!!
4-3-2020 Newshound Guru Jeff ...here's another article that came out last night..... "The process of increasing the foreign exchange rate of the Iraq dinar always occurs during official holidays." ...it's not about the coronavirus it's about the facts...the coronavirus was just a coincidence. It was unexpected...Iraq has done too much and they've come too far along to put all their progress on hold...after 15 months of work...we are looking very good right now...
4-3-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...WELL—HERE WE ARE AT ANOTHER FRIDAY STILL WONDERING AND WAITING FOR THE BLESSING. THERE HAS BEEN MANY ISSUES WITHIN THE PAST 2 DAY'S THAT LEAD US ONCE AGAIN TO THE ELEVATED STATE OF HOPIUM. MASSIVE ARRESTS. RESIGNATIONS, AND DISAPPEARANCE OF SOME WELL PLACED INDIVIDUALS ARE SEEMINGLY IN FULL EFFECT. THAT IN CONJUNCTION OF THE HORRIBLE PLIGHT OF THE CORONA VIRUS IS MAKING A "PERFECT STORM" FOR THE COVERING OF THE R.V. WHICH WAS TO BE PRIVATE SINCE INCEPTION. THE LATEST REPORT COMING FROM "OUT WEST" IS THAT THERE IS STILL PROGRESS BEING MADE ON SOME MINOR LAST MINUTE HOUSE KEEPING ISSUES THAT MUST BE TAKEN CARE OF. WE HAVE WORD THE D O D AND THE TREASURY IS SATISFIED WITH THE SECURITY ISSUE THAT IN THE PAST HAS POSED A PROBLEM...AND AS WE'VE HEARD BEFORE—-MINUTE BY MINUTE WE SHOULD HAVE OUR NOTICES FORTHWITH.
4-3-2020 Intel Guru Bruce ...most of our intel sources...have gotten really quiet...I could take that as a good thing because less is more sometimes – in this particular case we’re always curious as to what is going on...I have given up on trying to find out the Dinar Rates – it supposedly has already reinstated – it will revalue and I understand that the value it comes out at may not be as high as we thought initially - it could be in the mid $4’s and what they are saying is - it will escalate over a period of 10 or more days to a much higher rate – possibly 2 – 2 ½ times higher...it’s very hard to predict exactly where they’re going to be on any given day – just to let you know – it’s very difficult...it is still a very inexact science – believe me – when it comes to us trying to predict what we’re going to be looking at...I think there were a couple of more things to happen before we could start – who knows what they actually are – but there seems to always be something behind the scenes that has delayed us a bit – but we are still in great shape...
4-3-2020 Newshound Guru Kaperoni The spread or market rate is reported at 1260 to $1 today in Baghdad. That is 6%. Well out of the required 2% by the IMF. Not good. CBI needs to abandon the modified window auction and get back to the regular procedure soon. Like I said a while ago a fully liberalized foreign exchange market provides a balance between dinar and dollar to keep the exchange rate within 2% as required by the IMF. Variations of that do not work. The only alternative is floating the currency. And though it has been discussed, there has been no movement from the CBI to begin to float the dinar at this time. [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rate on the left side of this page.]
4-3-2020 Intel Guru Mike Cottrell As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact
4-3-2020 Intel Guru MarkZ As expected we are still quiet on the news side. None of the bankers I spoke with are expecting anything to happen until possibly the 14th or 15th. The earliest I am hearing now is mid April while they work through logistics and safe ways to exchange.
4-3-2020 Intel Guru RayRen98 This information is coming direct from our Iraqi citizen source... "Iranian militias inside Iraq are threatening all politicians that vote for Zarfi death...they have this up on our billboards...they are starting real trouble for Zarfi and the high ranking officials from Iran were in Iraq all day with their threats too. If Zarfi fails to be appointed then all powers go to Saleh again...he can either nominate another candidate or desolve the parliament all together according to article 64 and call for early elections. April 5 th start back up date for all banking activities in Iraq..."
4-3-2020 Newshound Guru Kaperoni ...the CBI has stopped the distribution of dollars through the auctions for the time being due to the economic conditions. As well the CBI has made a statement requesting banks return excess dollars to the CBI. This is necessary to support the dinar during these difficult financial times. In no way is it any indication of any RV/RI...
4-3-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...WELL—HERE WE ARE AT ANOTHER FRIDAY STILL WONDERING AND WAITING FOR THE BLESSING. THERE HAS BEEN MANY ISSUES WITHIN THE PAST 2 DAY'S THAT LEAD US ONCE AGAIN TO THE ELEVATED STATE OF HOPIUM. MASSIVE ARRESTS. RESIGNATIONS, AND DISAPPEARANCE OF SOME WELL PLACED INDIVIDUALS ARE SEEMINGLY IN FULL EFFECT. THAT IN CONJUNCTION OF THE HORRIBLE PLIGHT OF THE CORONA VIRUS IS MAKING A "PERFECT STORM" FOR THE COVERING OF THE R.V. WHICH WAS TO BE PRIVATE SINCE INCEPTION. THE LATEST REPORT COMING FROM "OUT WEST" IS THAT THERE IS STILL PROGRESS BEING MADE ON SOME MINOR LAST MINUTE HOUSE KEEPING ISSUES THAT MUST BE TAKEN CARE OF. WE HAVE WORD THE D O D AND THE TREASURY IS SATISFIED WITH THE SECURITY ISSUE THAT IN THE PAST HAS POSED A PROBLEM...AND AS WE'VE HEARD BEFORE—-MINUTE BY MINUTE WE SHOULD HAVE OUR NOTICES FORTHWITH.
4-3-2020 Intel Guru Bruce ...most of our intel sources...have gotten really quiet...I could take that as a good thing because less is more sometimes – in this particular case we’re always curious as to what is going on...I have given up on trying to find out the Dinar Rates – it supposedly has already reinstated – it will revalue and I understand that the value it comes out at may not be as high as we thought initially - it could be in the mid $4’s and what they are saying is - it will escalate over a period of 10 or more days to a much higher rate – possibly 2 – 2 ½ times higher...it’s very hard to predict exactly where they’re going to be on any given day – just to let you know – it’s very difficult...it is still a very inexact science – believe me – when it comes to us trying to predict what we’re going to be looking at...I think there were a couple of more things to happen before we could start – who knows what they actually are – but there seems to always be something behind the scenes that has delayed us a bit – but we are still in great shape...
4-3-2020 Newshound Guru Kaperoni The spread or market rate is reported at 1260 to $1 today in Baghdad. That is 6%. Well out of the required 2% by the IMF. Not good. CBI needs to abandon the modified window auction and get back to the regular procedure soon. Like I said a while ago a fully liberalized foreign exchange market provides a balance between dinar and dollar to keep the exchange rate within 2% as required by the IMF. Variations of that do not work. The only alternative is floating the currency. And though it has been discussed, there has been no movement from the CBI to begin to float the dinar at this time. [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rate on the left side of this page.]
4-3-2020 Intel Guru Mike Cottrell As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact
4-3-2020 Intel Guru MarkZ As expected we are still quiet on the news side. None of the bankers I spoke with are expecting anything to happen until possibly the 14th or 15th. The earliest I am hearing now is mid April while they work through logistics and safe ways to exchange.
4-3-2020 Intel Guru RayRen98 This information is coming direct from our Iraqi citizen source... "Iranian militias inside Iraq are threatening all politicians that vote for Zarfi death...they have this up on our billboards...they are starting real trouble for Zarfi and the high ranking officials from Iran were in Iraq all day with their threats too. If Zarfi fails to be appointed then all powers go to Saleh again...he can either nominate another candidate or desolve the parliament all together according to article 64 and call for early elections. April 5 th start back up date for all banking activities in Iraq..."
4-3-2020 Newshound Guru Kaperoni ...the CBI has stopped the distribution of dollars through the auctions for the time being due to the economic conditions. As well the CBI has made a statement requesting banks return excess dollars to the CBI. This is necessary to support the dinar during these difficult financial times. In no way is it any indication of any RV/RI...
4-2-2020 Newshound Guru Adam Montana ...I still think the GOI can successfully RV at ten cents. It would be most successful with a float, because the ability for IQD to increase more will encourage people to desire IQD over USD because of the opportunity for profits. The USD, after all, is not going to gain in value. Herd mentality kicks in, Iraqi people and outside sources will increase the demand for IQD based on further speculation, and that adds even more value. I do see and agree with some of the logic in the $1.16 argument. I just also see strategic value in a 10 cent + float. With a float, their currency will hold more potential than the USD. But...$1 or higher ($1.16) there is no question - at that rate it is more valuable. Both rates have positive aspects.
4-2-2020 Intel Guru Delta ...yesterday there was a very interesting statement from one of the citizens that live in Erbil. He went to this shop to buy stuff and the vendor refused to take dollars. [Guru Frank26 - Isn't that wonderful. When I read that out of your report I just smiled so big...you think the shop owners know something?] ...this is very strange that now gradually, slowly a lot of vendors, they're not accepting the dollar. They're just taking dinars. So for you to do that you know that there's something coming up from the CBI...
4-2-2020 Intel Guru MarkZ [via PDK] I am hearing very encouraging things…they are saying that starting round the 13th or 14th…we may see the release...it could be perfect timing… What if they let this thing go on say…April 12th or 13th…somewhere around there. We hear the US is on some type of lock-down until May 1st. So that could be the perfect timing giving us 2 weeks to get done with exchanges...What would make the most sense to me is for martial law to kick in sometime soon and stay in effect until May 1st. So we will have an extra level of security and safey when we start hitting the banks and redemption centers…just imo...They are keeping the banking side ramped up with the imminant rumors so that they are ready when it does finally go…noone knows the exact timing…all we can do is piece it together based on our contacts, what we are hearing ...There is a very small group who know the actual timing on all of this. For obvious reasons they don’t tell us…All we can do is keep hope alive….
4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and Davos...one of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies...
4-2-2020 Newshound Guru Adam Montana [...as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people.
4-2-2020 Intel Guru Bruce [via WiserNow] I am excited about the month of April – we are going to see a lot of things happen and I think it is a very good time for us...Here we are about to start a whole new quarter a whole new month and we’ve got another 30 days to more or less stay at home – remain in place – and it could be interesting to see what it’s going to do for us – we are not going to be inhibited by our redemptions – so don’t worry about that - doesn’t mean you can’t go to the bank or redemption center – of course they are allowing for that – so don’t worry about that at all...I can tell you is we are supposed to be in a crescendo in the next 48 hours and that started at 10 am Tuesday - the next 48 hrs should prove to be a crescendo for us...I did hear some rates yesterday and they were higher than what we had anticipated on dinar and dong should be running right alongside – maybe not the same as but not too far from the dinar...
4-2-2020 Intel Guru Delta ...yesterday there was a very interesting statement from one of the citizens that live in Erbil. He went to this shop to buy stuff and the vendor refused to take dollars. [Guru Frank26 - Isn't that wonderful. When I read that out of your report I just smiled so big...you think the shop owners know something?] ...this is very strange that now gradually, slowly a lot of vendors, they're not accepting the dollar. They're just taking dinars. So for you to do that you know that there's something coming up from the CBI...
4-2-2020 Intel Guru MarkZ [via PDK] I am hearing very encouraging things…they are saying that starting round the 13th or 14th…we may see the release...it could be perfect timing… What if they let this thing go on say…April 12th or 13th…somewhere around there. We hear the US is on some type of lock-down until May 1st. So that could be the perfect timing giving us 2 weeks to get done with exchanges...What would make the most sense to me is for martial law to kick in sometime soon and stay in effect until May 1st. So we will have an extra level of security and safey when we start hitting the banks and redemption centers…just imo...They are keeping the banking side ramped up with the imminant rumors so that they are ready when it does finally go…noone knows the exact timing…all we can do is piece it together based on our contacts, what we are hearing ...There is a very small group who know the actual timing on all of this. For obvious reasons they don’t tell us…All we can do is keep hope alive….
4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and Davos...one of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies...
4-2-2020 Newshound Guru Adam Montana [...as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people.
4-2-2020 Intel Guru Bruce [via WiserNow] I am excited about the month of April – we are going to see a lot of things happen and I think it is a very good time for us...Here we are about to start a whole new quarter a whole new month and we’ve got another 30 days to more or less stay at home – remain in place – and it could be interesting to see what it’s going to do for us – we are not going to be inhibited by our redemptions – so don’t worry about that - doesn’t mean you can’t go to the bank or redemption center – of course they are allowing for that – so don’t worry about that at all...I can tell you is we are supposed to be in a crescendo in the next 48 hours and that started at 10 am Tuesday - the next 48 hrs should prove to be a crescendo for us...I did hear some rates yesterday and they were higher than what we had anticipated on dinar and dong should be running right alongside – maybe not the same as but not too far from the dinar...
4-1-2020 Newshound Guru MilitiaMan The collectivism of all this data out now is not for just any old reason, imo. ...The timing of this at this juncture paints a vivid picture in my mind. It paints a major power play into view. Iraq has no where but up to go from here!!!. imo. ...We know CBI Gov. Alak has openly stated he was not going to devalue the IQD. It goes against all of that that has been done to...date to keep the IQD stable and steady. ...Iraq can't borrow any money from the looks of it lately from anyone. But, if they have the ability to get into the secondary markets with their currency and their stock exchange, they can use those mediums to get dollars into the future. So not only could this be about Iraq going international in secondary markets terms, the FIMA just may be the mechanism to facilitate them to do so through the US FED.. Thereby, Iraq will need to reinstate their currency to do so. Which will support other currencies around the world. imo
4-1-2020 Intel Guru MarkZ Its been very quiet…I’m talking to my sources…they are still there…just no news as this things plays out. Bankers are weathering this wait….they are in place…hanging out at the banks but news is slim. My contacts at Redemption Centers say there is a skeleton crew there…just keeping the lights on.
4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!!
4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year.
4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the end...here's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be...
4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
4-1-2020 Intel Guru MarkZ Its been very quiet…I’m talking to my sources…they are still there…just no news as this things plays out. Bankers are weathering this wait….they are in place…hanging out at the banks but news is slim. My contacts at Redemption Centers say there is a skeleton crew there…just keeping the lights on.
4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!!
4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year.
4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the end...here's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be...
4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
3-31-2020 Intel Guru MarkZ [via PDK] [I have heard that CDC representatives will be at the redemption centers.] I have heard that the CDC along with Homeland Security have been going to all these centers to make sure provisions and guidelines are followed …I hope this is true and it will be a good and safe exchange process for us all.
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-30-2020 Intel Guru Footforward Question: "Are you still confident that we are looking for a rate change in the near future..." I can't give financial advice or investment advice. I'm not a financial expert. But it's my opinion MANY things are coming together that have been spoken of. And IMO, it's the best window we have seen since 2003.
3-30-2020 Newshound Guru Pimpy People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever...
3-30-2020 Intel Guru Frank26 Question "...If it's political for not moving things forward, who's responsible?" ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this coronavirus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys are...
3-30-2020 Intel Guru MarkZ [via PDK] Redemption Centers did not work this weekend. They do not have any idea when they go back in. It really was a quiet weekend. Im guessing we will see oil prices drop sub-$20 soon…maybe even today. It may drop down to $12-$15 bucks…there is not demand…notice how empty the roads are. IMO They are forcing the need for a reset.
3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Selih had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended.
3-30-2020 Intel Guru Frank26 Question "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?" I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...
3-30-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar" Quote: "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”. Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain." The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they? I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!! It is sure is a beacon of light, imo..
3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I'd say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars...he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license...that relationship is personal between the Treasury of the United States of America and my dealer...so how much notice? IMO the time period that you are asleep...
3-30-2020 Newshound Guru Pimpy People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever...
3-30-2020 Intel Guru Frank26 Question "...If it's political for not moving things forward, who's responsible?" ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this coronavirus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys are...
3-30-2020 Intel Guru MarkZ [via PDK] Redemption Centers did not work this weekend. They do not have any idea when they go back in. It really was a quiet weekend. Im guessing we will see oil prices drop sub-$20 soon…maybe even today. It may drop down to $12-$15 bucks…there is not demand…notice how empty the roads are. IMO They are forcing the need for a reset.
3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Selih had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended.
3-30-2020 Intel Guru Frank26 Question "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?" I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...
3-30-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar" Quote: "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”. Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain." The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they? I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!! It is sure is a beacon of light, imo..
3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I'd say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars...he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license...that relationship is personal between the Treasury of the United States of America and my dealer...so how much notice? IMO the time period that you are asleep...
3-29-2020 Intel Guru Okie_Oil_Man GOOD SUNDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...GIVEN ALL THE INFORMATION FURNISHED ME WITHIN THE LAST 2 DAYS LEADS ME TO HOPE THIS WILL BE ONE OF MY LAST POSTS. INTEL FURNISHED FROM "THE TOP" STATES WE ARE IN OUR FINAL WEEK OF WANDERING AND WAITING PREDICATED ON THE MANDATE OF MARCH 31 REQUIREMENT OF COMPLETION. I WAS INFORMED OF BANKS AND REDEMPTION CENTERS BEING ON THE ALERT FOR AN ANY MOMENT NOTIFICATION FOR PROCESS STARTING... WE SHOULD BE RECEIVING OUR NOTIFICATIONS IN A VERY SHORT ORDER. THE RATES ARE EXCEPTIONAL AND WILL MORE THAN FULFILL ANY NEEDS, ASPIRATION, OR WISHES WE MAY HAVE.
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-28-2020 Intel Guru Frank26 The good thing is that they are actually talking about 'lifting the 3 zeros' being postponed due to the corona virus. Which IMO mean they were in the process of lifting it. We were that close for a third time. God willing the CBI will return back to it after this corona has apexed...the beauty of it all is that they admit they were going to do it. They admit they are going to do it. And they admit they are going to go back to it after this corona virus is under control...that is cool.
3-28-2020 Intel Guru MarkZ ...it’s such a logistical nightmare right now. How to have enough people to staff exchanges…how to make sure everybody stays healthy…how to handle it and limit the time and exposure? It’s a process and they are working on it. One thing we are good at is waiting…we don’t like it but we are good at it. One good thing if they roll this out in pieces is…we know people are going and our turn is next…
3-28-2020 Newshound Guru Pimpy ...Vietnam dong is looking pretty good...we don't talk about it that often because the Vietnam dong situation is much different than what's going on in Iraq. Over in Vietnam their economy continues to grow and its grown at a pretty fast rate. This is in spite of the coronavirus...Vietnam is going to have a hard time trying to keep the rate that they're at now. They're gonna be forced to change and for more reason than one...the Vietnam dong is gaining against the US dollar. This is what we want. In addition we know April 6 there are some new penalties for those people who are still violating and manipulating their currency...
3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time...
3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP...
3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting.
3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction...
3-28-2020 Intel Guru MarkZ [via PDK] [Rate on Dong?] I am still hearing it is supposed to release on the street between .45 to .50 cents and fluctuate up. I am told the contract rate will still be in the low $2 range…treat it as rumor...
3-28-2020 Intel Guru MarkZ ...it’s such a logistical nightmare right now. How to have enough people to staff exchanges…how to make sure everybody stays healthy…how to handle it and limit the time and exposure? It’s a process and they are working on it. One thing we are good at is waiting…we don’t like it but we are good at it. One good thing if they roll this out in pieces is…we know people are going and our turn is next…
3-28-2020 Newshound Guru Pimpy ...Vietnam dong is looking pretty good...we don't talk about it that often because the Vietnam dong situation is much different than what's going on in Iraq. Over in Vietnam their economy continues to grow and its grown at a pretty fast rate. This is in spite of the coronavirus...Vietnam is going to have a hard time trying to keep the rate that they're at now. They're gonna be forced to change and for more reason than one...the Vietnam dong is gaining against the US dollar. This is what we want. In addition we know April 6 there are some new penalties for those people who are still violating and manipulating their currency...
3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time...
3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP...
3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting.
3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction...
3-28-2020 Intel Guru MarkZ [via PDK] [Rate on Dong?] I am still hearing it is supposed to release on the street between .45 to .50 cents and fluctuate up. I am told the contract rate will still be in the low $2 range…treat it as rumor...
3-27-2020 Intel Guru Footforward Quote: "BREAKING: The Pentagon has ordered military commanders to plan for an escalation of American combat in Iraq, issuing a directive last week to prepare a campaign to destroy an Iranian-backed militia group that has threatened more attacks against American troops - NYT" I'd translate that as they want one more big push to rid Iraq of Iran so the RV can happen. If [I ?] suspect major crushing sanctions to be put on Iraq if they don't revalue their currency in the near future. Just my opinion.
3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX traded internationally...
3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly!
3-27-2020 Newshound Guru Jeff ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect [Reference Guru Pimpy's post on 3-27-2020] . The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th. Reopening on the 12th...
3-27-2020 Newshound Guru Pimpy ...the ISX is now open...trading has started up again. We do not see so far any change in the currency rate. I can tell you we're seeing some movement in a positive direction as far as those individual stocks are concerned...it's been down since the 16th so it's been down 10 days...we were anticipating it being down in the hopes of the rate change taking place. That's what we were looking for. We don't see the rate change yet. All the ISX could have done is at least set itself up for the rate change to happen...lets hope their purpose for shutting down is the fact that a rate change took place...
3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry about...now you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward...
3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX traded internationally...
3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly!
3-27-2020 Newshound Guru Jeff ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect [Reference Guru Pimpy's post on 3-27-2020] . The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th. Reopening on the 12th...
3-27-2020 Newshound Guru Pimpy ...the ISX is now open...trading has started up again. We do not see so far any change in the currency rate. I can tell you we're seeing some movement in a positive direction as far as those individual stocks are concerned...it's been down since the 16th so it's been down 10 days...we were anticipating it being down in the hopes of the rate change taking place. That's what we were looking for. We don't see the rate change yet. All the ISX could have done is at least set itself up for the rate change to happen...lets hope their purpose for shutting down is the fact that a rate change took place...
3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry about...now you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward...
3-26-2020 Newshound Guru Jeff What did I tell you was needed for a rate change? To shut down the financial markets. And they did and they're still down...the financial markets within Iraq have now been down for a period of two weeks. I told you that in my opinion the financial markets would be down down for a period of 4 weeks..
3-26-2020 Newshound Guru Pimpy ...people are asking about the rate...to me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first.
3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the auctions...here comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of...
3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...
3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return.
3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option...
3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020]
3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation.
3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people...
3-26-2020 Newshound Guru Pimpy ...people are asking about the rate...to me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first.
3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the auctions...here comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of...
3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...
3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return.
3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option...
3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020]
3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation.
3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people...
3-25-2020 Intel Guru Bruce [via WiserNow] ...First of all we got to talk about what’s going on with the congress – we know we have a bill that should have been passed today... and yes yes it does have something to do with our start...President Trump...wants this done and you guys know this will go during this COVID-19 situation...we are looking very good based on the information... I’m thinking we’ve got a possibility of getting notified in the afternoon but more than likely situation for Thursday – that is the latest update I have received...
3-25-2020 Newshound Guru Breitling ...we're looking for a long term trend and here we are. I told you guys it was going to be $26 per barrel. It's going to get there and it's going to be there a while. That's going to put pressure on Iraq to add value to their currency...
3-25-2020 Newshound Guru Jeff ...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
3-25-2020 Newshound Guru Pimpy ...I believe everything is ready to happen. They're just gonna come out and announce whatever rate change it is. They're just gonna announce it. It's gonna happen instantly. Now that doesn't mean they won't have what's called a manage rate or "dirty float" and that is they're gonna manage it because if it's too much of a shock to the economy...
3-25-2020 Newshound Guru Breitling Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?" The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. How do you do that? You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or not...it's a good question but we don't need them for a stimulus package...
3-25-2020 Intel Guru MarkZ I definitely believe we are watching it [RV] roll out right now… [Okie was looking to land his plane today….] I wish I was as confident as he is and hope its true.
3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the value...it's all pointing in one direction...
3-25-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI" Quote: "...the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates." So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform.
3-25-2020 Newshound Guru Breitling ...we're looking for a long term trend and here we are. I told you guys it was going to be $26 per barrel. It's going to get there and it's going to be there a while. That's going to put pressure on Iraq to add value to their currency...
3-25-2020 Newshound Guru Jeff ...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
3-25-2020 Newshound Guru Pimpy ...I believe everything is ready to happen. They're just gonna come out and announce whatever rate change it is. They're just gonna announce it. It's gonna happen instantly. Now that doesn't mean they won't have what's called a manage rate or "dirty float" and that is they're gonna manage it because if it's too much of a shock to the economy...
3-25-2020 Newshound Guru Breitling Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?" The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. How do you do that? You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or not...it's a good question but we don't need them for a stimulus package...
3-25-2020 Intel Guru MarkZ I definitely believe we are watching it [RV] roll out right now… [Okie was looking to land his plane today….] I wish I was as confident as he is and hope its true.
3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the value...it's all pointing in one direction...
3-25-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI" Quote: "...the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates." So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform.
3-24-2020 Intel Guru Footforward ...people are mad because the RV hasn't happened yet. Don't be shaken! Look at all the signs that are happening!!!
3-24-2020 Intel Guru Delta Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" IT'S ABOUT TIME... THANK U WORLD BANK...MUSIC TO MY EARS... BOOOOOOOOM.
3-24-2020 Newshound Guru Kaperoni ...Yes, the CBI is talking to the IMF about loans to manage the budget during this difficult time but there was no talk of raising the value of the dinar...Like I have already stated..there only really two options for Iraq...LOP the dinar (neutral event, minimal increase) or pass laws and build a private sector and float the dinar.
3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. "...in your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly.
3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news!
3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34...
3-24-2020 Newshound Guru Jeff ...I didn't say the rate changed. I said the rate change process started. We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...
3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...
3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months...? Based on all those things that we've been saying and studying, no I just don't see that.
3-24-2020 Intel Guru Delta Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" IT'S ABOUT TIME... THANK U WORLD BANK...MUSIC TO MY EARS... BOOOOOOOOM.
3-24-2020 Newshound Guru Kaperoni ...Yes, the CBI is talking to the IMF about loans to manage the budget during this difficult time but there was no talk of raising the value of the dinar...Like I have already stated..there only really two options for Iraq...LOP the dinar (neutral event, minimal increase) or pass laws and build a private sector and float the dinar.
3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. "...in your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly.
3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news!
3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34...
3-24-2020 Newshound Guru Jeff ...I didn't say the rate changed. I said the rate change process started. We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...
3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...
3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months...? Based on all those things that we've been saying and studying, no I just don't see that.
3-23-2020 Intel Guru Okie_Oil_Man JUST A FAST FLY-BY — I AM BEING TOLD TO EXPECT LANDING PERMISSION WEDNESDAY 3-25...
3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...
3-23-2020 Intel Guru Frank26 ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey!
3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options...
3-23-2020 Intel Guru MarkZ [if martial law is declared would we be able to go to the bank for exchanges?] Im still hearing that with our 800 numbers, via email we will get our travel documentation to exchange...according to sources and what they are told …we really are “any day now”. does this mean this week or this month….we just don’t know.
3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...
3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating...
3-23-2020 Newshound Guru Breitling ...you and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel...
3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...
3-23-2020 Intel Guru Frank26 ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey!
3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options...
3-23-2020 Intel Guru MarkZ [if martial law is declared would we be able to go to the bank for exchanges?] Im still hearing that with our 800 numbers, via email we will get our travel documentation to exchange...according to sources and what they are told …we really are “any day now”. does this mean this week or this month….we just don’t know.
3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...
3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating...
3-23-2020 Newshound Guru Breitling ...you and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel...
3-22-2020 Intel Guru Frank26 Question: "...Why should we think that because we can no longer see results of the auctions that a public rate change might now be near other than the fact that the oil prices are about to tank their economy?" ...why shouldn't we expect it? It's based on everything we've seen. Everything we've see is for the reinstatement of the Iraqi dinar value. Everything they've been saying is the definition of the reinstatement of their currency...
3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end.
3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms...
3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change...
3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright!
3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening...
3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end.
3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms...
3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change...
3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright!
3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening...
3-21-2020 Newshound Guru MilitiaMan ...I believe from quite a few things that we could point to that supports this is #gameover...We haven’t seen any auctions of late...possibly because they are no longer going to be fed dollars to afford to be able to do them, as Iraq is to cease MCPs per Article 8 requirements of the IMF...So with Alak saying they are not going to devalue, oil having tanked and the dollar being scarce and has to cease being used in the auctions, the rate will have to increase! ...My conversation today with Delta, aside from the turmoil from the cv19, the time frame we are in now is the best I have ever seen to date. I am not alone on that.
3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus...
3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future.
3-21-2020 Intel Guru MarkZ [via PDK] [No RV until Covid 19 is gone?] No…In order to make the helicopter money work…I believe they will time it at the same time for us to start hitting the banks. It’s a perfect cover... [What is Helicoptor money?] helicopter money is issued by the government [to] help people through a crises...
3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost...
3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus...
3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future.
3-21-2020 Intel Guru MarkZ [via PDK] [No RV until Covid 19 is gone?] No…In order to make the helicopter money work…I believe they will time it at the same time for us to start hitting the banks. It’s a perfect cover... [What is Helicoptor money?] helicopter money is issued by the government [to] help people through a crises...
3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost...
3-20-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...AS I HAVE STATED PREVIOUSLY THIS WEEKEND SHOULD SPELL OUT A LOT OF INFO AND RESULTS FOR US. ...I PERSONALLY FOUND OUT TODAY THAT YES — MY BANK IS CLOSED THRU MONDAY WITH ONLY THE DRIVE THRU BEING OPEN. THIS HAD BEEN RUMORED IN THE PAST BUT THE PROOF CAME TODAY. ...I AM STILL BEING TOLD ABOUT THE IMMINENT LANDING PERMISSION I THOUGHT WAS THIS WEEKEND BUT IT MAY BE THE FIRST PART OF NEXT WEEK. ...I FEEL THE BANK CLOSURE I AM AWARE OF BEING TRUE LENDS CREDENCE TO THE INEVITABLE INFORMATION BEING CIRCULATED. ...I AM HOWEVER STAYING GROUNDED WITH AN OPINION UNTIL AND WHEN I SEE THE HARD EVIDENCE OF THE EXCHANGE, I AM ALSO CONFIDENT THIS IS REAL AND NOT MEMOREX AND AWAIT MY TURN AT THE BLESSING GATE BEING OPENED...
3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened! imo
3-20-2020 Intel Guru Bruce ...we got word that we did go to level 4 of Martial Law...in the United States...they are primarily in place to guard against looting and other vandalism things that could happen during this time – especially against looting of stores – retail locations and so forth that are closed ...it’s also something that we have that will be in a sense an added security force for us going – so that we are far less likely to encounter an issue or problem while going to our exchanges or coming out of our exchanges and redemption centers...I see it as a very positive thing...ALL banks are closed for four days starting tomorrow (Friday)...they will reopen on Tuesday at regular times...I have heard different things about when we’re going to get started – I have heard from a treasury source that...a kick off day would be Saturday – I’ve heard the possibility of going tomorrow [Friday] or Saturday – I’ve heard that we might not start until after the banks reopen on Tuesday – it’s hard to say right now which it is...
3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time.
3-20-2020 Intel Guru MarkZ [via PDK] Still seem to be in a holding pattern as they work through logistics... I hate saying that but it does look good. As we watch the mainstream news you can literally see it playing out right in front of us. I’ve had some interesting calls from different bankers …especially international…they are saying “Did you know the US government has taken over the Central Bank?” ...Well, I love watching it happen.
3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies..
3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening...
3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed.
3-20-2020 Intel Guru MarkZ [via PDK] [Why hasn’t Iraq released their new rate?] They are waiting for permission to do that. They are positioned…If they gave the rate right now before the banking system is prepared for it…it will be mayhem…. A number of large banks have announced branch closings…maybe this is a good thing…maybe these closed branches will be made into redemption centers which would help speed things up? They have to have the mechanisms in place before they allow Iraq to float or it would be mayhem all over the word as folks try to rush to the banks…not good while they are trying to “socially distance us” due to this Corona virus.
3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened! imo
3-20-2020 Intel Guru Bruce ...we got word that we did go to level 4 of Martial Law...in the United States...they are primarily in place to guard against looting and other vandalism things that could happen during this time – especially against looting of stores – retail locations and so forth that are closed ...it’s also something that we have that will be in a sense an added security force for us going – so that we are far less likely to encounter an issue or problem while going to our exchanges or coming out of our exchanges and redemption centers...I see it as a very positive thing...ALL banks are closed for four days starting tomorrow (Friday)...they will reopen on Tuesday at regular times...I have heard different things about when we’re going to get started – I have heard from a treasury source that...a kick off day would be Saturday – I’ve heard the possibility of going tomorrow [Friday] or Saturday – I’ve heard that we might not start until after the banks reopen on Tuesday – it’s hard to say right now which it is...
3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time.
3-20-2020 Intel Guru MarkZ [via PDK] Still seem to be in a holding pattern as they work through logistics... I hate saying that but it does look good. As we watch the mainstream news you can literally see it playing out right in front of us. I’ve had some interesting calls from different bankers …especially international…they are saying “Did you know the US government has taken over the Central Bank?” ...Well, I love watching it happen.
3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies..
3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening...
3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed.
3-20-2020 Intel Guru MarkZ [via PDK] [Why hasn’t Iraq released their new rate?] They are waiting for permission to do that. They are positioned…If they gave the rate right now before the banking system is prepared for it…it will be mayhem…. A number of large banks have announced branch closings…maybe this is a good thing…maybe these closed branches will be made into redemption centers which would help speed things up? They have to have the mechanisms in place before they allow Iraq to float or it would be mayhem all over the word as folks try to rush to the banks…not good while they are trying to “socially distance us” due to this Corona virus.
3-19-2020 Newshound/Intel Guru Mnt Goat Article: "MUQTADA AL-SADR: TO SHIITE BLOCS - DO NOT INTERFERE IN THE AL-ZORFI CASE .. THIS IS AN IRAQI AFFAIR" This is one of those WOW! articles. Here Sadr is saying to the Shiite blocs to back off and allow Iraq to freely elect a new prime minister and to support him. He alludes to Iran as an “occupier”. This is the first time recently I heard him say this. This is all very good for Iraq and getting this new government done. Let’s hope the Shiites listen to him.
3-19-2020 Newshound Guru Jeff ...Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves. Plus we the investors all hold dinar. Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury. And all the dinar we have will make it back to the US reserves...what does that mean? As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar...right now the US is in one of its worst economic positions it's ever been. All of our financial markets are crashing...the dow this week reached 19,000 points...you would think with how collapsed the US economy is right now that the value of the US dollar would also be down...As of last night the value of the US dollar went above 102 cents...It's at its highest point in three years...this should confirm a lot for you where we're at right now.
3-19-2020 Intel Guru MarkZ [via PDK] [I misplaced receipts on my currency…can I still exchange?] Yes…I am told unless you come in with boxes of it…huge amounts like 100 million dong or 100 million dinar…a crazy amount…they may ask a few questions to make sure you didn’t rob from your neighbor…no funny business…that you are not planning on funding terrorists or drug lords…other then that you should not have a problem.
3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% against totally anti-Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war.
3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future…
3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low.
3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.
3-19-2020 Newshound Guru Jeff ...Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves. Plus we the investors all hold dinar. Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury. And all the dinar we have will make it back to the US reserves...what does that mean? As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar...right now the US is in one of its worst economic positions it's ever been. All of our financial markets are crashing...the dow this week reached 19,000 points...you would think with how collapsed the US economy is right now that the value of the US dollar would also be down...As of last night the value of the US dollar went above 102 cents...It's at its highest point in three years...this should confirm a lot for you where we're at right now.
3-19-2020 Intel Guru MarkZ [via PDK] [I misplaced receipts on my currency…can I still exchange?] Yes…I am told unless you come in with boxes of it…huge amounts like 100 million dong or 100 million dinar…a crazy amount…they may ask a few questions to make sure you didn’t rob from your neighbor…no funny business…that you are not planning on funding terrorists or drug lords…other then that you should not have a problem.
3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% against totally anti-Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war.
3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future…
3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low.
3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.
3-18-2020 *** Dinar Guru News Update *** Multiple gurus and major news outlets are reporting a new prime minister has been appointed by Iraqi President Saleh. Parliament was not able to agree on a nominee so Saleh used his constitutional powers to select Adnan Al-Zurfi. He has 30 days to seat his ministers. But there's talk parliament may be dissolved as stated in the constitution since they are unable to agree on a Prime Minister. Zurfi has stated there will be early election within one year of his official appointment... Stay tuned as this evolves and the gurus chime in. The latest guru posts will continue below...
3-18-2020 Intel Guru Bruce We are in a really interesting time right now because I’ve been in this thing going on my 16th year... this thing has evolved – this whole thing has moved forward finally to where we are seeing things happen that we didn’t use to see in the past...we actually heard certain things would happen at this time that are taking place – right now as we speak – and that is a very positive way to look at it...All I can say is the information is good and it's moving and pointing toward things happening for us in the next couple of days...I do feel really good about where we are right now – even in the midst of this corona virus scenario...we are in a very acute period of things happening...
3-18-2020 Newshound Guru Vital Brad Article: "Adnan al-Zurfi as new PM-designate" Salih appointed a new prime minister...he has 30 days to form his cabinet...Mahdi agreed to work the Zurfi to try to get the government set. Seems like there's some urgency...they want their government seated so they can be International recognized currency...they've got to pull it together...if they fail again in the next 30 days on this seating of the government...well potentially Iraq's currency will not be included until next year. I don't know. It's tough to say.
3-18-2020 Intel Guru Okie_Oil_Man ...ON THE INFORMATION FRONT REGARDING OUR BLESSING--I WAS INFORMED THAT I SHOULD BE GIVEN LANDING INSTRUCTIONS BEFORE SATURDAY. "LIKE DE-JA-VUE AGAIN"—-BUT--THE ACTIVITY TAKEN PLACE LAST NIGHT AS WELL AS THIS MORNING MAKES THIS CLEARANCE SEEM NOT ONLY POSSIBLE—BUT PROBABLE...WE ARE COUNTING ON THE INFORMATION THIS TIME REGARDING THE TIMING OF THE EVENT TO BE CORRECT...
3-18-2020 Newshound/Intel Guru Mnt Goat ...Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). ...First, I absolutely DO NOT agree with any future reset or GCR coming. ...Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do...
3-18-2020 Intel Guru MarkZ ...Bankers still say we are imminent and they are making provisions on how to do exchanges and take care of everyone’s health. ...We are in a waiting pattern. ...All we can do is watch this all roll out…have good faith that all is happening just as it is supposed to.
3-18-2020 Intel Guru Frank26 ...apparently according to the media they're got these time frames and apparently in about 3 weeks they're gonna reopen the restaurants, the gathering places, the schools. How do they know that in 3 weeks everything's gonna be okay? I think it's because it's tied to the Iraqi dinar timeframe...
3-18-2020 Newshound Guru Adam Montana Article: "The President of the Republic assigns Adnan Al-Zarfi to officially head the government" ...here's a name for you: Adnan Al Zurfi. That's the name of the person just appointed to the Iraqi Prime Minister position. Truthfully, my friends, it's too soon right now to know if he will be the one to ring the bell for us. ...Too early in this to get excited, but I'm happy to see something happening. Let the news roll in!
3-18-2020 Newshound Guru Pimpy ... somebody want to explain to me how it is that you can say the rate is never gonna increase and get up to where it was at one time when in fact it used to be above $2. There's no reason for it not to be reinstated up there again. Now I've made my pitch for why I think it's gonna be $1.34 and I'll stick to it still. Don't get me wrong I would love to see it go up above $2...I would love to see it be reinstated as $3.20/$3.22 rate. The point I'm trying to make is this, the sanctions happened which caused it to lower the rate. It's the 9th wealthiest nation in the world. It has tons of oil reserves as well as a bunch of other raw materials that are just not being tapped into right now. There's no reason for this rate not get back up to where it was before...once they are back onto Forex and people are investing in their currency on a known foreign exchange platform this is gonna benefit...
3-18-2020 Newshound Guru MilitiaMan "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they'll do this with Mahdi ioo...in other words we are getting paid!!!
3-18-2020 Newshound Guru Vital Brad Article: "Adnan al-Zurfi as new PM-designate" Salih appointed a new prime minister...he has 30 days to form his cabinet...Mahdi agreed to work the Zurfi to try to get the government set. Seems like there's some urgency...they want their government seated so they can be International recognized currency...they've got to pull it together...if they fail again in the next 30 days on this seating of the government...well potentially Iraq's currency will not be included until next year. I don't know. It's tough to say.
3-18-2020 Intel Guru Okie_Oil_Man ...ON THE INFORMATION FRONT REGARDING OUR BLESSING--I WAS INFORMED THAT I SHOULD BE GIVEN LANDING INSTRUCTIONS BEFORE SATURDAY. "LIKE DE-JA-VUE AGAIN"—-BUT--THE ACTIVITY TAKEN PLACE LAST NIGHT AS WELL AS THIS MORNING MAKES THIS CLEARANCE SEEM NOT ONLY POSSIBLE—BUT PROBABLE...WE ARE COUNTING ON THE INFORMATION THIS TIME REGARDING THE TIMING OF THE EVENT TO BE CORRECT...
3-18-2020 Newshound/Intel Guru Mnt Goat ...Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). ...First, I absolutely DO NOT agree with any future reset or GCR coming. ...Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do...
3-18-2020 Intel Guru MarkZ ...Bankers still say we are imminent and they are making provisions on how to do exchanges and take care of everyone’s health. ...We are in a waiting pattern. ...All we can do is watch this all roll out…have good faith that all is happening just as it is supposed to.
3-18-2020 Intel Guru Frank26 ...apparently according to the media they're got these time frames and apparently in about 3 weeks they're gonna reopen the restaurants, the gathering places, the schools. How do they know that in 3 weeks everything's gonna be okay? I think it's because it's tied to the Iraqi dinar timeframe...
3-18-2020 Newshound Guru Adam Montana Article: "The President of the Republic assigns Adnan Al-Zarfi to officially head the government" ...here's a name for you: Adnan Al Zurfi. That's the name of the person just appointed to the Iraqi Prime Minister position. Truthfully, my friends, it's too soon right now to know if he will be the one to ring the bell for us. ...Too early in this to get excited, but I'm happy to see something happening. Let the news roll in!
3-18-2020 Newshound Guru Pimpy ... somebody want to explain to me how it is that you can say the rate is never gonna increase and get up to where it was at one time when in fact it used to be above $2. There's no reason for it not to be reinstated up there again. Now I've made my pitch for why I think it's gonna be $1.34 and I'll stick to it still. Don't get me wrong I would love to see it go up above $2...I would love to see it be reinstated as $3.20/$3.22 rate. The point I'm trying to make is this, the sanctions happened which caused it to lower the rate. It's the 9th wealthiest nation in the world. It has tons of oil reserves as well as a bunch of other raw materials that are just not being tapped into right now. There's no reason for this rate not get back up to where it was before...once they are back onto Forex and people are investing in their currency on a known foreign exchange platform this is gonna benefit...
3-18-2020 Newshound Guru MilitiaMan "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they'll do this with Mahdi ioo...in other words we are getting paid!!!
3-17-2020 Newshound Guru Pimpy Article "Saleh assigns Adnan Al-Zarfi to form new Government" I talked about this happening and this should not be surprising. I hope they do this...Mahdi has failed to get anything accomplished while he was there. They had a transitional PM, it really went to crap...what I like about this...they should be dissolving the parliament. Quote: "Article 81...stating that if parliament does not vote for him on whom he chooses that any president of the Republic can dissolve the parliament." ... parliament really is the problem. They're not getting anything accomplished because they refuse to work together...I'm happy they're talking about dissolving the parliament. Let's hope that happens.
3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he said...as long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
3-17-2020 Intel Guru MarkZ ...we are still sitting here eating popcorn and watching the show. It is unfolding hot, and heavy and hard...They have to reset the currency now…they have nothing left…there is nothing you or I can do but watch it play out. [...they have appointed a new PM in Iraq. Has 30 days to appoint cabinet.] I heard that…I heard from one contact in Iraq who says they expect to start depegging on Wed. of their currency…that may be the “go” for us...
3-17-2020 Newshound Guru Pimpy ...it's interesting that the Iraq Stock Exchange said it will not organize trading sessions and stop trading activities in securities as of tomorrow...I saw another article that said they would not reopen until March 22nd...Is that a date that just keeps magically popping up?... I do know the stock exchange has stopped its activity. Why? That's a good question. They're gonna say it's the oil crisis but even so that shouldn't stop people from going ahead and working with the stock exchange as far as buying from home...Does this mean anything? Maybe they are making the adjustments for the new rate.
3-17-2020 Intel Guru RayRen98 President Salih appoints Adnan Al Zurfi as Prime Minister designate. He now has 30 days to form his cabinet which he must then put to a vote of confidence in Iraq's fractious Parliament. The US approves him...he was verbally against the political leaders not listening to the demands of the citizens. Al Zurfi was a former official of the US-run authorities that took over Iraq after the 2003 US invasion that deposed former ruler Saddam Hussein. Al Zurfi has deep ties that favor the US and he may face a very difficult time from the blocs.
3-17-2020 Newshound Guru Jeff As of Tuesday the 17th they'll be stopping trading [ISX stock exchange]...Remember the stock market uses the rate for trading so they need to stop trading to give them time to change the rate. Just more confirmation...They're gonna stop trading as of today the 17th and then they're going to resume on the 24th.
3-17-2020 Newshound Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)...
3-17-2020 Intel Guru Frank26 Question What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he said...as long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
3-17-2020 Intel Guru MarkZ ...we are still sitting here eating popcorn and watching the show. It is unfolding hot, and heavy and hard...They have to reset the currency now…they have nothing left…there is nothing you or I can do but watch it play out. [...they have appointed a new PM in Iraq. Has 30 days to appoint cabinet.] I heard that…I heard from one contact in Iraq who says they expect to start depegging on Wed. of their currency…that may be the “go” for us...
3-17-2020 Newshound Guru Pimpy ...it's interesting that the Iraq Stock Exchange said it will not organize trading sessions and stop trading activities in securities as of tomorrow...I saw another article that said they would not reopen until March 22nd...Is that a date that just keeps magically popping up?... I do know the stock exchange has stopped its activity. Why? That's a good question. They're gonna say it's the oil crisis but even so that shouldn't stop people from going ahead and working with the stock exchange as far as buying from home...Does this mean anything? Maybe they are making the adjustments for the new rate.
3-17-2020 Intel Guru RayRen98 President Salih appoints Adnan Al Zurfi as Prime Minister designate. He now has 30 days to form his cabinet which he must then put to a vote of confidence in Iraq's fractious Parliament. The US approves him...he was verbally against the political leaders not listening to the demands of the citizens. Al Zurfi was a former official of the US-run authorities that took over Iraq after the 2003 US invasion that deposed former ruler Saddam Hussein. Al Zurfi has deep ties that favor the US and he may face a very difficult time from the blocs.
3-17-2020 Newshound Guru Jeff As of Tuesday the 17th they'll be stopping trading [ISX stock exchange]...Remember the stock market uses the rate for trading so they need to stop trading to give them time to change the rate. Just more confirmation...They're gonna stop trading as of today the 17th and then they're going to resume on the 24th.
3-17-2020 Newshound Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)...
3-17-2020 Intel Guru Frank26 Question What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
3-16-2020 Newshound Guru Jeff Article: "The Iraqi market stops the organization of trading sessions and trading activity in securities as of tomorrow" That would mean Tuesday...one of the things we've been looking for them to stop the ISX...they did not tell us how long trading will be stopped or ended for what period of time and we would need to know but...as we approach or reach the rate change one of the things we've always looked for is for them to end trading in close proximity to the rate change. Reason why is they can't really change the rate while the markets are open because the markets work off of the rate...They are trading off the value of the currency. We've always looked for them to shut down the stock market...as kind of prelude...beginning point...
3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
3-16-2020 Newshound Guru Pimpy It's really weird in our community. Not a lot of people are talking and here's my theory on this and that is we know it's coming close to crunch time. A lot of people have pulled the trigger saying this rate change is gonna happen at the end of March or sometime in the beginning of April. And this isn't just one dinar guru there's been several. I told you before I felt this same way in that something is gonna happen by the end of March maybe no later than the beginning of April...
3-16-2020 Intel Guru Footforward I believe the RV is actually a Trump card...no pun intended and Trump is waiting for the precise moment to release the RV when it's going to have the best affect to counteract this attack that has come on the financial system. I'm actually really encouraged as much as things look like they suck right now. ...What I'm looking for next in regards to the dinar ...is for the dow to get to 20,000 again...really good chance it happens around March 20th...to be clear I don't know that the RV happens on March 20th...I actually don't think the RV happens on that date. To be clear, I don't think we are far off.
3-16-2020 Intel Guru MarkZ Bankers are convinced this is still happening soon… My banking contacts still think we could have money as soon as tomorrow…but they thought that last week too…Military contacts are saying it could happen anytime between now and April 1st… I tend to believe them a little more because what they are looking at… I am hopeful we will see Leprechauns and pots of gold on St. Patricks day…
3-16-2020 Intel Guru Frank26 ...Trump said "I think we are going to have a tremendous bounce when this is over." ...that recoil affect. That boomerang effect. That slingshot effect. IMO I really think Trump talked to the markets and he said just pull back and hold on. Once this coronavirus thing is over and done with and the democrats are done exaggerating and the media finally finished their nonsense let's get back to work. In fact IMO...what if we reward a few counties? ...what if we allow a few countries to go ahead and raise the value of their currencies starting with Iraq? Wow! ...we have 330 million Americans in the United States. How many of them you think now have dinar? Man we are going to rock the world!
3-16-2020 Newshound Guru Jeff Article "Legal Expert: After the failure of the seven committee...constitutionally Salih takes over the Prime Minister with his full powers" The president will act as the prime minister. So they have a stable government. Good. That's all we need. So they do have an acting prime minister...
3-16-2020 Newshound Guru Jeff The Trump administration is in charge of everything right now IMO. He picked this to happen shortly before the US elections. He can use this as a tool to promote himself on a strong economy for re-election...
3-16-2020 Newshound Guru MilitiaMan Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days, etc... The COV-19 is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for... Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see. imo.
3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
3-16-2020 Newshound Guru Pimpy It's really weird in our community. Not a lot of people are talking and here's my theory on this and that is we know it's coming close to crunch time. A lot of people have pulled the trigger saying this rate change is gonna happen at the end of March or sometime in the beginning of April. And this isn't just one dinar guru there's been several. I told you before I felt this same way in that something is gonna happen by the end of March maybe no later than the beginning of April...
3-16-2020 Intel Guru Footforward I believe the RV is actually a Trump card...no pun intended and Trump is waiting for the precise moment to release the RV when it's going to have the best affect to counteract this attack that has come on the financial system. I'm actually really encouraged as much as things look like they suck right now. ...What I'm looking for next in regards to the dinar ...is for the dow to get to 20,000 again...really good chance it happens around March 20th...to be clear I don't know that the RV happens on March 20th...I actually don't think the RV happens on that date. To be clear, I don't think we are far off.
3-16-2020 Intel Guru MarkZ Bankers are convinced this is still happening soon… My banking contacts still think we could have money as soon as tomorrow…but they thought that last week too…Military contacts are saying it could happen anytime between now and April 1st… I tend to believe them a little more because what they are looking at… I am hopeful we will see Leprechauns and pots of gold on St. Patricks day…
3-16-2020 Intel Guru Frank26 ...Trump said "I think we are going to have a tremendous bounce when this is over." ...that recoil affect. That boomerang effect. That slingshot effect. IMO I really think Trump talked to the markets and he said just pull back and hold on. Once this coronavirus thing is over and done with and the democrats are done exaggerating and the media finally finished their nonsense let's get back to work. In fact IMO...what if we reward a few counties? ...what if we allow a few countries to go ahead and raise the value of their currencies starting with Iraq? Wow! ...we have 330 million Americans in the United States. How many of them you think now have dinar? Man we are going to rock the world!
3-16-2020 Newshound Guru Jeff Article "Legal Expert: After the failure of the seven committee...constitutionally Salih takes over the Prime Minister with his full powers" The president will act as the prime minister. So they have a stable government. Good. That's all we need. So they do have an acting prime minister...
3-16-2020 Newshound Guru Jeff The Trump administration is in charge of everything right now IMO. He picked this to happen shortly before the US elections. He can use this as a tool to promote himself on a strong economy for re-election...
3-16-2020 Newshound Guru MilitiaMan Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days, etc... The COV-19 is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for... Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see. imo.
3-15-2020 Newshound Guru Jeff What are we waiting on? What have been the holdups? ...there's a lot more to the coronavirus than just a virus...when the rate does change its gonna spike the US markets...IMO they had to use the coronavirus...to bring the markets down so when the rate does change it can shoot back up....
3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree.
3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased...
3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe.
3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan.
3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready...
3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
3-15-2020 Newshound Guru Pimpy For those of you who didn't hear about this. There was a bombing that took place in Iraq. It killed a British citizen along with two American citizens...I told you the response would be quick and swift. This is not your normal president administration. This is the Trump administration and when you kill an American citizen this man does not play around...His responses are very quick, precise and accurate. This guy has removed more terrorists leaders than any other president. It's not a good time to be in a terrorist business. The United States carried out airstrikes over 5 locations across Iraq against Iran backed militia groups that killed 2 Americans and 1 UK citizen...the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders...
3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree.
3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased...
3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe.
3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan.
3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready...
3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
3-15-2020 Newshound Guru Pimpy For those of you who didn't hear about this. There was a bombing that took place in Iraq. It killed a British citizen along with two American citizens...I told you the response would be quick and swift. This is not your normal president administration. This is the Trump administration and when you kill an American citizen this man does not play around...His responses are very quick, precise and accurate. This guy has removed more terrorists leaders than any other president. It's not a good time to be in a terrorist business. The United States carried out airstrikes over 5 locations across Iraq against Iran backed militia groups that killed 2 Americans and 1 UK citizen...the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders...
3-14-2020 Intel Guru Delta Article: "The Governor of the Central Bank, Ali Al-Alaq, revealed today, Saturday, that Iraq's external debts amount to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars" Quotes: "Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives,"; “If the country is The debtor pays in its national currency (wink), because it pays the same amount of debts and interest." ...ALAQ...IMO...HE IS GOING TO DO IT...WOW MORE CONFIRMATION...
3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi got everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about...
3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq...
3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running a mock globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
3-14-2020 Newshound Guru MilitiaMan Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi got everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about...
3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq...
3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running a mock globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
3-14-2020 Newshound Guru MilitiaMan Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3-13-2020 Newshound/Intel Guru Mnt Goat The drama of selecting a new prime minister continues...The corona virus is not helping either. Just this week an economist came out and said they should put the dinar on a float. Really? We know this will never happen until they are ready to also raise the rate and get out of these auctions and artificially held down rate. ...we have read already many, many articles on the pros and cons of going on a float just inside Iraq. The key is they can not do it “just inside Iraq”. It can not ever happen since the IQD is on a fixed de-facto peg to the US dollar. ...This info alone should nullify such requests by these economists. Yes, the CBI has adjusted the exchange rate from time to time for inflation. This is all they are allowed to do. But this is not a “float”. A float is based on market demand and floats are on an exchange where investors can come in and buy and sell. This will never happen on the artificial rate and process of the currency auctions window at the bank. It is all just talk, talk and more BS from people not responsible for the monetary policy of Iraq or who know how to manage monetary policies for countries.
3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level...
3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [reference Guru sandyf post 3-13-2020] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen...
3-13-2020 Intel Guru Bruce I’m not going to call it but everything that we’ve got is pointing to...(Friday) - I’m just saying, that’s what I’m getting... My understanding is things are really good – we know that the redemption centers are staffed and going in early tomorrow [Friday]...and I think we’re going to be in good shape if we just stay with this a little bit longer – may not be much longer either...I feel good about what I’m hearing...
3-13-2020 Newshound Guru Adam Montana ...The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30....Stocks... don't even get me started on the markets... Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere...
3-13-2020 Newshound Guru Vital Brad There's just too many thing right now pointing to what we've been waiting for. Here we are beginning of March a lot of people say in March is gonna be a really big month hoping for a reinstatement of their currency. Coming up on the beginning of the second quarter April 1st - potentially a time when they can transition to a new fiscal calendar. March through April is gonna be really interesting to see what happens here in the next little bit. Things are getting exciting over there. You definitely want to stay tuned...
3-13-2020 Intel Guru MarkZ We are sitting here positioned…everything is ready…noone has been paid yet… [Will the IQD float today?] We are told the IQD is supposed to unpeg from the US dollar and start floating today…we are watching it closely. I think today will be an evolving news day.
3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
3-13-2020 Newshound Guru Pimpy ...right now the dinar is pegged. That's a fixed exchange rate against the U.S. dollar...if it floats then what determines its value is gonna be based on supply and demand and market...this is good. As Iraq gets their crap together and the better they do the more valuable the currency becomes...we want this. We've been saying this for a long time. We need them to unpeg from the U.S. dollar which is a fixed exchange rate. Which is manipulated by the government and we want them to go into a floating exchange rate...just like that it can jump up in value...if we get this you'd be surprised what will happen to the dinar once the government is established. Once they're stable and there's no more protesting the dinar would just keep going up and up...[Post 2 of 2]
3-13-2020 Newshound Guru Pimpy Is this right? Is there an article out there saying that we finally have Iraq heading towards a floating rate? This can't be? When I found out about this I almost lost my poop... Article: "Former Minister: Iraqi Dinar On The Way To "Float". ...we want the Iraqi dinar to float. Yes we do! This article says for the purpose of reducing its value. That's not the case. Quote: "The former minister, Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...this is good news believe it or not. I'm not talking about how the dinar is gonna lower in rate... [Post 1 of 2....stay tuned]
3-13-2020 Newshound Guru Kaperoni Can I tool [toot ?] my own horn? Ok here you go...Article: "Former minister: Iraqi dinar on the way to "float" Quote: "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." Maybe some of you will study monetary policy now... I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first. If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate.
3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level...
3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [reference Guru sandyf post 3-13-2020] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen...
3-13-2020 Intel Guru Bruce I’m not going to call it but everything that we’ve got is pointing to...(Friday) - I’m just saying, that’s what I’m getting... My understanding is things are really good – we know that the redemption centers are staffed and going in early tomorrow [Friday]...and I think we’re going to be in good shape if we just stay with this a little bit longer – may not be much longer either...I feel good about what I’m hearing...
3-13-2020 Newshound Guru Adam Montana ...The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30....Stocks... don't even get me started on the markets... Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere...
3-13-2020 Newshound Guru Vital Brad There's just too many thing right now pointing to what we've been waiting for. Here we are beginning of March a lot of people say in March is gonna be a really big month hoping for a reinstatement of their currency. Coming up on the beginning of the second quarter April 1st - potentially a time when they can transition to a new fiscal calendar. March through April is gonna be really interesting to see what happens here in the next little bit. Things are getting exciting over there. You definitely want to stay tuned...
3-13-2020 Intel Guru MarkZ We are sitting here positioned…everything is ready…noone has been paid yet… [Will the IQD float today?] We are told the IQD is supposed to unpeg from the US dollar and start floating today…we are watching it closely. I think today will be an evolving news day.
3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
3-13-2020 Newshound Guru Pimpy ...right now the dinar is pegged. That's a fixed exchange rate against the U.S. dollar...if it floats then what determines its value is gonna be based on supply and demand and market...this is good. As Iraq gets their crap together and the better they do the more valuable the currency becomes...we want this. We've been saying this for a long time. We need them to unpeg from the U.S. dollar which is a fixed exchange rate. Which is manipulated by the government and we want them to go into a floating exchange rate...just like that it can jump up in value...if we get this you'd be surprised what will happen to the dinar once the government is established. Once they're stable and there's no more protesting the dinar would just keep going up and up...[Post 2 of 2]
3-13-2020 Newshound Guru Pimpy Is this right? Is there an article out there saying that we finally have Iraq heading towards a floating rate? This can't be? When I found out about this I almost lost my poop... Article: "Former Minister: Iraqi Dinar On The Way To "Float". ...we want the Iraqi dinar to float. Yes we do! This article says for the purpose of reducing its value. That's not the case. Quote: "The former minister, Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...this is good news believe it or not. I'm not talking about how the dinar is gonna lower in rate... [Post 1 of 2....stay tuned]
3-13-2020 Newshound Guru Kaperoni Can I tool [toot ?] my own horn? Ok here you go...Article: "Former minister: Iraqi dinar on the way to "float" Quote: "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." Maybe some of you will study monetary policy now... I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first. If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate.
3-12-2020 Intel Guru Footforward [What is your opinion the rate you think? I'm hearing it could just be $4.00 or even higher.] IT'S MY OPINION THE RATE WILL NOT BE $1.34! I'm not sure how much more strongly I can state...My "opinion" is it will be over 3. I don't want to be too specific. There is a reason I need to be somewhat vague...
3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO.
3-12-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have this out the door and some people in the banks by Friday... [Today is the day the dinar will start floating as soon as the UN gives their blessing...all sanctions have been lifted.] I am hearing the same thing…today should be a very busy news day. [Do you think Iraq will float their currency?] Yes I do…..It makes the most sense to me…I do not believe that will affect our rates or contract prices. They know roughly where its going to float to…I always assumed it would float. It’s the easiest way for them to buy it off the street. As soon as it starts to float a lot of people will go ahead and exchange. The float makes economic sense. ...we are in a front row seat to history…it seems like it is coming unglued…its all helter skelter…the sky is falling…this is a fantastic position for us. I know its scary, but we are watching it happen right in front of our eyes.
3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it...
3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of...
3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO.
3-12-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have this out the door and some people in the banks by Friday... [Today is the day the dinar will start floating as soon as the UN gives their blessing...all sanctions have been lifted.] I am hearing the same thing…today should be a very busy news day. [Do you think Iraq will float their currency?] Yes I do…..It makes the most sense to me…I do not believe that will affect our rates or contract prices. They know roughly where its going to float to…I always assumed it would float. It’s the easiest way for them to buy it off the street. As soon as it starts to float a lot of people will go ahead and exchange. The float makes economic sense. ...we are in a front row seat to history…it seems like it is coming unglued…its all helter skelter…the sky is falling…this is a fantastic position for us. I know its scary, but we are watching it happen right in front of our eyes.
3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it...
3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of...
3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
3-11-2020 Intel Guru Frank26 Russia refused to scale back on it's [oil] exports and that pissed off Saudi Arabia. And they said whatever they said to Russia...you know what Russia we told you not to mess around...Saudi Arabia says...we will increase our oil production and exports which has now given a surplus of oil in the markets causing the price of oil to go down dramatically pushing dramatically the reinstatement of the Iraqi dinar a lot faster. In order to offset this budget fund deficit...
3-11-2020 Intel Guru Bruce [via WiserNow] ...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
3-11-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...[Reference Angel1 Post 3-10-2020]
3-11-2020 Intel Guru Footforward [So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
3-11-2020 Intel Guru Bruce [via WiserNow] ...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
3-11-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...[Reference Angel1 Post 3-10-2020]
3-11-2020 Intel Guru Footforward [So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
3-10-2020 Newshound Guru Breitling I've never had fear of the Iraqi dinar gaining value. It's just at what pace and at what rate. I have more confidence today than I've ever had. But the dinar crowd this is gonna be a prayer answered and then it's gonna be taken away because the most important part of what they need to know they're not even looking at. They're just worried about getting the money. You have to have a tax plan in place... [Speak to your tax professional at the appropriate time...]
3-10-2020 Newshound/Intel Guru Mnt Goat ...we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the strong-arm of the Iranian backed politicians. I believe this person is Mohammed Allawi. Yes, he did not get his way with the cabinet he wanted and so he backed out, for now. But he will return as he is the man for the job and will come back in time. ...Once Allawi has the legitimate power he needs we will see the necessary changes. Literally, things can change very quickly. It is amazing what a difference a day can make. We wait for this miracle.
3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything...
3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this...
3-10-2020 Intel Guru Okie_Oil_Man THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE—
3-10-2020 Intel Guru MarkZ [via PDK] ...Most of my sources are expecting something to happen between now and Thursday. For money to move and us to be in the banks by Friday. That is the current rumors running around from my financially connected folks...Redemption Center staff are manned and expect to work this weekend...I am still excited at where we are at.
3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
3-10-2020 Newshound Guru Breitling Will the lack of a Prime Minister have an effect on the revaluation? No I don't see it that way. Remember the CBI is in charge of handing their currency...
3-10-2020 Newshound Guru Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
3-10-2020 Intel Guru MarkZ [...I heard all the same talking points for the global reset in “08…what makes this different.] The biggest difference is CIPS. We now have a backbone…we can work around the central banking system. Also in “08 there were not enough nations who had aggregated gold to back a currency change. …lots has happened since “08…. In “08 you needed the central banking system to move international money…now you don’t and it can happen almost instantly. That to me is the biggest difference.
3-10-2020 Newshound/Intel Guru Mnt Goat ...we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the strong-arm of the Iranian backed politicians. I believe this person is Mohammed Allawi. Yes, he did not get his way with the cabinet he wanted and so he backed out, for now. But he will return as he is the man for the job and will come back in time. ...Once Allawi has the legitimate power he needs we will see the necessary changes. Literally, things can change very quickly. It is amazing what a difference a day can make. We wait for this miracle.
3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything...
3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this...
3-10-2020 Intel Guru Okie_Oil_Man THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE—
3-10-2020 Intel Guru MarkZ [via PDK] ...Most of my sources are expecting something to happen between now and Thursday. For money to move and us to be in the banks by Friday. That is the current rumors running around from my financially connected folks...Redemption Center staff are manned and expect to work this weekend...I am still excited at where we are at.
3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
3-10-2020 Newshound Guru Breitling Will the lack of a Prime Minister have an effect on the revaluation? No I don't see it that way. Remember the CBI is in charge of handing their currency...
3-10-2020 Newshound Guru Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
3-10-2020 Intel Guru MarkZ [...I heard all the same talking points for the global reset in “08…what makes this different.] The biggest difference is CIPS. We now have a backbone…we can work around the central banking system. Also in “08 there were not enough nations who had aggregated gold to back a currency change. …lots has happened since “08…. In “08 you needed the central banking system to move international money…now you don’t and it can happen almost instantly. That to me is the biggest difference.
3-9-2020 Intel Guru Okie_Oil_Man ...THERE ARE NOT MUCH I CAN SAY THAT I WANT TO OTHER THAN WE ARE IN AN EXTREMELY SHORT WINDOW—GET READLY—NOW! I AM ECSTATIC AS TO WHERE WE ARE PRESENTLY...IT IS BEING STATED THAT ALL THE CHAOS NOW HAS BEEN PLANNED AS A COVER FOR OUR EVENT...THE OIL MARKET IS CAUSED BY THE RUSSIAN/SAUDI RIFT...IF YOU TAKE ALL THINGS GOING ON PRESENTLY, YOU WILL SEE THE PERFECT COVER FOR THE R.V.
3-9-2020 Newshound Guru Kaperoni ...I wouldn't be so broad is to say nothing happened a lot has happened over the last few years...just not what most are looking for...no doubt there hasn't been any Improvement in the exchange rate but there has been progress over the last several years to diversify the economy. And that will have to continue if this plan of raising the value will ever work...The IMF doesn't want countries pegged. They want them to float and let the world decide the value of their currency. Eventually that will have to happen if Iraq gets substantial investment. (Some 60 billion dollars) to rebuild that they are wishing for.
3-9-2020 Intel Guru Delta Trade Bank of Iraq... "Our dear customers: We would like to inform you that the promotion of personal loan transactions has been stopped until further notice..." [Delta...what does this mean? How does this benefit us?] RATE IS CHANGING...(wink)
3-9-2020 Intel Guru MarkZ Everybody seems to be in a surprisingly good mood with the world on the brink today…..well, it’s good for us. I think this week we are going to have to sit back, grab our popcorn and watch everything unfold as things go screaming into place for us. Now look at the oil crash today... Oil props up the Petro Dollar...Saudi Arabia just said the US dollar is basically crap... This is big. When you are buying gold you are shorting the dollar. Then Saudi Arabia crashes the oil prices…at present levels oil is expected to close at $27 to $32 dollars a barrel today...it could go lower if Saudi Arabia declares war on the Petro dollar. This is BIG NEWS screaming we are about to have a reset! Just read the news and you will see we are so close to a reset. [...[Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. There is so many economic indicators screaming that there is no place to go. ...Its going to be a interesting week…and we will all be here watching it happen.
3-9-2020 Newshound Guru Pimpy Article Salih: The UN Security Council Sanctions Still Apply To Iraq. ...what that means is they're preventing their currencies from being recognized internationally. This means that Iraq can't really step out on the International market and do business like they need to do. If the rate change happened today...we would have a hard time trying to exchange our money with some of our banks because the currency is not bing recognized internationally. I know Chase Bank is accepting the dinar now at its current rate and my assumption would be that if a rate change happens they would honor the new rate. But there's a lot of banks and a lot of financial institutions that are not recognizing Iraq internationally...
3-9-2020 Newshound Guru Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week...
3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality is for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
3-9-2020 Intel Guru Footforward [Question: You don't think that this level of price drop endangers an RV? Hard to believe that Iraq could come out at a decent rate with this sort of price plunge on oil.] I see it pushing the financial crisis in the middle east to a breaking point where they have to RV. They will have to make a deal with Saudi Arabia on oil prices to make that happen.
3-9-2020 Newshound Guru Pimpy ...because of the coronavirus crude oil is tanking, just like cryptocurrencies. Just like the Dow. These things are getting killed. Just getting annihilated...it dropped to $45 I think right now. It might have dropped a little bit more...between the protestors and their government and the PM I don't know how much worse it can get for Iraq. It's just at its worse...this actually might be good for us in the Iraqi dinar community...let's just hope that oil prices keep going down and maybe that might trigger something that we've been waiting for...if ever a time before where Iraq needed a rate change to happen it's definitely now...
3-9-2020 Newshound Guru Kaperoni ...I wouldn't be so broad is to say nothing happened a lot has happened over the last few years...just not what most are looking for...no doubt there hasn't been any Improvement in the exchange rate but there has been progress over the last several years to diversify the economy. And that will have to continue if this plan of raising the value will ever work...The IMF doesn't want countries pegged. They want them to float and let the world decide the value of their currency. Eventually that will have to happen if Iraq gets substantial investment. (Some 60 billion dollars) to rebuild that they are wishing for.
3-9-2020 Intel Guru Delta Trade Bank of Iraq... "Our dear customers: We would like to inform you that the promotion of personal loan transactions has been stopped until further notice..." [Delta...what does this mean? How does this benefit us?] RATE IS CHANGING...(wink)
3-9-2020 Intel Guru MarkZ Everybody seems to be in a surprisingly good mood with the world on the brink today…..well, it’s good for us. I think this week we are going to have to sit back, grab our popcorn and watch everything unfold as things go screaming into place for us. Now look at the oil crash today... Oil props up the Petro Dollar...Saudi Arabia just said the US dollar is basically crap... This is big. When you are buying gold you are shorting the dollar. Then Saudi Arabia crashes the oil prices…at present levels oil is expected to close at $27 to $32 dollars a barrel today...it could go lower if Saudi Arabia declares war on the Petro dollar. This is BIG NEWS screaming we are about to have a reset! Just read the news and you will see we are so close to a reset. [...[Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. There is so many economic indicators screaming that there is no place to go. ...Its going to be a interesting week…and we will all be here watching it happen.
3-9-2020 Newshound Guru Pimpy Article Salih: The UN Security Council Sanctions Still Apply To Iraq. ...what that means is they're preventing their currencies from being recognized internationally. This means that Iraq can't really step out on the International market and do business like they need to do. If the rate change happened today...we would have a hard time trying to exchange our money with some of our banks because the currency is not bing recognized internationally. I know Chase Bank is accepting the dinar now at its current rate and my assumption would be that if a rate change happens they would honor the new rate. But there's a lot of banks and a lot of financial institutions that are not recognizing Iraq internationally...
3-9-2020 Newshound Guru Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week...
3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality is for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
3-9-2020 Intel Guru Footforward [Question: You don't think that this level of price drop endangers an RV? Hard to believe that Iraq could come out at a decent rate with this sort of price plunge on oil.] I see it pushing the financial crisis in the middle east to a breaking point where they have to RV. They will have to make a deal with Saudi Arabia on oil prices to make that happen.
3-9-2020 Newshound Guru Pimpy ...because of the coronavirus crude oil is tanking, just like cryptocurrencies. Just like the Dow. These things are getting killed. Just getting annihilated...it dropped to $45 I think right now. It might have dropped a little bit more...between the protestors and their government and the PM I don't know how much worse it can get for Iraq. It's just at its worse...this actually might be good for us in the Iraqi dinar community...let's just hope that oil prices keep going down and maybe that might trigger something that we've been waiting for...if ever a time before where Iraq needed a rate change to happen it's definitely now...
3-8-2020 Newshound Guru Adam Montana ...I think they did want over $3 at first, and there was a small chance it could have happened. Now that time has passed, and more people (and institutions) are aware of it and have had time to prepare, they will have to keep it to a dollar or less. [reference Guru Breitling post 3-8-2020]
3-8-2020 Intel Guru Footforward Suddenly people are talking about how Iraq's economy is in trouble. The puzzle pieces are coming together so well. Without an RV Iraq is in big trouble.
3-8-2020 Intel Guru Frank26 Question IYO could the concern of the coronavirus spreading via handling old IQD hasten the issuing of the new lower denoms? ...in the last 4 or 5 days with my teams we're considering now the CBI is now using the coronavirus as part of their strategy for the reinstatement of their currency. And for the announcement and the education...
3-8-2020 Newshound Guru Breitling ...I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25...There's no way to know. That's why I suggest that it's very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates...we're speculating on a real opportunity...
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan ...with the CBI telling banks to stop using cash because of the Corona Virus, they'll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it's ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo...the Perfect Storm is Upon us..ioo... [post 2 of 2]
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: "Mansour Express Exchange and Remittance System" A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of "Calculations", of Accounting Values, with International Standards...suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would. [post 1 of 2....stay tuned]
3-8-2020 Intel Guru Footforward Suddenly people are talking about how Iraq's economy is in trouble. The puzzle pieces are coming together so well. Without an RV Iraq is in big trouble.
3-8-2020 Intel Guru Frank26 Question IYO could the concern of the coronavirus spreading via handling old IQD hasten the issuing of the new lower denoms? ...in the last 4 or 5 days with my teams we're considering now the CBI is now using the coronavirus as part of their strategy for the reinstatement of their currency. And for the announcement and the education...
3-8-2020 Newshound Guru Breitling ...I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25...There's no way to know. That's why I suggest that it's very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates...we're speculating on a real opportunity...
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan ...with the CBI telling banks to stop using cash because of the Corona Virus, they'll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it's ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo...the Perfect Storm is Upon us..ioo... [post 2 of 2]
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: "Mansour Express Exchange and Remittance System" A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of "Calculations", of Accounting Values, with International Standards...suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would. [post 1 of 2....stay tuned]
3-7-2020 Intel Guru OkieOilMan ...I AM LED TO BELIEVE NOW THAT THE R.V. HAS STARTED FOR SOME DIFFERENT GROUP'S AND PRIVATE INDIVIDUALS WHO HAD BEEN ON TOP OF THE LADDER SINCE THE BEGINNING OF THE PROGRAM...I HAVE BEEN INFORMED THAT THE FIRST FEW DAY'S OF THIS COMING WEEK WILL FINALLY GIVE US THE RELIEF WE ALL HAVE BEEN NEEDING FOR SO LONG. BE SURE YOUR PREPARATION WORK IS COMPLETED AND PREPARE TO BE INFORMED (FROM NUMEROUS SOURCES) OF YOUR OPPORTUNITY TO MAKE AN APPOINTMENT FOR YOUR EXCHANGE OR REDEMPTION...THERE ARE NO STOPPING THE R.V. AT THIS PRESENT TIME . PRAY ALL KEEPS GOING AS TO WHAT IS SCHEDULED IN A VERY FEW DAYS. RELAX TOMORROW AND BE PREPARED FOR THE WEEK WE HAVE ALL WAITED FOR——-SHALOAM
3-7-2020 Newshound Guru Kaperoni ...First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar...Secondly, it's a known fact that over 70% of the currency in Iraq is "chunky." Meaning it's outside the banking system in homes of citizens, Etc... As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one...at any time to discuss monetary policy with me... [reference Guru Breitling post 3-7-2020] [post 2 of 2]
3-7-2020 Newshound Guru Kaperoni There's absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as "chunky." There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency... ...guru Brietling thinks the CBI is reducing the note count. [reference Guru Breitling post 3-7-2020] [post 1 of 2....stay tuned]
3-7-2020 Newshound Guru Breitling ...everyone thinks it's at a market rate and somehow they're gonna add or subtract wealth to it. It doesn't work that way. No currency works like that. They're either taking currency out of the market or they add to devalue the currency...They've been reducing the note count and they're gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years...they'll have a process where they're getting rid of the denominations that you and I have. It will be a two year process. [Post 2 of 2]
3-7-2020 Newshound Guru Breitling ...I've been getting emails and I'm not gonna name the guy out there that's putting this information out...here's the math. He's talking about that there's too much currency out there for it to revalue so it's impossible... if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we've been watching. So that is the dumbest statement I've ever heard people say is that there is too much currency out there. Their plan was and they've specifically said they are going to reduce the money supply. And that's where we find our value... [Post 1 of 2...stay tuned]
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.
3-7-2020 Newshound Guru Kaperoni UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.
3-7-2020 Newshound Guru Kaperoni ...First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar...Secondly, it's a known fact that over 70% of the currency in Iraq is "chunky." Meaning it's outside the banking system in homes of citizens, Etc... As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one...at any time to discuss monetary policy with me... [reference Guru Breitling post 3-7-2020] [post 2 of 2]
3-7-2020 Newshound Guru Kaperoni There's absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as "chunky." There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency... ...guru Brietling thinks the CBI is reducing the note count. [reference Guru Breitling post 3-7-2020] [post 1 of 2....stay tuned]
3-7-2020 Newshound Guru Breitling ...everyone thinks it's at a market rate and somehow they're gonna add or subtract wealth to it. It doesn't work that way. No currency works like that. They're either taking currency out of the market or they add to devalue the currency...They've been reducing the note count and they're gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years...they'll have a process where they're getting rid of the denominations that you and I have. It will be a two year process. [Post 2 of 2]
3-7-2020 Newshound Guru Breitling ...I've been getting emails and I'm not gonna name the guy out there that's putting this information out...here's the math. He's talking about that there's too much currency out there for it to revalue so it's impossible... if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we've been watching. So that is the dumbest statement I've ever heard people say is that there is too much currency out there. Their plan was and they've specifically said they are going to reduce the money supply. And that's where we find our value... [Post 1 of 2...stay tuned]
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.
3-7-2020 Newshound Guru Kaperoni UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.
3-6-2020 Intel Guru MarkZ [via PDK] Economic news…markets are dying and imploding. 1 in 8 businesses worldwide are borrowing just to keep the doors open. Ports are empty…no freight is moving…whether this virus scare is real or not...the economic realities are…schools are in lockdowns...its best to be prepared just in case. This is getting crazy…the perfect storm for the RV!!
3-6-2020 Intel Guru Bruce I know Iraq is not going to show anything – until we go - until we absolutely are going forward... I think we are really at the point where – if there is anything else I sure don’t know what it is...
3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.
3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq. [post 2 of 2]
3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay… [post 1 of 2...stay tuned]
3-6-2020 Newshound Guru Whitelions ...this is a country coming back from a long war nothing more and nothing less...it will do what every other country in the world has done coming out of war they will adjust the value according to what their country can back and get it close enough to market value to work in the world...Iraq has assets out the wazoo and needs know other help and can rv into market at a very competitive rate .
3-6-2020 Intel Guru MarkZ [via PDK] There is a whole lot going on…Redemption Center contacts believe they are looking at a long week of exchanging people next week. They are on call all weekend. I am hearing fantastic things...The news has been phenomenal since last night. I’m excited. Looks like the floodgates are opening for us.
3-6-2020 Newshound Guru chattels ...it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.
3-6-2020 Newshound Guru MilitiaMan ...The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end of it. The CBI has been so vocal that they have Nassiri and Salih are speaking of the Independence of the CBI from the GOI. What the CBI has accomplished all the while the GOI has been in turmoil and filled with Iranian backed corruption. The CBI has pumped along by making sure they kept inflation low during economic and security shocks that were abound. My view...is that they CBI having been successful during crisis, is now prepared to finish the reforms, give the demonstrators purchase power and in doing so they will create jobs with the re construction efforts. The need for the CBI to now finish is greater than ever...So, in the end my view is the focus is on the CBI and in short order.
3-6-2020 Newshound Guru Adam Montana [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question... I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil.
3-6-2020 Intel Guru Bruce I know Iraq is not going to show anything – until we go - until we absolutely are going forward... I think we are really at the point where – if there is anything else I sure don’t know what it is...
3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.
3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq. [post 2 of 2]
3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay… [post 1 of 2...stay tuned]
3-6-2020 Newshound Guru Whitelions ...this is a country coming back from a long war nothing more and nothing less...it will do what every other country in the world has done coming out of war they will adjust the value according to what their country can back and get it close enough to market value to work in the world...Iraq has assets out the wazoo and needs know other help and can rv into market at a very competitive rate .
3-6-2020 Intel Guru MarkZ [via PDK] There is a whole lot going on…Redemption Center contacts believe they are looking at a long week of exchanging people next week. They are on call all weekend. I am hearing fantastic things...The news has been phenomenal since last night. I’m excited. Looks like the floodgates are opening for us.
3-6-2020 Newshound Guru chattels ...it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.
3-6-2020 Newshound Guru MilitiaMan ...The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end of it. The CBI has been so vocal that they have Nassiri and Salih are speaking of the Independence of the CBI from the GOI. What the CBI has accomplished all the while the GOI has been in turmoil and filled with Iranian backed corruption. The CBI has pumped along by making sure they kept inflation low during economic and security shocks that were abound. My view...is that they CBI having been successful during crisis, is now prepared to finish the reforms, give the demonstrators purchase power and in doing so they will create jobs with the re construction efforts. The need for the CBI to now finish is greater than ever...So, in the end my view is the focus is on the CBI and in short order.
3-6-2020 Newshound Guru Adam Montana [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question... I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil.
3-5-2020 Intel Guru MarkZ [via PDK] [Will...dong and dinar rv on the same day?] I am told absolutely…same day…same time…
3-5-2020 Newshound Guru MilitiaMan ...The CBI has not adjusted the money supply since November 2019.. imo... The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it. Therefore, again I will say this, "The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
3-5-2020 Newshound Guru Pimpy ...what the heck is going on in the dinar community? People running around panicking about all kinds of stuff. I've heard so much weird crap today...[Guru] Jeff is the only person who's still sticking to his guns. Jeff is saying that this thing is gonna happen between the end of March and sometime beginning of April...That's the way I felt about it [too] and there's no reason for me to change my mind...sometime between the end of March and the beginning of April...
3-5-2020 Newshound Guru Adam Montana [A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. ...I hope I'm missing something in this equation.] ...The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. ...Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will.
3-5-2020 Intel Guru Okie_Oil_Man ...YES I AM STILL ON HIGH ALERT AND AM WATCHING FOR AN E-MAIL (NUFF SAID)
3-5-2020 Intel Guru MarkZ [via PDK] I still think we are looking at a back date of Mar. 14th. Looking at dates usually gets us all in trouble …but it seems they are working on getting it out the door right now...we really are in a great spot as it all comes together...It could be today, tomorrow or next week….but we are at the end of it. Make sure you are ready and have a plan for as soon as it happens. I have a local banker that I have been harassing for years about this…..he said yesterday that he was starting to see some crazy values …he said we may finally get what we have been looking for. He is a local bank. It really is the perfect storm for the reset right now…Hoping today brings more good news…
3-5-2020 Intel/Newshound Guru sandyf Question: Revaluation. The bigger question is what do people understand by the term "revaluation". If a currency changes from X/USD to Y/USD is it a revaluation/devaluation or not. A redenomination of the national currency is a revaluation of the monetary unit and that is what was being considered by the CBI at the Shabibi was at the helm.
3-5-2020 Newshound/Intel Guru Mnt Goat Article: "DRAFT FEDERAL BUDGET LAW FOR THE FISCAL YEAR 2020 IS STILL IN THE MINISTRY OF FINANCE" Our reinstatement is based on the 2020 budget. They must pass it to get what we want. But first to pass it they must get the government in place... Of course, there is going to be Iranian backed resistance since the currency auction corruption feeding Iran will go away when this is concluded
3-5-2020 Newshound Guru Jeff Article quote "in the case that parliament fails to vote next time on the government cabinet it will be dissolved and early elections will be held." They're considering dissolving the government and holding early elections...Kurdistan wants to be part of the new government...equal say and equal majority within the formation of the new government. That's the reason they're dissolving the government...that's the reason they're playing you like a fool telling you that the current government is unstable so they can hold early elections in April to bring Kurdistan on board...
3-5-2020 Newshound Guru Adam Montana ...PM Allawi has..."withdrawn his candidacy"... So, what's next?... The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either... The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter...as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close...
3-5-2020 Newshound Guru MilitiaMan ...The CBI has not adjusted the money supply since November 2019.. imo... The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it. Therefore, again I will say this, "The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
3-5-2020 Newshound Guru Pimpy ...what the heck is going on in the dinar community? People running around panicking about all kinds of stuff. I've heard so much weird crap today...[Guru] Jeff is the only person who's still sticking to his guns. Jeff is saying that this thing is gonna happen between the end of March and sometime beginning of April...That's the way I felt about it [too] and there's no reason for me to change my mind...sometime between the end of March and the beginning of April...
3-5-2020 Newshound Guru Adam Montana [A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. ...I hope I'm missing something in this equation.] ...The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. ...Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will.
3-5-2020 Intel Guru Okie_Oil_Man ...YES I AM STILL ON HIGH ALERT AND AM WATCHING FOR AN E-MAIL (NUFF SAID)
3-5-2020 Intel Guru MarkZ [via PDK] I still think we are looking at a back date of Mar. 14th. Looking at dates usually gets us all in trouble …but it seems they are working on getting it out the door right now...we really are in a great spot as it all comes together...It could be today, tomorrow or next week….but we are at the end of it. Make sure you are ready and have a plan for as soon as it happens. I have a local banker that I have been harassing for years about this…..he said yesterday that he was starting to see some crazy values …he said we may finally get what we have been looking for. He is a local bank. It really is the perfect storm for the reset right now…Hoping today brings more good news…
3-5-2020 Intel/Newshound Guru sandyf Question: Revaluation. The bigger question is what do people understand by the term "revaluation". If a currency changes from X/USD to Y/USD is it a revaluation/devaluation or not. A redenomination of the national currency is a revaluation of the monetary unit and that is what was being considered by the CBI at the Shabibi was at the helm.
3-5-2020 Newshound/Intel Guru Mnt Goat Article: "DRAFT FEDERAL BUDGET LAW FOR THE FISCAL YEAR 2020 IS STILL IN THE MINISTRY OF FINANCE" Our reinstatement is based on the 2020 budget. They must pass it to get what we want. But first to pass it they must get the government in place... Of course, there is going to be Iranian backed resistance since the currency auction corruption feeding Iran will go away when this is concluded
3-5-2020 Newshound Guru Jeff Article quote "in the case that parliament fails to vote next time on the government cabinet it will be dissolved and early elections will be held." They're considering dissolving the government and holding early elections...Kurdistan wants to be part of the new government...equal say and equal majority within the formation of the new government. That's the reason they're dissolving the government...that's the reason they're playing you like a fool telling you that the current government is unstable so they can hold early elections in April to bring Kurdistan on board...
3-5-2020 Newshound Guru Adam Montana ...PM Allawi has..."withdrawn his candidacy"... So, what's next?... The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either... The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter...as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close...
3-4-2020 Intel Guru Bruce [via WiserNow] ...could we be notified and start tomorrow [Wednesday]? The answer is an outstanding YES – possibly...we understand that the redemption centers were to receive their schedules that would take them through Saturday March 14th until midnight...In other words, us – the internet group – we would get started and continue all the way through midnight on the 14th of march...which is... a week from this Saturday... Do we have any other indication that we’re just about there? ...We got an indication from the World Bank – yesterday – that talked about 2 days – today and tomorrow [Wednesday]...then we heard further from the World Bank that there was emphasis on tomorrow’s date (Wed 3-4-20)...It could go Thursday - we don’t know...this is a moving target... Really, we are down to the wire...this is not going to last much longer...Let’s just believe that no other hindrance will keep us from starting and everything is set...
3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
3-4-2020 Newshound Guru Jeff I'm not saying there's zero corruption...every country is gonna have some partial corruption. They're not gonna be 100% corrupt free...I'm looking at the former corrupt political figures who are now billionaires. Any of the new officials that are in place they might have some corruption but it's lower-level corruption. These guys aren't stealing gazillions of dollars becoming billionaires like the former ones...the CBI said they needed the corruption gone...since they held the election in May of '18 Maliki's gone. Barzani senior, he's gone. Najaf he's gone from parliament...the CBI doesn't care about small levels of corruption. Every country is gonna have that...the reason the CBI wanted the corruption gone and what they meant by that is they wanted the very extreme corrupt individual gone that were stealing billions of dollars...
3-4-2020 Intel Guru MarkZ [via PDK] Anticipation is high… Redemption Centers are manned…..sitting on “wait” [Footforward... thinks the RV will manifest by Mar. 20th…What are your thoughts?] I think anytime from 2 seconds from now to the 14th. That is what I think...I think they expect to have our transactions done before then and the average person on the street will be able to go in after the 14th is what I was told.
3-4-2020 Intel Guru Okie_Oil_Man P.M.S. DOESN'T MEAN WHAT YOU THINK —IT NOW MEANS—PACK MY SUITCASE -- HIGH ALERT NOW IN EFFECT— SINCE WERE PAST SUPER TUESDAY LETS NOW LOOK FORWARD TO WONDERFUL WEDNESDAY.
3-4-2020 Intel Guru Delta ...the budget does need the rate first IMO... monetary reform is moving forward and nothing will stop it...
3-4-2020 Intel Guru Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
3-4-2020 Newshound Guru Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
3-4-2020 Intel Guru MarkZ [...Will dealers shut down when its time for appointments?] No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.
3-4-2020 Newshound Guru Kaperoni ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.
3-4-2020 Newshound Guru Vital Brad ...there's salaries from government employees that have been needing to get paid. They're saying they can pay the salaries right on this [Qi Card]. From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same. They're saying these cards are set up to receive those salaries. Seems like we're waiting on a rate change. Seems like that's what the holdup is... [reference Vital Brad post 3-3-2020]
3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
3-4-2020 Newshound Guru Jeff I'm not saying there's zero corruption...every country is gonna have some partial corruption. They're not gonna be 100% corrupt free...I'm looking at the former corrupt political figures who are now billionaires. Any of the new officials that are in place they might have some corruption but it's lower-level corruption. These guys aren't stealing gazillions of dollars becoming billionaires like the former ones...the CBI said they needed the corruption gone...since they held the election in May of '18 Maliki's gone. Barzani senior, he's gone. Najaf he's gone from parliament...the CBI doesn't care about small levels of corruption. Every country is gonna have that...the reason the CBI wanted the corruption gone and what they meant by that is they wanted the very extreme corrupt individual gone that were stealing billions of dollars...
3-4-2020 Intel Guru MarkZ [via PDK] Anticipation is high… Redemption Centers are manned…..sitting on “wait” [Footforward... thinks the RV will manifest by Mar. 20th…What are your thoughts?] I think anytime from 2 seconds from now to the 14th. That is what I think...I think they expect to have our transactions done before then and the average person on the street will be able to go in after the 14th is what I was told.
3-4-2020 Intel Guru Okie_Oil_Man P.M.S. DOESN'T MEAN WHAT YOU THINK —IT NOW MEANS—PACK MY SUITCASE -- HIGH ALERT NOW IN EFFECT— SINCE WERE PAST SUPER TUESDAY LETS NOW LOOK FORWARD TO WONDERFUL WEDNESDAY.
3-4-2020 Intel Guru Delta ...the budget does need the rate first IMO... monetary reform is moving forward and nothing will stop it...
3-4-2020 Intel Guru Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
3-4-2020 Newshound Guru Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
3-4-2020 Intel Guru MarkZ [...Will dealers shut down when its time for appointments?] No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.
3-4-2020 Newshound Guru Kaperoni ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.
3-4-2020 Newshound Guru Vital Brad ...there's salaries from government employees that have been needing to get paid. They're saying they can pay the salaries right on this [Qi Card]. From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same. They're saying these cards are set up to receive those salaries. Seems like we're waiting on a rate change. Seems like that's what the holdup is... [reference Vital Brad post 3-3-2020]
3-3-2020 Intel Guru Frank26 ...If we get a prime minister this week there's a good chance you'll have your elections on next Sunday...we hope that in the next few days this cabinet will be announced by a new prime minister that Donald Trump is sending...
3-3-2020 Intel Guru Delta ...Does the Central Bank of Iraq really need the government or the budget to reinstate their currency? ...IMO the answer is no...the Central Bank of Iraq does not need the government in place for them to lift the value...
3-3-2020 Intel/Newshound Guru sandyf It cannot be disputed that Kap [Guru Kaperoni] has done the research, a great deal more than most...I do not agree with the 'float' theory... Agree that there will not be any significant overnight RV...I came into this in 2004 on the basis that the IQD could rise to around 10 cents under what was then the 7 year plan. By the time of the financial crisis it was fairly obvious that was not going to happen...I have said this before, that if there is to be any return it is not going to come from Iraq but possibly some sort of financial realignment on a global basis, but even that is a long shot...
3-3-2020 Intel Guru Okie_Oil_Man ...WHEN I ROSE UP THIS MORNING I THOUGHT THIS BEING SUPER TUESDAY I WOULD HAVE THE CONTACT INFORMATION PROMISED ME. WELL—I AM STILL WAITING AND AM STILL EXPECTING THE NOTIFICATION ANY MOMENT. THE PROCESS IS IN THE HANDS OF THE U.S.T. AND THEY WON'T SHARE THEIR SECRET'S WITH ME...ALSO THE RATE MAY BE DIFFERENT THAN WE THOUGHT BUT SHOULD SATISIFY EVERYONE. WE WILL BE DEALING WITH THE U.S.T. REGARDLESS OF OUR EXCHANGE AND REDEMPTION BANK CHOSEN. THE SECURITY AND SAFETY OF OUR U.S.T. ACCOUNT WILL BE ASSURED.
3-3-2020 Newshound Guru Vital Brad ...with all the struggle of getting the government seated things are still moving forward in the banking sector of Iraq. They've actually created...an international payment system through MasterCard. It's called the Qi Card. My question is why do they need an International payment card while their money isn't even international yet? ...Iraq isn't an internationally recognized currency...Their currency needs to be reinstated in the near future based on this technology in this card coming out...
3-3-2020 Intel Guru MarkZ [Any truth to the rumor that no RV until after the elections?] No…especially with the corona virus, the pandemic, the shut down of the global economy is going to force it…I still think this is the perfect storm to see the reset...I think we will see a lot of activity this week…whether or not we see the reset. Don’t panic…this is happening…
3-3-2020 Newshound Guru Jeff ...we don't know the whole truth to their elections. That's where they lie the most to the media...their politics...You have to look at the bigger picture...They used the entire year of '19 to set the stage and they still used part of Q1 2020 to set the stage. All of the facts show - they've set a temporary budget. They've delayed the 2020 budget to where they're not going to even start approving it until after the rate change. And they've blatantly told you what's in the 2020 budget. They told you the deficit is the reforms. They told us this budget contains everything for the citizens. Article 140. HCL. They told us all this. There's no question there. We know that factually. So when you look at the big picture everything factually shows they've set the stage to be ready for the rate change...
3-3-2020 Newshound Guru Pimpy ...if this rumor is true this is the type of PM we want to see go in there. Dr. Shabibi...When he was governor of the Central Bank he had a lot of different great relationships with the different blocks...why I would love for him to get in there is because he said this recently...although the IMF and the World Bank have implemented policies that help keep the CBI inflation really low in his opinion their monetary policies did not allow for the growth of Iraq. He said a rate change needed to take place. He wanted to increase the rate. Not at the $3.20 but he is one of the guys that talked about there having to be a "sweet spot". If we can magically get this guy in there as PM I feel way positive that a rate change would happen. I would love to see if this rumor is true.
3-3-2020 Newshound/Intel Guru Mnt Goat Just so you know…The legal expert, Tariq Harb, resolved Friday, the controversy over the possibility of not giving confidence to the government of the Prime Minister-designate, Muhammad Tawfiq Allawi, while the constitution affirmed that the President of the Republic was given the right to assign another candidate according to his opinion and to choose him without referring to the more bloc if parliament did not give confidence To the government in charge of. One way or the other Iraq will get its new prime minister to meet the legal deadline of 30 days from February 2nd which is March 3rd. [post 2 of 2]
3-3-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation and demands the blocs to choose an alternative." Quote: “The President of the Republic: Consultation will be held to select a replacement candidate for Allawi within 15 days”. Then the candidate will have 30 days to get his cabinet ratified through parliament. So here we go again. I have to tell everyone this is almost the worst possible situation we could be in right now. We must all ...pray for a miracle. I am still being told that Allawi is the 3rd miracle for us in this evil fight against corruption. So I don’t know what kind of twist in fate is going to happen to bring about this miracle. Let us just relax and watch it play out. [post 1 of 2....stay tuned]
3-3-2020 Newshound Guru Adam Montana Article: "Iraq’s PM-designate Allawi steps down" Interesting development for sure... the next 36 hours are going to tell us a lot. Stay calm, everyone! ...This could turn out to be another delay or it might spark the best fire we could hope for.
3-3-2020 Intel Guru Frank26 I ask the question - What does the GOI have to do with the CBI's monetary reform? ...Nothing...there is one important thing though. The citizens of Iraq must believe in the GOI. They must believe in the plan...
3-3-2020 Intel Guru Delta ...Does the Central Bank of Iraq really need the government or the budget to reinstate their currency? ...IMO the answer is no...the Central Bank of Iraq does not need the government in place for them to lift the value...
3-3-2020 Intel/Newshound Guru sandyf It cannot be disputed that Kap [Guru Kaperoni] has done the research, a great deal more than most...I do not agree with the 'float' theory... Agree that there will not be any significant overnight RV...I came into this in 2004 on the basis that the IQD could rise to around 10 cents under what was then the 7 year plan. By the time of the financial crisis it was fairly obvious that was not going to happen...I have said this before, that if there is to be any return it is not going to come from Iraq but possibly some sort of financial realignment on a global basis, but even that is a long shot...
3-3-2020 Intel Guru Okie_Oil_Man ...WHEN I ROSE UP THIS MORNING I THOUGHT THIS BEING SUPER TUESDAY I WOULD HAVE THE CONTACT INFORMATION PROMISED ME. WELL—I AM STILL WAITING AND AM STILL EXPECTING THE NOTIFICATION ANY MOMENT. THE PROCESS IS IN THE HANDS OF THE U.S.T. AND THEY WON'T SHARE THEIR SECRET'S WITH ME...ALSO THE RATE MAY BE DIFFERENT THAN WE THOUGHT BUT SHOULD SATISIFY EVERYONE. WE WILL BE DEALING WITH THE U.S.T. REGARDLESS OF OUR EXCHANGE AND REDEMPTION BANK CHOSEN. THE SECURITY AND SAFETY OF OUR U.S.T. ACCOUNT WILL BE ASSURED.
3-3-2020 Newshound Guru Vital Brad ...with all the struggle of getting the government seated things are still moving forward in the banking sector of Iraq. They've actually created...an international payment system through MasterCard. It's called the Qi Card. My question is why do they need an International payment card while their money isn't even international yet? ...Iraq isn't an internationally recognized currency...Their currency needs to be reinstated in the near future based on this technology in this card coming out...
3-3-2020 Intel Guru MarkZ [Any truth to the rumor that no RV until after the elections?] No…especially with the corona virus, the pandemic, the shut down of the global economy is going to force it…I still think this is the perfect storm to see the reset...I think we will see a lot of activity this week…whether or not we see the reset. Don’t panic…this is happening…
3-3-2020 Newshound Guru Jeff ...we don't know the whole truth to their elections. That's where they lie the most to the media...their politics...You have to look at the bigger picture...They used the entire year of '19 to set the stage and they still used part of Q1 2020 to set the stage. All of the facts show - they've set a temporary budget. They've delayed the 2020 budget to where they're not going to even start approving it until after the rate change. And they've blatantly told you what's in the 2020 budget. They told you the deficit is the reforms. They told us this budget contains everything for the citizens. Article 140. HCL. They told us all this. There's no question there. We know that factually. So when you look at the big picture everything factually shows they've set the stage to be ready for the rate change...
3-3-2020 Newshound Guru Pimpy ...if this rumor is true this is the type of PM we want to see go in there. Dr. Shabibi...When he was governor of the Central Bank he had a lot of different great relationships with the different blocks...why I would love for him to get in there is because he said this recently...although the IMF and the World Bank have implemented policies that help keep the CBI inflation really low in his opinion their monetary policies did not allow for the growth of Iraq. He said a rate change needed to take place. He wanted to increase the rate. Not at the $3.20 but he is one of the guys that talked about there having to be a "sweet spot". If we can magically get this guy in there as PM I feel way positive that a rate change would happen. I would love to see if this rumor is true.
3-3-2020 Newshound/Intel Guru Mnt Goat Just so you know…The legal expert, Tariq Harb, resolved Friday, the controversy over the possibility of not giving confidence to the government of the Prime Minister-designate, Muhammad Tawfiq Allawi, while the constitution affirmed that the President of the Republic was given the right to assign another candidate according to his opinion and to choose him without referring to the more bloc if parliament did not give confidence To the government in charge of. One way or the other Iraq will get its new prime minister to meet the legal deadline of 30 days from February 2nd which is March 3rd. [post 2 of 2]
3-3-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation and demands the blocs to choose an alternative." Quote: “The President of the Republic: Consultation will be held to select a replacement candidate for Allawi within 15 days”. Then the candidate will have 30 days to get his cabinet ratified through parliament. So here we go again. I have to tell everyone this is almost the worst possible situation we could be in right now. We must all ...pray for a miracle. I am still being told that Allawi is the 3rd miracle for us in this evil fight against corruption. So I don’t know what kind of twist in fate is going to happen to bring about this miracle. Let us just relax and watch it play out. [post 1 of 2....stay tuned]
3-3-2020 Newshound Guru Adam Montana Article: "Iraq’s PM-designate Allawi steps down" Interesting development for sure... the next 36 hours are going to tell us a lot. Stay calm, everyone! ...This could turn out to be another delay or it might spark the best fire we could hope for.
3-3-2020 Intel Guru Frank26 I ask the question - What does the GOI have to do with the CBI's monetary reform? ...Nothing...there is one important thing though. The citizens of Iraq must believe in the GOI. They must believe in the plan...
3-2-2020 Newshound/Intel Guru Walkingstick As a caretaker government Mahdi and his cabinet cannot issue bills to parliament but they can issue directives to other branches of the government. ie: release of funds to citizens, claim a holiday, etc..These do not require a vote in parliament...I agree, and yet the CBI has been prepared for quite some time... An event, Mahdi failed twice in its implementation...Myself, I put no faith in their abiding by their constitution... They opt to select when to abide by it when it's in ones best interest... In the years since it was voted on, all sitting governments have been in violation... Article 140, HCL... only 2 of many clear violations... [post 2 of 2]
3-2-2020 Newshound/Intel Guru Walkingstick IMO...Too much, focus...on Allawi...Keep in mind, whether...Allawi is seated or not...Iraq, does have...a seated and functioning government/cabinet in place...which, continues to convene and issue directives under Mahdi...Mahdi and his cabinet (form) nothing more then a care-taker government...Yet, they are in fact a seated government... Nor, can they now or have they ever had the authority to vote on a bill, to become law...The PM and his cabinet propose bills, which...in turn, are forwarded to parliament for a vote, which are then voted on...becoming law, or not... Parliament, on the other hand... is not, part of the executive branch... Any bill that has reached parliament, sitting in parliament (100's ) or was approved prior to Mahdis resignation can be voted on in parliament. ie: 2020 budget.. Parliament must also vote on the acceptance of a cabinet put forward by any PM... [post 1 of 2....stay tuned]
3-2-2020 Intel Guru MarkZ I am told we have had delays but should be getting news this afternoon. ...I expect Iraq to come fully on board as soon as they are allowed to see the release…we will see everything come together…the government miraculously sat…and all those issues gone…boom. [Do you think the uncertainty of the corona virus will hamper the redemption centers?] I was thinking this was a perfect storm to get it done…but I guess it could…staff not wanting to go to work to be exposed? I don’t think we should worry about it…I think it’s a bigger scare then it should be.
3-2-2020 Newshound Guru Jeff Article "Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people". Quote - "It is the budget of the patient Iraqi people." Do you know why it's the budget of the people? It's actually never been the budget of the people before but it is now because this is the budget that has everything in it that's post rate change that is for the people. The reforms. The reconstruction...This is the first budget that's going to rebuild their entire country. That's going to give them a better life...
3-2-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people" All the bounce back and forth in politics in regard to the PM, is creating even more stress on and toward the end result to be sooner now than later for the economic reforms to be completed now. The oil price decline, the fears of corona virus, unemployment, economic stagnation, etc., the list goes on! The advice it appears to be from Samir al-Nassiri, is to get the reforms done and now. imo!
3-2-2020 Newshound Guru Vital Brad ...Allawi's government did not pass and the deadline was today to make it happen...what does this mean? What happens now? ...there's been talks about having a final session to pass Allawi's government but Haibousi, he's the speaker of parliament, he reminds me of Adam Schiff or Nancy Pelosi, he's trying to stop this at all costs. He's come forth and said times up. He's unsuccessful. Game over. This is what he wanted all along...Allawi officially apologized for the failure and announced his withdrawal. He wrote a letter to the President of the republic...Article Quote: "Saleh will begin consultation to select an alternative candidate within a period of 15 days." 15 days will put us at the 17th or 18th of March...
3-2-2020 Newshound Guru Jeff ...remember they...play a ton of games regarding their politics in the media. So be careful how you receive that [the prime minister tentatively resigning]...Even with what's going on they still have a stable enough government to change the rate. Remember, the CBI never said they needed to have a fully completed seat of government. What the CBI said before they agree to delete the zeros they said Iraq needs to remove their corruption...the corruption is gone...I'm not worried about the formation of the government. That's why I don't put a huge emphasis on it...
3-2-2020 Newshound Guru Chattels "Iraqi President Bahram Salih accepts the withdrawal of Mohammed Allawi as PM nominee & begins look for a new candidate."; "#Iraq PM designate@MohammedAllawi just tweeted he'll not make further attempts to form an Iraqi govt following failure of parliament to get quorum to vote on his candidates. Key question now is who will be the next designate charged by the Iraq president, within 15 days."
3-2-2020 Newshound Guru MilitiaMan Article: "Urgent .. Sources: Allawi Is Preparing To Announce His Withdrawal From The Mandate To Form A Government" I am not buying this latest news on withdrawal.. Not yet anyway.. Way to much at stake at this stage. And not to forget the accomplishments of the CBI.. The country still needs to run on money. Oil is putting pressure on everyone in the Region...
3-2-2020 Newshound/Intel Guru Walkingstick IMO...Too much, focus...on Allawi...Keep in mind, whether...Allawi is seated or not...Iraq, does have...a seated and functioning government/cabinet in place...which, continues to convene and issue directives under Mahdi...Mahdi and his cabinet (form) nothing more then a care-taker government...Yet, they are in fact a seated government... Nor, can they now or have they ever had the authority to vote on a bill, to become law...The PM and his cabinet propose bills, which...in turn, are forwarded to parliament for a vote, which are then voted on...becoming law, or not... Parliament, on the other hand... is not, part of the executive branch... Any bill that has reached parliament, sitting in parliament (100's ) or was approved prior to Mahdis resignation can be voted on in parliament. ie: 2020 budget.. Parliament must also vote on the acceptance of a cabinet put forward by any PM... [post 1 of 2....stay tuned]
3-2-2020 Intel Guru MarkZ I am told we have had delays but should be getting news this afternoon. ...I expect Iraq to come fully on board as soon as they are allowed to see the release…we will see everything come together…the government miraculously sat…and all those issues gone…boom. [Do you think the uncertainty of the corona virus will hamper the redemption centers?] I was thinking this was a perfect storm to get it done…but I guess it could…staff not wanting to go to work to be exposed? I don’t think we should worry about it…I think it’s a bigger scare then it should be.
3-2-2020 Newshound Guru Jeff Article "Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people". Quote - "It is the budget of the patient Iraqi people." Do you know why it's the budget of the people? It's actually never been the budget of the people before but it is now because this is the budget that has everything in it that's post rate change that is for the people. The reforms. The reconstruction...This is the first budget that's going to rebuild their entire country. That's going to give them a better life...
3-2-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people" All the bounce back and forth in politics in regard to the PM, is creating even more stress on and toward the end result to be sooner now than later for the economic reforms to be completed now. The oil price decline, the fears of corona virus, unemployment, economic stagnation, etc., the list goes on! The advice it appears to be from Samir al-Nassiri, is to get the reforms done and now. imo!
3-2-2020 Newshound Guru Vital Brad ...Allawi's government did not pass and the deadline was today to make it happen...what does this mean? What happens now? ...there's been talks about having a final session to pass Allawi's government but Haibousi, he's the speaker of parliament, he reminds me of Adam Schiff or Nancy Pelosi, he's trying to stop this at all costs. He's come forth and said times up. He's unsuccessful. Game over. This is what he wanted all along...Allawi officially apologized for the failure and announced his withdrawal. He wrote a letter to the President of the republic...Article Quote: "Saleh will begin consultation to select an alternative candidate within a period of 15 days." 15 days will put us at the 17th or 18th of March...
3-2-2020 Newshound Guru Jeff ...remember they...play a ton of games regarding their politics in the media. So be careful how you receive that [the prime minister tentatively resigning]...Even with what's going on they still have a stable enough government to change the rate. Remember, the CBI never said they needed to have a fully completed seat of government. What the CBI said before they agree to delete the zeros they said Iraq needs to remove their corruption...the corruption is gone...I'm not worried about the formation of the government. That's why I don't put a huge emphasis on it...
3-2-2020 Newshound Guru Chattels "Iraqi President Bahram Salih accepts the withdrawal of Mohammed Allawi as PM nominee & begins look for a new candidate."; "#Iraq PM designate@MohammedAllawi just tweeted he'll not make further attempts to form an Iraqi govt following failure of parliament to get quorum to vote on his candidates. Key question now is who will be the next designate charged by the Iraq president, within 15 days."
3-2-2020 Newshound Guru MilitiaMan Article: "Urgent .. Sources: Allawi Is Preparing To Announce His Withdrawal From The Mandate To Form A Government" I am not buying this latest news on withdrawal.. Not yet anyway.. Way to much at stake at this stage. And not to forget the accomplishments of the CBI.. The country still needs to run on money. Oil is putting pressure on everyone in the Region...
3-1-2020 Intel Guru RayRen98 Sunday's vote has been postponed to Monday due to a lack of quorum. Baghdad news is broadcasting that Sadr is officially placed on the terrorist list for his actions regarding the murder of protestors. He faces severe sanctions from the US. It is rumored that Allawi will announce that he is resigning the Prime Minister appointment. Iraqi TV is reporting that Allawi will be a giving speech announcing his withdrawal from forming a cabinet. Time Will Tell!
3-1-2020 Intel Guru Frank26 Question How many days will it take the bank to credit our accounts at the exchange? You trade in a million dinar and it's worth a million dollars you get a million dollars credited to your bank account...electronically it's instantly...
3-1-2020 Newshound Guru Whitelions COUNCIL OF REPRESENTATIVES SESSION ADJOURNS FOR DAY AFTER FAILING TO ACHIEVE QUORUM...ULAIMANI — A session of the Council of Representatives on Sunday (March 1) to vote on Prime Minister-designate Mohammed Tawfiq Allawi’s proposed cabinet has been postponed after failing to achieve quorum.
3-1-2020 Intel Guru Delta & Newshound Guru MilitiaMan Delta: THIS IS THE PROVE [PROOF ?] OF ARTICLE VIII FROM CBI 55 PAGES DOCUMENTS ... Quote: "...and Iraq’s commitment to international agreements, in particular the application of provisions of texts Article 8 of the International Monetary Fund agreement..." MilitiaMan: Thank you Delta, bringing in the proof is fascinatingly apropos. You supported the data we have that they the CBI has offered the public. They have given notice of a change to come. They are on a time line now... That [document] gives legal text examples of the meaning for Foreign Currency and Hard Currency (USD) with respect to samples of internationalism to go along with it. They have and will have obligations now that they came out with that data. Whoo yahhh! imo Lets hope we see the train stop and the whistle blows the IQD announcement of a new international rate...!
3-1-2020 Intel Guru Frank26 Question: Do you think the CBI is itching to push the button right after the announcement of the new seated government? I don't know if the CBI is itching but I know we are. The United States is. The Fab 4 - all those who have taken them to that level they're at now. I know I am as an investor. I know contractors are definitely itching for that button to be pushed. As far as the CBI itself, the first flapping of the wings leaving the nest they're not easy...I think they're ready. And I think they're willing. And I think they're being pushed to the point whether they like it or not...
3-1-2020 Newshound Guru MilitiaMan ...From the CBIs perspective they are and have been ready and it is my understanding the CBI has publicly shown the citizens they are accepting the IMF obligations of Article 8. That was back on the 23rd of February 2020 in a 55 page report in Arabic. It mentions getting the flow of money to the citizens, lifting restrictions on their funds and allow freedom of external transfers of such funds. That report has me of the mind once it was published for the citizens, it was notice to the BIS...the citizens, and then to us that they are going to be lifting the exchange rate at a very close point in time, imo. Add in the printing of new notes, minting coins, all have been done with the afore being and end game notification if you will.. imo...
3-1-2020 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on government of PM Mohammed Allawi due to lack of attendance.
3-1-2020 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA SHIP'S AT SEA AND ALL OF OUR WORLD FRIENDS... WE ARE ONLY HOURS AWAY AND AT MOST A FEW DAYS OF RECEIVING OUR BLESSING...SOURCES ARE STATING OF THE PROBABILITY (POSSIBLE) OF THE RELEASE AT ANYTIME BUT MORE LIKELY AFTER MARCH 1. THAT MEANS THAT ANYTIME AFTER...(SUNDAY) WE STAND AN EXCELLENT CHANCE OF RECEIVING OUR NOTIFICATIONS. ...I HAVE RECEIVED ADDITIONAL INTEL REGARDING—RATES....THE RATES ON THE INTERNATIONAL CURRENCIES REMAINS HIGH AND CONTRACT RATES EVEN HIGHER.
3-1-2020 Intel Guru Frank26 Question How many days will it take the bank to credit our accounts at the exchange? You trade in a million dinar and it's worth a million dollars you get a million dollars credited to your bank account...electronically it's instantly...
3-1-2020 Newshound Guru Whitelions COUNCIL OF REPRESENTATIVES SESSION ADJOURNS FOR DAY AFTER FAILING TO ACHIEVE QUORUM...ULAIMANI — A session of the Council of Representatives on Sunday (March 1) to vote on Prime Minister-designate Mohammed Tawfiq Allawi’s proposed cabinet has been postponed after failing to achieve quorum.
3-1-2020 Intel Guru Delta & Newshound Guru MilitiaMan Delta: THIS IS THE PROVE [PROOF ?] OF ARTICLE VIII FROM CBI 55 PAGES DOCUMENTS ... Quote: "...and Iraq’s commitment to international agreements, in particular the application of provisions of texts Article 8 of the International Monetary Fund agreement..." MilitiaMan: Thank you Delta, bringing in the proof is fascinatingly apropos. You supported the data we have that they the CBI has offered the public. They have given notice of a change to come. They are on a time line now... That [document] gives legal text examples of the meaning for Foreign Currency and Hard Currency (USD) with respect to samples of internationalism to go along with it. They have and will have obligations now that they came out with that data. Whoo yahhh! imo Lets hope we see the train stop and the whistle blows the IQD announcement of a new international rate...!
3-1-2020 Intel Guru Frank26 Question: Do you think the CBI is itching to push the button right after the announcement of the new seated government? I don't know if the CBI is itching but I know we are. The United States is. The Fab 4 - all those who have taken them to that level they're at now. I know I am as an investor. I know contractors are definitely itching for that button to be pushed. As far as the CBI itself, the first flapping of the wings leaving the nest they're not easy...I think they're ready. And I think they're willing. And I think they're being pushed to the point whether they like it or not...
3-1-2020 Newshound Guru MilitiaMan ...From the CBIs perspective they are and have been ready and it is my understanding the CBI has publicly shown the citizens they are accepting the IMF obligations of Article 8. That was back on the 23rd of February 2020 in a 55 page report in Arabic. It mentions getting the flow of money to the citizens, lifting restrictions on their funds and allow freedom of external transfers of such funds. That report has me of the mind once it was published for the citizens, it was notice to the BIS...the citizens, and then to us that they are going to be lifting the exchange rate at a very close point in time, imo. Add in the printing of new notes, minting coins, all have been done with the afore being and end game notification if you will.. imo...
3-1-2020 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on government of PM Mohammed Allawi due to lack of attendance.
3-1-2020 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA SHIP'S AT SEA AND ALL OF OUR WORLD FRIENDS... WE ARE ONLY HOURS AWAY AND AT MOST A FEW DAYS OF RECEIVING OUR BLESSING...SOURCES ARE STATING OF THE PROBABILITY (POSSIBLE) OF THE RELEASE AT ANYTIME BUT MORE LIKELY AFTER MARCH 1. THAT MEANS THAT ANYTIME AFTER...(SUNDAY) WE STAND AN EXCELLENT CHANCE OF RECEIVING OUR NOTIFICATIONS. ...I HAVE RECEIVED ADDITIONAL INTEL REGARDING—RATES....THE RATES ON THE INTERNATIONAL CURRENCIES REMAINS HIGH AND CONTRACT RATES EVEN HIGHER.
2-29-2020 Newshound Guru MilitiaMan Just an interesting observation, imo. Allawi asks for an extra day to vote Cabinet confidence...But, to also note, what Allawi may have done is asked for this to go out one more day and got it...to assure the vote has no more wiggle room. Allawi has everything to gain and Parliament has everything to lose. imo Looks like somewhat of a Russian Roulette play...Allawi has been westernized... He apparently learned well and has a flavor for tactics and business... Something he has in common with the USA and Great Britain I suspect. He works at the western world speed, thereby, does things on time and or early. I also note...Quote: "The political expert, Bassel Hussein, confirmed that the date of expiry of Muhammad Tawfiq Allawi's mandate to form the government falls on the eighth of next March." The mandate suggests it has out to the 8th of March.. Okay? But, the assigning is for the 3rd. imo. What a Super Tuesday that will be? lol imo.
2-29-2020 Intel Guru Frank26 ...I told you when this thing happens you think the hard part has ended? No, the hard part is just starting for you. You're going to have to make some decisions with this money and if you make the wrong decisions, oh boy. Based on the way I see people study the Iraqi dinar I am scared they are going to become 'lottery winners' and lose everything within about 4 years...
2-29-2020 Newshound Guru Vital Brad We've just been notified that the parliament session that was supposed to held today on Saturday is now pushed to Sunday. They pushed it back a day. There still seems like a lot of urgency to get it done...by Monday March 2nd that's Allawi's last day to have his government set. Otherwise they can remove him as the Prime Minister and basically gonna start the process over. Tomorrow is gonna be a big day...things are really getting exciting with the Iraq stuff...
2-29-2020 Intel Guru MarkZ I hear once he gets the vote of confidence he will seat his cabinet within 72 hours…most of it was already approved.
2-29-2020 Intel Guru RayRen98 ALLAWI RECENTLY ANNOUNCED MAKING A DEAL WITH THE KURDS AND SUNNI'S. IT IS EXPECTED THAT THE CABINET WILL PASS ON SUNDAY'S VOTE - TIME WILL TELL
2-29-2020 Newshound Guru Vital Brad ...after going through several different documents...IMO...Iraq currency, they are not technically manipulating it. They're decommissioned. They were a war-torn country so they're having to take certain steps to get their currency reinstated so technically they're not manipulating their currency. But here's the good thing. What this forces Iraq to do is when their currency is reinstated...and this revaluation does happen, we know that their currency is gonna have to revalue at a fair amount. At least, IMO, 1 to 1 with the U.S. dollar - if not more.
2-29-2020 Newshound Guru Pimpy What does Iraq really need to do? They need to start developing companies, other streams of income away from the oil...they rely on it so much it's the biggest part of the GDP. But guess what? There's some very interesting news...It could just be we're about to get some outside investors in there. You know what happens if the outside investors get in there? They have do something with the rate. It can't be this low and it can't be too high...$1.34...they need this...these announcements just came out. Military industry, parking, food, dairy, bricks. This is a great opportunity for people to invest in Iraq. But more importantly it's about damn time to open their doors so that we could get these outside investors in there so we could change their freak'n rate of the dinar...we need this...
2-29-2020 Intel Guru Footforward They are out to destroy Allawi because he's exposing the corruption. MP's were paid to not show up and confirm the government in Iraq...
2-29-2020 Newshound Guru Kaperoni I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetary policy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2-29-2020 Intel Guru Frank26 ...I told you when this thing happens you think the hard part has ended? No, the hard part is just starting for you. You're going to have to make some decisions with this money and if you make the wrong decisions, oh boy. Based on the way I see people study the Iraqi dinar I am scared they are going to become 'lottery winners' and lose everything within about 4 years...
2-29-2020 Newshound Guru Vital Brad We've just been notified that the parliament session that was supposed to held today on Saturday is now pushed to Sunday. They pushed it back a day. There still seems like a lot of urgency to get it done...by Monday March 2nd that's Allawi's last day to have his government set. Otherwise they can remove him as the Prime Minister and basically gonna start the process over. Tomorrow is gonna be a big day...things are really getting exciting with the Iraq stuff...
2-29-2020 Intel Guru MarkZ I hear once he gets the vote of confidence he will seat his cabinet within 72 hours…most of it was already approved.
2-29-2020 Intel Guru RayRen98 ALLAWI RECENTLY ANNOUNCED MAKING A DEAL WITH THE KURDS AND SUNNI'S. IT IS EXPECTED THAT THE CABINET WILL PASS ON SUNDAY'S VOTE - TIME WILL TELL
2-29-2020 Newshound Guru Vital Brad ...after going through several different documents...IMO...Iraq currency, they are not technically manipulating it. They're decommissioned. They were a war-torn country so they're having to take certain steps to get their currency reinstated so technically they're not manipulating their currency. But here's the good thing. What this forces Iraq to do is when their currency is reinstated...and this revaluation does happen, we know that their currency is gonna have to revalue at a fair amount. At least, IMO, 1 to 1 with the U.S. dollar - if not more.
2-29-2020 Newshound Guru Pimpy What does Iraq really need to do? They need to start developing companies, other streams of income away from the oil...they rely on it so much it's the biggest part of the GDP. But guess what? There's some very interesting news...It could just be we're about to get some outside investors in there. You know what happens if the outside investors get in there? They have do something with the rate. It can't be this low and it can't be too high...$1.34...they need this...these announcements just came out. Military industry, parking, food, dairy, bricks. This is a great opportunity for people to invest in Iraq. But more importantly it's about damn time to open their doors so that we could get these outside investors in there so we could change their freak'n rate of the dinar...we need this...
2-29-2020 Intel Guru Footforward They are out to destroy Allawi because he's exposing the corruption. MP's were paid to not show up and confirm the government in Iraq...
2-29-2020 Newshound Guru Kaperoni I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetary policy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2-28-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD ALLAWI CONFIRMS EARLY ELECTIONS: THE GOVERNMENT PROGRAM INCLUDES HOLDING IT WITHIN A YEAR" Quote: “WE AFFIRM THAT THE INDEPENDENT HIGH ELECTORAL COMMISSION WILL PROVIDE US WITH A SPECIFIC DATE THAT DOES NOT EXCEED A YEAR from this day.” I sincerely believe we will be out of this investment by then.
2-28-2020 Newshound Guru Chattels For a parliament session to obtain a quorum, half plus one of its members must show up to vote — which is 168 members. Half plus one of the attendees must vote for the Cabinet to approve it. This means Shiite parties can hold the parliament session or make quorum without the Sunni and Kurds, but today there were Shia defectors also and even if the Shia can muster quorum and decision without the support of Sunni and Kurdish parties will add to an already divisive situation in Iraq , in my view.
2-28-2020 Intel Guru Bruce I’m hearing that if we even got notified on Friday afternoon we could start Saturday - If we get notified on Saturday we could start Saturday afternoon... We probably won’t skip over Sunday unless we get notified prior to that and it could put us into a Mon-Tues start again – notified and start on Tuesday which is march 3rd – so this thing has really – really dragged out - to a very slow roll...so we are either very very close or we might not get it until past the weekend and we start Monday/Tuesday - That’s the latest I’ve got on that... I’ll just tell you this - we should have the Dinar at whatever rate it comes in – I don’t know where it’s going to end up – but the Dong should be 25-40 cents below the Dinar...Let’s see what happens between now and Tuesday...
2-28-2020 Intel Guru Frank26 ...On the 24th I think they pushed the button that 15 days later this Cabinet and this Prime Minister would receive the new budget that God willing with the new rate...
2-28-2020 Intel Guru MarkZ [Guru] Mr. Cottrell and I spoke this morning. This could be the absolute “Perfect Storm” we have been looking for. We know that financially we have been so close and now we have a rolling correction or a “rolling crash” as it rolls from one nation to the next. It is not a complete and total sell off...it is a very sharp correction. This is painting them in a corner. How better to save the world then to say “Hey…we have to stem this crash because of the corona virus…and this is how we are going to do it…with asset backed currency. There could not be a better opportunity to kick this in…This is in his opinion and mine.
2-28-2020 Newshound Guru Vital Brad Article "Iraq fails to form new government, prolonging crisis". They were supposed to meet on Thursday.
Allawi showed up. About a hundred members of parliament showed up and they couldn't get the job done...Allawi wants to put in what's called technocrats. People that aren't necessarily associated with a party...To try to get rid of this corruption...Allawi is really doing what the people of Iraq want. They want that Iranian influence out and by him coming in and putting a cabinet of technocrats or basically independents in potentially could take away that corruption...If he doesn't get it done by March 2nd, we're talking Monday, then his time's up...They're supposed to meet tomorrow. They've got to get it done tomorrow [By Monday at latest] otherwise Allawi's out. What does that mean? This thing could get dragged out...
2-28-2020 Newshound Guru Pimpy We've been trying to figure out if Iraq has the money to cover an exchange rate of $3.20. There's a lot of good arguments for it. I get it. I really do...but you know the amount of currency that Iraq has issued is way higher than what Kuwait has. It's not like a little bit. It's drastically higher. I mean huge. So that really lowers the value of the dinar because they have so much out there. What I'm hoping makes a difference is less than 5% of it is in country. I still think about 90% of it, 92% of it is in central banks everywhere. Not as much as people think are out there in the hands of spectators. I'm hoping that Iraq, IMF and World Bank realize that although there are some that are in the hands of the public but there's not that much of it. That they could go ahead and take a chance on a higher rate. In order for Iraq to really grow economically they're going to have to come out with the sweet spot. We know this...
2-28-2020 Newshound Guru Jeff ...since the beginning of the year I basically said...Iraq would take their sweet time because they really had nothing left to do and that's playing out tremendously within the formation of the government...they are milking the formation of the government. IMO though the formation of the government is done. Complete. I really wouldn't worry about it...we're at the end of this ride...it's all coming together right before our eyes...
2-28-2020 Intel Guru Footforward There has been a shift in the middle east and in Iraq. I hope people can see that. It's why I believe the RV is coming. Why I say actual progress is finally being made.
2-28-2020 Intel Guru Frank26 ...everything is ready to go. All you need is the rate. Because the rate change has to come before or with the budget. It's that simple...
2-28-2020 Newshound Guru Chattels For a parliament session to obtain a quorum, half plus one of its members must show up to vote — which is 168 members. Half plus one of the attendees must vote for the Cabinet to approve it. This means Shiite parties can hold the parliament session or make quorum without the Sunni and Kurds, but today there were Shia defectors also and even if the Shia can muster quorum and decision without the support of Sunni and Kurdish parties will add to an already divisive situation in Iraq , in my view.
2-28-2020 Intel Guru Bruce I’m hearing that if we even got notified on Friday afternoon we could start Saturday - If we get notified on Saturday we could start Saturday afternoon... We probably won’t skip over Sunday unless we get notified prior to that and it could put us into a Mon-Tues start again – notified and start on Tuesday which is march 3rd – so this thing has really – really dragged out - to a very slow roll...so we are either very very close or we might not get it until past the weekend and we start Monday/Tuesday - That’s the latest I’ve got on that... I’ll just tell you this - we should have the Dinar at whatever rate it comes in – I don’t know where it’s going to end up – but the Dong should be 25-40 cents below the Dinar...Let’s see what happens between now and Tuesday...
2-28-2020 Intel Guru Frank26 ...On the 24th I think they pushed the button that 15 days later this Cabinet and this Prime Minister would receive the new budget that God willing with the new rate...
2-28-2020 Intel Guru MarkZ [Guru] Mr. Cottrell and I spoke this morning. This could be the absolute “Perfect Storm” we have been looking for. We know that financially we have been so close and now we have a rolling correction or a “rolling crash” as it rolls from one nation to the next. It is not a complete and total sell off...it is a very sharp correction. This is painting them in a corner. How better to save the world then to say “Hey…we have to stem this crash because of the corona virus…and this is how we are going to do it…with asset backed currency. There could not be a better opportunity to kick this in…This is in his opinion and mine.
2-28-2020 Newshound Guru Vital Brad Article "Iraq fails to form new government, prolonging crisis". They were supposed to meet on Thursday.
Allawi showed up. About a hundred members of parliament showed up and they couldn't get the job done...Allawi wants to put in what's called technocrats. People that aren't necessarily associated with a party...To try to get rid of this corruption...Allawi is really doing what the people of Iraq want. They want that Iranian influence out and by him coming in and putting a cabinet of technocrats or basically independents in potentially could take away that corruption...If he doesn't get it done by March 2nd, we're talking Monday, then his time's up...They're supposed to meet tomorrow. They've got to get it done tomorrow [By Monday at latest] otherwise Allawi's out. What does that mean? This thing could get dragged out...
2-28-2020 Newshound Guru Pimpy We've been trying to figure out if Iraq has the money to cover an exchange rate of $3.20. There's a lot of good arguments for it. I get it. I really do...but you know the amount of currency that Iraq has issued is way higher than what Kuwait has. It's not like a little bit. It's drastically higher. I mean huge. So that really lowers the value of the dinar because they have so much out there. What I'm hoping makes a difference is less than 5% of it is in country. I still think about 90% of it, 92% of it is in central banks everywhere. Not as much as people think are out there in the hands of spectators. I'm hoping that Iraq, IMF and World Bank realize that although there are some that are in the hands of the public but there's not that much of it. That they could go ahead and take a chance on a higher rate. In order for Iraq to really grow economically they're going to have to come out with the sweet spot. We know this...
2-28-2020 Newshound Guru Jeff ...since the beginning of the year I basically said...Iraq would take their sweet time because they really had nothing left to do and that's playing out tremendously within the formation of the government...they are milking the formation of the government. IMO though the formation of the government is done. Complete. I really wouldn't worry about it...we're at the end of this ride...it's all coming together right before our eyes...
2-28-2020 Intel Guru Footforward There has been a shift in the middle east and in Iraq. I hope people can see that. It's why I believe the RV is coming. Why I say actual progress is finally being made.
2-28-2020 Intel Guru Frank26 ...everything is ready to go. All you need is the rate. Because the rate change has to come before or with the budget. It's that simple...
2-27-2020 Newshound Guru Pimpy ...I keep saying the rate's gonna come out about $1.34. I get that people are gonna try to make an argument for $3.20. I could tell you right now that the government of Iraq wants $3.20. They make a good argument for it...when it comes to the oil nations there's only like 3 countries that are less than I think $1.35. Most of them are all over $1. So yeah there's good reason to believe this but the point is what does Iraq have to support the rate? ...Iraq has to come out at the sweet spot or else it's really gonna kill them...
2-27-2020 Newshound Guru Jeff ...When the rate change occurs the US financial markets are gonna spike up, jump and dance. The markets were already too high. They were risking inflation so they had to bring the markets back down as a correction by the excuse of the Caronavirus so when the rate changes it can shoot back up to where they just came from...
2-27-2020 Intel Guru RayRen98 The vote for Allawi's cabinet has been postponed...one report indicates Sunday and one report indicates Saturday for reconvening to vote. Iraqi TV is showing a small representation of Parliament members at Thursday's session. Citizens are angry and took to the streets burning tires and throwing rocks through windows. Reportedly, a quorum was not established due to threats from Sadr's ministers not appearing at the session. A source reports that 4:00 Eastern today is targeted to possibly reconvene Parliament for a vote. Time Will Tell.
2-27-2020 Intel Guru Footforward The vote to confirm Allawi's government looks to have been pushed back to Saturday. Doesn't phase me one bit. Keep praying. This will happen. Of course this is just my opinion and not financial advice.
2-27-2020 Intel Guru Frank26 This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame. This is all IMO. I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...
2-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE ARRIVAL OF THE 2020 BUDGET IN PARLIAMENT AFTER TWO WEEKS" Quote: "THE MINISTRIES OF FINANCE AND PLANNING WILL SET THE BROAD LINES OF THE BUDGET BEFORE SENDING IT TO PARLIAMENT FOR A VOTE." Sounds to me they have not yet spent any money from the budget so far for 2020.
2-27-2020 Intel Guru MarkZ All eyes are watching with expectation today…I will be watching this afternoon closely… I am hearing great things. Nobody knows the exact date…all we can do is speculate based on what we are told from bankers and contacts and world news and events... March is a very popular months for revaluations…do some research…many revaluations have happened in March.
2-27-2020 Intel Guru Frank26 ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor. It's not science fiction. It's not a comedy. It's all great. The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy. Twice he's talked about the exchange rate. He also talked to them about the vote. And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday]. It looks like Thursday. Tomorrow hopefully they get it all done. That's really not important. It's really not. IMO the government has been functioning with no problem for quite a while...
2-27-2020 Newshound Guru Pimpy ...Dr. Shabibi wrote an article complaining that the monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically. He's the one pushing for a rate change...
2-27-2020 Newshound Guru MilitiaMan Article: "The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies" Quote: "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." The act of sterilizing the local currency is a practice by major global players. It appears the CBI is preparing or is now prepared to defend their currency in world markets.. Something that the CBI has now been told to the world that they are now obliged to play by the IMF Rules.. imo.. Very good indeed imo. [Investopedia: Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Sterilization most frequently involves the purchase or sale of financial assets by a central bank, and is designed to offset the effect of foreign exchange intervention.]
2-27-2020 Newshound Guru Jeff ...When the rate change occurs the US financial markets are gonna spike up, jump and dance. The markets were already too high. They were risking inflation so they had to bring the markets back down as a correction by the excuse of the Caronavirus so when the rate changes it can shoot back up to where they just came from...
2-27-2020 Intel Guru RayRen98 The vote for Allawi's cabinet has been postponed...one report indicates Sunday and one report indicates Saturday for reconvening to vote. Iraqi TV is showing a small representation of Parliament members at Thursday's session. Citizens are angry and took to the streets burning tires and throwing rocks through windows. Reportedly, a quorum was not established due to threats from Sadr's ministers not appearing at the session. A source reports that 4:00 Eastern today is targeted to possibly reconvene Parliament for a vote. Time Will Tell.
2-27-2020 Intel Guru Footforward The vote to confirm Allawi's government looks to have been pushed back to Saturday. Doesn't phase me one bit. Keep praying. This will happen. Of course this is just my opinion and not financial advice.
2-27-2020 Intel Guru Frank26 This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame. This is all IMO. I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...
2-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE ARRIVAL OF THE 2020 BUDGET IN PARLIAMENT AFTER TWO WEEKS" Quote: "THE MINISTRIES OF FINANCE AND PLANNING WILL SET THE BROAD LINES OF THE BUDGET BEFORE SENDING IT TO PARLIAMENT FOR A VOTE." Sounds to me they have not yet spent any money from the budget so far for 2020.
2-27-2020 Intel Guru MarkZ All eyes are watching with expectation today…I will be watching this afternoon closely… I am hearing great things. Nobody knows the exact date…all we can do is speculate based on what we are told from bankers and contacts and world news and events... March is a very popular months for revaluations…do some research…many revaluations have happened in March.
2-27-2020 Intel Guru Frank26 ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor. It's not science fiction. It's not a comedy. It's all great. The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy. Twice he's talked about the exchange rate. He also talked to them about the vote. And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday]. It looks like Thursday. Tomorrow hopefully they get it all done. That's really not important. It's really not. IMO the government has been functioning with no problem for quite a while...
2-27-2020 Newshound Guru Pimpy ...Dr. Shabibi wrote an article complaining that the monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically. He's the one pushing for a rate change...
2-27-2020 Newshound Guru MilitiaMan Article: "The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies" Quote: "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." The act of sterilizing the local currency is a practice by major global players. It appears the CBI is preparing or is now prepared to defend their currency in world markets.. Something that the CBI has now been told to the world that they are now obliged to play by the IMF Rules.. imo.. Very good indeed imo. [Investopedia: Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Sterilization most frequently involves the purchase or sale of financial assets by a central bank, and is designed to offset the effect of foreign exchange intervention.]
2-26-2020 Intel Guru MarkZ I hear that they want you to exchange in the country you are a citizen of. If you are out of your country at the time of exchange my guess is they handle the exchange in whatever exchange rate and currency your country uses?
2-26-2020 Intel Guru Bruce [via WiserNow] ...we’ve heard forever and a day that Iraq was going to post a new rate – put it in the Gazette - CBI was up - all of that good stuff - well, Iraq is basically waiting on our lead to go – for us to move forward – then they will essentially show their rate on CBI... I would not be surprised if finally overnight tonight and into tomorrow which is Wednesday that Iraq finally has their rate - finally has their new Iraqi Dinar with a new rate on the front screens of the banks and also that the Forex with an update again in the 2:15 in the morning range with an Iraqi rate...I think things are coming together for us...We are under the impression from some very high up sources in the know that we are in a 24 hour window now – right now...finally, with everything that’s been done and happening behind the scenes – we’re moving in the right direction...I just think we are really really just about ready to go...
2-26-2020 Newshound Guru Kaperoni ...one...They [CBI] are a professional organization utilizing professional techniques to manage and control the financial system in Iraq. Two, there is to much currency in circulation. Three, Iraq's total mineral net worth is 15 - 16 trillion dollars. At the current dinar in circulation, a 1 to $1 RV would completely bankrupt the country literally 3 times the entire worth of minerals including oil. Four, such an event would completely throw the entire financial system into chaos in Iraq. Five, monetary policy is a group of tools that support the demands of the financial system. A RV or RI completely circumvents that process. For example the CBI generates revenue from the buy/sell of currency. It also reserves the right to raise or lower the value to counter inflation or deflation from time to time if needed. A RV would not only create chaos, but would prevent the usage of those tools. And lastly a currencies value is determined by market forces. Not some random or arbitrary value. That is 6 solid reason the dinar could never and will never will RV/RI. Our only hope is a gradual appreciation directly related to the success of the private sector/market economy.
2-26-2020 Intel Guru Angle1 ...when we get to teller training [In Iraq] - teller training equals citizen education.
2-26-2020 Newshound/Intel Guru Mnt Goat So the drama of the ratification of Allawi to take the seat of the prime minister continues. We expect this to happen this week, probably Thursday. Then things should move quickly in Iraq.
2-26-2020 Intel Guru MarkZ [via PDK] Still no change of rate in Iraq…Bankers are still at the edge of their seats... [So is the rumor yesterday that the button has been pushed de-bunked?] Possibly something was pushed moving us forward but the reality is the RV has not taken place and we don’t have any money. Until I see people with money in their accounts...in my book, the button has not been pushed. I do think it’s a juggernaut at this point...it’s inevitable, it’s happening, it’s moving… [What does your contact say in Iraq?] They are looking for it to happen after the government gets its vote of confidence. This happens today I believe...I would say to start watching Iraq closely starting tomorrow. [Guru] Bruce said we are in a 24 hour window starting last night...I definitely do believe we are close.
2-26-2020 Newshound Guru Adam Montana [We should then be looking at a fully formed government which is a requirement for the rv to occur.] It's not a stated "requirement" by any means, but it is hard to see it happening without it. I don't think we need a "fully" formed government. 80-85% will do.
2-26-2020 Newshound Guru MilitiaMan Article quote: "Practical and Immediate Steps are needed for economic reforms"... I have to say the CBI of late has shown their ability to do just that.. The CBI today has suggest they have a published brochure to outline the mechanisms they will use to defend their currency in the open markets.. The CBI published data in Arabic that has some powerful implications on where this is headed!! The direction is perfect for us...imo!
2-26-2020 Newshound Guru Vital Brad In the whole 10 years that I've been following this there's more happening in Iraq than I've ever seen. Do I feel we're closer than ever? Absolutely. Do I feel like Iraq deserves to have their currency internationally recognized again - to be included with everybody else? Absolutely. There's no reason a country like Iraq that has so much...value should be excluded from the rest of the world. Am I happy that I personally am holding some Iraqi dinar? I am. I absolutely am...
2-26-2020 Intel Guru Bruce [via WiserNow] ...we’ve heard forever and a day that Iraq was going to post a new rate – put it in the Gazette - CBI was up - all of that good stuff - well, Iraq is basically waiting on our lead to go – for us to move forward – then they will essentially show their rate on CBI... I would not be surprised if finally overnight tonight and into tomorrow which is Wednesday that Iraq finally has their rate - finally has their new Iraqi Dinar with a new rate on the front screens of the banks and also that the Forex with an update again in the 2:15 in the morning range with an Iraqi rate...I think things are coming together for us...We are under the impression from some very high up sources in the know that we are in a 24 hour window now – right now...finally, with everything that’s been done and happening behind the scenes – we’re moving in the right direction...I just think we are really really just about ready to go...
2-26-2020 Newshound Guru Kaperoni ...one...They [CBI] are a professional organization utilizing professional techniques to manage and control the financial system in Iraq. Two, there is to much currency in circulation. Three, Iraq's total mineral net worth is 15 - 16 trillion dollars. At the current dinar in circulation, a 1 to $1 RV would completely bankrupt the country literally 3 times the entire worth of minerals including oil. Four, such an event would completely throw the entire financial system into chaos in Iraq. Five, monetary policy is a group of tools that support the demands of the financial system. A RV or RI completely circumvents that process. For example the CBI generates revenue from the buy/sell of currency. It also reserves the right to raise or lower the value to counter inflation or deflation from time to time if needed. A RV would not only create chaos, but would prevent the usage of those tools. And lastly a currencies value is determined by market forces. Not some random or arbitrary value. That is 6 solid reason the dinar could never and will never will RV/RI. Our only hope is a gradual appreciation directly related to the success of the private sector/market economy.
2-26-2020 Intel Guru Angle1 ...when we get to teller training [In Iraq] - teller training equals citizen education.
2-26-2020 Newshound/Intel Guru Mnt Goat So the drama of the ratification of Allawi to take the seat of the prime minister continues. We expect this to happen this week, probably Thursday. Then things should move quickly in Iraq.
2-26-2020 Intel Guru MarkZ [via PDK] Still no change of rate in Iraq…Bankers are still at the edge of their seats... [So is the rumor yesterday that the button has been pushed de-bunked?] Possibly something was pushed moving us forward but the reality is the RV has not taken place and we don’t have any money. Until I see people with money in their accounts...in my book, the button has not been pushed. I do think it’s a juggernaut at this point...it’s inevitable, it’s happening, it’s moving… [What does your contact say in Iraq?] They are looking for it to happen after the government gets its vote of confidence. This happens today I believe...I would say to start watching Iraq closely starting tomorrow. [Guru] Bruce said we are in a 24 hour window starting last night...I definitely do believe we are close.
2-26-2020 Newshound Guru Adam Montana [We should then be looking at a fully formed government which is a requirement for the rv to occur.] It's not a stated "requirement" by any means, but it is hard to see it happening without it. I don't think we need a "fully" formed government. 80-85% will do.
2-26-2020 Newshound Guru MilitiaMan Article quote: "Practical and Immediate Steps are needed for economic reforms"... I have to say the CBI of late has shown their ability to do just that.. The CBI today has suggest they have a published brochure to outline the mechanisms they will use to defend their currency in the open markets.. The CBI published data in Arabic that has some powerful implications on where this is headed!! The direction is perfect for us...imo!
2-26-2020 Newshound Guru Vital Brad In the whole 10 years that I've been following this there's more happening in Iraq than I've ever seen. Do I feel we're closer than ever? Absolutely. Do I feel like Iraq deserves to have their currency internationally recognized again - to be included with everybody else? Absolutely. There's no reason a country like Iraq that has so much...value should be excluded from the rest of the world. Am I happy that I personally am holding some Iraqi dinar? I am. I absolutely am...
2-25-2020 Intel Guru Frank26 [Question] From what I understand the new Prime Minister will have 30 days to reinstate the currency. No no no. the Central Bank of Iraq reinstates the currency. The prime minister announce it along with the governor. But the CBI's gonna do all the talking...
2-25-2020 Intel Guru MarkZ I did get to talk to [Guru] Okie twice this weekend…short calls because he gets out of breath…he is also excited about where we are at and the news he was getting over the weekend…
2-25-2020 Intel Guru Frank26 [Question] In your opinion is there a timeline limit once this occurs to exchange? ...very good question. I think that they are talking about that. There might be a time limit. We don't know that just yet...but it wouldn't be such a dramatic thing - 30 days. No no I think it would be a number of years...
2-25-2020 Newshound Guru Whitelions ... lets see what the cbi does when the cabinet is voted in...it looks like that will be very soon. The CBI is ready ...the work that is starting in the country is demanding it...not just the protesters but the contractors that are coming in are expecting it...not just the us but every country wanting to work in the country and the good thing is Iraq is being very picky about what country's it will do bis. with because they know they can...everybody wants a piece of this pie...but If I have to guess it would be with in the next 2 to 3 months...
2-25-2020 Newshound/Intel Guru tman23 ...Kap [Guru Kaperoni] posted the other day...16 trillion in whats in the ground...150 billion barrels... has been now just quadrupled...when that number 16 trillion was released...Trump in 2012 or there about tweeted...“US deficit 16 trillion and Iraq valued worth 16 trillion...INTERESTING!”...there is a plan here and it definitely is not Kaps market economy force...
2-25-2020 Intel Guru MarkZ [Guru Walkingstick told Frank they pushed the button.] I am hearing the same thing. …waiting for confirmation in the media.
2-25-2020 Newshound Guru Pimpy ...according to the Iraqi Constitution it says as clear as day that a budget must be put forward and by law they're supposed to wait 30 days. They have to keep reviewing it for 30 days. They give them 30 days minimum before they could pass the budget. If the budget's been submitted it's 30 days from then in which they vote on and go ahead to move the budget forward. Until now the budget has not been published...
2-25-2020 Newshound Guru Whitelions ...they will never ever post that they are going to change the rate of their currency, BUT we have all been in this a long time and can follow what and how things are going in that country ...
2-25-2020 Newshound Guru Vital Brad ...Part of me does feel like they will come out at a low rate...just throwing a number out there let's say 10 cents, something like that just to get back on the international market and get rid of some of the amount of the Iraqi dinar that's out there...get some people to turn in their dinar at a lower rate. I believe it can float up to a higher rate...Kuwait's currency right now I believe is around $3.40 and Iraq has much more oil reserves than Kuwait...there's no reason IMO they should be lower than Kuwait. So I think it'll get up there.
2-25-2020 Intel Guru Frank26 ...I would like to believe that it's true that President Trump has given them the date to stop using the American dollar in the auction and I believe that they have committed to it. And the fact that it's from Donald Trump who I don't think that's going to delayed or moved or anything. You don't trump Trump..
2-25-2020 Intel Guru MarkZ I did get to talk to [Guru] Okie twice this weekend…short calls because he gets out of breath…he is also excited about where we are at and the news he was getting over the weekend…
2-25-2020 Intel Guru Frank26 [Question] In your opinion is there a timeline limit once this occurs to exchange? ...very good question. I think that they are talking about that. There might be a time limit. We don't know that just yet...but it wouldn't be such a dramatic thing - 30 days. No no I think it would be a number of years...
2-25-2020 Newshound Guru Whitelions ... lets see what the cbi does when the cabinet is voted in...it looks like that will be very soon. The CBI is ready ...the work that is starting in the country is demanding it...not just the protesters but the contractors that are coming in are expecting it...not just the us but every country wanting to work in the country and the good thing is Iraq is being very picky about what country's it will do bis. with because they know they can...everybody wants a piece of this pie...but If I have to guess it would be with in the next 2 to 3 months...
2-25-2020 Newshound/Intel Guru tman23 ...Kap [Guru Kaperoni] posted the other day...16 trillion in whats in the ground...150 billion barrels... has been now just quadrupled...when that number 16 trillion was released...Trump in 2012 or there about tweeted...“US deficit 16 trillion and Iraq valued worth 16 trillion...INTERESTING!”...there is a plan here and it definitely is not Kaps market economy force...
2-25-2020 Intel Guru MarkZ [Guru Walkingstick told Frank they pushed the button.] I am hearing the same thing. …waiting for confirmation in the media.
2-25-2020 Newshound Guru Pimpy ...according to the Iraqi Constitution it says as clear as day that a budget must be put forward and by law they're supposed to wait 30 days. They have to keep reviewing it for 30 days. They give them 30 days minimum before they could pass the budget. If the budget's been submitted it's 30 days from then in which they vote on and go ahead to move the budget forward. Until now the budget has not been published...
2-25-2020 Newshound Guru Whitelions ...they will never ever post that they are going to change the rate of their currency, BUT we have all been in this a long time and can follow what and how things are going in that country ...
2-25-2020 Newshound Guru Vital Brad ...Part of me does feel like they will come out at a low rate...just throwing a number out there let's say 10 cents, something like that just to get back on the international market and get rid of some of the amount of the Iraqi dinar that's out there...get some people to turn in their dinar at a lower rate. I believe it can float up to a higher rate...Kuwait's currency right now I believe is around $3.40 and Iraq has much more oil reserves than Kuwait...there's no reason IMO they should be lower than Kuwait. So I think it'll get up there.
2-25-2020 Intel Guru Frank26 ...I would like to believe that it's true that President Trump has given them the date to stop using the American dollar in the auction and I believe that they have committed to it. And the fact that it's from Donald Trump who I don't think that's going to delayed or moved or anything. You don't trump Trump..
2-24-2020 Newshound/Intel Guru Francis Albert Currency investors here. Take heart. Regardless of what some "Never Dinarians" are writing lately...remember it is easy to argue any point when the fine points are not in the talk. I have studied these "money" matters for many years. And, to that end, anyone who argues that Iraq is not going to somehow, someway, someday go international and raise the value of their currency is simply not looking closely. Do I think It will suddenly pop up to some mythical $3.50 range overnight? Possible, for the Iraqi Dinar has years of history in this territory. So, a reinstatement is possible. If I were a betting chap I would say it comes out at .86 on Forex and makes a speedy dash higher.
2-24-2020 Newshound Guru Vital Brad It appears like Iraq might do exactly what Kuwait did. In 1991 they revalued their currency after their war on...March 24th 1991. If Iraq is gonna do this they're following in the footsteps of Kuwait IMO...They [Iraq] still owe Kuwait some money but they've already told us that to pay Kuwait that's gonna be in the 2020 budget. There are certain things in the 2020 budget that appear need to happen - that can't happen until there's a new rate. It looks like in Iraq everything right now is on standby until the reinstatement...come Monday they get their government set and then guys we're coming up on March. This was the same time 30 years ago just about that Kuwait revalued their currency...
2-24-2020 Intel Guru Frank26 ...it is a specific percentage of Parliament that is in attendance at that moment that creates a quorum...a percentage of that attendance is what determines a vote...332 would make a full quorum of Parliament but no body shows up like that all at once.
2-24-2020 Intel Guru MarkZ [via PDK] We are close…painfully close…I hate to whip anyone up with false hope but it really looks very good today. No rate change yet in Iraq…I spoke with my contractor contact and they are feeling very good though…At this point they believe as soon as new government is settled…they will see the new rate. A vote of confidence is scheduled for new Gov…I believe on Wed. We should sit back and watch the news happen today…..So much is coming together…
2-24-2020 Newshound Guru chattels Article quote: "The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. ". No mention of deleting the zeroes or " RV " as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-24-2020 Intel Guru Frank26 ...It looks like Iraq is very serious about being a world power. They're using 'vehicles' to bring money in and out of Iraq in large amounts IMO from many other countries...they're jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge...Gold was the first to move to the CBI IMO from many parts of the world last month and now we're seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq...Iraq is playing with the big boys they just got to announce it now...
2-24-2020 Newshound Guru Vital Brad ...Allawi's government is potentially gonna be done by Monday. We've heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God's hands...I could have really really used this back in like 2012. It was a turning point in my life. It didn't happen and in hindsight it's a really good thing it didn't happen. I would have blown it like a lottery winner...I've grown a ton. I'm now gonna be a much better steward as I'm sure a lot of us are as opposed to having it happen back than...2020 maybe it's our year...
2-24-2020 Newshound Guru Vital Brad It appears like Iraq might do exactly what Kuwait did. In 1991 they revalued their currency after their war on...March 24th 1991. If Iraq is gonna do this they're following in the footsteps of Kuwait IMO...They [Iraq] still owe Kuwait some money but they've already told us that to pay Kuwait that's gonna be in the 2020 budget. There are certain things in the 2020 budget that appear need to happen - that can't happen until there's a new rate. It looks like in Iraq everything right now is on standby until the reinstatement...come Monday they get their government set and then guys we're coming up on March. This was the same time 30 years ago just about that Kuwait revalued their currency...
2-24-2020 Intel Guru Frank26 ...it is a specific percentage of Parliament that is in attendance at that moment that creates a quorum...a percentage of that attendance is what determines a vote...332 would make a full quorum of Parliament but no body shows up like that all at once.
2-24-2020 Intel Guru MarkZ [via PDK] We are close…painfully close…I hate to whip anyone up with false hope but it really looks very good today. No rate change yet in Iraq…I spoke with my contractor contact and they are feeling very good though…At this point they believe as soon as new government is settled…they will see the new rate. A vote of confidence is scheduled for new Gov…I believe on Wed. We should sit back and watch the news happen today…..So much is coming together…
2-24-2020 Newshound Guru chattels Article quote: "The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. ". No mention of deleting the zeroes or " RV " as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-24-2020 Intel Guru Frank26 ...It looks like Iraq is very serious about being a world power. They're using 'vehicles' to bring money in and out of Iraq in large amounts IMO from many other countries...they're jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge...Gold was the first to move to the CBI IMO from many parts of the world last month and now we're seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq...Iraq is playing with the big boys they just got to announce it now...
2-24-2020 Newshound Guru Vital Brad ...Allawi's government is potentially gonna be done by Monday. We've heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God's hands...I could have really really used this back in like 2012. It was a turning point in my life. It didn't happen and in hindsight it's a really good thing it didn't happen. I would have blown it like a lottery winner...I've grown a ton. I'm now gonna be a much better steward as I'm sure a lot of us are as opposed to having it happen back than...2020 maybe it's our year...
2-23-2020 Newshound Guru Kaperoni I am very optimistic with this investment I just don't buy into the overnight RV/RI...Not how currencies work not how monetary policy works.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi's government from tomorrow to next Wednesday...
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq.
2-23-2020 Newshound Guru Kaperoni ...You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency's value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation... 42+ trillion currency in circulation is more than two and a half times the entire country's net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq's intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it's going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: "Parliament’s session to give confidence to Allawi’s government will be held next Wednesday" Monday's emergency session for the presentation of Allawi's government is not [now?] rumored to be Wednesday.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi's government from tomorrow to next Wednesday...
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq.
2-23-2020 Newshound Guru Kaperoni ...You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency's value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation... 42+ trillion currency in circulation is more than two and a half times the entire country's net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq's intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it's going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: "Parliament’s session to give confidence to Allawi’s government will be held next Wednesday" Monday's emergency session for the presentation of Allawi's government is not [now?] rumored to be Wednesday.
2-22-2020 Newshound Guru Jeff ...What this is is a reinstatement. The phrase "RV", that phrase "revaluation", all that was fabricated from this investment. That phrase never existed. "Rate change" existed but not "revaluation". This is a reinstatement. That means they have to bring back a former rate. I've studied the value of Iraq's rate through the last 100 years. The low side was about $2.80 and the high side was about $4.20. The point is they've never had a $1.00 rate to reinstate... Iraq 's currency devalued at $3.22 in about 2004...
2-22-2020 Newshound Guru Kaperoni ...nothing has happened politically in the last few months as of yet the new prime minister hasn't even been sworn in and his cabinet has not been voted on. In fact it has been scheduled for Monday but there are rumors that they won't even vote Monday, that many are now making a decision to not endorse the new prime minister and his cabinet. New protests are even anticipated.
2-22-2020 Intel Guru Frank26 ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.
2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see...
2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991...
2-22-2020 Newshound Guru Chattels Article: "The Presidency of the Council of Representatives confirmed that an extraordinary session will be held next Monday to vote on the booth of Prime Minister-designate Muhammad Tawfiq Allawi." Quote: "The House of Representatives is obliged to hold an extraordinary session next Monday to give confidence to the next government, according to the invitation of the resigned Prime Minister, Adel Abdul-Mahdi,"
2-22-2020 Intel Guru Footforward Article: "IBBC Spring Conference 2020 ‘Iraq – Open for Business’ " Says right at the top of the article they are open for business. If they aren't international that's a false and misleading statement Open for business?! This tells me Iraq MUST be having an RV! You can't be open for business if you aren't international and you can't be international without an RV! I can't fathom they put this out there and then the RV drags on for two more years.
2-22-2020 Newshound Guru Jeff ...what is Iraq doing? Right now they're telling us they probably believe next Monday they're going to finish and approve the cabinet and/or the full government. That would be the new Prime Minister Allawi's government.
2-22-2020 Intel Guru Bruce [via WiserNow] ...we know that the Iraqi Dinar revalued their currency and we know that it was traded somewhere in the $3.35 range but was trading upward and was over $5.10 ...(Monday)...Now, where is it now? I don’t know- Where’s the Dong? I don’t think it’s lagging too far behind – because the front screen rate on the Dong is supposed to be between 25 – 40 cents below the Dinar on the front screen rate – I think they’re both going to do just fine – they are both going to get where they need to be...I was told by one Treasury source that this could happen at any minute... Everything is pointing toward this could happen at any moment...
2-22-2020 Newshound Guru Kaperoni ...nothing has happened politically in the last few months as of yet the new prime minister hasn't even been sworn in and his cabinet has not been voted on. In fact it has been scheduled for Monday but there are rumors that they won't even vote Monday, that many are now making a decision to not endorse the new prime minister and his cabinet. New protests are even anticipated.
2-22-2020 Intel Guru Frank26 ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.
2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see...
2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991...
2-22-2020 Newshound Guru Chattels Article: "The Presidency of the Council of Representatives confirmed that an extraordinary session will be held next Monday to vote on the booth of Prime Minister-designate Muhammad Tawfiq Allawi." Quote: "The House of Representatives is obliged to hold an extraordinary session next Monday to give confidence to the next government, according to the invitation of the resigned Prime Minister, Adel Abdul-Mahdi,"
2-22-2020 Intel Guru Footforward Article: "IBBC Spring Conference 2020 ‘Iraq – Open for Business’ " Says right at the top of the article they are open for business. If they aren't international that's a false and misleading statement Open for business?! This tells me Iraq MUST be having an RV! You can't be open for business if you aren't international and you can't be international without an RV! I can't fathom they put this out there and then the RV drags on for two more years.
2-22-2020 Newshound Guru Jeff ...what is Iraq doing? Right now they're telling us they probably believe next Monday they're going to finish and approve the cabinet and/or the full government. That would be the new Prime Minister Allawi's government.
2-22-2020 Intel Guru Bruce [via WiserNow] ...we know that the Iraqi Dinar revalued their currency and we know that it was traded somewhere in the $3.35 range but was trading upward and was over $5.10 ...(Monday)...Now, where is it now? I don’t know- Where’s the Dong? I don’t think it’s lagging too far behind – because the front screen rate on the Dong is supposed to be between 25 – 40 cents below the Dinar on the front screen rate – I think they’re both going to do just fine – they are both going to get where they need to be...I was told by one Treasury source that this could happen at any minute... Everything is pointing toward this could happen at any moment...
2-21-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector companies" Quote: "The documentary credit is one of the most secure payment methods in international trade..." ...about the country being ready to go international (or is now already), this supports that opinion quite well. ... this is telling the Global entities that they have the ability to get guaranteed payments and settlements in a manner that is acceptable to both buyer and seller in at an international level. They have this in place through a government agency of Al-Rafidain Bank!! All the pieces of the puzzle are now on the table and apparently in place! Go time..Or What? Imo.
2-21-2020 Newshound Guru Vital Brad ...Allawi is kicking butt...out of the 300 parliament members 220 deputies will vote to pass the Allawi government. Which is a really good sign. Another headline "Allawi's government enjoys great parliamentary and international support." Sounds like it's done - having his government in place...Monday the 24th are gonna have a vote for the government...when we have a government in place I think things are gonna start getting really exciting. So big things to come. Lots to look forward too...
2-21-2020 Intel Gurus MarkZ & Mike Cottrell MarkZ: HSBC and a number of banks even local and Regional are now on the RTP…Real Time Protectionsystem where even international stuff will only take seconds now instead of weeks before you have funds. Mike Cottrell: That technically is the QFS. Coordinating with CIPS and Swift with real time confirmations and deliveries of funds. This is required when we go to the new currency system. MarkZ: To me this is one of the best signs that we are well underway.
2-21-2020 Newshound Guru Kaperoni ...a few state banks are offering documentary credits to businesses in Iraq...This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate...Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
2-21-2020 Newshound Guru MilitiaMan My view is they are fully disclosing to the world they are finishing the reforms and in very deliberate fashion. Yet they are using the PM cabinet as a smoke screen. By them publishing that the cabinet is completed, yet, they are stalling the vote in parliament, suggests they are staggering the date of the vote time frames in the news for a purpose... They suggested it was for yesterday, then today, now possibly Sunday, Monday and or even Tuesday next... Imo.
2-21-2020 Intel Guru RayRen98 A MEMBER DID REPORT TO ME THAT THEIR BANK CONTACT, WHO HAD BEEN QUIET FOR A LONG WHILE, CALLED THEM INQUIRING ABOUT AN INTEREST TO EXCHANGE... POSSIBLY THIS WEEKEND. THEY WILL KEEP ME UPDATED ON THEIR ACTIVITY.
2-21-2020 Intel Guru MarkZ I am looking for things to happen over the weekend to early next week. Bankers think its going to happen today. A number of sources think today is the day. ...I think this could be an exciting weekend. Almost all my sources are saying today, today, today…news is coming from all directions and it’s all positive. We are also being told Iraq has every intention of seating their Government with nearly all their leaders signing off on it. Things are really coming together quickly for us. I think it could be days…it could be hours…I think we are right on top of this.
2-21-2020 Newshound Guru MilitiaMan Article: "Disclosure...enhances the value of financial institutions locally and internationally" ...They are seriously speaking of value. Well if they are going to get linked with the International Community and even with the NASAQ, the values of these companies will need to be transparent and have real value... The NASDAQ has rules and they need to be followed, just as there are rules for Market Makers and the pricing of the shares. Same would hold true with the Forex, I suspect too. This is a very good sign...
2-21-2020 Intel Guru Frank26 ...IMO the Iraqi dinar is going to be paired with the American dollar. But here's a caveat. I believe it's only at the onset. I believe it's only at the beginning...because that's the way Donald Trump wants it...
2-21-2020 Newshound Guru MilitiaMan Article: "The central bank organizes a lecture in Mosul on financial inclusion" ...the above Mosul training was done days ago...imo... They speak of training at a very high level of internationalism. The CBI Statistics website has the stats on many things that facilitate money movement globally. They have the training parameters in place and or done by now through the managerial levels... Next step is the tellers.. Most likely that is or will be down to the last few hours and or last minutes... imo.
2-21-2020 Newshound Guru Vital Brad ...Allawi is kicking butt...out of the 300 parliament members 220 deputies will vote to pass the Allawi government. Which is a really good sign. Another headline "Allawi's government enjoys great parliamentary and international support." Sounds like it's done - having his government in place...Monday the 24th are gonna have a vote for the government...when we have a government in place I think things are gonna start getting really exciting. So big things to come. Lots to look forward too...
2-21-2020 Intel Gurus MarkZ & Mike Cottrell MarkZ: HSBC and a number of banks even local and Regional are now on the RTP…Real Time Protectionsystem where even international stuff will only take seconds now instead of weeks before you have funds. Mike Cottrell: That technically is the QFS. Coordinating with CIPS and Swift with real time confirmations and deliveries of funds. This is required when we go to the new currency system. MarkZ: To me this is one of the best signs that we are well underway.
2-21-2020 Newshound Guru Kaperoni ...a few state banks are offering documentary credits to businesses in Iraq...This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate...Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
2-21-2020 Newshound Guru MilitiaMan My view is they are fully disclosing to the world they are finishing the reforms and in very deliberate fashion. Yet they are using the PM cabinet as a smoke screen. By them publishing that the cabinet is completed, yet, they are stalling the vote in parliament, suggests they are staggering the date of the vote time frames in the news for a purpose... They suggested it was for yesterday, then today, now possibly Sunday, Monday and or even Tuesday next... Imo.
2-21-2020 Intel Guru RayRen98 A MEMBER DID REPORT TO ME THAT THEIR BANK CONTACT, WHO HAD BEEN QUIET FOR A LONG WHILE, CALLED THEM INQUIRING ABOUT AN INTEREST TO EXCHANGE... POSSIBLY THIS WEEKEND. THEY WILL KEEP ME UPDATED ON THEIR ACTIVITY.
2-21-2020 Intel Guru MarkZ I am looking for things to happen over the weekend to early next week. Bankers think its going to happen today. A number of sources think today is the day. ...I think this could be an exciting weekend. Almost all my sources are saying today, today, today…news is coming from all directions and it’s all positive. We are also being told Iraq has every intention of seating their Government with nearly all their leaders signing off on it. Things are really coming together quickly for us. I think it could be days…it could be hours…I think we are right on top of this.
2-21-2020 Newshound Guru MilitiaMan Article: "Disclosure...enhances the value of financial institutions locally and internationally" ...They are seriously speaking of value. Well if they are going to get linked with the International Community and even with the NASAQ, the values of these companies will need to be transparent and have real value... The NASDAQ has rules and they need to be followed, just as there are rules for Market Makers and the pricing of the shares. Same would hold true with the Forex, I suspect too. This is a very good sign...
2-21-2020 Intel Guru Frank26 ...IMO the Iraqi dinar is going to be paired with the American dollar. But here's a caveat. I believe it's only at the onset. I believe it's only at the beginning...because that's the way Donald Trump wants it...
2-21-2020 Newshound Guru MilitiaMan Article: "The central bank organizes a lecture in Mosul on financial inclusion" ...the above Mosul training was done days ago...imo... They speak of training at a very high level of internationalism. The CBI Statistics website has the stats on many things that facilitate money movement globally. They have the training parameters in place and or done by now through the managerial levels... Next step is the tellers.. Most likely that is or will be down to the last few hours and or last minutes... imo.
2-20-2020 Intel Guru MarkZ [via PDK] It should have started on Tuesday…They had people positioned for a Tuesday start. I really believed that this was it and we were done…. Was this a misdirection? Did we hit a stall or did they plan it this way to cause confusion…
2-19-2020 Intel Guru Delta Article: "Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies"
VERY HUGE ARTICLE...THEY ARE READY TO DO BUSINESS NOW...
2-20-2020 Newshound Guru MilitiaMan From Guru Frank26: "Regular meetings now between CBI Board, IMF, AMF and UST." For them to be having meetings with those four should assure us that this is coming together so very well and orchestrated to be in synchronization with the new PM and his fresh independent cabinet even with the ISX to down to bank tellers. The four Global Enities would be the ones to give the guidance to the CBs, Private Banks and then down to the bank managers, as they will need to know what to teach the tellers. They'll need to know what to tell the citizens about the value and the longevity of the coexistence of the varied currencies they will hold for what ever period of time they decide. That is effectively end game for us when that happens. imo.
2-20-2020 Intel Guru MarkZ [via PKD] We don’t have a change of rate in Iraq yet. [Will it be a shotgun start?] I believe it will be a shotgun start…so no double dipping for anyone.
2-20-2020 Intel Guru Footforward [What are your thoughts...on what will happen next after he [Allawi] seats his Cabinet and it gets approved...] They will immediately get to work on the budget. This isn't holding up the RV. But it certainly doesn't hurt things one bit.
2-20-2020 Intel Guru MarkZ [via PDK] HSBC is announcing that their RTP-Real time Payment system has launched. A couple other banks have done the same. This is huge…. This is the QFS system…. This is the new blockchain system…. This is where they can do real-time transaction from all over the world in seconds. This process used to take 10 days. So this is enormous news. To me this is a big piece letting us know our banking system is online. This means we are no longer on the Swift system as we know it. This is really big news.
2-20-2020 Newshound Guru Adam Montana Article: "Newspaper: Allawi chose 3 characters for each ministry and placed the ball in the parliament stadium" Quote: "Allawi chose 57 characters, 3 persons for each ministry, which means that he put the ball in the parliament’s court by not requiring one person for each ministry because if he rejects it, this may affect the entire government formation." The only concerns I had with Allawi have been covered - I felt like if he was going to be ousted or “convinced” to resign, it was going to happen quickly. Like, “within the first week” quickly. We are well beyond that, and the “backups for the backups” says they are getting things donnnneee! “You don’t like that choice? FINE, here’s another one. And another!
2-20-2020 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: 90% OF THE CURRENT REPRESENTATIVES WILL NOT RETURN TO THEIR SEATS IN THE UPCOMING ELECTIONS" Quote: "DURING ITS SESSION, ON DECEMBER 24, 2019, THE HOUSE OF REPRESENTATIVES VOTED ON THE ELECTION LAW LEGISLATION" So here it is in black and white. The Iraqi election law was already voted on and passed in parliament. ...So why is the news media telling us they still need to do this? This again is a FAKE spin on the news. They want to confuse and stall everything indefinitely. The real reason why they can’t yet implement it is they need candidates for the early elections and also they will need a way to prosecute the corrupt that will be taken out of the government. Already Iraq has hired consultants to come into Iraq to help clarify the procedure to run this new type of “open” election process. They are working out the details and will be successful.
2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
2-19-2020 Intel Guru Delta Article: "Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies"
VERY HUGE ARTICLE...THEY ARE READY TO DO BUSINESS NOW...
2-20-2020 Newshound Guru MilitiaMan From Guru Frank26: "Regular meetings now between CBI Board, IMF, AMF and UST." For them to be having meetings with those four should assure us that this is coming together so very well and orchestrated to be in synchronization with the new PM and his fresh independent cabinet even with the ISX to down to bank tellers. The four Global Enities would be the ones to give the guidance to the CBs, Private Banks and then down to the bank managers, as they will need to know what to teach the tellers. They'll need to know what to tell the citizens about the value and the longevity of the coexistence of the varied currencies they will hold for what ever period of time they decide. That is effectively end game for us when that happens. imo.
2-20-2020 Intel Guru MarkZ [via PKD] We don’t have a change of rate in Iraq yet. [Will it be a shotgun start?] I believe it will be a shotgun start…so no double dipping for anyone.
2-20-2020 Intel Guru Footforward [What are your thoughts...on what will happen next after he [Allawi] seats his Cabinet and it gets approved...] They will immediately get to work on the budget. This isn't holding up the RV. But it certainly doesn't hurt things one bit.
2-20-2020 Intel Guru MarkZ [via PDK] HSBC is announcing that their RTP-Real time Payment system has launched. A couple other banks have done the same. This is huge…. This is the QFS system…. This is the new blockchain system…. This is where they can do real-time transaction from all over the world in seconds. This process used to take 10 days. So this is enormous news. To me this is a big piece letting us know our banking system is online. This means we are no longer on the Swift system as we know it. This is really big news.
2-20-2020 Newshound Guru Adam Montana Article: "Newspaper: Allawi chose 3 characters for each ministry and placed the ball in the parliament stadium" Quote: "Allawi chose 57 characters, 3 persons for each ministry, which means that he put the ball in the parliament’s court by not requiring one person for each ministry because if he rejects it, this may affect the entire government formation." The only concerns I had with Allawi have been covered - I felt like if he was going to be ousted or “convinced” to resign, it was going to happen quickly. Like, “within the first week” quickly. We are well beyond that, and the “backups for the backups” says they are getting things donnnneee! “You don’t like that choice? FINE, here’s another one. And another!
2-20-2020 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: 90% OF THE CURRENT REPRESENTATIVES WILL NOT RETURN TO THEIR SEATS IN THE UPCOMING ELECTIONS" Quote: "DURING ITS SESSION, ON DECEMBER 24, 2019, THE HOUSE OF REPRESENTATIVES VOTED ON THE ELECTION LAW LEGISLATION" So here it is in black and white. The Iraqi election law was already voted on and passed in parliament. ...So why is the news media telling us they still need to do this? This again is a FAKE spin on the news. They want to confuse and stall everything indefinitely. The real reason why they can’t yet implement it is they need candidates for the early elections and also they will need a way to prosecute the corrupt that will be taken out of the government. Already Iraq has hired consultants to come into Iraq to help clarify the procedure to run this new type of “open” election process. They are working out the details and will be successful.
2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
2-19-2020 Intel Guru Bruce ...Now, what about clean up on isle 3? ...there is a lot happening – even today - through the end of the month and into next month – there’s a lot of clean up to do...Has enough occurred to where we are prepared to see the green light go into effect for us? That we do not know – When it gets as quiet as it’s been today...we have to look at that as a good sign – it either means more people are under gag orders - or NDA – and we are just waiting for that to happen but we just can’t tell – what is going on behind the scenes...There’s a lot of questions that we just don’t have the really, really good answers for... I am frustrated because I know that we are very close... [post 2 of 2]
2-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve been informed by people that speak directly to Iraq and to some Iraqi’s that yes they did revalue their currency on Sunday...and there should be a new rate showing – but I don’t know if we can see it yet – on the Central Bank of Iraq website ...Now, that goes under the question mark column right now until we get absolute proof that it occurred – I believe it has - by what I’ve been told...we know the forex updates in the morning – tomorrow [Wednesday]...we are looking for new rates to show on all the currencies that we’re talking about - We believe the front screen bank rates will reflect the forex rates - the back screen rates are another issue entirely...We know the redemption centers were prepared today – and will be tomorrow [Wednesday]... [post 1 of 2....stay tuned]
2-19-2020 Newshound Guru Adam Montana ...You may have noticed a lack of chatter about "protesters" over the last week or two...that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report.
2-19-2020 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK INFORMS IRAQ THAT ITS FINANCIAL SITUATION IS IN DANGER, ESPECIALLY WITH REGARD TO SALARIES OF STATE EMPLOYEES" Like I said before, if Iraq missing this opportunity this time there will be no other opportunities. The trend is to move away from oil based economies and wealth is short-lived. They should have already rebuilt their country ten times better than it was before. But instead they pissed the money away to Iran to support terrorism. This only made things worst off in Iraq and in the middle east in general. Now they have to do these reforms or else! One of these reforms is the project to delete the zeros which leads to the reinstatement thus our RV.
2-19-2020 Newshound Guru Pimpy ...when Trump was at Davos the chairman of the World Trade Organization told everyone that he was working with the Trump Administration and they were gonna be implementing new policies when it comes to currency manipulation. This is good. We want this especially if you're holding Vietnam dong. Where it goes to nobody knows...The Iraq dinar is in a whole different situation...this new rule is getting ready to come in effect. I believe it is in March...I think we're gonna see some currencies change here shortly. How much I don't know. Will it happen before the rules are implemented? I don't know. We're gonna find out...
2-19-2020 Intel Guru Frank26 ...Shabibi was not hired by the CBI and he has not been there. He has been no where near the CBI for the past 5 years. Maliki tried to kill him and ever since then we've [The U.S.] been trying to protect him...he was hired to maintain the exchange rate of the British pound and he's still there doing it. He was hired in the early spring of '19...
2-19-2020 Intel Guru MarkZ ...I spoke with my contacts and No new rate in Iraq…yet…I am calling bunk to the rumors they got a new rate last weekend of $3.46. At least they are not seeing anything at the street level. [Are we waiting for Trump to release the RV?] I am of the...mindset...that he has signed off...I don’t think we are waiting on Trump to do anything at this point. ...There was a flurry of activity last night…Everybody is at the edge of their seats...All jittery this morning waiting to see if today it just “pops out”...
2-19-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new projects" They have told us in recent past that they finished the 2019 Financial Management Law with an Amendment to it, that is to facilitate the 2020 budget. Sounds to me like this is suggesting they have what we are waiting on and that is the rate to which they will use to fund the projects... I suspect that they can't keep this tiger held back much longer. I also suspect leaks will emerge!! imo.
2-19-2020 Intel Guru Frank26 ...we as a team feel that the cabinet is what is about to be presented to the citizens of Iraq. Then we feel a rate because Kurdistan is happy with the mathematics of the budget for article 140. That is the key telling us the rate is approved and ready to come out. Then the third thing would be a budget. Cabinet. Rate. Budget. Or give us the cabinet and then give us the rate and budget together. That is the sequence we are studying right now...
2-19-2020 Newshound/Intel Guru Mnt Goat So...last Wednesday Feb 12th, we read that quote - “Muhammad Allawi succeeds in completing his cabinet, away from the interference of the blocs and their pressures”...Did this really occur? ...We know for a fact that if Allawi really has the overwhelming support for his new government, as he claims, then he would have already presented the candidates and a vote would have been conducted in a “extra-ordinary” session as they claim they were going to do on Sunday Feb 16th...but now we hear that parliament went on recess and so they can’t even vote until Thursday. ...So where does this issue of getting Allwai and the new government ratified in parliament really stand? ...They are still fighting with the blocks who want the quota system and the corrupt people put in these positions. So recently there was a meeting and they discussed 6 points of contention with leaving the Us military in place in Iraq. This meeting went well. The US is still going to remain in Iraq and have a strong presence. So the US is going to back Allawi and his new government. Now that this is taken care of we will see the progression on Allwai and his new government move ahead quickly.
2-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve been informed by people that speak directly to Iraq and to some Iraqi’s that yes they did revalue their currency on Sunday...and there should be a new rate showing – but I don’t know if we can see it yet – on the Central Bank of Iraq website ...Now, that goes under the question mark column right now until we get absolute proof that it occurred – I believe it has - by what I’ve been told...we know the forex updates in the morning – tomorrow [Wednesday]...we are looking for new rates to show on all the currencies that we’re talking about - We believe the front screen bank rates will reflect the forex rates - the back screen rates are another issue entirely...We know the redemption centers were prepared today – and will be tomorrow [Wednesday]... [post 1 of 2....stay tuned]
2-19-2020 Newshound Guru Adam Montana ...You may have noticed a lack of chatter about "protesters" over the last week or two...that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report.
2-19-2020 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK INFORMS IRAQ THAT ITS FINANCIAL SITUATION IS IN DANGER, ESPECIALLY WITH REGARD TO SALARIES OF STATE EMPLOYEES" Like I said before, if Iraq missing this opportunity this time there will be no other opportunities. The trend is to move away from oil based economies and wealth is short-lived. They should have already rebuilt their country ten times better than it was before. But instead they pissed the money away to Iran to support terrorism. This only made things worst off in Iraq and in the middle east in general. Now they have to do these reforms or else! One of these reforms is the project to delete the zeros which leads to the reinstatement thus our RV.
2-19-2020 Newshound Guru Pimpy ...when Trump was at Davos the chairman of the World Trade Organization told everyone that he was working with the Trump Administration and they were gonna be implementing new policies when it comes to currency manipulation. This is good. We want this especially if you're holding Vietnam dong. Where it goes to nobody knows...The Iraq dinar is in a whole different situation...this new rule is getting ready to come in effect. I believe it is in March...I think we're gonna see some currencies change here shortly. How much I don't know. Will it happen before the rules are implemented? I don't know. We're gonna find out...
2-19-2020 Intel Guru Frank26 ...Shabibi was not hired by the CBI and he has not been there. He has been no where near the CBI for the past 5 years. Maliki tried to kill him and ever since then we've [The U.S.] been trying to protect him...he was hired to maintain the exchange rate of the British pound and he's still there doing it. He was hired in the early spring of '19...
2-19-2020 Intel Guru MarkZ ...I spoke with my contacts and No new rate in Iraq…yet…I am calling bunk to the rumors they got a new rate last weekend of $3.46. At least they are not seeing anything at the street level. [Are we waiting for Trump to release the RV?] I am of the...mindset...that he has signed off...I don’t think we are waiting on Trump to do anything at this point. ...There was a flurry of activity last night…Everybody is at the edge of their seats...All jittery this morning waiting to see if today it just “pops out”...
2-19-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new projects" They have told us in recent past that they finished the 2019 Financial Management Law with an Amendment to it, that is to facilitate the 2020 budget. Sounds to me like this is suggesting they have what we are waiting on and that is the rate to which they will use to fund the projects... I suspect that they can't keep this tiger held back much longer. I also suspect leaks will emerge!! imo.
2-19-2020 Intel Guru Frank26 ...we as a team feel that the cabinet is what is about to be presented to the citizens of Iraq. Then we feel a rate because Kurdistan is happy with the mathematics of the budget for article 140. That is the key telling us the rate is approved and ready to come out. Then the third thing would be a budget. Cabinet. Rate. Budget. Or give us the cabinet and then give us the rate and budget together. That is the sequence we are studying right now...
2-19-2020 Newshound/Intel Guru Mnt Goat So...last Wednesday Feb 12th, we read that quote - “Muhammad Allawi succeeds in completing his cabinet, away from the interference of the blocs and their pressures”...Did this really occur? ...We know for a fact that if Allawi really has the overwhelming support for his new government, as he claims, then he would have already presented the candidates and a vote would have been conducted in a “extra-ordinary” session as they claim they were going to do on Sunday Feb 16th...but now we hear that parliament went on recess and so they can’t even vote until Thursday. ...So where does this issue of getting Allwai and the new government ratified in parliament really stand? ...They are still fighting with the blocks who want the quota system and the corrupt people put in these positions. So recently there was a meeting and they discussed 6 points of contention with leaving the Us military in place in Iraq. This meeting went well. The US is still going to remain in Iraq and have a strong presence. So the US is going to back Allawi and his new government. Now that this is taken care of we will see the progression on Allwai and his new government move ahead quickly.
2-18-2020 Intel Guru Frank26 This Allawi guy. This prime minister IMO is learning about the currency reform because he is attending the CBI meetings I suggest are happening. I believe the speed of what they are learning is accelerated at a very fast pace and the reason why is because Donald Trump is asking for this...I believe there has been a date that has been given by what I call the Fab 4 to the CBI and I believe in my strong opinion that the CBI has committed to said date. If there is a date that means there is a target that means we are not guessing anymore are we...To me, IMO, this is nonnegotiable. It is a set date...the prime minister of Iraq IMO has the authority to sit his cabinet and to work with the United Nations and to work with NATO for only one reason - the reinstatement of the Iraqi dinar because that's what's going to give you the economic reforms...
2-18-2020 Intel Guru Delta ...In my personal opinion only - February is looking very very solid and I think we are going to move very very fast. As soon as they pass the government or around the same timing we should IMO see the Central Bank of Iraq change the rate. They are way behind schedule. They are overdue with all of that. The CBI I don't know if they can wait that much longer. So I'm giving them...to the end of this month. Two weeks the CBI should show us a rate.
2-18-2020 Newshound Guru Jeff ...it's very quiet in Iraq right now. The only things they've been talking about since the beginning of January was obviously finish forming the government and implementing the demonstrators demands...the demonstrators demands those are post rate change. Those come after the rate change. The actual roadmap that I've laid out...since last year is unfolding right before your eyes. It's exactly how I laid it out. It's been very quiet. Iraq is not talking about a lot of new things. Iraq is boxed in a corner they can't implement the demonstrators demands or reforms...we are looking amazing...
2-18-2020 Newshound Guru Vital Brad ...Prime Minister Allawi has been busting his butt the last couple of weeks to form his cabinet. Honestly it seems a little to me like Groundhog's Day because...it seems like we're always waiting on the prime minister to form his government...but Allawi is making a lot of progress. Allawi is really moving things forward...Today Monday he needed to submit the names for his cabinet. So he submitted 19 names and he mentioned three of the cabinet positions he doesn't have names for yet...this is because of some Kurdistan objection...but they are saying that the different blocks are agreeing on his picks...IMO if Allawi does it in his first go...I still have the opinion that a good time frame for this revaluation to happen is right around the second quarter. So April...if they bust their butt like Allawi is I could see things happening...
2-18-2020 Intel Guru Frank26 ...new prime minister = reinstatement IMO. A new prime minister means in my opinion the reinstatement will be fast. Fast! Not like the things we've been dealing with in the past years. I believe the cabinet formation is already there. I believe the Prime Minister is already there. I believe the Kurds are excited about doing business with Iraq and the HCL is already there. I believe article 140 is ready. I believe they are 1 to 1 electronically behind closed door because they do everything internationally...I believe things are happening at a very very volatile pace...MTA [Allawi] wants an overwhelming majority vote so there's no questions asked. So there's no problem whatsoever.
2-18-2020 Intel Guru MarkZ The news coming in is so great…When so much good news comes in from all sources it’s a bit scary…I’m tentatively excited but consider all as rumor until we have money in the bank. Bankers are excited and they just tell me what they are being told. I keep hearing from the banking side that tonight is the actual release…but there is stuff happening behind the scenes. My last conversation in Iraq was Saturday Night. Rumors they have a new rate from others but I cannot prove or disprove it...I also hear it [the dinar] may be around $3.45 to $3.50 now...The dong I still hear the street rate will start at .47 and float up…We know we are close…
2-18-2020 Newshound/Intel Guru Mnt Goat First, I want to clarify what we might hear in the news and how they represent it. When they say “Allawi’s new government” what do they mean? ...They mean the new cabinet selection for the ministries not parliament. Parliament is not being replaced at this time. To replace parliament, they must hold national elections...When they do conduct these elections, this will NOT include selecting yet another prime minister and his cabinet, as many might think. Allawi will stay the full term up to 2022 (2018-2022) ... WE have also confirmed this with the legal in Iraq...
2-18-2020 Intel Guru Delta ...the Central Bank of Iraq posted the updates on their spreadsheets and financial status...46 million dollars just for the month of December worth of lower denominations and that was the equivalent of about 825 billion dinar ...so far right now they've printed 180 million worth of currencies. And we all know this isn't just the paper notes that this also includes coins. For them to do that gives you an indication that they're moving forward there's no doubt about that...
2-18-2020 Intel Guru Frank26 ...they have failed twice IMO to bring forward the reinstatement of the Iraqi dinar.
2-18-2020 Intel Guru Delta ...In my personal opinion only - February is looking very very solid and I think we are going to move very very fast. As soon as they pass the government or around the same timing we should IMO see the Central Bank of Iraq change the rate. They are way behind schedule. They are overdue with all of that. The CBI I don't know if they can wait that much longer. So I'm giving them...to the end of this month. Two weeks the CBI should show us a rate.
2-18-2020 Newshound Guru Jeff ...it's very quiet in Iraq right now. The only things they've been talking about since the beginning of January was obviously finish forming the government and implementing the demonstrators demands...the demonstrators demands those are post rate change. Those come after the rate change. The actual roadmap that I've laid out...since last year is unfolding right before your eyes. It's exactly how I laid it out. It's been very quiet. Iraq is not talking about a lot of new things. Iraq is boxed in a corner they can't implement the demonstrators demands or reforms...we are looking amazing...
2-18-2020 Newshound Guru Vital Brad ...Prime Minister Allawi has been busting his butt the last couple of weeks to form his cabinet. Honestly it seems a little to me like Groundhog's Day because...it seems like we're always waiting on the prime minister to form his government...but Allawi is making a lot of progress. Allawi is really moving things forward...Today Monday he needed to submit the names for his cabinet. So he submitted 19 names and he mentioned three of the cabinet positions he doesn't have names for yet...this is because of some Kurdistan objection...but they are saying that the different blocks are agreeing on his picks...IMO if Allawi does it in his first go...I still have the opinion that a good time frame for this revaluation to happen is right around the second quarter. So April...if they bust their butt like Allawi is I could see things happening...
2-18-2020 Intel Guru Frank26 ...new prime minister = reinstatement IMO. A new prime minister means in my opinion the reinstatement will be fast. Fast! Not like the things we've been dealing with in the past years. I believe the cabinet formation is already there. I believe the Prime Minister is already there. I believe the Kurds are excited about doing business with Iraq and the HCL is already there. I believe article 140 is ready. I believe they are 1 to 1 electronically behind closed door because they do everything internationally...I believe things are happening at a very very volatile pace...MTA [Allawi] wants an overwhelming majority vote so there's no questions asked. So there's no problem whatsoever.
2-18-2020 Intel Guru MarkZ The news coming in is so great…When so much good news comes in from all sources it’s a bit scary…I’m tentatively excited but consider all as rumor until we have money in the bank. Bankers are excited and they just tell me what they are being told. I keep hearing from the banking side that tonight is the actual release…but there is stuff happening behind the scenes. My last conversation in Iraq was Saturday Night. Rumors they have a new rate from others but I cannot prove or disprove it...I also hear it [the dinar] may be around $3.45 to $3.50 now...The dong I still hear the street rate will start at .47 and float up…We know we are close…
2-18-2020 Newshound/Intel Guru Mnt Goat First, I want to clarify what we might hear in the news and how they represent it. When they say “Allawi’s new government” what do they mean? ...They mean the new cabinet selection for the ministries not parliament. Parliament is not being replaced at this time. To replace parliament, they must hold national elections...When they do conduct these elections, this will NOT include selecting yet another prime minister and his cabinet, as many might think. Allawi will stay the full term up to 2022 (2018-2022) ... WE have also confirmed this with the legal in Iraq...
2-18-2020 Intel Guru Delta ...the Central Bank of Iraq posted the updates on their spreadsheets and financial status...46 million dollars just for the month of December worth of lower denominations and that was the equivalent of about 825 billion dinar ...so far right now they've printed 180 million worth of currencies. And we all know this isn't just the paper notes that this also includes coins. For them to do that gives you an indication that they're moving forward there's no doubt about that...
2-18-2020 Intel Guru Frank26 ...they have failed twice IMO to bring forward the reinstatement of the Iraqi dinar.
2-17-2020 Intel Guru RayRen98 Iraqi TV news broadcasting Allawi meeting with the blocs about the vote... stating there will be 302 ministers of the 329 that have agreed to vote. This represents approximately 90% of Parliament. Allawi has been pushing to get his cabinet passed by making sure he has the votes secured before presenting it to Parliament. It now appears that the vote will be taken on Tuesday or possibly Thursday.
2-17-2020 Intel/Newshound Guru sandyf Holding on the myth surrounding Kuwait is clutching at straw. The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted, the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
12-17-2020 Newshound Guru Kaperoni There are some signs...that once the new government is in place they will revise the 2020 budget to only cover expenses. If true, that means the public/private partnership to begin reconstruction will be put on hold until next year. Guess we will wait and see.
2-17-2020 Intel Guru MarkZ No new rate in Iraq as of late on Saturday…no update yesterday...I am hearing phenomenal things…I am more than a little hopeful today...
2-17-2020 Intel/Newshound Guru sandyf [Does Iraq have to be in Article 8 status to have an international currency...] ...The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect. Article 8 makes a currency internationally recognized, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
2-17-2020 Intel Guru Frank26 ...I don't like the idea of people going to a mom & pop bank. Or a credit union. These places are not capable of taking care of you. They will take your dinars and send them to a bigger bank for authenticity. You don't want to separate yourself from your dinars. Please ok?...
2-17-2020 Intel Guru RayRen98 ...News sources are saying that 19 of the 22 cabinet names are acceptable. The last 3 are being blocked from the Kurds and Allawi is working on the last 3 issues. Breaking news on Iraqi TV - after all day meetings and deals, the passage of Allawi's cabinet could be in the coming hours. Sunni blocs, at 11:09 PM Baghdad time, confirmed their support for Allawi and he is expected to convene Parliament to take the vote. Time Will Tell...
2-17-2020 Intel/Newshound Guru sandyf Holding on the myth surrounding Kuwait is clutching at straw. The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted, the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
12-17-2020 Newshound Guru Kaperoni There are some signs...that once the new government is in place they will revise the 2020 budget to only cover expenses. If true, that means the public/private partnership to begin reconstruction will be put on hold until next year. Guess we will wait and see.
2-17-2020 Intel Guru MarkZ No new rate in Iraq as of late on Saturday…no update yesterday...I am hearing phenomenal things…I am more than a little hopeful today...
2-17-2020 Intel/Newshound Guru sandyf [Does Iraq have to be in Article 8 status to have an international currency...] ...The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect. Article 8 makes a currency internationally recognized, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
2-17-2020 Intel Guru Frank26 ...I don't like the idea of people going to a mom & pop bank. Or a credit union. These places are not capable of taking care of you. They will take your dinars and send them to a bigger bank for authenticity. You don't want to separate yourself from your dinars. Please ok?...
2-17-2020 Intel Guru RayRen98 ...News sources are saying that 19 of the 22 cabinet names are acceptable. The last 3 are being blocked from the Kurds and Allawi is working on the last 3 issues. Breaking news on Iraqi TV - after all day meetings and deals, the passage of Allawi's cabinet could be in the coming hours. Sunni blocs, at 11:09 PM Baghdad time, confirmed their support for Allawi and he is expected to convene Parliament to take the vote. Time Will Tell...
2-16-2020 Newshound Guru MilitiaMan "Al-Nassiri: Government support to the private sector is the savior for achieving economic reform" Quote: "Al-Nussairi added that there is a need to secure the governmental program for the interim or ordinary government with a clear vision of the role of the private sector for the new stage and to involve non-governmental experts and specialists in the implementation of the desired comprehensive economic, financial and banking reform program” The new stage and it implementation for comprehensive economic, financial and banking reforms... Today we saw them talking to the people about how to check authenticity of USD currency and the Dinar with coins considered! The new stage! Coins beget value!! One doesn’t counterfeit coins at a program rate...They don’t warn about counterfeiting coins for just no random reason. They warn about knowing other countries currency and that legal obligations are coming soon to the local currency. These things in the news earlier today suggest more reasoning they are about to get plenty of USD coming into banks and will need new local currency. A obligation for the locals will to cease using USD and will have to accept only local currency. Hence again, coins with value begets a warning to not counterfeit and to check your currency for authenticity before bringing it in!! Imo
2-16-2020 Newshound Guru Kathy Article: "Strategic advisor: Iran will not support the removal of US forces from Iraq .. “will lose the dollar" I don't really know if the US has any control over the RV or not, as [Guru] Randy and a few others think, but if they do, then this would seem to be a good reason to RV! Make their currency more valuable than the US currency and stop the auctions! Just a thought!
2-16-2020 Newshound Guru Whitelions [WHITELIONS...in your opinion...Does Iraq have to be in Article 8 status to have an international currency?"] ...no they do not have to be in 8 to go international...it will restrict what they can do but not the raise in value.
2-16-2020 Intel Guru Delta Article: "Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours" Quote: "Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday."
2-16-2020 Intel Guru Frank26 ...we only have two weeks left in the month of February. The key was to have a prime minister. Now the key is for him to receive the budget along with the new rate from the CBI. These are the next steps we should see after this weekend with a full cabinet...
2-16-2020 Newshound Guru Kathy Article: "Strategic advisor: Iran will not support the removal of US forces from Iraq .. “will lose the dollar" I don't really know if the US has any control over the RV or not, as [Guru] Randy and a few others think, but if they do, then this would seem to be a good reason to RV! Make their currency more valuable than the US currency and stop the auctions! Just a thought!
2-16-2020 Newshound Guru Whitelions [WHITELIONS...in your opinion...Does Iraq have to be in Article 8 status to have an international currency?"] ...no they do not have to be in 8 to go international...it will restrict what they can do but not the raise in value.
2-16-2020 Intel Guru Delta Article: "Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours" Quote: "Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday."
2-16-2020 Intel Guru Frank26 ...we only have two weeks left in the month of February. The key was to have a prime minister. Now the key is for him to receive the budget along with the new rate from the CBI. These are the next steps we should see after this weekend with a full cabinet...
2-15-2020 Newshound Guru MilitiaMan ...So, whereby, when they cease the Dollar Multi Currency Practice and Article 8 component, it will be illegal to accept payment in USD for goods and illegal to not accept IQD for goods when it is legal tender...there has been talk of the ATMs having been loaded with NSCNs and these above articles suggest that with the current warning having been given out about counterfeiting currency and coins, and obligations to accepting them if legal, suggests that there is an expectation for a rate change to warrant coins. A significant value is needed to be applied for them to worry about counterfeiting coins. We have been told to watch the ATMs. Why? As the banks will have to be prepared for activation of new software. These articles are a huge indicator for me...Articles suggest that the Dollar Auctions are to stop and this would indicate they are and make notice that the CBI has been showing pattern changes of recent imo. [post 2 of 2]
2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins. [post 1 of 2....stay tuned]
2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...
2-15-2020 Newshound/Intel Guru RVAlready Allawi told everyone in advance his government would be independent - that it would not represent any blocks...A little late for them to complain now.
2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
2-15-2020 Newshound Guru chattels Article: "Mohammed Al-Khalidi to / Nina: The new government consists of 22 independent ministers and is awaiting the parliament’s call for a session to pass it Saturday 15, February 2020" He explained that the new government consists of 22 ministries who are completely independent and that no name was repeated from the previous ministries, and the ministers were chosen by the Prime Minister-designate. There are reports that Allawi will present his program and ministers to an emergency session of Parliament as early as this Sunday or Monday.
2-15-2020 Newshound/Intel Guru Mnt Goat ...minister-designate Muhammad Tawfiq Allawi is sent to be the man who will finally break up the mess holding back this government and free the Iraqi people and its economy from Iranian enslavement. ...This miracle will kick off a chain reaction sounding throughout the financial works in the middle east. Watch and see…!!
2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins. [post 1 of 2....stay tuned]
2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...
2-15-2020 Newshound/Intel Guru RVAlready Allawi told everyone in advance his government would be independent - that it would not represent any blocks...A little late for them to complain now.
2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
2-15-2020 Newshound Guru chattels Article: "Mohammed Al-Khalidi to / Nina: The new government consists of 22 independent ministers and is awaiting the parliament’s call for a session to pass it Saturday 15, February 2020" He explained that the new government consists of 22 ministries who are completely independent and that no name was repeated from the previous ministries, and the ministers were chosen by the Prime Minister-designate. There are reports that Allawi will present his program and ministers to an emergency session of Parliament as early as this Sunday or Monday.
2-15-2020 Newshound/Intel Guru Mnt Goat ...minister-designate Muhammad Tawfiq Allawi is sent to be the man who will finally break up the mess holding back this government and free the Iraqi people and its economy from Iranian enslavement. ...This miracle will kick off a chain reaction sounding throughout the financial works in the middle east. Watch and see…!!
2-14-2020 Newshound Guru Jeff ...IMO I think Vietnam 's rate change would probably happen anywhere from somewhere around .05 to .25 cents. Going from where they're at today...that's a huge increase for them...the odds are they have to be linked and timed with the rate change [of the dinar]...I don't think Vietnam will change the rate when Iraq does. I think it's gonna happen a little ways down the road...it would have to be timed with their fiscal year...
2-14-2020 Newshound Guru Kaperoni This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector" "To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
2-14-2020 Intel Guru MarkZ [via PDK] Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
2-14-2020 Intel Guru Bruce ...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
2-14-2020 Guest Newshound Guru Pimpy ...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
2-14-2020 Newshound Guru Jeff ...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they can't start the budget approval process until after the rate has changed...
2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
2-14-2020 Newshound Guru Kaperoni This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector" "To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
2-14-2020 Intel Guru MarkZ [via PDK] Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
2-14-2020 Intel Guru Bruce ...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
2-14-2020 Guest Newshound Guru Pimpy ...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
2-14-2020 Newshound Guru Jeff ...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they can't start the budget approval process until after the rate has changed...
2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
2-13-2020 Newshound/Intel Guru Mnt Goat ...the designate PM is desperately attempting to get his government formally completed and ratified by parliament. He wants to get it right this year. Next he is going to try to ram-rod the 2020 budget with some changes to parliament and get is passed. Why is this so important for the RV? We know that the 2020 budget includes the reinstatement as there has been many scenarios played out by consultants hired the CBI to determine different “what if” scenarios for different rates. So we wait and watch for 2 things now: 1) getting the new prime minister ratified and his govt formed and 2) getting this damned budget to parliament and hopefully passed in record time. [post 2 of 2]
2-13-2020 Newshound/Intel Guru Mnt Goat So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors. They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project. Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it. So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long. [post 1 of 2....stay tuned]
2-13-2020 Intel Guru MarkZ [via PDK] [I hear the dong may only rv at .3 to .4 cents:] That would still be a good ROI but I do not believe that. I keep hearing that .47 is the street rate. And it will float higher… If it was to reinstate to where it was years ago before we devalued them…it would be in the $2.20s or $2.30s.
2-13-2020 Intel Guru Delta ...the Currency Issue Expenses [Of the CBI]. They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
2-13-2020 Intel/Newshound Guru sandyf ["If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020] There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt. Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount. Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.
2-13-2020 Intel Guru MarkZ [via PDK] From my contacts in the US…they say we havn’t seen it yet because there is still a protocol in place saying Trump needs to be out of the country . He does happen to leave for Geneva tonight or tomorrow. I am hopeful we are going to see it. I am hearing Iraq has everything put together for an expected vote this weekend to move rv forward. We know in their budget they are settling all past debts with Kuwait. We know this budget should have been approved in Jan and requires a much larger rate. We know they are in desperate need of this budget passing. And we know they are saying they will pass it in the next few days...we are clearly almost at the finish line.
2-13-2020 Newshound Guru Kaperoni ...MCP [MULTIPLE CURRENCY PRACTICES] has nothing to do with dual currencies...has to do with pricing...has to do with price of goods. MCP is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country. That will always exist in Iraq.
2-13-2020 Intel Guru Delta ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers. When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-13-2020 Newshound/Intel Guru Mnt Goat So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors. They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project. Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it. So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long. [post 1 of 2....stay tuned]
2-13-2020 Intel Guru MarkZ [via PDK] [I hear the dong may only rv at .3 to .4 cents:] That would still be a good ROI but I do not believe that. I keep hearing that .47 is the street rate. And it will float higher… If it was to reinstate to where it was years ago before we devalued them…it would be in the $2.20s or $2.30s.
2-13-2020 Intel Guru Delta ...the Currency Issue Expenses [Of the CBI]. They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
2-13-2020 Intel/Newshound Guru sandyf ["If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020] There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt. Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount. Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.
2-13-2020 Intel Guru MarkZ [via PDK] From my contacts in the US…they say we havn’t seen it yet because there is still a protocol in place saying Trump needs to be out of the country . He does happen to leave for Geneva tonight or tomorrow. I am hopeful we are going to see it. I am hearing Iraq has everything put together for an expected vote this weekend to move rv forward. We know in their budget they are settling all past debts with Kuwait. We know this budget should have been approved in Jan and requires a much larger rate. We know they are in desperate need of this budget passing. And we know they are saying they will pass it in the next few days...we are clearly almost at the finish line.
2-13-2020 Newshound Guru Kaperoni ...MCP [MULTIPLE CURRENCY PRACTICES] has nothing to do with dual currencies...has to do with pricing...has to do with price of goods. MCP is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country. That will always exist in Iraq.
2-13-2020 Intel Guru Delta ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers. When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-12-2020 Newshound Guru Kaperoni Currency auctions are based on a "balance" of dinar to dollars. In fact, the recent weeks have seen a significant increase in dollar sales, therefore the CBI has to inject dinar to balance it. That is why you also see an increase in recent weeks in the money supply of dinar...its the balance of the two that maintains the exchange rate and the stability of the spread is a IMF requirement. [ 2 percent 90 days yes] Yes, they are in compliance, but that is because they are maintaining a balance of dinar to dollar...so there is no way to significantly reduce the money supply (either dinar or dollars) under the current system. If they reduced the dollars, they could in theory also reduce the dinar but it must be a balance or the exchange rate and spread would change and if you reduced the dollars it would create issues since they need dollars for foreign exchange. It is complicated and their are many aspects you need to consider...it is not a simple, reduce the money and RV...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-11-2020 Intel Guru Footforward I'd be stunned if we are sitting here this time next year waiting for the RV to happen. There is incredible progress being made on the Iran front.
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-10-2020 Intel Guru Okie_Oil_Man Its my understanding this is not a taxable event. [Consult your tax professional at the appropriate time.]
2-10-2020 Intel Guru Frank26 Question [Have (Guru) Walkingstick's banks received instruction on which day to distribute the new small category notes?] IMO...Oh yeah! ...I have told you it's a schedule and the authority to launch that date has to come from the CBI. So do they have the date? I don't know. I know they have time-frames...
2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL
2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time.
2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.
2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 20202 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over.
2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...
2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.
2-10-2020 Intel Guru Frank26 Question [Have (Guru) Walkingstick's banks received instruction on which day to distribute the new small category notes?] IMO...Oh yeah! ...I have told you it's a schedule and the authority to launch that date has to come from the CBI. So do they have the date? I don't know. I know they have time-frames...
2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL
2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time.
2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.
2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 20202 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over.
2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...
2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.
2-9-2020 Intel Guru Okie_Oil_Man Tonight may be interesting and tomorrow may really be interesting…. A Zurich contact that I had said Tues, Wed may finally be our time…As I understand it tonight and tomorrow morning there is a possibility (key word) we may get 800 numbers. That is the last I got from “The source” who has the authority to make this happen.
2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news!
2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq.
2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the cbi has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1 to 1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol If they go to a 1 to 1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020]
2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.
2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news!
2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq.
2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the cbi has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1 to 1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol If they go to a 1 to 1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020]
2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.
2-8-2020 Newshound Guru Jeff ...Trump actually picked the year that he wanted this to happen. Obviously Iraq had to have a combination of stability too but Trump most likely wanted this timed for the rate change to be timed with his 2020 campaign theme of a strong economy...all we're waiting on here is a specific calendar day. [Sunday March 22, 2020]. Iraq does appear to be walking possibly when Kuwait did there's...everything is looking good.
2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at...
2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth.
2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...
2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...
2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.
2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at...
2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth.
2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...
2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...
2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.
2-7-2020 Newshound Guru Mnt Goat 2) Remember they must go at least 1:1 in rate if they pay out the stipends and this would mean the project to delete the zeros would be necessary. My take on all this is this is what will finally trigger the RV. This would also lead to the reinstatement. We know the banks have already exchanged three zero notes for the smaller category notes and have ample supplies to go ahead now. This happened over this past year. So they are ready for something. The CBI would not be doing all this is nothing was being planned. So, this is all VERY GOOD news for us...I am told this is coming in “the coming days”. However days always seem to miraculously turn into months somehow…lol.., [post 2 of 2]
2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation. [post 1 of 2....stay tuned]
2-7-2020 Intel Guru MarkZ [Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwaits fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them.
2-7-2020 Intel Guru Bruce [via WiserNow] ... there is action happening – there’s things happening behind the scenes...It’s just all moving...I’m here to say things are in motion – We have heard some things that talk about everything opening up overnight tonight [Thursday]...We know that the redemption centers have their schedules for the next 10-15 days in some cases but we don’t know exactly when the start is going to be...They don’t want us to know when it starts – They want it to be a surprise...My understanding was we were to get going pretty soon after President Trump was released or acquitted – ok – and that has taken place - so we’re just sitting here waiting – ready and waiting...
2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down... [You can always see the latest CBI official rate and daily market rate for the Iraqi dinar in the left column of this page.]
2-7-2020 Newshound/Intel Guru Mnt Goat Many...are now asking me for a new timeframe for the reinstatement. I promised a new target once the prime minister was chosen. I am very confident in Allawi and his abilities to turn Iraq around, given a chance to do so...We know that January was the OPTIMAL time for the CBI to reinstate the currency and it did not happen due circumstances. But...The CBI can reinstate the Iraq dinar anytime deemed necessary or desired...We know also that until the new year’s budget for 2020 is opened and used, it still makes sense for the CBI to reinstate as if in the January timeframe. I called my CBI contact and...I was told that just like the previous two years they have until the end of March as their deadline. If we go past this timeframe we are sunk again for yet another year. To me this sounds like our new window!
2-7-2020 Intel Guru MarkZ …in the past it was a secret and they never expected us to find out about these revaluations. That is why there has been so many delays…they never expected us to know. In Kuwait only a handful found out…then came the internet…and we found out… After world war 2 Germany revalued. Japan revalued… In the past Iran has revalued… Venezuela has revalued…look throughout history. In the past it was always the elite who profited and could take advantage of it. They were profiting off of war.
2-7-2020 Intel Guru BobTheTaxMan Question "Let's say you don't have the receipt for the dinar when you purchased - you don't need that to exchange do you?" No. Now earlier in this crazy game we're involved in there was an idea that you were going to have to have the original date of purchase because they thought it was going to be capital gains. In reality it's not. It's going to be ordinary income. It's going to be no different from exchanging currency you currently have in your pocket. It's not going to matter. So don't worry about that part...[Consult with financial and tax professionals at the appropriate time.]
2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation. [post 1 of 2....stay tuned]
2-7-2020 Intel Guru MarkZ [Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwaits fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them.
2-7-2020 Intel Guru Bruce [via WiserNow] ... there is action happening – there’s things happening behind the scenes...It’s just all moving...I’m here to say things are in motion – We have heard some things that talk about everything opening up overnight tonight [Thursday]...We know that the redemption centers have their schedules for the next 10-15 days in some cases but we don’t know exactly when the start is going to be...They don’t want us to know when it starts – They want it to be a surprise...My understanding was we were to get going pretty soon after President Trump was released or acquitted – ok – and that has taken place - so we’re just sitting here waiting – ready and waiting...
2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down... [You can always see the latest CBI official rate and daily market rate for the Iraqi dinar in the left column of this page.]
2-7-2020 Newshound/Intel Guru Mnt Goat Many...are now asking me for a new timeframe for the reinstatement. I promised a new target once the prime minister was chosen. I am very confident in Allawi and his abilities to turn Iraq around, given a chance to do so...We know that January was the OPTIMAL time for the CBI to reinstate the currency and it did not happen due circumstances. But...The CBI can reinstate the Iraq dinar anytime deemed necessary or desired...We know also that until the new year’s budget for 2020 is opened and used, it still makes sense for the CBI to reinstate as if in the January timeframe. I called my CBI contact and...I was told that just like the previous two years they have until the end of March as their deadline. If we go past this timeframe we are sunk again for yet another year. To me this sounds like our new window!
2-7-2020 Intel Guru MarkZ …in the past it was a secret and they never expected us to find out about these revaluations. That is why there has been so many delays…they never expected us to know. In Kuwait only a handful found out…then came the internet…and we found out… After world war 2 Germany revalued. Japan revalued… In the past Iran has revalued… Venezuela has revalued…look throughout history. In the past it was always the elite who profited and could take advantage of it. They were profiting off of war.
2-7-2020 Intel Guru BobTheTaxMan Question "Let's say you don't have the receipt for the dinar when you purchased - you don't need that to exchange do you?" No. Now earlier in this crazy game we're involved in there was an idea that you were going to have to have the original date of purchase because they thought it was going to be capital gains. In reality it's not. It's going to be ordinary income. It's going to be no different from exchanging currency you currently have in your pocket. It's not going to matter. So don't worry about that part...[Consult with financial and tax professionals at the appropriate time.]
2-6-2020 Intel Guru MarkZ [via PDK] If you look at the Kuwaiti Dinar it floated up to a high of $9.88 US during its revaluation and if you look at it today its valued at about $3.75 US if you were to look it up. Keep in mind years ago if you were to buy kuwaity dinar you could have bought it for $800-$900 US per million. So those screaming about “It’s never going to happen” look at history. I know several people who participated in the Kuwaiti Dinar reset. Just know that things like the RV/reset really do happen...
2-6-2020 Newshound Guru Vital Brad ...the prime minister Allawi he spoke to the demonstrators...I think it [the speech] does a really good job of portraying where his heart's at and the change that he wants to make for the people of Iraq...I think that is a wonderful speech...they're wonderful words but being in this so long there have been a lot of prime ministers that have said wonderful words. Action is gonna be what really separates whether what he's saying is honorable and true or whether he's just giving lip service. But I really was touched by this speech...
2-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BUSINESS NEWS: SERIOUS QUESTIONS ON THE APPRECIATION OF IRAQI DINAR" Quote: "...the “independence” of the CBI was compromised in negotiating and signing a ‘Stand-By Agreement’ with the IMF in late 2005." This refers to the first stand-by-agreement in 2005. We need to tie this in what happened in 2011-2018 and then into 2019 and how the independence of the CBI was compromised. So please don’t anyone tell me the CBI can reinstate anytime it wants to. This is NOT true. The CBI needs the permission and full support of the GOI which included the prime ministers cabinet and parliament. Now we see they also need the permission of the IMF...
2-6-2020 Intel Guru MarkZ [via PDK] [Do we have to wait for Iraq to clean up their mess?] I was told by my contacts in Iraq that the currency policy does not depend on the government. That is why a asset backed currency is so important. [Anything new on rates on the dinar?] I am still hearing the same thing…A street rate on the dinar of about $3.90 to $4...I am hearing the dong will release at .40 to .50 cents. And it will float to up around $2.00...
2-6-2020 Intel Guru BobTheTaxMan Question "Is dinar attached to a social security number -Is there anything special that needs to be done to exchange it?" No. The only reason why they ask for social security number is because of the intensifying of the rules and regulations chasing down terrorists. It just verifies you're a real person when you buy it. And that's its whole purpose. You'll see people selling dinar on eBay or Craig's List there's no social security number associated with any of that stuff. When they go to cash it in...they are not going to care where it came from. So don't worry about that. The only purpose in people asking for that social security number was for the dealerships so they could satisfy some of the IRS standards that are now in place. That's it. [Consult with your financial professional at the appropriate time.]
2-6-2020 Intel Guru Angel1 ...MTA [PM Allawi] is an extremely successful businessman...he has businesses all over England, UK, Lebanon, Morocco you name it. He has had successful businesses. Run huge corporations...we are seeing a direct reflection of what we have in the US. Trump is a businessman. We are getting incredible results because of it...And we are about to see incredible results because of it...he [Allawi] was in Washington several months ago doing what I like to call phase 1 of the interview. I believe he was interviewed for this very position that he's sitting in by Washington led by Trump...he gave an incredible speech on the importance of an increase of value to the Iraqi dinar. People ask me, 'what does the banking world think of MTA?' He's one of us. He's a businessman. He understands value...He is against corruption...this is who is in charge of Iraq now...Phase 2 - Iraq getting him onboard. He's now onboard. Phase 3 is implementation. I believe that's exactly where we are right now...
2-6-2020 Intel Guru Frank26 ...MTA [PM Allawi] has always been a pro advocate for the monetary reform. MTA is telling the citizens of Iraq he wants to activate the reforms in order to get the government going...he's waiting on the CBI to pass the baton [the new exchange rate] onto the GOI so they can do the economic reforms. This is called the monetary reform. And MTA wants both of them...
2-6-2020 Newshound Guru Adam Montana Article: "Iran desperately attempts to retain hold on Iraq" ...One great example of what's going on in the background - the stuff we don't see on the news...Iran is obviously making a last ditch effort to hold ground. Quote: "Iran on Sunday offered its full support for new Iraqi prime minister Mohammed Tawfiq Allawi and reiterated its backing for the government's demand for US forces to leave the country." Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face!
2-6-2020 Newshound Guru Vital Brad ...the prime minister Allawi he spoke to the demonstrators...I think it [the speech] does a really good job of portraying where his heart's at and the change that he wants to make for the people of Iraq...I think that is a wonderful speech...they're wonderful words but being in this so long there have been a lot of prime ministers that have said wonderful words. Action is gonna be what really separates whether what he's saying is honorable and true or whether he's just giving lip service. But I really was touched by this speech...
2-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BUSINESS NEWS: SERIOUS QUESTIONS ON THE APPRECIATION OF IRAQI DINAR" Quote: "...the “independence” of the CBI was compromised in negotiating and signing a ‘Stand-By Agreement’ with the IMF in late 2005." This refers to the first stand-by-agreement in 2005. We need to tie this in what happened in 2011-2018 and then into 2019 and how the independence of the CBI was compromised. So please don’t anyone tell me the CBI can reinstate anytime it wants to. This is NOT true. The CBI needs the permission and full support of the GOI which included the prime ministers cabinet and parliament. Now we see they also need the permission of the IMF...
2-6-2020 Intel Guru MarkZ [via PDK] [Do we have to wait for Iraq to clean up their mess?] I was told by my contacts in Iraq that the currency policy does not depend on the government. That is why a asset backed currency is so important. [Anything new on rates on the dinar?] I am still hearing the same thing…A street rate on the dinar of about $3.90 to $4...I am hearing the dong will release at .40 to .50 cents. And it will float to up around $2.00...
2-6-2020 Intel Guru BobTheTaxMan Question "Is dinar attached to a social security number -Is there anything special that needs to be done to exchange it?" No. The only reason why they ask for social security number is because of the intensifying of the rules and regulations chasing down terrorists. It just verifies you're a real person when you buy it. And that's its whole purpose. You'll see people selling dinar on eBay or Craig's List there's no social security number associated with any of that stuff. When they go to cash it in...they are not going to care where it came from. So don't worry about that. The only purpose in people asking for that social security number was for the dealerships so they could satisfy some of the IRS standards that are now in place. That's it. [Consult with your financial professional at the appropriate time.]
2-6-2020 Intel Guru Angel1 ...MTA [PM Allawi] is an extremely successful businessman...he has businesses all over England, UK, Lebanon, Morocco you name it. He has had successful businesses. Run huge corporations...we are seeing a direct reflection of what we have in the US. Trump is a businessman. We are getting incredible results because of it...And we are about to see incredible results because of it...he [Allawi] was in Washington several months ago doing what I like to call phase 1 of the interview. I believe he was interviewed for this very position that he's sitting in by Washington led by Trump...he gave an incredible speech on the importance of an increase of value to the Iraqi dinar. People ask me, 'what does the banking world think of MTA?' He's one of us. He's a businessman. He understands value...He is against corruption...this is who is in charge of Iraq now...Phase 2 - Iraq getting him onboard. He's now onboard. Phase 3 is implementation. I believe that's exactly where we are right now...
2-6-2020 Intel Guru Frank26 ...MTA [PM Allawi] has always been a pro advocate for the monetary reform. MTA is telling the citizens of Iraq he wants to activate the reforms in order to get the government going...he's waiting on the CBI to pass the baton [the new exchange rate] onto the GOI so they can do the economic reforms. This is called the monetary reform. And MTA wants both of them...
2-6-2020 Newshound Guru Adam Montana Article: "Iran desperately attempts to retain hold on Iraq" ...One great example of what's going on in the background - the stuff we don't see on the news...Iran is obviously making a last ditch effort to hold ground. Quote: "Iran on Sunday offered its full support for new Iraqi prime minister Mohammed Tawfiq Allawi and reiterated its backing for the government's demand for US forces to leave the country." Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face!
2-5-2020 Intel Guru Angel1 ...I believe 30 days is enough time for the process to take place to reinstate the currency of Iraq...businessmen are now in charge...
2-5-2020 Newshound Guru Adam Montana Article: "Iraqi Kurdistan agrees with Baghdad on 2020 budget share" I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening.
2-5-2020 Newshound Guru Kaperoni Here is a fact...according to the Prime Minister's economic advisor Muhammad Salih, Iraq is ninth in the world in terms of natural resources underground estimated at about 15–16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials. With that known, what makes one think the CBI could significantly overnight RV/RI the dinar with excess of 42 trillion in circulation? That would be giving away over two times the countries entire wealth! Not going to happen...
2-5-2020 Newshound/Intel Guru Mnt Goat Note how the demonstrators do not talk much, if any, about the currency auctions now? What happened was that after their first set of demands when they demanded the currency auctions end, the CBI came out and told them that currency reform was about to happen and was progressing but is stalled due to the instability by the demonstrators. So they then said they would continue again once the demonstrators when home and things settled down.
2-5-2020 Newshound Guru Jeff Article "Kurdistan region confirms readiness to abide by the terms of the agreement and hand over Baghdad revenues of 250 thousand barrels per day" This is a great article further confirming that the agreement between Kurdistan and Baghdad has not been implemented. It's waiting on the 2020 Budget approval to be implemented. Remember these are post rate change steps and agreements. That's why these types of agreements have never been activated or implemented before between Kurdistan and Baghdad. It's just more confirming great news...
2-5-2020 Newshound Guru Adam Montana ...We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. ...I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need...
2-5-2020 Intel Guru MarkZ [via PDK] Things from the news today pointing to us being close…At Redemption Centers part of them are in…part of them are on call. [Mark are we needing Iraq to complete their government for us to move forward to the RV?] Part of the move of the Global Currency Reset is the governments don’t matter as long as the assets are there so I am told it won’t matter. I am however being told we will see the government fall into place immediately on the reset or reinstatement of that value of the dinar.
2-5-2020 Intel Guru Bruce [via WiserNow] I want to remind everybody that we do feel like we are very, very close to this going...What we are seeing is we had an opportunity to go either today or tomorrow (Wed)...emphasis on ...(Wed)...all I can tell you is the redemption staff will be in tomorrow [Wednesday]... I think they are going to be prepared for a late morning start for setting appointments for us...Rates are continuing to climb as the Dinar did come back up on the screen – we heard that from our Forex contact... There’s not a whole lot to tell when you’re at the end of the ride - that’s pretty much where we are...everything is stationed – and ready to go...
2-5-2020 Newshound Guru Vital Brad ...looks like so far the little time Allawi has been in he's getting things done which is good. We want to set the government for this revaluation to take place. We want Iraq as stable as absolute possible...
2-5-2020 Newshound Guru Kaperoni ...guru Frank26...thinks some big RV/RI is going to happen and people are going to exchange their dinar at banks...It could take years for banks to ever include the dinar in there currency exchange portfolio because of it's volatility. Most banks by nature are very conservative so I wouldn't expect banks to jump in right away and add the dinar to their portfolio of exchangeable currencies. But even so, that is assuming there was some significant overnight event to raise the value of the dinar. Which won't happen...There is no overnight event call it whatever you want. Most of the same reasons still apply...there is over 42 trillion dinar in circulation and Iraq never could afford any significant RV. Plus, if they ever did it would throw the whole economic system in Iraq into total chaos. Just not how economies and monetary policy work. The whole idea of an overnight significant RV is a fallacy. If the dinar is ever going to go up in value it's going to go up gradually over time via a float...
2-5-2020 Intel Guru Frank26 ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform. And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...
2-5-2020 Newshound Guru Adam Montana Article: "Iraqi Kurdistan agrees with Baghdad on 2020 budget share" I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening.
2-5-2020 Newshound Guru Kaperoni Here is a fact...according to the Prime Minister's economic advisor Muhammad Salih, Iraq is ninth in the world in terms of natural resources underground estimated at about 15–16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials. With that known, what makes one think the CBI could significantly overnight RV/RI the dinar with excess of 42 trillion in circulation? That would be giving away over two times the countries entire wealth! Not going to happen...
2-5-2020 Newshound/Intel Guru Mnt Goat Note how the demonstrators do not talk much, if any, about the currency auctions now? What happened was that after their first set of demands when they demanded the currency auctions end, the CBI came out and told them that currency reform was about to happen and was progressing but is stalled due to the instability by the demonstrators. So they then said they would continue again once the demonstrators when home and things settled down.
2-5-2020 Newshound Guru Jeff Article "Kurdistan region confirms readiness to abide by the terms of the agreement and hand over Baghdad revenues of 250 thousand barrels per day" This is a great article further confirming that the agreement between Kurdistan and Baghdad has not been implemented. It's waiting on the 2020 Budget approval to be implemented. Remember these are post rate change steps and agreements. That's why these types of agreements have never been activated or implemented before between Kurdistan and Baghdad. It's just more confirming great news...
2-5-2020 Newshound Guru Adam Montana ...We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. ...I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need...
2-5-2020 Intel Guru MarkZ [via PDK] Things from the news today pointing to us being close…At Redemption Centers part of them are in…part of them are on call. [Mark are we needing Iraq to complete their government for us to move forward to the RV?] Part of the move of the Global Currency Reset is the governments don’t matter as long as the assets are there so I am told it won’t matter. I am however being told we will see the government fall into place immediately on the reset or reinstatement of that value of the dinar.
2-5-2020 Intel Guru Bruce [via WiserNow] I want to remind everybody that we do feel like we are very, very close to this going...What we are seeing is we had an opportunity to go either today or tomorrow (Wed)...emphasis on ...(Wed)...all I can tell you is the redemption staff will be in tomorrow [Wednesday]... I think they are going to be prepared for a late morning start for setting appointments for us...Rates are continuing to climb as the Dinar did come back up on the screen – we heard that from our Forex contact... There’s not a whole lot to tell when you’re at the end of the ride - that’s pretty much where we are...everything is stationed – and ready to go...
2-5-2020 Newshound Guru Vital Brad ...looks like so far the little time Allawi has been in he's getting things done which is good. We want to set the government for this revaluation to take place. We want Iraq as stable as absolute possible...
2-5-2020 Newshound Guru Kaperoni ...guru Frank26...thinks some big RV/RI is going to happen and people are going to exchange their dinar at banks...It could take years for banks to ever include the dinar in there currency exchange portfolio because of it's volatility. Most banks by nature are very conservative so I wouldn't expect banks to jump in right away and add the dinar to their portfolio of exchangeable currencies. But even so, that is assuming there was some significant overnight event to raise the value of the dinar. Which won't happen...There is no overnight event call it whatever you want. Most of the same reasons still apply...there is over 42 trillion dinar in circulation and Iraq never could afford any significant RV. Plus, if they ever did it would throw the whole economic system in Iraq into total chaos. Just not how economies and monetary policy work. The whole idea of an overnight significant RV is a fallacy. If the dinar is ever going to go up in value it's going to go up gradually over time via a float...
2-5-2020 Intel Guru Frank26 ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform. And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...
2-4-2020 Newshound Guru MilitiaMan Well it has been awhile since we have heard about the Iraq Stock Exchange. An look at what they are talking about. They are talking about a "MECHANISM FOR INCREASING THE RETURN ON BANK SHARES"! To increase banks share with a mechanism, at this stage is a change in value in what mechanism they use in the market place. If they are to interlink like we have heard in the past to the NASDAQ then the mechanism to be used is going to have to be a fairly large one to get the return they are looking for. Imo. A return is a profit...IMO. This bodes well for us...imo.
2-4-2020 Newshound Guru Chattels We will know better what we have or are dealing with better when we can see the names of the new cabinet nominees I hope. It occurs to me that Allawi is going to have to distance himself from even the appearance of impropriety of "connectedness" to political faction to have any chance of obtaining some approval from the protesters.
2-4-2020 Newshound/Intel Guru Mnt Goat Article: "UNCONFIRMED: MUHAMMED TAWFIQ ALAWI REFUSED BY IRAQ PROTESTORS but is accepted by the normal citizen." ...this news is unconfirmed but I think this is more of the Iranian protestors than the average Iraqi citizen. They are giving Allawi a bad rap even before they know of his policies. Let’s just watch and see what he does. We need him to push the CBI and support the “project to delete the zeros”. The support will come from the Finance committee of the cabinet. They will have to send a referendum to parliament for a vote. This will be our sign they are going to move ahead for sure. At least this is what I am not told by my CBI contact in Baghdad.
2-4-2020 Intel Guru MarkZ I am being told they are testing the digital aspect of our currency…the initial tests were done over the last 4 days or so...testing again today and tomorrow…we are very close. I am still told the currencies we have are all in one basket.
2-4-2020 Intel Guru Footforward In my opinion the dinar is taxable. It's capital gains. I will be talking to a good accountant and a tax lawyer... [Check with your tax professional at the appropriate time.]
2-4-2020 Intel Guru Frank26 ...once we sit this prime minister and we did didn't we! On the 1st of February, strictly my opinion, within a 30 day time frame we should see a change in the value of the currency. I'm being very sincere here. I'm excited about this guy. I like him. Let me tell you why...he has a long history in the government of Iraq...his history has been superior in supporting the Iraqi citizens...he was involved in financial committees of the GOI. He has expertise in finances...he's a business man...we have 18 bullet points of why Donald Trump picked this man...
2-4-2020 Newshound Guru Jeff [Question via pimpy] Everybody thinks it's [the RV] gonna happen the 1st quarter of this year...if for whatever reason it doesn't pop off, what's left? That's a hard one to answer because looking at everything they've done since the beginning of '19 I don't really think there is anything left...Iraq has done too much. I don't see how they cannot do it...IMO they're at the last step positioning the money for the rate change...
2-4-2020 Newshound Guru Chattels We will know better what we have or are dealing with better when we can see the names of the new cabinet nominees I hope. It occurs to me that Allawi is going to have to distance himself from even the appearance of impropriety of "connectedness" to political faction to have any chance of obtaining some approval from the protesters.
2-4-2020 Newshound/Intel Guru Mnt Goat Article: "UNCONFIRMED: MUHAMMED TAWFIQ ALAWI REFUSED BY IRAQ PROTESTORS but is accepted by the normal citizen." ...this news is unconfirmed but I think this is more of the Iranian protestors than the average Iraqi citizen. They are giving Allawi a bad rap even before they know of his policies. Let’s just watch and see what he does. We need him to push the CBI and support the “project to delete the zeros”. The support will come from the Finance committee of the cabinet. They will have to send a referendum to parliament for a vote. This will be our sign they are going to move ahead for sure. At least this is what I am not told by my CBI contact in Baghdad.
2-4-2020 Intel Guru MarkZ I am being told they are testing the digital aspect of our currency…the initial tests were done over the last 4 days or so...testing again today and tomorrow…we are very close. I am still told the currencies we have are all in one basket.
2-4-2020 Intel Guru Footforward In my opinion the dinar is taxable. It's capital gains. I will be talking to a good accountant and a tax lawyer... [Check with your tax professional at the appropriate time.]
2-4-2020 Intel Guru Frank26 ...once we sit this prime minister and we did didn't we! On the 1st of February, strictly my opinion, within a 30 day time frame we should see a change in the value of the currency. I'm being very sincere here. I'm excited about this guy. I like him. Let me tell you why...he has a long history in the government of Iraq...his history has been superior in supporting the Iraqi citizens...he was involved in financial committees of the GOI. He has expertise in finances...he's a business man...we have 18 bullet points of why Donald Trump picked this man...
2-4-2020 Newshound Guru Jeff [Question via pimpy] Everybody thinks it's [the RV] gonna happen the 1st quarter of this year...if for whatever reason it doesn't pop off, what's left? That's a hard one to answer because looking at everything they've done since the beginning of '19 I don't really think there is anything left...Iraq has done too much. I don't see how they cannot do it...IMO they're at the last step positioning the money for the rate change...
2-3-2020 Newshound Guru ChrisC Article: "The Prime Minister-designate began searching for his ministerial staff 45 days ago" ...months and months ago, Saleh met with Trump and at that point at least they were laying out a game plan. They met again and then once more recently, so, I am sure they have his cabinet picked to the last person. ...this is at a critical point for Iraq. Iran has lost a major grip on Iraq, but they still have their hand in there. The people have taken all they can stand and they can't stands no more, so they have to be calmed down. I think we will see his cabinet picked in record time and confirmed and the people will have their currency back and at that point, Iran will have to start withdrawing their hand or have it cut off...we will have to see what their move will be.
2-3-2020 Intel Guru MarkZ ...I spoke to folks all over and yes, they do believe this is our week …. I am sure you are as tired of hearing that as I am of saying it. But recently because I know we are so close I have had a peace settle into me…. I am no longer looking for it minute to minute because I know it’s going to happen. I feel really good about it. As for Redemption centers…they are back at work today...There is a lot of news happening this week. In Iraq…new Prime Minister and lots of talk about the budget…
2-3-2020 Newshound Guru Jeff ...Over the weekend they came out saying that Allawi the new PM might try to get his government formed within approximately 3 weeks. Another article came out saying they were going to open the path to reform and that's great news but the good thing...is they're talking in circles...they're just repeating all of the same information that they have. Clear since last year, reforms, reconstruction and the end result...they're waiting on the rate change. That's why they just keep repeating themselves talking in circles...they're showing you everything's waiting on the rate change including the approval process of the budget. We're looking good. Everything's moving in the right direction...
2-3-2020 Intel Guru Footforward [...Any thoughts on the dong?] I don't have dong. My opinion is the dinar will be far and away be the big winner. The issue hasn't ever been the laws or Iraq's government. They have long since finished the things that need to happen for the RV. It just needs to be activated. IMO.
2-3-2020 Newshound Guru Adam Montana [...I still would have preferred the other Allawi...] Agreed on the Allawi we got, but it is what it is and I don’t care who gets the job done as long as it gets done! Whether we see an RV this week or not, I’m very solid that we are going to have a much clearer picture over the next few days.
2-3-2020 Intel Guru Frank26 ...If we exchange at American banks do the dinars go to the United States Treasury? ...If you go to an American bank, yes. Let's say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury... Let's say...you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI...they get their spread (profit) another way...
2-3-2020 Newshound Guru Jeff ...Iraq is looking really good. Everything's moving in the right direction...nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in '19. Nothing's going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM...none of that is accurate...they've go a set calendar date. It's most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Newshound/Intel Guru BGG [reference sandyf post 2-2-2020] We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-3-2020 Intel Guru MarkZ ...I spoke to folks all over and yes, they do believe this is our week …. I am sure you are as tired of hearing that as I am of saying it. But recently because I know we are so close I have had a peace settle into me…. I am no longer looking for it minute to minute because I know it’s going to happen. I feel really good about it. As for Redemption centers…they are back at work today...There is a lot of news happening this week. In Iraq…new Prime Minister and lots of talk about the budget…
2-3-2020 Newshound Guru Jeff ...Over the weekend they came out saying that Allawi the new PM might try to get his government formed within approximately 3 weeks. Another article came out saying they were going to open the path to reform and that's great news but the good thing...is they're talking in circles...they're just repeating all of the same information that they have. Clear since last year, reforms, reconstruction and the end result...they're waiting on the rate change. That's why they just keep repeating themselves talking in circles...they're showing you everything's waiting on the rate change including the approval process of the budget. We're looking good. Everything's moving in the right direction...
2-3-2020 Intel Guru Footforward [...Any thoughts on the dong?] I don't have dong. My opinion is the dinar will be far and away be the big winner. The issue hasn't ever been the laws or Iraq's government. They have long since finished the things that need to happen for the RV. It just needs to be activated. IMO.
2-3-2020 Newshound Guru Adam Montana [...I still would have preferred the other Allawi...] Agreed on the Allawi we got, but it is what it is and I don’t care who gets the job done as long as it gets done! Whether we see an RV this week or not, I’m very solid that we are going to have a much clearer picture over the next few days.
2-3-2020 Intel Guru Frank26 ...If we exchange at American banks do the dinars go to the United States Treasury? ...If you go to an American bank, yes. Let's say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury... Let's say...you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI...they get their spread (profit) another way...
2-3-2020 Newshound Guru Jeff ...Iraq is looking really good. Everything's moving in the right direction...nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in '19. Nothing's going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM...none of that is accurate...they've go a set calendar date. It's most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Newshound/Intel Guru BGG [reference sandyf post 2-2-2020] We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-2-2020 Intel Guru Frank26 Question "Now that a progressive Prime Minister has been named and his cabinet apparently set what is the time-frame for the RI in your opinion?" I don't know but inside that thirty days that he has to pick his new cabinet that's what we're hoping. That the baton will be passed from the CBI to the GOI. It would be an opportune time cause you would have the GOI physically ready to accept the new rate. The new currency...
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran"...and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. [post 2 of 2]
2-2-2020 Newshound Guru Adam Montana ...as of yesterday, Iraq has a new Prime Minister..."Mohammed Tawfik Allawi"...There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources...If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. [post 1 of 2....stay tuned]
2-2-2020 Intel Guru Footforward You don't need to worry about who the next PM will be in Iraq. Why? Iran isn't controlling Iraq anymore. Trump and Kushner are...IMO... Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran's proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! ...Isn't that the guy they [the protesters] wanted? ...it's confusing...they all have the common cause, they don't want Iran...I don't really care who they pick...what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place...the real guy we want we'll make sure he gets put in through a vote...the key thing is we have a Prime Minister...
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. ...Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.
2-2-2020 Intel/Newshound Guru sandyf [Kuwait tried to work with Iraq on how they RI'd their currency in 1991 but left on deaf eyes. Kuwait's currency went from 0.05 usd to 3.48 usd.] That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD...the KWD was unrecognized and the currency had no value. The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran"...and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. [post 2 of 2]
2-2-2020 Newshound Guru Adam Montana ...as of yesterday, Iraq has a new Prime Minister..."Mohammed Tawfik Allawi"...There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources...If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. [post 1 of 2....stay tuned]
2-2-2020 Intel Guru Footforward You don't need to worry about who the next PM will be in Iraq. Why? Iran isn't controlling Iraq anymore. Trump and Kushner are...IMO... Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran's proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! ...Isn't that the guy they [the protesters] wanted? ...it's confusing...they all have the common cause, they don't want Iran...I don't really care who they pick...what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place...the real guy we want we'll make sure he gets put in through a vote...the key thing is we have a Prime Minister...
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. ...Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.
2-2-2020 Intel/Newshound Guru sandyf [Kuwait tried to work with Iraq on how they RI'd their currency in 1991 but left on deaf eyes. Kuwait's currency went from 0.05 usd to 3.48 usd.] That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD...the KWD was unrecognized and the currency had no value. The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.
2-2-2020 **** Dinar Guru News Flash **** It's "official" - Iraq has a new Prime Minister. Mohammad Allawi. He is an interim prime minister and is expected to serve until new elections are held. It's unclear if new PM Allawi will stick. Many of the protester have rejected his nomination. He comes with a mixed political history. He was Maliki's communications minister BUT he resigned claiming corruption in Maliki's government. Some gurus feel he is a good compromise choice - he's someone the pro-Iranian government official can accept and he's someone the protestors can believe will support Iraq and not Iran. Many gurus felt the dinar reform could not more forward without a new prime minister in place. Stay tuned as this story unfolds! The latest Guru posts will continue below...
2-1-2020 Intel Guru Delta Article: "Tawfiq Allawi thanks Saleh for assigning him to form a government and pledges to prepare for early elections" IT'S A DONE DEAL IT'S ALL OVER THE NEWS IN IRAQ...THE PM THAT WAS ELECTED WILL BE IN POWER UNTIL THE NEXT ELECTION. AND NO...WE DON'T HAVE TO WAIT UNTIL THE NEXT ELECTION TO MR. (Monetary Reform) THE CBI IS MOVING FORWARD AND THEY CAN'T GO BACK IT'S A ONE WAY STREET NOW. IMO THEY HAVE A DATE SET. ...THE CBI TOLD US...THEY MADE THEIR MIND AND THEY ARE MOVING FORWARD NO MATTER WHAT AND THAT IS FACT NOT OPINION! ...PM IS AN IMPORTANT FACTOR...BUT CBI CAN'T HOLD IT THAT LONG ANYMORE...
2-1-2020 Newshound Guru Chattels "In Iraq, Mohammed Allawi official nominee to be next PM after political blocs reach agreement." It would appear that these reports confirm Allawi as the PM designate. Allawi will propose Ministers and he with them must be "elected" by the Parliament individually. Remember Allawi may only be the interim PM until the new elections. Allawi's nominees for ministry position will be as interim with his government.
2-1-2020 Newshound/Intel Guru Mnt Goat Article quote: "An informed political source revealed, on Saturday, the political blocs agree on assigning candidate Mohammed Allawi to head the government this afternoon. The source said to "Al-Alkhbaria" that "the political blocs agreed to name Muhammad Tawfig Allawi as prime minister after the approval of all parties."
2-1-2020 Newshound Guru Kaperoni The Iraqi president has chosen a new prime minister to form a government... Muhammad Tawfiq Allawi. Hope this one holds and everyone can agree.
2-1-2020 Newshound Guru MilitiaMan ...videos...showed the money being destroyed and them having been given orders to complete the Monetary Reforms, all support that we are waiting on the CBI to show they exchange rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in... [post 3 of 3]
2-1-2020 Newshound Guru MilitiaMan ...the GOI is hiding something. So is the CBI. They are hiding the 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence the exchange rate was hidden all this time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, they destroyed good quality notes in massive quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. [post 2 of 3....stay tuned]
2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that the 2020 budget law has apparently been hidden since October 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. [post 1 of 3....stay tuned]
2-1-2020 Newshound Guru Kaperoni Until they get a new prime minister, a cabinet, and get things back on track there will be no currency reform. Iraq still needs to pass laws, implement those laws and create the conditions investors are looking for to rebuild the country.
2-1-2020 Newshound Guru Jeff ...when Iraq had their internal differences typically a representative inside the U.S. Embassy in Iraq would meet with them. Coach them...help them resolve their political differences...after Mahdi resigned at the beginning of December just roughly a week later Salih flew to Washington to meet with Trump...Approximately 24 days later they amended the election law...and then they amended the Financial Management Law...remember this is a classified event. That's why they have to mislead us and make Iraq look more unstable than it really is. IMO I firmly believe the formation of the government is complete...the budget and everything in Iraq right now is waiting on the rate change. That has to happen first, then everything else including the budget can start...
2-1-2020 Newshound Guru Chattels "In Iraq, Mohammed Allawi official nominee to be next PM after political blocs reach agreement." It would appear that these reports confirm Allawi as the PM designate. Allawi will propose Ministers and he with them must be "elected" by the Parliament individually. Remember Allawi may only be the interim PM until the new elections. Allawi's nominees for ministry position will be as interim with his government.
2-1-2020 Newshound/Intel Guru Mnt Goat Article quote: "An informed political source revealed, on Saturday, the political blocs agree on assigning candidate Mohammed Allawi to head the government this afternoon. The source said to "Al-Alkhbaria" that "the political blocs agreed to name Muhammad Tawfig Allawi as prime minister after the approval of all parties."
2-1-2020 Newshound Guru Kaperoni The Iraqi president has chosen a new prime minister to form a government... Muhammad Tawfiq Allawi. Hope this one holds and everyone can agree.
2-1-2020 Newshound Guru MilitiaMan ...videos...showed the money being destroyed and them having been given orders to complete the Monetary Reforms, all support that we are waiting on the CBI to show they exchange rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in... [post 3 of 3]
2-1-2020 Newshound Guru MilitiaMan ...the GOI is hiding something. So is the CBI. They are hiding the 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence the exchange rate was hidden all this time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, they destroyed good quality notes in massive quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. [post 2 of 3....stay tuned]
2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that the 2020 budget law has apparently been hidden since October 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. [post 1 of 3....stay tuned]
2-1-2020 Newshound Guru Kaperoni Until they get a new prime minister, a cabinet, and get things back on track there will be no currency reform. Iraq still needs to pass laws, implement those laws and create the conditions investors are looking for to rebuild the country.
2-1-2020 Newshound Guru Jeff ...when Iraq had their internal differences typically a representative inside the U.S. Embassy in Iraq would meet with them. Coach them...help them resolve their political differences...after Mahdi resigned at the beginning of December just roughly a week later Salih flew to Washington to meet with Trump...Approximately 24 days later they amended the election law...and then they amended the Financial Management Law...remember this is a classified event. That's why they have to mislead us and make Iraq look more unstable than it really is. IMO I firmly believe the formation of the government is complete...the budget and everything in Iraq right now is waiting on the rate change. That has to happen first, then everything else including the budget can start...
1-31-20 20 Intel Guru Frank26 ...IMO when they give you the Prime Minister somewhere in that ballpark range of 30 days I believe they are going to release the new rate and new small category notes...the prime minister that the citizens want will be granted to them IMO by the United States of America at a specific time where that time-frame we believe they will release the new rate and the new currency...
1-31-2020 Intel Guru Bruce [via Wiser Now] ...Now, there are so many different aspects of this – this is definitely a moving target... But we also know that things are happening to make all of this to come together for us behind the scenes...Well, I think that even though I would like to get this thing over night or Saturday early morning the best information we’re getting from our bank sources – is pointing more toward Monday for toll free numbers...we could possibly start Monday afternoon ...Some people put out the possibility of a toll free number...to come out during the super bowl...I do not agree with that possibility - if it happens... SUPER...this weekend could be a really interesting weekend...
1-31-2020 Intel Guru AdminBill [via PDK] THERE IS EVERY REASON TO BELIEVE THAT FEBRUARY WILL BE A GOOD MONTH FOR CURRENCY HOLDERS...
1-31-2020 Newshound Guru Jeff Article Quote "The budget bill is compete and will be sent immediately to the parliament after the formation of the new government" ...that's great news because that's just telling us everything...demonstrators demands, article 140, HCL, the budget everything with the country of Iraq is very clearly waiting on the rate change...
1-31-2020 Newshound Guru Kaperoni ...guru Jeff says Iraq cant do a damn thing until their is a rate change. ...Of course the can and will...
1-31-2020 Intel Guru MarkZ [via PDK] Here we are at Jan 31st, and it always irritates me that they let another month slip by...My redemption center folks will be on call all weekend. [We hear from other gurus that give their opinion but why doesn’t anybody ever hear from bank personnel, exchange center people, people in Iraq...?] ...because most of them are under very strict NDA's.
1-31-2020 Newshound Guru Jeff ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today. That's why Kuwait had changed the [their] rate towards the end of March...there are no delays. There are no holdups. If you want to say there's a delay or hold up you know what it is? It's called the rate change...Iraq can't do a damn thing until that rate change. They can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...
1-31-2020 Newshound Guru Chattels It is Holy Day in Iraq. Not a lot of news today. Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for all? The prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.
1-31-2020 Newshound/Intel Guru Mnt Goat Article: Reuters Thu Apr 12, 2012 "IRAQ HALTS PLANS TO CUT ZEROS OFF DINAR CURRENCY-CABINET" Quote: "...a statement on the website of the cabinet secretary said THE CABINET HAD DECIDED TO HALT ALL PROCEDURES RELATING TO THE REDENOMINATION OF THE DINAR "UNTIL FURTHER NOTICE". So why is this old article from 2012 important? It is important because...it shows us they do plan to delete the zeros and redenominate the currency and so this is real not just a get rich quick scheme or scam.
1-31-2020 Intel Guru Bruce [via Wiser Now] ...Now, there are so many different aspects of this – this is definitely a moving target... But we also know that things are happening to make all of this to come together for us behind the scenes...Well, I think that even though I would like to get this thing over night or Saturday early morning the best information we’re getting from our bank sources – is pointing more toward Monday for toll free numbers...we could possibly start Monday afternoon ...Some people put out the possibility of a toll free number...to come out during the super bowl...I do not agree with that possibility - if it happens... SUPER...this weekend could be a really interesting weekend...
1-31-2020 Intel Guru AdminBill [via PDK] THERE IS EVERY REASON TO BELIEVE THAT FEBRUARY WILL BE A GOOD MONTH FOR CURRENCY HOLDERS...
1-31-2020 Newshound Guru Jeff Article Quote "The budget bill is compete and will be sent immediately to the parliament after the formation of the new government" ...that's great news because that's just telling us everything...demonstrators demands, article 140, HCL, the budget everything with the country of Iraq is very clearly waiting on the rate change...
1-31-2020 Newshound Guru Kaperoni ...guru Jeff says Iraq cant do a damn thing until their is a rate change. ...Of course the can and will...
1-31-2020 Intel Guru MarkZ [via PDK] Here we are at Jan 31st, and it always irritates me that they let another month slip by...My redemption center folks will be on call all weekend. [We hear from other gurus that give their opinion but why doesn’t anybody ever hear from bank personnel, exchange center people, people in Iraq...?] ...because most of them are under very strict NDA's.
1-31-2020 Newshound Guru Jeff ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today. That's why Kuwait had changed the [their] rate towards the end of March...there are no delays. There are no holdups. If you want to say there's a delay or hold up you know what it is? It's called the rate change...Iraq can't do a damn thing until that rate change. They can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...
1-31-2020 Newshound Guru Chattels It is Holy Day in Iraq. Not a lot of news today. Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for all? The prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.
1-31-2020 Newshound/Intel Guru Mnt Goat Article: Reuters Thu Apr 12, 2012 "IRAQ HALTS PLANS TO CUT ZEROS OFF DINAR CURRENCY-CABINET" Quote: "...a statement on the website of the cabinet secretary said THE CABINET HAD DECIDED TO HALT ALL PROCEDURES RELATING TO THE REDENOMINATION OF THE DINAR "UNTIL FURTHER NOTICE". So why is this old article from 2012 important? It is important because...it shows us they do plan to delete the zeros and redenominate the currency and so this is real not just a get rich quick scheme or scam.
1-30-2020 Intel Guru Footforward Article quote: "Sairoon & Fatah Coalitions agree on nomination of Mohammed Allawi as next PM." Mohamed is the guy we want...Alot of news going around. I do expect Allawi to be the next PM. [Did you think will see dr. Shabibi involved in the new government?] I sure hope so but it doesn't look like it at the moment. But that can change. They may make him the finance minister.
1-30-2020 Newshound/Intel Guru Mnt Goat So how can Iraq fix this mess? They MUST select a new prime minister that is pro-Iraqi and not go along with this plan to block the project to delete the zeros and redenominate the currency (currency reform) by Iran anymore...At this junction in Iraq this currency reform is a critical reform...needed NOW if Iraq is to move ahead with reconstruction and attracting investors. It is needed even for the deal with China and don’t forget the same sort of deal is also on the table with the US. ... So the protestors have been told by the CBI this demand is coming shortly and would have already happened if not for this mess... So how long will the protestors wait for this demand to happen? ...There is still a ton of gold at the end of the rainbow for us but we just have to wait until the storm is over... [post 2 of 2]
1-30-2020 Newshound/Intel Guru Mnt Goat ...in April 2012 the currency auctions has increased daily from 150 million to 400 million and the money was being funneled to Syria and Iran. Today we know that in 2019 alone nearly $40 billion dollars was stolen out of the CBI this way. So, the corruption with the currency auctions had already begun even back in 2012 and has been ongoing since. So could this be why Maliki wanted to halt the redenomination Dr Shabibi was moving ahead with? Shabibi's plans to redenominate would have stopped the currency auctions and ended this "piggy bank" for Iran and Syria. ...Fast forward to today 2020. Could this be why Iran insists on having a pro-Iranian prime minister? Could this be why the CBI is deadly afraid of conducting the redenomination without the FULL support of the GOI and the prime minister?... [post 1 of 2....stay tuned]
1-30-2020 Newshound Guru Adam Montana Article: "Iran cannot access $5 billion of its energy money in Iraq: Official" Quote: "Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in Iraq, but Tehran cannot transfer it because of the US sanctions, an official says." US sanctions are starting to play a huuuuuuuuge role in separating Iran and Iraq. Anyone who thinks we don't have a hand in this is simply not looking at the whole picture.
1-30-2020 Intel Guru MarkZ Very little news last night…Zurich is still waiting…sitting in a conference room waiting on the release. I am looking for things to start happening in the next 2 days.
1-30-2020 Newshound Guru Jeff ...What is the deficit? They told us in the news it's simply the reforms which is the number one thing the demonstrators are requesting and seeking...the demonstrators want the reforms. The reforms are the deficit within the budget. That's post rate change...you have a lot of post rate change steps in the 2020 budget proving to you that the 2020 budget is married to the rate change and can only happen after the rate has changed. That's why they're delaying this 2020 budget. They said they're delaying the budget due to the formation of the government but that's a complete lie...they're trying to use formation of the government as an excuse or scapegoat...they can't tell you everything...in reality they can't approve the budget until after the rate change...
1-30-2020 Intel Guru Frank26 ...Allaq IMO was scheduled by the CBI to announce to the citizens the new category notes, the descriptions of them, the exchange rate, the reason for the removal of the 3 zeros, everything. But every weekend there seems to be something that stops it. IMO right now the CBI is huddling up with all its banks. And everything Allaq was about to release is what they are reviewing and going over. They know everything they want to do. Ironically the only thing they don't know is a date.
1-30-2020 Newshound/Intel Guru Mnt Goat So how can Iraq fix this mess? They MUST select a new prime minister that is pro-Iraqi and not go along with this plan to block the project to delete the zeros and redenominate the currency (currency reform) by Iran anymore...At this junction in Iraq this currency reform is a critical reform...needed NOW if Iraq is to move ahead with reconstruction and attracting investors. It is needed even for the deal with China and don’t forget the same sort of deal is also on the table with the US. ... So the protestors have been told by the CBI this demand is coming shortly and would have already happened if not for this mess... So how long will the protestors wait for this demand to happen? ...There is still a ton of gold at the end of the rainbow for us but we just have to wait until the storm is over... [post 2 of 2]
1-30-2020 Newshound/Intel Guru Mnt Goat ...in April 2012 the currency auctions has increased daily from 150 million to 400 million and the money was being funneled to Syria and Iran. Today we know that in 2019 alone nearly $40 billion dollars was stolen out of the CBI this way. So, the corruption with the currency auctions had already begun even back in 2012 and has been ongoing since. So could this be why Maliki wanted to halt the redenomination Dr Shabibi was moving ahead with? Shabibi's plans to redenominate would have stopped the currency auctions and ended this "piggy bank" for Iran and Syria. ...Fast forward to today 2020. Could this be why Iran insists on having a pro-Iranian prime minister? Could this be why the CBI is deadly afraid of conducting the redenomination without the FULL support of the GOI and the prime minister?... [post 1 of 2....stay tuned]
1-30-2020 Newshound Guru Adam Montana Article: "Iran cannot access $5 billion of its energy money in Iraq: Official" Quote: "Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in Iraq, but Tehran cannot transfer it because of the US sanctions, an official says." US sanctions are starting to play a huuuuuuuuge role in separating Iran and Iraq. Anyone who thinks we don't have a hand in this is simply not looking at the whole picture.
1-30-2020 Intel Guru MarkZ Very little news last night…Zurich is still waiting…sitting in a conference room waiting on the release. I am looking for things to start happening in the next 2 days.
1-30-2020 Newshound Guru Jeff ...What is the deficit? They told us in the news it's simply the reforms which is the number one thing the demonstrators are requesting and seeking...the demonstrators want the reforms. The reforms are the deficit within the budget. That's post rate change...you have a lot of post rate change steps in the 2020 budget proving to you that the 2020 budget is married to the rate change and can only happen after the rate has changed. That's why they're delaying this 2020 budget. They said they're delaying the budget due to the formation of the government but that's a complete lie...they're trying to use formation of the government as an excuse or scapegoat...they can't tell you everything...in reality they can't approve the budget until after the rate change...
1-30-2020 Intel Guru Frank26 ...Allaq IMO was scheduled by the CBI to announce to the citizens the new category notes, the descriptions of them, the exchange rate, the reason for the removal of the 3 zeros, everything. But every weekend there seems to be something that stops it. IMO right now the CBI is huddling up with all its banks. And everything Allaq was about to release is what they are reviewing and going over. They know everything they want to do. Ironically the only thing they don't know is a date.
1-29-2020 Intel Guru MarkZ [via PDK] I am hearing the [Dong] rate will come out at .47 and float up…Its already traded and I really think it will be the “sleeper” in the GCR…low cost and potentially great return.
1-29-2020 Newshound Guru Jeff Article: "Parliament Finance: The draft budget law will be sent by the Council of Ministers on April" ...why is it important to know what's going on with the budget? The country of Iraq has never approved a budget this late before. Every year for the last 11 or 10 years they've typically had the budget done...and...passed the budget off to Parliament by December...they typically finish February to March. This is the first time in their history that in 11 years that I've actually ever seen them delay a budget until April. That's very significant. IMO that's telling us they are waiting until after the rate change. Remember the budget itself will not contain a rate but it's pegged to the rate. That's why they have to wait...
1-29-2020 Newshound Guru Adam Montana I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right...and there are some of you who are going to reap some amazing benefits. [post 3 of 3]
1-29-2020 Newshound Guru Adam Montana The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines...but that's what is really going on. Where we are today, then, is on the cusp of some serious change...The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. [post 2 of 3....stay tuned]
1-29-2020 Newshound Guru Adam Montana The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets...they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. ...between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. [post 1 of 3....stay tuned]
1-29-2020 Intel Guru Bruce [via WiserNow] Now all redemption staff...are on a 45 minute readiness program...they are to be in the bank...ready to go... We know that in the past few days that there have been exchanges by VIP’s internationally in other countries...we know that people as late as today are being asked by some foreign countries to exchange their Dong – at a reasonable front screen rate...we do know that things are looking very good for us...everything is poised for this thing to go down... I feel like with what I’ve heard between the weekend and today and where I think we’re going this week and the time frames that I’ve been given so far – I feel very good about where we are and where we’re going... “It’s Coming” and It’s Coming Sooner Than We think”...
1-29-2020 Intel Guru MarkZ [via PDK] My Zurich and Hong Kong folks think it’s happening now...they are absolutely convinced they will have spendable cash this week. My Iraqi contacts still believe it’s very “soon”...the banking side is very “keyed up”. They need to be in place when this goes. They need to be there immediately. My contacts at the redemption centers are also wealth managers…they have 2 jobs and are paid by the bank. I have folks from Interpol to diplomatic corps…all over and at the upper levels of banking echelons and governments all over that this is no secret...that we are in the middle of a Global Currency Reset. I don’t know if they could set a hard date because this is such a fluid thing. I do believe we are very close...I really hope my bankers are right...
1-29-2020 Newshound Guru Jeff ...during the next few days or by Friday they're saying that they should be decided on a prime minister...
1-29-2020 Newshound/Intel Guru Mnt Goat Article: "TRADE BANK OF IRAQ IS EXPECTED TO STOP PROCESSING PAYMENTS TO IRAN" ...the goal of the US is to STOP all payments to Iran. This is part of corruption elimination and this is going to move ahead yet even more as they uncover the extent of all this Iranian corruption. Where is all the much-needed Iraqi reconstruction money going? Why does the 2020 budget have to have a deficit? ...I keep telling everyone that Iraq is filthy rich with oil revenue money however it’s a free for all for the taking. Corruption is so rapid.
1-29-2020 Intel Guru Footforward Article quote: "Najaf Governorate sit-in announced that the President of the Republic and the Iraqi parliament have been given a specific deadline to implement a number of demands." This would include a new PM :)
1-29-2020 Newshound Guru Jeff Article: "Parliament Finance: The draft budget law will be sent by the Council of Ministers on April" ...why is it important to know what's going on with the budget? The country of Iraq has never approved a budget this late before. Every year for the last 11 or 10 years they've typically had the budget done...and...passed the budget off to Parliament by December...they typically finish February to March. This is the first time in their history that in 11 years that I've actually ever seen them delay a budget until April. That's very significant. IMO that's telling us they are waiting until after the rate change. Remember the budget itself will not contain a rate but it's pegged to the rate. That's why they have to wait...
1-29-2020 Newshound Guru Adam Montana I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right...and there are some of you who are going to reap some amazing benefits. [post 3 of 3]
1-29-2020 Newshound Guru Adam Montana The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines...but that's what is really going on. Where we are today, then, is on the cusp of some serious change...The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. [post 2 of 3....stay tuned]
1-29-2020 Newshound Guru Adam Montana The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets...they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. ...between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. [post 1 of 3....stay tuned]
1-29-2020 Intel Guru Bruce [via WiserNow] Now all redemption staff...are on a 45 minute readiness program...they are to be in the bank...ready to go... We know that in the past few days that there have been exchanges by VIP’s internationally in other countries...we know that people as late as today are being asked by some foreign countries to exchange their Dong – at a reasonable front screen rate...we do know that things are looking very good for us...everything is poised for this thing to go down... I feel like with what I’ve heard between the weekend and today and where I think we’re going this week and the time frames that I’ve been given so far – I feel very good about where we are and where we’re going... “It’s Coming” and It’s Coming Sooner Than We think”...
1-29-2020 Intel Guru MarkZ [via PDK] My Zurich and Hong Kong folks think it’s happening now...they are absolutely convinced they will have spendable cash this week. My Iraqi contacts still believe it’s very “soon”...the banking side is very “keyed up”. They need to be in place when this goes. They need to be there immediately. My contacts at the redemption centers are also wealth managers…they have 2 jobs and are paid by the bank. I have folks from Interpol to diplomatic corps…all over and at the upper levels of banking echelons and governments all over that this is no secret...that we are in the middle of a Global Currency Reset. I don’t know if they could set a hard date because this is such a fluid thing. I do believe we are very close...I really hope my bankers are right...
1-29-2020 Newshound Guru Jeff ...during the next few days or by Friday they're saying that they should be decided on a prime minister...
1-29-2020 Newshound/Intel Guru Mnt Goat Article: "TRADE BANK OF IRAQ IS EXPECTED TO STOP PROCESSING PAYMENTS TO IRAN" ...the goal of the US is to STOP all payments to Iran. This is part of corruption elimination and this is going to move ahead yet even more as they uncover the extent of all this Iranian corruption. Where is all the much-needed Iraqi reconstruction money going? Why does the 2020 budget have to have a deficit? ...I keep telling everyone that Iraq is filthy rich with oil revenue money however it’s a free for all for the taking. Corruption is so rapid.
1-29-2020 Intel Guru Footforward Article quote: "Najaf Governorate sit-in announced that the President of the Republic and the Iraqi parliament have been given a specific deadline to implement a number of demands." This would include a new PM :)
1-28-2020 Newshound Guru MilitiaMan They haven't shown us the rate yet from the 2019 FMLA. The rate precedes the 2020 budget,just as the NSNs will need a rate and just as there is no need imo for the new PM. There will still be future elections to contend with and an on going concern, which are mostly unrelated directly daily goings of the CBI. They sorted their game plan already. Now we wait and see if the CBI reports accordingly 01/01/2020 - 01/31/2020 without a program rate attached to it... [post 2 of 2]
1-28-2020 Newshound Guru MilitiaMan We imo don't care about the 2020 budget, we/I care about the 2019 Financial Management Law Amendment that was passed and voted through under a residing and legal Prime Minister, just as was the 2020 Budget Law was two days prior to the PM ever resigning. All legal and legit. The 2020 budget has the ability to adjust over months at 1/12th the budget, while they get the new rate sorted out. That is why imo the law was done accordingly and hidden to a large degree. [post 1 of 2....stay tuned]
1-28-2020 Intel Guru MarkZ Reno sources have been dead quiet and I have not been able to get in touch with 2 of my contacts in Iraq. So no news from my guys in Iraq. My Zurich folks expected something to break loose about noon their time…its past that now but they are still expectant...They are pretty confident they are about to see something because they had been given a schedule for the week which involves them being very busy. I am very positive and expectant for this week.
1-28-2020 Newshound/Intel Guru Mnt Goat ...Why is Iran making all this trouble via their militias? They are doing it because they know their days are numbered and it is their last desperate attempt to remain in politics and have influence in Iraq. Basically, they want to control Iraq. They want to make Iraq a puppet state of Tehran. ...These Iranian militias have to be dealt with or we will never see peace in Iraq and never get the stability we need for an RV...The dream of a prosperous and abundant Iraq will never happen.
1-28-2020 Newshound Guru Kaperoni An interesting opinion piece came out a few weeks ago discussing what would happen if the US left Iraq. What caught my attention was the reference to floating the currency. Why would this be a topic unless this was the plan?
1-28-2020 Newshound/Intel Guru tman23 YOUSSFAD ALI TARIK HAKEM .... is name being floated in the inner circles as PM ... a business scholar with deep western ties ... an excellent anti Iranian choice which means Sadr is not in favor.
1-28-2020 Newshound Guru MilitiaMan We imo don't care about the 2020 budget, we/I care about the 2019 Financial Management Law Amendment that was passed and voted through under a residing and legal Prime Minister, just as was the 2020 Budget Law was two days prior to the PM ever resigning. All legal and legit. The 2020 budget has the ability to adjust over months at 1/12th the budget, while they get the new rate sorted out. That is why imo the law was done accordingly and hidden to a large degree. [post 1 of 2....stay tuned]
1-28-2020 Intel Guru MarkZ Reno sources have been dead quiet and I have not been able to get in touch with 2 of my contacts in Iraq. So no news from my guys in Iraq. My Zurich folks expected something to break loose about noon their time…its past that now but they are still expectant...They are pretty confident they are about to see something because they had been given a schedule for the week which involves them being very busy. I am very positive and expectant for this week.
1-28-2020 Newshound/Intel Guru Mnt Goat ...Why is Iran making all this trouble via their militias? They are doing it because they know their days are numbered and it is their last desperate attempt to remain in politics and have influence in Iraq. Basically, they want to control Iraq. They want to make Iraq a puppet state of Tehran. ...These Iranian militias have to be dealt with or we will never see peace in Iraq and never get the stability we need for an RV...The dream of a prosperous and abundant Iraq will never happen.
1-28-2020 Newshound Guru Kaperoni An interesting opinion piece came out a few weeks ago discussing what would happen if the US left Iraq. What caught my attention was the reference to floating the currency. Why would this be a topic unless this was the plan?
1-28-2020 Newshound/Intel Guru tman23 YOUSSFAD ALI TARIK HAKEM .... is name being floated in the inner circles as PM ... a business scholar with deep western ties ... an excellent anti Iranian choice which means Sadr is not in favor.
1-27-2020 Newshound Guru Breitling ...Let's talk about the information that comes from the CBI - the chart where you see it [the note count] coming down...I don't have access to the CBI but I do have friends that have access to the CBI. Basically their answer was until the CBI corrects that and puts out a statement that's what you live by...what you can count on is the rate is correct. And also when they say they are reducing the note count, they've always reduced the note count. Until the CBI corrects it follow the trend. They've never not followed through on what the trend was...they're reducing the note count. That's it...has the CBI come out and said they've made a huge mistake...no they have not...the overall trend is they are reducing the note count...Iraq's going to revalue their currency...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now...
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now...
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
1-26-2020 Intel Guru RayRen98 Saturday reports: The CBI staff members allegedly caught stealing money from the auctions and supporting Iranian factions. Iraqi TV is broadcasting the scandal and that other countries are now concerned about Iran stealing resources from Iraq. Citizens are angry with the CBI. Saleh is returning from Rome and will meet with blocs to announce the new Prime Minister. Protestors are in the streets chanting that Sadr has betrayed them by his supporting of Iran. Iraqi TV broadcasts that the new PM will announced on Sunday. Parliament announces a short recess in order to get the budget passed, citing that the Prime Minister situation is resolved...4 private banks run by militia-controlled interests continue to use the dollar auctions to secure money for Iran. The Qi card payment system was compromised with fake government employees receiving millions of dollars each month.
1-26-2020 Intel Guru Frank26 ...there are whales and sharks right now because of the chum that's in the CBI ocean that the CBI threw into the ocean themselves. And whales are certainly not exchanging anything right now because who's gonna give them a higher rate? That's just a myth...don't go by that nonsense of other gurus...it's illogical to think that there are such groups...
1-26-2020 Newshound Guru Breitling We're trying to get the currency down so it's more competitive. And what do we see in the news? The United States just put in 90 Billion more U.S. dollars...what do you think happens when they inject that amount of money into our economy? Do you think the value goes up? NO! The value is divided into that much more of the currency that's out there. How did China devalue its currency when we put tariffs on them? They injected their economy with a ton of Yuan. That's what they did. It's absolutely universal. So you think it's a coincidence that Iraq is pulling currency out of their markets? It's not a coincidence at all...So how did the amount of currency drop so quick? No body knows. They just show the chart. They don't show exactly what they did but you and I know what they need to do and it's not a coincidence that it's all going down... [Post 2 of 2]
1-26-2020 Newshound Guru Breitling ...How can the CBI have such a steep drop in their currency in such a short time? What did they do with it? No body knows. Here's what we don't know. Was it one denomination? Was it all the denominations they pulled back? There's not enough information to answer that question. But here's the point...you need to watch the currency supply. The markets are being flooded with energy, therefore the prices are coming down. And you see the reflection in the banking laws and the way they're treating their currency supply. You've seen the charts. You know there's a disruption. You know what they need to do. They need to reduce their note count. Very very simple. What if they wanted to take away value of the Iraqi dinar? What did they do in the first place? They flooded the market with currency! What is the United States doing right now to our currency? [Post 1 of 2]
1-26-2020 Newshound Guru Jeff ...[Guru] Mnt Goat did a nice job of bringing some new facts to the surface. The China deal with Iraq until 5 months from now. Change the rate Q1. My Iraqi contact from within the Iraq government said they need April and May, that two month period to start and complete the budget. That right there shows you the China agreement in the month of June...
1-26-2020 Intel Guru Footforward Article quote: "Free and peaceful protesters will always chant the symbolic national anthem "Mawtini" as a sign of freedom, independence and patriotism, away from the Iranian influence and partisan interests." The thing to note now, no one shooting at the Iraqi people. That means Iran's influence is weakening. This is good for us! I know this seems minor. But it's actually very telling.
1-26-2020 Intel Guru Frank26 ...there are whales and sharks right now because of the chum that's in the CBI ocean that the CBI threw into the ocean themselves. And whales are certainly not exchanging anything right now because who's gonna give them a higher rate? That's just a myth...don't go by that nonsense of other gurus...it's illogical to think that there are such groups...
1-26-2020 Newshound Guru Breitling We're trying to get the currency down so it's more competitive. And what do we see in the news? The United States just put in 90 Billion more U.S. dollars...what do you think happens when they inject that amount of money into our economy? Do you think the value goes up? NO! The value is divided into that much more of the currency that's out there. How did China devalue its currency when we put tariffs on them? They injected their economy with a ton of Yuan. That's what they did. It's absolutely universal. So you think it's a coincidence that Iraq is pulling currency out of their markets? It's not a coincidence at all...So how did the amount of currency drop so quick? No body knows. They just show the chart. They don't show exactly what they did but you and I know what they need to do and it's not a coincidence that it's all going down... [Post 2 of 2]
1-26-2020 Newshound Guru Breitling ...How can the CBI have such a steep drop in their currency in such a short time? What did they do with it? No body knows. Here's what we don't know. Was it one denomination? Was it all the denominations they pulled back? There's not enough information to answer that question. But here's the point...you need to watch the currency supply. The markets are being flooded with energy, therefore the prices are coming down. And you see the reflection in the banking laws and the way they're treating their currency supply. You've seen the charts. You know there's a disruption. You know what they need to do. They need to reduce their note count. Very very simple. What if they wanted to take away value of the Iraqi dinar? What did they do in the first place? They flooded the market with currency! What is the United States doing right now to our currency? [Post 1 of 2]
1-26-2020 Newshound Guru Jeff ...[Guru] Mnt Goat did a nice job of bringing some new facts to the surface. The China deal with Iraq until 5 months from now. Change the rate Q1. My Iraqi contact from within the Iraq government said they need April and May, that two month period to start and complete the budget. That right there shows you the China agreement in the month of June...
1-26-2020 Intel Guru Footforward Article quote: "Free and peaceful protesters will always chant the symbolic national anthem "Mawtini" as a sign of freedom, independence and patriotism, away from the Iranian influence and partisan interests." The thing to note now, no one shooting at the Iraqi people. That means Iran's influence is weakening. This is good for us! I know this seems minor. But it's actually very telling.
1-25-2020 Newshound/Intel Guru RVAlready ...No nomination of a specific name by Salih that I have seen...Time to name the PM and activate the RV...It will be good to see RV on - auctions off...Hopefully all done tomorrow. No point in waiting
1-25-2020 Intel Guru Footforward Article: "The Baghdad Post: Protest squares are now void of loyalists and followers of parties. They are full of patriotic, free and independent people and those who care only about Iraq." Progress is being made! Now is not the time to be cynical!
1-25-2020 Newshound Guru Breitling ...Iraq has suggested that the U.S. remove their presence in Iraq. The President has said if this happens Iraq's accounts will be frozen in the U.S...Could this in any way interfere with the revaluation of the the dinar? Look, Iraq is not going to kick the United States out of the region...This correlates a little bit with Trump talking about that we have billions of Iraq's money. That's in U.S. dollars. When he did that interview [1-11-2020] he's talking about dollars...what's energy traded in? It's traded in U.S. dollars. That's how we're able to have access to their accounts. They're in our banks and our reserves...
1-25-2020 Newshound Guru Chattels Article quote: "Baghdad / Nina / The economist Raad Tuwaij confirmed that the 2020 budget is an inflated and critical budget due to the high deficit rate to 33%, which is a large deficit that will cause a decrease in the value of the Iraqi currency and a decrease in the purchasing power of the Iraqi individual." There are some who say that inflationary pressure is a friend of a currency value increase.
1-25-2020 Newshound Guru Adam Montana Pressure is REALLY heating up to replace Mahdi... and it looks like Iran is losing the "(s)election". If they get anyone in there that isn't an Iranian puppet, we are on the fast track.
1-25-2020 Intel Guru Delta [Question? Didnt [Guru] Delta say the had to ri/rv delete the zeros etc in Jan? ...Something about the CBI legally needing to do it Jan and thats why it was delayed?] ...YES AND THAT CAME FROM CBI FROM 2012... Article quotes: "AUG 20, 2012 - Central Bank Deputy Director Mohammad Saleh appearance drew the interest of the Exchange must be with the new fiscal year, "the Iraqi Government's accounts cannot be registered in the same year, two forms of financial values"; "Delete the zeros MUST be at the beginning of a fiscal year". IMO...THEY HAVE A GRACE PERIOD OF 30 DAYS...
1-25-2020 Intel Guru Footforward Article: "The Baghdad Post: Protest squares are now void of loyalists and followers of parties. They are full of patriotic, free and independent people and those who care only about Iraq." Progress is being made! Now is not the time to be cynical!
1-25-2020 Newshound Guru Breitling ...Iraq has suggested that the U.S. remove their presence in Iraq. The President has said if this happens Iraq's accounts will be frozen in the U.S...Could this in any way interfere with the revaluation of the the dinar? Look, Iraq is not going to kick the United States out of the region...This correlates a little bit with Trump talking about that we have billions of Iraq's money. That's in U.S. dollars. When he did that interview [1-11-2020] he's talking about dollars...what's energy traded in? It's traded in U.S. dollars. That's how we're able to have access to their accounts. They're in our banks and our reserves...
1-25-2020 Newshound Guru Chattels Article quote: "Baghdad / Nina / The economist Raad Tuwaij confirmed that the 2020 budget is an inflated and critical budget due to the high deficit rate to 33%, which is a large deficit that will cause a decrease in the value of the Iraqi currency and a decrease in the purchasing power of the Iraqi individual." There are some who say that inflationary pressure is a friend of a currency value increase.
1-25-2020 Newshound Guru Adam Montana Pressure is REALLY heating up to replace Mahdi... and it looks like Iran is losing the "(s)election". If they get anyone in there that isn't an Iranian puppet, we are on the fast track.
1-25-2020 Intel Guru Delta [Question? Didnt [Guru] Delta say the had to ri/rv delete the zeros etc in Jan? ...Something about the CBI legally needing to do it Jan and thats why it was delayed?] ...YES AND THAT CAME FROM CBI FROM 2012... Article quotes: "AUG 20, 2012 - Central Bank Deputy Director Mohammad Saleh appearance drew the interest of the Exchange must be with the new fiscal year, "the Iraqi Government's accounts cannot be registered in the same year, two forms of financial values"; "Delete the zeros MUST be at the beginning of a fiscal year". IMO...THEY HAVE A GRACE PERIOD OF 30 DAYS...
1-25-2020 Newshound Guru Kaperoni For once...guru Jeff is right...The 2020 budget does include a public/private partnership to launch the private sector and begin significant reconstruction. But it does not involve a rate change for the dinar. If the currency is to appreciate it will not be some random act. But a decision to get off the peg and float the dinar as a result of inflationary pressure created from investors and an influx of capital to create a private sector and rebuild the country. This is not an overnight event. [Reference Guru Jeff Post 1-24-2020]
1-24-2020 Newshound/Intel Guru Mnt Goat The US wants all funding to terrorists to end... So this is the situation like it or not...it may be better to face Iran now and suffer any consequences NOW than to continue and prolong this Iranian influence any longer. We will NEVER see our RV with it. It may take some time to get Iran out but at least now the process has begun and is being aggressively applied. How long will it take, we don’t know. But there is a plan and the US and Iraq now are jointly working towards it. This is the VERY GOOD news today... [post 2 of 2]
1-24-2020 Newshound/Intel Guru Mnt Goat I want to remind everyone that the end of January is just around the corner. The month of January is noted as the BEST and MOST OPPORTUNE time for the CBI to conduct the reinstatement. Can they do it by end of January? ...I don’t think so. Does this mean we wait until next January 2021? Very possible we may have to since now they are talking about not even implementing the China deal with Iraq until 5 months from now. Seems 2020 is going to pass us by real fast. Another wasted year gone…I believe that over this coming weekend things could drastically change, if a prime minister is seated. [post 1 of 2....stay tuned]
1-24-2020 Intel Guru Bruce ... President Trump signed off on it... [Wednesday] evening...and gave the green light...after he got back from Davos – so we know its underway – we know the process is going...the redemption enter staff are all on a 45 min response now...once they get the call/text...they are to respond and be at their stations in the redemption centers ready to go in 45 minutes... So, that gives you some idea of just how ready everything is to go...it could very well go...(Friday) – Saturday – Sunday - Monday - all the way up to Tuesday morning...I’m excited for all of us...
1-24-2020 Newshound Guru Jeff ...what have they told us with the 2020 budget? They've told us that the large deficit within the 2020 budget is actually the reforms. The reforms are post rate change. The reforms are also one of the items that is most highly wanted items by the demonstrators. The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months...the last step we're currently waiting on is for them [GOI] to position the money for all of these post rate change items...
1-24-2020 Intel Guru MarkZ [via PDK] I am hearing from Hong Kong and Zurich that today is the day…It’s rolling out...Last I heard from Isaac was yesterday and he was expecting things to happen any movement [moment ?] ...my bankers say it can go right now...
1-24-2020 Newshound/Intel Guru BGG Article: " Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate" Quote: "Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives." I’m not sure I agree with the premise here. Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have the idea Saleh wants to find a candidate the protesters can get behind.
1-24-2020 Newshound Guru chattels There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.
1-24-2020 Newshound/Intel Guru Mnt Goat The US wants all funding to terrorists to end... So this is the situation like it or not...it may be better to face Iran now and suffer any consequences NOW than to continue and prolong this Iranian influence any longer. We will NEVER see our RV with it. It may take some time to get Iran out but at least now the process has begun and is being aggressively applied. How long will it take, we don’t know. But there is a plan and the US and Iraq now are jointly working towards it. This is the VERY GOOD news today... [post 2 of 2]
1-24-2020 Newshound/Intel Guru Mnt Goat I want to remind everyone that the end of January is just around the corner. The month of January is noted as the BEST and MOST OPPORTUNE time for the CBI to conduct the reinstatement. Can they do it by end of January? ...I don’t think so. Does this mean we wait until next January 2021? Very possible we may have to since now they are talking about not even implementing the China deal with Iraq until 5 months from now. Seems 2020 is going to pass us by real fast. Another wasted year gone…I believe that over this coming weekend things could drastically change, if a prime minister is seated. [post 1 of 2....stay tuned]
1-24-2020 Intel Guru Bruce ... President Trump signed off on it... [Wednesday] evening...and gave the green light...after he got back from Davos – so we know its underway – we know the process is going...the redemption enter staff are all on a 45 min response now...once they get the call/text...they are to respond and be at their stations in the redemption centers ready to go in 45 minutes... So, that gives you some idea of just how ready everything is to go...it could very well go...(Friday) – Saturday – Sunday - Monday - all the way up to Tuesday morning...I’m excited for all of us...
1-24-2020 Newshound Guru Jeff ...what have they told us with the 2020 budget? They've told us that the large deficit within the 2020 budget is actually the reforms. The reforms are post rate change. The reforms are also one of the items that is most highly wanted items by the demonstrators. The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months...the last step we're currently waiting on is for them [GOI] to position the money for all of these post rate change items...
1-24-2020 Intel Guru MarkZ [via PDK] I am hearing from Hong Kong and Zurich that today is the day…It’s rolling out...Last I heard from Isaac was yesterday and he was expecting things to happen any movement [moment ?] ...my bankers say it can go right now...
1-24-2020 Newshound/Intel Guru BGG Article: " Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate" Quote: "Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives." I’m not sure I agree with the premise here. Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have the idea Saleh wants to find a candidate the protesters can get behind.
1-24-2020 Newshound Guru chattels There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.
1-23-2020 Newshound/Intel Guru Mnt Goat These stipends must come out as close to the 1:1 rate with US dollar as possible as this is the way they set it up to go. This means that they will have to move ahead with the “project to delete the zeros” in order to do this. Yes, these stipends are a triggering mechanism for the RV. It is all part of the same plan and inter-connected. [post 2 of 2]
1-23-2020 Newshound/Intel Guru Mnt Goat ... an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, ...not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle... and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress. [post 1 of 2....stay tuned]
1-23-2020 Newshound Guru Kaperoni ...guru MarkZ is telling his follows that his crew is at the redemption centers ready to go. LOL. There is no redemption centers...If the CBI decides to raise the value based on sound monetary policy, I'm sure we will learn about ways in which we can exchange our dinar through financial institutions or market makers (currency dealers). All this other stuff from the guru's is just nonsense.
1-23-2020 Newshound/Intel Guru Mnt Goat ...Iraq does NOT yet have new prime minister...President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week...One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens... I believe Ali Abdul Amir Allawi will eventually end up with the nomination.
1-23-2020 Intel Guru MarkZ My crew at redemption centers…part are in place today and part are working at other things…because they also work at wealth management…but they are still on a one hour standby. I have never seen everyone in place like this…I have never seen this many people in place and excited in the entire history of this thing...everyone is geared up, in place and ready…I am very excited at where we are today.
1-23-2020 Newshound Guru Chattels Article quote: "If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget." The foregoing is confirmation of our explanation of the currency account... [Reference Trump interview video 1-11-2020]
1-23-2020 Newshound Guru Adam Montana ...it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that.
1-23-2020 Newshound Guru Jeff The US has poured trillions of dollars into Iraq and shed blood for Iraq. It wasn't the World Bank or the IMF...I showed it to you through all of last year. This is linked to accounting periods...because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year. They're telling you that this is linked to accounting periods...Iraq is probably transitioning back to their original fiscal year. April/March which is identical to how Kuwait is currently structured. That's why Kuwait changed their rate around the end of March to align their rate change with their fiscal year. You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]
1-23-2020 Newshound Guru Jeff ...one particular guru...is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change...that basically once they put in a prime minister that roughly within a month that's when the rate is gonna change. That's not the case... Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence. Those scenarios have nothing to do with the timing of the rate change. That's been scheduled since early last year...Who's in charge of the rate change? Donald Trump... [Post 1 of 2....stay tuned]
1-23-2020 Intel Guru Frank26 ...President Trump is more deeply involved in monetary reform of the dinar in Iraq...what if he told the Central Bank of Iraq it's time for you to stop using the American dollar. Play fairly. Does that sound familiar? The way that you do that is stopping your auctions...IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a "no later than " end date...
1-23-2020 Newshound/Intel Guru Mnt Goat ... an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, ...not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle... and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress. [post 1 of 2....stay tuned]
1-23-2020 Newshound Guru Kaperoni ...guru MarkZ is telling his follows that his crew is at the redemption centers ready to go. LOL. There is no redemption centers...If the CBI decides to raise the value based on sound monetary policy, I'm sure we will learn about ways in which we can exchange our dinar through financial institutions or market makers (currency dealers). All this other stuff from the guru's is just nonsense.
1-23-2020 Newshound/Intel Guru Mnt Goat ...Iraq does NOT yet have new prime minister...President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week...One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens... I believe Ali Abdul Amir Allawi will eventually end up with the nomination.
1-23-2020 Intel Guru MarkZ My crew at redemption centers…part are in place today and part are working at other things…because they also work at wealth management…but they are still on a one hour standby. I have never seen everyone in place like this…I have never seen this many people in place and excited in the entire history of this thing...everyone is geared up, in place and ready…I am very excited at where we are today.
1-23-2020 Newshound Guru Chattels Article quote: "If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget." The foregoing is confirmation of our explanation of the currency account... [Reference Trump interview video 1-11-2020]
1-23-2020 Newshound Guru Adam Montana ...it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that.
1-23-2020 Newshound Guru Jeff The US has poured trillions of dollars into Iraq and shed blood for Iraq. It wasn't the World Bank or the IMF...I showed it to you through all of last year. This is linked to accounting periods...because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year. They're telling you that this is linked to accounting periods...Iraq is probably transitioning back to their original fiscal year. April/March which is identical to how Kuwait is currently structured. That's why Kuwait changed their rate around the end of March to align their rate change with their fiscal year. You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]
1-23-2020 Newshound Guru Jeff ...one particular guru...is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change...that basically once they put in a prime minister that roughly within a month that's when the rate is gonna change. That's not the case... Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence. Those scenarios have nothing to do with the timing of the rate change. That's been scheduled since early last year...Who's in charge of the rate change? Donald Trump... [Post 1 of 2....stay tuned]
1-23-2020 Intel Guru Frank26 ...President Trump is more deeply involved in monetary reform of the dinar in Iraq...what if he told the Central Bank of Iraq it's time for you to stop using the American dollar. Play fairly. Does that sound familiar? The way that you do that is stopping your auctions...IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a "no later than " end date...
1-22-2020 Intel Guru Frank26 ...I believe that the appointment/ announcement of the Prime Minister now has a lot to do with when they will announce the new exchange rate. Male-Female. GOI-CBI. Separate but getting together now. It's time for them to go on their honeymoon and produce something...
1-22-2020 Newshound Guru Adam Montana Article quote: "Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region." There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth... My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense.
1-22-2020 Newshound Guru Adam Montana When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! ...My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon.
1-22-2020 Intel Guru Bruce ...I believe it’s coming very very shortly...There are things happening that are moving us closer and closer towards what we are looking for which is a combination – notification from 401,163 emails on the Wells Fargo server for the tier 4B – that’s us – the internet group as well as notification that I should receive to put out the toll free number...We are looking very strong for this to occur between tomorrow and the rest of the week...and I would not be surprised if we do get...notification and the ability to go in for our exchanges as early as tomorrow (Wednesday)... We’ll see how that goes...
1-22-2020 Intel Guru MarkZ Iraq does not have a new rate published yet…but they are still keyed up and expecting one at any time …My contacts in Redemption Centers are still on call and expecting to be working a long weekend…So imo we are still in a great place…
1-22-2020 Newshound Guru Jeff ...a lot of BS is coming out right now. They're doing that to mislead us because we're getting closer to the finish line. On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc's did not agree. Now Salih is going to Davos, Switzerland to meet with Trump. So after that Salih says he's going too appoint or nominate a new P.M. So we're waiting now on Thursday until we get a new P.M. We'll have to see how that goes. Lots of BS in the news coming out right now so it's hard and challenging to really focus on the news but that's all by design...
1-22-2020 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result...
1-22-2020 Newshound Guru Adam Montana Article quote: "Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region." There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth... My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense.
1-22-2020 Newshound Guru Adam Montana When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! ...My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon.
1-22-2020 Intel Guru Bruce ...I believe it’s coming very very shortly...There are things happening that are moving us closer and closer towards what we are looking for which is a combination – notification from 401,163 emails on the Wells Fargo server for the tier 4B – that’s us – the internet group as well as notification that I should receive to put out the toll free number...We are looking very strong for this to occur between tomorrow and the rest of the week...and I would not be surprised if we do get...notification and the ability to go in for our exchanges as early as tomorrow (Wednesday)... We’ll see how that goes...
1-22-2020 Intel Guru MarkZ Iraq does not have a new rate published yet…but they are still keyed up and expecting one at any time …My contacts in Redemption Centers are still on call and expecting to be working a long weekend…So imo we are still in a great place…
1-22-2020 Newshound Guru Jeff ...a lot of BS is coming out right now. They're doing that to mislead us because we're getting closer to the finish line. On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc's did not agree. Now Salih is going to Davos, Switzerland to meet with Trump. So after that Salih says he's going too appoint or nominate a new P.M. So we're waiting now on Thursday until we get a new P.M. We'll have to see how that goes. Lots of BS in the news coming out right now so it's hard and challenging to really focus on the news but that's all by design...
1-22-2020 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result...
1-21-2020 **** Dinar Guru Newsflash UPDATE **** Reports have come in that Iraq has a new Prime Minister. It appears this is NOT official. News and intel reports have been all over the place. Two names (there may even be a third) have come into focus...Ali Al-Shukri...who seems to be the protestors pick and Muhammad Allawi...favored by the Iranian faction of the GOI government. Obviously, this is an critical juncture for Iraq and the dinar. A lot is at stake. Which side is going to win Iraq? Stay tuned as the dust settles and the guru reports come. The latest guru updates will continue below...
1-21-2020 Intel Guru RayRen98 ...Iraqi TV has legal activists saying the budget will be given to the Finance Minister and he can present it to Parliament for voting and passage since the caretaker government is limited in what it can legally do. This is being voted on in Parliament to get done so the budget can be presented...Iraqi citizens are in the streets today regarding the slow pace of reforms... Saleh announced postponement of nomination of next pm had meeting this morning with several key figures on agreement before travel...
1-21-2020 Intel Guru Delta Article: "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study" Quote: "CBI is in the process of drawing up and implementing monetary policy" MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.
1-21-2020 Intel Guru MarkZ My contacts at the redemption centers are saying they will not be working 24 hours but from 7-11 everyday. They are still on “High Alert”. In Iraq I am hearing “yes” to a new prime minister. My diplomatic sources there are very optimistic for RV this week. My contractor sources over there expect to have to change the QI card values this week.
1-21-2020 Newshound Guru Kaperoni What the guru's keep talking about (some overnight event) to delete zeros is a LOP. That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced.
1-21-2020 Intel Guru Frank26 ...If it is like they are telling you in the articles today that they have a new prime minister, well then what does that mean? It means you no longer have a caretaker government...What do you think is the first demands the citizens want? ...they wanted a new government...second thing they want? Purchasing power. Because they know that that's coming...
1-21-2020 Newshound Guru chattels Article: "Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate ." Will it be Ali Al-Shukri or Muhammad Allawi ?
1-21-2020 Intel Guru Delta Article: "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study" Quote: "CBI is in the process of drawing up and implementing monetary policy" MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.
1-21-2020 Intel Guru MarkZ My contacts at the redemption centers are saying they will not be working 24 hours but from 7-11 everyday. They are still on “High Alert”. In Iraq I am hearing “yes” to a new prime minister. My diplomatic sources there are very optimistic for RV this week. My contractor sources over there expect to have to change the QI card values this week.
1-21-2020 Newshound Guru Kaperoni What the guru's keep talking about (some overnight event) to delete zeros is a LOP. That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced.
1-21-2020 Intel Guru Frank26 ...If it is like they are telling you in the articles today that they have a new prime minister, well then what does that mean? It means you no longer have a caretaker government...What do you think is the first demands the citizens want? ...they wanted a new government...second thing they want? Purchasing power. Because they know that that's coming...
1-21-2020 Newshound Guru chattels Article: "Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate ." Will it be Ali Al-Shukri or Muhammad Allawi ?
1-20-2020 Intel Guru MarkZ Quote "Monday UPDATE for January 20, 2020 Ali Allawi will be new Prime Minister" ...they're saying on Iraqi TV." I am told that was a key piece we needed to see…hope we see movement now.
1-20-2020 Intel Guru Frank26 ...IMO Iraq is asking the President of the United States of America two things. Keep your troops here and protect us. Build more bases if you have to and the other thing Mr. President, raise the value of our currency...
1-20-2020 Newshound Guru Jeff Article "Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister" So there you go Muhammad Tawfiq is the new Prime Minister of Iraq...
1-20-2020 Newshound Guru chattels Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.
1-20-2020 Intel Guru Footforward Article: "President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace" I'm hoping this is true, but I'm getting conflicting reports from different sources.
1-20-2020 Intel Guru RayRen98 Ali Allawi will be new Prime Minister ...they're saying on Iraqi TV. Muhammad Tawfiq Allawi will be commissioned as Prime Minister at 10:00 in the evening.
1-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary investment: the 2020 budget will be operational after the agreement with China" The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too... Imo!
1-20-2020 Intel Guru Frank26 ...IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions...
1-20-2020 Intel Guru MarkZ [What happened to Iraq unveiling their rate this weekend?] Everyone was positive it was going to happen this weekend…it was planned to be in the Gazette by Saturday...all I could say is I am very positive…hoping to see it by Wednesday. My redemption center folks are on call today...not at work...yet. It really is looking like it could be a Tuesday event…I’m terrified to say this...but all sources are saying this.
1-20-2020 Intel Guru Frank26 ...when the Central Bank of Iraq raises the value of their currency there are already established private banks around the world that have an agreement with the central bank...the Central Bank of Iraq's children is their currency. Each individual bill is very precious to them. It's called their note count...there are banks around the world IMO have been established around the world that will send back their children [Dinar Notes]...if I live in Ohio and I go to a bank and I exchange my dinar for American dollars...that bank has made an agreement with the CBI...Will the private banks allow us to leave the deposits in dinars? Yes...they are going to let you keep your dinars as dinars on American soil...all of this is IMO...
1-20-2020 Newshound/Intel Guru RVAlready current data looks good. CBI seems ready to implement. It has been a longer and more obfuscated route than almost anyone could imagine.
1-20-2020 Intel Guru Frank26 ...IMO Iraq is asking the President of the United States of America two things. Keep your troops here and protect us. Build more bases if you have to and the other thing Mr. President, raise the value of our currency...
1-20-2020 Newshound Guru Jeff Article "Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister" So there you go Muhammad Tawfiq is the new Prime Minister of Iraq...
1-20-2020 Newshound Guru chattels Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.
1-20-2020 Intel Guru Footforward Article: "President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace" I'm hoping this is true, but I'm getting conflicting reports from different sources.
1-20-2020 Intel Guru RayRen98 Ali Allawi will be new Prime Minister ...they're saying on Iraqi TV. Muhammad Tawfiq Allawi will be commissioned as Prime Minister at 10:00 in the evening.
1-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary investment: the 2020 budget will be operational after the agreement with China" The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too... Imo!
1-20-2020 Intel Guru Frank26 ...IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions...
1-20-2020 Intel Guru MarkZ [What happened to Iraq unveiling their rate this weekend?] Everyone was positive it was going to happen this weekend…it was planned to be in the Gazette by Saturday...all I could say is I am very positive…hoping to see it by Wednesday. My redemption center folks are on call today...not at work...yet. It really is looking like it could be a Tuesday event…I’m terrified to say this...but all sources are saying this.
1-20-2020 Intel Guru Frank26 ...when the Central Bank of Iraq raises the value of their currency there are already established private banks around the world that have an agreement with the central bank...the Central Bank of Iraq's children is their currency. Each individual bill is very precious to them. It's called their note count...there are banks around the world IMO have been established around the world that will send back their children [Dinar Notes]...if I live in Ohio and I go to a bank and I exchange my dinar for American dollars...that bank has made an agreement with the CBI...Will the private banks allow us to leave the deposits in dinars? Yes...they are going to let you keep your dinars as dinars on American soil...all of this is IMO...
1-20-2020 Newshound/Intel Guru RVAlready current data looks good. CBI seems ready to implement. It has been a longer and more obfuscated route than almost anyone could imagine.
1-19-2020 Newshound Guru MilitiaMan "Religious reference to Trump: The Iraqi government is transferring hard currencies to Iran ... We ask you to protect our money" Maybe this is why [Guru] Frank26 mentioned...the "time is now!" Did DJT get the letter above and give an "insistence" to make sure their money is safe and sound!? Re - Instating their currency will be a safety measure, as it protects the wealth of the nation, right? We shall see and I suspect that time now is ripe for them to be prepared to report what they may have done or will have done in due course. The articles suggest they are ready to give the 2020 budget draft to the parliament. Well imo not to break the good news to ya'll on that, but, the 2019 Financial Management Law Amendment will need to precede that...imo. That is where what it all revolves around and that is about the mechanism that is in or is the 2019 FML amendment! Just as the protection of their money does... They have been protecting the information in the 2019 FML for a very long time. imo.
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-18-2020 Intel Guru Frank26 ...what if there was a date for the stoppage of the auctions? ...what if Trump gave the CBI a date of when to stop the auctions? ...if there is any possibility of that being true, it's over. Stopping the auction and restricting the American dollar to be used inside of Iraq. Wow. It would crush Iraq. They would fall to their knees financially. They'd have to raise the value quickly. So you stopped the auctions Mr. President, how long can they hold their breath? Probably as long as a human being can. 30 seconds if that...they would have no choice but to do something with their currency. Add value to it. Bring out the new small category notes. Change the exchange rate...this is a good and positive thing for the monetary reform....
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru&
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru&